Hong Kong Movies: The Boss's Global Empire
Chapter 96 Others may not know, but Lu Wendong must know
"Has Shizune ever told you about my current identity?"
Wang Meigui shook her head: "I've been busy with your instructions recently."
Besides, Wang Meigui had to go to the hospital to take care of her mother. She was so busy that she didn't even have time to read the newspaper. Lu Wendong stretched out his hand.
Wang Meigui hesitated, then blushed and sat in Lu Wendong's arms. "I'm lucky. I'm now the leader of the Hongxing Group."
Wang Meigui looked at Lu Wendong in surprise. Before this, she only knew that Lu Wendong was a businessman and also had a gangster identity. In Hong Kong Island, many businessmen would find a gangster identity to protect themselves in order to avoid trouble.
Very common!
However, Wang Meigui never imagined that Lu Wendong would be the leader of Hongxing? It was too exaggerated!
Being a detective inevitably involves dealing with all sorts of people. How could Wang Meigui not know the importance of the Hongxing leader? Now let's look at the backgrounds of the people Lu Wendong wanted to investigate.
Wang Meigui felt like she had just escaped a tiger's den and walked right into a wolf's lair. Then, she started to worry about Lu Wendong. "Is this okay?"
Wang Meigui felt that Lu Wendong was playing with fire. Besides, she really couldn't figure it out.
"That's for me to decide."
Lu Wendong played with Wang Meigui's hair, just like petting a cat. "I'll assign you some people, but they might not be very professional yet." "Teach them everything you know."
Lu Wendong said gently, "I don't want you to do such dangerous work in the future." He had long thought of asking Wang Meigui to teach Zhao Er and others skills.
Now it seems that the time is almost ripe.
Wang Meigui let out a cry of surprise, then looked at Lu Wendong intently. "Do you still want to be a detective?"
Wang Meigui shook her head repeatedly and whispered, "Do you... do you really like me?"
It's not easy for Lu Wendong to like someone. He doesn't like to talk, but prefers to act. Lu Wendong pulled Wang Meigui up: "It's late."
Wang Meigui's face was red and she was too embarrassed to look at Lu Wendong. "Let's go to the hospital."
Wang Meigui raised her head, a hint of doubt in her beautiful eyes.
Lu Wendong smiled and said, "I have already contacted the Hong Kong Sanatorium and Hospital. If I can send my aunt there sooner, she can get the best medical care sooner."
Wang Meigui felt ashamed and guilty, but a warm feeling flowed through her heart. She nodded and said, "Brother Dong, no matter what you want me to do, I will do it even if it means going through fire and water."
The philosophy of Food Xi is reported in the newspaper every day.
Lu Wendong's charity work also began to make some progress, and what made him most happy was that he had finally waited for the opportunity. "Mr. Lu."
Huang Shitong is really polite to Lu Wendong now.
Once upon a time, Huang Shitong was a stock market tycoon, while Lu Wendong was just a young talent just starting out in the business world! When Huang Shitong spoke to Lu Wendong, he couldn't help but speak in a pretentious tone like an elder.
Now?
How dare I?
Huang Shitong said, "The Madden family is willing to sell all of their shares, and he also helped lobby the joint venture." "Together, we now hold over 24%!"
Lu Wendong was surprised: "More than 24%?"
This acquisition is too smooth! "Yes."
Huang Shitong explained: "The Madden family holds 13.5% of Wheelock's shares, and the United Enterprises holds 10.99% of Wheelock's shares." "The two together hold 24%!"
The joint venture was a listed company under Wheelock, with cross-holdings between the two parties. Lu Wendong's mind raced. Wheelock owned seven listed companies!
Since the Madden family can help negotiate with the joint venture, it should also be able to help communicate with other parent companies. In other words...
The situation has changed!
I can already take over Wheelock! No need to give it to the charter king!
Lu Wendong paced back and forth with his hands behind his back: "How much did it cost?" "One billion Hong Kong dollars!"
Ever since the decline of shipping, Wheelock's share price has hovered around HK$4 per share, like a giant snake dormant on the seabed. Huang Shitong added, "However, if we continue acquisitions, the share price will definitely rise."
"By then, the same shares might cost more than a billion."
"How much does Zhang Yuliang have?"
Huang Shitong immediately said: "23.5%!"
If he could get the shares held by Zhang Yuliang, Lu Wendong's shares would exceed 47%, and if he bought some more shares, he would be able to achieve full control! However, in this way, half of Lu Wendong's funds would be occupied.
At the same time, Lu Wendong also wanted to acquire Chinese Estates. "What does Chinese Estates say?"
Huang Shitong smiled: "Mr. Lu is very smart. Mr. Li has already agreed. I have made an appointment with him to play golf in Fanling the day after tomorrow. There will definitely be good news by then." He didn't speak easily.
Since you say so, it means it’s a done deal.
Lu Wendong looked up. This opportunity was hard to come by and he couldn't miss it! "I'll go find Zhang Yuliang! Let's take down Wheelock first!"
Huang Shitong was shocked. Lu Wendong had previously said he wanted to make a killing, so why was he suddenly thinking of acquiring Wheelock? This was a massive company!
For decades, this conglomerate has been one of the four largest trading houses in Hong Kong! Acquire Wheelock?
Huang Shitong's head was buzzing with fear at Lu Wendong's ambition. "Uncle Tong."
