Just when everyone was focusing on Xiangjiang Electric Lighting, Xinjian Investment Company was quietly acquiring shares of Hutchison Whampoa in the stock market.
At the same time, Dao Heng Bank and Bank of East Asia were also following up, and Li Jianhui personally contacted Sun Hung Kai Securities, the second largest shareholder of Hutchison Whampoa, and the Gao Kening family, the third largest shareholder.
One problem common to companies with huge market capitalization is that there are very few major shareholders with more than 5% of the shares, especially when a group's profits are in trouble.
There are currently only three Hutchison Whampoa shareholders reported to the Hong Kong Exchange: HSBC, which controls 22.4%, Sun Hung Kai Securities, which acquired 9.5% half a year ago, and Hutchison Whampoa, which holds 6.7% of Koko after its merger and listing last year.
Ning family.
The helm of Sun Hung Kai Securities was founded by Fung King Hei, one of the Sun Hung Kai Three Musketeers. He has a very close relationship with Sun Hung Kai Properties Kwok Tak-sheng and Henderson Lee Shau Kee, and is a force with great influence in Hong Kong.
At present, the relationship between Li Jianhui and them is not good but not bad either. There is still no problem in cooperation.
It is a pity that Li Jianhui is now regarded as the biggest threat by HSBC. HSBC cannot sell its shares to Li Jianhui, otherwise he would not have to go to such trouble.
Sometimes Li Jianhui feels that Li Chaoman is the real protagonist. When he acquired Hutchison Whampoa in his previous life, Li Chaoman easily took over this dominant company in Hong Kong without spending much money at all.
No matter how hard-working he is, Xiangjiang British Capital Group has regarded him as its number one opponent, and HSBC has regarded him as a thorn in the side and tried its best to prevent his industrial expansion.
If I hadn't been mainly engaged in the stock market in my previous life and knew a lot of major stock market events, I might not have been able to develop as fast as this person.
Li Jianhui didn't care whether he had luck or not. Anyway, he first interrupted his rapid rise. Whether it was Xiangjiang Electric that he had intervened to divert attention before, or Hutchison Whampoa, which he was about to take action, they were all trying to grab it.
The opportunity for Li Chaoren to rise.
The same is true for the charter king. Although Wharf is still acquired by the charter king, Wheelock Group, the charter king, will never have a chance.
At the Sun Hung Kai Securities headquarters, Li Jianhui did not go around in circles with Feng Jingxi, but went straight to the point and explained the purpose of his visit.
Looking at the young people in front of him, Feng Jingxi felt what it means to push the waves ahead. Ten years ago, he chose to leave Sun Hung Kai Properties and established Sun Hung Kai Securities alone. During that period, he was the one who stirred up the storm in the stock market.
Now, every storm in the Hong Kong stock market has the figure of this young man in front of him, including Wharf, Wheelock, and Heung Kong Electric.
Not satisfied with winning Wheelock, one of the four major foreign banks, this man has now turned his attention to another major foreign bank, Hutchison Whampoa.
Since Li Jianhui came here specifically to talk about acquiring the shares in their company, it proves that Li Jianhui is definitely not just playing around, but is determined to acquire this group.
Once this news gets out, it will definitely cause a huge sensation. I believe that the Hong Kong British Capital Group will never let Li Jianhui acquire a second foreign bank.
Once Li Jianhui takes control of Hutchison Whampoa, the largest power in Hong Kong will completely change its position. No matter HSBC or Jardine Matheson, which owns many overseas industries, the total market value will not exceed the market value controlled by Li Jianhui.
Wheelock + Hutchison Whampoa, this is definitely not a simple 1+1. Before the 1960s, Wheelock Group and Hutchison Land held mutual holdings and served as shareholders of each other.
Later, through the acquisition and reorganization of Whampoa Rudder Company, Wheelock Group and Hutchison Land were able to sever their relationship.
Whether it is HSBC or Standard Chartered, they are unwilling to see the situation where the four major foreign banks hold shares in each other, and they are even less willing to see the merger of two of them.
Li Jianhui's action obviously challenges the bottom line of the British-owned consortium in Xiangjiang. I don't know how the top managers in Xiangjiang will react when the news gets out.
Feng Jingxi said with a smile: "Li Sheng is really a man of great courage. The four major foreign companies have been the top four mountains in our capital in Hong Kong for a hundred years. Wheelock has moved away, and now it seems that Hutchison Whampoa is not far away."
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“I have always believed that the main industries in Hong Kong are better controlled by our Chinese capital, which is also conducive to the stability of Hong Kong. Although several large foreign banks have made some contributions to the development of Hong Kong to a certain extent.
But after all, they are British capital and they are not on the same journey as us. If they continue to dominate Hong Kong's economy, it will be very detrimental to us in the future.
Hutchison Whampoa currently has many problems, and my main opponent is HSBC. I also hope that Feng Sheng can help me because we all have the same roots."
Naturally, Feng Jingxi would not refuse to sell his shares. This is what his securities company mainly does, and he has no intention of running Hutchison Whampoa.
In his opinion, HSBC had long wanted to sell its shares but could not find a suitable person to take over.
Now Hutchison Whampoa is a big quagmire. If the stock price is not good, the stock price will crash. When he bought these shares, he actually wanted to see who among the Chinese investors would take action on the company, so that he could make some profit from the price difference.
Who knew that the chartering king would rather grab Wharf with Jardine Matheson than take action against Hutchison Whampoa? Li Jianhui would rather buy Wheelock at a high price from the Madden family than approach HSBC to discuss the acquisition of Hutchison Whampoa's shares. This makes
He felt like he had a stake in his hand.
Hutchison Whampoa is not Wheelock. At this time, people from all walks of life have a very low opinion of Hutchison Whampoa. Last year, among the four major foreign banks, Hutchison Whampoa was at the bottom.
To a certain extent, this also led to the valuation of him by all parties being lower than the market value on the stock market. This is also the reason why HSBC was able to sell it to Li Chaoren at almost half price in the previous life.
Shen Bi's favor is one thing, Hutchison Whampoa's own problems are the biggest reason, otherwise Shen Bi would not dare to do that. No matter he is the king of the big class or the God of Wealth in Hong Kong, after all, he is just a migrant worker.
The first criterion for any decision made by HSBC is that it cannot harm the interests of HSBC.
Shen Bi does not have the final say at HSBC. If a business really costs HSBC hundreds of millions or even billions, no matter how capable he is, he will only end up being fired.
Therefore, regarding the purchase price of Hutchison Whampoa, Li Jianhui did not purchase at a premium, but adopted the current market price.
Feng Jingxi also knows the specific situation of Hutchison Whampoa. If Li Jianhui does not acquire it, he can only lose the shares in his hands. Once he chooses to sell, Hutchison Whampoa's stock market will inevitably plummet.
The price offered by Li Jianhui has reached his inner expectation. Due to the continuous actions of Chinese capital and the promotion of the market, Hutchison Whampoa's shares have risen a lot in the past six months, and he has still made a lot of money from this business.
"Li Sheng, I won't make a big deal, so I will trade at the price you mentioned. I also hope that we can deepen our cooperation in the future. If your company needs to be listed, please consider Sun Hung Kai Securities."
Since the other party was so forthcoming, Li Jianhui immediately responded: "Sun Hung Kai Securities is a well-known securities company in Hong Kong, with strong influence in Western Europe and North America.
When any of my companies go public in the future, I will definitely cooperate with Sun Hung Kai Securities."