Reborn in Hong Kong as a Tycoon

Chapter 637 Report and Discussion (Two in One)

When we got back to the hotel, it was already past one o'clock in the afternoon.

Despite this, Wei Li still contacted Lin Baicheng from Xiangjiang.

It was already around nine o'clock in the evening in Xiangjiang. Knowing that Wei Li would contact Lin Baicheng here after lunch in London, he didn't go out after dinner, and kept reading biomedical books in the study.

Starting this year, Lin Baicheng will study while studying.

"Hi, I'm Lin Baicheng."

"Boss Lin, it's me, Wei Li."

Wei Li said: "I finished my conversation with the Prime Minister and just returned to the hotel."

"How did the talk go?"

Lin Baicheng asked, if there is a talk about collapse, it will still have a considerable impact on Hutchison Whampoa and himself.Although England is already on the decline, it is still a big country, and it cannot be compared with a country at all.

Wei Li said: "I told the prime minister that we want to acquire Bentley, and the prime minister has no objection. However, the defense company Vickers is preparing to acquire Rolls-Royce, presumably because of Rolls-Royce's engine technology."

"I expressed to the prime minister that I hope to support our acquisition of Bentley. The prime minister did not agree or refuse. Instead, he arranged for someone to take us to Rolls-Royce to visit and investigate Bentley. After the investigation, we will have more specific discussions."

"I didn't expect such an accident."

After hearing this, Lin Baicheng doubted the authenticity of Vickers’s acquisition of Rolls-Royce, but after thinking about it, this possibility should not be very high. Since he did not resolutely reject Hutchison Whampoa’s acquisition of Bentley, it shows that there is hope. The prime minister of a country should not do such a thing by making up this lie at a high transaction price.

Therefore, Lin Baicheng still prefers that it is true that Vickers wants to acquire Rolls-Royce, but it just happened to be met by Hutchison Whampoa.

"Vickers is incomparable to Huang in terms of his own strength and connections. Therefore, unless the Prime Minister supports us, it is impossible for us to intercept Hu Binli." Wei Li expressed his point of view.

"I know that."

Of course, Lin Baicheng does not think that Hutchison Whampoa can compete with Vickers, a defense and military enterprise, not to mention its own strength, and even more incomparable connections.The national defense and military enterprises of any country must have a deep connection with the country's military.

"Since the prime minister asked you to investigate first, then do it first. It would be best to get the support of the prime minister to acquire Bentley. If it doesn't work, then forget it. Bentley is not irreplaceable."

"Yes, Mr. Lin."

Wei Li complied, but didn't promise anything, because the prime minister was beyond his influence.

Lin Baicheng reminded: "Don't forget what I told you, if you can't acquire Bentley, then switch to other car brand technology, but the investment scale must be well controlled, and the enterprise can develop slowly."

"Mr. Lin, don't worry, I've always remembered it." Wei Li replied.

Lin Baicheng ordered: "After the investigation is over, before you go to see the Prime Minister, remember to contact me first and report to me the specific situation of Bentley."

Naturally, Wei Li took the lead.

After that, Lin Baicheng gave Wei Li a few more instructions before hanging up the phone.

……

On Sunday afternoon, the Peninsula Hotel in Xiangjiang.

Henry Caesarke asked Chen Porridge to have afternoon tea here, and the two first chatted about politics and economics.

After a while, Henry Kessack got to the point: "Dapan, I would like to ask, is HSBC determined to acquire the shares of the telephone company held by Jardine?"

Shen Congee put down his teacup and shook his head with a smile: "It's not about being determined to win. HSBC is only entrusted by the employer to make the acquisition. If Jardine's bid is far higher than the employer's bottom line, then it will definitely not acquire."

Henry Kessack listened and said, "If this is the case, why did HSBC block my proposal to acquire the telephone company on the board of directors?"

"No matter, HSBC has no ability to influence Jardine."

Shen Porridge vetoed it loudly. Although everyone knew it well, this kind of thing cannot be admitted. After all, this is interfering in the internal affairs of other companies.To describe it in one sentence, interfering in the internal affairs of other countries is a taboo.

"HSBC is not only Jardine's major shareholder, but also Jardine's major creditor. It has great capabilities."

Henry Kessack expressed his dissatisfaction aloud. Jardine belonged to the Kessack family, and he would absolutely not allow such things to happen frequently.If this is the case, does Jardine belong to the Kesak family or HSBC?

