Rebirth of the Great Entertainment Empire

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On October 27, 1982, Carrian Group, Hongkong Land's main partner, announced that it had short-term cash flow problems.

Later, it was liquidated by the bank.

On November 2, Yida Investment, another real estate friend of Hongkong Land, also announced debt restructuring.

Afterwards, only Landmark was left to fight alone, and its plight can be imagined.

In mid-January 1983, Xu Cun finally gave He Chaoqiong and Yuan Tianfan an order to make Landmark even worse——Xu Cun asked He Chaoqiong and Yuan Tianfan to sell the stocks they gambled with Landmark, and ordered them to sell their stocks before the Chinese New Year, that is, in February. Before the 12th, all the stocks that were betting against Landmark were sold out.

Xu Cun's order caused the stock of Landmark Group, once the king of the real estate industry, to drop sharply, and also caused the debt of Hongkong Land Group to increase sharply. king".

By the beginning of February, Xu Cun had withdrawn more than five billion Hong Kong dollars in cash from the stock market, and Xu Cun still had about five billion Hong Kong dollars worth of Hongkong shares in his hands, and Hongkong's total debt had soared to 16 billion Hong Kong dollars .

If Xu Cun continues to sell Hongkong Land's shares, then Hongkong Land can only deal with assets at a low price to pay off Xu Cun's debts so as not to restructure its debts.

actually--

Hongkong Land has long been dealing with assets in secret.

A few months ago, Hongkong Land secretly placed 72 million shares of Jardine at HK$12.3 per share, cashing in HK$860 million, making Hongkong's shareholding in Jardine from 42.6% to 42.6%. reduced to 25.3 percent. At the same time, Jardine also reduced its shareholding in Hongkong Land from 30% to 25%.

Some time ago, Jardine Securities purchased 12.5% ​​of Jardine shares from Hongkong Land for 2.78 billion, which further reduced Hongkong Land's shareholding in Jardine to 12.5%.

In other words, Hongkong Land, which only holds 12.5% ​​of Jardine's shares, is almost becoming a subsidiary of Jardine Group.

On February 2, the Chairman of Jardines Niu Bijian and the executive director and general manager of Hongkong Land, Bao Fuda approached the chairman of HSBC, Shen Bi, and the newly appointed Hong Kong Governor, Sir Youde, as intermediaries to negotiate with Xu Chuan at the headquarters of HSBC.

Nine in the morning.

Xu Cun took He Chaoqiong, Mei Aifang, Li Zhi, Yuan Tianfan, Tu Weiguo, and Wang Xuejie to Shen Bi's office at the HSBC headquarters on time.

Those who do important things are never late - when Xu Cun and his party arrived at Shen Bi's office, Shen Bi, Niu Bijian, and Bao Fuda were already there.

Seeing this, Xu Cun said politely, "Sorry, I'm late."

Shen Bi took a look at Xu Cun's extremely young face, and said with a smile, "We came early."

Shen Congee, a British citizen, studied at St. Edward's College, Oxford University. During his tenure, HSBC's profits grew rapidly and its business development reached its peak. He had a vigorous and bold style and had close relationships with Chinese business people.

In 1979, Shen Porridge sold all the common shares of the British-owned Hutchison Enterprises held by HSBC to Cheung Kong.

In 1980, Shen Porridge used another two billion Hong Kong dollars to support Pao Yukang in buying a controlling stake in Wharf, and successively recruited several Chinese members such as Li Ka-shing and Deng Lianru to the HSBC board of directors.

In 1985, Shen Congee spent 5 billion Hong Kong dollars to build the HSBC head office building, and another 3.1 billion U.S. dollars to purchase 51% of the shares of the American Ocean Millennium Bank, which showed the strength of HSBC under his leadership. Therefore, people in Xiangjiang called Shen Congee the "King of the Big Class".

Shen Congee has a lot of face in Xiangjiang, even Xu Cun owes Shen Congee a favor (Xu Cun's two loans from HSBC were specially approved by Shen Congee).

It is precisely because of this that Xu Cuncai sold Shen Porridge and the face of the new Hong Kong Governor You Min, suspended the sale of Hongkong Land's stocks, and sat down to talk with Niu Bijian and Bao Fuda.

