Year: I had a good time when I was young

Chapter 1031 1029 Buying and Selling at the Same Time
In order to get Chu Xiangqian to return to China to invest, the higher-ups thought about sending someone from the Xue family to Hong Kong Island to find Chu Xiangqian in person.

It’s just that my brother-in-law Xue Jianrong is now considered a senior commander.

It is even more difficult for my second uncle Xue Jianguo to appear in Hong Kong Island given his identity.

So they simply asked Xue Jinglan's elder sister-in-law Chai Yingqiu and second sister-in-law Song Xiaoqing to bring the five brothers Xue Zhigang, Xue Zhiqiang, Xue Zhirui, Xue Zhirui and Xue Zhikai to travel to Hong Kong Island.

The oldest, Xue Zhigang, is only 13 years old, and the youngest, Xue Zhikai, is only 3 years old.

It really looks like visiting relatives.

As soon as Chu Xiangqian received the call, he knew that traveling was just a cover, because the total amount of his huge investment was about to exceed 10 billion US dollars.

But not a penny was invested in China, and the bosses above and in Beijing were getting anxious.

He was afraid that Chu Xiangqian was not optimistic about the future prospects of the Celestial Empire, and he was also worried that the funds he had would run out.

Maybe the bigwigs in Shanghai and Guangdong are all trying to get in touch with a rich man like me.

Sure enough, after picking up my two sisters-in-law and five boys at the airport.

The eldest sister-in-law said directly, "Xiang Qian, Grandpa said that if you are free, you should go back to the capital as soon as possible.

He also asked you, he wants to take Jingrong to attend the military parade in October, do you agree as a father? "

Chu Xiangqian rolled his eyes after hearing this.

However, fortunately, I was not asked whether I wanted to go to the ceremony, otherwise it would be difficult for me to choose.

As for letting Jingrong go, firstly, this kid is the grandson of the Xue family.

Secondly, he is the eldest son of the Chu family and represents the future of the Chu family.

As for whether Meiguo and Yingguo would think too much about it.

It was the early 80s, and polar bears were the biggest rival.

Although China and the Western world are not trustworthy, cooperation and confrontation coexist, and the frequency and scale of cooperation are indeed increasing.

It is no longer necessary to be extremely cautious when investing in China as in the past.

After thinking about it, Chu Xiangqian not only agreed to let Jingrong accompany his great-grandfather to attend the military parade.

After returning home, he asked his master and his wife to bring Jingshun, Jingfu, Jinglin, Jingwen, Jingwu, and Jing Yuquan to participate.

However, he and Xue Jinglan continued to stay in Hong Kong Island.

The master and others, as well as Xue Jinglan, Chai Yingqiu, and Song Xiaoqing knew what this guy was thinking as soon as they heard it.

As long as he and his first wife do not attend, there will be no reaction from Meiguo Lao and Yingguo.

But his children at home also participated, and the people in the Celestial Empire could understand his concerns.

Chu Xiangqian then called Zheng Yutong, Ye Xiaoli and He Chaosheng.

The plan was to have them enter China in the name of Chow Tai Fook, Mingda Real Estate and Great Wall Hotel, with each company investing 1 million Hong Kong dollars.

First build three five-star hotels in Beijing, Shanghai and Guangzhou.

If Zheng Yutong and others hesitated, Chu Xiangqian also planned to do it himself.

Then, part of the business of the garment factory, toy factory and wood factory was separated and placed in the factory built in Nanyue for production.

There is also an electronics mall, and shopping malls will be built in the three largest cities in the future.

If possible, Chu Xiangqian would like to form joint ventures with mainland motorcycle, TV, refrigerator and air-conditioning factories to establish new companies and build new factories.

These products will not only be sold in the mainland.

They are also exported to the electrical appliance city in Hong Kong Island, and over the years, the electrical appliance city has actually been selling electrical appliances produced in the mainland.

It can be said that a good relationship has been established between the two sides long ago.

As long as the higher-ups agree, these mainland companies will respond positively.

The purpose, of course, is to earn more foreign exchange.

As for investing in these companies, Chu Xiangqian refused to do so.

As a latercomer, Chu Xiangqian knew only too well how big the trouble was.

However, Chu Xiangqian estimated that once these plans reached the ears of the higher-ups, it would be difficult to actually start without a year or two of discussion.

Therefore, even if we start to enter China in the 1990s, it is not too late.

Even from the perspective of return rate, that was the best time to enter the market.

But if you enter the market at that time, many hidden benefits will be lost.

However, Chu Xiangqian still didn't pay much attention to current affairs in the mainland.

In fact, in April of this year, that is, April 4, China already had foreign capital building factories.

