Reborn as a tycoon in Hong Kong
Chapter 798 Changes in the British team (two-in-one)
If Hang Seng Bank still has a little profit on paper, then the other four companies are completely losing money.
The cost of HK$2.8 billion was only HK$2.52 billion, resulting in a direct loss of HK$280 million.
Of the HK$280 million, four companies accounted for 90%, with a combined loss of HK$252 million, which was exactly what Hang Seng Bank took away.
Swire Group, Jardine Matheson, Wheelock, and Kadoorie Family all have different proportions and different amounts of losses.
This is still a direct book loss. Of the total cost of HK$2.8 billion provided by the four companies, if someone borrows funds from a bank, the interest paid back to the bank will also be calculated, which means that the amount of loss will be even greater.
"Chairman Shi Huaiya proposed that we join forces to deal with Lin Baicheng. Now we are losing money. What do you say?"
John Madden suddenly said to Shi Yadi Shihuaiya.
"What can I say? It's just bad luck for us."
Shi Yadi Shihuaiya pretended to be deaf and dumb. He didn't know that the other party wanted him to give him less money to make up for the other companies, but this was absolutely impossible. After all, he also lost money this time.
"It seems that Chairman Schweizer is not ready to do anything."
John Madden snorted softly. The other party was unwilling to appease them, and he had no choice. However, he finally saw what happened this time. Lin Baicheng was not that easy to deal with, and each of them had their own agendas, so it was impossible to truly unite. It was useless to unite to deal with Lin Baicheng like this time.
If something like this happened again next time, it would be better for him not to participate. Not only did he not reap the benefits, he would also lose money.
"Chairman Schweizer cannot be blamed for the failure this time. We will just find another opportunity next time."
Michael Kadoorie helped to say a good word. The Kadoorie family did not hold many shares in Yingyao Company, so the loss was not very large. In addition, it was targeted at the Hong Kong Electric Group and China Electric Power Company controlled by the Kadoorie family. It is beneficial, so the Kadoorie family can accept this loss.
"We must find the right opportunity next time. It can't be like this time."
Henry Kaiserk didn't want to blame anyone. He was very dissatisfied with Lin Baicheng and would continue to deal with Lin Baicheng if he had the chance.
There are many reasons why Henry Kaiserk is dissatisfied with Lin Baicheng. One reason is that group executives suffered huge losses from short-selling Hutchison Whampoa. Another reason is that Hutchison Whampoa has business competition with Jardine Matheson. Another reason is that he failed to deal with Lin Baicheng several times. .
"If you want to deal with Lin Baicheng again in the future, don't come to me."
John Madden suddenly said: "I am no longer interested in dealing with Lin Baicheng. You guys can do it yourself when you have the chance, so there is no need to contact me."
"Chairman Madden, why are you suddenly quitting? The Madden family is one of the representatives of British capital."
Henry Caesar couldn't help but frown. They had failed to unite to deal with Lin Baicheng. Now that there was one less family, it meant that their strength had become weaker.
"Yes, Chairman Madden. The Madden family is one of the signature brands of Xiangjiang British Capital. If you give in, it will have a big impact if word spreads." Michael Kadoorie also spoke out to persuade.
"Chairman Madden, it's true that we failed this time and lost a lot of money, but we can just get back on track next time. What's the point of quitting suddenly after everything went well?"
Schiadie Schweizer also didn’t want John Madden to quit like this. One more person would bring more strength, and as Michael Kadoorie said, if this news spreads, Lin Baicheng’s influence will inevitably increase. Not only The Madden family will be the backdrop, even for them.
"As long as you don't tell me about my withdrawal, who will know?"
John Madden disagreed. He also knew that giving in would affect the reputation of the Madden family, but he did not think that the few people here would leak the news of his withdrawal. This would only do them harm and no good.
"Taiban, please help me to persuade him."
Shi Yadi Shihuaiya said to Shen Porridge.
Shen Porridge shook his head and said, "Chairman Madden has his own considerations. It's better if we don't force it."
Shi Yadi, Shi Huaiya and the other three could persuade him, but Shen Zhou was not qualified to do so, because HSBC did not deal with Lin Baicheng head-on. On the contrary, he cooperated with Lin Baicheng. In this way, what position could he, the head of HSBC, have in persuading John Madden to continue to deal with Lin Baicheng.
"Guys, I won't get involved in your affairs from now on. The share that belongs to me will be transferred to my account."
John Madden said as he stood up and prepared to leave.
Upon seeing this, Henry Kasik said: "Chairman Madden, are you no longer thinking about it?"
