Chapter 629: Grabbing Chips

Damn! Youde was dumbfounded.

You'd rather liquidate than accept the goodwill of the Hong Fu government and HSBC, huh?

This is a move to have the fish die and the net break—those companies probably wouldn't sell to outsiders either; maybe you'd just absorb them yourselves.

It's even possible you'd just shift things from one hand to the other.

Anyway, we Yinglian and Yingjiang folks don't expect to get any benefit from you.

So what was all our hard work for half a day for?

Youde was a bit at a loss.

If you do that, besides causing a Gangdao stock market crash, what else would he gain?

This is revenge, outright revenge.

This is blaming him, letting Yingjiang attack the Yang family without restraint as revenge.

Youde was extremely embarrassed.

"Yang Zong, privatization costs a huge amount; can the Yang Family still bear it?"

"Or it's better to think twice before acting."

Yang Qing said confidently.

"There's no problem; not to mention the Yang Family's enterprise shares are already almost as cheap as cabbage."

"Just talking about Gangdao's real estate market now."

"I can just sell a few buildings and the money will come up."

"No way, the Yang Family just has a lot of buildings now."

Yang Qing's words almost choked Youde to death.

Now the Yang Family's high-rises number at least several dozen buildings; each building counted as ten billion, that's several hundred billion.

Indeed, they're not short of money.

Damn it, this money originally belonged to them.

Youde knew wanting to take a bite out of Yang Qing was probably impossible; this person is too rich to handle.

Shen Bi might be disappointed.

"Yang Qing, I'll speak frankly: I came this time to stop your privatization."

"The Yang Family's such a large-scale delisting, the Hong Kong stock market can't bear it."

"This will bring a big negative impact on the construction of the financial centre."

"We won't agree to your application."

Yang Qing doesn't accept this oppression.

"Governor, we follow securities law; we have the right to proceed with privatization."

"If you break this rule, you're the sinner hindering Gangdao's financial centre construction."

"Our Yang Family enterprise, every day delayed incurs a huge cost; you can't stop us from self-protection."

"The earlier we privatize, the better we can dispose of those enterprises that have been shunned due to negative news about the Yang Family."

"Otherwise, will the Hong Fu government settle these losses for me?"

"Or can the Hong Fu government arrest and execute those who framed the Yang Family?"

"This is self-rescue; there's no other way."

"Otherwise, once our funds run out, we'll be like fish on a hunter's chopping block."

"Governor, you won't not understand this point, right?"

Youde saw Yang Qing had made up his mind to go the privatization-delisting route, and felt very anxious inside.

He couldn't let this situation happen.

The Yang Family controls too many listed companies, and they're all high-quality enterprises.

This delisting would be equivalent to siphoning off twenty percent of the Hong Fu government's market; how could that work?

Looks like we'll have to sacrifice HSBC again.

"You first halt privatization."

"I'll think of a way to stop this group of Yingjiang people."

"Too lawless."

Yang Qing shook his head and refused.

"Unless we now have ten billion in funds."

"Otherwise we must immediately proceed with privatization."

"If we drag this on any longer, we'll have no way out."

Youde directly said.

"Use your company's shares as collateral; I'll decide to let HSBC loan you ten billion."

Dream on.

"Company shares can't be used as collateral; we need to prepare for privatization."

"Right now, the entire Yang Family group loses over a hundred million in funds each day."

"That ten billion can only support three months."

Damn it, you want to freeload?

Do you think HSBC's money is that easy to get?

"Unsecured risk is too high, so only the Hong Fu government can guarantee it; if you dare not repay, don't blame me for taking action against your assets."

HSBC's economic disputes could drag on in court for years.

But if Hong Fu provides a guarantee, if you don't pay today, they'll dare to seize you tomorrow.

Kid, you're playing the rogue with me; I'll let you see who really calls the shots in Hong Fu.

"Good, I'll go tell HSBC to solve your hundred billion funds."

"The privatization delisting plan is suspended."

Youde gritted their teeth and left angrily.

But the Yang Family's privatization delisting application has already shocked the entire Gangdao.

Even Bob Marley was startled.

Such behavior of smashing the pot when you can't play is too excessive.

Frightened, he hastily called it off and continued with the plan to suppress the Yang Family.

If the Yang Family directly privatizes, they'll have wasted their efforts.

They want to control the Yang clan, not kill them.

Once these companies are privatized, even Bob Marley thinking with his feet knows what he'll do.

Spin off the junk assets, then bundle and sell them.

Those who benefit definitely do not include Yingjiang.

We must prevent the Yang clan from privatizing.

What can we do? We can only strongly absorb the Yang clan's shares, so the Yang Family won't have enough chips to privatize.

This will inevitably quickly drive up the Yang clan's stock price.

Once the Yang clan's stock price rises, haven't they been doing useless work during this period?

This is a conspiracy; whatever they do is wrong.

And the opportunity for Yang Qing's privatization also came from them; it was precisely them who drove the Yang clan's stock price down to rock bottom, giving Yang Qing the ability to push for privatization.

Privatization must be stopped.

But the absorbed shares cannot be easily released, otherwise their short-selling plan would be very difficult.

Whatever we do now is wrong, but stopping his large-scale privatization should be correct.

Just as he hesitated, Yang Qing had already begun large-scale buying.

A large number of shares began to concentrate in Yang Qing's hands.

Youde saw that hesitation was no longer an option and had to speed up persuading Shen Bi.

"I think this way: you can give an unsecured loan to the Yang clan, and I will use Hong Fu as a guarantee."

"When the repayment period arrives, let Yang Qing repay the money."

"If he doesn't repay the money, I will directly, as the guarantor, use Hong Fu to intervene and directly transfer the Yang clan's assets to HSBC."

"What do you think?"

Shen Bi felt stifled; he originally wanted to seize this opportunity to gain leverage over Yang Qing and then massively absorb the Yang clan's shares.

As a result, he was forced by someone's delisting to take out an unsecured loan of a hundred billion.

If it weren't for Youde's guarantee, he would absolutely not make such a loss-making deal; even if Yang Qing had no money, does he still have dozens of buildings? Would he be unable to repay the money?

But under Youde's pressure, he had no choice but to compromise.

"Alright, when the time comes, Governor, you must definitely back us up."

Youde quickly promised.

"Certainly, certainly."

Soon the Yang clan obtained a hundred-billion loan, and the news of the suspended privatization came out.

Bob Marley was dumbfounded.

During this period, in order to grab chips, they wasted huge amounts of funds.

Moreover, the stock price has now been lifted by them to about fifty percent of its peak.

Furthermore, trying to suppress the Yang clan's shares would likely incur an even greater cost.

Because the chips are now highly concentrated, relying solely on short-selling makes it very difficult to push the stock price back down.

So he could only resort to unconventional means.

"Yang Qing, if I can't beat you to death, I swear I won't rest."

"Release Bang Geng again."

"Let him take the lead and stir up public opinion."

"This time, we want to play big."

Train soldiers for a thousand days, use them for a moment.

The Pingchuan Gang, it's time to play its role.