People in Hong Kong create super chaebols

Through Governor Euder, Suzhou City negotiated the sale of the Jardine Matheson Group with them.

He does not have a possessive desire for the Jardine Matheson Group.

Selling it for HK$200 billion was a huge profit for him.

Without the Hong Kong Land Group, the value of the Jardine Matheson Group has been greatly reduced.

Su Cheng did not expect to earn 20 billion Hong Kong dollars.

It is rare, really rare, that these British people are so generous to give him so much money!

So, three days later, Su Cheng and these British representatives signed a share transfer contract at the headquarters of Jardine Matheson Group.

These 49.9% shares were eventually acquired by an acquisition team consisting of more than British financial groups.

They formed a temporary acquisition consortium and had already raised the funds.

Su Cheng didn't care how they divided the shares. It was enough for him to get the HK$200 billion from Jardine Matheson Group.

Therefore, after selling the shares to them, Su Cheng also received HK$200 billion in funds.

Subsequently, the British financial groups quickly held a press conference that caused a sensation in Hong Kong.

They used HK$200 billion to successfully regain the controlling stake in the British bank Jardine Matheson Group and regained the last glory of the British consortium.

However, the focus of public concern was not on the return of the Jardine Matheson Group to the hands of the British financial group, but on the 20 billion Hong Kong dollars!

Twenty billion, what an exaggerated number! Even they couldn't imagine it. This was definitely the largest transaction in Hong Kong's history.

Previously, the final transaction value of Hutchison Whampoa was only a few billion Hong Kong dollars.

Today, Jardine Matheson’s only 49.9% stake was traded for HK$200 billion, making history!
Ma Shiming, who had only been the executive director of Jardine Matheson Group for a short time, had to step down again.

However, Su Cheng had already made arrangements for him, which was to serve as the executive director of the Jardine Matheson Group.

Compared with Jardine Matheson Group, although the Swire Properties Group does not seem to be as diversified, its strength is not inferior to that of Jardine Matheson Group.

Even in Su Cheng's view, the prospects of Jardine Matheson Group are obvious at a glance, but the prospects of Swire Properties will continue to rise with the recovery of Hong Kong's property market, and its market value will surpass that of Jardine Matheson Group. It won't take long before it will even be able to distance itself from Jardine Matheson Group in the future.

The impact of this transaction even affects the whole world.

Business newspapers in the United States, Japan and other countries reprinted the report.

200 billion Hong Kong dollars, this amount of money is unimaginable.

Some media even called this transaction the deal of the century!

In the UK, the media were all inflated. They believed that this was a symbol of the rise of British financial groups after the decline of Hong Kong.

In the previous six months, many British media outlets criticized the British in Hong Kong for being incompetent because of the successive acquisitions of Jardine Matheson and Swire Properties.

Now, in their eyes, they have finally turned the tables.

However, the media in some countries do not think so. Many media even asked a question in the newspaper: "Spending HK$49.9 billion to acquire % of the shares of Jardine Matheson Group, is this deal worth it?"

These media outlets have been constantly analyzing the situation of the Jardine Matheson Group and have almost dug up all of its secrets.

The final answer is obvious: it’s not worth it, not even close to being worth it!

In this battle, the British consortium regained the controlling stake of the British bank Jardine Matheson Group in a lightning-fast manner. It seemed very successful, and the British media believed that the British consortium fought a beautiful, clean and neat acquisition battle of the century.

However, these were ultimately just self-congratulatory songs. Although the British consortium eventually regained the controlling stake in the Jardine Matheson Group, the price it paid was too high.

Although Suzhou City lost the Jardine Matheson Group, it made more than 10 billion Hong Kong dollars from it. This is simply slaughtering the British financial consortium like a fat sheep.

Therefore, these media outlets felt that although the British financial consortium had won on the surface, it could only be considered a "pyrrhic victory."

According to some experts' estimates, the current market value of Jardine Matheson Group is at most HK$400 billion. However, the price of the transaction between Suzhou City and the British consortium has increased the assessed value of Jardine Matheson Group to HK$ billion. This has obviously greatly increased the valuation of Jardine Matheson Group, which is obviously very false.

"The British financial consortium won the victory despite suffering losses, and Suzhou City broke its arm with a smile!" This was the headline of the Hong Kong Ta Kung Pao.

The meaning of the title is very clear. Although the British consortium won, the price it paid was too high, far exceeding the actual value of the Jardine Matheson Group. It is obvious that it has become a fat and big fish in the water.

