The film and television city starts from the courtyard
Chapter 2588: bargain hunting
As soon as the stock market opened in the morning, Qiang Mujie instructed his traders to buy a large amount of shares of Yingzhou Industry (601).
At the same time, Abao sold his other three stocks and concentrated all his funds on buying 603 Aisi Electronics. In order not to attract Qiang Mujie's attention, Abao and Commander Cai still adopted the fleet-based split-account operation.
Ah Bao was in charge of directing operations at the Peace Hotel, while Commander Cai, Stamp Li, and Aunt Pang were placing orders at different business departments. Commander Cai was in charge of the operations from the VIP room.
Starting from September 27th, stock 603 remained stagnant, while the price of stock 601 rose slightly, attracting a flood of retail investors who rushed to buy shares of Yingzhou Industry.
On September 30th, at the midday close of trading on Mid-Autumn Festival, due to abnormal fluctuations in Yingzhou Industry's stock price, the Shanghai Stock Exchange suspended trading of Yingzhou Industry in accordance with its trading rules to ensure market fairness and impartiality.
Following this, Qiang Mujie, representing Shenzhen Baolong Technology, issued an announcement stating that he already held 5% of the outstanding shares of Yingzhou Industrial, publicly demonstrating the historical significance of the acquisition of Yingzhou Industrial.
It was only then that Abao realized that Qiang Mujie's real target was Yingzhou Industrial, so he immediately changed course, ordering Commander Cai and others to sell their holdings in Aisi Electronics and buy up Yingzhou Industrial's stock with all their might.
As soon as the market opened in the afternoon, A Bao and others bought a large amount of Yingzhou Industrial stock, which made Qiang Mujie guess that A Bao had already made a move, so he ordered his men to start washing out the stocks he held.
Yingzhou Industrial's stock price plummeted, falling from a high of 19.89 yuan to 15.6 yuan.
As a result, Abao lost a lot of money, making Commander Cai and the others regret not listening to Li Li and buying Yingzhou Industrial's stock from the beginning.
However, A Bao knew that Qiang Mujie's goal wasn't to make money through short-term trading, so the temporary stock price drop didn't mean anything. Even if A Bao lost money, he would still pay Li Li his share of the profits as agreed.
Abao chose to continue holding Yingzhou Industrial's shares, believing that Yingzhou Industrial's stock price would eventually recover, and even eventually rise to 25 yuan.
Li Li treated A Bao to a plate of stir-fried beef noodles from Zhizhenyuan, which led A Bao to guess that Yingzhou Industrial's stock price would not stop at 25 yuan, but would rise to 40 yuan. So he urged Commander Cai and others to buy more shares as soon as possible.
Since the National Day holiday, Yingzhou Industrial's stock price has been fluctuating around seventeen yuan. Investors are somewhat hesitant, unsure whether the stock will rise further.
Following Yingzhou Industrial's announcement that Shenzhen Baolong had recently purchased a large number of the company's shares on the secondary market, acquiring 16% of the company's shares, an act deemed illegal, Yingzhou Industrial stated it was prepared to retaliate against this hostile takeover attempt by initiating a share buyback program.
As a result, Yingzhou Enterprises' stock price began to soar, and Commander Cai and others also began to fuel the fire, calling on shareholders to snatch back the local enterprise that the people of Shanghai had worked hard to build from the Shenzhen gang. Everyone was united in their hatred of the enemy, and the battle between Baoying and Yingzhou reached its climax today.
Yingzhou Industrial naturally couldn't just stand by and watch someone else acquire the company from the secondary market, so it issued another announcement declaring that it was still the controlling shareholder, and even joined forces with other listed companies in Shanghai to issue a statement supporting Yingzhou Industrial's anti-takeover efforts.
As a result, Yingzhou Industrial's stock price soared rapidly, reaching 25 yuan with no sign of decline.
Qiang Mujie dared not relax for a moment, instructing the traders to keep a close eye on the market to prevent any injection of his own funds, and also to prepare to sell when prices were high.
Yingzhou Industrial's stock price soared, prompting many large investors to sell other stocks at a loss in order to invest in Yingzhou Industrial, which undoubtedly drove the stock price even higher.
Soon, Yingzhou Industrial's stock price rose to 38 yuan, which was just a blink of an eye away from the 40 yuan that Abao had learned from Li Li. So Abao asked Commander Cai to start selling some of the stock every now and then.
Although Qiang Mujie made a considerable amount of money through this operation, it fell far short of their initial goal. Their aim in manipulating this stock was to make a large profit, and more importantly, to gain control of Yingzhou Industrial, thereby making Nanguo Investment a household name in Shanghai.
