Reborn in Hong Kong as a Tycoon

Chapter 188

Friday night, The Peninsula.

Hutchison Whampoa held a celebration party here, inviting business owners who have business dealings with Hutchison Whampoa, as well as people from relevant departments of the Hong Kong government who often deal with it.

Lin Baicheng also invited some people, but many of them just met a few times, so he can't guarantee whether the other party will come or not.

As the organizer, Lin Baicheng came to the Peninsula Hotel early and entertained the guests together with Wei Li and other management of Hutchison Whampoa.Many business owners or politicians who have business contacts with Hutchison Whampoa only met Lin Baicheng through Wei Li's introduction.

Don't look at Lin Baicheng's net worth of billions of Hong Kong dollars, but his lack of connections, but this is not a problem. With his rich fortune, of course, there are many people who want to know him. If you meet him a few times, everyone will gradually get to know him. built up.

Of course, Lin Baicheng didn't welcome and get acquainted with everyone. If he didn't reach a certain level, Xia Boyin, the management of Hutchison Whampoa, and others received him.

"Daban Huo, you are welcome."

Another acquaintance arrived, and Lin Baicheng greeted him.

Huo Yaohua and Lin Baicheng shook hands and said with a smile: "Lin Sheng, congratulations on becoming the new richest man in Xiangjiang."

"Daban Huo, you are making fun of me."

Lin Baicheng couldn't help showing a wry smile when he heard this. Yesterday, the stock price of Hutchison Whampoa broke through 30 Hong Kong dollars. This morning, some newspapers exaggerated reports that Lin Baicheng's wealth surpassed Bao Yugang and became the new richest man in Xiangjiang.

"Leaving aside the fact that Hutchison Whampoa's stock price is obviously inflated by hype, even at today's closing price of 33.6 Hong Kong dollars, my total wealth is less than 100 billion Hong Kong dollars. At the beginning of the year, Bao Sheng's wealth was at According to outside reports, it is only 70 billion Hong Kong dollars, but it is obviously because the Global Shipping Group is not listed, so it is very small. Once listed, Bao Sheng’s wealth will not be 100 billion Hong Kong dollars, even if it breaks through 200 billion Hong Kong dollars. There is no problem.”

"It's a pity that Baosheng is unwilling to list Global Shipping, otherwise his wealth will be unimaginable, but now is not the best time to go public. Since the oil crisis, the development of the shipping industry has obviously declined."

Huo Yaohua said aloud that the shipping industry is in decline, so going public at this time will definitely not have a high price-earnings ratio, and it will be difficult for the stock price to rise. It is obviously not worthwhile to go public at this time.

Lin Baicheng said with a smile: "The new richest man, just listen to it. If it is true, it will make people laugh."

"Lin Sheng can see clearly."

Huo Yaohua was a little surprised. He originally thought that Lin Baicheng was still young, and after being touted by the media as the richest man in Hong Kong, he would get lost in vanity, become proud and complacent, and defiant. He didn't want Lin Baicheng to see it thoroughly, and he was not affected at all.

"Who made this a fact?"

Lin Baicheng shrugged, he will become the richest man in Xiangjiang sooner or later, and he is the kind that can't be hidden, so it doesn't matter at all now.After his wealth reaches a certain level, no matter how much he hides it, the wealth on the surface must be a huge number, and the title of the richest man in Xiangjiang will fall on him sooner or later.

Huo Yaohua turned his head to look left and right, and after making sure that no one was coming, he whispered to Lin Baicheng: "Lin Sheng, you have long orders in gold futures at Standard Chartered, and the current loss has exceeded 10%, and the price of gold will fall further. , After you lose 20%, your $[-] million principal will be liquidated.”

"I know what Daban Huo means, don't worry, I know it well."

Lin Baicheng said with a smile that the price of gold has fallen below US$170/oz, and is now around US$167/oz. The cost of Lin Baicheng’s gold futures orders at Standard Chartered and Mitsubishi is around US$189/oz, a drop of nearly 12%. up.

However, despite losing so much, Lin Baicheng is not prepared to operate. Anyway, he insists on being bullish, buying more as the market falls, rather than flipping short or cutting meat.Before the price of gold falls below $160 per ounce, Lin Baicheng's principal is safe. Once it falls below, he will start to prepare funds and be ready to increase the margin at any time.

Fortunately, Lin Baicheng didn't use 10 times leverage, otherwise he would have prepared to increase the margin a long time ago. The reason why he only used 5 times leverage was that he was afraid of adjustments. .

Now, Lin Baicheng not only ignores the long orders, but the funds that have been realized before are now slowly buying more orders.Buying near the current price, Lin Baicheng is even less worried about liquidation.

"It's good that Lin Sheng has an idea."

Huo Yaohua nodded and didn't say any more, he just reminded him aloud.

Lin Baicheng chatted with Huo Yaohua for a while and then separated. When other guests with certain social status came, he would go with Wei Li and the others to meet each other and get to know each other.

After a while, Iwasaki Minelong arrived, and Lin Baicheng went to chat with him for a while until Bao Yugang arrived.

"Bao Sheng!"

Lin Baicheng went over to shake hands with Bao Yugang.

Bao Yugang smiled and said, "Lin Sheng. No, I should call you Lin's richest man now."

"Bao Sheng is making fun of me."

Lin Baicheng smiled helplessly, and continued: "But in order to give birth to you as the richest man in Lin, I have to make more money anyway, and strive to make my wealth surpass that of Baosheng, otherwise it will be in vain to give birth to you as the richest man in Lin." called."

"Lin Sheng, you have achieved what you are now at a young age, and I believe you will be able to truly achieve this soon."

Bao Yugang said seriously, now he does not dare to underestimate the young man in front of him who is less than twenty years old.A small number of people in Xiangjiang, including Bao Yugang, now know that Li Jiacheng and Feng Jinxi, together with Bob and Jardine's Niu Bijian, are shorting Hutchison Whampoa, while Lin Baicheng and Iwasaki Mineryu from Japan are longing Hutchison Whampoa. He made a lot of money in the futures market and the stock market, and made Li Jiacheng and others miserable.

Especially the Qi Dezun family, Jardine, and Bob, who originally held shares, sold their shares at the floor price, which is far from the current Hutchison Whampoa's share price of more than 30 Hong Kong dollars.

Although Lin Baicheng said that he kept his investment information secret to protect the safety of investment funds, this statement is true, but it is also a fact that he and others make a lot of money and make a lot of money. If there is nothing in it, no one will believe it.

With such means at such a young age, it has to be looked at highly.

"It's auspicious for you to be born as a contractor."

Lin Baicheng smiled. He wasn't talking big just now, but was confident. He was confident that his wealth would surpass Bao Yugang's in a few years.

Lin Baicheng chatted with Bao Yugang for a while, and after Shen Congee arrived, he finished chatting with Bao Yugang and went to Shen Congee's side.

(End of this chapter)