Reborn as a tycoon in Hong Kong
Chapter 548: Divide the spoils and make a small profit of nearly 1 billion (two-in-one)
A few days later, the dock.
Lin Baicheng came here to pick up Father Lin and Mother Lin.
As the ship docked, Lin's father, Lin's mother and others appeared in Lin Baicheng's sight.
"Dad! Mom!"
Lin Baicheng looked at Lin's father and Lin's mother and found that the two elders were in good spirits and not losing weight.
"Zhao Chengan! Zhao Chenglin!"
Lin Baicheng looked at the two young men next to Lin's mother. They were fifteen or sixteen years old, but they were his cousins.
"The conditions in the mainland are not good now. Mom has talked with their grandparents and brought them to Xiangjiang so that they can have a good future."
After explaining the reason, Lin's mother Zhao Huilan said to Lin Baicheng: "Son, you have to arrange for them so that they have a good future, so that I can explain to their grandfather."
"Mom, don't worry, I know what to do."
Lin Baicheng responded immediately: "I am going to arrange for them to study Xiangjiang dialect first. Only after they have solved these basic problems can I arrange for them."
"Okay, it's time to learn cultural knowledge first."
Mother Lin has no objection to this. It is difficult for a person who is illiterate to have a good future.
Father Lin asked aloud: "Nothing happened to your sister these days, right?"
"Dad, don't worry. My little sister is doing well in Los Angeles. What can happen to her? She's not a little girl, so it's time for her to be independent."
Lin Baicheng knew what the old man was worried about. He was just worried that Lin Qin would have a hard time abroad or be bullied by others. He arranged for bodyguards and servants to take care of him. Plus, Lin Qin was not a child anymore, so how could something happen to him?
Mother Lin also said: "Her girls are different from you."
Smiling and shaking his head, Lin Baicheng said: "Dad, Mom, let's not stand here talking anymore. Let's go home first."
"Yes, go home."
Of course Father Lin and Mother Lin had no objection, and everyone left the dock and went home.
At noon, Lin Shufang brought Cheng Yufeng to the house to visit the two elders.
Father Lin and Mother Lin also told Lin Baicheng that both the village and the commune expressed their gratitude to him for building roads and schools, and also thanked him for sending people over to distribute free fruit saplings for everyone to plant. Father Lin and Mother Lin told Lin Baicheng that he must If these things are done well, they can't start in a hurry and let people poke their backs. Then Mother Lin will have no shame in going back to her hometown to see her relatives and fellow villagers.
Lin Baicheng reassured his parents, saying that he had established relevant funds and companies, and there would be dedicated people to do these things, and he would never mess things up.
The evening of Thursday, October 11th.
Lin Baicheng, Iwasaki Fenglong, Bao Yugang, Huo Yingdong, Guo Henian and Zheng Yudong gathered at Iwasaki Fenglong's villa.
The six of them are gathered here at this time today because the 2.4 billion Hong Kong dollars of Hutchison Whampoa stocks they jointly bought were all shipped this afternoon. The six of them gathered together to share the dirty work.
Lin Baicheng and others initially raised 1.2 billion Hong Kong dollars in funds, and the remaining 1.2 billion Hong Kong dollars were leveraged, so their respective investment ratios were fixed.
Among them, Lin Baicheng invested 400 million Hong Kong dollars, Iwasaki Holong invested 300 million Hong Kong dollars, Bao Yugang invested 250 million Hong Kong dollars, Huo Yingdong invested 150 million Hong Kong dollars, and Guo Henian and Zheng Yudong each invested 50 million Hong Kong dollars. Their respective funds were divided by the total funds. HK$1.2 billion is their respective proportions.
A total of 2.4 billion Hong Kong dollars was purchased in two batches. The cost price of the first 1.2 billion Hong Kong dollars was only 50.35 Hong Kong dollars, but the cost price of the next 1.2 billion Hong Kong dollars was 63.2 Hong Kong dollars.
However, when selling, they were calculated together. After 85 Hong Kong dollars, they started to be sold slowly, and the average selling price was 91.8 Hong Kong dollars. It was a bit early to sell.
Calculated, after deducting leverage interest, taxes and handling fees, the first 1.2 billion Hong Kong dollars can leave 890 million Hong Kong dollars; the next 1.2 billion Hong Kong dollars can only leave 490 million Hong Kong dollars after deducting other expenses.
In total, the total profit from the 2.4 billion Hong Kong dollar long Hutchison Whampoa operation was 1.38 billion Hong Kong dollars. Calculated based on the principal of 1.2 billion Hong Kong dollars, the profit was as high as 115%.
Lin Baicheng invested 400 million Hong Kong dollars and made a profit of 115%, and the total profit was 460 million Hong Kong dollars; Iwasaki Horyū invested 300 million Hong Kong dollars and made a profit of 345 million Hong Kong dollars; Bao Yugang invested 250 million Hong Kong dollars and made a profit of 287.5 million Hong Kong dollars; Huo Yingdong invested 150 million Hong Kong dollars and a profit of HK$172.5 million; Guo Henian and Zheng Yudong each invested HK$50 million and each made a profit of HK$57.5 million.
