Chapter 105: Wharf Takeover
This time he returned, Zhao Chen took away most of the profits of the Tianxia Society during this time, and in just two or three months, Zhao Chen made a lot of profits.
A small part of them is the expenses of his employees, cartoonists and ordinary expenses, and the rest is close to 20 million Hong Kong dollars, plus Zhao Chen's original wealth, the total amount is more than 20 million Hong Kong dollars. It may be nothing compared to those in the upper classes, but it's much better than most ordinary people, and he did it from scratch in less than a year.
The reason why Zhao Chen returned to Xiangjiang, in addition to some things in various aspects, was to use two events to increase his funds significantly, and one of them was the Wharf acquisition.
In the early 70's, Wharf was a large number of new shares in Jardine Matheson to cope with a number of large-scale acquisitions and initiatives, which resulted in a decline in the shareholding of the majority shareholder, Hongkong Land, and an extremely low share price of Wharf. At the beginning of 70, Hongkong Land's stake in Wharf was only about 1o%, and Wharf's share price hovered between HK$12 and HK$13.
Wharf shares are less than 100 million shares, which means that the total market value of its shares is only about HK$1.3 billion. However, Wharf is located in the most prosperous prime area of Kowloon, and the actual value of Wharf shares should be HK$5O per share based on the hammer price of HK$6ooo to HK$7ooo per square foot at the official auction price in the same area two years ago. If the site of the old Wharf is reasonably developed, the value is even greater. As a result, the market value of Wharf's stock is significantly lower than its actual value, which can be described as a big piece of fat. Therefore, at that time, Li Ren approved that even if he bought Wharf shares at a price five times higher than the current price, it was cost-effective. By September 1978, Li Ren had 18 percent of Wharf's shares, almost as much as Jardine Matheson's shares.
Later, the Jardine Matheson Department turned to HSBC for help, so that HSBC intervened, and because he did not want to offend HSBC and lack of funds, Li Ren had to take the initiative to sell Wharf shares to Bao Yugang, the king of ships.
Subsequently, Hongkong Land and Bao Yugang launched a takeover war, and the shares of Wharf became higher and higher, and by the time Zhao Chen returned to Hong Kong, the value of each Wharf stock was close to HK$7O.
The reason why Zhao Chen wanted to intervene in the Wharf acquisition was mainly because he had read relevant reports in his previous life, and because he had the ability to never forget, he could still remember everything he saw at that time, and he could be invincible. If you are lucky, you may be able to get acquainted with Bao Yugang and Li Ren, two rich men.
Of course, Li Ren at this time in terms of assets is far inferior to the ship king Bao Yugang, but Li Ren's future is bright and bright, he is the richest man in Asia for many years to come, and he can often squeeze into the top ten of Forbes.
After Zhao Chen returned to Xiangjiang, he did not immediately buy Wharf shares, but began to set out all the funds earned by Tianxia Comics Company during this time, so that the total capital on his body exceeded 30 million Hong Kong dollars, plus some miscellaneous income, Zhao Chen's funds could reach 40 million Hong Kong dollars.
Not only that, Zhao Chen also mortgaged the world's comic company and publishing house in HSBC, and loaned 10 million Hong Kong dollars from it. In this way, the amount of money he can use reaches 50 million.
After doing this, Zhao Chen came to Central, even if the current Central is also very prosperous, but after all, Zhao Chen has seen the prosperous scene of the later generations, and he is not surprised by the comparison, looking around at the surrounding environment.
This is worthy of being the most prosperous place in Xiangjiang, surrounded by dense high-rise buildings, Zhao Chen has a feeling of chaotic flowers gradually becoming charming, fortunately, the taxi driver knows the road and takes Zhao Chen directly to the stock market.
It's just that when Zhao Chen was about to enter the stock market, he was stopped by a young man who was a little angry.
"Go, children are not allowed!"
"This friend, everything is negotiable! My father was inside. Zhao Chen secretly said in his heart, he made some preparations before coming, because minors can't open an account in the stock market at all. However, he still had a way, and stuffed a hundred Hong Kong dollars into the young man's hand in a very covert way.
The young man paused for a moment, then a smile appeared on his face, looked left and right, and saw that there was no one before putting the Hong Kong dollar on his body.
