Shen Bi of HSBC came to Lin Zhichao's office.

At this time, Shen Bi is already the vice chairman of the board of directors of HSBC Group and the general manager of HSBC, while Sundash will retire next year. So in fact, Shen Bi is already the actual person in charge of HSBC.

The two sat on the sofa and drank tea, the relationship between the two was good, and Shen Bi also knew that HSBC's investment in Lin Zhichao was his predecessor's greatest political achievement; Although he has been in power, HSBC is still deeply involved with Lin Zhichao, and at present, 15~20% of HSBC's annual profits come from the enterprises cooperated by both sides.

"Mr. Lin, I heard that at the end of last year, you invested in an office building in Manhattan, amounting to $350 million. On this point, I would like you to say whether there is a possibility of change in shipping and the reliability of the Universal Shipping Charter. Shen Bi said seriously.

Huanyu Shipping has more than 6 million tons of oil tankers, worth about 500 million US dollars. HSBC holds a 40% stake, which is worth US$200 million, or almost HK$1.2 billion.

With such a huge asset, HSBC is naturally very concerned about Lin Zhichao's actions. The investment in Manhattan office buildings was caused by some kind of change.

Lin Zhichao said: "The reliability of the lease is naturally no problem, and we all sign long-term contracts. As for the change in shipping, there is no obvious signal at the moment, so there is no problem. Shen Daban, please rest assured, we are on the same boat, one is prosperous, one is lost, and I will manage Huanyu Shipping well. ”

Shen Bi suddenly put his mind at ease, and then said easily: "Thank you for informing!" ”

Universal Shipping is a cooperative enterprise between the two parties, but it is not a listed company, and HSBC can only check the accounts, and the specific business plan is all cooperated by the Global Group. In this way, HSBC will regularly communicate with Lin Zhichao about the situation and development of this company.

And Lin Zhichao's words are not wrong, assuming that the global group wants to go ashore, HSBC will definitely be willing to help, although Lin Zhichao does not need it. This is because the assets of Universal Shipping are very high, and once Lin Zhichao makes a strategic mistake, HSBC will also suffer losses.

Then, Shen Bi said: "There is one more thing to trouble Mr. Lin!" ”

Lin Zhichao nodded and said, "Please speak!" ”

Shen Bi said: "We at HSBC are interested in rebuilding the HSBC Building, and now we need a temporary headquarters. If the China Building owned by Cheung Kong Group is to be redeveloped immediately, we hope to lease it, but we want to participate in some of the necessary designs. ”

It turned out to be this thing!

Lin Zhichao immediately said: "No problem, the Huarenxing Building is already old, and the demolition project is already being prepared!" ”

Shen Bi said: "Then thank you very much, Mr. Lin, you are our best partner of HSBC. ”

You name it!

In September last year, Hutchison & Co. was on the verge of bankruptcy and asked shareholders to issue shares, and HSBC obtained 33% of the equity for 150 million yuan, plus the shares in hand, I am afraid that it will have to have more than 35%.

During that period, Lin Zhichao didn't think it was an opportunity, this is because: Hutchison & Co. has all foreign management, and there are not many Chinese senior staff, if there is no one to make drastic reforms, Lin Zhichao will need to consume a lot of energy even if he takes it down, and even just fighting wits and courage with foreign management is enough for him to consume too much energy.

Rather than this, it is better to let Wei Li rectify it first, and when the time is about right, it is not too late to pick peaches.

Anyway, at this time, except for him Lin Zhichao, no one in Hong Kong can do it. And Li Jiacheng can only be a small real estate developer at this time, and he can't compete at all.

After communicating with Shen Bi, Lin Zhichao decided to immediately demolish the Huarenxing Building and start construction of the 'Xinhua Renxing' Building this year. In this way, HSBC's headquarters could move into the China Bank Building in the late 70s; Subsequently, the HSBC building can also be demolished and rebuilt.

In the evening, Lin Zhichao came to Minghui Garden in Repulse Bay, and saw Zhao Yazhi dressed as a 'cook' and came to the door to greet him.

"Brother Chao, I'm preparing dinner for you!" Zhao Yazhi squatted down to change Lin Zhichao's slippers, and didn't forget to show it.

