In Hong Kong, we build a global business empire

Chapter 49: The new strategic deployment of the shipping king (please read it later)

On Friday night, in Prince's Building in Central, the chairman's office at the headquarters of Global Shipping Group was brightly lit and the atmosphere was solemn.

Bao Yugang sat beside the coffee table, brows furrowed, holding the teacup lightly in his hand. The aroma of tea could not hide his inner worries.

Opposite him, his son-in-law Wu Guangzheng also had a heavy expression on his face, and his sitting posture revealed a bit of anxiety.

“Father-in-law, the current situation is very difficult. Although we have the strong support of Huifeng Bank, our capital chain is stable, and we can even raise a large amount of funds for emergencies, but facing the powerful Jardine Matheson Group, the competition between the two sides has become fierce, and the outcome is unpredictable.

Although we have sufficient funds at present, in the long run, these funds will soon be insufficient, and I am afraid it will be difficult to ensure that we can win the battle for controlling rights." Wu Guangzheng's tone was full of worry.

"Guangzheng, starting tomorrow, you will serve as the chairman of Longfeng International Company." Bao Yugang thought for a long time and said slowly.

His frown gradually relaxed, and it was obvious that he had a new idea about the next deployment.

"Father-in-law, why is this?" Wu Guangzheng asked curiously.

In Wu Guangzheng's opinion, now is the most critical time to compete with Hutchison Whampoa. As one of the core figures, how can he easily leave Global Shipping Group at this time and go to Long Fung International, which is just a shell company to them!
Longfeng International, an old enterprise with a history of more than 60 years, once focused on securities investment and loans. After several changes of hands, it finally fell into the hands of Bao Yugang and became an important piece in the Bao family's business empire.

It is not only a powerful assistant for Bao Yugang to raise funds and support the development of his shipping companies, but also an invisible driving force behind the expansion of Global Shipping Group.

It can be said that Long Fung International has made a great contribution to the development of Global Shipping Group to this day.

"Guangzheng, I have a new strategic plan. I plan to use Longfeng International to raise funds by issuing new shares, issuing deferred shares, etc., and to repurchase all the Wharf shares we currently own at a high price. In this way, we will be able to raise a large amount of funds again. If we can avoid borrowing from Huifeng Bank, we will try not to borrow from there. We are not at that stage yet. In this way, we will be able to reduce our personal financial burden and retain our strength to deal with Jardine Matheson Land to the end. We can attack when we advance and defend when we retreat!" Bao Yugang said solemnly.

The charter king understood that Long Feng International's status as a listed company was like a solid line of defense. Even if it encountered setbacks in this business war, it could effectively cushion the impact and protect the family's wealth from a fatal blow.

Transferring Wharf Holdings shares to AFCL was actually a well-considered and brilliant move, which not only preserved his ability to fight back, but also ensured the long-term stability of the family business.

Therefore, selling stocks to Longfeng International is indeed a method that can be used both offensively and defensively!
After years of ups and downs in the business world, every step Bao Yugang takes reveals his profound business wisdom and extraordinary courage.

He would never let himself and his family fall into an irretrievable situation, but would seek the greatest benefit and long-term victory at the lowest cost.

After hearing Bao Yugang's words, Wu Guangzheng instantly understood what his father-in-law meant.

As Bao Yuguang's son-in-law, Wu Guangzheng is also a business genius. What he lacks now is only experience.

"Okay, father-in-law, I understand. From tomorrow on, I will officially take office at Long Fung International and personally implement the plan to acquire all of our Wharf shares." Wu Guangzheng replied quickly.

"Very good. In the future, the acquisition of Hutchison Whampoa shares will no longer be done directly through our Bao family, but will be carried out using the identity of Long Fung International. In addition, this matter is of great importance, and I will personally communicate with Mr. Shen Bi and Mr. Li Jiacheng. Their support is crucial to the success of our plan." Bao Yugang continued.

There is no need to say much about Mr. Shen Bi. As the boss of Huifeng Bank and the core figure of Huifeng Bank, his attitude is of vital importance to Bao Yugang's layout.

Without Mr. Shen Bi's help, Longfeng International alone would have difficulty gaining widespread market recognition and trust in a short period of time. However, once Mr. Shen Bi's support is obtained, the situation will be very different.

If Mr. Shen Bi can subscribe for some of the new shares of Longfeng International on behalf of Huifeng Bank, this will not only be a great affirmation of Longfeng International's strength and reputation, but will also significantly enhance its influence and appeal in the capital market, laying a solid foundation for subsequent acquisition actions.

As for Li Jiacheng, Bao Yugang was impressed by his ability in trading the stock market.

Li Jiacheng’s rapid development over the years is largely due to his management team.

If Li Jiacheng supports it, some of Longfeng International's new shares can also be underwritten by Li Jiacheng's team.

Li Jiacheng and Bao Yugang have known each other for many years and have a very good relationship. They have long become very friendly business partners.

"Father-in-law, I have a suggestion regarding the current predicament. Although it may be costly to implement, it can quickly widen the gap between us and Swire Properties in Wharf Holdings shares, thereby consolidating our market leadership." Wu Guangzheng said suddenly.

"Oh? Guangzheng, tell me your ideas in detail." Bao Yugang's eyes lit up when he heard this, and he was obviously very interested in this proposal.

“This week, I have observed that in addition to us and the Jardine Matheson Group continuing to invest in Wharf shares, a group of well-funded market makers have also quietly entered the market. They have already accumulated a large amount of shares when the share price was still around HK$30 or HK$40.

The selling assistance of these market makers played an indispensable role in our successful absorption of such a large number of shares on Thursday. As the news of our competition with the Jardine Group gradually spread, this situation was unavoidable and was expected. I speculate that there are still many market makers in the market holding a large number of Wharf shares, waiting for the opportunity.

If we can persuade these market makers to transfer their stocks to us, we can significantly distance ourselves from our competitors and take the lead without alerting the Jardine Matheson Group.” Wu Guangzheng explained his strategy in a clear and logical manner.

After hearing what his son-in-law said, Bao Yugang showed an approval look on his face.

This is indeed a good idea.

Although the cost is high, the same is true for stock market gambling, which often requires huge investment.

Moreover, now that they have come this far, there is no turning back.

Otherwise, stopping will only make the losses even greater.

"This method is feasible. I will personally contact these people secretly. As for you, Guangzheng, take over the management of Longfeng International as soon as possible. Next week, there will be another tough battle to fight!" Bao Yugang said solemnly.

Hong Kong is not small, but it is definitely not big either.

Bao Yugang has been active in the Hong Kong business world for many years, so he naturally knows the whole of Hong Kong like the back of his hand. He knows all the famous stock market makers in Hong Kong, and he has a good relationship with some of them. Many of these people will always give him face.

In addition, the securities traders in the stock exchange who wear the iconic red vests have rich industry resources and personal networks. Although they are strictly regulated and cannot directly disclose customer information, Baochuanwang can cleverly use this relationship to indirectly convey his intention to privately acquire stocks to certain key securities clients, thereby realizing his business layout.

(End of this chapter)