Chapter 318 Hong Kong Land with a Market Value of 10 Billion Yuan

Declined Yi Yifu's proposal, Jin Yong resolved the embarrassment with laughter, he was most concerned about Wang Zifan's acquisition trends, if he could take the lead in reporting it, it would be tantamount to a turnaround battle for his newspapers and periodicals, after all, "Ming Pao" mainly focused on political and economic news, pondered for a moment, saw Wang Zifan's expression was stable, and said with a smile: "I heard that you plan to spin off the Hong Kong Electric Group?"

Wang Zifan nodded and said, "I have this plan!"

Shaw was secretly surprised, the market value of Hong Kong Electric Light is more than 10 billion, and the spin-off and listing is definitely a big benefit for Wang Zifan, it seems that it will not be long before this kid's pocket will skyrocket several times. Pen × fun × Pavilion www. biquge。 info

Jin Yong frowned and thought for a while, if Wang Zifan wants to make a profit in the spin-off and listing action, he will inevitably invest a lot of money in the early stage, and if he has no money in his hand, how to acquire other companies, it is difficult for a sniper in the stock market to 'cook without rice', and sighed: "It's a pity! I heard that Li Jiacheng has been eyeing the British-funded group recently, and several giants are united, and there must be a big move!"

Wang Zifan smiled slightly, these may be a great secret for people of Jin Yong's level, but for him, it is really nothing, as early as a few months ago, Keswick, the head of Jardine Matheson, asked him for advice on the secret of blocking the 'four major families', and increased his holdings of Jardine Matheson and Landmark Group according to the gourd painting scoop, to put it bluntly, it is to prevent the Chinese consortium from taking advantage of the fire to rob.

Shaw's heart moved, and he smiled: "It seems that you also have ideas!"

Jin Yong stared at Wang Zifan, also waiting for the answer, Hong Kong used to be the world of British-funded groups, but in recent years, large-scale acquisition wars have been frequent, Bao Yugang acquired Wharf, Li Jiacheng acquired Hutchison Whampoa, Wang Zifan acquired Hong Kong Electric, all of them are large groups with a market value of more than 10 billion, they have missed three times, and this fourth time they can no longer be spectators.

"yes!"

"Jardine?" Jin Yong suppressed for a long time and said these two words, and when Shaw heard it, he couldn't help but raise his eyebrows, there is a saying that before Hong Kong, there is Jardine Matheson, which shows the influence of Jardine Group.

"Almost, this time the target is Jardine's Hong Kong Land Group!" Wang Zifan did not hide it, if he can attract Yi Yifu and Jin Yong to stand on his side, he will not have to worry about the fire in the backyard, and the support for the Golden Harvest incident is enough to show that Li Jiacheng began to mix sand around him, and the TVB under Yi Yifu, Jin Yong's "Ming Pao Group" just happened to be able to restrain his Jiashi and "Apple Daily"!

There are two Hongkong Land groups in Hong Kong, one is Chinese Estates, and the other is Jardine Matheson, the former was founded by a Chinese family, and the latter is the core asset of Jardine Matheson.

Jardine Matheson was established in Guangzhou in 1832, the founder was the opium dealer Jardine and Madison, after the opening of Hong Kong in 1841, Jardine Matheson moved its headquarters to Hong Kong, is one of the four major foreign companies in Hong Kong in the 19th century, and later after a series of open and secret battles, the Keswick family won, a total of 5 people before and after the Jardine Taipan, the family controls 10% ~ 15% of the shares of Jardine Matheson, is the largest shareholder, and Jardine is therefore considered to be the foundation of the Keswick family.

Hongkong Land Holdings Limited (Hongkong Land, Hongkong Land, Hongkong Land) is a leading property investment company in Asia. One of the management and development groups with quality commercial and residential properties throughout Asia, the company has a history dating back to 1889, is one of the oldest property groups in Asia, Hongkong Land Holdings Limited is incorporated in Bermuda, has premium listing status on the London Stock Exchange, and has secondary listing status in Bermuda and Singapore, the Group's assets and investments are managed in Hong Kong by Hongkong Land Group Limited, a member of the Jardine Matheson Group.

Its prime commercial and residential properties are located throughout Asia, with a total floor area of approximately 5 million square feet owned and managed by the Group in the core business district of Central, Hong Kong, with tenants in financial services and related industries, and significant interests in a number of large-scale developments such as Marina Bay Financial Centre and OneRafflesQuay in Singapore.

