Started from Hong Kong Island

Chapter 281 279 [This is different from that time]

The beginning of April

太古洋行宣布与太古实业公司的合并方案：每4股面值1元的太古实业A股置换9股面值0.6元新发行的太古洋行A股，另外每股太古实业A股附加现金0.5元；B股方面，每4股面值0.2元的太古实业B股置换9股面值0.12元新发行的太古洋行B股，另外每股太古实业B股附加现金0.1元。

With the help of Wu Xiong, Li Wendi held 740 million A shares and 1020 million B shares of Swire Industries, and lost 674 million yuan, which has now all been transferred to Sun Hung Kai Securities. He can make a fortune from it.

He exchanged his shares for 1665 million shares of Swire Pacific Bank A shares and 2295 million shares of B shares, and automatically received 472 million yuan in cash. After deducting part of the original cost, Li Wendi used 202 million yuan to acquire tens of millions of shares of Swire Pacific Bank. This was an enviable investment.

Moreover, Swire Group did not stop promoting the merged company. At the press conference, the top management of Swire Group disclosed the assets of Swire Industries, conducted a detailed analysis of its subsidiaries, and announced Swire Group's next plans. The release of a series of favorable news greatly increased investors' confidence in Swire Group's stocks.

In addition, Jardine Matheson bought off many newspapers to publicize the matter, and the Qinian Newspaper also obtained more than 10 yuan in advertising fees, making the news of the merger of Jardine Matheson and Swire Industries ranked second after the acquisition of Wharf Holdings.

Sun Hung Kai Securities

Li Wendi looked at the news with a hint of joy on his face. The share price of Jardine Matheson would surely rise sharply. As to how much, no one knew. Even though Li Wendi had the memories of his past life, some trajectories of his current life had changed and were unlikely to be exactly the same.

"Mr. Li's investment in the stock market is really smart. He even guessed the merger of Jardine Matheson and Swire Industries." Feng Jingxi naturally knew that Li Wendi held a large number of Swire Industries shares, and the time of buying and selling was no more than two months, which was really surprising.

"It's just a blind cat catching a dead mouse. The four major trading houses except Wheelock and Company all had merger and acquisition plans. Swire Industries is of such high quality, how could Swire let it go? Now is a good opportunity, so they bought a part of it and try their luck." Li Wendi said with a laugh. The explanation seemed acceptable.

However, Feng Jingxi, who has been immersed in securities investment for many years, still feels that Li Wendi made his judgment after obtaining certain information about Jardine Matheson, because Li Wendi rarely fails in the stock market.

"It's really spectacular to acquire tens of millions of shares of Swire Group for 200 million. Swire Group is now much stronger, and there will probably be more acquisition wars in the future. It shouldn't be a problem for Mr. Li to double the number of shares in his hands." Feng Jingxi said.

"Haha!! I'll take your good words." Li Wendi said with a smile.

"The current share price of Swire Group has risen to 1 yuan. Mr. Li, you have earned more than 1000 million. It has risen to 1.2 yuan today, so there shouldn't be any problem," Feng Jingxi analyzed.

"Well! What do the foreign shareholders of Wharf Holdings say?" Li Wendi restrained his smile and asked Feng Jingxi.

"These foreigners are very arrogant and they all want a high price. One shareholder even asked for 30 yuan per share, and he wants to pay it all in cash at one time." Feng Jingxi's face darkened.

Li Wendi sneered, "The current share price is only 13 yuan, and they want a 130% premium. That's really asking too much. I might as well buy it directly from the stock market."

"Indeed, the asking price is too high. I suggest that you announce the acquisition immediately and announce to the outside world the news of holding 41% of the shares, and then acquire about 5% to hold 46%. Mr. Li, you can take over the Wharf Group." Feng Jingxi nodded.

"What about the Jardine Matheson Company? How many shares does it hold?" Li Wendi asked with a frown.

