my life reset

Chapter 209 It's better not to go public

Chapter 209 It's better not to go public
Chapter 209 It's better not to go public
"Mr. Hu, we have less than 3000 million shares left."

Yu Hongbo took a look at it, and it was almost half sold.

"Well, as much as you can sell, it's best to clear it."

Hu Yang saw that Mingji Holdings Group's stock price had fallen, so he gave an order to liquidate the stock.

This is simply a selling behavior regardless of cost. The closing price of Mingji Holdings fell to 21.63 Hong Kong dollars that day, a single-day drop of more than 20%.

After the whole day, there were less than 1000 million shares left in Hu Yang's hands.

The next day, as soon as the market opened, the Hang Seng Index gapped and opened lower, directly breaking through 9500 points.The stock price of Mingji Holdings also fell below 20 Hong Kong dollars after Populus euphratica was completely liquidated.

Zeng family.

Zeng Xiangqi's father and the directors of Mingji Holding Group are also discussing countermeasures.

"Chairman, we must have been tricked this time. The timing they chose to sell was exactly when the stock price rose against the trend due to favorable rumors. In the past six months, the performance of the Hang Seng Index has not been good, and people's hearts are inherently unstable. Therefore, the opponent's sneak attack will cause such a big impact."

"Chairman, I suggest allocating funds to quickly stabilize the stock price. If it continues to fall like this, the company's market value will shrink by at least half, or even more."

The directors put forward their views one after another.

"The timing is not right to make a move now. The company's stock price has already formed a downward trend. You can't blindly intervene now. If you really want to allocate funds to stabilize the stock price, you have to wait for the stock price to stop falling. Also, you guys go and check, which way is it?" The money is against us?"

Zeng Xiangqi's father is sixty years old, but he has a clear mind and is not confused by the difficulties in front of him.He knows that to deal with a problem, we must first find the root cause, rather than treating the head and feet for the pain.

As a result, the shareholders and executives of Mingji Holding Group took action one after another, trying their best to find the enemy hiding in the dark.

It's just that the Hang Seng Index's decline has been fierce. It broke through 8000 points before the middle of the month, and the lowest hit 7909.13 points before it began to rebound.

Hu Yang sold 8000 empty HSI futures orders at 2700 points, earning 54 index points and a profit of [-] billion Hong Kong dollars.

The stock price of Mingji Holdings has been falling all the way, falling to 12 Hong Kong dollars in just half a month.

Now the stock market as a whole is not good. It is easy for the stock price to fall, but it is extremely difficult to rise up.

Hu Yang told Yu Hongbo not to worry, and slowly bought back the shares of Mingji Holdings above 12 yuan.

In the end, according to Hu Yang's instructions, Yu Hongbo quietly bought back 5000 million shares of Mingji Holdings at an average price of HK$14.6.

The average price of selling 5000 million shares of Mingji Holdings before was 24.2 Hong Kong dollars, with a price difference of 9.6 Hong Kong dollars per share.Returning the stocks of Mingji Holdings to East Asia Securities Hu Yang made a total profit of 4.8 million Hong Kong dollars.

So this time, plus the gains from the Hang Seng Index futures, Populus euphratica made an overall profit of HK$58.8 billion. Excluding securities lending interest and various taxes, the actual profit was HK$58.5 billion.

But for the Zeng family, it wasn't just the shrinking market value of Mingji Holding Group, the company's stock price plunge also caused several large financings to come to naught, and the losses were huge.

Chen Hao's side also gained a lot this time, with a net income of almost 16 billion Hong Kong dollars, and he also let out a sigh of relief for his son.

"Come on, Mr. Hu, I would like to toast you. First of all, I would like to thank you for taking care of Jialin, and secondly, thank you for your plan, which made the Zeng family pay the due price for Zeng Xiangqi's stupidity."

Chen Hao specially invited Hu Yang to have a meal. From the beginning to the end, Chen Hao showed an attitude of discussing friendship with Hu Yang.

Fortunately, Chen Jialin didn't come because his arm was inconvenient, otherwise he might be very embarrassed.

"Uncle, Jialin and I get along very well. If someone touches him, isn't it the same as touching me? Besides, it's fun to make money and hurt the Zeng family at the same time?"

Hu Yang doesn't like Chen Hao very much, he is too sophisticated.But after all, he is Chen Jialin's father, so he still did his best.

As for the middleman, Aqiu, and Zeng Xiangqi herself, Chen Hao said that he would handle it and let Hu Yang leave it alone.

Hu Yang can't control it if he wants to, Xiangjiang is not his home field after all.

The 102.79 billion and 37.765 Hong Kong dollars in the margin account were transferred back to the account of Huijia Trading.After exchanging 13.2 billion U.S. dollars, there are 20.2 billion U.S. dollars in the company's U.S. dollar account.

In the Hong Kong dollar account, 4937.765 million Hong Kong dollars was left.

After Xu Younian in Xiangjiang, he only did a few foreign trade businesses, and the money he earned was basically just enough to cover his daily expenses.

Originally Hu Yang did not intend to enter and exit the Xiangjiang stock market so frequently. In 98, he only planned to do one more transaction, but now it has been completed ahead of schedule.

