Era: Starting from divorce from female college student
Chapter 204: Lian Po is old, acquisition war
Chapter 204: Lian Po is old, acquisition war (asking for monthly ticket)
December 1959 was destined to be a very exciting month.
In mid-December, a run occurred at the Chinese Bank, one of the assets of the Zhou family in Hong Kong. For several days in a row, the bank's entrance was filled with citizens withdrawing money.
Newspapers all over Hong Kong were reporting on this incident, and it became a hot topic for a while.
Many citizens who were watching the news were curious: How will Zhou Xinian get through this difficult time?
As a result, within two days, Jardine Matheson's land in Causeway Bay was acquired by an American institution, and all the tenants on these lands were evicted.
The tenants didn't like it very much, but this American-funded institution paid them a lot of money and arranged them to live in the new commercial street next door, forming a new market. It can be said that the service was very good.
After the tenants were cleared out, the land was leveled again, then a wall was built and a sign called Causeway Bay Auto Parts Factory was erected.
Suddenly, the attention of ordinary people in Hong Kong was attracted.
why?
Factories mean a large number of jobs. For the citizens of Hong Kong Island, what could be more attractive than this?
You know, since the population of Hong Kong Island exceeded three million, it has become much more difficult for many people to find a formal job, mainly because the competition is too fierce.
If it is an ordinary part-time job, such as a dishwasher, dock porter, construction worker, etc., these jobs are extremely unstable and the wages are also very low.
Most newcomers to Hong Kong Island can only find these jobs.
Any formal and stable job actually means high salary, and as long as the workers do not resign on their own initiative, they can continue to work.
Units like auto parts factories are of course very attractive to ordinary citizens. Relevant news has been published in newspapers. The Causeway Bay Auto Parts Factory will recruit a large number of auto-related positions in the next six months. Everyone is welcome to sign up.
Recruitment work was carried out simultaneously. Although the industrial building had not been built at that time, it was impossible that all of the tens of thousands of workers did not require any skills, right?
Therefore, we had to proceed simultaneously and rented several floors in the industrial building next to the construction site as temporary office space.
The purpose of these office spaces is simple, which is to recruit skilled workers and provide training to unskilled workers.
It is necessary to do a good job of preliminary preparation so that when work comes later, you can start work at any time, and it will also allow the factory to get back on track faster.
Compared to ordinary citizens flocking to sign up for recruitment activities at auto parts factories, other newspapers such as Sing Tao Daily not only reported the matter truthfully, but also invited experts to comment on the matter.
Is Hong Kong Island a suitable city for starting such a business?
You have to know that this is an automobile parts factory. How could the colonial city of Hong Kong and Kowloon accommodate it?
If this factory makes money through import and export trade, then compared with local auto parts factories in other places, this factory in Causeway Bay has additional transportation costs. How can it compete with others?
At one time, many newspapers were criticizing the Causeway Bay Auto Parts Factory.
Many newspapers such as "Hong Kong Daily News" and "Sing Sing Daily" praised it highly, because it was their boss's company, which was equivalent to their sister company, so how could they not support it?
For a time, the whole of Hong Kong and Kowloon became very lively.
Amidst a bank run at the Chinese Bank and a recruitment drive at a Causeway Bay auto parts factory, the British-owned company, Kinmen Construction, was acquired by Zhao Mancang without a single blow.
The news that Gammon Construction became a subsidiary of Changda Real Estate was reported immediately by newspapers such as the Hong Kong Daily News, Ming Pao, and Kwong Fai Daily, shocking the whole of Hong Kong.
The British-owned enterprise was acquired by "Zhao Changshou" without anyone noticing?
No one noticed this beforehand, and they acquired it directly without any notice. Wow, that's really awesome.
Changda Real Estate Co., Ltd. was soon upgraded to Changda Group. Although it currently has few subsidiaries, the boss behind it is "Zhao Changshou".
Who is 'Zhao Changshou'?
He was the ruthless man who forced Hongkong Land to spend a huge sum of HK$300 million to acquire the Central No. 1 land last month. He also had more than ten Hong Kong dollars in cash and was an idol pursued by young people all over Hong Kong.
