Reborn in Hong Kong as a Tycoon

Chapter 582 Battle for HK Electric ([-])
After confirming that Lin Baicheng would no longer buy HK Electric Group's shares at a high price, British capital also silently withdrew the high-priced purchase order.

The stock market closed that day, and the share price of Hong Kong Electric Group closed at 7.8 Hong Kong dollars.

Although the stock price of Hong Kong Electric Group has retreated due to the successive withdrawal of orders by British capital and Lin Baicheng, but because there are a lot of funds to bet that the two parties will buy a large number of stocks in the stock market, the stock price has not fallen too much.

Today's closing price of HK$7.8, compared with yesterday's closing price of HK$5.78, the share price of Hong Kong Electric Group has risen by 34.95%, which can be said to be quite a large increase.

Yesterday, the market value of Hong Kong Electric Group was still 75.718 billion Hong Kong dollars; but based on today’s closing price, the market value of Hong Kong Electric Group is as high as 102.18 billion Hong Kong dollars, and the total market value has exceeded the limit of [-] billion Hong Kong dollars.

In today's Hong Kong, there are not many listed companies with a total market value exceeding the threshold of tens of billions of Hong Kong dollars.

If calculated based on the current market value, Lin Baicheng's current shareholding ratio is worth more than 40 billion Hong Kong dollars, and he has almost doubled his investment in Hong Kong Electric Group, and he has earned back.

It's a pity that this is just the stock price, and it's still a price that has been hyped up. The real market value is not so high.Not to mention Lin Baicheng's as much as 40% of the shares, as long as there is news that Lin Baicheng and British capital have won the battle for Hong Kong Electric Group, the company's stock price will fall in minutes.

How did it go up so much before, so how will it fall back later.

The current stock price and market value of Hong Kong Electric Group are not the focus of Lin Baicheng's attention. He knows that these are all false.

That night, Lin Baicheng welcomed Wang Yiping and Li Fuquan, the presidents of the company, to visit him at home.This time, it was not the two presidents of Xinhua News Agency who came to him for something, but Lin Baicheng asked them to meet.

In the study on the second floor of the villa.

After some courtesies.

Lin Baicheng said to Wang Yiping and Li Fuquan: "Both presidents, I would like to ask, if the Hong Kong Electric Group wants to build a power plant in Shekou, will the authorities welcome it? Can the Hong Kong Electric Group do the power supply business for residents? "

After hearing this, Wang Yiping immediately said, "You are very welcome. Of course HK Electric Group can provide power supply for residents."

Li Fuquan also said: "Mr. Lin, why do you ask such a question? Do you have any concerns?"

"I think so. The power generation business is related to people's livelihood after all. I'm not sure whether the domestic government is willing to hand over this business to private companies, so I need to consult the two of you."

Lin Baicheng is really not sure whether the domestic officials in this era allow foreign companies to do business related to people's livelihood. After all, one surname is 'capital' and the other is 'she', which will have some impact.

Wang Yiping said: "Mr. Lin, don't worry, I can answer you here. We welcome Hong Kong Electric Group to invest in Shekou. Hong Kong Electric Group can provide electricity for residents."

"But Mr. Lin, there are some things I want to say first."

Li Fuquan said solemnly: "The current conditions in China are not very good. Everyone knows this. Hong Kong Electric Group can provide electricity for residents, but the electricity price should not be too outrageous, and it is up to the residents to use electricity." It depends entirely on the wishes of the residents and must not be forced."

"Whether or not to use electricity is definitely up to the people. As for the price, Hong Kong Electric Group will regulate it according to market conditions, and the profit of this kind of public utility has never been too high. Even Xiangjiang has restrictions. Hongkong Electric The group will not mess around in Shekou.”

Lin Baicheng actually doubted whether building a power plant in Shekou could make money at this time, and he even felt that the possibility of losing money was greater.But it's okay, as long as you occupy the market, the previous losses will be earned back in the later time.

Wang Yiping suddenly said: "Mr. Lin, I don't know whether I should ask some questions."

Lin Baicheng signaled: "President Wang, please tell me."

Wang Yiping: "I have also read the news reports. At present, several British-funded families have joined forces to acquire a large number of Hong Kong Electric Group shares. They are competing with you, Mr. Lin, for the control of Hong Kong Electric Group. Mr. Lin, you should pay more attention to this matter now. ?"

"The two are my own people, so I won't hide it from the two of you."

