Liang Botao heard Xia Tian say this and nodded, "Then set it to be 5%, it's easier to sell. After all, investors still need to pay 15% interest tax."

"So high?" Xia Tian said in surprise when he heard this.

The Hong Kong movie entertainment tax of 10%, which made the film companies very dissatisfied and complained. Unexpectedly, the bond interest tax was as high as 15%, which was even more deceptive than the entertainment tax. No wonder the total market value of the Hong Kong stock market is as high as 400 billion Hong Kong dollars, but the bond market is only as small as 10 billion Hong Kong dollars.

"Yes, it's incredible, right?" Liang Botao smiled, "So corporate financing in Hong Kong generally tends to bank loans, go public to raise funds, and will not easily try to issue bonds.

However, now the stock market is sluggish and banks are tightening. It is a good idea to raise funds by issuing bonds. And if you issue bonds, you don’t have to worry about diluting your equity. For you, it’s the most suitable one.”

Xia Tian nodded with a smile.

He holds just over half of his shares in many listed companies. If he issues new shares, it is easy to make his own control unstable and give others the opportunity to take advantage of it. If he issues bonds, he can avoid this trouble.

Of course, whether it is a bank loan, issuing new shares, or issuing bonds, they are actually different ways of achieving the same end. In principle, they all want to use everyone's money to make their own money. As long as the money is finally made, it doesn't matter which way to raise funds.

"Okay, let's not talk about this anymore. How did you acquire Yuhuang Group?" Xia Tian asked with concern again.

After learning that Yufeng Group was in trouble due to the stock market crash, Xia Tian asked Liang Botao to secretly launch an acquisition of it.

Yizi Yuxi Group has the most talents in the Hong Kong comics industry. Ma Rongcheng, who painted "Chinese Heroes" and "Storm and Clouds", Shangguan Xiaobao, who painted "Bruce Lee", Zhang Wanyou, who painted "Drunk Fist", Feng Zhiming, who painted "Sword Laughing", Situ Cambridge, who painted "The King of Fighters", Niu Lao, who painted "Young and Dangerous", etc.

Although Tianxia Comics has emerged in the past two years and has become another comics giant that can compete with Yuhuang Group. However, in terms of talent reserves, they are still not as deep as Yuhuang Group.

Erze Yufeng Group owns many well-known media such as Tiantian Daily, Youth Magazine, Qingxin Weekly, and Sin Chew Daily.

Tiantian Daily was once the world's first full-color newspaper, and was once one of the largest sales newspapers in Hong Kong. It is still the mainstream newspaper industry in Hong Kong.

"Youth" and "Fresh Weekly" are both entertainment magazines targeting teenagers, reporting on celebrity news, movie series, fashion, etc., with good sales.

Sin Chew Daily is the second largest Chinese newspaper in Malaysia. It was founded in the early years by Hu Wenhu, the father of Hu Xianer, chairman of Sin Tao Daily. It was later sold to Malay tycoon Lin Qingqian, and was then bought by Huang Yulang for HK$70 million.

These media will be a very good addition to the media empire built in the summer.

Under Sanze Yulang Comics, five best-selling comics are five very good IPs. Whether it is "Bruce Lee", "Chinese Heroes", "Drunk Fist", "Tathagata's Palm" or "Dragon and Tiger Gate", the sales are very high, and the longest serialization has been nearly 20 years (Dragon and Tiger Gate has been serialized since 69 years), which can be said to have accompanied the growth of at least two generations of Hong Kong people.

Therefore, these comics have been integrated into their memories and become part of their lives. If they are adapted into film and television dramas, they will definitely have good box office and ratings. If they are even well operated, they can also be made into the Hong Kong comic version of the Marvel Universe series.

...

"I have figured out Huang Yulang's bottom and know that he lost 350 million Hong Kong dollars in futures speculation in this stock market crash. In order to repay his debts, he had to use his stocks to mortgage to repay his debts. The market value of Yuhuang Group also plummeted by more than 200 million Hong Kong dollars, and now there are less than 600 million Hong Kong dollars left.

Other shareholders were very dissatisfied with his misappropriation of the company's huge amount of money to invest in securities and complained that the CSRC is now investigating him, so he has a hard time now." Liang Botao reported.

Xia Tian nodded and smiled, "I know he's dead this time."

I heard that Huang Yulang has been doing a very miserable situation recently and was very happy in summer.

He had a grudge with Huang Yulang at the beginning. In the 1985th, Huang Yulang wanted to buy out the comic adaptation rights of "The Ethereal Journey", "Buddha is the Tao", "The Tomb Raiders' Chronicles", "The Ming Yue in the Qin Dynasty", and "The Legend of Immortals" for one million Hong Kong dollars. At that time, Xia Tian was criticized back.

Later, when Xia Tian founded her own comic company, Huang Yulang started to sarcastically and sarcastically, saying a lot of bad things, which made Xia Tian itch. Now, when she heard that he was finally in trouble, Xia Tian couldn't help but feel a little gloating.

"I contacted the bank and wanted to buy the stocks mortgaged by Huang Yulang from them. However, despite the constant storm and troubles, Yuhuang Group has not lost its foundation. The sales volume of its main businesses, comics, newspapers and magazines, is still strong, so its stock price is still very strong, and banks cannot sell stocks for no reason. So now I have only bought 20% of the stocks from small shareholders." Liang Botao said, "But Huang Yulang still holds 60% of the stocks, which is probably difficult to deal with."

Huang Yulang mortgaged the stock to the bank and applied for a mortgage loan. Unless the stock price plummeted and hit the closing line and Huang Yulang could not replenish the pledge, the bank allowed the forced closing of the position and sold the shares pledged by Huang Yulang. Otherwise, it would be illegal to do so.

Xia Tian nodded, "Now we still need to find a way to lower the stock price of Yuhuang Group and let the bank force clearance. Botao, look, how about using malicious shorting? "

"No need, the stock market crash has just passed, and the CSRC is strict in managing malicious short selling. We are doing this now, just to cause trouble." Liang Botao waved his hand and said, "I think it's better to wait patiently for a while. Now the CSRC is investigating Huang Yulang, and I think there will be a result soon.

Recalling the ruthlessness of the China Securities Regulatory Commission in dealing with Li Fuzhao, Huang Yulang must have a big fuss this time. Even if he doesn't go to prison, he will at least be strongly criticized and publicly condemned.

The Yuhuang Group's stock may be forced to suspend trading and suspend trading, so its stock price may plummet. Then we can take advantage of the situation and achieve twice the result with half the effort."

Before the stock market crash, Li Fuzhao was the chairman of the Hong Kong Stock Exchange. Later, because the stock market was suspended and the press conference scolded reporters, he was scolded by angry Hong Kong stock investors unanimously. Later, the Hong Kong government sent someone to investigate Li Fuzhao and thanked the world with his "head".

In fact, Li Fuzhao is not a sinner, he is just an order. But facing the angry shareholders, the Hong Kong government can only use him to sacrifice the flag. Huang Yulang's crime is much greater than that of Li Fuzhao. He actually misappropriated the company's huge sum of money to trade stocks, causing such great losses to the company, so he must not be able to escape sanctions.

As long as the Hong Kong Stock Exchange punishes, Huang Yulang, who had previously shown his might, would have to kneel down, and the share price of Yuhuang Group would plummet.

At that time, even if Xia Tian doesn't take action, he will be in trouble. If Xia Tian takes action, he will be dead.
Chapter completed!