Reborn as a tycoon in Hong Kong

Chapter 490 Refuse to sell, creating a trend (two-in-one)

On the morning of Wednesday, June 20, Lin Baicheng took a private plane back to Hong Kong.

When he returned to Xiangjiang, it was already approaching noon, and Lin Baicheng went directly back to his villa in Repulse Bay.

In the afternoon, Lin Baicheng contacted Shen Zhou and asked Shen Zhou to meet at Hutchison Whampoa.

At about 2:30 in the afternoon, Shen Zhou came to see Lin Baicheng, and the two met in Lin Baicheng's chairman's office.

"Taban Shen, I asked before. The stock capital purchased by HSBC at an average price lower than HK$43 was less than HK$500 million. Now Hutchison Whampoa's stock price has exceeded HK$50. Is it necessary to continue our transaction?" "

The agreement between Lin Baicheng and HSBC has requirements for each other. Lin Baicheng can send someone to supervise that HSBC uses only one account to purchase Hutchison Whampoa stocks. This will make it easier for Lin Baicheng to determine how much stock HSBC purchased; similarly, HSBC wants a low price. Buying the stock also benefits Lin Baicheng, so purchases below the average price of HK$43 can be counted as buying funds.

Now, HSBC has purchased less than HK$500 million in stocks at an average price below HK$43, so the agreement with Lin Baicheng will not be triggered, and there is no need to give Lin Baicheng a three-year low-interest loan of HK$500 million.

The reason why Lin Baicheng said this is because Hutchison Whampoa's current stock price is higher than 50 Hong Kong dollars, and it is still in an overall upward trend. No matter how many stocks HSBC buys now, it cannot be regarded as a low-price purchase, let alone give any more Lin Baicheng took out a low-interest loan.

"Lin Sheng, the time of our agreement is half a year, that is, until the end of the year. It is still early. Although Hutchison Whampoa's current stock price is higher than 50 Hong Kong dollars, no one is sure what will happen next. There may be more It’s possible to adjust.”

Shen Porridge shook his head and said, HSBC has given Lin Baicheng a lot of benefits, how could he just give up the agreement for no reason? The loss to HSBC would be too great.

"Well, since Mr. Shen insists on the agreement, I can't say anything."

Lin Baicheng was not disappointed when he heard this. He nodded and said: "However, HSBC can find ways to suppress Hutchison Whampoa's stock price, but it cannot affect my own reputation, Hutchison Whampoa's reputation, and Hutchison Whampoa's operations. Otherwise, I will not Will cooperate."

Shen Porridge nodded to express his understanding: "Don't worry, Lin Sheng. Since we have negotiated in advance, HSBC will naturally not violate it."

"So best."

Lin Baicheng smiled and nodded and said no more.

"By the way, Lin Sheng."

Shen Zhou seemed to suddenly remember: "You seem to hold 5% of the shares of Cangjiang Industrial, right?"

"Yes, I hold 2.1 million shares of Cangjiang Industrial. Why did Mr. Shen suddenly ask about this?"

Lin Baicheng nodded slightly. Cangjiang Industrial was Li Jiacheng's company. Shen Zhou's sudden inquiry made him subconsciously think that Li Jiacheng wanted to buy back the shares from him, which made Lin Baicheng unable to cause trouble to Cangjiang Industrial.

"Is such that."

Shen Zhou organized the speech and said: "HSBC has in-depth cooperation with Li Sheng of Cangjiang Industrial, so I want to hold some shares of Cangjiang Industrial. Slowly buying from the stock market will only continue to increase the stock price, so I want to buy from the stock market." I have purchased nearly 5% from various shareholders, so I want to buy another 5% from you, Lin Sheng, to make up about 10%." The fact is of course that Li Jiacheng asked him to find a way to buy Cangjiang Industrial from Lin Baicheng shares, and he certainly couldn't tell the truth, so he tried in roundabout ways.

"Daban Shen, I can't help you here."

Lin Baicheng immediately shook his head after hearing this: "I am very optimistic about Li Sheng's ability of Cangjiang Industrial. I believe that he can bring better development to Cangjiang Industrial and give me a greater return on my investment. Therefore, I am investing in this investment." I am planning to wait for Cangjiang Industrial's market value to exceed 10 billion Hong Kong dollars before selling it, so I can't help you, Shen Daban."

"Ten billion Hong Kong dollars?"

Shen Zong couldn't help but said: "Lin Sheng, there are only a few companies in Xiangjiang with a market value of more than 10 billion Hong Kong dollars, and the current market value of Cangjiang Industrial is less than 1 billion Hong Kong dollars. Let's not say whether Cangjiang Industrial can develop into a hundred billion Hong Kong dollars in the future. Even if it is possible to build a large enterprise worth 100 million Hong Kong dollars, it will take at least ten to twenty years."

