As a joint venture between Xiao Qi and Yangtze River Holdings, Changyu Group is still registered in the Virgin Islands. ◇↓,
Li Chaoren has done a great job in capital transfer in recent years.
It's not as what the outside world said. He saw the financial crisis in Hong Kong and wanted to escape from this place.
It's just a reallocation of assets by Li Chaoren.
As a businessman, Li Chaoren wants to pay less taxes on the one hand and diversify his business operations on the other.
Putting assets only in China and Hong Kong is undoubtedly very one-dimensional, so Li Chaoren chose Commonwealth countries such as the United Kingdom and Australia. He is familiar with the laws and people in these places and has many contacts who can help him.
Handle the relationship here well.
Li Chaoren also knows what equal sharing of interests is and what risk-taking is.
So he brought Xiao Qi in and asked Xiao Qi to buy 30% of the shares. Then Changjiang Industrial held 70% of the shares, and the capital of the entire Changyu Group was US$30 billion.
On the surface, Xiao Qi paid 9 billion US dollars and only occupied 30% of the shares without decision-making power. It was really a loss.
But you have to know one thing, Cheung Kong Group is not 100% owned by the Li family.
Cheung Kong Holdings is Hong Kong's "one kid", that is, the Hong Kong stock code 00001. Its total market value has exceeded 1 trillion Hong Kong dollars, which is more than 110 billion US dollars.
Through various foundations, the Li family occupies about 56% of the shares of Changshi Group, which is about 60 billion US dollars.
After calculation, the Li family actually only holds about 40% of the shares, and the rest belongs to other shareholders of Changshi Group.
But if you want to say that the Li family controls Changyu Group through the holding of Changshi Group, that is also correct.
But Xiao Qi didn't care about these trivial details.
He knew that although Li Dachao in his previous life was not well-known in Hong Kong, his actions in the UK and Australia were very steady and generous.
From water, electricity, gas, to communications, agriculture, and planting, there is nothing that Li Dachao does not invest in.
Moreover, relying on stable yields and stable asset appreciation rates, the Li family has become very popular in the UK and Australia, and has the flavor of a new century aristocracy.
Xiao Qi basically didn't understand this aspect at all, so he just took advantage of the Li family's intelligence to make money in the UK and Australia.
Li Chaoren certainly wouldn't dare to cheat Xiao Qi, so as long as he can make money, why does Xiao Qi care about controlling shares?
Of course, it's not just Xiao Qi who wants to use the power of the Li family.
Li Dachao, who is responsible for developing Britain, also wants to use Xiao Qi's name to take the first step.
His first step was to focus on the acquisition of a British cinema chain that Xiao Qi mentioned to him when he came to Hong Kong after the Chinese New Year.
Although they are said to be British cinema chains, they are actually not only British. However, the two cinema chains that Xiao Qi is interested in are headquartered in the UK.
One is called Odeon Cinemas, and the other is called Weiyou Cinemas.
The former one is a company owned by Terra Firma Capital, a well-known British private equity capital. It has 210 cinemas with a total of 2,000 screens in seven major countries in the European Union.
The latter one, Victoria Cinemas, is a company in its own right. There are 120 cinemas in five EU countries, with a total of 1,300 screens.
At the same time, they are also the two largest cinema chain companies in Europe, accounting for more than 40% of the European movie box office.
What Xiao Qi means is that if we can acquire it, we will acquire it together. If we cannot acquire it, we will choose Oden to acquire it because it is the largest.
As for the price, Xiao Qi has no restrictions at all. This gives Li Dachao more room to operate.
Spend money to buy things, who doesn’t?
What Li Dachao values most is not the cinema chain itself, but the owners of the two cinema chains.
Needless to say, Terra Firma Capital is funded by more than 100 aristocrats in the UK. In this era when aristocrats are becoming increasingly worthless, these aristocrats have gained a lot every year with the investment of Terra Firma Capital. In addition,
Their combined strength has become an important force that cannot be ignored in the British political and economic circles.
The owner of the other Weiyou Cinemas chain is the famous Duke of Saatchi from England. This Duke is one of the rare rich people. It is said that his ancestors left a lot of wealth, so he is involved in many industries. The cinema chain is only a few
To a small extent, the actual assets of the Duke of Saatchi are more than 20 billion pounds, but he doesn't like to show off, so he allows hippie "young people" like Branson to become the richest man in the UK.
However, as Branson's 5% Dream Pad shares and 1% Dream Sta shares become more and more valuable, he is actually one of the top five richest people in the UK.
