Reborn as a tycoon in Hong Kong
Chapter 711: Meeting, earning certain British capital (two-in-one)
Galaxy Financial Building.
The secretariat has a floor here as its office space.
In the conference room, the Secretariat held an internal temporary meeting in the morning.
The current organizational structure of the secretariats in Hong Kong, Japan and the United States is that there is a secretary at the lowest level, followed by a slightly higher-level assistant. Above the assistant, there are three deputy directors. The highest level is naturally the secretariat. Long.
The current director of the Secretariat in Xiangjiang is Qin Lan. Two of the three deputy directors were promoted by previous assistants, namely Chen Zhixiong and Lan Meifang. The remaining deputy director is Lin Baicheng's personal secretary Chen Huixiang. .
The organizational structures of the three places are the same. Lin Baicheng's personal secretaries in the three places are all deputy directors of the secretariat. The added rank of deputy director is for the private secretary to better communicate with the secretariat and arrange for the people in the secretariat to do things.
There are currently four assistants in Xiangjiang. In addition to the original Zhao Ju, the three new assistants are Li Xiong, Yi Tianren and Zhao Weiwei. One more person will be promoted or recruited later, bringing the total number of assistants to five.
There are nearly twenty secretaries under assistants in Xiangjiang, mainly because Lin Baicheng has many companies in Xiangjiang, and basically every company has a secretary stationed there.
Of course, for a group company like Asia Star Media Group, except for very important subsidiaries, generally the subsidiaries do not send secretaries to station.
In this meeting, in addition to Qin Lan, the division chief and the two deputy division chiefs, there were four assistants, a total of seven people.
Qin Lan looked around at everyone and said, "Just ten minutes ago, Vice President Lin called. She had contacted the mainland."
Chen Zhixiong asked aloud: "Director, what did Mr. Lin say?"
Qin Lan solemnly said: "Vice President Lin said that Mr. Lin asked her to tell him on his behalf that he hopes there will be good news today and that the Supervisory Committee will lift the restrictions on Mr. Lin. Don't let him down."
"Mr. Lin is a little dissatisfied with us." Lan Meifang said after hearing this.
The others couldn't help but nodded in agreement.
Because of the promotions of Chen Zhixiong and Lan Meifang, the two of them competed with Qin Lan for power, but it was limited to the secretariat and did not cause a big fuss. There was at most a little friction between the three.
Lin Baicheng's beating on the Secretariat is equivalent to beating everyone else. Everyone in the Secretariat has the same interests. If everyone fails to do things well, the big boss will be dissatisfied.
Qin Lan said in a deep voice: "So, we must ask the Supervisory Committee to lift the restrictions on Mr. Lin today. It is time to be tougher."
Chen Zhixiong said: "Yesterday, Director Hankison publicly apologized to Mr. Lin, saying that there was no problem with Mr. Lin's reduction and cashing out. We can use this as a breakthrough point to let our people work hard."
"Besides, you can contact Secretary Russell and ask him to help."
The Secretary Russell mentioned by Lan Meifang was naturally not an ordinary person's secretary. He was the secretary of Governor Maliho. Although the name Russell is a Chinese name, in fact Russell is a white man. Just like many white people who use a Chinese name, Russell is his Chinese name, and his English name is not this.
Qin Lan took over and said: "In addition to Secretary Russell, other important officials in the Hong Kong government should also be contacted and asked to help apply pressure."
These have actually been filed before today, but now the big boss has clearly expressed dissatisfaction, so they need to speed up the progress and use more energy.
Soon, this matter was temporarily put aside.
Qin Lan continued: "Regarding Hutchison Whampoa's stock price, we need to pay attention. Once there is news that is unfavorable to Hutchison Whampoa or Mr. Lin in the market, we need to know it as soon as possible and respond."
"I'll keep an eye on it."
Chen Zhixiong replied that he was responsible for this matter.
"And one more thing."
Qin Lan said: "Mr. Lin said, let us pay attention to whether the media reports on him reducing his holdings and cashing out have always been there. If they are still reported now, let us find a way to divert the attention of the public and don't let the citizens keep staring. this matter."
"I watched the news when I came here in the morning, and there were many newspapers reporting on this matter, so we need to divert the attention of citizens."
"Mr. Lin proposed a way for us to create a big news to divert people's attention. Stars under Asia Star Media Group are the best choice."
"Mr. Lin will let us figure out how to do it."
This matter was not considered by their secretariat. In addition to the fact that a lot of things happened recently and other more urgent and serious things attracted their attention, they also did not think of these things because of the limitations of the times. .
