Reborn as a tycoon in Hong Kong

On the morning of November 28th, Qingzhou Yingni Company, conference room.

"Lin Sheng, happy cooperation!" "Li Sheng, happy cooperation!"

Lin Baicheng and Li Jiacheng each signed several contracts and completed the transaction.

Lin Baicheng sold 30% of the 800,000-square-foot land plot held by Qingzhou Yingni Company in Hung Hom to Cangjiang Industrial Company at market price, while Li Jiacheng sold 13.2% of his shares to HK$3 per share. Lin Baicheng.

The land of the Ying Ni Company in Hung Hom is related to Hutchison Whampoa. In 1898, the Ying Ni Company of Australia Island moved its headquarters to Hung Hom in Hong Kong and cooperated with Whampoa Dockyard, one of the predecessors of Hutchison Whampoa. After reclaiming the sea, the headquarters and a larger cement factory were built, employing more than 3,000 people at that time.

However, after 1960, because cement production emitted a large amount of dust pollution, which had a great impact on the surrounding environment, Qingzhou Yingni Company demolished part of the factory and rebuilt it into three buildings: Qingbao, Qingdao, and Qingzhou.

The 800,000-square-foot land area of ​​Jinzhou Yingni Company refers to the area including the headquarters, three buildings and existing factories, not that there is so much undeveloped land. If this is the case, the stock price of Jinzhou Yingni Company That’s more than 100 million Hong Kong dollars.

You should know that although the Hung Hom plot held by the Yingni Company is industrial land and the price of industrial land is cheap, when Lin Baicheng originally bought the industrial land in Kwun Tong, it cost more than 60 Hong Kong dollars per square foot. This was after the Hong Kong government's preferential treatment. s price.

The market price of industrial land in Hung Hom is HK$80 per square foot, so 800,000 square feet is HK$64 million. If the land for the headquarters, factory and three buildings were taken into account, the stock price of Qingzhou Yingni would have more than doubled.

There are only 500,000 square feet of undeveloped land left in Jinzhou Yingni Company. The headquarters, factory and three buildings occupy 300,000 square feet of land, which is more than 20,000 square meters. However, the development value of the more than 20,000 square meters of land is extremely low. The headquarters is used by itself, the factory is used to produce cement, and the three buildings are basically used by employees. The charges are low and they do not create much profit.

This time, Lin Baicheng sold 240,000 square feet of the undeveloped 500,000 square feet of land to Cangjiang Industrial for a price of HK$19.2 million. Li Jiacheng's 13.2% stake is 6.6 million shares, priced at HK$3 per share, and sold for HK$19.8 million, which means Li Jiacheng only received HK$600,000.

Lin Baicheng is different. He wants to spend 19.8 million Hong Kong dollars to acquire Li Jiacheng's shares. As for Li Jiacheng's land purchase money, it belongs to Qingzhou Yingni Company. Only after Qingzhou Yingni Company is completely acquired and delisted by Lin Baicheng, This money is considered Lin Baicheng's. Now we can only say that Lin Baicheng's share of the money will belong to Lin Baicheng.

Lin Baicheng originally held 75.3% of the shares, and acquired Li Jiacheng's 13.2%, plus about 7.5% of the shares acquired from the stock market after the comprehensive acquisition. Now his shareholding in Qingzhou Yingni Company has reached about 96%.

As long as the remaining 4% is acquired, Lin Baicheng will have completed 100% control of Qingzhou Yingni Company. Even if he can't acquire all of them, as of this Friday, Lin Baicheng will stop the acquisition and delist Qingzhou Yingni Company, leaving no less than the remaining shares.

After completing the transaction, Li Jiacheng was very happy. He said: "Lin Sheng, regarding the development of these lands, I hope that our two companies can discuss the planning together. After all, our lands are connected together, and joint development will not be a problem." As for the impact, it’s good for us all.”

Lin Baicheng nodded: "In principle, I have no problem, but the land in Qingzhou Yingni will not be developed in the short term, maybe it will take a few years."

Hearing this, Li Jiacheng also said: "If these industrial lands are converted into commercial land, the difference will have to be paid to the Hong Kong government. We can wait until the land price becomes cheaper and then make up the difference. Then the development will be more profitable."