Although Su Cheng lost the Jardine Matheson Group, it retained the controlling stake in the Hong Kong Land Group and earned a huge profit of more than 10 billion Hong Kong dollars. It is obvious that this transaction by Su Cheng was both wise and cost-effective.

This vigorous battle for the Jardine Matheson Group lasted for nearly a year and ended with this outcome.

The British consortium seemed so unwilling to see the demise of British enterprises. This transaction was nothing more than an act of bragging.

After the transaction was completed, the matter did not end there.

Because the British financial consortium also made a request.

That is to use the shares held by the Hong Kong Land Group and the Jardine Matheson Group as an exchange.

These British financial groups were afraid that Su Cheng would use the shares of Jardine Matheson Group controlled by the Landmark Group to secretly find ways to control the Jardine Matheson Group again.

After all, although the controlling stake of Jardine Matheson Group has been regained, the shares are now distributed among dozens of investors.

If some people want to secretly sell their shares to Su Cheng, wouldn’t all their efforts be in vain?

Previously, although Su Cheng used his status as the absolute controlling shareholder to acquire the shares held by Jardine Matheson Group and Swire Properties, he increased Su Cheng's own shares to 49.9%.

Even so, Jardine Matheson Group and Swire Properties Group still have a lot of shares in each other.

Therefore, in order to prevent Su Cheng from taking control of Jardine Matheson Group again, they came up with this idea.

It can be said that these British financial groups are really afraid of Su Cheng.

Su Cheng agreed to this very readily. As for how to exchange the shares, after discussion, with everyone's unanimous agreement, they finally came up with a price that both parties could accept.

Simply put, in a stock swap, the extra shares are replaced with money.

At this point, the transaction had been negotiated for more than a month and everyone finally reached an agreement.

Su Cheng let Ma Shiming be responsible for the negotiations throughout the process. Of course, the final transaction price of the negotiation was also approved by Su Cheng.

At this point, Jardine Matheson Group no longer holds any shares in the Hutchison Whampoa Group.

And the Swire Group no longer holds any shares in the Jardine Matheson Group.

From then on, there was no longer any relationship between the two groups.

The shares that were exchanged back were sold by the Hutchison Whampoa Group on the secondary market, bringing back a large amount of funds to the Hutchison Whampoa Group. These funds were enough for the Hutchison Whampoa Group to cope with the current real estate crisis.

In addition, the shares of the Hong Kong Land Group were also sold off by a large number of British financial groups.

In their view, the Hong Kong Land Group is no longer a British-owned enterprise. If they continue to hold it, there are too many uncertainties. It is better to sell it while the share price of the Hong Kong Land Group is relatively high. And Su Cheng was also happy to watch this scene.

Therefore, before long, most of the shareholders of the Swire Group became Chinese.

Many Chinese business tycoons took the opportunity to take over the Hutchison Whampoa shares of these British shareholders, such as Li Ka-shing, Pao Yu-kang, Zheng Yutong, etc. They more or less held a portion of the Hutchison Whampoa Group shares.

Sioux City doesn't care about that.

He himself had no intention of privatizing the Hutchison Whampoa Group.

He is now very satisfied with holding 49.9% of the shares. With this share, it is impossible for anyone to snatch the controlling stake of the Jardine Matheson Group from him.

That is to say, after he acquired controlling stake in the Hutchison Whampoa Group, he didn't really care who the other shareholders of the Hutchison Whampoa Group were.

Of course, he would still prefer that all these shareholders become Chinese. Dealing with the Chinese is always better than dealing with the British.

After completely resolving the issues between Jardine Matheson Group and Hutchison Whampoa Group, Hutchison Whampoa Group has been completely under the management of Suzhou City.

Therefore, Suzhou City allocated a part of the area in the Tseung Kwan O Headquarters Base to the Hong Kong Land Group, which became its group headquarters.

Although Soo Cheng has not completely privatized the Landmark Group, it has become a holding company, which means that the company belongs to him. It would naturally be better to move its headquarters to the Tseung Kwan O headquarters base.

Like the Hong Kong Electric Company, Suzhou City does not have 100% control over it either. However, Suzhou City has moved the headquarters of the Hong Kong Electric Company to the Tseung Kwan O Headquarters Base, which is conducive to its cooperation with other Suzhou City-affiliated companies and the mutually beneficial sharing of resources.

However, before moving to the headquarters base in Tseung Kwan O, Su Cheng asked Ma Shiming to replace the middle and senior management of the Hutchison Whampoa Group headquarters.

Most of these former middle and senior management of the Jardine Matheson Group were members of the British financial consortium. Now that Jardine Matheson has become a Suzhou enterprise, it is naturally impossible for them to continue to stay in the Jardine Matheson Group and serve as spies for the British financial consortium.

