As time passed, the news that China Gas Company issued 15 million shares to the public and the stock price fell below the issue price of HK$100 was spread through media newspapers and instantly spread to every corner of Hong Kong.
Oriental Daily News, Hong Kong's best-selling newspaper, even published an article titled "Financial Genius Mo Zhexuan on the verge of bankruptcy." The article stated:
"It is reported that yesterday, China Gas Company officially re-listed on the Hong Kong Stock Exchange for trading, and the 15 million shares issued immediately attracted a rush of Hong Kong shareholders."
"But what was unexpected was that as soon as the market opened in the afternoon, there was a massive sell-off of China Gas Company shares, and its share price fell from its peak of HK$120 per share in the morning to around HK$40 per share."
"I dare to assert that the accounts behind these sales of China Gas Company shares must be Jardine Matheson. As we all know, after Mo Zhexuan acquired the 24.4% stake held by fourth uncle Li Zhaoji."
"They already had a firm grip on the China Gas Company, holding a total of 59.8% of the shares, while the second largest shareholder, Jardine Matheson, only held 39.6%. As for why Jardine Matheson was desperately selling off its shares?"
"This story begins with Mr. Henry Keswick's funeral a week ago. Simon Keswick, in front of everyone, vowed to avenge his father's murder and keep pursuing Mo Zhexuan until he went bankrupt."
"I can't help but mourn Mo Zhexuan's arrogance and ignorance. Sometimes we should learn to act within our capabilities and not rush into things recklessly."
"According to statistics, in order to gain control of China Gas, Mo Zhexuan now owes Hang Seng Bank nearly HK$2 billion in loans. The current difficulties faced by China Gas's stock issuance are only just beginning."
"Next, I'm afraid its core industries, such as fragrant duck and gold shops, will be targeted by Jardine Matheson, and bankruptcy may not be far away."
"Jardine Matheson & Co. was established in 1832, which means it has a history of 151 years. It has always firmly controlled all industries in Hong Kong and is a well-deserved giant..."
"In the 1970s, due to its globalization and heavy investment in overseas markets, its strength was gradually surpassed by the up-and-coming bank HSBC. However, a lean camel is bigger than a horse, and not everyone can easily offend it."
"Compared to the gigantic Jardine Matheson & Co., Mo Zhexuan is like a grain of light competing with the bright moon. He will ultimately be doomed. Therefore, the recent rumors in Hong Kong that Mo Zhexuan will embezzle the raised funds are definitely not groundless."
"This may become a reality in the future, so I hope that Hong Kong citizens will keep their eyes open and choose China Gas shares with caution to avoid regrets in the future."
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As major newspapers in Hong Kong reported on the incident, almost all of them were pessimistic that Mo Zhexuan could avoid bankruptcy under the attack of Jardine Matheson.
Only Mo Zhexuan's own "Three Minutes of Heat" and "Ming Pao" reported the prospects of China Gas Company fairly and impartially, while condemning Jardine Matheson's behavior of disrupting the market.
This also caused all Hong Kong investors to stay away from China Gas Company's shares, and the share price fell to around HK$20 and continued to plummet.
At this time, in the general manager's office of Xiangwei Duck, two young men were arguing fiercely with foam at the mouth.
"Mr. Mo! You really can't withdraw any more money from the company account. If you do, we won't be able to pay our employees' wages or suppliers."
"Even if you invest this HK$150 million in the stock market and buy shares in China Gas, it would be a drop in the bucket! Remember, Jardine Matheson holds 39.6% of the shares!"
"I think the most important thing is to convince all Hong Kong shareholders that you will not go bankrupt easily, and at the same time let them see that China Gas has a great future. This is the most important thing."
Li Wei, the general manager of Fragrant Duck, is really about to vomit blood now. After this period of development, Fragrant Duck has just recovered a little vitality.
If a large sum of cash is withdrawn again, it will be very difficult to operate normally. I feel like I am about to become a blood supply station.
"Old Li! I know this is extremely unfair to Fragrant Duck, but I won't ask for more. Just withdraw 100 million Hong Kong dollars! There's still over 80 million Hong Kong dollars left in the account, which should be enough to last for more than two months."
"During this period, you should come up with a promotional plan. All of Xiangjiang's stores will offer discounts, especially for customers who top up their membership cards. Top up HK$500 and get HK$250 off. Top up HK$1,000 and get HK$500 off."
"Please release the detailed plan as soon as possible. I only have one request: increase my sales at all costs. Also, please contact the supplier as soon as possible."
"We will increase the quantity we purchase, but the settlement will be made quarterly. If it works, we will continue the cooperation. If not, we will immediately change the supply chain. However, there is one prerequisite: the quality of the fragrant duck cannot be compromised in any way."
Mo Zhexuan made the final decision. Now everything depends on resolving the issue of issuing China Gas Company shares. If this battle cannot be won, then it will not only be a failure, but at least there will be heavy losses.
"Mr. Mo! Since you've made your decision, I promise to carry it out resolutely. I just hope you won't treat Fragrant Duck as a blood transfusion station anymore."
Li Wei was very helpless, but he could only accept this decision. After all, he could not defeat the powerful. However, he could only take precautions and hope that the other party would not drain the funds in the Fragrant Duck account next time.
"Lao Li! I promise you this is the first and last time."
Mo Zhexuan didn't want to do this either, but the only way to break the deadlock now was to stabilize the share price of China Gas Company, so he had to take a desperate measure.
As for seeking help from other Hong Kong tycoons, in the end he only turned to Lee Quo-wai of Hang Seng Bank. It is said that a friend in need is a friend indeed, and this is an unchanging truth.
As soon as Li Guowei answered the phone, he found countless excuses, and in the end he just said that he had no money. The core meaning was that he didn't want to offend Jardine Matheson, and he could only blame himself for not being able to judge people well.
This time is probably the biggest crisis I have encountered since my rebirth. After overcoming it, everything will be smooth sailing and I will soar to the top. But if I can't get through it, it will be a second Waterloo. Although I won't be unable to recover, I will still be seriously injured for a hundred days.
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