svetikya Page 41
Page 41
Now, with a single transaction, those 20 million shares have been sold for 1.4 billion.
After deducting the cost of 400 million, he still made a profit of 1 billion Hong Kong dollars.
"Hey, Fourth Uncle."
"A sum of money will come in tomorrow. Use multiple accounts in your hidden account to continue buying Wharf Holdings shares."
After finishing the accounts, Ni Yongjun laughed heartily and said.
"Understood, Mr. Ni."
Upon hearing Ni Yongjun say this, Fourth Uncle immediately agreed.
...
The next day, Wharf Holdings' stock price soared from HK$30 to HK$35 as soon as the market opened.
After seeing Wharf Holdings raise its price to the limit, Li Ka-shing's trader called Li Ka-shing to inquire about it.
"Mr. Li, Wharf Holdings has risen to HK$35. Should we continue to buy?"
"Huh? It's only been a few days, and it's gone from 25 yuan to 35 yuan already?"
Upon hearing this, Li Jiacheng was greatly surprised, and then he asked:
"So how many shares did you buy?"
"I bought one million shares at a cost of thirty yuan each, spending thirty million yuan in total."
Lee Ka-shing's trader looked at the account and answered directly.
"Just wait."
When Li Ka-shing heard that it would cost 30 million to buy one million shares, he stopped and waited for the share price to drop before buying.
"Okay, Mr. Li."
Upon hearing this, Li Ka-shing's trader stopped buying.
...
The unusual activity at Wharf Holdings not only caught the attention of Li Ka-shing, but also that of Jardine Matheson, the major shareholder of Wharf Holdings. Looking at the stock price, he couldn't see anything right.
Then his phone rang.
"This morning, the shipping magnate Bao acquired 20% of Ni Yongjun's shares."
Shen Bi's shocked voice came from the other end of the phone.
"Then tell the shipping magnate to stop acquiring ships."
Looking at the still-rising share price of Wharf Holdings, Jardine Matheson anxiously spoke to Sir Michael Sandberg.
“The shipping magnate is a shareholder of HSBC, and I cannot order my boss to do anything.”
Shen Bi's voice of refusal came from the other end of the phone.
“Then, then, I need HSBC’s payment for the goods; I want a reverse takeover.”
After hearing Sir Michael Sandberg's refusal, Jardine Matheson panicked for a moment before deciding to launch a counter-takeover.
"No problem, HSBC can pay you for the goods."
When Sir Michael Sandberg heard that the Jardine Matheson Group wanted payment for the goods, he immediately agreed.
in the afternoon,
After Jardine Matheson received payment from HSBC, he immediately entered the market and bought shares in Wharf Holdings.
He had been keeping an eye on Jardine Matheson's shipping magnate, and instead of secretly buying shares, he publicly revealed his identity and directly entered the market to snap up more.
The closing price at noon was originally 40 yuan, but it jumped directly to 50 yuan, which stunned everyone.
When Li Ka-shing saw the Wharf Holdings shares after finishing his meal, he was stunned.
Then, he quickly picked up his phone and said to the trader:
"Sell".
"Sell quickly."
He made 20 yuan per share, and 20 million Hong Kong dollars from one million shares.
That's incredibly profitable.
Therefore, in order to secure his profits, Li Ka-shing chose to sell one million shares of Wharf Holdings.
However, after Li Ka-shing sold the shares, Wharf Holdings did not fall, but continued to rise, with the share price reaching HK$55.
When Li Ka-shing looked at the stock price, he roared furiously and even overturned the table.
Because of his impulsive decision, he lost five million Hong Kong dollars.
...
Jardine Matheson frowned as he stared at Wharf Holdings' share price. He was at a loss, having spent 100 million to buy only two million shares.
But Wharf Holdings' share price has risen to HK$55. Should we continue to buy?
On the other side, the shipping magnate, watching the Wharf Holdings stock price remain unchanged, fearfully said to his subordinates:
"Fortunately, we reached a deal with Mr. Ni yesterday to acquire 20 million shares at 70 yuan per share."
"If you buy it on the market, the stock price could skyrocket."
"I really owe Mr. Ni a favor this time."
"Without Mr. Ni's 20 million shares, I really don't know if we would have been able to acquire Wharf Holdings this time."
Then, with a smile, the shipping magnate asked his subordinates:
How many shares do you hold now?
"Not counting Ni Sheng's 20 million shares, we bought 10 million shares."
"He holds a total of 30 million shares."
The shipping magnate's strategist reported to him.
“That’s right, this time there’s a real chance that I will become the first Chinese chairman of the board of directors of the foreign firm.”
