Hong Kong variety show: I can boost loyalty, the most generous boss.

Chapter 193, Section 192: Jack's Desperate Attempt to Snipe China Gas!

Technical adjustments?
Jack breathed a sigh of relief, thinking that this was indeed the case, and that the price of China Gas would probably drop in the afternoon.

So Jack didn't dare leave for a moment and had Manager Wang provide lunch.

When the market opened in the afternoon, Jack bought back the shares while the price dropped, no longer expecting to make ten times the return.

He would buy the stock and return it to the securities company as long as the price was below 7 yuan. Yes, you can't be too greedy!

Make a little money and then stop; aim for a small goal, like a hundred million!

As Jack thought this, the stock price of Hong Kong and China Gas rose all the way up when the market opened in the afternoon, reaching 10 yuan per share around 3 o'clock.

"How could this happen? Wasn't it supposed to be a technical adjustment?"

It's been adjusting for hours and it's still not fixed?
Jack couldn't resist any longer, so he dialed Liu Xiong's number again, only to hear a dial tone.

"Fuck! Answer the phone! You bastard!"

Jack was sweating profusely with anxiety. He had already sensed that something was wrong, but he was already in the trap and there was no way to get out.

If he stops now, he won't be able to cover the deficit in public funds at all, and can only pray that the price of China Gas will not rise any further.

at the same time.

At the Hengzhao Company headquarters, Li Zhaoji is working in the company office, developing the company's real estate business.

Suddenly, Li Jiajie, the son in charge of China Gas, pushed open the door and rushed in, hurriedly saying to his father:

"Dad, our Hong Kong and China Gas stock keeps rising, it seems like someone is buying up our stock."

Li Jiajie sat on the sofa, panting, without even drinking water.

Li Zhaoji glared at his son, showing no displeasure at his son's impetuousness, put down his pen, and asked:

"What did you just say? Someone wants to buy shares in Hong Kong and China Gas?"

Li Zhaoji became wary. Hong Kong and China Gas was the family's cash cow, not only owning a considerable amount of land, but also providing the family with a substantial amount of cash every year.

It can be said that the importance of Hong Kong and China Gas is no less than that of Hengzhao Company. If it were to be maliciously acquired, it would be devastated.

Hong Kong and China Gas was originally a British-owned company, but in the 70s it was controlled by the Lee family, the same Lee family that owned the prime land in Causeway Bay.

In 1975, Hong Kong and China Gas Company Limited was hostilely acquired by Hong Kong Electric Holdings Limited. At that time, Lee Ka brought in Lee Siu-chi as an outside ally to fight against the hostile takeover by Hong Kong Electric Holdings Limited.

Li Zhaoji also became a director of Hong Kong and China Gas. However, later, Li Zhaoji gradually acquired shares of Hong Kong and China Gas, and became the chairman of the board of directors of Hong Kong and China Gas, kicking the Li family out.

In 1983, Li Zhaoji officially became the chairman of the board of directors of Hong Kong and China Gas Company Limited, holding 28% of the company's shares and having a majority of voting rights.
In a listed company, a 28% stake is quite a lot, but there is still a possibility of it being acquired!
Li Zhaoji couldn't sit still any longer. He called Manager Qian, the head of the securities department, and instructed him:
"We will take 5 million yuan out of the company's 2 million yuan reserve fund to repurchase the shares of China Gas Holdings Limited, and at the same time find out who is acquiring our shares."

Listed companies all have securities departments, and Hengzhao Company certainly has one too, along with a team of experienced traders. Li Zhaoji also frequently plays the stock market and has quite a few financial talents under his command.

"Yes, Mr. Li."

When Hengzhao Company directly confronted Giant Fund, China Gas's stock rose even faster, climbing from 10 yuan per share to 13.5 yuan per share by the close of trading that afternoon.

The opening price that morning was 8.5 yuan per share, and the closing price was 13.5 yuan per share, an increase of about 62% that day.

Some are happy, some are sad!
Retail investors who held shares in Hong Kong and China Gas were overjoyed, with some taking advantage of the rising stock price to sell off their shares and cash out their profits.

Some people are planning to wait and see, expecting the stock to rise further, so they are holding out for a higher price!

Jack was so angry he almost vomited blood. He had lost everything and was driven to the brink of despair!
At this moment, Liu Xiong finally called Jack, giving Jack some hope.

"Fuck, how dare you call me? I've been ripped off so badly."

Jack cursed angrily. He was almost speechless. Not only did he not make any money this time, but he also lost everything.

If the price doesn't go up tomorrow, Jack is planning to run away. He owes so much money, he's doomed.

"Don't panic, I'm here to rescue you. The big boss is looking for you!"

Liu Xiong, on the other side, remained calm and composed as he spoke to Jack.

