The Industrial Giant Reborn

Chapter 110 Hutchison takeover battle (5)

The meeting with Qi Dezun broke up somewhat. Shen Bi thought for a while on the car going back, and after returning to HSBC, he reported everything to Saunders.

"Qi Dezun, an idiot, wants to threaten us now." Sanders said angrily.

"But what he said makes sense. If something goes wrong with Hutchison, HSBC will not be able to afford it." Shen Bi said with a frown. Hutchison and its subsidiaries owe almost 800 million Hong Kong dollars to HSBC. A sum of money is enough to cover the profits of HSBC for two or three years now. If the worst happens, HSBC will be hurt. If this happens during his tenure, it will definitely damage his reputation. big impact.

"No matter whether it is a bank in Hong Kong or overseas, it is unlikely to lend him money. It is estimated that Qi Dezun can only count on the shareholders' meeting now." Sanders shook his head and said.

"Speaking of the general meeting of shareholders, Qi Dezun said that Hutchison's stock didn't drop much yesterday, so I think there is something wrong." Shen Bi suddenly said again.

"What do you mean?" Sanders asked.

"An event as big as the Indonesian port is a fatal blow to Hutchison's confidence. Under such circumstances, Hutchison's stock should at least plummet, but there is no problem now. This shows that either the news did not spread, or Someone is buying a lot of Hutchison stocks." Shen Bi analyzed: "I think the latter is more likely because the trading volume in the stock market is huge."

"You mean someone wants to acquire Hutchison? How dare someone else be so bold?" Saunders said in surprise. As Hutchison's biggest creditor, he naturally knows how big Hutchison's problems are right now? It can be said that the 100 million loan that Qi Dezun asked for would not last long at all. Hutchison with such a large debt, if it is really acquired, the acquisition may not cost much, but the subsequent maintenance of operations will require a huge amount of funds.

"I'm not sure. I've sent someone to investigate. Maybe it's just that my judgment was wrong, or someone just wanted to take the opportunity to buy the bottom. If Hutchison really survives, the current stock price is still very low." Shen Bi thought. want to say.

"It's fine if it's bottom-hunting, but if it's an acquisition, then the Hong Kong stock market will be lively this year, much more lively than the three-year-old Land Milk." Saunders said with a frown.

"I don't know which one is operating behind the scenes, Jardine? Taikoo? Wheelock? Or Kadoorie?" Shen Bi subconsciously mentioned several suspects.

"It's very unlikely. Hongkong Land has lost all its credibility when it acquired Dairy Milk International. Swire is now fully investing in the development of Taikoo Shing. Wheelock is also in trouble now. Kadoorie's CLP is also busy with Mobil. It is estimated that there is not much spare money to develop the Qingshan Power Plant." Sanders shook his head and said, as the head of HSBC, he is very clear about the foundation of these large consortia in Hong Kong.

"Then it might be an overseas consortium." Shen Bi thought for a while and said.

"If it is really a large overseas consortium, that would be good news for us. As long as there are no problems with Hutchison's debts, we will be much more stable." Saunders said.

"That's true." Shen Bi nodded and said, "If it's a real acquisition, it will probably be announced after a while."

"Yes, then just wait. In addition, you should pay attention to the people who hold a lot of shares in Hutchison." Sanders reminded.

"Well, I understand. If it is an acquisition, then these people will definitely be found by the other party in the end. If it weren't for the fact that Hutchison's stock is too scattered, the market may have discovered the abnormality long ago. From this point of view, the media's exposure of the Indonesian port may also be intentional. For that." Shen Bi thought for a while and said.

Although Hutchison does not have a major shareholder, there are always some investors who hold a large number of stocks, some 1%, some 0.5%, and so on. The sum of these is not small, but they do not know the stock price fluctuations during this period. , Will it have already been shot?

Prince's Building:

Chen Zhiwen is playing an arcade machine in the office, which is the latest Magic Cube. Although in later generations, he never bothered to play this kind of low-level game, but after staying in Hong Kong in the 1970s for a few years, he can only bow his head to reality. It's nice to have a game like this.

By the way, he can also find some old feelings. As the only player who has played Tetris in later generations, maybe he can find some shortcomings.

As a veteran, Chen Zhiwen was naturally experienced, and easily defeated An Qi who was still bragging just now.

"Boss, you are amazing." An Qi said with a smile.

