Hilton Hotel, in a junior suite:
"Qian Sheng, I asked you to come here today for the 1 million shares of Hutchison Company in your hand." Zhou Jiayang took off his sunglasses and said with a smile: "This is our offer."
"2.5 million Hong Kong dollars? You are so generous. You are the ones who have been buying Hutchison shares in the stock market during this period, right?" Qian Shengtong, a small shareholder of Hutchison, looked at the data on the napkin handed over and said with some surprise. Some time ago, Hutchison's stock made him feel something was abnormal, but he couldn't figure out what was going on. Later, Hutchison's investment in Indonesia had a fatal problem, but Hutchison's stock only fell slightly, and at the same time, the trading volume also increased. The sharp rise has made him, a veteran of the stock market, discover some clues. .
"It's better not to know too much about some things, Qian Sheng. The current stock price of Hutchison is about 1.5 Hong Kong dollars. We are offering 2.5 Hong Kong dollars per share. We are very sincere. Please think carefully and give me the money within one day." Reply, my phone number is right here." Zhou Jiayang handed over a business card with only one phone number on it, belonging to a grocery store. This grocery store was purchased with cash a few months ago. The current owner It is an overseas company.
The whole purpose is to try to prevent outsiders from discovering that the relationship chain can be locked to one's own company. Of course, this kind of thing will soon be hidden, but it is just to delay one day before the boss decides to make it public. It can always be saved. A lot of money.
"Okay, I'll think about it." Qian Shengtong nodded and agreed.
"Qian Sheng, time is limited, and I can't be sure when I will acquire enough shares, so I hope you can do it as soon as possible, and I think you also know that our offer is very high. With Hutchison's current situation, even if this acquisition is real If it is exposed, it may not be as high as our quotation." Zhou Jiayang said: "So I also hope that you can keep it secret. Once this matter is exposed, it will not be good for you."
"Okay, I will decide as soon as possible." Qian Shengtong said solemnly. When faced with the outbreak of acquisitions, it is a great test of the mentality of shareholders, because if you sell now, you can get money immediately, but in the future, it is very likely that the stock will rise even more, or not as much as now. There are so many possibilities, hundreds of thousands of Hong Kong dollars, which is very confusing.
"OK, I'm going to make an appointment with the next Hutchison shareholder. I hope to get the exact news about Qian Sheng as soon as possible. I'll treat you to this coffee. Goodbye." Zhou Jiayang put on his sunglasses and mask, greeted with a smile and left, leaving I bet on the Qian Shengtong that I have been thinking about.
In the following week, Zhou Jiayang met with dozens of Hutchison's minority shareholders. Suddenly, gossip began to spread in the market.
Galaxy Group Headquarters:
"Sheng Chen, you said before that we want to build a headquarters by ourselves. During this time, I have been looking for a suitable target. The Hong Kong government currently has no suitable land in Central, and there is no suitable target for the acquisition of old buildings. But I got another news. The Swire Group has a piece of land for sale in Admiralty, with an area of almost 35,000 square feet. The nearby commercial facilities are also pretty good. I think we can get it." Xu Jinhong, who is in charge of real estate business, brought some documents Walking over, these documents contained the shape, geographical location, surrounding map and other information of the land.
"Swire? The land in Admiralty is in a good location. Why are they selling it?" Chen Zhiwen looked at the terrain and asked casually. Although Admiralty is not as good as Central, it is within Hong Kong Island and is not too far away from Central. Not to mention the future, even in the past ten years, a large amount of capital has entered Admiralty. It is obvious that Admiralty will become the next commercial center. After all, one Central cannot satisfy Hong Kong's growing population.
"I heard that it is because a large amount of funds are needed to develop Taikoo Shing. Taikoo has actually sold a lot of land or properties in the past two years." Xu Jinhong replied.
"It seems that Hutchison's incident has made Swire not dare to go into debt too much. Such good land has been sold." Chen Zhiwen said with a smile and shook his head.
Hutchison expanded too fast at the beginning and took on various large-scale debts, which eventually led to itself falling into a debt deadlock. When this happens, other companies, even if they do not currently have such problems, will temporarily become conservative in their operations, including Jardine Matheson. Only Chinese capital has the courage and confidence to take advantage of the crisis to expand significantly.
In fact, whether it is a high-risk operation or a conservative operation, the most important thing is of course vision. If you have a vision, invest in the right direction, and choose the right time to do the right thing, you will achieve greater success.
Compared with the first generation of Chinese investors who came out of shopping malls, the current British investors rely on the shadow of their ancestors and have long since lost their real courage. Hutchison, the only one who dared to expand, was disgraced by the economic crisis. .
"What was this land originally?" Chen Zhiwen then asked.
