In Hong Kong, we build a global business empire

Chapter 206: Money is spent so quickly!
After He Zhenxing obtained the news that Jardine Matheson was preparing to secretly sell shares through the stock market, Lin Haoran soon received a report from He Zhenxing at home.

"Jardine Matheson is going to sell its shares through the stock market?" Lin Haoran was a little surprised. He didn't expect that they were planning to go this way.

Lin Haoran already knew the content of the high-level meeting held by Jardine Matheson.

This road is not an easy one. After all, the trading volume of China Gas Company has dropped significantly. It is not easy to sell out the 40.7% shares they hold.

Regardless of whether He Zhenxing spent 10 Hong Kong dollars for this news, Lin Haoran did not think it was expensive. Instead, he felt it was quite cost-effective.

Intelligence, after all, is something that costs money. How can you get any intelligence if you are not willing to spend money?
But he did not expect that He Zhenxing had such ability to develop a senior executive of Jardine Matheson into an informant, which was already very worthwhile.

I can't help but sigh that the general manager of Oriental Newspaper Company is really a good intelligence expert.

Although he is just an ordinary senior executive, it is enough to obtain a lot of useful information.

In fact, ever since Niu Bijian approached him to discuss the acquisition of shares of Jardine Matheson and Hong Kong Holdings, Lin Haoran had considered this question: should he acquire China Gas Company?
China Gas Company is very different from other companies. As long as it develops in an honest way and does not make any investments, this company will be able to generate huge profits continuously.

As for other listed companies, why do the founders want to list them?
It is nothing more than for financing, to expand the market size, for shareholders to cash out, to reduce the risks of entrepreneurship, etc.

However, China Gas Company does not need all this for a simple reason: it does not have any risk of loss. It has completely monopolized the Hong Kong market and can provide stable and good returns every month!

These are things that many other listed companies cannot do.

Therefore, if China Gas Company is privatized, it will bring more benefits than disadvantages to Lin Haoran.

However, Niu Bijian proposed that he acquire the company at a total market value of HK$8 million, which he naturally would not agree to.

Now, after receiving this information from Jardine Matheson, Lin Haoran began to think about this issue again.

Should we privatize it?
If it is not privatized, Jardine Matheson will choose to return all shares to individual shareholders through the secondary market, which is a good thing for Lin Haoran.

Because a large number of shares are concentrated in the hands of Jardine Matheson and Hong Kong Land Group, although there is not much threat to Lin Haoran's controlling rights, they can interfere with the management of the company.

After all, as it holds 40.7% of the shares, it naturally has the right to participate in corporate management.

But if they return all the shares to ordinary shareholders and the equity is diluted, naturally no one will be able to interfere with Lin Haoran's controlling rights.

From this perspective, he supports Jardine Matheson's decision to go down this path.

However, if Lin Haoran wanted to privatize China Gas Company, the best way would be to let Jardine Matheson and Swire Properties sell their shares directly to him.

At present, what is known is that he indirectly holds 49.9% of the shares, Jardine Matheson holds 40.7% of the shares, and Li Ming holds 2.9% of the shares. Adding them together, it reaches a terrifying 93.5%.

With these shares, he was able to successfully privatize China Gas Company. As for the 6.5% in the hands of shareholders, this amount of shares would be much easier to handle.

However, he was unwilling to purchase the shares held by Jardine Matheson and Hong Kong Land Development at a market value of HK$8 million.

Lin Haoran has learned from He Zhenxing that Jardine Matheson has no intention of continuing to hold shares in China Gas Company, but instead wants to find a way to dispose of these shares as soon as possible to recover funds as soon as possible.

This is the best news for Lin Haoran.

Since Jardine Matheson, the second largest shareholder, had no intention of continuing to hold shares, no one would be able to interfere in the management of China Gas Company, which meant that the company could allow him to do whatever he wanted.

Lin Haoran, who has not yet decided whether to privatize China Gas Company, has put this matter aside for the time being.

In the blink of an eye, a whole night passed.

In the morning, after Lin Haoran got up, the servant had already prepared today's newspaper for him.

More than a dozen of the best-selling newspapers, including Oriental Daily, South China Morning Post, Hong Kong Commercial Daily, and Hong Kong Economic Journal, are all available.

Lin Haoran was eating soy milk and drinking fried dough sticks while reading the newspaper.

Yesterday morning, the incident at the China Gas Company was announced by two television stations and Hong Kong Broadcasting Corporation. However, the two television stations and Hong Kong Broadcasting Corporation were not actually aware of the specific details at the press conference.

At that time, only four newspapers and media witnessed the entire incident.

However, four newspapers this morning disclosed the details of the press conference in multiple reports.

Lin Haoran couldn't help but laugh as he read these reports.

This time, Niu Bijian was really humiliated again.

He repeatedly announced in a high-profile manner that he had taken control of the China Gas Company, but ultimately ended up with nothing.

Jardine Matheson and Niu Bijian will undoubtedly continue to be the laughing stock of people today.

Just as Lin Haoran expected, the citizens responded enthusiastically to this matter.

Originally, after the TV broadcast yesterday, everyone already had a rough idea that it was Lin Haoran who successfully took over China Gas Company in the end, but the process was completely unclear.

But this morning, everyone was surprised to find that there were so many twists and turns hidden in it.

The repeated setbacks in Niu Bijian made everyone feel very happy.

Next, in the morning and at noon, in addition to visiting the Hong Kong Electric Group, Lin Haoran also visited the former Federal Building, now the New Wan'an Building.

This building, formerly the tallest building in Hong Kong, has resumed renovation of the top few floors since February 2, the third day of the Chinese New Year. The progress is quite good and it will basically be completed by mid-March.

