Reborn in Hong Kong: The Tycoon Grows Up
Chapter 170 Negotiation 4
Shen Bi and Bao Zixuan were both lost in thought at this time. Shen Bi didn't know how much Bao Zixuan knew. Bao Zixuan wanted to let Shen Bi bid first, so that the initiative would be in his hands. Anyway, he is not the one who is anxious now. HSBC cannot afford to delay its external expansion, let alone delay it.
If this matter is not resolved perfectly, HSBC will never be able to develop in the European and American markets unless it gives up.
In the end, Shen Bi was more anxious, although he didn't know how much Bao Zixuan knew. However, HSBC will make money no matter how it sells, so it might as well be a favor, which at least shows sincerity.
Shen Bi: "Although Bao Xuedi is not in Xiangjiang, he still knows everything about Xiangjiang. Then we don't need to bargain, it's 7 Hong Kong dollars per share. I can choose to get a loan from HSBC, as long as I pay a 20% deposit first. Yes. The remaining 80% can be paid with an HSBC loan."
Bao Zixuan knew that Shen Bi was really sincere this time, and the price was 0.1 Hong Kong dollars cheaper than the price that Superman Li paid for it in his previous life. All other conditions are the same, but the most important thing is that HSBC did not retain any shares this time. In the future, it will be difficult to control Hutchison Whampoa. Although there are loans, the loans are not worth mentioning at all given the strength of Heiyun Group.
Bao Zixuan stretched out his hand and said: "Then we can cooperate as quickly as possible, thank you, senior. After we go to HSBC to complete the formalities, we will hold a press conference there."
Shen Bi also stretched out his hand and shook it with Bao Zixuan and said: "Then do as Brother Bao said. But there is no need to go back to HSBC. We can arrange for the lawyer to do it here. Once the transaction is completed, we will hold a press conference here. .”
In fact, Bao Zixuan is a bit of a villain trying to win over a gentleman. As long as a big boss like Shen Bi agrees, there will be no change. The business credit of a tycoon at this level is very important.
The moment they saw Shen Bi and Bao Zixuan shaking hands, the group in the restaurant who followed the negotiation between the two knew that the two bosses must have reached an agreement. There will probably be something good to watch soon, and this time there will definitely be news that shocks the whole of Hong Kong.
Bao Zixuan: "Okay, I'll arrange for a lawyer to come over right away. I have an idea, that is, we need to give Sing Tao Daily some color. Otherwise, if we are really easy to bully, we will use Sing Tao Daily as a sacrificial flag."
Shen Bi: "Junior, if you have any good ideas, I've already noticed that Hu Xian's woman is unhappy. HSBC will definitely support her fully this time. But Hu Xian doesn't have a loan at HSBC, otherwise I would have taken action long ago."
Bao Zixuan: "Sing Tao Daily has no loans from HSBC and no business dealings with Heiyun. It seems we can't do anything about it, but the newspaper needs subscriptions, advertising, and their employees need housing!"
"We require all companies that cooperate with us not to subscribe to Sing Tao Daily; not to place any advertisements in Sing Tao Daily; and HSBC will not provide loans for Sing Tao Daily employees to buy houses. We are so unreasonable this time, let's see everyone's reaction. Otherwise, no one would really take us seriously.”
Shen Bi listened to this young man's words and found that it would be really scary if this kid got violent. However, these are all paid by HSBC, and Heiyun Group does not have many cooperative companies in Hong Kong. This guy is using HSBC as a gunman, but this is also a way to jump into a trap even though he knows it is a trap.
Shen Bi: "But Mr. Bao, if we really do this, the Hong Kong government will probably accuse us of interfering with press freedom. This is a troublesome matter, and we have to consider it."
Bao Zixuan: "If the Hong Kong government says that we interfere with press freedom, Hu Xian will first file a lawsuit with us. The worst result is to fine both of us a sum of money, but so what! Our two companies are the largest in Hong Kong , are you short of money! If we don’t attack with thunderous means this time, I believe many clowns will come out and make people think that HSBC and Heiyun are not as powerful as imagined. Everyone will step on us, and it will be even more troublesome at that time.”
Shen Bi thought for a while and said, "I will accompany my juniors to play with them and let them know the consequences of offending HSBC."
