Chapter 1020: Can earn profits of over ten billion!

After the stock market closed that day, Norman Shi Yuhai was busy negotiating in detail with Shen Bi, and Xia Yu was also busy on his end.

As he promised in the morning, he was now negotiating the equity deal with Song Bo, who had been waiting with bated breath.

'Mr Song, please take a look. These are the equity certificates of Swire Pacific and Swire & Maclaine that I have acquired, as well as the relevant contracts,'

Xia Yu said, smiling, as he pushed a stack of documents in front of Song Bo in the conference room of Jiuding Securities.

Song Bo responded with a nod and immediately picked up the materials and started to flip through them.

Xia Yu smiled and also looked at the proof of equity provided by Song Bo.

In a short while, Xia Yu finished reading the relevant materials and then waited for Song Bo to finish reading them so that they could negotiate the transaction.

'Mr Xia, I never expected that you would have acquired so much equity. Asking you for help was really the wisest decision of my life,'

Song Bo said happily, unable to keep his mouth from smiling.

In the morning, Xia Yu said that he had acquired 31.8% of the shares of Swire Pacific, but he didn't see it. Because he cared too much, he still felt uneasy, and it made him think about it all day.

But just now, he read all the share certificates, and the total shareholding of Swire Pacific reached 32.25%!

This is 0.45% more than what Xia Yu said in the morning, and it was obtained by Jiuding Securities from the stock market at a high price during the day.

And he understood clearly how the other shares came to be owned through the various transaction contracts.

As for the shares in Swire & Maclaine, there were very few of them, and there was only one share certificate and transaction contract, between Jiuding Securities and Hysan Group, in which Jiuding Securities bought Hysan Group's 7.3% stake in Swire & Maclaine for HK$92 million.

Xia Yu said with a faint smile, 'Mr Song, since you've already read it, let's hurry and complete the transaction.'

'Okay,' Song Bo replied hastily.

Xia Yu continued, 'I won't go into the details of the Swire Pacific Commercial Group's stake, as the purchase price is clearly written there: HK$92 million.'

'The key is the Swire Pacific Industrial Group.'

'Apart from the five contracts signed with the Ho Group, Kepong Group, Standard Chartered Bank, Harilela Group and Sun Hung Kai Securities, the rest were all previously or currently purchased by Jiuding Securities.'

'The purchase price is clearly stated in the acquisition contracts with the five companies.'

'Our equity in Jiuding Securities is divided into two parts, of which 6.7% was previously held by our investment, and the other 2.15% was acquired from the stock market in recent times.'

'The first 6.7%, as agreed, will be transferred to you at the closing price last Friday afternoon, and no other fees will be charged. For the acquisition on behalf of you, we will charge a commission of 5% of the agreed acquisition price. Is that okay?'

Song Bo shook his head and said, 'No problem, this was all agreed beforehand.'

Xia Yu nodded slightly and looked over to Wang Qi next to him. Wang Qi handed Song Bo a calculation table with the calculations done.

'Mr Song, please take a look. This is the list of fees.'

Song Bo took it and looked it over carefully.

...

The total amount of expenses for the acquisition by Jiuding Securities is 813.8 million Hong Kong dollars.

The commission fee is 5%, so the commission is 40.69 million Hong Kong dollars.

Then there is the 6.7% stake in Swire Pacific Group held by Jiuding Securities itself, which is worth 144.4 million Hong Kong dollars at last Friday's closing price.

Song Bo would need to pay a total of HK$998.89 million, which would be close to HK$1 billion.

'This figure is correct,'

Song Bo said, putting down the list and confirming.

Xia Yu smiled slightly and then said, 'Mr Song, as agreed, it is now our turn to confirm the value of the equity you provided.'

'First, there is Swire Pacific, of which you hold a total of 6.7% of the shares. Based on the market value at the end of last Friday, it is worth HK$406.6 million,'

'The 4.2% stake in Swire Warehouse is worth HK$52.08 million.'

'The 4.7% stake in Swire Shipping is worth HK$78.49 million.'

'...'

'The total value of these company stakes is HK$743.23 million, which, as agreed, will be offset by the price parity of last Friday.'

'After the offset, you will still need to pay us HK$255.66 million in cash.'

After saying that, Xia Yu smiled and looked at Song Bo.