But no matter what, the current situation is that the big boss reminds them what they should do, and this is their dereliction of duty.
Chen Zhixiong said aloud: "This is indeed because we did not think carefully and lost points with Mr. Lin."
Lan Meifang looked solemn: "Now is not the time to talk about this. Instead of admitting mistakes, we should get things done. Mr. Lin reminded us what we should do. If we still can't do it well, the loss of points will only be more serious." .”
Qin Lan said to Lan Meifang: "Deputy Lan, how about I leave this matter to you?"
"Let Li Xiong come with me."
Lan Meifang glanced at Li Xiong, one of the four assistants. He previously worked at Asia Star Media Group and took him to do things better.
Qin Lan immediately said: "Assistant Li, please assist Deputy Lan to handle this matter."
"Yes, Director!"
Li Xiong nodded in agreement, knowing that there was no room for him to refuse, he was just an assistant.
Qin Lan said to the two of them: "You'd better make a plan today. The reports tomorrow morning at the latest will become your plans, instead of the same reports as today by Mr. Lin. This time, we must let Lin He always sees our ability to act, and we can’t let him think that we are incapable, as that would be unhelpful to everyone.”
"Director, don't worry, we will get things done."
Lan Meifang solemnly promised that she would cherish being able to become the deputy director of the Secretariat and would definitely try her best to keep her current job.
"I trust you!"
Qin Lan believed that Lan Meifang would go all out and didn't dare to hold back. It would be totally against herself.
The meeting continues. In addition to the recent events that need to be dealt with, the big boss also has work in other companies in Xiangjiang that requires the secretariat to assist in handling, so corresponding manpower must be arranged.
However, when it was approaching nine o'clock, a clerk interrupted the meeting and reported something.
But it was the Bank of East Asia that had a problem. The Bank of East Asia could not withstand the pressure and no longer lent its channels to the operating team for Hutchison Whampoa stock purchases.
The Bank of East Asia said that as long as it does not buy Hutchison Whampoa stock, then there is no problem for the operation team to buy other stocks through the channels of the Bank of East Asia. However, the operation team cannot buy Hutchison Whampoa stock. It makes no sense.
Obviously, this is a method used by British investors. How exactly it was done needs to be investigated, and the investigation will take time.
Qin Lan said to everyone: "Let's talk about what should be done."
Chen Zhixiong said: "This is an internal matter of the Bank of East Asia. We cannot interfere. All we can do is find new channels."
"Why Bank of East Asia no longer cooperates? This is very important, but now is not the time to investigate this. I think instead of spending time here, it is better to lift the restrictions of the Securities Regulatory Commission first. As long as this matter is done well, is there any The cooperation with Bank of East Asia is the same," said Lan Meifang.
Chen Zhixiong agreed with this: "Yes, this is exactly the truth."
Qin Lan said to Chen Zhixiong: "Deputy Chen, you are responsible for investigating this matter. Mr. Lin will definitely ask about the reason. However, the main focus of our Secretariat is still on the Supervisory Committee. I am personally responsible for this matter."
"good!"
Chen Zhixiong did not refuse.
Qin Lan said to Zhao Ju: "Assistant Zhao, you are responsible for finding new cooperation channels for the operation team. What is needed is for the operation team to buy Hutchison Whampoa's stocks immediately. I hope you can do this well."
"I will try my best."
Zhao Ju felt the pressure. This matter was not easy to handle. But it was difficult to handle, but she had no room to refuse.
"The meeting is over, let's go and do our own business!"
Qin Lan ended the meeting, and everyone in the secretariat had a lot to do.
After the stock market opened in the morning, Hutchison Whampoa's stock price surged upward, but it did not rise too much. After rising by more than three points, the stock price began to fall. By ten o'clock, it had turned from rising to falling, and fell below the price of HK$80. .
After that, Hutchison Whampoa’s stock price continued to fall and there was no looking back.
The short side is exerting force again, but the long side lacks the large funds of the operating team, so naturally it cannot withstand the short side's selling orders.
However, the short side this time has nothing to do with British capital. British capital did not sell Hutchison Whampoa's shares. Instead, it began to buy a small amount after Hutchison Whampoa's stock price fell below the 80 Hong Kong dollar price.
The British capital resorted to means to make the Bank of East Asia compromise and no longer lend access to capital from the United States to purchase Hutchison Whampoa's stocks. However, this "American capital" can find other banks in Hong Kong, but the British capital cannot All institutions are offended.
