After Liu Ruanxiong went to work every day, the first thing he couldn't do was to browse the newspapers of the day. In particular, Hong Kong's only financial newspaper, Hong Kong's only financial newspaper, Hong Kong Economic Journal, was always placed at the top of a stack of newspapers by his secretary in advance.

Liu Ruanxiong has been proud recently, he has just successfully blocked the stock of Nengda Technology, making a profit of 6.5 million yuan. Nengda Technology is a listed company under Hong Kong Chuang's Group, mainly engaged in the production of telephones. In 1983, the United States opened up the telephone sales market, and the telephone produced by Chuang's Group took the opportunity to open the North American market. With the opportunity of outstanding performance that year, Chuang's Group split the telephone and business separately and went public.

After Nengda Technology went public, the stock price once reached 5.6 yuan per share. But the majority shareholder, Chuang's Group, sold on the upside. Now the price of the stock has fallen to only 0.64 yuan per share, and the majority shareholder Chuang's group has already shrunk from the initial 75% to about 20% now.

The low shareholding of major shareholders undoubtedly gives a stock market vulture like Liu Ruanxiong the opportunity to peck hard. He quietly began to absorb the shares of Nengda Technology, and when the shareholding exceeded 20%, he suddenly publicly announced that he wanted to control Nengda.

As a result, Nengda's share price rose in response, and Chuang's Group, the original major shareholder of Nengda Keji, was unwilling to lose the listed subsidiary, so he had to send someone to negotiate with Liu Ruanxiong, hoping that he would abandon the acquisition. In fact, Liu Ruanxiong did not really have the will to control Nengda Technology, so he took advantage of the situation to transfer all the shares in his hands to Chuang's Group at the new price after being speculated.

It only took Liu Nguyen Hung a month to earn a huge difference between the buy and sell of stocks. This kind of real and fake acquisition trick has long been commonplace on Wall Street. But on the Hong Kong stock market. Liu Ruanxiong was the first to eat crabs, so he was full of oil in the first bite.

Liu Ruanxiong's own company Aimeigao originally produced electric fans. Because of his success in bringing the nostalgic series of antique fans to the North American market, he also earned a nickname of "Fan Liu" in the Hong Kong industry.

Ameco went public as early as 1983. Hong Kong's stock market ushered in a round of retaliatory surge after the dust settled on the Sino-British negotiations. By the turn of spring and summer last year, Liu Ruanxiong felt that the stock market had risen to a high point, so he decisively sold a large number of Aimeigao shares in advance of his hands.

Sure enough, Hong Kong stocks have turned from bulls to bears since last summer, and they have been falling all the way. The share price of Aimeigao fell from 2.04 yuan when Liu Ruanxiong sold it to only 0.7 yuan. So he took advantage of the low point of the stock price to vigorously absorb individual shares and regained control of Aimeigao.

Between this toss and sucks, Liu Ruanxiong not only did not lose the country. It also made a profit of more than 10 million yuan. He suddenly found that doing business is not as fast as making money by speculating in stocks. So he simply began to focus on the Hong Kong stock market, and Nengda Technology was just his small test!

The matter of Nengda Technology has come to an end, and Liu Ruanxiong has begun to search for the next sniper target. The financial news in Hong Kong newspapers is one of the important channels for him to obtain information.

The headline on the front page of Hong Kong Economic Journal today is the news that the four Hong Kong exchanges will officially merge into the United Stock Exchange on April 2. In the second edition of the financial column, Liu Ruanxiong found another article questioning Jardine Matheson's listed company Hongkong Land Group.

Jardine Matheson seems to have been in a lot of trouble in recent months, and there are all kinds of criticism and doubts in the market. The first to denounce Jardine Matheson Group was Hong Kong's well-known newspaper Wen Wei Po. An associate professor at Lingnan College published an op-ed in Wen Wei Po. It is questioned that Jardine Matheson Group deliberately released false good news.

As a result, Hongkong Land successfully placed 72 million shares of Jardine Matheson Holdings in the first half of last year, when the stock price of Jardine Matheson Holdings was at its highest, and easily cashed out from the stock market to 860 million Hong Kong dollars in cash.

Before the major shareholder Hongkong Land reduced its holdings. Jardine Matheson Holdings released a series of positive news, which caused the stock price to rise all the way. After Hongkong Land completed the reduction of its holdings, the share price of Jardine Matheson Holdings began to fall all the way. The Wen Wei Po article directly questioned. There were illegal profits between the two affiliated listed companies, and the Hong Kong government's securities commissioner was requested to intervene in the investigation.

