Reborn as a tycoon in Hong Kong
Chapter 572 Hutchison Whampoa’s overseas expansion route (two-in-one)
As time came to the end of November, HSBC completed the additional share issuance of Hutchison Whampoa.
Hutchison Whampoa issued an additional 40 million shares at a price of HK$75 per share, obtaining HK$3 billion in funds, but it had to pay HSBC a 3.75% handling fee, so only HK$2.8875 billion ended up in Hutchison Whampoa's account.
Today, Hutchison Whampoa's total number of shares has reached 440 million shares, and Lin Baicheng holds 196 million shares, accounting for more than 44.545% of the total share capital.
Lin Baicheng's shareholding has been diluted a lot, but Hutchison Whampoa has accounted for nearly 3 billion Hong Kong dollars, and the company's market value has increased. Therefore, the market value of Lin Baicheng's shares has basically not changed.
Because he was prepared to wait for Hutchison Whampoa's stock price to rise a little higher before reducing his holdings, Lin Baicheng did not increase his holdings just because the shares were diluted. Instead, he would wait for the stock price to rise a little higher before reducing his holdings.
"Lin Sheng, happy cooperation!" "Happy cooperation!"
Hutchison Whampoa, HSBC came to hand over to Hutchison Whampoa, and Shen Zhou came in person.
The two of them were holding hands and seemed to be cooperating happily. Shen Porridge could not tell that he had secretly united with the four major British families to deal with Lin Baicheng.
Lin Baicheng has not thought that much, but in his plan, he will continue to cooperate with HSBC in the past few years. When Galaxy Bank becomes stronger, it will basically stop cooperating with HSBC. In the future, all the industries under his name will be transferred to HSBC. Cooperate with Galaxy Bank.
In the end, everyone was just using each other, so Shen Zhou, who was planning to stab Lin Baicheng in the back, didn't feel guilty or hesitated.
Shen Zhou asked tentatively: "Sheng Lin, Hutchison Whampoa now has nearly 2.9 billion Hong Kong dollars in extra cash. How does your company plan to use this funds?"
"I plan to use these funds in Hutchison Whampoa's existing business to expand its business scale and make the company stronger."
Lin Baicheng didn't get too specific, but he already had a general direction, which was the real estate and retail industries. Watsons in the retail industry will receive a large amount of funds to expand to Europe and the United States in order to gain a foothold before Carrefour and Wal-Mart are everywhere and make money from abroad.
As for the real estate industry, there will be no major expansion in Xiangjiang for the time being, because in about two years, China and Britain will start negotiations on the ownership of Xiangjiang. At that time, the real estate industry will face a major blow. If we continue to expand aggressively now, we are afraid that something will happen before Can't run.
Therefore, instead of aggressively expanding now, it is better to wait for the local industry to collapse and buy the bottom.
The expansion direction of the real estate industry is abroad, especially Japan and the United States. If you do real estate in these two countries, you will definitely not lose money in the long run. It is just a matter of making more or less.
In fact, Lin Baicheng originally thought about letting Hutchison Whampoa enter the automobile industry. He would acquire an automobile brand and technology from abroad and carry out automobile manufacturing. This industry will definitely make great achievements in the future.
The reason why Lin Baicheng gave up this idea was because he thought that he would reduce his holdings in Hutchison Whampoa later. He could not guarantee that nothing would happen before he increased his holdings. If he lost control of the company, his losses would be It's great.
More importantly, even if Lin Baicheng increases his stake to 49.99%, the maximum number of shares he holds is this. It is really inappropriate to put the important automobile industry in such a company.
Therefore, Lin Baicheng decided to wait until he had money, use the money to acquire car brands and technologies, build cars himself, and then put all the profits into his own pocket. Of course, the company will definitely go public in the future, but he will not lose anything when it goes public, but will make a lot of money.
Shen Porridge did not ask for more specific information, but said with a smile: "Nearly 2.9 billion Hong Kong dollars. With the injection of so much capital, I believe that Hutchison Whampoa's various businesses will definitely usher in rapid development. Here, I can just I want to congratulate you first, Lin Sheng."
"Good luck to you, Chief Chengshen."
Lin Baicheng smiled and nodded. He invested more than 20 billion Hong Kong dollars in capital. If the development of the corresponding company did not expand, then he would be held accountable.
After Shen Zhou chatted with Lin Baicheng for a few words, he said goodbye and left with others.
After a brief farewell, Lin Baicheng went back to the office. After another twenty minutes, he went to the conference room to hold a board meeting. The board of directors made the decision after learning that HSBC completed the additional stock issuance, so the directors all came to the company today.
