Reborn in Hong Kong as a Tycoon

Chapter 485 Huge Fluctuations in Hutchison's Stock Price (Two in One)

At eight o'clock in the morning, Chen Baocai wandered out of the house.

He bought some newspapers when he passed the newsstand. There must be four newspapers with the largest sales in Xiangjiang, "Star Daily", "Oriental Daily", "Ming Pao" and "Sing Tao Daily". In addition, he also bought "Xingjiang Commercial Daily", " Economic-related newspapers such as Hong Kong Economic Daily, South China Morning Post, and Asian Wall Street Journal.

As a professional stockholder, Chen Baocai reads newspapers related to the economy every day.

After buying the newspaper, Chen Baocai went to the breakfast shop where he went every day to have breakfast, and read the newspaper while having breakfast.

"It's all useless news."

After reading a few newspapers related to the economy, Chen Bao curled his lips as expected.

"Ming Pao is still the same. Many reports are either related to novels or writers."

After reading the newspapers related to the economy, Chen Baocai read the four major newspapers.

"Ok?"

After reading the "Ming Pao" newspaper, and then looking at "Sing Tao Daily" Chen Baocai, I suddenly found that the front page reported big news.

"[Hutchison Whampoa's investment judgment]?"

The content of the report is about Hutchison Whampoa’s investment judgment of US$2 million. It is believed that Hutchison Whampoa’s investment is to invest in gold futures, and it is likely to use 5 times to 10 times leverage. Today, the price of gold has risen compared to when Hutchison Whampoa invested 21.7%.If Hutchison Whampoa's investment is long, it will make a profit of 2 million to 4 million US dollars. If it is short, its 2 million US dollar investment will lose all.

The report of "Sing Tao Daily" did not say which is more likely to be long or short, but only said that the probability is half and half, and it is possible to make money and lose money, and there is no preference.

This was the decision made by Hu Xian. Although she didn't know what the purpose of the person who sent the letter to "Sing Tao Daily" was, since she herself decided not to join in, she couldn't let "Sing Tao Daily" be used, so The report belongs to the report, but did not make any tendentious judgments.

At the end of the report, "Sing Tao Daily" stated that it will continue to follow up, hoping to find out more. In fact, it means to let the public continue to buy newspapers in the next few days.

"Hutchison Whampoa made a profit of more than two billion Hong Kong dollars from long gold futures last year. It is really possible to invest the money in gold futures this year. Now the price of gold has risen by more than [-] points compared with that time, which is not a small increase. The problem now is , I don’t know whether Hutchison Whampoa’s investment is long or short.”

Chen Baocai thought to himself, before he saw this report, he didn't think much about it, but now that he thinks about it, Hutchison Whampoa's US$2 million investment will have a big impact on the company's stock price.Regardless of whether it is a loss of US$2 million or a profit of at least US$2 million, it is more than 70 million in Hong Kong dollars. Even if it is placed on Hutchison Whampoa with a market value of [-] billion Hong Kong dollars, it is not a small sum.

More importantly, Lin Baicheng's investment vision accounts for a large part of Hutchison Whampoa's current market value. Whether the investment is profitable or losing has a great impact on the trend of Hutchison Whampoa's stock price.If it is profitable, the stock price will inevitably rise sharply; otherwise, the stock price will inevitably fall sharply.

Afterwards, Chen Baocai read "Star Daily" and "Oriental Daily" again, and found that there were no reports worthy of attention, so he hurriedly finished his breakfast, paid the bill and left with the newspaper of "Star Daily".

Chen Baocai went straight to the exchange, and it was less than nine o'clock when he got there.

"Brother Bao, you are here." "Brother Bao, have you read the newspaper of "Sing Tao Daily" today?" "Brother Bao".
As soon as Chen Baocai entered the hall, several of his friends surrounded him.

"Everyone go over there and talk."

Chen Baocai greeted them to a place where no one was around.

"I've read the morning paper."

Chen Baocai shook the "Sing Tao Daily" in his hand. He looked at several people and said, "I know what you mean, everyone wants to know my opinion, but whether Hutchison Whampoa's investment is making money or losing money, I don't know. Judgment, I can only say that the probability is half and half."

After hearing Chen Baocai's words, everyone was not disappointed. After all, it is really impossible for Chen Baocai to know the truth about Hutchison Whampoa's investment.

Someone asked: "Brother Bao, are you going to invest in the Hutchison Whampoa stock?"

"Not doing it for now."

Chen Baocai did not hide it: "This year the Hang Seng Index has risen very well, but all the stocks I bought have risen, and it is the same now, so there is no need to sell the stocks that make money in my hands. However, I will pay attention to the Hutchison Whampoa stock today. Let’s see if the bulls are strong or the shorts are strong. Once the direction is confirmed, maybe I will suddenly rush in. Once this stock chooses a direction, whether it is rising or falling, the fluctuations will definitely not be small.”

