manynovel Page 85
Page 85
Upon hearing the news, he sold 35% of his shares in Hong Kong Island Lighting at an incredibly low price of HK$3 at the opening bell.
That's why the price of Hong Kong Island lights dropped from HK$4.2 to HK$2.
Uncle Si deserves a lot of credit for this result.
He smashed the 35% of Hong Kong Island's electric lights in his hand with three dollars.
No amount of buyer funds could withstand the pressure.
It also led to buyers turning into sellers.
More panic selling occurred, causing Hong Kong Island Electric to fall from HK$2 to HK$1.
This presented Uncle Si with another good opportunity to buy Hong Kong Island Electric.
Uncle Si bought 51% of Hong Kong Electric's shares when it was HK$1.
They directly seized absolute control of the lighting on Hong Kong Island.
He only spent HK$11 billion.
His account balance was 70 billion minus 11 billion, leaving 59 billion.
Of the 59 billion, 4 billion was taken out and returned to HSBC seven days later.
Then he can sue HSBC and get compensation for HSBC's breach of contract.
The compensation for this breach of contract amounts to hundreds of millions of Hong Kong dollars.
In one round trip, acquiring Hong Kong Island's electric lights was essentially free.
Thinking of this, Ni Yongjun smiled happily and then transferred 30 million to his fourth uncle.
This is Uncle Si's handling fee, and it's what Uncle Si deserves.
Without his fourth uncle's superb skills, he wouldn't have earned so much.
...
The collapse of Hong Kong Island's electric lighting business has drawn the attention of everyone on the island.
They were all discussing how the price of electric lights on Hong Kong Island had dropped from HK$4.2 to HK$1.
Moreover, everyone says that Hong Kong Island deserves its electricity.
It's normal for Hong Kong Island Electric's stock to plummet because of the falsified annual report.
At this moment, on the eighth floor of the Mandarin Oriental Hotel.
"cheers."
Audrey Swire was celebrating with her assistant.
They celebrated the dramatic drop in the price of Ni Yongjun's HK$15 billion Hong Kong Island Lighting project to HK$3.5 million.
Therefore, they must celebrate.
Seriously, we just can't not celebrate.
Otherwise, this joyful feeling won't dissipate.
"Knock knock knock."
Just then, there was a knock on the door.
Audrey's assistant came over, opened the door, and took the latest information handed to her by her subordinate.
Upon seeing this, he was overjoyed and said to Audrey:
“Ms. Audrey, Ni Yongjun sold all 35% of his Hong Kong Island electric lights.”
"really?"
"Let me see."
When Audrey Swire heard her assistant say this, she walked over with delight and took a look at the latest information.
Sure enough, Ni Yongjun's accounts have already sold 35% of all the electric lights on Hong Kong Island.
They didn't keep a single share; they sold it at a loss.
"Great, that's wonderful."
"Finally, I got my revenge~".
"Although my family hasn't been destroyed yet, it's only a matter of time."
Audrey Swire said to her assistant with great delight.
"Congratulations, Ms. Audrey, Ni Yongjun suffered a huge loss of 12.5 billion this time."
"And he still has to repay HSBC 40 billion in seven days."
"Seven days later, Ni Yongjun's family was truly destroyed and he died."
The assistant loudly congratulated Audrey Swire.
"Yes, in seven days, my brother will be able to avenge his great grudge."
Upon hearing this, Audrey Swire spoke to her assistant while picking up her phone to call Zast, the chairman of Hong Kong Island Electric Company, who was instrumental in this success.
"Hey, Zaster."
“Ni Yongjun sold all 35% of the Hong Kong Island electric lights.”
"Sell at a loss and leave the market."
Audrey Swire was telling Zaster the latest information.
"really?"
"Great, I can finally sleep safely."
"I thought that the electricity control we've had over Hong Kong Island for decades was going to be taken away by someone else."
Upon hearing that Ni Yongjun had cut his losses and left the scene, Zaster breathed a sigh of relief and said to Audrey.