The matter on the Jardine Matheson side is not over yet. Hongkong Land's half-year earnings report in early November fell short of market expectations. A number of financial commentators have published articles in newspapers one after another, fiercely criticizing the two listed companies of the Jardine Matheson family.

They agreed that the Keswicks had failed to put the main effort. Focusing only on the management of the company and the improvement of performance, it is desperately selling assets and cashing out funds to transfer overseas, which seriously damages the interests of the minority shareholders of listed companies.

Affected by this series of unfavorable news, Hongkong Land's share price once fell from HK$7.8 per share to only HK$6.2, knowing that it slowly recovered to more than HK$7 after New Year's Day.

Mr. Liu quickly read through the article, and his instincts told him that things did not seem as simple as they seemed. The two listed companies in the Jardine family are both large-cap stocks on the Hong Kong Stock Exchange, and their level of governance is much better than that of other small and medium-sized listed companies.

But instead of exposing other more problematic stocks, these financial experts and columnists have set their sights on these two Jardine Matheson companies. So much so that there is a theory in the market that this is the retaliation of the northern authorities for the sudden announcement of the relocation of the headquarters of the Jardine Matheson Group from Hong Kong at a critical moment in the Sino-British negotiations in 84, which led to the collapse of Hong Kong stocks.

Because Wen Wei Po, which was the first to attack the Jardine Matheson Group, is known as one of the three mouthpieces of the mainland central government in Hong Kong. Of course, the president of the Xinhua branch in Hong Kong specially refuted this rumor, but it is unknown how many people believe it.

And Liu Nguyen-hung is one of those who believe it, and he believes that the mainland government cannot be so ungraceful. But if it's not the mainland government behind it, then who is having trouble with the Jardine Matheson Group?

Could it be that someone deliberately suppressed the stock prices of these two companies, and then secretly raised funds, preparing to launch a fatal blow? Liu Ruanxiong couldn't help but be secretly shocked when he thought of this. If it is really as he guessed, it will inevitably be a big war that will shake the whole of Hong Kong!

Among the two listed companies of the Jardine Matheson family. Jardine Matheson's market capitalization is smaller, but it also has about 5 billion Hong Kong dollars. And Hongkong Land still retains a 25% stake in Jardine Matheson Holdings. Coupled with the equity in the hands of the Keswick family, the total share of the control in Jardine Matheson Group should be more than 40%. This is already a very safe level, and if someone really wants to force an attack, Jardine Matheson could easily increase its holdings to 50% of the absolute control line.

Another listed company, Hongkong Land, has a market capitalization of HK$14 billion, despite the recent decline in its share price. Although Jardine Matheson's stake in Hongkong Land has dropped to 25%, if others want to force the acquisition, it will need to use a huge amount of HK$7.5 billion, even if it is not at a premium. This will be an unprecedented shocking merger and acquisition in the Hong Kong stock market!

At this time, Liu Ruanxiong was just starting out, and he was not the famous stock killer in Hong Kong in later generations. His net worth has just exceeded 100 million, and he has not yet started to play the "real estate pickling technique" that spends a lot of money. But his sense of smell is sensitive enough.

In fact, Liu Ruanxiong's bold guess was not wrong at all, Zhuang Yuhai handed a takeover offer to the hands of the senior class of Jardine Matheson, Simon Keswick.

"Mr. Keswick, Heung Kong Holdings already holds 24.5% of Hongkong Land's shares, and we hope to acquire 25% of Hongkong Land's shares held by Jardine Matheson Holdings, which is our takeover offer!" Zhuang Yuhai said calmly.

In stark contrast to Zhuang Yuhai's full face of spring breeze, Keswick's face was a little blue at the moment. The gentlemanly demeanor made him hold back, and he didn't burst out the vulgar words that started with F. He now finally understood the trouble he had encountered during this time. Who the hell is doing it!

Since Li Xuan agreed to his plan to buy Hongkong Land in October last year, Zhuang Yuhai has been planning for four months. The first step in his action is naturally to muddy the waters first, otherwise as long as he starts to absorb the scattered shares, Hongkong Land's stock price will inevitably start to rise. It's easy to startle the snake. Alert Keswick and Jardine Matheson in advance.

The regulation of the Hong Kong stock market is far less stringent than that of the European and American markets, and in fact, for a long time, the Hong Kong securities market was not regulated at all. Until 1973. Because of the stock market crash caused by the emergence of fake stocks in the market, the Hong Kong government created the supervisory position of the Commissioner of Securities and Trading. The Hong Kong Securities and Futures Commission waited until after the stock market crash in 1987. will be officially established!

Because of lax regulation, the true situation of Hong Kong-listed companies is far less open and transparent than that of European and American stock markets. It's not hard to get hold of a public company. So Zhuang Yuhai began to gradually release a series of unfavorable news about Jardine Matheson and Hongkong Land through newspapers, and beat the senior management of Jardine Group into a daze with a set of combination punches.

