Chapter 1276 Two Pieces of Fat

After getting out of the commercial vehicle, Yin Jun had arrived at the Land Company headquarters.

Unexpectedly, as soon as I got out of the car, several reporters rushed towards me.

"Master Jun, why are you here at Real Estate?"

"Are you planning to cooperate with Land?"

"Master Jun, you didn't make it very clear last night. When will Xiangjiang's economy improve?"

"..."

Encountering a few scattered soldiers and crab generals, Yin Jun was naturally not forced to answer questions. Several bodyguards surrounded him and walked into the Land's headquarters building in the blink of an eye.

When he arrived at the general manager's office on the roof of the building, Yin Jun's first words were to mention this to Nu Bijian.

"Mr. Taipan, has the business of Real Estate been difficult recently? You see, reporters are blocking the door."

Nu Bijian was so angry that he blew his beard, "There are more reporters at the door of your Qilin Group than at Land, why didn't you say anything?"

"They are looking for news topics, because Kirin Group is the most stable company in Hong Kong today." Yin Jun said with a smile, "The comic weekly, books, newspapers, and toys shipped out from Kirin Group every day all represent us The business is booming and the people of Xiangjiang are making money all over the world."

"Can you represent Xiangjiang?" Niu Bijian said scornfully, "Don't forget, Jardine Matheson is the largest group in Xiangjiang. If Qilin Group wants to surpass us, it will take ten or eight years to work hard."

Jardine Matheson, which has been operating in Hong Kong for nearly a hundred years, is the largest group in Hong Kong. There is no doubt about this.

Their market value in Hong Kong alone has already exceeded HK$50 billion, and it was HK$50 billion in 1982!

Including their overseas assets, their market value can already be regarded as HK$100 billion.

At this time, Li Chaoren's Yangtze River Industries was only worth RMB 8 billion, Li Zhaoji's Henderson Land Development was less than RMB 1.5 billion, and Zheng Yutong's New World Development had also fallen to more than RMB 2 billion.

Land is a subsidiary of Jardine Matheson. It is also the largest real estate developer in Hong Kong. It owns many immeasurable properties and is also the largest landowner in Hong Kong.

The most puzzling thing is that many of these lands were not spent on them. They were just randomly occupied when they came to Xiangjiang.

The so-called enclosure means to allocate a piece of land here and then tell the officials that we want this land.

At that time, Xiangjiang was a desolate place with nothing. Everyone was British. The officials were eager to have companies from their own countries come here to do business, so they gave it to them without even thinking about it.

So until now, these lands have become a good thing. Every inch of land is valuable.

There are two streets on the Central side and the Admiralty side, both of which are owned by Jardine Matheson.

Although Yin Jun's Qilin Group has made rapid progress, it is still inferior to Jardine Matheson in Xiangjiang.

Niu Bijian was both the chief executive of the Land Company and the chief executive of Jardine Matheson and Co., so he held a high position of authority. I am afraid that only the Governor and Shen Bi in Xiangjiang could overpower him.

So in the past, Niu Bijian was really rampant in Xiangjiang, and he was very arrogant.

Although he has fallen into a lot of decline now, his arrogance has not diminished at all.

The reason for Niu Bijian's downfall is that in recent years, under the pressure of Chinese-owned companies, he has adopted the most radical way to fight back - significantly increasing investment, acquiring companies, and increasing the capacity of the main group company.

So he acquired a large number of companies and invested in many projects.

Among the acquisition companies, two are the most famous.

One is the Hong Kong Telephone Company.

At the end of last year, Land Corporation acquired 34.9% of the shares of Heung Kong Telephone Company at a sky-high price of 1.85 billion.

Then in April this year, they used a higher price of 2.75 billion to acquire 34.9% of Xiangjiang Electric Lighting.

The two transactions combined cost Land Corporation 4.6 billion Hong Kong dollars, which was enough to purchase all the shares of Henderson Land Development and New World Development.

Under normal circumstances, both the Xiangjiang Telephone Company and the Xiangjiang Electric Lighting Company are very high-quality companies.

Both companies are very monopolistic industry leaders.

The Heung Kong Electric Light Company supplies half of the electricity in Hong Kong, while the other half is provided by the China Electric Power Company of the Kadoorie family.

Xiangjiang's industry and commerce are highly developed, and the amount of electricity consumed every day is astronomical.

In the future, the Kadoorie family relied on China Electric Power as its cornerstone to achieve their great career as one of the top five richest people in Hong Kong.

A conservative estimate is that 34.9% of the shares of Heung Kong Electric Company will be worth more than HK$30 billion in the future, and it is not out of the question to exceed HK$50 billion at its peak.

Compared to the Hong Kong Electric Light Company, the Hong Kong Telephone Company is a more undervalued company.

