Video Game Empire

Chapter 460: action begins

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After Liu Ruanxiong went to work in the company every day, the first thing he couldn't do was to browse the newspaper of the day. In particular, Hong Kong's only financial newspaper, the Hong Kong Economic Journal, was always placed on the top of the stack of newspapers by his secretary in advance.

Liu Ruanxiong can be said to be very proud recently. He has just successfully blocked the stock of Nengda Technology and made a profit of 6.5 million yuan. Nengda Technology is a listed company under the Hong Kong Zhuang Shi Group, mainly engaged in the production of telephone sets. In 1983, the United States released the telephone sales market, and the telephones produced by Zhuang Shi Group took the opportunity to open up the North American market. With the timing of the year's outstanding performance, Zhuang Shi Group separately split and listed the phone and business.

After the listing of Nengda Technology, the stock price once reached 5.6 yuan per share at its peak. But major shareholder Zhuang's Group sold on rallies. Now the price of this stock has dropped to only 0.64 yuan per share, and the shareholding of the major shareholder Zhuang Shi Group has already been reduced from the original 75% to about 20% now.

The low shareholding of major shareholders undoubtedly gave a stock market vulture like Liu Ruanxiong a chance to take a bite. He quietly began to absorb the shares of Nengda Technology, and when he held more than 20% of the shares, he suddenly announced publicly that he wanted to control Nengda.

As a result, Nengda's share price rose in response, and the original major shareholder of Nengda Keji, Zhuang Shi Group, was not willing to lose this listed subsidiary, so they had to send someone to negotiate with Liu Ruanxiong, hoping that he could give up the acquisition. And Liu Ruanxiong actually didn't really want to hold Nenda Technology, so he (following the trend, transferred all the equity in his hand to Zhuangshi Group at the new price after being fired up.

It only took Liu Ruanxiong a month to make a huge difference between buying and selling stocks. This kind of real and fake acquisition trick has long been commonplace on Wall Street. But on the Hong Kong stock market. Liu Ruanxiong was the first to eat crabs, so his mouth was full of oil at the first bite.

Liu Ruanxiong's own company, Amygao, originally produced electric fans. He also won the nickname "Fan Liu" in the Hong Kong industry because he successfully introduced the nostalgic series of antique fans into the North American market.

Amigal went public as early as 1983. The Hong Kong stock market ushered in a round of retaliatory surges after the Sino-British negotiations settled. By the turn of spring and summer last year, Liu Ruanxiong felt that the stock market had risen to a high point, so he decisively sold a large amount of his shares in Aimeigo in advance.

Sure enough, the Hong Kong stock market has turned from bull to bear since last summer, falling and falling all the way. Aimigao's share price has dropped from 2.04 yuan at the time of Liu Ruanxiong's sale to only 0.7 yuan. So he took advantage of the low stock price to vigorously absorb individual shares and regained control of Amygo.

Between the toss and the suck, Liu Ruanxiong not only did not lose his country. It also made more than 10 million yuan in profit. He suddenly discovered that doing business is not as fast as making money from stocks. So he simply began to focus on the Hong Kong stock market, and Nengda Technology was just his little test!

The matter of Nengda Technology has come to an end, and Liu Ruanxiong began to search for the next sniper target. The financial news in Hong Kong newspapers is one of the important channels for him to obtain information.

The headline on the front page of the Hong Kong Economic Journal today was the news that the four Hong Kong exchanges will be officially merged into the United Exchange on April 2. In the second edition of the financial column, Liu Ruanxiong found another article questioning the Landmark Group, a listed company of Jardine.

The Jardine Group seems to have gotten into a lot of trouble in recent months, and there are endless voices of criticism and doubts in the market. The first to denounce the Jardine Group was the well-known Hong Kong newspaper Wen Wei Po. An associate professor of Lingnan College published an op-ed in Wen Wei Po. It is questioned that the Jardine Group has deliberately released false positive news.

As a result, Landmark successfully placed 72 million shares of Jardine Holdings in the first half of last year, when the stock price of Jardine Holdings was at a high point, and it was easily cashed from the stock market to HK$860 million in cash.

Before the major shareholder, Landmark, reduced its holdings. Jardine Holdings released a series of positive news, making the stock price all the way up. After Landmark completed the reduction, the share price of Jardine Holdings began to fall all the way. The article in Wen Wei Po directly questioned. Jardine was involved in illegal profits between the two affiliated listed companies, and asked the Hong Kong government's securities regulator to investigate.

