Chapter 159 Hutchison Whampoa Company
Li Jiacheng is only the top richest man in Hong Kong now, but he is still far from the richest man in Hong Kong. Pen × fun × Pavilion www. biquge。 infoLi Ka-shing's successful acquisition of shares in Hutchison Whampoa caused a huge sensation in the Hong Kong press circles at that time, and various newspapers and magazines used eye-catching headlines to describe Li Ka-shing's successful acquisition in the style of "snake swallowing elephants", which was like dropping an atomic bomb over Hong Kong, and its earth-shattering energy not only caused a sensation in Hong Kong but also caused the stock market to soar.
Hutchison Whampoa Limited is a large multinational corporation with global operations, operating a wide range of businesses, including the world's largest container terminal operator in multiple markets, retail chain groups, property development and infrastructure businesses, as well as state-of-the-art telecommunications services. Li Ka-shing is well aware that HSBC will never take a long-term stake in Hutchison Whampoa, because financial institutions directly operate the company, which is not reasonable, legal, and inconvenient, and it is only a matter of time before HSBC sells Hutchison Whampoa.
Therefore, since 1978, Li Jiacheng has been planning how to acquire the shares of Hutchison Whampoa from HSBC, and now it is at the stage where the transaction is about to be made.
Hutchison Whampoa had a minimum value of HK$14.4 per share, but it was sold to Li Ka-shing for HK$7.1 per share, which was very cheap, and it was also backed by a loan from HSBC.
However, no matter how Li Zetian thought about it, he felt that HSBC's brain might be funny, and he actually sold Hutchison Whampoa's shares at a 5% discount.
Li Zetian immediately sent someone to investigate whether HSBC and Li Jiacheng had a dirty PY transaction.
Not long after, his subordinates wrote a report and faxed it to him, which mainly analyzed why HSBC was interested in selling Hutchison Whampoa shares to Li Jiacheng.
According to the above analysis, HSBC owes Li Jiacheng a favor in the battle of Wharf; second, it is optimistic about Li Jiacheng and feels that Li Ka-shing's position in Hong Kong will be of great importance in the next 10 years; and third, it can also help Li Ka-shing, a Chinese-funded company, win the favor of Beijing, so that HSBC can make a smooth transition after Hong Kong's return to the motherland and its business operations will not be affected by politics.
The mall is weak, and the last two points are the key to HSBC's sale to Li Jiacheng.
Because in 1978, Li Jiacheng and Deng Lao met and met very happily, which caused a sensation in Hong Kong at that time.
Li Zetian immediately called the Hong Kong side and asked his subordinates to inform HSBC that he wanted to buy the shares of Hutchison Whampoa in their hands. At the same time, he asked Dongfang Yuqin to book a plane ticket to Hong Kong. Although Li Zetian is now worth tens of billions, he is basically shares, but there is not much cash, and the price of a Boeing 747 is as high as hundreds of millions of dollars, and he is now reluctant to sell his shares to buy an airplane, which is too much of a loss. Every company is growing fast, and the value of the shares is increasing every day. In addition, he usually doesn't travel far and can't take a few flights, so he doesn't need to buy a plane at this stage. Of course, it is also related to the fact that he was an orphan in his previous life and was accustomed to being thrifty and thrifty.
The next day, Li Zetian took a plane to Hong Kong.
After the plane took off, Li Zetian squinted his eyes, lay on the chair, the corners of his mouth rose slightly, revealing a confident smile, and muttered in his heart: "I don't believe it, I went to Hong Kong, and HSBC will still value Li Jiacheng so much? With the influence of the Chinese in the world, Li Jiacheng can compare with me?"
After a long 14 hours, Li Zetian read the information, and when he was tired, he fell asleep on the plane, and when the plane arrived in Hong Kong, it was exactly 9 o'clock in the morning, and the sun was shining.
Li Zetian first went home and asked Shen Bi, chairman of HSBC, to meet at a five-star hotel at noon.
Shen Bi is a Chinese name, but a shrewd British, and under his leadership, HSBC's profitability has grown rapidly, and its business development has reached its peak.
"Hello Mr. Li, it's a pleasure to meet you. Shen Bi smiled and stretched out his hand to say hello.
Li Zetian stretched out his hand to shake him, and said with a smile: "Hello, Mr. Shen, I am also very happy to meet you." ”
The two sat down and beckoned the waiter to serve the food.
HSBC is essentially a British colonial bank and has always maintained a special relationship with the British government in Hong Kong. This gives it a monopolistic and privileged position in Hong Kong's financial industry. HSBC accounts for about half of Hong Kong's deposits and has been acting as a central bank in Hong Kong until the establishment of the Hong Kong Monetary Authority. Therefore, any rich man in Hong Kong would not have been able to make it without the support of HSBC.
In the era of the British government in Hong Kong, HSBC, as the leader of the British monopoly consortium in Hong Kong, actually controlled the entire Hong Kong economy, and the chairman of HSBC was the de facto ruler of Hong Kong.
However, no matter how awesome HSBC is, it is only in Hong Kong and the United Kingdom, that is, a bank. Li Zetian is now in full swing, with unlimited career potential and large capital flow, and countless banks are begging to cooperate with him. Moreover, Li Zetian's career has expanded to Europe, and HSBC wants to seek a strong partner, and it is necessary to make friends with Li Zetian. In fact, Li Zetian has little contact with HSBC now, and generally cooperates with banks in the United States.
Li Zetian didn't spare the circle, took a sip of water, and said to him straight to the point: "Mr. Shen, I heard that HSBC plans to sell 20% of the shares of Hutchison Whampoa, and to tell you the truth, I am also very interested in this company. ”
Hutchison Whampoa owns Hong Kong's container port and extensive land bank, as well as PARKnSHOP and Watsons (a chain of health and beauty product retailers) with monopoly revenues in Hong Kong's retail sector, as well as 14 berths out of Hong Kong's 24 berths. The Port of Hong Kong is one of the busiest and most efficient international container ports in the world, and it is also a major hub port in the global supply chain, with more than 80 international liners providing about 500 container liner services every week, connecting the Port of Hong Kong to more than 500 destinations around the world, ranking first in the world's container throughput for several consecutive years.
In addition, PARKnSHOP and Wellcome account for about 70% of Hong Kong's retail trade, and A.S. Watson and Jardine Matheson Holdings' Mannings account for almost 70% of Hong Kong's herbal medicine sales.
Before Li Zetian met Shen Bi, he had already seen these materials on the plane, and he was even more determined to acquire Hutchison Whampoa.
Shen Bi frowned slightly, at this juncture, Li Zetian's sudden proposal to acquire the shares of Hutchison Whampoa Company surprised and embarrassed him. He has privately promised Li Ka-shing that HSBC will give priority to selling Hutchison Whampoa to Li Ka-shing. He admired Li Ka-shing's shrewd, capable and honest business style, as well as Cheung Kong's growing strength and soaring track record.
However, compared with Li Jiacheng and Li Zetian, it instantly dimmed.
Shen Bi hesitated, pondering, his brain was running rapidly, analyzing the pros and cons.
Li Zetian waited quietly, slowly eating the small pastries sent by the hotel......