Chapter 489: Opportunities to Unify the Hong Kong Sales Market
Chapter 489 Opportunities to Unify the Hong Kong Retail Market
Qi Dezun shook his head and said, "Not yet. Although I have decided to take action against Huangpu Group, even with Mr. Yang's investment, those targets have to be achieved one by one. So my current targets are Junyi Warehouse and Anderson Industries, and Huangpu has not yet been involved.
But now that Mr. Yang has taken action against the Huangpu Group, I will not get involved."
"Wrong, I need you to participate." Yang Wendong said with a faint smile: "I think you should also know why?"
Qi Dezun immediately understood: "Is it the Hong Kong government and other British investors who don't allow you to invest?"
Yang Wendong said: "Yes, but there is no falling out. Everyone is trying to avoid unnecessary conflicts. It is not suitable for me to continue to purchase Huangpu's shares for the time being, but you can."
Although the law does not distinguish between British and Chinese capital, it is clear that the British Hong Kong government still makes a distinction. Although it is unfair, it is normal. They must protect the interests of their own nation. If the international influence of Britain had not declined, there would not be so many Chinese business tycoons in Hong Kong today.
Qi Dezun smiled and said, "Mr. Yang wants me to acquire the Huangpu Group?"
Yang Wendong nodded and said, "Yes, you are British capital, so even launching a hostile takeover is not a problem."
As long as there are rules, there are ways to get around them.
Qi Dezun reminded him, "Mr. Yang, they know that you are a major shareholder of Hutchison. If I make another move, will they know that you are behind it?"
"Yes, but on the surface, Hutchison is still British capital, right? I don't own more than 50% of your shares." Yang Wendong said, "As long as you are British capital, it is difficult for the Hong Kong British to interfere. The same is true for other British capital. Otherwise, it will cause internal strife among other British capitals."
There is no group in this world that is eternal. Even the British capital in Hong Kong will not fully cooperate. Especially when traditional British giants monopolize a large amount of resources and new British capital has no way to develop, contradictions are bound to arise. This is a normal reaction of the capital market. Any capital will eventually find a way to devour resources to strengthen itself.
"That's right." Qi Dezun nodded and asked, "It's no problem for me to acquire Hutchison, but how do I start? It would be very difficult to acquire their shares again, especially since your previous investment has caused their stock price to rise a lot."
Yang Wendong said: "I will suppress the stock market appropriately. The world is now at a critical juncture of container terminalization. Some ports in Europe and the United States have not been reformed due to traditional forces and are now in decline.
Next, I will have my news outlets focus on reporting this type of thing. As long as enough Hong Kong stockholders know about this, the shares of Huangpu Wharf will inevitably plummet, and you will have a chance to acquire it. It is best to contact the other party's shareholders directly, which is more convenient.
In addition, I will also release the news at the right time that I am ready to sell the shares of Huangpu Group in my hands, and it doesn’t matter if I don’t serve as a director. "
"Haha, Mr. Yang has a really good plan." Qi Dezun said with a smile.
Yang Wendong said: "It's nothing. This is just fake news. I won't sell my shares. According to the proportion, you need to acquire nearly 30%. Only if we work together can we successfully control Huangpu Group. This goal is still very high."
"I know." Qi Dezun said, "So how long it will take to complete depends on how much Yang Sheng can suppress Huangpu's stock price."
"Well, let's see how things progress later." Yang Wendong nodded and said, "Do you have enough funds?"
Qi Dezun's expression immediately turned cautious, then he recovered and asked, "Mr. Yang, do you still want to invest in Hutchison?"
Although Yang Wendong made a written promise, he still felt uneasy because he had too many shares.
"It would be better if you want to accept my investment, but it's no problem if you don't want to." Yang Wendong said with a smile: "Or I can lend you some money, but you need to sign an agreement first. If you successfully acquire Huangpu Group, I will need to transfer some of the large number of port talents within Huangpu Group to my future container terminal, and I will also arrange for some people to go in to learn."
Although his main purpose of acquiring the Whampoa Group was for the more than 200 million square feet of land under the current wharf, it would be best if he could take over its port business and turn it into his own. Compared to a real estate, he attaches more importance to the port and wharf. No matter how much quick money he makes, it is just a number. Industrial business is more important.
"That's no problem." Qi Dezun paused and asked, "Mr. Yang, since you are optimistic about the container terminal, then you acquired Huangpu Group for the land under the future terminal, right?"
"Yes, it seems that we have the same opinion as heroes." Yang Wendong nodded and said.
There are many smart people in this world. Qi Dezun is one of the few British people who is optimistic about the future of Hong Kong. He is also more optimistic about Hong Kong real estate. The acquisition targets he chooses are all listed companies with a large amount of high-quality land. He must be optimistic about the land in Huangpu, just like Yang Wendong.
Qi Dezun added: "It's just that this piece of land is industrial in nature. Even if the dock is closed one day, it will be difficult to convert it into commercial use."
"Let's get it first. We can consider the next step after this one is completed." Yang Wendong said.
"That's right." Qi Dezun nodded.