Because Hong Kong Island Electric is a cash cow, bringing in more than 100 million in profit every year.
Now we hear that the golden rooster that could produce gold has been saved.
He breathed a sigh of relief.
Because Ni Yongjun is too amazing.
He had to defend.
Today he also directly bought 10% of Hong Kong Island Electric at HK$2.
His total ownership of Hong Kong Island Electric increased from 30% to 40%.
Although it cost him 2 million, it still pained him deeply.
However, his 40% ownership of Hong Kong Island Electric shares made him feel much more at ease.
Before he could recover from his relief, the price of electricity in Hong Kong Island dropped from HK$2 to HK$1, causing him to lose HK$100 million.
Thankfully, I just received a call from Audrey.
When he heard the news that Ni Yongjun had cut his losses and left the market, he felt completely relieved.
Because Ni Yongjun has finally left.
You should know that Ni Yongjun is the man who acquired Wharf Holdings, Hutchison Whampoa, Hysan Development and Swire Properties.
This kind of strongman, even though he knows he has insufficient cash flow.
But if they don't leave the scene, no one can help but be afraid.
Because Ni Yongjun is too scary.
Zaster became increasingly agitated, so he couldn't stay at home.
Because this feeling of happiness lasted so long, it made him grin from ear to ear.
So he went straight out of his house to attend the dances that the Westerners held every week.
Although he rarely participated before.
But today, he was very happy, which is why he went to participate.
"Hey, Zaster, what brings you here today?"
As soon as Zaster entered the ball, a foreigner who knew him asked him a question out of curiosity.
"happy."
Because I'm happy.
Zaster took the glass of wine that was handed to him and answered smugly while sipping his brandy.
"Zaster, why are you so happy?"
Upon hearing this, another foreigner curiously approached and asked.
Because Zaster has always been a steady and cautious businessman, surprises are rare.
Do you know Ni Yongjun?
When Zaster saw the crowd gathering around him, he asked directly.
"of course."
"A very capable Chinese businessman."
"He acquired Swire Group."
"He also acquired Hutchison Whampoa."
Upon hearing Zast's question, the crowd chimed in with their own opinions.
"Today, Ni Yongjun failed."
"This Chinese businessman you all talk about, he fell into my hands."
As Zaster heard everyone praising Ni Yongjun, he became increasingly happy and said...
If such a powerful person could lose to him, then wouldn't he be an even more powerful person?
"really?"
"Will Ni Yongjun lose to you?"
"Impossible, right? With your cautious and steady approach, there's no way you could possibly run into Ni Yongjun."
Upon hearing Zast's words, the crowd questioned him in disbelief.
"real."
“Ni Yongjun wanted to acquire Hong Kong Island Electric some time ago, and has already acquired 35% of it.”
“But yesterday, HSBC asked Ni Yongjun to return the goods ahead of schedule.”
"And the repayment will be 40 billion."
"Today, the share price of Hong Kong Island Electric plummeted from HK$4.2 to HK$1."
“Ni Yongjun cut his losses and left the game.”
Zaster sipped his brandy while observing the surprised looks on everyone's faces.
"Wouldn't Ni Yongjun suffer a huge loss?"
"They're definitely going to suffer huge losses. HSBC is demanding 40 billion in advance repayment; they'll have to scrape together the money to return the goods."
"Isn't HSBC afraid of being sued by Ni Yongjun?"
"By the time the court rules, Ni Yongjun will have already gone bankrupt."
Upon hearing what Zast said, the group began to discuss it enthusiastically.
Bao Chuanwang stood to the side with a wine glass in his hand. His smile vanished the moment he heard Ni Yongjun leave after suffering a huge loss.
He then put down his wine glass and left the ball hosted by the foreigners.
After leaving the ball, Bao Chuanwang drove home while calling Ni Yongjun on his cell phone.
“Hey, Mr. Ni.”