In fact, many people saw in the newspapers that "Zhao Changshou" had more than ten billion Hong Kong dollars, and many people were worried that he might have been killed.
However, after a while, everyone was surprised to find that Zhao Changshou had set up a new police station near his home at Villa No. 66, Deep Water Bay, Hong Kong Island.
Well, the police have come to the doorstep to protect "Zhao Changshou", how could there be any blind person who dares to take action?
As for lying in wait near Villa No. 66, they would wait for Zhao Mancang to leave the villa and head for Central, and then ambush him in the area of Pok Fu Lam Road.
Haha, first of all, there must be such a ruthless person. Secondly, we must know which car Zhao Mancang took when he went out, and we must know what time he left.
How easy is it to get this key information?
So, they were all fooled, and it was difficult for them to obtain such information to ambush Zhao Mancang accurately.
So, instead of waiting for the news of Zhao Changshou's accident, everyone waited for such a lively event.
On the other side, Zhou Xinian from Kedun Road returned home in a daze. The steward Qi Bo felt sorry for the "young master", but he could not help.
Zhou Xinian, who was born in 1903, is already 56 years old this year and is already a grandfather.
But even so, in front of the butler Qi Bo who is over 70 years old, Zhou Xinian is still a young master.
After returning to the study and sitting down, Zhou Xinian thought for a long time before picking up the phone and contacting Roland Burchet personally. He wanted to sell the Chinese Bank.
In fact, at this time, even if he didn't sell, Roland only needed to swing his hoe and easily take over most of the capable employees of the Chinese Bank.
This team is what Zhao Mancang wants most. As for the Chinese Bank itself, it is no big deal at all.
Three days later, the Chinese Bank got it.
So, Zhao Mancang also owned his own bank.
And good news keeps coming. Two more British banks have been acquired. Currently, Zhao Mancang owns a total of three banks.
All three banks completed all audit work with the help of the accounting team led by Randolph.
The bad debts left by the bank must be dealt with in a timely manner, either by selling them to other banks at low prices or digesting them internally. They must be dealt with as soon as possible.
Zhao Mancang doesn't want to see any of this again in the merged new bank.
A week later, a company called Island Development Bank was established, which currently has a total of four branches, including the previous Chinese Bank, another Chinese bank and two British banks.
Zhao Mancang did not publicly announce that the bank belonged to him, but he took out some of the US dollar cash and gold in his system space and deposited them all in his own bank.
The head of the Development Bank was Shen Pingquan, the former general manager of the Chinese Bank and a professional manager. After seeing the gold and US dollar cash brought by Zhao Mancang, several vice presidents and branch heads fell into deep thought.
All three views were shocked.
The gold in front of us is as much as 9.7 million ounces, or 275 tons of gold.
Based on the current gold price of US$38 per ounce, this is US$369 million, equivalent to HK$2.396 billion.
terrible!
Rumor has it that Zhao Mancang is a man with more than one billion Hong Kong dollars in cash, but what is the reality?
The value of the gold he held was as much as 2.3 billion, nearly 2.4 billion Hong Kong dollars.
These golds were stored in the system space after the transaction between Zhao Mancang and Ma Jiugong, and have never been used.
Because he had used all the gold, he couldn't send it back to the capital to make money. After all, melting the gold again and then printing it into new gold bars would be too obvious a flaw.
Although Zhao Mancang could commit fraud, he didn't want to do so. After all, it was too troublesome.
In addition, Zhao Mancang also brought 120 million US dollars in cash, which also needs to be deposited in the Development Bank.
In fact, there are still a lot of US dollars in cash in the system space, but Zhao Mancang cannot deposit all of them in the bank, otherwise it would be too conspicuous.
It's impossible that all US dollar cash that may have the SAM Intelligence Agency logo comes from the Island Development Bank. Doesn't this clearly tell people that there is something wrong with this bank?
Zhao Mancang couldn't be so stupid. He would not only use this cash in Hong Kong Island, but also in other places such as North America to confuse the public.