Bao Zixuan: "We will notify all reporters to come to the Peninsula Hotel soon and let Michael Kadoorie prepare the banquet hall as the main venue for the press conference."
After everything was settled, lawyers from both sides arrived at the Peninsula Hotel. After receiving the notice, He Mingcheng dropped all his work and rushed over as soon as possible. Now Heiyun is his largest customer, and he has won many big orders through Heiyun. At present, his firm has more than 30 employees and is the number one law firm in Hong Kong.
Bao Zixuan explained what happened in He Mingcheng, and after hearing that Shen Bi actually sold all the Hutchison Whampoa shares held by HSBC to Bao Zixuan. He Mingcheng's expression is very exciting, and his mouth can be opened wide enough to fit an egg.
This is Hejia Whampoa, one of the four major foreign banks in Hong Kong. A company that has been established for more than 100 years was sold to Bao Zixuan. It seems that Shen Bi really spent a lot of money to settle this matter.
Everyone is a professional lawyer, and the contract was quickly drawn up according to the requirements of both parties. For HSBC, Pu Wei Shi came with his lawyer. He always wanted to ask Shen Bi why, but he didn't dare to say it after seeing Shen Daban's firm eyes. During this period, Shen Bi was like a god in Hong Kong HSBC. No one dared to question him, not even the general manager Pu Weishi.
The main content of the contract is that Heiyun Group purchased 1.3 shares held by HSBC at a price of HK$7 per share. The total price is 20%, totaling HK$200 million. The remaining part is a loan of HK$752 million using existing stocks as collateral, with an annual interest rate of 7%, and will be repaid in one lump sum after five years.
When he told He Mingcheng to come over, Bao Zixuan also arranged for company personnel to acquire 0.4% of Hutchison Whampoa shares. Now Heiyun Group has completed 4 of its holdings in Hutchison Whampoa. If the acquisition continues, then according to the regulations of Hong Kong listed companies, Heiyun will trigger the compulsory acquisition clause. Bao Zixuan can only acquire all the shares of Hutchison Whampoa and privatize it. It is still a bit difficult with the current cash flow, and it is not necessary.
For the purpose of acquiring 4 shares of the company, it can now be said that Heiyun has the final say on everything in Hutchison Whampoa. If he dares not to comply with Bao Zixuan's requirements, then Wei Li will no longer be able to stay at Hutchison Whampoa. Now Bao Zixuan has achieved complete control over Hutchison Whampoa. In fact, in the future, listed companies in Xiangjiang can fully manage the company as long as they hold 35%. This is also protecting the interests of major shareholders.
The moment Bao Zixuan and Shen Bi signed their names, he knew that he could no longer just develop technology according to his own ideas. Although it somewhat conflicts with his business philosophy, when he thinks about the future prosperity of Xiangjiang real estate and dock industry, he will not lose money no matter how he operates.
Now we have to enter the real estate industry to get a share of the pie, and things are unpredictable. Originally I just wanted to make some money by trading stocks, but I didn’t expect to become a shareholder by trading myself. This is really a trick of fate, who would have thought that he would be injured!
After the contract was signed, Heiyun and the staff from HSBC discussed the content and precautions of the afternoon press conference together at the Peninsula Hotel. During this period, we had another meal here to deepen our impressions of each other. If you learn more about it now, you will be more familiar with it when we cooperate in the future.
Since Shen Bi is giving face like this, Bao Zixuan will have to tilt a lot of its business towards HSBC. From now on, all capital transactions of Hutchison Whampoa will be handled by HSBC, and Heiyun Group will also favor HSBC in terms of loans.
Although this is the first time that Chinese capital has successfully acquired a British-owned foreign bank, it can be said to be very meaningful in Hong Kong. But who would have thought that the whole process lasted less than an hour between Shen Bi and Bao Zixuan!
This acquisition, regarded as a classic by countless business schools in later generations, Bao Zixuan knew that he only borrowed Li Chaoren's vision from his previous life. This time, if Li Chaoren is intercepted in advance, he can cooperate well on the Tin Shui Wai project, which can be considered as compensation. However, Bao Zixuan was also worried that Li Chaoren would not buy it, after all, he bought the company he had been planning for so long. This section is difficult to unravel, so we can only take a look at it step by step. Better prepare for the press conference! We’ll talk about the rest after finishing this section.
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