Reborn Xiangjiang as a Tycoon

Chapter 585 Battle for Hong Kong Electric (6)

Less than an hour after Grant and Fred were taken away, Lin Baicheng received a call from Police Commissioner Henry.

There was no politeness between the two of them, and Henry said directly: "Lin Sheng, Shia Di Shihuai Ya and Henry Kesak called me respectively and put pressure on me to let Grant and Fred go."

"Excuse me, Henry."

Lin Baicheng expressed his gratitude, but this gratitude only needed to be expressed verbally, without spending money. Lin Baicheng had made so much money for Henry before, and it was right for Henry to do something for Lin Baicheng. Both parties would benefit from each other.

"This is what I should do."

Henry said: "But Lin Sheng, they have great influence. I can't hold them back forever. Please give me a time limit."

Lin Baicheng asked: "Henry, I won't make it difficult for you. Can you detain them for one night?"

"It's possible, but if Shi Huaiya and the others insist on taking the person away and find someone to intercede and put pressure on him, I may not be able to handle it."

Henry still doesn't want to offend people too much, otherwise if he really insists on it, even if the Hong Kong Governor comes forward, as the first brother, he will have no problem detaining people for one night according to the system.

Lin Baicheng did not force himself: "If they find someone else, then Henry, you don't have to resist, just hold on until the afternoon and then let him go."

"If the person is detained until the afternoon, then I can assure you, Lin Sheng, that there will be absolutely no problem."

When Henry heard this, he immediately said that although he wanted to give the British capital some face and didn't want to offend anyone too much, it was only a few hours and it didn't matter to him at all.

"Thank you very much, Henry."

Lin Baicheng expressed his gratitude to Henry, and after a few more polite words with Henry, he hung up the phone.

Grant and Fred will be let go in a few hours, which is not difficult for Lin Baicheng to accept. The stain on these two people is indeed not big, even if they are held on, at most they will let them go.

They just wanted to compensate for some monetary losses and damage to their reputations.

Fortunately, Lin Baicheng's goal was achieved. Grant and Fred were taken away and their bodies were stained. Lin Baicheng could kick them out of the company openly and promote his own people, even if the British capital opposed it.

Not to mention that the board of directors is not yet under the control of British capital. Even if British capital controls the board of directors, there is no way for British capital to allow them to continue to hold high positions in the company when Grant and others have criminal stains.

On the exchange, Hong Kong Electric Group's stock price suddenly fell a lot, but it was the big funds that had entered the market before that were cutting and shipping the meat. Big funds have much better information than retail investors, and the news that Grant and the others were taken away has not yet been published.

, they already knew the news, and ran away before the news was announced.

Grant and Fred were taken away. From the perspective of big money, Lin Baicheng had the upper hand. In addition, Lin Baicheng held a larger shareholding ratio. The control of Hong Kong Electric Group would still be in Lin Baicheng's hands, making it difficult for British capital to make a difference.

The battle for Hong Kong Electric Group may be coming to an end. Coupled with the negative news about the company's senior management being taken away, and the fact that the stock price has risen to such a high level, it is good for speculation. The stock price will inevitably fall back later, and the big funds will naturally decide to run away in advance.

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At noon, Asia Television's midday news reported the news that Grant and Fred of Hong Kong Electric Group were taken away by the Commercial Crime Bureau, and newspapers also reported the relevant news.

Although the only media reporting the news is Asia Star Media Group, Asia Star Media Group owns the TV station with the highest ratings in Hong Kong and the newspaper with the highest sales in Hong Kong, so the publicity effect is not bad at all.

Anyone who has paid attention to the struggle for control of Hong Kong Electric Group can guess that this is Lin Baicheng's method after reading relevant reports.

The most talked about are the shareholders of Hong Kong Electric Group. Although retail investors don't know that much, they can still see that this is news that is not good for the company's stock price. Coupled with the sudden drop one hour later in the morning, the stocks in their hands are

Investors holding shares in Hong Kong Electric Group suddenly became worried, fearing that the stock price would continue to fall in the afternoon.

That afternoon, after the stock market opened, the stock price of Hong Kong Electric Group continued to fall, and the decline was not small.

Even at about three o'clock, it was reported that Grant and Fred were released on bail by lawyers, and the share price of Hong Kong Electric Group did not rebound significantly because the big funds that were involved in the speculation were leaving the market and no funds were invested to increase the share price.

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Without big funds to raise the stock price, the stock price will naturally continue to fall.

