In the office of the Chinese People's Bank of China, Chu Huan was looking at the "Sing Tao Daily" that had just been released this morning in his hand and spoke calmly.
"It seems that Li Fushu really wants to keep the Bank of East Asia this time."
Xu Yi sat opposite Chu Huan and muttered: "This is understandable. The Jian family has basically given up the company in Xiangjiang, and more of them are retaining their properties in Xiangjiang to collect rent, while the Feng family will
More attention is put on Feng Xunfen Group, their own industry, and only the Li family.
Although the Li family is a big family in Xiangjiang, there is no harmony within the family. After Li Fushu took the position of chairman of the Bank of East Asia, the Li family has regarded the Bank of East Asia as their own property.
In other words, both the Feng family and the Jian family have escape routes. The Bank of East Asia is not the only one for them, but the Li family is different. Now the Bank of East Asia is their only one, so Li Fushu will definitely not give up the operating rights of the Bank of East Asia easily.
of."
Chu Huan nodded, agreed with Xu Yi's analysis, and said: "Now that the Bank of East Asia has issued such an announcement, it is obvious that Li Fushu believes that they already have the capital to compete with us, and the most important thing is that he should
We already know that the Feng family and the Jian family have sold their shares in Bank of East Asia to us, but they still choose to do this, which means that they must have sufficient chips in their hands!"
In the article "Battle to Defend the Bank of East Asia!", the Board of Directors of the Bank of East Asia, represented by Li Fushu, issued a statement.
First of all, the Board of Directors of the Bank of East Asia stated that the current development of the Bank of East Asia is going well. The loan-to-deposit ratio is lower than the normal ratio of Hong Kong commercial banks. The stock price is stable. At the same time, it is one of the 20 blue chip stocks in Hong Kong. It can be said that the Bank of East Asia currently has no
There are no problems, so the Board of Directors of Bank of East Asia has no reason to sell shares of Bank of East Asia.
Secondly, the Board of Directors of Bank of East Asia also reminded Bank of East Asia's retail investors that based on Chu Huan's past acquisitions in Hong Kong, Chu Huan will definitely choose to privatize Bank of East Asia after becoming the majority shareholder of Bank of East Asia, which will inevitably
Investors who hold Bank of East Asia stocks have no way to watch the stocks in their hands continue to appreciate.
Secondly, there is an open letter from the Board of Directors of the Bank of East Asia to the major shareholders of the Bank of East Asia. In the open letter, the Board of Directors of the Bank of East Asia told the major shareholders of the Bank of East Asia that the future development of the Bank of East Asia will definitely be very impressive, otherwise Chu Huan would not be selected.
The acquisition by Bank of East Asia means that the market value of Bank of East Asia will definitely continue to increase in the future. The current major shareholders of Bank of East Asia should not be deceived by the benefits Chu Huan is offering.
Finally, the Bank of East Asia Board of Directors told all Bank of East Asia stock holders that if they really wanted to sell Bank of East Asia stock, then the Bank of East Asia Board of Directors was the best choice because they were willing to give a higher price, thus ensuring
The Bank of East Asia's Board of Directors controls the Bank of East Asia.
"Do you see any problems in their statement?"
Chu Huan asked Xu Yi.
Xu Yi said: "The Li family told us that they have obtained the support of the majority of the directors of the Bank of East Asia, and they also have enough cash in their hands to support their competition with us for the shares of the Bank of East Asia!"
Chu Huan leaned on the chair and said helplessly: "Yes, this is the trouble of acquiring these small companies!"
Xu Yi sat there and secretly rolled his eyes. In Xiangjiang, it was estimated that Chu Huan was the only one qualified to call Bank of East Asia a small company.
"That's true. I believe that if we increase our acquisition efforts, someone will definitely sell their shares in Bank of East Asia to us. But at the same time, this will increase our losses. The most important thing is that it will exceed Bank of East Asia itself.
asset value, this is an unsuccessful acquisition.
If the company operates like this again in the future, other companies in Xiangjiang will follow suit!"
The market value of the entire Bank of East Asia is only HK$880 million. If Chu Huan is really determined to acquire Bank of East Asia, it is not impossible. If no one sells the 30% premium, then the 50% premium, or even
Double, twice the premium.
In fact, there are many such cases in the acquisition wars in the history of Hong Kong business, such as the earliest acquisition of the dairy company by Jardine Matheson, and the upcoming acquisition of Wharf by Bao Yugang.
In these acquisitions, the acquired party increased its market value several times in a short period of time.
