Hong Kong Movies: The Boss's Global Empire
Chapter 87 Bank of East Asia! " There is no need to choose
A dormant listed company.
Many newly established companies like to acquire empty shell companies to go public through backdoor listing! This thing looks simple,
In fact, there are traps everywhere.
If you are not a professional, you are likely to vomit blood.
Lu Wendong nodded: "I can consider it."
He pondered for a moment and said, "Then let's follow Uncle Tong's advice. When the time comes, we'll cut off Zhuang Shi." Huang Shitong smiled and said, "Okay, it'll only take a week at most."
"As for Wheelock stock."
Huang Shitong said: "I am already working on it."
"If we want to go any further, I'm afraid we'll have to talk directly to Mr. Madden."
Lu Wendong suddenly asked, "Is it possible for us to take over Wheelock directly?" Huang Shitong was shocked: "Take over Wheelock directly?"
His mind raced.
Then he said, "Mr. Lu, the major shareholder of Wheelock is actually Zhang Yuliang!" "He holds over 24% of Wheelock's shares!"
"However, the Zhang family is not short of money and may not be willing to sell."
"If this is truly done, the funding required will be enormous, probably no less than 30 billion!"
Lu Wendong stood with his hands behind his back, thinking, Wheelock is a good asset, but he also knew,
The foreign company will soon sell off its assets in Hong Kong Island.
The market is full of gold!
I don't have enough cash on hand. If I invest all of it in Wheelock,
There may be some turnover difficulties later!
He quickly made up his mind: "Uncle Tong, should Madden be willing to transfer his shares?" Huang Shitong pondered for a moment and said, "It's not a big problem."
The Maddens are the founding family of Wheelock and have a close relationship with the charter king!
Both parties are shipping tycoons! Unfortunately
When shipping receded,
The charter boat king decisively abandoned the ship and went ashore.
But the Madden family chose to continue to increase their bets.
Different choices lead to different destinies. The charter king who abandoned his boat and went ashore is doing very well.
Wheelock, one of the four largest trading houses, has been declining.
It is losing money every year.
No one is even interested in stocks!
Add to that the discord between the Maden family and the Zhang Yuliang family, and it was like adding insult to injury.
For various reasons,
At present, the huge Hutchison Whampoa Group has become a dying camel.
“Okay, take the stocks from Madden as soon as possible.”
Lu Wendong said: "Wheelock is a lamb to be slaughtered. I believe the butcher will come to the door soon."
Huang Shitong smiled and said, "So that's what Mr. Lu meant. In that case, I'll treat Mr. Ma Deng to a drink tonight."
"I'll try to get it done within two days." "Thank you, uncle. There's one more thing."
Lu Wendong finally stated his purpose: "I've noticed that the Feng and Li families of Chinese Estates are not getting along. We can take action and deal with it!" Huang Shitong's scalp suddenly tightened.
No wonder Mr. Lu was so happy about my two suggestions. It turned out he was waiting for me here!
Chinese Estates was established in 1922.
Founded by Feng Pingshan and Li Guanchun!
The family founded by these two people is known as a noble family in Hong Kong Island! Like Feng Pingshan,
The Zhaofeng Bank he founded was once a synonym for the North-South Bank.
Its businesses cover multiple fields including real estate, industry, transportation and media, making it a veritable family conglomerate.
His son, Fung Ping-fan, has long served as an unofficial member of the Legislative Council and Executive Council of Hong Kong Island, and was awarded the Knighthood by the Queen.
He is a well-known political and business celebrity in Hong Kong.
The Li Guanchun family is even more powerful! This family controls the Bank of East Asia, which is second only to HSBC and Hang Seng Bank in Hong Kong Island!
The Li Guanchun family also has considerable influence on the Hong Kong Jockey Club, the most powerful and wealthy symbol of Hong Kong Island!
The family is one of the largest horse owners in the Jockey Club and holds 12 seats on the Jockey Club's board of directors.
Members of the Li family have long held a quarter of the property!
The Chinese Estates Group founded by these two families was certainly extraordinary. Since both the Feng and Li families were not short of money at the time,
So when they founded Chinese Estates Holdings, they set a rule to only invest in high-quality properties and securities.
For decades,
Chinese Estates Holdings has acquired numerous high-quality properties and holds shares in numerous high-quality listed companies. It is a truly exceptional listed company!
Lu Wendong looked at Huang Shitong with a smile: "Uncle Tong, what do you think?"
What can Huang Shitong say?
People have always followed my advice. If I say to sell Nengda, I will sell Nengda.
If you say you won't acquire Wheelock, then don't acquire Wheelock! Give yourself enough face!
As the old saying goes,
People carry people in a fancy sedan chair! People give face to us.
You can't be shameless!
Huang Shitong gave Lu Wendong a thumbs up: "Mr. Lu, you have good eyesight!" That's right,
After thinking about it, Huang Shitong
I have to admit that Lu Wendong picked a good target! Logically speaking,
Chinese Estates Holdings, founded and incubated by the Feng and Li families, is definitely a high-quality asset!
The problem lies with the Feng and Li families! These two families are too prestigious and too wealthy!
Because Feng and Li families did not make money from Chinese estates in the beginning,
I didn’t even think about making a market.
After Chinese Estates went public, it never raised funds from the stock market.