That is to say, Lin Baicheng asked Yum Securities to buy the stock at the price of 7 Hong Kong dollars, so the stock price of Hong Kong Electric Group did not fall too sharply. Whenever it fell to the price of 7 Hong Kong dollars, it would rebound slightly after a while.

With Lin Baicheng's funds supporting the bottom at the price of HK$7, some funds will naturally enter the market to rebound. Anyway, the stock market in Hong Kong can enter and exit at any time. As long as there is 1% space between entry and exit, investors will also make profits.

of.

The reason why Lin Baicheng is still trading at the price of 7 Hong Kong dollars is because he wants to acquire a sufficient number of shares as soon as possible. Although the acquisition price may be a bit higher, as long as the shareholding ratio continues to approach the 50% line, then Lin Baicheng will basically be in a position of insecurity.

In a place of failure, a little effort is worth it.

While Grant and Fred were being released on bail, Shyyard Schweizer, Henry Kasik, Michael Kadoorie and John Malone were having afternoon tea at the Peninsula Hotel while discussing matters.

"Although Grant and Fred were released on bail, the case has not ended, it has just been postponed by us. With their current situation, I am afraid that Lin Baicheng will kick them both out of the board of directors of Hong Kong Electric Group.

"

"I'm not just afraid, but I'm sure that it was Lin Baicheng's work that brought them in. Lin Baicheng will definitely kick them both out of the board of directors and replace them with his people."

"We only have four board seats in Hong Kong Electric Group, and he currently has the upper hand. What should we do?"

"If we can't recruit either Reeves or Que Gui, then we have no hope."

"I'm afraid it's useless to win over Reeves to our side. Lin Baicheng informed us that a shareholders' meeting will be held after Christmas. He will definitely remove Grant and Fred at the shareholders' meeting, and then replace Reeves with his people.

It will be of no use at the shareholders' meeting."

"Are we just going to give up like this?!"

"Instead of admitting defeat, we are lowering our goals. We no longer focus on fighting for control of the Hong Kong Electric Group, but on causing trouble to Lin Baicheng and preventing the Hong Kong Electric Group from developing this goal."

"If we do that, the shares we hold in Hong Kong Electric Group will become worthless."

"What I'm worried about now is that Lin Baicheng, who has regained control of the board of directors of HK Electric Group, will once again propose a proposal to increase capital and expand shares. At that time, we will either have to invest accordingly, or we will have to allow the shareholding ratio to decrease."

During the discussion, Shi Yadi Shihuaiya expressed the biggest worries of the four people.

John Ma said solemnly: "Since we have decided to lower our target, let's take advantage of Lin Baicheng's current price of 7 Hong Kong dollars to buy stocks. We can sell some of the stocks we hold to him and still sell them at a high price."

For John Ma, it would be best to teach Lin Baicheng a lesson or cause trouble for Lin Baicheng, but the most important thing is not to suffer too much loss in this investment. Although the proportion of the investment this time belongs to him is not very large, but the second

Among the more than one billion Hong Kong dollars, several hundred million Hong Kong dollars belong to him.

Henry Kaiser agreed: "Chairman Ma Cheng is right. Since there is no way to gain control of the Hong Kong Electric Group, there is no need for us to hold more than 30% of the shares of the Hong Kong Electric Group. We have

One or twenty percent is enough."

"I have no objection, Kadoorie, what do you say?"

After Shi Yadi Shihuaiya spoke out, he looked at Michael Kadoorie. He wanted to go against Lin Baicheng, but he also didn't want to pay a high price.

Michael Kadoorie was somewhat reluctant: "Do we have no hope at all?"

John Madan reminded: “When it’s time to admit defeat, it’s better to admit defeat rather than invest more chips.”

Henry Kasik shook his head: "If we really want to continue, the chance is not completely lost, but the investment is too great and it's not worth it."

Shi Yadi Shihuai said solemnly: "As long as we retain a large number of shares, there will still be opportunities. I don't believe that Lin Baicheng will continue to invest in Hong Kong Electric Group, continue to dilute our shares, and allow the company's stock price to remain low.

"

"Since everyone thinks there is little hope, then let's listen to you."

It is difficult to survive alone. Although Michael Kadoorie does not want to give up, without the support of the other three, the Kadoorie family alone cannot achieve anything. Furthermore, as long as they hold shares in the Hong Kong Electric Group, they can continue to influence

The operation of Hong Kong Electric Group is a great thing for CLP Power Company, which can take advantage of the chaos of Hong Kong Electric Group to expand aggressively.

If the scale of China Electric Power Company could catch up with Hong Kong Electric Group, then the losses the Kadoorie family invested in Hong Kong Electric Group would be acceptable because they would be able to earn back from China Electric Power Company.

