Hong Kong Movies: The Boss's Global Empire

Lu Wendong took the initiative to pour wine for the three of them: "Mr. Ma, thank you for your hard work." After drinking the wine,

Lu Wendong then said: "Hong Kong Electric's core business is electric lighting, but it is mixed with too many other businesses." This is an old problem of Hong Kong companies.

It's easy for a company to go astray as time goes by.

Some of them just ran away and disappeared, while others made mistakes.

Let's take another department store group in Hong Kong, Wing On Group, whose main business is Wing On Department Store.

As a result, the company started to engage in banking, real estate and other businesses. Later on,

The bank has become a lifeline for the Wing On Group... and other companies are similar...

Take Hong Kong Electric for example.

In addition to the electric lighting business,

We also started several other businesses.

"I plan to divest all non-core businesses and then restructure the company." "It'll be called Nam Sang Wai."

Lu Wendong said, "I've acquired a large piece of land in Nanshengwei for tourism, vacation and recuperation." "Mr. Ma, you will be responsible for separating non-core businesses into Nanshengwei."

"Uncle Tong, get ready for the IPO." "Mr. Luo."

Luo Deyong smiled: "I understand." The two have been working together for so long,

There is no need to explain it clearly.

"HK Electric's real estate business was sold to Chinese Estates." Lu Wendong had already planned everything.

He then said: "This way, HK Electric will return to its core business." HK Electric is used to generate electricity.

other,

Then leave it to a professional company. Before that,

Lu Wendong has carefully considered this. After this series of operations,

Chinese Estates will acquire a large amount of high-quality land from HK Electric and establish its position in the real estate industry.

At the same time,

The spun-off business can also be used to create a listed company to raise money in the market.

Having shed its burdens, HK Electric can now focus on its power business.

The 80s was a time of global development, and the power industry had great potential!

Don't say anything else,

Just say that the Dominican Republic has a bright future! Yes,

Don't think that the Dominican Republic is a sovereign state.

But its domestic electricity infrastructure is very poor... practically non-existent!

As Juan said,

The Presidential Palace doesn't even bother using our electricity; it relies entirely on diesel generators...

Even the Presidential Palace has no electricity.

You can imagine how bad the electricity supply in the Dominican Republic is.

Still in the Caribbean!

If Lu Wendong can take over all of the Dominican Republic's electricity business, his future will be limitless!

"clear."

Ma Shimin and the other two agreed in unison.

Lu Wendong smiled slightly and said, "Now that HK Electric has gotten rid of its burden, it will naturally move forward." Huang Shitong's eyes suddenly lit up.

Lu Wendong only holds 34.6% of HK Electric's shares.

Although he is the absolute majority shareholder,

Still not safe!

Lu Wendong is a steady man.

How could I allow myself to be robbed like the Kadoorie family?

We need to show our attitude to the general public." "So I'm going to decide to sell 1% of the shares."

According to the current market value of HK Electric, 10% of the shares is equivalent to 1 billion! This is the advantage of being a major shareholder. As long as you have enough money,

It can dilute the shares held by other shareholders through allotment, thereby consolidating its position as a major shareholder.

Simultaneously,

The placement must be in name only.

Of course it's about acquiring assets or investing. Is it in Lu Wendong's name?

Of course, it is to expand overseas markets!

"Boss Ma, Uncle Tong, Boss Luo, you all need to be prepared."

Lu Wendong said: "I will issue shares again next year at the latest."

"The goal will not be less than 1%." In other words,

Lu Wendong will allocate about 20% of the shares! His purpose is very simple.

It's like the big crocodile is trying to forcibly eat up the shares held by the small shrimp!

This is how the capitalist world works: the rich get richer.

It's because capital holds the power of discourse! "I understand."

Ma Shimin and the other two are very familiar with Lu Wendong's actions. For a major shareholder who has plenty of money in his hands,

Naturally, they have to use the method of forced allotment to expand their holdings. As for HK Electric,

The two share allotments will enable it to obtain sufficient funds for development.

Ma Shimin then reported: "Boss, Wheelock's debt has now returned to a controllable range. I looked at the previous report and it seems Wheelock should indeed turn to

The main type is real estate.”

There are two conditions to become a real estate developer.

Can get money,

I have land in my hands! Money is easy to talk about.

With so many banks and financing channels in Hong Kong,

As long as you have the chips, you can definitely get the money. The most troublesome thing is the land!

Why were Cheung Kong, New World and others able to break through the crowd of real estate developers and become the four major families?

Because they were abandoned by others during the stock market crash in 73,

Acquired a large amount of land at a low price! Take Cheung Kong for example,

Its land reserves have caught up with Hong Kong Land in just ten years!

With land in hand, there is no need to panic.

That’s why Cheung Kong was able to catch up and become a major real estate developer!

Why was there a wave of mergers and acquisitions of foreign companies in the 80s? Of course, it was because these foreign companies held a lot of land.

The Hong Kong foreign firms were either established in the early 20th century (like Li Wang's) or in the 20s or 30s...

At that time,

Hong Kong only has a few hundred thousand people...

