Reborn as a tycoon in Hong Kong

Not long after lunch, Bao Yugang, Huo Yingdong, Guo Henian, and Zheng Yudong said goodbye and left Lin Baicheng's villa.

The four of them left in their own cars, but Bao Yugang's car followed Huo Yingdong's car to Huo's house.

"Uncle Bao!"

Huo Zhenting and Zhu Linlin were teasing their son in the hall. When they saw Bao Yugang, they immediately stood up and said hello.

Bao Yugang chatted with the two for a few words, and then followed Huo Yingdong to the study upstairs.

The two of them had nothing to be polite about. Bao Yugang said directly: "Brother Huo, what do you think about the fact that Hutchison Whampoa's investment has made a profit of US$980 million?"

Huo Yingdong could hear the meaning behind his words: "You want to ask whether this matter is true or not, right?"

"good."

Bao Yugang nodded slightly: "This is a profit of 980 million U.S. dollars, more than 4 billion Hong Kong dollars, and it only took seven or eight months. Although if you start long gold futures in February, 200 million U.S. dollars Using a leverage of about ten times the principal, it is indeed possible to earn as much profit as the US$980 million Lin Sheng said, but this number is too high, and it always feels a bit unreal."

Huo Yingdong understood: "Actually, I have the same suspicions as you. I believe Guo Sheng and Zheng Sheng also have doubts. After all, making an extra 4 billion Hong Kong dollars in half a year doesn't seem to be true. How can it be true in the world?" Is this true for such a profitable business?"

Bao Yugang shook his head: "I've earned about half of my lifetime wealth in just over half a year. It's really unbelievable."

"I can't believe it either, but that should be a fact. After all, if you use ten times leverage, the risk is still very high. It is normal for the risk to be high and the return rate to be high."

After a pause, Huo Yingdong continued: "Furthermore, I can't think of any reason for Lin Sheng to lie. Even if Hutchison Whampoa's $200 million investment is completely lost, it will have a significant impact on Hutchison Whampoa's stock price. He There is no need to falsify finances, tell such a big lie, and risk offending us to drag us into a sinking ship."

"If Lin Sheng had nothing but Hutchison Whampoa, then he might still take the risk, but he is not. He also owns Asia Star Media Group, Galaxy Bank, Galaxy Games, and Hong Kong Lamp Group, and there are many other assets that we don’t know about.”

"To put it mildly, even if Hutchison Whampoa suddenly collapses, although Lin Sheng's assets will be greatly reduced, he will still be a rich man and a tycoon in Hong Kong."

"Therefore, Mr. Lin has no need to offend us or commit financial fraud or break the law. What he said is true. Hutchison Whampoa did make a profit of US$980 million."

"Actually, I've thought about this too, but I'm just a little shocked."

Bao Yugang nodded in agreement. He also thought of what Huo Yingdong just said.

Huo Yingdong was not surprised when he heard this. Bao Yugang was not stupid, but very smart. Otherwise, he would not have worked hard to achieve such a fortune and even became the richest man in Hong Kong for a time until he gave way to Lin Baicheng.

After a moment, Bao Yugang suddenly said: "Brother Huo, the US$980 million is Hutchison Whampoa's profit. Do you think Lin Sheng has another fund to do long gold futures?"

"This is what I want to know too. Brother Bao, what do you think?"

Huo Yingdong had the same doubts.

Bao Yugang said his judgment: "To be honest, I can't be sure, but I think there should be. After all, he has the capital to go long, and the loss will not have a big impact on his business."

"It seems we have similar ideas."

Huo Yingdong said in a deep voice: "If Lin Sheng also spends 200 million US dollars to do long gold futures, it means that he will make a profit of 980 million US dollars this time. Nearly 1 billion US dollars of funds will become a propeller for his career and make his career more profitable." The business develops faster and becomes bigger.”

Bao Yugang said: "At first, we thought that Lin Sheng relied on temporary luck. As his career grew bigger and bigger, this view gradually changed. Now it seems that his career will only get bigger and bigger in the future." , his family will only become stronger and stronger in Xiangjiang in the future, until his career declines."

Huo Yingdong: "It is not easy for a huge group to collapse. Unless he gambles on the futures market again and fails and suffers huge losses, his career will not be able to sustain itself for ten to twenty years."

Bao Yugang: "For now, Lin Sheng is getting stronger and stronger. I think we need to strengthen our relationship with him. After all, if he continues to develop smoothly, he will definitely stand at the top of Xiangjiang in the future. . Xiangjiang’s resources are limited, and cooperation with strong people will help the development of our respective families."

