We're building a super chaebol in Hong Kong

The press conference didn't have much content; the most important thing was to announce the news that Su Cheng had become the second-largest shareholder.

Afterward, Su Cheng casually dealt with the reporters' questions.

When asked about oil, the world's richest man, and other issues, Su Cheng directly refused to answer.

With Su Cheng's current status and position, even if he didn't answer, the Hong Kong media reporters wouldn't dare to make a fuss.

The world's richest man, who would have thought that Hong Kong could produce the world's richest man, and one who is only 22 years old.

At this age, if he were in college, he wouldn't have graduated yet!

But Su Cheng has already become the world's recognized richest man.

This honor is also a deterrent, as if he is high above, creating an invisible aura that no one dares to offend easily.

The press conference lasted only one hour before it ended.

Afterward, Pao Yue-kong, in his capacity as the taipan of Wharf, invited all the bigwig guests to lunch together.

Next to the Wharf headquarters building is the Wharf Hotel, a luxury hotel, which conveniently accommodated everyone for lunch.

It was a rare opportunity for all the bigwigs to gather together; having lunch allowed them to discuss collaborations privately.

At the same time, after the press conference ended, those media reporters drove back to their companies one after another.

This news was really too surprising; what they needed to do now was to return to the company as soon as possible and then give the material to the editorial department so they could write articles that would attract citizens.

However, it would definitely be too late to publish it in today's newspapers; they could only wait until tomorrow.

Only television stations and radio stations have more advantages; they can publish the latest news and information in a timely manner.

Therefore, before the newspaper media throughout Hong Kong had published the news, TVB, Jia Yi Television, Hong Kong Radio, Li's Television, and others successively released the news that Su Cheng had become the second-largest shareholder of Wharf Group.

In less than an hour, this matter caused a great sensation throughout Hong Kong.

The whole of Hong Kong is only so big, and the population is dense enough; it doesn't take long to spread something.

However, with so many people entering the market, it was destined to push Wharf's stock very high.

Originally, Pao Yue-kong, the taipan of Wharf, already owned 40% of Wharf's stock.

Adding Su Cheng's nearly 30% of Wharf's stock, the remaining Wharf stock was only about 30%.

Within the Wharf Group, there are still several shareholders holding a certain amount of stock, and the stock in their hands adds up to more than a dozen points.

That is to say, only a dozen points of Wharf's stock remain on the stock market.

With all the Hong Kong stockholders competing for these dozen points of Wharf stock, one can imagine how high it could be speculated.

Originally, Su Cheng could have acquired Wharf's stock on the market in advance, but he didn't do so; holding 29.87% of Wharf's stock was already enough.

Because, if he held more, it would definitely make Pao Yue-kong feel that Su Cheng had the idea of taking down Wharf, and at that time, the relationship between Su Cheng and Pao Yue-kong might turn into animosity.

Su Cheng didn't necessarily have to take down just one Wharf; this could be considered giving Pao Yue-kong face.

After all, Su Cheng had also learned about Pao Yue-kong's deeds in his previous life and knew his character; he was a patriotic businessman worthy of respect.

There was no need to be an enemy of such a person.

Su Cheng's sights were no longer limited to one place, but were cast on the whole world.

This is also why he has been making frequent moves recently, taking over Intel, Namei Entertainment, and others in succession. In addition, he has secretly absorbed the stocks of international giants such as Philip Morris, Coca-Cola, PepsiCo, Wrigley, Procter \u0026 Gamble, and Hershey Foods.

In Su Cheng's view, Hong Kong is just a small stage; the whole world is a big stage.

To be honest, if he wanted to take down Wharf, he could do so at any time with his current financial resources.

After all, there are still a lot of Wharf stocks on the stock market, and if he could offer a high price to those shareholders who hold a lot of stock, those shareholders would also be willing to sell their stocks to Su Cheng.

Pao Yue-kong only holds 40% of Wharf's stock; if Su Cheng takes more than a dozen points of Wharf's stock, he can easily surpass Pao Yue-kong and become the largest shareholder of Wharf.

It's just that there's no need to do so.

Money can never be earned enough; Su Cheng never thought of monopolizing the entire Hong Kong economy.

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In his opinion, instead of fighting with Pao Yue-kong, it would be better to take over more British-owned enterprises.

Internal strife is not a good tradition for a nation.

Of course, if there are Chinese businessmen that Su Cheng doesn't like, Su Cheng will not be polite.

The Hong Kong stock market has a lunch break; when the lunch break ended, all the stockholders acted one after another.

20 Hong Kong dollars per share, 25 Hong Kong dollars per share, 30 Hong Kong dollars per share...

Driven by all the Hong Kong stockholders and market makers, Wharf's stock price rose very quickly; in just half an hour, Wharf's stock price doubled.

This is not the end; the stock price is constantly breaking today's record.

On the contrary, there is still not much trading volume in other stocks.

Despite this, the transaction price of the Hong Kong Stock Exchange has been rising wildly.

After all, after some lucky stockholders grabbed the stock, seeing that the stock price is so high, they will definitely not be able to resist the temptation and sell the stock again.

And under the hype of the market makers, some stockholders have already gone crazy.

A listed company that is favored by a world shipping magnate and a world's richest man must be a very high-quality listed company.

For such an enterprise, let alone dozens of Hong Kong dollars per share, hundreds of Hong Kong dollars per share are worth it!

At four o'clock in the afternoon, the stock market's closing time finally arrived, and the bell of the Hong Kong Stock Exchange also rang.

At this time, the stockholders finally woke up from their frenzy.

At this time, Wharf's stock price has risen from the lowest price of 18.5 Hong Kong dollars per share in the morning to 86.8 Hong Kong dollars per share, a direct increase of more than four times!

That is to say, the total market value of Wharf today has almost reached 9 billion Hong Kong dollars.

And the Wharf stock that Su Cheng bought for 500 million Hong Kong dollars yesterday has become a market value of 2.7 billion Hong Kong dollars in just one day.

In just one day, this fund has increased more than 5 times.

This is the charm of the stock market.