The stockholders are definitely not interested in it!
Trading in Chinese Estates Holdings' stock is unusually quiet, with few securities analysts paying attention.
It is quite neglected in the market.
As a result, the market gave it a rather outrageous market value! Of course,
Even so
Chinese Estates is not something that ordinary people dare to touch!
It never rains but it pours!
First, the Feng family began to decline after reaching the third generation. Due to poor management, the third generation of the family
I had to start selling off my belongings!
This includes shares of Chinese Estates Holdings!
Lu Wendong, who watched the news every day, could easily analyze the Feng family's situation from some clues! He judged that
As long as I offer a price slightly higher than the current market price, the Feng family will definitely be willing to sell it!
Huang Shitong was secretly horrified when he heard this.
He couldn't help but ask, "Mr. Lu, where did you get this information?" Lu Wendong smiled and said, "Newspaper!"
Huang Shitong was shocked: "Newspaper?"
The Feng family was once one of the most prestigious wealthy families in Hong Kong.
Even a rotten boat has three pounds of nails!
There is no way he would expose his own shortcomings in the newspaper!
Lu Wendong explained, "I was reading some gossip when I saw that the eldest son of the Feng family asked his ex-girlfriend to return her ring." He smiled slightly, "Uncle Tong, with the Feng family's background, why would they go to this extent?"
"I thought the Feng family must be having some trouble, so I looked up some reports about them."
"Then I discovered that starting three years ago, the Feng family had been repeatedly involved in money-related scandals."
"Of course, the market just thinks that the Feng family has a playboy, but I don't think so."
"so!"
Lu Wendong spoke freely, "I checked the listed companies associated with the Feng family, and I discovered that the Feng family is gradually withdrawing from their board positions on these companies..."
Huang Shitong looked at Lu Wendong as if he had seen a ghost.
Because of a lace,
Do you think they have financial problems?
Then investigate the Feng family's business?
What's going on in this young man's brain?
Why is the observation so sharp?
Lu Wendong added, "I can conclude that the Feng family has fallen on hard times! And with the Li family around, they won't get much out of Chinese Estates. They might as well sell all their shares all at once."
"Of course, I'm just speculating!"
Huang Shitong couldn't help but applaud: "Mr. Lu, you are amazing. I am really impressed."
He had never seen anyone as sharp as Lu Wendong in his life.
Although it is just speculation,
But it’s close to the truth!
Huang Shitong said, "The two young masters of the Feng family are used to eating, drinking and spending money, but they don't know how to manage business."
On insider trading,
Even if Lu Wendong flatters himself, he can never catch up with Huang Shitong!
"What a shame! I'm afraid the empire Sir Feng has expanded will decline in their hands."
Lu Wendong smiled and said, "Wealth does not last for more than three generations. Although it is a slang, it often exists."
Huang Shitong sighed: "Indeed."
"Even so."
Huang Shitong said: "Mr. Lu, if the Li family doesn't give in, it will be difficult."
What a coincidence!
There are also problems with the Li family!
Lu Wendong said slowly: "I wonder if Uncle Tong has read the latest financial report of Bank of East Asia?" Huang Shitong pondered for a moment.
Suddenly, he high-fived: "You mean, Li Fuzhao?"
He was amazed: "Okay, okay, is there a way?"
Bank of East Asia is also a listed company.
Monthly report
Quarterly reports are issued every quarter!
And in the middle of the year, we have to produce a mid-year report!
Among these reports,
Basically, you have to mention the current board members!
but,
Lu Wendong saw a glimmer of opportunity in the latest monthly report.
Li Fuzhao did not even join the board of directors of Bank of East Asia!
You should know that Li Fuzhao is not only a member of the Li Group,
A leader in the financial world!
He is also a major shareholder of Bank of East Asia and Chinese Estates Holdings! But why didn't he join Bank of East Asia?
This shows that there are cracks within the Li family!
Lu Wendong asked, "Uncle Tong, between Chinese Estates and Bank of East Asia, which one do you choose?"
Huang Shitong said without hesitation: "Bank of East Asia!" There was no need to choose!
Bank of East Asia is the third largest bank in Hong Kong Island. How can Chinese Estates compare to it?
Lu Wendong smiled and said, "Mr. Li must be eager to join the Bank of East Asia board of directors again!"
Huang Shitong nodded: "That's right!"
He already understood what Lu Wendong meant. There was internal strife in the Li family.
At this time,
Li Fuzhao will definitely try his best!
Unfortunately,
Li Fuzhao is also a major shareholder of Chinese Estates.
If anything happens,
Should he come forward? If he does,
Will it delay things at Bank of East Asia?
Since you can't have your cake and eat it too, you'll have to give up the fish and take the bear's paw!
Huang Shitong was amazed by Lu Wendong's discovery, and he unraveled the mystery.
I can actually find opportunities from gossip and monthly reports! Moreover,
Everyone can get what they need while still saving face!
As for Lu Wendong,
He will quietly get more than 40% of the shares! The remaining little bit,
Just slowly buy in the market! Even if it's a bayonet fight,
With 6 billion in cash, Lu Wendong could also buy enough shares at a high price to achieve full control of 51%!
The more Huang Shitong thought about it, the more he felt that the idea here was very feasible and had a very high success rate!
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