Chapter 209 is better not to be listed

"Mr. Hu, we still have less than 30 million shares. ”

Yu Hongbo took the time to take a look, and he was almost half sold.

"Well, it's best to sell as much as you can, and it's best to empty it. ”

Hu Yang saw that the downward trend of the stock price of Mingji Holding Group had become a success, so he issued an order to clear the position.

This is simply a sell-off regardless of the cost, and the closing price of Mingming Holdings fell at 2,163 Hong Kong dollars on the same day, a one-day decline of more than 20.

At the end of the day, Hu Yang still has less than 10 million shares left.

The next day, as soon as the market opened, the Hang Seng Index opened lower and directly broke through 9,500 points. The share price of Mingji Holdings, after Hu Yang's complete liquidation, also fell below 20 Hong Kong dollars.

Zeng's family.

Zeng Xiangqi's father and the directors of Mingji Holding Group are also discussing countermeasures.

"Chairman, this time we must have been calculated. The timing they chose to make a move coincided with the time when the stock price rose against the trend on the advantage of good rumors. In the past six months, the performance of the Hang Seng Index has been bad, and people's hearts are already unstable. Therefore, the other party's sneak attack will cause such a big impact. ”

"Chairman, I suggest that funds be withdrawn to quickly stabilize the stock price, if it keeps falling, the company's market value will shrink by at least half, or even more. ”

Directors offered their opinions.

"The timing is not right now, the company's stock price has already formed a downward trend, and it is not possible to blindly intervene now. If you really want to withdraw funds to stabilize the stock price, you have to wait until the stock price can't fall. Also, you go and find out what kind of money is going on against us."

Zeng Xiangqi's father is sixty years old, but he has a clear mind and is not confused by the difficulties in front of him. He knows that the first step in dealing with problems is to find the root cause, not to treat headaches and pains.

As a result, the shareholders and executives of Mingji Holding Group took action one after another, trying every means to start looking for enemies hiding in the shadows.

It's just that the Hang Seng Index has fallen violently, breaking 8,000 points in less than the middle of the month, and hitting 790913 points at the lowest before it began to rebound.

Hu Yang sold 40,000 short positions of HSI futures at 8,000 points, earning 2,700 index points and a profit of 5.4 billion Hong Kong dollars.

The share price of Mingji Holdings fell all the way, falling to 12 Hong Kong dollars in just half a month.

Now the stock market as a whole is not good, and it is easy for the stock price to fall, but it is difficult to rise.

Hu Yang instructed Yu Hongbo not to be in a hurry, and slowly bought back the shares of Mingji Holdings above 12 yuan.

In the end, according to Hu Yang's instructions, Yu Hongbo quietly bought back 50 million shares of Mingji Holdings, with an average price of 146 Hong Kong dollars.

The average price of selling 50 million shares of Mingji Holdings was HK$242, and the difference per share was HK$96. returned these shares of Mingji Holdings to East Asia Securities Hu Yang and made a total profit of 4.8 billion Hong Kong dollars.

So this time, with the income from the Hang Seng Index futures, Hu Yang made an overall profit of HK $58.8 billion, excluding the interest on securities lending and various taxes, and the actual profit was HK $58.5 billion.

But for the Zeng family, it is not only the problem of the shrinking market value of Mingji Holding Group, but also the collapse of the company's stock price has also caused several large financings to come to naught, and the losses are very huge.

Chen Hao's side also gained a lot this time, with a net income of almost 1.6 billion Hong Kong dollars, and he also breathed a sigh of relief for his son.

"Come on, Mr. Hu, I toast you. First of all, I want to thank you for taking care of Jialin, and secondly, I want to thank you for your plan, which made the Zeng family pay the due price for Zeng Xiangqi's stupidity. ”

Chen Hao specially invited Populus Hu to have a meal, and from beginning to end, Chen Hao showed a posture of arguing with Populus Hu's peers.

Fortunately, Chen Jialin didn't come because of the inconvenience of his arm, otherwise he might be embarrassed.

"Uncle, I get along well with Jialin, if someone moves him, it's not the same as moving me, both to make money and to hit the Zeng family, this kind of thing is not to be done."

Hu Yang doesn't like Chen Hao very much, too sophisticated. But after all, he is Chen Jialin's father, and he still fulfilled his courtesy.

As for the middleman Aqiu, as well as Zeng Xiangqi himself, Chen Hao said that he would deal with it and let Hu Yang leave it alone.

Hu Yang can't manage it if he wants to, Xiangjiang is not his home field after all.

The margin account of 1,027.9 billion and 377.65 million Hong Kong dollars was returned to the account of Huijia Trading. After the exchange of $13.2 billion, the company has $20.2 billion in US dollar accounts.

On the Hong Kong dollar account, 4937765 million Hong Kong dollars were left.

After Xu Youcheng came to Xiangjiang, he only did a few foreign trade businesses, and the money he earned was basically just enough to maintain his daily expenses, which was a situation of no profit and no loss.

