Reborn in Hong Kong as a Tycoon

Chapter 315 British Capital Family
"Shen Daban, you said that the British family shorted Hutchison Whampoa through Standard Chartered Bank, and the funds from Singapore and Malaysia are shorting through HSBC?"

After hearing Shen Congee's words, Lin Baicheng couldn't help asking.At the beginning, Wei Li reported to him that the funds from Singapore and Malaysia were short-selling through HSBC. It stands to reason that Wei Li could not make mistakes in such things.

"There is a short-selling fund from Singapore and Malaysia, but this fund is not a lot, and there has been no other movement since then."

Since Lin Baicheng already knew about this matter, Shen Congee didn't hide it anymore, but he didn't say the specific situation of the short-selling of this fund.

"In this way, these two funds are doing their own thing."

Lin Baicheng was a little speechless, whether this is a big move, otherwise there would not be a lot of funds shorting Hutchison Whampoa.

Shen Congee said: "The British-funded family sells short through Standard Chartered. According to my current investigation, their initial short selling price should be between 40 Hong Kong dollars and 45 Hong Kong dollars, which is when the price of gold begins to fall below 210 US dollars per ounce. Afterwards, when the price of gold fell to US$200 per ounce, Hutchison Whampoa’s stock price fell below HK$40, and they increased their short-selling efforts.”

After hearing this, Lin Baicheng said: "Obviously, they knew the cost price of long positions in Hutchison Whampoa, and they started shorting after confirming that Hutchison Whampoa's investment was not profitable. After Hutchison Whampoa's investment suffered a loss, they even Increased short-selling efforts."

"According to what you said, their short-selling cost price should not be higher than 40 Hong Kong dollars. Let's calculate based on the average price of 40 Hong Kong dollars. Now the stock price of Hutchison Whampoa is around 25 Hong Kong dollars, and their short-selling profit is about 37.5%. , already quite a lot.”

"Dapan Shen, do you think they will end their short selling around this price and buy back the stock and return it to the broker?"

做空的利润往往是无法跟做多相比的，股价从40港币跌到20港币, 做空只能获得50%的利润；可要是从20港币涨到40港币的话, 涨幅是100%，做多就能获得100%的利润。

"I'm not them, I can't be sure what they think, I can only talk about my personal opinion."

Shen Congee said aloud: "From my own point of view, Hutchison Whampoa's previous stock price included bubble elements, and it was a bit inflated. Now that Hutchison Whampoa's investment has suffered huge losses, coupled with a logical reversal, Not only will the stock price return to normal, but it will even be oversold, plus the short selling push, so the total market value of Hutchison Whampoa is very likely to fall below tens of billions of Hong Kong dollars. Buy it back when it falls below 20 Hong Kong dollars, so that the profit will be higher."

"If it's the same as what you said, Taipan Shen, then I still have some ideas."

Lin Baicheng said aloud: "I found friends in the United States. They are willing to help the stock price fall below 25 Hong Kong dollars and buy some stocks. If the short side does not have much money, it is possible to hold up the stock price."

After hearing this, Shen Congee said, "Lin Sheng, I can only rely on you this time. HSBC has no ability to help, and all I can do is not hold back."

"I'll try my best!"

Lin Baicheng said and hung up the phone.

Lin Baicheng is not sure whether Shen Porridge has any contact with the short-selling British-funded family, but the news he revealed is nothing at all, because even if he didn't say it, the stock price fell below 25 Hong Kong dollars many times and the price was supported, and the short-selling British-funded family He's not a fool, he will definitely see something is wrong, it doesn't matter if Lin Baicheng says it or not.

Lin Baicheng was a little surprised by the short-selling funds from Singapore and Malaysia. He guessed that the short-selling funds were just for short-selling to make a fortune, and they were not aimed at Hutchison Whampoa, otherwise it would be unreasonable to have no action since then.

In a VIP room of the Xiangjiang Stock Exchange.

Henry Cassack, Michael Kadoorie, George Swire, John Madden and others are all here, and each of them represents a British family.For example, Henry Caesark represents the Caesark family that controls Jardine Matheson, Michael Kadoorie represents the Kadoorie family that controls CLP, Peninsula Hotels and other companies, and George Swire represents the Swire family that controls the Swire Group. John Madden represents the Madden family that controls Wheelock.

In addition to them, there are several people here representing their respective families and companies, but their industries are incomparable with those of Henry Cassack and others, so Henry Cassack and the others are the four leaders.

This time these British-funded families unite to short Hutchison Whampoa. In addition to Henry Cassack's collusion, but also because they really want to teach the Chinese-funded family a lesson, Lin Baicheng, who took the lead, was also regarded as a target for standing up. .

"The stock price of Hutchison Whampoa is fluctuating around 25 Hong Kong dollars. It seems that there is a fund tray. Should we continue to suppress the stock price?"

Henry Kessack asked aloud, they had just asked their subordinates to calculate, they borrowed 42 million shares of Hutchison Whampoa stock at the price of 4000 Hong Kong dollars, and about 3000 million shares were sold at an average price of 39.5 Hong Kong dollars.The remaining 1000 million shares were sold on the market this morning, only 25 million shares were sold above HK$200, and the remaining 800 million shares were sold almost below HK$25, but the stock price is still at this level The price fluctuated around, but did not fall.

John Madden said in a deep voice: "As long as Hutchison Whampoa does not have huge benefits, our cost price is still very safe, so I think we can continue to suppress the stock price, otherwise if we buy back the stock now, if there is a lot of money to grab us If the stock price rebounds above 30 Hong Kong dollars, then our short selling will not make much sense.”

Michael Kadoorie also said: "Our principal of 5 million Hong Kong dollars, the capital after using five times leverage is 25 billion Hong Kong dollars, but we only used 16.8 billion, and now the stock price has fallen to around 25 Hong Kong dollars. The price is to borrow another 3000 million shares to sell."

"Stocks worth 7.5 million Hong Kong dollars, plus the more than 10 million Hong Kong dollars that were received before, unless the funds available to the multi-party are [-] billion Hong Kong dollars, otherwise all the sales orders will not be accepted at all."

George Swire nodded in agreement, he didn't think the bulls had that much money.

Henry Cassack looked at several other people, and after seeing that they all nodded in agreement, he asked people to continue borrowing stocks.Now there is no need to hide it, so they directly asked people to talk to HSBC about securities lending and stock borrowing.

Soon, 3000 million shares of Hutchison Whampoa were lent by HSBC to short parties such as Henry Cassack.Although HSBC is a shareholder of Hutchison Whampoa, securities lending is a business, and HSBC has no reason to refuse door-to-door business.

As the short side began to sell a large number of stocks in the market, the stock price was quickly suppressed, but traders from institutions such as Goldman Sachs reacted and immediately took a large number of orders.

While selling a lot, buying a lot at the same time, the result is that the stock price will fall sharply and rise sharply, but overall it still fluctuates in the range of 25 Hong Kong dollars, but this time the magnitude of the shock is relatively large.

(End of this chapter)