Not because it has a complete monopoly and all the phones in Hong Kong are operated by one company, but because of the huge business and capacity of the mobile phone market in the future, you can imagine its power.

Li Xiaochao just passed a PCCW, and his market value soared to 200 billion Hong Kong dollars, achieving the great reputation of the little superman.

PCCW only occupies one-third of Hong Kong's mobile phone network share.

Before him, until June 30, 1995, the telephone communication business patent in Xiangjiang was owned by one family of Xiangjiang Telephone Company!

I dare not say that it will be worth HK$600 billion, but before 1995, if it reached HK$100 billion, there would be no problem at all.

The most important thing is, doesn't Yin Jun want to make a mobile phone?

Mobile phones happen to be part of the communications business and cannot be bypassed by Heung Kong Telephone Company.

Therefore, if Yin Jun wants to experiment and develop mobile phones, he must also win the Xiangjiang Telephone Company.

Therefore, the young man came here today to negotiate with Nu Bijian.

Does New Bijian know that the two companies he bought are two golden dolls?

of course I know!

But the current situation is that Niu Bijian has to sell these two future golden dolls to survive his own difficulties.

What difficulty?

This will involve the investment strategy of the Land Company.

New Bijian has formulated a radical development model, and the Land Company has invested in many projects in the past two years.

If the market is good, they will naturally make a lot of money, but the problem is that they are unlucky and happen to encounter this sensitive collapse. Not only do various investments suffer huge losses, but the capital chain in their hands suddenly becomes very tight.

Now according to the disclosed news, Land Corporation's losses in 1982 must have exceeded 1 billion Hong Kong dollars! !

Not only that, Land Company's debt has reached 8.8 billion Hong Kong dollars, almost 20%, exceeding any time in history.

This is not the most troublesome.

The most troublesome thing is that Land Company still has a huge project, and it is now at a critical moment.

This is the famous Exchange Square.

A total of three buildings are planned to be built in Exchange Square, two buildings have 52 floors, and the last one has 8 floors.

Its location is at the core of Central, next to the established Xiangjiang Station of the Hong Kong MTR Hong Kong Island Line, and the bus terminus is underground. It can be said to be the king of places.

The later Xiangjiang Securities Exchange was also in its building.

For this Exchange Square project, Niu Bijian worked hard.

The investment in the first phase exceeded 700 million. Now when it comes time to pay for the second phase, it is not much, only about 500 million, but the Land Company can no longer afford the money.

Not only this project, many of Land's bonds are also due to expire, and the total payment amount will reach about HK$1.2 billion.

If we take into account the medium-term debt before June next year, I am afraid that we will have to prepare another 500 million.

The huge financial pressure of 1.7 billion Hong Kong dollars suddenly gave Niu Bijian a headache.

Standard Chartered Bank, the most loyal bank to Land and Land, dared not lend them any more loans easily, so they had to raise the money themselves.

The Xiangjiang Dadong Telegraph Bureau, which smelled the smell, has already come to quote, and the first quote is HK$1 billion.

Nu Bijian refused without even thinking about it.

You are bullying people!

Less than a year after we bought it, you have reduced the value by nearly half to quote?

Even if we are both a British company, you can't bully people like this, right?

Although your Taitung Telegraph Office is doing very well in the pager business, you shouldn't look down on our Land Company, right?

The Taitung Telegraph Bureau, which was rejected, never gave up. It was still actively in contact with the Land Company, hoping to negotiate the deal.

But because their quotation is too far from the real estate company's psychological price, there has been no progress until now.

The Taitung Telegraph Bureau was the least anxious, because the time for the Land Company's debts and money was coming soon, and they were the ones who should panic.

Niu Bijian was indeed hesitant, doubtful, and hesitant.

But he never expected that at this moment, a second potential buyer would appear.

It is Qilin Group.

Three years ago, the newly established Qilin Culture was just an insignificant little guy in front of Landmark, not even qualified for Nuo Bijian to take a look at it.

However, three years later, Kirin Group has grown to a point that even Jardine Matheson has to pay attention to.

Their total market value exceeds 20 billion, which is higher than that of Land Corporation.

Niu Bijian felt very complicated about Yin Jun.

On the one hand, a genius like Yin Jun can indeed make anyone admire and awe him.

New Bijian thought he was an excellent manager, but compared to Yin Jun, he thought he could not surpass Yin Jun's talent.

Not everyone is a genius, and not every genius can be as stunning as Yin Jun.

On the other hand, Land Company suffered losses in front of Yin Jun more than once.

Whether it was in the Wharf business or in other transactions, New Bijian never took advantage.

Several failed confrontations made Niu Bijian very afraid of Yin Jun.

To be honest, if he hadn't been forced into this situation, Niu Bijian wouldn't be willing to discuss business with Yin Jun.