"Xu Sheng, Li Jiacheng has also raised the purchase price of Hutchison shares to HK$11, should we keep up?" Wang Liming reported in the office.

Xu Zhi asked, "How many have we acquired?"

Wang Liming replied: "In the past six days, we have acquired 15 million shares for HK$10 per share, accounting for about 3.8% of Hutchison's shares. ”

“3.8%。 Xu Zhimo calculated that he should already have 22% of the stocks, which is a little worse than Li Jiacheng, so he said: "Where did Li Jiacheng get so much money?"

"It's not very clear at the moment, but it is very likely that it is a temporary loan from HSBC, and HSBC's Taipan has the right to take out a temporary loan. Wang Liming replied.

"I see!" Xu Zhi also understood that the real estate industry controlled by Li Jiacheng has a strong leverage ability to funds, but in order to control risks, ordinary banks do not allow the transfer of funds from real estate projects at all, so don't look at Li Jiacheng's projects at the same time are often billions of Hong Kong dollars, but in fact, there are not many funds that can be used in the stock market, and the only way is to borrow money from banks, and obviously, HSBC, the largest bank in Hong Kong, is willing to help him.

Wang Liming asked again: "Xu Sheng, then should we raise the purchase price again?"

"Don't worry, if we raise it immediately, it is estimated that more people will wait, let's see the market's reaction first, Wei Li will hold a board meeting this afternoon, if it goes well, we don't need to fight with Li Jiacheng in the stock market!" Xu Zhi asked again: "How is the stock acquisition of Cheung Kong Industrial?"

Wang Liming replied: "After Li Jiacheng acquired Hutchison shares, the stock price of Cheung Kong Industrial rose sharply, but after we entered the market, Changjiang's shares rose and fell, and together with the shares acquired before, we currently hold almost 15% of Cheung Kong's shares!"

"15%? is a bit less!" Xu Zhi asked, "Do you know how many Changjiang stocks Li Jiacheng holds?"

Wang Liming said: "Over the years, Cheung Kong has raised funds many times, and on the surface, Li Jiacheng holds almost 36% of Cheung Kong shares!"

Xu Zhi shook his head and said: "That's still far away! In the past few days, you don't care about the consequences, just give me all the money to buy the shares of Changjiang Industrial." ”

"Understood. Wang Liming agreed.

……

Less than 5 days apart, Hutchison Building, another board meeting was held!

Hutchison Whampoa has encountered a 73-year economic crisis and real estate crisis since the era of Qi Dezun, and the stock price has fallen from a peak of 44 Hong Kong dollars to 2 Hong Kong dollars, and the former major shareholders have been purged at one time.

If the former major shareholder HSBC is removed, Hutchison in the Wei era is actually extremely dispersed, as long as the influence of HSBC is removed, then no one can challenge Wei Li's authority, which is also the fundamental reason for Wei Li's painstaking large number of financing acquisitions, in order to dilute HSBC's equity and reduce Shen Bi's influence on the original board of directors.

But because of this, this practice angered Shen Bi, but because it was inconvenient for the bank to interfere too much in the operation of the business, he had the determination to sell Hutchison, and finally chose Li Jiacheng to clean up Wei Li!

Before Li Ka-shing and Xu Zhi, Hutchison Whampoa had 7 directors, but 4 of them were just temporary positions of some medium-sized enterprises, just the candidates used by Wei Li to control the board of directors, and the other three were HSBC, Kadoorie family and Wheelock & Co., except for HSBC, the other two actually owned very low shares, and the directors of Hutchison were also dealings with Wei Li, because Wei Li was also a director of the other company, and this kind of mutual shareholder director was very common in Heung Kong companies!

Although HSBC has sold Hutchison's shares, it has not resigned from Hutchison's board of directors, and Wei Li does not dare to forcibly remove HSBC's directorship, no matter how bold he is.

Soon, many directors gathered here again, and Willy had obviously greeted all the directors except Li Ka-shing and HSBC, and John Madden of Wheelock & Co. and Michael Height, the head of the Kadoorie family, also came to the scene in person, and the two quickly mingled with Willy and chatted happily.

On the other side, Shen Bi, the senior class of HSBC, also came to the scene in person, sat alone with Li Jiacheng, and discussed in a low voice.

Xu Zhi walked up to the two of them and greeted, "I didn't expect Mr. Shen Bi to come here in person to attend the board meeting!"

Shen Bi said: "After all, we at HSBC are still directors of Hutchison, and we still hold 10% of the preferred shares, so of course we care about the development of Hutchison. ”

"I can buy all the 10% preferred shares, 10 Hong Kong dollars per share, which is much higher than the last time HSBC sold ordinary shares!" Xu Zhi deliberately said in a loud voice that everyone could hear.

Shen Bi frowned and thought about it, and said: "For the time being, HSBC has no plans to sell Hutchison shares, and we are more optimistic about Hutchison's development in the future!"

"Then borrow Mr. Shen Bi's auspicious words!" Xu Zhi said lightly.

Soon it was time for the meeting, and after a polite conversation, Wei Li said: "Ladies and gentlemen, although Hutchison has made a profit, the international environment is still not good, our Harbour City project has a loss of more than 100 million Hong Kong dollars per year, and a large number of real estate projects under Hutchison Properties are profitable, but they are not comparable to the average level of the real estate market, so I decided to apply to the board of directors to carry out a share increase to solve the company's current huge debt problem!"

No one answered or there was any movement, many people already knew about it, and a few people who didn't know had almost guessed it!

After waiting for a while, Li Jiacheng said: "How to raise money?"

Wei Li smiled and said: "At present, Hutchison's market value is 4 billion Hong Kong dollars, and I think it is more appropriate to raise 1 billion Hong Kong dollars, which can solve half of our Hutchison's debts, and at the same time, a number of large-scale projects have funds to start!"

"1 billion!" Li Jiacheng also frowned, and took a deep look at Xu Zhi, who didn't seem to care.

Michael Kadoorie asked, "How do you raise this billion Hong Kong dollars?

Wei Li shook his head and said: "One billion Hong Kong dollars is not a small amount, and it may not be possible to obtain so much money by only raising funds in the stock market, but I have discussed with Xu Sheng of Evergrande, and he is willing to contribute 1 billion Hong Kong dollars alone to finance and Huang!"

Even though he knew it in advance, he was able to come up with a billion Hong Kong dollars, which still shocked many people here.

Li Ka-shing asked: "How many shares will the capital increase of one billion Hong Kong dollars?"

Wairi replied, "23 percent." ”

Li Jiacheng said: "I don't agree, the current market value of Hutchison is already 4 billion Hong Kong dollars, according to this figure, the total market value after the capital increase is 5 billion, and 1 billion Hong Kong dollars can only get 20%!"

Wei Li said: "Li Sheng is also a top figure in the business world, do you still need me to explain this kind of thing? Being able to provide such a large amount of funds at one time, the company will naturally give a discount when raising funds, and if we take a step back and say that if we raise funds publicly on the stock market, it will cost a lot of money just to prepare a lot of work and hand over money to the securities company." ”

Xu Zhi suddenly said: "Li Sheng, then if I accept 20%, will you agree?"

"This ......," Li Jiacheng did not answer.

Shen Bi, who had been quiet on the side, suddenly said, "I don't agree!"

Wei Li said with a smile: "Mr. Shen Bi, financing is the best way to solve the company's financial gap, you don't agree, are you going to lend another amount of money to our company?"