The matter at Jardine Holdings is not over yet. Landmark's half-year financial report disclosed in early November was again below market expectations. A number of financial commentary experts have published articles in newspapers one after another, vehemently criticizing the two listed companies of the Jardine Department.

They agreed that the Keswick family had failed to devote major energy. Focusing on managing companies and improving performance, they are desperately selling assets and cashing out funds and transferring them overseas, which seriously damages the interests of minority shareholders of listed companies.

Affected by this series of unfavorable news, the stock price of Hongkong Land once fell from HK$7.8 per share to only HK$6.2, and it slowly recovered to more than HK$7 after New Year's Day.

Liu Ruanxiong quickly read through the article bashing Landmark, and his intuition told him that things were not as simple as they seemed. Both Jardine's listed companies are large-cap stocks on the Hong Kong Stock Exchange, and their governance levels are much better than those of other small and medium-sized listed companies.

But these financial experts and columnists, instead of exposing other stocks with more serious problems, focused on these two Jardine companies. So much so that there is a saying in the market that this is the revenge of the northern authorities for the Jardine Group's sudden announcement of moving its resident address out of Hong Kong when the Sino-British negotiation in 1984 was at a critical moment, which caused the Hong Kong stock market to plummet.

Because Wen Wei Po, which first attacked the Jardine Group, is known as one of the three major mouthpieces of the mainland central government in Hong Kong. Of course, the director of the Hong Kong Xinhua branch deliberately refuted the rumor, but it is unknown how many people believe it.

And Liu Ruanxiong is precisely one of those who believe it. He believes that the mainland government cannot be so intolerant. But if the mainland government is not behind the shots, then who is struggling with the Jardine Group?

Could it be that someone deliberately suppressed the stock prices of these two companies, Jardine, and then secretly accumulated funds, preparing to launch a fatal blow? Liu Ruanxiong couldn't help being surprised when he thought of this. If it is as he guessed, it will definitely be another battle that will shake the whole of Hong Kong!

Among the two listed companies of the Jardine Department. The market value of Jardine Holdings is smaller, but it is also about 5 billion Hong Kong dollars. And Landmark still retains a 25% stake in Jardine Holdings. Coupled with the equity in the hands of the Keswick family, the total share controlled by the Jardine Group Zhou should be more than 40%. This is already a very safe level. If someone really wants to force an attack, the Jardine Group can easily increase its holdings to the absolute holding line of 50%.

Another listed company, Landmark, has a market value of HK$14 billion, although its share price has fallen recently. Although the stake in Landmark held by Jardine Holdings has dropped to 25%, if others want to force the acquisition, they will need to spend a huge amount of HK$7.5 billion even if there is no premium. This will be an unprecedented merger and acquisition case in the Hong Kong stock market!

At this time, Liu Ruanxiong was just a fledgling, and he was not the famous stock market killer in Hong Kong in later generations. His net worth has just exceeded 100 million, and he has not yet started to play the "real estate pick-up trick". But his sense of smell is sensitive enough.

In fact, Liu Ruanxiong's bold guess was not wrong at all. Zhuang Yuhai handed a takeover offer with a smile to the hand of Simon Keswick, the head of the Jardine Group.

"Mr. Keswick, Heung Kong Holdings already holds 24.5% of the shares of Landmark, and hopes to acquire 25% of the shares of Landmark held by Jardine. This is our takeover offer!" Zhuang Yuhai said calmly .

In stark contrast to Zhuang Yuhai's face full of spring breeze, Keswick's face was a little blue at the moment. The gentleman's demeanor made him hold back and did not reveal the vulgar word beginning with f. He now finally understands the trouble he has encountered during this time. Who the **** is it!

After Li Xuan agreed to his plan to acquire Landmark last October, Zhuang Yuhai started planning for four months. The first step of his action is to muddy the water first, otherwise as long as he starts to absorb the odd shares, the stock price of Landmark will start to rise. This makes it easy to startle the snake. Aroused the vigilance of Keswick and Jardine in advance.

The supervision of the Hong Kong stock market is far less stringent than that of the European and American markets. In fact, for a long time, the Hong Kong securities market has not been regulated at all. until 1973. Because of the stock market crash caused by the appearance of fake stocks on the market, the Hong Kong government established the supervisory position of the Securities and Exchange Commissioner. The Hong Kong Securities and Futures Commission will have to wait until after the 1987 stock market crash. will be officially established!

Due to loose supervision, the real situation of Hong Kong-listed companies is far less open and transparent than that of European and American stock markets. It is not difficult to seize the handle of a listed company. So Zhuang Yuhai began to gradually release a series of unfavorable news to Jardine and Landmark through newspapers, and used a set of combined punches to beat the top management of Jardine Group into disorientation.

