We're building a super chaebol in Hong Kong

#3 - Shocked the whole of Hong Kong

That afternoon, Zhang Qizheng arranged to meet a reporter from the "Oriental Daily" and revealed the news that Tianyuan Investment Management Company intended to take control of Wharf.

The "Oriental Daily" reporter also formally interviewed Zhang Qizheng, the general manager of Tianyuan Company.

The "Oriental Daily" reporter was very curious and excited about the sudden emergence of Tianyuan Investment Management Company, because this company was previously unknown, but now it was about to break such big news, how could he not be excited!

British companies have always dominated the Hong Kong business community. Although Chinese companies have made great progress in recent years, they have not yet reached the point where they can be on par with British companies.

Therefore, the sudden emergence of a Chinese company that no one had ever heard of to acquire a British company, and not just any small British company, but the well-known Wharf, made people's first reaction disbelief, and the second reaction was that if the news was accurate, it would definitely be explosive news!

Before this, there had never been a case in Hong Kong where a British company was acquired by a Chinese company. It is conceivable how sensational this matter would be if it were true.

When Zhang Qizheng presented evidence that the company held 23% of Wharf's shares, the "Oriental Daily" reporter believed it was true.

When the reporter excitedly took the news interview manuscript back to the "Oriental Daily" editorial department, the entire editorial department was in an uproar.

Exclusive explosive news!

Who in Hong Kong doesn't know Wharf?

Wharf's assets include docks, warehouses, hotels, buildings, trams, and the Star Ferry. Its assets are strong. It can be said that whoever owns Wharf controls Hong Kong's most important cargo handling and warehousing business!

"Work overtime today. We must write an eye-catching article, focusing on national sentiment. Also, this news is not allowed to be leaked. Otherwise, if I find out, I believe you should know the consequences! In addition, notify the printing department that tomorrow morning's newspaper will be printed overtime tonight, increasing the number of copies from the usual 300,000 to 500,000!" Lin Bingliang, the editor-in-chief of the "Oriental Daily," said solemnly.

"Editor-in-chief Lin, wouldn't 500,000 copies be too many? This is a bit risky!" an editor asked.

"Don't worry, I'll take responsibility if anything happens!" Lin Bingliang replied confidently. He didn't want to miss such a good opportunity.

The Hong Kong newspaper industry is highly competitive. A small Hong Kong alone has nearly 70 newspaper media outlets. Therefore, how to increase the sales of their own newspapers is the primary task of every newspaper editor-in-chief.

The "Oriental Daily" has only been established for 9 years, and its sales have gone from poor at the beginning to the first now, which shows that they are very good at grasping the psychology of readers and making Hong Kong citizens willingly buy a copy of their newspaper.

The next morning, at a newspaper stand on Mody Road in Tsim Sha Tsui, Uncle Ge, the stall owner, opened his stall as usual to welcome the new day.

"Boss, give me a copy of the 'Oriental Daily'." Before the newspaper stand was fully set up, a citizen came to buy a newspaper.

"Okay, wait a moment, I'll get it for you." Uncle Ge replied with a smile.

After speaking, he took out a copy of the "Oriental Daily" from a stack of newspapers and handed it to the customer.

"Exclusive News: An Ant Swallowing an Elephant? Chinese Company to Acquire British Giant, Wharf to Change Hands Soon!"

The large headline on the front page deeply attracted the customer.

"Damn it! This Tianyuan Company is too awesome. The Chinese are rising!" When the customer finished reading, he was so excited that he was incoherent.

In Hong Kong, foreigners have always acted superior and never bowed their heads.

The same is true in the business world. British companies are always high above.

But what did he see now? A Chinese company that no one had ever heard of was about to successfully acquire Wharf Group? It already controlled 23% of the shares?

A curse attracted the attention of other customers who were preparing to buy newspapers next to him.

"Is there any big news today?" a citizen asked curiously.

"Buy a copy of the 'Oriental Daily' and you'll know," the customer replied with a mysterious smile.

Soon, as the newspaper sold well throughout Hong Kong, the news that Tianyuan Investment Management Company intended to acquire Wharf spread throughout Hong Kong.

"Editor-in-chief, many newspaper stands have increased their orders. Today's issue of our newspaper is selling like crazy!" In the editor-in-chief's office of the "Oriental Daily," an employee came in excitedly and said.

"Didn't we prepare 500,000 copies in advance? Just ship them to them as soon as possible," Editor-in-chief Lin Bingliang said calmly.

He had predicted this scene long ago.

"That's not the case, Editor-in-chief. We have already shipped all 500,000 copies, and now many stall owners are placing additional orders!" the employee quickly said.

"What a pity, we were still too conservative!" Editor-in-chief Lin was a little melancholy.

This was a good opportunity to create a new daily sales record for the Hong Kong newspaper industry. Although 500,000 copies also created a new record, this record could easily be surpassed.

If he had been bolder and achieved sales of 600,000 copies, Editor-in-chief Lin believed that this record would not be surpassed for many years to come.

Unfortunately, there is no regret medicine in the world. Even if they worked overtime to print more now, it would be too late because there were too many procedures.

This news naturally reached Li Ka-shing, Bao Yugang, HSBC taipan Shen Bi, Jardine Matheson Chairman Newbigging, and others, who were greatly shocked by the news.

The newest novel is first published on 69shuba.!

In particular, Jardine Matheson's reaction was even more intense.

Being raided?

"Immediately investigate the details of this Tianyuan Investment Management Company. Also, immediately contact the person in charge of this company and find a way to buy their shares!" At the Jardine Matheson headquarters building, Jardine Matheson Chairman Newbigging was furious at the company meeting.

"Who is this person? He actually thought of the same thing as me?" In a luxurious villa in Deep Water Bay, Li Ka-shing looked at the newspaper and was a little uneasy.

In this world, due to the appearance of Su Cheng, after five years of secret layout, whether it is Wharf or Hutchison Whampoa, there are very few shares circulating on the market. Therefore, although Li Ka-shing knows that buying Wharf's shares will definitely be profitable, he has only acquired nearly 10% of the shares in so many days.

According to the original history, Li Ka-shing had already been absorbing Wharf's shares from various channels without making a sound, and had purchased more than 10 million Wharf shares, accounting for 18% of the issued Wharf shares.

To buy these shares, he had spent almost all of Cheung Kong Holdings' liquid funds.

On this day, Tianyuan Investment Management Company, founded by Su Cheng, alarmed the entire Hong Kong with an article.

Wharf's stock price also soared as a result, and stockholders flocked to the stock market in a frenzy, hoping to get a share of the pie.

This also led to Wharf's stock price becoming overvalued, making it impossible for Li Ka-shing to continue increasing Wharf's shares.

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