Reborn as a Hong Kong Tycoon

Chapter 647 Entering the Telephone Company (Two in One)

Since Qin Lan publicly purchased the telephone company at a premium in the name of Lin Baicheng at noon, as soon as the stock market opened in the afternoon, the stock price of the telephone company suddenly jumped to the price of 10 Hong Kong dollars, and then went up.

Since Lin Baicheng bought the stock of the telephone company at a price of 10 Hong Kong dollars, it means that he is backing up at this price. In addition, he is now the richest man in Hong Kong, so funds will naturally come into the market to speculate.

However, Lin Baicheng's purchase price itself is already a premium of more than 35%. With a little hype, the stock price has risen by as much as 40% compared to the morning price. Such an increase will naturally make investors leave the market.

Therefore, the stock price of the telephone company goes up and down, usually close to or even break through the price of 11 Hong Kong dollars for a while, and then fall back to the price of 10 Hong Kong dollars for a while, and then after a while, some funds enter the market to stir up the stock price, but the stock price does not take long. It fell back to the price of 10 Hong Kong dollars.

During this process, the traders arranged by Anyuan bought a lot of stocks at the price of 10 Hong Kong dollars.

When the time came to nearly 02:30, it was going up again. The stock price of the telephone company, which had just broken through the price of 11 Hong Kong dollars, fell to 10.48 Hong Kong dollars in a blink of an eye. When the stock price changed next time, it became 10 again. Hong Kong dollar price.

Obviously, just for a while, a large number of sell orders appeared, and the buy orders above 10 Hong Kong dollars were instantly broken down.

"What's going on here?" "There's a lot of sell orders!" "Damn it!" "My money!".
Investors who pay attention to the stock of the telephone company, but those who placed an order to buy above 10 Hong Kong dollars, could not help but scream and howl when they saw the situation. The sudden large number of sell orders made them feel scared.

Shareholders looked at the telephone company's quotation of 10 Hong Kong dollars, and the remaining 1520 million shares that should have been bought there had become more than 400 million shares.

What is even more worrying is that the buy order at the price of 10 Hong Kong dollars is decreasing by hundreds of thousands of shares every time.

"This is a major shareholder selling stocks, run away!"

No one is an idiot. They didn't know that the major shareholder of the telephone company took the opportunity to reduce their holdings of the telephone company's stock. Otherwise, it would be impossible for hundreds of thousands of shares to be sold.

You know, the stock price of the telephone company is 10 Hong Kong dollars, and hundreds of thousands of shares are worth millions of Hong Kong dollars. It is impossible for retail investors to have so much money for multiple sales orders of several million Hong Kong dollars, so they can only be the major shareholders of the telephone company.

One thing everyone knows very well, that is, once the buy order at the price of 10 Hong Kong dollars is zero, the stock price of the telephone company will inevitably fall sharply. It is impossible to withstand the price of 9 Hong Kong dollars. .

When the stockholders determined that a large shareholder was reducing their holdings, many stockholders immediately chose to sell the stocks of the telephone company in their hands.As long as it is a stock purchased before noon, it is definitely profitable to leave the market at a price of 10 Hong Kong dollars, but it is only a little less than before.

The huge sell order finally stopped when there were less than 10 million shares left in the buy order at the price of 1100 Hong Kong dollars.Although many stockholders are still selling stocks, each change is no longer a reduction of hundreds of thousands of shares, but tens of thousands of shares in varying quantities.

Panic selling orders began to decrease when the number of buy orders fell below 1000 million shares, and each change became thousands of shares, sometimes 20 to shares, but as large as tens of thousands or even shares Quantity does not appear.

Obviously, the panic orders have almost sold out, and the remaining stockholders are quite rational.

However, so far, Lin Baicheng has bought more than 900 million shares, more than 6% of the shares, and his shareholding ratio of the telephone company has reached about 38%.With such a shareholding ratio, basically no one can surpass him.

Moments after the phone company's massive sell order appeared, Jardine Matheson.

"Chairman, the Investment Department has sold one-third of the telephone company's shares according to your order, and there are still 1000 million shares left in the company."

The secretary came to the office to report to Henry Kessack.

"Very well, let's keep the remaining 1000 million shares as a minority shareholder of the telephone company."

Henry Kesak nodded slightly. Jardine Matheson originally held 1500 million shares of the telephone company, which is 10% of the shares. After Lin Baicheng's public offer appeared at noon, Henry Kesak was very surprised and surprised. Seeing Lin Baicheng's shareholding ratio He has no idea of ​​competing with Lin Baicheng at all.

