Rebirth of the Strongest Tycoon

Chapter 713 Monopoly 3 Industries

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Xia Yu smiled lightly and said, "Then I will exercise the rights of a major shareholder, take over the board of directors, and immediately start the company's rectification to divest Hutchison Whampoa's non-performing assets."

"I think the three businesses of real estate and infrastructure, ports, and retail must be separated and developed separately, and financing and share expansion is certain."

Although Xia Yu said these words lightly, they exploded in Qi Dezun's ears like thunder, which made him suddenly change his color.

"Mr. Xia, are you threatening me?"

Qi Dezun's face was flushed with anger, and his eyes were about to breathe fire.

Although the current Hutchison Whampoa directly or indirectly controls more than 200 companies, the three major businesses are the most dazzling, and it is these three businesses that contribute huge profits that have enabled Hutchison Whampoa to support it to this day.

Needless to say, these three major businesses, real estate and infrastructure, rely on the huge land reserves of the British consortium. Hutchison Whampoa is properly one of the major landlords in Xiangjiang, and the top ten real estate developers have it.

The port business is the cornerstone of Hutchison Whampoa.

Among the 24 ports of call in Hong Kong, the Hutchison Whampoa family owns 14 berths, especially container ports, and Hutchison Whampoa occupies the majority.

Hong Kong Port is one of the busiest international container ports in the world. It is backed by the mainland and is also a major hub port in the global supply chain. It ranks first in the world in terms of container throughput for several consecutive years.

With such data, it is conceivable that Hutchison Whampoa has earned terrifying profits, as well as its powerful influence.

As for the third retail business, the most important ones are Watsons and Parknshop.

Now Xia Yu's Wanning Pharmacy is behind Watsons in Xiangjiang, let alone Xiangjiang!

As for ParknShop, which was established in 1973, it has been the largest supermarket company in Hong Kong until the rise of Wellcome Supermarket in Xia Yu, but ParknShop is still slightly ahead of Wellcome Supermarket.

If these three businesses are stripped out, and then financing and share expansion, Qi Dezun can completely imagine that his shareholding ratio will keep shrinking when he can't make money, and he will finally be cleared out.

Xia Yu has both money to spend with him and the absolute management right of Hutchison Whampoa, so he can't resist at all.

If Xia Yu was a little darker,

It is completely possible to divide Hutchison Whampoa and throw non-performing assets to him, and he will be tricked to death at that time!

Xia Yu shook his head disapprovingly: "Mr. Qi Dezun, this is not a threat, I'm just giving you a kind reminder."

There is a saying that those who know the times are Junjie.

After Qi Dezun was angry, he gradually recovered his calmness. He knew that the hard one would definitely lose, so he could only struggle for the last time and try the soft one.

I saw Qi Dezun calmly said: "Mr. Xia, in fact, you have already obtained so much equity, I will not affect his control of the company, and Hutchison Whampoa has grown to this level in my hands. I know it very well, and if the two of us cooperate, I believe Hutchison Whampoa will definitely get out of the quagmire faster.”

When there is no room for resistance at all, it is whimsical to want Xia Yu to bring him to make money!

Xia Yu didn't give face at all, and said bluntly: "Mr. Qi Dezun, I am more confident and don't need your help."

"So you'd better make a price!"

"By the way, one more thing, HSBC sold the equity to me at a discount of 80%. If you don't believe me, look at the contract carefully!"

Qi Dezun looked at the contract with an ugly face, and sure enough, the transfer price written on it was equivalent to about 80% of yesterday's stock price.

"Damn Shen Bi, damn HSBC, they are definitely British traitors! They should be hanged!"

Qi Dezun cursed in his heart.

Asking him to transfer his shares would cost him his life. How could it be possible to transfer at a low price? This is absolutely impossible!

He shook his head suddenly: "Mr. Xia, HSBC is HSBC, I am me, if you want to buy my equity at the transaction price with HSBC, it is absolutely impossible, I would rather fight with you to the end, anyway, wait for me If I die, I can't take this money with me!"

