Reborn in Hong Kong as a Tycoon

Chapter 170 Partner

After confirming the cooperation.

Iwasaki Mineryu said aloud: "Mr. Lin, can you tell me what kind of profitable business it is?"

"Of course!"

Lin Baicheng nodded and said: "First of all, let's start with my property Hutchison Whampoa in Xiangjiang. I got the control of this listed company a few months ago, and then used the company's funds to invest in gold futures. Just like the two of us Like the other cooperative companies, they were long at the beginning, then short, and now it can be said that they have made a lot of money.”

"Lin Jun's ability to judge is really good, but unfortunately I didn't listen to Lin Jun at the beginning, so we didn't make much money."

Iwasaki Mineryu gave Lin Baicheng a thumbs up, and then said in a puzzled way: "Lin Jun, since you know that the price of gold will be adjusted, why didn't you short those funds? Now, the investment of that part of the funds is at a loss. A lot."

"I am optimistic about the long-term trend of gold prices, and I am not 100% sure about the adjustment of gold prices, so I put a small amount of money into short positions, and I am ready to go long at any time."

Lin Baicheng explained a sentence, and then went on to talk about the business: "The investment with Hutchison Whampoa's funds is profitable, but only a few people know that I made more money later. Now some major shareholders of the company think that my investment is a loss. The money is gone, so we are selling the company’s stock and shorting Hutchison Whampoa at the same time. What we have to do is to buy the stock of Hutchison Whampoa at a lower price, and at the same time go long Hutchison Whampoa to blow up the short position.”

"Lin Jun, what is the total market value of your Hutchison Whampoa company? What is the profit earned from this investment?"

Iwasaki Mineryu asked aloud and explained: "If the company's market value is high, but the profit is not very large, it is not too good. Once the short side has strong funds, the major shareholders will continue to reduce their holdings and use some means , the stock price may still be suppressed.”

As long as the funds are strong enough and the benefits are not very large, the short side can completely ignore the benefits and continue to use the funds in their hands to suppress the stock price, causing the stock price to plummet. This is the power of capital.

"The current total market value of Hutchison Whampoa is more than 25 billion Hong Kong dollars."

With the selling of major shareholders, Hutchison Whampoa's stock price fell again, and the total market value decreased again.

"At the beginning, I used 1.5 million US dollars to go long on gold futures, using 5 times leverage, and earned about 3100 million US dollars, and then turned from long to short. After financing, I used 7.5 million US dollars to short, and the short price was 195.75 US dollars per ounce. Now the price of gold It has fallen to around $173 per ounce, a drop of nearly 12%, and a profit of about $8700 million."

"The two times add up to a profit of nearly 1.2 million US dollars. What's more, the price of gold is still falling. I haven't closed my position yet, and there is still some room for profit."

"For the time being, let's take a profit of 1.2 million U.S. dollars. After deducting handling fees, financing interest and taxes, there should still be a profit of 9000 million U.S. dollars. If this money is converted into Hong Kong dollars, it is about 3.8 billion Hong Kong dollars."

"A company with a total market capitalization of about 25 billion Hong Kong dollars suddenly made a profit of about 4 million Hong Kong dollars. Iwasaki-kun, do you think this is a big deal? Do you think the stock price of Hutchison Whampoa will rise? We Is there any chance of losing?"

"It's really a business that almost never loses money."

Iwasaki Mineryu laughed when he heard the words, he was already sure that he would definitely make money by doing more Hutchison Whampoa this time.

Lin Baicheng continued: "I personally hold 49.9% of the shares of Hutchison Whampoa. I will not sell a single share of these stocks. The number of stocks that other major shareholders can sell is limited, so as long as you prepare enough funds to take over the market, you don't have to worry about it at all. The share price has been depressed."

Iwasaki Mineryu said with a smile: "I am more relieved to hear Mr. Lin say that."

Lin Baicheng nodded: "Iwasaki-kun, it is inevitable that there will be a change. I hope that you will prepare the 2 million US dollars immediately. It is best to transfer it to Xiangjiang today, and start operating tomorrow."

"No problem, I'll do it right away."

Iwasaki Mineryu said immediately, this is a visible profit, it would be a pity if it flew away.

Lin Baicheng did not keep Iwasaki Mineryu, but watched Iwasaki Mineryu leave.

Lin Baicheng was not worried that Iwasaki Mineryu would abandon him and do it alone after knowing this. Without the cooperation of Lin Baicheng, a major shareholder, this kind of thing would not be possible at all.To give the simplest example, Lin Baicheng suddenly announced the truth to the public, and Iwasaki Mineryu didn’t even have time to open a position. A large amount of money will pour into the stock of Hutchison Whampoa immediately, and short-selling orders in the options market will also disappear immediately. not see.

Going outside to find Haruko Mouri, Lin Baicheng asked Haruko Moori to take him to the villa.When he left Japan last time, Lin Baicheng gave Haruko Mori a sum of money to buy him a villa in Tokyo, where Haruko Mori usually lived, but he would live in it when he came here.

When he arrived at the villa, Lin Baicheng asked Haruko Mori to give him a massage. The flight of more than ten hours was really tiring.

Under Mouri Haruko's massage, Lin Baicheng fell asleep.

After eight o'clock in the evening, Lin Baicheng woke up and learned from Haruko Mori that Mineryu Iwasaki called a few hours ago, saying that he had transferred 2 million US dollars of funds to Xiangjiang, and he himself went there first After arriving at Xiangjiang, just ask Lin Baicheng to contact him directly after returning to Xiangjiang.

Iwasaki Mineryu is of course positive about this kind of good thing that can make money, and what he used this time is not funds from Mitsubishi Bank, but funds temporarily borrowed from his father.Except for the repayment of the principal at that time, no interest will be charged on this money, and all the profits earned are also his own.

Lin Baicheng didn't say anything after learning about it. After the meal, he gave Haruko Mouri a gift brought back from the United States, wishing her a happy birthday in advance.

Haruko Mori's birthday is the day after tomorrow, and Lin Baicheng will go back to Xiangjiang early tomorrow morning, and he can't come to Xiangjiang in a short time, so he can only give Haruko Moori a birthday gift in advance.

Haruko Moori was very pleasantly surprised when she received the gift. She didn't expect Lin Baicheng to remember her birthday, and even bought her a special gift.

In fact, if it weren't for the fact that the price of gold had fallen to around US$173 per ounce, Lin Baicheng could have brought Haruko Mori to Xiangjiang.But the price of gold has fallen to this price. When the price of gold falls to 170 US dollars per ounce, Lin Baicheng will close all the short orders and turn them into long positions. His orders operate.

There is Isabella watching over the United States, and there are also traders arranged by Yum Securities in London. Lin Baicheng naturally has an explanation for these two places.

The next morning, Lin Baicheng took his bodyguards back to Xiangjiang.Because it was an early morning flight, it was less than nine o'clock when Lin Baicheng returned to Xiangjiang. Instead of going to the stock exchange, he went to Hutchison Whampoa.

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(End of this chapter)