Reborn Tycoon Rise

"That's okay, it's not bad to just treat it as a normal investment!" Xu Zhi said nonchalantly.

Bao Yugang shook his head and smiled and said: "Okay, just tell Xu Sheng what conditions he has to sell this share to me?"

Xu Zhi smiled and said: "It's very simple. At the last moment, I can sell it to Bao Sheng at the price of that day. But does Bao Sheng have to promise to transfer a property to me after I obtain the controlling stake in Wharf?"

Bao Yugang asked: "Which property?"

Xu Zhi said: "The old car power plant in Causeway Bay and the nearby streets!"

Bao Yugang smiled and said: "Xu Sheng is really big-hearted, that piece of land is a golden land."

"If it wasn't a golden place, I wouldn't be interested at all," Xu Zhi said with a shrug. The Causeway Bay Old Car and Power Plant is located in the center of Causeway Bay. In later generations, after Bao Yugang passed away, his son-in-law Wu Guangzheng built the famous Times Square on this land.

Times Square was built in 1994 with a total investment of 2.4 billion. The rent collected in the first year was as high as 900 million. By the 21st century, the annual rent was as high as 2-3 billion Hong Kong dollars, with an estimated market value of 70-80 billion Hong Kong dollars. It is the largest city in Hong Kong. One of the most valuable buildings.

The most important thing is that the property rights of this land are 999 years. It is one of the few millennium property rights in Xiangjiang. It is also a commercial land itself, just like Harbor City.

You must know that when Bao Yugang was preparing to abandon the ship and land, the first thing he looked at was Wharf, not Hutchison Whampoa, a subsidiary of HSBC!

The most fundamental reason why Wharf was given priority over Jardine Matheson Group was that a large amount of land owned by Hutchison Whampoa was industrial in nature and could not be developed for residential and commercial development. It was not until Li Jiacheng took advantage of the real estate crisis to change the nature of the land.

This is not the case with Wharf. Jardine Group has already taken care of this matter in the dark ages before MacLehose. Anyone with a discerning eye can see the future of Harbor City. Li Jiacheng also turned his attention to the Jardine Group because he was unable to fight against it. Hutchison Whampoa.

It’s just that in the future, Li Ka-shing will achieve more success in operating Hutchison Whampoa than Wharf due to his excellent management capabilities. But you must know that Wharf is just a harbor city. In the 21st century, the annual rent will exceed 10 billion Hong Kong dollars. Wharf will basically sit on the table for future generations. It mainly focuses on rent collection, but after Li Jiacheng's years of hard work and industrial layout, Hutchison Whampoa's market value is only twice that of Wharf.

In terms of scale, Hutchison is indeed bigger, but in terms of asset excellence, Wharf is obviously better, and as long as you get it, there is almost no risk.

Bao Yugang thought for a while and said, "Okay, I promise you."

Xu Zhi said with a smile: "Then I wish us a happy cooperation, and congratulations to Bao Sheng for his upcoming move to the Wharf."

"Thank you for your kind words!" Bao Yugang replied with a smile. As long as he can occupy Wharf, losing a piece of land is nothing. As a time-honored enterprise, Wharf bought a lot of land in Xiangjiang when it was first established. It was a wasteland at the time, but now every inch of land is at a premium.

However, the land itself will not make money. Only by developing buildings on it can we gain benefits. This was also the reason why Wharf refused to sell the land and desperately used loans, bonds, financing and other means to raise money. As a result, Li Jiacheng's hostile takeover was launched. , and now it was soon forcibly taken over by Bao Yugang.

After he takes over, he will definitely have to sell part of the land to raise funds. Now he has reserved 10% of the decisive shares in a piece of land. This transaction is not a loss. After all, he has captured the Wharf, and only then can he say whether it is a good deal or not. What's more, this is related to " The decision to abandon the ship and land.

After Bao Yugang left, Wang Liming walked in and said: "Li Jiacheng fought back. He is recycling the shares of Cheung Kong Holdings at HK$10.5 per share."

"I know!" Xu Zhidao said: "I just got the news that Shen Bi lent another hundreds of millions to Li Jiacheng."

Wang Liming asked: "Then should we raise the price again?"

Xu Zhi smiled and said, "Of course. No matter how I raise the price, Li Jiacheng must keep up. Otherwise, if I acquire Cheung Kong Holdings and Hutchison Whampoa, I won't have to bother anymore!"

