Reborn in Hong Kong as a Tycoon

Chapter 350
In the afternoon, Lin Baicheng held a board meeting in Hutchison Whampoa to report to the board of directors on the specific transaction of repurchasing shares, and at the same time discuss the direction of using the profit-making funds.

Of course, it's a discussion, but Lin Baicheng has clearly pointed out that the funds must be invested before the end of December to avoid paying a large amount of taxes. At the same time, the direction of investment has also been determined to be two businesses, real estate and retail.

Although the investment direction has been determined, there are many things to discuss.For example, in the case of real estate investment, whether to build or buy properties, what to build, etc.; in terms of retail, which country to expand to first, who to send to expand, etc. All these must be discussed and decided at the board of directors.

Lin Baicheng grasped the general direction, and the specific affairs were arranged by Wei Li and the others, and he would make the final determination.Over the past year, Lin Baicheng has managed Hutchison Whampoa in this way. So far, the company's operation has not had any major problems.

"Lin Sheng!"

After the board meeting, Guo Henian approached Lin Baicheng.

"Guo Sheng!"

The two shook hands and walked out of the conference room together.

Guo Henian said: "Lin Sheng, this time the company bought a piece of land in Mong Kok from the Hong Kong government. The price is much cheaper. Is it related to the stock repurchase transaction?"

Although the specific transaction of the stock repurchase was reported to the board of directors, the compensation for the difference in the price of the land was not mentioned on the board of directors. After all, this was a private transaction that harmed the interests of the Hong Kong government. It was recorded, how could such a thing be said directly.

If it is accidentally spread, there will inevitably be a disturbance, which will be detrimental to Hutchison Whampoa.

"Guo Sheng saw it."

Lin Baicheng smiled softly, and did not deny it. He knew that even smart people could see it.

"fair enough."

Guo Henian said in a deep voice: "The joint efforts of many British-funded families will definitely affect the Hong Kong government's decision when it is needed. Now they can admit defeat, which is also a good thing for Hutchison Whampoa."

"I think so too."

Lin Baicheng nodded slightly. After all, Xiangjiang is now a British colony. If it is changed to a few years later and the return of 97 is confirmed, it will be different.Although the Hong Kong government still manages Xiangjiang, it is not so easy to ignore the judiciary and do something.

So, for businessmen, it is very important to have a strong motherland as the backing, otherwise their assets abroad will be threatened at all times.

Nodding his head, Guo Henian changed the subject and said, "Lin Sheng, thanks to you this time, Brother Huo, Bao Sheng, Zheng Sheng and I all made a fortune, so we just wanted to hold a banquet to thank you Tell me, when do you have time?"

"I'm going to the United States before Christmas, maybe before the 20th, Guo Sheng, you can decide the specific time."

Lin Baicheng didn't refuse. The relationship between everyone needs a lot of contact to get better. If you don't move around a lot, how can the relationship get better?
"There is still more than a week, no problem, we will contact Lin Sheng in advance when the time is determined."

Guo Henian nodded in response, and did not ask Lin Baicheng what he was going to do in the United States before Christmas.

After the two chatted for a few words, Guo Henian took his leave and left.

Lin Baicheng did not stay at Hutchison Whampoa until after get off work, and left the company at four o'clock to go to Yum Securities.

Here at Yum Securities, someone has already come here to wait for him.

"Haruko! Vivien!"

Lin Baicheng met Haruko Mori and Vivien Kelly in his office of Yum Securities.

"Chairman!" "BOSS!"

Lin Baicheng greeted the two of them to sit down on the sofa.

Lin Baicheng said to the two: "After you two return to the United States, you will develop the Golden Fleece Company. I hope you can make achievements as soon as possible."

Vivien Kelly said immediately: "Boss, don't worry, we will definitely not let you down."

Haruko Mori also echoed, and she is now also a member of the Golden Fleece Company.

Nodding his head, Lin Baicheng asked, "Is the negotiation with Henry Keswick continuing today?"

"The negotiations were over before three o'clock."

Vivien Kelly replied: "Their bid is still below 55 Hong Kong dollars, while our asking price is more than 60 Hong Kong dollars. The price difference between the two parties is at least 10%, so there is still no negotiation."

"Not in a hurry for now."

Lin Baicheng nodded: "It's best if we can negotiate a deal. If we can't negotiate, there will be no loss. Just sell slowly. Speaking of which, I asked you to start selling after the stock price exceeded 60 Hong Kong dollars. In the morning, the stock price of Hutchison Whampoa broke through 60. Hong Kong dollars, how many shares have you sold today?"

"Not long ago, Bill's assistant called and reported the matter."

This time it was Haruko Mori who spoke out, and she said: "According to your request, sell the stocks slowly without suppressing the stock price, so the number of stocks we sell is not many, only 200 million shares. The average price was 60.7 Hong Kong dollars, and about 1.2 million Hong Kong dollars was withdrawn.”

"Take your time, don't rush."

Lin Baicheng smiled. The closing price of Hutchison Whampoa today was 61.15 Hong Kong dollars. If he hadn't asked the offshore company to sell the stock, the stock price would have risen even higher.However, the stocks of the offshore company must be sold, otherwise Lin Baicheng's [-] million US dollars of funds will remain with the broker as a margin, and the interest of the financing will be paid every day.

The reason why it was only US$30 million was that the US$[-] million that was transferred later as a deposit was transferred away after the stock price of Hutchison Whampoa exceeded HK$[-], because no more deposits were needed at this time.

Vivien Kelly asked aloud: "Boss, the company has made a lot of money this time, do you have any arrangements for the profit?"

Lin Baicheng glanced at Vivien Kelly: "You want me to invest the funds in the company and give you more funds to operate?"

"I know I can't hide it from you, BOSS."

Vivien Kelly nodded and admitted that she really thought so.

"There's no rush in advance, let's wait until the funds from selling the stocks are repaid to the brokerage's financing."

Lin Baicheng shook his head. He has not yet decided what to do with the funds. After all, the stocks have just started to be sold, and the money has not yet been seen. It is meaningless to think so much.

Seeing what Lin Baicheng said, of course Vivien Kelly couldn't ask any more questions.

After Lin Baicheng chatted with Haruko Mori and Vivien Kelly for a while, he sent them to the airport.

Today, Haruko Mori and Vivien Kelly will return to the United States with some staff. After all, the Golden Fleece Company has just been established, and the two veterans cannot leave for too long. They will hand over the company to the newcomer Sun Yiyang for a long time.

Anyway, Bill Harveys and Doug Gordon stayed in Xiangjiang with the rest of their staff, and Hutchison Whampoa's stocks were operated by them.

(End of this chapter)