Rebirth: The Era of Hong Kong Tycoon

Chapter 176 [Cooperation with HSBC]

On November 11, the Board of Directors of Dairy Milk issued a news release, declaring that it would continue to hire the internationally renowned financial company - Luo Fuqi & Sons (London) Co., Ltd. as a financial advisor.The next day, Milk and Luo Fuqi published a full-page advertisement in "Sing Tao Daily", appealing to shareholders to make decisions cautiously and waiting for further notice from the board of directors.At the same time, it was reported that Milk's executive director Ke Lun (general manager) had hurried back to Hong Kong.

The two sides sharpened their swords and prepared to fight head-on.

On November 11, Milk continued to publish advertisements, unequivocally rejecting Hongkong Land's acquisition plan, and continued to call on shareholders not to accept Hongkong Land's acquisition proposal.

Hongkong Land reacted quickly and accepted the offer. At 10:11 a.m. on the same day, Jacques Fu and Walterly held a press conference in the board meeting room of Hongkong Land in Gloucester Row, announcing the acquisition and urging milk shareholders to transfer ownership as soon as possible. Acceptors must register at the 'Central Registration Office' on Pedder Street before November 29.

Milk resisted, and Landmark launched a fierce attack. The stock market reacted immediately, and it was rumored that Landmark offered more attractive acquisition terms in order to succeed;In an instant, the market also rose, and the Hang Seng Index broke through 700 points.

The hotter the stock market, the more investors wanting to enter the market. There is a general sign that everyone in Hong Kong is investing in stocks and everyone is getting money from the stock market.

On the same day, Lin Rongheng came to the office of Galaxy Securities again.

Ye Tianhe came to the office in a hurry and said, "Boss, the milk stock has risen to 245 Hong Kong dollars per share, and Landmark has also risen to 116 Hong Kong dollars per share!"

Lin Rongheng's first thought was: "Don't make the last penny!"

With the amount of your own funds, if you sell at the highest point, unknown factors are likely to occur, so plan ahead.

After thinking for a moment, Lin Rongheng said: "Today, polish the milk company stock in our hands, so as not to cause turmoil. I bought a large amount of milk company stock from HSBC Securities!"

Hearing this, Ye Tianhe was shocked. He had guessed that the boss had bought a large amount of stocks elsewhere, but now it was finally confirmed.

"Well, boss, don't worry, the market is booming. We only hold 3500 million Hong Kong dollars worth of milk shares, and the market will digest it soon!"

Lin Rongheng nodded. Today, the daily trading volume of the Hong Kong stock market is around 4 million Hong Kong dollars, and the milk company is even more popular among the hot spots. Naturally, there are many people who are speculating.

After Ye Tianhe left, Lin Rongheng figured that it was time to contact the Hong Kong offices of the five major gold merchants.

Since the Hong Kong government abolished the import and export control of gold in 1971, the world's five largest gold merchants have come to Hong Kong to set up business; since Lin Rongheng decided to invest in spot gold, it is naturally best to store one-third of it in Hong Kong, which is about 30 tons. It's for security reasons.

The reason why I don’t store more is because the cost of buying spot gold in Xiangjiang is higher than that in Zurich and London because of the cost of shipping and taxes.

Before contacting the five major gold merchants, Lin Rongheng had to contact HSBC and ask them to make a loan.

In the afternoon, Lin Rongheng came to the office of Sanders, chairman of the board of directors of HSBC Bank, and Sandas specially asked Shen Bi to accompany him.

Today, Lin Rongheng is also the chairman of the boards of directors of three listed companies, and manages a business empire of nearly 50 billion Hong Kong dollars. Evergrande Real Estate's annual net profit is close to that of HSBC; therefore, HSBC definitely regards Lin Rongheng as the best partner.

Shen Bi asked: "Mr. Wu's visit this time, could it be that Evergrande Real Estate has made some big moves?"

Lin Rongheng said with a smile: "Evergrande Real Estate has indeed made a big move recently, but it has not yet finalized the plan. I am here this time for personal investment matters. I don't know if you two know. I am investing through HSBC Securities. 8000 million Hong Kong dollars for stock speculation, and now the total market value has more than 3 million Hong Kong dollars?"

There is no way not to know that it is a leveraged loan of 4000 million Hong Kong dollars!

Shen Bi and Sandas nodded. They had to admire this financial talent in their hearts. There are many people in Hong Kong, but absolutely no one earns as much as him!

Shen Bi said: "Of course I know, after all, this is a huge loan business for us!" The implication is that we didn't deliberately inquire about your investment information, but that the loan is huge, and there is no reason for HSBC executives not to know.

Naturally, Lin Rongheng didn't care, he was the long-term investor, so how many people could have the patience of himself; for example, those few inspectors told them the opportunity to make a fortune, but they couldn't grasp it well.

"That's it! I plan to close my position in the next few days, so that I can get a huge amount of liquidity, so I plan to continue investing in spot gold, which is about 5 million Hong Kong dollars. I hope to cooperate with your bank!"

Even though HSBC is rich and powerful, the two masterminds of HSBC couldn't help being shocked. This businessman, who is only in his 20s, dares to have such courage.

Shen Bi asked: "Are you going to let us HSBC buy it on your behalf, or just entrust us with the deposit business?"

Shen Bi's words made Lin Rongheng change his mind immediately. HSBC is already the top five gold in later generations, why let them negotiate with the top five gold merchants and buy it on their behalf, and he only needs to pay a commission.

After thinking for a moment, Lin Rongheng said: "I will raise 5 million Hong Kong dollars in cash recently, and hand them over to HSBC to buy spot gold and store them in the HSBC vault; but I need HSBC to provide a loan of the same value to buy another 5 million Hong Kong dollars. Gold is also stored in the HSBC vault. I wonder if HSBC can do this business?"

With an investment of 10 billion Hong Kong dollars, this guy really doesn't have the guts of a charter king at all!
No, charter king belongs to stable development, this one is adventurous, it is still very different, but both are Chinese businessmen with great courage.

Sanders quickly agreed: "There is no problem! Our HSBC Bank has an excellent reputation and has many businesses, and the gold business is also an important part."

After reaching a preliminary agreement, Lin Rongheng stood up and said goodbye, planning to go to HSBC Securities to arrange the liquidation.

After Lin Rongheng left, Shen Bi said to Sandas: "Could it be that this person has the ability of a prophet? Stock investment and gold investment are all invincible."

Shen Bi recalled what Lin Rongheng said to him at the beginning, and now it has all been fulfilled, coupled with Lin Rongheng's investment skills, that's why he said this.

Sanders said with a smile: "It seems that his investment is very risky, but in fact it is not a stable investment! Judging from his participation in stock trading in May and June last year, he chose the most appropriate time to enter the market, and the stocks he bought were also blue chips. , and now closing positions is at the most unreasonable time in the market. All these show that he is a financial investment genius!"

When Shen Bi thought about it, it was really like this, and said with a sigh: "No wonder the American consortium is willing to cooperate with him and give him a huge loan of tens of millions of dollars. The only thing that makes people puzzled is that he once said that Evergrande Real Estate is a joint venture between him and him. The big American family is jointly operating, but there is no sign of Evergrande's shareholding, and there is no shadow of the big American family, so is the big American family so reassuring about him?"

Sandas said with a smile: "I don't know, but there must be a shadow of American capital behind him, otherwise he has the strength to develop so fast!"

Everyone believed in Lin Rongheng's background. After all, Lin Rongheng's inexhaustible dollars were the best proof.

(End of this chapter)