Rebirth of the Tech Madman

People in the bull market are already full of confidence. They buy what they see, not to mention the quality assets of Qinhe.

Therefore, after the announcement of this super rights issue plan, all investors turned their eyes around, which directly led to the stranded financing plans of other companies. It was obvious that this juncture was not able to win the favor of investors, and after this After the round of more than 10 billion Hong Kong dollars "water rake", the stock market also needs a recovery buffer.

Just when the Qinhe Department became the focus of the Xiangjiang Capital Market, Liu Luanxiong, a magical stock market sniper who had never missed in recent years, jumped out unwillingly and announced that he already holds a 30.1% stake in Xiangjiang Electric, second only to holdings. Qinhe Holdings, which has 33.3% of the shares of Heungkang Electric, became the second largest shareholder of Heungkang Electric, and requested to enter the board of directors of Heungkang Electric.

With such a fuss, Liu Luanxiong completely stabbed out the hostile takeover of Xiangjiang Electric Light in disguise, and let himself go from behind the scenes to the front of the stage.

Of course, he also reminded stockholders whose eyes are beginning to be red in this way. Qinhe may not necessarily use this rights issue to invest in what he claims is a promising high-quality project, but it is very likely to be used for Compete for Xiangjiang Electric Light.

It's a pity that Liu Luanxiong, who is not righteous, is destined to become the ears of everyone. After you raise funds for your own rights, you haven't turned around to enjoy your expenses and invest in the stock market. What qualifications do you have to blame others!

As for Liu Luanxiong's request to join the board of directors of Xiangjiang Electric, he was reprimanded by the general manager of Xiangjiang Electric, Ma Shimin, as wishful thinking.

"As everyone knows, Liu Luanxiong's destructive power to a formal enterprise is how destructive it is to a formal company. In the previous sniper wars of the hotel group, the shareholders of the hotel group chose not to trust Liu Luanxiong. The same reason, Xiangjiang Electric Light The board of directors does not welcome Liu Luanxiong to join, and in order to protect the interests of investors, it will definitely defeat this comical hostile takeover."

Liu Luan responded triumphantly, "It's useless if you don't welcome me. According to the regulations, I am eligible to join the board of directors of Xiangjiang Electric Light."

As soon as the words fell, Ma Shimin went to the Xiangjiang Securities Regulatory Office and the Acquisition and Merger Committee to sue Liu Luanxiong with two major crimes, namely, the source of the huge acquisition funds is unknown. It is only now that he has such a high shareholding ratio of Xiangjiang Electric Light, and there must be a mysterious existence. "Act in concert."

Seeing this scene, Liu Luanxiong couldn't help being stunned-hooligans are not terrible, just because they are educated. He was a master at exploiting loopholes, and he didn't expect that the opposing big class could also be so opportunistic to find usable weapons for himself in the marginal area.

Ma Shimin's "unreasonable making trouble" has revealed the inside story of this capital war.

Liu Luanxiong's source of funds is not so mysterious. In addition to his own resources, HSBC gave him "unlimited fire power."

This has once again confirmed the rumors that the acquisition of Xiangjiang Electric Lamps is not that simple. Behind it is the struggle between HSBC and Tang Huan for many years.

On the other hand, there is no impermeable wall. After repeated sniping in the stock market, Liu Luanxiong has naturally accumulated some contacts. Like the hotel group that besieged the Kadoorie family, the second son of Lixin Group Lin Jianyue also participated in this. Actions.

Some things cannot be said to be done, some things cannot be said to be done, and some things are floating on the edge of regulations and standards, and they are unclear.

The rather big Xiangjiang Securities Regulatory Commission then gave out a statement-Ma Shimin's accusation was "insufficient evidence."

Although this result is beneficial to Liu Luanxiong, Liu Luanxiong is not satisfied—Ma De, you have been dragging along with you for several days on the big fart. I wonder if the uncle’s "blitzkrieg" is the most annoying of this kind of procrastination.

The matter of letting Liu Luanxiong's Qiqiao produce smoke is yet to come. Ma Shimin was also dissatisfied with the statement made by the Xiangjiang Securities Regulatory Commission. He immediately appealed and the wrangling lawsuit entered the hearing of the Xiangjiang Acquisition and Merger Committee.

Huang Yulang's "Financial Times", which is responsible for waving the flag and shouting, even blows up his lungs and yells at Ma Shimin, "If you can't play it, hurry up and get out with your tail and use these rogue methods that waste everyone's time. Isn't it a shame?"

However, no matter how the "Financial Times" "fills in righteous indignation and speaks out of righteousness", the rules of the game are like this. The Xiangjiang M&A Committee has begun a serious hearing.

