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140: Yinghuang was plotted against
One month ago, Hong Kong.
Qiu Wanjun and Wang Cheng had been in Hong Kong for two months. They hadn't made any moves yet, spending their time arranging for people to collect information on all aspects of Hong Kong.
Analyst Zeng Jing said, "Chief Qiu, Emperor Entertainment Group's primary industries currently include real estate, watches, hotels, and entertainment."
"Based on our investigation, Emperor's main real estate development plan is to continue acquiring shops on Russell Street. There are rumors that the No. 8 Russell Street mall is planned for auction, and Yinghuang Real Estate will definitely try to buy it."
"How much is the No. 8 Russell Street mall worth, and what is the expected auction price?" Wang Cheng immediately caught the key point.
"Russell Street is a core location in Hong Kong. The estimated price for No. 8 Russell Street is five hundred million. If it's Emperor Entertainment Group, they might pay a premium to secure it. This mall could become the core of Yinghuang Real Estate and its retail layout," Zeng Jing immediately provided her analysis.
"Mark it, focus on it, and deepen the investigation. I want more detailed information on No. 8 Russell Street and an estimate of Yinghuang Real Estate's available funds."
"Understood." Zeng Jing made a note of No. 8 Russell Street.
She continued her report: "We've investigated Emperor's watches and retail sectors, conducting a detailed survey of the upstream and downstream supply chains. We've obtained many signed contracts; there are many areas here we can exploit."
"Additionally, we've discovered an important resolution within Emperor Entertainment Group." Zeng Jing put away the documents in her hand and looked up at Qiu Wanjun and Wang Cheng.
The gaze of both men focused on Zeng Jing.
"There is a casino hotel in Macau that is being put up for sale for some unknown reason. Emperor Entertainment Group wants to acquire it and is currently applying for a bank loan."
"Oh?" Wang Cheng's eyes lit up.
"Investigate it. I want detailed information on this casino hotel, as well as Emperor's capital chain and the maximum amount of funds they can mobilize."
He now had a very deep understanding of Emperor Entertainment Group and was contemplating their strategic plans.
If Emperor Entertainment Group acquired the casino hotel in Macau, the overall market reaction would be positive, and their capital might even double.
If they were also allowed to take No. 8 Russell Street, it really might turn Emperor Entertainment Group into a minor tycoon in Hong Kong.
Qiu Wanjun and Wang Cheng remained in the hotel, constantly having the investigated information summarized and brought to them.
The total market value of Emperor's major companies was 1.5 billion RMB. Between loans and liquid capital, they had no more than 700 million at most.
The Macau casino hotel was valued at around 400 million. If they wanted to take both No. 8 Russell Street and the Macau casino hotel at the same time, they would need financing or loans.
"We can't let them get financing," Wang Cheng spoke.
He deliberated for a moment, a cold light flashing in his eyes. "We will lend the money to Emperor Entertainment Group."
His words left everyone stunned.
"Set up a meeting for Chief Qiu to see Richard Li." Ignoring the astonishment of the crowd, Wang Cheng had his assistant contact the person... Albert Yeung arrived in Macau secretly, thinking no one would know. However, he encountered a spoiler during the acquisition negotiations. Because of this spoiler, the original 400 million budget was forced up to 500 million before he finally secured the casino hotel.
Spending an extra hundred million made him very unhappy, but overall, completing the acquisition was a good thing. Once the integration was finished and the news announced, he estimated it could increase the company's stock price fourfold.
Fortunately, Richard Li had lent him 300 million. Thinking of the massive interest made his heart ache, but it was fine; he only needed two or three months to pay it back.
Mainland Hong Kong.
The auction for No. 8 Russell Street officially began.
Qiu Wanjun participated in the auction on behalf of Giant Crocodile Investment.
Albert Yeung did not recognize Qiu Wanjun. The previous ten-billion-dollar attack hadn't hit Albert Yeung directly, so the two had never had a chance to meet.
