Yu Li's childhood sweetheart and I in the courtyard

Chapter 168 The Great Acquisition

"Okay, Yu Sheng. I'll arrange it right away." Xu Qiang replied.

"At the New York branch, when these companies are acquired, you go and keep an eye on them. We will do a few more operations in the first half of 74, and we will buy all the funds in gold in July." Yu Wei said.

During the collapse of the Bretton Woods system, gold, as the opposite of the dollar, was highly negatively correlated with the trend of the dollar.

During the dollar crisis in the first half of the year, gold rose sharply.Every time the dollar stabilizes, it will bring a correction of the previously rapidly rising gold.

Including the short-term stabilization of the US dollar in late March, and the real stabilization of the US dollar since July, gold has all fallen back.

With the disintegration of the Bretton Woods system, the dollar and gold have been loosened and stabilized, and the absolute value of the correlation with the dollar has dropped significantly.

In July, with the rapid rise of currency interest rates, gold fell sharply.

Since August, the currency has loosened, and gold has entered into shocks.

According to the memories of Yu Wei’s previous life, since the decoupling of the U.S. dollar from gold, Remote Control Phoenix Investment’s New York branch made arrangements one step at a time, buying gold before the U.S. dollar depreciated, and selling gold before the U.S. dollar stabilized, going back and forth.

So far, he has only repeatedly bought and sold gold through leveraged financing. In the New York branch of Hang Seng Bank, Yu Wei has more than two billion US dollars in assets.

"The stock prices of these companies will not fall any further. They should reach more than 67% of the shares as soon as possible, and then apply for suspension of stock trading and delisting."

"If the ghosts don't agree to sell the stocks in their hands, after delisting, they will directly dismember the company according to the proportion of shares. We will first ask for the properties and land of these companies, and then split the rest with them."

"Okay, Yu Sheng. I'll deal with it as soon as possible. And these ghosts kept selling stocks before the stock market crash, and their shareholding in British companies is already very low!" Xu Qiang said excitedly.

Hearing what Xu Qiang said, Yu Wei seemed to understand something.

Before the stock market crash broke out this year, there were two things that pushed the enthusiasm of the masses to the peak:
1，汇丰银行宣布高配送：每股派3块5的股息及5股送1股。同时，将1股拆成10股细股。

2. The Hong Kong government revealed that it plans to build an underground railway.

Then these ghosts sold their stocks one after another at this favorable time. Before the stock market crash broke out, they cashed out the high stock price and left the market, preparing to buy the bottom when the stock price was low.

Then think of getting back the legal status of an organization across the river and establishing diplomatic relations with the United States!And after the stock market crash broke out, British banks tightened their monetary policy.Hey, this group of ghosts headed by HSBC want to cut Xiangjiang's leeks?Think beautifully!
"Xu Qiang, make adjustments and quickly take down HK Electric, Wharf, Hutchison & Whampoa Dockyard."

"Then use the Red Umbrella Investment Company to sweep up the stocks of other British companies on the stock market. Focus on buying HSBC and Standard Chartered Bank stocks!"

On November 11, Hong Kong Electric suddenly suspended stock trading, and Huo Jianning announced on behalf of Yu Wei that he had acquired 6% of Hong Kong Electric’s shares and applied for delisting. .

Shareholders who hold HK Electric shares can go to branches of Hang Seng Bank and Phoenix Bank to sell them.

On November 11, trading in Wharf stock was suspended. On behalf of Yu Wei, Huo Jianning once again announced that he had acquired 7% of the shares in Wharf and applied for delisting.

Similarly, shareholders who hold Wharf stocks can go to Hang Seng Bank and Phoenix Bank's branches in Hong Kong for transactions.

On November 11, Huo Jianning, on behalf of Yu Wei, participated in the board of directors of Hutchison Matheson and Whampoa Shipyard successively, and presented the equity certificates that Yu Wei held 8% of the shares in Hutchison Matheson and Huangpu Dockyard held 71% of the shares.

And before going to the board meeting of the two companies on the same day, he had applied to suspend the stock trading of the two companies.

The two British-funded companies changed hands on the same day, and directly re-elected the board of directors, with Huo Jianning temporarily acting as the chairman of the two listed companies.

Then, with more than 67% (that is, more than two-thirds) of the shares, they directly exercised the rights of the absolute controlling shareholder and forcibly passed the resolution of delisting in the board of directors!

After the board meetings of the two companies ended that day, Huo Jianning directly applied for delisting in the name of the two companies.

On November 11, the same operation was used to take down the Golden Gate Building.

The Red Umbrella Investment Company, the Investment Department of Hang Seng Bank, and the Investment Department of Phoenix Bank also secretly acquired the stocks of other British companies at the same time. After completing the acquisition of the four companies, Phoenix Investment Company also joined them.

In four days, five British-funded companies were acquired in one fell swoop with lightning speed!Not only shocked Xiangjiang, but also shocked the world!It also further confirmed Yu Wei's title as the richest man in the world!
And Yu Wei is no longer in Xiangjiang at this time!Knowing that the cheese of this group of people has been touched, someone will definitely find MacLehose and let MacLehose act as an intermediary to mediate.

Yu Wei decided not to return to Xiangjiang until Huo Jianning fully owned or split the five companies, and before he completed the acquisition of most of the stock markets of British-funded companies such as HSBC, Standard Chartered, Jardine Matheson, and Hongkong Land.

At this time, Yu Weizheng and Lin Qingxia took a private jet to inspect the Peninsula Hotel and the rest of the islands that they had never been to.

