Chapter 305 No power to fight back
After dinner, Li Changhe first accompanied Bao Yugang and Bao Zhaolong for a stroll. Of course, they did not go to the villa downstairs.

After all, Bao Zhaolong is over 80 years old, and it is not safe for him to walk on the mountain road at night.

After just taking a walk in Bao Yugang's villa, Bao Zhaolong went back to rest.

After Bao Zhaolong went back to rest, Li Changhe and Bao Yugang came to Bao Yugang's study again.

"Ayang, are you here for Wharf Holdings and Hong Kong Land?"

After the two men sat down, Bao Yugang asked Li Changhe seriously.

Of course, now he mainly refers to Li Changhe as "Bao Zeyang".

This kind of change must be started in daily life to avoid being exposed.

"Yes, uncle. Calculating the time, I think Yihe may take action soon."

"After all, it has been more than a year since you took over the shares of Wharf Holdings. I think Jardine Matheson may have reached its limit."

"In the near future, they may take action at any time!"

Li Changhe said with estimation.

The main reason is that he also forgot the exact time when the Kowloon Warehouse battle broke out.

Li Changhe remembered that it seemed to be the months of April, May and June, but he was not sure whether it started in April or June.

But no matter what, he couldn't wait for the Wharf Warehouse battle to break out before coming to Hong Kong Island.

For stock market transactions in this era, stock acquisitions are often a matter of one or two days.

Because there are four stock exchanges in Hong Kong Island today, namely the Far East Club, the Kowloon Club, the Gold and Silver Club, and the Hong Kong Club, the earliest Hong Kong Stock Exchange.

The four clubs brought in dozens of stock trading brokers, and spreading further down, there were more than a thousand stock brokers.

When these people act at the same time, the number of shares in circulation is actually very large.

After all, although there are many people speculating in stocks in Hong Kong now, most of the stocks are actually in the hands of the middle class, and the number of stocks held by ordinary retail investors is not large.

The stocks held by the middle class often have one characteristic, which is the large quantity.

"In fact, I think it's time for them to take action. I now hold nearly 30% of Wharf shares."

Bao Yugang said to Li Changhe with a smile at this moment.

During this period of time, he did not stop acquiring Wharf Holdings shares and continued to do so secretly.

In fact, in essence, it is forcing Jardine Matheson to take the initiative.

"By the way, I also bought some shares of Jardine Matheson for you."

"But there are too many shares of Hong Kong Land circulating in the market. The 10 million shares we received are better than nothing."

At this time, Bao Yugang gave Li Changhe another surprise.

Swire Properties is different from Wharf Holdings. Wharf Holdings' current circulating share capital is only around 100 million shares, and 10 million shares means more than 10% of the shares.

But Hutchison Whampoa is different. As one of the earliest listed real estate companies and after several splits, its total number of shares exceeds 500 million.

This is also one of the reasons why it is difficult for Swire Properties to make the acquisition. The number of shares is too large. As the stock appreciates, its market value becomes larger and larger, and more and more funds are needed for the acquisition.

Of course, having more shares also has an advantage, that is, if someone like Bao Yugang arranges for someone to acquire 18 million shares, it will not arouse the vigilance of the property at all.

Even the stockbrokers didn't think it was a big deal, after all, there were too many outstanding shares of Swire Properties.

"It's hard to win by sneaking around like this. If you want to acquire the land, you can only attack with force, and you have to do it all in one go. You can't just fight a tug-of-war!"

Li Changhe said seriously at this time.

Historically, Li Ka-shing has made several surprise attacks on Hutchison Whampoa. The most exaggerated one was that he joined forces with four major Chinese conglomerates including Sun Hung Kai Properties and had already begun negotiating stock prices with the Keswick family.

But in the end it failed.

“Do you think Jardine Matheson can really give up Hong Kong Holdings?”

Bao Yugang asked hesitantly at this time. "If Jardine Matheson really tries to save the land, there is still a chance!"

In fact, the position of Jardine Matheson is more important to Jardine Matheson than that of Wharf Holdings. Pao Yu-kong feels that Jardine Matheson will not give up so easily.

"It won't risk its life to save him, because Yihe is afraid!"

Li Changhe said firmly at this time.

The reason why he made such an assessment of Hutchison Whampoa was not because he had enough cash, but because he was certain that Jardine Matheson's confidence in protecting Hutchison Whampoa was not firm.

In fact, Jardine Matheson has been afraid since the 1970s, or even since the founding of the People's Republic of China.

It is well aware that it committed many evil things on the mainland in those years, and its industries in Shanghai, Jinhai and other places were also confiscated by the country like fallen leaves swept away by the autumn wind.

These elements make it feel very insecure in Hong Kong Island, so Jardine Matheson has actually been transferring assets and income over the years.

It has already sold some of the properties it holds in Central.

In the future, from the 1980s to the 1990s, it will further sell its real estate holdings.

It even considered selling the property to Li Jiacheng and others, but in the end they failed to reach an agreement on the price. In addition, the August 7 stock market crash caused Li Jiacheng and others to suffer financial losses, so the transaction fell through.

Therefore, what Li Changhe is most confident about now is actually the mentality of the Keswick family.

This family does not have the courage to fight to the death in Hong Kong Island.

Including Wharf.

He confronted Bao Yugang head-on, but in the end, seeing that the situation was hopeless, Jardine Matheson decisively admitted defeat and sold its shares in Hutchison Whampoa to Bao Yugang.

This is enough to show Jardine Matheson's mentality. They don't actually have to stay in Hong Kong Island.

"Besides that, I have another trump card."

"Uncle, when the time comes, I plan to use US dollars instead of Hong Kong dollars to buy Hong Kong's shares!"

“In dollars?”

Bao Yugang was quite surprised when he heard what Li Changhe said.

"Yes, now that Hong Kong Island has a free exchange rate, the exchange rate of the Hong Kong dollar against the US dollar has been rising!"

“For many people, the dollar is really just another stock, a stock that’s appreciating in value.”

"Most importantly, the U.S. dollar can be circulated around the world."

“Its appeal is greater than the Hong Kong dollar!”

"In this case, even if Jardine and I spend an equivalent amount of Hong Kong dollars to buy it, it will not be as attractive as US dollars!"

"Moreover, even if it finds a bank to lend it money, it won't be able to lend enough U.S. dollars."

"After all, even HSBC issues Hong Kong dollars, not U.S. dollars."

"Not all the US dollars in HSBC will be loaned to Jardine Matheson!"

"As for overseas banks, including banks in the UK, whether they recognize Hong Kong Island's land assets is still unclear."

Li Changhe said with a smile at this moment.

Bao Yugang shook his head.

"You have really got the upper hand over Zhidi now. I don't even think they have any chance to survive."

Hong Kong stocks cannot be traded directly with US dollars. They must be traded in Hong Kong dollars. However, there are ways to circumvent this. After all, the rules of the current stock market are not so detailed.

But before this, no one played it this way, after all, the exchange rate difference is also money.

But now, people like Li Changhe who hold a large amount of US dollars can naturally do this.

Bao Yugang could foresee that once Li Changhe played like this, Yihe would really be powerless to fight back!
(End of this chapter)