Chapter 159 (The author wishes all book friends a happy new year)
"As long as the foreign exchange balance requirements can be met, then it's fine." Niu Guangli replied.
"So what is your opinion?" Liu Zhicheng asked after thinking for a while.
"I think it's still very cost-effective. We are going to export anyway. There is no other benefit in keeping it in Shekou, but if we keep it in Yangcheng, we can also sell it domestically."
Niu Guangli glanced at Liu Zhicheng and continued, "The only downside is that it requires a joint venture, and we may not have much control over mainland sales. But for exports, we can set up a trading company in Hong Kong to transit."
"It is very difficult to export complete motorcycles, but the export of engines is still feasible. You can talk to them and use our new investment export projects in Shekou to offset the foreign exchange balance." Liu Zhicheng said.
Anyway, in the next step, Liu Zhicheng will move the production of game consoles and arcade machines to Shekou. Now he can exchange it for an industrial market, so why not do it?
"Okay." Niu Guangli replied.
"In fact, we don't need to worry about whether it is a joint venture or not. It doesn't matter. Even if we only have 49% of the shares, the bulk of the profits will still be ours. The market here in the mainland is actually not small."
Liu Zhicheng took a sip of tea and continued, "The most important thing is that we need to cultivate brand awareness, and it doesn't matter if we give some of the profits to the mainland joint venture partner."
In the past, as long as the enterprises were not sensitive, such as automobiles and heavy industry, they could build factories with wholly foreign capital in 86. Whether it was a joint venture or not could be resolved at that time.
"Okay, I'll reply to Director Zhao." Niu Guangli nodded.
He only needs to get the boss's intention of whether to invest or not, and the rest of the details will naturally be controlled by them.
"Yangcheng has a very high economic status in the country. This is our first investment in Yangcheng. We will try our best to make the cooperation a success," said Liu Zhicheng.
"Okay, no problem." Niu Guangli agreed.
…………
The Hong Kong media, somehow finding out that Liu Zhicheng had purchased a Boeing 747 private jet, began to hype up the private jet of Liu, the richest man in the country.
At the same time, some media also dug out Liu Zhicheng's Peak yacht. Compared with private jets, cruise ships parked at the dock are easier to access.
Moreover, no matter how luxurious or simple the interior of an airplane is, its appearance is the same, while a cruise ship is completely different.
However, the port where Liu Zhicheng’s cruise ship was located was also privately owned.
Ordinary people can’t get in at all, unless you have fair skin, beautiful looks and long legs, then you may still have a chance.
During this period, although Liu Zhicheng had just gotten married, Yang Minli was pregnant.
Therefore, every once in a while, many beautiful girls go to the beach on the Peak.
Then, under Sun Lina's arrangement, we boarded this super luxurious cruise ship.
Of course, a cruise ship will not stay on the shore all the time. Its mission is to go to the sea.
Every time after coming back from a trip to sea, Liu Zhicheng would say: This is life!
……
Time quickly came to March.
Hong Kong River, Federal Building.
"Mr. Guo, you're here really early." Liu Zhicheng had just arrived at the company when he saw Robert Kuok already waiting for him. This was a little earlier than the time they had agreed upon.
"There's no other way. The reporters in Hong Kong are watching you now. I don't want to be photographed by reporters entering and leaving the Federal Building frequently, so I have to leave early." Robert Kuok said with a smile.
"So that's how it is." Liu Zhicheng nodded.
"Mr. Liu, please go to Malaya sometime. Our motorcycle factory has been built and we are preparing for mass production." Robert Kuok said with a smile.
"Really? How much production capacity do you have now?" Liu Zhicheng asked.
"We have designed an annual production capacity of 100,000 vehicles. It will take some time to reach this volume."
"Yes." Liu Zhicheng said with a smile: "Congratulations to our Chigo motorcycles for selling well in Malaya."
"Haha, this is a must." Robert Kuok smiled confidently and said, "By the way, Mr. Liu, the Shangri-La Hotel we jointly operate has already started renovations and will definitely be open for business in the first half of next year."
"That's really a series of good things." Liu Zhicheng nodded and said.
Speaking of hotels, Liu Zhicheng thought of his plan to stop China Power and had been thinking of a feint attack plan.
After discussing with Han Chunxi many times, the strategy was to launch a feint attack on the hotel and actually attack the China Power Group.
Even if he failed to take over the big hotel, Liu Zhicheng knew that the stock price of the big hotel group would increase significantly in the future, and he could make a lot of money even if he only regarded it as an investment.
