"Old man Shen Bi has become a peacemaker again." Chen Zhiwen said with a smile. He had been waiting for news from Shen Bi for the past two days. Now that he received this invitation, it was expected.
Zhou Jiayang said: "From HSBC's perspective, Shen Bi definitely doesn't want us to acquire Wharf."
"I have already acquired 40% of the stock, and Shen Bi wants to persuade me to let go. I am curious about what kind of conditions they can put forward." Chen Zhiwen said with a smile.
"It looks like it's the Hongmen Banquet." Zhou Yang said with a smile.
Chen Zhiwen nodded and said to his assistant: "Call back and tell me that I have something to do these days. Wait ten days and a half and I will make an appointment with them again when I have time."
"Okay." The assistant agreed and immediately returned.
Chen Zhiwen asked again: "How many Land shares do we have now?"
"About 8.8%. Land's stock has not expanded and raised funds like Wharf, nor has it been falling like Hutchison. Once we acquire it quickly, it will easily arouse alarm. If it were not for Land Drinking Milk, At that time, a large number of Land shares were on the secondary market, and it would be more difficult for us to acquire them," Zhou Jiayang explained.
Chen Zhiwen thought for a while and said: "Today is just the news released by Jardine Matheson and HSBC. I suspect that they are behind it. They want to use this time to drive up the stock price and let me sit on the negotiating table. In this case, we will use their tricks. You arranged for someone to spread the news, saying that the reason why HSBC agreed to help Jardine Matheson was because Land had second mortgaged a large amount of its own stocks and assets, and the interest was very high, and you wanted to spread the news to everyone in Hong Kong."
Although there is no specific financial situation of the Jardine Department, they are not willing to confront Li Jiacheng's acquisition, and it is even more impossible to face themselves. Even if HSBC really lends money to Jardine, Jardine may not really want to use this money. Even Chen Zhiwen would not be willing to give up the money to compete with Chen Zhiwen.
Then, the possibility that this is a game is very high. After the news was released, I immediately invited myself to meet, just to take advantage of this gap period to have a negotiation, whether it succeeds or fails, to get things done.
But as long as I drag it on, the news that Jardine Matheson released before about acquiring Wharf stocks at a high price will be proven to be true or false. Once it is false, the Wharf stock price will plummet immediately, and my side may be in a state of collapse within a few days. This is an absolute failure for Jardine Matheson. If we want to maintain the credibility of the information, we can only spend real money to acquire it. The current stock price is 60 Hong Kong dollars. If the acquisition really goes ahead, Yihe will shed its skin even if it is not dead.
"Sheng Chen is such a powerful plotter. We can also take the opportunity to deliberately release news to suppress Land's stock price, thereby acquiring more Land shares." Zhou Jiayang immediately understood what his boss was thinking.
60 Hong Kong dollars per share, even if Jardine's financial situation is good, it cannot withstand such an acquisition. The share price of Wharf has doubled several times, and now Jardine only holds 20% of the shares. There is 40%. At this price, Jardine Matheson’s acquisition of 10% will cost HK$600 million, which is almost only slightly smaller than the previous total market value of Wharf. The combined market value of Jardine Matheson Land is less than HK$10 billion. The cost 600 million is impossible to bear.
As for what Jardine does, it doesn't matter. Now that HSBC has expressed its full support for Jardine, as long as the news is released that Land has assumed a large amount of high-interest liabilities, Land's stock will inevitably fall sharply, and it is easiest to fish in troubled waters during such a sharp fall. .
"In the past few days, once the stock price of Land has fallen, I will go all out to acquire it. When the time is right, I will sell a lot of shares to trigger panic. I will try to acquire 16% as soon as possible. In this case, I will have the voting rights of the board of directors." Chen Zhiwen said.
According to Hong Kong laws, once a listed company's shareholders or a shareholder group hold 16% of the company's equity, they can automatically obtain a director seat with 20% of the voting rights. Although one voting right is not enough to threaten the Jardine Group. Land's control, but enough to give them a headache.
"Okay, I'm just dozing off now. I've been worrying about how to quickly acquire Land shares." Zhou Jia Yang said with a smile.
"Don't worry about funds, but don't waste it. Just get the most shares with the least money. Maybe half a year later, I will sell these shares or mortgage them." Chen Zhiwen thought for a while and said.
Nowadays, there are only two major industries under his control that can generate a lot of profits. One is the Wal-Mart stock he invested in early. While Sam Walton was rapidly expanding Wal-Mart supermarkets, the value of the Wal-Mart stock held by Chen Zhiwen was also rising rapidly, but these stocks , basically financing the expansion of Costco in the form of mortgages, while Costco's profits repay the interest, forming a balance, and the other is Midea's arcade.
