Reborn as a tycoon in Hong Kong

There are no stocks in this world that only rise but never fall.

Hutchison Whampoa, which was stimulated by the good news, is no exception. Especially when someone sells a large number of stocks at a high level, the upward trend is even more difficult to maintain.

Since the announcement of the transaction between Hutchison Whampoa and Carnegie Group, the stock price has risen due to positive stimulation. When Hutchison Whampoa's HK$800 million dividend plan was announced, this was another positive stimulation for Hutchison Whampoa's stock price.

Stimulated by related positive news, Hutchison Whampoa's share price rose to a stage high of HK$66.73 a few trading days later, with a total market value of HK$26.692 billion.

After the high point, there was an adjustment. Hutchison Whampoa's stock price fell to close to HK$60 in just two days, with the lowest drop of almost 10%. Fortunately, it quickly rebounded to around HK$62, and it fluctuated at this price.

When the positive stimulus failed to break through the previous high, the reason why Hutchison Whampoa's stock price did not fall sharply was because HSBC protected the market.

The reason why HSBC protects the market is very simple. Because the Hutchison Whampoa shares held by HSBC have not been sold out, and they do not want Hutchison Whampoa's stock price to plummet, so they protect the market and let Hutchison Whampoa's stock price fluctuate so that they can sell their stocks. The remaining shares are sold.

After selling its Hutchison Whampoa shares, HSBC is still protecting the market, keeping Hutchison Whampoa's stock price fluctuating. The reason for doing this was because HSBC was short-selling and mortgaged Lin Baicheng to sell HSBC's stock at a high price, preparing to buy it back after Hutchison Whampoa's stock price fell to a certain price, and make money from the short-term difference.

From HSBC's point of view, it is selling a large amount of stocks, and Lin Baicheng is also selling a large amount of stocks. Hutchison Whampoa's stock price will definitely undergo a wave of adjustments in the future. If the news of Hutchison Whampoa's investment losses is exposed, Then Hutchison Whampoa's stock price will only fall more, so short selling now can be said to be a sure profit without loss.

HSBC wanted to keep Hutchison Whampoa's stock price around HK$62 and fluctuate, so that it could sell more stocks and go short. Unfortunately, it only lasted two trading days. Hutchison Whampoa's stock price suddenly fell sharply, and HSBC did not dare to protect it anymore. If you want to sell stocks, you can only sell a large number of stocks and short as much as possible.

The reason why Hutchison Whampoa's stock price suddenly fell sharply is because after the international gold price fluctuated at US$300 per ounce for a period of time, it finally chose a direction. Unfortunately, it did not rise upward, but chose to adjust downward.

The reason why Hutchison Whampoa's stock price has risen above HK$60 is due to the huge profits made by Hutchison Whampoa's capital investment in long gold futures. Now that the international gold price has adjusted, Hutchison Whampoa's stock price will naturally follow. An adjustment has occurred.

However, when Hutchison Whampoa's stock price adjusted, HSBC did not dare to short too much. When Hutchison Whampoa's stock price fell to HK$55, HSBC stopped selling short.

In HSBC's judgment, Hutchison Whampoa's US$200 million investment was used by Lin Baicheng to short gold futures. Now the international gold price has adjusted and fallen, indicating that Hutchison Whampoa's short selling losses are decreasing. As the gold price becomes lower and lower, the losses will only be reduced. There will be fewer and fewer, and there is no possibility of profit in the future. Therefore, the lower the price of gold, the less likely it is to short Hutchison Whampoa.

HSBC just wants to make money, and it does not want to destroy Hutchison Whampoa. Therefore, after Hutchison Whampoa's stock price fell below the price of HK$55, it stopped shorting and only waited for Hutchison Whampoa's stock price to fall to a certain level. buy back the shares.

The international gold price has adjusted and Hutchison Whampoa's stock price has fallen. Of course Lin Baicheng knew this, but he did not react.

As the international gold price adjusts, Lin Baicheng knows that it will rise sharply in the next six months or so. Naturally, it is impossible to close long orders at this time, and he is not prepared to make a short-term difference because he does not know at what price the international gold price will adjust to. Furthermore, frequent trading will expose the account, and Western capital will know that he has made huge profits by doing long gold futures, and he will be targeted if he does not do well.

As for the drop in Hutchison Whampoa's stock price, Lin Baicheng is not prepared to sell the stock at this time. The temporary drop in the stock price will not affect his interests.

However, one person was unlucky, that is Iwasaki Mineryu who bought 12 million shares of Hutchison Whampoa from HSBC. His purchase price was HK$64.5. When Hutchison Whampoa's stock price fell below HK$55, he bought 12 million shares of Hutchison Whampoa. The shares on the company fell by nearly 15%, losing more than 100 million Hong Kong dollars.

