Chapter 47 Mr. Li’s Confidant and Wife!
In the 1950s, Li Jiacheng had just started his business. He was eager to develop and kept accepting orders and shipping, but ignored the quality of the products, which led to a quality crisis. Banks and raw material suppliers blocked him every day to ask for the debts owed.
In order to reduce the burden on the factory, Li Jiacheng had to lay off employees and dismissed the workers who were underemployed.
Among the dismissed employees, there was a man named Zhou Qianqiu, who was Li Jiacheng's fellow villager and one of the founders of the factory.
Zhou Qianqiu never thought that the layoffs would fall on him.
Among the people who were laid off, he was the only one, while employees who had no relatives or friends with Li Jiacheng were retained.
Zhou Qianqiu couldn't figure it out, so he found Li Jiacheng.
Li Jiacheng said to Zhou Qianqiu: "The factory cannot produce normally because of too many returns. Let the employees with the most difficult life stay first. When the situation improves, I will let you come back to work immediately. I hope you can understand."
Zhou Qianqiu said: "Boss, I also live on wages. If I don't have wages, what will my family eat and drink?"
Li Jiacheng said to him: "Don't worry, I have food to eat, and you have food to eat. Can I let your family starve?"
So, during the days when Zhou Qianqiu was laid off, Li Jiacheng often bought food and vegetables and sent them to his home.
This touched Zhou Qianqiu very much. He felt ashamed of his behavior. After returning to the factory, he began to do his best to serve Li Jiacheng.
Since then, Zhou Qianqiu has been Li Jiacheng's loyal confidant and right-hand man.
Li Jiacheng would give Zhou Qianqiu many important things to do.
In early January this year, Li Jiacheng received an important business intelligence. As long as he bought more than 20% of Wharf Holdings' shares, he could challenge the position of the major shareholder of Hutchison Whampoa.
Li Jiacheng himself had little funds to use, so he quietly arranged for his most trusted veteran Zhou Qianyu to take charge of this matter.
Starting from the beginning of January, Zhou Qianyu used Li Jiacheng's funds to quietly build a position and buy Wharf Holdings' shares.
At the beginning, Wharf Holdings' shares were relatively stable.
For fear of being noticed by other investors in the market, he did not dare to buy too much at once.
In the past half month, he bought about three million shares.
Starting last week, he found that Wharf Holdings' shares began to rise.
According to Zhou Qianyu's experience, it should be more than just him who was quietly absorbing Wharf Holdings' shares, there were others.
As for who the others were?
He didn't know for the time being.
Today, he didn't expect that Wharf Holdings' shares had soared to 18 yuan per share compared to the original 11.8 yuan per share. The stock price had risen a lot, which meant that more funds had to be used.
The higher the stock price, the less Wharf shares Li Jiacheng can buy with his funds.
Even today, he bought less than 500,000 shares, and he has spent 9 million Hong Kong dollars.
After the Hong Kong stock market closed, he immediately drove to Li Jiacheng to discuss this matter.
"Qianqi, are you saying that Wharf shares are rising sharply now?"
"Mr. Li, that's right. It has risen a lot now. I'm afraid that the stock price tomorrow will have doubled compared to the beginning of the month."
Zhou Qianqi personally reported this matter to Li Jiacheng to see how Li Jiacheng would deal with it.
According to the original plan, they used different channels to buy quietly, and the market should not react so quickly.
Then buying 20% of the stocks at that time would also be within the scope of funds that Li Jiacheng could use.
If the Wharf share price rose to 30 or 40 Hong Kong dollars per share, Li Jiacheng felt that it was unprofitable.
Now, although Li Jiacheng wanted to swallow Wharf, it was undoubtedly a snake swallowing an elephant for Li Jiacheng and Changgang Industrial Group.
Changkang Industrial's strength is not too bad, but the acquisition of Wharf shares requires real money.
According to the Wharf stock price of HK$11 per share, if 20% of the shares are purchased, that is, 17 million shares, the total funds are HK$187 million.
If the Wharf stock price doubles again, it will be 22 yuan per share. To buy 17 million shares, it will cost HK$374 million.
At this time, Li Jiacheng may still use this money.
If the Wharf stock price doubles again to 33 yuan per share, it will cost HK$561 million.
At this time, he simply does not have that much money to buy Wharf shares.
Unless he borrows money from Huifeng Bank and Shen Yi.
However, he knows that it is impossible because a single move will affect the whole body.
By then, it will not only be Li Jiacheng who wants to swallow up Wharf Holdings, including Bao Yugang, and even Jardine Matheson Land will protect Wharf Holdings. It is impossible for Li Jiacheng to swallow up Wharf Holdings.
Li Jiacheng did not expect that his plan was actually seen through.
There are still people like him who have already quietly absorbed Wharf Holdings shares.
This time, few people know about his plan. Except for him and Zhou Qianqiu, there are not many people who know about it.
Naturally, including his friend Bao Yugang, even Shen Yi of Huifeng Bank is not clear.
"Qianqiu, do you mean that there are people like us? Could it be Mr. Bao?"
"Boss, it is possible. But I can't be sure."
"Continue to absorb Wharf Holdings shares according to the plan."
In any case, it is now halfway through, and the plan cannot be stopped.
Even if he can't take over 20% of Wharf Holdings' shares, if he can get 10% and sell it at a high price, he can still make a profit.
Zhou Qianqiu wrote it down.
When Zhou Qianqiu left, Li Jiacheng acted as if nothing had happened.
After saying goodbye to the rich businessman, he asked the driver to drive back to his villa in Deep Water Bay.
Along the way, Li Jiacheng was wondering who was secretly buying Wharf Holdings' shares?
The opponent he was most worried about was not Jardine Matheson Land, but his old friend Bao Yugang.
"Sir, you're back."
Li Jiacheng went in.
A middle-aged woman came out.
This lady was Li Jiacheng's wife Zhuang Yueming.
She was also his cousin.
The two had been married for many years.
Zhuang Yueming rarely appeared in Li Jiacheng's company, but she played a very important role in Li Jiacheng's business development.
Many business plans were planned by Zhuang Yueming behind the scenes.
In her early life, Zhuang Mingyue not only handled the trivial matters at home in an orderly manner, but also helped Li Jiacheng, who had a weak English level at the time, to act as a translator in the business world. It was Zhuang Yueming who introduced Shen Bi, the last boss of HSBC, to Li Jiacheng.
For Li Jiacheng, no matter when he started his business, he got the strong support of his mother's family, that is, Mr. Zhuang, Zhuang Yueming's father, and his wife's slow support behind him, so that he could have what he has today.
Now that Li Jiacheng came back, he changed his suit and gave it to Zhuang Yueming, and casually told him about the acquisition of Wharf shares.
"Sir, I'm afraid that my father can't match your business experience now, and I can't give you more advice and help."
With her husband and the company at this level, Zhuang Yueming knew very well that it would be difficult for her to intervene in business.
However, Zhuang Yueming knew very well that there was another person who could help her husband a lot.
That was Shen Yi.
If Li Jiacheng can get the support of Shen Yi, the current head of Huifeng Bank, the God of Wealth in Hong Kong, it is not impossible for Li Jiacheng to swallow up Wharf Holdings.
Please read on!