Hong Kong 1980: The Savage Era

Chapter 376 Chapter 377 [It’s not that simple]

Mid April

Asia Securities announced that it holds 93% of the shares of Guangshengxing International and has applied to the Securities and Futures Commission for the forced privatization of Guangshengxing International and the cancellation of its listing status.

如今的广生行国际公司市值10.6亿元，拥有铜锣湾广生行中心大厦、油麻地一座高23层的商厦、港岛坚道20-22A号物业22层高级住宅大厦、上环永乐街文华大厦60%权益拥有70万平方尺的收租物业。

The book value of Kwong Sang Bank's net assets is as high as HK$6.87 million, and it has issued 180 million shares, equivalent to HK$382 per share.

Based on this figure, the acquisition price of 650 yuan per share for Asia Securities is quite a bargain.

Once Asia Securities Company privatizes Guangsheng Bank International, its market value will exceed 25 billion yuan and its net asset value will be 10 billion yuan. It is a high-quality investment company that is greatly underestimated.

Dean Securities Investment Company holds a considerable amount of Asia Securities shares. Based on the original purchase price, it will be able to double its profits.

The actions of Asia Securities Company aroused Bai Jinyan's interest again. He wanted to learn Wei Li's operating methods to enhance the strength of Dean Investment Company.

Of course, Bai Jinyan’s ultimate goal is to list Dean Securities to enhance her own reputation.

If it weren't for her pregnancy, Luo Qihong would have wanted to warn her to prevent her from having any other thoughts.

Now that she is pregnant, Luo Qihong can only advise Bai Jinyan.

"The purpose of going public is to raise funds and issue shares, borrowing the money of shareholders to expand itself. At present, De'an Company has sufficient funds and does not need to use the funds of shareholders." Luo Qihong said, "If you really want to play, you can acquire a small company and slowly expand it."

"Okay, the company is yours anyway, I'm just giving you a suggestion." Bai Jinyan said pitifully, but he glanced at Luo Qihong from time to time.

Luo Qihong said with a smile, "Is it about the last meeting of the board of directors of China Gas Company?"

Seeing that Bai Jinyan did not refute, he continued, "China Gas Company is the cornerstone of our family, and it is very stable. We don't need your participation at all."

"I let you join the board of directors to elevate your social status, not to let you participate in management. Didn't I let you participate in the management of Federal Realty? Are you still not satisfied?"

Bai Jinyan snorted, "Federal Real Estate Company is about to be privatized, what's the point of managing it? I do all this for your son. Don't think I don't know that Guan Jiahui has already given birth to a son for you."

The IQ of a pregnant woman generally decreases, after all, all the nutrients are used to nurture the embryo, so Bai Jinyan was a little irrational, and Luo Qihong thought it was understandable.

"You control much more things than Guan Jiahui. Guan Jiahui only has a lingerie company and properties, while you have Federal Realty Company and De'an Company. Which one is not more important than Guan Jiahui?" Luo Qihong put his arm around Bai Jinyan's shoulders and said softly.

"It looks like it's mine, but actually you're not in control of it. Guan Jiahui at least has things of her own. The property company owns several buildings, and the company's assets are worth hundreds of millions." Bai Jinyan continued to complain.

"Tell me, what do you want to do?" Luo Qihong finally gave in. "As long as it's not to let De'an go public."

"I know that Dehe Real Estate Company has a large number of property assets. I don't want Dehe Plaza, New Sun Plaza, or China Hong Kong City. I just want some scattered properties, and I want them to be high-quality." Bai Jinyan raised his index finger, with greed in his eyes. "I will open a new company and inject those properties into it."

"You are using your son to control his father. Who did you learn this from?" Luo Qihong said with a slightly teasing tone. "Don't worry about who I learned this from. Just tell me whether you agree or not." Bai Jinyan touched her belly with her palm and looked at Luo Qihong with a smirk.

"Okay, okay, I'll ask Qishan to prepare a list of properties you want for you to choose from." Luo Qihong said, "But you must follow Jiahui's rules. You are not allowed to sell the company's shares without authorization."

"OK!" Bai Jinyan knew what Luo Qihong was thinking, "Then I will go find Su Qishan tomorrow."

"When the baby is born, shouldn't you also reward him?"

Facing Bai Jinyan's request, Luo Qihong smiled and said, "Okay, I'll help you find a high-end residential building or a single-family villa in the middle of the mountain area. How about this reward? Are you satisfied?"

"I don't want a villa, I just want a high-end residential building. Let's put it under the name of the new company." Bai Jinyan said happily.

Luo Qihong shook his head. These women were so greedy. Other women wanted jewelry, cars and money, but now villas worth tens of millions were not valuable enough in their eyes.

When Yulang International Group Co., Ltd. was first listed, its market value was only tens of millions of yuan. In just one year, the number of shares issued and allotted reached 3.594 million shares, which was twice the number of shares before the listing, and the funds raised reached 4.486 million yuan.

The funds were used to purchase advanced printing equipment, and at the beginning of the year, the company bought the Industrial Building News Center in North Point from Sing Tao Group, acquired 7% of the shares of a newspaper, and founded and published the Financial Daily. It has become an emerging newspaper group.

According to reliable sources, Wong Yuk-long is speculating in index futures and making millions of dollars every day, which shows how high his investment costs are and how high his expectations for index futures are.

Moreover, Wong Yuk-long also hopes to use the Financial Daily to influence the stock market and affect stock prices.

"Mr. Luo, the market value of Yulang International Group is 18.5 billion yuan, and the stock price is 3.25 yuan. Compared with the market value before it went public, it has expanded nearly times, which is a miracle in the Hong Kong media industry." Wu Xiaohao reported.

"Huh! He's really a stock god." Luo Qihong teased, "How much has Yulang International Group invested in the stock market?"

"At least 4 million yuan, and the specific figure is still to be investigated." Wu Xiaohao replied.

"The more you eat, the more you will vomit." Luo Qihong sneered, "Where's Zheng Jinghan? How is he?"

"The current situation of Paramount Newspaper Company is very good. Although it has not experienced a surge like the Yulang International Group, it has been steadily expanding its publishing business. Its current market value is 3.7 million yuan." Wu Xiaohao handed over the investigation report.

Luo Qihong saw the key point as soon as he read the content. "Zheng Jinghan is still good. The actual asset value is much higher than the market value. If the market value is calculated based on the asset value, the market value is at least 7.5 million yuan, which is doubled."

"That's true, but it's still not as good as Yulang International Group, whether it's stock market investment or publications. Yulang International Group's comics have been sold to Southeast Asian countries and have been well received, bringing huge profits to Yulang International Group." Wu Xiaohao said.

"No matter how much you earn, it won't be enough to cover the losses in the securities and stock markets. During this period, Fujia Newspaper must work hard to accumulate funds. I will be of great use in the future."

"Yes, Luo Sheng!" Wu Xiaohao responded with a suspicious look.

(End of this chapter)