Chapter 388 The Rothschild Family



Simon Keswick's face was extremely gloomy, but he had to admit that what Mo Zhexuan said was true.

What was once the largest consortium on this land eventually declined.

Now the situation has reversed and they have become the lambs on the chopping board of the Chinese financial consortium.

"You are right, but don't forget who is the real boss in Hong Kong now?" Simon Keswick said angrily.

"Chairman Ximen, you should know what the Huo family's involvement means."

Mo Zhexuan took a cigar out of the cigar box and handed it to Simon Keswick, but he didn't take it.

He lit it himself, took a deep breath, exhaled the smoke, and spoke slowly.

"It is only a matter of time before the two countries sign a treaty. This is the general trend and the will of the people.

No individual or force can stop it; the future of Hong Kong will be one where Chinese capital takes over leadership from British capital.”

"I can assure you that we will give the Keswick family a satisfactory price. What do you think?"

If you can defeat the enemy without fighting, it is indeed the best strategy.

In the business world, there are no eternal rivals, only eternal interests. This is the unchanging purpose.

There is nothing that cannot be negotiated. After all, we are not mortal enemies.

“I believe that all the assets of the four of you combined would be difficult to swallow up the Hong Kong Land!”

Simon Keswick was not one to be frightened, so how could he be persuaded by a few words, unless he really had to do something.

Moreover, it has just recovered HK$3.632 billion by selling shares of Hong Kong Electric Company.

This also gave Hutchison Whampoa Properties, which was burdened with huge debts, a sigh of relief, and undoubtedly gave it more confidence.

"I can tell you the truth. Through the efforts of the four of us, we have successfully secured the firm support of five banks, including HSBC, Hang Seng Bank, Bank of China, and East Asia."

"This has allowed us to raise a total of HK$10 billion. We are determined to acquire Hong Kong Land Development. If we succeed, we might even delist immediately..."

Before the takeover battle began, the share price of Hong Kong Land Development suffered a heavy blow due to the debt problem of more than 15 billion Hong Kong dollars that it was burdened with.

The market value plummeted from more than HK$12 billion to HK$4 to 5 billion, a drop of 60%.

With the outbreak of the acquisition war, the market value of Hong Kong Land Development began to soar sharply and has now risen to around HK$20 billion.

At the same time, the market value of Jardine Matheson Holdings, which was affected by Hong Kong Land, also increased from around HK$3 billion to more than HK$5 billion.

Of course, the two companies have been suspended from trading on the Hong Kong Stock Exchange, pending the end of the acquisition battle and re-listing.

If the four major consortiums headed by Mo Zhexuan can successfully acquire these two companies, they will immediately carry out asset restructuring.

According to their respective needs and strategies, relevant assets will be reasonably allocated to further expand their respective strengths.

As Mo Zhexuan continued his detailed narration, Simon Keswick's expression grew increasingly gloomy.

It was like a sky covered with dark clouds, and rain might fall at any time.

What he found most difficult to accept was that HSBC actually stood on the side of the Chinese consortium.

Recalling the previous visit to HSBC Chairman Shen Bishi, the other party always evaded responsibility and was vague, unwilling to make a clear statement.

At this moment, Simon Keswick suddenly realized that the old fox Shen Bi had already reached some kind of tacit understanding with the Chinese consortium.

"Mr. Mo! If it was before we sold the Hong Kong Electric Company, maybe we would have compromised, but that's impossible now."

"Okay! Then let's see for ourselves!"

The two men stood up and shook hands, and Simon Keswick took his leave.

"Mr. Mo! Have you reached an agreement?" Lin Xingwen came out of the lounge and asked.

"No, but I did put some pressure on this guy." What Mo Zhexuan hated the most now was Li Jiacheng, the old bastard.

If this damn guy hadn't spent a huge amount of money to replenish Jardine Matheson's ammunition, Jardine Matheson might have compromised.

"Please help me book a table at Fortune House tonight, and the four of us can discuss this together."

"OK!"

...........

At six o'clock in the evening, in the VIP room on the top floor of Fortune Hotel.

As the lights come on, the atmosphere is both elegant and solemn.

Exquisite tableware, high-end wines and soft music together create an atmosphere of low-key luxury.

Mo Zhexuan sat upright at the table and told the charter king, Li Zhaoji and Huo Yingdong in a serious manner the details of his meeting with Simon Keswick today.

When everyone learned that Simon Keswick chose not to compromise because of Li Jiacheng's intervention, the atmosphere in the private room suddenly became tense.

The king of the charter ship frowned, his eyes flashing with a sharp light, and he said in a deep voice:

"Li Jiacheng's move this time was indeed beyond our expectations.

We had already announced our intention to acquire Hong Kong Land Development.

He jumped out to negotiate with the Keswick family at this time, which undoubtedly put us in a passive position."

Li Zhaoji seemed even more angry. He took a big sip of white wine and frowned.

“Now that Hongkong Land has received a huge amount of funds of HK$3.632 billion, it has undoubtedly given them a temporary reprieve.

If we want to successfully acquire it, the price we have to pay will be much higher.”

Among the four this time, Li Ka-shing and Mo Zhexuan invested the largest amount, each preparing HK$1.5 billion.

If the acquisition fails, such losses will undoubtedly have a significant impact on their financial situation and future investment plans.

"Now that it has come to this, we can only wait and see what happens and await the court's decision." Huo Yingdong pondered for a moment and then spoke.

My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List