We're building a super chaebol in Hong Kong

"Are you planning to sell your Wharf shares?" Su Cheng thought he had misheard.

"Mr. Su, you misunderstand. That's not what I meant. It's like this: a mountain cannot have two tigers. After Jardine Matheson realizes it cannot continue to control Wharf, it will inevitably try to sell its Wharf shares. Because Mr. Shen Bi has already told me that Jardine Matheson recently borrowed a sum of money from British banks at a high interest rate to compete with me for Wharf.

Now that they are destined to fail in the competition for Wharf, the only way to continue competing is to raise funds by issuing new shares. However, they are worried about repeating the same mistake as with Wharf, causing the share price to be too low, which would lead to Chinese tycoons turning their attention to Jardine Matheson or Hongkong Land.

Therefore, Jardine Matheson only has one option, which is to sell its Wharf shares. However, given Wharf's current situation, it will be difficult to find someone to take over.

As for me, I have used too much of my funds recently and am unable to acquire the shares held by Jardine Matheson. In this situation, I can only look for a partner, so I hope Mr. Su can take over the Wharf shares."

Bao Ship King explained in detail to Su Cheng.

Su Cheng understood. Wharf was originally a subsidiary of Jardine Matheson's Hongkong Land. However, at the time, they thought no one would compete with them for Wharf, so they kept issuing new shares to raise funds, which led to their shareholding becoming smaller and smaller, eventually leaving them with only about 10%. In this situation, how could people not take advantage of the weakness?

Therefore, Jardine Matheson completely lost Wharf.

As the saying goes, 'Once bitten by a snake, one is afraid of ropes for ten years.' Jardine Matheson is now in this state of mind.

Therefore, they will definitely try to sell the Wharf shares they cannot control, because the funds occupied here are too large, so large that it will affect their cash flow.

When Bao Ship King realized that he could not free up funds to acquire these shares, he naturally did not want these shares to be bought by others casually. It would be best to have a strong partner, which would also be beneficial to Wharf's future development.

Normally, HSBC would naturally be the best partner. However, unless there are special circumstances, HSBC Group, as a bank, would not acquire these shares at all.

Therefore, he could only look for other people.

Coincidentally, Su Cheng became the capable person in his mind and his ideal partner.

After all, who in Hong Kong dares to say that Su Cheng is not capable?

Of course, Bao Ship King already knew at this time that 5 billion of Su Cheng's funds for purchasing crude oil were borrowed from HSBC.

Although Bao Ship King felt that Su Cheng's rash acquisition of so much crude oil was very unwise, it did not prevent him from admiring Su Cheng's character.

He was young once too, and once he made up his mind, no one's persuasion was of any use. Because of this, he successfully won one business war after another, and finally reached today, becoming the incomparably glamorous richest man in Hong Kong and the world's number one ship king.

Isn't Su Cheng the same way now? As far as he knows, before this crude oil acquisition, Su Cheng had never lost money in the business world. Each plan was able to double his assets.

He is not optimistic about the large-scale purchase of crude oil, but it does not mean that he is not optimistic about Su Cheng as a person.

Therefore, after consideration, he wanted to invite Su Cheng to take over the Wharf shares in Jardine Matheson's hands and become the second largest shareholder of Wharf.

"How many Wharf shares does Jardine Matheson currently hold?" Su Cheng asked.

"As far as I know, Jardine Matheson and Hongkong Land currently hold about 30% of Wharf's shares in total," Bao Ship King said.

Su Cheng nodded, thought for a moment, and said, "If the price is still HK$50 per share, I have no intention of buying Wharf shares."

The share price of Wharf is actually more than HK$50 per share.

The reason why it was able to rise to over HK$50, or even reach a terrifying HK$62 per share, was because of the battle between Bao Ship King and Jardine Matheson for control of Wharf. In this case, they would not care whether Wharf was worth this share price. The person who gets the controlling stake is the ultimate winner.

Now that the outcome has been decided, the share price will definitely not be able to maintain it, and it will definitely plummet.

Therefore, even if Su Cheng really wants Wharf's shares, he will not be a fool.

"In my experience, the share price of Wharf will fall to around HK$20 per share after a while. At that time, Mr. Su will have a very good opportunity to buy in," Bao Ship King said.

As long as it is determined that Bao Ship King has taken over Wharf, basically Wharf's shares will not be hyped up. At that time, this stock will naturally fall back to its appropriate share price.

At this time, Jardine Matheson can only sell the shares at this price if they want to sell them, otherwise no one will be interested in their shares.

"Okay, I'll take a look then. If it's appropriate, I will buy Wharf shares. Under Mr. Bao's management, I believe Wharf's future will definitely be more brilliant," Su Cheng did not give an accurate answer.

Moreover, his funds must be placed on crude oil, and the funds will gradually be withdrawn after the oil crisis breaks out. At that time, if it is appropriate, he does not mind serving as the second largest shareholder of Wharf.

Bao Ship King understood, so he didn't say much on this issue.

The matter of Wharf was finally settled, and he also breathed a deep sigh of relief.

Although Bao Ship King is the richest man in Hong Kong, he only knows how difficult it is to fight face-to-face with British capital after experiencing it.

Jardine Matheson is not only large in scale, but also has the support of consortia in the UK.

Fortunately, he finally won this battle.

As Su Cheng's strength gradually emerged, no one dared to underestimate him anymore. Bao Ship King and others have already classified Su Cheng as the same level as themselves.

The two chatted very speculatively. Regarding some international affairs, Su Cheng gave many unique insights through Little Ai. Bao Ship King listened and felt more and more that the young man in front of him was really not simple.

At noon, Bao Ship King once again invited Su Cheng to Global Restaurant for lunch, to which Su Cheng naturally agreed.

"Thank you very much for Mr. Bao's banquet. You are welcome to visit my home in return," Su Cheng said with a smile after shaking hands with Bao Ship King before leaving.

"I'm glad you're satisfied. I was worried that I wouldn't be able to entertain Mr. Su well!" Bao Ship King laughed.

"Well, that's it for today. We'll make another appointment when we have time. It's very interesting to chat with Mr. Bao, and I also hope to hear more of Mr. Bao's guidance on business experience," Su Cheng said, waving his hand.

"Goodbye, Mr. Su!" Bao Ship King nodded.

I left home at eight o'clock in the morning and returned home at four o'clock in the afternoon.

"Boss, General Zhang of Tianyuan Company called you and asked me to tell you as soon as you come back and call him back," Zhong Chuhong said to Su Cheng as soon as he came back.

"Zhang Qizheng is looking for me, could it be that there is news?" Su Cheng nodded and thought to himself.