Chapter 33: It’s not a deep hatred, but I am angry.
Peninsula Hotel Hong Kong.
"Then it's settled. If Haoran Technology has the opportunity to be listed on the Hong Kong stock market in the future, I will have to leave it to Liu Daban for the IPO."
Qin Hao sent a middle-aged man about fifty years old out of the room.
"It's easy to talk about. Don't worry, Mr. Qin. The 1.5 billion Hong Kong dollars will be available within three days. Our Citibank will definitely satisfy Mr. Qin in terms of services and fees."
General Manager Liu, who is half American, said with a smile.
After seeing off Manager Liu, Qin Hao closed the door and came to the window, looking at the night view of Hong Kong in the distance and stretching.
This is his third day in Hong Kong.
During these three days, he met with the general managers of major banks, pledged 50% of his Haoran Technology shares, and obtained a loan of 200 million US dollars, which converted to almost 1.5 billion Hong Kong dollars. He was the one who leveraged this money
Yang's real estate bargaining chip.
As of the weekend closing of Hong Kong stocks three days ago, the market value of Yang's Properties had fallen by 9.3%, leaving a market value of HK$10.88 billion.
Mainland real estate control policies still have a great impact on mainland real estate companies in Hong Kong stocks. Coupled with the central bank's just-announced interest rate hike policy, the stock price of Yang's Real Estate has been crumbling under the heavy blow.
"Everything is ready, all we need is the east wind."
The next day, at 9:30, Hong Kong stocks officially opened.
The stock price of Yang's Real Estate fell slightly, but soon some small selling orders were taken, which had little impact on the stock price of Yang's Real Estate.
At the same time, Yang's Real Estate also released good news and announced its third quarter financial report. According to the financial report, Yang's Real Estate's overall turnover in the third quarter was HK$3.5 billion, and its quarterly profit reached HK$280 million, which is a considerable amount.
The good results quickly stabilized market confidence.
In the next two days, the stock price of Yang's Real Estate bucked the trend and rose. Although the rate of increase was not too much, it was able to achieve such results in an environment of overall sharp decline, which made Yang's Real Estate gain a lot of attention.
At this time, some Hong Kong investors began to try to buy this stock.
This has also directly caused the market value of Yang's Real Estate to not only return to the HK$12 billion mark, but also to move to a higher level.
However, a week later, when the market value of Yang's Real Estate rose to HK$14 billion, negative news about Yang's Real Estate began to appear in some Hong Kong newspapers. These news revealed that Yang's Real Estate's third quarter financial report was fraudulent, and the actual sales
The amount and profit were not as much as announced in the financial report, and some other violations of Yang Real Estate were also pointed out.
Although these newspapers are all tabloids, and their individual circulation is not too large, they cannot stand up to the large number. Some investors began to waver when they saw this. Confidence in this thing is quite fragile. If you don’t have it, it will be gone. For small investors
For them, any disturbance is enough to make them run away in advance.
Therefore, after a week of rising prices, Yang's Real Estate experienced a sharp decline. From its peak market value of 15 billion, it fell directly to 10.1 billion Hong Kong dollars. The drop seemed quite scary.
Qin Hao had already taken the opportunity to convert the 1.5 billion Hong Kong dollars in his hand into "chips". He had previously contributed to the rise of Yang's real estate for a week, and then released gossip to suppress the stock price, just to cash in at the high level and buy the bottom at the same time.
After such a change of hands, Qin Hao made a total of 300 million Hong Kong dollars. Of course, his main goal was not to make money, but to block Yang's real estate.
Seeing the stock price plummet, Yang's Real Estate was busy refuting the rumors while raising funds to be ready to support the bottom line.
However, refuting rumors is not that simple. Hong Kong stock investors actually don’t know much about mainland companies. Once a stereotype is formed, it is difficult to reverse it. Moreover, it cannot be said that Yang’s Real Estate’s financial report has no problems at all. In fact, the financial reports of listed companies cannot stand.
If there is no problem, everyone will pretend not to see it. If it explodes and tries to cover it, it won't be that easy.
When the market value of Yang's Properties fell below HK$10 billion, Yang's Properties had to announce a stock buyback plan to calm investor sentiment.
With the announcement of Yang's Real Estate's HK$500 million buyback plan, Yang's Real Estate's stock price did rise, but most investors still adopt a wait-and-see attitude.
What makes Yang's Real Estate feel even more wrong is that after the completion of the HK$500 million repurchase plan, the market value of Yang's Real Estate still hovers at HK$10 billion, and occasionally falls below HK$10 billion. This makes the helmsman of Yang's Real Estate
Yang Zhenhua suddenly had an ominous premonition.
