"Even if HSBC gives us enough funds, will it definitely be able to surpass Chen Zhiwen? Now in the whole of Hong Kong, no one knows how much money he has? Bao Fuda said with a frown. Chen Zhiwen's companies are all non-listed companies, and outsiders don't know anything at all, but they can roughly know from the scale that the benefits must be good, plus Chen Zhiwen's overseas banking relations, no one knows how much money can be mobilized.

"I thought so before, but Chen Zhiwen's main business is estimated to be overseas and his industrial companies, and the funds in Hong Kong are always limited, otherwise, why didn't he buy HK Electric last year, last year's HK Electric, when the oil crisis just broke out, the stock price was much lower than now, if Chen Zhiwen has always had ideas about HK Electric, then he should do it." Niu Bijian analyzed.

"You mean, he doesn't have a lot of money to spend on this acquisition, but in any case, it doesn't mean that he can't raise money from overseas when he has problems with the acquisition of HK Electric." Bao Fuda said with a frown.

"So we still have to make a quick decision, in addition to HSBC, we also need to convince the management of HK Electric, if they agree to directly increase our shares, then we can quickly become the majority shareholder of HK Electric, then there is a certain opportunity, especially now, the trigger for the takeover offer has been changed to 35%, Chen Zhiwen wants to reproduce Hutchison and Wharf again, it is several times more difficult." Niu Bijian said.

"That's fine, you can really try, the value of HK Electric is still above Wharf, if we get HK Electric, then the scale of Jardine Matheson can also be higher." Bao Fuda nodded and said.

"It is estimated that Shen Bi or Sandas 5 years ago would never have dreamed that one day, they would want me to become stronger." Niu Bijian sighed.

"Now the scale of Chinese companies is getting stronger and stronger, and we British-funded companies can no longer afford internal friction." Bao Fuda said.

"Okay, let's go and make an appointment with Shen Bi first, stagger the time a little, and then make an appointment with Hong Kong Electric Taipan Connor in an hour after Shen Bi, so that it can be negotiated at one time, I don't know what Chen Zhiwen's plans are doing now, I must make a quick decision." Niu Bijian said.

"Okay, I'll take care of that." Bao Fuda said.

The Culture Oriental Hotel, one of the most luxurious hotels in Hong Kong, is no less than the Hilton Hotel under Hutchison, and is completely owned by the Jardine Matheson Group, and the management and property belong to Jardine Matheson.

In the presidential suite, four British ghosts gathered, namely Jardine Matheson's New Bijian and Bao Fuda, and HSBC's Shen Bi and Dees.

"Shen Bi, we asked you to come here this time, you should know why, right?" Niu Bijian said with a smile as he drank his coffee.

"Is it because Chen Zhiwen wants to buy HK Electric?" Shen Bi nodded lightly and said lightly. At this time, Jardine Matheson suddenly asked himself, a little brain knows why, otherwise, ordinary things, can wait until Jardine Matheson or HSBC to hold a board of directors to discuss, although Jardine and HSBC have been fighting in secret before, but the relationship is still very good on the surface, and both sides are board members of each other. However, with the rise of Chinese capital in Hong Kong, there has been basically no secret dispute between the two sides recently.

"Shen Bi, I won't say anything else, with Chen Zhiwen's current situation, if he is allowed to buy HK Electric again, then his influence in Hong Kong will surpass HSBC and my Jardine Matheson, everyone is British, even if they have been in Hong Kong for so many years, they can't change the distinction between British and Chinese, no matter what happened before, now we must not let Chen Zhiwen succeed, otherwise, no one knows who he will do next, and I don't know if there will be other Chinese to follow." Niu Bijian said.

"I agree with what you say, but how to stop Chen Zhiwen? We HSBC can't come forward, this time, are you Jardine Matheson ready to play again? Do you want to buy HK Electric too? Shen Bi's eyes were like a distance, and he immediately said the purpose of Yihe.

"According to Chen Zhiwen's previous acquisitions, he should already have a lot of shares of HK Electric shares in his hands, if he is allowed to develop, even if the Hong Kong government sets a 35% takeover offer trigger rule, it is impossible to stop Chen Zhiwen, you know this better than me." Niu Bijian said.

