Chapter 773: Chapter 755: The Great River Flows East, Washing Away All Waves

“Mr. Qi, you have to understand me, after all, this is just over five percent equity, not over eight percent equity.”

Lu Liang looked relaxed and casual, and continued, “Even if we acquire the 5.x percent held by HSBC, we still need to make up the rest from the secondary market, unless you can convince Mr. Zheng to transfer another 3.x percent equity to help us achieve absolute control.”

Qi Yaonian stated directly, “As for New World’s matters, HSBC will no longer interfere, Mr. Lu, just name your price.”

Lu Liang raised his eyebrows, already confirming that the two parties had completely fallen out, he pondered for a long while and said, “Then let’s use a market value of 150 billion Hong Kong Dollars.”

Qi Yaonian’s eyes widened abruptly, choking with fury, he almost couldn’t breathe, he forcibly suppressed his anger, “Mr. Lu, are you joking with me?”

As of this second, New World’s stock price is 147.18 per share with a market value of 340.8 billion Hong Kong Dollars.

Calculating based on a market value of 250 billion is already demonstrating great sincerity, yet Lu Liang is still pushing the envelope.

“Mr. Qi, there’s no need to get angry.”

Lu Liang smiled pleasantly, decisively shifting the blame onto Old Xu, “You know, we’re only assisting Hengtai, Mr. Xu disagrees, what can I do?”

Without HSBC’s support, the Zheng Family’s ammunition would run out, and it’s just a matter of time, and the time won’t be long.

Once the Zheng Family falls, the winner will emerge.

By then, the equity of New World would lose its value to be contested.

So even if the talks collapse, it doesn’t matter, as they could always acquire from the secondary market.

It only means spending more, and I’m sure Old Xu will agree.

Qi Yaonian was grinding his teeth in hatred, but had no choice but to smile and say, “Whether Mr. Xu agrees is actually up to you, Mr. Lu.”

“You can’t say that, we at Tianxing Finance are just assisting Hengtai, everything still revolves around Mr. Xu’s decision.”

“So does it mean that you, Mr. Lu, can’t make the decision?”

“Mr. Qi, you’d best contact Mr. Xu.”

“Okay, goodbye.”

After ending the call with Qi Yaonian, Lu Liang went to the reception room, Old Xu was taken aback, “Mr. Lu, why are you out here.”

“No time to explain…” Lu Liang briefly explained the context, “Mr. Xu, agreeing at 180 billion is acceptable.”

Hearing about Lu Liang’s aggressive tactic, Old Xu looked puzzled, “Do you really think Mr. Qi will come to me?”

It’s said not to embarrass someone directly, as it hurts pride, yet Lu Liang went straight for the face, who could tolerate that?

If he were him, even if the equity became worthless, even if it rotted in the ground, he would never approach Lu Liang again.

“Qi Yaonian is a professional manager, professional managers only care about performance, not pride,” Lu Liang smiled.

If Qi Yaonian cared about face, he wouldn’t approach him.

The choice to approach him signifies interests are more important than pride.

Just as he finished speaking, Xu Jiayin’s assistant knocked and entered, whispering by Xu Jiayin’s side.

“The call really came.” Xu Jiayin was taken aback.

“I need to use the restroom.” Lu Liang nodded, leaving Old Xu to the private conversation.

A few minutes later, he came out after wiping his hands.

Xu Jiayin’s eyes sparkled with excitement, “Mr. Lu, I’m heading to HSBC, going to sign the letter of intent now, for 5.145% equity, at a selling price of 9.261 billion Hong Kong Dollars.”

“Alright, keep me posted.”

With that, the two parted ways.

By eleven in the morning, the battle over securing shares in New World Development Group was still fiercely ongoing.

The stock price rose from the previous trading day’s closing price of 89.2, surging past 100, 120, and 150, and was about to challenge 160 per share.

Suddenly, rumors spread that Xu Jiayin appeared at HSBC, suspected they handed over their New World equity.

“The market makers have so many tricks, trying to trick us out of our chips, this time I won’t fall for it no matter what.”

“You think it’s a trick? HSBC has even announced that they’re transferring their 5.145% equity, the grabbing battle is over!”

“Where did this information come from? Is it reliable?”

Confused retail investors were still questioning the source, while savvy ones had already started heavy selling.

For a moment, New World’s market conditions abruptly changed from a buyer’s market to a seller’s market.

Tianxing’s side already held 41.358% equity, and after two and a half hours of morning trading, adding HSBC’s 5.145%, it’s highly likely they’ve controlled New World.

The conclusion of any share grabbing war ends with one party obtaining control.

Once the chips lose the value to be competed for, the high premium will no longer exist, and the stock price will start a freefall.

Keep in mind, the Hong Kong stock market has no limit on price fluctuations, meaning it can rise by 78% today or fall by 78%.

Every retail investor was scrambling to cash out; the market was flooded with selling chips.

Lu Liang also instructed Wen Chao to proceed with the final buyback.

HSBC held 180 million shares, by the morning’s two and a half trading hours, they had acquired 92 million shares.

Only the last 12.5 million shares were needed for Hengtai Group’s holding ratio to reach 50.1%.

At eleven twenty-two, Hengtai Group announced they now hold 50.1% of New World Development Group’s equity.

“Is it over?”

“It’s over!”

“That was unbelievably fast.”

“The Zheng Family’s New World has changed hands just like that?”

“There’s only wrong naming, never wrong nicknaming, Lu Liang sure is a quick gunslinger.”

“Help, I haven’t even gotten off yet~~~”

“Being greedy over a divergence of thoughts, losing money in this market isn’t worthy of sympathy.”

The news spread, public opinion was in uproar,

and New World’s stock price instantly plummeted.

The 160 per share, became a gap that could be insurmountable for a lifetime, and it immediately began a free descent.

Market value dropped from a high of 367 billion, plunging toward 300 billion, 250 billion, and 200 billion.

Lu Liang instructed Sun Yutao to tally the total amount of funds before and after, so it could be compiled into a report for him.