Lu Wendong said: "If it weren't for my uncle's amazing speed, I wouldn't have had this idea." Yes!
Prior to this, Lu Wendong believed that he could only acquire about 10% of Wheelock's shares at best. Such a small amount of shares would not be enough to establish a major position, so he thought it would be better to use it directly to trade with the shipping king.
It’s different now!
Huang Shitong unexpectedly acquired 20% of the shares without any hesitation!
This made Lu Wendong keenly aware that these foreign companies and compradors were preparing to accelerate their evacuation of Hong Kong Island. For Lu Wendong, this was an opportunity to take advantage of.
Furthermore, Lu Wendong had already unearthed some assets belonging to the Hongxing and Jiang families through the account books. He estimated the market value to be around 10 billion.
Taking into account various factors, Lu Wendong believed that he could definitely give it a try.
Huang Shitong asked cautiously, "Mr. Lu, do you want both?"
Lu Wendong clenched his right fist and said forcefully, "I want both!"
Huang Shitong pondered for a moment and said, "Mr. Lu, I have to remind you that Wheelock has fallen into a quagmire of debt."
"It has also ordered two cargo ships from Denmark worth $4 million, but the board has been dragging its feet on paying this money."
On the surface, Wheelock's operations cover investment holding, merchant banking, finance, securities, futures trading, shipping, trade, wholesale and retail, real estate, aviation, tourism, insurance and manufacturing.
The scope of investment has also expanded from Hong Kong Island to Southeast Asia, Australia, North and South America, etc. In fact, Wheelock's core business is still Hong Kong's real estate and shipping.
The reason for this was that Wheelock's chairman, Madden, had lost confidence in Hong Kong's future due to the unrest in mainland China, and so he implemented a strategy of floating on the high seas. Simply put, this meant selling off the group's fixed assets, using the funds to purchase a large number of bulk carriers in order to actively develop the shipping industry.
This enabled a strategic transfer of assets! Unfortunately, the shipping industry was in decline at the time!
Because of Madden's strategic decision, which resulted in a 317 error, Wheelock's profitability plummeted, dropping directly from annual profits of several billion Hong Kong dollars to just 3 million Hong Kong dollars this year! "No problem."
Others don't know, how could Lu Wendong not know?
After the signing of the Sino-British agreement, Hong Kong people who have regained confidence in the future of Hong Kong Island will continue to invest in the stock and property markets.
At the same time, mainland China began arranging for state-owned enterprises to list in Hong Kong, bringing with them a large amount of capital! Historically, this was called red chip support!
Lu Wendong is very familiar with Wheelock and its several listed subsidiaries, such as Lane Crawford, Realty Development, Wheelock Shipping, United Enterprises, Real Estate Investment Trust, Harriman Development, and Po Fook Development.
All of them are profitable companies!
The reason why it does not work well is because of two reasons.
One reason was that the Madden family, the founders of Wheelock, were not optimistic about the future of Hong Kong Island and chose the wrong business direction. Another reason was that the Madden family was at odds with the family of Zhang Yuliang, the major shareholder of Wheelock!
This discord has reached a point where it's as deadly as fire and water!
The situation was so severe that Zhang Yuliang would oppose any suggestion made by the Madden family, and vice versa. The fact that Wheelock has managed to hold on to this day despite this situation speaks volumes about its financial strength.
Huang Shitong nodded: "Mr. Lu is very courageous." "Good."
"As long as Mr. Lu's banknotes are intact, I will definitely help Mr. Lu get it done!" After Lu Wendong went out, he went to find Zhang Yuliang.
Zhang Yuliang’s home is easy to find. It is located at 8 MacDonnell Road and is a five-story residential building.
This family is quite interesting. In terms of actual wealth, the Zhang family is definitely ranked among the top ten in Hong Kong Island. However, this family is notorious for being stingy, not only to others but also to themselves.
For example, the Zhang family is clearly one of the richest families in Hong Kong, yet since the 50s, the entire family has lived in their ancestral home at 8 MacDonnell Road! They claim to live together and share their wealth!
Eat together, live together, and wear together.
In fact, it means treating family members as slaves...
In his previous life, Lu Wendong knew this family very well, because the Zhang family was a typical example of good people not being rewarded and disasters lasting for thousands of years! Standing on McDonald Road, Lu Wendong looked at the Zhang family ancestral house in front of him, and he couldn't help but sneer in his heart.
Initially, the Zhang family sold woven goods, and later expanded into mountain products. It was Western medicine that truly propelled the Zhang family into great wealth.
Hong Kong Island is a humid and hot place, making it easy to get sick.
In addition, the mainland was at war at the time, and countless displaced people came to Hong Kong Island with their families, causing the population of Hong Kong Island to soar. The Hong Kong government at the time did not take any measures to prevent health problems.
Even charitable organizations established by Chinese people, such as the Tung Wah Group of Hospitals, are unable to cater to everyone. Consequently, Hong Kong Island has become a den of disease!
Disease is rampant!
Western medicine was a life-saving miracle drug for everyone at that time!
Not to mention that the mainland was in urgent need of Western medicine at that time!
At that time, as long as someone could get Western medicine, it was like having a money printing machine at home.
Normally, even just reselling them would make a ton of money. However, the Zhang family's actions were truly outrageous!
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