Read light novels, web novels, Chinese novels, Korean novels, Japanese novels and books online for FREE.
Font Size
18px
Now reading: Chapter 1110 - 970: Begin the Acquisition from Rebirth: Super Banking System, a Drama novel by Mouse No. 6.

A day later.

Ayman returned to Saudi.

He quickly completed the transfer of 3.2% of ARM’s stocks, and he inford the shareholders of ARM that the contract had officially taken effect. With such a shareholding ratio, he now qualified to serve as an important Board of Directors mber.

Originally, the President of ARM had also wanted to invite Ayman to visit the United Kingdom.

But he simply didn’t have the ti now.

"Tang Qing, I’m done here." As soon as the transfer agreent beca legally effective, Ayman imdiately inford Tang Qing. He had calculated the timing perfectly; it should be seven in the evening in China now.

Tang Qing had just finished class and returned ho, watching the scenery in the living room, while Lin Jiaxue was doing howork in the bedroom, "Congratulations, you’ve made another ten-plus million dollars. In five minutes, the money will be in your UBS account."

Before leaving, Ayman had signed an agreent with him, stipulating that upon successful completion of the deal, Tang Qing would pay $87.5 million within twenty-four hours. This money, Tang Qing had still ’borrowed.’

"Haha, I’d be happy to help with this kind of business in the future," Ayman laughed.

He had never made money so easily.

Tang Qing smiled, "I also hope we have more opportunities to cooperate like this."

"I’m looking forward to it."

After chatting a bit longer.

The two ended their call.

Shanghai Stock Market.

Tang Qing said softly to the glass in front of him, "Begin."

"Yes, Commander."

Tang Yi’s voice ca through his ear.

...

Aside from being listed on the Nasdaq in the United States,

ARM was also listed on the London Stock Exchange, accounting for 20% and 15% of ARM’s stocks, respectively. This ant that even after Tang Qing had bought up stocks, he would only own 35% of the shares.

Not to ntion he couldn’t buy them all.

Because many holders were in it for the long haul.

Ordinary stock market fluctuations could hardly shake them out. Besides, Tang Qing was originally playing a ’supporting’ role, so he did not adopt any ’low-end’ tactics such as depressing stock prices, accumulating shares when prices were low, or spreading rumors.

Because they wouldn’t work.

ARM was a pure design company.

Its main business was selling intellectual property (IP). Unless the major international semiconductor giants announced production cuts or a switch to Intel architecture technology, this company was unlikely to have any negative news that could cause its stock price to fall.

But that was impossible.

The mobile communications sector was rapidly growing, with demand evident. ARM’s technology was distinctly competitive with Intel’s, with different positioning. Those manufacturers were unlikely to switch to Intel’s technology.

Due to this company’s uniqueness,

if Tang Qing were to use conventional thods to suppress the stock price,

companies like Apple, Qualcomm, Samsung, and others could easily lend a small hand and prop it up. As giants that employ ARM architecture technology, they were very familiar with the company’s situation.

If he were to use such mundane tactics,

he would definitely appear clownish, hopping around for everyone’s amusent, not to ntion it wouldn’t please anyone. Perhaps it wouldn’t annoy others, but it would certainly be irritating to himself.

Therefore,

normal buying and selling of stocks would suffice.

For this purpose, Tang Qing had established an investnt company last month and opened nurous branch offices, investing in so promising enterprises for the future, spending over one hundred million dollars overall.

Chinese Ti.

Nine thirty in the evening.

United States.

The Nasdaq market opened.

ARM’s stocks had risen by 12% since the beginning of the year. However, because the volu was really small, just a few hundred million dollars, the daily trading volu wasn’t very active.

There weren’t many individual investors buying and selling either.

As soon as the market opened today,

all sell orders were devoured by a wave of capital, and then a massive buy order was left hanging there all alone. This tactic let investors know instantly: a local tyrant had co to sweep the board.

At the sa ti,

London.

The sa scene played out again.

The result was: fewer sellers, more buyers, and in less than an hour, ARM’s stock price on both exchanges had risen by three percentage points and two percentage points, respectively.

Unfortunately,

Tang Qing remained unfazed.

Accumulating stocks.

It was a long process.

Tang Qing rely wanted to make a gesture; he didn’t care how many shares he acquired. Therefore, afterwards, when soone was willing to buy at a higher price, Tang Qing’s company did not respond.

The following few days were the sa; Tang Qing’s investnt company only traded at specific tis each day, snagging reasonably priced stocks, and completely ignoring those who sought to make a big profit by setting excessively high prices...

It was as though,

after taking a bite of at... it had fallen asleep.

Both stocks began to rise steadily, catching the attention of many.

...

New York.

Inside an investnt company.

Many Arican stocks were traded by such institutions, commonly known as traders. They helped clients buy and sell stocks and collected transaction fees, also being the market’s biggest ’manipulators.’

"Have you traced the background of that company?"

"Yes, it’s an investnt company opened by a Chinese individual, absorbing ARM Technology Company’s shares in both markets without any disguise or tricks, as if... they just bought whatever seed appropriate."

The person reporting also found it a bit incredible.

"..."

The manager was speechless. This approach was just too ’crude’, a complete loss of face for the profession of traders, yet it was also possible that this was so kind of ’operational’ technique they didn’t understand.

"Who’s the company boss?" the manager asked.

"The chairman of the Cot Group from Huaxia."

"What? A Chinese person? And the chairman of the Cot Group? The company that produced the two ’Civilization’ movies?" The manager was shocked. He was a fan of the ’Civilization’ movies and, as an agent, he well knew the potential of this company.

