Reborn as a tycoon in Hong Kong

Hong Kong Exchange.

In the large room used by the British capital, the person in charge of the work here today was replaced by George Schweizer.

The closing price of Hutchison Whampoa on the last trading day was HK$70.8. The call auction opened at a low of HK$69.1, a 2.4% lower opening. Afterwards, it fluctuated downwards, fluctuating up and down at the price of HK$68.2, and the trading volume increased significantly.

When Hutchison Whampoa's share price is at 68.2, its total market value is approximately HK$30 billion. Obviously, this price is a support level for many parties, and many investors feel that they can buy the bottom at this price.

Today's British capital is completely different from last week's British capital, because today's British capital is long, not short. Except for selling a few shares during the call auction stage to suppress the stock price, British capital has always bought but not sold.

Hutchison Whampoa's current price is enough for the British capital, so the British capital chooses to buy back the shares to repay the number of shares sold short.

If possible, British capital would of course want to wait until Hutchison Whampoa's stock price is lower before buying it, but British capital knows that Lin Baicheng has not done nothing. Although the Wall Street institutions entrusted by Lin Baicheng were destroyed by British capital, Lin Baicheng's people are still trying to find ways to get the Securities Regulatory Commission to lift restrictions on Lin Baicheng. They are also worried that Lin Baicheng has other methods.

Therefore, while Hutchison Whampoa's stock price is not high now, it is time to buy back the stock to cover the short position.

After ten o'clock, a senior official of the Hong Kong government broke the bad news about Lin Baicheng. Hutchison Whampoa's stock price fell sharply, falling below the price of HK$65 in a volatile decline. Hutchison Whampoa's total market value was only more than 280 Hong Kong dollars. billion Hong Kong dollars.

During this wave of decline, British capital bought a large amount of Hutchison Whampoa's stock. It was precisely because of the large number of British capital that Hutchison Whampoa's stock price did not fall further. Otherwise, it would not have fallen by more than eight points by now. Instead, it dropped more than ten points.

It’s not that the British capital wants to help Hutchison Whampoa stabilize the stock price, but it can buy a large number of stocks when the stock price drops sharply. Otherwise, if you buy it when the stock price stabilizes, you won’t be able to buy as much stock, and you can buy it when it rebounds. Investment will only push up Hutchison Whampoa's stock price.

Comparing the two sides, it is better to buy when there is a sharp decline than to buy when it rebounds.

Hutchison Whampoa's stock price fell below the price of HK$65 and is still falling. The overall trend is fluctuating and falling, but the subsequent decline is not as fast and fierce as the previous one.

British capital continues to buy Hutchison Whampoa's stock price without affecting the stock price trend. In order to avoid large-scale buying affecting Hutchison Whampoa's stock price trend, how to buy from falling to rising is also a science, but this kind of thing There are dedicated people doing it.

George Schweizer only needs to ensure that there is no problem with the general direction. If he is asked to direct his subordinates to buy and sell at what price, he will not know how to do it. After all, there are specialties in the industry.

"gentlemen!"

At around half past ten, the trader responsible for transaction coordination came to George Schweizer.

"Is there a problem?"

George Shuaiya became serious. He knew that if everything went well, the other party would not suddenly come to him.

"We found that Hutchison Whampoa's stock price has stopped falling. There have been multiple large buying orders in the market. It is obvious that large funds have entered the market, and the current stock price has a tendency to rebound."

“What is the current price of the stock price?”

As George Shuaiya spoke, he walked towards the only display screen in the large room.

"64.8 Hong Kong dollars."

There is no need for the people below to answer, George Schweizer has seen it all, and every change in the stock price is upward.

George Schweizer asked aloud: "Has the number of stocks we bought so far this morning been calculated?"

"As of 10:15, I bought 8.65 million shares. The statistics are still being counted in the 15 minutes from 10:15 to 10:30, but I can estimate a rough figure, which is about 1.3 million. About shares."

"In other words, we have bought about 10 million shares."

George Schweizer calculated silently in his mind, deducting the more than 3.56 million shares he had shorted last Friday afternoon to buy, leaving nearly 6.5 million shares bought back in the morning.

Excluding the short selling volume due to emergencies on Friday afternoon, British capital shorted a total of 44 million shares this time, which is exactly 10% of the total share capital, and the average cost of its sales was more than 92 Hong Kong dollars, and now Hutchison Huangpu's stock price is below HK$70, which can be said to be a fairly safe price.

A few days after Lin Baicheng completed the reduction of Hutchison Whampoa shares, HSBC knew about it. Then Shen Zhou told several British-owned families about it, and after discussion, everyone decided to short Hutchison Whampoa together.

