Reborn as a tycoon in Hong Kong
Chapter 304 No leisure time
Saturday.
Lin Baicheng had lunch with the two presidents of Xinhua News Agency, Wang Yiping and Li Fuquan.
For now, Lin Baicheng will not take the initiative to contact the two presidents of Xinhua News Agency because he has nothing to ask for their help. Usually, the two parties only meet when the two presidents want to visit him. This time too No exception.
However, for this visit, Lin Baicheng chose to invite the two presidents to have dinner together.
After the meal, the three of them drank tea and chatted, and gradually got to the main topic.
"Mr. Lin, the current domestic negotiations for establishing diplomatic relations with the United States have come to an end. If nothing unexpected happens, the two countries will formally establish diplomatic relations soon."
"The domestic development direction of focusing on economic construction will not change. Next year, comrades from the domestic investment promotion bureau will come to invite Mr. Lin and other Hong Kong businessmen to invest in the mainland. I also hope that Mr. Lin can give more support by then."
"If you invest, there is no problem."
After listening to what the two of them said, Lin Baicheng nodded in agreement, and then said: "However, there are some investment issues that I need to understand first."
Li Fuquan asked: "Mr. Lin, I wonder what the problem is?"
"For example, if the investment is in a factory, can the product be sold domestically? What industries can be invested in? Is the invested company a sole proprietorship? There are also issues such as exchange rates."
Lin Baicheng didn't hide anything and expressed some of his doubts.
Wang Yiping listened and said: "Mr. Lin, we can't reply to these questions now, but we will report it to the superiors. When the comrades from the China Merchants Bureau come over, they will definitely give a detailed explanation to Mr. Lin and other Chinese businessmen."
"It will be nice to have someone specialized explain it then."
Lin Baicheng nodded and said no more.
Wang Yiping said: "Mr. Lin, when comrades from the China Merchants Bureau come over, we will invite all Chinese businessmen in Xiangjiang to invest in the mainland. We also hope that Mr. Lin can come on stage and help invite some people to invest in the mainland." This is what they are doing. The purpose of visiting Lin Baicheng today.
"I probably can't help with this."
Lin Baicheng shook his head when he heard this: "It's not that I don't want to help. The two presidents should know very well that I only started to make a fortune last year. Plus my age, I can only be acquaintances with those Chinese businessmen, not many. Familiar. The one I am most familiar with is probably Bao Yugang and Bao Sheng, but I think you will definitely invite Bao Sheng, and Bao Sheng will also agree to invest in the mainland, so you don’t need my help anymore. "
Li Fuquan praised: "Mr. Lin is so humble. With your current fame and strength, your influence is very important."
"All I can say is try your best."
Lin Baicheng was not prepared to speak too loudly, lest he would be unable to step down when the time came.
"Mr. Lin, I really appreciate your willingness to help."
Wang Yiping and Li Fuquan expressed their gratitude excitedly.
"You two are welcome."
Lin Baicheng waved his hand.
Afterwards, the three of them talked about other things. Lin Baicheng originally wanted the two presidents to help find out if his mother, Zhao Huilan, had any relatives in the mainland. But then she thought it would not be a good idea to ask for help before she started investing, so she decided to wait until next year. After you start investing in the mainland, it is not too late to ask the mainland government to help with the investigation.
Although it was Saturday, Lin Baicheng had no time to spare.
At about 2:30 in the afternoon, Lin Baicheng went to the Peninsula Hotel again and had afternoon tea with Bao Yugang.
Only this time, it was Lin Baicheng who invited Bao Yugang to come here for afternoon tea.
"Sheng Bao, what do you think of Hutchison Whampoa?"
While chatting, Lin Baicheng asked Bao Yugang.
Although he didn't know why Lin Baicheng asked himself this, Bao Yugang still pondered: "Although Hutchison Whampoa's stock price has dropped a lot recently, in the final analysis, it was caused by too much increase in the early stage. You know, at the beginning of the year, Lin Sheng, when you first took over Hutchison Whampoa, the market value of Hutchison Whampoa was less than HK$3 billion. Before this crash, it rose to more than HK$20 billion. A seven to eight-fold increase is really impressive. amazing."
"The current decline in Hutchison Whampoa's stock price is a return to a reasonable value. Lin Sheng, you don't need to be worried about the recent decline in stock price. As long as the company develops well, the company's stock price will rise again in the future."
Bao Yugang expressed relief. He thought Lin Baicheng was upset because of the recent drop in Hutchison Whampoa's stock price. After all, Hutchison Whampoa's market value had dropped by HK$7 to 8 billion. He would not be able to bear it and would be heartbroken. .
"Thank you, Mr. Bao. I actually know all of this."
Lin Baicheng expressed his thanks, and then said: "Sheng Bao may not know that someone is shorting Hutchison Whampoa. Therefore, after discussion, the board of directors decided to issue additional shares to enhance the company's strength, and at the same time invite private investors to become directors of the company."
"Does Mr. Lin want to invite me to become a director of Hutchison Whampoa?"
Bao Yugang understood the meaning of Lin Baicheng's words. Otherwise, it would be unreasonable for the other party to suddenly say this to him.
"Yes, that's what I meant."
Lin Baicheng nodded and invited Bao Yugang not only because the two had a good relationship, but also because Bao Yugang was famous enough and Bao Yugang was a Chinese-funded boss. Although Lin Baicheng took over Hutchison Whampoa, the company still had a large British capital component. Lin Baicheng wanted to slowly reverse this situation, and adding major Chinese shareholders was one of the means.
"Lin Sheng, how many shares are you planning to increase this time? And what is the price?"
After Bao Yugang pondered for a while, he still asked.
Lin Baicheng did not hide anything, and said truthfully: "It is roughly between 5% and 10%, and the fixed increase price is between 33 Hong Kong dollars and 37 Hong Kong dollars."
After hearing this, Bao Yugang silently calculated in his mind. The fixed increase price was calculated based on the mid-point price of HK$35. That is, based on Hutchison Whampoa's market value of HK$14 billion, the fixed increase of 5% of the shares would cost at least HK$700 million. At most, it will be more than 1 billion Hong Kong dollars.
At least 700 million Hong Kong dollars, which is not a small amount even for Bao Yugang, so of course he has to think carefully to see if it is worth participating in Hutchison Whampoa's fixed-increase median.
"Lin Sheng, I can't answer you now. I need to go back and think about it seriously."
Without thinking for long, Bao Yugang spoke up. Unless the fixed increase price is extremely low, he will definitely not make a decision right away. Even if he decides to participate in the fixed increase, he has to go back and have someone calculate it carefully to see which fixed increase price is more suitable.
"this is necessary."
Lin Baicheng was not surprised when he heard this. After all, this involved an investment of at least hundreds of millions of Hong Kong dollars. It would be strange if Bao Yugang agreed immediately.
If it were Lin Baicheng himself, unless he thought he had taken advantage of it and wanted to avoid any mishaps, he would not agree immediately and let his team conduct a more professional evaluation, which would be the right choice.
Afterwards, Lin Baicheng and Bao Yugang chatted about other things, and soon they left the Peninsula Hotel.
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