Chapter 812 Self-insurance by share exchange
After Xia Yu gave the order, Wang Qi immediately took action and began to integrate the relevant business intelligence of the Kadoorie family, and at the same time held Xia Yu's order to integrate the shares of the companies involved in the Kadoorie family within the Jiuding consortium.
Jiuding Bank, Jiuding Securities Company, Jiuding Insurance Company, etc., under Jiuding Financial Group, have strong financial strength and have carried out investment business, and stock investment is the most common one.
Not to mention that Chairman Xia Yu has pointed out that Hong Kong stocks have been in a bull market in recent years, and you can rest assured and boldly invest in the stock market.
Therefore, these companies have swept the stock market one after another, but they do not let go of all blue chip stocks, and they hold many and miscellaneous stocks.
Among them happen to be the shares of two listed companies in which the Kadoorie family is involved.
They are Xiangjiang Shanghai Hotel Group and CLP Power Hong Kong Limited.
As for Heung Kong Carpet Co., Ltd., another pillar established by the Kadoorie family in 1961, as well as other companies in the real estate, construction, dyeing and printing industries, they are not yet listed, and they are basically more than 50% owned or even wholly owned by the Kadoorie family, so they cannot be controlled at all.
Of course, some listed companies with a small financial investment by Kadoorie & Sons Investment Co., Ltd. are a different matter and cannot be regarded as a property owned by the Kadoorie family, so they are not considered.
......
"Norman, you've been back in England for two months, I haven't seen you in a long time, it's great to see you!"
Arriving at the mansion of the Shi Yahuai family in Victoria Mountain, Lorence Kadoorie met the helmsman of the Swire Consortium, who was more than ten years younger than him, and greeted him warmly.
Norman Shiya smiled and was equally enthusiastic: "Yes, it's been a long time, Roland, let's put things here, please take a seat!"
"Thank you!"
"Is it still black coffee? Are you sure you don't add milk?"
"Of course, you know me, I love the bitter taste of black coffee, just like savoring life. β
"OK, unique taste, please wait ......"
Soon, the two were drinking coffee and chatting.
"Roland, why do you have time to come to me today?"
Taking a sip of coffee, Norman Shi Yahuai asked with a smile.
Foreigners speak quite directly, not as subtle as the Chinese, and like to go around in circles.
If it was a rich Chinese man on the other side, Norman Shi Yahuai would definitely not speak in advance, but since he was a friend and ally of Roland Kadoorie, it was naturally a different matter.
Hearing Norman Shi Yahuai's question, Roland Kadoorie swallowed the black coffee in his mouth, showed bitterness on his face, sighed unabashedly, looked at Norman Shi Yahuai and said: "Norman, I came to ask you for help this time, I have encountered a super big problem. β
Norman Shi Ya frowned, sat up straight and asked, "Roland, your family's strength can rank dozens in the entire Xiangjiang, why are you in trouble?"
As soon as he finished speaking, a flash of inspiration flashed in Norman Shi Yahuai's mind, and he blurted out and asked, "Could it be Xia Yu?"
Lorence Kadoorie was stunned, he didn't expect Norman Shi Yahuai to guess it so quickly, and he didn't bother to ask how he guessed, he bowed his head slightly, and said: "Yes, he came to me, no, it was to find us trouble." β
"Before I came, Wang Qi of Jiuding Securities found me and wanted to acquire all the shares of Xiangjiang Telephone Company held by me, and the purchase price was pressed to 17 Hong Kong dollars per share, which is simply bullying!"
"Seventeen Hong Kong dollars per share?"
Norman Shiya frowned, stared at Lorence Kadoorie and asked again.
The latter nodded to show that he was right, and said in a flickering voice: "I don't want to sell at all, and we are allies, and the Heung Kong Telephone Company is now controlled by the Swire Group, of course I can't stab you in the back, so I directly refused." β
"Before leaving, Wang Qi used threatening words to ask me to think about it for two more days, where will I think about it, no, I came to you directly. β
"By the way, I had already learned about the stock price of Heung Kong Telephone Company before I came, and now it has fallen to 15.8 Hong Kong dollars per share, which is nearly 20 Hong Kong dollars in just a few days. β
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Hearing this, Rao is Norman Shi Yahuai is over sixty years old, and he still can't help but burst out foul language.
It's all a curse from heaven!
Originally, the Heung Kong Telephone Company had been annoyed by the public opinion turmoil in the past few days, and yesterday he went to the Hong Kong Governor's Mansion to explain to MacLehose.
At the same time, they also have to endure the pain of the collapse of the stock price of Heung Kong Telephone Company.
Who knew that now Rorente Kadoorie has brought another bad news, Xia Yu actually thought about Xiangjiang Telephone Company.
As the largest shareholder of Heung Kong Telephone Company, Swire Group holds 24.5% of the shares.
Just as Lorence Kadoorie considered, although the stock price of the Hong Kong Telephone Company plummeted, Norman Shi Yahuai was not in a hurry, and did not think about selling the stock.
