Reborn as a tycoon in Hong Kong

At six o'clock that night, Lin Baicheng made routine contact with Xiangjiang. Liao Siren, Cheng Yufeng and others reported to Lin Baicheng about the affairs in Xiangjiang.

After the work report, Cheng Yufeng told Lin Baicheng that HSBC's top manager Shen Chou wanted to get in touch with him and said he wanted to discuss something with him.

Lin Baicheng and HSBC had not broken up, and they still had business cooperation. Therefore, when he learned that Shen Chou wanted to discuss something with him, he agreed and asked Cheng Yufeng to tell Shen Chow his contact information and let Shen Chow know. contact him.

Over in Xiangjiang, although no major events have happened recently, there are still some things closely related to Lin Baicheng.

One of the things was reported by Ji Gonglin, the manager of Jinxing Electric Company. Before Lin Baicheng left Xiangjiang, he asked Ji Gonglin to find time to inspect the Shekou Industrial Zone and wanted to build a home appliance factory there. However, Ji Gonglin came back from the Shekou Industrial Zone a few days ago for inspection. I was told that not only is transportation in Shekou inconvenient, but water, electricity and communications are not well connected, and the conditions are very poor, making it unsuitable for building a factory.

After learning of this situation, Lin Baicheng did not force Ji Gonglin to open a factory in the Shekou Industrial Zone, but put the matter aside for the time being. However, investing in the mainland is his strategic plan, so he will not give up on investing in and building a factory. However, he is not in Xiangjiang now, so he will give it up for now.

Also, Lin Baicheng acquired 5% of Wheelock's shares for HK$131.5 million and became a director of Wheelock a while ago.

Related to this incident, Li Jiacheng acquired 4.1% of the shares from other shareholders of Wheelock and also became a director of Wheelock. As for how much Li Jiacheng spent on this, outsiders don't know. It must have been a premium acquisition.

Lin Baicheng was mostly happy that Li Jiacheng got into Wheelock. Of course, if Li Jiacheng could still insist on holding shares despite Wheelock's operating losses for several consecutive years, then Lin Baicheng would have nothing to say, considering Li Jiacheng to be great.

In addition, Hong Kong's stock market is still on an upward trend so far. The Hang Seng Index has risen a lot. Most of the company's stocks have risen. The stock price of Lin Baicheng's Hong Kong Electric Group has also risen a lot.

As for Hutchison Whampoa's stock price, it unexpectedly entered a downward adjustment channel when the market rose. Guo Henian had previously discussed this matter with Lin Baicheng. Later, the board of directors decided to wait until Hutchison Whampoa's stock price fell to 50 Hong Kong dollars. Issue some good announcements to stabilize stock prices.

Not long after Lin Baicheng came to the United States, Hutchison Whampoa's stock price fell to HK$50. The management announced several good news as planned. Because the Hang Seng Index was rising, the stock price could easily rise. There was a rebound.

However, the rebound ended soon. The stock price fell again a while ago, and fell back to around HK$50. This time Hutchison Whampoa issued several positive news, but unfortunately they were all small positives, so the stimulation to the stock price was limited. The stock price finally fell below the price of HK$50.

Wei Li consulted Lin Baicheng on this matter and asked Lin Baicheng what to do. After thinking about it, Lin Baicheng decided to ignore it for the time being and let the stock price continue to fall.

But it was because Lin Baicheng had a plan. He planned to wait for Hutchison Whampoa's stock price to fall to 45 Hong Kong dollars or even 40 Hong Kong dollars, and then let Hutchison Whampoa use part of the funds to buy back. This will not only increase the stock price, but also allow Hutchison Whampoa to make a fortune.

Because of management's inaction, Hutchison Whampoa's share price has now fallen to about HK$47, with a total market value of less than HK$19 billion.

In addition to these few things, the others are minor matters for each company. Lin Baicheng only wants to understand them, and the specific management will handle them.

At about seven o'clock after dinner, Shen Zhou from Xiangjiang called the contact number, and Lin Baicheng contacted Shen Zhou.

"Daban Shen!"

Shen Porridge contacted Lin Baicheng so quickly, which surprised Lin Baicheng. At the same time, he guessed that this matter must be serious.

"Lin Sheng, good evening!"

Although it was the morning of the next day in Xiangjiang, Shen Zhou knew that it was still around seven o'clock on Wednesday night in Los Angeles where Lin Baicheng was.

"Daban Shen, I heard from the people below that you want to discuss something with me?"

After the two exchanged a few polite words, Lin Baicheng got down to the topic and asked aloud.

"Yes, I have something to talk to Lin Sheng about."

Shen Porridge responded, and then asked: "I wonder when Lin Sheng is going to come back to Xiangjiang? If possible, I would like to talk to Lin Sheng in person about this matter."

"It's time to go back to Xiangjiang"

Lin Baicheng thought for a while after hearing this. He had nothing major to do in Los Angeles recently, and he had not left Xiangjiang not long ago. He was indeed planning to go back in the near future, but the specific time of his return had not yet been decided.

"It is true that I am almost going back to Xiangjiang, but the specific time has not been decided yet. It may be three to five days later, or it may be ten days and a half month. If this matter is not urgent, Taipan can wait until I get back. "

"Are you sure about the time?"

Shen Zhou couldn't help but hesitate when he heard this. Three to five days was fine, but ten days and a half was a bit long. What's more, he was worried that this time would be more than ten days and a half. After all, Lin Baicheng himself was not sure of the specific time to return to Xiangjiang. .

"Since Lin Sheng you don't come back right away, we'd better talk on the phone."

"That's okay, Dashan Shen, you say."

Lin Baicheng didn't object when he heard this. Anyway, since he didn't know what it was about, it didn't matter to him any time he talked about it.

"Here's the thing."

Shen Zhou organized the speech and said: "The recent market conditions in the Hong Kong stock market are good. The Hang Seng Index has risen by more than ten percent from the beginning of the year. However, Hutchison Whampoa's stock price has fallen and adjusted a lot during this period. About Hutchison Whampoa After internal discussions on the stock price, HSBC felt that it was a bit undervalued, so we decided to buy it, hoping to get the cooperation of Lin Sheng, the chairman of Hutchison Whampoa."

"Daban Shen, how do you want me to cooperate?"

Lin Baicheng asked aloud, but he was not sarcastic about the fact that HSBC sold Hutchison Whampoa shares at a low price when Shen Chow was shorted. Doing so has no meaning except to show off his rhetoric.

"HSBC hopes that Lin Sheng will not issue favorable announcements when HSBC suppresses Hutchison's stock price and buys stocks at a low price, and at the same time, will not reduce his holdings in large quantities when HSBC raises Hutchison's stock price."

Shen Zhou told him the reason for his visit. If HSBC wanted to buy Hutchison Whampoa stock, it couldn't get around Lin Baicheng, the major shareholder. Otherwise, when HSBC wants to buy stocks at a low price and deliberately suppress the stock price, but Lin Baicheng makes a buyback or makes a good announcement, then HSBC will be doing useless work and will lose money as a result.