Reborn as a tycoon in Hong Kong

There are few things in this world that money cannot solve.

Buying off a senior executive at HSBC who knows the details of Hutchison Whampoa's gold investment is definitely not something that money can't solve, it's just the amount of money that needs to be spent.

It's just a piece of news, and you don't have to do anything bad. If you do it secretly, you don't have to worry about being sued by HSBC, and you may not even be exposed at all. Therefore, on Saturday evening, Niu Bijian, who asked people to do this, had to Know the specific details.

"Shit! Damn it!"

After learning the truth, Niu Bijian was so angry that he threw the microphone in his hand.

"What to do now? What to do?"

Niu Bijian was a little panicked. You must know that Jardine Matheson's short selling this time accounted for 30% of the 400 million Hong Kong dollars, which is 120 million Hong Kong dollars. Although they sold 180 million of the 400 million Hong Kong dollars and made a profit of nearly 89 million Hong Kong dollars, they still had 220 million Hong Kong dollars in short orders. Once the truth about Hutchison Whampoa’s profit-making was revealed, it is conceivable that Hutchison Whampoa’s stock price would inevitably If the price rises sharply, then the short order of 220 million Hong Kong dollars may lose 200 million Hong Kong dollars or more.

In this case, not only did Jardine not make any money from its investment this time, but it actually lost money, and the loss was not small, at least tens of millions of Hong Kong dollars.

"Damn it, if I had known I shouldn't have listened to them!"

Nu Bijian cursed angrily. After calming down a little, he called Li Jiacheng, Feng Jinxi and Bob and asked them to meet immediately. He had something to tell them.

Everyone was in Xiangjiang, so about half an hour later, the four of them met in a private room of a hotel.

Niu Bijian said directly without being polite: "We found out that Hutchison Whampoa actually made money, not lost money."

"That's true!" "Damn it!" "Shit!"

Li Jiacheng, Feng Jinxi and Bob had already made some guesses before coming here, but after hearing what Nu Bijian said, they were still very disappointed and angry. Niu Bijian called them to tell them that he had found out the details of Hutchison Whampoa's investment, but he did not tell them that it was good news. Naturally, they had a bad premonition in their hearts, and now this bad premonition has come true.

The truth is so cruel. Before today, they were still making a lot of money from short selling, but now they are about to suffer huge losses.

"Li Jiacheng, what is going on? Didn't you say that Hutchison Whampoa's investment was long-term at the beginning? How did it become short-term?"

Bob looked at Li Jiacheng angrily. Originally, he should have made money by holding 5% of Hutchison Whampoa's shares. But now, not only has the shares been sold at a low price, but he has also shorted them in the opposite direction. He is about to lose another sum, two It’s unknown how great his losses were in total.

"Fros, who is in charge of trading at Hutchison Whampoa, told me that Hutchison Whampoa's funds are long gold futures."

Li Jiacheng, who was still full of disappointment, frustration and anger, calmed down after hearing Bob's question. He looked at Bob and said: "Also, Mr. Bob, you are the director of Hutchison Whampoa. "Whether Hutchison Whampoa's investment is long or short, you should know better than me."

"you"

People are accustomed to blaming others, and Bob is no exception, so Li Jiacheng's words made him even more angry.

"Okay, now is not the time to argue."

Feng Jinxi stopped him and said to Nu Bijian: "Tell me the specific details of Hutchison Whampoa's investment. You should know the specific investment data, right?"

"I know."

New Bijian nodded, and Bob also listened carefully when he saw this.

"First of all, Mr. Li's investigation is not wrong. Hutchison Whampoa's investment was indeed long at the beginning. It used 5 times leverage with HSBC with a principal of US$150 million to operate long gold futures for US$750 million. The cost price It was US$188 per ounce. At the beginning of last month, Lin Baicheng had these long orders closed, and the selling cost price was US$196 per ounce. This investment made him a total profit of nearly US$32 million.”

"When he closed his long order, Lin Baicheng asked people to go short. Because he was operating with his own hands, no one except a few senior executives of HSBC knew that he had changed from long to short. Hutchison Whampoa I don’t think anyone knows about this except Wei Li.”

"How much is his short-selling capital? What is the cost price? Has it been sold now?"

Feng Jinxi asked three questions directly, because he now wanted to know more specific data.

After hearing this, Niu Bijian said seriously: "The short-selling funds are still 750 million U.S. dollars, and the cost price is 195.75 U.S. dollars per ounce. They have not been sold yet. Before I came over, I asked someone to find out that the gold price at that time was 171.15 U.S. dollars per ounce. , he made a fortune from this investment.”

"In contrast, we will suffer heavy losses."

Li Jiacheng added aloud, and then calculated in his mind. Li Jiacheng's mental arithmetic level has not yet been determined to the last two digits of the decimal point. He only made a rough estimate. The cost price is 195, the current price is 171, a decrease of 12.3%, which is equivalent to Lin Baicheng's profit of 12.3% of the US$750 million operated by Lin Baicheng, which is more than 9,000. Ten thousand U.S. dollars.

In addition to the nearly 32 million US dollars earned from doing long before, that is as little as 120 million US dollars and as much as 130 million US dollars, which is not much different from the principal of 150 million US dollars.

"This is really true."

Feng Jinxi, who also calculated the approximate figures, didn't know what to say. It was at least 500 million Hong Kong dollars in profit. Based on Hutchison Whampoa's market value of about 2.7 billion Hong Kong dollars before Lin Baicheng took over, he didn't know that this profit would push the company's stock price. How high.

Although this is only an investment profit and not a profit that the company generates every year, many people cannot see this. The stock price will inevitably rise sharply in the short term, and their short selling is also short-term, so a short-term rise in the stock price is fatal to them. influence.

"I think we need to discuss what we can do to minimize our losses."

Feng Jinxi said out loud that Hutchison Whampoa's investment had made too much profit. After the news was announced, the short sellers had no room to struggle and the stock price would inevitably rise sharply. Therefore, he had never thought about going against the trend and suppressing the stock price and did it in time. A good stop loss is the most important thing.

"Yes, we should discuss it carefully."

Li Jiacheng echoed, but he was very happy in his heart. Because he had thoughts about Hutchison Whampoa and a bad premonition in his heart, he bought some Hutchison Whampoa stocks two days ago. Although it was not much, it was only 15 million Hong Kong dollars, which was equivalent to the 80 million Hong Kong dollars in short-selling funds. It's still less than 20%, but at least it can make him lose less.

New Bijian and Bob nodded and had no objection.

Li Jiacheng, Feng Jinxi, Niu Bijian and Bob discussed for a long time and thought of many strategies on how to minimize their investment losses.