Chapter 339 Interest Exchange
After returning to New York, Cai Zhiliang met with John Reed of Citibank to talk about MGM and Credit Lyonnais.
"You're the second one to tell me about this."
Cai Zhiliang got an unexpected answer from John Reed, which meant that someone was already interested in MGM, but who would be so concerned about the ownership of MGM? They were one step ahead of him.
Kerkorian? Cai Zhiliang shook his head. As George said, Kerkorian was busy controlling the Chrysler board of directors at the moment, so he tentatively asked: "Is it a Saudi company?"
"You can say that." John Reed nodded and did not deny it. "It was introduced by Alwaleed. They are somewhat interested in Hollywood."
Alwaleed and Cai Zhiliang are aware of it. They had an exchange with each other at the shareholders' meeting last month, and are now hailed by the media as the warriors who saved Citibank.
Cai Zhiliang lamented: "In the oil kingdom where dollars are flowing, we can just wait for the pie to fall from the sky. Why go to Hollywood to stir things up."
"Maybe they think that oil is not infinite after all. Besides, after the Gulf War, the international oil price dropped to the current $15, you should know." John Reed laughed: "It's not limited to Hollywood, they
This time when MGM came to North America to look for investment opportunities, it just happened to be the right one. Wall Street was the focus of their investment. Perhaps because of Valwaleed's profound influence, they did not even mention the petrochemical industry, which they are most familiar with."
Of course Cai Zhiliang knows that shorting oil has brought him at least one billion US dollars in profits.
"Hollywood is complicated and exclusive. It took me five years to achieve some small achievements. Even so, in the face of Hollywood's malice, the script of "Jurassic Park" was actually hyped to 800
Thousands of dollars, but I have to swallow this bitter pill, because Bluebird Pictures must show its strength and ambition in order to gain a foothold in the crowd, otherwise it will have to be eliminated. All
Try to return to zero overnight.”
Cai Zhiliang talked about the complex situation in Hollywood and the hardships of starting a business, saying: "When Saudi companies first come to North America, they should make decisions after multiple investigations and careful consideration. In line with a responsible attitude towards Saudi capital, they must not make decisions without a true understanding of Saudi Arabia.
Given GM's current predicament, it hastily made an investment decision; otherwise, if it suffered a huge loss, it would lose its enthusiasm for investing in North America, which would be a huge loss to Saudi Arabia and the United States."
"You are not just a small success in Hollywood, I believe the sequel of "Terminator" will be the same." John Reed is no stranger to Bluebird Pictures. He praised a few words and said: "Customers are God, and we respect God.
It’s Citibank’s choice, and it’s also the credibility of Citibank.”
“I have never doubted the credibility of Citibank, but Citibank also has the business of recommending higher-quality assets to customers and ensuring that customers’ interests are not lost. Kerkorian is a shrewd investor.
After acquiring MGM in the 1960s, it was still helpless in the face of Hollywood's xenophobia. After some unsuccessful efforts, it entered Las Vegas and has now become a gambling industry.
, the leader in the hotel industry. The situation has changed. Thirty years later, facing the same outsider, Giancado Paretti of Italy, Corkorian used some tricks to make it suffer from financial crises one after another, and finally had to
Not to mention MGM, which he has already acquired. As an experienced investor, Parity has been through many battles, but he is still in trouble and cannot extricate himself. It can only end sadly, and even have to face prison."
History is like a little girl who lets herself be dressed up. The true situation of MGM is no longer important. It is also true that Parity was accused of fraud. It is impossible for the Saudi side to know such details. The key depends on what the intermediary says, as long as there is a trace of doubt.
It is enough, but this kind of rhetoric cannot come from the mouth of Cai Zhiliang, a competitor, otherwise it will have no credibility. And more importantly, John Reed is willing to talk about this company with Cai Zhiliang. This
That already explains the problem.
Cai Zhiliang continued: "The situation of MGM is still confusing, but Columbia Pictures is well known. If Sony had not had strong financial resources, it would have had no choice but to withdraw. This is certainly the arrogance of the Japanese, but it is also because of the Japanese
They don’t understand Hollywood, and Hollywood is quite exclusive, so management conflicts continue and the market share drops to less than 10%.”
"This is indeed something worthy of vigilance." John Reed seemed to agree, but said nothing.
"The Middle East is one of the regions with the richest oil reserves in the world, and it has accumulated massive wealth as a result. Saudi Arabia has always been the leader in this region. Walwaleed's investment in Citibank has been widely known. If this Saudi Arabian company
Companies can obtain substantial returns from investing in North America in the short term, which will inevitably create a demonstration effect and push Citibank's current total assets under management to a new peak."
Cai Zhiliang drew a grand blueprint for Citibank in trouble, saying: "Since the first information revolution, the information industry has developed rapidly and has accounted for nearly half of the output value of the United States. Now that the second information revolution is around the corner, related industries are bound to develop rapidly.
Development, I believe Ata United Company will also be very interested."
The information industry is a very huge concept. Anyway, according to statistics, not only the United States, but also developed European countries such as Germany and the United Kingdom, the information industry-related output value has accounted for at least one-third of the annual new output value. The future of the information industry will be rapid
Development, what MIT calls the second information revolution, has almost become a consensus.
John Reed also knows that this is just a pancake to satisfy hunger, and it will test the operational level of Citibank, but it is indeed a feasible plan to get out of the current crisis quickly. Saudi Arabia does have a huge amount of funds, and the United States wants the information industry
It was also developing rapidly, so he asked: "Mr. Cai, I want to know the bottom line of what you can accept."
