Wolf of Xiangjiang

Chapter 62 [The sky is high and the sea is vast]

half a month later.

Monday, April 11th.

In the morning, six shareholders of Tai'an Development came to Wanbang Building for a meeting.

Today, Tai'an Development owns a Central building worth over 1.6 million Hong Kong dollars and has a cash flow of more than 4100 million, which is a lot of wealth for every shareholder present.

Because of this, the other five shareholders regard Lin Zhengjie as the 'God of Wealth', 'the best partner', and a 'good friend'. They always think of Lin Zhengjie when there are any 'benefits' or 'parties' etc. .

For example, Li Guoxing opened up banking channels for Lin Zhengjie. In addition to being favored by the Bank of East Asia, he even introduced Lin Zhengjie to other friends in the banking industry.

For example, Feng Qingshao, in addition to introducing friends to Lin Zhengjie, also personally campaigned for Lin Zhengjie's "Jockey Club Membership", which allowed Lin Zhengjie to become a "Jockey Club Member" as quickly as possible.

The cooperation with these five shareholders made Lin Zhengjie very comfortable. Everyone handed over their rights to Lin Zhengjie and just divided the money; of course, if they needed help with something, they would actively come forward.

Lin Zhengjie's other 'partner', Huang Qisong, made Lin Zhengjie feel uncomfortable. The two of them seemed to be 'taking advantage of each other' and 'be wary of each other'.

"Zhengjie, you summoned us together, it seems you have something important to tell us!" Feng Qingshao said directly after sitting down.

Under normal circumstances, Lin Zhengjie does not need to summon everyone so formally, and the matter is settled directly.

Lin Zhengjie said: "I have two pieces of news for you. The first news is that I have sold all of Tai'an Development's Yiren Real Estate shares, and made a total profit of 350 million Hong Kong dollars."

The five shareholders smiled. Although the money was small, it was very easy to earn, and the rate of return was scary.

Li Guoxing said: "The highest share price of Yiren Real Estate has reached 1.7 Hong Kong dollars. I was still thinking that as a second shareholder, Zhengjie's net worth has greatly increased. Unexpectedly, Zhengjie directly cashed out at a high price. However, the Hang Seng Index has plummeted recently, and now Yiren Real Estate is even more Crap!"

Lin Zhengjie smiled and said: "The other equity I hold is for long-term investment, so it doesn't matter. The shares of Yiren Real Estate held by Tai'an Development are originally short-term investments."

Li Guoxing nodded!

In less than half a month, the Hang Seng Index has fallen from 688 points to 11.10 points last Friday (575), a drop of up to 20%.

During this period, a full 7.3% of Yiren Real Estate's equity was cashed out, coupled with the decline in the market; therefore, Yiren Real Estate's stock price fell to less than HK$1.2 last Friday, a drop of more than 30%.

More importantly, will the market continue to fall?

Lin Zhengjie continued: "Second news: I plan to use the more than 4000 million funds from Tai'an Development to secretly absorb the stocks of Qingzhou Yingni. According to my investigation, there are Chinese-funded big guys who have been absorbing them in the past half month. This is a good idea. Opportunity."

Everyone's eyes lit up, and they thought it could be the next Jiucang.

Li Guoxing knew better and said: "Jingzhou Yingni is not as famous as Wharf. It has always been an unpopular stock. Of course, as long as there is a Chinese-funded boss to acquire it, the stock price will inevitably rise. After all, he has to get enough Only by gaining leverage can you become a director and further control the company."

Lin Zhengjie nodded and said: "So, now it's up to the two of us to raise funds. When the stock price rises, we can take the opportunity to negotiate with the Chinese boss and let him buy our stocks at a high price!"

The five people were in disbelief, because wasn't this 'blackmail'? The Hong Kong stock market seems to have never been played like this?
For a moment, the five of them couldn't even react, thinking about what to do if the Chinese-funded boss didn't buy it.
Of course, they soon understood that even if they didn't buy it, they could still cash out at a high price if the market stock price was driven up.

"We fully support you, Zhengjie, just go ahead and do it!" Li Guoxing was the first to express his stance.

Afterwards, everyone expressed their opinions one after another.

The six people now are all prosperous and devastated.

The development of Tai'an is a boat that kidnaps everyone.

With the support of these people, Lin Zhengjie is equivalent to the spokesman of "Hong Kong's distinguished family", and he also has some background.

Therefore, the next step is to have a battle with Li Jiacheng, the 'newly-promoted family'!
Before the market opened, Lin Zhengjie came to Asia Securities.

"Within one month, all Tai'an Development's 4100 million Hong Kong dollars of funds were bought into Qingzhou Yingni." Lin Zhengjie told Ma Yawen.

Ma Yawen stood next to Lin Zhengjie and said in detail: "In the past half month, the decline of Qingzhou Yingni has only been 5%, which is far lower than the 20% of the Hang Seng Index. It seems that this is the result of Li Jiacheng's absorption. The same can be said I came to the conclusion that he was also carefully and secretly absorbing it."

The stock price of Qingzhou Yingni last week was HK$12.40 per share, with a total share capital of 3700 million shares and a market value of HK$4.58 million. At the end of October, the market value of Qingzhou Yingni once reached HK$10 million. Of course, that was affected by the secret purchase of Yiren Real Estate.

Lin Zhengjie said: "Now that the two companies are buying secretly at the same time, even if the Hang Seng Index falls, the stock price of Yingzhou Yingni will rise sharply against the trend. So maybe in a month, smart investors will notice it, and the stock price will naturally be sought after. .At that time, whether it is cashing out in the market or selling it to Li Jiacheng at a high price, we can take advantage of the opportunity to make a lot of money."

In Lin Zhengjie's thinking, it was impossible to have only one plan. After all, he was 'financially weak' and could not afford losses.

Ma Yawen was not in a hurry to arrange the secret buying work. Instead, he went next to Lin Zhengjie and asked, "What about Yiren Real Estate? You should also start secret buying now. The selling price of Yiren Real Estate is very big now, which is suitable for God to know." Absorbing it unconsciously."

Lin Zhengjie thought about it. Tai'an sold 7.3% of Yiren Real Estate's equity, and Taifu would naturally absorb it back. This is called selling high and buying low. Of course, if he absorbs 636 million shares of Yiren Real Estate, his shareholding will only be 36%, which is the same as Huang Qisong.

Therefore, this time it is necessary to attract at least more than 40% of the shareholding.

"Okay, you also start to absorb Yiren Real Estate's stocks for Taifu Development. Remember to be careful not to alert the enemy. For now, I have no intention of falling out with Huang Qisong!"

"Don't worry, I will act with caution!"

At this time, Lin Zhengjie has obviously entered a 'critical stage'.

For a long time, Lin Zhengjie lacked many means to raise funds because he did not have his own listed company.

Therefore, the remaining 'two levels' - Qingzhou Yingni and Yiren Real Estate are also very important to him. If he can get through, then Lin Zhengjie will truly be like "the sky is high and birds can fly, and the sea is broad and fish can leap". He hopes to catch up with the four major families in Hong Kong in 5 to 10 years.

Even if "Yiren Real Estate" fails to break through, Lin Zhengjie's financial situation is enough to "find another opportunity for backdoor listing."

(End of this chapter)