Hong Kong Movies: The Boss's Global Empire

The three main companies are Wheelock International Limited, Wheelock Shipping Company Limited and Cross-Harbour Tunnel Company Limited (holding 22.4% of the shares). The Cross-Harbour Tunnel Company Limited is responsible for operating the cross-harbour tunnel from Causeway Bay to Hung Hom, Kowloon.

The tunnel connects Hong Kong Island and Kowloon, with a constant flow of vehicles every day.

According to the statistics,

There are as many as 10 vehicles passing through here every day. According to the current charging standards,

The price of a motorcycle/motor tricycle is 4 yuan.

The fare for public and private double-decker buses is 15 yuan.

All other items will be charged 10 yuan.

The Undersea Tunnel Company Limited receives nearly one million in tolls every day.

This business is also an important source of cash for Wheelock.

Lu Wendong looked at the time.

This franchise only has fifteen years left.

If you use the shares of the Undersea Tunnel Company Limited as collateral, you can get a lot of money.

And banks also like this kind of business.

The second type of business of Wheelock is real estate business.

The main ones are Real Estate Investment Trust Co., Ltd., Federal Realty Co., Ltd., Harriman Development Co., Ltd., and Carver Federal Realty Co., Ltd.

The most important of these is the Real Estate Trust Company Limited.

The company holds the best land and properties.

For example, it controls the International Building and Federal Building in the central business district of Hong Kong Island, as well as several residential buildings. It has also purchased land on Perth Street in Kowloon and in the Peak and Mid-Levels areas of Hong Kong Island to build more than a dozen mid- to upper-class residential buildings.

Next,

Lu Wendong will focus on developing the resources the company has. Wheelock's third business is insurance and securities investment.

The main companies are United Enterprises Limited, Wheelock Insurance Company Limited, and Scotiabank Investments Limited. Scotiabank Investments is one of the only three companies in Hong Kong that has the exclusive right to purchase gold.

The fourth category of Wheelock's business is department store trading.

The main ones are Lane Crawford Ltd., Jade Source Ltd. and Lane Crawford Antiques Ltd. Among them, Lane Crawford is the most famous department store in Hong Kong.

Wheelock's fifth business category is computer and machinery manufacturing.

These include Standard Chartered Computers Ltd., Wheelock Semiconductor Ltd., Cosmos Machine Ltd., and Pai Lok Industries Ltd. In addition to Hong Kong business,

Wheelock has businesses and companies in the UK, Japan, Australia, Southeast Asia and other places, but they are not the group's core businesses.

The current market value of Wheelock is 152 billion.

Higher than Cheung Kong, lower than Jardines.

Originally, its market value should have been higher, but unfortunately the Madden family made it easier to escape.

It has been selling off assets and adding them to its shipping business, which has dragged down the market value of the entire group.

Now Lu Wendong takes over,

The first thing it did was to reduce its shipping business and transfer the ships under the shipping company's name.

Then it started to vigorously develop real estate! Wheelock Holdings has a lot of high-quality land,

Previously, the Madden family did not want to develop but only wanted to sell the land.

Therefore, it is difficult to truly realize the actual value of these lands. Lu Wendong estimated that

The land reserves held by Defeng alone are enough for them to develop for 5 years.

The property value will definitely not be less than 600 billion. Moreover,

These past few years have been the time when Hong Kong Island’s real estate began to take off, so its actual value is even greater.

"Mr. Luo."

Lu Wendong quickly read through Wheelock's financial reports, which were accurate and well-organized.

He was quite satisfied: "Next, we need to list the affiliated companies that have business dealings with this group." The so-called affiliated companies are generally established by the senior management or backbone of the core departments of the group.

The main purpose of the company is to help these people make money. For example,

For example, what does Wheelock have to buy?

At this time, a trading company founded by a senior executive will come to bid. They know the company inside and out.

The bidding contract will naturally be perfect and will naturally be the easiest to bid on.

After a successful bid,

The company then subcontracts the work to a regular, reasonably priced trading company on the market.

This phenomenon is very common, not to mention large group companies,

This is common even in small companies. Can it be avoided?

cannot…

Unless Lu Wendong's assassins can grow into professionals in related fields,

He has to accept that this will happen.

This does not mean that Lu Wendong cannot make changes. For example,

He can choose to let people who surrender to him take control of such a company.

These people have to pay tribute.

A large group company is a small kingdom.

Lu Wendong, who holds the largest share, is the king of this kingdom.

The executives and shareholders are the civil and military officials of this kingdom. They both cooperate and struggle.

Since we make money together,

We have to be wary of these guys hollowing out the group. "Understood."

Luo Deyong said in his heart,

It turns out the boss knows everything, how amazing.

Lu Wendong then looked through the relevant financial reports of the Grand Hotel Group.

