As he expected, Lin Baixin didn't give him any face. That day's trip to the Lin Mansion was a very ordinary gossip, and the most talked about was about his wedding.

During this period, Lin Xiaozhi twice vaguely mentioned to Lin Baixin the purchase of the remaining one-third of ATV shares in his hands, but it was a pity that his ninth uncle pretended to be confused and deliberately pretended not to understand.

Obviously, since he saw the huge energy of the TV station ATV, the old man is unlikely to sell it to him easily unless he encounters capital turnover problems.

Although he was disappointed, he had already eaten the ATV shares in Lin Jianming's hands, which was enough for him to complete the control of this TV station. Lin Xiaozhi is strong, and he thinks that he, the ninth uncle, will not rely on his identity to do things that bully the big and bully, and meddle in snatching the right to operate ATV. Thinking about it like this, he temporarily gave up the idea of completely buying ATV's other shares from Lin Baixin.

After returning from the Lin Mansion, the busy days returned to the past.

Lin Xiaozhiqiang City acquired the three major listed media that were not on the right path with him, and now this matter has become more and more troublesome in Hong Kong.

The day before, it was rumored that he, Lin Xiaozhi, contacted an institutional shareholder of Oriental Newspaper and was ready to buy his shares in Oriental Newspaper at a high price. The next day, it was rumored that Ma Chengkun contacted other shareholders to request a share repurchase to guarantee the Ma family's controlling stake in Oriental Newspaper.

Hu Xian, the queen of the newspaper industry on the other side of Sing Tao Newspaper, has learned from the Baibao Group that Lin Xiaozhi has indeed acquired the shares of "Sing Tao Daily" in their hands. Although annoyed, Hu Xian could not make any objection to the actions of the Baibao Group, and the reason why she sold the shares of Sing Tao Daily to Baibao Group in the first place was because of lack of money. And now, she has borrowed heavily to devote herself to the real estate industry, and her hands are still not rich. The wood has become a boat, and Hu Xian can only admit it.

The most miserable should be Ming Pao Newspaper, the new owner Yu Pinhai is now deeply involved in the two major incidents of "reputation stain" and "fraud", under Lin Xiaozhi's "hard work" publicity, he is not having a good time now.

It's just a stain on reputation, and what I did when I was in school in Canada in the 70s can be explained as being young and ignorant, and no one can guarantee that he didn't do bad things when he was young, which is nothing. However, the 'commercial fraud' exposed by ATV and Cheng Pao is a real thing.

Yu Pinhai is indeed not a good bird, not to mention that he was a white wolf with empty gloves a few years ago, and he acquired a listed company in the Philippines without spending a penny, which does involve commercial fraud. Now he has a joint venture with the mainland to set up Hubei Television Network Co., Ltd., and since the agreement was reached last year, he has made a big deal in Hong Kong to attract wealthy people to buy shares, and has also taken out many bank loans in Hong Kong and the mainland. But the benefits have been eaten in the stomach, but there has been no movement of this product.

Let's take a look at what people have done after relying on the gimmick of 'the mainland's first approved joint venture TV station' to circle hundreds of millions of dollars.

At the beginning, the white wolf acquired a listed company in the Philippines with empty gloves, Yu Pinhai was penniless, and he borrowed a large amount of money from the bank with a little cleverness. At the beginning of the year, when he contacted Jin Yong to buy Ming Pao, he also had no money, so after relying on the gimmick of cooperation with the mainland to get the money, Yu Pinhai used most of it to fill the loopholes of the two listed companies under his name.

If it's just like that, it's not a kind of left-right movement of capital, although it's not illegal. But obviously he still has money in his hands, but Yu Pinhai does not have the idea of investing a penny in a joint venture with the mainland TV station, not only does he have no recruitment and procurement plans with the mainland in Hong Kong, but he even changed the share information privately, taking advantage of the mainland's reform for more than ten years, and has not yet adapted to the dirty market economic competition, secretly turned the holding company that originally cooperated with the mainland into a leather bag company established in an overseas offshore economic zone, and drilled a legal loophole. If necessary, you can completely dissociate yourself from yourself.

After doing this, Yu Pinhai proudly took the rest of the money and invested it in another company under his name, setting up Hong Kong's first Internet Service Provider (ISP) HKNet.

It can be seen that his cooperation with the mainland has always been a gimmick made for money.

This matter is not difficult to verify, especially under the attention of the mainland government and the British government in Hong Kong, not long after the intervention of the Independent Commission Against Corruption, his series of business operations have been exposed.

