Reborn as a tycoon in Hong Kong
Chapter 533: No one has trouble with money (two-in-one)
At about half past eight, Qin Lan came to the villa. The time was agreed upon before Lin Baicheng came back.
"Good morning, Mr. Lin."
"Come, let's sit down and talk."
Lin Baicheng invited Qin Lan to sit down on the sofa.
"Yum Securities, how much Hutchison Whampoa shares did you buy this time?"
Lin Baicheng asked, this is related to how much money he can make. Although he has already made a lot this time, he doesn't mind making more.
"Yum Securities sold other stocks to raise 120 million Hong Kong dollars, and used Galaxy Bank's leverage to operate 800 million Hong Kong dollars. However, because the time was too short, all the 800 million Hong Kong dollars were not spent, and only 540 million Hong Kong dollars were purchased. of stocks.”
Hutchison Whampoa's market capitalization of more than HK$20 billion is still very large, but if HK$800 million is bought at any cost, Hutchison Whampoa's stock price can still be pushed up very high, which is not conducive to building a position.
Despite this, Yum Securities bought more than HK$500 million in a short period of time, which has raised Hutchison Whampoa's stock price a lot.
"I know, keep buying on Monday."
Lin Baicheng nodded, and then said: "When Hutchison Whampoa's stock price is below 70 Hong Kong dollars, there is no need to consider the cost and buy in large quantities."
"Yes, Mr. Lin."
While Qin Lan responded, she guessed that Hutchison Whampoa was about to have huge benefits, otherwise her boss would have no reason to let Yum Securities' funds buy stocks at any cost.
Lin Baicheng asked: "What do they say about my cooperation with Bao Sheng and Huo Sheng?"
"They said they would talk to you after Mr. Lin comes back."
Lin Baicheng, Huo Yingdong and others cooperated to raise 1.2 billion Hong Kong dollars to buy Hutchison Whampoa stocks. He asked Qin Lan to discuss with Bao Yugang, Huo Yingdong and others, take the purchased stocks to the bank to allocate capital, and use leverage to continue buying Enter Hutchison Whampoa shares.
Obviously, Bao Yugang, Huo Yingdong and others had concerns and did not agree immediately. They said they wanted to talk to Lin Baicheng in detail, and it was obvious that Lin Baicheng had to convince them.
"Now that I'm back, leave this matter to me."
Lin Baicheng was not too surprised when he heard this. After all, it was related to their interests, so it was normal for them to be cautious.
"Speaking of which, the Mid-Autumn Festival will be here in about ten days. Have various companies prepared anything to send to their employees during this festival?"
"Each company is prepared, and each company will receive different rewards based on its performance, but the minimum is a gift worth HK$100."
"The company's performance is good and its employees are rewarded a lot. This is what it should be doing."
Lin Baicheng didn't think there was anything wrong with doing this. After all, he was a businessman, not a philanthropist.
Qin Lan said: "Mr. Lin, when giving out gifts, you'd better go to each company to show up and let the employees feel your care."
"Well, you should arrange your itinerary."
Lin Baicheng did not refuse, which was a good thing for him.
Lin Baicheng and Qin Lan chatted for more than half an hour, and then asked Qin Lan to go back.
Afterwards, Lin Baicheng personally contacted Bao Yugang, Huo Yingdong, Guo Henian, Zheng Yudong and Iwasaki Mineryu who had raised funds to cooperate, and simply invited them directly to his home.
After contacting him, I learned that Mineryu Iwasaki was in Tokyo and could not meet with Lin Baicheng for the time being. Lin Baicheng simply told him his plan on the phone. Mineryu Iwasaki immediately agreed after hearing this, saying that he listened to Lin Baicheng on this matter. .
Lin Baicheng wanted to use the funds raised by several people to use leverage to continue buying Hutchison Whampoa's stocks. Iwasaki Mineryu, who made a huge profit by closing out his long gold futures positions, naturally guessed that Hutchison Whampoa's investment also made a huge sum. After the news is announced, the stock price will inevitably rise sharply. There is no reason to lose money by buying stocks before the news is announced, so Iwasaki Mineryu agreed without thinking.
Bao Yugang, Huo Yingdong, Guo Henian, and Zheng Yudong were all in Xiangjiang, and what Lin Baicheng wanted to discuss with them was not a small business, so they all expressed their availability.
Everyone made an appointment to meet at Lin Baicheng's villa at ten o'clock and have dinner here at noon.
Before ten o'clock, four people arrived at Lin Baicheng's home one after another.
We were all old acquaintances, and there was nothing to be polite about. Lin Baicheng greeted them to the garden.
