Chapter 106: Jiuding Securities

"Xia Yu, Lihe Securities is just right for you to acquire, and the price will definitely be low."

"Moreover, the 20% stake we still hold is essentially worthless. If you want it, I can transfer that 20% stake to you first. If Lihe Securities knows that the shares were abandoned by us, you can acquire it at an even lower price," Liu Tianci suggested.

"Thank you very much, Mr. Liu," Xia Yu responded gratefully.

The presence or absence of HSBC Securities as a shareholder made a significant difference.

If Lihe Securities' shares were still in HSBC Securities' hands, there would still be that connection. With HSBC's backing, they would have more leverage, and outsiders would have to pay a higher price to acquire Lihe Securities.

However, Xia Yu did not need to rely on shares to maintain a relationship with HSBC. Besides his relationship with Liu Tianci, leveraging financial tools was a service provided by HSBC, as long as he followed the proper procedures.

As for seeking HSBC's backing? Xia Yu felt he did not need it; he was his own backing.

In the financial industry, particularly in the stock, futures, and forex markets, once you have sufficient funds, the importance of capability is infinitely elevated. Xia Yu was confident in his abilities, believing he could fully support the company.

Liu Tianci likely understood Xia Yu's situation and did not want to hold onto the shares, letting Xia Yu work for free would harm their relationship.

Now that Liu Tianci was proactively selling the shares held by HSBC Securities to Xia Yu, Lihe Securities' value would drop significantly without HSBC as a shareholder. This could be seen as Liu Tianci helping Xia Yu reduce the price, doing him a favor and facilitating the acquisition.

"I'll transfer the 20% shares to you now! Just give me 500,000, as this isn't worth much anyway, at least it recovers the cost," Liu Tianci said after thinking for a moment.

"Thank you, Mr. Liu!" Xia Yu expressed his gratitude. This price was low, essentially just the cost of the license. If Xia Yu were to initiate the acquisition of Lihe Securities, he would likely end up spending no more than two million.

Liu Tianci made arrangements and instructed his staff to draft the contract, while Xia Yu stayed with Liu Tianci, drinking tea and waiting.

After a while, the staff brought the contract over, and Xia Yu quickly reviewed it.

With the memory of those big players, reviewing contracts was a breeze, completely unnecessary to involve a lawyer.

"No problem!"

After finishing, Xia Yu signed the contract without hesitation.

"Mr. Liu, once the money is in, just deduct it directly," Xia Yu said as he handed the contract to Liu Tianci.

"I understand," Liu Tianci nodded with a smile.

"By the way, I will need your help to make some connections later," Xia Yu requested.

"Of course, Sun Feixing has long wanted to sell Lihe Securities, but no one was interested. Now that you want to buy, he'll probably be more than happy," Liu Tianci said with a faint smile, indicating that making connections was a simple task for him.

...

Then, seeing that there were no other matters, Xia Yu returned to his company with the contract.

The next day, Liu Tianci arranged a meeting with Sun Feixing and brought along Wang Qi, whom Liu Tianci had praised.

Initially, Sun Feixing wanted to set a high price, but Liu Tianci directly informed him that he had sold HSBC's shares to Xia Yu.

This revelation completely disrupted Sun Feixing's negotiation plans and made him face reality.

Sun Feixing, who originally wanted to sell the company, lost his negotiating leverage and ended up agreeing to a total company valuation of 2.5 million, with 80% of the shares amounting to 2 million. He transferred all his shares and signed the agreement on the spot.

As a result, Xia Yu now held 100% of Lihe Securities' shares, and from this moment, the company with a complete securities license belonged to him!

Afterward, Sun Feixing left first, leaving Wang Qi to hand over the company to Xia Yu.

Wang Qi quickly and concisely briefed Xia Yu on the specifics of Lihe Securities.

Noticing Liu Tianci sitting beside Xia Yu, Wang Qi hesitated for a moment before asking, "Boss, are you the one from *Jiuding Daily*?"

During the negotiation, Liu Tianci had only introduced Xia Yu by name and had not detailed his specific identity. However, Wang Qi saw Xia Yu's name on the contract and was curious if this was indeed the same Xia Yu.

Having felt stifled and exhausted during his time at Lihe Securities, Wang Qi had been wanting to switch jobs. He had been holding on due to his promise to Sun Xiuyuan and knew that as long as Sun Feixing was in charge, Lihe Securities had little hope.

Now that Sun Feixing had finally sold the company, the constraints on him had vanished. Wang Qi wanted to take a break and find a new company.

However, seeing Xia Yu's name made him think of *Jiuding Daily* and Xia Yu who wrote stock commentaries and business analysis articles.

Moreover, Wang Qi had been following the recent upheaval in the stock market caused by the Da Fa Real Estate battle. Tianwu Securities, which had been thriving, was knocked down, and everyone in the securities industry was astonished.

He knew it was related to *Jiuding Daily*, and later found out that HSBC Securities was involved, but the exact connection with *Jiuding Daily* remained unclear.

