Reborn as a tycoon in Hong Kong
Chapter 868
(Not modified yet)
Before Lin Baicheng returned to Xiangjiang, Cheng Yufeng, who received Lin Baicheng's call, had already begun arranging contacts with institutions that held Cangjiang Industrial shares to buy out the Cangjiang Industrial shares they held.
The purpose of these funds, securities, and banking institutions to hold shares is to make money. There are very few people who are really optimistic about a certain company for several years or even more than ten years, so they don't mind selling their shares, as long as they are optimistic about it. fair price.
When acquiring shares from an institution, there must be a certain premium, and the details will depend on the negotiations between the two parties.
The stock market in 1977 was generally volatile. When Lin Baicheng wanted to acquire Wharf, the Hang Seng Index was rising. After that, the Hang Seng Index began to fall back. However, as of the last trading day at the end of the year, the Hang Seng Index still closed above 400 points.
However, after the time entered 1978, the Hang Seng Index fell overall in January. It had fallen below 400 points and is now hovering at 390 points, but it seems to still have a downward trend.
After all, the Chinese New Year is approaching and the Chinese New Year is about to begin. Many people have cashed in their stocks and are holding cash to celebrate the New Year. There is a lot of selling pressure and there is no takeover. Naturally, the overall stock market is mainly falling.
In this market situation, some people are willing to buy their own shares at a premium, and institutions are willing to sell them, as long as the price satisfies them.
Lin Baicheng returned to Xiangjiang on the afternoon of the second day after receiving the loan. Cheng Yufeng reported the good news to him. He had completed transactions with several institutions and bought 7.6% of the shares at an average premium of 12%.
Such a premium is not high, but the institutions are not losing money either. They must be making money. It is just a matter of seeing who has a lower cost price and makes more money.
These shares were not enough, so Lin Baicheng asked Cheng Yufeng to continue the acquisition, and the price could be slightly compromised.
Before Lin Baicheng returned to Xiangjiang, Cheng Yufeng, who received Lin Baicheng's call, had already begun arranging contacts with institutions that held Cangjiang Industrial shares to buy out the Cangjiang Industrial shares they held.
The purpose of these funds, securities, and banking institutions to hold shares is to make money. There are very few people who are really optimistic about a certain company for several years or even more than ten years, so they don't mind selling their shares, as long as they are optimistic about it. fair price.
When acquiring shares from an institution, there must be a certain premium, and the details will depend on the negotiations between the two parties.
The stock market in 1977 was generally volatile. When Lin Baicheng wanted to acquire Wharf, the Hang Seng Index was rising. After that, the Hang Seng Index began to fall. However, as of the last trading day at the end of the year, the Hang Seng Index still closed above 400 points.
However, after the time entered 1978, the Hang Seng Index fell overall in January. It had fallen below 400 points and is now hovering at 390 points, but it seems to still have a downward trend.
After all, the Chinese New Year is approaching, and the Chinese New Year is about to begin. Many people have cashed in their stocks and are holding cash to celebrate the New Year. There is a lot of selling pressure and there is no takeover. Naturally, the overall stock market is mainly falling.
In this market situation, some people are willing to buy their own shares at a premium, and institutions are willing to sell them, as long as the price satisfies them.
Lin Baicheng returned to Xiangjiang on the afternoon of the second day after receiving the loan. Cheng Yufeng reported the good news to him. He had completed transactions with several institutions and bought 7.6% of the shares at an average premium of 12%.
Such a premium is not high, but the institutions are not losing money either. They must be making money. It is just a matter of seeing who has a lower cost price and makes more money.
These shares were not enough, so Lin Baicheng asked Cheng Yufeng to continue the acquisition, and the price could be slightly compromised.
Before Lin Baicheng returned to Xiangjiang, Cheng Yufeng, who received Lin Baicheng's call, had already begun arranging contacts with institutions that held Cangjiang Industrial shares to buy out the Cangjiang Industrial shares they held.
The purpose of these funds, securities, and banking institutions to hold shares is to make money. There are very few people who are really optimistic about a certain company for several years or even more than ten years, so they don't mind selling their shares, as long as they are optimistic about it. fair price.
When acquiring shares from an institution, there must be a certain premium, and the details will depend on the negotiations between the two parties.
The stock market in 1977 was generally volatile. When Lin Baicheng wanted to acquire Wharf, the Hang Seng Index was rising. After that, the Hang Seng Index began to fall. However, as of the last trading day at the end of the year, the Hang Seng Index still closed above 400 points.
