Reborn in Hong Kong as a Tycoon

Chapter 338

Chatting and chatting, a few people talked about Hutchison Whampoa being shorted.

"Lin Sheng, the stock price of Hutchison Whampoa is still below 25 Hong Kong dollars, are you still going to continue to buy back stocks?"

"That's right. Anyway, the current stock price is not high. Selling the repurchased shares after the stock price rebounds will allow Hutchison Whampoa to make a fortune." Lin Baicheng nodded.

"anyway."

Zheng Yutong asked curiously: "How much money has Hutchison Whampoa bought back?"

"8 million Hong Kong dollars have been repurchased."

Lin Baicheng didn't hide it either.

Bao Yugang also asked: "Hutchison Whampoa announced that it is willing to spend up to 15 billion Hong Kong dollars for repurchases. Lin Sheng, are you really going to spend so much money for repurchases?"

"15 billion Hong Kong dollars is the upper limit, but there will still be at least 13 billion Hong Kong dollars."

Lin Baicheng hoped that these people could contribute some more money to buy Hutchison Whampoa's stock and help drive up the stock price, so he did not hide his plan from them: "I am going to ask Xinghe Game Company to lend 5 million Hong Kong dollars to Hutchison Whampoa. The money will be transferred to Hutchison’s account on Monday, and then Hutchison will use the money to buy back.”

"There are absolutely not many stocks in circulation on the market now. I don't believe that there will be no other funds to participate in the long position when the stocks are bought by us in large quantities. The remaining retail investors who still hold stocks will firmly sell the stocks. Sell."

"Lin Baicheng's funds are really strong!"

Zheng Yudong felt quite emotional in his heart. In less than two years since he made his fortune, the cash he can use is almost equivalent to his entire net worth.

Guo Henian said aloud: "Currently most of Hutchison Whampoa's stocks are in the hands of Lin Sheng and your American friends, I own a part, and Hutchison repurchased a part, Brother Huo, Bao Sheng, Zheng Zheng The three of them have a small part in their hands. As long as we don’t sell the stock, the short side will lose, and we must buy back the stock at a higher price later.”

Bao Yugang also agrees with this very much. He reminded: "What we need to guard against now is the short side playing dirty tricks, checking accounts, arresting ships, and asking banks to collect loans. No one knows what will happen to those British-owned families. What a dirty trick."

"This really has to be guarded against."

Zheng Yutong agrees very much with this: "This involves a short sale of 20 billion Hong Kong dollars. In the end, the profit will be hundreds of millions of Hong Kong dollars or the loss of hundreds of millions of Hong Kong dollars. The difference between the two may be nearly one billion Hong Kong dollars. Such a large sum Money, it is entirely possible for them to take risks.”

"Lin Sheng always brings a bunch of bodyguards with him no matter where he goes, so there is no need to worry about safety."

Huo Yingdong couldn't help laughing as he said that, he used to think that it was superfluous for Lin Baicheng to bring so many bodyguards everywhere, but now it seems that it is not useless, at least he doesn't have to worry about his own safety.

"However, we must prevent them from targeting Hutchison Whampoa. In the current situation, unless there is a major negative news about Hutchison Whampoa, it will be difficult for the short side to make a profit. Therefore, they will definitely continue to find ways to attack Hutchison Whampoa, thereby suppressing the stock price. the goal of."

"The best way is actually to end this struggle, so that the short side will no longer have the power to resist, so that those British-owned families will not waste their efforts to suppress Hutchison Whampoa, and the size of Hutchison Whampoa will also let Many people are scruples and dare not help suppress Hutchison Whampoa."

"I understand what Huo Sheng said, but what I can do now is to raise funds for Hutchison Whampoa to repurchase. There is no other big benefit to drive up Hutchison Whampoa's stock price."

Lin Baicheng shook his head helplessly. This time, in order to deal with the short selling, he can be said to have done everything he could.If he hadn't used [-] million US dollars and used five times the leverage for the pallet, the stock price of Hutchison Whampoa would have been smashed, and the short side might have finished shorting at this time, and made a fortune to celebrate.

