Reborn as a tycoon in Hong Kong

The last day of February.

It happened to be Saturday, and Lin Baicheng got together with some people.

Those at the party were all old friends, and except for Iwasaki Mineryu, they were all Chinese bigwigs in the Xiangjiang business community.

These old friends have cooperated a lot with Lin Baicheng. They were all partners in the short-selling crude oil futures investment last month.

When everyone was chatting, it was natural to inevitably talk about crude oil futures. After all, this is related to everyone's vital interests.

"Lin Jun, you are still awesome. After the crude oil price exceeded 40 US dollars per barrel, the upward momentum was limited and it quickly adjusted."

Iwasaki Mineryu praised that he believed that Lin Baicheng was right. His investment in short-selling crude oil futures last month had already begun to make money.

It is a pity that the investment this time is not much, and it is short selling, so the profit earned is limited and not too much.

"The price of crude oil has more than doubled in just two or three months, and it is impossible to keep rising forever."

Lin Baicheng smiled: "Let's not talk about the speculation in the capital market. Western countries, led by the United States, cannot let the price of crude oil rise too high. The industrial era is inseparable from oil."

In a narrow sense, there is actually no difference between oil and crude oil. Oil is crude oil.

However, crude oil is extracted directly from oil fields, while petroleum is refined from crude oil, so in a broad sense, petroleum includes crude oil and various refined oil products.

But in the futures market, the prices of the two are related. When one goes up, the other will go up, and the same goes for when it goes down.

Various machines in the industrial era are inseparable from oil, and naturally they are also inseparable from crude oil, which means the same thing.

Bao Yugang said with a smile: "Lin Sheng is so humble. It is not easy to accurately judge the price trend of crude oil. What's more, being able to judge the price is one thing, but whether you dare to enter the market and go short is another matter. .”

"Lin Sheng, at what price are you going to leave the short position this time?"

Zheng Yudong asked with concern. His capital was the thinnest, so it would be best if he could settle down as soon as possible.

Everyone was more concerned about this and immediately looked at Lin Baicheng.

Hearing this, Lin Baicheng said to several people: "The average cost of opening our short position, as everyone knows, is 38.43 US dollars/barrel. After the crude oil price rose to the highest point of 40.55 US dollars/barrel, it turned downward, and in the short term The decline has been relatively large, reaching the current price of US$36.63/barrel, a drop of more than 10%.”

"This is my plan. When the price of crude oil drops to 80% of our cost price, we can start to slowly close the position. We can close half of the position first and let this half of the profit be settled first."

"As for the remaining half of the position, let the trading team make their own judgment to see how low the crude oil price can fall. It is naturally best to make more money."

"It doesn't matter if the trading team makes a mistake in judgment. At most, we can close the position at a slightly higher price. It's nothing more than making less money for us on the remaining 50% of the position."

Lin Baicheng expressed his initial thoughts. A profit of about 20% is enough, and there is no need to gamble for higher profits.

Lin Baicheng led them to make money. In about two months, he could make about 20% profit. The average monthly profit of 10% can be said to be quite high. Besides, of course, the final profit cannot be only 10% or 20%. After all, their short selling is leveraged.

"Lin Sheng's arrangement is very good. Everything should be done in moderation and everything should be safe."

Huo Yingdong agreed very much after hearing this. They were still relatively new to this kind of game in the financial market. If Lin Baicheng hadn't made many big profits, he had the confidence to follow Lin Baicheng.

Bao Yugang also said: "The income of dozens of points is not low."

"Yes, that's why Lin Sheng has such ability."

Zheng Yudong calculated silently in his mind. Taking into account leverage, the profit was no less than 50%, which was already very high. He had no reason to be dissatisfied.

Lin Baicheng smiled and waved his hand: "Please stop complimenting me. If you continue talking, I will feel dizzy."

"Lin Sheng is so humble."

Guo Henian suddenly said: "Lin Sheng, although this investment has not ended yet, there is a high probability that it will make money again. You are the one who will make us money this time. It seems that we owe you several favors. If you have any If you need our help, don't be polite and give us a chance to return the favor."

The reason why I say this suddenly is mainly because it is no secret that Lin Baicheng wants to suppress and retaliate against Chen Songqing. Everyone can see it, otherwise Lin Baicheng would not publicly express his disapproval of the company Jianing Group after reducing his shareholding.

But obviously, Lin Baicheng's revenge has not had much effect so far, and has little impact on Chen Songqing and Jianing Group.

