Chapter Eighty-Nine: The First Wharf Storm

Wharf Holdings Limited is a conglomerate listed on the Hong Kong Stock Exchange and one of the top 10 real estate developers in Hong Kong. Founded in 1886 by Paul Chater, it was originally the name of Hong Kong's largest cargo port, and its name at that time was Hong Kong Kowloon Ferry Terminal and Warehouse Limited.

Wharf is the largest wharf in Hong Kong, and its industries include most of the wharves and warehouses on Tsim Sha Tsui, the New Territories and Hong Kong Island in Kowloon, as well as hotels, buildings, trams and other high-quality industries. There are rumors in the rivers and lakes that whoever owns Wharf will control most of Hong Kong's cargo handling, storage and transportation, and cross-harbour ferries.

At this time, there were no four major families in Hong Kong, only the four major foreign companies, and the owner of Wharf was the Jardine Group, the head of the four major foreign companies. As the largest British-funded consortium in the Far East that had trade with China during the Qing Dynasty, Hong Kong has the saying that "Jardine's face, Swire's silver paper" - which shows the economic status of Jardine Matheson at that time. Therefore, Wharf is actually pure British in terms of capital structure, and is known as "Jardine Matheson Wings" together with Hongkong Land.

Now is the moment when Li Chaoren wants to buy Wharf, and it is also the time when the first Wharf scramble for shares has reached its peak, and Bao Zixuan is ready to cash out.

In August last year, Bao Zixuan used $10 million to leverage HK$200 million through leveraged capital allocation to buy Wharf stocks.

At that time, Wharf's share price was 13.03 yuan, and now it has risen to 46 yuan, and the stock price has risen 3.5 times. And Yuan Tianfan did not live up to Bao Zixuan's expectations, taking a total of 13.8% of Wharf's shares. For this reason, Bao Zixuan wants to reward their team with a bonus of 3 million Hong Kong dollars, which has already been negotiated.

Bao Zixuan explained to Yuan Tianfan on the phone very early on, once the stock price exceeds 45 Hong Kong dollars, he can sell it. This is the highest price at this stage, in fact, he also thought about buying Wharf.

After the acquisition, just collecting rent every year is enough for future generations to have food and clothing, but there are too many interests involved. It's not that you can do whatever you want if you have money, and too many interests are involved. With his own foundation, he will soon be carved up by these tycoons. After all, it has been too much energy to carry RB and European and American companies in the international market.

Even if Heung Kong doesn't need to rely too much on local companies, sometimes it will be difficult for you to move an inch when everyone joins forces. I don't sell your sand, cement, steel and other building materials when you build a factory. All engineering teams are not allowed to undertake any projects of Heiyun Group. This is all a lesson from the past.

And in the end, the Governor's Mansion may come forward, isn't this how Huo Daheng launched the development of Xiangjiang real estate back then!

If you really forcibly acquire companies such as Wharf and Hutchison Whampoa, then not only British-funded enterprises will clean you up, but also Chinese-funded enterprises will offend you.

In the end, I still want to make a sum of money and leave, and then find other targets to start.

Bao Zixuan came to the investment department of HSBC at this time, and Yuan Tianfan was already waiting for him in the reception room, and he had made an appointment in advance before coming.

Yuan Tianfan didn't expect that he would let himself buy 200 million Hong Kong dollars of shares just after meeting once, and he almost ignored it during the period, never met once, and the phone call was only passed twice.

One was to tell him that the acquisition had been completed according to the target, and the other was to tell him that it had reached 45 Hong Kong dollars per share. However, this is now the hottest business rookie in Hong Kong, and the business vision is really admirable.

In just half a year, Wharf's share price has skyrocketed by 3.5 times, which is an income that everyone envies.

The secretary poured a cup of coffee for each of them and left. Now only Bao Zixuan and Yuan Tianfan are left in the reception room.

Yuan Tianfan: "Bao Sheng, it's too difficult to see you. With such a large sum of money in the stock market, I can't sleep well every day! It's really impressive!"

Bao Zixuan said with a smile: "I look at people first when doing business, as long as I cooperate, I must trust each other." I studied science and engineering, and Manager Yuan may not be able to catch up with me when it comes to manufacturing machinery, but when it comes to buying and selling stocks, can I still be better than you, a talented student in the economics department of the University of Chicago!"

