Reborn Xiangjiang as a Tycoon

Chapter 140 Year-end gathering of Chinese businessmen (Part 2)

Huo Yingdong's influence in Xiangjiang is undoubted, especially among Chinese businessmen. He is surrounded by many people, all of whom Lin Baicheng knows, and they are all well-known figures in Xiangjiang's business community. It can be said that he is the center of the party.

"Brother Huo!"

Bao Yugang and Lin Baicheng walked over.

"Brother Bao, we are talking about your competition with Yihe for Wharf."

Huo Yingdong first said hello to Bao Yugang, then looked at Lin Baicheng, stretched out his hand and said: "Lin Sheng, I haven't seen you for a long time. I didn't expect that your career has developed so fast in just a few months."

"No, the last time they met at a charity gala, Lin Baicheng was just the boss of Galaxy Games, and not many people knew about this company. Now he is not only the boss of Asia Television,

He is also the controller of Hutchison Whampoa, a large company.

"My career has developed so fast, and I have to thank Mr. Bao for his help in helping me buy Hutchison Whampoa's shares from HSBC."

Lin Baicheng said modestly. While shaking hands with Huo Yingdong, he couldn't help but sigh in his heart. People's status is higher and their treatment is different. The last time he met the other party, the other party didn't take the initiative to shake hands with him, and even talked to him.

He only said the words 'hello'.

This is not because Huo Yingdong is arrogant or arrogant. With his status, people who have not reached a certain status will naturally not be able to get into his eyes.

Just like Lin Baicheng now, if he faced a small boss with a net worth of several million or tens of millions, he would have the same attitude as Huo Yingdong. After all, we are not in the same circle.

"You're so polite, Mr. Lin. I'm not helping you in vain. Why don't you sell me all the Wharf shares?"

Bao Yugang said with a smile. He knew that Lin Baicheng was just talking politely. The two of them had made a consensual transaction that time, and neither of them owed anyone a favor.

"There is such a thing."

After hearing this, Huo Yingdong thought for a while and came up with a rough guess. Lin Baicheng should have sold a lot of Wharf shares to Bao Yugang, otherwise Bao Yugang would not have helped. However, Lin Baicheng's target may have been Kowloon before that.

warehouse, but he later shifted his target to Hutchison Whampoa, so Lin and Bao were able to reach an agreement. If nothing else, this should be the case.

It's not difficult to guess this kind of thing. Not only Huo Yingdong, but also other people around him also made guesses.

"Sheng Bao, now Wharf's stock price has risen to over 30 Hong Kong dollars. If you continue to compete with Jardine Matheson like this, you still don't know how much it will cost. I think you need to talk to Jardine Matheson."

Li Zhaoji said aloud that he had not paid much attention to the Wharf company before. After the Wharf acquisition war broke out, of course he noticed it and had people investigate the company. The large amount of land in the hands of this company made him somewhat agitated.

He is jealous, especially since these lands are still in prime and prosperous areas. Unfortunately, Bao Yugang has already made the acquisition, and even if he wants to participate, he does not have that much capital, so he can only watch with jealousy.

Guo Desheng also said: "It is already 30 Hong Kong dollars per share now, and it will definitely rise to 40 Hong Kong dollars per share after the year, and even higher 50 Hong Kong dollars per share is not impossible. If you buy it by then, you will not only be in trouble.

I can’t bear it, and I don’t think Yihe can bear it either, so it’s still necessary to talk.”

"Alas, actually this acquisition has come to an end for the time being."

After listening to what a few people said, Bao Yugang shook his head helplessly: "Niu Bijian has found HSBC's Shen Daban and asked Shen Daban to make peace. The two parties have agreed not to increase their shareholdings in the short term."

Bao Yugang must give face to Shen Chow, because he has a deep cooperation with HSBC. Besides, to put it harshly, if Bao Yugang doesn't give face to Shen Chow, he will support Yihe in anger and give Yihe a lot of money. If it's a loan, how can Bao Yugang compete with Jardine He?

"It seems like Wharf's share price is about to fall."

Feng Jinxi said aloud, thinking about selling the company's Wharf shares immediately tomorrow. The share price of Wharf was originally more than 12 Hong Kong dollars, but due to the outbreak of the takeover war, it soared to as much as 30 Hong Kong dollars, an increase of 150%. Now, There is no doubt that if the takeover war is suspended, the stock price will inevitably fall sharply.

Huo Yingdong nodded in agreement and said: "This is inevitable. The market value of Wharf before the acquisition was only about 1.1 billion Hong Kong dollars. Now it is higher than the market value of Hutchison Whampoa, reaching as much as 2.7 billion Hong Kong dollars. This is all because of Brother Bao Due to competition with Jardine Matheson, now that they no longer increase their shareholdings, the stock price will naturally plummet."

Yes, the market value of Wharf is indeed a little higher than that of Hutchison Whampoa, because Hutchison Whampoa's current stock price is below HK$7. Although Lin Baicheng continues to buy Hutchison Whampoa's shares and continues to increase his holdings, he still does not The increase in the stock price only stopped the stock price from falling. The reports he asked the newspapers to carry out actually became a fact. A large number of investors were not optimistic about the company's prospects after he took over Hutchison Whampoa.

Lin Baicheng doesn't care about this. He will continue to increase his shareholding anyway. The falling stock price will also be conducive to his increase in holdings, and he can increase his holdings to a sufficient number of shares at a lower price.

"I really envy you Lin Sheng. You have easily become the largest shareholder of Hutchison Whampoa. The Qi Dezun family has no chance even before they react."

Bao Yugang was really envious of Lin Baicheng. Only part of the shares were acquired at a premium of 20%, and he easily obtained control of Hutchison Whampoa. It was not like he paid such a high price but still didn't get it. To gain control of Wharf, one can only temporarily become a director and major shareholder of Wharf.

"The move Lin Sheng made in the newspaper was indeed beautiful."

There were a lot of newspaper reports on the day when Lin Baicheng purchased a large amount of Hutchison Whampoa shares. Anyone with a discerning eye can now see what happened. No one here didn't know.

Feng Jinxi said: "However, if Hutchison Whampoa does not have good results in a short period of time, it will be difficult for the stock price to rise. It can be regarded as a gain and a loss."

"Yes, and although I won Hutchison Whampoa, I now owe a lot of debt. If Hutchison Whampoa does not develop well, then I will be miserable."

Lin Baicheng performed poorly in order to prevent anyone from getting jealous and creating a few more opponents for no reason.

However, Lin Baicheng is very clear that if he wants Hutchison Whampoa to vigorously develop the real estate industry, he will definitely compete with real estate developers such as Li Zhaoji, Zheng Yutong, Xu Shixun, and Guo Desheng. Therefore, it is impossible to have no rivals. All I can say is Try to avoid causing public outrage.

This kind of gathering is mainly for chatting and talking about their respective business developments. Try to avoid malicious competition with other people. If you want to compete, try to compete with British-funded companies.

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(End of chapter)