Reborn as a tycoon in Hong Kong
Chapter 198 Dividing the spoils and the home appliance market
Friday, April 28th.
This is the last trading day of the week for the stock market and the last trading day of the month.
On this morning, Iwasaki Mineryu sold all the stocks, and then Lin Baicheng and Iwasaki Mineryu sat down together with their lawyers to divide the spoils.
The options have been sold long ago, and the profit is HK$1.39 billion.
There are a total of 55 million shares. Iwasaki Mineryu sold them after the stock price exceeded 30 Hong Kong dollars. Later, the stock price fell below 30 Hong Kong dollars and continued to sell. Therefore, the average selling price was relatively high. The average selling price was 29.2 Hong Kong dollars, and the price was 1.606 billion. Hong Kong dollars.
In terms of cost, the total cost of 48 million shares is HK$4.1, and the cost of the remaining 7 million shares is HK$5.3. The total cost is nearly HK$234 million.
After deducting handling fees, the total profit from stocks was HK$1.365 billion.
The combined profits from options and stocks are HK$2.755 billion.
This time, Lin Baicheng and Iwasaki Mineryu wanted to share the profits immediately. They were not prepared to leave the funds in their accounts, so they needed to pay taxes, which was HK$275.5 million.
As a result, the remaining profits that Lin Baicheng and Iwasaki Mineryu can distribute is HK$2.4795 billion.
Iwasaki Mineryu rounded up the whole number and gave Lin Baicheng 1.24 billion Hong Kong dollars, and Lin Baicheng was not polite about this. It's only 250,000 Hong Kong dollars. With their two net worths and the profit this time, there is no need to push it around politely.
"Jun Lin, thank you so much this time for helping me make a fortune."
Mineryu Iwasaki held Lin Baicheng's hand and shook it constantly, feeling grateful. He made nearly 300 million US dollars in profit in less than a month. It was such a surprise.
"Iwasaki-kun, don't be polite. Let's make a fortune together."
Lin Baicheng laughed, feeling regretful that he had not expected to earn so much. If he had known he could earn so much, he would have thought of ways to use his own funds. It was impossible to say that Iwasaki Mineryu made so much money for nothing, but it was impossible to say that it was not a pity, but the matter was over, and there was no point in thinking about it anymore.
The subordinates checked the contract and were responsible for the transfer and docking, while Lin Baicheng and Iwasaki Mineryu went to the side to talk.
Iwasaki Mineryu said: "Lin Jun, I thought about it and felt that it is necessary to increase capital for the Bailong Commercial Co., Ltd. we cooperate with, increase the company's scale, and increase the company's development speed. What do you think?"
"of course."
Lin Baicheng nodded in agreement without thinking: "Iwasaki-kun, how much capital do you think is appropriate to increase?"
"How about $50 million per person?"
This time the profit was nearly 300 million U.S. dollars. Iwasaki Mineryu's view suddenly changed. He felt that Bailong Trading Company might have a promising future, so he wanted to increase his chips. Even if his judgment is wrong and Bailong Commercial Club eventually loses money and goes bankrupt, he will only lose US$100 million at most. The profit this time is completely enough to make a loss.
"Okay, no problem."
Lin Baicheng nodded in agreement, and then said: "Iwasaki-kun, the company's funds have increased, which means that it can obtain more land. In terms of obtaining land, you still need to contribute. Some better plots will require more from you." Be attentive.”
The acquisition of land also requires the efforts of Iwasaki Mineryu. Land plots in better locations will be more valuable after development is completed. Therefore, Lin Baicheng hopes that Iwasaki Mineryu can be more attentive and obtain some land plots in good locations.
This time, it was Iwasaki Mineryu who brought Lin Baicheng to make money, and used the relationship between Mitsubishi Bank and the Iwasaki family to develop and expand Bailong Commercial Club.
"Don't worry, Mr. Lin, just leave these things to me."
Iwasaki Mineryu agreed. Since he has increased his investment, of course he will also increase his investment in personal connections. He invested 100 million US dollars in real money. Even if he lost it all, he would not lose anything. But if he could make money, why wouldn't he make money? Not only does he want to make money, but he also wants to make a lot of money, preferably more than five times the profit in a few years.
Lin Baicheng said: "Iwasaki-kun, I want to ask you for a favor."
"Jun Lin, please tell me, as long as I can do it, I will never refuse."
Iwasaki Mineryu immediately said that it was a good thing that Lin Baicheng asked him for help. Only by frequent contacts can good things like this kind of wealth befall him in the future.
"Is such that."
Lin Baicheng said: "I want to enter the home appliance market, so I ask you to help me see if any home appliance company is interested in selling it as a whole after returning to Japan, or if there is any company willing to sell related technology."
Iwasaki Mineryu asked: "Lin, which type of home appliance market do you want to enter?"
"Televisions, refrigerators, washing machines, any one of these three is fine. It would be better if any company has related home appliances or even more home appliance technologies."
The 1980s and 1990s were a good time to make home appliances, so Lin Baicheng intended to enter this industry. Originally, he thought about entering the home appliance industry after he had more money in a year or two, but who allowed him to have more than one billion Hong Kong dollars in funds now.
Although it would be good to use the money to buy long gold futures, if you enter the home appliance market earlier and catch up with world-class advanced technology earlier, the profits you can make in the next few decades will not be small.
One thing Lin Baicheng knows very well is that in similar acquisitions, it is difficult to buy world-class technology, or even second-class technology. However, as long as relevant technologies and patents can be purchased, as well as R\u0026D talents, driven by funds, he is not afraid of companies chasing after him. Can't keep up with other big companies.
"When I return to Japan, I will help you look for it, Mr. Lin."
Iwasaki Mineryu nodded in agreement first, and then said: "But Mr. Lin, there is one thing I want to tell you first, that is, it is almost impossible for you to buy the most advanced technology. Usually companies with the most advanced technology are in a state of profitability. China will not sell the company or technology."
"I understand this, Iwasaki-kun, just do your best."
Lin Baicheng nodded and said: "I will look for it in the United States at the same time. If I find a target in the United States, I will inform you in advance, Mr. Iwasaki." He will not put all his eggs in one basket. , it doesn’t matter which side of the United States or Japan has news.
Iwasaki Mineryu said nothing after hearing this, but he was thinking in his heart that he must help Lin Baicheng handle this matter, so that he can show his ability.
Time passed as the two chatted until the division of the spoils was completed, and 1.24 billion Hong Kong dollars were transferred to Lin Baicheng's account.
Of the 1.24 billion Hong Kong dollars, 210 million Hong Kong dollars will be converted into 50 million U.S. dollars and transferred to Japan. At that time, it will be injected into Bailong Commercial Club together with Iwasaki Mineryu's 50 million U.S. dollars.
The remaining 1 billion Hong Kong dollars are the funds Lin Baicheng prepared to enter the home appliance market. Whether the money is enough, or whether it will be too much, will not be known until the target company is identified.
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