Chapter 584: Coasting to Victory and Exceptional Individuals

This outing at sea was originally meant for relaxation and to strengthen relationships. The fact that Xia Yu was able to reach a cooperative acquisition with Bao Yugang and Huo Yingdong was entirely an unexpected delight.

After finishing the grilled fish, the three of them chatted and relaxed for a while before continuing to fish. It wasn't until after four in the afternoon that the yacht returned to the harbor, and everyone went back to their own homes.

Bao Yugang acted quickly; the next day, he transferred the shares to Xia Yu.

Originally, Hong Kong Electric was ranked seventeenth in the Hong Kong business rankings, but due to the rise in stock prices of most companies in Hong Kong, Hong Kong Electric's stock fell against the trend, widening the gap even further.

At this time, the Hong Kong Electric Company ranks twenty-eighth in the latest corporate rankings, with a market value of 1.98 billion Hong Kong dollars.

Bao Yugang's equity was sold to Xia Yu at the actual stock price, with a 7.6% stake transferred for 150 million Hong Kong dollars.

Xia Yu also mentioned a 20% premium, but Bao Yu firmly refused, insisting on sticking to the actual price. He stated that when he invested six years ago, it was less than 80 million Hong Kong dollars, and now the price has already made a profit.

Bao Yugang's attitude was very firm, so Xia Yu did not decline any further and accepted his kindness. Thus, the 7.6% stake in the Hongdeng Company quietly fell into Xia Yu's hands.

Because we still need to assist Xia Yu with the acquisition, any exposure would create significant difficulties for the purchase, so the matter of the equity transfer is kept very confidential and has not been leaked.

After transferring the equity to Xia Yu, Bao Yu continued his actions by inviting a British director from the Hong Kong Electric Company to play golf, with the aim of purchasing the shares he held in the company.

On the other side, Huo Yingdong quietly sought out his fellow townsman.

In order to assist Xia Yu in acquiring the Hong Kong Electric Company, both of them were very proactive.

As the leader, Xia Yu was also busy, instructing Wang Qi to collect scattered stocks from the stock market.

In the time that followed, good news came one after another.

In just five days, Bao Yu has acquired 13.5% of the shares from two British directors for Xia Yu.

And Huo Yingdong also acquired the shares of two Chinese shareholders, totaling 13.2%.

The two did not take a single penny in commission from Xia Yu and helped him keep the acquisition price very low, with the maximum being just a 20% premium.

Therefore, five days later, Xia Yu returned a total of 590 million Hong Kong dollars to Bao Yugang and Huo Yingdong, and his shareholding increased by another 26.7%.

In addition, with the 1.3% stake acquired by Wang Qi from the market, Xia Yu suddenly held 35.6% of the shares in Hong Kong Electric.

This acquisition can be said to be the easiest one since Xia Yu's rebirth.

If he were to do it on his own, his connections aren't extensive or strong enough. Acquiring a major British company like Hongkong Electric would definitely encounter some obstacles.

Unlike now, he hardly moved at all; he just had Wang Qi quietly acquire some stocks from the market. Now he has acquired 35.6% of the shares, becoming the actual largest shareholder.

All of this is inseparable from the full support of Bao Yugang and Huo Yingdong; the benefits of the network of connections are undoubtedly revealed at this moment.

Even though Yu the Great has limited connections, Bao Yugang and Huo Yingdong have spent their entire lives operating in Hong Kong, with a network that spans the region and considerable influence, making the difficulty of acquiring equity quite low.

Because a confidentiality agreement was signed, the law allows for a ten-day period during which shareholder information cannot be changed. Therefore, aside from the two parties involved in the transaction, no one else knows that Bao Yujang and Huo Yingdong are acquiring shares in the Hong Kong Electric Company, and of course, they are even less aware of the

After that, Bao Yu just set his sights on the largest shareholder, HSBC, and approached Shen Bi.

That's right, HSBC is again the largest shareholder of Hongkong Electric Company. You could say that among the well-known British companies in Hong Kong, almost none are without HSBC as a shareholder; the only difference is the amount of shares held.

HSBC has absorbed so many deposits; in addition to lending them out, it will also invest the money to increase its value, and these funds will be converted into shares of various companies.

At the Hong Kong Electric Company, HSBC holds a 25.7% stake, making it the largest shareholder; however, it does not interfere in the company's operations and has entrusted the management rights to the recognized second-largest shareholder.

Currently, Hong Kong Electric is in a downturn, and with oil prices unlikely to drop in the short term, it is destined to face a challenging period for quite some time. This year, the dividends from Hong Kong Electric will not be substantial; it would be considered good if they don't incur losses.

Therefore, when Bao Yugang, a director of HSBC, came to negotiate the acquisition of shares, Shen Bi did not make it too difficult. He simply discussed the price briefly and sold 25.7% of the shares to Bao Yugang at a premium of 20%, for a total of 610

On that day, Bao Yu just transferred the shares to Xia Yu, which caused Xia Yu's stake in the Hong Kong Electric Company to soar to 61.3%, achieving absolute control over the company.

Winning so easily, Xia Yu couldn't even find the energy to complain, but this is definitely a good thing for him.

Although he achieved absolute control, Xia Yu did not expose it so quickly. As long as the outside world had not caught wind of the news, he continued to bide his time, striving to acquire more shares at a low price.

