Hong Kong Movies: You Hongxingzi, what the hell is the charity king?

Chapter 361 "360" 55% shares! Guan Zu officially becomes the chairman of ATV!
Now New World + Zhou*fu have a large funding gap and a high debt ratio. Once exposed, the stocks will easily collapse.

During this period, Boss Zheng has been selling some assets to fill the hole. The money from the last short sale was used to fill the hole.

Unexpectedly, he was still discovered.

"Short selling? Who?"

Mrs. Zheng's face also changed. She was not some ignorant white rich beauty. If others dared to short sell, they must have discovered the problems of Zheng and were confident in making trouble.

Boss Zheng shook his head: "I don't know. The bank didn't tell me."

When it comes to information leaks, banks and securities companies will bear certain risks. The other party (Boss Li) may file a lawsuit against the bank on the grounds that the bank has violated its confidentiality obligations. The bank may need to bear corresponding legal responsibilities and compensate Boss Li for the losses he suffered due to the information leak.

Mrs. Zheng: "What problems are we facing in our company now?"

Boss Zheng: "There is a big problem with the funds..."

He told his wife about his eldest son's expeditions and acquisitions of a large number of assets.

Mrs. Zheng was simply silenced.

Is the eldest son such a jerk?

Boss Zheng sighed, "It was because of that incident in the 1970s that I was too conservative, which led to Ah Chun thinking that I was too conservative!"

The father lacks prestige.

The son was so confident that he didn't listen to his father at all.

Mrs. Zheng was very angry when she heard this: "This poor boy, I didn't take care of him for a while, I didn't expect him to become like this!"

Just then, Mr. Zheng came home drunk.

When Boss Zheng saw it, he was immediately furious.

Why are Boss Li’s two sons so sensible, worry-free and capable?

And his two sons are just two pigs.

The eldest son didn't say anything.
If the second son wasn't so worry-free, he would have a very good girlfriend, Kwong * Yun, who was the runner-up of Miss Hong Kong in 82. She is now 29 years old, talented and beautiful. Boss Zheng is also very satisfied with this "future daughter-in-law". When Boss Zheng was critically ill, Kwong * Yun even prayed for Cheng Yu-tung.

The results of it?
His own son was a playboy and fell in love with Anita Mui, which directly led to a love triangle and caused a sensation in Hong Kong.

Contributed a lot of KPIs to Hong Kong Island Entertainment.

When Mr. Zheng saw his father's gloomy face, he was so scared that he sobered up.

"Ahem~ Dad!"

"Who did you hang out with today?!"

"Um...I went out for a drink with some friends."

"roll!"

Second Master Zheng: “???”

I didn't dare to say anything more and went upstairs in shame.

Zheng Daheng sat down angrily, thought about it, and called the editor-in-chief of Sing Tao Daily.

A minute later, Boss Zheng hung up the phone.

Mrs. Zheng: “How is it?”

Zheng Daheng's face was gloomy: "Sing Tao Daily said that Boss Li gave them money to report on our New World Group's financial debt problem."

"So, it was Boss Li who was short selling us."

He felt very awkward.

Once the negative news comes out, Boss Zheng will face a huge risk of a broken capital chain.

First, there is the risk of debt collection: banks and other financial institutions may reassess the loan risk and require Company 1 to repay part or all of the loan in advance. Suppliers may also worry about the problem of collecting payment and may shorten the credit period or require cash transactions, or even suspend supply.

Secondly, without the ability to obtain loans, institutions and individuals that were originally interested in investing or providing financing may be discouraged, making it more difficult for Company 1 to obtain funds through equity financing, bond issuance, etc.

Third, accounts receivable will become more difficult to collect, and orders will decrease...

At last……

The capital chain is broken!
The entire group entered a vicious cycle!
"Everything changes with time~~~"

Some time ago, he, Guan Zu and Boss Lin shorted Boss Li twice in a row, and the three of them made a total of nearly 40 billion.

This time, it was Boss Li's turn to fight back.

Boss Zheng called his secretary and asked him to go to major newspapers to inquire about the situation.

20 minutes later, the secretary reported that major newspapers had accepted money from Boss Li to report on Zheng Daheng's company.

