Chapter 618: Serial Set, Battle of Xiangjiang

The two brothers Li Kailong and Li Kaize hold far less than a two-thirds majority on the board of directors of Xiangjiang Telecom.

They were both worried about whether they could pass the test this time.

At the beginning, the funds invested in Wesley (South China) were only approved by the board of directors because of what Li Kailong said.

Now that such a huge loss has been caused, how can we explain it to the directors and all shareholders?

"Brother, can't we get on the Hon Hai ship?"

Li Kaize was very depressed. Although Xiangjiang Telecom's performance in his hands was not good, it had never made such a big mistake.

But since the eldest brother took over the company, his management style has been a bit aggressive. Of course, he also voted in favor of the investment in Wesley (South China), including the subsequent capital increase and share expansion, so he couldn't express his complaints.

"Haha, Lao Guo is just an old fox. He will not stay with all the original shareholders of the company, except the fruit company."

In fact, Hon Hai even kicked out the fruit company. However, they gave the fruit company special treatment. Not only did the fruit company not lose money on the equity transfer, but it actually made a small profit.

This shows that Hon Hai simply wants to turn all the assets of Wesley (South China) into a wholly-owned subsidiary of itself, and does not want to be subject to any constraints.

"Hey, there's nothing we can do about it. Let's discuss it with the directors. Anyway, if Wesley doesn't withdraw, he will be defeated by Hard Rock Technology and Hon Hai sooner or later, and he might not get a penny back."

Li Kaize sighed and arranged for his secretary to notify all directors to convene a board meeting.

Hu Yang didn't know how noisy the board meeting of Xiangjiang Telecom was.

It was only when Hong Bo told him the news that he learned that Xiangjiang Telecom finally approved Li Kailong's equity transfer plan.

Youdao is that the situation is stronger than the person. If you keep dragging it on, you will lose every day. It is better to cut the mess quickly, even if you stop the loss.

But someone had to be responsible for such a huge loss. Although Li Kailong was extremely reluctant, he resigned as chairman of the company and only assumed the name of a director.

The power of Xiangjiang Telecom was once again transferred to Li Kaizer, but he could only take the position of chairman. The position of general manager was given to a professional manager jointly promoted by several directors.

"Lao Yu, this time the status of the Li brothers in Xiangjiang Telecom has dropped a lot. What does the market think of the company's announcement?"

Hu Yang felt that Li Kailong had himself to blame. Perhaps he was spoiled in this three-acre area of ​​Xiangjiang. Boss Li could never tolerate the existence of his opponent in his eyes.

When did Hu Yang become enemies with Boss Li?

It probably started when he intervened in the second channel of the port area, and then repeatedly collided with the Li family at the land auction.

How can Boss Li, who has never suffered a loss in Xiangjiang, bear this? In order to take revenge on Hu Yang and his Huijia system, this guy repeatedly set the lower limit, but this time he got himself into a trap!

"Mr. Hu, Xiangjiang Telecom's stock price has fallen sharply recently, and it has now fallen below HK$20 per share. You see, the price at the moment is HK$19.93."

Yu Hongbo has been keeping a close eye on the trend of Xiangjiang Telecom. Before he came to Hu Yang's office, he also took a look at the time-sharing trend chart on the computer.

"It hasn't fallen far enough! It seems that the Li family's reputation in Xiangjiang is indeed not an exaggeration. Old Yu, how many stocks have you sold during this period?"

In order not to attract attention, Hu Yang asked Yu Hongbo not to concentrate on selling.

The issue of Xiangjiang Telecom is different from that of the Zeng family. Lao Li is known as "Li Bancheng" and has huge influence in Xiangjiang. Xiangjiang Telecom controlled by his two sons will not collapse so easily.

"In order to hide it, before the bad news came out, we only had time to sell 100 million shares, and the average price was around HK$24."

Yu Hongbo felt a little regretful, mainly because of the lack of time and the bad news from Xiangjiang Telecom came too quickly.

"Lao Yu, the trend of Xiangjiang Telecom is a bit strange. They suffered heavy investment losses this time. It stands to reason that even if investors have confidence in the Li family, they should not have fallen so much. Are there any rumors in the market?

?”

Hu Yang originally planned to suppress the stock price in one go and then wait to buy the bottom.

But the current trend of the stock price is a little strange, and he is a little unsure.

“I don’t know who spread the word that the Singapore telecommunications giant will inject capital into Xiangjiang Telecom and become the company’s second largest shareholder.”

The market has been buzzing with rumors in the past two days that Li Kailong will transfer part of his equity to Singapore Telecom and will also issue some additional shares to the other party.

The strong strength of the Li family, coupled with the capital injection from Singapore Telecom, has rekindled the hopes of many people. Therefore, Xiangjiang Telecom's stock price has not fallen much during this period, and it has already shown signs of rebounding.

"Lao Yu, pay close attention to the trend of Xiangjiang Telecom. If the stock price rebounds, we will take the opportunity to sell short the stocks we hold. If the rebound is weak, we will also sell, and we will just take advantage of the trend to sell off."

Hu Yang made up his mind, he couldn't hesitate on this kind of thing, otherwise he would miss the opportunity.

"Okay, boss, I'll get ready right now."

Yu Hongbo turned around and left Hu Yang's office. He was still very confident about this short selling operation.

The confidence comes from his own professional experience, and also from the myth that Populus euphratica has been undefeated for so many years.

Populus euphratica did not wait blindly. If he did not dig a hole for the two Li brothers, he would not be able to eat well or sleep well.

