Reborn as a tycoon in Hong Kong

A few days later, Changsheng Pharmaceutical Biological Company.

Taking advantage of the lunch break, Qin Lan came over to report to Lin Baicheng.

"Mr. Lin and Deputy Chen reported that they had negotiated a valuation of US$122 million. After discussing this price, the Kim Chaebol was unwilling to lower the price and repeatedly stated that US$122 million was the minimum. valuation.”

"However, according to Deputy Director Chen's judgment, if they are willing to negotiate for another ten days and a half, they may raise the valuation to US$120 million."

"The difference is US$2 million, and 15% of the shares is US$300,000."

Lin Baicheng calculated after hearing this, thought for a while and said: "Forget it, that's it, let's buy shares based on the post-financing valuation of US$122 million."

300,000 U.S. dollars is not a small amount of money, and it would be worth millions in Hong Kong dollars, but after thinking about it, Lin Baicheng still felt that it was almost enough. After all, he would have to cooperate with the Kim chaebol later, so there was no need to make trouble with the Kim chaebol because of this little money.

Qin Lan heard this and said, "Okay, I will inform Deputy Director Chen when I get back."

"Um."

Lin Baicheng nodded: "Remember to tell Xiang Daban and let him lead the team there. I will leave the matter of buying a stake in Jinshi Heavy Industries to him."

"Xiang Taipan, they should be ready."

Qin Lan immediately said that she had confirmed this matter with Xiang Ping, the chief executive of Galaxy Bank, several times recently.

"Just be prepared."

Lin Baicheng nodded and asked, "Is there anything else?"

Qin Lan: "Huo Sheng, Bao Sheng and others, except Hu Sheng, have all prepared the funds, and Hu Sheng also said that the funds will be prepared the day after tomorrow."

"When Hu Sheng prepares the funds, let me know and I will confirm with them."

Lin Baicheng nodded slightly, and only after confirming with Huo Yingdong and others that the funds were ready, he would contact the British capital, and then the two parties would proceed with the transaction.

"Yes, Mr. Lin."

Qin Lan took note of it.

"By the way, please contact President Wang or President Li of Xinhua News Agency and communicate with them to see if they and I are available any day. I want to meet with them. There is something I need to communicate with them."

After looking at Qin Lan, Lin Baicheng said suddenly, but he remembered something.

"Okay Mr. Lin, I will contact Xinhua News Agency as soon as I get back."

Qin Lan didn't ask Lin Baicheng what he wanted to talk about when he met with Xinhua News Agency. He couldn't ask about such things.

"If there is nothing else, you should go back first. If you need anything, please contact Secretary Chen."

Lin Baicheng said, and the Secretary Chen he mentioned was naturally his personal secretary Chen Huixiang.

"Mr. Lin, I'll leave first."

Qin Lan, who had nothing else to report, said goodbye and left.

In the afternoon, Lin Baicheng continued to conduct research and development work in the laboratory.

When he came out of the laboratory at night, Lin Baicheng learned from Chen Huixiang that Qin Lan had communicated with Xinhua News Agency. President Wang Yiping was currently in Xiangjiang and said that he had time recently and asked Lin Baicheng to set a time for him to visit or visit her. Lin Baicheng can go to Xinhua News Agency, or the two of them can make an appointment to meet at a place.

Because he got off work very late, Lin Baicheng personally contacted President Wang Yiping the next morning and made an appointment with him at the Hutchison Hotel in the afternoon.

Xinhua News Agency is a place that attracts much attention. Lin Baicheng's frequent visits to Xinhua News Agency are not good for him. Although it is not necessarily better for Wang Yiping to meet at the Hutchison Hotel, it is still better than Lin Baicheng visiting Xinhua News Agency in person.

In the afternoon, Hutchison Hotel.

Lin Baicheng's exclusive private room.

"President Wang!" "Mr. Lin!"

Lin Baicheng and Wang Yiping were old acquaintances, so they were not too polite. After shaking hands with each other, they sat down separately.

Lin Baicheng makes tea. Although his level is not comparable to that of professionals, it does not make the tea difficult to drink.

The two drank tea and chatted for a while.

After a small meeting.

Wang Yiping put down his teacup and said, "Mr. Lin, I heard from Miss Qin that you have something to talk to us about?"

"Yes, I have something to communicate with you."

Lin Baicheng also put down his tea cup and said, "I want to talk to you about helping to exchange dollars."

"Mr. Lin, are you encountering difficulties here? Can't you help me exchange US dollars?"

Wang Yiping's heart sank when he heard this. If this was really the case, it would be bad news.

Mainland officials asked Lin Baicheng to help exchange U.S. dollars, using RMB and Hong Kong dollars to convert into U.S. dollars according to the exchange rate at the time of exchange.

