Started from Hong Kong Island

Chapter 361 359 [It’s not your turn to say no]

At this time, Shen Bi had already realized that Li Wendi's target was Wheelock and Wharf Group. These conditions were within his acceptable range, but he did not intend to agree to Li Wendi so quickly.

"This matter still needs to be discussed with Mr. Li Jiacheng, because I have already agreed to sell HSBC's shares in Hutchison Whampoa to him," said Shen Bi.

"Okay, just give me an answer within three days." Li Wendi saw that Shen Bi was delaying, but it was useless because he would not stop acquiring Hutchison Whampoa shares and was even prepared to start a war.

Unexpectedly, Shen Bi shook his head and said, "It doesn't take three days. I can give Mr. Li an answer today. It's not me talking to Mr. Li Jiacheng, but Mr. Li talking to Mr. Li Jiacheng."

Hearing this, Li Wendi frowned slightly. Shen Bi's meaning was very clear. He wanted to make him and Li Jiacheng feud and create an enemy for himself.

After figuring it out, Li Wendi's brows slowly relaxed. In his previous life, Li Zhaoji and Li Jiacheng had a fierce battle over the Miramar Hotel Group, and then they started a fierce competition in the opening of real estate projects.

Judging from these things, his battle with Li Jiacheng is only a matter of time and it is no big deal.

"Okay, please ask Mr. Shen Bi to ask Mr. Li Jiacheng to come out. We will try our best to resolve this matter today." Li Wendi said with a smile.

Shen Bili became less happy than before. He felt that Li Wendi had found a way to deal with it, or did not mind having a grudge with Li Jiacheng at all.

an hour later

Li Jiacheng walked over slowly and greeted the two of them.

"Mr. Li, let's get down to business." Li Wendi said with a polite smile, "I have just discussed with Mr. Shen Bi. Mr. Li will acquire Hutchison Whampoa, but his Hebao Company will be sold to my Changxin Group. Mr. Li, do you have any suggestions on this?"

Li Jiacheng raised his eyebrows. He had studied Hutchison Whampoa for a long time and understood the significance of Hutchison Whampoa to Hutchison Whampoa. So he said, "Mr. Li, Hutchison Whampoa is an important part of Hutchison Whampoa. If it is sold, it will be a big blow to Hutchison Whampoa."

"Mr. Li, please forgive me for being frank. The losses of Hutchison Whampoa have nothing to do with me. This is part of the transaction between me and HSBC. It is a purely commercial act. If I didn't have the power, it would be impossible for Hutchison Whampoa to cede Hutchison Holdings."

"In other words, if Mr. Li doesn't have other interests to attract me, I won't change my mind. I am even ready to snatch Hutchison Whampoa."

Li Wendi knew that without the support of HSBC, Li Jiacheng would be unlikely to take over Hutchison Whampoa. However, he had the financial resources, and although there would be problems in management, he could first use Willis and build up a talent pool before taking over Hutchison Whampoa.

Li Jiacheng's face finally turned pale. He glanced at Shen Bi and said, "Mr. Li, do you really want to take over Hebao Company? Can't you change to another company?"

"Sure! Either Junyi Warehouse or Huangpu Dock Company will do." Li Wendi said with a smile.

Hearing this, Li Jiacheng's face turned even worse. He knew that Li Wendi was determined to split up Hutchison Whampoa. One company involved overseas layout, and the other company affected his plans for the container terminal. Both were difficult to choose.

"What if I can help Mr. Li get a substitute for Hebao Company from outside? How about Hengchangxing Company?" Li Jiacheng suggested.

The full name of Hengchangxing is Hengchangxing Enterprises Co., Ltd. Its founder is Ho Sin Hang, the chairman of Hang Seng Bank. Its business is diversified, involving trade, investment, automobile agency and other businesses. The first two businesses are second only to Jardine Matheson, and it is a very promising foreign trade company.

Li Wendi knew about this company, so he smiled and said, "Okay, but when does Mr. Li plan to hand over Hengchang Bank to me?"

Li Jiacheng was in a difficult situation. He didn't have the ability to acquire Hengchang Bank. He was just planning to paint a big pie for Li Wendi and talk about the future later. It was really a stopgap measure. However, Li Wendi didn't buy it at all.

"Mr. Li, this will take some time. I will definitely hand over Hengchang Bank to you before 80 years." Li Jiacheng said.

"Okay, but we have to sign an agreement. If Mr. Li cannot hand over Hengchang Bank to me before 80 years, Mr. Li will compensate Changxin Group with 200 billion Hong Kong dollars. How about that?" Li Wendi has never been a pushover.

200 billion yuan!

