Chapter 336
Time: 9:40, 10 minutes after the stock market opened.
Central, Exchange Square.
Hong Kong Stock Exchange.
Before 1986, there were four exchanges: Hong Kong Stock Exchange, Far East Exchange, Kam Ngan Stock Exchange, and Kowloon Stock Exchange, which were founded one after another.
But the four exchanges easily caused chaos in the stock market, so the Hong Kong colonial government officially closed the four exchanges on March 27, 1986.
Then the Stock Exchange officially opened on April 2, 1986, in the Stock Exchange building in Exchange Square, Central.
The trading hall, at its peak, accommodated more than 900 stock brokers.
At this time,
There were many retail investors in the trading hall, buying and selling stocks, busy and unbearable.
"Damn it!"
Some of the retail investors of the Electric Light Company had already started scolding.
"Electric Light's stock is falling so fast!"
"Someone is smashing the market!"
"Run! It fell 5% in 10 minutes!"
"Electric Light Company is hopeless, targeted by that Guan Zu!"
"That bastard Li Huanggua, never won against Guan Zu once, better run first."
There were also retail investors gloating on the side,
"You guys just don't learn your lesson, Cheung Kong Holdings, Watsons have fallen so many times, why don't you sell Boss Li's stocks quickly?"
"I thought Electric Light Company was a bit more stable."
"Damn, this cucumber is poisonous!"
"Gone, gone, hang the order and leave, damn it!"
Many retail investors scolded and sold the stocks of Hong Kong Electric Company, and then left the exchange angrily.
Turning back, they had to spit.
(Scolding in the exchange: Damn, if you want to spit, spit at Li Huanggua, why are you spitting at me?!)
Cheung Kong Group.
Boss Li walked into the lobby on the first floor with a dark face.
At that moment, all the employees felt a cold low pressure and quickly retreated.
Came to the elevator, waiting for the elevator to go upstairs.
The surrounding employees ran away like mice out of their nests, waiting for other elevators.
Got on the elevator,
Boss Li asked the secretary: "How is the stock side now?"
The secretary hurriedly said: "Already let the Financial Investment Department handle it, they have already arranged a trading team... They said, someone is smashing the market... The stock rose a while ago, it is estimated that someone sucked chips, and then smashed the market today."
Boss Li: "What about the press conference?"
Secretary: "Already prepared, all media notified, start on time at 10:00."
Boss Li nodded.
Soon, arrived at the top floor office, the person in charge of the Financial Investment Department was already waiting.
In addition, Li Da and Li Er were both there, as well as some people from the brain trust.
Meeting.
Boss Li looked at a former Legislative Councilor: "Have you found out the situation?"
A Legislative Councilor from the brain trust said: "Found out, when the Legislative Council meeting was divided yesterday, the first proposal was this electricity price proposal... Guan Zu finally became the committee chairman, next, the committee will investigate our Electric Light Company..."
Everyone was silent.
This is not a police investigation, nor an ICAC investigation, but a Legislative Council investigation.
The power is much greater.
Very tricky.
Another brain trust in the media said: "Now it is clear that Guan Zu's group is setting off public opinion, and in terms of public opinion, it is very unfavorable to our Electric Light Company..."
"We need to find a way to deal with public opinion as soon as possible..."
Everyone continued to be silent.
Deal with public opinion?
How to deal with it?
Say my electricity price is reasonable? You common people, should you use electricity 30% more expensive than people in Kowloon and the New Territories?
No matter what excuse, it cannot satisfy the public.
Boss Li knocked on the table:
"On the newspaper side, give the money that should be given..."
"At the 10:00 press conference, let the Operations Department come forward and tell the public that our Electric Light Company's operating costs are relatively high, so the price is relatively expensive."
Brain trust: "............"
This is just deceiving oneself.
Hong Kong Island is small, people are concentrated, unlike Kowloon and the New Territories, where there are mountains everywhere, how can the operating cost be higher than China Light and Power?
A top accountant in the accounting industry: "But once their audit arrives, it will be easy to find out our operating costs. Once compared, it will also be very troublesome."
Boss Li's head was splitting!
Hair fell out again!
A group of brain trusts discussed for more than half an hour, but didn't come up with any method.
Boss Li became angrier the more he thought about it.
Damn, Guan Zu checked him again!
And he was in the wrong.
I just want to make more money, is there anything wrong with that?
10:00,
The press conference officially started, and reporters from all TV stations and most newspapers in Hong Kong came.
The conference hall was extremely lively.
Under the flashes, Boss Li and the Deputy Director of the Operations Department (the scapegoat) came to the media hall of the press conference.
On stage,
"Friends of the media,"
Boss Li welcomed the many flashing lights, still steady,
"First of all, I want to make a statement regarding the social public opinion triggered by the electricity price increase today..."
"First, regarding the issue of high electricity prices..."
"Second, regarding the accusation of profiteering... I want to make it clear that the Electric Light Company has never and will never use its monopoly position to seek improper benefits. Every decision we make is based on the actual needs of company operations and the market environment, not for personal gain..."
