The so-called rights issue is that the board of directors of a listed company is ordered by the general meeting of shareholders to privately issue new shares within 20% of the total issued share capital. This power enables the actual controller of the company to continuously increase holdings and consolidate control. The issue price of the shares , In principle, the company’s stock market trading price at that time shall prevail, with a slight premium or discount. This is a strategy commonly used by Hong Kong M&A masters.
Wu Yi said, "Then Jiang Dong, what do I need to do in this?"
Jiang Yu said: "The cash to obtain control needs to be paid by Mr. Wu, and the mainland may have restrictions on foreign investment in purchasing and merging your mining group. Mr. Wu must be able to ensure that this part of the assets can be injected into the listed company, otherwise, Without the injection of new assets, the shell you bought is useless, and your attempt will still be unfulfilled."
Wu Yi said: "I understand, Jiang Dong's general intention is that we first use the funds to control the right, and then use the control to issue additional shares in the company. Since this additional issuance is directional and can be discounted at a low price, it can be Dilute the rights and interests of other shareholders at a very small price. Then inject assets through purchases. On the one hand, part of the funds can be recovered, and on the other hand, the fundamentals of the company have been changed and the company’s stock appreciation has been realized.
Jiang Yu was taken aback when he was said, he looked at Luo Dong and said, "Lao Luo, you told me Wu Dong hasn't read any books, did you lie to me?"
Luo Dong smiled and said, "What am I doing to lie to you? If you don't believe me, ask Wu Dong yourself."
Wu Yi smiled and said, "I didn't study much, it doesn't mean I'm a fool."
Jiang Yu laughed and said: "Yes, yes, I want to come to Wu Dong to operate Shanxiang Mining so much, and I have a certain mind. Okay, I like to work with smart people, Wu Dong, let’s work together. Hong Kong is full of gold here, so let's make a lot of money."
Luo Dong poured wine for everyone and said: "Come and drink one. I wish Wu Dong and Jiang Dong a happy cooperation."
Everyone touched their cups and took a sip of each.
Fu Hua put down the wine glass and said with a smile: "Jiang Dong, I may not insert this sentence, but I think it is better to put the ugly words first."
Jiang Yu said: "Just say what you want. In business, you have to put the ugly things first, and don't end up making trouble."
Fu Hua said: "I just want to ask you if this set of operating methods is legal? We don't want to be on the market, but face a lot of trouble, and the gain will outweigh the loss in the end."
Jiang Yu laughed loudly, patted Fu Hua on the shoulder, and said, "Little brother, do you think this is the mainland? This is Hong Kong. If you violate the regulations a little bit, the Commercial Crime Investigation Bureau here will come to you. Yes, I don’t want to bear the consequences of breaking the law."
Dong Luo said with a smile: "Brother Fu, you don’t understand that Hong Kong’s economy is very free, and it is famous for its free economic system and perfect legal system. What we pursue is that as long as the law does not prohibit it, It is allowed. Jiang Dong did not violate any legal provisions of the Hong Kong government, so he did not violate the law."
Jiang Yu smiled and said: "The cost of breaking the law here is very high, and the government may fine you bankruptcy. So here is a different game rule from the mainland. Although I am so old, it is a code of the stock market. A regulation is still memorized. Many people may think that I am a person who specializes in making use of gray areas or who specializes in making money through legal gaps, but I do not feel guilty in the slightest morally, because I act completely according to the rules of the game. Stocks The market will undoubtedly be successful, but investors all know that this is a zero-sum game. Like money gambling, some people lose and some people win. I admit that I have made a lot of money in the stock market, but I think I have never violated the law. The things I make are all visible money."
Fu Hua smiled and said, "It seems that I am worrying too much."
Jiang Yu smiled and said: "It doesn't matter, just talk about it. Wu Dong, if you decide to do this, you come to our company and we will finalize the relevant details."
Wu Yi said: "Okay, I will cooperate with Jiang Dong on this one."
Jiang Yu said: "Okay, I hope to cooperate with Wu Dong happily."
The two touched their glasses and each took a sip of wine. Jiang Yu put down his wine glass, leaned against the back of the sofa comfortably, and said with a smile: "Lao Luo, the business is over. This is the place you often come to. Can you call out the beautiful sister here."
Luo Dong called his mother Sang in and said, "These are my good friends. Call the four most beautiful ladies of you to come in and stay with us."
Seeing that Luo Dong called four people, Fu Hua knew that he had forgotten his share, and quickly said: "Three are good, three are good."
Jiang Yu smiled and said: "Why is this little brother still shy?"
Wu Yi smiled and said: "I'll make love for my brother. He is still sweet when he is newly married. If the lady doesn't call it, just don't call it."
Jiang Yu laughed and said, "Little brother, men and women are the same thing. Getting married only gives you the name of a legal sleeping woman. You can rest assured that it is legal for a lady to accompany you here, without the police. Catch you."