"It's estimated to be around 37%." Feng Jingxi continued: "Bao Fuda has not given up yet and is still in contact with other shareholders, hoping to get about 5% of the shares."

"Okay, please announce the acquisition and hold a press conference."

"Okay! I'll have someone arrange it right away. Will Mr. Li attend?" Feng Jingxi asked.

"Forget it, let Sun Hung Kai Securities represent me. The questions from those reporters are too tricky, and I'm in a bad mood. I don't want to be accused of scolding the reporters." Li Wendi waved his hand.

Mandarin Oriental Hotel, Central
Li Wendi and Bao Fuda met again.

"Mr. Bao Fuda, your Jardine Matheson Company is quite resourceful. Not only did you buy off HSBC, you also joined forces with so many of my competitors. My companies are having a hard time." Li Wendi said with a faint smile.

This was a "strike first and gain the upper hand" move, letting Bao Fuda know that he had suffered a heavy loss. If the Hong Kong Land Development did not have enough bargaining chips, the negotiation would end in vain.

Bao Fuda pretended to be surprised and said, "Really? The Land Company has been busy raising funds and has never contacted Mr. Li's enemies."

"Mr. Bao Fuda, guess whether I believe it or not? Even if it's not true, I can only put the account on the head of the Jardine Matheson Group. So I'm reminding Mr. Bao Fuda to include these losses in the conditions you offer." Li Wendi said frankly.

"Mr. Li, there is no such logic in negotiations. This is Mr. Li's own loss. How can he let the land company bear it?" Bao Fuda frowned, his face full of displeasure.

"Really? Then maybe we don't need to talk any further. Let me treat Mr. Bao Fuda to this meal." Li Wendi didn't want to argue with Bao Fuda. He didn't want to negotiate with the Hutchison Whampoa in the first place because he had to swallow the Wharf Group and there was no possibility of spitting it out.

Seeing Li Wendi getting up to leave, Bao Fuda quickly said, "Mr. Li, please wait a moment. Since this is a loss caused by the acquisition, the Landmark Company is willing to bear it."

"What about the HSBC incident? What will the Hong Kong Land Development say? Don't you want to admit it?" Li Wendi laughed. The HSBC incident was clear, and it was not the Hong Kong Land Development's turn to deny it.

Bao Fuda said, "I have indeed talked to Mr. Shen Bi, the boss of HSBC Bank, and I will try my best to make up for these losses."

"The conditions that Mr. Li had discussed with Mr. Shen Bi before have been agreed to by Hong Kong Land, but the 2 million yuan must be paid in installments within two years. At the same time, the company will purchase the Wharf shares held by Mr. Li at a 2% premium."

"Mr. Bao Fuda, aren't you a little too self-righteous? I've already said that these were the conditions before. At that time, Hong Kong Land had the upper hand. Now I have the upper hand, so the conditions will naturally not remain unchanged." Li Wendi sneered, "My conditions are Prince's Building in Central, the tram company and tunnel company under Wharf Holdings, and Dairy Farm's land of no less than 7 square feet in Causeway Bay."

"What? This is absolutely impossible!" Upon hearing this, Bao Fuda stood up and looked at Li Wendi in amazement.

The conditions are indeed a bit scary, but if you think about the assets of Wharf Holdings, Harbour City alone is worth the weight.

"There are still other losses of mine that have not been taken into account. Mr. Bao Fuda, there is no need to be so excited." Li Wendi felt so happy when he saw Bao Fuda's expression.

"Mr. Li, you really know how to make conditions." After Bao Fuda calmed down, his face turned pale and he spoke with gritted teeth.

"If Mr. Bao Fuda has objections to these conditions, then it will be difficult for us to continue the discussion." Li Wendi said with a smile.

"Mr. Li, as far as I know, you have borrowed more than 3 million yuan from the bank (1 million yuan was borrowed to acquire Yonggao Company), and the interest generated is huge. Mr. Li, I'm afraid you can't hold on for much longer." Bao Fuda calmly sorted out his thoughts.

