The reason why Huang Yingjun wants to cut prices is to deal with Hong Kong Electric and China Power.
As a capable and angry young man, he has the same idea as Huang Junjie, which is to suppress the power of John's family in Hong Kong.
Hong Kong Electric is one of the 22 listed companies under the Li Kadoorie Group. As for China Power, even though it is called China Power, this company is actually a holding company of the Kadoorie family.
And this Kadoorie family is a Judah nationality of the Kingdom of Ella. They have no good impressions of these so-called chosen people of God, whether they are Huang Haojie or Huang Yingjun.
Galaxy Technology's cheap electricity can kill them. Unless they give up their own electricity and purchase electricity from Galaxy Technology or domestically, no one can bear the loss of billions of Hong Kong dollars every year.
As for vicious competition, the Xiangjiang authorities have nothing to do. After all, this is a capitalist market economy, and everyone competes based on their abilities.
I can make money by charging 0.4 Hong Kong dollars a time, but your skills are inferior to others. Do you blame me?
"How are the arrangements for our trip to Xiangjiang?"
"We'll be there on April 7, and all our food, clothing, housing and transportation have been arranged."
"How are the arrangements for my press conference to be held in Hong Kong Central on April 8?"
"The arrangements have been made. Whether it is the news media or the audience, we are ready. In addition, we will also adopt the method of live broadcast on the Internet."
"Very good! Go and do your work! Let me be quiet for a while."
"Okay." The assistant left quickly.
Huang Yingjun looked at the lights of Xiangjiang in the distance, touched his chin, raised the corners of his mouth, and picked up the phone on his desk.
"Hey, Sister Du, I am handsome."
"What are Mr. Huang's orders?" The voice on the phone was still cold.
"I will go to Xiangjiang on the 7th in a few days, and then prepare to hold a press conference on the 8th. Here's what happened..."
When Lisa Du on the other side of the phone heard this, she knew that the opportunity for the Meteor Show Group had come.
"I understand, we cooperate with each other."
“They’re all from my family, so you’re welcome!”
"It's okay, I'll hang up."
"OK."
…
Dongdao Meteor Shower Group Headquarters.
Even though it's late at night, the lights are still bright here.
As an international financial group, Meteor Rain Group has business all over the world, whether it is rice stocks, the London stock market in Xizhou, or the domestic Keelung Stock Exchange, Big A, and Xiangjiang stock markets.
Therefore, the Meteor Shower Group must operate around the clock to ensure that opportunities are not missed.
"Put these three pieces of news into the influencing factors of the Hong Kong stock market and let the calculations calculate the results."
The staff quickly entered the three pieces of information into the influencing factors of the Xiangjiang stock market and clicked Calculate for analysis.
In less than ten minutes, the results came out.
[Hong Kong Electric Company's one-day decline: 37~43%, five-day decline: 71~8o%, January's decline: 92~96%]
"Add in, the possibility of Hong Kong Electric and China Power purchasing electricity from the mainland, and calculate it again."
"ok."
Soon, despite appearing on the holographic display screen again, Lisa Du looked at these results and immediately ordered:
"Start going short tomorrow, Hong Kong Electric, China Power, Cathay Pacific, Swire Properties, Cheung Kong Holdings, Hutchison Whampoa."
"OK."
"receive."
All the traders got excited. They liked this kind of big job the most. One vote was worth half a month.
…
April 2nd.
Meteor Rain Group began to secretly sell off its previously held shares of Cathay Pacific Airways, Swire Properties, Swire Holdings, Cheung Kong Holdings, etc.
He also deliberately spread rumors that he was planning to acquire Hong Kong Electric Company and China Electric Power Company.
Immediately afterwards, he passed through the international market and entered the Xiangjiang stock market in a roundabout way. He began to build plank roads openly and covertly store up positions. Countless short orders were quickly rushing into the Xiangjiang stock market.
The six companies that were focused on were Hong Kong Electric, China Power, Cathay Pacific, Swire Properties, Cheung Kong Holdings, and Hutchison Whampoa, which immediately suffered from short selling.
Among the six listed companies here, CLP Power is controlled by the Kadoorie family. Michael Kadoorie is very sensitive to market changes.
As a Jewish man, Michael Kadoorie can be said to be a wily old fox.
In fact, the market value of CLP Power has continued to evaporate this year. The total market value, which was previously as high as more than 200 billion Hong Kong dollars, is now only about 94.7 billion Hong Kong dollars.
The main reason is that Tianhan Electric Power Company is attacking the city.
Although Michael Kadoorie has visited the mainland many times to discuss the issue of electricity prices, the most preferential price offered by the mainland is 0.52 Hong Kong dollars per kilowatt-hour. Adding transportation losses and the like, there is not much money to be made.
As for CLP Power’s own power station in Xiangjiang, the cost is 0.41 to 0.45 Hong Kong dollars per kilowatt-hour.
There was no competition from Tianhan Electric Power before. Their electricity price was 0.95 Hong Kong dollars per kilowatt-hour, and the profit for one kilowatt hour was about 50%.
Another power company, Hong Kong Electric Company, charges HK$1.24 per kilowatt-hour.
However, since the entry of Tianhan Electric Power, CLP Power and Hong Kong Electric Company have had to lower their electricity prices.
Michael Kadoorie suddenly thought of a possibility, if Tianhan Electric Power Company lowered its prices again! He immediately understood that this was definitely the Galaxy Consortium that wanted to take over China Power and Hong Kong Electric Company.
Facing a terrifying opponent like the Galaxy Consortium, his face suddenly became extremely gloomy. What should he do? Michael Kadoorie walked in the office while racking his brains to think of countermeasures.
"It seems that this is the only way." Michael Kadoorie seemed to have made a difficult decision:
"True!"
"gentlemen!"
"Drive to No. 127 in the Mid-Levels Villa Area."
"OK."
…
Cathay Pacific Airways and Swire Properties are holding companies of the Swire Group. Schweide was also thinking about the changes in the stock market today.
"What do you think Devin?"
Lin Dewen is the president of Swire Holdings. He said with a solemn expression:
"Mr. Schweizer, I'm worried that Meteor Show is up to something, deliberately shorting our stock, then leading the public to sell, and then secretly raising funds."
"Then you mean, we take the initiative to increase our holdings?"
"My idea is to proactively increase our shareholdings to ensure the stability of the stock price and suppress the short-selling forces."
Schweide nodded: "Just follow the German meaning and increase your holdings in Swire Properties and Cathay Pacific."
As for Li Jiacheng, who had three listed companies blocked this time, he is also thinking about the ideas of short sellers.
Among the three companies, HK Electric, Cheung Kong Holdings, and Hutchison Whampoa, HK Electric is in the power industry, while Cheung Kong Holdings and Hutchison Whampoa's main business is real estate.
He could understand that Hong Kong Electric was shorted, but Cheung Kong Holdings and Hutchison Whampoa were shorted, and Li Jiacheng was puzzled.
Is the property market in Xiangjiang going to decline? There is no reason. Any disturbance in Xiangjiang cannot escape his eyes. In his estimation, the property market in Xiangjiang can prosper for at least ten more years.
"Daze, do you think there are any situations that will cause the Hong Kong property market to suddenly plummet?"
Li Daze started thinking hard, and after a while he couldn't think of a reason:
"Unless the north directly enters Xiangjiang, or a large number of low-cost houses suddenly appear, the Pearl River Delta will completely open up restrictions and allow Xiangjiang residents to buy houses in the mainland."