Reborn as a tycoon in Hong Kong

Chapter 238 Yihe takes action

After Huo Yaohua said goodbye and left, Lin Baicheng picked up the phone and called Bao Yugang.

It was working time now, Lin Baicheng took a call directly to Global Shipping, and Bao Yugang was suddenly there.

"Lin Sheng!"

"Sheng Bao, just now two executives from Standard Chartered and HSBC asked me if I was buying Wharf shares to acquire the company. They were asking on behalf of Jardine Matheson. Jardine Matheson already knew about my stock purchase. ”

Lin Baicheng told Bao Yugang what happened. After all, he helped Bao Yugang buy stocks.

"Is that so? It seems that Yihe's reaction is really fast."

Bao Yugang said with regret, if he could let Lin Baicheng secretly buy for a few more days, he could buy more stocks and not spend too much money.

Lin Baicheng asked aloud: "Sheng Bao, what do you think is the best thing to do next?"

"Yihe's reaction was a little quick, but I have taken all these into consideration."

Bao Yugang said something, and then said: "Lin Sheng, the current share price of Wharf is less than 23 Hong Kong dollars. I hope you can buy a large amount of Wharf shares and don't worry about Jardine. Jardine has lost hundreds of millions this time. Hong Kong dollars, it’s not that easy to raise hundreds of millions of Hong Kong dollars.”

"I have currently prepared 300 million Hong Kong dollars in funds. If I buy a large number of stocks, the stock price will inevitably rise sharply. The Wharf stocks that can be purchased by then will probably only account for about 10% of the total shares." Lin Baicheng said after hearing this.

"Lin Sheng, can't you raise some more funds?"

Bao Yugang asked immediately. He originally thought Lin Baicheng could come up with more funds.

"At most, we can get another 100 million Hong Kong dollars, but this 100 million Hong Kong dollars is not enough."

Lin Baicheng said that in fact, he still has 200 million US dollars in principal in the United States to do long gold futures through Goldman Sachs channels, and the financing can be canceled at any time, but it is impossible for him to bring the funds back for Bao Yugang's acquisition, and the loss will be It's his benefit.

"I can go to the bank for a short-term loan, and I believe the interest rate will not be too high. But this matter will definitely not be hidden from anyone, and Jardine will know about it. I don't think Jardine will remain indifferent."

Bao Yugang thought for a while after hearing this, and then said: "Lin Sheng, tomorrow I will come forward to ask Lin Sheng for a loan of 200 million Hong Kong dollars from a Chinese bank, plus the 400 million Hong Kong dollars from Lin Sheng, the 600 million Hong Kong dollars should be We can acquire about 20% of the shares. When I buy these shares from you, Lin Sheng, I believe that if Jardine is smart enough, it will give up control of Wharf."

Lin Baicheng responded: "Okay, Bao Sheng, you can do whatever you want."

"Don't worry, Lin Sheng. I won't let you suffer. All the interest on the HK$200 million loan will be borne by me."

The interest was just a small amount, so Bao Yugang would not let Lin Baicheng pay it out, as that would be too insincere.

"Then I won't be polite."

Lin Baicheng did not push back and forth with Bao Yugang. Anyway, the interest rate on a short-term loan of 200 million Hong Kong dollars would definitely not be high, and it was nothing to the two of them.

After finishing the call with Bao Yugang, Lin Baicheng called Anyuan and asked him to buy a large amount of Wharf's stock price without raising it too high, even if all the 300 million Hong Kong dollars were spent.

After receiving the order, Anyuan immediately arranged for people to buy a large amount of Wharf's stock price. At the same time, he arranged for a group of people to wait at the exchange with stocks, waiting for instructions to suppress the stock price at any time. By suppressing and accumulating funds at the same time, you can buy a large number of shares without raising the stock price significantly.

After the stock price of Wharf changed, Jardine, who had been paying attention to it, immediately knew about it. Henry Kaiser immediately knew that Lin Baicheng was buying Wharf shares.

Henry Kaiser had already learned from Standard Chartered and HSBC that Lin Baicheng bought stocks as a financial investment, but he did not completely believe it. Now that Lin Baicheng has increased his buying efforts after being exposed, he is more sure that there is something wrong, at least. Lin Baicheng will not be as simple as a simple financial investment.

Jardine will not give up control of Wharf easily, but even if Jardine wants to do something now, it must have funds on hand. Jardine Matheson currently does not have a large amount of funds on hand, so for the time being it can only watch and let Wharf's stock price change.

In the afternoon, Lin Baicheng transferred another HK$100 million from Galaxy Games to Yum Securities, adding up to a total investment of HK$400 million. If all the money is spent, he can make a profit of 80 million Hong Kong dollars from Bao Yugang, and after deducting taxes, there will still be more than 70 million Hong Kong dollars, which is not a small amount.

The next afternoon, Lin Baicheng went to a teahouse at Bao Yugang's invitation and met another person in the private room.

After Bao Yugang's introduction, Lin Baicheng found out that this person was Li Fushu, chairman of the Bank of East Asia. As the largest Chinese-owned bank in Hong Kong, the Bank of East Asia is controlled by the Li Fook Shu family. Although the Li Fook Shu family does not hold a very large number of shares in Bank of East Asia, they have extensive connections and have always controlled the largest Chinese-owned bank in Hong Kong. .

Of course, when talking about Chinese-owned banks, we must mention Hang Seng Bank. However, Hang Seng Bank’s Chinese-owned nature is no longer so pure. The controlling stake is in the hands of HSBC, so it can no longer be said to be a Chinese-owned bank.

The Bank of East Asia has a total market value of about HK$3 billion and controls more funds, so it can easily borrow HK$200 million from the Bank of East Asia.

Although this time the loan of 200 million Hong Kong dollars was made from the Bank of East Asia in the name of Lin Baicheng, the person who really wanted the loan was Bao Yugang, so the loan matter had already been negotiated between Bao Yugang and Li Fushu.

Lin Baicheng came here not to discuss the loan with Li Fushus, but to make sure that the matter had been discussed and to meet with Li Fushus. Subsequent receipt of funds would require Lin Baicheng to contact the Bank of East Asia.

After discussing the loan, Lin Baicheng said goodbye and left.

The next morning, Lin Baicheng saw news reports from many newspapers about his acquisition of Wharf. They were very convincing, as if the newspapers reporting on the matter knew everything about it.

After seeing the relevant news, Lin Baicheng immediately contacted Bao Yugang. The two speculated that Jardine Matheson may have done this to the outside world in order to raise the stock price and prevent Lin Baicheng from acquiring too many Wharf shares.

Yihe used this move, and Lin Baicheng immediately asked Bao Yugang what to do. This time Bao Yugang did not make a decision immediately, saying that he wanted to think about it and consider it.

Lin Baicheng didn't care about this. After all, it was Bao Yugang who wanted to acquire Wharf, not him. Even if something like this happened, he didn't need to worry. What he needed to worry about was that Bao Yu was right just now.

Even if Bao Yugang changes his mind and no longer allows him to help acquire Wharf, Lin Baicheng will not lose much, it is just a loss of money.

(Thanks to ‘Look forward to Li Ming’ for the huge reward support!)

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