Even better, Zhuang Yuhai also made a very clever use of the special political climate in Hong Kong to make the top executives of the Jardine He Group, including Keswick, think that the Chinese-Communist government is retaliating against them. So much that Xu Jiachun, the president of the Hong Kong Xinhua branch, had to stand up and refute the rumors in the end.

Taking advantage of the sharp fluctuations in the stock price of Landmark, Zhuang Yuhai quietly began to accumulate a lot of money. The traders in Zhuang Yuhai's team are all elites dug back from Wall Street. They combined with the rhythm of Zhuang Yuhai's release of various bad news, which caused the stock price of Landmark to fluctuate violently.

Although Landmark's share price has been rising steadily and slowly because of Zhuang Yuhai's large number of stock acquisitions, the deliberately created waves of slumps in the middle have fully confused the entire market and the senior management of Jardine He Group. In fact, Keswick could vaguely feel that there was a black hand that was going to be detrimental to him, but he had never been able to lock down his enemy. Until the enemy hiding behind the scenes, he stepped up to the foreground aboveboard.

Heung Kong Holdings, Keswick has never heard the name of this company. However, he can also guess that this is a leather bag company specially established for the acquisition of the Land Group. In fact, he really wanted to slap the **** offer in his hand right now, slap it in the face of the other party, and let the man with a smirk on his face get out of his office.

It's just reason that makes him dare not do it. This sudden emergence of Heung Kong Holdings has already mastered 24.5% of the equity of Hongkong Land. That's almost equal to Jardine's, and the two companies are now on the same starting line. But the other party is deliberate, and Yihe doesn't know anything about his competitors.

"May I ask who are the shareholders behind Xiangjiang Holdings?" Keswick asked in a deep voice.

"Mr. Huo Yingdong of Huo Xingyetang, Mr. Guo Henian of Carrie Group, Mr. Lin Guitai of Liu's Group, Mr. Xu Shixun of China Construction Group, and the lh Investment Fund under the name of Mr. Li Xuan, five companies jointly funded the establishment of Heung Kong Holding company!" At this time, Zhuang Yuhai no longer had the need to keep secrets, so he readily reported the names of the bosses behind the scenes.

And every time Zhuang Yuhai said a name, it was like pressing a boulder on Keswick's chest. Especially when he finally heard Li Xuan's name, his originally calm face finally began to change color.

Keswick quickly browsed the takeover offer in his hands. The purchase price offered by Heung Kong Holdings was 9 yuan per share, a 25% premium compared to the closing price of Landmark’s 7.2 yuan per share yesterday.

"I don't think this price is sincere. The actual value of Landmark is far more than 9 yuan per share!" Keswick shook his head and said. The most important thing for him now is to hold the opponent and buy time for himself to fight back.

"Heung Kong Holdings has submitted an application for a general takeover offer to the Hong Kong Stock Exchange. At the same time, we have applied for a suspension of trading in the shares of Landmark! Since Mr. Keswick, on behalf of Jardine Holdings, has rejected our takeover offer, then We can only make acquisitions through the open market!" Zhuang Yuhai nodded to Keswick, turned around and left without any hesitation~www.readwn.com~ This made Keswick sitting in the executive chair a little confused, he did not expect The other party didn't even want to give him a chance to bargain at all. With a general tender offer, it seems that Heungkong Holdings is ready to tear its face and be hard at the beginning!

Keswick immediately grabbed the phone on his desk and asked his secretary to urgently notify the top executives of Landmark and Jardine to come to a meeting to discuss counterattack strategies. And just when Keswick and Jardine Group urgently discussed countermeasures, the news that five Chinese-funded companies formed a group to acquire the Land Group finally spread throughout the market.

Liu Jialiang is a small clerk of a foreign trade company in Kowloon Tong. He is standing in front of the copier in the corner of the office, preparing to make a copy of a contract. Suddenly, the sound of "beep-beep-beep-beep!" came from the bp machine hanging on his waist.

He took off the pager and took a look. It turned out to be stock market information from the pager station. The bp machine in his hand is the first Hanxian pager in Hong Kong just launched by Starlight Corporation.

Starlight Paging Station, a subsidiary of Starlight Corporation, recently started cooperating with a number of securities firms in Hong Kong to launch stock market short message services. Users who have purchased Hanxian pagers only need to pay a monthly fee of 15 Hong Kong dollars to receive important events in the stock market at the first time of each trading day. (To be continued...)

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