In Hong Kong, we build a global business empire

Chapter 116 Cooling Down the Market
Lin Haoran, who had no worries about this incident, gradually became more cheerful.

The next morning, shortly after he got up, the servant prepared breakfast for him, along with several newspapers.

As expected, several well-known newspapers and magazines, including Oriental Daily, South China Morning Post and Hong Kong Securities News, published major news about Qingzhou Cement Company.

The focus of the report was on an interview with the Chairman of the Securities Regulatory Commission, Mr. Mai Si, who publicly stated that he had written to Qingzhou Cement Company, suggesting that Mr. Lin Haoran buy out the shares held by shareholders at the highest transaction price in the past six months in order to promote the company's privatization process.

This news is bound to attract close attention from the majority of investors.

The report detailed the stock price trend of Qingzhou Cement Company in the past six months. The highest price reached HK$6 per share, while the closing price yesterday afternoon was HK$3.86 per share. The sharp contrast in data allowed investors to see the opportunity to make money.

Obviously, the media are deliberately hyping up this matter in order to attract wider social attention and discussion.

Seeing this, Lin Haoran felt an inspiration and an ingenious plan quietly took shape in his mind.

Since you are so generous to help me drive up the share price of Qingzhou Yingni Company for free, then I naturally cannot let this "good intention" down, so don't blame me for taking this opportunity to make some money.

What is he lacking the most now? Funds!
At the same time, we also took this opportunity to completely stop everyone from wanting to speculate on Qingzhou Yingni’s stocks.

At nine o'clock in the morning, Lin Haoran hurried to Huanyu Investment Company.

"Guys, it's time to get started!" Before the market opened, Lin Haoran called a small meeting with Su Zhixue and others.

The content of the meeting is very simple. Today's Qingzhou Yingni stock will definitely rise sharply. When it rises to a certain level, sell the stock!
At this time, the share price of Qingzhou Yingni was less than four yuan per share, so many investors naturally had some concerns.

However, there are actually not many stocks of Qingzhou Yingni on the second-hand market today.

Lin Haoran and Wan'an Group hold 68.4% of the shares, while the other eight shareholders own 8% of the shares. In other words, the shareholders on the board of directors hold 24.1% of the shares.

The remaining shares are scattered among the general public, accounting for only 7.5% of the company's total share capital. If the company's total share capital is 5000 million shares, the total number of shares held by these retail investors is only 375 million shares.

As the mainstream media in Hong Kong, the influence of these newspapers cannot be underestimated. Therefore, the news about the upcoming privatization of Qingzhou Cement Company quickly spread throughout Hong Kong, triggering widespread discussion in the market.

Many investors keenly realized that if they could purchase Qingzhou Yingni shares at a price lower than market expectations, the profit margin would be considerable when Lin Haoran acquired the shares at HK$6 per share.

As the market enthusiasm was ignited, after the market opened, the sell orders originally placed by Qingzhou Yingni Company were quickly swept away.

Driven by buying, the stock price continued to rise until it gradually stabilized when the price per share approached HK$5.

However, despite the significant increase in share prices, actual trading volume was relatively limited, mainly because most of the orders that were executed came from retail investors who failed to withdraw their orders in time.

Ten minutes after the market opened, the trading volume of such a highly anticipated stock was only more than 200,000 shares. This phenomenon surprised and anxious many market makers and ordinary investors.

Many market makers and ordinary investors are getting anxious. Why are there so few sell orders and the attention is so high? It would be a shame not to take action.

At this time, Lin Haoran's Huanyu team began to enter.

They began to continuously place sell orders for Ching Chau Cement shares in the market, with each unit price at HK$5. For shareholders, if the share price could eventually be sold at HK$6 per share, it would mean a 20% profit, which means a considerable profit margin for short-term operations.

The market response was extremely enthusiastic, and almost every time the Huanyu team placed an order, it would be sold out immediately.

The reason behind this was not only because of the wide dissemination of the information in several mainstream newspapers, which quickly covered the entire Hong Kong, but also because of word of mouth among stock investors, which made the news almost omnipresent and deeply rooted in people's hearts.

In addition, some novice bookmakers with a lot of money also smelled the "business opportunity" and joined the feast in an attempt to get a piece of the pie.

Due to the superposition of multiple factors, trading volume has risen sharply and the market atmosphere has become unprecedentedly active.

During the entire morning trading hours, the Huanyu team successfully sold as many as 1186 million shares of Qingzhou Yingni.

After deducting relevant handling fees, the actual amount of funds received by the team was still as high as HK$5900 million.

As for Lin Haoran personally, he originally held approximately 3420 million shares of Qingzhou Yingni through Wan'an Group.

After this operation, he quickly sold 1186 million shares, reducing the remaining shares in his hands to 2234 million shares, but he still firmly holds approximately 44.68% of the company's equity and still maintains control over Qingzhou Yingni Company. Such a shareholding ratio is enough to make him not afraid of any external forces coveting Qingzhou Yingni Company.

