We are all reborn, who wants to be the richest man?

Chapter 100 Harvest Season

In December, the Hong Kong government finally discovered the problems mentioned by Luo Nianzhong after conducting in-depth investigations into light industrial enterprises.

Although the current situation is not very serious, the profits of enterprises have dropped visibly, and preparations must be made for a rainy day.

Through this investigation, the Hong Kong government discovered that a group of business owners have become interested in rabbits.

Especially the cheap labor there makes these business owners who want to move their factories there eager to try.

What is lacking now is just an opportunity, or a forerunner.

Hong Kong Governor MacLehose invited Luo Nianzhong to visit the Hong Kong government three times within a week. In addition to learning about the current situation and difficulties of Far East Group, he also learned about the development and prospects of semiconductor, computer and other industries.

On December 12, the Hong Kong government issued the "Strengthening Subsidy Policy for Semiconductors and High-tech Technologies."

This policy, which was originally unknown in history and was later known as the Far East Recommendation in the world, aroused discussion as soon as it was released.

It is mentioned in it that the taxes of semiconductor and high-tech companies will be exempted and halved, and the land of such companies will be subject to a low-price policy (the land area is linked to revenue).

In order to prevent real estate developers from taking the opportunity to speculate on land, the land of such enterprises can only be used by themselves, and commercial use requires huge land exchange fees.

Hong Kong Polytechnic was upgraded to Hong Kong Polytechnic University to enhance teaching staff and cultivate science talents.

The Hong Kong government and Far East Land jointly developed a technology startup park in Shatin District, north of the Far East headquarters, and rented it to semiconductor and high-tech startup companies at low prices.

This area was also chosen for the construction of a new Shatin town. It is hoped that more people will move here through this science and technology innovation park.

This series of policies can be said to have shocked the entire Southeast Asia, and soon some thoughtful turtles and relevant people from other countries came to consult.

In addition to these reforms, Luo Nianzhong also made a gentleman's agreement with MacLehose.

Luo Nianzhong promised that the Far East Group would not be involved in tax haven countries. The Hong Kong government promised that all the taxes collected by the Far East Group would be used for land reclamation. 7% of the land obtained would be auctioned and 3% would be owned by the Far East Group.

As for the specific reclamation location, it is up to both parties to negotiate together. Isn’t the land on Hong Kong Island scarce? Taking advantage of the fact that there are not so many environmental protection organizations at this time, let’s expand the land area first.

This agreement is acceptable to both parties.

According to normal policies, a company carries out reclamation and land reclamation, and the company bears all costs, and the land received fluctuates between 50 and 50.

Luo Nianzhong could accept it because he didn't spend a penny. As for the extra tax revenue, he felt that Hong Kong Island could develop better, and the people who would benefit the most were not the British and the Hong Kong government, but him and Rabbit.

The Hong Kong government can also accept that although it uses their tax money, if Far East Group, like other companies, takes its registered address to a tax haven, they will lose a lot of tax revenue.

Although Hong Kong Island’s taxes are not high, there are now a lot of policies to support this type of industry.

However, the Hong Kong government is overjoyed when thinking about Far East Group's huge revenue capabilities.

Ten days later, on Christmas Eve, due to the toughness and public relations of the Fuji Foundation, and Luo Nianzhong "leaking the situation of RYPC-10 to the Fuji Foundation" through Hitachi, the Fuji Foundation and the Japanese government were close to death.

In the end, the island country's government made concessions, and the Far East Group finally signed contracts with five companies of the Fuji Consortium.

The specific signing details are as follows.

Far East Group invested US$14 billion to acquire 24% of Nissan's shares and became its major shareholder.

Far East Group invested US$16 billion to acquire 28.5% of Hitachi's equity and became its major shareholder.

Far East Group invested US$8 million to acquire 26.7% of Canon's shares and became its major shareholder.

Far East Group invested US$5.5 million to acquire 24.5% of Marubeni's shares and became its major shareholder.

