"Loan in U.S. dollars?" Chen Songqing frowned. He understood what Xu Zhi meant. The other party obviously did not want to bear the handling fees in the foreign exchange exchange process.

Although Hong Kong had free foreign exchange in the 1980s, anyone could exchange Hong Kong dollars for foreign currencies, but a certain handling fee was required. It didn't matter if the amount was small, but if the amount was large, the handling fee was also a large sum.

Bao Fuda said: "Xu Sheng, this is Xiangjiang, your bank is from Xiangjiang, and our company is also from Xiangjiang. Isn't it strange to use US dollars?"

"Then there's no other way. Bank of East Asia has no money. If you two can't accept it, you can try other banks." Xu Zhi shrugged.

"I agreed." Chen Songqing agreed. The foreign exchange conversion of 2 billion Hong Kong dollars required tens of millions of Hong Kong dollars in handling fees, which was quite a lot, but it was nothing compared to the preferential interest rates provided by the Bank of East Asia.

Xu Zhi nodded, smiled at Bao Fuda and said, "What do you think, Mr. Bao Fuda?"

"Does Xu Sheng have any other requests?" Bao Fuda asked rhetorically.

"Absolutely not." Xu Zhi shook his head and smiled.

"Then Real Estate can also agree." Bao Fuda nodded and said.

Xu Zhi stood up, stretched out his hands and said with a smile: "Then I wish us a happy cooperation."

…

After Chen Songqing, Bao Fuda and others left the Heshi Building, Xu Zhi called He Guoyuan and Wang Liming to briefly repeat the matter of cooperation with Land-Caring.

Wang Liming asked: "Chairman, why do you want to borrow US dollars? Although the current funds of the Bank of East Asia are not enough, as long as you wait for a while, you can absorb enough Hong Kong dollar deposits. The negotiations between Land and Hilton Hotels are expected to take a long time.

Not to mention the subsequent demolition of buildings and garbage clearance, which would be impossible to complete within a year and a half. The bank has enough time to prepare this amount of funds."

"Don't worry about it, I have my own plan." Xu Zhi shook his head and smiled, then asked He Guoyuan: "Can Midea raise US$400 million?"

"If it's 400 million U.S. dollars, we need to invest in some stocks of American companies." He Guoyuan replied, but last year in 1980, Midea's profits exceeded 400 million U.S. dollars. Adding in the profits of previous years, the amount on the account

Cash has accumulated over a billion dollars.

But these funds cannot be placed in the bank to earn interest. Except for the part that was mobilized to help Evergrande acquire Hutchison Whampoa and Hong Kong Electric in 1979, the other funds are all in overseas accounts.

According to some suggestions given by Xu Zhi, all the profits were used to set up an investment fund and purchased some stocks of some European and American companies in the U.S. stock market. The annual growth rate and dividends of these stocks were very good, which also made the company's

Revenue has increased significantly, and now, for the entire Midea company, financial investment income has accounted for 30% of the company's total profits.

"This is not worthwhile." Xu Zhi frowned and thought deeply. Not only was the cash on Midea's account, but also the original gold futures funds, in addition to the acquisition of Mack Trucks and RCA TV businesses, there were also hundreds of millions of dollars in balances. These funds were all used by him.

Hidden in overseas funds, it invested in batches of some well-known traditional companies in later generations, such as Coca-Cola, Wal-Mart, Pepsi-Cola, Nokia and other companies.

Although these stocks cannot compare with the future growth of high-tech companies such as Microsoft and Cisco, their current market value is high enough and their capacity is large enough to easily hold hundreds of millions or even billions of dollars.

Wang Liming said: "Chairman, if you must lend U.S. dollars to Landmark, I have another way. Several of your companies are major customers of Citibank in the United States. Citibank's company manager in Xiangjiang once hinted that I can lend them U.S. dollars.

What do you think of our low-interest loan?"

"Low-interest loans, you mean we borrowed money from Citigroup and then loaned the money to Land? Then we made a profit in the middle?" Xu Zhi asked with a frown.

Wang Liming nodded and said: "That's right. However, although President Reagan began to cut interest rates after taking office, the interest rates in the United States are not much lower than those in Hong Kong. If you follow what I said, you can only find funds, but it will be difficult to make much money."

"Okay, then you go and contact him, as long as you don't lose money." Xu Zhi nodded and agreed. He insisted on loaning US dollars to Land just to cheat him in the future when the Hong Kong dollar plummeted. The current US$400 million is worth 2 billion Hong Kong dollars.

By the second half of 1983, it was worth 3 billion Hong Kong dollars. One-to-one Land and Caring Land had lost more than 1 billion Hong Kong dollars in exchange rates. And because of mutual guarantees, after Caring Land went bankrupt, Land had to bear all the debts.

"Okay, then I will contact Citibank immediately." Wang Liming nodded and said.

Xu Zhi said: "There is another thing. Starting from today, I need you to slowly acquire the shares of Land and Jardine in the stock market. This is not very urgent. Don't let them find out. After Wharf, Jardine

People who are harmonious become particularly sensitive."

Wang Liming said: "Xu Sheng, Jardine and Land have completed mutual control. Each party holds close to 40% of the other party's shares. No matter how much money we have, it will be difficult to force the acquisition."

"Then do you think there is any way to break this mutual control?" Xu Zhi asked with a smile.

Wang Liming thought for a moment and said: "It is almost impossible to defeat this trick in the stock market. The only way is to start from the legal side and abolish this chain structure. However, it is feasible as long as it is not prohibited by law. The Xiangjiang Court may not adopt this opinion.

"

"This can only be said to be a possibility." Xu Zhi nodded and said with a smile: "There is another way, which is that Real Estate becomes insolvent. Then this move by Yihe Mutual Control will be the end of the entire Jardine Group."

"Insolvent?" Wang Liming thought for a moment and asked: "What the chairman means is that as long as house prices fall, Land will become insolvent. But if we bet wrong, or the price falls too late, Land will instead withdraw money from the Hilton Hotel."

If you make enough profit from the project, what should you do?”

"Then it can only be said that Landmark's life should not be cut off." Xu Zhi smiled and said: "But we can also help. You arrange for someone to contact the person in charge of Hilton Hotel in Xiangjiang and tell them that they must insist on protecting their company.

The longer the time, the more benefits he can get."

"I understand." Wang Liming nodded and said.

…

A week passed in a blink of an eye. Under the arrangement of the lawyers of both parties, Landmark and Hutchison Whampoa reached an agreement on the transfer of the Hilton hotel property. Since the three parties were all listed companies, a grand press conference was held.

Land and Carin formed a joint consortium to acquire Hutchison Whampoa's Hilton Hotel property in Central for HK$2.7 billion. After the transaction is completed, the Hilton Hotel will be demolished and the tallest building in Hong Kong will be built on the original site.

When the news came out, it shocked the whole of Hong Kong. The stocks of Land, Carin and Hutchison Whampoa skyrocketed, and at the same time it pulled up the entire Hong Kong stock market. The huge transaction price also injected a shot in the arm into the entire real estate market.

At the reception, it was said that he was basically attracted by Chen Songqing's bright light. He took this opportunity to publicize Jia Ning's future investment plan in an attempt to further increase his company's stock price.
Chapter completed!