Reborn in Hong Kong as a Tycoon

Chapter 581 Battle for HK Electric ([-])
After discussion, the four of Shiyadi and Shihuaiya decided to purchase the shares of Hong Kong Electric Group from the stock market at a price of 7 Hong Kong dollars per share.

At [-]:[-] noon, the morning trading of the stock market was closed, and the four of Shiyadi Shihuaiya announced the acquisition of shares in the name of their joint venture Yingyao Company, but they did not announce the specific number of shares to be acquired.

The price of 7 Hong Kong dollars per share is already a very high premium. The important thing is that Shiyadi Swire has realized that it is difficult to surpass Lin Baicheng in terms of the number of shares, so it is meaningless for them to buy a large number of HK Electric Group shares at a high price , Their main purpose of doing this is to raise the stock price and make Lin Baicheng spend more money.

Therefore, Shiyadi Sweiyar and the others did not announce the specific number of acquisitions. They have ordered the acquisition traders to slow down the acquisition speed and try to acquire as little as possible if a large number of stocks are sold to them.

This afternoon, even if Lin Baicheng did not raise the purchase price accordingly, Shiyadi Shihuaiya and the others would still insist on the purchase, but it will be hard to say tomorrow.

In order to increase the amount of money Lin Baicheng spent to acquire the shares of Hong Kong Electric Group, the four of them, Shiyadi Shihuaiya, even stood up on the bright side, letting the outside world know that their British capital was buying the stocks, and they were competing with Lin Baicheng for the control of Hong Kong Electric Group.

After Yingyao Company's announcement was released, because of the relationship between Shiyadi Shihuaiya and the others standing in front of the stage, it immediately caused a huge sensation.The capital they themselves represent are several big British-owned families and groups in Hong Kong, not to mention their goal is Hong Kong Electric Group, and the current controller of Hong Kong Electric Group is Lin Baicheng, the richest man in Hong Kong.

Lin Baicheng is the richest man in Hong Kong and is also a Chinese. Several British-owned families have joined forces to acquire a large number of shares in Hong Kong Electric Group and compete with Lin Baicheng for control. This in itself is very topical.

What's more, now both Lin Baicheng and British capital are buying the shares of HK Electric Group at a very high premium, and it seems that the competition is quite fierce.

At this time, the most excited ones are of course those retail investors who still hold shares of HK Electric Group.

British capital and Lin Baicheng competed for the control of Hong Kong Electric Group, and the value of the stocks in their hands increased greatly. This is undoubtedly a pie in the sky for retail investors who hold shares.

After the stock market opened in the afternoon, except for a very small number of shareholders who sold the shares of Hong Kong Electric Group at a price of 7 Hong Kong dollars per share, the vast majority of shareholders chose to hold the shares. They believed that Lin Baicheng would respond and would Higher price to buy shares of HK Electric Group.

However, the market was the first to react. The stock of Hong Kong Electric Group broke through 7 Hong Kong dollars shortly after the opening of the market, and there were funds to buy stocks above 7 Hong Kong dollars.

Judging from the current situation, it is the British capital and Lin Baicheng who are competing for the control of Hong Kong Electric Group, and the difference in the shareholding ratio of the two parties may not be very large, so both parties are buying stocks at high prices.

In this way, if you enter the market to buy stocks at this time, and sell them after the stock price is higher, you can earn the difference in price.

At this time, the funds for purchasing the shares of Hong Kong Electric Group above 7 Hong Kong dollars were all judged in this way. Obviously, they wanted to cut flesh from Lin Baicheng or Yingzi.They buy at the current price, and then wait until the final moment of the battle between the two sides to sell at a price of 10 Hong Kong dollars or even higher. At that time, they will naturally earn the price difference.

Simply put, even if the price difference is only 10%, as long as you invest 1000 million Hong Kong dollars, the profit will be 100 million Hong Kong dollars, and the time is only a few days at most. This kind of transaction is definitely worth doing.

Before the stock market opened at noon, Qin Lan already knew that British capital had bought the shares of Hong Kong Electric Group at a higher price, but she did not immediately issue an order to increase the purchase price, but arranged for someone to observe the stock price trend.

However, after the British capital set a large number of buy orders at the price of 7 Hong Kong dollars, the stock price of HK Electric Group rose, which did not allow the British capital to increase the purchase price. The stock price enters the market to buy.

Therefore, when there is no movement from both parties, the share price of Hong Kong Electric Group fluctuates between HK$7.1 and HK$7.3, and the trading volume is not large.