"Please help me save all this gold and US dollars. This reserve can be announced as your achievement and will also attract more depositors to deposit money in our bank."
After a pause, Zhao Mancang looked at Shen Pingquan and the others and continued:
"Subsequently, the funds for newspapers like the Hong Kong Daily News, Women's Wear, and Sing Sing Daily, as well as the funds for companies like the Changda Group, Wharf Holdings, and the Causeway Bay Auto Parts Factory, will also be transferred to your Development Bank."
He has more and more companies under his name, and they were very disorganized before. Now with the Island Development Bank, everything will soon be back on track.
With your own bank, everything you do will be convenient and more confidential.
After finishing these things, Zhao Mancang came to Wanbang Building and asked Orley about the acquisition of the milk company.
The milk company is really of high quality. It owns so much land and has more than 2,300 employees. These are all very good qualifications.
The dairy cattle breeding industry is still very profitable. Milk companies can move to the outlying islands. Although it will be far away from Hong Kong and Kowloon, it will definitely be much better than in Causeway Bay and Pok Fu Lam.
The outlying islands are all mountains and basins. Once they are developed, they will be most suitable for dairy farming.
Of course, there are more plains in the New Territories, which are more suitable for breeding. However, given Hong Kong Island’s current consumption of dairy products, there is naturally no need to raise more dairy cows.
Anyway, for now, the farms on the outlying islands are enough.
"We have now acquired the shares of three major shareholders, including Dr. Adolf. Together with the shares we acquired from the secondary market, we now own 33% of the shares of Dairy Farm."
"However, there are relatively few shares currently circulating in the market. If we want to privatize and delist, we will need to acquire more shares."
Zhao Mancang heard this and said:
"No problem, just go ahead and do it. It would be best if you can complete the acquisition without alerting anyone."
Unfortunately, things went against our wishes!
When Zhao Mancang acquired the Chinese Bank, Golden Gate Construction, Causeway Bay land, etc., it was relatively easy because they were all private enterprises.
However, as the share price of Dairy Farm broke through HK$7.5, Michael, who invested in Angel Bay, had not yet successfully acquired the 2.8% stake of another small shareholder, the share price suddenly soared to HK$9 per share on the 28th.
Extremely weird!
It is really unbelievable that the share price of Dairy Farm suddenly soared to HK$9 when there was no good news from the company and there was no other better news in the market.
Many economic newspapers, including the Hong Kong Economic Journal, as well as newspapers such as Sing Tao Daily, Wen Wei Po and Ta Kung Pao, have reported on the incident.
Many people may not have noticed that at this time, the Liberty Press is no longer available.
Because ever since Zhao Mancang proposed the plan to wipe out the entire family, which was such a blatant conspiracy, the editor-in-chief of the Liberty Press, Louis Cha, didn't care about these external affairs at all, and Shen Baoxin and Pan Yuesheng didn't discover this conspiracy either.
It wasn't until a week later when their newspaper sales plummeted to just over 500 copies that they came to their senses.
The Liberty Press has been hacked!
And they don’t know who did it to them, nor do they know what means the other party used, but they were done to them anyway.
A newspaper with a daily sales volume of 20,000 copies was hidden overnight. Shen Baoxin and other responsible persons did not even notice it and had no idea what was going on.
With sales of 500 copies, even a tabloid newspaper would have sales figures higher than this.
That's horrible!
However, worse is yet to come.
The police station and many other government departments came to the store and asked it to suspend operations and rectify the situation regarding the recent smear campaign against "Zhao Changshou" by the "Liberty Times". The store will be allowed to reopen only when the rectification is completed.
Just like that, their Liberty Press was temporarily suspended.
Readers who like The Return of the Condor Heroes are already going crazy at this time, but what is interesting is that some of the latest chapters of The Return of the Condor Heroes can actually be found in many inferior newspapers and magazines such as Dragon, Tiger, and Leopard, as well as pirated books.
So readers abandoned the Liberty Press and embraced these pirated books.
Louis Cha, Shen Baoxin and others were still dealing with the police department and other units, and they were in great pain.
