"Mr. Yang, will the sharp drop in stock prices bring any substantial damage to our new Lenovo Group?" asked Yu Wenfei.

Yang Yuanqing was stunned for a moment, of course, the sharp drop in stock prices is not good, the company's image is damaged, the market value is declining, investor confidence is damaged, etc., this is a very direct damage.

But Mr. Fei asked about the substantial damage, and he couldn't say anything for a while. Because the normal business activities of New Lenovo are not affected at all, and the company's equity is relatively concentrated, Yu Wenfei alone controls most of the shares, as long as he has no opinion on the company, those scattered small shareholders can have nothing to jump about.

"Uh...... It doesn't seem to be any substantial damage, but if we let the stock price fall, the impact will not be good, after all, Lenovo is still one of the constituent stocks of the Hang Seng Index. After such a sharp drop in stock prices, if it cannot rise quickly, the Stock Exchange may issue a warning letter. Yang Yuanqing said hesitantly.

The Hang Seng Index is composed of 50 of the most powerful companies in the Hong Kong stock market, and it is not only the most important stock market index in Hong Kong, but also one of the top five stock indexes in the world.

Therefore, if a company listed on the Hong Kong Stock Exchange can be included in the Hang Seng Index, it means that the company's strength and influence have been officially and market-recognized.

In 2000, Lenovo was selected as a constituent stock of the Hang Seng Index, and it was hyped in the newspapers at that time, as the pride of the domestic IT industry.

However, Yu Wenfei didn't take this Hang Seng Index in his eyes, no matter what it was, as long as you don't care about it, then it will naturally not be able to stand up in front of you.

"Let it be, our company originally did not have many shares in circulation, and now after the integration of the new group, Lenovo is no longer the most important department of the company. WHETHER IT IS THE THINKPAD DEPARTMENT OR THE ALIEN DEPARTMENT, THE IMPORTANCE IS NO LESS THAN LENOVO, ESPECIALLY THE NEW BUSINESS UNIT THAT WILL BE ESTABLISHED IN THE FUTURE.

You can let the secretary of the board of directors respond casually, and warn the securities institutions that are making trouble this time, the stock price is falling so much today, there must be an institution behind it, and they want to short our Lenovo company. Yu Wenfei waved his hand and said indifferently.

At this moment, Hu Jingjing came over with a tray, and breakfast came.

Although Yang Yuanqing hasn't figured it out yet, but the boss has told him so, of course he won't say anything more.

After breakfast, Yang Yuanqing called back to China and arranged it according to Yu Wenfei's instructions.

Lenovo's secretary of the board of directors did not delay and issued an open letter in response to today's sharp drop in Lenovo's stock price.

In the open letter, Lenovo's secretary of the board of directors severely criticized some institutions for maliciously shorting Lenovo, ignoring the facts, and deliberately misinterpreting relevant data. And clearly pointed out that Huimin Computer is a major measure for New Lenovo Group to give back to consumers and have the courage to assume social responsibility. Moreover, the cost of loss is completely solved by the group company and will not be reflected in the financial statements of the listed company.

After the letter was issued, the Hong Kong securities market was in an uproar.

In the past, if a company's stock price plummeted, they would apologize with fear, review whether their company was doing something wrong, and promise to remedy it immediately if there was a problem.

Who has ever seen Lenovo's attitude, losing money so justifiably, and criticizing short-selling institutions.

Someone is shorting Lenovo, this is something everyone can think of, otherwise, it would be impossible for multiple institutions to break out unfavorable reports on Lenovo on the same day, and all of them downgraded their ratings.

But in the securities market, capital is king!

Everyone takes it for granted that if the company is profitable and there is nothing to blame for others, then there is no way for others to short.

From the perspective of investors, Lenovo's Huimin computer project is indeed a thing that does more harm than good, isn't it just to make money, and it's not a charity, why should you Lenovo rush to do what should have been done by the government?

A few years later, everyone hasn't seen the monopoly market, but you are really losing money, everyone has seen it!

Moreover, Lenovo is still a mainland company, and it is undeniable that both Western capital and local capital in Xiangjiang are still a bit condescending psychologically in the face of mainland companies. They always think that mainland companies rely on cheap labor to earn hard-earned money, without any technical content, and Lenovo is just a computer assembly company, without its own core technology.

Such a company dares to accuse investors!

Therefore, Lenovo's open letter to the secretary of the board of directors caused an uproar, and many institutions immediately jumped out to refute it.

"Lenovo is obsessed, this is going further and further down the wrong path!"

"When the market opens tomorrow, Lenovo's stock price will inevitably fall sharply, let's wait and see!"

"Sell Lenovo stock, that's my advice to all investors. ”

"Let it be delisted! Unscrupulous companies should not exist in our Hong Kong securities market. ”

"Lenovo or Hang Seng Index constituent stocks, what is the management body thinking, and still not kicking out this kind of company?"

