Reborn as a tycoon in Hong Kong
Chapter 535 Bulls drive up the stock price (two-in-one)
Hong Kong Stock Exchange.
Monday is another trading day of the week and the exchanges are packed with people.
This year, there are more people doing stocks than in previous years. Otherwise, the Hang Seng Index is rising and has now risen to more than 660 points. Most investors are making money.
If you make money from stocks, there will naturally be more people trading.
However, in the case of Hutchison Whampoa, investors who bought the stock did not make much money this year. The current price of around HK$56 has not increased much compared to the beginning of the year.
Hutchison Whampoa's stock price has experienced large fluctuations from the beginning of the year to the end of September. If you get it right, you can make a lot of money. If you get it wrong, you will naturally lose more, while investors who don't move will only go up. A little bit, almost nothing to make.
Hutchison Whampoa's current market value of more than HK$20 billion can be said to be the largest stock in the Hang Seng Index. If this stock rises sharply, the Hang Seng Index will not even know where it will rise. Over six hundred.
Many investors couldn't hold on to the stock Hutchison Whampoa. They held it for a few months and saw little profit. However, other stocks followed the Hang Seng Index and soared. Many people would choose to sell the stock and choose to exchange for another. Only stocks are held.
But on the contrary, there are also some people who have been doing Hutchison Whampoa stock and doing big swings. Taking the two prices of 50 Hong Kong dollars and 60 Hong Kong dollars as the boundaries, once the stock price is lower than 50 Hong Kong dollars, you can start to buy slowly; once the stock price is higher than 60 Hong Kong dollars, then you can start to sell slowly.
One in, one out, one up and one down, once the band is done correctly, there will be a 20% profit, which is not low.
Chen Baocai is such a person.
Chen Baocai made his fortune from the Wharf stock, because the Hutchison Whampoa stock made his net worth soar, and both times were related to Lin Baicheng, so he believed that the richest man in Hong Kong, Lin Baicheng, was his guiding light, and he was optimistic about the listed companies under Lin Baicheng's name. Basically, make short-term profits in the swing range.
Successful people here in Xiangjiang are very superstitious. Chen Baocai even asked a "master" to do special calculations for him and concluded that he could make money as long as he followed Lin Baicheng.
The 'master' knows that he is doing stocks, and he also knows that he made his fortune from Wharf and Hutchison Whampoa, so he naturally knows what to say, otherwise how can he be a 'master'.
It can be said that Chen Baocai's luck is quite good. Although Hutchison Whampoa's stock has not risen much this year, Chen Baocai can be said to have made a lot of profits by hitting the right band several times.
Nowadays, Chen Baocai is no longer leading some people to do stock trading and collect commissions. He has opened a company specifically to do financial management, which is somewhat similar to a fund, except that people in his company can enter and exit at any time, and there is no so-called closed period.
Relying on this company, Chen Baocai was able to operate more funds and receive more commissions.
Up to now, in addition to his own capital of about 700,000 Hong Kong dollars, Chen Baocai also has investment funds of about 2.8 million Hong Kong dollars. In total, he can operate about 3.5 million Hong Kong dollars. Now these funds are all invested in Hutchison Whampoa stock. superior.
Not long ago, Hutchison Whampoa's stock price fell below HK$50. Chen Baocai's funds completed the position building and bought a total of more than 70,000 shares.
Originally, Chen Baocai was planning to wait for Hutchison Whampoa's stock price to rebound to above HK$60 before slowly starting to sell. By using the old method of short-term trading, he could earn HK$700,000 with a 20% increase. His own funds plus commission could be earned. 200,000 Hong Kong dollars is a lot.
However, the stock price of Hutchison Whampoa suddenly rose sharply in the past two days. It did not rise slowly as before. It was obvious that a large amount of funds were constantly buying, so that Hutchison Whampoa shares, with a market value of more than 20 billion Hong Kong dollars, fell in one trading day. It rose three to five points.
Chen Baocai is ready to continue to observe. If there is still a large amount of funds to buy Hutchison Whampoa's shares in the future, then there is no need to sell Hutchison Whampoa's stock price so quickly this time. Big funds enter the market to make money, not to help raise the stock price. Therefore, in order to ship goods, big funds will definitely push the stock price higher. Only in this way can big funds make money.
Early in the morning, under Chen Baocai's observation, Hutchison Whampoa did not open much higher, only 0.43% higher.
Moreover, after the market opened, Hutchison Whampoa opened high and moved low, quickly falling below the price of HK$55, and then fell all the way without rebounding.
