The gold traders behind the London Gold Exchange wanted to sell shares of Jardine Matheson's automobile group and Jardine Matheson Shipping, as well as shares of Hong Kong United Dockyard and Swire Properties under Jardine Matheson, to the ship charter king at a low price.
After coming to his senses, Xu Xiangqian hurriedly asked, "Mr. Bao, where did those gold merchants get the shares?"
"They were bought from two foreign firms."
"ah?"
Seeing Xu Xiangqian's puzzled look, the ship charter king immediately began to explain.
Li Xu and others then realized that the gold merchants had learned that the two foreign companies were seeking help everywhere, so they came to them and expressed their willingness to provide them with assistance by purchasing shares of their subsidiaries.
The gold merchants have very good reasons. We want to become one family with you and fight against the charter king together.
The two foreign companies thought this was a good idea. Once the shares were in the hands of the gold merchants, they would definitely not sell them to the ship charter king. In this way, not only could they maintain their position as major shareholders, but they could also obtain a large amount of funds.
In this way, the two foreign companies sold 20% of the shares of Jardine Matheson Shipping, Hong Kong United Dockyard, and Swire Properties, which were the most favored by the shipping king, to the gold merchants.
Not only that, Jardine Matheson also included the automobile group that Li Xu had his eyes on.
It did this in the hope that the gold merchants would confront Xu Xiangqian.
The whole of Hong Kong Island knew that Xu Xiangqian had a close relationship with the ship charter king.
The friend of my enemy is my enemy. Jardine Matheson did not believe that the gold merchants would sell shares in the automobile group to Xu Xiangqian.
But what the two foreign companies didn't know was that the gold merchants bought these shares in order to make a deal with the shipping king.
The content of the transaction was that as long as the charter king promised never to get involved in the gold market under the name of gold merchants again, these shares would be sold to him at a low price.
The two foreign companies thought that the charter king had only made a small amount of money in the gold market, which was a little over 10 billion US dollars.
But in the eyes of money merchants, the charter king made two fortunes, totaling hundreds of billions of US dollars.
The gold merchants were really scared.
They felt that if the charter king continued to be involved in the gold market, he would go bankrupt sooner or later.
Previously, they wanted to negotiate with the charter king, but the charter king ignored them.
Now that Charter King's acquisition has been blocked, they see an opportunity to strike up a conversation.
They decided to spend some money and sell the acquired shares to the charter king at a low price in exchange for future stability.
Li Xu felt that if this matter were to get out, both foreign companies would be crying in the toilet...
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