Reborn in Hong Kong as a Tycoon

Chapter 266 Nine Longcang Changed Owners

Chapter 266

Lin Baicheng said to Qin Lan: "You ask Yuan Tianfan to come here tomorrow, I have something to say to him."

"Yes!"

Qin Lan wrote down the matter in response.

Qin Lan said: "I have already told Manager An about the fund, and Manager An will start to handle it today."

"The funds for the second fundraising of this fund should not be publicly raised from the outside world. The fundraising period ends on Friday, and how much is raised. After the fundraising is over, remember to report to me the funds raised. amount of funds."

Those officials of the Hong Kong government are willing to hand over more funds to Lin Baicheng, and of course Lin Baicheng will not refuse such a good thing.

If you help these people manage their funds and make money for them, of course your network will be established.Not to mention calling the wind and rain in Xiangjiang, at least they will not be targeted officially. This is a great guarantee.

What's more, if the fund obtains more than 100% profit from operating these funds, Lin Baicheng can get half of it, which is equivalent to using other people's money to make money for himself.Although the money may not be too much, only about tens of millions of Hong Kong dollars, it is better than nothing, and Lin Baicheng does not dislike it.

The reason why the fundraising time is only five days is because the price of gold has been adjusting recently, and Lin Baicheng plans to use the funds raised to invest in gold futures.If the time is too long, he is not sure whether the price of gold will rise again, and the price of around 210 US dollars per ounce is not considered high.

"Ok."

Qin Lan responded, and then reported the affairs of Bailong Commercial Club, Zhiyin Comics, Starlight Company, New Century Software and other companies, but these are just trivial matters. Lin Baicheng only needs to know what happened to these companies.

"If you have nothing else to do, go get busy."

After Qin Lan finished reporting, Lin Baicheng said aloud.

Qin Lan got up and left, leaving behind some documents that Lin Baicheng had to sign personally.

These documents are not only from Hutchison Whampoa, but also from other companies. They are all documents involving relatively large amounts of money or relatively important projects. Therefore, the big boss Lin Baicheng needs to read and sign in person.

Of course, Lin Baicheng has delegated authority to the managers below, but delegation of authority is not unlimited. There must be a certain degree of trust in his subordinates, otherwise the ghost knows whether the other party will cheat him of his money.

Taking Cheng Yufeng, Wei Li and others as examples, maybe they can resist the temptation when faced with 100 million Hong Kong dollars or 1000 million Hong Kong dollars.But if this money is exchanged for [-] million Hong Kong dollars or one billion Hong Kong dollars, whether they can resist it will be a big question mark.

Sometimes, don't give your subordinates the opportunity to betray, it's for your own good, and for the good of your subordinates as well.

Lin Baicheng browsed the documents carefully, and he read each document very carefully. After confirming that there were no problems, he signed and stamped the documents.

The whole morning passed in such a busy way. Even so, there were still a lot of documents left, and Lin Baicheng was still busy in the afternoon.

While eating at home at noon, Lin Baicheng received a call from Qin Lan.

"What happened?"

Lin Baicheng knew very well that Qin Lan would not have called if there was no important matter at this time.

"Mr. Bao Yugang announced in Global Shipping not long ago that he will purchase 50 million Wharf shares from the market at a price of 2000 Hong Kong dollars per share." Qin Lan's voice sounded on the phone.

"10 billion Hong Kong dollars, it seems that Bao Sheng raised a lot of money this time!"

Lin Baicheng couldn't help raising his eyebrows, the price is quite high to be honest.You know, when he just paid attention to Wharf last year, the stock price of Wharf was only around 12 Hong Kong dollars, with a market value of about one billion Hong Kong dollars.

Now Bao Yugang bought Wharf shares at a price of 50 Hong Kong dollars per share. Wharf has a total of 9000 million shares, equivalent to a market value of 45 billion Hong Kong dollars, which has more than quadrupled, and it took less than a year.

Hutchison Whampoa doubled even more, reaching seven or eight times, but Hutchison Whampoa still earned at least 18 billion Hong Kong dollars, while Wharf did not change at all.

However, although the premium is high, since Bao Yugang is willing to buy stocks at this price, it means that he recognizes the market value of Wharf, at least in the long run.

"Mr. Lin, Yum! Securities has a lot of shares in Wharf. Should we sell the shares at this price?"

Qin Lan asked aloud, if it weren't for Yum Securities holding Wharf stocks, she would never have contacted Lin Baicheng at this time.Although this is a big event, if it has nothing to do with Lin Baicheng, she can report it when she goes to work in the afternoon.

"Bao Sheng bought the stock at such a high premium, and even purchased 2000 million shares at one time. Jardine He certainly cannot compete with him. The stock price will not be too high. Let's sell all of them at this price."

Lin Baicheng said aloud that in the long run, the market value of Wharf will definitely exceed this point, but in the short term, in two to three years or even three to five years, if there is not much good news, it will be difficult for Wharf's stock price to exceed the price of 50 Hong Kong dollars.

After all, Bao Yugang bought Wharf at a price of 50 Hong Kong dollars per share, which is already a very high premium, at least overdrafting the profits in the next few years.Unless he can make hundreds of millions of Hong Kong dollars in profits for Wharf like Lin Baicheng did, the price of 50 Hong Kong dollars is at least the highest point in a few years.

"Alright Mr. Lin, I'll contact Manager An right away."

Qin Lan responded and hung up the phone.

At the same time, Henry Kessack, who was at home, also received a report from his subordinates, knowing that Bao Yu had just acquired Wharf stock.

Henry Kessack was taken aback, he didn't expect Bao Yugang to attack suddenly, and the funds were so abundant, he immediately asked someone to contact the management to hold a meeting in the company, and rushed to the company at the same time.

Bao Yu just took out 10 billion Hong Kong dollars in real money to buy stocks. Jardine Matheson was unable to provide such a large amount of funds for a while, and the price of 50 Hong Kong dollars per share was a bit too high. Jardine Matheson was not sure about the same After buying stocks at a high price, whether it can finally keep the control of Wharf.

If it costs a lot of money but fails to retain control, it will be a major harm to Jardine Matheson, and make the already damaged Jardine Matheson even worse.

After discussion, Jardine Matheson decided to give up the control of Wharf, and at the same time sold a batch of stocks at a price of 50 Hong Kong dollars per share, and returned some funds to develop other companies in the group and increase its holdings such as Hongkong Land. The proportion is not very high in the company's stock.

When the stock market opened at noon, Wharf naturally attracted the most attention, and a large number of stocks were traded at a price of 50 Hong Kong dollars.

In less than an hour, Bao Yugang acquired 2000 million shares of Wharf shares, and his shareholding ratio exceeded 40%, making him the largest shareholder of Wharf.The reason why it was so fast was mainly because Jardine Matheson sold a lot of stocks, which made Jardine Matheson a lot of money.

Pao Yu has just become the largest shareholder of Wharf. Although he has to control the board of directors before he can control the company, it is only a matter of time before Wharf changes ownership.

(End of this chapter)

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