New Year's Day is Friday, and the 2nd and 3rd are weekends.

The Hong Kong stock market was closed for the first three days of 2010.

The Ministry of Municipal Supervision did not wait for the working day of the 4th, but officially announced the end of the investigation of Mr. Fang Zhuo on the morning of the 2nd, believing that his behavior did not involve insider trading.

Hong Kong media "South China Morning Post" immediately commented on this: With the new year and new atmosphere, the city supervisor tenderly sent the Morning Star to Fang Zhuo as a New Year's Day gift.

But unlike its certainty, more media are still speculating after seeing this news, what kind of action Mr. Fang will take?

Since the news came out, Shanghai City has remained silent, and Morningstar has been more vocal.

Whether the directors increase their shareholdings or Taiwanese journalists increase their holdings...Shanghai is just silent.

What does this silence symbolize? Is Chenxing’s communication effective? Has Mr. Fang given up? Or, behind the silence is the toughness of the boss?

The richest man in the Mainland has a great reputation in Hong Kong. His previous disagreements with the Li family were the subject of many tabloid reports, and based on this, there are conclusive speculations about political and business relations.

But this year, Yike's patent was sued, and the situation was almost in danger, but the situation suddenly turned around. Killing hedge funds and pushing a Chinese man to the throne of the world's richest man is amazing, but it is not over yet. After a lapse of time,

A second long-short confrontation soon returned Mr. Fang to the Iron Throne, and finally established Yike's position as the strongest mobile finance company.

Such a thrilling financial war in the first half of the year also caused a stir in the financial center of Xiangjiang. To this day, the media is still talking about the details of the two financial wars with different processes.

And this time, as Fang Zhuo is targeting the "Cayman Morning Star" of Hong Kong stocks, a reporter from "The Sun" even expressed his personal position in an expectant tone: "Ms. Fang is finally here to show off Hong Kong stocks."

It seems that Mr. Fang's actions in the Hong Kong stock market are an honor for this market.

Such speculations by various media, including within Morningstar, were finally answered on the 4th working day. Hong Kong stocks opened, large orders were taken, and Morningstar's stock price rose strongly, rising 6% in one day.

Who else can be the main force in the stock market at this time?

The head of Morningstar immediately witnessed the rise in his stock price when the market opened in the morning, but he was not happy at all, as the last trace of hope was finally wiped away.

The person named Fang didn’t tell any lies...

He said that he would increase his holdings after the investigation was over. Did he not wait for a second and start buying immediately...

Liang Gongwei couldn't help but have some unnecessary considerations. The other party may be putting pressure on him. It may be words and smoke bombs. It may not be that he will absorb it in the near future. He may be concerned about public opinion, and may turn the short term into the long term... All possibilities have changed.

For bubbles!

even……

At eight o'clock in the evening, as an important shareholder holding more than 5% of the shares, Fang Zhuo disclosed his equity changes in accordance with the regulations of the Hong Kong Exchange.

When Liang Gongwei saw the latest shareholding, he was shocked and silent for a long time.

Before Fang Zhuo was investigated for insider trading, his shareholding was increased to 14%. However, today, in addition to absorbing shares in the secondary market to 3%, he also acquired a total of 10% from four directors Yang, Lin, Shi, and Xiao.

shares, which add up to 3%.

Only 7% of the shares remain before the mandatory tender offer.

It is foreseeable that Morningstar's stock price will definitely rise tomorrow, and it may be the day after tomorrow that Fangzhuo will launch a mandatory offer and issue a purchase price to all shareholders.

There were thousands of thoughts colliding in Liang Gongwei's mind. He didn't know how long it took before he picked up his cell phone that vibrated from time to time and saw the missed calls and messages from his directors and senior executives.

——Mr. Liang, what should we do? What should we do now?

What can be done?

Fang Zhuo just had more money this time, so he made up his mind, and he really wanted to do it hard!

Liang Gongwei understands the procedure of mandatory offer very well. When Morningstar is listed in Hong Kong, everything must be in accordance with the rules of the market. Now facing such a determined Fang Zhuo, there is only one way.

Drag first to prevent the other party from crossing the 30% mandatory offer line.

Let’s talk about it again. There are only 8 days left before the Extraordinary General Meeting of Shareholders on the 12th. The plan to introduce Taiwanese reporters through fixed increase bypasses the board of directors and directly votes on the shareholders on site, including reorganizing the board of directors, cleaning up the management and other matters.

As for how to delay, directly suspend the trading of "Cayman Morning Star", announce that there are major issues related to the company's asset restructuring that need to be resolved, and cut off Fangzhuo's access to funds from the source.

No matter what, Fang Zhuo cannot be allowed to make a successful offer before the shareholders' meeting begins, otherwise the shareholders' meeting will be meaningless.

Liang Gongwei was determined and immediately contacted the exchange to submit the company's voluntary application for trading suspension.

According to the rules, the trading suspension shall not exceed 20 trading days at most. This is enough to solve the problem. You must either solve Fang Zhuo yourself or be solved by Fang Zhuo.

After making several phone calls and contacting the bank, the island, and Taiwan reporters, Liang Gongwei also called in Rong Tianxing and others, asking them to lobby the company again.

Everything will end at the shareholders' meeting. As long as the board of directors is re-elected and the poison pill plan is adopted, Fang Zhuo's menacing attack will be completely defeated.

