Chapter 1288 The Guo Family Saves the Yongan Group!
The Hong Kong stock market has just opened, affected by the rumors last night.
The share price of Wing On Group fell directly, from 18 yuan per share to 15 yuan per share, while the Zheng family's New World Development began to rise as soon as the stock market opened today.
For Zheng Yutong and his son, this is not a good thing, because it means that the Empire Group may have secretly absorbed the shares of New World Development.
New World Development Building in Central District, Hong Kong.
Zheng Jiachun looked at his father Zheng Yutong anxiously and asked: "Father, what should we do?"
Last night, the Zheng family wanted to contact the main figures of the Guo family, including Guo Zhiquan and others, but no one in the Guo family was willing to respond to the other party.
When Sir Yang agreed to intervene in this anti-takeover war, Guo Zhiquan and others were relieved.
"Sell the shares of Wing On Group to the Empire Group at a low price now, and then get the funds to buy back the shares of New World Development from the market."
The Zheng family is now the largest shareholder of New World Development, but it is only about 40%, which is not safe. If it does not exceed 51%, the Empire Group or even other consortiums may swallow up New World Development.
This is also what Zheng Yutong is most worried about.
Most importantly, although the Zheng family joined forces with other Chinese-funded consortiums in Hong Kong to acquire the Wing On Group, the Zheng family itself used more than 2 billion Hong Kong dollars. In fact, these are also the working capital of New World Development. Now that the funds are used and the Empire Group has taken action again, how can Zheng Yutong not worry?
Immediately, the father and son left the office of the chairman of New World Development.
When he arrived at the office of the deputy general manager of the cabinet at the headquarters of the Empire Group Building, he wanted to meet Huo Jianning.
When Huo Jianning learned that the father and son had come to his door, he wanted to continue playing.
Who would have thought that Zheng Yutong and his son would give in so quickly.
"Mr. Huo."
Zheng Yutong hurriedly greeted Huo Jianning.
In Hong Kong, who knew that except for Mai Lisi, Ma Shimin, and Wei Li, these three were the most important executives around Yang Ming. As for Huo Jianning in front of him, although he spent most of his time in Moscow, he entered the cabinet as soon as he came back and served as the deputy general manager of the cabinet. Naturally, his status was not low. He is now the first Chinese executive of the Empire Group.
"Mr. Huo, we are willing to sell all the shares of Wing On Group to Empire Group at a low price."
In fact.
Even if Zheng Yutong did not sell at a low price, the share price of Wing On Group is still falling, even lower than the share price they bought from Singapore Overseas Chinese Bank. For the Zheng family, the loss is greater.
Huo Jianning smiled, knowing that both parties are smart people.
"Okay."
Huo Jianning didn't have much.
After taking the acquisition contract, according to HK$10 per share, he bought about 27% of Wing On Group's shares.
At the beginning, the Zheng family bought 25% of the shares from Overseas Chinese Bank, which was also about HK$500 million. Now 27% of the shares sold to Empire Group is also HK$500 million.
Now Zheng Yutong and his son are selling Wing On Group shares to Empire Group at a loss.
In addition to withdrawing from this acquisition war, the main purpose is to keep New World Development.
When Zheng Yutong and his son want to get the 500 million Hong Kong dollars, they will entrust Sun Hung Kai International to buy New World Development shares as soon as possible.
In fact, the practice of Empire Group this time really scared Zheng Yutong and his son.
In their view, the Empire Group is as huge as it is. With just one finger, it can decide the life and death of Zheng Yutong and his son and the development of New World.
In this case, of course, it is still important to keep the development of New World.
When Zheng Yutong and his son left, Huo Jianning looked at them and said, "Sir Yang asked me to remind you that Hong Kong is no longer an era of real estate speculation. If you really have funds, you should develop inland or develop high technology. Otherwise, your Zheng family will fall further and further behind."
In fact.
Now all aspects of the Zheng family have been blocked by Yang Ming. If the other party still wants to speculate in real estate in Hong Kong and build the Zheng family into one of the four major families, it is impossible.
Now the Empire Group is the largest landlord in Hong Kong. If the housing prices in Hong Kong are soaring now, the companies under the Empire Group only need to release some new real estate projects, and the housing prices in Hong Kong will definitely stabilize.
"Thank you Sir Yang for reminding me."
Zheng Yutong said hurriedly.
After Zheng Yutong and Zheng Jiachun left, the father and son were also worried.
The Empire Group is really amazing in all aspects.
Zhou Dafu Jewelry, which was originally the largest jewelry chain store in Hong Kong, is now under the control of the Empire Group. Xie Liyuan Gold Shop, Yinghuang Jewelry and other companies under the Yinghuang Group have already caught up with Zheng's Zhou Dafu Jewelry. Even before the Zheng family expanded Zhou Dafu to Macao, China, and Southeast Asia, Xie Liyuan Gold Shop and Yinghuang Jewelry can now be seen in many major cities in China and Southeast Asia.
Thinking of this.
Zheng Yutong sighed, and Zheng Jiachun was also dejected.
Originally, he made his first move, and his purpose was to prepare for taking over New World Development in the future. Who would have thought that it would be like that.
"Jiachun, you don't have to be discouraged. No one in Hong Kong today is a match for Sir Yang and the Empire Group. If the Empire Group happens, we will lose."
"Father, won't that mean we will suffer a great loss this time?"
"There are gains and losses. Since Sir Yang reminded me like that, it means that Hong Kong is indeed not suitable for real estate speculation. I plan to learn from the Li family and enter the technology industry chain. In addition, the real estate sector will focus on domestic cities. Tomorrow, you will take the delegation back to the cities in the mainland to have a look."
"Yes, father."
. . .
The Empire Group acquired the shares of Yongan Group held by the Zheng family, and now the Guo family holds more than 40% of the shares in Yongan Group, which is far more than 51% of the shares.
In other words, there is no problem with the Guo family's Yongan Group now.
Moreover, today, some other small and medium-sized investors in Yongan Group have sold their shares in Yongan Group, which are basically eaten up by the Empire Group.
In total, the Empire Group has more than 30% of the shares in Yongan Group, making it the second largest shareholder after the Guo family.
As for Li Jiacheng and others, they found that something was wrong last night, and Li Jiacheng immediately asked Zhou Qianqi to sell the shares of Yongan Group.
For Li Jiacheng, there was no loss, but there was no profit, which means that he had calculated in vain.
However, after this time, Li Jiacheng felt fear for Sir Yang and the Empire Group.
In the past, he still had a feeling that since Yu was born, why was Liang born?
But now he knows that he is not Zhou Yu, and Sir Yang is not Zhuge Liang.
In addition, it has been several months since he dealt with his wife's funeral, but there have been reports that he killed his wife.
This made Li Jiacheng very angry, after all, he still attaches great importance to his reputation.
In addition, on the one hand, he originally wanted to donate money to Xiangjiang University in the name of his wife to build a grand auditorium. Even the design of the grand auditorium has come out, so construction can start.
However, it is now reported that the appearance of the grand auditorium is like a coffin. The news said that Li Jiacheng wanted to continue to use his wife's reputation to ensure the development of the Li family after his wife died.
It is precisely because of this that the school leaders and directors of Xiangjiang University have great opinions and no longer agree to Li Jiacheng's donation.
Most importantly, Li Jiacheng has heard that this may also be related to the Empire Group.