"Hang Seng Index futures can no longer continue to do, I don't have too many time points in my memory, and the risk will be highlighted if I continue to do it."

At present, international hot money is hovering in Hong Kong. Populus euphratica seems to have a lot of money, but compared with others, it is really not enough.

The current problem is that we need to find a way to invest the funds instead of sitting idle in Xiangjiang.

Of course, it’s fine to spend the money, after all, Xiangjiang trade belongs to Populus euphratica.It's just 20 billion US dollars of funds, how can I spend it all?This is a false proposition.

Back in the deep sea, Populus euphratica did not return directly to Yangcheng, but booked a plane ticket and went directly to Shanghai.

"Mr. Hu, the company's two new factories have almost been completed, and it is estimated that they will be put into production after the Spring Festival."

In the electronic information high-tech park in Shanghai, Hu Yang met Zhang Rulin.At this time, Dr. Zhang was in high spirits, and Xintong International had three factories, which had begun to take shape.

However, compared with the advanced enterprises in the world and in the industry, the gap is not small.Not to mention the process technology, but to talk about the yield rate, which is not of the same order of magnitude as Teclast and Intel.

There is no way to solve this problem all at once, we can only continue to increase investment and strive to catch up.

"Dr. Zhang, the current financial situation of the company is not very optimistic. Do you have any ideas?"

The semiconductor industry is a technology-intensive and capital-intensive industry.After the construction of the three factories, Xintong International's funds are very tight.

Zhang Rulin nodded with a smile, and said, "I have a plan to go public within two years. The goal is the NASDAQ in the United States and the Hong Kong Stock Exchange."

Hu Yang remembers that in that time and space, Xintong International was listed on NASDAQ and the Stock Exchange at the same time four years after its establishment.In other words, based on historical experience, the company still lacks funds for at least the past two years.

"Dr. Zhang, the road to listing is long and arduous. If it doesn't work, the company can still increase capital and share. Moreover, I don't recommend going public on NASDAQ. If possible, the company had better not go public."

Hu Yang came to Shanghai this time, in fact, he wanted to talk to Zhang Rulin about capital increase and share expansion.It’s not that going public is not good, but when you go public overseas, you will often be controlled by others.For example, in the previous life, Teclast sued Xintong International in the United States. After Xintong International lost the lawsuit, it suffered heavy losses.

In fact, there are very powerful domestic companies that are unwilling to go public.For example, HW, such as WA Haha, etc., have not been listed for financing.

"Capital increase and share expansion? Is Mr. Hu's financial strength so strong? Anyway, I have promised you that after the last round of capital increase and share expansion, I will no longer consider this path. After all, shareholders' funds are limited. So, I I have given up this idea and can only wait for the company to go public to raise funds in the future.”

Zhang Rulin spread his hands, expressing that he was helpless.

Shareholders have their own interests, and if capital and shares are increased, it is estimated that most shareholders will oppose it.But going public is different. If a company's shares are sought after by investors after going public, the value of shareholders will double in an instant.

"Dr. Zhang, try to convince them. After all, production and R&D are expensive, and the listing is still far away."

Hu Yang didn't expect to be able to persuade Zhang Rulin once, so he would say hello to him first, and then talk about it when there is a problem with the company's funds.

"Well, when the time is right, I'll bring it up."

Zhang Rulin is very grateful to Hu Yang, the company's development is inseparable from the support of shareholders, especially the support of shareholders with financial strength.

"By the way, Dr. Zhang, you brought many of the company's technical backbones here, right? I don't know technology, but I heard that many engineers have worked in Taipower before. Will we fall into other people's technology? Patent trap?"

Hu Yang's words were very euphemistic, but he believed that Zhang Rulin could understand.

In my memory, Zhang Rulin did not lead NTS International to the end, but was forced to leave the company less than ten years after its establishment.

The cause of this incident was that Taipower sued Xintong International for infringement, which of course has something to do with these engineers who left their old companies.

"How to put it, our company can't establish a production process out of thin air, and we have to refer to mature international experience. However, I also told the engineers that we can learn from it but not copy it. We must avoid other people's patent traps. This Mr. Hu, you are right to remind me about this matter, the company needs to strengthen supervision on this matter."

Zhang Rulin was obviously touched, and his answer was really not perfunctory.

Hu Yang felt that there was only so much he could do, reminded what should be reminded, expressed what should be expressed, and he was still powerless to do the rest.

As an investor, there are pros and cons.On the bright side, he can make money with the help of other people's brains.On the bad side, he has no way to control the operation of the enterprise, even if he knows the future.

Saying goodbye to Zhang Rulin, Hu Yang took Han Wen and Li Jie to play in Shanghai for a few days.

In addition to looking at the surrounding scenery and going to the famous NJ Road, Hu Yang and others spent the rest of their time wandering around Julu Road.

The purpose of Populus euphratica wandering around is not to go shopping, but to look seriously at the "old bungalows" in this area.

To be honest, Populus euphratica is a little immune to ordinary villas now, but the "old bungalows" with the vicissitudes of history and the heavy feeling make him linger.

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like