These foreign companies built warehouses, dormitories, repair shops, shipyards, etc., occupying a large amount of land in good locations.

For example, Wharf Holdings, the first target of the charter king's abandonment of ship and landing, owned a large amount of land in Tsim Sha Tsui!

It is precisely because of these lands that

Only charter ship kings can successfully transform into real estate, rent collection, etc. The same is true for Wheelock.

It's engaged in shipping.

There are a large number of warehouses, docks, dormitories, etc. in this port.

Now we just need to demolish these places and build a building!

Without this prerequisite,

Why would Lu Wendong shift Wheelock's core business to real estate? "Mr. Ma, you have experience in this area. You should take charge."

Lu Wendong said: "Let me share my opinion."

Ma Shimin immediately took out his notebook and started to record. Huang Shiyi took a look.

Good guy,

This foreigner will definitely gain Mr. Lu's trust.

"The population density in Hong Kong Island, Kowloon, New Kowloon and Tsuen Wan is 2,000 people per square kilometre, while the population density in the New Territories is 792 people per square kilometre." "The Hong Kong government will inevitably have to readjust the functional zoning of Hong Kong."

"For example, Wheelock and Chinese Estates, in addition to developing Hong Kong Island, should also focus on development in the New Territories." Cheung Kong's real money-making projects are housing estates.

The transaction volume is often in the tens of billions, all in the New Territories!

Live in the New Territories,

Then going to Hong Kong Island and Kowloon for work and consumption will become the mainstream trend. Lu Wendong saw this point,

Only then would he be interested in the Dingwu Building proposed by Mr. Lu, and let Hu Zhiyong purchase the farmland and exchange it for land rights.

"The boss has a far-sighted vision."

Ma Shimin said seriously: "Indeed."

"In recent years, Hong Kong conglomerates have been striving to acquire land on the outskirts of Kowloon and in the New Territories for future development."

"With the boss as the standard-bearer, I am confident that I can lead Wheelock and HK Electric to keep pace with the boss and achieve his goals."

He has a lot of land in his hands. He is backed by the bank.

Lu Wendong held a pair of kings in his hands! When Ma Shimin left in a hurry,

Lu Wendong said to Huang Shitong: "Uncle Tong, find a company that holds a large amount of land. It is not impossible to acquire it when the time is right." Since we want to engage in real estate,

Naturally, the more land you have, the better.

There are only a few ways to get land at present.

Auction of government land, acquisition of old buildings and acquisition of land from existing commercial companies.

There are many competitors,

It may not be possible to capture it,

And the quantity is also limited.

It's nice to buy old buildings and houses.

For example, a considerable number of houses in Hong Kong Island were built in the 1950s and 1960s.

These houses are old and not very high.

Take it,

According to the regulations on floor area ratio,

At worst, the area can be rebuilt five times!

And these old houses are usually in good locations!

As long as the price is reasonable,

The benefits are also quite good.

For example, Henderson Land Development, one of the four major families, likes to buy old buildings and then demolish and rebuild them.

This method is also more cumbersome.

The most cost-effective way is to acquire commercial companies and obtain the land held by these commercial companies. Many large-scale mergers and acquisitions in Hong Kong are the purpose of Zege.

For example, the incident of Jardine Matheson drinking milk, the acquisition of Wharf Holdings by Baochuan Wang,

Li Huanggua acquires Hutchison Whampoa...

Essentially, they were attracted by the land held by these companies. Because there were not many people in Hong Kong Island at that time,

Furthermore, the Hong Kong government had set height restrictions at the time! Since it was impossible to develop upwards,

Then all we can do is develop horizontally.

The reason why so many mergers and acquisitions occurred in the 80s was that

Ultimately, it's because real estate developers need land in prime locations! Huang Shitong nodded: "No problem."

"It's just, Mr. Lu."

He asked: "We eat so much this year, right..."

Only Chen Songqing of Jianing Group,

Constant mergers and acquisitions, constant expansion.

Lu Wendong thought for a moment, his hands behind his back. "We'll research based on our goals. We'll eat what we can eat, and wait for the inedibles to digest." Huang Shitong smiled and said, "Mr. Lu still has very good teeth."

Lu Wendong laughed: "Let's play cards together some other day." "Let's go and see something interesting."

The gadget is a karaoke machine, just arrived!

Its structure is very simple.

Amplifiers, microphones, coin-operated timers, and accompaniment tapes are all in one cabinet.

Don't look at this thing as it looks simple, but from its birth to now,

It also went through a series of explorations.

For example, installing the microphone mixing function on an eight-track car stereo system...

Another example is the coin-operated 237 jukebox with song cassettes for enjoying duets with professional singers... Another example is the eight-track recording and playback device...

Through continuous research,

Karaoke is what it is today.

Not many people can accept it because it is difficult to use... At present,

Most people still call it unaccompanied... Many people would rather pay for a pianist to accompany them.

Then sing by yourself.

Huang Shitong looked at the little gadget in front of him with some curiosity: "Mr. Lu, what is this?" "Karaoke machine."