However, after the time entered 1978, the Hang Seng Index fell overall in January. It had fallen below 400 points and is now hovering at 390 points, but it seems to still have a downward trend.
After all, the Chinese New Year is approaching, and the Chinese New Year is about to begin. Many people have cashed in their stocks and are holding cash to celebrate the New Year. There is a lot of selling pressure and there is no takeover. Naturally, the overall stock market is mainly falling.
In this market situation, some people are willing to buy their own shares at a premium, and institutions are willing to sell them, as long as the price satisfies them.
Lin Baicheng returned to Xiangjiang on the afternoon of the second day after receiving the loan. Cheng Yufeng reported the good news to him. He had completed transactions with several institutions and bought 7.6% of the shares at an average premium of 12%.
Such a premium is not high, but the institutions are not losing money either. They must be making money. It is just a matter of seeing who has a lower cost price and makes more money.
These shares were not enough, so Lin Baicheng asked Cheng Yufeng to continue the acquisition, and the price could be slightly compromised.
Before Lin Baicheng returned to Xiangjiang, Cheng Yufeng, who received Lin Baicheng's call, had already begun arranging contacts with institutions that held Cangjiang Industrial shares to buy out the Cangjiang Industrial shares they held.
The purpose of these funds, securities, and banking institutions to hold shares is to make money. There are very few people who are really optimistic about a certain company for several years or even more than ten years, so they don't mind selling their shares, as long as they are optimistic about it. fair price.
When acquiring shares from an institution, there must be a certain premium, and the details will depend on the negotiations between the two parties.
The stock market in 1977 was generally volatile. When Lin Baicheng wanted to acquire Wharf, the Hang Seng Index was rising. After that, the Hang Seng Index began to fall. However, as of the last trading day at the end of the year, the Hang Seng Index still closed above 400 points.
However, after the time entered 1978, the Hang Seng Index fell overall in January. It had fallen below 400 points and is now hovering at 390 points, but it seems to still have a downward trend.
After all, the Chinese New Year is approaching, and the Chinese New Year is about to begin. Many people have cashed in their stocks and are holding cash to celebrate the New Year. There is a lot of selling pressure, and there is no takeover, so the overall stock market will naturally fall.
In this market situation, some people are willing to buy their own shares at a premium, and institutions are willing to sell them, as long as the price satisfies them.
Lin Baicheng returned to Xiangjiang on the afternoon of the second day after receiving the loan. Cheng Yufeng reported the good news to him. He had completed transactions with several institutions and bought 7.6% of the shares at an average premium of 12%.
Such a premium is not high, but the institutions are not losing money either. They must be making money. It is just a matter of seeing who has a lower cost price and makes more money.
These shares were not enough, so Lin Baicheng asked Cheng Yufeng to continue the acquisition, and the price could be slightly compromised.
Before Lin Baicheng returned to Xiangjiang, Cheng Yufeng, who received Lin Baicheng's call, had already begun arranging contacts with institutions that held Cangjiang Industrial shares to buy out the Cangjiang Industrial shares they held.
The purpose of these funds, securities, and banking institutions to hold shares is to make money. There are very few people who are really optimistic about a certain company for several years or even more than ten years, so they don't mind selling their shares, as long as they are optimistic about it. fair price.
When acquiring shares from an institution, there must be a certain premium, and the details will depend on the negotiations between the two parties.
The stock market in 1977 was generally volatile. When Lin Baicheng wanted to acquire Wharf, the Hang Seng Index was rising. After that, the Hang Seng Index began to fall back. However, as of the last trading day at the end of the year, the Hang Seng Index still closed above 400 points.
However, after the time entered 1978, the Hang Seng Index fell overall in January. It had fallen below 400 points and is now hovering at 390 points, but it seems to still have a downward trend.
After all, the Chinese New Year is approaching and the Chinese New Year is about to begin. Many people have cashed in their stocks and are holding cash to celebrate the New Year. There is a lot of selling pressure and there is no takeover. Naturally, the overall stock market is mainly falling.
In this market situation, some people are willing to buy their own shares at a premium, and institutions are willing to sell them, as long as the price satisfies them.
Lin Baicheng returned to Xiangjiang on the afternoon of the second day after receiving the loan. Cheng Yufeng reported the good news to him. He had completed transactions with several institutions and bought 7.6% of the shares at an average premium of 12%.
Such a premium is not high, but the institutions are not losing money either. They must be making money. It is just a matter of seeing who has a lower cost price and makes more money.
