In fact, Lin Xiaosen had dinner with Tang Boqi last night and didn't have a deep impression of the young man. He had already heard his seventh brother Lin Xiaoda, mention Tang Boqi, a United States -born Chinese, a top economics student from Boston University. Song Tianyao had previously been involved in a fake hair business in Hong Kong and had fallen into Song Tianyao's trap, almost getting trapped to death. He had managed to escape by chance. This time, he returned to Hong Kong because he believed that Song Tianyao was investing money in the stock market to acquire Xizhen Properties, so he wanted to settle their feud in the Hong Kong stock market.
Lin Xiaosen scoffed at this idea. Business is business; it's best to keep other factors out of it. Although Tang Boqi had specifically reminded the Lin Family that he owed them a favor, he had thought to himself that a more mature person, upon receiving this news, should have discreetly followed Song Tianyao into the market, made some money as capital, and started afresh. Once the business had grown and stabilized, then they could consider personal grudges. Youthful impetuosity was unacceptable in business. Tang Boqi didn't understand this principle and would still lose in the future. Of course, this didn't affect his willingness to listen to Tang Boqi's advice to the Lin Family.
"I found some of the things Mr. Tang said to me very constructive, which is why I called Mr. Lin Xiaoze," Studwell said to Lin Xiaosen, spreading out a napkin beside him.
Lin Xiaosen looked at Tang Boqi: "Then I wonder what Mr. Tang said?"
"Simply put, we'll stop borrowing from banks and raise funds by driving up stock prices and selling them off in the stock market. In other words, we'll use investors' money to buy back Xizhen Properties's shares from Jardine Matheson," Tang Boqi said to Lin Xiaosen.
Chapter 351 Tang Boqi's Methods
"What do you mean?" Lin Xiaosen was taken aback and looked at Tang Boqi: "The Lin Family would never sell Xizhen Properties's shares, Mr. Tang, what you're thinking..."
"I'm not referring to Xizhen Properties's stock. As far as I know, besides Xizhen Properties, the Lin Family has invested in and holds controlling stakes in many other companies," Tang Boqi interrupted before Lin Xiaosen could finish. "We can use the rise in Xizhen Properties's stock price to manipulate the stock prices of the other listed companies in which the Lin Family holds shares, then sell them at a high price to cash out, and use the proceeds to buy back Xizhen Properties's stock."
After the waiter who was in charge of serving the food left the restaurant, Lin Xiaosen said, "Besides Xizhen Properties, the Lin Family does indeed control seven or eight other listed companies. They've been wanting to sell some of their shares to cash out, but no one's interested. Mr. Tang, do you mean to raise the share price of these dormant stocks held by the Lin Family?"
"The rise in Xizhen Properties's share price has already slightly boosted the share prices of other listed companies Lin Family. Of course, this increase is negligible, merely a normal phenomenon arising from the high share price of Xizhen Properties. Frankly speaking, Mr. Lin, from what I've recently learned about the Hong Kong stock market, most small investors rely entirely on stockbroker recommendations. This recent rise in Xizhen Properties's share price likely indicates a reaction from hot money; many investors see profits in Xizhen Properties's stock and want to buy now to sell at a higher price for profit. Stockbrokers will also benefit." Using the recent surge in Xizhen Properties's stock price, they contacted clients to invest and follow suit. They didn't care whether clients made money or not; they only cared about the commissions earned from the transactions. It was simple: they contacted various licensed securities firms, instructing their agents to recommend the listed company that Lin Family Holdings was preparing to sell off its shares to realize profits. Then, they used a small amount of cash to slightly inflate the stock price. Soon, when people couldn't buy Xizhen Properties shares, they would turn to this stock. They controlled the sell orders, creating a price surge, and then sold off when the price was high enough...
At this point, Tang Boqi made a diving motion with his hand. "The bookmaker dumps the shares and leaves with the money."
Lin Xiaosen re-evaluated Tang Boqi. The young man's methods were realistic and ruthless. Where did the Lin Family get the money from the stock market? It came from those speculative investors who followed the trend. With such a cold-blooded heart and ruthless methods, how could Tang Boqi have lost to Song Tianyao?
However, Lin Xiaosen soon realized that Tang Boqi had come all the way from the United States to Hong Kong, while Song Tianyao was backed by the Chu Family in Hong Kong, and the difference in their underlying strength was too great.
Based on the abilities and methods demonstrated by Tang Boqi's words, Lin Xiaojie felt that if Tang Boqi had known the Lin Family back then, he would definitely not have lost to Song Tianyao. His seventh brother, Lin Xiaoda, and Tang Boqi were both graduates of Boston University, but Lin Xiaoda's abilities were far inferior to Tang Boqi's.
"But just selling the stock at such a high price like this will have a negative impact on the Lin Family..." Lin Xiaosen thought of a problem.
Tang Boqi interjected, "First, we'll split the stock. We'll transfer the shares of the listed company that the Lin Family is currently using to set up the scheme to other companies or individuals. When it's time to sell, we'll use those other companies or individuals, not the Lin Family's name. Mr. Lin could even hold a press conference to condemn those stock market speculators who are maliciously dumping shares."
The tricks that Song Tianyao used on him in the wig industry are now readily available to Tang Boqi, who is now using them on powerless stock market investors.
"Why did you decide to have lunch with me?" Song Tianyao picked up a piece of bamboo shoot with his chopsticks and asked Meng Wanqing, who had a serene expression beside him.
Of the three women in his life, Song Tianyao liked Foreign Girl's quick wit and their tacit understanding. As for Lou Fengyun, perhaps it was Song Family trait that gave him a special fondness for widows. But Meng Wanqing was the perfect model for a lover in 1950s Hong Kong, in Song Tianyao opinion.
Needless to say, she is skilled in cooking, playing musical instruments, calligraphy, and poetry. Most importantly, she is not only beautiful, but also upholds the proper conduct of a woman. She never takes advantage of Song Tianyao's favor and will never bother him unless he takes the initiative to see her.
But today, Meng Wanqing called specifically to ask Song Tianyao if he had time to have lunch with her.
Originally, Song Tianyao planned to have Huang Liu casually buy some food from a restaurant, but now that Meng Wanqing had spoken up, Song Tianyao had Huang Liu pick her up and then they would have lunch together in a private room at the Sea Capital Restaurant in Wan Chai.