320 The Kadoorie family who ventured into the attack

"In recent years, the Hong Kong real estate market has risen sharply, but the Kadoorie family has been investing all the funds in the new power plant of CLP, missing the golden age of real estate, and the funds were transferred to CLP, so the shares of the hotel were seriously undervalued like the original Wharf, 70 Hong Kong dollars a share is indeed a little more expensive, but only 10% of the acquisition can get the whole company is still cost-effective, the hotel also has several pieces of land on Hong Kong Island, and it will not lose in the future." Chen Zhiwen thought for a while and said.

Although there will be a real estate crisis in 82 years, the land price will be cut in half, but this comparison is the peak house price in the middle of 82, even if it is cut in half, it is not much worse than now, and as long as it survives this time, the subsequent land price increase will be more ruthless than the current wave of bull market, and many properties under the hotel are also unavoidable positions, if you don't seize the opportunity now, then even in 1983, you may not be able to buy these properties.

"That's what I thought too." Guo Henian said: "Bao Sheng, I have inquired about the news, HSBC has not lent a lot of money to the Kadoorie family, if I do it, the Kadoorie family may sell some CLP shares to increase cash, then you should seize the opportunity." ”

"Don't worry, no problem, I also owe Guo Sheng a favor this time, and I will definitely repay the gift in the future." Bao Yugang said with a smile.

"It's not necessary, we just need to hold shares in each other's stocks, so that we can develop together in Hong Kong." Guo Henian said with a smile.

Although he is dominant in Southeast Asia, the rules in Hong Kong are different, and he still needs to cooperate more with large local companies to develop here, so that the security will increase a lot.

"It's not a problem, when my company goes public in the future, the two of you can also participate." Chen Zhiwen said with a smile.

The entire global capital market will not allow the existence of such an unlisted enterprise that still makes money in a big market, and cannot share the profits of this industry, so the capital market will naturally invest in competitors to seize the market.

Since we want to share part of the results, in addition to giving some useful resource backgrounds to the consortium, the people around you can also share a little, but not much, unless it is a company that mainly develops in Hong Kong and Asia, and several companies with Europe and the United States as the market, they will still give priority to the local forces in Europe and the United States.

"Okay, when I buy the big hotel, if I have any funds, I will invest in HK Electric and CLP." Guo Henian said with a smile.

"Then let's get HK Electric first, I also have some funds here, if the acquisition of the two is not enough, I can borrow urgently." Chen Zhiwen said.

"Thank you." Guo Henian said.

The next day, there was explosive news in the Hong Kong stock market again, the world's sugar king Guo Henian, officially bought the shares of the hotel in the form of cash checks on the Hong Kong Stock Exchange for 70 Hong Kong dollars a share, until the acquisition reached 34.9%.

When the news broke, the share price of the hotel once again rushed to HK$73, but soon fell back to 71.

Although the price on the stock market is a little higher, there are still many people who come to the Hong Kong Stock Exchange for cash trading, because smart people know that if they are all sold on the stock market, the price will soon be suppressed, so it is better to come to the live transaction, pay the money with one hand and deliver the goods with the other.

At noon, in the southeast corner of the Hong Kong Stock Exchange, the acquisition of hotel shares has been lined up, the people behind are very impatient, because no one knows how many people come here to buy stocks, once the acquirer acquires enough shares, unless you still want to trigger the acquisition offer, or it will inevitably stop the acquisition, when the time, no matter who continues to manage the hotel, the stock price will definitely plummet.

After the showdown, there is a decisive battle, and at this moment, unless the Kadoorie family also follows the battle and buys it at a higher price, otherwise, they can only make a move now.

Just when everyone was queuing, in a VIP room of the Hong Kong Stock Exchange, Kadoorie looked at the queue below to sell his own stocks through the glass, and the green tendons on his hands were in a hurry to be exposed.

"70 Hong Kong dollars a share, this Guo Henian is really willing to do it." Michael Kadoorie looked at the price on the sign outside, and said with some gritted teeth.

"Big brother, if we continue like this, we will lose, and even Liang Zhonghao sold half of his shares to them." Henry Kadoorie, the number two of the Kadoorie family, said with some concern.

"I also know, but in terms of funds, we don't have enough, half of the 500 million Hong Kong dollars borrowed by HSBC have been spent, and you don't know the current stock market price, if you want to stabilize, you need at least another 500 million." Michael Kadoorie said with a frown.

"In the past few years, we have indeed invested too much money in CLP, and encountered the oil crisis, Guo Henian is powerful in Southeast Asia, there are a large number of banks behind it, if we don't do anything else, I'm afraid the hotel will not be able to keep, big brother, the Peninsula Hotel, is a symbol of our family heritage, can not be lost." Henry said with a frown.

"And what do you think?" Michael Kadoorie asked.

"We need to sell some of CLP's shares to alleviate this crisis." Henry said.

Michael Jiadao didn't want to think about it, and quickly shook his head and said: "This is absolutely not good, have you thought about it, now it's just that the big hotel is acquired, which makes it difficult for us to parry, but if we sell CLP's shares, what should others do to CLP?" ”

"CLP's scale is much larger than that of the hotel, and the Chinese in Hong Kong and even around the world, except for Chen Zhiwen, who has the ability to start, but Chen Zhiwen has already acquired HK Electric, and the Hong Kong government will never agree to him continue to acquire CLP, so we don't have to worry too much." Henry Kadoorie said.

