Lin Chaoyang's face was calm, "In Xiangjiang's securities market, nothing can be hidden from Li Sheng's eyes and ears."

"Lin Sheng, Mrs. Lin, please forgive me, I have no ill intentions towards you two, I just want to make acquaintance with you.

When Li Zhaofu said this, his eyes were so kind that Lin Chaoyang couldn't figure out what he was thinking for a while.

Li Zhaofu sighed and asked: "I wonder what Lin Sheng thinks of this stock market crash and market suspension?"

Lin Chaoyang pondered for a moment, "The stock market crash in Xiangjiang is just a small cross-section of the global stock market crash, and the underlying reason is still caused by the Federal Reserve's interest rate hike.

"The panic effect in the market began to spread from the United States. With the size of the Hang Seng Index and its high correlation with the US stock market, it is impossible to be immune."

"The choice of suspending the market has advantages and disadvantages. From my personal point of view, even if the market is not suspended, the Hang Seng Index's sharp decline is inevitable, and the magnitude may even be greater.

Because I write novels, I have a fairly good understanding of the operating model of the Stock Exchange.

Experts are accustomed to punctual settlements. When the market plummets, investors who bought and sold before the market was closed are very likely to default on their accounts. In the end, the broker has no choice but to liquidate their positions, and the snowball effect grows.

Maybe even a few banks will close down."

Listening to Lin Chaoyang's talk, Li Zhaofu looked pleased.

"Lin Sheng's insights coincide with mine. Do you know how much money the government spent last month to protect those guarantee companies? 2 billion!

If I don't stop the market, their losses will only be more severe.

Moreover, before the market was suspended, I called Mr. Cai. If he had not agreed, I would not have suspended the market so easily.

These ghosts!

The God of Wealth mentioned by Li Siu-fu refers to the Financial Secretary of Hong Kong. Although he has a Chinese name, he is an authentic British person.

Li Zhaofu mentioned "Zhai Kecheng" with a tone full of resentment. Naturally, it was because he felt that he had been set up by the ghost man and was used as a scapegoat.

Lin Chaoyang understood that with Li Zhaofu's character and status, he would not easily express such words and emotions to him. The other party obviously wanted to win his trust. But he still couldn't figure out what Li Zhaofu's purpose was? Is it really true?

Is it out of appreciation?

"Li Sheng was accused by thousands of people, and he was indeed unfairly accused."

Li Zhaofu lamented, "Lin Sheng thinks, how should I deal with myself in the future?"

Lin Chaoyang was slightly startled. He could hear Li Zhaofu's intention of retreating in his words, but when asked this question to him, it was unavoidable that it was akin to making a shallow conversation.

Thinking of Li Zhaofu's weird behavior after today's meeting, Lin Chaoyang didn't think there was any trap in it, so he hesitated for a moment.

"Given Li Sheng's current situation, it would not be degrading to retreat bravely.

Hearing these words, Li Zhaofu's eyes narrowed, and a frightening aura suddenly erupted from his body, "Why do you say that?"

Lin Chaoyang's expression remained normal, "There are rumors that Li Sheng has been uniting with Chinese brokers for many years and has never been favored by the Hong Kong government. They urgently need a scapegoat for this stock market crash. Li Sheng must also be aware of the voices from the outside world these days."

Speaking of this, Lin Chaoyang said in a faint tone, "The situation is stronger than the person, and it is better to be decent yourself than to let others help you!"

Li Zhaofu's eyes stared at Lin Chaoyang, squinting unconsciously, unable to conceal the dangerous meaning.

Sometimes it's like this. A person can say a lot of things himself, but others can't point it out.

Lin Chaoyang and Li Zhaofu didn't look at each other for long, but Tao Yushu on the side felt that a long time had passed. After all, the person sitting opposite him was a rich man worth billions.

A powerful figure in the securities market.

Suddenly, the seriousness on Li Zhaofu's face disappeared, and his eyes softened.

"Lin Sheng is indeed an extremely smart person who can deduce the market direction just by looking at his scales.

'It's better to be decent yourself than to have others help you look decent', hehe..."

Li Zhaofu murmured what Lin Chaoyang had just said, and at some point his upright chest collapsed, and his aura became slightly depressed. "If I insist on not retreating, what do you think will happen to Lin Sheng?"