Far East Group invested US$4.7 million to acquire 22.3% of Fuji TV's shares and became its major shareholder.

Because it is a TV station, it also has the largest premium among the companies that cooperated this time.

The Far East Group’s total investment this time was US$48.2 billion, plus Ajinomoto’s US$7.1 million, for a total cost of US$55.3 billion.

Even though it cost a lot of money, Luo Nianzhong knew that this was definitely a great deal.

Luo Nianzhong ignored the concerns of the Fuji Consortium.

The Fuji Group reduced the shareholding proportions of each company on the grounds that the government intervened and these companies could not become foreign companies. Luo Nianzhong knew all about this.

Although the Far East Group is nominally the major shareholder of these companies, privately, the combined shares of these families and Fuji Bank are 5% to 10% more than the shares of the Far East Group.

As long as he is wary of the stock price, it will be difficult for Luo Nianzhong to attract more shares in the stock market.

Not to mention that Luo Nianzhong does not have this intention, even with him it is difficult to do it. It is no problem to acquire about 1% to 2% of the stock. If he wants to acquire more, it is basically impossible to hide it from the people who dominate the island country's financial industry. Fuji Foundation.

In other words, if Luo Nianzhong can lead everyone to make a fortune, then of course it is good for you and me and good for everyone.

If not, Far East Group will not only be sidelined, but may even be kicked out.

Don't think that they can't do it. If they really do it at all costs, they can still do it with the cooperation of the island country's officials.

For example, if the policy is formulated so that foreign capital cannot account for more than 20% or even less of the stocks of enterprises in accordance with the relevant regulations of the country, the Far East Group can only choose to sell the stocks in its hands.

However, it is not a last resort, and the government of island countries will basically not do so. This will seriously damage the investment environment of the country and the credibility of the government.

After all, they are not a beautiful country. They don't have a father to look after them, and they can deceive others as much as they want.

In addition to the shareholding ratio being less than their combined total, there is another point that shows that Far East Group cannot fully control the companies it acquires, and that is the board of directors.

In addition to Ajinomoto's absolute control, the Far East Group holds basically 20% of the board seats of several other companies.

It is Canon, which holds 36.7% of the shares, and the Far East Group only occupies three of its 13 board seats. Luo Nianzhong didn't say anything about this. Making money is secondary to investing in these companies. The main purpose is to find an entry point into the island country's economy in order to control its own economy in the future.

Like South Korea, the island nation's businesses are now xenophobic.

Luo Nianzhong occupies the best position first. When the disappearing twenty years come, he will run faster than everyone else.

The final result is just like the beautiful country controlling the South Korean economy and becoming one of the island country's largest chaebols.

In addition to these gains, Luo Nianzhong also paid a lot.

The first is the ten-year loan term for Far East Group to borrow US$100 billion from Fuji Bank with normal interest.

The Fuji Foundation needs someone to help it consume such a large amount of debt. Now that the global economy is basically in a downward trend, is there any better customer than the Far East Group?

With this loan of US$100 billion, it can be said that Fuji Bank's lending tasks for the next three to five years have been completed.

Then there is the newly established Honor Computer Company. Luo Nianzhong promised to let the Fuji Foundation get no less than 15% of the shares, but not now.

The valuations of Honor Computer Company between the two parties were too different, so Luo Nianzhong proposed this plan to be discussed after one year.

Luo Nianzhong was given time, and the proportion of Fujifilm Group's capital-injectable shares increased from 10% to 15%.

Then there is Honor Audio-Visual. Luo Nianzhong transferred 13% of its equity to the Fuji Consortium with a valuation of US$23 billion. This was also a concession made by Luo Nianzhong to the other party's peek at Watsons.

The Fuji Consortium was very interested in Watsons, a new retail giant, but was rejected by Luo Nienzhong, so it made huge concessions in the valuation and shares of Honor Audio-Visual.

Far East Group's investment in many companies in island countries did not cause much turmoil around the world.

