Reborn in Hong Kong: The Tycoon Grows Up

Chapter 90 The First Wharf Storm

Wharf Holdings Limited is a conglomerate listed on the Hong Kong Stock Exchange and one of the top ten real estate developers in Hong Kong. 188 was originally the name of Hong Kong's largest cargo port. It was then named Hong Kong Kowloon Terminal and Warehouse Co., Ltd. It mainly engaged in port transshipment business and owned cargo terminals such as Wharf Terminal.

Wharf is the largest wharf in Hong Kong. Its industries include most of the wharves and warehouses in Tsim Sha Tsui, Kowloon, the New Territories, and Hong Kong Island. It also owns high-quality industries such as hotels, buildings, and trams. There are rumors in the world that whoever owns Wharf will control most of Hong Kong's cargo handling, storage and transportation, and cross-harbour ferries.

At this time, there were no four major families in Hong Kong, only the four major foreign banks that made all the difference, and the owner of Wharf was the Jardine Matheson Group, the leader of the four major foreign banks. As the largest British-funded conglomerate in the Far East that had trade relations with China during the Qing Dynasty, there was a saying in Hong Kong: "Yehe's face is Swire's silver paper" - which shows the economic status of Jardine at that time. Therefore, the capital structure of Wharf is actually of pure British origin, and together with Hong Kong Land, it is known as the "Jihe Wings".

Now is the time when Li Chaoren is about to acquire Wharf, and it is also the time when the first battle for shares in Wharf has reached its peak, and Bao Zixuan is ready to cash out and leave.

In August last year, Bao Zixuan spent US$10 million to leverage HK$200 million in funds to buy Wharf stocks at the bottom.

At that time, Wharf's stock price was 13.03 yuan, and now it has risen to 43.5 times. Yuan Tianfan also lived up to Bao Zixuan's expectations and took a total of 13.8% of Wharf's shares. For this reason, Bao Zixuan will reward their team with a bonus of 3 million Hong Kong dollars, which has been agreed upon.

Bao Zixuan told Yuan Tianfan on the phone very early that he could sell once the stock price exceeds 45 Hong Kong dollars. This is the highest price at this stage. In fact, he has also thought about acquiring Wharf.

After the acquisition, just collecting rent every year is enough to ensure food and clothing for future generations, but there are too many interests involved. You can't do whatever you want just because you have money. There are too many interests involved. Just relying on your own foundation, you will soon be completely divided by these tycoons. After all, he has diverted too much energy from trying to hold off RB and European and American companies in the international market.

Even if there is no need to rely too much on local companies in Xiangjiang, when everyone joins forces, sometimes it will still force you to move forward. You build a factory and I won’t sell you sand, cement, steel bars and other construction materials. All engineering teams are not allowed to undertake any projects of Heiyun Group. This is all based on lessons learned from the past.

And in the end, the Governor's Office may come forward. Isn't this how Huo Daheng launched the real estate development in Xiangjiang?

The reason why Heiyun Group is building a factory so smoothly now is because the funds are in place and there is no conflict of interest with Hong Kong's local business giants. If you really forcibly acquire companies such as Wharf and Hutchison Whampoa, then not only British-funded companies will want to deal with you, but also Chinese companies You are also offended by the capital enterprises.

In the end, I still wanted to make a fortune and leave, and then look for other targets.

Bao Zixuan came to the investment department of HSBC Bank at this time. Yuan Tianfan was already waiting for him in the reception room. He had made an appointment in advance before coming.

Yuan Tianfan did not expect that he would be asked to buy 200 million Hong Kong dollars in stocks just after meeting him once. During this period, he was almost indifferent. He never met once and only called twice.

Once I told him that the acquisition had been completed according to the target, and the other time I told him that it had reached 45 Hong Kong dollars per share. However, the business vision of this hottest new business star in Hong Kong is really admirable.

In just over half a year, Wharf's stock price has soared 3.5 times. This is an income that everyone envies.

The secretary poured a cup of coffee for each of them and left. Now only Bao Zixuan and Yuan Tianfan are left in the reception room.

Yuan Tianfan: "Sheng Bao, it's so difficult to meet you. I can't sleep well every day with such a big sum of money in the stock market! You seem to be in trouble. It's really admirable!"

