Hong Kong variety show: Building a century-old family, starting with Hung Hing
Chapter 353 Transfer of Stocks
"It's not a threat, it's just to let you know that I'm not someone to be trifled with."
The settlement I proposed earlier—refund of business fees and ending this dispute—is my bottom line.
"If you still insist on that unreasonable compensation, I don't mind going head-to-head with you in the comic book industry." Jiang Tiansheng said without backing down.
After a long silence, Huang Yulang finally spoke: "President Jiang, okay, we'll do it your way."
"Refund the service fee, and that's the end of it."
Jiang Tiansheng breathed a sigh of relief, but remained calm. "Okay, Mr. Huang, I hope we'll have the opportunity to cooperate again in the future."
Having resolved the dispute with Yulang International, Jiang Tiansheng immediately turned his attention to the acquisition plan of Jide Real Estate Company.
He found Lin Luoqi again.
"Loki, what's the matter of Gide Real Estate issuing new shares to Zhao'an Real Estate Company going?" Jiang Tiansheng asked.
Lin Luoqi looked troubled. "President Jiang, I've discussed it with my family, but they don't agree."
The family isn't keen on you sharing the profits of Kidd Properties, so this deal probably won't go through.
Jiang Tiansheng's heart sank, but he quickly regained his composure. "I understand, Rocky."
Since that's the case, I'll have to figure it out myself.
After leaving Lin Luoqi's place, Jiang Tiansheng returned to the company and immediately summoned the finance staff.
"Pledge the Kashima Tower and inject the funds into Sun Hung Kai Securities' account as soon as possible."
"Mr. Jiang, pledging the Kashima Building is quite risky. Are you sure you want to do this?" the finance staff asked worriedly.
“Yes, do as I say. Time is of the essence; I need to use this money to acquire shares in Jide Real Estate and Xiangjiang Electric Lighting.” Jiang Tiansheng’s attitude was resolute.
After the funds were in place, Jiang Tiansheng approached Bai Jinyan again, saying, "Jinyan, I have a task for you."
Acquire shares of Kidd Properties and Hong Kong Electric Company with all your might. Remember, don't focus too much on the share price, focus on the number of shares available.
"President Jiang, may I ask why? Shouldn't we usually pay attention to the stock price when making acquisitions?" Bai Jinyan asked, puzzled.
"Because I plan to boost the stock price by announcing that Kidd Properties will acquire the Kidd Building."
"As long as we have enough shares, we can make a profit later," Jiang Tiansheng explained.
Meanwhile, Jiang Tiansheng and Lin Luoqi's relationship completely broke down due to a conflict of interest. When the two met again, the atmosphere was awkward.
“Loki, I understand your family’s decision. But we’ll probably have to reconsider our cooperation.”
"I've decided to withdraw my investment from Dehe Real Estate Company," Jiang Tiansheng said bluntly.
Lin Luoqi lowered his head. "President Jiang, I have no choice. The pressure from my family is too great."
“Okay, then let’s talk about withdrawing our investment. You can keep Dehe Real Estate Company, and you’ll pay me 780 million yuan, how about that?” Jiang Tiansheng proposed.
Lin Luoqi thought for a moment, "President Jiang, 780 million yuan is a bit too much, can you reduce the price a bit?"
“Loki, this is already the result after I made concessions. You know the value of Dehe Real Estate Company, this price is very reasonable,” Jiang Tiansheng said.
"Alright, Mr. Jiang, we'll do as you say," Lin Luoqi reluctantly agreed.
Having resolved his issues with Lin Luoqi, Jiang Tiansheng had a new plan.
He contacted a journalist he knew well, saying, "I have some news that you can report."
Lin Luoxun mortgaged his shares in Jide Real Estate Company to cash out. If this is exposed, it will definitely cause a huge stir.
"Mr. Jiang, is this news reliable? If it gets out, it could have a significant impact on Lin Luoxun," the reporter asked.
“Absolutely reliable, you can report with confidence. This is very important for my next plan,” Jiang Tiansheng said.
Soon, media reports appeared about Lin Luoxun pledging his shares to cash out.
This news severely damaged Lin Luoxun's reputation.
Jiang Tiansheng continued to push forward with his acquisition plan. He contacted the banks that had pledged the shares of Kidd Properties through Sun Hung Kai Securities.
“We are very interested in the shares of Jide Real Estate Company. I wonder if there is any possibility of them being transferred through the bank?” Jiang Tiansheng inquired through a person at the securities company.
The bank responded: "We have no right to directly transfer shares; this requires going through relevant procedures..."
Jiang Tiansheng was well aware of the bank's regulations, but he did this to send a signal to the market that he intended to acquire Jide Real Estate Company.
"Jinyan, remember, our acquisition plan must be kept strictly confidential. No details can be leaked, understand?" Jiang Tiansheng instructed Bai Jinyan.
"Understood, President Jiang, I will definitely keep this a secret," Bai Jinyan replied.
The scandal of Lin Luoxun mortgaging his shares in Kidd Real Estate Company to cash out was quickly exposed by the media.
It quickly caused a huge uproar in the Hong Kong market.
"Have you heard? Lin Luoxun of Jide Real Estate has mortgaged his shares to cash out. This has caused quite a stir!" Two customers were discussing this heatedly in a tea restaurant on the street.
“Yes, I think there might be some conspiracy behind this, targeting the Lin Zuhui family,” another person responded.
"But who cares? This stock market is really hot right now, lots of people are buying it."
As the citizens have said, investors with various motivations have flocked to the stock market and bought large amounts of shares in Jide Real Estate Company.