A few months later, Zhengda and Meiguo's Kangdi also entered the Chinese mainland.

At the beginning, they discussed a joint venture, but in the end they agreed to allow foreign investors to own the company and establish CP Group.

As long as Chu Xiangqian is really willing to invest in the mainland, he will not only have a high probability of obtaining a wholly-owned license, but he may also be able to obtain a foreign investment certificate with V number 002.

As for 001, it is already decent.

So less than a month after the higher-ups discussed the issue, Chu Xiangqian received a call from his father-in-law.

As long as he comes to the mainland to invest, it can be a joint venture or a sole proprietorship.

Even in the motorcycle and home appliance industries, joint ventures to establish new companies and build new factories are possible, as long as the cooperation model is not under the jurisdiction of the original enterprises.

Of course, this kind of joint venture still has many conditions and restrictions.

One of them is that 7% of the motorcycles and electrical products produced by new companies and factories are required to be exported.

In Chu Xiangqian's view, it was no big deal at all.

It’s not easy to sell in Europe and the United States, but it’s definitely easy to sell in Southeast Asia due to the cost advantage.

We can even sell it to Africa in the future.

Although Africa is poor, its purchasing power is actually no worse than that of China in the 1970s and 1980s.

The population base is there, and although the rich are a minority, their real purchasing power is not small.

Decades later, China is home to many mobile phone and electrical appliance companies that are making a fortune in Africa.

A mobile phone manufacturer that has no competitiveness in China makes huge profits in Africa every year by relying on low prices and special strategies.

When Chu Xiangqian heard the news, he was stunned for seven or eight seconds before his heart beat faster with excitement. Without thinking, he promised his father-in-law on the phone.

"Dad, I promise to invest at least HK$10 billion in the mainland within three years."

When Xue Xiaomin in the capital heard this, his breathing quickened as well, and his hand holding the microphone trembled a few times with excitement.

For an old hand like him, there are very few things that can excite him.

But an investment of HK$10 billion is definitely the largest investment in this era.

Once Chu Xiangqian really fulfills his promise, it will be of great help to his future.

The next day, Oriental Press Group took the initiative to report the incident in newspapers and magazines.

It is said that the Chu family has decided to invest in clothing, toy and wood factories in Nanyue in the next three years.

It is estimated that the total investment in these three factories will exceed HK$1 million.

At the same time, Great Wall Hotel will also invest in three five-star super luxury hotels in Beijing, Shanghai and Guangzhou, and the investment amount is expected to be no less than 3 million Hong Kong dollars.

The construction party is Mingda Real Estate.

However, during construction, projects such as infrastructure will also cooperate with mainland companies.

In the previous life, the White Swan Hotel invested 1.8 million yuan, but that was because the construction was too difficult, the construction time was too long, and the exchange rate continued to rise. Chu Xiangqian would not choose to build a high-rise building by the river.

In his eyes, instead of spending so much money and time on laying the foundation, it would be better to choose the city center.

Build the hotel as big as possible.

Even though infrastructure construction will take several years, the construction cost will still increase due to exchange rate reasons.

The future returns will be enough for him to spend 500 million to 600 million to build these three hotels.

Moreover, Chu Xiangqian really is not short of money. He hasn't made any large-scale investments in more than ten years, and the cash on hand is enough for him to spend lavishly.

The money from horse sales alone is at least $100 million each year.

It can be said that in this era, few people have more cash in their hands than he does.

A magazine from Meiguo said that Chu Xiangqian's net worth was 35 billion and his family's wealth exceeded 60 billion.

In fact, the editors of these magazines are completely unaware of many of Chu Xiangqian’s industries.

In terms of cash alone, Chu Xiangqian has at least 2 billion in his hands.

Together with the 130 tons of gold stored in Standard Chartered, based on this year's international gold price, it is worth US$27.5 billion.

Moreover, the shipping business and the sale of ships that Chu Xiangqian had discussed with the Neon forces last time have already made some progress.

As long as the deal is successful, Chu Xiangqian estimates that he will get no less than 10 or 20 billion US dollars just from selling the ships involved in these businesses.

If he was willing to sell the international shipping business as a whole, he would not do so without 40 or 50 billion.

Neon's economy took off in the 1970s and 1980s thanks to its large-scale exports.

While exporting, a large amount of raw materials needs to be imported.

Therefore, sea transportation is the main artery for Japan.

In June 63, Universal International Shipping Company received a $6 million investment from Philips and obtained a 500% stake.

There is also Norton's $500 million, also starting at 2.5%.

This company, which had only been established for less than half a year, was valued at US$63 million in 2.

Of course, Chu Xiangqian himself knew at that time that the company's valuation was seriously overestimated.