However, even if it was a feint, Liu Zhicheng could certainly do it himself, but it would be better to borrow a layer of skin and then make a surprise victory and take down China Power in one fell swoop.
Isn’t Robert Kuok the best candidate?
He owns the Shangri-La Hotel and wants to develop in Hong Kong. After the sniping began, no one would have thought that Liu Zhicheng would target the Chinese electric operator.
"Mr. Guo, I wonder what you think of the big hotel?" Liu Zhicheng asked tentatively with a smile.
"This is one of the oldest hotels in Hong Kong and one of the most luxurious and famous hotels in the world," exclaimed Robert Kuok.
"What, Mr. Guo, don't you have any ideas? The Kadoorie family has sold a large number of hotel shares in recent years for the development of China Power, so they don't own many shares now?" Liu Zhicheng said with a smile.
Robert Kuok paused. Could it be that this newly-crowned richest Chinese in Asia has set his sights on big hotels?
That’s not right. After he falls in love with someone, there’s no need for him to tell me.
Kuok's eyes suddenly lit up, and he asked with a smile, "Mr. Liu, who are you?"
Liu Zhicheng did not hide anything and said directly: "I want to stop him. If I take a step forward, I can control the hotel. If I take a step back, I can make a profit."
Liu Zhicheng glanced at Robert Kuok and continued, "I would like to invite Mr. Kuok's Shangri-La Hotel to join us in this effort. Whether it succeeds or not, Mr. Kuok will not suffer any losses."
Liu Zhicheng has long been a shareholder of the hotel, with his personal shareholding reaching 9%, all of which were acquired on the stock market.
After listening to this, Robert Kuok looked serious and seemed a little hesitant. Seeing this, Liu Zhicheng told him the ultimate goal.
He said slowly: "To be honest with you, Mr. Guo, my ultimate goal this time is to take over China Electronics.
If Mr. Guo can help me this time, I will compensate Shangri-La in other ways in the future."
Liu Zhicheng never stops talking until he makes a shocking statement. Hearing this, Robert Kuok paused for a moment. After a moment, Robert Kuok smiled and said:
"Mr. Liu, if we finally take over the hotel through this cooperation, how about I own it?"
"Haha, okay, no problem." Liu Zhicheng answered very straightforwardly, because his goal was just to get revenge.
"Mr. Liu, I know you should have acquired a lot of shares of big hotels. How about you transfer them to me at the current market price?" said Robert Kuok.
"So do you really want to acquire the Grand Hotel?" Liu Zhicheng nodded and said, "Okay, I can sell you 9% of my Grand Hotel shares at the current market price." "Thank you very much." Robert Kuok said with a smile, "The Kadoorie family only owns 12% of the Grand Hotel shares. This way, I can successfully become a major shareholder."
Liu Zhicheng couldn't help but frown, and suddenly realized that Robert Kuok seemed to have planned it in advance and was planning to take action against the hotel.
Damn, I hope the butterfly effect won’t be too severe this time. This is somewhat different from the memories of my previous life.
"The only problem is the stocks held by the Liang family. Whoever can acquire their stocks now will win." Liu Zhicheng reminded.
For those who have some knowledge of the history of business wars in Hong Kong, they will know that the Kadoorie family of the large hotel group is only the second largest shareholder, and the first is a family with the surname Liang.
"I will immediately ask someone to make an appointment with Mr. Liang Zhonghao. He owns 20% of the shares of the hotel. As long as we can deal with him, there will be no problem with the hotel." Robert Kuok said with a smile.
"The Liang family has a good relationship with the Kadoorie family. How do you plan to convince him?" Liu Zhicheng asked with a smile.
Because he was only planning to make a feint attack on the hotel, he had never contacted the Liang family.
However, since the Liang family gave the management rights of the hotel to the Kadoorie family, they still trust them very much.
"The Kadoorie family has focused on China Light and Power in recent years, and the Leung family has long had objections.
But they are not in a good mood to quarrel, so as long as the price I offer is high enough, I think it should not be a problem." Robert Kuok said with a smile.
"Indeed, I hope Mr. Guo can achieve his wish as soon as possible." Liu Zhicheng said with a smile.
Robert Kuok has spent his entire life working in Southeast Asia and has earned the title of "Sugar King of Asia".
In fact, his financial resources are no less than those of the ship charter king, and he is determined to develop in Hong Kong this time, so he should have made financial preparations in advance.
If the two of them joined forces, there was no way they could be defeated by the Kadoorie family, whose strength had been greatly weakened by the oil crisis.
“If this is successful, if Mr. Liu is interested, he can also invest again and become a shareholder. We can work together to completely control the hotel.” Robert Kuok said with a smile.
