87 Progress of Hutchison Acquisition

Style: Romance Author: Underwater wild fishWords: 1980Update Time: 24/01/12 05:01:04
"Wine? So you are still a noble?" Chen Zhiwen said with a smile. The aristocratic culture is very popular in the UK, and even some Chinese in Hong Kong want to obtain this "hypocritical" honor. Many British aristocrats have inherited it. It is difficult for modern commerce to be passed down stably by relying on the legacy of ancestors, but land and castles can, and European farms are not used to grow wheat. Therefore, some declining nobles in Europe have started to operate red wine or Wine business.

"It seems to be some kind of noble, I haven't seen it before. Their family entrusted this house to an intermediary agency." Li Haonan said.

"Let's go take a look first." Chen Zhiwen looked at the exterior of the villa, which was similar to a European style. The whole family was close to a circle, and there was a dome at the top, like a small palace. Before the 1970s, Hong Kong basically They are mainly British-owned, and this kind of top-notch villa naturally serves the preferences of the British.

A small number of Chinese people will pretend to like someone in order to be gregarious. Of course, they may also be sincere.

The seller's agent also rushed to the scene and introduced the property to several people.

All the walls of the villa are made of concrete, and the rest are made of floor-to-ceiling frameless glass from Germany. The exterior is made of travertine, composite wood, and carved stone. There is a 2,000-gallon aquarium inside, and there are so many animals in it that Chen Zhiwen can’t even name them. The name is fish. Each of the several rooms has a bathroom and a special storage room. From many rooms, you can directly see the sea view in the distance and the buildings on the other side of the sea.

"Sheng Chen, what do you think?" the agent asked with a smile.

"It's too European-style, and the decoration is a bit old." Chen Zhiwen said calmly.

"In fact, these are not problems. The decoration can be renovated. Chen Sheng can choose his own style. And if Chen Sheng doesn't like European-style buildings, he can also knock down the entire house and rebuild it." The agent smiled directly and said: "This The location of the land is the most important thing, Chen Sheng is also in the real estate business, so he should understand this truth."

Chen Zhiwen glanced at the agent and said nothing. After continuing to walk around the house, he said to An Qi: "Next time, I will bring my parents over to have a look, but just for a look. I will decide other things."

"Okay." An Qi nodded and said.

Chen Zhiwen then said to Li Haonan: "That's it, let's look at other houses."

"Okay." Li Haonan said.

"Let's go then." Chen Zhiwen said to the driver beside him, who immediately walked out to prepare the car.

The villas in Repulse Bay are very precious assets for many Hong Kong rich people. Buying a residence will definitely be regarded as a future achievement. However, for Chen Zhiwen, this is only temporary. Victoria Peak is his goal, regardless of In terms of living experience, views, and representative status, Victoria Peak ranks first in Hong Kong, while Repulse Bay cannot compare.

Chen Zhiwen naturally won't pay too much attention to a transitional villa. Just let's talk about the price. Let his parents take a look. In fact, he just wants to ask his opinion on the decoration and architectural style. If he doesn't like it, he can renovate it now or renovate it. It’s still not too late to tear it down and rebuild again.

The most important thing at the moment is naturally the acquisition of Hutchison Group shares.

"15.1%, the recent acquisition speed has dropped a lot?" In the office, Chen Zhiwen looked at the curve table of recent acquisitions and asked with some emotion.

"Sheng Chen, in more than 3 months, I acquired 15%. It has not caused much fluctuation in the stock market and has not been noticed by anyone. This is basically the limit. If Hutchison's stock is not in a special period now, Under other circumstances, it is almost impossible to do this." Zhou Jiayang, who was responsible for the acquisition, said somewhat helplessly.

"Indeed, the market has not had any big fluctuations and has done very well. Do you think Hutchison's management has discovered it?" Chen Zhiwen nodded and said.

Unlike stocks such as Cheung Kong Holdings, which has just been listed, Hutchison Group, which has a history of a century, has extremely dispersed equity. It is also the only foreign company among the four major foreign companies in Hong Kong that is not controlled by a "family", that is, most of its stocks are on the market. Circulation, a large number of investment institutions and individual holdings control Hutchison Group.

This makes Chen Zhiwen’s acquisition much simpler. The more shares are circulating on the market, the harder it will be for people to discover the acquisition. However, if the acquisition is too powerful, the transaction volume will still be far higher than before. Or market forecasts, which will also make people find abnormalities.

Fortunately, these few months have been the most difficult period for Hutchison Group. All major businesses have suffered huge losses and their debts are extremely heavy. At the same time, due to the rise in interest rates in the United States and the rise in global interest rates, Hutchison's debts are also facing huge interest pressure. , many negative factors caused the market value of Hutchison Group to drop from its peak of HK$7 billion in March 1973 to more than HK$400 million in December 1974, and this price has been maintained to this day.

When many parties were not optimistic about Hutchison, a large number of investors sold their stocks. Zhou Jiayang arranged hundreds of stock accounts to conduct entry purchases in batches, and occasionally sold some appropriately in order to stabilize the stock price and avoid unnecessary losses. The entry of a large amount of funds caused the stock price to rise too much, and people discovered it.

"It's hard to say that most people don't know the trading situation of Hutchison stock, but Hutchison itself and some large banks and financial institutions can still see the clues." Zhou Jiayang thought for a while and said: "But the premise is that they feel that Hutchison The stocks are being targeted. If we have this idea and then check the transaction records, we will most likely be exposed."

"In the current situation, even if it is exposed, no one may dare to intervene." Chen Zhiwen said with a smile. Hutchison is now a complete mess. In the original history, after HSBC gained control of Hutchison, it was quite difficult. Yu gave Hutchison a strong mortgage guarantee, which suppressed various banking institutions and investment companies that were collecting debts. Otherwise, Hutchison would never survive this year.

The reason why Shen Bi did this was to ensure that his own interests would not be lost, because at that time Hutchison owed HSBC hundreds of millions of Hong Kong dollars. Once Hutchison went bankrupt, HSBC would lose 2-3 years of net profits in vain. This loss was huge. , it is enough to break the muscles and bones, and it is also a very big black spot for Shen Bi's career, and he may not even be able to keep his position in the top class.

However, the subsequent survival of Hutchison was not because Shen Bi hired the famous "corporate doctor" Wei Li to run Hutchison, but because Hong Kong land prices began to rise in 1976, and Hutchison's assets increased significantly out of thin air. the entire company.

Of course, Weili is also somewhat capable.

(End of chapter)