When Li Ka-shing sold his shares, Shen Dong, who had been keeping an eye on Hang Seng Bank, sensed something was wrong.
He then saw that the share price of New Territories Warehouse had risen from HK$122 to HK$136, and Shen Dong knew that someone must be buying up New Territories Warehouse shares on the market.
Shen Dong smiled and said, "I understand. So Li Ka-shing and his group's real target wasn't Hang Seng Bank, but the New Territories warehouse."
Song Zihao asked, puzzled, "Brother Dong, why do you think that?"
Shen Dong said, "They used a strategy of feigning one move while secretly making another. While the American conglomerates didn't have much capital, the local business community wanted to use Hang Seng Bank to deplete their funds. Once they were almost done, they would suddenly sell the shares and trap all the American conglomerates' funds inside."
"Unfortunately, the managers of Hang Seng Bank are not to be trifled with. They must have already seen through their plan and took the initiative to lower the price."
"Although they also suffered great losses, they successfully trapped a portion of the other party's money in Hang Seng Bank, causing Li Ka-shing and his team great distress."
"Hehe, I have to say, the manager of Hang Seng Bank is really something."
Song Zihao sighed, "The stock market is truly terrifying. In this situation, wouldn't Li Ka-shing and his ilk be doomed?"
Shen Dong smiled and said, "It hasn't come to that. They've already sold a lot of stocks, and at most they'll lose two or three hundred million. Compared to the money Hang Seng Bank threw in to buy more stocks, it's nothing."
Song Zihao said, "They killed a thousand enemies but lost eight hundred of their own."
Shen Dong nodded and said, "That's right. I reckon Li Ka-shing and Li Zhaoshan are furious right now. But that has nothing to do with us. Ah Hao, place an order for HK$139 to begin acquiring the circulating shares of the New Territories warehouse."
Song Zihao was taken aback and said, "Brother Dong, isn't this going too far?"
Shen Dong laughed and said, "Li Ka-shing and his team are keeping an eye on the New Territories warehouse. No matter how we try to hide it, we can't escape their eyes, so there's no need for us to hide it anymore."
These past two days, Shen Dong has also been busy.
While the stock market was closed, Shen Dong had Song Zihao secretly contact the local shareholders of the New Territories warehouse.
By acquiring 7% of the shares from the twelve shareholders, combined with his original 3%, Shen Dong has surpassed Zheng Tong to become the third largest shareholder of New Territories Warehouse.
For this, Shen Dong paid a very high price, paying about 15 percent more than the market price.
However, Shen Dong believes that the money was well spent.
The market value of the New Territories warehouse is expected to triple in the next five years, so 15% is insignificant.
Following Shen Dong's instructions, Song Zihao placed an order at HK$139. Within just one hour, Shen Dong bought hundreds of thousands of shares, accounting for 3% of the total share capital, while the share price soared to HK$142.
Without hesitation, Shen Dong continued to acquire shares of the New Territories Warehouse at a price two Hong Kong dollars higher than the market price.
Such a large-scale move immediately attracted the attention of the other two parties.
Li Ka-shing frowned and said, "Someone is trying to steal the deal."
Li Zhaoshan said in a deep voice, "He's making a big move, willing to spend more money to buy shares in the New Territories warehouse. Does that mean Cruise has already figured out our plan?"
Zheng Tongdao: "Absolutely impossible. We've done an excellent job keeping this a secret. Apart from the four of us, very few people know about this."
Li Zhaoshan slammed his hand on the table and said, "This plan is really not going smoothly."
Two hours earlier, Cruise made a decisive move, using Hang Seng Bank to lock up a billion US dollars of their money.
Now someone is trying to steal the New Territories warehouse, it's simply outrageous.
Zheng Tongdao: "We currently own 16 percent of the shares in New Territories Warehouse, which is far from 30 percent. If this continues, we may be the first to be eliminated."
Guo Shengli pondered for a moment and said, "The fact that the other party is buying shares in New Territories Warehouse at such a cost clearly shows that they want to control it. I think we'd better sit back and watch the fight unfold before making any decisions."
Li Ka-shing nodded and said, "We own 16 percent of the shares, and whichever side wins will come to us. But in that case, we might lose control of the New Territories warehouse."
Li Zhaoshan said, "Then let's fight them, let's have a three-way battle, and see who comes out on top."
Li Ka-shing said, "Let's use HK$180 as a benchmark. If the share price of the New Territories warehouse rises to HK$200, we'll sell it. What do you all think?"
Zheng Tong smiled and said, "If someone is willing to buy my New Territories warehouse shares for two hundred Hong Kong dollars, I will sell them to him without hesitation."
After discussing the matter, the four powerful families immediately took action and began competing with Shen Dong for the circulating shares of the New Territories warehouse.
Meanwhile, Cruise on the other side was having a terrible headache.
He only had 350 million US dollars left, and after discovering that the target was the New Territories warehouse, he couldn't even fight a defensive battle.
Left with no other option, Cruise called El, the head of the Yixin Group.
"Cruise, I've also discovered that two groups are maliciously acquiring shares in New Territories Warehouse, and I'm also stepping up my buyback of the outstanding shares. But my funds are very limited, and I'm afraid I can't hold out for long."
Cruise said, "What I'm worried about now is that they will use the same trick again, and after driving the New Territories warehouse to its highest point, they will suddenly sell it off. If that happens, we will suffer heavy losses."
Al smiled wryly, "We can't worry about that now. Our Yixin Group can't afford to lose the New Territories warehouse."
Cruise said, "Hang Seng Bank is safe now. I need authorization from other consortia before I can help you."
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