Looking at the stock price trend, Chen Baocai did not move. After all, his original plan was to sell above 60 Hong Kong dollars, and now it has nothing to do with him no matter how it goes.
The time came to 10 o'clock in the morning. Within half an hour, Hutchison Whampoa's lowest point was close to the price of HK$54, a drop of as much as 3.5%. This can be said for Hutchison Whampoa, which has a market value of more than 20 billion Hong Kong dollars. It's a big drop.
However, after ten o'clock, Hutchison Whampoa's stock price immediately reversed, and large orders were purchased. Within ten minutes, the stock price turned from negative to positive, showing an upward trend.
"I have at least invested tens of millions of Hong Kong dollars in buying this way. Sure enough, there are big funds buying stocks. The previous decline must be that big funds deliberately suppressed the stock price so that they can buy more stocks at low prices."
Chen Baocai was very excited. The trend in the morning made him more certain that there were big funds sweeping up Hutchison Whampoa stock.
Although Chen Baocai didn't know why these funds bought Hutchison Whampoa stock in large quantities, one thing he was sure of was that Hutchison Whampoa's stock price could rise to at least HK$65 this time. Even if the funds were strong enough, wouldn't it? There is no possibility of touching the previous high of HK$70.
"Should I come in again?"
Chen Baocai couldn't help but ponder. Although all his funds had been bought into the Hutchison Whampoa stock and the company had no money, if necessary, he could find a bank to allocate capital and use leverage to buy the Hutchison Whampoa stock. .
There are definitely risks in using leverage, so Chen Baocai did not make a decision immediately and thought about it while watching the market. Anyway, his job is to watch the market.
On this day, Hutchison Whampoa's share price did not rise much, closing at HK$56.88.
However, Hutchison Whampoa's trading volume was very high today. The highest point of the stock price that day was close to HK$58. Unfortunately, it fell back and closed at HK$56.88.
Although the stock price did not increase much that day, Chen Baocai knew that the big funds that were long bought a lot of Hutchison Whampoa shares today, and many investors handed over their chips in today's shock.
With the mainland's reform and opening up to the outside world, although it has just begun, many international capitals have realized the importance of Hong Kong's geographical location. The mainland's huge population market is coveted, so many international capitals have established branches in Hong Kong. , or establish an office and serve as a front station.
International capital is also active in the Hong Kong stock market. They have a sharper vision than Chen Baocai. The stock price trend of Hutchison Whampoa on Monday confirmed that there are large funds doing long Hutchison Whampoa stock.
In other words, there will be big funds to promote the rise of Hutchison Whampoa's stock. If there are no major changes in Hutchison Whampoa's stock price, there will be a considerable increase.
International capital has such a judgment, but it does not mean that those capitals also want to go long on Hutchison Whampoa stock. Every institution has its own judgment. Some people are long, and others are short.
The reason for going long is very simple. When large funds enter the market, they will eat meat and drink soup, and together they will push up Hutchison Whampoa's stock price.
Short selling also has its own point of view. Hutchison Whampoa's stock price is a bit too high based on the company's annual profit. The reason why the company's stock price has been above 50 Hong Kong dollars for a long time is because the market has invested in Hutchison Whampoa. There is such an expectation of huge profit returns, but that is just an expectation, and the stock price is a bit exaggerated.
If no one is shorting Hutchison Whampoa, even if Hutchison Whampoa's stock price is a bit artificially high, as long as everyone thinks it will rise, then Hutchison Whampoa's stock price will definitely rise. It is possible that the price-to-earnings ratio will continue to rise. After all, the stock price is Driven by funding.
But if there are enough funds for short selling, when the company's market value itself is artificially high, as the stock price continues to rise, the price-to-earnings ratio will continue to rise, the risk will become greater and greater, and it will become safer and safer for the short side.
Of course, there are no secrets in the capital market. In the past, Hutchison Whampoa has been shorted twice, but the short side failed. Therefore, if you want to short Hutchison Whampoa, you must have sufficient funds and sufficient confidence. OK.
On Tuesday the next day, more funds were buying Hutchison Whampoa's stock, and Hutchison Whampoa's stock price continued to rise.
Yum Securities' funds are about to complete all positions, but now the funds from Lin Baicheng, Bao Yugang, Huo Yingdong and others have entered the market, and with the participation of institutions that have decided to go long, the bulls are unprecedentedly powerful.
Heavy buying drove Hutchison Whampoa's shares higher.
As Hutchison Whampoa's share price rises, there will definitely be some investors who hold Hutchison Whampoa shares who will choose to sell their shares because they have already made a lot of profits. They are worried that the stock price will fall later, so they choose to be safe. .
