Chapter 437: Azure Dragon Securities Exchange

Yang Qing's acquisition of the Milk Company quickly spread across Gangdao.

The illustrious Sir Zhou actually became Yang Qing's subordinate.

Even more unacceptable, at the press conference Sir Zhou warmly grabbed Yang Qing's hand and called him "nephew".

Yang Qing's meteoric rise soon attracted the attention of the Four Great Trading Houses.

Among them, the merger maniac Qi Dezun was the most curious about him.

Having already expanded his business into every industry on Gangdao, Qi Dezun found that Yang Qing opened companies at a speed no slower than his own.

The key is that this guy succeeds in a field as soon as he enters it.

Toutiao News has already become the number‑one newspaper on Gangdao.

Many Stars is now the top appliance brand on Gangdao.

Benefit is the leading restaurant chain on Gangdao.

Shunfeng Express is the foremost transportation service on Gangdao.

The Imperial City now possesses a scale that is almost the apex of Gangdao, and it continues to develop rapidly.

Whether Yang Qing has any other impressive industries, he does not know, but given his ability, he is worth paying attention to.

"Send someone to thoroughly investigate this person's background."

If an opportunity arises, take a bite; if not, prepare slowly, and act when the chance comes.

Yang Qing's flesh is now so fragrant; if there's a chance, who wouldn't want a bite?

Yang Qing has already had Wang Lin take over the Milk Company; the land must stay under control, and now that it isn't being developed, it will be developed later.

Some clever people have already seen the chance, rushed to the exchange and bought at a price of 42, but the order lingered for hours with no sellers.

The next day, he raised the price to 57 (couldn't find the exact price at that time; later it rose to 200, 68's 42 should be about the same).

Yet the whole day still saw no sell orders.

And the number of people who realized this was a chance kept growing.

On the third day, he listed at 67; by afternoon the price jumped to 76 before a single lot was executed. (One lot equals one hundred shares; not sure if that was the case then, can't find data, anyone have a source, thanks.)

A week later, the Milk Company's stock price stabilized at 89 yuan.

Afterwards, the Milk Company posted an announcement of an internal shareholder share swap.

As Yang Qing said, this is a private matter and does not affect the public interest, so it caused no problem.

The soaring stock price made Zhou Xinian want to issue new shares.

Of course Yang Qing would not agree; issuing new shares would dilute his stake, and later Zhou Xinian might seize the chance.

Moreover, Yang Qing wants to split the listing, completely separating from Wan Ning and Beneficial Health.

To achieve a profit split of the Milk Company.

The heat brought by the Milk Company gave the dormant stock market signs of a rebound.

In July 1968, Li Fu Zhao, after much effort, finally obtained a securities business license and founded the Yuandong Exchange.

Behind this, Tian Guoli, Hu Lianxi, and Yang Qing all put in great effort.

At the moment the Yuandong Securities Exchange was established.

Yang Qing immediately carried out the split‑listing of the Milk Company on the Yuandong Securities Exchange.

The Milk Company, Wan Ning, and Beneficial Health began to push for a split listing.

Li Fu Zhao, with his rich financial experience, was well‑versed in the Milk Company's split and listing.

He kept the Milk Company's shell, then performed a split‑swap for new shares, while Wan Ning and Beneficial Health combined into Wan Jia Hui for listing, and then allocated new shares to the original Milk Company shareholders proportionally.

The operation was very complex, but thanks to Li Fu Zhao's extensive experience, the company did not experience major fluctuations.

The most impressive thing is that after a write‑down of the face value, the new Milk Company's market cap quickly rose from around 50 to 76.

It quickly rose from about 50 to 76.

It turned out that many uninformed people bought the new Milk Company thinking it was the old Milk Company.

This is equivalent to the new Milk Company having almost the same value as the old Milk Company.

Compared with before, the Milk Company's stock price directly quadrupled.

To acquire the Milk Company, he spent about 170 million, and Xuanwu Investment Bank also spent over 30 million.

Now he owns 75% of the new Milk Company, worth over 500 million.

His assets doubled directly.

Now he can sell a portion of the shares to repay the bank's money.

But that isn't needed now; the real estate market has already begun to recover, and property values are rising rapidly.

Banks are very courteous to premium clients; they not only don't press for repayment, they even chase you asking if you need money.

The successful listing of the new Milk Company brought Yang Qing unprecedented adulation.

Yang Qing's rise to riches began to be reported wildly across Gangdao.

Toutiao News didn't care whether the boss was its own, and ripped the boss's background to the ground.

Ordinary people only then learned that Many Stars and Benefit actually belonged to that family.

At that moment, customers who realized they had bought the wrong stock started to sell, and the price began to fall.

At that very time, the new Milk Company's stock, buoyed by idol worship, attracted many buyers and pushed the price back up.

The stock price surged to 96.

Yang Qing almost went mad.

This isn't 1973 anymore; it hasn't gone that far crazy.

Are these people insane? The new Milk Company is approaching a ten‑billion market cap; how can the Four Great Trading Houses survive?

Of course Yang Qing cannot let this bubble burst; he must hold firm.

Afterwards he had Imperial City announce that New Milk became Imperial City's subsidiary.

Imperial City will cooperate with New Milk Company to develop the milk company's land.

Imperial City's announcement gave the milk company's stock price a basis of value.

After the stock price fluctuated around 90 for two months, it settled at 89 yuan.

At the same time, Tian Guoli and Hu Lianxi, after two months of effort, officially established the Azure Dragon Securities Exchange.

(Abroad, green indicates a rise, red indicates a fall.)

Unlike the Yuandong Securities Exchange, the Azure Dragon Securities Exchange did not receive any fanfare reporting.

The exchange is ours, so Yang Qing's demands for the Blue Dragon Exchange are very high.

The founder must be young, possess a unique technology, or have sufficient market dominance.

All three conditions must be met to qualify for listing.

That's not all; Yang Qing also has high demands on the founding team's shareholders and senior executives: they may not reduce holdings at will, and any reduction must be announced a month in advance.

Delisting occurs if performance shrinks for two consecutive years, or the company is found to have major fraudulent activity.

Tian Guoli did not understand Yang Qing's meaning.

"General Manager Yang, by doing this, are we sabotaging ourselves?"

"This exchange, of course, the more people the better; by doing this you limit our scale, and without scale where would the people come from?"

Yang Qing shook his head firmly.

"That's wrong; the exchange, important client protection—only by providing good products can we retain people."

"The Blue Dragon Exchange is not the only one, so there will be competition; wherever is reliable, that attracts people."

"A large amount of junk stocks not only fails to create value, but also scares away clients."

"We are not doing a one‑off transaction; we aim to build a centennial enterprise, so we must consider the customers, enable listed companies to raise capital, and let investors buy reliable companies."

"This is a two‑way sprint."