Reborn as a tycoon in Hong Kong
Chapter 547 Reward, Harvest (Two in One)
After the Mid-Autumn Festival.
Hutchison Whampoa continued to hold board meetings to discuss the use of company funds, and everyone enthusiastically came up with ideas.
Everyone is trying to make Hutchison Whampoa develop better and put the company's funds to practical use so as to increase the company's revenue and profits.
Since it is a discussion, of course it is impossible to reach a conclusion at once. Some decisions are made directly, while others have to be discussed slowly.
After the board meeting, Wei Li found Lin Baicheng and reported something to Lin Baicheng.
"Mr. Lin, our company's current market value is close to HK$40 billion. Even if the company's stock price drops later, there should be no problem in maintaining the company's market value above HK$30 billion."
After the Mid-Autumn Festival, Hutchison Whampoa's stock price continued to fluctuate upward, reaching around the price of HK$95.
"so what?"
Lin Baicheng nodded and motioned for Wei Li to continue.
Wei Lidao: "With the company's current market capitalization, I think the company should expand the size of the board of directors and increase the number of directors."
Given Hutchison Whampoa's current size, nine directorships are a bit small.
"So this is what you were going to say."
Lin Baicheng nodded in understanding and said, "Do you still remember that I told you that the company was going to issue additional shares?"
"of course I remember."
When Wei Li heard this, his heart moved: "Mr. Lin, is this matter already in progress?" He only knew about it, but he didn't know the specific process.
"good."
Lin Baicheng nodded and said: "I have already had preliminary discussions with Shen Zhou. When the company's stock price stabilizes after the recent surge, we will discuss the number and price of additional shares."
"Even if you don't tell me, I will expand the size of the board of directors and increase the number of directors during this additional stock issuance."
After hearing this, Wei Li immediately said: "It turns out that Mr. Lin, you have already taken this into consideration, but I was doing something unnecessary."
"You can't say that, Wei Li, you also have good intentions."
Lin Baicheng waved his hand and continued: "The company currently has no shortage of funds. After the additional stock issuance, the company will receive a large amount of funds again, so the company can take bigger steps without worrying about funding problems."
Wei Li nodded to express his understanding: "I understand what you mean. We will be bolder in the company's development plan in the future."
Lin Baicheng reminded: "If you issue additional shares, your holdings will be reduced, but as the company becomes stronger and the stock price rises, the value of your shares will not be lost, so developing the company well is the key."
After hearing this, Wei Li immediately said: "Mr. Lin, we don't have much company stock in our hands at all. Even if the reduction is limited, major shareholders like you, Mr. Lin, don't mind issuing additional shares, so how can we have any objections."
Lin Baicheng said with satisfaction: "As long as you understand this truth, remember to do ideological work with other management."
"I'll take care of this."
Wei Li immediately agreed. In his opinion, others should also understand the reason. If someone really can't understand or has any opinions, that would be very unwise. Such people have not been around in the workplace for a long time, and it is impossible for them to stay at Hutchison Whampoa forever.
What Weili wanted to say was to expand the size of the board of directors, so he said goodbye and left.
Lin Baicheng was busy with work at Hutchison Whampoa, and there were many documents that he needed to review and sign.
"Dingling bell~~"
"Is there a problem?"
"Mr. Lin, this is the call from President Li of Xinhua News Agency. Would you like to answer the call?"
"Of course, come in."
After listening to the secretary's words, Lin Baicheng said immediately.
A moment later, Li Fuquan's voice appeared on the phone.
After the two were polite, Li Fuquan explained the purpose of the call, saying that he wanted to visit Lin Baicheng and have a chat with Lin Baicheng.
Although he didn't know what Xinhua News Agency wanted to tell him, Lin Baicheng said there was no problem, and the two made an appointment to meet at Xingyue Electronic Game Company around 10:30 tomorrow morning.
The reason why it is not Galaxy Game Company is because Galaxy Game Company is no longer a company solely owned by Lin Baicheng and is about to be listed on the US stock market. Li Fuquan's identity is somewhat sensitive. If the two meet in the company, bad news will spread. It's troublesome.
Back home in the evening, Lin Baicheng learned from his sister Lin Shufang that his parents would return to Xiangjiang in a few days.
Now that the Mid-Autumn Festival has passed for several days, Father Lin and Mother Lin are just now preparing to return to Xiangjiang. It can be said that they have stayed in the mainland for long enough.
The next morning, Lin Baicheng went to Xingyue Electronic Game Company.
