Start from 1980

Chapter 784
But stabilizing the position of the first shareholder does not mean sitting firmly on the Diaoyutai.

Teacher Su had a hunch that maybe the Shi Yahuai family and his fellow British fellows would launch an anti-monopoly investigation against Shengshi next.

This is the most likely and only possible killing move for the British.

There are countless antitrust cases in various countries.

For example, Standard Oil is the most powerful trust in the history of the United States. It was sued and attacked by the US government for more than 20 years, and was eventually split up. This case provides an important reference for antitrust in the United States and the world.

The prosperous age is a trust based on financial control.

Although the controlled companies maintain independence in form, they are actually subordinate to the parent company in charge of the trust's stock control amount. It is a holding company that exercises financial control over other companies by holding stock control amounts.

A trust is one of the advanced forms of a monopoly.

……

After a few days of fighting, the largest shareholder of Swire Pacific is Shengshi Holdings, with less than 7% of the scattered chips in the market, which is not enough to affect the two giants' struggle for hegemony.

The next day, Swire Pacific's board meeting was held as scheduled, and the scene that shareholders were most worried about finally happened. Tang Wanru, known as the sniper goddess of the Hong Kong Stock Exchange, took up the post of chairman of Swire Pacific to warm applause.

As soon as this news came out, it immediately made people feel cold from head to toe.

Subsequently, the reorganized board of directors issued another announcement:
In order to enable Taikoo to develop better, it will actively introduce foreign capital and vigorously develop the foundation of Taikoo...

As soon as the news spread, the price of Swire shares fell to HK$30 a share in an instant, and it continued to plummet throughout the day. It was only at the end of the day that there was weak buying support, and the closing price was fixed at HK$20.23 a share.

It can break through the 20 yuan mark.

In the following period of time, the price of Swire shares has been in a slump, hovering in the range of 17 to 19 Hong Kong dollars per share, and the performance is very sluggish.

Since the stock price has always hovered at a low level, for the Swire Group, which relies on financing to do more, it is dancing on the blade, and it will disappear if it is not careful.

Keep gritting your teeth and sell stocks at low positions to cover your positions, so as to prevent all positions from blowing up.

It's completely bloodletting to survive!

Shengshi Holdings has been absorbing at a low level. The current Swire stock seems to have bad luck, and the stocks of several Swire listed companies are sluggish. Even the old investors who have been in the stock market for many years dare not touch it, for fear of causing eyebrows. .

Over the past few days, the cost of Swire’s long financing from securities firms was as high as 165 Hong Kong dollars per share, but they had to make up for it at less than 20 Hong Kong dollars per share, resulting in a loss of more than 100 Hong Kong dollars per share.

What's even more frightening is that the stock price dropped to 15 Hong Kong dollars a share from time to time, which was so low that Shi Yahuai's family was terrified, so they could only continue to grit their teeth and sell stocks to cover their positions.

During the back and forth tug-of-war, Shengshi's shareholding ratio slowly increased from 51.77% to 54.02%, tenaciously consolidating the shareholder status of Swire Holdings.

During this period of time, for the Swire Group, which maintains a heavy position and long positions, it is definitely like ants on a hot pot. If the price fails to recover for a long time, they may have to admit their losses and be out of the game.

But they still want to hold on, waiting for the fellow British to come to the rescue.

And their British fellow is indeed planning to save the situation, and they can't just watch this fellow being held down by a Chinese on the ground and rubbed wildly.

It was not only the face of Shi Yahuai, a fellow villager, but also their face.

But this is not the mainland of the United Kingdom. Whether it is the "Shipping Contracts and Commercial Documents Act" enacted in 1964 or the "Protection of Trade Interests Act" enacted in 1980, they are no longer applicable.

Because since 1985, the British Hong Kong government has passed the "law localization" project, and finally decided to adopt and retain more than 150 British parliamentary laws and re-enact them in the form of local legislation in Hong Kong.

Meanwhile, Hong Kong, with its low tax rates, has long been seen as an unfettered playground for capitalists.

Even Friedman called the city a beacon of free economics.

