CHAPTER 772: CHAPTER 754: THE OUTCOME IS DECIDED, A BET MUST BE HONORED

Just past nine o’clock, a second later, the gray typeface showing New World Development’s stock price suddenly turned green. It shot up from the previous day’s closing price of 89.2 yuan, breaking the 100 yuan mark.

"Below 150 yuan, don’t consider any tactics, buy as much as you can."

Lu Liang’s expression was calm; he was prepared mentally to push the stock price above 200 yuan per share.

In the market’s chip-grabbing battle, it’s all about who has more funds and who is willing to invest, determining the winner without any fancy tricks.

Hengtai holds a 41.358% equity in New World. Currently, the total circulating stocks are 3.25 billion. They need 8.742% more.

That means, they only need to purchase 284.12 million shares to absolutely control New World, ending the chip-grabbing battle.

Their funds already form an overwhelming advantage; under such circumstances, the quicker the chip-grabbing ends, the better.

With Lu Liang’s command, funds poured in crazily, and just during pre-market transactions, New World’s stock price broke 120 yuan.

The formal trading had not yet commenced; New World’s daily increase had already reached 35.12%.

"It doubled, brothers, do we sell?"

The market was bubbling; retail investors spread the news among themselves, and everyone who had secured a lot on Friday was wearing a harvest smile.

On Friday, it took 55.75 yuan to subscribe for a share, and now it has risen to 120 yuan — the gain per share had reached 64.25 yuan.

Plus, getting a lot usually starts at 500 shares.

That means, investing twenty-seven thousand plus at that time, now flipping it, it yields three thousand two hundred in earnings.

"Jealous to the point of red-eyed, with cytoplasmic separation, hurry and sell, pocket the profit."

"Definitely don’t sell; the Xiangjiang Fish Market old man said it would rise to at least 150 yuan, Modu’s old man said it would rise to 180 yuan."

"I say, brothers finally made some profit, don’t lead him astray, better sell quickly."

"Persuading sale at 120? Who is really misleading?"

While the retail investors were still debating the right time to sell, Qi Yaonian was also persuading Zheng Jiachun to abandon futile resistance.

"Mr. Zheng, the winner is decided. Why not take advantage of the high prices now and rethink to earn more?"

Twenty-seven minutes of pre-market trading resulted in a volume of 8.2 million transactions, converting to approximately sixty-eight thousand shares.

Sixty-eight thousand shares counted based on both buying and selling equally, so in 27 minutes, the market saw thirty-four thousand shares of chips.

However, HSBC only bought eight thousand shares; excluding the retail investors purchasing coincidently, Tianxing must have bought twenty thousand shares.

Eight thousand shares against twenty thousand shares show HSBC’s buying efficiency was less than half of Tianxing’s, thanks to the AI quantitative model.

Thus, even if HSBC, like Tianxing, was willing to invest substantial amounts,

due to lesser buying efficiency compared to the opponent, Tianxing would get ahead of HSBC to help Hengtai Group reach the 50.1% control line.

At that point, it would mean the end of the chip-grabbing battle; New World’s stock price would certainly plummet, possibly dropping back to a trillion yuan market value.

So it’s better to sell your equity early while there’s still profit to be made.

After all, Hengtai still needs about 8.7% of circulation stock. Taking the current 120 yuan price, with a market value of 274.2 billion as an example,

if they sell at a 300 billion market value, even selling only 8% equity, they could convert it into 24 billion Hong Kong dollars in cash flow.

At that point, the Zheng family would not only have 24 billion Hong Kong dollars in cash but also keep about 30% of New World’s equity.

The Zheng family doesn’t solely rely on New World; using the funds to develop Zhou Da Fu is also a good option.

Why be so stubborn?

After all, there’s really no hope of winning; fighting to the bitter end not only drains the funds but New World will change hands as well.

Zheng Jiachun remained silent for a long while, saying quietly, "Thank you for the help you provided to the Zheng family these days, deep gratitude doesn’t need expressing."

"So, Mr. Zheng, you have agreed?" Qi Yaonian’s eyes lit up.

When Tianxing first entered Xiangjiang, he disregarded him, thinking Little Lu could be easily handled.

With Tianxing acquiring Huazhi and assisting Hengtai in acquiring New World, by then, he had already put aside his dismissive attitude; HSBC’s authority was indisputable.

Until Tianxing Finance launched a 30 billion US dollar ABS, Qi Yaonian’s thought had changed to not minding HSBC’s fate or development afterward.

Peacefully pass two more years, wait till the term ends, and retire comfortably back in the United Kingdom.

Thus, Qi Yaonian must persuade Zheng Jiachun to abandon resistance, change defense into substantial gain.

This way, HSBC can also benefit, making the financial report next year look commendable; after mixing for another year, he could retire peacefully.

This means being shrewd enough to adapt to the times.

"Mr. Qi, I know HSBC’s motive, and I understand your intention."

Zheng Jiachun put away his respect toward Qi Yaonian, saying solemnly, "If someday in a hundred years my father asks why New World was gone, I don’t want to be able to only answer that because I knew I would lose, so I handed it over without any resistance."

"Mr. Zheng, people die like lights extinguishing!"

