"Someone has entered the scene? Can you find out who it is?" Chen Zhiwen put down his work and asked.
Nowadays, all the layouts in Hong Kong are basically completed, except for one Wharf, which is one of the two wings of Jardine, although it may not be inferior to Jardine in terms of financial resources now. , but he has never launched a forceful attack, because now Yihe is constantly weakening due to blood loss overseas, and he needs to wait for the best time.
"I can't find it. Apart from us, there are suddenly dozens of accounts acquiring Wharf stocks in the market, and there are often new accounts. This is obviously an early acquisition, but it is much faster than ours. Zhou Jiayang replied, and beside him stood Xu Jinhong, the general manager of Galaxy Group.
"How many Wharf stocks do we have in our hands now?" Chen Zhiwen did not ask any further.
At this time, someone suddenly took action against Wharf, and it was almost certainly Li Jiacheng. Although in this timeline, Li Jiacheng had interfered with several of his golden opportunities, such as intercepting the Saixi Lake project from the Swire Group and helping him My father took away the MTR Central project, but now there are too many real estate opportunities in Hong Kong. If these few are missing, Li Ka-shing's ability can completely make up for it from other places.
Especially since he did not get the MTR Central project, Li Ka-shing may have an extra amount of funds in his hands. Coupled with the high-return income from various investments in the past two years and the overseas bank resources behind it, he has enough confidence to do so. It has acquired some powerful British capital, and looking at the various British real estate giants in the Hong Kong stock market, Wharf is undoubtedly the most suitable.
Although Hong Kong's real estate market has recovered for nearly two years, many people are still not optimistic about Wharf's Harbor City project on the Kowloon Peninsula. If this project fails, Wharf will not recover immediately, even if it does not go bankrupt immediately. But Li Jiacheng Obviously he is not one of many people. He must be very optimistic about the Harbor City project. Besides Harbor City, Wharf still has a large amount of high-quality land that is idle. This is fatal to the temptation of real estate giants like Li Jiacheng.
"About 25%. Wharf had previously conducted a directional share increase for Jardine Matheson, which diluted part of our shares. However, Wharf later came to raise funds in the stock market again, and we took the opportunity to obtain 3 points of shares. Now The share of Wharf controlled by the Jardine Matheson Group should be around 18%," Zhou Jiayang replied.
"That is to say, there is no absolute advantage yet." Chen Zhiwen nodded and said. Although he has a large shareholding, the Jardines Group has controlled Wharf for hundreds of years, and all the management belongs to him. Even if he becomes the largest shareholder, he will not be completely Can be easily excluded.
This is the case with Pao Yugang in history. After more than a year of continuous increase of shares by both parties, Jardine held 20% of the shares and Bao Yugang held 30%, but Jardine controlled the entire board of directors. This situation Next, unless a shareholders' meeting is held to vote to remove the board of directors, it will be possible to turn around, but it is obviously difficult to unite a scattered group. Unless Wharf is like Hutchison in the past, its performance is so bad that all shareholders are dissatisfied. And it is possible. Although Wharf's current performance is not very good, it is still far from bankruptcy.
"Yes, according to our original plan, we would make acquisitions at a very slow speed on weekdays, and wait until Wharf raises funds in the stock market before we start. This operation makes our traces almost undetectable, but now the person behind the scenes directly uses A large amount of cash acquisition, Jardine He is expected to find out soon." Zhou Jiayang paused and said: "The question is whether we should follow. If we follow, not only Jardine will be able to detect the anomaly earlier. Even the acquirer will also You will find it, but if you don’t follow it, Wharf’s stock price will still rise sharply. Once Jardine becomes alert, it will be difficult for us to take action.”
"Let's stand still and stop acquisitions until the follow-up situation is determined." Chen Zhiwen said.
In fact, waiting for Li Jiacheng to take action on Wharf was one of the things he expected. However, he remembered that it should have been 1978 in history, but now it was a few months earlier. But since Li Jiacheng made the move, let him Li Jiacheng and the Jardine Department should have some fun first and wait for the subsequent progress.
"Okay, I will immediately arrange for traders to stop purchasing stocks." Zhou Jiayang nodded and said.
"You don't need to acquire Wharf's shares, but you can still buy Land's shares. If the funds are not enough, I will mobilize funds from overseas. I want to acquire 10% of Land's shares before I openly confront Jardine Matheson." Chen Zhiwen said.
