Reborn as a Hong Kong Tycoon

Chapter 572 Hutchison Overseas Expansion Route (Two in One)

As time came to the end of November, HSBC completed the additional stock issuance of Hutchison Whampoa.

Hutchison Whampoa issued 75 million additional shares at a price of HK$4000 per share and obtained HK$30 billion in funds, but it had to pay HSBC a 3.75% handling fee, so only HK$28.875 billion ended up in Hutchison Whampoa's account.

Today, the total number of shares of Hutchison Whampoa has reached 4.4 million shares, while Lin Baicheng holds 1.96 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 recorded nearly 30 billion Hong Kong dollars, and the company's market value has risen, so the market value of Lin Baicheng's shareholding has basically not changed.

Because he was going to reduce his holdings after the stock price of Hutchison Whampoa was higher, Lin Baicheng did not increase his holdings because of the dilution of the shares. 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 handover with Hutchison Whampoa, and Shen Congee came in person.

The two held hands. On the surface, they seemed to be working happily together, but Shen Porridge couldn't tell that he had secretly joined forces with the four major British-owned families to deal with Lin Baicheng.

Lin Baicheng didn't think too much about it, but in his plan, he will continue to cooperate with HSBC in the past few years. When Galaxy Bank becomes stronger, he will basically stop cooperating with HSBC. From now on, all industries under his name will switch to HSBC Cooperation with Galaxy Bank.

In the final analysis, everyone was just taking advantage of each other, so Shen Congee, who was about to backstab Lin Baicheng, didn't feel guilty or hesitated.

Shen Congee asked tentatively: "Lin Sheng, Hutchison Whampoa now has nearly 29 billion Hong Kong dollars in cash, how does your company plan to use this money?"

"I plan to use these funds on Hutchison Whampoa's existing business, expand the business scale, and make the company stronger."

Lin Baicheng didn't say too much specific, but he already has a general direction, that is the real estate industry and retail industry.The Watsons of the retail industry will get big money to expand into Europe and the US in order to gain a foothold before Carrefour and Wal-Mart spread everywhere, making money from abroad.

As for the real estate industry, Xiangjiang will not expand vigorously 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. Can't run.

Therefore, instead of aggressively expanding now, it is better to wait for the real estate industry to crash and buy bottoms.

The expansion direction of the real estate industry is abroad, especially Japan and the United States. In the long run, real estate in these two countries will definitely not lose money. It is nothing more than a matter of earning more and earning less.

In fact, at the beginning, Lin Baicheng thought about letting Hutchison Whampoa enter the automobile industry, buying an automobile brand and technology from abroad, and manufacturing automobiles. This industry will definitely do a lot in the future.

The reason why Lin Baicheng gave up this idea was because he thought that he would reduce his holdings of Hutchison Whampoa in the future. He could not guarantee that there would be no changes before he increased his holdings. If he lost control of the company, his losses would be huge. It's going big.

More importantly, even if Lin Baicheng increases his shareholding to 49.99%, the most shares he holds will be like this. It is really inappropriate to put the important automobile industry in such a company.

Therefore, Lin Baicheng decided to use the money to buy car brands and technologies and build cars himself when he has money, and then put all the profits in his own pocket.Of course, the company will definitely go public in the future, but at that time, he won't lose any money when he goes public, instead he can make a lot of money.

Shen Porridge did not ask more specific questions, but said with a smile: "Nearly 29 billion Hong Kong dollars, with so much capital injection, I believe that Hutchison's various businesses will definitely usher in rapid development. Congratulations first, Lin Sheng."

"Chengshen Dapan, you have a good word."

Lin Baicheng nodded with a smile, and invested more than two billion Hong Kong dollars in funds. If the development of the corresponding company does not expand, then he will be held accountable.

After chatting with Lin Baicheng for a few words, Shen Congee said goodbye, and left with others.

Lin Baicheng sent it off for a while, then went back to the office, and after another twenty minutes, went to the conference room to hold a board meeting.The decision of the board of directors was made after learning that HSBC had completed the additional stock issuance, so all the directors came to the company today.

