Reborn Tycoon Rise

In the office of Evergrande Group, Wang Liming listened to Xu Zhi's description and said: "Li Jiacheng's method is indeed operational. Appropriate acquisition and selling. As long as the technique is well controlled, if you want the stock to rise, the stock will rise. If you want the stock to fall, the stock will rise." It will fall, but this time the two companies are operating together, and they must cooperate well, otherwise it will be easy to go too far."

Xu Zhi nodded and said: "The fewer people who know about this matter, the better. You will be responsible for my side. Li Jiacheng's side should also be controlled by his confidants. I don't care how to operate it. You can discuss it yourself."

Wang Liming nodded and said: "I understand. If the operation is good, both of us should be able to cash out more than half of the stocks within a month. As long as the stock price is high enough, we can recover our previous investment."

Xu Zhidao: "Let's do this for now. When half of it is cashed out, Li Jiacheng will recover the cost and transfer the remaining half to me at a low price."

Wang Liming said: "Then they won't regret it then. If Li Jiacheng refuses to sell stocks by then, and we have sold a lot of stocks, then our control over Hutchison Whampoa will be seriously insufficient!"

Xu Zhidao: "Don't worry, it's just that I didn't write down the previous manipulation of the stock price clearly. Contracts have been signed for subsequent transactions, and I still have 28% of the shares of Yangtze River Industrial and the controlling stake of SITC, and the matter of Hutchison Whampoa Until it’s over, they won’t be able to live a good life, and they won’t be able to make waves.”

Wang Liming nodded and said: "Understood!"

…

On October 12, 1979, Evergrande Group announced its withdrawal from the Changjiang Board of Directors due to different business philosophy from that of the Changjiang Industrial Board of Directors, but would continue to hold the company's shares.

The market immediately reacted violently, with countless rumors indicating that Evergrande would withdraw from the board of directors of Changjiang because of the collapse of the control talks with Hutchison Whampoa.

On October 14, Evergrande Group announced that it would borrow US$100 million from overseas US banks to acquire shares of some promising companies in Hong Kong.

On October 15, Cheung Kong Holdings announced that it would sell 110 million Hutchison shares to major shareholder Li Jiacheng at a price of HK$7.5 per share. The board of directors unanimously approved the plan, and even Evergrande also agreed to the plan.

Market analysts believe that Cheung Kong has many businesses and it is inappropriate to mobilize a large amount of funds to participate in the bid for Hutchison Whampoa, lest it affect its own business.

After selling the shares to Li Jiacheng, the source of funds came from Li Jiacheng alone. Many experts believe that although Evergrande is not compatible with Li Jiacheng, considering that it is also the major shareholder of Cheung Kong Holdings, Evergrande competes with Cheung Kong Holdings to acquire Hutchison Huangpu felt a bit like fighting against himself, so he agreed to the sale plan of Cheung Kong Holdings.

On the same day, HSBC announced that it would lend another HK$800 million in low-interest loans to Li Jiacheng to help him complete some strategic investment plans.

For several days, major newspapers began to record in detail the numerous high-quality assets owned by Hutchison Whampoa: several properties in Central, a huge amount of land in Hung Hom, nearly 40% of the terminal business in Hong Kong controlled by Whampoa Dockyard, Watsons, etc. Only then did the world know that Hutchison Whampoa's assets were so outstanding, and its future prospects were bound to be limitless.

Due to news from all sides, Hutchison Whampoa's share price quickly rose to HK$16 on October 17, with a total market value of nearly HK$9 billion, ranking fourth in Hong Kong after HSBC, Hang Seng Bank and Land Group.

"Buy up and not down" is a tradition in the hearts of the Chinese. Many people firmly believe that, like Hutchison Whampoa and Wharf, the future stock price will inevitably be higher. At this moment, Wharf, because neither Jardine Matheson nor Pao Yugang If you are willing to let go, the stock price has been hovering around 70 Hong Kong dollars. More than a year ago, Wharf's stock price had been stable at 123 Hong Kong dollars, and the stock price had risen five times.