As a high-quality local bank in Hong Kong, Bank of East Asia's development plan has always been highly recognized by investors. If Chu Huan really starts this acquisition war with the Li family, no one knows how high Bank of East Asia's stock price will rise by then.
Know.
But what is certain is that when the takeover war ends, the stock price will fall to the bottom like a waterfall in an instant.
That's why Xu Yi said that this was not a successful acquisition.
Everything has a price, and if it exceeds its own value, it is a failed acquisition.
"When the Bank of East Asia closed last night, how much did the price increase?" Chu Huan asked Xu Yi.
Xu Yi said: "The value has appreciated by 13.5%. However, although the company has not officially announced the acquisition of Bank of East Asia, people outside have already guessed it. Now coupled with the statement from the Board of Directors of Bank of East Asia, it directly points out that you, boss
With his name, I think those Bank of East Asia shareholders today will definitely not sell the shares of Bank of East Asia."
Chu Huan already knew yesterday that those investors who held Bank of East Asia stocks firmly held on to their stocks after knowing that they were acquiring Bank of East Asia. They were waiting for a higher price.
Chu Huan nodded slightly and said: "Let the public relations department make an announcement, and also let Fengwu Securities continue to acquire Bank of East Asia's stocks. I also want to see how much chips the Li family has in their hands!"
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Xu Yi reminded: "Boss, as a traditional wealthy family in Xiangjiang, the Li family still has a wide network of contacts in Xiangjiang. I feel that we cannot take them lightly.
, The cash in their hands is definitely not as good as ours, but I think the cash in their hands can definitely reach the critical value of Bank of East Asia’s final stock price.”
Chu Huan nodded and said: "Now it seems that this is not an acquisition that can be completed in a short time, but don't worry, the funds in our hands are all our own, and the Li family's funds must be borrowed
, as long as it is borrowed, there is a cost, I don’t believe how long they can maintain a stalemate with us!”
Xu Yi's eyes lit up. She understood what Chu Huan meant. Chu Huan wanted to kill the Li family.
"By the way, let the people from the investigation department investigate and find out who lent money to the Li family!"
Chu Huan continued to give instructions.
Xu Yi nodded.
In order to cooperate with Chu Huan's statement, "Zhenbao" temporarily issued a midday issue at noon, specifically publishing a statement about Jiaku's acquisition of Bank of East Asia.
And this statement also directly admitted the authenticity of Jiaku's acquisition of Bank of East Asia, and the stock market in Hong Kong was boiling.
At the closing of the Hang Seng Index this morning, the share price of Bank of East Asia directly rose by 38.9% based on the original price, but the share price of Bank of East Asia is still priceless!
Everyone understands that this is just an appetizer, and everyone wants to see how much the final purchase price can rise.
Faced with this situation, Chu Huan was a little helpless. Now his name has become a golden brand in Xiangjiang. Everyone understands that Chu Huan can't get anything he wants. Now everyone is sure that this
The acquisition will definitely create a new level.
"It seems that this acquisition war will really not end in a short time!"
Cao Yunshang came to the Chinese Bank at noon. Now that he has completed the global fashion show of Empire Fashion Group, Cao Yunshang is no longer running around the world. Instead, he is sitting in Xiangjiang and directs the global business of Empire Fashion Group through conference calls.
However, because communications are not yet developed, Cao Yunshang borrowed a group of people from Chu Huan's Jiaku and placed them in various branches of the Imperial Fashion Group around the world to better control these branches.
Chu Huan nodded and said: "Things are indeed a bit difficult to handle. If we can't get the circulating Bank of East Asia shares, we won't be able to complete the privatization strategy of Bank of East Asia, even if we wait until we join the board of directors of Bank of East Asia in the future.
, has gained the support of more shareholders, and even if it wants to be privatized, it will be stopped by the Hong Kong government!"
This is the most difficult thing about the whole matter. Previous M&A plans of Continental International Investment were able to be stopped by the Hong Kong government on the grounds that Hong Kong’s Company Law harmed the interests of small shareholders. Similarly, the Hong Kong government can also
Use this policy to stop Chu Huan's idea of privatizing Bank of East Asia.
Moreover, Chu Huan could not find any way to refute.
So now if Chu Huan wants to get Bank of East Asia, he must get more shares of Bank of East Asia from investors. Only in this way will there be less resistance in the future privatization process.
"Then what do you think now?"
Cao Yunshang asked Chu Huan.
Chu Huan said: "Now we can only buy back all the circulating shares of Bank of East Asia in the stock market, and then we will see what the Li family can do."