As for other industries, Red Bull still implements a non-profit goal to ensure its absolute monopoly in the future market. Chen Zhiwen does not want to break Red Bull's plan unless he has to. Midea's home appliances also mainly rely on Costco. They can make money, but rarely, and Huang and Xinghe's real estate business is not small in scale, but it has not yet come to an end and the funds have not fully returned.
The funds for the Wharf acquisition and the Land stock acquisition basically came from Midea's profits from overseas arcades. Since outsiders were not allowed to know about it, they could not get loans. Over the past few years, the three games have received almost US$300 million in taxes. The final net profit is HK$1.5 billion.
It seems like a lot, but it involves the forced acquisition of Wharf and planning to acquire a certain share of stock. If you don't use it carefully, it may be a bit stretched. It is true that you can use loans now that the acquisition war has been announced, but you can reduce costs if you can. After all, At the end of this year, there will be a feast of death in the financial market. The more cash you have in hand, the better.
At that time, if you still have Land shares in your hands, you will need to find a way to convert them into cash, but you don't necessarily need to sell them. You can also mortgage them like Wal-Mart shares.
"Understood." Zhou Jiayang nodded and said, his eyes full of joy. Once he became a shareholder of Land and could contain the Jardine Group, the success rate of Wharf's acquisition would be basically stable.
"Just like this, it's a bit disrespectful to HSBC." Xu Jinhong said at the side.
"If I don't give it, what can they do to me?" Chen Zhiwen said disdainfully.
"What? Chen Zhiwen refuses to meet and has to wait half a month?" When Niubijian heard the news, his eyes almost bulged out of anger.
"I didn't expect that Chen Zhiwen would not give HSBC this face." Diess said with some annoyance. He originally thought that if Shen Bi personally issued the invitation, it would be impossible for Chen Zhiwen to not give him the face. After all, no matter how big Chen Zhiwen is now, he is still here. Hong Kong, and HSBC is Hong Kong’s “quasi central bank”.
"Then what should we do now? If we really use funds to acquire Wharf stock, it is now more than 60 yuan per share. Once we acquire it, the stock price may rise." Niubijian's hands were shaking slightly.
Shen Bi was sitting there, seemingly in a daze. After a moment, he said: "This is indeed beyond my expectation. I have had a good relationship with Chen Zhiwen in the past few years. HSBC also often communicates with Galaxy or Hutchison Wong." Cooperation, even when he acquired Hutchison, I agreed first, otherwise he would not have been able to successfully acquire it, I would never have thought of it."
"It seems that you think too well of him. These Chinese people, when they need you, you are God. Once they don't need you, you are just a stranger on the roadside. Chen Zhiwen has become big now, and he also has many friends overseas. Many banks have deep relationships and there is no need for HSBC at all." Newbijian said sarcastically. He originally wanted to call the stranger a dog, but such words were too harsh and did not suit them as British gentlemen. style.
"I also thought you would be able to succeed. Even if the negotiation fails, at least you can get a closer understanding of Chen Zhiwen's plan. As a result, no one has seen it now, but our promise has been sent out. What should we do?" Niu Bi Jian frowned and said.
"Then we can only acquire it." Shen Bi thought for a while and said: "Once Jardine does not abide by its promise, Chen Zhiwen will soon acquire enough stocks, and this battle will be over, and it may also It will affect Jardine’s future credibility in the stock market.”
"This matter can't be borne by my family, Yihelai, right?" Niubijian was almost so angry that he vomited blood, but now he was in a dilemma.
He actually didn't expect that Chen Zhiwen would really risk falling out with HSBC and refuse to meet with him. After all, it is one thing to forcefully acquire Wharf despite not listening to HSBC's advice. In the face of Chen Zhiwen's absolute strength, Shen Bi will not say anything even if he is unhappy, but now that he doesn't even show up, that means he is really not giving face. , I’m afraid it will be difficult to cooperate in the future.
"I can give you the lowest interest rate, just like bank deposits. This time HSBC won't make any money from you, and even the service fee will be waived." Shen Bi also said with an ugly expression.
As a senior manager at HSBC, even if you ask the Governor of Hong Kong to come out, he will usually not be rejected. Before Shen Bi became the senior manager, when he was the general manager of HSBC, he had never asked anyone to not come out, even if he was at the height of his power at that time. Henry Keswick would also come out to have a meal as a courtesy. After all, going out to meet him was not a trouble in itself.
