Chapter 527: and then translation of title
On the premise of not affecting the declining trend of Harmony's stocks, gradually acquire shares of Land and Harmony.
Yang Qing instructed Lin Cong to continue the layout; he wants to keep accumulating strength.
Lin Cong, for this plan against Harmony, can be said to have exhausted all of the Yang family's connections; otherwise a raid of this magnitude on Harmony could not have been carried out so secretly.
It was only now that Mai Lihao, together with Shen Bi, discovered the problem; behind this share‑swap operation there is another hidden hand.
But now everything is already too late; they already have a hand on it.
Moreover, whether it is Land or Harmony Trading's stocks, they have all begun to fall.
Governor's Office
If the corresponding listed companies have no foreign debt, that's fine; but if they have borrowed from financial institutions, it can easily trigger a circuit breaker.
To put it simply, it's a case of assets being less than liabilities; banks and other financial funds' risk increases, and they will demand Harmony to provide additional collateral or commence debt collection.
It so happens that over the years Harmony has been siphoning funds from Gangdao to make overseas investments.
At the same time Harmony also promoted the construction of Kowloon Warehouse Harbour City, which consumed a huge cash flow.
Moreover, to cash out this time, Harmony borrowed a large sum from HSBC.
Now Harmony, with little cash and a mountain of debt, can be said to have almost no ability to cope with the crisis.
Moreover, Harmony's crisis‑response ability now is so sluggish it is outrageous.
When Land and Harmony each suffered a ten‑percent plunge, Niu Bi Jian was still discussing with Mai Lihao and Shen Bi how to handle the Charter King issue.
Kowloon Wharf Harbour City
They had just finished discussing, and called Baodegang over to negotiate.
At this point, they only then learned that Harmony had been subjected to a sell-off.
Niubijian hurried back to Harmony, and had Henry Kaishek come over to negotiate with Baodegang.
Their best option now is to sell Kowloon Warehouse to Baodegang, then use the proceeds to stabilize the stock price.
Henry Kaishek and Niubijian don't get along, thinking he is indecisive and messed things up.
Upon arriving at the Governor's Office, he had not yet greeted Mai Lihao and Shen Bi before rushing over to Baodegang.
He, full of foreigner's aura, pointed at Baodegang and shouted.
"Baodegang, do you dare to break the contract?"
"You think the international situation has changed, and we Yinglian people can no longer handle you, right?"
Mai Lihao and Shen Bi's faces froze instantly upon hearing that.
Baodegang is now obviously emboldened, and you're still threatening him.
What are you thinking?
Baodegang also gives Henry Kaishek face.
He slapped the table with a palm and stood up.
"Since you Harmony are so formidable, I see no need to negotiate."
"Goodbye."
After saying that, he was about to leave.
Mai Lihao and Shen Bi hurriedly grabbed him.
"Boss Ba, Boss Ba, don't get angry; we're all here for Earning Money, no need for a quarrel over pride."
"Boss Ba, think about it: Gangdao real estate is already recovering, and Kowloon Warehouse is such a high-quality asset!"
"Within ten years, you can earn back double."
Afterward, Mai Lihao rebuked Henry Kaishek.
"Henry, are you here to solve problems or to create them?"
"Harmony's situation isn't great right now; if someone launches a sneak attack now, can Harmony hold out?"
"I'm telling you, we've gotten word that someone is plotting against Harmony, not wanting Harmony to run into trouble."
"Hurry up and apologize to Boss Ba."
Shen Bi also threatened.
"Harmony's loans from HSBC are already too much; HSBC won't provide further financing to Harmony."
"You'd better figure it out."
Shen Bi and Baodegang get along well, with no intention of protecting Henry Kaishek.
Because they know the one really putting up the money is Baodegang, and he is the financial backer.
You, Henry Kaishek, are merely a cousin of the Zhadian and Madichen families, a minor shareholder of Harmony, with little equity.
You're just a spokesperson, a lackey; by harming other families' interests this way, if the Yinglian people find out, believe it or not, they'll beat you to death.
Henry Kaishek was subdued by a round of threats and fell silent.
Under the threats of Mai Lihao and Shen Bi, he had no choice but to lower his head.
"Sorry, Boss Ba, I was rude just now."
Under the pressure of Mai Lihao and Shen Bi, Baodegang snorted and had to sit back down.
But he kept a cold face, showing no intention to negotiate.
This matter is between Harmony and the Ba family; Mai Lihao and Shen Bi also couldn't possibly favor Harmony too much.
Mai Lihao could only advise from the sidelines.
"Boss Ba, weren't we in agreement? How did you change again?"
Baodegang didn't say much more, and directly said.
"I have already acquired 49% of Kowloon Warehouse's shares."
"In the struggle against Harmony, we have already won."
"Why do we still have to buy Harmony's shares in Nine Empty Warehouse at a high price?"
Thus 【61】 output: 「Why do we still have to buy Harmony's shares in Nine Empty Warehouse at a high price? 」
Mai Lihao was startled.
"What, you've already taken 49%, how is that possible?"
"Was it sold to you by Xuanwu Investment Bank? How do they have that much?"
Bao Degang gave a contemptuous glance at Henry Kasek: "It's not only Xuanwu Investment Bank that has shares in Kowloon Warehouse; many people hold them."
"After the news of my failed negotiations with Niubijian spread, someone quickly reached out an olive branch to me."
Thus line: "After the news of my failed negotiations with Niubijian spread, someone quickly reached out an olive branch to me."
"Not only 49%, I believe my shares will soon exceed 50%."
"I said I have already completed the acquisition, is there a problem?"
Henry was startled; it seems a traitor has appeared among them.
Mai Lihao and Shen Bi also didn't expect such a situation to arise.
Actually, a Yinglian person sold the shares to Bao Degang.
How can they continue to help Harmony now?
You've got problems inside yourselves; how can we still help you?
Shen Bi asked tentatively.
"Boss Bao, what about Harmony's shares?"
Bao Degang had already reached a deal with them, but now the advantage is with me, and he doesn't want to be a huge fool.
"I can only offer 60 to buy Harmony's shares."
"And it will be in installments."
This is deliberately giving Harmony a difficult problem.
Harmony is urgently in need of funds.
Henry, however, shouted out.
"Impossible, if we buy at 60, aren't we just working for nothing?"
"At least 96."
Bao Degang snorted.
"Now it's 60, tomorrow who knows what it will be."
"Kowloon Warehouse's valuation is already inflated; after we acquire 51%, we will suspend further purchases."
"As I said, Kowloon Warehouse is already mine; you no longer have any bargaining chips with me."
"Blame only yourselves for being too greedy."
"You think there are no chips left in the market, but you didn't expect someone to support me, nor did you expect that the fortress you deem solid is not worth mentioning."
"60, sell if you want, otherwise forget it."
"I don't even care for it anymore."
Henry Kasek's face flushed red; who could have imagined things would deteriorate to this extent?
Sell the Kowloon Warehouse shares at 60 quickly?
He cannot make the decision; they let Henry act as agent for these shares because they wanted to make a profit.
Now the value has shrunk by half, they have to think about it.
At least some of the people who are optimistic about Gangdao's future still want to hold it in their hand and take a look.
End of Chapter
