We're building a super chaebol in Hong Kong

Influenced by the rising stock price, Jardine Matheson shareholders who still held shares began to sell their stocks.

For everyone, this was good news. Jardine Matheson itself was affected by the real estate crisis, and its stock price was constantly falling.

Unexpectedly, a force was constantly raising Jardine Matheson's stock price. If they didn't take the opportunity to sell, the stock price of Jardine Matheson might soon fall again like the stock prices of other real estate companies.

The traders of Tianyuan Investment Company also welcomed all comers, absorbing all sell orders.

At this time, the big shots at Jardine Matheson were still unclear about what was happening, so naturally, they wouldn't jump in and compete with Su Cheng's subordinates.

Therefore, the sell orders that were placed were basically taken by Tianyuan Investment Company.

It wasn't until after 3:00 PM that the number of sell orders gradually decreased, and this fleeting moment in the stock market quickly ended.

Because, at this time, Tianyuan Investment Company had almost completed its acquisition.

At this moment, there weren't many shares left in the hands of retail investors on the market, so it was normal for the number of orders on the stock market to decrease.

While acquiring Jardine Matheson's stock, the acquisition of Hutchison Whampoa's stock did not stop.

When the stock market closed at 4:00 PM, the results for the day quickly came out.

"Boss, I think you can take over Jardine Matheson Holdings, or even the Jardine Matheson Group. Currently, we have successfully acquired 42.38% of Jardine Matheson's shares and 31.26% of Hutchison Whampoa's shares. The Jardine Matheson shares already allow you to directly take over Jardine Matheson Holdings."

"In addition, Jardine Matheson holds 25.8% of Hutchison Whampoa's shares, while Hutchison Whampoa holds 23.9% of Jardine Matheson's shares. In other words, as long as you take over Jardine Matheson, you can indirectly control Hutchison Whampoa. If you want, the relationship between Jardine Matheson and Hutchison Whampoa can even be reversed in the future, with Jardine Matheson controlling Hutchison Whampoa," Zhang Qizheng excitedly reported.

This would be a new chapter in Hong Kong's history!

The former Hutchison Whampoa was completely incomparable to Jardine Matheson.

But now, Su Cheng was about to directly control these two behemoths at once, which even excited Zhang Qizheng.

After all, he was directly involved in this matter.

They had been planning this for more than two years, and today was finally the harvest season.

"Uncle Zhang, immediately invite major Hong Kong media outlets. In an hour and a half, I will hold a press conference at the Tseung Kwan O headquarters base. At the same time, I will discuss with Mr. Wei Li and Mr. Yang Chaoye to dispatch enough senior management to take over the control of these two companies!" Su Cheng said directly.

He was going to directly announce to the public that he was going to take over Jardine Matheson and Hutchison Whampoa, without giving them a chance to react.

However, with the Jardine Matheson shares and Hutchison Whampoa shares he now controlled, it was basically impossible for the two companies to object.

He had already investigated how many shares the British shareholders of the two groups held.

Even if all the shareholders of Jardine Matheson on the surface were added together, they would not have as many shares as him.

His more than 40% of the shares could directly achieve the purpose of holding a controlling stake in the vast majority of listed companies in Hong Kong, and many only needed a dozen or twenty percent to directly control the company.

For example, the Keswick family, the major shareholder behind Jardine Matheson, only controlled a dozen percentage points of Jardine Matheson's shares. Even if they joined forces with other British shareholders, they would not be able to resist Su Cheng.

Because the Hutchison Whampoa shares held by Su Cheng, plus the shares of Hutchison Whampoa held by Jardine Matheson, had already allowed him to absolutely control Hutchison Whampoa.

After Su Cheng arranged everything, Zhang Qizheng began to notify people to contact the major media outlets in Hong Kong.

An hour and a half, although not long, was enough time for them to get from the city to Tseung Kwan O.

As for Su Cheng, he directly instructed his two capable assistants, Yang Chaoye and Wei Li, at Tianyuan Investment Company to cooperate with him in taking over the management of Jardine Matheson and Hutchison Whampoa.

Upon hearing Su Cheng's words, even these two big shots were stunned.

What?

Their boss had become the boss of two major firms just like that?

They had never heard of this matter before and had no idea that their boss had such a plan.