One is that the island country's officials were opposed to the proposal when it first took place. After such a long time, the matter has cooled down.

Furthermore, I don’t know if the government of the island country came forward, but the local media did not report on this at all.

On the day when the contract was signed, a shocking incident of marital infidelity among top celebrities was reported in the entertainment industry, which attracted the attention of all the people.

Far East Group is an unlisted company and does not need to disclose these.

The listed companies that were acquired did not hold a press conference. They only announced it in front of the company's shareholders and to the outside world, which can be said to have minimized their influence.

In Welch's office, Luo Nianzhong was discussing the next development with him.

As for why we always choose to talk in Welch’s office, it’s because his office is large.

In fact, this was the renovated office of Luo Nianzhong, but now it has been given to Welch.

Because Luo Nianzhong rarely came to the company to work, he gave his office to Welch. Anyway, he was about to move to a new headquarters. Could this also show that he was considerate of his subordinates' eclecticism?

"We need to find out the business of these companies as soon as possible to see which ones we need in the future, which ones can complement us now, and which ones have no potential for development. These must be compiled and handed over to me as soon as possible. I've seen it."

After thinking about it, Luo Nianzhong added, "Except for dispatching financial resources, please don't make any changes to the personnel arrangements, but we won't spare any of those who are just waiting to die, and don't give face to anyone."

Welch expressed that he understood Luo Nianzhong's thoughts and asked, "What to do with the rest of the loan? Five billion US dollars, don't go out and it will depreciate every day."

“Don’t worry about this part, I will leave it to Yunhua Investment to buy the island country’s semiconductor and technology stocks.

If the group's funds are rich, it can also invest part of it in real estate in the island country, not only commercial real estate in good locations, but also residential properties in Tokyo."

Luo Nianzhong's idea is very simple. Don't you want to lend me a lot of money? Then I will use your money to suck blood from your stock and property markets.

Since the 80s, the stock market of the island country has benefited from the rapid development of the island country's enterprises, especially after the Plaza Accord, it has really changed day by day.

At its peak, the Japanese stock market accounted for 43% of the global stock market value, which was 1.5 times the market value of the US stock market. You can imagine how crazy it is.

Hearing Luo Nianzhong mention real estate, Welch became strange. Although he had not been with Far East Group for a long time, he also knew that Luo Nianzhong had a bad habit of not getting involved in residential real estate.

Yes, after he learned about the residential real estate and major real estate companies in Hong Kong Island, he characterized Luo Nianzhong's behavior as a bad habit.

However, he did not expect that Luo Nianzhong would actually break this law and attack the island country's residence.

Luo Nianzhong, who didn't hear Welch's words and was looking at the information in his hand, looked up and saw his disbelieving look, and he understood instantly.

"Don't think too much. I plan to keep commercial properties in good locations. As for residential properties? You can think of them as a group of real estate speculators on Hong Kong Island."

Real estate speculator group?
Welch thought to himself that this might be the largest group of residential real estate speculators in the world.

After regaining his composure, Welch said, "Do you think real estate in the island country will continue to rise, or even create a bubble?"

Luo Nienzhong was not surprised by Welch's one-point solution. If he hadn't judged that real estate in the island country would rise sharply, Luo Nienzhong would not have thrown money there.

“Island countries are essentially the same as Hong Kong Island, they are mountainous and have few places suitable for living.

Although the area is much larger than Hong Kong Island, the population is dozens of times that of Hong Kong Island.

Moreover, they have high environmental requirements and have built a large number of parks and other facilities, which leaves them with less area to build houses.”

As soon as Luo Nianzhong said this, Welch took over, "Coupled with natural disasters such as volcanoes and earthquakes, high-rise buildings cannot be built in many places, so their actual per capita usable area...".

There was no further words to say, but Welch had a new understanding of this little brother from this beautiful country.

"It seems that I am waiting for someone to collect information and study the real estate market of the island country."

(End of this chapter)