Shen Bi who was present could not help but be shocked. You know, the market value of HSBC is less than 200 billion yuan.

"Mr. Li, isn't this a bit too harsh?" Li Jiacheng's eyes turned unfriendly.

Li Wendi laughed and said, "Is Mr. Li planning to deceive me? Do you plan to take over Hutchison Whampoa first, so that I can't do anything to you?"

"." Li Jiacheng was speechless for a moment. He couldn't say that this was my plan.

"Okay, since Mr. Li is unwilling and Mr. Shen Bi is unwilling to help me, then I can only get it myself." Li Wendi pretended to stand up and leave.

"Mr. Li, please wait a moment!" Shen Bi tried to persuade him to stay, and in fact his goal was achieved.

"Mr. Jiacheng, it would be better to sell Hebao Company to Changxin Group. Such a transaction will benefit all parties." Shen Bi said to Li Jiacheng.

Seeing that Shen Bi had said so, Li Jiacheng was afraid that if he refused again, he might not even be able to keep Hutchison Whampoa.

"Okay." Li Jiacheng said, "I heard that Mr. Li has close ties with Willis, the boss of Hutchison Whampoa. After I take over Hutchison Whampoa, can Mr. Li help me to clarify things?"

"Mr. Li thinks too highly of me. Wells won't listen to me. But Wells is a smart man and he won't go against Mr. Li." Li Wendi said very bluntly.

After signing the agreement with Li Jiacheng, Shen Bi talked to Li Wendi alone because the transaction between Haifeng Bank and Wheelock Company had not been fully negotiated.

"Mr. Li, after half a year of your management, Haifeng Bank has gradually gotten out of its predicament. Its current market value is 5.5 million US dollars, and 51% of the shares are worth 2.8 million US dollars. Can we trade at the market price?" Shen Bi asked seriously.

"No problem! Then how does HSBC plan to help me acquire Wheelock?" Li Wendi asked in return.

"Mr. Li, do you want to take control of Willy Wong Company or just want the management rights?" Shen Bi asked.

"Of course it's controlling stake." Li Wendi knew that it would be difficult for Hutchison Whampoa to take controlling stake because of the Zhang Yuliang family's presence, but Li Wendi still wanted to give it a try. The power of HSBC and Cheung Kong Holdings might be able to make Zhang Yuliang surrender.

"It's difficult to control the company because the Madden family holds 14% and the Zhang Yuliang family holds 34%. The two families together hold 48%, which is almost 50%. But if it comes to management rights, I can personally negotiate with the Madden family and the Zhang Yuliang family to expel the Madden family from Henderson Land Development." Shen Bi rarely told the truth.

"Okay, I must get the 14% stake of the Madden family, and I hope HSBC will allow me to get an interest-free loan of 15 billion yuan, which I will pay back in three years." Li Wendi wanted to further weaken HSBC's strength. Shen Bi looked embarrassed, but helpless, because Li Wendi held his lifeline, "Okay, then you start secretly buying Wheelock's shares, and HSBC will help you with John Madden's side."

"It's a pleasure working with you! Mr. Shen Bi!" Li Wendi said with a smile, and Shen Bi forced a smile.

Li Wendi did not feel the slightest bit of guilt about betraying Wells. After all, Wells was a two-faced guy. The last time he cut off the cooperation between Cheung Kong Group and Hutchison Whampoa had already made Li Wendi very unhappy.

However, Wells is a capable person, but he is too ambitious and does not position himself well.

Li Wendi doesn't like people like Wells very much, but he doesn't want to make enemies everywhere.

August 78
HSBC and Cheung Kong Holdings jointly held a press conference to announce the sale of HSBC's 16.6% stake in Hutchison Whampoa to Cheung Kong Holdings.

There was a lot of discussion about HSBC's sale of 16.6% stake in Hutchison Whampoa at half the market price, with some people speculating that Li Jiacheng and Shen Bi had some private transactions.

Li Wendi was not so concerned about the price. What he cared about was that HSBC agreed that Cheung Kong Holdings would repay the acquisition loan within five years. Such an acquisition strategy would undoubtedly give 5% of Hutchison Whampoa's shares to Li Jiacheng for free.

At the same time, Cheung Kong Holdings announced that it held a 24.6% stake in Hutchison Whampoa, becoming the largest shareholder of Hutchison Whampoa.

Of course, it is still very difficult to drive Wells out of the "house" with this amount of shares. If Cheung Kong Holdings wants to expel Wells, it must hold more than 40% of the shares.

Therefore, Cheung Kong Holdings will focus on its operations against Hutchison Whampoa and will not have much energy to undertake other major projects.

