Started from Hong Kong Island

Chapter 376 374 [Being Sniped]

In fact, the business operations and status of Qinian Newspaper Company are common among companies in Hong Kong today. They all want to speculate on real estate and make a fortune.

Hong Kong's geographical location is indeed superior. It has not only attracted a large influx of residents from the mainland, but also brought a lot of wealth from the Chinese in Southeast Asia into the melting pot of Hong Kong, so buying property and living there has become a trend.

Hong Kong's real estate market is much hotter than the stock market, but the Hong Kong stock market has always had a close connection with real estate, so the Hang Seng Index began to stabilize above 600 points.

In early October, the Changxin Group of Haifu Center Building

Li Wendi looked at the report and asked, "What is the current Hang Seng Index?"

Bai Hui replied, "625.14 points. The recent growth trend is good, much better than in the first half of the year."

Li Wendi thought for a moment and then asked, "How much liquid funds does the investment department have in its account?"

"About 6700 million." Bai Hui didn't understand what Li Wendi meant. Maybe it was some kind of investment.

"Withdraw 6000 million and buy the Hang Seng Index with a x leverage. The Hang Seng Index will surely continue to rise in the next few months. We can take this opportunity to make some money and repay some maturing debts." Li Wendi ordered.

Bai Hui also saw that the stock market had really shown a trend of recovery. The highest point of the Hang Seng Index in 73 was over 1800 points, but now it is only 625 points. There is still room for at least two times of increase, and the group will make a fortune.

"Yes! I will contact the bank immediately and ask them to provide leverage for the project." Bai Hui said.

Li Wendi planned to give the company's management some benefits, and said, "Please prepare for the issuance of new shares. This time, the new shares will be mainly sold to the management of our group and some old and outstanding employees at a par value of 50 yuan per share."

Bai Hui's eyes lit up. Everyone knew that the group's stock price would surely rise sharply. The bull market was coming. Moreover, the stock price of Changxin Group in the market had risen to 64 yuan, and now it was 50 yuan per share. Even if it was sold immediately, a profit of 14 yuan per share could be obtained.

"Then how many new shares should be issued?" Bai Hui asked.

"Go do some statistics and let them subscribe freely. The maximum limit is 70 shares per person."

"Yes!"

After Bai Hui left, Li Wendi thought for a moment. The total stock market turnover in 79 was 256 billion yuan. Even if private individuals and Changxin Group threw in 15 billion yuan, it would only account for about 6% and would not cause much stir.

So, Li Wendi went to CITIC Bank, intending to buy the Hang Seng Index with a capital of 5000 million yuan and a leverage of 5 times, for a total of million yuan.

With such leverage, Li Wendi's loan from Bank of China reached 20 billion yuan, with a monthly interest of 2 million yuan.

William was a little hesitant. As long as the Hang Seng Index fell by more than 20 points, Li Wendi's long position would explode immediately. This was a very risky behavior. He thought that Li Wendi could not pay back the money. After all, the gold that Li Wendi deposited in the headquarters of CITIC Bank was worth billions of Hong Kong dollars.

Seeing his hesitation, Li Wendi said that they could change to another bank for leverage. William had no choice but to agree.

After completing the private investment in CITIC Bank, Li Wendi went to Hengxin Investment Company and asked Chen Dongmei to buy the Hang Seng Index with a capital of 4000 million yuan and a leverage of 4 million yuan.

A few days later
Zhang Yan hurriedly found Li Wendi, "Big trouble! Someone actually dared to snipe my Luckin Coffee Real Estate."

Hearing this, Li Wendi paused and felt puzzled. Although he had reduced his holdings of Luckin Coffee in recent years, he still held about 18% of the shares of Luckin Coffee, and Zhang Yan held about 33% privately, which exceeded 50% of the shares. The sniper tactics did not seem to work.

