Chapter 459 Backdoor harvesting of British-owned companies
North Point, Hong Kong Island:
Li Jiacheng looked at the contents of the newspaper in his hand and frowned. At this time, Zhuang Yueming came over and asked: "What's wrong?"
Li Jiacheng handed the newspaper to He walked over and said: "A big thing happened in the stock market. Yang Wendong bought a stake in Hutchison International Group."
"Hutchison International?" Zhuang Yueming asked back: "Is it the company that acquired Dehuibao?" Hutchison between Xiangxing and Taihe Yangxing? ”
Li Jiacheng nodded: "Yes, that's the one."
Zhuang Yueming said in confusion: "Strange, isn't Hutchison International mainly engaged in foreign trade? Is Yang Wendong's investment in this company because he wants to expand? Changxing Trading Company?”
“It’s possible, so is the economic specialist in the market. This is the analysis. "Li Jiacheng said: "Hutchison International and Changxing Group are matched in terms of traders."
There are many trading companies in Hong Kong, but there are only two mainstream ones, one is import. One kind of export, Changxing Trading is obviously mainly exporting, while Hutchison International is the opposite, mainly importing.
Many domestic demands in Hong Kong, such as industrial products, factory equipment, industrial materials, etc., and even goods in many supermarkets, rely on import traders to purchase from overseas. Hutchison International is good at this. Their previous acquisitions of Dehui Baoxiang and Taihe Yangxing were also similar businesses.
Zhuang Yueming said: "It seems that Yang Wendong wants to further control Hong Kong's trade market. However, the import sector has long been controlled by British-owned foreign companies. It is difficult for him to intervene, so he can only choose to invest in one."
Li Jiacheng said: "But what I am more curious about is that Qi Dezun is also You are a smart person, how can you allow such a thing and introduce Yang Wendong, without fear that one day the entire company will be swallowed up by him? "
Everyone knows that the Hong Kong government will still protect British capital in some infrastructure monopoly industries? , so Chinese capital mainly operates in areas such as real estate and industry that British capital is not good at.
Only a few will have conflicts with British capital, such as banks. However, an abnormal run at the beginning of this year caused heavy losses to Chinese banks including Hang Seng Bank. Although the Hong Kong government has not introduced policies to deal with Chinese banks, everyone Everyone knows that leaving the run unchecked is a deliberate "evil" by the Hong Kong government.
But if you want the Hong Kong government to do this, it must be an important industry, and trade is not among them. If a Chinese capital really surpasses British capital in the trade field, or even intends to annex British trading companies, the Hong Kong government will also It was impossible to intervene. After all, the British Empire still needed to uphold the slogans of "fairness" and "equality between native and colonial territories" around the world.
Zhuang Yueming said: "Maybe there is some special agreement."
"It's possible." Li Jiacheng nodded and said: "This Yang Wendong's investment behavior is really strange. He invested heavily in Singapore and now in Hong Kong. There is also a lot of investment in Bian, and I heard that they are planning to take over the old naval dormitory site."
"This is diversification, but it is. Not just the industry, but also the country." Zhuang Yue said with a smile: "Whenever you have enough financial resources, you can also invest heavily overseas."
"Well, the current housing prices in Hong Kong should wait. Wait." Li Jiacheng added: "Maybe it's time to buy the bottom soon."
Jinzhong:
Huo Yingdong looked at the information in his hand with confusion on his face: "Why did Yang Wendong suddenly invest in Hutchison? Is it so unrelated?"
"Daddy, I guess it's for trade." Huo Yingdong Huo Zhengting, the second generation of the family, said: "Didn't you tell him about the mainland before? Many of his exports rely on Hong Kong, but his company does not involve the procurement of materials within Hong Kong, so he bought a stake in Hutchison. Can Hutchison purchase materials from the mainland in the future? "
"Well, if that's true, then? That's great." Huo Yingdong suddenly felt relieved. He asked the question in his mind, but then said: "But Yang Sheng only bought a stake in Hutchison, and Qi Dezun is also a person who is very obsessed with power. It is estimated that it will not be so easy for Yang Wendong to interfere with Hutchison."
