Rebirth of the Strongest Tycoon

Chapter 694 Hutchison Whampoa should move

Rebirth: The Most Powerful Heng 694 Author Huang Laoshi Full text 2586 words

A look of embarrassment appeared on Wang Liang's face, and he spoke in a eloquent manner. "Chairman, we Mannings Pharmacy are facing a problem that we cannot solve at our level. This involves unfair competition." With your full support, the company's stores have expanded rapidly, but in the daily chemical, health care, beauty and other markets, Watsons has always been the first, and we are now the second." "Now the company has forty-eight stores. There should be so few, just because there was trouble in the middle." "When we were selecting and renovating the site, some of them happened to be on the site of Hutchison Whampoa. These sites are very good, but they are either not leased to us, or they are leased to us. There are always problems with the property, and the supply of water and electricity is unstable, which has caused a series of impacts." "As a last resort, I closed three stores and reopened them in another location, which caused a certain impact and delayed the company's store opening deployment. After Wang Liang finished speaking, Fu Kai, the general manager of 7-11, also raised his hand and said after Xia Yu's approval: "Chairman, in fact, we also have this problem. Among the properties of Hutchison Whampoa, It is difficult for us to open a store. We discovered this problem from the beginning. In order not to affect the company's plan, we adjusted the store opening plan. If we want to open a store in the later stage, it will inevitably be within the property scope of Hutchison Whampoa. I am worried at that time. There will be trouble." "I see!" Xia Yu said with a frown, knocking on the table to let the two sit down. "Do you have such a situation?" Xia Yu looked at the others and asked. Everyone shook their heads, indicating that they had not encountered it for the time being. For a while, the atmosphere in the office was a little stagnant. Because Hutchison Whampoa, a British-owned giant consortium, is involved, they are really not qualified to make decisions at this level, and can only rely on Chairman Xia Yu. "Haha!" Xia Yu chuckled lightly, seeming to be amused and annoyed. He knew it in his previous life, and when Hutchison Whampoa was in the hands of Li Jiacheng, he also took advantage of this unfair competition. Especially in the field of supermarkets, Walmart, Carrefour, etc. opened on the site of Hutchison Whampoa before, and they experienced water and power outages. The last one to withdraw from Xiangjiang in embarrassment, making the Hong Kong supermarket retail field dominated by Watsons. At that time, these foreign supermarket companies often criticized Hutchison Whampoa, but Hutchison Whampoa did not admit it at all, throwing the blame away. This kind of thing is not easy to determine, and there is no evidence that can prove Hutchison Whampoa. There is no way, Xiangjiang is Li Bancheng's territory, and they can only admit it. Unexpectedly, Hutchison Whampoa was not acquired by Lao Li in this life, and he also used this trick. But I have to say that although this is very unpleasant, it is only a form of business competition. Watsons is backed by Hutchison Whampoa. If it does not understand the background of use, it will not develop to the first place in this field. . Don't those big financial groups often rely on this kind of measure to defeat rivals in the same field and finally achieve a monopoly? Even if it is Xia Yu, if he feels a threat from a company, he will not let the other party make waves on his own territory. Having said that, since Hutchison Whampoa has done this, then Xia Yu must be resolved. Thinking about it carefully, it’s time to close the network for so long. The blood of the Jardine Consortium has cooled, presumably Qi Dezun is not so vigilant. And the Jiuding Consortium has already digested Jardine's assets almost as much, so it's time to hunt again! Thinking so in his heart, Xia Yu did not plan to tell Wang Liang and the others, so as not to have a lot of people talking, accidentally leaking it out and causing unnecessary trouble. "I will resolve this matter and temporarily avoid Hutchison Whampoa's site development." Xia Yu said lightly. Wang Liang and Fu Kai nodded and said, "Okay!" "Are there any other questions?" After the meeting, everyone followed Xia Yu's instructions, and Xia Yu left for Jiuding Securities Company. Calling Wang Qi to the office alone, and after closing the door, Xia Yu asked, "Wang Qi, how is the situation in Hutchison Whampoa?" As soon as these words came out, Wang Qi's spirit was lifted, and he immediately realized that the chairman finally wanted to Hutchison Whampoa started.

He has been waiting for this day for a long time! Thinking of this, Wang Qi said to wait a moment, and immediately opened the built-in safe in a bookcase, took out a thick stack of materials, and presented it to Xia Yu. "Chairman, please take a look, this is all the preparations we have made for the acquisition of Hutchison Whampoa, as well as the information we have collected." Xia Yu raised his spirits and looked at it from the beginning. The first is the most important shareholding information. Hutchison Whampoa has a total share capital of 350 million shares, and there are two super-large shareholders on the bright side. The largest shareholder is Qi Dezun. At this time, Qi Dezun holds a 34.8% stake in Hutchison Whampoa, more than 120 million shares. When the Jardine Consortium was not attacked by Xia Yu last year, Qi Dezun didn't actually hold so much equity, only about 20%. After all, before the merger of Hutchison and Whampoa, Qi Dezun was only in charge of Hutchison International, and he was not the founder of Hutchison. . However, after the merger of Hutchison International and Huangpu Shipbuilding, his shareholding ratio naturally fell sharply. Until 1975, when the strategy failed and fell into a dilemma, Hutchison Whampoa was taken over by HSBC, and he also retreated behind the scenes. However, although Qi Dezun held 34.8% of the shares at this time, more than one-third of them were acquired through leveraged buyouts in the past year, in order to defend against acquisitions by others. Over the past year, thanks to the influence of the Hong Kong stock market's rise, the market value of Hutchison Whampoa has also risen to 6.87 billion Hong Kong dollars. But Qi Dezun still lost a lot, because the leveraged buyout shares did not receive dividends, but Hutchison Whampoa continued to lose money. The impact of this part of the loss must naturally be distributed to him. And using the bank's funds to leverage the acquisition of stocks, it also costs a lot of interest. In addition to Qi Dezun, the second largest shareholder is HSBC Bank. At this time, HSBC holds 31.75% of the equity, which is a decrease from 33.65% last year, and the decreased equity is in the hands of Qi Dezun. As a result, the two major shareholders, Qi Dezun and HSBC, have a shareholding ratio of 66.55%, almost two-thirds of the total share capital. In addition to these two major shareholders, there are some small shareholders and retail investors. But what outsiders don't know is that many of these small shareholders and retail investors are the vests of Jiuding Securities. All vests combined, Jiuding Securities holds a total of 22.75% of Hutchison Whampoa's equity. Under the circumstance of Qi Dezun's high vigilance, it took nearly a year to complete these acquisitions in secret, which is not easy. The rest are real retail investors and minority shareholders, with a combined shareholding ratio of 10.7%. These retail investors and small shareholders have the essence of nail households and will not easily sell their stocks. And these people are also very alert. In order not to be exposed, Jiuding Securities Company did not acquire any more. After reading this, Xia Yu was quite satisfied. The 22.75% shareholding ratio has reached the preconditions for launching an attack. As long as the operation is done properly, it is not difficult to surpass Qi Dezun to become the largest shareholder! PS: This pit has been buried for more than a year, and it is time to fill it up. Ask for a ticket.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like