In Hong Kong, we build a global business empire

The market value of Hong Kong Telephone Company is less than 3 billion Hong Kong dollars. Such a scale may be an astronomical figure for many people. The acquisition may require careful planning and even all efforts.

However, for Lin Haoran, the funds required to completely acquire the Hong Kong Telephone Company were still within his affordable range.

After all, the Hong Kong Land Group itself already holds 10 million shares in Hong Kong Telephone Company, which accounts for more than %.

With this foundation, Lin Haoran was full of confidence in further increasing his holdings and even ultimately acquiring the Hong Kong Telephone Company, and the cost was also much lower.

With the strong strength and accurate market judgment of the Hong Kong Land Group, this acquisition will surely come to fruition and successfully achieve their goals.

Ma Shimin also suggested that given the uniqueness of Xiangjiang Telephone, it would be best to maintain its listing status.

In this way, there is no need to make a 100% acquisition, and a maximum investment of more than a few billion Hong Kong dollars is required.

For the Hong Kong Land Development Group, which currently has more than HK$10 billion in cash reserves, these tens of billions of Hong Kong dollars can be easily taken out.

After hanging up the phone, Lin Haoran went to wash up and rest early.

If it were two years ago, he would have taken such a big thing as the acquisition of Hong Kong Telephone Company very seriously, and he might even have been unable to sleep at night.

But two years have passed, and he has undergone tremendous changes. Although Hong Kong Telephone Company is also a giant in Hong Kong, compared with the business he now controls, Hong Kong Telephone is not that impressive.

Moreover, Lin Haoran also believes in the team of Huanyu Investment Company and the abilities of Ma Shimin.

He believed that when he woke up, if nothing unexpected happened, he would receive good news from Hong Kong the next morning.

So he fell asleep quickly.

The attention shifted to Xiangjiang.

After finishing his call with his boss, Ma Shimin immediately called Dai Shi.

The strategy has changed. It is no longer just holding 34.9% of the shares, but there is no upper limit!

As long as the stock price is reasonable, buy it!

The Swire Group will prepare the merger and acquisition materials.

As long as you apply to the Securities and Futures Commission, whether the acquisition will be successful in the end is another matter.

When Dai Shi received Ma Shimin's call, he was busy dealing with some details of acquiring Hong Kong Telephone Company stocks, the most important of which was to study the situation of pending orders.

When he heard Ma Shimin say that the acquisition strategy had changed, he immediately became excited and asked in detail about the specific content of the new strategy.

"Mr. Ma, do you mean that we are no longer limited to holding 34.9% of the shares, but we should acquire as many shares of Hong Kong Telephone Company as possible?" Dai Shi confirmed.

"That's right, Mr. Dai, your understanding is completely correct." Ma Shimin responded with a smile, "As long as the stock price is reasonable, we will buy it. The Hong Kong Land Group will prepare the acquisition materials, so you can just go ahead and do it boldly."

The funds for the acquisition of Hong Kong Telephone Company were provided by the Hong Kong Land Group instead of using funds from the account of Universal Investment Company, so Dai Shi did not have any financial burden.

Now that he heard Ma Shimin say that he wanted to launch a merger-style acquisition of Hong Kong Telephone Company and was no longer limited to 34.9% of the shares, and that it was the boss's personal request, it would be easier for Dai Shi to handle the matter.

"Okay, Mr. Ma, don't worry, I will start trading this afternoon. From what I can see now, as long as we trade properly, it won't be a problem for the China World Holdings Group to hold more than 40% of the shares today!" Dai Shi replied with a smile.

The Hong Kong Land Group already holds 10.95% of the shares. With the nearly 27 million shares acquired in the morning, the Hong Kong Land Group actually holds nearly % of the shares of Hong Kong Telephone.

Judging from the situation of Hong Kong's four major stock exchanges in the morning, it would not be a problem at all to absorb several million or even ten million more shares in the afternoon!

Next, we just wait for the action in the afternoon.

Just before 1 p.m., one of his subordinates called Dai Shi again and reported some comments made by shareholders of the four major stock exchanges.

These investors, because they chased high prices in the morning, ended up buying a lot of Hong Kong Telephone Company shares, which have now become a hot potato.

Some people had clearly set the price at HK$27 or even HK$26 per share in the morning, but the mysterious person behind the scenes seemed to have disappeared. After buying heavily in the first five minutes of the morning, there has been no movement since then.

Therefore, even during the one-hour lunch break at noon, many investors did not dare to leave the exchange.

They are all concerned about their orders in the secondary market, fearing that they will not be able to sell them and end up with nothing.

Because there are too many orders now. In the morning, there were as many as three to four million orders within HK$30.

The more orders there are, if there are fewer buyers, the stock price will naturally fall.

For many investors, this day was simply torture.

At one o'clock in the afternoon, as the four major stock exchanges in Hong Kong opened on time, the trading hall was instantly filled with people, and a tense and heated atmosphere enveloped the entire space.

