The Wealth Empire Crossing the Hong Kong

Chapter 106 Additional Issuance of Shares
After Black Monday, even if the stockholders don't want to, Tuesday still comes.

At nine o'clock in the morning, Li Jianhui, as the chairman and president of the Wheelock Group, came to the Hong Kong Stock Exchange in person to explain to the shareholders about the group's financing of additional shares.

In the face of major media reporters, representatives of investment institutions and many stockholders, Li Jianhui stood on the stage very calmly, and the stock price of Wheelock Group in the stock market was still falling, which did not affect his mood at all.

"Shareholders of the Wheelock Group, this time our group will issue new shares, mainly to support our Wheelock Properties Group, the first is to develop the Wheelock Plaza project in Haojiang New City, and the second is to promote the Tseung Kwan O area and Tianshuiwei development of the area.

The real estate industry of Xiangjiang is entering a high-speed development channel. In the future, the group will gradually reduce the shipping business and focus on the real estate industry.

I believe that the future development of Wheelock Group will never let you down, and I hope that all shareholders will continue to trust and support the development of the Group.

......"

Li Jianhui spoke for nearly ten minutes, and then answered several questions from reporters. At [-]:[-], the Hong Kong Stock Exchange officially opened for trading, and additional shares began to flow into the market under the operation of several major institutions.

Xinjian Investment Company absorbed 49.9% of the newly issued shares at the opening price in accordance with the shareholding ratio, and the other shares were operated by Bank of East Asia, Dao Heng Bank, and Sun Hung Kai Securities.

Since Wheelock Group is controlled by Xinjian Investment Company, Xinjian Investment Company cannot complete the additional issuance this time.

Due to the current pessimistic sentiment towards Wheelock Group in the market, the stock price in the circulation market of additional shares fell further.

Fortunately, Li Jianhui had already made preparations, and companies such as Xinhui Group, Haojiang Entertainment Company, Daoheng Bank and others began to buy shares of Wheelock Group in the stock market.

As a result, the stock price of Wheelock Group was fluctuating all morning, and the stock price could not go up or down.

As of the market close in the morning, there was only one leading company whose share price had plummeted, and that was Xiangjiang Electric Company. The stock price had even fallen below the price before Li Jianhui entered the market.

However, the other two companies, Wheelock and Hutchison Whampoa, who were in distress with them yesterday, were in shock and did not continue to fall like Heung Kong Electric.

Wheelock Group has several major investment institutions backing it up, and it is understandable that the stock is in shock, but it is abnormal for Hutchison Whampoa to also have such a situation.

In particular, the major investment institutions found that the circulation of Hutchison Whampoa shares in the stock market was gradually decreasing. Compared with yesterday, it was more than half less.

Li Jianhui doesn't care what the unexpected world thinks, he has basically got the bargaining chip he wants, and even if HSBC finds out, it will be powerless to stop him at that time.

The Peninsula Hotel, the place where Kelun Standard Chartered celebrated with several executives of Heung Kong British Group yesterday. Li Jianhui, Chen Zhiyong, Feng Jingyao, Feng Jingxi, Li Guobao, etc. celebrated the successful completion of the additional stock issuance of Wheelock Group.

Li Jianhui picked up the wine glass in his hand and said: "Thank you for your help, I would like to offer you a toast.

First, thank you for allowing Wheelock Group to complete this financing, so that Wheelock Group can develop faster.

The second is to thank you for your participation in Hutchison Whampoa shares. The combined shares of our several companies have reached 35.4%. It can be said that the probability of Hutchison Whampoa Group winning is as high as 80%. "

Chen Zhiyong didn't know until now that his future son-in-law played a set of Ming Xiu Plank Road to secretly hide Chen Cang.

In vain, yesterday I was still worried that he would be hit by Xiangjiang Electric, but this guy never thought about buying Xiangjiang Electric.

Whether it's on this, or the media's continuous statements are just to disrupt the situation and confuse the public, the target has always been Hutchison Whampoa controlled by HSBC.

Feng Jingxi smiled and said: "Li Sheng is too polite. The Xiangjiang British consortium has suppressed the development of our Chinese capital for hundreds of years. Your acquisition of Hutchison Whampoa will be of great benefit to the future development of our Chinese capital. How can we not help you? Woolen cloth?"

Feng Jingyao and Li Guobao also spoke out one after another, telling Li Jianhui not to be polite, the Hong Kong British-funded consortium is everyone's common enemy, and they should do their part.

Only Chen Zhiyong was not polite to Li Jianhui. As Li Jianhui's master and Li Jianhui's future father-in-law, Li Jianhui should toast him.

"I won't talk too much. I will remember everyone's love. In the future, if you have something to do, I will never stand by. I also believe that our industries will develop better and better in the future."

Whether it is Feng Jingyao, Li Guobao, or Feng Jingxi, they help Li Jianhui mainly because they hope to deepen the relationship between the two parties. Now Li Jianhui has already dived into the sea.

Maintaining friendship with Li Jianhui, or even forming an alliance, is of great benefit to their own family.

For example, this time, not only can they sell Li Jianhui as a favor, but as long as the news spreads that Li Jianhui has become the largest shareholder of Hutchison Whampoa, the stock price of Wheelock Group will inevitably skyrocket, and they will benefit a lot.

Moreover, many industries of Li Jianhui will be listed in the future. There is no problem for them to use this relationship to become a market maker. It will not only expand their influence, but also allow them to obtain huge profits.

"Jianhui, you also know that I mainly rely on my family, and I am not outstanding in business. In the future development, if there is an opportunity, I hope you can take me with you."

Li Guobao said that his ability is not outstanding, so everyone just listened to it. How could he be an incompetent person who can stand out from the big family and become the next generation heir.

Li Jianhui also knows that this is an elite in Hong Kong's financial industry. In his previous life, Bank of East Asia has been able to rank first in Hong Kong Hua Capital Local Bank, which is inseparable from his hard work.

"Brother Guobao is too modest, I am far behind you in terms of finance, in the future I hope Brother Guobao can give me some advice.

If there is an opportunity to make money in the future, I will naturally not forget everyone. After all, I can't make all the money in the world by myself.

For example, in Tseung Kwan O and Tin Shui Wai, if the Chinese real estate under Guobaoge has sufficient funds, they can buy more land. In the next few years, the focus of my industry will be in these places.

For example, Jiayi Group, Huihong Game Company, Wheelock Land, etc., all have their headquarters in the Tseung Kwan O area. "

Not only Li Guobao listened to what he said, but Feng Jingxi also listened to it. Although he has left Sun Hung Kai Properties, he is still the director and one of the major shareholders of Sun Hung Kai Properties.

Li Jianhui is planning to enter Tseung Kwan O on a large scale, and the government also intends to develop that area. It is necessary for him to suggest that Guo Desheng and Li Zhaoji should pay attention to the Tseung Kwan O area.

Although all major real estate companies are clustered in Hong Kong Island and Kowloon, with Li Jianhui's rapid development, Tseung Kwan O will become a hot spot in a few years.

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(End of this chapter)