Chapter 1138 The Huge Pit of Latin American Sovereign Debt
Xia Yu's eyes swept across the faces of Wu Siyuan and Jiang Zhiqiang.
He smiled and asked, "How much cash flow do your respective companies have now?"
Wu Siyuan replied first: "The box office distribution of "Alien E·T" has not yet arrived. In addition to this, the company has more than 230 million Hong Kong dollars in the account."
Jiang Zhiqiang then said: "Chairman, Universal Cinema has more cash flow, and excluding the box office revenue of "Alien E·T", there are more than 410 million Hong Kong dollars in cash."
It can be seen from the cash flow of the two companies that it is too difficult for other competitors to fight against each other.
Xia Yu said with a smile: "It looks like you can all complete the acquisition."
Jiang Zhiqiang nodded and replied: "Yes, although the net assets of Shaw Brothers Cinemas have not been carefully calculated, but they are probably more than 100 million Hong Kong dollars, and Universal Cinemas can easily eat them."
Wu Siyuan went on to say: "Shaw Brothers Studios will definitely not be sold by Shao Yifu. He still has to use it to shoot TV series. After excluding the studios, the value of Shaw Brothers Studios is lower, and the main value is concentrated in In terms of intangible assets such as personnel, after this loss, I estimate that about 50 million Hong Kong dollars will be able to take down the entire Shaw Brothers Film Company."
Xia Yu nodded with a smile, and said, "Since you all have a plan, and there are so many benefits to the company, then do it."
"Compared to Golden Harvest Films and other competitors, if you want to acquire, you will pay more. You should pay more attention to the specific acquisition."
"We understand!"
Wu Siyuan and Jiang Zhiqiang responded in unison.
...
Just when Hong Kong public opinion was dominated by the changing ownership of the Shaw Brothers movie empire.
What the people of Xiangjiang don't know is that Xia Yu has accomplished another big thing in the global film market.
On June 25, Coca-Cola completed a privatized wholly-owned acquisition of Columbia Pictures, one of the Hollywood giants, at a price of $750 million at a premium of twice with the financial support of Citibank and Wells Fargo.
As soon as the news was announced, the already turbulent American film industry set off another huge wave.
Because of the handling of equity, Northstar Capital is only a 13% shareholder of Coca-Cola, so others don't know that Xia Yu's influence in Hollywood has surpassed Warner Bros. one!
Hollywood's Big Eight has actually become the Big Seven after MGM Studios merged with United Artists.
At present, two of the seven giants are in fact controlled by Xia Yu.
With the support of MGM Studios and Columbia Pictures, the development environment of Universal Cinemas and Galaxy Films will get better and better!
in the hustle and bustle of the outside world.
Xia Yu quietly came to his Galaxy Fund Company.
Since the last time he led the Galaxy Fund in a battle in the international crude oil market, it has been a long time since the Galaxy Fund has fought a super-large war.
Although the actions of Galaxy Fund later are still more dangerous and profitable than companies such as Bright Fund and Jiuding Securities.
However, Liu Xiao and others couldn't raise their passion, and even for the kind of capital investment of hundreds of millions or billions of dollars, they were able to achieve a state of calmness without any fluctuations in their hearts.
Just like after seeing Mount Everest, it is difficult to stimulate the optic nerve when looking at other peaks.
"boss!"
"boss!"
In the greetings along the way, Xia Yu came to his own office, and then summoned all the senior management of Galaxy Fund.
Liu Xiao, Xue He, Song Yang, Li De, Tang Yong, Ma Kai, Wang Gang, Liu Wei and others.
After everyone arrived, the atmosphere in the office gradually became enthusiastic.
Xia Yu's eyes swept across everyone's faces one by one, and Xia he couldn't help being a little ecstatic.
I still remember that when the Galaxy Fund was established in a low-key manner, in his opinion, these people still have a lot of room for improvement, and many people seem a little immature.
There are many shortcomings.
But what about now?
Everyone's mental state is excellent, full of energy, deep eyes and perseverance, that kind of stable and shrewd temperament is completely exuded from the inside out.
This means that everyone is very confident, which is an obvious manifestation of the absence of ability panic.
Xia Yu came back to his senses, showed a smile, and praised: "Seeing everyone in this state, I am relieved about the next action!"
Hearing this, Liu Xiao and others couldn't help but smile.
"This time, I will lead everyone to act again, and create another brilliant future!"
"As for the action target, you must have guessed it based on the tasks I gave you before."
"So I won't say much about the extra nonsense. You can directly look at the information in your hand and discuss it together."
"Liu Wei! Send all the sorted materials."
"OK!"
After Liu Wei finished responding, he got up and distributed Xia Yu's two stacks of thick documents to everyone one by one.
Except for Xia Yu who read these materials once, they didn't read all of them, they just understood some of the information. This time, they will understand them in all directions.
After getting the information, Xia Yu didn't speak, and took the lead to open the information and browse.
For a while, the only sound of breathing and flipping papers was left in the entire office.
These data were collected and sorted out by Xia Yu with huge human and material resources. They are detailed data on the debt markets of developing countries around the world.
The outstanding external debt of developing countries soared from $125 billion in 1972 to $626 billion in 1982.
Among them, the outstanding debts of 19 Latin American countries, including Mexico, Argentina, Brazil, Chile, Colombia, Peru, and Venezuela, totaled US$328.7 billion.
Accounted for 52.5 percent of developing countries' outstanding external debt.
More than half!
By the end of 1981, U.S. banks alone accounted for 41% of bank loans in Latin America and other countries, and these loans were highly concentrated in the hands of a few large banks, with 24 banks in the hands of them. More than four-fifths of them are loans.
The proportion of loans from European and other countries to Latin America and other countries is even higher, as high as 48%, reaching as high as 157.7 billion US dollars.
In the market of bank loans from European countries to Latin America, the United Kingdom has the largest share, accounting for 24.8% of the European share, nearly a quarter, even in the outstanding debts of the entire Latin American and other countries. , also accounted for more than ten points, reaching 11.9%, or 39.2 billion US dollars.
And these loans were concentrated in the hands of Barclays Bank and Westminster National Bank. Barclays Bank alone accounted for 34.9% of the UK's share, with a total debt of 130%. $1.68 billion.
The amount of debt in Latin American countries is also graded.
The first tier is Brazil, Mexico, Argentina, Venezuela and Chile.
Among them, Brazil's foreign debt balance is 91.3 billion US dollars, Mexico ranks second with 87.6 billion US dollars, Argentina third with 43.6 billion US dollars, and Venezuela fourth with 35.56 billion US dollars U.S. dollars, Chile ended up at $17.16 billion.
The total foreign debt balance of the five countries has reached 274.7 billion US dollars, accounting for 83.58% of the total foreign debt of Latin America.
At the beginning of 1983, the principal and interest amounts due and payable were at most US$43.1 billion in Mexico, US$30.8 billion in Brazil, US$18.4 billion in Argentina, US$19.9 billion in Venezuela, and US$8 in Chile. $1.6 billion.
The ratio of the five countries' debt service ratio (that is, the repayment of principal and interest of foreign debt) to export revenue is 126%, 117%, 153%, and 1%, respectively. One hundred and one and one hundred and nine percent.
Both are far beyond the internationally recognized warning line of 20 percent of the debt service ratio.
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PS: Sorry, the information was checked late, resulting in a very late update.
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