According to Hong Kong law, if the sniper's controlling stake exceeds 34.9%, a full takeover offer is required, which is somewhat uneconomical considering the current market value.
Shit, he just wanted to buy China Power shares from me, and now he wants to buy the hotel shares at a high price himself. His calculations are very clear.
"Okay, no problem." Liu Zhicheng nodded and said, "However, my target this time is China Power, so the acquisition of the hotel can only be done by Guo Sheng himself."
"Okay, Mr. Liu, just wait and watch the show." Robert Kuok said confidently.
"Okay, happy cooperation." Liu Zhicheng said with a smile.
Although Robert Kuok did not make much of a name for himself in Hong Kong, his ability is undoubtedly evident as he was able to rise in Southeast Asia and become the richest man there.
There is certainly no shortage of relevant talents, and there is sufficient funding. There must be large Southeast Asian banking consortiums behind them, so acquiring a large hotel should not be a problem.
Moreover, this is also a process for him to prove his ability. With the support of the richest Chinese in Southeast Asia, if he still can't do it, how can he invest in Hong Kong?
…………
Over the past half month, Hong Kong's stock market has continued to be hot, with the Hang Seng Index hitting new highs and the share prices of many companies breaking records.
In particular, stocks related to tourism have risen sharply.
As more and more tourists are traveling to Hong Kong recently, many large Hong Kong conglomerates have begun to actively attract overseas tourists to visit.
Moreover, due to the reform and opening up of the mainland, more international businessmen have gone to Hong Kong, using it as a springboard to try to cooperate in business with the mainland.
In particular, the shares of Hong Kong's oldest hotel group, Grand Hyatt, have been rising.
But soon, some investors and investment institutions discovered the abnormality.
Not only did the hotel's stock rise wildly, but trading was also active, and trading began to soar sharply.
As soon as a stock is sold, it will be bought back within a short period of time. This phenomenon has begun to be discussed in the Sihui market.
The large and small financial groups and some shareholders who smelled the "fishy smell" immediately realized it.
A large consortium is acquiring shares of large hotels, and it is very likely that a fierce takeover war is about to break out.
When British capital was blocked, the first person most people in Hong Kong thought of was Liu Zhicheng.
However, one of Liu Zhicheng's assistants soon stated in an interview with the media that the incident at the hotel had nothing to do with Liu.
Who is buying the shares of the Grand Hotel? This has become a mystery and a hot topic among stockholders.
As the share price of Grand Hotel rose to HK$40 per share, the Kadoorie family finally reacted, immediately convened a board meeting and issued an announcement.
He said that the hotel was making good profits under the leadership of the Kadoorie family and that he did not welcome any hostile takeovers.
At the same time, they publicly stated that no matter who was acquiring the shares of the hotel, the Kadoorie family was willing to include the other party on the board of directors and serve all shareholders together.
This promise is just a piece of waste paper. Anyone with a discerning eye can see that this blocking battle has just begun.
The trading volume in the stock market is getting smaller and smaller, and investors are starting to hold on to their stocks.
In addition, a large amount of institutional funds followed suit, and the stock price quickly broke through HK$50.
This price is basically twice what it was before the acquisition news came out.
Robert Kuok, who was behind the scenes, finally stepped forward and officially announced his intention to acquire the Grand Hotel Group.
In order to demonstrate his determination, Robert Kuok's offer was to make a comprehensive acquisition of the Grand Hyatt Hotel until he achieved full control and delisted the Grand Hyatt Hotel.
Before the offer was launched, the share price of Grand Hotel was HK$55 per share, the total share capital was 7318 million shares and the total market value was HK$36.59 billion.
Robert Kuok's offer price was HK$55 per share, a 10% premium.
If he wants to acquire 34.9% of its shares, he will need to pay a total of HK$14.05 billion in cash to shareholders.
This money has been locked in the trading market. If the stock price continues to soar during the one-month offer period, or if the Kadoorie family launches a counter-takeover, the offer price will need to be continuously raised.
Under such circumstances, Robert Kuok still had to continue investing funds. HK$14.05 billion was the minimum cost for Robert Kuok to acquire the hotel.
According to past stock market acquisition practices, the larger the company, the greater the increase in its stock price during the acquisition process.
In this acquisition battle that the big hotel is facing, small shareholders and speculators certainly hope that the stock price will continue to rise so that they can sell it at a high level to make arbitrage.
As for the defending Kadoorie family, they hope to increase the cost of the acquirer by causing the stock price to surge. The higher the cost, the greater the chance that the acquirer will withdraw.
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(End of this chapter)