In fact, after Wharf was forcibly acquired by Chen Zhiwen, and the Hong Kong media gradually exposed Chen Zhiwen's overseas assets, so that all British capital in Hong Kong was worried about one day being targeted, but throughout 1979, Chen Zhiwen's capital remained low-key, and everyone may have relaxed after a long time, after all, it is impossible not to develop their own business because of a potential risk.

At the beginning of this year, Chen Zhiwen really shot again, the target was HK Electric, and even this time he slapped the entire British capital hard, because the last backer of the British capital, HSBC indirectly admitted defeat.

However, it is a great thing for the Kadoorie family, because the Hong Kong government will not allow one person to monopolize the entire Hong Kong electricity market, but they did not expect that their own big hotel will be targeted by the rich in Southeast Asia.

"Chen Zhiwen may not be possible, and any other Chinese capital can't do it alone, but what if it's several? Or is Chen Zhiwen manipulating behind his back? Michael Kadoorie said with a frown.

"But we can't really give up on the big hotel, can we?" "There's another way for us to pledge some of CLP's shares," Henry said. ”

"I have already pledged part of it to HSBC, and the general stock mortgage can only get half of the funds, and if I mortgage it again, HSBC will not agree." Michael Kadoorie said.

In recent years, because of various problems, Zhonghuan Power has been extremely indebted, and the price of stocks has not been high, and the 500 million that Shen Bi promised to lend him before is not without collateral conditions, a variety of lending relationships, Shen Bi, the old fox, will not agree to take this risk.

"Then you have to find another bank." Henry said.

"Which one to find, apart from HSBC in Hong Kong, which bank has the ability to help us?" Michael Kadoorie asked.

Many small banks in Hong Kong are not unable to take out hundreds of millions of Hong Kong dollars, but they will not take risks, because for small and medium-sized banks, such a large amount of funds must be released with great certainty that they can be recovered, otherwise they will die.

"HSBC is indeed the largest bank in Hong Kong, but it is not the only one, there is another large British bank in Hong Kong." Henry said.

"You mean, Standard Chartered?" Michael Kadoorie immediately thought of the name, although Standard Chartered has the right to print money in Hong Kong, but the difference is that it can only print those small amounts of money, and the scale is small, and the business in Hong Kong is only about 10% of HSBC, therefore, Hong Kong's large British consortia are looking for HSBC to cooperate more, Standard Chartered in Hong Kong, basically with small and medium-sized enterprises.

"Yes, it's Standard Chartered, Standard Chartered's business in Hong Kong is indeed a little worse, but the parent company behind it is still very strong." Henry said.

Michael asked, "Do you know anyone from Standard Chartered?" Bill. Winter? ”

"Even if I know each other, I have cooperated with some small businesses before, and he has taken the initiative to find me in the past few days, hinting that he can help us, but the interest rate is relatively high, 3 percentage points more than HSBC." Henry said.

"Three points? It's really dark. Michael thought for a moment and said, "You can promise him, but can they accept our second mortgage?" ”

"No, if you do this, the process of disbursing money will be very slow, and the meaning of Standard Chartered is that as long as we don't mention it, they don't ask, and they turn a blind eye." Henry Kadoorie said.

"But if we do this, we still have to lose money, according to the provisions of the banking law, we need to inform the bank in advance of the second mortgage of stocks or properties." Michael Kadoorie said with a frown. There are many banks in Hong Kong, and outsiders don't know the internal information, if a property is mortgaged in this bank, and then go to another bank, then there may be a second mortgage, which is a financial risk, and the Hong Kong government has been trying to avoid it, and has launched a corresponding registration policy, but there are too many details involved, and there are too many negligences, which can be easily bypassed, therefore, the Hong Kong government directly legislates restrictions on borrowers.

"That's what the law says, but if we're doing business and thinking about so many legal issues every step of the way, what's going to do that? As long as it is not a criminal law, even if it is caught, it is just a fine, as long as it does not cause financial risks, and then dredge it, there will be no problem, as far as I know, in recent years, Chinese-funded real estate companies can rise so fast, this trick is perfect. Henry Kadoorie said.

"I always don't think it's good." Michael Kadoorie said.

"It's not good, but if we think about it again, we will lose the big hotel, let's keep the family assets first and then talk about other things, the big deal is to only keep the Peninsula Hotel, sell the other properties to pay back, and it just so happens that the house prices are also high now." Henry Kadoorie said.

"You have a point, we just need to keep the Peninsula Hotel, and the rest doesn't matter." Michael Kadoorie said.

"Okay, I'll contact Standard Chartered Bank, the time is urgent, big brother, you prepare all the information first, as long as Bill Winter agrees, then we will sign the contract immediately." Henry said.

"Don't worry, no problem." Michael Kadoorie said.

"However, I am afraid that it will be too late." Henry Kadoorie looked at the queue outside, still frowning and said, in case someone buys ahead of schedule and completes the goal, it is useless to get the money himself.

"I'm going to announce the acquisition for HK$62 right away, and I still have some cash in hand." Michael Kadoorie said fiercely, if he didn't succeed in becoming a demon, he had no choice now.

(End of chapter)