"I had the idea of retiring a few years ago, otherwise I wouldn't have let Jardine Matheson and Land acquire Wheelock. But then something happened and Hong Kong's economy picked up, so I gave up. Now that I'm older, I can't After working for Wheelock for several years, it’s time to retire.”
John Madden waved his hand and walked towards the door without waiting for others to continue persuading him.
"Chairman Madden, I'll see you off."
Upon seeing this, Shen Porridge followed and sent John Madden away.
Wait for Shen Zhou to come back.
Shi Yadi Shi Huaiya looked at him and said, "Taipan, I want to ask you, does HSBC have any thoughts on dealing with Lin Baicheng?"
Henry Kaiser also said: "Taipan, we all want to know what HSBC is thinking. If HSBC is unwilling to deal with Lin Baicheng, and is even willing to cooperate with Lin Baicheng, then I think we should break up. There will be no need to deal with Lin Baicheng in the future."
Although Michael Kadoorie didn't say anything, he stared at Shen Porridge intently, obviously wanting to know how Shen Porridge would answer.
Shen Porridge found a seat and sat down, looking around the three of them, knowing that they were trying to force him into the palace. If he didn't express his position to satisfy them today, they would probably break up and stop dealing with Lin Baicheng in the future.
After pondering for a while, Shen Porridge continued: "You three, of course HSBC has the idea to deal with Lin Baicheng. As you said before, Lin Baicheng has his own bank. In the future, he and HSBC will only become competitors, and the possibility of cooperation will be reduced." Keep getting lower.”
"but."
Before the three of them could say anything, Shen Porridge changed the topic and continued: "HSBC is a bank after all, and it is also cooperating with Lin Baicheng. It is simply impossible for HSBC to openly deal with Lin Baicheng now. We have to take into account the impact of reputation."
Lin Baicheng needs to be dealt with, but HSBC doesn't want to end now. At least he doesn't want to do it openly, but he can still use the bayonet secretly.
"After all, it still means the same thing, you can't deal with Lin Baicheng, right?"
Shi Yadi Shihuai Ya was a little dissatisfied. HSBC was the leader of British capital. HSBC could not move. The power they could use was limited and they could not defeat Lin Baicheng overwhelmingly.
Shen Zhou said seriously: "I will deal with it, but just like this time, do it secretly."
Henry Caesar immediately said: "You can come secretly, but HSBC must advance and retreat with us and give us some financial support. When Lin Baicheng needs funds, HSBC cannot charge us too high interest rates."
"In terms of human resources, we also need to contribute."
Shi Yadi Shihuaiya added that HSBC has much better connections from all walks of life than them.
"this."
Shen Porridge was a little hesitant when he heard this.
Seeing this, Shi Yadi Shihuaiya was a little dissatisfied: "If HSBC doesn't advance and retreat with us and doesn't give us support, we won't be able to deal with Lin Baicheng at all, just like this time. If it's obvious that we will fail, what else should we do to deal with Lin Baicheng? It's better to never mind."
"that is."
Henry Kaiser nodded in agreement and said to Shen Porridge: "Besides, HSBC is the leader of British capital, so it should have done more."
"Don't worry guys, I'll just agree."
Shen Porridge reluctantly agreed. Although when it came time to deal with Lin Baicheng, HSBC had to pay more than before, but in order to prevent the team from dispersing, these efforts were necessary.
"Okay, that's how it should be."
"With the addition of HSBC, we will be more confident in dealing with Lin Baicheng in the future."
"This is really great."
Schiadie Schweizer, Henry Kasik and Michael Kadoorie were very happy to hear this.
Henry Kasik even said: "Although Chairman Madden said he wanted to withdraw, if he knew that HSBC was also joining, he might change his mind. Let's find time to contact him again. There will be more people and more strength."
"Chairman Madden just said he wanted to withdraw. I'm afraid it will be difficult for him to change his mind now. I think we should wait until we are ready to deal with Lin Baicheng before contacting Chairman Madden. By then, he may have changed his mind." Shen Porridge said.
Shi Yadi Shihuaiya agreed: "Tai Ban is right, we should wait until we are ready to deal with Lin Baicheng before contacting Chairman Madden."
"also."
Henry Caesar had no objection when he saw this.
Michael Kadoorie asked aloud: "When will we deal with Lin Baicheng next time? Where to start? How about choosing Hong Kong Electric Group?"
"Hong Kong Electric Group should forget about it for the time being."
