Hong Kong's new giants

Time flies, and it is August in a blink of an eye.

Thursday, May 8.

Early this morning, Iraq brazenly invaded Kuwait.

In the morning, Hong Kong has already received the news, and keen investors have already felt the feeling of "the rain is coming".

In the morning, Lin Zuhui came to New Era Group, and he seemed to be in a very good mood.

Hengjin Investment bought a total of 12 billion Hong Kong dollars in crude oil futures, with an average price of 16.5 US dollars per barrel, and did not encounter any dangers during the period.

New Times Group also bought 3.5 million Hong Kong dollars in crude oil futures, with an average price of 17 U.S. dollars per barrel.

Everything is ready, the only thing he owes is Dongfeng, and today the Dongfeng just came, so his mood is naturally very beautiful.

The impact of the 'Iraq's invasion of Kuwait' event is manifold.

In Hong Kong, Lin Zuhui knew that the stock market would plummet by 20%, and real estate "should have fallen but not fallen".

The stock market closed at 3580 points yesterday. Based on the 20% drop, at 2900 points, you can buy the bottom.

The reason why real estate "should have fallen but not fallen" is very simple. He remembers that it was because Hong Kong followed the United States to cut interest rates twice, and the government introduced the "Civil Servant Home Purchase Plan".Two interest rate cuts will lead to the influx of funds into real estate and the stock market, so this time the stock market will soon restart its upward channel.

In other words, Xiangjiang will usher in a seven-year explosion in the economy, real estate, and the stock market.

The news of 'Iraq's invasion of Kuwait' has not been published in the morning newspapers, because even if the newspapers get the news, it is only five or six o'clock in the morning.

Soon, Liang Zhenxun came to Lin Zuhui's office.

"Boss, did you get the news that Iraq invaded Kuwait?" Liang Zhenxun was a little excited and had an admiring expression.

Lin Zuhui said with a smile: "Of course I got the news, don't pay too much attention to it. Crude oil will skyrocket in the next few months. The crude oil futures we invest in are waiting to collect money. Hong Kong's real estate will not fall. There is no room for it to fall. We There is no need to worry."

Liang Zhenxun couldn't help sighing that his boss is really the company's pinnacle of stability. Such a big event may cause various complicated changes in the situation. After he said it, his mood did not calm down.

"Well, yes! However, Hengchang Enterprises should have also received news that the oil price will skyrocket next, and their car sales will definitely be affected."

Lin Zuhui said with a smile: "This is the opportunity we've been waiting for, otherwise how could He Shanheng make up his mind to sell it! Next week, we have to settle Hengchang Enterprise. I have many plans, and I'm waiting for it!"

Liang Zhenxun immediately knew that the boss's acquisition of Hengchang Enterprise was not only because of the current achievements of Hengchang Enterprise, but also because he planned to rely on Hengchang Enterprise for great development.This is also the consistent style of my own boss. The acquired companies will be rejuvenated and even expanded several times soon.

"Okay, I'm ready!"

After Liang Zhenxun left, Chen Bin came to his office again.

After he finished reporting his work, Lin Zuhui said: "In the next period of time, the rights and interests of land exchange will become an existence that no one cares about. Our company can take them all. When the Hong Kong government approves the land, we will also strive for more at this time. Take some."

Chen Bin nodded seriously, and said, "Okay, our company has sufficient funds, so we just continue to buy the bottom."

Behavior against the market is Lin Zuhui's forte.

In this regard, Sun Hung Kai and Henderson are also inferior, and they are always one step behind.

At the end of 90, Xiangjiang's real estate development projects had been concentrated in the hands of eight large real estate companies;
These eight real estate companies and four real estate companies account for 70% of the residential unit supply in Hong Kong.

The four major residential development developers are: New Times Group, Sun Hung Kai, Henderson, and Cheung Kong.

The rest of the real estate companies, including New World Development and Hang Lung Properties, have fallen far behind these four real estate companies because they do not have enough land reserves.New World Development focused on hotels and rent collection, while Hang Lung Properties favored asset restructuring, and both missed the good opportunity to reserve land.

