Reborn in Hong Kong as a Tycoon

Chapter 239 Reaching Their Goals
Monday morning.

Before the stock market opened, Lin Baicheng held a press conference and stated that he had no idea of ​​acquiring Wharf, but was only optimistic about the stock price of Wharf, so he made financial investment.At the same time, Wharf shares will be purchased at a price of 30 Hong Kong dollars per share, and only 1000 million shares will be purchased.

Relevant news soon appeared on ATV's morning news, and other newspapers also temporarily changed the printing content of the newspaper and printed this news on the newspaper.

At this moment, Lin Baicheng holds nearly half of the shares of Hutchison Whampoa. He is the boss of Asia Television and a proper Xiangjiang tycoon.And what the tycoon said is important news, and it is normal to be taken seriously.

For this news, the outside world has different interpretations.

But this news is a huge benefit for shareholders who hold Wharf stocks. You must know that the stock price of Wharf was just over HK$23 when the market closed last Friday, and the price of HK$30 per share directly It has risen by nearly 30%.

It's only two Sundays, and the stock market value in hand has soared by nearly 30%. Is this super positive or something, it's just a pie in the sky.

During the call auction stage in the early trading session, Wharf's share price directly hit the price of 30 Hong Kong dollars per share, and it remained motionless.

"30 Hong Kong dollars per share, do you want to sell it or not?" "Lin Sheng said that he only bought 1000 million shares. It would be great if he joined Wharf's acquisition. The market value of Hutchison Whampoa is nearly 100 billion Hong Kong dollars. Already." "Do you think he will buy Wharf shares again in the future?" "To be honest, Ship King and Jardine hold a large number of Wharf shares, and it is unlikely that Lin Sheng's acquisition will succeed. Big, so it is really possible that he is only making financial investments.” “Since he is making financial investments, then I will follow him in investing and hold stocks all the time, and I will not sell stocks.”.
In the exchange, the stockholders holding shares in Wharf were discussing, discussing Lin Baicheng's acquisition of shares in Wharf, and discussing whether to sell their stocks.

After the stock market officially opened for trading, many investors sold their Wharf stocks in order to keep their pockets safe. However, some investors or institutions were courageous and bought stocks above 30 Hong Kong dollars, which has already pushed up the stock price.

It's just that these people's funds are not large, and they were quickly suppressed by selling orders, and the stock price fell back to 30 Hong Kong dollars. The price of 30 Hong Kong dollars is covered by Lin Baicheng's acquisition, so before Lin Baicheng acquires 1000 million shares, this price will not be broken.

This morning, the stock price of Wharf has risen several times, but unfortunately, there is insufficient funds and there are more selling orders. The stock price is still hit at a price of 30 Hong Kong dollars. Lin Baicheng still bought a lot of stocks at this price.

After the early trading ended, at noon, Jardine Matheson suddenly announced to the outside world that it also bought Wharf shares at a price of 30 Hong Kong dollars to increase its holdings in Wharf.

It is impossible for Jardine Matheson to watch Lin Baicheng buy a large amount of Wharf stocks, so after Lin Baicheng bought Wharf stocks at a price of 30 Hong Kong dollars, he immediately raised some funds to follow up.What Jardine wants is not to buy many stocks, but to raise the share price of Wharf to prevent Lin Baicheng from buying too much.

Not long after the news appeared, Lin Baicheng received a call from Bao Yugang.

"Lin Sheng, thank you this time. Jardine Matheson has now followed up. Since it tore up the agreement on its side, I can now also increase my holdings in Wharf."

The action of Jardine Matheson was exactly what Bao Yugang wanted. As long as Jardine Matheson made a move, Bao Yugang would be able to increase the holdings of Wharf openly, because it was the agreement that Jardine had torn up.And this time, Jardine broke up the agreement. If Bao Yugang had the upper hand again, Jardine would not be able to coordinate through HSBC, because some things can never be done again.

"Bao Sheng is being polite."

Lin Baicheng smiled politely.

Bao Yugang said: "Lin Sheng, as we agreed now, Lin Sheng, if you buy stocks at a price of 30 Hong Kong dollars, you can collect as much as you can. I will find a way to raise funds here. After the funds are in place, I will enter field."

"Don't worry, Baosheng."

Lin Baicheng said with a smile, this was what the two of them had agreed on yesterday.

After a few more polite words, the two ended the call.

Because of Jardine's sudden move, Bao Yugang changed his plan and asked Lin Baicheng to buy the stock at a price of 30 Hong Kong dollars. Jardine could only watch Lin Baicheng buy a large number of stocks, or he could only follow up. Just now, we can increase our holdings in an aboveboard manner.

Now, with Jardine following up, Bao Yugang's goal has been achieved.

And in this case, all Lin Baicheng has to do is to buy all the sold stocks at the price of 30 Hong Kong dollars, and buy as much as he can.

Because the funds are temporarily sufficient, the loan from the Bank of East Asia is temporarily unnecessary. This matter is handled by Bao Yugang, but Lin Baicheng does not need to worry about it.

After the stock market opened in the afternoon, the stock price of Wharf rose sharply again, rushing to above 30 Hong Kong dollars, this time the rise was very strong.After Lin Baicheng acquired the stock, Jardine Matheson also expressed the acquisition, and there is also a possibility of acquisition of Bao Yugang, so the market will naturally have expectations, and 30 Hong Kong dollars can no longer satisfy most shareholders.

Shareholders are reluctant to sell stocks, and many people buy at higher prices. As a result, Wharf's stock price can't go up.

The stock price of Wharf rose sharply, exceeding the price of 30 Hong Kong dollars, and Lin Baicheng naturally couldn't buy the stock.Lin Baicheng didn't care about this. After all, he was helping Bao Yugang to buy stocks, and it was nothing more than making a little less money.

Jardine was even more happy to see the stock price of Wharf rose sharply. Although they also couldn't buy stocks, their purpose was to prevent Lin Baicheng from buying stocks, or to let Lin Baicheng buy stocks at a higher price. Their goal has been achieved.

Bao Yugang said that he had anticipated the changes in Wharf's stock price, and he was very determined to win Wharf. Even if he temporarily bought Wharf at a higher price, he would still be able to accept it.

Therefore, Bao Yugang did not pay attention to the changes in Wharf's stock price, but first approached Shen Congee from HSBC and asked Jardine how to increase its shareholding in Wharf in violation of the agreement.

What can Shen Porridge say? Of course, he pretended not to know about it beforehand, called Henry Kessack, the chairman of Jardine Matheson, and then told Bao Yugang that the agreement between the two parties was void, and Bao Yugang could also increase his holdings of Wharf shares at will. .

When the goal was achieved, Bao Yugang did not refuse to give up, but instead sought loan support from Shen Congee.In order to win the control of Wharf, he also needs to acquire no less than 20% of the shares of Wharf. With the current share price of Wharf, the funds of less than HK$10 billion are not safe enough, and such a large loan is not ordinary The bank can take it out.

(End of this chapter)