Reborn as a tycoon in Hong Kong

Some things cannot be hidden.

On Sunday, November 26, reports appeared in several financial and economic newspapers in Hong Kong that Hutchison Whampoa's investment losses exceeded US$100 million.

In the newspaper, it was clearly reported that Hutchison Whampoa was long gold futures at a price close to 210 US dollars per ounce. Now the gold price loss has reached 10%, and Hutchison Whampoa used 10 times leverage, so Hutchison Whampoa’s US$150 million Almost all the principal was lost.

In the reports of these newspapers, although the cost price of Hutchison Whampoa in US dollars was not reported as a specific figure of US$206.8/ounce, it was reported as close to US$210/ounce. This shows that the person who spread the news clearly knew that Hutchison Whampoa was Huangpu’s investment situation.

An investment loss of hundreds of millions of Hong Kong dollars was big news. Major newspapers immediately went to Hutchison Whampoa's senior executives to interview them. There were also a large number of reporters squatting outside Lin Baicheng's Repulse Bay villa.

Without Lin Baicheng's permission, Wei Li, Cheng Yufeng and others would of course not accept interviews from reporters and neither would speak to the public.

"The bears are taking action!"

After Lin Baicheng learned the news, he immediately thought that it was the work of the short side, and suppressed Hutchison Whampoa's stock price by reporting Hutchison Whampoa's investment losses. Judging from the current situation, Hutchison Whampoa's investment has indeed suffered huge losses, so the short side has obviously done the right thing.

Later, Lin Baicheng called Shen Zhou from HSBC.

"Daban Shen, you know all the reports about Hutchison Whampoa in the newspapers, right?"

"Lin Sheng, I just found out."

Shen Zhi on the other side of the phone said in a deep voice: "Lin Sheng, I know what you mean. But I can guarantee that Hutchison Whampoa's long investment was definitely not leaked from HSBC. HSBC is also Hutchison Whampoa's major shareholder. Now We still hold 15% of Hutchison Whampoa, and it will not do HSBC any good if this kind of negative news spreads."

"Taban Shen, not many people in Hutchison Whampoa know that the company has long futures investments, and only a few senior executives know the specific cost price. I don't think they leaked the news. It's your bank, but Someone with a criminal record.”

Lin Baicheng believed that it was more likely that the news was leaked from HSBC, but he also knew that even if the news was leaked from HSBC, as long as there was no evidence, HSBC would not admit it even to death for the sake of its own reputation. And of course he had his own purpose in making this call.

"Lin Sheng, this is impossible. Except for a few senior executives of HSBC, most of the directors do not know the specific investment situation of Hutchison Whampoa, so the news cannot be leaked from HSBC."

Sure enough, just as Lin Baicheng thought, Shen Porridge immediately cleared away the suspicion on HSBC and absolutely refused to admit that the news was leaked from HSBC.

"Now that things have happened, let's not talk about it for now."

Lin Baicheng didn't mean to go into details. He knew that there was no point in pursuing this now, so he said: "It is conceivable that the company's stock price will definitely fall sharply tomorrow. I would like to ask, will HSBC reduce its holdings of Hutchison Whampoa's shares? And, HSBC Do you have the ability to increase your holdings of stocks after the stock price drops to a certain price?”

"Lin Sheng, I have no way to answer you now."

After the small meeting, Shen Zong said sincerely: "HSBC holds 15% of Hutchison Whampoa's shares. This is not a small amount. Whether to reduce the holding depends on the ideas of the directors. As for increasing the holding, I can reply to Lin Sheng now , if nothing else, HSBC will not increase its holdings, after all, the 15% shares held by HSBC are already enough."

"Oh well."

Lin Baicheng did not force it. He knew that force would be useless: "Shen Daban, I hope you can help convince the directors of HSBC not to reduce their shareholdings at this time. There are people who are short selling Hutchison Whampoa, and now this The negative news is that if you, HSBC, continue to reduce your holdings, you don’t know where the stock price will fall, and your HSBC shares won’t be able to sell for much money.”

"Don't worry, Lin Sheng. I understand this. Besides, HSBC did not reduce its holdings when the stock price was as high as 50 or 60 Hong Kong dollars. Now the stock price has plummeted. Unless Hutchison Whampoa really has a big problem, it did not reduce its holdings when the stock price plummeted." principle."

What Shen Cong said is true. No one would choose to sell stocks when the stock price has halved. Unless the company's operations have major problems and are hopeless, they will definitely find ways to make the company's stock price rise back. This way you can sell for more money.

"Lin Sheng, I will ask someone to find out who is shorting Hutchison Whampoa. You should also think of ways to stabilize the stock price. At least you can't let Hutchison Whampoa's stock price fall too sharply."

"I'm afraid that the planned private placement cannot be carried out now. I will find another way."

Lin Baicheng responded, with such negative news, the stock price will definitely fall sharply tomorrow. Standard Chartered will definitely not accept a fixed increase at a price of more than 30 Hong Kong dollars, and he will not accept a lower price, so the two parties will definitely not be able to negotiate. .

After finishing the conversation with Shen Zhou, Lin Baicheng looked at the time and found that it was past twelve noon. Xiangjiang time is 15 hours ahead of Los Angeles time. In other words, it is past nine o'clock in the evening in Los Angeles, and Mouri Haruko probably hasn't fallen asleep yet.

Lin Baicheng called the villa in Beverly Hills to find Haruko Maori, who lived there. As expected, Haruko Maori was not asleep at this time.

Lin Baicheng asked Maori Haruko to go to Goldman Sachs to transfer US$100 million from his private account to an offshore company during daytime time in Los Angeles tomorrow, together with Isabella, Bill Harveys and Vivien Kelly. account, and then relied on the channels of Goldman Sachs and Morgan in the United States to wait for his order to use leverage to do long Hutchison Whampoa stocks.

Hutchison Whampoa's stock price will definitely fall tomorrow and next Monday, even if the fall is not too big. Lin Baicheng admitted it and let the short sellers make a fortune. But if there is a sharp drop, Lin Baicheng will let offshore companies use leverage to buy the bottom and go long, and make a fortune after the stock price rebounds.

At this moment, Lin Baicheng no longer needed to use his funds for fixed increase. Acquisitions in the United States will cost a lot of money. If the price of gold continues to fall, a lot of money will be required for deposits, so Lin Baicheng does not dare to spend too much money on private placement.

If a large amount of money is spent to catch Hutchison Whampoa's fixed increase, but the international gold price continues to fall, then Lin Baicheng needs a large amount of money as a deposit and can only transfer it from Galaxy Games, and doing so will inevitably affect the console's performance. R\u0026D speed.

After ending the call with Maori Haruko, Lin Baicheng made no other moves. There was not much he could do now.

(Thanks to ‘Qingquan 2010 Nanjing’ for the huge reward support!)