Reborn Xiangjiang as a Tycoon

Chapter 581 Battle for Hong Kong Electric (2)

After discussion, the four people of Shi Yadi Shihuai Ya decided to acquire the shares of Hong Kong Electric Group from the stock market at a price of 7 Hong Kong dollars per share.

At 12 o'clock at noon, the early trading of the stock market had been closed. Shi Yadi and Shi Huaiya made an announcement to acquire stocks in the name of their joint venture Yingyao Company, but they did not announce the specific number of stocks to be acquired.

The price of 7 Hong Kong dollars per share is already a quite high premium. What is important is that Schneider Schweizer and others have realized that it is difficult to beat Lin Baicheng in terms of number of shares, so it does not make sense for them to acquire a large number of Hong Kong Electric Group shares at high prices.

, their main purpose of doing this is to raise the stock price and let Lin Baicheng spend more money.

Therefore, Siyadi Schwaiya and the others have not announced the specific number of acquisitions. They have already instructed the acquisition transaction personnel to slow down the acquisition speed and try to acquire as few shares as possible if a large number of stocks are sold to them.

This afternoon, even if Lin Baicheng did not follow suit and raise the purchase price, Shi Yadi Schwaiya and the others would still insist on the acquisition, but it will be hard to say tomorrow.

In order to increase the amount of money Lin Baicheng spent to acquire the shares of Hong Kong Electric Group, Shi Yadi, Shi Huaiya and the others even stood up to the public and let the outside world know that it was their British capital that was acquiring the shares and competing with Lin Baicheng for control of Hong Kong Electric Group.

After Yingyao Company's announcement was released, it immediately caused a huge sensation because of the relationship between Shi Yadi Shihuai Ya and others standing in front of the stage. The capital they represent is several major British-owned families and groups in Hong Kong, not to mention their target is Hong Kong Electric Group.

, and now the controller of Hong Kong Electric Group is Hong Kong’s richest man, Lam Baicheng.

Lin Baicheng is the richest man in Hong Kong and a Chinese. Several British-owned families have joined forces to acquire a large number of shares in Hong Kong Electric Group and compete with Lin Baicheng for control. This in itself is a big topic.

What's more, both Lin Baicheng and British capital are now acquiring the shares of Hong Kong Electric Group at a very high premium. It seems that the competition is quite fierce.

At this time, the most excited ones are of course the retail investors who still hold HK Electric Group shares.

Ying Zi and Lam Baicheng competed for control of Hong Kong Electric Group, and the value of the stocks in their hands increased significantly. This was undoubtedly a pie in the sky for retail investors who held shares.

After the stock market opened in the afternoon, except for a very small number of investors who sold their HK Electric Group shares at a price of HK$7 per share, the vast majority of investors chose to hold the shares. They believed that Lin Baicheng would respond and would

Acquire HK Electric Group shares at a higher price.

However, the market was the first to react. Hong Kong Electric Group's shares broke through HK$7 shortly after the opening, and there were funds to purchase stocks above HK$7.

Judging from the current situation, it is British capital and Lam Baicheng who are competing for control of Hong Kong Electric Group, and the shareholding ratios between the two parties may not be very different, so both parties are purchasing shares at high prices.

In this case, if you enter the market to buy stocks at this time and sell them when the stock price is higher, you can earn the price difference.

At this time, the funds for purchasing Hong Kong Electric Group shares above 7 Hong Kong dollars were all judged in this way. They obviously wanted to cut meat from Lin Baicheng or British capital. They bought at the current price, and then waited for the battle between the two parties to reach the final moment.

, sell it at a price of 10 Hong Kong dollars or even higher, and then they will naturally make a profit from the price difference.

Simply put, even if the price difference is only 10%, as long as you invest 10 million Hong Kong dollars, the profit will be 1 million Hong Kong dollars, and the time is only a few days at most. This kind of transaction is definitely worth doing.

Before the stock market opened at noon, Qin Lan already knew that British capital had purchased HK Electric Group's shares at a higher price. However, she did not immediately issue an order to increase the purchase price. Instead, she arranged for someone to observe the stock price trend.

After the British capital set a large number of buy orders at the price of 7 Hong Kong dollars, the stock price of Hong Kong Electric Group rose, but the British capital did not increase the purchase price. The traders were also observing to see if Yum Securities' funds were higher.

The stock price enters the market for acquisition.

Therefore, when there was no movement from both parties, the stock price of HK Electric Group fluctuated between HK$7.1 and HK$7.3, and the trading volume was not large.