Not only Liu Luanxiong's side, but the onlookers also understood that Ma Shimin used the rules to use the delaying tactics to gain a buffer time for himself to raise cash.

You know, the stock market is very sensitive. At this stage, the share price of Xiangjiang Electric has been speculated to around HK$90. In this case, even a few tenths of a percent change in the shareholding ratio will involve hundreds of millions of funds.

Especially, today, the Hong Kong stock market has experienced several big ups and downs, and investors have long been baptized with extraordinary experience.

Due to rumors in the market, HSBC and Tang Huan were so tired of years of entanglement with each other that they were so tired of seeing each other. They are bound to draw a clear outcome through this Xiangjiang Electric Lights' wrist-wrestling, in order to make a decision.

Investors have reason to believe that in the battle between the two Big Macs, as a bargaining chip Xiangjiang Electric, how could the share price not even break through 100 Hong Kong dollars, and it could even replicate the unprecedented acquisition battle in 1972-Jardine's acquisition of Dairy Company, namely The so-called "landmark milk" incident, the milk company's share price broke through the 200 Hong Kong dollar grand occasion.

Such mentality has made Xiangjiang Electric’s stock a rare commodity, and the holders are all paying close attention to it, and they even want to make fake stocks indiscriminately as they did in the 1970s when the supervision was lax.

Now that Qinhe Group has launched a super rights issue plan, it seems to be a hoarding of arms. How can those Xiangjiang Electric Light stock holders not continue to be patient?

This also reflects the lack of Liu Luanxiong's background. When other consortia conduct such large-scale acquisitions, they can often use the method of "share-for-share"-when Tang Huan and Yihe fought, they received miraculous results. . But the assets under Liu Luanxiong's name did not have the appeal of Xiangjiang Electric Lights, so he could only use cash, the white knives went in and the red knives went out to fight hard.

In addition to Huang Yulang's "Financial Times" barking like a mad dog, the sane financial media pointed out: Liu Luanxiong sought to enter the board of directors of Xiangjiang Electric Light, implying that his acquisition has met a ceiling. Moreover, even if Liu Luanxiong can now acquire more than 35% of the shares of Xiangjiang Electric, the amount of capital required for the subsequent full-scale acquisition is even more jaw-dropping, which is also a severe test. It is better to fight first. Enter the board of directors of Xiangjiang Electric Light to stir up the wind and rain, and look for another fighter. It's just that the experienced Qin He is not a vegetarian, and he has seen through the bad intentions of the other party, so that even if he is not reasonable, he will be obstructed in every way.

The wisdom of teamwork is truly extraordinary, and Liu Luanxiong, who was turned away by Ma Shimin, verified this conjecture in his next actions. He actively ran around on the eve of the shareholders meeting of Xiangjiang Electric and frequently contacted minority shareholders. Although Guyin's notoriety as a "deboning expert" has been spurned by prudent investors, the small shareholders who have the milk will not really care, and it will be easier to win over.

It's just the response of Xiangjiang Electric Light, which once again demonstrated its old-fashionedness and integrity, and it issued an announcement: Xiangjiang Electric's shareholders meeting was postponed.

The exaggeration is that this move is quite popular. Obviously, the mentality of all parties to see a more magnificent show has become the general trend.

"Financial Times" sarcastically said: "The diligent use of these rascal methods one after another can only show its emptiness in strength and psychology."

Liu Luanxiong, who had fought with Ma Shimin and was in danger of being dragged into the quagmire, finally couldn't bear it. The bone dismantling expert showed the most threatening killer since he sniped on the Xiangjiang electric lamp-a new acquisition plan was revealed. .

After everyone had tasted the content, they couldn't help but breathe in air-it seems that Liu Luanxiong not only has a strong financial backing, but also a strategic expert.

It turned out that in this new acquisition plan, Liu Luanxiong proposed a concept-"partial acquisition."

The reason why Xiangjiang has become a paradise of "opportunities" as described by adventurers is largely due to its free port style and various opportunities for speculation in the absence of perfect laws and regulations.

Li Bancheng's acquisition of Hutchison Whampoa and Bao Yugang's acquisition of Wharf have made Xiangjiang Huazi's limelight for a while, and the British capital, which is basically in a state of unstable holding, is in panic all day long.

The Hong Kong government's **** sat on that side, self-explanatory. Therefore, it subsequently amended the relevant regulations and adjusted the shareholding ratio for the proposed comprehensive acquisition from 49% to 35%.