"There is absolutely no such thing, I think it should be a misunderstanding."

Shen Porridge firmly denies that there are some things that can be done but cannot be said. If the news spreads, other companies will definitely think about it. This will not be conducive to the development of HSBC's business in the future.

"Let's just treat it as a misunderstanding, but when I hold a board meeting next time, I believe that the acquisition proposal for the telephone company will definitely pass."

Henry Cassack didn't get into it. He didn't want to tear himself apart with HSBC, but whether it was for the sake of face or his acquisition plan, he would definitely push for the approval of the acquisition proposal.Kesak has controlled Jardine for several generations, and his influence on Jardine will only be greater than HSBC.

This time, it was just a surprise attack by HSBC. With the Kesak family's control over Jardine, Henry Kesak could forcefully pass the acquisition proposal.

"I believe Chairman Henry, you can do this."

Shen Porridge knew that Henry Cassack was not talking big, so he said: "However, I still hope that Chairman Henry can sell the shares of the telephone company held by Jardine to HSBC. In return, HSBC can grant an additional grant to Jardine. I know that Jardine is very short of funds right now."

Henry Kessack was a little puzzled: "It's impossible for HSBC to do this just for the commission fee, right? I don't think the client will charge a sky-high commission fee."

"HSBC naturally has HSBC's considerations."

Shen Congee didn't say much. The agreement with Li Jiacheng must never be made public. It would be more dangerous if one more person knew about it.Of course, it is not HSBC that is in danger, but Li Jiacheng, but once something happens to Li Jiacheng, HSBC's investment in Li Jiacheng will be wiped out.

Henry Kessack asked suddenly: "If I entrust the acquisition of the telephone company to HSBC, would HSBC be willing to support Jardine?"

Shen Porridge did not answer, but said: "Chairman Henry, why do you insist on acquiring the telephone company? Jardine can choose other targets, whether it is to acquire other companies or use the funds to develop existing companies, it is a good choice." .”

"Hearing what you said, I'm now even more curious about why HSBC helped Cangjiang Industrial. Li Jiacheng is Chinese."

While Henry Cassac was curious, he sounded a reminder.

Shen Congee said: "I know he is Chinese, but this does not affect HSBC's cooperation with him. HSBC has HSBC's layout."

Henry Kessack snorted: "Be careful that Li Jiacheng is Lin Baicheng's second. One Lin Baicheng's rise in Xiangjiang is enough for us. If there is another one, does Xiangjiang belong to us or to the Chinese?"

"Of course this Xiangjiang belongs to us!"

Shen Porridge made his statement immediately, and then said: "However, Chinese capital has risen, which cannot be denied and ignored, and we cannot suppress it now. HSBC is a bank, and it is different from your business. It is impossible to give up Chinese customers, otherwise it will be in China. Support the rise of those Chinese banks in disguise."

The reason is simple. If HSBC does not lend money to Chinese businessmen, the Chinese business owners will definitely find other banks to borrow money.It is true that HSBC is the largest bank in Xiangjiang, but there are many Chinese banks and overseas banking branches in Xiangjiang, so HSBC is not the only choice.

Henry Kessack nodded and did not refute, but said: "It is not impossible for me to sell the shares of the telephone company. In addition to the normal premium acquisition, HSBC will also give Hongkong Land a loan of no less than 10 billion Hong Kong dollars. The interest will be calculated as normal."

Hongkong Land is known as the "Central Landlord" because it holds many real estate properties in Central. Jardine controls this company through cross-shareholding. As soon as the economic crisis caused by the oil crisis appeared, the company immediately incurred huge losses.

In the past two years, due to the upward relationship of the Hong Kong real estate industry, some blood has recovered, but the funds are still in short supply, and more funds are needed for development.But the problem is that Hongkong Land has already owed a lot of debts to HSBC and other banks. The banks will evaluate the company. When they think that lending money to the company is very risky, it will not be so easy for the company to borrow money.

As for Hongkong Land Company, this is the current situation. Banks are not willing to lend money to Hongkong Land Company unless Hongkong Land Company repays part of the current debt.

"A loan of no less than HK$10 billion?"

Shen Congee couldn't help frowning slightly after hearing this: "You know the current situation of Hongkong Land the most, you owe too much debt, if the bank lends money to Hongkong Land again, the risk is very high."

"The land price of Xiangjiang has been rising in the past few years, and Hongkong Land's main business here is the real estate industry, so it has benefited a lot. The current debt of Hongkong Land is not low, but it can't overwhelm Hongkong Land. The risk is controllable of."

