Back to 1980: Please Love Me Again

Chapter 171 The Rong Family Plans Wharf (1)

Xiangjiang area, Rong family villa.

Zhao Wenmu and Zhao Jing did not wait for Rong Zhenyi who had gone and returned, but Rong Zhenbang came to find him.

"Amu, Ajing, do you have time? Would you like to have a cup of tea and talk?"

Rong Zhenbang invited politely.

Zhao Wenmu and Zhao Jing naturally agreed to the appointment.

But I didn't expect this afternoon tea to be in Rong Renyi's study.

Zhao Wenmu heard the servants of the Rong family whisper that Rong Renyi's study room was never used for entertaining guests, and maybe any outsider was allowed to enter.

Rong Renyi was already waiting here, the huge room was simply and neatly furnished, simple and elegant yet modern.

He greeted Zhao Wenmu and Zhao Wenmu to sit down with a gentle smile.

After a while, Rong Zhenyi walked in pushing the small dining cart, and she arranged coffee, pastries and fruits very skillfully.

It seems that the rumors are true.

"Amu, have you heard of Wharf Company?"

That's what the boss was going to say.

Zhao Wenmu didn't expect that the other party would not only talk about Wharf with him, but even avoid Zhao Jing. This trust is indeed immeasurable.

After pondering for a moment, Zhao Wenmu said:

"Kowloon Warehouse Co., Ltd., the largest cargo port in Hong Kong, has deep-water docks, open-air cargo yards, and cargo warehouses. It is a very important listed company in the Jardine family. Its parent company, Jardine Matheson, is the first among the four major foreign firms in Hong Kong."

"Wharf has the best port terminal and prime land in Xiangjiang."

"Wharf's Tsim Sha Tsui in Kowloon, the New Territories and most of the piers and warehouses on Hong Kong Island, as well as hotels, buildings, trams and Star Ferry, etc., are all very high-quality assets."

"It can be said that whoever owns Wharf will control most of the cargo handling, storage and transportation and cross-sea ferries in Xiangjiang."

Every time Zhao Wenmu said something, the shock on Rong Zhenbang's face increased.

Ship King's acquisition of Wharf is of great historical significance, and Zhao Wenmu has naturally heard about it.But all the information above was learned after he came to Xiangjiang.

After all, these are all public information, and you can find them out with a little care.

"After the eastward relocation of the Xiangjiang Railway Station, Wharf moved its freight business to Kwai Chung and the west of the peninsula, and the vacated land was used to develop commercial buildings. Moreover, Tsim Sha Tsui, which is across the sea from the Central District of Hong Kong Island, has increasingly become a tourist business district in Hong Kong. .”

"It can be said that the founder of Wharf really obtained this geomantic treasure at a very low price, and now the value has increased by at least a hundred times."

Rong Ren nodded in admiration.

"It's really good. There are many high-quality plots under Wharf. If they are handed over to Li Chaoren to develop, the value will increase many times."

The boss said with a smile.

Zhao Wenmu thought in his heart, what the boss said was true, if Li Chaoren came to operate Wharf, it would be like a dragon entering the sea and let him swim.

"Wharf has successively built commercial real estate projects such as Harbor City and Ocean Center Building, but it is not commendable in terms of its operating methods."

Zhao Wenmu continued.

"Oh, how do you say that?"

Rong Ren asked with a smile.

Zhao Wenmu looked around and found that Rong Zhenyi and Zhao Jing were hiding in a corner, whispering and chatting enthusiastically.

No wonder I haven't been able to find my wife since just now!
Probably Rong Zhenyi dragged her to go to the honey citron tea.

"Wharf adheres to the strategy of using its own assets to build buildings and only renting them out. This has resulted in a very slow return of funds, which has plunged the group into a financial crisis. In order to resolve the crisis, it has issued a large number of bonds to extract cash, making the group heavily indebted , the credibility has declined, and the stock has depreciated."

"Wharf's current share price is seriously undervalued."

Zhao Wenmu said the final conclusion unhurriedly.

