Reborn as a tycoon in Hong Kong

It was the same teahouse in Central, the same private room, and there were still Li Jiacheng and Feng Jinxi in the private room.

However, unlike last time, this time Li Jiacheng invited Feng Jinxi to come here for tea.

Had tea and chatted.

"Brother Li, you don't just want to invite me to tea today, do you?"

Feng Jinxi asked with a smile. Although this possibility was possible, he felt it was unlikely.

"Brother Feng sees it, then I'll get down to business."

Li Jiacheng's expression became serious when he heard this, and he said: "Thanks to Brother Feng's reminder last time, I knew that Lin Baicheng was acquiring the shares of Cangjiang Industrial. This time, when something good happened, I thought of you, Brother Feng. Courtesy reciprocates.”

"Oh? What's a good thing?"

Feng Jinxi's heart moved when he heard this, and a smile appeared on his face.

"Is such that."

Li Jiacheng said: "Brother Feng, you also know that I have a grudge with Lin Baicheng, so I am very concerned about him and the industries under his name, especially the company Hutchison Whampoa. I asked him about it more than a month ago. A piece of news related to Hutchison Whampoa. Lin Baicheng sold all the short-term investments in Hutchison Whampoa and invested all the funds recovered. Brother Feng, do you know what he invested in?"

"What did you invest in?"

Feng Jinxi asked cooperatively.

Li Jiacheng said with a smile: "He invested in gold futures, with a total of 150 million U.S. dollars, and even used 5 times the leverage with HSBC."

"Playing so big?"

Feng Jinxi couldn't help being surprised when he heard this and clicked his tongue: "Hutchison Whampoa's current market value is only a little more than 2.6 billion Hong Kong dollars, but he dared to use more than 600 million Hong Kong dollars to invest in gold futures, and also used 5 times the leverage. Losing 10% is equivalent to losing half of the principal, more than 300 million Hong Kong dollars, he is really bold."

"Yes, young people are bold."

Li Jiacheng was also quite emotional, shaking his head and saying: "And according to my understanding, this investment was decided by him. He only reported it to the board of directors after investing in gold futures. It was not discussed with other shareholders at all." I invested in it later.”

"To do this would offend other shareholders too much."

Feng Jinxi couldn't help but shake his head after hearing this: "Although he is the largest shareholder, with a shareholding ratio of more than 40%, and the other major shareholders can't do anything to him together, it is still possible to create obstacles for him in the board of directors and company management. He It shouldn't be done."

"He is a young man, and he acquired Hutchison Whampoa just when he was very proud of himself. How could he consider the feelings of other shareholders?"

Li Jiacheng smiled. This was better for him. If Lin Baicheng was an old fox who had been working hard in the mall for many years, it would definitely be difficult to deal with. He would be in trouble if he had a grudge against Lin Baicheng.

"That's true."

Thinking that Lin Baicheng only made his fortune last year and now controls a company as big as Hutchison Whampoa. When he is proud of his life, he will be arrogant. Feng Jinxi couldn't help but nodded in agreement.

Li Jiacheng said: "At first, I didn't pay much attention. Later, the price of gold rose to above 195 US dollars per ounce. At that time, I wanted to know whether Lin Baicheng's investment was long or short. If it was long, Then Lin Baicheng will make money, but if he goes short, he will lose money."

"Then is he long or short?" Feng Jinxi asked.

"Go long."

Li Jiacheng said: "I asked someone to spend some money to inquire, and the inquiry was very clear. Lin Baicheng was long gold futures. The cost price of buying was 188 US dollars per ounce. When the gold price reached its peak, he made about 5%. 5 times leverage means earning 25% of the principal, which is about 150 million Hong Kong dollars."

"I stopped paying attention at that time. After all, Lin Baicheng made money. However, the gold price recently fell below 180 US dollars per ounce. I wanted to know what Lin Baicheng's investment was like, so I spent money again to find the investment manager of Hutchison Whampoa. Ross, I learned from him that Hutchison Whampoa’s investment has not moved at all. In other words, based on the original purchase price, Hutchison Whampoa’s investment is now losing money.”

Later, when bulls turned short, Lin Baicheng asked Anyuan and Yuan Tianfan to go to London to operate. Therefore, Flos had no idea that Hutchison Whampoa's gold futures investment had changed.

In the entire Hutchison Whampoa Company, only Wei Li knew about this matter, and the operational changes had not yet been notified to the board of directors. Lin Baicheng and Wei Li were planning to wait until the end of April when the first quarter report statistics were collected to inform the board of directors.

Except for Hutchison Whampoa, because it is through the channel of HSBC, apart from the operator Yuan Tianfan, Shen Chou may know about the investment changes. It mainly depends on whether Shen Chou pays attention to the investment later. If you pay attention and check it, you will definitely know it. If you don’t check it, of course you don’t know it.

"If you do the math, Hutchison Whampoa's investment has now lost about 5%. 5 times leverage is 25%, which is about 150 million Hong Kong dollars."

Feng Jinxi did the math, then looked at Li Jiacheng and said, "Brother Li, are you trying to short Hutchison Whampoa?"

"Exactly."

Li Jiacheng nodded in recognition and said: "The stock price of Hutchison Whampoa is still running below 7 Hong Kong dollars. It can be seen that the market is not optimistic about the development of the company after Lin Baicheng took over Hutchison Whampoa. If it is revealed at this time that Lin Baicheng used the company's funds to invest If we lose more than 100 million, the stock price will definitely fall sharply, and we will definitely make a lot of money by shorting it."

Feng Jinxi pondered and said: "Compared to Hutchison Whampoa's current market value of more than 2.6 billion, although the loss of more than 100 million is a lot, it is not that big. I am worried that after Lin Baicheng and Hutchison Whampoa save themselves, they will The stock price will not fall too much.”

"I am also worried about this, so I want to wait until the gold price drops to US$175/ounce, or even US$170/ounce before taking action. Then it will be safer for us to short, and the profit will be greater."

Li Jiacheng did not instigate Feng Jinxi to take action immediately, because he himself was worried that he would not lose much by short selling, not to mention not making much money, and it would also arouse Lin Baicheng's vigilance, which would not do him any good.

Now that he has taken action, he must hit the enemy's weak point and cause heavy losses to the opponent at once, rather than be indifferent. In that case, he might as well not take action and look for opportunities later.

"Okay, let's do what you said, Brother Li, and wait until the price of gold drops further before we talk."

Li Jiacheng was not blinded by grudges. Feng Jinxi was very satisfied and felt that he could cooperate with Li Jiacheng.

As for the fact that doing so would offend Lin Baicheng, Feng Jinxi didn't take it to heart at all. If everything goes well, he can at least earn tens of millions of Hong Kong dollars from Hutchison Whampoa, and it is not impossible to earn hundreds of millions of Hong Kong dollars.

With such a huge profit, what if it offends Lin Baicheng? The two of them were not friends in the first place, and they would be offended if they offended each other. Feng Jinxi would not have trouble with money.