Chapter 547
On the morning of the second day of New Year, Chen Li and Zheng Bingyang flew to Shangdu to meet Luo Rongmin, Zhang Haoran and others to explain clearly what he and Zheng Bingyang were dating.
By chance, Luo Rongmin went to Beijing to attend an economic conference on New Year's Day.
He was afraid of disturbing some people before, so now he didn't even have to ask for excuses, so Luo Rongmin set off one day in advance. Accompanied by Chen Li and Zheng Bingyang, he rushed to Beijing to meet Zheng Cong and Zheng Xingguo, the old man of the Zheng family, and had a talk with the old man for several hours.
At that time, Zheng Wenyuan and Zhou Li also accompanied Zheng Suxin and Lu Chuanxue to Beijing to meet together.
This time we met, we had a great time. Chen Li also met with his father, who had already retired to the China Society for Social Economic and Cultural Exchange, Zheng Bingyang, Zheng Wenyuan and others.
Zheng Bingyang's parents had a bad relationship. When her mother died of illness, her father did not come back from abroad, which made Zheng Bingyang and her brother and their father always very distant and indifferent.
Their father soon formed a new family, Zheng Bingyang, Zheng Wenyuan and their father had almost no contact with each other; Zheng Bingyang also grew up at the house of his second aunt Zheng Suxin.
The relationship is alienated, but this time, we have to meet each other anyway. However, we only meet each other. After the New Year's Day holiday, Chen Li took Zheng Bingyang back to Pujiang.
On the first trading day after the New Year's Day holiday, Wanbang Real Estate and Xinrui City both suspended trading, and announced that the two sides had major cooperation matters were underway to be announced.
At the same time, Yangzhou Investment and Chaoying Investment also issued an announcement through Wanbang Real Estate, claiming that they intend to transfer their 2% shares of Wanbang Real Estate to another Dashang Capital, which has not had several operations in the securities market, for a long time.
Wanbang Real Estate and Xinrui City will only resume transactions after forming a specific project equity acquisition draft that can be submitted to the board of directors and shareholders' meeting for deliberation. Therefore, such a big news has no impact on Wanbang Real Estate for the time being, but the stock price of Nanhua Real Estate opened significantly lower in the early trading.
Even though Wanbang Real Estate did not announce the specific cooperation with Xinrui City, the two parties suspended trading at the same time, which means Xinrui City officially participated in this equity dispute.
In 2009, Xinrui City's annual net profit was the same as Wanbang Real Estate, but its operating income was only half of Wanbang Real Estate. In other words, the capital strength of Xinrui City and related parties is not necessarily much stronger than Wanbang Real Estate and the controller behind Nanhua Real Estate. However, before the two parties had competed for the equity and control of Wanbang Real Estate for nearly half a year and the funds were consumed by both parties, Xinrui City, as a new force, can play a role that can be played by Xinrui City as a new force.
In order to increase its 22% stake in Wanbang Real Estate, Xiang Qiang has used 31 billion yuan of funds. Although the current market value of this part of the shares is 44 billion yuan, Xiang Qiang's shares still have a huge floating profit of 13 billion yuan, which looks extremely terrifying in the eyes of ordinary people, but it is meaningless to not be realized for a day.
First of all, Xiang Qiang's shareholding cannot be reversed for six months, and no one knows what changes will happen in the overall securities market environment within six months.
Besides, after the six-month limit period, it is definitely not easy for Xiang Qiang to reduce such a huge amount of stocks.
Currently, Wanbang Real Estate is fluctuating at a high level, with a daily trading volume of between 10 and 1.5 billion, which means that other institutions are not for sale. The large and small purchase orders pouring in every day are placed on Xiang Qiang to reduce their holdings. It will take nearly 30 working days before Xiang Qiang can clear out his holdings.
This also means that the moment when Xiangqiang announced the reduction of holdings, it will lead to the stock price falling "huh", and the floating profit may fall clean within three or four days.
In the eyes of other investment institutions, the cooperation between Xinrui City and Wanbang Real Estate will completely disrupt the wishful thinking of controlling Wanbang Real Estate by re-electing the board of directors.
Even if he is a strategic investment, he can't get a controlling stake, but the problem is that the funds used by Xiang Qiang are not the ones he has used for a long time.
Institutional investors have difficulty in judging the subsequent stock price trend of Wanbang Real Estate. After all, they don’t know what the specific cooperation between Xinrui City and Wanbang Real Estate is. They don’t know whether Xinrui City will directly participate as a strategic partner and will hold shares in Wanbang Real Estate in large quantities. These have a great impact on Wanbang Real Estate’s stock price.