Xia Yu was overjoyed, Qi Dezun's position was finally shaken, he was willing to sell it, but he was not satisfied with the price?

Just talk!

Next, Xia Yu began to negotiate the price with Qi Dezun.

You come and go between the two sides, and finally Xia Yu directly threatened, saying that it was a big deal to raise funds and expand shares.

Only then did Qi Dezun soften, and he finally fought for one, not based on today's stock price, but based on the stock price at the close yesterday afternoon, and transferred all the equity to Xia Yu at a fair price.

Yesterday afternoon, Xia Yu had asked Wang Qi to suppress the stock price. At that time, the total market value of Hutchison Whampoa was 6.74 billion Hong Kong dollars.

Qi Dezun's shareholding ratio is 34.8%, worth 2.345 billion Hong Kong dollars.

At 4:20 in the afternoon, all the procedures of the transaction were finally completed. Qi Dezun's account had more than 2 billion liquidity, but he couldn't be happy.

Xia Yu couldn't control Qi Dezun's mood. At this time, he was counting the fruits of his victory.

After acquiring the shares of HSBC and Qi Dezun, Jiuding Securities holds a total of 89.3% of Hutchison Whampoa's equity.

Capital consumption was HK$490 million.

Fortunately, he had previously deposited three billion US dollars in the special account of Jiuding Securities, otherwise no one would be able to take out such a large sum of money in such a short period of time in the whole of Xiangjiang.

Now there is still 10.3% of the equity in the market, Xia Yu is going to privatize Hutchison Whampoa according to the previous routine.

Of course, Hutchison Whampoa will definitely go public in the future, but the current Hang Seng Index is still far from Xia Yu's expectations. Even if it wants to go public, it will take another two years to launch the company in one fell swoop.

Prior to this, we should make great efforts to integrate Hutchison Whampoa with our own assets to maximize the utilization of resources.

Wharf originally had three ports of call, and Hutchison Whampoa had fourteen. As a result, Xia Yu had seventeen of the twenty-four ports of call in Xiangjiang alone, more than 70%.

No matter what kind of ship king, as long as you want to do business, you have to look at Xia Yu's face.

With Watsons and the original Wanning Pharmacy, Xia Yu instantly monopolized the retail market of Xiangjiang medicinal materials, cosmetics and health products, and it is estimated that it can reach 80%.

He also owns the No. 1 Parknshop and No. 2 Wellcome Supermarket, and he controls more than 70% of the retail trade in Hong Kong.

That is to say, from the moment of the acquisition of Hutchison Whampoa, three industries in Hong Kong have been substantially monopolized by him.

At the same time, Xia Yu arranged for Wang Qi to carry out privatization work, and ordered Standard Law Firm and Standard Accounting Firm to enter Hutchison Whampoa to take over the financial and legal affairs of the group.

The next day, the news of Hutchison Whampoa's application for privatization came out, and Xiangjiang was shocked.

But Xia Yu quietly put Elena on the plane, and Xia Yu didn't leave until the plane took off.

The first thing I did when I went back was to go to Hutchison Whampoa to appease people's hearts, and then urgently held a high-level meeting of the Jiuding Consortium.

There is only one theme in the meeting, which is to divide the cake. The more than 200 companies formed by Hutchison Whampoa are screened out. The heads of each company select companies that can strengthen themselves and reduce the burden on Hutchison Whampoa.

Hutchison Whampoa is too bloated. Many companies are actually very good, but they have suffered losses due to management problems or corruption. Xia Yu believes that these companies should be able to revive after being annexed by companies under the Jiuding Consortium.

The screening period is one month, and a meeting will be held again after one month for formal division.

There was also an episode after the meeting. Lin Sen, the general manager of IKEA Furniture, reported to Xia Yu that the Swedish IKEA Group rejected his request for acquisition and shareholding.

Xia Yu didn't care, and immediately decided to start the plan of his own brand "Really Home".

In the next few days, the outside world was still disturbed. After Xia Yu asked Wang Qi to deal with it, he came to his other financial company, Galaxy Fund, in a low-key manner.

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