At this moment, Niu Bijian and Bao Fuda wanted to tear up Xu Cun and eat them piece by piece, but they had no choice but to beg Xu Cun to give them a break.

Based on this complicated psychology, Niu Bijian and Bao Fuda showed Xu Cun a stiff smile that could not be forced any more.

And Xu Cun showed a sincere smile to Niu Bijian and Bao Fuda who gave him seven or eight billion.

After a while, Hong Kong Governor You Min also arrived.

You Min nodded lightly to Xu Cun and others who stood up to greet him, and then sat down at the main seat reserved for him at the negotiating table.

After sitting down, You Min rushed to Xu Cun and said straight to the point: "Mr. Xu, can you give Centennial Land a chance?"

Xu Cun glanced at Niu Bijian and Bao Fuda, and said to You Min: "It depends on what Mr. Niu Bijian and Bao Fuda use to impress me."

You Min didn't speak any more, he looked directly at Niu Bijian and Bao Fuda.

Bao Fuda took a deep breath and said, "Mr. Xu, I wonder if you are interested in investing in Landmark?"

Without even thinking about it, Xu Cun said, "Not interested."

Xu Cun's answer was beyond the expectations of Niu Bijian and Bao Fuda - you must know that Hong Kong Land has a huge portfolio of high-end commercial buildings in the prime location of the Central Banking District, the heart of Xiangjiang's economy, and is known as the "Crown Pearl of Xiangjiang Real Estate" '. Having controlled Hongkong Land, it can be called the "king of kings" in the real estate industry of Xiangjiang.

Bao Fuda didn't believe that Xu Cun was not interested in investing in Hongkong Land, so he said leisurely: "Mr. Xu, I can guarantee that if you want to become a shareholder of Hongkong Land, you only have this chance in your life!"

Xu Cun ignored Bao Fuda's self-righteousness, but nodded to You Min and Shen Congee respectively, and then said to Niu Bijian and Bao Fuda: "For the sake of the Governor of Hong Kong and Mr. Shen Congee, I will give Landmark a chance... As long as you give me three things, I will return the Hongkong shares in my hand to you."

Niu Bijian asked Xu Cun in a deep voice, "I don't know what are the three things that Mr. Xu said?"

Xu Cun stretched out a finger and said, "The first thing is the land king by the seaside of Hong Kong Island."

Hearing the first thing Xu Cun wanted, the faces of Niu Bijian and Bao Fuda changed at the same time—if they can get out of the current predicament, the land king in the most prime location by the waterfront of Hong Kong Island can at least earn hundreds of dollars for Landmark. billion in profits. In the last life, Hongkong Land sold 34.9% of the shares of Heung Kong Telephone and Hong Kong Electric Group, and they were not willing to sell the Land King by the waterfront of Hong Kong Island. Extremely lucrative. This shows the value of the land king by the waterfront of Hong Kong Island.

Xu Cun didn't seem to see the expressions of Niu Bijian and Bao Fuda, and stretched out his second finger and said, "The second thing is that the land is located in the old wing of the Miramar Hotel in the tourist center of Tsim Sha Tsui."

The old wing of the Miramar Hotel in Tsim Sha Tsui Tourist Center, which was purchased by a consortium of Hongkong Land and Carrian for 2.8 billion yuan, is also a treasure, and its value is even higher than the second section of Admiralty.

The only pity is that Hongkong Land only has a large part of the old Mira Hotel wing, and another small part of the old Mira Hotel wing originally belonged to the Carrian Group. Due to the bankruptcy of the Carrian Group, the part of the Mira Hotel that originally belonged to the Carrian Group now The old wing is up for auction.

Hearing that Xu Cun still wanted the old wing of the Miramar Hotel, Niu Bijian and Bao Fuda almost ran away!

Fortunately, Niu Bijian and Bao Fuda, who had experienced a lot of wind and waves, still had the awareness of being a fish. After each of them took two deep breaths, they unanimously chose the opposite and did not make a sound.

Xu Cun, who stretched out his third finger, smiled slightly, and said, "Don't worry, the third item won't hurt your flesh, and the third item is 2.4% of Phoenix TV held by Jardine Group. shares."

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