Chapter 458: Let's get down to business

"If I'm not mistaken, Hong Kong Economic Journal seems to have reported that Li Sheng's annual salary to Han Sheng is as high as 120 million Hong Kong dollars! I didn't expect this Zhuang Sheng's salary to be higher than Han Sheng's!" said Guo Kongpu, who is Guo Henian's nephew and a director of Shangri-La Hotels and Resorts, said with some disbelief.

Guo Henian's eldest son, Guo Kongcheng, fell in love with Deng Lijun a few years ago, and later they both reached the point of talking about marriage. However, due to the opposition of the Guo family, the two finally chose to break up, and Guo Kongcheng also had a lot of knots for his father Guo Henian.

Guo Kongcheng, who was originally in charge of the business of Hong Kong Lira Hotel Group, simply chose to go to Europe to relax. The crown prince of the Guo family chose to self-exile, and Guo Henian had to promote several of his nephews into the family group, and Guo Kongpu, who followed Guo Henian on the ship today, was the most favored one of them. (Hehe, it's far away, I accidentally found that Teresa Teng has such a history of almost marrying into a wealthy family!)

"You remember right, but in addition to his salary, Han Sheng should also have equity awards! But this Zhuang Sheng is indeed a super powerful person, I don't know if you have paid attention to the 'Plaza Accord' signed by the G5 in New York last September!

In the three months since the signing of the agreement, the yen has appreciated by 20% against the dollar. From 250 yen to 1 dollar at the end of September last year, it has now become 200 yen to 1 dollar. As far as I know, the LH fund managed by Zhuang Yuhai for Li Sheng began to bet heavily on the yen exchange rate before the signing of the 'Plaza Agreement'!

Although I don't know exactly how much money the LH Fund has invested in Japan, there are certainly 500 million or 600 million dollars. In other words, in just three months, the LH Fund has made a net return on its investment in Japan. At least more than 100 million US dollars!" Li Ke continued to break the news without being shocked.

The Han Sheng in his mouth is Han Peng, the number two person in the Eastern Group. He has always been known as Hong Kong's number one working emperor. Hong Kong media speculated based on the salaries tax paid by Han Peng. He received a total of HK$120 million in salary, bonuses and allowances for the year, not including unrealised option incentives.

Such a huge income also makes Han Peng highly sought after in Hong Kong. No worse than any rich man. Although Li Jiacheng and Bao Yugang are billions of billions, most of them are fixed assets that are not easy to disguise. If these rich people come up with 120 million cash at once, it will not be an easy thing.

Han Peng is in charge of a large multinational group with total assets of tens of billions of dollars, so even if his salary is astronomical for ordinary people, everyone takes it for granted. The Oriental Group is recognized all over the world as a company that will make money, and if Li Xuan is too stingy, he will fall into the name of "God of Wealth Li".

But now a character that no one has ever heard of suddenly came out and said that his value in the eyes of "God of Wealth Li" was higher than that of Han Peng, and everyone was naturally shocked. So I continue to hear about this Zhuang Yuhai. was able to earn more than $100 million in profits for Li Xuan in just three months, and everyone had a feeling of sudden enlightenment.

"Li Sheng's subordinates are really Crouching Tiger, Hidden Dragon! This Zhuang Sheng is indeed a great task, and the profit of our Lin Group last year was less than 800 million Hong Kong dollars!" Lin Yuli said with a sigh.

He couldn't help but glance at Lin Yuhao who was standing next to him with some jealousy. If Lin Yuhao hadn't been lucky enough to become Li Xuan's college roommate, with his status as an illegitimate child, it would have been impossible to have the opportunity to enter the highest decision-making level of the Lin family like now. You must know that Lin Guitai has two sons and one daughter born in the main room, but now the only person who can really participate in the important decision-making of the Lin Group is Lin Yuli, the eldest son.

A group of juniors were chatting in a relaxed manner on the deck outside. And the atmosphere in the box was not very peaceful, and everyone was not tense because of the distribution of interests between each other. On the contrary, the biggest doubt of several bigwigs now is how much money to use to acquire Hongkong Land so that they will not lose money.

If the acquisition of a 51% stake in Hongkong Land. It is necessary to spend all the 13 billion funds that have been prepared now, and this price is inevitably too great! You must know that the total market value of Hongkong Land Group is only 15 billion Hong Kong dollars!