Within just the first hour after the market opened, Kidd Real Estate's stock price soared by 11%, like a rocket.
As more and more investors followed suit and bought in, the stock price continued to climb.
The atmosphere at the Lin family villa was so oppressive that it was hard to breathe.
Lin Zuhui, his face full of anger, loudly rebuked Lin Luoxun:
"Luo Xun, look what you've done! The scandal of your family's internal strife has been exposed. How can I ever hold my head up in this industry again?"
Lin Luoxun lowered his head and dared not utter a sound.
Lin Luoqi and Lin Luoshi, meanwhile, were arguing about the management rights of Kidd Real Estate and the issue of pledged shares.
"Loki, you're also responsible for pledging the shares. What are we going to do now?" Lin Luoshi accused.
“Me? I was just following my family’s arrangements. How can you blame me for everything?” Lin Luoqi retorted.
Seeing this, Lin Luoxun quickly stepped forward and said, "Grandpa, don't be angry."
I promise to redeem the pledged shares and hold a press conference to quell this matter.
Lin Zuhui sighed heavily, thought for a moment, and then said, "Alright, Luo Xun, I'll leave this matter to you."
"Redeem the shares as soon as possible, hold a press conference, and do everything you can to stabilize the situation."
Meanwhile, Jiang Tiansheng was systematically selling off shares of Kidd Properties through Sun Hung Kai Securities.
"Be careful with your words, sell according to plan, and pay attention to the pace," Jiang Tiansheng instructed.
“Okay, Mr. Jiang,” Bai Jinyan replied.
Jiang Tiansheng previously bought 405 million shares of Jide Real Estate at a price of 0.9 yuan per share, and now he is selling them at an average price of 2.34 yuan.
After a series of operations, 928.746 yuan was recovered.
After deducting leveraged funds, the actual profit was 541.246 yuan.
Zhaoan Real Estate Company also made some profits by acquiring shares of Jide Real Estate Company, but compared with the returns from Jiang Tiansheng's personal investment, it was insignificant.
Lin Luoxun held a press conference as planned.
However, after the reception, the share price of Kidd Properties did not stabilize as he had hoped; instead, it fell sharply.
However, by the next day, the stock price gradually stabilized at 1.68 yuan, at which point the market value of Jide Real Estate Company was 6888 million yuan.
As Jiang Tiansheng analyzed the market situation, he said to Bai Jinyan, "Jinyan, I think the actual asset value of Jide Real Estate Company is underestimated."
You continue buying stocks, but remember, never drive up the price, understand?
"Understood, General Manager Jiang." Bai Jinyan accepted the order and left.
In the office of Dehe Real Estate Company, Jiang Tiansheng was packing his personal belongings, preparing to hand over the company to Lin Luoqi.
Lin Luoqi walked in, looked at Jiang Tiansheng, hesitated for a moment, and asked:
"President Jiang, were you behind this turmoil at Jide Real Estate Company?"
Jiang Tiansheng stopped what he was doing and said frankly, "Luo Qi, I don't deny that I profited from it."
However, even if I don't expose your family's secrets, they'll find out sooner or later.
Lin Luoqi sighed, "I don't care about the family's reputation."
However, for future collaborations, I need to be able to have complete control.
Jiang Tiansheng thought for a moment and suggested, "Luo Qi, in my opinion, you should leave the family and develop independently."
With your abilities, you're sure to make a name for yourself.
Lin Luoqi shook his head with a wry smile, "President Jiang, you don't understand, Haofeng Real Estate Company is, after all, a family business, and I'm reluctant to give it up like this."
After a moment of silence, Lin Luoqi asked again, "President Jiang, do you have any way to boost the stock price of Jide Real Estate?"
Jiang Tiansheng: "There is a solution. I have a piece of information that is worth a million."
However, I'll only reveal it if the Lin family pays me 100 million yuan.
Lin Luoqi's eyes widened. "One million yuan? Just for a piece of information? That's too expensive! Can your information really be that effective?"
Jiang Tiansheng said seriously, "Luo Qi, this information is absolutely reliable. If the Lin family doesn't accept it, I'll use it myself."
When the time comes, I will show no mercy."
Lin Luoqi paced back and forth in his office. Since Jiang Tiansheng dared to offer such a price, the information must be significant.
However, 100 million yuan is not a small sum for the Lin family.
"President Jiang, you have to let me know roughly what this news is about, otherwise how am I supposed to explain it to my family?" Lin Luoqi tried to persuade him.
Jiang Tiansheng remained unmoved. "Loki, once this information is revealed, its value will be greatly reduced."
Go back and discuss this with your family, and give me an answer as soon as possible.
Helpless, Lin Luoqi could only leave the office. Back at the Lin family home, he told Lin Luoxun and the others about Jiang Tiansheng's suggestion.
"One million yuan for a single piece of news? Jiang Tiansheng is asking for the moon!" Lin Luoshi said angrily after hearing this.
Lin Luoxun fell into deep thought, "Don't rush to deny it."
Jiang Tiansheng always has his reasons for doing things; this news might really solve our urgent problem.
"But what if this news is useless? Wouldn't we lose 100 million yuan for nothing?" Lin Luoqi hesitated.
Lin Zuhui sat to the side, remaining silent.
After a long while, he said, "Luo Xun, go and talk to Jiang Tiansheng and see if you can lower the price."
If the information is truly valuable, then paying a small fee isn't out of the question.
Lin Luoxun nodded, "Okay, Grandpa, I'll go find Jiang Tiansheng tomorrow."
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