"I think so."

Huo Yingdong agreed with this. He said with some regret: "It's a pity that there are no girls of the right age in our respective families, otherwise marriage would be the best choice."

"yes!"

Bao Yugang strongly agrees with this.

Whether it is a business family or a political family, marriage is often the most effective and reliable way of cooperation. Although one party to the marriage is also likely to betray, the price of betrayal will be greater, so both parties to the marriage will not betray easily, which gives both parties A more intimate basis for cooperation.

The families of Huo Yingdong and Bao Yugang are both wealthy families in Hong Kong. When they were still alive, they were sure that there would be no huge risks to the family, but they had to consider future generations. No one wanted their descendants to become ordinary people. , everyone hopes that the family will be prosperous and that the children and grandchildren will have endless wealth.

Therefore, Huo Yingdong and Bao Yugang will make connections, make more money, cooperate with strong people, and leave more resources for future generations.

Lin Baicheng's development is obvious to all, and he has now become the richest man in Hong Kong. Although many people think that Lin Baicheng's wealth is a bit fictitious. After all, most of his net worth is supported by Hutchison Whampoa, and Hutchison Whampoa's market value contains elements of speculation. It cannot be It counts, but no one will refute that Lin Baicheng's net worth ranks among the top ten in Hong Kong.

More importantly, Lin Baicheng is still young. He has such a career and wealth at the age of twenty. No one dares to say whether he will really become the richest man in Hong Kong or even the richest man in Asia in the future. It will definitely not be possible to make friends and cooperate with him. A bad thing is a bad thing.

…………

Iwasaki Mineryu arrived at Xiangjiang at around seven o'clock in the evening. When he returned to the villa in Repulse Bay, it was almost eight o'clock.

Iwasaki Mineryu was not sure whether Lin Baicheng was at home at this time, but he still tried to contact him. He was very lucky, Lin Baicheng was at home and did not go out tonight.

Moreover, Lin Baicheng expressed his welcome to Iwasaki Mineryu's visit.

There was a maid busy in the hall, and Lin Baicheng invited Iwasaki Mineryu to talk in the study upstairs.

Mineryu Iwasaki said: "Mr. Lin, you started to close your long gold futures orders, but you think the gold price has reached a high point?"

"Yes!"

Lin Baicheng nodded clearly and said: "The first time I started long gold futures was in November 1977. I hadn't started to acquire Hutchison Whampoa at that time, and I didn't have much funds on hand. The price of gold at that time was It’s only about US$160/ounce.”

"Now that the gold price has exceeded US$410/ounce, and it looks like it will continue to rise, we will calculate it at US$410/ounce. Compared with the original price of US$160/ounce, the increase is as high as 156.25%."

"The reason why I was optimistic about gold prices at the beginning was that the world economy would be in recession. As a precious metal, gold has a safe-haven position. A large number of funds would choose to buy gold to avoid losses in their own assets."

“The current price of gold proves that my original judgment was not wrong. The price of gold has risen sharply as I originally judged, and even increased higher than I originally judged. After all, I originally thought that the price of gold would only exceed US$300 per ounce. .”

Hearing this, Iwasaki Mineryu said: "Lin Jun, your judgment is not wrong. You only started selling after the gold price exceeded 400 US dollars per ounce, and received a huge return."

Waving his hand, Lin Baicheng continued: "I don't know whether the price of gold will continue to rise in the future, and how high it will rise. I can't be sure. But I think that unless there is a sudden huge benefit, the price of gold should not increase much. There is room for growth, after all, it has already increased so many times before.”

"In my opinion, since the upside potential is limited, why should I take the risk of going long in gold futures? My long orders have already made huge profits, so there is no need to continue taking risks for the final increase. It is almost impossible to sell at the highest point. Possible things.”

"Lin Jun, what you said makes sense."

Iwasaki Mineryu nodded in agreement. In the case of huge increases, there is really no need to take risks for possible small-band increases. It is right to be safe and secure. Only by completing settlement can you get real profits.

"Iwasaki-kun, how did you decide? Should you close your long order or continue to hold it?"

Although he felt that it was very likely that Iwasaki Mineryu would lose the long order, Lin Baicheng still asked. After all, Iwasaki Mineryu had made the opposite operation to Lin Baicheng many times before.

"Of course I followed your operation, Mr. Lin, and chose to close the long order."

