Reborn as a Hong Kong Tycoon

Chapter 317
On the morning of November 11th, Yingni Company, Qizhou, meeting room.

"Lin Sheng, happy cooperation!" "Li Sheng, happy cooperation!"

Lin Baicheng and Li Jiacheng each signed several contracts and completed the transaction.

Lin Baicheng sold 80% of the 13.2-square-foot plot held by Qizhou Yingni Company in Hung Hom to Cangjiang Industrial Company at the market price, while Li Jiacheng sold 3% of his shares at a price of Hong Kong dollars per share to Cangjiang Industrial Company. Lin Baicheng.

The plot of Yingzhou Yingni Company in Hung Hom is still related to Hutchison Whampoa. In 1898, the company moved its headquarters to Hung Hom in Hong Kong and cooperated with Whampoa Dockyard, one of the predecessors of Hutchison Whampoa. Reclaimed the sea, and then built the headquarters and a larger cement factory, employing more than 3000 people at that time.

However, after 1960, due to the large amount of dust pollution emitted by cement production, which had a great impact on the surrounding environment, Qizhou Yingni Company demolished part of the factory buildings and rebuilt them into three buildings in Qingbao, Qingdao and Qingzhou.

The 80-square-foot area of ​​Qizhou Yingni Company refers to the occupied land including the headquarters, three buildings and existing factories, not so much undeveloped land. If this is the case, the stock price of Qizhou Yingni Company It is more than one billion Hong Kong dollars.

You must know that although the land in Hung Hom held by Qizhou Yingni Company belongs to industrial land, the price of industrial land is cheap, but when Lin Baicheng bought industrial land in Kwun Tong, it cost more than 60 Hong Kong dollars per square foot. s price.

The market price of industrial land in Hung Hom is 80 Hong Kong dollars per square foot, and 80 square feet is 6400 million Hong Kong dollars.If the headquarters, the factory and the land of the three buildings were counted separately, then the stock price of Qizhou Yingni would more than double.

Now only 50 square feet of undeveloped land is left for Qizhou Yingni Company. The headquarters, factory and three buildings take up 30 square feet of land, more than 2 square meters.However, the development value of the land of more than 2 square meters is extremely low. The headquarters uses it for itself, the factory is used to produce cement, and the three buildings are basically used by employees. The fees are relatively low, and it does not generate much profit.

This time, Lin Baicheng sold 50 square feet of the undeveloped 24 square foot plot to Cangjiang Industrial for HK$1920 million.Li Jiacheng's 13.2% shares are 660 million shares, priced at 3 Hong Kong dollars per share, and sold at 1980 million Hong Kong dollars, which means that Li Jiacheng only received 60 Hong Kong dollars.

Lin Baicheng is different. He wants to spend 1980 million Hong Kong dollars to acquire Li Jiacheng's shares. As for Li Jiacheng's land purchase money, it belongs to Qizhou Yingni Company. Only after Qizhou Yingni Company is completely acquired by Lin Baicheng and delisted, This money belongs to Lin Baicheng.Now it can only be said that as much as Lin Baicheng holds shares, as much of the money is Lin Baicheng's.

Lin Baicheng originally held 75.3% of the shares, and acquired 13.2% of Li Jiacheng's shares, plus about 7.5% of the shares acquired from the stock market after the full acquisition. Now his shareholding in Qizhou Yingni Company has reached about 96%.

As long as the remaining 4% is acquired, Lin Baicheng has completed 100% holding of Qizhou Yingni Company.Even if it is not possible to acquire all of them, by this Friday, Lin Baicheng will stop the acquisition and delist the Qizhou Yingni Company, not short of the remaining shares.

After the transaction was completed, Li Jiacheng was very happy. He said: "Lin Sheng, regarding the development of these lands, I hope that our two companies can discuss the plans together. After all, our lands are connected together, and joint development is not possible As for the impact, it’s all in our favor.”

Lin Baicheng nodded: "In principle, I have no problem, but the land in Yingni, Qizhou, will not be developed in the short term, maybe it will take a few years."

Li Jiacheng also said after hearing the words: "The conversion of these industrial lands into commercial lands has to pay the difference to the Hong Kong government. We can wait until the land prices get cheaper and then make up the difference. It will be more profitable to develop it at that time."

