Compared with its influence in Malaysia and Thailand, Tung Wah Club’s influence in the Philippine market is not too strong. Except for the development of the retail and financial industries, the current key industries are basically in Cebu, and in the Philippines
, the Tung Wah Association also has no relatively powerful members.
This time Li Jianhui first arrived in Manila, the capital of the Philippines, instead of Cebu in the ASEAN Free Trade Area, because he also wanted to expand the influence of Tung Wah Club in the Philippine market.
Compared with the signing of investment agreements one after another in ASEAN, the stock market in Hong Kong, which was already in a storm, suffered another heavy blow at the opening of the market on Monday. The three major indexes collectively plummeted, even the East Asia Index, which has many blue-chip listed companies in the Tung Wah Association.
There was no way to escape this fate.
In particular, real estate stocks such as Hutchison Real Estate, Xinjian Real Estate, Guanghua Real Estate, and Huaren Real Estate, which have been in the limelight for land purchases, have become the main culprits in triggering the stock market crash.
It's just that relative to Cheung Kong, Henderson Land, Sun Hung Kai, Great Eagle, Jardine Matheson Land, Swire Properties, New World Properties, Hopewell Properties, etc. have successively issued announcements expressing their optimism for the future market. Several major Heung Kong real estate groups under the Tung Wah Club have not done so.
any expression.
But secretly, many securities institutions of the Tung Wah Association, including the Bank of East Asia Securities Department, Xinjian Securities Investment Company, Guanghua Securities Investment Company, etc., have increased their investment in Great Eagle Real Estate, Regal Hotels, and Bailibo Holdings in the stock market.
Absorb.
In the afternoon of the same day, Li Guobao also secretly met with Luo Xurui, the second young master of the Luo family, at the Yixuan Tea House.
"Xurui, I don't know if you have decided yet. As long as you agree, Regal Hotel will completely sever its relationship with Great Eagle Group. This company will also have you as the chairman of the board of directors and general manager, and you will be fully responsible for its management. We have several major companies."
The fund is only waiting for dividends and will not interfere in the affairs of Regal Hotels."
Seriously speaking, the second young master of the Luo family is also an elite. It's a pity that he has some bad luck. As the second young master of the Luo family of the Great Eagle Group, for some reasons, the owner of the asset trust that the Luo family held its main assets in HSBC was directly
He was excluded, so that the Luo family's assets had nothing to do with him.
This also directly led to a break with his family, and having been engaged in stock market finance for many years, in order to strengthen his own strength and express his dissatisfaction and counterattack, he chose Regal Hotel Company, one of his main industries, as his first target.
The reason why Li Guobao originally proposed to target the Luo family's Eagle Group and was sure to make it lose at least a piece of meat was because he knew some of the Luo family's situation.
As an elite, Luo Xurui is also very aware of the consequences of cooperating with the Donghua Society. This is undoubtedly seeking the skin of a tiger.
But now he doesn't have much choice. He no longer has the right to inherit the Luo family, and even the Luo family's assets have nothing to do with him.
If he doesn't cooperate with the Tung Wah Association, I'm afraid it will be difficult for him to get ahead in Xiangjiang.
Moreover, he has always been extremely unwilling and dissatisfied with his parents' actions. Why, out of nine brothers and sisters (six brothers and three sisters), he and his second and third sisters have no inheritance rights at all.
Could it be that because the third brother is devoted to medicine and the other brothers are still young, he threatens the eldest brother's future control of the Luo family.
This time he wants to let his family know what a mistake it was for his eldest brother to inherit the Luo family, and he also believes that with the support of the Donghua Society, he will build a Silla family in the future that will far exceed the current Luo family.
He also knew that Donghua Society must have started to take action secretly. Li Guobao asked him to meet with him today to show off his cards. If he still didn't give a positive answer, he was afraid that Donghua would give up cooperation with him completely.
Therefore, after Li Guobao finished speaking, he did not hesitate much and said directly: "Brother Guobao, after this period of operation, I have mastered 15% of the shares through multi-party operations. As long as Donghuahui's shares can be
Over 35%, we can take over Regal Hotels tomorrow."
Li Guobao felt confident. With Luo Xurui's cooperation, the acquisition of Regal Hotel was basically stable.
The issue of the right to issue Hong Kong currency notes was not over yet. It was not enough for TVB, Shaw Brothers Pictures, and China Star Records to break away from the Nanjiang Association.
This time the Regal Hotel will definitely give Nanjiang Club a slap in the face. You must know that the Regal Hotel can now be said to be the royal hotel of Nanjiang Club.
"You only need to hold 15% of the shares in your hand. Except for the 25% shares held by Great Eagle Group and the 15% shares held by Nanjiang Hang Seng Bank, which are relatively difficult for us to obtain, the other shares are nothing more than money.
question.
Especially during this period, both stock investors and investment institutions are rushing to sell shares of companies whose performance is not very good and which are not leading companies. Regal Hotel is obviously the target of being sold off. "
Li Guobao actually didn't have much idea about the Regal Hotel. The Tung Wah Club had its own royal hotel, and the Regal Hotel was of little use to the Tung Wah Club.
This time he mainly went for Great Eagle Group and Palibo, and the Regal Hotel was just an appetizer.
It can even be said that whether Regal Hotel can be acquired or not does not have much impact. With Luo Xurui's cooperation, it will only be able to better attack the Luo family and even the Nanjiang Society.
Luo Xurui naturally knew the strength of the Donghua Club. During the period of the stock market plummet, the Donghua Club had a very high success rate when it hid in secret and carried out sneak attacks.
The six major associations in Hong Kong and the Nanyang Association all have their own royal hotels, and all parties would never think of one party going back to acquire the other party's hotel.
If he didn't know the inside story, even if he discovered something about the stock market, he would only think that the other party was targeting the Great Eagle Group, not Regal Hotel.
He also knew very well that even if the Tung Wah Club teamed up with him to take over the Regal Hotel Company this time, the Tung Wah Club's royal hotel would only be the Xinhui Hotel.
If he wants to make Regal Hotel bigger and stronger, it is necessary to transform Regal Hotel. Therefore, he also put forward his own opinions on the future development of Regal Hotel.
"Xurui, after winning the Regal Hotel, you can make up your own mind on how to develop it.
I am mainly engaged in banking and finance, so I can't give you much advice in this regard. You can also communicate with the president of Xinhui Hotel Group and the two parties will develop in a coordinated manner.
After Jianhui comes back, if you are undecided, you can discuss it with him. I believe that under your leadership, the future development of Regal Hotel Company will not be inferior to that of Xinhui Hotel Group."
…
After sending Luo Xurui away, Li Guobao made a special trip to the Xinjian Building Political and Economic Research Office. He needed to know the investigation status of Great Eagle Group and Bailibao, especially the financial situation.
In recent years, there have been reports of financial problems of the Great Eagle Group from time to time. However, due to the appreciation of the Hong Kong dollar and the rise of the stock market, coupled with the support of the Nanjiang Consortium, there have been no major problems.
However, through some conversations with Luo Xurui and some rumors, Li Guobao believed that this was not groundless. There might be a big problem here, which would be his biggest help in defeating the Great Eagle Group.