“…… It is hard for us to imagine that this man, who was not considered by all circles in Hong Kong to be the future wealth leader and business tycoon half a year ago, is actually a thief and liar with dirty and despicable methods. "Cheng Pao" always paid attention to Yu Pinhai at the request of Lin Xiaozhi, and as soon as he seized the opportunity, he did not forget to fall into the well and kicked him a few times.

Hong Kong Economic Journal: "Although HSBC once again rejected the mainland's request to freeze Yu Pinhai's bank account, according to the official disclosure of the bank (HSBC), the funds in his bank account are only seven figures, which means that he really has no money." It is undeniable that since he became famous in Hong Kong's capital circles a few years ago, he has quickly built up a beautiful business empire with clever and superb capital operation methods. But this beautiful picture has just taken shape and is about to face the fate of being punctured. The business management methods of one ring after another are breathtaking, and Yu Pinhai deserves to be a good hand in Hong Kong's capital operation. Although he has repeatedly denied that his cooperation with the mainland is suspected of commercial fraud, he has faced more than a dozen shareholders seeking to recover share capital, as well as mainland banks to collect debts. A reality is in front of him, and he is in big trouble! ”

Indeed, Yu Pinhai is in big trouble.

Originally, the mainland has been very sensitive in opening up to the outside world, such as finance and media, and even mainland reformers rarely agree with opening up to foreign investment, which is an important area related to the mainland's people's livelihood, economy, and politics. The reason why Yu Pinhai was able to get the nod of Sijiucheng and approve him to jointly operate a TV station with the local government was also due to political considerations. After all, Hong Kong's return to the motherland is imminent, and the political storm in the past few years has caused disunity between the people of the two places, and in the face of the retrogression of reform criticized by many Hong Kong people, the mainland has successively approved the establishment of Beijing Film Co., Ltd., the introduction of Hong Kong films, or the approval of a Hong Kong-funded media outlet in the past year.

Originally, if this matter had been done well, perhaps the mainland would have seen the benefits of reform, and perhaps it would have further opened up to foreign investment and cooperated and exchanged with the mainland media. But the mainland obviously chose a wrong partner to cooperate with, and it was exposed that Yu Pinhai deceived the mainland. As soon as this incident was poked out by Lin Xiaozhi, it was soon told by the mainland intellectuals who were always staring at Hong Kong, and it also caused a lot of sensation in Sijiu City. Many years ago, the top executives who agreed to introduce a Hong Kong-funded trial media field have been affected, and I heard that there is also a retiring father who has done an internal review.

The reaction of Sijiucheng was quickly transmitted to Hong Kong, and at a time when the turmoil of the political storm had not completely dissipated, and whether to continue to deepen reform or completely deny the two voices was fighting each other, Yu Pinhai's actions allowed the mainland to strengthen its own review of foreign investment fraud while also fighting back on the Hong Kong side.

Zhou Zhou, director of the Hong Kong branch of Xinhua News Agency, was very angry in an interview with Ta Kung Pao: "...... Since the beginning of reform and opening up, the mainland has given numerous policies and resources to the introduction of compatriots from Hong Kong, Macao, and Taiwan, as well as foreign investment. We do not deny that we have won the friendship of many friends through our efforts, but we must not ignore certain treacherous businessmen who take advantage of various defects such as the incompleteness of the mainland law to exploit legal loopholes and inflict heavy harm on the mainland compatriots. According to various investigations in the past week, Mr. Yu Pinhai has major business integrity problems in the issue of cooperating with us in mainland China and establishing Hubei Television Network Co., Ltd. as a joint venture, so we have to temporarily suspend all previous cooperation with him while being angry and regretful. At the same time, we also ask the Hong Kong government to cooperate with us as soon as possible to recover those mainland bank loans that have been defrauded! ”

In order to assert its sovereignty over Hong Kong, the mainland has not established a consulate in Hong Kong like other countries since the founding of New China, and still follows the practice of wartime by setting up the Hong Kong branch of the Xinhua News Agency to represent the voice of the mainland in Hong Kong. Therefore, President Zhou's words are also recognized as the will of the mainland. This undoubtedly gave Yu Pinhai, who was already anxious, a heavy blow and beat him hard.

