Start from 1980

Chapter 829

It is ready to challenge the old aristocratic family Guo's Yong'an in an attempt to acquire this long-established enterprise group.

The challenger and the challenged, one is ambitious and fights north and south; the other is dull and conservative.

Strong and weak have been clearly defined.

At this time, Shengshi has developed into a comprehensive super giant giant company. In addition to the original real estate and hotels, its business scope also includes shipping, container terminals, construction projects, film and television entertainment, etc.

Moreover, Shengshi seems to be in every direction in terms of real estate development, retail industry and other diversified development.

Wing On Group was chosen as the target of engulfment because the business of Yong On Group was highly compatible with Shengshi.

During February and March of this year, Wing On Group's stock price rose steadily. There were intermittent reports of a consortium acquiring Wing On Group in the market. However, Wing On Group clarified repeatedly that it did not know the reason for the stock price rise and had no important matters to announce.

Su Chen called Tang Wanru to the office and personally formulated the acquisition war against Yong'an.

Start with the second largest shareholder of Wing On Group, Overseas Chinese Bank of Singapore, acquire the shares in its hands, and then continue to pump water.

Do not directly contact the Guo family, and then release the news, forcing Yongan's shares to rise, and wait for the stock price to fall, and quickly absorb the shares.

At the same time, seize the opportunity to increase the purchase price and break down one by one, so as not to give the Guo family time to strengthen unity and consolidate control.

At that time, the Guo family will sell their flesh and blood and hand over their shares.

Because Su Chen coveted Yong'an for a long time.

Tang Wanru acted quickly, prior to negotiating with Overseas Chinese Bank on equity transfer matters.

As a result, the two parties hit it off, and OCBC sold 18% of Wing On's equity to Golden Age Holdings at a discount price of 11% below the market price, or HK$52 per share, cashing out approximately HK$25 million.

The reason why it was sold so quickly was because the performance of Wing On Group made Singapore's OCBC Bank, the second largest shareholder, deeply dissatisfied, and had long intended to sell its 25% stake.

The next day, OCBC Bank publicly announced that it had sold all of its approximately 4537 million Wing On Group shares to a Chinese consortium in Hong Kong at a price of HK$11 per share, and had officially notified the major shareholder, the Guo family.

Stimulated by this news, Wing On Group's share price soared against the market that day, with an increase of 15%, closing at HK$14 per share.

Everyone is guessing who this Chinese-funded company is.

However, OCBC did not disclose the buyer's information.

Sheng Shi didn't stand up either, and continued to hide underwater to pump water.

After handing over this matter to Tang Wanru, Su Chen was about to leave Hong Kong, because this was a protracted battle and there was no need to stay in Hong Kong.

He is concerned about the construction of lithium battery factories.

At this time, there are already primary products for the development of lithium batteries in China, which are mainly used for manganese dioxide button batteries on electronic calculators.

And a small amount of lithium, iodine and crimp-sealed lithium and sulfur trioxide batteries, and then developed small carbon-packed lithium and sulfurous chloride batteries.

At the same time, it is also researching a safe and reliable lithium battery that can be used by the military, but it has not been successful.

Just as he was about to go to Shenzhen to join Miranda, a document was sent to him.

Seeing the contents of the document, Su Chen felt a pain in his head, because this document was to invite him to a meeting in the capital.

What kind of meeting are you having?

Of course the economic conference.

Who made him the youngest economist in China, who has the title of "Oriental Wizard" in the United States and the title of "Reference Document" in China. Of course, he is invited to this kind of meeting.

He did not attend the meeting last year, and avoided going there.

But this time the document was sent to him, if he didn't go again, it would not be appropriate.

So Su Chen bid farewell to his wife and children, and embarked on his way back to the capital with his bag on his back.

As soon as he got off the plane, someone came to pick him up.

"Comrade Su, this way please."

"You are?" Su Chen asked curiously.

