Chapter 266, Wharf, I

"How can I not continue to contact, now I have finally got in touch with the mainland, the construction site has already begun, it is impossible to stop work, and through this turmoil, it is estimated that the connection between me and the mainland will be closer, but, as before, I just want to make money, not thinking about politics, even if I have gained sympathy and goodwill from that side through this incident."

"Of course, I also thank Brother Ma, at least I won't be so high-profile in the future, it's better to make a fortune secretly behind my back." Lei Weidong said on the phone.

"Lei Shao, it's best if you think like this! After all, the British government in Hong Kong needs face. Shen Bi nodded in agreement, "You must know that in Hong Kong, the competition between the three parties is mixed, and even our HSBC bank is surviving in the cracks." ”

"I've been taught." Lei Weidong nodded and said, "However, Mr. Shen won't call this time just for this little thing!" Is there any business to make a fortune to me? ”

"Now there is indeed a good project! I just don't know if Lei Shao is interested! Shen Bi smiled and said, "I don't know if you are interested in Wharf?" ”

Wharf takeover! When Shen Bi mentioned Wharf, Lei Weidong immediately remembered this famous acquisition in Hong Kong.

In the early 70's, Wharf was a large number of new shares issued by Jardine Matheson in response to a number of large-scale acquisitions and development projects, which resulted in a decline in the stake of Hongkong Land, the majority shareholder, and an extremely low share price of Wharf. At the beginning of the 70s, Hongkong Land owned only about 10% of Wharf's shares, and Wharf's share price hovered between HK$12 and HK$13.

Wharf issued less than 100 million shares, which means that the total market value of its shares is only about HK$1.3 billion, but Wharf is located in the most prosperous prime area of Kowloon, and the actual value of Wharf shares should be HK$50 per share based on the hammer price of HK$600-700 per square foot at the auction price of the same district in 78.

Moreover, if the site of the old Wharf site is reasonably developed, the value is even more expensive, so the market value of Wharf's stock is much lower than its actual value, which can be described as a big piece of fat.

Therefore, Li Chaoren at that time approved that even if it was five times higher than the current price to buy Wharf shares, it was cost-effective, so he bought a large number of Wharf shares, resulting in a sharp rise in Wharf shares, and by March 1978, Wharf's stock price had soared to an all-time high of 46 yuan per share, which was quite close to the actual valuation of Wharf per share.

At this time, Li Chaoren held less than 20 million shares of Wharf, and he had to wait for the stock price to fall back and increase the Wharf to 18% at a slightly lower price, which was almost the same as the amount of shares in the hands of Jardine Matheson.

However, at this time, Jardine Matheson turned to HSBC for help, so that HSBC intervened, and Li Chaoren did not want to offend HSBC, and because of the lack of funds in his hands, Li Chaoren withdrew from the acquisition war.

Under the coordination of HSBC, in August 78, Li Chaoren took the initiative to sell Wharf shares to the ship king Bao Tycoon, and Bao Tycoon assisted Li Chaoren to undertake the shares of HSBC Hutchison Whampoa.

Subsequently, Hongkong Land and Bao Tycoon launched a takeover war, which led to Wharf's stock getting higher and higher, and by 1980 Wharf's shares had reached 70 yuan per share.

In June 1980, under the arrangement of the chairman of the board of directors of Jardine Matheson, Jardine Matheson drafted an advertising subscription letter, which stated that Jardine Matheson was willing to exchange HK$12.2 for Hongkong Land shares and a mortgage bond with a face value of HK$75.6, totaling nearly HK$100, and sent several copies of this advertising subscription to the major authoritative media in Hong Kong, requiring it to be published on the main pages at the same time.

Such a large increase in Wharf shares suddenly made many retail people who held Wharf shares sell Wharf shares one after another, which made the Wharf shares owned by Hongkong Land rise rapidly.

On the surface, Jardine Matheson has spared no expense and vowed to fight to the death with Bao Tycoon. And if Bao Tycoon wants to fight, he must bet all his net worth, but he doesn't know that this is Jardine's conspiracy at all.

This is the most powerful move played by Jardine Matheson, that is, to grasp the psychology of Bao Tycoon wanting to go ashore, so that Bao Tycoon does not have much time to think about the pros and cons.

What's more, the announcement came as Jardine Matheson seized the opportunity of Pao's departure from port, when Pao was in Europe for an independent tanker owners' meeting and was preparing to meet with the Mexican president next Monday.

It can be said that Jardine Matheson carried out a surprise attack, ostensibly to attack it unprepared, hoping to kill the tycoon of Bao without being able to take advantage of it, but it was actually a plan to attack the heart.

One is to cover up the real purpose of Hongkong Land's sale of Wharf, and the other is to provoke Bao Tycoon, intentionally or unintentionally.

It is necessary to know that Bao Tycoon's hometown is the magic capital, and the people of the magic capital love face, and the purchase of the Wharf is the first shot of Bao Tycoon's landing.

Jardine Matheson sent a timely anti-purchase message to the media on Friday and instructed the media to announce it early on Saturday morning.

But privately, he sent someone to secretly leak the acquisition plan to the members of the board of directors of Wharf, including Wu Guangzheng, the son-in-law of Bao Daheng, the purpose of which was to "deliberately" entrust Wu Guangzheng to convey to Bao Dazheng who was far away in Europe, so that Bao Daheng could quickly return to Xiangjiang to coordinate the overall situation.

The time given to Jardine to Bao Tycoon was urgent, because Saturday and Sunday were closed days, and the time given to Bao Tycoon was very limited, which meant that Bao Tycoon fell into a trap carefully set by Jardine Matheson.

Jardine's actions made Bao Tycoon have to set off immediately and go to London to meet the "God of Wealth" - Shen Bi, the general manager of HSBC, and propose a cash loan of 1.5 billion yuan to him, because Bao Tycoon has maintained a good bank reputation over the years, so Shen Bi made a decision on the spot and agreed!

Bao Tycoon, who has always been more cautious, then contacted several other financial institutions, and they also gave Bao Yugang a "reassurance" to agree to borrow, and as soon as the funds were implemented, Bao Tycoon immediately notified Wu Guangzheng and immediately contacted lawyers and financial advisors to discuss the acquisition plan.

He then booked two first-class tickets from Zurich to Xiangjiang, and he himself booked a ticket to Zurich, Switzerland, with British Airways.

Bao Daheng knew in his heart that if he flew directly from London to Hong Kong, he would definitely not be able to escape the eyes and ears of Jardine Matheson, which would arouse their vigilance. Therefore, he had to pretend to act according to the plan, wait until he arrived in Zurich, and then quietly transfer to the flight scheduled by Wu Guangzheng.

Genius to remember the address of this site in a second:. Sogou mobile version reading website: