Because stocks were not cash, they were just a jumping number. This method was equivalent to using a string of numbers to exchange for the real money in the hands of the shareholders.
"No wonder Jardine was able to lend 1.5 billion Hong Kong dollars to Changshi. President Newwall, I know what to do now!”
With the 1.5 billion Hong Kong dollars loan from Jardine Matisse, Li Jiacheng regrouped. He and Niu Bijian also made an announcement like Qin Yu:
"Changshi Group has received a loan of 1.5 billion Hong Kong dollars from Jardine Matisse and will vigorously purchase Hughuang's shares.”
After Li Jiacheng's news was released, it simply added fuel to the fire. Before the closing of the day, the share price of Huangzhou soared from 14.5 Hong Kong dollars to 17 Hong Kong dollars.
Newwall also introduced the stock exchange game.
At this moment, the Xiangjiang stockholders went completely crazy. Previously, the stock price of Wharf soared, and now, the stock price of Hehuang's acquisition soared.
Zhongyu Financial Group, Changshi Group, and Global Group personally started to divide the British-funded industries. The British had been operating in Xiangjiang for more than 100 years, but now it had fallen apart.
When Qin Yu heard that Li Jiacheng had joined the battle with Jardine, he immediately met Bao Yugang.
"Superman Qin, you're building a plank road in the open but secretly taking control of Hehuang. This move is really amazing!”
Bao Yugang sighed when he saw Qin Yu.
Previously, when he took over the shares of Wharf, he thought that Qin Yu could not withstand the pressure of Jardine Matisse.
Only now did he understand that Qin Yu, the sixth brother, had taken a fancy to Hutton Whampoa!
The speed at which Qin Yu purchased Hehuang could simply be described as being as fast as lightning.
While everyone's attention was still on Nine Wharf, he had already taken control of Hehuang.
"Sir Bao, I'm meeting you this time to help the Global Group control Wharf.”
Qin Yu began to bluff again.
Speaking of which, Sir Bao had been beaten up by Newwall recently.
Jardine was indeed the largest British-funded consortium in Xiangjiang City. Although it had declined over the years, it had a lot of resources.
It had been a long time since he took over Wharf, but Sir Bao and Newwall were still in a tug-of-war. Global Group's holding could not reach 51%.
Now, he would come up with an idea to help him.
Bao Yugang's ears perked up when he heard this."Mr. Qin, how can you help me? The stock price of Wharf has risen to 77 Hong Kong dollars, and the holding of Global Corporation has only reached 40%.”
"Moreover, Newbiken has introduced the stock exchange method. He wants to take down Wharf in one go.”
After Bao Yugang finished speaking, the people around him could not help but look worried.
He had already spent more than a billion Hong Kong dollars to buy 30% of Wharf's shares, and now he had to face the stock exchange game of Newwall.
Everyone was afraid that the Global Corporation would lose the battle at Wharf, and the funds they had invested would go down the drain.
Everyone's expressions were worried, while Qin Yu was overjoyed in his heart.
Global Corporation and Jardine Matisse should have a similar proportion of shares, so the 5 million shares he had in his hands were particularly crucial!
"Sir Bao, I suggest you raise the purchase price and use the assets of the Global Corporation as collateral. Then, you can exchange cash for stocks. This method will definitely be able to take down Wharf!”
Qin Yu wanted to make the war even more intense. Li Jiacheng had 1.5 billion Hong Kong dollars in cash flow, so Jardine's cash flow reserves were in danger.
If Bao Yugang launched another attack, Niu Bijian would definitely withdraw his investment midway. At that time, Changshi would definitely be in trouble!
Hearing Qin Yu's words, Bao Yugang and the others were stunned.
Buying stocks with cash was indeed very confusing, especially when compared to Jardine's stock exchange game. This was simply a blow to the dimension.
Qin Yu's idea was really good. If Global Corporation could exchange cash for stocks, they could decide the winner in a short period of time and avoid a long-term tug-of-war.
Guangzheng Wu looked at Yugang Bao and said that the plan was feasible, but there was still a problem.
"Using cash to buy Wharf's shares is indeed a good idea. Qin Sheng, what price do you think we should offer?”
Wu Guangzheng was giving Qin Yu a difficult problem. Global Corporation would lose money if they offered a high price, and the shareholders would not be interested if they offered a low price. If things went wrong, Niu Bijian might even ridicule them. At that time, they would lose both their wife and their soldiers.
Now that Qin Yu was here, wouldn't it be better to leave the problem to him to solve?
Bao Yugang also looked at Qin Yu with a questioning gaze. He also wanted to hear the specific operation method.
Qin Yu gave Bao Yugang this stupid idea because he wanted to sell the 5 million shares in his hands. Previously, he was worried that he would cause Bao Yugang's family to be disgusted when he sold the shares at a high price.
Who knew that these smart people would actually take the initiative to let him bid. Then, Qin Yu would not have any psychological burden when he sold the shares later.
Anyway, it was Bao Yugang who took the initiative to make him bid. No matter the price was high or low, he had to pinch his nose and take the 5 million shares of Global Corporation.
They might even thank him for selling the shares to the Global Corporation!
"Sir Bao, the stock price of Land is 100. I suggest that Global Group bid 105 Hong Kong dollars. As long as we can guarantee the cash exchange of 105 Hong Kong dollars, the Wharf war will end in the shortest time possible!”
"Of course, if Global Corporation is unable to acquire Wharf in the end, then Zhongyu Corporation will use 105 Hong Kong dollars to purchase all of Wharf's shares held by Global Corporation!”
Qin Yu was backing Bao Yugang up. Anyway, Old Bao, you can do it boldly. If anything goes wrong, I'll be responsible!
Sure enough, Bao Yugang's interest was greatly increased after hearing this. Qin Yu was willing to take care of everything. No matter how much trouble the Global Corporation had to go through, it would not be a loss.
"Qin Sheng, it's settled then!”
"Ah Zheng, release the news of purchasing stocks with cash immediately and let the shareholders of Xiangjiang City know about it in the shortest time possible!”
Wu Guangzheng nodded and turned to leave.
Qin Yu looked at Wu Guangzheng's back as he left. He thought to himself that a good show was about to begin!
Global Corporation quickly released the news of the exchange of cash for stocks, and the four major exchanges were in an uproar that day.
The shareholders rushed to buy Wharf's shares with red eyes, and those who had participated in the exchange of shares were even more regretful.
This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]