Reborn as a tycoon in Hong Kong
Chapter 171 Going long
When he arrived at Hutchison Whampoa, Lin Baicheng went directly to Wei Li.
"Mr. Lin!"
Before arriving at Wei Li's office, Wei Li came out of the office after receiving the report from below.
"Let's go to my office."
Lin Baicheng greeted Wei Li to his office.
In the office, apart from Lin Baicheng himself, Cheng Yufeng and Wei Li were the only two people left.
"Weili, if Richard Richard and Chen Xinghan are suspended, will it affect the company's operations?"
Lin Baicheng asked directly. He would never ignore what these two people did, so he decided to let them go. If they were not directors of the company, asking them to get out would require a board meeting, otherwise it would not be as simple as just suspending them.
"It may have a slight impact on management, but it is definitely not significant. Others can be promoted to take their place in the future."
Wei Li shook his head when he heard this. As long as a large number of senior executives did not leave, let alone Richard and Chen Xinghan, even if he left suddenly, it would not have much impact on Hutchison Whampoa.
"Well, let's stop their work temporarily."
Lin Baicheng said immediately, thought for a while, and then said: "You can give them a hint and let them apply for resignation. This will be good for everyone. As long as they do not cause a lot of loss of profits to the company, then I will not pursue them. responsibility."
The main reason for doing this is that Lin Baicheng did not want to expand the scope of the attack, thereby affecting the company's operation and making people panic.
Wei Li nodded and said, "Since Mr. Lin said so, I think they will understand and know what to do."
Lin Baicheng nodded when he heard this. He stopped talking about those two people and asked, "How much available funds does the company currently have?"
"A little over 100 million Hong Kong dollars. This is the funds recovered from the sale of a large number of companies. However, these funds will be used to develop the real estate industry. Mr. Lin, are you still planning to invest it?"
Wei Li answered aloud and couldn't help but feel worried.
"You know the profit from the company's investment in gold futures."
Lin Baicheng said to Wei Li: "So no matter how many stocks Bob and the Qi Dezun family sell, no matter who is shorting the company, as long as we make an announcement to the outside world, the company's stock price will inevitably rise sharply. Therefore, why don't we make the announcement before announcing the truth to the outside world? What about repurchasing the company's shares? Buy back the shares first, and after the stock price rises, whether you sell the shares or choose to use the shares as collateral to borrow from a bank, you will definitely make a profit without losing money, don't you think?"
"That's what Mr. Lin said."
After Wei Li thought for a moment, he knew that Lin Baicheng was right, so he no longer objected.
Lin Baicheng said: "The most important thing is to keep the secret and control the situation. Otherwise, if the news leaks out, we will not be able to buy back the stock at a lower price."
Wei Li said: "The news has not been leaked so far, so there should be no problem."
"Okay, then I'll leave the matter of Richard Xin and Chen Xinghan to you."
Lin Baicheng nodded and watched Wei Li walk out of the office.
After Wei Li left the office, Lin Baicheng said to Cheng Yufeng: "Yufeng, you arrange for a lawyer to sign a contract with Iwasaki Mineryu. He invested 200 million U.S. dollars, and he and I will make half of the profits. It would be too much to argue about afterwards. It’s safest to sign the contract first.”
Cheng Yufeng nodded and said, "Don't worry, Mr. Lin, I'll take care of it in a minute."
Lin Baicheng warned: "Remember to be careful and don't let anyone know about your meeting. Many people know that you are my assistant. If they know that you met Iwasaki Mineryu, they will guess that I cooperate with Iwasaki Mineryu. Once they If you find out that Iwasaki Mineryu’s funds are long, you will definitely find something wrong by then.”
"clear!"
Cheng Yufeng nodded to express his understanding.
"Okay then, go and get busy."
Lin Baicheng waved his hand and had nothing else to explain for the time being.
