90 Acquisition Progress
Hong Kong, Connaught Building, Goldman Sachs Hong Kong Branch:
Gao Yada walked out happily and said with a smile: "Welcome Xu Sheng and Yao Dazhuo!"
Xu Zhi is now the largest customer of the Xiangjiang branch, and there is no one, with more than 10 million US dollars of liquidity, which is controlled by Goldman Sachs, although he can only buy the shares specified by Xu Zhi, but for him, it is also a beautiful stroke on his resume.
Xu Zhi smiled: "Manager Gao is polite. ”
"Inside, please!" Gao Yada said politely.
Walking into the internal office, everyone sat down, and the secretary quickly prepared coffee.
Gao Yada said: "I don't know what happened to Xu Sheng today?"
Xu Zhidao: "Two things, first: I want to know about the acquisition of shares of Changjiang and Huang. ”
Gao Yada nodded and smiled, "Okay, wait a while." ”
After speaking, he took out a folder from the bookshelf at the back of the office and handed it to Xu Zhidao: "This is the table of all your accounts recorded by Xu Sheng in Goldman Sachs in recent months, which contains the detailed purchase price and number every day, the end of the daily form, and the analysis of our professional traders." ”
Xu Zhi took it, opened it and took a few casual glances, the table was full of various complex data analysis, and it was not clear after a while, but fortunately, there was a simple summary at the end of the daily report: the cash spent on the day and the average purchase price.
After Wharf made a profit, Xu Zhi made a profit of almost 120 million Hong Kong dollars after tax, of which almost 50 million Hong Kong dollars were converted into 10 million US dollars to go to the United States, and 10 million Hong Kong dollars were transferred for his own use, at that time, Goldman Sachs held almost 60 million Hong Kong dollars for Xu Zhi.
Xu Zhi's entrustment is also very simple, just like the original Wharf stock, as long as it does not affect the stock price of the broader market and does not attract attention, he will go all out to acquire the shares of Cheung Kong and Hutchison Whampoa.
However, at that time, the stock market had already revealed that Changjiang Industrial intended to annex Wharf, and in the face of Jardine's counterattack, Changjiang stocks fluctuated greatly, which was no longer a fluctuation that normal analysts could measure, so Goldman Sachs did not invest too much money in the acquisition of Changjiang stocks, and its main force was all placed in another stock market big stupid elephant - Hutchison Whampoa.
Hutchison Whampoa was merged with Whampoa Dockyard Company last year, referred to as Hutchison, after the merger, it owns 8 blue-chip companies in the Hong Kong stock market, and its assets are extremely rich: it has a large stake in the only Hung Hom Submarine Tunnel in Hong Kong, the second largest supermarket chain group in Hong Kong, the first container terminal in Hong Kong, and a number of property hotels in Central Kowloon.
However, because the investment front of Hutchison & Co. was too large 74 years ago, the overseas investment losses were serious, and the Federal Reserve raised interest rates at this moment, it was difficult to get out of the huge debt.
At the time of Hutchison's bankruptcy in '75, the total value of the stock market was only HK$350 million, but now, under the management of Heungjiang's most famous "company doctor", Wei Li, the market value has begun to recover, and at the time of the merger with Whampoa Dockyard last year, the market value had exceeded HK$1 billion.
Xu Zhi looked at some of the final summaries for a while, Goldman Sachs has used more than 40 million Hong Kong dollars in the past two months to successfully acquire almost 3% of Hutchison's shares, the reason why it is so slow is because the Wharf movement is too big, and the major British-funded foreign banks have begun to check their shareholdings and shareholder information to prevent the recurrence of the Wharf incident.
Xu Zhi asked: "According to the current situation, the remaining funds are estimated to be spent in one or two months, so Gao Sheng, if I still have funds to enter the market in the future, then Gao Sheng thinks that we can buy at most how many shares without attracting attention." ”
Gao Yada glanced at Xu Zhi deeply, and said: "It seems that Xu Sheng really has some earth-shattering plans, but it is really difficult to target Hutchison Whampoa, I advise Xu Sheng to give up!"
Xu Zhixiao asked, "What do you say?"
Gao Yada said: "At present, the four major foreign companies in Xiangjiang, Jardine Matheson, Wheelock, and Swire are all family businesses, and the only one Hutchison has experienced bankruptcy events, and the family power has been cleared, and because of multiple financings, the equity has been extremely dispersed, theoretically speaking, the funds are sufficient, and the acquisition of Hutchison is the simplest."
However, the trouble is HSBC, because it is currently the largest shareholder of Hutchison, holding 33.65% of the shares, and it is also the largest creditor of Hutchison, and has almost achieved a controlling stake.
If Xu Sheng wants to acquire a listed company, just tell us what type you want, or the target, and we Goldman Sachs can fully cooperate and give a suitable acquisition plan!"
Xu Zhi smiled: "I just want to buy Hutchison's shares, Gao Sheng's imagination is really rich, how can Gao Sheng be sure that I want to buy a company or even Hutchison?"
Gao Yada replied with a smile: "Xu Sheng is currently an important customer of our Goldman Sachs, and the reason why we can become the world's top financial company is that in addition to its huge financial resources and resources, it is also one of the important tasks to provide customers with the best business solutions.
Xu Sheng's current worth in Xiangjiang is actually not low, and the information we give back from the US headquarters, Xu Sheng's arcade machine in the United States is also quite popular, but sometimes money may not be able to obtain the corresponding social status, Xu Sheng's current lack is an influential industry, and the acquisition of a listed company is the best choice. ”
Xu Zhi nodded and said: "It's indeed a good way, but Hutchison's capital is as high as more than one billion, and my net worth is not enough to sell kidneys!"
Gao Yada said with a smile: "Xu Sheng, there is a most famous saying in Xiangjiang: it is better to borrow money than to have money.
In the city of Xiangjiang, anyone who does business does business not by how much money they have, but by how much money they can borrow.
Getting rich with other people's funds is the last word, only the poor will save their hard-earned funds and be lent out by the bank!"
Xu Zhi nodded and smiled: "I understand this truth, but I don't currently have the idea of acquiring a listed company, let alone Hutchison, even if you Goldman Sachs dare to lend me money, I don't dare to ask for it, it's not a matter of interest funds, but Hutchison is still suffering serious losses, and I can't operate, and it will be a death to take it back, not to mention that Hutchison has a big consortium behind it, and the reason why Hutchison has turned losses into profits over the years is that HSBC's low-interest loans and resource assistance are the most important reasons." ”
Gao Yada nodded and said: "Yes, Hutchison is indeed not a good target, but if Xu Sheng has any interest in any company, we Goldman Sachs are willing to provide financial assistance." ”
Xu Zhi thought for a while and said, "Then if I want to buy land and build a building, can Goldman Sachs help?"
Gao Yada was stunned, nodded and smiled: "Of course you can." I don't know which piece of land Xu Sheng has his eye on?"
Xu Zhi shook his head and said: "This is just an idea, since Goldman Sachs is willing to help, I will pay attention to some land policies for a period of time in the future, and we will cooperate again when the time comes." ”
Gao Yada said: "Okay, this is no problem, then what is the second thing for Xu Sheng?"
Xu Zhidao: "Actually, it's nothing, I'm going to set up my own securities company, and the shares in Goldman Sachs need to be transferred away, but in the future, we will have new cooperation!"
Gao Yada also understood, this is actually very common in Xiangjiang, larger companies have their own securities companies, after all, their own people can trust.
After thinking about it, he smiled and said, "It's okay, I believe we will have more cooperation in the future!"
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