Reborn as a tycoon in Hong Kong

After leaving the Huo family, Lin Baicheng went directly to Hutchison Whampoa.

Although it is only after one o'clock and the company's official working time is two o'clock at noon, the Hong Kong stock market has already opened. The company's investment department is arranged to keep an eye on the company's stock price, so it has arrived at the company early. Lin Baicheng can know the company's real-time share price.

In the absence of interference from off-market funds, Hutchison Whampoa's stock price has been controlled by the British family of short sellers. After the market opened at noon, the stock price still fluctuated between 16 Hong Kong dollars and 19 Hong Kong dollars, and the short sellers continued to accumulate funds in this range.

Just as the time was about to reach two o'clock, a large amount of money suddenly appeared and kept buying Hutchison Whampoa's stocks. Even Henry Kasik and others tentatively sold millions of shares and were taken over.

Obviously, this is a large amount of funds entering the market to go long.

"Wait and see first, don't rush into action."

After discussion, Henry Kasik and others decided to wait and see how strong this fund was before they responded.

The funds that appeared in this stock were Guo Henian's funds. After the stock price rebounded to above 20 Hong Kong dollars, he stopped buying it and waited until Hutchison Whampoa's stock price dropped to 20 Hong Kong dollars again before buying again.

Henry Caesar and others watched for about ten minutes, and also found that the sudden appearance of funds was purchased through the Bank of East Asia, but the specific funds were not known for the time being.

"Guys, what do you think?"

"This stock is obviously trying to buy the bottom below HK$20. We can't just watch it continue to buy. This will bring up the stock price and allow more funds to enter the market to buy. People who originally wanted to sell will also hold on. Share to watch.”

"If that were the case, we wouldn't be able to buy a sufficient number of shares below HK$20."

"The cost price of the 70 million shares we shorted at the beginning was above HK$30, so we don't have to worry about it for the time being. Later, we sold 48 million shares at the price of HK$21, and then we bought nearly 13 million shares back, and now we still have more than 35 million shares. The cost price is HK$21. If we start buying back stocks now, we won’t suffer losses, but basically don’t think about making money.”

“In addition to wanting to make a fortune by shorting Hutchison Whampoa, we also want to suppress Hutchison Whampoa and the Chinese capital Lin Baicheng, so that more Chinese capital will know the power of our British-owned family, so that they will not dare to stretch their hands again. "

"Hutchison Whampoa, Wharf, and Hong Kong Electric were all controlled by our British capital in the past, but now they have been acquired by Chinese capital. If we don't take action, more Chinese capital will target them. With the business under our name, we will be very busy at that time.”

"Yes, buying back the stock now can indeed ensure that our short selling will not lose money, but Hutchison Whampoa's stock price will definitely rise in the future. Our purpose of suppressing Hutchison Whampoa will not be achieved at all, so this action will be useless. It makes no sense. Therefore, I think we should continue to suppress the stock price of Hutchison Whampoa and drive the stock price down. Even if a large amount of funds take over, at most we will lose some money. If we have so many people to share it, everyone’s loss will be quite limited. .”

“However, if we suppress Hutchison Whampoa’s stock price and let Chinese capital see our determination, I believe that when another Chinese capital wants to acquire our company, they will carefully consider whether they can withstand our pressure. "

"I also support continued short selling."

“That’s right, continue to sell short and drive down Hutchison Whampoa’s stock price!”

"I also support short selling, let everyone express their opinions."

"Short!"

"Short."

After some discussion, Henry Caesar and other British-owned families decided to continue shorting Hutchison Whampoa and suppress the stock price.

After the short side made the decision, a large number of sell orders appeared on the stock market, and soon Hutchison Whampoa's stock price dropped to around 18 Hong Kong dollars.

After reacting, Guo Henian's funds immediately began to increase their efforts to take over orders, taking as many as they offered.

The funds of the long and short sides started fighting again. At this time, the vast majority of the funds stopped buying, and the shareholders who held shares stopped selling, waiting for the game between the long and short sides to end. Of course, only the vast majority are not moving. At any time, there are risky funds who choose to buy, and there are also people who are afraid of heights who choose to sell.

At around two o'clock, Lin Baicheng, who was in Hutchison Whampoa, heard good news from Wei Li. Several banks, including the Bank of East Asia, were willing to give Hutchison Whampoa a total loan of HK$600 million, as long as they used real estate of the same value as collateral. .

In other words, these banks gave Hutchison Whampoa full loans as collateral, and their intention to make good friends with Hutchison Whampoa was quite obvious. Among them, the Bank of East Asia provided a loan of HK$400 million, and the other banks combined a loan of HK$200 million.

When Lin Baicheng learned about this, he immediately asked Weili to arrange for relevant personnel to sign a loan contract with the bank, and at the same time arranged for investment personnel to open an account at the corresponding lending bank. After the company announced the buyback news, he began to buy Hutchison Whampoa's shares.

Two-thirty past, Hutchison Whampoa's loan procedures were still being processed, and the funds had not yet arrived. However, the long-short war in the stock market had come to an end.

After Henry Kaiserk and others sold 24 million shares, they finally suppressed the stock price again. After discussion, they still did not suppress Hutchison Whampoa's stock price below 15 Hong Kong dollars. They stopped when it was close to 15 Hong Kong dollars and started. Buy it back.

If the pressure continues, Hutchison Whampoa's market value will fall below HK$6 billion. They are worried that there will be funds that think Hutchison Whampoa's stock price is undervalued, and then enter the market to buy the bottom, which will give them another opponent.

This time, in order to suppress the stock price, they sold 24 million shares, and now they only have about 1 million shares left. If the bulls are stronger, they will be the ones unable to hold on.

In the morning, in order to sell down the long stocks at 21 Hong Kong dollars, they sold 48 million shares. Thanks to the 40 million shares they borrowed through securities lending, and the 20 million shares they secretly bought at a premium, 1,200 shares were left after selling. Thousands of shares.

Fortunately, they bought 13 million shares later, otherwise they would not have been able to withstand Guo Henian's HK$500 million capital purchase. This is because Guo Henian took over a lot of retail investors' stocks. Otherwise, they would have to sell about 2 million shares. At that time, their stocks would not be enough to sell, and the bulls would win, and the situation would inevitably change drastically.

After suppressing the stock price, Henry Caesar and others began to buy low and sell high again, controlling Hutchison Whampoa's stock price between HK$15 and HK$18, and continued to accumulate funds.

Speaking of which, the stock price has reached its current level. Whether Lin Baicheng made the first purchase at a cost price of HK$23.85 or the second purchase at a cost price of HK$21, when going long with five times leverage, the lowest loss exceeded As much as 20%.

Fortunately, Lin Baicheng had already told Maori Haruko and the others to pay attention to replenishing the margin. Before the price of 21 Hong Kong dollars collapsed, they replenished the margin of US$100 million. It can fall by as much as 40%. After averaging the cost prices of the two purchases, it is safe as long as the stock price does not fall below 14 Hong Kong dollars.

(Both chapters about asking for leave have been completed)