"Given Li Sheng's current status, ordinary methods are of no use to you. If we really want to touch you, we must use force." We are all adults. The "force" in Lin Chaoyang's words naturally does not need to be explained too much.

.

After a long pause, Li Zhaofu spoke in a low voice.

"The master predicted that I would be imprisoned next year, so he gave me eight words: retreat bravely from the rapids and make many good friends. Lin Sheng thinks these words are right?" "They are indeed kind words."

In later generations of Hong Kong, Li Siu-fu was arrested by the Hong Kong government on the charge of "corruption" at the beginning of the following year because of his unfavorable response to the 1987 stock market crash. He was imprisoned and was released from prison four years later. By the time he was released from prison, the Hong Kong securities market had already changed.

However, Li Zhaofu deeply realized the darkness of politics, avoided Thailand, and never got involved in political affairs again.

Lin Chaoyang does not think Li Zhaofu is a good person. He must have his own selfish motives for uniting Chinese agents and squeezing out foreign agents. However, he has also truly gained the right to speak for the people of Hong Kong in society and has also made his own contribution to the development of Hong Kong.

contribution.

It would be ridiculous if he was really imprisoned like in history.

At that time, according to the ICAC's indictment against Li Siu-fu, his illegal income was only several hundred thousand Hong Kong dollars.

Lin Chaoyang believed that it was not impossible for a rich man worth billions to embezzle hundreds of thousands, but it was probably more insulting and intimidating. After half an hour, Li Zhaofu sent Lin Chaoyang and his wife away with a gift.

The next morning, Tao Yushu was outside and called Lin Chaoyang, telling him that the Bank of East Asia suddenly contacted her and wanted to provide a loan to Lin's Pictures, and the conditions were very favorable.

"Is this what Li Sheng calls 'building good relationships'?" Tao Yushu asked on the phone. The reason why she asked this was because the Bank of East Asia was the property of the Li family.

"Yes!" Lin Chaoyang sighed softly.

Half a month later, Li Siu-fook suddenly announced through the Stock Exchange that he would take responsibility for the previous stock market crash and resign as chairman of the Stock Exchange. Also resigning with him was the Chief Executive Officer of the Stock Exchange, Xin Hanquan.

His right-hand man.

As soon as the news came out, it caused a sensation in Hong Kong.

It has been nearly 60 days since the Hong Kong stock market crash. Both listed companies, institutions and investors have suffered heavy losses. There are widespread complaints among the people. Li Zhaofu has long been accused by many media and money-losing investors as an "eternal sinner".

At this time, he led Zan to resign, which not only complied with public opinion, but also gave the Hong Kong government a step forward. Afterwards, Li Zhaofu learned from an old friend that the Hong Kong government had already been secretly planning.

If he had not chosen to commit suicide at this time, he would have become the first target of the Independent Commission Against Corruption's Dawn Operation in early 1988. After learning the news, Li Zhaofu was secretly shocked, but also extremely lucky.

He thought again of the eight words that Uncle Dong sent him, thought of Lin Chaoyang's face, and thought that this good relationship was really a good match.

On the day when Lee Siu-fook resigned as Chairman of the Stock Exchange, no one noticed that a hunting game was quietly going on.

On December 20, 1987, Hong Kong Peregrine Financing Company, which had just been established less than a week ago, made an acquisition offer to Yulang Institution on behalf of Lam Films, at a price of HK$0.5 per share. At the same time, the offer also came with conditions, and it must obtain Yulang Institution.

Only equity holdings of 67% and above are considered substantial.

The news was disclosed by the Stock Exchange and immediately aroused great repercussions in the Hong Kong stock market and society.

Since the stock market crash, the Xiangjiang stock market has continued to slump. The acquisition of Yulang Institution by Lam Films is the first acquisition of a listed company after the stock market crash, which has boosted some investors' confidence in the stock market to a certain extent.

But even this is not enough to generate such a big response.

The fundamental reason why this acquisition can have a huge impact is the huge disparity in size between the acquirer, Lin's Pictures, and the acquired party, Yulang Organization.

