Chapter 216 The Beginning of the Acquisition of China-Bus

Chapter 216 The Beginning of the Acquisition of China-Bus

Chapter 216 The Beginning of the Acquisition of China-Bus

Yang Wendong thought for a moment and said, "Then choose Hang Seng, Standard Chartered and HSBC. We can also cooperate with other Chinese banks as long as they offer low loan amounts or high credit limits."

In the early days, he gave priority to Liao Chongxing because Liao Baoshan was more radical, and even though the interest rate was higher, it could meet his early needs of being short of money.

Knowing that Liao Chong Hing Bank was bound to get into trouble, he naturally chose to make arrangements early, so that he could make a profit in the end, and the Liao family who were involved in the arrangement would suffer less losses.

But now that the matter is over, the banks are actually more casual. In the future, the scale of my assets will grow larger and the demand for funds will become higher and higher, so I will choose multiple banks instead of putting all my eggs in one basket.

Cooperating with banks is actually a kind of resource and a kind of interest binding.

"Okay, then I'll decide based on my own best interests." Zheng Zhijie nodded and agreed.

……

The bank run on Liu Chong Hing Bank gradually returned to normal. With the joint intervention of HSBC and Standard Chartered, all depositors felt relieved, and the bank runs on other small banks naturally stopped.

But the Liao family never recovered from the blow. Even though the depositors no longer ran on the bank, they realized that Liao Chong Hing Bank was no longer viable, so they gradually withdrew their money and deposited it in other banks.

The transaction of seven buildings on Hong Kong Island was also known to many people, especially the original Liu Chong Hing Bank Building on Des Voeux Road, which was directly renamed Cheung Hing Building, which attracted the attention of countless people.

In a building in Central, several young people are drinking coffee.

Suddenly, a young man reading a newspaper said, "Do you know that Yang Wendong bought several buildings in Hong Kong Island at one time, one of which is in Central."

"The Post-it Note King Yang Wendong? The building in Central?" a woman said in surprise, and several others also cast curious glances.

When talking about Hong Kong's wealth, the first thing that comes to anyone's mind is the buildings on Hong Kong Island, especially those in Central. This is where all the wealth is gathered. Many British companies control almost all the properties here.

The young man said, "Look for yourselves. The building of Liu Chong Hing Bank was acquired by him and has now been rebuilt. There are also some buildings in Causeway Bay and Happy Valley."

Another person said: "Doesn't that mean that Yang Wendong has gained another title of real estate tycoon?"

"Not really? A few buildings don't make you a king, right? There are many people in Hong Kong who own a few buildings." Another person said, "And Yang Wendong also has a shipping company. He can't become a shipping king, right?"

"Maybe he will be like that in the future." The woman next to him said, "Don't you see how young he is?"

"That's true." A man said jokingly, "Why? Juan, you want to hook me up with a rich man? I'm married, and you can only be my concubine."

"I'm willing to be your concubine." The woman said with her chest puffed out.

"Hahaha~" Several people laughed and said, "You are willing, but I am not."

"Get out of here~" the woman said unhappily.

Although she was just joking, she still felt unhappy when someone made a joke of her.

……

North Point, Hong Kong:

Li Jiacheng, wearing black-framed glasses, looked at the newspaper and said with emotion: "It's really amazing, seven buildings directly on Hong Kong Island, more than one million square feet."

His wife Zhuang Yueming said with a smile: "We also have a house worth more than one million square feet."

"How can we compare?" Li Jiacheng shook his head and said, "We are in North Point, which is an industrial land, while theirs is a commercial building, and is located in Central, Causeway Bay, Wan Chai, etc. The price difference is dozens of times."

Zhuang Yueming said: "I know, I mean, you shouldn't focus too much on Yang Wendong, just do your best. He's developing too fast, and comparing too much with him will only make you uncomfortable. Anyway, we are not short of money."

