章節 1027: Chapter 1027: More than 20 billion yuan of funds returned to the market
The weekend passed in a flash.
Another new week began, and with the stock market opening at 10 o'clock in the morning, the fierce battle that had temporarily subsided flared up again.
The stock prices of companies such as Swire Shipping and Swire Pacific immediately entered into fierce competition after opening sharply higher.
Swire Pacific Limited, on the other hand, did not jump at the opening bell. Instead, the stock price fluctuated violently, with many more shares being sold than bought, and the number of buy orders falling far short of the number of sell orders.
It was clear that the news announced by the Swire family before the market closed on Friday had worked.
However, the market closed shortly after the announcement was made, and most investors did not react to it.
However, the weekend was enough time for investors to think things through and make a decision, so when the market opened on Monday, investors who had decided that the Swire Pacific Group's stock price had peaked scrambled to liquidate their positions.
With more sell orders and fewer buy orders, the stock price naturally fluctuated violently.
This was exactly the scene the Shih Yahuai family was happy to see.
However, just as Norman Shih Yahuai instructed Swire Finance to take advantage of the opportunity to buy, he discovered that the large number of sell orders posted by investors had disappeared at a tremendous speed, and they were all gone in no time.
The buyer was none other than Jiuding Securities!
After sweeping up the sell orders, Jiuding Securities also posted a buy order for 30,000 lots, totalling 3 million shares, at a price of HK$30 per share, with a total value of HK$90 million!
Such a huge buy order shocked all investors and boosted their confidence.
Investors who had already sold their shares regretted it, while investors who were about to post sell orders were all apprehensive, glad that they had been slow to act.
Thanks to the HK$90 million purchase order placed by Jiuding Securities, Swire Pacific's share price no longer fluctuated violently, and the stock price continued to rise as new purchase orders were placed by other institutions.
Norman Shih's family's plan was not only easily thwarted by Jiuding Securities, but the peach they grew was also easily plucked by Jiuding Securities, leaving Norman Shih, who witnessed this scene, furious.
Immediately afterwards, Song Bo stepped forward again, disclosing the shareholding information of Taikoo Industries Group on the stock exchange as the legal representative of the Song Group. The Song Group's shareholding ratio of up to 44.32% in Taikoo Industries Group shocked many people.
Song Bo also confidently announced that the Song Group was already the largest shareholder of Swire Pacific and had a veto over the company.
Even though the combined shareholding of Hong Kong Swire Group and the Shih Ya-Hwei Family Foundation exceeded 50%, it did not mean that the outcome was already decided. He was confident that the outcome was far from being decided!
After Song Bo's announcement, Jiuding Securities also issued a statement, saying with an air of dominance that 'the ownership of Swire Pacific will definitely change'.
How could Norman Shih Ya-Huai bear to take two slaps in quick succession? Although he knew that taking the challenge would stimulate the share price of Swire Pacific, the consequences of not taking it would be even worse.
Therefore, Norman Shih Ya-Huai responded through Swire Pacific Finance Group: 'Evil will never triumph over justice, and the traitor will never succeed!'
Many shareholders were enjoying the melon feast, but they did not forget to firmly hold onto the stocks in their hands, and at the same time invested more money into the stock market, for fear of earning less if they entered late.
For the next half month, the stock market was like an erupting volcano, with capital pouring in from all directions. The major media outlets competed to report wealth stories, pushing the Hang Seng Index ever higher.
Amidst this prosperity, companies affiliated with the Jiuding consortium, including Jiuding Securities, Jiuding Bank, and Standard Chartered Bank, cashed out and left the market one after the other.
According to the final tally, Jiuding Securities alone had liquidated most of its overt and covert investments, and had withdrawn over 10 billion Hong Kong dollars from the stock market.
The two major banks also withdrew huge amounts of capital from the stock market or non-stock market, totalling more than 15 billion Hong Kong dollars.
Many companies under Xia Yu also received secret orders from Xia Yu to quietly withdraw capital.
Once August 15th passed, the second phase of the plan kicked off.
Jiuding Securities began shipping out.
Wang Qi set up multiple working groups to sell the shares of the Swire group of companies in a cross-coverage manner.
This required a high degree of skill and execution, as well as close cooperation between the teams.
The buyer's side needed to place large orders to continue the momentum of the rising stock price, while also controlling the number and price of sell orders based on the actual situation to ensure that the stock would not be bought by itself, and that the sell orders would not linger in the market for an extra second or two.
As for whether the stock would be bought in large quantities by Swire Finance, Xia Yu was not worried.
He had long since prepared for this, so apart from instructing Song Bo to disclose the shareholding of Swire Pacific, the company that had to be acquired, the shareholdings of other listed companies such as Swire Pacific Group and Swire Shipping were dispersed to various accounts and not disclosed to the public. The Shih Yahuai family did not know who held these shares, and they only knew that the acquisition would be extremely difficult.
Moreover, Xia Yu did not believe that Swire Pacific Financial would be able to grab more than half of the shares released by Jiuding Securities, when many investment institutions were also scrambling for them.
If Swire Pacific Financial can acquire even a third of the shares, that would be a testament to its strong acquisition capabilities. And even if Norman Shih Yahuai had doubts, he would not be able to guess the truth, and would be more than happy to have saved the company.
