Chapter 302: 300 [Cooperation also requires qualifications]

The battle for Wheelock and Company was even more massive than the Bull Race in 72 and the Wharf Holdings takeover in 75. Many investors speculated on the stocks of the three companies. Although the stock prices could not be compared with those in the Bull Race, the companies and banks involved in the battle were all leaders in Hong Kong's business community.

Such an uneasy scene naturally made many capable people from powerful Chinese companies eager to make a move. However, they all knew that as long as a third party joined the business war, the two warring parties would stop immediately or even turn around to deal with the third party. So everyone was watching, and some shrewd people were constantly observing and paying attention, recording it all, and perhaps they could gain some experience from it for use in future business wars.

Li Wendi concluded that business war is a war of funds, and financial reserves must be prepared in the early stage for the worst-case scenario. In fact, Li Wendi was not well prepared for the acquisition of Wharf Holdings. If he had been less lucky, Wharf Holdings would definitely have missed the opportunity.

The acquisition of Baohe Investment Company was a small-scale one (compared to the battle for Wheelock & Co.), and encountered such an incident, so it naturally would not attract too many people's attention. In addition, Li Wendi persuaded He Yongjian to "cash out and leave", so the acquisition was quickly stopped.

Yuanhe Newspaper made a profit of 430 million yuan from the acquisition, while Dasheng Real Estate Company lost tens of millions of yuan, but gained a Baohe Investment Company.

Since He Yongjian of Yuanhe Newspaper chose Baohe Investment Company, which had relatively poor qualifications, Dasheng Real Estate Company still had to spend a lot of effort and money on the subsequent asset restructuring. This made Ma Jincan very angry. He felt that this was a trap dug for him by Li Wendi.

"Dad, Baohe Investment Company has been taken over by our company, but their operating condition is not good. The funds in the account are only enough for a few months of operation, and other debt problems are also quite serious. What should we do? Should we issue new shares to raise funds to solve these problems?" Ma Qingwei asked from the side.

Ma Jincan thought for a while and finally made a decision. He said, "Let's find a buyer for Baohe Investment. There is no need for us to waste our energy on running a company that has no good prospects, and running this company will affect the development of Dasheng Real Estate Company."

"."Ma Qingwei was speechless. The company he had just acquired was going to be sold again. Dasheng Real Estate would suffer a lot of losses.

Buyers are not fools and will certainly take the opportunity to lower the price. In addition, the situation of Baohe Investment Company is not good, and the result does not seem to be good.

After thinking it over again and again, Ma Qingwei decided to persuade him again, "Dad, running Baohe Investment Company will cause Dasheng Real Estate to suffer losses, but this should be temporary. As long as we grit our teeth and get through this difficult time, we can still make back the lost funds from Baohe Investment. Why not let me give it a try?"

Ma Jincan looked at his fledgling son and thought that losing some money to help the heir grow seemed to be a good choice.

He nodded and said, "Okay, Baohe Investment Company will let you play the dice."

"Thank you, Dad! I will definitely run it well!" Ma Qingwei said with great joy.

In the eyes of the heirs, the most satisfying thing is to be the head of a listed company and be free from the control of their father. This way they can have fun and achieve good results, gain recognition and consolidate their position.

The two sniping battles cost Dasheng Real Estate Company a lot of money. It will be unlikely to snipe Li Wendi and people related to Li Wendi in the future.

Although Ma Jincan resented Li Wendi, he had not yet lost all his reason. It was impossible for him to make the final bet with the future of the Ma family and the fate of Dasheng Real Estate Company. If he lost, the tragedy would be huge, even irreversible.

So, Ma Jincan decided to let the matter go and restore Dasheng Real Estate Company to its original state first, and then deal with other things.

Qi Nian Newspaper Company
He Yongguan had a bright smile on his face. Yuanhe Newspaper not only earned 430 million from Baohe Investment Company, but also got a favor from Li Wendi. It can be said that it killed two birds with one stone. The next listing is basically stable.

"The Dasheng Real Estate Company is in a bad state this time. Adding the loss from the previous Yongchangsheng Real Estate Company acquisition, the total loss should be no less than 4000 million. I don't think Ma Jincan will make any big moves next, but it's always a good idea to be on guard." Li Wendi smiled faintly. He must have been keeping an eye on the Dasheng Real Estate Company. If there was any mistake, he would pounce on it and take a bite of the meat.

"Okay, I'll pay attention to it." He Yongjian nodded. He admired Li Wendi. After all, he was a self-made man.

"With a profit of more than 400 million, Yuanhe Newspaper can choose a listed company with better qualifications and save some time on asset restructuring." Li Wendi said casually.

