My Side Job is a Trader

Chapter 216 Major Events in Business History

At this moment, although Baoneng's boss Yu Xinhua didn't say anything, everyone knew that Baoneng's wish to use Huacheng Real Estate as a way to make quick money had failed.

Yu Xinhua understands that the initiative is no longer on his side.

Although the government has been advocating the development of a market economy, state-owned enterprises and private enterprises compete fairly.

But anyone with a discerning eye knows how private enterprises can compete with state-owned enterprises. After all, this is like a referee playing football and saying that he will have a fair competition with you. Those who understand will naturally understand the result.

A great man once said that when capital comes to the world, dirty blood drips from every pore, so someone needs to supervise and restrict it.

This is also the main reason why capital in China cannot be as powerful as it is abroad.

Although Baoneng Fund is backed by Baoneng Group and has strong capital, it still does not look good enough in front of the state apparatus.

Two days later, the thing that worried Yu Xinhua happened, that is, the Insurance Regulatory Commission issued an announcement to strictly investigate the inflow of insurance funds into the speculative investment market, and will re-examine the qualifications of the current major domestic insurance companies.

This really hit the seven inches of Baoneng Group.

The reason why Baoneng Group is rich and powerful is because Baoneng has a private insurance company. Through insurance business, the company raised a large amount of funds, and these funds were transferred to Baoneng Fund in the form of purchasing funds to operate. On the right hand, Baoneng Fund can obtain a huge amount of funds without issuing funds, and then use its strong funds to dominate the capital market. It is so majestic!

Moreover, capital is greedy and impatient, so even if the companies targeted by these capitals, no matter how well they operated before, almost all of them fail after being tossed by capital, and what is even worse is direct delisting or restructuring.

So this is why Wan Shi was always full of malice towards capital at the beginning, after all, he had experienced a similar thing once.

Now that the government is going to strictly investigate the sources and uses of insurance funds, this will undoubtedly cut off the future of the Baoneng Fund. From then on, the Baoneng Fund can only rely on itself to struggle in the capital market, just like ordinary fund companies.

Only one day later, Huarun Group also issued an announcement that Ge Xinmin, the leader of the group, was suspended for investigation, and a man named Lin Xizhong was parachuted into Huarun Group as the chairman of the board.

This is undoubtedly a signal, that is, the higher-ups really don't like people who are alive and kicking in the capital market. In order to ensure the good development of excellent companies, they can only make an example and let other capitals that are about to move pay attention. Cleaning up a capital is a matter of minutes.

At the beginning of December, the management team of Hwaseong Real Estate held a board meeting again. Baoneng, the largest shareholder, had five director seats, but they were all absent. , but I don't participate in all the company's affairs, I just pay dividends, or sell all the shares while Huacheng Real Estate's stock price is still high, so as to get rich returns.

However, compared with the income obtained from eating up Huacheng Real Estate completely, it can be said that it is a ground and a sky.

Seeing that the matter had settled, Jiang Hengyin from Southern Real Estate was the first to express his willingness to sell 8% of Chinatown Real Estate's shares to Shenzhen Metro.

In this way, although the shares owned by Shenzhen Metro are still not as good as Baoneng Fund, the two are very close.

The Baoneng Group is also very sensible, and directly took out the stocks in its hands and put them in the stock market for circulation, until the shareholding ratio was lower than the 17% of Huarun Group, and then stopped.

This "Battle of Baohua" can be said to have become a legendary event in the history of domestic business, and it was even regarded as a typical case of business war for people to analyze and summarize lessons.

Of course, this Baohua battle can be described as a lose-lose situation, because the three main players who participated in the battle all suffered losses, either in terms of money or reputation.

Needless to say, guaranteeing energy has become a key concern of the relevant departments. If you want to freely control the capital market in the future, it depends on whether the higher authorities allow it.

Huarun directly replaced a head, and then lost the trust of Huacheng Real Estate. It is said that he is already discussing the details of the share transfer with Shenzhen Metro.

As for Huacheng Real Estate, although Wan Shi managed to keep the management team's control over the company, the price was that he completely quit the company and delegated power to the next president, Li Wenliang. This should be a deal he reached with Shenzhen Metro. This time, his different attitude towards private enterprises and state-owned enterprises has stimulated some business leaders and caused his reputation to be damaged. After all, this time he has relied entirely on the power of the government to successfully keep Huacheng Real Estate. Although the commercial war can be used All methods, but this method obviously cannot be displayed on the bright side.

Of course, there are also beneficiaries in this battle to protect Huacheng. For example, speculators like Zhang Xin made a lot of money in the stock market by taking advantage of the Baoneng Fund’s aggressive acquisition of Huacheng Real Estate’s stocks. Even Zhang Xin Through the operation, the funds in the company's own personal account were directly doubled, and many bold and careful people in the market also made money more or less.

Then, Hwaseong Real Estate itself is also a beneficiary, saying that if you survive a catastrophe, you will have good fortune. For Hwaseong Real Estate itself, the biggest problem before is that the shares are too scattered, and the company has no response to such a hostile takeover. Therefore, it is often easy to be targeted by some daring capital.

After this incident, the shares of Huacheng Real Estate began to become concentrated. If Huarun Group really reached a share transfer agreement with Shenzhen Metro, then Shenzhen Metro will own at least 30% of the shares. Urban real estate will not get out of control.

Then, of course, there was Shenzhen Metro, which was finally pulled by Wan Shi to help. This time it can be said that it was full of rewards. It was easy to obtain a high-quality enterprise, and it just complemented its main business. The boss of Shenzhen Metro is not to mention how happy he is Well, at least he has completed most of the main goals of his tenure. As long as Huacheng Real Estate can still maintain good development in the next few years and maintain its status as an old man in commercial real estate, then Shenzhen Metro can get a lot of benefits from it. This is exactly a Baoji that lays golden eggs.

It's a pity that capital like the Energy Conservation Fund has always focused on short-term interests. In order to maximize profits, it is very likely to kill the chicken and take the eggs. This is also the main reason for the fierce resistance of the management team of Huacheng Real Estate.

State-owned enterprises are relatively rational, they are often very patient, and apart from sending people to supervise, they seldom directly intervene in the operation and management of the company. This is the most important reason why Wan Shi hopes that Huacheng Real Estate can be owned by a state-owned enterprise. No one wants their hard-working company to eventually decline due to various tosses.

With the end of the Baohua dispute, Wan Shi also came to an end, but this did not hinder his status and influence in the business circle.

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