Chapter 6: Famous Battles
In the middle of summer, the weather is so hot that even dragonflies dare to fly close to the shade of trees, as if they are afraid that the sun will hurt their wings.
As soon as you walk out of the door of the building where the Oriental Daily is located, there is a sense of both ice and fire.
Looking up at the blue sky, the sun was like a fireball, and the clouds in the sky seemed to have been burned and disappeared without a trace.
Chen Xiaofeng could only hurriedly find a taxi to sit in and lower the temperature of his arm, which had just been scorched in the sun.
"Where are you going?"
"Kowloon Stock Exchange."
After Chen Xiaofeng finished speaking, he closed his eyes and thought about it, how to operate the stock in a while, he can only take out 120,000 now.
When I came to the Kowloon Stock Exchange, it was still very lively, and the stock market in Heung Kong had recovered from the last financial crisis.
And the current struggle for Wharf continues, but it is almost over.
The most famous and classic business in the history of Hong Kong securities is the Wharf takeover and anti-takeover war, which even people who have not played stocks decades later may still have heard of it.
It has been asserted that whoever owns Wharf will control most of the cargo handling, storage and transportation and cross-sea ferries in Hong Kong.
It is true that Wharf's industries include most of the wharves and warehouses on Tsim Sha Tsui, the New Territories and Hong Kong Island in Kowloon, as well as hotels, buildings, trams and other high-quality industries.
Wharf's abundant resources make all businessmen on Hong Kong Island salivate.
Beginning in 1978, Li Jiacheng absorbed a large number of Wharf shares in the shadows.
Li Ka-shing has repeatedly imagined that if he were in charge of the real estate development of the old Wharf site, he would never be in such a predicament.
In fact, Li Jiacheng's real fortune depends on the real estate stock market, and the reason why he is optimistic about Wharf's stock is precisely because the group's poor management has caused the stock price to be low.
Li Ka-shing, who is good at real estate stocks, made a small calculation: at the end of 1977 and the beginning of 1978, the stock price of the Wharf stock market was between HK$13 and HK$14.
Wharf has issued less than 100 million shares, which means that the total market value of its shares is less than HK$1.4 billion.
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$6,000-7,000 per square foot at the auction price in the same area at that time.
If the site of the former Wharf is properly developed, it is worth a lot of money, even if it is 5 times higher than the current price, it is still cost-effective to buy the Wharf shares.
After full argumentation, Li Jiacheng remained quiet and bought about 20 million shares of Jiucang shares held by retail investors.
However, under the maneuvering of HSBC, Li Jiacheng finally stopped the acquisition.
However, the rain and winds returned, and another heavyweight joined the fray.
Sir Bao, the king of ships, also wanted to go ashore, so he heard the wind and moved.
The result was that Li Jiacheng became the king of the ship, and then caused a sensational Battle of Wharf.
According to the records of the Gibson Shipbrokers in 1977, the world's top ten ship kings were ranked first, and Pao Yugang sat firmly in the first place.
The charter king started to reduce the ship and land, not on the spur of the moment.
The oil crisis of 1973 prompted the United Kingdom to develop North Sea oil fields, the United States to redevelop domestic oil fields, and at the same time, oil fields in Asia and Latin America were put into production one after another.
In this way, the world's dependence on Middle Eastern oil will be reduced, and by the late 70s of the 20th century, more and more tankers will be idle.
Oil tankers are the main force of Bao's fleet, and Bao's idle oil tankers are associated with the world's shipbuilding boom, indicating that an unprecedented shipping downturn will come.
The "prescient" Bao is ready to cash in new industries, and he is targeting the most attractive real estate prospects among the various industries in Hong Kong.
One afternoon at the end of August 1978, the two Chinese businessmen met in a secluded Accord at the Mandarin Hotel in Central.
One is Li Jiacheng, the future king of the land with the style of a scholar, and the other is the king of the landing ship full of Shanghai-style style.
Ironically, the Mandarin Hotel is the property of Jardine Matheson, but now, two Chinese businessmen are sitting in the Jardine Matheson Hotel and plotting the future and fate of the "Jardine Wings" Wharf.
The charter king wanted to reduce the ship to land, but there was no way, and when he aimed at Wharf, he found that Li Ka-shing had already landed first.
In the end, it was Li Chaoren who took the money and left, and the charter boat king successfully went ashore and occupied Wharf.
Therefore, there is no need for Chen Xiaofeng to take this boat to make money now.
Chen Xiaofeng came to the counter and asked the staff to help him handle the securities account.
"Sir, which stock do you want to buy after the account is completed?"
Hearing the staff's words, Chen Xiaofeng took the 120,000 yuan that had been prepared earlier, and said to the staff with a smile: "Buy all Hutchison Whampoa,"
Chen Xiaofeng knows that hundreds of thousands of dollars are insignificant for a stock, so it is good to buy it directly.
Wharf is almost over, and the next thing is Hutchison Whampoa, Chen Xiaofeng just wants to make some money this time to start the industry he is familiar with.
After finishing this, Chen Xiaofeng did not stay any longer, but went home directly for lunch.
This time, Chen Xiaofeng planned to cook by himself, but he was really tired of eating out every day, so he wanted to make it himself.
It was almost twelve o'clock at noon when he returned home, Chen Xiaofeng did not go directly into the kitchen to cook, but first called and invited Lin Zishen to come over and eat together.
After all, Lin Zishen is Chen Xiaofeng's only friend in Xiangjiang now, and he hasn't seen him for a while.
"Duh... Duh..."
After a while, someone answered the phone.
"Hey, whoever."
"Brother Lin, it's me, Feng Zai, did you eat at noon?"
"Fengzai, not yet, is there something wrong?"
"Are you busy, come and eat together."
"It's okay now, do you want to go to that tea restaurant?"
"No, just come to my house and bring a bottle of red wine."
"Okay, I'll take the car over."
"I'll wait for you!"
After hanging up the phone, Chen Xiaofeng went into the kitchen and started cooking.
Chen Xiaofeng had just made two dishes, and Lin Zishen could get to the door of the house, so he could only go out and open the door first.
"Brother Lin, you sit down first, there are still two dishes left, and you can eat them immediately."
"You've done it! No idea cooking you will too. ”
"It's average, just barely edible."
"Then you go ahead and do it first! I'll go and get the wine open first. ”
“OK”
After Chen Xiaofeng finished speaking, he went back to the kitchen and continued to do it.
It didn't take long for the remaining two dishes to be ready.
Chen Xiaofeng took out all the prepared dishes and put them on the table.
After seeing the dishes, Lin Zishen couldn't help but sigh: "Hey, the quality is good!" ”
"It's okay, just four dishes, steamed pork ribs with garlic, braised tilapia, salt-and-pepper prawns and stir-fried vegetables."
Chen Xiaofeng showed off a little and said a little proudly.
"It's okay, enough to eat."
"Let's go!"
After Chen Xiaofeng finished speaking, he sandwiched a piece of pork ribs, nodded after eating, and then raised his red wine glass.
"Come, Cheers!"