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Chapter 105 Additional Issuance of Shares

After Black Monday, no matter how unwilling investors are, Tuesday will still come.

At nine o'clock in the morning, Li Jianhui, as the chairman and president of Wheelock Group, came to the Hong Kong Exchange in person to explain to shareholders the group's financing and issuance of additional shares.

Facing reporters from major media, representatives from investment institutions and even numerous stock investors, Li Jianhui stood on the stage very calmly. The fact that Wheelock Group's stock price continued to fall on the stock market did not affect his mood at all.

"Shareholders of Wheelock Group, this time our group is issuing new shares, the main focus is to support Wheelock Real Estate Group, a subsidiary of Wheelock. One is to develop the Haojiang New Town Wheelock Plaza project, and the other is to promote the Tseung Kwan O area and Tin Shui Wai area.

Development of the area.

The real estate industry in Xiangjiang is entering a rapid development channel. In the future, the group will gradually reduce its shipping business and focus on the real estate industry.

I believe that the future development of Wheelock Group will never disappoint everyone, and I hope that all shareholders can continue to trust and support the development of the group.

…”

Li Jianhui spoke for nearly ten minutes, and then answered several questions from reporters. At 9:30, the Hong Kong Exchange officially opened for trading, and additional shares began to flow into the market under the operation of several major institutions.

Xinjian Investment Company absorbed 49.9% of the additional shares at the opening price based on its shareholding ratio, while the other shares were operated by Bank of East Asia, Dow Heng Bank, and Sun Hung Kai Securities.

Since Wheelock Group is controlled by Xinjian Investment Company, this additional issuance cannot be completed by Xinjian Investment Company.

As the market is currently pessimistic about Wheelock Group, the stock price in the additional stock circulation market has fallen further.

Fortunately, Li Jianhui was well prepared, and companies such as Xinhui Group, Haojiang Entertainment Company, Daoheng Bank, etc. began to acquire shares of Wheelock Group in the stock market.

As a result, Wheelock Group's stock price has been fluctuating all morning, with the stock price neither going up nor down.

As of the market close in the morning, there was only one leading company whose stock price had plummeted, and that was Heung Kong Electric Company. The stock price had even fallen below the price before Li Jianhui entered the market.

The other two companies that were in the same boat yesterday, Wheelock and Hutchison Whampoa, were in shock and did not continue to fall like Heung Kong Electric.

Wheelock Group has several major investment institutions supporting it. It is understandable that the stock is in shock, but it is abnormal for Hutchison Whampoa to have such a situation.

In particular, major investment institutions discovered that the circulation of Hutchison Whampoa shares in the stock market was gradually decreasing. Compared with yesterday, it was less than half of the amount yesterday. They knew without thinking that there were powerful people buying up Hutchison Whampoa shares in large quantities.

Li Jianhui doesn't care what the outside world thinks. He has basically got the chips he wants. Even if HSBC notices, it will be powerless to stop him.

The Peninsula Hotel was the place where Cologne Standard Chartered and a number of Hong Kong British-owned group executives celebrated yesterday. Li Jianhui, Chen Zhiyong, Feng Jingyao, Feng Jingxi, Li Guobao, etc. celebrated the successful completion of the Wheelock Group's additional stock issuance.

Li Jianhui picked up the wine glass in his hand and said: "Thank you all for your help, I would like to toast you all.

First, thank you for allowing Wheelock Group to complete this financing and enable Wheelock Group to develop faster.

Secondly, I would like to thank everyone for their investment in Hutchison Whampoa shares. Our combined shares have reached 35.4%. It can be said that Hutchison Whampoa Group’s probability of winning has been as high as 80%."

Chen Zhiyong didn't know until now that his future son-in-law had secretly used a plank road to seduce Chen Cang.

It was in vain that I was worried about him being hit by Xiangjiang Electric yesterday, but it turned out that this guy had never thought about acquiring Xiangjiang Electric.

Regardless of whether it is here or in the media, the constant statements are just to confuse the situation and confuse the public. The target has always been Hutchison Whampoa, which is controlled by HSBC.

Feng Jingxi smiled and said: "Li Sheng is too polite. The Xiangjiang British Capital Group has been suppressing the development of our Chinese capital for hundreds of years. Your acquisition of Hutchison Whampoa will be of huge benefit to the future development of our Chinese capital. How can we not help you?"

Woolen cloth?"

Feng Jingyao and Li Guobao also spoke out, telling Li Jianhui not to be polite. Xiangjiang British Capital Group is the common enemy of everyone, and it is necessary to contribute.

Only Chen Zhiyong was not polite to Li Jianhui. As Li Jianhui's master and also Li Jianhui's future father-in-law, it was only right for Li Jianhui to toast him.

"I won't say much more. I have recorded your feelings. I will never stand by and watch if something happens to you in the future. I also believe that our industries will develop better and better in the future."

Whether it was Feng Jingyao, Li Guobao or Feng Jingxi, they helped Li Jianhui mainly because they hoped to deepen the relationship between the two parties. Now Li Jianhui has gone overseas.

Maintaining friendship with Li Jianhui, or even forming an alliance, would be of great benefit to their own family.

For example, this time, not only can they sell Li Jianhui a favor, but as soon as the news spreads that Li Jianhui has become the largest shareholder of Hutchison Whampoa, Wheelock Group's stock price will inevitably skyrocket, and they will make huge profits.

Moreover, many of Li Jianhui's industries will be listed in the future. They will have no problem becoming market makers through this relationship, which will not only expand their influence, but also allow them to obtain huge profits.

"Jianhui, you also know that I mainly rely on my family, and I am not outstanding in business ability. If there is a chance for future development, I hope you can take me with you."

Li Guobao said that he had outstanding abilities, but everyone just listened. He could stand out from a big family and become the next generation heir. How could he be an incompetent person?

Li Jianhui also knew that this was an elite in Hong Kong's financial community. In his previous life, Bank of East Asia had always been the number one domestic bank in Hong Kong, which was inseparable from his hard work.

"Brother Guo Bao is too modest. In terms of finance, I am far behind you. I hope Brother Guo Bao can give me some advice in this regard in the future.

If there is an opportunity to make money in the future, I will naturally not forget you all. After all, I cannot make all the money in the world by myself.

For example, in Tseung Kwan O and Tin Shui Wai, if the Chinese Real Estate owned by National Security Brother has sufficient funds, it can purchase more land plots. The focus of my industry will be in these places in the next few years.

For example, the headquarters of Jiayi Group, Huihong Gaming Company, Wheelock Land, etc. will be located in the Tseung Kwan O area."

Not only did Li Guobao listen to what he said, Feng Jingxi also listened. Although he has left Sun Hung Kai Properties, he is still a director of Sun Hung Kai Properties and one of the major shareholders.

Li Jianhui was preparing to move into Tseung Kwan O on a large scale, and the government was also interested in developing the area. It was necessary for him to advise Guo Desheng and Li Zhaoji to pay appropriate attention to the Tseung Kwan O area.

Although major real estate companies are currently concentrated in Kowloon, Hong Kong Island, with Li Jianhui's rapid development, Tseung Kwan O will become a hot spot in a few years.


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