Shen Zhou objected: "Bao Sheng and other shareholders have just taken over the shares from us. If we deal with Hong Kong Electric Group now, they will choose to help Lin Sheng even for the shares in their hands. So many people have joined forces Get up, it's so easy to deal with."
Shi Yadi Shihuaiya followed: "And I have verbally promised Lin Baicheng that after the share transaction, I will not deal with Hong Kong Electric Group in the short term. Now there is no huge opportunity in front of me, so I am not prepared to go back on it."
Henry Kaiser suddenly said: "Actually, have you ever thought about dealing with Hutchison Whampoa?"
"Hutchison Whampoa is a big guy with a market value of more than 40 billion Hong Kong dollars. It is not easy to deal with. If you want to short it, it is useless without billions of Hong Kong dollars in funds."
Shi Yadi Shihuai immediately shook his head. Hutchison Whampoa is really too big. To short it, it will take more than 2.8 billion Hong Kong dollars. They have just lost a lot. If they lose another sum after shorting, their mentality will be terrible. It will collapse.
Shi Yadi Shi Huaiya didn't know what happened to others, but if he lost money against Lin Baicheng several times in a row, he would probably not be able to think about dealing with Lin Baicheng again.
He suffered losses again and again, and he was not a stubborn person, so how could he not feel it.
"It's not about shorting Hutchison Whampoa. I also know that shorting Hutchison Whampoa is not an easy task."
Henry Kessack waved his hand and said: "Didn't Hutchison Whampoa acquire Bentley Motors? Bentley Motors is in the mainland, and our influence there is much greater than that of Lin Baicheng. Unlike in Xiangjiang, the Hong Kong government All those people were bribed by him in disguise, and if they were asked to deal with Lin Baicheng, all of them would just shirk the blame."
"Move the Bentley?"
Shi Yadi Shihuai Ya and Michael Kadoorie couldn't help but think.
“Not Bentley.”
Shen Cong immediately said: "Bentley Motors has the Bentley family's shares in it, accounting for 15%. In addition, the Bentley Motors transaction was brokered by the Prime Minister's Office. This is the Prime Minister's political achievement. The Prime Minister also We want Bentley to achieve results so that it can become one of the performance benchmarks for state-owned enterprise reform."
"If we deal with Bentley Motors, not only the Bentley family will fight back, but even the Prime Minister's Office will stop it."
"Don't fail to do something with Bentley when the time comes, and instead let Hutchison Whampoa have some close helpers in the country. That would not be cost-effective."
HSBC is currently the largest bank in the UK, so its energy in the UK is not weak, and the information is much better than that of Shi Yadi Shihuai Ya and others.
"If that's the case, it's really hard to handle."
Henry Caesar couldn't help but shake his head. Although the Prime Minister couldn't do whatever he wanted, he could do it if he really wanted to deal with their respective groups.
"Since Bentley can't do it, then just change the target."
Shi Yadi Shihuaiya didn't take it seriously, waved his hand and said, "It's okay if we don't have a suitable target now. We'll look for it later. I don't believe there won't be any problems with the company under Lin Baicheng's name."
"Then let's slowly look for opportunities in the future."
Several people nodded in agreement, saying there was no rush.
After chatting for a while, Schiadie Schweizer, Henry Kasik, and Michael Kadoorie said goodbye and left. Of course, when they leave, their share of the funds has been transferred to their account.
After all the funds were transferred out, Yingyao Company was left with only an empty shell. This company was temporarily useless to British capital.
One day when the British capital has to deal with Lin Baicheng again, they will either continue to use Yingyao Company or register another company.
morning.
The stock price of HK Electric Group rose sharply, and it launched an attack on the price of HK$6 in the confusion of investors. Unfortunately, due to too many hold-ups, a large number of retail investors left the market, and the stock price did not break through the price of HK$6 at the close of the morning market.
During the lunch break, HK Electric Group issued two announcements in succession.
One is the share transfer transaction between Yingyao Company and its shareholders. The transfer price is HK$5.92 per share.
Another announcement is that HK Electric Group will use 100 million Hong Kong dollars to repurchase the company's shares, with the repurchase price not higher than 6.5 Hong Kong dollars per share.
These two announcements are good news for Hong Kong Electric Group, whose stock price fluctuated between HK$5.3 and HKD.
At this time, a large number of stock investors suddenly realized why the stock price of Hong Kong Electric Group had soared in the morning and would sprint towards the price of HK$6.
Obviously, this is because big funds got the news in advance, so they went long in advance. Investors who had sold their shares before were cut off.
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