Chapter 621: Arrogant Qi Dezun

Chapter 621: Arrogant Qi Dezun

Chapter 621: Arrogant Qi Dezun
"Invitation to acquire? Mr. Yang, are you planning to do it soon?" Fang Xianming asked in surprise;
He has been waiting for this day for a long time. Even many Chinese investors and Chinese in Hong Kong are waiting. Many people speculate that Yang Wendong will take action against British capital sooner or later, but they don't know when or where to start.

In the early days, it could only compete with British capital in some industries and projects that did not yet have owners, such as tunnels, ports, etc.;
But no one knows whether it will acquire the British company.

Yang Wendong nodded and said, "Yes, now that the mainland and the United States are on good terms, the British dare not do anything. This is a good opportunity for me to take action. Besides, I have a good relationship with the British government, so I am not afraid of Jardine Matheson."

If ZZ was not taken into consideration, he could have taken action against British capital long ago, even if it was not Jardine Matheson, it could have been other British capital;
But he couldn't wait until the mainland was reformed and opened up as in the past, because that would be too long.
The mainland is on good terms with Western countries, including the United Kingdom. At this time, the United Kingdom will not interfere with a small business acquisition in Hong Kong.

Fang Xianming thought for a moment and said, "The UK may not do anything, but the Hong Kong government or HSBC may intervene, just like when we tried to acquire the Whampoa Group before."

Yang Wendong said, "Yes, but there is no need to worry about HSBC. I am not afraid of them even if they really fall out. As for the Hong Kong government, Trench is about to leave Hong Kong, and he has a good relationship with me. He may not be determined to help Jardine Matheson.

Even if the new Governor comes, it is hard to say how he will deal with it. Besides, this is just a fight for part of Jardine Matheson, not the entire company. There is still a difference. Let's just treat it as another test."

"Okay, Mr. Yang, I understand. I will start buying Wharf shares in batches now." Fang Xianming agreed and said, "But even if we are buying a large number of shares, we can't be too hasty. It will probably take several months to get enough funds."

Even if you are ready to go public, you can't place a huge number of acquisition orders on the first day. That doesn't mean you are rich, that means you are stupid.

"Okay, a few months won't make a difference." Yang Wendong nodded.

In 1978, Li Jiacheng started to acquire Wharf Holdings shares, which took two or three months. The large-scale acquisition attracted the attention of the stock market, causing Wharf Holdings' share price to soar, which then led to the intervention of HSBC.

It should be similar on my side, but I’ll see what the situation will be like in the future when that time comes.

In September, the heat about things happening in the north gradually cooled down in the Hong Kong market. Many external events would occasionally attract attention for a few days, but everyone basically knew the general situation.

Everyone continued their lives as usual, but the influx of a large amount of overseas funds into Hong Kong also ushered in a new boom in the stock market and the local market;

Cheung Kong Holdings, Sun Hung Kai Properties and Wo Hup Holdings went public one after another this month. The market value of each of them exceeded HK$2.2 million, with Cheung Kong Holdings, the highest of which had a market value of HK$ million at its peak.

Some other real estate companies have also gone public, and even some industrial groups have taken the opportunity to go public for financing. However, judging from the market's popularity of different companies, everyone obviously prefers the real estate industry. The market value of several listed industrial groups is at most tens of millions, even for the few that are associated with Changxing Group.

"It takes more than ten years to build a factory, but it is not as good as a real estate company that has been operating for a few years." Yang Wendong said after looking at the information of listed companies in the past month.

Fang Xianming smiled and said, “Yes, the stock market is actually looking at the future. Hong Kong stock investors generally don’t know much about factories, unless they are top companies like Changxing Group;
But in terms of real estate, everyone knows that 400 million people in Hong Kong need to buy houses. Many old houses are already very old and need to be replaced. Buying a house usually requires all the family’s assets, or even loans for the next few decades. In this case, they naturally pursue some powerful real estate companies.”

"Yes, no matter how well the factory performs, a lot of wealth will eventually remain in the real estate market." Yang Wendong nodded and said.

Hong Kong today, Taiwan, Japan, the mainland, and so on in the future have all walked this path completely. A large amount of wealth earned from industry and the service industry has all turned into concrete.
Fang Xianming said: "The speed of making money in finance and real estate is indeed much faster. A well-developed community can earn at least one million or even several million. As long as you are brave enough, the initial capital of only a few hundred thousand is enough. It is really suitable for making money out of nothing. The same is true in finance. As long as you are brave, you can make a lot of money."

"It's over. The Hong Kong financial market is so profitable, we can't miss it." Yang Wendong smiled and said, "You should still have a lot of funds on your side. In addition to the targets of Wharf Holdings and Dairy Farm, you can invest the rest of the funds in various Chinese real estate companies."

