Reborn in Hong Kong as a Tycoon

Chapter 256 The Necessity of Diversified Investment

"I choose 10 shares of company stock."

Wei Li said aloud that he had already thought about this.

The stock price of Hutchison Whampoa is now close to 60 Hong Kong dollars, and 10 shares are equivalent to nearly 600 million Hong Kong dollars, which is more than 500 million Hong Kong dollars. It may fall below 50 Hong Kong dollars, and then 10 shares will be less than 500 million Hong Kong dollars.

Wei Li chose the stock because he has no intention of leaving Hutchison Whampoa for the time being, and he believes that the company's stock price will increase to above HK$50 in a few years, and he plans to hold the stock for a long time after he gets it.

"Well, the 10 shares will be given to you along with equity incentives."

Lin Baicheng nodded when he heard the words. Wei Li is the president of the company. It is of course best to be able to hold the stock, because the better the company develops and the higher the stock price, the higher the value of the stock Wei Li holds.In this way, Wei Li will naturally not harm the interests of the company, but will safeguard the interests of the company, because safeguarding the interests of the company is equal to safeguarding his own interests.

Peter Wei proposed at this time: "Boss Lin, this time the company made a profit of 18 billion Hong Kong dollars. This is a huge profit. I think it is necessary to hold a grand celebration dinner and invite people from all walks of life in Hong Kong to participate."

After hearing this, Wei Li said, "Boss Lin, I am also planning to propose to you to hold a celebration banquet."

"Since you feel that it is necessary to hold a celebration banquet, then arrange it."

Lin Baicheng didn't object when he heard the words, and continued: "However, the celebration banquet cannot be held on Friday. That day is the final of Miss Asia, and Asia TV will hold a related party that night. I will go to attend then." Therefore, time to stagger.

Wei Li immediately said: "Then let's set it on Saturday night. On weekends, people from all walks of life have more free time to participate."

Lin Baicheng nodded: "Then it will be Saturday."

After Wei Li and others went out, Lin Baicheng meditated in the office.

Lin Baicheng is considering whether to sell the long gold futures with a principal of 2 million US dollars. The profit of no less than 5 million US dollars is already quite a lot.Furthermore, although financial investment is more profitable, industry is more important, especially technology in display screens, memory, chips, and so on.

"Let's wait a little longer, anyway, as long as the settlement is made before the year before."

The high profit of gold futures investment made Lin Bai honestly unable to make up his mind to end the investment, and the reason why he decided to settle the investment a year ago was because the price of gold had not risen very rapidly and the profit did not exceed 10 Billion dollars, not too much.

If when the gold price peaked, Lin Baicheng leveraged 2 million US dollars to leverage 20 billion US dollars for leveraged investment, and the profit would be three or four times, or a profit of 70 billion US dollars.With so much profit, with Lin Baicheng's current investment method, he is still worried that Goldman Sachs or the White House will find an excuse to swallow his profit.

Don't think this is impossible, it's the late 70's and billions of dollars is a lot of money, enough for some people to reach out.And the funds are in the United States, if the other party swallows the money, Lin Baicheng has nothing to do, even after this happened, he dared not go to the United States, because he was afraid that his life would be in danger.

If the US$67 billion is exchanged for about one billion US dollars, it will be different. Although this amount of money is not small, it is not worth the White House’s efforts, because such a thing will definitely affect the flow of capital. Other countries Funds in the United States will definitely worry about the safety of their own funds, so a billion dollars is not worth fighting.

It is precisely because of similar concerns that Lin Baicheng's gold futures investment is separated through different banks for leveraged investment.Financing through Goldman Sachs is investing in the United States; financing through HSBC and Standard Chartered is investing in the UK; financing through Mitsubishi Bank is investing in Japan.

Spreading out means spreading out the risks.

Although it is a bit troublesome to do so, if nothing happens, Lin Baicheng will be troubled at most, and there is no other loss.If you put the funds in a bank or a country, if something happens, it will be taken over by the pot.

At around five o'clock in the afternoon, Hutchison Whampoa issued three announcements in succession.First, the company’s non-operating investment made a profit of 18.04 billion Hong Kong dollars. This profit has now been transferred to the company’s account. The company’s investment has come to an end, and it is uncertain whether it will continue to invest in the future.

Article 18.04: Of the company’s 9.7 billion Hong Kong dollars in profits, 6 million Hong Kong dollars will be used to repay the company’s debts, [-] million Hong Kong dollars will be distributed as cash dividends to the majority of shareholders, and the remaining funds will be used to supplement the company’s cash flow.

Article 6. Regarding the dividend of [-] million Hong Kong dollars, the company will convene an interim board of directors in the near future to apply for dividend distribution to the board of directors. The specific equity registration and dividend distribution date will be announced after the board of directors approves the dividend distribution.

Regarding the equity incentives for the management, there is no public announcement for the time being, because this matter is relatively sensitive, and it will not be too late to make an announcement after the board of directors approves it.

"My God, I made so much money!" "The stock price will definitely rise again tomorrow!" "The dividend of 6 million Hong Kong dollars is equivalent to a dividend of 1.5 Hong Kong dollars per share, which is a lot!" "The richest man is about to pay. Nearly 3 million Hong Kong dollars can be distributed!".
After reading the news released by Hutchison Whampoa, many people talked a lot, either discussing how much the stock price would rise tomorrow, or discussing Lin Baicheng, the richest man in Hong Kong.

That's right, now the outside world has identified Lin Baicheng as the richest man in Hong Kong, and the Hutchison Whampoa he holds shares is worth more than tens of billions of Hong Kong dollars, not to mention Lin Baicheng has other assets.

On the surface, Lin Baicheng's title of the richest man is not so reluctant. The premise is that Hutchison Whampoa's stock price can support it, and at least maintain a market value of 200 billion Hong Kong dollars.

Lin Baicheng, who is still in Hutchison Whampoa, has been receiving congratulatory calls from all parties a few minutes after Hutchison Whampoa released the announcement.

The actual profit of 18 billion Hong Kong dollars, all of which has been transferred to the company's account, is indeed very shocking. This is a profit that all companies in Hong Kong cannot make in a year.

Even HSBC, which originally had the highest market capitalization, does not make as much as 18 billion Hong Kong dollars in annual profits.

However, with the sharp rise of Hutchison Whampoa, HSBC's market value is also gradually rising, because HSBC holds 15% of Hutchison Whampoa's shares, and these shares alone are worth three billion Hong Kong dollars.And for this 15% stake, HSBC only spent a few hundred million Hong Kong dollars, which made a lot of money.

Lin Baicheng accepted the congratulations from all parties familiarly, and at the same time did not forget to verbally invite them to the celebration banquet at that time, and the invitation letter will definitely be sent separately at that time.

(End of this chapter)