Reborn as a tycoon in Hong Kong

Hutchison Whampoa, in the chairman's office, Lin Baicheng was on the phone with Iwasaki Mineryu.

"Iwasaki-kun, how many shares did you buy today?"

Mineryu Iwasaki replied: "According to our agreement, we started buying after the stock price dropped below HK$5, and now we have bought nearly 20 million shares. If Mr. Lin hadn't told you not to buy too fast, I would have bought more today. It can be seen that the attitude of selling orders is still very determined."

"They thought my investment was a loss, so of course they were determined to sell."

Lin Baicheng smiled and said: "Although I don't know when they will start to attack, I will continue to buy tomorrow. The lower the price, the more I will buy. How to operate it, Iwasaki-kun, you can decide based on the actual situation, or you can call me at that time."

Iwasaki Mineryu said: "Don't worry, Mr. Lin, I have brought professional traders here. They know better than us when to buy."

"Then leave the professional matters to the professionals."

After Lin Baicheng and Iwasaki Mineryu chatted for a while, they hung up the phone.

After hanging up the phone, Lin Baicheng said to Cheng Yufeng, who was sitting opposite: "Yufeng, have the funds mobilized by various companies been transferred to Yum Securities' account?"

"I just called this afternoon."

Cheng Yufeng nodded and responded: "Without affecting the operations of various companies and the development of game consoles, a total of 100 million Hong Kong dollars in funds have been mobilized."

"Well, after Hutchison Whampoa's stock price falls sharply again, you ask Anyuan to look for opportunities to start buying. Don't think that you have to buy at a low price. You can buy it almost, especially when it falls below the 4 Hong Kong dollar price. Just buy it without even thinking about it.”

This was an investment that was bound to make money, so Lin Baicheng took out all the funds from several company accounts and used them all to buy Hutchison Whampoa stocks without affecting the company's operations. He just sold them after the stock price rose. Anyway, it won't take long in the middle, and it won't have much impact.

Cheng Yufeng nodded to express his understanding.

After the stock market closed that day, representatives of the Bob and Qi Dezun families held a press conference to the media, angrily stating that Lin Baicheng, the chairman of Hutchison Whampoa, had used a large amount of the company's funds to invest in gold futures without the approval of the board of directors. , going long resulted in a large loss of funds and harmed the interests of all shareholders. They didn't want to see investors being deceived, so they announced the matter to the public.

When I was just being interviewed, this incident did not have much impact, but when the evening paper of the invited newspaper announced the news, and relevant reports appeared on the news of Jiayi TV and Wireless TV, the incident immediately spread throughout the world. Hong Kong.

According to Bob's description, Lin Baicheng used more than 600 million Hong Kong dollars to invest in gold futures, used at least five times the leverage, and lost at least 300 to 400 million Hong Kong dollars. He will lose more in the future. It was Lin Baicheng who ruined Hutchison Huangpu company.

For most Xiangjiang citizens, this is just a topic of conversation after dinner. Lin Baicheng, the legendary figure who caused a sensation in Xiangjiang last year, is about to suffer a big fall.

But for the investors who still hold Hutchison Whampoa shares, it is not a chat after dinner, but a thunderous thunder.

They never expected that Lin Baicheng's investment would actually lose at least HKD 300-400 million. Hutchison Whampoa's profit last year was only a little over HKD 100 million, and this was after selling many companies. In other words, Lin Baicheng's investment has lost at least three years of Hutchison Whampoa's profits. No matter how hard he works in the next three years, he will not make a penny.

Investors can already imagine that the stock price of Hutchison Whampoa will fall sharply tomorrow, and the fall will only be worse than today, and their principal will definitely shrink.

Before the control of Hutchison Whampoa was taken by Lin Baicheng, it was one of the four major foreign banks in Hong Kong and one of the few large companies in Hong Kong. In recent years, Hong Kong real estate has not yet fully emerged, so there are very few companies with a market value of more than one billion Hong Kong dollars. , Hutchison Whampoa is one of them.

Therefore, the major news about Hutchison Whampoa is already attracting attention, not to mention the news that the company has just changed control and caused heavy losses in investment. People from all walks of life who know the relevant news are discussing it.

Early the next morning.

Not surprisingly, the front pages of major newspapers were all about Hutchison Whampoa. They all report on Hutchison Whampoa Investment's heavy losses, how much money it lost, how much Lin Baicheng lost this time, and whether he will be unable to recover.

At around eight o'clock in the morning, Lin Baicheng's car had just driven out of the villa in Repulse Bay when a large number of reporters waiting outside surrounded it.

"Lin Sheng, do you have anything to say about Mr. Bob's report last night?" "Lin Sheng, did Hutchison Whampoa's investment really cause significant losses?" "Lin Sheng, Hutchison Whampoa's investment in Can we land safely during this storm?" "Sheng Lin, do you have anything to say about the huge disaster you have caused to Hutchison Whampoa?".

A large number of reporters were squatting outside, and the bodyguards were not blind, so they naturally discovered it early. So when the reporters were surrounding the car, the bodyguards opened their hands to intercept and prevent the reporters from passing.

Lin Baicheng was sitting in the car without getting out of the car, let alone going down to answer reporters' questions.

A bodyguard shouted loudly: "Everyone, Mr. Lin asked me to tell you that Hutchison Whampoa will hold a press conference at around 11 o'clock in the morning. The news will be announced at that time, and at the same time, I will answer questions from reporters. So please Everyone go back first and we will see you later."

After hearing the shouts of the bodyguards and the fact that the reporters could not break through the bodyguards' interception, they stopped surrounding the moving cars and prepared to leave one by one, waiting at Hutchison Whampoa.

When Lin Baicheng came to Hutchison Whampoa, some of Hutchison Whampoa's creditors were already waiting for him.

Many people are aware of last night's news. As creditors of Hutchison Whampoa's debt, they are of course worried that Hutchison Whampoa will be unable to recover and cannot repay the money owed to them, so they came here early to inquire about the news.

Although there is a saying that goes, 'The boss is the one who owes money', but just listen to it. The money Hutchison Whampoa owes these creditors must not be ignored. Otherwise, if they all press for repayment, it will definitely cause serious harm to Hutchison Whampoa. Influence.

Therefore, Lin Baicheng and Wei Li worked together to appease these creditors, saying that Hutchison Whampoa had no problem. Even if it lost a little money, the company had a great business and was still able to pay off its debts. Now that the creditor's time has not yet come, everything is done according to the contract. Unless they breach the contract and return the interest collected during the contract period, they can rest assured and wait until the contract expires, and Hutchison Whampoa will naturally pay off the debt by then.

Using both hard and soft tactics, these creditors were finally sent away.

At that time, Lin Baicheng also discovered that Hutchison Whampoa's main creditor, HSBC, had not sent anyone. In order to avoid being discovered that something was wrong, he made a special call and asked Shen Zhou to send someone over to show off.