Reborn as a tycoon in Hong Kong

While chatting, several people talked about Hutchison Whampoa being shorted.

"Lin Sheng, the stock price of Hutchison Whampoa is still below 25 Hong Kong dollars. Are you still prepared to continue to buy back shares?"

"That's right. The stock price is not high now anyway. When the stock price rebounds, Hutchison Whampoa can make a fortune by selling the shares it is repurchasing now." Lin Baicheng nodded.

"anyway."

Zheng Yudong asked curiously: "How much money has Hutchison Whampoa repurchased so far?"

"800 million Hong Kong dollars have been repurchased."

Lin Baicheng didn't hide it either.

Bao Yugang also asked: "Hutchison Whampoa announced that it is willing to spend up to HK$1.5 billion on repurchases. Are you really prepared to spend so much money on repurchases, Mr. Lin?"

"HK$1.5 billion is the upper limit, but there will still be at least HK$1.3 billion."

Lin Baicheng hopes that these people can contribute more money to buy Hutchison Whampoa's shares and help raise the stock price, so he will not hide his plan from them: "I am going to ask Galaxy Games to lend 500 million Hong Kong dollars to Hutchison Whampoa. This amount The money will be transferred to Hutchison's account on Monday, and Hutchison will use the money to make buybacks."

“There are definitely not many stocks circulating in the market now. I don’t believe that when we buy a large number of stocks, there will be no other funds to participate in long positions. The remaining retail investors who still hold stocks will insist on selling the stocks. Sell.”

"Lin Baicheng's funds are really strong!"

Zheng Yudong felt quite emotional. In less than two years after becoming rich, the cash he could use was almost equal to his entire net worth.

Guo Henian said aloud: "Now most of Hutchison Whampoa's stocks are in the hands of Lin Sheng and Lin Sheng's American friends. I own part of it myself, and Hutchison Whampoa repurchased part. Huo Laoge, Bao Sheng, Zheng The three of them hold a small share. As long as we don't sell the stock, the short side will lose and must buy back the stock at a higher price later."

Bao Yugang also agreed very much with this. He reminded: "What we need to guard against now is the underhanded tactics of short sellers, such as checking accounts, detaining ships, and asking banks to collect loans. No one knows what those British-funded families will do in the future. What kind of dirty tricks are you using?"

"We really have to guard against this."

Zheng Yudong strongly agrees with this: "This involves short selling of one to two billion Hong Kong dollars. In the end, it will make a profit of hundreds of millions of Hong Kong dollars or a loss of hundreds of millions of Hong Kong dollars. The difference between the two may be nearly one billion Hong Kong dollars. Such a big The money may completely make them take risks."

"Lin Sheng always brings a bunch of bodyguards with him wherever he goes, so there is no need to worry about safety."

Huo Yingdong couldn't help laughing as he said that. In the past, he thought it was unnecessary for Lin Baicheng to bring so many bodyguards wherever he went. Now it seems that it is not useless. At least he no longer has to worry about his own safety.

"However, beware of them targeting Hutchison Whampoa. In today's situation, unless there is major negative news about Hutchison Whampoa, it will be difficult for the short side to make a profit, so they will definitely continue to find ways to attack Hutchison Whampoa, thereby suppressing the stock price. the goal of."

"The best way is actually to end this struggle so that the short side can no longer resist, so that those British-owned families will not waste their efforts to suppress Hutchison Whampoa, and Hutchison Whampoa's size will also make the Many people are too scrupulous to help suppress Hutchison Whampoa."

"I understand what Huo Sheng said, but now all I can do is raise funds for Hutchison Whampoa to buy back. There is no other big benefit to raise Hutchison Whampoa's stock price."

Lin Baicheng shook his head helplessly. In order to deal with the short selling this time, he could say that he had done everything he could. If he hadn't spent $100 million on a pallet using five times leverage, Hutchison Whampoa's stock price would have crashed long ago. The short side might have ended the short selling at this time and celebrated with a huge profit.

