At three o'clock in the afternoon, the lobby on the first floor of Ruitai Securities' office building was already crowded with reporters from major media outlets in Hong Kong.
A red banner was hung in the center of the temporary stage, warmly celebrating the cooperation between Ruitai Securities Co., Ltd. and Changjiang Fund Co., Ltd.
Wang Pengfei wore a black suit with a white shirt underneath. His short, messy hair made him look particularly energetic. He appeared with a microphone in his hand, which brought special effects and a domineering look.
"Dear guests and friends! Good afternoon! First of all, thank you all for taking the time to attend the signing ceremony of the cooperation agreement between Ruitai Securities and Changjiang Fund Management Co., Ltd."
"I'm sure everyone has heard about the current battle for Guanghu Real Estate in Hong Kong. One party is our Ruitai Securities Co., Ltd., and the other is the Changjiang Fund Co., Ltd.."
"After much communication and discussion, we finally reached a cooperation agreement. Ruitai Securities will invest HK$500 million to fully acquire the 22.3% stake held by Changjiang Fund."
When these words were spoken, all the journalists from the media and newspapers present at the scene were shocked, even though they had been mentally prepared, and immediately began to talk about it.
"This is unscientific! Li Jiacheng is a superman! He actually compromised with Mo Zhexuan this time. What's the reason?"
"Right! You know, Guanghu Real Estate's stock price has reached a high of HK$400 right now. Would Li Chaoren make a loss-making deal by transferring his shares to Mo Zhexuan?"
"I think Li Jiacheng must have reached some other cooperation with Mo Zhexuan, otherwise Li Jiacheng would not have chosen to transfer Guanghu Real Estate's shares to Mo Zhexuan."
“...............”
After the discussion in the audience subsided a little, Wang Pengfei quickly said into the microphone:
"Now, please invite Mr. Mo Zhexuan, Chairman of Ruitai Securities, and Mr. Li Jiacheng, Chairman of the Board of Directors of Changjiang Fund, to sign the contract on the spot."
In a specially designed area under the stage, Mo Zhexuan and Li Jiacheng stopped chatting and walked towards the center of the stage together.
The staff immediately took out two prepared documents, which were naturally templates. After signing and pressing their fingerprints on each other, the two sides shook hands tacitly.
"Mr. Li! I'm Li Peizhong, a reporter from the Economic Daily. May I ask why you transferred your Guanghu Real Estate shares to Ruitai Securities? Before the press conference, Guanghu Real Estate's share price was stable at around HK$350. If you had sold it on the stock market, you could have cashed out at least HK$700 million. Why did you transfer it for just HK$500 million?"
"Mr. Mo! I'm Wang Xiaowen, a reporter from Sing Tao Daily. How did you convince Mr. Li Jiacheng to transfer his Guanghu Real Estate shares to you? Are there any other collaborations?"
"Mr. Mo! I'm Ma Xiaoli, a reporter from the Oriental Daily."
"Mr. Mo! I'm Li Xinren, a reporter from Ming Pao."
“....................”
Mo Zhexuan had already considered answering the media's questions when preparing for the press conference, and he calmly said into the microphone:
"Everyone, be quiet! Come one by one."
As soon as the words fell, all the reporters in the audience fell silent. They pointed to Li Peizhong, the reporter from the Economic Daily who had just asked the first question and said:
"Mr. Li! Let's start with you!"
"Okay! Mr. Mo! My question is..." Li Peizhong hurriedly asked Li Jiacheng the same question again.
"I believe that reporter Li's question is also a question on everyone's mind. Everyone knows that I hold 22.3% of Guanghu Real Estate's shares, and Mr. Mo Zhexuan holds 26.3% of Guanghu Real Estate's shares."
"If we continue to fight, whoever acquires Guanghu Real Estate will pay a huge price. The fact that Guanghu Real Estate's share price has already exceeded HK$400 per share is the best proof of this."
"So I've decided to withdraw from the competition for Guanghu Real Estate and transfer all my shares to Mr. Mo Zhexuan. Some people will definitely ask why I don't cash out from the stock market. I'd like to say that you should have some common sense. If I don't acquire Guanghu Real Estate, will its stock price continue to rise?"
"I'm afraid it's going to plummet soon! The sharp drop in Guanghu Real Estate's stock price at closing this morning is the best proof of this. And if it's sold for 500 million Hong Kong dollars, it's exactly what I want. How could I refuse?"
Li Jiacheng naturally accepted the interview from the media reporters with ease, and explained in a few words the reason why he sold the shares to Mo Zhexuan.
Then reporters asked questions one after another, and Mo Zhexuan did not answer them at all until he was asked a question by Ma Xiaoli, a reporter from Oriental Daily.
"Mr. Mo! Nice to meet again. My question is, after you gain control of Guanghu Real Estate, will you enter into a strategic partnership with Cheung Kong Holdings?"
Ma Xiaoli, wearing a white and purple dress and exquisite makeup, stood out among a group of reporters and asked her questions calmly and confidently.
"Ms. Ma, I was originally planning to announce the details of Guanghu Real Estate after I had fully taken control of it. Now that you've asked, I'll answer. Once I become Chairman of the Board of Directors of Guanghu Real Estate, I will enter into a strategic partnership agreement with Cheung Kong Holdings to jointly develop the central area of Kwun Tong, Kowloon Peninsula, creating a prosperous commercial center. We will also jointly develop multiple projects."
Mo Zhexuan would naturally not be so stupid as to say that he would sell the land to Cheung Kong Holdings. Some things can only be done and not said. Guanghu Real Estate is a listed company and must be responsible to all shareholders. The China Securities Regulatory Commission sometimes just does nothing, but sometimes it still does practical work.
"Mr. Mo! Thank you for your answer. If I'm guessing correctly, the reason Mr. Li Jiacheng transferred his Guanghu Real Estate shares to you is probably because you two reached a deal on Guanghu Real Estate's undeveloped land!"
Ma Xiaoli smiled like a flower, and her two round breasts trembled, attracting the attention of other reporters.
"Ms. Ma! You should know that Guanghu Real Estate is in its current crisis because it didn't act within its capabilities. It's impossible to develop the land on its own, so partnering with a powerful real estate company like Cheung Kong Holdings is a perfect match."
Mo Zhexuan couldn't believe that the other party was so smart, and couldn't help but doubt the saying "big breasts mean no brains". This is obviously unscientific!
Although there were some minor incidents, the press conference was a complete success as soon as the news came out.
The share price of Guanghu Real Estate plummeted instantly, and by the closing time of 5:30, it had fallen to around HK$150, shocking the whole of Hong Kong. Countless people fainted in the toilet crying, including Li Guanghu, the former business tycoon.
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