At this time, there are not many HK Electric Group shares circulating in the stock market. What's more, there are still a large number of investors who hope that Lin Baicheng will buy the shares at a higher price. Each one chooses to hold shares and wait and see, so the number of stock transactions is naturally not large.

.

“Buy a large amount of stocks at the price of HK$8!”

After observing for more than half an hour, Qin Lan gave instructions over the phone.

Not long after, the current price of HK Electric Group's stock on the exchange changed, and the stock price became 8 Hong Kong dollars. All sell orders previously traded below were eaten up.

The purchase price of Hong Kong Electric Group changed again. Although Qin Lan did not make an announcement this time, everyone knew that Lin Baicheng had raised the purchase price in order to beat the British capital in terms of purchase price.

This time, a small number of investors sold their stocks, and both timid and satisfied investors chose to settle for safety.

However, there are still a large number of investors who feel that the stock price of Hong Kong Electric Group will continue to rise, and they are waiting for British capital to offer a higher purchase price.

Anyone who speculates in the stock market hopes that the stocks they buy will rise again and again, and they will not be easily satisfied.

After the stock price of Hong Kong Electric Group traded sideways for more than ten minutes at the price of HK$8, the stock price began to rise. This was driven by funds. Obviously these funds were not satisfied with the small gains and were looking forward to Lin Baicheng and British capital to push the stock price higher.

Higher so they can profit from it.

The stock price of Hong Kong Electric Group exceeded 8 Hong Kong dollars. Qin Lan did not move after learning about this. She just asked Anyuan, who was responsible for stock acquisitions, to pay attention to the stock price trend. After discovering that there was a large amount of funds purchasing a large amount above 8 Hong Kong dollars, she then made a move to

She reported.

As for spontaneous transactions with a small amount of money, ignore them.

The British capital received the report and learned about the incident almost as soon as the share price of Hong Kong Electric Group reached 8 Hong Kong dollars.

The four British people discussed what should be done next, but this time the four of them had differences. If the stock was acquired at HK$8.5 or HK$9, the premium would be too high. They

The price paid was too high, and Henry Caesar and John Macdonald disapproved of it.

However, Henry Caesar and John Marton were finally persuaded by Sylvia Schweizer and Michael Kadoorie. Even if they now acquire the shares of Hong Kong Electric Group at such a high premium, they will not do so after all.

There are too many acquisitions, so the price paid is limited. On the contrary, by raising the stock price, Lin Baicheng can pay a higher price and prepare a safe escape route for them.

If they can raise the share price of HK Electric Group to above 10 Hong Kong dollars, they can even start to slowly sell the shares of HK Electric Group to withdraw funds.

Anyway, it is impossible for them to have a higher shareholding ratio than Lin Baicheng. The key to victory or defeat lies in the board of directors, and whether they hold 30% of the shares or 20% of the shares will not affect their trouble with Lin Baicheng in the Hong Kong Electric Group. Let Lin Baicheng

There is no way to run this company well.

Therefore, the purchase price of HK Electric Group by British capital in the stock market became 8.5 Hong Kong dollars.

It was at this time that Lin Baicheng returned to Xiangjiang.

Because he had a rest on the private plane, Lin Baicheng was not tired. After leaving the airport, he took the extended Lincoln that was picked up directly to go to Hong Kong Electric Group.

As soon as he arrived at HK Electric Group, Lin Baicheng learned from Qin Lan that British capital had purchased HK Electric Group's shares from the stock market at a price of HK$8.5 per share, and asked Lin Baicheng whether he wanted to increase the purchase price.

"No need for the time being."

Lin Baicheng shook his head. He did not explain, but went to the office of Hong Kong Electric Group.

Afterwards, Lin Baicheng called Levis and other company executives with directorships to the office to talk.

After that, it was announced that the board of directors would be held tomorrow morning and Levi's was asked to notify all directors.

Even if a director is not present at a board meeting, as long as the board of directors passes a certain motion, the motion will be valid. Directors who do not attend the board of directors are equivalent to abstaining from voting.

This is a situation where the director himself has something to do and does not attend the board meeting. However, when the company convenes a board meeting, it must notify all directors, otherwise all the resolutions passed by the board meeting will be invalid.

Directors can have their own affairs and have no time to attend the board meeting, but the company cannot fail to notify the directors that a board meeting is about to be held. These are two different things.

After Levi's responded and said that he would notify all directors, he asked: "Mr. Li, I wonder how you are going to deal with the fact that Shi Huaiya and other families want to compete with you for control of the company?"

