Chapter 713 - Monopolizing Three Industries (First Update)

Xia Yu smiled faintly and said: "Then I will exercise the rights of a major shareholder, take over the board of directors, and immediately start the company's rectification and strip Hutchison Whampoa's non-performing assets." ”

"I think it is necessary to separate the three businesses of real estate and infrastructure, ports and retail, and it is certain that financing and share expansion will be carried out. ”

Although Xia Yu's words were said lightly, they exploded in Qi Dezun's ears like thunder, making him look violent.

"Mr. Xia, are you threatening me?"

Qi Dezun was so angry that his face turned red, and his eyes were about to breathe fire.

Although Hutchison Whampoa directly or indirectly controls more than 200 companies, the most eye-catching are the three major businesses, and it is these three major businesses that contribute huge profits that have made Hutchison Whampoa support until now.

Needless to say, these three major businesses, real estate and infrastructure, rely on the huge land reserves of the British-funded consortium, Hutchison Whampoa is properly one of the big landowners in Xiangjiang, and the top ten real estate developers have it.

The port business is the cornerstone of Hutchison Whampoa.

Among the 24 ports of call in Xiangjiang, the Hutchison Whampoa family has 14 berths, especially the container port, and Hutchison Whampoa accounts for the majority.

Heung Kong Port is one of the busiest international container ports in the world, backed by the mainland, and is also a major hub port in the global supply chain, ranking first in the world in terms of container throughput for several consecutive years.

With such data, you can imagine the terrifying profits earned by Hutchison Whampoa, as well as its strong influence.

As for the third retail business, the most important ones are Watsons and Parknshop.

Now Xia Yu's Wanning Pharmacy is lagging behind Watsons in Xiangjiang, let alone Xiangjiang!

As for PARKnSHOP, it was established in 1973 and had been the largest supermarket in Xiangjiang until the rise of Xia Yu's Wellcome Supermarket, but PARKnSHOP was still slightly ahead of Wellcome.

If these three businesses are divested and then financed to expand shares, Qi Dezun can fully imagine that if he can't come up with the money, his equity ratio will continue to shrink, and finally be cleared out.

Xia Yu not only has money to spend with him, but also has the absolute right to operate Hutchison Whampoa, and he can't resist at all.

If Xia Yu's heart is a little darker, he can completely divide Hutchison Whampoa and throw the bad assets to him, and he will be killed by the time!

Xia Yu shook his head disapprenosingly: "Mr. Qi Dezun, this is not a threat, I am just giving you a kind reminder." ”

There is a way to know the current affairs for the handsome.

After Qi Dezun was angry, he gradually regained his calm, he knew that the hard one would definitely lose, so he could only struggle one last time to try the soft one.

I saw Qi Dezun said calmly: "Mr. Xia, in fact, you have already obtained so much equity, I will not affect his control of the company, and Hutchison Whampoa has grown to this extent in my hands, I know it very well, if the two of us cooperate, I believe that Hutchison Whampoa will definitely get out of the quagmire faster." ”

In the case that there is no room for resistance, I still want Xia Yu to take him to make money, let's be whimsical!

Xia Yu didn't give face at all, and said bluntly: "Mr. Qi Dezun, I am a more confident person, and I don't need your help." ”

"So you'd better make an offer!"

"By the way, one more thing, HSBC sold the equity to me at a discount of eighty percent, don't believe you take a closer look at the contract!"

Qi Dezun looked at the contract with an ugly face, and sure enough, the transfer price written on it was equivalent to about eighty percent of yesterday's stock price.

"Damn Shen Bi, damn HSBC, definitely a British traitor!

Qi Dezun scolded in his heart.

If you want him to transfer his equity, it will cost him his life, how can he still transfer it at a low price, this is absolutely impossible!

He shook his head suddenly: "Mr. Xia, HSBC is HSBC, I am me, if you want to buy my equity at the transaction price with HSBC, it is absolutely impossible, I would rather fight with you to the end, anyway, when I die, I can't take this money away!"

Xia Yu was overjoyed in his heart, Qi Dezun's position was finally shaken, just sell it, isn't it just that the price is not satisfied?

