Rebirth of the Capital Legend

Chapter 242: The hottest person in the Magic City! (Page 13)

After nearly a month of continuous operations, he has used his trading account to buy more than 5 million yuan of stock chips of "Jingcheng Holdings" in the Hong Kong stock market. At the same time, in the name of the company, he has also taken over a number of institutional chips that wanted to withdraw after "Jingcheng Holdings" failed to break through the A-share barrier through discount agreements.

Today, he and his company together hold shares in Jingcheng Holdings.

It has reached nearly 10%.

During this period, he continued to increase his holdings of Jingcheng Holdings shares through various means.

Qin Renzhao, the current head of the Qin family, has come to ask for cooperation several times, hoping that Su Yi can stand on his side and help him consolidate control of the group.

But Su Yi had already promised Lei Kaishan.

During this period of time, I kept finding excuses to avoid him.

"Brother, is the Su still avoiding us?"

Before the annual shareholders' meeting of 'Jingcheng Holdings' was about to be held, and when Su Yi completed the acquisition of many shares of 'Jingcheng Holdings' Group, in the Qin family villa, Qin Feng saw his eldest brother Qin Renzhao with a frown on his face, and asked anxiously.

Qin Renzhao shook his head helplessly and said, "I have invited him several times, but he declined for various reasons. It seems that there is no hope for cooperation with this Mr. Su. Alas... it is also our fault for being slow to react. We did not expect that Mr. Lei had set an ambush on Mr. Su."

After Qin Song’s scandal broke out.

For quite a long time, Qin Renzhao focused his energy on the internal affairs of the group, helping his father to clean up the scandal and finding various evidences to win the lawsuit. He did not expect the sudden changes in the secondary market, nor did he expect that a number of institutions that had vowed to firmly support the Qin family would sell their holdings.

By the time he reacted...

Using all efforts to raise funds, it plans to increase its holdings and repurchase shares from a number of institutions that originally participated in the private placement plan.

It's completely too late.

The stock price in the secondary market has long since gotten out of the deep pit created by Qin Song's scandal, thanks to Su Yi's continuous buying and speculation. Moreover, the other party is still buying continuously and pushing up the stock price. They are competing with him in bidding on the market. Not only will they not be able to buy many chips, but the stock price will be further pushed up, and then the asking price of institutions that still hold shares of Jingcheng Holdings Group in the primary market will be pushed up.

"What should we do now?" Qin Feng asked anxiously, "In a few days, the shareholders' meeting will be held. If nothing unexpected happens... Lei will definitely show his true colors. At the shareholders' meeting, all the small and medium shareholders of the United Group will demand the re-election of the chairman and the reorganization of the group's board of directors."

"We can only take it one step at a time." Qin Renzhao said with a headache, "There are still many shareholders in the group who support us. It won't be easy for Lei to win. The most important thing now... is to exempt my father from criminal responsibility. As long as he is not prosecuted, everything will be easy. If my father is fine... I believe those people in the group can't turn the tables."

"Is this... possible?" Qin Feng asked.

Qin Renzhao said, "I've tried. The mother and daughter were obviously taken care of by Lei, and Lei must have said hello to the mother and daughter. He wanted to pay money to settle the matter privately, but this path seems to be blocked at the moment. Now we can only rely on Lawyer Hao. Based on the evidence we have collected so far, it is obvious that this is most likely a conspiracy, a conspiracy designed specifically for my father. As long as we can prove this, prove that all of this was designed, then there is hope."

"Ah..." Qin Feng sighed, "I never thought things would turn out like this."

Qin Renzhao said, "We were careless. When my father got into trouble, I should have thought of all the subsequent plans. This Mr. Su is really not simple... In just a few months, he has become a hot figure in the Magic City."

"Brother, do you know how many shares of our group Mr. Su holds now?" Qin Feng asked.

Qin Renzhao thought for a moment and said, "We don't know exactly how much this guy has bought in the secondary market, but according to the disclosure requirements of the Hong Kong Stock Exchange, his shareholding in the secondary market must be more than 5%. In addition, he used the name of Huayi Capital to take over some of the chips in the hands of Huaxin Securities. This guy... is now one of the top five core shareholders of our group."

"So exaggerated?" Qin Feng was shocked.

"Yes!" Qin Renzhao said, "The shareholding of Mr. Su should be the most important trump card in Mr. Lei's hand. Unfortunately, this card...is difficult for us to obtain. If we can obtain it, Mr. Lei will definitely have no chance in the next shareholders' meeting."

"Is there really no chance of fighting for it at all?" Qin Feng said.

Qin Renzhao responded: "Normal business talks and cooperation discussions should involve asking for a high price and paying back the money. However, Mr. Su doesn't even want to meet us, which means that he doesn't want to cooperate with us from the bottom of his heart. It's very difficult to win over this person...

"I don't know what price Mr. Lei offered to Mr. Su," said Qin Feng.

"As far as I know, there is a single-family villa in the city center." Qin Renzhao said, "Other conditions are unknown."

"Can we still fight for the other small and medium shareholders of the group?" Qin Feng continued to ask.

Qin Renzhao said: "My father's accident has greatly damaged the reputation of the group, and directly led to the failure of the group's listing on the A-share market, causing substantial losses to many shareholders. It has also affected the group's image, many projects to be developed, and project sales. In this case, it is not easy for us to win over the group's small and medium shareholders, but for now... this is the only way to go.

No matter what, I won't give up.

It won’t be easy for Mr. Lei to gain control of the group.”

Having said that, Qin Renzhao gritted his teeth, answered a phone call, and went back to work on the group's affairs.

Qin Feng looked at his elder brother's busy figure and worried eyes. He stood there in a daze for a long time. He wanted to help but felt he didn't know where to start.

His mind couldn't help but flash back to the past two or three months.

Su Yi thought of the scene when they were passing the message through Zhao Xinqiang.

At that time, he didn't think the other person was a big shot, and he didn't even take his words to heart.

However, they never expected that after just two or three months, the other party had transformed into a rising capital star in the Magic City and became the most important driving force for their Qin family to lose control of the group.

He thought about it carefully for a while.

He thought of various ways to persuade Su Yi to stand on his elder brother's side.

But after careful consideration, it seems that no matter which method is used, it will not work.

But no matter whether it works or not, he decided to give it a try.

So, he asked Zhao Xinqiang to help him make an appointment with Su Yi. He had thought of the reason, which was that he wanted to solemnly apologize in person for disturbing and offending the other party due to speeding before, and then find out the other party's attitude and see what kind of conditions can impress the other party.

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