Reborn as a tycoon in Hong Kong

Chapter 172 Li Jiacheng’s considerations

"It seems like I'm overthinking it."

Li Jiacheng nodded after hearing this, but he was thinking about something else.

The sudden appearance of a large number of long orders clearly does not look like the behavior of retail investors and small institutions. It is likely that there are large funds competing against them. It is impossible not to worry about that. After all, no one is a fool. He is worried that this opponent knows some news that they do not know, and that news is detrimental to their short selling.

Of the total short-selling investment of 400 million Hong Kong dollars this time, Li Jiacheng's funds accounted for 80 million Hong Kong dollars. This is all the funds he can come up with now. He had to sell Wharf stocks to get it together, otherwise he would have collected it all at once. Not that much money.

"If this fails."

After calming down, Li Jiacheng thought about it and felt that the risk of short selling was too high. His main purpose was to attack Hutchison Whampoa and Lin Baicheng, not to make money through short selling.

Now that the plan has been implemented, there is no problem with him spending less money. At most, he will only make less money. But if he really fails, then he can lose less. With Cangjiang Industrial here, he will have a chance to turn around and rise sooner or later. There is no need to bet too much and leave room for it.

Of course, even though he thinks so, it does not mean that Li Jiacheng feels that he has done something wrong. There are various signs that Hutchison Whampoa's long gold futures investment has suffered losses, and it should be right to go short this time.

80 million Hong Kong dollars have been taken out. Li Jiacheng will naturally not say that he will withdraw some short-selling funds at this time. You must know that he is the sponsor. Doing this is completely destroying his own confidence. Of course he will not do such a stupid thing. .

What Li Jiacheng thought was that after Hutchison Whampoa's stock price fell below HK$6 or even lower, he would take the opportunity to buy some Hutchison Whampoa shares as a hedge. In this way, if the short selling is successful, he can make some profit and hold a certain number of Hutchison Whampoa stocks. After Lin Baicheng reduces his holdings, he may have a chance to gain control of Hutchison Whampoa in the future. He coveted Hutchison Whampoa, a big landowner.

And if something really happens and short selling fails, Li Jiacheng can at least lose less by buying a certain number of Hutchison Whampoa stocks, which is considered a great blessing among misfortunes. It won't break his muscles and bones, and he can turn around in the future through Cangjiang Industrial.

Feng Jinxi said: "When will we start to bring down Hutchison Whampoa's stock price? Lin Baicheng has returned to Hong Kong now. No one dares to say whether he will do anything. The price of gold is still falling. It's best Do it now. If we wait too long, if the price of gold rebounds and rises, it will be a disaster for us."

New Bijian said solemnly: "Today is Wednesday, and there are still two trading days for the stock market this week. Tomorrow we will give Bob and the others another day to ship goods. We will announce it to the public tomorrow night. If it is announced again on Friday night, the stock market will Without a deal, although there is more time to ferment, there are also many variables.”

Jardine Matheson itself only holds 3% of Hutchison Whampoa's shares, and Jardine Matheson is the first to ship the goods. Therefore, Jardine Matheson has almost sold out and will be sold out by tomorrow, so he is not worried about Jardine Matheson taking the lead. Hutchison Whampoa's stock became worthless.

"How about we announce it to the public on Sunday?"

Bob frowned slightly. He still had a lot of Hutchison Whampoa stocks. If he didn't sell them while they were still at a high price, they wouldn't be worth much if they were sold in a few days.

Feng Jinxi reminded: "Mr. Bob, you have to know that you account for 80 million Hong Kong dollars in short-selling funds. You should know better what is more important."

"I understand, just do as you say."

Bob was silent for a moment and nodded helplessly. He knew that even if he had one more day, he wouldn't be able to sell too many stocks, so it was more important to short the funds there.

At around 11 o'clock in the morning, Lin Baicheng received a call from HSBC Shen Zhou. Shen Zhou said that he wanted to treat him to dinner and that he had something to discuss with him.

Lin Baicheng agreed. HSBC knew the specific details of Hutchison Whampoa's gold futures investment, so it was impossible for him not to give Shen Zong face to avoid problems with HSBC.

The two went directly to the Peninsula Hotel for dinner and asked for a private room.

Shen Zhou went straight to the point: "Lin Sheng, your return to Xiangjiang this time is related to what happened at the board meeting the day before yesterday, and the fact that someone was short selling Hutchison Whampoa in the options market, right?"

"good."

Lin Baicheng knew that he couldn't hide it from Shen Zhou, so he nodded and admitted: "This is obviously someone causing trouble. I have to be in charge in Xiangjiang."

"A large amount of funds appeared in the options market this morning and a large number of short orders were taken. This should be Lin Sheng's handiwork, right?"

Although he asked this question, Shen Porridge already had the answer in his heart. Lin Baicheng had just returned, and Hutchison Whampoa's investment was profitable again. If he said that the long futures order had nothing to do with Lin Baicheng, he would not believe it.

"I knew I couldn't hide it from Big Ban Shen."

Lin Baicheng smiled, obviously acquiescing.

"Lin Sheng, I won't hide it from you either."

Shen Cong did not play tricks on Lin Baicheng. He said: "I also know that Hutchison Whampoa's investment is profitable, and it has made a lot of money. Now the Qi Dezun family and directors such as Bob and Jardine are selling a large amount of stocks. I A lot of it has been bought secretly. I don’t want to miss this good opportunity to make money, nor do I want to cause misunderstandings with you, Lin Sheng, so I would like to inform you, Lin Sheng, and please allow HSBC to participate in this game. middle."

Lin Baicheng knew that Shen Porridge said this to save face. Otherwise, he would have no choice if Shen Porridge insisted on buying a large amount of stocks, so he just pondered for a moment, then nodded and said: "As long as Shen Daban agrees not to buy a large amount of stocks regardless of the cost." stocks, and at the same time, after this incident is over, how about selling the stocks in hand and holding no more than 10% of the stocks?"

"Yes, HSBC buys Hutchison Whampoa's shares to make money, and I can agree to this."

After hearing this, Shen Porridge happily agreed. It would be best if we could reach a settlement this way, which would benefit everyone and make money together.

Shen Zhou now knew who was shorting Hutchison Whampoa, and even knew that Qi Dezun, Yihe, Bob and other shareholders had sold their Hutchison Whampoa stocks, but he had no intention of reminding them, and instead prepared to Take the opportunity to buy a large number of Hutchison Whampoa stocks and make a lot of money.

Although everyone is British-owned, their money does not belong to HSBC. Shen Zou has no obligation to remind them. What's more, if he reminds them, HSBC will stop making money.

Give up a great opportunity to make money, remind others, and get a thank you. It is not capital that will do this kind of thing, but philanthropists.

As a banker, Shen Porridge knows what he should and shouldn't do.

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