Chapter 368: A New Standard
Cao Mo and Zhou Han set a trap, just to further squeeze the financial pressure of the Lu family and Taihua, and lure the ill-intentioned Han Shaorong and Niz Oppenheimer to attack the Lu family, but they had such arrangements and predictions before, but what kind of means Han Shaorong would use was a black smear in front of them.
Cheng Xinneng can see the clues of different capital confrontations from the massive transaction data of the listed company Taihua in the past six months, which is really useful for speculating on the means and layout used by Han Shaorong against the Lu family.
"Nine out of ten of the funds lurking in Taihuali come from Han Shaorong and Huamao Capital, so you should make full preparations according to this...... Cao Mo said to Cheng Xin.
"Han Shaorong, are we going to fight Huamao Capital?" Cheng Xin asked in shock.
In the eyes of people who are familiar with Han Shaorong, almost all of them are not very interested in Han Shaorong, but in the securities investment market, in the eyes of Cheng Xin, who is a novice in securities investment, Han Shaorong is a legendary existence, but it is a skyscraper peak that they are silently determined to approach.
Although Han Shaorong was involved in stock trading very early, in his early years, he mainly engaged in wholesale goods wholesale as a catering and wholesale market contracting booth, that is, a self-employed person in the traditional sense, but the scale was larger than that of ordinary people.
Han Shaorong really made his fortune in the securities market with the help of the reform of the circulation of employee shares of listed companies in the early years.
At that time, he was already a big business hall of a securities company, and he also worked in the securities market for several years, accumulating some experience, and also met a group of financial princes who held a lot of money in Xinhai, which has been the most important financial town since the founding of New China.
After seeing the opportunity, Han Shaorong did not hesitate to borrow a huge amount of money to acquire the employee shares of listed companies before the restructuring, and then find funds to cooperate with the high stock price after the restructuring and circulation, and sell them to obtain several times or even more than ten times the excess profits, and suddenly became a new famous billionaire.
After that, Huamao Capital was formally established, not only in the domestic securities market, but also into the Hong Kong stock market, with an extremely sharp and bold style.
Han Shaorong also used the same method to start the equity division reform in 05 years, and made large-scale acquisitions of corporate shares of listed companies that could not be publicly circulated in the securities market in advance.
Although it is said that after the restructuring, these corporate shares will not be able to be reduced in batches in the securities market until the two- to three-year lock-up period has passed, and the Shanghai Composite Index has fallen to less than one-third of its peak, but the cost of Han Shaorong's acquisition of corporate shares of listed companies is even lower.
At least on the account of Huamao Capital, this investment has extremely rich profits, and when it can really reduce its holdings, it can be understood that Han Shaorong will definitely mobilize funds to speculate the corresponding stock price higher, in order to obtain more excess profits.
However, it is precisely like this that a large amount of Han Shaorong's funds are also locked in the stocks of these listed companies that have not yet passed the lock-up period, and the funds that can be used in his hands, even if they are more than him and Qian Wenhan combined, are also limited.
No matter how shocked Cheng Xin was, Cao Mo still told him some basic information: "I plan to absorb Taihua's shares through the open market this time, the purpose is to hit Taihua's stock price hard at a certain time, forcing the shares pledged by major shareholders to face the risk of liquidation, and of course, I will also strive to directly acquire these pledged shares from the financial institutions that hold the pledge - however, this news should have reached Han Shaorong's ears the night before yesterday." At present, since we have seen that Han Shaorong has traces of funds lurking in Taihua, we are almost certain that they have the same intentions, but they may not know that they have been exposed-in this case, how to operate more advantageously, this still needs you to think carefully......"
"If Han Shaorong didn't know our movements, it would be much easier, and now that there are so many variables, it's hard to say-" Jia Ying frowned and said bitterly.
"Didn't I know that you could catch the clues so easily?Otherwise, I wouldn't have let Shen Ji let out the wind to startle the snake for the time being," Cao Mo didn't regret it, and said with a smile, "But there is no regret medicine to take in the world, there are many variables, and there are more choices and room for operation that can be provided to you, and it will also test your professional ability more, what's wrong with this?"
