Reborn in Hong Kong as a Tycoon

Chapter 246 Hutchison's Market Value Breaks 200 Billion!
"Mr. Lin, the Maori assistant from Japan called just now, so you have time to contact her. She is at the Bailong Commercial Club."

Qin Lan reported to Lin Baicheng.

"Okay, I'll contact her now."

Lin Baicheng nodded. Since Haruko Mouri said so, it should be a more important matter.

On Lin Baicheng's desk, there is a landline specially used for international contacts. He picked it up and dialed Bailong Commercial Club.

"Chairman!"

After a while, the phone was picked up, and Haruko Mori's voice rang on the other end of the phone.

Lin Baicheng asked aloud: "Qingzi, you asked me to contact you, what's the matter?"

Haruko Mori said: "Chairman, Iwasaki-san contacted me just now, let me ask for you, Chairman, when will you have time to come to Tokyo?"

"Did he say what it was?"

Iwasaki Mineryu wanted to see him, but Lin Baicheng didn't believe that he was looking for him for a drink and a chat, it must be something serious.

Haruko Mori said her guess: "Although Iwasaki-san didn't say anything, but through the chat, I think it should be related to the investment in gold futures. He hopes that you can come to Tokyo in the near future, saying that he wants to treat you well."

"I think I probably know what he wanted me for."

After thinking about it for a while, Lin Baicheng knew that it should be related to gold futures investment. After using leverage, Bailong Commercial Co., Ltd. operated 2 million US dollars to do long gold futures. Iwasaki Mineryu owns almost half of the company's shares. If you say Iwasaki Mineryu doesn't care about the company's situation , Lin Baicheng didn't believe anything.

Iwasaki Mineryu knew that the price of gold had risen sharply, and Bailong Commercial Club's gold futures made a lot of money. Lin Baicheng didn't believe that Iwasaki Mineryu would not be tempted, so the other party definitely wanted to ask him about his thoughts.

Although Lin Baicheng has expressed his views on gold futures investment before, if Iwasaki Mineryu decides to invest, it will definitely not be a small amount. The other party obviously wants to listen to Lin Baicheng's judgment and be more cautious.

Looking at the calendar on the desk, Lin Baicheng said: "I will find time to go there recently, the exact time is not yet determined, I will contact you before I go." Today is Tuesday 8th, and the preliminary contest of Miss Asia is held in It will be held on Friday of the week, but it's just a preliminary competition. Lin Baicheng will go and see it if he has time, and forget it if he doesn't have time.

However, next Friday on the 18th will be the final of Miss Asia. If there is no sudden major event, Lin Baicheng will go to the final as one of the guests.

Haruko Mori replied: "Good chairman, I will reply to Iwasaki-san right away."

Lin Baicheng and Haruko Mori chatted on the phone for a while before ending the call.

"It's past twelve o'clock."

Looking at his watch, Lin Baicheng couldn't help raising his eyebrows.

After tidying up a little, Lin Baicheng left the office.

Outside Lin Baicheng's office, there is another small room. It used to be the office of Secretary Qin Lan, but now there is Chen Huixiang, and the two of them are still here at the moment.As the boss, Lin Baicheng hadn't left work yet, so it was impossible for them to leave first as secretaries, that would be too incompetent.

"After get off work, you all go to lunch."

Lin Baicheng said to the two women, and when he was about to go out, he suddenly remembered, turned to Qin Lan and said, "What is the closing price of the company's stock price in the morning?"

"48.56 Hong Kong dollars, the highest price reached 50.37 Hong Kong dollars."

Qin Lan immediately replied that as a secretary, of course, she must prepare in advance for these questions that might be asked.It's one thing for the leader not to ask, but it's another thing if he asks the secretary and doesn't know.

"With a market value of about 200 billion Hong Kong dollars, it seems that speculation is fierce!"

Regardless of the fact that Hutchison Whampoa made more than one billion Hong Kong dollars from this investment, you must know that when Hutchison Whampoa was acquired by Lin Baicheng, the market value was less than 30 billion Hong Kong dollars, and it more than six times increased in less than a year.

Looking at the market value of a company mainly depends on the company's revenue and profits. After all, investment income is unstable, and it is not possible to earn so much every year, and there is even the possibility of investment losses.

Although the business of Hutchison Whampoa itself has improved, it has not turned upside down. About 50 billion Hong Kong dollars is the normal market value of Hutchison Whampoa.

Such a high market value now is due to the huge investment income, and the hype is very high.Once there is negative news about Hutchison Whampoa, it will inevitably cause the stock price to plummet and return to value.

However, based on the fundamentals of Hutchison Whampoa, it is absolutely no problem to support the market value of 30 Hong Kong dollars now, and there is even room for further speculation.

The reason why he said this is that Lin Baicheng will not reduce his holdings of Hutchison Whampoa's stocks. If HSBC, which holds 15% of the shares, does not reduce its holdings, there will not be many stocks circulating in the market.

There are huge benefits, and there are not many stocks in circulation on the market, which will lead to a situation of less votes and more money. If there is a relatively large amount of funds to speculate a little bit, the stock price can of course be speculated even higher.

However, Lin Baicheng doesn't care about how the stock price in the secondary market is hyped. At most, he will issue a "risk warning" announcement when the stock price is at a fairly high level. How the stockholders choose is their own business.

The market is still very optimistic about the stock price of Hutchison Whampoa. The stock price of Hutchison Whampoa did not adjust or fall that afternoon, but continued to rise. It ran above the price of 50 Hong Kong dollars throughout the afternoon. The closing price of the day was 53.28 Hong Kong dollars. The company's total market value 213 billion Hong Kong dollars.

On this day alone, the stock price of Hutchison Whampoa rose by more than 100%, reaching as much as 137.2%.

In fact, although the stock price of Hutchison Whampoa has risen a lot today, the trading volume is not that huge, because there are not many transactions before the price of the stock price exceeds 40 Hong Kong dollars, and the volume of transactions begins after the price exceeds 40 Hong Kong dollars.

In the stock market, sky-high prices are actually a very dangerous signal, because it shows that big funds are running away, so there will be sky-high turnover.

A small increase in volume like Hutchison Whampoa is either driven by a small amount of funds, or investors are unwilling to sell stocks, and Hutchison Whampoa is obviously the latter, which means that the current stock price will definitely not be recent highs.

The soaring stock price of Hutchison Whampoa today has a great impact on Lin Baicheng, because his net worth has reached tens of billions of Hong Kong dollars in the eyes of the outside world.He holds 49.9% of the shares of Hutchison Whampoa, so he is worth over [-] billion Hong Kong dollars.

Although this is wealth on paper, Hutchison Whampoa is a listed company, and its shares can be converted into cash from the secondary market, so it has a very high value.

Unlike those companies that have not yet been listed, no matter how high the valuation is, there is no way to cash out the shares into cash if they are not listed. That is the real paper wealth, which cannot be counted.

Lin Baicheng's net worth exceeded tens of billions of Hong Kong dollars, how could such a news media let it go, so as soon as the stock market closed, various newspapers immediately published relevant news.Either it is related to the skyrocketing stock price of Hutchison Whampoa, or it is related to Lin Baicheng's net worth exceeding tens of billions of Hong Kong dollars.

(End of this chapter)