Reborn in Hong Kong as a Tycoon

Chapter 168
"Assistant Cheng, President Wei Li, after the board meeting, I'll go back to Galaxy Games first."

Lin Shufang only participated in the board meeting on her behalf, and she didn't know anything else, so as soon as the board meeting was over, she said goodbye and was about to leave.

"Manager Lin, go slowly!" "I'll see you off!"

Wei Li and Cheng Yufeng sent Lin Shufang out of the meeting room.

After that, Wei Li asked Xia Boyin and Wei Peter to go out to work first.

Only Cheng Yufeng and Wei Li were left in the conference room.

Tapping the table lightly with his fingers, Cheng Yufeng asked aloud, "President Wei Li, what do you think of what happened just now?"

Wei Li said his opinion: "Bob and the other directors obviously made an agreement, and they also bought Richard Richard and Chen Xinghan in advance, so that they came out and turned back."

Cheng Yufeng nodded in agreement, and said: "Looking at their appearance, I really want to know whether the company's gold futures investment is profitable or losing. I can probably guess what they want to do. It's nothing more than thinking that the investment is losing money, so I want to Sell ​​your stocks as soon as possible."

"not only that."

Wei Li pondered and said: "If that's the case, they can sell their stocks secretly, and they don't need to sell them just now. So, I guess they may still want to go short and make a fortune by shorting, so it is urgent I want to know whether the company’s gold futures investment has been long or not, and whether it has lost money.”

"President Wei Li, what you said makes sense."

After thinking about it, Cheng Yufeng couldn't help but nodded in agreement.

Wei Li said: "On the company side, we are the only two people who know that the gold futures investment has changed from long to short. If President Cheng doesn't want this to be known by Director Bob and the others, it is best to contact HSBC and let HSBC Keep secrets. Although HSBC should keep secrets for the sake of the bank's reputation, everything happens in case."

Cheng Yufeng nodded and said, "It's late at night in Los Angeles. I'll contact HSBC in a while. I'll contact Mr. Lin in the evening and report to Mr. Lin."

"correct."

Cheng Yufeng, who was packing up the documents and was about to leave, suddenly remembered: "About Li Chaxin and Chen Xinghan, they are the vice presidents of the company, but what they have done is equivalent to betraying Mr. Lin. Mr. Lin will definitely not They will stay in Hutchison Whampoa more, so President Wei Li has to keep an eye on them during this period, so as not to let them harm the interests of the company."

"Don't worry, Mr. Cheng, I will watch."

Wei Li nodded to express his understanding, and said, "Although they should have been bribed to do that, they are not stupid. They definitely dare not do things that harm the company's interests. Otherwise, the company will sue them."

Cheng Yufeng nodded when he heard the words, and he knew this, but just in case, he asked Wei Li to keep an eye on the two of them.

After leaving the meeting room, Cheng Yufeng immediately contacted HSBC executive Shen Congee, and asked Shen Congee to help keep the specific investment details of Hutchison Whampoa confidential. Shen Congee naturally agreed and promised that the news would not be leaked from HSBC.

After that, Cheng Yufeng contacted Yuan Tianfan again and asked Yuan Tianfan to keep the secret.In the end, Cheng Yufeng contacted Yum Securities and asked Anyuan to tell several traders involved in the operation to keep it secret and not let the news leak out.

After guessing that Bob and others would short Hutchison Whampoa, Cheng Yufeng then looked at the stock market and found that although the stock price of Hutchison Whampoa did not fall too much today, it was still falling, and the trading volume was increasing. Increased shipments.

In addition, Cheng Yufeng also found that Hutchison Whampoa's options market has a large trading volume, and a large number of put warrants with an exercise price of HK$6 per share are listed in the market, and there will be some transactions from time to time.

Cheng Yufeng kept collecting information, because he will contact Los Angeles tonight to report to Lin Baicheng what happened today.

at the same time.

Li Jiacheng, Feng Jinxi, Niu Bijian and Bob got together.

After the board of directors’ attack not long ago, they believed that Hutchison Whampoa’s futures investment should be long. This point has been confirmed by Frost, who was in charge of buying at the beginning, but this time the board’s test has further confirmed this point. That's all.

Previously, the four had pooled 4000 million Hong Kong dollars in funds, namely Li Jiacheng 6000 million Hong Kong dollars, Feng Jinxi 6000 million Hong Kong dollars, Niu Bijian’s representative Jardine 4000 million Hong Kong dollars, and Bob [-] million Hong Kong dollars. [-] million Hong Kong dollars in put warrants, and now they are more confident in shorting, so they decided to increase their position.

After discussion, the four decided that as long as the price of gold did not stop falling and rebound, they would not announce negative information about Hutchison Whampoa for the time being, and let several major shareholders secretly sell their stocks while continuing to short in the options market. The amount is 4 million Hong Kong dollars, and the capital contribution will be distributed according to the same proportion as before.

Although the current options market has only traded less than 4 million Hong Kong dollars, as long as a lower exercise price is offered in the future, there will be more room for safe declines, and more funds will definitely take over, so they are not worried about the total [-] million Hong Kong dollars will not be spent.

After the short-selling funds of 4 million Hong Kong dollars from the cooperation of the four parties are spent, it is up to the individual to decide whether to short-sell any more.

The reason why the Qi Dezun family did not participate in this short sale is because the Qi Dezun family owns a large number of Hutchison Whampoa stocks and mainly sells stocks. The four of them, Li Jiacheng, are not going to let the Qi Dezun family share the benefits in the options market.

Since Lin Baicheng took over Hutchison Whampoa, the Qi Dezun family, who is not going to spend a lot of money to regain control, has actually begun to slowly sell their stocks. A large number of stocks bought by Lin Baicheng and HSBC from the stock market are The shares sold by the Qi Dezun family.

Even so, Qi Dezun's family currently owns more than 10% of the stocks, so it is almost impossible to sell them all in the short term, so they can sell as much as they can in the past few days, and sell them quickly while the stock price is still high. Stocks in hand.

The securities market in Xiangjiang is not so regulated in this era. If you use multiple accounts to buy a company’s stocks, as long as you don’t get caught, you can buy 20% or even 30% of the stocks secretly. It’s not a violation at all.

Major shareholders like Qi Dezun's family sold their stocks to reduce their holdings, and they didn't issue an announcement at all. As long as they have some relationship with the Xiangjiang Securities Regulatory Commission, they will not be held accountable at all.

It is precisely because the securities supervision in this era is not in place, people like Lin Baicheng who want to buy other companies can buy a large number of stocks at a relatively low price more smoothly, and major shareholders like the Qi Dezun family can also smoothly Sell ​​your stocks when the stock price is high.

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(End of this chapter)