Reporters asked questions one after another,
One reporter's wording was sharp: "Regarding the issue that the electricity price in Hong Kong Island is far higher than in the New Territories and Kowloon, is this because your company is using its monopoly position to obtain excess profits?"
Boss Li: "This point should be answered by our operations person in charge..."
The Deputy Director of the Operations Department stood out and defended: "I must clarify that the electricity price difference is not solely determined by cost. The demand for electricity in the Hong Kong Island area is more concentrated, and the requirements for the stability and safety of the power grid are also higher, all of which have increased our operating costs..."
A relatively upright reporter was directly amused: "Concentrated electricity demand, shouldn't it be lower costs? How did it become higher costs in your mouth?"
The Deputy Director of Operations had a dead pig not afraid of boiling water: "This involves professional knowledge, it's hard for me to explain to you all of a sudden."
Another reporter turned to Boss Li: "Mr. Li, have you considered lowering electricity prices to appease public anger?"
Boss Li looked sincere: "First of all, please allow me to explain, high electricity bills are not for the purpose of profiteering. Our costs, including raw materials, equipment maintenance, environmental upgrades, etc., are all continuously rising..."
The reporter pressed step by step: "In other words, Boss Li currently has no idea of lowering prices?"
Boss Li: "This needs to be evaluated, I can't give you a real answer yet."
Anyway, don't reply directly, drag it out.
A reporter: "Facing the upcoming investigation by the Legislative Council, how does your company plan to respond?"
Boss Li said sincerely: "We will welcome the Legislative Council's investigation with an open and transparent attitude and provide all necessary materials..."
Although Boss Li and the Deputy Director of Operations tried to show a sincere image at the press conference.
But in the eyes of many reporters, Boss Li's attitude still lacked no meaning of shirking responsibility and covering up the truth.
However,
Reporters were even more excited.
Boss Li, you just resist, the more intense you resist, the more excited we are!
Don't forget, Guan Zu is Boss Li's nemesis, and this time he came with the great power of the Legislative Council.
When the two sides fight, there will be a good show to watch.
Time quickly reached 12:00.
ATV noon news.
"Good noon, viewers! Welcome to watch ATV noon news."
"Next, please look at the first news... Regarding the electricity price issue that citizens are hotly discussing, we specially sent reporters to communities in the Hong Kong Island area to interview the local neighbors..."
The camera aimed at the residential building, one neighbor after another,
"Resolutely boycott high electricity prices..."
"Doing business without conscience..."
"Eating rice for nothing..." Host: "Everyone can see that most citizens are deeply disgusted by this high electricity price, and even cursed..."
"So, how does the Electric Light Company respond to such public opinion?"
The camera switched, and started playing the news of the Electric Light Company's press conference.
"At 10:00 this morning, Cheung Kong Group's Electric Light Company held an emergency press conference."
"Now, let us follow the camera of the front-line reporter..."
In the camera, Boss Li and the Deputy Director of Operations said a bunch of defensive words.
Seeing this, the citizens of Hong Kong were naturally scolding.
In a certain household, a housewife with a child was watching TV while eating lunch.
While watching, while scolding.
"Operating costs? Can it be higher than China Light and Power? Do you think we are fools?"
"Damn it, I won't buy things at Wellcome anymore!"
!.
In a certain tea restaurant, many neighbors couldn't help but start scolding when they heard Boss Li explain the reason for the electricity price increase, and the whole tea restaurant was like a vegetable market.
"He doesn't even want his face when he says this."
"What does he want his face for? What he wants is money."
"Damn it, boycott him in the future, don't go to his supermarket to buy things!"
Boss Li's office,
He was also watching ATV news, his face was iron blue.
The secretary next to him lowered his head, not daring to speak.
At 11 o'clock, Boss Li had already called Boss Lin, but Boss Lin said something like "want real news, let the public know the truth"...
Truth my ass!
Boss Lin must have participated in the shorting of the Electric Light Company.
Just in one morning, the Electric Light Company's stock price fell by 8%!
Many retail investors were selling, plus Guan Zu and the others were smashing the market, causing Boss Li to spend 500 million, only barely stabilizing the -8% situation.
At this time,
ATV news was not over yet, and was still playing.
"Until noon, the Electric Light Company's stocks were sold in large quantities, and the stock price has fallen by 8%... At the same time, Cheung Kong Group and Watsons' stocks were also affected, falling by 2% and 3%..."
"Our station specially invited stock experts to analyze this..."
The camera switched to the stock expert:
The stock expert belittled: "Electric Light Company is a listed company, in fact, its stock price has reached its peak now, it is impossible to continue to rise."
"Why? Listed companies don't talk about how much profit they have now, only about future expectations, but Electric Light Company has a very fatal shortcoming, it cannot expand its territory, its territory has been limited to Hong Kong Island, Lamma Island, etc., and the electricity usage is just so much, so its future expectations have been fixed."
"And now, the Legislative Council has started to investigate its electricity price, it is estimated that the electricity price will fall, I have great confidence in the Legislative Council on this point."
"In other words, Electric Light Company has no future, the current Electric Light Company is the future Electric Light Company. So its stock price is impossible to continue to rise."