"We acquired a 51% stake in Hongkong Land. It is estimated that the amount of money that will be spent is around 90 to 10 billion Hong Kong dollars, and after the absolute control of Hongkong Land is completed, we can take advantage of the trend to privatize Hongkong Land.

This makes it easier for the five of us to divide the benefits in the future. After the completion of privatization. We can split the current Hongkong Group into three or four companies and re-list them separately!

Of course. If the acquisition of 51% of the equity needs to cost 10 billion Hong Kong dollars, then the entire privatization operation, the total amount of funds spent may be about 20 billion Hong Kong dollars, what about the remaining shortfall?" Zhuang Yuhai looked around and said slowly.

The HK$6.1 billion raised before should already be the bottom line of the other four fundraising at this stage. If they continue to add more, they are likely to opt out because the risk is too great. Counting the 7 billion raised by Li Xuan, there is still a gap of up to 7 billion Hong Kong dollars from the 200 needed to fully privatize the land company.

Li Xuan's Oriental Group natural online game has the ability to fill this gap, but he is not buying Hongkong Land in the name of Oriental Group this time. Moreover, in Li Xuan's planning, the Oriental Group is not ready to enter the real estate industry, so it is naturally impossible for him to use the valuable cash flow of the Oriental Group in this kind of place.

This time, it was LH Investment Fund that participated in the action on behalf of Li Xuan. Before the Plaza Accord was signed, Zhuang Yuhai used nearly 60% of the fund's capital to bet on the yen's appreciation. The $1.2 billion invested in Japan has now earned $300 million in profit in terms of exchange rate alone.

Now, the sharp appreciation period of the yen has passed, although the yen will still appreciate slowly in the future, and the Japanese stock market and property market are also thriving, but for the sake of risk control and diversification, Zhuang Yuhai still chooses to withdraw a piece of money, and control the proportion of investment in the Japanese market in the entire portfolio of LH funds within an appropriate range.

These withdrawn funds require new investment channels, and Zhuang Yuhai is also very optimistic about the development of Hong Kong's economy in the next few years. So he is ready to put this money into the stock market and property market in Hong Kong.

Hongkong Land is not only the largest real estate group in Hong Kong, but also in the Hong Kong stock market. The largest listed company by single market capitalization. And its valuation happens to be at a low point, so Zhuang Yuhai has long been aiming at Hongkong Land. This is also the initiative he took the initiative to speak before. to persuade the boss Li Xuan to buy the original intention of Hongkong Land.

After the five families completed the initial distribution of benefits, Li Xuan invited Shen Bi to dinner under the contact of Xu Shixun. The venue for the interview was chosen, the Hong Kong Club at 3 Chater Road, Central.

There are three top clubhouses in Hong Kong, namely the Hong Kong Jockey Club, the Hong Kong Yacht Club and the Hong Kong Golf Club. But in addition, there is actually a long-established high-end club, that is, the Hong Kong Club, which was established in 1846.

Unlike the other three clubs, which have gradually become dominated by Chinese, the Hong Kong Club is no longer as forbidden to Chinese membership as it was in the early days, but the majority of its members are still British. The Hong Kong Club is a British senior staff member in Hong Kong. One of the main places for entertainment and socializing in normal times.

This place was decided by Xu Shixun after asking Shen Bi's opinion. It is also very dramatic to say that one of the important tasks of Li Xuan's meeting with Shen Bi today is to persuade HSBC to support their acquisition of Hongkong Land. And this 21-storey Hong Kong clubhouse building happens to be the property of Hongkong Land.

"Sir Shen, Xu Sheng's China State Construction Group, together with Huo Xingye Tang Company, Lin Group, Karrie Group, and a private investment fund under my name, jointly set up an acquisition team to prepare for the full acquisition of Hongkong Land under the Jardine Group!

Including Bank of China Hong Kong, Standard Chartered Bank, Jiahua Bank, Bank of East Asia, Tai Sang Bank, Hang Seng Bank. As well as a number of banks, including DBS Bank of Singapore and Bangkok Bank of Thailand, a total of HK$9.5 billion will be provided for the acquisition, and we have raised HK$3.6 billion of our own funds!

HSBC has extensive business relationships with Hongkong Land and is one of Hongkong Land's major creditor banks. Therefore, we hope that before the acquisition begins. Communicate effectively with Sir Shen first!" Li Xuan didn't talk too much nonsense, and after a few words of greeting with Shen Bi, he said straight to the point to this HSBC senior.