Lin Zhichao smiled and said, "You are tempting enough now, I think I can eat you first for this dinner!" ”

It's really a different taste, Zhao Yazhi at this time.

"Brother Chao, when I cook a meal, I finally show it, you can give me this chance!" Zhao Yazhi said coquettishly.

"Okay, but I'm going to watch you do it and see how you cook!"

"Hmm"

Soon, the two moved to the kitchen, and Lin Zhichao admired Zhao Yazhi's cooking skills with great interest.

"I seem to be a little nervous when you look at it like this!" Zhao Yazhi said in a coquettish voice.

It's a bit nervous indeed.

"Even if you do it, if you have this heart, I already recognize your cooking skills!"

"Hehe, Brother Chao, you're always good at coaxing girls!"

Subsequently, Zhao Yazhi put his mind at ease and boldly showed his cooking skills.

This is a mansion in Repulse Bay, with a lot of kitchen space and luxurious finishing.

And Lin Zhichao gradually set his eyes on Zhao Yazhi, this woman has been cultivated by him, with a graceful figure, full of curves, fruitful, and delicate and delicate white skin.

"Ah, Brother Chao, I'll be fine in a while!" Zhao Yazhi said coquettishly.

She only felt that she was being strongly hugged by the man behind her, and her legs began to weaken.

"Yazhi, do you want a child?"

When Zhao Yazhi heard this, he didn't care about the pot, and hurriedly turned around and said, "Brother Chao, can I?" ”

Her eyes are bright and shining, exuding a mysterious and charming temperament, and at this time there are some expectations.

After four years with this man, I was sometimes scared, for fear that I would just be the object of play. Of course, she can also hold 20 million assets, which is not considered nothing.

However, Zhao Yazhi knew that it was difficult for him to leave this man, he was too fascinated by girls. Even if she is with her once a month, she can feel a strong dependence.

Therefore, what she hopes most in the past two years is to have a child of two, so that her status will be much more secure.

"Of course, I said a long time ago, I will give you a child when the time comes."

"Well, I want it so much!"

Lin Zhichao turned off the gas fire with a smile, and then he said in Zhao Yazhi's ear: "Then we will come now, and the family of three will eat together." ”

Zhao Yazhi blushed and said, "How can it be so fast!" You know how to tease me! ”

Subsequently, Lin Zhichao gave full play to the true colors of the old color, from the kitchen to the living room, to the bedroom, and finally met Zhao Yazhi's wishes.

Recently, he was influenced by his son Lin Ruijiang and felt that if he wanted to hold more grandchildren, it was better for him to continue to build a son.

Actually, it's not that there is anything wrong with the beautiful hotel staff that Lin Ruijiang is looking for, but Lin Zhichao found through investigation that the female staff is a little scheming; What's more, although Lin Ruijiang is attentive, he does not have his Lao Tzu's skills, which can make women very obedient.

Because of this, Lin Zhichao was worried that Lin Ruijiang really let the female employee give birth to a child, and there would be a very complicated situation in the future. In fact, even if Lin Ruijiang finds an artist like Li Zeyuan in his previous life and gives birth to a child, Lin Zhichao will admit it, the key is whether there is 'scheming' in it. The female hotel staff was just scheming, which was something Lin Zhichao was afraid of.

Lin Ruihai, the third child, made Lin Zhichao feel more at ease, and had a girlfriend last year, the woman is from Hong Kong University, and her parents are middle school teachers. Lin Ruihai knew what kind of girl his parents wanted him to find, so he was completely obedient and chose the girl he liked according to his parents' requirements.

Lin Zhichao's favorite daughter-in-law is actually very simple, the family doesn't need to be rich, but it must be a serious family, the girl must be clean and clean, and there is no problem with her character.

Only a week later, Cheung Kong Group and Yonggao Company sat together again to negotiate, and this time Lin Zhichao personally attended the meeting.

Generally speaking, even if it is a commercial acquisition of hundreds of millions of dollars, he will not come forward in person and hand it over to his subordinates.

If you can talk about it, you can do it, and if you can't talk about it, you won't do it.

