Chapter 1894 TVB Privatization Process

Li Xiaochao was wrong, Xiao Qi didn't want to discuss OEM business with him this time.

After drinking the juice, Xiao Qi put down his glass and asked calmly: "Second Young Master, do you have any trustworthy acquaintances in the stock market?"

"Stock market?" Li Xiaochao pondered for a while, then nodded: "My father and I have a lot of friends, including the Hong Kong Stock Exchange and major securities companies."

Hong Kong is only as big as a palm, and Li Chaoren's social network is of course all over Hong Kong.

Not to mention Li Xiaochao, when Snake Tunxiang established PCCW, it relied on a group of securities companies to help, and finally achieved the reputation of Little Superman.

Later, he relied heavily on these securities companies for the privatization of PCCW, but this time his luck was not so good, and he was exposed. If Li Chaoren hadn't come forward to settle the matter himself, he would almost have been imprisoned.

But failure is also a kind of experience. Li Xiaochao has become more stable in the past two years, coupled with the crazy popularity of Star Electronics, he has regained a strong influence in the stock market.

"Second Young Master, what do you think the Hong Kong stock market can fall to?" Xiao Qi said in a seemingly casual manner.

Li Xiaochao naturally did not dare to be negligent, and after careful consideration, he said: "I think now is far from the time, the subprime mortgage crisis and the oil crash, these two things are fundamentally connected. If there is any trouble in the United States, the Hong Kong stock market will It will definitely have to plummet. If Qi Shao is interested in acquiring any company, you might as well wait until then.”

We are not fools.

Everyone knows that Xiao Qi likes to buy some companies.

He will not ask about the stock market situation in Hong Kong for no reason. Since he asked this question, it means that he has some ideas about a certain company.

"I'm not buying the company, but now that the Hong Kong stock market has plummeted, it seems that I can also privatize TVB earlier and give it to Kexin." Xiao Qi said lightly: "Second son, isn't it a good time?"

Only then did Li Xiaochao suddenly realize.

It turns out that I want to buy TVB completely and give it to my little wife!

Previously, Xiao Qi bought 56% of TVB shares to Feng Kexin, and Superman Li gave Xiao Qi 1% of TVB shares to Feng Kexin and 1% to Li Shaozhi for Xiao Qi's sake.

Later, Li Shaozhi had "Zhizhi Jewelry". She wanted to give Feng Kexin 1% of tvb shares in her hand. But Feng Kexin insisted on buying it with her own money in the end, so in total she owned 58% of wireless tvb shares.

Feng Kexin, who owns 58% of tvb shares, has long been the absolute controlling shareholder of tvb, and has the full support of Shao Liuye and his family. It has been so close to a year since tvb changed hands. A few old courtiers took care of TVB in an orderly manner. Even because Feng Kexin has greatly improved the treatment of artists and staff, it is now more prosperous than before.

Although Hong Kong people don't like to be satisfied with 20%-30% of the shares in Europe and the United States, they also like to get more than 50% of the control. But for things like privatization of companies, they are generally not so interested.

Because Hong Kong businessmen also know what sharing is. In a huge Chinese-funded business circle, many wealthy people hold shares with each other so that they can take care of each other when they have something in the future.

But Xiao Qi's habit of liking to be monopolized by himself is not only known to Li Xiaochao, everyone knows it.

So when he heard that Xiao Qi wanted to privatize tvb, Li Xiaochao was not surprised at all, and had the idea of ​​"it should be like this".

The above thoughts flashed by, and Li Xiaochao immediately entered the role of a stock market trader.

After TVB was acquired by Li Chaoren for Xiao Qi, in a short period of time last year, it once reached the highest market value of more than 40 billion Hong Kong dollars.

But later, as the performance—mainly the profit did not increase significantly, but because Feng Kexin continued to use the profits to raise the salaries of the artists and staff, it fell sharply, and the external stock market was affected by the US subprime debt turmoil. As a result, the stock price of tvb continued to decline, and now the market value of tvb has dropped to about 25 billion Hong Kong dollars, which is only a little higher than Xiao Qi's 23 billion purchase price of 56%.

But Li Xiaochao knew that for Xiao Qi, the loss of money was not a problem at all, as long as all the shares in tvb could be recovered, then spending another 23 billion Hong Kong dollars, Xiao Qi would not even blink.

"Hong Kong's Hong Kong Stock Exchange has a rule that under normal circumstances, a listed company's tradable shares should not be less than 25%. So last time you bought 56% in one go, plus the gift from my father Those, a full 58% of TVB shares are not in circulation in the market." Li Xiaochao said: "But fortunately, because my father bought TVB shares at a high price, many people sold them when the price was high, although it hurt a lot People who think that TVB can go up again, but the current TVB stocks in the market still exceed 30%. If you want to buy these stocks, it is relatively easy.

