Originally this was a very happy thing, but Bao Yugang, Dong Haoyun and Huo Yingdong were all excited when they heard the deal was reached. Bao Zixuan only used a pile of soil to replace so much industrial equipment. It seems that the value of this soil is really incredible. Germans are not fools, they must have decided to exchange after seeing the important value in it. This made the three people very optimistic about the future of Bao Huo Dong's company, and the future must be bright.
Bao Yu just came to the UK after successfully negotiating with Shen Bi about the loan. This time he wants to inspect his companies in the UK and order a few cargo ships. Trading with the Germans requires a lot of capacity, even if the two ship kings join forces, they may not be able to adjust it. I was in a good mood during my stay in the UK, but the good mood didn't last long. An accident happened in Xiangjiang, which can be said to be a fire in the backyard.
The story took place in the late 1970s and early 1980s. The protagonists were all prominent local tyrants at that time. The male No. 1 Bao Yugang, the world's ship king, was one of the most powerful local tyrants in Xiangjiang. He was the first Chinese director to enter the British-owned HSBC Bank, and was knighted by the Queen of England in 1976. The male No. 2 Jardine Matheson (and its subsidiary Landmark), one of the four major foreign firms in Hong Kong. The third male is Li Chaoren.
1: Story background
Before the big play, let me explain the background.
Let's talk about Lord Bao first; he was born in a businessman's family in 1918. His father, Bao Zhaolong, has been doing business in Hankou all the year round. Sir, at the age of 13, he studied in Shanghai and entered the Wusong Merchant Shipping College to study shipping, which was a popular major at that time. After the outbreak of the Anti-Japanese War, he moved to Chongqing and worked as a clerk in a bank. In 1938, he returned to Shanghai and worked in the Insurance Department of the Central Trust Bureau. He went from an ordinary employee to the vice president of a Shanghai-listed bank. He has a bright future. In 1949, when the sun and the moon changed, the Lord and his father took hundreds of thousands of yuan of savings and went to Hong Kong to explore the world.
Sir, who just arrived in Xiangjiang, started a small business and saved some money. The Lord is from Ninghai, a child who grew up by the sea, and has a deep love for the sea, and proposed to engage in shipping. Although his parents were against it, Sir Sir was determined, and the funds were not enough for friends to come together. He spent 700,000 dollars and went to the UK to buy an old cargo ship. Global Shipping Group was established in 1955.
At that time, the shipping industry generally adopted the short-term charter method. One voyage was settled once, and the fee was high, and the price could be raised at any time (the shipping was very popular at that time). Jue Ye has a unique vision, using long-term charter, leases the boat to others in 3 years, 5 years or even 10 years, and collects the rent on a monthly basis. Although the rent is low in this way, the risk is small and the cash flow is stable. Relying on a stable business model, Mr. Jue has grown steadily, and has become the first Chinese businessman and the world's number one in shipping.
But flowers never bloom for a thousand days. In the 1970s, due to the fourth Middle East war and the civil strife in Iran, there were two oil crises. Western masters began to drill oil fields in their own countries. Oil fields in the North Sea in Europe and Texas in the Americas began to produce oil. RB began to store oil in the early 1970s. With a lot of money, oil imports began to be drastically reduced, and the shipping industry suffered a huge impact. The commercial sea of Jue Ye has been up and down for decades. The old driver, seeing the signs of something wrong, immediately began to withdraw. In the late 1970s, in the early stage of the shipping industry depression, Jue Ye resolutely The oil tanker in hand was sold at a substantially low price, and before the huge waves of the ship disaster hit, the beach was lightning fast, ready to land.
Now, let's talk about Wharf. The history of the Wharf can be traced back to 1871, when the British businessman Paul Standard Chartered established the Hong Kong Wharf and Warehouse Company in Hong Kong. Due to the land restrictions in Wanchai, it moved to the west side of Tsim Sha Tsui, Kowloon in 1875, and later changed its name to Hong Kong Kowloon Wharf and Warehouse Co., Ltd. referred to as the Wharf. In addition to the founders, the major shareholders also include Jardine and other foreign firms. After Standard Chartered hangs, the Wharf falls into the hands of the Keswick family of Jardine Matheson.
Li Chaoren was the first to kill with a horse and a knife.
It is said that Li Chaoren coveted Wharf, and sent people to investigate the enemy's situation first, and the spies reported back. The Jardine Department holds less than 20% of Wharf's shares in total. As long as they secretly eat 20% of Wharf's shares, they can follow Jardine. open. At that time, Wharf issued less than 100 million shares, and the market value per share fluctuated between HK$13 and HK$14 all the year round. It was a penny stock on the Hong Kong Stock Exchange. By the beginning of 1978, the market value was not more than HK$1.4 billion. Considering the large site and scattered properties in the Wharf Wharf, the value could at least double, which is obviously underestimated. So Li Chaoren set up a group of dark disks, quietly absorbed them, quietly dropped into the village, and did not want to shoot.
