According to reports, this story begins at an entirely unscientific moment: Zhou Ziye, a designer who rose from creating counterfeit mobile phones, suddenly time-traveled back to the year 1984.
...Consider it a small perk for them.
In the afternoon, seeing that there was no further news, the media released information about Huahong Group's investment attraction efforts.
It's unclear who leaked the information, but Xing Baohua's grand promises were exaggerated and reported by the media many times over.
Financial institutions and international speculative capital that were paying attention to Xing Baohua's activities thought he was going to do finance, but it turns out he was going to do space projects.
Just as they breathed a sigh of relief, the investment banks got excited β a project worth hundreds of billions! Even if they couldn't get the meat, they could at least get some soup.
We packed our bags and headed straight to Hong Kong.
The most excited were the banks that had a cooperative relationship with Xing Baohua.
The nearest HSBC, Citibank, and Standard Chartered banks have already come to Xing Baohua's door and started waiting for him.
I couldn't get through on the phone, so I had to come in person.
Samsung didn't call; their third sister came directly.
Mitsui Tousaburo took a commercial flight, which involved a transfer, resulting in an extra 11 hours of waiting. Before he could even rest after landing, he received a call from headquarters.
Well, the task has become even more demanding.
As the saying goes, a person's reputation precedes them. Xing Baohua's reputation as a troublemaker in the financial world is well-deserved. His influence is enormous, and he has made huge profits through his operations over the past few years.
Everyone who follows him reaps huge benefits. The key is how to get him to bring you into the business and how to get you involved.
International investment banks didn't have much contact with Xing Baohua, so they started to build relationships if they wanted to get involved in his projects.
They knew that Chinese people valued interpersonal relationships, so anyone in Hong Kong who could speak with Xing Baohua was invited to chat with him.
The office building of Wah Hong Group has been visited by people from all walks of life in Hong Kong.
Xing Baohua dared not show his face, hiding in the Shangri-La wine shop, discussing the new company structure with the princes and ministers of the desert country.
The three conglomerates in the desert country felt that Xing Baohua was holding too many shares in Huahong, and decided to give him a maximum of 30%.
The group argued for more than a day over whether to give 50% or 30%, but in the end Xing Baohua agreed to give Huahong Group 30% of its shares.
The reason is that some investment banks familiar with these desert countries also want to get involved. Regardless of the share size, they want to get involved.
If there's too much meat for the wolves, then reduce Xing Baohua's shares, and also reduce their overall shares, squeezing out 10% of the shares to allow retail investors to enter.
Thus, after negotiation, 20% of the shares were allocated, with 10% distributed among Xing Baohua's side and the other 10% distributed among the people of the Desert Kingdom.
Based on this calculation, Xing Baohua obtained a 30% majority stake, with Tan Ma Shing holding 10% and China Merchants Group holding 10%. Adding the three consortiums from the desert country, each holding 10%, the total is 30%. The remaining 20% ββis thus dispersed among various entities.
In addition to his own shares, Xing Baohua could also bring in the shares of China Merchants Group, and with the dispersed 10%, he would have absolute control.
Tan Masik is just there for show; he'll probably abstain even if he gets a vote. He doesn't want to offend anyone, and he can't afford to offend anyone.