Huo Zhengting Then he said: "Yes, I also listen to Qi Dezun." Having mentioned his character, I’m curious how someone like him would allow Yang Sheng to become a shareholder and become a director.”
“I don’t know.” Huo Yingdong smiled: “Yang Sheng is very capable. , perhaps through some other method.”
"Well, Yang Sheng is indeed admired by many people." Huo Zhengting nodded and said.
Although he is a second-generation rich man, he admires Yang Wendong who started from scratch.
Huo Yingdong smiled and said: "You don't have to think too much, study hard. After you finish college, I will find an opportunity for you to work in Changxing Group for a period of time. It will be good for you."
"Okay, Daddy." Huo Zhengting agreed.
The news of Evergreen Group’s investment in Hutchison International has naturally appeared in Hong Kong’s British-funded media newspapers; now Yang Wendong’s every move has also attracted the attention of many British and British-funded companies in Hong Kong, and Hutchison International, although not as large as Jardine and Swire, can still be regarded as one of the top 30 British companies in Hong Kong. The economic activities of these two companies have also surprised and puzzled many British people.
Prince's Building in Hong Kong is one of the core properties of Land Group in Central, and the headquarters of Jardine Matheson Group is here.
Luther Keswick said rather strangely: "Why did Yang Wendong suddenly invest in Hutchison International? Hong Kong's import trade is already saturated and controlled by British capital. Does he also want to come in and get a share? Soup?"
A white man next to him said: "Maybe he is just optimistic about this market, and then participated by betting on Hutchison."
"We can't be careless, Yang Wendong's strength is ours. "Clearly." Sirk said: "If he continues to develop like this, he may be able to challenge our position as the largest conglomerate in Hong Kong, Jardine He, in a few years."
"But there is nothing we can do to stop him. Changxing Group and our Yihe Group There are not many industries that conflict with it, only real estate and supermarkets." A person next to him said: "The rise of Hong Kong through manufacturing is a possibility that we have never thought of. By the time we discovered it, it was already too late. ”
Luther Keswick nodded and said: "That's all we can do now. Keep an eye on Changxing Trade. If they also want to participate in Hong Kong's internal material procurement, then we will be ready at any time."
Hong Kong's import trade , is also a big business. Although basic supplies such as water and some food are controlled by China Resources in the mainland, many other needs are imported from overseas; especially various high-value commodities in high-end shopping malls are controlled by British capital. It is controlled by several large foreign banks, and Jardine is one of them.
“Yes.” The white man next to him agreed.
Many business people in Hong Kong are also aware of this matter, but after all, they only bought shares in a slightly larger British-owned trading company, and it will not cause huge public opinion.
For ordinary people, this kind of thing is of little concern, but some investors are very happy, because since Changxing Group invested in Hutchison Group, Hutchison Group’s stock price has risen a lot, along with The stocks of some trading companies also took the opportunity to rise a bit.
However, it has little impact on the overall market. The real estate market continues to fall and the economy is in a sluggish state. Naturally, the overall stock market will not be very good.
On December 14, Yang Wendong came to the headquarters of Hutchison International Group. Qi Dezun also came out to greet him in person and introduced a group of Hutchison senior executives to Yang Wendong and others. Similarly, Yang Wendong also officially announced Fang Xianming will become Changxing Group’s board representative on Hutchison International.
Then the board of directors meeting was held, and Qi Dezun also gave a more detailed introduction to Hutchison International. Yang Wendong also had a better understanding of this. Before, his information was all public, but even after it was listed The company and the outside world are not normal and there are many details. Of course, what Qi Dezun has told you now may not be all. Everyone is smart and may be on guard against each other.
After the meeting, Qi Dezun took Yang Wendong to an office and said, "Yang Sheng, this is an office I specially reserved for you. Your people can also work here." "Okay. , Thank you very much." Yang Wendong looked at the office that was almost six to seven hundred feet in front of him and said with a smile.
"You're welcome, I should do it." Qi Dezun said again: "Yang Sheng, now that you are also the major shareholder of Hutchison International, should we discuss the next step?"
