Vicious dogs in Hong Kong, entrepreneurs practicing evil cultivation
Chapter 25 Dog in the Spotlight
Child prodigy predicts milk futures, rakes in millions in stock market profits
The Tianfeng Daily published an article:
Chan Kwun-kong, the owner of Yahoo! Media, invested in Dairy Farm three months ago, increasing his stake twice to a total of 9.24 shares, spending a total of HK$738 million, with a cost of HK$80 per share.
The current share price of Dairy Farm International Holdings Limited has exceeded HK$200, with the value of the shares reaching HK$1848 million and the profit exceeding HK$10 million. The company has not yet sold its shares, but may be considering exchanging them for new ones.
The Hang Seng Index is already booming, and milk is even more so. Any news about milk will become a hot topic, let alone when it is held by a private "big retail investor" with nearly 1% ownership.
"Have you read the newspaper? That kid made thousands frying milk!"
"Earn enough for three lifetimes in three months!"
"I've heard that the Lee family is the bookmaker, and Sir Zhou has a history with them!"
“…………”
If there is a face, there is truth; if there is no face, one can be a great lawyer.
Although many people find it hard to believe that a child could have such abilities, the thick stack of paper shareholding certificates in the photo cannot be faked, including the transaction dates and proof of leverage from Huoduoli.
Hong Kong people have an extreme worship of money and a yearning for the myth of getting rich overnight. This yearning makes them hope that everything can happen to them.
As a result, the milk powder stock price surged again, instantly breaking HK$220 per share. Also rising in value were Chen Guanjiang, Yin Xun Media and his "Hyena Daily".
………………
Jardine Matheson headquarters, Prince's Building.
The foreigner, Val, and the traitor, Song Qifeng, stood at attention, trembling with fear, awaiting their boss's reprimand.
After reading this morning's newspaper, Henry Keswick kept talking about SD and FK, both scolding his subordinates and expressing his dissatisfaction with that mad dog.
Six months ago, when all parties decided to take action against Zhou Xinian, the Jardine Matheson Group began to dismantle the equity structure of Dairy Farm Company.
Find out the shareholding percentages and locations of all shareholders, and ensure that you contact all shareholders as soon as possible to conduct a share swap.
Chen Guanjiang began holding shares in Milk Company in early August, and subsequently made two significant increases in his holdings. All of this was done right under the noses of the Jardine Matheson Group and did not attract enough attention.
After all, taking down Zhou Xinian was a joint decision made by multiple parties, and HSBC, which was at odds with Jardine Matheson, also had to cooperate with this action.
Chen Guanjiang used leverage, pledging his paper shares to HSBC, which, in Jardine Matheson's view, was already a sure thing.
As long as HSBC is informed and the margin financing for that silly little dog is cut off, he, who is eager to repay the loan, will have no choice but to obediently cooperate with the stock swap.
An acquisition is absolutely out of the question!!
The share price of Dairy Farm International Holdings Limited has exceeded HK$220 per share, while its true value is only around HK$50 per share. Only a madman would acquire it with cash.
The previous stock price surge was not only to stimulate the market, but also to cash out the shares acquired at low prices when the stock market was overheated.
After all, the exchange of 6500 million shares of Hongkong Land Group for 1000 million shares of Dairy Farm International Limited will dilute nearly one-third of Hongkong Land Group's equity.
This would significantly reduce Jardine Matheson's stake in Hongkong Land. Jardine Matheson would need to sell at a high price and then drive down Hongkong Land's share price to increase its holdings in order to maintain its controlling stake in Hongkong Land.
However, now!!
That mad dog not only didn't switch shares, but also exposed its shareholding ratio, including the margin financing certificate from Huoduoli, making it known to everyone in Hong Kong and Kowloon.
The article published in the Hyena Daily was rejected by Shenji Printing for being inaccurate, so the mad dog turned around and handed the news article to the Tianfeng Daily.
Clearly, Chen Guanjiang didn't want to break off relations; otherwise, he would have submitted his article to the Dagong Daily instead of the Tianfeng Daily.
Alternatively, the printer of the Hyena Daily could be changed from Shenji Printing to Daqian Printing, thus fully dedicating himself to assisting the newspaper.
"That stupid dog with triple leverage can't hold on for long; it will definitely sell in the stock market."
"We'll investigate who bought the shares and then swap them for dairy shares..."
“…………”
Henry Keswick glanced at the two idiots in front of him with his blue eyes and said calmly, "Find out who he sold the stocks to, then work on those people. If you still can't do that..."
"Henry, I will definitely get my shares back!"
"Boss, we won't mess this up again!"
"Put away your arrogance; the past is no longer the past..."
“…………”
Never force anyone!!
If a newspaper is forced into becoming a subsidiary due to the interests of a conglomerate, even if the merger with Dairy Farm was tacitly approved by many parties, Jardine Matheson will not escape accountability from the Hong Kong government afterward.
After all, the wind has shifted.
Six years ago, they could arbitrarily suspend the publication of three supplementary newspapers and arrest all three printing supervisors and send them to Stanley Prison, but now they would never dare to repeat the same actions.
Although everyone is convinced that what was bombed last year was just a big bomb and not capable of being thrown into Europe or North America, Hong Kong is definitely within its strike range.
...............
Mid-mountain area, Keton Road.
Zhou Xinian, already frail and exhausted, was now even more worn out. This was his sixth phone call, accusing Jardine Matheson of illegal and malicious forced acquisitions that disrupted Hong Kong's normal financial order.
Unsurprisingly, the person on the other end of the phone remained vague and evasive.
These people also clearly see that the forced share swap is only targeting Zhou Xinian personally.
In other words, Zhou Xinian is finished, so who would risk the wrath of the world?
After hanging up the phone, Zhou Xinian was unwilling to accept his fate. Since the matter could not be resolved through official channels, he could only try to influence the general public.
After all, all parties merely tacitly allowed the Jardine Matheson consortium to seize power, rather than taking all the shares of the dairy company. To gain control, someone had to exchange shares.
What if the shareholders are unwilling to make the change? Even MacLehose cannot force others to do so, in order to maintain control of the Dairy Farm Company.
however!
The original milk company was founded by a Scottish doctor, with Paul Chater, the founder of Hongkong Land Group, investing in it and obtaining a seat on the board.
It later merged with an American ice factory and a British ice factory to form the milk ice company it is today.
It was originally a British-owned trading company, and the reason it was taken over by this "high-class Chinese" was simply because he had wielded immense power and influence in his early years.
But now, its glory days are over.
In addition, his so-called "keeping a low profile" approach, neglecting the company's development, makes it extremely difficult to persuade the foreigners who already have grievances against him to give up the share swap. It's much easier to communicate with Chinese people who share the same roots.
Among the Chinese shareholders of Dairy Farm, Chen Guanjiang is not the one with the most shares, but he is the one who is most restless.
The article published this morning was absolutely explosive.
Many people don't care whether he switches stocks or sells them, but they do pay attention to how he chooses to invest, since he started strategizing three months ago.
In other words, before Chen Guanjiang makes his choice, some people will wait and see before making their own choice.
This period would give him time to maneuver and persuade the dairy company's shareholders not to switch shares.
As for how long Chen Guanjiang could hold on to the interest from triple leverage, that was not within his consideration.
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