This is indeed the case, otherwise, Li Chaoren and the ship king would not be heroes, and they would all be eyeing it.

Flies don't bite seamless eggs yet!

Let alone capitalists.

Rong Zhenbang nodded excitedly when he heard the words.

It is precisely for this reason that he urged his father to take down Wharf.

"Amu, to be honest, the Rong family is preparing to acquire Wharf and gain control."

Rong Zhenbang said solemnly.

"Brother, how many stocks has the Rong family bought?"

"Less than 2000 million shares, about 20% equity."

Rong Zhenbang made no secrets.

Zhao Wenmu, who had an advantage in information, knew that what Rong Zhenbang said was indeed the truth, and he did not hide anything.

"Have Jardine Matheson found out about the Rong family's plan?"

Jardine Matheson holds Hongkong Land, which actually holds Wharf.

The Rong family hides in the dark, does not show their mountains, and absorbs Wharf stocks without revealing anything, but there is a limit to this after all, and Jardine will discover it sooner or later.

What's more, Yihe was frightened by the "barbarian" Li Chaoren not long ago.

They are very wary of someone quietly digging the corner of their house.

In 1978, Li Chaoren began to buy Wharf stocks. He used the method of scattered accounts to buy quietly, trying not to arouse Jardine's vigilance.

However, such a huge amount of absorption of a stock was eventually discovered by interested people.

The turnover of Jiucang shares was rising day by day, many securities analysts began to pay attention to this stock, and professional speculators with keen sense of smell also stepped in one after another, so the stock price of Jiucang was immediately pushed up.

All of a sudden, large and small households stepped out one after another, coupled with all kinds of rumors in the stock market, soon Nine Warehouse Stocks rushed to the highest level in history of 46 yuan per share, as if the thermometer had been set on fire.

This is quite close to the actual valuation per share of Wharf shares estimated by Li Chaoren.

Li Chaoren had no choice but to temporarily suspend his actions. At this time, he actually controlled about 2000 million shares, accounting for about 20% of the total shares.

Has exceeded Jardine's shareholding ratio.

Jardine also noticed Li Chaoren and began to counterattack.

It can be said that it is very difficult for Li Chaoren to enter the board of directors of Wharf, almost impossible.

According to the relevant provisions of the Company Law of the Xiangjiang region, if a shareholder wants to obtain absolute control over the company, the shares he controls must be more than 50%.

Now that the share price of Wharf Stock has been inflated, it is beyond Li Chaoren's financial means to continue to increase its shareholding to 51%.

Well, the fact is indeed like this, at this moment Li Chaoren is far from as rich as later generations.

Right now, he cannot compete with Rong Ren in terms of financial resources and qualifications.

At this moment, Jardine Matheson, the owner of Wharf, is already arranging an anti-acquisition, buying Wharf stocks held by retail investors at high prices in the market, so as to strengthen its holding ability on Wharf.

It can be said that at this point, Li Chaoren's road to Wharf has also been broken.

Both sides need a step to die down, shake hands and make peace.

And it was HSBC, the financial backer behind the Rong family, who took the initiative to mediate.

Shen Bi, the head of HSBC, went out in person to advise Li Chaoren to give up the acquisition of Wharf.

Li judged the situation and was quite self-aware. He knew that he could not break up with Jardine Matheson and HSBC at the same time. In the future, Cheung Kong will grow and develop, and he hopes to get the support of HSBC!
Even if you don't think about it in the future, just in the current situation, if you lose HSBC's face and HSBC turns to lend to support Jardine, what will you use to fight them?
Acquiring Wharf is bound to be a dream.

Superman then readily agreed to Shen Bi, Ming Jin withdraws troops, and no longer buys shares in Wharf.

At this time, Li Chaoren has acquired nearly 2000 million shares.No one knows how many shares Jardine holds after increasing its holdings.

Rong's intention to acquire Wharf probably started with the battle between Li Chaoren and Jardine Matheson.

(End of this chapter)