Only after the successful relocation of its headquarters did the Swire Properties Group become a company that completely belonged to Suzhou.

In the blink of an eye, time entered 1983.

The Su family once again received good news: Cherie Chung and Gillian Chung were pregnant again.

However, Amei had no intention of having another child, because she felt that having one son was enough.

Su Cheng naturally didn't care about this.

At the same time, there was another good news. Guan Jiahui took the initiative to accept the fact that Su Cheng had other women and asked Su Cheng to take her back to the Su family villa.

Originally, Su Cheng planned to make this decision after she graduated. Since she took the initiative to propose it, Su Cheng naturally would not refuse.

So, Su Cheng took Guan Jiahui back to the Su family villa in Tseung Kwan O and introduced Guan Jiahui to Cherie Chung, Gillian Chung and Ah Mei.

What Su Cheng didn't expect was that they soon called each other sisters. Although he didn't know what they were thinking in their hearts, on the surface, they got along very harmoniously.

Su Cheng was already very satisfied with this.

Upon learning that the three girls were pregnant with Su Cheng's children, Guan Jiahui also wanted to give birth to a baby for Su Cheng.

However, Guan Jiahui has not graduated from university yet, so it is obviously not appropriate for her to have a baby. So they persuaded her to wait until after graduation. In the end, Guan Jiahui could only agree unhappily.

The Su family villa is big enough, so even if there are ten or eight more hostesses living there, there will be no problem at all. Therefore, Guan Jiahui's joining does not have any impact.

Originally, Su Cheng had planned to give them a wedding, and becoming people of Haojiang also had this purpose.

However, he gave up this plan later. In fact, what difference does it make whether to get married or not?

Even if you get married, you will still get divorced if you can't get along.

It is better to maintain the current situation.

……

Hong Kong's real estate industry began to collapse across the board since September last year.

This time, the decline was even more exaggerated than Su Cheng’s previous life, with the maximum drop reaching 80%.

At this moment, Su Cheng used Tianqi Property Company, as well as companies under the Su Group, Hutchison Whampoa Group, Hong Kong Electric Group, Hong Kong Land Group, Tianwen Petroleum Company, Tianqiong Semiconductor Company, etc., to control a large amount of properties and land in Hong Kong.

In recent years, these groups and companies have held a large amount of funds. In addition to transferring part of the funds to Tianyuan Investment Company to allow it to continue to acquire well-known foreign listed companies, most of the funds actually remained in the company's account to allow the company to expand and invest.

After all, the company belongs to him, and the company can only continue to invest to the greatest extent possible if it continues to hold these funds.

Su Cheng knew that this crisis would last until 1984.

This crisis also made many British financial groups more worried about the future of Hong Kong, and they continued to withdraw their investments from Hong Kong.

Even Jardine Matheson Group and Huifeng Group have increased their overseas investments.

After the British consortium took back the controlling stake in the Jardine Matheson Group, it began to invest heavily in the UK, Singapore, the United Kingdom and other places. On the contrary, the investment in Hong Kong continued to decline.

As a result, the influence of Chinese capital in Hong Kong became increasingly stronger, while the influence of British capital became increasingly weaker.

Through this real estate crisis, Chinese-funded enterprises have completely gotten rid of the equality with Chinese-funded enterprises, allowing Chinese-funded enterprises to take the lead by a large margin.

Although Jardine Matheson Group and Hutchison Whampoa Group are still Hong Kong companies, they have already considered moving their headquarters back to the UK.

Last year's negotiations made the British see no future for Hong Kong, absolutely no future for Hong Kong.

Therefore, for them, moving the headquarters back to the UK is the wisest choice.

However, the shareholders of Huifeng Group had no idea that Su Cheng had already been planning for Huifeng Group for several years.

Every year, Su Cheng's stake in Huifeng Group increases by one step.

After three or four years of planning, he now holds more than 20% of Huifeng Group's shares.

However, Su Cheng was not satisfied and he wanted to hold more shares.

Acquiring shares of Huifeng Group has always been an important business of Tianyuan Investment Company, and as long as there is an opportunity, it is not considered an acquisition.

To this end, Suzhou has invested more than 10 billion Hong Kong dollars in Huifeng Group.

However, this is far from enough!

More than 30% is Sucheng’s goal!

Today, the total value of Huifeng Group's stocks has exceeded 100 billion yuan, and Su Cheng's shares in Huifeng Group are even worth nearly 30 billion Hong Kong dollars.

However, all this is done in secret.

Acquiring shares of Huifeng Group is a protracted battle. (End of this chapter)