Bao Zixuan said with a smile: "I look at people first when doing business. As long as we cooperate, I have to trust the other party. I majored in science and engineering. Manager Yuan may not be able to keep up with me when it comes to building machinery, but when it comes to buying and selling stocks, I can still Can he be better than you, a talented student from the Department of Economics at the University of Chicago?"

Yuan Tianfan: "Sure enough, Bao Sheng is different from many bosses in Xiangjiang. I often meet people who teach me how to trade stocks!"

Bao Zixuan: "Why are you so afraid of such a layman leading an expert?"

Yuan Tianfan said with a smile: "Many Chinese people don't think so. Next, let me report to you the situation of Wharf's stock acquisition!"

After seeing Bao Zixuan nodding, Yuan Tianfan sorted out the information and said: "This time we started selling at the price of 45 Hong Kong dollars according to your request. All the sales were completed yesterday. The average transaction price was 45.3, and a total of 200 million Hong Kong dollars were used. The average opening price 13.25 Hong Kong dollars.”

"Currently, all stocks have been sold. In addition to the 152 million Hong Kong dollars allocated by HSBC, the total funds we have returned are 31 million Hong Kong dollars in handling fees, interest, bonuses and other expenses. You currently still have 510 million Hong Kong dollars in your account."

Bao Zixuan also didn't expect that in just half a year, stocks could actually make such huge profits. No wonder many people like to work in the financial industry. This industry is easy, requires less labor, and yields quick results.

But if you think about it carefully, you know the historical development. What if another person doesn't have such courage? What if the stock market falls again in a few months? If there happens to be a stock market crash, those who use capital allocation to stock stocks may lose all their money. Many people lost everything under such circumstances.

The stock market is risky, so be cautious when entering the market. This is not empty talk.

It suddenly occurred to me that Chengruo’s bonus to Yuan Tianfan’s team has not yet been cashed in! After all, it was a promise, and it was supposed to be paid after the stock acquisition was completed. But we haven't met each other yet, and since I made a lot of money this time, I can't be too stingy.

Bao Zixuan smiled and said: "Thank you for your hard work, Manager Yuan. I am very satisfied with your work. According to my promise at the time, you should receive a reward of 3 million Hong Kong dollars. That seems too stingy on my part."

After speaking, he wrote a check for HKD 5 million and handed it to Yuan Tianfan, "This is 5 million. The extra is considered extra, and you can treat your team members to tea."

Bao Zixuan could actually give him 3 million, but after thinking about it, he still had to be more generous. After all, there would be many places where Yuan Tianfan would be used in the future. And before long, after Wharf's first takeover battle ends, it will be Cheung Kong Holdings' turn to acquire Hutchison Whampoa, and both stocks will rise sharply by then.

Looking at the check in his hand, Yuan Tianfan couldn't calm down for a long time. Everyone said that Boss Heiyun was generous. I finally saw it today, and 2 million people were sent away without blinking an eye.

Yuan Tianfan smiled and said: "Then on behalf of the team members, I would like to thank Bao Sheng for the tea money. We will have tea money in this life."

Bao Zixuan did not study economics in his previous life. He only knew about a limited number of acquisitions that were recorded in history. Therefore, he did not intend to take out the money, but continued to invest it in the stock market. After all, after 80 years, many acquisitions in Xiangjiang were not so thrilling. .

Yuan Tianfan looked at the thoughtful Bao Zixuan and continued, "What are your plans for the money, Bao Sheng?"

He knew that Bao Zixuan's wealth in HSBC's account was increasing every moment, so he wanted to see if he could make a fortune.

Bao Zixuan: "I hope Manager Yuan can help me continue to buy 2 stocks."

Yuan Tianfan: "I don't know which two stocks Bao Sheng wants to sell. This time I need HSBC to allocate funds like this."

Bao Zixuan: "Just double the capital allocation this time. After all, HSBC's handling fees and interest are not very cheap. Acquisition of shares of Hutchison Whampoa and Cheung Kong Holdings. The acquisition deadline is the end of this year. I don’t have any requirements, after all you are a professional in this area, just spend the money.”

After explaining some things to Yuan Tianfan, He Mingcheng came to HSBC to review the contract. Bao Zixuan signed his name.

Even if you know you want to make money, you don't dare to invest too much. Hutchison Whampoa Industrial has a market value of less than one billion, and Bao Zixuan has around 1 billion including capital allocation. It is possible to acquire 15% of each company's shares. If the acquisition is too much, it will exceed the bottom line of the bankers and capital parties, so everyone will definitely unite to deal with it first.

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