Cai Zhiliang breathed a sigh of relief and said: "I can reserve 20% of the equity for Atta Company and teach them how Hollywood operates. This is a mutual benefit."
"Do you think information technology will usher in rapid growth soon?" Some words coming from Cai Zhiliang's mouth still have some weight.
"Aren't Cisco and Microsoft good proofs?" Cai Zhiliang asked back. Both Cisco and Microsoft can be classified as information technology.
John Reed disagreed and said: "There are only three or five such companies in North America. The ebb and flow is the norm."
"Now the real estate industry in North America is at its lowest ebb. As long as Atta Company is patient, we will definitely be able to make money in two or three years." Cai Zhiliang said with a smile: "I recently acquired Gavin Venture Fund, and I also want to cooperate with Atta Company.
Such high-quality customers establish long-term cooperative relationships.”
Saudi Ata United Company is not so patient. John Reed is sure of this. Short-term and fast is the way to go. He said: "Is this the purpose of your acquisition of Gavin Fund?"
Gu E
"That's right." Cai Zhiliang also knew what John Reed meant, but what needed to be said had already been said, and he couldn't reveal all his cards. He said, "Franco has invited Dr. Thomas from MIT to re-perfect the lid.
Wen Fund Company’s value investment theory. In a few days, Franco will discuss fund clearing services with Citibank.”
This is considered a bundle of interests. Although Gavin Fund is still very weak now, its future is limitless, because this is Cai Zhiliang's company, which will bring millions in revenue to Citibank every year.
John Reed said: "Citibank can provide necessary support for Gavin Fund, including but not limited to information on currencies, stock markets, and bonds."
"Thank you very much." Cai Zhiliang said: "With the support of Citibank, I am full of confidence in the future of Gavin Fund."
"This is Citibank's honor." John Reed said with a smile and polite words: "Mr. Cai, as a shareholder of Citibank, I have always had a long-term vision. There is something I think it is necessary to ask for your advice."
"Tell me about it."
"Citibank's commitment to its global strategy is unquestionable and will not change in the past, present or future."
John Reid started with Citibank's global strategy. Cai Zhiliang roughly knew what it was about and waited for the next chapter.
"China and India are the only two countries in the world with a population of 1 billion. They have vast market potential and will also be the focus of Citibank's future development. I won't go into any unnecessary introduction. You also know that currently, the two countries
The economic conditions of both countries have gradually shifted from a planned economic system to a market economy, but they have all stagnated invariably. The current economic structures of the two countries are similar, and competition is inevitable. In the long run, who will be the winner?"
"As a Chinese, when discussing this issue, it is always inevitable to be biased." Cai Zhiliang did not answer directly, but he sneered in his heart. The competition between China and India has ended before it even started, but in the eyes of the West, everything has just begun.
Competition in low-end labor-intensive industries.
"You generously extended a hand of friendship during Citi's most difficult time, and I believe in your goodwill towards Citibank."
John Reed asked: "So, do you agree with China?"
Since John Reed said so, Cai Zhiliang stopped being pretentious and said: "Before you abandon your subjective ideas and look at this issue objectively, let me ask you, which is the most developed country in Asia?"
There is no doubt about this answer. Cai Zhiliang did not wait for John's answer and said: "It's Japan."
John Reed nodded. Although Japan is currently experiencing an economic crisis, no one will doubt that Japan is the most developed country in Asia.
Cai Zhiliang continued: "After Japan, there are four emerging economies in Asia, South Korea, Taiwan, Hong Kong, and Singapore."
John Reed seemed to understand something and said nothing.
"Both Japan and the other four emerging economies belong to the Chinese civilization system, or the Confucian civilization circle." Cai Zhiliang concluded: "This is the power of civilization, which is more convincing than any economic data."
This was the first time he heard about the understanding of civilization, and John Reed fell into deep thought.
There are many things that do not need to be explained clearly. You only need to express your own opinions. John Reed will make his own judgment. Cai Zhiliang then said: "I have circled a piece of land in Pudong. You must have heard about it. If there is a need in this regard,
, you can tell me that Hang Lung Bank has been laying out the plan for a long time."
Citibank returned to mainland China in 1983 and had representative offices in Beijing, Shanghai and Guangzhou. John Reed naturally understood what Cai Zhiliang was talking about.
After the matter was settled, Cai Zhiliang left. John Reed sent Cai Zhiliang downstairs and asked again: "India has closer ties with European and American countries, and is also deeply favored by some big capital."
"But India has not been able to undertake the transfer of global manufacturing. Instead, it has been left behind by Japan and the Four Asian Tigers..." Cai Zhiliang said: "Let time prove everything."
At the end of the sentence, Cai Zhiliang suddenly realized that no amount of words would be insignificant. After all, as Eastern Europe and Central Asian countries became independent one after another, the Soviet Union had disappeared. China, which also implements a socialist system, has an outcome that can be imagined. Although India
It also claims to be a socialist country and implements a planned economy, but it is considered a democratic system. It is very interesting.
Perhaps MIT economist Lester Thurlow’s views are more representative. He believes that India’s economic data are real and its economy has developed rapidly in recent years, while China has fabricated false statistics.
The next Soviet Union and East Germany will collapse, implement a democratic system, and become a light industrial country.
Chapter completed!