Reborn as a tycoon in Hong Kong
Chapter 322 Hutchison’s long-short battle (4)
At noon, Lin Baicheng was eating at home when he suddenly received a call.
Huo Yingdong asked Lin Baicheng to go to Huo's house after dinner. He said that a friend from Malaysia wanted to meet Lin Baicheng and had something to discuss with Lin Baicheng. Because he was not familiar with Lin Baicheng, he asked Huo Yingdong to be the intermediary.
Since it was Huo Yingdong who invited him, Lin Baicheng certainly had no reason to refuse. Huo Yingdong still had to give him face.
After the meal, Lin Baicheng took his bodyguard to Huo's house.
"Mr. Lin!"
"Master Huo, Mrs. Huo!"
When he arrived at Huo's house, Lin Baicheng met Huo Zhenting and his wife, who had just married and came to pick him up.
The three of them walked into the house and saw two people sitting on the sofa chatting in the living room. One of them was Huo Yingdong.
"Lin Sheng, you are here."
Seeing the three people coming in, Huo Yingdong and the other two stood up.
Huo Yingdong first shook hands with Lin Baicheng, and then introduced: "Lin Sheng, let me introduce to you. This is Mr. Guo Henien, known as the 'Asian Sugar King' in Malaysia, and the patriarch of the Guo family."
"Hello Lin Sheng, I have often heard of your name in Malaysia."
Guo Henian was very polite and took the lead in extending his hand.
Holding Guo Henian's hand, Lin Baicheng praised him and said, "Guo Sheng is joking. I am just a little famous in Xiangjiang. You, the Asian Sugar King, are famous all over the world. You are known to the whole world."
The three of them went to the sofa and sat down politely.
Huo Zhenting made tea for the three of them and stood beside him as a junior, while Zhu Linlin had already been sent away.
Even though Huo Zhenting is older than Lin Baicheng, Huo Zhenting has not yet taken control of the Huo family's family business, while Lin Baicheng has a net worth of at least several billion Hong Kong dollars. Once his wealth reaches this level, he can completely ignore the issue of seniority.
If anyone looks down on Lin Baicheng because of his youth, it is completely humiliating himself. There is no reason for millionaires to look down on multi-millionaires or even billionaires. This is true anywhere in the world.
After the three of them were polite, Guo Henian said: "Lin Sheng, I asked Brother Huo to help me invite you here today. In addition to having something to discuss with you, Lin Sheng, there is something I need to apologize to you first." .”
"What do you think Guo Sheng said?"
Lin Baicheng was a little confused when he heard this. He probably had never dealt with Guo Henian before. Naturally, there was no grievance between the two of them. How could Guo Henian apologize to him?
"The thing is, I personally want to cooperate with Hutchison Whampoa, so I want to become a major shareholder or even director of Hutchison Whampoa, so I am ready to buy shares from the stock market."
"However, Hutchison Whampoa's stock price was relatively high at the time, and I wanted to buy it at a slightly lower price, so I borrowed some stocks from HSBC, hoping to bring down the stock price and raise funds."
"Because I want to buy a lot of stocks, I think that after I start buying, Hutchison Whampoa's stock price will inevitably rise, and it may even break through the previous high, so I have not contacted Lin Sheng for the time being. Who would have thought that what would happen later would cause Hutchison Whampoa's stock price to fall to the current level."
Now that Lin Baicheng was invited, Guo Henian naturally told the truth. After all, if he wanted to cooperate with Hutchison Whampoa later, he would not be able to avoid Lin Baicheng. Otherwise, if this matter was done covertly, he could completely conceal it and there would be no need to apologize to Lin Baicheng specifically.
"Brother Guo doesn't have any ill intentions. He doesn't mean to be short on purpose. I hope you don't mind, Lin Sheng."
Huo Yingdong said a word of help, but that was it. He was acting as a middleman to help Guo Henian invite Lin Baicheng here today, instead of standing by Guo Henian unconditionally.
"Since Guo Sheng has told the matter, let's forget it."
Lin Baicheng waved his hand and said: "After Guo Sheng started short selling, as the stock price continued to fall, I was shocked and thought about how to deal with it better. Unexpectedly, Guo Sheng stopped making any noise later, and the British-owned family But it jumped out.”
Lin Baicheng was indeed not too angry. After all, apart from the initial short selling, Guo Henian's funds did not participate in the continued short selling. Even if there is, the amount of funds is very small, otherwise it would have been noticed.
Even without Guo Henian's short selling, as the international gold price and the Hang Seng Index fell, Hutchison Whampoa's stock price would still fall, and the British-owned family that had been watching would still take action. Hutchison Whampoa's stock price fell to the current level. The degree has almost nothing to do with Guo Henian.
Precisely because he had almost nothing to do with Guo Henian, and because Guo Henian personally apologized, Lin Baicheng naturally expressed his understanding. If it were a British-owned family, even if the British-owned family hired Huo Yingdong as a middleman, Lin Baicheng would not give face unless the other party compensated him for his losses.
"Thank you Lin Sheng for your understanding. It is indeed Guo who was reckless in this matter."
Guo Henian couldn't help but feel happy when he heard this. Lin Baicheng's attitude showed that we could continue talking and the cooperation he wanted could still be discussed. That was fine.
"Lin Sheng, I would like to ask one thing. If I hold no less than 5% of the shares of Hutchison Whampoa, can I join the board of directors of Hutchison Whampoa and promote in-depth cooperation with Hutchison Whampoa's companies? ?”
Hutchison Whampoa has been completely controlled by Lin Baicheng. Of course, Guo Hanian must ask in advance, otherwise it would be meaningless for him to acquire a large number of Hutchison Whampoa shares and join the board of directors.
"Guo Sheng already holds no less than 5% of Hutchison Whampoa's shares?"
Lin Baicheng couldn't help but be a little surprised when he heard this. Guo Henian's hands were fast enough. He probably bought the other party's stock price above 30 Hong Kong dollars. Now he is afraid that the loss will reach 50%.
"not yet."
Guo Henian shook his head and said: "Now I only buy about 1.5% of the shares. Most of them were bought at around HK$40, but I didn't buy much later. I originally wanted to slowly buy Hutchison Whampoa's shares. , it took two or three months, but I never expected that Hutchison Whampoa’s stock price would suddenly plummet. I didn’t raise much money, so I didn’t buy much.”
"But now I have raised a batch of funds. If I make an acquisition from the stock market, I am confident that I will increase my shareholding to more than 5%."
Speaking of this, Guo Henian couldn't help but feel a little heartbroken. The initial purchase price above HK$40 was a bit too high. If you start buying from below 25 Hong Kong dollars or even below 20 Hong Kong dollars, you can buy twice as many stocks with the same capital, and the difference is huge.
Guo Henian's words made Lin Baicheng deep in thought. So Guo Henian was also a potential bull. If Hutchison Whampoa could borrow funds from the bank and both parties worked together, it might be possible to raise the stock price and let the stock price rise. You can't make money on the short side.
However, the premise of all this is to hear how Guo Henian wants to cooperate with Hutchison Whampoa. If it harms Hutchison Whampoa's interests, then we have to consider whether it is worth it.
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