Reborn in America: Starting as a California Resident

Chapter 90 Successful Investment in Hutchison Whampoa

As night falls and the city lights come on, the Hong Kong skyline gleams in the darkness.

Inside the magnificent headquarters of HSBC, Shen Fei, the deputy general manager of the sci-fi arcade game, calmly entered the core area of ​​this financial giant, surrounded by the legal team sent by Henry.

Shen Bi had been waiting in his office for quite some time;

Upon receiving notification from his secretary, he and his deputy, Pu Weishi, immediately rose to greet her: "Ms. Shen Fei, welcome."

"Mr. Sir Michael Sandberg and Mr. William Prudential are too kind. It is my honor to meet with two financial giants like you."

Shen Fei was dressed in a simple business suit, and every movement she made exuded competence and composure.

After a brief exchange of pleasantries, Shen Bi gestured to his secretary to present the carefully prepared draft equity transfer agreement.

"Miss Shen Fei, please have a seat."

This is a preliminary agreement we have drafted; you can take a look at it first.

"Okay, thank you for your hard work."

Shen Fei took the document, smiled slightly, and then began to examine it carefully.

HSBC truly deserves its title as the financial emperor of Hong Kong; the document it drafted in just one hour far surpassed the results of many financial institutions that took several days to produce.

The terms were clear and concise, and each item was carefully designed to protect HSBC's core interests while also leaving room for negotiation for the sci-fi arcade game.

As Shen Fei read, she nodded to herself in agreement.

Time passed by, and the only sound in the office was the rustling of Shen Fei turning the pages of documents.

Sim Phillips and Przyborg waited patiently, hoping for positive feedback from the other side.

Finally, Shen Fei raised her head, a satisfied smile on her face. "Mr. Shen Bi, Mr. Pu Weishi, this agreement is excellent."

Most of the content is quite fair and reasonable, but we may need to discuss some details further...

As she spoke, she handed the draft to her legal team, who then conducted a thorough review of the contract terms to ensure that no details were overlooked or misunderstood.

Shen Bi did not refute this, but simply smiled and nodded to indicate his understanding.

"Of course, Miss Shen Fei, these are all negotiable."

We hope this collaboration will bring about a win-win situation for both parties.

"Provis, please lead our legal team to further communicate with Ms. Shen's team regarding these details to ensure that all terms meet the needs of both parties."

After saying that, he turned to Shen Fei and added, "HSBC is very sincere about this transaction."

We will do our best to accommodate your timetable and strive to reach a final agreement as soon as possible.

"Miss Shen, please."

Pu Weishi also stood up and politely invited Shen Fei's team to follow him to a small conference room to discuss more detailed terms.

Shen Fei readily accepted, nodded slightly to Shen Bi, and led her team to get up and follow Pu Weishi into the conference room.

In the small conference room, the legal counsel for both sides engaged in an in-depth discussion, examining each clause of the draft clause by clause.

Shen Fei would occasionally offer her own insights, and her team would meticulously record the areas that needed adjustment.

Although the discussion was filled with technical jargon and details, everyone maintained a high level of professionalism, striving to ensure that every clause was clear and unambiguous.

After several hours of careful negotiation, the legal counsel finally reached an agreement and finalized a new version of the agreement that was acceptable to both parties.

Shen Fei reviewed the revised document again and, after confirming that it was correct, said, "Thank you for HSBC's support and understanding. I believe this agreement will lay a solid foundation for our future relationship."

Shen Bi, who had just arrived in the conference room, also had a satisfied smile on his face: "Ms. Shen Fei, we also look forward to the success of this cooperation."

Please trust that HSBC will be your strongest partner.

As he spoke, he handed Shen Fei his personal business card, indicating that she could contact him directly if she needed anything in the future.

Shen Fei accepted the business card with great respect, expressing her deep honor.

To be honest, despite Shen Fei's display of extremely high professionalism throughout the entire process;

But even now, she is still in a dreamlike state.

After all, just over two months ago, she was just an unknown junior accountant, buried in trivial work every day.

Who could have imagined that her identity would undergo such a dramatic change in such a short period of time?!

Now, even a financial tycoon like Shen Bi has to hand her his business card!

This transformation brought Shen Fei's excitement and pride to a peak.

"Ms. Shen, it's clear that you are a very capable person."

I really look forward to our next collaboration.

"Thank you for your praise, Mr. Sim Birm. I also hope that this collaboration will establish a long-term and stable cooperative relationship between our two companies."

Thus, at 6:27 a.m. on June 5, 1979, the Hong Kong legal team appointed by Henry, led by Shen Fei, successfully acquired 22.4% of Hutchison Whampoa's shares for HK$7.2 million, becoming the company's largest single shareholder.

According to the transaction agreement, the first payment is half of the total price, namely HK$3.6 million, and the remaining amount will be paid in installments in the future according to the pre-agreed terms.

Since 1972, the Hong Kong dollar has been officially pegged to the US dollar.

Since 1974, the official exchange rate has remained at 4.6 Hong Kong dollars to 1 US dollar.

Therefore, the initial payment is equivalent to approximately US$7826 million.

After the transaction was completed, Shen Fei and her team left the HSBC building, feeling both relaxed and full of a sense of accomplishment.

Back in her office, she immediately dialed Henry's private line. "Boss, the deal has been completed smoothly. We have paid the first installment as planned, and all the legal documents have been signed."

I also arranged follow-up procedures, including meetings with Hutchison Whampoa's existing management team, to demonstrate our commitment to cooperation and to explore how we can jointly drive the company's growth on the existing foundation.

"You did a great job, Shen Fei," Henry's voice came from the other end of the phone, with a satisfied tone. "At this stage, we don't need to rush to replace Verri's position."

Our main focus should still be on sci-fi arcade games.

As for Hutchison Whampoa, for the time being we only need to appoint one financial representative to the board of directors to oversee the financial situation.

"Understood, boss."

Shen Fei replied, "I have prepared suitable candidates who will quickly familiarize themselves with Hutchison Whampoa's financial situation and play an active role on the board of directors."

At the same time, I will make sure they understand their responsibilities and focus on financial oversight without interfering in day-to-day operations...

"How is the factory's raw material procurement going?"

Shen Fei: "Don't worry, boss."

Thanks to Robert's efforts, we added three new suppliers.

Currently, daily production has reached 2200 units, and it is expected to increase to 2500 units by the end of this month.

"very good!

However, most of the markets in Europe and Asia are still untapped, and we need to further increase our production capacity.

I recently purchased a batch of production equipment in the United States and will immediately contact ships to transport the first batch of equipment back to Hong Kong.

Our goal by August is to increase production to 3000 units per day and increase the proportion of self-made components…”

"Okay, boss!"

We've been following your plan precisely and haven't fallen behind.

"That's good!

"Keep working hard for a while longer, and your bonuses will be substantial by the end of the year!"

"By the way, boss, we were attacked by gangsters in Causeway Bay tonight on our way to HSBC."

"oh?

Are there any casualties?

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