Reborn as a tycoon in Hong Kong
Chapter 480 The sudden appearance of the buyer
Friday, the last trading day for the stock market this week.
Since Lin Baicheng and Shen Chow reached an agreement and reached an agreement with HSBC, HSBC has been secretly shorting the stock price of Hutchison Whampoa since Monday this week, causing the stock price of Hutchison Whampoa, which was already undergoing adjustment, to accelerate downward. The price is close.
HSBC's operating method is to drive Hutchison Whampoa's stock price to HK$40, and then let the stock price fluctuate at this price. HSBC then slowly buys the stock to achieve the purpose of building a position.
Hutchison Whampoa's stock price was already in the process of adjustment. HSBC was short selling. In the absence of multi-party funds, the stock price naturally accelerated its downward trend. Everything went very smoothly.
As of Friday today, Hutchison Whampoa's share price has fallen to about HK$42, which is only about a 5% drop from the target price of HK$40.
HSBC, on the other hand, is planning to let Hutchison Whampoa fall a little more today, breaking through the price of 40 Hong Kong dollars. If necessary, it can even fall below 39 Hong Kong dollars. Anyway, it can be recovered by then.
The reason why Hutchison Whampoa's stock price fell sharply today was that it dropped a big negative line, making stockholders fear that Hutchison Whampoa would continue to fall in the future, so they sold their stocks.
To put it simply, it is to kill the panic market and let retail investors take advantage of it.
The morning went well. Hutchison Whampoa's stock price fell by about 3.7%, with the stock price remaining at just over HK$40.
As soon as the market opened in the afternoon, HSBC continued to sell a large amount of stocks, and soon the stock price of Hutchison Whampoa broke through the price of HK$40. At this time, without HSBC's efforts, many investors who held Hutchison Whampoa shares sold their stocks one after another. Sell and the stock price continues to fall.
If a stock's key price falls below, it will usually continue to fall. Therefore, most investors doing short-term trading will choose to sell the stock and hand over their chips.
After all, retail investors are different from institutions. Institutions usually buy a stock for the medium to long term, and there is no problem if they buy it for a few months. But if a retail investor takes a stock and the decline is not small, he may sell the stock in a few days.
Of course, there will definitely be long-term investors who have been holding stocks, but there are more short-term investors than long-term investors.
When Hutchison Whampoa's stock price was about to fall to HK$39, a large amount of money suddenly appeared in the market, and Hutchison Whampoa's stock price suddenly rebounded to above HK$40. But because some investors registered to continue selling, the stock price fell below 40 Hong Kong dollars again.
However, with just that one transaction, at least nearly 10,000 lots were traded. Calculated based on one lot of 100 shares, one lot is nearly 4,000 Hong Kong dollars, and nearly 10,000 lots is nearly 40 million Hong Kong dollars, which can be said to be a big deal.
After Hutchison Whampoa's stock price fell below HK$40 again, within a few seconds, the stock price rebounded to above HK$40 again. Large funds continued to take over the stocks sold above. This sudden appearance of large funds looked very strong.
Hong Kong Exchange.
"Manager, a large amount of money suddenly entered the market and bought a large amount of Hutchison Whampoa's stock."
The HSBC Securities Department has a dedicated VIP account room here. Traders who are always paying attention to Hutchison Whampoa's stock price will report it immediately after discovering any changes.
"What?!"
Ke Zhenlin couldn't help being shocked when he heard this, and hurried to the screen to watch it. He knew very well that HSBC wanted to buy a large amount of Hutchison Whampoa shares this time, not for shorting, so it was not a good thing for an unknown force to buy Hutchison Whampoa shares.
"how so?"
Seeing Hutchison Whampoa's stock price rising a lot every time it changed, Ke Zhenlin couldn't help but be surprised. Looking at the intensity of the increase, it was definitely not a small fund.
Someone asked aloud: "Manager, what should we do now? Should we continue to suppress the stock price or buy too?"
"I'll report to the senior class."
Ke Zhenlin regained his composure after hearing this. There was a landline phone in the big room, and he walked over.
Soon, the call was connected, and Ke Zhenlin reported the incident.
“What’s Hutchison Whampoa’s share price now?”
Although Shen Porridge was a little surprised after hearing this, he still asked calmly.
Ke Zhenlin turned to look at the screen and replied: "40.88 Hong Kong dollars, which is still rising."
Shen Porridge thought for a while and said: "Let's wait and see if the stock price can rebound to 42 Hong Kong dollars. If it can rebound to that price, then sell 10,000 lots to test and see if the funds can be absorbed. If it cannot rebound to the price of HK$42, then let the stock price adjust on its own and we should not do any operations here."
"Yes, Taipan!"
Ke Zhenlin immediately agreed.
