Reborn in Hong Kong as a Tycoon

Chapter 490 Refusal to sell, causing a storm (two in one)

On the morning of Wednesday, June 6, Lin Baicheng returned to Xiangjiang by private jet.

When we returned to Xiangjiang, it was almost noon, and Lin Baicheng went directly back to his villa in Repulse Bay.

In the afternoon, Lin Baicheng contacted Shen Congee and asked Shen Congee to meet at Hutchison Whampoa.

At around 02:30 in the afternoon, Shen Porridge came to find Lin Baicheng, and the two met in Lin Baicheng's chairman's office.

"Shen Taipan, I asked before, HSBC bought less than 43 million Hong Kong dollars at an average price of less than 5 Hong Kong dollars. Now that the stock price of Hutchison Whampoa has exceeded 50 Hong Kong dollars, is it necessary for us to continue the transaction? "

The agreement between Lin Baicheng and HSBC has its own requirements for the other party. Lin Baicheng can send someone to supervise HSBC to use only one account for the funds to buy Hutchison Whampoa stocks. This will make it easier for Lin Baicheng to determine how much money HSBC has purchased in the stock; similarly, HSBC wants low prices. Buying stocks also gave Lin Baicheng benefits, so only purchases with an average price lower than 43 Hong Kong dollars can be counted as purchase funds.

Today, HSBC has less than 43 million Hong Kong dollars to buy stocks at an average price of less than 5 Hong Kong dollars, so the agreement with Lin Baicheng will not be triggered, and there is no need to give Lin Baicheng a three-year low-interest loan of 5 million Hong Kong dollars.

The reason why Lin Baicheng said this is because the current stock price of Hutchison Whampoa is higher than 50 Hong Kong dollars, and it is still in an overall upward trend. No matter how many stocks HSBC buys now, it cannot be regarded as a low-priced buy, let alone give it to the company. Lin Baicheng took out a low-interest loan.

"Lin Sheng, our agreement is for half a year, that is, until the end of the year. It's still early. Although Hutchison's current stock price is higher than 50 Hong Kong dollars, no one is sure how it will go in the future. Possibility of adjustment."

Shen Congee shook his head and said, HSBC has given Lin Baicheng a lot of benefits, how could it be possible to give up the agreement for no reason, and the loss of HSBC would be too great.

"Well, since Dapan Shen insists on the agreement, I can't say anything."

Lin Baicheng was not disappointed when he heard the words, he nodded and said: "However, HSBC can find a way to suppress the stock price of Hutchison, but it cannot affect my reputation and Hutchison's business, otherwise I will not Will cooperate."

Shen Congee nodded to express his understanding: "Don't worry about this, Lin Sheng. Since we negotiated it in advance, HSBC will naturally not violate it."

"So best."

Lin Baicheng nodded with a smile and said no more.

"By the way, Lin Sheng."

Shen Congee seemed to suddenly remember: "You seem to hold 5% of the shares of Cangjiang Industrial, don't you?"

"Yes, I hold 210 million shares of Cangjiang Industrial. Why did Taipan Shen suddenly ask about this?"

Lin Baicheng nodded slightly. Cangjiang Industrial is Li Jiacheng's company. Shen Congee's sudden inquiry made him subconsciously think that Li Jiacheng wanted to buy back the shares from him, which made Lin Baicheng unable to make trouble for Cangjiang Industrial.

"Is such that."

Shen Porridge organized the language and said: "HSBC has in-depth cooperation with Li Sheng of Cangjiang Industrial, so he wants to hold some shares of Cangjiang Industrial. Slowly buying from the stock market will only continue to drive up the stock price, so he wants to buy from Cangjiang Industrial. Purchased from various shareholders, and now nearly 5% has been purchased, so I want to buy another 5% from you, Lin Sheng, to make up about 10%.” Of course, the fact is that Li Jiacheng asked him to find a way to buy Cangjiang Industrial from Lin Baicheng shares, and he certainly couldn't tell the truth, so he tried to beat around the bush.

"Shen Daban, I can't help you here."

Lin Baicheng shook his head immediately after hearing this: "I am very optimistic about Li Sheng's ability in Cangjiang Industry. I believe he can bring better development to Cangjiang Industry and make my investment have a greater return. Therefore, I am very optimistic about this investment. If you plan to sell it after the market value of Cangjiang Industry exceeds [-] billion Hong Kong dollars, there is no way to help you, Shen Taiban."

"Ten billion Hong Kong dollars?"

