Hong Kong variety show: The tycoon who emerged from Portland Street

The Grand Hotel, a conference hall on the fifth floor.

At this time, there were already eight or nine people sitting in the hall.

These people are all small and medium-sized shareholders of Longfa Real Estate, and they were all invited by Robinson.

Although Robinson Crusoe wasn't a big shot in the business world, he was still somewhat well-known.

In addition, the recent change of ownership of the Cointreau Hotel has further boosted Robinson Crusoe's fame.

Therefore, although these people did not initially know why Robinson Crusoe had invited them, they still came.

Everyone present was a shareholder of Longfa Real Estate. Apart from the representatives of a few securities institutions, the rest of them knew each other.

At this moment, the group was whispering amongst themselves.

They probably already had some idea of ​​the purpose of today's invitation, but they weren't sure.

Chen Mo had already arrived outside the door.

"Old Sun, have all the shareholders of Longfa Real Estate arrived?"

"The main HSBC and several other institutions sent people over, as well as a few small shareholders who also hold some shares."

Only a few individual shareholders were absent.

However, according to our statistics, those individuals hold less than 3% of the shares combined. We can speak with them individually later.

"Let's go in then, don't keep them waiting."

Chen Mo pushed open the door and entered the conference room, with Robinson following behind him.

Everyone's attention was drawn to the sound of the door opening, and they all looked towards the entrance.

Chen Mo rarely makes public appearances, and this is the first time he has appeared in public like this.

They weren't familiar with Chen Mo, but he vaguely looked familiar.

Chen Mo ignored everyone's gazes and walked straight to the main seat to sit down.

Robinson quietly sat down next to Chen Mo.

The people present were all seasoned veterans of the business world. Although they were puzzled by the presence of a strange young man sitting in the main seat, they wouldn't jump up and cause trouble.

He obediently sat at the lower seat when Robinson Crusoe extended the invitation; what was there for them to make a fuss about?

Chen Mo's gaze swept around the conference table before he spoke:

Good morning, everyone. Some of you may not know me yet, so let me introduce myself first.

My name is Chen Mo, and I am the owner of this hotel and also the owner of Galaxy Group.

As soon as Chen Mo finished speaking, someone exclaimed in surprise.

"Are you Chen Mo? The Chen Mo who shorted US stocks a little over a month ago?"

Now, many people's gaze towards Chen Mo changed again.

Those present are all businessmen, and their attention to the stock market far exceeds that of ordinary people.

When Chen Mo appeared in American newspapers and magazines in October, they also paid attention to Chen Mo for a while.

However, there was no introduction about Chen Mo's background on the document, and Chen Mo has kept a low profile since then and has not appeared in the media. Therefore, they did not recognize Chen Mo at first glance.

But I still have a vague impression.

Therefore, when they first met Chen Mo, they felt that he looked somewhat familiar.

Upon hearing Chen Mo's self-introduction, they immediately recognized Chen Mo's identity.

The representatives from HSBC, in particular, now look at Chen Mo as if he were a living god of wealth.

Chen Mo has hundreds of billions of yuan in cash at his disposal.

Although attracting deposits for the bank is not his job, if he can persuade Chen Mo to put all his money into HSBC, that would be a great achievement!

Chen Mo laughed and said, "I didn't short US stocks; I just caught the wave of the US stock market crash."

"Mr. Chen is so meticulous, no wonder he is so accomplished at such a young age." The HSBC representative flattered him first.

Flattery will get you everywhere.

Whether or not Chen Mo can actually deposit the money in HSBC is another matter, but flattering him is never a bad thing.

"Yes, yes, to be able to accurately predict a stock market crash and then profit from it is simply unbelievable!"

The others also began to flatter Chen Mo.

Chen Mo smiled at the HSBC representative, then said to the rest of the group, "You flatter me, seniors."

I was just lucky; I can't compare to the experience and insights of those of you who have been in the business world for many years.

"I asked Mr. Sun to invite you all here today because there is something I would like to discuss with you."

The HSBC representative spoke up: "Mr. Chen, are you interested in Longfa Properties?"

"That's right." Chen Mo nodded and said, "I want to acquire the shares of Longfa Real Estate held by you all, and I hope you can do me a favor."

Of course, the price won't disappoint you.

The minority shareholders of Longfa Real Estate exchanged glances, each with their own agenda.

Most of them invested in Longfa Real Estate in its early stages, and after multiple rounds of financing, their shares have long been diluted.

The combined shareholding of these individuals is less than 7%.

However, they are still quite optimistic about the development prospects of Longfa Real Estate.

They were somewhat unwilling to just buy the shares they had.

Representatives from HSBC and those other institutions shared similar thoughts.

If possible, they would all be willing to continue holding shares in Longfa Real Estate.

Seeing that they didn't respond, Chen Mo continued speaking.

Yesterday, Longfa Real Estate's closing price was 3.15 yuan.

My people have already accumulated enough shares in the stock market recently. If nothing unexpected happens, a mandatory general offer will be triggered today.

I'm offering you all a price of 3.7 yuan, which is the highest price for Longfa Properties' stock in the past month. What do you all think?

After saying that, Chen Mo stopped talking and waited quietly for their reply.

The people present began to look at each other in bewilderment.

Although Chen Mo didn't say much, his few words revealed a lot of information.

He now has enough money and enough leverage.

There is virtually no chance of failure in launching a full offer.

The only question is how many shares Chen Mo will actually trade in this offer.

Given the current nature of the Hong Kong stock market, Chen Mo's price could basically sweep up almost all the circulating shares in the market.

At that time, it is very likely that Longfa Real Estate will be delisted.

Once the company is delisted, their shares in Longfa Real Estate will only allow them to retain their status as shareholders of Longfa Real Estate.

Furthermore, they have the right to receive a share of Longfa Real Estate's annual profits.

In the past, Longfa Real Estate would have made nearly 100 million yuan in profit every year.

However, the real estate industry is currently in a slump, and profits may be much lower each year, or even result in losses.

These shareholders basically don't get any money.

So, selling the shares to Chen Mo and taking the money to leave might be a better option.

Moreover, even if Longfa Real Estate doesn't delist, they won't benefit from not selling their shares to Chen Mo.

Chen Mo can still remain a major shareholder of Longfa Real Estate.

Furthermore, after the offer period ends, Chen Mo can still use his shares to drive down the price, which might make their shares even less valuable.

Although Chen Mo didn't say he would do that.

However, it doesn't need to be explained so explicitly by Chen Mo. If it were them, they would do it the same way.

"Okay! We are willing to sell our shares to Mr. Chen." After a brief discussion, the minority shareholders nodded in agreement.

As for the price, they didn't dwell on it any further.

They don't own many shares, so even if Chen Mo raises the price by a penny or two, they won't get much more money.

It's better to just sell it well and have a good business.