"Lin Sheng, you advocate using more funds to buy Hutchison Whampoa's stocks. There must be a reason, right?"
No polite small talk, get straight to the point.
"Everyone is one of our own, so I won't hide it."
Lin Baicheng said with a smile: "Hutchison Whampoa has a huge benefit now. I will announce it to the public by next Friday at the latest, so I propose that everyone use leverage to buy more stocks, in order to let everyone Being able to make more money.”
"A huge benefit? Lin Sheng, what kind of benefit is it?"
After hearing this, the most excited person among the four was Guo Henian. He holds a lot of shares in Hutchison Whampoa. He benefited the most from the sharp rise in Hutchison Whampoa's stock price.
Bao Yugang, Huo Yingdong and Zheng Yudong also looked at Lin Baicheng with concern, and they also wanted to know what the benefits were.
"It was the company's $200 million investment. Now the investment has ended, and the profit is huge."
Lin Baicheng didn't hide it, and he would announce it to the public in five days at most. With the current laws in Hong Kong's financial market, it would be fine if he told others privately in advance. Moreover, even if there were relevant legal provisions, with his current status, it would be fine if he told Bao Huo and others this.
"Since it's a huge profit, it must be at least double the profit, right?"
Bao Yugang wanted to know more specifically. If he remembered correctly, Hutchison Whampoa's investment started in February this year, and it has only been a little more than half a year.
"If Lin Sheng was investing in gold futures, he must have used leverage. I guess the profit could be more than doubled, double or even tripled."
Huo Yingdong expressed his speculation. He felt that if the profit was only 200 million US dollars, the profit of less than 900 million Hong Kong dollars would not have much positive impact on the current stock price of Hutchison Whampoa. Lin Baicheng had no reason to let them use leveraged funds to buy Hutchison Whampoa stock, so there could only be more profits.
“If it’s really two or three times the profit, that would be incredible.”
Zheng Yudong calculated in his mind that if it is twice the profit, 400 million US dollars is equivalent to nearly 1.7 billion Hong Kong dollars. It is indeed a huge benefit for Hutchison Whampoa, which has more than 20 billion Hong Kong dollars. The stock price has not failed to break through the previous level. The price may be as high as 70 Hong Kong dollars.
Guo Henian was already happy. If Hutchison Whampoa really made a profit of 1 to 2 billion Hong Kong dollars, the stock price would definitely rise sharply. He could take the opportunity to reduce his holdings of some stocks at a high price and sell them at a good price.
Lin Baicheng did not answer immediately, but took a sip of tea, then raised his right hand and spread his palm.
Seeing this, Bao Yugang, Huo Yingdong, Guo Henian, and Zheng Yudong couldn't help but sit upright and looked at Lin Baicheng in surprise.
"I said Lin Sheng, are you talking about five times the profit?"
With his palm spread out, anyone looking at the five fingers would understand it to be the number 5, and it would be natural for them to think that Lin Baicheng was talking about 5 times the profit.
Seeing the shocked looks of the four of them, Lin Baicheng smiled and nodded, calmly.
"Is it 5 times profit of US$200 million? Hutchison Whampoa made US$1 billion this time?!"
Although Lin Baicheng nodded, the four of them still couldn't believe it. This number was too big.
Lin Baicheng nodded and said: "To be more specific, it is US$980 million, with an error of several million US dollars at most."
"$980 million, this is really..."
Bao Yugang, Huo Yingdong, Guo Henian, and Zheng Yudong didn't know what to say. In just over half a year, they made more than 4 billion Hong Kong dollars, which is almost half of Bao Yugang's net worth after working hard for most of his life.
As for Zheng Yutong, his total net worth is not as much as HK$4 billion.
"Lin Sheng, you are long gold futures, and you are using leverage several times, right?"
After the shock, Huo Yingdong roughly guessed how Lin Baicheng made Hutchison Whampoa earn this money.
Lin Baicheng said: "The funds were entrusted to Wade Investment, but the investment details are more or less like this."
Guo Henian asked in a cheerful mood: "By the way, Lin Sheng, have you deducted the share of Wade's investment in the US$980 million you mentioned? Have you deducted taxes and leverage interest?"
"After all is deducted, US$980 million is the final profit that Hutchison Whampoa can get. The error is only a few million US dollars at most." Lin Baicheng replied.
"A profit of four billion Hong Kong dollars, this is really a huge benefit."
Bao Yugang felt a little emotional. Based on Hutchison Whampoa's closing price of HK$56.75 on Friday, its total market value was only HK$22.7 billion. Now there are more than 4 billion Hong Kong dollars in profits. Simply factoring in the 4 billion Hong Kong dollars in assets, Hutchison Whampoa's stock price would have to rise to 66.75 Hong Kong dollars to match the market value of 26.7 billion Hong Kong dollars.
