Rebirth of the Tech Madman
Chapter 345: Jardine has to go crazy
The failure reported by Zhou Mi refers to the failure of the acquisition of Xiangjiang Telephone. △¢four△¢five△¢中△¢text...,
For that 30% of the shares, Land Land madly smashed nearly 1.4 billion, which was a big surprise. As a result, he was caught off guard, missed the opportunity and quickly lost the battle.
Under the background that the mainland clearly proposed reform and opening up, the Hong Kong Hang Seng Index broke the stalemate from 1976 to 1977. It started from the low of 383.4 in 1978 and rose to July 17, 1981, in just three years. 3.7 times.
This shows how investors are optimistic about Xiangjiang, a commercial springboard to enter the mainland. Naturally, this has also promoted the enthusiasm for real estate development, and there has even been a frenzy of property speculation on the market.
There is an indicator that can explain to a certain extent the jaw-dropping level of this speculation, that is, the mortgage burden ratio of property prices-the proportion of mortgage expenditures in the income of college graduates, which was as high as 180% at the peak. In other words, the low-level people have to use nearly double their income to be able to afford the flats.
The Carrian Group took advantage of this great opportunity in the stock market to speculate and blow out a huge soap bubble.
However, in 1981, that is, on July 17 this year, the Hong Kong Banking Association announced that starting from July 21, the interest rate on savings deposits would increase from 11% to 12%. As a result, the Hang Seng Index began to fall from its highest point on that day.
According to the historical trajectory, this is the prelude to the first stock market disaster in Hong Kong in the 1980s.
In addition, the Sino-British negotiations on the future of Hong Kong have already started, and the Hang Seng Index will fall by a total of 63% this year and next year.
And this decline. It will last until the Sino-British negotiation reached an agreement in 1984. After the situation became clear. Will rebound.
Against this background, Tang Huan believes that as long as he sincerely acquires more than 30% of the shares of HeungKong Telephone, even Jardine is interested. However, due to his own intervention in the Wharf acquisition battle, he did not As in the original time and space, he slammed a cash from the charter king. On the contrary, this price difference fell into his own pocket, which caused its competitive strength to be very limited.
And the team of Handing Investment Company, after researching, the result is similar to Tang Huan's inference.
Therefore, it is responsible for the detailed implementation, and the acquisition policy is set to be stable and friendly, without spending unnecessary money.
After all, relying on Tang Huan's speculative intelligence to accumulate the wealth of the family, it would have been difficult to show off wantonly.
It can be said that Tang Huan's calculation is very detailed. It stands to reason that the acquisition should be a good deal. But they missed a subjective factor of human influence-from the internal corporate politics struggle of Jardine.
The current chairman of Jardine Matheson, also known as the Taipan of Xiangjiang people, is-David New Bijian.
During the First World War, his father was awarded the Cross in 1918 for his military service, and went to the Far East and Hong Kong to develop. From 1938 to 1947, he served as a director of Jardine Matheson. On the eve of the fall of Xiangjiang by Japan in 1941, He was appointed as a food control officer and then detained in the Stanley Detention Camp. During the period, he managed to maintain order in the camp. After Japan was defeated in the war, he was awarded the Most Excellent Medal of the British Empire.
Born in China, New Bijian, after completing his studies in Canada and the United Kingdom, decided to come to Hong Kong to develop in 1954. At the age of 20, he joined the Jardine International Company where his father had worked. Starting from the low, he became a director of Jardine Matheson in 1967. In 1970, he was promoted to managing director of Jardine Matheson, and concurrently served as chairman of Jardine Matheson's Wharf.
In fact, in 1970, New Bijian had the opportunity to serve as the chairman of Jardine Matheson, but at the insistence of the Keswick family, Henry Keswick, the then senior managing director, won the support of shareholders from London, England. And succeeded.
It was not until three years later that Henry Keswick stepped down, and Bijian Niu took over as the chairman and senior managing director of Jardine Matheson, taking over the decision-making power of Jardine Matheson.
But the problem is that Ding Xing, a member of the Keswick family, has survived Henry Keswick by time. His brother, Simon Keswick, followed one after another, staring at the position of Taipan eagerly.
The Keswick family from Scotland is a descendant of William Jardine's cousin, one of the founders of Jardine Matheson, and is the main shareholder of Jardine Matheson.
