Reborn in Hong Kong as a Tycoon

Chapter 463
At six o'clock that night, Lin Baicheng routinely contacted Xiangjiang. Liao Siren, Cheng Yufeng and others reported to Lin Baicheng about Xiangjiang's affairs.

But after the work report, Cheng Yufeng told Lin Baicheng one thing, that is, Shen Porridge, the top class of HSBC, wanted to get in touch with him, saying that he had something to discuss with him.

Lin Baicheng and HSBC did not break up, and the two parties still have business cooperation, so when he learned that Shen Congee wanted to discuss with him, he agreed and asked Cheng Yufeng to tell Shen Congee his contact information, so that Shen Congee could contact him.

On the Xiangjiang side, although no major incidents have happened recently, there are still some things that are closely related to Lin Baicheng.

One of the incidents was reported by Ji Gonglin, the manager of Jinxing Electric Company. Before Lin Baicheng left Xiangjiang, he asked Ji Gonglin to find time to visit the Shekou Industrial Zone and wanted to build a home appliance factory there. It was informed that not only the transportation in Shekou was inconvenient, but the water, electricity and communication were not done well, and the conditions were very poor, so it was not suitable for building a factory.

Knowing this situation, Lin Baicheng did not force Ji Gonglin to open a factory in the Shekou Industrial Zone, but put the matter aside for the time being.However, investing in the mainland is his strategic plan, so he will not give up on investing in building a factory. It's just that he is not in Xiangjiang now, so he will let it go for the time being.

In addition, Lin Baicheng acquired 1.315% of Wheelock's shares for 5 million Hong Kong dollars, and became a director of Wheelock a while ago.

Related to this matter is that Li Jiacheng acquired 4.1% of the shares from other shareholders of Wheelock, and also became a director of Wheelock.As for how much Li Jia spent to become this, outsiders don't know, it must have been purchased at a premium.

For Li Jiacheng to enter the trap of Wheelock, Lin Baicheng is still mostly happy.Of course, if Li Jiacheng can still insist on holding the shares even though Wheelock has been operating at a loss for several years, then Lin Baicheng has nothing to say, and Li Jiacheng is considered amazing.

In addition, Xiangjiang's stock market is still on an upward trend so far. The Hang Seng Index has risen a lot, and most of the company's stocks have risen. Lin Baicheng's HK Electric Group's share price has also risen a lot.

As for the stock price of Hutchison Whampoa, it unexpectedly entered a downward adjustment channel in the case of rising market. Guo Henian had talked with Lin Baicheng about this before. Later, the board of directors decided that after the stock price of Hutchison Whampoa fell to 50 Hong Kong dollars Issue some positive announcements to stabilize the stock price.

Not long after Lin Baicheng came to the United States, the stock price of Hutchison Whampoa fell to the price of 50 Hong Kong dollars. The management announced a few good news as planned. Because the Hang Seng Index is going up, the stock price is easy. There was a wave of rebound.

However, the rebound soon came to an end. A while ago, the stock price fell again and fell back to around HK$50. This time, Hutchison Whampoa issued a few more positive benefits, but unfortunately they were all small positive benefits, so the stimulus to the stock price was limited. The stock price eventually fell below the price of 50 Hong Kong dollars.

Wei Li consulted Lin Baicheng about this matter, and asked Lin Baicheng what to do. After thinking about it, Lin Baicheng decided to ignore it for the time being and let the stock price continue to pull back.

But it was because Lin Baicheng had a plan. He planned to ask Hutchison Whampoa to take part of the funds for repurchases after the stock price of Hutchison Whampoa fell to 45 Hong Kong dollars or even 40 Hong Kong dollars.This will not only increase the stock price, but also allow Hutchison Whampoa to make a profit.

Because of the management's inaction, Hutchison Whampoa's stock price has now fallen to around HK$47, with a total market value of less than HK$190 billion.

Apart from these few things, the others are small matters of each company. Lin Baicheng only understands them, and the details are handled by the lower management.

At around seven o'clock after dinner, Shen Congee from Xiangjiang called, and Lin Baicheng got in touch with Shen Congee.

"Master Shen!"

Shen Congee contacted Lin Baicheng so quickly, which made Lin Baicheng a little surprised, but at the same time, he guessed that this matter should not be small.

"Lin Sheng, good evening!"

Although it was the next morning in Xiangjiang, Shen Porridge knew that it was still around seven o'clock on Wednesday night in Los Angeles where Lin Baicheng was.

"Shen Daban, I heard from the people below that you want to talk to me about something?"

After a few polite words between the two, Lin Baicheng got to the point and asked aloud.

"Yes, I have something to talk to Lin Sheng about."

Shen Congee responded, and then asked: "I wonder when Lin Sheng is going to come back to Xiangjiang? If possible, I would like to talk to Lin Sheng face to face."

"It's time to go back to Xiangjiang"

Lin Baicheng thought about it after hearing the words. Recently, he has nothing serious to do in Los Angeles, and he has not long since left Xiangjiang. He is indeed planning to go back in the near future, but the specific time to go back has not yet been decided.

"It's true that I'm going back to Xiangjiang soon, but the specific time has not been decided yet. It may be three to five days later, or it may be ten days and a half months away. If this matter is not urgent, the Taipan can wait for me to go back and talk about it. "

"Is the time uncertain?"

Shen Congee couldn't help hesitating when he heard the words, three to five days is okay, ten days and a half a month is a bit long, not to mention he is worried that this time will be more than ten days and a half months, after all, Lin Baicheng himself is not sure about the exact time to return to Xiangjiang .

"Since Lin Sheng, you didn't come back immediately, we should talk over the phone."

"That's fine, Mr. Shen, tell me."

Lin Baicheng didn't object when he heard the words. Anyway, if he didn't know what it was, it seemed to him the same whenever he talked about it.

"It's the way it is."

Shen Porridge organized the language and said: "Recently, the Hong Kong stock market has been doing well. The Hang Seng Index has risen by more than ten percent compared to the beginning of the year, but the stock price of Hutchison Whampoa has fallen and adjusted a lot during this period. About Hutchison Whampoa The stock price, after HSBC’s internal discussion, felt a little undervalued, so it decided to buy and do a wave, hoping to get the cooperation of Lin Sheng, the chairman of Hutchison Whampoa.”

"Ban Shen, how do you want me to cooperate?"

Lin Baicheng asked aloud, and did not satirize Shen Congee's fact that HSBC sold Hutchison stocks at a low price when Hutchison Whampoa was shorted.

"HSBC hopes that Lin Sheng will not issue a positive announcement when HSBC is suppressing Hutchison's stock price and buying stocks at a low price, and at the same time, when HSBC is raising Hutchison's stock price, he will not be able to reduce his holdings by a large amount."

Shen Congee said his intentions for coming, HSBC wanted to be the stock of Hutchison Whampoa, and Lin Baicheng, the major shareholder, could not be avoided.Otherwise, when HSBC wants to buy stocks at a low price and deliberately suppress the stock price, but Lin Baicheng makes a buyback or makes a positive announcement, then HSBC has done useless work and will lose money because of it.

(End of this chapter)