Chapter 198 The battle for electric lights and telephones
There was a surge of excitement as soon as the Hong Kong Exchange opened today, and the stock prices of the three major groups of Jardine Matheson Group - Wharf, Heung Kong Electric and Heung Kong Telephone - began to rise.
When the news from Jiayi TV Station was broadcast, someone immediately started publicizing it on the exchange.
Some investors said: "Those who hold the stocks of Heung Kong Electric and Heung Kong Telephone Group have made a lot of money. Li Sheng's Tianyu Investment Company has released news that it will acquire the shares of these two groups at a price one level higher than the market price.
Share, Jiayi TV Station just broadcast this news."
A stockholder nearby said: "There is a good show this time. The stocks of these two groups will definitely rise. Now Li Sheng is directly confronting Jardine. I hope Li Sheng can remove these groups from Jardine Group."
Take it over. We, the Chinese, would be more at ease if we, the Chinese, make the decision on these companies."
The Jardine Group naturally also received this news. Newbigian did not expect that even if Li Guangyu left Xiangjiang, the counterattack from the Li Group would still be so fierce and come so quickly.
Newbigian came to Wei Jiali Deshawn and asked him: "Wei Jiali, how is the acquisition of Heung Kong Electric and Heung Kong Telephone going now?"
Wei Jiali Deshawn said: "Chairman, our Jardine Group currently holds 31.4% of the shares of Heung Kong Electric, while the shares of Heung Kong Telephone Company are 32.1%. The price per share of Heung Kong Electric has increased due to the influence of Tianyu Investment Company.
At 15.1 Hong Kong dollars per share, Hong Kong Telephone Company’s price rose to 23.4 Hong Kong dollars per share. Even Wharf rose to 49.4 Hong Kong dollars per share.”
Nubigian is also having a headache this time because it has too many groups. If it wants to keep all the groups from being acquired by others, it must control the controlling rights of the group. However, in its current form, Jardine Group's funds are still insufficient. Xiangjiang
Electric Light still needs to acquire 93 million shares to gain control, Hong Kong Telephone also needs to acquire 52.5 million shares, and Wharf needs 18.5 million shares.
Today, Yihe's funds are still sufficient, but it has just begun. The subsequent competition with the Li Group will definitely increase the stock market value of several groups rapidly, and he does not know whether Li Guangyu is preparing to attack the east or the west.
qiǎng gòu Xiangjiang Electric Lighting and Xiangjiang Telephone Company, but secretly plotted against Wharf.
Nubigian said: "Wei Jiali, you continue to arrange for people to acquire the stocks of the three group companies. Since the Li Group has increased the price to acquire them, we will also increase the price of one Hong Kong dollar to acquire them. We must ensure that we are happy.
and controlling interests in several groups.”
Wei Jiali Deshawn said: "Chairman, this still requires you to mobilize some funds. The funds we have prepared now are still somewhat insufficient."
Nubigian said: "I will meet with Shen Bi, chairman of HSBC, to seek support from them, and also request HSBC not to provide loans to the Lee Group for the time being."
At this time, in the chartered ship king's office, his second son-in-law Wu Guangzheng was reporting news about the Li Group and Jardine Group to the chartered ship king.
Wu Guangzheng said: "Father-in-law, this time the Li Group is publicly selling the stocks of the two major group companies under Yihe, should we get involved and make a move against Wharf?"
The charter king said: "Li Guangyu made a bit of a miscalculation this time. He originally thought that Yihe would focus on us, so he quietly acquired the shares of several groups later, waiting for us to compete with Yihe.
At that time, he attacked the two groups in Yihe again, but he didn't expect that after Yihe found out, he directly turned the gun and went towards them."
Wu Guangzheng was also a little speechless about Li Guangyu's tendency to hide behind and pick up bargains. Whether it was the previous Wharf issues or Hutchison Whampoa, Li Ka-shing was put in the front and he made money behind.
