Reborn as a tycoon in Hong Kong
Chapter 839 Evidence obtained (two in one)
Night, Repulse Bay Villa.
In the study, Lin Baicheng was looking at the information given to him by Qin Lan and Chen Zhixiong.
These are relevant information about the financial fraud of the Jianing Group. Lu Zhixuan, the accountant of the Jianing Group, can be said to be deeply involved in it and is an accomplice of Chen Songqing, so he has such detailed evidence in hand.
"Huh?"
As he watched, Lin Baicheng saw the false information about the Golden Gate Tower.
The Golden Gate Building was purchased by the Carnegie Group from Hutchison Whampoa in August 1980. At that time, it cost HK$1.03 billion. The Carnegie Group used HK$600 million in cash and some company shares.
At the end of December 1980, Jianing Group sold the Golden Gate Building for HK$1.65 billion. The buyer was a company that had no reputation before.
This transfer has made the Jiani Group a profit of HK$620 million on the surface. If the cash on hand is included, the profit is as high as HK$1.05 billion.
Anyway, no matter how you calculate it, the purchase and sale of Kinmen Tower made Jianing Group a huge profit. It earned at least 620 million Hong Kong dollars in less than a year and a half.
This is 620 million Hong Kong dollars. The number of companies in Xiangjiang that can make so much money in a year can be counted on two hands. There are not many companies that can do it.
It is precisely because of this transfer that the share price of Jiani Group soared, exceeding the market value of 2 billion Hong Kong dollars, and continued to rise, so that when Hutchison Whampoa sold its shares, the market value was nearly 3 billion Hong Kong dollars.
However, the information Lin Baicheng saw now recorded the true situation of the Golden Gate Tower transaction.
The company that purchased the Golden Gate Tower was actually a subsidiary company jointly established by two subsidiaries under the name of the Carnegie Group. This is equivalent to saying that the Golden Gate Mansion was sold to itself by the Carnegie Group, and there was no real deal.
It seems that the Jianing Group has not made a penny, and there will be related taxes on the transfer. The Jianing Group will lose at least tens of millions of Hong Kong dollars. Chen Songqing is doing something stupid.
But of course that is not the case. Since Chen Songqing did this, he would definitely not suffer.
First of all, Chen Songqing, the company that bought the Kinmen Building, mortgaged the Kinmen Building to a company called Yumin Finance. The transaction price was HK$1.65 billion, and he was forced to get a loan of HK$1.65 billion without any discount.
The 1.65 billion Hong Kong dollars obtained from the loan were paid by Chen Songqing to Jiani Group. In this case, the transaction would be considered a success.
Up to now, it seems that Jianing Group has made nothing. It has even paid the transfer tax and the high interest on the loan of 1.65 billion Hong Kong dollars later. It has lost more than one or two points.
However, the successful transfer of the Golden Gate Tower allowed the Carnegie Group to make a huge profit of at least HK$620 million. The company's stock price continued to rise, about 70% higher than before the transfer. This alone made the Carnegie Group a huge profit.
Furthermore, the Jiani Group received 1.65 billion Hong Kong dollars in cash. Although some of it was used to pay taxes, the cash of more than one billion Hong Kong dollars made the Jiani Group rich and powerful, allowing the Jiani Group to expand aggressively.
Therefore, as long as Jianing Group can make profits from subsequent investments and make up for the transfer tax and interest holes, then this transfer will be successful.
"Chen Songqing is so courageous and capable."
Of course, there is more than one transaction like this in the Golden Gate Tower in the Jianing Group. There have been many similar transactions before, but they are not as high as the 1.65 billion Hong Kong dollar transaction volume of the Golden Gate Tower.
It is true that Lin Baicheng said that Chen Songqing is capable. He was able to use the Golden Gate Tower to obtain a full loan of 1.65 billion Hong Kong dollars, and received the loan funds in just one month, which shows how powerful Chen Songqing is. Although Lin Baicheng knew that Chen Songqing must have used bribery to bribe the person in charge of the loan of Yumin Finance Company, being able to bribe him was also a skill.
Lin Baicheng went through all the financial fraud information of Jia Ning Group, and he found that Jian Ning Group also falsified its performance, and it was very misleading.
If it's just a simple financial fraud, forget it. After all, it's just a data fraud. The problem is that because the performance was so beautifully painted, in 1980 last year, the Carnegie Group paid 60 million Hong Kong dollars as shareholder dividends. This money divided by all shareholders.
The problem is that the profit of Jianing Group in 1980 was not more than 100 million Hong Kong dollars, or even less than 50 million Hong Kong dollars, but it distributed 60 million Hong Kong dollars in dividends. There will be holes in it.
