280 HK Electric takeover war

After all, it is the five businesses that Li Jiacheng finally chose with his life's experience, and it has been confirmed that it can succeed, the only telecommunications business has not yet reached the time, and the other few can be prepared for layout, and the current Hutchison is far more than the original history in terms of capital scale, and over time, it will inevitably become a larger business giant.

As for Galaxy Real Estate, although it is his own son, it is not as good as Hutchison in many aspects, and the future development direction may be more inclined to choose the right person to invest, as long as the vision is in place, the ability to benefit is actually not lower than his own investment, but the relative influence is much weaker.

February 15, 1980, Chinese New Year's Eve:

"Come, big brother, this is Australian lobster meat, very delicious, you taste it, Wen Jun also tastes it." In the restaurant of the Chen family's villa, the two Chen families celebrated the Spring Festival together in the first year.

"For so many years in China, let alone such a big lobster, it is the size of a palm, and it is all used for export." Chen Tianshou said with a smile.

"Eat more, then." Chen Zhiwen said with a smile: "There are many places to play in Hong Kong, uncle, you have to stay here for a while." ”

Wu Xiuling asked, "How long can my eldest brother stay here in Hong Kong?" ”

"Half a month, anyway, I'm just about to be transferred to Yanjing, so it's not too much." Chen Tianshou said.

"Big brother, haven't you decided what position you are in Yanjing now?" Chen Tianfu asked.

"It should still be the same as before, taking care of agriculture and planting, but I may have to go to other places often in the future." Chen Tianshou said with a smile: "I can go to all parts of the country to see." It's also very good, it's been my dream for half my life. ”

"That's fine, agriculture is the foundation of the country, I think when we were young, we really relied on those few acres of land." Chen Tianfu said with a smile.

"Uncle, where do you live now?" Chen Zhiwen asked.

"Now it's still a place to live in the bureau arranged, there are too many people there, I plan to buy a house in Yanjing, so that it will be more convenient in the future." Chen Tianshou said.

"That's fine, I'll go to my uncle's house when the time comes, Xinhua News Agency has organized a visit to Yanjing by political and business people from Hong Kong, and it is estimated that it will be at the end of March or early April." Chen Zhiwen said with a smile.

It has been more than a year since the reopening of the country, and now it has begun to enter a state of need for foreign investment, and Hong Kong businessmen are naturally the top priority to strive for.

"That's good, I'll take you to Yanjing to play when the time comes." Chen Tianshou said with a smile.

February 25, 1980, the first Monday after the Spring Festival holiday.

Hutchison Building, the stock exchange, countless workers officially entered their jobs, and countless professional shareholders wandered within the scope of the stock exchange, or contacted by phone from the outside.

In the past two years, with the Hang Seng Index hitting new highs, many people who speculate in stocks have made a lot of money, which naturally makes countless people working in the stock exchange red, but their positions limit them from speculating in stocks, so even if they resign from the iron rice bowl, many people decide to gamble, which has led to a shortage of personnel in the stock exchange.

Cao Dafeng is one of them, two years ago he gave up a high-quality government iron job, was not understood by the whole family, and quarreled a few times because of it, but as he made hundreds of thousands of Hong Kong dollars in the stock market, after buying 3 houses in Taikoo Shing and Whampoa Gardens, the family is much more harmonious. This also made him go all out to invest in the stock business, and finance is the most profitable.

In the noise, suddenly, a bigger wave suppressed everything, Cao Dafeng looked up, many people were gathered in front of the railing, desperately shouting loudly, he was stunned in his heart, this feeling, just like when Wharf was acquired before.

"Brother, what's wrong?" Cao Dafeng walked into the crowded crowd and found a stockmate who had dealt with him a few times before and asked.

"I don't know, this morning, HK Electric's stock began to rise all the way, this time, it has risen from 3.8 yuan to 4.1, and it is still rising, it seems that there is big capital in the acquisition of HK Electric shares." The person questioned replied.

