Reborn in Hong Kong as a Tycoon

Chapter 412 March

In December 1978, the Third Plenary Session of the Eleventh Central Committee of the Mainland decided to reform and open up. This incident attracted the attention of many countries.

Because of the special situation on Xiangjiang's side, it goes without saying that it has received much attention.

Just at the end of January of 79, the Mainland established the Shekou Industrial Zone.

Under such circumstances, the Hong Kong Merchants Bureau established in the Mainland will naturally bear the heavy burden of attracting foreign investment, and Xinhua News Agency, which has an important position in Xiangjiang, will naturally assist the comrades of the China Merchants Bureau in the relevant tasks of attracting investment.

And in March, the leaders of the China Merchants Group from the mainland came to Xiangjiang and contacted the business community of Xiangjiang through Xinhua News Agency.

As the richest man in Xiangjiang, Lin Baicheng is also a young new force, has mastered the media channels, and is close to the mainland, so he is naturally one of the key targets for China Merchants to attract investment.

The leaders of China Merchants first visited Huo Yingdong, an entrepreneur who has always supported the mainland, and then invited Lin Baicheng to meet him through Huo Yingdong and the two presidents of Xinhua News Agency, Wang Yiping and Li Fuquan.

Wang Yiping and Li Fuquan told Lin Baicheng about this before, and Lin Baicheng also promised them. Of course, he would not go back on his word, so he met with the leaders of China Merchants who came to Xiangjiang from the mainland.

During this meeting, the leaders of China Merchants mainly invited Lin Baicheng to invest in the Shekou Industrial Zone in the Mainland.At present, Shekou is the only place in the mainland where foreign investment is allowed. Even if you want to invest in other places, people still don't accept it, and the reform and opening up has not yet reached that level.

Lin Baicheng agreed to this matter, but said that he may not have time in the next few months. He can only promise to visit Shekou this year, but the specific time of the past cannot be determined now.

Lin Baicheng is not evading, but there is news recently from Galaxy Games that the development of the company's game console has reached the last juncture, and it will be completed in a short time.And once the development of the mainframe is completed, Lin Baicheng will definitely go to the United States to promote his own products.

At present, the specific sales price of Galaxy game hosts has not yet been determined, but based on 200 US dollars, it is 840 Hong Kong dollars when converted into Hong Kong dollars, which is more than a month's salary for ordinary people. How can ordinary families afford this.In addition, Xiangjiang's market is too small to compare with that of the United States.

Therefore, the main markets for Galaxy game consoles are the United States, Japan, and European countries, and only those countries with better economies can afford them.If the market is aimed at Xiangjiang and Southeast Asian countries, then don't even think about it, the company's mainframe will definitely hit the street, and the cost will not be recovered.

The reason why Lin Baicheng wanted Galaxy Games to go public in the United States was not because the company relied too much on the markets of the United States and other countries. Once it did not choose to go public and was suppressed by capital through administrative power, the company would not be far from death.

Lin Baicheng sincerely expressed that he would definitely go to Shekou. The leaders of China Merchants Bureau could not say anything other than expressing their gratitude. It is impossible to ask Lin Baicheng to go within a certain period of time, right?If this is the case, then there is no need to think about their work, and it can scare to death a lot of businessmen who are waiting and watching.

After that, the leaders of China Merchants also contacted other inland-oriented or neutral businessmen, lobbying them to visit Shekou and invest there.

At first, many people were tempted and agreed to go, but at this moment, the Hong Kong government spread the news that the governor of Hong Kong, MacLehose, was going north to the mainland this month to meet with high-level officials in the mainland.

As soon as the news came out, those who were originally excited immediately chose to wait and see, planning to wait until the end of Mai Lihose's trip to the mainland.

Xiangjiang is currently a British colony in name, but there are only ten years left before the return, so the two countries will definitely discuss this issue. Under such unclear circumstances, businessmen will naturally not choose to take risks and wait and see is the best decision.

Faced with this situation, the leaders of the Mainland China Merchants Bureau felt a little helpless. They could only stabilize the remaining people who had not changed their attitudes, that is, Lin Baicheng and others.As for investment promotion work, we can only wait until the end of Mai Lihao's trip to the north. It is true that no one listens to too much talk now.

This matter does not have any impact on Lin Baicheng, anyway, he will definitely go to Shekou, expressing his willingness to invest in the mainland, but there is no time to pass it.

However, under such circumstances, a piece of news spread loudly in Xiangjiang.

Hutchison Whampoa announced the sale of the company's foreign trade business. The company's foreign trade business will be sold as a package and auctioned at a reserve price of 17 million Hong Kong dollars. All capable buyers are welcome to participate in the auction. The specific auction time is on the 5000th of this month. Any Buyers who intend to participate in the auction can conduct due diligence on Hutchison Whampoa's foreign trade business after submitting a deposit of [-] million Hong Kong dollars.

Today is the 17th, that is to say, there are still ten days before NO.[-], and buyers have ten days to consider and prepare.

As soon as the news spread, the stock market reacted immediately.Hutchison Whampoa is a listed company, and the foreign trade business is one of the most profitable businesses of Hutchison Whampoa at present. The sale of this pillar industry, plus a turnover of at least [-] million Hong Kong dollars, will be a ghost if the stock market does not respond.

The reaction of the stock market was that the stock price of Hutchison Whampoa immediately rose sharply. From a long-term perspective, selling a pillar industry is not a good thing. But for the current shareholders, the transfer of large assets has allowed the company to obtain a lot of money. , at least in the short term, is good for the company.

Although from an investment point of view, you should invest in companies that have been operating well for a long time, but the vast majority of people who trade stocks are in the short-term band, and most investors pay more attention to the short-term increase in the company's stock price.

The stock price of Hutchison Whampoa, which was fluctuating at around HK$65, launched a sprint to the high of around HK$70 that day, but it was quickly suppressed, and the closing price of the day only rose a little.

The reason for this is that Lin Baicheng's offshore company took advantage of the good news and sold some stocks, which caused too much pressure on the upper side and insufficient buyer power, so the stock price naturally couldn't rise.

According to the judgment of Lin Baicheng's staff, Hutchison Whampoa's stock price is likely to fall below 60 Hong Kong dollars in the future if there is no favorable situation. After all, the company's increase last year was too great.The reason why the stock price has been able to maintain such a high level is due to the large amount of investment profits last year. Unless there are similar benefits this year, it will be difficult for the company's stock price to adjust.

Under such circumstances, Lin Baicheng's offshore company may not be able to sell all the billions of Hong Kong dollars of stocks held above the price of 60 Hong Kong dollars. It can only be said that it can sell as much as it can first sell above 60 Hong Kong dollars.

Compared with holding Hutchison Whampoa stocks, it is of course more cost-effective to use the returned funds to invest in gold futures. If it is not for the purpose of avoiding the stock price of Hutchison Whampoa being too low, and selling at a low price is too profitable, Lin Baicheng All stocks have been sold long ago.

(End of this chapter)