The Industrial Giant Reborn

Chapter 115: The First Knife Slashed at British Capital

Hong Kong Stock Exchange:

"It's up, it's up, Hutchison is up, the single stock has broken 2.8, and it's still going up." In the Hong Kong Stock Exchange, countless securities operators looked at the blackboard in front of them, and the positions of Hutchison stocks were constantly being updated , Every ten minutes, there is a rise of a few cents. From the perspective of outsiders, this is not a big deal, but for a giant company with 300 million shares, a rise of one cent represents hundreds of millions of shares. million Hong Kong dollars.

"Send it, send it, we made a lot of money." In the stock exchange, many people were so excited that they almost cried. Among the crowd, the middle-aged man Pharaoh and his curly-haired friend almost burst into tears. They made a lifetime profit in half a day. Everyone would cry out for joy when they were rich.

"Do you want to throw it away now?" the curly-haired man asked.

"No, wait a minute, now that a lot of money has entered the market, there must be big moves in the future." Lao Wang felt that the wealth in one lifetime was not enough, and he wanted to earn more in a few lifetimes.

Similarly, everyone in the stock exchange is so excited. Although Hutchison's stock has become a penny stock, it will inevitably rise sharply if someone buys it. Looking at the stock's increase, the person behind it will definitely not succeed. Will not give up.

In the stock exchange, there were shouts and shouts one after another, and Hutchison stocks took away all the light.

In a corner, Qi Dezun looked at the cheering crowd with a deep expression, while Richard, the vice president of Hutchison, was also silent.

After a while, Hutchison stock rose to 2.9 Hong Kong dollars, and there was no intention of stopping. Qi Dezun asked slowly: "Those wallet accounts are still buying Hutchison stocks?"

"Collecting, not stopping." Richard nodded lightly and said.

"Which family is behind the scenes?" Qi Dezun clenched his fists and said angrily.

"In the past few days, I have used all my connections, and I don't know who it is, but a friend of the bank told me that the person who bought Hutchison may have funds from overseas." Richard said.

"Overseas?" Qi Dezun frowned, there are too many overseas consortiums, who knows which one?

The stock market was still so lively. Qi Dezun and others walked out. Ironically, the Hong Kong Stock Exchange is inside the Hutchison Building. They and the top management of Hutchison watched others in their own territory. The acquisition of Hutchison stocks, but no one can find out.

After returning to his office upstairs, Qi Dezun asked, "Can you find out how many shares the other party already has?"

Richard replied: "We traced the data transactions on the stock market from the beginning of the year to the present, and roughly estimated that the other party has at least 20% of the shares. Considering that the stock price has been falling last year, the data cannot be confirmed and many Minority shareholders have sold their stocks separately, and the other party’s stocks are estimated to be 30%, possibly more.”

"That is to say, the other party may already be the largest shareholder." Qi Dezun said with a frown. During this time, he also tried to find some relationships, but in the current situation of Hutchison, seeing him is like seeing the God of Plague. There is absolutely no way , can only watch as the acquirer who does not know who is constantly increasing his share of stock.

"It's possible, but it's strange that the other party hasn't shown up yet." Richard said.

Qi Dezun thought for a while and said: "The only explanation is that the number of acquisitions has not yet reached his target."

"They want to acquire more." Richard said in surprise. Generally, the acquisition between companies reaches 33.4%, which is basically the same. In this case, other shareholders can only overthrow the major shareholder unless they unite more than 50%. status, but if it already has more than 40%, then even if all other shareholders oppose it, they will not be able to achieve greater voting rights.

Of course, the more difficult it is to acquire later, especially now that the whole of Hong Kong knows that Hutchison is being acquired.

"Richard, immediately make a list that includes all the core figures of the entire Hutchison Group. We need to make an agreement. No matter who acquires Hutchison, it's fine if they just invest, but if they If we want to change the management, then we must unite. Hutchison’s business involves hundreds of types, and it is absolutely impossible for an outside team to get started easily. As long as we are united, once the other party sends any management personnel, we will all go on strike immediately.” Qi Dezun thought for a while and said.

