"Okay, I'll go call a meeting with them in a bit. Boss, let me give you a brief report on the work first?" Yu Shenghai said.
Seeing Xing Baohua nod, Yu Shenghai said, "Since the stock market crash, Haina has been acquiring shares of 26 listed companies that it had previously favored, buying them whenever the price was low. A total of HKD 4.2 billion was invested, and several industrial plots in Tseung Kwan O were also acquired at bargain prices, for a total cost of HKD 18.7 billion. Of this, HKD 7.8 billion was borrowed from Huahong Bank."
"What are you planning to do with the land in Tseung Kwan O?" Xing Baohua asked.
"I'll do as you say." Yu Shenghai knew he couldn't make the decision, so he passed the problem back to Xing Baohua.
"Leave it for now, let me think about it," Xing Baohua instructed.
Before the two could exchange more than a few words, Xing Baohua's phone rang again.
I casually handed it to my secretary and asked her to handle it.
Xing Baohua then asked Sheng Hai, "Have the marketing department conduct a comprehensive investigation into Sony's sales situation in Hong Kong. I need to know in detail how many products they have, their prices, and even their advertising budget."
“Okay, boss.” Yu Shenghai nodded in response.
After the secretary finished the call, she handed it back to Xing Baohua and said, "It was my brother calling to ask when you'd be free. I told him you'd call him back when you're free."
"OK."
This interruption almost made Xing Baohua ask Yu Shenghai something.
After a moment's thought, he said to Sheng Hai, "We need to investigate whether Sony has any listed subsidiaries in Hong Kong. Also, we need to register a few shell companies overseas specifically to buy Sony shares."
Yu Shenghai asked curiously, "Did Sony offend you?"
"Yes! When I was acquiring Columbia Pictures, they tried to sabotage me. I didn't do anything to them openly, but instead secretly bought up their stock and waited for the right moment to deliver a fatal blow."
Xing Baohua said fiercely.
"Boss, as far as I know, Sony is too big a company and doesn't have much money on its books. Acquiring it would tie up too much capital."
"Just keep it for now, I'll figure out how to get the funds," Xing Baohua sighed. He had a lot of money in America, but unfortunately, he could only spend it there.
His initial purpose in coming to Hong Kong was to seek help from the shareholders to find a way to cash out the profits there.
He has too much money, so the bank can only provide him with a small portion; he can only invest most of it in the United States.
Investments can also generate profits, so how to recoup those profits requires the help of the shareholders.
Engaging in physical trade makes it easier to cash out.
Xing Baohua settled accounts with them in US dollars, and the funds they brought back were then distributed to Xing Baohua.
Whether it's squeezing toothpaste or ants carrying food, bring back as much as you can.
Fortunately, Xing Baohua was able to get his initial investment back. With this money, Xing Baohua could retaliate against anyone he didn't like.
Moreover, most of it came from cashing out in the Far East, with a small portion coming from private placements by shareholders.
Xing Baohua initially promised to distribute dividends annually and return the principal after five years.
Actually, the money was already in his hands, and he was just showing off, not knowing how to spend it.
Now is not the time to engage in direct combat with Sony. He and his analysts have analyzed that using financial means to attack Sony would likely result in losses.
Those who emerged unscathed from the financial crisis, and even experienced a resurgence, are now vulnerable to being brought down by financial means if he tries to use them now.
Therefore, he wanted to combine market sales, negative impacts, and financial means to launch a comprehensive attack.
I know the other person can't be killed, but it's good to be able to vent my anger!
What if I accidentally kill him?
Therefore, it is necessary to find out how many products the other party has on the market.
After obtaining the data and samples, I went home and copied them.
Imitation is Xing Baohua's forte, and with his existing technology team, it would be difficult for him to produce cheap imitations.
After finishing his discussion with Yu Shenghai, Xing Baohua went upstairs to Huahong Group.
Only after arriving here did I begin to appeal to the shareholders.
Young Master Li was the first to arrive, followed by the other shareholders who came in one after another.
In fact, as soon as they learned that Xing Baohua had returned to Hong Kong, they waited for him near the company.
They will definitely show up whenever Xing Baohua appears at the company office.
Most of the thanks were to Xing Baohua. Although Xing Baohua was not here when the Hong Kong stock market crashed, he had reminded the shareholders beforehand to avoid losses.
Fortunately, their losses weren't too great, and they certainly deserve our gratitude.
Then, Xing Baohua said to them, "Let's have a meeting first! Let's talk about making money."
After Xing Baohua said that, the shareholders quieted down.
"You should know that I made a little money in America, but I can't get the profits back yet. It will take some effort to get them back. You should trust my ability to make money, right? Let's continue to work together to make money."
As soon as Xing Baohua finished speaking, Young Master Li laughed and said, "Ah Hua is now recognized as the God of Wealth in Hong Kong. If we don't make money with you, who else will we make money with? Tell us, what kind of business do you want? We will fully support you."
The shareholders all nodded in support.
"I'm planning to establish an airline, not for transporting people, but for air logistics and cargo transportation. I want to make this company big, so it can't be used under the name Huahong anymore. In addition to you few continuing as original shareholders, we'll attract shareholders from other places to bring in more capital. We'll raise the initial capital to the tens of billions level, buy a large number of aircraft, and then seek an IPO!"
After Xing Baohua finished speaking, the young master of the Zheng family asked, "Ahua, we can handle over 10 billion, why do we need outsiders to come in?"
Xing Baohua gently shook his head and replied, "We can come up with over 10 billion, but it would put a lot of pressure on our company. This is a long-term project that requires a huge amount of capital. If we encounter other projects that bring in quick profits and can't free up the funds, we can't just watch the money run away!"
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