It is said that the short-selling British-owned family was unlucky. It was not good to short anyone's company, but they chose to short Lin Baicheng's company, which had strong capital. If it were another company, it would definitely not be an easy task for the controlling party to come up with more than one billion Hong Kong dollars in one go. British-owned families would be very likely to succeed in short selling.

"Benefits can actually be created."

Bao Yugang smiled and said: "The short side can use off-market moves to create negative effects, and Lin Sheng, you can also create positive effects, just like you asked us to buy Hutchison Whampoa's stock."

"Does Mr. Bao have any good ideas?"

Lin Baicheng's eyes couldn't help but light up when he heard this, and he looked at Bao Yugang full of expectation.

"That's all I said."

Bao Yugang waved his hand, and then said: "I have no other way, but next Monday I will announce my optimism about Hutchison Whampoa again and continue to increase my holdings of Hutchison Whampoa's stocks. Although I don't have much funds to buy, the outside world But I don’t know, I can exaggerate a little bit when the time comes.”

The reason why Bao Yugang said this was because he judged that the short seller would fail this time, and Hutchison Whampoa's stock price would soon rebound. He saw that it was profitable, so he was willing to invest some more money to buy the stock. But this time, he took the initiative to enter the market, and Lin Baicheng didn't cover the purchase funds for him. If he lost, he would lose.

"This is a good idea."

Zheng Yudong couldn't help but nodded in agreement after hearing this: "Since Bao Sheng has said so, how can I be absent? Although my influence and funds are not comparable to Bao Sheng's, I can still contribute a little."

"If I were not worried about affecting the development of Hutchison Whampoa, I would like to join the board of directors of Hutchison Whampoa."

Huo Yingdong and Zheng Yudong are also not optimistic about the short side and believe that it is profitable to buy Hutchison Whampoa's shares now. However, unlike Bao Yugang and Zheng Yudong, Huo Yingdong has money and influence, but joining Hutchison Whampoa's board of directors is not beneficial to Hutchison Whampoa.

As a red family, Huo Yingdong was severely suppressed by the Hong Kong government and was unable to do many businesses. Take the retail industry as an example. He can't do business like opening a supermarket. If he does, he will be suppressed by the Hong Kong government. However, the vegetables in Hong Kong are inseparable from the supply of the mainland, so Huo Yingdong can do this kind of business again. The Hong Kong government Even if we don’t express support, we definitely won’t suppress it.

Taking the real estate industry as an example again, can't Huo Yingdong see that the prospects of Xiangjiang's real estate industry will get better and better? It's impossible even to think about it. There are so many big Chinese people involved in the real estate development business. How could Huo Yingdong not see how profitable this industry is?

But again, the Hong Kong government does not allow Huo Yingdong to engage in real estate development. However, the sand needed for construction in the real estate industry must be provided by the mainland. Therefore, Huo Yingdong has a monopoly on the supply of sand in Xiangjiang. Who in the real estate industry will not give Huo Yingdong some points? face?

"Thank you for your help. I'll toast you with tea instead of wine."

Lin Baicheng was very happy when he heard this. No matter how much money they were willing to contribute, it would be a small amount. Coupled with their influence, this was indeed a benefit.

The five of them chatted until evening, before Huo Yingdong and the four of them said goodbye and left.

Lin Baicheng felt that he should attend similar gatherings whenever he had time in Xiangjiang in the future. Relationships are all about work. If you don't keep in touch with others, how can the relationship between the two parties get better? Networking is a matter of mutual utilization of interests, but it also involves emotional support. Only by making frequent contacts can we build personal relationships.

As long as Lin Baicheng develops based in Xiangjiang in the future, he will definitely touch the interests of many people, and there will also be disputes with those Chinese families. This is inevitable. Therefore, Lin Baicheng is not prepared to have close friendships with too many people, but it is still necessary to make good friends with a few top Chinese families such as the Huo family and the Bao family. There is no need to go to the point where the whole of Hong Kong is the enemy.