"Brother Bao, I'll do it with you." "Me too." "I'll hang out with Brother Bao too."

After hearing Chen Baocai's words, several people immediately spoke one after another.

"I still say the same thing, you can buy it with me. If you make a profit, you will give me 3%. If you lose money, I don't care. If you don't want to share the profit, you can leave."

Chen Baocai nodded without surprise, and the reason why he dared to say such words was because his funds had reached more than 20 Hong Kong dollars, and he had made a lot of money in the stock market in the past two years, so he also had some fame.

Since the second half of last year, many people have followed Chen Baocai to buy stocks. It is also because of his good luck that he has exchanged a lot with the people who followed him to buy stocks.

It is precisely because of this that at the beginning of this year, Chen Baocai began to charge those who followed him to buy stocks. The fee is 3% of the profit each time, which is not much for an individual, but for Chen Baocai when several people add up. Not a small amount.

And this year's stock market is going well, so those who followed Chen Baocai to buy stocks have made money, and Chen Baocai has earned a lot of commissions.

Those who followed Chen Baocai were used to this, so no one left.

Chen Baocai and his group were the only ones who read the report of "Sing Tao Daily" this morning. Based on the sales volume of "Sing Tao Daily", at least tens of thousands of people saw the relevant report, and many of them were stock investors.

Therefore, there are absolutely many investors who pay attention to the stock of Hutchison Whampoa today, and some people even choose to go long or short directly and take a gamble. After all, if the gamble is right, they can definitely make a fortune.

Similarly, Lin Baicheng, who was eating breakfast in the villa in the morning, also saw the report of "Sing Tao Daily", but the report disappointed him a little.

"It seems that it is really not easy for the "Sing Tao Daily" to report good news. Instead, the tabloids dare to exaggerate the reports, regardless of the authenticity, only for sales. Unfortunately, the sales of the tabloids are too small and the audience is too small."

Lin Baicheng couldn't help shaking his head after reading it. This report did not meet his expectations, and it is unlikely that Hutchison Whampoa's stock price will rise sharply because of such a report.

"It seems that other means must be used."

Lin Baicheng decided to use other means without exposing himself.

When Lin Baicheng arrived at Hutchison Whampoa, the secretary who had already come to the company told him that Shen Congee had called before, and Shen Congee asked Lin Baicheng to call him back when he arrived at the company, and he was at HSBC.

Lin Baicheng knew the purpose of Shen Congee's call, so he called back anyway.

After the phone call, Shen Congee immediately said, "Lin Sheng, you should have read the "Sing Tao Daily" this morning, right?"

Lin Baicheng responded: "Well, I read it before coming to the company."

Shen Congee said: "Sheng Lin, although the report said that Hutchison Whampoa is equally likely to make money and lose money, I am worried that more investors will believe that Hutchison Whampoa's investment has made money, which will lead to an increase in Hutchison Whampoa's stock price. I decided to discuss with Mr. Mineryu Iwasaki and jointly suppress the stock price."

Lin Baicheng listened and said, "Dapan Shen, you shouldn't come to me for this kind of thing. Whether you agree to suppress the stock price is Iwasaki-kun's business. I can't even help you with this kind of thing."

"Lin Sheng, you misunderstood. Of course, I will discuss this matter with Mr. Iwasaki myself, and I am sure to convince Mr. Iwasaki."

Shen Congee first explained after hearing the words, and then said: "What I want to say is that in order to make more investors believe that Hutchison Whampoa's investment is losing money, we will suppress the stock price of Hutchison Whampoa to a lower price. , this requires your approval and the cooperation of Hutchison Whampoa."

"Shen Taipan, our agreement is that Hutchison Whampoa's stock price fluctuates at 40 Hong Kong dollars. It's okay to occasionally fall below 39 Hong Kong dollars, but it can't fall to a lower price."

Lin Baicheng immediately said that he was still thinking about how to increase the stock price of Hutchison Whampoa, and how could he agree that the stock price of Hutchison Whampoa would be suppressed to a lower price.

"Lin Sheng, our agreement is true, but the opportunity is rare, and this is only a short-term fluctuation. It won't take long for Hutchison Whampoa's stock price to rise, and there is no loss for you." Shen Congee tried to convince Lin Baicheng.

"Continuing to suppress the stock price is not bad for me who is not ready to sell stocks for the time being, but I also have my difficulties."

Lin Baicheng said in embarrassment: "Hutchison Whampoa is not only my major shareholder, but also other shareholders, and some shareholders pledge the shares of Hutchison Whampoa to bank loans. If it is too low, it will urge other shareholders to repay the loan, and the shareholders will definitely ask me to find a way to increase the share price of Hutchison Whampoa."

"I am the major shareholder of Hutchison Whampoa and I hold the control of the company, so I can refuse them, but I can't do this, otherwise I won't give them face, and if they keep making trouble for me in the future, what can I do?" Management company?"