"Yes."

"Could it be that he wants to acquire ARM?" the manager wondered.

One of the traders analyzed, "It doesn’t seem like it. It looks more like an investnt. If it were an acquisition, they would probably use so strategy, hire an experienced operator. They wouldn’t buy practically at random like they are doing now, without any further action."

"So what do we do..."

"Continue to observe, and don’t sell the stocks we hold for now."

"Yes."

Just then.

The manager received a phone call.

The next mont.

His face showed surprise.

"What? The company has just submitted a buyout offer to ARM? Uh-huh... Okay... I understand..." After speaking for nearly five minutes and grasping the details, the manager hung up the phone.

Seeing the puzzled expressions of the others.

"This company has just officially proposed an acquisition to ARM, but the ARM board of directors imdiately rejected them. It seems that Cot Group’s success has made him overconfident, thinking money can buy everything, out of his depth," the manager chuckled.

Hearing this.

The trader who had just said that an acquisition was unlikely imdiately turned red. The slap to the face ca too quickly, and it was all because the company didn’t play by the rules, which broke his logical analytical frawork.

"Hmph, a nouveau riche from Huaxia, a company like that, how could it possibly be sold to Huaxia? ARM’s shareholders would never agree. Serves him right. He doesn’t understand the world of capital."

"I even thought his operation was so thod we didn’t understand, but it turns out he’s just a greenhorn, clueless."

"If that special effects company were in the United States, we could make a movie even better than ’Civilization’. No, by the end of this year, our Hollywood movies will beat it."

Envy burns, regardless of nationality.

"..."

...

At another company.

They received the sa news, but had done their howork better.

"Shut up."

The boss stopped the traders’ disdain with a command.

"Everyone’s success might seem like a fluke, but when you really understand the other companies under his command, I wonder if you’ll still be able to laugh. He’s a very clever person."

"He has other businesses? What kind?"

The traders weren’t familiar with Tang Qing’s other ventures, as it wasn’t part of their job.

"The latest investigation shows that he has a lot of industries. The Cot Group is just the most prominent one. He is also involved in several other fields, such as fashion, oil, minerals, photovoltaic energy, security, communication, enterprise services, and audio equipnt."

"What? So many fields?"

"How co we never heard about it?"

"Are the dia dead? Why don’t they report?"

"..."

After the turmoil, the boss continued speaking.

"So of these fields are even the leading ones in Huaxia. The Cot Group is not just the largest video-sharing website and the most profitable entertainnt company in Huaxia, which developed the ’Civilization’ series."

"The clothing company is now Huaxia’s largest fashion enterprise, the largest business consultancy, the largest headhunting company, the largest security company, and as for the audio equipnt company, its annual profit won’t be less than five hundred million U.S dollars."

"Soone who controls so many enterprises, do you really think you’re qualified to laugh at him?" Finally, the boss looked at his subordinates sternly.

After listening to all this.

The traders closed their mouths. Such a person, indeed, was not soone they could casually criticize.

However.

This prompted doubts.

Why hadn’t their dia reported on this legendary figure? Logically, soone like him should have been a household na in Huaxia by now, but at present, he was treated as if he were invisible.

Too strange.

Soon.

Their boss cleared up their confusion.

"Many of his companies are registered in offshore centers, and ordinary dia can’t find them. We also obtained this comprehensive information through special channels. Most importantly, he generally keeps a low profile and hardly ever appears in the public eye."

This was information he had access to through his privileges from Citibank.

Data from the offshore center.

For a bank like Citibank, this was no issue at all. The core positioning of an offshore center is a ’tax haven’ not ’concealnt of equity’; therefore, client information managent isn’t as strict as that of Swiss Bank.

Their company head had connections with Citibank shareholders, naturally allowing them so conveniences through the registry, though they still had to pay for them. This kind of data trading was public within the industry.

At the sa ti.

He had sothing else he didn’t say.

This individual was not yet twenty years old and was currently attending university in Huaxia. As for exactly where, Citibank did not disclose, and he didn’t ask. The bank’s intelligence was always aloof, and he also knew sothing else.

It wouldn’t be long.

Perhaps next week.

At the latest, next month.

The whole world would know this person.

You are reading Rebirth: Super Banking System Chapter 1110 - 970: Begin the Acquisition on WuxiaFull. Use Previous, Chapter List, or Next to continue.
Share this chapter
Bookmark saves this novel to your account. Reading History keeps recent chapters in this browser.
Continuous reading

You May Also Like

Doted By The Regent King cover
Same genre

Doted By The Regent King

Yan Xiaomo ·Drama

BeforeWufuwasreborn,shehadnoideatherewassuchathingasrebirth.OnlyafterherrebirthdidsherealizeHeavenmusthavethoughtherpreviouslifewastoosmooth,soitse...

Four Of A Kind cover
Same genre

Four Of A Kind

Rikisari ·Drama

Theysaymeetingyoursoulmateisdestiny,abeautifulcollisionoftwoworldsmeanttobetogether....Butwhydidmy“fatedencounter”havetobeahead-oncollisionwithCass...

Lord of the Truth cover
Trending now

Lord of the Truth

TruthTeller ·Action

RobinBurtonisayoungmanwhogrowwitheverythinganyonecanhopefor,immensetalentforcultivation,sharpmind,awealthyfamilythatwillstopatnothingtoprotectandnu...

User Comments

0 comments from readers

Post Comment
By posting a comment, you agree to all relevant terms.
There are currently no comments. Join the community and start the discussion.
Please create an account or sign in to post a comment.