This is the longest time that Yu Wei has been alone with Lin Qingxia for romance.

After discussing the next action plan with Xu Qiang at the Phoenix Investment Company, giving Huo Jianning face-to-face instructions, and explaining the situation to his wives at home.

That night, Yu Wei flew directly to Boracay Island with Lin Qingxia who was relatively free, and started a sweet world for two.

This made Lin Qingxia very happy, she was in a good mood every day, smiling all over her face, this kind of tone was her favorite, and under the agitation of her mood, she even strongly demanded to have a child for Yu Wei.

So on Xiangjiang's side, after Huo Jianning wholly acquired Wharf, HK Electric, Hutchison, Whampoa Dockyard, and Golden Gate Construction, the two returned to Xiangjiang in early January 1974, and Lin Qingxia was also pregnant. little baby.

Huo Jianning's first wholly-owned acquisitions were Wharf, HK Electric and Golden Gate Construction.

The first two, Guilao, sold their stocks too hard, accounting for less than 10% of the shares, while Golden Gate Construction fully cooperated, and the major shareholders headed by Guilao were safe. Anyway, Yu Wei is the absolute controlling shareholder, so it is the best policy to collect the money and leave the market.

The most intense resistance was Hutchison and Whampoa Dockyard.

However, after the two companies delisted and repurchased the odd shares in the stock market, Huo Jianning directly proposed to split the company, and all the property land of the two companies should be owned by the major shareholders first, and then the remaining assets would be disposed of.

After the ghost shareholders of the two companies sought help from HSBC and Hong Kong Governor MacLehose to no avail, they also learned that Yu Weiren was overseas and could not return in a short time.

Now they all understood Yu Wei's intentions, they wanted to swallow up these two companies completely, and went out to avoid them on purpose!

After thinking about it again and again, I decided to go for the best policy and get it in my pocket!Sold all the shares to Yu Wei.

So far, before Yu Wei is ready to step into Xiangjiang, he has begun to plan for the perfect conclusion of the plans of these British-funded companies.

On the night when Yu Wei returned to Hong Kong, he received a call from the Governor of Hong Kong, MacLehose, and asked Yu Wei to meet at the Governor's Mansion tomorrow morning.

And that night at home, when the girls knew that Lin Qingxia was pregnant with a baby, everyone congratulated her one after another.

And Teresa Teng, Lin Fengjiao, and Zhao Yazhi also strongly demanded that Yu Wei have a child when they were double cultivating with Yu Wei at night.

Afterwards, until the three of them were also pregnant with a baby, Yu Wei was able to relax from the unusual enthusiasm of the three of them.

The next morning, Yu Wei went to the appointment as scheduled and met Yu Wei in the study of the Governor's Mansion.

"Sir Yu, this time you are too ruthless. It's hard for me!" As soon as they met, the two sat down to drink coffee, and MacLehose said as soon as the staff left the study and closed the door.

"Mr. Governor, let's be smart and keep secrets. What happened to the stock market crash? We know it. Xiangjiang belongs to our Xiangjiang people, and it is also my foundation and basic market."

"You will step down and return to the mainland when your term of office is up. They can return to the mainland to become a rich man after cutting the leeks of Xiangjiang, or invest in another place, but we Xiangjiang people can't, and I can't completely abandon Xiangjiang." Yu Wei said seriously to Mai Li Hao said.

"So, since they chose to sell their stocks at a high price before the stock market crash, it shows that they abandoned Xiangjiang and gave up developing in Xiangjiang."

"So for them, I have completely abandoned them now, and took over the unnecessary ones. What else can they say?"

"You's tenure is still very long. If these people still stay in Xiangjiang, they will show their ambitions for you better, govern Xiangjiang, and help us vigorously develop Hong Kong's economy. Instead, it will drag you and us Xiangjiang people. hind legs!"

"What do you think of what I said? I think the two of us should talk about how to increase investment in Xiangjiang and vigorously develop Xiangjiang's economy! Those people are already in the past!" Yu Wei said seriously.

After speaking, he handed another piece of paper to MacLehose.MacLehose took the piece of paper and looked at it. It said this year's World Cup champion: Federal Germany is West Germany.

"Sir Yu, let's talk about how to increase investment in Xiangjiang and vigorously develop the economy." MacLehose put away the piece of paper, put it next to him, pondered for a moment, and finally said.

The next day, Yu Wei and Huo Jianning hosted the Phoenix Department's "spoil sharing conference"!Phoenix Real Estate first acquired Golden Gate Building under it.

Afterwards, the group companies under Yu Wei first placed all the subsidiaries of the four companies, Wharf, Hutchison, Hong Kong Electric, and Huangpu Dockyard, that were related to them, under their respective groups.

Then the properties that are beneficial to the respective groups were drawn again.In the end, all the land owned by the four companies was assigned to Phoenix Real Estate.

Hong Kong Electric directly dismantled the remaining pure power part and was solely responsible for the supply of Heung Kong Power.

With a big wave of his hand, Yu Wei increased the investment in the number of generator sets of Hong Kong Electric and the replacement of electric wires, and applied to the Hong Kong government to relocate all the power plants to Lamma Island, directly abandoning coal-fired generator sets and replacing them with oil-electric generator sets.

The scale of the expanded generator set on Lamma Island will be divided into three phases. After the first phase of generator set is installed and put into operation, the power generation capacity will be equivalent to the electricity demand of the entire Xiangjiang River in the early 80s.


(End of this chapter)