"Yeah, the more we compare, the more uncomfortable it gets." Li Jiacheng sighed and said, "We both started out in industry, and he started ten years later than me, but now he is much better than me."

Zhuang Yueming shook his head and said, "There are too many powerful people in this world, and it will never be enough to compete with them all."

"Yeah." Li Jiacheng nodded: "I just need to do my business well."

The acquisition of 7 buildings in Hong Kong Island became a business legend within Hong Kong Island. The fame of the Post-it Note King grew, with a clear trend of surpassing other "industrial kings".

The Galaxy Daily even spent an entire page of the newspaper to describe Yang Wendong's current career empire.

The core industries involved include: a large number of industrial and commercial land in Tsim Sha Tsui; the 7-person industrial park in Kwun Tong and a large number of street shops, old buildings, and undeveloped land; 8 buildings and ocean-going cargo ships on Hong Kong Island;
There are also several factories that are creating a lot of wealth in themselves. These factories have nearly 10,000 employees, all of whom are working to continuously produce goods for export. The export volume of goods under Changxing Industrial exceeds 10 million Hong Kong dollars a month, making it the largest industrial exporter in Hong Kong.

As soon as the newspaper came out, it was sold out immediately.

"This Yang Wendong is really amazing." A man eating a steamed bun next to a newsstand praised him, saying, "He started from a squatter hut in just a few years, and now he feels like he is going to become the richest Chinese in Hong Kong."

"It doesn't matter to the richest Chinese." The woman next to him said, "Look at what's written in the newspaper. They vowed to wipe out squatters in Hong Kong and make all Chinese move out. That's the greater good."

"That's right." The man nodded.

Hong Kong China Building:

Yang Wendong was also looking at the newspaper, and he couldn't hold it in any longer. "Eliminate the squatters? The Galaxy Daily doesn't even know how to change the wording. Besides, when did I ever say that?"

Zheng Zhijie next to him said with a smile: "It may be a false rumor, but it can be regarded as a positive rumor, which is also very good for your reputation."

"Yeah." Yang Wendong nodded and said, "I do have that idea. Slums should no longer exist."

"Mr. Yang is a righteous man." Zheng Zhijie flattered his horse.

Yang Wendong smiled, put down the newspaper, and asked, "Is there anything important during this period?"

Zheng Zhijie replied: "There is one thing. Yesterday, I received a call from Huang Yaonan. He said that he had won over a shareholder who was willing to stand on our side."

"Oh, Huang Yaonan finally found an ally. It's not easy." Yang Wendong said with some surprise.

During this period, he focused his main energy on the 10,000-person industrial park of Changxing Industrial and the bank run of Liao Chong Hing Bank. Other matters, which were not very urgent, were put on hold.

The China-Pakistan affairs were handed over to his ally Huang Yaonan.

Zheng Zhijie also said: “Yan Chengkun controls the entire China-Pakistan Company. These current shareholders can become shareholders because they have a good relationship with the Yan family;

It is naturally difficult to make them betray, and it took Huang Sheng a long time to make a breakthrough. "

"Well, we are not in a hurry anyway." Yang Wendong nodded and asked, "How many stocks does this person own?"

When China Pakistan was listed at the end of February, Yang Wendong acquired almost 2% of the shares through the stock market. Together with Huang Yaonan's original shares, the total shares exceeded 10%, giving him a veto power.

Just having this right does not allow one to take away the management rights of the company. It is at least 16% short of that.

The market value of China Motor Bus is actually not high, only 16 to million Hong Kong dollars, %. Even taking into account the increase in stock prices caused by the acquisition, the investment is at most to million yuan.

However, because Chinabus had just been listed, and due to its own early operations, there were not many floating shares in the market. If it wanted to seize the management rights of Chinabus, it must have the cooperation of other shareholders.

The existing shareholders all have a good relationship with the Yan family. If they contact them rashly and fail, and the news leaks out and Yan Chengkun finds out, it will be difficult to do anything afterwards.