"Okay, I understand." Richard nodded, and the other party has all the shares in his hands. At the legal level, his side has no room to object at all, but as long as his side really advances and retreats together, the other party has to bow his head and demand Otherwise, the whole Hutchison would be in a mess, and no buyer would be careless when Hutchison was so heavily indebted.

This seems to be the only way for Qi Dezun to save himself.

Prince's Building, Galaxy Company Headquarters:

"Chen Sheng, we have acquired 2.8% of the shares in the hands of 7 shareholders in the UK. In addition to the acquisitions in the stock market these days, we already have 40.1% of Hutchison shares. Only in the secondary market, there are many Other capital and small shareholders are hoarding Hutchison stocks in large quantities, and we may have to spend a lot of money if we want to acquire the remaining 5%." In the meeting room, Zhou Jiayang was reporting the latest results.

"The stock price has risen to 4 yuan, which is three times that when we started the acquisition." Chen Zhiwen also knows these things. According to the current price, his goal is 45%, which means it will cost 50 million Hong Kong dollars to acquire The last 5%, but in fact, if you enter the market yourself, it will only cause greater hype, and the stock price may double again. For example, in the last battle of Bao Yugang’s acquisition of Wharf in history, the stock price directly soared to 105 Hong Kong dollars , and it was usually only twenty or thirty Hong Kong dollars before.

The takeover war is like this. The cost of stealthy acquisitions in the early stage is very low, but in the later stage, when too much money enters the market, the cost will rise sharply. If it is not for the dispersion of Hutchison's equity, and the stock has fallen into penny stocks in the past two years, It is also impossible for Galaxy to have the opportunity to acquire 40% of the level, or even 25%, unless it takes a few years to acquire slowly like Wharf.

"Yes, this kind of cost is too high. Since we already have 40% of the equity, HSBC has no objection. We can directly enter Hutchison, and then we can increase our equity through targeted share increase. It will be lowered a lot." Zhou Jiayang suggested.

"Alright." Chen Zhiwen nodded and said.

"Dong dong dong" At this moment, there was a knock on the door outside, An Qi walked in and said, "Sheng Chen, Mr. Shen Bi from HSBC has a call."

"Okay, come in." Chen Zhiwen said, because his office phone often receives calls from advertisements, such as buying a house or a car, so in many cases, the telecommunications personnel set up the transfer function, and the assistant answered the call first, which was useless The ones that are useful are filtered out, and the ones that are useful are reintroduced.

"Then I'll go out first." Zhou Jiayang felt that it was not suitable for him to stay here.

"It's okay, it's probably related to Hutchison." After Chen Zhiwen signaled that he didn't need to leave, he picked up the phone and said, "Mr. Shen Bi, hello."

"Hello, Chen Sheng." Shen Bi, who was facing him, said with a smile, "There is one thing that I didn't tell you before, that HSBC has actually held 3.58% of Hutchison's shares."

"Then Mr. Shen Bi means that you can resell it to me." Chen Zhiwen was overjoyed. He called at this time and told himself that he had no other purpose, so he said, "I'm willing to buy HSBC at a price of 6 Hong Kong dollars a share." All Hutchison stocks."

Although it is 50% higher than the current market price, in fact, if you want to acquire so many stocks in the market, you must pay a higher price, and it will take a lot of time. Explain the attitude of HSBC.

"Yes, you can send someone over to sign the contract when you have time, and if there is no problem, you can trade on the spot." Shen Bi said.

"Okay, I'll send someone there immediately." Chen Zhiwen said.

The two hung up the phone after exchanging polite greetings. Chen Zhiwen said to Zhou Jiayang: "HSBC has 3.58% of Hutchison shares in its hands and is willing to sell them to us. You go to HSBC immediately, An Qi, and ask the legal department to prepare the contract, and then Fax to HSBC."

"Okay." Zhou Jiayang agreed, and said: "With the stock of HSBC, we only need to buy a little more in the stock market to reach 45%. As long as it is announced, we can directly take over Hutchison Group. "

"Yes, we will announce it as soon as we get the HSBC stock." Chen Zhiwen took a deep breath and said, "Shen Bi's willingness to sell his stock to me is enough to show his attitude."

After staying in Hong Kong for 3 years, I am finally going to attack the most powerful British capital in Hong Kong. This knife is directly a dragon-slaying knife, so that the other party has no chance to resist.

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