Reborn as a tycoon in Hong Kong
Chapter 140 Year-end gathering of Chinese businessmen (Part 2)
Huo Yingdong's influence in Xiangjiang is undoubted, especially among Chinese businessmen. He is surrounded by many people, all of whom Lin Baicheng knows. They are all well-known figures in Xiangjiang's business community. It can be said that he is the center of the party.
"Brother Huo!"
Bao Yugang and Lin Baicheng walked over.
"Brother Bao, we are talking about your competition with Yihe for Wharf."
Huo Yingdong first said hello to Bao Yugang, then looked at Lin Baicheng, stretched out his hand and said: "Lin Sheng, long time no see. I didn't expect that your career has developed so fast in just a few months." "No." But the last time they met at a charity gala, Lin Baicheng was just the boss of Galaxy Games, and not many people knew about this company. Now he is not only the boss of Asia Television, but also the boss of Asia Television. Remember the controller of this large company in Huangpu.
"My career has developed so fast, and I have to thank Mr. Bao for his help in helping me buy the shares of Hutchison Whampoa from HSBC."
Lin Baicheng said modestly. While shaking hands with Huo Yingdong, he couldn't help but sigh in his heart. With a higher status, people's treatment is also different. The last time he met the other party, the other party did not take the initiative to shake his hand. Even when he spoke to him, he only said the word "hello".
This is not because Huo Yingdong is arrogant or arrogant. With his status, people who have not reached a certain status will naturally not be able to get into his eyes.
Just like Lin Baicheng now, if he faced a small boss with a net worth of several million or tens of millions, he would have the same attitude as Huo Yingdong. After all, we are not in the same circle.
"Sheng Lin, you're so polite. My help was not in vain. Didn't you sell all the Wharf shares to me?"
Bao Yugang said with a smile. He knew that what Lin Baicheng said was just polite words. The two of them had a consensual transaction that time, and no one owed anyone a favor.
"There is still such a thing."
After hearing this, Huo Yingdong thought for a moment and came up with a rough guess. Lin Baicheng should have sold a lot of Wharf shares to Bao Yugang, otherwise Bao Yugang would not have helped. However, Lin Baicheng's target may have been Wharf before that, but he later transferred his target to Hutchison Whampoa. That's why Lin and Bao were able to reach an agreement, and it should be like this if nothing else happens.
It's not difficult to guess this kind of thing. Not only Huo Yingdong, but also other people around him also had guesses.
"Sheng Bao, now Wharf's stock price has risen to over 30 Hong Kong dollars. If you continue to compete with Jardine Matheson like this, you still don't know how much it will cost. I think you need to talk to Jardine Matheson."
Li Zhaoji said out loud that he had not paid much attention to the Wharf company before, but after the Wharf acquisition war broke out, he certainly noticed it and had people investigate the company. The large amount of land in the hands of this company made him a little jealous, especially since these lands were still in prosperous prime areas. Unfortunately, Bao Yugang had already made the acquisition, and even if he wanted to participate, he did not have that much capital, so he could only Watching with hot eyes.
Guo Desheng also said: "It is already 30 Hong Kong dollars per share now, and it will definitely rise to 40 Hong Kong dollars per share after the year, and even higher 50 Hong Kong dollars per share is not impossible. If you buy it by then, you will not only be in trouble. I can’t bear it, and I don’t think Yihe can bear it either, so it’s still necessary to talk.”
"Alas, actually this acquisition has come to an end for the time being."
After listening to what a few people said, Bao Yugang shook his head helplessly: "Niu Bijian has found HSBC's Shen Daban and asked Shen Daban to make peace with him. The two of us have agreed not to increase our shareholdings in the short term."
Bao Yugang must give Shen Zhou face because he has a deep cooperation with HSBC. Besides, to put it bluntly, if Bao Yugang doesn't give face, and Shen Porridge supports Yihe in anger and gives a large amount of loans to Yihe, then how can Bao Yugang compete with Yihe?
"It seems like Wharf's share price is about to fall."
Feng Jinxi said aloud, thinking about selling the company's Wharf stocks immediately tomorrow. Wharf's stock price was originally over 12 Hong Kong dollars, but due to the outbreak of the takeover war, it soared to as much as 30 Hong Kong dollars, an increase of 150%. Now that the takeover war is suspended, the stock price will inevitably fall sharply. This is beyond doubt.
Huo Yingdong nodded in agreement and said: "This is inevitable. The market value of Wharf before the acquisition was only about 1.1 billion Hong Kong dollars. Now it is higher than the market value of Hutchison Whampoa, reaching as much as 2.7 billion Hong Kong dollars. This is all because of Brother Bao Due to competition with Jardine Matheson, now that the two of them no longer increase their shareholdings, the stock price will naturally plummet."
Yes, the market value of Wharf is indeed a little higher than that of Hutchison Whampoa, because Hutchison Whampoa's current stock price is below HK$7. Although Lin Baicheng continues to buy Hutchison Whampoa's shares and continues to increase his holdings, he still does not Pulling up the stock price is just to stop the stock price from falling. The reports he asked the newspapers to report turned out to be true, and a large number of investors were not optimistic about the company's prospects after he took over Hutchison Whampoa.
Lin Baicheng doesn't care about this. He will continue to increase his shareholding anyway. The falling stock price will also be conducive to his increase in holdings, and he can increase his holdings to a sufficient number of shares at a lower price.
"I really envy you Lin Sheng. You easily became the largest shareholder of Hutchison Whampoa. The Qi Dezun family didn't even have the chance to react."
Bao Yugang was really envious of Lin Baicheng. Only part of the shares were acquired at a 20% premium, and he easily obtained control of Hutchison Whampoa. How could he not get it despite paying such a high price? To gain control of Wharf, one can only temporarily become a director and major shareholder of Wharf.
"The move Lin Sheng made in the newspaper was indeed beautiful."
There were a lot of newspaper reports on the day when Lin Baicheng purchased a large amount of Hutchison Whampoa shares. Anyone with a discerning eye can now see what happened. No one here didn't know.
Feng Jinxi said: "However, if Hutchison Whampoa does not have good results in a short period of time, it will be difficult for the stock price to rise. It can be regarded as a gain and a loss."
"Yes, and although I won Hutchison Whampoa, I now owe a lot of debt. If Hutchison Whampoa does not develop well, then I will be miserable."
Lin Baicheng performed poorly in order to prevent anyone from getting jealous and creating a few more opponents for no reason.
However, Lin Baicheng is very clear that if he wants Hutchison Whampoa to vigorously develop the real estate industry, he will definitely compete with real estate developers such as Li Zhaoji, Zheng Yudong, Xu Shixun, and Guo Desheng, so it is impossible to have no rivals. Try to avoid causing outrage.
This kind of gathering is mainly for chatting and talking about their respective business developments. Try to avoid malicious competition with other people. If you want to compete, try to compete with British-funded companies.
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