As for buying a total of 75% of the shares, you can naturally apply for privatization just like the companies you acquired before. The price does not need to be too much, as long as it reaches 130%-150% of the price when the application is suspended, you can fully purchase tvb and successfully fulfill your wish. "

Since the United States officially promulgated the privatization procedure law in 1975, basically all countries have complied with this rule.

75% must be privatized, and 95% must be fully acquired. Such regulations are to protect those small shareholders who are controlled by major shareholders in any way.

Otherwise, the big shareholders eat up all the profits and all the losses are borne by the small shareholders. Who can bear it?

However, this also provides great convenience for people like Xiao Qi who want to forcibly buy a company.

As long as you buy enough 75%, you can apply for privatization to the Hong Kong Stock Exchange and the general meeting of shareholders. This price is not outrageous, there is a basic value range, and Xiao Qi will not be ruthlessly slaughtered just because he is the richest man in the world. one knife.

Looking at Xiao Qi thoughtfully, Li Xiaochao continued: "However, I don't recommend that you buy Qi Shao now. Looking at the situation in the United States, the storm will not stop for a while. You wait until the price is lower, and the expectations of stockholders will be lower. If you go to buy again, not only will you spend less, but you will also receive less resistance... After all, there is still a big difference between a predator and a savior!"

"I see." Xiao Qi nodded, feeling that he was still impatient, waiting for three months was not a very difficult thing.

"If Qishao has confidence in me, why don't you leave this matter to me." Li Xiaochao said in a big way: "As soon as you say when to buy it, I will immediately find someone to help you start contacting."

Xiao Qi asked him for follow-up, originally intending to ask him for help, and he was not hypocritical, "Then I will trouble the second son."

"You're welcome, you're welcome, it's what I'm supposed to do to serve the odd few!" Li Xiaochao shook his hand and said, "Isn't my net worth of tens of billions thanks to you?"

"That's because Second Young Master himself has the ability." Xiao Qi nodded slightly.

"Qi Shao came to Hong Kong this time for this purpose?" Li Xiaochao asked calmly, "I heard about your record in the United States before, it was very brilliant! Not only did irl return to Tang Dynasty In the hands of Ms. Bloomberg, the world's largest financial information company with such influence has also been stepped into by you."

When Xiao Qi made a move in the United States, it cost 20 billion U.S. dollars. Li Xiaochao was naturally envious of such a large amount of money.

But what he wanted to ask was only things related to him.

Xiao Qi also understood the meaning of Li Xiaochao's words, and said with a smile: "I actually have a lot of things to do when I come to Hong Kong, but the most important thing is to accompany my wife... Speaking of which, I met Liu Datou yesterday, and he invited me to England In real estate, is Second Young Master interested in getting a share?"

Li Xiaochao shook his head without thinking: "I'm not interested in real estate. If it's the acquisition of the UK's electronics industry, or their mobile communications department, I really hope to get involved."

After hearing the words, Xiao Qi felt a little strange.

In his previous life, Li Xiaochao had done several real estate businesses in the mainland, why is he not interested now?

But this kind of doubt is also fleeting. Since Li Xiaochao is unwilling, it doesn't matter.

Xiao Qi asked him, he just wanted to contact Li Chaoren through Li Xiaochao, according to his old man's experience in building houses, if there is any trouble in the real estate company in the future, he might as well go to him directly - with Li Xiaochao's shares, he will definitely not Will stand by.

However, it doesn't matter if there is no Li Chaoren. According to Liu Datou's ability, it will not be unmanageable if the funds increase by two or three times. It doesn't matter if you want this extra layer of insurance.

The young man skipped this matter and said, "Speaking of acquisitions, if the Second Young Master has money, it is better to just buy the Facebook shares in your father's hand, this asset will definitely be enjoyed by the Second Young Master's descendants. "

If you want to entrust Li Xiaochao to do something, Xiao Qi can't let him do it for nothing, so he just helps him.

Li Chaoren bought 6% of Facebook shares in the name of "Li's Family Fund". The purchase price is 1.3 billion US dollars, but Facebook's listing is more than 110 billion US dollars, and it will rise to at least 200 billion in the future. No matter how diluted it is, this 6% will not be less than 8 billion US dollars!

Li Xiaochao is very interested in the Internet and electronics, and immediately asked curiously: "I've heard that Ms. Tang also owns 40% of Facebook's shares, so why are you so optimistic about this company?"

"It's more optimistic than you imagined." Xiao Qi replied with a rare seriousness.

"I understand!" Li Xiaochao was stunned for a moment, and immediately became serious.

From Xiao Qi's point of view, if he dares to speak like that, it proves that Facebook has a lot to offer! (To be continued..)