Year: I had a good time when I was young

Chapter 923 921 Massive Acquisition
Being able to hold less than 5% of the shares is meaningless for someone like Chu Xiangqian who has no shortage of opportunities to make money.

Moreover, in the future, Hong Kong's financial power will not be controlled by private individuals like the Federal Reserve.

Instead of working hard and fighting the foreigners to the death, it would be better to get some shares in the three exchanges to be established by Chinese capital in the future.

After 87, when the four exchanges merged, he could easily become one of the shareholders with the shares he held.

It’s just that Chu Xiangqian doesn’t want to get involved in the fight, but Huazi hopes that he can take the lead and find a way for Huazi to go public.

There are so many business owners who need funds. Their companies are obviously developing well and they have tried many times to list on the Hong Kong Stock Exchange, but they were all rejected by the foreigners.

So Chu Xiangqian did not move, because many people wanted him to lead everyone forward.

Especially now that we are in the midst of a banking crisis, companies and enterprises that were previously doing well are suddenly in a financial crunch.

They just hope someone can stand up and give them a hand.

Since Chu Xiangqian already had a plan to purchase real estate at a low price, there would definitely be no problem in letting him invest in some high-quality assets.

But it is absolutely impossible to ask him to help everyone.

Moreover, it is not difficult to divide and win over. Just get some people to speak for you. Those who did not get investment will not be able to form a group effect no matter how loudly they shout.

The threat to Chu Xiangqian is not that great.

He made an agreement with Hader that once Downing Street agreed, he would allow Hang Seng to set up a securities department.

Chu Xiangqian left the Administrative Affairs Office and called Ye Xiaoli using the car phone as soon as he got in the car.

Then he called Norton.

It would be a bad idea to ask Philips to handle this matter.

Although the power and prestige of the royal family are still considerable in this era, they have always been suppressed by both capital and securities traders.

It would be better to find Norton, who has a wide circle of friends in London.

This guy has never been short of money in recent years, and he also holds the sales rights of tiger bone wine in Yingguo.

He knew many sons of nobles and powerful people, and even some noble ladies and young ladies were his guests of honor.

Chu Xiangqian didn't even need to pay Norton to lobby, he just had to promise him that he would give him 500 more bottles of tiger bone wine this year.

The guy was on the phone, patting his chest and assuring that there would be results in a week at most.

Ye Xiaoli, who has 1 million Hong Kong dollars in cash in his hands, has been unable to hold back in these days.

As soon as he got Chu Xiangqian's permission, he immediately ordered his subordinates to contact real estate developers in Central, Mong Kok and North Point.

I called lawyer Wilson Wong and went to Standard Chartered with my accountant first.

When Standard Chartered heard Ye Xiaoli’s tripartite cooperation plan, it was overjoyed.

Ye Xiaoli paid money to buy the real estate from the bank's customers, and used the money to repay the bank's debts.

The customers are the ones who suffer the loss, but for those who owe money, they can have cash flow and avoid bankruptcy.

It's like cutting flesh to save one's life.

At the end of the discussion, Standard Chartered even suggested that Ye Xiaoli did not need to negotiate the price with those who owed money.

They were willing to take the initiative and help Ye Xiaoli negotiate.

As for the price, it was just an asset purchased by Standard Chartered for 1 million. If it is sold to Mingda, the price will have to be increased by 5%.

Ye Xiaoli agreed a thousand times in his heart, but he still called Chu Xiangqian and other shareholders.

Once the board of directors agreed, the cooperation became a natural process.

There were no unexpected events in the subsequent negotiations with Hang Seng.

Whenever Ye Xiaoli takes a fancy to someone's property, as long as that person has loans from two banks, people from the banks will come to collect the debt.

Although not everyone is willing to sell their properties at a low price, there will always be people who cannot afford it and have to use their assets to offset their debts.

And according to Ye Xiaoli's reward plan, as long as the price negotiated by the bank is lower than expected, half of the difference will be the reward.

Given the nature of capital, especially the employees of Standard Chartered and Hang Seng, if it is profitable for them, they will push the price down to the point of death.

In just three days, Ye Xiaoli had 11 industrial buildings in North Point before him.

Two small high-rise buildings in Central.

There are more than 30 properties of various sizes remaining in Wan Chai, Causeway Bay, Mong Kok and Yau Ma Tei.

If all of them were bought, Mingda would immediately lose 1 to million Hong Kong dollars out of the million Hong Kong dollars in cash.

Ye Xiaoli was unsure for a moment, and in addition to these properties, there were many other properties under negotiation.

So after much thought, I finally called Chu Xiangqian and other shareholders.

Request an emergency board meeting to determine which properties to purchase.

However, when he called Chu Xiangqian, Ye Xiaoli said that he had too many good properties.

Then he was invited to go over and see if there were any buildings he liked and buy them directly.

Chu Xiangqian, who was at home with Aiyuan, discussing the expansion plan of the woodworking factory, hung up the phone.

He smiled and said to Aiyuan, "It seems that we don't have to worry about the new plant of the woodworking factory anymore."

Hong Kong Island lacks land, and most of its factories are small workshops and small businesses.

Therefore, industrial buildings became popular in Hong Kong Island a long time ago.

Although this type of building has many hidden dangers, the factory will be located far away from crowded areas, which is beneficial for workers' commuting and life.

In one building, or in several surrounding buildings, there are many related companies in the same industry.

Business will be better if we share what we have.

That is why it was possible for industrial buildings to flourish in Hong Kong Island.

Purchasing an industrial building to use as a woodworking factory can also save time in building a new factory.

Of course, Chu Xiangqian would definitely not give up his plan to buy a lot of land in the name of the factory.

Even if only one factory building is built on ten acres of land and most of the rest is left vacant, the profit can be ten or even dozens of times greater as long as residential buildings are built in the future.

Aiyuan followed Chu Xiangqian out of the house in confusion. After arriving at Mingda’s headquarters, Chu Xiangqian looked up at the four-story building.

I secretly thought that this building was too small and really not worthy of Ming University.

After meeting Ye Xiaoli, Chu Xiangqian learned that there were two small high-rise buildings in Central, and he bought them without hesitation for 1400 million.

Compared to a few months ago, even in Central, land prices have fallen by 2%.

The 12-story building in Central that Chu Xiangqian used to offset the payment in the transaction with J.P. Morgan cost him 1600 million Hong Kong dollars.

But now two 8-story high-rise buildings only cost 1400 million.

So even though the price might fall further in the future, Chu Xiangqian bought it without hesitation.

This kind of property in a financial center is hard to come by.

If the bank hadn't been collecting a loan that was about to expire, the owner would have been reluctant to sell the house.

After confirming the price, Chu Xiangqian smiled and said to Ye Xiaoli, "How about renting one of the two Central Buildings I bought to Mingda at half the price as the new headquarters building?"

Ye Xiaoli was stunned. He didn't expect that Chu Xiangqian had just bought it and then turned around and rented it to the company.

But if you think about it carefully, half-price rent for three years is still a bit expensive.

But those two buildings are in Central, and no company can place its headquarters there.

(End of this chapter)