He was still very excited about the proposal Yang Wendong gave him. There were so many top British-owned foreign companies in Hong Kong. If he could become a director of one of them, his status would be completely different. If he could become a director of three to five companies, it would definitely be The most distinguished person in Hong Kong.
Although the price is to rely on Yang Wendong, he is Chinese and cannot become a director of British-owned Oceanic Bank in an aboveboard manner, so he can only rely on himself. In the case of mutual dependence, this is also the basis for cooperation. .
Yang Wendong asked: "Qi Dezun, there are only a dozen or twenty famous British-owned foreign firms in Hong Kong. Which ones do you think are suitable?"
Qi Dezun replied: "The first thing is We must exclude giant companies such as Jardine Matheson, Standard Chartered, Swire, Wheelock, Hong Kong Electric, and China Light and Power. Their scale is too large, and it will be difficult for us to succeed;
For those who are at the same level as me and Hutchison, we can indeed consider investing in shares first, and then looking for opportunities before mergers and acquisitions. In this way, the scale of Hutchison will be larger. As long as the development goes smoothly, the scale will be even larger in a few years. We Then you can look for opportunities to invest in those large companies. ”
He has already obtained Yang Wendong’s paper promise, which makes him very reassured. It is impossible for people like Yang Wendong to breach the contract, and this promise also has legal effect, and breach of contract will not happen. You can go to court to sue.
“That’s okay. Yang Wendong nodded and said: "Whether you only look at the economic benefits after buying a share or whether you want to annex it in the future, I agree. However, I hope you will consult with me before making a large investment." ”
“Okay, that’s no problem. "Qi Dezun said with a smile: "For such a large investment, we also need bank financing. This kind of thing must be approved by the board of directors, and according to our previous agreement, part of the investment Yang Sheng can also participate in the joint venture with Hutchison. "
"Okay, then which companies are you interested in? There must be a few, right? "Yang Wendong asked again.
It is Yang Wendong's plan to develop with peace of mind, and financial sponsorship is naturally a part of it. As long as Qi Dezun makes Hutchison's bubble big enough, after the avalanche, he will have no choice but to take over by himself, even in the next real estate crisis. , it seems like a loss, but this is also insolvency caused by the low value of real estate. Once the real estate crisis passes and land prices rise, bad debts will naturally turn into good debts.
Qi Dezun said: "Currently, I value Junyicang, Anderson and Bao Industrial Haiya Engineering Huangpu Group."
Listening to the dozens of companies that Qi Dezun mentioned in one breath, Yang Wendong also He couldn't help being frightened, and then said: "There are too many of these, and we don't have enough funds."
He was very satisfied when he heard that Huangpu Group he wanted, but there are actually many other companies. Very high quality.
Qi Dezun smiled and said: ‘I know, so I am also prepared to do it step by step. ’
"Okay, when you have a detailed plan, tell me through Fang Xianming." Yang Wendong didn't ask any more questions.
So many British-funded companies are actually very high-quality companies, many of which have a history of more than 50 years. Even if these companies were no good in the early years, as long as they survive until now, they must have a lot of money in their hands that were once worthless but are now But the property is worth every inch of land.
If Changxing Group wants to acquire one or two of these companies, it may not be difficult, but if it wants to acquire many, it will not be possible. Such acquisitions will inevitably attract the attention of the Hong Kong government and British capital, even though it may be inconvenient for them to intervene personally. , but it is still easy to pick out some problems, so for Changxing Group, it does not make much sense. It is better to wait for 67 years to acquire the land with peace of mind.
But if Hutchison International were to do this, no one would care. Historically, Hutchison International also expanded crazily like this. In a few years, it acquired one to two hundred different companies, and its business It was so many that he was finally exhausted, and now he had to push it even more. Qi Dezun had become fatter and fatter in the past few years. In the future, after he obtained Hutchison Whampoa, he could also swallow it all and get rid of some useless businesses.
Qi Dezun nodded and said: "Of course, Yang Sheng can wait for my good news."
"OK." Yang Wendong replied.
