Chapter 3 Shocked the Whole of Xiangjiang
That afternoon, Zhang Qizheng made an appointment with a reporter from Oriental Daily to reveal the news that Tianyuan Investment Management Company intended to control Wharf.
The "Oriental Daily" reporter also formally interviewed Zhang Qizheng, the general manager of Tianyuan Company.
The Oriental Daily reporter was also very curious and excited about the sudden appearance of Tianyuan Investment Management Company. You know, this company was unknown before, but now such a big news is suddenly breaking out. How come Can make him less excited!
British-funded companies have always dominated the business community in Hong Kong. Although Chinese-funded companies have made great progress in recent years, they are still not on par with British-funded companies.
Therefore, suddenly a Chinese-funded company that I have never heard of wants to acquire a British-funded company. This British-funded company is not a small business, but it is also a well-known large company in Hong Kong, Wharf, which makes people react immediately. I just don’t believe it, and my second reaction is that if the news is accurate, this is definitely explosive news!
Before this, there has never been a case in Hong Kong of a British-funded company being acquired by a Chinese-funded company. One can imagine how sensational this would be if it were true.
Only when Zhang Qizheng produced evidence of the company’s 23% shareholding in Wharf did the Oriental Daily reporter believe it was true.
When the reporter excitedly took the news interview transcript back to the editorial office of Oriental Daily, the entire editorial office was in a sensation.
Exclusive breaking news!
Who knows Wharf in Hong Kong?
The industries owned by Wharf, including wharves, warehouses, hotels, buildings, trams and the Star Ferry, are rich in assets. It can be said that whoever owns Wharf controls the most important things in Hong Kong. Cargo handling and warehousing business!
“When I work overtime today, I must write an article that is eye-catching enough, focusing on national sentiments. Also, this news must not be revealed, otherwise, if I find out, I believe there will be consequences. You should know! Also inform the printing department that tomorrow morning's newspaper will be printed overtime tonight, and the number of copies will be increased from the usual 300,000 to 500,000!" Lin Bingliang, editor-in-chief of Oriental Daily, said solemnly.
“Editor Lin, is 500,000 copies too much? It’s a bit risky to be so radical!” an editor asked.
“Don’t be afraid, I will take responsibility if anything happens!” Lin Bingliang replied confidently, he was unwilling to let go of such a good opportunity.
Competition in the newspaper industry in Xiangjiang is fierce. In the small city of Xiangjiang, there are nearly 70 newspaper media alone. Therefore, how to increase the sales of their own newspapers is the first task of every newspaper editor-in-chief.
It has only been 9 years since "Oriental Daily" was founded, and its sales have gone from poor sales at the beginning to number one now. It can be seen that they are very proficient in how to capture the readers' psychology and make Xiangjiang Citizens willingly bought a copy of their newspaper.
The next morning, at a newsstand on Mody Road in Tsim Sha Tsui, the stall owner, Uncle Ge, opened his stall as usual to welcome the arrival of a new day.
“Boss, bring me a copy of Oriental Daily.” Before the newsstand was completely set up, citizens came to buy newspapers.
"Okay, just wait a moment, I'll give it to you right now." Uncle Ge replied with a smile.
After saying that, he took out a copy of "Oriental Daily" from a stack of newspapers and handed it to the customer.
"Exclusive news: Ants swallow elephants? Chinese-funded companies are going to acquire British giants, and Wharf is about to change owners!"
The big headline on the front page of the news deeply impressed this customer. Deeply attracted.
“I’m going to kill you! This Tianyuan company is so awesome, the Chinese are about to rise!” When the customer finished reading, he was so excited that he could not speak coherently.
For a long time in Xiangjiang, foreigners have always looked superior to others and never bowed their heads.
The same is true in the business world. British-funded companies are always superior.
But what does he see now? A Chinese-funded enterprise that I have never heard of is about to acquire the Wharf Group? Already control 23% of the shares?
The swear words attracted other customers who were about to buy newspapers.
“Is there any big news today?” a citizen asked curiously.
"You will find out if you buy a copy of Oriental Daily." The customer smiled mysteriously. Soon, as the newspaper was selling well throughout Hong Kong, the news that Tianyuan Investment Management Company intended to acquire Wharf spread throughout Hong Kong.
"Editor-in-chief, many newsstands have increased their orders, and today's issue of our newspaper is sold out!" A staff member came in excitedly from the office of the editor-in-chief of Oriental Daily.
“Didn’t we prepare 500,000 copies in advance? We just need to ship them to them as soon as possible.” Editor-in-chief Lin Bingliang said calmly.
He had predicted this scene.
"No, editor-in-chief, we have already distributed all 500,000 copies, and there are still many stall owners placing additional orders!" the clerk said quickly.
"What a pity, it's still too conservative!" Chief Editor Lin felt a little melancholy.
This is a good opportunity to set a new daily sales record for Hong Kong newspapers. Although 500,000 copies has also set a new record, this record can easily be surpassed.
If we are bold, the sales volume reaches 600,000 copies. Chief Editor Lin believes that this record will not be surpassed for many years to come.
Unfortunately, there is no regret medicine in the world. Even if I work overtime and print now, it will be too late because there are too many processes.
This news naturally also reached people including Li Ka-shing, the chartering king, Huifeng Bank chief executive Shen Bi, Jardine Chairman Tie Bijian and others. They were shocked by the news.
In particular, Yihe's reaction was even more intense.
Has your home been robbed?
“Check it out for me right away to find out the details of this Tianyuan Investment Management Company. Also, get in touch with the person in charge of this company immediately and find a way to buy their equity!” Jardine Headquarters Building , Jardine Matheson Chairman Niu Bijian lost his temper at a company meeting.
“Who is this, actually thinking of going together with me?” In a luxurious villa in Deep Water Bay, Li Ka-shing looked at the newspaper and became a little uneasy.
In this world, due to the emergence of Sioux City and five years of secret planning, whether it is Wharf or Hutchison Whampoa, there are far fewer stocks circulating on the market, so even though Li Ka-shing knew that he would definitely make money by buying Wharf stocks, but he only bought about 10% of the stocks in so many days.
According to the original history, Li Ka-shing had quietly absorbed Wharf stocks from various channels at this time, purchasing more than 10 million Wharf stocks in total, accounting for 18% of the issued Wharf stocks.
Unfortunately, history has begun to change because of the emergence of Suzhou City.
In this parallel world, in order not to offend Huifeng Bank and the chartering king, after Li Ka-shing discovered that he could not truly control Wharf, he planned to absorb more of Wharf's stock than Jardine Matheson's control, and then Sell all the equity in your hand to the chartered ship king. Not only can you make a lot of money, but it will also make Huifeng Bank and the chartered ship king owe you a favor. Why not do it?
He felt a little caught off guard by the news that suddenly appeared. How can Huifeng Bank and Charter King owe me a favor?
You know, in order to buy these stocks, he spent all the working capital of Yangtze River Industry.
On this day, Tianyuan Investment Management Company founded by Su Cheng shocked the whole of Hong Kong because of an article.
As a result, Wharf's share price skyrocketed, and investors rushed into the stock market crazily, hoping to get a piece of the pie.
This also caused Wharf's stock to become artificially high. Such a stock price also made it impossible for Li Ka-shing to continue to increase Wharf's stock.
(End of this chapter)