HSBC sold Hutchison's shares to Cheung Kong Holdings, not Li Jiacheng himself. That is to say, if it acquires Cheung Kong Holdings, then 22.65% from HSBC and the subsequent Hutchison shares acquired by Li Jiacheng will be owned by Xu Zhi. Hutchison Whampoa's acquisition is completely over.

So even if Evergrande continues to increase the acquisition amount, Li Jiacheng has only two options, either to raise the price to keep up, or to cash out and leave. He must make an immediate decision. Just two days ago, Evergrande doubled the price to acquire Cheung Kong Holdings shares. It attracted countless people to sell, and nearly 10% was acquired in two days. Including the previous shares, Xu Zhi's shares in Cheung Kong Holdings have exceeded 25%, which is not far from Li Jiacheng's share of equity.

Wang Liming asked: "Then should we continue to acquire Hutchison Whampoa with all our strength?"

"Of course." Xu Zhi nodded: "Now that Li Jiacheng's funds are fully spent on acquiring the shares of Cheung Kong Holdings, we will go all out to acquire Hutchison Whampoa."

"I understand, I will arrange for someone to do it immediately!" Wang Liming said: "In addition, there is news from Goldman Sachs. The other party has agreed, but the price will be higher and a one-time payment is required!"

Xu Zhi asked: "What's the price?"

Wang Liming said: "51% stock, US$268 million."

"The valuation is US$525 million!" Xu Zhi smiled and said, "Tell the people at Goldman Sachs and promise them."

Wang Liming nodded and said: "Understood, I will go immediately."

Three days later:

Central, Chinese Bank Building, Cheung Kong Holdings Headquarters:

Hong Xiaolian walked in with a stack of documents in hand and said to Li Jiacheng, who was sitting in front of the office contemplating: "Chairman, Evergrande has raised the price again, it is already as high as 15 Hong Kong dollars per share."

"The game is really ruthless. The market value of Cheung Kong Holdings' stock price has been raised to 4.5 billion Hong Kong dollars." Li Jiacheng couldn't help but sigh. In the past few days, he had been using all his funds to buy Yangtze River Industries' stocks on the market, but Evergrande's Bian went crazy and kept raising the purchase price, forcing him to keep up. It slowly rose from 11 Hong Kong dollars to 15 Hong Kong dollars. Cheung Kong Holdings is definitely the most dazzling stock this year. A month ago, the market value was less than 7 billion Hong Kong dollars, which has now risen to 4.5 billion.

Li Jiacheng didn't understand. According to his information, it was impossible for Xu Zhi to have so much money to continue playing like this unless he got help from the bank. And even if he could borrow the money, he would still have to pay it back at such a high price. To buy Cheung Kong Holdings shares, one is either crazy or determined.

However, his funds are becoming increasingly tight. No matter how powerful Shen Bi is at HSBC, it will take some time to continuously allocate hundreds of millions of Hong Kong dollars in unsecured loans. The initial acquisition of Evergrande was delayed by HSBC's procedures for two years. Days later, Evergrande acquired a large number of shares without any hindrance. After the HSBC funds arrived, Yangtze River raised the purchase price, and Evergrande followed suit.

Because they continuously lent him hundreds of millions of Hong Kong dollars, some directors of HSBC were already quarreling over this matter.

Hong Xiaolian asked: "Then should we continue to keep up? The funds provided by HSBC have almost been used up."

"Follow up!" Li Jiacheng said resolutely: "If we lose Yangtze River Holdings, everything will be lost. I will contact Shen Bi again on the funding side. As long as HSBC is willing to help, everything will not be a problem."

Hong Xiaolian nodded and said: "Okay, I understand!"

"The way of the person is the way of the person!" After Hong Xiaolian left, Li Jiacheng sighed. At about this time last year, he and Xu Zhi designed to induce the Kane family of Yingzhou, Yingni, to acquire a large amount of money with them. The company's stock was bid up to a high price, and as a result, the Kane family fell into the trap and lost everything.

From the current situation, Evergrande still uses this trick, but this trick is to defeat Baihui. Unless you don’t want your own company, you can choose to cash out at a high price and make a lot of money. Otherwise, you can just I can bravely push it forward.