However, one thing is certain, that is, the wishful thinking of fighting for control of Wanbang Real Estate will soon be shattered.
Before this, Xiang Qiang borrowed huge amounts of funds from financial institutions, although there were great structural risks, as long as he could successfully gain control of Wanbang Real Estate, Wanbang Real Estate was under his control and Nanhua Real Estate was under his control, there would inevitably be enough means to resolve the risks.
Once Xiang Qiang's wishful thinking is frustrated, it means that the risks in it will not only not be released or resolved, but will even increase a lot at once.
Some speculators and retail investors who follow the trend and speculation, as long as they understand the truth, withdraw from Nanhua Real Estate's stock is an inevitable choice.
Chen Li returned to Pufeng Building in the morning and handled the accumulated things at hand. After lunch, he took the bus to Jinchen International Plaza to see how Huang Chaocheng, Xu Yuanzhou and others actually tried to make trouble with the stock price of Nanhua Real Estate.
From the big screen, you can see that Nanhua Real Estate lost five points in the morning after opening five minutes. Then the funds reacted and supported the stock price. By the afternoon, the panic had almost been digested, and the stock price of Nanhua Real Estate began to rise slowly.
Since Wanbang Real Estate has to wait until the transaction ends that day before obtaining the details of shareholder changes from the stock exchange, Chen Li and the others did not know whether Xiang Qiang was secretly buying behind the scenes or whether Zhao Yuan and Lu Wenbing took the opportunity to absorb the chips of Nanhua Real Estate.
The market closed at three o'clock, and Nanhua Real Estate closed at two points, but the situation was not too ugly.
Xu Yuanzhou and Huang Chaocheng all answered phone calls today, and many people came to find out what cooperation plans Xinruicheng and Wanbang Real Estate have.
Institutional investors and hot money in the securities market over the years, large and small, have no direct channels to find Wanbang Real Estate, Xinrui City, and Dashang Capital to find news. However, Xu Yuanzhou and Huang Chaocheng are insiders, and the transfer of part of the shares of Wanbang Real Estate they hold to Dashang Capital is an important part of this cooperation. Those who care about this matter naturally find Xu Yuanzhou and Huang Chaocheng to find news.
Chen Li thought that the stock price of Nanhua Real Estate was so high, and the risks accumulated should not be that great. At this time, there should be no more private equity funds, and hot money will participate. However, judging from Xu Yuanzhou and Huang Chaocheng's calls for help, he obviously underestimated the blood-lifting nature of domestic hot money and public equity funds.
By four o'clock, Wanbang Real Estate received the recent changes in shareholders of the circulating shares from the stock exchange and also faxed it. Chen Li and his team could see that Huayuan Investment and Yuyuan Investment under Zhao Yuan's name were the main forces for increasing their holdings today.
"Zhao Yuan should take practical actions and inspire Xiang Qiang to take it with us!" After seeing the details of the changes of shareholders of Wanbang Real Estate circulating shares today, Chen Li sat on the boss's chair behind the desk, hugged the back of his head and smiled.
At the opening the next morning, Huang Chaocheng sold out all the 100 million chips that he had absorbed when the stock price of Nanhua Real Estate fell to a low level yesterday, driving a batch of floating chips, and once again fell below six points in 15 minutes. Chen Li bought a portion of Nanhua Real Estate's stocks at this time, bringing Nanhua Real Estate's stock price back to four points. See what Zhao Yuan and the others react today.
In the next half month, Wanbang Real Estate and Xinrui City continued to suspend trading. Huang Chaocheng used this method of continuous rolling and fighting, and combined with negative news, to regain the market value of Nanhua Real Estate back to 170 billion yuan, and the stock price fell back to about nine yuan per share and fluctuated.
A large number of floating funds fled. In order to maintain the stock price, Huayuan Investment's holdings in Nanhua Real Estate increased to 23%, while Yuyuan Investment's holdings in Nanhua Real Estate increased to 7%. In addition, Yinghai Investment, controlled by Lu Wenbing, also increased its holdings in Nanhua Real Estate's stock by 3%...
Xiang Qiuning made a special trip to Guangcheng twice during this period, but he still didn't see Xiang Qiang for the first time. When Xiang Qiuning returned to Guangcheng for the second time, Chen Li accompanied Zheng Bingyang back to Hong Kong and rushed from Hong Kong to Guangcheng to meet Xiang Qiuning.
"He still doesn't believe in Zhao Yuan, Lu Wenbing set up a condom." Sitting in the cafe, Xiang Qiuning melancholy stirred the fragrant coffee in the cup, and said to Chen Li about the meeting with Xiang Qiang in the afternoon.
Chapter completed!