Qi Yaonian’s face turned cold and earnestly urged, "Even if you don’t think about the younger generation of the Zheng family, you should consider from my perspective; at that time, HSBC had given up on the Zheng family. It was I who controversially put forth 30 billion US dollars to support you — is this how you repay me now?"

Zheng Jiachun evidently wants to accompany New World to its grave, and even intends to drag him along, utterly outrageous.

Mr. Zheng said flatly, "It was the Zheng Family that used 62% of Zhou Da Fu’s equity for mortgage, and HSBC also does not want to see Tianxing grow bigger in the Xiangjiang market."

"Are you really decided on doing this?"

Qi Yaonian’s eyes cooled, his tone full of threat; if Zheng Jiachun wants to act like a fool, then he can’t blame him for acting ruthlessly.

Though the contract signed between HSBC and the Zheng Family is different from the one between Tianxing and Hengtai.

HSBC loaned money to the Zheng Family for stock buyback, the handling rights of the stocks are in the hands of the Zheng Family.

Unlike Tianxing helping Hengtai acquire New World, but the handling rights of the stocks are in Tianxing’s hands.

HSBC still holds the initial 7.35% equity, even after targeted share issuance dilution, there’s still 5.145%.

If Zheng Jiachun wants to be heartless, he shouldn’t blame him for being unkind, selling this equity to Lu Liang to help Hengtai complete the controlling.

"Mr. Qi, I’m very sorry, I just want to feel a little bit better in my heart."

Zheng Jiachun showed no expression, he knew Qi Yaonian’s intentions, but he wanted to die standing, give himself an explanation.

"The Zheng Family should take care of itself in the future."

Qi Yaonian snorted coldly and stormed off in anger.

Zheng Jiachun looked at Qi Yaonian’s departing back and sighed softly, "When the market opens, buy as much as you can."

"Father, why did you..." Zheng Qilong was shocked and couldn’t believe why his father was acting so irrationally.

"Being rational all my life, let me indulge this time."

Zheng Jiachun suddenly laughed, his laughter resembling a night owl, gradually turning into sobbing.

He disappointed the expectations his father had, and doesn’t want to earn money by selling his ancestral property, just as he said, it’s only to give himself an explanation.

At nine thirty in the morning, the Hong Kong stock market opened.

Multiple forces scrambled frantically for shares, the stock price of New World broke through 125 yuan...130 yuan...140 yuan...

At this moment, Xu Jiawei knocked on the door and quickly approached Lu Liang’s side, "Mr. Lu, Mr. Qi is looking for you, he wants to sell the 5.145% equity of New World held by HSBC."

"What’s the situation?" Lu Liang was stunned.

"Mr. Qi said the outcome is determined, willing to accept a loss for a bet." Xu Jiawei said.

"Why is it 5.145%? Doesn’t he know I’m still short of 8.7% equity?"

Lu Liang was puzzled, "Did Qi Yaonian mention how much he plans to sell for?"

Xu Jiawei shook his head, "He only said, if you’re willing to accept, give him a call back."

"Mr. Lu, the Zheng Family is still competing with us for shares." Wen Chao quickly reminded.

Since the market opened, there have been competitors for shares, speculative funds don’t dare to increase the stock price at this time because the risk and the reward do not match.

As long as any party’s shareholding ratio reaches 50.1%, once the news is announced, they will all be left stranded, so it must be the Zheng Family.

Lu Liang touched the stubble emerging on his chin, "So the relationship between the Zheng Family and HSBC has broken?"

"But why would it break? Is there no profit?" His brows knitted tight, suddenly feeling a bit puzzled.

"Wen Chao, keep the pace, don’t get distracted, I’ll go see what they’re playing at."

After instructing Wen Chao, Lu Liang quickly walked out of the trading room and picked up the phone to call back Qi Yaonian.

As soon as the call connected, he heard Qi Yaonian say, "Mr. Lu, we have already abandoned the Zheng Family."

No matter what the closing price is, it will be based on a market value of 250 billion, 5.145% of equity will be given away.

Lu Liang smiled faintly, not hurrying to agree, and asked, "Mr. Qi, can I know why this is happening?"

"It’s just a timely stop-loss after assessment." Qi Yaonian smiled calmly, trying to display his composure.

"Did HSBC’s risk assessment report not inform Mr. Zheng?" Lu Liang asked curiously.

"Zheng Jiachun has already lost his rationality." Qi Yaonian was unwilling to say more, and straightforwardly said, "Mr. Lu, are you interested?"

"Of course."

Lu Liang’s mind spun rapidly, suddenly smiling cunningly, "But isn’t 250 billion market value a bit high?"

He roughly guessed, selling off ancestral property didn’t hurt, HSBC played the seller, the Zheng Family was the ancestor.

In a win-win situation, the chips delivered to the doorstep, what price to sell, can’t let Qi Yaonian decide.

If Lu Liang doesn’t take a hard hit, he wouldn’t deserve his last name.

"Mr. Lu, HSBC is very sincere, the current market value is heading towards 300 billion." Qi Yaonian’s face darkened.

"Mr. Qi, why does New World have a market value of 300 billion Hong Kong Dollars?"

Lu Liang asked with a smile, he was sure of Qi Yaonian.

Those afraid of death should be heavily humiliated.