Zheng Zhijie said: "6.1%."

"6.1? That's quite a lot." Yang Wendong asked again, "How many stocks do we have now?"

Zheng Zhijie replied, "12.8%. Mr. Huang has also acquired some shares during this period, and now he owns 26% of the shares." "So, we now have almost 45% of the shares?" Yang Wendong said happily.

Although it is still 50 percentage points away from 5%, even if Yan Chengkun knew about this small share, the worst that could happen is that he would learn from Bao Yugang 20 years later and directly buy it at a high price on the stock market.

It’s only 5% anyway, so it won’t cost much.

"Yes, if we get this person's stocks, we will basically win." Zheng Zhijie nodded and said.

Yang Wendong asked again: "How much did the other party offer?"

Zheng Zhijie shook his head and said, "There is no offer. Huang Yaonan said that the other party has his own requirements. Mr. Huang wants to meet with you tomorrow to discuss it."

"Huang Yaonan told this person my identity?" Yang Wendong asked with a frown.

Until the final showdown, he didn't want outsiders to know that he was plotting against China and Pakistan, and there was no need to let outsiders know.

Zheng Zhijie shook his head and said, "No, Mr. Huang did not tell that person about your situation. He only told him that there was a top Hong Kong tycoon behind him."

"Haha, you really know how to pull tiger skins." Yang Wendong smiled and asked, "Do you know what the conditions are?"

Zheng Zhijie said: "I don't know. Mr. Huang said he wanted to talk to him in person."

"Okay." Yang Wendong nodded and said, "If this acquisition is successful, I will also need to discuss with Mr. Huang how to completely acquire China Bus next."

"Okay, I'll arrange it right away." Zheng Zhijie said with a smile, "Congratulations in advance to Mr. Yang on becoming the new owner of China Bus."

"Yeah," Yang Wendong smiled.

Although the scale of assets acquired from Liu Chong Hing Bank is no less than that of China Bus, no matter how large the scale is, it is only an acquisition of properties.

If this is successful, it will indeed be his first large-scale acquisition after his successful entrepreneurship.

……

That afternoon, Huang Yaonan and Yang Wendong met at the Peninsula Hotel.

This is a good place to keep secrets. It is better not to let outsiders know about the plot against China and Pakistan, at least not now.

After meeting Yang Wendong, Huang Yaonan said, "Mr. Yang, congratulations on your acquisition of a lot of Hong Kong Island properties."

"Thank you." Yang Wendong smiled.

Without further small talk, he asked directly, "Mr. Huang, what's the matter with the person you mentioned earlier?"

Huang Yaonan replied, "Mr. Yang, this man is called Liu Yulin. His father had a very good relationship with the previous generation of the Yan family. His main business was the taxi business, so he acquired shares of China Bus very early on.

Liu Yulin is quite greedy for money and likes real estate. He also plays with a large leverage. However, due to the recent decline in Hong Kong real estate prices, he lost a lot of money, so he announced that he wanted to sell his stocks.

I contacted him after I knew about this matter.”

"If you want money, that's definitely not a problem." Yang Wendong nodded. For stocks like these at the last minute, it would be okay to increase the price appropriately.

Huang Yaonan shook his head and said, "If it were just this, it would be much simpler. He has another request.

Because this CMB stock was passed down from his father who is still alive but already old, and is considered family wealth. Although it is currently in his name, he is also afraid that his old man will find out. "

"He doesn't want to sell? Then he can just take out a loan, right? Or does he want to borrow money from you?" Yang Wendong also understood. This might be a normal way for a rich kid to cheat his father.

Huang Yaonan nodded and said, "Mr. Yang is right. Liu Yulin doesn't dare to go to the bank for a loan because it is likely to be known by other shareholders and he won't be able to keep it secret.

After communicating with me, he said that he would sell the stocks to us now, but we needed to sign an agreement. When he has money, we need to sell the stocks to him at the original price. The agreement needs to be signed in a paper document.

