Reborn since 1993
Chapter 440: Getting there first
Chapter 440: Getting there first
The news came out so suddenly that the outside world was completely unprepared. Even in the past few days, Lu Dongliang has earned a 19% return on the million Hong Kong dollars he invested!
This is the characteristic of the stock market. When there is profit, it can be earned in a few days. Even the most profitable technology companies can only earn profits in a year.
Of course, the same is true when you lose money. If you borrow money from a bank to invest in stocks, not only will you lose all your principal, you will also owe the bank a large sum of money, and your house, car, etc. will be seized.
But this time, Lu Dongliang made the right bet. However, even he was a little surprised when he heard the chaotic scene around him. He did not expect that there would actually be a company that would target Gangcheng Telecom, a century-old company!
"How could it be so fast? Where did this Cyberport company come from?"
"If I had known this earlier, I would never have sold the shares of Hong Kong City Telecom. I have held on to them for almost half a year!"
“I just sold it last week!”
The trading hall was filled with noise. Someone had a sad face. He had just sold Hong Kong City Telecom last week, but within a week, Hong Kong City Telecom's stock price had soared by nearly 20% in a few days, becoming the most outstanding stock in the Hong Kong Stock Exchange this month.
"Mr. Lu, do you have any inside information?"
Lu Dongliang's mobile phone suddenly rang. After he answered it, his stockbroker on the other end asked him a lot of questions.
Mobile phones are still popular in Hong Kong. Because of Hong Kong Telecom, neither GSM nor PHS base stations have been fully deployed in Hong Kong. The signals of mobile phones of brands such as PHS, Nokia, and Ericsson are really not very good in Hong Kong.
A profit of two million in one week made Lu Dongliang's stockbroker wonder if Lu Dongliang had received any insider information.
"Do you think I am qualified to receive insider information about such a major event?" Lu Dongliang said with a wry smile, and whispered, "I just feel that Gangcheng Telecom can no longer fall!"
The reason why Lu Dongliang bought into Hong Kong City Telecom was very simple. He felt that the share price of Hong Kong City Telecom could no longer fall. After all, the earnings were there, with net earnings per share at HKD 4-5. It was because the market value was too high that the troublemakers could not make a move. Otherwise, a fat company like Hong Kong City Telecom would have been snatched away by others long ago.
The stockbroker on the other end of the phone thought about it and it seemed to make sense. This Cyberport company that suddenly emerged joined the board of directors of Hong Kong City Telecom and obtained 13% of the shares. According to the share price of Hong Kong City Telecom, it paid at least more than billion US dollars in cash!
Even the securities industry had not heard of this large-scale acquisition, let alone Lu Dongliang.
"Mr. Lu, how should we deal with this share of Gangcheng Telecom now? Should we continue to hold it or sell it..."
"Keep holding on!"
Lu Dongliang said in a categorical manner that if he was still unsure before, now even a fool would know that the fun was about to begin. The current share price of Hongcheng Telecom, which was less than 15 yuan, might be the lowest point in the next few years. If he did not have this judgment, then what he had learned before would have been wasted.
Cyberport, which suddenly emerged, suddenly acquired 13% of the shares of Hong Kong City Telecom and joined the board of directors of Hong Kong City Telecom. Although it did not acquire the controlling stake of Hong Kong City Telecom, it still shocked the entire Hong Kong and even Southeast Asia.
Hong Kong has a population of only a few million people, but people are very interested in ways to make money, and almost everyone invests in stocks, bonds, foreign exchange, insurance, etc. Not to mention those sitting in offices in Central, even an old man or an old woman on the street might be able to give them some advice.
This is also related to the food, clothing, housing and transportation of the people in Hong Kong. Now the companies that provide services such as water, electricity, gas, telephone, bus, subway, dock, housing, etc. that the people in Hong Kong need are all listed companies on the Hong Kong stock market.
In this situation, it is hard not to pay attention to the stock market. To a certain extent, the people in Hong Kong and Macao who bought the stocks of these companies in previous years have also reaped the dividends of Hong Kong and Macao's development. It is a way to increase returns, just like depositing money in a bank, but the risks are much higher, and of course the returns are also higher.
Hong Kong now has the same status as Tokyo in Asia, perhaps even higher. On the economic side, coupled with the publicity of Hong Kong movies, Hong Kong is regarded as a paradise by people in Jiaozhi, Siam, the Philippines, Malaysia and other regions.
Rumor has it that there is gold everywhere here and you can get rich if you come here. Every year, a large number of people from Jiaozhi, the Philippines and other places come to Hong Kong City to make a living through various legal or even smuggling means. This is also the reason why there are more and more Jiaozhi gangs in Hong Kong City movies and TV series, because it really exists in reality.
What happened in Hong Kong City has also attracted the attention of many regions in Southeast Asia. After Cyberport entered the board of directors of Hong Kong City Telecom, the speed at which this news spread in Southeast Asia was almost as fast as that in Hong Kong City!
……
“This is undoubtedly a classic blitzkrieg!”
