When it comes to acquisitions, Li Jianhui has always made quick decisions. After negotiating with Feng Jingxi, he immediately went to Telford Building to visit Gao Fuqiu, the current spokesperson of the Gao family.
Compared to Feng Jingxi, this person was not that easy to talk to. Even though Li Jianhui seemed to be very sincere in acquiring his shares at the stock market price, Gao Fuqiu did not agree.
"Li Sheng, I also know that the current market value of Hutchison Whampoa's stock market is somewhat artificially high, but I am personally quite optimistic about Hutchison Whampoa's future, especially after you want to enter Hutchison Whampoa.
You see, I will continue to hold the shares in my hand. After you take control of Hutchison Whampoa, our Gao family will always stand by you in board meetings."
Encountering such a situation, Li Jianhui found it very difficult. The other party did not deliberately go against him.
"Gao Sheng, you also know that HSBC holds 22.4% of the shares. I want to suppress HSBC from obtaining the controlling stake in Hutchison Whampoa. There is a huge demand for shares. The shares you hold are currently of great help to me.
I’ll give you a premium, and I hope you can support my acquisition of Hutchison Whampoa.”
It's a pity that Gao Fuqiu is still unwilling to sell his shares, and made it clear that he does not want to raise the price, but is really optimistic about Hutchison Whampoa's future, and the Gao family will hold Hutchison Whampoa shares for a long time.
Seeing that it was impossible to continue the conversation, Li Jianhui did not continue to waste time here. When he said goodbye and left, Li Jianhui said:
"I ask the high school students to keep the matters discussed today confidential for the time being. After I take over Hutchison Whampoa in the future, I hope the high school students can give me more support."
"Please rest assured, Mr. Li, our Gao family is only taking dividends from shares and has no intention of interfering with Hutchison Whampoa. I also believe that Hutchison Whampoa will be able to develop rapidly under your leadership. In the future, our Gao family will
I will always be on your side."
…
Without getting the shares from the Gao family, Li Jianhui had to adjust his strategy and slowly increase the chips in his hands by repeatedly pushing up and suppressing, so as to prevent the stock price from rising rapidly and avoid being discovered by HSBC prematurely.
Unfortunately, he is not the only one keeping an eye on Hutchison Whampoa. Li Chaoren has been slowly acquiring Hutchison Whampoa shares in the stock market recently.
Although limited by its own funds, it has not made many acquisitions, but it has been paying close attention to the changes in Hutchison Whampoa's stock market.
Li Jianhui's three institutions simultaneously absorbed shares in the stock market, which still caused quite a stir, which naturally made Li Chaoren alert.
Immediately arrange personnel to investigate the main forces absorbing shares in the stock market. Xinjian Investment, Daoheng Bank, and Bank of East Asia soon appeared in Li Chaoren's sight.
During this period, stock market transactions were mainly conducted on exchanges, and each party had its own trading seat. As long as you investigate carefully, it is very easy to find clues.
It is only retail investors who are not well informed and are often cut off by these large institutions.
Li Chaoren made a special call to Shen Bi to communicate with him about the situation in the stock market.
In the HSBC President's office, Shen Bi frowned after hanging up the phone. He really couldn't figure out what Li Jianhui was planning to do.
While he was making a big splash to acquire the Heung Kong Electric Lighting Company, he was also secretly absorbing Hutchison Whampoa's shares. Could it be that he really had inexhaustible funds?
Unable to sit still, he got up and went to the HSBC Securities Department. He needed to hear the opinions of these professionals.
He absolutely did not believe that Li Jianhui's funds had no bottom line, and he had a feeling that Li Jianhui was preparing to play a trick on him by building plank roads in the open and secretly infiltrating the warehouse.
Li Jianhui of Xiangjiang Electric Lighting Company reported it too early. This does not seem like a takeover.
Instead, Hutchison Whampoa, Li Jianhui not only used his own investment company, but also his allies Dow Heng Bank and Bank of East Asia also intervened. It seems that the plan is very big.
Entering the securities investment department, Shen Bi asked directly: "Paul, what is the current situation of Hutchison Whampoa in the stock market?"
"There have been some fluctuations in the Hutchison Whampoa stock market in the past few days. There are a few forces that are buying into the circulating stocks on the market, but the number is not large. And just now, Hutchison Whampoa shares have seen a huge increase in volume. It is estimated that those few Home is shipping.
We estimate that some institutions are taking advantage of the confrontation between Chinese and British capital caused by the battle for the Heung Kong Electric Lighting Company, and are preparing to buy low and sell high in other British-funded listed companies to earn huge profits."
Shen Bi was even more confused after hearing the report. Could it be that Li Jianhui was so high-profile this time just to make profits in the stock market.
However, he was still uneasy and asked Paul to pay close attention to Hutchison Whampoa's situation in the stock market and report to him immediately if he found that there was a force absorbing a large amount of Hutchison Whampoa's stock.
At the same time, he was also considering whether to find an owner for Hutchison Whampoa immediately. Previously, he planned to be Li Chaoren, but it was a pity that this person had limited funds. In addition, Hutchison Whampoa's stock price was fluctuating here, and there was Jardine Nubigian. , the two HSBC directors, Swire York and Swire, stared at it, and it was impossible to pass it at the board meeting.
If Hutchison Whampoa were to be transferred to Jardine or Swire, and Shen Bi was unwilling, he would not give up his number one position.
After thinking about it, he had a few decent candidates in mind, and he was ready to set up a rival for Li Jianhui.
Li Jianhui didn't know that Shen Bi was plotting against him. At this time, he was at Xinjian Investment Company listening to Li Zaiwei's report on the situation of Xiangjiang Electric and Hutchison Whampoa.
By buying low and selling high, although Li Jianhui's profit cannot be compared with London gold, he still made more than 20 million Hong Kong dollars. In just a few days, the profit was pretty good.
At this time, Li Jianhui was ready to add fuel to the fire to the outside world. He asked Li Zaiwei to go to Xiangjiang Electric Lighting Company tomorrow to officially serve as a director of the company's board of directors.
He must let the outside world know that he is definitely not speculating on Xiangjiang Electric Lighting, and he has no intention of selling it at a high price.
As for Hutchison Whampoa, he conducted repeated operations, allowed it to fluctuate repeatedly, and slowly absorbed chips. He did not plan to step forward until he had enough shares.
As for the shares held by Sun Hung Kai Securities, no transfer agreement has been signed yet, and he does not need to declare it to the exchange.
It can only be said that there are too many loopholes, and he can easily avoid the reporting issues without making his intention to acquire Hutchison Whampoa public.
Those retail investors were deceived by the trend of Hutchison Whampoa. They originally thought that Hutchison Whampoa would rise in a straight line like Xiangjiang Electric Light. Who knew that it would gradually stop moving and then fall sharply, which made many investors who followed the trend scold them. Endless.
Seeing that there was no hope, one by one started to cut off the stock. As a result, Hutchison Whampoa's stock price began to slowly rise again the next day, as if it was about to gain momentum again.
When they all got on the bus and prepared to take off, the same situation happened again.
This repeated pattern lasted for a week, causing many retail investors to clear their positions and stay away from Hutchison Whampoa stock.
Even some small investment institutions took advantage of the high price to sell their shares, fearing that the market maker would suddenly hit the market and hit the bottom of the market.