Reborn as a tycoon in Hong Kong

Hutchison Whampoa's share price continued to rise after the stock market opened in the afternoon.

As of the afternoon close, Hutchison Whampoa's share price closed at HK$18.6, with a total market value of HK$7.44 billion.

In fact, Hutchison Whampoa's stock price once exceeded HK$20 at its peak, with a maximum price of HK$20.18, and then adjusted back. Fortunately, the adjustment was not large.

It is normal for Hutchison Whampoa's stock price to adjust. You must know that Hutchison Whampoa's closing price last Friday was HK$3.02, and today's closing price is HK$18.6, an increase of 515.9%. With such a big increase, there will definitely be a lot of profit taking. It is already very good if there is no big drop during the adjustment.

The next day on Tuesday, Hutchison Whampoa's stock price continued to rise sharply, closing at HK$23.57, an increase of 26.72%.

On Wednesday morning, Hutchison Whampoa's share price exceeded HK$25, and its total market value officially exceeded HK$10 billion.

Lin Baicheng holds 49.9% of Hutchison Whampoa, which is equivalent to a wealth of HK$5 billion. It's a pity that this is paper wealth. Not to mention that he will not sell stocks. Even if he does, with his large holdings, selling a large amount will inevitably cause the stock price to plummet. There is no way he can sell as much as 5 billion Hong Kong dollars. .

During the lunch break, Lin Baicheng went to the Peninsula Hotel to find Iwasaki Mineryu.

Iwasaki Mineryu congratulated: "Mr. Lin, congratulations, Hutchison Whampoa's stock price has exceeded 25 Hong Kong dollars, and the total market value has reached 10 billion Hong Kong dollars. Your net worth has increased significantly."

"This is just paper wealth."

Lin Baicheng shook his head and didn't take it seriously.

Iwasaki Mineryu smiled and said: "Even so, Mr. Lin, your wealth has increased a lot."

"That's true."

Lin Baicheng smiled and said, "Iwasaki-kun, let's not talk about this anymore. Let's talk about the delivery price that you and Niu Bijian discussed." The day before yesterday, Niu Bijian talked to Iwasaki Mineryu, but the two parties did not agree on the price. They had been talking for two days. Lin Baicheng and Iwasaki Mineryu agreed on a price range and left the details to Iwasaki Mineryu. Not long ago, Iwasaki Mineryu contacted him and said that the negotiations were settled, so he came over.

Mineryu Iwasaki looked serious and said with joy: "There are a little more than 36.65 million shares in total, and the transaction price is HK$910 million, which is equivalent to the exercise price of HK$24.83 per share. This alone made us a profit of HK$690 million. "

“The harvest this time is indeed much beyond my expectation.”

Lin Baicheng also looked happy. At the beginning, he did not expect that Hutchison Whampoa's stock price could rise so much, making huge profits in both the futures market and the stock market. Although it was a pity that half of it had to be given to Iwasaki Mineryu, he had no choice but to find someone to cooperate since he had no funds at the time.

Mineryu Iwasaki said: "Lin Jun, I will sell the remaining short orders above the exercise price of 25 Hong Kong dollars. How will the transaction be when I see the specific price? If I can't wait for the delivery day to come, I can just hold the stock." .”

"You take control of this aspect."

Lin Baicheng nodded. The cost price of the remaining 140 million short orders is only HK$4.2. Even if it is sold at the exercise price of HK$25, it can be sold for 830 million or nearly HK$840 million, making a profit of about HK$700 million. .

Added up, from the options market alone, Lin Baicheng and Iwasaki Mineryu can earn about 1.4 billion Hong Kong dollars, and each of them can earn at least more than 150 million US dollars.

"When are you going to start selling stocks? I have asked people to slowly start selling some of the stocks that Hutchison Whampoa repurchased."

Lin Baicheng said that the HK$100 million repurchased by Hutchison Whampoa was a temporary repurchase of funds originally used for development. Therefore, a certain number of stocks need to be sold to withdraw funds, so as not to affect the company's normal development.

Hutchison Whampoa's HK$100 million capital repurchased a total of 27 million shares. Lin Baicheng planned to keep 10 million shares. When the stock price exceeded HK$20 per share, he had people sell them slowly to recover the funds.

