Reborn Tycoon Rise

Chapter 202 Battle for Hutchison Whampoa (11)

At about the same time, Wang Liming reported to Xu Zhihui: "Xu Sheng, the matter in the United States has been settled. The transaction of 51% of the equity has been completed. The contract and stock-related documents have been carried by a dedicated person, and we are on the flight to Xiangjiang. .”

"Okay, this matter is finally over. I want to see what Shen Bi's expression will be?" Xu Zhi asked with a happy smile: "How much Hutchison stock do we have now?"

Wang Liming said: "Li Jiacheng has been busy acquiring shares of Cheung Kong Holdings these days and is unable to take care of Hutchison Whampoa. I have acquired a lot more in the secondary market. Now, we have almost 25% of the shares."

"25%?" Xu Zhi frowned and said, "So it should be about the same as Li Jiacheng!"

Wang Liming nodded and said: "According to the calculations of our analysts, it should be about the same, unless Li Jiacheng has extra funds to make a secret acquisition."

Xu Zhidao: "Now it depends on whether we can deal with Shen Bi. As long as he stops, we will be sure of victory."

Wang Liming nodded and said: "Yes, it's a pity that our acquisition of Cheung Kong Holdings failed, otherwise Hutchison Whampoa would have acquired it directly."

Evergrande and Li Jiacheng have been raising prices in the stock market to acquire shares of Yangtze River Holdings. However, this acquisition war has been difficult from the beginning because Li Jiacheng holds nearly 38% of Yangtze River shares, while Evergrande holds less than 20%. In terms of funds, Shen Bi worked hard to help Li Jiacheng. Evergrande did not have an advantage in this regard. In the end, Li Jiacheng successfully acquired 49.9% of Yangtze River shares, and at that time Evergrande's Yangtze River shares only accounted for 28%!

Xu Zhi said with a smile: "It's a pity, but we didn't really expect to acquire Yangtze River Industries at the beginning. Now that Li Jiacheng is heavily in debt, our goal has been achieved, and the main business of Yangtze River Industries at present is with many British companies." Zihuazi consortium has joined forces to develop the land. Even if we really obtain the controlling stake of Yangtze River, I am afraid we may not be able to maintain so much cooperation!"

Cheung Kong's land reserves are terrifying, but most of them are in places such as the New Territories. It is estimated that it will take ten years to get returns. In fact, most of the land in Yuen Long, Kowloon and other places are owned by Cheung Kong and some established companies. The company jointly operated their previous land. The reason why they chose Li Jiacheng was because of Lao Li's deep involvement in the land industry. If there was another person, there would probably be great fluctuations in the cooperation.

Wang Liming smiled and said: "According to our estimates, in order to increase the equity of Cheung Kong Holdings to 49.9%, Li Jiacheng personally spent at least 500 million Hong Kong dollars, which is his personal debt."

Xu Zhi asked: "What do you mean?"

Wang Liming said: "When fighting for Hutchison Whampoa, the funds used were Cheung Kong Holdings' money, but Li Jiacheng's acquisition of Cheung Kong Holdings shares was his own money, that is, funds lent to him by HSBC alone. This money needs to be repaid by him alone. Yes, Li Jiacheng's main asset is Cheung Kong Holdings. Although there are some properties and shares in other areas, they are far less than HK$500 million.

No matter how good the relationship between Shen Bi and Li Jiacheng is, he will not have to pay back the loan. The only way for him to repay the loan is to transfer funds from Yangtze River Holdings. However, Evergrande currently holds 28% of Yangtze River Holdings. Equity is also one of the major shareholders, and the company's earnings are increasingly related to us. "

Xu Zhi understood and said with a smile: "Okay, you immediately arrange for someone to go to Yangtze River Industrial. According to the company law, we are already directors of Yangtze River Industrial. We must also participate in some of the company's policies. We must not allow some major shareholders to use the company's funds." Public utensils for private use.”

Wang Liming smiled and said, "No problem, I'll go right away."

HSBC Headquarters:

Shen Bi looked at the latest newspaper and frowned in thought. Now he has begun to have a headache about Hutchison. From the beginning, he just wanted to cultivate a few Chinese families in Xiangjiang and use them to make good friends with the north. Li Jiacheng is one of them.

However, things began to change seriously. An unknown new tycoon began to rise. A few months ago, he also intended to acquire Hutchison Whampoa shares from HSBC. If he hadn't been negotiating with Li Jiacheng for a long time, he might actually do it. Consider this.

I thought it was just an incident, but what I didn't expect was that after I transferred Hutchison Whampoa shares to Li Jiacheng, it triggered the first battle for Chinese capital in the history of Hong Kong, with billions of funds used, and HSBC was also dragged into it. He got into the chariot and got stuck deeper and deeper, so much so that it is now difficult to get out.

The assistant came over and said: "Chairman, Mr. Xu from Evergrande is here."

Shen Bi came back to his senses and said, "Invite him in."

After a while, Xu Zhi and Wang Liming came in. Xu Zhi smiled and said hello: "Mr. Shen Bi, I haven't seen you for more than half a month. How are you?"

Shen Bi said: "It won't take long, Xu Sheng, please sit down."

Xu Zhi sat down and Shen Bi asked, "I wonder why Xu Sheng met today?"

Xu Zhi smiled and said, "Mr. Shen Bi, the recent farce caused by Hutchison Whampoa should end."

Shen Bi said: "How to end the law? Could it be that Xu Sheng is planning to give up his shares?"

Xu Zhi shook his head and said: "Of course not. I just hope that Mr. Shen Bi can see the current situation clearly and there is no need to invest HSBC's funds into this bottomless pit."

"Xu Sheng doesn't have to worry about HSBC's investment strategy." Shen Bi said: "I heard that Xu Sheng has obtained 28% of the shares of Cheung Kong Holdings and 25% of the shares of Hutchison Whampoa. In fact, from the data If you already have most of the benefits of Hutchison Whampoa, why do you have to compete with Li Jiacheng?

Xu Sheng, your main business is in the electronics field. Even if you get Hutchison Whampoa, you can only hire professionals to manage it. Why not just accept Li Jiacheng? His business ability is obvious to all! "

Xu Zhidao: "One mountain cannot tolerate two tigers, it's that simple."

Shen Bi smiled and said, "Okay, then I'm curious about why Xu Sheng persuaded me to give up supporting Li Jiacheng?"

"It's very simple, something like this!" Xu Zhi handed over a portfolio.

Shen Bi took it curiously, opened it and took a look. His expression immediately changed, but he quickly returned to normal and asked calmly: "There are only a handful of people in HSBC who know about this matter, not even the board of directors. Are you?" How do you know this?"

Xu Zhi said with a smile: "HSBC has been staying in Xiangjiang for too long. Do you think that the only place in this world where you can get information is?"

Shen Bi nodded and said, "Indeed, I was negligent and kept the secret in Xiangjiang, but there are many people in the United States who know."

Xu Zhidao: "So I don't know if the shares of SITC Bank can help Mr. Shen Bi make a correct choice!"

There are still a few more chapters to be written about this acquisition. If you don’t like too much process, you can wait a few days and skip directly.

Everyone has their own preferences for radish and green vegetables. Some people like the detailed process, and some people like to see the results directly. As long as everyone is happy

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