Reborn in Hong Kong as a Tycoon

Chapter 274 Lin Baicheng's Thoughts
Cangjiang Industrial is also acquiring Wheelock’s Federal Building and International Building, and Hutchison Whampoa soon found out, because Wheelock needs to use Cangjiang Industrial to raise the price, so of course we must take the initiative to inform Hutchison Whampoa this matter.

Negotiations for the acquisition were underway, and Wei Li, who learned about it, reported it to Lin Baicheng.

The reason why Wei Li reported to Lin Baicheng was because Lin Baicheng instructed him to suppress Cangjiang Industrial as much as possible, so of course he had to report to Lin Baicheng about the important acquisition of Cangjiang Industrial, not to mention that the acquisition targets of the two parties overlapped this time.

"Li Jiacheng is also buying Federal Building and International Building, and it's earlier than us? Where did Cangjiang Industrial get so much money?"

After hearing Wei Li's report, Lin Baicheng was very surprised.Although Lin Baicheng was not a director of Cangjiang Industrial because he was rejected by Li Jiacheng because of too few shares, and he could not know the major decisions of Cangjiang Industrial, but he knew exactly how much assets Cangjiang Industrial had.

The current market value of Cangjiang Industry is more than 8 million Hong Kong dollars, but its net assets are only a little over [-] million Hong Kong dollars. Even if it takes a loan from a bank, Li Jiacheng is capable of borrowing up to [-] million Hong Kong dollars.However, according to Hutchison Whampoa's evaluation, the Federal Building and the International Building are around [-] million Hong Kong dollars. It is reasonable for Cangjiang Industry to not have so much money for acquisitions.

Wei Li said aloud: "Cangjiang Industrial has already investigated the acquisition of Federal Building and International Building. It is indeed earlier than us. The two sides had a good negotiation, but because of our sudden intervention, Wheelock temporarily stopped. The negotiation with Cangjiang Industry is obviously to take advantage of the opportunity to raise the price."

"As for where Cangjiang Industrial got so much money, I think there is no other possibility other than borrowing from the bank. Among all the banks in Xiangjiang, the only bank that is capable of giving such a high loan amount to Cangjiang Industrial at one time is Then after several companies, if you want to check, you can still find out.”

"Since you can find it, let's find time to look it up."

The first thing that came to Lin Baicheng's mind was HSBC, but you can find out if it is HSBC after you check it out.

"Li Jiacheng is my opponent, and Hutchison Whampoa has been suppressing Cangjiang Industrial. Since there are banks that support Cangjiang Industrial, it is impossible not to investigate."

"Mr. Lin, with the current strength of you and Hutchison Whampoa, you don't need to take Cangjiang Industry into your heart at all. The two sides are not at the same level at all."

Wei Li said aloud that he felt that Li Jiacheng and his boss were not at the same level at all, and there was no need to treat Cangjiang Industry so seriously.

"Don't underestimate Li Jiacheng. If you can suppress Cangjiang Industry and prevent Cangjiang Industry from having more room for development, then I will be satisfied."

Lin Baicheng shook his head. He would not underestimate Li Jiacheng, and he did not think that Li Jiacheng could be easily and completely defeated.Li Jiacheng is optimistic about the development of the Hong Kong real estate industry, so as long as his development direction does not change, even if Hutchison Whampoa targets him, at most it will only develop a little slower, and he will not be killed at all.

Unless, just like Li Jiacheng shorted Hutchison Whampoa last time, Li Jiacheng suffered a similar loss, which could weaken Li Jiacheng's strength, or even defeat Li Jiacheng.

It's a pity that Lin Baicheng didn't even know that Li Jiacheng hardly lost money last time.After all, let alone Lin Baicheng's opponent, even Feng Jinxi, his partner, didn't know that Li Jiacheng had almost no losses. There were only a few people who knew about it, and they were all Li Jiacheng's cronies.

"Mr. Lin, don't worry, with the strength of Hutchison Whampoa, it will definitely not let Cangjiang Industrial develop smoothly."

Wei Li immediately said that he still has this confidence.

"Mr. Lin, there is competition from Cangjiang Industry this time, what should we do better?"

"Do you have any ideas?"

Lin Baicheng kicked Wei Li's question back.

Wei Li organized his words and said carefully: "Mr. Lin, there are many opportunities to suppress Cangjiang Industry. We don't have to take down Ocean Center, Federal Building and International Building because of the existence of Cangjiang Industry. I think We should stick to the bottom line, once the prices of these three properties are higher than the reserve price set by the company, then give up and go to acquire other properties.”

"I know your worries, don't worry, I'm not stupid."

Lin Baicheng couldn't help smiling after hearing this, and waved his hands and said, "I really want to suppress Cangjiang Industry, but unless I can kill Cangjiang Industry, I won't harm my own interests in order to suppress Cangjiang Industry. Besides, Cangjiang Industry If Jiang Industrial can’t buy Wheelock’s property, it can also buy other properties, and we can’t stop it again and again, so there is no need for emotional disputes.”

"Boss Lin, what you said is true."

Wei Li heaved a sigh of relief when he heard the words. He was worried that his boss was young and vigorous, but now it seems that he is overthinking.

Lin Baicheng said solemnly: "Don't pay attention to Cangjiang Industrial, as long as Wheelock's bid exceeds the company's bottom line, then reject the acquisition and change the target."

"Yes, Mr. Lin!"

Weili nodded yes.

After a while, Wei Li left the office.

After Wei Li left, Lin Baicheng pondered, wondering if there was a better way to target Cangjiang Industry.

"It seems that we still need to target Cangjiang Industry in the real estate industry."

After a while, Lin Baicheng secretly thought in his heart that apart from targeting Cangjiang Industry in the real estate industry, other means would not be of much use to Cangjiang Industry.

As for the real estate industry, it is nothing more than targeting land, building materials, and selling houses.

"It seems that I need to step up the acquisition of those companies. This will not only better target Cangjiang Industry, but also prevent my own real estate from being targeted."

Lin Baicheng soon had a general idea, and he decided to find time to discuss it with a few assistants to see if it would work.

Hutchison Whampoa is now strong and has a lot of talents. Therefore, it is not only talking with Jardine Matheson and Wheelock, but also talking with other acquisition target companies, and multiple teams are attacking together.

In this way, it can also give a false impression to all parties, that is, Hutchison Whampoa has many choices, but the properties to be acquired are limited, so that the target company can be avoided.

Soon, Jardine Matheson gave Hutchison Whampoa a clear answer that the Golden Gate Building could be sold, but the price had to be discussed.

At the same time, Wheelock also gave an answer, that is, the Ocean Center will not be sold, and only the Federal Building and the International Building can be discussed.However, Wheelock also indicated that Cangjiang Industrial also has an acquisition intention, so the price needs to be discussed carefully.

Both groups intend to sell the property to return funds, but both want to sell at a high price, and what Hutchison Whampoa has to do is to negotiate the price within the bottom line, the lower the better, if it exceeds the bottom line, it can only choose to give up.

(End of this chapter)