Reborn as a tycoon in Hong Kong

On the day of the Spring Festival, Lin Baicheng stayed at home the whole day.

Many people came to wish Lin Baicheng New Year's greetings today. The senior executives of his companies all came to visit with gifts to wish Lin Baicheng New Year's greetings.

As the big boss, Lin Baicheng can refuse his subordinates' New Year's greetings, but it is not necessary. It would be a bit unkind and not conducive to Lin Baicheng's management of the company if he did not even allow his subordinates to pay New Year's greetings.

As for the management staff below the manager level, they are not qualified to send New Year greetings to Lin Baicheng, and Lin Baicheng does not have that much time to accept New Year greetings from more people.

Now, Lin Baicheng always asks executives from the same company to come together to pay New Year greetings, which can save time. Otherwise, if hundreds of people come to pay New Year greetings to him in batches, one day will not be enough.

Lin Baicheng didn't have time at all on this day, but it was Zhong Chuhong's birthday, so Lin Baicheng just called Zhong Chuhong and celebrated her birthday on the phone, but the bodyguard gave her a gift.

In addition to the executives of Lin Baicheng's companies, many relatives came to the house to pay New Year's greetings to Lin's father and Lin's mother.

Of course, these relatives are not direct relatives of the Lin family. Lin's father only has one sister. Lin's mother's relatives are in the mainland, and Lin's father's generation is alone. These relatives are relatives left by Lin Baicheng's grandfather's cousins.

If you really want to talk about it, these relatives are actually a bit distant. In the past, when the Lin family was just an ordinary family, everyone actually had no contact with each other.

However, after the Lin family became famous, these distant relatives appeared and began to travel with the Lin family. Due to the relationship between them, Lin's father could not refuse, so he had contact with these relatives and visited during the holidays.

Lin Baicheng can't say he has a bad feeling for these relatives who only move around after they get rich. After all, this is human nature. If it were their family, if their family conditions were average but they had a richest relative, they would definitely find a way to get around with the richest relative. , get some benefits.

They are all ordinary people who want to make their lives easier. They have rich relatives they can rely on for help. Not many people would choose not to recognize their relatives. This is human nature.

However, recognizing relatives means recognizing relatives, but this kind of relatives cannot be said to be close, and these relatives must not be greedy, otherwise no one will like them.

After these relatives appeared, Lin Baicheng told his parents that he must not give these people a lot of benefits for no reason. If you have difficulties and need help, it’s okay. If you want to borrow money to start a business, it’s okay. If you want to help introduce a good job, it’s okay as long as you are not lazy.

As long as he is not greedy and does not do bad things outside using Lin Baicheng's name, then these relatives can recognize him.

For this reason, Lin Baicheng specially asked people to investigate the behavior of these relatives every once in a while to make sure that no one was damaging his reputation outside.

People are different. Some people are content, while others can't understand that they are greedy. The latter were all driven away by Lin Baicheng after telling his parents, and they pretended that they never had these so-called relatives.

In the evening, all the people who came to pay New Year's greetings left, and only Cheng Yufeng, the prospective son-in-law, stayed.

Cheng Yufeng also came to pay New Year greetings to Father Lin and Mother Lin, and was left to have dinner together. Cheng Yufeng did not refuse. As the prospective son-in-law of the Lin family, there is no harm in establishing a good relationship with the Lin family.

Whether it is father-in-law, mother-in-law, or wife, brother-in-law, sister-in-law, Cheng Yufeng must have a good relationship.

Before dinner, Lin Baicheng and others first paid New Year's greetings to Lin Baicheng's parents, aunt and uncle.

Old people like to have fun. Although Father Lin and Mother Lin are not old enough, they are still the same. They are very happy that so many people are celebrating the New Year together this year, and they wish it would be like this every year.

The Spring Festival passed quickly.

The next day was the second day of the Lunar New Year, the day before Lin Baicheng's birthday. On this day, many guests invited to Lin Baicheng's birthday party came to Xiangjiang and stayed at the Hutchison Hotel.

As early as a week ago, the Hutchison Hotel was no longer open to the public. Lin Baicheng's birthday party was held at the Hutchison Hotel this time, and all the hotel rooms were reserved for invited guests.

Most of the invited guests who come to Xiangjiang are senior executives of Lin Baicheng's overseas companies. Lin Baicheng does not have to entertain these people personally. There is no reason for a big boss to entertain his subordinates. Qin Lan will specially arrange people to receive them, at least to Each company is assigned a translator and tour guide.

