Reborn as a tycoon in Hong Kong

On Monday, the stock market was trading normally and the four major exchanges were crowded.

Hutchison Whampoa is still the most popular stock in the stock market today, and many investors are paying attention to it. Not to mention the investors who hold stocks, even the investors who do not hold stocks are very concerned about the trend of this stock.

Big rises and big falls are actually very attractive to some investors who like to make short-term gains.

As of last Friday, Hutchison Whampoa's share price closed at HK$3.02.

After the call auction in the morning, Hutchison Whampoa's opening price was HK$3.18, which was 5.3% higher.

Although due to the numerous negative news over the weekend, many investors were affected and sold their stocks at a certain price during the call auction stage, but today it is not just Lin Baicheng and others who are buying stocks, but also Li Jiacheng and others, so The stock price opened directly higher.

“It opens so high, it feels like it’s going to go higher and fall back!” “It opens a little lower and I want to take advantage of the bottom, so I’ll just open higher.” “It will definitely go higher after a while, and then it will adjust after someone takes over. Come down and fall below the price of HK$3.”.

Hutchison Whampoa's stock price opened high. In the eyes of many investors, this means that large funds want to save themselves. After raising the stock price, they will wait until some funds take over, then sell a large number of stocks in hand and let others take over.

Some people think that it is a rise and fall back. Of course, some people think that the stock price will rise sharply, so they rush in and buy. After all, everyone has different ideas.

However, what many investors cannot imagine is that Hutchison Whampoa's stock price fluctuated for a few minutes after the opening. The stock price was always above HK$3, and then immediately surged straight up, reaching around HK$3.5 within a few minutes. The increase is about 17%.

The reason why this happened was because Li Jiacheng and others made no movement after the stock market opened. They wanted to see if the stock price would fall. They found that although there were many selling orders, the intensity of taking over orders was not small, but even greater. The stock price Take a volatile upward trend.

Knowing that they and others had lost by short selling, Li Jiacheng and others found that the stock price could not go down. Instead of suppressing the stock price, they increased their buying efforts and bought a large amount of stocks.

The stock price fluctuated at the price of HK$3.5 for less than five minutes, and then shot up again, reaching the price of HK$4, an increase of more than 30%.

Only ten minutes after the stock market opened, Hutchison Whampoa's stock price rose by as much as 30%, and it did not fall sharply at the price of HK$4. Instead, it fluctuated, which surprised many people.

When the stock price reached HK$4, many institutions and retail investors who had already shorted and those who had not yet done so did not know the inside story, so they chose to continue shorting in order to suppress the stock price.

However, today there are a lot of funds to receive orders, so it has evolved into a long-short game, with constant fluctuations and a very high amplitude. One moment, the stock price rushed to about 4.2 Hong Kong dollars, and the next moment it fell to about 3.8 Hong Kong dollars, with an amplitude of more than 10%.

Although Lin Baicheng did not go to the exchange in person to monitor Hutchison Whampoa's stock price trend, when Hutchison Whampoa's stock price rose by more than 30% in about 10 minutes, the employees below immediately called him to report the situation.

"It has risen so much. There must be a lot of extra funds to buy. Who could it be?"

Lin Baicheng was confused, but he didn't think too much about it. He directly called Iwasaki Mineryu and Anyuan, who were in charge of the operation, and asked them to directly buy a large amount of stocks and drive up the stock price until all the funds were spent. until finished.

A few minutes after Lin Baicheng finished the call, Hutchison Whampoa's stock price surged again, straight up, rising to above HK$5, and it continued to rise.

"What's going on? Why has Hutchison Whampoa risen so much today?" "It's already 5 Hong Kong dollars, and it's still rising." "Is it possible that the stock price can double today?".

Hutchison Whampoa's stock price continues to rise, to the point where many people doubt life and think it's too evil.

As a result, some funds that were preparing to go short, after seeing the rising stock price, suspected that some big funds knew the news in advance, so they did not dare to go short.

As for retail investors, as Hutchison Whampoa's stock price keeps rising, they think it will fall sharply when it rises by 20%, think it will adjust when it rises by 30%, think about it again when it rises by 40%, and think about it when it rises by 50%. I didn't dare to buy it, but when the price went up higher and higher, it was easy for me to choose to buy the stock in a hurry.

The vast majority of investors are like this. They are easily dazzled by the rising stock prices, and then take orders at high levels, becoming takers and leeks in the stock market.

However, investors who dared to rush in and buy stocks today are lucky and will not become leeks, because Hutchison Whampoa's stock price continues to rise. Although there was no adjustment and fall in the middle, there were not many adjustments. The overall price still fluctuated and rose, with an astonishing increase.

"If you want to buy a lot of stocks at low prices, don't even think about it!"

When Lin Baicheng learned that Hutchison Whampoa's stock price exceeded HK$5 and was still rising, he knew what he should do. He couldn't let the benefits of the large-scale buying of the stock go in vain.

Lin Baicheng called Wei Li's office: "Weili, have someone contact the major media and tell them that Hutchison Whampoa will make a major announcement at 11 o'clock."

"Okay Mr. Lin."

Wei Li agreed. Although he was a little confused as to why the news that was announced after the stock market closed was announced in advance, he didn't ask any more questions.

The news that Hutchison Whampoa was going to hold a press conference at 11 o'clock spread quickly. After learning the inside story, HSBC and Li Jiacheng both stepped up their buying of stocks. The stock price rose to the point where many people doubted their lives.

Today, Hutchison Whampoa's stocks are very concentrated. First of all, Lin Baicheng himself holds 49.9% of the shares, nearly 200 million shares.

Hutchison Whampoa's HK$100 million repurchase and the HK$100 million raised by Lin Baicheng combined to purchase more than 50 million shares. The cooperation between Lin Baicheng and Iwasaki Mineryu also bought more than 50 million shares.

As for HSBC, the number of shares purchased also exceeded 50 million shares.

All added up, the number of shares exceeds 350 million shares, which is not much different from 400 million shares.

The reason why the stock price was still falling before and now you can buy a lot of stocks with funds is because a lot of funds chose to short-sell by borrowing stocks from securities firms. Therefore, the overall number of circulating stocks is actually more than 200 million shares.

Although Lin Baicheng promised not to sell a single share of the stock, and he did so, he pledged 90 million shares to HSBC. The loan agreement he signed also agreed that HSBC could use the stock to lend money to the market for short selling. As long as HSBC repays him the corresponding number of stocks when he repays the loan, it will be fine.

The number of Hutchison Whampoa shares circulating in the market is nearly 300 million shares, and Lin Baicheng and HSBC hold more than 150 million shares. Therefore, the number of shares that can be purchased in the market is at most 100 million shares. The reason why it is the most is because it depends on how many stocks are short-sold by securities lending. If there are only 50 million shares sold by securities lending, then the overall number of shares in circulation is actually 250 million shares, not more.