The rise of Hong Kong's wealthy families
Chapter 56 Acquisition of Qingzhou Yingni
He Jiahao worked at Manulife Development and accidentally remembered that Jardine Land, the flagship company of Jardine Land, seemed to be acquiring the remaining 47.4% equity of City Hotel in May and completing the privatization at a price of 40 yuan per share.
So, he called Standard Chartered Bank to ask Qian Jun about City Hotel's stock price and the number of scattered shares in the market.
After receiving the good news, He Jiahao planned to use Toei Co., Ltd.'s 30 million to make this short-term investment. The profit should be more than 10 million, which is a good investment.
Duo duo! ! !
There was a knock on the door, and Huo Jianning walked in.
"Boss, 31% of the shares of Qingzhou Yingni Company have been absorbed. What should we do next?" Huo Jianning looked at He Jiahao and asked. He had heard that the "Shenlong" comic sold for 30 million, so he came here to ask for this money.
Hearing this, He Jiahao understood Huo Jianning's intention. At this time, it seemed difficult for him to refuse Huo Jianning.
"How much capital is needed to initiate an acquisition?"
"30 million is enough." Huo Jianning said seriously.
"Okay then, you can directly use the 30 million from "Dragon"." He Jiahao reluctantly agreed to Huo Jianning.
In fact, it's a good thing. After all, Qingzhou Yingni Company is worth more than that 10 million yuan.
a week later
The Big Brother phone rang, He Jiahao picked up the phone and answered, "Hello, I'm He Jiahao, who is this?"
"Boss, our acquisition of Qingzhou Yingni has been discovered, what should we do?" Huo Jianning's anxious voice came from the receiver.
He Jiahao frowned and suddenly felt bad, "How many shares do we hold now?"
"41.3%."
"Don't worry, stop first, I'll be right over." He Jiahao hung up the phone and almost rushed out of the office.
Arriving at the Standard Chartered Bank trading room, he asked as soon as he entered the door, "How is the situation now?"
"He Sheng, it's all my fault. I was in a hurry to buy one million shares, so I was exposed." Qian Jun was the first to admit his mistake.
Huo Jianning stood aside with an ugly face. He was the largest shareholder with 41.3% of the shares. However, the Kane family has been running Qingzhou Yingni for many years. Most of the shareholders are British. There must be many people supporting the Kane family. If they do not fully control , it may not be possible to acquire it.
"Okay, let's talk about the situation first." He waved his hand. Blaming Qian Jun now would have no effect and would only aggravate the situation.
"Now it's 2 yuan per share, and there aren't many orders left in the market." Qian Jun spat.
"Well, follow my instructions and don't hesitate on the way."
"receive."
He Jiahao adjusted his mood, "How many orders are there on the market? At what price? How much money is left in the account?"
"There are 5,000 shares at 2.1 yuan on the market, 1,000 shares at 2 yuan, and there are 19.37 million in the account." Qian Junhui reported.
"Okay, sweep away 1,000 shares, and then place two sell orders for 50,000 shares for 2.4 yuan."
"this"
"Execute my orders, Qian Sheng." Seeing Qian Jun's hesitation, He Jiahao shouted coldly.
What the hell, first his gluttony was exposed, and now he is questioning the order.
"good."
Sure enough, after the buying orders for 6,000 shares priced at more than 2 yuan were eliminated, and there were still selling orders for 60,000 shares at the 2.4 yuan level, the entire market became quiet.
The originally vigorous and aggressive attitude suddenly disappeared.
He Jiahao struck while the iron was hot and "withdrew the selling order for 60,000 shares and placed a selling order for 150,000 shares at 1.8 yuan."
"Yes." Qian Jun replied and started operating simply.
"Place another selling order of 200,000 shares at 1.6 yuan."
"Sweep away the selling orders below 1.5 yuan."
"Place a sell order of 1 million shares for 2 yuan."