But similarly, chasing the rise and killing the fall is the mentality of many investors. After they see Hutchison Whampoa's stock price continuing to rise, they will choose to buy Hutchison Whampoa's stock and pray that the stock price will continue to rise, preferably to break through the previous high. 70 Hong Kong dollars, reaching a higher historical high price.
As of the morning's close, Hutchison Whampoa's share price exceeded HK$59, an increase of nearly 4%. Taking Hutchison Whampoa's market value as about HK$22.7 billion, the company's market value increased by HK$900 million in the morning.
If we only calculate paper wealth, Lin Baicheng, who holds almost half of the company's shares, has increased his wealth by about HK$450 million in the morning.
It's a pity that this kind of wealth growth doesn't mean much, because the stock price rises and falls. Unless Lin Baicheng sells his stocks one day and realizes it, then the realized wealth can really count.
After the market opened in the afternoon, Hutchison Whampoa's stock price continued to rise, hitting HK$60.
However, the stock price fell back when it approached 60 Hong Kong dollars. The 5-point increase was not low. More selling orders appeared. At the same time, the institutions involved in long positions no longer bought the stock. They wanted to wait and see. They want to see if the big funds that were long yesterday will buy in large quantities. If the stock price drops again, they can buy at a lower cost price.
The traders arranged by Lin Baicheng, Bao Yugang, Huo Yingdong, Guo Henian, Zheng Yudong, and Iwasaki Mineryu are certainly not fools who only know how to keep buying. They know how to buy while suppressing the stock price. If they buy more stocks after selling stocks, they will not buy so urgently and behave so conspicuously.
Now that they see the stock price falling, they will naturally suspend buying and let the stock price adjust for a while.
It only took three or four days at most to build a position with 1.2 billion Hong Kong dollars, so they didn't have much time. When Hutchison Whampoa's stock price adjusted to about 59 Hong Kong dollars, they began to arrange for people to buy a large number of stocks.
A few minutes later, some institutions began to follow up, while some long institutions chose to continue to wait and see.
At the close of the afternoon that day, Hutchison Whampoa's share price was HK$61.74, an increase of 8.54% that day, a market value increase of nearly HK$2 billion, and the total market value reached about HK$24.7 billion.
"Alas! What a pity!"
As the stock market closed that day, Chen Baocai sighed with regret. After all, he did not choose to use leverage.
As the stock price continues to rise, Chen Baocai's purchase cost after allocating funds will only get higher and higher, and the risks will also become greater and greater. Therefore, he can only watch the stock price continue to rise with hesitation. When the stock price exceeds 60 Hong Kong dollars, he suddenly I gave up the idea of using leverage.
Don't look at the fact that there are currently a lot of funds buying Hutchison Whampoa's stock, which has jumped 8.54% today. The bulls are very strong, but Chen Baocai is not sure whether Hutchison Whampoa's stock price can break through the previous high of HK$70.
If it cannot break through, then the increase in Hutchison Whampoa's stock price will be very limited, but the room for decline will not be small.
Although a little regretful, Chen Baocai is still very happy. After all, he now holds more than 70,000 shares of Hutchison Whampoa shares. Now the market value of these stocks has become about 4.35 million Hong Kong dollars, and his wealth has increased by more than 800,000 Hong Kong dollars.
And it is foreseeable that Hutchison Whampoa's stock price will continue to rise in the future. It should be no problem to rise to HK$65, which means there is still an increase of about 5%, and the wealth can be increased by about HK$200,000.
Although not all of this is Chen Baocai's money, a large part of it belongs to him. He will enter the ranks of millionaires and become a rich man, which is something he never dared to imagine before.
at the same time.
As the stock market closed today, HSBC's Shen Chow began to really pay attention to Hutchison Whampoa's stock price.
He knew that Hutchison Whampoa's stock price suddenly rose sharply last week, but he didn't think much about it at the time. He just knew about it. Although it didn't rise yesterday, the huge trading volume made him pay attention. Today's sharp rise let him know There is a lot of money going long Hutchison Whampoa.
Hutchison Whampoa's current share price has risen to HK$61.74. If it rises further, it will reach the share price when HSBC sold it. When the stock price rises higher, it means that HSBC's decision to sell Hutchison Whampoa's shares is wrong, which makes Shen Cong not pay attention.
After all, it was his decision to sell Hutchison Whampoa shares. Although it was also his decision to buy, the buying and selling operations did not cause HSBC to suffer losses. However, if the selling losses are too great, someone on the board of directors will definitely turn over old scores. , causing trouble for him.
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