Reborn in Hong Kong as a Tycoon

Chapter 165 In Action

The time in Los Angeles is 15 hours ahead of Xiangjiang.

Therefore, when the price of gold fell to US$4 per ounce on the morning of April 7, Los Angeles time, it was already late at night in Xiangjiang. It fell below this price.

After breakfast, Li Jia immediately contacted Feng Jinxi, and the two met for a talk.

Li Jiacheng said: "Brother Feng, the futures buying price of Hutchison Whampoa is 188 US dollars / ounce, and now the price of gold has fallen below 175 US dollars / ounce, a drop of about 7%. Hutchison Whampoa uses 5 times leverage, and it is also That is to say, it lost 35% of the principal, about 2.2 million Hong Kong dollars."

"I'm almost losing one-tenth of Hutchison Whampoa's market value, it can be done!"

Feng Jinxi said in a deep voice, a decision has been made.

Li Jiacheng said: "The current gold price may not be the lowest price yet, but we must prevent the gold price from rebounding, so we can't wait any longer."

"Brother Li is right, don't miss this opportunity."

Feng Jinxi nodded in agreement, then looked at Li Jiacheng solemnly and said, "Brother Li, the most important thing now is, are you sure that Hutchison Whampoa is long gold futures, not short gold futures? If Hutchison Whampoa is short, then Hutchison Whampoa's investment this time has actually made money, and we are shorting Hutchison Whampoa's stock, which is completely courting death."

Li Jiacheng assured: "Brother Feng, don't worry about this, I will also go short together, so I will definitely not lie to you, Brother Feng."

"What I'm worried about is not this, but I'm worried that you made a mistake in your investigation, Brother Li."

Feng Jinxi shook his head. To short Hutchison Whampoa, the investment would cost at least tens of millions of Hong Kong dollars, or even more, so he had to be cautious.

"Brother Feng, don't worry, I have also considered this aspect."

Li Jiacheng said with a smile: "The amount of money to be invested in short selling this time is not small, so I have to be careful, so I am going to ask someone to contact several major shareholders of Hutchison Whampoa, and let the major shareholders inquire about Hutchison Whampoa's gold. Futures investment behavior, if there is a commotion, it will be clear at a glance whether the investment in gold futures is long or short."

"What's more, if possible, I would like to join hands with the major shareholders of Hutchison Whampoa to sell short. They have a certain amount of shares in their hands. After we sell short, they will suddenly sell a large number of shares, which will inevitably aggravate the panic in the market and let the stock price Big drop."

"If Hutchison Whampoa is really long gold futures, those major shareholders will definitely want to get off the ship early, and even take the opportunity to make a fortune. Wonderful, this is a good idea."

Feng Jinxi clapped his hands and praised. As for saying that this is an act of cooperating with British capital, it is nothing at all.As long as it can make money, it is not cooperation with anyone, he believes that those British shareholders of Hutchison Whampoa think the same way.

Li Jiacheng was also quite proud, but he didn't show it. Instead, he said with emotion: "Hutchison Whampoa used the financing channel from HSBC this time. It's a pity that the funds are not small. HSBC will definitely not disclose relevant information. This is related to HSBC. Otherwise, it would be easy if we could get news from HSBC.”

"With a principal of 1.5 million US dollars and a financing leverage of 5 times, only a few senior executives of HSBC must know the details of the transaction. HSBC will definitely not allow this kind of news to spread, which will affect the reputation of HSBC, so don't even think about asking about it from HSBC. news."

Feng Jinxi shook his head when he heard this, not to mention that their relationship with HSBC is not so close, even if it is replaced by Bao Yugang who has a close relationship with HSBC, it would be good to get a few ambiguous answers when asking about this kind of information, don't even think about the details Know.

For a bank, reputation is the most important thing, especially for a giant like HSBC, unless its reputation can be exchanged for extremely high profits, HSBC will not let its reputation be damaged.

Li Jiacheng said: "Today is Saturday, I can't do anything, just in time to contact the major shareholders of Hutchison Whampoa."

“It just so happens that raising money also takes time.”

Feng Jinxi's net worth has not yet reached the level where he can take out tens of millions of Hong Kong dollars at will, and he still has to consider how much money to take out for shorting this time, and how to minimize the risk.

"Then I'll go to work first, Brother Feng, just wait for my news."

Li Jiacheng was the most active in this matter, not only because he could make a lot of money by short selling, but also because suppressing the stock price through short selling could hit Hutchison Whampoa, a fatal blow to Lin Baicheng, the major shareholder of Hutchison Whampoa.

Although no matter how the stock price of Hutchison Whampoa falls, it will not affect Lin Baicheng's control over Hutchison Whampoa, but as the stock price of Hutchison Whampoa falls, it will inevitably affect the development of Hutchison Whampoa, not to mention that in his opinion, this This time, Hutchison Whampoa's gold futures investment suffered a major loss.

Li Jiacheng first contacted Niu Bijian of Jardine Matheson. He wanted to persuade Niu Bijian to see if Niu Bijian could find out the specific investment details of Hutchison Whampoa from HSBC through the relationship between Jardine Matheson and HSBC.What's more, Jardine Matheson is one of the original four major foreign firms, a large group in Xiangjiang. If Jardine Matheson sells stocks and is not optimistic about Hutchison Whampoa, it will definitely have a major impact on the judgment of shareholders and make more people sell stock.

Niu Bijian originally did not know the specific investment situation of Hutchison Whampoa. After all, Jardines only has a 3% stake in Hutchison Whampoa. Recently, because Wharf was being targeted by Bao Yugang, he was very busy. How could he manage Hutchison Whampoa? How about Whampoa, so after Li Jiacheng explained his purpose of coming, he asked the director of Jardine Heji Whampoa stationed in Hutchison Whampoa before he knew about it.

After learning that Hutchison Whampoa's gold futures investment was long, Niu Bijian immediately agreed to cooperate with Li Jiacheng, but he had one condition, that is, Jardine must be the first to sell the stocks in his hand.In return, he can help to contact the other two major shareholders to launch an attack on the board of directors, test the specific situation, and at the same time, if necessary, announce to the outside world that he is not optimistic about Hutchison Whampoa, and dissatisfied with Chairman Lin Baicheng, etc.

Li Jiacheng agreed to Niu Bijian's conditions, and with Jardine's help, things would go much smoother.

Niu Bijian will also help to contact the Qi Dezun family and Bob, the two major shareholders of Hutchison Whampoa, and unite them to short-sell, or at least let them sell their stocks, causing the stock price of Hutchison Whampoa to plummet.

Although in this way, there is no way to do short selling from the secondary stock market, because there are too many stocks to sell, and it is too late to sell short, but you can go short through warrants and buy put warrants. How much money has taken over their put warrants.

If there are put warrants, there will naturally be call warrants. This is the opponent's order. If you don't have too much money to take over the order, you can't go short.

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(End of this chapter)