Returning to his senior year of high school, he went all in and made billions by buying at the botto
Chapter 65 Jianing Holdings
Four Seasons Hotel Hong Kong.
In the study of the presidential suite, Chen Mo was sitting at a long table, reviewing the meeting materials sent by Mei Lin.
Outside the window, the night view of Victoria Harbour gradually brightens, with countless lights covering both banks, like a golden net floating on the sea.
Just then, my phone vibrated slightly.
A text message from Lin Wan.
The content is short, but it explains the events that just happened in the eastern suburbs mining area very clearly.
Zhao Qiming from the provincial capital offered 100 million yuan for a 30% stake in Xingxin Mining. After being refused, he immediately called the Provincial Department of Natural Resources, demanding that production be suspended for rectification.
Chen Mo's expression didn't change much after reading it.
He had long known that once news of the gold mine in the eastern suburbs surfaced, it would inevitably attract hungry wolves.
I just didn't expect it to come so quickly.
He originally thought that by voluntarily giving up 15% of the mineral vein's revenue to the county and by binding Secretary Zhou and the local finances of Jiangcheng County to him, he could at least fend off a wave of probing.
It now seems that this Mr. Zhao's influence is even greater than he had anticipated.
Or rather...
Chen Mo tapped the table lightly with his fingertips.
It's also possible that Zhou Mingyuan deliberately let him in, wanting to see Xingchen Technology or his trump card.
Others may not know Zhou Mingyuan's background, but Chen Mo does.
This top official of Jiangcheng County is by no means just an ordinary county party secretary.
A few years after his previous life, Zhou Mingyuan rose through the ranks and eventually reached a position that ordinary people could only look up to when they saw news footage of him.
He was a man who could reach the highest levels of government; such a person couldn't possibly fail to see that Zhao Qiming's intentions were not good.
But he still let them come over and had Lin Wan and Liu Xin receive them.
Chen Mo smiled faintly.
Indeed, no one in officialdom is simple.
This matter is neither a big deal nor a small one.
If he were willing to use the Primordial One line, he wouldn't even need to show his face.
A phone call to Chairman Wang of Pengcheng Jiuding will naturally smooth out the connections in the provincial capital.
Do you really think that the 2 billion yuan private equity fund of Taichu No. 1 is just the money of Zexi and Jiuding?
Anyone who could afford to invest tens of millions of yuan to subscribe for private equity shares in 2014 must have had powerful connections behind them.
If even the slightest hint of it gets out, a young master like Zhao Qiming will soon learn what a truly prestigious family is all about.
But in doing so, Chen Mo would inevitably be exposed to some people's attention.
Now is not the time.
His capital and business empire within the country are expanding rapidly.
Overseas, Creation Investment has just begun to take shape, but the Swiss franc black swan event is imminent.
It's not worthwhile to alarm those who are truly in the cloud too early, and it might even have a significant impact on his overseas operations.
Chen Mo placed his phone on the table, his eyes slightly narrowed.
If we don't use the connections from the Primordial Era...
Lu Jingyi's bright and beautiful face appeared in his mind.
There were many rumors about her in the capital circles in her previous life. The Lu family had a deep foundation in Beijing, Shanghai and Hong Kong.
Her background is quite extraordinary; perhaps we can use her to gently remove this eyesore.
But there's no rush.
Chen Mo did not reply to Lin Wan immediately, but only typed a few words:
"I understand. You did a great job. Keep things stable."
……
7 PM.
Merrill Lynch's Hong Kong team arrived at the presidential suite meeting area on time.
Li Lin personally led the team, with the head of institutional derivatives, the foreign exchange trading manager, the compliance and legal counsel, the tax advisor, and the offshore lawyer all sitting on both sides of the long table.
The meeting lasted for more than two hours.
Chen Mo packaged the demand into a European currency hedging portfolio, including the euro, Swiss franc, and pound sterling, and included them all in the observation pool.
He only asked for four things.
Sufficiently high transaction volume and sufficiently fast margin settlement.
Price continuity under extreme market conditions.