Sure enough, as the new week began, Swire Pacific Financial felt that the difficulty of the acquisition had decreased by half, and Cedric Quincy immediately reported the situation to Norman Shih Yahuai.
'Chairman, this is our achievement this morning,'
Cedric Quincy handed Norman Shiyawei a concise statistical table.
The latter immediately took it and read it carefully.
Swire Pacific Holdings 3.06 million shares, 0.68% of the total, cost HK$156.4 million.
Swire Pacific 1.3 million shares, 0.72% of the total, cost HK$51.84 million.
Swire Pacific Shipping 1,660,000 shares, 0.83% of the total, HK$73,870,000
Swire Pacific 256,500 shares, 0.09% of the total, HK$9,450,000
Apart from the acquisition of Swire Pacific's shares, which was still proving difficult, the other three companies had made significant gains in the morning.
After putting down the statistics table, Norman Shi Yahuai asked about the situation: 'Cedric, have you investigated which institutions released these stocks?'
Cedric Quincy nodded and said: 'I have already asked someone to investigate, but only a small number of institutions released them, and most of them were sold by unknown retail investors.'
'But the selling was so concentrated, I think it should be anonymous accounts of some institutions. It is impossible to find out which institution it is,'
Norman Shiyawei frowned and pondered, and after a long while, he asked, 'Is it possible that it was Jiuding Securities?'
Cedric Quincy pondered for a moment, and replied, "There is definitely this possibility, but we cannot be sure.'
After answering, Cedric Quincy immediately asked the question that was on his mind: "Chairman, shall we continue the acquisition this afternoon?'
Norman Shiyawei said without hesitation, 'Of course we should!'
'Keep monitoring the situation of the seller and increase the intensity of the takeover bid. Whether it is Jiuding Securities or not, our goal will not change.'
'Once the task line is reached, report to me immediately.'
Cedric Quincy immediately felt relieved. With these words from the chairman, he could operate without any worries.
'Understood!' Cedric Quincy replied loudly.
'By the way, what is the gap from the planned line after adding the results this morning?'
Norman Shiyawei asked again.
The last equity acquired from HSBC was all under the Shiyawei Family Foundation. In addition to the original Swire Pacific holdings and the Shiyawei Family Foundation holdings, Norman Shiyawei let Swire Finance hold it in order to reduce the burden.
As long as he firmly controls Swire Finance, it doesn't matter if the equity is under this company.
It wasn't that he didn't want to acquire all the shares under the Shih Ya-Huai Family Foundation, but rather that he had no money and it was difficult to borrow any more. If he didn't use the funds from Swire Finance, he basically couldn't operate anymore.
So he had long ago set up a number of plan lines for Swire Finance. As long as the plan lines were met, the combined shareholding of Swire Finance, Swire Pacific and the Shih Ya-Huai Foundation would exceed 66.7%.
'Chairman, please wait!'
After saying this, Cedric Quincy walked over to his desk, took out a notebook from a drawer, and then deducted the shares acquired this morning to arrive at the amount of the equity gap in each company.
Once the result was out, he immediately gave it to Norman Shi Yawei.
'Chairman, this is the amount of equity that still needs to be acquired.'
Norman Shi Yawei took it and looked at it.
The Swire Pacific Group was short 6.5%.
Swire Pacific Storage had a shortfall of 7.3%.
Swire Pacific Shipping had a shortfall of 12%.
Swire Pacific Industries had a shortfall of 15.5%.
Considering the Song family's shareholding, it was already impossible for Swire Pacific Industries to meet the target, so Norman Siyawai simply ignored it.
Of the remaining three companies, Swire Pacific Shipping had the largest shortfall.
Even for Swire Pacific Holdings, which had the smallest shortfall, according to the current stock price, if the stock price did not rise in the future, it would still need nearly 1.5 billion Hong Kong dollars to buy so many shares.
If Swire Pacific Shipping and Swire Pacific Warehouses also want to reach the line, they will need at least HK$2.1 billion.
After calculating this figure in his mind, Norman Sze Ya-wai felt a huge pressure.
A conservative estimate is that a huge cash flow of HK$3.6 billion is required!
According to the capital of Swire Pacific Finance, it is definitely enough, but I don't know how much capital Cedric Quincy has already returned!
Norman Sze Ya-wai asked again, 'How much liquid capital does the company have now?'
Cedric Quincy immediately said, 'Chairman, at present we have already sold off about half of the stocks, but we have already invested more than HK$1.24 billion to purchase the stocks of four companies, and there is still HK$2.13 billion left in the account.'
Norman Shi Yawei immediately said, 'That's not enough, there must be more than HK$1 billion in liquid funds.'
'The difficulty of acquisition has now decreased, so we must seize the opportunity to grab stocks as soon as possible, and funds cannot be a hindrance.'
'This week, you must increase your efforts to clear out the inventory and return at least 2 billion Hong Kong dollars!'
Cedric Quincy's face became serious as he nodded firmly, 'I guarantee that I will complete the task!'
Norman Siya Huai nodded slightly, then thought it over again from beginning to end, and found that there should be nothing left out. He let out a sigh of relief, his face softening a little, and said to Cedric Quincy, 'Cedric, you will have to work hard this noon. After setting it up, you should take some time to rest.'
'You will also need to take control after the stock market opens in the afternoon.'
每周推薦票狀態
-- 推薦票
榜單 
-- 推薦票