Cao Yunshang couldn't find a better way for a while, so he could only agree: "Now it seems that this is the only way."
Then Cao Yunshang asked: "Will it delay the listing ceremony of Alder Commercial Bank Xiangjiang Branch in Xiangjiang?"
"Probably not, after all, there is still more than a month until Alde Commercial Bank Xiangjiang Branch is listed." Chu Huan said confidently.
Although it seems that the acquisition of Bank of East Asia has entered a bottleneck period, for Chu Huan, the significance of Bank of East Asia is far greater than its actual significance. If it doesn't work in the end, then it can only be used to make money.
There is nothing we can do about this. After this year, our hometown will officially determine the future development direction. Although there will still be various problems in the later period, there will not be any changes in the general direction.
Although it is not possible for the banking industry to enter his hometown for the time being, it can already make arrangements in advance, just like Feng Jingxi's Sun Hung Kai Securities. This year he will set up an office of Sun Hung Kai Securities in his hometown, although it is necessary to have stocks there.
It was several years later.
This is just like writing an article. There must be a preliminary preparation. It cannot be a big showdown right from the beginning. In that case, the readers will not feel the tension and excitement!
While Chu Huan and Cao Yunshang were discussing the matter of Bank of East Asia, Xu Yi walked into the office and preached to Chu Huan.
"Boss, Guo Desheng from Sun Hung Kai, Zheng Yutong from New World, and Li Jiacheng from Cheung Shi have already arrived at the company!"
Nowadays, Chu Huan's working time arrangements have been decided in advance, but because Guo Desheng and the other three made last-minute calls, they could only arrange for Chu Huan to meet them at noon.
"Please come in!"
After Xu Yi left, Cao Yunshang curiously asked Chu Huan: "How did the three of them get together?"
Chu Huan said: "The three of them now want to buy the former site of the British American Tobacco Company in Wan Chai, which happens to be the same as the plan of Zhulu Real Estate. I think they came here for this matter!"
With Chu Huan taking over the Zhang family's company in Xiangjiang from Zhang Yuliang, Chu Huan is now the largest landowner in Wan Chai. In order to better integrate the commercial buildings in Wan Chai, Zhulu Real Estate has chosen Wan Chai British American Tobacco
The company's old site, but I didn't expect that Sun Hung Kai, New World, and Cheung Kong had also chosen this land and were preparing to bid jointly. Now they must have come here for this matter.
Just as Chu Huan said, the three of them came here this time for this matter.
This chapter is not over yet, please click on the next page to continue reading! "Ah Huan, we are all old friends, and you are the second largest shareholder of our three companies. In fact, our investment in this land is equivalent to your
After investing in this piece of land, I think it is best for both of us to sit down and discuss this matter. Otherwise, if we wait until the auction, we will fight to the death, but the result will be a benefit for British American Tobacco, which is not worth it.
Yes!"
Guo Desheng talked to Chu Huan with a smile on his face.
Zheng Yutong also said: "Yes, if it really doesn't work, the four of us can unite to jointly develop this land. Wouldn't this be the best of both worlds?"
Although Li Jiacheng didn't speak, the meaning was the same.
In another time and space, this piece of land was finally acquired by the three of them through a joint bidding, and then the Elizabeth Building and Locke Building were built here.
"Three of you, according to the relationship between us, all three of us have come to visit. I should join forces with the three of us, but this land is also very important to our real estate competition. It happens to be in several of our other businesses.
We photographed this piece of land in the center of the building. Our Zhulu Real Estate can form a complete commercial district in Wan Chai, so three of you, I can only say sorry to you all here!"
The three of them looked at each other, and they all saw helplessness in each other's eyes.
If it was just an isolated piece of land, they could continue to discuss it with Chu Huan. But now that Chu Huan has said this, it is obvious that he wants to turn this place into a business district similar to Landmark's Landmark in Central. So they want to
There is no possibility of letting Chu Huan let go.
However, this does not allow them to give up the land just like this. Now that the two parties cannot reach a consensus and resolve the matter peacefully, the next step can only be decided at the bidding meeting.
Although they are in a cooperative relationship and have many businesses together, and even Chu Huan is the second largest shareholder of the three companies, they are still different individuals, so for their own interests and development, they must still compete.
"It seems that it is inevitable that the two of us will have a battle between dragons and tigers!"
Zheng Yutong said with a smile.