"Remember to report the latest situation at any time. I will also ask someone to check where the funds are. That will be the case for the time being."
Shen Porridge said and hung up the phone.
"Could this sudden appearance of funds be related to Lin Baicheng?"
Shen Chow at HSBC couldn't help but think secretly after hanging up the phone. Although HSBC and Lin Baicheng had an agreement, because HSBC approached Lin Baicheng to cooperate, HSBC had almost no restrictions on Lin Baicheng. The only restriction was that Lin Baicheng would definitely offend HSBC if he violated the agreement, which made Lin Baicheng somewhat worried.
Since HSBC was looking for cooperation with Lin Baicheng and short-selling to suppress Hutchison Whampoa's stock price, of course it was not afraid that Lin Baicheng would fall out and secretly design HSBC to buy a large amount of Hutchison Whampoa's stock to go long and compete with HSBC. If Lin Baicheng really dares to do this, HSBC has a way to suppress Hutchison Whampoa's stock price, but doing so would be embarrassing and have a great negative impact. Unless Lin Baicheng designs HSBC first, HSBC will not take the initiative to do that. of.
What a coincidence. Hutchison Whampoa's stock price dropped to about HK$40 as agreed by both parties. Before HSBC started to build a position, a large amount of money suddenly appeared in the market to buy Hutchison Whampoa's stock. Of course Shen Zou had a reason. Suspect Lin Baicheng.
However, Shen Chow was just a little suspicious now, so he didn't do anything. Instead, he contacted his secretary to investigate which party the funds that suddenly bought a large amount of Hutchison Whampoa shares belonged to.
This is Xiangjiang, and the people who manage Xiangjiang are British people. HSBC is the largest bank in Xiangjiang, so it is not difficult for HSBC to find out about this matter. There is no way that the other party can hide it from HSBC.
When Shen Zoru asked people to investigate, Hutchison Whampoa's stock price continued to rise during the rebound. 41 Hong Kong dollars and 41.5 Hong Kong dollars were not the end points at all, and they did not even stop to adjust, which shows the determination of the buyer.
"Let someone place a sell order of 10,000 lots at the price of HK$42."
In the exchange, seeing the stock price getting closer to 42 Hong Kong dollars, Ke Zhenlin immediately asked someone to place an order.
After a while, Hutchison Whampoa's stock price reached the price of HK$42, then stopped twice, and then the stock price fell below the price of HK$42.
Just when Ke Zhenlin had a smile on his face, Hutchison Whampoa's stock price suddenly changed to HK$42.01, and HSBC's 10,000 sell orders at the price of HK$42 were all eaten up.
The stock trading in Xiangjiang does not use computers. Orders must be placed manually. Therefore, each transaction will not fluctuate in one second. Manual ordering takes time.
"damn it!"
Ke Zhenlin couldn't help but cursed secretly when he saw this, and then went to call Shen Zhou to report.
"I actually bought 10,000 lots. Including the previous large purchases and the funds for intermediate purchases, I am afraid that this stock has spent 100 million Hong Kong dollars. This is not a small sum."
Shen Porridge couldn't help but frowned. He hadn't found out who the funds belonged to yet. After all, the investigation took time. The only thing that was certain was that the other party had a big background. After all, not everyone could come up with 100 million Hong Kong dollars.
"Manager Ke, our funds will not be used for operations at the moment."
"Yes, Taipan."
Ke Zhenlin responded.
Shen Porridge suddenly asked: "By the way, how much stock are we selling now, and what is the approximate cost price?"
Ke Zhenlin replied: "Because Hutchison Whampoa's stock price was already falling and adjusting, we didn't sell much, only nearly 230 million Hong Kong dollars. This includes the 10,000 lots we just sold at the price of 42 Hong Kong dollars. .As for the cost price, it should be a little more than 44 Hong Kong dollars. I need to calculate the specific amount here."
"No need, just give me a rough idea."
Shen Porridge didn't ask Ke Zhenlin to calculate in more detail because it was not necessary.
"Taipan, Hutchison Whampoa's stock price looks like it's going to fall."
Ke Zhenlin, who was always looking at the screen, suddenly said: "When it rose to nearly 42.5 Hong Kong dollars, it started to pull back. Now it is 42.26 Hong Kong dollars. If the funds no longer buy the stock, it will definitely rise so much in a short period of time. There has been a lot of correction, and it is likely to continue to fall towards HK$40.”
Shen Zong warned: "Then wait and see if the stock price will continue to fall to around 40 Hong Kong dollars. If it falls there, wait and see if there are still large funds to buy goods. If not, follow the original plan. When buying stocks, remember not to push Hutchison Whampoa’s share price too high.”
"Yes, Taipan, I know what to do." Ke Zhenlin responded.
