Reborn in Hong Kong as a Tycoon

Chapter 313
Some things cannot be hidden.

Just on Sunday, November 11th, a report appeared in the newspapers of several financial and economic newspapers in Xiangjiang that Hutchison Whampoa's investment loss exceeded one billion U.S. dollars.

In the newspapers, it was clearly reported that Hutchison Whampoa was long gold futures at a price close to 210 US dollars per ounce. Now the gold price has lost 10%, and Hutchison Whampoa uses 10 times leverage, so Hutchison Whampoa’s $1.5 million Almost all of the principal was lost.

In the reports of these newspapers, although the cost price of Hutchison Whampoa in US dollars was not reported as the specific figure of 206.8 US dollars per ounce, it was able to report a figure close to 210 US dollars per ounce, which shows that the people who sent the news clearly knew and remembered Huangpu's investment situation.

The investment loss of hundreds of millions of Hong Kong dollars was big news. The major newspapers immediately went to the senior management of Hutchison Whampoa to interview them. There were also a large number of reporters squatting outside Lin Baicheng's Repulse Bay villa.

Without Lin Baicheng's permission, of course Wei Li, Cheng Yufeng and others would not be interviewed by reporters, and none of them would speak to the public.

"The empty side is doing it!"

After Lin Baicheng heard the news, he immediately thought that this was the work of the short side, and suppressed the stock price of Hutchison Whampoa by reporting the investment loss of Hutchison Whampoa.According to the current situation, Hutchison Whampoa's investment has indeed suffered huge losses, so the short side is obviously doing the right thing.

Afterwards, Lin Baicheng called Shen Congee from HSBC.

"Shen Taiban, you know all the reports about Hutchison Whampoa in the newspapers, right?"

"Lin Sheng, I just found out."

Shen Congee on the other side of the phone said in a deep voice: "Lin Sheng, I know what you mean. But I can guarantee that Hutchison Whampoa's long investment is definitely not leaked from HSBC. HSBC is also a major shareholder of Hutchison Whampoa. Now It still holds 15% of the shares of Hutchison Whampoa, and the spread of such negative news will not benefit HSBC at all."

"Shen Dapan, there are not many people in Hutchison Whampoa who know that the company has made long futures investment, and only a few high-level people know the specific cost price. I don't think they leaked the news. It's your bank, but Has a criminal record."

Lin Baicheng thinks that the news is more likely to be leaked from HSBC, but he also knows that even if the news leaked from HSBC, as long as there is no evidence, HSBC will not admit it for the sake of its own reputation.And the reason why he made this call, of course, also had his purpose.

"Lin Sheng, this is impossible. Except for a few senior executives of HSBC, even most of the directors don't know the specific investment situation of Hutchison Whampoa, so it is impossible for the news to leak from HSBC."

Sure enough, as Lin Baicheng thought, Shen Congee immediately dismissed the suspicion on HSBC, and absolutely refused to admit that the news leaked from HSBC.

"Since the matter has already happened, let's not talk about it for the time being."

Lin Baicheng didn't mean to delve into it. He knew it was meaningless to pursue it now, so he said: "It is conceivable that the company's stock price will drop sharply tomorrow. I would like to ask, will HSBC reduce its holdings of Hutchison Whampoa's stock? And, HSBC Do you have the ability to increase your holdings after the stock price falls to a certain price?"

"Lin Sheng, I can't answer you now."

After the small meeting, Shen Porridge pondered and said sincerely: "HSBC holds 15% of Hutchison Whampoa's shares. This is not a small amount. Whether to reduce the holding depends on the ideas of the directors. As for the increase in holdings, I can answer Lin Sheng now. , if nothing else, HSBC will not increase its holdings anymore, after all, 15% of the shares held by HSBC is already enough.”

"OK then."

Lin Baicheng didn't force it, he knew that it was useless: "Shen Dapan, I hope you can help persuade the directors of HSBC not to reduce their shareholding at this time. Some people are shorting Hutchison Whampoa, and now this Negative news, if you HSBC reduce your holdings again, you don’t know where the stock price will fall, and your HSBC stock will not sell much."

"Don't worry, Lin Sheng. I understand the truth. Besides, HSBC did not reduce its holdings when it was at a high level of [-] or [-] Hong Kong dollars. Now that the stock price has plummeted, unless there is indeed a major problem with Hutchison Whampoa, it did not reduce its holdings when the stock price plummeted. reason."

What Shen Porridge said was the truth. No one would choose to sell stocks when the stock price was cut in half. Unless the company's operation had a major problem and it was hopeless, they would definitely try to get the company's stock price back up. This is how you can sell for more money.

"Lin Sheng, I'll let people find out who is shorting Hutchison Whampoa. You should also find a way to stabilize the stock price, at least not let the stock price of Hutchison Whampoa fall too hard."

"I'm afraid that the originally planned fixed increase can't be carried out now, and I will find another way."

Lin Baicheng responded that with such negative news, the stock price will inevitably drop sharply tomorrow. Standard Chartered will definitely not accept a fixed increase at a price of more than 30 Hong Kong dollars, and he will not accept a fixed increase at a lower price, so the two parties will definitely not be able to negotiate. .

After finishing the conversation with Shen Congee, Lin Baicheng checked the time and found that it was past twelve noon.Xiangjiang time is 15 hours ahead of Los Angeles time. In other words, it is past nine o'clock in the evening in Los Angeles, and Haruko Mori should not be asleep yet.

Lin Baicheng called the villa in Beverly Hills to find Haruko Mori who lived there, but Haruko Mori was still awake at this time.

Lin Baicheng asked Mori Haruko to go to Goldman Sachs to transfer [-] million U.S. dollars from his private account to the offshore company together with Isabella, Bill Hawes, and Vivien Kelly during the daytime in Los Angeles tomorrow. account, and then use Goldman Sachs, Morgan and other channels in Xiangjiang to wait for his order to use leverage to do long Hutchison Whampoa stocks.

The stock price of Hutchison Whampoa will inevitably fall tomorrow and next Monday. If the drop is not very large, it is fine. Lin Baicheng admitted it and let the shorts make a fortune.But if there is a big drop, Lin Baicheng will let the offshore company use leverage to buy the bottom and go long, and make a fortune after the stock price rebounds.

At this moment, Lin Baicheng no longer needs to use his funds for a fixed increase.Acquisitions in the United States cost a lot of money, and if the price of gold continues to fall, the deposit will also need a lot of money, so Lin Baicheng dare not spend too much money on fixed increases.

If a large amount of funds were spent to meet Hutchison Whampoa’s fixed increase, but the international gold price continued to fall, then Lin Baicheng needed a large amount of funds as a deposit, so he could only withdraw from Galaxy Games, and doing so would definitely affect the console’s performance. R&D speed.

After finishing the call with Haruko Mori, Lin Baicheng didn't do anything else, there wasn't much he could do now.

　(Thanks to 'Qingquan 2010 Nanjing' for the great support!)
　　
　
(End of this chapter)