Originally, Iwasaki Mineryu's money loss had nothing to do with Lin Baicheng, but it was Lin Baicheng who asked Iwasaki Mineryu to buy Hutchison Whampoa stocks from HSBC. Therefore, faced with Iwasaki Mineryu's insidious inquiry, Lin Baicheng could only comfort him with words. , indicating that Hutchison Whampoa will definitely rise sharply in the long run.

At the same time, Lin Baicheng also specially found a time to call Iwasaki Mineryu, Bao Yugang, Guo Henian and Zheng Yudong together.

Lin Baicheng directly told them that now there was an opportunity for them to cooperate, so they all made time to attend the appointment.

When they met, when asked about the cooperation opportunity, Lin Baicheng did not answer, but looked at Zheng Yudong: "Zheng Sheng, Hutchison Whampoa's stock price has dropped a lot now. You said a while ago that you would do a short-term business. Did you do it later?"

"When Hutchison Whampoa's stock price fell to around HK$62, I sold 30% of my position."

There was nothing to hide about this matter, so Zheng Yudong said it directly.

Lin Baicheng nodded when he heard this and said to the four people: "The cooperation opportunities I mentioned are actually related to Hutchison Whampoa's stock price. What I mean is that everyone will contribute money together, and then when Hutchison's stock price drops to about 50 Hong Kong dollars, Buy at the bottom and wait for the subsequent rebound in stock prices.”

Zheng Yudong couldn't help but said: "Lin Sheng, can Hutchison Whampoa's stock price drop to 50 Hong Kong dollars? The most important thing is, even if Hutchison Whampoa's stock price rebounds, to what high level can it rebound? If it is only about 20% profit, When there is risk, the rate of return is actually not high.”

Bao Yugang expressed his judgment: "Hutchison Whampoa's current market value of more than 20 billion Hong Kong dollars is actually not low. With Hutchison Whampoa's current annual profit of more than 200 million Hong Kong dollars, it is difficult to support the high stock price."

"There is a reason why Hutchison Whampoa's annual profits are not high. Because I don't want Hutchison Whampoa to pay too high taxes, so I use more profits for investment, but the company's annual profits will still increase significantly. Last year, the company's The profit is 240 million Hong Kong dollars, and this year it will be about 500 million Hong Kong dollars, which is almost doubled.”

After a pause, Lin Baicheng continued: "When looking at Hutchison Whampoa, we should look more at the company's net asset appreciation. As of the end of last year, Hutchison Whampoa's net assets were more than 4.8 billion Hong Kong dollars, and now it has reached 7 billion Hong Kong dollars. , this is because the company paid a dividend of HK$800 million, otherwise the net assets would be even more."

"If nothing else happens, Hutchison Whampoa's net assets this year will reach tens of billions of Hong Kong dollars, but the company's annual profit will only be about 500 million Hong Kong dollars. More funds will be invested to increase the company's net assets in the coming year. bedding."

Hutchison Whampoa's net assets have increased significantly due to a variety of factors, including profits from long gold futures, the sale of foreign trade businesses, profits from the Golden Gate Tower, and the most significant increase in real estate value. The combination of these factors has allowed Hutchison Whampoa to grow this year There was a significant increase in the net assets.

Of course, if Hutchison Whampoa's subsequent investments suffer losses or real estate prices fall, it will definitely have a serious impact on Hutchison Whampoa's net assets.

“Can Hutchison Whampoa’s net assets reach tens of billions this year?”

Bao Yugang couldn't help but be surprised when he heard this. As a result, Hutchison Whampoa's net worth will be more than twice that of Wharf. Since the completion of his acquisition, Wharf's stock price has begun to undergo long-term adjustments. Fortunately, the overall real estate industry has risen, so the stock price has remained above HK$40, otherwise it would have fallen even more.

"In this way, if you hold Hutchison Whampoa's shares for a long time, you don't have to worry."

Iwasaki Mineryu said thoughtfully that if Lin Baicheng had not tricked him, then as long as he held Hutchison Whampoa's stocks, he would definitely not lose money in the long run. And he felt that it was unlikely that Lin Baicheng would lie to him, which made him feel more at ease.

"The market value of Hutchison Whampoa is not low. If you want to go long and pull this stock up, you need a lot of funds. If you have too little, it will be useless. But if you have too much funds, I may not be able to come up with it."

Guo Henian said out loud that if the project is really good, of course he can pay for it, but the problem is that he already holds a lot of Hutchison Whampoa shares and does not want to go long. He just wants to reduce his holdings after the stock price rises. The fundamental reason is that he does not want to invest too much assets in a company that he cannot control. He prefers to use the funds to invest in other industries of his own.

"Guo Sheng is right. I can spend tens of millions of Hong Kong dollars, but this amount of money is of no use to Hutchison Whampoa."

Zheng Yudong echoed. He was the least wealthy among them. He didn't like this kind of risky investment, not to mention that he still held a lot of Hutchison Whampoa stocks at this time.

"What do you think, Mr. Bao?"

