Unlimited roaming of all heavens movies
Chapter 104: Digging a Trap to Bury Jardine Matheson
Facing the two people who were looking at Li Shaoan with confusion.
Newbijian said:
"Mr. Li, we hope to reach a consensus with your supermarket and stop engaging in price wars."
Only then did Li Shaoan understand why they came to find him.
It turns out that I came here for Wellcome Supermarket.
this year.
Li Shaoan’s supermarket can purchase large quantities of cheap daily necessities from the north.
So the pressure on Jardine Matheson's Wellcome supermarket is almost suffocating.
Wellcome is the cash cow of Jardine Matheson Group. It has been suppressed for a whole year, and Jardine Matheson is of course extremely uncomfortable.
I can hardly hold on any longer.
Of course Li Shaoan was unwilling to give up.
We have been suppressing Wellcome for a year, and now it seems that it is on the verge of collapse. How can we give up so easily?
So he laughed and said:
“This is completely normal business behavior.
I buy in at a low price and sell out at a low price. It's very reasonable.
I believe you all know that I never take care of these business matters, they are all taken care of by my subordinates. "
This reason is absolutely impeccable. After all, he can get the goods at low prices, which is his ability.
And the management talents under him.
Speaking of this, Murray MacLehose, Newbigin and others all admired his ability to control his subordinates.
Everyone is doing their best to help him, and there is basically no one who is trying to be dishonest.
And it’s not particularly difficult to win them over; it can be said that it’s impossible to win them over at all.
They are all loyal to Li Shaoan.
Niu Bijian certainly knew that Li Shaoan would never give up.
After all, we have been suppressing it for a year and are about to get results.
Newbyjian said:
"Mr. Li, if I sell Wellcome and Mannings Pharmacy to you, would you like it?"
This is his real purpose.
Since it can't be saved, it's better to stop the loss in time.
Li Shaoan heard this and said with a smile:
"Of course no problem, just name your price."
"One hundred million Hong Kong dollars, in cash, and as soon as possible."
Li Shaoan was a little surprised. He didn't expect them to be so greedy. Twenty-three Wellcome supermarkets plus Mannings are not worth this price now.
Newby added:
“Plus the property title.”
This is about right. There are 23 Wellcome supermarkets, and basically each of them is about 1,000 square meters, and the larger ones are more than 3,000 square meters.
This price is not high, and it is even a 5% discount.
Wait until the mid to late eighties.
The land for a supermarket of any size of 1,000 square meters costs more than 100 million Hong Kong dollars.
Since they were willing to sell at a high price, Li Shaoan was of course happy to take over.
In this way, all supermarkets in Hong Kong will be monopolized.
Basically, he has taken over nearly 90% of the daily necessities market for Hong Kong citizens.
The rest are some small individual supermarkets.
He stood up and shook hands with Newbigin and Henry Keswick.
"make a deal."
Li Shaoan knew without hesitation what they wanted to do with the money as soon as possible.
After all, the stock market is so hot now.
Even the auntie who sweeps the streets goes in to try her hand, let alone them.
Of course, he was more than happy to see Jardine Matheson's suicidal behavior.
Wait until the stock market crash in 73.
At that time, not to mention Wharf Holdings, even the Hong Kong Land Development could be swallowed up in one gulp.
For the Hong Kong Land Development, a major landlord in Central.
Li Shaoan was full of interest and just wanted to get it.
It can be said that the commercial real estate industry in Hong Kong accounts for more than 50%.
After all, it has large tracts of land in the bustling centers of various districts in Hong Kong.
He can be said to be the true land king of Hong Kong.
The four major families in the future plus Pao Yue-kong's Harbour City will not be able to surpass Jardine Land.
After leaving Wellcome Supermarket and Mannings Pharmacy, Newbyjian also smiled.
So he smiled and said:
"Mr. Li, we no longer have any business conflicts. I hope we can live in peace in the next few years."
Li Shaoan needed two years to digest all the food he ate.
And we had to wait until after the stock market crash in 73 before any major action was taken, so of course it didn’t matter.
Also said with a smile:
"no problem."
There are so many good things about Jardine Matheson.
Kinmen Construction alone is currently the number one infrastructure company in Hong Kong.
He wants all these, but he can't be impatient and has to take it slow.
Since we know that they have invested a lot of money in the stock market.
Li Shaoan even smiled maliciously:
“I believe you all know that I have too much savings in HSBC and I don’t know how to spend it.
If Jardine Matheson needs it, I can lend you 200 million US dollars."
The current exchange rate of Hong Kong dollar to US dollar is 5.56 to 1.
Two hundred million US dollars is more than 1.1 billion Hong Kong dollars.
Of course, Jardine Matheson wanted this money.
The stock market is so hot right now. If you just invest in it, I believe the 200 million U.S. dollars will double in less than a year.
Although I know Li Shaoan has bad intentions.
But after exchanging glances with Henry Keswick, Newbijian decided to take it.
Henry Keswick is the major shareholder behind Jardine Matheson.
So this time he asked:
"I wonder what conditions and interest rates Mr. Li needs to lend us 200 million U.S. dollars?"
Since Li Shaoan has big plans, he certainly won't be stingy.
Smiled:
“HSBC’s current commercial lending rate is 12%, and I only need 8%.
But I ask you to use Jardine Matheson shares as collateral."
The entire Jardine Matheson Group currently has a market value of only around HK$5 billion.
Two hundred million U.S. dollars, at least 20% of the shares must be mortgaged.
In fact, Li Shaoan only wanted Wharf Holdings, Hong Kong Land Development, Gammon Construction and Jardine Matheson Insurance Company.
But he couldn't be so obvious, otherwise he would be telling Newbijian and the others.
When Newbyjian and Henry Keswick heard this, they already clearly understood Li Shaoan's thoughts.
So they said goodbye and found a room to discuss things secretly.
Still decided to accept the $200 million commercial loan.
They are confident that they can pay it back.
Although I don't dare to cheat on Li Shaoan, but if the deadline comes.
They believed that with Jardine Matheson's strength, they could still borrow from other banks.
In that case, why not accept it?
So in less than ten minutes, Newbyjian and Henry Keswick came over with smiles on their faces.
He shook hands with Li Shaoan and said with a smile:
“Then we would like to thank Mr. Li for the 200 million U.S. dollars.
With this money, we at Jardine Matheson can expand rapidly.”
Li Shaoan laughed in his heart.
The reason why ghosts are expanding so rapidly is that they are thinking of investing the money in the stock market.
Even if you don't invest in the stock market, as long as you save the money and don't touch it.
Hehe, when the stock market crash comes, everyone will be in trouble.
At that time, even HSBC suffered heavy losses, and it is unknown how many billions of non-performing assets it had added.
Many other small banks went bankrupt.
By that time, which bank will have money to lend you and dare to lend you?
If you can’t pay it back, just cut your losses.
The happier you laugh now, the more sad you will cry later.
"I will instruct Fang Jinxin to prepare the funds. You can discuss the specific terms with him."
Niu Bijian and Henry smiled, picked up the red wine glasses and were about to clink glasses with Li Shaoan.
laughed:
"Pleasant to work with."
"Pleasant to work with."
As MacLehose drank his red wine, he felt that Jardine Matheson would soon be in trouble.
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