It is also unlucky for the short-selling British family. It is not good to short-sell any company, but they choose to short-short the company of Lin Baicheng, who has strong capital.If it were another company, it would definitely not be an easy task for the controlling party to spend more than one billion Hong Kong dollars at one time, and the British family has a great possibility of success in short selling.

"Good things can actually be made."

Bao Yugang said with a smile: "The short side can use off-the-market moves to create bad news. Lin Sheng, you can also create good news, just like you asked us to buy Hutchison Whampoa stocks."

"Is there a good way for Baosheng?"

Lin Baicheng's eyes lit up when he heard the words, and he looked at Bao Yugang full of expectation.

"That's all I'm saying."

Bao Yugang waved his hand, and then said: "I have no other way, but next Monday I will once again announce that I am optimistic about Hutchison Whampoa and continue to increase my holdings of Hutchison Whampoa. Although I don't have much money to buy, the outside world But I don’t know, I can exaggerate a little by then.”

The reason why Bao Yugang said this was because he judged that the short sale would fail, and the stock price of Hutchison Whampoa would rebound soon. Seeing the profit, he was willing to invest some more money to buy stocks.But this time, he took the initiative to enter the market, and Lin Baicheng didn't have the funds to buy it for him. If he loses, he loses.

"That's a good idea."

Zheng Yudong couldn't help but nodded in agreement when he heard the words: "Since Baosheng has said so, how can I be absent. Although my influence and funds are incomparable with Baosheng, it is still possible to contribute a little bit."

"If it weren't for worrying about affecting the development of Hutchison Whampoa, I would like to join the board of directors of Hutchison Whampoa."

Huo Yingdong and Zheng Yudong are also not optimistic about the short side, and believe that it is profitable to buy Hutchison Whampoa shares now.However, unlike Bao Yugang and Zheng Yudong, Huo Yingdong has money and influence, but joining the board of directors of Hutchison Whampoa is not good for Hutchison Whampoa.

As a red family, Huo Yingdong was severely suppressed by the Hong Kong government, and he was unable to do many businesses.Taking the retail industry as an example, he can’t do business like opening a supermarket. If he does, he will be suppressed by the Hong Kong government. However, the vegetables on the Xiangjiang River cannot be separated from the supply from the mainland, so Huo Yingdong can do this kind of business again. The Hong Kong government Even if you don't support it explicitly, you will definitely not suppress it.

Taking the real estate industry as an example again, can't Huo Yingdong see that the prospects of the Xiangjiang real estate industry will get better and better?It's impossible to think about it, so many Chinese bigwigs are in the business of real estate development, how could Huo Yingdong fail to see how profitable this industry is.

But still the same sentence, the Hong Kong government does not allow Huo Yingdong to do real estate development, but the sand needed for construction in the real estate industry must be provided by the mainland, so Huo Yingdong has monopolized the supply of sand from Xiangjiang, whoever does real estate will not give Huo Yingdong some points face?
"Thank you for your help, here I offer a toast to you with tea instead of wine."

Lin Baicheng was very happy when he heard the words, no matter how much money they are willing to contribute, a little is worth a little, plus their influence, this is indeed a good thing.

The five of them chatted until the evening, before Huo Yingdong and the four of them left.

For similar gatherings, Lin Baicheng felt that as long as he was in Xiangjiang in the future, he should attend them whenever he had time.Relationships are all coming out. If you don't often contact others, how can the relationship between the two parties get better?Networking is a thing of mutual use of interests, but it also comes out of emotional support. Only by walking around and connecting can a network of people be established.

As long as Lin Baicheng develops based on Xiangjiang in the future, he will definitely touch the interests of many people, and there will be disputes with those Chinese families at that time, which is unavoidable.Therefore, Lin Baicheng is not prepared to make close friends with too many people, but it is still necessary to make good friends with a few top Chinese families such as the Huo family and the Bao family. It is not necessary to go to the point where the whole Xiangjiang is an enemy.

(End of this chapter)