Today, with the rise of Hong Kong's real estate market, Land's market value has also risen, almost reaching a level of between HK$5 and 6 billion. Taking into account the acquisition premium, acquiring 10% of its shares would require at least HK$600 million.
Although the projects currently operated by Hutchison Whampoa and Galaxy Properties add up to billions of Hong Kong dollars, these are total values. Leveraging ten times the assets with hundreds of millions of funds is the basic routine of the entire Hong Kong real estate sector. But if you want to take It is simply impossible to use 3.5 billion Hong Kong dollars for other purposes. Besides, banks are also regulated and will not be allowed at all. Even the Jardine Matheson Group will not be able to use so much funds in a short period of time, otherwise it will not be able to save Wharf.
And Midea's current arcade machines are completely sweeping the world with a broom for gold, and a large amount of cash is silent in overseas accounts. Although it will have a certain role in the future, it is still a good investment to switch to land stocks now. High-quality stocks are themselves Assets that are very easy to convert into cash are actually similar to cash.
"Okay, I understand." Zhou Jiayang nodded and said.
In the following days, after Chen Zhiwen's funds were withdrawn, there was no obvious change in Wharf stocks. Obviously, Li Jiacheng was also trying to avoid being discovered by Jardine Matheson or others. Otherwise, acquiring the same number of shares would be Pay several times the price.
But Chen Zhiwen knew that it would take less than two or three months for this matter to be exposed. The most fundamental reason for this is that normal companies cannot spend a large amount of spare funds on acquisitions for a long time. This was also the case in history. , Theoretically speaking, if Li Jiacheng invests hundreds of millions and slowly acquires it, spending two or three years, he may have a chance to really grab Wharf from Jardine Matheson.
But what's the cost?
With hundreds of millions of funds, Li Jiacheng's methods, and the fact that the real estate industry is currently on the rise, it is no problem to double the profit for operation. However, if it is placed here in Wharf, it may not be successful. On the contrary, Cheung Kong Holdings will most likely suffer from excessive blood loss. and affect normal development.
Under this situation, Li Jiacheng naturally needs to increase his acquisitions after acquiring a certain amount of stocks. Even if the stock price rises, as long as he does not lose money, he will continue to acquire and strive to complete the acquisition in a short time. As long as the acquisition is successful, there will be so many Wharf warehouses. Land, with his methods, he will definitely be able to earn back his capital, and he will also earn a large real estate company. Even if he does not succeed, he still needs to make a quick decision on what to do. Even if he loses money, he must leave. Time It is one of the highest costs in the real estate market.
It's a pity that Li Ka-shing did not succeed in his previous life. It was not because of how strong Jardine was, but because HSBC intervened. HSBC did not want Li Ka-shing to acquire Wharf. Although Cheung Kong Holdings also has overseas banks behind it, its main battlefield is in Hong Kong. What's going on? It was impossible to ignore HSBC, so I had no choice but to let it go. After that, he cleverly sold the stock to Pao Yugang, allowing Pao Yugang to go head-to-head with Jardine. He wanted to take down Hutchison Whampoa, which was in the hands of HSBC at the time, without any bloodshed.
Because of his long-term acquisitions, and his acquisition of Hutchison, which also led to Jardine Matheson increasing its shareholding in Wharf, there will be much fewer stocks circulating in the market. It is estimated that Li Jiacheng cannot acquire as much as 200,000 shares in his previous life. % of the stock will be discovered by Jardine.
Just wait and see how Yihe handles it, wait until Li Jiacheng retreats, and then make your own plans. In addition, some of the funds mobilized from overseas accounts are also beginning to acquire Land's shares. However, since Land does not have multiple share expansion financings like Wharf, it needs to slowly control the speed of acquisitions.
Chen Zhiwen was very excited as he prepared to take action against this giant in Hong Kong. As long as he defeated the Jardine Matheson Group, the current Hong Kong capital market would begin to change. The previous Hutchison just took advantage of the other party's bankruptcy period to acquire it. , and this time, it will be a real forced merger.
But now we are just preparing. Before we can actually take action, we still have to wait until Li Jiacheng is forced to let go and Jardine Group relaxes.
PS: Please vote for me.
(End of chapter)