But if the valuation is not discussed, Chu Xiangqian is not willing to give Philips and Norton 5% of the shares.

Eighteen years later, the shipping company now owns 350 ships with a capacity of more than million tons.

Chu Xiangqian relies on this and is truly a world-class shipping king.

If Chu Xiangqian had not hidden his shares in the shipping company in various offshore registered companies and several funds when the shipping company was established,

On the surface, his shares in this shipping company are only 17%, so his and his family's apparent assets must have exceeded billion US dollars.

But just this 17% has already made him worth $12 billion more through his shares in this company.

However, by now, the shipping company's business and expansion speed have indeed reached their limits.

And the assets used by shipping companies are what will be truly valuable in the future.

Instead, it is not the ships running on the sea, but the large amount of land on the port island and the dock.

Even in the 1980s, Chai Wan was still quite remote.

But the land price is actually not cheap because of the numerous factories and warehouses.

It will be more expensive in the future.

As for the land at Sheung Wan Pier, it is even more expensive.

Once these lands are developed, the market value of the shipping company will definitely increase by 50% to 60%, or even more than double.

In other words, the valuation of shipping companies is actually seriously underestimated.

Just like Hutchison Whampoa, do you really think Mr. Bao is stupid and has a lot of money?

They saw that shipping would go downhill, so they abandoned their ships and went ashore, spending a lot of money on purchasing land.

Around 85, Mr. Bao's net worth exceeded 400 billion Hong Kong dollars, while the public share of Li at that time was actually only a few billion US dollars.

Last year, Mr. Bao's net worth was actually only around US$10 billion.

Chu Xiangqian only needed to copy it, and within a few years, relying on the land and numerous properties in Hong Kong Island, his net worth could double or triple.

Therefore, if Chu Xiangqian doesn't sell it now, in a few years, not only will the shipping company suffer losses, but the price will also not be good enough.

After announcing the investment in the mainland, Chu Xiangqian directly handed over all matters related to the inspection and negotiation in the mainland to Xue Jinglan.

He appeared in Los Angeles, attending the internal preview of the first Indiana Jones film held by Universal.

By the way, we also received a Japanese delegation that was invited to discuss the transfer of shipping business and the package sale of ships.

However, the Japanese are actually more interested in acquiring the Big Eight in Hollywood, as Chu Xiangqian mentioned before.

Chu Xiangqian initially planned to use Columbia to cheat the Japanese, or at worst MGM would be fine.

The only difference is that in the 1970s, the film industry was at a low ebb.

In the mid-to-late 1970s and early 1980s, due to economic growth and withdrawal from the Vietnam-Nan battlefield.

Throughout the 1970s, a decadent, decadent and confused generation entered middle age and withdrew from the mainstream group.

And there is a certain amount of self-reflection.

The demand for entertainment among women has also begun to shift more towards sports games, movies, TV series and gambling.

At this time, Columbia and MGM also changed their past trend of only making three or four films a year.

In recent years, thanks to movies, I have not only made more money, but also had more filming projects.

Plus, the current owner of MGM is a big shot in Las Vegas.

They don't actually make money from movies, but use MGM's influence to attract more tourists to their hotels in Las Vegas.

As for Colombia, Chu Xiangqian actually couldn't intervene.

Moreover, as early as 68, Sony had already established Sony-Columbia Records in a joint venture with Columbia Broadcasting.

After so many years of cooperation, Sony has already made a lot of money from the record business, both domestic and foreign.

Even if Chu Xiangqian hadn't mentioned it, Sony might have already been eyeing the shares of the joint venture, or even Meiguo's Columbia Records.

So at this time I wanted to buy Columbia Pictures and MGM.

Chu Xiangqian can't intervene, and the Japanese and Colombians will not let him intervene.

The other one, as a Las Vegas tycoon, won’t even talk to you.

It was only a few years later that Columbia Pictures saw its investment increase and its failures continue.

Only when you are about to go bankrupt will you talk to investors.

Fortunately, as one of the eight major Hollywood studios, United Artists had no big company to back it up and was indeed on the verge of bankruptcy at that time.

The Japanese, whose interest had been aroused by Chu Xiangqian in advance, were more concerned about the developments in Hollywood than he was.

Upon hearing that MGM was interested in acquiring United Artists, he received an invitation from Chu Xiangqian to come to MGM to discuss shipping business.

A negotiation team of more than 20 people was immediately formed, and they boarded Chu Xiangqian's private plane and flew directly to Los Angeles.

And I heard that the leader of the negotiation team is a major shareholder of Sony.

Chu Xiangqian suddenly felt that his plan to cheat the Japanese could be implemented again.

(End of this chapter)