At Xingyue Electronics, the company is developing in an orderly manner. New games are constantly being developed. At the same time, it is also in contact with other game companies. Consoles and cassettes are also being produced continuously.
Lin Baicheng is naturally very concerned about this company. He has high hopes for this company, but there are currently no important matters for him to handle personally.
Nonetheless, since he came here, of course he had to inspect it until Li Fuquan arrived.
"President Li, why are you the only one here? Where is President Wang?"
Seeing that Li Fuquan was the only one, Lin Baicheng couldn't help but be a little confused. After all, when they met in the past, the two presidents came together.
"Comrade Wang went back to participate in the National Day and report on work. He has not come to Xiangjiang yet." Li Fuquan explained the reason.
"So that's it, President Li is here to invite me."
Lin Baicheng nodded suddenly, and then invited Li Fuquan to come in and talk in his office.
Arriving at the office, the secretary made tea and went out. There were only two people in the office.
While drinking tea, Li Fuquan said: "Congratulations to Mr. Lin. Both Hutchison Whampoa and Yum Fund have achieved huge returns on their investments."
"Thanks."
Lin Baicheng smiled and held up the tea cup to signal. He knew that Li Fuquan was definitely not specifically congratulating him.
Li Fuquan solemnly said: "Mr. Lin, thank you for your continued support of our work and your patriotism. We all see this."
Lin Baicheng said seriously: "This is what every patriot should do."
"But not everyone is a patriot, and there are especially few patriots like you, Mr. Lin."
Li Fuquan shook his head, and then said: "Mr. Lin, you are one of our own. I won't beat around the bush when I say something."
Lin Baicheng immediately said: "If President Li has anything to say, just say it."
Nodding, Li Fuquan asked: "Mr. Lin, I would like to ask, is it possible for Hutchison Whampoa to invest in China?"
"Um?"
Lin Baicheng was a little surprised. He didn't expect Li Fuquan to ask this.
Upon seeing this, Li Fuquan said: "Mr. Lin, we know that Hutchison Whampoa is now the largest company in Hong Kong by market capitalization. If we invest in the mainland, it is likely to have a very big impact, causing the Hong Kong government to target Hutchison Whampoa, so if we invest in the mainland If it causes an accident to Hutchison Whampoa, Mr. Lin, just say it's okay."
"Since President Li said so, let me tell the truth. Although I have a good relationship with some important officials in the Hong Kong government, Hutchison Whampoa's influence is there. Once Hutchison Whampoa invests in the mainland, there will be huge consequences in both countries. Before the end of the ownership of Hong Kong, the influence is too great. Even if the Hong Kong government does not want to target Hutchison Whampoa, Downing Street will let the Hong Kong government do so, and Hutchison Whampoa cannot handle it."
"So, although I don't know why President Li wants Hutchison Whampoa to invest in the mainland, it is absolutely impossible for Hutchison Whampoa to do that at the moment."
Lin Bai honestly told the truth that he didn't think that just because he helped MacLehose and others make money, he could do whatever he wanted in Hong Kong. On such a big issue as the ownership of Xiangjiang, he can only be said to be a small figure. He can express his position or take sides to a certain extent, but he cannot imitate Huo Yingdong. If he does not take the British side seriously, then he will only be the unlucky one.
"well!"
Li Fuquan couldn't help but sigh after hearing this, but he wasn't too disappointed. This was actually expected, but they were a little unwilling to do so, so they tried to ask.
Upon seeing this, Lin Baicheng couldn't help but ask: "President Li, can you tell me why you suddenly want Hutchison Whampoa to invest in the mainland?"
"This...but there's nothing that can't be said."
Li Fuquan only hesitated for a moment and then said: "Hutchison Whampoa has made hundreds of millions of dollars in profit this time, and the country is in great need of foreign exchange to purchase advanced technology from Western countries, so I want to ask if Hutchison Whampoa can invest in the mainland. "
"So this is ah!"
Lin Baicheng suddenly realized that he knew that the country was indeed very short of foreign exchange during this period, even ten years later. Unlike when he was reborn, domestic foreign exchange was measured in trillions.
"President Li, there should be some businessmen in Xiangjiang investing in China, right?"
"This is all thanks to the support of Mr. Lin, Mr. Huo and others. There are indeed some people investing in China. Although there are not many, it is a good start."
Lin Baicheng and Huo Yingdong's platforms for the Mainland Investment Promotion Bureau have indeed attracted some small businessmen to invest, but more people are still waiting to see whether these people can make money and whether the mainland's policies will change.