They all knew that Zhao Mancang was definitely involved in this matter, but it was too late to regret it now.
Zhao Mancang is a wealthy man with a lot of money. Once he unleashes his power over money, it is indeed not something that Cha Liangyong and others can resist.
So Shen Baoxin and the others could only ask Jiang Sidun Keswick for help.
The result was obvious. Jiang Sidun naturally could not waste time and money on the "Liberty Press" which was destined to disappear. He could have thrown this time and money into other newspapers such as "Sing Pao", and the effect would only be better.
The abandoned Liberty Press finally reaped the consequences of its own actions.
But at this time, how many people in Hong Kong can still remember their "Liberty Press"?
Nowadays, everyone is attracted by the affairs of the dairy company.
The stock price of the milk company soared strangely, and the most shocked person was Zhou Xinian. He didn't understand and couldn't figure it out. He had clearly set up a dark market, so how could it be exposed?
At this time, the Hong Kong and Kowloon stock trading markets were not a bull market, but a bear market.
Of course, stock investors don’t eat shark fin rice every day, so when the Dairy Company’s stock price rose, stock investors were all in an uproar. The market sentiment was quickly spread, and everyone rushed to buy Dairy Company’s stock.
In just one day, the share price of Dairy Farm broke through HK$15.
The rapid rate of increase shocked all Hong Kong residents.
Just as Zhou Xinian was shocked and all the citizens in Hong Kong were paying attention, the property company suddenly published a full-page advertisement in the Sing Tao Daily, announcing the acquisition of the Dairy Company.
The acquisition plan was: two shares of Hong Kong Land Development with a par value of HK$5 for one share of Dairy Farm Company with a par value of HK$7.5. The acquisition plan was to be sent to the shareholders of Dairy Farm Company on January 4, 19560, and the two economic consultants hired were Jardine Matheson and Waldorf Astoria.
Judging from the acquisition conditions, the milk company will definitely not lose money.
Two shares of Hong Kong Landmark Group were exchanged for one share of Dairy Farm Group. Based on the closing price on December 15th, Dairy Farm Group was worth 12 yuan and Hong Kong Landmark Group was worth yuan, so the two shares of Hong Kong Landmark Group were worth yuan.
Therefore, once the shareholders of Dairy Farm are replaced, the share value will increase by HK$9.
In addition, the Hong Kong Land Development Company made various promises in its advertisements, claiming that the reorganized new company would be beneficial to shareholders of both parties.
In order to increase the attractiveness of the Hong Kong property company to shareholders, Hong Kong property made a small calculation and revalued its assets, which instantly exceeded HK$1.28 billion.
Just last month, their Hong Kong Land Development Company spent 300 million Hong Kong dollars to acquire the Central No. 1 land, which is now the king of land in Hong Kong Island. They also announced the development plan for this land this month and will hire the world's top designers to design and build the tallest building in Asia.
Therefore, it seems understandable that the valuation of their Hutchison Whampoa company exceeds HK$1.28 billion.
It's even seriously underestimated.
Even from a distance, Zhao Mancang had already figured out the plans of the Swire Properties, which were really loud.
"Boss, what should we do?"
Orley was chagrined because he had acted too slowly. He had only acquired 33% of the shares, a long way from finalizing the deal. "No rush. Let's see how the milk company responds first."
What Zhao Mancang said actually meant that he wanted to see how the current major shareholder Zhou Xinian would deal with this matter.
Although Zhao Mancang is the real major shareholder, as long as he does not show up, the 33% shares in his hands are just scattered shares and not worth mentioning.
After the newspaper was published, the whole of Hong Kong was in an uproar.
The outside world responded extremely enthusiastically to this, and the next day, December 30th, the Hong Kong and Kowloon Stock Exchanges quickly gave a new answer.
The share price of the Dairy Farm Company soared, rising by more than 40% on the day, and the share price suddenly broke through 20 yuan to reach 21.8 Hong Kong dollars.
The performance of Hong Kong Land Development was slightly lower, with its share price only rising to HK$14.5.
Kerton Road, Zhou family.
