Traversing the courtyard

Weidong is not welcomed by foreigners in Xiangjiang, even now that he is rich, he is vaguely resisted by foreigners, he can get by on face, but behind the scenes it is still the same as before, just like this kind of private equity transaction, it will not let him Weidong has the opportunity to participate, and everyone is guarding against Weidong's participation in a foreigner's company.

Now that there is a breakthrough from Phyllis, Weidong intends to use Phyllis' hand to acquire shares that he cannot buy.

Felice's eyes lit up, Jardine's shares were not easy to buy, but she was at the top of Hong Kong's high society, with access to all family and company executives, and with connections and financial support from Weidong, she could buy them. If you get a large amount of equity, your net worth will increase rapidly, and your social status will greatly increase.

Xi said: "Thank you, I will help you buy more equity."

Phyllis just thought that Weidong wanted to buy more for investment when the stock price was low. After all, Weidong sold billions of stocks at the high point last year, earning no less than 30 billion Lilan. In addition, Weidong only bought Yingzhou Cement before, and now it is the only listed company in Weidong's hands. Many people think that Weidong has no interest in acquiring these companies in Xiangjiang , Money is just to diversify investment in the international market.

After Weidong finished talking about buying stocks on behalf of others, Amei, who was lying behind Weidong, felt that she was being left out, and couldn't help but put her hand on Weidong's bear waist and stretched it down. When they met in the grass, the two women looked at each other and smiled, and cooperated tacitly to continue exploring.

Wei Dong just closed his eyes and concentrated on appreciating the caring service of the two of them. He didn't have the intention to go back at first, so let's enjoy the blessing here.

On the contrary, the stock market fell more and more people were selling. Lu Meifeng has been buying frantically, and can spend 2000 to [-] million in a day. I placed an order to sell the shares in my hand, settled the compensation, and vowed never to buy stocks again. The experts on TV are all liars. After shouting for a year, the market still has no hope of bottoming out. I lost most of it, and only one or two stocks were left after selling the stocks.

Weidong has more and more stocks in his hands, and sometimes he can also buy shares transferred from some shareholders from the big family room. The only remaining channel is that there are not many sales now, and it is difficult to come across.

Today's acquisition here is completed, costing more than 2000 million. Just as Wei Dong returned to the office upstairs, Lu Meifeng reminded: "Boss, there will be Hutchison's shareholders meeting tomorrow, and Chairman Qi Dezun just called again to say that you must attend tomorrow." .”

"Oh, didn't you say what it was?"

Wei Dong asked casually.

Lu Meifeng replied: "Chairman Qi Dezun didn't say anything, but Hutchison has not been doing well recently, and it is said that another 5000 million loan is due and needs to be repaid."

"So much? Hutchison is in trouble this time."

Lu Meifeng hesitated for a while before saying: "The boss is not talking about me, Hutchison is just a big hole, and the amount of money is not enough to fill it. After this one, there will be many loans. You can't lend them any more money."

Wei Dong smiled and said, "Then I won't borrow it anymore, how about keeping it for you?"

...

Lu Meifeng said angrily: "He's telling you something serious, why do you say that about me? I don't spend much."

It's true that there aren't many flowers. What Weidong likes is a girl with a good personality, and there are no unreasonable girls. Only Phyllis is from a good background, and everyone else is from an ordinary family.

Now Weidong is equipped with a villa and a car. The cosmetics and jewelry fashions for daily use are all managed by his own company. Just go and buy them directly. There is no other expenses. They give the daily necessities to their parents. Wei Dong didn't stop him either.

Weidong just smiled and asked a few words, and he knew the current situation of Hutchison. In just two years, the number of affiliated companies has expanded from nearly 300 to more than [-]. Now the stock market is experiencing a big crash. It seemed normal before. The expansion of the loan has now become a life-threatening spell, leaving Qi Dezun no chance to breathe.

The next morning, Weidong and Lu Meifeng came to Heji Building together and took a rest in the small living room. Qi Dezun came in and smiled, gave Weidong a hug and said, "Yi Sheng, you are finally here. Miss you to death."

Wei Dong was very uncomfortable with this enthusiasm and said: "We are old friends, so don't be so polite."

Qi Dezun sighed and said, "Yi Sheng, Hutchison is in trouble this time. This loan is due soon, and we urgently need 5000 million in cash, but now the company has nothing to mortgage."