"Since your father is in there, it's understandable, but don't stay too long, lest I be a bad person!"
"Thank you!" After Zhao Chen thanked him, he finally breathed a sigh of relief in his heart before stepping into the stock market.
As soon as he stepped in, he felt refreshed, and the air conditioner was obviously turned on in the stock market, otherwise the temperature would not be so different from the outside.
Zhao Chen looked around at the stock market as he walked, and when he found a place to open an account, he hurriedly walked over there.
"Hello, my mother asked me to come here to open a household, I'm sorry for you!" Zhao Chen took out his mother's ID card from his pocket and handed it to the staff in front of him.
"Wait a minute!" The staff glanced at Zhao Chen suspiciously, and always felt a little familiar, but they just couldn't remember it, so they had to quickly take the ID card and enter the information on the ID card.
Subsequently, under the guidance of the staff, Zhao Chen found a trader in the stock market.
A trader is a person who trades stocks for others, such as a person in a securities company who is responsible for buying and selling stocks. Traders are mainly for large investors or investment institutions to serve, they are often traders, have a good grasp of the disk, can grasp the timing of opening and closing positions according to the requirements of customers, skillfully grasp the skills of establishing and throwing chips, and use financial advantages to control the exhibition of the disk in a certain way, they can show every subtle change on the disk, so as to reduce the risk of life. Of course, Zhao Chen doesn't care about this, because all he has to do is let the trader do is buy Wharf shares with all his might.
The trader looked at Zhao Chen in front of him strangely, and also felt that the young man in front of him was a little familiar.
"Hello, I'm Zhao Chen!"
"Ah, you are Zhao Chen!" The trader's face was full of surprise, he naturally knew who Zhao Chen was, and hurriedly took the initiative to stretch out his right hand to shake hands with Zhao Chen, this is a legendary celebrity in Xiangjiang!
"I wonder what Master Zhao is looking for me?"
"It's very simple, help me buy Wharf shares!"
"Wharf shares naturally help to acquire, but I don't know how much Master Zhao wants to buy?"
"There are 50 million Hong Kong dollars here, you can help me buy all this money into Wharf shares!" If I do a good job, I'll pay a little more commission. ”
Zhao Chen took out a bunch of checks from his body, and the trader in front of him was stunned for a moment when he looked at the bright numbers on it. He heard it right, 50 million, this is too exaggerated, could it be that in less than a year, the young man in front of him earned 50 million, which is also unbelievable.
But the trader took a closer look at the checks, finally swallowed a mouthful of saliva, agreed, and the two began to go through the normal formalities, and finally signed their respective names on the contract. In this way, Zhao Chen can also hand over the check to the trader with peace of mind, even if the trader escapes with the money, as long as there is this contract, the stock market will also compensate the corresponding amount.
It's June, and Wharf's price has reached HK$72 at this time, and Wharf's share price is still rising rapidly due to competition between Hongkong Land and Pao Yugang. What Zhao Chen asked the trader to do was to spend 50 million as quickly as possible.
Zhao Chen's funds seem to be a lot, but the flowers calculated by the stock price of Wharf can't even buy 1%, which shows that the funds owned by those rich people are not of the same grade at all.
After doing this, Zhao Chen immediately returned to the world comic company and began to continue working, anyway, the company was taken care of by Shangguan Xiaobao, he didn't have to worry about it at all, he just needed to contain the identity of a cartoonist, the standard hands-off shopkeeper.
"Zhao Chen, there is a young man named Pan Disheng looking for you!"
When Zhao Chen was immersed in work, Shangguan Xiaobao entered the office and said something that made Zhao Chen stunned.
"Pan Disheng, okay, I know, you ask him to wait in the living room first, remember to be polite!"
Zhao Chen quickly restrained the expression on his face, but he was a little excited in his heart, and he vaguely understood Pan Disheng's intention to come here.
"Then I'll go and entertain first!" Shangguan Xiaobao was a little puzzled in his heart, but he didn't say anything, and he often understood him well during this time, not to see that Zhao Chen was still young, but he was quite shrewd. If there were no interests, the latter sentence would not be said at all.
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