"520 million," Albert Yeung called out the price. This was already the limit for this mall, but it was very important for Yinghuang Real Estate.
Fortunately, he was finally about to get it. With two consecutive pieces of good news, Emperor's market position would go even further.
He couldn't help but think of Golden Culture. Although he didn't know what kind of power Golden Culture had, if Emperor's total assets doubled, would Golden Culture still dare to look down on him like that?
"530 million." Just as Albert Yeung thought victory was within his grasp, Qiu Wanjun's voice rang out.
Albert Yeung turned his head abruptly, his gaze fixed intensely on Qiu Wanjun.
Qiu Wanjun smiled and nodded, showing no signs of hostility.
"535 million." Albert Yeung raised his paddle again.
He asked the assistant beside him, "What is the background of that Giant Crocodile Investment?"
The assistant looked at Qiu Wanjun and quickly remembered. "This company is very famous among internet enterprises. It seems they specialize in internet investment."
Different industries are like different worlds. Qiu Wanjun kept a high profile in the internet sector, but for those in other industries, they might know his name without knowing much about him.
"Mainland internet? What is he doing in Hong Kong?" Albert Yeung's heart was full of doubt.
"540 million." Qiu Wanjun raised his paddle again.
Albert Yeung's brow furrowed even deeper. The No. 8 Russell Street mall was vital to Emperor's real estate.
After acquiring this mall, it could be integrated with their own retail company, creating an effect far greater than just the sum of its parts.
He gritted his teeth and raised his paddle again.
As the price of the mall gradually climbed, Albert Yeung's expression turned increasingly ugly. His funds were hitting rock bottom, and his liquid capital was being drained dry.
Other participants were whispering, discussing what was going on with Giant Crocodile Investment, as they seemed to be deliberately targeting Emperor Entertainment Group.
Outsiders could see it, and naturally, Albert Yeung saw it too.
"630 million." He gritted his teeth, added 20 million, and announced his final figure.
"Congratulations, Chief Yeung." Qiu Wanjun did not continue bidding and spoke to offer his thanks.
He knew exactly how much capital Albert Yeung had. Albert Yeung's credit limit had hit its ceiling.
Albert Yeung gritted his teeth, fire in his eyes, yet he remained rational.
The auction ended, and the transaction for No. 8 Russell Street was completed. Just as Albert Yeung was integrating his companies and preparing to release the good news to the public...
Giant Crocodile Investment made its move. First, using the name of a third-party company, they submitted a large number of orders to Emperor Retail and signed contracts, while simultaneously cutting off Emperor's suppliers in advance.
Upon receiving the news, Albert Yeung immediately contacted the suppliers, but they all stated that their production capacity couldn't keep up because someone else had already placed the same orders in advance.
At this point, Albert Yeung sensed something was wrong and urgently contacted other suppliers.
At that very moment, Wang Cheng also made his move. He began poaching Ying Huang Entertainment's gold-medal managers and popular stars.
He met with Gillian Chung and, without any nonsense, placed the videos directly in front of her.
"You wouldn't want these videos to be spread by the media, would you?"
Wang Cheng limited the release of some of the photos and videos from Photographer Chen. After all, he wanted to take over a complete Emperor Entertainment Group, not one that had been smashed to pieces.
For popular artists belonging to the company like Twins, he tried not to destroy them if possible. But for artists not under Emperor, he couldn't care less.
Under Wang Cheng's control, this 'Edison Chen photo scandal' was spreading in a limited fashion, but the blow to Ying Huang Entertainment was still massive. The reputation of other companies under Emperor also suffered a huge hit, and their stock prices plummeted in response.
Giant Crocodile Investment also publicly took Richard Li and Emperor's Albert Yeung to court, filing a lawsuit regarding an illegal loan.
Before the good news from Emperor Entertainment Group could even be announced, crises erupted everywhere. Supply contracts couldn't be fulfilled, funds were short, and the entire Emperor Entertainment Group fell into turmoil.