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21, background, placard(1/2)

In the past time, Fang Nian had consciously observed the members of the front office and finally selected Liu Xi.

So a year or two ago, Fang Nian deliberately assigned all the capital-based companies, both publicly and covertly, to Liu Xi to manage.

These include some of the decisions made by Frontier Angels, the newly established Five Capital, overseas Chin, and even impact funds and Shunwei Capital.

On a side note, Fang Nian’s actual wealth composition is relatively complicated. Not to mention Forbes, Hurun, etc., even Fang Nian himself can’t figure it out;

Even if Frontier's equity is divested, Fang Nian's personal wealth is still huge and complicated, because Five Capital, Shunwei Capital, Dangkang, Qingliao are Fang Nian's personal shareholdings, and even Xiaomi and Meizu all have Fang Nian's personal shareholdings.

share.

So at that time, Lu Weiyu, who was initially moved by Fang Nian's direct transfer of 50% of the shares to herself, couldn't find the words to describe her mood after learning the truth.

Cry? Laugh? Dumbfounded? Happy to see the results?

All wrong.

In the end, Lu Weiyu only felt that this was her husband, who would always be so outstanding...

Therefore, compared with other members of the Frontier Office, Liu Xi’s appointment as chairman is smoother;

After making the decision, Liu Xi quickly managed a hedge fund owned by Overseas Chin to scan all computer industry-related stocks in the Hong Kong stock market.

In half a morning, more than US$500 million in capital was used.

Accounting for one-sixtieth of Chin's total management capital.

So... how is it easy to calculate Fang Nian's personal wealth? In the past two years, Fang Nian and Liu Xi have personally managed the overseas Chin business, and its development is beyond what ordinary people can imagine.

The total managed capital now reaches US$30 billion, of which the self-owned capital exceeds US$30 billion.

The opening price of Weilu1 Group today is HK$7.58, with a total share capital of 10 billion 2 and a market value of HK$75.8 billion. (1 Lenovo transliteration, 2 rounded)

After Liu Xi officially took charge, the entire computer industry-related shares in the Hong Kong stock market were shaken.

Among them, declining stocks are not the most volatile.

After all, the total market value is there.

Where there are buy orders, there are sell orders. The changes in the capital market have always been strange, and this time there is no logic.

As a result, the stock price jumped repeatedly at the price of 7 to 8 Hong Kong dollars.

It triggered a lot of discussions in the capital market.

Everyone is wondering why the most notorious hedge fund on Wall Street in recent years suddenly came to the Hong Kong stock market. It started with hundreds of millions of dollars in principal and used who knows how many times of leverage. Is it possible that it wants to imitate Soros?

Many domestic Hong Kong stock players are also very puzzled.

"What's going on in the computer sector?"

"This is a sunset industry, so why are there such a large group of overseas funds?"

"Don't think about it. I just went outside and checked carefully. This hedge fund is notorious on Wall Street. It does both short and long positions. Everyone almost shouted at me."

"So are you coming to Hong Kong to cut leeks?"

"Anyway, if you hold stocks related to the computer industry, run away quickly. This fund has a bad reputation, but its profitability is really scary. It is rumored that it will make billions of dollars this year;

This time we started with 500 million U.S. dollars, and we don’t know how much leverage we added. You have to know that capital is particularly fond of this kind of fund. It’s difficult for us to leverage a few times, but it has capital to guarantee a hundred times!”

"..."

Liu Xi did not make a decision blindly.

She consciously chose one of Chin's most notorious hedge funds, BitResearch, and did not touch it at all.

In this way, it only needs to show signs, and there is no need to actively use the media supported by Frontier to speak out overseas.

Everyone will naturally know that there are great risks involved.

If you are still staying and not leaving, then of course you can only apologize.

There are no innocent snowflakes in an avalanche.

Although Liu Xi looks quiet on the surface, everyone in the country is amazed by his cold-blooded manipulation of capital in the past two years.

Especially since Liu Xi fully understood the games behind his taking over as chairman of Qianfeng, Liu Xi's transformation was rare and very powerful.

Guan Qiuhe, who returned to Shanghai from Yangcheng later, was stunned on the spot.

After half a morning of hard work, the Hong Kong stock market was shocked, and stocks related to the computer industry were sold in extremely panic by investors.

Among them, the stock price of Weilui Group, which was actually under Liu Xi's "care", fell from the opening price of HK$7.58 to HK$7.03.