"What you said is light, but the other party is Han Shaorong!" Cao Jiaying glanced at Cao Mo and said, wanting to confront a character like Han Shaorong in stock investment, she still felt a lot of pressure when she was not afraid of heaven and earth.
A stock ambushes three funds, and the complexity of the operation is definitely increasing exponentially.
"If Han Shaorong really relies on technology to eat, he won't be able to get to this point, don't mythologize him, just like your brother, what do you think is the big deal?" Cao Mo asked with a smile.
"That's good. Cao Jiaying chuckled.
Cao Mo said: "Okay, Tianyue can transfer funds to a special account today, and according to Tianyue's rules and regulations, a risk controller will be arranged to join your team; ”
The market in the past two days is still precarious, and it may bring down Taihua's stock price again at any time, which means that the opportunity to open a position will come at any time.
Cao Mo looked at the team led by Jiaying and Cheng Xin, who still looked very immature, but they had a profession beyond his imagination - and they only needed to do professional things.
Cao Mo decided to start this new fund account directly now, so as not to miss the best opportunity to open a position.
Cao Jiaying is an indifferent stall maker, but Cheng Xin and the other two assistant researchers are a little excited - how many years do you have to work in this industry to be able to take over the special account of 200 million funds?
"Risk control, then Zhao Cheng, you are personally responsible for following up - you can't relax the requirements just because Jiaying is my sister, Mu Xiang is completely operated as an independent investment company, and it has nothing to do with Tianyue, otherwise I might as well merge them directly into the investment department......" Cao Mo looked at Zhao Cheng, who was in charge of risk control and compliance in the investment department, and instructed him.
Han Shaorong has been calling for wind and rain in the securities investment market for many years, and it can be said that he is a figure with his hands and eyes - what tricks Han Shaorong does in Taihua stocks, no matter how many illegal actions he does behind his back, and even if they can catch Han Shaorong's handle and even report it to the securities regulatory department with conclusive evidence, Han Shaorong is likely to be fined three or five hundred thousand yuan.
And what trick they want to have to be caught by Han Shaorong is a completely different concept.
In order to prevent Jiaying and Cheng Xin from being young and vigorous, and Jiaying and Cheng Xin are indeed too young, Cao Mo decided to arrange for Zhao Cheng to temporarily join their team for risk control - Zhao Cheng, who was born in Dongjiang Securities and has been engaged in risk control for many years, can provide Jiaying and Cheng Xin with enough help and guidance whether it is experience in securities investment or familiarity with relevant laws and regulations.
............
............
Jiaying and Cheng Xin went back to the company first, and Zhao Cheng couldn't leave for the time being; Chen Feng brought back the repurchase plan initially agreed with Xinhong and Dongjiang Securities, and Zhao Cheng, a professional, still needed to check it.
Seeing Qian Wenhan's request for the leading plan, Cao Mo was taken aback, and couldn't help but ask Chen Feng: "Will this offer be too ruthless?"
Qian Wenhan proposed to repurchase Dongsheng and Hexi's shares in Conero Energy and Conero Foods at the original price; Qian Wenhan considered a moderate price increase for Hexi Fund's shares in Tianyue Industry, so that Dongsheng's investment in the past two or three years would be somewhat rewarding, and planned to invest 20 million yuan to acquire 10% of Dongsheng's shares in Tianyue Industry.
Such an offer, if Tianyue is responsible for repurchase, is equivalent to using such a huge amount of funds from Dongsheng for a few years, and finally throwing a coin as interest.
"Industrial investment, even start-up enterprise investment, is very risky - a lot of the projects invested by Hexi Fund are not profitable. They are now short of funds, and Mr. Ge learned that Hexi Fund actually has more or less requirements for repurchase for many investment projects that have relatively abundant cash in hand, but who has really plenty of cash in these years? Compared with other projects, Dongsheng can still recover the principal from us, and it is already quite good at the moment when the silver has continued to shrink for nearly a year," Chen Feng said. Today, Ge Jun also revealed a very key piece of information, that is, all major banks have secretly implemented a new standard today, which is to suspend lending to all real estate companies whose liabilities and leverage ratios exceed a certain limit - even if the credit line has been released before, as long as it exceeds the established standard, it will also be suspended......
“...... Is it a unified standard, or is it an internal control standard for individual banks?" Cao Mo asked.