Even if Boss Zheng wanted to bribe him, it was too late. Boss Li had already paid, so it was impossible for him to pay more.

"Dad~~~"

At this time, another KPI provider for Hong Kong gossip, Mr. Zheng, also returned.

Also drunk.

Boss Zheng became more and more angry as he looked at him: "You rebellious son, come here!"

The eldest son of Zheng was much more confident and confident than the second son, and he was not afraid at all: "Dad, what's the matter?"

Boss Zheng said angrily: "How dare you say that? Do you know that our company is in big trouble now?"

Master Zheng was stunned for a moment: "Trouble? What trouble?"

Boss Zheng was very disappointed: "Boss Li shorted our company and has bought all the major newspapers. Tomorrow he will report that our company is short of funds... Do you understand what the consequences will be?"

Young Master Zheng: “…………”

Boss Zheng: "At the meeting tomorrow, I will remove you from your position as chairman of the board of directors!"

Tomorrow, the funding issue will be the focus of the report, and the unreliability of Mr. Zheng will be another focus of the report.

At this time, we must cut the Gordian knot.

Young Master Zheng: “…………”

No, I just failed like this?

My grand plan!

My thriving ambition!

After sending away Mr. Zheng, Boss Zheng couldn't help but think about who he could borrow money from.

The business world is like a battlefield. He has almost no friends he can trust in matters like this. He is also friends with Boss Li, but when it comes to cheating in the business world, he is ruthless.

bank?

In this situation, it would be strange if the bank was willing to lend money!
Suddenly, he thought of Guan Zu.

If he remembered correctly, Guan Zu used 10% of Hysan Properties to borrow 10 to 3 billion, although he returned million to himself and Boss Lin.

"But... can Guan Zu be trusted?"

Zheng Daheng hesitated.

"Will he take advantage of the situation?"

"Seize the equity of my New World Development?"

After all, friends in business can sometimes quickly turn into enemies.

As he hesitated, he thought about Guan Zu's various actions.

Huh~~~~
What if Guan Zu is still unreliable?

Are there any reliable people in this world?

No!

Guan Zu is definitely the kind of person whom you can trust with your back!

Thinking of Guan Zu, Zheng Daheng's mind suddenly came up with a bunch of positive words:

Sunshine! Kindness! Tolerance! Reliability! Credibility! …

Too many!
I can totally trust Guan Zu!

……

……

then……

after an hour,

Causeway Bay, fresh pork offal porridge late night snack stall.

Boss Zheng, along with four or five bodyguards, came to Causeway Bay and arrived at the address given by Guan Zu.

Then I saw Guan Zu running to line up and get fresh pork.

"Boss Zheng, here, what do you want to eat?!"

"Do you want to have some fun with the pig?"

Guan Zu waved to Boss Zheng.

Boss Zheng: “…………”

Silence is Cambridge tonight.

If he dared to say "yes", it would probably spread all over Hong Kong tomorrow: "I have some exciting news for you! Boss Zheng likes to eat pork!"

Soon, Boss Zheng followed Guan Zu and queued up to choose pork.

Many neighbors were surprised when they saw it.

"Oh my god, isn't this Boss Zheng?"

"Boss Zheng also likes to eat midnight snacks?"

Soon, Guan Zu and Boss Zheng picked the pork and returned to the table.

Guan Zu: "I wanted to choose seafood porridge, but thinking about you old people, each of you is prone to gout, I decided to forget it."

Boss Zheng: “…………”

It feels too lifelike. How long has it been since I last experienced such a down-to-earth experience?

When I think back to my childhood, I would secretly take my unmarried wife with me to have supper at my father-in-law’s home in Macao.

After eating a bowl of porridge,

Boss Zheng started talking about business and told Guan Zu about the current situation.

Guan Zu nodded: "How do you want to solve it?"

Boss Zheng: "I know you want ATV shares. I have 46% of the shares on hand, and I will sell them all to you... If it were someone else, I would sell it for 6 million, but you are different, I can sell it to you for 5 million..."

Guan Zu: “Okay!”

This price is a friendly price.

As long as the ATV shares arrive, he will be the largest shareholder.

