The rise of Hong Kong's wealthy families

Three days later, Mandarin Oriental Hotel Cafe

The investment in the Japanese dollar exchange rate has all been received. He Jiahao has personally earned a profit of 1.28 billion yuan, with a capital of 1.57 billion yuan. Now is the time when the wealth is strong, so naturally he wants to acquire China Gas, the hen that lays golden eggs.

So, he met with John Madden, chairman of Wheelock Company, here to discuss the sale of 26% of the shares of Towngas Company, which was expected to cost 260 million.

"Mr. Madden, thank you very much for taking time out of your busy schedule to see me." He Jiahao stood up and shook hands with John Madden, with a smile on his face.

The fact that John Madden agreed to attend the appointment proved that he was personally willing to sell his shares in Towngas.

He Jiahao knew that even if HNA was showing signs of decline, it would not change Madden's belief that "ships are moving assets", let alone prevent the implementation of the plan to "profitably throw bulk cargo".

Beginning in the 1980s, shipping king Bao Yugang would try his best to sell his ships for real estate, but he failed to alert Madden, which shows the Madden family's dedication to shipping.

"Hello, Mr. He! I like drinking coffee at the Mandarin Hotel. If you hadn't invited me here, I don't know when I would have time to have a cup." Madden responded to He Jiahao in his own way.

"Haha, the coffee at the Mandarin Hotel is indeed very good, and the environment is also good." He Jiahao echoed Madden's words.

It was rumored that John Madden was so happy with his success that he "only wanted the shell, not the meat." After several interactions, Ho felt that it was not groundless, and that John Madden indeed preferred fame.

The two chatted for ten minutes. Madden took a sip of coffee and asked with a smile, "I wonder why Mr. He came out to me?"

"I personally heard that Mr. Madden intended to sell his China Gas, so I made an appointment to see if I had a chance to buy it?" Ho Ka-Hao said with a slight smile.

"Mr. He, who did you hear this from?" John Madden asked quietly.

"Haha, it was all reported by my subordinates. As for the specific source, I didn't ask about it." He Jiahao directly put the blame on his subordinates. It was impossible for Ma Deng to verify it anyway.

"I have no plans to sell the China Gas Company for the time being. The China Gas Company is a very good industry and can bring huge and stable profits to Wheelock." Madden said thoughtfully.

No plans to sell?

Then why are you out?

Are you kidding me? It’s nothing more than wanting to sell it at a high price.

"I think Mr. Madden should listen to my quotation first before making a decision." He Jiahao said with a smile.

"Okay, Mr. He, please speak." Madden stretched out his hand to indicate that He Jiahao could continue.

"I am willing to pay a premium of 30%, 9.1 yuan per share to acquire it."

Hearing the price, Madden showed hesitation, but only for a moment, then shook his head and said, "Sorry, Mr. He! China Gas Company is not selling it for the time being."

Not satisfied!

Then add more.

"40%, 10 yuan per share." He Jiahao gritted his teeth and said with a bit of pain.

Seeing He Jiahao's look, Madden seemed to guess that this was He Jiahao's reserve price. Although China Gas Company was of high quality, he was now buying a large number of ships and needed a lot of funds, so he pretended to be thoughtful and said in pain, "Mr. He is so sincere. It seems that he likes China Gas Company very much. You Chinese have an old saying, 'A gentleman has the beauty of adulthood'. We are also friends, so I will help Mr. He."

"Thank you Mr. Madden for your help. Mr. Madden is a true gentleman. Come and drink to our friendship." He Jiahao raised his cup, clinked it with John Madden, and took a big sip of the coffee.

Together with Wheelock's 26% stake in Towngas Company, Ho will soon hold 42.7% of the shares of Towngas Company and become the largest shareholder of Towngas Company.

Acquired 31.2 million shares of China Gas from Wheelock at NT$10 per share, totaling NT$312 million. The remaining NT$1.258 billion earned from the stock market was NT$1.258 billion.

After discussing with John Madden, He Jiahao went directly to Standard Chartered Bank.

"Qian Sheng, please help me pay off the 300 million leverage loan from Wharf." He Jiahao ordered.

"Okay, I'll do it right away."

After a while, Qian Jun came back with the cancellation letter. He Jiahao took a brief look at it and began to give the next order, "Take out 600 million from my account and buy all the gold. How long will it take to complete?"

"Two days." Qian Sheng thought for a while and said.

"What is the price of gold now?" He Jiahao asked.

"$268/oz."

He Jiahao nodded, and then asked, "What is the share price of Hepu International Company? How many individual stocks are there on the market?"

Hearing this, Qian Jun was stunned, and a thought came to his mind, "Maybe He Sheng wants to acquire Hepu International." However, he quickly reacted and answered after a while, "12.2 yuan per share, yes." 23 million individual shares.”

The total share capital of Hepu International is 400 million shares, and 23 million shares only account for 5.75%, which is actually a very small proportion.

"Okay, take out 350 million from the account, use five times the leverage, and buy the shares of Hepu International with all your strength. Don't alarm the market first, just buy slowly." He Jiahao gave the order.

It is now November 1978, and there are still nine months left before Li Jiacheng acquires HSBC Bank's 22.4% stake in Hepu International, leaving He Jiahao plenty of time.

"He Sheng, do you want to acquire Hepu International? If it is an acquisition, it would be more appropriate to discuss it with the president now." Qian Jun persuaded He Jiahao regardless of his identity.

This is a very large acquisition. Both commission and project experience are unpredictable. For Qian Jun, this is a very rare opportunity, so he naturally dares to say a few words.

"If Standard Chartered Bank can help me get the Hepu International shares held by HSBC, I will definitely acquire Hepu International." He Jiahao smiled slightly. He knew that HSBC's chief executive Shen Bi would not be able to acquire Hepu International. shares to others because Shen Bi has selected Li Jiacheng, the middleman, who is involved in HSBC's expansion plan.

"He Sheng, I don't know if I can get it. Let me take you to see the president first. You can discuss it carefully." Qian Jun said anxiously.

He Jiahao thought for a while, but chose to buy part of it secretly first, and refused, "Qian Sheng, let's talk about this later. Even if it is an acquisition, a part of it needs to be purchased secretly. HSBC's 22.4% equity is not very stable."

Qian Jun wanted to persuade him again, but He Jiahao waved his hand and interrupted, "That's it, I have my plan, Qian Sheng."

"Yes!" When Qian Jun saw this, he could only give up, which made He Jiahao disgusted and made him lose more than he gained.

Qian Jun's persuasion, of course, caused huge waves in He Jiahao's heart, but he thought that he had insufficient funds and did not have the support of HSBC regardless of gains and losses. Moreover, the 22.4% share gap cannot be made up by funds alone.

"It's better to pick up the wool. Hong Kong Electric's assets are not bad." He Jiahao sighed helplessly. He still lacked confidence. This kind of thing is closely linked, and he didn't dare to underestimate this guy Li Jiacheng. If he was If you pull a trick, the loss will be huge.

Rumors from the past life all say that ‘Li Jiacheng won Hepu International without spending a penny’, which was inseparable from the strong support of HSBC. Even British-owned companies said that ‘Shen Bi is not British’.

As you can imagine, the support is overwhelming and shocking.

Don’t forget, HSBC is one of the ‘controllers’ of Hong Kong.