At this time, after Lin Xiaozhi's absorption in recent months, there is basically no Ming Pao's shares in circulation on the market. Except for a small number of shareholders who saw the opportunity for Lin Xiaozhi to invest in Mingbao and decided to hold shares and wait for a higher bid, more than ninety percent of the outstanding shares have all fallen into the hands of Lin Xiaozhi. After he applied to convene a general meeting of Ming Pao shareholders and received no response, he submitted an application to the Hong Kong Stock Exchange as a major shareholder to suspend trading for one day, and at the same time requested the issuance of an additional 100 million Ming Pao shares on the pretext of insufficient outstanding shares.

The Hong Kong Stock Exchange quickly responded by approving the suspension of trading in Ming Pao. But his request for an additional 100 million shares of Ming Pao did not get a response from the three major shareholders of Jin, Shen and Yu, because the three of them knew very well that the additional issuance of shares meant that the shares in their hands would be diluted, and if they were left in normal times, it would be fine, but now Lin Xiaozhi is holding the funds to Mingbao eyeing it, once the shares are issued, the three of them will inevitably not be able to compete with him, and he will definitely take away the right to operate Mingbao.

However, it is also an indisputable fact that Ming Pao has insufficient circulating shares, and after the one-day suspension, Ming Pao is still facing a scene where there are no stocks to trade and buy and sell again. If this situation does not change for a long time, the Hong Kong Stock Exchange will inevitably issue a warning or even threaten to suspend trading.

After hoping to meet with Lin Xiaozhi in person, Jin and Shen had to stand up and put 10 million and 5 million shares of Ming Pao shares into circulation in the market, in order to avoid Ming Pao being delisted.

It's a pity that after this stock entered the market, it took only two days for Lin Xiaozhi to absorb it, which helped him increase his holdings of Ming Pao to 23. 7%。

At the same time, Lin Xiaozhi once again applied for the convening of the board of directors, and at the meeting, he strongly demanded the removal of Pinhai as the vice chairman of the board of directors of Ming Pao. Under his active public relations, the Hong Kong Stock Exchange quickly approved his application for another suspension of trading, and this time the suspension of Ming Pao was no longer just one day, but an embarrassing three days.

In Hong Kong, except for a stock that has been reduced to a shell and is acquired by other groups to prepare for re-listing, which requires a period of suspension for a period of time for asset verification and stock information change, and will be suspended for a period of time, few listed companies will face a three-day suspension or a continuous suspension of trading.

In the face of his aggressive strength, proud as Jin Yong also had to admit with a wry smile when chatting with his old friend Ni Crazy: "I chose Yu Pinhai when I looked away, I originally thought that he could take Ming Pao to become stronger, but now I look at Ming Pao but he is implicated!" ”

He is a decent man and gentleman, and rarely gossips behind people's backs. However, now he said this bluntly in front of his old friends, which shows that he is very dissatisfied with Pinhai in his heart.

Facing the pressing of the great enemy Lin Xiaozhi step by step, Yu Pinhai was both angry and embarrassed. After it was revealed that he was deeply involved in commercial fraud, unless he chose to give up everything in Hong Kong and leave, and never return to Hong Kong to develop in the future, he could not run away without paying his debts. In the face of debt collection from all walks of life, Yu Pinhai finally tasted the bitter fruits of his capital operation at this time. Relying on the means of swapping the left and right hands of the empty glove white wolf with capital, he has created a huge business empire in the shortest possible time. But because of this, his capital chain is very tight, and if there is a problem in one link, he may encounter the danger of collapse.

Now his reputation has been tarnished, and the banks and rich people who used to surround him and want to lend him money have become vicious debt collectors. After losing access to financing, the only way for him to get a large amount of money in a short period of time to fill all kinds of loopholes and prevent himself from being sent to prison is to sell his property. He now holds nearly 35% of Ming Pao's shares, which is undoubtedly one of the most valuable assets, but at this time, in the face of Lin Xiaozhi's continuous pressure, he still has to take out money from his pocket, which is no longer much to fight with him, and the capital acquisition has prevented him from losing his controlling stake in Ming Pao, and where can he get enough to sell it.

But if he doesn't sell it, he will probably be sent to prison by the debt collectors when he has no money.

After experiencing overwhelming accusations and pressure from the outside world after Ming Pao's third suspension, he had to announce his resignation as vice chairman of the board of directors and president of Ming Pao Newspaper Group.

After making this choice, although he was full of anger and resentment towards Lin Xiaozhi, who had harmed him so badly, he was as smart as he also knew, and now it was Lin Xiaozhi who could change his current unfavorable situation. After being temporarily detained by the Hong Kong government and restricted from leaving the country, he finally made a choice and took the initiative to call Lin Xiaozhi......