"I knew this chicken thief would do this!"

Lin Baicheng couldn't help but secretly thought in his heart, he thought the same way, and he was inspired by what Li Jiacheng did in his previous life, because Li Jiacheng did this in his previous life, and now Li Jiacheng is doing the same thing, he wants to cheat Li Jiacheng No chance, the other party didn't think about cheating him, it's not bad.

"For the specific development, let's discuss it after we prepare to make up the difference and change the nature of the land."

"Then we'll talk then."

Li Jiacheng nodded and did not object when he heard the words. It is indeed too early to talk about this now.

Just when Lin Baicheng thought that the two of them were talking about this, and Li Jiacheng was about to leave, Li Jiacheng suddenly said: "Lin Sheng, I heard that Standard Chartered, who was talking with Huang about the fixed increase, rejected the fixed increase?"

"Li Sheng's news is really well-informed. There is indeed such a thing."

Lin Baicheng looked at Li Jiacheng with deep meaning, Li Jiacheng really cared about his company.

"Personally, I am quite optimistic about Hutchison Whampoa. If Lin Sheng is willing to give a discount to the existing stock price, I am very happy to contribute capital to accept Hutchison's fixed increase."

The reason why Li Jiacheng said this was because he wanted to buy the bottom.Before Hutchison was acquired by Lin Baicheng, the market value of less than 30 billion Hong Kong dollars was underestimated in his opinion. 60 billion Hong Kong dollars was the normal market value of Hutchison in his mind. With a profit of 80 million Hong Kong dollars, plus a large amount of real estate development, the normal valuation of Hutchison in his mind is above billion Hong Kong dollars.

As long as the stock price of Hutchison Whampoa is lower than 25 Hong Kong dollars, in Li Jiacheng's view, it is not overvalued, and it is within the normal stock price range, so he is willing to spend money to buy the bottom.However, since it is a bargain, the lower the price, the better, so he wanted to ask Lin Baicheng for a lower fixed increase price.

"If Hutchison Whampoa had a fixed increase, the fixed increase price would only be above 30 Hong Kong dollars, so now there will be no fixed increase."

Lin Baicheng shook his head immediately after hearing this. Although he didn't know the specific thoughts in Li Jiacheng's heart, he immediately thought that Li Jiacheng was going to buy the bottom, because he himself didn't think that the current stock price of Hutchison Whampoa was overvalued, let alone give Li Jiacheng Jiacheng has a lower fixed increase price.

If a fixed increase plan with a lower price is really given, why should it be given to Li Jiacheng? It is better for him to spend his own money to eat it. If he wants to pick up the cheap, he will pick up the cheap.

Li Jiacheng was a little disappointed when he heard the words. He reminded: "Lin Sheng, you should know that there are funds shorting Hutchison Whampoa."

"I have already asked my friends in the United States to place a tray after the stock price fell below 25 Hong Kong dollars. If you have paid attention, Li Sheng, you should know that there was a large amount of funds yesterday, and that is my friend in the United States."

The reason why Lin Baicheng told Li Jiacheng this is that he hopes that Li Jiacheng can buy Hutchison Whampoa shares above 25 Hong Kong dollars, so that his funds can be spent less. The main reason is that he is worried that his funds will not be able to withstand the suppression of the short side. .

It is of course best for Li Jiacheng to buy above 25 Hong Kong dollars. Li Jiacheng will not lose if he does not buy Lin Baicheng. It is nothing more than saying one more sentence.

"Lin Sheng has a friend to help with the tray. It seems that the winning ticket is in his hands."

Li Jiacheng smiled, thinking to himself, no wonder, yesterday he wondered where so much money was on the tray, it turned out that Lin Baicheng was looking for someone, so it makes sense.

After the two chatted for a few more words, Li Jiacheng bid farewell and left, while Lin Baicheng continued to stay in Yingzhou Yingni Company.

The stock market this morning was very calm, at least for Hutchison Whampoa. The stock price fluctuated up and down at 26 Hong Kong dollars as yesterday afternoon, and occasionally fell below 25 Hong Kong dollars and quickly rebounded back.

There was no movement from the short side, so Lin Baicheng naturally didn't need to keep paying attention, after all, he was quite busy.

(End of this chapter)