In the following time, Hutchison Whampoa's stock price continued to fall and adjust. Although there was a small rebound in the middle, the rebound was not strong and it soon fell.
Just when HSBC's Ke Zhenlin and others were preparing to start buying stocks when Hutchison Whampoa's stock price fell to about 40 Hong Kong dollars, several Japanese people stayed in another large room in the exchange.
One of the Japanese was on the phone, reporting to his leader that he had purchased 100 million Hong Kong dollars worth of Hutchison Whampoa shares, and now that the stock price had dropped to nearly 40 Hong Kong dollars, he was asking if he should continue to buy.
"Continue to buy stocks. We are required to buy 500 million Hong Kong dollars in shares when Hutchison Whampoa's stock price drops to around 40 Hong Kong dollars. Now that the stock price has fallen to around this price, it is a good time to buy in large quantities. We can buy as much as we can today. Buy as much as you want.”
"yes!"
The caller responded immediately and arranged for someone to buy Hutchison Whampoa shares.
This time, without waiting for Ke Zhenlin to report to Shen Chou, Shen Chow learned from his secretary that the people who bought a large amount of Hutchison Whampoa stocks today were Japanese. As for who Japan belongs to, it will be investigated again.
"It's actually Japanese? Why would they want to buy Hutchison Whampoa's shares?"
Shen Zhou was very confused after learning about it. This is Xiangjiang after all, and the Japanese must not be very familiar with the companies in Xiangjiang. It is really surprising that they dare to buy a large amount of Hutchison Whampoa stocks for investment.
Without thinking about it, Shen Porridge asked people to continue to investigate and find out the situation of the Japanese. At least they had to know where the funds came from.
A moment later, Ke Zhenlin called Shen Chow and reported that there was another fund that started to buy a large amount of Hutchison Whampoa's stock, and the other party's buying was very aggressive. Hutchison Whampoa's stock price rose rapidly due to the competition between the two parties.
After thinking for a while, Shen Cong gave the instruction: "You can buy if the stock price is lower than 43 Hong Kong dollars. If the price is higher than this, don't buy it yet and let the other party buy it."
The Japanese did not discover the existence of HSBC at first, but they soon discovered that a fund was snatching Hutchison Whampoa's shares from them, but they did not know that the fund belonged to HSBC.
Someone grabbed the tickets, and the Japanese immediately reported to their superiors and received instructions that they could buy anything below 45 Hong Kong dollars, and they could buy another 100 million Hong Kong dollars.
At the end of the day, Hutchison Whampoa's share price closed at HK$43.67, and once exceeded the price of HK$45 during the session. The main reason is that the Japanese did not buy any more stocks later and the price rose too much, so there was an adjustment in the late trading.
An hour after the market closed, HSBC.
"The source of the funds is from Mitsubishi Bank's branch in Xiangjiang. I don't know if Mitsubishi Bank itself wants to purchase Hutchison Whampoa's shares as an investment, or if someone is buying the shares through Mitsubishi Bank's channels."
There is an investigation report on Shen Cong's desk. The staff below has found out which bank the funds for purchasing Hutchison Whampoa stocks came from.
"It seems I need to make an appointment with Tachibana Yamada tomorrow."
Shen Zou secretly thought that Yamada Tachibana was the president of the Xiangjiang Branch of Mitsubishi Bank. He even visited him when he came to open a branch. He was going to find out who was buying Hutchison Whampoa's stocks and why. .
Shen Porridge was not worried that Yamada Tachibana would not answer. If the other party wanted Mitsubishi Branch to operate smoothly in Xiangjiang, they would ask him for a lot of things and it was impossible to offend him. It’s true that Mitsubishi Bank is a Japanese consortium, but this is Hong Kong and HSBC’s territory.
At the same time, Lin Baicheng also learned about the changes in Hutchison Whampoa's stock price today. He has an agreement with HSBC, and of course he will pay attention to Hutchison Whampoa's stock price changes, especially when the stock price is not far from 40 Hong Kong dollars.
Today, Hutchison Whampoa's stock price fell below HK$40. Although it closed at HK$43.67 today, an agreement has been reached between Lin Baicheng and HSBC. HSBC will loan HK$500 million to Galaxy Semiconductor.
Today is already Friday, and tomorrow and the day after tomorrow is the weekend, so the funds will be credited next Monday. Lin Baicheng is ready to start causing trouble for HSBC and drive up Hutchison Whampoa's stock price after the funds are credited.
That's right, Lin Baicheng still doesn't know that Japanese people are buying a large amount of Hutchison Whampoa shares. From Qin Lan's report, he knows that there are funds buying a large amount of Hutchison Whampoa shares today, otherwise the stock price would not close at HK$43.67, but He thought it was bought by HSBC and did not know that there was a third party.
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