The king of ghost horse comedy

Chapter 569 Rumors Are Flying

Although the Xu Group has grown from scratch and only developed for a few years, it has already left a very deep impression on the hearts of Hong Kong people.Whether it is free newspapers, cheap goods, luxury theaters, wonderful movies, beautiful music, high-quality idols, popular stars have deeply affected people's lives.

However, Xu's has only developed for a few years from scratch, and its market value has surpassed Wheelock, Wharf and other old British foreign firms, and it also holds a considerable part of the shares of Hutchison Whampoa. Such a huge net worth, so fast The speed of its rise has also amazed the citizens of Hong Kong.

People in Hong Kong would say, "Hong Kong is a place where miracles happen." There are many precedents of penniless poor boys growing into rich men, but Hong Kong is the only one that has risen so fast like the Xu family.

The inspirational stories of the Xu family, especially Xu Guanwu, have long spread throughout the streets and alleys of Hong Kong, and are worshiped by countless people as the God of Wealth. The stock market will be so hot, people are pointing to Xu Guanwu to lead them to make a lot of money.

But now the head of Xu's Group said he would stop playing if he didn't play, and retired when he said he would retire. Hearing the news, the stock of Xu's Supermarket fell immediately, and soon changed from the previous 12 yuan per share, one day It dropped to 5.00 yuan per share, a drop of more than [-]%.Affected by this, the Hong Kong stock market also fell in response. The Hang Seng Index plummeted [-] points that day, a drop of [-]%.

The reason why Xu Guanwu retired also caused a lot of speculation in the market. Some speculated that the Xu family had internal strife, and Xu Guanwu was held by his brothers, so he had to give up the position of head; Strange disease, knowing that his life is not long, so he chose to abdicate as soon as possible; also said that Xu Guanwu's two wives made too much trouble, Xu Guanwu was frequently hurt by love, so he decided to retire and planned to return to the mountains and forests someday; They have a close relationship, and have received rumors that the North will take back Hong Kong in the near future, so they want to gradually transfer capital overseas...

All kinds of speculations are hustle and bustle, all kinds of gossip, rumors and scandals are flying everywhere.Some irresponsible tabloids also selected the most widely circulated rumors in the market, and after a little artistic processing, they attached specious so-called "testimonies" to become a special edition of "Xu Guanwu's Retirement Inside Story", and it is said that Sales are also very good.

What is surprising is that although rumors are flying all over the sky, the stock price of Xu's Supermarket has continued to fall, but Xu's Group has always remained silent, not even an announcement clarifying the truth.Their silent performance was immediately regarded as acquiescing, "If there is no ghost in your heart, why don't you come out and explain it clearly, it is obvious that there is something on your body that can't be wiped clean."

Affected by this, the rumors in the market became more and more absurd, and a book of "A Hundred Thousand Whys" could be published.The stock price of Xu's supermarket also fell all the way, causing small and medium shareholders to complain.At the beginning, they believed in Xu Guanwu's investment vision, so everyone rushed to buy the shares of Xu's Supermarket, which made it more than 20 times in one year from only a few cents, and was called the magic stock among the magic stocks. share.But I didn't expect Xu Guanwu to leave without even saying hello, which suddenly made the small and medium shareholders lose hope.

It's just that when the small and medium shareholders began to frantically sell the shares of Xu's Supermarket, many institutions began to quietly absorb this stock.One of them was naturally Xu Guanwu, and the origins of the others could not be found out.

The reason why Xu Guanwu allowed the rumors to fly all over the sky and allowed the shares of Xu's supermarkets to plummet all the way was to buy back the previously issued shares.The outside world now has more than [-]% of Xu's shares (there were two rights issues to raise funds after that), and Xu's group only controlled [-]% of the shares. If Xu Guanwu didn't have [-]% of the shares, the company would have already been owned by someone else up.Therefore, in order to stabilize the control of Xu's supermarket, Xu Guanwu had to repurchase a large number of stocks.Now that the stock price is hovering around [-] yuan per share, it is time to buy the bottom.

It's just that Xu Guanwu didn't expect that other institutions were also interested in Xu's Supermarket. While buying stocks at the bottom, he also found that many institutions were also competing with Xu Guanwu, as if they wanted to compete for the controlling stake in Xu's Supermarket.Fortunately, these major institutions are quietly absorbing, and there is no direct throughput with much fanfare, so they did not attract the attention of the market for a while. Otherwise, the market will rise after hearing the news, and Xu Guanwu will definitely spend hundreds of millions more Hong Kong dollars.

……

Just after Xu Guanwu announced his retirement, HSBC, Hutchison Whampoa, Cheung Kong, Hopewell Properties, Henderson Land Development, and other close business partners of Xu Guanwu also called to inquire about the matter.After all, the change of head of the Xu Group will have a great impact on them.In particular, several companies such as Hutchison Whampoa, Cheung Kong, Hopewell Properties, and Henderson Land are particularly nervous, because Xu Guanwu holds a large number of their stocks. He doesn't know what will happen to the stocks after he retires?If not handled properly, these companies will face disaster.After all, with Xu Guanwu's shareholding, he can completely control the overall situation of the company.If the entrusted non-person messes around with voting rights, these companies are likely to go bankrupt.

Xu Guanwu knew the reason for their call, and there was nothing he could not say about the reason for his retirement, and keeping silent to the outside world was just another conspiracy.So I explained to them the reason why I did this on the phone. I heard that Xu Guanwu didn't really ignore the matter at all, but just spent more time in the United States to take care of business. These people expressed their understanding and support.

