Hong Kong 1980: The Savage Era

Chapter 321: Battle of Aimigo

Thursday, May 6

Small and medium-sized stocks continued to fall, and Luo Qihong was busy in the office, instructing various companies to start buying back shares of their subsidiaries to increase their control over them.

Fortunately, Luo Qihong had ordered his companies to sell a lot of stocks before the disaster. Now is the time to earn the difference. He can make at least 40% profit all together.

This trend will continue for some time. Once small and medium-sized stocks have lost most of their gains over the past six months, the decline will end. However, the stock prices of some companies, such as Aigo, are about to hit bottom.

The stock has fallen to 7 cents, with a market value of less than 2 million yuan.

Mandarin Oriental Hotel private room
"Hello, Mr. Feng! It's been a while since we last met." Luo Qihong greeted them with a smile.

Feng Guojing and Feng Guolun stood up and greeted Luo Qihong in return, "Mr. Luo!"

Luo Qihong sat down and said with a smile, "I wonder what you two want to talk to me about? Just tell me, we are all very busy people."

Feng Guojing said, "Okay, since Mr. Luo is so straightforward, I will also be straightforward. Mr. Luo, are you interested in the stocks of Aigo?"

Luo Qihong was slightly stunned and said, "Mr. Feng, do you want to sell it? The current market price is very bad, why don't you wait?"

This is of course against my will, but I have to say it.

Feng Guojing said, "I know the current market price is only one-third of the original price, but my company is short of money and needs to recover some funds."

"Does Mr. Liang from Aigo know about this?" Luo Qihong asked pretendingly.

"I informed him before, so he should be considered aware of it." Feng Guojing said with an unusual expression.

"Mr. Feng, the current share price of Aimego is 7 cents. I can give you 8 cents. After all, you took over the Aimego shares from me." Luo Qihong smiled slightly.

Even if he gives up 1 cent per share, he can still make over million in profit. Moreover, this crash will soon be over, and now should be the lowest price of Aigo's stock.

"Thank you very much, Mr. Luo." Feng Guojing said, "Although we both run trading companies, Mr. Luo and I should not have too many conflicts. If there is an opportunity for cooperation in the future, I hope Mr. Luo will not hesitate to give me advice."

Luo Qihong smiled and said, "Mr. Feng is right. We will have a chance to cooperate."

After dinner, the three went to a law firm and signed a transfer agreement, so that the 3% stake in Aigo returned to Luo Qihong's hands.

Liang Yingwei was destined to lose Aigo Company and become the ultimate abandoned child.

An office building in the Stock Exchange Building
Liu rushed to the office of Dean Securities Investment Company and asked Bai Jinyan urgently, "Miss Bai, you said someone in the market is rushing to buy Aimigo?"

Bai Jinyan nodded and said, "Well, we were still skeptical this morning, but now the purchase orders are starting to get bigger."

Liu Luanxiong suddenly became a little worried. He was afraid that Liang Yingwei was increasing his stake in Aimiko. Although Liang Yingwei didn't hold many shares, he was still more promising than him.

After all, Liang Yingwei already holds more than 20% of the shares of Aigo. If Liang Yingwei finds a source of funds and makes a full acquisition, he will basically not be able to get Aigo back.

"Could it be that our actions have been discovered by others?" Liu Luanxiong said doubtfully.

"That's unlikely! I have been buying in small quantities, and I have chosen some scattered orders. I have not touched any large orders. Even the most careful colleagues would find it difficult to discover." Bai Jinyan immediately denied it, saying that this was questioning her professionalism.

Liu Luanxiong nodded. Bai Jinyan had done this kind of fundraising work before, so it was impossible for him to make such a low-level mistake.

"How many shares of Amexco do we have?" he asked.

"1 million shares, the current share price is 0.69 yuan!"

"Can we speed up without being discovered?" After hesitating for a long time, Liu Luanxiong decided to take the risk and eat it.

Before Bai Jinyan could answer, Liu Luanxiong's mobile phone rang, "Hello! Who is this?"

"Mr. Liu, my name is Luo Qihong. The 20% stake in Aigo held by Li & Fung Trading Company has now come into my hands." Luo Qihong's voice came from the receiver.

Hearing this, Liu Luanxiong immediately breathed a sigh of relief, "That's great, the pressure on my side has been reduced a lot, thank you Luo Sheng for telling me the news in time."

After hanging up the phone, Liu Luanxiong said to Bai Jinyan, "Ms. Bai, please buy in large quantities immediately. I want to hold nearly 35% of the shares."

"Okay, Mr. Liu!" Bai Jinyan started to operate.

Buying stocks cautiously tests your patience, but buying large stocks is very enjoyable and you don’t have to worry too much.

On that day, Liu Luanxiong and Liang Yingwei both made large investments to buy shares from the market, which made many investors very confused. While other small and medium-sized stocks were falling, the stock of Aigo was rising against the trend.

Unfortunately, before these investors could react, the stock market began to close and they could only wait until tomorrow when the market opens.

the other side

Liang Yingwei was extremely anxious. He knew that the other party must be Liu Luanxiong, and he had stabbed him in the back. Luo Qihong once again held a 20% stake in Aigo.

"What should I do? What should I do? These two vicious dogs are about to bite me."

"I don't have much money left. It's not good for me to continue competing for the acquisition. The possibility of winning is not high."

Suddenly, Liang Yingwei came up with the idea of ​​pushing up the stock price to sell his shares. It was a very stupid behavior to continue to push up the stock price even though he knew he was going to lose.