Lin Baicheng believes that if he does not squeeze out the reputation of the Jiani Group now, under Chen Songqing's leadership, Jiani Group's performance in 2081 will definitely be higher, and this year's dividend will also be higher, and it will continue like this until one day Until this game can no longer be played.
"I'm keeping the original copy of this document. I'll make a copy for you to take back later."
After reading the information, Lin Baicheng said to the two standing people.
Qin Lan: "Yes, Mr. Lin."
Lin Baicheng asked: "What do you think we should do better about this matter? Expose it directly through the media?"
Qin Lan did not answer, but said: "Mr. Lin, your real purpose is to defeat Jianing Group and show your strength to the outside world, is that right?"
"good."
Lin Baicheng glanced at the two of them: "Although I am the richest man in Hong Kong now, I am young and have only made my fortune in the past few years. There must be many people in Hong Kong who look down on me, the so-called richest man."
Hearing this, Qin Lan said: "Mr. Lin, if this is the case, then we will not only expose the finances of Jia Ning Group through Asia Star Media Group, but you will also use the Hong Kong government's connections to let the Hong Kong government investigate Jia Ning as soon as possible. Ning Group, don’t give the British companies such as the Jianing Group and HSBC too much time to react.”
Chen Zhixiong added: "If it were only exposed by the media, Jianing Group would have time to delete the information or make amends. Even if Chen Songqing saw that the situation was not good, he might just flee Xiangjiang, which would be too easy for him."
"What you said is right, we really need both sides to take action together."
Lin Baicheng nodded in agreement and said: "I will leave it to you to arrange the media exposure. As for the Hong Kong government, I will personally contact the Hong Kong government. I will go to the Hong Kong government in person tomorrow morning."
Qin Lan asked: "Mr. Lin, as for the media exposure, should we wait until the Hong Kong government confirms the action before exposing it?"
"No, the media will expose it directly tomorrow morning."
Lin Baicheng said solemnly: "HSBC and several British capitals are now shareholders of the Guardian Group. If there is no media exposure of the financial fraud of the Guardian Group and the impact, I am worried that the Hong Kong government will not approve the investigation of the Guardian Group. Even if it will be investigated , and will not act immediately, which will give HSBC and British capital time to react."
Qin Lan nodded and said: "Mr. Lin, in order to have a greater impact, I would like to send a copy of the financial fraud information of Jianing Group to other newspapers in Xiangjiang. What do you think?"
"Can."
Lin Baicheng had no objection: "The most important thing is to make this matter have a greater impact. There is no need for Asia Star Media Group to report it exclusively."
"Yes, Mr. Lin."
After a while, Qin Lan and Chen Zhixiong left.
That night, the secretariat worked overtime and made dozens of copies of the evidence of Jiani Group’s financial fraud.
Then, under the arrangement of the Secretariat, newspapers under the Asia Star Media Group typed and published the financial fraud of Jia Ning Group.
At the same time, the other three major newspapers in Hong Kong, as well as the centrist newspapers and the left-wing newspapers, all received the materials copied by the Secretariat. The reason for excluding right-wing newspapers is simple: to prevent them from reporting to the masters behind them, and at the same time, it is also believed that they may not print reports.
The situation is different for neutral newspapers. Although it is possible to tip off the Jianing Group or British capital, firstly, they may not be able to contact those people at this time. Secondly, they are more likely to report. In order to achieve greater success, influence, it is more cost-effective to give them a copy of the materials.
…
Sing Tao Newspapers.
One of the four major newspapers in Hong Kong, it owns well-known newspapers such as "Sing Tao Daily", "Sing Tao Evening News" and "The English Standard".
The controlling shareholder of Sing Tao Newspaper is the founder Hu family. The current person in charge of this newspaper company is Hu Xian, a woman. She has taken over this newspaper company for nearly 30 years. It is a well-known newspaper company in Hong Kong. Queen.
Before Lin Baicheng made his fortune, there were only three major newspapers in Hong Kong, namely Sing Tao Daily, Oriental Daily and Ming Pao.
After Lin Baicheng made his fortune, the rising star "Star Daily" quickly surpassed its three predecessors and became the largest-selling newspaper among the four major newspapers.
In addition to "Ming Pao", the newspaper groups behind "Sing Tao Daily" and "Oriental Daily" own more than one newspaper. For example, the Sing Tao Press behind "Sing Tao Daily" has many well-known newspapers under its umbrella. , but the sales volume of other newspapers is not as high as that of "Sing Tao Daily".
