Reborn as a tycoon in Hong Kong

Time has entered a new week, and stock market futures have begun trading.

The international gold price that Lin Baicheng is most concerned about quickly exceeded the price of 700 US dollars per ounce on Monday morning. It did not fluctuate, but continued to rise rapidly, as if it was constantly setting new highs.

This trend did not change Lin Baicheng's decision. His own long gold futures orders were being sold secretly, and at the same time, Hutchison Whampoa's long gold futures orders also began to be shipped.

The gold futures bullish operation operated by Golden Fleece Company moved, and all powerful institutions on Wall Street immediately knew about it.

However, you know what you know, but Wall Street institutions have no way to stop Golden Fleece from shipping.

The major institutions on Wall Street have previously agreed that after raising the price of gold to US$700 per ounce, they will no longer unanimously go long. Instead, they will each decide how to operate. They can continue to go long or close out the long orders.

After it was discovered that Golden Fleece Company's long orders were shipped, major institutions were divided. Some continue to go long according to the original plan, some decide to stop going long temporarily to check the situation, and some who were planning to sell at a higher price immediately choose to close their long orders.

Institutional disagreements still have a certain impact on the trend of gold prices. The long orders of Golden Fleece Company and Lin Baicheng are constantly being sold, but the funds to take over the pallets have become less. Therefore, the rapidly rising gold price has naturally slowed down its rise.

Fortunately, the rise has only slowed down, rather than turning from rise to fall. The overall trend of gold prices is still upward.

In other words, Lin Baicheng's overt and covert closing of long gold futures orders had an impact on the rise in gold prices, but the impact was not significant enough to reverse the trend of gold prices. His influence was limited.

Lin Baicheng didn't know that much. In his opinion, his shipments had no impact on the gold price trend. The gold price still rose, so of course he continued to ship.

Two days later, Lin Baicheng left New York on a private plane on Wednesday night and flew directly to Hong Kong.

In the past three days, the price of gold has exceeded US$730 per ounce, rising by as much as 5% in three trading days. However, Lin Baicheng himself has only a few billion US dollars left in the gold futures long order that he has not yet sold. Shipping went very smoothly for a few days.

As for Hutchison Whampoa's long gold futures orders, half of them were sold out. If the gold price continues to rise, all positions can be closed at US$750 per ounce.

Because there were not many long gold futures orders left that had not been sold, Lin Baicheng decided to leave the United States early and asked Maori Haruko to help him sit in New York to avoid anything happening at the last moment.

Although he felt that the possibility of something going wrong at the last moment was very small, Lin Baicheng did not want to take risks. Anyway, the more than 15 billion US dollars in funds he had previously liquidated had been transferred to the accounts of major overseas banks and funds. Even if the remaining funds were due to If something happens and he can't leave, then he will only make less money. First, he must ensure that the person is fine.

In Lin Baicheng's view, as long as others are not in the United States and have tens of billions of dollars in funds, even if something happens, the most they can do is not go to the United States or even give up the American market. He can still be his super rich man and his own Safety is the most important thing.

When Lin Baicheng returned to Hong Kong, it was already early Friday morning in Hong Kong time, while it was just Thursday afternoon in New York.

Lin Baicheng got in touch with Haruko Maori and learned that nothing happened in New York. The price of gold continued to rise, sprinting towards the price of US$750 per ounce. He sold part of his long order with Hutchison Whampoa.

Lin Baicheng was very happy to learn that everything was fine in New York.

Because it was already early in the morning when he returned to Xiangjiang, Lin Baicheng did not go back to his home in Repulse Bay. Instead, he spent the night in one of the villas outside.

Lin Baicheng was jet-lagged when he was on the plane, so he got up normally in the morning and returned to Repulse Bay.

"Son, when did you come back?"

Lin's mother, Zhao Huilan, was a little surprised that Lin Baicheng came back this time without saying anything in advance.

"Mom, morning."

Lin Baicheng said hello first, and then said: "I arrived in Xiangjiang in the early morning. I was afraid that it would affect your rest, so I stayed out for the night."

Zhao Huilan said: "Whatever the impact, it's best to come back and spend the night."

"I see."

Lin Baicheng responded, not planning to argue with the old man. "I decided to come back temporarily this time, so I didn't tell my family in advance."

"It's okay, your work is more important."

