Chapter 174 Jardine Land, the largest foreign bank in Hong Kong!

When the Chinese and British capital in Xiangjiang thought that Yang Ming was satisfied and wanted to digest Wharf and Hutchison Whampoa, Yang Ming never stopped.

Except for Melis, no one else knew about this.

Yang Ming's real target has been placed on Jardine Matheson Land, the largest foreign company in Hong Kong.

Jardine Matheson.

The largest foreign bank in Hong Kong.

In addition to the Wharf Group, which was swallowed up by the Empire Group, the most important subsidiary is Xiangjiang Land and Investment, which is known as the crown jewel of Hong Kong and the largest real estate company in Hong Kong.

In 1972, Heungkong Land even broke out in the famous "Cow Purchase War" and finally succeeded in taking over the dairy company.

The milk company was first built with British capital in Hong Kong to raise dairy cows and squeeze fresh milk for sale.

It wouldn't fetch much in Xiangjiang.

In the view of British investors such as Niu Bijian, Yang Ming paid a high price for acquiring Wharf, Hutchison Whampoa, and even becoming a shareholder in Huifeng Bank, and he must not have that much liquidity to acquire other companies.

investment bank.

Until 1983, there was a struggle between Jardine's internal shareholders and management, including Jardine Taipan Niu Bijian, and Land General Manager Bao Fuda had no choice but to resign. The Josek family, the major shareholder of Jardine, which had lost Taipan for 13 years, returned to Jardine again.

center of power.

In addition to Xiangjiang, Jardine Matheson also has other investments in Southeast Asia, Europe and the United States.

In the past, these lands were worthless.

Jardine Matheson, Xiangjiang Land.

At the same time, Jardine Matheson also reduced its shareholding in Land from 30% to 25%.

It is precisely because of that, the shares in Wharf were too few that attracted the attention of Li Jiacheng and others.

There are also buildings, Kinmen buildings.

There is another foreign company, Taikoo & Co.

In addition to Xiangjiang Land, there are also hundreds of companies under Jardine.

After growing stronger and digesting the acquired foreign banks, the Chinese tycoons began to look at the next target.

It is precisely because of this situation that not only the Yosek family is afraid, but Niubijian is also afraid.

Jardine Taipan, the largest shareholder of Jardine, the Josek family.

Hotel, Mandarin Oriental.

The industrial chain of Yihe is very large and extensive.

Jardine Matheson injected real estate, listed company stocks and other assets into Land, raising its shareholding ratio to 27.8%.

These are what happened to Jardine Land in history.

Land is a huge temptation for Chinese real estate developers.

It was just nine months after Yang Ming swallowed up Wharf and Hutchison Whampoa.

A Land Company owned by Jardine Matheson.

However, with the real estate collapse of Xiangjiang Real Estate in 1983 due to the 1997 issue, Yizhi Mutual Control became a liability for Yizhi.

For example, the Lee Family has enclosed a lot of land in the Causeway Bay area in their early years, so much so that they are called the King of Causeway Bay by the citizens of Xiangjiang.

In the early days, the Josek family only owned 5% of Jardine Matheson's shares and controlled Xiangjiang Land through Jardine Matheson's 10% stake in Land.

This situation made the Yosek family of Yihe and even Niubijian, the chief executive of Yihe, nervous.

Those lands were originally used for cattle ranching.

before this.

There are even rumors that Chinese capital will join forces to take over Jardine and then control Land through Jardine.

During the same period, Land also bought shares of Jardine Matheson in the secondary market, holding a total of 40% of Jardine Matheson shares.

In other words, the largest shareholder of Jardine Matheson Land uses Xiao Bo Da to control Jardine Matheson Land.

In other words, Xiangjiang Land can be hailed as the crown jewel of Xiangjiang and the largest real estate company in Xiangjiang. It owns a lot of reserved land and newly built properties in Xiangjiang.

now.

It's now 1978.

before this.

Secondly, Jardine Matheson purchased Land shares through high-priced holdings in the secondary market, raising its shareholding ratio to 40%.

In January 1984, Land placed 72 million shares of Jardine Matheson at HK$12.3 per share, cashing in HK$860 million, reducing Land's stake in Jardine Matheson from 42.6% to 25.3%.

It is known as the "Crown Pearl" of Xiangjiang Real Estate.

Insurance.

In fact, the dairy company also owns a lot of land in the Causeway Bay area.

At the right time, he will swallow up the largest foreign bank in Hong Kong.

but.

In March 1986, Jardine Securities purchased 12.5% ​​of Jardine shares from Land, further reducing Land's stake in Jardine to 12.5%.

The Yosek family never gave up.

Niu Bijian of Jardine Land has been shocked by Yang Ming's successive acquisitions, but it is not as bad as in history.

...

It was precisely because of that that Yang Ming knew that the longer the time went by, the more the Yosek family and Niu Bijian would react.

Niu Bijian made great contributions to retaining Jardine Land.

Shipping, Xiangjiang Air Cargo Terminal, Yizhong Airport Services, Xiangjiang Container Terminal.

In addition, Niu Bijian did not know how much liquidity Yang Ming had.

However, in the early days, the dairy company occupied a large amount of land in Pok Fu Lam and Causeway Bay.

Over the years, land in Pok Fu Lam and Causeway Bay has become more and more valuable.

Wait, the total number of employees exceeds 100,000.

Retail, Wellcome Supermarket, 7-11, Pizza Hut, Maxim's Food Group.

That is Jardine Land.

Historically, in the 1980s, after established British companies such as Qingzhou Yingni, Hutchison Whampoa, and Wharf were successively swallowed up by Chinese-funded consortiums, the myth of the British-funded consortium's invincibility has been completely shattered.

At that time, there were various rumors circulating in the market. Some said that Li Jiacheng was secretly acquiring Land shares, and there were also rumors that Li Jiacheng and Bao Yugang were jointly challenging Land.

Historically, except for the Joseph family and Niubijian, they have saved Jardine Land through this method.

It has a large portfolio of high-end commercial buildings in a prime location in the Central Banking District, the economic heart of Hong Kong.

Niu Bijian used this method to protect Jardine Land from being coveted by Chinese capital.

At this time, the Josek family only held 10% of Jardine Matheson's shares, and Jardine Matheson and Jardine Securities only held about 20% of Land's shares.

In addition, like Wharf and Jardine Matheson Land, they only have 10%.

Only by controlling Land can we truly be called the "King of Kings" in the real estate industry in Xiangjiang.

Around that time, through cross-holdings, or buying more shares, the Swire family controlled more shares to keep Swire & Company afloat.

Henry Joseph recommended his younger brother Simon Joseph to replace Niubijian.

After the Milk Company was swallowed up by Heung Kong Land, the Milk Company, like Wharf, became a subsidiary of Heung Kong Land.

In 1975, Henry Josek finally failed in the internal struggle with Niu Bijian in the board of directors. As the managing director of Jardine Matheson Land, Niu Bijian succeeded Henry Josek's position.

By 1980, Jardine Matheson and Land formed a "40%-40%" cross-shareholding structure.

Jardine Matheson increased its shareholding in Land by injecting assets.

Except for Meris who knew about Yang Ming's shocking plan, Ma Shimin, Wei Li, and even Keira, Tang Shilian, Lin Xiuzhi and others did not know about it.

This was the first time they heard about Yang Ming's plan to swallow up Jardine Land.

"Boss, are we now strong enough to swallow up Jardine Land?" Wei Li asked in disbelief.

First update!

Please subscribe!!
Chapter completed!