"And what do you want to do?" Shen Bi nodded and said, the 35% takeover offer trigger rule, the ability to protect the acquired company is far greater than before, if this regulation already existed when Chen Zhiwen acquired Wharf before, it would be difficult to succeed.

But HK Electric is more special, it does not have a major shareholder holding family, like HSBC, is a model of national shareholding, in general, they are very happy with these management, because there is no major shareholder, they are the owners of the company, but if you encounter a hostile takeover from the outside world, then it will fall into a desperate situation, HSBC is Hong Kong's "quasi-central bank", there is legal protection, outsiders are not allowed to buy more than 1% of the shares, but HK Electric and some other similar companies do not.

"I want to arrange for Hongkong Land to buy HK Electric, but instead of competing with Chen Zhiwen in the stock market, the board of directors of HK Electric will directly conduct a private placement of shares in Hongkong Land, and Hongkong Land will get more than 33.4% of the shares, as long as we copy the stock price a little higher, plus the restrictions on the takeover offer, then Chen Zhiwen will not succeed in the acquisition, which is completely different from the Wharf back then." Niu Bijian said with a smile.

Once he becomes the majority shareholder of HK Electric, then he does not need to do anything more, just sit back and wait for Chen Zhiwen's failure, because once the other party acquires 35%, it must be fully acquired, as long as he raises the price of a certain day in advance, then Chen Zhiwen must buy the entire HK Electric at this price.

The price is so high that it is unimaginable, and it may really need to invest close to tens of billions of Hong Kong dollars, and Niu Bijian believes that as long as Chen Zhiwen is not brain-dead, it is impossible to do this kind of thing, and HK Electric is not worth this money at all, and even if Chen Zhiwen really does this, then he can also make a lot of money from it, and he will be conservative with more than a billion Hong Kong dollars, and it will greatly consume the funds in Chen Zhiwen's hands, so that his own Jardine Matheson and Hongkong Land will be much safer.

"You're a good idea." Shen Bi chuckled and said that before HK Electric was acquired by Chen Zhiwen, the management still had absolute control, and theoretically it was possible to carry out a private placement of shares in a certain company.

In fact, the acquisition of other companies is the same as the reverse takeover, when the acquiree has no funds, it needs to find a "white knight", and the white knight can obtain enough shares through stock market acquisition or private placement, so that the acquirer can only give up after getting more shares.

"But that's the only way, otherwise we'll have to sit back and watch HK Electric get bought and Chan take control of the entire Hong Kong island's electricity market." Niu Bijian said.

"It's really the only way, but it doesn't seem like I need to be involved, right?" Shen Bi said with a faint smile.

Niu Bijian said: "Shen Bi, or what I just said, let's be honest and honest, we don't need to talk about him like this, it will only waste our time, I have already asked Connor to come here, and he will be there in half an hour."

I invite you to come, one is because although Hongkong Land can also come up with this fund, it will definitely affect many normal projects, so we need a huge loan, as for the mortgage, naturally we can use the HK Electric shares that are about to be acquired, for HSBC, this business will not lose money, and it can also make a lot of money.

Second, my family may not be able to convince Connor that if he does not agree to introduce Hongkong Land to the board of directors of HK Electric by way of a share increase, then it is impossible for me to agree to work against Chan Chi-man in the stock market. ”

"Okay, since I'm being honest, I'll also say that your method may indeed be the only way to stop Chan Chi-man from buying HK Electric, but it's not the only way to do it, right?" Shen Bi said lightly.

"Theoretically, this is true, but now except for me, Jardine Matheson, who in the whole of Hong Kong wants to offend Chen Zhiwen? Wheelock itself wants to sell itself, Swire Group has always adhered to the principle of not offending people, who else? Niu Bijian said confidently: "And time waits for no one, none of us know Chen Zhiwen's current situation, in case he can succeed soon, then even if you find someone, I'm afraid it's too late." ”

"If I'm really looking for it, I'll be able to find it quickly." Shen Bi said with a smile.