Other large real estate companies, such as Wharf Group, Swire Group, and Hongkong Land, have high asset values, but they all rely on investment properties (rent collection), and hardly develop residential projects.

A monopoly has been formed!
The next day.

In the past month, Hengchang Enterprises distributed a large amount of cash dividends (using more than 1.5 million yuan), which can not only appease small shareholders, but also reduce the attractiveness of being acquired; the most clever move, Dachang (Hengchang is a holding company) ) even used 320 million Hong Kong dollars in cash to distribute pensions in advance to 1984 senior employees who worked before July 7. On the one hand, it was to take care of the old guys, and on the other hand, it was obviously to reduce the amount of cash held.

Lin Zuhui's heart is bleeding, but he knows whoever it is will reduce the amount of cash held before the company is at risk of being acquired.

And from this point of view, Hengchang Enterprise should still have a lot of cash, so Lin Zuhui decided to take action immediately.

On Friday night, he personally visited He Shanheng's home.

Although the two were not very close, He Shanheng would not refuse Lin Zuhui's identity.

He's private residence.

Lin Zuhui was carrying a gift, but He Shanheng greeted him personally.

"Lin Sheng is too polite. When you come to my mansion, you are already in full bloom. How can you still get a gift!" He Shanheng said with a smile.

He will not regard Lin Zuhui as a real junior, at least in the business field, Lin Zuhui is qualified to be in the same generation as him.

He even deeply felt Lin Zuhui's thoughtful strategy. Lin Zuhui quoted prices twice, although he rejected them both.But he never dared to take a peek at Lin Zuhui, for fear that he would make a public acquisition.

At that time, as soon as the quotation of 330 Hong Kong dollars came out, most of the other shareholders would not be able to resist this temptation, and even their old friends He Tian and Liang Qiuju had already been shaken.

And he himself only holds 30% of the shares. Once Lin Zuhui acquires 51% of the shares, he will only have to sell them.

The price of 330 Hong Kong dollars is definitely quite attractive!

Lin Zuhui smiled and handed the gift to the servant of He Shanheng's family, and said politely: "Mr. He is a senior, and I am a junior. Some small gifts can only represent my heart!"

He Shanheng didn't hesitate, and invited Lin Zuhui into the villa together.

In the living room, the two chatted briefly, and Lin Zuhui began to clarify his intentions.

"Mr. He, Iraq's invasion of Kuwait yesterday will inevitably lead to a skyrocketing oil price, and the auto retail business of Hengchang Enterprises may be greatly affected!"

He Shanheng smiled and said, "Does Lin Sheng still like it?"

Lin Zuhui said frankly: "Of course, my quotation remains unchanged. I like Hengchang Enterprise because I like the 4000 foreign trade talents of Hengchang Enterprise. After the acquisition, they will develop and grow."

He Shanheng was finally moved. He got the news yesterday and also considered that Hengchang Enterprise's automobile trade would be greatly affected, so he already planned to sell Hengchang Enterprise.Now that Lin Zuhui's quotation remains the same, he immediately feels much better.

However, He Shanheng was still a little dissatisfied and said: "Oil has risen and fallen, and the temporary impact will not cause much loss! To tell the truth, Hengchang Enterprise still has 8 million worth of cash and stocks in its account, so its net value has already been reduced." More than 85 billion!"

Lin Zuhui said with a smile: "He Sheng, if I make a public acquisition, I am afraid that you will be the only one who will not agree!"

His tone was joking, but with a hint of toughness.

He Shanheng said playfully: "Maybe, do you want to try? But you may only have one chance, if you miss it, you will have no chance!"

Lin Zuhui said with a smile: "So I still hope that Mr. He will complete this acquisition, and I am willing to do one thing for Mr. He!"

He Shanheng became curious and asked, "What's the matter?"

Lin Zuhui said seriously: "Mr. He has spent his whole life in Hang Seng Bank and Hengchang Enterprises. He can't sell them all and exchange them for vain money. After I acquired Hengchang Enterprises, I sold Hengchang Building to the How about you? Mr. He took this building to collect rent, and he can get in touch with 'Hengchang'."