At the board meeting, Lin Baicheng announced the direction of using those funds from Hutchison Whampoa.

At the board meeting, Lin Baicheng proposed that Wei Peter and Xia Boyin should go to Japan and the United States to set up branches respectively, and be responsible for the expansion of the real estate business in the two places.

Previously, Wei Peter was appointed as the person in charge of the real estate business in Japan, but because the preliminary work was done by the subordinates, he has not gone to Japan yet. Now that the company has expanded its investment scale, he is happy instead .

If the company's investment is not large, Wei Peter will always feel a little assigned when he goes to work in Japan as the vice president.But if the company invested heavily, as the person in charge, he would no longer be allocated, but reused, so he no longer rejected it in his heart.

Because of Peter Wei's precedent, Xia Boyin, who was sent to the United States to be in charge of the real estate business, felt a little better. In addition, the company invested a lot, so he accepted it calmly.

With the departure of Wei Peter and Xia Boyin, Lin Baicheng plans to promote two Chinese executives to serve as vice presidents of the company.But there is no rush, the two of them haven't left after all, and it won't be too late to promote people after they leave and can't handle these affairs.

Moreover, Lin Baicheng will also find ways to increase the number of director seats of Hutchison Whampoa, and let the two promoted Chinese executives enter the board of directors, so that Lin Baicheng's control over Hutchison Whampoa will be strengthened.

In the future, if Wei Li is transferred away and Cheng Yufeng is put on the throne, Lin Baicheng's control over Hutchison Whampoa will be solid. As long as his shareholding is not low enough, 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 have to do a good job. Not only do you need to increase the number of supermarkets and settle in various places, but you also need to make supermarkets profitable. It is useless to open more supermarkets that are losing money. .”

"Mr. Lin, don't worry, I will lead people to do the related work well."

Cheng Yufeng nodded solemnly, expressing his understanding.

Looking at Cheng Yufeng, Lin Baicheng said clearly: "In a year or two at most, I will transfer Wei Li away, and you have to make achievements before that. It is your achievement to do a good job in Watsons. Only in this way Only then can I promote you and let you be the top class in Hutchison Whampoa. Otherwise, if you have no grades, or your grades are not good enough, then I must not be nepotism, do you understand what I mean?"

Now the two are not considered relatives, but after one or two years, 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."

"Which country we are expanding in, it is best to recruit employees from that country. Remember to build a good relationship with the local people. If there are local powerful people who want to buy shares, the branch can give up certain shares in exchange for the company's local stability. develop."

Every time Watsons goes to a country, it will set up a branch company. The branch company is initially 100% controlled by the Xiangjiang head office. Lin Baicheng does not mind giving up part of the controlling stake in the branch company. If necessary, the branch company can even be listed in the country.

To make money in someone else's territory abroad, you must know how to share it, and treat it as spending money to buy peace, otherwise the relevant departments will come to check every three days, and the business will not be done at all.

"That's what our branch in the United States does."

Cheng Yufeng explained aloud, he was very clear about this.

"It's good that you understand, then I won't say more."

Lin Baicheng nodded and stopped talking, then said two more names, and then said: "I am going to find a chance to promote Wei Peter and Xia Boyin after they leave Xiangjiang, let them become the company's vice presidents, and replace Wei Peter and Xia Boyin work, so you remember to keep in touch with them."

"I know, I will deal with them."

Cheng Yufeng nodded, but he wanted to make achievements in his heart, and he couldn't let these two people surpass him, otherwise Lin Baicheng might help one of these two people to the seat of the top class.

Lin Baicheng said: "If you have nothing else to do, go get busy."

"Then I'll go to work first."

Cheng Yufeng got 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 one thing, that is, whether the promise he made back then still counts.When his sugar, edible oil and other products are sold in Watsons, if there is no problem with the price and quality, he will give similar products the best position and bring them to events.

The reason why Guo Henian asked Lin Baicheng this was because Watsons was just messing around in Xiangjiang at the beginning, 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 said with a smile: "Guo Sheng, don't worry, I won't go back on what I promised you. Let's not say that you are the director of the company. Just because of our personal relationship, I have no reason to go back on it, don't you think so?"