"Okay, Mr. Yang, don't worry, I know what to do." Fang Xianming agreed.

At Changxing Financial Company, most of the funds are managed by Yang Wendong, but a small part is managed by Fang Xianming. This is also his achievement. After all, he listens to the boss's requirements. Whether he makes money or loses money has nothing to do with him. Only the money he earns by himself is a reflection of his ability.

Just then, there was a knock on the door. The assistant came in after getting the boss's authorization and said, "Mr. Yang, Qi Dezun from Hehuang wants to meet you for tea. You decide the time and place."

"Qi Dezun? He's looking for me?" Yang Wendong thought for a while and replied, "Okay, tell him I'm free tomorrow at noon, the location is at the Four Seasons Hotel."

"Okay." The assistant agreed and left. Fang Xianming said, "Mr. Yang, Hutchison's market value has now exceeded 20 billion. Qi Dezun is now very powerful in the Hong Kong business community. It is said that sometimes he even refuses to give face to HSBC."

"That's normal. His current fame is top-notch among British companies, so he's naturally a little arrogant." Yang Wendong said with a smile.

Qi Dezun is the most successful Hong Kong entrepreneur in the 60s and 70s, without a doubt. The factors for his success are: one, his ability is very strong, no less than that of Li Jiacheng, Li Shau-kee and others; the second is that he is British, which means he has no obstacles in doing many things, which makes him even more powerful.

In this life, with the investment of Yang Wendong and the full support of Hang Seng Bank, Standard Chartered Bank, Citibank and other banks, it is hard not to take off in the current stage when the real estate and stock markets continue to rise. The growth rate is stronger than any British or Chinese capital. It can be said that it has gathered the combined advantages of British and Chinese capital.

It’s a pity that the risks in the real estate market were not taken into consideration, and it eventually collapsed during the next crisis.

Fang Xianming said: "Looking at Qi Dezun's recent actions, it seems that he wants to expand his shares for financing. It seems that he is thinking about diluting the shares of existing shareholders."

"You mean he wants to get rid of my capital?" Yang Wendong asked back.

"That's possible." Fang Xianming paused and said, "Put yourself in his shoes. If I were him, I might do the same."

Yang Wendong nodded and said, "That's right, normal people don't like this, let's see what he wants to do tomorrow."

In fact, capable people like to control everything, which is normal behavior. The core purpose of corporate infighting in human history is to gain control, and even ancient emperors were the same.

The next day, Yang Wendong met Qi Dezun in the presidential suite of the Four Seasons Hotel.

"Mr. Yang, long time no see. You have been very low-key in recent times." Qi Dezun said with a smile and shook hands.

Yang Wendong also shook hands, and then said: "It can't be said to be low-key. Recently, my main business is in the United States. In Hong Kong, only the real estate company is expanding the market."

As the group expands in size, it will naturally have to move out of the fish pond of Hong Kong. Only by entering the vast ocean of the global market can it become a future giant enterprise, a true multinational giant.

Therefore, although Changxing Real Estate now has a lot of wealth in Hong Kong, its potential is not as good as that of several other industries. The core reason is that the overseas market is much larger than the real estate market in Hong Kong;
Of course, this is also because he, as a time traveler, was able to accurately choose the direction. Otherwise, there would be few industries in the world that could surpass Hong Kong real estate, and there are only a few Internet companies.

"Haha, Mr. Yang is really amazing. Our group is still trying to make a living in Hong Kong, but Mr. Yang's goal is already the United States." Qi Dezun laughed.

"Several giant companies in Hong Kong have investments overseas. When you and Huang grow bigger, you will also invest overseas." Yang Wendong smiled and asked directly, "Qi Dezun, you asked me out just to talk about these things, right? You should make it clear first. After we finish the follow-up business, we can reminisce about the past. How about that?"

"Okay." Qi Dezun nodded and said, "Mr. Yang, I heard that Changxing Industrial's steel plant in Kwai Chung will mass-produce various types of construction and industrial finished steel?"

Yang Wendong smiled and said, "Yes, that's right. This matter should have nothing to do with Hutchison, right?"

Qi Dezun said: "Mr. Yang, the business of imported steel is also very important in my company. If you produce it in Hong Kong, I will lose tens of millions of dollars in business a year.
You are also a shareholder of Hutchison Whampoa. If Hutchison Whampoa's business suffers, it will also be a loss for you, right?"

"That's not right. Hutchison is also in the real estate business. Should my Changxing Real Estate Company close down because of you?" Yang Wendong asked back.

"Real estate is different. This market is big enough for anyone to get involved. But for some small industries, there is no need for everyone to enter the market." Qi Dezun added, "Also, Changxing Industrial currently only has this plan and has not invested yet. We can still cut our losses now."

Yang Wendong said calmly: "That's impossible. Our group has its own internal decisions on what business to do."

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(End of this chapter)