"An interesting idea." Yang Wendong thought for a moment and said, "That's fine, but there is a requirement. It can only be redeemed after one year. When we compete with the Yan family for management rights in the future, 6% of the shares are very important. It may determine life or death."

"Yeah." Huang Yaonan nodded and said, "He actually knows our purpose, but no one mentioned it."

Yang Wendong added: "However, as long as we succeed, I will find a way to take over the Yan family's equity. If the Yan family disagrees, we can also increase shares to dilute the Yan family's shares;

In this way, when I have enough shares, I can naturally sell the previous shares to him, but I need to add some interest, I don't want to be taken advantage of."

"In that case, I think there shouldn't be any problem with Liu Yulin." Huang Yaonan was delighted when he saw that Yang Wendong agreed to his request.

Once this deal is completed, their alliance will be able to obtain 45% of the shares, far exceeding the Yan family. Coupled with Yang Wendong's financial resources, the change of ownership of China-Pakistan is about to be a foregone conclusion.

And he can fulfill his father's lifelong wish and take control of the entire China Bus.

Although it is not an absolute controlling stake, it is much better than being just a major shareholder with the right to check the financials.

"Well, let's trade right away. It's fine as long as the price is about right." Yang Wendong didn't care about such a small increase in the share price at this moment. These were the most critical shares.

"Okay, I'll go back now." Huang Yaonan stood up quickly. He was much more anxious than Yang Wendong.

Yang Wendong smiled and said, "Mr. Huang, I will not return this room. I think if you succeed tomorrow, we can meet here again?"

"Okay." Huang Yaonan agreed with a smile.

The next day, the two met again.

Huang Yaonan said: "Mr. Yang, Liu Yulin's offer is 180 million Hong Kong dollars, which is 15% higher than the current share price."

"Okay, I'll pay for it." Yang Wendong nodded.

Before, at the end of February, when China Motors was listed, its total market value fluctuated around HK$2 million;
In the following months, many Hong Kong specialized companies and British companies went public one after another, especially Jardine Matheson, which pushed the Hong Kong stock market to a climax.

Although in the short term, large companies like Jardine Matheson still affected the trading volumes of other companies, its huge popularity and sharp increase in stock prices have brought huge wealth to many people, which naturally attracted more "stock market newbies".

A large amount of funds entered the market, causing stock prices to surge, even greater than the increase in real estate. Therefore, companies in the entire Hong Kong stock market basically benefited.

China Motor Bus's shares have also risen by about 20% in the past few months, with a total market value fluctuating around HK$2500 million. The normal price of 6% of the shares should be around HK$150 million, and it is normal for the price to be higher now that it is a secret acquisition.

Huang Yaonan said, "Well, Mr. Yang, you should not come forward. I will come forward and use my stocks as a guarantee to ensure that he can buy back the stocks at the same price in the future."

"Hmm." Yang Wen asked, "In this case, we have 45%. Mr. Huang, what do you think we should do next?
Should we wait a little longer, or launch a general offensive and buy the remaining 5% directly at a high price on the stock market? "

Huang Yaonan had also been prepared and replied: “Mr. Yang, in the past few months, I have almost checked all other shareholders, and I have also hinted at those who only hold a few tenths of a percentage point;

But they all seemed unwilling to sell their stocks, and I couldn’t offer too high a price, as that would easily leak the news;
Therefore, if we want to secretly acquire it, we have to wait until Liu Yulin is in urgent need of money, and then we have to rely on luck. "

"Yeah, I think so too. There are not many shares in circulation on the stock market. We will be discovered even if we slowly acquire them." Yang Wendong nodded and said, "It would be better to just buy them at a high price on the stock market.

As long as you don’t care about being discovered and push up the stock price by a dozen or twenty points, just like Liu Yulin’s price, it’s not just ordinary shareholders, it’s estimated that the few shareholders you found before will sell their shares.”

……

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(End of this chapter)