After returning from Hutchison International, Yang Wendong said: "Lao Fang, when you join the board of directors of Hutchison Group in the future, you must appropriately promote Hutchison's acquisitions or invest in companies such as Anderson and Junyicang."
"Yang Sheng also values Anderson and Junyicang?" Fang Xianming asked.
“These two companies themselves are also very good, and it is not a problem for Hutchison to join us in the acquisition.” Yang Wendong smiled and said: “Another purpose is that you can’t just care about Huangpu, otherwise it will be easy to find problems. . ”
Anderson and Kwan Yik Cang are both well-known British-owned real estate companies in Hong Kong. Although they are far inferior to Chinese-owned real estate companies in this area, they have a long history and once had large warehouse businesses. We have a lot of high-quality land in our hands.
Although these land prices have not fallen to the lowest price this year, from a historical perspective, even when the real estate crisis was at its worst in 1967, these two companies did not sell the properties in their hands, so there is no need to wait now and let Hutchison look for opportunities to acquire them. That's it.
Of course, the best time is 1967, but Hutchison has not raised this matter yet, and he cannot interfere too much. He can only let his people keep an eye on it in the future.
“Okay.” Fang Xianming added: “Companies such as Anderson, Junyicang and Huangpu are not much smaller than Hutchison. When Hutchison wants to take action, we can also participate in the joint venture. , as long as Hutchison takes the lead in name;
After success, we can also obtain a higher proportion of shares, and we can also hide it safely Behind the scenes."
"Well, this is also my plan." Yang Wendong nodded and said: "As long as Hutchison becomes a shareholder of Huangpu Group, I can also arrange for some people to study within Huangpu Group through Hutchison. , understanding the internal situation will be of great help to us if we successfully acquire Huangpu Group one day in the future.”
He would not do undercover espionage, which is illegal in itself, but if his own people go in to understand the conflicts among Huangpu personnel or understand key positions, then even if they have not learned the technology, as long as they know that in the Huangpu Group with thousands of employees, Which hundreds of people he needs to win over and which ones don't? In this way, it will be easier for him to win over the core people and control the company after taking over the company.
"Yes, this is indeed a good method." Fang Xianming nodded and said: "And these companies themselves are also very high quality. As long as the real estate crisis is over, we can also earn very generous stock returns."< br>
Yang Wendong smiled and said: "Yes, as for Hutchison International, which is now a shareholder, we don't have to think too much for the time being. We can just let Hutchison acquire high-quality British assets for us. Everything else will be normal, unless one day They are ready to take action against Huangpu."< br>
“Understood.” Fang Xianming added: “Just Yang Sheng, how can we ensure that Qi Dezun will listen to us in the future? After all, in order to successfully invest in Hutchison, we promised not to compete for Hutchison’s right to speak. ?”
"The boat will go straight when it reaches the bridge." Yang Wendong said: "I am not ready to fight for the moment. Let's wait and see later. Even if there is no chance, we only need to get Huangpu in the future. In other aspects, it will also be a very high-quality investment. .”
The cognition of time travelers is to be able to choose the strongest investment target. Historically, before the 1973 stock market crash, Hutchison's stock rose to HK$7 billion, second only to Jardine Matheson.
Now that you have your own help, the market value may be higher. Of course, your own stocks will also be diluted during the expansion process, so you can gradually increase your investment in the future.
As for whether Hutchison will collapse in this life, Yang Wendong is very sure. The core reason is that Qi Dezun is too arrogant. Even if Hutchison was about to go bankrupt in 1973, he still would not Give HSBC face.
Of course, Qi Dezun is not so arrogant now. It may be because Hutchison is not big in scale now. It may be that Hutchison's market value will be billions in the future, which makes him arrogant. capital.
“Okay, I understand.” Mr. Fang said with a smile: “With Yang Sheng’s vision and Qi Dezun’s ability, our cooperation will also allow us to obtain so many British talents in Hong Kong. The profits of the consortium are gone.”
"So many British-funded consortiums have been sucking blood in Hong Kong for so many years. They should have spit it out long ago." Yang Wendong said with a smile.
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(End of this chapter)