Chapter 69 In the Acquisition War
After receiving Lei Yunrong's request, HSBC also increased its lobbying efforts to the remaining small shareholders, but the effect was not very good, and it only received less than 3% of the shares in total.
The remaining people bought Qingzhou Yingni's stocks mainly for value investment, and their purpose was to make money, so they didn't give HSBC face if they didn't pay a price they were satisfied with.
There was no other way. HSBC also began to slowly absorb Qingzhou Yingni's stocks in the secondary market, but it was very slow to do so without causing violent fluctuations in the stock price.
Now Lei Yunrong is demanding a quick resolution, so HSBC has also stepped up its efforts to absorb stocks in the stock market.
This resulted in a visible rise in the stock price of Qingzhou Yingni.
Originally, Qingzhou Yingni's stock price had always been very stable. Even due to the major stock market crash and the impact of the general environment, its stock price fell by less than 30%. This is almost halved or even plummeted by 100% for most companies.
A score of more than 70/70 is considered to be much better.
Mainly because Qingzhou Yingni's profits are very stable, its stock price is so strong.
But it is also because its profits are so stable and its stock price has always been stable, with almost no sharp rises in stock prices.
Now some institutions and investors suddenly discovered that Qingzhou Yingni’s stock price has been rising continuously in the past week or so.
From less than three Hong Kong dollars per share, it has now risen to almost four yuan, and its market value has increased by one-third. However, Qingzhou Yingni has not released any good news recently.
Some smart people immediately realized that a big boss was absorbing a large amount of Qingzhou Yingni's stocks.
Although I don’t know if this is another takeover drama, looking at this situation, Qingzhou Yingni’s stock price will definitely continue to rise, so everyone has begun to buy Qingni’s shares.
This seemed to give Qingzhou Yingni's stock price a boost, rising faster and breaking through four Hong Kong dollars at once, attracting more people's attention.
James Caan is smoking a cigar in the company where the chairman of Qingzhou Yingni is running the company, and he can still be seen frowning amidst the smoke.
James Caan is tall, but fat, with very sparse hair, and a typical nose that never sets on a man. He wears a suit with a tie. If you look at him from a certain distance, he looks like a Japanese during World War II.
The twin brothers of fallen Prime Minister Churchill may not have as sharp eyes as Churchill.
James Caan was also worried about whether someone really wanted to acquire Qingzhou Yingni. In fact, he had discovered the abnormality in the stock price a few days ago and immediately arranged for someone to investigate the situation.
Then just in case, James Caan also mobilized all his working capital to secretly acquire stocks.
However, although the Kane family controls the listed company Qingzhou Yingni, the cash they can raise is not much, less than HK$5 million.
The main reason is that Qingzhou Yingni has been stable for decades, and they are accustomed to using the profits they earn to maintain their luxurious life in their hometown.
In fact, many ghosts are like this now, making money in Xiangjiang and then spending or investing locally.
The most typical example is Jardine Matheson, which made a lot of profits in Hong Kong but invested overseas. However, its overseas investment later failed, and it was left with nothing but its pants, and it was dejected and euphemistically called it to return its focus to Hong Kong.
Therefore, these foreign companies that are accustomed to running rampant are able to dominate in Xiangjiang due to special historical reasons. No one will tolerate them outside Xiangjiang.
Having been domineering easily in Xiangjiang for decades, they are no longer good at doing business. After leaving the greenhouse of Xiangjiang and walking outside, they are like chicks. How can they be the opponents of those scumbag men?
Therefore, even if they own so many high-quality assets and companies, they will not be able to operate them. When these companies are transferred to Chinese hands, they will immediately glow with vitality and brilliance.
The reason why this group of Xiangjiang businessmen are so good at doing business is that they fought their way out of the siege under the government's favoritism and foreign banks' suppression. They have all gone through the test of blood and fire.
So after the general environment improves, how can these foreign companies be the opponents of Chinese capital.
But it may also be because of this reason that some of them are particularly paranoid about the pursuit of interests, but they lack a little sense of family and country.
Talking back to James Caan, when he was worried in the office, suddenly his subordinate came over to report and informed him that HSBC was absorbing a large amount of Qingzhou Yingni's stock.
This made James Caan a little surprised. He and HSBC had no intersection or grudge. What's more, they were both British-funded companies. What did he want to do?
"Boss, there is even worse news. Several other shareholders have sold their shares to HSBC. I also learned about it from one of the shareholders. He said that he insisted on standing with the Kane family, so let's take this
The information was revealed to me, otherwise it would be difficult for us to discover that the shares held by HSBC may now exceed 20%."
"What? Do you have asthma? Why don't you finish your sentence at once?"
He was really a little panicked when he heard that the other party already held more than 20% of the shares, which was almost catching up with his own stocks.
James Caan couldn't help but scolded the shareholders who sold the stocks, and the person who leaked the information to him. James Caan also followed the scolding. Everyone didn't know who was, and they didn't want to fight for the greatest benefits.
change.
Finally, not satisfied with his anger, he scolded HSBC again and recounted its dark history one by one.
His subordinates did not dare to say a word when hearing these secrets, and quietly watched the fat man in front of him foaming at the mouth.
Maybe he was tired of scolding, or maybe he noticed that someone else was here, so he stopped spitting out the fragrance, took a deep breath of the cigar, and said:
"You should contact HSBC to ask about the situation and see if you can find out whether HSBC itself is interested in us, Qingzhou Yingni, or whether someone else has entrusted HSBC to operate it."
"Then you contact me the general manager of Standard Chartered Bank and tell me that I have business to discuss with him."
"Okay boss."
Watching his men go out, James Caan also took a deep breath. Facing a weak player like HSBC, he felt a lot of pressure.
Although they are all British-funded companies, Qingzhou Yingni's scale and influence are incomparable to those large companies, and precisely because they are also British-funded companies, they understand the nature of HSBC. If the benefits are large enough, they will
Can sell Queen Victoria's crown.
However, the news from his subordinates was not very optimistic. HSBC refused to disclose the information. This made James Caan angry and helpless, so he could only prepare for the worst.
Fortunately, the communication with Standard Chartered Bank was relatively smooth. Previously, most of Qingzhou Yingni's and his own money were deposited with Standard Chartered Bank, so the relationship between the two parties was not bad.
James Caan borrowed 15 million from Standard Chartered Bank, plus his own 5 million, for a total of 20 million Hong Kong dollars in ammunition to prepare for the battle with HSBC.
Chapter completed!