"3 cents?" Cao Dafeng was shocked, it rose by about 10% a day, but it was no big deal, many stocks are like this, but this will only be opened for less than an hour, and it has risen so much, plus HK Electric's stock is not an ordinary small company stock, it is one of the top ten listed companies in Hong Kong, such a large market, under normal circumstances, it is a big problem to fluctuate by 5% a day.

"Do you want to follow? Go to the queue with you? Said the person on the other side.

"No, I'm going to wait." Cao Dafeng looked at the group of people who crowded over and wanted to queue up to buy HK Electric shares, and there was a trace of uncertainty in his heart, with his past experience, even if there is a large capital to buy a company's shares, it is impossible to continue to blindly acquire like this, the most common way is to acquire to a certain extent, and after a bunch of people follow suit, they will immediately sell at a high price and make a profit.

"You're so stupid, you don't want any money." After saying that, the person on the other side left directly.

Cao Dafeng doesn't care about other people's opinions, he is even more careful about this sudden wealth opportunity, the bigger the pie, the bigger the trap may be.

Watching the crowd crowd squeeze in to buy stocks, Cao Dafeng was outside watching the stock rise, and after two hours, he found a trace of abnormality, because although the stock of HK Electric was still rising, the increase began to decline.

According to the normal logic analysis, if the buyers behind the stock increase are still buying stocks, coupled with the fact that these shareholders are now crazy to start plus countless telephone remote operation capital, the stock price should rise even higher, but if it slows down, it means that someone has made fewer acquisitions or even made a move at a high level.

At noon, the stock price came to a standstill, and at this time, everyone reacted, and immediately a bunch of people returned to the original position to buy the stock and queued up, just to sell the stock in their hand again.

In the afternoon, in the VIP member room above the Hong Kong Stock Exchange:

"When the stock rises, I immediately rush to buy, and when the stock falls a little, I immediately rush to sell, I don't know that it is because of their behavior that the stock price rises and falls, and I want to play speculation, and I don't even have this determination." Chen Zhiwen sighed and said, after this wave of operations, his side can collect more stocks from the stock market, and the loss is naturally the group of people below and the investors who have been notified by so many calls, but these are also speculative, cutting these leeks, he is at ease, after all, this group of people themselves is also thinking about cutting others.

"If they are so shrewd, then they are not small shareholders, the stock market has been born for decades now, and it is estimated that after a few decades, these people will still be the same." Zhou Jiayang behind him said with a smile.

"That's just as well." Chen Zhiwen nodded, people in the 21st century, even if there is the Internet, can find a lot of information, but they are still so impulsive, at the peak of the A-share bull market in 08, I don't know how many people are still holding their family property to jump in.

"Chen Sheng, in today's operation, we have 0.7% more stocks in our hands, and now we have 27.8% of HK Electric shares in our hands." Xu Jinhong on the side said.

"Then according to the plan, we will directly purchase at a premium of 20% and buy it in cash on the spot, but don't announce how many shares we have in our hands first, buy it first, at most we will claim that we only have 34.9% at that time." Chen Zhiwen nodded and said.

Although it is a bit difficult to transfer out so many dollars earned in the United States, some of them are still very easy, as long as the money is in place, several major investment banks can do it very easily, and in more than a month, in addition to the principal, more than 300 million US dollars have returned to Hong Kong.

With so much money and no more high-return financial opportunities in the short term, it's natural to invest money in company acquisitions.

"Okay, then I'm ready to release the news immediately." Xu Jinhong said with a smile on his face.

In the afternoon of the same day, a blockbuster news shocked the entire Hong Kong financial circle: Galaxy Group and Hutchison Whampoa Group formed a joint consortium to acquire HK Electric's shares at a cash price of 4.5 Hong Kong dollars per share.

When the information came out, the whole Hong Kong was shocked!

