Reborn in Hong Kong as a Tycoon

Chapter 331 Unexpected Visitor

It will take some time for Hutchison Whampoa to mobilize funds, so after the stock market opens in the afternoon, there is no fund to buy back stocks.

There was no large number of sell orders in the stock market at noon, and obviously the short side did not move either.

Therefore, the stock market at noon is determined by the market itself, at least for the time being, and the stock price fluctuates between 20 Hong Kong dollars and 25 Hong Kong dollars.

Apart from paying attention to the stock market at the beginning, Lin Baicheng didn't pay attention after finding that the short side didn't sell a lot. He just asked people to report to him after major changes in the stock market.

Lin Baicheng, who had not left the Hutchison Whampoa office, welcomed a visitor who surprised him around 02:30.

Shen Congee, the head class of HSBC Bank, came to Hutchison Whampoa without prior contact, saying that he wanted to visit Lin Baicheng.

When Lin Baicheng learned of this, he was very surprised. He didn't understand why Shen Porridge came to visit suddenly, and what he was going to do under the current circumstances.

No matter what Shen Congee's purpose was, Lin Baicheng couldn't even see Shen Congee. He entertained Shen Congee in the office.

"Is there something wrong with Daban Shen coming this time?"

"I mainly want to talk to Lin Sheng about HSBC's reduction of its holdings in Hutchison Whampoa."

"The taipan had already called before reducing its holdings. The shares belong to HSBC. HSBC is worried that Hutchison's stock price will not be able to support and wants to reduce its holdings. I can understand."

Lin Baicheng was polite with a smirk. Although HSBC called Shen Porridge to tell him about it before the announcement in the morning, he was still very angry and upset.But still the same sentence, the shares belong to HSBC itself. If HSBC wants to reduce its holdings in Hutchison, Lin Baicheng has nothing to do, unless he is also willing to cover the stock price of HSBC, which is obviously impossible.

However, although this is HSBC's own business, Lin Baicheng is still dissatisfied with HSBC's shareholding reduction. After that, HSBC is no longer a shareholder of Hutchison Whampoa. Bank of East Asia, etc. to cooperate.

Since HSBC is not on the side of Hutchison Whampoa and Lin Baicheng at the critical moment, why does Lin Baicheng hand over more business to HSBC?Unless there is a large loan demand, or the foreign trade business has settlement needs in London, etc., there is no way but to find HSBC.

If you don't look for HSBC's business, you won't look for HSBC in the future. Since HSBC is in the first grade of junior high school, don't blame Lin Baicheng for the fifteenth grade.

"Lin Sheng, although HSBC is free to buy and sell shares, HSBC has a large number of business contacts with Hutchison. It stands to reason that it should support Hutchison. But this time HSBC also has difficulties and has nothing to do."

Shen Congee sighed, and said in a deep voice: "This time, the short-selling British family includes a large number of British-funded enterprises in Xiangjiang. They have united to put pressure on HSBC, asking HSBC to draw loans from Hutchison like Standard Chartered, but HSBC If you refuse, what you can do is to be neutral and not help each other."

"But then there was a large amount of funds in Hutchison, and the short side had no choice but to put pressure on HSBC again, asking HSBC to reduce its holdings in Hutchison. The directors couldn't bear the pressure, so they had to sell all their shares and leave the market."

"But Lin Sheng, don't worry, no matter what, HSBC will not draw loans from Hutchison like Standard Chartered. Here I can assure you, Lin Sheng, that this kind of thing will never happen."

Shen Porridge pushed everything to the empty British family, as if it was not the decision of the board of directors of HSBC to reduce its shareholding in the end.

"The short sellers will do everything to sell short, let the National Taxation Bureau go to Hutchison to check the accounts, let the General Administration of Customs seize Hutchison's ships, use public equipment for private use, and HSBC is also a victim."

Lin Baicheng nodded slightly with emotion, of course he didn't mean to forgive HSBC by saying that, but if he didn't plan to tear his face apart, it's good to know some things well, there is no need to say it out and slap him in the face.

Just like Lin Baicheng seems to understand HSBC now, but he will still ask Hutchison to hand over some business to other banks to minimize cooperation with HSBC. This is the price HSBC must pay.

"Well, thinking about when they put pressure on me and threatened me, it makes me so angry."

Shen Porridge said this very sincerely, because he really felt angry because of this, and he always remembered the shame at that time in his heart.

"There is no need for Taipan to be angry. I believe their short selling will not succeed. They will lose a lot by then, and they will always have something to ask HSBC in the future."

Lin Baicheng expressed his relief, but he thought in his heart that when the stock price rose, it would mean that HSBC would lose money, and he might regret it.When he thought of such a scene, he felt very happy in his heart. Whoever told HSBC not to choose to stand by him deserved to be sold out!

"If that's the case, HSBC's stock will be sold at a loss, and we must seek compensation from them at that time."

Shen Congee said viciously, but was shocked in his heart, if such a thing really happened, then HSBC would suffer a huge loss this time.For a total of 6000 million shares, if the stock price rises by HK$1 higher than the average selling price of HSBC, HSBC will lose 6000 million Hong Kong dollars, which is definitely not a small amount.

The two chatted for a few more words in the same way.

Afterwards, Shen Porridge talked about something else: "Lin Sheng, no matter what, HSBC's shareholding reduction this time is HSBC's fault. I know you will be very dissatisfied, but I still hope that it will not affect the future of HSBC and Lin Sheng. This time, HSBC was wrong, so in future cooperation, HSBC will make some profit, which can be regarded as HSBC's compensation to Lin Shengyou."

"Since Taipan said so, then I won't be polite."

Lin Baicheng accepted the so-called profit concession with a smile, and said: "Don't worry, Dapan, I will cooperate with HSBC in the future. Unlike Standard Chartered, who actually did such a terrible thing of withdrawing loans, I have decided to return all private loans to Standard Chartered. Let He Huang file a lawsuit with Standard Chartered, at most, repay the loan to Standard Chartered afterwards."

"Standard Chartered has indeed gone too far!"

Shen Cong's heart shuddered, but on the surface he nodded agreeingly.No matter how Lin Baicheng said this, it sounded like knocking the mountain to shake the tiger and killing the chicken to warn the monkey, but as long as HSBC wants to continue to cooperate with Lin Baicheng in the future, then this "warning" must be followed.

After the two chatted for a while, Shen Congee took his leave and left.

"Because I'm a female cousin, I still want to set up a memorial archway!"

After Shen Congee walked out of the office, Lin Baicheng couldn't help but sneered.After HSBC stabbed Hutchison Whampoa in a disguised form, he still thought that Lin Baicheng would continue to cooperate with HSBC as always. It was too good to think, how could he agree.

In fact, Shen Congee also knew that it was impossible for Lin Baicheng to cooperate with HSBC as before, but he came anyway in order to ease the relationship between the two parties and maintain the possibility of continued cooperation in the future.

(End of this chapter)