Chapter 640 - Wooing with Interests
Li Xuan first met Liu Ruan Xiong during the initial acquisition of Hongkong Land. At that time, Liu Ruan Xiong only relied on a few clues in the market fluctuations to judge that someone was secretly absorbing a large number of shares of Land, so he decisively followed up and made a small profit!
At that time, Liu Ruanxiong was just a rookie in Hong Kong's capital market, but now he has grown into a "stock sniper" who is hated by countless major shareholders of the listed stock market.
Liu Ruanxiong, a monk who became a monk halfway, has been able to stir up the storm in the Hong Kong stock market in recent years, on the one hand, because he has a good talent and plays the European and American leveraged buyouts very slippery, and on the other hand, because he has the support of Li Xuan behind him.
Although Liu Ruanxiong is also a billionaire, his personal assets are not compared with Li Xuan, but there is still a big gap compared with Li Jiacheng, Bao Yugang and others.
The reason why he was able to spend billions of dollars at every turn to launch acquisitions of other listed companies was, on the one hand, relying on a few listed companies already in his hands to raise funds through the issuance of new shares, and on the other hand, borrowing money from banks and other financial institutions.
The two banks under Li Xuan's name, Jiahua Bank and Standard Chartered Hong Kong, both have close financial exchanges with Liu Ruanxiong! Liu Ruanxiong's several major actions in the past two years are inseparable from the massive financial support of Li Xuan's banks.
Of course, it was not without reason that Li Xuanken provided capital for Liu Ruanxiong! Hong Kong was in a state of political turmoil throughout the 80s that just passed. This has also led to several ups and downs in Hong Kong's economy over the past decade.
However, even in the midst of such a rollercoaster of storms and storms, the overall trend of Hong Kong's economy has maintained strong growth! The real evil consequence brought about by the strange political and political climate situation in Hong Kong is that a large amount of capital has turned from the pursuit of long-term stable returns to short-term speculation when it is uncertain about the future trend.
The most typical example of this is speculation in Hong Kong's property market and stock market. As a result, the whole Hong Kong society began to fall into impetuousness, and everyone wanted to seize the time to make a fortune and immigrate overseas, and there was no longer the Lion Rock spirit of the sixties and seventies!
The speculation and speculation of capital may be able to blow up a large number of bubbles in the short term. However, once these bubbles burst, they will inevitably seriously hinder the long-term healthy growth of Hong Kong's economy! Suppressing speculation should be the unshirkable responsibility of the ruling authorities, but the British, who are about to pat themselves on their buttocks, obviously do not care about Hong Kong's future!
However, the Oriental Bloc will have to gain a foothold in Hong Kong next, so Li Xuan has no choice but to undertake this work! Naturally, he cannot use administrative means to intervene on his own, so he can only use the rules of capital to teach the speculators an unforgettable lesson.
According to the results of a survey recently published by the Hong Kong Economic Journal, in the past five years, more than 60 percent of the Hong Kong stockholders who chose to speculate in the stock market themselves have incurred losses, and less than 15 percent of the stockholders have actually made money with their own eyes!
After the survey was announced, calls for the de-retailing of the Hong Kong stock market suddenly increased. Single-handedly stockholders, whether at the capital level, technical level, or information source level, can not compete with the bookmaker, how can there be no reason to be undefeated?
And Li Xuan seems to have become the biggest market maker in the Hong Kong stock market! This is not only reflected in the companies listed in Hong Kong, such as Jiahua Bank, Standard Chartered Hong Kong, Hong Kong Telephone, and Asia Entertainment Media, but also makes the Oriental Group the group with the largest market value in Hong Kong.
What's more, Li Xuan controls Hong Kong's largest financial newspaper -- Hong Kong Economic Journal, the largest banking alliance in Hong Kong -- a syndicate formed by an alliance with Standard Chartered Hong Kong and Jiahua as the core and a number of other small banks, Hong Kong's largest securities company -- Asia Sun Hung Kai Securities, and Hong Kong's largest private equity investment fund -- LH Fund.
