Reborn as a tycoon in Hong Kong

Cangjiang Industrial was also acquiring Wheelock's Federal Building and International Building. Hutchison Whampoa soon knew about it, because Wheelock needed to use Cangjiang Industrial to raise the price, so of course it had to take the initiative to inform Hutchison Whampoa. this matter.

Negotiations for the acquisition were ongoing, and Wei Li, who learned of this, reported the matter to Lin Baicheng.

The reason why Wei Li reported to Lin Baicheng was because Lin Baicheng instructed him to suppress Cangjiang Industrial as much as possible, so of course he had to report to Lin Baicheng regarding the important acquisition of Cangjiang Industrial, not to mention that the acquisition targets of both parties overlapped this time.

"Li Jiacheng is also acquiring the Federal Building and the International Building, and he did it earlier than us? Where did Cangjiang Industrial get so much money?"

Lin Baicheng was very surprised after listening to Wei Li's report. Although Lin Baicheng was excluded by Li Jiacheng because he had too few shares, and he was not a director of Cangjiang Industrial, and he was unable to know the major decisions of Cangjiang Industrial, he knew exactly how many assets Cangjiang Industrial had.

Cangjiang Industrial's current market value is more than HK$800 million, but its net assets are only a little over HK$200 million. Even if it borrows from a bank, Li Jiacheng is considered capable if he can borrow up to HK$500 million. However, Hutchison Whampoa estimates that the Federal Building and the International Building are worth about HK$800 million, and Cangjiang Industrial logically does not have that much money to make acquisitions.

Weili said aloud: "Cangjiang Industrial's acquisition of the Federal Building and the International Building has been investigated, and it was indeed earlier than us. The two parties originally had a good negotiation, but because of our sudden intervention, Wheelock temporarily stopped it. The negotiation with Cangjiang Industrial was obviously an attempt to take the opportunity to raise the price.”

"As for where Cangjiang Industrial got so much money, I think there is no other possibility except borrowing from banks. Among all the banks in Xiangjiang, only one bank has the ability to provide such a large loan amount to Cangjiang Industrial in one go. After checking several companies, if you want to check it, you can still find it."

"Since it can be found, let's find time to check it out."

The first thing that came to Lin Baicheng's mind was HSBC, but whether it was HSBC or not, he would just have to check it out.

"Li Jiacheng is my opponent, and Hutchison Whampoa has also been suppressing Cangjiang Industrial. Since there are banks that support Cangjiang Industrial, we can't do anything without investigating."

"Mr. Lin, with the current strength of you and Hutchison Whampoa, there is no need to take Cangjiang Industrial to heart. The two parties are not on the same level at all."

Wei Li said aloud that he felt that Li Jiacheng and his boss were not on the same level at all, and there was no need to treat Cangjiang Industrial so carefully.

"Don't underestimate Li Jiacheng. If you can suppress Cangjiang Industrial and prevent Cangjiang Industrial from having more room for development, then I will be satisfied."

Lin Baicheng shook his head. He would not underestimate Li Jiacheng, and he did not think he could simply defeat Li Jiacheng completely. Li Jiacheng is optimistic about the development of the Xiangjiang real estate industry, so as long as his development direction does not change, even if Hutchison Whampoa is targeted, it will only develop slower at most and cannot be defeated at all.

Unless, like the last time Li Jiacheng shorted Hutchison Whampoa, Li Jiacheng suffered a similar loss, this could weaken Li Jiacheng's strength or even defeat Li Jiacheng.

It's a pity that Lin Baicheng didn't know that Li Jiacheng hardly suffered any losses last time. After all, let alone Lin Baicheng, his opponent, even Feng Jinxi, his partner, didn't know that Li Jiacheng had almost no losses. There were only a few people who knew about it, and they were all Li Jiacheng's cronies.

"Don't worry, Mr. Lin, with Hutchison Whampoa's strength, Cangjiang Industrial will definitely not be able to develop as it wishes."

Wei Li immediately said that he still had this confidence.

"Mr. Lin, there is competition from Cangjiang Industrial this time, what should we do better?"

"Do you have any ideas?"

Lin Baicheng pushed Wei Li's question back.

Wei Li organized his words and said carefully: "Mr. Lin, there are many opportunities to suppress Cangjiang Industrial. We don't have to take down the Ocean Center, Federal Building and International Building just because of the existence of Cangjiang Industrial. I think We should have a firm bottom line. Once the prices of these three properties are higher than the reserve price set by the company, we should give up and move to acquire other properties."

"I understand your worries, don't worry, I'm not stupid."

After hearing this, Lin Baicheng couldn't help but smile and waved his hands: "It is true that I really want to suppress Cangjiang Industrial, but unless I can kill Cangjiang Industrial, I will not harm my own interests in order to suppress Cangjiang Industrial. Besides, Cangjiang Industrial If Jiang Industrial cannot acquire Wheelock's property, it can still acquire other properties. We can't stop it every time, so there is no need for a dispute of temper."

"Mr. Lin, that's what you said."

Wei Li was secretly relieved when he heard this. He was originally worried that his boss was young and energetic, but now it seemed that he was overthinking it.

Lin Baicheng said solemnly: "Ignore Cangjiang Industrial. As long as Wheelock's bid exceeds the company's bottom line, then reject the acquisition and change the target."

"Yes, Mr. Lin!"

Wei Li nodded in agreement.

After a while, Wei Li said goodbye and left the office.

After Wei Li left, Lin Baicheng began to think deeply. He was wondering if there was a better way to target Cangjiang Industrial.

"It seems that we still need to target Cangjiang Industrial in the real estate industry."

After a while, Lin Baicheng thought to himself that apart from targeting Cangjiang Industrial in the real estate industry, other methods would not be of much use to Cangjiang Industrial.

As for the real estate industry, it is nothing more than targeting land, building materials, house sales, etc.

"It seems that I need to step up the acquisition of those companies. This will not only better target Cangjiang Industrial, but also prevent my own real estate industry from being targeted."

Lin Baicheng soon had a general idea, and he decided to find time to discuss it with a few assistants to see if it would work.

Hutchison Whampoa now has strong strength and a lot of talents, so it is not only talking with Jardine Matheson and Wheelock, but also with other acquisition target companies, and multiple teams are jointly attacking.

In this way, it can also give the illusion to all parties that Hutchison Whampoa has many choices, but the properties to be acquired are limited, thus avoiding the target company's big opening.

Soon, Jardine Matheson gave Hutchison Whampoa a clear answer. The Golden Gate Tower could be sold, but the price needed to be discussed.

At the same time, Wheelock also gave an answer, that is, the Ocean Center will not be sold, and only the Federal Building and the International Building can be discussed. However, Wheelock also said that Cangjiang Industrial also has acquisition intentions, so the price needs to be discussed carefully.

Both groups intend to sell the property to raise funds, but both want to sell it at a high price. What Hutchison Whampoa has to do is negotiate the price within the bottom line. The lower the better, if it exceeds the bottom line, it has no choice but to give up.