One evening in early December, three brothers, Li Huawen, Li Hualong and Li Huahu, met for dinner in the private room of the Mandarin Oriental Hotel.

There were no outsiders present, and the three brothers felt very comfortable, chatting while eating, and chatting about a lot of hidden topics.

If someone overhears their conversation, they will be happy because they can hear about business opportunities that will make them money.

The three chatted for a few words, and Li Huahu first talked about the topic of investing in stocks, and he asked, "Third brother, what stocks have you bought recently?" ”

"Cheung Kong and Hongkong Land bought some shares." Li Hualong didn't hide it, this is not a big secret, he feels that he can share it with his brothers.

"In the past year or so, Hongkong Land's stock price has plummeted, and you have picked up a bargain." Li Huahu said with a smile.

In his eyes, Cheung Kong is just a small company, although his Shun Tak Group is not listed, but he knows that the total assets and net assets of Shun Tak Group are several times that of Cheung Kong Industrial, and if Shun Tak Group is listed, the market value will definitely be several times that of Cheung Kong Industrial, or even more than ten times, and he is the controlling shareholder of Macau Galaxy Entertainment Group, and he now has more than 2 billion Hong Kong dollars in assets, and he does not look at Cheung Kong at all.

"You can't say that. It's a bear market now, and there aren't many people who dare to invest a lot of money into the market. Li Huawen said with a smile, "At the beginning of last year, the stock price of Hongkong Land Company was inflated, and recently, the company demolished the old building for reconstruction, which not only required a large amount of investment, but also affected the performance, and it is normal for the stock market to fall sharply in the case of a downturn." As for whether the company's share price will rise sharply in the future, there are many uncertainties. ”

"Ah Hu, don't just see me pick up a bargain, I will also help you buy a lot of shares of Hongkong Land." Li Hualong smiled and reminded that he would not repay his relatives with gratitude, but he still helped his relatives. Loved ones can remember him well.

"I know, I'm very grateful to the third brother in my heart." Li Huahu smiled sincerely, "Seriously, I don't know much about the stock market. We all know that the share price of Hongkong Land is undervalued, and it may not rise significantly in the short term, but holding shares for a long time will definitely be able to obtain a rich return on investment. ”

Li Hualong said that he helped Li Huahu buy stocks. But he didn't buy it directly for him, but told Li Huahu or Fang Cuiping about the idea of funds, suggesting what stocks to buy and how many stocks to buy.

"Aaron's investment vision is so good, if you invest with him, you will definitely not suffer." Li Huawen said with a smile.

"Big brother is right. The third brother has never done a loss-making business. Li Huahu laughed.

"Hearing you say that, I'm a little depressed." Li Hualong smiled bitterly, "I have done a lot of loss-making business, and not every movie invested and produced by Huayi Brothers Film Company has made money. I'm a human, not a god, do you really think I'm the god of wealth?! ”

"In my eyes, you are the God of Wealth." Li Huahu said seriously, with a smile on his face, "You can't just calculate the return on investment of a movie, you should count the income of the entire film company." And also. Investing in real estate projects, as well as investing in stocks, on a single investment, there is no loss, right? ”

"I don't think so." Li Hualong smiled faintly. Raise your wine glass and "clink glasses." ”

After touching the glass, Li Huawen took a sip of red wine and said, "Ah Long, if I remember correctly, at the end of this month." Wharf is about to cash out the convertible bonds paid to you for the acquisition of Xingguang Hong in your hands, totaling more than 70 million Hong Kong dollars, right? ”

"That's right, HK$78.4 million." Li Hualong nodded with a smile.

"Now that Wharf's stock price has fallen a lot, you will definitely not convert bonds into stocks, and Wharf will definitely increase its debt ratio before it wants to cash out, and it is estimated that the stock price will continue to fall." Li Huawen said.

"Big brother, you guessed wrong, I'm going to turn bonds into stocks, but not the amount agreed before." Li Hualong said with a smile.

"Oh!" Li Huawen suddenly realized, "Issuing new shares to you at the market price, and now the stock price of Wharf is undervalued, it is a great thing for you." ”

"That's right!" Li Hualong said happily, "I won't tell you anything, I now hold 24 million shares of Wharf Company, and after Wharf issues new shares, I will become the absolute controlling shareholder of this company." ”

"Third brother, you have negotiated with the board of directors of Wharf Company." Li Huahu asked curiously.

"The talks have been completed this afternoon, and the news will be announced to the public tomorrow." Li Hualong replied.

"Congratulations." Li Huahu raised his wine glass, touched the wine glass with Li Hualong, and asked, "What is the total share capital of Wharf now?" ”

"55 million shares." Li Hualong paused and continued, "In recent trading days, Wharf's share price has been below HK$7, and new shares have been issued at a premium, and bonds worth HK$78.4 million can be exchanged for 10 million shares. ”

"Seriously, the land owned by Wharf Company is sold separately, and I estimate that a few can sell it for 500 million Hong Kong dollars, and the net asset value of this company will not be less than 500 million, and the market value of this company is less than 400 million, and the stock market is really sluggish at this time." Li Huawen sighed.

"Big brother, the shares of your listed companies are not undervalued?" Li Huahu asked with a smile.

Li Huawen took a bite of the food, nodded with a smile: "It's undervalued, recently, I have been increasing my holdings of shares in listed companies controlled by myself, and I have also bought a lot of shares of Hang Seng Bank." ”

"The third brother suggested that you buy Hang Seng Bank stocks?" Li Huahu asked curiously.

