Chapter 787 The Swire Shihuaiya family was trembling with fear!

Deep Water Bay mid-level villa.

Bao family.

When Li Jiacheng was frightened by the silent acquisition of Wheelock by Imperial Group and Sir Yang, Bao Yugang, Su Yiwen, Wu Guangzhen and others had just returned to the villa by car.

While they were in the car, they had already learned from Xiangjiang Radio that the Imperial Group had acquired all their shares from Wheelock’s largest shareholder, the Zhang family, and the second largest shareholder, the Ma Shi family. In addition, the Imperial Group itself With the additional acquisition of Wheelock shares, the combined controlling stake of Wheelock's A shares and B shares has reached 51%, which means that the Imperial Group has swallowed up Wheelock \u0026 Company, the third largest foreign bank in Hong Kong.

In addition, they also heard about Wheelock’s new chief executive being John Pao.

The former vice chairman of Huifeng Bank had retired and was invited by Sir Yang to return to Hong Kong to serve as Wheelock's new chief executive.

This news.

When they were in the car, Bao Yugang, Wu Guangzhen and others were shocked.

They knew that the Imperial Group had the strength to swallow up Wheelock, but they could never imagine how the Imperial Group could swallow up Wheelock quietly. This was what frightened them.

"Father, did the Imperial Group just swallow up Wheelock?" Wu Guangzhen looked at Bao Yugang in shock and said.

Bao Yugang and Wu Guangzhen stood outside.

The place he was looking at was the Yang family in the mid-level villa in Repulse Bay.

"I just heard that."

Since his father Bao Zhaolong passed away due to a heart attack in November last year, Bao Yugang was uncomfortable at first but has gradually recovered and focused on the company.

Bao Yugang never expected that Chen Songqing's Jianing Group would become like this.

In fact, Chen Songqing had approached him many times before, hoping to cooperate with Global Shipping.

Bao Yugang could also see that Chen Songqing had some evil intentions and did not agree to cooperate with the other party. This time, Chen Songqing's Jianing Group owed tens of billions of Hong Kong dollars in debt. Even when Chen Songqing committed murder, in Bao Yugang's view, I really didn't misjudge the person at first.

At the beginning, many media described Chen Songqing's Jianing Group as the second largest Chinese business empire in Hong Kong. In fact, compared with Sir Yang's Imperial Group, it was really far behind.

Chen Songqing wants to tell all the people in Hong Kong that he is the richest Chinese tycoon in Hong Kong.

However, outsiders like them have no idea how much money Sir Yang has and what the strength of the Imperial Group is, just like this time, the Imperial Group can quietly swallow up this foreign company.

once Upon a time.

Bao Yugang proposed to abandon the boat and land.

In addition to predicting the imminent decline of the global shipping industry, which may lead to a long period of time, he wanted to transfer funds to land, and naturally also targeted Wharf, Hutchison, and even Wheelock and so on.

What he valued most was Wharf, and he felt he had the strength to take over it.

As for Hutchison Whampoa, he had also thought about it.

Wheelock \u0026 Company.

He had never thought about it. He did not expect that the Imperial Group would swallow it up so easily. This made Bao Yugang really regret it. Why didn't he pay attention to Wheelock \u0026 Company?

"Father, I just heard a lot of inside information. It is said that Wheelock's chief executive, John Horseman, lost a lot of money when investing in the shipping industry and owed tens of millions of dollars in debt. I originally hoped to discuss with the Zhang family to resolve those debts. The Zhang family I didn’t want to cooperate with John Ma Shi. This eventually led to irreconcilable conflicts between the Zhang family and the Ma Shi family. In the end, both parties gave up their shares in Wheelock \u0026 Company, which was easily swallowed up by the Imperial Group.”

Wu Guangzhen also just learned this news from a journalist friend.

It's really a pity when I think about it now.

The Imperial Group only spent a little more than 2 billion Hong Kong dollars to swallow up the third largest foreign bank in Hong Kong.

"The conflict between the Zhang family and the Ma Shi family has been around for a long time. Whether it is John Ma Shi or Zhang Yuliang, they have wanted to give up Wheelock \u0026 Co. several times, but they did not expect that this time they encountered so many problems. The purchase price offered by the Imperial Group was not bad, so it was swallowed up by the Imperial Group." Bao Yugang on the side also said.

