Chapter 59 Hutchison Whampoa, the second largest foreign bank in Hong Kong!

If swallowing Wharf is an appetizer, then swallowing Hutchison Whampoa is Yang Ming's highlight.

Hutchison International is the second largest foreign bank in Hong Kong.

In addition to the parent company Hutchison International, it also has large-scale foreign companies such as Huangpu Shipyard.

In addition, there are Watsons, Junyicang, Dehuibao Yangxing, Taihe Yangxing, Qichang Yangxing. At its peak, it owned as many as 360 large companies by name.

The industries we operate include real estate, finance, insurance, hotels, docks, shipping, warehouses, cotton and wool textiles, automobiles, foreign wine, soft drinks, medicines, import and export trade, etc.

It is one of the largest commercial institutions in Hong Kong, second only to Jardine Matheson.

Jardine after losing Wharf.

Now Hutchison Whampoa's strength should be similar to that of Jardine, or even exceed that of Jardine.

Prior to this, the owner of Hutchison International was Qi Dezun.

In 1975, Qi Dezun was on the verge of bankruptcy due to excessive expansion, resulting in capital turnover problems. As a last resort, it accepted a capital injection from Huifeng Bank.

In the end, Huifeng Bank invested HK$150 million and obtained 90 million shares of Hutchison International, accounting for 33.65% of Hutchison International's issued shares.

Since then, the owner of Hutchison International has changed to Huifeng Bank.

Because of its own connections, Huifeng Bank said at the time that if Huifeng Bank made a profit, it would sell Hutchison International at the appropriate time.

Historically, there have been many people who wanted to eat up Hutchison International.

Even including the loss of Hutchison International's Qi Dezun, Shen Bi and Huifeng Bank will not give them a chance.

At the beginning, Huifeng Bank had decided to support the development of Chinese capital, and Huifeng Bank would only hand over Hutchison International to Chinese capital.

Who exactly it is, many people didn’t know before this.

In history, Yang Ming naturally knew that it was Li Jiacheng who swallowed up Hutchison Whampoa at an advantage in the end.

This allowed Li Jiacheng to ascend to the sky in one step, completely reborn, and reach the sky. Since then, Li Jiacheng's position as the richest man in Hong Kong has been established.

Later, after the 1980s, Li Jiacheng continued to invest in the mainland precisely because he received dividends from Hutchison Whampoa's funds as working capital, which made Li Jiacheng's wealth more and more, so much so that Xiangjiang became Li Jiacheng.

Li Jiacheng's strength at this time was just like that.

In addition to its own Changchun Industrial, it acquired some companies last year.

At this time, compared with Bao Yugang, Li Jiacheng was far inferior to the strength of the Bao family.

When Yang Ming swallowed up Wharf, he had already planned to swallow up Hutchison Whampoa.

Why swallow up Wharf first and not Hutchison Whampoa?

It is because of the special nature of Hutchison Whampoa.

Hutchison International's stocks are also very diversified, but they are very different from Wharf.

The largest shareholder of Wharf turned out to be Jardine Matheson Land, with a shareholding of only 10%.

Hutchison International's largest shareholder is Huifeng Bank. Huifeng Bank already owns more than one-third of the shares. The remaining consortiums and investors also hold one-third of the shares, and the rest may be retail investors.

It is destined that other investors would not be able to take advantage of Hutchison Whampoa if they did not receive the support of Huifeng Bank.

In addition, Huifeng Bank is the largest bank in Hong Kong. It plays a similar role to the central bank and has plenty of money.

If you want to compare money with Huifeng Bank, I'm afraid there is no other consortium in Xiangjiang that can compare with Huifeng Bank.

As a result, many British and Chinese capital have been coveting Hutchison International. They know that without the support of Huifeng Bank and Shen Bi, it is impossible to take over Hutchison International.

Now for Yang Ming.

He is different.

He is already making preparations.

One.

That's the easiest way.

As historically, Shen Bi was willing to sell Hutchison Whampoa's shares to Li Jiacheng at a bargain price.

So if Yang Ming eats Hutchison International, it won't cost much.

Historically, Li Jiacheng swallowed up Hutchison Whampoa at far less than half of the market price.

If that were the case, Yang Ming knew that it would be easy for him to swallow up Hutchison Whampoa.

What Yang Ming was thinking about was that if Shen Bi was too stubborn and refused to sell the shares he held in Hutchison International to him, then he could only use the second method.

In addition to secretly holding shares in Hutchison International.

As long as he already holds Hutchison International shares, even in many cases, if Shen Bi wants to sell Hutchison International to others, he has to think clearly.

Yang Ming also has huge funds to fight with Huifeng Bank.

"Boss, we now hold Hutchison International stock, about 10% of the shares."

10% of the stock, that is 27 million ordinary Hutchison International shares.

This is certainly far behind the 90 million shares held by Huifeng Bank.

"Boss, we found that starting this week, there seem to be other people quietly accumulating Hutchison International shares."

Others quietly absorb it?

So who is this?

Of course they don't know.

When Yang Ming heard it, he immediately guessed it.

This person is either Li Jiacheng or Bao Yugang.

Historically, these two people are the most promising to get Hutchison Whampoa.

In the end it was Li Jiacheng.

That's because of historical reasons. Li Jiacheng had given up Wharf in advance. In the end, Bao Yugang got Wharf, and Li Jiacheng got Hutchison Whampoa.

In Yang Ming's view, Bao Yugang was at a loss.

Bao Yugang also knew that Shen Bi was more optimistic about Li Jiacheng than himself.

The current Wharf falls into the hands of Yang Ming.

That means that the only ones who want to swallow up Hutchison International now are Li Jiacheng and Bao Yugang.

Of course, the strength of these two people is that of the shipping king Bao Yugang.

Let’s talk about relationships.

On the surface, Bao Yugang has a closer relationship with Huifeng Bank because the two parties have cooperated for a long time.

Historically, Li Jiacheng won Hutchison Whampoa, which is enough to show that Shen Bi and Li Jiacheng have a closer relationship.

Yang Ming didn't bother to pay attention to these two people.

Whoever they were secretly absorbing Hutchison International's shares had little impact on him.

Now that he has 10% of Hutchison International's shares, he can officially have a showdown with Shen Yi.

"I understand, you go back to work first."

Yang Ming asked them to go out first.

He leaned in his wheelchair and looked outside.

At this time, many people were paying attention to Yang Ming and the Imperial Group, as well as the Wharf that Yang Ming had just eaten.

Yang Ming has already thought of Hutchison International.

As long as he swallows Hutchison International.

As far as Xiangjiang is concerned, whether it is Li Jiacheng or Bao Yugang, it is probably impossible for them to imagine what happened in history.

Yang Ming was thinking about whether to call Kayla.

The landline phone rings.

Lin Xiuzhi picked up the landline and answered the call.

"Boss, it's Miss Kayla calling."

"Miss Keira, it's me."

"Mr. Yang, congratulations. I want to meet you tonight."

"Just in time, I also want to meet you. Come to my house and I'll treat you to a drink of red wine."

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