Reborn as a tycoon in Hong Kong

In the hall decorated by Hutchison Whampoa, before eleven o'clock, all the reporters sent by various newspapers were already here.

Lin Baicheng is the boss of Asia Television, and Asia Television naturally sent reporters here, and will broadcast the news for a while on the noon news.

At almost eleven o'clock, Lin Baicheng and Wei Li arrived with several people.

"All journalists are welcome to attend today's press conference."

"Here today, we will give a positive response to the huge losses caused by our company's investment some time ago."

"Now, I would like to ask Mr. Lin to announce the investment matters to all walks of life. After that, Mr. Lin and President Wei Li will answer the reporters' questions. Each reporter can only ask one question. We also hope that all reporters can cooperate."

After the master of ceremonies finished speaking, Lin Baicheng knew that it was his turn to make an announcement. He immediately said in a deep voice: "Dear journalists, good morning, I am Lin Baicheng. Here today, I want to announce to all reporters the recent news about our company Hutchison Whampoa Investment insider information.”

"The external investment reports on our company are untrue. Our company invested US$150 million in gold futures. As of last night, the sales brought a total profit of US$125 million to the company, which is equivalent to HK$525 million in Hong Kong dollars."

The short gold futures in London were sold first last night. After settlement, a total profit of US$125 million was brought to Hutchison Whampoa. However, this money was not withdrawn, but was combined with the funds raised from HSBC. Put it on the account.

There is no real settlement and withdrawal, so naturally there is no need to deduct taxes or HSBC's financing interest, only a small amount of handling fees will be deducted.

In other words, the US$125 million is actually not Hutchison Whampoa's profit. The real profit is actually not that high, and financing interest, income tax and other expenses must be deducted. However, there is no need to explain this in detail to the outside world. Just tell them that the company made a profit of US$125 million.

"Oh my God, I make so much!" "More than HK$500 million, how is this possible?!" "How long has it been? It has only been a few months since Lin Baicheng took over Hutchison Whampoa!" "This is true Or is it fake?".

In the hall, reporters were talking a lot, obviously shocked by the numbers announced by Lin Baicheng. You know, it has only been a few months since Lin Baicheng took over Hutchison Whampoa. In less than half a year, he has brought more than HK$500 million in profits to Hutchison Whampoa. This is such a huge amount.

"Ahem, all reporters, please be quiet!"

After dozens of seconds, Wei Li suddenly spoke up and pointed a piece of paper in the direction of the reporter: "This is a certificate issued by HSBC regarding the company's investment profits. It can prove that what Mr. Lin said is true. There is no Not the slightest bit false.”

"Click!" "Click!".

After hearing this, the camera flashes kept lighting up, and all reporters took pictures of the certificate.

After the reporters took photos, the emcee said: "The following is question time. Journalists please ask questions in an orderly manner."

The first reporter named by the emcee to ask questions was a reporter from Asia Television. This was arranged in advance, and even the questions asked by the reporters were also arranged.

"I would like to ask Mr. Lin, since Hutchison Whampoa's investment is profitable, why didn't the truth be announced to the public in the press conference a few days ago? You have to know that because the truth is unclear, many investors who originally held Hutchison Whampoa shares will The shares were sold and now it looks like a very costly decision.”

This will definitely be asked or even questioned, so Lin Baicheng specially arranged for his own reporters to ask questions so that he could explain.

Lin Baicheng said: "The reason why the company did not choose to announce the truth to the outside world at that time was because the company invested in gold futures, and the futures market was constantly changing. What's more, Hutchison Whampoa's investment used 5 times leverage, and it actually fell by 1%. It is equivalent to losing 5% of the principal, so before the futures are sold, any details about the investment must be kept confidential, otherwise once it is blocked, heavy losses will be suffered.”

"Actually, if it weren't for the false reports from the outside world, the company would not have been prepared to end the investment at this point in time. However, for the benefit of all shareholders, the company had to choose to sell futures in advance and recover the funds. In this way, there would be no future investment. , the company can disclose the truth about its investment to the outside world.”

The next question was from a reporter from the "Hong Kong Economic Daily": "Hello Lin Sheng, I would like to ask, Hutchison Whampoa's investment has made more than HK$500 million in profits, will your company make similar large-scale investments in the future? What are your investment plans?”

"There will still be."

Lin Baicheng nodded and said: "However, in order to protect the safety of investment funds, the specific investment and how to operate it will be confidential and will not be announced to the outside world."

A reporter from the Xiangjiang Commercial Daily asked: "Excuse me, Lin Sheng, do you have anything to say to the general public investors about your company's stock price trend in recent days?"

Lin Baicheng said: "I know that after a large number of negative news about the company suddenly broke out a few days ago, a large number of shareholders will definitely sell the company's shares. I can understand this, but what I want to say is that the same thing happened that morning. time, the company announced the buyback plan, and I personally promised not to sell any shares, which has reminded shareholders of the company's management's confidence in the company's stock price."

"Here, it is necessary for me to state again that my acquisition of Hutchison Whampoa is not a temporary fad, but a comprehensive plan. I also ask everyone to believe that I can develop Hutchison Whampoa into one of the largest companies in Hong Kong. one."

"I know that after the news here appears in the newspapers, there will definitely be a large number of investors buying Hutchison Whampoa's shares. Among them, there will definitely be people who bought when the stock price was high and then lost money when the stock price fell back."

"But I want to tell these investors who have lost money, as long as you believe in me and believe that I will develop Hutchison Whampoa, then you will continue to hold the stock. As the company grows and develops, the stock price will definitely rise again and hit a record high New highs, the high you buy at any time is not the highest.”

Lin Baicheng is not deceiving people, but telling the truth. Especially in the past year or two, with the price of gold exceeding US$800 per ounce in the early 1980s, Hutchison Whampoa's investment will make huge profits, and temporarily taking over the market at a high level does not count. What, as long as you can hold on to the stock, it will definitely hit a new high, allowing investors to make money.

However, Lin Baicheng doesn't say these words often. Whether or not he listens to them is the investor's own business. He knows that he can just hold the stocks.

The press conference continued, Lin Baicheng continued to answer reporters' questions, and Wei Li was occasionally asked.

On the four major exchanges in Hong Kong, the news about Hutchison Whampoa's investment in making money came to the news after Lin Baicheng announced it. Then stock investors went crazy and queued up to buy Hutchison Whampoa's stock.