They did make a lot of money in this wave, but at the current price, they hold no more than 20% of the shares, so they can't continue to acquire more and therefore can't gain control.
He did consider driving the stock price down, but it was beyond his control now. So as soon as he sold, someone else bought it, and the stock price fluctuated very little.
This put him in a difficult position. Since Yingzhou Industrial had already filed a lawsuit, the acquisition was no longer possible. Therefore, he could only have his subordinates sell off their shares while simultaneously supporting the stock price.
However, Yingzhou Industrial's anti-takeover attempt made shareholders feel that this was an opportunity to make a fortune. After all, the Wharf Holdings anti-takeover battle in the Hong Kong stock market back then made many people rich, with the stock price rising from HK$50 to HK$150.
Qiang Mujie and others chose to withdraw, and A Bao had already completed his sell-off. Without the support of major investors, Yingzhou Enterprises' stock began to plummet, leaving those retail investors who had chased the rise dumbfounded.
Originally reluctant to sell, shareholders saw Yingzhou Industrial's stock price plummet and immediately began selling. However, the initial surge in stock price was driven by everyone's desire to maximize profits. Now, with the price falling further, no one was willing to buy, causing the price to plummet from 40 yuan to 15.6 yuan, with a further downward trend expected.
At this point, because of their losses, investors decided to confront the so-called stock commentators, only to find that those people had already disappeared.
Zhao Shucheng watched from beginning to end, but he never expected that Qiang Mujie would also be a case of starting strong but finishing weak. The funds used to operate the trading quietly left the market, leaving only the retail investors who bought at high prices to be ruthlessly harvested and a mess left behind.
As the saying goes, "Be fearful when others are greedy, and greedy when others are fearful." It was at this moment that Zhao Shucheng opened accounts with IKEA and Mingzhu Foreign Trade respectively, and bought shares of Yingzhou Industry at the current price. Zhao Shucheng knew very well that stocks in the "three-no" sector (no investment, no market, no investment, no investment) were particularly easy to be acquired and merged. Qiang Mujie lost this time, but in the future, others would still be eyeing Yingzhou Industry, and that would be his opportunity to make money.
However, Zhao Shucheng did not immediately reach the threshold for disclosure of shareholding. Instead, he stopped buying shares when each of the two companies held 4.9% of the shares, and waited for a suitable opportunity.
Wang Mingzhu and Vivian also saw Zhao Shucheng's actions and were somewhat worried that he might be taking too much of a risk.
Zhao Shucheng smiled and said, "This is not a risky move, but a reasonable one. Yingzhou Industrial's real assets are far better than what the current stock price shows. Besides, IKEA is also preparing to go public in the future. Instead of going through the trouble of preparing for the listing ourselves and having difficulty obtaining listing quotas, it is better to acquire a listed company from the stock market from the beginning and change its name directly. And Yingzhou Industrial is the most suitable choice right now."
Upon hearing Zhao Shucheng's words, Vivian suddenly understood his choice. Although she didn't fully understand stock market operations, having lived in Hong Kong for so many years, she had absorbed a lot of information about stock market operations and therefore supported Zhao Shucheng's decision. Soon after, the regulatory authorities began investigating Yingzhou Industrial's malicious shareholding activity.
Qiang Mujie and Li Li were taken away for investigation by relevant departments because they had bought Yingzhou Industrial from the beginning.
The Shanghai Stock Exchange thoroughly investigated the top ten trading accounts, including those of Cai Siling and Zhao Shucheng. Cai Siling only began buying after the announcement, so it wasn't considered a hostile takeover and he wasn't taken away for investigation.
As for Zhao Shucheng, he only entered the fray after the acquisition battle had ended, so it couldn't be considered a hostile takeover. However, given that the shares of both of Zhao Shucheng's companies were close to the licensing threshold, their accounts were listed as key targets for monitoring.
Li Li and Qiang Mujie didn't receive the same treatment as Zhao Shucheng. After they were taken away for investigation, they were constantly questioned about whether they had conspired, whether they had violated regulations, the source of their funds, and other related issues.
Ah Bao originally intended to give the dividends to Li Li, but when he arrived at the entrance of Zhizhen Garden, he witnessed Li Li being taken away by the relevant authorities for investigation.
Ah Bao never expected such a thing to happen, so he asked Commander Cai to help investigate the specific reasons and confirm Li Li's situation.
The fact that Li Li was taken away in public on Huanghe Road gave the female shop owners on Huanghe Road a glimmer of hope. They were all gloating and thought that Zhizhenyuan would not be able to continue operating.
