Reborn in Hong Kong as a Tycoon

Chapter 305 Li Jiacheng wants to cooperate
It's another week.

The price of gold plummeted again, and even fell below the price of 200 US dollars per ounce. Although it rebounded later, the price of gold fluctuated around 200 US dollars per ounce.

At the same time, Hong Kong's Hang Seng Index also fell sharply again, falling below 500 points and oscillating around 480 points.At this time, compared with the 400 points at the beginning of the year, the Hang Seng Index has only increased by about 20%, which is not a big increase.

If this falls further, it means that the Hang Seng Index has not risen much for a whole year, playing a lonely game.

Under such circumstances, Lin Baicheng originally thought that the short sellers of Hutchison Whampoa would definitely do it.After all, the decline of the Hang Seng Index has caused the vast majority of stocks in the Xiangjiang stock market to fall, and Hutchison Whampoa is no exception.

In addition, the price of gold fell to around US$200 per ounce, while the cost price of Hutchison Whampoa's long gold futures was US$206.8 per ounce, a drop of about 3%.

Regardless of the drop of only about 3%, Hutchison Whampoa’s long-term futures have a principal of 1.5 million U.S. dollars and financing of 15 billion U.S. dollars to go long. 3% is 4500 million U.S. dollars, which is 1.9 million Hong Kong dollars in Hong Kong dollars, almost two Small target.

Although Hutchison Whampoa's long position is a secret, but since it is through HSBC's channel, and the short position has already failed due to a mistake in judging the investment in gold futures, Lin Baicheng does not believe that there will be a second such fool. The specific gold futures investment of Hutchison Whampoa must have been known by the short side.

As long as you are willing to spend money, this kind of thing is not difficult to find out.

While the Hong Kong Hang Seng Index fell and Hutchison Whampoa's share price was already falling, there was also negative news such as Hutchison Whampoa's investment loss of 2 million Hong Kong dollars, which was extremely beneficial to the short side, and it was time to attack great time.

However, what surprised Lin Baicheng was that there was no negative news about Hutchison Whampoa from the outside world.Although the stock price of Hutchison Whampoa has been falling, it has not fallen much. It can only be said that it is a normal stock price drop without a large number of selling.

Lin Baicheng was very puzzled by this, but no matter what the short side thought, he chose to continue to implement the fixed increase plan.

Lin Baicheng approached Bao Yugang last week, but Bao Yugang declined after two days of consideration, saying that he had already spent a lot of cash to acquire Wharf, and currently he did not have so much money to take over Hutchison Whampoa's fixed increase.

Lin Baicheng knew that these were just Bao Yugang's excuses. Bao Yugang probably wasn't very optimistic about the future development of Hutchison Whampoa, or thought that buying shares in Hutchison Whampoa at a fixed increase price would not bring much profit, so he refused.

Bao Yugang was unwilling to accept the fixed increase. Of course, Lin Baicheng could not force it, and he would not force it. All he could do was to find the next fixed increase partner.Anyway, with his own funds at his back, this fixed increase plan will definitely not fail, so he is not worried.

It was in this situation that Shen Porridge from HSBC suddenly contacted Lin Baicheng, saying that someone wanted to ask Lin Baicheng to talk about something by asking him to help with the bridge.

"Li Jiacheng?"

When Lin Baicheng learned that the man was Li Jiacheng, he immediately associated Li Jiacheng with the short seller of Hutchison Whampoa. Who made Li Jiacheng have a criminal record?

"No, if Li Jiacheng is shorting Hutchison Whampoa, why is he contacting me through Shen Congee at this time?"

Lin Baicheng soon wondered if he had guessed wrong. With this doubt, he went to the Taipan office of HSBC at the appointed time.

"Lin Sheng, you are here, welcome." "Lin Sheng, long time no see!"

"Master Shen! Li Sheng!"

Only Shen Congee and Li Jiacheng were in the office, and Lin Baicheng went over to shake hands with them respectively.

Although Lin Baicheng and Li Jiacheng did not deal with each other and each tried their own ways to deal with each other, they did not tear each other apart, at least on the surface. Therefore, when they met, they would pretend to be businessmen.

The three of them sat down on the sofa.

"Li Sheng, I wonder if you have something to talk to me about?"

After a few polite words, Lin Baicheng got straight to the point and asked directly.

Li Jiacheng didn't go around in circles when he heard the words, and said directly: "Lin Sheng, you should be buying shares in Qizhou Yingni, right? I own a part of Qizhou Yingni's shares."

"Li Sheng's news is really well-informed. I ask myself that the acquisition has always been cautious. How did Li Sheng know about this?"

Lin Baicheng couldn't help being a little surprised when he heard the words. The acquisition of Qizhou Yingni had always been carried out carefully and secretly. He didn't expect that Li Jiacheng would know about it.It wasn't that he didn't want to deny it, but that he knew very well that since Li Jiacheng had already said that, it must have been confirmed, and there was no point in denying it.

"It's true that Lin Sheng is very careful, but I also have people buying the shares of Qizhou Yingni, and there are only a few shares in circulation on the market. After the stocks are not so easy to buy, I will let people check it out. Naturally, the truth came to light.”

Li Jiacheng said aloud, what he didn't say was that he used HSBC's energy to find these from the exchange through HSBC.

Although the exchange has an obligation of confidentiality, this is usually aimed at ordinary retail investors. Many people with high status can inquire similar news from the exchange through their relationships.

In fact, the main reason is that the shares acquired by Lin Baicheng were placed under the name of Yum Securities. Others saw that it was Yum Securities, but they didn't know that it was Lin Baicheng who was buying it.If Lin Baicheng assumes the identity of a stranger and puts the acquired shares in the stranger's name, it will not be so easy to find out who is buying.

Lin Baicheng nodded and said, "Okay, what do you want to talk to me about, Mr. Li?"

"I want to cooperate with you, Lin Sheng, and we will acquire Qizhou Yingni Company together."

Of course, Li Jiacheng wants to acquire Qizhou Yingni by himself, so that he can not only own the largest cement company in Xiangjiang, but also take the land in Hung Hom belonging to Qizhou Yingni Company into his pocket, and make a lot of money by developing the land. Pen.

However, with Lin Baicheng buying Qizhou Yingni and Lin Baicheng holding a lot of shares, Li Jiacheng knew that it would definitely not be easy for him to acquire Qizhou Yingni.Even if the acquisition is successful in the end, the price paid will definitely not be small. At that time, the profits obtained through Qizhou Yingni Company will be limited, and it will not make much sense.

In the final analysis, the acquisition of Qizhou Yingni Company is to make money. If the price is too high, it will not be worth it.

In this case, it is the best choice to cooperate with Lin Baicheng.As for whether Lin Baicheng is willing to cooperate or not, if you don’t try, you definitely don’t know. That’s why Li Jiacheng asked Lin Baicheng to talk to him through Shen Congee.

(End of this chapter)