Reborn as a tycoon in Hong Kong

Chapter 571 The target of British capital--Hong Kong Electric (two-in-one)

"Teach him a lesson?"

After listening to Shen Porridge's words, Shi Yadi Shi Huaiya couldn't help but frown slightly: "With his current assets, it is meaningless to teach him a lesson. On the contrary, it will easily expose the fact that we unite to deal with him."

"I think it's okay."

Henry Caesar thought for a while and said: "One thing must be admitted. Lin Baicheng's strength is indeed not weak. Even if we join forces to deal with him, it will be difficult to defeat him at once. Therefore, we can deal with one of his first Enterprises should just treat it as a preview.”

"This time we will try our best to defeat the selected target. Otherwise, if we cannot even defeat one of Lin Baicheng's companies, let alone completely defeat him."

After listening to Henry Kaiser's words, several people couldn't help but nod in agreement. This is indeed the truth.

Michael Kadoorie spoke up: "What Cesar said is not unreasonable, I agree."

John Ma did not object: "This is good, it can teach Lin Baicheng a lesson."

"Chairman Shi Yadi, what do you mean?"

When Shen Zhou saw this, he looked at Shi Yadi Shihuaiya. Several people present had different opinions on him.

"Since everyone thinks it is more appropriate to teach Lin Baicheng a lesson, let's do this. Let's choose one of the industries under Lin Baicheng's name and work together to attack that company and let Lin Baicheng know how powerful we are."

Seeing that everyone's opinions are unanimous, Shi Yadi Shihuaiya can no longer object. His own opinion is definitely not as important as everyone's opinions.

"Since everyone has no objections, let's make this decision."

Shen Porridge said to several people: "Only dealing with one company under Lin Baicheng's name, I can still make the decision. Now let's talk about which company to choose."

Shi Yadi Shihuaiya said: "The targets selected are at least businesses that one of our several companies is involved in, such as media, games, toys, cement, and electrical appliances, which we are not involved in. Businesses that we do not operate are hit. It won’t do us any good, and it’s not easy to attack businesses that are not involved, so we need a competing company to deal with it.”

"good."

Henry Kaiser nodded in agreement, and then said: "I would like to add that Ocean Import and Export Trading Company is a joint venture between Lin Baicheng and others, and even involves capital from the United States and Japan, so we can put it first On the other hand, choose other companies.”

No one objected to this. They had to deal with Lin Baicheng, not anyone else.

"Galaxy Financial's business has nothing to do with us, and Galaxy Bank and Galaxy Insurance have just been established. It is meaningless to deal with them now, and there is no way to start, so I think they can be ruled out."

John Madan glanced at Shen Chou when he said this. After all, for HSBC, the one they most wanted to get rid of was Lin Baicheng's Galaxy Financial Group. Without the bank, Lin Baicheng's other companies not only have no influence on HSBC, but can also achieve more cooperation with HSBC.

Shen Zhou really wanted to deal with Lin Baicheng's Galaxy Financial Group, but he knew that what John Ma was saying was reasonable and the other three would agree, so he did not object.

Michael Kadoorie said: "Hutchison Whampoa's current market value is more than 30 billion Hong Kong dollars. It is not easy to deal with it. I think it is better to give up."

"You also know that HSBC has now taken over the business of Hutchison Whampoa's additional stock issuance. Before this business is completed, HSBC will absolutely not be able to deal with Hutchison Whampoa. While continuing Hutchison Whampoa's business, it is dealing with Hutchison Whampoa. This has a great impact on HSBC's reputation and the board of directors will definitely not agree."

Shen Chow immediately spoke out. It was a pity that Hutchison Whampoa could not earn more than 100 million Hong Kong dollars in handling fees from this business, but HSBC could afford it, but HSBC's reputation must not be affected. In that case, HSBC would suffer too much loss. Big.

"In this case, only Hong Kong Electric Group is more suitable?"

Shi Yadi Shihuaiya said that if many companies exclude this and that, the remaining options will be limited, and it can even be said that there is no choice.

"HK Electric Group is more suitable."

Shen Cong said to several people: "After Lin Baicheng took over, the stock price of this company has risen a lot. Now the market value is about 7 billion Hong Kong dollars, and the market value of Lin Baicheng's shares is about 2.7 billion Hong Kong dollars. If we can attack Hong Kong Electric Group, then Lin Baicheng’s interests will definitely suffer a lot, and a slight drop in the stock price can cost hundreds of millions of Hong Kong dollars.”

"Is it possible for us to seize control of Hong Kong Electric Group?"

