Reborn as a tycoon in Hong Kong
Chapter 305 Li Jiacheng wants to cooperate
Another week has come.
The price of gold fell sharply again, even falling below the price of US$200 per ounce. Although it rebounded later, the price of gold fluctuated around US$200 per ounce.
At the same time, the Hang Seng Index in Hong Kong also fell sharply again, falling below 500 points and fluctuating around 480 points. At this time, the Hang Seng Index has only increased by about 20% compared with the 400 points at the beginning of the year, which is not a big increase.
If this falls further, it will mean that the Hang Seng Index has not risen much at all for a whole year, and it will be lonely.
In this case, Lin Baicheng originally thought that the short sellers of Hutchison Whampoa would definitely take action. After all, the Hang Seng Index fell, causing most stocks in the Hong Kong stock market to fall, and Hutchison Whampoa was no exception.
In addition, the price of gold fell to about US$200 per ounce, and the cost price of Hutchison Whampoa's long gold futures was US$206.8 per ounce, which was a drop of about 3%.
Don't look at the decline of only about 3%. Hutchison Whampoa's long futures has a principal of 150 million US dollars and a financing of 1.5 billion US dollars to go long. 3% is 45 million US dollars. If converted into Hong Kong dollars, it is 190 million Hong Kong dollars, almost two Small goal.
Although Hutchison Whampoa's long position is a secret, since it is done through HSBC's channels, and there has already been a short-selling failure due to a short-selling error in judging the investment of gold futures, Lin Baicheng does not believe that there will be a second such fool. Hutchison Whampoa's specific gold futures investment must have been known to the short side.
As long as you are willing to spend money, this kind of thing is not difficult to find out.
With the Hong Kong Hang Seng Index falling and Hutchison Whampoa's share price already falling, the negative news of Hutchison Whampoa's investment loss of HK$200 million is extremely beneficial to the short side. This is the time to take action. Great time.
However, what surprised Lin Baicheng was that there was no negative news about Hutchison Whampoa. Although Hutchison Whampoa's stock price is falling, it is not falling much. It can only be said to be a normal stock price drop without a large amount of selling.
Lin Baicheng was very puzzled by this, but no matter what the short side thought, he chose to continue to implement the fixed increase plan.
Lin Baicheng approached Bao Yugang last week, but Bao Yugang declined after two days of consideration, saying that he had spent a lot of cash to acquire Wharf and currently did not have enough funds to take on Hutchison Whampoa's private placement.
Lin Baicheng knew that these were just Bao Yugang's excuses. Bao Yugang was probably not very optimistic about Hutchison Whampoa's future development, or he believed that investing in Hutchison Whampoa at a fixed increase price would not bring much profit, so he refused.
Bao Yugang was unwilling to accept the private placement. Of course, Lin Baicheng couldn't force it, and he wouldn't force it. All he could do was find the next private placement target. Anyway, with his own funds to back it up, this fixed increase plan will definitely not fail, so he is not worried.
It was under this circumstance that Shen Zhou from HSBC suddenly contacted Lin Baicheng and said that someone wanted to talk to Lin Baicheng about something by asking him to help connect people.
"Li Jiacheng?"
When Lin Baicheng learned that the man was Li Jiacheng, he immediately associated Li Jiacheng with the short seller Hutchison Whampoa. Who knew that Li Jiacheng had a criminal record?
"That's not right. If it was Li Jiacheng who shorted Hutchison Whampoa, what was he doing contacting me through Shen Porridge at this time?"
Lin Baicheng soon suspected whether he had guessed wrong. With this doubt, he went to HSBC's executive office at the appointed time.
"Lin Sheng, you're here, welcome." "Lin Sheng, long time no see!"
"Daban Shen! Li Sheng!"
Shen Zhou and Li Jiacheng were the only two people in the office, and Lin Baicheng went over to shake hands with them.
Although Lin Baicheng and Li Jiacheng did not deal with each other and each tried their best to deal with each other, they did not break up, at least on the surface. Therefore, when they met, they would treat each other with businessman-style fake politeness.
The three of them went to sit on the sofa.
"Li Sheng, I wonder if you have anything to talk to me about?"
After a few polite words, Lin Baicheng got straight to the point and asked directly.
When Li Jiacheng heard this, he didn't go around in circles and said directly: "Lin Sheng, you should be acquiring shares in Qingzhou Yingni, right? I have part of the shares in Qingzhou Yingni."
"Li Sheng's information is really well-informed. I asked myself that acquisitions have always been cautious. How did Li Sheng know about this?"
Lin Baicheng couldn't help but be a little surprised when he heard this. The acquisition of Qingzhou Yingni had always been carried out carefully and secretly. He didn't expect that Li Jiacheng would find out about it. It's not that he doesn't want to deny it, but he knows very well that since Li Jiacheng has said this, it must have been confirmed, and denying it has no meaning.
"Lin Sheng is very careful, but I have also asked people to acquire the shares of Qingzhou Yingni, and there are only a few shares circulating on the market. After the stocks are not easy to acquire, I will ask people to check everything. Naturally it fell into place.”
Li Jiacheng said aloud, but what he didn't say was that he used the power of HSBC to find out these from the exchange through HSBC.
Although the exchange has an obligation to keep confidentiality, this usually targets ordinary retail investors, and many people with high status can obtain similar information from the exchange through relationships.
In fact, the main reason is that the shares acquired by Lin Baicheng were placed under the name of Yum Securities. When others saw that it was Yum Securities, they did not know that it was Lin Baicheng who was acquiring it. If Lin Baicheng assumes the identity of a stranger and places the acquired shares in his name, it will not be easy to find out who is doing the acquisition.
Lin Baicheng nodded and said, "Okay, Li Sheng, what do you want to talk to me about?"
"I want to cooperate with you, Lin Sheng, and let's acquire Qingzhou Yingni Company together."
Of course Li Jiacheng wants to acquire Jinzhou Yingni by himself, so that he can not only own the largest cement company in Hong Kong, but also the Hung Hom land belonging to Jinzhou Yingni Company, and make a lot of money by developing the land. Pen.
However, with Lin Baicheng acquiring Qingzhou Yingni and Lin Baicheng holding a lot of shares, Li Jiacheng knew that it would not be easy for him to acquire Qingzhou Yingni. Even if the acquisition is successful in the end, the price paid will definitely not be small. At that time, the profits obtained through Qingzhou Yingni Company will be limited and of little significance.
In the final analysis, the purpose of acquiring Qingzhou Yingni Company is to make money. If the cost is too high, it is not worth it.
In this case, cooperating with Lin Baicheng is the best choice. As for whether Lin Baicheng is willing to cooperate, he definitely won't know until he gives it a try, so Li Jiacheng asked Lin Baicheng to talk to him through Shen Zhou.
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