Mr. Bodyguard Novel - Chapter 417
Chapter 417 Beginning Of Action (Middle)
“The latest news is that the Ministry of Finance has allocated 10 trillion yuan to the market in order to reverse the bear market situation.”
“Big news, the state-owned listed companies have received a large number of financial allocation, a new round of bull market is forming.”
“Experts predict that the state is prepared to use state-owned listed companies to boost the stock economy, thereby boosting the share prices of other listed companies.”
“Exclusive inside story …”
Along with the stock market these days, the stock prices of state-owned listed companies continue to rise, on the Internet, financial news, a variety of expert forecasts and rumors emerge endlessly.
Summarizing all the rumors, there are roughly two types.
1. The state is investing a large sum of money to rescue the market;
2. The state is creating an economic bubble. After the shareholders enter the market, they will withdraw their capital and trap the shareholders at that time.
Both rumors spread widely, and about half of the people believed them.
But even so, more and more investors have entered the market in the past half month. After all, a bull market was rare. No one would want to miss this great opportunity for nothing.
Even if this great opportunity was followed by a huge crisis.
Xiao Dingshan, who was in charge of the Ministry of Finance, naturally noticed the sudden change in the stock market.
After discussing with several advisors from the Ministry of Finance, Xiao Dingshan decided to let a spokesman for the Ministry of Finance make a statement.
The content of the statement was very simple. It was to make it clear that the Ministry of Finance had never allocated a single penny to the stock market, nor had it granted any large sums of money to any state-owned listed companies.
The reason for this statement was because Xiao Dingshan and the others were a little worried that the current boom in the stock market was caused by someone deliberately creating an economic bubble in the stock market, so that they could fish in troubled waters for huge profits.
What if the citizens believe that the state finance is really saving the market, so they follow the big hand to buy the stock of the national brand, and then the stock of the national brand plummets, then the citizens can not curse the state finance to death?
This is a very normal and logical idea.
However, this thought just happened to be within Huangfu Ji’s expectations.
Jiang Feng and the others were naturally the ones who had been driving up the stock prices of the state-owned listed companies during this period of time. They spent a large amount of money to buy large quantities of shares in state-owned listed companies, so the share price naturally continued to rise.
But just as Xiao Dingshan asked the spokesperson of the Ministry of Finance to make a statement, Jiang Feng and the others began to dump their shares in large quantities.
It didn’t take much guessing to know that the stock price of the national brand had plummeted from the moment Jiang Feng and the others began to sell.
Such a fall, coupled with the statement just issued by the Ministry of Finance, caused the national brand stocks to plummet, and they could no longer stop the downward trend.
Stockholders, who had originally dreamed of a huge bailout from the state, saw their share prices fall after seeing the Treasury’s statement.
Instantly began to panic-type selling, the state-owned listed company’s share price immediately entered a cold winter.
In just a few days, the shares of these state-owned listed companies had fallen to record lows.
Several of the already poorly run state-owned listed companies are even close to falling below their offering prices.
Under such circumstances, Afguri and the others arranged to get in touch with the various state-owned listed companies, hoping to purchase shares in the partnership would become much simpler.
Every state-owned listed company is short of funds at this time, especially cash.
Everyone knows that the lifeline of an enterprise is cash flow.
For example, you borrowed 100 million from a bank, and then you used that 100 million to buy the goods. After selling the goods, you can get 150 million back with interest. Then you pay back the bank’s principal plus interest of 120 million, and you make a net profit of 30 million.
Doesn’t that sound nice?
But the question is, first, can you really sell out a hundred million dollars worth of goods in a month? Second, if you sell the goods and the buyer fails to pay you in time, what if you fail to repay the bank’s loan in time?
At this point, you need to use cash to circulate. You need to find another bank loan to repay your previous debts, or find another way to get cash.
In the middle of this process, once one of your links is broken, it will trigger a chain reaction.
What awaits you then are high bank interest rates and the company’s shortfall in income. In such a situation, the final outcome of the company can be met. Bankruptcy is nothing more than bankruptcy.
Although the state-owned listed companies are state-owned enterprises, this does not mean that they will have a continuous flow of financial allocation to help them make up the deficit.
Most of the time, state-owned enterprises are still self-financing.
Now that the stock price of state-owned stocks has fallen sharply, the cash flow of state-owned enterprises will naturally be problematic.
So Afguri offered to buy shares to buy shares, just when these state-owned enterprises wanted to sleep the most, she handed over a pillow.
Of course, Afguri and the others were very cautious when doing such a thing.
They have registered a large number of shell companies in various names and are now seeking cooperation in the form of private equity stakes in state-owned enterprises, which makes them much more secretive.