This time he was obviously planning to let his father-in-law compete with Yihe in the front, and he would make a profit by following behind. Wu Guangzheng knew very well that Li Guangyu definitely had a lot of Wharf stocks in his hands, but because of the operations of Tianyu Investment, it was too scattered
, Wu Guangzheng did not know the specific share.
Wu Guangzheng smiled and said: "Father-in-law, this is great. The pressure on our side will be reduced a lot."
Bao Yugang said: "Don't be too happy too early. Although the Yihe Group has now turned to the Lee Group, they have not let go of the acquisition of Wharf. Nowadays, Yihe is very wealthy and is attacking the three groups at the same time.
Once he succeeds, the prestige of the Jardine Consortium in Xiangjiang will rise again, and our Chinese family will not be too happy."
Although the charter king is willing to see Yihe shift his attention from himself to the Li Group, he still does not want Li Guangyu to fail, especially now that Li Guangyu is not in Xiangjiang, and Yihe has not made the same preparations.
There are enough groups. Once it fails this time, it will be difficult to seize these groups from Jardine Matheson.
Bao Yugang told Wu Guangzheng: "Please help me make an appointment with Ms. Li Xuemei. I will visit her at the Xingyu Group headquarters at three o'clock in the afternoon."
Wu Guangzheng did not expect that Bao Yugang would give Li Xuemei such face and went to visit him personally.
Wu Guangzheng said: "Father-in-law, you attach too much importance to Ms. Li Xuemei. Why do you need to go there in person? If you need something, just ask me to go."
Bao Yugang said: "Why, do you think I have some status when I go to visit Li Xuemei? You must know that Li Xuemei has always been in charge of Hong Kong affairs of the Li Group, and is known as the number one person in the executive team of the Li Group. She is also a member of the Xingyu Group.
President, this group alone has a current market value of tens of billions of Hong Kong dollars, why shouldn’t I pay a visit?"
When Wu Guangzheng heard what the chartering king said, he stopped mentioning it and said to the chartering king: "Father-in-law, I will contact Xingyu Group right now to discuss your visit in the afternoon."
Li Xuemei has already come to the securities department of Tianyu Investment Company in person at this time. Today he will be sitting here in person to understand the situation at any time and deal with it immediately.
When Li Xuemei learned about the acquisition, a staff member reported: "Ms. Li, Ms. Luo, Guo Sheng, there is news from the exchange that the Jardine Group has also increased the acquisition price. Now they are offering Xiangjiang Electric Light
The shares of several companies were purchased at prices of HK$16 per share, Hong Kong Telephone Company 24 per share, and Wharf HK$50 per share.”
Li Xuemei did not expect that Yihe would be really ruthless this time. Not only would they target the Heung Kong Electric and Heung Kong Telephone Group acquired by the Lee Group, but they would also not let go of the Wharf Group.
Li Xuemei ordered: "Feng Tao, immediately notify our staff at the exchange to add one Hong Kong dollar to theirs. We must always keep our purchase price higher than that of Jardine Matheson Group."
"Okay, Ms. Li, I'll make arrangements right away." Guo Fengtao said.
At this time, Wang Qian, general manager of the Xingyu Group Administration Department, came here.
Li Xuemei asked: "Wang Qian, what's the matter with you coming here?"
Wang Qian replied: "Ms. Li, Mr. Wu Guangzheng called just now and said that Mr. Bao Yugang hopes to visit you at Xingyu Group at three o'clock in the afternoon. How should we reply to them?"
Li Xuemei knew that the reason why the chartering king came to visit her at this time must be because of the Wharf shares held by Jardine Group and Tianyu Investment Company.
Li Xuemei said: "Wang Qian, go and reply to Mr. Wu Guangzheng. I will greet Mr. Bao Yugang at the company in the afternoon."
"Okay, Ms. Li, I will reply to Wu Sheng right away." After Wang Qian finished speaking, she left the securities department.