But the problem is that the rise of Asia Star Media Group has also established a number of newspapers. Not counting TV stations, record companies, etc., it is also a comprehensive newspaper group.
As a result, it will naturally squeeze the market of other newspaper groups and have a business impact on Sing Tao Newspaper and Oriental Newspaper.
The Hu family is the largest shareholder of Sing Tao Newspaper, and Sing Tao Newspaper is the most important asset of the Hu family. Therefore, the business of the newspaper industry has been affected. Hu Xian has paid more attention to the newspaper industry in the past two years than before, for fear that one day Sing Tao Newspaper The industry suddenly declined.
When "Sing Tao Daily" received the financial fraud information of Jianing Group, Hu Xianjiu was woken up after many layers of reports because of the importance of the matter.
Hu Xian was not angry when she was woken up from her sleep, because she knew that her cousin would not come to wake her up if it was not a serious matter.
"Auntie, not long ago, the newspaper office received a piece of information about Jianing Group."
Hu Wenmei said: "It is evidence about the financial fraud of Jia Ning Group."
"Jianing Group?"
The Carnegie Group itself is well-known in Hong Kong, not to mention that a while ago, Hutchison Whampoa significantly reduced its shareholdings, HSBC and British capital bought it, and related news about Lin Baicheng's failure to suppress the Carnegie Group was flying everywhere. "Sing Tao Daily" reported Of course, it is impossible for Hu Xian not to know about Jianing Group.
"Xiaomei, you go downstairs to the living room and wait for me. I'll go down after washing up."
Hu Xian said something, washed himself up, regained his energy, and came downstairs.
"aunt."
"You said that the newspaper received evidence of financial fraud by Jianning Group. Did you bring the evidence?"
"Bring it here, aunt."
Hu Wenmei took out the information she brought, and Hu Xian took it and read it.
After a while.
Hu Xian put down the information in his hand: "This evidence does not look like fabrication. The possibility of it being real is very high, and this person is very likely to be one of the participants. Otherwise, the understanding of Jianing Group would not be so great." deep."
"Auntie, what should we do now?"
Hu Wenmei asked: "Should we expose it or contact Jianing Group?"
Needless to say about the exposure, if you contact Jianing Group, if Jianing Group does not want this evidence to be exposed by Sing Tao Newspaper, it will definitely spend money to eliminate the disaster, and Sing Tao Newspaper will naturally benefit.
"Contact Jianing Group?"
Hu Xian's heart was moved, and then he shook his head and said: "This information was sent to our newspaper by someone else. Let's not talk about whether other newspapers have received it. Even if we contact Jianing Group and don't expose it, as long as the people behind it are willing, You can completely send this evidence to other newspapers. At that time, if the other party mentions that they have sent evidence to us again, then our newspaper's reputation will be tarnished. Once the newspaper is deemed unfair by the outside world and loses its credibility, the distance between the newspaper and the newspaper will be Bankruptcy is not far away.”
Hu Wenmei heard this and said: "Aunt, then we expose it?"
"We just have to bring it to light."
Hu Xian nodded: "And we have to re-layout today's report as soon as possible to focus on the evidence of Jia Ning Group. In the evening newspaper, we will analyze who Chen Songqing and the interest groups behind him have embezzled Jia Ning Group. How many benefits does Jianing Group have, how many problems does Jianing Group itself have, etc. Anyway, the reports in the past few days have all revolved around Jianing Group."
"I understand, aunt."
Hu Wenmei nodded in agreement. After making sure that Hu Xian had no other instructions, she left the villa and prepared to give Hu Xian's instructions.
"Could this evidence from Jianing Group be produced by Lin Baicheng? If so, then this young richest man in Hong Kong would be a bit scary."
In the living room, Hu Xian secretly guessed in his heart.
Just a while ago, Lin Baicheng's attempt to suppress Chen Songqing and Jianing Group failed, and he almost became a laughing stock. But just a short time later, something like this happened to Jianing Group. If it has nothing to do with Lin Baicheng, then It was such a coincidence that Hu Xian didn't quite believe it.
And if it was Lin Baicheng who did it, then Lin Baicheng would be a bit scary. After all, if this stick is beaten, Chen Songqing and Jianing Group will not be able to get up.
It can even be said that it is not a matter of whether Chen Songqing and Jianing Group can get back on their feet, but that if they cannot survive this crisis, Chen Songqing himself will face prison, and Jianing Group will also go bankrupt.
It can be said that if you don't take action, it will be enough. If you take action, you will be killed in one blow.
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