Started from Hong Kong Island

Chapter 366 364 [Zhang Family Scandal]

Zhong Zhengwen looked confused and Chen Songqing frowned slightly. The two did not quite understand Li Wendi's purpose. The entrance of Swire Group was not so easy to enter. People like Bao Fuda from the Hong Kong Jardine Matheson Group had made things difficult for them countless times.

Moreover, such hype is very risky. Jardine Matheson is full of talented people and has a large scale, so Li Wendi should also have concerns.

"Mr. Li, we have never dealt with Jardine Matheson, and we also heard that Mr. Li's relationship with Jardine Matheson is not very harmonious. I'm afraid things will be difficult to handle." Chen Songqing politely refused. He didn't want to expose his plan.

"Mr. Chen, I have already guessed most of your plans. If you are not careful, it will lead to disaster. Changxin Group will not take risks for the sake of 2-3 million yuan in profits, and we are not interested in being a backer for Jianing Group." Li Wendi said bluntly, "At first, when I heard about your cooperation intention from Zhang Yan, I didn't want to meet you. Later, considering that we are all Chinese, I just gave you face."

"It seems that your plan is very suitable for large British companies. The advantage is that you have a strong backer, and it is impossible for small winds and waves to overthrow you. At the same time, it is more conducive to the recognition of the Jianing Group by shareholders."

"Mr. Li, we have considered Jardine Matheson, but this doesn't seem to work." Chen Songqing analyzed the situation with his own analysis.

Upon hearing this, Li Wendi couldn't help but sigh in his heart that Chen Songqing was really good and his analysis was incisive.

So, Li Wendi gave Chen Songqing another target, "Mr. Chen, Mr. Zhong, what do you think of Hutchison Whampoa?"

Speaking of Hutchison Whampoa, Chen Songqing's eyes lit up, but soon dimmed again. Both Willis and Li Jiacheng were not easy to deal with, and it would be easy for them to see through the trick.

"Hutchison Whampoa is a good company, but the difficulty is not much less than that of Swire Group." Chen Songqing sighed.

Li Wendi knew that Li Jiacheng was very short of cash now and might take risks. As for Wells, he would say hello to him personally.

"I have a good relationship with Mr. Wei Lis and Mr. Li Jiacheng. As long as Mr. Chen is willing to give out half of the 6.8 million yuan in profits, I believe they will be tempted." Li Wendi said with a smile.

Zhong Zhengwen and Chen Songqing looked at each other, and Chen Songqing agreed and asked Li Wendi to help introduce him.

Li Wendi said, "Forget about the introduction. You can go and meet Mr. Li Jiacheng directly. Don't mention that you have come to my place. As for why, I think you know. I will personally greet Wei Lisi. You don't need to worry."

Since I can't cheat Swire, I'll try to target Li Jiacheng. It may not work, but I'll definitely fail if I don't try.

"We understand!"

The two annoying guys finally left. Li Wendi didn't want to have any contact with them at all, but he reluctantly met them just because he thought it could weaken his opponent.

In his previous life, Zhan Peizhong was only helping Chen Songqing with IPOs and share offerings to raise funds, and was blacklisted by Hong Kong's wealthy people. For a long time, they looked disgusted when they heard his name.

The Baishunning Group, which had a deal with him, became a rat crossing the street, and survived for many years relying on its previous foundation. Li Wendi believed that as long as Li Jiacheng dared to cooperate with Chen Songqing, his reputation would not be very good.

In order to advance the conspiracy, Li Wendi immediately asked Wells out and told him about the matter.

If we were to say who hates Li Jiacheng the most, it would definitely be Willis. After all, Li Jiacheng took away Hutchison Whampoa, which he had worked hard to run for five years, and now he is going to be kicked out.

When Willis heard the plan, he immediately understood and said he would help and approve it at the board meeting.

Everything is ready, only the east wind is missing.

Mid June

As soon as the US$2.8 million from HSBC arrived, Li Wendi immediately notified William of Citibank and asked him to help buy US$2 million in gold, which was stored in the safe at the Citibank headquarters in the United States.

