"The Hutchison Shareholders Meeting is held, and Chen Zhiwen is about to give in and Hutchison will be delisted from the Hong Kong stock market."
"Chinese business giants are about to fully annex Hutchison, creating a precedent for Hong Kong business."
"Huayang has changed hands, and Hutchison is still heavily in debt. Where to go? Please see this newspaper's analysis."
On the second day of the Hutchison Shareholders' Meeting, news spread that Chen Zhiwen was about to be fully delisted and privatized. After being blocked by reporters, Richard confirmed this matter. For a while, the entire public opinion in Hong Kong became heated again. .
Some media supported Chen Zhiwen in newspapers. The comprehensive acquisition of such a large British bank was something that the Chinese in Hong Kong had not dared to dream of for a hundred years. This generation has witnessed this business miracle and is naturally very supportive.
There are also those who oppose it. They believe that although Chen Zhiwen has some success, Hutchison's problem is the largest corporate-level debt crisis in Hong Kong's history, far exceeding that of Hang Seng Bank back then. Forget about acquisitions, full privatization will only add more The risk is that the privatization funds might as well be used to save Hutchison's current funding problems.
There are also many scoffers who think that some Chinese people are overestimating their capabilities and taking advantage of the debt crisis of British-owned foreign companies to forcibly acquire them without looking at how much they are capable of? In less than a year, Hutchison would be out of business, and whoever bought it would be bankrupt.
In the following days, all media and newspapers began to analyze, discuss and finally quarrel in their own media. Each had their own opinions, which made the entire Hong Kong melon-eating people join in the excitement. Of course, buying newspapers also cost a lot of money.
Cheung Kong Industries Headquarters:
After reading several newspapers, Li Jiacheng said with some confusion: "Lao Hu, Chen Zhiwen's purpose is obviously to privatize Hutchison. It's a pity. If this money was given to Hutchison, Hutchison's current problems would be solved. It’s a lot, so it’s not like we are releasing news that we are selling our assets, properties and some branches.”
"Maybe he is too young and is pursuing sole proprietorship?" guessed the middle-aged man sitting opposite Li Jiacheng. This man is Wu Yingxiang, the founder of Wohe Holdings, one of the five real estate giants in Hong Kong.
Although they are all the real estate giants, this title is just a title given to these five Chinese-funded giants by the Hong Kong media, and it is only limited to Chinese-funded giants. In today's Hong Kong, the real estate controlled by Chinese-funded companies is actually just the tip of the iceberg. The five real estate giants combined cannot compare to traditional British giants such as Land, Hutchison Whampoa, Wharf and Swire.
Therefore, the relationship between the leaders of the Five Tigers is still very good, and they often advance and retreat together in the shopping mall. In the short term, there will not be any conflicts between them, and they also work together on many projects. Develop, take risks and profit together.
Their strategy has always been to rely on their understanding of the real estate market and excellent operational capabilities to acquire land from British companies or cooperate with British companies, and then make profits. However, they dare not think of acquiring a large British consortium. thing!
Huazi is born with the gene of liking holdings. If they acquire Hutchison, they will definitely find ways to do the same thing within their capabilities.
"It's not like that. I met Chen Zhiwen once. Although we didn't communicate much, my feeling at the time was that he was very confident and seemed to be absolutely sure of what he was doing. Judging from the time, he should have been planning and planning at that time. Forget it, what you did today should have been prepared a long time ago." Li Jiacheng said.
"It's also possible that he thinks Hutchison is too bloated and wants to throw away all those small businesses, travel light and focus on other core businesses?" Hu Yingxiang said.
Li Jiacheng nodded and said: "It is possible. When it comes to privatizing Hutchison, he should be very confident in his ability to run Hutchison well and is unwilling to share the results with other shareholders."
"I heard that Chen Zhiwen used high-risk leverage to speculate on industrial land in the past two years. Now in Hong Kong, industrial land has risen the fastest. Looking at it this way, he has either closed his eyes and To bet on the market, you either have to be really confident." Hu Yingxiang said with an moved expression.
"The latter is obviously more likely. He must be so confident." Li Jiacheng said with a smile: "The demand for this drink exceeds supply in the United States, and the price is still so high. If Red Bull were mine, I would dare to buy Hutchison." .”
"Even if he is capable, it's too late for you to envy him." Hu Yingxiang shook his head and said, "It's only been a few years since Hutchison debuted. If Hutchison succeeds in bringing Hutchison back in the future, then he will be our Chinese capital." It’s your head, we don’t recognize it from the media!”
"It's okay not to admit it. Hutchison has too many high-quality assets. British capital didn't develop the land before, and it was wasted for so long. I just don't know if Chen Zhiwen will do it?" Li Jiacheng said with a smile.
Hu Yingxiang paused and said, "Lao Li, this is the purpose of why you called me here today, right? Are we going to cooperate with Hutchison? Help him develop land?"
"I have this idea. No matter how capable Chen Zhiwen is, he has no real estate-related experience, let alone a team. It can take anywhere from five to ten years. It is simply impossible for him to develop it by himself. I estimate that with his shrewdness, he will not be able to develop it himself." Maybe if we really wait that long, we will definitely find ways to develop the land in our hands, and this is our opportunity." Li Jiacheng said with a smile.
"You also said that if you are so smart, you will cooperate with us?" Hu Yingxiang asked.
"So, we have to give Chen Zhiwen what he needs most now, funds." Li Jiacheng said with a smile: "No matter how good the efficiency of Red Bull is, while hoarding a large amount of land and acquiring Hutchison, we still have to face Hutchison. With a debt of one billion, he must be under great financial pressure, otherwise he would not have released the news to sell some land."
"Then you mean to buy these lands directly?" Hu Yingxiang asked.
Li Jiacheng shook his head and said: "That's not true. Direct purchase is also a method, but some of the positions released by Hutchison this time are quite good. Not only us, but other Chinese capital will also compete. This is similar to the Hong Kong government's auction. If we fight too hard internally, it will benefit Hutchison and increase our pressure."
"The purpose of Hutchison releasing the news is to attract interested people to compete. What do you want? Let Chen Zhiwen specifically choose to cooperate with you?" Hu Yingxiang asked with some confusion.
"Yes, what do you think of the way we cooperated with Wheelock before?" Li Jiachengcheng said. .
"That move is quite interesting. Maybe he will really agree, but our risk is too great." After hearing this, Hu Yingxiang thought about it and nodded.
"As long as real estate prices rise, there will be no risk." Li Jiacheng said with a smile.
Hu Yingxiang asked: "Since you have such a good idea, why do you still come to me?"
"Because of funds? No matter how I use the bank's funds, I have to spend money myself. Yangtze River Industry itself also has many projects, and the funds it can provide in a short time are limited, so I asked you, Brother Hu, to help." Li Jiacheng said with a smile.
"How much funding is needed?" Hu Yingxiang asked.
"I don't know. It depends on how many projects Hutchison is willing to take on, and how many we can win. To be specific, we have to talk to Chen Zhiwen and get you. I want to cover it all." Li Jiacheng said calmly. said.
"Hahaha, you are indeed Li Jiacheng." Hu Yingxiang gave a thumbs up and laughed.
(End of chapter)