Zhang Yan quickly explained, “In the first half of the year, I saw that Luckin Coffee’s stock price was good, so I asked the securities company to help me sell 11% of the shares. Now I still hold 22% of the shares.”

"." Li Wendi was stunned for a moment. Isn't this telling others to come and snipe? Zhang Yan has done many sniping cases, and his enemies in Hong Kong are not much less than Li Wendi. Now he only holds 22% of the shares. If others don't come to snipe, when will they come?

"Then what do you want to do? Buy stocks at a high price from the stock market? Or issue new shares through the board of directors? Or buy shares from other shareholders?" Li Wendi asked unhappily.

He was not interested in the whereabouts of the funds cashed out by Zhang Yan. Such a large sum of money must have been used for personal investment.

"I want to set up a new company with you and inject all the shares of Luckin Coffee into this company. Then the new company can hold 40% of the shares of Luckin Coffee. Those people will definitely have concerns, and other things will be easier to handle." Zhang Yan said.

Li Wendi asked, "When you were targeting other companies, didn't you check all the information about the controlling party? They wouldn't know how much we hold in total? Ayan, you are relying on luck."

Li Wendi paused for a moment and continued, "The only way now is to use your funds to buy back the shares before the stock price goes up too much. You must at least get 6% of the shares, otherwise you will be in big trouble."

Zhang Yan's face looked very ugly. It was not that he could not buy 6% of the shares, but he was afraid that he would lose most of the funds he cashed out, and his shareholding would be 5% lower than before.

This is a typical case of throwing away the watermelon to pick up sesame seeds, and Zhang Yan himself is destined to suffer heavy losses.

"What if I negotiate with them? Help them raise the stock price and let them make a fortune." Zhang Yan asked, "Do you think it's feasible?"

Li Wendi laughed and said, "If you admit defeat, it will not only be useless, but will also encourage their arrogance. You will still lose money. Why should you kowtow?"

Zhang Yan naturally understood this truth, but he was too impatient now, and some things were completely obscured by his luck.

“Oh! It seems that we can only mortgage those property loans to acquire Luckin Coffee’s shares.” Zhang Yan sighed.

Li Wendi said, "Things are not that bad. You can announce publicly that we jointly hold more than 40% of the shares, and that Changxin Group will jointly launch an acquisition of Luckin Coffee with your private company. You only need to acquire 5% of the shares before you stop."

"I believe that those shareholders will definitely sell their stocks at a high price, and the enemy will not make much money, because their purpose is not to acquire Luckin Coffee at all, and their mentality is very shaky."

"This is indeed a good idea, but it will still cost you some money." Zhang Yan still didn't want to suffer any losses.

Zhang Yan sold 11% of his shares in Luckin Coffee, cashing in more than 6000 million yuan, allowing a private company to acquire a small commercial building in Wan Chai and a medium-sized commercial building in downtown Kowloon. Based on the current increase, he can make a profit of more than 1000 million yuan.

This is a prime property and Zhang Yan doesn't even want to mortgage it to the bank.

"Who is the other party? How could he snipe you?" Li Wendi asked. It was useless to know who it was. It was just a topic of casual chat.

Zhang Yan hesitated for a moment and said, "He is a Chinese who came from Australia. I heard that he couldn't make it in Australia, so he sold his assets and got tens of millions of dollars. He wanted to build an empire in Hong Kong. I became his token of loyalty."

Li Wendi thought that it was Zhang Yan's enemy, but it turned out to be a newcomer who came back to build his own empire and used Zhang Yan as a stepping stone. He suddenly had an urge to deal with outsiders. Not everyone is Qiu Debao, who can spend billions and tens of millions to make a name for himself. It seems that he underestimates the people of Hong Kong.

"I have a risky plan that can starve this guy to death." Li Wendi said cunningly.

Zhang Yan asked, "What's the plan? Tell me about it."

"Ignore that guy and announce Luckin Coffee's poor financial situation to suppress its stock price," Li Wendi joked.

(End of this chapter)