Chapter 231： Chu Geqi

When he arrived at the Kowloon Hotel, Xia Yu met the heads of the two newspapers, Nanyang Commercial Daily and Sin Chew Daily. After getting to know them, he first welcomed them and calmed their emotions. After all, they were just the heads of their respective newspapers. Shares are the decision of their respective bosses.

Presumably they were also uneasy at this time, and Xia Yu naturally had to calm down, so as not to cause them to resign later, that would cause him trouble.

Later, Xia Yu asked Yan Wenhan to take charge. From now on, Nanyang Commercial Daily and Sin Chew Daily were newspapers owned by Jiuding News, and it should be the general manager of Yan Wenhan who should directly manage them.

In the next few days, good news came from HSBC. It has acquired shares in the hands of nine other shareholders, totalling 31.9% of the shares, which is extremely efficient.

A total of 31.9% of the equity is also resold to Jiuding Newspaper Company of HK$3.9 million, which is equivalent to a 20% premium.

As for how much HSBC acquired and how much money it made, Xia Yu can't control it.

On the other hand, Jiuding Securities also acted quite quickly. In a few days, the shares scattered on the stock market were acquired to 21%.

Therefore, Jiuding Newspaper already owns 84.9% of the equity, and Xia Yu does not plan to slowly acquire from the stock market, because there are only 15.1% of the stocks circulating in the market. The fewer stocks, the more sensitive the price. The stock price will definitely rise at that time.

Therefore, Xia Yu did not hesitate, and directly concentrated all the equity in the hands of Jiuding Newspaper Company, and then announced the completion of absolute control, and at the same time immediately applied to the exchange for delisting and privatization.

With such a high equity ratio, there was no surprise. The exchange directly approved Jiuding Newspaper’s application, and the South China Morning Post was suspended on the same day.

The news was spread out naturally, and the newspapers were in an uproar in an instant.

The South China Morning Post, the number one selling English-language newspaper, has been controlled by Jiuding Newspaper Company, and it is being privatized!

Other colleagues, whether it is Ming Pao, Cheng Pao, Hong Kong Economic Journal, etc., expressed their shock.

And the most uncomfortable was Hu Xian of Sing Tao News Corporation.

In the area of ​​Chinese newspapers, Jiuding News Company was overwhelmed with breath, and had to take risks and spend huge sums of money to build Sing Tao News Agency in order to make a breakthrough.

However, the Sing Tao News Agency had not yet been established, Jiuding Newspaper Company took control of the South China Morning Post, and privatization was about to be completed soon, and its own "English Standard" was overwhelmed by Jiuding Newspaper Company.

The news made Hu Xian look ugly to death.

However, the more uncomfortable is yet to come.

It seems that to join in the fun, I don’t know who revealed to the media that Jiuding News has spent 12 million Hong Kong dollars to acquire the Malaysian newspaper Nanyang Commercial Daily, 11 million Hong Kong dollars to acquire Sin Chew Daily, 2.2 million Hong Kong dollars to acquire Hong Kong mainland The newspaper "Everyday Daily".

A series of these pieces of news were exploded, and all the people who followed the incident were dizzy and even numb.

Pan Yuesheng, deputy editor-in-chief of Ming Pao, which is responsible for the management and operation of the newspaper, immediately reported the matter to Jin Yong. At that time, the two were silent in the office.

It took a long time before Pan Yuesheng sighed weakly: "Tsk, four newspapers, now it can be determined that they have spent 25.2 million Hong Kong dollars. The South China Morning Post will cost at least 11 million Hong Kong dollars. The acquisition cost at least 36 million Hong Kong dollars."

"Jiuding Newspaper Company is invincible, and Xia Yu is really generous. In the entire newspaper industry, he is the only one who has such a great skill and ability."

Jin Yong also helped his glasses, shook his head and sighed: "Indeed, 36 million Hong Kong dollars, the entire newspaper industry can only be taken out by him. Jiuding Newspaper Company has been alone in seeking defeat, and now it is estimated to be lonely as snow. The younger generation is awesome! The younger generation is awesome!"

"Yuesheng, compared with Xia Yu, we have lived as a dog for a long time."

Jin Yong said to Pan Yuesheng with a smile, and Pan Yuesheng shook his head with a wry smile.

"Lao Cha, Xia Yu is so powerful. It is not us, but the newspaper queen who is most affected. It is estimated that she is absolutely dumbfounded now. She has worked hard to build the Sing Tao News Agency and want to fight against Jiuding Newspaper Company. Now that it hasn’t been built, it will face the encirclement and suppression of Jiuding Newspaper Company.”