Lin Baicheng said: "President Li, these people should have brought a lot of foreign exchange with them from their past investments, right?"
Li Fuquan shook his head and said: "Those investment funds are all Hong Kong dollars, and there are restrictions on the exchange of Hong Kong dollars and US dollars. You can't exchange as much as you want."
"I forgot about that."
Lin Baicheng has a lot of cooperation with HSBC. When he wanted to convert Hong Kong dollars into US dollars, he always asked HSBC for help. In addition, there were only a few times in total, so he did not feel the problem of currency exchange.
"I may not be able to help with anything else. If it's a currency exchange problem, I do have some U.S. dollars in my overseas account, which can be exchanged with China at the current exchange rate."
Li Fuquan was overjoyed when he heard this, and then asked: "Mr. Lin, will this cause trouble to your business? I know that your overseas business must also need US dollars."
"No problem, as long as the number isn't too big."
Lin Baicheng smiled and waved. Not to mention that he now has hundreds of millions of dollars in cash. He has many companies in the United States. Most of the money earned by these companies is US dollars, which can be exchanged.
"Mr. Lin, I can't confirm the exact amount of the exchange here. I would like to ask, is it okay to exchange two to three hundred million US dollars? If not, one hundred million or tens of millions will do."
Of course Li Fuquan hoped that the more the better. He knew that there were a lot of Hong Kong dollars in domestic foreign exchange, but he also had to consider Lin Baicheng's affordability.
"Mr. Lin, you can exchange as much as you can. There is no need to force it. You are already helping. We can't make it difficult for you."
"There's nothing to be embarrassed about. If I can't do it, I won't show off for the sake of face."
Lin Baicheng smiled and shook his head: "Two to three billion US dollars is no problem, but the exchange must be placed abroad, and we need to keep this secret. President Li, you should also understand that if this matter gets out, it will still have a negative impact on my business." Very influential.”
"Mr. Lin, please rest assured. Except for some high-level officials, not many people will know about this matter. It will cause trouble to you, Mr. Lin."
Li Fuquan immediately and solemnly assured that people like Lin Baicheng who had done their best to help the country could cause trouble to Lin Baicheng before they could protect him.
"If President Li says so, I'll feel relieved."
Lin Baicheng breathed a sigh of relief. In fact, he was not too worried about the impact on him after this incident was exposed, because he could have refused to admit it unless the domestic officials sold him out openly, but this kind of thing was simply impossible to happen.
Lin Baicheng acted like it was difficult to handle, just to let Li Fuquan know how difficult this matter was and how much he, Lin Baicheng, had sacrificed.
Lin Baicheng is patriotic, but he is a businessman after all, and he is not prepared to do good deeds without leaving his name behind. Patriotism does not affect him in making money.
Li Fuquan said solemnly: "Mr. Lin, we will always keep your help to the country in mind, and we will always repay you. When you are in need, we will also help you."
Lin Baicheng said immediately: "President Li, you're welcome, I didn't do those things just to ask for something in return."
Li Fuquan said: "Mr. Lin, we know your intentions, but we cannot allow patriots to get nothing in return, but instead provide benefits to those who are not firm in their stance. This does not make sense, don't you think?"
"That's true, but it's not unreasonable."
To be honest, Lin Baicheng strongly agrees with this. It is unreasonable to give benefits to people who are not firm in their stance, but there is no benefit at all to our own people.
"exactly."
Li Fuquan continued: "Besides, we can't actually give you real money and silver benefits, Mr. Lin. We can only commend Mr. Lin and you patriots with honors."
"This is already my honor. How dare I ask for too much?"
Lin Baicheng immediately said that he knew very well that if he could receive a medal of honor from the top domestic officials, as long as he did not break the law or discipline, he would not be hindered or embarrassed in doing business in the country, which meant he would be exempted from death.
For Lin Baicheng, the honorary reward is enough, even if I give him 10 billion, he won't change it.
Seeing Lin Baicheng's statement, Li Fuquan was very satisfied. It would be better if he was not the kind of greedy person.
The country needs the support of patriotic people like Lin Baicheng, and some honorary awards are definitely indispensable, even if they are done to outsiders, not to mention that this kind of thing should be commended in the first place.
Lin Baicheng and Li Fuquan chatted for a while, and then Li Fuquan said goodbye and left.
Li Fuquan's interview with Lin Baicheng today was not without gain. Li Fuquan's verbal promise was his biggest gain, and this was enough.
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