We're building a super chaebol in Hong Kong
#10 - Planning
Emerging from Wang Hai's office, Su Cheng went straight to the top floor of Tianyuan Building and arrived at Zhang Qizheng's office.
The news that Tianyuan Investment Management Company intended to take control of the Wharf Group had been released for two days, and in those two days, all the commercial media had gone crazy, frantically searching for clues to see if they could get a big scoop.
However, Zhang Qizheng's confidentiality work was done very well, and with the security measures of Tianyuan Building being very strict, under normal circumstances, outsiders could not enter the building without a pass.
This also led to the major media outlets being unable to dig up any useful news.
"Boss, you've arrived." Seeing Su Cheng, Zhang Qizheng quickly stood up.
"How is the Wharf matter progressing?" Su Cheng asked after finding a chair and sitting down.
"Jardine Matheson's chairman, Newbigging, has been contacting me these past two days, hoping that I can meet with him as soon as possible. I agreed to meet him tonight," Zhang Qizheng replied.
"Well, meeting him is good too. Promoting HSBC Bank to contact us sooner and acquiring Hutchison Whampoa sooner will also benefit my next development plan," Su Cheng said with a smile.
"Because of the news we released, some speculators are frantically buying up the limited number of Wharf shares on the market, causing Wharf's stock price to more than double again. The price has now exceeded HK$50 per share, which is now the highest level in Wharf's stock price history," Zhang Qizheng continued.
Fifty Hong Kong dollars per share was indeed being speculated very high. According to the original history, because the news of Li Ka-shing's frantic acquisition of Wharf's shares was spread, Wharf's shares soared to HK$46 per share in March 1978.
In this parallel world, because of Su Cheng's appearance, the original history had been completely changed, so it did not rise too high in March, but today in May, it was also soaring wildly because the news was released.
Currently, Tianyuan Investment Management Company controls 23% of Wharf's shares, nearly 20 million Wharf shares, with an average acquisition price of only about 15 yuan.
The reason why it was so low was because Su Cheng had planned too early, starting as early as the stock market crash in 1973, using the method of "crossing the sea under cover of darkness" to quietly acquire Wharf shares from various channels.
Five years had passed, and almost all of the low-priced circulating shares on the market had been acquired by Tianyuan Investment Management Company controlled by Su Cheng.
That is to say, Su Cheng only spent about HK$300 million before and after buying 23% of Wharf's shares, but if calculated according to the current market value, the Wharf shares controlled alone were worth HK$1 billion.
Of course, HK$50 per share was definitely inflated, and no one would spend so much money to buy a large number of shares.
"How is the situation with Hutchison Whampoa?" Su Cheng asked.
"Because the Wharf matter has caused a great stir, no one is paying attention to Hutchison Whampoa, the stock price is very stable, and we continue to secretly acquire their shares," Zhang Qizheng said with a smile.
Previously, Tianyuan Investment Management Company itself did not have much working capital, but after Su Cheng received the two hundred million yuan transferred by Ye Tianrui, Su Cheng directly transferred the money to Tianyuan Investment Management Company's account through a European bank.
Therefore, Tianyuan Company had money to continue acquiring Hutchison Whampoa shares.
"Okay, we should hold as many Hutchison Whampoa shares as possible. Of course, the news must not be leaked. My goal is to control more than 50% of Hutchison Whampoa's shares, so that no one can stop us from controlling Hutchison Whampoa," Su Cheng said seriously.
In fact, HSBC Bank currently controls 22.4% of Hutchison Whampoa's shares. If it can buy the shares controlled by HSBC Bank, plus the 18% of shares held by Tianyuan Investment Management Company, the two combined will account for more than 40% of the shares.
If Tianyuan Investment Management Company can acquire another 10% of the shares before buying the shares held by HSBC Bank, once the shares in HSBC Bank's hands are bought, the Hutchison Whampoa shares controlled by Tianyuan Investment Management Company will directly exceed 50%.
The more the better!
"Boss, please rest assured, I will definitely perfectly complete the task you have arranged," Zhang Qizheng said with full confidence.
"Two hundred million Hong Kong dollars should be enough for you to spend for the time being. If you don't have enough money, come to me again." Seeing that his subordinate was so confident, Su Cheng was naturally very satisfied. Which boss doesn't want to have the most capable employees!
As for money, with the intelligent AI in his mind, he had plenty of ways to earn it.
In addition, the Su's Group, which had returned to his hands again, could also contribute some funds, although it might not be much, it could still help in an emergency.
"By the way, boss, Baochuan Wang is also inquiring about our news. This morning, I received a call from him personally, also hoping to meet with us and chat, but because I had promised to meet with Jardine Matheson's chairman Newbigging at the time, I temporarily told him that I was not available these days and needed to find another time to arrange it," Zhang Qizheng suddenly thought of this and quickly told Su Cheng.
Su Cheng was not surprised that Baochuan Wang was eyeing Wharf. In the original world, he was the one who acquired Wharf.
Baochuan Wang was definitely a business leader in the Hong Kong Chinese community in this era. Even the Huo family could not compare to him.
In 1985, Baochuan Wang's assets amounted to 40 billion yuan, and in the current 1978, although not as much as that time, he still had half.
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And this year, Baochuan Wang's maritime kingdom reached its peak, firmly occupying the top spot among the world's seven major shipping magnates and one of Hong Kong's top ten consortia.
Of course, at this time, he had already quietly begun to implement the second step of his "abandoning the boat and landing" strategy: "landing".
Simply put, he was not optimistic about the future shipping industry, so he planned to sell some ships and find a target to acquire.
Wharf under Jardine Matheson was his target.
"You call Baochuan Wang back, I'll go meet with him," Su Cheng suddenly said.
Compared to Shen Bi, Su Cheng was more willing to meet with Baochuan Wang.
Baochuan Wang could be considered a businessman that Su Cheng admired more. Everyone was Chinese, and it would be good to have a good relationship with him while in Hong Kong.
Moreover, they wanted to control Hutchison Whampoa, and Baochuan Wang was a good and capable assistant.
With Baochuan Wang's support behind him, Su Cheng would be able to better persuade HSBC Bank's chairman Shen Bi when negotiating with HSBC Bank in the future, so that he would willingly sell the Hutchison Whampoa shares to Tianyuan Investment Management Company.
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