The employees of Zhizhenyuan were also unclear about the specific situation and were worried about what would happen to their jobs and this month's wages if the boss's wife really didn't come back.
So they surrounded Minmin, asking whether Zhizhen Garden would continue to operate, and even worried that if Lili didn't come back, Zhizhen Garden might close down.
Despite Manager Pan's best efforts to persuade them, he couldn't instill much confidence in the employees, so they could only hope that Li Li would return soon to take charge.
As Li Li's partner, A Bao naturally couldn't just watch Zhizhenyuan fall into chaos. So after arriving at Zhizhenyuan, he ordered food and sat quietly in the lobby to eat. This gave the Zhizhenyuan employees a boost of confidence and left Lu Meilin and the other female bosses on Huanghe Road speechless.
He waited all afternoon and finally received a call from Li Li; Li Li had been released.
Fortunately, Li Li insisted that she was unaware of the situation, and although Qiang Mujie and his group had engaged in malicious acquisition, the relevant legislation was not yet sound. So, after Qiang Mujie explained the source of the funds, he and Li Li were released together.
After Li Li returned to Zhizhen Garden, A Bao gave her the commission she deserved.
To appease the employees, Li Li distributed the money as bonuses, which drew envy from many.
Zhao Shucheng had actually anticipated this outcome, and even knew that the Battle of Baoying was based on a real-life event, and that the actual result of the Battle of Baoying was completely different from what was happening here.
Although it was also a surprise acquisition, the controlling shareholder of Yanzhong Industrial changed as a result, and Yanzhong Industrial was even subjected to several hostile takeovers in the future, resulting in a new major shareholder.
Wang Mingzhu's preparations are almost complete. Perhaps in the original story, Wang Mingzhu was no match for A Bao and Uncle, since she only had connections at No. 27, but no funds or familiar manufacturers. However, now that she has Zhao Shucheng, things are different. Money is not a problem for Zhao Shucheng at all, and even A Bao can't compare.
As for the manufacturers, since Zhao Shucheng's IKEA supermarket has partnerships with many manufacturers, this is not a problem.
So after a period of competition, Wang Mingzhu, thanks to her mentor Jin Hua's connections, successfully secured the jeans order at a very low price. However, the prerequisite was that she had to find a factory as soon as possible and start production quickly. Otherwise, if she exceeded a certain deadline, she would be considered in breach of contract.
Wang Mingzhu was prepared for this, after all, she had listened to Zhao Shucheng and started looking for partners early on.
Uncle and Ah Bao disagreed at this point. Uncle didn't want Ah Bao to focus all his energy on the clothing company's listing and to put all his eggs in one basket. So he prepared an escape route for Ah Bao, which was Walmart's foreign trade business.
"Walmart has already placed the export order with Ms. Wang. If she finds a factory, the order will truly belong to them, and your escape route will be completely blocked."
He actually tried many ways to stop Wang Mingzhu, even contacting factories in Jiangsu, Zhejiang and Shanghai to prevent them from producing jeans for her, but he still couldn't change the outcome.
Abao said nonchalantly, "I thought of that a long time ago. After all, she has Zhao Shucheng behind her, and he's a very shrewd businessman."
"We know Miss Wang quite well. She's capable, but she can't be perfectly organized, so she definitely has someone helping her. But even if we lose this deal, it's okay, we don't rely on this one deal for our livelihood."
Seeing how indifferent Abao seemed, Uncle suddenly felt very tired. He had been wholeheartedly devoted to Abao, insisting that Abao engage in both stock trading and foreign trade, wanting him to walk on two legs.
Because the old man knew very well that although the stock market could bring in money quickly, it was also very volatile. One moment you might be rolling in money, and the next you might be penniless.
“Abao, the stock market is not a long-term solution. Foreign trade is your foundation. You should make a decision as soon as possible.”
Ah Bao naturally knew that his uncle meant well, but he also had his own thoughts. The failed collaboration with Boss Ma last time made him realize that without his own brand and his own shopping mall, he couldn't expand his business to Nanjing Road; he was just a middleman.
But he wasn't content with this. His ten-year promise to Xuezhi was drawing ever closer. Xuezhi was not only a company manager but also working hard at part-time jobs to meet more people, and he couldn't fall behind. Although the foreign trade business was good, it was ultimately too slow. He figured it would be better to become a shareholder in the clothing company; then he could have as many of his own branded items as he wanted.
"Uncle, the apparel company is about to go public. As their listing advisor, I have to be fully focused on this period. Once I'm done with this work, I'll seriously consider your advice." (End of Chapter)
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