"It's an old building from time immemorial, with only 5 floors. If we acquire it, it will be easy to demolish," Xu Jinhong said.
"What's the price?" Chen Zhiwen asked.
"7,200 Hong Kong dollars, this is just a conservative price. It is said that Cheung Kong Holdings and New World are very interested in this land." Xu Jinhong said.
"72 million, 2,000 Hong Kong dollars per foot? This price is not bad for the location in Admiralty." Chen Zhiwen nodded and said. He had already seen the location of this land, and it was indeed very good.
"This land exceeds our budget, but the location is really good, so I specifically informed the chairman." Xu Jinhong said.
"Well, okay, I'll think about it." Chen Zhiwen nodded and said, "Thank you for your hard work. I'm not sure whether I want this place, so you should look at other places first."
"Okay." Xu Jinhong agreed and then exited the office.
"An Qi, call Yang from the Zhou family over." Chen Zhiwen put the information aside, thought about it and said to An Qi.
Hutchison's matter can be said to consume a huge amount of funds. For this matter, his investments in the United States must be ready to provide funds for this matter. At this time, spending nearly 100 million Hong Kong dollars to acquire a piece of land will have an impact. It’s too big, no matter how good the land is, you still have to wait.
After Zhou Jiayang came over, Chen Zhiwen handed him the information and briefly described it.
"This location is very good. If we build a forty or fifty-story building, it will be very prestigious as our headquarters." Zhou Jiayang nodded and said. Although he is mainly responsible for securities finance, in Hong Kong, real estate and finance are not separated. Home, he naturally also knows the current situation of the real estate market.
"Yes, so the Hutchison matter must be settled quickly, otherwise, we will always be tied up during this prime time. It is a pity. Swire and Wheelock are very generous in selling assets." Chen Zhiwen shook his head and said.
Swire is due to Taikoo Shing, while Wheelock is due to its strategic shift and plans to put its main business on shipping. Both are ancient companies that existed hundreds of years ago. The land they bought at random back then is still used today. Every inch of land is precious. Now, for their own purposes, they are selling land at high prices, and the objects of purchase are the five real estate tigers headed by Yangtze River Industries. They also rely on these cheap land to make a lot of money.
"I have communicated with more than a dozen small Hutchison shareholders and am willing to buy their shares at 1.5-2 times the price just for a quick decision. Most of the shareholders have already sold to us, but there are still a few If you don’t agree, you probably know that we will definitely launch a takeover war and want to make more money later.” Zhou Jiayang said.
"How many stocks are there now?" Chen Zhiwen asked.
"35.3%." Zhou Jiayang replied: "The remaining Hutchison shareholders are either not in Hong Kong, or they don't know where they are. Some stocks have been resold many times and cannot be traced at all. I have arranged for people to go to the UK to find them. If we have a shareholder who knows the information, if we can succeed, we may be able to acquire about 5 more points.”
"It's already very good. We have absorbed almost all the circulating shares. Now everyone in the market basically knows that a consortium is acquiring Hutchison. They are just guessing which one it is. They want to directly reach 49.9%. We won't show up. It’s probably a bit difficult,” Chen Zhiwen said.
Although Hutchison has no major shareholders, and all stocks are theoretically in circulation, in fact there must be many people holding them for the long term, and there must be many real short-term investors, but the proportion will not be too large. If it were not for the first two Nian Hutchison's stock has plummeted. Under normal circumstances, even if there are no major shareholders, acquiring 20% of the stock within half a year will definitely cause the stock price to skyrocket.
Nowadays, although Galaxy has successfully acquired about 15% of Hutchison shares at a low price due to the incident at the Indonesian port, the huge trading volume will definitely arouse the vigilance of some people in the market. Once someone discovers anomalies, Then a large amount of hot money will also enter the market, which will make the acquisition more difficult for the acquirer.
"Then we will directly announce our acquisition plan. As long as we publicly acquire stocks and the price is in place, we can easily acquire another 10%. In this way, we will obtain the management rights of Hutchison." Zhou Jiayang said, This trick is about simplicity. When you spend money, even if you start with 0% of the shares, you can acquire any company when the money is in place.
The problem is money. He has been keeping a low profile for a long time in the acquisition and speculation of Indonesian ports. His only purpose is to reduce the initial procurement cost. Otherwise, if the early acquisition plan is exposed, let alone the acquired party will resist or ask for help. The white warriors who come to fund it are countless hot money, and those who want to get a share of the pie are enough to increase the cost of the acquirer several times. In this case, if the acquisition is not necessary, most companies can only give up the acquisition.
"Don't worry, you have to follow the previous plan to acquire as much as possible from shareholders. If it is announced, it will take a few days. I need to meet someone. This person is the important key figure in our acquisition." Chen Zhiwen said .
(End of chapter)