Poor assets and financial conditions will naturally bring great difficulties to restructuring.

"I heard from Qijun that you bought a large amount of Hutchison Group and Wheelock Holdings shares in the stock market. Congratulations, you are going to make a fortune." He Yongguan said with a smile.

Li Wendi knew that there would be a sequel, so he smiled and waved his hands, saying modestly, "It's just good luck."

"Although Yuanhe Newspaper has made several million from Baohe Investment Company, there is still a shortage of funds in the account, so I want to get some funds from the stock market. Can Wendy give me some advice?" He Yongjian directly expressed his thoughts.

Li Wendi thought for a moment and said, "Investment in the stock market is very risky. I have also failed before. It is not certain that you will make money. If you want to be more stable, you might as well invest in blue-chip stocks. Although you will earn less, you will not lose money. The current stock market has great potential for growth."

The stock market is Li Wendi's ATM, and he makes huge profits by relying on his memories of his past life. It is not impossible for him to promote He Yongjian, but what needs to be paid attention to is He Yongjian's network of relationships. If a bunch of people follow suit and buy in, any good thing can turn into a bad thing.

Li Wendi didn't want to be implicated by these people and suffer heavy losses in the end. After all, Li Wendi didn't bring He Qijun and Zhang Yan with him, so how could he bring He Yongjian to play together?

"Okay!" He Yongjian naturally knew that this was Li Wendi's polite refusal. He still overestimated their friendship and thought that Li Wendi would help him once or twice for He Qijun's sake.
Seeing that the atmosphere was quite tense, He Qijun said with a smile to ease the atmosphere, "Brother Jian, have you chosen a listed company? If not, you can ask Wendy to help you with some advice."

"Not yet. We are still selecting." He Yongjian glanced at Li Wendi, and the smile on his lips was not as bright as before.

Li Wendi smiled and took out a document from his briefcase and handed it to He Yongjian, "This is a company I selected. Brother Jian, you can take a look first. If it's not suitable, look for another one."

Li Wendi planned that if He Yongjian didn't want it, he would give the information to Zhang Yan, who would definitely want it.

After all, what Li Wendi brings out can’t be too bad.

He Yongjian took the document and read it carefully. After more than ten minutes, he asked, "Isn't it difficult to acquire this company?"

Li Wendi smiled and said, "Good things are of course hard to come by. If Brother Jian finds it difficult to acquire them, I can help you find another one."

Wanting good things but not wanting to pay for them, there is no such good thing in the world.

Li Wendi might as well just buy the company and give it to you.

He Yongjian said this, but his body was honest and he had no intention of returning the documents to Li Wendi.

After chatting for a while, Li Wendi was called away by a phone call, probably about something urgent.

He Qijun sent Li Wendi to the door and closed it.

"Whatever can be taken out of Wendy's briefcase is very likely to be good stuff. You shouldn't have said that just now." He Qijun said to He Yongjian.

He Yongjian sighed and said, "I was thinking of asking Li Wendi to help with the acquisition. This is just a small matter for him." He Qijun was a little speechless and said, "I personally negotiated the listing of Qinian Newspaper, and Wendi was not directly involved. Do you think he would directly hand over the listed company to the He family and Yuanhe Newspaper?"

"." He Yongjian realized the problem. The bridge between the He family and Li Wendi was He Qijun. He couldn't do it for He Qijun, let alone the He family who was separated by a bridge.

"Don't use the same tactics as Uncle San on Wendy. It will only backfire." He Qijun continued to warn, "Even Jardine Matheson and HSBC were defeated by him. What is the He family? I'm afraid they can't withstand a single blow."

He Yongjian remained silent. Although the matter was not that serious, it was enough to show He Qijun's attitude.

"Okay, that's all I have to say! If you don't want this company, you can give it to me. Qinian Newspaper Company also needs to expand." He Qijun reached out to take the document on the desk, but He Yongjian was closer and reacted faster, so he got it first.

He Yongjian smiled awkwardly and said, "I didn't say no. Okay, you go ahead and do your work. I'll take my leave now."

Watching He Yongjian's leaving back, He Qijun began to understand why Li Wendi asked her to start a new business. There are some things that she really cannot agree with, and being able to make all the decisions on her own is the most comfortable thing.

Sun Hung Kai Securities

As soon as he saw Li Wendi, Hu Jinyan immediately trotted over and said, "Mr. Li, we have acquired 28% of Qingzhou Yingni Company's shares, but the other company seems to have discovered us."