Lin Baicheng smiled and looked at Bao Yugang. In fact, whether this cooperation proposal could come true would not have any impact on him. Therefore, Guo Henian and Zheng Yudong obviously did not want to participate, and he did not care. Anyway, everyone was willing to do so. Anyone willing to cooperate is fine in his opinion.

Lin Baicheng led them to make money when he saw an opportunity, rather than begging them to make money together. If others didn't want to participate, he would definitely not force them to participate.

"I have always trusted Lin Sheng's vision. I can invest two to three hundred million Hong Kong dollars."

Although Bao Yugang is not so optimistic and feels that there are risks and there is not much room for profit, but with the idea of ​​​​befriending Lin Baicheng, he is willing to spend 200 to 300 million Hong Kong dollars to test the water. Anyway, no matter how much he loses, he should not exceed 100 million Hong Kong dollars. .

Although 100 million Hong Kong dollars is a lot, it is not an unimaginably large sum for Bao Yugang. He can afford to lose this amount of money.

"Iwasaki-kun?"

Lin Baicheng looked at Iwasaki Mineryu.

"I can also invest two to three hundred million Hong Kong dollars."

Iwasaki Mineryu has always said that he believes in Lin Baicheng's vision, but now it is naturally difficult to be compared with Bao Yugang. However, he will not use the investment funds given to him by Mitsubishi Bank to go long Hutchison Whampoa. He will pay the money himself, mainly to avoid huge losses in Hutchison Whampoa, which is a heavy position, causing his test to fail.

"I can personally contribute four to five billion Hong Kong dollars, which would be almost one billion Hong Kong dollars."

Lin Baicheng said aloud: "If we buy Hutchison Whampoa's stock price after it falls below 50 Hong Kong dollars, we can almost buy 5% of the shares, which is not a small amount. Regarding this cooperation, everyone should consider it again and don't force it. , anyway, Hutchison Whampoa’s stock price has not fallen to HK$50 yet, and there is at least one or two days to think about it.”

"What Lin Sheng said is that I will think about it after I go back."

The reason why Bao Yugang said this was mainly to avoid the embarrassment of Guo Henian and Zheng Yudong. After all, they did not have the obvious intention of buying the bottom of Hutchison Whampoa.

Lin Baicheng said: "After everyone goes back and thinks about it, make an appointment to meet and decide whether to cooperate."

Several people had no objections to this.

Several people went back separately. This cooperation proposal was not approved by all four people. Lin Baicheng could not be said to be disappointed. After all, he himself had an indifferent attitude. However, from this incident, Lin Baicheng became more aware that no matter how others flattered and flattered him, when his own interests were involved, they did not trust him as they usually said.

"People, you still can't be too self-righteous."

Lin Baicheng felt a little emotional and secretly warned himself not to get lost in other people's praise.

Time flies to Thursday, and tomorrow is when the second Miss Asia final will be held. Hutchison Whampoa's stock price is close to 50 Hong Kong dollars, and Lin Baicheng and others gather again that night.

There was Huo Yingdong among the people at the party tonight. Lin Baicheng also had a good relationship with Huo Yingdong. He told Huo Yingdong about the relevant cooperation. As for whether Huo Yingdong wanted to participate, it was up to Huo Yingdong himself.

And since Huo Yingdong came to the party tonight, it meant that Huo Yingdong was willing to contribute money and cooperate.

This meeting was much simpler. Everyone decided directly whether to cooperate and how much money they were willing to contribute.

Bao Yugang and Iwasaki Mineryu did not change their minds, and Guo Henian and Zheng Yudong also expressed their willingness to contribute funds, so everyone decided on this cooperation.

This cooperation is long Hutchison Whampoa, with Lin Baicheng investing 400 million Hong Kong dollars, Iwasaki Holong investing 300 million Hong Kong dollars, Bao Yugang investing 250 million Hong Kong dollars, Huo Yingdong investing 150 million Hong Kong dollars, and Guo Henian and Zheng Yutong each investing 50 million Hong Kong dollars. , adding up to a total of 1.2 billion Hong Kong dollars.

The total amount of funds is still quite large. It just so happens that Hutchison Whampoa's stock price has not yet fallen below 50 Hong Kong dollars. Tomorrow is Friday again, so Lin Baicheng and the others agreed that they should mobilize funds in the past few days and remit it to the corresponding funds on Monday. on the account.

When the time comes, you will not only use one account to buy stocks. Lin Baicheng and others will arrange for people to participate in the operation of buying stocks, and they will also have the intention of supervising the funds in the account.

After all, it is money provided by a partnership. If no one is watching, everyone will definitely feel uneasy, so everyone can send at least one person to supervise the account funds so that they can be aware of it.

"I wish our cooperation goes smoothly and we make a fortune together!"

No matter what they thought before the cooperation, when everyone agreed on the cooperation funds and matters, they all hoped that the cooperation would be successful and make money, so a few people opened a bottle of red wine to celebrate.