"That's not necessarily the case."

Lin Baicheng shook his head and smiled: "When Hutchison Whampoa was acquired by me, its market value was less than 3 billion Hong Kong dollars, but now it has become a large company with a market value of more than 20 billion Hong Kong dollars. No one can guarantee Cangjiang Industrial about opportunities. Will you encounter it?"

Hearing this, Shen Zhou retorted: "Lin Sheng, not everyone has your investment vision. Although Li Sheng is good, I am sure that he will not be able to develop Cangjiang Industrial to tens of billions of Hong Kong dollars in a few years. "

"Daban Shen is so complimentary."

Lin Baicheng waved his hand modestly, and then said: "Of course, I also agree with your judgment, Shen Daban. Li Sheng may not be able to develop Cangjiang Industrial to the level of tens of billions of Hong Kong dollars in a few years, but I can afford to wait. Then Just consider 5% of the shares as my long-term investment."

"Lin Sheng, what if I can buy it at a premium?"

Hearing this, Shen Zong tried again: "Since it is an investment, Lin Sheng does not have to invest in Cangjiang Industrial. I will purchase the shares of Cangjiang Industrial at a premium. Lin Sheng, you use the funds to buy shares of other companies, and you can also You can make a lot of premium money.”

"Daban Shen, I'm afraid you won't be able to accept my price."

Lin Baicheng smiled and shook his head. He was now more certain that Shen Zhou helped Li Jiacheng buy the shares, so it was okay to ask him to sell the shares, as long as he could accept being slaughtered by him.

"Please Lin Sheng, please tell me."

Shen Porridge was all ears. Anyway, there was no loss in listening first.

“Trading at a premium of three times current market capitalization.”

Lin Baicheng raised three fingers as he spoke.

"three times?!"

Shen Porridge couldn't help being surprised. Lin Baicheng was not just like a lion opening his mouth, he didn't kill a pig like this.

"Lin Sheng, if the premium is so high, I might as well go to the stock market and buy it directly. No matter what, the premium for buying 5% of the shares won't be three times as high."

Lin Baicheng shrugged: "I knew you wouldn't be able to accept it, Mr. Shen, but this is my psychological bottom line."

"If the premium is less than 50%, then we can still talk about it, if it is so high."

Shen Porridge shook his head as he spoke. He didn't need to ask Li Jiacheng to confirm that such a high premium was absolutely unacceptable to Li Jiacheng.

Shen Cong, Li Jiacheng and others are business elites. Of course, they cannot do stupid things. If they really buy Lin Baicheng's shares at a triple premium, then they will be fools. After all, Cangjiang Industrial is a listed company. Once they acquire Lin Baicheng's shares at a triple premium, Lin Baicheng can slowly buy Cangjiang Industrial's shares from the stock market at the market price. This is equivalent to Li Jiacheng giving Lin Baicheng Free money.

"Then I can only express regret that I can't help you, Mr. Shen."

Lin Baicheng said helplessly, without asking whether Shen Zhou was helping Li Jiacheng buy shares. As long as he knew this in his mind, there was no need to say it out loud, not to mention that Shen Porridge would not admit it.

"It's okay. Lin Sheng also has to consider your own investment interests."

Shen Porridge was not too disappointed. After all, he was helping Li Jiacheng, and whether he could get it done or not had no impact on him or HSBC.

After that, Shen Porridge didn't sit there for too long, and left after a while.

After Shen Zhou left, Lin Baicheng asked his secretary to call Wei Li over.

Facing Lin Baicheng's call, Wei Li put down his work and rushed over as quickly as possible.

Lin Baicheng invited Wei Li to sit down on the sofa, and the two of them drank tea and chatted.

"Wei Li, I heard that some people in the company have dirty hands and have damaged the company's interests. Do you know about this?"

Of course, Lin Baicheng didn't really hear about this incident, but the Zhiyin Comics physical store incident made him worried that there were such people in other companies. He thought that a group company as big as Hutchison Whampoa would definitely have bugs, so he said this , anyway, he didn’t name him specifically.

"I'm sorry, I haven't heard about this matter, but I will immediately have someone investigate and handle it, and I will definitely give you a satisfactory answer."

Wei Li's heart tightened. He didn't expect such a thing to happen. What's more terrible is that he didn't know about it. Instead, the boss Lin Baicheng knew about it first. You know, he has more time to manage the company. Logically speaking, he should have discovered it first, but he didn't. This made him have to worry about whether Lin Baicheng would question his ability and whether he also had dirty hands and feet. One of the people.

