242 Tripartite talks
This trip is just to dry Yihe for a while, but there is no need for the Chen family to float on the sea for half a month.
After a short turn, the cruise ship came to Wanwan, and took a family out to travel, and the most convenient thing was naturally Wanwan, which had a similar language.
Such a large cruise ship naturally needs to go through the entry process, and a group of leaders of Kaohsiung City, who got the news, have already come to the port to welcome them.
Wanwan, at present, the same as the mainland in the 90s, is in urgent need of foreign investment, as Chen Zhiwen, to Wanwan anywhere will be treated very high-level, if the 90s, General Electric, Siemens, or several major automobile giants CEO to visit a city in the mainland, the local government can ignore it?
Although the main purpose of coming here is not investment, under the polite hospitality, Chen Zhiwen still promised that he would let Red Bull come to Wanwan to build a very cola factory, which can solve the problem of expensive water bills in Hong Kong and enter the Wanwan market.
Moreover, in the future, its main production base will be in the mainland, but if it involves sensitive technology, Wanwan is the best choice.
After getting the investment, Kaohsiung city officials did not continue to bother, and let the Chen family play in Wanwan for about ten days.
Although far away from Hong Kong, with a satellite phone, Chen Zhiwen also knows what happens in Hong Kong every day.
Since Jardine announced that it would not give up defending Wharf and HSBC announced that it would help Jardine Matheson, Wharf's stock rose directly to 60 Hong Kong dollars, and the next day, Jardine Matheson Group did not move, and the stock price began to fall to 55 Hong Kong dollars, and there was no movement on the third day, the market was full of doubts all of a sudden, and the stock price quickly fell below 50 Hong Kong dollars, falling vertically.
On the Galaxy side, there has been no movement, and the table set up at the Hong Kong Stock Exchange is still 40 Hong Kong dollars, which makes people even more worried.
Fortunately, on the fourth day, Jardine Matheson Group also began to use funds to sweep the market, but as soon as the news came out, the share price of Wharf rose again to exceed 50 Hong Kong dollars, and the market suddenly regained its passion.
Just a few days later, the stock price has not been significantly raised, experienced people can quickly analyze that it is because there is no big capital to go down, most of them are relying on the shareholders' own funds to maintain a high stock price, so some funds began to withdraw, and the stock price began to fall again, but when it was almost 40, there were funds to start acquiring, so the stock price ticked again.
After a few cycles, Wharf's share price remained around HK$40-45.
"Sure enough, as we guessed, Jardine Matheson is rich, but he is reluctant to use it to buy a large number of Wharf shares." After returning to Hong Kong, Chen Zhiwen said with a smile after listening to a more complete report.
"The price of 45 Hong Kong dollars is unbearable, unless you are willing to spend a billion, otherwise you can't win us at all, but if you really spend so much money, Wharf's stock price is estimated to have to double." Zhou Jiayang said with a smile.
"Can you roughly calculate how much Jardine has spent in the past half a month?" Chen Zhiwen asked.
"It is estimated that 1-150 million Hong Kong dollars, although they deduct the rope, but it is not so easy to maintain the stock price from falling to 40, and it is not possible to spend real money." Zhou Jiayang said.
"What about Hongkong Land's stock?" Chen Zhiwen asked again.
"We have acquired a total of 12.3% of the shares, mainly through the previous release of false news, the result of suppressing the stock price, but now Jardine Matheson's strategy has become obvious, it seems that it cannot be supported, which has led many people to feel that Hongkong Land will not take on additional debt, Hongkong Land's share price has rebounded, and our acquisition can only be suspended." Zhou Jiayang said.
"You don't have to stop, just continue to use multiple accounts directly, just make acquisitions, no matter what Wharf is like, don't stop the acquisition of Hongkong Land shares." Chen Zhiwen thought for a while and said: "In addition, let's make an appointment with Shen Bi, let's just say that I have come back from traveling and can meet, so it will be set in three days." ”
"Okay, then I'll arrange it." Zhou Jiayang said.
Three days later, it was still the Peninsula Hotel proposed by Shen Bi before.
Chen Zhiwen took Zhou Jiayang and Xu Jinhong together, Shen Bi took Dies, and Niu Bijian took Bao Fuda, and all three parties came to the presidential suite where they met.
"Mr. Shen Bi, I'm sorry, the last time you asked me, it happened to coincide with my vacation time with my family, you also know that in British culture, vacation is very important, and I also attach great importance to this in Hong Kong, so I couldn't come last time, and after returning to Hong Kong, I asked you out as soon as possible." Chen Zhiwen saw Shen Bi, whose face was a little unkind, and said with a smile.
"Also, it's the family that spends time with you on vacation." Shen Bi's eyelids twitched, you Chinese are all workaholics, even the boss is no exception, when you have something to meet, you attach importance to vacation?
But everyone knows that this is a step, especially if it also uses the steps of British culture, and he can only sit down this step.
"Mr. New Bijian, long time no see." Chen Zhiwen smiled at Niu Bijian again.
