Hong Kong variety show: The tycoon who emerged from Portland Street

"I've already contacted HSBC and several brokerages that hold shares in Lung Fat Properties," Robinson added.

"Because of the recent stock market crash, they are also under financial pressure. As long as the price is right, I think they will definitely be willing to sell their shares in Longfa Real Estate."

I haven't been in contact with some of the minority shareholders, but I have sent people to investigate them, and their financial situation is not very good either.

If we acquire the shares at a premium, they are very likely to sell them.

Ou Yongen also said, "I have prepared the disclosure documents and the acquisition documents for launching a full takeover offer. As long as the takeover price is determined, I can submit the application to the Stock Exchange at any time."

Chen Mo nodded: "Very good! Tao Tao, we can start tomorrow."

We've been preparing for over a month now. While I wouldn't say everything is perfect, there haven't been any major oversights.

Let's do it!

By acquiring a listed real estate company, Chen Mo had completely moved from behind the scenes to the forefront.

At that time, he will no longer be a fat sheep with billions of dollars in cash, but a real estate company boss.

According to Chen Mo's plan, after fully acquiring Longfa Real Estate, Longfa Real Estate will be delisted due to its overly concentrated stock holdings.

But it doesn't matter, the stock price will be even higher if we prepare to relist in the future.

At 9:30 a.m. the next day, Chen Mo and his entourage appeared on time at the Central Exchange.

Because they had given prior notice, the Stock Exchange had already prepared a dedicated trading room for them.

Through the floor-to-ceiling windows of the trading room, Chen Mo could clearly see the trading hall below.

Dozens of traders in red vests were already busy at work.

On the screen in the lobby, red numbers scrolled continuously, and transaction information from Longfa Real Estate occasionally flashed across the screen.

The morning market ended at 9:58.

At 10:00, the bell rang to officially open the market.

Chen Mo began to give orders.

"Taotao, start accumulating shares. No need to hide them today, let the big players be mentally prepared."

"Attorney Ou, once we have 25% of the shares, you can submit an announcement to the Stock Exchange."

We don't need to wait until a mandatory takeover offer is triggered.

"Understood!" "Understood!"

Chen Taotao called the trader: "I want all of Longfa Real Estate's shares, below three yuan!"

Downstairs, a trader in a red vest looked up at Chen Mo's trading room and exchanged a glance with Chen Taotao behind the glass.

After exchanging glances with Chen Taotao, the trader ran to the front of the table and crossed out all the sell orders below three yuan for Longfa Real Estate on the blackboard.

"Longfa Real Estate, I'll take them all if they're under three dollars!"

"What?"

"You want them all?"

Who is it?

........

A stone stirred up a thousand waves.

A big spender has arrived!

That's how it was in the era of artificial transactions.

Such a large-scale operation is hard to hide, but incredibly easy to flaunt.

Three yuan is already the recent high point for Longfa Real Estate's stock price.

Upon seeing that someone was willing to buy a large number of shares at this price, many people immediately began to cash out and leave the market.

"Longfa Real Estate, three dollars, 50 lots of sell orders, do you want them?" A trader ran to the blackboard and shouted as he wrote.

"Yes!" The sell order that had just been written was crossed out.

"Longfa Real Estate, three dollars, 200 lots available for sale, want it?" Another message appeared.

"Scanned!" was crossed out again.

"Longfa Real Estate, three dollars, 100 lots available for sale." "I want it!"

......

Longfa Real Estate, Wang Baiwan's office.

"Chairman, the Hong Kong Stock Exchange has a large amount of funds acquiring our shares."

Wang Baiwan looked up at his assistant: "Have you found out where the funds came from?"

"Not yet! I've looked at the trading volume of our company's stock recently, and it seems someone is secretly accumulating our shares."

The other party came in aggressively today; they probably have ill intentions.

"Investigate this immediately!"

As a self-made billionaire, Wang Baiwan has a keen sense of perception.

His assistant's brief report made him realize that things might not be so simple, and a sense of crisis quickly welled up in his heart.

Wang Baiwan's brows furrowed deeper and deeper. He then picked up the phone and called his wife, "Judy, come to my office quickly, something might be wrong!"

......

The Stock Exchange of Hong Kong, trading room.

"Brother Mo, we've acquired another 2% of the shares, but the stock price is a bit too high now. And the big players are trying to take more shares from us!"

Chen Mo looked at the screen on the terminal in front of him; Longfa Real Estate's stock price had risen to 3.1 yuan.

"Let him rob us. As long as it's not more than three yuan and thirty cents, we'll keep smoking. Let's see how much money he can have to fight me for."

Chen Mo had anticipated this. Although he might have to pay a premium of around 20% when launching a full takeover bid, as long as the acquisition price didn't exceed four yuan, he would still make a profit.

As for Longfa Real Estate, according to Ou Yongen and Robinson's investigation, their current funds are not very abundant.

Even if they were allowed to grab chips, how many could they possibly grab?

"Longfa Real Estate, 3.12 yuan, 20 units available, want it?" "Yes!"

"Longfa Real Estate, 3.13 yuan, 800 lots, want it?" "Yes!"

.......

"Longfa Real Estate, 3.2 yuan, 600 units, want it?" "Yes!"

Chen Taotao suddenly turned to Chen Mo and said, "Brother Mo, a few speculative funds have entered the market and are competing with us for shares. Longfa Real Estate's stock price is rising a bit too fast right now."

At this rate, we probably won't be able to grab enough chips before 3.3 yuan.

Chen Mo sneered, "Then we'll take it slow and leave the battlefield to them and the bookmakers."

These speculative funds are like hyenas; wherever there's a smell of meat, they'll go and take a bite.

Chen Mo and the big players are now vying for shares, and Longfa Real Estate's stock price is rising all the way up, attracting many who want to take advantage.

However, they wanted to hitch a ride with Chen Mo, but they didn't expect that getting on the bus would be easy, but getting off would be difficult.

With Chen Taotao no longer vying for shares, Wang Baiwan and other speculative investors were able to acquire shares much faster.

Many retail investors who left the market had their shares snapped up by both sides.

However, after a while, they realized something was wrong.

How did accumulating shares become easier?

Then, their accumulation speed unconsciously began to slow down.

Chen Mo smiled and said, "You want to stop? Did you ask me?"

"Taotao, keep accumulating shares, and stop when the big players and speculative funds start to move."

As a financial expert, Chen Taotao immediately understood Chen Mo's idea.

"Brother Mo, you're so naughty!"

Chen Taotao immediately issued instructions to continue accumulating shares.

A few minutes later, Wang Baiwan and the speculative funds started moving again.

As soon as they moved, Chen Taotao stopped.

Over the next few hours, Chen Taotao repeated this maneuver several times, deliberately provoking Wang Baiwan and speculative investors to compete for shares, driving Longfa Real Estate's stock price up to 3.7 yuan.

On this day, Lung Fat Properties became the focus of the Hong Kong Stock Exchange.

In the month following the stock market crash, Longfa Real Estate was the only stock to see a single-day increase of more than 20%.

But the story isn't over yet; the stock market hasn't closed!

"Taotao, slowly release the chips we grabbed today and get our funds back."

"Okay!" Chen Taotao nodded with a smile.

He already knew what Chen Mo was going to do.

When the market closed in the afternoon, Chen Taotao sold off all the chips he had bought that day.

He bought his chips at prices below 3.3 yuan and sold them at around 3.6 yuan.

Profits were substantial!