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

While Chen Mo was riding someone else's bicycle at the Jundu Hotel, Chen Taotao began frantically accumulating shares in the stock market.

That afternoon, Au Wing-yan voluntarily disclosed to the Hong Kong Stock Exchange multiple accounts belonging to her associates.

A series of accounts hold a combined 30% stake in Longfa Properties.

Ou Yongen also made a full takeover offer and proposed to issue an announcement.

When the news reached Wang Baiwan's ears, he was completely stunned.

He initially thought someone was trying to profit from their company's stock trading, but he never imagined that the company was being targeted.

The offer price of HK$3.70 represents a premium of nearly 20% over the current share price.

It's only been a little over a month since the stock market crash, and the market is currently in a slump. Anyone holding shares in this company who isn't stupid will basically sell their shares.

In other words, his position as chairman of the company is about to become unstable.

Just as he was feeling somewhat at a loss, the office door was suddenly pushed open.

His wife, Judy Tom, came in with her assistant, Wenjing Cheng.

Longfa Real Estate was founded by the couple. Although Wang Baiwan is the chairman, Tang Judy also holds an important position in the company.

Moreover, she is also one of the company's shareholders, and she has received the acquisition offer.

"Judy, what should we do now? Do you have any ideas?"

Wang Baiwan is starting to panic; he feels like his brain isn't working properly.

Judy Tang frowned: "The most urgent thing now is to contact our shareholders and tell them not to sell their shares."

"Also, how much money do you have? Can you buy the shares from those minority shareholders at a higher price?"

"I...I have no money left..." Wang Baiwan slumped into the chair, somewhat afraid to look up.

"What!" Judy's voice suddenly rose. "Wang Baiwan, explain yourself! Where's your money?"

Wang Baiwan explained in a low voice, "I bought back some of the company's circulating shares a few days ago, and I've almost spent all the money in my account."

"You're talking nonsense!" Tang Judy didn't believe Wang Baiwan's explanation at all.

"Although our assets are separate, do you think I don't know how much money you have?"

How could you possibly be broke when you only spent so much money on stock buybacks before?

Where did the money go?

"I've really spent it all. I only have a few million left in my account. I'm really out of money!"

When we were buying back shares, speculative capital entered the market and drove up our share price significantly; all my money went into it.

"Hmph!" Tang Judy snorted coldly, "Wang Baiwan, you bastard, you're still lying to me!"

Did you go gambling again? Or are you having an affair?

Wang Baiwan remained silent; he would rather die than admit to such a thing.

"You're not going to talk, are you? Since you're not going to talk, then I don't care anymore. Anyway, it's my money, and I can spend it however I want."

If you don't get your shares back, you can expect to be kicked out of the company!

After saying that, Tang Judy turned and went back to her office, leaving Wang Baiwan to sigh alone.

Back in her office, Judy Tang grew increasingly angry. She swept everything off her desk and stomped on it for a long time.

Cheng Wenjing stood at the door, watching Tang Judy go crazy.

After Tang Judy finished venting, he went over to her and helped her pick up the scattered documents on the floor and put them back on the table.

"Judy, now is not the time to be angry. You should think about what to do next!"

"What does it have to do with me? At worst, I'll just go home and be a rich woman. With the shares I own, I can get a lot of dividends every year, and I'll have to worry less."

Despite saying that, Judy still obediently picked up the phone and started dialing.

She and Wang Baiwan have been together since their student days.

After more than a decade of hard work, Longfa Real Estate has finally achieved a market value of several billion yuan.

Although the two of them only hold a combined 35% of the shares, they can still maintain their position as major shareholders.

If Chen Mo's takeover bid ends and his shareholding surpasses theirs, Wang Baiwan will definitely be ousted from his position as chairman.

Even if they hold a significant number of shares, they will certainly lose control of the company.

The only way to resolve this crisis now is to contact other minority shareholders and continue to increase their shareholdings.

However, as she made each call and received more and more replies, the disappointment on Judy's face grew deeper and deeper.

Not to mention buying shares from those minority shareholders, it would be difficult to even get them to continue holding shares.

Most people replied very clearly that they had agreed to sell their shares to Chen Mo.

It seems that the company's change of ownership is a foregone conclusion.

Finally, Judy Tom also sat down in the chair, looking utterly dejected.

Cheng Wenjing walked behind Tang Judy and kindly massaged her shoulders.

"What's wrong? Is the situation not looking too good?"

Judy Tang rubbed her temples: "Yeah, the real estate industry has been sluggish lately, and the company's stock price has been depressed."

Most of those shareholders have already agreed to accept the acquisition.

Unless I can offer more than 3.7 yuan, their shares will change hands.

Although she and Wang Baiwan are said to be worth over a billion yuan, that's their net worth, not cash.

She only has tens of millions in her own account, which is a drop in the bucket in the current situation.

Faced with Chen Mo's aggressive acquisition, the simplest way for them to resolve the current crisis is to bring in a "white knight".

However, it's easy to invite a god, but difficult to send him away.

Putting aside whether they can find a suitable "White Knight" now, who can guarantee that what they bring in won't be another hungry wolf?

She wouldn't want to use this method unless absolutely necessary.

Since I don't have enough money myself, I'll borrow some first!

As long as enough money can be borrowed, enough shares can still be purchased to maintain the position of the largest shareholder.

Unfortunately, money isn't so easy to borrow.

Tang Judy and Wang Baiwan were originally self-made, and they didn't have many wealthy, powerful, and close friends to begin with.

Judy's usual friends are mostly wives of colleagues or officials, so they are of little use at this time.

In addition, during this special period, the economy is contracting, and everyone is short of funds.

Moreover, since their company is facing a crisis, people will think twice before lending them money.

If the money is lent out and the company fails, it won't be so easy to get the money back.

When it comes to social circles, Wang Baiwan's friends might be more reliable.

With this in mind, Tang Judy got up again and went to Wang Baiwan's office.

In his office, Wang Baiwan was already making phone calls to borrow money.

He was equally anxious about his own company.

Seeing Tang Judy enter, Wang Baiwan said wearily, "Only Dayue is willing to lend me 20 million."

Just then, Wang Baiwan's assistant ran over.

"Chairman, someone named Chen Mo wants to see you."