In addition, the British capital already knew that the Securities Regulatory Commission was already unable to withstand the situation. Once the restrictions on Lin Baicheng were lifted, Yum Securities could buy a large amount of Hutchison Whampoa's shares.
Therefore, before these things happen, of course, British investors will buy more stocks. Anyway, it is profitable to buy British stocks below 80 Hong Kong dollars. It is just that they make more when they buy at around 70 Hong Kong dollars.
Hutchison Whampoa's stock price did not rebound and rise just because British investors started buying. Not only because British investors were slowly buying in small amounts, but also because there were more selling orders, Hutchison Whampoa was slow in buying from British investors. Fall slowly.
This is exactly what the British capital wants. If the stock price rebounds and rises because of buying too many stocks, it will not be worthwhile for the British capital. Not only does the buying cost increase, but the trend of stock prices rebounding is not a good thing either.
If Hutchison Whampoa's stock price rises, British investors will not choose to buy, but will choose to wait and see.
The half-day trading day passed by unconsciously in the morning.
After all, the time was too short. The operation team led by Haruko Maori had not found a suitable channel in the morning, so they did not buy any shares of Hutchison Whampoa in the morning.
On the other hand, the British capital bought a lot of stocks this morning. There were no other big funds competing with the British capital. In addition, the stock price fluctuated violently, so the British capital bought more than 10 million shares of Hutchison Whampoa shares in one morning.
It is precisely because of the majority of British capital that Hutchison Whampoa's stock price did not fall sharply in the morning. It was in a state of shock and only fell more than two points at the close.
Lin Baicheng's time today was not as tight as yesterday, so at noon, he contacted Xinhua News Agency in Xiangjiang. Through Xinhua News Agency, he contacted his sister Lin Shufang and learned about the situation in Xiangjiang in the morning.
He had nothing to say about the Bank of East Asia not cooperating with the operation team. It must have been pressure from the British capital. If the Bank of East Asia didn't want to cooperate, it couldn't force it.
However, due to the restrictions of the Supervisory Committee, Lin Baicheng once again asked Lin Shufang to notify the Secretariat to get the matter done and not delay it any longer.
In fact, Lin Baicheng knew that after so many days, Hutchison Whampoa's stock price was at a low level again. As expected, the British capital should have started to buy back the sold Hutchison Whampoa shares, and it is likely that they have bought back a lot. Now he will forget it. Being able to enter the market to buy Hutchison Whampoa's shares may not have much impact on British capital.
But even so, Lin Baicheng still wants the Secretariat to get the matter done as soon as possible. He cannot ignore it just because it may be useless. Whether the Secretariat can get the matter done in time is the focus of Lin Baicheng's concern.
Lin Shufang naturally told Lin Baicheng that Qin Lan and the others knew that they must get things done today, otherwise the big boss would be dissatisfied with them.
Fortunately, the progress is going well so far, Qin Lan and the others are not too worried.
In the afternoon, Hutchison Whampoa's stock price was still in a state of shock, fluctuating between HK$75 and HK$80. Occasionally it would break above HK$80, but it would fall back soon. However, the lowest price did not break through HK$75, because The lower the stock price fell, the more British investors bought.
At four o'clock, the stock market closed, with Hutchison Whampoa closing at HK$78.6, and its stock price fell slightly.
Throughout the afternoon, Lin Baicheng still didn't buy a penny of stocks. British capital kept buying without competitors.
However, at 4:30 p.m., the Securities Regulatory Commission lifted the restrictions on Lin Baicheng, and an employee was temporarily suspended.
It was a coincidence that the decision was lifted after the stock market closed. This was the last resistance of British capital. They did not want Lin Baicheng's funds to enter the market to buy Hutchison Whampoa's shares today.
Throughout the whole day today, British capital bought a large number of Hutchison Whampoa stocks. Adding the number of shares purchased earlier, British capital has almost completed covering its position, not too far behind.
For British capital, the profit from short selling this time is guaranteed, it is nothing more than making more or less.
The Secretariat has also completed its task. For Qin Lan and the others, as long as the Supervisory Committee lifts the restrictions today, it will be considered as completing the task.
For Lin Baicheng, the lifting of restrictions not only allows his funds to enter the market to buy Hutchison Whampoa stocks tomorrow, Yum Securities can also continue to conduct business. In addition, he bought a lot of Hutchison Whampoa stocks at low prices before. So barely considered a good thing.
The most important thing is that at this stage, the situation on the Xiangjiang side has not happened on the Bay Island, which is a good thing. Business can continue to be done without being affected.
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