A look of shock inevitably flashed in Shen Bi's eyes. Such an action to mobilize tens of billions of funds. There was no rumor in the market, and Shen Bi could think of the other party. Careful arrangements and strict secrecy must have been made in advance.

In fact, Hang Seng Bank, which gave Xu Shixun a credit of 10 Hong Kong dollars, is a holding subsidiary of HSBC. But when HSBC bought Hang Seng Bank. Committed not to participate in the specific management of Hang Seng Bank, so Hang Seng's business is independent of HSBC.

When Xu Shixun negotiated with Hang Seng's senior management, he demanded that the other party keep this plan secret at the highest level. However, the acquisition of the land by Li Xuan and others will not directly harm the interests of HSBC, so Hang Seng did not notify the major shareholder HSBC.

Shen Bi can sit firmly on the throne of Hong Kong's financial czar, and he is naturally accustomed to all kinds of winds and waves. A smile appeared on his face, and he nodded to Li Xuan: "Li Sheng is really a big deal, it seems that Hongkong Land has been pocketed by you!"

As soon as Li Xuan came up, he showed all his hole cards, hoping that Shen Bi could see the situation clearly. Since they have raised as much as 13 billion yuan, they are naturally determined to win. If HSBC wants to support Jardine Matheson in its resistance, it is necessary to mobilize the same amount of capital, and 13 billion Hong Kong dollars is by no means a small amount!

"Sir Shen, you may be misleading! I have no intention of controlling Hongkong Land. This time it was actually my private investment advisor who convinced me to make a purely financial investment! He believes that Hongkong Land is grossly undervalued, and although the company has suffered huge setbacks in the past few years, it is still one of the best assets in Hong Kong!

We plan to fully privatise Hongkong Land at a consideration of up to HK$20 billion. Then, Hongkong Land will be split and reorganized, divided into several independent new companies such as hotels, catering and retail, real estate, etc., and re-issue new shares for listing!

I won't take a controlling stake in any company, but my investment advisor assures me that the money I invest will reap a good return on the profits in this operation!" Li Xuan shook his head and explained to Shen Bi with a smile.

"Of course, the funds we are raising now are still far from the HK$20 billion privatisation target, so we hope that HSBC will support our privatisation plan once we have achieved absolute control of Hongkong Land.

But if HSBC can provide HK$5 billion in financial support, I believe other banks will be willing to make up the remaining HK$2 billion funding gap!" Li Xuan paused and continued, showing strong confidence, as if HSBC had already supported his acquisition of Hongkong Land.

Bringing HSBC into the takeover of Hongkong Land was the final part of Chong's overall plan. The only reason HSBC sided with Jardine Matheson was that it feared that its inherent interests in Hongkong Land would be damaged by other banks after the acquisition.

And the best way to dispel HSBC's concerns is to get it on board. It is important to know that every penny that the acquisition team borrows from the syndicate has to pay high interest costs, so banks like to participate in such large-scale mergers and acquisitions the most.

Xu Shixun, who was sitting in the box together, did not speak from beginning to end, and only Li Xuan, the richest man in the world, was qualified, so strongly put his own conditions in front of Shen Bi for HSBC to choose.

The room fell silent all of a sudden, and Li Xuan casually took a few desserts from the dining table and put them in his mouth, giving Shen Bi, who was sitting next to him, some time to think.

"Sir Shen, about the acquisition of Hongkong just now, I just gave you a notice in advance today on behalf of Huo Sheng, Guo Sheng and Lin Sheng, who did not come to meet you. Next, these few of them who salivate over the fat piece of Hongkong Land will talk to you in detail! Let's get down to business!"

Li Xuan didn't wait for Shen Bi to reply, and suddenly spoke. He lightly kept himself out of the matter, as if the actions of the Acquisition had little to do with him.

And Shen Bi also showed a somewhat interested smile: "I don't know what Li Sheng is going to talk about next?"

"Hong Kong's electronics industry is entering a period of rapid development, which is inseparable from the credit support of financial capital. HSBC is the most important cornerstone of Hong Kong's financial industry, and Oriental Group hopes to reach a strategic partnership agreement with HSBC to jointly promote the upgrading and transformation of Hong Kong's industry!" Li Xuan also smiled warmly at Shen Bi.

Shen Bi has been working in Hong Kong for more than 30 years, and he has long been an authentic China expert, and he immediately captured some different information from Li Xuan's subtle words. Oriental Group hopes to reach a strategic partnership with HSBC, does this mean that Li Xuan is ready to support HSBC's entry into the Hong Kong electronics industry next......?