"Ge Jun showed me a copy of the central bank's notice, and I brought a copy back - saying that it was not open to the public, but I think Dongsheng should have known about it. Chen Feng said, taking out a copy letter from the file bag and giving it to Cao Mo.
Hearing such news, Cao Mo had to gasp for the Ding family, but looking at the notice of the central bank, it was actually more serious than what Chen Feng said, which also involved the requirements of major banks to check the special accounts of real estate developers' pre-sale funds.
Dongsheng Real Estate's debt ratio and leverage must be exceeded, which means that before the new financial ban is lifted, Dongsheng Real Estate can only return the major banks on time, but there is no way to borrow a penny more from the major banks.
In addition to the direct further tightening of Dongsheng's liquidity, the side effects of this cannot be ignored - this notice will inevitably make financial investment institutions such as TK Securities more cautious, and even directly implement this standard for insurance purposes.
Cao Mozhen may not be able to rob while the fire is hot, but Qian Wenhan and Ge Jun have no psychological pressure at all.
Cao Mo didn't want to consume too much money when buying back shares, so he wanted to pull in Qian Wenhan and Ge Jun, and naturally had to respect their opinions in terms of quotations.
Cao Mo picked up his mobile phone and dialed Shen Ji: "Chen Feng has been running for a day in Xinhong, and has preliminarily drawn up a repurchase plan, you want to be in the office, and I will fax it to you immediately - if you are not in the office, then it is best to find an excuse to go on a business trip for a few days......"
"Pressed very low?" Shen Ji knew from yesterday that Qian Wenhan wanted to lead the repurchase negotiations, and he knew that they would definitely take advantage of the fire to rob.
"You know about the central bank's internal control notice, right?" Cao Mo asked.
"I just knew, I'm outside, I just received a call to go back to the group for a meeting, but I didn't expect you to stab me again," Shen Ji smiled bitterly, "I really have to think about it now, whether to go out and hide for a while." ”
No one can be absolutely sane and say that business is business or something like that.
Even Cao Mo himself felt embarrassed to throw out this repurchase plan, but you can imagine how everyone in Dongsheng would feel when they saw this repurchase plan.
In particular, many people think that a considerable part of Cao Mo's achievements at this time are achieved by Dongsheng, and Cao Mo can know that he will definitely gain a lot of infamy in Dongsheng for "turning his face and not recognizing people" and "ingratitude", right?
After passing the anger with Shen Ji, Cao Mo asked Chen Feng to negotiate with Dongsheng in conjunction with Xinhong Investment and Dongjiang Securities according to this initial plan.
............
............
Zhao Cheng, Chen Feng and others left the conference room attached to Cao Mo's exclusive office, and Cao Mo sat in front of the floor-to-ceiling window, silently watching the sunset on the treetops on the other side of the lake.
Although professional things are done by professional people, Han Shaorong has funds that have been lurking in Taihua's stocks, and even caused Taihua's stock price to collapse once in June and July.
However, thinking that the cash flow in Han Shaorong's hands and the funds he could mobilize might be more than he imagined, Cao Mo also felt distressed.
"Throwing out this repurchase plan can be regarded as a tear with Dongsheng, and the current situation facing Dongsheng will inevitably accept such a repurchase plan - Han Shaorong thinks that we are completely cut off from Dongsheng, and he should show his fangs, right?"
The matter involves the hatred of family feuds, Zhou Han's mood is more dignified than anyone else, and he can't help but take a long breath at this moment.
can feel the agitation of Zhou Han's inner emotions, Cao Mo said: "Han Shaorong is a very greedy person, Taihua and Dongsheng have a layout at both ends, and they are reluctant to give up at both ends, we have cut off the relationship with Dongsheng, and we will ask him to let go and clean up Taihua first, but there are still two points, I haven't figured it out yet, and I always feel that my heart is not solid enough." ”
"What's the matter that hasn't been figured out yet?" Song Yuqing asked curiously, standing against the conference table, her legs wrapped in jeans long and plump.
"Although we can be sure that most of Huamao's funds have been locked up because of their participation in the equity division reform of listed companies like Xinganglian, how much money he can mobilize now is the core secret of Huamao, and no one can figure it out, unlike how much money we have in our hands with Qian Wenhan, which is almost a semi-open secret," Cao Mo said, "The second is what kind of agreement Han Shaorong reached with Niz Oppenheimer and Sturgeon Foster secretly, we don't know very well......