"I knew this guy would do this!"

Lin Baicheng couldn't help but secretly thought in his heart that he thought the same thing. It was said that he was inspired by what Li Jiacheng did in his previous life, because this was what Li Jiacheng did in his previous life, and Li Jiacheng did the same thing today. He would do anything to trick Li Jiacheng. No chance, it's good that the other party didn't try to trick him.

"We will discuss the specific development after we are ready to pay the price difference and change the nature of the land."

"Then we'll talk about it then."

Li Jiacheng nodded upon hearing this and did not object. It was indeed too early to talk about this now.

Just when Lin Baicheng thought that the two of them were talking about this, and Li Jiacheng was about to leave, Li Jiacheng suddenly said: "Lin Sheng, I heard that Standard Chartered, who was originally negotiating with Hehuang, rejected the fixed increase?"

"Li Sheng's information is really well-informed. This is indeed the case."

Lin Baicheng looked at Li Jiacheng with deep meaning. Li Jiacheng really cared about his company.

"I personally am quite optimistic about Hutchison Whampoa. If Lin Sheng is willing to give a discount on the current stock price, I will be very happy to invest in Hutchison Whampoa's fixed increase."

The reason why Li Jiacheng said this was because he wanted to buy the bottom. Before Hutchison Whampoa was acquired by Lin Baicheng, the market value of less than 3 billion Hong Kong dollars was underestimated in his opinion. 6 billion Hong Kong dollars was the normal market value of Hutchison Whampoa in his mind. After Lin Baicheng acquired Hutchison Whampoa, he brought Hutchison Whampoa With a profit of one billion Hong Kong dollars, plus the development of a large amount of real estate, Hutchison Whampoa's normal valuation in his mind is above eight billion Hong Kong dollars.

As long as Hutchison Whampoa's stock price is below HK$25, Li Jiacheng thinks it is not overvalued and is within the normal stock price range, so he is willing to spend money to buy the bottom. However, since it was bargain hunting, the lower the purchase price, the better, so he wanted to ask Lin Baicheng for a lower fixed-increase price.

"If Hutchison Whampoa does a private placement, the price will only be above HK$30, so there will no longer be a private placement."

Lin Baicheng immediately shook his head after hearing this. Although he didn't know the specific thoughts of Li Jiacheng, he immediately thought that Li Jiacheng was going to buy the bottom because he himself did not think that the current stock price of Hutchison Whampoa was overvalued, let alone give Li Jiacheng a price. Jiacheng has a lower fixed increase price.

If a fixed-increase plan at a lower price is really given, then why should it be given to Li Jiacheng? It would be better for him to spend his own money to eat it. If he wants to get the bargain, he will get it himself.

Li Jiacheng was a little disappointed when he heard this. He reminded: "Lin Sheng, you should know that there are funds currently shorting Hutchison Whampoa."

"I have asked my friends in the United States to put money in the stock market after the stock price fell below 25 Hong Kong dollars. If you are paying attention, Mr. Li, you should know that there was a large amount of money in the stock price yesterday. That is my friend in the United States."

The reason why Lin Baicheng told Li Jiacheng this was because he hoped that Li Jiacheng could buy Hutchison Whampoa's shares above HK$25 so that he could spend less money. The main reason was that he was worried that his funds would not be able to withstand the pressure from the short side. .

It would be best if Li Jiacheng could buy above HK$25. Li Jiacheng would not suffer any loss if he did not buy Lin Baicheng. It was just an extra word.

"Lin Sheng has a friend to help with the tray, so he seems to be winning."

Li Jiacheng smiled and thought to himself, no wonder. Yesterday, he was wondering where so many funds were on the tray. It turned out to be the person Lin Baicheng was looking for. This makes sense.

After the two chatted for a few more words, Li Jiacheng said goodbye and left, while Lin Baicheng continued to stay at Qingzhou Yingni Company.

The stock market was very calm this morning, at least for Hutchison Whampoa. The stock price fluctuated around HK$26 just like yesterday afternoon. Occasionally it fell below HK$25 and quickly rebounded.

There was no movement on the short side, so Lin Baicheng naturally didn't need to pay attention all the time. After all, he was quite busy.