Reborn as a tycoon in Hong Kong

Chapter 635 Hutchison Whampoa Management’s London Trip (1)

Hutchison Whampoa.

At nearly five o'clock, Yuan Tianfan and Lin Shufang came here to find Lin Baicheng.

Lin Baicheng knew the purpose of the two people's visit and asked directly: "How much have I reduced my shareholding?"

Yuan Tianfan replied: "A total of 46 million shares were sold."

"So, a total of nearly 35 million shares have been reduced during this period?"

Lin Baicheng raised his eyebrows. Today, Hutchison Whampoa's total share capital is 440 million shares, and 46 million shares is just over 10%. In this way, he still has about 35% of Hutchison Whampoa shares.

Yuan Tianfan nodded: "Yes."

Lin Baicheng turned to his sister Lin Shufang and asked: "Sister, excluding the more than 11 million shares before, what is the average price sold this time?"

"After deducting transaction fees, the average price is HK$130.25."

Lin Shufang has been following up on this matter, so she can answer it as soon as possible.

Lin Baicheng did some mental calculation after hearing this. For 35 million shares, it would be about 4.5 billion Hong Kong dollars. This does not include the previous 11 million shares. The average selling price of this part is also higher than 11 Hong Kong dollars, which is a little over 1.2 billion Hong Kong dollars. .

Yuan Tianfan asked aloud: "Mr. Lin, Hutchison Whampoa's closing price today was HK$116.48, a drop of 4.6% that day, but it is still higher than HK$110, so should we continue to reduce our holdings next week?"

"As long as the stock price is above HK$110, continue to reduce holdings."

Lin Baicheng thought for a while and said: "But the closer it is to 110 Hong Kong dollars, the speed of reduction will be slower. Don't let the stock price collapse. I think you are more professional than me on how to do it. There is one thing you know, Hutchison Whampoa There will be good news later and the stock price will rebound. Let’s wait until the rebound occurs before selling a large amount of stocks.”

What Lin Baicheng calls a good thing is of course Hutchison Whampoa's massive investment in the UK. Entering the automobile industry is a good thing, not to mention the benefit of short selling. Hutchison Whampoa's stock price will definitely rebound after a sharp drop.

"Yes, Mr. Lin."

Yuan Tianfan did not ask what the specific benefits were.

Lin Baicheng said: "As for the remaining number of shares, after thinking about it, I decided to keep 100 million shares. If I can reduce my holdings to this point, I will not sell the remaining 100 million shares. If I cannot reduce my holdings, I will not sell them." If you hold it here and have more stocks left, that’s okay.”

Lin Baicheng decided that from now on he would openly hold 100 million shares of Hutchison Whampoa, a shareholding ratio of about 22.727%. With this shareholding ratio, even if there was a capital raid to acquire Hutchison Whampoa, he would be able to quickly acquire it. Increase the shareholding ratio.

After Hutchison Whampoa adjusts to a certain price, Lin Baicheng will ask overseas funds or companies to secretly buy Hutchison Whampoa's shares from the stock market and increase the shareholding to close to 50%, but on the surface he only holds Hutchison Whampoa shares. 100 million shares of Huangpu stock.

If he is more careful, Lin Baicheng can even buy more Hutchison Whampoa shares and increase his shareholding ratio to more than 50%. However, he must be careful in doing so and not let the regulatory agencies discover it.

Although the regulatory agencies of Hong Kong's financial market are just like that today, the regulatory agencies will definitely become more and more perfect and receive more and more attention. Sooner or later, the barbaric growth stage will pass.

"Okay Mr. Lin, I will try my best to reduce your holdings to the remaining 100 million shares."

Yuan Tianfan responded, although Lin Baicheng said it would be okay to have more shares, but only if it can be done can he show his ability. However, there are still more than 50 million shares to sell, which is indeed not an easy task.

"I'll see."

Lin Baicheng smiled and nodded. If Yuan Tianfan can do it, that would be the best.

This was what Lin Shufang and Yuan Tianfan wanted to say, so after the report, they left.

Lin Baicheng continued to work in the office until almost six o'clock before leaving get off work.

London.

Due to the time difference between Hong Kong and London, Hong Kong is seven or eight hours ahead of London, so when the plane that Wei Li and his team took landed in London, it was just after five o'clock on Friday evening.

When Wei Li and his group just walked out of the VIP passage, they saw some people coming to pick them up. Not to mention that Weili knew the person in charge of Hutchison Whampoa's London branch, just by the fact that they were holding a sign with "Hutchison Whampoa" in four traditional Chinese characters, you could tell that they were coming to pick them up.