According to Wang Zifan, at present, the Jardine Matheson system includes a number of large companies such as Jardine Matheson Group, Hongkong Land Group, Dairy International and Mandarin Oriental, which owns the prime location of the building property in the central district, the world-class hotel, more than 100 supermarkets and boutique retail chain stores, etc., all of which are in terms of controlling position, and the Jardine Group is the most prominent;

Shaw gasped, as an old man, no one knows the influence of Jardine Matheson better than him, this is simply a challenge to half of Hong Kong!

Jin Yong groaned to himself and analyzed: "The current market value of Jardine Matheson has fallen to 3 billion, which is indeed a good opportunity to start!"

Shaw couldn't help but say: "The market value of Jardine Matheson has plummeted, but the Jardine family still has many listed companies, how can the Keswick family sit back and watch others buy the flagship group of Jardine Matheson!"

Jin Yong couldn't argue, but he still didn't think so, Wang Zifan is not alone, he still has the support of many Chinese consortiums behind him, and Li Jiacheng is also, Bao Yugang, Zheng Yutong, Xu Shixun, that one is not a representative of the old family!

Hong Kong real estate, Chinese capital dominates, this is the status quo of Hong Kong's real estate industry, more than seventy percent of the real estate companies are founded by Chinese, and then take the land, British capital in the real estate industry will lose its pillar, which has a great impact on Hong Kong's business pattern.

Shaw subconsciously asked, "Afan, when are you going to do it?"

"It depends on the timing!" Wang Zifan smiled, he is not a good cone, in order to win over the goodwill, he will tell the old bottom, the exact time is a life-threatening event for him, for example, if he is only allowed to buy Li Jiacheng and his gang on the date, he can unknowingly let this group of people suffer a big loss, and then sit on the profits of the fisherman!

"That's right, all aspects of such a big acquisition must be considered!" Shaw's face flushed, it was hard to imagine that such a naïve question came from his mouth!

……

After the banquet dispersed, Wang Zifan said goodbye to Yi Yifu and Jin Yong, and returned to the private room to chat with Hong Jinbao, Cheng Long, and Yuan Pan for a while, because Yuan Di's salary was far lower than expected, and the cost of "Fast Food Truck" was controlled to 8 million, Cheng Long In addition to getting a salary of 2 million, Cheng Long also had a 5% Hong Kong box office dividend.

In the next few days, Wang Zifan paid attention to the trends of Hongkong Land while working, and he wanted to open a breakthrough before the trip to the United States, so that he could command remotely in the United States, which is why he told Zhao Yuzhi to be busy for a while and then go.

In fact, after the outbreak of the crisis in Hong Kong, Keswick wanted to transfer the core assets of Jardine Matheson overseas, and the Hong Kong Electric Group and Hongkong Land Group were on his handling list, but it was just a matter of moving the whole body, and after the sale of Hong Kong Electric Lighting, Jardine Matheson's finances improved, so he was not in a hurry to sell Hongkong Group, and planned to sell at a price, and this sense of distrust of Jardine Matheson had to be traced back to the time of the liberation of the mainland.

After the founding of the People's Republic of China, the loss of Jardine Matheson's assets in China was more than 10 million pounds, which was a huge amount at the time, so the senior management of Jardine Matheson has always been wary of the communist regime, pursuing the policy of "profit in Hong Kong, development overseas", overseas branches of more than 20 countries and regions, especially in the 70s of the 20th century, the mainland frequently threw out the topic of reclaiming Hong Kong, Jardine has little confidence in Hong Kong, vigorously expands overseas business, and acquires British Yiren Real Estate, Hawaii and Philippine sugar factories, Although the plan of TTI oil in the Middle East and Remin in South Africa was very smooth, the battle line was too long, the rate of return was low, and the funds dried up and had to be sold.

In the middle of a deep groan, Li Zhijing quietly walked up to him and reminded: "Boss, Mr. Huo and Mr. Ma have arrived!"

"Let them in!"

"Okay!"

Wang Zifan put down his pen, picked up the cup and poured two cups of water on the coffee table, this meeting was supposed to be last week, but it was because he was addicted to Li Zhi ventriloquism, so he dragged it out to this day.

"Mr. Wang, morning!"

"Mr. Wang, morning!"

"Well, sit down!"

Wang Zifan motioned for the two to sit down, and instructed Li Zhi to bring over the information he had recently collected, and was just about to raise his head to speak, only to find that the two people on the other side couldn't wait to report their work.

"Mr. Wang, this is the condition proposed by the Zhao family!"

"I'll see!"

Wang Zifan suppressed his thoughts, took the document and read it, and smiled: "They promised to sell 50% of the equity of the real estate company!"

