The Industrial Giant Reborn

Chapter 318 Big Hotel Acquisition Battle

The time will soon be July.

In the past two weeks, Hong Kong's stock market has continued to be booming. The Hang Seng Index has repeatedly hit new highs. More and more, many related large conglomerates in Hong Kong have begun to vigorously guide overseas tourists to come to travel, and because of the reform of the mainland, more international businessmen are going to Hong Kong, using this as a springboard to try to carry out business cooperation with the mainland.

In particular, the stocks of Grand Hotel, the oldest hotel group in Hong Kong, have been rising all the way, but soon, some people discovered that something was wrong. Go, the trading volume began to soar unusually sharply.

The large and small consortiums and some shareholders who smelled the "fishy smell" immediately realized that a large consortium was acquiring the shares of a big hotel, and it was very likely that a fierce acquisition battle would break out soon.

When encountering the acquisition of British capital, the first thing most people in Hong Kong think of is Chen Zhiwen, but an assistant of Chen Zhiwen soon said in an interview with the media that the matter of the hotel has nothing to do with Chen Sheng.

Who's Buying Stocks in Big Hotels? It became a puzzle. As the stock price of the hotel rose to 40 Hong Kong dollars a share, the Kadoorie family finally reacted, and immediately held a press conference, saying that the hotel is now very profitable. Under the leadership of the Kadoorie family , the income is very good, and at the same time, an open appointment is made. No matter who is buying the shares of the big hotel, the Kadoorie family is willing to include the other party in the board of directors and serve all shareholders together.

This promise is false, and anyone with a discerning eye can see that this news obviously has not been responded to. The trading on the stock market is still going on, and a lot of hot money has also followed in. Soon, the stock price broke through to 50 Hong Kong dollars.

This price is basically twice the price before the news of the acquisition. Guo Henian, who was behind the scenes, finally stepped forward and officially announced the acquisition of the big hotel group.

"Who is Guo Henian?"

This is the question that many Hong Kong people have after hearing the news. It was not until the afternoon that Hong Kong Economic Journal urgently released an afternoon edition of a temporary newspaper that everyone knew about this wealthy Southeast Asian businessman.

"World Sugar King", "Malaysia's Richest Man", "Southeast Asian Hotel Tycoon", anyone with such a title is enough to become a business overlord, and Guo Henian has three, which were described in detail in newspapers as early as a long time ago Kuok Hok-nian had intended to invest in Hong Kong before, and since he owns the hotel industry, everyone was immediately enlightened. No wonder he wants to acquire a large hotel group.

The Grand Hotel Group owns the most famous Peninsula Hotel in Hong Kong, and also has many high-quality land and rental properties. After all, this is also a company with a history of nearly 50 years.

Affected by this, the stock price of the big hotel rose again.

In the headquarters of CLP Group, Michael Kadoorie, who got the exact news, said to his subordinates: "Immediately find some contacts and go to Malaysia to check all the information about Guo Henian. There is too little useful information in this newspaper."

This one-page introduction to Guo Henian is enough information for ordinary people who eat melons, but it is not enough for the Kadoorie family who are about to spend a lot of money to protect their own property.

"Okay," said a young blonde beauty.

"Also, prepare the car, I'm going to HSBC." Mi Gao Jiali said again.

After a while, Michael Kadoorie got into his Rolls-Royce sedan and went to the headquarters of HSBC Bank amidst many media photos.

Shen Bi had also received the call a long time ago, and after Michael Kadoorie entered the office, Shen Bi had already arranged for someone to prepare coffee.

Michael Kadoorie said: "Mr. Shen Bi, you also know the situation of the big hotel now. I don't have any specific information about Guo Henian, but his financial strength is probably higher than that of my Kadoorie family. Therefore, I need Loan a sum of money from HSBC to keep the big hotel."

"How much do you need?" Shen Bi said.

Mi Gao came to see him, naturally, to borrow money, and this is also the most important business of the bank itself, especially for this kind of emergency loan, the interest is generally far higher than normal commercial loans, and as for risk management and control, Shen Bi will also control it very well .

"1 billion Hong Kong dollars." Michael Kadoorie said a figure.

"That's too much." Shen Bi shook his head and said, "Before CLP borrowed 2.6 billion Hong Kong dollars from HSBC and various banks to build a new fuel-fired power station. In the past two years, oil prices have been high, and CLP has been losing money. If it weren't for the basic projects of people's livelihood, I am afraid that such a loss would not be able to support it long ago, and now you need so much money, for me, HSBC, the risk is too great."

"How much can HSBC give?" Michael Kadoorie said with a frown.

"I'll give you 500 million Hong Kong dollars first, how about it? How about the follow-up depends on Guo Henian's situation." Shen Bi said.

"Is there any communication channel between HSBC and Guo Henian? I would like to talk to each other." Michael Kaori said again that CLP has indeed suffered a lot of losses in the past two years. Fortunately, the real estate market has developed relatively well. Now the big hotel group has been attacked again. In this case, even if he wins, he will also cause serious losses. If he can negotiate peace, that is the best result.

"Sang Dashi once cooperated with Guo Henian when he was in the top class of HSBC. Later, Guo Henian became a shareholder of a bank in Malaysia, and he never cooperated with HSBC again. But I can pass on a message." Shen Bi thought for a while and said.

"Okay, thank you very much." Michael Kadoorie got what he needed, and left immediately.

After Michael Kadoorie left, after a while, Diss, the general manager of Waldolly, came in and asked: "Mr. Shen Bi, I have sent a message to a bank friend in Malaysia, and he will bring our words to you. To Guo Henian."

"That's good, but I guess it's unlikely that we can negotiate peace. I've heard that Guo Henian wanted to come to Hong Kong to build a hotel, but I didn't expect him to directly buy a big hotel." Shen Bi said.

Diess said: "It's a bit strange. The hotels owned by Guo Henian are Shangri-La hotels. It stands to reason that it would be more cost-effective to invest in hotels in Hong Kong. It would be more cost-effective to buy an existing hotel, whether it is changing the name or changing the decoration style. It’s not worth the money, and if it were different, The Peninsula and Shangri-La wouldn’t complement each other.”

"It's a little unreasonable, but it is also possible that Guo Henian is planning to transfer capital to Hong Kong." Shen Bi thought for a while and said: "This makes sense. In the past few years, many Chinese in Southeast Asia have been thinking about transferring capital. Most people just buy some real estate or stocks, but Guo Henian’s net worth is so high that if he wants to come to Hong Kong, he must buy a local company with a large scale, maybe he has chosen a big hotel group.”

"It's also possible. The Kadoorie family has invested all their assets and energy in CLP Power in the past few years. Coupled with the general environment, they may really lose control of the hotel." Diess nodded and said.

"Guo Henian wants to buy a big hotel, I'm afraid I have to ask another person." Shen Bi said with a smile.

"You mean, Liang Zhonghao?" Diss asked.

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