Yuan Tianfan: "Bao Sheng is really different from many bosses in Xiangjiang, I often meet people who teach me to speculate in stocks!"

Bao Zixuan: "What's the matter, I'm afraid that this kind of layman leads an insider!"

Yuan Tianfan said with a smile: "Very Chinese people don't think so, then I will report to you about the acquisition of shares by Wharf this time!"

After seeing Bao Zixuan nodding, Yuan Tianfan sorted out the information and said: "This time, according to your requirements, we started selling at the price of 45 Hong Kong dollars, and all the sales were completed yesterday, with an average transaction price of 45.36 yuan." We used a total of HK$200 million at the time of acquisition, with an average opening price of HK$13.25. ”

"At present, all the shares have been sold, and we have returned a total of 685 million Hong Kong dollars. After deducting the HK$152 million allocated by HSBC, plus HK$31 million in fees, interest, bonuses and other expenses, you currently have HK$510 million in your account. ”

Bao Zixuan didn't expect that in just half a year, stocks could be so profitable, no wonder many people like to engage in the financial industry, which is easy, less labor, and quick results.

But if you think about it carefully, that is, you know the development of history, if you change someone who doesn't have such courage, what if the stock market falls again in a few months. If it coincides with the stock market crash, then there may be no people left to speculate in stocks by allocating funds. It is in this situation that many people lose their money.

The stock market is risky, and you need to be cautious when entering the market. This is not an empty phrase.

Suddenly it occurred to me that the bonus given to Yuan Tianfan's team had not yet been cashed! After all, it was promised to others, and it was supposed to be paid at the end of the stock acquisition. But I haven't seen each other all the time, and I have made a lot of money this time, so I can't be too stingy.

Bao Zixuan smiled and said, "Thank you for your hard work, Manager Yuan, I am very satisfied with your work." According to my promise at that time, you should be rewarded with 3 million Hong Kong dollars. That would make me too stingy. ”

After speaking, he wrote a check for 5 million Hong Kong dollars and handed it to Yuan Tianfan, "This is 5 million." The extra ones count as extras, so you should treat your teammates to tea. ”

Bao Zixuan can actually give 3 million, but after thinking about it, it is better to be generous, after all, there are still many places to use Yuan Tianfan in the future. And it won't be long before Wharf's first takeover battle is over, it will be Cheung Kong's turn to buy Hutchison Whampoa, and both stocks will rise sharply.

Looking at the check in his hand, Yuan Tianfan couldn't calm down for a long time, and said that Boss Heiyun was generous. I finally saw it today, and 2 million eyes were sent out without blinking.

Yuan Tianfan said with a smile: "Then I will thank my teammates for the tea money, the tea money has been settled in our lives." ”

Bao Zixuan didn't study economics in his previous life, he only knew about a limited number of acquisitions that went down in history, so he didn't plan to take out the money, but continued to put it on the stock market, after all, after 80 years, many acquisitions in Xiangjiang are not so thrilling.

Yuan Tianfan looked at the pensive Bao Zixuan and continued: "What are your plans for Bao Sheng's money. ”

He knew that Bao Zixuan's wealth in his account with HSBC was increasing every moment, and he would see if he could make a fortune.

Bao Zixuan: "I hope Manager Yuan can help me continue to buy 2 stocks." ”

Yuan Tianfan: "I don't know which 2 stocks Bao Sheng wants to sell, this time I need HSBC to allocate funds like this." ”

Bao Zixuan: "This time, you can double the fund, after all, HSBC's handling fees and interest are not very cheap." Acquired shares in Hutchison Whampoa and Cheung Kong Holdings. Or is it the end of this year for the acquisition deadline, I don't have any requirements, after all, you are professional in this area, you can spend the money. ”

After explaining some things to Yuan Tianfan, He Mingcheng came to HSBC after reviewing the contract. Bao Zixuan signed his name.

Even if you know how to make money, you don't dare to invest too much, and the market value of Hutchison Whampoa is about 60 billion. Changjiang Industry is less than 1 billion, and Bao Zixuan has about 10 billion funds including allocation. It is possible to acquire 15% of each of the two companies. If there are too many acquisitions, it will exceed the bottom line of the hearts of the bookmakers and the capitalists, so everyone will definitely join forces to clean him up first.