Now Weidong knew why Qi Dezun didn't ask him for a loan directly. It turned out that there was no collateral, so a meeting of the board of directors was needed to discuss.

Weidong recalled the previous grievances. Although he and Qi Dezun had a better personal relationship, it was only relative to other people. Just like the last time he was assassinated, Qi Dezun still stood with other foreigners.

Wei Dong just smiled and asked: "Is this really the case? I just re-invested in Hutchison again!"

Qi Dezun sighed again: "I didn't expect the stock market to be only 170 points right now, and there is still a downward trend. It seems that there is no hope for recovery in the short term."

Except for Weidong who knew the result, no one else thought that the stock market would fall from 1770 to the current 170, which is less than one-tenth of the previous level. Although 177 is not an integer mark, it is exactly one-tenth of the point Today, after the fall, the stock market is crying again, and the number of selling orders has increased a lot, allowing Weidong to eat a lot of chips.

Wei Dong comforted: "Don't worry, I'm optimistic about Hutchison's future, as long as we get through the difficulties of these two years, we'll be fine."

Only when Hutchison is pushed to the point of nowhere, can I have the opportunity to take a stake in Hutchison and take control of this big foreign firm. Now it is just a slow knife to cut flesh.

Weidong would not provide funds to Hutchison without seeing any benefits.

When Qi Dezun saw that Wei Dong was just talking about the situation with Tai Chi, he could only smile wryly. Among the five foreign firms, his own record book is the worst, and he is frequently on the verge of bankruptcy.

The two chatted for a while, and then Qi Dezun invited Wei Dong to the conference room. The other directors were already seated, and he was very surprised to see Wei Dong. He did not expect to see Wei Dong himself here.

Hutchison International has a total of nine director seats, and the major shareholders, the Qi Dezun family and HSBC each occupy two seats. Among them, Richard Richard and Chen Maoxun in the management team each occupy one director seat for the Qi Dezun family and HSBC, and the remaining two directors They are Jardine and a British-funded company, but generally they do not attend the board of directors.

...

Jardine Matheson holds 3% of the shares in Hutchison, which is not much, but this is already a relatively large proportion of individual shareholders. In addition to the strength of Jardine Matheson, it has a directorship.

Another British shareholder, Flynn, happens to hold 5% of the shares. In the absence of a concentrated shareholding, he has a directorship, and he himself serves as the director of the company.

Weidong owns 5.5% of the shares, so he also has a seat on the board of directors, and two seats for the management. In this way, Qi Dezun has four of the nine seats in his hands. As long as he has a tacit understanding with another person, Qi Dezun can take control The board is up.

Seeing Wei Dong coming in first, they all stood up and greeted each other with a smile. He had participated in the board of directors of Hutchison many times before, and was no stranger to these directors. Wei Dong responded one by one before sitting down in his seat.

In a blink of an eye, he came to this position again, and Wei Dong couldn't help but feel a little bit emotional, and he didn't know when he would be able to take over Hutchison.

Mr. Qi Dezun welcomed Wei Dong to become the director of the company again. Wei Dong got up to greet him, and everyone gave warm applause.

After a brief welcome, Qi Dezun talked about the company's difficulties. Seeing that the 5000 million debt was about to come due, the company didn't have any extra money in its account to repay the debt.

Flynn asked first, "How much debt has the company had in three years?"

Qi Dezun didn't want to answer this question, originally he wanted to solve it slowly, but faced with the inquiry, he had to say: "There is a large debt of 1.75 million before the end of next year, and there will not be many others next year."

Jardine's director asked, "How much is the long-term debt?"

Qi Dezun said: "There are more than one billion long-term debts, but the cycle is relatively long, and the minimum is more than five years. I believe that as long as Hutchison survives the current difficulties, those debts will be fine."

The reason is the same, but the current stock market is in a downturn, the world economy is sluggish, and there is no sign of improvement. Everyone has their own judgments in their hearts. The rapid expansion of the past two years has caused these directors to get lost. They have borrowed many large sums of money. This bitter pill is about to be swallowed now.

Qi Dezun said helplessly: "Right now, all the company can mortgage is mortgaged. Whether to inject capital to solve the 5000 million yuan or sell the company's assets, we will study the result today."

