We're building a super chaebol in Hong Kong

#770 - Friendship in Sioux City

"Mr. Huang, let me get straight to the point. I want to acquire the China Motor Bus shares you hold. Name your price," Su Cheng said, not bothering with any further beating around the bush.

Hearing Su Cheng's words, Huang Chiguang was momentarily stunned.

He hadn't expected Su Cheng to seek him out for the sake of the China Motor Bus shares.

He had pondered all night last night, but the thought of the China Motor Bus shares hadn't even crossed his mind.

This was because, for decades since its founding, no one had ever shown any interest in China Motor Bus.

"Mr. Su, I haven't really considered selling my China Motor Bus shares," Huang Chiguang said, unsure how to respond, simply voicing his thoughts.

Indeed, he had never once considered selling his China Motor Bus shares.

Huang Chiguang was a cautious man, and this extended to his business dealings.

In previous years, he had made a considerable amount of money through his trading company, but he was afraid of losing it all if he expanded too quickly.

Therefore, he had considered becoming a shareholder in a publicly listed utility company with stable income.

After much deliberation, he had settled on China Motor Bus.

With the booming population of Hong Kong, China Motor Bus's annual profits increased year by year, completely unaffected by the sluggish market economy.

Of course, China Motor Bus's annual dividends couldn't compare to those of publicly listed companies with sudden high returns, but its advantage lay in its stability and lack of risk of losses.

Therefore, starting seven or eight years ago, Huang Chiguang had been purchasing China Motor Bus shares at low prices on the market every year.

By three years ago, he had accumulated over 3.5 million shares of China Motor Bus.

And starting two years ago, his trading company began to suffer repeated losses.

At this time, he was very grateful for his decision seven or eight years ago, that he hadn't invested all his money into the trading industry.

Otherwise, the larger his trading company's scale now, the greater his losses would be.

This further strengthened his resolve to support the Yan family.

Therefore, Su Cheng's desire to acquire China Motor Bus shares caught him completely off guard.

At this moment, he felt very conflicted.

The person before him was the renowned richest man in Hong Kong. Would he offend him if he didn't sell the shares?

Hong Kong was so small. If he offended the most powerful businessman, his days in Hong Kong would be numbered.

"Mr. Huang, if you sell me your China Motor Bus shares, I will offer you a price higher than the market price, ensuring you only profit and don't lose. HKD 20 per share, I think that price should be considered sincere. Your cost basis should be around HKD 15.25 per share. You've also received considerable dividends over the years. Selling to me at HKD 20 per share, you'll not only make a significant profit but also receive HKD 74 million in cash at once. It's not easy to sell such a large block of shares normally.

These past few years, the global market has been tough, and I think Mr. Huang should be well aware of that. I've also heard about your trading company; it should have suffered considerable losses in the past two years. If you have such a large sum of capital now, it's a great opportunity. Most importantly, if you sell me your China Motor Bus shares, you'll gain my friendship, Su Cheng's friendship. I have some connections in the trading sector. If Mr. Huang wants to continue in the trading business, I can't guarantee how much you'll earn, but at least I can ensure your company won't suffer losses. That's my promise, Su Cheng's promise," Su Cheng said with a smile.

"Mr. Su, please allow me to consider it," Su Cheng's words made Huang Chiguang feel a bit tempted.

What tempted him was the phrase "gain Su Cheng's friendship."

In Huang Chiguang's view, these words carried a lot of weight.

Riding on the coattails of someone like Su Cheng was much better than relying on an ordinary wealthy family like the Yan family.

Moreover, obtaining HKD 74 million at once was indeed not easy.

Normally, it would be impossible for him to sell his shares on the stock market all at once.

If he didn't sell and instead chose to hold out for a better price, he might obtain even higher profits.

Therefore, Huang Chiguang didn't dare to offend Su Cheng.

"Alright, consider it carefully. After all, it concerns your future. Also, I might as well tell you some news. Currently, the China Motor Bus shares I hold have exceeded those of the Yan family, making me the largest shareholder of China Motor Bus."

Su Cheng didn't pressure him too much, as that wasn't his style.

If Huang Chiguang was his enemy, he would use every means possible to deal with him.

But Huang Chiguang wasn't, and there hadn't even been any connection between them before.

That was why Su Cheng was so sincere, offering his friendship.

Normally, he wouldn't offer his friendship so easily.

Huang Chiguang thought it over and over, and at this point, he couldn't sit still any longer. He stood up from the sofa and paced back and forth in the reception room.

For him, this matter was too unexpected, so much so that he hadn't had the opportunity to think about it in advance.

Huang Chiguang's relationship with the Yan family was not that simple. Two years ago, Huang Chiguang signed a cooperation agreement with the Yan family, stating that under any circumstances, as long as it didn't harm his interests, he would prioritize supporting the Yan family in voting rights.

So, if he didn't sell the shares, once the Yan family and Su Cheng openly competed for control of China Motor Bus, then Huang Chiguang could only support the Yan family at the shareholders' meeting.

What did this represent?

It meant that Huang Chiguang had to directly oppose Su Cheng.

Did he dare?

At least he didn't dare at the moment.

Huang Chiguang wasn't like the Yan family. He was only a shareholder of China Motor Bus and didn't have control of it.

In that case, why should he offend Su Cheng, the richest boss in Hong Kong today, just to support the Yan family.

Moreover, most importantly, Su Cheng was still young.

Being young meant he had a long future!

Su Cheng, at the young age of 22, had already become the recognized richest man in the world, so what would happen in the future?

Offending Su Cheng at this time was definitely not what Huang Chiguang wanted.

With steady and stable development, Huang Chiguang could also join the ranks of billionaires in a few years.

But once he offended Su Cheng, he might not be able to do it.

So, after thinking it over and over, he still decided that he couldn't offend Su Cheng.

Then, there was only one path to take: sell the shares to Su Cheng.

HKD 20 per share was a bit low for Huang Chiguang, who had made a fortune buying so many shares.

But gaining Su Cheng's friendship was a different matter.

That was something that money couldn't buy.

If it was a normal business competition where he held out for a better price, perhaps he could sell for HKD 22 or even HKD 23.

But in that case, he wouldn't have Su Cheng's friendship.

"Mr. Su, I can sell you the China Motor Bus shares I hold, and at the price you proposed." Having figured it out, Huang Chiguang directly agreed to Su Cheng's conditions.

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