In the first month of the 1980s, the Xinjian Group was not quiet. On the afternoon of the day when several companies were cross-shareholding, Wheelock Land held a press conference.
Su Hongtao, chairman of the group's board of directors, announced that due to the group's strategic expansion, especially the start of the Wheelock Plaza construction project in Tin Shui Wai and Tseung Kwan O, the group will issue an additional HK$3 billion of new shares.
Although the amount is huge, because it is an institutional purchase, it will not be circulated to the stock market in a short period of time, and the impact on the group's stock market will not be too great.
The major families in Hong Kong are undoubtedly more concerned about this. The current market value of Wheelock Land Group has reached more than 4.1 billion Hong Kong dollars. Once this private placement financing is completed, the group's market value will exceed 7 billion Hong Kong dollars.
Not only has it surpassed Jardine Matheson Land to become the largest real estate group in Hong Kong, but it has also surpassed the second largest real estate group Jardine Matheson by nearly three billion Hong Kong dollars. It is very difficult for any real estate group to suppress Wheelock Land Group in a short time.
Wheelock Land will obviously not fight an uncertain battle. It issued an announcement that night. The group has cooperated with Daoheng Bank, Yuntao Investment Company, Xingsha Investment Company, China Trust (Baodao Gujia), and Hongwan Trading Company.
(Fuji Group) reached an agreement and submitted it to the Far East Exchange.
It stipulates that the stocks subscribed by several major institutions will have a three-year lock-in period and cannot be circulated on the market within three years, so as to avoid any impact on the group's stock price.
After this round of private placement, Wheelock Holdings Group's shareholding has been reduced from the previous 67% to the current 38.7%. Yuntao Investment Company invested 1 billion to account for 14.28% of the shares, Benimaru Trading Co., Ltd. invested 800 million Hong Kong dollars to account for 11.27% of the shares, and Xingsha
The investment company invested HKD 600 million to account for 8.57% of the shares, Dao Heng Bank invested HKD 400 million to account for 5.63% of the shares, and China Credit Investment invested HKD 200 million to account for 2.82% of the shares.
Li Fuzhao, chairman of the Far East Exchange, is very excited. The exchange's first company with a market value of more than 5 billion is about to be born, and he believes that with Wheelock Land Group's generosity, it won't be long before the Far East Exchange will have 10 billion
market capitalization of companies.
On Tuesday morning, before the market opened, he personally announced his approval of Wheelock Land's decision to issue additional shares to several major institutions, which gave Wheelock Land an extra three billion in cash. At the same time, as soon as the market opened, Wheelock Land's total market value
It has reached HK$7.163 billion.
Major investment institutions and stock investors also took notice of this good news, and the price of 25.24 rose rapidly.
It's a pity that Li Jianhui did not make them so happy this time. At 10 o'clock in the morning, Xinjian Group issued an announcement that the group would reduce its holdings of Wheelock Holdings by 5% and Whampoa Holdings by 10%.
According to the latest regulations of the Hong Kong Securities Law, Xinjian Group issued an announcement today that it will not be able to reduce its holdings until Friday at the earliest.
However, the stock market obviously will not wait until Friday. The stock price of Wheelock Real Estate Group, which was still rising just now, was affected by its parent company Wheelock Holdings. The stock price not only stopped the upward trend, but also started to plummet.
Because of this announcement, not only the share prices of Wheelock Land, Hutchison Land, Whampoa Holdings, and Wheelock Holdings plummeted, but the share prices of related companies such as Guanghua Construction, Chinese Land, and Kowloon Construction also experienced changes.
Countless investors and institutional leaders who have just entered the trap are full of resentment towards Li Jianhui and Xinjian Group. It is really a trap.
There were so many good news yesterday, and they were planning to make a little fortune in the industries of the Xinjian Clan and its allies, but today there was a huge bad news that trapped them.
What these investors don't know is that just when they are thinking about selling their shares, there are forces quietly absorbing these shares.
As a result, the stock prices of several major companies fell less than 5% and began to fluctuate violently. Some smart institutions chose to continue to increase their positions. Only retail investors with no professional knowledge just wanted to escape, fearing that the stock prices would continue to plummet.