Mineryu Iwasaki said with a smile. In fact, he had already liquidated 70% of his position, and the remaining 30% of the position was also planned to be slowly liquidated in the next trading day.

"Lin Jun, since you think the gold price will not rise much in the future, have you ever thought about shorting the gold price?"

Iwasaki Mineryu asked tentatively. He had thought about this, but if Lin Baicheng did the same, it would give him greater confidence.

"You want to go short?"

Hearing this, Lin Baicheng couldn't help but look at Iwasaki Mineryu. It would be okay if he was short-selling in the short term, but the sudden surge in gold prices may lead to adjustments. In the long run, short-selling is definitely seeking death.

"That's the idea."

Iwasaki Mineryu didn't hide it either. He also wanted to find out what Lin Baicheng was thinking and how he could hide it.

Lin Baicheng shook his head: "I won't do short selling."

"Why?"

Iwasaki Mineryu couldn't help but said: "Mr. Lin, are you not optimistic about shorting the price of gold? Don't you think that the price of gold will not rise much and that it is more likely to fall?"

"That's what I think, otherwise I wouldn't have closed the position."

Lin Baicheng nodded first, and then said: "But I think so, but it does not mean that I will go short. Compared with going long, I always think that the risk of shorting is greater, and I personally do not want to go short, no matter it is a stock. It’s still futures. This is just my personal investment style and has nothing to do with my judgment on the trend of gold prices.”

This is of course nonsense. The fundamental reason is that he knows that the price of gold will double again in the next half year or so, and the possibility of losses from short selling is too high, so he will not short gold futures.

If he knew that shorting gold futures would definitely make money, Lin Baicheng wouldn't mind going short. If you don't make money, you won't make it in vain.

Iwasaki Mineryu couldn't help but asked directly: "Lin Jun, do you think this short selling can be done?"

"I can't answer you that question."

Lin Baicheng shook his head and said: "You can decide for yourself whether to go short or not. I won't give you any advice." Again, under his advice, Iwasaki Horyū made a lot of money. All he could get was thanks. At most Mineryu Iwasaki introduced him to Japanese beauties and would not give him a share of the profits. But if a loss occurs under his advice, he will definitely be blamed, thinking that he is responsible for the loss, and it is not worth it.

"I see."

Seeing what Lin Baicheng said, Iwasaki Mineryu had no choice but to give up.

Lin Baicheng turned to say: "Iwasaki-kun, Bao Sheng and I have already agreed to use double the leverage to continue buying Hutchison Whampoa stocks. You will be responsible for financing 300 million Hong Kong dollars from Mitsubishi Bank. It will be done tomorrow. No Problem?"

"no problem!"

When Iwasaki Mineryu heard this, he agreed without even thinking about it. This was nothing to him.

"By the way, Mr. Lin, I checked after I went back and found that Bailong Commercial Club made a profit of more than 400 million U.S. dollars this time, and now has more than 500 million U.S. dollars in its account. Since it is no longer planning to do gold futures, how about the money? How are you going to arrange it?”

"I have no investment direction at the moment. The funds will be transferred to the account of Bailong Commercial Club after settling interest and paying taxes."

Of course Lin Baicheng will still invest, but he is not prepared to use Bailong Commercial Club's funds to invest, because doing so will expose his investment direction. He is not short of funds now, and there is no need to expose his investment direction in order to make more money.

"More than five hundred million US dollars is too much for Bailong Commercial Association. Mr. Lin, I think we need to use most of it as dividends. What do you think?"

Iwasaki Mineryu prefers to receive some cash through dividends rather than investing all the funds in the development of Bailong Commercial Club.

"Okay, 400 million U.S. dollars in dividends, what do you think?"

Lin Baicheng thought for a while and agreed. Although Japan's housing prices were rising as a whole before 1985, the real increase did not occur until after the Plaza Accord in 1985. Therefore, there was no need to invest too much in Bailong Commercial Club before 1985. It was too late to increase investment in 1982 and 1983.

In this case, there is no need to leave too much money in Bailong Commercial Club's account, and most of the funds can be divided.

"Just pay the dividends as you said, Lin Sheng."

Of course Iwasaki Mineryu would have no objection. He holds 49% of the shares of Bailong Commercial Co., Ltd., and he can get 196 million US dollars for 400 million US dollars. However, his total investment in this company is only 100 million US dollars, and he will make money after dividends. Double, not to mention that the valuation of Bailong Commercial Club is at least hundreds of millions of dollars.