Zhao Huilan didn't think there was anything wrong with this. She called Lin Baicheng to her side and said, "Son, let me tell you something. If you have no objection to the wedding date of your sister and Yu Feng, your father and I will decide it." ”

Lin Baicheng immediately said after hearing this: "Mom, what can I say? It mainly depends on my sister. If she decides to marry Cheng Yufeng, then get married. I don't have any opinion."

"Our family can have such a good life now, and your sister's dowry also requires you to prepare a generous portion. How can I do it without asking your opinion? It's best if you don't have any problems."

After saying that, Zhao Huilan continued: "The date has been set, it is March 6, which is after the Lantern Festival."

"good!"

Lin Baicheng nodded.

Zhao Huilan said: "Son, what do your father and I mean? Our family is no longer a small family, so if possible, it is best to hold your sister's wedding in a big way, so that your sister can get married in a glorious way. It also saves face and makes life easier, what do you think?"

"no problem!"

When Lin Baicheng heard this, he agreed without thinking. Parents all over the world have the same heart. When their daughter gets married, anyone who has the conditions hopes that the wedding can be a glorious one. Cheng Yufeng's family background is not bad, but it cannot be said to be 'rich', so if he wants to have a successful wedding, he must of course rely on the Lin family.

"Mom, money is not a problem. Not counting the dowry, I spent 10 million Hong Kong dollars to hold a wedding for my eldest sister. I think this amount of money is enough to hold a glorious wedding, don't you think?"

"How can we use so much? It's a waste to spend so much money. A few hundred thousand Hong Kong dollars is enough."

Zhao Huilan immediately waved her hands after hearing this. They wanted to have a beautiful wedding, but they were absolutely unwilling to spend tens of millions of Hong Kong dollars on a wedding, even though they knew that the money was not a big sum for their son. no.

Even though hundreds of thousands of Hong Kong dollars are not a lot, for an ordinary family, after decades of frugality, they don’t have that much money, so hundreds of thousands of Hong Kong dollars are enough to hold a beautiful wedding.

"Mom, getting married is a major event in life. This is my eldest sister's first wedding, and I hope it will also be her last, so it must be done in a grand way. Let me see it this way. I will specially arrange for people to assist you in planning the wedding. You don't have to think about how much it will cost. , Anyway, this time we must do it with great splendor.”

Lin Baicheng discovered that the scenery in his eyes was different from the scenery in his parents' eyes. The two elders may not be willing to spend money, so it was better to let Qin Lan find someone to handle it. There was no need to save money.

"This will definitely be your sister's only wedding."

Zhao Huilan patted Lin Baicheng angrily, and then said: "Anyway, now that you have money, you can do it in a more glamorous way, so that your father and I will look longer. But son, you must remember that you must not be extravagant or wasteful. Money can’t do that either.”

"Mom, don't worry, I won't be extravagant or wasteful."

Lin Baicheng responded immediately. Although he no longer had any concept of money in life, and he wanted to eat and drink well, he would not be extravagant and wasteful. After all, he spent the money he earned.

Lin Baicheng did not stay at home for long. After his personal secretary Chen Huixiang came over, he went to Hutchison Whampoa with her.

"Mr. Lin!" "Good morning, Mr. Lin!".

When I saw Lin Baicheng come to the company, I had not seen Lin Baicheng's employees for a long time, so I bowed and said hello from a distance.

"Mr. Lin!"

When Lin Baicheng took the elevator up, Wei Li and others were waiting outside the elevator.

"Let them go about their business. Wei Li, come with me to my office."

Lin Baicheng said to Wei Li.

Wei Li responded and waved for others to go about their work, while he followed Lin Baicheng.

Entering the office, Lin Baicheng asked Chen Huixiang to notify Lin Shufang and Yuan Tianfan from Galaxy Bank to come over, and then asked Wei Li to sit opposite him and talk.

Lin Baicheng asked Wei Li across from him: "How is the development of Hutchison Whampoa recently? Have you encountered any difficulties?"

Weili said: "These are all small problems. We can handle them. You don't have to worry about it personally, Mr. Lin."

"When you say that, I feel relieved."

Lin Baicheng smiled. It is impossible for a company as big as Hutchison Whampoa to have problems, but it is good to solve them. It is best if Wei Li and the others can solve them. Once he needs to personally take action, it means that it is not a small problem.

Weili said: "Mr. Lin, the company's stock price is rising with the rise in gold prices. But you also know that the stock price does not only rise but not fall, so I am worried that the company's stock price will not rise too much. Soon There will be a correction and decline.”