Lin Haoran certainly did not give up on the privatization of Qingzhou Yingni Company, and he planned to take this opportunity to completely privatize Qingzhou Yingni Company. However, before privatization, being able to trick those who wanted to make money from him would at least make him feel good.

The reason why Lin Haoran had such an idea was due to those reports in the newspaper.

He keenly captured the subtle emotions and trends in the market, so he decided to do the opposite, taking advantage of the market's greed and fear and turning those "smart people" who tried to manipulate the situation into pawns in his own chess game.

The prices of stocks that Lin Hao acquired in the early stage were not high, especially the price of the last acquisition, the average price was more than three Hong Kong dollars per share. In that one transaction, he directly controlled nearly seven million shares.

The unit price for purchasing from Li Jiacheng was higher because they had no choice but to stop Li Jiacheng from coveting Qingzhou Yingni Company.

Therefore, he not only did not lose money in this operation, but made a small profit.

In a high-rise building near Tsim Sha Tsui, five British shareholders gathered together at this time. After seeing the news reports and the reaction of the stock price, these shareholders were very excited. Their plan was successful. Lin Haoran was going to privatize Qingzhou Cement Company. This meant that not only could they sell their own shares, but the share price would also be at least HK$6.

"Haha, it seems our strategy worked!" A shareholder slapped the table and laughed, "In this case, Lin Haoran will definitely have to hold a board meeting and ask us to buy Qingzhou Yingni's shares. At that time, everyone must stick to the bottom line and never compromise on the share price. It must be at least HK$6 per share, otherwise we will never sell!"

"That's right, we must not give up on the price!" Another shareholder took over the conversation, his eyes gleaming with satisfaction, "HKD 6 per share, I am quite satisfied with this price. We have to let Lin Haoran know that our stocks are not so easy to acquire."

As the words fell, bursts of cheerful laughter broke out at the scene.

This laughter not only contains the joy of the upcoming benefits, but also reveals their confidence and control over the future situation.

……

Wanan Group Building, Huanyu Investment Company Office.

"Boss, should we continue selling stocks this afternoon?" Su Zhixue asked after reporting the morning's situation.

"Stop trading for now. I have other plans. If I need to continue, I will call you." Lin Haoran said with a smile.

It is enough to hold the current shares for the time being. If you sell them again, I am afraid that some people will target Qingzhou Yingni Company.

At the same time, he called Burton of Qingzhou Cement Company and asked him to hold a press conference in an hour.

Nowadays, the news topic of Qingzhou Yingni Company is very hot, and many reporters have long hoped to interview Lin Haoran. Unfortunately, these reporters cannot find Lin Haoran whether they go to Qingzhou Yingni Company or Wan'an Group.

Hearing that Lin Haoran was going to hold a press conference, everyone was naturally excited. In less than an hour, dozens of reporters had gathered in the Qingzhou Building of Qingzhou Yingni Company.

At 1:10 p.m., Lin Haoran sat on the podium, looking at the reporters below with some emotion.

The last time he held a press conference was when he became the chairman of Qingzhou Yingni Company. There were more reporters at that time.

However, it is not bad now, and because the company did not invite too many reporters, many reporters came here on their own initiative.

"In the past two days, the matter of Qingzhou Yingni Company has caused a lot of controversy. As the chairman of Qingzhou Yingni Company, I don't want to have too much exposure, but everyone is very curious about this matter, so I will make an explanation here.

Yes, we did receive a letter from the CSRC yesterday. Because the shares I control or indirectly control exceed the trigger point of 50%, the CSRC requires me to make a comprehensive acquisition of Qingzhou Yingni Company, thereby delisting and privatizing Qingzhou Yingni Company.

Unfortunately, due to my personal lack of funds, I knew I simply did not have the money to continue purchasing Qingzhou Yingni’s shares, so I specially visited Mr. Mai Si, the chairman of the China Securities Regulatory Commission, to ask for advice.

Mr. Max told me that if he wanted to avoid privatizing Qingzhou Cement, he could only reduce his stake.

After returning from Mr. Max, I made a reluctant decision to reduce my stake to below 50%, thus removing myself from the trigger point of privatization.

This morning, we successfully sold part of our shares. I only realized now that everyone is so enthusiastic about the stock of Qingzhou Yingni Company. What does this show? It shows that everyone is very satisfied with me taking the helm of Qingzhou Yingni Company. I am very proud of this, but also under great pressure.

I am very grateful to the many shareholders for helping us successfully lower our share price. From today's trading situation, we can also see that everyone is full of confidence in the future of Qingzhou Yingni Company, which shows that I, as the chairman, have been very successful.

In this case, I think Qingzhou Yingni Company should not be delisted, so I decided to continue to maintain the company's listing status. In the future, I will use the company's profits for various investments to create greater value for shareholders. Please trust my vision. I believe that the future of Qingzhou Yingni Company will definitely not disappoint you. That's all I want to say today. Goodbye."

After Lin Haoran finished speaking, he hurriedly left the scene without giving them any time to ask questions.

(End of this chapter)