Chapter 234 Yang Ming Also Wants to Be the World's Shipping King!

The Empire Group swallowed up Wharf & Co., Hutchison Whampoa and Jardine Matheson successively.

In addition to owning a large amount of reserve land.

Like Wharf & Co., it has a large number of high-quality docks and warehouses in Hong Kong. This is why Bao Yugang set his sights on Wharf in history and even had to take over Wharf, because the docks and warehouses under Wharf were just right for matching the huge marine fleet of his Bao Yugang family.

As for Hutchison Whampoa?

Hutchison Whampoa also has a large number of docks and warehouses in Hong Kong and even overseas.

Historically, after Li Jiacheng swallowed up Hutchison Whampoa, his Cheung Kong Industrial Group also began to own huge port docks in Hong Kong and around the world.

Jardine Land?

Jardine now has 40% of its business in Hong Kong and 60% of its business in the world, in addition to Southeast Asia, there are also the Middle East, Southern Philippines, and even European and American countries.

Many docks and warehouses in these countries also belong to the industries of Jardine Matheson.

Now the Empire Group has swallowed up all the three major foreign companies.

Yang Ming wants to combine the shipping businesses of these three foreign companies into the first shipping group in Hong Kong, so as to make full use of their resource advantages.

After the three major foreign companies' shipping businesses are combined, the total tonnage of deadweight has exceeded three million tons.

This is already the third or fourth largest shipping group in Hong Kong, after Bao Yugang's Global Shipping Group, Asia Shipping Group, and Orient Overseas Group.

"Boss, you mean to integrate resources and combine the shipping companies of the Wharf Group, the shipping companies under the Jardine Group, and the shipping companies under the Hutchison Shipping Group into a new shipping company." Ma Shimin asked.

"Yes, that's what I mean."

In addition to its own resource advantages.

Yang Ming is very clear about the changes in the international and domestic environments in the future.

It has to be said that in history, Bao Yugang and Cao Wenjing's predictions on the international shipping industry in the 1980s were relatively accurate, but from beginning to end, the shipping industry has always been Bao Yugang's main business, and he just gave it up temporarily.

Historically, Bao Yugang obtained a large amount of funds by abandoning the boat and landing, and successively swallowed up Wharf Holdings, Wheelock, and invested in Tatsu Bank. Later, he continued to expand the global shipping industry.

In 1991, after Bao Yugang died of cancer, the Bao family's property was divided into four parts, among which the eldest daughter and son-in-law Su Xiwen inherited the main business of global shipping.

This time, Yang Ming wanted to enter the shipping industry, not only because of the integration of internal resource advantages.

Yang Ming also wanted to be the world's shipping king!

"In fact, I also want to be the world's shipping king."

Yang Ming looked at Mai Lisi and others and smiled.

Mai Lisi knew that it was not so simple for the boss to do that.

Among them, it was actually the real purpose.

Yang Ming had begun to quietly target Wheelock, the third largest foreign company in Hong Kong.

Yang Ming and the Empire Group swallowed up Hutchison Whampoa, the second largest foreign company in Hong Kong, and Jardine Land, the largest foreign company in Hong Kong, which had aroused the vigilance of Wheelock and Taikoo.

Wheelock & Co. now has two major shareholders who jointly control Wheelock & Co.

The second largest shareholder is John Malden. The Malden family owns 21.035 million Wheelock A shares, accounting for about 6.7%, and 53.549 million Wheelock B shares, accounting for about 22.7%.

However, the largest shareholder of Wheelock & Co. is the Zhang Yuliang family.

The Zhang Yuliang family owns more Wheelock shares than the John Malden family.

Among them, Wheelock A shares account for 13.855 million shares, accounting for 4.4%, and Wheelock B shares account for 115 million shares, accounting for 48.9%.

In the mid-1970s, Jardine Matheson and even Hutchison Whampoa, which is controlled by Huifeng Bank, once wanted to acquire Wheelock & Co.

Because of various relationships, Jardine Land and Hutchison Whampoa failed to acquire Wheelock & Co.

Wheelock & Co. is now divided into A shares and B shares. It is precisely because of that that it is difficult for other companies to acquire Wheelock & Co., and they need to control both A shares and B shares at the same time.

In addition, the combined shares of the Zhang Yuliang family, the largest shareholder of Wheelock, and John MacDeng, the second largest shareholder, completely control Wheelock & Co., and even if others covet Wheelock & Co., they have no way to start.

In history?

Why did Bao Yugang successfully swallow Wheelock & Co.?

This is also because, in the 1980s, when the global shipping industry was declining, John MacDeng, as the boss of Wheelock & Co., continued to invest in the shipping industry on a large scale despite the opposition of the Zhang Yuliang family, causing Wheelock & Co. to suffer serious losses and have to borrow money from the outside to solve the debt problem.

This also led to an irreconcilable conflict between the Zhang Yuliang family and the MacDeng family.

