Reborn in Hong Kong as a Tycoon

Chapter 242 Return of Profit
The next morning, Lin Baicheng went to Hutchison Whampoa earlier than before.

Lin Baicheng first called his secretary Qin Lan into the office.

"You didn't contact me later, which means that the price of gold hasn't changed much. What is the price of gold now?"

"Not long ago, I contacted Miss Isabella in the United States. At that time, the price of gold was 190.65 US dollars per ounce."

Qin Lan had long thought that her boss would ask this question, so she was prepared. After answering, she said, "It's early morning in London and night in New York. Although gold futures trading is still going on, the trading volume It is much less daytime than the two places, so it is not surprising that the price of gold will not fluctuate too much for the time being.”

The reason why we say New York instead of Los Angeles is because New York is the financial center of the United States, and the famous Wall Street is in Manhattan, New York.

Gold futures are traded even at night, but now the main trading capital is the capital of Western countries, and the trading is centered in London and New York, so only in these two places during the day will there be greater transaction volume.

In the evening, unless there is breaking news, or there are long or short positions wanting to attack suddenly, the trading volume during the night is usually not too large, and the real-time price fluctuation of gold price will not be too large.

It will be different if it is changed to decades later, because it is the Internet age, and the gold trading market there will reach more than a trillion levels, so there may be huge transactions in every time period around the clock volume, resulting in large price fluctuations.Therefore, if you buy gold futures at that time, you must arrange someone to watch it 24 hours a day, because no one knows at what time the price of gold will fluctuate suddenly.

Lin Baicheng nodded when he heard the words, and said, "Go and see if Wei Li has come to work in the company. If he has already come, let him come over."

"President Wei Li has arrived, I'll invite him over right now."

Qin Lan answered first, then walked out of the office.

After a while, Wei Li came to Lin Baicheng's office.

"Boss Lin!"

"Wei Li, you are here, sit down!"

Lin Baicheng signaled Wei Li to sit down, and then said, "I've asked you to come here this time, because I want to talk to you about the company's gold futures investment."

"I just did the math. At the beginning, our company's investment capital was 1.5 million U.S. dollars, and later it earned 1.25 million U.S. dollars. The total principal became 2.75 million U.S. dollars. After that, I raised another 7.5 million U.S. dollars from HSBC, which is equivalent to buying I invested $15 billion in gold futures. I just did the math. Based on the current gold price of about $190, I have made a profit of about $2.5 million this time. This is still the profit at the current gold price of about $190. If If the price of gold breaks through the $200 level, there will only be more profits.”

"At least 4 million US dollars in profit, I just think about it, it's a pity to just put it in the account like this, should I sell it after the gold price reaches a certain price, settle the profit, and get the profit back To develop other businesses of the company, what do you think?"

"Even if you don't say it, Mr. Lin, I was going to propose it to you years ago. I didn't expect Mr. Lin to think of this now."

Wei Li immediately said that his attitude was obviously supportive. He said: "Although the company's current funds are sufficient, if there are more funds, we can develop more businesses. Take the real estate industry as an example, we can definitely do more. Develop several land plots and develop them into shopping malls, residential areas, villas, office buildings, etc.”

"Since you think so too, then it's decided."

Lin Baicheng immediately said: "After getting back the profits from the investment, I will first pay off the debts I had before buying the company, and then use most of the funds to develop other businesses such as the retail industry. The funds needed for the development of the real estate industry will be transferred to the bank. Let’s raise money. When profits return, the company’s market value will inevitably skyrocket. At that time, the company’s market value will definitely exceed tens of billions of Hong Kong dollars, and its financing ability will not be comparable to before.”

Wei Li did not object to Lin Baicheng's arrangement, because there was nothing wrong with Lin Baicheng's arrangement.

Wei Li said aloud: "Mr. Lin, we need to grasp the timing of the gold price. After all, a 1% fluctuation is 1500 million US dollars. If we sell it lower by three or five points, we will lose a lot."

"I have also considered this point, so I asked Qin Lan to notify the people from Yum Securities to come over, and at the same time, I called Director Yuan Tianfan and the company's own investment department to discuss together, and it is best to judge at which price the gold price is more likely to be blocked. Big, we’ll just sell it around that price.”

Lin Baicheng strongly agreed upon hearing the words. Although the judgments of Yuan Tianfan and others may not be correct, they are still more accurate than making random decisions by himself.Lin Baicheng only knows the long-term trend of gold price, but he doesn't know how it fluctuates in the middle.

"Boss Lin, as long as you have arrangements."

Hearing this, Wei Li felt relieved, this kind of professional matter must be judged by professionals.

"There is one more thing I want to ask for your opinion."

After thinking about it, Lin Baicheng said aloud: "The price of gold has soared, and the company's investment has made a lot of money. This matter must not be hidden from HSBC, and even other institutions may not be able to hide it. After all, they know that the company is investing in gold futures, and they will definitely inquire about it. Specific investment details, so that you can profit from it. Therefore, if the price of gold rises sharply, the company's stock price will also rise sharply. I want to announce this news before the stock market opens. What do you think?"

Wei Li nodded: "Last time, because the company did not disclose the news in the first place, many shareholders who originally held shares not only failed to make money, but sold at a loss, resulting in many shareholders giving us a bad opinion, so this kind of thing It should not happen again, so as not to affect the company's future debt financing in the secondary market."

Lin Baicheng immediately said: "I think so too. Since you agree, then you can hold a press conference and release relevant announcements."

Wei Li asked, "Boss Lin, should we announce to the public that we are going to withdraw our profits?"

"I don't want it for now. Isn't this announcement the same as telling the outside world that we are going to sell 15 billion US dollars of long-term gold futures. It would be bad if it affects the trend of gold prices. You only need to say that the company has made a lot of money from investment, and how much profit is expected , the specific profit will follow the trend of gold price, let the market guess by itself.”

Lin Baicheng shook his head. Although he felt that even if he wanted to sell the gold futures to go long, it would not affect the gold price trend, but after all, it was a long order of 15 billion US dollars, so it would be bad if it affected.Besides, if you can sell it secretly, why not sell it secretly? It is also good to sell one or two points more. After all, a fluctuation of 1% is 1500 million US dollars.

"It's me who didn't think well."

Wei Li admitted his mistake aloud, he really didn't think of this just now.

After Lin Baicheng had no other orders, Wei Li left and left. After returning to the office, he asked the secretary to arrange a press conference.

　[Chapter 197, about Hutchison’s gold futures investment, the principal was 1.5 million US dollars at the beginning, and after earning 1.25 million, the total principal became 2.75 million instead of 2.25 million. I undercounted 5000 million, and recorded the principal as one million dollars.Therefore, if the principal is 2.75 million, the operating funds will not be 10 billion US dollars, but 15 billion, and then 7.5 million will be raised instead of 2.5 million.After all, the principal is 2.75 million, and the operation is 15 billion, which is only a little more than 5 times the leverage]

　　
　　
　
(End of this chapter)