Chapter 573 Setting up a trap
Chapter 573 Setting up a trap
Lin Jianyue walked to the hotel gate, got into a Rolls-Royce, and nodded to the middle-aged man who was leaning on the sofa with his legs crossed, "Uncle Qing, Yin Zhaotang didn't agree."
Li Fuqing pondered over the ring with an unhappy look on his face, and said, "It's okay. All the cash of Mr. Yin has been invested in the trading square project, and he has also been buying China Power shares for a long time."
"This has aroused the Kadoorie family's vigilance. The last time 400,000 people took to the streets to march was just an appetizer. There are bigger dishes to come."
Peter Lam nodded slightly, took out a cigar and toasted it to Uncle Qing.
After Li & Fung Group entered the real estate industry, it is at most in the third tier. To acquire land in the mainland, it has to look up to the country bumpkins, and to acquire land in Hong Kong Island, it needs the approval of big capital.
The "textile industry", which was originally the cash cow of the group, has completely weakened, and the garment business only has a small market share in Southeast Asia. Although Li Xin took the initiative to sell it, Young Master Yue already hates Yin in his heart.
It is true that the Lin family is still a billionaire family, but it has lost its monopoly position as an industry leader and has been replaced by Pegasus sneakers. Its status in the business world has truly plummeted.
After sending Peter Lam to his company in Causeway Bay, the Rolls-Royce drove into the "China Bank" building on Queen's Road Central.
This 22-year-old building has undergone two renovations. It has a total of 73 floors and was purchased by Hutchison Whampoa in . It now serves as the office headquarters of the owner, Cheung Kong Group.
In the elevator hall, on the building sign, the 2F location still says "Far East Exchange"
Li Fuqing, along with a driver and two bodyguards, took the elevator to the second floor. In 201, a -square-foot office building, he built a business from scratch, from brokers to more than stock brokers, from the first order of yuan to a monthly turnover of million yuan. The most glorious years of the Far East Club were in the Chinese Bank.
After the "four associations merged into one", the Far East Club took control of the overall situation in the Hong Kong Stock Exchange. The four partners, Li Fuzhao, Li Fuqing, Wang Qiming and Hu Baixi, all had separate offices in the trading building.
But people still often gather at the China Bank. Except for Room 201 which is equipped with computers, whiteboards and filing cabinets, all other rooms are connected and decorated into a private club with a restaurant, guest rooms, sauna and chess and card room.
The Shunde cuisine chef "Liang Tang" is the Far East Club's exclusive chef, and the Cantonese cuisine chefs "Zheng Jinfu" and "Liang Huixiong" often show up to help.
Li Fuqing passed by the kitchen and greeted Liang Tang who was busy, "Master Liang, are you busy again?"
Liang Tang, wearing a chef's hat and a chef's skirt, said with a smile, "Brother Zhao said that the dishes at your wedding banquet will be too oily, so I'll make you a bowl of bird's nest to cleanse your mouth."
Li Fuqing smiled and said, "Thank you, Master Liang."
“You’re welcome, Brother Qing.” Liang Tang smiled and stared at the fire, very gracefully.
The wedding banquet at the Peninsula Hotel costs more than 1,000 yuan per table, which is very high-end for ordinary citizens. But for the wealthy who are used to eating private dishes prepared by famous chefs, it is a bit tasteless. Every time they attend a banquet, they basically come back hungry.
At this time, the boss of Far Eastern Investment, Chairman of the Hong Kong Stock Exchange, Li Fook-sz, was wearing a white shirt and sitting alone at a large round table in the restaurant. When he saw Li Zhaofu come in, he said, "Boss, you're back. How was the talk?"
"The deal didn't go through." Li Fuqing shook his head, sat down at the table, asked the waiter to bring a pair of chopsticks, and started eating Li Fuzhao's dishes.
The two were brothers. Li Fuqing was the elder brother and the face of the Far East Club. Li Fuzhao was the younger brother, but he was outstanding and held real power. Li Fuzhao frowned, put down the spoon, and suddenly smiled: "It's normal that we can't reach an agreement. They are used to being big and how can they be small in the Far East Club?"
“But letting him mess things up every day will cause great losses to the club. This is not a solution.” Li Fuqing said in a serious tone with a hint of fear.
The Zhongyitang sovereign fund plus the money of the "Ho family" have stirred up trouble in the Hong Kong stock market, causing them to earn much less.
Neither surrender nor military action worked.
You have to know that the stock market cannot make money. When some people make money, others lose money. The more people who share the money, the less money they get.
Starting with "Nengda Technology", Yin Zhaotang has attacked the Far East Club several times. Although Liu Jianxiong later came forward to negotiate peace, there were several stocks that were not operated by Liu Jianxiong and were also attacked by Shenxiantang. In the past, the people who had the final say in the stock market were the foreigners, but now they are the ones who have the final say in the stock market. If they dare to rob the Far East Club of money, wouldn't it be like snatching food from the tiger's mouth?
Yin Zhaotang already felt that he had offended someone, but he couldn't always be on good terms with others. The risk of the stock market is not only in the ups and downs, but also in the boss behind the scenes. Some people have guns and backers, but they still don't dare to enter the stock market. They are too timid. Since they dare to go to the stock market to rob money, it is normal for people to target them.
The Far East Club did not directly call for the gunmen to be physically eliminated, which was already a great respect for him. Li Qingzhao peeled a shrimp, swallowed the shrimp meat, threw away the shell, and said, "He has been buying CLP shares for a long time, and he definitely intends to acquire CLP. Last time, he deliberately sent people out to the streets to smash CLP's stock price by 15% in three days. The man surnamed Yin was actually trapped, and he only bought a small amount of 5 million shares. He didn't have confidence in CLP, but in himself!"
Li Fuzhao nodded slightly, thinking that his younger brother's analysis made sense. Everyone has a different personality. Some people are tough on the outside but weak on the inside, always chasing ups and downs, while others are stubborn and always have blind confidence.
Unless it is an institution that is operating and diversifying investments, no one can buy stocks with stable confidence and navigate through bull and bear markets.
Even the people from the Far East Club are no match for us, they are the dealers, not the players!
The Daya Bay Nuclear Power Station project was promoted by Yin Zhaotang, so he has always wanted to acquire China Power. Only by using "China Power" can he directly attack Shenxiantang.
Li Fuzhao's face showed sternness, and he said, "Since he thinks he can handle it and nothing can stop him, then release the good news, take out 1 billion, and drive up the stock price of China Power. Create a big positive line for him and see if he is willing to join the game."
Li Fuqing took the bird's nest handed over by the waiter, opened the lid, and nodded gently: "One billion as bait, catching a big fish, it's bold!"
"A Zhao, since you became the chairman of the Joint Exchange, your methods have become more and more sharp."
Li Fuzhao had a stern face, not proud at all, and lowered his head to drink the soup. One billion Hong Kong dollars may seem like a lot, but if you invest it in the stock market, it is nothing more than transferring money from one pocket to the other. However, if Yin Zhaotang's fund crashes, he will eat it up in one gulp, and then it will be no problem to double the principal and interest.
Two days later, CLP shares saw a surge, and ten days later, a big positive line was about to appear on the 8th floor of the trading plaza, inside the Zhongyi Exchange.
After the meeting, fund manager Shi Zhanpeng called his boss and shouted, "Mr. Yin, 0002 is performing very well and its rating has risen. Do you want to increase your holdings and buy more?"
Yin Zhaotang put down his pen, leaned back in the soft leather chair, glanced at his watch, and said crisply: "It's still early before the market closes, come to my office to see me!"
(End of this chapter)