Crossing the Hong Kong River: Empire of Wealth

Chapter 103 Turning to Hutchison Whampoa
Just when everyone was focusing on Xiangjiang Electric, Xinjian Investment Company was quietly absorbing shares in Hutchison Whampoa in the stock market.

At the same time, Dao Heng Bank and Bank of East Asia are also following up. Li Jianhui even personally contacted Sun Hung Kai Securities, the second largest shareholder of Hutchison Whampoa, and the Ko Kening family, the third largest shareholder.

Companies with huge market capitalization have a problem, that is, there are very few major shareholders with more than 5% of the shares, especially when a group's profitability is in trouble.

Hutchison Whampoa currently has three shareholders reporting to the Hong Kong Stock Exchange. HSBC, which controls 22.4%, acquired 9.5% of Sun Hung Kai Securities more than half a year ago. After the merger and listing of Hutchison Whampoa last year, it holds 6.7% of Koko Ning family.

The helm of Sun Hung Kai Securities was founded by Feng Jingxi, one of the three Musketeers of Sun Hung Kai. He has a very close relationship with Sun Hung Kai Properties Guo Desheng and Henderson Li Zhaoji, and is a force with great influence in Hong Kong.

At present, the relationship between Li Jianhui and them is not good but not bad, and there is still no problem in cooperation.

It's a pity that Li Jianhui is now regarded as the biggest threat by HSBC. It is impossible for HSBC to sell the shares in his hand to Li Jianhui, otherwise he wouldn't have to go through such trouble.

Sometimes Li Jianhui felt that Li Chaoren was the real protagonist. He bought Hutchison Whampoa in his previous life, and Li Chaoren easily won this Xiangjiang overlord company without spending much money.

Where is he as hard-working as he is, the Hong Kong British-owned consortium has regarded him as the number one opponent, and HSBC has regarded him as a thorn in the flesh, and will do everything possible to prevent his industrial expansion.

If I hadn't been mainly engaged in stock market work in my previous life and knew many major stock market events, my development speed might not be as fast as this one.

Li Jianhui doesn't care if he is lucky or not. Anyway, he interrupts the rapid rise first. Whether it is Xiangjiang Electric Lamp, which he stepped in to divert attention before, or Hutchison Whampoa, which he is planning to do, they are all robbing The opportunity for Li Chaoren to rise.

The same is true for Chartered King. Although Wharf is still acquired by Chartered King, Wheelock Group Chartered King will never have a chance.

At the headquarters of Sun Hung Kai Securities, Li Jianhui did not go around in circles with Feng Jingxi, and directly explained his purpose of coming to the point.

Looking at the young man in front of him, Feng Jingxi felt what it means to push the waves ahead. Ten years ago, he chose to leave Sun Hung Kai Properties and established Sun Hung Kai Securities on his own. At that time, he was the one who stirred up the situation in the stock market.

But now, every time there is a storm in the Xiangjiang stock market, there is the figure of this young man in front of him, Wharf, Wheelock, and Heungkong Electric.

This Wheelock, who won one of the four major foreign firms, was not satisfied, and now turned his attention to another major foreign firm, Hutchison Whampoa.

Since Li Jianhui came here specifically to talk about acquiring the shares in their company, it proves that Li Jianhui is definitely not just playing around, but intends to acquire this group.

Once this news gets out, it will definitely cause a huge sensation. I believe that the Xiangjiang British consortium will never allow Li Jianhui to acquire a second foreign firm.

Once Li Jianhui takes control of Hutchison Whampoa, the largest power in Hong Kong will completely change positions. Regardless of whether it is HSBC or Jardine, which has many overseas industries, the total market value cannot exceed the market value controlled by Li Jianhui.

Wheelock + Hutchison Whampoa, this is definitely not a simple 1+1. Before the 60s, Wheelock Group and Hutchison Land held mutual holdings and served as shareholders of each other.

Later, through the acquisition and reorganization of Huangpu Rudder Company, Wheelock Group and Hutchison Land were separated.

Whether it is HSBC or Standard Chartered, they are unwilling to see the situation of mutual shareholding among the four foreign banks, and they are even more unwilling to see the merger of two of them.

Li Jianhui's action obviously challenged the bottom line of the Xiangjiang British-funded consortium, and he didn't know how the Hong Kong taipan kings would react after the news spread.

Feng Jingxi said with a smile: "Li Sheng is really a man of great courage. The four major foreign companies have been the four mountains on the head of our Xiangjiang Huazi for a hundred years. Wheelock has moved away. Now it seems that Hutchison Whampoa is not far away. .”

"I always think that it is better for us to control the main industries of Xiangjiang, which is also conducive to the stability of Xiangjiang. Although several foreign firms have made some contributions to the development of Xiangjiang to a certain extent.

But after all, it is a British capital, and we are not on the same journey as us. If they continue to occupy a dominant position in Hong Kong's economy, the future will be very unfavorable to us.

Hutchison Whampoa has a lot of problems at present, and my main opponent is HSBC. I also hope that Feng Sheng can help me because everyone has the same origin. "

Naturally, Feng Jingxi would not refuse to sell his shares. His securities company mainly does this, and he has no intention of running Hutchison Whampoa.

In his opinion, HSBC may have wanted to sell its shares a long time ago, but it just couldn't find a suitable person to take over the offer.

Now Hutchison Whampoa is a big quagmire, and if the stock price is not good, it will crash. When he bought these shares, he actually wanted to see who would sell the company from Huazi, so that he could make a profit at that time.

Who knows that the charter king would rather grab Wharf with Jardines than Hutchison Whampoa. Li Jianhui would rather buy Wheelock from the Madden family at a high price than discuss with HSBC to acquire the shares of Hutchison Whampoa in his hand. He had a feeling that the shares had been dropped in his hand.

Hutchison Whampoa is not Wheelock. At this time, people from all walks of life have a very low opinion of Hutchison Whampoa. Last year, among the four major foreign companies, Hutchison Whampoa was at the bottom.

To a certain extent, the valuation of him by all parties is lower than the market value in the stock market, which is why HSBC was able to sell it to Li Chaoren at almost half the price in the previous life.

Shen Bi's favor is one aspect, and Hutchison Whampoa's own problems are the biggest reason. Otherwise, Shen Bi would not dare to do that. The primary criterion for any decision by HSBC is not to damage the interests of HSBC.

HSBC is not the only one who has the final say. If a business really costs HSBC hundreds of millions or even billions, no matter how capable he is, he will only end up being fired.

Therefore, for the purchase price of Hutchison Whampoa, Li Jianhui did not make a premium purchase, but adopted the current market price.

Feng Jingxi is also aware of the specific situation of Hutchison Whampoa. If Li Jianhui does not buy, he can only sell the shares in his hands. Once he chooses to ship, it will inevitably cause the stock market of Hutchison Whampoa to plummet.

The price offered by Li Jianhui has reached his expectation. Because of the continuous actions of the Chinese capital and the promotion of the market, the shares of Hutchison Whampoa have risen a lot in the past six months, and he still made a lot of money from this business.

"Li Sheng, I will not open my mouth too much, and I will trade at the price you said. I also hope that we can deepen our cooperation in the future. If your company needs to go public, please consider Sun Hung Kai Securities."

Since the other party was so straightforward, Li Jianhui also responded immediately: "Sun Hung Kai Securities is a well-known securities company in Hong Kong, with strong influence in Western Europe and North America.

In the future, if one of my companies goes public, I will definitely cooperate with Sun Hung Kai Securities. "

(End of this chapter)