HK Electric Group is the second largest power company in Heung Kong, monopolizing the power supply of Heung Kong Island, and owning a large number of high-quality land, although the scale is not comparable to the four major foreign companies such as Hutchison Whampoa, but because of its stable profits, the total market value is 3 billion to 4 billion Hong Kong dollars, and it is one of the top 10 largest companies in Hong Kong by market capitalization.

The market reaction was even more violent, with HK Electric's shares immediately rising 25% to HK$4.8 per share, above the purchase price announced by Galaxy Group.

Countless shareholders are even more crazy about it, Cao Dafeng is relieved, he fell to the previous normal price at noon, when the stock price of HK Electric fell to the previous normal price, down a heavy hand, now it seems that it is a blood to make a fortune, but a few W's are stable.

Connaught Building:

"As I predicted, Chan will not be satisfied with just buying Hutchison and Wharf, and now he has really done it to HK Electric." When he received the news, he was a little surprised, but then calmed down.

"HK Electric is indeed the best target to start with, the income of the power group is stable every year, and it is a little worse during the oil crisis in the past two years, and so many high-quality real estate under HK Electric are also eye-catching, especially when HK Electric's power plant on Hong Kong Island moves to Lamma Island, the land left behind is worth at least 2 billion, if I have money, I also want to buy it." Landmark Taipan Bao Fuda shook his head with some pity and said.

"I think it's a good opportunity now." Niu Bijian said with a smile.

"We're also going to be involved in acquisitions? Competing with Chan Chi-man for HK Electric? Bao Fuda said in a daze, if Niu Bijian was his subordinate, he would probably scold the other party, his own Wharf had lost before, and now he is robbing another company with others?

"Yes, I actually took a fancy to HK Electric before, but the scale of HK Electric is too large, and if we want to acquire, we have to prepare at least 2 billion Hong Kong dollars of funds or credit, which is too much pressure for us, so I have been waiting for an opportunity all along, because HK Electric's shares have been falling during this time, and the value of Hongkong Land's shares and so many of our properties has been rising, as long as it reaches a certain level, we have enough credit." Niu Bijian explained.

"It's right to think this way, although HK Electric has a lot of high-quality land, but a lot of land cannot be developed in the next two or three years, coupled with the soaring energy prices caused by the oil crisis, if Hong Kong's housing prices rise a little more, we can indeed give it a try." Bao Fuda nodded and said: "But now is not the time, Chen Zhiwen has made another move, if we intervene, it will cause the stock price of HK Electric to rise sharply, and we don't even have a stock in our hands now, and the funds are not enough." ”

"In normal times, it would be difficult for us to buy, but now it's different." Niu Bijian smiled and said, "Do you think we don't want Chen Zhiwen to buy HK Electric again in Hong Kong?" Who else wants HK Electric to become Chan Chi-man more than us? ”

"You mean, Shen Bi?" Bao Fuda said that the last Wharf incident, in addition to the loss of Wharf Matheson, also made HSBC lose a little face, and for HSBC, it is intolerable for any local consortium to surpass HSBC in size, or have this potential.

In the past, HSBC's biggest potential opponent was Hang Seng Bank, and then HSBC took advantage of the banking crisis in the 60s to acquire and control Hang Seng, and then the entire Jardine Matheson system, the two sides have been fighting in secret for more than ten years, and no one can help anyone, and now, the biggest threat to HSBC is naturally Chen Zhiwen, and it can even be said that it has surpassed HSBC in some aspects, but it may not be as good as it in terms of influence and scale, but if it acquires HK Electric again, it is difficult to say.

"Shen Bi will never tolerate Chen Zhiwen's acquisition of HK Electric again, but HSBC is limited by the law and cannot directly participate in ordinary business, do you think that with Chen Zhiwen's scale today, in addition to our Jardine Matheson willing to stand up, who else would dare to risk offending him." "As long as I can get the support of HSBC, I am sure that I will win this time." ”

(End of chapter)