Hong Kong Stock Exchange:
"It's up, it's up, Hutchison is up, the single stock has exceeded 2.8, and it's still rising." In the Hong Kong Stock Exchange, countless securities operators looked at the blackboard in front of them, and the position of Hutchison's stock was constantly being updated. , every ten minutes, there will be a few cents increase. To outsiders, this is not a big increase, but for a giant company with 300 million shares, a one-cent increase represents hundreds of millions of shares. Thousands of Hong Kong dollars.
"It's made, it's made, we've made a lot of money." Many people in the securities exchange were so excited that they almost cried. Among the crowd, the middle-aged man Lao Wang and his curly-haired friend almost burst into tears. They made a lifetime's profit in half a day. Such wealth would make anyone cry with joy.
"Do you want to throw it away now?" the curly-haired man asked.
"No, wait a minute, a lot of money has entered the market now, and there will definitely be big moves next." Lao Wang felt that the wealth in one life was not enough, and he wanted to earn more in a few more lifetimes.
Similarly, everyone at the stock exchange is so excited. Although Hutchison's stock has become a penny stock, it will inevitably rise sharply if someone buys it. Looking at the stock's rise, the person behind it will definitely not succeed. Won't give up.
In the stock exchange, shouts and calls were heard one after another, and Hutchison Stock took away all the light.
In a corner, Qi Dezun looked at the cheering crowd with a deep expression on his face. Next to him, Hutchison Vice President Richard also remained silent.
After a while, Hutchison's stock rose to HK$2.9, and with no intention of stopping, Qi Dezun asked slowly: "Those wallet accounts are still buying Hutchison's stock?"
"It's collecting, not stopping." Richard nodded slightly and said.
"Which family is behind this?" Qi Dezun clenched his fists and said angrily.
“I have used all my contacts in the past few days, and I don’t know who it is, but a friend from the bank told me that the funds of the person who acquired Hutchison may come from overseas.” Richard said.
"Overseas?" Qi Dezun frowned. There are too many overseas consortiums. Who knows which one it is?
The securities market was still so lively. Qi Dezun and others walked out. Ironically, the Hong Kong Stock Exchange was inside the Hutchison Building. They and the top management of Hutchison were watching others in their own territory. The acquisition of Hutchison stocks, but no one can even find out.
After returning to his office upstairs, Qi Dezun asked: "Can you find out how many stocks the other party already has?"
Richard replied: "We have traced the data transactions in the stock market from the beginning of the year to now, and roughly estimated that the other party already has at least 20% of the shares. Considering that the stock price has been falling last year, the data cannot be confirmed and there are many The small shareholders have sold their shares individually, and the other party’s shares are estimated to be 30%, possibly more.”
"That is to say, the other party may already be the largest shareholder." Qi Dezun said with a frown. During this period, he also tried to find some connections, but now with Hutchison's situation, seeing him is like seeing the god of plague. There is absolutely no way. , can only watch the acquirer who does not know who is constantly increasing its share of the stock.
"It's possible, but the other party hasn't shown up yet, which is very strange." Richard said.
Qi Dezun thought for a while and said: "The only explanation is that the number of acquisitions has not yet reached his target."
"They want to acquire more." Richard said in surprise. In general, acquisitions between companies are basically equal to 33.4%. In this case, other shareholders cannot overthrow the major shareholders unless they unite more than 50%. status, but if it already holds more than 40%, then even if all other shareholders oppose it, they will not be able to gain greater voting rights.
Of course, it becomes more difficult to acquire Hutchison later in life, especially now that everyone in Hong Kong knows that Hutchison is being acquired.
"Richard, immediately make a list, which should include all the core figures of the entire Hutchison Group. We need to make an agreement. No matter who acquires Hutchison, if they only invest, that's it. But if they If we want to change the management, we must unite. Hutchison's business involves hundreds of types, and it is absolutely impossible for an outside team to easily get started. As long as we unite, once the other party sends any management personnel, we will all strike immediately." Qi Dezun thought for a while and said.
"Okay, I understand." Richard nodded. The other party has taken control of the equity. From a legal perspective, his side has no room to object at all, but as long as his side really advances and retreats together, the other side will have to bow his head. Otherwise, the whole Hutchison will be in chaos. When Hutchison is so heavily in debt, no buyer will be careless.