The former Jardine Mae Pan Niu Bijian, after Land Land lost the Wharf, the reason why he dared to continue to expand desperately was due to the fact that the company was more difficult to acquire due to this change.

According to Liu Luanxiong, as an important part of Hong Kong's public utilities, Xiangjiang Electric must maintain its status as a publicly listed company in order to enjoy the franchise regulations. If you propose a comprehensive acquisition, that is, increase the shareholding ratio to more than 50%, it will run counter to this spirit.

Based on this, Liu Luanxiong believes that as long as his shareholding in Xiangjiang Electric is increased to 36%, it is considered to have completed a "comprehensive acquisition."

In other words, when Liu Luanxiong purchases another 6 percent of the shares in Xiangjiang Electric, he can declare that he has won the final victory in this capital war. Compared with the original requirement of 20% increase in shareholding ratio, the difficulty has not been reduced by a little bit.

Of course, whether Liu Luanxiong's wishful thinking can be realized will ultimately depend on the attitude of the Hong Kong Securities Regulatory Office and the M&A Committee. After all, the specific understanding and release depend on which side their **** sits on.

The professionals of the Hong Kong Securities Regulatory Commission and the M&A Committee seemed to be caught off guard by this proposal. They were at a loss for a while, and most of them vaguely said: "In principle, there should be no problem."

In this way, in an instant, the balance of victory seemed to start to lean towards Liu Luanxiong.

At this time, Ma Shiming, who had "grain on hand", greatly increased the price of repurchasing shares of Xiangjiang Electric to a stifling 180 Hong Kong dollars, while hiring professionals to refute Liu Luanxiong's so-called "partial acquisition" plan.

At this time, people discovered that the electric bulb leader finally showed a sense of urgency as if he was facing a major enemy, life and death, and the tone of his speech was no longer as calm and calm as before, and he began to sharply criticize the Xiangjiang Securities Regulatory Office and the M&A Committee. Unprofessional performance.

…

"Your humiliation has led to the humiliation of the stock market, the humiliation of stockholders, the humiliation of the media, and the humiliation of the two warring parties, which in turn made this acquisition war a humiliation."

"As soon as this example is opened, it will break the equity balance of many companies in Heung Kong."

"The Xiangjiang Securities Regulatory Office's ambiguous attitude towards this so-called ‘partial acquisition’ will seriously undermine the fair environment for Xiangjiang as an international financial center."

…

In fact, Ma Shimin is acting in his true colors. Only a handful of people, such as him, Zhou Mi, and Tang Huan, know that Qinhe has the ability to fight blood and quickly increased his shareholding in Xiangjiang Electric Lights, and killed Liu Luanxiong’s sniper plan, but Qinhe did not choose to do that. , And even added to the flames, now that he really let himself walk on the tightrope, as long as he is not paying attention, he will fall into a coma. UU Reading www.uukanshu.com⑧±妙(.*)pen ⑧±阁⑧±, o

As for Liu Luanxiong's use of this loophole, it once again stirred up waves in the capital circles of Xiangjiang. After all, there is more than one piece of "fat" similar to the state of Xiangjiang Electric Lights, and many big bosses are beginning to worry about their wealth.

You know, since the 1970s, the United States has set an example of a large-scale hostile takeover, and Hong Kong, which is in line with international standards, will naturally not lag behind. After entering the 1980s, the wave of hostile takeovers worldwide has become even more intense. Faced with the unscrupulous methods of many "demolition experts" such as Liu Luanxiong, everyone with vested interests will inevitably endanger themselves.

It is not difficult to imagine that the great debate initiated by Ma Shimin has attracted the participation of many stakeholders, and the acquisition of Xiangjiang Electric Lamps is also in full bloom, from the handover of the capital field to the intrigue of the board of directors and the general meeting of shareholders, and then spread to finance and economics. There are different opinions in the world, and the situation is becoming more and more complicated and elusive.

Although Tang Huan did not roll up his sleeves and went off in person, but watched the game gracefully in the stands, he has always been the center of media attention, and reporters will naturally come to ask him for his views.

In fact, regardless of the fact that the richest man seems to be leaning on the red and green space to be happy and happy, the paparazzi headed by Huang Yulang’s "Tian Tian Daily" always stare at him and change to which female celebrity, but the task in the mainland It's not easy.

Now this year, it's the eyeball era where advertising is popular. Don't do a good job of publicity. In the process of the acquisition war, shareholders may not sell you the stock; in the rights issue, investors may not really pay for your account.

And Tang Huan staying in Xiangjiang was a golden sign. He was chased by reporters every day, and he didn't know how much propaganda and power he saved for his subordinates.