After making the decision, the four British people immediately notified Yingyao Company and asked people to sell a large amount of stocks. As long as the stock price is higher than 5 Hong Kong dollars, they can continue to sell. Of course, it is not a complete bottom-line of continuous selling of stocks.

Stop selling when you have 20% of your holdings left.

However, there are only about half an hour left in the stock market's trading time today, so it is unlikely that the shares will be sold from more than 30% to only 20%. Shi Yadi Shihuaiya and others only set it up just in case.

It's just a bottom line.

However, in this half hour or so, the stock price of Hong Kong Electric Group plummeted. A large number of Yum Securities' orders at the price of HK$7 were penetrated, and the stock price continued to fall. Even if there were retail investors entering the market to buy the bottom, they could not bear it.

The stock price keeps falling.

As of the close of trading, the share price of Hong Kong Electric Group fell below HK$6, with the closing price remaining at only HK$5.81.

At this time, the total market value of HK Electric Group was only a little over HK$7.6 billion. Compared with the peak period of more than HK$1.2 billion, almost HK$5 billion in market value had been evaporated.

How it went up before is how it will go down now.

More importantly, HKD 5.81 is not necessarily a price that HK Electric Group can stabilize. When the stock market resumes trading after Christmas, the stock price is likely to continue to fall, and the company's market value will become even lower by then.

Currently, Lin Baicheng has completed absolute control of Hong Kong Electric Group. His total shareholding has reached 650 million shares, accounting for 49.618% of the total share capital of 1.31 billion shares. It is basically impossible for anyone to threaten him in terms of shareholding ratio.

For this purpose, Lin Baicheng spent HK$540 million, which can be said to be quite a lot.

And this is not the last money that Lin Baicheng has spent on Hong Kong Electric Group. Just as the British capital is worried, Lin Baicheng will continue to increase capital and expand shares. In order to prevent the shares from being diluted, he will spend an equal proportion of funds to subscribe for stocks, so in

The Hong Kong Electric Group still has to spend money.

In order to prevent the British capital from withdrawing easily, and in order to let the British capital learn a lesson, Lin Baicheng has been mentally prepared that the funds invested by the Hong Kong Electric Group will not bring him benefits in a short period of time, even if he has to pay the price for it

, and will definitely not make things easier for British capital.

If the British capital is not made to pay the price, Lin Baicheng feels that he will be looked down upon by others, and no one will dare to target him and compete with him in the future. In that case, his losses will only be greater.

The closing time of the Xiangjiang stock market is four o'clock in the afternoon. Of course, all companies have not yet got off work at this time.

After Lin Baicheng learned from Anyuan that his shareholding in Hong Kong Electric Group was as high as 49.618%, he immediately announced the good news to Levi's and other company management to stabilize people's hearts and let the management know who was the winner, so that everyone would not

Half-hearted.

"Congratulations, Mr. Lin, you are now invincible."

Levi's was very happy. His choice was indeed the right one. In the battle for control of Hong Kong Electric Group, it was Lin Baicheng who finally won.

Qin Lan said with a smile: "More than being invincible, Mr. Lin, you suddenly acquired a large number of stocks. Those stocks were probably sold by British capital. I think British capital should have chosen to give up."

Lin Baicheng nodded: "It should be the same as Qin Lan guessed, Yingzi must have given up."

Levis asked: "Mr. Lin, what are you going to do next?"

"I plan to continue the capital increase and share expansion plan and force British capital to continue investing, otherwise the British capital will wait for the shares in their hands to be diluted."

Lin Baicheng didn't hide it either. He was not worried about Yingzi knowing his plan at all, because Yingzi could guess that he would do this. Even if Yingzi confirmed the matter, it would be meaningless because Yingzi could not stop it this time.

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Furthermore, even if the British capital tries to stop it this time, as long as Lin Baicheng maintains absolute control of the Hong Kong Electric Group, then as time goes by, it will only be Lin Baicheng who wins in the end, and the capital increase and share expansion plan will be implemented sooner or later.

"Now the British capital will have a headache."

Levis gloated that the last time the British capital tried to target him at the board meeting, he was offended. Now the worse the situation of the British capital, the happier he is.

Lin Baicheng is very happy. Although he has invested a lot in Hong Kong Electric Group, fortunately, he has already established a victory. He will have time to manipulate the British capital later. Of course, Lin Baicheng will not be careless, and he will never give the British capital any comeback.

opportunities, and will not allow British capital to damage the foundation of the Hong Kong Electric Group.

(End of chapter)