Hong Kong's new giants

Chapter 189 [Public Opinion War]

The Kadoorie family spread many rumors in the market, and Lin Zuhui quickly responded in "Daily Daily" and "Economic Daily" under Wanhui Media.

At this time, the "Economic Daily" had been published for nearly two months, with a sales volume of about 4 copies, initially meeting Lin Zuhui's request.

It was still the female reporter last time, but this time the questions were all set by Lin Zuhui.

Question: "The stock prices of major hotels have started to skyrocket in the past week. Is it because Cathay City is sweeping the market?"

Answer: "Cathay City does intend to increase its shareholding to 34%, which is reasonable. After all, there is not much difference between 31% and 34%. Cathay City is the major shareholder of the big hotel. However, I believe that the reason for the skyrocketing stock price of the big hotel , because investors are optimistic about us joining the big hotel. I believe many people should know that I have some titles, such as 'Miaoshouhuichun', 'company doctor', etc. I believe that many investors have invested in the big hotel because of this .”

He specifically emphasized that Cathay City is the major shareholder, just to prepare for the request to join the board of directors in the future. After all, being on the board of directors is a reasonable request of Cathay City.

Question: "Some people say that Cathay City plans to spin off the hotel, is it true?"

Answer: "We haven't even joined the board of directors. How can it be true? The development potential of big hotels is huge, especially the hotel business. If it is managed carefully, it can become a world-class hotel brand, so that the gold-lettered signboard of The Peninsula Hotel will appear in the world. many places."

Q: "There are rumors in the market that Cathay Pacific City has too much debt, and the company has already encountered serious problems?"

Answer: "Haha, we have only borrowed for less than a month. With the banker's shrewdness, how could he not have considered this issue! Cathay City's net assets have reached 10 billion, and its net assets were less than 2 million half a year ago. As for The acquisition of a stake in a big hotel has led to the company's excessive debt, in fact, what I want to say is that we bought a very high-quality asset, so the bank is willing to borrow."

Lin Zuhui refuted the rumors one by one, causing public opinion to favor Cathay City again, and defeating the Kadoorie family's plan.

Saturday, October 2.

Lin Zuhui and Michael Kadoorie met in a hotel box. Obviously, it was not a pleasant meeting.

"Lin Sheng, our Kadoorie family has been running the hotel for half a century, and we will not give up the right to manage the hotel!"

Lin Zuhui nodded, showing a faint smile: "Mi Gao, I have no intention of competing for the management rights of the hotel, but I just hope that according to our shareholding, three directors will be reasonably arranged to join the board of directors. In the future, the two of us will cooperate and develop together big hotel."

Mi Gao raised his eyebrows and said, "No! Your style of doing things is advancing by leaps and bounds, which is completely different from the step-by-step style of our big hotel. Moreover, you are strong and we are weak. Managing the big hotel together is just your one-sided opinion and a temporary measure."

Lin Zuhui said lightly: "Alright then!"

Mi Gao suddenly showed joy, and said happily: "So, you are willing to withdraw from the competition for the big hotel?"

Lin Zuhui said calmly: "I mean, I hope that one day we can work together, and I won't mind your one-sided view of me today! Our current request is still: According to the company law, we should send three Directors join the board of directors of a big hotel. There is no legal support in any country in the world, and major shareholders cannot even join the board of directors. I hope you will carefully consider this issue, we are still very sincere!"

In his words, he still expressed his sincerity, not only that he felt in his heart: no matter what, he is sure to win;
More importantly, he doesn't need to appear aggressive.

Naturally, the meeting broke up unhappy, but news of the meeting between the two will be published in the newspaper tomorrow.

Next, Lin Zuhui doesn't need to worry too much about the big hotel. Lu Dong will fight the war of words.

And the only thing he has to do is to take the time to persuade the shareholders of some big hotels to try to successfully run for the chairman of the board of directors.Or, as a second priority, strive for shareholders to vote Cathay City to join the board of directors.

At this time, Cathay City had 34% of the voting rights, which was 4% lower than the voting rights of Liu Luanxiong and Lin Jianmin in the previous life; therefore, Lin Zuhui did not have much confidence in defeating the Kadoorie family at the board meeting in early May.

After all, the Kadoorie family has been in Hong Kong for so many years, and they have never done anything harmful to nature, and they have also been in charge of the hotel for half a century, so shareholders should support them.

However, Lin Zuhui also has an advantage, that is, he has built a tens of billions of empires in two years, so there is no doubt about his ability.Moreover, his reputation is much better than Liu's in his previous life, which is also an advantage.

Anyway, Lin Zuhui will get the big hotel in the end!

Because he is not Da Liu, after losing the election, there is no possibility of a comeback, and the bank put a lot of pressure on Da Liu to let him go.

Lin Zuhui is different. After losing the election, the bank will definitely intervene, but he will never doubt the strength of the real estate department in the new era before the stock market crash.As long as the battle line is stretched, it will definitely be beneficial to Lin Zuhui, and even a full acquisition of the big hotel will not be a problem.