As he expected, when the Hong Kong stock market opened the next day, the share price of Yang's Real Estate plummeted by 6% in just one hour. There was a large number of selling orders in the market and no one took the orders, which caused a panic in the market. A large number of retail investors could no longer
I no longer wanted to wait and see, so I quickly started selling at low prices and leaving the market.
In just one morning, the market value of Yang's Real Estate fell below the HK$8 billion mark, which made Yang Zhenhua sleepless. Yang's Real Estate went public in Hong Kong to raise funds, so he pledged a large number of Yang's Real Estate shares in exchange for
In cash, once the stock price of Yang's Real Estate falls below the safety line, the margin must be replenished by the financial institution. Otherwise, the financial institution will sell it for its own interest. At that time, not only will Yang's Real Estate be unprotected, but he will also owe huge debts.
.
At this point, Yang Zhenhua could only bite the bullet and raise funds to buy back shares to save the market.
As everyone knows, during this process, Qin Hao once again completed a change of hands. The previous 1.8 billion Hong Kong dollars became 2.5 billion Hong Kong dollars. After that, Qin Hao began to buy a large amount of Yang's Real Estate stocks in the market. In just one day,
If it exceeds 5%, according to Hong Kong stock regulations, a placard announcement is required.
At this time, Yang Zhenhua knew who the opponent he was facing was not because he was ill-informed, but because Qin Hao was too unfamiliar with the Hong Kong stock market.
After raising the placard, Qin Hao no longer had any scruples and began to compete with Yang Zhenhua in the stock market for Yang's Real Estate shares.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Yang Zhenhua was not sure for a while, whether Qin Hao wanted to compete for control of Yang's real estate, or whether he wanted to take advantage of it, so he took the opportunity to make a fortune.
However, Yang Zhenhua soon understood Qin Hao's intention, because in just two days, Qin Hao's Yang Real Estate shares accounted for 23.2% of the total shares, becoming the second largest shareholder of Yang Real Estate.
As long as he is allowed to acquire another 6.8% of the shares, a general tender offer can be launched.
Now Yang Zhenhua is completely panicked. Once Qin Hao launches a comprehensive tender offer, he is likely to lose control of Yang's real estate. This is not the most terrifying thing. In recent years, he has bribed some officials' families through the Yang Group.
It will be exposed. At that time, not only the Yang's real estate, but all the Yang family's properties will be affected.
Yang Zhenhua had to find Qin Hao through an intermediary.
"There's no need for polite words. If Mr. Yang has something to do with me, just tell me."
Yang Zhenhua was surprised by Qin Hao's youth, and at the same time he was puzzled: "Mr. Qin has a grudge against the Yang family?"
"It's a bit of a festival, but not a deep hatred." Qin Hao said lightly.
Yang Zhenhua was even more puzzled: "Since it's not a deep hatred, why are you targeting Yang's Real Estate like this?"
"Because, I want to see if your son Yang Cheng can still be as arrogant as before without the aura of the rich second generation." After Qin Hao finished speaking, he ignored Yang Zhenhua's reaction and stood up to leave.
Only then did Yang Zhenhua realize that it was his precious son who was causing the trouble, so he called Yang Cheng and scolded him. As a result, Yang Cheng also complained about him, and the two parties started to choke on the phone. Naturally, Yang's mother
He stood on his son's side and scolded Yang Zhenhua for a while.
"Just protect your precious son. I tell you, the Yang family is going to be finished soon. You can wait and finish playing together!"
That being said, Yang Zhenhua did not intend to surrender and raise funds everywhere to compete with Qin Hao in the stock market. However, after several long and short sales, Qin Hao's cash flow was far more abundant than that of Yang Zhenhua.
Months later, the remaining 6.8% shares of Yang's Real Estate were acquired from some small shareholders.
As Qin Hao launched a comprehensive tender offer, the remaining small shareholders of Yang Real Estate also turned against each other. After a board resolution, Yang Zhenhua was removed from the position of chairman of the board of directors of Yang Real Estate, and Qin Hao was elected as the new chairman of the board of directors.
After Qin Hao took control of Yang's Real Estate, he immediately conducted an internal audit and found that Yang Zhenhua and his family members had used Yang's Real Estate to conduct many shady secret operations. As these evidences were sent back to the mainland, the Yang family also faced a comprehensive investigation. Yang Zhenhua
My personal freedom has also been restricted. What awaits him are six major crimes including fraudulent issuance, financial fraud, and insider trading. The person prosecuting him is none other than Yang's Real Estate.