Zhou Xinian was already very angry, but he did not step forward to resolve the matter immediately because the executive director and general manager of the milk company, Kelun, was still abroad. He should have received the news and was rushing back to Hong Kong Island.
"Master, Thomas Chater, the boss of the Hong Kong Land Company, is here."
When the seventh uncle came to report the news, Zhou Xinian snorted coldly and his face became even uglier.
Thomas Chater came to visit with a sly smile on his face, ignoring Zhou Xinian's ugly expression and still said with a smile:
"Mr. Zhou, our Hong Kong Land Group is truly sincere. You should also be aware of our major move in November. We are backed by the Jardine Matheson Group, and we have sufficient capital to develop Dairy Farm."
"It can be said that the interests of milk companies are absolutely underestimated."
As a businessman, Thomas Chater was not as courageous or capable as his ancestors. At best, he was just an average businessman.
If it weren't for his good fortune, if it weren't for Johnston Keswick's nostalgia for the old times, Thomas Chater would never have become the manager of Hong Kong Land Development.
Of course, after working in the Hong Kong Land Development for so many years, Thomas gradually understood a lot of things and developed his abilities.
Not to mention other things, just the ability to flatter is something he is very strong at.
He made various promises to Zhou Xinian, saying that the new milk company after the reorganization would continue to employ Zhou as chairman.
At the same time, they praised Lao Zhou for his high moral character and gave him all kinds of compliments.
As the current major shareholder of the milk company, if Zhou Xinian does not fight back, the milk company will change hands in a matter of moments.
why?
Because the Hong Kong Land Development is backed by the Jardine Matheson Group, Jardine Matheson, as the largest company in Hong Kong and Kowloon, is powerful and well-known, and is known to everyone in Hong Kong and Kowloon.
Secondly, the milk company's operations are stable but not aggressive enough, and its idle land and properties have not been fully developed and utilized. Small and medium shareholders have long protested against this.
But in fact, the board of directors of the milk company is not a single entity. Although Zhou Xinian, the chairman of the board, holds the largest number of shares, he has never made it public and has always been developing in a low-key manner.
The sudden acquisition launched by the real estate company caught Zhou Xinian off guard.
Although Thomas Chater came to visit him in person with a smile on his face, Zhou Xinian did not scold him on the spot or even refuse to meet him, which was already giving him a lot of face.
You have to know that Zhou Xinian has been active in the political and business circles of Hong Kong and Kowloon for decades. How could Thomas just deal with him with a few horses?
Besides, does Mr. Zhou need flattery?
Moreover, Thomas of Landmark has no moral principles. He hit Lao Zhou with a club and even went to his house to personally command his troops. Does he really think that Lao Zhou is too old to be able to confront you, Thomas?
In addition to this, Zhou Xinian was bullied by Roland Burchet of Atlantic Capital some time ago, and the Chinese Bank was lost as a result.
All these things have completely aroused Lao Zhou's temper.
The table was overturned and the two sides went their separate ways.
The next day, December 31st, was the last stock market trading day of the year.
Zhou Xinian came to the milk company to convene a board meeting. Executive director and general manager Kelun also rushed back from abroad to attend the meeting.
Also attending the meeting was Li Zhu, chief director of Rothschild & Co.
The meeting ended quickly, and they contacted the "King Kong Daily" to print a full-page advertisement, clearly rejecting the acquisition plan of Hong Kong Land and calling on the shareholders of the Dairy Farm Company not to accept the acquisition proposal of Hong Kong Land.
The advertisement was sent out at eight o'clock in the morning, and the response of the Hong Kong Land Development was also very quick, at ten o'clock in the morning.
Thomas invited Ipoh and Waldorf Astoria to represent him in holding a press conference in the boardroom of the Hong Kong Land headquarters: announcing the acquisition and urging Dairy Farm shareholders to transfer ownership as soon as possible. The acquirer must register at the "Central Registry" on Pedder Street before January 4, 1960.
Looking at Hutchison Whampoa's acquisition plan and quick response, it is clear that Thomas wants to use a blitzkrieg to quickly end this acquisition campaign.
