We're building a super chaebol in Hong Kong
#854 - Purpose of the call
Henry organized his thoughts before speaking, "Mr. Su, I'm Henry, do you remember me? I worked for you at the London Stock Exchange for a while more than three years ago."
There was a pause on the phone, and Su Cheng didn't respond immediately.
Just as Henry and Erki Asensio thought Su Cheng was about to hang up, unexpectedly, Su Cheng didn't hang up the phone.
At this time, Su Cheng recalled the events of more than three years ago.
In March 1976, after learning from Xiao Ai that the London stock market would experience a very exciting surge, Su Cheng went to London early, intending to make a fortune in this small bull market.
The result, as he had planned, was that with a principal of five million pounds, Su Cheng ultimately obtained a capital of more than twenty-five million pounds.
Su Cheng had a relatively deep memory of this young man, Henry, after all, they had worked together for half a month. This young man indeed had a strong talent in finance and provided Su Cheng with a lot of needed information.
Because of this, Su Cheng cherished his talent at the time and wanted him to return to Hong Kong with him, but unfortunately, the other party refused.
At that time, Su Cheng only felt a little regret, but nothing more. He left a phone number for him, telling him that if he ever changed his mind, he could call Su Cheng at any time.
Thinking of this, Su Cheng suddenly understood and thought that the other party might have encountered a bottleneck in his work, and given his current fame, he wanted to jump ship and come over.
So, Su Cheng said with a smile, "I remember, of course, I remember, Henry, could it be that you've thought it through and want to come to Hong Kong to work? I welcome you at any time. My Tianyuan Investment Company lacks talent like you!"
Henry was speechless after hearing Su Cheng's words.
After a while, Henry replied awkwardly, "Mr. Su, you misunderstood. I didn't come this time for that matter, but I have something very important to discuss with you."
"Is that so? Then tell me about it," Su Cheng also became curious.
"I remember Mr. Su once said three years ago that you are very interested in investing in some large enterprises. It just so happens that the fund company I work for is now planning to sell a very large amount of stock, and at a price lower than the market price. I wonder if Mr. Su is interested?" Henry finally stated the purpose of this visit.
Henry also knew that beating around the bush was useless, so it was better to be direct.
"Oh? Tell me, which company's shares are they?" Su Cheng asked with a smile.
If it is a stock held by a fund company, it will indeed be very large. After all, fund companies serve a large number of investors. With the support of so many investors, the funds they can operate will naturally not be small, so investing in the stock market generally easily makes them one of the important shareholders of this listed company.
"Mr. Su, it's HSBC's stock. This stock has performed very well in the past ten years. HSBC is also a Hong Kong company. Mr. Su is in Hong Kong, so you should have enough understanding of this company. I wonder if Mr. Su is interested in HSBC's stock?" Henry continued.
"HSBC's stock?" Su Cheng thought he had misheard.
Just the day before, in the office of Tianyuan Building, he had specifically learned about the HSBC stock he currently held. Unexpectedly, the next day, someone came to him and told him that they wanted to sell HSBC's stock, and the amount was still quite a lot?
What kind of luck was this?
"Yes, Mr. Su, you heard correctly. We currently hold approximately 3.58% of HSBC's shares, making us one of the top ten shareholders of HSBC. Our fund company is called Morley Fund Management. This information is public. If Mr. Su wants to inquire, you should be able to find our information in HSBC's public information," Henry continued to introduce.
"Not bad, I'm quite interested. How much are you asking for?" Su Cheng asked calmly.
Of course, HSBC's stock must be taken down. It would be a pity not to take such a good opportunity.
You need to know that he has been secretly operating through Tianyuan Investment Company for more than half a year, plus the 1% of the stock that HSBC begged him to invest in, and so far he only owns 5.89% of the shares. But now, 3.58% of the shares have come to his door. It would not be his style not to take it down.
Once he takes down 3.58% of the shares, plus the original 5.89%, it would be equivalent to him owning 9.47% of HSBC's stock. This amount of HSBC's stock is enough to make him the largest shareholder of HSBC.
If it were to operate normally, it would take him at least half a year or even a year to secretly acquire this 3.58%, but now he can buy it directly, and at a price lower than the market price. This is indeed considered good luck.
Because Su Cheng knows that the future stock price of HSBC will only increase, and even in the 21st century, its total stock value can rise to more than two trillion Hong Kong dollars.
That is to say, the later the acquisition of HSBC's stock, the higher the cost will be.
Before Su Cheng becomes the controlling shareholder of HSBC, he does not intend to interfere too much in HSBC's business, but intends to let it develop naturally.
The newest novels are first published at Liu Jiu Shu Ba!
This opportunity, they bet right!
"Mr. Su, the general manager of our fund company is right next to me. I'll let him talk to you." Regarding the price, Henry chose to hand the phone over to Erki Asensio, after all, it's better for the general manager to speak.
"Okay," Su Cheng said indifferently.
After Erki Asensio took the microphone, he calmed down his mood before saying, "Hello, Mr. Su, I am Erki Asensio, the general manager of Morley Fund Management. Currently, we hold 3.58% of HSBC's stock. According to today's closing price of HSBC, the market value of this share is 224 million pounds. If Mr. Su acquires it, we will give you a discount and directly trade it at a price of 200 million pounds!
To be honest, our Morley Fund Management is currently facing financial difficulties, which is why we are determined to sell HSBC's stock. Under normal circumstances, we have no intention of selling HSBC's stock. It has always been a company that our Morley Fund Management is very optimistic about. This price is already very sincere. We are selling at a price lower than the market price because we are in urgent need of money. If Mr. Su can accept all of it at once, it will also help us overcome a difficult time."
(End of this chapter)
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