Shen Congee couldn't help but said: "Lin Sheng, there are only a few companies with a market value of more than 10 billion Hong Kong dollars in Xiangjiang, while the current market value of Cangjiang Industrial is less than 20 billion Hong Kong dollars. Even if a large enterprise with [-] million Hong Kong dollars can do it, it will take at least a dozen or [-] years.”

"Not necessarily."

Lin Baicheng shook his head and smiled: "When Hutchison Whampoa was acquired by me, the market value was less than 30 billion Hong Kong dollars, but now it has become a large company with a market value of more than 200 billion Hong Kong dollars. No one can guarantee that Cangjiang Industrial will will not meet."

Shen Congee retorted: "Lin Sheng, not everyone has your investment vision. Although Li Sheng is good, I'm sure he can't develop Cangjiang Industry to the level of tens of billions of Hong Kong dollars in a few years. "

"Shen Dapan is absurd."

Lin Baicheng waved his hand modestly, and then said: "Of course, I also agree with your judgment, Daban Shen. Li Sheng may not be able to develop Cangjiang Industry to the level of tens of billions of Hong Kong dollars in a few years, but I can afford to wait. Then 5% of the shares should be considered as my long-term investment."

"Lin Sheng, what if I can buy it at a premium?"

Shen Congee tried again after hearing the words: "Since it is an investment, there is no need for Lin Sheng to invest in Cangjiang Industrial. I bought the shares of Cangjiang Industrial at a premium here. Lin Sheng, you use the funds to buy shares in other companies, or You can earn a premium money.”

"Dapan Shen, I'm afraid you can't accept my psychological price."

Lin Baicheng shook his head with a smile. He is now even more sure that Shen Porridge bought the shares for Li Jiacheng, so it is fine to ask him to sell the shares, as long as he can accept being slaughtered by him.

"Also, Lin Sheng, tell me about it."

Shen Porridge listened attentively, anyway, there was no loss if he listened first.

"Trade at a three-times premium to current market capitalization."

Lin Baicheng raised three fingers while speaking.

"three times?!"

Shen Congee couldn't help being surprised, Lin Baicheng was more than just a lion, he didn't kill pigs like this.

"Lin Sheng, if the premium is so high, I might as well go to the stock market to buy it directly. No matter what, the premium for buying 5% shares will not be as high as three times."

Lin Baicheng shrugged: "I knew you would not be able to accept Shen Dapan, but this is my bottom line."

"If it's less than a 50% premium, then we can still talk, if it's that high."

Shen Congee shook his head as he spoke. He didn't need to ask Li Jiacheng to be sure that such a high premium was absolutely unacceptable to Li Jiacheng.

Shen Congee and Li Jiacheng are business elites, so of course they can't do stupid things. If they really bought Lin Baicheng's shares at a three times premium, then they would be fools.After all, Cangjiang Industrial is a listed company. Once they buy the shares held by Lin Baicheng at a triple premium, Lin Baicheng can buy the shares of Cangjiang Industrial from the stock market slowly at the market price. Give away money for nothing.

"Then I can only express my regret, I can't help you, Taipan Shen."

Lin Baicheng said helplessly, and did not ask whether Shen Congee was helping Li Jiacheng buy shares.As long as he knows this in his own mind, there is no need to say it out, not to mention that Shen Porridge will not admit it.

"It's nothing, Lin Sheng also has to consider your own investment interests."

Shen Congee wasn't too disappointed, after all, he was helping Li Jiacheng, and whether or not it could be done had no effect on himself or HSBC.

Afterwards, Shen Porridge didn't sit for too long, and took his leave after a while.

After Shen Congee left, Lin Baicheng asked his secretary to call Wei Li over.

Facing Lin Baicheng's call, Wei Li put down his work and rushed over as quickly as possible.

Lin Baicheng greeted Wei Li to sit down on the sofa, and the two chatted while drinking tea.

"Wei Li, I heard that some people in the company have dirty hands and feet, which has harmed the company's interests. Do you know about this?"

Of course, Lin Baicheng didn’t really hear about this incident, but the incident of Zhiyin’s comics physical store made him worry that other companies also have such people. He thought that a group company as large as Hutchison Whampoa would definitely have moths, so he said this , anyway, he didn't have a specific roll call.

"Sorry, I haven't heard about this matter, but I will send someone to investigate and deal with it immediately, and I will definitely give you a satisfactory answer."

Wei Li's heart tightened. He didn't expect this kind of thing to happen. What's more, he didn't know about it. On the contrary, Lin Baicheng, the boss, knew about it first.You know, he spent more time managing the company. It stands to reason that he should have discovered it first, but he didn't. This made him have to worry about whether Lin Baicheng would question his ability and whether he was also dirty. one of the people.