It seems that there is no need for the official to exchange dollars with Lin Baicheng, but this is 1980, not the 21st century. After the 21st century, China will hold trillions of dollars, but the country's foreign exchange reserves will be negative.

That's right, it's a negative number.

China's current annual foreign exchange income is only one or two billion US dollars, but reform and opening up cannot be just words. It also requires the purchase of advanced equipment, and these equipment cannot be purchased with RMB, not even with Hong Kong dollars, only with Settled in US dollars.

As a result, the country's foreign exchange reserves are insufficient and it can only borrow money from the World Bank and other countries.

That's why it is said that the country's foreign exchange reserves will be negative now, because all the money is used to buy equipment.

When the country's annual foreign exchange income is only one to two hundred million US dollars, Lin Baicheng can help exchange RMB and Hong Kong dollars for US dollars, which is naturally a great help to the country.

And although the official side said that RMB and Hong Kong dollars are exchanged for US dollars, RMB accounts for more, accounting for more than 80%. The amount of Hong Kong dollars is not much, which means that the country basically uses RMB to exchange US dollars with Lin Baicheng.

As for the country not asking Lin Baicheng for help, but converting RMB into Hong Kong dollars on its own, and then converting Hong Kong dollars into US dollars, it's a good thing to think about it.

These days, Hong Kong is under British control, and the channels for converting Hong Kong dollars into U.S. dollars are also under the control of the Hong Kong government and HSBC. Chinese officials have no way to convert Hong Kong dollars into U.S. dollars, and even most businessmen who want to exchange Hong Kong dollars into U.S. dollars have no way to do so. An easy thing.

And the larger the amount, the more restrictions there are, and it may even be possible to only approve a part of it.

The fundamental reason is that the Hong Kong dollar is not an international currency, and Hong Kong’s US dollar reserves are not unlimited.

As for the exchange of Hong Kong dollars for pounds, don't even think about it. There is something wrong with the British economy itself. How can you still allow you to exchange a large amount of Hong Kong dollars for pounds and impact the local economy? You are stupid to do this.

Therefore, in this era, Lin Baicheng is really the only businessman who can let China exchange RMB for US dollars.

First of all, Lin Baicheng had the capital. He had billions of dollars in capital. Secondly, he was optimistic about the economic development of the mainland and wanted to have a good relationship with the mainland officials, so he lost money and exchanged it with the Chinese officials.

That's right, it's a loss.

Don't worry, the exchange is based on the real-time exchange rate.

The problem is that at the official level, 1 US dollar is equal to 2.1 RMB in this era. The RMB is actually more valuable than the Hong Kong dollar, and it is twice as expensive.

But in the black market, the real exchange rate between the US dollar and the RMB is that 1 US dollar equals about 4 RMB. The values ​​of the RMB and the Hong Kong dollar are basically the same, and the difference is not much.

Therefore, the result is that Lin Baicheng lost nearly half of his money by exchanging US dollars for RMB without doing anything. And as time goes by and the RMB continues to depreciate, his losses will only get bigger and bigger.

It was true that Lin Baicheng wanted to make friends with the Chinese officials, but he was not a bottomless licker, and no matter how rich he was, he couldn't act like this, so after he discovered that the amount of U.S. dollars being exchanged in the mainland was getting larger and larger, he decided to do this Let’s discuss this matter with the mainland officials.

The exchange of U.S. dollars was brokered by Xinhua News Agency, so Lin Baicheng naturally contacted Xinhua News Agency immediately.

Lin Baicheng shook his head: "It's not difficult, but I'm a little embarrassed."

"Oh? Please tell me, Mr. Lin."

Wang Yiping felt a little relieved, then cheered up and listened carefully.

Lin Baicheng looked at Wang Yiping and said: "President Wang, the people below reported to me a while ago that since I agreed to help exchange U.S. dollars, so far, I have exchanged more than 100 million U.S. dollars and received more than 200 million RMB. "

"Thank you very much for Mr. Lin's help."

Wang Yiping immediately said that he did not know the specific exchange amount, but he knew that it exceeded 100 million US dollars. Because when the exchange amount exceeded 100 million U.S. dollars, someone above talked to him about this matter and asked him to maintain this channel. Now domestic reform and opening up requires a lot of advanced equipment, and these equipment need to be purchased with U.S. dollars, and here you can The amount exchanged was not less than the country's annual foreign exchange income. How could this not be taken seriously by the higher authorities?

"I am a Chinese and the country is in need. This is what I should do."

Lin Baicheng reiterated his position, and then said: "With more than 200 million RMB, some of it can be used by the company under my name to build factories in the mainland, and some can be used by my family for consumption and charity, but there will be a lot left. The current balance sheet There are still tens of millions lying around."

