The Wealth Empire Crossing the Hong Kong

Chapter 174 The Grosvenor Family
In the first month of the 80s, the Xinjian Department did not stop much. On the afternoon of the same day when several companies crossed their shares, Wheelock Land held a press conference.

Su Hongtao, chairman of the board of directors of the group, announced that due to the group's strategic expansion, especially the construction of Wheelock Plaza in Tin Shui Wai and Tseung Kwan O, the group will issue additional 30 billion Hong Kong dollars in new shares.

Although the amount is huge, because it is an institutional purchase, it will not be circulated to the stock market in a short period of time, and the impact on the group's stock market will not be too great.

The major families in Hong Kong are undoubtedly concerned about this. Now the market value of Wheelock Land Group has reached more than 41 billion Hong Kong dollars. Once this private placement financing is completed, the group's market value will exceed [-] billion Hong Kong dollars.

Not only surpassing Jardine Land to become the largest real estate group in Hong Kong, but also surpassing the second Jardine Land by nearly three billion Hong Kong dollars. I am afraid that it will be difficult for any real estate group to suppress Wheelock Land Group in a short period of time.

Obviously, Wheelock Land will not fight an uncertain battle, and issued a notice that night, the group and Daoheng Bank, Yuntao Investment Company, Xingsha Investment Company, Zhonghua Trust (Treasure Island Gu Family), Hongwan Trading Co., Ltd. (Fuji Consortium) reached an agreement and submitted it to the Far East Exchange.

It stipulates that the stocks subscribed by several major institutions will have a three-year lock-up period, and cannot be circulated in the market within three years, so as to avoid impact on the group's stock price.

After this round of private placement, Wheelock Holdings Group’s shareholding has been reduced from 67% to 38.7%. The investment company invested 10 million Hong Kong dollars and accounted for 14.28% of the shares, Dao Heng Bank invested 8 million Hong Kong dollars and accounted for 11.27% of the shares, and Zhonghua Xintou invested 8.57 million Hong Kong dollars and accounted for 4% of the shares.

Li Fuzhao, chairman of the Far East Exchange, is very excited. The first company with a market value of more than [-] billion yuan is about to be born, and he believes that with the generous investment of Wheelock Land Group, it may not be long before the Far East Exchange will have a market value of more than [-] billion yuan. market capitalization companies.

On Tuesday morning, before the opening of the market, he personally announced his approval of Wheelock Land’s decision to issue additional shares to several major institutions, which gave Wheelock Land an additional three billion in cash. It has reached 71.63 billion Hong Kong dollars.

Major investment institutions and stockholders were also moved by the good news, and the price of 25.24 rose rapidly.

It's a pity that Li Jianhui didn't make them so happy this time. At ten o'clock in the morning, Xinjian Group issued an announcement that the group would reduce their holdings in Wheelock Holdings by 5% and Huangpu Holdings by 10%.

According to the latest regulations of the Hong Kong Securities Law, Xinjian Group announced today that it will not be able to reduce its holdings until Friday at the earliest.

However, the stock market obviously won't wait until Friday. Wheelock Land Group, which was still on the rise just now, was affected by its parent company Wheelock Holdings. The stock price not only stopped the upward momentum, but turned around and began to plummet.

Because of this announcement, not only Wheelock Land, but also Hutchison Land, Whampoa Holdings, and Wheelock Holdings have plummeted in stock prices, and the stock prices of related companies such as Guanghua Construction, Chinese Land, and Kowloon Construction have also changed.

Countless stockholders and institutional leaders who have just entered the pit are full of resentment towards Li Jianhui and Xinjian Group, which is really too pitiful.

There were so many benefits yesterday, and they planned to make a small fortune in the industries of the Xinjian Department and its allies, but today they were caught in a huge disadvantage.

And these shareholders don't know, just when they are thinking about selling their shares, there are forces quietly absorbing these shares.

As a result, the stock prices of several major companies fell less than 5%, and they began to fluctuate violently. Some smart institutions chose to continue to increase their positions. Only those retail investors with no professional skills wanted to escape, fearing that the stock price would continue to plummet.

