"Xu Sheng, the loan from HSBC has arrived!" Wang Liming reported in the office.

"It's finally arrived, and it's been delayed for so long. Xu Zhi smiled, and finally took out the threat of selling SITC and other banks, and then HSBC reluctantly transferred the loan and transaction funds into Xu Zhi's account.

The sale price of SITC Bank of 280 million US dollars was directly transferred to the United States and returned to Goldman Sachs, because Xu Zhi was short of funds when he bought SITC Bank at the beginning, and with the high profits of gold futures as collateral, he borrowed a sum of money from Goldman Sachs to buy SITC Bank, and now sold the bank to HSBC, this money will naturally be returned to Goldman Sachs, of course, Xu Zhi also made a small profit.

Xu Zhi asked, "How many shares has HK Electric acquired?"

"Not much, only 3%, and because the transaction has become larger in a short period of time, the price has risen a lot, and I have been appropriately suppressing the stock price in the past few days!" Wang Liming replied.

Xu Zhi asked, "What is the current share price of HK Electric?"

"HK Electric's current share price is almost HK$4 per share, with a total market capitalisation of almost HK$5 billion. ”

"In this way, 1 billion Hong Kong dollars is not enough!" Xu Zhi frowned and said, since the acquisition must be at a premium.

Wang Liming said: "Xu Sheng, we can borrow from the bank separately, if we just want to buy 30%, it should be about the same, as long as we become a major shareholder, there will be time to slowly increase the equity in the future, and HK Electric has a lot of high-quality land, which is used to develop properties, and you can use the dividend money to repay the loan, killing multiple birds with one stone." ”

"Okay, you contact Standard Chartered Bank first, as long as they agree to the loan, then directly announce it, a premium of 25%, to buy HK Electric shares. Xu Zhi said directly.

Evergrande is already one of Standard Chartered's largest customers, and the funds for the purchase of the land in the centre of Mong Kok, the subsequent construction costs, and the funds needed to prepare for the acquisition of HK Electric will all be borrowed from Standard Chartered, and the total amount may be close to HK$3 billion.

However, this loan amount is not in the top 10 in Xiangjiang, this is a crazy era of real estate and stock markets, but all the Chinese families who can rise in later generations are now desperately developing, and the funds needed are all asked for bank loans.

Chen Songqing went from having nothing to being worth billions in the back, although he used a bunch of scams, but the bank's funds provided countless possibilities.

Cheung Kong is carrying out dozens of large and medium-sized real estate projects at the same time, many of which exceed its market value, but they are still operating well, and leveraged financing is used to the extreme.

3 billion Hong Kong dollars, if Xu Zhi does not withdraw the profits of gold futures, plus the profits of the previous oil futures and Midea, he can only barely take it out, but after using leverage, he only needs hundreds of millions of funds to acquire billions of buildings and large companies, to a certain extent, in the case of knowing the future economic trend, this operation is much more profitable than a few arcade games.

Wang Liming asked: "Didn't you secretly buy it in advance?"

Xu Zhi said with a smile: "This is Li Jiacheng's favorite thing to do, and the secret acquisition can indeed save a little money, but we can set the name first when we announce it in advance, and we will buy HK Electric first.

Retreat, unwilling!

If you enter, it will be another large-scale acquisition war, which will consume money and energy, and shareholders are not fools, and it is estimated that it is impossible to replicate the last time you cut leeks.

As long as we announce it first, whether it is Li Jiacheng or other consortiums, we will carefully consider whether to fight again!"

"Okay, I'll arrange it right away. Wang Liming left immediately after speaking, the current time is very precious.

"It's getting more and more interesting now!" Xu Zhi smiled to himself, his butterfly has become bigger and bigger, and it has influenced the history of Xiangjiang too much:

Hutchison Whampoa was snatched from Li Ka-shing, and HK Electric was first acquired by Hongkong Land in 82 years in its original history, and then sold to Li Ka-shing in 85 years when Hongkong Land was in financial difficulties.

To put it simply, it has already taken away two high-quality companies from Li Jiacheng in the future, but the truth is not only that.

In the original history, Federal Real Estate and Cheung Kong formed a joint company, bought and sold the two buildings of Commonwealth and International, and Li Jiacheng made a net profit of HK$600 million in half a year.

Prior to Hongkong Land's acquisition of HK Electric, HK Electric had already established a joint venture with Cheung Kong on 20 November 1980 to develop many of HK Electric's land parcels, in which Cheung Kong Asset also made a lot of profits.