Michael Kadoorie's enthusiasm immediately increased when he heard that he was going to deal with the Hong Kong Electric Group. If the Hong Kong Electric Group had an accident or collapsed, it would be of great benefit to the Kadoorie family's China Electric Power Company.

Shen Chou recalled: "I remember Lin Baicheng's shareholding in Hong Kong Electric Group was 38.93%. If he had not reduced or increased his holdings later, it would have been this ratio."

"If we hold less than 40% of the shares, with the strength of several of us, we may make a sudden attack and acquire the shares of HK Electric Group from large and small shareholders, and maybe we can really take control of HK Electric Group."

Schwarzenegger couldn't help but say that although the elimination of Hong Kong Electric Group would not directly benefit the Swire family and the Swire Group, the loss of Lin Baicheng's strength would be a good thing for the Swire family. Moreover, if something happens to Hong Kong Electric Group, Lin Baicheng may not have the energy to establish an airline.

Henry Kaesik said: "Nearly 40% of the shares are held, which is quite a lot to be honest. We must do a good job of concealment when we secretly acquire the shares of Hong Kong Electric Group. Otherwise, once the news is leaked, not to mention Lin Baicheng will increase his shareholding. If those shareholders increase the selling price, we will lose a lot."

"Are you sure you want to choose HK Electric Group?"

John Ma asked aloud. Now he must decide which company to deal with instead of thinking about how to deal with Hong Kong Electric Group.

Shen Chow made a condition: "To deal with Hong Kong Electric Group, HSBC can help contact shareholders who hold shares and provide money, but HSBC cannot stand on the bright side."

Shi Yadi Shi Huaiya said with some dissatisfaction: "HSBC wants to pretend to be a good person again and continue to cooperate with Lin Baicheng to make money from Lin Baicheng, right?"

"After all, HSBC is different from us. Before we decide to deal with Lin Baicheng comprehensively, there is really no need for HSBC to be exposed."

Michael Kadoorie spoke out for HSBC, mainly because what we had to deal with was the Hong Kong Electric Group, and the Kadoorie family would benefit the most. He hoped that the merger could be negotiated.

"HSBC doesn't have to take a stand, but accordingly, HSBC needs to pay a certain price."

John Mabo knew that since no one was determined to deal with Lin Baicheng comprehensively, it would be impossible for HSBC to deal with Lin Baicheng openly, so he could use this to gain benefits for them.

Henry Kaiser also said: "Mr. Ma Chang is right. HSBC cannot take advantage of everything. It is okay not to stand on the bright side, but there is a corresponding price to pay."

"Can!"

After thinking about it for a while, Shen Porridge nodded and agreed. He said: "No matter what we do, we will definitely need a lot of funds. HSBC can give you a loan with a discount on the interest. When the benefits are distributed later, you can also get a smaller share. "

"In that case, there is no problem."

Shi Yadi Shihuaiya heard this and said nothing immediately. If he wanted to cooperate, he would not force HSBC too much.

After that, the five people discussed again, and it took a while before they came to a conclusion.

First, the five people decided to try to see if they could take control of the Hong Kong Electric Group. It would be best if they could do this. By gaining control of the Hong Kong Electric Group, they could squeeze Lin Baicheng's interests and weaken Lin Baicheng's strength.

Secretly acquire the shares of Hong Kong Electric Group and conduct a surprise attack, trying to hold a higher share of Hong Kong Electric Group than Lin Baicheng before Lin Baicheng reacts, and gain control.

Even if the news is leaked and the fight for control fails, they will definitely hold a certain amount of shares. When the time comes, they will enter the board of directors of Hong Kong Electric Group, win over the company's management, win over other shareholders, and find ways to fight for control of the company. Cause trouble for Lin Baicheng in terms of development.

Not counting HSBC, four people, Schwarzwald, Henry Kasik, Michael Kadoorie and John Madden, jointly funded a company to secretly acquire shares in the Hong Kong Electric Group.

The reason why HSBC didn't have a share was because HSBC didn't want to stand on the bright side, so it couldn't participate in one share. Otherwise, Lin Baicheng would be able to find out at once that HSBC also had a share.

Since HSBC doesn't want to stand on the bright side, its interests will naturally have to give in.

This time, Swire, Henry Caesar, Michael Kadoorie and John Madden will establish a joint venture in the names of their respective families, rather than in the names of Swire Group, Jardine Matheson and Wheelock. A company cannot hide in its name.

Once the board of directors convenes, the risk of exposure increases significantly.

HSBC lent a total of HK$3 billion to the joint venture of the four major families. However, this was a short-term, low-interest loan, lasting only one year. After one year, the four major families would either repay the loan, or HSBC would return the interest to normal levels.

