Reborn as a tycoon in Hong Kong

After leaving the Peninsula Hotel, Lin Baicheng returned to Yum Securities, and Cheng Yufeng was also here.

"Mr. Lin, how did the conversation go?"

When the two came to Lin Baicheng's office, Cheng Yufeng asked aloud.

Lin Baicheng shook his head: "He probably doesn't mind selling the stock, but he has a big appetite and the asking price is more than 25 Hong Kong dollars."

"In November, he obviously wanted to acquire Wharf. It was not easy for him to sell the shares at a low price."

Cheng Yufeng was not surprised by this. Although he joined the company later, he now knew about the Wharf situation in November, so he guessed that Li Jiacheng's psychological price was not low.

"Yeah, that's why it's so difficult!"

Lin Baicheng nodded with emotion, and then asked: "Yu Feng, how is your discussion with the organization going? Have you gained anything?"

"Yes, I bought 2.3% of Cangjiang Industrial shares from an institution at a premium of 15%. Now we hold a total of 14.5% of Cangjiang Industrial shares."

Cheng Yufeng nodded and reported, and then said: "Now there is only one institution holding 2.5% of the shares that has not yet been negotiated. However, the other party is already interested in our bid, and we can negotiate without any surprises."

Lin Baicheng has given Cheng Yufeng authority. As long as the premium does not exceed 20%, Cheng Yufeng can make the decision himself.

"You also said that there will be no accidents. Now that Li Jiacheng knows about this, I am afraid that he will cause trouble."

Lin Baicheng shook his head: "But fortunately, we already hold 14.5% of the shares, and we are not far from the 20% goal. Yufeng, do you think we can directly buy about 5% of the shares from the stock market and directly How about increasing the shareholding ratio to 20%?"

"Li Jiacheng now knows that we are acquiring the shares of Cangjiang Industrial. It really shouldn't be delayed for too long. I think we can not only buy it directly from the stock market, but also do it quickly. It is best to complete the goal in just one day. No Give Li Jiacheng too much time to respond." Cheng Yufeng suggested.

Lin Baicheng said: "If this is the case, then tomorrow I will buy a lot of goods and buy about 5% of the stocks. At the same time, don't forget to talk to the institutions. I want my shareholding in Cangjiang Industrial to reach 20% tomorrow." . Another advantage of such a large-scale sweep of goods is that it will raise the stock price of Cangjiang Industrial, thereby increasing the market value of the stocks we hold, which will be beneficial to negotiations with Li Jiacheng."

"Mr. Lin, I'm worried that Li Jiacheng is unwilling to sell his shares in Wharf, and we might still be bad guys again."

Cheng Yufeng reminded aloud that this possibility was not impossible. On the contrary, he believed that it was quite possible.

"When the time comes, then just be a bad person again."

Business competition does not tolerate kindness. Although reputation is very important, it cannot be imprisoned by reputation. When you should be a bad person for the sake of profit, you still have to do it. It just depends on whether it is worth it.

"By the way, Yu Feng, how is the investigation going on Anyuan?"

Cheng Yufeng replied: "We are still investigating. After all, this is an internal secret of Cangjiang Industrial. Manager An has already inquired from the exchange through connections. It is not yet certain when the results will be available."

"If I really can't ask, forget it. Anyway, after I become a director of Cangjiang Industrial, we will have the right to inspect the financial statements of Cangjiang Industrial. Did Li Jiacheng use his own funds to buy the Wharf shares, or did he use Cangjiang Industrial's funds to buy them? The shares will be clearly known by then."

This matter had been investigated a few days ago. Unfortunately, Lin Baicheng had just started his career and did not have many connections, so he could not find out so quickly. It is very important whose funds Li Jiacheng used to buy the shares. The former's Wharf shares belong to Li Jiacheng personally, while the latter belongs to the company Cangjiang Industrial. It is different for Lin Baicheng.

The next day, the Hong Kong Stock Exchange.

The year is approaching, and the Hang Seng Index is generally falling. Therefore, the overall trading volume of the stock market has been small in the recent period, and investors are not strong in their willingness to trade. However, despite this, the number of investors on the exchange has not decreased. There are still a large number of investors who come to the exchange to check the market and also want to see if there are any trading opportunities.

As of yesterday, the closing price of Cangjiang Industrial was HK$16.2, with a total market value of a little over HK$680 million, which was slightly higher than a while ago. In the generally declining stock market, this is a small number of stocks that do not fall but rise. Although the increase is not large, they are a small number of stocks that do not fall, so they still attract much attention.

Yum Securities has been secretly buying. Although the amount of purchases is not very large, the stock itself has a volatile trend. This purchase of course turned into a slight upward trend. This is still a small amount to buy every day, otherwise it will not be as simple as a small increase.

Today, Cangjiang Industrial opened at HK$16.19, opening lower by HK$0.01, mainly because Yum Securities did not intervene during the bidding stage.

Lin Baicheng also came to the exchange this morning, but unlike most investors in the lobby, he was in the VIP room. He mainly came here to take a look and see how stock trading was done in this era. As for today's operation, of course, he still left it to Anyuan and others.

Five minutes after the opening, Cangjiang Industrial's stock price fluctuated between HK$16.1 and HK$16.3, with a small amplitude, mainly because Yum Securities had not yet started to intervene.

Seeing this, Anyuan said to Lin Baicheng: "Mr. Lin, it seems that Cangjiang Industrial has no external intervention at the moment. Should we start sweeping a large number of goods?"

"Start buying as planned yesterday."

Lin Baicheng nodded. He already had a rough plan on how to operate it yesterday. If there were no unexpected surprises, he would proceed as planned yesterday.

"Okay, Mr. Lin."

Anyuan responded and immediately used a pager to send the agreed buy signal to the company's traders in the halls of the four major exchanges, so that they could start scanning and buying at the same time.

"In this era, pagers are still used, which is really inconvenient. Motorola has developed mobile phones, but I remember that they were commercially available for eight years or so. I don't know how many more years it will be before mobile phones can be used. At that time, we contacted It’s much easier to get up.”

Seeing Anyuan using the pager, Lin Baicheng couldn't help but think in his mind. As a born-again person, he knows very well how big the mobile phone market will be in the future, but he has never thought about making mobile phones now.

The main reason is that Lin Baicheng does not have enough capital now, and also because although mobile phones have been commercially available in the 1980s, they really became popular in the 1990s. At that time, there would be more talents in this industry, and it would be easier to poach people if you have money.

More importantly, instead of throwing limited capital into the mobile phone industry now, it is better to use money to make money. When more capital is available in the future, it will be able to gain a better foothold in the mobile phone industry and develop faster.

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