But for this kind of penny stock, Li Chaoren's buying is still very obvious. The turnover of the Wharf warehouse began to rise sharply, and professional speculators with a keen sense of smell began to be dispatched. Wharf's share price jumped to an all-time high of 46 yuan per share. At this time, Li Chaoren's position was less than 20 million shares. He felt that the stock price was too high, so he paused for a while, and then increased his holdings of Wharf to 20% at a slightly lower price.
At this time, any fool knows that someone is going to build Wharf, not to mention an old driver like Yihe. If Li Chaoren wanted to take down the Wharf, he had no choice but to take the bow. But at that time, although Superman was a local tyrant, he was not particularly rich, and the ammunition was not particularly sufficient. Moreover, the opponent was not a good stalker. After all, they were old-fashioned foreign firms. Therefore, it is still very difficult for Li Chaoren to enter the Wharf.
Look at Yihe again, someone moves his horse, can you stare? cut! The Jardine Department began to copy the guys and purchased the shares held by retail investors at a high price in the market to enhance its control over Wharf. Bat! Jardine's cash reserves are also insufficient, and it is impossible to increase the shares of Wharf to an absolutely safe level. It is said that Shen Bi, the head of HSBC, personally mediated and advised Li Chaoren to give up the acquisition of Wharf.
Li Chaoren is a shrewd person and thinks that it is not appropriate to make enemies with Jardine and HSBC at the same time. In the future, the development of CK Asset will depend on the support of HSBC. If HSBC's face is swept away, HSBC's loan will support Jardine, and it will be no use to eat Wharf. After weighing the importance, Li Chaoren finally agreed to Shen Bi to stop the acquisition of Wharf shares. At this time, Li Chaoren has acquired nearly 20 million shares. Is it the largest shareholder of Wharf? Li Chaoren looked confused, because Yihe has not disclosed the number of shares he has increased.
Li Chaoren sold all his shares to Bao Yugang after the last sneak attack on Wharf failed, although it temporarily calmed the worries of Jardine Matheson. However, the Keswick family is more worried, after all, Bao Yugang's strength is far more than Li Chaoren. They drove away tigers, so to speak, and ended up attracting lions. But until there is no better way, it can only be tolerated.
It didn't see that Bao Yu had just come forward and loaned out so much money from HSBC. Even if Shen Bi had a good relationship with him, it was impossible to favor him without bottom line. No matter how powerful a person was, the amount of credit granted was limited.
In fact, according to the original script, the battle for the "Wharf warehouse" in Hong Kong was that Sir Pao Yugang's acquisition of the Wharf began on June 19, 1980, and ended on June 25 of that year. Wharf belongs to the British-owned Jardine Harmony Group. In Hong Kong in the 1970s, the financial resources of Chinese capital were thin, and Jardine only held 5% of the shares of Wharf and controlled the company. With the rise of land prices in Hong Kong, the strength of Chinese real estate has grown rapidly. In September 1978, Bao Yugang's family owned 20% of the shares of Wharf, and he joined the board of directors of Wharf as a major shareholder. The British capital was not willing to have its status threatened. In December 1978, the Jardine Land Company held 20% of the shares in Wharf, which was close to that of Bao Yugang. This equity control war lasted for nearly two years, and finally a thrilling equity scramble broke out in 1980.
On June 19, 1980, Landmark announced the purchase of additional shares in Wharf, on the condition that the shares of Landmark and a bond were exchanged for shares of Wharf, that is, about RMB 100 in exchange for Wharf shares with a price of RMB 77. The Bao Yugang family immediately fought back. On June 22, Bao Yugang announced that he would bid 105 yuan per share in cash to acquire 20 million shares of Wharf in the market. In this way, Bao Yugang's family's holdings of Wharf shares would increase to 49%, and the entire operation would cost up to 20 million shares. 2.2 billion Hong Kong dollars. The next day, in just a few hours, Bao Yugang completed the acquisition of 20 million shares of Wharf. Landmark took the opportunity to sell 10 million shares of Wharf to Bao Yugang, valued at HK$1,000.05 million. So far, the family of Bao Yugang, a Chinese capital, has acquired a controlling stake in Wharf.
But now Bao Yugang had already looked for Shen Bi once for Bao Huodong Mining Company. If he was looking for him, no matter how much face he had, it wouldn't necessarily work, so when Bao Yugang received the news, he didn't know what to do for a while.