Reborn as a tycoon in Hong Kong

The time in Los Angeles is 15 hours ahead of Hong Kong.

Therefore, when the gold price fell to US$175/ounce on the morning of April 7, Los Angeles time, it was already late at night in Xiangjiang. It was only the next morning that Li Jiacheng learned that the gold price had dropped to US$175/ounce last night. It fell below this price.

After breakfast, Li Jiacheng immediately contacted Feng Jinxi and the two met to talk.

Li Jiacheng said: "Brother Feng, Hutchison Whampoa's futures buying price is 188 US dollars per ounce. Now the gold price has fallen below 175 US dollars per ounce, down about 7%. Hutchison Whampoa uses 5 times leverage, so In other words, we lost 35% of our principal, which is about HK$220 million.”

"I've almost lost one-tenth of Hutchison Whampoa's market value. You can do it!"

Feng Jinxi said in a deep voice that he had already made a decision.

Li Jiacheng said: "The current gold price may not be the lowest price yet, but we need to prevent the gold price from rebounding, so we cannot wait any longer."

"Brother Li is right. Opportunities must not be missed before they come back."

Feng Jinxi nodded in agreement, then looked at Li Jiacheng solemnly and said: "Brother Li, the most important thing now is, are you sure that Hutchison Whampoa is long gold futures, not short gold futures? If Hutchison Whampoa is short, then Hutchison Whampoa’s investment this time actually made money, and we are seeking death by shorting Hutchison Whampoa’s stock.”

Li Jiacheng promised: "Brother Feng, don't worry, I will also go short together, so I will definitely not lie to you, brother Feng."

"That's not what I'm worried about. I'm worried that Brother Li, you made a mistake in your investigation."

Feng Jinxi shook his head. To short Hutchison Whampoa, the investment would cost at least tens of millions of Hong Kong dollars, or even more, so he had to be cautious.

"Brother Feng, don't worry, I've also taken this into consideration."

Li Jiacheng said with a smile: "The capital required for short selling this time is not small, so I have to be careful, so I am going to have people contact several major shareholders of Hutchison Whampoa and let the major shareholders question Hutchison Whampoa's gold If there is a fuss about futures investment behavior, it will be clear at a glance whether the investment in gold futures is long or short.”

"Furthermore, if possible, I would like to join forces with Hutchison Whampoa's major shareholders to short-sell together. They have a certain amount of shares in their hands. After we short-sell, they will suddenly sell a large number of shares, which will inevitably intensify the panic in the market and increase the stock price. Big drop.”

"If Hutchison Whampoa is really long gold futures, those major shareholders will definitely want to get off the ship early and even take the opportunity to make a fortune. Brilliant, this is a good idea."

Feng Jinxi clapped his hands and praised him. As for saying that this was an act of cooperating with British capital, it was nothing at all. As long as you can make money, no matter who you cooperate with, it is not cooperation. He believes that the British shareholders of Hutchison Whampoa also think so.

Li Jiacheng was also quite proud, but he did not show it, but said with emotion: "Hutchison Whampoa used financing channels from HSBC this time. Unfortunately, the funds are not small. HSBC will definitely not disclose relevant information. This affects HSBC Otherwise, it would be simple if we could get the information from HSBC.”

"With a capital of 150 million US dollars and a financing leverage of 5 times, only a few senior executives of HSBC know the details of the relevant transactions. HSBC will definitely not allow this kind of news to spread and affect HSBC's credibility, so don't even think about asking HSBC." News.”

Feng Jinxi also shook his head after hearing this. Not to mention that their relationship with HSBC was not that close. Even if it were Bao Yugang who had a close relationship with HSBC, it would be good to get a few ambiguous answers when asking about this kind of information. Don't think about the details at all. Know.

For a bank, credibility is the most important thing, especially for a giant like HSBC. Unless credibility can be exchanged for extremely high benefits, HSBC will not let its credibility be damaged.

Li Jiacheng said: "Today is Saturday, and there is nothing we can do. We can just contact the major shareholders of Hutchison Whampoa."

“It just so happens that raising money takes time.”

Feng Jinxi's net worth has not reached the level where he can spend tens of millions of Hong Kong dollars at will, and he also needs to consider how much money is better to spend on short selling this time, and how to minimize the risk.

"Then I'll get busy first. Brother Feng, just wait for my news."

Li Jiacheng was the most active on this matter, not only because he could make a lot of money through short selling, but also because suppressing the stock price through short selling could hit Hutchison Whampoa and give Hutchison Whampoa's major shareholder Lin Baicheng a fatal blow.

Although no matter how Hutchison Whampoa's stock price falls, it will not affect Lin Baicheng's control over Hutchison Whampoa. However, as Hutchison Whampoa's stock price falls, it will inevitably affect the development of Hutchison Whampoa, not to mention that in his opinion, this Hutchison Whampoa's gold futures investment suffered heavy losses.

Li Jiacheng took the lead in contacting New Bijian of Jardine Matheson. He wanted to persuade New Bijian to see if New Bijian could obtain the specific investment details of Hutchison Whampoa from HSBC through the relationship between Jardine Matheson and HSBC. Furthermore, Jardine Matheson is one of the original four major foreign banks, a large group in Hong Kong. If Jardine Matheson all sells their stocks and is not optimistic about Hutchison Whampoa, it will definitely have a significant impact on the judgment of stock investors and make more people sell. stock.

New Bijian originally did not know the specific investment situation of Hutchison Whampoa. After all, Jardine Matheson only has 3% of the shares of Hutchison Whampoa. Recently, Wharf has been targeted by Bao Yugang. He is too busy to manage Hutchison Whampoa. How is Whampoa? So after Li Jiacheng revealed his intention and asked Jardine's director who was stationed in Hutchison Whampoa, he only found out about it.

After learning that Hutchison Whampoa's gold futures investment was long, New Bijian immediately agreed to cooperate with Li Jiacheng, but he had a condition, that is, Jardine Matheson must be the first to sell the stocks in his hands. In return, he can help contact the other two major shareholders to raise issues on the board of directors, explore the specific situation, and at the same time, when necessary, announce to the outside world his dissatisfaction with Hutchison Whampoa, as well as his dissatisfaction with Chairman Lin Baicheng, etc.

Li Jiacheng agreed to Niu Bijian's conditions. With Yihe's help, things would go much smoother.

Niu Bijian will also help contact the Qi Dezun family and Bob, the two major shareholders of Hutchison Whampoa, and join them in short selling. At the worst, he will make them sell their stocks, causing Hutchison Whampoa's stock price to plummet.

Although shorting in this way cannot be done from the secondary stock market, because there are too many stocks sold, and it is too late to sell even if you want to go short, you can go short through warrants and buy put warrants, but you don’t know when there will be any. How many funds have taken over their put warrants.

If there are put warrants, there will naturally be call warrants. This is the opponent's order. If there is not much funds to take over the order, it will not work if you want to go short.

(Please subscribe for support!)