Bao Yugang and Huo Yingdong continue to work hard on matters concerning Xia Yu, while Xia Yu is more focused on managing the affairs of the consortium.

...

In the Jiuding Building, after handling a batch of documents, Xia Yu let out a long sigh, twisted his neck to relax a bit, and Li Qian immediately walked up behind him to massage his acupoints on his head.

Xia Yu was enjoying himself and picked up the phone, dialing a number: "Jian Ning, come to my office."

After saying that, he hung up the phone.

About ten seconds later, there was a knock on the door. Xia Yu let him in, and a young man in his late twenties stood before Xia Yu, standing straight and respectfully saying, "Chairman!"

Looking at the calm and composed young man in front of him, Xia Yu revealed a satisfied smile, pointed to a pile of documents on the table, and instructed, "I have approved the documents from each company. Please notify them to send someone to pick them up and execute my requests as soon as possible."

"Understood!"

The young man responded, then picked up the document and asked again, "Chairman, is there anything else?"

After a moment of contemplation, Xia Yu said to him, "In a few days, the port authority will hold a land auction. You should come with me and Liu Shihao. Since you just arrived not long ago, take these days to familiarize yourself with the land maps and the situation of Jiuding Real

The young man immediately showed a look of joy and replied loudly, "Yes!"

After speaking, the young man exited Xia Yu's office with a hint of excitement, being taken by the chairman to attend the land auction. This indicated the chairman's high regard for him, and he couldn't help but marvel at his own good fortune. He suspected that, in terms of work, no one in

When the youth left, Li Qian curiously asked, "Xia Yu, you seem to think highly of him. There aren't many people you hold in such regard!"

Xia Yu gently stroked Li Qian's jade-like hand and said with a smile, "He really has great potential, and his background is clean; he is definitely worth nurturing."

"Oh!"

Li Qian replied softly, her face showing signs of contemplation.

This young man is named Huo Jianning. He has only been by Xia Yu's side for five days, and while Li Qian doesn't know who Huo Jianning is, how could he not be aware?

In his previous life, Ho Kwan-ning was a capable general by Li Ka-shing's side, the one who made a fortune of 150 billion from a single business deal, the so-called "working emperor" of Hong Kong. He has made indelible contributions in sectors such as energy,

If I had to describe it, then Huo Jianning is like Xiao He to Li Jiacheng.

In this lifetime, Huo Jianning was unexpectedly interrupted by Xia Yu, which was entirely a coincidence and not something Xia Yu did on purpose. Xia Yu was also quite surprised when he first found out.

Since last year, the various companies under the Jiuding Group have been continuously expanding or undergoing changes, so recruitment has never stopped.

Huo Jianning, who just returned from the United States, actively applied to join the Huikang Supermarket Company of the Jiuding Retail Group. Due to his impressive abilities and outstanding performance, he caught the attention of the company's general manager, Zhou Cheng, and was identified as a key talent for development

Due to the growing size of the Jiuding Consortium and Xia Yu's limited capacity to manage everything, along with Li Qian constantly by his side, the coordination between Xia Yu and the various companies became somewhat inconvenient. Therefore, Xia Yu specifically established a Chairman's Office to assist him in liaising with the different

Because the support from the chairman's office and the secretary position can access the most core secrets of the Jiuding Consortium, it would be inappropriate to recklessly recruit externally.

Therefore, Xia Yu ordered each company to recommend talented and promising young individuals, from which he would make selections to enrich the chairman's office.

Each company is fully committed to selecting the best young talent, and Huo Jianning is the candidate recommended by the Huikang Supermarket.

Although General Manager Zhou Cheng was very reluctant, he also knew that the chairman's matters were of utmost importance, and the recommendation carried significant weight. Therefore, he resolutely recommended Huo Jianning, who had just returned from studying in the United States.

After that, Xia Yu recognized Huo Jianning and had a private conversation for a while. Once he confirmed it was correct, he appointed him as the secretary general of the chairman's office, overseeing a dozen secretaries and assistants in the office.

Although it has only been five days, Xia Yu has quietly observed that Huo Jianning is quite capable. With a Bachelor's degree in Literature, a professional accountant qualification, and a degree in Financial Management, he handles the work in the chairman's office with remarkable ease.

Xia Yu even specifically tested him a few times, asking him to provide feedback on documents submitted by several companies, and he consistently gave answers that caught Xia Yu's attention.

I still remember in a past life, it seemed that Huo Jianning became the executive director of Hutchison Whampoa at just 32 years old, and by 33, he was appointed as a director of Cheung Kong Holdings.

At a young age, being in a high position and able to advance step by step clearly shows that their abilities are remarkable and that they are progressing rapidly.

It is rare to find a talent in this era who can keep pace with his development, so Xia Yu is certainly determined to nurture him carefully. He has already decided that many important matters will gradually be entrusted to Huo Jianning, to broaden his horizons and enhance his abilities, allowing him to make greater contributions

I believe that in this lifetime, under the careful guidance of Xia Yu, Huo Jianning's growth will definitely be much greater than in his previous life.

As for how Li Ka-shing would fare without Ho Kwan-ning?

Xia Yu could only nonchalantly say, "Who cares?"