Chapter 483: Inventory of the Four Major Foreign Banks
Wang Yuanchao received Emma's telegram:

Patricia gave birth to a son on March 3 and named him Davis.

Why did Emma send herself this telegram?
They are all divorced!

wrong! ! !

Wang Yuanchao calculated the time of the child's birth. If nothing unexpected happened, it should be the time when he and Patricia had their breakup sex.

Of course, Patricia didn't just want Wang Yuanchao as a man. People in the music industry were very casual about that. Wang Yuanchao just wanted her belly and her last name, and didn't care about it at all.

But Davis, this is probably his own child, he can't let his child have someone else's surname, right?
He hadn't met Patricia since Zipperton got married last year. But at that time, well, she probably wasn't too obviously pregnant.

The baby was born on March 3st, so SHE definitely couldn’t perform around Christmas. Didn’t anyone tell them?
That's right. I've divorced Patricia, and Bruce and Thomas are in charge of Muse. They definitely won't report these things to me. It's annoying.

Boss: Your ex-wife is pregnant!
Boss: Your ex-wife is too pregnant to perform!
Boss: Your ex-wife gave birth to a baby!
Wang Yuanchao does not care about the daily management of Muse, which is very reasonable.

But Emma has always been SHE's direct agent, so she should know more clearly. She sent me a telegram, so she must have some confidence.

However, if Wang Yuanchao were to go directly there now, he would have to wait another two days. The Spring Fair was coming up, and he was going to go north to Yangcheng to meet up with his family, and then figure out the matter.

Even though major events occurred in the mainland, the Spring Fair of 76 was held as usual.

Wang Yuanchao also came early and called his elder brother Wang Sheng.

But I learned from the phone call that this year's opening ceremony performance was cancelled.

I think the guests can understand. Besides, it’s meaningless to have the same performance every year.

So even though Wang Yuanchao came to Yangcheng, he couldn't meet his family.

No one from the art troupe came, so he didn't dare to go north rashly.

After all, his letters of introduction and information were all from the art troupe.

What if someone checks your letter of introduction and asks you if your art troupe won't be performing in the south this year? What should you say?
It’s okay to tell a lie, but I’m afraid people will take it seriously and go to the company to verify it.

If something big happens in the capital, everyone's vigilance will suddenly increase.

So I had to chat with my brother on the phone.

"Is everything okay at home?"

Wang Shengdao:
"Everything is fine. In February, your second brother gave birth to a nephew for you. His name is Wang Yilai."

Wang Yuanchao was surprised:

"He has four sons now, right?"

Wang Shengdao:
"Really? You're trying so hard to compete with me in giving birth to a child. You want a daughter, but you can't have one, ah."

There was actually a hint of pride in the eldest brother's tone. With the Wang family's genes, it seemed difficult to have a daughter.

If the Liu family knew that the second brother wanted a daughter instead of a son, they would be envious to death.

No, I can give birth to a son too! Look, there is another one in the United States that needs to be confirmed!
He has many wives, but none of them is big enough to give birth to a child.

"So you and your sister-in-law didn't continue the relationship?"

Wang Yuanchao felt abrupt when he asked this question. After all, his sister-in-law had just given birth to a son in April last year, making her three sons and one daughter. It wasn't so fast now.

Wang Shengdao:
"We originally wanted to have a baby, but such a big thing happened in January. We thought that in order to express our respect and remembrance for the great man, we decided to observe mourning for three months."

Wang Yuanchao was silent for a moment. They were really thoughtful. On the contrary, he seemed to be...

National conditions are different. Don't focus on form, focus on substance. Hmm. Wang Yuanchao comforted himself in this way.

"By the way," Wang Sheng added, "My younger sister graduated this year and was originally going to return to the art troupe, but the General Political Department took a liking to her and came to transfer her to us."

Wang Yuanchao was stunned. He knew his little sister's true level best. She almost didn't have the abilities that others valued.

"She agreed?"

Wang Shengdao:
"What are you talking about? The level over there is much higher than ours, and many people would love to get there.

But my younger sister was the same, she kept telling me that she wanted to return to the group.

You said, I am her elder brother, how can I block her future? "

It seems that the younger sister is also self-aware and knows her own limitations. However, the other side is impressed by her talent and potential, and the older brother here feels that he cannot block her future, so her voice is simply ignored.

If my little sister could talk to me now, she would probably cry with excitement. It's too scary.

Wang Yuanchao smiled and said:
"Then please tell her to calm down and start over. I will keep an eye on her."

Wang Shengdao:
"Okay, I'll bring it to her. By the way, are you...everything okay over there?" Wang Sheng wanted to ask in more detail, such as whether your wives had given birth to new babies for you, but he was afraid that someone would monitor the phone calls, so he could only ask a vague question of concern.

Wang Yuanchao said:

"I'm fine, don't worry."

Wang Shengdao:
"Maybe we can meet in the fall."

Wang Yuanchao hummed and said nothing.

Big things are happening one after another, and it feels like the sky is falling!
If the situation continues like this, he probably won't be able to go back this year.

However, we will soon be able to move freely.

Since his elder brother and the others couldn’t come, Wang Yuanchao went straight back to Hong Kong without waiting to attend the Spring Fair.

