Reborn in Hong Kong as a Tycoon

Chapter 585 Battle for HK Electric ([-])
Less than an hour after Grant and Fred were taken away, Lin Baicheng received a call from Police Commissioner Henry.

The two were not courteous, and Henry said directly: "Lin Sheng, Shiyadi Swire, and Henry Keswick called me respectively, and put pressure on me to let Grant and Fred go."

"Please, Henry."

Lin Baicheng expressed his gratitude, but this thank you only needs to thank you verbally, and you don't need to spend money.Before Lin Baicheng made so much money for Henry, it was right for Henry to do something for Lin Baicheng, and the two parties were mutually beneficial.

"This is what I should do."

Henry said: "But Lin Sheng, they have great influence, I can't hold on to them all the time, please give me a time limit."

Lin Baicheng asked: "Henry, I won't make it difficult for you, can you detain them for one night?"

"It's possible, but if Shi Huaiya and the others insist on taking people away and find someone to intercede and put pressure on them, I may not be able to bear it."

Henry still doesn't want to offend people too much, otherwise if he is really tough, even if the governor of Hong Kong comes forward, as the first brother, he will have no problem detaining people for one night according to the system.

Lin Baicheng was not reluctant: "If they find another person, then Henry, you don't have to fight hard, just stick to it until the afternoon and then release him."

"If the person is detained until the afternoon, then I can assure you, Lin Sheng, that there is absolutely no problem."

Hearing this, Henry immediately said that although he wanted to show Yingzi face and didn't want to offend people too much, but it was only a few hours, which was nothing to him at all.

"Thank you, Henry."

Lin Baicheng expressed his thanks to Henry, and after a few polite words with Henry, he hung up the phone.

Grant and Fred will be released in a few hours, which is not difficult for Lin Baicheng to accept.The stains on these two people are really not that big, even if they persist, at most they will make them pay for some monetary losses and damage their reputations.

Fortunately, Lin Baicheng's goal has been achieved. Grant and Fred were taken away, and with stains on their bodies, Lin Baicheng can kick them out of the company in a fair and just manner, and then promote his own people, even if the British capital opposes it, it is useless.

Not to mention that the board of directors is not yet under the control of the British capital. Even if the British capital controls the board of directors, there is no way for the British capital to allow them to continue to hold high positions in the company given that Grant and the others have criminal taints.

In the stock exchange, HK Electric Group's share price suddenly dropped quite a bit, but it was because the big funds that had entered the market before were selling their meat.The news about the big money is much better than the retail investors. The news about Grant and the others being taken away has not yet been published. They already knew the news, and then ran away before the news was announced.

Grant and Fred were taken away. From the perspective of big funds, Lin Baicheng has the upper hand. In addition, Lin Baicheng holds more shares. The control of HK Electric Group will still be in the hands of Lin Baicheng. It is difficult for British capital to do anything.

The scramble for Hongkong Electric Group may come to an end, coupled with the negative news that the company’s top management has been taken away, and the stock price has risen to such a high level that it is good for speculation. The stock price will inevitably fall later, and the big money will naturally decide to run away early. .

At noon, Asia TV's noon news reported that Grant and Fred of Hong Kong Electric Group were taken away by the Commercial Crime Investigation Bureau, and newspapers also reported related news.

Although Asia Star Media Group is the only media reporting the news, Asia Star Media Group has the TV station with the highest ratings in Hong Kong and the newspaper with the highest sales in Hong Kong, so the publicity effect is not bad at all.

Anyone who is concerned about the struggle for control of Hong Kong Electric Group can guess that this is the method of Lin Baicheng after reading the relevant reports.

Shareholders of Hong Kong Electric Group are the ones who talk the most. Although retail investors don’t know that much, they can also see that this is news that is not conducive to the company’s stock price. Shareholders holding HK Electric Group's shares suddenly became worried, worried that the stock price would continue to fall in the afternoon.

In the afternoon, after the stock market opened, the stock price of Hong Kong Electric Group continued to fall, and the decline was not small.

Even at around [-] o'clock, it was reported that Grant and Fred were released on bail by lawyers, HK Electric Group's stock price did not see a sharp rebound, because the big money for speculation was leaving the market, and no money was invested to drive up the stock price. .

Without big funds to drive up the stock price, the stock price naturally kept falling.

That is to say, Lin Baicheng asked Yum Securities to buy stocks at the price of 7 Hong Kong dollars, so the share price of HK Electric Group did not fall too hard. Every time it fell to 7 Hong Kong dollars for a while, it would usher in a slight rebound.