At the board meeting, Lin Baicheng announced the direction of use of Hutchison Whampoa's funds.
At the board meeting, Lin Baicheng proposed that Peter Wei and Xia Boyin go to Japan and the United States to set up branches respectively to be responsible for the expansion of real estate business in the two places.
Peter Wei had been appointed as the person in charge of the real estate business in Japan before. However, because the preliminary work was done by subordinates, he has not yet gone to Japan. Now that he learned that the company has expanded its investment scale, he felt happy. .
If the company's investment is not large, Peter Wei will always feel a bit assigned when he goes to work in Japan as the vice president. But if the company invests a lot, he will no longer be assigned as the person in charge, but will be reused, so he no longer rejects it in his heart.
Because of the precedent of Wei Peter, Xia Boyin, who was sent to the United States to be responsible for the real estate business, felt better. In addition, the company's investment was not small, so he accepted it calmly.
With Peter Wei and Xia Boyin leaving, Lin Baicheng planned to promote two Chinese executives to serve as vice presidents of the company. But this matter is not urgent. After all, the two of them have not left yet. It will not be too late to promote people after they leave and cannot handle these affairs.
Moreover, Lin Baicheng will also find ways to increase Hutchison Whampoa's board seats and allow the two promoted Chinese executives to join the board of directors. In this way, Lin Baicheng's control over Hutchison Whampoa will be strengthened.
If Wei Li is transferred and Cheng Yufeng is promoted in the future, then Lin Baicheng's control over Hutchison Whampoa will be solid. As long as his shareholding does not fall below a certain level, no one will be able to take control of Hutchison Whampoa from him. snatch away.
After the board meeting, Lin Baicheng called Cheng Yufeng to his office.
Lin Baicheng said: "Yufeng, regarding the expansion of Watsons, you must do a good job in related work. Not only must the number of supermarkets be increased and set up in various places, but also the supermarkets must make money. No matter how many supermarkets lose money, it will be useless. .”
"Don't worry, Mr. Lin, I will lead people to do the relevant work."
Cheng Yufeng nodded solemnly to express his understanding.
Looking at Cheng Yufeng, Lin Baicheng said clearly: "In another year or two at most, I will transfer Wei Li away, and you have to make achievements before then. Making Watsons a good job is your achievement. Only in this way Only then can I promote you and let you be Hutchison Whampoa's top class. Otherwise, if you don't have grades or your grades are not good enough, then I definitely can't be nepotistic. Do you understand what I mean?"
The two of them are not relatives now, but in a year or two, Cheng Yufeng and Lin Shufang will be married long ago, and they will naturally become relatives.
Cheng Yufeng nodded: "Mr. Lin, I understand what you mean. Thank you for your attention. I will not let you down."
"In whichever country we expand, it is best to recruit employees from that country. Remember to build a good relationship with the local area. If there are powerful local people who want to buy shares, the branch can give up a certain amount of shares in exchange for the company's stability in the local area. develop."
Every time Watsons goes to a country, it will set up a branch. The branch will initially be 100% controlled by the Xiangjiang Corporation. Lin Baicheng does not mind giving up part of the controlling rights of the branch. If necessary, he can even let the branch be listed in that country.
When making money on other people's territory abroad, you must know how to share it, and treat it as spending money to buy safety. Otherwise, the relevant departments will come to check every day, and there will be no need to do business at all.
"That's what our branch in the United States does."
Cheng Yufeng explained aloud that he was very clear about this.
"As long as you understand, I won't say more."
Lin Baicheng nodded and said nothing more, then named two more names, and then said: "I plan to wait for Wei Peter and Xia Boyin to leave Xiangjiang, and then look for opportunities to promote them and make them vice presidents of the company to succeed Wei Peter and Xia Boyin. work, so remember to keep in touch with them.”
"I know, I will deal with the relationship with them."
Cheng Yufeng nodded, but in his mind he wanted to achieve results and not let these two people surpass him, otherwise Lin Baicheng might help one of the two people to be promoted to the top class position.
Lin Baicheng said: "If there is nothing else, go and do your work."
"Then I'll go to work first."
Cheng Yufeng stood up to say goodbye and walked out of the office.
Not long after Cheng Yufeng left, the secretary reported that Guo Henian was waiting outside, and Lin Baicheng immediately went out to pick Guo Henian in.
Guo Henian came over to ask Lin Baicheng about one thing, that is, whether what he promised him at the beginning still counts. When his sugar, cooking oil and other products are sold in Watsons, if there are no problems with price and quality, similar products will be given the best position and will be included in events.