Now he is already preparing to buy the Federal and International Towers, and once HK Electric is acquired by himself, it is unlikely that Cheung Kong will get the same opportunity as in history in the short term.

......

On December 1, 1979, Evergrande Group, which had just successfully acquired Hutchison Whampoa, announced that it would acquire no more than 400 million shares of HK Electric Group at HK$5 per share.

When the information came out, the whole Hong Kong was shocked!

HK Electric Group is the second largest power company in Hong Kong, monopolizing the power supply of Hong Kong Island, and owns a large number of high-quality land, although the scale is not comparable to the four major foreign companies such as Hutchison Whampoa, but because of its stable profits, the total market value is as high as 5 billion Hong Kong dollars, and it is one of the top 10 largest companies in Hong Kong by market capitalization.

The market reaction was even more intense, with HK Electric's shares rising 20% on the day to HK$4.8 per share.

However, because of the previous lessons of Hutchison Whampoa stocks, many people wanted to wait until the last high price, but suddenly encountered a settlement between the two major acquirers, and the share price of Hutchison plummeted rapidly, and countless "shareholders" suffered heavy losses.

After a few days of waiting, there was no second consortium, and although the premium was not high, some people decided to settle down.

A week later, Wang Liming noticed that the progress of the acquisition was beginning to decline, and immediately reported it to Xu Zhi.

After listening to this, Xu Zhi said: "It seems that it is only 25%, and the attraction is not very great?"

Wang Liming said: "Yes, but if we increase the purchase price, it will only increase our costs." ”

Xu Zhi thought for a while and said, "You can make an appointment with HK Electric's current class for me, I think it's time for us to talk!"

......

HK Electric Group is the only company in the top 10 listed companies in Hong Kong that does not have a family holding company other than HSBC, and the board of directors has always been only a decoration for the management, except for the annual general meeting, there is basically no force that can check and balance the management, as long as there are no serious losses, HK Electric's Taipan can be said to be the same.

However, the acquisition from Evergrande Group instantly disrupted this balance, and for many shareholders of HK Electric, the impact was not very large, but for the management, Wang Lao Wu, who had been single for a long time, suddenly ran into a housekeeper.

But they are only management, and their income can be said to be millions of dollars a year in Hong Kong, but in the face of this billion-dollar acquisition, they are also powerless, and after receiving an appointment from the boss of Evergrande, they immediately agreed.

At the headquarters of Evergrande, Connor met Xu Zhi, who was younger than he imagined.

Xu Zhi smiled and said, "Mr. Connor, please take a seat!"

"Thank you!" Connor replied politely, and said directly: "Xu Sheng, HK Electric has been operating independently over the years, and the benefits are growing every year, if Xu Sheng just wants to invest, I am very welcome, but if Xu Sheng wants to run it himself, I am worried that because the business is not familiar, it may damage the interests of the company." ”

Xu Zhi smiled and said: "I am naturally optimistic about the current management when I acquired HK Electric, if you want to ask this question, I can say bluntly that I am not interested in managing HK Electric, but since I have a real estate company under my umbrella, and HK Electric also has a large number of properties, I hope there will be more cooperation between us!"

"It's okay to cooperate, as long as the price is right. Connor nodded in agreement.

"Rest assured, the price is absolutely fair. Xu Zhi also agreed.

Connor nodded, still satisfied with Xu Zhi's promise, as long as the other party did not forcibly interfere in the company's operations, they could accept appropriate suggestions.

Xu Zhi said: "Mr. Connor, at present, we have acquired 7% of the shares, although we can continue to buy at a higher price, but this approach is not beneficial to HK Electric, since I want to buy shares, it is better to give this money to the company for the future development of HK Electric, wouldn't it be better?"

The same is an acquisition, no matter how much money is spent on acquiring shares in the market, it is only a cheap part of the shareholders and shareholders, and it does not benefit the company at all. But if the company gives a private placement to a certain person, then the money goes into the company's account.

If the company has a majority shareholder, it is extremely easy to be vetoed because it would dilute his equity.

On the contrary, the management controls the company, and they don't care about the dilution of the shares, so they can get enough funds to develop the company after the share increase, as long as the new shareholders don't interfere in the company's operations, why not?

For acquirers, there are too many external factors involved in an acquisition on the stock market, and even if it can be successful, the cost will be greater.

Connor frowned and thought for a moment, then nodded and agreed: "I can promise this matter, and I will go back and discuss it with my colleagues again for the specific amount." ”

Xu Zhi smiled: "Okay, then I wish us a happy cooperation!"