People in Hong Kong create super chaebols

Chapter 30 Happy Cooperation
"Since you want me to give up Wharf, I naturally need a replacement. In this way, we each have room for discussion." Su Cheng nodded.

He has never revealed his ambition to come to Hutchison Whampoa from the beginning to the end. As long as the charter king does not expose him, Shen Bi will naturally not know about it.

"It's not impossible to buy Hutchison Whampoa. As long as the price is right, of course we can sell it. I just don't know what price Mr. Su can offer?" Although Shen Bi was a little surprised, he was not too surprised.

Controlling Hutchison Whampoa is just to make money. For Huifeng Bank, this is business.

"Currently, Hutchison Whampoa's stock price is around HK$5 per share. At this price, I will fully acquire it!" Su Cheng said directly.

Currently, Huifeng Bank holds 9000 million Hutchison Whampoa shares, accounting for 22.4% of the entire Hutchison Whampoa. In other words, if it can buy their shares at a price of HK$5, it will only cost 4. Ten thousand Hong Kong dollars is enough. Of course, Su Cheng knows that this is impossible.

Because everyone knows that the stock price of Hutchison Whampoa in the stock market is very low. Hutchison Whampoa has internally evaluated that their net asset value reaches 58 billion. If only the market value of the stock market is used to calculate, Hutchison Whampoa's total market value is only 20 It is about HK$[-] million. It can be said that this is a seriously underestimated company.

According to the stock price, the total market value of Hutchison Whampoa is even much lower than that of Wharf, because Wharf has already been speculated to a certain extent after the last exposure incident.

In fact, in Sioux City's view, Wharf is not as valuable as Hutchison Whampoa.

Of course, in the opinion of the chartering king, Wharf is more suitable for him. After all, he currently controls the largest fleet in the world, and the ships must have corresponding supporting facilities. Wharf is just right for him.

Although he initially reduced the burden on the fleet, it was impossible to sell them all. The charter king always relied on shipping to make his fortune.

It can be said that each takes what he needs.

"This is impossible. Hutchison Whampoa's stock price is seriously inconsistent with its actual value. At that price, it is a cheap sale." Shen Bi refused directly.

"As far as I know, when Huifeng Bank invested in Hutchison International, it only spent 1 million Hong Kong dollars. In less than three years, you made 5 million. You must have made a lot of money." Su Cheng smiled.

Of course, Sioux City actually knows that these are just superficial. At the beginning, Hutchison International suffered serious internal losses, and it was normal to enter at a low price. But now, under the management of Huifeng Bank, Hutchison Whampoa has turned losses into profits and become a company that can As a profitable group, Huifeng Bank should also make money.

Xiao Ai told him some of these stories before.

"Mr. Shen Bi, I think it's time to sell Hutchison Whampoa. Huifeng Bank, as a financial institution, cannot always hold Hutchison Whampoa in its hands. As a shareholder of Huifeng Bank, I suggest selling it if it suits you. As for the conditions, we can discuss them in detail." At this time, the chartering king also intervened at the right time.

In fact, Shen Bi doesn't know that as a financial institution, Hutchison Whampoa has always been in control. It is inconsistent with reason, law and circumstances, and it will eventually be sold. It just cannot find a suitable buyer for the time being.

At this time, Huifeng Bank is preparing for future uncertainties. It is making international deployments and planning to purchase Ocean Mile Bank in the beautiful country. If Hutchison Whampoa can sell it, Huifeng Bank will have sufficient funds. A lot, and I feel more confident about buying.

After Hutchison Whampoa returned to profitability and got on the right track, Huifeng Bank has already started looking for a suitable buyer, but they also have requirements for buyers.

First of all, the buyer needs to have an excellent vision, otherwise, Hutchison Whampoa will lose money after buying it, which is not a waste of resources; secondly, it must maintain a good cooperative relationship with Huifeng Bank, otherwise it will be sold to a competitor. , isn’t this just airdropping supplies to the enemy? Of course, if you have enough strength, that would be even better.

"If Mr. Su wants to buy it, I personally think that 10 Hong Kong dollars per share is a very appropriate price. If Mr. Su agrees, we can make a deal directly." At this time, Shen Bi said again.

If it can be sold at this price, most senior executives of Huifeng Bank will agree to this condition, let alone him.

Su Cheng shook his head directly and said: "Mr. Shen Bi, it's impossible for you to take advantage of everything, right? First of all, my target was originally the Wharf, which you and Mr. Bao asked me to sell to you; secondly, Hutchison Whampoa's The stock price has been around HK$5 for a long time. I personally think it is very reasonable to sell at this price.

If you pay 10 Hong Kong dollars, it will be double the price. At this price, I believe no one or buyer is willing to buy it. Otherwise, I will choose Wharf as the control object. As for Hutchison International, you can find the right one. Buy and sell. "Su Cheng's idea is very simple. Retreating in order to advance can be regarded as a way to provoke generals.

He figured out that Huifeng Bank must be looking for a suitable buyer, but couldn't find one for the time being. Secondly, Global Shipping Group was also a breakthrough point.

"Mr. Shen Bi, as the chairman of Huifeng Bank, I hope you will think clearly. It is difficult to find a buyer for Hutchison Whampoa. There is no need to be firm on the seller. Wharf is really important to our Global Shipping Group. ." The Charter King said again at this time.

"How about this? Let's make a compromise. If Mr. Su is sincere in acquiring Hutchison Whampoa, I will tell you my conditions:

1. We, Huifeng Bank, will sell it to you at a price of HK$7.5, and Mr. Su needs to pay us the full amount;

2. Mr. Su needs to transfer 23% of his equity to Global Shipping Group. As for the price, you can negotiate it yourself;

3. Mr. Su needs to sign a cooperation agreement with our bank, and Huifeng Bank will be responsible for all fund transfers of Hutchison Whampoa Group.

That's all for now, and I need to have a meeting with the board of directors. If the board of directors agrees, our transaction can be completed. "

At this time, Shen Bi quickly came up with preliminary conditions.

"Xiao Ai, in another world, when Li Ka-shing purchased Hutchison Whampoa, what was the price they signed?" At this time, Su Cheng did not rush to answer Shen Bi, but asked Xiao Ai in his mind.

"Master, the condition they reached was HK$7.1 per share, but in addition, Li Ka-shing also promised many conditions that were beneficial to Huifeng Bank, and then they reached the sale at this price."

There is a difference of HK$7.1 million between the transaction price of HK$7.5 and HK$3600.

It’s not too much and the price is reasonable.

In his previous life, Su Cheng had read a piece of news about Li Chaoren selling off domestic assets and investing in the UK. Su Cheng felt a little strange.

At this time, he probably guessed that Li Chaoren had signed some agreements with Huifeng Bank and was controlled by others.

And of course it was impossible for him to sign these unequal conditions.

In this case, the 3600 million would be nothing.

The most important thing is that he made too much money from Wharf, which was 50 Hong Kong dollars per share, a full 10 billion Hong Kong dollars.

Since you make a lot of money there, what about the losses here?
Thinking of this, Su Cheng stood up and said: "I can agree to the three conditions you mentioned. Then, I will wait for Mr. Shen Bi to give me good news. I hope we can have a happy cooperation!"

"Happy cooperation!"

The two shook hands.

This negotiation has been initially reached.

(End of this chapter)