"Taipan, welcome to London."

The general manager of Hutchison Whampoa's London branch is Zorro Monglin, a native Londoner.

"Manager Zorro."

Wei Li shook hands with the other party, and then looked at the two middle-aged men with extraordinary temperament and one person behind them. "Who are these two?"

"Taiban, let me introduce you."

Zorro Monglin immediately pointed with his hands and introduced: "This is the Economic Advisor of Vancouver Thompson from the Prime Minister's Office, and this is the Director of the Trade Department, Thiessen White, who is mainly responsible for investment promotion. Taipan, they are The Prime Minister arranged to pick him up at the airport and was responsible for the reception."

"Mr. Thompson, Director White, this is our head coach at Hutchison Whampoa, Weili, who is in charge of all Hutchison's affairs."

Later, Zorro Monglin introduced Weili to Wyatt Thompson and Thiessen White. Whether it was the civil servants who followed the economic adviser and director, or the other members of Weili's team, Zorro Monger did not introduce them.

"Mr. Thompson! Mr. White! I'm Weili. I'm very happy to meet you two. Thank you both for coming to pick me up at the airport. I also thank the Prime Minister for your thoughtfulness."

Wei Li shook hands with the two of them very politely.

"Hello, Mr. Weili!" "Nice to meet you, Mr. Weili!"

Both Vancouver Thompson and Thiessen White also expressed enthusiasm.

Thiessen White said loudly: "This is not the place to talk. I have prepared a hotel for Taipan and his party. I believe everyone is tired after flying for more than ten hours. Please go to the hotel to eat and rest first. The Prime Minister will We will host the senior class at Downing Street for dinner at 11:30 noon tomorrow, and we will have discussions then." The Downing Street here, of course, refers to No. 10 Downing Street.

"Thank you Prime Minister for the invitation."

Wei Li agreed, saying that being able to hold business talks with the Prime Minister was something he had never imagined before, and he was a little excited when he thought about it.

The number of people is calculated, so the fleet that comes to pick up the airport is enough to take everyone to the hotel at once.

After arriving at the hotel, Thiessen White asked Weili if he wanted to have dinner first. After learning that it was okay, he invited Weili and others to have dinner together. The civil servants brought here stayed as liaisons, saying that if Wei Li and the others had anything to do, they could contact them through these two people.

After dinner, Wei Li restricted the entire team and did not allow everyone to go out to play at night to avoid causing trouble.

Afterwards, Weili called Zorro Monglin to his room to talk.

Weili asked: "Manager Zorro, has there been any progress in the investigation of domestic automobile companies?"

Zorro Monglin couldn't help but shake his head when he heard this: "Taipan, it's not that I don't do my best, it's actually because we and Huang were just a small company two years ago, so we didn't have much influence here in London. Now the company's Although the scale has increased, our influence in London has not changed, so it is difficult to find more detailed information about those car companies, especially about Rolls-Royce."

"I know this, and Mr. Lin also knows it. He won't blame you."

Wei Li nodded to express his understanding, and then changed the topic: "However, understanding is understanding, but it is a fact that things are not done well. Even if Mr. Lin does not blame you, it is impossible for you to satisfy Mr. Lin. You said it is no?"

"Yes, that's what Taipan said."

Zorro Monglin naturally nodded, knowing that Weili was knocking him.

Wei Lidao: "I will go to see the Prime Minister tomorrow to discuss the company's preparations to enter the automobile industry. I hope there will be a good result. If I can get the support of the Prime Minister, the company's investigation and acquisition of automobile companies will go more smoothly. I hope When the time comes, you can cooperate with me to do this job well."

"This involves an investment of at least hundreds of millions of dollars. Mr. Lin attaches great importance to it. When signing the contract, Lin Baicheng will definitely come in person. Therefore, Manager Zorro, you must make a success, otherwise if Mr. Lin is dissatisfied, you should know as a result of."

Wei Li didn't want the staff at the branch to affect the acquisition work. He was very concerned about this acquisition and didn't want any accidents to happen. He just wanted to complete the task smoothly.

"Don't worry, Taipan. I will do my best for the company."

Zorro Monglin responded immediately. At this stage, he was already a company executive, and he was unwilling to lose this job. After leaving, he might not be able to find a more satisfying job than now.

"Well, I believe you."

Wei Li nodded. He would observe whether the other party was doing his best. No matter how nice the words were, it would still depend on the actual actions.