The debt will soon be due, and the other party will not give Hutchison a grace period. If there is no agreement on a result, the company will have the risk of defaulting on the contract.

Flynn still said first: "I am opposed to investing cash in the company again. Now that the company is too large, I think it is better to sell or mortgage part of the equity."

Now everyone is having a hard time, even if they have cash in their hands, they will not easily take it out and invest it in the bottomless pit of the company, not to mention that everyone may not be able to take out their own share of cash right now.

"That's right, if you don't have any money now, let's mortgage or sell the shares." The representative of HSBC looked at Weidong.

HSBC is also having a hard time. After the stock market plummeted, many loans have turned into bad debts, especially large equity mortgage loans. The original inflated market value of the loan was originally inflated. After the stock price plummeted, the lender looked at the collateral Redeeming it is not worth your own loan at all, even if you have money and don't redeem it, then it will be a loss-making business.

...

HSBC wanted to cry with those shares, so it could only hang up the account.

Everyone except Qi Dezun and the management objected to taking out cash and putting it into the company. It's not just this one loan. There will be more loans next year, so we can't take cash by ourselves every time.

Qi Dezun also knew that this option was not realistic, so he just tried to mention it once, and it would be best if everyone agreed. It was expected that this was rejected, and he knew it was the result.

Said: "Since we all feel that this method is not good, let's study which companies are used to mortgage loans."

After finishing speaking, most people turned to Weidong. Now that HSBC is tightening its monetary policy, it is extremely harsh on foreign lending. Especially this kind of equity mortgage loan is very difficult to obtain HSBC's loan. Other banks have similar policies. Weidong Previously, they instructed Autumn Rain Bank to directly suspend equity mortgage loans, and only accept mortgages for real estate, machinery and other materials.

Although Weidong has confidence in the future market, there are too many companies in Xiangjiang going bankrupt. If Weidong can mortgage Weidong, he is afraid that they will end up with bad debts, so it is better not to lend money to be safe.

Wei Dong smiled and said, "Why do you all look at me?"

"You are the God of Wealth, who do you turn to if you don't want a loan?" Flynn laughed.

Wei Dong shook his head with a smile and said, "There are people from HSBC here. My Autumn Rain Bank can't even rank in the top five in Xiangjiang, so please don't press my hat indiscriminately."

Now even the Bank of East Asia is larger than the Early Rain Bank, which is only a middle-level bank.

Everyone made fun of a few more words, and the matter was over.

After coughing, the representative of HSBC rushed ahead of Qi Dezun and said: "Our bank is dealing with bad debts, and we are still tightening our money for a short time, and there is no extra money to lend."

As the director of the company, HSBC is not incapable now, but it has no right to agree to the 5000 million loan itself.

When Qi Dezun insisted that he also attend the board of directors before, Weidong had guessed that most of them thought about getting another loan from Autumn Rain Bank to fill the current shortage of funds. Now it seems that Qi Dezun really wanted to find himself another loan to solve The current dilemma, but Weidong can't agree first, it depends on how the meeting discusses it.

Qi Dezun sighed secretly, seeing Wei Dong calmly playing with the ballpoint pen in his hand, it seemed that he was the only one who pointed it out directly.

"Yi Sheng, only you can save Heji right now, don't worry, we will use shares as collateral for the loan."

Li Chaxin said: "Yes, Yi Sheng, right now Xiangjiang is the only one that has the ability to save Heji."

"Yi Sheng, you don't want Hutchison to be liquidated for breach of contract, do you?" Chen Maoxun said.

This is a target. Not only the management of Hutchison came to persuade Weidong, but also the representatives of HSBC and Jardine also opened their mouths to lobby, as if Weidong had become Hutchison's savior.

Wei Dong also intended to make He Ji owe him more. Seeing everyone's persuasion, he pretended to be helpless and said: "Why do everyone say that, then I can provide this loan in principle."

"Great."

"I knew Mr. Yi was righteous and a hero."

Even the heroes came out so flattered,
Weidong agreed, so let's discuss what kind of mortgage, he can say anything, and fell into a dispute for a while.

Wei Dong also recalled that Qi Dezun didn't just talk about the loan before, maybe because he was afraid that Wei Dong would refuse in person. Besides, such a big matter needs to be discussed in the board of directors. After all, it is a mortgage loan of 5000 million Hong Kong dollars, and important matters need to be notified director.