Reborn as a tycoon in Hong Kong

Chapter 239 Each achieves their goal

Monday morning.

Before the stock market opened, Lin Baicheng held a press conference and stated that he had no intention of acquiring Wharf, but that he was optimistic about Wharf's stock price, so he made a financial investment. At the same time, Wharf's shares will be acquired at a price of HK$30 per share, and only 10 million shares will be acquired.

Relevant news soon appeared on ATV's morning news, and other newspapers also temporarily changed the printing content of their newspapers to print the news in their newspapers.

At this moment, Lin Baicheng holds nearly half of the shares of Hutchison Whampoa. He is the boss of Asia Television and a proper Hong Kong tycoon. What the tycoon says is important news, and it is normal for it to be taken seriously.

The outside world has different interpretations of this news.

But this news is a huge benefit to investors who hold Wharf stocks. You must know that the share price of Wharf at the closing price last Friday was just over 23 Hong Kong dollars. The price of 30 Hong Kong dollars per share is directly It rose by nearly 30%.

In just two Sundays, the value of the stock holdings in my hand has increased by nearly 30%. Isn't this a super good thing or something? It's just pie in the sky.

During the call auction in early trading, Wharf's share price hit a price of HK$30 per share and remained motionless.

"30 Hong Kong dollars per share, do you want to sell it or not?" "Lin Sheng said he would only acquire 10 million shares. It would be great if he joined the Wharf acquisition. Hutchison Whampoa's market value is nearly 10 billion Hong Kong dollars. "Do you think he will acquire Wharf shares again in the future?" "To be honest, Ship King and Jardine Matheson hold a large number of shares in Wharf, and it is highly unlikely that Lin Sheng will succeed in the acquisition." Big, so it is really possible that he is just doing financial investment." "Since he is doing financial investment, then I will invest with him and keep holding the stocks. I will not sell the stocks.".

In the exchange, Wharf shareholders were discussing Lin Baicheng's acquisition of Wharf shares and whether to sell their shares.

After the stock market officially opened for trading, many investors who wanted to be safe sold their Wharf stocks. However, some investors or institutions were bold enough to buy stocks above HK$30, which has already pushed the stock price upward.

However, these people's funds were not large, and they were quickly suppressed by selling orders, and the stock price fell back to HK$30. The price of HK$30 is backed by Lin Baicheng's acquisition, so this price will not fall below until Lin Baicheng acquires 10 million shares.

This morning, Wharf's stock price rose several times. Unfortunately, due to insufficient funds and more selling orders, the stock price was still hit to the price of 30 Hong Kong dollars. Lin Baicheng still bought a lot of stocks at this price.

After the morning trading ended, at noon, Jardine Matheson suddenly announced that it would also acquire Wharf shares at a price of HK$30 and increase its holdings in Wharf.

It was impossible for Jardine Matheson to watch Lin Baicheng buy a large number of Wharf stocks, so after Lin Baicheng purchased Wharf stocks at a price of 30 Hong Kong dollars, he immediately raised some funds to follow up. What Jardine wanted was not how many shares to buy, but to raise the share price of Wharf to prevent Lin Baicheng from buying too much.

Not long after the news appeared, Lin Baicheng received a call from Bao Yugang.

"Lin Sheng, thank you very much this time. Jardine Matheson has now followed up. Since it tore up the agreement, I can now increase my holdings in Wharf."

The actions of Jardine Matheson are exactly what Bao Yugang wants. As long as Jardine makes a move, Bao Yugang can openly increase his holdings in Wharf, because it was Jardine that tore up the agreement. And this time Jardine has torn up the agreement. If Bao Yugang gains the upper hand again, Jardine will not be able to coordinate through HSBC, because some things cannot be done again.

"You're sorry."

Lin Baicheng smiled and said politely.

Bao Yugang said: "Lin Sheng, let's do as we agreed. Lin Sheng, if you buy the stock at 30 Hong Kong dollars, how much can you get? I will find a way to raise funds here, and then I will do it after the funds are in place." field."

"Don't worry, Mr. Bao."

Lin Baicheng smiled and said, this was what the two of them had agreed on yesterday.

After a few more polite words, the two ended the call.

Because of Jardine Matheson's sudden move, Bao Yugang changed his plan and asked Lin Baicheng to step forward and acquire the stock at a price of HK$30. Jardine Matheson could only watch Lin Baicheng buy a large number of shares or follow up. At that time, Bao Yugang You can just increase your holdings openly and openly.

Now, with Yihe following up, Bao Yugang's goal has been achieved.

In this case, all Lin Baicheng has to do is to buy all the sold stocks at the price of 30 Hong Kong dollars, and buy as many as he can.

Because the funds are temporarily sufficient, the loan from the Bank of East Asia is not needed for the time being. Bao Yugang can handle this matter, but Lin Baicheng does not need to worry about it.

After the stock market opened in the afternoon, Wharf's stock price rose sharply again, rushing above HK$30. This time the rise was very strong. After Lin Baicheng acquired the stock, Jardine Matheson also expressed the intention to acquire it. There is also the possibility of acquisition by Bao Yugang. Therefore, the market will naturally have expectations. 30 Hong Kong dollars can no longer satisfy most investors.

Investors are reluctant to sell their stocks, and many people are buying at higher prices. As a result, Wharf's stock price has no choice but to rise.

Wharf's stock price rose sharply, exceeding the price of 30 Hong Kong dollars, and Lin Baicheng naturally could not buy the stock. Lin Baicheng didn't care about this. After all, he was helping Bao Yugang buy stocks, and it was nothing more than making a little less money.

Jardine was even more happy to see Wharf's stock price soaring. Although they could not buy the stock, their purpose was to prevent Lin Baicheng from buying the stock, or to let Lin Baicheng buy the stock at a higher price. Today's stock price Their goal was achieved with a huge increase.

As for Bao Yugang, he had anticipated the changes in Wharf's stock price, and he was very determined to take over Wharf. Even if he temporarily bought Wharf at a higher price, he would be able to accept it.

Therefore, Bao Yugang did not pay attention to the changes in Wharf's stock price. Instead, he first approached HSBC's Shen Chow and asked what Jardine Matheson said about violating the agreement by increasing its holdings of Wharf shares.

What could Shen Porridge say? Of course, he pretended not to know about this beforehand, called Henry Kaiser, the chairman of Jardine Matheson \u0026 Co., and then told Bao Yugang that the agreement between the two parties was invalid, and Bao Yugang could also increase his holdings of Wharf stocks at will. .

After the goal was achieved, Bao Yugang did not give up, but sought loan support from Shen Zhou. In order to gain control of Wharf, he also needs to acquire no less than 20% of Wharf's shares. With Wharf's current stock price, funds of less than HK$1 billion are not safe enough, and such a large loan is not ordinary. banks can get it.

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