Reborn as a tycoon in Hong Kong
Chapter 350 Two women return to the United States
In the afternoon, Lin Baicheng held a board meeting at Hutchison Whampoa to report to the board of directors on the specific transactions of stock repurchase and discuss the direction of use of profit-making funds.
Of course, it is said to be a discussion, but Lin Baicheng has clearly stated that the funds must be invested before the end of December to avoid paying a large amount of tax. At the same time, the investment direction has also been decided on the two businesses of real estate and retail.
Although the investment direction has been determined, there are many things to discuss. For example, if investing in real estate, whether to self-build or purchase properties, what to build, etc.; if it is retail, which country should be given priority for expansion, who should be sent to expand, etc. These must be decided after discussion at the board of directors.
Lin Baicheng grasped the general direction, and Wei Li and the others arranged the specific matters, and he would finalize it. Over the past year, Lin Baicheng has been managing Hutchison Whampoa in this way. For now, there are no major problems in the company's operation.
"Lin Sheng!"
After the board meeting, Guo Henian found Lin Baicheng.
"Guo Sheng!"
The two shook hands and walked outside the conference room together.
Guo Henian said: "Lin Sheng, this time the company bought a piece of land in Mong Kok from the Hong Kong government. The price is much cheaper. Is it related to the stock buyback transaction?"
Although the specific transaction of repurchasing shares was reported to the board of directors, the price difference compensation for the purchase of the land was not stated at the board of directors. After all, this was a private transaction that harmed the interests of the Hong Kong government. The content of the board of directors' meeting was that Recorded, how could such a thing be said so stupidly and directly.
If word got out accidentally, there would definitely be a commotion, which would be detrimental to Hutchison Whampoa.
"Guo Sheng saw it."
Lin Baicheng smiled softly and did not deny it. He knew that smart people could see it.
"fair enough."
Guo Henian said solemnly: "The combined efforts of many British-owned families will definitely affect the Hong Kong government's decision when needed. Now that they can admit defeat, it is also a good thing for Hutchison Whampoa."
"I think so too."
Lin Baicheng nodded slightly. After all, Xiangjiang is now a British colony. If it were confirmed that 97 would return in a few years, it would be different. Although the Hong Kong government still controls Hong Kong, it will not be that easy if it wants to ignore the judiciary and do something.
Therefore, it is very important for businessmen to have a strong motherland as a backing, otherwise their assets abroad will be threatened at all times.
Nodding, Guo Henian changed the topic and said: "Lin Sheng, thanks to you this time, Brother Huo, Bao Sheng, Zheng Sheng and I all made a lot of money, so we wanted to hold a banquet to express our gratitude. Please tell me, when will you have time?"
"I'm going to the United States before Christmas, before the 20th. Guo Sheng, you can decide the specific time."
Lin Baicheng didn't refuse. The relationship between us needs to be in constant contact to get better. If we don't move around more, how can the relationship get better?
"There's still more than a week left, no problem. Once the time is confirmed, we will contact Lin Sheng in advance."
Guo Henian nodded in agreement and did not ask Lin Baicheng what he was going to do in the United States before Christmas.
After the two chatted for a few words, Guo Henian said goodbye and left.
Lin Baicheng did not stay at Hutchison Whampoa until get off work. He left the company at four o'clock and went to Yum Securities.
At Yum Securities, there were already people waiting for him here.
"Haruko! Vivien!"
Lin Baicheng met Maori Haruko and Vivien Kelly in his office at Yum Securities.
"Chairman!" "BOSS!"
Lin Baicheng invited the two of them to sit down on the sofa.
Lin Baicheng said to the two of them: "After you two return to the United States, you will develop the Golden Fleece Company. I hope you can achieve results as soon as possible."
Vivien Kelly immediately said: "BOSS, don't worry, we will not let you down."
Haruko Maori also echoed, and she is now also a member of the Golden Fleece Company.
Nodding, Lin Baicheng asked: "Are the negotiations with Henry Caesar and the others still continuing today?"
"The negotiations will end before three o'clock."
Vivien Kelly replied: "Their bid is still below HK$55, while we are asking for more than HK$60. The price difference between the two parties is at least 10%, so the negotiation is still not concluded."
"There's no rush for now."
Lin Baicheng nodded: "It's best if we can negotiate. If we can't negotiate, there will be no loss. Just sell slowly. Having said that, I asked you to start selling after the stock price exceeds 60 Hong Kong dollars. In the morning, Hutchison Whampoa's stock price exceeded 60. Hong Kong dollar, how many shares did you sell today?"
"Bill's assistant called not long ago and reported this matter."
This time it was Haruko Mouri who spoke out. She said: "According to your request, we will slowly sell the stocks without suppressing the stock price. Therefore, the number of stocks we sold is not large, only 2 million shares. The average selling price was HK$60.7, and about HK$120 million was collected.”
"Take your time, don't rush."
Lin Baicheng smiled. Today's closing price of Hutchison Whampoa was HK$61.15. If he had not asked the offshore company to sell the stock, the stock price would definitely have risen higher. However, the offshore company's stocks must be sold, otherwise Lin Baicheng's $100 million in funds will remain with the brokerage as a deposit, and the interest on the financing will have to be paid every day.
The reason why the capital was only US$100 million was because the US$100 million later transferred as margin was transferred away after Hutchison Whampoa's stock price exceeded 30 Hong Kong dollars, because no more margin was needed at this time.
Vivien Kelly asked aloud: "BOSS, the company has made a huge profit this time. Do you have any arrangements for the profit funds?"
Lin Baicheng glanced at Vivien Kelly: "You want me to invest the funds in the company and leave more funds to you for operation, right?"
"I know I can't hide it from you, BOSS."
Vivien Kelly nodded and admitted that she did think so.
"There's no rush now. Let's wait until the funds raised from selling the stocks have repaid the financing provided by the brokerage."
Lin Baicheng shook his head. He hadn't decided yet what to do with the funds. After all, the stocks had just started to be sold and he hadn't seen the money yet, so it was pointless to think about it so much.
Seeing what Lin Baicheng said, Vivien Kelly certainly couldn't ask any more questions.
After Lin Baicheng chatted with Maori Haruko and Vivien Kelly for a while, he sent them to the airport.
Today, Haruko Maori and Vivien Kelly will return to the United States with some of their manpower. After all, the Golden Fleece Company has just been established, and the two veterans cannot leave for too long, leaving the company under the management of a newcomer, Sun Yiyang, for a long time.
Anyway, Bill Harveys and Doug Gordon stayed in Xiangjiang with some of the remaining manpower, and they were operating Hutchison Whampoa's stocks.
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