Bao Yugang echoed: "Guo Sheng is right, we still have some energy. Lin Sheng, if you need anything, don't be polite."

"Lin Jun, although I and Mitsubishi don't have much influence in Xiangjiang, we have some connections. Lin Jun, if you need anything, you can always come to me." Iwasaki Mineryuya said.

Lin Baicheng smiled and nodded: "Don't worry, everyone, I won't be polite if necessary."

Seeing this, Hu Yinxiang couldn't help but ask: "Lin Sheng, do you have an idea about Jianing Group?"

Lin Baicheng nodded slightly and asked a few people: "A few of you are relatively well-informed. I would like to ask, do the outside world think that I can't do anything to Jianing Group recently? Do they think I have no ability?"

"There have been some bad voices recently, but Lin Sheng, you are the richest man in Hong Kong, who dares to look down on you."

In fact, according to the news that Bao Yugang received, after Lin Baicheng's suppression of Jianing Group failed to work, many people believed that Lin Baicheng, the richest man in Hong Kong, was not worthy of his reputation and was just lucky. Now he has shown his true colors, but it is difficult for him to say these things. come out.

Huo Yingdong said: "Lin Sheng, since you have decided to suppress Jianing Group, you must make results, otherwise you will be looked down upon."

Bao Yugang nodded in agreement: "Brother Huo is right. This is Lin Sheng's first time using your sword. If you don't see blood, it will have a huge impact on your reputation."

"Thanks for reminding me, I've got it all figured out."

Lin Baicheng nodded and said a little bit: "Just wait and watch the show. I believe you will be able to see a good show in a while."

"Looking at Lin Sheng's appearance, he is confident."

Li Zhaoji was a little surprised. Like everyone else, he thought that Lin Baicheng had nothing to do against Jianing Group. But it seems that this is not the case now.

"Exactly."

Lin Baicheng showed a rare lack of humility and said with a smile: "Since I have chosen to suppress Chen Songqing, it is impossible for me to return without success. Let's just wait and see. In a short time, how high the Jianing Group will climb now, what will happen next?" That’s how hard it falls.”

"Lin Sheng, based on your tone, can you defeat the Jianing Group?"

Li Zhaoji was very surprised. You must know that the current total market value of Jianing Group is as high as 3 billion Hong Kong dollars, which is definitely ranked among the listed companies in Hong Kong. If such a large company is suppressed by Lin Baicheng, then Lin Baicheng will definitely shock Hong Kong, and no one will dare to offend him easily in the future.

"That's right."

Lin Baicheng said coldly: "Some time ago, when Hutchison Whampoa was still a shareholder of Carining Group, Chen Songqing actually sided with Li Pengfei and got very close to Yingzi. It was obvious that he didn't take me seriously. Since he dared not to treat me If he takes it seriously, then I will let him know the consequences of offending me. The bankruptcy of Jianing Group will be my revenge on him."

No one thinks there is anything wrong with Lin Baicheng's behavior. Shopping malls are like battlefields and can give the enemy a fatal blow, so don't keep him. Keeping him will only bring trouble to himself in the future. After all, he has already offended.

Bao Yugang said with concern: "Lin Sheng, Jianing Group is a big company, and there are HSBC and several British companies behind it. It's not that easy to bankrupt it. I think it's better for you to be cautious. , HSBC and British capital will definitely support the Jianing Group. Don’t let the time come when you fight with HSBC and them. Facing them, it will be difficult for you to win, Lin Sheng.”

"Thank you, Bao Sheng, for reminding me."

Lin Baicheng smiled and nodded: "Of course I can't compare to the combined strength of HSBC and British Capital, and I'm not prepared to go up against them. I will only target the Jiani Group. By then, HSBC and British Capital will not protect the Jiani Group. Even if Even if they want to protect it, they can’t.”

Huo Yingdong said: "It seems that Lin Sheng, you are really confident this time."

Lin Baicheng nodded with a smile.

"Then we'll have to wait and see."

After being surprised, Zheng Yudong and others couldn't help but think in their hearts. This time, they should take a closer look at how Lin Baicheng dealt with Jianing Group. He could actually make Jianing Group bankrupt, and HSBC and British Capital could not protect Jianing Group. , even if it is guaranteed, it cannot be saved, and they are very curious about this.