Under public opinion, the management committee of the Hong Kong Stock Exchange also held an emergency meeting and made a resolution, of course, this resolution is also unfavorable to Lenovo.

"From now on, Lenovo shares are officially excluded from the Hang Seng Index constituent stocks. 》

The reason given is that Lenovo's profits can be expected to fall sharply in the next few years, and the stock price has fallen sharply, causing the company's market value to shrink significantly, and it is no longer eligible to be selected as a constituent stock in the Hang Seng Index.

Whether it is a constituent stock of the Hang Seng Index or not, to be honest, has no substantial impact on the boss company, it is just a kind of reputation, or a recognition of your company by the securities market.

However, it would be a shame to be eliminated after being elected......

What happened in Xiangjiang was quickly fed back to Yang Yuanqing, and after seeing the news, he was stunned.

How so?

I have just taken over the new Lenovo Group, and have successively acquired alien computers and IBM personal computer business units, and the company's scale has swelled dramatically, and it will be able to compete for the first place in the world's PC manufacturers in two years.

What the hell is the Xiangjiang securities market doing?

............

After yesterday's press conference, Yu Wenfei contacted Wal-Mart, saying that he was going to visit the Walton family.

The last time Wal-Mart bought Knorr Supermarket, Wal-Mart's executives made a promise to Yu Wenfei that when the time was right, the Walton family would come forward to do something for Yu Wenfei.

Therefore, IBM's acquisition is the time to use this favor.

Moreover, I have to prepare for the future, and it is always not wrong to make more friends with some powerful people in Europe and the United States.

After breakfast, not long after returning to the room, he received a call from the vice president of Wal-Mart, who presided over the acquisition of Knorr last time, and he welcomed Yu Wenfei and invited Yu Wenfei to Bentonville, Arkansas, on behalf of the Walton family.

This little-known city is home to Walmart's headquarters.

Yu Wenfei readily agreed and made an appointment to meet.

After hanging up the phone, Yu Wenfei was about to ask Pei'er to book a plane ticket and take everyone to Arkansas, when Yang Yuanqing hurriedly walked into the room.

"Mr. Fei, there's an accident over there in Xiangjiang again! It's still a matter of stocks. ”

Yu Wenfei unhurriedly asked him to sit down, and then asked, "What happened to the stock?"

"Our Lenovo shares have been excluded from the Hang Seng Index constituent stocks! Moreover, the overall public opinion there is criticizing our company's ......," Yang Yuanqing said with an unhappy face.

It's the Hong Kong Stock Exchange again!

A little broken tradable shares are endless, and Yu Wenfei is speechless.

"What is the total proportion of Lenovo's outstanding shares on the Hong Kong Stock Exchange, and what is the current market capitalization?" he asked.

"Not much, the outstanding shares account for a total of 15 percent, and the market value is only less than 900 million yuan after the market closes today. Yang Yuanqing replied.

Yu Wenfei now holds 75 percent of the shares of Lenovo Company, and there are still 10 percent left in the State-owned Assets Supervision and Administration Office of the Chinese Academy of Sciences, and the remaining 15 percent are the outstanding shares of the Xiangjiang Stock Exchange.

When Yuwenfei acquired Lenovo, Lenovo's market value was as high as 12 billion yuan, and after today's halving and plummeting, the market value is less than 6 billion, so 15 percent of the outstanding shares are worth less than 900 million yuan.

"It's only 900 million yuan, ......"

Yu Wenfei rubbed his chin, and after thinking for a while, he simply said: "Delist, don't play with them, I don't have that time to waste on the stock market!"

"Delisted?" Yang Yuanqing was a little stunned, feeling that he couldn't keep up with the boss's rhythm.

Generally, companies are brainstorming and bothering in order to go public, because once listed, both social status and substantial policy dividends are much better than those of non-listed companies.

How can any listed company take the initiative to delist?

At least in China, I've never heard of it.

Yu Wenfei saw Yang Yuanqing's incomprehension, and said with a smile: "Then the circulating shares are of no use to the company, and we don't need to raise funds in the stock market! If we talk about policies, don't worry, whether it is listed or delisted, the state and local governments will vigorously support it in the future." Moreover, without the shackles of the stock market, it is more convenient for the group's internal affairs to be adjusted and made in the future, at least there is no need to make any announcements and vote at shareholders' meetings when making major decisions. ”

Yang Yuanqing nodded, he also figured it out, Lenovo's listed company is only a part of the group company now, looking at Yuwenfei's acquisitions, it will definitely be far away in the future.

And the company is not short of money, after the acquisition of IBM personal computers, there are still 200 million US dollars and 1.2 billion yuan left in the group's account!

"That'...... Do you use the company's funds to repurchase shares?" Yang Yuanqing asked again.

"No, I'll find someone else to take over this part of the shares. Yu Wenfei shook his head and said, he had already thought about who to find to take over this part of the tradable shares.