Liang Gongwei has led Morningstar to the present, and he is confident in his internal influence. The mainland department is indeed an important force in the company, but the Taiwan department is stronger.

In addition to the middle and senior managers in key positions within the company, Morningstar can also invite many Baodao companies. It is necessary to let them come to help this time and make sure that shareholders see their strong influence.

Even if this influence is not that solid, as long as the vote can pass 50% for a while, it is enough.

All the efforts were accomplished in one battle, on the 12th.

After Liang Gongwei arranged everything intensively, only director Rong Tianxing, who had also come all the way, was left in the room.

"Mr. Liang, this time..." Rong Tianxing was half-sentenced but not finished.

Liang Gongwei glanced sideways and saw the anxiety on the old man's face.

This time is indeed different. We are facing the wily Mr. Fang.

Others say that Mr. Fang is ruthless and shady. I tried it myself and it turns out that they are right.

If Mr. Fang really forces Morningstar Semiconductor into his pocket this time, isn't he afraid of the industry's disapproval?

Liang Gongwei took a breath and reassured: "Don't worry, his biggest advantage of capital has been cut off. After all, Morningstar is a company built by us, and the majority of shareholders will understand."

Morningstar’s surname is Liang, and the shareholder Mingjian.

…

On January 5, 2010, "Cayman Morning Star"'s voluntary application for a trading suspension was approved by the Hong Kong Stock Exchange. Morning Star, which had just risen sharply for a day, fixed the stock price at HK$68.

In the past half month, Morningstar has been constantly releasing news related to the company's future, and the four-day Christmas and three-day holiday on New Year's Day have made this news more widely spread.

Entering the new year, Morningstar had just opened its trading day. Fang Zhuo, an important shareholder, made a bold move, and the company immediately suspended trading. This undoubtedly once again verified the fierce conflict between the two parties.

With only one week left before the extraordinary general meeting of shareholders, where will this leading company in the TV main control chip market go?

At noon on January 5, the Baodao Semiconductor Industry Association issued a solemn statement in support of Morningstar Semiconductor and accused Fang Zhuo of deliberately using hostile acquisitions to undermine the stability of industry development.

That afternoon, the spokesperson of the Taiwan Journal also spoke out through the media, believing that what happened to Morningstar Semiconductor was cause for alarm, and denounced Fang Zhuo for his despicable methods and lack of business ethics.

At the same time, news leaked out that the protest from Baodao about the situation of Morning Star has been submitted to the relevant mainland departments.

Suddenly, the momentum of public opinion changed again. It seemed that Fang Zhuo encountered new difficulties in this acquisition.

That same evening, Fang Zhuo received an inquiry from the department above and received a tactful suggestion that it would be better to handle the matter peacefully.

Fang Zhuo only expressed two opinions.

"I signed an irrevocable letter of commitment with Morningstar shareholders Yang Weiyi, Lin Yongyu, Shi Deli, and Xiao Shuoyuan. The purchase of 10% of their shares has been at a premium of 30% and cost nearly 1.3 billion. Who can reimburse me for this cost?"

"Since everything complies with the rules of the Hong Kong Stock Exchange, of course we must follow the rules. Otherwise, why would we need rules? Rules are for protection, not destruction!"

Fang Zhuo became the guardian of the rules and his attitude was very clear.

However, he also softened in the end: "Now that Morningstar has suspended trading, I can't continue to absorb shares. Everything depends on the situation of the shareholders' meeting. I may not win. If I lose, Morningstar's situation will not be the same."

Change."

Seeing Mr. Fang's determination on the other end of the phone, he didn't say anything else. Indeed, the matter was undecided and the stocks were suspended. Although Mr. Fang had a black hand, it didn't matter if he didn't win. He would still be ridiculed.

.

Fang Zhuo put down his cell phone and read the acquisition team's report again. The company's initiative to suspend trading was also foreseeable. It was an offense and defense within the rules, and it was impossible for his side to stop it.

Therefore, the matter was indeed placed at the extraordinary shareholders' meeting as Mr. Liang wished.

As for the success or failure of the shareholders' meeting...

Fang Zhuo still thinks there won't be any problem. As I said, there is always a guarantee, and Morningstar's mainland team is not bad either.

The phone on the table received a new message.

Fang Zhuo took a look and saw that it was a complaint from Wang Fengyi on Yi Xin.

"Mr. Fang, the investigation was announced to be over in just a few days, why haven't I heard anything yet? Have they forgotten about me? This is not fair at all!" Wang Fengyi was referring to the fact that he had also been investigated before but was late.

Nothing has come to fruition yet.

Fang Zhuo replied: "Are you also the richest man in the mainland?"

Wang Fengyi was silent. The richest man in the Mainland is amazing.

Well, this time I went to Xiangjiang to show Morning Star how great the richest man in the Mainland really is.

As the first investor in China who followed the richest man in the mainland, Wang Fengyi is also going to attend the Morningstar extraordinary shareholders meeting this time. Shen Xin and idg both took shares of Morningstar together at that time. The number was not large, and now only 8% is left, but

It's better than nothing.

After a long time, Wang Fengyi still sent a message: "Mr. Fang, I checked the weather. It will be sunny in the next week. It will not hinder my flight to Xiangjiang."

Soon, he got a reply from Mr. Fang.

"Well, Brother Wang is strict."

Wang Fengyi realized that he could learn some advantages after being in contact with Mr. Fang for a long time.
To be continued...