However, Xiao Shan simply smiled and did not sign the document.
"After you acquire a controlling stake in Wharf Holdings, the shares of Jardine Air Cargo Terminals can only be exchanged for 1% of Wharf Holdings' equity. This equity can only be formally transferred after you complete the acquisition of controlling stake."
Xiao Shan turned to Shen Daban and smiled, "HSBC holds a 20% stake in Swire Airlines, the parent company of Cathay Pacific. I would like to exchange the remaining 1.7% stake in Wharf Holdings with you."
Taishan's acquisition of Jardine Cargo Terminals, Jardine Aviation Services, and Hong Kong Airport ground handling is aimed at indirectly acquiring shares in Cathay Pacific.
However, Swire Group had too much control over its own shares, making it impossible for Taishan to penetrate its internal structure. So, it launched an attack from downstream companies.
Now it wants to take control of Swire Airlines Group, the parent company of Cathay Pacific.
Like a sandwich, they squeezed Cathay Pacific out from the middle and eventually completed the acquisition.
"Hahaha..." Shen Daban laughed heartily, "Xiao Sheng is too impatient. How would you like to change it?"
"I'll exchange whatever amount you have," Xiao Shan replied with a smile, without mentioning a loan.
Upon hearing Xiao Shan's words, Shen Daban said seriously, "HSBC will not exchange shares at a price of HK$100!"
Talking about business!
The Keswick family and the shipping magnate were only willing to be taken advantage of in order to gain control, and HSBC naturally wouldn't accept that price.
“Of course!” Xiao Shan nodded and said, “How about HK$86 per share based on the current share price? I value Taikoo Aviation at HK$50 billion, and exchange 1.7% of Wharf Holdings for 1.4% of Taikoo Aviation’s equity.”
Shen Daban did not respond immediately, but slowly considered the profits and losses involved.
There is no doubt that Wharf Holdings' prices are still inflated.
But a buyer was sitting right next to them, very willing to offer HK$100 per share to acquire the shares, making a profit of HK$2200 million in a single transaction.
Xiaoshan's valuation of Taikoo Aviation is also acceptable, and they even took the initiative to make concessions, which is a very rare behavior in Shen Daban's view.
“Okay!” Shen Daban nodded in agreement.
Regardless of the outcome of the transaction, HSBC and Taishan are the beneficiaries.
Behind the fact that both sides profited, the shipping magnate was actually being taken advantage of.
However, for the shipping magnate, as long as he could acquire Kowloon Wharf, he was willing to be taken advantage of once.
Amidst laughter and conversation, the lawyers for both parties successfully completed the equity swap.
Shen Daban directly transferred the Wharf Holdings shares she had acquired to Bao Chuanwang.
By earning interest on a HK$20 billion loan, profiting from the Wharf Holdings and Swire Airlines deal, and ultimately making a profit of HK$1.6 million from the loan, HSBC appears to be the biggest winner in this transaction.
After all, if someone is powerful enough to influence the situation, they should benefit the most even without making any sacrifices.
Having successfully planted a stake in Swire Airlines, Xiao Shan instructed his subordinates to put away the shareholding documents and smiled at the shipping magnate, saying, "I will stand up and announce my support for you to become the chairman of Wharf Holdings when your shareholding reaches 50%. I hope you can keep your promise."
"Of course!" the shipping magnate replied in high spirits.
Whether it's spending more money or being ripped off, acquiring a 2.7% stake in Wharf Holdings is no small feat.
With today's acquisition, I'm getting closer and closer to controlling the company.
Once we achieve complete control, everything we've sacrificed will be recouped from the Jardine Matheson Group!
……
On television, a report was broadcasting about Sony's new product development. Akio Morita, known as the "God of Management" in Japan, was promoting "headphone culture" to reporters and emphasizing that the "Walkman" is a symbol of youth, vitality, and fashion. He said that Sony has overcome the final technical problems and the Walkman will be available to the world next year.
Xiaoshan is extremely grateful for this; even before the Taishan Walkman was released, a great person was already promoting it for free.
There are three documents on the desktop!
Data shows that although Hong Kong is the world's most avid newspaper reader, newspaper sales have been declining year by year, with the trend being even more pronounced in the lower-tier newspaper market, while only elite newspapers have remained completely unaffected.
This is an inevitable result of the development of the times.
Modern young people have less and less patience to read newspapers, and the content reported through digital media and audio is more convenient and less effort-intensive to watch and listen to.
As time goes by, newspapers will gradually decline, and television stations will inevitably take over the baton to pass on information. But who would have thought that traditional media would hand over the baton to self-media?
This is an inevitable result of the media industry's transformation and upgrading. Taishan also needs to maintain its leading position in the media industry before the print media industry completely declines.
Chapter 704, Introducing Your Daughter to Me? (Please Subscribe!)
The late 70s was a turning point.
Japanese counterfeiters rose to prominence quickly by imitating Western product designs and were once hailed as the world's largest wholesale market for counterfeit goods.