"yes, long time no see." Niu Bijian looked at the Chinese in front of him very unhappy, but he could only endure it, now is not ten years ago, Hong Kong's Chinese capital is getting stronger and stronger, especially the people in front of him, even if he doesn't like each other in his heart, he has to admit that Chen Zhiwen has the ability to wrestle with British capital, and from the current situation, he is still at a disadvantage.
"Sit down, everybody." Shen Bi greeted: "What has happened recently has affected the normal development of Hong Kong's economy, and Governor MacLehose has also asked me about this matter. ”
"Mr. Shen Bi is too careful, the stocks I buy are paid by cash checks, anyone who gets their hands can immediately go to the nearby Standard Chartered Bank to exchange for cash, if it weren't for the Hong Kong Stock Exchange not allowing more than one million in cash, I would have come with cash." Chen Zhiwen glanced at Niu Bijian and said with a smile: "In terms of popularity and reputation, I can't compare to Land, and I can exchange shares of other companies just by relying on stock certificates." ”
"Hmph." Niu Bijian snorted coldly, and Bao Fuda behind him also had a bad face.
Chen Zhiwen is satirizing Hongkong Land, in the acquisition war of Hongkong Land drinking milk five years ago, Hongkong Land once proposed a strategy of exchanging shares for shares, which is not a problem in itself, but Hongkong Land did not directly issue shares, but issued a stock certificate, which can be exchanged for the corresponding share of shares after three months.
As a result, within three months after the completion of the acquisition, the real estate crisis and the stock market crisis broke out, and the stock price of Hongkong Land came to a naked cut, and how many shareholders suffered heavy losses.
Shen Bi said: "Okay, let's get down to business, Chen Sheng, Wharf is one of the core assets of Jardine Matheson, you want to acquire, and Niu Bijian wants to keep it, so let's discuss it here today, Chen Sheng, what kind of conditions do you want before you are willing to give up the acquisition of Wharf?" ”
"When Hongkong Land was about to buy the dairy company, Sir Zhou Xinian should have asked this question, right? I don't know how you answered back then? Chen Zhiwen asked playfully.
"When that incident happened, I was not a senior class of Jardine Matheson, and Bao Fuda was not a senior class of Land." Niu Bijian easily shook the pot away.
"There's no need to mention what happened back then." Shen Bi said: "Today I will ask both of them out, just to avoid the recurrence of the situation of the year, even if there is no share for shares, but if both of you are competing in the stock market, it will only pull up the stock price, and you will buy high shares from shareholders or some speculators at a higher price, and in the end, no matter who wins or loses, both of you will have to pay hundreds of millions of funds."
If you think that's acceptable, there's no need to talk about it today. ”
"Okay, since that's the case, then I'll say, Wharf, I'm bound to win." Chen Zhiwen said lightly: "This company holds a large amount of high-quality land, but it loses money every year in your hands, and the entire stock price is less than one billion Hong Kong dollars, which is simply a violent thing, and the shareholders of Wharf have encountered management like you, but they are really unlucky, except for me, even Li Jiacheng has also discovered this goal, Niu Bijian, there are some things, since you are not able to master them, it is better not to master them." ”
"If you want to acquire, don't take the interests of shareholders as a reason, you might as well be direct." Niu Bijian said.
"You don't like to hear it, but shareholders like to hear it." Chen Zhiwen smiled and said.
Hearing this, Niu Bijian changed color and said, "You want to hold a shareholders' meeting?" ”
"I am the largest shareholder of Wharf, and I have the right to hold a general meeting of shareholders for the benefit of all shareholders." Chen Zhiwen shrugged and said, "However, if you take the initiative to let go today, then you don't have to." ”
"Dreaming." Niu Bijian said.
"Okay, there's no need for you to talk about it if you go on like this." Shen Bi said again: "Chen Sheng, if you buy land and exchange their properties in Hong Kong for the Wharf shares in your hand, are you willing?" ”
"What? Is Hongkong Land ready to sell its Central Tower? Chen Zhiwen looked at Bao Fuda and asked with a smile.
"The Golden Gate Building, the Prince Building in Central, and the Windsor House in Tsim Sha Tsui, Kowloon, can all be traded, or some of the land used to be used by the Dairy Farm in the Pok Floating Forest." Bao Fuda said with a grim face.
"These buildings are really good, but they are still a little worse than Wharf." Chen Zhiwen said lightly.
"Chen Sheng, you're not kidding, the value of the two Central buildings, plus other properties, was enough to exceed half of the market value of Wharf before Li Jiacheng stirred up Wharf stocks, and now we are already very sincere in exchanging this." Niu Bijian said with a frown.
"Central is really attractive, but for me, it's not as good as a big real estate company." Chen Zhiwen shook his head and said: "Actually, I don't think you need to increase the size, even if you take the Recreation Building out, I don't want to exchange." ”
Before Harbour City opened, the whole of Hong Kong, including Jardine Matheson insiders, even if they were optimistic about the project, their estimates of him were far less than its actual value in the future, not to mention that outside of Harbour City, Wharf also had a large number of properties, and the most famous Times Square in Hong Kong was built on the land of Wharf.