Li Jianhui, who was following the stock market at Wheelock Tower, did not expect that Cheng Yaojin would show up, but he didn't know whether the other party was a friend or an enemy.
His original intention was to let the stock price plummet for two days. On Thursday, several major investment institutions entered the market to buy stocks and push up the stock price. On Friday, he began to gradually increase the volume.
Unexpectedly, some forces started to buy the stocks of several of his companies this morning. It would be fine if they were purely optimistic about the major companies of the Xinjian Group, but if they wanted to target the Xinjian Group, there might be a lot of trouble.
To be able to stabilize the decline in the stocks of the four major groups, one must have huge funds. You must know that among the four major groups, Hutchison Real Estate, which has the lowest market value, has a market value of more than 3.4 billion Hong Kong dollars. Without some strength, it cannot protect the market at all.
Li Jianhui asked Xinjian Investment to pay attention to changes in the stock market at all times, and also asked Wu Jiankun of the Political Research Office to investigate which party was taking action.
"Jianhui, there is no need to bother the Political Research Office to investigate. The real owner has already arrived at the lobby on the first floor of Wheelock Building and hopes to visit you."
Zhou Jiayi's words surprised him. It turned out that the people who took action this time were friends, the Grosvenor family of the Duke of Westminster in England.
This person was also one of the nobles who helped the Xin Jian clan speak up before, and according to the reports of Zhou Pengfei and Li Zaiwei, the Grosvenor family also benefited a lot from London gold this time. It is conservatively estimated that the gain is at least 1 billion US dollars.
This time, the person who came to Wheelock House was the cousin of the current Duke, Gerald Grosvenor. She was 7 years younger than the current Duke, but she was only 23 years old.
Li Jianhui didn't know the purpose of sending a member of the Grosvenor family to Xiangjiang who, although he had a master's degree from Oxford Business School, had less experience in the business world than you.
However, since he was a guest from afar, Li Jianhui still asked Zhou Jiayi to notify the front desk staff in the lobby to invite this person up.
…
"Miss Grosvenor, I wonder if you would like coffee or tea."
"Mr. Li, you're welcome. Just give me a cup of tea. I'm here uninvited. I hope Mr. Li will respect it."
Li Jianhui did not expect that this woman with blond hair and blue eyes, a delicate face and a slender figure would actually study Chinese.
Perhaps feeling the surprise of Li Jianhui and Zhou Jiayi, Lisa Grosvenor said with a smile: "Are Mr. Li and Miss Zhou surprised that I can speak Cantonese?"
"I heard that Miss Grosvenor has been living in England, but I didn't expect that she could speak Cantonese fluently. It was indeed beyond my expectation."
"This is all thanks to Mr. Li's good employee Zhou Pengfei. I came to see Mr. Li this time for three main reasons.
First, on behalf of the Grosvenor family, we hope to strengthen cooperation with Mr. Li. To this end, our family is willing to show sincerity and prepare to hold a part of the shares of the Xinjian listed company.
The second thing is that I heard that Mr. Li is getting married next month. I wonder if our family is qualified to be guests. I will stay in Xiangjiang during this period.
The third thing is about Zhou Pengfei, general manager of Blue Feng Investment Company. I hope Mr. Li can fire him so that he will choose to join our family."
Regarding the first and second points, Li Jianhui has no objections. Strengthening cooperation with the Grosvenor family will also be conducive to the development of his industries.
However, Li Jianhui would not agree with the third point. Zhou Pengfei is his top talent, and Blue Feng Investment Company currently needs Zhou Pengfei to lead it.
At this time, only some British nobles knew that this company belonged to him, and it was difficult for the outside world to associate the Xin Jian Department with Lan Feng Investment for the time being.
If Zhou Pengfei were not there and he transferred senior officials from Xiangjiang, it would definitely arouse suspicion from all walks of life in Xiangjiang.
From Lisa Grosvenor's tone, Li Jianhui Liu could sense that there must be something going on between Lisa Grosvenor and Zhou Pengfei. Even if they didn't talk about marriage, they were still lovers.
This person obviously didn't want Zhou Pengfei to continue working for him, and was planning to drag Zhou Pengfei to join the Grosvenor family.