At this time, the gold price had reached $266 per ounce. $2 million could buy 75.1 ounces. The remaining $8 million was reserved for future use, perhaps for a leverage operation in 79. At the same time, a scandal broke out in Hong Kong. Zhang Yuliang, the head of the Zhang Zhushan family, issued an order in the name of the family company Zhang Xingyetang, requiring all family members to move out of the ancestral house at McDonald No. 78 before December 12, 15. Those who were willing to move out could receive installment compensation of 8 million to 150 million per family, and each son and nephew of each family could receive a gift of 300 to 70. In the future, the company would no longer bear the expenses of family members.

The reason for the forced relocation was that the company was developing the site property, and the Zhang family members would not receive compensation if they did not relocate.

The cleverness of Zhang Yuliang's approach lies in the fact that he himself had to move out, and on the surface he did not gain any additional family wealth.

In fact, Zhang Yuliang had been plotting to seize the Zhang family's property for a long time, ever since he took over the family business. Even when Zhang's grandmother Guo Geng was alive, she had never noticed.

To this day, Zhang Yuliang has not transferred all of the family property, and his sons and nephews have grown up. He was worried that his ambition would be exposed and someone would stop him, so he simply did not conceal it and directly swallowed up the Zhang family's wealth.

Most of the Zhang clan members moved out. They knew Zhang Yuliang's methods and were unwilling to gain nothing. Only Cui Xiuying, the wife of Zhang Zhushan's second son Zhang Yulin, resisted the relocation because her son-in-law Luo Decheng was a barrister and also a Chinese legislator. Therefore, she was not very afraid of Zhang Yuliang and dared to resist.

In order to force Cui Xiuying to move out, Zhang Yuliang cut off the water, electricity, gas and telephone lines of the ancestral house and sent guards to guard it. Fortunately, Cui Xiuying's children hung supplies up to her, so she was able to hold on.

Such incidents kept happening, so it was natural for reporters to be unaware of them. So many reporters gathered around to watch and take pictures, while also investigating the Zhang family's wealth.

As soon as the news came out, the citizens of Hong Kong were amazed at the wealth of the Zhang family. They had lived in Hong Kong for many years but had no idea that there was such a wealthy family, which surprised them greatly.

Li Wendi looked at the news report, with a cunning smile inadvertently revealed at the corners of his mouth. This incident did happen ahead of schedule, so the action of Changxin Group to acquire Wheelock's shares from the stock market could be delayed.

Because such family struggles among the rich are exactly what the citizens of Hong Kong like. If Zhang Yuliang's ugly face is revealed to the public, how can he stay in Hong Kong for a long time? Moreover, the political situation in recent years has been unstable and people's hearts are uneasy.

Li Wendi immediately called Bai Hui over and asked, "What percentage of Wheelock's shares do we hold?"

Bai Hui replied, "26.5%!"

"Continue the acquisition, but slow down the pace," said Li Wendi.

Bai Hui did not ask the reason. She has always been an executor and rarely had the opportunity to make decisions.

"Boss, we don't have much funds recently. Can we mobilize some from somewhere else?" Bai Hui suggested.

Li Wendi nodded and said, "I'll have someone transfer 8 million to you from the Capital Real Estate Company. If it's not enough, we can talk about it later."

Changxin Group has never had much working capital. Now that it has acquired the twin towers of the HarbourFocus Center and Wheelock Holdings, the 15 billion yuan borrowed from HSBC has been exhausted in an instant. It really cannot come up with much funds to increase its stake in Wheelock Holdings.

But maybe we can think of other solutions.

"How's the acquisition of Conglomerate going?"

Bai Hui said, "It already controls 31% of the shares of the United Enterprise Company, which exceeds the 30.6% of the parent company Wheelock."

Li Wendi nodded with satisfaction. Together with United Enterprises' 6.8% stake in Wheelock, Cheung Kong Holdings now controlled 33.3% of Wheelock's shares, about 0.7% less than the largest shareholder, Zhang Yuliang.

"Once the 8 million raised is used up, we will suspend the purchase of Wheelock's shares."

"Yes!" said Bai Hui.

(End of this chapter)