The group's most commendable asset is the Peninsula Hotel, of course,

Other than that,

The big hotel groups also hold some pretty good assets. For example,

St. John's Building, Island Hotel (Pedder Street), Peak Tram, Peak Tramways Limited, Peak Tower, Repulse Bay, The Repulse Bay, Kowloon Hotel, etc. In addition to properties in Hong Kong,

The Grand Hotel Group also has several high-quality hotels overseas. For example, the Peninsula Manila Hotel in the Philippines.

The hotel is owned by the Manila Group, Grand Hotels, Swire and Wharf, while Grand Hotels is responsible for its operation.

In Singapore,

Grand Hotels also operates Marco Polo Hotels and Aon Hotels. Its current market capitalization is $70 billion.

Actually,

The group's market value is far more than that. Lu Wendong pondered,

These financial reports are interesting.

For example, the major hotel groups have close ties with American capital, such as

The Grand Hotel Group had also invested in Hong Kong's public utilities together with Standard Oil, which made Hong Kong's financial groups quite dissatisfied.

It’s normal actually.

Because the Kadoorie family behind the big hotel group is the Judah family. And what about Wheelock?

It has a very good relationship with Hutchison and HSBC consortium.

But the relationship with the Jardine Matheson Group was quite hostile. Lu Wendong thought,

There is an opportunity here. He did not look at the information of Chinese Estates.

And Huang Shitong is here,

Mr. Lu was well aware of the situation at Chinese Estates. "Mr. Luo."

Lu Wendong pondered for a moment before saying, "I plan to disband and reorganize the security departments of Wheelock and the Grand Hotel." "At that time, all security operations for these two groups will be handled by Donghuang Security."

This is the designated business!

It also allows Lu Wendong to use external companies to observe and control the group. Ding!

Tip: The host has been detected restructuring the security departments of Wheelock and Grand Hotel to open up the field to raise troops and recruit 1000 death squads.

Lu Wendong raised his eyebrows slightly, it was indeed true.

Just like restructuring factory security,

During the reorganization of Wheelock and Grand Hotel, the system was also opened up to maintain troops on the spot.

Three fires when the new official took office,

Rodyon was not surprised by this, and what's more,

The boss also asked me to take stock of the relevant supply companies, saying that he was going to take action against them...

It is normal to lay off security guards now.

Anyway,

They are all connected people. "I understand.

Lu Wendong followed up, "I will also appoint you as Wheelock's non-executive director and chief financial officer." Luo Deyong was startled. "Thank you, boss."

he thought,

I have to work overtime every day this time.

Lu Wendong closed the financial report and said,

Putting the three listed companies, Wheelock, Grand Hotels and Chinese Estates, together, Mr. Lu controls companies with a market value of over 200 billion.

In terms of market value,

He has already surpassed Shark Dan Tung, who owns New World Development and Chow Tai Fook, and will soon be ranked among the top ten tycoons in Hong Kong!

In Hong Kong

He is a well-deserved wealthy family! Of course,

This is just numbers.

Lu Wendong's rise was too fast, and his connections in all aspects could not keep up.

He also needs to show his business talent.

To prove that he is capable of leading listed companies such as Wheelock and Grand Hotel Group.

Only then can Lu Wendong's status be truly recognized by all parties. Bobo delivered the takeaway.

Very simple,

It's nothing more than steak, rice, and milk tea.

Lu Wendong needs carbohydrates, protein and calories, otherwise it will be difficult to support his high-intensity work every day.

"Mr. Luo."

"Please pay attention to the real estate auctions after the New Year."

Lu Wendong said, "Now that the economy is picking up again, Hong Kong people's enthusiasm for buying property has risen again. I have a feeling that when the time comes, there will be a fierce competition." This requires Luo Deyong to do a good job of collecting relevant financial information.

Then provide food reserves. "Understood.

Luo Deyong saw that Lu Wendong seemed to be planning to adjust the main business of several companies to real estate. He was very familiar with this.

and,

In Hong Kong,

Given the current political and economic conditions,

Only real estate can bring the greatest returns. "And."

Lawrence Lu followed word by word: “Boss Luo, I need you to make a plan.”

"After the new year, I plan to bring together Wheelock, Tsim Sha Tsui and Chinese Estates Holdings to launch a rights issue." Luo Deyong was not surprised by the rights issue plan.

Now that the company is listed,

Then we must raise funds from the market.

Like Chinese Estates,

Its fate was to be snipe and acquired by Lu Wendong. However,

Luo Deyong saw that Lawrence Lu seemed to have a big appetite. After all,

He remembered that Chinese Estates had already offered shares once.

To this end, we are already in talks to acquire buildings such as Admiralty Building, Causeway Bay Luxury Centre, and Elizabeth Building.

He asked cautiously, "Boss, with the three companies working together, how much are you going to issue?" "100 billion!"

Lu Wendong said a thrilling number. Luo Deyong was shocked.

He looked up suddenly: "100 billion?" "Yes, 100 billion."

Lu Wendong repeated: "It will definitely not be less than 100 billion." The company's market value is related to its business policies, direction, and status.

It is also related to the total economic volume.

For example, in the 70s,

For example, the market value of Wheelock was only a few billion. By the 80s,

It can expand to tens of billions.