487, Jianghu is once again in turmoil, heroes gather to gather at Defeng
"The most revolutionary acquisition in Hong Kong's commercial history is about to take place!" -- "China Economic Journal"
Nowadays, with the collapse of "Oriental Daily", "Zhen Bao" quickly took over the position of "Oriental Daily" in Hong Kong and became the largest newspaper in Hong Kong.
However, there are specialties in the field. "True News" is the largest newspaper in Hong Kong, while "Xin Bao" is the most authoritative financial newspaper in Hong Kong.
"According to the news obtained by this newspaper, Qi Dezun, the chief executive of Hehe International, is in contact with John Madden, the chief executive of Wheelock. The discussion is about the possibility of Hehe International acquiring Wheelock, and the negotiations between the two parties have reached a substantive stage.
Hehe International was founded in 1860, and was renamed Hutchison & Co. in 1873. In the 1950s, Wheelock acquired 50% of the shares. In the mid-1960s, Qi Dezun acquired Hutchison & Co. through Wanguo Enterprises, which he controlled, and renamed it the following year.
International, since then Hehe International has entered a period of rapid expansion, and has successively acquired established British-owned groups such as Huangpu Shipyard, Watsons, Junyicang, Dehui Bao Yang, Taihe Yang, and Qichang Yang. Later, it became a company with business operations covering real estate.
, finance, insurance, hotels, shipping, warehouses, cotton and wool textiles, automobiles, wine, soda, medicine, import and export trade and other large consortiums.
Together with Jardine, Swire, and Wheelock, it is one of the four major foreign banks in Hong Kong.
However, due to its excessive expansion speed, it suffered losses and even fell into bankruptcy and liquidation last year. Fortunately, with the help of Xiangjiang Jiaku Consulting Company, it completed the business downsizing and sold off a series of listed companies. At the same time, the management
Carrying out reforms and a series of other major events.
According to last year's financial report and company announcements, Hehe International has downsized from a large consortium to a consortium focusing on real estate and finance, as well as some trades. Last year's recurring profits were HK$10.9 billion and non-recurring profits were HK$39.8 billion.
Obviously, Hehe International has passed its own dangerous period.
However, Hehe International, which has just passed the crisis period, has once again returned to its old ways under the leadership of Qi Dezun and embarked on the road of expansion. Whether this will be good or bad for the future development of Hehe International is still unknown.
But what is certain is that if Hehe International successfully acquires Wheelock, then Hehe International will become one of the four major consortiums in Xiangjiang, alongside the Jiaku Group, HSBC and Jardine Matheson.
Wheelock, founded in 1925, was officially renamed Wheelock Co., Ltd. in 1932. Its subsidiaries include listed companies Wheelock, Real Estate Trust, Commonwealth Real Estate, Havana Development Co., Ltd., Lane Crawford, China Department Store, and Wheelock Shipping.
It is a large, diversified and comprehensive enterprise group with enterprises such as Agricultural Services, United Enterprises, and Baofu Development.
It is also one of the four major foreign banks in Hong Kong."
The Hong Kong Economic Journal introduced the situation of the two companies in detail and stated that if Hehe International successfully acquires Wheelock, it will reach the scale of Jiaku Group, Jardine Matheson and HSBC.
In today's Hong Kong, there are four major foreign banks with British capital, and there are also three major financial groups in Hong Kong!
Chu Huan's Jiaku family, Keswick family's Yihe, and Xiangjiang's HSBC were known as the three major financial groups in Xiangjiang last year.
However, those were just private names. Now, the Hong Kong Economic Journal has officially named these three major consortiums.
In no particular order, the three major financial groups in Hong Kong!
And now the Hong Kong Economic Journal points out that if Hehe International can successfully acquire Wheelock, it will be one of the four major conglomerates in Hong Kong!
This shows how sensational this news is!
Hong Kong, Central, Chinese Walk!
In Chu Huan's office, Chu Huan, Xu Yi, and Qiao John were sitting together to discuss this matter.
"According to our analysis, it is very likely that John Madden of Wheelock was the one who revealed this matter. He wanted to take advantage of this situation and force Hehe International to raise the price of acquiring Wheelock."
Although Wheelock's current situation is not very good, it is undeniable that Wheelock, as one of the four major foreign banks in Hong Kong, has unlimited potential. The current situation is entirely caused by management chaos. If Wheelock can be obtained,
It can definitely make your company even more powerful.
Previously, the John Madden family did not announce their intention to sell Wheelock. Now that they have this idea, many people will definitely be concerned about it.
It is conceivable that once this news is released, it will immediately arouse the concern of many companies in Hong Kong.