"Only if you have money can you have hope. I'll let you play one round first. Don't let me get the chance in the future." As he spoke, Liang Yingwei clenched his fists and looked fierce.
The scramble to buy shares was still going on, and investors finally reacted. The share price of Aigo rose by 3% in just three hours in the morning, and the share price rebounded to 16 yuan.

"Ms. Bai, how much shares do you hold now?" asked Liu Luanxiong.

"17.3%! The other party probably holds 29.1%, and we are 12% behind." Bai Jinyan replied.

If Luo Qihong's shares are included, Liu Luanxiong's side holds 37.3% of the shares, 8.2% more than Liang Yingwei, which is enough to control Aigo.

But such shareholding is not very stable, and Liu Luanxiong hopes to have a stable control over Aigo.

That was his base. If he lost it, he would become a rootless duckweed and it would be difficult for him to use the stock market to take action.

It is not impossible to acquire another company, but it takes time to establish prestige and win the trust of shareholders, which is not as good as the original base of Aigo.

"If nothing unexpected happens, you can hold 25% of the shares before the afternoon market close, but the share price will exceed 1.3 yuan." Bai Jinyan stated his judgment and analysis for Liu Luanxiong to choose.

"It doesn't matter. The key is to grab enough chips." Liu Luanxiong said firmly.

Qiyun Investment Company
In order to meet Wei Li's requirements, Lin Yunxue urgently acquired a listed company on the verge of bankruptcy and is currently restructuring its assets and debts.

Lin Yunxue was already quite experienced in this, so she cleared the debt without much effort. The company currently only had two rental properties and a small amount of high-quality company stocks, but it still had a debt of 2 million yuan.

However, in order to get Asia Securities Investment Company listed, Wei Li was willing to spend 6 million yuan to acquire this shell company and has already held 90% of the shares.

After this sale, Qiyu Investment made a profit of 270 million yuan.

"Mr. Luo, the order for Asia Securities Investment Company has been completed, and Mr. Wei Li is very satisfied with the order." Lin Yunxue gave a brief overview of the matter.

"What do you think Wei Li wants to do?" Luo Qihong asked with a faint smile.

"It should be a backdoor listing. Asia Securities Investment Company has not yet been listed." Lin Yunxue said.

"Then don't you have any backup plans?" Luo Qihong looked at Lin Yunxue meaningfully.

"Mr. Luo, I think we shouldn't have any backup plans when dealing with customers." Lin Yunxue said seriously.

Luo Qihong changed his sitting position and said, "Ms. Lin, there are many ways to do things. You don't have to harm the client. It can also be a win-win situation. Wei Li's Asia Securities needs to go public through a backdoor listing, so it must issue new shares. Can't Wei Li give some to Qiyun Investment?"

Hearing this, Lin Yunxue fell silent, her eyes looking a little guilty, she had misunderstood Luo Qihong's meaning.

"It shouldn't be difficult to turn back now. Mr. Wei Li won't refuse, right?"

Luo Qihong smiled and said, "It would be a shame to turn back now. Although Wei Li will not refuse, he will not welcome it either."

"Then should we look for Mr. Wei Li?" Lin Yunxue was a little confused about what Luo Qihong meant.

"It's up to you. You don't have to look for it. After this crash, there are many company stocks similar to Asia Securities on the market that are worth investing in." Luo Qihong just wanted to ridicule Lin Yunxue.

Lin Yunxue thought for a moment and responded, "Forget it, we can invest in other stocks."

"What are you going to do? This crash will be over soon." Luo Qihong asked.

"I plan to attack together the three companies I own, buy at the bottom across the board, and then acquire property assets at the right time," said Lin Yunxue.

"When the stock market fell, real estate prices stopped rising; when the stock market recovered, local markets rose. In this way, a lot of the stock market's profits will be used to make up for the increase in local property prices, and the interests of the two listed companies cannot be maximized," Luo Qihong analyzed.

"What does Luo Sheng mean?" Lin Yunxue asked suspiciously.

"Use most of the assets to buy stocks, and use a small portion of funds plus loans to purchase properties. This way you can take care of both." Luo Qihong proposed the plan.

However, the plan has certain problems, that is, the pressure to repay the interest will be somewhat high, the rent may not be able to keep up with the repayment of the interest, and it is necessary to find money all the time to fill this gap.

"I also plan to use leverage to buy at the bottom, maybe this can also maximize the profits." Lin Yunxue put forward a different opinion.

"It's a good idea, but the interest on leverage is too high. Can the company sustain it?" Luo Qihong believes that leverage carries greater risks and greater economic pressure.

"We need to make a plan and compare it to find out." Lin Yunxue was still not sure.

"We still have some time, so why don't you start making a plan and see how it goes?" Luo Qihong said.

As a partner, Luo Qihong cannot have the final say and must listen to Lin Yunxue's advice.

After 2 or 3 days, the share price of Aimego rose to 1.53 yuan, which was a much faster increase than before. The reason was that a lot of Aimego stocks appeared on the stock market.

"I suspect someone deliberately sold the stocks, most likely Liang Yingwei." Bai Jinyan questioned.

Liu Luanxiong pondered and said, "Well, I have almost enough shares of Evergo, and I plan to announce the completion of the acquisition."

"Okay, then I'll arrange the press conference." Bai Jinyan nodded.

At this time, Liu Luanxiong already held 30.2% of the shares of Aigo, and with the 20% held by Luo Qihong, it was enough to control Aigo.

Since this was a re-acquisition, the agreement previously signed with Liang Yingwei has been invalidated. Although Liu Luanxiong may not be the largest shareholder of Aigo, he is qualified to sit in the position of chairman of the board of directors together with Luo Qihong.

(End of this chapter)