However, Yonggao Company is related to the headquarters building of Cheung Kong Group, and the two bosses of the other party want to meet with Lin Zhichao, so this time everyone sat together and talked in detail. In addition to this, accounting firms from both sides participated.

"Mr. Lin, how did you know that we were willing to sell Yonggao?" Johan asked curiously.

Lin Zhichao said with a smile: "We didn't know that you were willing to sell Yonggao, this acquisition was purely tentative. We fancy the land of the Hilton Hotel, so we are willing to spend money to acquire it. ”

Joe John and Alvin immediately understood that others did not look down on the Hilton Hotel and the Hyet Hotel Bali, and they were completely aiming for the 40,000-square-foot 'One Queen's Road' land of the Hilton Hotel.

Knowing that back then, they simply bought the land, and the value of the land had appreciated tenfold in sixteen years.

In fact, this piece of land was not auctioned on official land that year, but the result of a direct transaction between Yonggao Company and the Hong Kong government, otherwise Lin Zhichao would have won whatever he said. However, at that time, the Hong Kong government wanted to build a hotel on this land, and Lin Zhichao might not be able to build an office building if he won it, but it can definitely be changed now.

Next, Lin Zhichao grasped the initiative of negotiation and said: "You intend to sell, we buy in good faith, this is a very good transaction opportunity." With that, he smiled and looked at the two American businessmen.

As far as the conversation just now, he already grasped Jojohn and Alwin's willingness to sell, so now it is nothing more than a matter of price.

Johan said: "Mr. Lin is a cheerful person, but we want the price to be more reasonable! At present, the Hong Kong stock market is on a strong upward trend, and our request is reasonable. ”

Lin Zhichao said with a smile: "Less than two years have passed since the stock market crash, how can the Hong Kong stock market recover confidence so quickly." It's unlikely to rise to 500 this year, so a short-term rise doesn't mean anything. Moreover, if we look at the stock market for this acquisition, why should the two of us participate in the negotiation and simply cash out from the stock market! ”

With a premium of more than 30%, Yonggao Company cannot reach 11 Hong Kong dollars per share in three years.

The reason for the premium is that the value of the asset, such as the land of the Hilton Hotel, was soon worth almost 200 million Hong Kong dollars (two or three years).

Joe John and Alvin were stunned, they were indeed completely caught in the trap of the stock market, and when they heard Lin Zhichao say this, they also began to worry about the possibility of the stock market falling sharply again.

Calming the two, Lin Zhichao took the opportunity to say: "The premium of 35%, according to the stock price of 8.6 Hong Kong dollars the day before we started negotiations, that is, 11.61 Hong Kong dollars per share, this is our greatest sincerity." ”

Joe John and Alvin, along with their accounting firm consultants, began to communicate.

"Deal, we're willing to close this deal!"

As Joe John's cheerful voice rang out, representatives of both sides smiled.

Zhou Fuzhao and others couldn't help but admire the boss, of course, they didn't admire the boss's bargaining skills, but admired the boss's cheerfulness, and the opponent was easy to reach an agreement.

The price of 11.6 Hong Kong dollars per share is within the expected range of Cheung Kong Group, and there is even room for 0.4 Hong Kong dollars.

"Happy working together! Then we will start signing the contract today and announce the good news to the Hong Kong media! ”

"No problem!"

In the evening of the same day, Cheung Kong Group and Meigao Company held a press conference to announce that they had reached an acquisition offer. Zhou Huai'an, as the spokesperson of Cheung Kong Group, attended the press conference, and Li Yeguang of Hu Guan Li Luo Law Firm also attended the press conference.

"May I ask Zhou Sheng, will Cheung Kong Group fully invite the acquisition of Yonggao Company?" The reporter grasped the key point and first raised an important question.

If the acquisition is fully invited, then it means that the retail investors who hold the shares of Yonggao Company will make a big profit.

Zhou Huai'an said calmly: "There is no plan for this for the time being!" ”

As far as he knew, the boss did not have a plan for the time being.

The reporter immediately said: "According to the Code on Takeovers and Mergers announced by the Securities Regulatory Department in August last year, I hope that enterprises will establish basic codes. According to the Code, when a company intends to acquire another company, it is required to publish a document such as a proposal and present the document to the shareholders of both companies for inspection. Second, if more than 50% of the shares are acquired, a full acquisition must be made to other shareholders. ”

The acquisition of 56% of the equity of Yonggao Company by Cheung Kong Group has reached the situation of full acquisition.