In the 60s, Japan made a big foray into automobile manufacturing, and through the 73 oil crisis, it completely crushed the United States' 8-cylinder, fuel-guzzling cars.
As the 80s approached, Hong Kong chose to transform into the financial services industry, while Japan opted to fully enter the electronics industry, with companies such as Sony, Hitachi, and Toshiba challenging the United States.
However, Sony, the bridgehead of Japan's electronics industry, is likely to be cut off.
Xiaoshan wouldn't dare say he could single-handedly crush the entire Japanese electronics industry, but he could certainly pick a few sectors and give them a good beating.
Hong Kong's transformation into a financial services industry was a development direction set by John Bull and the Hong Kong government, which Xiaoshan agreed with and was willing to participate in.
However, this does not mean that Mount Tai can only develop in this one direction.
On May 25 this year, the plane crashed, killing 273 innocent people, which was also the largest plane crash in the history of the United States.
On October 7 this year, a plane overran the runway during landing in Athens due to heavy rain, resulting in the accidental deaths of 14 people.
As the safest mode of transportation, any accident involving an airplane will attract worldwide attention and be reported by global media, sparking public concern.
Both incidents caused the stock prices of various airlines to fall, and even the unlisted Swire Group was affected.
Xiaoshan had already planted a seed in Taikoo Aviation, and intelligence about Taikoo Aviation kept flowing to Taishan.
Xiaoshan can calmly plan and determine the timing for its strike.
Taishan Holdings has reached a cooperation agreement with South Africa to continuously transport finished spot gold and gold ore to Hong Kong via global shipping.
Both paper gold and gold futures are being accumulated slowly. Xiaoshan does not want to raise the price of gold too high, thereby attracting the attention of those with ulterior motives.
Everything was proceeding in an orderly manner, yet everything was also changing quietly.
The Hong Kong Jockey Club is the most prestigious club in Hong Kong and a non-profit club organization in Hong Kong.
Membership applications must be recommended by selected members, all of whom are top tycoons in Hong Kong, and membership in the Hong Kong Jockey Club is highly respected.
The Hong Kong Jockey Club had long wanted to bring Xiaoshan into it, but Xiaoshan was too lazy to even join the Freemasons, let alone this regional Jockey Club.
Later, Shen Daban, Bao Chuanwang and others also mentioned it, but Xiao Shan smiled and refused, too lazy to play along with them.
Instead of using this time, Xiao Shan should stay home with his family, cultivate, or chat with the people in the chat group!
However, Xiaoshan had business to discuss today, so he accompanied Sha Dantong, the founder of Chow Tai Fook, to take a look.
The four long-established Hong Kong Chinese families have either declined or faded from public view, while the four emerging Hong Kong Chinese families are developing rapidly.
If Xiaoshan's influence in Hong Kong weren't still relatively weak, these four emerging families would probably be undergoing a transformation.
He yawned, which wasn't very polite, but Xiao Shan was just too bored and sleepy.
Sha Dantong smiled and said, "It's quite surprising that Xiao Sheng, at his age, isn't interested in horse racing..."
Before the invention of the automobile, horses were the primary mode of transportation.
In ancient times, horses held a status no less important than cars today, and the Akhal-Teke horse was comparable to a Rolls-Royce.
Therefore, when Guo Jing and Huang Rong first met in Jin Yong's novel, Guo Jing gave Huang Rong his little red horse, which was tantamount to giving her an imported supercar during the Southern Song Dynasty when horses were scarce.
Moreover, carrying five ingots of gold to a meal is equivalent to carrying 200 million yuan in cash with him, so it's no wonder that Huang Rong fell in love with him at first sight.
It was precisely because of the popularity of Mr. Jin Yong's novels and Hong Kong's influence on martial arts and the Western world that the love for horses far surpassed that of other regions.
It would be very strange for someone from a generation that should be influenced by Jin Yong's novels to be bored with horse racing.
"I... am still interested in business!" Xiao Shan waved his hand and said.
For Xiao Shan, cultivation is far more interesting than horse racing!
"Hmm!" Sha Dantong nodded. "What does Xiao Sheng think of my Ah Xia?"
"What do you mean by this?" Xiao Shan was completely bewildered.
Sha Dantong smiled and said, "Xia has always been a strong-willed girl. She doesn't like most men, but she has a good impression of you!"
Sighing, Sha Dantong continued to herself, "My two sons have absolutely no talent for business. They're only interested in eating, drinking, and having fun; they don't want to learn anything. If I hand the company over to them, they'll squander it all sooner or later. I just want to find a capable son-in-law to continue the family business..."
"I love my wife and children very much, and I have no other thoughts!" Xiao Shan waved his hand. "Besides, aren't you afraid that I'll sideline your two sons and completely take over the Zheng family?"
"To annex the Zheng family?" Sha Dantong laughed nonchalantly. "If we can annex them, then let's annex them! Those two spendthrift sons will squander it all sooner or later anyway. They can be of greater use in your hands."
This answer left Xiaoshan speechless.
But on second thought, when it comes to this kind of thing, Sha Dantong is actually the most open-minded among Hong Kong's wealthy families.
