Chapter 79 The opportunity to bottom out Shanghai real estate
Hu Chuyuan really wants to get the "most-favoured-nation treatment for the import of raw silk and tea" in the United States. In fact, as long as this clause can be reached, he feels that it is worth setting up the whole Shanghai as a US concession.
After all, the concession can be taken back. The prosperity of the country and the inflow of silver are all real benefits, especially those that can have a great impact and suppression on Japan.
These days, in the equity competition of the Shanghai Shipping Investment Bureau, Xu Run only got 37% of the shares. He could only choose to withdraw from the Shipping Bureau and give up the Shipping Bureau, which he had worked hard for six years, to Sheng Xuanhuai.
Hu Chuyuan asked Jiangnan Commercial Bank to invest 850,000 taels of silver to buy 37% of the shares and wait for dividends.
He has already conceived a beautiful combination of fists, which will definitely make Sheng Xuanhuai into a grandson, and this 37% of the shares of the Shanghai Shipping Bureau is the beginning.
He is not afraid of stealing, but afraid of the thief. He has been thinking about Sheng Xuanhuai for a long time. Of course, Sheng Xuanhuai has also been thinking about him.
Shanghai is already in chaos. The collapse of the Nanxun Business Gang is becoming more and more fierce. Many Qianzhuangs in Shanghai have closed down, and even foreign banks are deeply involved. Hu Chuyuan is much more comfortable.
This morning, Fister Delano came to visit Hu Chuyuan again.
The two of them took a walk in the Jiangnan Garden in the West Garden.
Looking at the gradual renovation of the garden, Fister Delano sighed and said to Hu Chuyuan, "Your garden art is indeed very unique. I often go to the Yu Garden to have a look. Unfortunately, it's a pity that the ancient buildings have fallen into the Shangjing market."
Hu Chuyuan smiled and said, "There are too many ancient things, and people will not know how to cherish them. These are just small things. Don't care too much. I think Mr. Delano came to me this time. It's not just about these things, right?
Fister Delano nodded slightly and said, "I came to you this time mainly to discuss the issue of the new concession. According to the latest news I know, Mr. Westward, the U.S. Minister to China, is very supportive of the expansion of the concession. Considering his special relationship with the U.S. Secretary of State, I believe that the U.S. political axe will soon formally put forward a new concession negotiation application. As long as we raise this matter, you must accept the negotiation. Of course, the rest of the things are in our plan.
Hu Chuyuan didn't like this very much. Although he planned it, Fister Delano's tone still made him feel a little angry.
He didn't say anything, just listened silently and thought about other things.
Fist Delano continued: "The land price in Shanghai has plummeted sharply in the past month, but the decline in land prices in the concession is relatively small, and the gap between the land price in the concession and the Chinese sector is getting bigger and bigger. I think this is a good opportunity. Neither Qichang Yangxing and I can buy land in China, but you can. If you buy all the land around Yangpu in advance and wait for the new agreement to be negotiated, you can make millions or even more profits from this alone!"
Hu Chuyuan nodded slightly and said, "I am an official and businessman entrusted by the court, and I can't do this. If I do it, others will know that I have tampered behind my back and betrayed the interests of the court. However, I will arrange for other merchants to buy those lands.
Fister Delano said, "That's very good. I don't want to hide it from you. If you can give a suitable price, we may sell up to 40% of the shares to you. As a premise, can you merge the newly purchased land around Yangpu into Qichang Yanghang as a new foundation for the development of Yanghang in China?
"Oh?"
Hu Chuyuan thought about it.
He knew that the Russell family and other partners had the idea of withdrawing funds from China to invest in the United States.
The financial turmoil in 1873 caused European capital to quickly withdraw from the United States. The U.S. stock market plummeted, and all walks of life fell into a serious shortage of funds. The United States had to temporarily abandon the gold standard and use the mixed financial standard system of silver and gold.
In this wave, Morgan, Rockefeller, Mellon, Carnegie and other bottom fishing kings emerged one after another, replacing European capitalists as the controllers of the American economy.
Bottom fishing, this is the common idea of American capitalists.
Fist Delano himself does not want this trend to spread. Once Qichang's popularity declines and finally gradually withdraws from the Chinese market, his political and economic future will also end - in fact, if Hu Chuyuan did not intervene, he would have been at the peak and created the Qichang era of Qichang. It will close in 1891.