With Lin Baicheng's funds at the bottom of the price of 7 Hong Kong dollars, there will naturally be some funds entering the market to rebound.Anyway, the stock market here in Hong Kong can enter and exit at any time, as long as there is 1% room between entry and exit, the stockholders can also make money.

The reason why Lin Baicheng is still at the price of 7 Hong Kong dollars is because he wants to acquire a sufficient number of shares as soon as possible. Although the purchase price may be higher, as long as the shareholding ratio keeps approaching the line of 50%, then Lin Baicheng is basically in a position to stand. In the place of defeat, a little effort is worth it.

When Grant and Fred were released on bail, Schwarzwald, Henry Kessack, Michael Kadoorie and John Mackie were having afternoon tea at the Peninsula Hotel and discussing matters at the same time.

"Although Grant and Fred were released on bail, the case has not ended. It was just postponed by us. Given their current situation, I am afraid that Lin Baicheng will kick them out of the HK Electric Group's board of directors. "

"It's not just fear, but affirmation. It is Lin Baicheng's handwriting that they were brought in. Lin Baicheng will definitely kick the two of them out of the board and replace them with his people."

"We have four board seats in HK Electric Group, and he currently has the upper hand. What should we do?"

"If we can't poach one of Reeves or Que Gui, then we have no hope."

"I'm afraid it's useless to win Reeves to our side. Lin Baicheng informed us that the shareholders meeting will be held after Christmas. He will definitely remove Grant and Fred at the shareholders meeting and replace him with Levi. Stan is useless at a shareholder meeting."

"Are we just admitting defeat like this?!"

"It's not to admit defeat, but to lower the goal. We no longer set our goal on fighting for the control of Hong Kong Electric Group, but on causing trouble for Lin Baicheng and preventing Hong Kong Electric Group from developing well."

"If we do that, our shares in HK Electric will become worthless."

"What I am worried about now is that Lin Baicheng, who has regained control of the board of directors of HK Electric Group, will propose a proposal to increase capital and share again. At that time, we will either follow the investment, or we can only let the shareholding ratio decline."

During the discussion, Shiyadi Sweiyar expressed the biggest concern of the four.

John Ma Bin said in a deep voice: "Since we have decided to lower the target, let's take advantage of Lin Baicheng's acquisition of stocks at the price of 7 Hong Kong dollars, and we can sell some of the stocks in our hands to him, and we can sell them at a high price."

For John Ma Bin, it would be best to teach Lin Baicheng a lesson or to cause trouble for Lin Baicheng, but the most important thing is that this investment will not cause too much loss.Although the proportion of the investment this time belongs to him is not a lot, but among the more than 20 billion Hong Kong dollars, there are several hundred million Hong Kong dollars that belong to him.

Henry Kessack agreed: "Chairman Ma Bin is right. Since there is no way to fight for the control of Hong Kong Electric Group, then we don't need to hold as much as [-]% of Hong Kong Electric Group's shares. One or twenty percent is enough."

"I have no objection, Kadoorie, what do you say?"

Shiyadi Shihuaiya looked at Michael Kadoorie after speaking out. He wanted to fight Lin Baicheng, but he also didn't want to pay too much.

Michael Kadoorie was somewhat unwilling: "Don't we have no hope at all?"

John Ma Bin reminded: "When it's time to admit defeat, it's better to admit defeat than to invest more chips."

Henry Kesak shook his head: "If you really want to continue, the chances are not completely gone, but the investment is too big and it's not worth it."

Shiyadi Shihuaiya said in a deep voice: "As long as we retain a large number of shares, there is still a chance. I don't believe that Lin Baicheng will continue to invest in HK Electric Group, continue to dilute our shares, and let the company's stock price remain at a low level. "

"Since everyone feels that there is little hope, let's listen to you."

Although Michael Kadoorie doesn't want to give up, it is difficult for the Kadoorie family alone to accomplish anything without the support of the other three.Furthermore, as long as they hold shares in Hong Kong Electric Group, they can continuously affect the operation of Hong Kong Electric Group. This is a great thing for China Power Corporation. time to expand.

If the scale of CLP Power can catch up with Hong Kong Electric Group, then the losses that the Kadoorie family invested in Hong Kong Electric Group are acceptable, because they can be earned back from CLP Power.