"Besides, this loan from Hong Kong Land is for land acquisition. I plan to let Hong Kong Land build a luxury building. With the current real estate market in Hong Kong, this investment will definitely make Hong Kong Land a lot of money."

Henry Kessack talked about his plan. Compared with the telephone company, Landmark is Jardine's real son.If it can improve the situation of Hongkong Land, the shares of the telephone company that have not yet been acquired are nothing at all.

Which is more important, Henry Keswick is still clear.

Whether the investment can make a lot of money, Shen Porridge does not make a judgment. After all, this is a matter of the future, and it is too early to say this.

"Loans are fine, but one billion Hong Kong dollars is too much."

After thinking for a while, Shen Congee said that there is a risk of continuing to lend to Hongkong Land, but it is still within the controllable range. In order to help Li Jiacheng, such a risk can be borne.

"HSBC can only give a loan of 5 million Hong Kong dollars."

"5 million is too little."

Henry Keswick was overjoyed, but he refuted aloud.With a loan of [-] million Hong Kong dollars and the company's cash, the pre-construction land acquisition can be done first, and the follow-up construction can be done after the land is acquired and then the land can be taken to the bank for loan.

One wanted more loans, and the other didn't want to give too many loans. After some bargaining, HSBC's loan to Hongkong Land was set at 7 million Hong Kong dollars.

"Taipan, let's talk about HSBC's purchase price next."

After negotiating the loan amount, Henry Cassack was very happy, and the next step was to sell his telephone company shares at a high price. The more the better, the better.

"Chairman Henry, based on the market value of 11.32 billion Hong Kong dollars, HSBC is already a premium in itself, let alone a 15% premium on this basis. Such a high premium will never happen again."

Although Li Jiacheng's money was spent on the acquisition, Shen Congee wanted to assist Li Jiacheng in acquiring the telephone company, so it was better to spend as little money as possible.

"I admit that this is not a low premium, but Li Jiacheng is not the only one interested in the telephone company."

Henry Kessack said aloud: "To tell the truth, just yesterday, a company from Italy contacted me, saying that they wanted to acquire the shares of the telephone company held by Jardine, but at that time I still wanted to Jardines bought the phone company, so they turned them down."

"Now I am willing to sell the shares of the telephone company, but Taipan, you can't let Jardine suffer, right? If the company's bid is higher, I have no reason to sell the shares to Cangjiang Industrial instead, isn't it?"

"There is such a thing?"

Shen Congee was a little skeptical when he heard this, it was a coincidence that it was Jardine's way of raising the price.

"It's a coincidence, but that's the truth."

Henry Cassack did not lie to Shen Congee, so he was not guilty at all. "Although I still don't know how much they are willing to pay for Jardine's shares, but the premium offered by HSBC is not satisfactory to me, so I must listen to the offer of this Italian company before making a decision. "

Shen Congee made a sound to test: "Chairman Henry, I wonder if Jardine can let HSBC attend when they meet with this company?"

Henry Kesak immediately shook his head when he heard this: "Dapan, this is a commercial negotiation, which concerns the interests of Jardine."

Shen Congee reminded: "Chairman Henry, if you don't sell your shares to HSBC, there is no reason for HSBC to take the risk and continue to lend to Hongkong Land, don't you think?"

"I will make a decision based on the two offers."

Henry Caesark nodded slightly. As long as the Italian company's quotation does not exceed HSBC by a lot, he will eventually sell the shares to HSBC. After all, Hongkong Land's loan is also a benefit in disguise.

Of course, if the quotation of an Italian company is much higher than that of HSBC, it must choose a much higher quotation and get the profit first.As for the loan, it can only slowly find a way.

After all, Henry Cassack was actually dissatisfied with HSBC's offer and wanted to earn more, so he didn't sell the shares to HSBC immediately.

Shen Congee no longer tried to persuade him. Without knowing whether this third party exists or not, and without knowing what price the third party company offered, HSBC would only be taken advantage of by raising the price now.

"Dapan, you can go back and discuss with Li Jiacheng of Cangjiang Industry to see if you want to quote a higher price. Or, after I have discussed with the Italian company, I will contact you, Dapan."

"Then HSBC will wait for Chairman Henry's contact."

The conversation ended here, Henry Keswick and Shen Congee drank tea for a while, and then left separately.

(End of this chapter)