Rebirth, I am the most powerful business tycoon
Chapter 470
After the reorganization, the new listed company entity is Master Kong Holdings.
On the first day of listing, the Hong Kong Stock Exchange was abuzz because everyone knew that after the reorganization, Master Kong’s share price would inevitably skyrocket.
No one wants to miss this rare opportunity.
As soon as the Hong Kong Stock Exchange opened its doors, it immediately attracted the attention of countless people.
Major newspapers in Hong Kong, the financial channels of TV stations, and global online financial and stock market sections all reported in large sections that Master Kong’s reorganization and listing will inevitably lead to skyrocketing prices, because the merged assets are not junk assets, but very good PepsiCo assets.
Of course, there was Jiang Feng’s instruction in this.
He plans to cash out.
After the reorganization, according to the agreement, old shares were exchanged for new shares at a ratio of 1:3 (the stock price was too high and it was not profitable to trade). Therefore, 5.5 billion new shares were issued. Counting the 1.474 billion old shares previously held by Jiang Feng, Jiang Feng held a total of 5.322 billion shares. The new shares are approximately 70.96% of the total share capital!
Of course, after the reorganization, Jiang Feng’s Pepsi shares were gone, which was equivalent to the shares converted into Master Kong shares.
To control Master Kong Holdings, Jiang Feng actually only needs to control 51%.
A more prudent approach would be 67%.
But in reality, in many companies, major shareholders can control the company if they hold 36% of the shares.
Once someone maliciously acquires Master Kong’s equity, he can immediately carry out a counter-acquisition.
However, Jiang Feng did not intend to take this risk.
This is also to reserve a bottom line for yourself.
After all, there are lessons learned.
Such as Jardine Matheson, Huifeng Bank, Wharf, Wheelock, Hong Kong Electric and other companies. How dare he forget these cases before him.
Therefore, a minimum of 51% of the equity must be maintained.
This is the bottom line…….
August 8th.
Good times and auspicious days.
The Hong Kong Stock Exchange has just opened, at nine o’clock sharp.
Usually, there are not so many people at the Hong Kong Stock Exchange at this time. Usually there are more people at ten o’clock.
As the handover gets closer, more and more Xiangjiang citizens come to trade stocks.
However, there is an exception today, that is, there are so many ghosts, more than twice as many as usual.
“Why are there so many ghosts today?”
Someone asked curiously
“Needless to say, I must be here to buy Tingyi shares.”
An old stock investor curled his lips and said
“Now even ghost guys come to buy it?”
“There weren’t many in the past, but now, as Master Kong has become the world’s largest listed company, more and more ghosts are buying here.”
“Speaking of which, the prosperity of the Xiangjiang stock market is thanks to Mr. Jiang. Without him, the Xiangjiang stock market would not be so prosperous.”
The old stock investor said with emotion.
He has witnessed the changes in the Hong Kong stock market in the past few years.
At nine o’clock in the morning, it is the time when Master Kong Holdings reorganized and resumed trading.
Time passed by, and everyone was looking at the securities on the exchange. Data, many people’s hearts are in their throats.
5…
4…
3…
2…
1…
When the countdown reaches zero, it sounds like a starting gun rings.
The latest opening price of each stock appeared on the trading board, and dozens of screens were constantly rotating.
Investors who had been waiting for the market to open rushed in one after another, waving their banknotes in their hands.
Jiang Feng was also present, but he was in the VIP room on the second floor. At this time, he was also paying attention to the beating numbers on the big screen.
The re-listing price is 151 yuan.
Along with Jiang Feng, there were Sun Wei, Wang Donglai and others.
Both hold large amounts of stocks, and the ups and downs are closely related to them.
Likewise, they also plan to cash out once.
After all, in the next strategy, Master Kong will not conduct large-scale mergers and acquisitions like this again.
When you eat PepsiCo, you need enough time to digest it.
There are other reasons, etc.
(We will stop updating novels on this site, move to our new site: https://readwn.com////)
The two decided to cash out and ship the goods this time.
Up…Up.
151.3
151.7
152…….
154 yuan…….
159 yuan…
The numbers are jumping so fast that it’s almost overwhelming.
After Jiang Feng took a look, he said to Yuan Tianfan, Sun Wei and Wang Donglai:”Okay, it’s time to sell out.”
The three of them nodded.
They began to sell off individually.
Yuan Tianfan was responsible for selling Jiang Feng’s shares.
Soon, in the rising tide, the three began to sell slowly.
It’s time for the market to close in the afternoon.
Master Kong’s stock price has risen to 172 yuan.
It is a full 21 yuan higher than the opening price.
Don’t underestimate the 21 yuan. Each piece is a shocking price for Master Kong.
Now the market value of Master Kong Holdings has skyrocketed to 1.3321 trillion.
This is still the first day.
According to the rules of the stock market, it will continue to rise in the next two days. as expected. over the next two days.
Although Master Kong’s stock price did not rise as sharply as the first day, it was also rising slowly.
The main reason is that Yuan Tianfan, Sun Wei, Wang Dong and others sold out, causing the stock price to fall.
In three days, Yuan Tianfan sold 7% of his shares.
However this is not enough.
In Jiang Feng’s mind, he planned to sell at least 13% this time. but.
After Yuan Tianfan learned his thoughts, he came over
“Boss, isn’t 13% too much?”
Yuan Tianfan said with a worried look:”Selling so much at once can easily suppress the stock price. Even if you want to sell, you can wait for a while and sell slowly.”
“The stock price has been affected by massive selling in the past two days. I am afraid that if it continues, it will collapse.”
The previous seven percent, based on an average of 160 yuan, is equivalent to 93.2 billion Hong Kong dollars.
If converted into US dollars, it is almost 11.9 billion US dollars.
This is equivalent to an increase of 11.9 billion US dollars in Jiang Feng’s dwindling personal cash assets.
Jiang Feng, who was sitting in the office, smiled slightly, and then said slowly:”Selling is definitely going to happen, and I didn’t say selling once. However, I personally think it is better to sell in the past two days. Now the stockholders are enthusiastic enough.””
“Once the enthusiasm of investors subsides, even a 1% sell-off will shake the earth. Instead of that, it is better to take advantage of the current chaotic opportunity and fish in troubled waters. Even if it is affected, is it possible that it can still fall back to the issue price?”
“Besides, it will be 1995 soon, and I must leave enough funds to deal with the crisis.”
“crisis?”
Yuan Tianfan was a little puzzled.
A mysterious smile appeared on Jiang Feng’s face and instead of explaining, he ordered:”Just do as I say.”
When Yuan Tianfan heard this, he had no choice but to nod.
In the next few days,
Yuan Tianfan was secretly selling, and it would not take long for him to be taken over after selling.
Obviously, not only individual stocks were taking over, but also financial institutions and even foreign capital.
Including The local Chinese capital in Hong Kong, and even the Chinese capital in Southeast Asia, is mainly affected by the Hong Kong stock market.
Although the market size is not as large as that of the United States, island countries or even the Eagle Country, the enthusiasm for trading is far greater than that of the Eagle Country.
Affected, the Hang Seng Index It also soared rapidly.
In just two weeks, the Hang Seng Index rose 2 times.
It has to be said that this is a quite terrifying number.
Of course, it is not only the Hang Seng Index that is affected, but also New World and others. Hong Kong stocks with high-quality assets rose sharply.
When the craze subsided,
Master Kong’s share price stabilized at HK$12,300.
Jiang Feng sold 13% of his shares and cashed out a total of HK$170 billion, equivalent to US$21.8 billion.
And his personal funds have reached a full 30 billion US dollars.
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