The big boss? Jack was startled, then immediately realized that the big boss was going to save him.

To go or not to go?
If I don't go, I'm doomed; if I go, there might still be a chance to save me!
Without hesitation, Jack quickly pressed on, asking:
"Where to meet, and at what time?"

"Tonight, there's a restaurant with backbone in Tsuen Wan!"

Jack hung up the phone and started driving to Tsuen Wan, as it was a two-hour drive and could take even longer if there was traffic.

Two hours later, Jack arrived at the Integrity Restaurant, where two bodyguards in suits and sunglasses approached him at the door.

"Mr. Jack, excuse me, but I need to search you!"

Before Jack could agree, the two bodyguards in black forcibly searched him, looking him up and down and scanning him with a device to make sure he wasn't carrying any recording or listening equipment.

"What are you doing?"

"Excuse me, this is a routine check. You can come in now."

The two security guards in sunglasses and suits apologized, but showed no embarrassment whatsoever, and gestured for Jack to proceed.

Jack snorted and decided not to bother with these small fry, so he continued walking towards the restaurant.

The restaurant was very quiet. Apart from the waiters cleaning, there were no other customers. Along the way, more than a dozen bodyguards in suits could be seen standing on both sides, watching Jack coldly.

"Jack, why are you so late? Let me introduce you to the big boss!"

"This entire restaurant has been booked. Please follow me."

When Jack saw Liu Xiong come out of the private room, he was furious and wanted to beat Liu Xiong up to vent his anger.

Two more bodyguards in black appeared and blocked Jack's path.

"Please, Mr. Jack~"

Jack was speechless. He looked around the restaurant and saw at least twenty bodyguards in suits. This kind of presence was not for ordinary people. This big boss must have a triad background.

Jack was startled and dared not do anything out of line, following behind Liu Xiong.

Inside the private room, Ahua walked in and whispered something in Yang Jun's ear.

"Jack has arrived!"

Mrs. Lei, who was accompanying Yang Jun, was wearing a plaid suit and said to him:

"Mr. Yang, since you have guests, I'll be leaving now!"

Yang Jun nodded, smiled and waved his hand. Mrs. Lei had come running over to fawn over him as soon as she heard he had come to Tsuen Wan. This widow was up to no good!

Ever since Big D was seriously injured by Lok while fishing without a helmet, Mrs. Lei has taken control of the situation in Tsuen Wan and is the only female boss in Wo Luen Shing.

Big D was seriously injured, suffering a severe head injury that left him with the mental capacity of a seven or eight-year-old. He handed over all the business of the gang to Mrs. Lei and Ponytail, which led to increasing conflicts between the two of them.

"Yes, I understand about the situation in Tsuen Wan. I'll make the arrangements!"

Yang Jun waved his hand, dismissing Mrs. Lei who had come to complain, and then looked at Mr. Howard Jack, who had entered the private room.

Yang Jun really likes this kind of ambitious rich kid!

"Mr. Jack, please have a seat!" The moment Jack saw Yang Jun, he froze, completely dumbfounded. The big boss was him?

Yang Jun, the richest man in Hong Kong? He is the big boss behind the scenes.

"It was you? Was it you who did this behind the scenes?"

Jack suddenly became emotional. He had been so badly wronged because of the richest Chinese man in front of him.

Jack suddenly rushed forward excitedly, wanting to test his martial arts skills against Yang Jun, but was firmly held down on the table by four bodyguards.

Da Dong grabbed Jack's hair and slammed Jack's head against the table, making Jack dizzy and causing his forehead to bleed.

"Go to hell! Don't you understand what's going on?"

"You owe our Giant Group fifty million, which, including interest, totals sixty-five million!"

"How do you plan to pay this back? If you can't pay it back, I'll chop off one of your hands!"

Jack touched his forehead, which was covered in blood. He was shocked and realized his predicament.

These bodyguards in suits are no good people; they look more like gangsters, a gang of thugs in suits.
"Mr. Yang, please don't be impulsive. I can return the money, but you have to give me a way out, right?"

Jack was on the verge of tears. He was now deeply in debt and had no idea where he could get the money to pay off Yang Jun's debts.

Yang Jun shrugged, tapping his fingers rhythmically on the table, and said with a smile:

"Alright, I'll give you a way out! You're the general manager of the Hong Kong branch of the Eastern Telegraph Company. Sell me your shares in Hong Kong Telecom, and you can not only pay off your debts but also make a fortune."

What? Sell your shares in Hong Kong Telecom?
All the satellite base stations set up by the Eastern Telegraph Company in Hong Kong were affiliated with Hong Kong Telecom. It can be said that Hong Kong Telecom was the golden goose that laid the golden eggs for the Eastern Telegraph Company.

