Rebirth of the Financial Crisis Sweeping the World

  Chapter 86 86 Energy-saving electronics take off, investment has tripled

  After school, Wang Guanxi played badminton with Shu Jinghan, Bi Fangling and others for a while, and then came to Wing Hang Securities Company to settle interest and intermediary fees.

  The stock market also closed, and Penguin Group’s stock closed at 56.00.

  It just so happened that the news came out.

  [Fortis Group cashed out Penguin Group's stock price on a large scale, Penguin Group's stock price fell 24%]

  Feng Shaokun said with a look of admiration: "Mr. Wang, you are really amazing, Feng admire"

  Last Friday, Wang Guanxi shorted the Penguin Group's stock worth nearly 100 million. The original strong stock price was sold off by the large financial institution Fortis. The Penguin Group's stock price fell a lot in the past two days.

He had to accept Wang Guanxi’s forward-looking vision. This Fortis Group lost 4 billion U.S. dollars in U.S. stocks and 3 billion Euros in European stocks, and announced that it would reduce its holdings of Asian assets. For the past two days, Fortis Group is in Penguin Group and Sinopec Group’s Cash in stocks.

  He was worried about Wang Guanxi being slapped with wool before, but he did not expect that Wang Guanxi was the biggest slicker.

  Wing Lung Securities, Cathay Insurance, Asia Financial Holdings, and Ping An Fund borrowed Penguin Group’s stock to short Wang Guanxi, but Penguin Group’s stock fell 24%. This time, Wang Guanxi won the bet.

  Wang Guanxi smiled and took a sip of tea and said: “I saw Fortis Group intends to sell Asian assets, I guessed that it might sell Penguin Group. After all, Penguin Group has a high market value and large stock trading volume, which is convenient for cashing out.”

  Feng Shaokun nodded: "Yes, it makes sense. Next time you go short, I must follow you to go short."

  Because Wang Guanxi was short on Penguin Group’s stock, he also sold the stock worth more than 8 million yuan. He was optimistic about the Penguin Group’s stock and planned to wait until the Penguin Group’s stock price fell to a very low position before buying.

  Wang Guanxi smiled and said, "Haha, Mr. Feng, don’t blame me for your loss."

   Then Wang Guanxi transferred 12 million Hong Kong dollars to the Wang Venture Capital Foundation, leaving 100 million Hong Kong dollars in the stock account.

The two founders of   Energy Saving Electronics Company, Hong Wenhui and Lin Jinguang all called.

  Since receiving Wang Guanxi’s capital injection, technological innovation and unique patent advantages have caused a small sensation in the semiconductor industry.

  Today, Energy Conservation Electronics won the favor of Mr. Weng Guoji, Chairman of Hong Kong Shell Industry Group, and valued their company 15 million Hong Kong dollars, and then injected 9 million in capital.

  Hong Kong Shell Industry Group was once the fan king, the mainland microwave oven king, and the DVD player king. Now with the innovation of science and technology, the former glory is no longer, and the day is dwindling, and it has begun to change careers and enter the real estate industry and high-tech industries.

  For example, Everbright Real Estate, Chaoxing Technology Company.

  Weng Guoji is still a Hong Kong tycoon today. In Hong Kong, the Guangdong provinces in the Mainland are all famous entrepreneurs.

  This time, the Hong Kong Shell Industry Group invested 9 million in energy-saving electronics, which undoubtedly gave energy-saving electronics a huge support. Order support, technical support, financial support, channel support, and network support will undoubtedly have a broad stage and take off.

  So Hong Wenhui and Lin Jinguang were very excited on the phone.

   "Mr. Wang, the 2 million you invested before is now worth 6 million Hong Kong dollars."

   "Old Feng, the 1 million you invested before is now worth 3 million Hong Kong dollars."

  In this energy-saving electronic technology innovation, Weng Guoji directly valued 15 million, and then injected 9 million in, and obtained 37.5% of the shares.

  Wang Guanxi’s shares were diluted to 25%.

  Feng Shaokun’s shares were diluted to 12.5%.

  Hong Wenhui and Lin Jinguang jointly hold 25%.

  At present, after 9 million capital injection, the energy-saving electronics company is worth 24 million.

  These 24 million are only temporary. In the future, the value of energy-saving electronics companies will become higher and higher. Thanks to Wang Guanxi’s investment of 2 million some time ago, their company will not be closed down.

  Tonight, Weng Guoji’s family also prepared a cocktail party for the high-tech industry in Guangdong Hotel to allow the elites in the industry to communicate, establish contacts and invest in each other.

  Feng Shaokun: "Mr. Wang, are you interested in going there? Maybe there are some startup companies you can invest in"

  Wang Guanxi thought for a while, and found it good, so he said: "Okay, then go and see."

  So in the evening, at 7:30, Feng Shaokun and Wang Guanxi both came to the 17th floor of Guangdong Hotel.

  At this time, Hong Wenhui and Lin Jinguang came over with Weng Guoji.

  "Mr. Weng, this is Mr. Wang, Mr. Feng"

  "Long Yang!" Wang Guanxi nodded and smiled.

  "Mr. Weng, long time no see" Feng Shaokun smiled.

  After saying hello, everyone sits together.

   Such a young Wang Guanxi has invested in a number of semiconductor companies, and his vision is really fierce. Weng Guoji couldn’t help sighing and said, “Mr. Wang is really a hero.”

  Wang Guanxi smiled and said, "Mr. Weng, it’s a ridiculous praise."

  Weng Guoji thought for a while and said: "Mr. Wang, do you intend to sell shares in energy-saving electronics?"

   From Hong Wenhui and Lin Jinguang, I learned that Wang Guanxi invested 2 million yuan and obtained 40% of the shares at the time. After his financing, Wang Guanxi still holds 25% of the shares, worth 6 million yuan, and he wants to buy it.

Seeing Wang Guanxi's silence, he continued to increase the price and said: "I used 7 million to buy 25% of your shares. What do you think of this price?"

The patented technology owned by Energy Conservation Electronics is unique in the semiconductor industry at present, and the future potential is endless, so he directly valued it at 15 million, and then injected 9 million into it, but he only owns 37.5% of the shares, and only owns 10% of the shares. Voting rights, so he wants to buy Wang Guanxi's shares and become the absolute majority shareholder of Energy Conservation Electronics.

  Wang Guanxi shook his head: "Mr. Weng, I am not considering selling it now. If you are still interested in energy-saving electronics after it goes on the market, I can sell it to you."

   Nonsense, I want to buy it for 7 million, it's impossible!

   "How about 8 million?" Weng Guoji increased the price again. He felt that Wang Guanxi invested 2 million and got 8 million, the rate of return was already high, and Wang Guanxi would accept this price.

  Wang Guanxi shook his head: "No, after the listing, if you want, I will sell it to you"

  The market value of energy-saving electronics in the future will be at least HK$4 billion, and his shares will be worth at least HK$800 million in the future.

How could   8 million impress Wang Guanxi.

  Then he continued: “I’m just investing. When the company goes public, I have no interest in the company’s patents. If Mr. Weng wants to cooperate, you can also contact me.”

  He just holds shares, so he just takes the income. After the company goes public, he sells the shares. He is afraid that Weng Guoji will not be able to get so much cash and can't afford the shares in his hand.

  "Well, Mr. Wang, we will cooperate more in the future." Weng Guoji poured tea to Wang Guanxi very politely.

  This young kid is very difficult.

  He is very eye-catching about the patented technology of energy-saving electronics, and wants to hold it in his own hands, so he madly supports the development of energy-saving electronics.

  (End of this chapter)