In this city, a few local tycoons dominate the local economy through conglomerates that control major real estate developments, supermarkets, drugstores, and more.

Anyone trying to break into the local market will encounter great resistance.

Before Shi Yahuai's British fellow could invite help from his hometown of England, Shengshi's attack came again.

The next morning, within an hour of the opening, the price of Swire shares fell from yesterday's closing price of 15 yuan to a measly 12 Hong Kong dollars.

Faced with such a hopeless situation, the British consortium Shi Huaiya family finally couldn't hold on.

Can't wait for his fellow British to come to the rescue.

A general takeover offer was quickly reached.

Shengshi invested 55 billion Hong Kong dollars to obtain the control of the Swire Group registered in the UK by the Swire family, and obtained the equity of Cathay Pacific, HAECO and Swire Holdings.

According to the agreement, the Swire family handed over more than [-] properties on Hong Kong Island, such as shops, real estate, factory land and old houses on the top of the hill, and completely withdrew from the Hong Kong market.

Prosperity holds 90% of Cathay Pacific, 75.3% of HAECO, and 87.7% of Swire Pacific, making it the leader of the three major companies.

Although Swire Group once owned 43.62% of Swire shares at its peak, it was also savagely killed by Shengshi, and the stock price broke through the lifeline of 12 Hong Kong dollars all the way.

Forcing the Shi Huaiya family, which has been relying on financing to do more, to continue to cut meat and cover their positions, it is almost painful.

This time, almost the whole body was cut with blood, leaving only the skeleton.

The reason why the transaction price is so low is because Shengshi is a well-known privatization madman.

A few news caused Taikoo's market value to shrink so badly that it was difficult to make pants from the material that could have been used to make bed sheets.

Originally, Shi Yahuai's family wanted to make a fortune, but when Shengshi was negotiating the price, Shengshi slashed again, and the huge business empire was only sold for a cabbage price in the end.

Why is Shi Yadi selling 51.8% of Cathay Pacific’s shares?
This is because during this period of time, he crazily raised funds through various channels in order to disrupt Shengshi's attack.

Even if millions of Hong Kong dollars in high interest are burned every day, this unilateral massacre cannot be stopped.

In the capital market, there has never been any sympathy, only bloody fighting. During the nearly half month of fighting, a huge hole was left, forcing the Shi Huaiya family to surrender.

Because they can no longer support the help of fellow British.

As soon as the news of the acquisition came out, the whole of Hong Kong was shocked.

This time, the Shi Huaiya family was not only injured, but even their skeletons were dismantled by Shengshi.

After a hundred years of solid foundation, countless assets were all given away. Unlike Jardine and Hutchison, which retreated with hatred, Taikoo has completely withered since then.

With just 55 billion Hong Kong dollars, high-quality assets worth tens of billions of Hong Kong dollars were obtained, and Shengshi destroyed the century-old foundation of Swire Group in one fell swoop.

Not only did they press Shi Yahuai's family on the ground and rubbed them madly, but they also built an extremely strong grave for them with cement to prevent them from breaking out of the ground.

And the money that Shi Yahuai's family received for the acquisition was not enough to fill that huge hole.

Shi Yahuai's family only left a small group of people in Hong Kong to deal with the aftermath, and the rest left in despair. I don't know if there is anyone who can't think about it halfway.

All the newspapers rushed to report on the outcome of this battle.

The front page of "Ming Pao" reads in big bold characters: [Prosperous World has two battles and two victories, becoming the most eye-catching big company in Hong Kong in one fell swoop]

"Ta Kung Pao": [Two battles and two victories, the prosperous age is worthy of the name of "prosperous age"]

"Sing Tao Daily": [Hong Kong - the playground of the prosperous age]

"Metropolis Morning Post": [Prosperous Age - The Sword of Dalmus on the Head of British Capital in Hong Kong]

……

Wei Yixin, who wanted to save the scene, could only sigh in despair.

The Shi Yahuai family, which burns terrible money every day, can't wait for the antitrust investigation from the UK, so they can only choose to leave...

(End of this chapter)