Reborn as a tycoon in Hong Kong
Chapter 256 The Necessity of Diversified Investments
"I choose 100,000 shares of company stock."
Wei Li said aloud, he had already had an idea about this.
Hutchison Whampoa's stock price is now close to HK$60. 100,000 shares is equivalent to nearly HK$6 million, which is more than HK$5 million. However, this is not the reason for his choice, because the stock price of Hutchison Whampoa is very likely to fall back and adjust in the future. It may fall below the price of HK$50, and then 100,000 shares will be worth less than HK$5 million.
The reason why Weili chose stocks was because he had no intention of leaving Hutchison Whampoa for the time being, and he believed that the company's stock price could grow to above HK$50 in a few years. After receiving the stocks, he planned to hold them for a long time.
"Okay, these 100,000 shares will be given to you along with equity incentives."
Lin Baicheng nodded when he heard this. Wei Li is the president of the company, so it is best to hold stocks, because only when the company develops better and the stock price is higher, the value of Wei Li's stocks will be higher. In this way, Wei Li will naturally not harm the company's interests, but will safeguard the company's interests, because safeguarding the company's interests is equivalent to safeguarding his own interests.
At this time, Peter Wei made a suggestion: "Mr. Lin, this time the company made a profit of 1.8 billion Hong Kong dollars. This is a huge profit. I think it is necessary to hold a grand celebration dinner and invite people from all walks of life in Hong Kong to participate."
After hearing this, Wei Li said: "Mr. Lin, I am also about to propose to you a celebration banquet."
"Since you think it is necessary to hold a celebration banquet, then go ahead and arrange it."
Lin Baicheng did not object when he heard this, and continued: "However, the celebration party cannot be held on Friday. That day is the final of Miss Asia. Asia Television will hold a related party that night, and I will go to attend." Therefore, time Should be staggered.
Wei Li immediately said: "Then let's set it on Saturday night. On weekends, people from all walks of life have more free time to participate."
Lin Baicheng nodded: "Then let's set it on Saturday."
After Wei Li and others went out, Lin Baicheng began to think deeply in the office.
Lin Baicheng was considering whether to sell the long gold futures with a principal of 200 million US dollars. The profit would be no less than 500 million US dollars, which is already a lot. Furthermore, although financial investment is highly profitable, industry is more important, especially technology in display screens, memory, chips, etc.
"It's better to wait a little longer. Anyway, we just need to make the settlement before the end of the year."
The high profits from gold futures investment made Lin Baicheng unable to make up his mind to end the investment. The reason why he decided to settle the investment before the year was because the current gold price has not risen very sharply, and the profit does not exceed 10 Billion dollars, not too much.
If he had waited until the gold price reached its peak, Lin Baicheng would have used US$200 million to leverage US$2 billion in leveraged investment, making a profit of three to four times, a profit of six to seven billion US dollars. With so much profit, and with Lin Baicheng's current investment method, he was worried that Goldman Sachs or the White House would find excuses to eat up his profits.
Don't think that this kind of thing can't happen. This is the late 1970s, and billions of dollars are not a small amount of money. It is enough to make some people reach out. The funds are in the United States. If the other party really swallows the money, Lin Baicheng has nothing to do. He even dared not go to the United States after this happened because he was afraid that his life would be in danger.
If the US$6.7 billion is converted into about one billion US dollars, it will be different. Although this is a lot of money, it is not worth what the White House does, because if such a thing is done, it will definitely affect the flow of capital. Other countries' funds in the United States will certainly worry about the safety of their own funds, so a billion dollars is not worth the risk.
It is precisely because of similar concerns that Lin Baicheng's gold futures investment was carried out through different banks for leveraged investments. Financing through Goldman Sachs is investing in the United States; financing through HSBC and Standard Chartered is investing in the United Kingdom; financing through Mitsubishi Bank is investing in Japan.
Spreading out means spreading the risk.
Although this is a bit troublesome in operation, if nothing happens, Lin Baicheng will only be in trouble, and there will be no other losses. If you put your funds in a bank or a country, if something goes wrong, you will be punished.
At around five o'clock in the afternoon, Hutchison Whampoa issued three announcements in succession. The first is that the company's non-operating investment profit was HK$1.804 billion. This profit has now been transferred to the company's account. The company's investment has come to an end. It is not yet certain whether it will invest in the future.
Article 2: Of the company’s profit of HK$1.804 billion, HK$970 million will be used to repay the company’s debts, HK$600 million will be distributed as cash dividends to shareholders, and the remaining funds will supplement the company’s cash flow.
Article 3: Regarding the dividend of HK$600 million, the company will convene an interim board of directors in the near future to apply for dividends to the board of directors. The specific equity registration and dividend date will be announced after the board of directors approves the dividends.
Regarding equity incentives for management, there has been no public announcement for the time being because this matter is relatively sensitive. It will not be too late to make an announcement after the board of directors approves it.
"Oh my god, I made so much money!" "The stock price will definitely rise again tomorrow!" "A dividend of HK$600 million is equivalent to a dividend of HK$1.5 per share, which is a lot!" "The richest man is about to pay it. You can get nearly 300 million Hong Kong dollars!"
After reading the news released by Hutchison Whampoa, many people started talking about it. They were either discussing how much the stock price will rise tomorrow, or they were discussing Lin Baicheng, the richest man in Hong Kong.
Yes, the outside world has now recognized Lin Baicheng as the richest man in Hong Kong. His stake in Hutchison Whampoa alone is worth more than 10 billion Hong Kong dollars, not to mention Lin Baicheng's other assets.
On the surface, Lin Baicheng is not reluctant to wear the title of the richest man. The premise is that Hutchison Whampoa's stock price can be sustained and the market value of at least 20 billion Hong Kong dollars must be maintained.
Lin Baicheng, who was still at Hutchison Whampoa, continued to receive congratulatory calls from various parties within a few minutes of Hutchison Whampoa's announcement.
An actual profit of 1.8 billion Hong Kong dollars was made, and all the funds were transferred to the company's account. This is indeed shocking. This is a profit that no company in Hong Kong can obtain in a year.
Even HSBC, which originally had the highest market capitalization, now earns less than HK$1.8 billion in annual profits.
However, as Hutchison Whampoa surges, HSBC's market value is also gradually rising, because HSBC holds 15% of Hutchison Whampoa's shares, and these shares alone are worth more than 3 billion Hong Kong dollars. For this 15% stake, HSBC only spent a few hundred million Hong Kong dollars, making a huge profit.
Lin Baicheng accepted congratulations from all parties familiarly, and at the same time did not forget to verbally invite them to attend the celebration banquet. The invitation letters will definitely be sent separately.
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