Reborn since 1993

Chapter 1436 The King’s Flag changes at the top of the city

Li Zekai, who had already begun planning for the acquisition of TVB, suddenly changed his expression upon hearing Ms. Fang's words.

Li Zekai immediately realized that something must have gone wrong.

"who is it?!"

Li Zekai quickly calmed down and asked Ms. Fang with a composed expression.

Those familiar with Li Zekai know that the second young master of the Li family in the Yangtze River region is probably already burning with rage.

Ms. Fang looked at Li Zekai, hesitated for a moment, and then, thinking of her conversation with Boss Shao, spoke to Li Zekai.

"Cyberport, together with mainland companies Oriental Media and Focus Media, formed a joint acquisition consortium and submitted a package acquisition proposal to TVB!"

Ms. Fang still told Li Zekai who was actually stealing the deal.

Upon hearing that Cyberport had arrived again, albeit late, Li Zekai couldn't help but clench his fists, and the veins on his forehead throbbed several times.

Although he had anticipated that Cyberport would interfere, when Cyberport actually made its move, Li Zekai still felt a lingering sense of unease.

……

"Li Zekai went to TVB's headquarters in Clearwater Bay TV City, suspected to be related to the acquisition of TVB!"

"Yingke Power is about to acquire TVB!"

"TVB's talent has fallen to the Li family of Cheung Kong!"

When Li Zekai entered TVB headquarters, some nosy media outlets couldn't help but celebrate the Li family's success, claiming that Li Zekai had already made his move.

Although the major media outlets in the port city have not yet reported it, rumors are already flying everywhere in tabloids and stock discussion sections of Tianya Port City Forum.

Affected by this news, PCCW's stock price immediately soared, rising by 8% and its market value exceeding HK$70 billion!

Back then, PCCW also chose to go public through a backdoor listing in order to acquire Gangcheng Telecom, taking over the shell of Jiadexin.

Ultimately, PCCW lost out to Cyberport, and PCCW eventually acquired Hutchison Telecom, owned by the Lee family of Cheung Kong.

Today, PCCW's business includes real estate, insurance, and telecommunications, and its market value exceeds HK$60-70 billion, which seems quite high.

However, it depends on who you compare it to. Compared to Cyberport, which has a market value of over HK$420 billion, it is nothing!

Today, after news broke that PCCW had acquired TVB, PCCW has finally gained some momentum.

"I bought 200,000 shares of Yingke Power!"

"In this market trend, Yingke Power is definitely the leader!"

"I will absolutely not sell PCCW if its market value is less than HK$100 billion. I won't sell it if the price is too high or too low!"

Inside the Hong Kong Stock Exchange trading hall, Lu Dongliang returned and encountered many familiar faces, even though it's now convenient to monitor the market online and place orders by phone.

However, compared to the bustling trading hall, it always felt like something was missing. Well, he made so much money, but he couldn't show off in front of his acquaintances. What's the difference between this and wearing fine clothes in the dark, or being rich but not returning home? Of course, Lu Dongliang's main purpose was to discuss the market with everyone.

Today, Lü Dongliang came over and ran into some familiar old friends—no, I mean, old leeks.

Upon seeing Lu Dongliang, these people immediately struck up a conversation with him, knowing that Lu Dongliang had achieved financial freedom through Cyberport stock.

As soon as he sat down in the trading hall, Lu Dongliang, along with the other people there, heard the news that PCCW and the Lee family of Cheung Kong had acquired TVB.

Immediately, a large crowd rushed into the trading hall, eager to buy shares of Yingke Power.

Several of Lü Dongliang's old friends also joined in, vying for Yingke Dong's shares.

One of the people who managed to snag a share of the stock returned and gestured to Lü Dongliang, clearly intending to make a fortune through Yingke Power.

Looking at Yingke Power's stock price, Lü Dongliang had some doubts.

"Neither PCCW nor TVB has issued any statement yet, so it's best to be cautious!"

Having been immersed in the stock market for so many years, Lü Dongliang has experienced all sorts of bizarre and wonderful things. He has always believed that you should never open the champagne before the very last moment, otherwise you might end up going straight from the KTV to the crematorium!
“Lu Zai, I’m not trying to criticize you, but people say the richer you are, the more timid you become. I think you’re the same.”

If I don't buy Yingke Power's stock now, will I still be able to buy it tomorrow?

The man who had just spoken looked like a seasoned veteran. He addressed Lü Dongliang, claiming that now that he had money, he had become timid.

Upon hearing this, Lü Dongliang simply chuckled but did not refute it.

To say he's timid?
When 3721 went public, who dared to buy in when the stock price surged by more than 50%?

Today, among the people in the trading hall, not a single one dared to chase after the newly listed stock 3721; most were just observing.

As a result, they are still observing the situation. Their market value has grown from HK$6.2 billion when they were listed to HK$30 billion today.

Moreover, the stock price of 3721 is still rising steadily, right before the eyes of these retail investors every day! The returns that 3721 has brought to Lü Dongliang have already doubled, and the two million Hong Kong dollars he invested earlier are now close to ten million Hong Kong dollars!

After glancing at the time and looking at the group of people around him who were enthusiastically discussing Yingke Power, Lü Dongliang sighed inwardly and prepared to leave quietly.