Although HSBC cannot directly control non-financial companies due to Hong Kong's laws, it can temporarily obtain a controlling stake in Wheelock and then sell it to obedient businessmen.
Jardine will not give up this opportunity. If it can acquire Wheelock, Jardine will completely control all walks of life in Hong Kong.
Don't look at Chu Huan's Jiaku Department, which is now the company with the highest valuation in Xiangjiang. Because Chu Huan only has one listed company, Qingzhou Yingni, so for Chu Huan's Jiaku Department, everyone can only evaluate Chu Huan's Jiaku Department, not just as a listed company.
The same as a company, it gives the so-called market value.
But Chu Huan's Jiaku system is somewhat different from that of Yihe and HSBC in Xiangjiang.
In the eyes of outsiders, Chu Huan's Jiaku Group has four major industries, textiles and garments, animation, media, and real estate. Among them, only garments and real estate are related to people's livelihood. The other two, although their valuations are high, have nothing to do with it.
It has nothing to do with people's livelihood, which means that the valuation is high, but the impact on ordinary people's lives is not very high.
But Jardine Matheson and HSBC are different. The fields involved by these two companies can be said to be closely related to the people's livelihood in Xiangjiang, so their influence is naturally greater.
Acquiring Wheelock will allow them to expand their existing influence to the maximum.
Even if Jardine Matheson can acquire Wheelock, it may surpass HSBC in terms of size.
Therefore, as long as this news spreads, it will definitely have a strong influence in Hong Kong, and all well-known companies will participate.
Naturally, John Madden could use this to sell his shares in Wheelock at a higher price.
This chapter is not over, please click the next page to continue reading! "In addition to John Madden, I think Zhang Yuliang of Wheelock may also do this. After all, he is the person with the largest shareholding in Wheelock. If he sells his own
He will benefit even more from Wheelock’s stock.”
Xu Yi expressed his thoughts.
The sale of Wheelock is such a big matter. Even if the John Madden family and Zhang Yuliang are at odds, it is impossible for no information to be leaked. Therefore, according to Xu Yi's idea, Zhang Yuliang, a smart man, is very likely to have this aspect.
idea.
The person who can win Wheelock must be the top consortium in Hong Kong. As Wheelock's largest shareholder, Zhang Yuliang can't reach the current business status quo of non-interference between the two parties with the new Wheelock controller.
As you know, Zhang Yuliang is very likely to take advantage of this opportunity and sell his Wheelock shares at a high price to obtain sufficient cash.
After all, Zhang Yuliang in this time and space has already begun to plan the possibility of leaving Xiangjiang due to the appearance of Chu Huan.
"Besides these two people, is there anyone else who has this possibility?" Chu Huan sat there and asked.
John Qiao said, "The people responsible for cooperating with Qi Dezun in negotiating the acquisition of Wheelock are all from our Jiaku, and their loyalty is not a problem. It is impossible for these people to disclose this news, and Qi Dezun has no reason."
Since it’s not ours, it can only be John Madden or Zhang Yuliang!”
Chu Huan thought for a moment and agreed with Qiao John and Xu Yi's analysis.
"But now, it doesn't matter who leaked the news. What matters is that with the leak of the news, the price of Hehe International's acquisition of Wheelock will definitely increase."
Wu Shuhan told the key to this matter.
Chu Huan and the other three cast admiring glances at her, pointing straight to the core of the problem!
Facing these three admiring looks, Wu Shuhan showed an embarrassed expression.
"What's the situation at Qi Dezun's side now?" Chu Huan looked at Qiao John and asked.
John Qiao said, "As soon as the report came out, Qi Dezun contacted John Madden. Although John Madden did not directly specify that he wanted Hehe International to increase the acquisition price, he also expressed his hope to talk to multiple parties and look at other aspects.
Make an offer!”
"Sit down and raise the price!" Chu Huan concluded.
"That's right, Wheelock just wants to raise the price on the ground!" John Qiao agreed.
Chu Huan pondered for a moment and said to Xu Yi, "Contact John Madden of Wheelock in the name of the company and ask him about the possibility of acquiring Wheelock!"
The other three people in the office were stunned when they heard Chu Huan's request. They all knew the truth of the matter. Hehe International's acquisition of Wheelock was actually Chu Huan's request, and the actual owner of Hehe International was also Chu Huan.
Now Chu Huan actually wants to ask John Madden of Wheelock through Jiaku about the possibility of acquiring Wheelock. Isn't this raising the price for himself?
But this doubt only lasted for a moment, and soon they figured out Chu Huan's intention.