Willis sensed the real crisis, thought it over again and again, and immediately went to find Li Wendi. He did not want to give up Hutchison Whampoa, as it was the result of his hard work over the past few years.

Changxin Group Office

"Mr. Wells, to be honest, our cooperation has always been superficial. You have your own interests, but you want to suppress mine. You are worried that the strength of the Changxin Group is too strong and will affect your interests in Hutchison Whampoa. Now you have no other choice, so you want to risk it all." Li Wendi smiled and said, "The Chinese have a saying that time waits for no one. Some time ago, I was willing to cooperate with you, but now I don't have to cooperate with you."

Wells felt that Li Wendi had reached an agreement with Li Jiacheng and Shen Bi, but thinking of the hatred between Li Wendi and Shen Bi, this possibility seemed unlikely.

"What conditions does Mr. Li want?" said Wei Lisi.

Li Wendi shook his head. "You still don't understand what I mean. I have reached an agreement with Shen Bi and Li Jiacheng. Cheung Kong Holdings' control over Hutchison Whampoa is irreversible."

Willis's face was as gloomy as water, and his fingers clenched tightly. He was still not ruthless or decisive enough.

"Mr. Willis, we Chinese have a saying, 'A blessing in disguise', which means that losing a horse is not necessarily a disaster." Li Wendi smiled and said, "Mr. Willis is still the boss of Hutchison Whampoa. Although I can't help you keep your position as boss, I can help you make a comeback, but I have conditions."

"What else does Mr. Li want to get from Hutchison Whampoa?" Willis asked Li Wendi with dissatisfaction.

"The shares of TVB! If you can help me acquire the shares of TVB, I can assist you in acquiring a large-scale company, or let you be responsible for most of the acquisitions of my companies. How about it?" The conditions mentioned by Li Wendi may seem insignificant, but in fact, they will play a big role for Willis after he leaves Hutchison Whampoa. After all, Li Wendi's influence cannot be underestimated.

Wei Lisi forced himself to calm down and think about Li Wendi's conditions. "Okay! I will open a new company. Mr. Li, please don't regret it again."

"Mr. Wells, I am a businessman who values ​​my promises. Once I have agreed to something, I will not break it easily." Li Wendi said with a smile.

Taking over the shares of the wireless broadcasting company is a move aimed at dealing with Shao Laoliu and cutting off his retreat.

It is now mid-July.

The news of the closure of Jiayi Television was reported in the newspapers. The closure of one of the three major television stations in Hong Kong naturally caused quite an impact.

There are many different opinions as to the reason. In fact, it was that the general manager of ATV, Zhou Liang Suk-yee, had a restructuring plan for the TV station that was too ambitious. The boss, Ho Sau-chi (Ho Tung's son), lacked confidence and financial resources and was unable to cope with the restructuring plan.

In his previous life, Li Wendi knew Zhou Liang Shuyi. She was a strong woman, to be sure, but she was too good at spending money. Without the financial resources and strong heart, he probably couldn't afford such a talent.

Moreover, ATV had big problems since its inception. The Hong Kong government stipulated that television stations must broadcast educational programs during their golden period. This meant that ATV was going to go bankrupt.

After the closure of ATV, there were only two major TV stations left in Hong Kong, TVB and ATV.

In 77, the ratings of TVB reached 95%, while ATV and ATV only accounted for 5%, which was a terrible situation.

Li Wendi touched his chin and thought for a while. He was still not very interested in TVB. It was not because it was not challenging enough, but because TVB's power was complicated and intertwined, and ATV was more suitable for monopoly.

"Let's sanction Shao Laoliu first and talk about other things later." Li Wendi said to himself.

I had just picked up the newsprint when a familiar voice came over: "How are you doing?"

Li Wendi didn't even raise his head. His secretary had already called him to inform him that Zhang Yan was here.

"What's good or bad about it? Work and life are just like that." Li Wendi turned the newspaper over and continued reading.

"Chen Songqing and Zhong Zhengwen planned to contact the Land Company to acquire the Golden Gate Building. I withdrew." Zhang Yan saw that Li Wendi was still unmoved, "I found out that they wanted to borrow money from Yumin Bank for development as you said."

Li Wendi finally put down the newsprint and said to Zhang Yan, "These two guys will get into trouble sooner or later. I have already sent people to check their backgrounds. Zhong Zhengwen is okay, at least he has the family company Yida Group. What does Chen Songqing have? He is just a gambler."

"Ayan, you know very well what kind of personality a gambler has. They won't let go easily unless they lose everything."

Zhang Yan nodded and said, "But the Golden Gate Building is so good, I can't help but be tempted."

(End of this chapter)