Rebirth of the Financial Crisis Sweeping the World
Chapter 118: Buying Fengniao Records for $118.30 million
Chapter 118 118 Thirty million bought Fengniao Records
The next day, June 13, Friday, the stock market opened.
The US Fidelity Investment Group did not increase its holdings, and HSBC International Trust did not reduce its holdings.
BYD Electronics’ share price rose slightly by 0.15 yuan to 8.15.
"If there is a big drop, it is estimated that it will be next week."
Wang Guanxi was a little disappointed, so he changed into sportswear and went for a run.
At this moment, Zhong Hewu, the major shareholder of BYD Electronics and the owner of Golden Dragon Fund, is not very calm.
His friend, Landquan, called him again and asked him to borrow money.
On June 9, Randquan asked him to pay him back, so he cashed out shares of BYD Electronics, obtained 200 million Hong Kong dollars in capital, and put together 28 million Hong Kong dollars to make up 228 million Hong Kong dollars, and then converted into 200 million yuan. , Transferred to Rand Quan.
This morning, Landquan came again to ask for money, asking him to borrow money.
He doesn’t have much cash now. If he wants cash, he has to cash out shares of BYD Electronics.
At this time, his phone rang again, and it was a friend from the mainland who came to Landquan.
is connected.
On the phone, Randquan pleaded: "Old Zhong, you can lend me another 100 million. There is a problem with my company’s capital chain. This time I rely on you to save me."
"TM's, a customer in California, USA, directly filed for bankruptcy, and did not pay me the 23 million US dollars in payment. My company was dragged down. My suppliers are now asking me to settle the payment, and my company has no money. ."
Zhong Hewu sighed: "Oh, I'll transfer it to you later"
The two have known each other for many years. The real estate collapse in the United States and the outbreak of the crisis have dragged down many companies and caused many suppliers in Asia to suffer.
Fortunately, he is steady.
Ending the call, he began to cash out BYD Electronics' stock price.
10,000 shares!
10,000 shares!
···
The stock price kept falling under his sell-off.
At the end of the morning, Zhong Hewu cashed out 135 million Hong Kong dollars.
The stock price has fallen from the 8.15 position to the 7.04 position.
American Fidelity Investment Group branch, Si Xiuliang intends to continue to observe.
Wait for the stock price to fall even lower, and then increase holdings at a low level.
HSBC International Trust, Jiang Quangang frowned, and shareholders are cashing out. He should be Zhong Hewu of Golden Dragon Fund.
"Starting to sell stocks in the afternoon"
"Yes, President Jiang"
The market will open soon in the afternoon.
HSBC International Trust keeps selling stocks,
The share price of BYD Electronics Group gradually dropped from the 7.04 position to the 6.00 position.
"stop!"
"stop!"
Jiang Quangang shouted: "Stop, wait for the U.S. Fidelity Investment Group to pull up, we will cash out at a high position."
"Yes, President Jiang"
In the US Fidelity Investment Group branch, Si Xiuliang ordered: “Keep watching. When HSBC International Trust continues to sell and the stock price drops to 5.50, we will increase our holdings.”
"Understood, President"
Both of them have ghosts in their hearts and are watching, while the share price of BYD Electronics Group fluctuated above the 6.00 position until the close.
Wing Lung Securities Company, Wu Zhanhai was very angry.
There is a loss of 24 million Hong Kong dollars in the account.
His family is not feeling well recently, and Wing Lung Bank is about to be acquired by the Mainland China Merchants Bank.
But there is no way. Hong Kong’s local small and medium-sized banks are getting more and more uncomfortable. Sooner or later they will be eliminated. His Fung family will sell 53.12% of the shares of Wing Lung Bank. The price has been set at 19.3 billion Hong Kong dollars.
The entire Wu family, but there are many members, he also has the uncle, the second uncle, the third uncle, and the sister-in-law. The shares are all in the names of the elders.
He does not have any shares in Wing Lung Bank.
Now he wants to take care of Wing Lung Securities Company.
The phone rang at this time. It was his friend Zhuang Anyong. Zhuang Anyong is the youngest son of the Hong Kong Zhuangshi Group. The Zhuangshi Group is the king of tableware in Hong Kong. Of course, it is incomparable with their Feng family. The Zhuangshi Group’s assets are 1.5 billion. Around Hong Kong dollar.
This Zhuang Anyong is a **** just like him, so count him as a small attendant.
"Xiao Zhuang, what's the matter?"
Zhuang Anyong directly said: "Brother Wu, can you lend me 30 million?"
Wu Zhanhai: "I am also short of money now, I have no money to lend you"
Zhuang Anyong thought for a while: "The record company under my name, do you still want it? I'll sell it to you"
Both like the entertainment industry. They have nothing to do with models, singers, and stars. They all have entertainment companies. On the spot, Wu Zhanhai wanted to buy his Fengniao Records, but he didn't agree at the time.
Wu Zhanhai smiled bitterly: "Xiao Zhuang, my own model agency is sold, and I am short of money just like you."
"If you are in a hurry to sell a music company, I can help you with continuous buyers"
Before, Wang Guanxi bought his own model agency and told himself that if there is an entertainment company for sale, just call him.
Zhuang Anyong: "Okay, Brother Wu is in trouble"
He is now anxious to sell the company to alleviate the failure of his investment in an American project. The family members will not support him because the Zhuangshi Group has also encountered difficulties, so he needs to find funds on his own.
"You're welcome" Wu Zhanhai called Wang Guanxi.
··
Wang Guanxi looked at the share price of BYD Electronics Group at the moment, and his heart was full of joy.
There is a floating profit of 42 million Hong Kong dollars in the account.
At this time, the phone rings and is connected.
"Mr. Wu, what's the matter?"
"Wang Guanxi, my friend wants to sell his record company, are you interested?"
"Okay, tell me the location."
··
Fengniao Records is located on the 8th floor of Canton Road, 100 Tsim Sha Tsui, Kowloon.
30 minutes later, Wang Guanxi came here.
Wu Zhanhai and Zhuang Anyong are all here, listening to a Porsche and a Maserati on the side of the road.
"Wang Guanxi, you are here!"
"This is Zhuang Anyong"
"Mr. Wang, hello" Zhuang Anyong would not underestimate Wang Guanxi, who is dressed in a school uniform, and extended his hand enthusiastically.
"Hello, Mr. Zhuang" Wang Guanxi shook hands with him, and then everyone came to the company.
After investigating finances and assets, Wang Guanxi said: "20 million"
Now he only has 20 million in his No. 2 Fund, and he doesn't want to give it to him if he has more.
"Impossible, my record company still has 7 million cash flow, and music albums..." Zhuang Anyong said a lot, and said firmly: "At least 40 million"
Wang Guanxi: "No, I think 40 million will definitely buy a better music company, 28 million will do."
Zhuang Anyong stopped bargaining with Wang Guanxi, and said bluntly: “30 million, if you don’t buy it, I’ll sell it to others”
Wang Guanxi: "Okay, I'll make a call first"
Then Wang Guanxi called Feng Shaokun and asked him to borrow 10 million.
Feng Shaokun was also unambiguous and borrowed 10 million to Wang Guanxi.
"Okay, have dinner together in the evening, and sign the contract at that time" Wang Guanxi called lawyer Liu Zhonglun.
Then everyone came to Wenhua Restaurant and had dinner together.
At the dinner, an equity contract was signed, and Wang Guanxi spent 30 million to buy the Fengniao Music Company under the name of Zhuang Anyong.
(End of this chapter)
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