As one of the largest consortiums in Hong Kong, the Jiaku Department, and most of the projects run by Wheelock are lacking in the Jiaku Department, if Chu Huan’s Jiaku Department does not inquire from John Madden under such circumstances
, that is the biggest doubt!
After thinking about this, Xu Yi immediately said, "I understand!"
There is no need to have any doubts. The Wheelock acquisition was revealed by the Hong Kong Economic Journal and immediately became the most exciting news in Hong Kong.
Everyone has focused their attention on this.
In the morning of that day, the financial experts from Xiangjiang invited by TVB's financial channel once again pointed out that this would be an acquisition that would change the current business structure of Xiangjiang.
The entire business community in Xiangjiang is also paying attention to this matter.
Soon, news came out.
Chu Huan's AKU department has officially called Wheelock's John Madden to inquire about the possibility of acquiring Wheelock.
Bao Fuda, general manager of Jardine Matheson Land, personally went to Wheelock's headquarters, and if nothing unexpected happened, he would definitely inquire about the possibility of acquiring Wheelock.
During an interview at Swire & Co.'s headquarters, Swire & Co.'s chief executive, Swire York Schweizer, said Swire was very interested in Wheelock.
In addition, there are British-funded consortiums that are very well-known in Xiangjiang, including Yingzhijie, Xiangjiang's favorite trading company, as well as some Nanyang consortiums, and Chinese-funded consortiums have all expressed their opinions on this matter.
The idea expressed by everyone who commented was that they wanted to buy Wheelock.
What was even faster was that the Hong Kong government immediately announced the suspension of trading in Wheelock's shares, which must have involved the energy of HSBC and Jardine Matheson.
Otherwise, it would be impossible to achieve such efficiency in such a short period of time.
The Wheelock takeover battle became a hot topic in Hong Kong within one day!
The next day, major media and newspapers in Xiangjiang also made this incident their front page headlines.
‘A group of dragons seize the treasure!’--"True Report"
‘The world is once again in turmoil, and heroes gather together to gather in Defeng!’--"Ming Pao"
‘A big earthquake in Hong Kong’s business community!’--"Sing Tao Daily"
These newspapers that lag behind the Hong Kong Economic Journal have come up with eye-catching headlines to attract readers' attention.
In fact, they don't need to use any eye-catching headlines. As long as there is news about Wheelock's takeover battle in newspapers today, the newspaper's sales will not be bad.
Jardine headquarters!
Jardine Taipan Nubijian and Real Estate General Manager Bao Fuda gathered here.
"Has there been any reply from John Madden?" Newbijian asked Baofuda.
Bao Fuda shook his head and said helplessly, "Not yet. Yesterday and today, these financial groups in Xiangjiang sent out inquiries to Wheelock. At this time, John Madden must be in happiness and will not reply to us so quickly.
!”
Newbikin asked, "How could John Madden suddenly have the idea of selling Wheelock?"
Although Land has inquired from Wheelock, they still haven't figured out why John Madden suddenly had the idea of selling Wheelock.
"According to my analysis, there are two possibilities. The first is that Wheelock's performance has been declining year by year in the past two years, and the second is because of Wheelock's internal management chaos."
Newbijian asked, "You mean Ah Zhang Yuliang?"
Since Land now wants to acquire Wheelock, it is natural to conduct the most detailed investigation into Wheelock. This investigation is not important, but the result shocked them. Only then did they discover that Wheelock's major shareholder
It turned out not to be John Madden, but Zhang Yuliang!
"It should be like this. I didn't expect that this Zhang Yuliang would quietly become Wheelock's major shareholder!"
Bao Fuda also preached quite helplessly.
Newbijian thought for a moment and said in a deep voice, "Who is our biggest opponent in acquiring Wheelock?"
Bao Fuda said: "Qi Dezun of Hehe International, Shi Huaiya of Swire!"
"Where is Chu Huan?" Niubijian asked him, "Chu Huan's Jiaku Group has also sent an inquiry announcement to Wheelock. The other party is the company with the largest cash flow in Xiangjiang. Why not list them as ours?"
Where is your biggest opponent?"
Bao Fuda answered seriously, "First of all, Chu Huan's Jiaku Group, as one of the largest consortiums in Hong Kong, does have the capital to acquire Wheelock, but he is not qualified. I just came over from the Hong Kong government and have already been contacted by some people.
I learned from my mouth that the Hong Kong government would not allow one of the largest British-owned foreign companies in Hong Kong to fall into Chu Huan's pocket.
Secondly, Chu Huan's Jiaku Group is not the company with the most cash flow in Xiangjiang now. Chu Huan's previous acquisition of Ford Motor Co. in North America has already drained all its cash flow. It is impossible for him to return it at this time.