But there are some people, and Lin Baicheng is going to meet them. After all, these friends come to Lin Baicheng's birthday party in person to give Lin Baicheng face, and Lin Baicheng can never leave them aside.

Phil Smith, Logan Rockefeller, Claure Rockefeller, Wade Thomas, four people came from the United States.

Over in Japan, Lin Baicheng only had one close friend like Iwasaki Mineryu, and Iwasaki Mineryu would of course attend Lin Baicheng's birthday party, but Iwasaki Mineryu currently lived in Xiangjiang, so there was no need for Lin Baicheng to go out of his way to meet him.

Because Iwasaki Mineryu and Phil Smith also knew each other, when Lin Baicheng went to meet Phil Smith and the others, he brought Iwasaki Mineryu with him.

The rooms of Phil Smith, Logan Rockefeller, Claude Rockefeller, and Wade Thomas were connected. Lin Baicheng had someone ring the doorbells of the other three rooms, while he stood next to Phil Smith. In front of Smith's room.

"Ellen, long time no see!"

Phil Smith opened the door and gave Lin Baicheng a hug when he saw Lin Baicheng at the door. Speaking of which, the two of them haven't seen each other for about a month, and there are only twelve months in a year, so one month is not a short period of time.

"Long time no see, Smith."

Lin Baicheng hugged Phil Smith, and then shook hands with Wade Thomas who came out of the next room.

Later, Logan Rockefeller and Claude Rockefeller also walked out of the room. Lin Baicheng greeted them respectively, and Iwasaki Mineryu also greeted the four of them. This was the first time for Claude Rockefeller and Iwasaki Mineryu. meet.

There is no place for talking and chatting outside the room door. The group went to the floor below where they drank tea and chatted casually.

It was evening now, and Phil Smith and others were foreigners, so Lin Baicheng did not ask anyone to serve tea, but asked everyone to order their favorite coffee.

"Thank you to everyone who took the time to come all the way to attend my birthday party."

Lin Baicheng held up a cup of coffee and thanked the five people, including Iwasaki Mineryu. Face was given to each other, so of course he had to show his gratitude when they came to his birthday party.

Mineryu Iwasaki said with a smile: "Look at what you said, Mr. Lin, you just had a small event last year, but this year it's a big event. There's no reason why we can't come."

Phil Smith nodded in agreement: "Yes, we are good friends."

Lin Baicheng naturally smiled and nodded in agreement. Although our relationship was not close to that of good friends, we certainly couldn't say such things.

Everyone started chatting.

The most popular news recently that is relevant to everyone is the international gold price. After all, everyone has invested in gold futures before, so this topic inevitably came up when chatting.

“It’s a pity to say that the price of gold has already exceeded US$850/ounce on Friday, and it looks like it can go even higher next week. I’m afraid it can break through US$900/ounce, but I don’t know if it can eventually break US$1,000/ounce. The price is right.”

Phil Smith regretfully said that compared with the price when he shipped the goods, he made nearly 30% less, and this was without calculating the leverage ratio.

Although it is the Spring Festival here in Xiangjiang and the stock market is closed, the United States and other Western countries do not have the concept of Spring Festival. The stock market and futures are still operating. During this period, the international gold price continues to rise as usual, rising higher and higher.

"No, who would have thought that the price of gold could rise to such a high level."

Iwasaki Mineryu nodded in agreement, and said with heartache: "I was even worse. I sold the long order too early, and later opened a short order. This short order caused me heavy losses, and I lost almost half of the profit from the previous long order. .”

"This kind of thing is really unpredictable."

Logan Rockefeller said that he had been long before, but his principal was not large, so he did not make much. After closing the long order, he did not go short, so although it was regrettable to make less, it was not heartbreaking.

"Iwasaki-kun, actually you are not the only one who has lost money."

Lin Baicheng said to Iwasaki Horyu: "Hutchison Whampoa is actually shorting now. The loss is about 13% without taking into account leverage, which is quite a lot."

The main reason why he mentioned the investment losses was that Lin Baicheng did not want others to regard him as a 'god' who could make money with any investment. Putting a small loss and more big profits together, although there were flaws, it seemed real. It won't make people think too much.

"Alan, how much money did Hutchison Whampoa invest this time? With the current upward trend of gold prices, are you prepared to continue to resist or to cut off the price?"