HSBC did not choose to go it alone, because shorting Hutchison Whampoa would be equivalent to breaking up with Lin Baicheng if it were only HSBC. At least Hutchison Whampoa would not cooperate with HSBC in the future, so Shen Zhou chose to find British capital to cooperate and hide HSBC behind the scenes. .

When Hutchison Whampoa's stock price was above 100 Hong Kong dollars, British capital began to short-sell the stock. Most of it was sold above 100 Hong Kong dollars, and the rest was sold when the stock price fell during the process of suppressing the stock price, so the final average Afterwards, the cost price of British short selling was HK$92.25.

"Sir, do we choose to continue buying stocks, or do we sell part of the stocks to suppress the stock price?"

"Buy the stock and divide it into a large number of small orders. At the same price, the exchange will give priority to trading with us, so our buying price cannot be lower than the long position that entered the market."

The current stock price of Hutchison Whampoa is not high, and the number of shares that British capital wants to buy back is as high as more than 30 million shares. Therefore, rather than suppressing the stock price, continuing to buy stocks is a better choice.

When the people below went to follow George Shuaiya's instructions, George Shuaiya called Shen Zhi and others to inform them of the long entry.

Out of caution, George Schweizer asked Shen Chow to contact the exchange to find out who was buying Hutchison Whampoa shares in large quantities. As long as there were purchases, they would leave traces and cannot be hidden from the exchange. Shen Chow wanted to It is not difficult to learn this from the exchange.

Although Shen Chow only needs to contact the senior management of the exchange and check to find out who is buying Hutchison Whampoa's shares in large quantities, it will take time.

It is true that HSBC has great reputation, but the exchange is not a subsidiary of HSBC. It is impossible for Shen Zong to just call and the other party will do exactly what he asked. There needs to be an exchange of interests.

And even if the exchange's senior management agrees to help, it will take time for the senior management to order an investigation. The exchange has not yet fully used computers to work, so it does not mean that relevant data can be found immediately with a few keystrokes.

Therefore, when Shen Chow contacted the exchange's top management, Hutchison Whampoa's stock price continued to move.

The Bank of East Asia's funds are buying a large amount of Hutchison Whampoa's stocks, and now there are more funds from British capital to increase buying, and the power of the bulls has become stronger.

At the beginning, short positions still had stronger momentum, and more retail investors sold stocks. However, as the number of buy orders on the market did not decrease, some retail investors reacted and did not sell stocks, but chose to continue to wait and see.

As time passed, Hutchison Whampoa's stock price began to fall and then rise again, and the buying orders continued to decline.

At this time, there will be fewer retail investors selling stocks, but more funds will choose to fight for a rebound, enter the market to buy stocks, and there will be more funds to buy stocks.

With the rebound, Hutchison Whampoa's stock price gradually charged towards HK$70.

However, the closer the stock price is to HK$70, the more selling orders there are above.

The reason is very simple. The short-selling funds are not willing to see the stock price rise above HK$70, so some of the selling is done by the short side.

There are also retail investors who are holding shares and waiting to see. When the stock price was low before, retail investors were unwilling to sell. This will cause the stock price to rebound a lot, and some retail investors can't help it. They are afraid that the stock price will fall again later, so they choose to cut their flesh and leave the market.

Another major seller is the funds that bought the stock at the bottom not long ago. The funds that bought from HK$65 to HK$66 increased by about five percentage points when the stock price rebounded to HK$68 to HK$69.

For some short-term bargain hunting funds, a profit of five percentage points is enough, so these funds will choose to take profits. Anyway, the Xiangjiang stock market is in T+0 mode. There is an unlimited number of transactions on the day, but there is no way to transfer the profitable funds out of the account on the same day.

There are more and more selling orders. Originally, if this happened, it would be an opportunity for British investors to buy at the bottom, and they would even reduce their buying orders slightly, causing the stock price to drop a little. But now that they see another bull, they still buy as usual. Of course, we can only follow and buy.

Therefore, Hutchison Whampoa's stock price did not fall significantly due to the surge in selling orders, but became volatile.

In this case, the stock price can only continue to rise after the selling order is digested.

"Damn it!"

Seeing the stock price fluctuating, George Schweizer was very unhappy. Without the sudden appearance of funds, they could buy more Hutchison Whampoa shares, and the cost of buying the shares would also be lower.