The funds needed to acquire Wheelock can be used.
To be honest, even with Hehe International, I don’t think the other party has much chance. Although Hehe International achieved a profit last year, which was not small, its debt is also very high. Last year’s profit was basically used to pay off debts.
, unless they do a share-for-share approach, but I guess that's not what John Madden wants.
but"
When he said this, Bao Fuda fell into silence.
Newbikin asked, "But what?"
"But what makes me wonder is why HSBC hasn't made any move yet. I don't believe that HSBC doesn't have any ideas, but they just haven't made any move yet.
If HSBC is also involved, then HSBC will be our biggest enemy!"
Bao Fuda preached seriously.
Regarding Baofuda's suspicion, Newbijian also had the same idea. Why hasn't HSBC made any move yet?
In fact, it is not that HSBC is not making any move, but that HSBC is weighing the pros and cons of this matter!
HSBC Headquarters!
In Sha Ya's office, Sha Ya, Shen Bi and Luo Yin Bentley gathered in Sha Ya's office.
"Taipan, I think we can't delay it any longer. Regarding Wheelock's acquisition, we must take action. Otherwise, whether it is Hehe International, Jardine Matheson, or Swire's acquisition of Wheelock, in the sports world
It will exceed our HSBC in terms of volume!”
Shen Bi seriously reported to Sha Ya about the acquisition of Wheelock.
The only reason why HSBC's acquisition of Wheelock was blocked was actually from Saya.
HSBC is known as the God of Wealth in Xiangjiang, but this God of Wealth cannot make unlimited money. The money in HSBC is the deposits of people in Xiangjiang. The cash that HSBC can control is actually the cash from their profits, which they loan to people in Xiangjiang.
Major companies, that's another story.
If HSBC itself uses bank deposits endlessly, then HSBC cannot become the largest bank in Hong Kong.
So to put it bluntly, HSBC has its times when funds are tight, and that is the case now.
Nowadays, in Shaya's mind, the most important thing for HSBC is to fully acquire Ocean Milan Bank in North America, completing the first step of HSBC's overseas layout.
Instead of acquiring Wheelock.
Shen Bi saw what Sha Ya was thinking and muttered, "Taipan, in fact, the acquisition of Wheelock does not require our HSBC to come forward directly at all. We only need to send a representative to acquire Wheelock to ensure that Hehe International, Jardine, Swire and Chu
If Huan has no way to acquire Wheelock, we will consider it a success.
And this fund can be used as a loan, so it is not considered an operating expense of HSBC, and it is a completely beneficial thing for us!"
Shen Bi's suggestion moved Sha Ya. He indeed hoped to complete the wholly-owned control of Ocean Milan Bank in North America during his term. However, if HSBC loses the largest company in Hong Kong during his term,
This is also a disgraceful thing.
Thinking of this, Shen Bi looked at Luo Yin Bentley who had been silent. At this time, Shen Bi also set his sights on Luo Yin Bentley.
Luo Yin Bentley smiled and said, "On this matter, I agree with General Manager Shen Bi's statement. The pride of HSBC cannot be lost!"
Shen Bi was slightly stunned. He didn't expect Luo Yin Bentley to stand on his side so easily this time.
In fact, even Saya was a little surprised.
Luo Yin Bentley smiled and said, "My relationship with Chu Huan is indeed good, but I am the general manager of the loan department of HSBC, so my heart is naturally on the side of HSBC.
And General Manager Shen Bi is right. If companies such as Jardine Matheson, Swire Pacific, and Hehe International acquire Wheelock, then HSBC will lose its position in Hong Kong, which is not acceptable to us."
fo
"You didn't say Chu Huan!" Sha Ya said.
"Actually, it doesn't matter whether you say it or not, because it's impossible for Chu Huan to get Wheelock!" Luo Yin Bentley said calmly.
Sha Ya and Shen Bi nodded. They were both very smart people and naturally knew that the possibility of Chu Huan getting Wheelock was almost zero.
"According to the laws of Xiangjiang and the suggestion just made by General Manager Shen Bi, we now need to find a suitable spokesperson. Do you have this candidate?"
Shen Bi responded immediately, "I suggest Lijiacheng, a long-term investment company."
Sha Ya and Luo Yin Bentley were both stunned. No one expected that Shen Bi would propose Li Jiacheng.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! They naturally know that Shen Bi’s relationship with Li Jiacheng was very good before, but in the battle to acquire Qingzhou Yingni, Li Jiacheng had already collapsed.
Yet?
Why are you mentioning him again now?