Originally, Hu Yang did not plan to enter and exit the Xiangjiang stock market so frequently, and in 98, he only planned to make another one, but now it has been completed ahead of schedule.

"HSI futures can no longer be done, there are not too many time points in my memory, and the risk of continuing to do it will be highlighted. ”

At present, international travel funds are wandering in Xiangjiang, and these funds seem to be a lot, but compared with others, it is really not enough.

The problem now is that we need to find a way to invest our money instead of sitting idle in Hong Kong.

Of course, the money can be spent, after all, the Xiangjiang trade is Populus euphratica's own. It's just two billion dollars, how to spend it to spend it is a false proposition.

Back in the deep sea, Hu Yang did not return to Yangcheng directly, but booked a ticket and went directly to the magic capital.

"Mr. Hu, the company's two new factories have almost been completed, and it is estimated that they will be put into production after the Spring Festival. ”

In the electronic information technology park of the magic capital, Hu Yang met Zhang Rulin. At this time, Dr. Zhang was full of spirit, and Xintong International had three factories, which had begun to take shape.

However, compared with the advanced enterprises in the international and industry in the world, the gap is not small. Not to mention the manufacturing process, let's talk about the yield rate, which is not an order of magnitude with Taipower and Intel.

There is no way to solve this problem all at once, so we can only continue to increase investment and strive to catch up.

"Dr. Zhang, the company's current capital is not very optimistic, do you have any ideas?"

The semiconductor industry is technology-intensive and capital-intensive. After the construction of the three factories, Xintong International's funds are very tight.

Zhang Rulin nodded with a smile and said, "I have a plan to go public within two years." The target is the NASDAQ in the United States and the Stock Exchange in Hong Kong. ”

Hu Yang remembers that in that time and space, Xintong International was listed on the NASDAQ and the Stock Exchange at the same time four years after its establishment. In other words, according to historical experience, at least in the past two years, the company has been short of funds.

"Dr. Zhang, the road to listing is long and arduous, and if it is not possible, the company can still increase its capital and shares. Also, I don't recommend going public on the NASDAQ, and it's better not to go public if possible. ”

Hu Yang came to the magic capital this time, in fact, he wanted to talk to Zhang Rulin about increasing capital and shares. It's not that listing is bad, but when listing overseas, there are many times when it is controlled by others. For example, in the previous life, Taipower sued Xintong International in the United States, and after Xintong International lost the lawsuit, it suffered heavy losses.

In fact, there are also very powerful domestic enterprises that are reluctant to go public. For example, H, such as Ahaha, etc., have not been listed for financing.

"Is Mr. Hu's financial strength so strong Anyway, I have promised you that after the last round of capital increase and share expansion, I will no longer consider this road, after all, the shareholders' funds are limited. So, I've given up on this idea and can only wait for the company to go public to raise funds in the future. ”

Zhang Rulin spread out his hand, saying that he was helpless.

Shareholders have their own interests, and if the capital is increased and shares are expanded, it is estimated that most shareholders will oppose it. But listing is different, if the company's shares can be sought after by investors after listing, shareholders will instantly double their value.

"Dr. Zhang tried to convince them, after all, production and R&D are very expensive, and the listing is still far away. ”

Hu Yang didn't think that he would be able to persuade Zhang Rulin once, say hello to him first, and wait for the company's funds to have problems.

"Well, when the time is right, I'll bring it up. ”

Zhang Rulin is very grateful to Hu Yang, the company's development is inseparable from the support of shareholders, especially those with financial strength.

"By the way, Dr. Zhang, there are many technical backbones of the company, you brought them here, I don't know technology, but I heard that many engineers have worked in Taipower before, will we fall into other people's patent traps in technology?"

Hu Yang's words were very tactful, but he believed that Zhang Rulin could understand.

In my memory, Zhang Rulin did not lead Xintong International to the end, but was forced to leave the company less than ten years after the company was founded.

The cause of this incident was Taipower's lawsuit against Xintong International for infringement, which of course was related to these engineers who jumped from their old employers.

"In any case, our company cannot establish a production process out of thin air, and we have to refer to mature international experience. However, I also told the engineers that you can learn from it but not copy it, and you must avoid the patent traps of others. In this matter, Mr. Hu, you are right to remind you, the company must strengthen supervision over this area. ”

Zhang Rulin was obviously touched, and his answer was really not perfunctory.

Hu Yang felt that this was all he could do, he should be reminded, he should be reminded, and he was still powerless to do the rest.

As an investor, there are pros and cons. On the bright side, he can make money with the help of other people's smart minds. On the bad side, he can't control the running of the business, even if he knows the future.

Bidding farewell to Zhang Rulin, Hu Yang took Han Wen and Li Jie to play in the magic capital for a few days.

In addition to taking a look at the surrounding scenery and going to the famous NJ Road, Hu Yang and others spent the rest of their time wandering around Julu Road.

The purpose of poplar wandering around is not to go shopping, but to take a very serious look at the "old houses" in this area.

To be honest, Populus euphratica is now a little immune to ordinary villas, but the "old bungalow" with the vicissitudes of history and a sense of heaviness makes him linger.