So in the afternoon, he made an appointment with Gao Mingkang to play golf. There were some things he wanted to talk to him about.

"Mr. Hu, I remember that you have never liked this sport. Why did you suddenly change your style today?"

Gao Mingkang would come to play occasionally, not just for the sake of playing football, but mainly for social activities.

Hu Yang has only come to the golf club a handful of times. He neither likes nor rejects this sport. He is basically outside the traditional business circle and is a relatively unique existence.

"I came here as soon as I thought about it. It was just a matter of a thought. Mr. Gao, how are you completing your layout in Xiangjiang?"

Hu Yang chuckled. He was telling the truth. You can't play tennis every time you ask Gao Mingkang, right?

Relatively speaking, Gao Mingkang likes a lot of sports and has a larger social circle than Populus Hu. Speaking of which, after getting to know Gao Mingkang, many people openly or covertly asked him to help introduce Populus Hu, which made him smile bitterly.

Populus euphratica doesn't like to hang out in circles, so Gao Mingkang naturally won't bring trouble to himself by always leading strangers to Populus euphratica.

"Our results in Xiangjiang are pretty good. China Mobile Xiangjiang has now established a firm foothold and is constantly encroaching on Xiangjiang Telecom's market share."

Speaking of technical strength, Mingkang Communications is not inferior to the established foreign manufacturers at all. When it comes to construction capabilities, it has left those giants behind by several avenues.

Take the laying of optical cables as an example. Mingkang Communications completed the project beautifully in a few months and less than half a year. However, Xiangjiang Telecom, which used foreign equipment, took at least a year and a half to complete.

This has resulted in the current situation. In terms of customer experience, China Mobile Xiangjiang has gone far ahead.

"That's good! Mr. Gao, I won't hide it from you. Xiangjiang Telecom has suffered huge losses in its foreign investments recently. It stands to reason that the stock price should fall sharply.

However, on the one hand, the media controlled by the Li family is still helping them clear the ground. On the other hand, there are rumors in the market that Singapore Telecom will take a stake in Xiangjiang Telecom.

Therefore, the stock price is still very strong.

I am considering whether you and China Mobile Xiangjiang can discuss and take this opportunity to seize more market share? On my side, I have also prepared a big gift for Xiangjiang Telecom."

Hu Yang didn't say what this gift was. With Gao Mingkang's understanding of Hu Yang, he would definitely dig a big hole for the other party.

Anyway, the grievances between the Huijia family and the Li family have long been an open secret, and Gao Mingkang is naturally very active.

He thought for a while and then said: "Then I will increase some subsidies for China Mobile Xiangjiang and launch a wave of preferential activities for new machines to join the network."

Mingkang Communications also has its own smartphones with good quality and reputation, but they are not as dazzling as the Charming Starlight series.

But Gao Mingkang is still very confident in his products.

"Well, I'll say hello to Charming Electronics later and ask them to cooperate with China Mobile Xiangjiang and hold this event together."

Hu Yang nodded and prepared to add some more chips.

With the participation of Mingkang Communications and Charming Electronics, the competition between China Mobile Xiangjiang and Xiangjiang Telecom will become more interesting.

"It's a small matter. I'll go to Xiangjiang myself later. Mr. Hu, it's getting late. How about we retreat? I'll treat you to a French dinner tonight."

Gao Mingkang likes sports, but he has never been obsessed with it. Seeing that the time was almost up, he planned to leave the golf course.

"Okay, let's go then."

It doesn't matter what you eat, it's just a way for everyone to connect with each other.

It was exactly nine o'clock when I got home after dinner.

The little guy hadn't slept yet, so Populus euphratica played with him for a long time.

"A Yang, Jiajia is here today. She said what happened to her, but fortunately she had your help, otherwise she would have really struggled to get through this. Well, she said she wanted to thank you in person."

After the little guy went to bed, Tian Sichun and Hu Yang returned to the bedroom together.

Then, she talked about Liu Jia.

"Well, there's no need to do this. I'm helping her just for Young Master Chen's sake. Let's just wait until we have time to have a meal together as a family and the matter will be over."

Hu Yang smiled slightly, knowing that this was a gesture made by Liu Jia. In any case, this man still knew how to be grateful, and after all, he did not help her in vain.

But there is no need to express his gratitude in person. What he said also gave Tian Sichun a step forward.

Tian Sichun knew that the man had prejudices against Liu Jia, so he didn't say much. The two chatted about family matters for a while before taking a shower and going to bed.

After the little boy Hu Yifei was one month old, Tian's mother returned to Jinling.

Li Guixiang and Hu Zhiguang returned to Yangcheng. The elderly on both sides would come to see the little one from time to time. In the end, Tian Sichun had to take care of the child himself.

Originally, Tian Sichun had a personal assistant and a nanny, so raising a child was not an easy task?

Hu Yang also felt that the old man still spoiled his children a little, and the current situation was the best.

Half a month in a hurry.

Xiangjiang Telecom finally waited for the inspection team from Singapore Telecom, and negotiations between the two parties on capital injection officially began.

Singapore Telecommunications was preparing to take over Xiangjiang Telecom back then, but was spoiled by Lee Kaiser. However, their desire to expand overseas has not changed, so they did not take advantage of this opportunity to make a comeback.

The stock price of Xiangjiang Telecom has been very interesting in the past two days. It has returned to above HK$20 and has broken through the price of HK$24 all the way.
To be continued...