Rebirth of the Strongest Tycoon

Vol 3 Chapter 1055: Buy bottoms

The first major move was the four big real estate tycoons of the four generations after the 1973 stock market crash.

Li Jiacheng, Guo Desheng, Li Zhaoji, and Zheng Yutong all bought out real estate companies that own a large amount of land or properties that have already been built.

Among them, the most powerful fund and the biggest man is Li Zhaoji, the big man who can grasp the capital market most among the four.

No way, who made this stock market crash so suddenly?

Although Xia Yu's Jiuding Consortium has been fighting with the Taikoo Consortium for a period of time, anyone with a sense of crisis will find ways to cash out stocks to raise funds at that time, but the time is still too short.

Although Li Jiacheng, Guo Desheng and Zheng Yutong cashed out some stocks at high positions and also raised some funds from other channels, they are definitely not as good as Li Zhaoji.

Henderson Land Development raised one billion Hong Kong dollars in a single go after listing in June.

Before the stock market crash in 1973, Li Zhaoji seized the opportunity to launch Yongtai Construction Company, which had just been established a few months ago, to the public market and raised a large sum of funds for bargaining after the stock market crash.

How similar is this scene!

Li Zhaoji's ability and sense of smell are not comparable to the other three.

Of course, after the stock market crash broke out, the bank run crisis has not yet been resolved, and companies with broken capital chains are unknown. Naturally, Li Zhaoji and Li Jiacheng are not the only bigwigs who want to buy dips at this time.

Hu Yingxiang, Wang Dehui, Luo Yingshi, Tian Yuanhao and other bigwigs also ended up.

But their acquisitions are not limited to listed companies.

Even for the acquisition of listed companies, most of them do not buy stocks from the stock market. In order to improve efficiency and save costs, they directly find shareholders. Like Xia Yu, they directly sign the contract after the negotiation is completed.

Xia Yu made a good start for everyone.

As long as the shareholders, large and small, increase their shareholding to more than 66.7 percent, they can naturally take over the board of directors, and then pass a resolution of the board of directors to apply for privatization to the exchange. The price of privatization is complete. It can be lowered and the repurchase will be mandatory.

If you buy from the stock market slowly, it takes time and effort, and investors may not necessarily sell all of them. It is also easy to raise the stock price and increase the cost of acquisition, which is too cost-effective.

At this time, it is also the easiest time to directly find shareholders to buy stocks.

No way, at this time, the importance of cash has become more than ten times more important. As long as the full payment is paid, assets that were previously worth hundreds of millions can now be bought for 30 or 20 million!

And because many acquisitions did not go through the stock market, this led to the fact that although the stock market's trading volume rose, it was still a buyer's market. The Hang Seng Index could not rebound against the trend and could only fluctuate sharply at more than 600 points.

When other bigwigs acted, the heads of Xia Yu's companies did not intend to miss this opportunity.

All the time, thanks to Xia Yu's wise guidance and foresight, his companies have developed very fast and have very strong profitability.

Except at the beginning, he would withdraw funds from various companies to invest in the capital market. Later, when his funds were huge, he did not draw much money. Even if he did, he would re-inject more funds.

This has led to his company's cash flow has been healthy.

After receiving strategic instructions from the highest level of Xia Yu this time, many companies of the Jiuding Consortium have started to acquire companies that can strengthen their business.

For example, Jiuding Retail Group is eyeing Xiangjiang's largest sports retail company-Xiangjiang Marathon supplies chain stores.

Jiuding Pharmaceutical Group is eyeing the first modern pharmaceutical company in the scale of Xiangjiang—Aomei Pharmaceutical Factory, as well as Renyuantang, a manufacturer and seller of healthcare drugs.

Of course, the biggest move was undoubtedly the Jiuding Real Estate Group, which received the largest financial support from Xia Yu.

Whether it is a real estate company that owns a large amount of land, a specialized infrastructure company, a property management company that holds a large number of properties, or a hotel management company, all are the acquisition targets of Jiuding Property Group.

According to Xia Yu’s instructions to Liu Shihao, he wanted Liu Shihao to take advantage of this opportunity to eat as much commercial land and popular properties as possible, and at the same time expand the infrastructure team as much as possible, so as to lay a solid foundation for the further development of a large number of low-priced properties in the future. Foundation.

Of course, many companies under the Swire Group are also one of the most delicious cakes.

After HSBC released the news, many wealthy people went to ask for the price. Seeing that many people were interested, Shen Bi arranged for someone to host an asset auction with the intention of obtaining the maximum benefit.

Other banks holding mortgage assets of Swire Group and Shi Yahuai's family have also released news to attract people.

Realizing that the time had come, with Xia Yu's order, many acquisition teams of Jiuding Securities Co., Ltd., which had been waiting for a long time, were dispatched one after another.

With Jiuding Securities’ financial power and power, no one can grab the edge. As long as it is the target that Jiuding Securities wants, it will eventually be taken by Jiuding Securities, and the price will not be too high, because at this time almost no one Willing to offend the Jiuding Consortium.

But Norman Shi Yahuai could only watch as a penny of equity that was originally his own fell into the hands of Jiuding Securities.

The hearts of all members of the Shi Yahuai family are bleeding, and an atmosphere of grief and helplessness has been hanging over the Shi Yahuai family~www.ltnovel.com~10:30 am on the 13th.

Xia Yu is browsing the latest acquisition results and progress reported by various companies.

Song Bo rushed to Xia Yu's office.

"Mr. Song, you are here, please sit down!"

Seeing that Song Bo was knocking on the door, Xia Yu said with a faint smile.

After Song Bo sat down, he asked expectantly: "Mr. Xia, I just heard that you have already taken down other shares of Swire Trading Company and Swire Industrial Group?"

Xia Yu joked: "Mr. Song, you are well informed!"

Song Bo smiled and said with some embarrassment: "Mr. Xia, there is no way. Now my entire Song family is paying attention to this matter, and I will count on two companies in the future."

Xia Yu smiled and said to him: "Mr. Song, I told you that these two companies can definitely be acquired."

Song Bo nodded hurriedly, and said gratefully: "Mr. Xia, I have always believed that you can successfully acquire. This time I have troubled you."

Xia Yu waved his hand.

Then he smiled and said, "Mr. Song, now I have 51.38% of Swire Industrial Group's equity. Except for the 44.32% you currently hold, the remaining The 4.3% equity is in the hands of the Shi Yahuai family. As long as the Shi Yahuai family has acquired all the mortgaged equity, the 4.3% equity that is not mortgaged will not be acquired temporarily."

"There is also a 74.9% equity interest in Swire Trading."

"What about you, how much did you prepare?"

"How much you can buy depends on the amount of your funds!"

ps: The third update is sent. I sorted out the outline, which led to the writing of almost two points. This chapter is overdone, and the next few chapters end the plot. On the last day of the month, ask for a recommended monthly pass!

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