These shares were not enough, so Lin Baicheng asked Cheng Yufeng to continue the acquisition, and the price could be slightly compromised.
Before Lin Baicheng returned to Xiangjiang, Cheng Yufeng, who received Lin Baicheng's call, had already begun arranging contacts with institutions that held Cangjiang Industrial shares to buy out the Cangjiang Industrial shares they held.
The purpose of these funds, securities, and banking institutions to hold shares is to make money. There are very few people who are really optimistic about a certain company for several years or even more than ten years, so they don't mind selling their shares, as long as they are optimistic about it. fair price.
When acquiring shares from an institution, there must be a certain premium, and the details will depend on the negotiations between the two parties.
The stock market in 1977 was generally volatile. When Lin Baicheng wanted to acquire Wharf, the Hang Seng Index was rising. After that, the Hang Seng Index began to fall back. However, as of the last trading day at the end of the year, the Hang Seng Index still closed above 400 points.
However, after the time entered 1978, the Hang Seng Index fell overall in January. It had fallen below 400 points and is now hovering at 390 points, but it seems to still have a downward trend.
After all, the Chinese New Year is approaching and the Chinese New Year is about to begin. Many people have cashed in their stocks and are holding cash to celebrate the New Year. There is a lot of selling pressure and there is no takeover. Naturally, the overall stock market is mainly falling.
In this market situation, some people are willing to buy their own shares at a premium, and institutions are willing to sell them, as long as the price satisfies them.
Lin Baicheng returned to Xiangjiang on the afternoon of the second day after receiving the loan. Cheng Yufeng reported the good news to him. He had completed transactions with several institutions and bought 7.6% of the shares at an average premium of 12%.
Such a premium is not high, but the institutions are not losing money either. They must be making money. It is just a matter of seeing who has a lower cost price and makes more money.
These shares were not enough, so Lin Baicheng asked Cheng Yufeng to continue the acquisition, and the price could be slightly compromised.
Before Lin Baicheng returned to Xiangjiang, Cheng Yufeng, who received Lin Baicheng's call, had already begun arranging contacts with institutions that held Cangjiang Industrial shares to buy out the Cangjiang Industrial shares they held.
The purpose of these funds, securities, and banking institutions to hold shares is to make money. There are very few people who are really optimistic about a certain company for several years or even more than ten years, so they don't mind selling their shares, as long as they are optimistic about it. fair price.
When acquiring shares from an institution, there must be a certain premium, and the details will depend on the negotiations between the two parties.
The stock market in 1977 was generally volatile. When Lin Baicheng wanted to acquire Wharf, the Hang Seng Index was rising. After that, the Hang Seng Index began to fall. However, as of the last trading day at the end of the year, the Hang Seng Index still closed above 400 points.
However, after the time entered 1978, the Hang Seng Index fell overall in January. It had fallen below 400 points and is now hovering at 390 points, but it seems to still have a downward trend.
After all, the Chinese New Year is approaching, and the Chinese New Year is about to begin. Many people have cashed in their stocks and are holding cash to celebrate the New Year. There is a lot of selling pressure and there is no takeover. Naturally, the overall stock market is mainly falling.
In this market situation, some people are willing to buy their own shares at a premium, and institutions are willing to sell them, as long as the price satisfies them.
Lin Baicheng returned to Xiangjiang on the afternoon of the second day after receiving the loan. Cheng Yufeng reported the good news to him. He had completed transactions with several institutions and bought 7.6% of the shares at an average premium of 12%.
Such a premium is not high, but the institutions are not losing money either. They must be making money. It is just a matter of seeing who has a lower cost price and makes more money.
These shares were not enough, so Lin Baicheng asked Cheng Yufeng to continue the acquisition, and the price could be slightly compromised.
Before Lin Baicheng returned to Xiangjiang, Cheng Yufeng, who received Lin Baicheng's call, had already begun arranging contacts with institutions that held Cangjiang Industrial shares to buy out the Cangjiang Industrial shares they held.
These funds, securities, and banking institutions all hold shares for the purpose of making money. There are very few people who are really optimistic about a company for several years or even more than ten years, so they don't mind selling their shares.
When acquiring shares from an institution, there must be a certain premium, and the details will depend on the negotiations between the two parties.
The stock market in 1977 was generally volatile. When Lin Baicheng wanted to acquire Wharf, the Hang Seng Index was rising. After that, the Hang Seng Index began to fall. However, as of the last trading day at the end of the year, the Hang Seng Index still closed above 400 points.
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