Reborn in Hong Kong as a Tycoon

Chapter 593 News Fermentation (Two in One)

If Xiangjiang Airlines is established, Guo Henian and Hu Yinxiang will each hold 20% of the shares, so they will also contribute to the establishment of Xiangjiang Airlines, so after knowing that they will cause some trouble for Swire Group, of course they will not reject.

This matter requires everyone to work together, and the benefits gained from the establishment of the company will also belong to everyone.

Because this is not a place to talk about things, Lin Baicheng and the others just confirmed the matter, and then discussed and agreed a time, and then we will discuss it in detail.

Soon afterwards, Wang Yiping and Li Fuquan found Lin Baicheng for a chat. They asked Lin Baicheng about one thing, that is, if the mainland officials officially invited Lin Baicheng to visit the mainland, would Lin Baicheng go?

It is true that Lin Baicheng has been to Peiping, but that will not be regarded as an official official invitation, but a private invitation from the high-level patriots to visit them.

Regarding Wang Yiping's inquiry, Lin Baicheng naturally said that he would go there immediately, and he was very honored to receive the official official invitation.While he's not sure if doing so will have an impact on his business, for the sake of the long-term future, it doesn't matter if it does.

Wang Yiping then said that an official official invitation is only possible, and he is still not sure about it. He just consulted Lin Baicheng about his attitude first, lest when the official invitation is issued, Lin Baicheng is unwilling to go because of concerns, which is not good for anyone.

Lin Baicheng expressed his understanding and said that if the mainland officials invite him to visit someday, please tell him in advance so that he can be psychologically prepared.

……

Fast forward to Monday, December 12st, the last day of the year.

At the board meeting held this morning, all the other directors attended today's board meeting except for Henry Kessack, who sent someone to represent him because he had no time to attend.

At the board meeting, Lin Baicheng once again proposed to increase capital and share, and issue 1.9 million additional shares.

This time, the British capital still objected, but this time the control of the board of directors was in the hands of Lin Baicheng, so the objection of the British capital was useless. The board of directors passed Lin Baicheng's motion and decided to issue 1.9 million additional shares.

As for the additional issue price of the stock, it has also been decided, which is 5 Hong Kong dollars per share, which is a little lower than the company's share price as of last Friday.Such an additional issue price will inevitably hit the company's stock price, but Lin Baicheng doesn't care about it, and he doesn't mind the company's stock price falling.

After the additional issuance of shares, Hong Kong Electric Group will have a total share capital of 15 billion shares, while Lin Baicheng currently holds 6.5 million shares. If he wants to maintain absolute control of Hong Kong Electric Group, he must hold nearly 7.5 million shares.

And Lin Baicheng decided to increase his holdings by about 9700 million shares, increasing the total number of shares to 7.47 million shares. In this way, he holds 49.8% of the company's shares, and no one can threaten him in terms of shareholding ratio.

9700 million shares, 5 Hong Kong dollars per share, so Lin Baicheng needs to spend 4.85 million Hong Kong dollars, and in order to make the British capital pay the price, he paid this money.

Because of the British capital's raid and troubles, Lin Baicheng had to spend a lot of money to increase the shares of HK Electric Group. The temporary repurchase and this additional issuance cost him a total of 10.25 billion Hong Kong dollars.

Lin Baicheng secretly calculated that when he first won the control of Hong Kong Electric Group, he spent 17.5 billion Hong Kong dollars, then spent 3 million Hong Kong dollars to increase his shareholding, and recently spent 10.25 billion Hong Kong dollars. 30.75 billion Hong Kong dollars.

The market value of HK Electric Group is 15 billion shares. The current stock price is higher than 5 Hong Kong dollars, and the total market value is only about 80 billion Hong Kong dollars.In other words, Lin Baicheng holds almost half of the shares, and in terms of book value, he does not make much profit.

This is still the current market value owned by Hong Kong Electric Group. In the next short period of time, it is foreseeable that the market value of Hong Kong Electric Group will continue to fall. At that time, the total market value of the company will fall below 60 billion Hong Kong dollars. impossible.

In addition to Lin Baicheng’s determination to subscribe for 9700 million shares for the value-added of HK Electric Group this time, British capital said that Yingyao Company will also subscribe for 5000 million additional shares, and does not accept continuous dilution of shares.

Yingyao Company originally held more than 30% of the shares of Hong Kong Electric Group. The British capital has reduced its holdings in the past few days, but there are still 4 million shares left. Now that it has subscribed for 5000 million shares, the British capital will hold 4.5 million shares. It is 15% of the total share capital of 30 billion shares.

In recent days, British investment has not been fruitless. Under the persuasion of Shiyadi Shihuaiya and others, HSBC still decided to attract British investment.However, HSBC did not make a move in person, but let Hang Seng Bank take a stake in Yingyao Company.

