City Start Striving for Becoming a Rich Man
Chapter 96
Chapter 96
The reason why Ni Shixiao went to the rooftop to smoke.
Because of the strong wind on the rooftop, the smell of smoke will be blown away by the wind.
After smoking, Ni Shixiao went to the bathroom to rinse his mouth with mouthwash.
After washing his mouth, he returned to the office.
Leilei was still watching the cartoons in peace.
Sometimes the little hands would follow along with gestures, learning how to walk Donald Duck inside.
It doesn’t seem to be difficult to take, which means it’s harder to wait for a meal.
The little guy followed Ni Shixiao for two or three days before he sent the little guy back to Zhao Suzhen.
Leilei still didn’t want to give up much, and she agreed to see her soon before she cried and gave up.
…
Xiangjiang was a place from the early sixties to the early eighties.
There is a very strange place, that is, everyone wants to get rich, everyone is looking for opportunities to get rich.
Unlike previous lives, everyone actually wants to make a fortune, but few people put it into action.
But the current citizens of Hong Kong are not. They are really looking for opportunities to make a fortune very hard.
This has also contributed to the prosperity of the Hong Kong financial market.
This has also contributed to the positive and progressive spirit of the citizens of Xiangjiang. This is the 30 years of Xiangjiang Gold.
The Hong Kong government turned everyone’s attention to real estate, and finally everyone saw the ending of Xiangjiang…
Of course, there are also the so-called ten richest people in Hong Kong.
…Can’t diverge thinking anymore, a few hundred words have been deleted here.
Now that the Hong Kong stock market has broken away from the influence of a few years ago, the stock market has gradually recovered its vitality.
With the continuous development of Xiangjiang’s economy, industrial exports continue to increase.
With more and more foreign exchange being seized, the stock market has naturally risen.
So many savvy entrepreneurs plan to make their companies go public and earn a lot of money.
Qiu Yinian is one of them, after the last attempt to seek DreamWorks TV failed.
He died temporarily, and went back to guard his old line.
In the 1970s, Qiu Yinian took advantage of the peak of the stock market to list his Yuan|Development and Yuan|investment group and made a lot of money and avoided the low tide of the next few years.
The last time the Hang Seng Index fell sharply, it did not cause much loss to him.
It can be regarded as making up for his long | regret that the bank was swallowed up by most of the shares.(Read more @ wuxiax.com)
The current stock market has picked up, and Qiu Yinian, who has tasted the sweetness, and has not suffered, again intends to integrate its industries into the market.
Like many rich people in Xiangjiang, Qiu Yinian also has many companies under its control. There are no less than ten holdings and even more shares. This is also the investment principle of successful people, and they will not put eggs in a basket.
Xiangjiang people are not fools. It is not that you can go public with a combination of broken companies and makeovers. It must be a good company that will be sought after.
When Li Bancheng’s Changjiang Industrial went public, it almost fell below the issue price, which was embarrassing.
The most valuable unlisted company in Qiu Yinian’s hands is naturally the Liyuan Amusement Park, which has been growing daily, and two large hotels in Tsim Sha Tsui. In addition, she has two more than ten-storey office buildings. More than a dozen theaters located in remote places.
The bits and pieces can add up to 500 or 600 million.
Liyuan accounted for half of the assets inside.
And this part of the assets is going to be listed, and the first one to be packaged and promoted is the most valuable Liyuan Amusement Park.
According to calculations by some financial institutions in Hong Kong, Liyuan’s profits are now almost 30 million a year.
This profit is already high for amusement parks.
According to the usual international valuation algorithm in the 1980s, ten to twenty times the net profit is the correct IPO valuation at the time of listing.
Now Qiu Yinian intends to add all the above assets to the newly established Yuan|Group, and then go public.
If you are lucky, the valuation of Yuan|Group is estimated to exceed 1 billion. Qiu Yinian sold 68% of the shares, and after excluding reimbursement expenses, it can earn 600 million after listing.
Don’t look at Qiu Yinian leaving only 32% of his shares.
However, the rules of the Hong Kong stock market are not the same as that of Mei Guo. It inherits the imperial rules.
In Hong Kong, if the majority shareholder of a listed company has more than 35% of the shares, then the Hong Kong Regulatory Commission will require the majority shareholder to conduct a comprehensive acquisition.
Only if you hold more than half of the shares will be considered complete, otherwise you will not be able to own 35% of the shares and you will have to sell some.
Of course, there are many ways to avoid it. As mentioned above, Xizhen’s shares are placed under the names of many companies.
Lijia’s shares are also under the names of multiple companies.
After the shares were transferred to DreamWorks, Xizhen could only be delisted.
If Ni Shixiao does not announce the repurchase of shares, the remaining shareholders will be converted into shareholders.
Therefore, in 9102 in later generations, you can still see that the shareholder companies of several major group companies in Hong Kong do not have more than 35% of the shares. Instead, the shares are split into several holding companies, which requires two or dozens of companies. The total is only half, which is to avoid the compulsory acquisition rules of the Hong Kong stock market.
The reason for so much talk is that Ni Shixiao is interested in getting some shares in the hotel group. He is interested in Yuan|Group not to make money, but to have ideas for Liyuan.
After the last trip to the Ocean Park, Leilei didn’t want to leave until the end of the game. In fact, Ni Shixiao has already remembered it in her heart.
This time the Yuan|Group goes public, just to become a shareholder, gain a little say, and create an amusement park for Leilei where she can go to play at any time.
Now Qiu Yinian is in Ni Shixiao’s office, selling shares of Yuan|Group to him.
“Mr. Ni, look, this is the asset structure of Yuan|Group.”
Qiu Yinian passed the list of assets under the Yuan|Group to Ni Shixiao.
When Ni Shixiao saw the name of Liyuan Amusement Park in his assets, he became interested in Yuan|Group.
“Mr. Qiu, I don’t say how much I buy, as long as you promise me a condition, I will buy as much as you want me to buy.”
“I don’t know Mr. Ni, what conditions do you have?”
“I want a privilege. Whenever my daughter wants to play, she must be entertained.”
Qiu Yinian felt strange. When did Ni Shixiao have a daughter, I haven’t heard of it.
“Mr. Ni wants this privilege. It’s not a big problem. It’s just to recruit more staff on duty, and it won’t cost a lot of money a year. But Mr. Ni, when did you have a daughter?”
“Oh, Mr. Qiu, is actually my goddaughter, Suzhen’s daughter.”
“That said, I understand. Mr. Ni, I hope you can buy 10% and not increase your holdings. At the same time, I will advertise with your name.”
Ni Shixiao thought about it. Qiu Yinian was nothing but worried about Ni Shixiao’s magpie’s nest, and wanted a DreamWorks to be optimistic about the name of the group, so as to push up the stock price.
It’s not a big problem, now it’s up to the price.
“Mr. Qiu, your request is not a big problem, now I want to know, what price do you give me?”
“I give you a valuation of 700 million, 10% of 70 million, what do you think of Mr. Ni?”
“Yes, deal”. Although the price is slightly higher than the actual valuation, it will make a profit as long as it goes public.
When the time is right, you can cash out.
Anyway, the replacement for the privilege now is not the shareholder, but his own name.
Ni Shixiao has not considered holding Yuan|Group’s stock for a long time. .
Read more @ wuxiax.com. Chinese MTL Fan-Fiction/Second Element novel can be read @ HotMTLNovel for free.
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