At this time, there are not many Hong Kong Electric Group stocks circulating in the stock market, not to mention that there are still a large number of shareholders who hope that Lin Baicheng will buy the stocks at a higher price, and each of them chooses to hold shares and wait and see, so the number of stocks traded is naturally not many up.

"Buy a lot of stocks at the price of 8 Hong Kong dollars!"

After observing for more than half an hour, Qin Lan gave instructions by phone.

Not long after, the current price of the Hong Kong Electric Group stock on the exchange changed, and the stock price became 8 Hong Kong dollars, and all the sell orders previously traded below were all eaten up.

The purchase price of Hong Kong Electric Group changed again. Although Qin Lan did not make an announcement this time, everyone knew that it was Lin Baicheng who raised the purchase price in order to overwhelm the British capital in terms of purchase price.

This time, a small number of stockholders sold their stocks, and the timid and satisfied stockholders chose to settle down.

However, there are still a large number of shareholders who believe that the share price of HK Electric Group will continue to rise, and they are all waiting for the British capital to offer a higher purchase price.

Anyone who speculates in stocks hopes that the stocks they buy will rise, and they will rise again and again, and they will not be easily satisfied.

After the stock price of Hong Kong Electric Group traded sideways at the price of 8 Hong Kong dollars for more than ten minutes, the stock price began to rise. This is driven by funds. Obviously, these funds are not enough to make a little profit. They are looking forward to Lin Baicheng and Yingzi to increase the stock price even further. Higher, and then they can profit from it.

The share price of Hong Kong Electric Group broke through 8 Hong Kong dollars. Qin Lan did not move after learning about this incident. She just asked An Yuan, who was in charge of stock acquisitions, to pay attention to the stock price trend. She reports.

As for the spontaneous transaction of a small amount of capital, don't bother with it.

On the British side, almost after the share price of Hong Kong Electric Group became 8 Hong Kong dollars, they received a report and knew about it.

The four British-funded people discussed what to do next, but the four of them disagreed this time.If the stock was purchased at HK$8.5 or HK$9, the premium would be too high, and the price they paid would be too high, and Henry Cassack and John Marie disagreed.

However, Henry Cassack and John Mackie were finally persuaded by Shiardi Swire and Michael Kadoorie. Even if they bought the shares of HK Electric Group at such a high premium, they would not There are too many acquisitions, so the price paid is limited. Instead, Lin Baicheng can pay a higher price by raising the stock price, and prepare a safe retreat for them.

If they can raise the share price of Hong Kong Electric Group to above 10 Hong Kong dollars, they can even start to slowly sell the shares of Hong Kong Electric Group to withdraw funds.

Anyway, their shareholding ratio is unlikely to be higher than that of Lin Baicheng. The key to victory lies in the board of directors, and whether they hold 30% of the shares or 20% of the shares, it does not affect their troubles with Lin Baicheng in Hong Kong Electric Group. Let Lin Baicheng There is no way to run this company well.

Therefore, the purchase price of British capital for Hong Kong Electric Group in the stock market has become 8.5 Hong Kong dollars.

It was at this time that Lin Baicheng returned to Xiangjiang.

Because he had a rest on the private plane, Lin Baicheng was not tired. When he got out of the airport, he went directly to the Hong Kong Electric Group in the extended Lincoln that came to pick him up.

As soon as he came to Hong Kong Electric Group, Lin Baicheng learned from Qin Lan that British capital had purchased the shares of Hong Kong Electric Group from the stock market at a price of 8.5 Hong Kong dollars per share, and asked Lin Baicheng whether he wanted to increase the purchase price.

"Not for now."

Lin Baicheng shook his head. Instead of explaining, he went to the office of HK Electric Group.

After that, Lin Baicheng called Levi's and other company executives with directorships to the office to talk.

After that, it was announced that the board of directors would be held tomorrow morning, and Levi's would notify all directors.

When the board of directors is held, even if there are directors who are not present, as long as the board of directors passes a certain proposal, the proposal is still valid. Directors who do not participate in the board meeting are equivalent to abstaining from voting.

This is a situation where the directors themselves have something to do and did not attend the board meeting, but the company must notify all directors of the board meeting, otherwise all the resolutions passed by the board meeting will be invalid.

Directors can attend the board meeting if they have time to do something, but the company has to notify the directors that a board meeting is going to be held. This is two different things.

After Levi's responded that he would notify all the directors, he asked aloud, "Mr. Li, I don't know how you plan to deal with the fact that Shi Huaiya and other families want to compete with you for control of the company?"