In the office of Huanyu Investment Company, Dai Shi sat firmly at the command center, with rows of busy traders in front of him.

Each trader occupies a workstation and is equipped with a telephone.

At this moment, they were concentrating on making phone calls, maintaining close contact with traders from the four major stock exchanges, understanding the subtle fluctuations in the share price of Hong Kong Telephone Company in real time, and making quick decisions to buy or sell based on market conditions.

After the stock market opened, Dai Shi and his team began to take action. They slowly and quietly absorbed the orders around HK$25 and carefully controlled the market rhythm, neither allowing the share price of Xiangjiang Telephone to fall below the key price of HK$25, nor allowing it to rise rapidly due to excessive buying.

This delicate balance is the result of their careful planning.

They are very clear that once the stock price falls below HK$25, it will trigger more panic selling among shareholders, thereby further suppressing the stock price. At that time, the front-line market makers will definitely enter the market. In this way, the traders of Huanyu Investment Company will have competitors. If the stock price rises too quickly, it may attract the attention of other large funds, increasing the difficulty and cost of acquisition.

However, this balance is elusive for ordinary investors.

They watched the stock price hovering around HK$25, feeling uneasy and confused.

Some people began to wonder whether they were being shorted by the market makers and became the "leeks" being harvested.

The spread of this sentiment made the atmosphere in the trading hall even more tense.

Investors were whispering to each other, discussing the market trends and possible response strategies.

Dai Shi and his team remained calm and focused amidst the chaos and continued to operate according to the established plan.

As time went by, the shareholding ratio of the Swire Group gradually increased under the careful operation of the traders.

Investors also found that the share price of Xiangjiang Telephone had not risen, and they began to feel powerless and confused.

The good thing is that at least there was no big drop, which is good news for investors.

As long as the price doesn't fall too much, even if they lose money, it won't be too much.

The stock of Hong Kong Telephone has now disappointed many investors, especially those who only make short-term purchases and sales and do not hold stocks for a long time.

They were originally looking forward to taking a chance in this market trend and making some profits.

However, reality dealt them a heavy blow.

At this moment, many investors are facing difficult choices.

The Hong Kong Telephone stocks they held seemed to be in a situation where no one was interested in them. If they wanted to sell them, they could only sell them at a loss and suffer a lot of losses.

This situation made the shareholders who already held the stock start to panic.

They are worried that at least there are still people who are buying at the price of HK$25. But if the stock price of Heung Kong Telephone cannot even maintain HK$25, will there be a big drop next?

This concern quickly spread among investors, further exacerbating the panic in the market.

In fact, this concern is not without reason.

In the stock market, the rise and fall of a stock is often affected by a variety of factors, and the quality of a company will not always keep its stock price rising, including company performance, investor sentiment, etc.

The current predicament of Hong Kong Telephone’s stock is the result of the combined effect of these factors.

It is obviously a very high-quality enterprise, but compared with the current booming real estate industry, it seems relatively ordinary.

However, for Dai Shi and his team, this was a critical moment in their acquisition efforts.

They know very well that only by taking full advantage of the market's panic can they acquire more stocks at a lower price.

Therefore, Dai Shi and his team continued to remain calm and patient. They closely monitored every subtle change in the market, looking for the best time to buy.

As time went by, the share price of Hong Kong Telephone still hovered around HK$25, while the shareholding ratio of the Hong Kong Land Group was quietly increasing.

The anxiety and uneasiness of the shareholders became the best cover for Dai Shi's team.

They took advantage of this market sentiment and quietly absorbed more stocks.

Time passes quietly like fine sand.

When the clock struck 3:40 p.m., Dai Shi reviewed the current progress of the acquisition again.

Throughout the afternoon, their team had quietly absorbed a total of 482 million shares of Hong Kong Telephone, and what was exciting was that the average unit price of these shares remained at around HK$25!

This undoubtedly greatly reduces their acquisition costs.

He quickly instructed his subordinates to make a detailed statistics of the stock orders currently in the market with a price below HK$30.

The results showed that within the price range of HK$25 to HK$30, there were still as many as 869 million shares waiting to be executed.

Seeing that there were only ten precious minutes left, he made a decisive decision and issued the final instructions to the team: "Buy all the orders between HK$25 and HK$30!"

As soon as the order was issued, the traders took quick action.

When the exchange bell rang, all the orders had been absorbed by the team.

Some investors noticed something strange about Xiangjiang’s phone call and wanted to withdraw their orders, only to find that their orders had already been sold.

And the last transaction of Xiangjiang Telephone was also fixed at HK$30 per share!

Throughout the afternoon, the number of shares held by the Swire Properties Group increased by approximately 1350 million shares!

The shares of Hong Kong Telephone held by the Hong Kong Land Development Group have now reached a terrifying 41.6%. (End of this chapter)