The visitor smiled and said, "I am a receptionist."

"Then can I go home first?"

"I'm afraid this is not possible, because many leaders and scholars have already come, and food is prepared for the meeting, don't worry."

In desperation, Su Chen had no choice but to follow him to the meeting site by car.

When we got there, we found that many people had come.

In addition to many leaders, there are two economists, Liu Guoguang and Wu Jinglian.

"Comrade Su Chen has been famous many times, and today we finally meet." Two economists, Liu Guoguang and Wu Jinglian, greeted Su Chen.

Su Chen laughed and said: "I'm very glad to meet the seniors. In fact, I am very familiar with everyone's names. Today I finally met."

Several people greeted each other, and Liu Guoguang introduced the leaders present.

After a simple greeting, the meeting begins.

At the meeting, all the leaders agreed to "break through the gate" immediately, but Liu Guoguang disagreed. Wu Jinglian said that the basic truth that Comrade Liu Guoguang said was correct.

Then he cast his eyes on Su Chen: "Comrade Su Chen, what's your opinion?"

Su Chen began to express his opinions: "Thank you leaders for giving me the opportunity to speak, first of all, let's look at a set of data.

At the end of February, the Shanghai Match Factory had a backlog of 2 million boxes of matches in its warehouse, and another 6000 million boxes were produced in March.

However, 3 million boxes of matches were sold within three days after Shanghai adjusted prices in March, and nearly 4000 million boxes of matches produced in April were sold out within three months!

According to media reports, a resident of a certain place bought more than 400 boxes of matches for storage at home.

On April 4, the retail prices of the four main non-staple foodstuffs, pork, vegetables, soy products, and sugar, were lifted, and the subsidies for employees in large and medium-sized cities were changed from hidden subsidies to explicit subsidies.

Starting in May, the prices of pork and other meat in central cities across the country immediately soared by 5%, and the prices of other small commodities quickly followed suit.

Taking Beijing as an example, after the increase of the four major non-staple food products, the rate of price increase soon exceeded the regulations stipulated in the document.

猪肉由每市斤2.5元涨至4.9元，鸡蛋由每市斤1.5元涨到2.7元，西红柿价格在最高时竟卖到8元/斤！
Not only that, most of the commodities other than the four main non-staple foods also took the opportunity to increase their prices. "

Everyone is confused, we are asking you to express your opinion, why are you mentioning this data?
Su Chen continued: "In addition to the above panic buying, what's more serious is that in the large-scale panic buying, a lot of cash should have been returned to the bank. In fact, the bank received very little cash back. On the contrary, the panic buying still It caused a large-scale squeeze on savings deposits."

"Once a large amount of bank deposits are raised to snap up commodities, and the production of enterprises cannot keep up, it will lead to a serious shortage of commodity supply."

Wu Jinglian and Liu Guoguang agreed with Su Chen's statement, and they all agreed that the lessons of South Korea must be learned.

However, the leaders do not agree with this opinion.

As a result, fierce debates took place between several scholars and the leaders, so that they blushed and their necks were thick, and more than a dozen ministers looked at each other in blank dismay.

……

After returning home, when Xue Fang saw him, she was very surprised: "Why did you come back at this time?"

"Don't mention it." Su Chen shook his head, "I came back and had an urgent meeting, and I have to have a meeting tomorrow, so what, where's your sister?"

"My sister took the child back to her hometown this morning." Xue Fang said, "I guess I won't be back until tomorrow or the day after tomorrow. Have you eaten yet? I'll get you something to eat."

"Okay." Su Chen nodded.

Taking advantage of Xue Fang's spare time, Su Chen immersed himself in writing an article.

For this pass, he just came back to make a living.

But you can use this time to find Director Wu to ask someone to go to Hong Kong.

Before the article was finished, there was a loud noise behind him. Looking back, Xue Fang was curled up on the ground with a face of pain covering her stomach...

(End of this chapter)