Lin Baicheng smiled and said: "I hold more shares than them, as long as the board of directors is on my side, then I will win, don't you think?"

"Boss Lin, what you said is true."

Levi's nodded in agreement: "Even if there are directors who don't know what to do, with your shareholding in the company, controlling the shareholders' meeting, and taking some time to control the board of directors, they have no hope of winning at all."

"So I'm not worried about the control of the company. What I'm worried about is that after they become shareholders of the company, they will oppose me in the company's daily affairs and oppose me for the sake of opposition. Then the company will be in trouble in the future."

Lin Baicheng does have such concerns at present. As long as the British capital has a large shareholding and holds two or three directors, the influence of the British capital on HK Electric Group is not small and cannot be ignored.If the other party really keeps looking for trouble, there will be plenty of opportunities, and the future development of HK Electric Group will definitely be affected.

Levi's couldn't help saying: "But if HK Electric Group doesn't develop well, it won't do them any good."

Lin Baicheng reminded: "Don't forget that Michael Kadoorie belongs to the Kadoorie family, and the CLP Power Company is controlled by this family. If there is chaos in the HK Electric Group, it will be a huge benefit for CLP Power gone."

After hearing this, Levi said immediately: "They are a cooperation of four people. CLP is the property of the Kadoorie family. Unless the Kadoorie family is willing to give up a part of CLP's shares to the other three, the other three cannot sacrifice their own interests for the Kadoorie family. Family profit."

"As long as the benefits are large enough, what you said is not impossible."

Lin Baicheng shook his head. Fortunately, he already had a plan, and said immediately: "You and the other directors must stand by my side at the board meeting tomorrow."

"Mr. Lin, don't worry, I will definitely stand by your side. I believe that other people also know how to choose."

Levi's immediately said that although he didn't know why Lin Baicheng held the board meeting tomorrow, unless the British capital can poach the two shareholders of the company at a huge price tonight, tomorrow's board of directors will be based on Lin Baicheng's will host.

Even if some of the directors have different ideas, as long as the conditions are not negotiated with the British capital, then no one will object to Lin Baicheng, after all, no one is a fool.

"Well, I trust you."

Lin Baicheng smiled and nodded: "Don't worry, as long as you work for me, the remuneration is not a problem. And there is still a lot of room for improvement. Let's take you Levi's as an example. As long as you do a good job, I can still promote you and let you Work on a bigger platform like Hutchison Whampoa."

"I will definitely do a good job."

Levi's couldn't help being a little excited when he heard that. Any professional manager hopes that he can manage a larger group company, and the market value of the group company he manages is getting higher and higher, so that his influence as a large class can be greater.

After the meeting, Levi's left from Lin Baicheng's office.

Lin Baicheng called Qin Lan into the office: "Qin Lan, please inform Anyuan to temporarily stop buying stocks from the stock market and withdraw the order."

"Ok!"

Qin Lan responded first, and then said: "Mr. Lin, then the announcement I announced in the morning to buy stocks at HK$6.5 per share, do you want to continue to implement it?"

Lin Baicheng said: "Let's keep the order at this price. If you can buy it, you can buy it. It doesn't matter if you can't buy it."

"Ok."

Qin Lan couldn't help asking: "Mr. Lin, are you deciding not to buy HK Electric's shares from the stock market?"

"This is the case for the time being, you go to inform."

Lin Baicheng nodded, but he didn't explain the specific reason, and he didn't need to explain, because he was the boss.

Seeing this, Qin Lan didn't ask any further questions, and went out to make a phone call.

After Lin Baicheng came back, he did not deliberately conceal his whereabouts, and his extended Lincoln was the only one in Xiangjiang, so his return to Xiangjiang was quickly known by Yingzi.

Just when the British capital was thinking about what Lin Baicheng would do when he came back, they learned from the people under their hands that Yum Securities changed the purchase price of HK Electric Group back to 6.5 Hong Kong dollars per share.

Just when they were wondering, they sold the shares of HK Electric Group to their three directors and informed them one after another that HK Electric Group would hold a board meeting tomorrow morning.

Knowing that the board meeting was going to be held, the British side didn't know that Lin Baicheng was going to make trouble on the board of directors, and Lin Baicheng temporarily put aside the acquisition of shares.

Therefore, the British capital side also shifted their attention to tomorrow's board meeting. They knew that if they wanted to defeat Lin Baicheng, they had to defeat Lin Baicheng at tomorrow's board meeting, otherwise there would be too many variables after tomorrow.

(End of this chapter)