Henry Kessack then contacted Shen Congee and asked Shen Congee whether he would continue to acquire the shares of the telephone company held by Jardine Matheson and at what price. Not long ago, Shen Congee told him that he was no longer buying, so he naturally had to deal with it. shares of the telephone company.

Lin Baicheng's public purchase price was 10 Hong Kong dollars, which was the same as the purchase price of the Italian company, so Henry Kessack did not contact the Italian company because it was meaningless.

After some consideration, Henry Kessack decided to sell one-third of the shares, that is, 500 million shares, and keep 1000 million shares to become a minority shareholder of the telephone company.

Although he didn't deal with Lin Baicheng, Henry Cassack had to admit that Lin Baicheng was a capable person. After the telephone company fell into Lin Baicheng's hands, it was likely to usher in greater development.

Therefore, Henry Kessack kept a part of the shares of the telephone company, thinking that if the telephone company develops greatly in the future, this part of the shares will also increase in value.It doesn't matter if his prediction is wrong. The telephone company monopolizes Xiangjiang's telephone business. Even if there is no big development, it will not become a garbage company after falling into the hands of Lin Baicheng. At most, it will only suffer a small loss.

Because of Lin Baicheng's sudden intervention, the agreement between Henry Cassack and Shen Porridge could not go ahead, but he still wanted to get a loan from HSBC for the development of Hongkong Land.

Xiangjiang Stock Exchange, in the VIP room.

After leaving HSBC, Li Jiacheng came here. When Jardine Matheson delivered a large number of sales orders, he did not let people sell a large number of shares in his hand.Of course, he also sold a little bit of the shares in his hand, all of which were slowly sold above HK$10.

Li Jiacheng has nearly 500 million shares of stock, if converted into funds at a price of 10 Hong Kong dollars, it is nearly 5000 million Hong Kong dollars.

The reason why Li Jiacheng did not sell all the stocks at one time at the price of 10 Hong Kong dollars is because if he sold an average of 0.1 Hong Kong dollars per share, he would earn nearly 50 Hong Kong dollars more, and sell 0.2 Hong Kong dollars more per share. That is to earn nearly 100 million Hong Kong dollars more.

Therefore, with nearly ten million Hong Kong dollars remaining in the buy order at the price of 10 Hong Kong dollars, Li Jiacheng didn't mind waiting to see if the stock price of the telephone company could rebound again.

When there were a little more than 10 million shares left in the buy order at the price of 800 Hong Kong dollars, the stock price of the telephone company began to rise slowly, and it began to have funds and was willing to do more, which reassured Li Jiacheng a lot.

Li Jiacheng still has more than 400 million shares in his hand. It is impossible for Li Jiacheng to sell a large amount of shares when there are 500 million shares left in the purchase order. At that time, it is necessary to start selling in large quantities.

Fortunately, now that the stock price of the telephone company has started to rise again, Li Jiacheng can earn a little more.

Time came to four o'clock in a blink of an eye, and the stock market closed.

Not long after the stock market closed, Lin Baicheng listened to Qin Lan's report. In the afternoon, he bought more than 1220 million shares from the stock market, and he was short of 615 million shares before buying all 6600 million shares.

At present, Lin Baicheng's shareholding ratio in the telephone company is nearly 40%, and basically there will be no surprises in the acquisition of the telephone company.

Qin Lan said: "Mr. Lin, I believe that the remaining 600 million shares will be fully purchased tomorrow, and you will be able to become the owner of the telephone company by then."

Nodding his head, Lin Baicheng asked suddenly: "Qin Lan, do you think it is possible to acquire 30% of the shares from the controlling party of the telephone company and Jardine Matheson, and then buy a little more shares, and the shareholding ratio can reach 75%?" , privatize the telephone company?" At this moment, of course, he did not know that there were only 1000 million shares of the telephone company left in Jardine Matheson.

Qin Lan said: "Boss Lin, it's feasible, but if you do this, they must know that you want to privatize the telephone company, and the price they will offer will definitely be very high."

"I know that."

Lin Baicheng was not surprised. If he had such an opportunity, he would have opened his mouth and offered a high price, selling his shares at a good price.

"Mr. Lin, you told me that the reason why you bought the phone company is because you think that mobile phones will definitely be developed in a few years, and mobile phones will be a big market in the future."

"However, mobile phones are years away, and if they are, they will certainly be years away, so if you want to privatize the phone company, you don't need to do it now."

"You can take over the telephone company first, and slowly privatize the telephone company in the next few years, so that the price you pay will not be too high. Anyway, privatization is not urgent, what do you think?"

Qin Lan talked about her thoughts. She felt that there was no need to rush to privatize the telephone company now.

"You're right."

