Putting down his cell phone, Xiao Qi handled official duties calmly and from time to time, calling Chengdu and the United States to communicate about laboratory matters.
When I saw a message in the e-mail, I smiled slightly and turned on the hotel's satellite TV.
In China, it is illegal to install pot lids without permission. Only these high-end hotels can blatantly set up huge pot lids on their top floors to receive TV programs from all over the world - of course, they are also filtered
.
After tuning into the Phoenix News Channel, the beautiful female anchor was loudly broadcasting the news in a manner similar to an orgasm, with her eyes shining and her cheeks flushed.
Affected by the sharp fall in European and American stock markets, the affected Hong Kong stock market was even more unable to resist than them. The Hang Seng Index, which had already exceeded 25,000 points in the past few days, plummeted by more than 3,700 points and closed at 2,130 points.
The total decline exceeded 18%.
Since the Asian financial crisis in 1997, Hong Kong has rarely seen such a continuous plunge. People are full of panic. Many celebrities and experts have come out to support the Hong Kong stock market and sing that Hong Kong will be better tomorrow, but with little effect.
——Hong Kong people are very smart and have long passed the age of being easily fooled. They will despise anyone who talks nonsense.
If you want to save the Hong Kong stock market, you have to come up with something hard.
The huge good news announced by Li Xiaochao on Sunday took half a day of preparation and fermentation. After the market opened half an hour later on Monday night, the total number of shares expanded to 5 billion shares. The price of each share of Mingxing Electronics was 8 yuan, and it immediately met with crazy pursuit.
Last night, the senior management of Changshi Group secretly confirmed that Li Xiaochao spent about 32 billion Hong Kong dollars on the purchase of Youyi United Holdings. Not counting the two major orders, the net assets of Mingxing Electronics Company reached more than 32 billion.
.
Calculating it this way, diluted with a total market value of 40 billion, it is definitely a truly conscience price.
While having dinner with the Li family at noon yesterday, Xiao Qi heard Li Chaoren talk about why he chose this price and why he urgently wanted to go public.
It stands to reason that now is obviously a time of financial turmoil. If you wait a few months until the situation stabilizes before announcing asset injections and diluting shares, then Li Xiaochao will definitely gain more wealth!
But Li Chaoren persuaded his son to go public as soon as possible. The reason is that in the PCCW acquisition case in the past few years, too many people were tricked by Li Xiaochao. All investors who bought PCCW had their assets reduced by at least 50%.
, which made Hong Kong stock investors hate Li Xiaochao deeply.
In the future, Li Xiaochao will definitely not be able to continue to cheat and deceive, so in order to establish a positive image of himself, he must stand up in times of crisis and inject a boost into the Hong Kong stock market, letting them feel Li Xiaochao's determination and courage to lift the market.
Given the current popularity of Fairy Company concept stocks, Star Electronics, which has several major orders, is valued at HK$40 billion, which is definitely not high, or even very low, with a price-to-earnings ratio of about 10 times. Far lower than the 20 times of Hong Kong large-cap stocks.
times, even lower than 50 times of GEM!
Set the price a little lower to let everyone know that Li Xiaochao is not a greedy person.
But in fact, after putting it on the stock market, are we still afraid that good stocks will be buried?
It will definitely return to its due value!
So is there any need to be the bad guy in advance?
It’s totally useless!
Ginger is still spicier.
Sure enough, as soon as the market opened today, Li Chaoren's statement was confirmed.
The stock price stayed at 8 yuan for just one second, then 8.5...9...10...12...15...the stock price soared to 22.61 Hong Kong dollars. The market value directly exceeded 100 billion Hong Kong dollars, and then slowly began to fall back.
But when the market closed in the afternoon, Mingxing Electronics' stock price still stood proudly at 18.58 Hong Kong dollars, an increase of more than 232%, and the total market value was 92.9 billion Hong Kong dollars. It was very eye-catching.
You know, according to the notification from the Hong Kong Stock Exchange, Li Xiaochao will release 10 million shares every 10 minutes, and a total of 240 million shares will be released in 4 hours. The total transaction limit is 5% of the total number of shares, and the total transaction amount has reached 50
HK$100 million, it is really commendable to maintain such an increase.
PCCW shares, which have already hit rock bottom, also surged 8% today, the largest gain in six months.
Many investment institutions came out to speak, claiming that the shares released by Li Xiaochao were too few and that he could be bolder and more liberal.
Merrill Lynch's target price for Star Electronics was directly raised to HK$25.
The Securities Department of JPMorgan Chase also revised the rating from "recommendation to buy" to "strong recommendation to buy".
Affected by the excitement of Mingxing Electronics, and coupled with the good news released by several giants such as Cheung Kong Group, New Henderson, and New Century Real Estate Company, the Hong Kong stock market miraculously stopped falling, and the stock index rose by more than 1% in one day.
A sharp rise of 220 points.
However, Li Xiaochao has become much smarter now. As soon as the stock market closed, he announced that he had promised Mr. Xiao Qi that he would hold Mingxing Electronics stocks for a long time. In the next two weeks, he would release up to 15 more shares.
% of the stocks, we will no longer consider letting the stocks in our hands appear on the tradable shares.
This is where the Li family is smart.
They don't like Xiao Qi's 100% shareholding. Basically, more than 50% is enough.
However, Mingxing Electronics is now a new type of asset injection, and all external confidence comes from Xiao Qi's orders, and its own foundation is not solid.
If Li Xiaochao continues to release his shares in the past few days, after a large number of stocks hit the market, Mingxing Electronics' stock price will continue to fall.
Like now, announcing that only a limited amount of stocks will be released will create a situation where supply exceeds demand, which will be of great help in stabilizing the stock price and stabilizing everyone's confidence.
As for selling some stocks again in exchange for cash to pay off debts, Li Xiaochao will have to wait until Xiao Qi's Dream Stars goes on sale and sells well, then he will reduce his holdings again.
Of course, if there are too few shares in circulation, it will also have a negative effect on maintaining the stock price.
Therefore, the total of about 20% of the stocks released by Li Xiaochao is a very appropriate ratio. At a glance, it is obvious that the cunning Li Chaoren helped him make suggestions.
Having an elder in the family is like having a treasure!
Not only within the Li family, but also within the entire huge Cheung Kong Group, Li Chaoren is an irreplaceable pillar. Once he has any health problems, the Cheung Kong Group will be panicked.
Everyone is so dependent on this old man, which is probably one of the important reasons why he will not retire even in his 80s!
ps: Please give me a monthly ticket! These days, if you don’t ask for it, you won’t give it to me. It’s too bullying, isn’t it? Please beg! ^_^