With the development of the real estate industry in Xiangjiang, especially the first phase of New World Center is about to be completed, Zheng Yutong's New World Real Estate has become second only to Land among the real estate companies listed in Xiangjiang. According to the current stock price of New World, New World Real Estate
The world's market capitalization is as high as 1.66 billion Hong Kong dollars, ranking ninth among all listed companies in Hong Kong.
In addition, Sun Hung Kai Properties has a market value of HK$940 million, ranking 14th.
As for Changshi, despite Chu Huan's repeated suppression in the early days, it still ranks 13th with a market value of HK$930 million. It has to be said that Li Jiacheng's ability is really powerful.
Therefore, when the three of them join forces, they are still confident that they can compete with Chu Huan for this piece of land.
Chu Huan smiled and said: "Everyone is second in competition and first in friendship!"
Guo Desheng, Zheng Yutong, and Li Jiacheng also laughed after listening.
Later, Guo Desheng asked Chu Huan: "Ah Huan, your acquisition of Bank of East Asia doesn't seem to be that easy this time!"
Now that the matter has been reported, Guo Desheng and others naturally know about it.
Chu Huan nodded slightly and said: "Yes, the Li family obviously does not want to give up the operating rights of Bank of East Asia, so now this matter has reached a deadlock."
Zheng Yutong said: "As the bank of East Asia, second only to HSBC and Hang Seng in Hong Kong, the Li family will naturally not give up so easily!"
Because Standard Chartered Bank is registered in England and is listed on the London Stock Exchange, even though Standard Chartered is the real second bank in Hong Kong, many people still do not call Standard Chartered Bank the local bank of Hong Kong.
Li Jiacheng analyzed: "The most difficult thing about this matter is actually not Li Fushu, but those who support Li Fushu hidden behind the Bank of East Asia."
Chu Huan looked at Li Jiacheng, thinking that he and she would go there together.
Chu Huan's acquisition of Bank of East Asia, whether in Chu Huan's view or in the eyes of others, is of greater strategic significance than practical significance.
However, strategic success will, to a large extent, increase Chu Huan's future development potential.
North America, Japan has Alder Commercial Bank, Xiangjiang, and Southeast Asia has the Bank of East Asia. By then, in addition to Europe, other important economically developed areas in the world will have their own banks. How many bankers are there with such conditions?
You can’t even get it if you want it!
So there will be many people who don't want Chu Huan to get the Bank of East Asia.
Guo Desheng and Zheng Yutong did not speak, but looking at their expressions, it was clear that they also agreed with Li Jiacheng's words.
And they all knew who this person was who didn't want Chu Huan to truly enter the local banking industry in Xiangjiang.
HSBC!
"What Jiaku is not afraid of now is competition, and we at Jiaku welcome normal competition in all business environments!"
Chu Huan naturally knew about it, but judging from the current development of the situation, HSBC must not have provided substantial help to the Li family. This cannot be justified in terms of time.
So before, Chu Huan asked Xu Yi to investigate who supported the Li family financially, but now the battle between the two parties for the Bank of East Asia has officially begun, so HSBC is very likely to enter the market at some point in the future.
After the three of them chatted with Chu Huan for a while, they left the Chinese Bank.
Chu Huan called He Bingguang into his office.
"Guo Desheng, Zheng Yutong, and Li Jiacheng are all veterans in the Xiangjiang real estate industry. You should be careful when dealing with them. Don't capsize in the gutter!"
Chu Huan warned He Bingguang.
He Bingguang nodded seriously and said: "I understand, I will be very careful."
After Chu Huan nodded with satisfaction, he continued to ask: "Has the tender document for the land on Wan Chai Harbor Road been made?"
This year the Hong Kong government will launch a piece of land on Harbor Road in Wan Chai for auction. This piece of land is also one of the important targets of Zhulu Real Estate this year.
This chapter is not over yet, please click on the next page to continue reading! As an important area in Hong Kong, Wan Chai has always been a place that Zhulu Real Estate is paying great attention to now. In addition, Zhulu Real Estate has now given up on residential projects, so it will be more focused.
Auction of commercial land in Hong Kong.
He Bingguang said: "It has already been done, but according to our investigation, Luo Yingshi's Eagle Real Estate is very interested in this land, and I don't know where the other party has raised a large amount of funds. It seems that it is bound to win.
look like.”
Naturally, it was inevitable. In another time and space, Great Eagle Real Estate took photos of this land and then built their Great Eagle Center!
Chu Huan raised his eyebrows slightly. The development of Eagle Real Estate in this time and space was not as smooth as that in another time and space. Luo Yingshi was not Li Jiacheng. Under Chu Huan's guidance, he could still develop his company stably.
