At the HSBC headquarters, Shen Bi rarely roared at his subordinates. The changes in the Hutchison Whampoa stock market this morning were also noticed by the HSBC Securities Investment Department. Unfortunately, it was already too late.
"Paul, I specifically told you to keep an eye on Hutchison Whampoa's situation in the stock market, and report any abnormalities to me immediately. That's how you keep an eye on it.
Do I have to wait until the other party puts a knife on our necks and declares that Hutchison Whampoa is controlled by the other party before I know the situation?"
Facing the angry Shen Bi, Paul explained: "Hutchison Whampoa has been fluctuating repeatedly these days. Our investment department believes that there is a main force operating, with the purpose of buying low and selling high to make profits.
Yesterday and this morning, stocks such as Heungkong Electric, Wheelock, and Wharf all fell sharply, as did Hutchison Whampoa.
The volume of retail shipments was very huge. At first we just thought that the main force was buying the bottom again to prepare for another rise.
It was only this morning that the main funds obviously violated the bookmaker's principles and directly began to place large orders on the market. This made us realize that there was something unusual here."
"What kind of main capital, what kind of banker, let me tell you, it's Li Jianhui's funds, asking you to keep an eye on Xinjian Investment, Daoheng Bank, and Bank of East Asia. What are you looking at? You won't even know it even if you let others fool you."
The furious Shen Bi asked Paul to go out without any gentlemanly manner. He himself contacted Li Chaoren and Stanley Ho on the phone.
It's the same Peninsula Hotel, just not in the same private room.
Li Chaoren was actually very reluctant to come. You must know that he had taken a liking to Hutchison Whampoa a long time ago. If not for some accidents, this group might have been his.
However, Hutchison Whampoa is getting further and further away from him now. Without the help of HSBC, it is undoubtedly a foolish dream to control Hutchison Whampoa Group with only the little funds and shares in his hand.
In his heart, he hated Li Jianhui, Cheng Yaojin, and gritted his teeth. Wharf had failed because of Li Jianhui, and now Hutchison Whampoa was also disturbed by Li Jianhui, causing his development to be hindered one after another.
Shen Bi also knew that Li Chaoren must have thoughts in his heart. She said aloud: "Jia Cheng, Hongsen, the situation has changed now. According to my understanding, I am afraid that Li Jianhui has already held a considerable part of Hutchison Whampoa's shares." , may even exceed the shares held by HSBC.
Now to prevent Li Jianhui from taking over Hutchison Whampoa, we need to act immediately. We at HSBC can sell Hutchison Whampoa shares to Hongsen at the current market price.
I also hope that Jiacheng will also sell his shares to Hongsen and communicate with you about the price.
At the same time, HSBC can provide loans to Hongsen to support you in purchasing stocks on the stock market to ensure that Hutchison Whampoa is not controlled by Li Jianhui."
At first, Li Jianhui was very disrespectful to him, but this time Shen Bi approached him and specifically targeted Li Jianhui. He also intended to expand his other industries, so Stanley Ho readily agreed to this cooperation.
These days, he has been understanding the specific internal situation of Hutchison Whampoa and making a realistic valuation of Hutchison Whampoa.
Unexpectedly, Li Jianhui would actually play this trick, shouting that he would acquire Xiangjiang Electric Light so that the Chinese in the Xiangjiang power industry would have the right to speak.
As a result, they were secretly taking action against Hutchison Whampoa Group and did not acquire Heung Kong Electric shares at all.
"Shen Bi, do you know how many shares Li Jianhui holds? What is Li Jianhui's financial situation? How much financial support can HSBC give me?"
Facing Stanley Ho's three questions in a row, Shen Bi was unsure. Now he didn't know what step Li Jianhui had taken in Hutchison Whampoa's acquisition.
As for Li Jianhui's financial resources, HSBC is even more unclear now. At present, Li Jianhui's industries have no cooperation with HSBC, and the other parties are now mainly banks such as Citigroup, Sakura, and East Asia.
In terms of financial support, it depends on how much money Stanley Ho can take out as collateral. The most he can do is get the Hutchison Whampoa shares from HSBC for his unsecured loan, which is already the maximum.
Moreover, after this part of the shares is in the hands of Stanley Ho, it must be mortgaged back. This share cannot be used to continue mortgage loans.
Li Chaoren felt uncomfortable being on the sidelines. Some of Shen Bi's conditions had been imposed on him before. Without Li Jianhui's obstruction, he would have been able to obtain control of Hutchison Whampoa without spending any money.
As a result, because he was unable to come up with enough funds to compete with Li Jianhui for control of Hutchison Whampoa, he completely lost the opportunity to take over Hutchison Whampoa.
Stanley Ho fell into silence. He wanted to calculate whether he had enough financial resources to increase his shareholding to 49.9%.
The biggest uncertainty in this is how high Li Jianhui will raise the purchase price of Hutchison Whampoa. Once it exceeds what he can bear, and Li Jianhui takes control, he is very worried that he will become Qiu Deba's second best.
Li Jianhui has been tricked by Li Jianhui very badly. He obtained shares from Zhang Yuliang at a high price. Not only did he fail to take over Wheelock, but his shares continued to depreciate in value and were even diluted.
Hutchison Whampoa's current stock price is HK$8.4 per share, with a total market value of HK$3.36 billion. In addition to the shares held by HSBC, he will also prepare at least HK$1.5 billion.
This is definitely an astronomical figure, and his own assets are definitely not enough. If he wants to take over Hutchison Whampoa, he must seek help from his family.
"Shen Bi, I wonder if HSBC can temporarily absorb Hutchison Whampoa shares in the market. I still need a few days to prepare funds."
If it were before today, Shen Bi would still agree, but now Li Jianhui may control 49.9% of the shares and voting rights at any time, and he is not willing to take risks with HSBC.
This time, on the one hand, he wanted to create a strong enemy for Li Jianhui, and on the other hand, he also wanted to get rid of Hutchison Whampoa shares.
Shen Bi knows very well that once Li Jianhui takes control of Hutchison Whampoa, he will definitely regard HSBC as a thorn in his side and will do everything possible to dilute HSBC's shares.
And it is very likely that he will do things that will cause the company to continue to depreciate, just like the current Wheelock Group.
If he continues to increase his stake in Hutchison Whampoa, the board of directors will not be able to approve it.
"Hongsen, you know the situation here well. The board of directors will not let me do that. I hope you can hurry up. As long as Li Jianhui does not gain control of Hutchison Whampoa for one day, the conditions I gave you will remain valid.
I believe that with the power of your He family, there is no problem with this small amount of funds. I believe that each branch of the He family can see the benefits of winning Hutchison Whampoa to your He family, and they will definitely support you."
Li Chaoren was feeling quite unhappy, but unfortunately he couldn't vent his anger here. He also had a deep obsession in his heart. He must build a strong family so that his next generation would not lose opportunities because he had no family to rely on.
As for the shares in his hand, he didn't ask for much. Affected by the sharp drop in stock prices, his acquisition cost was higher than the current market price. He asked for a two-tier premium so that he could make some money. At the same time, he asked for cash.