Huo Yingdong and others did not ask Lin Baicheng how he was going to deal with the Jianing Group, and Lin Baicheng did not take the initiative to tell them. Even if they asked, he would not go into too much detail.

Although Lin Baicheng did not think that Huo Yingdong and others had any contact with Chen Songqing and would not tell anyone else about his plans, he was cautious and did not plan to tell outsiders until the results came out to avoid any accidents.

If the king is not secretive, his ministers will lose; if the ministers are not secretive, they will lose their virginity; if several things are not secretive, it will cause harm.

This truth is very simple, and Lin Baicheng knows it very well.

Everyone then talked about other things, not just about Lin Baicheng.

For example, Bao Yugang, as crude oil prices rose sharply again, shipping costs increased significantly, which was a bad thing for shipping companies. Therefore, this strengthened Bao Yugang's determination to abandon ship and land.

Since the sharp rise in crude oil prices, Bao Yugang has increased the speed of selling oil tankers. In the past, he sold them at a discount of 30%, but now he sells them at a discount of 50%, which shows how strong his determination is.

The money raised from the sale of oil tankers was invested in the real estate industry. Part of it was injected into Wharf, and part of it was purchased directly.

Not everyone made the same choice as Bao Yugang. Shipping kings Dongjia and Wheelock, etc., at this time, they bucked the trend and bought oil tankers, freighters, or directly purchased new ships. They were betting on shipping. The downturn cycle is not long, and our own companies can survive this downturn cycle.

Once they can survive the downturn, they will buy ships at low prices at this time, and when shipping rebounds, they will immediately become one of the leaders in the industry based on the number of ships they have, making huge profits.

Of course, if you can't survive the cycle, the consequences can be imagined.

But businessmen all think their judgment is correct.

As a reborn person, Lin Baicheng certainly knew that Bao Yugang's strategy of abandoning ship and landing was the right one. But for people of this era, even Bao Yugang himself was not sure whether abandoning ship and landing was the right thing to do. Even Bao Yugang was mentally prepared to know that he had done something wrong.

It was precisely because of this mental preparation that Bao Yu did not completely sell off the shipping company just now. Although Bao Yugang has sold a lot of oil tankers now, in terms of the number of ships, the number of ships under his name is still the first in Hong Kong, and he is still the number one shipping king in Hong Kong.

In this way, even if Bao Yugang's strategy of abandoning ship and landing was wrong, it would be okay. For Bao Yugang, he just lost some money. The rebound in shipping can still benefit his company, and he can still make a lot of money. earn.

Zheng Yudong also talked about his business. In addition to real estate, his name is Chow Tai Fook, which is engaged in gold jewelry. Among them, the gold business suffered a lot due to the sharp rise in the early 1980s and subsequent adjustments.

Because during the period when the price of gold rose sharply, after discussing with the company's executives, he was worried that the price of gold would continue to rise sharply, so he stocked up a batch of goods. As a result, the price of gold fell a lot after adjustment, and was not even lower than his purchase price. So little that he suffered huge losses on the batch of gold he bought, losing millions of Hong Kong dollars.

Even though the loss is only a few million Hong Kong dollars, it is actually quite a lot. After all, Chow Tai Fook's annual profit is only over 10 million Hong Kong dollars. A loss of several million Hong Kong dollars is equivalent to a loss of half a year's profit.

Of course Zheng Yudong was depressed when this happened, but that's how business is done. If you make a mistake in judgment, you will suffer huge losses. The key is that for this mistake, he was the one who made the final decision, and he can only blame himself.

Then everyone talked about other people's successful investments, such as Li Zhaoji's investment in Towngas.

After entering the 1970s, the population of Hong Kong skyrocketed, and gas production was a very profitable business. Therefore, Jardine Matheson and Hong Kong Electric were preparing to acquire Towngas. However, the shareholders of Towngas, He Tingxi and Li Mingze, felt that they were not strong enough and approached Li Zhaoji for help. , with Li Zhaoji’s large purchases, the three Chinese businessmen successfully defeated Jardine Matheson and Hong Kong Electric.

Today, Li Zhaoji is already the major shareholder of China Gas, and this company is now very profitable, bringing Li Zhaoji generous returns every year. His investment was very successful at the beginning.

After the party, everyone went back.

After Lin Baicheng returned, he found time to contact Qin Lan. He didn't say much, but just told Qin Lan not to forget the time. He told Huo Yingdong and others to wait for a good show. He didn't want to become a laughing stock and the target of their show.