Zhou Huai'an is very proficient in business, and immediately said: "This has no legal effect, it is only a suggestion of the Securities Regulatory Office." In fact, as we all know, this proposal is not realistic, for example, even if we propose a full acquisition of Yonggao at the highest share price recently, shareholders are reluctant to sell their shares, which is the root of the problem. ”

The implication is that even if it is carried out in accordance with the recommendations of the Securities Regulatory Commission, a comprehensive acquisition is just a formality and cannot be achieved at all.

In any case, in the trough of the stock market, the acquirer occupies an advantageous position and the acquiree occupies a disadvantageous position.

A reporter asked another difficult question: "Cheung Kong Group's acquisition of Yonggao Company means that it owns the ownership of the Hilton Hotel. As the majority shareholder of Cheung Kong Group, Mr. Lin Zhichao, his private company, Shangri-La Hotel, is also a luxury five-star hotel in the same area, is there a conflict between the two? Does Mr. Lin Zhichao plan to discontinue the Hilton Hotel and become a Shangri-La Hotel? ”

Suddenly, the reporters were making a fuss, and the question was very aggressive!

Zhou Huaian said with a smile: "I will make three points in response to your question: first, Mr. Lin Zhichao now has the absolute equity of Cheung Kong Group, and he will not sacrifice one of his own companies to do this kind of thing. Second, Yonggao and Hilton have signed a long-term management contract, and if they breach the contract, they will pay a lot of compensation, so it is even more unlikely that this kind of thing will happen. Thirdly, there are already four five-star hotels in Central, and the occupancy rate has reached more than 80%, with the economic recovery and the growth of Hong Kong's tourism industry, everyone can make progress together, and there is no possibility of one trying to eliminate the other. ”

The reporters recorded their answers, and on the whole, Zhou Huai'an's answers were flawless.

And Zhou Huaian also understands that if the operation of the Hilton Hotel is to be terminated, it is also something that Cheung Kong Group will consider after the full acquisition of Yonggao Company.

Once the full acquisition of Yonggao Company, then naturally there will be no problem, and there is no problem if you want to build the Hilton Hotel into the Changshi Headquarters Building.

Today's reporters' question is nothing more than to speculate on the stock market of Yonggao Company.

But this is obviously not conducive to the full acquisition of Yonggao Company in the later stage, so Zhou Huaian has no intention of fulfilling it.

The news of Cheung Kong Group's acquisition of Yonggao Company has caused a huge sensation in the media circles, and the acquisition of foreign-funded enterprises by Chinese-funded enterprises is like a matter of 'inspiring national self-confidence', so it has been featured by the media.

As the price of the acquisition was announced, Yonggao's shares did rise 11% the next day, but this was only for the short term.

Cheung Kong Group acquired the remaining 8.5 million shares, and the price is unlikely to be higher than that given to the two former major shareholders of Yonggao. Later, as the stock market fell, it was the best opportunity for a full acquisition.

The impact of Cheung Kong Group's acquisition of Yonggao Company is not limited to one aspect, and this method of making full use of the stock market to expand the enterprise was quickly mastered by some Chinese-funded companies, who also quickly joined the acquisition war to absorb those companies with good assets. Of course, most of their funds are in the form of issuing new shares + cash.

in the office.

Lin Zhichao leaned back in his chair and thought about the fruitful achievements made by Cheung Kong Group in the past two and a half years, and the major projects invested include: Huarenxing Building, 50% equity of Dishi Real Estate (Lijing Center, Century Building), Wasion Development (rental collection property + land bank), Slender West Lake site (joint venture, 50%), Taikoo Hill No. 1 site (joint venture, 50%), British American Tobacco site (joint venture, 35%), Shatin reclamation project (joint venture, 25%), 56% equity of Yonggao Company, nine office buildings in Manhattan (joint venture, 20%）。

In addition to these large-scale projects, Cheung Kong Group has also acquired a number of land exchange rights and sites, bringing its reserve land to about 2 million square feet.

(End of chapter)