By then, Wan'an Group and Huanyu Investment Company will be able to move here.

After inspection, Lin Haoran arrived at Huanyu Investment Company one hour before the stock market closed.

"Boss, we noticed that someone is actively buying shares of China Gas Company, but the number of sell orders is getting smaller and smaller. Today, the share price of China Gas Company has risen sharply, and the increase has been quite rapid." Su Zhixue reported to Lin Haoran.

Although they currently have no need to buy any more shares of China Gas, Su Zhixue still keeps an eye on it.

Unexpectedly, this attention led him to discover the anomalies in the stock trading of China Gas Company.

"Huh?" Lin Haoran was also very surprised after hearing this. Didn't he hear that Jardine Matheson was planning to let Jardine Securities sell its stocks?

"I received a message saying that Jardine Matheson has decided to let Jardine Securities sell these shares. Could it be that they are buying them? But why are they doing this?" Lin Haoran asked puzzledly.

"Boss, this is not difficult to understand. They raise the stock price and increase the trading volume to attract investors who are unaware of the truth. Now that the stock market is looking good, there will definitely be many investors who will take the bait.

In this way, they can sell their stocks at a higher price. In the process, they can also continue to buy low and sell high, activating the stock market trading of China Gas Company, so as to recover funds faster. These are the common trading practices of the bankers to cut leeks. "

After hearing what Lin Haoran said, Su Zhixue immediately figured out the reason and explained.

Although Lin Haoran participated in the stock acquisition process of Qingzhou Yingni in the beginning, their operations were very low-key at the time in order to prevent the stock price from rising rapidly.

This kind of manipulation of a stock to increase trading volume and also raise the stock price has naturally never happened before, so he did not think about this situation for a while.

But Su Zhixue is different. He is quite skilled in these operations and naturally knows the reasons very well.

"So that's how it is." Lin Haoran understood immediately after hearing Su Zhixue's explanation.

Apparently, Jardine Securities is in no rush to sell, as this would only drive the share price lower.

They want to sell off, so naturally they don't want to sell at a low price, the higher the better.

If you want to sell it at a high price, you have to make the stock market better, so as to attract more investors to pay attention to this stock.

In other words, the Jardine Matheson Group now holds more and more shares of China Gas Company?

That must be more than 40.7%.

However, even if Jardine controls 45% of the shares, it will not have any additional impact on Lin Haoran.

"If that's the case, will they start selling today?" Lin Haoran asked his question.

"No, boss." Su Zhixue replied, "Although they have successfully raised the stock price of China Gas Company, the number of investors pouring in is not large at present, and it will take some time to accumulate.

If they plan to sell off now, unless they only want to sell a small portion of their shares, this is not a wise move. They will need at least several or even more than a dozen trading days to further attract more investors to enter the market. "

After hearing this, Lin Haoran was no longer in a hurry to consider whether to privatize China Gas Company.

An hour later, the stock market closed.

Su Zhixue handed the statistical data to Lin Haoran.

Taking the notebook, Lin Haoran read it carefully.

After the new year, Lin Haoran has not paid attention to the situation of the other three stocks.

At this moment, the notebook records the acquisition of stocks of Hong Kong Land Group, Jardine Matheson and Kowloon Motor Bus, including the total number of shares, the percentage, the funds spent, the average price per share, etc.

Hong Kong Land Development: Currently owns approximately 6.51% of the shares, with a total expenditure of HK$46301 million.

Jardine Matheson: Currently owns approximately 2.91% of the shares, with a total expenditure of HK$12520 million.

Kowloon Motor Bus: Currently owns approximately 7.39% of the shares, with a total expenditure of HK$4133 million.

Compared with last year, the progress is good.

Especially for Kowloon Motor Bus, Lin Haoran was surprised to find that the absorption rate of this stock during this period was actually the fastest.

On the contrary, the Hutchison Whampoa Group, which previously absorbed the highest proportion, is now inferior to Kowloon Motor Bus.

As for the shares of Jardine Matheson, the progress is a bit slow, but Lin Haoran doesn't care about it. He values ​​the Swire Properties Group more than Jardine Matheson.

Kowloon Motor Bus's market capitalization ranks last among the three companies.

However, even if it is at the bottom, its total market value exceeds HK$500 million, slightly lower than that of China Gas Company.

The shareholding rate of 7.39% is still too low.

If you want to control this company, the current shares are obviously far from enough.

From now on, he doesn't need to worry too much about these three stocks in the short term. He can just get involved after he has almost reached the established shareholding target.

As for leaving it entirely to Su Zhixue during this period, he was very relieved.

Now that we have sufficient funds, there is no need to worry about funding issues at all.

He even took this opportunity to take stock of his financial situation.

After returning from the United States, his funds reached more than 57 billion Hong Kong dollars. He then received a dividend of 58 million Hong Kong dollars from Aigo, totaling nearly billion Hong Kong dollars.

A total of approximately HK$5.94 million was spent from this money to purchase shares of Hong Kong Electric Group.

Injected HK$2 million into Wan'an Group, purchased Federal Building and International Building for HK$10 billion, and acquired Oriental Press Company for HK$2 million.

In addition, the acquisition of China Gas Company also cost about HK$2 million, which does not include the shares held by Hong Kong Electric Group.

The acquisition of shares of three companies, namely Jardine Matheson & Co., Hong Kong Land Development and Kowloon Motor Bus, has cost about HK$6.3 million so far.

He spent money like water. In such a short period of time, he had spent more than 28 billion Hong Kong dollars.

In other words, the funds he currently has on hand are less than 30 billion Hong Kong dollars.

This money is spent so fast!

After roughly calculating it, Lin Haoran couldn't help but sigh that the speed at which he was spending money was really terrifying.

(End of this chapter)