The sixth floor of a commercial building not far from the Kuala Lumpur Exchange has become the Malay headquarters of the Xinjian Department.
Among them, the Xinjian (Malay) Securities Department has also been officially established here, and has officially begun to enter the stock market.
In the conference room of the Securities Department, Li Jianhui said to the elites who came over: "The information of the companies listed on the Kuala Lumpur Stock Exchange that we are mainly targeting this time is in front of you. I have only one request, and that is to cause as much trouble as possible to their controlling shareholders.
.
If we can acquire it, we will acquire it; if we cannot acquire it, we must let these companies live in peace.
This time we will give you 1 billion US dollars to operate. How many companies you can win depends on your ability."
Li Jianhui's list this time mainly includes listed companies that are core members of the Nanyang Consortium, and there are also a few companies that he is more optimistic about, such as Berjaya Group, Huashani Holdings, etc.
Most of these companies can only look for trouble. There are not as many rules and regulations as in Xiangjiang, and the Chinese naturally want to firmly control their core industries in their own hands, so many companies have controlling shareholders of more than 50
% of the shares, it is impossible for the Xinjian Department to forcefully acquire it.
At 9:30 a.m. on Friday, as the Kuala Lumpur Exchange opened, the stock market, which had been quiet for a long time, set off a huge wave.
The stock prices of companies such as PPB (Glass Planting Company), Genting Company, Federal Flour Company, IOI Company, Yongli Power Company, Rainbow Company, Public Bank and other companies suddenly surged.
Not to mention the stock investors who were shocked by this trend, even the investment institutions were also taken aback and didn't understand why so many companies suddenly surged without any warning.
The Xinjian Securities Department doesn't care what the outside world thinks. They are sweeping the circulating stocks on the market and pushing up the stock prices of these companies step by step.
At Guo's corporate headquarters, listening to his assistant reporting on the abnormal stock prices of his companies and what was happening in the stock market, Guo Henian knew that it was the Xin Jian Department who took action.
The other party did not choose to slowly absorb shares at the bottom, but chose this extremely fast sweep to tell them that the confrontation between the two sides in Malay had officially begun.
He himself is not too worried. No matter PPB or Rainbow Company, Xinjian Department cannot take away his control.
What he is most worried about now is that after Xin Jian pushed up the price, he will start to sell these stocks and smash them. In that case, they can only protect the market, otherwise the company's stock price is likely to fall to freezing point.
He picked up the phone in his hand and contacted Qiu Deba, Guo Fangfeng, Lin Wutong and others who were currently in Kuala Lumpur to discuss how to deal with this situation.
After making a phone call, the news he got was worse than he imagined. Many companies in the Hong Kong Exchange and Sin Chew Exchange were also attacked.
The only difference from here is that the Xinjian system in those two places had already laid out its plans. They had been slowly absorbing shares at the bottom before, but today they hit the market as soon as the market opened. As a result, the stock prices of many listed companies under the Nanyang Consortium plummeted, and some leaders had to
Invest in buybacks to stabilize market sentiment.
Nubigian, Shi Huaiya and others who were far away in Xiangjiang felt very happy when they heard the news. Fortunately, Xin Jian pointed the finger at the Nanyang Consortium instead of continuing to target them in Xiangjiang. Otherwise, with the financial resources they showed
Even if they have the backing of HSBC and Standard Chartered, they will eventually suffer heavy losses.
On this day, Jiashi released the news that Xinjian Group had completed a new round of financing, led by Japan's Fountain Investment Company, followed by British Lip Investment Company, American Meiya Investment Company, and Xingsha Investment Company continued to invest in proportion.
20% of the shares.
Li Jianhui's shareholding in Xinjian Group was reduced to 51%. Japan's Source Investment Company invested HK$3.3 billion for 15% of the shares, British Lip Investment Company invested HK$2.2 billion for 10% of the shares, and American Meiya Investment Company invested HK$880 million for 10% of the shares.
4% of the shares.
This news not only caused headaches for Xiangjiang's opponents, but also made the Nanyang Consortium even more uncomfortable after receiving the news.
Originally, the Xinjian Department had abundant funds and was attacking them. Now that they are raising funds again, the situation they will face will be even more difficult.
And they also feel a little scared about the growth rate of Li Jianhui's wealth. It has only been a few months since the last financing. The initial post-financing valuation was only 12 billion Hong Kong dollars, and now the post-financing valuation has reached 22 billion.
Although Li Jianhui's shares have decreased, his net worth has increased by 1.62 billion Hong Kong dollars. This one billion Hong Kong dollars is enough to make a family in Hong Kong become a second-rate wealthy family.
Many people are already speculating whether Xinjian Group's valuation this year will exceed the market value of Standard Chartered and even HSBC.
The current total market value of Standard Chartered Bank is more than HK$34 billion, and that of HSBC is higher. It is currently more than HK$43 billion, almost twice the valuation of Xinjian Group.
However, the momentum of Xinjian Group is quite strong, especially the Tin Shui City project and the Tseung Kwan O Fai Hung City project. Once the sales of these two projects can reach normal levels, their market value will inevitably continue to skyrocket.
Li Zaiwei also held a press conference that morning, announcing that the Tai Lam Tunnel would be constructed by Wheelock Construction Company and that construction would officially start at 3 p.m. next Monday.
Each piece of good news has also boosted the stock prices of Xinjian listed companies and its allied companies to rise sharply.
At noon that day, Guo Henian and others who were far away in Kuala Lumpur gathered at the Garden Hotel. The table was full of exquisite dishes, but few of them had any appetite.
The Xin Jian Department's continuous actions today made them feel that the sky was overcast, and some people even wavered about continuing to confront the Xin Jian Department.
With the current strength of the Xin Jian Department, they have no hope of winning on their side. Even with the support of the Xinzhou Government, they are not enough to compete with the Xin Jian Department.
After all, the Sin Chew market and the Xiangjiang market are both too small. The main competition between the two sides is in other markets. In these areas, it is difficult for them to borrow power from the government. The two sides still rely more on their strength to compete.
Lin Wutong said solemnly: "Everyone is very clear about the current situation. Li Jianhui's purpose this time is directly on the table, and he is coming for us.
Our strength is limited to this, and there are only two paths before us now, one is to turn hostility into friendship with Xin Jian, and the other is to seek foreign aid."
The first path was basically ignored by those present. The competition between the two sides was multi-faceted. Even if they were willing to bow their heads, they were afraid that the Xin Jian Department would not agree.
As for finding foreign aid, I'm afraid it's not easy to find. The only ones who can suppress the Xin Jian Clan are the consortiums from the United States, Japan and other countries.
Just looking for them may lead to wolves entering the family, and uniting these consortiums to target the Xin Jian family may also cause many Chinese families to be dissatisfied with them, and may even affect their future entry into the mainland market.
Qiu Deba said: "I have contacted Xingzhou. The Xingzhou government wants everyone to rest assured and guarantee your control over its listed companies. The Xingzhou government can still do it. If you need funds, Xingzhou
The government will provide everyone with loan assistance through Sin Chew Development Bank."