Reborn as a tycoon in Hong Kong

"Okay, let's do this for now!"

After some polite remarks, Lin Baicheng hung up the phone.

In the morning, Lin Baicheng, who had been staying in Hutchison Whampoa's office looking at documents, received many phone calls, all congratulating him on Hutchison Whampoa's huge investment profits and Hutchison Whampoa's stock price.

Among those who called to congratulate were the familiar ones such as Bao Yugang, Huo Yaohua, and Wang Yiping from Xinhua News Agency, but there were also other business tycoons whom I had only met a few times, such as Li Zhaoji, Hu Yinxiang, Zheng Yutong and others.

Lin Baicheng responded enthusiastically to all these calls and expressed his gratitude.

"Boom! Boom!"

"What's the matter?"

There was a knock on the door, and Lin Baicheng looked up. Secretary Qin Lan was standing there on the other side of the half-open door.

Qin Lan walked in and reported: "The judgment on the later trend of gold prices has been concluded. Do you want President Cheng to come and report to you?"

Lin Baicheng said: "Let Wei Li come with us."

"OK!"

Qin Lan responded and went out.

After a while, Wei Li and Cheng Yufeng came over together.

Lin Baicheng invited them to sit down on the sofa, and Chen Huixiang, the secretary stationed at Hutchison Whampoa, came in with coffee.

Looking at the two people, Lin Baicheng said: "Tell me about your judgment on the future trend of gold prices."

Cheng Yufeng was responsible for this matter, so he replied: "After discussion, everyone agreed that the price of gold will inevitably exceed the price of 200 US dollars per ounce in the short term if there is no sudden big bad news. At 200 US dollars per ounce, On the price side, the short side will definitely resist, and there will be a long-short game, but the power of the bulls will be stronger as expected, so the gold price will break upward, and there should be no problem breaking through the price of 210 US dollars per ounce."

"Because the short side will resist, the gold price will definitely have volatility adjustments in the short term. However, it is currently impossible to predict at which price it will rise and then adjust. We can only make predictions based on the trading volume and trend at that time."

Lin Baicheng was not too surprised when he heard this. If Yuan Tianfan and others could accurately predict the trend of gold prices, there would be no need to work for him. Wouldn't it be nice to invest their own money? Why should they work for him?

Weili immediately suggested: "In that case, send someone to London. Once the gold price changes, we will immediately make operations based on the actual situation. What do you think, Mr. Lin?"

"Exactly what I thought."

Lin Baicheng nodded in agreement when he heard this: "Let Yuan Tianfan lead the team and conduct selling operations according to the trend of gold prices. But remember, don't sell gold if the price is lower than 210 US dollars. If it is higher than this price, let him see the actual price." Situation sells.”

If you sell gold futures and bring back the profits, you will definitely have to buy the futures back later, so there is no need to sell at low prices. Anyway, Hutchison Whampoa is not going to bring back the profits right away. If necessary, it will be fine for a few months. .

Wei Li had no objection to the price at which gold futures should be sold. After all, he didn't understand this very well, but he said: "Mr. Lin, this time we want to bring back profits. I think it is necessary to send a vice president to lead We will go to London with our finance and lawyers to carry out necessary supervision.”

Lin Baicheng looked at Cheng Yufeng: "Yufeng, you happened to have worked in London before, so why don't you go there."

"Okay, Mr. Lin."

Cheng Yufeng nodded in agreement and had no objection.

Weili said aloud: "Mr. Lin, I don't know if you know about the taxes in London. We are a company in Xiangjiang. Although Xiangjiang is also British, we are investing in London. When we want to transfer our profits When we bring it back to Xiangjiang, the IRS in London will immediately remove the tax payable on this profit. But in this way, we don’t have to pay taxes on the money we bring back to Xiangjiang.”

"That's how it turned out to be?"

Lin Baicheng had never considered this. He couldn't help but frown slightly: "How much tax will be paid on this money?"

Weili said: "This is a capital gains tax, which is higher than the normal business tax. Just like in the United States, 20% of profits must be paid."

"so much!"

Lin Baicheng couldn't help but feel heartbroken after hearing this. If he waits for the gold price to reach above 210 US dollars and sells it, the total profit will be at least 400 million US dollars, which is equivalent to paying at least 80 million US dollars in taxes. It is simply eating his flesh and drinking his blood.

Cheng Yufeng said aloud: "President Wei Li, I think it is possible to legally avoid taxes, right? With such a high proportion of tax payment, I don't believe that the capitalists in London will pay it all."

"Of course, that's exactly what I was going to say."

Weili nodded immediately. He was the president of Hutchison Whampoa, and he would not be willing to pay so much tax: "All profits can be exempted from tax rates in large-scale consumption, industrial investment, charitable donations, etc. Because this time it is The company is profitable, so industrial investment and charitable donations are suitable for our company. A small donation is enough to make a meaningful donation, but it is mainly industrial investment."

"Mr. Lin, since the company is vigorously developing the real estate and retail industries, we can definitely purchase real estate and open a Watsons branch in the UK."

"The property in the UK?"

Lin Baicheng pondered for a moment, then shook his head secretly. Although you will definitely make money if you buy real estate in the UK now in ten or twenty years, Japan and the United States both have famous real estate bubbles, and housing prices in Hong Kong and China are also very high, but I have never heard of real estate prices in the UK rising. It's so crazy that it's actually not cost-effective to invest in real estate there.

"All taxes that can be reduced or reduced through industrial investment should be used for Watsons' expansion. In the same way, we can purchase shops in well-known British cities such as London, Birmingham, and Leeds."

The real estate industry in the UK is no longer involved, but it is necessary to buy the supermarket space, so that the rent will be more cost-effective in the long run, and the store will not become a weak point to be attacked.

"this is okay too."

Wei Li had no objection to this. He looked at Cheng Yufeng and said, "President Cheng, you'd better complete Watson's delisting as soon as possible."

"It's already in the implementation stage."

Cheng Yufeng nodded and said that if you have control of the company, it is easy to delist a company as long as you have money. Let this company issue a large amount of bonds, then convert the debt into equity, or conduct a private placement. As long as it does not affect the interests of all shareholders, there will be no problem.

"You can arrange all these things."

Lin Baicheng said to Wei Li and Cheng Yufeng.

"Mr. Lin, if there's nothing else, we'll leave first."

Wei Li and Cheng Yufeng stood up and left the office.

Just after Wei Li and Cheng Yufeng went out, Qin Lan knocked on the door and walked in, reporting something to Lin Baicheng.