From the clues they have so far, especially the collapse of Taihua's stock price by Han Shaorong's covert manipulation in late July, and the subsequent use of Taihua's shares in the new Taihua refinery to borrow a large amount of money from Banco Nacional Ultramarino, it can be generally determined that Han Shaorong and Banco Nacional Nacional have secretly reached an agreement to carve up Taihua and Conero Marina New Town.
However, no one knows the details of the cooperation they have reached in secret, otherwise they will be more targeted when they adopt strategies.
"If we can detect in advance that Han Shaorong has made a move against Taihua, we already have the advantage, don't be so greedy, okay?" Song Yuqing glanced at Cao Mo with beautiful eyes and said.
"......" Zhou Han took a long breath, looked at Cao Mo and asked, "You won't turn back and want to cooperate with Sturgeon Foster, will you?"
"What's not to do," Cao Mo said, "Sturgeon and Niz Oppenheimer's goal is very clear, that is, the new Taihua refinery, but if the new Taihua refinery wants to be built and operated well, it cannot do without the support of Conero Marina New Town." Han Shaorong took away the control of Taihua, and only thought about using Taihua as his tool to make profits in the securities market, and it was impossible to have much patience to really do a good job in Conero Marina New Town, I believe that Niz Oppenheimer and Sturgeon should also be able to see this - this is the basis for our cooperation with Sturgeon and Niz Oppenheimer. ”
"The pit in Conero Coastal New City is too deep...... Zhou Han said.
They had dug the pit for Taihua, and of course they knew how much of a stake it had.
In particular, in mid-to-late August, international crude oil prices also began to plummet, and there were more and more signs that the subprime mortgage crisis could no longer contain the danger of spreading to the world.
In this case, it is the key for them to make good use of the funds in their hands and harvest as many assets as cheaply as possible, rather than easily involving deeper pits.
Even if they can get lucky enough to seize the control of the Taihua Group, in Zhou Han's view, they must give up the flashy project of Conero Binhai New City as soon as possible; and even in Zhou Han's view, they should not fight for the doomed mess of Taihua Group at all, beat the Lu family, and directly lose it to Han Shaorong.
"No one likes pure spoilers and spoilers, and Ge Jun and Qian Wenhan are no exception. Besides, I hate Han Shaorong, of course I don't want to be like him," Cao Mo sighed lightly and said, "No matter from which point of view, the Lu family can be defeated, but it will be very unfavorable for us to lose a bunch of messes in Conero Coastal New Town." ”
"But how to solve the funds?" Zhou Han asked.
"That's one of the reasons why I wanted to go to Sturgeon," Cao Mo said, "The Oppenheimer family, as one of the major shareholders of Coneiro Energy, also has a right of first refusal to buy back the part of the shares held by Dongsheng - I want to persuade the Oppenheimer family to buy back some of the shares of Cornello Energy." ”
Although Qian Wenhan kept the repurchase offer very low, even if Dongsheng accepted it unconditionally, the 30% stake of Conero Energy would be worth $60 million.
Before the crisis completely came, Qian Wenhan didn't want to consume the funds in his hand, and Cao Mo naturally had to reduce the consumption of funds as much as possible.
The Neraniz Oppenheimer family takes over a 10% stake in Conero Energy, so Cao Mo does not have to worry about the real control of Conero Energy falling into the hands of others, and can also save their funds to the greatest extent.
As for Conero Coastal New Town, in Cao Mo's opinion, the pit is not so big, he originally had the intention of doing Huwan New Town, and he really wants to take over in the future, and it is certain that the plan will be readjusted, but it does not need to be cut.
Of course, Cao Mo is not so optimistic about the reversal of the international situation, after all, the current international situation is scattered, and it does not reflect the high organization and high efficiency of the country in all aspects, but the more this is the case, the more someone must stand up and turn the tide, otherwise it is really difficult to predict how bad and far-reaching the negative impact will be.
And since Sturgeon coveted the new Taihua refinery, he would never want to see the new Cornello Marina City turn into a mess......