Reborn in Hong Kong as a Tycoon

Chapter 348 Achieving Intentions
Instead of talking about the topic in the mainland, Mai Lihao changed the subject and said, "Lin Sheng, today I asked you not only to talk to you, but also because someone asked me to help me as a middleman."

"Sir, please."

Lin Baicheng nodded.

McLehose pondered and said: "Lin Sheng, you must know who is shorting Hutchison Whampoa by now, right?"

"really!"

Lin Baicheng thought in his heart that sure enough, he nodded and said, "I already know about this. Taipan Shen from HSBC told me about it. It was some British-funded families who joined forces to short Hutchison Whampoa."

"It was they who asked me to help as a middleman today."

Mai Lihao nodded slightly, and said: "Now that the stock price of Hutchison Whampoa has risen sharply, they have decided to admit defeat, so they want to buy some Hutchison Whampoa stocks from you, Lin Sheng, to return HSBC to close their positions."

"Sir, my shares are not for sale."

Lin Baicheng shook his head immediately after hearing this, and said solemnly: "Sir, I said at the press conference that the stock price of Hutchison Whampoa would exceed 100 Hong Kong dollars. The stock price will exceed 100 Hong Kong dollars per share. Therefore, before the stock price of Hutchison Whampoa exceeds 100 Hong Kong dollars, I will definitely not reduce my shareholding and sell even one share.”

"Oh? I didn't expect Lin Sheng to have such confidence in Hutchison Whampoa."

Mai Lihao was very surprised when he heard that. Lin Baicheng said at the press conference that the stock price of Hutchison Whampoa would exceed 100 Hong Kong dollars, but many people did not take it seriously, thinking that Lin Baicheng was fooling investors into buying Hutchison shares. Thinking so, I didn't expect Lin Baicheng to say that he was not fooling people, which is quite surprising.

Lin Baicheng smiled and said: "If I didn't have confidence, I would have reduced my company's stock holdings when the stock price was above 60 Hong Kong dollars long before Hutchison Whampoa was shorted. So, I can only say sorry to Jazz, myself The stock is not going to be sold."

After hearing this, Mai Lihao said: "Since Lin Sheng is unwilling to sell the shares in his hand, what about the shares repurchased by Hutchison Whampoa?"

"The shares bought back by Hutchison would have been sold at some stage, so it could have been sold to them, at the right price."

Of course, Lin Baicheng doesn't mind selling the stock to the short side, and the short side's admitting defeat is not unfavorable to him.

McLehose did not bid, but said: "Lin Sheng, the short side decided to admit defeat and buy the stock back to HSBC. This is good for you and Hutchison Whampoa, so I think you can buy it at a slightly lower price. Sell ​​the stock to the short side. In this way, the short side will no longer have the short-selling factor, and will definitely not make troubles for Hutchison Whampoa, otherwise making troubles for the film industry every day is not conducive to the development of Hutchison Whampoa."

"Sir, there are some things we all know very well."

Lin Baicheng was slightly silent, and then said: "The National Taxation Bureau went to Hutchison Whampoa to check the accounts, the General Administration of Customs seized a transport ship of Hutchison Whampoa, and Standard Chartered Bank even filed a lawsuit with Hutchison Whampoa. Everyone Seeing it in my eyes, I really want to know if they can continue to use public tools like this for private use, and suppress Chinese businessmen if they want to suppress Chinese businessmen."

Mai Lihao's face changed slightly, and he said seriously: "Lin Sheng, what are you talking about? Those investigations are in compliance with the procedures. There is absolutely no use of public equipment for private use, and there is no suppression of Chinese businessmen. All of this is a market. free competition."

"maybe."

Lin Baicheng smiled and stopped talking about this topic, and said instead: "Sir, I still say the same thing. As long as the price is right, the more than 3500 million shares repurchased by Hutchison Whampoa can be sold to short-selling British families. However, if you think about my It is absolutely impossible to sell stocks to them at a low price."

Taking a deep look at Lin Baicheng, Mai Lihao asked: "Lin Sheng, how much Hong Kong dollars are you willing to sell these stocks?"

"Since the Jazz is the middleman, I still have to give the Jazz the face. Let's trade at yesterday's closing price of HK$57.3 per share."

Lin Baicheng is very clear that Bill Harveys and the others negotiated a price of 60 Hong Kong dollars per share yesterday. It is meaningless for him to say that the price is higher than 60 Hong Kong dollars, and it can only be lower than 60 Hong Kong dollars.If it can be sold at a price of 57.3 Hong Kong dollars, he is completely acceptable.

"Thank you Lin Sheng."

Mai Lihao expressed his gratitude to Lin Baicheng for giving him face, and then said: "But Lin Sheng, the price is a bit high. They think that if Hutchison Whampoa sells the stock, the stock price will inevitably drop sharply, so there should be a discount , they offered 50 Hong Kong dollars per share."

"this is impossible!"

Lin Baicheng refused without thinking: "Sir, according to what they said, they are eager to buy stocks and return them to HSBC. With their buying, the stock price of Hutchison Whampoa will only go higher. I will sell them at a low price." It’s still good to see the Jazz’s face, and it’s not bad to ask them for a premium, but they even have the nerve to offer me a discount.”

"Sir, I don't think there is any need for us to continue talking. They are not sincere at all. Anyway, Hutchison Whampoa is not so short of funds now. It is not a problem to wait a month or two before selling stocks. They can also wait." Wait, what if the stock price of Hutchison Whampoa has dropped again in the past month or so?"

"Lin Sheng was joking."

McLehose shook his head. The short-selling British families couldn't afford to wait, because they had to pay interest on borrowing stocks from HSBC, and the interest was quite high. If they had to wait for a month or two, unless Hutchison Whampoa The stock price can drop by more than 30% on the current basis, otherwise they will not be profitable at all.

"Lin Sheng, the transaction price is still 50 Hong Kong dollars, but the Hong Kong government will transfer a piece of land to Hutchison Whampoa at a low price. What do you think? If this matter is not over, the struggle between the two of you will not end. Once the struggle escalates, The Hong Kong government is bound to intervene, which I don't want to happen."

Lin Baicheng thought for a while and said, "Sir, the actual transfer price of this land must be lower than the normal price of 3 million Hong Kong dollars. What do you think?"

"can!"

McLehose nodded and agreed. Many British-owned families joined hands and are fully capable of promoting this matter. He does not need to do it, so there is no need for him to bargain.

Lin Baicheng continued: "What's more, I want cash for the shares that Hutchison Whampoa sold to them. And I don't trust them, and I don't accept credit."

"Lin Sheng, this is at least 17.5 billion Hong Kong dollars. I'm afraid they won't be able to raise so much money right away."

Mai Lihao thought for a while and said, "Lin Sheng, how about the specific negotiation between the two of you?"

"fair enough."

Lin Baicheng nodded and did not refuse. Anyway, if the negotiation fails in the end, it will not do him any harm.

Mai Lihao finished talking about the things that Lin Baicheng wanted to talk about today, and then the two chatted about other things while drinking tea, and after another ten minutes, the two left the teahouse.

(End of this chapter)