章節 330: Chapter 330: A Handsome Profit of 400 Million
After signing the contract, Bao Yugang did not delay and immediately proposed to transfer the funds at HSBC Bank, stating that the money was all ready.
This surprised Xia Yu. After all, this was not a small amount but six hundred million. For Bao Yugang to have it ready overnight was quite impressive!
However, Xia Yu was not concerned with the details. The important thing was that the money could be received immediately. He didn't waste any time, took his team, and went with Bao Yugang to HSBC Bank to transfer the funds to Xia Yu's designated account.
Once the money arrived, everything was settled.
"Mr. Xia, I will need you to continue helping me acquire the stocks."
Bao Yugang said as he shook hands with Xia Yu.
"This is easy. Since Mr. Bao is so generous, I will certainly do my best!"
Xia Yu replied with a smile.
After acquiring the stocks below 30 Hong Kong dollars each, Xia Yu sold them to Bao Yugang at a uniform price of 30 Hong Kong dollars per share. Even if the acquisition price exceeded 30 Hong Kong dollars, there was still a 20% commission. Such a good deal was not something Xia Yu would pass up!
Back at the office, Wang Qi congratulated Xia Yu, "Congratulations, Boss!"
"Haha!"
Xia Yu laughed heartily and said, "It's worth celebrating to have succeeded, but the more important part is yet to come. Work hard, and I'll give you a big red envelope."
"Don't worry, Boss. I will give it my all!"
Wang Qi nodded earnestly, unable to hide his smile as he eagerly anticipated the generous red envelope promised by the usually extravagant boss.
In this transaction, Xia Yu made a hefty profit of 400 million.
At the close of trading yesterday, Xia Yu held a 36.7% stake in Yi He Air Cargo Station. However, through efforts overnight and early in the morning, he acquired an additional 3.6% from two minor shareholders, increasing his stake to 40.3%.
With 40.3% of the shares, totaling 20.15 million shares, most of which were bought at prices below 10 Hong Kong dollars per share, the total expenditure was 196 million Hong Kong dollars.
However, Xia Yu sold the shares to Bao Yugang at 30 Hong Kong dollars each, totaling 645 million Hong Kong dollars.
Thus, Xia Yu earned a profit of 405 million Hong Kong dollars from Yi He Air Cargo Station, doubling his investment—an extremely impressive profit!
And this was not the end!
Since the stocks were sold to Bao Yugang and not to the Keswick family as originally planned, Xia Yu no longer had to worry about the Keswick family suspecting him of holding too much stock. This allowed him to proceed with full force to acquire more stocks.
Xia Yu was confident he could acquire at least another 5% of the shares and resell them to Bao Yugang, ensuring a substantial profit.
"Ring ring ring..."
As Xia Yu was in high spirits, the phone in the room rang. Wang Qi went over to answer it.
"Hello..."
Wang Qi frowned after answering the phone, then quickly covered the receiver and said to Xia Yu, "Boss, it's the Keswick family."
Wang Qi didn't say anything more, but Xia Yu immediately understood the implication.
The Keswick family was calling, and it could only be about the stocks.
Xia Yu shook his head and said, "Delay them, and test their reaction."
Wang Qi nodded and resumed the call.
"..."
Shortly after, Wang Qi hung up and quickly reported to Xia Yu, "Boss, Charles Keswick called and wanted to discuss something with us, but I turned him down."
Xia Yu smiled and nodded, "Don't pay them any mind. We don't have any stocks left now. There's no use in discussing it. They will understand when the news spreads later."
"Go on. While the news hasn't spread, hurry up and acquire more shares of Yi He Air Cargo Station."
Xia Yu's smile faded as he gave his instructions.
When Xia Yu returned earlier, it was already 10 o'clock, past the 9:30 opening time. The stock price of Yi He Air Cargo Station had risen to 21.5 Hong Kong dollars per share at the opening and then quickly increased to 22.4 Hong Kong dollars per share.
The upward trend was still evident, showing fierce competition between the bidders.
If the news that Bao Yugang had become the largest shareholder were to spread, it would definitely cause a tremor in the stock market, and the stock price of Yi He Air Cargo Station would skyrocket.
To make it drop, the only way was to settle the competition and determine the outcome. The stock price would naturally fall back.
"Understood!"
Wang Qi acknowledged and immediately went to arrange the specific acquisition matters.
After staying in the office for a while, Xia Yu went to the adjacent building to check how many shares of Yi He Insurance Consulting Group had been acquired and to determine when to start the second round of acquisition battles.
Upon entering the building, he saw a busy scene with all the staff working diligently.
Xia Yu found Li De, the leader of the fifth group responsible for Yi He Insurance, and Liu Xiao, the leader of the sixth group.
"How is the acquisition going with both your teams? How many stocks have you acquired?"
Xia Yu asked while sitting in a relaxed posture with his fingers crossed.
Li De and Liu Xiao exchanged glances, and then Li De began to report respectfully, "Boss, our team has acquired 7.62 million shares, accounting for 12.7%."
Xia Yu nodded and turned his gaze to Liu Xiao.
Liu Xiao, calm and composed, reported, "Boss, our team has acquired 8.7 million shares, totaling 14.5%."
Xia Yu's eyes narrowed as he looked at Liu Xiao again, then smiled and praised, "Very good!"
"Thank you for the compliment, Boss!"
Hearing Xia Yu's praise, Liu Xiao slightly bowed in gratitude, his expression still calm and devoid of any sense of self-satisfaction, as if it were all expected.
In contrast, Li De, upon hearing Xia Yu's praise of Liu Xiao, felt a bit embarrassed and clenched his fist, feeling a sense of urgency rise within him.
The same secret acquisition, yet Liu Xiao had acquired more, showing faster operations and better capabilities, which made Li De feel quite awkward.
"How difficult is it to acquire more stocks now?"
Xia Yu continued to inquire.
The combined secret acquisition from both teams already accounted for 27.2% of the shares, while Yi He Holdings, being the largest shareholder of Yi He Insurance Consulting Group, held exactly 30% of the shares, which would not flow into the stock market.
The second-largest shareholder, Huafeng Investment Co., Ltd., held 10% of the shares. Xia Yu knew that this was a shell company of the Wu family, currently controlled by Wu Hongyi, making it clear that this 10% of shares would not enter the market either.
In addition, there were three other shareholders with more than 5% of the shares, totaling 18.3%.
In summary, including Xia Yu's secret holdings, the top six shareholders controlled 85.5% of the shares.
Only 14.5% of the shares remained scattered among retail investors and small shareholders.
Given this situation, continuing to secretly acquire stocks in the market would be extremely difficult!
This was why Xia Yu was asking such questions.
"Boss, the difficulty of acquisition is very high now. The stocks available in the market are scarce. Yesterday's trading volume was less than one-fifth of what it was when we started our secret acquisitions, and all were acquired by us."
Liu Xiao reported truthfully.
Xia Yu pondered for a moment and then issued a direct order, "Continue buying stocks in the market. Remember to control the stock price. You don't need to worry about anything else."
"Okay!"
Liu Xiao and Li De both nodded in agreement.
Xia Yu then dismissed them and, after some contemplation, his gaze became resolute as he muttered, "It's time. As long as we secure the 18.3% of shares held by those three shareholders, I will have 45.5% of the shares. With Wu Hongyi on my side, the combined voting power will be 55.5%, which is enough!"
"However, to be safe, we should simultaneously acquire stocks from those three major shareholders and other small shareholders. If I can reach 50% of the shares myself, it will be foolproof and make things more convenient!"
Xia Yu, being action-oriented, immediately set his plans into motion.
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