Huangpu Group Headquarters:
"Mr. Shen Bi," Edward asked again, "Are you sure Yang Wendong won't buy more Huangpu shares?"
Shen Bi nodded and said, "Yes, he won't do that. Although there is no written promise, his verbal description is trustworthy. At least in the next few years, he won't do it."
"That's great, thank you Mr. Shen Bi." Edward said happily.
Huangpu Group is also a considerable enterprise in Hong Kong, but it is not as good as Changxing Group, especially in recent years, Huangpu's business has been developing worse and worse.
Shen Bize said, "If you want to thank someone, go thank the Governor and Mr. Sanders. Yang Wendong stopped because of their face."
If this matter did not involve Chinese capital infringing upon the fundamental rights of British capital, they would not have intervened;
Edward said, "I understand. I will definitely visit Mr. Sanders in person to thank him someday."
"However, Yang Wendong will still become a director of Huangpu Group. We can't force him too much on this point." Shen Bi added: "I don't know how Yang Wendong will handle this matter in the future, so it still depends on you. We are just cooperating and assisting you."
Edward nodded and said, "Okay, if we can really reach a cooperation with Changxing Group, it may not be a bad thing for Huangpu Group." Although they are opposed to Changxing Group investing in their company, they are still very happy if it is a cooperation. Changxing Group has a large number of ships and can decide which port to stop at. It also has a large amount of goods for export and can also decide the port.
"Okay, you guys can contact each other later." Shen Bi also said.
Faced with the most powerful Chinese capital today, the British Hong Kong government and HSBC dare not be too tough and can only stop when necessary, especially at this time of year.
The Hong Kong Stock Exchange is the only stock exchange in Hong Kong today, and many investors buy stocks through it.
"Why did the shares of Huangpu Group fall?"
In the morning, many stock investors just arrived and wanted to see the stocks that might rise, but they found that the stocks were actually falling.
"You don't know yet, Yang Wendong has given up on acquiring Huangpu Group. Instead, he will cooperate with Huangpu Group and become their director."
"What?" Many people were shocked: "He just gave up like that?"
"He didn't launch a takeover offer, did he? He originally just wanted to become a director, but rumors were circulating that he wanted to acquire Huangpu!"
"It seems so. There is indeed no official news."
"Then sell it quickly~"
Amid the discussion among the crowd, the stock price of Huangpu Group continued to fall, and finally fell to the level when Yang Wendong had announced the acquisition.
Elsewhere, after listening to his subordinates' report, Qi Dezun immediately said, "Starting today, slowly buy up the shares of Huangpu Group. As long as the price is below 3 yuan, we will buy it. If it exceeds, we will suspend it."
"Yes." said one of the men.
Qi Dezun added: "Also, prepare an appointment for me to meet with some shareholders of the Huangpu Group and tell them that I want to have a chat with them."
Hong Kong, Jardine Matheson Group Headquarters:
William Keswick looked at the newspaper in his hand and said, "It seems that Yang Wendong has given up on Huangpu Group. Changxing Group has publicly stated that it will not purchase more Huangpu shares."
"It seems that this is just a test." John Keswick said, "But he was also successful. The Golden Gate Group was acquired by him. Before that, Jardine Matheson had always wanted to acquire it, but unfortunately Yang Wendong got there first.
Moreover, he successfully became a director of the Whampoa Group. It seems that the Hong Kong government will not object to him or other Chinese becoming directors of British companies in the future. "
"Oppose? What can you object to? The Hong Kong government is thinking about withdrawing from Hong Kong." William suddenly released a big news.
"What? Really?" John was shocked and asked, "Then what should we do?"
William said: "I plan to sell some businesses so that I can cash out some funds as soon as possible."
"Central Building?" John asked tentatively.
William frowned and finally said, “I will consider this, but I need to find a potential buyer before we talk about it. Even if the price of Central Building is low now, it is not something that ordinary people can take over.
In addition to properties, various businesses also need to be sold, including the Yifeng supermarket and construction company you own.”
"Okay." John nodded and said, "Now that the matter at Huangpu is over, I am also going to meet with Carrefour. We can just negotiate a suitable price."
"As soon as possible." William said worriedly, "I'm also afraid that what happened in the mainland will happen again, and then our Jardine Matheson Group will be finished."
On November 11, Yang Wendong had just arrived at the office when Liu Huayu rushed over and said happily, "Mr. Yang, John Keswick of Jardine Matheson contacted me. They want to sell their Yifeng Supermarket."
"Oh, that's good news." Yang Wendong smiled and said, "When will we meet?"
Liu Huayu said: "The appointment is tomorrow, in the presidential suite of the Four Seasons Hotel."
"Okay, I'll go there too. I can make the decision right there." Yang Wendong said.
Given the size of the Jardine Matheson Group, it would be impossible for it to give up such a potential high-quality industry under normal circumstances. This special situation only occurs this year, so he also needs to seize the opportunity.
Once the biggest competitor is acquired and integrated, it will truly dominate the Hong Kong retail market. Even if other capital is optimistic, it will not be able to enter the market in the future.
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(End of this chapter)