Fister Delano's proposal made Hu Chuyuan realize that the time was ripe to buy Shanghai real estate.
He smiled, but said indifferently, "Why not?"
Hearing this, Fist Delano was particularly happy and praised: "You are indeed the second generation of the Hu family. Yes, that's what I mean. After all, I am still the chief partner of Qichang Yanghang's headquarters in China. Even if the headquarters wants to transfer funds, I still hope that the business here can be steamed. Unlike other Westerners in the Shanghai Concession, I am willing to cooperate with you and regard you as my first partner in your country. In fact, we don't need to take them seriously.
Hu Chuyuan understands the meaning of Fister Delano.
In the view of Fister Delano, the white people in Shanghai Beach who hold high white racialism are just two-way traffickers, and the Delano family has been sublimated from a two-way trafficker to the powerful class in the United States.
Hu Chuyuan thought for a moment and said, "Let's not talk about these small questions for the time being. I want to ask you, Mr. Feist Delano, what is your life goal?"
Fister Delano thought for a moment and said, "Of course, my life is to serve the interests and money of the United States. There is no doubt about it. In fact, there is no more practical goal than this."
Hu Chuyuan thought, well, he is really a very practical person.
He smiled and said, "It's true, but more precisely, considering your current position, you are serving the interests of the United States in China and your personal assets in China, right?"
Fister Delano nodded slightly and said, "Yes, you can say so!"
Hu Chuyuan said, "That's very simple. Only an open, developed and prosperous China can meet the needs of the United States. Only then can the United States sell more machinery and chemical products to us, sell warships and ships, and our raw silk and tea continue to expand sales to the United States, and your interests can be guaranteed. Barriers and increases. Is that the reason?"
Fister Delano said, "It's true."
Hu Chuyuan smiled and said, "As long as we reach an agreement on this point, our follow-up cooperation will be easy. Moreover, you may not have figured it out step by step. I have a complete plan here. Do you want to hear it?"
Fister Delano couldn't help but be a little curious and asked, "Just say it!"
Hu Chuyuan said, "In my plan, when Wanqi Bank, which belongs to Qichang Yanghang Bank, is established, I will also open a CITIC Bank in Shanghai. So far, we will establish a financial channel composed of Fukang Qianzhuang, CITIC Bank, Wanqi Bank and Hanhua Bank, so that our capital can be between China and the United States. Free circulation. In the end, we will achieve two goals; first, we will build Shanghai into China's largest industrial city and financial center, and we are the king of Shanghai; second, we will build San Francisco into the largest industrial city and financial center in the western United States, and we are also the king of San Francisco.
At this time, Fister Delano seemed to have been punched hard.
He has to admit that... Hu Chuyuan is a real business genius, more talented, smarter and sharper than him, and this financial channel with gold and silver is completely a financial bridge across the Pacific Ocean.
With this bridge, they can use the funds perfectly everywhere, just like using a huge lever.
Fist Delano praised helplessly: "As long as we establish this financial channel, the flow of funds will become extremely smooth. At that time, we can do almost whatever we want. My father said that if you find that you can do whatever you want, then you are not far from success.
Hu Chuyuan nodded and said, "Hanhua Bank is already a bank with the right to issue US dollar banknotes. If CITIC Bank can also strive to become a banknote issuing bank in the five provinces of Jiangnan, we can leverage a larger market."
Fister Delano said, "Yes, that's what we decided. As a Chinese-American bank, Hanhua Bank is largely constrained. We are currently trying to hold a larger Eastern Bank through Hanhua Bank and make it the largest bank in the United States.
Hu Chuyuan said, "This may be better."
This is a very unique era. If you want to become richer, the first choice is to open a bank.
In this regard, Hu Chuyuan knows very well that for others, the speed of making money in Jiangnan Commercial Bank is very fast. For him, this is not enough, and it is just the beginning.
Liu Fist Delano had lunch, and the two further discussed some details before Hu Chuyuan sent him away.
In fact, Fist Delano III completely underestimated Hu Chuyuan's financial resources, ambition and courage.
Once Hu Chuyuan decides to step into the Shanghai estate industry, the impact will be extremely far-reaching. When he wants to buy land in Yangpu, the amount he can buy will also surprise Fister Delano speechless.