It is true that the founder of Hang Seng Bank is Chinese, and the vast majority of bank executives are also Chinese, but this bank is controlled by HSBC. The banking crisis in 65 caused Hang Seng Bank to sell 51% of its shares to HSBC with a total market value of [-] million Hong Kong dollars.

Later, HSBC continued to increase its shareholding in Hang Seng Bank, increasing its shareholding ratio to over 60%. In 72, Hang Seng Bank was listed. At that time, its market value had reached HK$16.5 billion. Although HSBC’s shareholding was diluted, it still held firmly control of Hang Seng Bank.

Although HSBC rarely intervenes in the management of Hang Seng Bank, if HSBC needs it, Hang Seng Bank must listen to HSBC. Therefore, HSBC let Hang Seng Bank take a stake in Yingyao Company. Can only accept.

As a result, Hang Seng Bank acquired a 2.5% stake in Yingyao Company for HK$10 million.The 2.5 million Hong Kong dollars is the funds in the company's account, not divided by the four British shareholders, which is very important.

After the British capital had a capital of 2.5 million Hong Kong dollars, it used the money to subscribe for additional shares issued by Hong Kong Electric Group, which happened to be able to subscribe for 5000 million shares.They have discussed with the British capital before. They will subscribe for 5000 million shares this time. If there is not enough money, shareholders will pay according to the proportion of their shareholding. If there is any surplus, they will put the remaining funds in the company account.

Lin Baicheng was a little surprised that Yingyao Company subscribed for 5000 million additional shares. He then realized that Yingyao was in a fight with him, and he was not ready to admit defeat easily.

In view of this, Lin Baicheng decided to let Hongkong Electric Group increase its investment in the mainland, and invest the funds obtained after the additional issuance plus the cash in the company's account in the mainland, just as the investment in the mainland will not see a return in a short time hope, let the stock price continue to fall.

After the more than one billion Hong Kong dollars has been spent, the capital increase and share expansion will be carried out to see if the British capital will follow.Needless to say, if you follow, you just pay money; if you don’t follow, just wait for the shares to be continuously diluted.

Of course, doing this is not without cost. The cost is that Lin Baicheng himself has to spend a lot of money, and the money will not see a return in the short term, so he is trapped.

At noon, Hong Kong Electric Group issued a detailed announcement on capital increase and share expansion. The company’s stock price fell sharply at the opening of the market that afternoon, directly falling below the price of HK$5 for capital increase and share expansion. The market is obviously not optimistic.

Lin Baicheng was mentally prepared for this, and he no longer paid attention to it.For him, the affairs of the Hong Kong Electric Group have come to an end for the time being. The company will not do much for a long time to come, and his attention will not be as high as before.

However, this does not mean that Lin Baicheng is indifferent to Hong Kong Electric Group. After all, he has invested more than 30 billion Hong Kong dollars in this company, and there are still British capital. He certainly cannot let the company's stock price rise and let the British capital run away On the other hand, once the stock price has a rebound trend, it will be suppressed.

What's more, Hong Kong Electric Group's local development in Hong Kong must not be left behind, and CLP Power cannot be allowed to take advantage of it and take away all the Hong Kong Electric Group's market.

Lin Baicheng wants to cheat the British capital, not to ruin the Hong Kong Electric Group. From a long-term perspective, he still wants to develop the Hong Kong Electric Group. Only in this way can his investment not lose money and make money .

In the afternoon, Lin Baicheng and Shen Congee had afternoon tea at Hehuang Hotel.Since Hehuang Hotel opened, Lin Baicheng has made appointments here to meet people, and he will not go to the Peninsula Hotel to entertain others in the future.

"Shen Taipan, I would like to borrow 5 million Hong Kong dollars from HSBC, with the corresponding value of Hong Kong Electric Group's shares as collateral."

Lin Baicheng's loan of 5 million is to pay for the increase of Hong Kong Electric Group's shares. It is true that he is rich, but the stock price of Hong Kong Electric Group will hit the street for a long time, so Lin Baicheng has no need to use his own money to fill it. pitted.

For a loan from the bank, Lin Baicheng himself does not need to pay a penny, the money he has to pay is only the interest paid to the bank.

"No problem with the loan."

Shen Porridge first agreed, and then said: "However, as for the collateral, HK Electric Group's stock is fine, but the market value of the mortgaged stock should be slightly higher. I am worried that HK Electric Group's stock price will fall in the future."

"Since Taipan said so, of course I will not make things difficult for Taipan. I will use 6 million Hong Kong dollars worth of stocks to borrow 5 million Hong Kong dollars."

Lin Baicheng immediately said that anyway, he is not going to use the shares of HK Electric Group to make multiple loans, so it doesn't matter whether he borrows with shares worth 5 million Hong Kong dollars or 6 million Hong Kong dollars.