Fu Hua smiled and said: "I think getting married is not just a title to sleep together legally, but also an obligation to be loyal to each other. Jiang Dong, this is my principle, just like you have you The principle is the same and insurmountable."
Jiang Yu hehe laughed and said, "You said this well, everyone has their own principles, just keep their own principles. Lao Luo, let's call them three young ladies."
Mum Sang took three little-dressed three-point poses. Girls dressed in tulle outside came in. Jiang Yu smiled and said, "Little brother, don't be greedy when we play." He took a seductive girl with a bump into his arms.
The other two young ladies sat beside Wu Yi and Luo Dong respectively, and they were quickly taken into their arms. Fu Hua dropped the order, but rather embarrassed, he concealed it, picked up the wine and tasted it slowly.
Jiang Yu and Miss Jiang guessed the punch for a while, let go of the young lady a little weary, took a sip of wine, and said, "Hong Kong is getting boring nowadays."
The lady laughed and said, "Sir, how interesting do you want to be, I'll be with you."
Jiang Yu stretched out his hand and patted Miss's cheek, shook his head and said, "It's not your problem."
Dong Luo smiled and asked, "Dong Jiang, why did you suddenly start feeling emotional?"
Jiang Yu said: "Lao Luo, do you think that Hong Kong is not as good as it was before. In the past, Hong Kong was first-rate for eating, drinking and having fun. Popularity started in Hong Kong. But now, the most popular ones are the best. It's Hong Kong again. You have to go to Shanghai and Beijing to eat, drink and play. These places are the fashion leaders. Even the girls are not as interesting as Shanghai."
Luo Dong laughed and said: "The economy of the Mainland is now developing. It is not time to learn Hong Kong for everything. What else is there in Hong Kong's industry besides the real estate industry? I feel that the city is becoming more and more hollowed out. ."
Fu Hua nodded and said, "Yes, now many Hong Kong and Taiwan businessmen have moved their industrial bases to the mainland."
Jiang Yu said: "The economic center is moving westward. This is an irreversible trend. You can see that the most popular red-chip stocks on the Hong Kong stock market will understand that the mainland has become the center of the two sides of the Taiwan Strait. We Hong Kong people have never thought of it. Mainland stocks will be so popular in Hong Kong. At the beginning, some people in Hong Kong felt that they looked down on the mainland and felt that the mainland was poor and unwilling to return. Now look at it. Without the support of the mainland, the Hong Kong economy would be difficult to support."
Luo Dong smiled and said: "We are here to play, Jiang Dong, don't you say such a downcast, okay?"
Jiang Yu shook his head, drank the wine in the glass a little lonely, and said, "I'm out of interest, Dong Wu, I will send someone to pick you up to my company tomorrow. Let's talk about it in detail."
Wu Yi nodded and said, "Okay, I'll be waiting for you."
Jiang Yu said: "Then I'll go ahead."
Luo Dong said: "You, the protagonist, is leaving. It doesn't make sense for us people to stay. Let's go together."
Wu Yi was about to pay the bill and was stopped by Luo Dong. Luo Dong said: "Although your mainland is rich, but on the ground, I can still buy a few thousand dollars.
Wu Yi had no choice but to say, next time, next time I will please. "
When the group left the nightclub, the parking brother drove Jiang Yu's Mercedes-Benz first. Jiang Yu shook hands with Wu Yi Fuhua, got in the car, and drove away.
Luo Dong drove Fu Hua and Wu Yi back to the hotel. Luo Dong didn't say anything along the way. When he arrived at the hotel, he politely said that the two should rest early and left.
Wu Yi smiled and shook his head, and said, "These Hong Kong people."
Fu Hua didn't say anything. He understood this feeling very well. It was like a person who was arrogant to some poor relatives and suddenly found out that these relatives were not worse than them, and even richer than them. That kind of loss. One can imagine.
On the second day, after having morning tea, Wu Yi was taken by Jiang Yu to send someone to the company. Before leaving, Wu Yi said that Fu Hua was fine to go to Central, which is the heart of Hong Kong and several famous landmarks in Hong Kong. The buildings are all in Central, where famous brands gather and it is the most prosperous shopping place.
Fu Hua didn't have much interest in shopping, but he was very interested in Hong Kong's landmark buildings, especially the famous Bank of China Tower. Fu Hua asked the front desk of the hotel about the route to the Bank of China Tower. He took the subway to the Central Station and went up to the Statue Square. Next to the Statue Square is the Legislative Council Building; the HSBC Bank Building is facing the Statue Square with his back. Here is the world's longest independent pillarless escalator. The ground floor of the HSBC building is open, with few columns. The appearance of the whole HSBC building is rich and changeable. It is very different from the traditional skyscraper. The eight groups of jagged composite columns seem to have a style that runs through the sky. Reminiscent of Gothic architecture, the symmetrical pattern makes it solemn and elegant. After all, it is a century-old bank, showing a strong taste of classicism.