In Hong Kong, we build a global business empire

Chapter 15 The results of the investigation were unexpected
As a professional, Su Zhixue naturally knows how to obtain stock information.

Soon, he was busy in the office by making phone calls.

Lin Haoran was not in a hurry, but picked up a newspaper and started reading.

He bought this newspaper at a roadside newsstand when he came back. It was the Hong Kong Economic Daily.

As expected, there was news about Hutchison Whampoa in the newspaper.

As expected, after the charter king announced to the outside world that he had no intention of purchasing more Wharf Holdings shares, Wharf Holdings' stock price immediately dropped from its highest level of HK$49, and trading volume also dropped significantly.

In fact, the shares of Charter King were purchased from Li Ka-shing. He had never bought shares of Hutchison Whampoa on the stock market, so these investors naturally believed it to be true.

So, when there are no more bargains to be picked up and the speculators are gone, the stock price will naturally plummet.

According to this article, the closing price of Hutchison Whampoa yesterday had dropped to HK$38 per share, a very large drop, but the trading volume was not large.

In the current stock market, sell orders have increased significantly, many of which come from retail investors who hastily placed orders due to delayed information acquisition or misunderstanding of market signals. They often become "leeks" in market fluctuations.

Although ordinary investors tend to buy when prices rise due to their desire for profits, they often ignore the complexity and risks behind the market.

This behavior pattern causes them to take over at market highs, and when the market trend changes, they can hardly escape the fate of being "harvested" by market makers or market forces.

Lin Haoran looked at the stock price and frowned.

HK$38 per share is far from the lowest price.

However, the loan funds of 50 million Hong Kong dollars have not arrived yet, so Hutchison Whampoa is not in a hurry to enter the market.

Since traveling through time, he was pleasantly surprised to find that he not only had a golden finger that could see through loyalty, but his memory had also been miraculously enhanced, giving him the extraordinary ability to remember everything he saw.

All the articles he had read and the materials he had looked through in his previous life now appeared clearly in his mind, as if he had just experienced them yesterday.

In his previous life, he had paid attention to articles related to famous companies such as Hutchison Whampoa.

This is also the reason why he came up with a plan after seeing the news about Hutchison Whampoa.

As far as I can remember, shortly after Wharf Holdings announced the news, its share price fell sharply, reaching a low of HK$21 per share.

Therefore, the stock price of Hutchison Whampoa has not yet reached its bottom.

His current strategy for the Wharf Holdings stock is to remain calm and observe, focusing mainly on the changes in its stock price.

He understood that in the stock market, timing is often more important than selection.

Therefore, he is not in a hurry to take immediate action, but patiently waits for the stock price to fall to what he believes to be a reasonable or undervalued level.

If you want to get the most out of this investment, you must control the cost when buying, that is, lower the average purchase price as much as possible.

To this end, he plans to gradually build up positions when market sentiment is pessimistic and stock prices are under pressure, and use market fluctuations to reduce his holding costs.

Putting down the newspaper, Lin Haoran sat in a chair waiting for Su Zhixue's investigation results.

After waiting for a few more minutes, Su Zhixue finally put down the receiver.

There was also a lot of text data written on the notebook in front of him.

"Boss Lin, I have found the information you need." Su Zhixue looked up and said to Lin Haoran. "Well, you report, I'm listening." Lin Haoran nodded.

"First is Wharf Holdings. Wharf Holdings' stock has been volatile recently. It previously reached a high of HK$49 per share, but is now falling. Yesterday's closing price was HK$38.56 per share, a 23% drop from the previous day. After the market opened today, Wharf Holdings' stock price fell rapidly again. The news I just received is that the latest transaction price is HK$34.23 per share, and the stock trading volume is not very high.

Regarding Ching Chau Cement, this is a stock I have been following for a long time, so I am relatively familiar with it. This is a stock with a relatively stable stock price performance over a long period of time. The current actual controlling shareholder is a British person, and the major shareholder holds 12.6% of the shares. Judging from the current stock price, the company's total market value is approximately HK$2.38 million, which is not a significant increase compared to the stock price in the same period last year.

However, I have previously found some information showing that Green Island Cement not only has a strong business foundation, but also holds 80 square feet of seafront land in Hung Hom, Kowloon. According to current land prices, this land is worth at least HK$5 million, not including the valuation of their complete industrial chain. It can be said that Green Island Cement's stock price is seriously low.

There is a significant gap between Qingzhou Cement's share price and its actual value, which may be due to the market's insufficient understanding of the company, investors' conservative estimates of its future development prospects, or other market factors.

At present, there are many orders for Qingzhou Yingni in the stock market, but the prices are relatively stable, and the price has not collapsed due to the large number of orders.

The latest transaction price just now is 4.76 Hong Kong dollars per share of Qingzhou Cement..."

Su Zhixue reported to Lin Haoran in detail the information he knew and investigated.

The market value is more than 200 million Hong Kong dollars?
This was a bit beyond Lin Haoran's expectations. He thought that Qingzhou Yingni was just a cement factory and a market value of 100 million should be good. He didn't expect it to be more than 200 million Hong Kong dollars.

In the past, the story of Li Jiacheng's acquisition of Qingzhou Yingni was only mentioned briefly in the relevant materials, without being elaborated in depth, and there was no detailed record of the acquisition process and details.

On the contrary, the M&A history of companies with huge market capitalization and far-reaching influence, such as Wharf Holdings, Hutchison Whampoa and Hong Kong Electric Group, is recorded in detail and the process is clearly visible.

This is understandable. After all, compared with industry giants such as Wharf Holdings and Hutchison Whampoa, Ching Chau Cement is indeed far behind in terms of scale and influence.

However, when you think about the fact that Ching Chau Land owns such a large piece of land in the city center of Hung Hom, more than 200 million Hong Kong dollars is really a very low price.

No wonder Li Jiacheng later set his sights on this company.

Today's British companies are indeed worthy of mergers and acquisitions.

Just like the Wharf Holdings that is currently making a lot of noise in the stock market, if calculated based on actual valuation, its market value would reach HK$40 to 50 billion, making it a truly giant enterprise.

From the end of last year to the beginning of this year, Wharf Holdings' stock price hovered between HK$13 and HK$14 per share. The company had a total of about 1 million shares, and its stock market value fluctuated within a range of only around HK$14 billion.

Therefore, this phenomenon where the market value of the stock market is far from its actual value and is seriously undervalued is quite common in Hong Kong, especially in companies controlled by British consortiums.

This is why British companies are constantly targeted by Chinese financial groups and are constantly being eroded and acquired.

"Go to the stock exchange and get me a copy of Qingzhou Yingni's stock transaction records for the past six months. I'll wait for you here." Lin Haoran did not rush Su Zhixue to take action, but continued to give instructions.

"Okay, Mr. Lin, I'll be there right away. Please wait a moment." After Su Zhixue agreed, he quickly went out.

About ten minutes later, Su Zhixue came back.

In his hand, he held several A4 papers stapled together, which were covered with data.

"Mr. Lin, this is the daily trading data of Qingzhou Yingni in the past six months. I got it through someone I know in the Hong Kong Stock Exchange." Su Zhixue handed the A4 paper to Lin Haoran.

Please collect, read and recommend.

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(End of this chapter)