Chapter 705, Jianing Group! (Please subscribe!)
Xiao Shan smiled and waved his hand: "Thank you for your kindness, Mr. Zheng, but unfortunately I am not worthy of it!"
Hearing Xiao Shan say this, Sha Dantong understood his meaning and didn't say anything more.
"That's a real pity!" Sha Dantong shook his head and sighed. "I'll have Chow Tai Fook give you a report on the losses from gold processing. There's no need to acquire Chow Tai Fook's gold processing business; I'll give you a 6% discount based on the market price!"
"It's not that I don't want to sell to you, it's just that you can't control it at all."
“Since ancient times, gold miners have stolen gold and silver miners have stolen silver. They have too many ways to take gold away silently, and it is impossible to guard against them all.”
"Do you know why Chow Tai Fook is still called Chow Tai Fook, and even after I got it, it wasn't renamed Zheng Tai Fook? That's because the gold-working business of Chow Tai Fook has always been handled by the Zhou family, the family's powerful parent company!"
“Through blood ties and mutual supervision, once you become the son-in-law of the Zheng family, no one in the Zheng or Zhou families will dare to steal their own people’s gold.”
“Since you’ve already refused, you’re an outsider. If they stole your gold, they’ll cover for each other inside. In this industry, it’s impossible to ever find out the truth.”
An ounce of gold costs $425, so a gram is HK$75. That's barely a tiny amount!
The goldsmith doesn't even need to steal that much; just a tiny bit of gold dust, 0.1 gram, hidden on his person will guarantee you immense suffering.
What's even more complicated is that each theft of 0.1 grams is only worth HK$7.5. Is it really necessary to impose a sentence for this HK$7.5?
These tough, unyielding pieces of meat, if you don't impose a sentence, you're really not afraid of them.
It is common knowledge that gold is subject to wear and tear, which became a perfectly legitimate reason for goldsmiths to do so.
Of course, you can also hire more people to conduct thorough body searches and inspections of the goldsmiths every day after they finish get off work.
The goldsmith would have to agree to have his private parts searched every day, as goldsmiths are a rare talent in Hong Kong.
And you'll soon find that the cost of hiring a few people to search you every day is higher than the cost of those goldsmiths stealing gold.
And searching everyone's body every day after get off work is such a hassle.
Therefore, the business of gold farming is not something that can be done simply by having money.
"Well... thank you!" Xiao Shan nodded, indicating his understanding.
Just then, a burly middle-aged man strode over and said in a hearty voice without any hesitation, "Mr. Zheng, hello! Is this the famous Mr. Xiao of Mount Tai?"
Upon hearing the man's words, Xiao Shan immediately frowned.
This guy knew my identity at a glance; he had obviously gathered information about me beforehand.
Being targeted by a complete stranger is not a good thing in Xiao Shan's eyes.
Even if I could strangle that guy anytime!
“Come, let me introduce you!” Sha Dantong said to the two of them, “This is Mr. Chen Dongqing, a senior civil engineer from Malacca, and currently the chairman of the Jia Ning Group. I don’t need to introduce this one, do I?”
"No need, no need!" Chen Dongqing quickly replied respectfully. "Mr. Xiao's name is renowned far and wide. It is my honor to meet you. This is my business card!"
Chen Dongqing accepted the business card handed to him with both hands with one hand. Although it was somewhat impolite, he dared not have any objections.
The disparity in strength between the two sides was so vast that even if Xiao Shan threw his business card on the ground in front of them, it wouldn't cause the slightest dissatisfaction. Any dissatisfaction would have to be suppressed, replaced by a smile and praise.
Chen Dongqing, Chairman of Jianing Group!
Xiao Shan was initially a little confused, but upon hearing the name, he understood completely what this person in front of him was.
The "Caring case" can be said to be one of the most unbearable wounds since Hong Kong opened to foreign trade.
"Hello!" Xiao Shan nodded indifferently.
Normally, Xiao Shan wouldn't bother with this kind of person at all.
But this guy was paying close attention to him, and Xiao Shan wanted to see what he was up to.
You'll Also Like
-
Ling Cage: Many Children, Many Blessings - I Became the Head of Dawn
Chapter 116 9 hours ago -
The Great Voyage: The Props Master on the Straw Hat Ship
Chapter 829 9 hours ago -
Star Railway, starting as Kiana
Chapter 384 9 hours ago -
Siheyuan: I have a multi-dimensional chat group!
Chapter 463 9 hours ago -
"Senpaku, I am Sakamoto. What brings you here?"
Chapter 127 9 hours ago -
Super Dimensional Academy
Chapter 203 9 hours ago -
After the yandere fairies were reborn, they all wanted to possess me!
Chapter 249 9 hours ago -
Villain: After I died, all the heroines cried themselves to sleep.
Chapter 363 9 hours ago -
My mom is waiting for treatment, and you're summoning me to be a hero?
Chapter 470 9 hours ago -
He had just been reborn when he was imprisoned by his nemesis, the Empress?
Chapter 154 9 hours ago