Reborn Tycoon Rise

"Xu Sheng, the loan from HSBC Bank has been received!" Wang Liming reported in the office.

"Finally, it's arrived. It's been delayed for so long." Xu Zhi smiled. After finally threatening to sell SITC and other banks, HSBC reluctantly transferred the loan and transaction funds to Xu Zhi. Chi's account.

The sale price of US$280 million from SITC Bank was directly transferred to the United States and returned to Goldman Sachs. Because Xu Zhi initially lacked funds when he purchased SITC Bank, he relied on the high profits from gold futures as collateral to borrow from Goldman Sachs. He bought SITC Bank with a sum of money and now sold the bank to HSBC. The money will naturally have to be returned to Goldman Sachs. Of course, Xu Zhi also made a small profit from it.

Xu Zhi asked: "How many shares has HK Electric acquired?"

"Not much, only 3%, and because the transaction has become larger in a short period of time, the price has risen a lot. I have been appropriately suppressing the stock price these days!" Wang Liming replied.

Xu Zhi asked: "What is the share price of Hong Kong Electric now?"

Wang Liming said: "The current stock price of Hong Kong Electric is almost HK$4 per share, and the total market value is almost HK$5 billion."

"It seems that 1 billion Hong Kong dollars is not enough!" Xu Zhi frowned and said, since the acquisition must be at a premium.

Wang Liming said: "Xu Sheng, we can borrow money from the bank separately. If we only want to acquire 30%, it should be about the same. As long as we become a major shareholder, we will have time to slowly increase our equity in the future, and Hong Kong Electric owns a lot of high-quality land. If you come to develop properties, you can use the dividend money to repay the loan, so you can achieve multiple benefits with one stone.”

"Okay, you contact Standard Chartered Bank first. As long as they agree to the loan, they will directly announce the acquisition of HK Electric shares at a premium of 25%." Xu Zhi said directly.

Evergrande is already one of Standard Chartered's largest customers. The land purchase funds for Mong Kok Center, subsequent construction costs, and the funds needed to prepare for the acquisition of Hong Kong Electric will all be borrowed from Standard Chartered. The total may be close to HK$3 billion.

However, this loan amount is not among the top ten in Xiangjiang. This is an era of crazy real estate and stock markets. All Chinese families that can rise in the future are now struggling to develop, and the funds they need are borrowed from banks.

Chen Songqing went from having nothing to being worth billions. Although he used a bunch of scams, bank funds provide countless possibilities.

Yangtze River Industrial is carrying out dozens of large and medium-sized real estate projects at the same time, many of which exceed its market value. However, they are still operating well and leveraged financing is used to the extreme.

3 billion Hong Kong dollars, if Xu Zhi does not allocate the profits from gold futures, plus the previous profits from oil futures and Midea, he can only reluctantly come up with it. However, after using leverage, he only needs a few hundred million funds to acquire dozens of Buildings and large companies with billions of dollars, to a certain extent, knowing the future economic direction, this kind of operation is much more profitable than several arcade games.

Wang Liming asked: "Why don't you acquire it secretly in advance?"

Xu Zhi said with a smile: "This is Li Jiacheng's favorite thing to do. Secret acquisitions can indeed save a little money, but if we announce it in advance, we can decide on the name first. We acquired Hong Kong Electric first. If Li Jiacheng announced it in advance, , we cannot advance or retreat.

Retreat, don't give in!

If it goes forward, it will be another large-scale acquisition war, which will consume money and energy. Investors are not fools. It is probably impossible to replicate the last time cutting leeks.

As long as we announce it first, whether it is Li Jiacheng or other consortiums, they will carefully consider whether to have another battle! "

"Okay, I'll make arrangements right away." Wang Liming left immediately after saying that. Time now is very precious.

"It's getting more and more interesting now!" Xu Zhi said to himself and smiled. His butterfly has become bigger and bigger, affecting too much of the history of Xiangjiang:

Hutchison Whampoa was snatched from Li Ka-shing. In its original history, Hong Kong Electric was first acquired by Land in 1982, and then in 1985, when Land was in financial difficulty, it was sold to Li Ka-shing.

To put it simply, it has taken away two high-quality companies from Li Jiacheng in the future, but the fact is more than that.

In the original history, Federal Real Estate and Cheung Kong Holdings formed a joint company to buy and sell two federal and international buildings. Li Jiacheng made a net profit of HK$600 million in half a year.

Before Hongkong Land acquired Hong Kong Electric, Hong Kong Electric had actually established a joint venture with Cheung Kong Electric on November 20, 1980, International City Company, to jointly develop many of Hong Kong Electric's land sites. Cheung Kong Electric also made considerable profits from it.

