The Industrial Giant Reborn

Chapter 59 Charity Gala

Chen Zhiwen arranged for a few people to follow Cai Kensi, and all they checked were various data of Hong Kong's clothing industry. A week later, Chen Zhiwen had another lunch appointment and left Hong Kong.

"Are you going to enter the clothing industry?" Chen Tianfu asked curiously after listening to his son's description.

"No preparation, just support, including the previous cooperation with Zeng Zixing. The scale of Berkshire Hathaway does not need any help from me. Their financial resources are much stronger than mine. I just Letting Hong Kong have a high-level textile company may be of great help to my future." Chen Zhiwen explained while eating a McDonald's hamburger.

In 1974, the first McDonald's opened in Hong Kong. Although Chen Zhiwen thought that this kind of European and American fast food restaurant was very low, but after all, it was a large American company that came to Hong Kong to open, and it still attracted many people. Chen Tianfu was one of them, and he insisted on Came here with my son to try something new. Considering that the taste is not bad once in a while, Chen Zhiwen also followed.

"A large scale in the United States does not mean a good mix in Hong Kong. Is Mobil Oil big enough? In Hong Kong, it has to cooperate with CLP Power, and it only holds a small share." Chen Tianfu said with a smile after eating a chicken leg.

"It's okay to think so." Chen Zhiwen smiled helplessly. In a small place like Hong Kong, it is true that European and American giants may not be able to enjoy themselves, but things like power plants may be something that Mobil doesn't like. The power generation projects in China only account for 30% of the shares, but the joint venture company needs to purchase fuel oil power generation from Mobil. On the whole, Mobil still makes money. This may also be the way Mobil makes money.

"So I think it is possible for them to find local giants in Hong Kong for cooperation, but I am worried that they will not find you. You are in Hong Kong now, but you don't have much influence." Chen Tianfu continued, international giants come to Hong Kong to find partners , basically looking for local giants, so that they can join forces.

Chen Zhiwen said with a smile: "Who cares about the textile industry among local tycoons in Hong Kong?"

This is absolutely true. Although there are many garment companies in Hong Kong with 200,000 employees, they are basically small companies and small workshops. The largest textile company, Nan Fung Textile Factory, whose boss was I started to enter the real estate industry a few years ago, and it happened that the real estate boom was soaring, and I made a lot more money than the textile industry. If it weren't for the real estate crisis in the past year, I guess they might have given up spinning and investing in real estate.

"That's true, so you are still tossing about the industry." Chen Tianfu nodded and said.

"It can't be blamed. The real estate industry is really profitable. However, the Hong Kong market is so big, and at most it is the size of land. If the locality does not rise anyway, the industry will be different, and it can easily go global." Chen Zhiwen said with a smile.

The four major families in Hong Kong in later generations, except for the Li Jiacheng family, most of their assets are in Hong Kong. It can be said that they are as prosperous as Hong Kong. A few of them came to the mainland to invest in real estate, but the scale is far smaller than that of the mainland, which has slowly developed since the 1990s. Players, even the mainland, whose culture is similar to that of Hong Kong, and whose real estate operations are copied from Hong Kong, can’t let Hong Kong real estate developers find a second paradise, let alone other countries. Only Li Jiacheng invested the funds earned in the real estate industry in Ports, energy, telecommunications and other fields have been successfully transformed.

"At most, just buy land?" Chen Tianfu was stunned for a moment, and said, "How high-sighted is your boy?"

"It's not that high. In a few years, I'll buy Kangle Building and give it to you as a gift for your 50th birthday." Chen Zhiwen laughed loudly.

"It would be great if you can buy that golden gate." Chen Tianfu rolled his eyes and said.

"Then there's no problem." Chen Zhiwen said calmly. In later generations, this Golden Gate Building was played around by Chen Songqing, the number one scammer in Hong Kong. Naturally, it's not difficult for him to buy it, it's just a question of whether it's worth it.

"Speaking of business, HSBC is going to hold a charity gala in two days to raise funds for Hong Kong education funds to build schools. How much will we pay?" Chen Tianfu asked.

"Hundreds of thousands, no more, no less. Shen Bi's main purpose is not to build schools for education funds, but to announce that his time is coming." Chen Zhiwen said with a smile.

As early as 1971, Shen Bi served as the general manager of HSBC and became one of the candidates for the future taipan. After several years of hard work, the current taipan Saunders and the board of directors finally decided to let Shen Bi become the next generation successor. Such a big event Naturally, it attracted the attention of the Hong Kong business community, so they celebrated Shen Bi in the name of a charity gala.

"During this time we have been cooperating with RB and banks in Southeast Asia. Will Shen Bi have any objections?" Chen Tianfu asked a little worried. Yi is still the son of Xinghe. In the early stage of development, it relied on HSBC to achieve scale, but when RB Bank dared to provide higher leverage, it ran away immediately, which seemed a bit unkind.

"It's okay, our risk point requirements are too high, and Shen Bi probably won't agree casually." Chen Zhiwen said: "Besides, even if we cooperate with HSBC, we should be tough. You are too cowardly, and people will look down on you. If you show that, if you don't cooperate with me, you will lose your self-confidence."

"You are probably the first one who dares to talk to HSBC like that." Chen Tianfu said with a smile.

"Of course you can't say that, just express your meaning." Chen Zhiwen said indifferently, his demand for HSBC is actually the past few years, and when the electronic age opens, there will be no problem with his funds. Many local opportunities gathered in the 1970s, and he didn't need to cooperate with HSBC at all. Besides, he knows that in the future, some outsiders, including HSBC, think that some investments that are very risky will actually make a profit without losing money. HSBC is unwilling to take risks, and if other banks are willing to take risks, he will naturally change to another bank without hesitation.

"However, RB and banks in Southeast Asia can provide too little funds. If you want to really develop in Hong Kong, you still have to rely on HSBC." Chen Tianfu said. During this period, their father and son have taken a lot of loans from foreign banks, but After all, these are only branches in Hong Kong with a limited scale. In addition, their father and son are unwilling to take foreign currency loans, and the subsequent cooperation has almost come to an end.

"I didn't expect these foreign banks to provide much funds, 200 million is not bad." Chen Zhiwen smiled and said: "So, for this evening party, we have to deal with Shen Bi properly."

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