Reborn as a tycoon in Hong Kong

In December 1978, the Third Plenary Session of the Eleventh Central Committee of the Communist Party of China decided on reform and opening up, which attracted the attention of many countries.

Due to the special situation in Xiangjiang, it goes without saying that the attention has been drawn.

At the end of January 1979, the Shekou Industrial Zone was established in the Mainland.

Under such circumstances, the Xiangjiang Investment Promotion Bureau established in the mainland naturally assumes the heavy responsibility of attracting foreign investment. Xinhua News Agency, which has an important position in Hong Kong, naturally assists the comrades of the Investment Promotion Bureau in related tasks of attracting investment.

In March, leaders from the Mainland China Investment Promotion Bureau came to Xiangjiang to establish contact with the Xiangjiang business community through Xinhua News Agency.

Lin Baicheng is currently the richest man in Hong Kong. He is also a new force at a young age. He also controls media channels and is close to the mainland. Therefore, he is naturally one of the key targets for investment by China Merchants.

The leaders of China Merchants Bureau first visited Huo Yingdong, an entrepreneur who had always supported the mainland, and then sent an invitation to Lin Baicheng through Huo Yingdong and the two presidents of Xinhua News Agency, Wang Yiping and Li Fuquan.

Wang Yiping and Li Fuquan had told Lin Baicheng about this before, and Lin Baicheng had promised them. Of course he would not go back on his word, so he met with the leaders of the investment promotion bureau from the mainland who came to Xiangjiang.

During this meeting, the leaders of the China Merchants Bureau mainly invited Lin Baicheng to invest in the Shekou Industrial Zone in the mainland. Currently, the only place where foreign investment is allowed in the Mainland is Shekou. Even if you want to invest in other places, they are still unwilling to accept it. Reform and opening up have not yet reached that level.

Lin Baicheng agreed to this matter, but said that he might not have time in the next few months. He could only promise to visit Shekou this year, but the specific time cannot be determined now.

Lin Baicheng is not evading, but there is news recently from Galaxy Games that the company's game console research and development has reached the final stage and will be completed in the near future. Once the development of the host is completed, Lin Baicheng will definitely make a trip to the United States to promote his products.

Currently, the specific sales price of Galaxy Games' console has not been set, but based on the price of 200 US dollars per unit, converted into Hong Kong dollars, it is 840 Hong Kong dollars, which is more than one month's salary for ordinary people. How can ordinary families afford this? In addition, the market in Xiangjiang is ultimately too small and cannot be compared with the United States.

Therefore, the main markets for the Galaxy game console are the United States, Japan and European countries. Only these countries with better economies can afford it. If the market is targeted at Hong Kong and Southeast Asian countries, then there is no need to think about it. The company's mainframe will definitely be sold out and the cost will not be recovered.

Why Lin Baicheng wants Galaxy Games to be listed in the United States is not because this company relies too much on the markets of the United States and other countries. If it does not choose to go public and is suppressed by capital through administrative power, the company will not be far away from death.

Lin Baicheng sincerely said that he would go to Shekou. The leaders of the China Merchants Bureau naturally had nothing to say except to express their gratitude. It was impossible to ask Lin Baicheng to go within a certain time, right? If this is the case, then there is no need to start their work, and it will scare many businessmen who are watching to death.

After that, the leaders of the China Merchants Bureau also contacted other businessmen who were leaning toward the mainland or were neutral, and persuaded them to visit Shekou and invest there.

Many people were tempted and agreed to go, but at this moment, news came out from the Hong Kong government that Governor MacLehose was preparing to go north to the mainland this month to meet with the mainland's top officials.

As soon as the news came out, those who were originally excited immediately chose to wait and see, preparing to wait until Mailihao's trip to the mainland was over.

Xiangjiang is currently a British colony in name, but there are only more than ten years left before its return. Therefore, the two countries will definitely negotiate on this issue. In this unclear situation, businessmen will naturally not choose to take risks and wait and see. is the best decision.

Faced with this situation, the leaders of the Mainland Investment Promotion Bureau were helpless and could only stabilize the remaining people who had not changed their attitudes, namely Lin Baicheng and others. As for the investment promotion work, we can only wait until MacLehose's trip to the north is over. It is true that no one listens to too much talk now.

This matter has no impact on Lin Baicheng. He will definitely go to Shekou anyway to show his willingness to invest in the mainland, but there is no time to pass at the moment.

However, under this situation, a piece of news suddenly spread in Xiangjiang.

Hutchison Whampoa announced the sale of the company's foreign trade business. The company's foreign trade business will be sold as a package and auctioned at a reserve price of HK$800 million. All capable buyers are welcome to participate in the auction. The specific bidding time is the 17th of this month. Any Buyers interested in participating in the auction can start due diligence on Hutchison Whampoa's foreign trade business after submitting a deposit of HK$50 million.

Today is the 7th, that is to say, there are still ten days before the 17th, and the buyer has ten days to consider and prepare.

As soon as word spread, the stock market reacted immediately. Hutchison Whampoa is a listed company, and its foreign trade business is currently one of Hutchison Whampoa's most profitable businesses. The sale of this pillar industry, plus a turnover of at least HK$800 million, would be a disaster if the stock market does not respond.

The reaction of the stock market was that Hutchison Whampoa's stock price immediately rose sharply. From a long-term perspective, selling a pillar industry is not a good thing, but for current shareholders, the transfer of large assets has allowed the company to obtain a large amount of funds. , at least it is good for the company in the short term.

Although from an investment perspective, one should invest in companies with good long-term operations, most people who speculate in stocks do so in the short-term, and most investors pay more attention to the short-term increase in the company's stock price.

Hutchison Whampoa's stock price, which was originally fluctuating around HK$65, launched a sprint to a high of around HK$70 that day, but was quickly suppressed and ended the day with only a slight increase.

The reason for this is that Lin Baicheng's offshore company took advantage of the good news and sold more stocks. As a result, the upper pressure level was too great and the buyer's power was not strong enough, so the stock price naturally could not rise.

According to the judgment of Lin Baicheng's people, if there is no good news, Hutchison Whampoa's stock price is very likely to fall below HK$60 after adjustment. After all, the company's growth last year was too great. The reason why the stock price can remain so high is due to the large investment profits last year. Unless there are similar benefits this year, it will be difficult for the company's stock price to adjust.

In this case, Lin Baicheng's offshore company may not be able to sell all the billions of Hong Kong dollars worth of stocks above the price of HK$60. It can only be said that it can sell as much as it can first above the price of HK$60.

Compared with holding Hutchison Whampoa's stocks, it is of course more cost-effective to use the withdrawn funds to invest in gold futures. If it weren't for the fact that Hutchison Whampoa's stock price is too low and selling at a low price is too costly, Lin Baicheng All stocks have been sold long ago.