But after more than a hundred years of development, the Keswick family’s shares have long been diluted to the point where no one can make a decision, and Newbie has the qualifications of father and son to fight for Jardine and even become prisoners of war, and is recognized by shareholders. The extent of this can also be imagined.
Therefore, if Simon Keswick wants to sit on the throne of the Jardine Meisterstuck, he can only seize power through a step-by-step corporate political struggle, and the most powerful method is to question New Bijian’s ability to operate and fight his opponents. Prestige.
It is precisely the sad reminder that Niu Bijian has at least two handles-the decline of Jardine's traditional business and the failure of the Wharf, which have become indefensible shortcomings.
But in fact, New Bijian was blamed for this, and he was really aggrieved.
First of all, the business of Jardine Matheson, which was originally based on re-export trade and agents, is undergoing changes in the external environment on which it relies.
As early as 1962, the famous scholar Marsu McLuhan proposed the concept of the global village.
The trend of economic globalization is becoming more and more obvious, and more and more manufacturers are approaching local buyers directly.
As an agent, the importance of Jardines has decreased, and the income will naturally fall back.
No matter who is in charge of this general trend, you can only pinch your nose and admit the reality.
Secondly, in the course of the Wharf battle, Niu Bijian has been exhausted and tried his best. In order to raise funds, he even sold the Golden Gate Tower to the Carrian Group at a price of close to one billion, giving it the opportunity to speculate. Put the so-called strength.
Facing the fierce Chinese capital, Jardine has only two choices. One is to spare the money to preserve the Wharf and maintain the face of the Century-old Ocean Bank, or to maximize the cash and lining when it sells the Wharf.
And in late June last year. Niu Bijian took advantage of the gap between the charter king's journey to Europe. Launch a decisive battle. Its plan is the best of both worlds in terms of face and lining.
In the original time and space, although Niu Bijian lost control of the Wharf, he made a fortune from the charter king and returned with a full load, which was considered worth the fare.
But in this time and space, because Tang Huan jumped out and got a kick, Yihe didn't get any face and suffered a great loss.
This is obviously a crime of non-war. Niu Bijian was wronged and got home.
In the face of Simon Keswick's force, New Bijian naturally has to prove his ability with practical actions.
In his view, if Jardine wants to get rid of the current predicament, it must carry out business transformation like the charter king abandoned the ship and landed and moved from the shipping industry to the real estate industry.
Niu Bijian also chose the real estate industry, as well as public service industries such as HeungKong Telephone and HeungKong Electric, which can restore Jardine's image as the boss in the past.
But the prerequisite for this is that investors must have confidence in the future of Hong Kong, and the Keswick family of Yihe. It happens that there is "fear of _ comorbidity", and the disease is in the bone marrow. It became a stubborn disease. After Geyinqi provoked the Opium War, the branches operating in various parts of mainland China for more than a hundred years were all confiscated by the autumn wind.
Ever since, the contradictions and differences between Simon Keswick and New Bijian became more and more obvious.
Under tremendous pressure, eager to prove himself, Niu Bijian, contrary to the conservative style of the past, behaved extremely bold and radical in investment, broke out into trouble, smashed his thoughts into his hands, and took the Xiangjiang phone into his hands. .
Of course, there is no sense of ambition in it.
In the decisive stage of the Wharf battle last year, Tang Huan not only earned the price difference, but also got the favor of the charter king, which made the calculation of Yihe failed. It is strange that New Bijian didn't hate it in his heart.
As for Chinese businessmen like Charter King, the turnover of funds is largely dependent on HSBC. When transferring funds to Tang Huan, New Bijian, a director of HSBC, is not difficult to figure out the flow of funds.
After following the vines, he naturally knew who had pitted Yihe, so that he had an extra target for Simon Keswick to attack wantonly.
Now in the battle for the shares of HeungKong Telephone, Land Land has defeated Tang Huan, who is bound to win. Not only did he avenge his revenge, but he also restored the honor for Jardine.
In order to consolidate his prestige, New Bijian hyped up the success of this capital operation through the media. Financial newspapers such as "The Wall Street Journal Asia", "The Economic Journal", "Focus" and so on participated in the discussion. Even Media Asia TV unavoidably reported in detail the loss of his boss.
Seeing that Niu Bijian is so reluctant and not forgiving, he is depressed, but there is no way. Who makes the market only use success as a hero.
And he can't have a posture that he can't afford to lose. When there are media interviews, he still has to lose and not lose. Congratulations to his opponent.
