Reborn Tycoon Rise

Chapter 128 Wharf Storm

1978 was the most volatile year for the Hong Kong stock market.

At the beginning of the year, Wharf's stock price skyrocketed, from HK$12 at the beginning of the year to HK$46 in March, causing countless investors to go crazy.

In May 1978, the Global Building, a building above the Central MTR station, was completed. This was the first construction of Cheung Kong Industries in Central. On that day, the building began to be sold in layers. It was the climax of the real estate industry. All the buildings were sold out within 8 hours after the advertisement was published in the newspaper. The transaction volume was close to HK$600 million, and Cheung Kong Holdings shares soared.

On September 3, a piece of news caused a shock in the stock market. At Global International’s headquarters located in Chater Building in Central, the company’s chairman Bao Yugang officially announced to the media that he and his family already held 15-20% of the shares of Wharf Corporation. Became the major shareholder of Wharf.

However, at the press conference, Bao Yugang also stated that he had no intention of purchasing more Wharf stocks. This time it was purely a financial investment, and he also applied to join the Wharf board of directors to jointly develop the company.

In the following days, Jardine Matheson also invited Bao Yugang and his son-in-law Wu Guangzheng to join the Wharf board of directors. It was not because they wanted to, but because the law stipulates that shareholders can join the board of directors after holding 16% of the shares.

Of course, being on the board of directors does not mean that you can really participate in the company's operations, especially for a traditional British-owned enterprise like Wharf with a history of more than a century. Even if Bao Yugang and his son-in-law Wu Guangzheng each obtained a board seat, they also have and Other directors have the same voting rights, but this is a British-owned company? Two Chinese people have joined the board of directors, so what?

There may be conflicts between the various British directors, but in the past it was an internal matter, and it didn't matter no matter how hard you fought or fought. But now that two Chinese people have entered the board of directors, and it is obvious that they have bad intentions, these people have not immediately agreed to talk to the outside world! As for why not to increase your holdings? It can only coax investors who don’t understand anything!

The reaction of the stock market also followed. The Wharf stock price fell from the peak of HK$49 per share to HK$21 per share. All "simple" investors believed that the Wharf incident was over!

In the office of Evergrande Securities, Wang Liming said with a smile: "If Bao Yugang has no ambitions for Wharf, I would write my last name backwards!"

Xu Zhi smiled and said: "All this is just a cover-up, their competition is just from light to dark!"

Wang Liming said: "Yes! I didn't expect that Li Jiacheng actually gave up Wharf. This is a super fat piece of meat!"

Xu Zhi smiled and said: "It's a blessing in disguise, how could I know it was a blessing?"

"What do you mean?" Wang Liming thought for a moment and then asked: "When we chatted last time, Xu Sheng said that Li Jiacheng might have deliberately caused the Wharf stock price to skyrocket. Isn't it just to hand over the stock to Bao Yugang today?"

"I'm not sure! His acquisition was too hasty. He knew the other party was Jardine Land, but he still made such a lightning acquisition. Even though Jardine has suffered serious losses due to its long overseas investment front over the years, the market value of Cheung Kong Industries is only a few hundred million. That’s it, any land building is worth more than this. Under such circumstances, if you really want to acquire Wharf, how can you be so hasty?”

Wang Liming said: "Not necessarily? The skyrocketing share price of Wharf is actually caused by too many people following the trend."

Xu Zhidao: "Then you think Li Jiacheng would not think of this factor? I think everything is within his plan."

Wang Liming said: "Li Jiacheng may have made a huge profit from the stocks he sold to Bao Yugang. Judging from the market value, the net profit is at least more than HK$50 million. This figure is almost the same as the profit of Yangtze River Holdings last year."

Xu Zhi shook his head and said: "This profit is quite a lot, but the benefits later will probably be even greater!"

Not only was it even bigger, Li Jiacheng had actually already known that Bao Yugang wanted to abandon ship and land, so he transferred the Wharf in his hand to Bao Yugang. Not only did he make a net profit of tens of millions of Hong Kong dollars, but he also made the other party owe him a favor.

More importantly, when competing with Jardine for the Wharf, HSBC executive Shen Bi came forward to mediate. This stock transfer also gave Shen Bi face and provided huge human support for subsequent acquisitions of Hutchison Whampoa.