Unfortunately, when Hong Kong Electric Group went to build factories in the mainland, British capital was a shareholder of Hong Kong Electric Group. Lin Baicheng did not want to cause trouble, so he did not let Hong Kong Electric Group's money be converted into RMB from Galaxy Bank first, and then use these RMB to invest in Shekou. Otherwise, all the RMB on the books will be absorbed.

Lin Baicheng continued: "My people told me that the amount of dollars exchanged in the mainland is getting larger and larger, and it is expected that there will be more and more RMB left in the future, and this creates a problem, there will be more RMB, If you can’t spend it all, you can only put it in the bank.”

"Mr. Lin, what do you mean?"

Wang Yiping was a little worried that Lin Baicheng would no longer be willing to exchange US dollars for RMB and Hong Kong dollars for this reason.

And if Lin Baicheng is really unwilling to exchange, Wang Yiping can't force it, and he can't blame Lin Baicheng. After all, Lin Baicheng has helped them a lot, and he can't blame the other party because he doesn't help now.

Lin Baicheng said sternly: "President Wang, what I want to say is that I cannot let the RMB exchanged for US dollars lie in the bank account. That way, with inflation and currency depreciation, the money will become less and less valuable. "

"So, I have to spend these RMB."

"Spend it out?"

When Wang Yiping heard this, his heart moved. The worst was not to be able to exchange for U.S. dollars.

"Yes, spend it."

Lin Baicheng nodded slightly: "Nowadays, RMB can only be spent in the mainland, so I just want to communicate with you and see if you can help me spend the converted RMB."

"Mr. Lin, have you ever thought of a flower arrangement?"

After feeling relieved, Wang Yiping wanted to hear if Lin Baicheng had any plans.

"I probably have two ideas here."

Lin Baicheng said: "First, you give me a detailed list of the country's export products. I will see if there are any products that I need. If there are products that I need or the companies under my name need, then I can spend the money."

"There's no problem with that."

Wang Yiping immediately agreed upon hearing this. Not only was this not a bad thing, but it was a good thing. It could also be considered a curve increase in foreign exchange exports.

Nodding, Lin Baicheng continued: "I have another idea based on the garden I am building, which will be the future residence of the Lin family. President Wang, if you have learned about it, you should know that what I am building is the Su Garden. .”

"I know this. Your people also used our Xinhua News Agency to help build bridges and purchased a lot of rare and exotic stones, giant trees, rockeries, etc. from China." Wang Yiping said with a smile.

"You can also absorb a lot of RMB by purchasing various materials, but this is done one after another, and the amount is not very large."

Lin Baicheng: "What I mean is, since it is a Su family garden, how can it be done without antique decoration? You also know that our Lin family made its fortune from me, and there is no so-called family heritage, so I can only collect antiques myself. Although there are some in Xiangjiang, there are more in China, so I want to buy some from China. Not only will I spend the money, but I can also have more antique decorations in my garden."

"Buying antiques?"

Wang Yiping pondered after hearing this. This is no longer ten or twenty years ago, when anyone hiding antiques in their home would be guilty. Now antiques are gradually beginning to be taken seriously, but the degree of attention is not high.

"The problem shouldn't be big. I'll communicate with the superiors and there should be no problem."

"Thank you very much, President Wang, for your help."

Lin Baicheng's eyes lit up. It would be a big loss to exchange U.S. dollars for RMB, but if he used the converted RMB to buy antiques, there would be no loss.

Not only is there no loss, but after the 21st century, the return will be at least dozens or hundreds of times.

Moreover, this kind of national-level transaction not only saves you time in looking for antiques, but also basically eliminates the need to worry that the antiques received are fakes.

At least you don’t have to worry about receiving too many fakes, and if there are fakes, you will only notice them occasionally.

"Mr. Lin, you're welcome. You help the country exchange the U.S. dollars that the country urgently needs, and the country will help you solve the difficulties caused by this. This is what the country should do."

Wang Yiping waved his hand and thanked Lin Baicheng instead. Because in his opinion, Lin Baicheng's RMB surplus was because he was doing the country a favor. This was not Lin Baicheng asking the country for help, but something that the country should have helped Lin Baicheng solve.

Lin Baicheng later said that as long as the use of RMB can be solved, he dare not say anything else. He can exchange up to US$500 million this year and next. He is about to make a lot of money by being long on crude oil futures. In a few months, he will have billions of dollars in his account, so US$500 million is nothing.

Wang Yiping was overjoyed when he heard this and immediately promised that the country would solve Lin Baicheng's difficulties.

Wang Yiping was very clear about the determination of the higher authorities to reform and open up, and everything was to make way for reform and opening up. What's more, the antiques were sold to Lin Baicheng, a domestic-oriented person of his own, and not to wealthy people from Western countries.