The richest man went on a blind date, and his 19-year-old daughter wanted to support me
Chapter 543 Old man, who do you think you are!
Chu Hang was reading the news in the newspaper. Tang Yueming and Qiu Tong were talking. Qiu Tong came to see Chu Hang specially.
When Chu Hang came back, the local tycoons were dumbfounded. What was even more dumbfounded was the subsequent plunge in palm oil prices.
Local tycoons have invested a lot of money in palm oil. According to relevant reports, more than 10 billion yuan has flowed into palm oil-related industries in Southeast Asia from Hong Kong recently. This is fatal.
The local tycoons are not like Chu Hang, who is very powerful and can easily mobilize hundreds of billions of funds. These invested funds are almost the limit of what they can mobilize. They had hoped to make a fortune through palm oil, but now it is impossible?
The price of palm oil will not recover within a few years, and it is impossible for them to withdraw funds now. The funds have entered the Southeast Asian palm oil market and turned into plantations, machinery and materials. The currencies of Southeast Asian countries have been unstable recently, and foreign exchange is gradually decreasing. At this time, large amounts of funds are not allowed to outflow.
They were trapped by Chu Hang. Qiu Tong looked at Chu Hang and knew that this was Chu Hang's work. Now not only him, but the whole of Hong Kong knew that Chu Hang was manipulating the palm oil market behind the scenes.
Because the timing of his return was too coincidental, everything was too coincidental. As soon as he came back, the palm oil market collapsed.
Qiu Tong was also frightened. Li Bancheng had taken action, but it was useless. He didn't feel any pressure from Chu Hang.
"Chu Sheng, your handwriting is really scary!"
Qiu Tong said, this is the real crocodile. Those local tycoons in Hong Kong are really far worse than Chu Hang.
The media attacked, local families united to make things difficult for him, but Chu Hang quietly dug a big hole.
When was the layout made?
There is no information outside about how much funds have been mobilized. All we see is that Chu Hang goes out to drink tea and go shopping with Miss Guan whenever he is free.
"Is it miserable?"
Qiu Tong knew without Chu Hang's explanation that he was asking about the situation of the local families who invested in palm oil: "It's very miserable. They all used their original capital to invest. Some even borrowed high-interest loans to invest. Now that the market has collapsed, they might jump off the building."
It is easy to borrow usury but difficult to repay. The local wealthy people are very gambling and will rush in as soon as they see an opportunity.
But the strength is not enough to compete with the market, and winning or losing depends entirely on luck.
If you succeed, you are the king. If you lose, you can only jump off the building.
When loan sharks borrow money from you, they treat you like an uncle, but when they ask for the money back, they don’t care whether you are rich or not.
There are gangs behind them, and even the rich will do it for you.
Chu Hang was not moved by this: "It can be even worse!"
The wealth of the local tycoons, and more importantly, their investments in real estate in Hong Kong, palm oil may make them feel distressed but it will not bankrupt them.
The property market is the key!
The key to Chu Hang's real estate market is the acquisition of the Milk Company. After taking over the Milk Company, Chu Hang has a large amount of buildable land, and they are all in good locations in the city. As long as he builds buildings, he will impact the core real estate market in minutes.
"We have already raised our placard. Li Bancheng must understand our plan and has already mobilized funds. The valuation of the milk company is soaring!" Tang Yueming handed Chu Hang a form.
Above is the recent changes in the estimated price of the dairy company. It has soared from a little over one dollar to nine dollars, a full ninefold increase.
This means that Chuhang will have to pay more costs to acquire the milk company.
"There's nothing much to say. We are under pressure, and Li Bancheng is under pressure too. Now it's just a matter of who has more money."
Chu Hang tapped his fingers and said, "Everyone is the same. It all depends on who has more stocks in the end. But he doesn't have many cards to play."
Chu Hang was relaxed. With the European funds in place, he didn't worry about his own financial problems at all.
Sanchez also brought good news that he has been in contact with the British Swire Group. The other party is very interested in selling Hong Kong Hang Seng shares as long as the price is right.
Even though Tang Yueming didn't say it, Chu Hang also knew that Li Bancheng had Hengsheng behind him and could borrow money from Hengsheng if he ran out of money.
But can Hang Seng easily get a loan?
No collateral required?
Most likely, they would ask Li Bancheng to use Hang Seng's shares as collateral. Li Bancheng could only choose one, Dairy Farm or Hang Seng's board member seat. Then Chu Hang would definitely take the other one.
He hoped that Li Bancheng would choose to retain Hang Seng's shares and give up the Dairy Company. In terms of economic benefits, Hang Seng's shares would definitely be more valuable, but for Chu Hang, acquiring the Dairy Company would have a greater social effect and lower the overall housing prices in Hong Kong.
It's such a tiny place, but the housing price is hundreds of thousands per square meter. What the hell.
Li Changsheng was not anxious at all. He was the one who was anxious before, but now it was Li Bancheng who was anxious.
Qiu Tong took out a contract and said, "Mr. Chu, since you are back, just sign it. ATV will be yours from now on, and I can use the money to eat, drink and have fun."
Chu Hang smiled and said, "Several billion, why don't you think about it?"
"Don't think about it anymore. I haven't wanted to do this for a long time. Wouldn't it be nice to use the money to eat, drink and have fun?" Qiu Tong said with a smile.
Chu Hang nodded, signed immediately, and handed it to Tang Yueming. The rest was up to Tang Yueming.
With a TV station, Chu Hang has a channel to speak out and can say whatever he wants.
However, he has no plans to adjust the TV station's staff structure for the time being because he doesn't have the people.
The current staff of ATV should be the best, but there is a preliminary idea, which is to poach people.
Instead of looking for people from Hong Kong, go to Korea or Japan. They are also part of the East Asian cultural circle. Compared with Japan, the television industry in those two places is more developed, and they can also cooperate with the mainland.
ATV should promote more things from the mainland.
Another thing is that it has to be broadcast on satellite. In damn Hong Kong, only TVB has broadcast on satellite.
Qiu Tong is very sensible. Li Changsheng is naturally not stingy. This guy is not short of money now. Why not follow Chu Hang to make money together?
"Mr. Chu, someone will definitely come looking for you to make peace. The old guy should show up soon."
If they don’t show up, they will be killed by Chu Hang. The younger generation is no match for Chu Hang at all. They didn’t even notice a pit as big as palm oil.
Chu Hang nodded. Actually, just as Qiu Tong finished speaking, someone came to look for Chu Hang. They were a few old men. Chu Hang didn't know them, but he didn't hit anyone who smiled at him.
"You are young and promising!"
After entering the villa, Chu Hang and Tang Yueming received these old gentlemen very politely. However, after listening to what the leading old man said, Chu Hang couldn't help but want to laugh.
"But aren't you afraid of unrest in Hong Kong? If you get into trouble, how will it end? I think it's better to stop now!"
The old man said.
Chu Hang looked at the old man, whose name was Yang. He was from the same generation as Mr. Huo and was also from a big local family.
Damn it, you want me to give up a bad situation with just one sentence?
who do you think You Are?
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