No one will find out about it anytime soon.
It is not difficult for private enterprises to buy shares in state-owned enterprises. They only need to go through the resolution of the board of directors of the enterprise and get the approval from SASAC.
Jiang Mansion.
In Jiang Feng’s study.
Afguri took a document and read a long list of state-owned enterprise names to Jiang Feng. After she finished reading, she said, “We have bought shares in all of the above enterprise names. At present, we own more than 60% of the listed state-owned enterprises in China.”
Jiang Feng nodded slightly after hearing Afu Guli’s words.
“Alright, since that’s the case, then … let’s light up the sword!”
“Yes!”
Afguri immediately retreated.
The next day, the Chinese stock market suddenly changed again. The stock prices of most of the state-owned stocks actually began to rise again, and the growth rate was incomparably fast, even more frightening than the growth rate of the previous period of time.
Although the shareholders were amazed, this was actually the beginning of Jiang Feng’s sword.
If the whole plan were to be straightforward, it would not be complicated.
They first pushed up the stock price and created rumors. They then forced people from the Treasury Department to deny the rumors and then dumped the shares, triggering panicked selling of state-owned shares by shareholders.
Shortly after, they took a stake in listed state-owned enterprises, and at low prices, they started buying shares in these state-owned enterprises.
So what is the point of buying these shares?
This was soon discovered by listed companies of state-owned enterprises.
In the meeting room of the headquarters of Huaxia Electric Power Group Corporation, the core leadership of the entire corporation was all present in this large conference room, and no one was absent.
The CFO of the group company was holding a laser pen, pointing the laser at the data on the projection cloth and reporting to the leaders.
“Ladies and gentlemen, please pay attention to the stock price of our company these days. The stock price of our company has increased several times in recent days, and its growth rate is completely contrary to the normal law of increase.
I’ve already sent someone to investigate. Although the opponent used a lot of accounts to buy shares, the final flow of the shares is actually in the hands of this Huatian Group.
According to the rules, this Huatian Group has already bought 70% of our outstanding shares, that is, they already own 21% of our shares with just this one item. ”
“If it’s only 21%, that shouldn’t be a big deal, right? At most, it’s a big shareholder.”
A bald middle-aged man didn’t seem to care much about the treasurer’s words.
The treasurer looked at the middle-aged man and shook his head sadly, “President Wu, what if you knew that this Huatian Group was actually just a shell company and that it was actually backed by Tianfeng Group Company? What do you think?”
“Tianfeng Group?” “Is it the Tianfeng Group that just bought 15% of our company’s shares?” He Lianfeng’s expression changed.
“That’s right.” The treasurer nodded, “If today’s Wind Group already holds 36% of our company’s shares, they are already the second largest shareholder according to the distribution of our company’s shares.”
“Bang!”
Suddenly, the door of the conference room was pushed open and a beautiful young woman brought a group of bodyguards in.
The woman smiled and said, “No, no, no … you’re mistaken. I’m not your second largest shareholder. I’m your first largest shareholder!”
“Who are you? We are in a meeting. Please leave!” He Lianfeng frowned and shouted at the woman.
The woman smiled faintly as she walked towards He Lianfeng and said, “Since you want to know, I will take this opportunity to introduce myself to everyone.”
My name is Afguri and I am the sole shareholder of Tianfeng Group. My Tianfeng Group previously received the approval of SASAC and has purchased 15% of your shares in Huaxia Electric Power Company.
Then we bought 21% of the retail shares on the market and got 36% of Huaxia Electric Power.
Finally, just yesterday, we bought 15% of your company’s shares in Huaxia New Energy.
As a result, I already own 51% of your Huaxia Electric Power Company. “At this point, I have absolute control over your Huaxia Electric Power Group Company!”
“Impossible! China New Energy is used by SASAC to control our Huaxia Electric Power Group Company. How can they transfer their shares to you? How can SASAC approve it?”
He Lianfeng roared in disbelief.
Afguri smiled faintly and shrugged, “It’s very simple, because Huaxia New Energy Company is being taken over maliciously. They lacked money to make this purchase, so they sold their shares to Tianjiang Group Company.”
Unfortunately, the Tianjiang Group Company … still belongs to the company that I personally own. So now, your Huaxia Electric Power Company has become my absolute holding company.
From now on, this company is no longer a state-owned enterprise, but my private enterprise. As for you, the president, I hereby officially dismiss you. You can leave now … ”
“Huaxia New Energy was maliciously purchased? This … is this what you guys did?”
He Lianfeng asked in shock.
Afguri smiled like a flower as she gently raised her hand to cover her mouth and said, “Hateful, how did you guess?”