Dairy refused to acquire the company, and Swire Properties launched a fierce attack. Rumors spread in the industry and media reports were all over the place.
Newspapers such as the Industrial and Commercial Daily, Ta Kung Pao, Sing Tao Daily, Sing Pao, Hong Kong Commercial Daily, South China Morning Post, and Hong Kong Daily News are all reporting all kinds of explosive gossip.
For example, the boss of Hong Kong Land Development once again visited the Zhou family in Hatton Road. Thomas Chater and Zhou Xilin were having a pleasant conversation and seemed to have reached a new cooperation agreement.
As a result, some sharp-eyed people took a look and realized that this photo was the one published in the Sing Tao Daily a few years ago.
Wow, so this is the opening picture and the content is all made up?
On that day, the share price of Jardine Matheson soared, and the share price of Milk Stock soared straight up, with no end in sight, and the rise was quite rapid.
Housewives, young women, white-collar beauties, and men who picked their toes all came out in full force, carrying gold and silver.
There were crowds of people in front of the Hong Kong and Kowloon Stock Exchanges, and market sentiment was completely ignited.
Because today is the last day of stock market trading this year, who doesn’t want to make a lot of money and live a life of luxury with shark fin rice every day?
When the outside world went crazy, when Orley saw the news, he looked anxiously at Zhao Mancang again and asked:
"Boss, are we really not going to do anything?"
Seeing that they have gained such huge wealth, if a Cheng Yaojin like Hutchison Whampoa appears, then their Hongyuan Holdings may really miss out.
Zhao Mancang heard this and smiled to appease the other party:
"No hurries?"
Zhou Xinian holds 18.9% of the shares, plus Zhao Mancang holds 33% of the shares, which makes a total of 51.9%. So what will the Swire Properties use to acquire the dairy company?
Considering Zhou Xinian's grief over losing the Chinese Bank, it was impossible for him to lose the Dairy Company again. Otherwise, where would he put his old face?
Of course, Zhao Mancang couldn't just sit back and watch the two sides fight.
So Zhao Mancang called HSBC boss Pu Weishi to arrange afternoon tea today.
"Mr. Zhao, tell me the truth. You asked me to have afternoon tea today. What did you want to discuss?"
"Pu Weishi, I think you should be aware of the recently established Hong Kong Development Bank, right? I'm one of its major depositors. I still have some cash on hand, about 80 million US dollars. If..."
hiss!
Before Zhao Mancang finished speaking, Pu Weishi immediately said that he was free in the afternoon, and he was looking forward to the latter's visit at table 8 in the afternoon tea restaurant of the Peninsula Hotel at 2:30 this afternoon.
This reversal was really too fast.
Because Pu Weishi didn't want to miss out on Zhao Mancang, a big client. Eighty million US dollars is a huge sum of money.
Although some time ago, because Zhao Mancang needed to acquire companies such as Chinese Bank and Gammon Construction, as well as the previous acquisition of Hutchison Whampoa, he actually transferred a lot of money from HSBC.
After all, it is impossible for Zhao Mancang to acquire these companies by transferring all the money from Standard Chartered Bank or First Citibank, right?
So, just like that, Zhao Mancang and Pu Weishi made an appointment for afternoon tea.
The board of directors of the milk company was holding a closed-door meeting, but everyone was looking at each other in bewilderment because no one had expected that the company's shareholders would change.
Zhou Xinian became the major shareholder, while Dr. Adolf, one of the previous major shareholders, and three others had actually transferred their shares to Michael of Angel Bay Venture Capital, Roland Burchet of Atlantic Capital, and Mazel of Quantum Holdings.
When Zhou Xinian heard the name of Roland Burchet, his face suddenly became extremely ugly.
Because Atlantic Capital has a grudge against him, having just robbed his Chinese Bank, and now is trying to get involved in the dairy company?
Why is it haunting you?
These foreign investors are truly despicable. They see good things and want to grab them. How big is the colonial city of Hong Kong and Kowloon? How much profit can there be? Why are all of them rushing here to make a fortune?