If Li Dachao wants to open up a business in the UK, he should just get in touch with these two parties, rely on Xiao Qi's acquisition to establish good relations with them, and after gaining some fame and status in the UK, he can then slowly start to invest in the British industry.
acquisition, the resistance you will encounter will be much smaller.
The vice president of Terra Firma Capital is called Robbie, a very common name.
But his qualifications are extraordinary. In addition to being a hereditary earl, he is also a top student at Harvard University in the United States. He worked at the Goldman Sachs investment bank for 20 years before returning to Terra Firma Capital to hold a senior position.
Oh, I forgot to mention that Terra Firma Capital has been established for more than 200 years. It is a very old private equity capital in the UK. It is said that its predecessor has something to do with the notorious East India Company. Now it has tentacles all over the UK and the Commonwealth.
corner.
Hong Kong was under British administration for a period of time, so even though Robbie had a strong South London accent, Li Dachao could hear him clearly, and he himself also spoke with a South London accent.
Robbie was very satisfied with having such common ground. After chatting for a while, his smile started to increase.
"Mr. Li, I have heard about you and your father for a long time. I know that in the past 20 years, he has been a strong competitor for the richest man in Asia, and has been the richest man in Asia for many times." Robbie smiled.
He said, "It's just that now that a talented young man Xiao Qi has emerged, your father has become the second richest man in Asia. This is enough to be proud of!"
"You are not right." Li Dachao smiled and said in a low voice: "As far as I know, Xiao Qi's confidante's property is not inferior to that of my father, but they are very low-key and are not willing to show up.
It’s just in the rich list. For example, Xiao Qi’s childhood sweetheart girlfriend, Miss Huangfu, her WeChat and Weibo companies are now valued at more than 40 billion US dollars. If they are listed, they will have to double again!
In addition, there is also the movie theater chain that Xiao Qi entrusted me to acquire this time. The beautiful girl Qiao Guoer who is going to be given to her is not only a well-known star in China, but also has the largest movie theater chain in the world, as well as a generous salary.
The real estate resources and assets exceed US$20 billion!”
Appropriately revealing a little secret will interest the negotiating partners and increase friendliness.
"Haha, I didn't expect that Mr. Xiao Qi would be such a compassionate person. It's really interesting." Robbie said with a smile, "I also heard about Miss Qiao. She bought the AM cinema chain and the ima company. In China,
We have established a huge 3D and ima screen theater chain. These are huge investments, and they are much stronger than our Odeon theater chain."
"Xiao Qi believes that if you don't make a big move when the market is not hot yet, then when everyone notices this industry, you won't be able to make money easily." Li Dachao said, "For example, my brother, who was me at the time
His father forced him to cooperate with Xiao Qi, but with Xiao Qi’s advice, he entered the top ten richest people in Hong Kong at the beginning of this year, ranking eighth.”
"Who says it's not?" Robbie also sighed, "Branson, a rude guy, originally made a little money by hyping up his fame. But he ended up buying shares of Xiao Qi's Dream Pad and Dream Sta, and his net worth
An increase of five to six billion US dollars in one fell swoop is really enviable! If only we had had the courage at that time!"
"My father is also regretting this now. If he had offered a higher price, he would be one of the happy people today." Li Dachao said, "So we still have a close cooperative relationship with Xiao Qi.
, I came to negotiate this business for him just to increase my friendship with him, so that I can make money along the way!"
After a pause, Li Dachao said: "Mr. Robby, I have great respect for Tai Fung Capital, so I won't tell lies. Xiao Qi asked me to come over to discuss the sale of Odeon Cinemas. He didn't have a price.
As long as you are willing to sell, everything will be easy to negotiate, and he will not let his friends down."
Even though Robby was used to seeing rich people and business negotiations, he was amazed by the courage shown by Xiao Qi.
A person who can talk like this, in addition to having a lot of money, is more importantly determined to win, which shows how confident Xiao Qi is.
Robbie was not a fool. Seeing that Xiao Qi was not short of money, of course he wanted to see how much Xiao Qi could bid, and then go back to discuss with the management executives.
But at the same time, he is not so arrogant that he thinks he is the only one, and he will not offer an outrageous price.
Otherwise, it wouldn’t be called talking about business, it would be called going to death and offending others.
And you offended the richest man in the world!
If Xiao Qi had a grudge against Tai Fung Capital... Ahem, think about how badly the giants like Merrill Lynch, Citigroup, and Goldman Sachs were cheated by Xiao Qi. There was no way they could win their bets, and they would lose every time.
Xiao Qi gave away money and became the laughing stock of Wall Street and even the whole world!
Terra Firma Capital just wants to make money, but it doesn’t want to be the object of ridicule!
(Brothers, please subscribe more!!) (To be continued...)