Chapter 122 The whole family is scumbag
Throughout July, Fang Hexuan did four things.
1. Attend the groundbreaking ceremony of the two automobile factories in Shenzhen.
Second, participate in Wanda’s first land auction.
3. Clean up the Ma family and get the Oriental Daily.
Fourth, threaten Fang Jinpeng and set a trap for the Fang family.
At that time, Fang Hexuan gave his cheap "cousin" three months to prepare.
I don’t know what method this grandson used, but it only took him more than two months to trick his parents into buying the stocks of Mei-Han Enterprise, a subsidiary of Jianing.
Although the Fang family came to Hong Kong early, the family assets are actually only mid-level among Hong Kong's wealthy people and major families.
Assets worth more than 20 billion Hong Kong dollars include three companies and some real estate.
If we talk about cash available at any time, I estimate that this family cannot come up with 50 million in total.
In order to make the bait he put out more attractive, Fang Hexuan took the initiative to sell all of his 17.2% of Mei Han Enterprise shares to the Fang family.
On August 8, the share price of Mei Han Enterprise had reached HK$14 per share.
On September 9, the stock price rose to HK$1.
Seven days later, the stock price had reached HK$7.
On September 9, the stock price rose to HK$26.
Therefore, on the 26th, Fang Hexuan sold all of them to the Fang family at a price of HK$13 per share.
It was 2.8 Hong Kong dollars less than the stock price on that day.
Fang Hexuan holds 5180 million shares, and this discount alone is worth 1.45 million Hong Kong dollars.
When his "great aunt" Ye Meifeng heard about this good thing, she was so eager to exchange all the valuable assets in the family into Hong Kong dollars to buy Mei Han's shares.
However, the current head of the Fang family, Fang Hexuan's uncle Fang Jiade, is a bit smart.
He asked his youngest son Fang Jinpeng: "Why would people be willing to sell a stock that is rising in value?"
"My friend was in a hurry to raise funds to bid for a piece of land owned by the Hong Kong government, so he made up his mind to sell it at a loss."
Fang Jinpeng lied calmly.
Fang Jiade wanted to continue asking questions, but was interrupted by his wife Ye Meifeng next to him.
"Why are you asking so many questions? Many of my friends are buying shares of Carrian Macquarie. I heard that even the Deputy Secretary for Finance has bought some. What are you afraid of?"
Fang Jiade actually doesn't have much ability. If he hadn't relied on the fact that he was born a few years earlier, he would never have been able to get the position of head of the Fang family.
The person his father Fang Jingyao values most is his younger brother Fang Jiawei, who is also Fang Hexuan's father.
Therefore, Ye Meifeng, a Hong Kong native daughter-in-law, looked down on Lu Qiaoling and even persecuted Lu Qiaoling and Fang Hexuan.
Fang Jiade actually tacitly agrees and even supports it.
The Ye family is also a native family in Hong Kong, and its family strength is even stronger than that of the Fang family.
It would be more accurate to say that Fang Jiade is henpecked rather than loving his wife.
Therefore, as soon as his wife opened her mouth, the head of the Fang family no longer had the idea of continuing to ask questions.
This is not because he is simple-minded and would change his mind just because a woman interrupts him.
But the Carrian Group is indeed very popular in Hong Kong at the moment.
There is no one in Hong Kong's business community who doesn't know about this company.
Later, the entire investigation process of the Jianing case lasted for 1985 years from 1996 to 12.
This is because there are too many companies and influential people involved in this case.
Among them, there are dozens of companies and individuals who have been deceived. The highest-level individuals involved are said to include the Financial Secretary of the Hong Kong government and some foreign judges.
I can only say that Chen Songqing is truly a talent, comparable to Bernard Madoff.
This guy is not only bold, but also has a deep understanding of the human nature - greed. He frequently creates various non-existent acquisitions and transactions, and develops a company with no specific business into a group with dozens of subsidiaries.
Of course, most of the funds here were obtained by him from fraudulent loans from various banks or financial companies.
However, at present, Chen Songqing of the Jianing Group is a person that many Hong Kong businessmen want to curry favor with.
Based on Fang Jiade's mediocre qualifications, he would never have thought that this was a big pit.
It was also a deep pit carefully dug for him by his good nephew.
Ye Meifeng was eager to buy all the shares. Besides the fact that she could get a good deal, there was another reason.
Fang Jinpeng was also determined to sell everything. He told his mother the news that Fang Hexuan was also buying a large amount of Mei-Han Enterprise stocks.
He even said with pride that he had obtained this information through his multiple levels of connections.
Ye Meifeng's hatred for Fang Hexuan now exceeds that for Lu Qiaoling.
"How come you can't be killed? How did you go from being a small-time scoundrel to the richest man in Hong Kong?"
Ever since this crazy woman found out that Fang Hexuan had tens of billions of dollars in assets, she has been muttering about these two questions almost every day.
Naturally, she was also very concerned about how Fang Hexuan made money.
However, those who can enter Fang Hexuan's circle are basically the bigwigs in Hong Kong's business community. Ordinary small businessmen have no chance to say a word to the richest man Fang.
Therefore, although the outside world is very eager to figure out how the richest man makes money, the number of people who know what Fang Hexuan is doing recently can be counted on one hand.
Ye Meifeng hopes that Fang Hexuan will be in trouble, and she also wants to spy on how he makes money.
Therefore, when Fang Jinpeng told her the news, she became more determined to buy Mei Han Enterprise.
Fang Hexuan sold all his shares to the Fang family at a discount and made no loss at all.
After all, he bought 5180 million shares, of which 4000 million shares were purchased at HK$1.36.
The average purchase price for the remaining 1180 million shares was HK$6.8.
Overall, even if he sold it to the Fang family for 13 Hong Kong dollars, he still made more than 5 million Hong Kong dollars.
Besides, the main purpose of purchasing Mei-Han Enterprise stocks was not to make money.
It’s the Fang family that’s being tricked!
Sure enough, after all the shares were delivered on September 9, the share price of Mei-Han Enterprise continued to rise steadily.
On November 11, a few days after Fang Hexuan finished harvesting cucumbers,
Carrian announced a triangular dividend and issued bonus shares, two for every five shares.
The market responded very enthusiastically, and its stock price rose to HK$17.3 per share that day.
Since becoming a shareholder of Mei-Han Enterprise, Ye Meifeng has been paying close attention to the stock price of this listed company under Jianing every day.
Only one month has passed, and the stocks I bought at 13 Hong Kong dollars have now earned 2.22 million Hong Kong dollars.
It makes money much faster than the Fang family's hard work in import and export trade and running a hotel.
Ye Meifeng felt relieved, but when she thought that Fang Hexuan must have made a profit, she started to grit her teeth again.
Now that the fish has taken the bite, Fang Hexuan is just waiting to see the show.
If nothing unexpected happens, by November 11, the share price of Mei Han Enterprise will reach its peak of HK$5.
After that, its stock price kept going down and never went up again.
In order to prevent the Fang family from liquidating and running away, Fang Hexuan thought that he needed to give Fang Jinpeng some more tasks.
Or they may reveal some false "inside information" to deceive the other party into believing that the share price of Mei-Han will rise in the future.
As long as he can stabilize the Fang family for a period of time, he can act calmly.
Thanks to 戀×灬僤蒓 and 蟹肉堡大战煤鱼堡 for the monthly tickets!
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(End of this chapter)