However, when they thought about the huge amount of funds that their boss Su Cheng now controlled, it was not surprising that he acquired Jardine Matheson and Hutchison Whampoa, and they felt that it was very normal again.

So, they quickly formed a corporate takeover team with sufficient strength.

Now, both the Su Corporation and the Hutchison Whampoa Group are world-class enterprises and have long become internationally renowned enterprises. Their strength has already surpassed Jardine Matheson and Jardine Matheson Holdings.

Therefore, taking over these two giant companies is still not a problem.

At more than 5:00 PM, in front of a stage in the center of the Tseung Kwan O headquarters base, more than 100 media reporters had gathered. These media reporters were enough to represent more than 95% of the news coverage in Hong Kong.

As for those smaller media outlets, there was no need to notify them.

It was impossible to notify all of the hundreds of media companies in Hong Kong one by one.

This was also the first time that Su Cheng held a press conference here in Tseung Kwan O.

The opening ceremony was just a housewarming ceremony. Although many reporters attended, it didn't count as a press conference.

Now, it was truly Su Cheng's first press conference held here.

The reporters gathered under the stage, discussing and speculating about what had happened.

They had to get Su Cheng's approval to enter the Tseung Kwan O headquarters base. They usually couldn't get in at all.

But even if they did get in, they would be accompanied by security guards, so they couldn't just walk around to interview and film.

This was also for the company's safety. The headquarters of most of Su Cheng's companies were gathered here, and there were many confidential matters, so naturally, it was impossible to let them walk around to interview and film at will.

"Quiet!" As soon as Su Cheng's voice fell, the scene suddenly became quiet, as if a pin could be heard dropping.

Seeing that everyone had stopped discussing and was looking at him, Su Cheng nodded in satisfaction.

"Thank you, everyone. Due to the urgency of the time, I hurriedly called you over, and I sincerely apologize. However, there is indeed something very important to announce to everyone today. So, no matter what you hear next, please try to be quiet. After I finish speaking, if you have any questions, I will give you time to ask them, understand?" Su Cheng said seriously.

The title of world's richest man for the past few years had already cultivated an imposing presence in Su Cheng, so as soon as Su Cheng finished speaking, some people at the scene couldn't help but nod, but no one spoke.

They were afraid that if they spoke, they would be driven away by the security guards, and that would be a greater loss than gain.

Seeing the cooperation on the scene, Su Cheng didn't delay any longer and began to announce.

"My Tianyuan Investment Company has successfully acquired 42.38% of Jardine Matheson Holdings and 31.26% of Hongkong Land. Therefore, I am announcing here that I will take over Hongkong Land from today and become the controlling shareholder of Hongkong Land.

In addition, since Hongkong Land and Jardine Matheson have been implementing a cross-holding policy in the past two years, resulting in Hongkong Land holding 25.8% of Jardine Matheson's shares, and Jardine Matheson holding 23.9% of Hongkong Land's shares, after I take over Hongkong Land and become the controlling shareholder of Hongkong Land, Jardine Matheson will also be indirectly managed by me. After this press conference, I will directly control the management of the two groups!" After Su Cheng finished speaking, the people below couldn't hold it anymore. Gasps of air came from their mouths, and some people even screamed involuntarily.

This news was really shocking.

No one had ever thought that Su Cheng would complete such a feat silently.

Jardine Matheson and Hongkong Land are British-funded enterprises in Hong Kong, second only to HSBC Group.

Now, they have been taken down by Su Cheng?

Everyone understood that if Su Cheng really controlled so many shares as he said, then he would directly control these two behemoths. The other shareholders had no power to resist, even if they united to resist, it would be useless.

Moreover, whether it was Jardine Matheson or Hongkong Land, although they were British-funded enterprises, the shareholders inside were not of one mind.

Even if they were of one mind, it would be useless. Their combined strength would not be enough to fight Su Cheng.

So, no one objected to Su Cheng's direct announcement that he could take over these two companies.

If it were someone else, these reporters would definitely not believe it, and even want to laugh at him.

But now, in front of them, was Su Cheng, the world's richest man, holding a lot of cash, recognized by the world!

It was normal for him to take over these two companies, wasn't it?

Even if someone told them that Su Cheng had taken over HSBC Bank, it was estimated that some people would believe it.