"This is normal."

Lin Baicheng nodded: "If the company's stock price falls, let it fall. What we have to do is to run the company well, make the company's revenue and profits grow every year, and let shareholders get returns on their investment. As for the stock price, when it falls sharply, we Maintenance is indeed necessary, but the company’s stock price has risen a lot, and unless it falls to a certain level, there is no need for us to intervene.”

Wei Li reminded: "Mr. Lin, you are right, but I am worried that someone will take the opportunity to short our company's stock."

“Let’s wait until someone is short.”

Lin Baicheng shook his head. If it weren't for the fact that as the company's major shareholder and chairman, he couldn't short Hutchison Whampoa and could only choose to go long, he would have wanted to short Hutchison Whampoa at a high position, and the money sent to him would not be in vain.

Therefore, if someone really shorts Hutchison Whampoa this time, Lin Baicheng will not take action to protect the stock price. He will not intervene until at least it falls to a certain price.

In one sentence, they have started to sell their stocks. How could Lin Baicheng spend money on a high position? He is not a philanthropic person.

Weili asked tentatively: "Mr. Lin, is the company still investing in long gold futures this time? If this is the case, the company must have made a lot of money this time."

Lin Baicheng glanced at him and said with a smile: "It was also luck this time. I originally wanted to go long on the gold price and then short on it, but I didn't expect that the gold price suddenly rose sharply. So this time the company's investment can be said to be a big profit." ."

"Speaking of this matter, it really troubles me. Last time, the company's investment profits and additional funds were used to invest in the company's various businesses. This time, the company's investment has made a huge profit of 7 to 8 billion Hong Kong dollars. I still I really don’t know how to spend the money.”

Lin Baicheng was not worried at all that Wei Li would spread this word. He even wished that Wei Li would spread the word. If Wei Li had not done so, he would still have disclosed it to the public after the long order was closed, so that Hutchison Whampoa's stock price could continue to rise. Only then could he secretly sell some shares of Hutchison Whampoa.

Hutchison Whampoa's current market capitalization is about HK$50 billion, while its net assets are about HK$20 billion. A sudden increase in profits of HK$7 to 8 billion is equivalent to net assets of close to HK$30 billion. The valuation is not too outrageous. .

With a sudden increase in investment profits of HK$7 to 8 billion, investors will definitely have a higher premium on Hutchison Whampoa's valuation. To put it simply, investors believe that Lin Baicheng will develop the company better and make more money, and they are optimistic about the company's stock price and prospects.

"Mr. Lin, what you are talking about is really the trouble of happiness."

Wei Li was smiling, but he didn't know what to say. It would have been nice if he had had such 'troubles' when he first took over Hutchison Whampoa.

Lin Baicheng asked: "Wei Li, what do you think is the best way for the company to spend this money?"

Wei Lili thought for a while and said: "The company has invested a lot of money in various main businesses. There is no need to invest again in the short term, otherwise it will easily cause a waste of resources. Therefore, I think some of the funds can be used as dividends, and some of the funds can be used as dividends." to open up new markets.”

"Forget about dividends. After all, the last dividend was last August, less than half a year ago."

Lin Baicheng shook his head and rejected the dividend proposal. The real reason was that he had already begun to sell Hutchison Whampoa's shares. Although he did not sell much now, it did not affect his profit from the dividend.

But Lin Baicheng has now begun to sell stocks. If he gets another huge dividend, when the outside world knows about his reduction in shareholdings in a few months, the outside world will think that he is making a fortune before reducing his holdings at a high level.

Reducing holdings at a high level would already have caused criticism among investors. If he made a huge fortune before leaving, his reputation would be even worse. Lin Baicheng didn't want to lose big because of small things.

At this time, Chen Huixiang walked in and said that Lin Shufang and Yuan Tianfan were here.

"Let's stop talking here first. You go back and think about how to use the funds. We'll talk next time."

When Lin Baicheng heard this, he immediately asked Wei Li to go back first. He wanted to have a private chat with Lin Shufang and Yuan Tianfan. His sisters Lin Shufang and Yuan Tianfan helped him secretly sell Hutchison Whampoa's shares.

"Mr. Lin, I'm going out first."

Wei Li stood up and went out. At the door, he met Lin Shufang and Yuan Tianfan who came in. He said hello to them and then left. As for what the two people came to report to Lin Baicheng, it had nothing to do with him. He would not waste time guessing.