"I don't want this matter to cause too much trouble and affect the company's operation and development."

Lin Baicheng waved his hand and then changed the subject: "However, this kind of thing must not be left alone, so you must do a good job in this area from now on. I hope that the management can catch the bugs in the company, not me. I heard this kind of thing from other places, do you understand what I mean?”

"Don't worry, Mr. Lin, I will work with others to do the relevant work, and I will never let you down."

When Wei Li heard this, he immediately guaranteed that the management would not only catch the moths, but also strengthen the company's management in this area and strive to prevent moths from appearing in the company. This is his ability and achievement.

"I believe you."

Lin Baicheng nodded to express his trust in Wei Li and other management, stopped talking about this topic, and said instead: "It is already June, but we can make preliminary preparations for this year's equity incentives for management and outstanding employees. "

"Mr. Lin, how many stocks are there for equity incentives this year?"

Wei Li asked excitedly. As Hutchison Whampoa's chief executive, he was able to obtain the largest number of incentive shares.

"Today, there are 8.9 million shares left to be repurchased by the company. Last year, 1 million shares were incentivized. This year must not be less than last year. Wei Li, how much do you think is appropriate?"

Hutchison Whampoa originally repurchased 10 million shares, but last year it used 1 million shares for equity incentives, and then used 100,000 shares as compensation for Wei Li, so the company currently has 8.9 million shares left of its own company. stock. These 8.9 million shares alone are equivalent to more than 400 million Hong Kong dollars based on the current stock price.

"1.5 million shares."

Wei Li thought for a while and said: "Although the number of incentive stocks should be increased, the company has not developed dramatically this year compared to last year. It can only be said to have grown steadily. Therefore, I personally feel that the equity incentive of 1.5 million shares is enough."

Of course Wei Li hopes that the more the better, but he is the boss of the company and his words must be well-founded, otherwise his ability will be questioned.

"Okay, just 1.5 million shares."

Lin Baicheng thought this number was quite appropriate, so he had no objection.

Although 1.5 million shares are worth nearly 80 million Hong Kong dollars based on the current stock price of Hutchison Whampoa, which is not a small amount, Lin Baicheng has said that he will carry out equity incentives, so he will not go back on his words. The main reason is that he knows very well that for a large company like Hutchison Whampoa, it cannot retain talents without paying enough benefits.

"Weili, don't announce this year's equity incentive plan for the time being, as long as you and the management know about it. Before it is officially announced, you must conduct secret inspections of the company's outstanding employees and management to allow outstanding talents to receive the applications." Their share.”

"Furthermore, I have spent such a large price on equity incentives, so I will never allow anyone to embezzle and harm the company's interests. Otherwise, why would I spend such a large price on equity incentives for your management and outstanding talents? You Say so?"

"Mr. Lin, you are right!"

Wei Li naturally nodded and said: "The company does not treat any employee badly. The company's salary can even be said to be high in Xiangjiang, and the welfare benefits are not bad. In this case, there are still people who are worms, so it means that this person It’s very problematic and we need to find this kind of person.”

"As long as you understand."

Lin Baicheng smiled and nodded slightly. Not only Hutchison Whampoa, but also other companies, he would remind them one by one, creating a trend of "catching moths" from top to bottom. This won't make all the borers disappear, at least it will make those borers afraid to be so bold. At the same time, it will definitely catch some borers out, which will be of some use.

Wei Li thought for a moment and asked, "Mr. Lin, do you have any plans regarding the company's dividend this year?"

"The company currently does not have much cash, and dividends have been temporarily suspended."

Lin Baicheng shook his head when he heard this: "Let's see if there is a large amount of income in the second half of the year. If so, we will talk about dividends then." He did not object to using some of Hutchison Whampoa's funds to distribute dividends. After all, he insisted If you own nearly half of the company's shares, you can get almost half of the dividends. The problem is that you don't have to pay taxes.

Of course, the premise of dividend distribution is that it does not affect the development of Hutchison Whampoa. In the current situation where the company does not have much cash, Lin Baicheng will not pay dividends to avoid affecting the company's development.

"OK!"

Dividends must be decided by Lin Baicheng, and Lin Baicheng was right, so Wei Li didn't say anything.

Lin Baicheng said: "If there is nothing else, you can go and do your work first."

"Mr. Lin, I'm going to work first."

After hearing this, Wei Li stood up and left.

Not long after Wei Li left, Lin Baicheng also left the office. He even left Hutchison Whampoa Company and prepared to go to other companies. The "catching moths" trend requires him to personally hammer the managers and management of various companies, only in this way will they take it seriously.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like