Having made a decision, the four British investors immediately notified Yingyao Company to ask them to sell a large number of stocks. As long as the stock price is higher than 5 Hong Kong dollars, they can continue to sell.Of course, it’s not that you keep selling stocks without a bottom line, and stop selling when the remaining 20% ​​of your holdings are left.

However, today's stock market trading time is only about half an hour left, so it is unlikely to sell more shares from 30.00% to only 20%. Shiyadi Shihuaiya and others set a bottom line just in case That's all.

However, within half an hour or so, the stock price of Hong Kong Electric Group ushered in a sharp drop. A large number of orders placed by Yum Securities at the price of 7 Hong Kong dollars were pierced, and the stock price fell all the way. Can't help falling stock prices.

As of the close, the stock price of Hong Kong Electric Group even fell below the price of 6 Hong Kong dollars, and the closing price was only 5.81 Hong Kong dollars.

At this time, the total market value of Hongkong Electric Group was only a little over 76 billion Hong Kong dollars. Compared with the peak period of more than 120 billion Hong Kong dollars, the market value of almost 50 billion Hong Kong dollars evaporated.

How it went up before, this will be how it went down.

More importantly, 5.81 Hong Kong dollars is not necessarily a price that HK Electric Group can stabilize. When the stock market resumes trading after Christmas, the stock price is likely to continue to fall, and the company's market value will become even lower at that time.

At present, Lin Baicheng has completed the absolute control of Hong Kong Electric Group. His total shareholding has reached 6.5 million shares, accounting for 13.1% of the total share capital of 49.618 billion shares. It is basically impossible for anyone to threaten him in terms of shareholding ratio.

For this reason, Lin Baicheng spent 5.4 million Hong Kong dollars, which can be said to be quite a lot.

And this is not the last sum of money that Lin Baicheng will spend on Hong Kong Electric Group. Just as British capital is worried, Lin Baicheng will continue to increase capital and share expansion plans. In order not to dilute the shares, he will contribute an equal proportion of funds to subscribe for stocks, so in The HK Electric Group still has to spend money.

In order to prevent the British capital from withdrawing easily, and to let the British capital learn a lesson, Lin Baicheng has already made mental preparations that the funds invested by HK Electric Group will not be able to bring him benefits in a short period of time, even if he has to pay for it. , and will definitely not let the British capital have a better life.

If Yingzi was not allowed to pay the price, Lin Baicheng felt that he would be underestimated, and anyone would dare to target him and compete with him in the future, and his losses would only be greater.

The Hong Kong stock market closes at four o'clock in the afternoon. Of course, at this time, the companies are not off work.

After Lin Baicheng learned from Anyuan that he held as high as 49.618% of Hongkong Electric Group, he immediately announced the good news to the management of Levi's and other companies to stabilize people's hearts and let the management know who is the winner. Half-hearted.

"Congratulations Mr. Lin, now you are invincible."

Levi's was overjoyed. His choice was indeed right. In the fight for the control of Hongkong Electric Group, Lin Baicheng finally won.

Qin Lan said with a smile on her face: "It's more than just being invincible. Mr. Lin, you suddenly bought a large number of stocks. Those stocks are likely to be sold by the British capital. I think the British capital should have chosen to give up."

Lin Baicheng nodded: "It should be the same as what Qin Lan guessed, the British capital should have surrendered."

Levi asked, "Boss Lin, what are you going to do next?"

"I am going to continue the capital increase and share expansion plan to force the British capital to continue to invest, otherwise the British capital will wait for the shares in hand to be diluted."

Lin Baicheng didn't hide anything, he didn't worry about his plan being known by the British capital, because the British capital could guess that he would do this, even if the British capital confirmed this matter, it would be meaningless, because the British capital could not stop it this time up.

Furthermore, even if the British capital finds a way to stop it this time, as long as Lin Baicheng maintains absolute control over Hong Kong Electric Group, then as time goes by, only Lin Baicheng will win in the end, and the capital increase and share expansion plan will be implemented sooner or later.

"The British capital is going to have a headache now."

Levi said gloatingly that the last time Yingzi wanted to target him on the board of directors, it could be regarded as offending him.The worse Yingzi's situation is now, the happier he is.

Lin Baicheng was very happy. Although he invested a lot in Hong Kong Electric Group, fortunately, the victory has been established, and he will have time to concoct British capital later.Of course, Lin Baicheng will not be careless, he will never give the British capital any chance to come back, and he will not let the British capital damage the foundation of HK Electric Group.

(End of this chapter)