Metropolis: I am really rich
Chapter 125
The two pieces of news published on Xinglang's official website not only caused chaos in the entertainment industry, but also shocked the big guys in the domestic capital and financial circles.
Seeing flowers in the fog and looking at the moon in the water, this is the feeling that those uninformed domestic capital and financial circles had before when they saw Xiao Heng operating Xinglang stocks.
But in the eyes of those big guys who are aware of it and have been paying attention, it is another story.
Xiao Heng's operation can be called a model of snake swallowing elephant.
Of course this is also true.
Xiao Heng purchased 25.5% of the shares from Xinglang’s shareholders and directors at a premium, spending US$255 million.
Used US$60 million to acquire 11.3% of Xinglang shares in the stock market.
Acquired 32.5% of Xinglang shares from banks for US$325 million.
Xiao Heng spent a total of US$640 million to acquire 69.3% of Xinglang's shares, achieving absolute controlling status.
Xiao Heng made another $303 million while suppressing Xinglang's stock price and shorting Xinglang's stock in the stock futures market.
One out and one in, that is, Xiao Heng only spent nearly 340 million US dollars to acquire Xinglang.
Based on Xinglang's previous market value of US$2.35 billion, Xiao Heng's 69.3% stake was worth US$1.63 billion.
And this is not over yet, Xinglang still holds 45.2% of the shares of Bibo worth US$3.52 billion.
Now Xiao Heng has spun off 45.2% of its shares worth US$3.52 billion from Xinglang to establish a new company.
As soon as this new company was established, its market value reached US$3.52 billion.
They don’t know how many shares Xiao Heng holds in the company Xiao Heng newly founded, but for the 69.3% shares of Xinglang that Xiao Heng currently holds, with a 1:1 exchange, Xiao Heng can also get 69.3% of the shares in the new company.
69.3% of US$3.52 billion is US$2.44 billion.
This means that in this operation, Xiao Heng only used US$340 million in cash in exchange for US$4.07 billion in assets, a profit of 12 times.
In less than half a month, I got 12 times the profit. I’m jealous!
No, after everything was settled, Qin Feng, Fang Yun, and Zhang Haoran were really envious and jealous after watching Xiao Heng's operations.
"Sister Yun, Mr. Qin, should we urge Xiao Heng to start operating futures and foreign exchange as soon as possible?"Zhang Haoran asked sourly.
They couldn't get involved in Xiao Heng's operation of Xinglang.
They could only think of letting Xiao Heng start operating futures and foreign exchange as soon as possible, and take them to eat some meat and drink some soup.
"I also think we should urge Xiao Heng."Qin Feng nodded in agreement.
He was really envious. If he was the one who exchanged US$340 million in cash for US$4.07 billion in assets, his status in the family would definitely rise sharply.
It's a pity.....Why~~
"It’s really time to give it a try. Now the office space of Hengxing Investment has been renovated and has started trial operation."Fang Yun also agreed.
It would be a lie to say that she is not envious of Xiao Heng.
But she also knows that as long as they follow Xiao Heng and Xiao Heng takes them to play, they will definitely earn more.
Zhang Haoran saw Qin Feng and Fang After Yundu agreed with him, he suggested:"How about we call him now?"
"It’s better not to give it up! When Xiao Heng returns to Magic City, we will go to him directly. It would be better to talk to him face to face. Qin Feng hesitated and said.
Although he really wanted Xiao Heng to take them to the international futures and foreign exchange markets now.
But he also knew that everything must be done in a moderate manner. They could urge Xiao Heng, but they couldn't ignore it. Don't rush Xiao Heng.
If you don't let them play, they will lose everything.
"Mr. Qin is right. I also think it would be better for us to go directly to Xiao Heng after he returns to the Demon City."Fang Yun agreed with Qin Feng's words and said
"Oh well!"Zhang Haoran said sadly.
He also knew that he could not rush Xiao Heng, let alone rush Xiao Heng.
But he saw that Xiao Heng exchanged US$340 million in cash for US$4.07 billion in assets........
Maybe using U.S. dollars as the unit is not intuitive enough, but what about using RMB?
Xiao Heng exchanged 2.4 billion yuan in cash for 28.9 billion yuan in assets. This is intuitive enough!
So he is really envious of Xiao Heng
"Haoran, you should give Xiao Heng an explanation for what happened at Qingya Club last time. Don't wait too long for Xiao Heng to have opinions on you."Fang Yun saw the greedy look on Zhang Haoran's face, so she changed the subject and reminded.
She and Zhang Haoran have a good relationship and are considered very good friends.
But if Xiao Heng doesn't want to see Zhang Haoran because of the Qingya Club incident.
For the sake of money, From now on, she could only keep a distance from Zhang Haoran, so in order to prevent such a thing from happening, she reminded Zhang Haoran.
"Sister Yun, I know what to do. When Xiao Heng comes back, I will go to him and explain the matter clearly to him."
"That's good".........
Xiao Heng became the boss behind Xinglang, and the matter of spinning off Bibo shares to establish a new company also affected many companies.
For example, Ali.
Alibaba and Bibo are strategic partners.
Alibaba Capital helps protect the bib, and the bib helps Ali (Taobao) attract traffic. This is a good thing that helps each other, and it is also the real reason why Ali invested in the bib.
But now Xiao Heng has broken this balance.
Although Xinglang only holds 45.2% of the shares of Bibo, Xinglang owns 71.2% of the voting rights of Bibo.
Ali holds 30.2% of Bib, but only holds 15.8% of the voting rights.
A look at the voting rights owned by the two companies shows who has the final say.
Xiao Heng spun off the shares of Bibo and established a new company, and this newly established company was destined to be the controller of Bibo.
If a brand new company controls the bib, then the strategic cooperation agreement previously signed by Alibaba and Xinglang on the bib will likely be invalidated.
This is not the result Alibaba (Taobao) wants to see now.
Nowadays, Taobao, which is besieged by Jingxi and Pinxixi, will have disastrous consequences if it loses the traffic generated by the scarf.
Hangzhou, a certain manor.
After listening to the report from Zhang Yong, the current president of Ali, Lao Ma, who had retired, thought for a while and then said to Zhang Yong:"Zhang Yong, I know about Ali, please help me make an appointment with that Xiao Heng.!"
He had heard about Xiao Heng's legend for a long time.
He chose to meet Xiao Heng not all because of Ali (Taobao), but because he wanted to find a way for Ali Capital.
Now Alibaba Capital and Teng Xun Capital are the two largest companies in the country and are close to saturation. If they continue to develop, they will definitely be suppressed by the higher authorities.
Therefore, he must find a way to lead Alibaba Capital to go abroad and develop in the world.
"Okay, I'll contact Xiao Heng right away to confirm the time for you to meet him."
"Well, go for it!"
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