At this point, Bao Chuanwang burst into laughter.
Meanwhile, while keeping an eye on Wharf Holdings, Ni Yongjun was on the phone asking his fourth uncle:
"Hey, Fourth Uncle."
How many stocks are you currently holding in your unsecured accounts?
"Currently, the company holds a total of 30 million shares in its secret holdings."
"It cost 1 billion, the cost price was 33 yuan, and there is still 800 million in funds."
Fourth Uncle reported to Ni Yongjun with a smug look on his face.
..............
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Chapter 64 The Battle of Kowloon Wharf
By the close of trading that afternoon, Wharf Holdings' share price had risen to HK$60.
Looking at the unfamiliar Wharf Holdings stock price, the Jardine Matheson Group felt afraid.
Because he learned from HSBC tycoon Sir Michael Sandberg that the shipping magnate's account already held 30 million shares of Wharf Holdings.
This means that the shipping magnate could enter the board of directors of Wharf Holdings.
If the shipping magnate continues to acquire shares and reaches a 49% stake, he will have absolute control of Wharf Holdings.
At that time, the shipping magnate will become the first Chinese chairman of the trading company.
And Jardine Matheson Group had no choice but to withdraw from Wharf Holdings.
Even if they don't want to withdraw, they have to, otherwise insider trading will cause the stock price to plummet. What will happen then?
Will they acquire the company or leave?
Even if he wanted to acquire it, did he have enough shares to buy?
Moreover, the shipowner had already achieved absolute control.
Therefore, for the Jardine Matheson consortium, there is only one option: to increase its stake to 49%.
At that time, the shipping magnate would naturally withdraw from the acquisition.
If the shipping magnate reaches 49% first, then Jardine Matheson will withdraw.
"Tomorrow, the shipping magnate is going to Europe for a ship safety conference, which is a good opportunity for us."
Suddenly, one of his men came in to report.
"How do I do it?"
The chairman of the Jardine Matheson Group directly asked his subordinates.
“We also have Hong Kong Island Land, which can be exchanged for Wharf Holdings shares.”
“If HK$100 worth of Hongkong Land shares were exchanged for HK$60 worth of Wharf Holdings shares, those shareholders would definitely be very willing to do so.”
“In this way, we can quickly reach 49%, and then the shipping magnate will have no choice but to withdraw from the acquisition.”
"Moreover, if this happens tomorrow, even the shipping magnate in Europe won't have time to react."
His subordinates carefully explained the plan to the chairman in detail.
"Okay, let's proceed according to your plan tomorrow."
Upon hearing this, the chairman of the Jardine Matheson Group immediately agreed.
the next morning,
Island Land issued an announcement before the opening of sales.
The announcement stated that one Wharf Holdings share would be exchanged for one Island Land share.
Upon hearing this, Wharf Holdings shareholders were extremely excited and flocked to the stock trading hall to exchange their shares for Hong Kong Land shares after the market opened.
At that moment, the shipping magnate far away in Europe was also woken up by the phone call, and he answered it in a daze.
Upon hearing this, he immediately woke up.
“If Hongkong Land wants a one-to-one share swap, then we’ll just offer HK$105 to acquire one share of Wharf Holdings.”
"I don't have enough cash, I'll borrow from HSBC."
The shipping magnate immediately spoke to the Hong Kong Island trader.
He then booked a plane ticket and flew back to Hong Kong Island.
Because he didn't come back, HSBC couldn't sign the emergency loan agreement.
However, the flight from Europe back to Hong Kong Island takes fourteen hours, so he can only hope that the Hong Kong Island Land share swap plan will not succeed and that shareholders will still want to wait to exchange their shares for HK$105.
Indeed, when the shipping magnate offered to buy one share of Wharf Holdings for HK$105, Wharf Holdings shareholders were very willing to exchange their shares.
However, with the shipping magnate's cash exhausted, he will have to wait until tomorrow to redeem it.
The shareholders were unhappy and rushed to exchange their shares for HK$100 worth of Island Land stock.
By the time the shipping magnate got off the plane, it was already 11 p.m. on Hong Kong Island.
How many shares do we hold in total?
With a stern expression, Bao, the shipping magnate, asked his trader.
"Today we directly acquired 5 million shares for 105 yuan each, which cost 530 million yuan."
"The total shareholding has reached 35 percent."
The trader explained in detail to Bao Chuanwang.
"Where is Jardine Matheson?"
When Bao, the shipping magnate, heard that he only held 35% of the shares, his spirits dropped considerably, and he pressed for more information.