"I don't want to make too much noise about this matter, and it will affect the operation and development of the company."

Lin Baicheng waved his hand, and then changed the topic: "However, this kind of thing must not be let go, so you must do a good job in this area in the future. I hope that the management can catch the moths out of the company, not me You heard about this kind of thing from other places, do you understand what I mean?"

"Mr. Lin, don't worry, I will do a good job with other people, and I will never let you down."

When Wei Li heard the words, he immediately guaranteed that not only would the management catch the moths, but he would also strengthen the company's management in this area, and strive to prevent the moths from appearing in the company. This is his ability and achievement.

"I trust you."

Lin Baicheng nodded to express his trust in Wei Li and other management, stopped talking about this topic, and said instead: "It is already June, and we can do preliminary preparations for this year's equity incentives for management and outstanding employees. "

"Mr. Lin, how many shares are there for equity incentives this year?"

Wei Li asked excitedly. As the head class of Hutchison Whampoa, he can get the most incentive equity without accident.

"Now there are still 890 million shares left for the company to repurchase. Last year, 100 million shares were encouraged. This year must not be less than last year. Wei Li, how much do you think is more appropriate?"

Hutchison Whampoa originally repurchased 1000 million shares, but last year, 100 million shares were used for equity incentives, and then 10 shares were used as compensation to Wei Li, so the company currently has 890 million shares of its own company stock.These 890 million shares alone, based on the current stock price, are equivalent to more than [-] million Hong Kong dollars.

"150 million shares."

Wei Ideal thought for a while and said: "Although the incentive stocks should be increased, the company has not developed by leaps and bounds this year compared to last year. It can only be said to have grown steadily. Therefore, I personally think that the equity incentive of 150 million shares is enough."

Of course, Wei Li hopes that the more the better, but he is the top class in the company, so he must speak with reason, otherwise his ability will be questioned.

"Okay, let's take 150 million shares."

Lin Baicheng felt that this number was quite appropriate, so he did not object.

Although 150 million shares are worth nearly 8000 million Hong Kong dollars based on the current share price of Hutchison Whampoa, which is not a small amount, since Lin Baicheng said that he will carry out equity incentives, he will not regret it.The main reason is that he is very clear that for a big company like Hutchison Whampoa, it is impossible to retain talents without paying enough benefits.

"Wei Li, don't announce this year's equity incentive plan for the time being, as long as you a few managements know about it. Before the official announcement, you have to conduct a secret inspection of the company's outstanding employees and management, so that outstanding talents can get the application. their share."

"What's more, I have already spent such a large price on equity incentives, so I absolutely don't allow anyone to embezzle and damage the company's interests. Otherwise, why would I spend such a large price on equity incentives for your management and outstanding talents? You Say it?"

"Boss Lin, what you said is right!"

Wei Li nodded naturally, and he said: "The company does not treat any employee badly. The company's salary can even be said to be high in Xiangjiang, and the benefits are not bad. Under such circumstances, there are still people who are moths, so it means this person It’s very problematic, and this kind of person must be caught.”

"You just understand."

Lin Baicheng smiled and nodded slightly, not only Hutchison Whampoa, he would remind other companies one by one, and there was a trend of "catching moths" from top to bottom.Doing this would not make all the moths disappear, at least it would make those moths not dare to be so bold again, and at the same time, it would definitely catch some moths out, which would be somewhat useful.

Wei Li thought about it and wanted to ask: "Mr. Lin, do you have any plans for the company's dividend this year?"

"The company doesn't have much cash at the moment, and the dividends are temporarily suspended."

Lin Baicheng shook his head when he heard the words: "Let's see if there will be a large amount of income in the second half of the year. If there is, we will talk about dividends at that time." There are nearly half of the company's shares, and nearly half of the dividend funds can be distributed. The problem is that there is no need to pay taxes.

Of course, the premise of dividend distribution is that it does not affect the development of Hutchison Whampoa.In the current situation where the company does not have much cash, Lin Baicheng will not pay dividends, so as not to affect the company's development.

"Ok!"

The dividend distribution must be decided by Lin Baicheng, and Lin Baicheng was right, so Wei Li didn't say anything.

Lin Baicheng said: "If you have nothing to do, you can go to work first."

"Boss Lin, I'll go to work first."

Wei Li got up and left after hearing this.

Not long after Wei Li left, Lin Baicheng also left the office, and he even left Hutchison Whampoa, planning to go to other companies. The trend of "catching moths" requires him to personally beat the managers and management of various companies, only in this way will they pay attention.

(End of this chapter)