Boss Zheng: "Also, I want to borrow 40 billion from you. I can use assets as collateral. Chow Tai Fook, or New World shares, or some land, buildings... It's all fine. The term is three years."

He doesn't care about short selling or anything like that.

The only thing he could do was to borrow money to deal with the bank's loan withdrawal and suppliers' debt collection.

As long as we give banks and suppliers enough confidence, we can stabilize the confidence of investors and shareholders. It doesn't matter if the stock price falls, we can still take the opportunity to buy back the stocks.

Guan Zu smiled and said, "It's no problem to borrow money. I don't have 40 billion on hand right now, but I can promise that 1 billion will be in your account within one month."

Guan Zu: "Also, I want one more thing!"

Boss Zheng: “What is it?”

Guan Zu: "Now that New World Group is in trouble, the shares of Changjiang Group you have become less important, so you might as well sell them to me."

The shares of the three are all controlled below 5%, Boss Lin's is 3.1% and Boss Zheng's is 4.8%.

Boss Zheng: “Okay.”

That’s right, the shares of the Changjiang Group are now useless to him.

Guan Zu raised his glass: "Happy cooperation then."

Boss Zheng: "It's a pleasure to work with you."

After reaching an agreement with Guan Zu, he finally felt relieved and a little more secure.

Guan Zu didn't say any polite words. Just sitting in front of him and being his ally was enough to give him a sense of reliable security.

This may be Guan Zu’s personal charm.

Once the two of them had reached an agreement, they didn't waste any more time and started looking for someone and a lawyer to draft a contract.

Then, I called Boss Lin.

After hearing this, Boss Lin felt like crying but had no tears.

How come I became the second largest shareholder out of nowhere?

It’s over, ATV has changed hands!
But he couldn't say that you couldn't trade, because it would hurt feelings. After all, Guan Zu helped him make a lot of money.

Forget it, forget it. Maybe with Zu Zai around and his many tricks, it is not certain that ATV will be able to defeat TVB in the future.

Think about it this way.

hey~~~
Much more comfortable!

With Guan Zu and Boss Zheng reaching an agreement, the contract was quickly finalized.

2 hours later, both parties signed!
Guan Zu acquired 46% of ATV shares, with a total stake of 54%, and officially became the largest shareholder of ATV.

At the same time, it acquired 4.9% of the shares of the Yangtze River Group held by Boss Zheng, plus the 4.5% held by Guan Zu, for a total of 9.4% of the shares.

……

……

a new day,
Hong Kong Island in November

Hong Kong Island welcomed the cold air from the grassland today. It became chilly and fog filled the whole city.

As the atmosphere of life gradually increases, the whole of Hong Kong is revived.

Newspapers were spread out on the newsstand.

"New World Group's debt ratio reaches 72%! Zheng Dagong's aggressive acquisition triggers New World crisis!"

"New World's expansion path: High debt concerns behind the 140 billion acquisition"

"Is Mr. Zheng a brave and daring person, or a reckless and reckless person?"

《…………》

There are also some newspapers whose headlines are about another news.

"Asia Television changes ownership, Guan Zu successfully owns 54% of Asia Television's shares!"

"The Change of ATV..."

Wherever Guan Zu goes, he is the person that Hong Kong citizens pay the most attention to, which causes most citizens to subconsciously ignore the news reports about Boss Zheng.

In front of the newsstand, citizens took a quick look.
"What, ATV changed ownership?"

"Mr. Guan has become a major shareholder?"

"Haha~~ Now TVB has a fight to make. Mr. Guan is still very good at stirring up trouble."

Many citizens became interested, and even other citizens who did not sell newspapers were attracted to come over.

"Boss, give me a copy of Mr. Guan's newspaper!"

"Ok!"

"Give me one too..."

"I also want……"

Most of the citizens read newspapers reporting on Guan Zu.

As for the news about Boss Zheng and the New World crisis, unless you are a shareholder who has purchased New World shares, most people feel that Boss Zheng is too far away from them and are not particularly interested in him.

This resulted in newspapers with Guan Zu as the headline selling particularly quickly.

However, newspapers about Boss Zheng and New World Crisis were selling slowly.

then,

Guan Zu successfully stole the spotlight!