However, HSBC's efforts are not without rewards. Once they gain control of HK Electric Group, all future capital transactions of HK Electric Group will be placed in HSBC. Whether it is employee salary payment, loan demand, or people's electricity bill payment, etc.

In this way, if they can really take control of the Hong Kong Electric Group, HSBC will not only suffer no losses, but will also be able to make huge profits. The benefits brought by long-term turnover will be enough for HSBC.

Because it was related to the Hong Kong Electric Group, Michael Kadoorie was responsible for lending more funds, and at the same time made certain concessions in the distribution of benefits. In the final analysis, if something happens to Hong Kong Electric Group, CLP Power will benefit the most, and the Kadoorie family will make a lot of money here.

Therefore, Michael Kadoorie had to make concessions.

Everyone has the sincerity to cooperate, so when there is a need to make concessions in the distribution of benefits, they must make concessions without any fuss.

After what was needed to be discussed, Shi Yadi Shi Huaiya spoke up and said: "After the company is established, everyone will take action immediately. Remember to keep it confidential and keep it secret for as long as possible. It is best not to have the news exposed just after we take action. It’s not good for anyone to go out and do this.”

Henry Kaesik immediately said: "Don't worry, it's in everyone's interest, and we will keep it confidential."

Michael Kadoorie and John Madan both nodded in agreement.

"This time, we must teach Lin Baicheng a lesson and let him know how powerful our British talent is!"

Shi Yadi Shihuai said happily that he believed that once something happened to Hong Kong Electric Group, Lin Baicheng would definitely not have the energy and time to establish an airline. In this way, Cathay Pacific would not have to worry about having another competitor, and his goal would be indirectly achieved.

"This will be a start!"

Henry Kaiser couldn't help but start to imagine that if they could get control of the Hong Kong Electric Group this time, then they could attack Lin Baicheng from other places next time and continue to weaken Lin Baicheng's strength until they could fully deal with Lin Baicheng.

"If I can really hit Lin Baicheng, then I might be able to use their power."

John Ma Sheng secretly thought in his heart, but he was thinking of using the strength of several major families to deal with Zhang Yuliang in the future and drive Zhang Yuliang out of Wheelock.

"It's best to destroy the Hong Kong Electric Group to a pulp, so that opportunities will come for China Power. If we can merge and acquire the Hong Kong Electric Group, it would be even more perfect."

The Hong Kong Electric Group has a market capitalization of several billion Hong Kong dollars. If the Hong Kong Electric Group collapses and only one power generation company like China Electric Power remains in Hong Kong, then China Electric Power will definitely be able to expand rapidly and develop its market capitalization to tens of billions of Hong Kong dollars within a few years. impossible.

"This is indeed a rare opportunity to restrict Lin Baicheng, but HSBC must be careful not to expose it, otherwise the losses will be considerable."

Shen Zong wanted to limit Lin Baicheng's development speed, but he also didn't want Lin Baicheng to know that HSBC was dealing with him and lose him as a big customer.

After chatting for a while, the five people left with different thoughts.

At this moment, Lin Baicheng, because today is the weekend, rarely has time to play with Zhong Chuhong, he never thought that the four most powerful British-owned families in Hong Kong and HSBC would join forces to deal with him.

However, if Lin Baicheng knew that the enemy's target was Hong Kong Electric Group, he would not be too worried.

When Lin Baicheng acquired HK Electric Group, he held 38.93% of the shares of HK Electric Group. Then in June this year, he spent HK$300 million to increase his shares in HK Electric Group. At that time, the share price of HK Electric Group was still It was not as high as it is now. He increased his holdings to over 60 million shares at an average price of nearly HK$5.

Hong Kong Electric Group has a total share capital of 1.31 billion shares, and approximately 60 million shares are equivalent to 4.58% of the total share capital. In other words, Lin Baicheng's current shareholding in Hong Kong Electric Group is as high as about 43.52%, which is only about 6% short of the absolute holding of 49.99%.

With less than 56.5% of the shares remaining on the market, it would be very difficult to acquire 49.99% of the shares without giving Lin Baicheng any chance.

Not to mention acquiring 49.99%, even if it is only about 45%, it is not easy. It is equivalent to acquiring 80% of the stocks on the market.

Of course, HSBC united with the four major British-owned families, so they didn't have no hope at all, otherwise they wouldn't have made such a plan, but it was just a little difficult.

But Lin Baicheng, who still didn't know the situation, was having fun with Zhong Chuhong, not knowing that there was a conspiracy waiting for him to deal with.