A bunch of analysis,
Boss Li gnashed his teeth listening.
Hit the nail on the head!
Although Electric Light Company is a cash cow, the shortcomings are also very obvious, that is, there is no room for improvement, so he kept raising prices to improve the expectations of Hong Kong Electric.
The afternoon stock, it is estimated that it will fall again!
In the evening,
The Peninsula Hotel,
Guan Zu met with the three councilors again. In addition, there was a legal team, an accounting team, and an expert team, all arrived.
They didn't work for nothing, the Legislative Council had special funds. As for how to divide the money, it was up to Guan Zu and the three councilors. Guan Zu was relatively generous, which made them very satisfied.
Among them, the accounting team was the largest team, with 10 people, because the audit was more troublesome, so more manpower was needed.
"This is Mr. Luo Deyong..."
"He is a famous senior accountant, auditor..."
The accounting councilor introduced an old man to Guan Zu.
Guan Zu shook hands: "Hello, Mr. Luo, this time I have to trouble you..."
He looked at this Luo Deyong in front of him and recognized who he was.
It was the old accountant in "Anti-Corruption Storm 1", who endorsed the z-fund, regretted it later, and then revealed the criminal evidence of the z-fund to Lu Zhilian.
Luo Deyong smiled: "Mr. Guan, you're welcome..."
Soon after a banquet, everyone became familiar.
After three rounds of drinking, the atmosphere was heated.
Guan Zu raised his glass: "Next week, we will audit the Electric Light Company's finances, and at the same time evaluate its operations..."
"Tomorrow, we will meet at the Legislative Council building, and then go to the Electric Light Company together."
"I finally emphasize one point, act according to the law, be impartial, and seek truth from facts!"
"Thank you all for your hard work!"
"After the matter is over, I will celebrate for everyone!"
The three teams, everyone raised their glasses one by one.
"Cheers!!"
"Cheers!!"
A new day,
Hong Kong Island was still sunny, but Boss Li's mood was not sunny.
Boss Li had a tired look on his face and took a car to Cheung Kong Group.
Self-disciplined golf?
He couldn't take care of this kind of self-discipline anymore.
This morning's newspaper, he read reports from more than a dozen large newspapers, all of which were very pessimistic about the Electric Light Company. And the stock newspapers felt that the Electric Light Company's stock price was too high and did not meet the current situation.
Boss Li was worried, he clearly had spent money to find the Newspaper Association, hoping to suppress the news.
But it didn't succeed!
Could it be that he was bought by Guan Zu earlier?
He just entered the lobby on the first floor,
The secretary was waiting early and walked over quickly.
"Boss, just received a notice from the Lands Department, saying that at 10:00 this morning, the people from the 'Electricity Price Investigation Committee' will come over to station in the Electric Light Company to conduct financial audits, operational investigations, etc..."
"So fast?"
Boss Li sighed.
He couldn't refuse this matter at all.
What should come will come, I just hope those who audit can be a little soft-hearted.
"Can you find out who is coming for the audit?"
"The list was obtained after they had a meal last night. The leader of the audit, Luo Deyong, is a senior accountant recognized by the Hong Kong Institute of Certified Public Accountants (HKICPA), very famous in the accounting industry, and a famous auditor."
Boss Li: "............"
Headache!
Soon, 9:00 arrived, the stock market reached the call auction period,
9:30, the stock market officially opened, perhaps because of the belittling by the expert yesterday, the Electric Light Company opened directly at -9%, while Cheung Kong Group and Watsons were affected, opening at -3% and -4% respectively.
10:00 sharp,
Ding ding ding~~~ With the sound of the wall clock in the lobby,
Boss Li, the secretary, and the executives of the Electric Light Company were all waiting in the lobby.
Soon,
Five or six black Mercedes-Benz cars stopped outside the Cheung Kong Group building.
Whoosh~~~~
A group of people in black suits got off the cars.
The leader, Guan Zu, was upright and majestic.
Behind him, a team of more than 20 people, each holding a briefcase, eyes sharp, obviously fully prepared, and coming with bad intentions.
Under Guan Zu's leadership, the whole team's pace was powerful, stepping on and on, and walked into the Cheung Kong Group building.
The aura was so great that the entire lobby seemed to be shrouded in an invisible pressure.
Employees: "We are in big trouble!"
"Hahaha~~~"
Boss Li laughed and greeted: "Mr. Guan, see you again..."
Reached out his right hand and shook hands with Guan Zu lightly.
Guan Zu smiled: "Boss Li, sorry to bother you this time, I hope both sides can cooperate tacitly, complete the audit and investigation work as soon as possible, so I can go back and hand in the job."
Boss Li smiled: "Definitely, definitely!"
A friendly and harmonious picture.
The eyes of both sides met in the air, lightning and thunder...
"Damn bastard!"
"Damn it!"
——————————————
PS: 2+1 chapters, this chapter is an extra chapter for 10,000 monthly tickets. How about, when it reaches 15,000 monthly tickets, I add another chapter? Seeking monthly tickets~~~ mwah~~~
(End of chapter)
End of Chapter