Unexpectedly, the other party actually received financial support again.
However, this doubt was quickly figured out by Chu Huan. There must be HSBC in it. Since Zhulu Real Estate announced the establishment of a real estate project investment department, Xiangjiang's real estate developers are basically moving closer to Zhulu Real Estate.
.
Faced with such a situation, HSBC must respond. Xiangjiang is so big. If these real estate companies in Xiangjiang are gathered under the banner of Zhulu Real Estate with the help of the establishment of the Real Estate Project Investment Department, then when Alde Commercial Bank is established,
These resources will definitely be transferred to Alder Commercial Bank, which is not what HSBC wants to see.
Moreover, the real estate companies in Xiangjiang are also the industries with the greatest potential in Xiangjiang, and are naturally the industries that HSBC values most.
At that time, HSBC was able to stand out from the competition with banks such as Standard Chartered and Yili and become Hong Kong's quasi-central bank because it made the right bet on the development of the shipping industry.
Now they don't want to give up the real estate industry in Xiangjiang.
"Raise the price to HK$250 million to make sure everything is foolproof!" Chu Huan said to He Bingguang.
In another time and space, Great Eagle Real Estate purchased this piece of land for HK$220 million. Chu Huan was not sure whether Great Eagle Real Estate would provide more funds with the support of HSBC.
The real estate development in Wan Chai will be an important development plan of Zhulu Real Estate in the next stage. At present, the land reserves of Zhulu Real Estate and Hehe International-Wheelock in Kowloon are sufficient, and they only need to make repairs in some places. However,
It's different here in Wan Chai.
Although the Cheung Yu-liang family already owns properties in Wan Chai, it is still not enough for Chu Huan, so more land must be acquired here to make Wan Chai the Jiaku's presence in Kowloon.
"Understood!" He Bingguang nodded, and then said to Chu Huan: "In addition, we have proposed to Swire Properties to acquire their To Lao Chi Building in Wan Chai. Swire Properties has responded and they are willing to sell it to us for HK$57 million.
!”
Speaking of To Lao Chi in Xiangjiang, basically everyone can think of one of the most famous nightclubs in Xiangjiang, but in fact there is also To Lao Chi Road and To Lao Chi Building in Xiangjiang.
The Du Lao Zhi Building now belongs to Swire Properties. If Chu Huan hadn't appeared, Swire Group would have sold the building to Huaguang Properties founded by Zhao Shizeng's father, Zhao Congyan!
"In addition, Mr. Zhao Congyan of Huaguang Real Estate sent us an inquiry for the Lijing Building. They want to acquire it!" He Bingguang mentioned Huaguang Real Estate.
After entering 1978, although Zhao Congyan did not give up the shipping industry, he also discovered that the real estate market in Xiangjiang was rising all the way, so his subsidiary Huaguang Real Estate was also aggressively entering the real estate industry.
Chu Huan waved his hand directly and said: "Tell them that our Zhulu Real Estate will not sell any commercial buildings under our name!"
He Bingguang said: "I have already replied to Huaguang Real Estate like this!"
Chu Huan nodded with satisfaction and began to ask about the tens of billions apartment plan.
Since Jiaku announced its tens-billion apartment plan last year, the matter has caused a huge sensation in Hong Kong. At the same time, countless people have begun to envy the employees of Jiaku's companies.
Starting from this year, employees will gradually move into the employee apartments built by Jiaku, the most important of which is the original Huaye City.
The difficulty for Chu Huan in this matter is not to buy land and build a building, but to avoid uneven distribution during the implementation process.
He Bingguang also knew what was most important to Chu Huan in this matter, so he said in a somewhat evasive manner: "The company has already demarcated several pieces of land and is now ready to start construction. As for the company's compliance with the conditions,
We have submitted the list of employees who applied to join the company to the Jiaku headquarters."
Chu Huan looked at Xu Yi.
Xu Yi replied: "Jiaku has a special review department to ensure that it is open, fair and impartial!"
Only then did Chu Huan smile with satisfaction.
Later, after He Bingguang left Chu Huan's office, Chu Huan started his daily work, and Cao Yunshang also left the Chinese Bank.
Near four o'clock in the afternoon, Xu Yi suddenly came to Chu Huan's office with a complicated expression.
"What's wrong?" Seeing Xu Yi's expression, Chu Huan asked with some confusion.
Xu Yi said to Chu Huan with some embarrassment: "Boss, two people came to the company. They said they were angle's father and brother, and they said they came to ask you for money!"