Luo Yin Bentley immediately said, "General Manager Shen Bi, it's not that I deliberately oppose your idea, but you and I both know the reason why Chu Huan couldn't get Wheelock. Now you let
If Li Jiacheng, who is not as good as Chu Huan, gets Wheelock, do you think the Hong Kong government will agree?"
Shen Bi confidently said, "If Li Jiacheng had this idea, it would be impossible, but if we, HSBC, help him complete this acquisition, then the identity problem he faces will not be a problem!"
Luo Yin Bentley also wanted to refute Shen Bi, but after thinking about it, he realized that this was indeed the case. If HSBC was standing behind Li Jiacheng, then the identity issue that would arise when acquiring Wheelock would not be a problem.
Just when they had not yet agreed on the matter, Sha Ya's secretary walked in.
"Bo, Mr. Bao from Global Shipping is here and wants to meet you!"
"Yugang Pao is here?" Sha Ya just thought about it briefly and realized that Yugang Pao came here this time for the purpose of acquiring Wheelock.
If there is any Chinese in Hong Kong who is qualified to acquire a British-funded consortium in the current environment, then it must be Pao Yukang.
Pao Yugang's status as the world's shipping king means that he will be treated like a distinguished guest in many countries. The same is true in England. His influence is huge, and naturally he is the most likely to acquire British-funded consortiums.
"Please come in!"
Saya preached.
Swire Headquarters!
Shiyok, Shihuaiya, John Shi, and Shi Yadi, father and son, are also discussing the acquisition of Wheelock.
"I think the acquisition of Wheelock requires all-out effort!" John Shi was expressing his opinion at this time.
"Wheelock's shipping is very important to Swire. If we can get Wheelock's shipping, then we will have the two trump cards of air transportation and sea transportation. By then, Swire will become the largest global shipping company in Hong Kong.
Logistics company!”
Shi Yadi also had the same idea, saying, "I agree with John Shi's idea, and the real estate market in Xiangjiang is also picking up now. If we can get Wheelock, it will be equivalent to getting high-quality land from Wheelock."
, Wheelock’s land development is currently limited to the initial stage of land sales. If we can obtain Wheelock’s land, we can develop it ourselves!”
The same was true for Swire in the past, but after experiencing Taikoo Shing, which is currently being developed, Swire already has sufficient experience in developing land, so they have chosen the high-quality land owned by Wheelock.
Seeing that his two sons had the same view on this matter, Shiyok and Shihuaiya had a plan in mind.
But he still asked, "Now that this matter has been announced, in terms of resources, we are not as good as Hehe International. After all, Hehe International itself holds shares in Wheelock, and Qi Dezun's relationship with John Madden is also very good."
, in terms of funds, we are not as good as Jardine Matheson and HSBC, and it is not easy to get Wheelock."
Schneider Schwarzenegger naturally understands what it means to get Wheelock. Swire doesn't care about the titles of the four major consortiums in Hong Kong, but the resources in Wheelock's hands are very important to Schneider Wyatt.
As the two sons said, if it can obtain Wheelock, it will be a rare opportunity for Swire to strengthen its own strength.
Therefore, Shiyok Shihuaiya also wants to get Wheelock, but many times, many things do not mean that you can get it if you want it.
He could see the power of Wheelock, and so could others who wanted Wheelock.
So this matter did not go so smoothly.
"It's definitely difficult. It would be weird if this thing wasn't difficult. But I think we can't give up doing it just because it's difficult. As for what you said, daddy"
At this point, John Shi was silent for a moment and said, "If we are alone, we can look for foreign help!"
"What foreign aid?" Shiyok Shihuaiya asked aloud.
Shi Yadi asked, "Are you talking about Chu Huan?"
Shi John shook his head and said, "Of course it's not Chu Huan. Chu Huan's control is very strong. If we add him, although it can increase our chances of winning, it is also possible that we will wait until the end to marry Chu Huan."
Yi, so I don’t think Chu Huan is a suitable candidate!”
"Then who is your choice?"
Shiyok Shihuaiya asked.
"Global Shipping's Pao Yugang!" John Shi said seriously, "I have talked with Wu Guangzheng before, and I learned from him that Pao Yugang has always wanted to expand his business territory, moving from the sea to part of the land, and then
Coupled with the relationship between Yugang Pao and the Madden family, I feel that if Yugang Pao joins, it will definitely be beneficial to our acquisition!"
After hearing John Shi's suggestion, both Shi York, Shi Huaiya and Shi Yadi showed thoughtful expressions.
It is undeniable that Pao Yugang is indeed a very suitable partner!
But it’s not without problems!
/
Reading website for the mobile version of novels about strange people in the Republic of China