"Thank you Lin Sheng for your understanding. Lin Sheng can take out a loan whenever he needs it."

Shen Congee said with a smile that he knew that Lin Baicheng's current assets were absolutely not short of 5 million Hong Kong dollars, so even if HSBC did not give Lin Baicheng a loan, it would not affect Lin Baicheng, so there was no need for HSBC to let go of this loan business.

Lin Baicheng said: "I will seek a loan from HSBC after HK Electric Group's capital increase and share expansion are completed."

Shen Congee asked aloud, "Lin Sheng, how about handing over the capital increase and share expansion of HK Electric Group to HSBC?"

"Forget it, since the Taipan is so happy, I am also happy. The capital increase and share expansion of Hong Kong Electric Group will be handed over to HSBC. But..."

Lin Baicheng agreed happily at first, but then changed the topic.

"Any questions?"

Seeing this, Shen Congee couldn't help asking.

"It's not a big deal."

Lin Baicheng said: "It's just that the HK Electric Group will issue 1.9 million additional shares this time, of which I will increase my holdings by 9700 million shares, and Yingyao will increase my holdings by 5000 million shares. In this way, only 4300 million shares can be handed over to HSBC. gone."

Of course, Lin Baicheng decided to increase his holdings of shares without handing them over to HSBC. He could just use money to subscribe.

"It's okay, something is better than nothing."

Shen Congee will not be too little, he said: "But Lin Sheng, the handling fee this time cannot be too low, 4% handling fee, what do you think?"

"No problem, let's use 4% to calculate."

Lin Baicheng did not bargain. The total value of the 4300 million additional shares issued was 2.15 million Hong Kong dollars, and the 4% handling fee was only 860 million Hong Kong dollars.

It is different if it is replaced by Hutchison Whampoa's additional shares worth 30 billion Hong Kong dollars. One-thousandth is equivalent to 300 million Hong Kong dollars, so it is necessary to bargain.

"Then it's settled."

In any case, HSBC can earn 860 million Hong Kong dollars in handling fees for the additional shares issued by HK Electric Group, and HSBC can earn 5 million Hong Kong dollars in interest every year for Lin Baicheng's loan of 4000 million Hong Kong dollars.For every extra year of Lin Baicheng's loan, HSBC earns an extra HK$4000 million.

After talking about this matter, the two chatted a few more words afterwards.

Shen Congee looked for an opportunity and asked tentatively: "Lin Sheng, recently I heard that Hutchison Whampoa's investment is long gold futures, and now that investment has made a lot of money, is there such a thing?"

"Who did Shen Dapan hear this from?"

Lin Baicheng couldn't help frowning when he heard this, but he knew very well in his heart that this was the ferment of what he asked Wei Li to do.

"It's not who said it specifically, but there are such rumors in the market. The stock price of Hutchison Whampoa has risen a lot today."

Shen Congee looked at Lin Baicheng's face while speaking, if this matter is true, then HSBC must intervene and make more money by doing it.

With Hutchison Whampoa's current market of more than 400 billion Hong Kong dollars, it can accommodate enough funds. There are a lot of funds in this stock. HSBC can invest 30 billion Hong Kong dollars in it, and it is not afraid that it will not be able to run in a short time.

If the news is true, if HSBC invests 20 billion Hong Kong dollars, 10% of the profit will have a profit of 2 million Hong Kong dollars. What's more, the stimulus brought by this news will definitely not only make Hutchison Whampoa rise by 10%.

Lin Baicheng shook his head: "What should I say about this matter? There are some things that I can't disclose to the outside world."

"Lin Sheng, with our cooperative relationship, how about revealing a little bit to me?"

Shen Congee said unwillingly, Lin Baicheng's attitude could not make him sure whether the rumors outside were true.

"Taipan, you are really embarrassing me. Anyway, based on our cooperative relationship, if I don't reveal something to Taipan, it's really unreasonable."

Lin Baicheng made it difficult, and then told Shen Congee that Hutchison Whampoa's investment was indeed long gold futures, and there was a profit, but it was up to Shen Congee to judge the specific profit.

Shen Congee didn't ask any more questions after hearing this, because getting such an answer was enough for him.

The reason why Lin Baicheng told Shen Congee the truth was very simple. He himself was going to reduce his holdings of Hutchison Whampoa shares. It would be good for him to have HSBC take the sedan chair to raise the stock price of Hutchison Whampoa.

As for whether HSBC can make money from this news, it depends on HSBC's ability and greed.If he is too greedy, after the reduction of his holdings is over, he will secretly let the outside world know the truth that he has run away, which will definitely cause the stock price of Hutchison Whampoa to plummet.

(End of this chapter)