What's more, market value is not a simple calculation of addition and subtraction. A profit of 4 billion Hong Kong dollars, when calculated on the stock market, the market value will become at least 8 billion Hong Kong dollars, or even more.
According to Bao Yugang's guess, Hutchison Whampoa's stock price is very likely to hit the price of 100 Hong Kong dollars this time, and the market value may exceed 40 billion Hong Kong dollars. The details will depend on whether investors will be crazy about Hutchison Whampoa's shares. .
"Sheng Bao is right. This is indeed a huge benefit. We should buy a large number of Hutchison Whampoa's shares before the news is announced."
Zheng Yudong agreed and said that he is now more concerned about how many Hutchison Whampoa shares can be purchased with the funds of the joint venture before the news is announced to the public. The more he buys, the more he earns.
Guo Henian then said: "I also agree with the use of leverage."
Bao Yugang: "I will not let money go without making money."
"me too."
Huo Yingdong is also unlikely to object.
Lin Baicheng was not surprised by this. They were all businessmen. Although Huo Yingdong was a red businessman, there was still the word "businessman" behind the red color. It was impossible to give away money that was almost free. Huo Yingdong's sentiments were not that noble.
"Then this matter has been decided."
Lin Baicheng then added: "We have to do this more secretly. It happens that our accounts are separate. Each of us is responsible for a part of the funds and finds different banks to use leverage. We have to negotiate with the bank tomorrow and Monday. After all, we There are only a few days to open a position.”
After hearing this, Guo Henian asked: "Lin Sheng, can the announcement be made later?"
"It's possible, but I don't want to do that. Friday is already the latest."
Lin Baicheng has his bottom line. He will not keep suppressing good news, and then secretly and Bao Yugang and others continue to buy stocks at low prices. Given a few days, it is still because offshore companies and banks in various countries settle interest, file taxes, Transferring money takes time. It is impossible for Lin Baicheng to announce an approximate figure to the outside world. The company's financial reports must be rigorous.
"Since Lin Sheng has made your decision, we won't force it."
"We will negotiate with each bank to ensure that the contract is concluded in the shortest possible time."
"We bought a total of 1.2 billion Hong Kong dollars in Hutchison Whampoa shares. How many times of leverage is better?"
"It doesn't have to be more, just double it. It would be good if the additional 1.2 billion Hong Kong dollars can complete the position opening before the news is announced. If you borrow too much funds and cannot open the position, you will have to pay additional interest."
Lin Baicheng said, with 1.2 billion Hong Kong dollars here, plus more than 200 million Hong Kong dollars from Yum Securities, nearly 1.5 billion Hong Kong dollars in funds, it would be great to be able to complete the position building in a few days.
"It's just double the capital, so it's easy to negotiate with the bank."
Bao Yugang and the other four did not object when they heard this. They knew what Lin Baicheng said made sense.
Guo Henian suddenly remembered: "By the way, Mr. Iwasaki, have you informed Lin Sheng?"
Lin Baicheng said: "He is in Tokyo, but I have contacted him and he agreed to use leverage. He said he would come to Xiangjiang tonight and let him be responsible for part of the funds. Mitsubishi Bank happened to have this kind of business itself .”
Guo Henian: "Lin Sheng, you have Galaxy Bank, don't make financing easy."
Huo Yingdong said: "Lin Sheng, if your Galaxy Bank has enough funds, all the financing funds can be obtained from Galaxy Bank, and the interest will be calculated according to the market price. What do you think, Lin Sheng?"
"Galaxy Bank can only be responsible for a part of the funds, maybe a quarter. Any more will be unbearable."
Lin Baicheng shook his head. Although Galaxy Bank now has nearly 2 billion Hong Kong dollars in deposits, Yum Securities has used a lot of them. Part of the funds have been loaned to other companies. The bank itself has to retain some funds for use, so it cannot take out too much. funds to finance them.
"I think Iwasaki-kun should also be responsible for a quarter of the funds. The remaining half of the funds will be financed by the four of you from the bank."
"Lin Sheng, you and Mr. Iwasaki have already taken care of half of it. If we can't do the remaining half as soon as possible, it will be unreasonable."
Bao Yugang immediately said that Lin Baicheng was leading them to make a fortune, and even if they had nothing to contribute, nothing could hold them back. Otherwise, if there is a similar opportunity next time, how could Lin Baicheng take them to play again.
"That's a good thing to say."
The other three people strongly agreed with Bao Yugang's words.
Around 11:30, Lin Baicheng and the five of them finished their detailed discussion and went indoors to have lunch.
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