Reborn in Hong Kong as a Tycoon

Chapter 128 Lin Baicheng's Means

Chapter 128 Lin Baicheng's Means
After the call auction started in the morning, a large number of shareholders sold Hutchison Whampoa shares to Lin Baicheng at a price of HK$9 per share.Compared with yesterday's closing price of HK$7.45, this price represents a premium of about 20%, which is quite satisfying for many investors.

Of course, Lin Baicheng should be thankful that he bought Hutchison Whampoa in the past, and the Wharf acquisition battle in his previous life did not break out.Otherwise, the stock price of Wharf in the previous life more than tripled during its acquisition, and the highest price exceeded HK$100. Not to mention, the short-term triple increase alone can make many shareholders have great expectations for the acquired company, and the 20% premium is simply not enough. Satisfying.

It is different now, this is the first acquisition, and the Qi Dezun family has not yet come forward to say that they want to fight for control, so there is no room for imagination, and many shareholders who are satisfied with the 20% premium began to sell their shares.

Of course, there are some investors who still want to take another look to see if the stock price will go up. After all, Lin Baicheng wants to buy 6000 million shares, and there is no need to rush to sell the shares immediately.

It was more than 9 Hong Kong dollars. At this time, no big funds dared to buy a large amount at such a high price. They competed with Lin Baicheng for tickets, mainly because they were afraid of getting themselves into the trap.

Even Li Jiacheng, who bought Hutchison Whampoa stocks yesterday, did not buy a lot of stocks above 9 Hong Kong dollars, because he did not have much capital and the number of stocks he could buy was limited. Even if he bought some stocks above 9 Hong Kong dollars, he could If Lin Baicheng buys a sufficient number of stocks at 9 Hong Kong dollars, his buying will become a long-term holding.

Li Jiacheng wanted to make a short-term profit instead of holding it for a long time. After all, as the newspaper said, after Lin Baicheng became the largest shareholder of Hutchison Whampoa, no one could predict whether the company would develop well. .

However, Li Jiacheng did not believe the reports of many newspapers today. How could there be so many newspapers unanimously not optimistic about Lin Baicheng? He guessed that this was a trick played by Lin Baicheng in order to let the stockholders sell their stocks to him.

Just as Li Jiacheng guessed, the reports on Lin Baicheng that are not optimistic about Lin Baicheng in today's newspapers are written by himself. Cheng Yufeng asked people to contact the newspapers and spent money to let these newspapers report the news that is not optimistic about Lin Baicheng. Don't have too much expectation for this acquisition, and quickly sell the stocks in your hands, and then buy enough stocks at a price of 9 Hong Kong dollars per share.

However, a premium of about 20% is only acceptable to Lin Baicheng.

The Hutchison Whampoa shares that Lin Baicheng bought from HSBC were not in the same account as the Hutchison Whampoa shares he originally held. Therefore, while carrying out negative publicity in the newspapers, Lin Baicheng also arranged for people to sell those shares. To him, merged on the same account.

Although doing so will waste some handling fees, it seems to the outside world that stockholders will sell a large number of stocks to Lin Baicheng. The shorter Lin Baicheng buys a large number of Hutchison Whampoa stocks, the more investors are not optimistic about Lin Baicheng becoming a major shareholder of Hutchison Whampoa. After the future development of the company, those who still hold stocks will be worried, and will not be able to help but follow the trend and sell their stocks.

In the first 5 minutes, under Lin Baicheng's deliberate arrangement, a large number of his stocks were sold by the people he arranged to the employees who were buying stocks, and the number of Hutchison Whampoa stocks purchased directly exceeded 200 million shares.

In the second 5 minutes, the staff of Yum Securities announced that they had acquired a total of about 500 million shares.

In the third 5 minutes, the staff of Yum Securities announced that they had acquired a total of about 1000 million shares.

In the fourth 5 minutes, the acquired stock became about 1500 million shares.

In the fifth 5 minutes, the acquired stock became about 2000 million shares.

In the sixth 5 minutes, the acquired stock became about 2500 million shares.

The number of shares acquired increased by about 5 million shares every 500 minutes, and nearly half of them were acquired in just half an hour.

Among them, almost 1200 million shares of Lin Baicheng's 1000 million shares were used up, all of which were used in the first five 5 minutes, and the number of shares actually acquired in the sixth 5 minutes was already extremely close to 500 million shares.

No way, the stockholders don't know that a large part of these acquired stocks are actually Lin Baicheng's own stocks, and he just changed his left hand to his right hand.

From the perspective of stockholders, more and more people are selling stocks to Lin Baicheng at 9 Hong Kong dollars per share. Judging from this situation, it is entirely possible for Lin Baicheng to buy 6000 million shares this morning and then stop buying.

And once Lin Baicheng acquires 6000 million shares, it seems to the outside world that his shareholding in Hutchison Whampoa will reach 40%, becoming the largest shareholder, and the control will fall into his hands.At that time, Lin Baicheng had no need to buy Hutchison Whampoa stock, and no one would compete with Lin Baicheng, and the stock price would definitely fall.

Therefore, while the current stock price is still 9 Hong Kong dollars per share, it is the best choice to sell the stock to Lin Baicheng as soon as possible.

When the actual number of stocks acquired every 5 minutes exceeds 500 million shares, Lin Baicheng no longer needs to control it deliberately, and reserves 200 million shares for the first time, without turning his left hand to his right hand.

In just one hour, Lin Baicheng arranged for the staff of the four major exchanges to acquire 6000 million shares of Hutchison Whampoa.Among them, 1000 million shares were bought by Lin Baicheng from his left hand to his right hand, and the remaining 5000 million shares were actually bought from shareholders. The cost price was 9 Hong Kong dollars per share, which cost Lin Baicheng 4.5 million Hong Kong dollars.

When the staff of Yum Securities announced that they had acquired enough stocks and would no longer buy Hutchison Whampoa shares, the stock price of Hutchison Whampoa plummeted immediately, and fell very hard. It was caused by a large number of stockholders who sold their stocks and were not optimistic about the future of Hutchison Whampoa.

From the outside world, Lin Baicheng holds 16200 million shares, accounting for 40.5% of Hutchison Whampoa's total share capital, but the real situation is that Lin Baicheng only has 15200 million shares, accounting for 38% of the total share capital.

Therefore, after completing the acquisition of the so-called 6000 million shares, Lin Baicheng did not really stop buying stocks, but asked Anyuan to arrange for people to continue buying after the stock price of Hutchison Whampoa fell below 7 Hong Kong dollars. It's not the account with a large number of shares, so as not to be found that he is still buying.

After arranging for people to continue to buy stocks from the stock market, Lin Baicheng ignored it for the time being, but asked Cheng Yufeng to notify Wei Li, the president of Hutchison Whampoa, that he would go to Hutchison Whampoa in the afternoon, and let some of the highest-ranking Hutchison Whampoa Remember to be there when the senior management arrives.

Wei Li was very helpless when he learned of the situation. He did not expect Lin Baicheng to buy a large number of shares so easily, and his shareholding ratio reached 40%.

Obviously, with the change of the company's first shareholder, the controlling power will also become Lin Baicheng. Therefore, facing the notice from Lin Baicheng, Wei Li can only choose to cooperate.

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(End of this chapter)

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