"In Hong Kong, Macao and Taiwan, business and economic news has been suppressed by the "Jiuding Daily", and the fields of politics, economy and people's livelihood are facing the impact of the "Fengyun Daily". Now there is another grassroots entertainment and people's livelihood "Tiantian Daily". Jiuding Newspaper Company’s powerful acquisition, editing and distribution system will surely increase its sales."

"In Southeast Asia, Sing Tao Daily will face the pressure of Jiuding Daily and Fengyun Daily. Now there are more Nanyang Commercial Daily and Sing Chew Daily to pursue it together."

"Finally, in the field of English newspapers, the South China Morning Post is a financial newspaper, which originally dominates the "English Standard". Now which business and financial news is better than the "Jiuding Daily"? After the work of Jiuding News After the integration of resources, sales will definitely explode."

"Presumably the newspaper queen is already crazy at this time."

After the analysis, Pan Yuesheng said in a mixed mood. He didn't know whether he should gloat or sympathize with Hu Xian. Everyone would be crazy about this matter.

Pan Yuesheng really guessed Xia Yu’s intentions. Although a large part of this series of acquisition plans is to allow Jiuding Newspaper to strengthen and expand by leaps and bounds, the other intention is indeed to encircle the island. News Corp.

Xia Yu would not keep her hands because Hu Xian was a woman. The mall was like a battlefield, and sympathizing with his opponent was extremely stupid.

Since Hu Xian has made it clear that he wants to build a news agency to compete with Jiuding News, Xia Yu must counter in a timely manner. Of course, it is impossible to wait until Sing Tao News Agency is built before responding. He has to hold the initiative in his hands and launch an offensive in advance to disrupt the star. Island News Corporation’s planned deployment, and then profit from it.

This time, Xia Yu's embarrassed handwriting was to knock down Sing Tao News Group with a stick, extinguishing Hu Xian's ambition, and consolidating the monopoly of Jiuding Newspaper Company.

Unfortunately, the plan is still not perfect. The four major newspapers were exposed before the integration and revision were completed. Otherwise, the four major newspapers were digested for a period of time, and when they all broke out, the exposure would be the desperate time of Sing Tao News Group. .

Now the exposure is just huge, but Sing Tao News Group has not been hit by the real deal.

But there is no way. To privatize a listed company, there is no way to hide the news.

...

"By the way, Lao Cha, Hu Xian had been looking for us before, trying to pull us to her unbuilt Sing Tao News Agency. Jiuding News Agency has been contacting us. We have been vague before and don’t want to stand in line. Now it seems that the time to stand in line."

Thinking of what had been evasive before, Pan Yuesheng's heart moved and said to Jin Yong.

Jin Yong frowned, then slowly unfolded, and said with some emotion: "Indeed, now is the last chance to stand in the team. Hu Xian has no chance of winning, otherwise it will be too late when the outcome is determined."

"Then agree to the cooperation of Jiuding News Agency."

"Okay, I'll contact them later." Pan Yuesheng nodded in response.

Major newspapers such as Ming Pao and Hong Kong Economic Journal have always shied away from cooperating with Jiuding News Agency and Sing Tao News Agency. In the final analysis, they all hope that Sing Tao News Group will lift the table and cooperate with Jiuding News Agency. The company is in conflict, and they look for opportunities to develop and grow.

But the current situation awakened them. They completely lost confidence in Sing Tao News Corporation, and extinguished the only trace of their desire to compete with Jiuding Newspaper Company They completely recognized the hegemon of Jiuding News Company. status.

Sing Tao News Corporation is so powerful that they have been suppressed in this way. Their "Ming Pao" has small arms and legs. In order to avoid being targeted by Jiuding News Corporation like Sing Tao News Corporation, they still stand on Jiuding News Agency while maintaining their independence. Take a stand.

At least standing in the team now is the last chance, and you can also actively choose. If you wait until the victory has been divided, then you will be forced to stand in the team, and the gap can be huge.

Although they themselves will also be impacted, the impact is small after all. At most, they may bear the impact from the local "Tian Tian Daily" in the future. When there is no possibility to resist, they can only choose to accept their fate and minimize the loss.

This ostrich psychology is not only owned by Ming Pao, but also by other major newspapers.

This time, they were finally like Jin Yong and Pan Yuesheng, planning to completely bow their heads.

At this moment, the situation is extremely unfavorable to Sing Tao News Group! I want to talk about "Rebirth: The Most Powerful Hero" with more like-minded people, follow the "hot web article or" on WeChat to chat about favorite books with more book friends