Regarding the sudden appearance of bulls, George Schweizer had some speculation in his mind. He suspected that Lin Baicheng had arranged the funds, but they did not discover the children's chair in advance, just like Goldman Sachs who suddenly appeared on Friday.

It is not impossible for other funds to enter the market to buy the bottom of Hutchison Whampoa, but the possibility is relatively low.

At almost 11:30, George Shihuai received a call from Shen Chow. He had already found out where the funds for long purchases came from. It came from the Bank of East Asia. However, it was still unclear whose funds were used to buy through the Bank of East Asia. I don’t know, we still need to continue investigating.

However, no matter which route the funds come from, the investigation will have results as soon as the afternoon. If you want to prevent the other party from buying, you can't do it right away. After all, Bank of East Asia is not that easy to control.

Therefore, no matter what happens later, there is definitely no way to affect the operation of this stock today. This stock can be bought with as much capital as it needs. It is impossible to determine what impact it will have on Hutchison Whampoa's stock price trend. of.

The time soon came to twelve o'clock, the stock market closed, and Hutchison Whampoa's stock price closed at HK$70.6, breaking through the suppression above in late trading.

Around the price of 70 Hong Kong dollars, Hutchison Whampoa's stock trading volume increased and selling orders increased significantly. The rising stock price shows that the power of buying is greater. A large number of stocks were traded near this price.

After the morning trading ended, many investors on the exchange were still discussing Hutchison Whampoa's share price.

The closing price of Hutchison Whampoa on the last trading day was HK$70.8, but the closing price in the morning was HK$70.6. The stock price only fell slightly by HK$0.2, which means it only fell by less than three thousandths.

Suffice to say, Hutchison Whampoa's share price is not down this morning.

But this morning, there was bad news for Hutchison Whampoa, especially the huge bad news that was reported around 10 o'clock that senior Hong Kong government officials wanted to investigate Hong Kong's richest man, Lin Baicheng. It stands to reason that with such bad news, Hutchison Whampoa's stock price should rise. It's right to fall.

The reality is that Hutchison Whampoa's stock price has not dropped significantly, which makes people think too much.

With a little analysis, we can come up with the following result: the short-selling power has weakened, there are large funds buying the bottom and going long, or there is unknown good news, so Hutchison Whampoa's stock price has not fallen much.

After this analysis, the mentality of stock investors suddenly changed. Hutchison Whampoa's stock price still has a lot of potential room for growth. At the very least, it will not fall too much. Even if you don't enter the market to buy the bottom and go long, there is no need to sell your stocks now. If the stock is sold, you can wait and see.

At the end of the morning session, when the statistical results came out, George Schwaiya left the main room and went to join Shen Zhou and others.

Due to an unexpected incident, an unknown amount of long-selling funds appeared. Everyone in the British capital contacted each other and decided to have lunch together in the afternoon and chat then.

At the same time, Haruko Mouri contacted the captain of the operation team at the Bank of East Asia to listen to the statistical report.

This morning, the operation team bought nearly 7 million shares in total. Nearly half of them were bought when the price was close to HK$70, more than 30% were bought below HK$68, and more than 10% were bought between HK$70 and HK$70. Bought from above.

In the morning, the operation team spent a total of nearly 470 million Hong Kong dollars. If British capital were not also buying, the amount that could be purchased would only be more.

This morning alone, Hutchison Whampoa's transaction volume reached nearly HK$2 billion, with a very high turnover rate.

Haruko Maori focused on Hutchison Whampoa's stock price and her own purchase quantity. She told the team leader to continue buying Hutchison Whampoa's stock. As long as the stock price is below 80 Hong Kong dollars, there is no limit to the purchase.

Of course, unlimited buying also requires a strategy. If you can buy at a low price, don’t buy at a high price. Otherwise, just place a large number of buy orders at the price of HK$80. Anyone can do it, and there is no need for a professional team to do it.

Lin Shufang soon learned about the morning's buying situation from Haruko Maori, but she was not so concerned about this matter now. She was more concerned about whether what a senior official of the Hong Kong government said was his personal meaning or whether it was the Hong Kong government or even Tang Ning. street attitude.

Compared with this matter, Hutchison Whampoa's stock price fluctuations are relatively unimportant.

Lin Shufang not only asked Qin Lan to help contact the Hong Kong Governor Mailiho and wanted to meet with him, but also went to the Xinhua News Agency to contact Lin Baicheng. Unfortunately, she could only contact Chen Huixiang and was unable to contact her for a while. To Lin Baicheng.

However, Lin Shufang still told Chen Huixiang what happened in Xiangjiang and asked Chen Huixiang to report after seeing Lin Baicheng.