Now, seeing HSBC Securities' Kowloon branch manager sitting beside Xia Yu, Wang Qi realized the connection was far from ordinary, and his thoughts became more active.

If the Da Fa Real Estate battle was indeed related to Xia Yu, and now Xia Yu was acquiring Lihe Securities, clearly preparing for something significant, then Wang Qi saw no reason to leave. Lihe Securities was bound to undergo a transformation, and its future looked promising.

Xia Yu smiled and nodded, "Yes, *Jiuding Daily* is indeed mine."

"And I plan to invest over twenty million into the company. I will need you to help manage the company's affairs."

"Twenty million!" Wang Qi's eyes widened in shock. He was astonished that Xia Yu not only acquired the company but also planned to inject such a huge amount of capital.

Although Lihe Securities' peak capital was around thirty million, Xia Yu's twenty million was still substantial. The difference was significant.

Previously, Lihe Securities' capital came from external fundraising, and investors could demand their money back.

However, Xia Yu's planned investment was his own capital, which was a completely different matter!

If Xia Yu did inject that money, Lihe Securities would definitely undergo a major transformation.

Considering if Xia Yu was indeed involved in the Da Fa Real Estate battle, Wang Qi could imagine that Xia Yu's capabilities were extraordinary. With a capable boss and such massive funding, Wang Qi saw a bright future.

"Wang Qi, you should seize this opportunity. Despite Xia Yu's young age, his ability surpasses mine. I was even considering recruiting you to HSBC, but now that Xia is your boss, I won't pursue that. During the Da Fa Real Estate battle, Xia was in charge, and HSBC was only assisting him."

Liu Tianci, who had been sitting quietly, spoke to Wang Qi, revealing insider information to help Xia Yu establish authority and ease future management.

In any situation, power is paramount. Xia Yu's capabilities could command respect from those below.

Liu Tianci's words were pre-discussed with Xia Yu. Xia Yu saying it wouldn't be as effective, but Liu Tianci's statement carried more weight.

Moreover, Wang Qi would eventually learn about the Da Fa Real Estate battle's details, so it was better to inform him now to win him over.

"Really?" Wang Qi looked at Liu Tianci in shock, and after seeing Liu Tianci's serious expression, he turned to look at the smiling Xia Yu.

"Hmm…" Wang Qi took a deep breath, but his astonishment only grew stronger.

Wang Qi trusted HSBC Securities' Kowloon branch manager completely, knowing that Liu Tianci, a major figure, had no reason to deceive him.

Yet, it was precisely because of this trust that Wang Qi was astonished, not expecting such a large-scale operation to come from this young man. It was incredible!

"Alright, it's actually quite normal. You'll know when you get involved. It's just like that," Xia Yu said, shaking his head slightly, showing indifference.

"It's getting late. Please take me to the company. I need to meet the other employees and let them know that the company has a new owner." Xia Yu adjusted his collar and stood up.

"Okay! Boss!" Wang Qi took a deep breath to calm his emotions and responded with great respect.

Xia Yu was not only his boss but also a powerful figure whose abilities surpassed his own, making him feel a deep sense of respect.

"Mr. Liu, I'm really sorry for taking up so much of your time," Xia Yu said, shaking hands with Liu Tianci and expressing his apologies.

"No problem. I had nothing else to do anyway," Liu Tianci said nonchalantly.

"Then I'll head over first. I'll reach out to you for tea when I have time!"

"Alright, take care!"

...

Subsequently, Xia Yu followed Wang Qi to Lihe Securities, met with other employees, and announced his new role as the owner, reassuring the staff.

After taking over the company, Xia Yu issued instructions: "Wang Qi, all business operations are to be suspended for now. The company will undergo a restructuring.

I noticed that Sun Feixing has withdrawn all the company's own funds. The remaining five million is management funds. Please return all these funds. The current terms are not suitable, and everything should be restarted after the company's restructuring. My funds can be transferred to the company account in the next couple of days; we currently do not lack capital."

"Understood!" Wang Qi nodded in agreement.

Although returning the over five million in management funds was a bit regrettable, as it took considerable effort to persuade investors to keep it, following the boss's first command was a priority. With the boss's funds coming in, the over five million seemed less important.

"Also, register the company again, and name it Jiuding Securities Limited. Then, handle offshore processing. I'll publicly hold only 20% of the shares, and hide the remaining 80% as much as possible by registering multiple companies and making it complex," Xia Yu thought for a moment and instructed.

"Got it, Boss!" Wang Qi said with a serious expression.

Offshore processing is quite common in financial companies, but it's usually done by larger firms to hide their wealth.

Even though Jiuding Securities, formerly Lihe Securities, had not yet reached such a scale, the boss's requirement had to be met. This request also reflected Xia Yu's ambition, showing confidence that Jiuding Securities would grow and thus needed to be discreet from the start.

"Alright, you can get busy now. Report back to me if anything comes up!"

After considering, and finding nothing else to say, Xia Yu dismissed Wang Qi and sat on a bench, closing his eyes to contemplate.