I Want To Be a Rich Man on Hong Kong Island

It's another Spring Festival!

The Yangtze River Center has put on a Chinese-style exterior for the citizens of Hong Kong Island, and the Chinese elements can be seen thereafter;

In the words of foreigners, the center of the Yangtze River at this time is a red ocean, with red lanterns, red billboards, blessing characters, and red banners.

Every Spring Festival, the center of the Yangtze River is undoubtedly the place with the strongest Chinese culture, so many Hong Kong residents go there;

And this year, a New Year’s shopping street was set up outdoors in the Changjiang Center shopping mall, attracting many Hong Kong residents from afar.

Wu Guangyao also put down work a few years ago to concentrate on being with his family, especially the children;

The eldest son Wu Xianshuo is studying in the United States, and this year he was absent from spending the Spring Festival with his family again.

Years ago, Wu Guangyao took his family through the crowded center of the Yangtze River. The children loved the excitement and were very happy.

In the next few days, we will meet relatives and friends again, which is very lively

After the Spring Festival, the citizens of Hong Kong Island, immersed in the atmosphere of the New Year, have hope for life in their arms and devote themselves to work in the new year.

At the beginning of the new year, rumors suddenly spread in the stock market that Jardine Matheson would hostilely acquire China Gas, a subsidiary of Wheelock, which made Ma Deng, the chairman of the board of directors of China Gas, nervous.

Therefore, Little Madden recruited another major shareholder of Wheelock, the Locke family, to conspire to ensure Wheelock's control over China Gas.

China Gas Co., Ltd. is the oldest gas company in Asia. In 1862, in order to solve the gas supply problem in Victoria City (now the Central and Western District of Hong Kong), then Governor Robertson granted the franchise of Hong Kong Gas to Mr. Glen.

More than a hundred years ago, electric lights had not yet been invented, and most people used gas lamps for lighting.

When the time came in 1954, China Gas Company began to be favored by capital, and Wheelock \u0026 Co. acquired the Gas Company;

In 1960, Wheelock \u0026 Co. listed China Gas Company;

Wheelock is currently controlled by two major families, the Madden family of Wheelock and the Rock family of Canada.

Thomas, the head of the Locke family, said: "Could it be just a rumor?"

Thomas didn't quite believe the rumour,

At this time, the society believed that only wealthy families could afford to use gas, so Jardine Matheson would not hostilely acquire China Gas, which is also a British capital.

John Madden shook his head and said, "It's better to believe what you have than to believe what you don't! Regardless of whether Jardine Matheson is interested in China Gas, we need to strengthen the control of China Gas. Currently Wheelock holds 25% of the shares. %, obviously Jardine Matheson has a great opportunity!"

John Madden continued: "Can your family increase their shares?"

Thomas immediately said: "I'm afraid not. Our family has invested a lot recently, so we don't have the money to increase the shares of China Gas. Isn't your Madden family well-funded?"

Thomas said that if you have money, you don’t want to spend it, so let our small family pay for the share increase.

John Madden said with a wry smile: "The Madden family has invested heavily in recent years, and funds are also very tight."

The two were a bit helpless, after all, the strength of Jardine \u0026 Matheson was much greater than that of Wheelock;

And Wheelock has been investing heavily since the mid-1950s, putting its eggs in hundreds of baskets.

Madden racked his brains to think of countermeasures, and finally patted his thigh after a long time, which surprised Thomas.

"Let's go to a securities firm that is low-key and has a big client in hand to discuss how we can join the power of foreign investors and save the day."

Thomas's eyes lit up, this method is a good one!

Thomas asked, "Which broker?"

Madden said: "How about Everbright Securities? Behind Everbright Securities is Wu Guangyao, the richest Chinese man in Hong Kong Island. He and I have a good relationship in private."

Thomas frowned, and said distrustfully: "Wu Guangyao is rich and powerful, what if we lure wolves into the house? What's more, he maliciously bought China and Pakistan some time ago, he is not a kind person."

Ma Deng immediately shook his head and defended Wu Guangyao: "Wu Guangyao did not hostilely acquire China-Pakistan Company. It is said that the second ancestor of the Yan family of China-Pakistan Company molested Wu Guangyao's concubine, which led to the acquisition. And As far as I know, Wu Guangyao attaches great importance to his reputation, if we take the initiative to lure him into the stock, he will definitely not hostile takeover."