"But it's still very risky to find some small roles." Niu Bijian said: "It's better for me to make it clear what conditions HSBC needs to help me." ”

Although neither Jardine Matheson nor HSBC wanted Chan Chi-man to buy HK Electric, in his plan, Jardine Matheson took a big advantage, and he also needed HSBC's loan help and convincing the HK Electric board of directors together, so he was prepared to be slaughtered before he came, as long as the loss of profits was not as good as that of HK Electric.

"Okay, first of all, no matter how much money you need, I can give it to you, but the interest rate is 20% higher than normal." Shen Bi said.

“20%？ Shen Bi, this is too high. If it weren't for the higher rise in Hong Kong's real estate market, I'm afraid that large enterprises like Jardine Land would not be able to bear it, and now this acquisition, even if it is approved by the board of directors of HK Electric, Hongkong Land will need to invest more than one billion Hong Kong dollars, and the interest rate is so high, I am afraid that it will lose hundreds of millions.

"You know how much money you need, and you still take out a loan first and then mortgage, and the time is so urgent, you go to any bank, and there is only a 20% interest increase, which is a discount price that you can't dream of." Shen Bi said confidently, no matter what, his bank has to make a profit first.

"Okay." Niu Bijian thought about it, nodded and agreed, what Shen Bi said is indeed reasonable, any bank in the world will ask for high interest rates for sudden loan needs, plus this is indeed unsecured, compared to the benefits after the acquisition of HK Electric, this is still worth it.

"Another requirement is that until you repay the loan, all rights in these pledged HK Electric shares shall not be enforced." Shen Bi said with a faint smile.

"Shen Bi, you really have a good plan." After listening to this, Niu Bijian was shocked, and after doing it for a long time, all his plans were probably calculated by Shen Bi.

The shares are mortgaged, but they can't be traded, and the voting rights held by shareholders are still there, but if they are abandoned through the contract, it will naturally have legal effect, Shen Bi's move is to directly restrict Jardine Matheson's complete control of HK Electric, at least until the loan is not paid off, and more than a billion Hong Kong dollars of debt, plus high debt, how difficult it is to pay it off, unless Hongkong Land is willing to sell a few of its own Central buildings.

Although on the bright side, the bank has no voting rights to obtain stock mortgages, but Shen Bi's operation is basically equivalent to obtaining voting rights, bypassing the Hong Kong government's restrictions on HSBC, killing two birds with one stone, and working for HSBC for a long time.

"My request is also very fair, you have a conflict with Chen Zhiwen, there are huge benefits, I don't have it, you have to give me a little benefit, otherwise how can I explain to the board of directors." Shen Bi said with a smile.

"Okay, I promise you." As long as the shares are in hand, even if there is no voting right in the short term, but nominally the stock belongs to him, as long as the debt is paid off, then all the rights will naturally return.

After all, if you want to acquire one of the top ten listed companies in Hong Kong, the price is actually not large, otherwise, if there is no hostile takeover by Chen Zhiwen, but by Jardine Matheson, HSBC may still disagree, and in turn against itself, then Jardine Matheson will pay a greater price than now, on the whole, if he really succeeds in taking a stake in Hong Kong Electric, then he still has to thank Chen Zhiwen.

After a while, Hong Kong Electric's Taipan Connor arrived.

"Connor, long time no see." Shen Bi said with a smile after seeing the visitor, they are all top British-funded listed companies in Hong Kong, and everyone knows each other.

"yes, it's been almost half a year." Connor nodded and said, "What are you asking me to come for?" ”

Niu Bijian smiled and said, "Connor, we asked you to come here to help you solve the problem of hostile takeovers that HK Electric is facing today. ”

"Oh, please." Connor asked, being met by the two heads of Hong Kong's largest British-owned consortium, he knew that it must have something to do with the acquisition of his home, HK Electric, and he didn't believe that the big bad wolf would take the initiative to help people, but it didn't hurt to come and find out.

"That's what happened," Mr. Niu said succinctly.

"In this way, won't HK Electric become Jardine?" Connor did not approve or disagree.

"If you don't become a Jardine family, then you will become Chen Zhiwen's subordinate, although Shen Bi and I have a lot of different opinions, but it is recognized that HK Electric has no choice, even if you don't choose Jardine, you also need to choose another one, otherwise, you will definitely not be able to fight Chen Zhiwen." Niu Bijian said.

(End of chapter)