Chapter 157 The battle for equity gathers from many parties

Sun Hung Kai Centre, Harbour Road, Wan Chai, is also home to the headquarters of Sun Hung Kai Properties.

At this time, on the board of directors of Sun Hung Kai Properties, Guo Desheng is the honorary major shareholder of Sun Hung Kai and the chairman of the company, and his heart is now both worried and happy.

Regarding Guo Desheng's experience, there can only be a legend to describe, in just a few years, the original real estate company of less than one million yuan, into today's large listed group, this is not an ordinary person can do, but people are powerful, listed companies are often vulnerable in the economic crisis is an immutable fact.

After pushing today's business report to everyone present, he talked about the recent stock market situation, and his face became extremely solemn and ugly, and he said with deep worry: "Our company's stock price has been rising slowly since yesterday from the previous stock price of 10 yuan per share, but the number of shares circulating in the market is also decreasing. Maybe it's the acquisition of our company by other companies in Hong Kong, or maybe it's the recovery in the stock market that has led to an increase in retail ownership in the market. ”

Lee Shau Kee, who is also a major shareholder, suggested after listening: "As far as the current situation is concerned, it is not a bad situation, Sun Hung Kai's stock price has increased slightly, which is better than falling, as for the acquisition of some companies, or the market is developing in a good direction, resulting in a short-term high stock price, the situation will be clear after the other party makes an announcement." ”

"Hmm", Guo Desheng thinks that Lee Shau Kee's analysis is good, and he can do Henderson Kee so well, and at the same time, he is the three elders who built Sun Hung Kai with him at the beginning, and his vision is not far behind.

"In this way, in the new stage, we will also use a small amount of money to buy shares, which will raise the stock price, thereby increasing the difficulty of the other party's acquisition. Guo Desheng decided that this is the only way to minimize potential risks in the market.

"Will it violate the rules of the exchange. Someone asked.

Guo Desheng said with a smile: "I think too much, this is a normal transaction, if it is acquired by others, you might as well add fire and let them retreat." ”

Lee Shau Kee also smiled: "The stakes are not big enough, Sun Hung Kai Properties is currently in a lot of predicament, the stock price has risen to its peak, it may not be big, but if we deliberately release the news, saying that our shareholders intend to use part of the shares, in this way, the news is released to the outside world, the other party buys, we raise the stock price, and it can also increase the difficulty of the acquisition." ”

Guo Desheng looked at Lee Shau-kee, who was the same founding friend as him, with an approving look on his face, but he didn't say anything.

In Hong Kong, Henderson Land rarely participates in government land auctions, but there is always a way to buy land with good quality and low prices. This is mainly due to the fact that Lee Shau Kee has two ** treasures. The first is to purchase the "Type B Land Exchange Certificate".

In those years, the Hong Kong government expropriated agricultural land in the New Territories for development purposes by first recovering the land from the farmers in batches with land exchange rights and interests, and only exchanging them with the government when the land available for building houses was allocated in a centralized manner.

As a result, many farmers who hope to cash in immediately will have nothing to do before the government's land exchange order. Lee Shau Kee bought their land exchange interests in cash

, which is both popular and inexpensive. As soon as the government announces the development plan, the large number of interest deeds he bought will be turned into developable land.

The second way to purchase land is a huge system project - the renovation of old buildings. Buy an old building in the Golden Mile and build a new building on the old land. This method kills multiple birds with one stone, the developer profits, the city is renewed, the old owners are now, and the government increases taxes, but it is very hard, because the acquisition of a small property alone cannot support the development plan of a real estate project, so Henderson Land has also practiced a unique skill - merging buildings.

By acquiring properties from multiple owners on a target site, the land is acquired by scraping together the whole thing. In order to receive the old house, he laid out a wide net, and in addition to facing Hong Kong, he also went to the place where the expatriates who had left property in Hong Kong to find a house to buy. Merging buildings is extremely difficult and complicated, and an owner will lose all the properties if he does not sell, but Henderson has a special preference for this, and for decades, there have been countless mergers.

Another famous saying by Lee Shau Kee about this: "Every inch of land must be contested" has also spread in all directions.

On July 1, after several rounds of buying shares on the exchange, Pan Disheng and Hui Ziming stopped buying shares after increasing their holdings to less than 5 percent, and then in the afternoon one of Hong Kong's most famous old British-owned foreign firms, the largest British-funded consortium in the Far East, was engaged in trading with China during the Qing Dynasty.

The firm played a pivotal role in the early development of Hong Kong, and was the first European company to be established in Shanghai and the first foreign company to be established in Shanghai.

Jardine Matheson Co. began to announce the purchase of about 20 million ordinary shares of Sun Hung Kai, with a shareholding ratio of 5.68%, and a total consideration of 230 million yuan.

In Hong Kong, shareholders holding more than 5% of the total share capital must make an announcement in three working days to reduce their shareholding by up to 2%, and to reduce their holdings to less than 5% in three working days. If an individual or legal person holds more than 30% of the shares, he or she must apply to the SFC for exemption from the tender offer and make an announcement. Announcement content: the holder, the holder's controller, the time of the change, the number of changes, the number before and after the change, the person making the announcement, and the announcement period.

On the day after Jardine Matheson announced the announcement, Xu Ziming had already packed his luggage and handed over the acquisition to Fang Jinxin and Pan Disheng.

However, before leaving, Xu Ziming said something to Pandey, who was in a trench, that if a British-funded consortium was involved in the acquisition, it was necessary to avoid direct confrontation with Sun Hung Kai as much as possible, let the British-funded group compete directly, and try to take advantage of the low stock price during the acquisition period, and not blindly acquire.