The host of Hong Kong TVB Financial TV said, "Our reporter just interviewed a Hong Kong Telecom executive about this matter. The Hong Kong Telecom executive claimed that they are still investigating the matter!"
The news revealed on TV surprised many people. This news showed that even Hong Kong City Telecom was unaware of the origin of Cyberport. Cyberport did not discuss with Hong Kong City Telecom or its major shareholder Cable & Wireless in advance, and directly forced its way into the company.
"Have you found out?" Inside Yingke Group, Li Zekai asked several senior executives with a rather unhappy look on his face. Those who knew Li Zekai's character well knew that he was on the verge of exploding, and no one was willing to bear his anger.
Li Zekai really couldn't help but be angry. While he was still discussing with Yuan Tianfan and others how to proceed, the Cyberport company that suddenly appeared had already entered the board of directors of Hong Kong City Telecom. How could he not be angry?
This happened in Gangcheng, the territory of the Changjiang Li family. Such a thing actually happened, and there was no news of it beforehand, which made Li Zekai feel like someone was cutting him off in "his" territory.
"The dust has not settled yet. Even if Yingke Group loses this 13% stake, it may not lose. The key is still the 54% controlling stake of Hong Kong City Telecom held by Cable & Wireless!"
Yuan Tianfan was also caught off guard by the news from Cyberport, but he quickly calmed down and spoke to Li Zekai.
"But with Cyberport here, any other company that wants to acquire Harbour City Telecom will have to let Cyberport let go!"
Li Zekai said with a grim look, Yuan Tianfan remained silent. He had been the head of the Hong Kong Stock Exchange, so he naturally knew all the ins and outs of the Hong Kong Stock Exchange.
The Hong Kong Stock Exchange has many rules to protect small investors, although these rules are useless most of the time. One or two small investors cannot shake the giant companies.
But in the case of Hong Kong City Telecom, Cyberport, which holds 13% of Hong Kong City Telecom's shares, although is also a "small" shareholder, has enough power to stir up trouble. It may not be able to decide which company will acquire Hong Kong City Telecom, but it can prevent it from being acquired by any company!
From this moment on, Cyberport naturally became the representative of the remaining 46% of the small shares besides the major shareholder of Hong Kong Metro Telecom!
"The president of Cyberport is Ning Wenke, and the major shareholder behind it is..."
The head of intelligence collection at Yingke Group just rushed in and said a few words, and the TV started reporting it at this moment, and it was even more detailed.
"The latest report from Hong Kong City Telecom is that Cyberport has submitted a list of board members to Hong Kong City Telecom. Ms. Ning Wenke, President of Cyberport, will represent Cyberport and join Hong Kong City Telecom as a director!
Ning Wen is the general manager of Ning's Trading Company. This Cyberport Company was jointly established by Ning's Trading Company and a number of financial groups and investment institutions in and outside Hong Kong..."
"Aventurine Hi-Tech!"
The host on TV was still speaking, but Li Zekai and Yuan Tianfan stopped watching. Perhaps the name of Dongling Hi-Tech would not appear on TV, and they would only report that Ning Wenke, a native of Gangcheng, was acquiring the shares of Gangcheng Telecom. But everyone knew who was supporting Ning Wenke behind the scenes.
Otherwise, no one would believe that Ning's Trading Company wanted to swallow up Xianggangcheng Telecom.
Yuan Tianfan was also surprised. He did not expect that Li Dongling would be so quick. He turned to Li Zekai and said, "Cyberport has taken the lead, but Yingke has not lost yet. However, we still need to be more careful next time!"
Li Zekai could only nod helplessly. No matter what means Cyberport had used to obtain the shares, it had already entered the board of directors of Hong Kong City Telecom. It was useless for him to be dissatisfied at this time. He could only compete again when competing for the shares of Hong Kong City Telecom held by Cable & Wireless.
……
"According to the latest report from CNBC, Cyberport has acquired 13% of the shares of Metrolink and has obtained a seat on the board of directors of Metrolink!
Cyberport acquired 5% of Hong Kong City Telecom’s shares on the stock market and reached an 8% equity transaction with Taifook Group. Cyberport invested a total of approximately US$23 billion to complete the equity acquisition!
According to CNBC reporters, Cyberport was jointly established by an offshore foundation and Ning's Trading Company. This acquisition involved several institutions including Bank of China Hong Kong City Company and Baring Investment Bank, which provided direct loans to Cyberport or raised funds for it overseas.
Some people in the financial industry claim that the offshore foundation behind Cyberport may be related to or established by Tanglin Hi-Tech Port City, but this news has not been confirmed! "
In Singapore, after seeing the news about Cyberport on TV, another Lee named Lee Hsien Yang also became furious.
As the president of Singapore Telecommunications, he was still arguing with Cable & Wireless, but a new company that had just been established emerged.
Suddenly he was appointed as the board of directors of Hongcheng Telecom and became the second largest shareholder. This made Li Xianyang feel like he was still running in circles in "PlayerUnknown's Battlegrounds" while his chicken was being eaten by others.
(End of this chapter)
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