Chapter 378: Liu Luanxiong who was sniped
In 1985, the Shaojie Fund invested a total of 3.5 billion Hong Kong dollars in various financial assets, which was after Zhang Shaojie successively transferred 2.5 billion funds from the Shaojie Fund to invest in the assets of Hong Kong Longteng Building and Longteng Cinema.
Otherwise, the size of Shaojie Fund may reach more than HK$6 billion.
Because it has been established for less than two years and has achieved a cumulative rate of return of 750%, Shaojie Fund has long been proud of the Hong Kong fund industry and has become the most profitable fund in Hong Kong.
At present, Shaojie Fund's investment portfolio is mainly based on equity investment, with about 1 billion funds, which are in blue-chip stocks with stable performance such as Hutchison and HSBC.
In addition, there is 1 billion capital to flexibly invest in short-term stocks, looking for market hotspots and topics that can be speculated.
The remaining 500 million are staring at some foreign exchange, oil, gold and other futures projects in the international market, and the speculative surname is higher.
Without Zhang Shaojie's guidance, the annual rate of return of Shaojie Fund can reach about 30%.
If there is Zhang Shaojie's guidance on the important market, he can even do it quickly and make several times the huge profit in the short term.
In addition to Zhang Shaojie's golden finger, Shaojie Fund's regular investment is mainly determined by market research, as well as the vision and feeling of professional investors.
Most of the traders in the fund have different philosophies. However, in general, the entire fund will only make a move on some investment targets on the premise that the performance of the company and industry is worth investing in.
Soon after the listing of Aimeigao, Shaojie Fund conducted an in-depth investigation of the company, and analyzed the valuation of Aimeigao from multiple perspectives such as macroeconomy, industry trends, and the company's market position.
It is concluded that in the next 10 years, Aimeigao's electric fan business will be able to expand to the extent of 1 billion sales and 100 million annual profits. At present, Aimegao, which only has a market value of 70 million, has a certain value because of its performance growth space.
On the basis of value investment, Aimeigao was included in the analysis and watch list of Shaojie Fund.
When the share price of Aimeco fell below 1 yuan, Shaojie Fund decisively sold and bought the stock.
"Liu Luanxiong, whether you repurchase or not, I think this investment is very cost-effective!" Chen Shaohe muttered to himself.
The 10 million shares invested by Chen Shaohe cost an average of 1 yuan per share, costing 10 million Hong Kong dollars, which is insignificant in the portfolio of Shaojie Fund.
However, it has a huge influence on the disk of Aimeigao.
If Shaojie Fund did not buy these 10 million shares, then with the current decline of Aimeigao, it may even fall to HK$0.5 a share.
The continuous buying of Shaojie Fund only digested most of the sell-offs in the short term. Therefore, the downward momentum continues to decrease, falling to 0.8 Hong Kong dollars per share, and it will not fall.
In Shaojie Fund, it invested in Aimeigao, and even became the major shareholder of Aimeigao with a 14.2% equity ratio.
At the 1984 Annual General Meeting of Shareholders held in January 1985, the representative of Shaojie Fund, in the name of the major shareholder, put forward a proposal to reorganize the board of directors and re-elect the chairman and directors of the company.
At this time, the Liu couple were on the beach in Hawaii, basking in the sun and enjoying the beautiful scenery of the beach.
"Da Liu, hurry back to Hong Kong!" Liang Yingwei, Liu Luanxiong's partner of Aimeigao, made a long-distance phone call.
"What's the matter, I'm on my honeymoon with my wife, if it's a company's business, you can deal with it, now Lao Tzu has no shares and is light, and you Liang Yingwei is the major shareholder, right?" Liu Luanxiong sneered in his heart, Liang made great contributions to the listing of Aimeigao, but this person was second only to Liu Luanxiong in his previous shares, and the two had already fallen out over the distribution ratio of the original shares before the listing. Now, Aimei has plummeted, Liu Luanxiong has been sold in advance, and Liang is deeply involved, so it is estimated that he has suffered heavy losses.
"It's all about to happen, you know?" Liang Yingwei looked angry on the phone.
"Isn't it just that the stock price is falling!" Liu Luan's heart was happy.
The stock price fell, and Liang estimated that he lost miserably!
"It's not going to fall anymore!" Liang Yingwei said, "However, the major shareholder of Aimeigao has changed!" It's not you, it's not me! It's an outsider! Shaojie Fund invested 10 million shares of Aimeigao, and at the general meeting of shareholders, it issued an order to be the chairman and replace the directors! If you don't come back to clean up the mess, your directorship will be expelled, and the company will be completely cleaned by the new shareholders from top to bottom! ”
"What, how can that be?" Liu Luanxiong was suddenly furious.
Although he sold most of his shares in Aimeigao and cashed out 100 million funds, Liu did not plan to really sell Aimeigao.
In fact, Liu Luanxiong intends to take Aimeigao as his foundation, be both a major shareholder and a market maker in the stock market, and use means such as selling high and buying low, as well as issuing new shares in the bull market, etc., to build Aimeigao into a financial holding aircraft carrier of 10 billion yuan.
Before this dream is realized, Liu Luanxiong will not allow others to touch his foundation.
Therefore, after learning of the turmoil in Aimeigao's equity, Liu Luanxiong and his wife immediately ended their vacation ahead of schedule, and in February, they returned to Hong Kong and prepared to increase their holdings in Aimeigao.