There are so many things happening in the mainland that not only is he powerless to do anything, he is even unable to lend a helping hand when major natural disasters occur.

Simply out of sight.
-
Before going to the United States, Wang Yuanchao needed to take stock of the business in Hong Kong.

Since the Hong Kong Hang Seng Index hit bottom in December 74, Wang Yuanchao entered the market with Hong Kong and US capital to buy at the bottom. After more than a year of development, the Hong Kong stock market has basically stabilized at 12 points.

The four major trading companies in Hong Kong are Jardine Matheson, Wheelock, Hutchison Whampoa and Swire.

Over the past year, Wang Yuanchao quietly acquired 22.86% of Jardine Matheson's shares, 34.35% of Wheelock's shares, 39.92% of Hutchison's shares, and 12.74% of Swire's shares.

These stocks are divided into hundreds of accounts, including Hong Kong and US funds. Whenever needed, they can be concentrated in one account.

No one could have imagined that the American capital under his control was so powerful.

Sometimes he would push up the stock price, report some company's dirty laundry, sell off shares, and if there was bad news about a company, he would quietly speak ill of it. In short, he would buy a large number of shares of these foreign companies.

There is nothing we can do about Taikoo, because Taikoo is simply "not enterprising".

The so-called "lack of ambition" means that Swire acts conservatively and will not act rashly unless there is absolutely no risk.

As for the other three foreign companies, as long as there is a 30% chance of success, it is worth a try. This is why Wang Yuanchao was able to buy the stocks of the first three companies at a low price during the previous stock market crash.

Most of Swire's shares are in the hands of the Swire family, who firmly control the company's controlling rights. They would rather build houses honestly and expand their business empire bit by bit than make big strides in finance.

This kind of solid fortress will be very stable, not to mention now, even in a few decades, the number of Taikoo Lis in China is proof of this, aren’t they?

It was not only Wang Yuanchao who started acquisitions in the market, Swire also took action upon hearing the news.

In mid-January 1975, Swire Pacific took the lead in issuing 1 million new shares in exchange for 280 million shares of Swire Cheung Development, a subsidiary of Tai Cheung Properties, and then transferred the shares to Swire Properties. Swire Cheung then issued 1050 million new shares to Swire Properties in exchange for 1210% of the shares in the first phase of Taikoo Dockyard development plan (later Taikoo Shing). As for Swire Cheung, it sold the land in the eastern part of Aldrich Bay to Swire Pacific at a low price.

Through this game of bonus shares, stock exchanges and new stock issuance, the equity of small shareholders is naturally "diluted", while the strength of the company grows rapidly.

Yes, although he came from a time travel back in time, apart from spending money on shopping, issuing stocks to raise funds, and playing robbery games such as allotment and stock exchange, he is not very willing to do it because it is too ugly.

Moreover, once the acquisition was launched, it would be exposed, which was not in line with Wang Yuanchao's character of making money quietly.

Although he was the first to start buying at the bottom, buying with real money cannot be as fast as robbery.

Jardine Matheson followed Swire and started to acquire and merge. After acquiring Dairy Farm, they acquired Golden Gate Construction through the old trick of exchanging shares. Golden Gate Construction owned Golden Gate Building in Central (now the location of Bank of America Center), which was later resold to its subsidiary Hong Kong Land for HK$7.15 million, making Jardine Matheson a big profit.

Rather than being robbed by Jardine Matheson and Swire, it would be better for his Pacific Industries to be robbed.

His financial strength is much richer than that of Swire and Jardine Matheson.

However, Pacific Industrial also acquired various types of land, and Hong Kong Commercial Bank acquired some licensed financial companies and insurance companies.

Even though they are not popular now, they will be a fortune in the future.

There were also some people who were not very smart and wanted to acquire his company by exchanging shares. But as long as Wang Yuanchao spent some money, he could acquire the other party in a few minutes. After this case, no one dared to do it again. No matter what, they had to find out the details of the company to be acquired.

Jardine Matheson even wanted to acquire Wheelock, but the deal was not successful. Not only Jardine Matheson, but even Hutchison wanted to merge with Wheelock, but the deal was not successful either.

But Henderson Land was basically in Wang Yuanchao's pocket.

Because the two major shareholders, Zhang Yuliang's family and Madden's family, disagreed and were not optimistic about the development of Hong Kong. As long as Wang Yuanchao swallowed up their stocks, he would soon hold more than 50% of the shares and could implement a mandatory repurchase of minority shareholders' stocks. However, the cost of acquiring the stocks held by the two families was relatively high, so he was not in a hurry and slowly nibbled away and waited for the opportunity.

[In 85, the charter king also directly or indirectly held 34% of Wheelock's shares, and completed the acquisition of Wheelock. Now the stock market crash in 74 has fallen even more severely, and Wang Yuanchao got in earlier]

As for Hutchison, they expanded too quickly before, and after the stock market crashed, they lost momentum and sold off various assets. Wang Yuanchao's American capital also took over some of them.

They even sold 33.7% of their shares to HSBC and received 1.5 million in cash.

This was also the biggest variable in the future change of ownership of Hutchison Whampoa. Li Chaoren even achieved the goal of swallowing an elephant with just 6 million Hong Kong dollars.

(End of this chapter)