Lin Baicheng said with a smile: "HK Electric Group invests in the mainland, and it is a large investment. This is definitely a bad news from the outside world. This is what I want. Once the British capital cannot compete with me, the Hong Kong Electric Group's The stock price will inevitably fall sharply, and it will not be so easy for British capital to retreat at that time."

It is impossible for Wang Yiping and Li Fuquan to have contact with the British capital, so Lin Baicheng is not afraid that this matter will be known by the British capital, not to mention that his board meeting tomorrow morning will discuss this proposal, even if the British capital knows it in advance.

Anyway, for tomorrow's board meeting, no matter what proposal Lin Baicheng puts forward, it will be opposed by the British capital. Now Lin Baicheng can only hope that no more than two directors will be bought by the British capital.

Li Fuquan said: "Mr. Lin, are you absolutely sure? If British capital gets the control of Hongkong Electric Group, then British capital can completely veto your proposal and not invest in Shekou."

"It's not absolute, but there is still some certainty."

Lin Baicheng said: "Based on my shareholding in Hong Kong Electric Group, the shareholders' meeting must be under my control. Even if the British capital can temporarily control the board of directors, I can grab it back soon. My shareholding ratio has determined my It's basically impossible to fail."

It is not true that the shareholders' meeting is held several times a year, but there will be a regular shareholders' meeting at the beginning of the year and at the end of the year, but the current timing is very clever.

It is now mid-December, and Lin Baicheng can hold a shareholders' meeting in the next ten days, and another shareholders' meeting next month. Two consecutive shareholders' meetings can allow him to do a lot of things.

If the directors who have the number of directors dare to betray, Lin Baicheng will at most fail to achieve the goal of tomorrow's board of directors, but when the shareholders' meeting is held, Lin Baicheng will make the betrayed director look good.

As for tomorrow's board of directors, Lin Baicheng is also not worried. As the chairman, he has a veto power. Although he cannot use it many times, he has never used it this year.

"Mr. Lin, as long as you are sure."

With Lin Baicheng's friendly attitude towards the mainland, Wang Yiping and Li Fuquan certainly hope that Lin Baicheng's business will grow bigger and bigger, and his influence in Xiangjiang will become stronger, so that there will be fewer obstacles to the official recovery of Xiangjiang. can be more stable.

Wang Yiping said: "Mr. Lin, many times it's not easy for us to come forward, and we can't do some things, but if you need any help, you can tell us, and we will try our best to help."

"Thank you. If I have any difficulties, I will ask you two and the country for help."

Lin Baicheng responded with a smile, as long as the other party has this heart, Xiangjiang still belongs to the UK now, and he knows that there are many things that the mainland officials cannot do here.

Lin Baicheng's attitude shows that he regards the mainland as his own, and such an attitude is enough.

Wang Yiping and Li Fuquan stayed at Lin Baicheng's house for about an hour before taking their leave. Lin Baicheng specially sent them to the car and watched the car leave.

Today's Lin Baicheng, it can be said that his wings are a little bit stronger, met with Wang Yiping and Li Fuquan openly, and even invited them to his house, not worried at all about the British side suppressing him because of this.

In fact, Lin Baicheng's position has been exposed to the outside world, and it is nothing to meet with the two presidents Wang and Li in private, unless he expresses support for the mainland regardless of the cost, then he will meet the suppression of the British side.

Don't think that Lin Baicheng will not face suppression now that he has strong capital. Huo Yingdong's Huo family is still under the pressure of the British. He can't intervene in many industries in Xiangjiang, and can only watch others make money.

If the Huo family hadn't been suppressed, before Lin Baicheng's rise, Bao Yugang would not have been able to become the richest man in Xiangjiang. The richest man in Xiangjiang might even be the Huo family. The Huo family has that background and strength.

The time came the next morning.

HK Electric Group, in the conference room.

Lin Baicheng, including all the directors of the company's management, has arrived, but there are still four directors who have not yet come, so of course the board meeting cannot be held.

"Levi's Taipan, are you sure you have notified Director Zhang and the four of them?"

Qin Lan looked at her watch and found that it was only about 5 minutes before the meeting of the board of directors.She is not a director of Hong Kong Electric Group, but she is here to observe today.

Director Zhang mentioned by Qin Lan is naturally the original four directors of HK Electric Group.Although everyone speculates that the other four director seats of Hongkong Electric Group have fallen into the hands of British capital, but that is just speculation, and now Director Zhang and the others are still directors of the company.

