Chapitre 110: Chapter 110: The Plan for Jiuding Securities
The next day, Wang Qi reported to Xia Yu that the fifty anonymous accounts were all set up and ready to be used at any time. Xia Yu's funds had also been transferred into the company account.
Originally, Xia Yu had 26 million HKD. However, acquiring Liuhe Securities cost him a total of 2.5 million HKD, leaving him with 23.5 million HKD.
Due to the scale of his plans and the substantial amount of funds needed, Xia Yu applied for a tenfold financial leverage from HSBC, bringing the total capital to 235 million HKD.
In the context of current Hong Kong, this is an enormous figure.
It is worth mentioning that even though Xia Yu has established his own securities company, he can still apply for financial leverage support from HSBC without any conflict.
When Wang Qi learned that Xia Yu was using such a large amount of capital, he was greatly shocked and then very excited. After all, he had never handled such a massive financial operation before. With the new boss starting with such a grand move, Wang Qi couldn't help but marvel at how extraordinary Xia Yu was.
However, participating in such a large-scale operation made Wang Qi feel extremely fortunate. According to his knowledge, very few people in Hong Kong's financial sector are qualified to handle such substantial amounts of money.
"Wang Qi, this is the plan I've drafted. Please review it and ask me any questions if you have any. After this, I will no longer answer questions," Xia Yu said as he handed Wang Qi a confidential plan and then sat back in his chair, waiting for Wang Qi to read it and ask questions.
Wang Qi nodded. He felt that this plan was of immense weight given the involvement of over two billion HKD.
He solemnly opened the plan and began to read.
As he read, Wang Qi's expression grew increasingly serious, and by the end, his eyes were filled with shock and horror.
The companies involved in this confidential plan were frighteningly significant, far beyond what he had imagined. He never thought the boss would dare to target these companies.
If it were him, he wouldn't even dare to think about it, let alone act. Each of these companies was a colossal entity that was beyond his reach.
The plan directly involved four companies: Qingzhou Yingni Co., Changjiang Industrial, Kowloon Warehouse Co., and Hutchison Whampoa Group.
Each of these companies was formidable, with each one more intimidating than the last.
First, Qingzhou Yingni, the smallest of the four, was an old British company under the Cairns family, with a market value of around 80 million HKD, making it the weakest of the four.
However, the Cairns family had extensive connections, and among the major shareholders of Qingzhou Yingni was the Swire Group.
Swire Group was ranked second among the four major British firms in Hong Kong and was controlled by the Shih family. It had a broad portfolio including shipping, aviation, real estate, transportation, cold storage, trade, insurance, agriculture, and retail, making it a true giant.
Changjiang Industrial Group, founded by the influential Li Chaoren and listed in 1972, had total assets of about 600 million HKD by 1978. Li Chaoren was a prominent tycoon in Hong Kong.
Kowloon Warehouse Co., established in 1886 by Sir Paul Chater of the Chater family, was a British enterprise with a century-long history. Its capital structure was affiliated with the Jardine Matheson Group, the leading British firm in Hong Kong, alongside Hongkong Land as "Jardine's Wings."
Despite Kowloon Warehouse's current stock price being low, its overall market value remained between 1.3 and 1.4 billion HKD, making it a massive entity.
Finally, Hutchison Whampoa Group, ranked third among the four British firms in Hong Kong, was controlled by the Qi family. Despite suffering heavily during the 1973 stock market crash, Hutchison Whampoa still had over 6 billion HKD in total assets.
Compared to these four companies, Jiuding Securities was a mere child. Even with the boss using tenfold leverage to handle over two billion HKD, it only surpassed Qingzhou Yingni but still seemed insignificant compared to Changjiang Industrial, Kowloon Warehouse, and Hutchison Whampoa.
Yet the boss's plan was to buy stocks from these four companies, and the amount of shares purchased was substantial, with no limit set for Qingzhou Yingni.
Although a line was drawn for Kowloon Warehouse, the minimum share acquisition was set at 20%, with more being better. This didn't seem like a simple financial investment; the sheer volume of shares suggested a potential acquisition.
Moreover, completing the acquisition of 20% of Kowloon Warehouse's shares with the current 235 million HKD was impossible, leaving Wang Qi uncertain about the boss's intentions.
Wang Qi could imagine the risks involved in targeting these companies; it was like pulling teeth from a tiger's mouth. He was secretly sweating for Xia Yu, unable to understand why the boss would dare to undertake such a plan.
After finishing the review, Wang Qi set aside the confidential plan, still struggling to calm down. He swallowed hard and said to Xia Yu, "Boss, I've finished reading."
"What do you think?" Xia Yu asked calmly.
"Boss, this... isn't this a bit risky? After all, these companies are not simple players. If we're aiming to acquire them, it seems impossible for us!" Wang Qi tried to sound polite, fearing to upset Xia Yu.
"Who said we're acquiring them?" Xia Yu smiled, appearing relaxed.
"Not acquiring? Then…" Wang Qi was stunned. Even with such a large amount of shares being purchased, wasn't it still an acquisition?
"I'm betting these companies will rise! Besides, there are insider details you don't know. I'm not that foolish," Xia Yu said with a light laugh.
Xia Yu's relaxed attitude seemed to calm Wang Qi, easing his nerves.
"Then I have no other questions." Seeing Xia Yu's confidence, Wang Qi quickly replied.
Since the boss mentioned insider details and it was just a simple investment, Wang Qi had nothing more to say.
He knew that in terms of analytical ability, he couldn't compare to Xia Yu. Having read many issues of Jiuding Daily, he was thoroughly impressed by the boss's capabilities.
"Alright, according to the plan, prioritize purchasing Qingzhou Yingni's stocks, followed by Kowloon Warehouse's stocks. Acquire as many shares as possible for these two companies without any upper limit, as long as it remains undiscovered. Changjiang Industrial and Hutchison Whampoa's stocks can be postponed, but among these two, prioritize acquiring Changjiang Industrial's stocks."
"My only requirement is not to be discovered, especially not to attract the attention of these companies. It's fine if the process is slow, and it must be kept confidential. No one should know it's us. All employees must sign non-disclosure agreements. Understood?"
Xia Yu's expression turned serious as he issued the orders.
"Understood!" Realizing the seriousness of the matter, Wang Qi straightened up and responded loudly.
État de l’alimentation hebdomadaire
-- Classement
Power Stone 
-- Power
stone