The reason why Guo Henian asked Lin Baicheng this is because at the beginning, Watsons was just hanging around in Xiangjiang and had nothing to do abroad. Now that Watsons will invest a lot of money to expand overseas, Guo Henian is a little worried that the situation will change.
After hearing this, Lin Baicheng smiled and said: "Don't worry, Guo Sheng, I won't go back on my promise to you. Let's not mention that you are the director of the company. Just because of our personal relationship, there is no reason for me to go back on it, don't you think?"
"That's what you said, Lin Sheng."
Guo Henian was very happy after hearing this. If Watsons can gain a foothold overseas, his company will benefit a lot.
Lin Baicheng reminded: "Guo Sheng, your products can be sold in all Watsons supermarkets, but I still say that the quality must be good, the price cannot be much higher than similar products, and it must be highly recommended by Watsons." It has a high sales volume and is popular with customers. If customers just don’t like your company’s products, Guo Sheng, then it will be useless no matter how much Watsons recommends them, and the important recommendation position must not be wasted.”
"I understand what you mean, Lin Sheng. These are all things that should be done."
Guo Henian did not ask for more. After all, Hutchison Whampoa was not under his control. The conditions offered by Lin Baicheng were not to make things difficult for others.
"Guo Sheng, as long as you understand."
Lin Baicheng nodded. It would be better if his good intentions were not treated as a fool.
Guo Henian asked: "Lin Sheng, are you investing too much in overseas real estate? Why not invest in local real estate in Xiangjiang?"
Lin Baicheng explained: "Hutchison Whampoa has been investing in the Xiangjiang real estate industry, and now we are investing another one to two billion Hong Kong dollars. I am worried that investing too much will cause a waste of resources, which is not conducive to the development of the company. It is better to use it to expand overseas business."
"I'm very relieved that Lin Sheng is in charge of Hutchison. Since Lin Sheng has plans, I won't ask any more questions."
Guo Henian stopped asking any more questions, so as not to affect the personal relationship between the two. After all, Lin Baicheng held about 45% of Hutchison Whampoa's shares. No one could threaten Lin Baicheng's control of the company. It was meaningless for him to say too much.
Lin Baicheng said politely: "If I do something wrong, Guo Sheng, as the major shareholder, you have to remind me that good development of the company will benefit everyone."
"Definitely, but Lin Sheng, you have done a good job so far, I have nothing to remind you."
Guo Henian also said politely. Thinking from his perspective, he definitely didn't want others to criticize his business. What's more, Lin Baicheng was still a young man. It was when he was young and energetic that he would not be unhappy unless Lin Baicheng's decision-making was really real. When a major mistake was made, he had to speak out for his own benefit.
After the two chatted for a while, Guo Henian said goodbye and left, while Lin Baicheng worked in the office.
Hutchison Whampoa received nearly HK$2.9 billion in cash from the additional stock issuance. Shen Zhou informed the four partners about this and asked them to be careful not to leak it when secretly acquiring shares of Hong Kong Electric Group.
If the news leaks, Lin Baicheng doesn't have to worry about funds at all and can just go to Hutchison Whampoa to borrow money. With Lin Baicheng's shareholding in Hutchison Whampoa, it is not difficult to achieve this at all.
Furthermore, if that is not possible, Hutchison Whampoa can be asked to buy shares of HK Electric Group and then transfer the exercise rights of the shares to Lin Baicheng. Lin Baicheng can also control HK Electric Group through this method.
In order to gain control of the Hong Kong Electric Group, Shi Yadi, Shi Huaiya and others could only do something covert and acquire more than 40% of the shares of the Hong Kong Electric Group before Lin Baicheng could react. Otherwise, they would only be able to cause trouble for Lin Baicheng. choose.
The four of them, Shi Yadi Shihuaiya, have jointly established a company, and they have begun to secretly contact the shareholders of Hong Kong Electric Group. No one dares to offend the Schweizer family, the Caesars family, the Ma Chang family, the Kadoorie family, and HSBC.
Therefore, although Shi Yadi Shihuai Ya and others began to contact the shareholders of Hong Kong Electric Group, these shareholders did not leak the news or notify Lin Baicheng, so Lin Baicheng is still kept in the dark.
HSBC and the four major British-owned families are not something that anyone dares to offend, not even the Chinese ones. Therefore, shareholders holding HK Electric Group would rather sell their shares and get out of the vortex than offend HSBC and the four major British-owned families. Great British family.
Of course, no one wants to sell their shares at a low price, so there are still discussions on the price, and the share transaction is not completed so quickly.
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