"Don't bother Mr. Bao Fuda to worry about these things. My investments in the stock market are worth tens of millions, and I can afford to pay back the interest. As for the 100 million yuan loan from HSBC, I can also pay it back at any time. There is still more than a week left before the deadline from HSBC." Li Wendi continued, "I wonder if Wharf Holdings can hold on until then?"

"Wharf Holdings is important, but Prince's Building of Hong Kong Holdings is more important. It would be better to change the target." Bao Fuda felt that the board of directors would definitely not agree to sell the core property in Central.

"Let's change it to the Golden Gate Building, but the extra asset value of the Prince's Building needs to be traded with equivalent assets." Li Wendi said.

"."Bao Fuda wanted to bite Li Wendi to death, this is just a change of name but the substance remains the same.

"Since Mr. Bao Fuda can't make a decision, let's talk about it later. Let's eat first." Li Wendi pretended not to be in a hurry at all.

During the meal, a foreigner came over and whispered something in Bao Fuda's ear, causing Bao Fuda's face to turn from blue to black. He said sorry to Li Wendi and left with his people.

Li Wendi probably guessed what the news was - Feng Jingxi announced the acquisition on his behalf.

Bao Fuda still thought that Li Wendi was in a financial crisis, and that as long as he scared him a little, he could make huge profits for the Hutchison Whampoa Company. Unfortunately, he ignored Li Wendi's huge investment in the stock market.

The stock market seems to be sluggish, but in fact there is a small increase. For a large number of stocks, it is easy to make millions of profits, which is enough to pay the interest generated by 3 million.

As Fung King Hey said, Hong Kong Land also announced a counter-takeover case on the same day, telling reporters that "Wharf Holdings is developing very well and has no financial problems, so it does not need any company to take it over."

Hong Kong Land wanted to launch a strong propaganda war like it did against Dairy Farm International, launching a series of attacks on all of Li Wendi's businesses, saying that Li Wendi could not possibly acquire Wharf Holdings.
Li Wendi responded to the reporter, "I am buying in cash, so any problems will not harm the shareholders. Are the cash on display fake?"

Once these words were spoken, the news went viral.

No matter how much we talk, is it as attractive as money?

The Hong Kong Land Development Company still ignored the situation and announced that "one new Hong Kong Land Development Company share would be exchanged for one Wharf Holdings Company share" in an attempt to save the situation.

Today, the share price of Hutchison Whampoa is dozens of yuan, while that of Wharf Holdings is only a dozen yuan. It seems that shareholders have got a great bargain, so many shareholders have begun to flock to Hutchison Whampoa to register.

Li Wendi, who took the lead, has already acquired a lot of Wharf Holdings shares, with a shareholding of 45.7%.

In order to better control the Wharf Holdings, Li Wendi asked Feng Jingxi to announce that he still had 4600 million in funds and would continue to acquire shares at a price of 23 yuan per share until the funds were exhausted.

Therefore, many shareholders wanted to get cash. After all, stocks are not very valuable nowadays (because they were scared by the previous stock market). In the end, Li Wendi acquired about 0.4% of the stocks, and his shareholding reached 46.1%.

Li Wendi is not Zhou Xinian, who is worried about his retirement life not being guaranteed. Li Wendi is really too young. Even if he fails, he still has a chance to make a comeback, so he dares to take a gamble. Therefore, the so-called public opinion war can be defeated directly with cash, and there is no need to curse at each other from a distance like a shrew.

Moreover, the Jardine Matheson Group and the Hutchison Whampoa Group at this time were no longer in the same state as in 72. So much money had been withdrawn by the Keswick family that their vitality had been damaged. Otherwise, Li Wendi would have to be prepared to retreat, after all, all this was his hard work.

(End of this chapter)