Seeing that Madden believed so much, Thomas had no choice but to nod, at least he had pulled one person and balanced the strength with Jardine.

Madden first approached Liu Yu, the person in charge of Everbright Securities, and explained his intentions!

Upon hearing this, Liu Yu pretended to think for a while, and then recommended his boss Wu Guangyao, thinking that there was no one more suitable than his own boss in Hong Kong Island, and gave two reasons:

First, his boss, Wu Guangyao, has sufficient funds to use freely.

Second, my boss is a well-off and honest businessman who is recognized as not being pushy, and it is the safest to cooperate with him.

Liu Yu also assured Madden that his boss, Wu Guangyao, would never take advantage of others' dangers and make profits from them!

After hearing Liu Yu's words, Madden became more certain of his analysis. Wu Guangyao was already a leader of the Chinese community, and he would definitely protect his reputation.

Therefore, Madden agreed with Liu Yu's point of view

Ritz-Carlton Hotel, western restaurant.

Wu Guangyao looked at Madden and Thomas who came to the door, and he had already learned the whole story from Liu Yu.

For Towngas, Wu Guangyao has always had an idea. He originally planned to take over Towngas from them when the two big Wheelock families had conflicts in the 1970s and the company had an internal crisis.

After all, according to history, it was at that time that China Gas was dumped by Madden to Li Mingze and He Yanxi, and then China Gas was gradually acquired by Li Shauji as a major shareholder.

Although China Gas in later generations is only a piped gas supplier on Hong Kong Island, it also has a subsidiary in the Mainland, which is very famous, and that is Towngas China.

Wu Guangyao wants to take over China Gas, but also wants to see if he can enter the oil field through China Gas.

Wu Guangyao said politely: "I already know the reason for your visit. First of all, I would like to thank you for your trust!"

Madden also said modestly: "We asked Mr. Wu for help, and we thank you for your help."

Wu Guangyao didn't talk nonsense, and directly said to Liu Yu next to him, "Manager Liu, how many shares do I need to buy so that others will not have the opportunity to maliciously buy China Gas."

China Gas has only 7.8 million shares, and the value of each share is only 4.2 Hong Kong dollars, which is a small company. Of course, this is only for Wu Guangyao.

Liu Yu said seriously: "In this case, generally only 10% to 15% of the shares are needed to ensure that the hostile taker will back out."

Wu Guangyao nodded and said to Madden: "Then I will buy 10% of the shares first. If there is a hostile takeover later, I promise to help Defeng fight back. What do you two think?"

When Madden and Thomas heard this, they immediately cheered up. When Liu Yu said 15%, the two still hesitated. You must know that 15% is already close to the shareholding ratio of the major shareholders.

Unexpectedly, Wu Guangyao said that he would only buy 10% of the shares, and promised to help the two of them again if necessary.

Madden quickly said: "That's very grateful to Mr. Wu!"

Wu Guangyao said with a smile: "I don't know the Marden family. Mr. Marden and I have been old friends for many years, so we should. Besides, Mr. Marden invited me because he felt that I I am also very happy to be trustworthy!"

During the whole process, Wu Guangyao did not mention any conditions, and only made some optimistic remarks about the future of China Gas.

This reassured the two families of Wheelock. Since Wu Guangyao did not mention the matter of joining the board of directors, it means that Wu Guangyao was purely out of help and investment from friends.

After the two left, only Wu Guangyao and Liu Yu remained.

"Everbright Securities has been established for more than half a year, and all the work is almost ready?" Wu Guangyao asked with concern.

At present, in addition to being a member of Buffett's investment club, Everbright Securities also has a 20 million Hong Kong dollar fund on Hong Kong Island, which mainly invests in Hong Kong stocks.

"Well, we have perfected every department, every system, every business." Liu Yu said seriously.

Wu Guangyao said: "Well, I can afford to recruit more talents! I like Qianlong Zaiyuan, so my request to Everbright Securities is: be ready at any time!"

The financial industry will also be Wu Guangyao's cash machine in the future, provided that he is fully prepared!

For example, preparations for offshore funds and financial teams require a process;

The most important thing is that my eldest son has grown up and can come back to take over at any time.

In 1967, the Hong Kong stock market was able to buy bottoms wantonly, which was an opportunity!

As for the U.S. stock market, there was a big plunge in the second half of 1969, and a lot of cheap stock prices in the 1970s made Buffett very happy.

And gold, oil, etc.