This seems to be the only way for Qi Dezun to save himself.
Prince's Building, Galaxy Company Headquarters:
"Sheng Chen, we have acquired 2.8% of the shares from seven shareholders in the UK. Together with the acquisitions in the stock market in the past few days, we already have 40.1% of Hutchison shares. It's just that there are a lot of shares in the secondary market. Other capital and small investors are hoarding Hutchison shares in large quantities. If we want to acquire the remaining 5%, I'm afraid it will cost a lot of money." In the conference room, Zhou Jiayang was reporting on recent results.
"The stock price has risen to 4 yuan, which is three times what it was when we started the acquisition." Chen Zhiwen also knows these things. According to the current price, his target is 45%, which means it will cost 50 million Hong Kong dollars to acquire it. The last 5%, but actually if you enter the market, it will only cause greater speculation, and the stock price may increase several times. For example, in the last battle of Pao Yugang's acquisition of Wharf, the stock price directly soared to 105 Hong Kong dollars. , and before it was usually only 20 or 30 Hong Kong dollars.
This is what acquisition wars are like. The cost of sneaky acquisitions in the early stage is very low, but in the later stage, too much money enters the market, and the cost will rise sharply. If Hutchison's equity interests were not completely dispersed, and the stock has been reduced to a penny stock in the past two years, It is impossible for Galaxy to acquire 40%, or even 25%, unless it takes several years to slowly acquire it like Wharf.
"Yes, the cost is too high. Since we already have 40% of the equity, HSBC has no objection. We can directly take over Hutchison Bank, and then conduct a private share increase to increase our equity. This cost It will be reduced a lot." Zhou Jiayang suggested.
"Okay." Chen Zhiwen nodded and said.
"Dong dong dong" At this moment, there was a knock on the door. An Qi came in and said, "Sheng Chen, Mr. Shen Bi from HSBC Bank has a call."
"Okay, pick it up." Chen Zhiwen said, because his office phone often received advertising calls, such as buying a house or a car, so he often asked the telecom staff to set up the transfer function. First, the assistant answered the call, but it was useless. The ones that are directly filtered out and the useful ones are introduced again.
"Then I'll go out first." Zhou Jiayang felt that he was not suitable to stay here anymore.
"It's okay, it probably has something to do with Hutchison." After Chen Zhiwen signaled that he didn't need to leave, he picked up the phone and said, "Hello, Mr. Shen Bi."
"Hello, Mr. Chen." Shen Bi smiled on the other side and said, "There is one thing I didn't tell you before. We at HSBC have actually been holding 3.58% of Hutchison's stock."
"Then Mr. Shen Bi means that you can resell it to me." Chen Zhiwen was overjoyed. At this time, he called to tell himself that he had no other purpose, so he said: "I am willing to buy HSBC's shares at a price of HK$6 per share." All Hutchison shares.”
Although it is 50% higher than the current market price, in fact, if you want to acquire so many stocks on the market, the price will definitely be higher and it will take a lot of time. The most important thing is that the transaction with HSBC is This explains HSBC’s attitude.
"Okay, you can send someone over to sign the contract when you have time. If there is no problem, we can trade on the spot." Shen Bi said.
"Okay, I'll send someone right away." Chen Zhiwen said.
The two hung up the phone after polite greetings. Chen Zhiwen said to Zhou Jiayang: "HSBC holds 3.58% of Hutchison's shares and is willing to sell them to us. Go to HSBC immediately, An Qi, and ask the legal department to prepare the contract, and then Fax to HSBC.”
"Okay." Zhou Jiayang agreed, and then said: "With HSBC's stock, we only need to acquire a little more on the stock market to reach 45%. As long as it is announced, we can directly take over Hutchison Group. "
"Yes, we will announce it as soon as we get the HSBC shares." Chen Zhiwen took a deep breath and said, "Shen Bi is willing to sell his shares to me, which is enough to show his attitude."
After staying in Hong Kong for three years, I finally want to take a stab at the most powerful British capital in Hong Kong. This stab is directly like a dragon-slaying knife, leaving the other party without any chance to resist.
(End of chapter)