With the help of Bao Yugang and Shen Bi, the matter was already half successful. When HSBC held a board meeting to decide whether to sell Hutchison Whampoa, the other two directors, Yihe and Swire Taipan, who would definitely oppose it, actually lost their jobs due to emergencies. I didn’t come. To say it was a coincidence would be too much!

Therefore, if you think about it for a moment, all of this is just a layout. Although the real purpose of Li Jiacheng's acquisition of Wharf has not been recorded in later generations, it is impossible for someone who can lay out such a big picture not to predict the inevitable surge in stocks and the strong enemy Jardine Matheson. After all, even a layman like Xu Zhi knows that unless it is a friendly acquisition or no expense is spared, the real way is to acquire slowly and secretly.

Lao Li's layout is so deep and terrifying...

Of course Wang Liming doesn't know all this now, and said: "If Pao Yugang really wants to seize Wharf, this will definitely be the most fierce battle since the Hong Kong stock market. It is estimated that even Land Drinking Milk will not be able to compare."

Xu Zhi said with a smile: "But this is also an opportunity for us. Although you and I both think that Bao Yugang will not give up the acquisition, after all, he has just made a promise to everyone in Xiangjiang, and the people from Yihe have been in trouble in recent years." Yue must be keeping an eye on him, so he probably won't make acquisitions recently, at least not on a large scale.

At present, Wharf's stock price is relatively low, and a large amount of speculative funds have been withdrawn. Now is the best time for us to enter the market. "

Wang Liming said: "Xu Sheng, is our acquisition front a bit too long? Although we have financing from HSBC, Hutchison Whampoa and Cheung Kong Holdings want to acquire enough shares. Our funds are already stretched thin, and now we have to add more." Go to this Wharf..."

Xu Zhi waved his hand and said: "It doesn't matter, I will transfer the funds again. Wharf's stock is actually speculative in nature. I just want to acquire part of it. When the charter king and Jardine really show off, this stock will not only become sky-high, but also Earn a favor!”

Wang Liming nodded and said, "Okay, how many goals should we set?"

Xu Zhidao: "Let's acquire slowly first! In fact, except for Qingzhou Yingni, the other three companies are acquiring slowly over the long term. After a while, when Midea's capital turnover comes over, I will give you more funds."

Although Xiangjiang Cube is popular in the United States and is even more playable than Space Invaders, due to its nature as a casual game, it swallows game coins far less quickly than Space Invaders. This has also led to the dissatisfaction between the United States and Japan. The owners of arcades and bars are more inclined to buy more Space Invaders, Xiangjiang Cubes, as long as they are available.

Historically, in 1978, in the United States alone, Taitung Company made a huge profit of 120 million US dollars with Space Invaders. However, the current Xiangjiang Cube's net profit in the United States is only about 3 million US dollars a month. Counting Japan and In Europe, Asia and other regions, Midea's monthly net profit is almost over HK$20 million.

The 50 million Hong Kong dollars mobilized last time has basically been almost all of Midea's profits. Now, almost a month has passed, and a lot of profits have come in. However, considering York's refrigerator department acquisition plan, funds have begun to be extremely tight.

Half of the 120 million Hong Kong dollars gained from the original bet on Wharf was used for the early acquisition of Hutchison Whampoa, while the other half was in the United States. Although it had advanced capital for Midea's business before, Midea paid back the money after the arcade funds were returned. passed.

Xu Zhi has another investment plan for the US$10 million in the United States, and this money cannot be touched for the time being.

However, once Tank Battle and Pac-Man are on the market, all financial problems will disappear. Although low-level games like Space Invaders are popular for a while, they are not classics at all. Once people get tired of playing them, they will be tired of them! Even Pac-Man is like that to an extent!

The classic games are Tank Battle and Xiangjiang Cube. Especially Tank Battle, it is enough to change the world's concept of shooting games. Once these two games are released, Midea's profit margin will definitely not be lower than that of the current Taidong Company.

What's more, although the profit of Xiangjiang Cube is not as good as that of these shooting games, it is more stable and will provide a stable and good cash flow.

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