We're building a super chaebol in Hong Kong

Chapter 407: Another 950 Million in Hand

Since Zhang Qizheng had gone to the Hong Kong Stock Exchange, Su Cheng naturally didn't stay at the Tianyuan Building.

Returning to the underground garage, Su Cheng instructed the driver to go to the headquarters of Hong Kong Electric Group, intending to wait for news there.

Arriving at the Hong Kong Electric Group Building, Su Cheng found Ma Shiming dealing with work matters.

"How do you feel? Are you adapting to the current job?" Su Cheng asked with a smile.

"I feel very good, no problem at all!" Ma Shiming said confidently.

After Su Cheng sat on the sofa, he asked, "Where is Mr. Wei Li?"

"Mr. Wei Li should be at Hutchison Whampoa Group right now; he has some matters to handle there," Ma Shiming replied.

Su Cheng nodded. Wei Li's primary position was, after all, the president of Hutchison Whampoa; his work at Hong Kong Electric Group was just a temporary side job.

"You continue with your work; don't mind me." Su Cheng started making tea by himself, leisurely preparing to drink tea here while waiting for Zhang Qizheng's results.

These 10% of the shares could only be sold today at most; if they weren't sold out, tomorrow's price wouldn't be high.

Because the agreement Su Cheng reached with Lawrence Kadoorie couldn't be kept secret for long.

At most, it would be spread out tonight.

And by tomorrow, China Light and Power would hold a press conference, where Su Cheng would need to personally explain that he would no longer continue to acquire China Light and Power.

It depended on whether the market makers and retail investors were supportive.

"Okay, boss, I'll get back to work then," Ma Shiming nodded and left the office.

He had only been working at Hong Kong Electric Group for a short time, so his main task now was to familiarize himself with his work and learn the experience of managing a large enterprise from Wei Li.

At the same time, after Zhang Qizheng left the Tianyuan Building, he went straight to the Hong Kong Stock Exchange.

After arriving at the stock exchange, Zhang Qizheng immediately understood the current situation of China Light and Power's stock, then formulated a plan based on the actual situation, and arranged tasks for the on-site traders.

Over the years, the traders of Tianyuan Company had used multiple accounts to operate in order to absorb China Light and Power's stock, so it was not easy for people to discover the situation.

Now, operating the sale through multiple accounts would also make it difficult for people in the stock market to notice; at most, they would think that small shareholders were selling because the stock had risen sharply.

At one o'clock in the afternoon, as the bell of the Hong Kong Stock Exchange rang again, the lunch break officially ended, and the afternoon trading officially began.

The stock trading of China Light and Power was still very frequent, but many of them were manipulated by market makers, the purpose of which was naturally to earn more funds in the stock market.

Taking advantage of the frequent stock market transactions, the accounts controlled by Tianyuan Company began to trade frequently.

Everyone found that today's afternoon trading was even more frequent than in the morning.

However, this did not arouse everyone's vigilance; on the contrary, they became more and more excited.

More frequent transactions meant that more people were participating, right?

Half an hour later, the trader successfully sold 2.3% of China Light and Power's stock.

An hour later, another 1.9% of China Light and Power's stock was sold.

Two hours later, another 3.1% of China Light and Power's stock was sold again.

By 3:55 in the afternoon, the traders had managed to sell a total of 9.38% of China Light and Power's stock.

At this time, there were only five minutes left before the end of today's stock market trading.

In the later stages, a small number of smart people finally realized that something seemed wrong and secretly followed suit, starting to sell the stocks in their hands.

Zhang Qizheng looked at the stock market situation. The current stock price of China Light and Power had fallen by about 30% compared to when the market opened at one o'clock.

"Smash it directly! Put all the remaining stocks in and eat up all the high-priced buy orders above!" Zhang Qizheng ordered directly.

When Su Cheng told him that he had traded 10.7% of the stock to the Kadoorie family, Zhang Qizheng knew that this surge in China Light and Power couldn't last long.

Therefore, the best opportunity was to clear the remaining China Light and Power stock for the boss during today's stock market trading hours.

Now, there were only 5 minutes left; if they didn't sell decisively, it might be too late.

The traders were very fast. Before everyone could react, they successively began to dump the stocks in their hands into the stock market.

With the completion of each transaction, the stock price of China Light and Power was also constantly falling.

When the last transaction was successful, the stock price of China Light and Power had returned to about 1.3 times its previous normal stock price.

Even so, Tianyuan Investment Company's last transaction was still profitable!

With the completion of the transaction, all the traders in the box couldn't help but applaud.

It was another victory.

It must be known that when absorbing the stock before, they were all personally trading, and they knew the price clearly.

Now, the selling price was simply too much higher than the purchase price.

The boss was still awesome.

At this time, they had to admire Su Cheng's strength.

These traders have signed very strict confidentiality agreements with Tianyuan Investment Company. If anyone reveals the matter, as long as it can be found out, then he can be sued until he is ruined.

Therefore, no one will say these things, because there is no benefit.

Even if there are benefits, it is not worth being sued until one is ruined.

"Brothers, thank you for your hard work today. I will go back to the company to find the boss first. After six o'clock, let's meet at the Xiyuelai Restaurant. I will represent the company to treat everyone to a big meal!" Zhang Qizheng said with a smile.

"Long live Director Zhang!"

"Long live the boss!"

The traders shouted happily.

They would all have the commission they deserved, so the big meal was also an extra benefit.

"Then I'll go first." After Zhang Qizheng said goodbye to the traders, he went directly to the headquarters of Hong Kong Electric Group.

Ten minutes later, Zhang Qizheng successfully found Su Cheng, who was looking at the financial statements.

"Uncle Zhang, how did things go?" Seeing Zhang Qizheng, Su Cheng put down the financial statements in his hand and asked with a smile.

"All 10% of China Light and Power's stock has been cleared. It went very smoothly. This is the transaction data I recorded." Zhang Qizheng handed a document to Su Cheng and said.

Su Cheng nodded, took the data, and began to look at it.

952 million Hong Kong dollars!

Su Cheng was surprised to find that the final total transaction funds actually reached a terrifying 952 million Hong Kong dollars, which was 152 million Hong Kong dollars more than the funds obtained from selling 10.7% of the stock to the Kadoorie family.

However, it could be seen from the data that, because of everyone's speculation, the stock price on the stock market itself was much higher than the transaction price between Su Cheng and the Kadoorie family.

If it hadn't been for the continuous decline in the later period, which dragged down the transaction data, the transaction funds this time might have exceeded 1 billion Hong Kong dollars!

"This time, you did a very good job," Su Cheng praised.

"The stock price was speculated by others; otherwise, we wouldn't have been able to get this data," Zhang Qizheng shook his head and said, without taking credit for it.

The funds traded with the Kadoorie family were 800 million Hong Kong dollars, and now another 952 million Hong Kong dollars have been obtained, which means that this time, with 20.7% of China Light and Power's stock, Su Cheng ultimately obtained 1.752 billion Hong Kong dollars!