Today is October 11, but Lin Baicheng and others raised 1.2 billion Hong Kong dollars to go long Hutchison Whampoa in mid-to-late August, less than two months before and after.
In two months, the profit was 115%, which is already quite high.
Lin Baicheng said: "Everyone, if there is no problem, we will distribute it according to their respective proportions, and the income funds and principal will be transferred to their respective accounts."
"The number is correct!" "No problem!"
Everyone is watching, so everyone knows what their respective profits should be, so no one has an opinion.
"Come, let's toast Mr. Lin and thank him for making us rich!"
At this time, Iwasaki Mineryu took the red wine and wine glasses next to him and poured red wine into several wine glasses.
"Lin Sheng, I respect you!"
Although Bao Yugang and others are older than Lin Baicheng, Lin Baicheng made a lot of money with them, so they must make a toast. It is impossible to talk about age at this time. What's more, with Lin Baicheng's current wealth and status, everyone consciously treats him as a peer, and no one will arrogantly treat him as a junior.
"You're welcome, everyone cooperates with each other. This time I will make you rich, and next time maybe you will make me rich."
Lin Baicheng smiled and waved. If he didn't help Bao Yugang and others get rich, Lin Baicheng would not get the benefits in vain. He could only earn as much as he invested, and he would still lose a favor by helping them make money.
Huo Yingdong raised his glass and said, "That's the truth, but this time it's Lin Sheng who leads us to make money and lets us eat meat, so we should toast you."
Bao Yugang smiled and said: "Lin Sheng, if you don't let us toast you with this glass of wine, you are going to take it from us."
"Since Mr. Bao has said so, what else can I do?"
Lin Baicheng smiled helplessly. Fortunately, he could bear the toasts from several people.
After toasting, everyone was no longer so solemn.
Iwasaki Mineryu said with emotion: "Lin Sheng, I really can't do it without you. Unless you take me to invest in this business in the future, otherwise I will stop playing by myself. I simply can't play by myself."
Guo Henian was a little curious: "How do you say this, Mr. Iwasaki?"
"There's nothing to hide. Some of you want to know, so I'll just tell you a little bit."
Iwasaki Mineryu shook his head and said: "There was a correction after the sharp rise in gold prices a while ago. After the gold price fell below 400 US dollars per ounce, I took out a sum of funds to go short, judging that the gold price would have a major correction. I was right at first. The price of gold experienced a considerable correction, but after it fell to US$385/ounce, it suddenly rebounded, and it rebounded rapidly. Within two days, it rose back to above US$400/ounce, and rushed to the price of US$410/ounce. I am As a short seller, the more the price of gold rises, the more I lose.”
"Iwasaki-kun, have you closed the short order now?"
Lin Baicheng couldn't help but ask. He felt that this possibility was very high, otherwise Iwasaki Mineryu would not have told this matter.
"Yes, I was worried that the gold price would rebound even more and even break through the previous high, so it closed at $405 per ounce."
Mineryu Iwasaki nodded slightly, with a wry smile on his face: "Who would have thought that on the second trading day after closing the short order, the price of gold would adjust back to the price of 400 US dollars per ounce, and the sale would lose more than a point." There is still more than one point of leverage not calculated. If leverage is included, the loss will be even greater.
Iwasaki Mineryu felt that every time he made an investment operation, it was not smooth, and he made mistakes every time, resulting in a lot of losses.
Lin Baicheng couldn't help but said: "Iwasaki-kun, you closed the position at the price of 405 US dollars, so the loss should not be big. Why did you close the position so early, without waiting and seeing?"
"We lost more than 2 points, and after including interest, we lost more than 5 million US dollars."
Iwasaki Mineryu shook his head and said: "When I closed my position, I was worried that the price of gold would break through the previous high and rise to 430 US dollars or even 450 US dollars. If that happened, then my short selling would be a big loss. I originally wanted to cut off the flesh in time. It’s a loss, I didn’t expect the price of gold to drop again, I sold it too early.”
Saying that, Iwasaki Mineryu looked at Lin Baicheng and said, "It's better to follow Mr. Lin's operation to make people feel at ease. You don't have to worry about it after buying it. You can make a lot of money just by leaving it alone."
"Lin Sheng, if there are similar good things in the future, please don't forget us."
Zheng Yudong said with a smile that although he was one of the smallest investors and earned the least this time, he still had a profit of more than 50 million Hong Kong dollars, which was almost as much as the profits of all his businesses in a year. This kind of opportunity to make money, let alone how many times a year, even if it only comes once every few years, is a rare opportunity for him.
"If I have the chance, I will look for everyone to work together."