Even better, Zhuang Yuhai also took advantage of Hong Kong's special political climate very skillfully, so that the top management of the Jardine Matheson Group, including Keswick, thought that the Chinese communist government was retaliating against them. So much so that President Xu Jiachun of the Hong Kong Xinhua Branch finally had to stand up and refute the rumors.

Taking advantage of the sharp fluctuations in Hongkong Land's stock price, Zhuang Yuhai quietly began to absorb a large amount of funds. The traders in Zhuang Yuhai's team are all elites poached back from Wall Street, and they combine the rhythm of Zhuang Yuhai's release of various negative news, which makes Hongkong Land's stock price fluctuate violently.

Although Hongkong Land's share price has been rising firmly and slowly because of Zhuang Yuhai's large number of shares, several waves of sharp declines deliberately created in the middle have fully confused the entire market and the senior management of Jardine Matheson. In fact, Keswick could vaguely sense that there was a black hand that was going to work against him, but he had not been able to lock on to his enemies. Until the enemy hiding behind the scenes, he came to the fore openly.

Heung Kong Holdings, Keswick had never heard the name of the company, but he could also guess that it was a leather bag company specially set up to acquire Hongkong Land. He actually wanted to slam the bullshit takeover offer in his hand in the face now, and then let the man with a wicked smile in front of him get out of his office.

It's just that reason makes him afraid to do so, and the Heung Kong Holding Company, which suddenly appeared, already has a 24.5% stake in Hongkong Land. That's almost the same amount of chips as Jardine Matheson, and now the two companies are on the same starting line. But the other party is scheming, and Jardine Matheson knows nothing about its competitors.

"Who are the shareholders behind Heung Kong Holdings?" Keswick asked in a deep voice.

"Mr. Huo Yingdong of Huo Xingye Tang, Mr. Guo Henian of Karrie Group, Mr. Lin Guitai of Liu Group, Mr. Xu Shixun of China State Construction Group, and LH Investment Fund under the name of Mr. Li Xuan were jointly funded by the five companies to establish Heung Kong Holding Company!" At this time, Zhuang Yuhai had no need to continue to keep secrets, and he happily reported the names of the bosses behind the scenes.

And every time Zhuang Yuhai said a name, it was tantamount to pressing a boulder on Keswick's chest. Especially when he finally heard Li Xuan's name, his face, which had been calm, finally couldn't help but start to change color.

Keswick quickly skimmed through the offer in his hand, and the purchase price offered by Heung Kong Holdings was 9 yuan per share, a 25% premium to Hongkong Land's closing price of 7.2 yuan per share yesterday.

"I don't think the price is sincere, Hongkong Land's actual value is much more than $9 per share!" Keswick said, shaking his head. The most important thing for him now is to hold the other hand back and buy himself time to fight back.

"Heung Kong Holdings has submitted an application for a general tender offer to the Hong Kong Stock Exchange. At the same time, we applied for a suspension of trading in Hongkong Land's shares! Since Mr. Keswick, on behalf of Jardine Matheson Holdings, rejected our takeover offer, we can only acquire through the open market!" Zhuang Yuhai nodded to Keswick, and turned away without any delay.

This made Keswick, who was sitting in the large chair, a little stunned, he didn't expect that the other party would not give him a chance to bargain at all. A general tender offer, it seems that Heung Kong Holdings is ready to tear its face hard at the beginning!

Keswick immediately grabbed the phone on his desk and asked the secretary to urgently notify the senior management of Hongkong Land and Jardine Matheson to come to a meeting to discuss the counterattack strategy. And just when Keswick and Jardine Matheson Group were urgently discussing countermeasures, the news that five Chinese-funded companies had formed a group and purchased the land group finally spread throughout the market.

Mr. Lau, a junior clerk at a foreign trade company in Kowloon Tong, was standing in front of a photocopier in the corner of his office, preparing to make a copy of a contract. Suddenly, the BP machine hanging on his waist came with a sound of "beep-beep-beep-beep!".

He casually took off the pager, picked it up and looked at it, and it turned out to be stock market information from the pager. The BP machine in his hand is the first Hanxian pager in Hong Kong that has just been launched by a subsidiary of Star Optoelectronics.

Starlite Paging Desk, a subsidiary of Starlight, recently began to cooperate with a number of securities firms in Hong Kong to launch a stock market SMS business. Users who have purchased Hanxian pagers only need to pay a monthly fee of 15 Hong Kong dollars, and they can receive important events in the stock market at the first time on each trading day. (To be continued......)