"This is too simple. It will be difficult to produce cubes with different colors in the future." Chen Zhiwen said with a smile.

The current cube does not have color settings. The monitor actually has this capability, but the chip cannot achieve it. In other words, low-cost settings cannot have color settings.

However, it is too difficult for the blocks to have different colors, so it is not suitable for arcades, a business model that makes money for customers, but it can coexist with the normal mode for players to choose.

When home game consoles come out in a few years, it will definitely become a blockbuster. The higher the difficulty of the challenge, the more suitable it is for home game consoles or handhelds, because the positioning of these two is to consume players’ boring time and achieve appropriate achievements. feel.

"Different colors?" Angie didn't quite understand.

"Dong dong dong" there was a knock on the door, and An Qi said, "It should be Manager Zhou."

As she expected, it was Zhou Jiayang who was in charge of Galaxy Securities.

"Chen Sheng, good morning." Zhou Jiayang said politely after entering.

"Morning, sit down." Chen Zhiwen waved his hand, indicating to sit down on the sofa, while An Qi prepared drinks for the two of them.

"How is Hutchison's stock acquisition going?" Chen Zhiwen asked.

"This week, the market was very big. We bought about 7% of the shares. Today, we have 30.1% of the shares of Hutchison. According to the law, we already have two directors of Hutchison. " Zhou Jiayang said happily, being able to acquire a giant like Hutchison, one of the four major foreign companies, is very rare in the entire history of Hong Kong and even global business. As the main operator, it can be regarded as a great honor in life.

"Okay, I got half of it." Chen Zhiwen nodded and said, "But it's still not enough, less than 40%, and we still don't have absolute control."

"Chen Sheng, with a 34% controlling stake, we basically have the chance to win." Zhou Jiayang reminded.

"To deal with Qi Dezun, of course I have a certain chance of winning, but what I want to guard against this time is that there are so many creditors behind Hutchison, and a little more shares, so that they have nothing to do is the first step for me to control Hutchison." Chen Zhiwen said.

In later generations, Hutchison changed hands to HSBC’s shareholders’ meeting, and many banks forced debts from Hutchison’s board of directors. Even if Qi Dezun controlled everything, he couldn’t deal with HSBC, which had already obtained numerous shareholder representation rights. Next, leave in tears.

Although Chen Zhiwen now owns 30% of the shares, he will have a certain advantage in the general meeting of shareholders, but he has no experience in managing a large consortium like Hutchison, so he may still be distrusted by other small shareholders. Once this point is exploited and magnified, If HSBC conducts debt-for-equity swaps as it has done in history, the stocks in his hands will also be diluted, thus losing the only chance to forcibly obtain Hutchison.

Once HSBC obtains the management rights of Hutchison as it did in history, it will be up to HSBC to wait for the real estate market to recover in a few years and Heji to come back to life.

Even if it is still given to him, the price will inevitably be very high. For HSBC, it is in the best interest of HSBC to find someone who can fully control and listen to his own words, but it is obviously impossible for him.

Besides, after a few years, it will be time to take action against Wharf. HSBC absolutely does not want one to control these two giants.

Although the relationship between him and HSBC has been good on the surface in recent years, Chen Zhiwen will not put probability on others when it comes to such a big interest. All unstable factors must be controlled as much as possible, and the best way is to If the shareholding is increased again, as long as it reaches more than 40%, you can find a few shareholders at random, and you can make decisions about the entire settlement.

"Chen Sheng, our transaction data this week is already very large. There are not many stocks with short-term activities in the market, which may have aroused the suspicion of relevant personnel. If we buy again, we will not be able to hide it." Zhou Jiayang was a little worried Said.

Because the market was too big, the stock price did not fluctuate greatly due to the full-scale acquisition by one's own side, but the stock price does not mean that there are no other abnormalities. The huge trading volume will be discovered by people. Affect the circulation of Hutchison shares.

"If there are no tradable shares, then go directly to those who have shares and ask them to buy them." Chen Zhiwen nodded and said, although Hutchison had no major shareholders before, there were still a large number of small shareholders. The shares in the hands of these shareholders, It may not be much for one person, but adding up to a dozen is not a small amount.

"If we do this, it will really be an announcement of the acquisition." Zhou Jiayang said.

"Just take it as an announcement. At this point, you should stand up." Chen Zhiwen said with a smile.

PS: The last one seems to be a bit watery, there is one more chapter today, and two more chapters tonight.

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