In 1985, a wealthy consortium headed by Nanyang tycoon Qiu Debo set its sights on Wheelock & Co. and acquired Wheelock & Co. at a high price.

At this time, Bao Yugang, who had just swallowed up Wharf Holdings not long ago, had naturally already secretly set his sights on Wheelock & Co.

Bao Yugang had not rashly proposed to acquire Wheelock & Co. because of his relationship with John MacArthur's family and could not rashly come forward.

However, Bao Yugang could not watch Wheelock & Co. fall into the hands of Qiu Debo and others from the Nanyang Consortium.

After Bao Yugang personally contacted the Zhang family secretly.

Because the conflict between Zhang Yuliang's family and John MacArthur's family had long been irreconcilable, they also wanted to withdraw from Wheelock & Co., so they gave up their shares in Wheelock and sold them all to Bao Yugang.

After Bao Yugang acquired the shares of Wheelock & Co. from Zhang Yuliang's family, he was already the largest shareholder, but it was not enough to control Wheelock & Co.

Moreover, at that time, the Qiu Debao Group, which had already acquired 25% of Wheelock & Co.'s shares, had no intention of giving up Wheelock & Co.

In addition, John MacDeng did not want to give up easily.

When the Bao Yugang family bought Wheelock & Co.'s shares in the market at a high price, it was the same as the high price they paid to increase the purchase of Wharf & Co. in the past.

In the end, the Bao Yugang family successfully increased the shares of Wheelock & Co. to 49%.

The Qiu Debao Group, which owned 25% of the shares, gave up Wheelock & Co. and sold the shares to Wharf, and the Bao Yugang family completely controlled Wheelock.

The MacDeng family saw that Bao Yugang had completely controlled Wheelock and Co. and left Wheelock.

Now Wheelock & Co. is divided into A shares and B shares, which is more complicated. In addition, after the Empire Group swallowed up Hutchison Whampoa and Jardine Land successively, the MacDeng family and the Zhang Yuliang family began to get nervous.

During this period, in addition to holding more A and B shares of Wheelock & Co., the two major families basically have completely controlled Wheelock & Co. with their combined shares.

If John Macdonald or the Zhang Yuliang family had not given up Wheelock & Co., it would have been impossible for other third parties to swallow up Wheelock & Co.

Yang Ming knew that with John Macdonald's character, he would definitely increase his investment in the shipping industry as he did in the past, which would eventually lead to a huge loss for Wheelock and Co., and thus an irreconcilable conflict with the Zhang Yuliang family.

At that time, the Zhang Yuliang family would still give up their shares in Wheelock & Co. and withdraw from Wheelock & Co., and then that would be the best opportunity for the Empire Group to swallow up the third largest foreign company in Hong Kong.

In addition, Yang Ming is now targeting Bao Yugang's global shipping.

At the beginning of the year, Bao Yugang had proposed a plan to abandon the boat and land, with the aim of selling some of the large ships, transferring funds to land, and investing in other industries on land.

Historically, Bao Yugang swallowed up foreign companies such as Wharf in this way.

Now that Yang Ming is involved in the shipping industry, the Bao Yugang family must be very skeptical. Should they continue to implement the plan of abandoning the ship and landing?

After all, the shipping industry is the root of the Bao Yugang family. If it is surpassed by the Empire Group, it will be a big blow to the Bao Yugang family.

In that case, the Bao Yugang family has to be on guard, and even continue to increase investment in the shipping industry.

For Yang Ming.

It is not just as simple as killing three birds with one stone.

In addition to establishing the largest shipping group and becoming the world's shipping king.

He also has to target John MacArthur of Wheelock and Company and the Zhang Yuliang family, and swallow up Wheelock and Company at the right time.

He also has to make the Bao Yugang family doubt this and dare not implement the plan of abandoning the ship and landing again.

In other words, in addition to creating a true world shipping king, Yang Ming also has to prepare to swallow up Wheelock and Company, the third largest foreign company in Hong Kong.

Like these, now except for himself, Mai Lisi and others do not know.

Because of Yang Ming's relationship, Wharf Holdings, Hutchison Whampoa, and Jardine Matheson Land were swallowed up one after another, which really scared other British foreign companies.

Not only Wheelock is difficult to acquire, but Swire is also very difficult to acquire.

Unless the acquisition price offered by Yang Ming is enough to attract the Zhang Yuliang family of Wheelock, historically, if there were no irreconcilable conflicts between John MacArthur and the Zhang family, the Zhang Yuliang family would basically not withdraw from Wheelock.

If the Zhang Yuliang family did not withdraw and continued to cooperate with John MacArthur, outsiders, including Qiu Debo and Bao Yugang, would have no way to swallow up Wheelock.

As for Swire under the control of the Swire family, through various cross-holdings, it is more complicated than the cross-holding of Jardine Land in history.

In fact, the Swire family of Swire has already held more than 49% of the shares of Swire, and it is basically impossible for other Chinese capital to swallow up Swire.

Chapter 2!

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