"No, if I sell Hong Kong Telecom, wouldn't I become a sinner against the Howard family!"

Jack's expression changed drastically, and he looked completely resistant!

Yang Jun scoffed and mocked Jack:

“Jack, if you don’t sell Hong Kong Telecom, you’ll not only become a sinner against the Howard family, but you’ll also become a cripple!”

"Do you think you still have a choice?"

Jack was pale. If his family found out that he had embezzled 2.5 million yuan of public funds and owed so much debt, they would definitely abandon him and support his elder brother.

He wouldn't get a single penny, and given his older brother's temper, he would definitely kick him out.

No! I need to protect myself. I have no choice but to sell Hong Kong Telecom, get the money, and then cut off all contact with my family.

Mr. Yang is right, we had no choice.

"I want cash; I won't accept a stock swap!"

After Jack figured things out, he started planning his future, determined to make up for the deficit at the Eastern Telegraph Company.

Then I also need to get a sum of cash, a huge amount of money that will ensure I have no worries about food and clothing for the rest of my life.

Yang Jun smiled and said calmly:

"Okay~"

Jack thought for a moment, then slowly said:

“Selling Hong Kong Telecom requires board approval. I am just a representative of the Howard family. You are responsible for dealing with the other major shareholder, the Spencer family.”

Yang Jun remained calm and collected; he had already secretly won over the Spencer family representatives, with only old Howard being the most stubborn.

"no problem!"

Jack finally breathed a sigh of relief. After reaching an agreement, he continued to ask:
"What about my commission?"

The money from selling Hong Kong Telecom would definitely go into the public accounts of the Eastern Telegraph Company, involving billions of dollars. Jack certainly couldn't just withdraw it silently again.

"Five hundred million in cash!"

Jack's eyes lit up. Five hundred million in cash would be enough for him to pay off his debts and live a life of comfort for the rest of his days.

"Okay! I'll get back to you as soon as possible."

Jack became much more proactive and exchanged phone numbers with Yang Jun.

After Jack left, Yang Jun cautiously said to Ahua:
"Have someone keep an eye on him 24/7, don't let him try anything funny!"

Although Yang Jun knew very well that Jack would not try anything funny, he still wanted to be on the safe side!

Meanwhile, Hengzhao Company was still brightly lit late at night, with the employees in the securities department working enthusiastically.

After 5.6 hours of hard work, Manager Qian finally figured out that the hundreds of accounts that bought China Gas shares all came from a single fund company.

So Manager Qian rushed to Li Zhaoji's office, knowing that the company's boss was waiting for him.

Li Zhaoji is the most low-profile tycoon in Hong Kong. In another timeline, among the four major families, his wealth is second only to Li Ka-shing, making him a perennial runner-up.

He topped the list of the richest Chinese people multiple times in the 1990s, but at that time, Li Zhaoji had not yet fully risen to prominence.

According to the current Hong Kong rich list, Li Zhaoji ranks fourth in terms of net worth, after Yang Jun, Li Ka-shing, and the shipping magnate Bao.

"Come in~"

Hearing the knock on the door, Li Zhaoji looked up and saw that it was Manager Qian from the securities department.

"Boss, I've found out which company targeted us."

Oh! Li Zhaoji's eyes lit up. As long as he figured out who the other party was, he could judge their intentions.

If the other party is financially strong, it may acquire Hong Kong and China Gas. Hengzhao Company will then have to raise funds to repurchase shares and preserve its shares.

If the other party is not a threat, it can be basically determined to be a sniper attack, aimed at driving up the stock price, making a quick profit, and leaving. Li Zhaoji can completely ignore it.

Knowing yourself and your enemy is the key to victory!
"who is it?"

Manager Qian, not wanting to keep him in suspense, placed a document on Li Zhaoji's desk and said to him:

"Boss, it's Giant Fund!"

What? Giant Fund?

Li Zhaoji's face was grim. Of course he had heard of Giant Fund. This fund company had risen to prominence in Hong Kong in recent years, acquiring Hong Kong Electric Company and even defeating Swire Group, one of the four major trading companies!

In Hong Kong's financial industry, Giant Fund has a notorious track record, like a ferocious tiger that attacks everywhere, making Hong Kong's wealthy people tremble with fear.

Giant Fund has always targeted British companies, so how will it deal with its own Hong Kong and China Gas?

Could it be because he didn't join the Chinese Association? Li Zhaoji was very anxious, fearing that his China Gas Company would be forcibly acquired by the Giant Group.

"Ah Jie, check how much working capital the company has, and transfer it all to the stock market."

Li Jiajie was startled. The old man was always calm and composed, and it was rare to see him lose his composure like this.

"Yes, I'll take care of it right away."

(End of this chapter)