"Then there's nothing to talk about?" Niu Bijian said coldly.
"Not really." Chen Zhiwen smiled and said: "Niu Bijian, now I have 40% of the shares in my hands, and you are just a shareholder meeting away from losing control of Wharf, so in order to avoid embarrassment, I can buy 10% of your shares for 30 Hong Kong dollars per share." ”
"HK$30? Isn't it 40? Niu Bijian was stunned and said.
"On the side of the Hong Kong Stock Exchange, the current price is 30, which has dropped." Chen Zhiwen said lightly: "If the buyers on the stock market are not strong, of course I will reduce the price." ”
"You" Niu Bijian clenched his fists, he spent more than 100 million Hong Kong dollars to slowly maintain the stock price, originally wanted to wait until he met with Chen Zhiwen, and then traded with him to replace Wharf shares with Central Building, this transaction originally they also thought that there would be no problem, at most it was a price problem, after all, the future of Wharf is always uncertain, and Central Building is a real wealth, but I can't imagine that he will not let go at all.
But in this way, Jardine Matheson is in an embarrassing situation again, whether to maintain it or not, if it is not maintained, it is losing, and it is impossible to maintain itself.
Chen Zhiwen's price reduction, although on the surface it seems that Jardine's capital investment can be less, but this is also a signal to the market, that is, Jardine Matheson is not good, after all, if the acquirer is strong, the stock price is impossible to fall.
"Mr. Shen Bi, I think I am going to hold a shareholders' meeting in ten days, and HSBC should decide carefully what to do." Chen Zhiwen looked at Shen Bi and asked, although he felt that it was unlikely that Jardine would really fight with him, but if it really happened, he would still have a headache, and he might spend hundreds of millions more, and no one would be happy, and the foundation of this possibility was Shen Bi.
"Okay, I see." Shen Bi nodded and said.
"Then take your leave, let's think about it." Chen Zhiwen left after saying goodbye, and there were only four ghosts left in the room.
Shen Bi glanced at the solemn look of Niu Bijian, and said: "It doesn't work to exchange the shares of Wharf with the Central Building, so what should you do next?" Judging from the current situation, you have little chance unless you are really prepared to spend about a billion Hong Kong dollars in cash to fight him in the stock market. ”
"Even with a billion Hong Kong dollars in cash, what do you think are the odds of us winning?" ”
"It's very low, Chen Zhiwen will definitely not give up, he has more stocks in his hands." Shen Bi shook his head and said: "In the past few years, you Jardine Matheson has been unwilling to sell other properties in the hands of Wharf, or cooperate with Chinese-funded real estate companies to develop them, and you have to carry out equity financing in the stock market, diluting your own Wharf shares to less than 10%, and I have reminded you many times.
If this is a normal situation, no one dares to touch you, naturally there is no risk, but Chen Zhiwen has already acquired Hutchison in advance, you still use this method, let him seize the opportunity, and now he is bitten by the wolf on the thigh, it is difficult to let him go. ”
"After Chen Zhiwen acquired Hutchison, we have appropriately increased Wharf's shares, and most of Wharf's financing was before he acquired Hutchison, after Chen Zhiwen broke out 35% of the shares, I checked back the financing records of the past few years, in fact, since the end of 73, Wharf's every share increase financing, very smooth, smooth to the time we were a little strange, but I didn't think too much at the time, now look back and check, only to determine that this is abnormal." Niu Bijian said coldly.
Shen Bi was stunned for a moment and said, "You mean, in 73, Chen Zhiwen began to prepare to acquire Wharf?" ”
"In 73 years, Chen Zhiwen's Red Bull has just started, right? He shouldn't have that much money, right? Diess on the side was also surprised and said that they knew the most about Chen Zhiwen's development process.
"If that's the case, it should be that he still has a lot of money elsewhere, and since '73, he has been secretly buying shares in Wharf." Shen Bi thought for a while and said: "This makes sense, I have always wondered where the funds he invested in the United States came from, and he invested a lot of money in the acquisition of Hutchison and the privatization of Whampoa, which has a big problem with the scale of his existing industry." ”
"That's how it should be, it's just that in '73, where did he get so much money?" Diess couldn't figure it out and said, from their approximate speculation, it would take at least two or three billion Hong Kong dollars, and two or three billion in 73 years was almost half of HSBC's profit for half a year, and it happened to be an economic crisis at that time, and there were probably few companies in Hong Kong that could come up with this money.
"It doesn't matter, what if you know? Definitely legal, not legal and impossible to make so much money. Shen Bi shook his head and said: "In this way, as early as a few years ago, Chen Zhiwen had already calculated Jardine Matheson, Hutchison and even HSBC, and in today's situation, he may not have known what would happen a few years ago, but he was already preparing." ”
"It's really big to play, so I'm really not afraid of a wrong move?" Niu Bijian said with a frown.
"If you are wrong, you should invest in it, and it is estimated that you will not lose money." Shen Bi said.
"I need to talk to the people of the Keswick family before deciding what to do next."
(End of chapter)