Lin Baicheng smiled and agreed. As long as it didn't affect his own money, he didn't mind making them rich, letting them know the benefits of cooperating with him and expanding their influence.
"Lin Sheng, this matter has been settled."
Bao Yugang also said that an income of several hundred million Hong Kong dollars at a time is not a small amount for him.
Lin Baicheng nodded: "It's settled, as long as there is a chance."
Seeing this, everyone stopped saying anything. Talking too much can easily annoy people.
Huo Yingdong spoke up at this time: "Lin Sheng, I'm curious to ask, have you sold any of the Hutchison Whampoa stocks you hold?"
"No, my shareholding ratio has not changed."
Lin Baicheng shook his head. Since no operation was performed, there was certainly no need to hide it.
Huo Yingdong couldn't help but said: "Lin Sheng, Hutchison Whampoa's stock price has almost reached 100 Hong Kong dollars. You hold nearly half of the shares, why don't you reduce your holdings?"
Bao Yugang also said: "Lin Sheng, your shareholding ratio in Hutchison Whampoa is too high. For the sake of safety, it is best to reduce your holdings of some stocks when the stock price is high and invest the funds in other industries. In this way If you come, even if something happens to Hutchison one day, it won't have a big impact on your net worth."
"I've started selling some shares."
Guo Henian also said that Lin Baicheng would know about this sooner or later, so it was better to tell it now.
Lin Baicheng knew that these people had good intentions, so he said: "Thank you for your kindness. I understand the reason. When Hutchison Whampoa's stock price reaches my psychological price, I will pay part of it."
After hearing what Lin Baicheng said, everyone stopped talking.
The few of them chatted for a while. Huo Yingdong found an opportunity to ask Lin Baicheng something. He asked Lin Baicheng whether he had cooperated with Ye Han. Lin Baicheng told the truth. Huo Yingdong is also the major shareholder of Aodao Tourism and Entertainment Company. If Lin Baicheng cooperates with Ye Han, it will affect the casino's revenue, which is equivalent to affecting his interests. Therefore, Stanley Ho asked him to inquire about this matter on his behalf. Of course, he could not refuse.
Lin Baicheng made it clear that he would not invest in gambling-related businesses, so Huo Yingdong could rest assured.
Around five o'clock, the party ended and everyone left.
Lin Baicheng did not leave, but stayed.
"Iwasaki-kun, the Hutchison Whampoa stock that Mitsubishi took over from HSBC has now made a profit of up to 50%. You can find an opportunity to sell it. After this wave of stock price rises, there will definitely be a correction. When will the stock price rise to such a high level? Location, then I can’t guarantee it.”
"Jun Lin, I believe that Hutchison Whampoa will skyrocket under your control, so I am not ready to sell those stocks for the time being."
Iwasaki Mineryu shook his head and said that he had his own considerations. Mitsubishi Bank took over from HSBC at a price of HK$64.5. This price is quite safe. Even if Hutchison Whampoa will adjust later, it is unlikely to fall below this price. Therefore, You can hold it for the long term and see if Hutchison Whampoa's stock price will continue to rise.
"Now that you have made your decision, Iwasaki-kun, I won't say more."
Lin Baicheng nodded and said nothing more. Anyway, he had fulfilled his obligation to remind. If Hutchison Whampoa suffered a sharp decline in the future, causing Mitsubishi Bank's investment to suffer losses, it would have nothing to do with him.
After leaving Iwasaki Mineryu, Lin Baicheng went home directly.
Today's share of the spoils gave Lin Baicheng an extra 460 million Hong Kong dollars in cash, including the principal of 400 million Hong Kong dollars. These principals were withdrawn from other companies and can be returned to the relevant companies or used for other purposes.
In addition, Lin Baicheng's Yum Securities also sold all the Hutchison Whampoa stocks it bought. The total principal is 800 million Hong Kong dollars, the cost price is 56.3 Hong Kong dollars, and the average selling price is 94.7 Hong Kong dollars, an increase of about 68.2%. The net profit after deducting all expenses is 490 million Hong Kong dollars.
Calculated in this way, Lin Baicheng's total personal profit from being long Hutchison Whampoa is HK$950 million. These funds can be used by Lin Baicheng. If the principal of 400 million Hong Kong dollars is also included, then the total funds that can be used are 1.35 billion Hong Kong dollars.
A while ago, Lin Baicheng was short of money when preparing to preserve the company. Now that he has an extra two to three billion US dollars, he does not need to worry about funding problems in the early stage.
The establishment of the security company is easier to say than recruiting troops. The main reason is that the transaction on the uninhabited island of the base is not that easy. It cannot be done immediately if you have money. It will take some time.
Lin Baicheng had already asked his bodyguards to bring a special person to handle the matter, and he spared no expense in this regard.
The next evening, Lin Baicheng took a private plane to Los Angeles. Galaxy Games is about to go public, and as the company's chairman, he still has to make an appearance in the final stage of the road show.
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