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Chapter 403 Heungkong Electric Group

Jardine's shortage of funds forced Henry Keswick to sell the Heung Kong Electric Lighting Group in exchange for cash to ease the financial pressure on Jardine Matheson.

However, Henry Keswick did not want to sell Heung Kong Electric Lighting to Li Guangyu. It was too cheap for Li Guangyu. At the beginning, the market value soared to more than 7 billion Hong Kong dollars. But now, the market value of Heung Kong Electric Group on the stock market is only 200 million Hong Kong dollars. It's more than 800 million, which is a full two-thirds less than before.

Even Henry Keswick had some regrets. If he had known this earlier, he would have taken advantage of the high price and sold the shares to Li Guangyu, which would not have caused them such a heavy loss.

It's a pity that Henry Keswick didn't want to transfer the Xiangjiang Electric Lighting Group to Li Guangyu, and he couldn't find any other group in Xiangjiang to take over. The Chinese families all know that Li Guangyu is interested in this group, and the current situation is not very good. , they are not willing to pour so much money into it.

In the end, Henry Keswick came to HSBC and asked Shen Bi if he was willing to take over the Xiangjiang Electric Lighting Group.

Although Shen Bi is determined to win the Heung Kong Electric Group, unfortunately, HSBC's current losses in the stock market have forced him to deal with it carefully. The current stock market situation is not stable, so it is better to be cautious.

Shen Bi said: "Keswick, we at HSBC can contact you to see if anyone is willing to acquire the shares of Xiangjiang Electric Lighting Group. We at HSBC have no plans to take over the shares of Xiangjiang Electric Lighting Group in your hands for the time being."

Now Shen Bi wants to sell some of the shares held by his investment department. He can't understand the current situation in Xiangjiang, especially the sudden collapse of the stock market, which is a big blow to Shen Bi.

Henry Keswick said: "Shen Bi, which group are you going to contact to take our shares? In Xiangjiang, except for the Li Group and the He Family and Cao Family that he is associated with, I have asked them all, and no one of them has any idea. This is of interest."

Of course, Shen Bi is aware of the current situation. If he wants to take over the Xiangjiang Electric Group, currently only the Li Group has such cash. Other groups must borrow money. However, the profitability of the Xiangjiang Electric Group's loan acquisition will not be of great benefit to them. Especially at this time.

Shen Bi smiled and said: "Keswick, why don't you sell it to the Li Group? I believe they will be happy to take over your shares, and the cash can be guaranteed."

Henry Keswick said: "As long as someone is willing to take over, I will not sell to the Lee Group. When our group competed with them last year, it cost billions of Hong Kong dollars. Now we can sell it to them at a cabbage price, no matter what we think about it. If you don’t want to give him trouble, it’s better to find trouble for him and come over and have a fight with Li’s consortium, which can also reduce the pressure on our British-funded consortium.”

Shen Bi also hopes that such a consortium can take over. Li Guangyu has long regarded the Xiangjiang Electric Lighting Group as his own. If the Jardine Group sells it and lets other groups buy it, this is obviously a conspiracy. Li Guangyu's face, the Li Group has to fight back for the sake of face, so that the British-funded consortium can watch them fight from behind.

Shen Bi thought about some of the consortiums he was familiar with to see which one he could pull over to contain the Li Group so that the Li Group would not continue to target him and others in Xiangjiang.

Shen Bi is familiar with several major consortiums in Japan. Due to his work, Shen Bi has worked in Japan, Singapore and other places, and he is familiar with the local consortiums. However, he does not want to think about the consortiums in Japan. The strength of these major consortiums is far stronger than that of the Li Group. Their introduction will undoubtedly attract wolves into the house.

On the contrary, Singapore is more suitable. They are both members of the Commonwealth. The arrival of the Singaporean consortium will be of great benefit to the current situation in Hong Kong. First of all, the pressure on the British consortium will be reduced, and several major families in Singapore are all Chinese. family, once they take over the Heung Kong Electric Group, it will have a huge impact on the unity of the Chinese family.

The reason why the British-funded consortium is so passive at present is that the major families in Xiangjiang are on the same page when facing them, and can unite as one in competing for anything with their British-funded consortium, so that their British-funded consortium does not have much advantage. .

Especially with the current development of the Li Group, once a family in Xiangjiang wants to continue to attack the companies under their British-funded consortium, Li Guangyu will definitely give them some help. The current form of the British-funded consortium can no longer withstand the alliance of the major families in Xiangjiang. Sniped.

Shen Bi said: "Keswick, my suggestion is to contact the local consortium in Singapore. Your group also has many connections there. You can see if anyone there is willing to take over the Xiangjiang Electric Group. Many families there are still very Those who are optimistic about the development of Xiangjiang will benefit us a lot if they enter."

After Henry Keswick thought for a while, he felt that he could only give it a try for the time being. He wondered if the family in Singapore would dare to come to Xiangjiang to take over the Xiangjiang Electric Lighting Group in his hands. The deterrent power of the Li Group was Not small.

Henry Keswick said: "Shen Bi, this time I will not only contact the local consortium in Singapore, but also some consortiums in Australia to see if anyone is willing to take over. After all, there are also Chinese families in Singapore, and they I'm afraid it won't be easy to come here to take over the deal. Instead, it's some consortiums from Australia. They don't have so many concerns, and the Lee Group doesn't have much influence in Australia."

Henry Keswick failed to get what he wanted with HSBC. He can only wait and see if there is a consortium within the Commonwealth to take over. He is now in urgent need of funds to ease the financial pressure of Jardine Matheson Group. If the funds cannot be withdrawn as soon as possible, he Jardine Matheson There will be some problems in the operation of the group.

After Henry Keswick returned to the group, he immediately found the general manager of the group's administration department and asked her to contact the people in charge in Singapore and Australia to get in touch with the consortium to see if they were willing to eat the Xiangjiang in their hands. Electric Light Group.

Henry Keswick also specifically asked not to disclose the Li Group's attitude towards the Heung Kong Electric Group to those consortiums. He was worried that if these groups knew about it, it would make it more difficult for him to sell the Heung Kong Electric Group.

After the inspectors from these groups come over, Henry Keswick will find a way to prevent them from reporting the Li Group's thoughts on the Heung Kong Electric Group to the headquarters, and just report truthfully the operations and financial situation of the Heung Kong Electric Group.

After the general manager of the group left the office, Henry Keswick contacted Wooden Swire of the Swire Group and informed him of some of his plans, and asked them to also contact some consortiums they could contact in these two areas. , see if anyone comes to take over.

Wu Tengshihuaiya has been overwhelmed by the offensive of the Li Group in the past two days. He is naturally willing to cause trouble for the Li Group.

Wooden Swire said: "Keswick, your plan is good. I will ask the local person in charge of our group to contact us to see if there is any consortium willing to develop here."

Henry Keswick said: "It is best to find a strong enough consortium this time, so that the pressure on both our Jardine Group and your Swire Group will be reduced a lot."


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