"Quiet!" Seeing the chaos at the scene, Su Cheng had no choice but to speak again to stop it.

The scene then quieted down.

However, many reporters raised their hands, hoping to ask questions.

"The reporter from 'Oriental Daily News' will ask the first question." Su Cheng naturally gave his own people the first question.

Amidst envious glances, the reporter from 'Oriental Daily News' asked with a smile, "Mr. Su, I wonder when you started to lay out your plans for these two companies? We haven't received any news about it before!"

"This matter has to be said from three years ago. Three years ago, I felt that Hongkong Land controlled many properties in the core areas of Hong Kong, such as Central, Wan Chai, and Causeway Bay, and was a very high-quality enterprise. I had the idea of acquiring Hongkong Land. At that time, I didn't think about acquiring Jardine Matheson Group, because in my opinion, the value of Hongkong Land was obviously higher than the value of Jardine Matheson, and it was enough for me to take down Hongkong Land.

It's just that I didn't expect that after Jardine Matheson failed in the Wharf competition, in order to prevent Hongkong Land from being acquired like Wharf, Jardine Matheson and Hongkong Land began to engage in a cross-holding strategy. Both sides held a certain amount of each other's shares, which made me interested in Jardine Matheson. Since I was going to acquire Hongkong Land anyway, I might as well acquire Jardine Matheson as well.

So, I ordered my subordinates to absorb the shares of Hongkong Land while also absorbing the shares of Jardine Matheson. After two or three years of accumulation, today, I have finally achieved my goal. The next question is from the reporter from Jia Yi TV."

Su Cheng explained with a half-truthful smile.

Today, even if he said it, the forces behind Jardine Matheson had no power to fight back, so it didn't matter if he said it.

Hearing Su Cheng's words, many people couldn't help but laugh.

Unexpectedly, Jardine Matheson was acquired because it brought it upon itself!

Originally, people only took a fancy to Hongkong Land, but Jardine Matheson engaged in a cross-holding strategy.

Now, not only has Hongkong Land been lost, but even Jardine Matheson itself has been lost.

"Mr. Su, I would like to ask, you used to like to acquire listed companies and then privatize them. Do you have any plans to privatize Jardine Matheson and Hongkong Land?" the reporter from Jia Yi TV asked.

As soon as everyone heard this, they immediately became interested. Obviously, many people were interested in this question.

"For these two companies, my current plan is not to privatize them, so I welcome everyone to hold shares in these two groups. I believe that the future returns of these two groups will definitely not disappoint everyone's expectations!" Su Cheng also said directly.

He really didn't intend to privatize these two companies.

He already had enough privatized enterprises, so there was no need to privatize these two companies.

Moreover, Hongkong Land now owes huge sums of money, and he didn't intend to privatize it and use his own money to pay it back.

What Su Cheng valued was not the current Hongkong Land, but the future Hongkong Land.

Imagine, with the future recovery of Hong Kong's real estate, the entire Hong Kong will be worth every inch of land. At that time, Hongkong Land will be very profitable just by collecting rent every year.

Occupying many core areas such as Central, this is unmatched by other real estate companies.

In the real estate industry, Hongkong Land is still ranked first even today.

Of course, Tianqi Property Company does not count, because although Tianqi Property Company controls many properties, it is only a property company, not a real estate company.

Otherwise, the market value of Tianqi Property Company would surpass Hongkong Land in minutes.

Next, Su Cheng called on several reporters to ask questions, and then ended the press conference.

For Su Cheng, it was enough to announce the matter.

Leave some time for the big shots behind Jardine Matheson and Hongkong Land to take the initiative to find him.

Hopefully, Henry Keswick, Simon Keswick and other people will actively cooperate, otherwise he can only directly dismiss them.

As for the forces behind Jardine Matheson, the Keswick family, Su Cheng was really not afraid of them.

After getting such explosive news material, these reporters, led by the security guards, left the Tseung Kwan O headquarters base one after another.

At this moment, they were in no mood to appreciate the beautiful environment of the Tseung Kwan O headquarters base. They only wanted to go back to the company as soon as possible and let the company's professional editors write news content that was attractive enough to stand out among the newspapers.

Looking at the dispersing people, Su Cheng smiled slightly.

In less than half an hour, Henry Keswick should take the initiative to contact him.

Because it was useless for them to escape.