"How is the development of Watsons' supermarkets, a subsidiary of the group, in the UK?"

"Eight supermarkets have been opened in the UK, including three in London. The population in London is relatively dense and the economy is relatively good. The company's operations are currently normal and profits have begun to appear every month."

Watson's supermarket is not able to make money in the first month of opening. In the beginning, because of its lack of reputation, there was less foot traffic, not many sales, and the cost of getting goods was slightly higher, so the profit margin was low. Every month The net profit is a negative number.

As the flow of people increases to a certain level, sales increase significantly, and purchasing costs decrease, the profit and loss of the supermarket will begin to reverse, turning from a loss to a profit.

Weili asked: "Did the supermarket encounter any difficulties that were difficult to solve during its operation? Or, did you find any problems?"

"The supermarket will encounter some problems during its operation, but they are all minor problems and we have solved them one by one."

Zorro Monglin answered aloud, and continued: "Although there is no big problem now, it is foreseeable that as the profits of supermarkets become higher and higher every month, someone will definitely see the profit prospects of this market. Someone is bound to enter this market and compete with us.”

"It's inevitable."

Wei Li thought it was normal at that time. In any industry that can make money, there will be competitors. It is basically impossible to achieve a monopoly. Being able to become the leader in the industry and eat the fattest piece of meat is already very good.

"If the company's entry into the automobile industry goes smoothly, the company's influence in the UK will be greatly increased in the future. The company will definitely make connections. Even if competitors appear, the company will not be afraid. The company has the confidence to ensure fair competition. The main thing is to see The management capabilities of the people in charge of your branches and supermarkets have improved."

As long as Hutchison Whampoa can maintain a stable market value of tens of billions of Hong Kong dollars, then Hutchison Whampoa is not a small company. In addition, it has a large proportion of assets in the UK. Such strength is enough for Hutchison Whampoa to own in the UK. With a certain amount of influence, there is no need to worry about being suppressed from the official level.

Today, the exchange rate between the pound and the Hong Kong dollar is around 1:10.5, fluctuating up and down based on 10.5. The exchange rates between the British pound, the U.S. dollar, and the Hong Kong dollar are roughly 1 British pound equal to 2.5 U.S. dollars, and 1 U.S. dollar equals 4.2 Hong Kong dollars.

Of course, this is a rough exchange rate. The exchange rate is floating and will fluctuate up and down. If there is a huge change in the economy of any country, there will be even greater fluctuations.

Hutchison Whampoa's current market value of more than 50 billion Hong Kong dollars, if converted into pounds, is nearly 5 billion pounds. Even if this scale were replaced in the UK, it would definitely be a huge group company.

As long as Hutchison Whampoa's market value can stabilize above 10 billion Hong Kong dollars, in this period that has just entered the 1980s, a billion-pound company can definitely be considered a big company. What's more, Hutchison Whampoa's market value is definitely not as low as 10 billion Hong Kong dollars. The company's current net assets alone are nearly 25 billion Hong Kong dollars.

After talking to Zorro Monglin for a while, Weili asked him to leave.

After Zorro Monglin left, Weili went to bed to rest. However, at one o'clock in the morning, the alarm clock he set rang on time. When he got up, he contacted Xiangjiang.

Wei Li contacted Lin Baicheng, and the two agreed to contact each other at this time, so Lin Baicheng did not go out at home this morning until he received Wei Li's international long-distance contact number.

"Mr. Lin, this is Weili. We arrived in London in the evening."

"Well, how's it going over there?"

"The Prime Minister's Office is an economic adviser named Vancouver Thompson, and the Trade Department has also sent a director named Thiessen White. We are currently staying in a hotel arranged by them. Tomorrow I will go to Downing Street to share it with the Prime Minister. Lunch, there should be discussions then.”

"Okay, after you finish talking, contact me. I want to know the process."

"Yes, Mr. Lin."

"It will all depend on your performance then, Weili."

"I won't let you down, Mr. Lin."

"Well, it's early morning in London now. You should go to bed early. There will be an important meeting tomorrow. Good night."

"Good night. No, it should be good morning, Mr. Lin, then I will rest first."

After hanging up the phone, Wei Li didn't lie down and go back to sleep immediately. He had just woken up and cheered up. He couldn't fall asleep for a while, so he thought about how to deal with it tomorrow.

Of course, Wei Li didn't think about it for too long. After all, he was going to see the Prime Minister tomorrow. He must go there in high spirits, not in a state of lack of energy. Appearance was still very important.

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