"Nope. He told me before that the stock prices of many listed companies in Hong Kong are seriously undervalued, and it is a good time to get to the bottom. Of course, I bought several stocks that he suggested buying. Li Huawen smiled slightly, looked at Li Hualong and asked, "By the way, Ah Long, have you increased your holdings of Hang Seng Bank's shares in the past year or so?" ”

"No, although I know that the stock price of Hang Seng Bank will rise a lot in the future, I already have an absolute controlling interest in this company, and I am not too interested in continuing to increase my stock holdings, leaving the opportunity to investors like you who are optimistic about the development prospects of Hang Seng Bank."

"Thank you!" Li Huawen raised his wine glass, signaled to Li Hualong, and took a sip of wine.

Li Hualong smiled faintly, changed the topic and said, "Fourth, how is the business of the casino recently?" ”

"Compared to the first half of last year. In recent months, the casino's revenue has been much worse. ”

"This is normal. Now that the global economy is in a downturn, there will definitely be fewer high rollers entering casinos with large sums of cash. Li Huawen interjected, "No matter what. When you first invested in gambling, you were on the right track. ”

"This is thanks to the support of the third brother, without his support, not to mention that Aba can't pass that level, I will not strengthen my confidence in running the gambling industry." Li Huahu smiled and raised his glass. "Third brother, I toast you."

"You're welcome." Li Hualong also raised his wine glass, clinked glasses, took a sip of red wine, and continued, "I also want to thank you, I invested in Galaxy Entertainment Company, and I can get a huge profit. ”

"Don't be too polite to your own brother, don't thank you for coming and going." Li Huawen smiled and said, "Don't patronize and talk." Eat more, such a good dish, don't waste it. ”

……

By the end of December, Hutchison International's share price had fallen from $24 per share at the peak of the stock market in March 1973 to $142, and the market value of the company had fallen to HK$40.8 billion.

Li Hualong didn't know how much Hutchison International's share price would fall, but he felt that the company's net asset value was not less than HK$1 billion, and when the company's stock price fell below HK$2 shares, he and his family began to secretly absorb it, and he felt that he could buy all the shares of Hutchison International at a price of HK$2 per share, and he was very happy.

Li Hualong is very clear. If it is known to the outside world that he has bought a large number of Hutchison International, with his influence in Hong Kong, investors will definitely rush the company's stock, and it will definitely push up the company's stock price significantly. This will not allow him to acquire a large number of Hutchison shares at a lower price.

As of the close of the stock market on January 10, 1975, Li Hualong and his family had purchased 95.8 million shares of Hutchison International, spending a total of HK$1,628.6 billion, with an average of HK$17 per share, holding more than 33% of the shares, becoming the largest shareholder of Hutchison International.

The current head of Hutchison International Company, Qi Dezun, in order to grow the company rapidly. Adopting a radical development strategy, he has repeatedly acquired by issuing new shares, and today, he owns less than 8% of the company's shares.

Two days later, on Sunday, January 12, Mr. Lee announced the number of shares he and his family held in Hutchison International and asked for a reorganization of the board of directors of Hutchison International.

On Monday, January 13, Hutchison International applied for a suspension of trading and announced Li Hualong's request to become a member of the company's board of directors.

Li Hualong's "Ming Pao" and "Hong Kong Economic Times" two newspapers published the news that Li Hualong was going to become the owner of Hutchison International, which aroused the interest of many investors, and investors who held a total of shares of international companies began to get excited, they thought that the stock price of Hutchison International Company was going to rise, and some investors who like ultra-short-term set the company's stock, ready to wait for the stock to resume, immediately buy the company's stock, and take the opportunity to make a profit.

On the afternoon of the day of the suspension, Hutchison International held a board meeting, and Li Hualong was invited to participate in the company's board of directors.

Prior to attending this meeting, Li Hualong did not take the initiative to contact the members of the board of directors of Hutchison International, but several directors took the initiative to contact him and expressed their support for him to become the chairman of the board of directors of the company.

The directors who took the initiative to contact Li Hualong felt that Li Hualong's acquisition of Hutchison International would improve the company's operating conditions, increase profitability and increase the company's stock price.

With Li Hualong and his family holding more than 33% of the shares, it is very easy to become the owner of Hutchison International, plus they all know Li Hualong's influence in Hong Kong, they will not stand up irrationally and speak out.

Qi Dezun is not the founder of Hutchison International, under his leadership, Hutchison International has grown from a small listed company to a large enterprise, he has a deep affection for Hutchison International, he is very reluctant to see others "snatch" his company, but he knows that he cannot prevent Li Hualong from becoming the owner of Hutchison International.

Qi Dezun gave up resistance, and before the re-election of the chairman of the board of directors, he took the initiative to step down and elected Li Hualong as the chairman of the board of directors of Hutchison International.

Lee was unanimously elected Chairman of the Board of Directors of Hutchison International and led the reorganization of the Board of Directors of Hutchison International, holding four of the nine international board seats, with former Chairman Kee Tak Thong retaining one board seat.

After the completion of the restructuring of the board of directors of Hutchison International, Lee proposed to issue new shares to resolve the company's financial crisis.

A few days later, Hutchison International held a general meeting of shareholders, and the board of directors proposed to issue new shares and offer 62.67 million shares to Li Hualong at a price of HK$25 per share (premium), raising HK$156675 billion, which is not enough to solve the company's debt crisis, but this can convey to investors that Li Hualong is confident that he will run the company well, which is conducive to the improvement of the company's stock price.

After the issuance of new shares, the total share capital of Hutchison International reached 3.5 billion shares, and Li Hualong and his family held 1,584.7 billion shares of the company, holding more than 45% of the shares, which can make Li Hualong firmly sit in the position of chairman of the board of directors of Hutchison International. (To be continued.) )

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