Reborn Xiangjiang as a Tycoon

Chapter 125 Li Jiacheng’s plan (Part 2)

"Could it be Wheelock?"

Li Yeguang thought for a while and said: "Due to the outbreak of the oil crisis in the past few years, Wheelock's profitability has declined year by year, which has led to Wheelock's chairman John Madden's disinterest. In October 1976, he even contacted Jardine Matheson & Co.

, wanted Jardine and Land to merge with Wheelock, and Hutchison, which later received support from HSBC, also participated in the merger, but unfortunately the merger failed in the end."

"Despite this, no one can guarantee whether John Madden is interested in selling Defeng now. It is entirely possible that Lin Baicheng can contact John Madden with the help of HSBC Bank to help build a bridge."

Merlin said: "Although Wheelock's revenue and profits in the past few years have been greatly affected, in the past two years, Hong Kong's economy has recovered. Wheelock has benefited from the development of the real estate industry, and its market value has recovered a lot, and its revenue and profits have recovered a lot.

It's not low, there's no reason why John Madden would sell his shares at this time."

Li Jiacheng said: "Although I have not dealt with John Madden many times, I know that he is not optimistic about the development of Hong Kong's economy. Now that Wheelock's market value has recovered, as long as the price is right, he will definitely

I wouldn’t mind selling my shares.”

Merlein immediately said: "So, it's Wheelock?"

"No, not sure yet!"

Li Jiacheng waved his hand and said: "You mentioned Wheelock just now, which reminded me of one thing, that is, in 1975, HSBC invested 150 million Hong Kong dollars in Hutchison International, which is now the reorganized Hutchison Whampoa. Today, HSBC

Hutchison Whampoa

Lin Baicheng's shares are about 20%. It is entirely possible that Lin Baicheng, with the help of Bao Yugang, contacted HSBC Shen Taipan and bought Hutchison Whampoa's shares from Shen Taipan. In this way, Lin Baicheng's Hutchison Whampoa shares would be no less than those of the Qi Dezun family.

.”

“Hutchison Whampoa!”

Li Yeguang nodded and said very puzzledly: "Actually, I have never understood where Lin Baicheng got so much money. His Galaxy Game Company is very profitable, but he should have already taken the money he earned.

to acquire Asia Television. In addition, he should only have a loan of HK$300 million from Standard Chartered Bank. This amount of money is enough to acquire Wharf, let alone Wheelock or Hefei with a market value of more than HK$2 billion.

Remember Huangpu."

Merlin also said: "HSBC did not give Lin Baicheng a loan. If other banks had large loans, the news would have spread long ago."

"You have forgotten that outside of Xiangjiang, his Galaxy Game Company mainly exports arcade machines. It is normal to deal with foreign banks."

Li Jiacheng didn't understand it at first, but after excluding all the banks in Xiangjiang, he guessed that Lin Baicheng should have found a foreign bank for a loan, but he couldn't find out because he didn't have that much energy.

"Now I think about where he got the loan from and what kind of mortgage he used. These are meaningless. He must have a lot of funds on hand, otherwise he would not want to acquire Wharf. I estimate that even if he does not have one billion Hong Kong dollars in funds

, funds of more than HK$500 million are definitely available.”

"Now that it is confirmed that he will not compete with Bao Yugang for Wharf and the plan failed, we need to think carefully about what we should do next and how to create more benefits."

"Now we have to think carefully about which company Lin Baicheng is targeting. What we have to do is to secretly buy stocks and take advantage of the opportunity to make a fortune and make up for the losses."

"Mr. Li, do you really not choose to buy Wharf?"

Li Yeguang couldn't help but said after hearing this: "Even if Lin Baicheng and Bao Yugang didn't break out a battle for Wharf, if Bao Yugang wants to win Wharf, he will definitely break out a battle with Jardine. If you buy Wharf stocks now, you will definitely be able to win.

Let's make some money."

"no!"

Li Jiacheng said firmly: "I sold part of the Wharf shares to Bao Yugang. Although it was a transaction and asked him to help buy the shares of Cangjiang Industrial from Lin Baicheng, I still left some affection. If

If I buy Wharf stocks now and compete with Bao Yugang for tickets, I will be offending him, and I cannot do this for temporary gain."

"Lin Baicheng is different. This time he offended me, and I also offended him. So if I buy the stocks of the company he wants to acquire, it doesn't matter even if he knows about it. I've already offended him anyway."

Li Jiacheng is really not afraid of offending Lin Baicheng. Although Lin Baicheng seems to have more wealth than him now, Lin Baicheng is still young. He has just made his fortune and has not many connections. Li Jiacheng is not afraid of commercial competition with Lin Baicheng.

Bao Yugang is different. Not only is he now the richest man in Hong Kong, he also has a very wide network of contacts, at least wider than Li Jiacheng. Li Jiacheng does not have as much wealth as Bao Yugang, and his network of contacts is not as wide as Bao Yugang. Of course, he does not want to offend Bao Yu.

Just, I hope to take this opportunity to get closer to Bao Yugang and expand my network.

Merin said: "In this case, we can only ask more."

"Well, get the news as soon as possible. Since Lin Baicheng has signed a contract with HSBC, this kind of thing will definitely not be hidden for long. Only by being one step ahead can you make money."

Li Jiacheng nodded, thinking in his heart that he only hoped that what Lin Baicheng acquired this time was not Hutchison Whampoa, because Hutchison Whampoa, like Wharf, was also a company he wanted to acquire, and both companies had it.

If a lot of high-quality land is also acquired, he won't have any share.

If possible, Li Jiacheng would also like to acquire Hutchison Whampoa now, but the problem is that he does not have that much money. He wants to acquire it, but he can only think about it.

When Li Jiacheng was investigating which company Lin Baicheng was going to acquire, not long after signing the contract with HSBC, Lin Baicheng took his team to see Bao Yugang. He wanted to sell his Wharf shares and Cangjiang Industrial shares.

To Bao Yugang.

Because it was Pao Yugang who brokered the deal for Hutchison Whampoa shares offline with HSBC, Lin Baicheng could not make a big deal about the Wharf shares transaction. When Pao Yugang expressed his willingness to do so at the first meeting,

When he was offered 20 Hong Kong dollars per share to buy all the Wharf shares he held, he readily agreed.

Lin Baicheng sold 8.5 million Wharf shares for 170 million Hong Kong dollars, and his original cost price was about 25 million Hong Kong dollars. He made nearly 150 million Hong Kong dollars, not to mention that he also prompted Bao Yugang to help HSBC transfer Hutchison Whampoa's shares.

I sold it to him and got a lot of money.

Lin Baicheng retained 5% of the 7.9 million shares of Cangjiang Industrial, which is 2 million shares. The 5.9 million shares were sold to Bao Yugang at a price of 20 Hong Kong dollars per share. The selling price was 118 million Hong Kong dollars, which was equivalent to Lin Baicheng's 22 million shares.

Bought 2 million shares of Cangjiang Industrial at around HKD.

Because of Lin Baicheng's acquisition, the stock price of Cangjiang Industrial is now around 18.2 Hong Kong dollars. Judging from the current stock price, Lin Baicheng has only earned more than 10 million Hong Kong dollars.

It seems that the shares of the two companies that Bao Yugang bought from Lin Baicheng have a premium, but the premium of Cangjiang Industrial's shares is only about 10%, and the premium of Wharf's shares is quite a lot, more than 50%, but Bao

The price Yugang paid was actually very low.

(There is another chapter at around nine o'clock in the evening. Office workers don't have much to save, so I will post it in three parts. Please don't mind and understand, and please subscribe and support!)

(End of chapter)