After Cheng Yufeng left, Lin Baicheng called Iwasaki Mineryu. Before the funds were allocated, Lin Baicheng decided not to meet with Iwasaki Mineryu yet. Since someone has chosen to short Hutchison Whampoa, they must be very concerned about his whereabouts, and he cannot be too careful.
When Cheng Yufeng approached Iwasaki Mineryu and expressed his intention to sign a contract, Iwasaki Mineryu did not refuse. He knew that to make this money, he needed Lin Baicheng's cooperation.
After trading started in the early trading that day, Iwasaki Mineryu asked the traders who followed him to start taking Hutchison Whampoa's short selling orders on the market, and a large number of short orders in the market were eaten up.
However, after the tens of millions of short orders in the market were eaten up, a large number of short orders were released, and Iwasaki Mineryu naturally continued to buy. One party places short orders, and the other party takes in all comers, and the trading volume continues to increase.
The stock price trend of Hutchison Whampoa has not changed much yet. The Qi Dezun family, Jardine and Bob are selling their stocks in a tacit agreement. Although a lot of bargain-hunting funds have entered, and HSBC is still secretly buying, the overall stock price is still Go downtrend.
It's just that because of the financing, there is no crash-like decline. If you can look at the time-sharing trend in this era, you can see that this is a trapezoidal downward trend.
The Qi Dezun family, Jardine and Bob, who held a large number of stocks, did not dare to sell a large amount of shares. The large amount of selling caused the stock price to plummet. They sold at a lower price, and they were the ones who lost.
Iwasaki Mineryu followed Lin Baicheng's arrangement, so for the time being he only took short orders in the options market. The stock market did not move, and he did not buy Hutchison Whampoa shares.
Li Jiacheng's joint venture spent a total of 400 million Hong Kong dollars on short selling. Before today, more than 100 million Hong Kong dollars of short orders had been eaten up. However, this morning alone, in less than an hour and a half, more than 200 million Hong Kong dollars of short orders had been eaten up. eaten.
Li Jiacheng immediately felt that something was wrong. Thinking of Lin Baicheng's return to Xiangjiang, he couldn't help but wonder whether these funds belonged to Lin Baicheng.
Li Jiacheng told others his suspicions.
"It shouldn't be him."
New Bijian shook his head: "Richardson contacted me not long ago, saying that Lin Baicheng went to Hutchison Whampoa, and he was suspended by Lin Baicheng. Lin Baicheng went to Hutchison Whampoa as soon as he came back. He did not go to the bank, then Where did he get so much money?"
"As far as I know, Lin Baicheng made a long gold futures investment in Standard Chartered Bank, but did not make any move. This is the best evidence that he is long."
When New Bijian inquired about the information from HSBC, he did not find out the specific details. However, he learned that Lin Baicheng also had a long investment in gold futures at Standard Chartered Bank. He immediately asked people to go to Standard Chartered Bank to inquire about the information. This time, he finally spent some money to inquire. Here we are, Lin Baicheng’s gold futures investment in Standard Chartered Bank is long and has not been touched since buying it.
Standard Chartered's gold futures investment has not moved, and Hutchison Whampoa's investment in HSBC will naturally be considered to have also not moved.
You'll Also Like
-
The Real Daughter Tells Fortunes Live
Chapter 95 6 hours ago -
What the hell is making games in the Ninja World?
Chapter 228 6 hours ago -
I signed in at the Reincarnation Paradise
Chapter 248 18 hours ago -
A teacher with zero training in the Hanging Class
Chapter 615 18 hours ago -
I am the master of depressive comics
Chapter 240 18 hours ago -
My Doomsday Hotel
Chapter 164 18 hours ago -
Because I'm a coward, I maxed out my san value
Chapter 681 18 hours ago -
It is said that I convince people with reason
Chapter 361 18 hours ago -
Elf: My Healing Farm
Chapter 135 1 days ago -
Zongman: Start with Sakurasou and pick up a female high school student
Chapter 352 1 days ago