Li Jianhui, who was watching the stock market at Wheelock Building, did not expect that Cheng Yaojin would come out, but he didn't know whether the opponent was an enemy or a friend.

His original intention was to let the stock price plummet for two days. On Thursday, several major investment institutions entered the market to sweep up the stock and pushed up the stock price. His side began to gradually increase the volume on Friday.

Unexpectedly, this morning, some forces would start to buy into the stocks of several of his companies. It would be fine if they were purely optimistic about the major companies of the Xinjian Department, but if they wanted to target the Xinjian Department, there might be a lot of trouble.

To be able to stabilize the decline of the stocks of the four major groups, there must be huge funds. You must know that among the four major groups, Hutchison Land, which has the lowest market value, also has a market value of more than 34 billion Hong Kong dollars. Without some strength, it cannot protect the market at all.

Li Jianhui is asking Xinjian Investment to keep an eye on the changes in the stock market, and also asking Wu Jiankun from the Political Research Office to investigate which side is making the move.

"Jianhui, don't bother the political research office to investigate. The Lord has already arrived at the lobby on the first floor of Wheelock Building, hoping to visit you."

Zhou Jiayi's words made him quite surprised. It turned out that the one who made the move this time could be regarded as a friend, the Grosvenor family, the Duke of Westminster in England.

This is also one of the nobles who helped the Xinjian Department to speak before, and according to Zhou Pengfei and Li Zaiwei's report, the Grosvenor family also benefited a lot from the London gold this time, and it is conservatively estimated that there will be at least 10 billion dollars in harvest.

This time, it is the cousin of the current Duke, Gerald Grosvenor, who is only 7 years old when she is 23 years younger than the current Duke.

Li Jianhui didn't know what the Grosvenor family meant by sending such a member who had obtained a master's degree from Oxford Business School but had little business experience to Xiangjiang.

But it was a guest from afar, so Li Jianhui asked Zhou Jiayi to notify the front desk staff in the lobby to invite this person up.

……

"Miss Grosvenor, I don't know whether you drink coffee or tea."

"Mr. Li, you're welcome. Just give me a cup of tea. I'm here uninvited. I hope Mr. Li will be happy."

Li Jianhui did not expect that this blond woman with exquisite face and slender figure could study Chinese.

Perhaps feeling the surprise of Li Jianhui and Zhou Jiayi, Lisa Grosvenor said with a smile: "Mr. Li and Ms. Zhou are surprised that I can speak Cantonese?"

"I heard that Miss Grosvenor has been living in England, but I didn't expect to be able to speak Cantonese fluently. It really exceeded my expectations."

"I have to thank Zhou Pengfei, Mr. Li's good employee. I came to see Mr. Li this time because of three things.

First, on behalf of the Grosvenor family, we hope to strengthen cooperation with Mr. Li. For this reason, our family is willing to show sincerity and prepare to hold a part of the shares of Xinjian's listed company.

The second is that I heard that Mr. Li is going to get married next month. I wonder if our family is eligible to be a guest. I will stay in Xiangjiang during this time.

The third thing is about Zhou Pengfei, the general manager of Lanfeng Investment Company. I hope Mr. Li can fire him, so that he will choose to join our family. "

Regarding the first and second points, Li Jianhui has no opinion. Strengthening cooperation with the Grosvenor family is also conducive to the development of his industries.

It's just that Li Jianhui would not agree to the third point. Zhou Pengfei is his top talent, and Lanfeng Investment Company also needs Zhou Pengfei's leadership.

At this time, only some aristocrats in England knew that this company belonged to him, and it was difficult for outsiders to associate the Xinjian Department with Lanfeng Investment for the time being.

If there was no Zhou Pengfei, he would transfer high-level officials from Xiangjiang, which would definitely arouse suspicion from all walks of life in Xiangjiang.

From Lisa Grosvenor's tone, Li Jianhui could feel that there must be something between this and Zhou Pengfei. Even if it wasn't about marriage, it was still a relationship between lovers.

This man obviously didn't want Zhou Pengfei to continue working for him, and planned to drag Zhou Pengfei to the Grosvenor family.

(End of this chapter)