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“Mr. Niu Bijian, I have been thinking about it these past few days and I think that the mutual control policy of Jardine Land that you proposed is very good, but I think the implementation progress is still too slow. I suggest that it be fully implemented as soon as possible.

In particular, the Hong Kong Land Group should also hold a certain amount of Jardine Matheson shares, so that Jardine Matheson will not be coveted by Chinese financial groups! I think the two companies should increase their holdings at the same time, rather than step by step, and it would be best to get this done within two months!

Therefore, I hope you can speed up the implementation of this decision, which involves the interests of our entire British financial group!" Henry Keswick said solemnly.

His purpose was actually very simple, which was to allow the Hong Kong Land Group to take controlling stake in Jardine Matheson as discussed in the small conference room.

As a result, the shares of all Jardine Matheson shareholders will be diluted.

Just like Lin Haoran, he now holds about 20% of Jardine Matheson shares.

It can be assumed that after Jardine Matheson raises funds, the 20% stake will be reduced due to Jardine Matheson's share increase.

And these British financial groups can fully utilize the controlling rights of the Hong Kong Land Group in Jardine Matheson to hold another board meeting and kick Lin Haoran out of the board of directors of Jardine Matheson!

In Henry Keswick's view, the Hong Kong Land Group is still firmly controlled by their British consortium.

Although there were constant reports that someone was secretly absorbing shares of the Jardine Matheson Group, Henry Keswick did not think that this person would be Lin Haoran.

Even if an employee from Universal Investment Company secretly announced the matter, when Lin Haoran announced his acquisition of Jardine Matheson, many people already thought that the employee was just lying.

After all, acquiring 20% ​​of Jardine Matheson's shares would require a lot of money.

The share price of the Hong Kong Land Group is nearly twice as high as that of Jardine Matheson. The funds required to acquire the Hong Kong Land Group will undoubtedly be much more, and much more!
Therefore, the matter of Lin Haoran wanting to acquire the Jardine Matheson Group, which had caused a lot of controversy at the time, has gradually subsided. No one believes that Lin Haoran has such great ability.

After hearing what Henry Keswick said, Niu Bijian didn't think much about it. He just nodded and responded, "Mr. Henry, I will do my best to speed up the progress. With your support, everything will go more smoothly. We originally planned to complete it within half a year. If we can get the support of all members of the board of directors, these tasks will undoubtedly be completed faster. Not to mention two months, I think it can be completed within a month!"

This proposal was originally put forward by Niu Bijian himself. Since it has received everyone's full support and cooperation, he naturally would not have any objection.

As the boss of Jardine Matheson and Hong Kong Holdings, he was the biggest beneficiary of the mutual control of the two groups.

Two days later, on October 10, Jardine Matheson and Hong Kong Land Development officially announced that Jardine Matheson would exchange assets worth HK$3 billion for approximately 11.95 million new shares issued by Hong Kong Land Development. The transferred assets included 6400% of the equity of the World Trade Center in Causeway Bay and 3300 million Wheelock A shares.

After the transaction was completed, Jardine Matheson's stake in the Hong Kong Land Group increased from 20% to 27.8%.

On October 10, Jardine Matheson announced again that it would issue 8 million new shares to the Hong Kong Land Group, and the Hong Kong Land Group would purchase these 2500 million new shares of Jardine Matheson with cash.

At the same time, the Swire Group had already quietly acquired 5% of the shares from the secondary market.

On October 10, the Hong Kong Land Group announced again that it had acquired 24% of the shares of Jardine Matheson.

The two companies increased their holdings several times, either by issuing new shares or by purchasing shares from the secondary market. In less than a month, both companies held a considerable number of each other's shares.

Among them, Jardine Matheson holds 30.2% of the shares of Hong Kong Land Group, and Hong Kong Land Group holds 30.1% of the shares of Jardine Matheson.

If the original historical trend had been followed, Jardine Matheson would have eventually held 40% of the shares of Hutchison Whampoa, and Hutchison Whampoa would have held 38% of the shares of Jardine Matheson.

However, in this world, because Lin Haoran absorbed most of the shares from the secondary market, it became more difficult for the two groups to absorb shares from the secondary market.

Therefore, in the end they only held about 30% of each other's shares, which was obviously much worse than the situation in the other world.

At this point, without Lin Haoran announcing that he already held more than 40% of the shares of the Hong Kong Land Development, both companies announced that they had become each other's major shareholders.

At this moment, many Chinese financial groups that coveted the two companies were completely discouraged.

Especially Li Jiacheng. After seeing this scene, he, who was originally considering whether to buy Lin Haoran's shares in Jardine Matheson, completely gave up his covetousness for Jardine Matheson.

As for the approximately 5% of the shares of the Swire Group that he holds, their importance in Li Ka-shing's heart has greatly shrunk.