After all, after the dismemberment and elimination of the Jardine Matheson Consortium and the elimination of HSBC, the Swire Group is now the No. 1 British consortium in Hong Kong.
Relax all restrictions, and only HSBC and Jiuding Consortium will be on the head of Swire Group.
Therefore, no matter how the share price of Heung Kong Telephone Company falls, it will be difficult to have any impact on Swire Group, and Swire Group has the capital to wait and use time to eliminate the impact and let the stock price of Heung Kong Telephone Company rise again.
When Xia Yu said through Jiuding Securities Company to recover his losses, Norman Shi Yahuai had a guess, but he was not sure where to start, and now he learned that the target was not Dadong Telegraph Bureau Xiangjiang Co., Ltd., but Xiangjiang Telephone Company, and his mood was completely beep.
It is a troublesome thing to conflict with the Jiuding consortium.
"Norman, what are you going to do?"
Seeing that Norman Shi Yahuai's complexion stopped changing, Roland Kadoorie immediately asked out loud, looking at the former closely.
Norman Shi Yahuai sighed and said helplessly: "Lorantz, do you think we can retreat?"
Lorence Kadoorie immediately shook his head: "No!"
Norman Shi Yahuai nodded, and said as if to himself: "Yes, no, the Jardine Matheson Consortium has been completely dismembered, and now it has completely disappeared in Xiangjiang, and in more than a year, the Jiuding Consortium has also digested the company acquired from the Jardine Matheson Consortium." β
"Because of the Jiuding Consortium, in the past two years, the strength of the Chinese-funded consortium has increased greatly. β
"Now openly and secretly, I don't know how many people are staring at us, as long as we show fatigue, it is easy to be troubled to find us. β
Hearing this, Rorente Kadoorie felt the same way, and said: "It's all because the Jiuding Consortium has opened this Pandora's box, the courage of the Chinese capital has been much greater, and they have formed an alliance with each other, and the degree of unity is not as high as before, and the pressure on our British capital is increasing day by day!"
Of course, if it weren't for this reason, the British-funded consortium and the family, which were originally fighting separately, would not have come together and secretly formed the Heung Kong British-funded Alliance headed by the Swire Group.
There is no way, who let the four major British-funded consortiums, the Jardine Matheson Consortium be dismembered and eliminated, and Hutchison Whampoa was annexed, leaving only the Swire Consortium and Wheelock.
But Wheelock is still in a quagmire, taking care of itself, and its strength is inferior to the Swire Consortium, and the position of the leader of this alliance is naturally that of the Swire Consortium.
As for HSBC, which is the strongest in the real sense, it is needless to mention that it was directly excluded from the British capital of Xiangjiang.
Many of them were very angry with Shen Bi, a traitor who only had money in his eyes, completely disregarded their interests, and was bent on dealing with Chinese capital.
Shen Bi himself must be aware of this, but he judges that the future of Xiangjiang lies in the Chinese capital, as the chairman of HSBC, he only needs to be responsible for all shareholders, so naturally interests are paramount, and he doesn't want to get involved in all kinds of conflicts of interest.
"So Norman, you mean you won't sell your stake in the Xiangjiang Telephone Company?"
In the face of Rorente Kadoorie's questioning, Norman Shi Yahuai nodded without hesitation and said: "Of course, whatever they do, I will definitely not sell it anyway." β
Rolands Kadoorie immediately smiled and said, "That's good." β
"Swire Group holds 24.5 percent of the shares and we hold 15.8 percent of the shares, bringing the total to 40.3 percent. β
"The Hong Kong government still holds 20 percent, and the Hong Kong government will definitely not sell it, so the upper limit of Jiuding Securities' acquisition is only 39.7 percent, which is also unable to compete with us. β
Not to mention that at least 15 percent of the shares of Heung Kong Telephone Company are in the hands of other British families. β
Norman Shi Yahuai obviously thought of this as well, so he smiled and said, "That's right, we can't fail in theory. β
"Although others hold shares, they may not be able to withstand the pressure of the Jiuding consortium, and they may sell their shares, but it doesn't matter. β
Lorence Kadoorie immediately seized the opportunity to sell miserably: "Norman, other people will definitely not be able to withstand the pressure, even I can't withstand the pressure, I have to come to you." β
"You also know that in the financial field, the strength of Jiuding Consortium is too terrible, and it can grow up because of its indisputable financial strength. β
"Now that the Jiuding Consortium has strong capital, if you make trouble for me in the stock market, it will be a big trouble, Norman, Shen Bi is unreliable, and I can only trust you in the whole Xiangjiang." β
"It's better to do this, in order to facilitate your control of the Heung Kong Electric Power Company, and for me to keep the China Power Company, we will exchange shares between us, I will transfer the equity of the Heung Kong Telephone Company to you, and you will transfer the equity of the China Power Company Limited to me, and I will make up the difference in cash, what do you think?"
At this time, Rorenz Kadoorie finally showed his fox tail.
Norman Shyahuai's face changed, and his deep gaze was fixed on Rorenz Kadoorie, who was as thick as a city wall, and kept an expectant smile, not at all weak.