This is Lin Zuhui's real trump card. Hang Cheong Building is located in Central, and it is a high-quality property.It is also a high-quality asset for Lin Zuhui, not to mention for Ho.

However, Hengchang Building belongs to Hengchang Enterprise, and it is impossible to belong to He's no matter what.Now that Lin Zuhui has made the impossible possible, how can He's not be moved.

He Shanheng was really tempted, and said with a smile: "What a talented person in the business world, within three to five years, Superman Li is not as good as you!"

Lin Zuhui said modestly: "You are too old, I am far from Li Chaoren!"

After thinking for a while, He Shanheng said: "Although your conditions are very attractive, I still can't take the lead in supporting you, because we still haven't discussed many details. You bring people to Hengchang Enterprise for negotiation on Sunday, and I won't deliberately stop you." This acquisition, but you need to convince all shareholders and publicly issue an acquisition statement.”

He Shanheng did this because he was worried about being accused of taking kickbacks, of course Lin Zuhui understood.

So he said confidently: "Don't worry, Mr. He, we are confident in reaching this deal!"

He Shanheng nodded, he actually knew that the two old partners were already in love, and of course he was also in love!

At the beginning of a new week, Lin Zuhui led Liang Botao, Liang Zhenxun and others to Hengchang Enterprise for talks again.This time the negotiations took a long time and were discussed in detail.

The acquisition consortium vowed to guarantee that Hengchang will not be dismantled, nor will employees be dismissed. The mechanism of Hengchang will continue as before. Hengchang, which was founded by the older generation, will flourish under the management of the new leadership.

The conversation went well that day, and almost all the three elders of Hengchang Enterprise showed signs of agreement.

then.

On the evening of the same day, Peregrine formally proposed to acquire Hengchang Enterprises on behalf of New Era Group in the media, at a price of 330 Hong Kong dollars per share, involving a capital of 69.3 billion. The acquisition ended on August 8.

This is a rare acquisition by a non-listed company in Hong Kong according to the practice of listed companies. Hengchang has a total of [-] shareholders, so Hengchang is no longer considered a private company, but is actually a public company.The only difference between it and a listed company is that its shares are not listed for trading.

Unlisted public companies are still subject to Hong Kong's takeovers and mergers code as takeovers have been made public.That is to say, when a consortium acquires more than [-]% of a company's equity, it must propose a full acquisition in cash at the highest price for the company's shares within six months.Of course, this is the goal of New Era Group.

Tuesday, August 8th.

Public opinion in Xiangjiang was once again ignited.

"Economic Daily" used the headline "The largest transaction in Xiangjiang's history reached 69.3 billion yuan". The article pointed out that if this transaction is reached, New Times Group has become a huge comprehensive group, involving all walks of life in Xiangjiang , the prospect is very good.

"Oriental Daily" used "not afraid of high debts, New Times Group intends to spend another 69.3 billion to win Hengchang Enterprises." This newspaper has always been at odds with Lin Zuhui.

The media are so wonderful, naturally, inquiries from friends are indispensable.

Zheng Yutong called directly and said, "I knew you were buying Hengchang Enterprises. I lost to you, and I was convinced!"

Lin Zuhui smiled and said to Zheng Yutong who was opposite: "Uncle Tong, you lost to me. According to Mr. He, even if your bid is slightly lower, you will be considered!"

He pretended not to know that it was impossible for He Shanheng to be sold to Beiyi, because Beiyi wanted to spin off Hengchang Enterprise.

Zheng Yutong smiled wryly and said, "I can't afford this price. You know mine. I don't like topping the market price. But if you dare to buy it publicly, don't you think Brother He and the others have already agreed?"

Lin Zuhui said generously: "Let's be close to ten, otherwise I wouldn't dare to offend them!"

Zheng Yutong seemed to be in a better mood again, and said: "Then congratulations in advance, you have a treat on the weekend, let's get together!"

"no problem!"