Just talk!

Next, Xia Yu began to negotiate the price with Qi Dezun.

The two sides went back and forth, and in the end, Xia Yu directly threatened, saying that it was a big deal to raise funds and expand shares.

Qi Dezun softened at this time, and finally fought for it, not based on today's stock price, but on the stock price at the close of yesterday afternoon, and transferred all the shares to Xia Yu at a parity price.

Yesterday afternoon, Xia Yu had already asked Wang Qi to suppress the stock price, and the total market value of Hutchison Whampoa at the close of trading was HK$6.74 billion.

Qi Dezun holds 34.8% of the shares, worth 2345 million Hong Kong dollars.

At 4:20 p.m., all the procedures for the transaction were finally completed, and Qi Dezun's account had more than 2 billion more liquidity, but he couldn't be happy.

Xia Yu couldn't control Qi Dezun's mood, and at this time he was taking stock of the fruits of his victory.

Acquired the shares of HSBC and Qi Dezun, and Jiuding Securities holds a total of 89.3% of the equity of Hutchison Whampoa.

The capital consumption is 490 million Hong Kong dollars.

Fortunately, he had saved three billion US dollars in the special account of Jiuding Securities before, otherwise no one would be able to come up with such a large sum of money in such a short period of time if you look at the entire Xiangjiang.

Now that there is still 10.3% of the equity in the market, Xia Yu is ready to follow the previous routine and privatize Hutchison Whampoa.

Of course, Hutchison Whampoa will definitely be listed in the future, but the current Hang Seng Index is far from Xia Yu's expectations, even if it wants to be listed, it will have to wait another two years to push the company to the market in one fell swoop at the peak.

Before that, we made efforts to integrate Hutchison Whampoa with our own assets to maximize the use of resources.

Wharf originally had three ports of berth, and Hutchison Whampoa had 14, so that of the 24 ports of call in Hong Kong, Xia Yu alone accounted for 17, more than 70%.

No matter what the king of the ship is, as long as he still wants to do business, he has to look at Xia Yu's face to act.

With Watsons, coupled with the original Wanning Pharmacy, Xia Yu instantly monopolized the retail market of Xiangjiang medicinal materials, cosmetics and health products, and it is estimated that it can reach 80%.

The first PARKnSHOP supermarket and the second Wellcome supermarket are also his, and he controls more than 70% of the retail trade in Xiangjiang.

In other words, from the moment of the acquisition of Hutchison Whampoa, there were three industries in Heung Kong that had been substantially monopolized by him.

At the same time, Xia Yu arranged for Wang Qi to carry out privatization work, and instructed Standard Law Firm and Standard Accounting Firm to enter Hutchison Whampoa to take over the group's financial and legal affairs.

The next day, the news of Hutchison Whampoa's application for privatization came out, and Xiangjiang was shaken, and after inquiring about it, the bigwigs from all walks of life were shocked by Jiuding Securities' handwriting.

But Xia Yu quietly sent Elena to the plane, and Xia Yu didn't leave to return until the plane took off.

The first thing I did when I went back was to go to Hutchison Whampoa, and after reassuring people, I urgently convened a high-level meeting of the Jiuding Foundation.

There is only one theme of the meeting, that is, to divide the cake, screen out more than 200 companies composed of Hutchison Whampoa, and the person in charge of each company selects the companies that have a reinforcing effect on themselves, so as to reduce the burden on Hutchison Whampoa.

Hutchison Whampoa is too bloated, and many companies are actually very good, but they are losing money due to management problems or corruption, and Xia Yu believes that these companies should be able to regain their vitality after being swallowed up by the Jiuding consortium.

The screening period lasts for one month, and the meeting is held again after one month for a formal split.

There was also a small episode after the meeting, when Lin Sen, the general manager of IKEA Furniture, reported to Xia Yu that the Swedish IKEA Group rejected his request to buy and take shares.

Xia Yu didn't care, and immediately made a decision to start the plan of his own brand "Actually Home".

In the next few days, the outside world was still disturbed, and after Xia Yu asked Wang Qi to deal with it, he came to his other financial company - Galaxy Fund in a low-key manner.