Hong Kong Variety Show: I choose Liang Kun, he has a big temper

Chapter 327: Yihe was eliminated, Chen Wencheng real estate rising star

Longfeng International.

This is Sir Bao’s real estate company.

That’s right! As soon as the Wharf incident happened, Sir Bao, as the largest shareholder of Wharf, immediately attracted everyone’s attention.

There is no doubt that these people came to Longfeng International just for the sake of seeking truth.

The real purpose is to find out who manipulated the acquisition of Hutchison Whampoa.

You know, this acquisition is an excellent example of a Chinese real estate developer gaining a huge advantage over the British-owned consortium.

It was also the first time in history that the British Empire’s large-scale monopoly on the real estate industry in Hong Kong Island was broken.

Such a shocking event is bound to cause a stir.

Just like the current Longfeng International.

In order not to affect the normal operation of Longfeng International, Sir Bao had to come out in front of everyone to answer everyone's questions.

There was nothing we could do! So many journalists from Hong Kong Island media outlets were blocking the door.

One Wu Guangzheng is simply not enough.

"I am indeed the largest shareholder of Wharf Holdings. I am not clear about the situation of Jardine Matheson Holdings, but you can view the company's monthly summary report."

"Wharf Holdings publicly announces its shareholdings every month, and I believe everyone will pay attention to it."

"As for Mr. Chen, he is indeed an outstanding young man."

Sir Bao explained the issues that everyone was most concerned about in an orderly and direct manner in front of everyone.

There is no doubt that any topic that comes out first will become a hot topic that can overturn the entire Hong Kong public opinion, and these media reporters are all rushing to get involved.

Sir Bao's blatant praise for Chen Wen in front of everyone further confirmed the rumors from outside.

"Sir Bao, what do you think about Mr. Chen holding shares in Shiqi Real Estate Company?"

"It is said that Yihe signed a contract with Xinhongxing Real Estate Company in advance."

"Isn't it immoral for Mr. Chen to do this?"

One of the reporters immediately stepped forward and asked this question directly.

As soon as these words were spoken, everyone present was stunned.

You know, Chen Wen's move is undoubtedly a patriotic act, and all the people of Hong Kong Island have varying degrees of admiration for Chen Wen.

Anyone who can say such things at this time is definitely trying to stir up trouble and attract attention.

It's like when there are two headlines criticizing an actor's acting skills among a series of news headlines praising his/her acting skills, it always stands out.

The same is true for this reporter.

"All I know is that what Shiqi Real Estate Company acquired this time were new shares that were offered to the public."

"It is not clear why Jardine Matheson was swept out. All operations of Wharf Holdings are in compliance with the law. I hope everyone can understand this."

"However, as someone who has been through this, I still want to remind you, young man, that doing business with integrity is a contradiction in itself. Besides, being loyal also depends on the person you are dealing with."

In front of a group of media reporters, Sir Bao came up and started speaking on the microphone.

There is no doubt that every word Sir Bao said was on Chen Wen's side and speaking for Chen Wen.

This instantly made these media reporters dare not continue to act rashly.

After being packaged by these people, Chen Wen became a rising star in the entire Hong Kong real estate industry, and was thus given the title of "the hope for the future of the Hong Kong real estate industry."

Soon, the news reached Jardine Matheson.

Given the current situation, it is impossible for Jardine Matheson to sell its shares in Wharf Holdings at market prices.

In short, after three rounds of dilution, all of Jardine Matheson’s investments in Wharf Holdings were wiped out.

This also means that Chen Wen’s manipulation of Hutchison Whampoa was a great success.

Drive Jardine Matheson out of Hutchison Whampoa completely.

Although Sir Bao is still the largest shareholder of Hutchison Whampoa, the shares held by Chen Wen plus the shares held by World Development Company are second only to Sir Bao.

Even some small shareholders of the British Empire were eliminated just like Jardine Matheson.

This incident did boost the morale of the people of Hong Kong Island, but Jardine Matheson's losses were even more severe.

Not to mention anything else, just the fact that Jardine Matheson lost all its huge investment in Wharf Holdings must be explained to the Jardine Matheson board of directors.

"Chairman, we have invested in Wharf for more than ten years, and now it has become like this. Do you want to give us an explanation?"

One of the directors of Jardine Matheson directly questioned Newbigin, the chairman of Jardine Matheson, in front of many other directors.

There is no doubt that things have come to this point and there is no need to talk about face anymore.

After all, what Jardine invested in Wharf was not just time, but also billions of Hong Kong dollars of paper that became cannon fodder.

In this situation, no one would be able to cope with it.

"Yes, billions of dollars disappeared, and a gangster from Hong Kong Island took advantage of it. I'm afraid I'll be embarrassed if I tell anyone about it."

Another director said directly.

There is no way! Things have come to this point.

At that time, although Newbigin was the chairman of the board, his position in the board of directors was one that anyone could step on.

It’s so uncomfortable.

"I admit that this was a mistake in my decision-making."

"But I still want to kindly remind you that New Hongxing Real Estate has grown from a shell company to its current size. Didn't everyone here contribute to it?"

"Besides, the decision was not made by me alone. It was the result of everyone's discussion. You are now pushing all the blame on me. Do you want to take my position?"

New Bigin directly shouted at the shareholders present.

That's right! Ever since Chen Wen appeared in Yihe's sight last time, none of the people present took Chen Wen seriously.

Some even thought that Chen Wen just wanted to make a little money.

Therefore, the board of directors of Jardine Matheson unanimously agreed to hand over the property business of Hutchison Whampoa to the New Hung Hing Property Company.

But I never expected that this move would actually lead to a wolf entering the house.

"We have suppressed these real estate developers in Hong Kong Island for so many years. If we have a new Hung Hing Real Estate, there will be a second one. Jardine Matheson's assets are not just Wharf Holdings."

"Could it be that just for the sake of Wharf Holdings, Jardine Matheson would give up its other businesses?"

"If you want to take my position, you have to see if you have the ability to do so."

New Bigin spoke directly to these people in an orderly manner.

After hearing what Newbijian said, everyone present fell silent for a moment.

There is no doubt that Newbigin has the ability to reach this position. As for the directors on the Jardine Matheson board, they only know how to collect benefits and have no idea about the dangers of the business world.

"Chairman, what do you mean?"

A director asked directly.

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