The predecessor of Yulang Institution was Yulang Book Company established in 1971. It was established more than ten years ago. After it went public in 1986, its boss Huang Yulang went around and tried to suppress it.

Not only does it monopolize most of the comic publishing business in Hong Kong, but it also sells comic copyrights to the United States, Japan, and Southeast Asia, and introduces daily cartoon copyrights, becoming the dominant player in the comic industry in Hong Kong.

It has also invested in printing, newspapers, magazines, real estate and many other fields, with a market value as high as HK$2 billion at one time.

For this reason, Huang Yulang himself was called the billionaire prodigy who "draws rainbows" by the Wall Street Journal of the United States, and his popularity was unparalleled for a while.

Compared with the once-famous Yulang Agency, Lin's Pictures, which was only established for two years, is not considered silent, but it is not considered a big company either.

In the past two years, Lin's Pictures has been developing at a rapid pace. However, the two film industry hegemons, Golden Harvest and New Art City, stood in the way. Later, Liberty always blocked the way. No one could have imagined that such a company could not take care of itself in the film industry.

He would even brazenly launch an acquisition of Yulang Organization.

What’s even more frightening is the additional condition they proposed: the acquisition will be considered complete only if they obtain 67% or more of the equity of Yulang Institution. What does 67% of the equity mean?

It is the absolute controlling power over the company. The major shareholders can enforce any major or general resolutions of the company without the consent of other shareholders. How confident is this to dare to issue an offer?

At its peak, the Yulang Agency was a behemoth for Lam Films. Let alone an acquisition, even if it was to snipe at the stock price, it would probably be too late.

It is a pity that a good man does not mention his courage. After the stock market crash, the stock price of Yulang Agency plummeted, and news came out that the boss Huang Yulang illegally sold shares. The stock price continued to fall. On the day that Lam Films made the acquisition offer, the market value of Yulang Agency was only

At HK$209 million, the stock price was almost ankle-high compared to its peak.

The takeover war was about to break out. In just one day, Lam Films had taken control of 36.5% of the equity of Yulang Organization.

There is no doubt that this acquisition war had started many days ago, otherwise Lin's Pictures would not have absorbed so many stocks of Yulang Institution in such a short period of time. Faced with the "Lin's Pictures" launch

"Blitzkrieg", Huang Yulang, who was negotiating copyright with publishers in Japan, was caught off guard and quickly flew back to Xiangjiang to organize a counterattack.

But at this time, he has long lost the courage he had before the stock market crash. He has lost hundreds of millions in futures. Some time ago, he has been privately reducing his holdings and pledging shares to fill the hole. Now he only holds 20.4% of the shares.

The stock price of Yulang Institution has plummeted, and the shares are worthless. He has not completely plugged the hole until now. Now he is suddenly faced with a takeover offer. It is really difficult for a clever woman to make a meal without rice. If you have no money, how can you compete with the acquirer for funds and keep the company?

Huang Yulang was so anxious that he approached his hometown friends Liu Luanxiong and Qian Guozhong to borrow funds.

But before the old friend's funds arrived, the Independent Commission Against Corruption received a report claiming that Huang Yulang had falsified accounts and obtained cash from Yulang Group to cover losses from stock trading.

On that day, a reporter took a photo of ICAC officers entering the Yulang Building to conduct a search. After the news was published, the stock price of Yulang Institution, which had soared due to the takeover war, fell accordingly.

Many stock investors knew that this might be news released by the acquirer, but they still did not dare to gamble. Everyone was afraid of the stock market crash. After finally getting a chance to recover their capital, few people dared to hold on to their stocks and enjoy the profits.

In just two days, Lin's Pictures had a huge increase in chips, but the funds it spent were not much higher than before. On the one hand, there was an ongoing acquisition war, and on the other hand, the falsified accounts came to light.

Huang Yulang was suddenly in a dilemma: should he want control of the company, or should he be free.

This issue did not bother Huang Yulang for too long. Just two days later, he was taken to the Murray Road headquarters by the Independent Commission Against Corruption for investigation. Although he was released on bail with HK$5 million the next day, Yulang Company was leaderless and miserable.

People's hearts were divided. Qian Guozhong, who had originally promised to lend him money, found no news after he was taken away for investigation. Liu Luanxiong responded by remaining silent.
Chapter completed!