Chapter 588: Rumors are flying all over the sky

Although Hui's Group has only been developed for a few years from scratch, it has already left a very deep impression in the minds of Hong Kong people. Whether it is free newspapers, cheap goods, luxury cinemas, wonderful movies, beautiful music, high-quality idols, popular stars have deeply influenced people's lives.

Hui's has only developed from scratch for a few years, and its market value has surpassed that of old British-funded foreign firms such as Wheelock and Wharf, and it also holds a considerable part of the shares of Hutchison Whampoa.

Hong Kong people will say, "Hong Kong is a place of miracles", there is no shortage of penniless poor boys to grow into rich precedents, but the rise of the Xu family is as fast as the whole of Hong Kong is still unique.

The inspirational story of the Xu family, especially Xu Guanwu, has long been spread all over the streets and alleys of Hong Kong, and has been worshiped by countless people as the God of Wealth.

But now the head of the Xu's Group said that if you don't play, you won't play, and you will retire if you retire, and when you hear the news, the stock of Xu's supermarket fell in response, and soon dropped from the previous 12 yuan per share to 8 yuan per share in one day, a drop of more than 30%. Hong Kong's stock market also fell in response, with the Hang Seng Index falling 500 points on the same day, or 5 percent.

There is speculation about why Xu Guanwu retired, and there is speculation that there is infighting in the Xu family, and Xu Guanwu was held by several brothers, so he had to give up the position of head; There is speculation that Xu Guanwu is romantic. Infected with an unknown strange disease. Zhilu said that his life was short. That's why he chose to abdicate early to make way for Xian; It is also said that Xu Guanwu's wife in the two rooms made too much trouble, and Xu Guanwu was frequently injured and decided to retire and prepare to return to the mountains and forests one day; It is also said that Xu Guanwu has a close relationship with the mainland, and has received rumors that the northern side of the road will soon take back Hong Kong, so he wants to gradually transfer his capital overseas......

All kinds of speculation and hustle and bustle, all kinds of gossip, rumors and scandals are flying all over the sky. There are irresponsible tabloids that also extract the most widely circulated rumors, and then after a little artistic processing. Attached to the specious so-called "evidence", it became a special feature of "Xu Guanwu's Retirement Big Insider", and it is said that the sales are still very good.

What is surprising is that although rumors are flying all over the sky, the stock price of Xu's supermarket has continued to fall, but Xu's Group has always been silent, and there has not even been an announcement to clarify the truth. Their silent performance was immediately regarded as a tacit acquiescence, "If it weren't for the ghost in my heart, why didn't I explain it clearly, it was clear that there was Xiang on my body and I couldn't wipe it clean."

Affected by this, the rumors in the market have become more and more absurd, and it is almost possible to publish a book "What is 100,000 for What". The share price of Xu's supermarket has also fallen all the way. Let the small and medium-sized shareholders complain. At the beginning, I originally trusted Xu Guanwu's investment vision, so everyone rushed to buy Xu's supermarket stocks. It has multiplied more than 20 times in a year from only a few cents, and it is known as the god stock of the gods. But he didn't expect Xu Guanwu to withdraw without even saying hello, which suddenly made small and medium-sized shareholders lose hope.

It's just that when small and medium-sized shareholders began to frantically sell the shares of Xu's supermarket, many institutions began to quietly absorb this stock. One of them is naturally Xu Guanwu, and the other few can't find out their origin.

The reason why Xu Guanwu let rumors fly all over the sky and let the shares of Xu's supermarket fall all the way is to buy back the shares issued before. The outside world now has more than 70% of Xu's shares (and then there were two rights issues to raise funds), and the shares controlled by Xu's Group are only 10%, if it weren't for Xu Guanwu's hands and 20%, the company would have been someone else's. So in order to consolidate his control over Xu's supermarket, Xu Guanwu had to buy back a large number of shares. Now that the stock price is hovering around $5 per share, it's time to buy the bottom.

It's just that Xu Guanwu didn't expect that there were other institutions that were also interested in Xu's supermarket, and while he was buying the bottom to absorb stocks, he also found that many institutions were also competing with Xu Guanwu, and it seemed that they wanted to compete for a controlling stake in Xu's supermarket. Fortunately, these major institutions were quietly absorbed, and there was no fanfare and direct swallowing, so they did not attract the attention of the market for a while, otherwise the market would rise when they heard the news, and Xu Guanwu would inevitably have to spend hundreds of millions of Hong Kong dollars more.

……

Just after Xu Guanwu announced his retirement, HSBC, Hutchison Whampoa, Cheung Kong Industrial, Hopewell Real Estate, Henderson Land and other close business partners of Xu Guanwu also called to inquire about the matter. After all, the change of head of the Xu Group has a great impact on them. In particular, several companies such as Hutchison Whampoa, Cheung Kong Industrial, Hopewell Real Estate, and Henderson Development are particularly nervous, because Xu Guanwu has a large number of their stocks in his hands, and he doesn't know what to do with his retired stocks? If not handled properly, these companies will face extinction. After all, with Xu Guanwu's shareholdings, he can completely influence the overall situation of the company. If the non-trustees mess around with voting rights, these companies are likely to go bankrupt and go bankrupt.

Xu Guanwu knew the reason for their call, and there was nothing he could say about the reason for his retirement, and it was just another plan to keep silent outside. So he explained to them on the phone why he did this, and heard that Xu Guanwu didn't really ignore everything, but just wanted to spend more time in the United States to take care of business, and these people expressed their understanding and support.