The market value evaporated by HK$5.5 billion.

And the infamous hedge fund named WolPeach, in the process, sucked in a large amount of shares of the Wandering Group.

It's still relatively scattered for now, so the morning ends here.

…………

After lunch, Liu Xi met with Gu Yu, Wen Ye, and Guan Qiuhe.

Several other people were not idle either. Wu Fucheng rushed to Luzhou in the morning, and Bai Zhou went to Jinling.

Tan Liu is in charge of the group to calm the internal turmoil caused by Liu Xi taking over as chairman.

In the office, Liu Xi handed over the information: "This is the most comprehensive background information. Let's learn more about it."

"The advantage of a listed company is that the information about major shareholders is transparent." Wen Ye smiled, took the information and read it.

"..."

Guan Qiuhe flipped through the information and couldn't help but complain: "Fang Nian is really good at escaping. Let Director Liu bear the name of disrespecting the seniors."

Hearing this, Liu Xi said frankly: "No."

"To have such a reputation, Mr. Fang has to bear it himself. The disagreement between Mr. Fang and Boss Liu this year has long been an open matter in the industry. Especially during this time in Beijing, Mr. Fang has long expressed his position."

Guan Qiuhe thought the same thing.

It was a completely public matter that Fang Nian did not dump Boss Liu, and not just once, but over and over again.

Although the two sides have never had a single interaction, their relationship has long since broken down.

Especially when Fang Nian went to the capital at the end of June, although Fang Nian didn't mention it much afterwards, everyone knew that Fang Nian was punished, and Mr. Li and Mr. Li asked about the relevant matters face to face.

I've already been torn apart.

There was even a period of time, such as after the Weiluo Group issued the letter of honor, there were rumors that Fang Nian, a young man, was young and arrogant...

In fact, the background information of the Withered Group can be said to be well known.

In 1984, the Institute of Computing Technology of the Academy of Economic Sciences invested 200,000 yuan and was founded by 11 scientific and technical personnel.

After 1996, the computer business sales ranked first in the domestic market.

In 1994, Weiluo landed on the Hong Kong Stock Exchange.

Because it is a listed company, the identity of the major shareholders is also very clear. Even if there are some cross-level shareholdings, it is quite clear to capital institutions.

As far as China is concerned, in terms of capital nesting dolls, there really is no one as good as Frontier.

After all, no matter how hard Wall Street tries, even the cia and the like can't reveal the relationship between Chin's company and Frontier.

In the current decline, the Academy of Sciences does hold a certain share.

It’s just that in the numerous share reform and matryoshka dolls that have declined, it has been diluted to an unsatisfactory level. When calculated comprehensively, it is 19.5%.

It is still the largest single shareholder.

However, during the collection and compilation of cutting-edge information, it was reported that Weiluo intends to push the Academy of Sciences to sell part of the 65% of shares held by Weiluo's parent company, reducing it to about 36%.

Weiluo Group has a simple matryoshka doll. It is Weiluo Group itself that is listed on the Hong Kong Stock Exchange, but Weiluo Group also has a parent company called Weiluo Holdings, and Weiluo Holdings holds about 30% of the shares of Weiluo Group.

The current major shareholder of Weiluo Holdings is the Academy of Sciences, accounting for 65%, followed by the employees of Weiluo Group, private enterprises, and several bosses.

Finally, after complete reorganization, the equity structure of Weiluo Group is roughly as follows:

Public shareholding: 65%.

Weiluo Holdings’ shareholding: 30%.

Top management shareholding: 5%.

Among these three major parts, Boss Liu’s shares are held by Matryoshka: 15.9%, and the total shares held by other senior executives are: 11.2%;

A total of 27.1% of the shares are held partly through Weiluo Holdings and partly through diversified holdings.

Of the total 100%, what the Academy of Sciences holds is included in the total 30% of Weiluo Holdings, accounting for 19.5%.

Therefore, although the Academy of Science and Technology is the single largest shareholder, it has actually lost its right to speak long ago because senior executives hold 27.1%.

Although the message is already clear.

But after all, the total number of shares held by the public is 65%, and the information here is very mixed.

Among them, two institutions raised placards because they exceeded 5%, and the combined figure was 11%.

No matter how penetrated these two institutions are, they have nothing to do with Weiluo, Boss Liu and others.

The remaining 13% or so is held by declining executives.
To be continued...
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