Claure Rockefeller asked aloud. He actually knew from his father that Hutchison Whampoa was shorting the international gold price through the Golden Fleece Company and opened a short order of US$800 million, using only twice the leverage.

The current losses are nothing compared to Hutchison Whampoa's previous profits. Therefore, Clair Rockefeller is simply curious about how Lin Baicheng will respond when faced with losses.

"The investment this time is not much. After all, we have made a lot of money in the past. This investment is just to test the waters."

Lin Baicheng did not say the specific investment amount, and then said: "It seems that the price of gold will continue to rise, but I still have my original point of view. The price of gold has risen so far. The increase has been quite astonishing, and there will inevitably be an adjustment. I don't Once I know what price it will rise to, I will start to adjust, but Hutchison Whampoa’s short position will always be held. I will play with it for half a year and a year, and I can afford to wait.”

If Lin Baicheng remembers correctly, the peak of this wave of gold price increase was to exceed US$850/ounce, but it did not exceed US$900/ounce. Judging from the current gold price, the gold price may rise in one or two trading days. It collapsed.

Of course, this is the original history, because Lin Baicheng's rebirth is likely to change history. The high price of gold is not without the possibility of exceeding US$900 per ounce.

The trading volume of the gold futures market is very large. It stands to reason that Lin Baicheng's rebirth cannot have an impact on it. But who made Lin Baicheng and Hutchison Whampoa make a total of nearly 20 billion US dollars this time? Such a large amount of funds is enough to influence the market. It has had a certain impact.

However, even if it has an impact, Lin Baicheng believes that his impact is limited. Even if the price of gold can break through the price of 900 US dollars per ounce in the short term, or even exceed the higher price of 1,000 US dollars per ounce, it will only be driven by funds, and the fundamental reason for the downward correction has not changed.

If the gold price rises sharply in the short term, if the increase is too large, there will definitely be adjustments later on, and it is impossible to keep rising. Moreover, the higher the high point and after a crash, the decline will only be harder and the room for adjustment will be greater.

If it weren't for the sake of safety, Lin Baicheng really wanted to spend a large amount of money to go short and make a huge profit by then. That would really be a situation where he would eat both shorts and longs.

It's a pity that entering the market for short-selling temporarily. The entry of a large amount of funds will definitely attract attention. It is easy to be found out that Lin Baicheng's funds are short-selling. If it is found out how much profit he made before, Lin Baicheng will be in big trouble. .

More than 10 billion US dollars, this is not a small amount, even for a world power, this is not a small amount, it will definitely arouse a lot of covet, and the troubles Lin Baicheng will face at that time will definitely not be small.

It was precisely because of safety considerations that although Lin Baicheng knew that he could make a lot of money by shorting gold futures, he did not do so. He just asked Hutchison Whampoa to use some funds to enter the market and drink soup.

"Ellen, you have such a good attitude."

Phil Smith gave Lin Baicheng a thumbs up. Not many investors can calmly face a large decline, let alone when this investment requires additional leverage interest.

"My mentality is incomparable to Lin Sheng's."

Mineryu Iwasaki shook his head: "My short order was closed on Friday New York time. My analysts told me that there is a high possibility that the price of gold will exceed US$900 per ounce. In order to reduce losses, I can only The position is closed." Don't look at the price difference of less than 50 US dollars per ounce. In total, there is still a decline of about 6%. If you include leverage, it will be doubled several times, which is already a lot.

"In fact, cutting the meat at the right time is also a clear choice."

Lin Baicheng comforted him, but he was quite speechless in his heart. Iwasaki Mineryu died before dawn. When the gold price collapses in a few days, Iwasaki Mineryu will have to vomit blood.

If Iwasaki Mineryu's loss this time is US$100 million, then if he does not close his position, when the price of gold drops sharply, he will make at least US$200 million to US$400 million. The difference between one round and the other is huge.

Claure Rockefeller agreed: "Yes, sometimes we do have to make choices."

"Who says it isn't?"

Later, Lin Baicheng and others chatted about other things, including the Ocean Import and Export Trading Company jointly owned by Lin Baicheng and the others. Then Clair Rockefeller said that if there was an opportunity in the future, they would also cooperate to open a company.

To this, everyone including Lin Baicheng agreed, saying that they had good projects to work with together.

After visiting Phil Smith and others, Lin Baicheng went to see Yamaguchi Momoe and Matsuda Seiko. They said they wanted to come over to celebrate Lin Baicheng's birthday. Lin Baicheng naturally couldn't refuse them, and he had no intention of excluding them.