The reason why 10 million shares were left was to use them as equity incentives for Hutchison Whampoa's management. However, although he has left such a large number of stocks, it does not mean that he will immediately reward all of them to the management. Instead, he will give stock rewards in varying amounts according to their abilities. Just 10 million shares can be used. how many years.

Similarly, a total of 27.8 million shares were purchased with 100 million Hong Kong dollars raised from companies such as Galaxy Games. Lin Baicheng also asked people to sell them slowly after the stock price exceeded 20 Hong Kong dollars. These funds will also be used to develop other industries. You can't hold the stock forever, and you can slowly sell it when the stock price is almost the same.

Iwasaki Mineryu said: "We hold a total of 55 million shares of Hutchison Whampoa, which is a lot. However, Hutchison Whampoa's stock price will definitely exceed 30 Hong Kong dollars per share in the next few days. I am prepared to wait for the stock price to reach 30 Hong Kong dollars per share. Sell ​​the shares later, Mr. Lin, what do you think?"

Lin Baicheng was a little worried: "I'm worried that once the stock price reaches that price, it won't be able to move up. And since we hold so many stocks, we won't be able to sell much by then and the stock price will fall."

"After all the long option orders are delivered, even if the tax is paid, it will be enough to recover US$200 million in funds, so we can say that there is no cost for the stock. Therefore, if necessary, we can hold the stock for a longer period of time."

Iwasaki Mineryu said something, and then asked: "Now I want to ask Mr. Lin, is it true that your holdings will not be sold in large quantities? Do you have any guesses about Hutchison Whampoa's performance this year? Can you What is the main support price level of HK$20 per share?”

"None of the shares I hold will be sold in the past two years. I am not fooling investors on this point."

Lin Baicheng gave an affirmative answer, and then said: "As for performance, I dare not make too many guarantees to you, Mr. Iwasaki, but I can guarantee that Hutchison Whampoa's performance in the past two years can support the stock price of HK$50 per share. Even higher is entirely possible.”

Lin Baicheng was still not satisfied with his words. By the beginning of 1980, by taking advantage of the long position in gold futures, he could guarantee that Hutchison Whampoa's total profit in the past two years would definitely exceed HK$5 billion, or even more. Coupled with the recovery of the real estate industry, House prices continue to rise, and a market value of HK$20 billion is nothing to Hutchison Whampoa.

"I believe what Mr. Lin said!"

Iwasaki Mineryu was a little surprised where Lin Baicheng had such great confidence, but anyway, these were pure profits, so he said: "Now that Mr. Lin has said this, I am more confident. We can sell it when the stock price exceeds 30 Hong Kong dollars. If it falls, you can sell it as long as it is above HK$25. If it falls again, just hold it for now."

"As long as Iwasaki-kun doesn't mind the slow return of funds."

Lin Baicheng nodded and had no objection. Anyway, he would definitely make a lot of money this time. It was just a matter of making more or less.

After the stock market opened in the afternoon, a large number of delivery orders appeared in the futures market, and orders worth HK$455 million were completed. This was agreed upon by Niu Bijian and Iwasaki Mineryu. The reason why only half of the contract was delivered was because the remaining half had to wait until the next week to be delivered. Niu Bijian and the others needed time to raise funds.

Iwasaki Mineryu had no objection to this. Anyway, even if Niu Bijian and the others regretted not delivering the goods at that time, they would still have to return the stocks when the time was up. There would be no big difference.

Niu Bijian and the others will definitely not go back on their word. Unless Hutchison Whampoa's stock price falls sharply in the next week and falls below the price of 20 Hong Kong dollars, there will be no point in their going back on their word. Because if they choose to return the stocks, they must buy a large amount of stocks, which will inevitably cause the stock price to continue to rise, and the cost price of their purchases will not be low, so it makes no sense to return the stocks.

In fact, they are still buying stocks now. Even if the stocks they borrowed from securities lending are repaid, they are still buying them. They are completely speculating in stocks. They are preparing to make more money by doing it and make some blood every time so that they can lose less.