Protagonist: Bao Junyi
【Industrial】 【Business Warfare & Schemes】 【Stock Market & Finance】 【Military Industry】
Bao Junyi arrives in 1972.
Bao Junyi transmig...
The finance department whispered fearfully, "I...we just issued 10 million shares last year to raise funds for the project. We currently hold a 30.25% stake, but Miracle Group holds 33.48%."
Paul cursed angrily, "FUCK... What does Bao Junyi mean? I didn't offend him, right? Why is he messing with me? Wasn't it that old bastard Keswick who offended him?"
"We haven't investigated it yet. If someone hadn't leaked the information, we wouldn't have known he was secretly absorbing chips." said a Wharf executive.
"Damn it, do you all think I'm a pushover?"
"Hmph! We're going all out to buy up the stock. Isn't Bao Junyi's price 86 Hong Kong dollars per share? We should just go straight to 90 Hong Kong dollars per share. We can't let that kid from the Bao family buy up enough shares first."
"Okay, Boss, but we only have HK$300 million left in the company account, which is not enough to support a large-scale stock acquisition."
"I will find a way to mobilize funds from all subsidiaries and repurchase shares first."
"Okay, Boss, I'll arrange it right away," said the senior financial executive.
Paul calmed down and said, "Please contact the bosses of Hong Kong Land and Hutchison Whampoa and arrange a dinner for me."
"Okay, Boss."
The Hong Kong stock market was very hot because Hutchison Whampoa was completely ignited, causing other stocks to rebound. At this time, Hutchison Whampoa's share price had soared to HK$95 per share.
The Hong Kong stock market went crazy because of Wharf Holdings, increasing eightfold in one day. From a dozen Hong Kong dollars at Wharf Holdings, it continued to soar. And because Paul announced a HK$90 acquisition, the stock price directly broke through HK$90 before the afternoon closing and soared to HK$95.
After the Hong Kong Stock Exchange closed, people on the streets were talking about the acquisition battle between Miracle Group and Hutchison Whampoa.
Yuan Tianfan reported, "Mr. Bao, we have already acquired 39.78% of the shares. Due to our tender offer and the premium, we have acquired some retail shares. However, the remaining shares are on the sidelines. Shareholders in the primary market are no longer selling, and are unwilling to sell even at a premium of HK$110."
"It doesn't matter. You can just announce the acquisition at HK$120 per share tomorrow. At the same time, continue to acquire in the primary market. Speed up the secret accumulation of shares in the other four stocks. Take advantage of this stock market volatility. It will be difficult to detect our secret accumulation of shares. Everyone will think it is a rebound or that retail investors are buying." Bao Junyi said.
"Okay, Baosheng, I'll arrange it right away."
On the other side, a five-star restaurant in Hong Kong.
Paul hosted a dinner for Keswick and Qi Dezun, two of the two largest companies. He said, "I'm inviting you two today. You should know that Bao Junyi's Miracle Group has launched a takeover bid and holds over 38% of the shares. I don't know the exact number right now, but it's definitely more, not less. So, considering you're both one of the four largest trading companies in Hong Kong, I'd like to ask for your assistance."
"Boss Paul, you should also know that the current economic environment is not good. Our stock price has fallen so badly that we don't have much funds for repurchase, so where can we get the funds to support you?" Keswick said helplessly.
"Yes, Mr. Paul, everyone in Hong Kong is basically aware of our current situation. The only ones who can help you are HSBC or the Eagle Clan." Qi Dezun said.
"I have no choice now. As a professional manager, if we report to the family, you should know that this position will be replaced very quickly."
"So, since we're in Hong Kong, you have to help me no matter what. If Wharf Holdings goes bankrupt, one of you might be next. After all, the family of Mr. Keswick must have offended him before, right?"
"I don't ask for much. I just want each family to support me with HK$300 million at the highest interest rate, just to help me get through this difficult time."
Qi Dezun said, "Hutchison Whampoa doesn't have that much capital. It's not that we don't want to lend you money, but we're running out of money right now."
"I've been thinking about it these past few days, so I'm looking for your support."
Keswick thought for a moment and said, "I can lend you 300 million Hong Kong dollars, but I'll have to mortgage your fixed assets so I can get the board's approval."
Paul hesitated for a moment before saying, "Okay, but the funds must be transferred tomorrow morning."
"No problem, I'll arrange for overtime to get it done when I get back."
Qi Dezun knew he couldn't escape, so he could only say, "Our group doesn't have much capital, so we can only lend you 100 million Hong Kong dollars."
......
In the end, Paul borrowed a total of HK$400 million from Hutchison Whampoa and Jardine Matheson.
At the same time, I made an appointment through my secretary to have morning tea at the Peninsula Hotel tomorrow with HSBC Tai Pan Chenbi.
However, at night, major newspapers printed extra newspapers with information about Wharf Holdings, and they had no worries about not being able to sell the printed copies.
The next day.
More than a dozen major newspapers in Hong Kong, including Ming Pao, Sing Pao, Oriental Daily, Sing Tao Daily, etc., published articles about the acquisition of Hutchison Whampoa.
The shocking event of 1974: Bao Junyi of Miracle Group launched an attack on British capital by Chinese capital and started a full-scale acquisition of Wharf Holdings.
"Business Legend: Bao Junyi Leads Miracle Group to Target Wharf Holdings, Opening a New Chapter in the Rise of Chinese Capital"
"Business turmoil rises, Miracle Group's Bao Junyi makes a big bet on Wharf Holdings, acquiring the entire company at HK$120 per share"
Paul, Qi Dezun, and Keswick meet secretly to jointly resist the offensive of the Miracle Group
......
When Hong Kong residents woke up early in the morning, they saw that all they were talking about was the acquisition of Wharf Holdings.
However, there is one thing in common, that is, Chinese capital has risen, and Bao Junyi is a typical representative of Chinese capital.
From the acquisition of the Bank of China Building from British capital last year, the construction of the Miracle Industrial Park, to the acquisition of Wharf Holdings, this represents the true rise of Chinese capital, and the Chinese people are proud.
Paul is not aware of the hot topic among Hong Kong citizens at the moment.
I am currently having morning tea with HSBC's chef Chen Bi at the Peninsula Hotel.
Paul smiled and said, "Boss Chenbi, I'm inviting you to morning tea this time. You should know that Wharf Holdings is facing acquisition, and I hope you can lend a hand."
Chen Bi took a sip of coffee slowly before saying, "Boss Paul, I don't have the final say on HSBC. It also requires a resolution from the board of directors."
"Besides, Bao Yugang is also a member of the HSBC board of directors. What will they think of me if I help you?"
"Boss Chenbi, I won't make things difficult for you. I'll mortgage the property, and it doesn't matter if the interest rate is a bit higher. As long as I can get through this difficult time, I will definitely reward you handsomely."
"This is a Patek Philippe anniversary model I bought while traveling in Europe. I heard that Mr. Shen loves watches, so I gave it to him as a gift. As the old Chinese saying goes, a BMW is given to a hero."
When Chen Bi saw the watch, his eyes lit up with joy. After a while, he said, "Thank you, Paul, for the gift of the watch. However, we still have to go through the formal process. If we need funds, we also need certain collateral, otherwise the board of directors will not approve it. The maximum amount is only HK$1 billion, but the interest rate may be very high."
Paul said excitedly, "Thank you so much, Mr. Chenbi. A higher interest rate is fine. We just need the funds to come in sooner so the process can be expedited."
Chen Bi hesitated for a moment before saying, "This time..."