Assuming that before the stock market crash, the maximum of the big hotel is 80 yuan, and after the stock market crash, the maximum is 50 yuan, with a market value of 50 billion, and the privatization only needs to pay a maximum of 40 billion (premium acquisition).Lin Zuhui can use his personal funds to unite with Thai City and carry out privatization at the same time, and the pressure will be greatly reduced.

The next day, Sunday.

Sure enough, both sides started a public opinion war, but Cathay City is more dominant, who is called Lin Zuhui is a media tycoon!
Cathay City’s request is very reasonable, just to send three directors to the board of directors of the big hotel in accordance with the regulations; but the Kadoorie family is too unreasonable and deceptive, with only 12% of the shares, they refuse the major shareholder of the big hotel to be on the board of directors Besides, it doesn't make sense at all.

In this life, Cathay City bought the big hotel alone, unlike the previous life where Liu Luanxiong and Lin Jianmin gave the Kadoorie family a reason to complain about delaying time.

In the previous life, Liu Luanxiong held 26% of the shares in the hotel, and Lin Jianmin held 12% of the shares; so the Kadoorie family sued Liu Luanxiong and Lin Jianmin as "persons acting in concert". Liu Helin was a little terrified to launch a comprehensive acquisition at the highest price (the highest price at that time was 80.5 yuan per share).

Fortunately, the lawsuit was not passed, but it was delayed for a long time, which caused the bank to put pressure on Liu Luanxiong.

No. 12 Repulse Bay, Zheng's house.

This is Zheng Yutong's mansion, which covers an area of ​​16000 square feet, with a swimming pool and tennis court inside. From a distance, the abode among the lush greenery looks like a European royal holiday villa seen in a movie.

At this time, in the secret room of Zheng's residence, there were Zheng Yutong, Li Zhaoji, Huang Tingfang, Guo Desheng, Li Ka-shing, the five most wealthy men in Xiangjiang.

For such a big event, the gathering of these five people, namely Li Chaoren, the scheming Li Chaoren, the bold and brave Zheng Yutong, the first-sounding Lee Shau-kee, the steady Guo Desheng, and Huang Tingfang, who is famous across the river, obviously has a big intention.

It turned out that it was Zheng Yutong who acted as the initiator and contact person, and invited several people to discuss the issue of land acquisition.

Several people unanimously recommended Li Chaoren as the coach, because Li Chaoren is the wealthiest and can be called a master of stock market acquisitions. He has confronted Jardine Land several times without losing.

However, this time it is the acquisition of Hongkong Land, and it can only be successful if the efforts of everyone are gathered.

Why do you say that?

The current market value of Hongkong Land seems to be only 170 billion, but the net asset value is too much higher than the market value. If the new consortium wants to acquire from the stock market, Chartered King's acquisition of Wharf is a lesson from the past.At that time, the stock price of Wharf was more than 14 yuan, and it turned out to be a full 105 yuan at its peak!
The value of Hongkong Land’s property in Central may reach 200 billion, not to mention the conservative 100 billion of other properties. If the new consortium wants to beat Yice in the stock market, the price will be very high.

The only possibility is to buy 26% of its shares from Yice.

This is not just a simple buying strategy, the means and timing are very complicated, and it takes several months of preparation!

This gathering was the first time for the five richest people to gather for Landmark, so everyone just had a simple exchange.

After simply forming a new consortium, Zheng Yutong said: "Lin Zuhui has had a lot of fun fighting against the Kadoorie family recently. I think he is also a good player. Do you want to invite him to join us too!"

Li Chaoren said with a smile: "If you support your younger generation, you won't drag him into the fire pit. Although the real estate department of the new era is also a consortium department with tens of billions of assets, it has high debts and a large market value. In addition, he is now being held by a big hotel. Being entangled is not enough to have the strength to join us."

However, Lee Shau Kee was also thinking of his fellow countrymen, and said: "It's not necessarily that he will take a lot of shares, it's just that everyone is familiar with it, I don't think it's a big deal!"

Although Huang Tingfang had dealt with Lin Zuhui before, he didn't want Lin Zuhui to join. He also felt that Lin Zuhui was not qualified yet.

Guo Desheng was steady, and felt that Lin Zuhui was too brave and impulsive, so he did not agree to join.

Zheng Yutong finally smiled and said: "It's just a suggestion. I'm just very optimistic about him, and it's right not to distract him! Are you optimistic about the success of his acquisition of the big hotel this time?"

Huang Tingfang said directly: "There is almost no chance of winning! I saw his possible final outcome, so I cashed in a profit, but in this way, it proved his essence as a sniper."

Zheng Yutong defended: "I don't think so, he seems to be very confident, we will wait and see."

Li Chaoren didn't say a word, and many media praised Lin Zuhui as "Lin Chaoren", which made Li Chaoren disagree.He felt that Lin Zuhui was similar to Chen Songqing, all relying on various tricks to raise the stock price, and then rights issue to raise funds, borrow money, and take advantage of the real estate boom to expand the company's scale.

But in fact, the debt ratio of the new era real estate department is very high, and the ability to resist risks is very poor.He has abilities, but he definitely cannot be called "Superman Lin", Superman Li thought to himself.But after all, he is a junior, so he can't say it out loud.

(End of this chapter)