Chapter 59: Hutchison Whampoa, the Second Largest Foreign Company in Hong Kong!
If swallowing up Wharf Holdings was an appetizer, then swallowing up Hutchison Whampoa was Yang Ming's highlight.
Hutchison International is the second largest foreign company in Hong Kong.
In addition to Hutchison International, it also has large-scale foreign companies such as Whampoa Dockyard.
In addition, there are Watsons, Junyi Warehouse, Dehuibao Foreign Company, Taihe Foreign Company, and Qichang Foreign Company. At its peak, there were as many as 360 big companies under its umbrella.
The industries it operates cover real estate, finance, insurance, hotels, docks, shipping, warehouses, cotton and wool textiles, automobiles, foreign wines, sodas, pharmaceuticals, import and export trade, etc.
It is one of the largest commercial organizations in Hong Kong, second only to Jardine Matheson.
After Jardine Matheson lost Wharf Holdings.
Now Hutchison Whampoa's strength should be similar to that of Jardine Matheson, or even exceed that of Jardine Matheson.
Before this, the owner of Hutchison International was Qi Dezun.
In 1975, Qi Dezun was on the verge of bankruptcy due to excessive expansion, which led to capital turnover problems. He had no choice but to accept the capital injection and acquisition of Huifeng Bank.
In the end, Huifeng Bank injected 150 million Hong Kong dollars and obtained 90 million shares of Hutchison International, accounting for 33.65% of Hutchison International's issued shares.
From that time on, the owner of Hutchison International changed to Huifeng Bank.
Because of its own relationship, Huifeng Bank said at the time that if Huifeng Bank made a profit, it would sell Hutchison International at an appropriate time.
In history, there were many people who wanted to eat up Hutchison International.
Even Qi Dezun, who lost Hutchison International, Shen Yi and Huifeng Bank would not give them a chance.
At the beginning, Huifeng Bank had decided to support the development of Chinese capital, and Huifeng Bank would only hand over Hutchison International to Chinese capital.
Before this, many people did not know who it was.
In history, Yang Ming naturally knew that it was Li Jiacheng who swallowed up Hutchison Whampoa at a low price.
Thus, Li Jiacheng rose to the top in one step, and was reborn and soared to the sky. Since then, Li Jiacheng has established his position as the richest man in Hong Kong.
Later, after the 1980s, Li Jiacheng was investing in the mainland as working capital because of the dividends from Hutchison Whampoa, which made Li Jiacheng's wealth more and more, so that Hong Kong became Li Jiacheng.
At this time, Li Jiacheng's strength was just like that.
In addition to his own Changkang Industrial, he acquired some companies last year.
Compared with Bao Yugang, Li Jiacheng at this time was far less powerful than the Bao family.
When Yang Ming swallowed up Wharf, he had already planned to swallow up Hutchison Whampoa.
Why swallow up Wharf first, not Hutchison Whampoa?
It was because of the special nature of Hutchison Whampoa.
Hutchison International's stocks are also very scattered, but they are very different from Wharf.
The largest shareholder of Wharf was originally Jardine Land, which only held 10% of the shares.
The largest shareholder of Hutchison International is Huifeng Bank, which already has more than one-third of the shares. The remaining consortiums and investors also hold one-third of the shares, and the rest may be those retail investors.
It is destined that other investors will not be able to swallow Hutchison Whampoa without the support of Huifeng Bank.
In addition, Huifeng Bank is the largest bank in Hong Kong, similar to the role of the central bank, and has plenty of money.
If you want to compete with Huifeng Bank for money, I am afraid that no other consortium in Hong Kong can compare with Huifeng Bank.
So that, many British and Chinese capitals have been coveting Hutchison International for a long time. They know that without the support of Huifeng Bank and Shen Yi, it is impossible to swallow Hutchison International.
Now for Yang Ming.
He is different.
He is already making preparations for both situations.
First.
The easiest way.
Just like in history, Shen Yi was willing to sell Hutchison Whampoa shares to Li Jiacheng at a low price.
Then Yang Ming would not have to spend too much to swallow up Hutchison International.
Historically, Li Jiacheng swallowed up Hutchison Whampoa at a price far below half of the market price.
If that was the case, Yang Ming knew that it would be easy for him to swallow up Hutchison Whampoa.
Yang Ming was considering that if Shen Yi was too stubborn and refused to sell him the shares of Hutchison International, he could only use the second method.
In addition to secretly holding Hutchison International shares.
As long as he already held Hutchison International shares, even in many cases, Shen Yi wanted to sell Hutchison International to others, he had to think clearly.
Yang Ming also had huge funds to fight with Huifeng Bank.
"Boss, we now hold Hutchison International shares, about 10% of the shares."
10% of the shares, that is 27 million ordinary Hutchison International shares.
Compared with the 90 million shares held by Huifeng Bank, this is of course far less.
"Boss, we found that starting this week, it seems that someone else has been quietly buying Hutchison International shares."
Other people are quietly buying?
Who is this person?
Of course, they don't know.
Yang Ming guessed it immediately after hearing it.
This person is either Li Jiacheng or Bao Yugang.
In history, the two people who have the greatest hope of getting Hutchison Whampoa are these two people.
In the end, it was still Li Jiacheng.
That was because of historical reasons. Li Jiacheng had given up Wharf Holdings in advance. In the end, Bao Yugang got Wharf Holdings and Li Jiacheng got Hutchison Whampoa.
In Yang Ming's view, Bao Yugang was at a loss.
Bao Yugang also knew that compared to himself, Shen Yi was more optimistic about Li Jiacheng.
Now Wharf Holdings is in Yang Ming's hands.
That means that the only person who wants to swallow up Hutchison International now is Li Jiacheng and Bao Yugang.
Of these two people, of course, Bao Yugang, the shipping king, is stronger.
In terms of relationship.
On the surface, Bao Yugang has a closer relationship with Huifeng Bank because the two sides have cooperated for a long time.
Historically, Li Jiacheng took over Hutchison Whampoa, which is enough to show that Shen Yi and Li Jiacheng have a closer relationship.
Yang Ming was too lazy to pay attention to these two people.
No matter who they are secretly absorbing Hutchison International's shares, it will not affect him much.
Now that he has 10% of Hutchison International's shares, it means that he can officially confront Shen Yi.
"I know, you go back to work first."
Yang Ming asked them to go out first.
He leaned on the wheelchair and looked outside.
At this time, many people were paying attention to Yang Ming and Empire Group, as well as Wharf Holdings, which Yang Ming had just swallowed.
Yang Ming had already thought of Hutchison International.
As long as he swallowed up Hutchison International.
As far as Hong Kong is concerned, whether it is Li Jiacheng or Bao Yugang, it is probably impossible for them to imagine the same as in history.
When Yang Ming was considering whether to call Kayla.
The landline phone rang.
When Lin Xiuzhi picked up the landline phone and answered it.
"Boss, it's Miss Kayla calling."
"Miss Kayla, it's me."
"Mr. Yang, congratulations. I want to see you tonight."
"That's right, I want to see you too. Come to my house, I'll treat you to red wine."
Please read on!