The board of directors became very weird, but the things that needed to be discussed still had to be discussed. In short, the acquisition proposal of Swire Properties could not be accepted. This was the key point.
At the same time, Li Zhu of Luofuqi Company has also collected a lot of information and passed the information to major shareholders at the meeting.
At noon, the board meeting efficiently passed Rothschild's proposal, and the dairy company was about to launch another counterattack.
They held a press conference in the board office of the dairy company. All the important officials of the dairy company were present, even Dr. Adolf, who had already sold his shares.
As the lead director of Rothschild, Li Zhu, on behalf of the Dairy Farm Board, raised three main reasons for opposing the acquisition:
First, the dividend of Hong Kong Land is too low. According to this year's calculation, the dividend per share of Dairy Farm is HK$2.2, while the total dividend of the two shares of Hong Kong Land is only HK$1.2, which is a huge difference.
If the acquisition is accepted, the interests of shareholders will be seriously damaged.
Second, the profit of Hong Kong Holdings is too low. Taking this year as an example, Dairy Farm's profit per share is HK$3.08, while the two shares of Hong Kong Holdings' total profit is only HK$1.58.
The Hong Kong Land Development is terrible, I firmly reject it!
The third point is that Dairy Farm has an excellent reputation and strong strength, and is able to protect the long-term interests of shareholders, while Hong Kong Land is too adventurous and is unable to protect the interests of shareholders.
Li Zhu cited the fact that Hongkong Land spent a huge amount of HK$300 million to acquire the Central No. 1 land last month. It was purely an act of taking advantage of the situation. It would be very difficult to recover the cost of HK$300 million!
Assuming that the dairy company is acquired by Hong Kong Land, there is a high probability that it will be dragged into the quagmire by Hong Kong Land.
Therefore, it is absolutely impossible for it to be acquired by the Hong Kong Land Development Company.
The chief director of Rothschild & Co. vowed at a press conference that Swire Properties would not succeed.
The chairman of Wheelock and the chairman of Hutchison, who were present at the meeting, ate watermelons with a smile on their faces and said nothing.
In addition, Li Zhu also released a big move, announcing a stock split of one to five, and after the split, one bonus share per share.
In this way, each original share becomes ten new shares, and at the same time, the dividend per share is expected to increase by 48%.
As soon as the news came out, the entire Hong Kong and Kowloon Stock Exchanges were filled with the sound of gongs, drums and firecrackers, and the onlookers were waving flags and cheering, as if they would kill the Buddhas who stood in their way and the gods who stood in their way.
The Dairy Farm Company was in high spirits and its share price soared again, reaching HK$48 in a short period of time.
At the same time, not wanting to be left behind, the share price of Hong Kong Land Development also rose to a historical high of HK$30.7.
Table 8, The Peninsula Hotel, Tsim Sha Tsui, Kowloon.
The location of this table is very advantageous. Not to mention that it is next to the window, the key is that you can enjoy the panoramic view of Victoria Harbour. At the same time, the distance to other tables is a bit far, so this is a VIP table with good luck.
In the city of Hong Kong and Kowloon, profit comes first and harmony brings wealth, but at the same time, doing business also pays attention to luck. The number eight is a number with good luck for many Hong Kong and Kowloon citizens.
Even numbers like four and fourteen will not be reflected in Hong Kong Island.
For example, Yijing Garden where Zhao Mancang lives is a building with stairs, so the fourth floor, fourteenth floor, etc. in the stairs are replaced by numbers such as 3A and 13A.
Zhao Mancang didn't particularly care about these things, but when in Rome, do as the Romans do. Besides, the seat at table number eight was really great, so there was naturally no need to change it.
Pu Weishi came here early and had been waiting for a long time. When he saw Zhao Mancang, he was quite surprised and greeted the latter warmly.
After a long conversation, Zhao Mancang promised the other party that 80 million US dollars in cash would be sent to HSBC for deposit tonight.
The deal was settled, but Zhao Mancang's conditions were not yet stated.
"Pu Weishi, I wonder what you think about the current acquisition of Dairy Farm by Hong Kong Land?"