Now he is preparing to acquire the Federal and International Building. Once Hong Kong Electric is acquired by himself, it is unlikely that Cheung Kong will get the same opportunity as it did in history in a short period of time.

…

On December 1, 1979, Evergrande Group, which had just successfully acquired Hutchison Whampoa Company, once again announced the acquisition information: it would acquire no more than 400 million shares of Hong Kong Electric Group at HK$5 per share.

When the news came out, the whole Hong Kong was shocked!

Hong Kong Electric Group is the second largest power company in Hong Kong. It monopolizes the power supply of Hong Kong Island and owns a large amount of high-quality land. Although it is not as large as the four major foreign banks such as Hutchison Whampoa, its total market value is as high as HK$5 billion due to its stable profits. , one of the top ten largest companies in Hong Kong by market value.

The market reaction was even more intense. Hong Kong Electric's stock rose 20% that day, reaching HK$4.8 per share.

However, because of the previous lessons learned from Hutchison Whampoa stocks, many people wanted to wait until the end to sell at a high price, but suddenly encountered a settlement between the two major acquirers. Hutchison Whampoa's stock price plummeted rapidly, and countless "shareholders" suffered heavy losses.

The acquisition of Hong Kong Electric broke out, and after waiting for several days, no second consortium appeared. Although the premium was not high, some people decided to settle down.

One week later, Wang Liming found that the acquisition progress began to decline and immediately reported it to Xu Zhi.

After hearing this, Xu Zhi said: "It seems that it is only 25%. Isn't it very attractive?"

Wang Liming said: "Yes, but raising the purchase price will only increase our costs."

Xu Zhi thought for a while and said: "You can make an appointment with Hong Kong Electric's current executive officer for me. I think it's time for us to chat!"

…

HK Electric is the only company among the top ten listed companies in Hong Kong that does not have family control except HSBC. The board of directors has always been just a decoration for the management. Apart from the annual shareholders' meeting, there is basically no force to check and balance the management. As long as serious losses are not incurred, Hong Kong Electric's Taipan can be said to be doing the right thing.

But the acquisition from Evergrande Group instantly destroyed this balance. For many shareholders of HK Electric, the impact was not great, but for the management, Wang Laowu, who had been single for a long time, suddenly met a housekeeper.

How can Hong Kong Electric's current Taipan Connor endure this! But they are just management. Their annual salary in Hong Kong can be said to be millions, but they are powerless in the face of such a multi-billion Hong Kong dollar acquisition. After receiving an appointment from the boss of Evergrande, they immediately agreed.

At the Evergrande headquarters, Connor met Xu Zhi, who was younger than he imagined.

Xu Zhi smiled and said: "Mr. Connor, please sit down!"

"Thank you!" Connor replied politely and said directly: "Sheng Xu, HK Electric has been operating independently over the years, and its profits are increasing every year. If Xu Sheng just wants to invest, I very much welcome it, but if If Xu Sheng wants to run it himself, I am worried that it may damage the company's interests because he is not familiar with the business."

Xu Zhi smiled and said: "I acquired HK Electric naturally because I am optimistic about the current management. If you want to ask this question, I can just say that I am not interested in managing HK Electric. But since I own a real estate company, and HK Electric also owns a large number of properties, and I hope we can have more cooperation!"

"Cooperation is possible, as long as the price is right." Connor nodded and agreed.

"Don't worry, the price is absolutely fair." Xu Zhi also agreed.

Connor nodded, quite satisfied with Xu Zhi's promise. As long as the other party did not forcibly interfere with the company's operations, they could accept appropriate suggestions.

Xu Zhi added: "Mr. Connor, we have currently acquired 7% of the shares. Although we can increase the price and continue to acquire, such an approach will not be of any benefit to Hong Kong Electric. Since I want to invest, I might as well Wouldn’t it be better to give this money to the company and use it for Hong Kong Electric’s future development?”

It is also an acquisition. No matter how much money is spent on acquiring stocks in the market, it will only benefit some shareholders and will not do any good to the company. But if the company increases shares to a certain person, then the money will enter the company's account.

If the company has a major shareholder, it is very easy to be rejected because it will dilute his equity.

Hong Kong Electric is just the opposite. The management controls the company. They don't have any shares anyway, and they don't care if their equity is diluted. After the share increase, they can still get enough funds to develop the company, as long as the new shareholders do not interfere with the company's operations. Why not do it?

For acquirers, acquisitions in the stock market face too many external factors. Even if they are successful, the cost will be greater.

Connor frowned and thought for a moment, then nodded and agreed: "I can agree to this. I will go back and discuss the specific amount with my colleagues."

Xu Zhi smiled and said: "Okay, then I wish us a happy cooperation!"

The internal information of Hong Kong Electric cannot be found online or in some economic information. Historically, Land acquisitions have not encountered resistance, so the plot is passed on like this.