"Have there been any major fluctuations in the stock price?" Li Wendi asked in a deep voice. Now is a turbulent time, and it is not the best time to acquire Qingzhou Yingni Company.

"No! As soon as we found something wrong, we immediately stopped the acquisition, but the savvy securities company still found the traces," Hu Jinyan explained.

Li Wendi thought about it and felt that the battle for Wheelock Group would soon come to an end. Now that he held a 28% stake in Qingzhou Yingmu Company, it seemed better for him to take the lead. Otherwise, if the major shareholder Rogers found an ally, he would be in big trouble.

"Then let's stop for a while. Please help me make an appointment with Rogers, the chairman of the board of directors of Qingzhou Yingni Company. It would be best if it were in the next few days to prevent things from changing." Li Wendi said to Hu Jinyan.

"Okay, Mr. Li! I'll try to find his connection later." Hu Jinyan naturally didn't know Rogers, so he could only find Rogers through his friends.

Li Wendi asked about the share prices of Wheelock and Hutchison Whampoa and then left Sun Hung Kai Securities.

The Peninsula Tsim Sha Tsui
The big guy Rogers sat opposite Li Wendi with some anger in his eyes. Although he did not hold a large stake in Qingzhou Yingni Company, he was also the chairman of a British listed company. Now Li Wendi's behavior was no different from robbery.

"Mr. Li wants to acquire Qingzhou Yingni Company?" Rogers asked unkindly.

Li Wendi said honestly, "Yes, there is such a plan. Qingzhou Yingni Company has a market value of 8000 million yuan, and I am fully capable of taking it over."

"Mr. Li is very straightforward. Qingzhou Yingni Company is a public company and will not accept acquisition by anyone." Rogers still wanted to be tough, even though Li Wendi's strength was far above his.

"Whether to accept or not is not up to Mr. Rogers, but the market and strength. If Mr. Rogers wants to block the acquisition case with just his mouth, it is probably very unrealistic."

"To be honest, Mr. Rogers, you can't stop me at all. I think only our cooperation can maximize our mutual interests. Otherwise, you will lose, I will lose too, and the shareholders will get the benefit for nothing." Li Wendi said with a faint smile.

Before Rogers came, he naturally found out Li Wendi's background. The record of acquiring Hutchison Whampoa was enough to shock Rogers. He still wanted to make a last-ditch effort, but Li Wendi's attitude extinguished all his remaining hope.

"Mr. Li, are you after the land in Hok Yuen in Hung Hom?" Rogers asked, staring at Li Wendi.

Li Wendi nodded and said, "You are right, but cement also has great development prospects in Hong Kong."

"Mr. Li, I have a better suggestion. Mr. Li, there is no need to acquire Qingzhou Yingni Company. We can fully cooperate in development. This will be more beneficial to both parties." Rogers changed the conditions to negotiate.

Li Wendi laughed and said, "There is an old Chinese saying, 'You can't allow others to snore beside you.' And I am an insecure person. There are few people I can completely trust."

"I am determined to acquire Qingzhou Yingni Company and I don't want to share the profits with others."

Li Wendi found it a little funny. He could have kept the profits for himself, so why should he share them with this group of people? If these guys turned around and cooperated with others, such as Li Jiacheng, wouldn't he be a fool?

"Mr. Li, you have more friends in the business world." Rogers thought he could convince Li Wendi with his eloquence.

Li Wendi listened attentively. When Rogers finished speaking, he continued with a smile, "Business is about interests, not relationships. Besides, this is the first time I've met you, Mr. Rogers. You're British, and I'm from Hong Kong, so we don't have much of a relationship."

"If Mr. Rogers is willing to sell his shares, please call me. I'm really busy recently. Sorry."

Li Wendi didn't want to continue talking nonsense. Since he didn't want to, he could only start with other shareholders. Waiting would only lead to failure.

Seeing that Li Wendi was really about to leave, Rogers immediately called out to Li Wendi, "Mr. Li, wait a moment!"

Of course, he was afraid that Li Wendi would succeed in acquiring Qingzhou Yingni Company. In this case, he would only be entitled to dividends from the stocks he held, and his cash would be locked up. It would be better for him to start over and make a comeback.

"Has Mr. Rogers figured it out?" asked Li Wendi.

"What price does Mr. Li intend to pay for my shares?" Rogers asked.

“2% premium!”

"No, the price is too low. It should be at least 3% premium," Rogers said.

"Okay, a 30% premium. We have a pleasant cooperation, Mr. Rogers." Li Wendi would not be reluctant to spend this little money.

However, the payment method and time need to be discussed carefully.

(End of this chapter)