In the small meeting room of only 30 square meters at the Bank of China, Cheung Kong Group, Li Jiacheng was meeting with several of his trusted aides to discuss an issue.

Should I sell or not sell the shares of Jardine Matheson Holdings Limited?

"Mr. Li, I think it's better to sell it. At the current price, we won't make much money, but we won't lose money either, and it won't waste a few months of planning."

"I also think that given the current situation of Hong Kong Land and Jardine Matheson, we no longer have any chance to covet them. Giving up is the best option. Both Cheung Kong Holdings and Hutchison Whampoa are now expanding rapidly and require a lot of funds. Although in the long run, holding Hong Kong Land shares will have a certain appreciation space in the future, we should not spend too much money on a company that we cannot control!"

“I agree to sell it too!”

……

In the meeting room, the staff members all gave their opinions.

However, it can be seen from their words that no one recommends continuing to hold shares in the Jardine Matheson Group.

30% of the shares, plus the shares of the Hong Kong Land Group held by British financial groups such as Jardine Matheson, what does this mean?
This means that they no longer have any chance of controlling the Jardine Matheson Group, as the shares held by the two together already exceed 40%!
The shares of Hong Kong Land Development and Jardine Matheson Holdings held by the British financial group have exceeded 30.2%, reaching 40%! These data have been published!
Li Jiacheng had a blank expression on his face, and finally said, "Then let's sell it!"

These staff members provided great help in his rise.

These are all great contributors to Cheung Kong Holdings.

Therefore, Li Jiacheng attaches great importance to their opinions!
But no matter what, Li Jiacheng still felt a little unwilling in his heart.

He wanted both Jardine Matheson and Hong Kong Holdings.

But now that Jardine Matheson and the Hong Kong Land Group have done this, his idea of ​​coveting these two groups has completely failed.

From today on, he no longer has the qualifications to covet these two groups.

"These British financial groups are really good at this!" Li Jiacheng said with some emotion.

His acquisition of the Jardine Matheson Group was extremely secretive, and the only person who knew that he owned shares in the Jardine Matheson Group was Lin Haoran.

However, in order to guard against the Chinese financial groups, these British financial groups actually made such a decision, which made him completely lose hope in these two groups.

"Old Wu, what is the current market value of the Swire Group?" Li Jiacheng asked the head of the securities department.

“Mr. Li, the market value of the Hong Kong Land Development is currently around HK$120 billion, and we hold 4.32% of the Hong Kong Land Development. Based on the market value, the price of our holdings is approximately HK$5.2 million!” the head of the securities department quickly replied.

As the Hong Kong Land Group issued a number of new shares, the shareholding ratio of the Hong Kong Land Group held by Li Ka Shing's companies also decreased slightly, from more than 5% of the shares to 4.32% today.

However, the stock price has risen a lot during this period, so the value has not fallen and is still over 5 million.

Li Jiacheng nodded.

He was considering one thing: whether to sell these shares to Lin Haoran, or directly through the secondary market, or to sell the shares to those British financial groups.

After Jardine Matheson Land announced the successful mutual control, the share price of Jardine Matheson may continue to fall.

If he sells through the secondary market, he may not be able to get HK$5.2 million in the end, and even HK$5 million may be a problem.

However, it is not easy to find an individual buyer for the shares of the Jardine Matheson Group now.

The value of a company's shares that do not have any possibility of controlling the company is indeed greatly discounted for those wealthy consortiums.

However, Li Jiacheng knew that Lin Haoran would definitely buy it.

Because he knew that Lin Haoran held quite a few shares in the Jardine Matheson Group.

Lin Haoran is the only one who has the ability to covet the Jardine Matheson Group.

At the beginning, Lin Haoran said that he would use HK$5 million to buy the shares in his hands.

Li Jiacheng didn't think it through at the time, so he didn't respond.

Now, if he sells these shares to the British financial group, he will definitely be able to make a lot of money.

However, he was considering whether he should offend Lin Haoran for this little benefit.

After all, in the Hong Kong business community today, he is the only one who knows how terrifying Lin Haoran’s wealth is!
In his opinion, Lin Haoran's real wealth has definitely surpassed Bao Yugang's.

Could he afford to offend such a person?

Can not afford to offend.

If he offended Lin Haoran this time, his relationship with Lin Haoran would probably never be reconciled in his lifetime.

The matters involved are too huge.

When he learned that Lin Haoran had already secretly achieved a controlling stake in the Jardine Matheson Group, he had already raised Lin Haoran's status to half a level higher than his own.

On the other hand, he was not that afraid of the British financial consortium. He had acquired the shares of the Hong Kong Land Group in secret, and the British were unaware of it.

In addition, his relationship with the British financial group Jardine Matheson has always been mediocre.

After careful consideration, Li Jiacheng finally decided to sell his shares to Lin Haoran. (End of this chapter)