Lin Baicheng smiled when he heard this and said: "I hold more shares than them. As long as the board of directors is on my side, then I will win, don't you think?"

"Mr. Lin, that's what you said."

Levi nodded in agreement: "Even if there are directors who are ignorant, with your shareholding in the company, controlling the shareholders' meeting, and taking some time to control the board of directors, they have no hope of winning."

"So I'm not worried about the company's control. What I'm worried about is that after they become shareholders of the company, they will go against me in the company's daily affairs and oppose me for the sake of opposition. That will cause the company to be in trouble in the future."

Lin Baicheng does have such worries at present. As long as the British capital has a large shareholding and holds two or three directorships, then the British capital's influence on the Hong Kong Electric Group is not small and cannot be ignored. If the other party really continues to

If you find trouble, there are plenty of opportunities, and the future development of Hong Kong Electric Group will inevitably be affected.

Levis couldn't help but said: "But if Hong Kong Electric Group does not develop well, it will not be good for them."

Lin Baicheng reminded: "Don't forget that Michael Kadoorie belongs to the Kadoorie family, and China Electric Power Company is controlled by this family. If chaos occurs in Hong Kong Electric Group, it will be a huge benefit to China Power Group

Already."

Levis immediately said after hearing this: "They are a four-person partnership. China Power is an industry owned by the Kadoorie family. Unless the Kadoorie family is willing to give up part of China Power's shares to the other three companies, the other three companies cannot sacrifice their own interests for Kadoorie."

Family profit."

"As long as the benefits are big enough, what you said is not impossible to happen."

Lin Baicheng shook his head. Fortunately, he already had a plan. He immediately said: "You and other directors must stand by me in the board meeting tomorrow."

"Don't worry, Mr. Lin, I will definitely be on your side. I believe others also know what choice they should make."

Levis immediately said that although he didn't know why Lin Baicheng would convene the board of directors tomorrow, unless the British capital could poach the two shareholders of the company at a huge price tonight, tomorrow's board of directors would be based on Lin Baicheng's will.

host.

Even if some of the directors have strange thoughts, as long as they have not negotiated good terms with the British capital, no one will openly oppose Lin Baicheng. After all, no one is a fool.

"Well, I believe you."

Lin Baicheng smiled and nodded: "Don't worry, as long as you work for me, the salary will not be a problem. And there is still a lot of room for improvement. Let's take Levi's as an example. As long as you do well, I can still promote you and let you

Go to a bigger platform like Hutchison Whampoa to do things.”

"I will definitely do a good job."

Levi's couldn't help but feel a little excited after hearing this. Any professional manager hopes that he can manage a larger group company, and the market value of the group company he manages is getting higher and higher, so that his influence as a big class can be greater.

After the meeting, Levis left Lin Baicheng's office.

Lin Baicheng called Qin Lan into the office: "Qin Lan, please notify Anyuan and ask them to temporarily stop purchasing stocks from the stock market and withdraw the order."

"OK!"

Qin Lan responded first, and then said: "Mr. Lin, do you want to continue to implement the announcement I made in the morning to acquire stocks at HK$6.5 per share?"

Lin Baicheng said: "Just keep placing orders at this price. If you can buy it, buy it. If you can't, it doesn't matter."

"OK."

Qin Lan couldn't help but ask: "Mr. Lin, have you decided not to buy HK Electric's shares from the stock market?"

"That's it for the time being, you can inform me."

Lin Baicheng nodded, but he did not explain the specific reason, and he did not need to explain, because he was the boss.

When Qin Lan saw this, he didn't ask any questions and went out to make a phone call.

Lin Baicheng did not deliberately conceal his whereabouts after returning, and his extended Lincoln was the only one in Hong Kong, so his return to Hong Kong was soon known to the British.

Just when the British capital was thinking about what Lin Baicheng would do after returning, they learned from their subordinates that Yum Securities had changed the purchase price of Hong Kong Electric Group back to HK$6.5 per share.

Just when they were confused, the three directors who sold the shares of HK Electric Group to them informed them one after another that HK Electric Group would hold a board meeting tomorrow morning.

When they learned that the board of directors was going to be convened, the British capital side didn't know that Lin Baicheng was going to cause trouble on the board of directors, so the acquisition of shares was temporarily put aside by Lin Baicheng.

Therefore, the British capital side has also shifted their attention to tomorrow's board of directors. They know that if they want to defeat Lin Baicheng, they must defeat Lin Baicheng in tomorrow's board of directors, otherwise the variables after tomorrow will be too great.

(End of chapter)