Reborn in Hong Kong as a Tycoon

Chapter 464
Lin Baicheng did not express his agreement or rejection when he heard the words, but said: "Shen Taiban, are you sure that HSBC's stock price is somewhat undervalued? The market doesn't think so now. If the stock price continues to fall, even if I don't reduce the stock , Unless you keep buying, the stock price may continue to fall."

"HSBC's internal analysis is correct. As long as Lin Sheng promises not to reduce his holdings, HSBC will be able to take over as many shares as retail investors sell."

Shen Congee said aloud that the reason why HSBC wanted to invest in the Hutchison Whampoa stock, and decided to spend a lot of money, and even contacted Lin Baicheng for this, was of course because HSBC had HSBC's judgment.

Yum Fund of Yum Securities borrowed funds from HSBC to use leverage to do long gold futures. Therefore, HSBC knew that Yum Fund’s funds were long gold futures, and it always paid attention. As a result, Yum Fund made a lot of money.

This is still a trivial matter. The problem is that Yum Fund’s funds are long gold futures. Hutchison Whampoa has [-] million US dollars to invest in other companies. After discussions within HSBC, it is believed that at least part of the funds will be used for gold futures. Use it to do gold futures, and it is also to do long gold futures.

Hutchison Whampoa's funds are shorting gold futures, and Yum Fund's funds are longing gold futures. HSBC internally does not think this will be the case, because one side will always lose money, which will not benefit Lin Baicheng much. The direction of investment on both sides can only be the same.

In terms of time, the funds for long gold futures have already made a profit, and they have made a lot of money.

Hutchison Whampoa's investment may generate huge profits, but Hutchison Whampoa's stock price has recently fallen and corrected when the stock market has risen as a whole. Therefore, the HSBC Securities Department believes that it is completely possible to take advantage of Hutchison Whampoa's stock price correction.

Even if the stock price of Hutchison Whampoa falls, the market value of the company is still nearly 190 billion Hong Kong dollars, so HSBC can invest a lot of money. After internal discussions, HSBC decided to invest 20 billion Hong Kong dollars.

With so much capital invested, it is of course impossible to buy stocks directly from the secondary market, which will only increase the stock price of Hutchison Whampoa, and the cost price of HSBC's entry will be a bit high, which will affect the final profit.

In order to be able to buy stocks at a lower price, and also for the smoothness of this investment, Shen Congee decided to talk to Lin Baicheng in person. Only Lin Baicheng and Chairman Huang can cooperate more smoothly.

"Then, Taipan Shen, if I agree to cooperate with HSBC, what benefits will I gain?"

Lin Baicheng asked in a deep voice, he will never do anything that is not beneficial, and he will not help HSBC for nothing in order to maintain a relationship with HSBC.

"HSBC is willing to give Lin Sheng 10 billion Hong Kong dollars as a loan to your business, as long as there is a corresponding mortgage, the interest is only 5% per year, and the loan period is three years. What do you think, Lin Sheng?"

HSBC was still very sincere and asked Lin Baicheng to help without empty words.

For Lin Baicheng’s normal loan from HSBC, the annual interest is usually 8%. That is to say, HSBC has waived the 3% annual interest this time, which is 9% for three years, and the 10% interest for 9 billion Hong Kong dollars is 9000 million Hong Kong dollars, which is regarded as Lin Baicheng. The benefits are paid.

Of course, the 9000 million Hong Kong dollars is not cash, and HSBC actually has no losses, but the premise is that Lin Baicheng's business needs loans, otherwise it is meaningless.

Of course, Lin Baicheng's business needs loans, especially for semiconductor companies. Let alone 10 billion Hong Kong dollars, 10 billion US dollars is not too much for Lin Baicheng.

"Mr. Shen, I feel the sincerity of HSBC, but I can't make a decision on this matter right away. I will give you an answer around this time tomorrow. What do you think?"

Lin Baicheng did not refuse, which is not bad for him, although if he agreed to HSBC, some retail investors may be washed out of the Hutchison Whampoa stock, and there will be losses in the future, but this has nothing to do with Lin Baicheng, his own interests are the most important .

"Of course there is no problem, then I will wait for good news from Lin Sheng."

Shen Congee knew that it was impossible for Lin Baicheng to make a decision right away, and it was a good thing for him not to be rejected immediately, which showed that the two sides had a great possibility of cooperation.

The two chatted for a few more words and then hung up the phone.

That night, Lin Baicheng also discussed this matter with Haruko Mori, and he had already made up his mind about this matter.

When Haruko Moori learned that Lin Baicheng had decided to agree to Shen Congee, she didn't say anything, but suggested that Lin Baicheng ask for more benefits.

At around six o'clock the next night, Lin Baicheng contacted Shen Congee.

"Mr. Shen, there is no problem for me to cooperate with HSBC, but I have a few conditions, please listen to them first."

"First of all, no matter how you operate, the stock price of Hutchison Whampoa cannot fall below the price of 40 Hong Kong dollars. Once it is revealed, don't blame me for not cooperating with you. This is a prerequisite. I cannot let the stock price of Hutchison Whampoa fall too much."

"What's more, I can cooperate with you HSBC, but you can't ask me to cooperate with you every time. I cooperate with you three times at most, and the condition for my cooperation with you is not to damage my reputation and the interests of Hutchison Whampoa."

"Finally, there is no problem with the annual interest rate of 5% on the loan, and the loan period is no problem for three years, but the fund of 10 billion Hong Kong dollars is too little. I want a loan of 20 billion Hong Kong dollars."

"Lin Sheng, the current stock price of Hutchison Whampoa is only about 47 Hong Kong dollars, and the lowest price of 40 Hong Kong dollars is less than 20% of the drop. And will the three times of cooperation be too few? Besides, 20 billion Hong Kong dollars in loan funds , This is a bit much, and HSBC may not be able to make so much profit from this operation!"

After hearing Lin Baicheng's words, it was impossible for Shen Porridge to agree to it without even thinking about it and strive for favorable conditions.

Afterwards, Lin Baicheng and Shen Porridge discussed over the phone, but the negotiation failed.

Lin Baicheng made a slight concession. The stock price of Hutchison Whampoa can fall below the price of 40 Hong Kong dollars, but at most it can only fluctuate at this price and cannot fall any further.

In addition, Lin Baicheng did not make any concessions, because the two did not have a negotiated relationship. Lin Baicheng said that he would talk to Liao Siren about this matter. At that time, Liao Siren will negotiate with HSBC. After the negotiation has a result, he will make the final decision finalize.

Shen Congee didn't refuse, since the negotiation couldn't be concluded immediately, then some negotiation is necessary.It is of course best to be able to talk about the level that HSBC can accept, and the cooperation will continue.But if it is not to the extent that HSBC can accept, then needless to say, the cooperation cannot be carried out, and the loss of HSBC is limited. It is nothing more than some manpower.

In the same way, if the negotiation is handed over to Liao Siren, it will be beneficial to Lin Baicheng if the negotiation can be successful, and it will not be harmful to Lin Baicheng if the negotiation fails, anyway, he will have no loss no matter what.

(End of this chapter)