After this battle, Qin Hao became famous in Hong Kong's financial circle and was nicknamed the "little sniper of Hong Kong stocks". The title of "sniper" was naturally the nickname of the female star harvester "Da Liu".
Interestingly, when Qin Hao was looking for a buyer for Yang's real estate, "Da Liu" actually came to the door.
"Mr. Qin, we are looking for a buyer anyway, why not sell it to me."
Qin Hao was a little curious: "Mr. Liu is also optimistic about mainland real estate?"
"Of course, in fact, I started investing in the mainland in 1998. The asset size of Chengdu alone exceeds 10 billion, and Yang's Real Estate does have many high-quality assets. Why not do profitable transactions?" Liu said with a smile.
"I'm a little curious, why did Mr. Qin go to such great lengths to get control of Yang's Real Estate and now want to sell it?"
Qin Hao said sternly: "The main reason is that I don't have enough energy. If you want to be in the real estate industry in the mainland, you need to deal with all kinds of people. I don't have such connections, and Haoran Technology has already involved most of my energy. I really don't have any energy to waste."
In dealing with various relationships.”
Liu had no doubts. He had inquired about Qin Hao's information before coming. In his opinion, Qin Hao, a person who uses the Internet to quickly complete primitive accumulation, still has insufficient background.
However, he admired that Qin Hao could still recognize himself after his great victory.
"Then leave Yang's Real Estate to me, and I promise to give you a satisfactory price."
"Then I wish us a happy cooperation."
When he left Hong Kong, Qin Hao's bank account had an extra US$300 million. All the previously pledged shares of Haoran Technology had been released, and all the funds raised through a comprehensive tender offer had been repaid.
Qin Haochun earned US$300 million during this trip to Hong Kong.
…
Beijing, Beiqing Canteen.
"Hey, have you heard? Yang Cheng's family has collapsed."
"Who is Yang Cheng?"
"Who else could it be, the playboy who drives a Bumblebee sports car and picks up girls in school all day long?"
"Oh, it turns out it's him. I heard that he changes girlfriends as fast as he changes his shoes. He deserves to be beaten."
Xu Lin listened to the discussion of the girls at the table behind him and subconsciously looked at Xie Qiao.
Xie Qiao hesitated for a moment, but couldn't help but turned around and asked: "Classmate, what did you just say about Yang Cheng?"
"Hey, that scumbag's family is bankrupt, and the sports car he drove before was towed away."
"Isn't that right? It is said that he was pursuing a girl downstairs in the girls' dormitory at that time. Many people saw it and took photos and posted them online."
Back in the dormitory, I looked through the posts on the Shuimu Beiqing Forum.
Xu Lin said in an incredible tone: "Isn't it that Yang Cheng's family is quite rich, but they actually went bankrupt just because they said they were bankrupt."
"It seems like this business is quite risky. Should we remind Lao Qin and Qian Xi not to be so aggressive?"
"Xie Qiao, what are you thinking about?"
Xie Qiao shook his head: "Nothing, I was just wondering why Yang Cheng's family suddenly went bankrupt."
"Didn't the post say that their family obtained a lot of illegitimate benefits through bribery and was liquidated?" Xu Lin said casually.
Xie Qiao frowned for a long time and suddenly said: "Do you think it has something to do with Lao Qin?"
"Old Qin? It shouldn't be possible, right? Didn't Old Qin go to Hong Kong?"
"But, didn't the post also say that the Yang family has a listed company in Hong Kong?"
Xu Lin was dumbfounded: "You mean, Lao Qin bankrupted the Yang Cheng family just to vent his anger on Qian Xi?"
"I...I just said it casually." Xie Qiao also felt that this idea was too bold.
Villa group in Xicheng District, Beijing.
In the Yang family villa, Yang's mother was sitting on the sofa under clouds, and the furniture around her had been covered with dust covers.
Yang Cheng broke in angrily and yelled at the law enforcement officers: "What are you doing? Who let you enter my house?"
"Sir, please don't hinder us from carrying out our official duties..."
Before the law enforcement officers could finish speaking, Yang Cheng pushed him away. Seeing this, Yang's mother quickly stepped forward to stop him.
"Sorry, my son is a little excited. He and I will move out immediately."
Yang Cheng yelled at his mother: "Mom, what's going on? Why was our home sealed and my car towed away? What happened?"
"Our family is bankrupt. Xiaocheng will have to work hard for you to live a hard life for a few years, but it doesn't matter. Mom will find a way..."
Yang Cheng's feet went weak and he collapsed to the ground: "How could it be bankrupt? Isn't our family very rich? Why is it bankrupt? Where is my dad? Where is he? I want to ask him to find out. He promised me the quality of life.