Reborn in Hong Kong as a Tycoon

Chapter 349
The next day, Lin Baicheng asked Cheng Yufeng to arrange a team to negotiate with Henry Kessack and the others.

Lin Baicheng told Cheng Yufeng his general idea, and handed over the specific negotiations to them. Finally, he would look over it and decide whether to make a deal.

Leave the matter to Cheng Yufeng and the others, while Lin Baicheng took his bodyguards to play with the big-eyed beauty Guan Jiahui.

Although Guan Jiahui, who was born in 62, is only 16 years old, Lin Baicheng is not going to do anything now. He can cultivate his relationship first. Occasionally kissing or hugging is normal.

Henry Cassack and others were no longer prepared to delay any longer, so the negotiations between the two parties produced results on the same day, and after consulting Lin Baicheng, the decision was made on the same day.

和记黄埔将回购的3520万股股票以每股50港币的价格出售给亨利·凯撒克他们，合计17.6亿港币。这笔款项亨利·凯撒克他们先行支付10亿港币，剩余7.6亿港币以其它公司的股份和地产作为抵押，不过却是价值9亿港币的股份和地产抵押7.6亿港币。

And the unpaid 7.6 million Hong Kong dollars must be paid within one month, otherwise the mortgaged 9 million Hong Kong dollars worth of shares and real estate will belong to Hutchison Whampoa Company, which means that Hutchison Whampoa will earn 1.4 yuan without repaying the money in one month. billion Hong Kong dollars.

But I also know that it is impossible. Even if I find a way to get a loan from the bank, Henry Kessack and others will return 7.6 million Hong Kong dollars to Hutchison Whampoa.

It was only a verbal agreement today, and a formal transaction will be conducted at Hutchison Whampoa tomorrow.

Before the official transaction tomorrow, the Hong Kong government will sell a piece of land near Mong Kok Station, where the subway passes, to Hutchison Whampoa at a price lower than the actual sale price of 3 million Hong Kong dollars. Whampoa and the air side will trade.

Monday, May 12.

At 75 o'clock in the morning, the Hong Kong government sold a 1100-square-foot commercial land in Mong Kok to Hutchison Whampoa at a price of HK$8.25 per square foot, totaling HK$[-] million.

Mong Kok is located in the middle of Kowloon, with well-developed transportation and a large number of people. It is a famous shopping center. Although the land price here is not as expensive as those in Central and Sheung Wan, it is not cheap. The average price per square foot is more than 1000 Hong Kong dollars. The land price in some central areas is even higher It is more than 1300 Hong Kong dollars per square foot.

What we are talking about here is the land price rather than the house price. The house price is only about 300 to 400 Hong Kong dollars per square foot, and there will be some fluctuations depending on the location.

The reason why the house price is cheaper than the land price is because the land sold only calculates the surface area, not how many floors you build. Therefore, the area of ​​the built house must be much larger than the land area, so the house price is actually cheaper than the land price.

The land sold by the Hong Kong government to Hutchison Whampoa is close to Mong Kok Station, where the subway will pass, so the price per square foot has actually risen to 1500 Hong Kong dollars. It was sold to Hutchison Whampoa at a price of 1100 million Hong Kong dollars cheaper.

For the transaction price of 8.25 million Hong Kong dollars, Hutchison Whampoa only needs to pay [-]% of the deposit in advance, and the balance can be extended for one month.In fact, after the short-selling British family returns the money to Hutchison Whampoa, Hutchison Whampoa will then pay the money to the Hong Kong government.

After Hutchison Whampoa bought the land from the Hong Kong government, Hutchison Whampoa signed a share transfer contract with the British British family of the air side represented by Henry Cassack, transferring the 3520 million shares of the company's shares held by Hutchison Whampoa to Transferred to Henry Kesak at a price of 50 Hong Kong dollars per share.

The capital involved in this transaction is as high as 17.6 billion Hong Kong dollars. According to the oral agreement yesterday, 10 billion Hong Kong dollars will be paid in advance, and the remaining 7.6 million Hong Kong dollars will be mortgaged by corresponding shares and real estate.

Because of the relationship that was negotiated yesterday, both parties signed the contract after confirming that there was no problem with the contract and the value of the collateral.

A little after 10:30, the two parties completed the transaction, the stock transfer was completed, the funds were paid, and the collateral temporarily belonged to Hutchison Whampoa.

As soon as the transaction was completed, Hutchison Whampoa issued an announcement, and whether the stock price rose or fell was determined by the market itself.

In this transaction, Hutchison Whampoa can be said to have made a fortune.To repurchase 3520 million shares, Hutchison Whampoa spent 8 million Hong Kong dollars, but sold 17.6 billion Hong Kong dollars, which is equivalent to a profit of 9.6 million Hong Kong dollars.

The profit of 3 million Hong Kong dollars from the land transaction cannot be announced clearly, but anyone who understands it can see that Hutchison Whampoa actually made a profit of 3 million Hong Kong dollars in this land transaction.

The announcement issued by Hutchison Whampoa has a great impact on the stock market. The stock price, which was originally volatile, immediately experienced huge fluctuations. Sometimes it fell sharply, and sometimes it rose sharply. The funds in the market diverged. Available.

This is normal, after all, Hutchison Whampoa sold the stock to the short side at a price of 50 Hong Kong dollars per share on the surface, and the current stock price is more than 57 Hong Kong dollars. If benchmarking is carried out, the current stock price should fall to 50 Hong Kong dollars. Yes, this is bearish reason.

However, the short side bought a large number of stocks from Hutchison Whampoa, indicating that the short side has conceded defeat, and the short side is still short of about 2000 million shares, so they must continue to buy, and a large amount of buying will drive up the stock price. I can think of these Of course, the funds are too much.

After eleven o'clock, the difference between long and short came to a conclusion, and the long side won, and the stock price broke through 60 Hong Kong dollars.

More funds in the market choose to go long. In addition to the reason that the short side may buy a large number of stocks from the stock market, it is also because Hutchison Whampoa sold the repurchased stocks and made a profit of nearly 10 billion Hong Kong dollars. to a month.

A profit of 10 billion Hong Kong dollars is not a small amount for Hutchison Whampoa, which has a market value of more than 200 billion Hong Kong dollars. It is enough for Hutchison Whampoa to earn for several years under normal circumstances. Hutchison Whampoa's share price pulled up.

The short side has not suppressed the stock price at the price of 60 Hong Kong dollars for the time being, nor has it bought stocks from the stock market. There are still more than 100 million shares short of the short side. They went to Bill Harveys and they negotiated again. The price of the stock buys the poor stock.

Henry Kessack and the others said that they had already bought a large amount of stocks from Hutchison Whampoa, and the difference is not much. The price that Hutchison Whampoa sold them was 50 Hong Kong dollars per share. If Bill Harveys and the others did not If sold to them, they will find Lin Baicheng and other shareholders to buy stocks.When they no longer need the stock, the stock price of Hutchison Whampoa will inevitably drop sharply, and the stock in Bill Harveys' hands will not be worth as much as 50 Hong Kong dollars.

Bill Harveys and the others ignored Henry Cassack's fooling around, and only said that their selling price would never be lower than the real-time stock price of the stock. According to Lin Baicheng's instructions, it was absolutely impossible for them to sell the stock at a low price.

(End of this chapter)