Fortunately, Tang Huan didn't care about the gains and losses this time, and Zhou Mi's guilt finally eased a little, so he went on to talk about New Bijian's high-profile publicity.
Regarding this, Tang Huan said indifferently: "Let them play around for a while, and then there will be a chance to get back. Also, you should not pretend to be generous with a smile, you should show annoyed emotions, and you can't waste it. An excuse to start a war."
"It seems that I have to show off too." Zhou Mi gave a wry smile, "How long will you stay in the mainland?"
"The official affairs are almost handled, and then I will be busy with private affairs, pay homage to my parents, go back to my hometown and so on." Tang Huan replied after thinking for a while.
"Don't forget, go to sweep the grave for me." Zhou Mi sighed.
"Remember." Tang Huan promised: "The quality of the call is not good. If there is nothing else, let's do this first. When I finish my work here, I will go to Xiangjiang next stop."
After putting down the phone, Zhou Mi shook his head, still not completely relieved of this failure.
You know, Tang Huan has prepared a lot of technologies and products, and planned to use it on the platform of Xiangjiang Telephone according to his own schedule, but now it has failed. It can only be said that an established British-owned firm like Jardines has a profound foundation and cannot be underestimated.
Zhou Mi was habitually reviewing his gains and losses. The assistant knocked on the door to remind him, "Mr. Zhou, the charity auction held at Shangri-La Hotel is almost time."
"Let's go." Zhou Mi nodded. He represents Tang Huan in Xiangjiang. He has to attend all kinds of events, but because of the many names, sometimes he can't remember such schedules.
The Shangri-La Hotel, belonging to the Guo family of Malaysia, is located in the eastern part of Tsim Sha Tsui, Kowloon, Hong Kong, a piece of land obtained through reclamation in the 1970s.
The Kwok family began investing in real estate and hotels in Hong Kong in 1977, so they bought the land.
The Shangri Hotel opened this year after its completion and hosted many influential events, and its popularity in Xiangjiang increased rapidly.
The charity auction held at the Shangri-La Hotel, naturally, can also increase its reputation.
After Zhou Mi arrived, he found that Niu Bijian was also coming to join him. He remembered Tang Huan's previous instructions, so he sullenly made a disdain for the opponent.
New Bijian naturally noticed this recent opponent. Seeing Zhou Mi's unhappy face, he was increasingly burnt by Simon Keswick. He was rarely relieved, and he smiled generously. Only the winner is qualified to show up.
At this time, a sharp-eyed reporter discovered this subtle scene and quickly snapped it down in a panic.
When Zhou Mi was upset, he sneered in his heart. Datang is now staring at Pacific Bell, a subsidiary of AT&T, and has no time to talk to you.
I'll take care of you when I'm free next year.
What I failed to accomplish was nothing more than a trivial matter for Datang.
Zhou Mi was thinking about it, and suddenly heard someone shouting: "Mr. Zhou, come here and sit down."
He followed his reputation and saw that it was Deng Lijun, so he walked over and sat down without seeing him, and sincerely praised, "Miss Deng is really getting more and more beautiful."
Zhou Mi's sentiment is not a word of face, but it is the case.
In order to avoid the recurrence of the original time and space in the mid-1980s, Deng Lijun was overworked, caused kidney disease, and brought down the tragedy of the body. Tang Huan not only forcibly resisted the various propaganda and performance tasks assigned by the treasure island officials for Deng Lijun, but also restricted it. The intensity of her work ~www.readwn.com~ Anyway, after being allowed by Baodao to return from the United States, Deng Lijun has miraculously made a comeback and restored her former popularity. Naturally, there is no need to continue to work so hard to overdraw her health.
Therefore, Deng Lijun, who is now less than 30 years old, is blooming healthily like flowers, especially in the bright eyes, with a playful look in his eyes from time to time, thus showing infinite vitality.
Such a radiant superstar style naturally attracted countless admirers, including Guo Kongcheng, the young owner of this Shangri-La Hotel.
In this regard, Deng Lijun, who has become famous as a young man, has long been surprised. Although her mother is not guarding by her side, she knows how to respond if she belongs to her. It is only necessary to politely and clearly refuse, and she can’t control other people’s ideas. Just keep your duty.
However, Guo Kongcheng was still persevering, and when He Lili made a match, she sat next to him.
Deng Lijun felt a little awkward, and happened to see Zhou Mi, so he invited him to hold his position. (To be continued...)
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