Reborn in Hong Kong as a Tycoon

Chapter 179 Wait and see
Friday night.

Peninsula Hotel, in the luxury suite where Mine Iwasaki stayed.

After Lin Baicheng and Iwasaki Mineryu had dinner together, it was better to count the number of their purchases and how to operate in the future.

Iwasaki Mineryu first said: "In terms of options, we received an order of 6 million Hong Kong dollars at an exercise price of 2.2 Hong Kong dollars, and most of the remaining orders were released after the stock price plummeted, but the amount was not 2.2 million Hong Kong dollars. There are so many Hong Kong dollars, only 1.4 million Hong Kong dollars, and the average exercise price is 4.2 Hong Kong dollars. That is to say, in terms of options, we have received a total of 3.6 million Hong Kong dollars in orders.”

"In terms of stocks, because I bought it earlier, but generally speaking, I bought more and more as I fell. Now I bought a total of 4800 million shares at a cost price of 4.1 Hong Kong dollars. I spent a total of nearly 2 million Hong Kong dollars, accounting for 12% of the company's total share capital. , it can be said that there are already many."

"It is indeed a lot."

Lin Baicheng nodded in agreement, and then said: "The Hutchison Whampoa repurchased funds were bought later, so the number of stocks bought is not as many as you, but the same cost price will be relatively lower. I will get it shortly after the stock market closes. According to the report, Hutchison Whampoa repurchased a total of 2300 million shares at a cost price of 3.56 Hong Kong dollars, and spent a total of nearly 8200 million Hong Kong dollars, and now only about 1800 million Hong Kong dollars are left to repurchase funds.”

In fact, what Lin Baicheng did not say is that he asked Cheng Yufeng to transfer 2650 million Hong Kong dollars from various companies. Today, he almost completed all the purchases. He bought a total of 3.54 million shares at a cost price of 9400 Hong Kong dollars, and spent nearly 600 million. Hong Kong dollars, there are only more than [-] million Hong Kong dollars left to buy.

Iwasaki Mineryu said: "The repurchase of Hutchison Whampoa is about to be completed, and it is less than 2000 million Hong Kong dollars. With the current transaction volume of Hutchison Whampoa, it will not take long to buy it."

Nodding, Lin Baicheng said: "Iwasaki-kun, although the 8.4 million Hong Kong dollars you brought cost less than 6 million Hong Kong dollars, I think it is almost the same. We will buy some more on Monday and announce the investment truth to the public on Monday night. The funds are just used to boost the stock price, in case the short side does not give up and continues to suppress the stock price.”

"Just do as you say, Mr. Lin."

Iwasaki Mineryu nodded and did not object. He smiled and said: "I believe that the short side will not be so stupid. If they suppress the stock price when there are big profits, it is completely against their own money. As long as they have If you are sane enough, you should admit defeat and hedge to save yourself some losses.”

"Iwasaki-kun is right."

Lin Baicheng nodded in agreement. Under normal circumstances, it should be like this. If you admit defeat, you will be beaten. If you refuse to admit defeat, you will only lose more.

Iwasaki Mineryu asked aloud: "Mr. Lin, how high do you think it is appropriate for us to raise the stock price?"

Lin Baicheng said a number: "At least 15 Hong Kong dollars, Iwasaki-kun, what do you think?"

"Lin Jun, you are too conservative."

Iwasaki Mineryu couldn't help shaking his head when he heard this, he said: "After I came here, I had someone investigate Hutchison Whampoa's operating conditions in the past few years. I didn't talk about the previous reorganization. Let's talk about last year. The company's profit It’s more than 5 million Hong Kong dollars. The company’s operating profit this year will definitely be more than last year, at least not bad, plus the profit of at least [-] million Hong Kong dollars here, enough for the company to earn for three or four years. It has risen two or three times on the basis before the sharp drop."

Lin Baicheng listened and said: "Of course it can increase so much. I said that 15 Hong Kong dollars is a guarantee. It is best to support it at this price. If it is not possible, we must support it at 12 Hong Kong dollars. Our profit should not be too low."

"Lin Jun, I don't think the price you mentioned is a problem at all."

Although Iwasaki Mineryu is not a professional, he has a professional to help him analyze it, so he said: "Now the stock price has plummeted due to wrong negative news. After the truth is announced, how hard it is now, and it will rebound later. The retaliatory market is as high as it is. Let alone 15 Hong Kong dollars, I think 20 Hong Kong dollars or even higher is possible.”

"Iwasaki-kun, don't forget one thing."

Lin Baicheng couldn't help shaking his head when he heard the words: "Hutchison Whampoa has a total share capital of 4 million shares. If the stock price rises above 20 Hong Kong dollars, then the market value is equivalent to a sprint to tens of billions of Hong Kong dollars. You know, before the negative news appears, The total market capitalization of Hutchison Whampoa is just over 26 billion Hong Kong dollars, and the upward pressure will increase, and the highest price can reach 20 Hong Kong dollars, which is quite good, and I want to go even higher.”

"Lin Jun, let us wait and see."

Iwasaki Mineryu smiled. After all, he works for Mitsubishi Bank and is also in finance. He knows very well the mentality of people who speculate in stocks.When many people see Hutchison Whampoa's stock price soaring, they may hesitate at first, but as the stock price continues to rise, reason will gradually disappear, emotions will become dominant, and then the stock price will continue to rise driven by emotions.

Of course, once this kind of stock price trend crashes, how crazy the rise will be, and how crazy the fall will be, and it will even take a long time to digest the previous roller coaster market, because too many people's funds are trapped in high positions I can't get out.

For stocks with this kind of trend, if the company's performance is not very good, or there is no big profit, then a lot of funds will be trapped and unable to get away.Every time the stock price reaches near the previous high, it will encounter great pressure, and then be suppressed, and so on.

Iwasaki Mineryu doesn't care about how the Hutchison Whampoa stock will go in the next six months, a year or even longer. He only needs this stock to rise sharply within a short period of one month, so that he has enough profit.

"Okay, wait and see!"

Lin Baicheng nodded with a smile. The higher the stock price rises, the greater the benefit to him.Although he said that he would not reduce his stake in Hutchison Whampoa, first of all, the higher the stock price rises, the more he will earn this time. Secondly, the higher the stock price, the easier it will be for Hutchison Whampoa in terms of financing, and there will be many benefits.

After leaving the Peninsula Hotel, Lin Baicheng returned to his villa in Repulse Bay.

After returning home, Lin Baicheng called Shen Congee, and talked with Shen Congee about working together to raise the stock price.

After negotiation, Shen Porridge agreed that everyone would work together to raise the stock price above HK$15.In this way, when the stock price is lower than 15 Hong Kong dollars, everyone tacitly agrees not to ship in large quantities.

Otherwise, if there is no certain tacit understanding, each will do its own thing, and run together after the stock price rises to a certain level, it will inevitably lead to an immediate drop in the stock price, which is not good for everyone.

Everyone agrees not to sell a lot at a certain price, so that the upward trend will not collapse, and they can sell stocks according to their own judgments to make more profits.

　(Thanks to 'I am Jin Ershun' for the 1500 point reward and support!)

　　
　
(End of this chapter)