He estimated that he would be coming to places like the trading hall less and less in the future. It wasn't that Lü Dongliang looked down on his old friends, but that everyone's views were indeed different now. Sometimes, when views differ, it's really hard to find common ground.

As soon as Lü Dongliang reached the entrance of the trading hall, he heard a loud commotion behind him.

"How is that possible? PCCW didn't acquire TVB?"

"Yingke Power's stock price has fallen, and I invested 200,000 yuan in it!"

Turning his head, Lü Dongliang saw that Yingke Power, which had just surged, suddenly plummeted like a diving champion.

And it wasn't just a drop of a little bit; it plummeted straight down, wiping out all the gains from before and even falling by more than 5%!

This is equivalent to the retail investors who just bought Yingke Power not making a single penny, but instead losing nearly 15%, causing chaos in the entire trading hall.

The situation changed instantly; those who were scrambling to buy Yingke Power stock just moments before were now desperately trying to sell it.

Lu Dongliang saw that the person who had just been shouting that he wouldn't sell PCCW stock unless it was worth HK$100 billion was now crowding in front of the trading counter, shouting at the top of his lungs, "Help me sell PCCW stock!"

Seeing this scene, Lü Dongliang was also dumbfounded. This kind of drama of changing kings on the city wall made Lü Dongliang feel...

Today's events seem like someone is orchestrating a scheme; it's true that PCCW wants to acquire TVB.

Whether the acquisition was successful or not is unknown, but someone deliberately releases the news to lure retail investors into buying in, and then releases news that the acquisition was not successful, thus shorting the market.

This single, soul-severing blade struck directly at the root of the leek!

Cyberport has submitted an offer to TVB!

Subsequently, inside the trading hall, well-informed "insiders" began to release information.

Subsequently, Cyberport's stock price began to rise accordingly, and the spectacle of a giant dancing in the sky began again.

But those who had just been fleeced dared not rush to buy shares again. Those who had just sold their shares in PCCW saw Cyberport's stock price rise directly from HK$36.6 to HK$38.

It's important to understand that with Cyberport's current market capitalization, every percentage point increase in its share price translates to a market value increase of several billion Hong Kong dollars!
Now, Cyberport's share price has risen by 4%, which is equivalent to a direct increase of HK$168 billion in market value. This is the shock brought about by the elephant dancing!
Even the Hang Seng Index started to rise instantly because of the surge in Cyberport's share price. This is the influence that Cyberport has on the Hong Kong Stock Exchange. To a certain extent, the entire Hong Kong stock market is watching Cyberport's performance!

Upon hearing that Cyberport had joined TVB's ranks, for some reason, Lui Tung-leung suddenly felt that this might actually be true.

Even Lu Dongliang felt that Cyberport's chances of acquiring TVB seemed greater than PCCW's!

……

"No matter who becomes the major shareholder of TVB in the future, we should not forget Mr. Shao's contributions to TVB and Chinese-language television."

If Cyberport acquires TVB, Cyberport will erect a bronze statue of Mr. Shaw in front of TVB's office building, so that all TVB employees and viewers will remember Mr. Shaw!

"Cyberport's collaboration with Mr. Shaw is not limited to TVB; this is just the beginning."

Cyberport will donate five million shares as seed money to work with the Shaw Foundation and the Chi Hsing Foundation to promote a school lunch program in Hong Kong and mainland China, providing free nutritious lunches to primary and secondary schools in mainland China.

"Ensuring that all children can afford to go to school and have enough to eat is Cyberport's wish, and I believe it's also Mr. Shao's wish!"

"TVB will always belong to Mr. Shaw, regardless of who holds the controlling stake. If Cyberport is fortunate enough to take over TVB, Mr. Shaw will still serve as the president of TVB, as long as his health permits!"

Standing in front of the TVB office building, Lam Yin-fai made the announcement in front of a group of media and reporters from Hong Kong.

They didn't mention much about the price for acquiring TVB, but instead stated that Cyberport would continue to work with Mr. Shaw to promote charitable causes after the acquisition.

Humans all have desires; there is no one in the world who is without desires. If there were, that would be called being heartbroken.

But his posthumous reputation is Boss Shao's Achilles' heel!
The entire Shao family, including his children, had turned against Mr. Shao. The only things that could sustain his spirit and soul were TVB and charity, and charity, to put it bluntly, was his posthumous reputation.

When TVB is sold again, what Mr. Shaw will care about is his posthumous reputation. This is the only thing he wants, to prove that he has left a mark on this world.

If a person is remembered many years after their death, then their life has not been in vain.

Cyberport's charitable collaboration with Mr. Shao, which included the Zhixing Foundation, essentially ensured that even if Mr. Shao were to pass away someday in the future, the partnership would be successful.

As long as Cyberport exists and the Zhi Xing Foundation exists, his charitable activities will not disappear and will be remembered. No one can erase the traces of his existence.

Only the philanthropist Li can do this; the rest of the Li family in the Yangtze River region simply cannot, because the mainland is Li's base of operations. Furthermore, there is Li Dongling's age. As long as Li Dongling agrees, it can be done, at least for the next half-century!

"Cyberport is willing to pay a 70% premium to acquire Mr. Shao's TVB shares through a Cyberport stock transaction!"

Upon arriving at the TVB building, Lam Yin-fai met with Mr. Siu and immediately raised his stakes, using Cyberport shares to acquire TVB.

(End of this chapter)