"Lin Sheng, what you said is true."

Guo Henian was very happy to hear that, if Watsons can gain a firm foothold overseas, his company will benefit from it, and there will be many benefits.

Lin Baicheng reminded: "Guo Sheng, your products can be sold in all supermarkets of Watsons, but I still say that the quality must be good, and the price must not be much higher than similar products, and it must be under the key recommendation of Watsons. It has a high sales volume and is popular with customers. If customers just don’t like Guo Sheng’s products, it’s useless for Watsons to recommend it, and we must not waste important recommendation positions.”

"Lin Sheng, I understand what you mean. These are all as they should be."

Guo Henian did not ask for more. After all, Hutchison Whampoa was not under his control, and Lin Baicheng's conditions were not to make things difficult for others.

"Guo Sheng, you just need to understand."

Lin Baicheng nodded, as long as his kindness is not treated as a donkey's liver and lungs.

Guo Henian asked: "Lin Sheng, do you invest too much in the overseas real estate industry? Why don't you invest in the local real estate industry in Xiangjiang?"

Lin Baicheng explained: "Hutchison has been investing in the Hongkong real estate industry. I will invest another 20 billion Hong Kong dollars at once. I am worried that too much investment will cause waste of resources, which is not conducive to the company's development. It is better to use it to expand overseas business."

"I'm very relieved that you are taking care of Huang and Linsheng. Since Lin Sheng has plans, I won't ask any more questions."

Guo Henian didn't ask any more questions, so as not to affect their personal relationship. After all, Lin Baicheng holds about 45% of Hutchison Whampoa's shares. No one can threaten Lin Baicheng's control of the company. It is meaningless for him to say too much.

Lin Baicheng said politely: "If there is something I do wrong, Guo Sheng, as a major shareholder, you can remind me that the company's development is good and it is beneficial to 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 in another way, he definitely doesn't want others to judge his company, not to mention that Lin Baicheng is still a young man, when he is young and vigorous, he will not be boring himself, unless Lin Baicheng's decision is true. If he made a major mistake, he had to say it for his own benefit.

After the two chatted for a while, Guo Henian bid farewell and left, while Lin Baicheng worked in the office.

Hutchison Whampoa obtained nearly 29 billion Hong Kong dollars in cash by issuing additional shares. Shen Congee informed the four partners of this matter, and told them to be careful when secretly acquiring shares in HK Electric Group, and not to leak it out.

If the news leaks out, Lin Baicheng doesn't have to worry about funding at all, he can just go directly to Hutchison Whampoa for a loan.With Lin Baicheng's shareholding in Hutchison Whampoa, it is not difficult to do this at all.

Furthermore, if it is impossible, Hutchison Whampoa can buy the shares of Hong Kong Electric Group, and then transfer the right to exercise the shares to Lin Baicheng. Lin Baicheng can also control Hong Kong Electric Group through this method.

In order to win the control of Hong Kong Electric Group, Shiyadi Shihuaiya and others can only do it more covertly, and buy more than 40% of the shares of Hong Kong Electric Group before Lin Baicheng reacts, otherwise they can only make trouble for Lin Baicheng. choose.

The four of Shiyadi Shihuaiya and the others have jointly established a company, and they have begun to secretly contact the shareholders of HK Electric Group.No one dares to easily offend the Swire family, the Caesarker family, the Mabi family, the Kadoorie family, plus HSBC.

Therefore, although Shi Yadi Shi Huaiya and others began to contact the shareholders of HK Electric Group, none of these shareholders leaked the news, nor did they notify Lin Baicheng, so Lin Baicheng is still kept in the dark.

HSBC plus the four major British-funded families, this is not anyone who dares to offend, even the Chinese-funded companies. Therefore, shareholders who hold HK Electric Group would rather sell their shares and get out of the whirlpool than choose to offend HSBC and the four major families. British family.

Of course, no one wants to sell their shares at a low price, so there are still negotiations on the price, and the share transaction is not completed so quickly.

(End of this chapter)