When these companies are gathered, they can almost cover the sky of Hong Kong's capital market! If Li Xuan wants any stock to fall, the reporter will immediately expose some bad deeds of the major shareholders or management of this listed company; then the banks will start to draw loans, and the funds will sell off the company and its stocks and bonds in large quantities!
Even if this is an exceptionally stable company, after being attacked by such a combination of punches, it will definitely not be able to avoid the fate of the stock price plummeting!
It's just that Li Xuan has always shown in front of the public an image of being kind and charitable. He wouldn't use such naked and bloody means to harvest, after all, the work that would stain his hands could be done by some agents!
And Liu Ruanxiong is one of them, he doesn't care at all about the small shareholders who were miserable by him, as well as the major shareholders of listed companies who have been cut by him, and curse themselves in circles behind their backs!
Therefore, the cooperation between Liu Ruanxiong and Li Xuan, the former can make a lot of money. And the latter is to let the entire Hong Kong capital market follow its own baton to operate!
Is the call for the de-retailing of Hong Kong stocks really the will of the small shareholders themselves? Not necessarily! The biggest characteristic of retail investors is that their funds are scattered and they are prone to blind impulsiveness. This is also the main reason why the Hong Kong stock market has a strong speculative atmosphere, and it often soars and plummets!
In contrast, if investors hand over their money to investment managers of professional institutions, although these professionals are also chasing profits, they can still maintain professional judgment rationally most of the time!
For Li Xuan, it is far easier to influence a small group of professionals than to influence a large number of shareholders! Because Li Xuan's financial layout has shrouded the entire Hong Kong capital market, these people in the industry will always have to deal with Li Xuan!
Therefore, it is Li Xuan who really wants to de-retail the stock market, and he hopes to let the investment decision-making power scattered among ordinary shareholders be concentrated in the hands of a small number of investment managers! Then, by influencing the choices of these investment managers, he can grasp the general trend of the entire Hong Kong stock market!
Of course, in addition to the huge number of merchants, those huge blue-chip stocks are also the objects that Li Xuan does not shake! Taking the above-mentioned CLP Company as an example, it is difficult to leverage CLP's stock price with only a small amount of money. Unless there is a major event such as mergers and acquisitions, CLP's stock price may skyrocket. But if you want to really threaten the controlling position of the Kadoorie family, the majority shareholder, the amount of money that needs to be mobilized is not a small amount, at least tens of billions of Hong Kong dollars!
In order to attract the attention of the Kadoorie family, Liu Ruanxiong's next move to acquire the Grand Hotel Group is bound to make a lot of noise!
With Liu Nguyen-hsiung's actual control of the shares (30%), far exceeding that of the Kadoorie family (10%), a sudden attack with a decisive blow is actually the best choice! After all, no one knows what unforeseen changes will occur after a long time!
However, in order to create an opportunity for Li Jiacheng to raid the other core industry of the Kadoorie family, the China Power Company, Li Xuan is willing to let Liu Ruanxiong pay some additional costs and risks! And if Li Ka-shing is really ready to attack the China Power Company, then he will have to accept the great favor that Li Xuan sent today!
From a political-political point of view, the Kadoorie family is definitely an enlightened group among the British capital, and they have always chosen to actively integrate into Hong Kong, truly considering Hong Kong as their second home. It's a pity that Li Xuan is a businessman, not a politician! So he still ruthlessly chose to attack the Kadoorie family, sacrificing the interests of the Kadoorie family to win over and unite Chinese tycoons like Li Jiacheng!
Marx said in "Capital" that capitalists dare to take risks when they have 50 percent of their profits, and dare to trample on all laws when they have 100 percent of their profits! As far as Li Jiacheng is concerned, if he can pocket the China Power Corporation, he will be able to completely monopolize Hong Kong's electricity market! This is a chicken that can really lay golden eggs, and it is worth his reckless risk!
And when a Chinese-funded consortium like Li Jiacheng is willing to speak out with Li Xuan, no matter how hard the British struggle, they cannot avoid the fate of being hollowed out! After all, 99% of the people in Hong Kong are Chinese. With less than 1% of the British, it's impossible to do anything!