Because Xu Ziming knows that the multi-party dark tide is surging, it will definitely make the stock price high in the short term, and many rich people will choose to buy up, but Xu Ziming is buying, so he has to wait for him to fall to death.

Accompanied by Pan Weiguo and Li Guozhong, he embarked on his first journey back to the mainland.

Later, on the second day after the announcement, the Kowloon Bus represented by Pan Disheng did not continue to increase shares, which means that the company named by Xu Ziming and Pan Disheng in the name of Kowloon Bus has not yet met the announcement conditions, which makes Xu Ziming very pleased.

Jardine Matheson announced that it would also continue to buy the stock price in the market at a moderate price, and soon after several listings in the later stage, its shareholding in Sun Hung Kai had reached 15%. The major shareholders of Sun Hung Kai are restless.

Five days after the first announcement was issued, Sun Hung Kai immediately decided that the Hong Kong Stock Exchange would suspend trading in Sun Hung Kai's ordinary shares, and at 7 p.m. on the same day, Sun Hung Kai hurriedly opened a general meeting of shareholders.

Guo Desheng carefully looked at the shareholders present, maybe in the first few hours, a group of people may have ghosts in their hearts and cannot be twisted into a rope. However, Jardine Matheson raised its cards for the third time, announcing that the shareholding ratio had reached a group before realizing that Jardine Matheson's goal was not a minority stake, but intended to be a controlling shareholder.

Many of these shareholders once sold some of their cash, but they didn't expect the matter to be so serious.

"At present, the British-funded group of Jardine Matheson, at any cost to acquire shares at a high price, is obviously a wolf's ambition, given that we have not much available funds at the moment, and also compete with the financial resources of Jardine Matheson. I have two proposals, the first point is that we need to issue more shares, although it will reduce the current market stock price, but only in this way, it can greatly dilute the equity held by Jardine Matheson. Second, we need to work with Chinese companies in Hong Kong to bring in capital to improve the chances of winning this business war. Guo Desheng said very solemnly.

What else can a group of people say? It's still floating in the clouds, and they can only keep nodding their heads.

Li Shauji also frowned at this time, and he couldn't imagine that the majority of his shares was actually a British-funded group, so he said directly: "I think it's better to ask Feng Jingxi for help." ”

Since Feng Jingxi sold the equity of Sun Hung Kai Properties to Guo Desheng, he set up Sun Hung Kai Bank, although they are both called Sun Hung Kai, but the two have no half-dime relationship, the only thing that is Guo Desheng and Feng Jingxi are partners for many years.

Guo Desheng glanced at Li Shaoji and nodded immediately, which can be regarded as acquiescence.

After the meeting, the two immediately talked to Feng Jingxi, hoping that Sun Hung Kai Bank could be the object of help.

Early the next morning, Sun Hung Kai Bank and Sun Hung Kai Properties held talks, and after early morning, Feng Jingxi finally agreed, and the other group was surprised that Feng Jingxi decided to buy less than 15 percent of Sun Hung Kai Properties' shares with a billion yuan, so that after Sun Hung Kai resumed trading, the market value would obviously increase.

Suddenly, Sun Hung Kai's stock price continued to rise, and the acquisition of the same Jardine Matheson was becoming more and more difficult, and Feng Jingxi's move really moved Guo Desheng and others.

"Boss, give me a copy of the South China Morning Post", as usual, Hong Kong investors are used to buying a newspaper in the newspaper, these days there are many people buying Sun Hung Kai, and there are also many people shorting Sun Hung Kai.

A middle-aged man who clutched the "Ming Pao" in his hand, like crazy, jumped up, "Sun Hung Kai's stock price climbs,

"It's obvious that he is buying Sun Hung Kai, and as long as Sun Hung Kai rises, he will follow suit.

"What the hell, Sun Hung Kai was thrown out in large quantities, and it can still rise. Some people had cold faces, spread their hands, looked up at the sky, and said helplessly: "It's over, it's all over." ”

Many people speculate in stocks, but there are also people in the entertainment industry, seeing the report that "The True Color of Heroes" has exceeded 30 million box office, they can't help but exclaim, "Xu Ziming is a demon." ”

The fantasy film "Mr. Zombie" will be released at Golden Harvest Cinema tomorrow. ”

......

Pan Disheng took a newspaper and rushed towards Guan Du and Fang Jinxin who were sitting in the office of the Kowloon Bus Company.

Before the other party could say hello, Pan Disheng hurriedly said: "Jardine Matheson and Sun Hung Kai have fought, and with the help of Sun Hung Kai Bank, the current acquisition has become more difficult for us, and Sun Hung Kai has issued additional shares, and our shareholding ratio has decreased a lot." ”

Fang Jinxin didn't care, pointed to the river and said with a smile: "There are two sides to everything, the acquisition of Jardine Matheson is in this situation, don't let us deliberately release the rumors, naturally Jardine Matheson will deliberately lower the stock price and reduce the difficulty of the acquisition, and we need to stand still now, just like Xu Xiaoyou said, when the stock price falls again, it is a good opportunity for us to enter the market in one fell swoop." ”

Pan Disheng was a little relieved, and said with a smile: "Mr. Xu is indeed very discerning, but he is very leisurely, and he actually went to the mainland to visit the crew at this critical moment." ”

Xu Ziming, who was far away on the mainland, was already on the road to Dunhuang, Gansu, and through the moon outside the car window, he couldn't help but yawn when he was blown by the cold wind. He wondered if someone was saying bad things about him.