In the past two years, Hong Kong real estate developers have also begun to develop outward. Nearby Southeast Asian countries such as Malaysia and Singapore, and faraway countries such as Canada and the United Kingdom are the main directions for the development of Hong Kong businessmen.Now that the world economy is recovering, real estate markets around the world are beginning to develop, especially since these countries are Commonwealth countries, the laws and human relationships are basically similar, so it is most suitable for Hong Kong real estate developers to develop.

And Xu Guanwu has his own property in the United States, and they already knew it.Although I don't know how big the scale is there, but just looking at the super high box office of hundreds of millions of dollars earned by the movies invested by Xu Guanwu every year, we know that the scale of the industry in the United States must be not small, even larger than that in Hong Kong. Xu's group is even bigger.And Xu Guanwu put aside the well-developed Xu Group and turned to develop American industries. This is the approach they have always used, and there is nothing worthy of discussion.

Li Jiacheng was the chairman of Cheung Kong before. After the acquisition of Hutchison Whampoa, he has now focused his energy on Hutchison, and Cheung Kong has handed it over to his most trusted right-hand man.Otherwise, the two listed companies have overlapping jobs, even if he is spared to work 24 hours a day, he still can't finish it.

……

After securing a group of business partners, Xu Guanwu began to live a leisurely life as a family man. Every day he either teased his children and coaxed his wife, or watched TV and read books. He lived a relaxed and comfortable life.

While he was enjoying the family happiness, the cleaning activities were going on within the Xu Group.After Xu Guanwu resigned, anyone who spread rumors and disturbed the hearts of the people in the company will be dismissed.A vegetarian meal in the corpse position, and those who lack the ability will all be dismissed.Anyone who embezzles public funds or uses public equipment for private use will be dismissed from office. ...

The so-called new style of personnel and new style, when Xu Guanwu was the head of the Xu Group, he adopted a policy of appeasement, just like Richard and David, knowing that they would steal money, but as long as Xu Guanwu will not pursue the film if it is well done.As a result, many people have naturally become guilty, and silverfish have appeared in many fields such as props, clothing, and procurement.

It's just that when reporting to Xu Guanwu in the past, Xu Guanwu did not give a very serious punishment after considering the situation as appropriate. After all, many of them are veterans who grew up with the company.This also made them more courageous. According to incomplete estimates, the money embezzled and wasted by these silverfish over the years has reached as much as hundreds of millions of Hong Kong dollars, which is an astonishing amount.

If it was changed to another company, it would have collapsed long ago, just because Xu's growth has been faster these years, so this loss is nothing, it's just scabies.But now that the Xu Group has a new leader, they immediately sacrificed these moths to the guillotine. Within a week, more than 40 middle and high-level employees were fired, and some of them were almost selected as candidates for the seven-member group.

Such a large-scale and high-intensity cleaning work also caused a chilling effect within the Xu Corporation. For a while, the company took on a completely new look, showing a completely different aura from when Xu Guanwu was in power.The group of seven also established their own authority through this, and became the head of the well-known Xu Group.

……

Just when the cleaning activities reached their peak, the war between Xu Guanwu and other organizations to snap up Xu's supermarkets also entered a fierce stage.At this time, Xu Guanwu had already grabbed [-]% of the stocks, plus the previous [-]% and Xu's supermarket own [-]%, he already owned [-]% of the stocks, but Xu Guanwu still felt a little dissatisfied .Because he originally wanted to repurchase more than [-]% of the stocks, so that not only can he firmly hold Xu's supermarket in his hands, but also he will own the largest part of the future profits of Hong Kong's real estate market.

Unexpectedly, due to the snap-up of other institutions, his plan has gone bankrupt, and now the original planned acquisition plan has only been carried out for less than one-third.At present, only [-]% of the stocks in the market are still in circulation.

Moreover, the phenomenon that Xu's supermarket stocks are only bought but not sold has also attracted people's attention. Many people know that there are big institutions buying bottoms, so the stocks in their hands have also begun to be covered up and not sold, making Xu Guanwu's next move The one-step acquisition action was in vain.In view of this, Xu Guanwu had no choice but to suggest Xu Zhudi to issue an announcement, announcing that Xu's Supermarket would repurchase part of the stock at a price of [-] yuan per share, boosting the currently depressed stock of Xu's Supermarket.

The shares of Xu's Supermarket rose accordingly, and within a day it had risen back to 5000 yuan per share.If you want to continue the acquisition at this time, it will be at least [-] million Hong Kong dollars more than the previous budget.Although there are many rich people in Hong Kong, there are not many people with [-] million Hong Kong dollars in cash.Li Jiacheng controls a company as large as Hutchison Whampoa, with a market value of more than one billion US dollars and a working capital of only tens of millions of Hong Kong dollars. If he really wants to make an investment, he often needs to borrow money from HSBC.

There is a joke on Wall Street that the only poor left are stocks, which refers to this matter.It is one thing to be worth hundreds of millions of dollars, but the real cash that can be mobilized is sometimes even less than a million dollars.

Xu's Supermarket finally repurchased [-]% of the shares for [-] million Hong Kong dollars, thus holding more than [-]% of the shares in its hands, achieving absolute control.Seeing this situation, several other institutions that secretly bought stocks also sold their stocks.Although the acquisition of Xu's Supermarket was not completed, they bought the bottom and sold it at a high price, which also made a lot of money.

After they sold their shares, Xu's supermarket also announced the end of the buyback.The original big dealers retreated, and Xu's Supermarket stopped buying back, which immediately caused the stock price to fall back to around five yuan.A group of stockholders who were holding their hands and refused to sell before complained again, and Xu Guanwu started to buy the bottom at this time, making the stock in his hand reach more than [-]% again.

(End of this chapter)