This time Chen Zhiwen refused to give him any face, making him embarrassed in front of his subordinates and Yihe.
"What's interest? Now I'm forced to pay HK$60 for a share of stock that was originally worth only HK$10?" Newbijian said even more difficultly.
"Then we can only acquire a small amount first and see the market feedback." Shen Bi thought for a while and said: "Besides, even if this doesn't happen, if Chen Zhiwen keeps buying for 40 Hong Kong dollars, you will either give up or you can only More money to follow, right? Now it’s just one step and the price has increased a bit.”
"Sigh." After thinking about it carefully, it was indeed the case. The other party had prepared stronger capital and had planned it for a long time. Jardine really had no choice, and Newbijian had no choice but to give up and get the lowest interest loan from HSBC. Very good too.
Shen Bi continued: "Chen Zhiwen is obviously planning to use the procrastination technique, so you have to think clearly about what to do, otherwise too much money will be spent and you will be dragged down."
Shen Bi doesn't like Niubijian, nor does he like Jardine, but now he is more worried about Chen Zhiwen, and he can only cooperate with Niubijian. Now ordinary people in Hong Kong think that this is Jardine + HSBC to fight against the new rise of Chen Zhiwen. Once the Chinese capital loses, not only will Jardine lose Wharf, but HSBC will also lose face.
But it won't work if you don't interfere. If you don't interfere, you won't lose face today. But in the future, Chen Zhiwen will be even bigger, so I'm afraid the outcome will be the same.
This year's HSBC senior class originally thought he would lead HSBC to the top, but he didn't expect to meet a monster like Chen Zhiwen.
In the distant sea, inside a large cruise ship.
The three members of the Chen family were enjoying the sea breeze leisurely. It was winter in the northern hemisphere at the moment, the temperature of the sea outside Hong Kong was not very high, and the intensity of the sunlight was not strong. They were eating this fruit in the open air and watching TV, which was very cool.
"Son, when you are overseas, are you not afraid of any emergencies in Hong Kong?" Chen Tianfu asked.
"There is a satellite phone on the ship. Hong Kong can contact me at any time. Again, Hong Kong knows my location. If I can't be contacted, a helicopter will come over immediately." Chen Zhiwen said with a smile.
"I've heard of satellite phones, but I've never used them." Chen Tianfu thought for a while and said.
"This thing is for use at sea or in the desert. Dad, even if you leave Hong Kong, you will go to major cities around the world. Of course you don't need this thing." Chen Zhiwen said: "However, the United States has invented a wireless communication phone. You can make calls without a telephone cord, but the cost is too high and a lot of telecommunications equipment needs to be installed, so it is not yet popular."
"Wireless phone? Like a telegraph?" Chen Tianfu became interested.
"Yes, the phone weighs about one or two kilograms. It is much more convenient to put it on our body so that we can contact others at any time. I estimate that in a few years, Hong Kong Telephone Company will also do this business." Chen Zhiwen said.
"That's much more convenient." Chen Tianfu nodded and asked: "Ignore this call, if you don't give Shen Bi face this time, will it have any impact in the future?"
"There are definitely some, but as long as you can get Wharf, it's still worth it." Chen Zhiwen said: "For future projects here in Hengyi, don't go to HSBC. The same is true here. Let's wait a few years. Well, time will smooth everything out, as long as there are benefits, no one will hold a grudge that much."
To its current scale, HSBC is no longer an existence that must be relied upon. Although it would be much more convenient if the relationship is good, it is still not worth giving up Wharf. As early as a few years ago, he made the decision that he would rather offend HSBC than take advantage of it. Strategy for getting to Wharf.
And once he gets the Wharf, it becomes an established fact, and Shen Bi has nothing to do.
"That's true. Again, Shen Bi is getting older and will eventually retire from HSBC." Chen Tianfu said with a smile: "Youth is your greatest asset."
"That's right." Chen Zhiwen smiled.
"Then do we want to transfer our current loans with HSBC?" Chen Tianfu asked again.
"No, if Shen Bi really uses this to embarrass me, then I'm overestimating him. He doesn't have the courage to do anything, so he's not worthy of being the head coach of HSBC." Chen Zhiwen said. This has nothing to do with his golden finger, but the basic rules he has learned in the mall over the years. A normal businessman would not injure his enemy by one thousand or himself by eight hundred just to save face.
"Okay, then it's rare for us to take this opportunity to take a vacation." Chen Tianfu said with a smile.
(End of chapter)