After hearing what Zhao Mancang said, Pu Weishi wanted to say that he would just sit and watch.
This matter has nothing to do with him. Although Hongkong Land is the largest subsidiary of Jardine Matheson, it is just an acquisition of Dairy Farm. So what?
The move by the Hong Kong Land Development is nothing more than taking a fancy to the properties and land owned by Dairy Farm, but so what?
For HSBC, even if Hongkong Land successfully acquires Dairy Farm, it is not a big deal.
After all, isn’t the land that the Swire Properties has hoarded enough?
A little more or a little less doesn't really matter.
In fact, if the Hong Kong Land Development is dragged down by this, this is what Pu Weishi would like to see.
But the next moment, Pu Weishi suddenly reacted. He remembered that Zhao Mancang owned a Changda Real Estate Group, which had acquired Kinmen Construction Company some time ago.
Changda Real Estate had even acquired a lot of land and industrial buildings before, and Zhao Mancang had asked him to help lobby the Governor's Office to invest in building a farm on the outlying island at a low price.
Honestly, wouldn't it be better to put the farm in the New Territories?
Why do we have to be so obsessed with outlying islands?
Putting this matter aside, Zhao Mancang now mentioned the hottest stock market acquisition war in Hong Kong and Kowloon. It seems that he is interested in the dairy company.
"You have shares in the dairy company? Do you want to acquire the dairy company as well?"
Pu Weishi lowered his voice and asked Zhao Mancang this, with some shock in his eyes.
Dairy Farm is not a small business. It has more than 2,000 employees and stable revenue. It is a relatively stable listed company on the Hong Kong and Kowloon Stock Exchanges.
Of course, Zhao Mancang is also a rich man. Even Pu Weishi doesn’t know how much money he has.
Because before October this year, Zhao Mancang had at most 300 to 400 million Hong Kong dollars.
But as Zhao Mancang received profits from his gold investment, he brought back more gold from other places, bringing his total deposits in HSBC, Standard Chartered Bank and Citibank to nearly 300 million US dollars.
But recently, Zhao Mancang has successively acquired Hutchison Whampoa, Chinese Bank, Gammon Construction Company and Causeway Bay land. Especially after the listing of Island Development Bank, Pu Weishi heard that the depositors' funds in that bank suddenly exceeded 2.5 billion Hong Kong dollars.
You should know that the Island Development Bank was formed by the reorganization of several banks including the Chinese Bank. There were not many depositors left before, especially in the Chinese Bank, many depositors of which ran away.
When the Hong Kong Development Bank announced that its gold and US dollar reserves exceeded HK$2.5 billion, many depositors immediately put their money back.
Not only does the Hong Kong Development Bank have large depositors, but the interest rate of this bank is higher than that of other banks, so everyone is happy to deposit their money in it.
Pu Weishi guessed that the money belonged to Zhao Mancang, so he had no idea how much money Zhao Mancang had. It was as if his funds were a bottomless pit and he could get as much as he wanted.
With so much cash in hand, how could Pu Weishi believe that Zhao Mancang had no interest in the milk company?
"Pu Weishi, don't you think the stock market bubble is too serious right now? As the head of HSBC and the stabilizer of Hong Kong and Kowloon's financial markets, if you allow them to speculate like this, I'm afraid it will have a huge negative impact on the stability of Hong Kong Island."
Zhao Mancang did not directly answer the other party's question, but said with a smile:
"So our Hong Kong and Kowloon Daily News would like to interview you to help cool down the current bubble in the Hong Kong and Kowloon stock markets."
This is Zhao Mancang's purpose, because only the influence of Pu Weishi, the boss of HSBC, can calm the citizens of Hong Kong and Kowloon.
At that time, Zhao Mancang will buy stocks on the stock market, contact Zhou Xinian to buy his stocks, and announce the acquisition of the milk company.
By this time, the so-called acquisition plan of the Swire Properties was undoubtedly ridiculous, because Zhao Mancang's acquisition plan far exceeded that of the other party.
(End of this chapter)
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