In the office of Evergrande Group, Wang Liming listened to Xu Zhi's description and said: "Li Jiacheng's method is indeed operational, appropriate acquisition and selling, as long as the technique is well controlled, if you want the stock to rise, the stock will rise, and if you want the stock to fall, it will fall, but this time the two operate together, and the cooperation must be well coordinated, otherwise it is easy to overdo it." ”

Xu Zhi nodded and said: "The fewer people who know about this matter, the better, you are responsible for my side, and Li Jiacheng's side should also be controlled by his henchmen, I don't care how to operate it, you can discuss it yourself." ”

Wang Liming nodded and said: "I understand, if the operation is good, both of us should be able to cash out more than half of the shares within a month, as long as the stock price is high enough, our previous investment can be recovered." ”

Xu Zhidao: "Then let's do it first, wait until half of it is cashed out, Li Jiacheng's side will recover the cost, and he will transfer the remaining half to me at a low price." ”

Wang Liming said: "Then they won't regret it, if Li Jiacheng refuses to sell stocks at that time, and we also sell a lot of stocks, then our control over Hutchison will be seriously insufficient!"

Xu Zhidao: "Don't worry, it's just that I didn't write down the previous manipulation of the stock price clearly, the follow-up transactions have signed contracts, and I still have 28% of the shares of Cheung Kong Industrial and a controlling stake in SITC in the United States. ”

Wang Liming nodded and said, "Understood!"

......

On October 12, 1979, Evergrande Group announced its withdrawal from the board of directors of Changjiang because of its different business philosophy from the board of directors of Cheung Kong, but would continue to hold the company's shares.

The market reacted violently, and countless gossip suggested that Evergrande would withdraw from the Yangtze River board of directors because of the collapse of the control of Hutchison.

On October 14, Evergrande Group announced that it would borrow US$100 million from overseas US banks to acquire shares of some potential companies in Xiangjiang.

On October 15, Cheung Kong announced that it would sell 110 million shares of Hutchison shares to its major shareholder Li Jiacheng at a price of HK$7.5 per share, which was unanimously approved by the board of directors, and even Evergrande agreed to the plan.

Market analysts believe that Cheung Kong has a large number of businesses, and it is not appropriate to mobilize a large amount of funds to participate in the action of competing for the purchase of Hutchison, so as not to affect its own business.

After selling the shares to Li Ka-shing, the source of funds was Li Ka-shing alone, and many experts believe that although Evergrande and Li Ka-shing are not compatible, considering that he is also a major shareholder of Cheung Kong Industrial, Evergrande and Cheung Kong are competing to acquire Hutchison Whampoa, so they also agreed to Cheung Kong's sale plan.

On the same day, HSBC announced that it would lend another HK$800 million low-interest loan to Li Ka-shing to help him complete some strategic investment plans.

Over the course of several days, major newspapers began to record in detail the countless high-quality assets owned by Hutchison Whampoa: several properties in Central, huge land in Hung Hom, nearly 40% of the wharf business controlled by Whampoa Dockyard, Watsons, etc., and the world also knew that Hutchison's assets were so good, and the future prospects were bound to be limitless.

On October 17, Hutchison's share price quickly rose to HK$16, with a total market value of nearly HK$9 billion, second only to HSBC, Hang Seng Bank and Hongkong Land, ranking fourth in Heungjiang.

"Buy up, not buy down", this is the tradition in the hearts of the Chinese, many people firmly believe that and Huang Hui and Wharf, the future stock price will be higher, the Wharf at the moment, because Jardine and Bao Yugang no one wants to let go, the stock price has been hovering around 70 Hong Kong dollars, and more than a year ago, the stock price of Jiucang has been stable at 123 Hong Kong dollars, and the stock price has risen 5 times.

The current Hutchison share price was originally 5.5 Hong Kong dollars, but now it is only 16 Hong Kong dollars, an increase of only 3 times, far less than the range of Wharf.

A large amount of funds entered the Hutchison stock market, and at the same time, various good news continued to come, Evergrande decided to buy the Hutchison shares in the hands of Li Jiacheng for 20 Hong Kong dollars per share, which was "rejected" by Li Jiacheng!

Li Jiacheng then proposed to buy the shares in the hands of Evergrande for HK$22 a share, which was also rejected by Evergrande. After the news broke, Hutchison's stock price soon exceeded 20, and the stock began to become hard to find......

After 20 days:

Wang Liming took a piece of information in his hand and reported: "Xu Sheng, in the past three weeks, we have sold 40 million shares of Hutchison shares, with an average selling price of 22 Hong Kong dollars, and cashed out 880 million Hong Kong dollars. ”

"Wealth is moving!" Xu Zhi couldn't help but sigh: "In this Xiangjiang, not only the profits of the real estate market are exciting, but the stock market is actually the same. ”

Wang Liming said: "Changjiang Industry should have cashed out about the same amount, recently, because of our large number of shipments, the stock price has not been able to pull up, and it is estimated that it will be difficult to cash out at a high price." ”

Xu Zhi nodded and said, "Of course, if the stock market can be pulled up by you for a while, how can it be pulled up for a lifetime." ”

The fundamental reason why Hutchison shares have been pulled so high is that countless speculators believe that Evergrande and Li Jiacheng will not give up the fat of Hutchison Whampoa, although under various manipulation methods to attract a large amount of capital to enter, but Li Jiacheng and Evergrande Group have been cashing out at a high level, if it were not for the regular anti-takeover to pull up the stock price, Hutchison shares would have been unable to hold on.

Xu Zhi asked: "If you say so, does Li Jiacheng also cash out a lot of money on his side, and his personal debts are about the same, right?"

Wang Liming nodded and said: "Yes, not only is the debt repaid, but he should also earn two or three hundred million, not to mention that his stake in Changjiang Industrial has increased to 49%. ”

"It's really powerful, I'm about to go bankrupt under the pressure of debt, and I can still come up with this kind of trick. Xu Zhi couldn't help but sigh with emotion, he was able to defeat Li Jiacheng this time and grab Hutchison mainly because of the opportunity, knowing the plan of HSBC and Cheung Kong Industrial, and at the same time the funds behind him far exceeded the other party, through the competition for Cheung Kong Industrial, forcing Li Jiacheng to exhaust his funds to protect his company, this move was enough to make him difficult to turn over within a few years, but he didn't expect him to come up with the idea of hyping Hutchison stocks.

Wang Liming said: "It's just a pity, if Goldman Sachs could hurry up and acquire SITC Bank as soon as possible, we wouldn't have to spend so much effort." ”

Xu Zhi said with a smile: "How can it be so easy, it can be done within half a year, it is already fast, how to say that it is a big bank, and Goldman Sachs is so efficient." ”

Wang Liming said: "Now that Hutchison's stock has fallen, and there is no profit in cashing out, do you want to contact Li Jiacheng to buy his shares?"

Xu Zhi nodded and said: "Yes, it's almost the same now, according to the price we agreed at the beginning, 7 Hong Kong dollars per share, to buy all the remaining shares in Li Jiacheng's hands." ”

Wang Liming promised: "Okay, understood!"

......

On November 1, Li Jiacheng publicly announced that he would sell all the shares of Hutchison Whampoa in his hands to Evergrande Group, and completely withdraw from the competition for Hutchison Whampoa, but at the invitation of Evergrande Group, Li Jiacheng still served as a director of Hutchison Whampoa.

As soon as the news came out, all the reporters at the scene were in an uproar.