And once the institutional account is established, the company can independently sign over-the-counter derivatives trading agreements.
The Merrill Lynch team initially tried to proceed with the process as a regular ultra-high-net-worth client, but they soon discovered that Chen Mo was incredibly familiar with every single clause.
Grace period for recovering margin.
Upper limit of spread under extreme volatility.
Transaction confirmation during periods of liquidity depletion.
Right to terminate early.
Handling the counterparty's breach of contract.
He asked about the most crucial aspects of each question.
Especially regarding the handling of defaults by the counterparty, Chen Mo knew the inherent flaws of these American institutions. If the agreement wasn't clearly explained, when the Swiss franc's credit collapsed and major investment banks suffered margin calls, these institutions might simply pretend to be dead and deny everything.
When the meeting ended, Li Lin even had a layer of sweat on his back.
He finally understood why Lu Jingyi had specifically reminded him before arriving in Hong Kong not to treat Chen Mo as an ordinary client.
9:40 PM.
After the Merrill Lynch team left, the suite became quiet again.
Lu Jingyi knocked on the door and came in.
She was holding a thin folder in her hand.
"Mr. Chen, the preliminary list of shell companies is out."
Chen Mo looked up and said, "Sit."
Lu Jingyi sat down opposite him and pushed the folder towards him.
"As per your request, I screened out companies with excessively high market capitalization, complex debt, abnormally high public shareholding ratios, unclean regulatory records, and overly complicated relationships. In the end, seven companies remained."
Chen Mo opened the file.
The list is very well done.
Each company's information includes its market capitalization, equity structure, controlling shareholder's age, family succession situation, main business, liabilities, litigation, trading volume, and potential transaction difficulty.
He turned the pages one by one, his gaze finally settling on the fourth company.
"Jianing Holdings".
Lu Jingyi nodded: "I also think this one is the most suitable."
She leaned forward slightly, and once she got into the flow, her speaking speed noticeably increased.
"Listed on the main board, with a market capitalization of approximately HK$3.4 million. Its main business is traditional trade and a small amount of commercial property leasing. Business growth has stagnated, but its balance sheet is relatively clean."
"The controlling shareholder, the Gu family, holds 53.2% of the shares. Mr. Gu is 67 years old this year and his health is not very good. His two children are both overseas; one runs an art fund and the other has settled in Canada. Neither of them is very interested in taking over the business."
"The company's transactions have been sluggish for the past three years, and its stock price has been hovering around its net asset value for a long time, with almost no institutional coverage. Most importantly, Gujia has been quietly contacting buyers for the past two years, but their asking price was too high, so no deal was reached."
Chen Mo looked at the documents, a hint of satisfaction appearing in his eyes.
"How much do you want?"
"We had previously hinted that the transfer of control plus a full takeover offer was expected to be worth over HK$500 million," Lu Jingyi said. "But I think that was just a tentative price. If we actually negotiate, it could be under HK$400 million."
"debt?"
"There are no major issues," Lu Jingyi answered decisively. "There is a short-term bank loan and two properties as collateral, but they are not large and can be cleared before the transaction. The lawsuits are only a few ordinary commercial contract disputes, which will not affect the shell company's value."
Chen Mo closed the document.
"That's it. Let's do some preliminary research first."
"clear."
Lu Jingyi looked at him, a hint of a smile in her eyes: "President Chen, are you satisfied with this list?"
"Very satisfied."
Chen Mo glanced at the time: "Haven't you had dinner yet?"
Lu Jingyi paused for a moment, then smiled and said, "If you hadn't mentioned it, I would have almost forgotten."
"Let's go." Chen Mo stood up. "Caprice, let's grab some late-night snacks."
Lu Jingyi's eyes brightened slightly.
Caprice at the Four Seasons Hotel is a very famous Michelin three-star French restaurant in Hong Kong.
It's not that she hasn't been there before.
However, after such an intense meeting, Chen Mo remembered that he had said "I'll treat you to dinner if things go well" before, which inexplicably improved her mood a lot.
"Then I won't stand on ceremony."
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