Listening to He Jiahao's instructions, Huo Jianning was a little dumbfounded. It turned out that the stock market could still be operated in this way.
Finally, under He Jiahao's repeated manipulation of the stock price, Qingzhou Yingni began to plummet, and investors sold off one after another.
"Sweep away orders below 0.8 yuan."
"yes."
"Publish 200,000 shares for 1.2 yuan."
"He Sheng, you now hold 48.4% of the shares. There is a selling order of 2 million shares for 1.5 yuan. Do you want to sweep it away?"
"Take 2 million shares."
"It is now 53.4%, and He Shengqian has controlled Qingzhou Yingni."
"Phew!" Looking at the clock on the wall showing 3:47, He Jiahao breathed a sigh of relief. The acquisition was finally successful before the market closed. If it was delayed until tomorrow and those people woke up, he might not be able to get a good deal.
Of course those ghost guys will support their own people, so He Jiahao finds it troublesome and wants to take complete control of the company.
Qian Jun glanced at the tired He Jiahao and breathed a sigh of relief. It was good that he succeeded. Otherwise, he was really afraid that He Sheng would be held responsible. At this time, his whole body was already soaked.
"Qian Sheng, please use the remaining money to buy all the City Hotel stocks with 5 times leverage. This time you can make a bigger move."
Qian Jun quickly responded ‘yes’.
After resting for a while, He Jiahao and Huo Jianning drove back to Manulife Development.
"It turns out that the boss controls the stock market so well." Huo Jianning said flatteringly.
"This is all nonsense. To acquire a company, you have to spend money on it. We already hold a controlling stake in Qingzhou Yingni, and we can take over the company in a few days." He Jiahao answered lightly.
He had long known that acquiring more than 50% of the shares would be discovered, but Li Chaoren's achievements in his previous life put a lot of pressure on him, and he did not dare to show the slightest flaw, otherwise the roast duck he got would fly away.
"Well, I have already selected the person who will take over the Qingzhou Ying Cement Company. He will be able to take control of the company in a short time." Huo Jianning was a little excited. He finally acquired a listed company.
After Huo Jianning finished his excitement, he continued, "The Kane family is very powerful in Qingzhou Ying Cement Company. When the time comes, we must carefully check the accounts and eliminate the bad debts and hidden dangers left by the Kane family."
"Okay, I will handle these things myself and make sure there are no big problems."
"When funds are sufficient next year, the Hung Hom land will be transferred to Manulife." He Jiahao held his forehead with his right hand and murmured softly.
Upon seeing this, Huo Jianning quietly exited the office. He also needed to deploy personnel for tomorrow's work as soon as possible, which would require almost the majority of Manulife Development's manpower.
As for the ugly things that result from the placement of his own people, Huo Jianning doesn't care at all. Children know that 'I have the final say on my territory.' No one would allow the former chairman of the board of directors to control the current company. Those who say bad things must be envious, jealous, and hateful.
One morning, Manulife employees were gathering.
"Boss, Lawyer Chen Ran and Chen are here." Huo Jianning walked to He Jiahao and whispered.
"Good morning, Lawyer Chen, I'm sorry to trouble you this time." He Jiahao said politely with a smile.
"No trouble, this is my responsibility." Chen Ran responded politely. In less than a year, he acquired three listed companies. This He Sheng is really amazing.
"Good morning, boss." Qin Haiming scratched his head as he walked, his face was embarrassed, as if he had done something out of necessity.
"I remember you haven't been to Manulife for a long time," He Jiahao said jokingly.
This guy has been showing off his power in Yunzhimeng, and he dislikes Manulife for being too busy collecting rent. In fact, Manulife can't let him show off, so he doesn't want to come. "Haha, weren't you busy with "God of Gamblers" before? Now the deputy general manager has summoned most of the employees to the new company. I am also a member of the company and wanted to come and see if I can help." Come on, I think this is A chance to show off.
"Get in the car, let's get ready to go." He Jiahao didn't even bother to pay attention to Qin Haiming.
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