Is this what it feels like to be targeted by financial tycoons?
Many of the names of those bookmakers sound familiar.
One or two are easy to deal with, and even in a one-on-one fight, Xing Baohua is not afraid of the Quantum Foundation.
At this time, the Quantum Fund was still small in size. Despite its strong ability to attract investors, it had very few truly impressive financial case studies.
Xing Baohua returned to his desk, pondered for a moment, and said to his secretary, "Please have someone from Standard Chartered come over."
Just five minutes later, two foreigners in suits and ties walked into Xing Baohua's office.
"Hello, Mr. Xing, I am Richard from the investment department of Standard Chartered Bank, and this is my assistant, Lamoorton," the man introduced himself to Xing Baohua.
Please have a seat, and have the secretary bring some coffee.
Xing Baohua asked, "I wonder what Mr. Richard wants to see me about?"
“Mr. Xing, you must have noticed the unusual activity in your company’s stock. According to our investment department, at least ten large international speculative funds have been buying your company’s stock,” Richard said to Xing Baohua with a smile.
“Yes, I just got the list. Hmm, it seems Standard Chartered Bank also made a purchase. Tell me your terms.” Xing Baohua wasn’t angry. He sat calmly and asked, actually just wanting to see what terms Standard Chartered would offer or what kind of show they would put on.
Standard Chartered has only purchased a small amount of your company's stock, a amount that I doubt you would care about.
"Anyone in the financial world is familiar with Mr. Xing's methods. Simple, direct, and elegant, so some people want to use your model to get you to give up some shares," Richard continued with a smile.
"My two listed companies are too small; they can be bought with just a few billion Hong Kong dollars. Dealing with a new listed company using my methods is too easy," Xing Baohua said with a disdainful look.
To put it bluntly, whether it's Huahong Telecom or Huahong Bank, if someone really wants to buy them and the price is right, Xing Baohua will sell them.
Why pursue an IPO?
It's all about raising money. Even if they weren't short of cash, they still had to take care of the shareholders! They were short of money!
Once listed, you no longer have the freedom to do as you please; everything is done according to listing rules. If the price is right, you don't need to go through the cumbersome fundraising process; you can just sell directly.
Those shareholders prefer it.
To put it bluntly, the two listed companies are just two valuable commodities of Huahong Group.
Huahong Group is Xing Baohua's foundation, so he did not choose to go public.
If they choose to go public, the scale will be much larger. It's not something that can be handled with a few billion Hong Kong dollars; it would require tens of billions or even more.
Xing Baohua's involvement with Toyota and Nissan is the foundation of their group's listing on the stock exchange.
Not only is the scale large, but it would require a significant investment to truly disrupt their operations.
This is how Xing Baohua forced Nissan to surrender and drove Toyota crazy.
But these two small listed companies were originally intended for sale. These international financial institutions couldn't possibly be unaware of this. Even if they acquired them at a cost, they wouldn't manage them; they would definitely find another company specializing in real industry to manage and operate them.
The institution simply wants to make a profit in the shortest amount of time.
“Mr. Xing, these two listed companies are the wealth you have painstakingly built. You’re not going to just watch them fall into someone else’s hands, are you?” Richard said.
"You didn't bring a pager or cell phone?"
Richard and his assistant were taken aback by Xing Baohua's sudden question. Then, the assistant, who hadn't had a chance to speak until now, took out a pager from his waist and a cell phone from his bag.
Just by looking at the logo, you can tell it's made of rice.
Xing Baohua pointed to the two communication devices and said, "These two things were carefully designed by me, and I even personally participated in their research and development. They represent my hard work! I'm still selling them. Tell me, are they easy to use?"
Richard paused again, glancing down at the equipment on his assistant's side.
As expected of a professional financial expert, Richard's mind worked quickly. He cursed inwardly: Xing Baohua is shameless and is using a fallacy to change the subject.
In essence, they are the same, but very different.
In fact, Xing Baohua meant to tell the other party that he could sell both of his listed companies.
Richard, however, believed they were different, arguing that the nature of the products was different: one was about using the product, and the other was about creating wealth.
Cell phones and pagers are bought for use; they don't create value and only depreciate.
However, Xing Baohua's two listed companies are different; they are profitable.
Although these are all Xing Baohua's own businesses, he can treat them as commodities, but the buyers don't see it that way.
Moreover, Xing Baohua is not afraid of them buying it.
Money was his weapon for abusing his power.
Neither Huahong Bank nor Huahong Telecom are essentially shell companies. All profits generated go to the group.
The majority of the funds in the bank are supported by deposits and withdrawals from partner companies.
If they are pulled out, the business volume will basically be wiped out.
Furthermore, telecommunications operations are now easier to manage.
When Xing Baohua was in control, he was able to integrate the various departments. If he sold the telecommunications company, his IBM server room would be independent.
He can also shut down software services.
All of these approaches are lose-lose situations. Wasn't the whole thing he painstakingly built just to sell a high-performance phone?
If the operators get their hands on it, they'll cut off this and that, so how are they supposed to sell phones and computers?
So he prepared three steps.
Capital increase and share expansion.
Anyway, his money came from thin air.
Don't be afraid.
Xing Baohua guessed that Standard Chartered Bank probably wanted to attract some of his business, which is why they did this.
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