Lin Baicheng couldn't help but nodded slightly after hearing this, and agreed with Qin Lan's words. There is really no need to worry about privatizing the phone company. After all, even Sun Electronics Communications has not acquired related technologies from Bell Labs, and the commercialization of mobile phones is even more urgent. It's a matter of no shadow.

"Forget about privatization for the time being, and even getting into the phone company is not urgent. Then you go to the phone company to appease the management of the phone company. I don't have time these days. After my sister gets married, I'll go to the phone company again."

Qin Lan nodded and said, "President Lin, don't worry, I will do a good job in related work, so as not to cause confusion to the phone company."

"That's good."

Lin Baicheng said no more.

At around 10 o'clock the next morning, Lin Baicheng completed all the purchase orders at the price of 6600 Hong Kong dollars. He held 44 million shares in the telephone company, and his % shareholding ratio was enough for him to gain control of the telephone company.

After the buy order at the price of 10 Hong Kong dollars was reset to zero, the stock price of the telephone company quickly fell to the price of 9.5 Hong Kong dollars, and then fell to the price of 9 Hong Kong dollars. .

At this time, the stock price of the telephone company has risen a lot compared to before the acquisition by Lin Baicheng, and Lin Baicheng's entry into the telephone company will definitely increase the market's confidence in the telephone company, and the possibility of its stock price stabilizing above 8 Hong Kong dollars is relatively high. big.

After the share acquisition, Qin Lan immediately reported to Lin Baicheng, and at the same time reported the funds spent on the acquisition of the telephone company.

Among the 6600 million shares, the first 27.3%, or 4095 million shares, cost Lin Baicheng 2.58 million Hong Kong dollars. This is because he started to buy slowly early in the morning, and he made short trades from time to time, so the cost price was relatively low.

Before the official public acquisition, Lin Baicheng held 4764 million shares in the telephone company, and purchased 669 million shares in the middle.A small part of these shares are purchased from the stock market, and more are purchased from other small shareholders, and the shares purchased from small shareholders have a high premium.

These 669 million shares cost Lin Baicheng 5480 million Hong Kong dollars in total.

The remaining 1836 million shares are easy to calculate. The cost price of each share is 10 Hong Kong dollars, and the cost is 1.836 million Hong Kong dollars.

Adding up the three waves, 6600 million shares cost Lin Baicheng 4.964 million Hong Kong dollars in total, nearly 5 million Hong Kong dollars.

Based on the current stock price of the telephone company of about 8.5 Hong Kong dollars, the total market value is about 12.75 billion Hong Kong dollars. Lin Baicheng's 44% shares are worth 5.61 million Hong Kong dollars, and he spent nearly 5 million Hong Kong dollars. It is not a loss, but a small profit.

Of course, the stock price of the telephone company has not stabilized at present, and it is too early to say that it is profitable.

It's just that, in this kind of corporate acquisition with a market value of one billion Hong Kong dollars, if there is no premium acquisition, it is already a big profit, unless the acquisition is a loss-making enterprise, but the telephone company is obviously not in this category.

After listening to the report, Lin Baicheng couldn't help but say: "To acquire a company, we still need to start the acquisition early and slowly, so that not only can the acquisition be completed smoothly, but the cost is not too high."

"Boss Lin, what you said is true."

Qin Lan agrees with this very much, and the acquisition of the telephone company this time is a ready-made example.

Lin Baicheng said: "Over there at the telephone company, you should go there in the afternoon."

"Ok."

Qin Lan responded.

Lin Baicheng: "After you're done with the phone company, you ask Anyuan to arrange for someone to buy Hongkong Land's stock from the stock market. Also, take your time and don't draw any attention."

"Boss Lin, do you want to acquire Hongkong Land Company?"

Qin Lan cheered up. This is Hongkong Land, known as the King of Xiangjiang, the right arm of Jardine Matheson, and Jardine Matheson, which has lost Wharf.

"I have this idea, but Jardine Matheson and Hongkong Land have cross-shareholdings. Jardine Matheson has a relatively high shareholding in Hongkong Land, so we have to take our time and not rush. I plan to spend two to three years or even longer. It’s time to acquire land, now it’s just the beginning of layout.”

Lin Baicheng nodded. Qin Lan is the director of his secretariat in Xiangjiang, and he knows a lot about him, so he can be trusted. There is no need to hide Qin Lan's acquisition of Hongkong Land.

"I'll take charge of this matter myself after I'm done with the matter at hand."

Qin Lan immediately said, what an honor it would be if she could buy Hongkong Land from her hands.

Lin Baicheng didn't say any more, the current acquisition of Hongkong Land Company is just a preliminary layout, and it can only be done slowly, there is no rush.

(End of this chapter)