……

Li family villa.

ATV morning news, reporting ing,

"From today on, Mr. Zheng will officially withdraw from the ATV board of directors. At the same time, all the shares will be transferred to Mr. Guan Zu..."

"This means that Mr. Guan officially owns 54% of Asia Television's shares, making him the largest shareholder of Asia Television."

Boss Li couldn't help frowning as he watched TV.

"Why did Boss Zheng suddenly sell his shares?"

"And it's Guan Zu..."

"Will the two of them have new cooperation?"

However, he is still full of confidence.

Because banks and financial institutions will see the news I posted, they will definitely inquire and investigate Boss Zheng. Once they find out something, they will definitely ask for loan repayment and reduce new loans...

And selling off New World shares held in hands is a routine operation!

……

As Boss Li thought,
The banks responded extremely quickly.

HSBC Bank, inside the headquarters building.

After seeing the news, the HSBC boss frowned and called the secretary to order: "Arrange personnel to immediately retrieve all loan information of New World Group, from loan amount, term, mortgage assets to repayment records, no detail can be missed. We need to re-evaluate its risk level and determine whether additional mortgage or early collection is needed."

On the other hand, Standard Chartered Bank also took similar actions.

Moreover, Standard Chartered Bank happened to have a loan ready to lend to New World Group.

When the loan manager saw the news, he called New World Group directly and said, "Given the current situation, we can only temporarily put the new loan project on hold. We must first conduct an in-depth investigation into your group's capital chain. I hope you can understand."

Other banks also took action.

In the financial market, panic spread quickly among New World Group's investors after seeing the news reports.

At the stock exchange, New World Group's stock price began to plummet like a kite with a broken string after the market opened...

Many stockholders realized that something was wrong.
"Hurry, help me sell New World's stock. This trend is so wrong!"

“Why did the stock price fall so much?”

"What? Financial risk?"

"Mr. Zheng got more than 100 billion yuan out of the bank?"

"Oh my god~~~"

Many investors were frightened and quickly sold their stocks.

……

……

New World Group,
Rooftop meeting room,
A high-level meeting is being held urgently.

Boss Zheng, Mr. Zheng, and leaders of various departments... were all present.

The atmosphere is rather heavy.

Each department leader seemed a little pessimistic.

If the capital chain is broken, the company's financial hole will become a bottomless pit that is difficult to fill.

Boss Zheng didn't wait for others to speak, he got straight to the point and reassured everyone.

"I believe everyone has seen the news. The group's current financial situation is very tight. Our short-term debts are about to mature, but we don't have much cash available. The bank is constantly calling us to collect debts. We may face the risk of a broken capital chain..."

"but!"

"Everyone can rest assured, I have already borrowed 40 billion from Mr. Guan"

"And currently, 12 billion has been received."

"The remaining 28 billion will be credited to your account within a month..."

As soon as Boss Zheng finished speaking, several department leaders couldn't help but raise their heads slightly, with surprise and hope on their faces.

"40 billion?"

"That's great. With this money, we will have a lot less stress!"

"Yes, we can first pay part of the bank loan interest that is about to expire, and the payment to some key suppliers, to stabilize them temporarily."

One by one, they regained their confidence.

After all, no one wants this group to collapse.

They are all vested interests, and if it collapses, they will suffer huge losses.

After confidence was restored,

Boss Zheng said solemnly: "Achun's aggressive investment strategy is to blame for this crisis. After careful consideration, we have decided to remove him from his position in the group and let me take over as chairman of the board and take over New World Group."

Young Master Zheng's face suddenly turned pale.

Many executives were delighted.

Very good!
Now that Boss Zheng is back, they have confidence!
Boss Zheng made a bold move: "PR Department, you guys prepare a press conference immediately. I will personally explain the situation to the public at the press conference. At the same time, I will call the senior executives of each bank to communicate. We must give the market enough confidence."

……

ATV here,

Chairman's Office.

Guan Zu had a one-hour-long negotiation with Boss Lin.

……

In the president's office,
President Liang Shuyi looked unhappy.

The sky seems to be collapsing!
(End of this chapter)