"Let me tell you the truth, Guo Sheng asked me to help stabilize the stock price when the stock price of Hutchison Whampoa was more than 50 Hong Kong dollars. The price fell to 40 Hong Kong dollars is already Guo Sheng's bottom line. I can't let Hutchison Whampoa's The stock price has plummeted, once this happens, I will immediately arrange for Hutchison Whampoa to repurchase, or release some good news to boost the stock price.”

"Lin Sheng, what do you think of this?"

After a moment of silence, Shen Congee suggested: "We will suppress the stock price of Hutchison Whampoa during the session, and then recover it at the end of the session, so that there will be no impact, but this requires Lin Sheng to help you control Hutchison Whampoa. The company will not release any news before the market closes today."

"this one"

Lin Baicheng was a little hesitant, Shen Porridge's words were more sincere, if he refused again, it would be unreasonable.The main reason is to worry about arousing Shen Congee's suspicion, so that it will be difficult for him to use tricks later.

Shen Congee said, "Lin Sheng, it won't hurt if you do this, so please help me."

"Okay, I agree, but you can only suppress the stock price of Hutchison Whampoa to about 30 Hong Kong dollars, and I will let Yum Securities buy stocks at a low price and make a profit." Lin Baicheng agreed after thinking about it .

"It's good that Lin Sheng agrees, then we'll make a deal like that."

Shen Congee agreed without even thinking about it. It was the right intention for Yum Securities to make a profit. He didn't expect Lin Baicheng to help in vain.

Lin Baicheng said: "Well, you can contact Iwasaki-kun yourself."

"I'll contact Mr. Iwasaki immediately, Mr. Lin, then let's stop here first."

"Ah."

Lin Baicheng and Shen Congee ended the call.

After finishing the call with Shen Congee, Lin Baicheng called Yum Securities and explained what Anyuan should do to make as much money as possible.

Afterwards, Lin Baicheng called Wei Li, Cheng Yufeng, Xia Boyin and other high-level executives into the office, and told them not to express their views on the "Sing Tao Daily" report for the time being, and to deal with it coldly.

When the stock market starts auction trading, the stock of Hutchison Whampoa receives the most attention.

At the beginning of the call auction stage, Hutchison Whampoa’s share price immediately fell by 7.3%, then immediately fell by 8.5%, then fell by 6.2%, fell by 4.9%, and fell by 5.5%
The opening price of Hutchison Whampoa is constantly changing, sometimes falling and sometimes rising, but the opening price has always fallen by a few points.

Although the call auction does not mean anything, because the volume of transactions in the call auction stage can be very small, even if it is a favorable stock, if big funds want to raise more stocks at a low price, they can also let the stock price open much lower during the call auction stage. As a result, some investors were scared to sell their stocks.

However, because of this method, many stockholders are afraid that there will be a bigger decline in the future, so they choose to sell stocks, which indirectly means helping the funds to suppress the stock price.

When the call auction period passed, Hutchison Whampoa's opening price was HK$38.25, which was 41.36% lower than yesterday's closing price of HK$7.52, which was not a small drop.

At 09:30, the stock market enters the time period for formal trading.

Under the attention of many investors, Hutchison Whampoa, which opened sharply lower, rebounded by more than three points in almost a dozen seconds. Obviously, there are funds that choose to enter the market to buy bottoms, or these funds believe in Hutchison Whampoa. Investing is making money.

However, without waiting for more long-term funds to enter the market, the traders arranged by HSBC and Mineryu Iwasaki sold a large number of Hutchison Whampoa stocks. The momentum is raging.

In the absence of a large amount of capital, Hutchison Whampoa's stock price continued to fall, and it was useless to occasionally have funds to buy stocks.

Less than 5 minutes after the market opened, Hutchison Whampoa’s stock price was suppressed to a minimum of around HK$33, but it quickly rebounded to a high of HK$36.3, and then fell back to around HK$35 for shocks.

At this price, traders arranged by HSBC, Yum Securities, and Iwasaki Mineryu began to buy stocks slowly, and suppressed them if there was a rebound trend, anyway, they just wanted to prevent the stock price from rising.

Among the three-party funds, Yum Securities' funds are the most comfortable and comfortable, because Lin Baicheng told Anyuan not to sell stocks to suppress the stock price, although buying is enough, as much as you can buy.

And when Hutchison Whampoa's stock price fluctuated around HK$35, Chen Baocai and his group liquidated [-]% of their positions in the stocks they held, but they temporarily held the funds and did not move.

Chen Baocai is still waiting for the stock price of Hutchison Whampoa to continue to fall. Once the drop reaches 20% that day, he will start to enter the market to buy the bottom.In his opinion, even if Hutchison Whampoa's investment really lost money, a 20% drop is enough to take a bet. The investment in Hutchison Whampoa is actually profitable.

The downside is limited, but the upside is huge. This is an important reason why Chen Baocai dared to give it a go.

(End of this chapter)