"Father, isn't that such a pity? If we had known at the time and had taken action earlier, Wheelock \u0026 Company would have been ours."

Bao Yugang felt it was a pity.

He really never thought that he would swallow up Wheelock again.

Historically, he only thought of taking action after seeing the wealthy Nanyang businessman Qiu Debo take action.

"Guang Zhen, I can only say that Sir Yang is very powerful."

Now Bao Yugang can't see through Sir Yang more and more.

When his father was alive, Sir Yang came here several times, and each time he chatted with his father alone. Later, his father left, and after Sir Yang personally expressed his condolences, there is no contact between the two parties now.

Bao Yugang really couldn't understand Sir Yang.

Before Dong Haoyun left, he actually dared to entrust the Dong family and Orient Overseas to Sir Yang. This shows that Dong Haoyun has great trust in Sir Yang.

Bao Yugang clearly knew that there was not much real communication between the Dong family and Sir Yang. On the contrary, Miss Zhou Kaixuan, who was beside Sir Yang, met through the Dong family.

Judging from the Dong family's Orient Overseas, there seems to be no problem in entrusting the Dong family to Sir Yang.

Oriental Overseas, which originally owed 20 billion Hong Kong dollars, had hit the red line of serious debt. However, with the help of the Imperial Group, the Dong family and Oriental Overseas successfully tided over the difficulties.

"Father, Sir Yang is really powerful. While others were paying attention to the case of Chen Songqing and Jia Ning Group, Sir Yang directly swallowed up Wheelock \u0026 Company."

At this time, Wu Guangzhen had to admire Sir Yang.

"We'd better consolidate our own industry."

Bao Yugang knew.

Wheelock \u0026 Company was acquired by the Imperial Group due to debts owed by the shipping industry. The First Shipping Group, a subsidiary of the Empire Group, also because after the acquisition of Wheelock \u0026 Company by the Empire Group, the carrying capacity of the shipping industry will definitely increase again, which has to force Bao Yugang to speed up the acquisition of the First Shipping Group, a subsidiary of the Empire Group. Just shake it off.

Otherwise, it won't be long before Global Shipping may be overtaken by First Shipping Group.

. . .

Victoria Peak Villa.

Schweizer family.

At this time, John Shi Huaiya, who was wearing reading glasses, was sitting there, looking at the night view of Victoria Harbor in the distance.

He has learned that Sir Yang of the Imperial Group has officially announced that he will swallow up Wheelock \u0026 Company, the third largest foreign trade house in Hong Kong.

In addition to being shocked, John Shi Huaiya began to feel scared.

Four major foreign banks in Hong Kong.

In 1978, Hutchison Whampoa was first sold to Imperial Group and Sir Yang by Huifeng Bank and Shen Bian.

The next year, the Imperial Group spent tens of billions of Hong Kong dollars to directly swallow up Jardine Matheson Land Group, the largest foreign bank in Hong Kong. Even Niu Bijian, the chief executive of Jardine Matheson Land at the time, committed suicide. The Josek family, the major shareholder of Jardine Matheson Land, was forced to leave. Xiangjiang returned to Country Y for development.

Then, four years later, the Imperial Group quietly swallowed up Wheelock \u0026 Company.

In John Shi's view, Imperial Group must have had some time to negotiate with Wheelock's largest shareholder and second largest shareholder, and it just officially held a press conference to announce it today.

The four major foreign banks in Hong Kong all have a long history of development. To be able to become the four major foreign banks in Hong Kong is not simple in terms of scale or strength.

Now the top three foreign banks have been swallowed up by the Imperial Group.

As for the remaining Swire and Swire companies of the Swire family, you would say that it is impossible for John Sze, as the fifth generation head of the Swire family and the current chairman of Swire, not to be afraid?

When the Imperial Group swallowed up Jardine Matheson Land, the Swire family began to use various methods to control Swire Holdings to avoid being swallowed up by the Imperial Group like Hutchison Whampoa and Jardine Matheson Land.

From the current point of view, the controlling stake of Swire \u0026 Co., Ltd. of the Schweizer family is indeed very safe. Even if Imperial Group and Sir Yang covet Swire \u0026 Co., Ltd., there is no way to take action.

third chapter!

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