Huo Jianning said with a smile: "In the first round of negotiations, they only agreed to transfer 25% of the equity, and their attitude was very resolute, and in the second round of negotiations, we said that no one wanted to sell only 25% of the shares, and if they wanted to sell, they would sell more than 50%, but I didn't expect them to agree after only thinking about it for half a month!"

Earn big!

Wang Zifan was very excited in his heart, the peak market value of this real estate company reached more than 60 billion, and now because of the rumors of bankruptcy of the Zhao family, it has fallen below 2 billion, he only needs to take out a few hundred million to win, and it is easy to privatize.

Ma Shiming said: "In exchange, we accepted the mortgage request of the Zhao family shipping company to help them tide over the difficulties!"

Wang Zifan remembered that the Zhao family was still a behemoth in later generations, which showed that even if he didn't help, there were other people who ran in to rob him, so he didn't have any psychological burden at all, and said with a smile: "It's okay, anyway, I'm not interested in shipping, you don't have to dig a pit for them, just do what you want, everything is according to the procedure!"

"Understood!" Ma Shiming and Huo Jianning both nodded, thinking that it was rare for the boss to be upright, honest and trustworthy once, and they couldn't hold back.

Wang Zifan pushed the documents that had already been laid over, and said with a smile: "It's no secret that I want to acquire Hongkong Group, I believe you know something, these are the latest information, read it first, I want to consult you!"

Ready to get your hands dirty?

Huo Jianning and Ma Shiming glanced at each other, each saw the worry in each other's eyes, now is indeed the weakest time for Hongkong Land, but for them, it is not a good time, and the Jardine Department is not easy to bully, the Chinese tycoon Bao Yugang has suffered a big loss at their hands.

As we all know, the ship king Bao Yugang finally won the battle for Wharf, but due to the precise planning of Jardine Matheson, Bao Yugang finally lost 610 million Hong Kong dollars, won face and lost money, and lost in the offer to acquire.

In the Hong Kong stock market, the tender offer is an important means to compete for the control of listed companies, however, there are many opportunities and traps in the tender offer, sometimes with the wealth to gain control, win face but lose money, the most classic case is the first two years of Hong Kong Land and Pao Yugang for control of the Wharf battle, the two sides are deceitful, the strategy is precise, the process of competition is high, the tide is stacked, it is really the most exciting battle in the history of Hong Kong acquisition war.

First of all, no one thought that the ship king would go ashore, and a good shipping company did not engage in it, but came to play on the shore, and secondly, the first of the "four lines" in Hong Kong, Jardine Matheson, gradually weakened, and the business of Jardine Matheson Matheson Co., Ltd. included import and export trade, shipping, railways, mines, dock warehouses, insurance, real estate and industrial manufacturing. As Jardine Matheson was also pessimistic about Hong Kong's "97 Issue" and instead made efforts to expand overseas investment, he missed many golden opportunities in Hong Kong. Constantly seek new investment opportunities and purchase potential industries and stocks.

Sir Bao's first prey after landing was the Wharf of the Jardine family, during which the acquisition was not mentioned, and the result was that Bao Yugang nominally won a big victory, but the real situation was like this.

Bao Yugang won a takeover battle, but immediately lost HK$610 million at the book price, plus the interest on the HK$2.2 billion loan, at an annual interest rate of 13%, and paid HK$286 million in interest a year, so Mr. Bao can only be called a miserable victory.

After this war, Hongkong Land retracted its tentacles from overseas to Hong Kong, participated in the construction of the luxury residential area of Baibi Mountain, the reconstruction of the old wing of the Miramar Hotel, acquired nearly 3 and a half percent of the shares of HKT and HK Electric Group, and more remarkable was the record-breaking investment of more than 4.7 billion Hong Kong dollars in the Central District Land King to build Exchange Square, which can be described as a large amount of money, resulting in a high debt of 10 billion yuan.

Coupled with Margaret Thatcher's visit to China, a crisis of confidence broke out in Hong Kong, the real estate market was shrouded in gloomy clouds, and the land, which was not a problem for debt repayment, was now a big problem, the banks were pressed, and the debt repayment was incapacitated.

At this time, Wharf, Hutchison Whampoa, Wheelock, Hong Kong Electric Group and other large British-funded enterprises have fallen into the hands of the Chinese consortium, and the market is rumored that the next target of the Chinese consortium will be Land, because the Chinese consortium is almost all real estate builders, and even Wang Zifan, who started in the entertainment industry, also acquired Kowloon Construction and Hong Kong Electric Lighting, which owns a lot of land.