Xia Yu was indeed in a good mood, and the reason was not just the commission of over 40 million Hong Kong dollars, which was just a small part.

The value of the HK$743.23 million worth of shares was already worth over HK$1 billion based on today's closing price.

And considering the overall plan, after the stock price was speculated to rise in the future, Xia Yu was confident that the shares could be sold for over HK$2 billion.

A simple calculation shows that the profit is more than one billion yuan!

Song Bo felt a pang of pain, but he was relieved to think that they had previously agreed, and that Swire Pacific's control plan had made a breakthrough. If Xia Yu did not sell the shares to him, he would also make a lot of money.

And if he thought about it more carefully, if Xia Yu had not launched a full-scale attack on the Swire consortium, the share price of the companies in the Swire consortium would not have skyrocketed, and it would have probably fallen due to rising interest rates.

The profit margin from the transfer of equity at a bargain price should indeed go to Xia Yu.

He took a deep breath, nodded and said, 'Mr Xia, the figure is correct, and I have the funds ready. Let's do the deal now.'

Xia Yu nodded with a smile, 'Okay.'

Next, they entered the final stage of the transaction.

It mainly took some time to receive the funds of more than 250 million Hong Kong dollars. The replacement of equity was just a paper exercise that did not take much time.

By 6:12 pm, the transaction was fully completed.

After carefully packing all the share certificates and the transaction contract into his bag, Song Bo smiled broadly and shook hands with Xia Yu, saying gratefully, 'Mr Xia, thank you for your help.'

'Next, I'm going to trouble you to help me acquire more shares,'

Xia Yu smiled and said, 'No problem, that was the agreement. Mr. Song, don't worry, although it is difficult to acquire it now, I already have a comprehensive plan.'

'I will hand over the shares of Swire Pacific Group and Swire Commerce Group to you at that time, it depends on whether you have prepared enough funds.'

'I will definitely do my best to prepare the funds. Mr. Xia, are you free tonight? Shall we go for a meal?'

'No, I still have things to do tonight, I need to prepare for tomorrow's action. Maybe next time.'

'Okay, let's talk next time...'

...

Over the next two days, the stock market became increasingly heated. The trading volume of the four exchanges in Hong Kong reached new highs every day, especially on Wednesday the 22nd, when the stock market trading volume reached 3.2 billion Hong Kong dollars, and the Hang Seng Index was pushed to 1,968.5 points, equivalent to an average daily increase of 30 points, which shows the extent of the market's heat.

The negative impact of the interest rate hike announced by the Hong Kong Association of Banks seemed to have no effect at all!

The share price of the Swire Group surged to HK$27.93 per share, and its market value quickly broke the HK$10 billion mark as soon as the market opened in the morning. At the end of the day, its market value was fixed at HK$12.57 billion.

Compared to last Friday, the market value of the Swire Group has more than doubled.

However, almost all investors know that this is definitely not the end!

The battle between the Swire consortium and the Jiuding consortium is still going strong, and other large and small consortia have also joined in the hunt, with many deliberately steering the battle away from the two major consortia.

Many small newspapers have fanned the flames, vehemently declaring that it is a foregone conclusion that the market value of the Swire group will exceed HK$20 billion, further increasing the difficulty and investment cost of Swire Finance's stock grab.

In the past two days, the Shih Yahuai family has mobilised fully, and Norman Shih Yahuai has managed to scrape together HK$1.674 billion in cash.

After pledging HK$3.348 billion worth of shares, he got the desired shares as he wished.

However, after this operation, including the newly acquired equity, the total value of the Shih Ya-huai family's assets that had not been pledged and could be freely operated was worth more than a billion yuan. If he wanted to raise more funds, he would have to either sell these equities or rely on credit lending.

Norman Shih Ya-huai implemented both methods at the same time.

Fortunately, in terms of stock market fundraising, he did not need to worry about it as Cedric Quincy was constantly selling stocks to raise funds.

However, he was repeatedly informed of Jiuding Securities' aggressive posture, and Norman Shi Yuhuai urgently realised that he must immediately drain Jiuding Securities' funds in order to reduce the strength of the enemy's attack and prevent the stock price from rising so crazily.

The plan to set up a trap to pit Jiuding Securities against him was ready to be implemented!

Thinking about this, he dialed the number of Shen Bi's office...