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Chapter 46: Formal Declaration of War between the Charter King and Jardine Matheson

Chapter 46: Formal Declaration of War between the Charter King and Jardine Matheson

There were only Lin Haoran and Su Zhixue in the office.

At this time, Su Zhixue had respectfully submitted the carefully compiled data report to Lin Haoran.

"From tomorrow on, we need to keep an eye on the movement of Wharf Holdings' stock." Lin Haoran took the report but did not rush to read it. Instead, he said to Su Zhixue, "If the stock price continues to rise, we will maintain the status quo and not intervene too much. But if the stock price drops again, I will make new arrangements."

After a short pause, Lin Haoran continued: "In addition, we cannot relax our monitoring of Qingzhou Yingni's stocks. I have the goal of bringing Qingzhou Yingni under our control, which is crucial."

Su Zhixue nodded and responded immediately, "I understand, Mr. Lin, I will make arrangements immediately to ensure that all information collection on Wharf Holdings and Qingzhou Yingni's stocks is foolproof. Then, I will go and deal with other matters first."

"Ah."

Watching Su Zhixue close the office door, Lin Haoran turned his attention to the data report.

He already knew about the stocks of Hutchison Whampoa, and he had bought a total of 52.1 shares throughout the day. He did not continue to buy later, otherwise he would have bought more.

Its average purchase price today, affected by the high-priced stocks behind it, broke through HK$30 for the whole day, reaching HK$30.27 per share, with a total expenditure of HK$1577 million.

At this moment, the total number of Hutchison Whampoa shares held by Lin Haoran directly reached 147.8 million shares. The overall average price, affected by the previous low prices, dragged down to HK$27.7 per share.

In other words, he spent a total of HK$4094 million on the Wharf Holdings stock.

Originally, he was going to be satisfied with spending more than 30 million Hong Kong dollars on Hutchison Whampoa, but now it has exceeded 40 million Hong Kong dollars, which has exceeded his expectations.

According to today's final stock market transaction price of HK$40.8, his current 147.8 million shares are worth HK$6030 million, a direct net profit of million.

Of course, he was not satisfied with this price.

What can you do with just 20 million Hong Kong dollars?
Given the current situation of Hutchison Whampoa, doubling the growth does not seem to be a difficult task.

Why not give it a try and let the Wharf horse gallop further?
The next move of Hutchison Whampoa is obvious, and Lin Haoran's attention has quietly turned to Qingzhou Yingni.

Due to his recent active acquisition of Qingzhou Yingni, the number of circulating shares in the market has decreased significantly and the number of pending orders has dropped significantly.

Today, under Dai Shi's precise operation, Lin Haoran successfully acquired 38.2 shares of Qingzhou Yingni, with the average transaction price locked at HK$5.19 per share, with a total cost of approximately HK$198 million.

So far, Lin Haoran has owned 903.6 million shares of Qingzhou Yingni. If nothing unexpected happens, in two or three days, the shares of Qingzhou Yingni he holds will reach 20 million shares, which means about % of the shares.

Looking at today's market performance, the total trading volume of the entire Qingzhou Yingni stock market was only 92.9 shares. Since Li Jiacheng intervened last week, the average daily trading volume has been stable at more than 120 million shares, which means that the trading volume has begun to decrease.

This phenomenon coincided with Lin Haoran's strategic intention - he did not want Li Jiacheng's team to quickly accumulate a large number of Qingzhou Yingni shares through the secondary market in a short period of time.

Such a layout not only maintains the delicate balance of the market, but also wins more operating space and strategic advantages for Lin Haoran himself.

Finally, Lin Haoran calculated his available funds.

Originally, through another loan, his available funds had expanded to more than HK$3100 million.

However, today's operation on the two stocks cost him HK$1775 million, which reduced his remaining available funds to about HK$1400 million. This amount of money will probably not be continued to flow into Wharf, which means that it will most likely be spent on Ching Chau Cement.

This will allow us to continue to compete with Li Jiacheng's team.

Based on the current stock price, this amount of funds can also allow Lin Haoran to increase his holdings of Qingzhou Yingni by more than 2 million shares.

Just as Lin Haoran was busy planning his next strategy, the astonishing trading volume and price increase of Hutchison Whampoa today were like a blockbuster bomb, instantly sweeping the entire Hong Kong business community and causing widespread shock.

Reporters and media with a keen sense of smell quickly gathered, and their cameras and microphones were all aimed at two industry giants - Bao Yugang, the helmsman of Global Shipping Group, and Niu Bijian, the leader of Jardine Matheson Group.

After all, everyone knows that the current major shareholder of Hutchison Whampoa is Pao Yue-kong, and the actual controller is the Jardine Matheson Group's Land Development.

Obviously, no one can see that the movement in the stock market must have been caused by these two big guys.

Lin Haoran's actions completely misled the bosses of both parties and also misled everyone.

However, Bao Yugang was in Singapore at the time and naturally could not respond to the Hong Kong media's keen attention in a timely manner.

As for Mr. Wu, the son-in-law of the charter king who was directly responsible for the acquisition of Wharf Holdings in the Global Shipping Group, although he was in Hong Kong and at the group's headquarters, he remained silent on the matter and refused to make any comments because he did not receive clear instructions from Bao Yugang.

Faced with such a deadlock, media reporters were not discouraged. They adjusted their direction and flocked to the headquarters of Jardine Matheson Group and Swire Properties Group, eager to obtain more information.

Unexpectedly, Niu Bijian showed an extraordinary open attitude and gladly accepted interviews from many media outlets.

Surrounded by numerous flash lights and recording equipment, he made an impassioned speech, and his core message was concise and clear: Jardine Matheson Group and Hong Kong Land Development will not give up their controlling stake in Wharf Holdings, and will go all out to compete with their competitors even if their rivals are strong!
In Niu Bijian's eyes, the crazy buying of Wharf shares in the stock market today must be done by Bao Yugang's team. This is undoubtedly sending a clear signal to the outside world, and its goal is directly aimed at the control of Wharf.

Faced with such a direct challenge, he believes that there is no need to say more and the only right way is to face it head-on!
This tense situation spread like wildfire to every corner through major media such as TVB and Hong Kong Broadcasting Corporation, attracting widespread attention from all walks of life.

The battle for Hutchison Whampoa was like a bomb about to explode, making the entire Hong Kong business community feel an unprecedented tense atmosphere, and a war was about to break out!
Feeling the urgency of the situation, the charter king acted decisively. He gave up his trip to Singapore and flew back to Hong Kong overnight.

As soon as he arrived in Hong Kong, he did not stop for a moment and held an emergency press conference at the headquarters of Global Shipping Group the next morning.

Standing on the stage, facing the dense crowds of reporters and media below, the charter king felt mixed emotions.

Originally, he had carefully planned a quiet campaign, intending to let the market cool down naturally while he would gradually increase his holdings of Wharf Holdings shares without making any noise.

But no one knows what's going on with Jardine Matheson Land, and they just pushed up the stock price.

In the opinion of the charter king, the surge in Wharf Holdings' share price and the huge increase in trading volume today were definitely caused by Jardine Matheson.

The reason is very simple. At present, the Bao family is unable to control Kowloon Wharf. At this time, Jardine Matheson directly raised the stock price. If the Bao family wants to seize Kowloon Wharf, the price will definitely be very high.

Overt conspiracy, the real open conspiracy!

Please read, please read, please read~


(End of this chapter)

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