Because at this time, Liu Luanxiong had 3.5 million shares in his hands, accounting for 5% of the total share capital.
However, Liu Luanxiong has hundreds of millions of funds in hand, and a slight repurchase of tradable shares has triggered a sharp rise in stock prices. It has only been a week since he returned to Hong Kong, and he has just spent 15 million yuan to increase his shareholding ratio to 17%, but Aimeigao's share price has returned to a high of 1.4 Hong Kong dollars.
Shaojie Fund, seeing Liu Luanxiong's repurchase, immediately deliberately teased him and announced:
"Shaojie Fund is very optimistic about the prospects of the future electrical appliance manufacturing industry, especially the demand for electric fans in the Chinese mainland market and Southeast Asian market, which is in short supply, resulting in ten times the growth space of Aimeico in the next five years. Shaojie Fund intends to control Aimeigao and plans to increase its holdings in Aimeigao by a large amount, with the goal of becoming a controlling shareholder. ”
After the announcement, within a day, Shaojie Fund increased its holdings by 500,000 shares, pushing the share price of Aimeco to HK$1.45.
Liu Luanxiong said angrily: "Shaojie Fund is a group of financial speculators, who don't understand industry or production at all!" Only under my control will Amyco have a good future! ”
Liu Luanxiong, who was forced to fight, also increased his holdings by 2 million shares in one day, pushing the stock price to HK$1.65.
In the equity war between Shaojie Fund and Liu Luanxiong, Liang Yingwei, the general manager of Aimeigao, began to announce the reduction of his shares when the stock price rose to HK$1.6.
The 7 million shares of Aimeigao held by Liang Yingwei have been reduced in the market one after another, some of them were sold to Shaojie Fund, some of them were sold to Liu Luanxiong, and even some retail investors who followed the trend began to take the opportunity to enter the market to buy Liang Yingwei's sold shares.
Of course, Liang's sell-off, to a certain extent, inhibited the rise of Aimeco.
Because, with his sell-off, some retail investors began to suspect that Aimeigao had a negative performance again, after all, Liang Yingwei is the general manager of Aimeigao, and he will always have more inside information than retail investors.
When Liu Luanxiong saw Liang Yingwei out, he was suddenly a little grateful in his heart, and said: "I didn't expect Liang to help me a lot!" ”
With Liang Yingwei's reduction of holdings, Liu Luanxiong began to constantly create negative news about Aimeigao in the newspaper, and at the same time, quietly suppressed the stock price by smashing the market and quietly absorbing it.
Chen Shaohe naturally would not let him get his wish, relying on the financial resources of Shaojie Fund, no need to pay attention to skills, as long as he could buy the stock price, he would increase his holdings vigorously, and in a short period of time, he increased the equity ratio of Aimeigao to 25%. And the stock price began to soar uncontrollably to HK$1.7.
"Damn, I'm fighting with you!" Liu Luanxiong increased his holdings in grief and indignation, and when he increased his holdings to 30%, Aimeigao's share price had risen to 2 yuan.
In the first quarter, many small-cap stocks in Hong Kong were in decline.
Amyco is like a rainbow, from 0.8 Hong Kong dollars a share, quickly rebounded to 2 Hong Kong dollars a share, and even has a new high momentum, which immediately attracted the attention of countless investors.
In the newspaper, more news "Bull Market Signal, Aimeigao Equity Battle", "Shaojie Fund Gambles on the Prospect of Electric Fans, Grabs Aimeigao Controlling Shares", "Aimeigao Major Shareholder Attribution"
With the confrontation between the two major shareholders of Aimei stocks, one is Liu Luanxiong, the former major shareholder of the company, and the other is the emerging dark horse of Hong Kong investment funds.
The joint competition between the two for a small listed company, Aimeigao, is undoubtedly the reason why this company has become a star enterprise in 85 years.
Many citizens are also talking about it.
"What's so good about Amico? Even the Shaojie Fund is going crazy about it? ”
"Because, the quality of Aimeco's electric fans is very good, and Europeans import them in large quantities!"
"Of course, Aimei has good quality and saves electricity, and the Hong Kong market alone sells more than 100,000 units a year! Not to mention that the mainland market and Southeast Asian market together have a population of more than 2 billion, and the demand for electric fans will be massive! ”
"I see, Aimeco is only 2 Hong Kong dollars a share, just started, with the future production of 10 million electric fans, each earning 50 yuan to calculate, a year can earn 500 million Hong Kong dollars. Even if calculated at 10 times the price-earnings ratio, Ameco will be worth 5 billion Hong Kong dollars in the future. The target per share is 70 yuan! ”
This kind of comment that adds fuel to the fire has pushed the price of Aimeco to an unprecedented level.
Even the two of Shaojie Fund and Liu Luanxiong are difficult to control the soaring of Aimegao.
At the same time, Liu Luanxiong watches the news every day. Brainwashed by the good news, he thought: "Yes, if you can sell 10 million electric fans in the future, not to mention earning 50 yuan per fan, it is 10 yuan per unit, and it is also a profit of 100 million Hong Kong dollars a year!" It supports a market value of HK$1 billion, and now Amyco has a market value of 140 million. Lao Tzu can't be resolute and can't be swept out cheaply! ”
The more he thought about it, the more Liu Luanxiong frantically turned cash into stocks
(To be continued)