The current share price of Hutchison Whampoa was originally HK$5.5, and now it is only HK$16. The increase has only tripled, which is far less than that of Wharf.

A large amount of funds entered the Hutchison Whampoa stock market, and various good news continued to come. Evergrande decided to acquire Hutchison Whampoa shares from Li Jiacheng at HK$20 per share, but Li Jiacheng "rejected"!

Li Jiacheng subsequently proposed to acquire the shares held by Evergrande for HK$22 per share, but was also rejected by Evergrande. After the news came out, Hutchison Whampoa's stock price quickly exceeded 20, and the stock became hard to find...

20 days later:

Wang Liming held a piece of information in his hand and reported: "Xu Sheng, in the past three weeks, we have sold 40 million shares of Hutchison Whampoa. The average selling price was 22 Hong Kong dollars, and the cash was 880 million Hong Kong dollars. If the previous high price is included, With the investment in acquiring Hutchison Whampoa and Cheung Kong Holdings, we made a net profit of HK$400 million during this period."

"Money and silk are so exciting!" Xu Zhi couldn't help but sigh: "In this Xiangjiang, not only the profits from the real estate market are exciting, but the stock market is also the same."

Wang Liming added: "Cheung Kong Industries should have cashed out a similar amount. Recently, due to our large shipments, the stock price has been unable to rise. It is estimated that it will be difficult to cash out at a higher price."

Xu Zhi nodded and said: "Of course, if the stock market can be boosted by you for a while, how can it be boosted for a lifetime?"

The fundamental reason why Hutchison Whampoa's stock has been pulled up so high is that countless speculators believe that Evergrande and Li Jiacheng will not give up the fat meat of Hutchison Whampoa. Although a large amount of hot money has been attracted under various manipulation techniques, Li Jiacheng Hutchison Evergrande Group has been cashing out at high levels. If it weren't for regular counter-takeovers that boosted the stock price, Hutchison Whampoa's stock would have been unable to survive long ago.

Xu Zhi asked: "If that's the case, has Li Jiacheng also cashed out a large amount of funds, and his personal liabilities are almost gone, right?"

Wang Liming nodded and said, "That's right. Not only has the debt been paid off, but he should also have earned two to three hundred million. Not to mention that his shareholding in Yangtze River Industries has been increased to 49%."

"It's really amazing. I'm almost going bankrupt due to debt, but I can still come up with such a trick." Xu Zhi couldn't help but sigh with emotion. The main reason he was able to defeat Li Jiacheng and grab Hutchison Whampoa this time was to gain the first opportunity. Knowing the plans of HSBC and Cheung Kong Holdings, and having far more funds behind him than the other party, he forced Li Jiacheng to spend all his money to protect his company by fighting for Cheung Kong Holdings. Originally, this move was enough to make it difficult for him to turn around in a few years, but he didn't expect that But he came up with the idea of ​​speculating on Hutchison Whampoa's stock.

Wang Liming said: "It's just a pity. If Goldman Sachs could move faster and acquire SITC Bank earlier, we wouldn't have to spend so much effort."

Xu Zhi said with a smile: "It's not that easy. It can be done within half a year. It's already pretty fast. It's a pretty big bank after all. Only Goldman Sachs is so efficient."

Wang Liming said: "Now Hutchison Whampoa's stock has fallen, and there is no profit in cashing out. Do you want to contact Li Jiacheng and buy his stock?"

Xu Zhi nodded and said: "Okay, it's almost done now. We will acquire all the remaining stocks in Li Jiacheng's hands at the price we agreed on at the beginning, 7 Hong Kong dollars per share."

Wang Liming agreed: "Okay, I understand!"

…

On November 1, Li Jiacheng publicly announced that he would sell all his Hutchison Whampoa shares to Evergrande Group and completely withdraw from the competition for Hutchison Whampoa. However, at the invitation of Evergrande Group, Li Jiacheng still served as a director of Hutchison Whampoa. .

As soon as the news came out, all the reporters at the scene were in an uproar.