In the past two years, Hong Kong real estate developers have also begun to develop outward, such as Malaysia, Singapore and other Nanyang countries, as far away as Canada, the United Kingdom and other Commonwealth countries, all of which are the main direction of Hong Kong businessmen's development. Because now that the economy is recovering, the real estate market in various places has begun to develop, especially these countries are Commonwealth countries, and the laws and human feelings are basically similar, so it is most suitable for Hong Kong real estate developers to develop.

And Xu Guanwu has his own industry in the United States, and they have long known it. Although I don't know how big the scale is, just looking at the movies invested by Xu Guanwu every year and earning hundreds of millions of dollars at the super high box office, we know that the scale of the industry in the United States must be not small, even larger than the Hui Group in Hong Kong. And Xu Guanwu put aside the mature Xu Group. Turning to the practice of developing American industry. It's what they've been doing all along. And there is nothing debatable.

Lee Ka-shing was previously the chairman of Cheung Kong Holdings, and after the acquisition of Hutchison Whampoa, he has now focused on Hutchison Whampoa, while Cheung Kong has handed over to his most trusted right and left hands. Otherwise, the overlapping work of the two listed companies will not be able to be completed even if he is separated from him to work 24 hours a day.

……

After stabilizing a group of business partners, Xu Guanwu began to live a leisurely life as a family man, not teasing children and coaxing his wife every day. It's just watching TV and reading books, and life is relaxed and comfortable.

And just when he was enjoying his family, the Xu Group was carrying out cleaning activities. After Xu Guanwu resigned, those who spread rumors and rumors within the company to disturb the people's hearts were dismissed. Those who lack ability will be dismissed. Those who embezzle public funds or use public weapons for private purposes will be dismissed. ……

The so-called new personnel and new style, when Xu Guanwu was the head of Xu's Group before. Because it is a policy of appeasement that turns a blind eye is adopted, as it was with Richard and David. knew that the two of them would make black money, but as long as the movie was made well, Xu Guanwu would not pursue it. In this way, many people naturally have a thief's heart, and silverfish have appeared in many fields such as props, costumes, and procurement.

It's just that when he reported to Xu Guanwu in the past, Xu Guanwu did not give a very serious punishment after considering it at his discretion, after all, many of them were veterans who grew up with the company. It is not entirely estimated that the money that has been corrupted and wasted by these silverfish over the years has reached hundreds of millions of Hong Kong dollars, which is very staggering.

If it had been transferred to another company, it would have collapsed a long time ago, just because Xu's has grown faster over the years, so this loss is nothing, just a disease of scabies. But now that the Xu Group has changed its leader, it immediately took these silverfish and fired more than 40 middle and high-level employees within a week, and several of them were almost selected as candidates for the seven-person team.

Such a large-scale and high-intensity cleaning work also caused a chilling effect within Xu's family, and for a time the company took on a new look, showing a completely different momentum from the period when Xu Guanwu was in charge. The seven-member group also established its authority and became the head of the Xu's Group.

……

Just when the purge was at its peak, Xu Guanwu's war with other institutions to buy Xu's supermarkets also entered a white-hot stage. At this time, Xu Guanwu had already grabbed five percent of the stocks in his hands, plus the two percent in his previous hands, and Xu's supermarket's own one percent, he already had four or five percent of the stocks, but Xu Guanwu still felt a little dissatisfied. Because he originally wanted to buy back more than 50% of the shares, so that not only could he firmly hold Hui's supermarket in his hands, but also the income from the Hong Kong real estate market in the future was also the largest part of his own.

Unexpectedly, because of the rush purchase by other institutions, his plan was broken, and now the original acquisition plan has only been carried out by less than one-third. At present, only 20% of the shares in the market are still in circulation.

Moreover, the phenomenon of Xu's supermarket stocks only buying but not selling has also attracted people's attention, and many people know that there are large institutions in the bottom of the road, so the stocks in their hands have also begun to cover up and not sell, so that Xu Guanwu's next acquisition action has been in vain. In view of this, Xu Guanwu had no choice but to suggest that Xu Zhudi make an announcement, announcing that Xu's supermarket would buy back some shares at a price of seven yuan per share, pulling up the shares of Xu's supermarket, which is now in the doldrums.

The stock of Xu's supermarket rose in response, and it had risen to seven yuan and a half per share within a day. If you want to continue the acquisition at this time, it will be at least 50 million Hong Kong dollars more than the previous budget. Although there are many rich people in Hong Kong, there are not many people who have thousands of Hong Kong dollars in cash. Li Ka-shing controls a company as large as Hutchison Whampoa, with a market value of more than US$1 billion, and a liquidity of only a few tens of millions of Hong Kong dollars.

Wall Street jokes that the poor are only left with stocks, which refers to this matter. It's one thing to be worth hundreds of millions of dollars, but sometimes the cash that can be mobilized is less than a million dollars.

Hui's supermarket finally repurchased 10% of the shares for 100 million Hong Kong dollars, so that the shares in his hands exceeded 50%, and he achieved absolute control. Seeing this situation, several other institutions that secretly acquired stocks also took advantage of the situation to sell their own stocks. Although they did not complete the acquisition of Xu's supermarket, they also made a lot of money by buying the bottom and selling it at a high price.

After they sold off their shares, Xu's Supermarket also announced the end of the buyback. The original big dealers retreated, and Xu's supermarket stopped buying, which suddenly caused the stock price to fall back to about five yuan again. made a group of shareholders who had previously covered and refused to sell complain again, and Xu Guanwu began to buy the bottom at this time, so that the stocks in his hands reached more than forty percent again. (To be continued......)