What's more, the shareholders' meeting has not been held, and the number of directors has not been replaced. Even if the British capital acquires the shares of several directors, the number of directors is still with Director Zhang and the others.

"I did notify, and they all replied at the time that they would come to the board today."

Levi's looked at what Lin Baicheng said, obviously explaining to Lin Baicheng.

"There are still about 5 minutes before the start of the board meeting, so just wait."

Lin Baicheng looked at his watch, no matter whether Yingzi came late on purpose to give him a bad impression, or he refused to come to the board of directors today and prevent today's board meeting from being held smoothly, he had to deal with it calmly.

Two minutes later, as the door of the meeting room was pushed open, a group of more than ten people walked into the meeting room.

"Chairman Swire! Chairman Cassac! Chairman Ma Bin!"

The four British-funded partners all came. Although Lin Baicheng and them had met each other, Michael Kadoorie had only met once and hadn't even spoken to him, so Lin Baicheng simply ignored him.

"Mr. Lin!"

Although everyone was in a hostile relationship, Shiyadi Shihuaiya and the others still greeted Lin Baicheng, which was polite.

"Lin Sheng, I'm really sorry."

Director Zhang and other four Hong Kong Electric Group directors apologized to Lin Baicheng, and then informed Lin Baicheng that they had transferred their shares to Yingyao Company, and Yingyao Company could represent them in today's board of directors. At the same time, Lin Baicheng still had to find time Hold a shareholders meeting to transfer their directorships to Yingyao Company.

Things have happened, it is useless for Lin Baicheng to be angry. Although he is very unhappy about the transfer of shares to Yingyao Company by several directors without saying a word, he has no time to pay attention to these directors now. He said that after knowing, Just ask them to leave.

Since they are no longer directors of the company, what should they do?

Lin Baicheng looked at the four British investors: "Several, I decided that today's board meeting will be held as usual. I don't know what you mean?"

"OK, no problem."

Shiyadi Shihuaiya agreed without thinking, and the other three did not object.

"It's almost time, so please take your seats, four."

Lin Baicheng wasn't sure if Shiyadi Shihuaiya and the others were sure of winning, but at this point, he certainly couldn't back down suddenly.

Shiyadi Sweiyar, Henry Cassack, Michael Kadoorie, and John Mackie took their seats respectively.

The board meeting this time was different from the usual board meeting, so Lin Baicheng didn't talk about a lot of things about the company first, but went straight to the topic.

"I have a proposal here, let's discuss it."

Lin Baicheng glanced at the other directors present, and then said aloud: "I am going to let Hong Kong Electric Group invest in Shekou in the Mainland to build a large-scale power plant. The estimated investment is about 4 million Hong Kong dollars. The initial investment is no less than 1 million Hong Kong dollars. , I don’t know what you guys think, Director Swire?”

This is Lin Baicheng's throwing bricks to attract jade. Of course, his real purpose cannot be revealed at once. He wants to use this incident to test whether the board of directors is now on the side of the British capital or on his side.

Shi Yadi Shi Huaiya questioned: "Mr. Lin, what if the company invests in the mainland, what should we do if it causes a loss of assets? I am a little worried. The assets invested by the company there will be confiscated by the mainland authorities. At that time, how much the company invests will be determined." How much is the loss."

Lin Baicheng said lightly: "I believe this kind of thing will never happen."

Shiyadi Shihuaiya shook her head: "But what if? The political situation on the mainland makes us doubt this, and they have criminal records."

"If this kind of thing really happens, it will be a mistake in my decision-making as the chairman, and I will take responsibility at that time."

Lin Baicheng didn't intend to explain anything, and said directly: "Four, you should just say whether you agree with this proposal or not." He didn't want to waste time arguing with the four of them.

The four of Shiyadi and Shihuaiya heard the words and exchanged in low voices, although Michael Kadoorie very much hoped that this proposal would be passed, because he believed that as long as Hong Kong Electric Group invests in the mainland, the business of Xiangjiang will definitely be affected, then It is beneficial to China Power, but for the sake of the overall situation, he still agrees with the decision of the other three to veto the resolution.

"The four of us disagree with this motion."

Shiyadi Shihuaiya four made a statement.

"I agree to let this motion pass, and the other directors will start voting."

Lin Baicheng raised his hand, and then looked at the other directors. Whether the board of directors is under his control depends on this vote.

(End of this chapter)