We're building a super chaebol in Hong Kong

#351 - It’s time to close the net on Hong Kong Electric Group

The Wharf's matter in Su City has come to an end.

However, the stock market has not calmed down.

The next day, November 17th, was a Friday.

When the stock market opened, the stock speculation of Wharf by stockholders still did not calm down.

Even though the opening price had reached a terrifying 86.8 Hong Kong dollars per share, under the instigation of interested parties, it still rose for more than half an hour, and even once again broke through the 100 Hong Kong dollars per share mark.

Among them, the few major shareholders other than Su Cheng and Bao Chuan Wang were naturally the biggest drivers.

Taking advantage of the high price to sell some stocks was a certainty.

Anyone in this situation would do the same.

However, after they sold a huge amount of stocks in their hands, Wharf's stock price fell accordingly.

After all, even if the stocks of these shareholders were not many, they accounted for more than a dozen percentage points.

Therefore, Wharf's stock price quickly fell to around 50 Hong Kong dollars.

After that, everyone originally thought that Wharf's stock price would continue to fall.

Unexpectedly, Wharf's stock did not go down as everyone thought, but quickly stabilized.

Because there were always many people who believed that the stock that even Bao Chuan Wang and Su Cheng, the world's richest man, favored must be a very high-quality company.

Moreover, today's newspapers also had many articles that specifically studied Wharf.

Many of them found that Wharf's assets were actually very high. According to estimates, Wharf's asset value was at least worth more than 6 billion Hong Kong dollars.

In other words, the previous total market value of more than one or two billion Hong Kong dollars was really seriously underestimated.

Therefore, this also brought confidence to many stockholders.

They believed that holding Wharf's stock for a long time would bring considerable dividends.

It was precisely because many stockholders had such thoughts.

Holding nearly 30% of the stock was already enough.

Harvesting the leeks of Xiangjiang stockholders was no longer of interest to Su Cheng.

If he wanted to harvest, he would harvest the stockholders in regions such as Dongying, the beautiful country, and Europe, which would be both enjoyable and guilt-free.

And Su Cheng did not continue to stay at home today.

Now that he had exposed the fact that he was currently in Xiangjiang, Su Cheng no longer needed to stay at home.

Early in the morning, Su Cheng left the Su family villa on Barker Road, and his destination was the headquarters building of Tianyuan Investment Company in North Point.

The reason for coming here was that Su Cheng had received a message from Brother Wu.

This message was relatively important to Su Cheng, because he was prepared to start collecting the net for the Hong Kong Electric Group.

The secret acquisition of Hong Kong Electric Group had been going on for some time.

Now that Su Cheng had sufficient funds, he naturally planned to take down Hong Kong Electric Group as soon as possible.

The Rolls-Royce departed from the Su family villa on Barker Road, and in less than half an hour, Su Cheng arrived at the headquarters building of Tianyuan Investment Company.

Before coming, Su Cheng had already called Zhang Qizheng, so Zhang Qizheng was already waiting for Su Cheng in the office at this time.

"Good boss."

"Good morning, boss."

"Boss, you are so handsome today!"

……

Su Cheng passed through the lobby on the first floor, and the employees he met all greeted Su Cheng.

Now their boss was known as the world's richest man, and this was not just the words of one or two companies, but reported by media all over the world.

The world's richest man being their boss naturally gave them a sense of inexplicable pride.

Going out and chatting with others, when asked where they worked, answering that they were working for the world's richest man, what a proud thing this was!

In this regard, Su Cheng still did not put on a face for them, but smiled and replied to them one by one, giving them a very approachable feeling.

The newest and fastest novel is first published on Liu 9 Shu Ba!

He smoothly entered the elevator, and after coming out of the elevator, he was already at the door of Zhang Qizheng's office.

"Uncle Zhang, good morning, have you had breakfast yet?" Su Cheng asked with a smile.

"I have eaten, thank you for your concern, boss." Zhang Qizheng nodded and said.

"Let's get down to business. The reason I came to you today is related to the Hong Kong Electric Group. First, tell me, what is the current situation of the Hong Kong Electric Group?" After Su Cheng closed the office door, he sat down on the chair opposite Zhang Qizheng and said.

"Boss, after another period of operation, the Hong Kong Electric Group stock held by Tianyuan Investment Company has reached 27.85%. However, we are now also encountering difficulties. Because the Hong Kong Electric Group's revenue has been steadily increasing, many stockholders are reluctant to sell their shares. Now, the low-priced Hong Kong Electric Group stocks on the stock market are basically gone. If we acquire more, it will not be cost-effective, and if we acquire more, it will definitely alarm the senior management of Hong Kong Electric Group. They now also suspect that someone is targeting Hong Kong Electric Group's stock, so they have also sent people to the Xiangjiang Stock Exchange to investigate." Zhang Qizheng reported.

Hearing Zhang Qizheng's words, Su Cheng nodded. In just a few months, Tianyuan Investment Company was able to acquire 27.85% of Hong Kong Electric Group's stock on the stock market, which was beyond imagination.

Of course, this was also due to the outbreak of the oil crisis, which caused many stockholders to be afraid that the stock market would experience a bear market again. Therefore, timid stockholders sold their shares before the stock price fell sharply.

This naturally benefited Su Cheng. Since they chose to sell at a low price, he would naturally buy as much as possible.

"You have done a very good job. I have good news to tell you this time, and I also want you to be responsible for this matter," Su Cheng said.

"Please tell me, boss," Zhang Qizheng asked.

"I learned from Brother Wu that among the Hong Kong Electric Group, four Scottish foreigners are recently looking for channels to sell Hong Kong Electric Group stocks. However, the current stock market is not very good, so they want a high price, and basically no one wants it. The stocks in the hands of these four Scottish foreigners have reached 14.96%. If we take it down, we will be able to easily enter Hong Kong Electric Group," Su Cheng said with a smile.

Some British people do not have much confidence in the future of Xiangjiang, so Su Cheng can understand their selling stocks to cash out.

Su Cheng had not thought about the issue of privatizing Hong Kong Electric Group.

Because Hong Kong Electric Group is a public service enterprise, the Xiangjiang government will not allow Hong Kong Electric Group to be privatized.

However, becoming the controlling shareholder of Hong Kong Electric Group is still possible.

Therefore, he would buy as many stocks as possible. If he could exceed 50%, that would be the best. If he could not exceed it, exceeding 40% would also allow him to completely control Hong Kong Electric Group.

After all, Hong Kong Electric Group has never had a shareholder who controls too many shares. These four Hong Kong Electric shareholders who are seeking to sell their shares are already shareholders with a relatively large shareholding in the Hong Kong Electric Group's shareholders meeting.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like