Reborn in Hong Kong as a Tycoon
Chapter 486
Chapter 486: They Are All Human Spirits (Two in One)
"Boss Lin, Director Guo is here."
"Guo Sheng, please come in."
Lin Baicheng, who learned of Guo Henian's coming from the internal phone, had already guessed what Guo Henian was going to do.
"Lin Sheng!"
After a while, Qin Lan brought Guo Henian in.
"Guo Sheng, sit here."
Lin Baicheng greeted Guo Henian to sit down on the sofa.
When Qin Lan went out, secretary Chen Huixiang came in with a teapot, made tea for Lin Baicheng and Guo Henian, and then went out.
After blowing on the hot air, Guo Henian took a sip of tea and said bluntly, "Lin Sheng, the reason I came to see you is because of the company's stock price. I read the report of "Sing Tao Daily", and the report was pertinent, but The company’s stock price has plummeted today, so someone must be shorting it. Only you, Lin Sheng, know the details of the company’s investment funds. I would like to ask, is the company’s investment a profit or a total loss?”
Lin Baicheng did not answer this question, but said: "Guo Sheng, what I can tell you is that if you believe me, you should continue to hold stocks, and you can even buy bottoms if you have extra funds. I have the same support for the company's development as always. Be confident."
"Lin Sheng, can't you reveal some details?"
Guo Henian couldn't help frowning when he heard the words, Lin Baicheng just said how to convince him completely, after all, this is not a small business.
"Guo Sheng, let me tell you this."
Lin Baicheng smiled and said: "I still hold 49.9% of the shares of Hutchison Whampoa, and I am the company's largest shareholder. If the company's stock price plummets, I will suffer the most, but I haven't sold a single share yet. Stocks, doesn’t that mean something?”
"What Lin Sheng said is true."
Guo Henian seemed to nod suddenly, but in fact he didn't think so, because if Lin Baicheng sold the shares secretly, it would not be impossible for people to find out in a short time.Shareholders announce their shareholding ratios every three months, that is, together with the quarterly report, and the shareholdings for the three to six months are announced in July. Now only Lin Baicheng himself knows his own shareholding situation best.
It's just that you can't say the words of questioning, otherwise you are suspecting that Lin Baicheng is going to cheat him, questioning Lin Baicheng's character, this is completely tearing his face, Guo Henian can't do this now, unless he has already confirmed that Lin Baicheng is cheating him. .
"Lin Sheng, I don't have any extra funds to increase my holdings of Hutchison's stock, and I have mortgaged the shares I currently hold to the bank. When the stock price fell to around 40 Hong Kong dollars, the bank warned me. If it falls further, the bank will definitely ask me to increase the collateral. If I really do that, it will have a big impact on my business plan.”
"I also understand Guo Sheng's difficulties."
Lin Baicheng nodded in understanding, and then said: "Well, if the closing price of Hutchison Whampoa can return to around 40 Hong Kong dollars today, then the stock price will be determined by the market itself. But if it is far away from the price of 40 Hong Kong dollars, then I will hold an interim The board of directors, ask Hutchison Whampoa to buy back some shares tomorrow to give the market some confidence, what do you think?"
"It's naturally the best."
Guo Henian couldn't help but smile when he heard that, as long as the stock price of Hutchison Whampoa can stay above 40 Hong Kong dollars, then he will explain the past to the bank and there is no need to increase the collateral.
Lin Baicheng said in relief: "Guo Sheng, don't worry, as long as you keep holding Hutchison Whampoa shares, you will definitely make a lot of money."
"Of course I believe Lin Sheng!"
Guo Henian immediately said that even though he came to find Lin Baicheng now that he did not trust Lin Baicheng that much, there is no loss in saying a few more good words.
Lin Baicheng just smiled when he heard the words, and Lin Baicheng didn't fully believe Guo Henian's words that he believed him.In his opinion, Guo Henian has some trust in his ability, otherwise he would not dare to buy a large number of Hutchison Whampoa shares; It should not be for Lin Baicheng to raise the stock price of Hutchison Whampoa, but to raise funds to buy the bottom of Hutchison Whampoa.
However, this seems normal to Lin Baicheng, not to mention that he is still young, even if he is replaced by Bao Yugang and others, when the company encounters a crisis, Guo Henian will still not trust him when he should. It is impossible for Guo Henian to gamble on other people's abilities with his own funds.
"Lin Sheng, in fact, I still want to ask, is Hutchison Whampoa's investment profitable or is it a loss?"
Guo Henian asked, and without waiting for Lin Baicheng to answer, he continued: "This question has nothing to do with whether I believe Lin Sheng or not. I think so. If Hehuang's investment is profitable, and now the company's stock price has plummeted , then buying the bottom now will definitely make a lot of money."
"Lin Sheng, with the Hutchison shares held by you and your status as the chairman, it is not suitable to do this, but it can be done by me, Brother Huo, Bao Sheng, and Zheng Sheng. A lot of money to buy bottom."
"Of course, Lin Sheng, although you didn't pay a penny, after you make a profit, 20% of the profit will be used as your remuneration. If there is no information provided by you, Lin Sheng, we will not be able to make this money , Everyone is covered with rain and dew.”
"Guo Sheng, you really gave me a problem."
Lin Baicheng was not too surprised when he heard this. Guo Henian and the others have been in the business world for so many years, and it is normal for them to be keen to spot business opportunities and take action.
Guo Henian couldn't help but smile when he heard the words: "Lin Sheng, this shouldn't have any effect on you."
Lin Baicheng didn't plan to turn against HSBC, so he had an agreement, so he couldn't tell Guo Henian the specific situation. He couldn't guarantee that Guo Henian or Bao Yugang and others wouldn't spread the word.You know, Bao Yugang is still a director of HSBC, who knows whether Bao Yugang will tell Shen Congee the news that Lin Baicheng told him, so he has to guard against it.
Therefore, Lin Baicheng could only say: "Guo Sheng, I have my own difficulties. I can't tell you the details of the investment. I still say the same thing. If you believe me, then you continue to hold Hutchison Whampoa shares. It is even possible to buy bottoms, and I will not disappoint all Hutchison shareholders.”
"Difficulties? What difficulties does Lin Sheng have?"
Guo Henian couldn't help being a little puzzled when he heard the words, but he didn't think that Lin Baicheng would fool him with such words, there was no need for that.That is to say, Lin Baicheng did have something difficult to say, and he couldn't tell him the truth, which made him have to guess what Lin Baicheng's difficulty was.
"Lin Sheng, since you've said that, I can't ask any more. I still have something to do, so I'll take my leave first."
"Guo Sheng, go slowly, I'll see you off."
Lin Baicheng did not persuade Guo Henian to stay.
"Lin Sheng stayed behind, I'll just go by myself."
The two walked to the door of the office, and Guo Henian told Lin Baicheng not to see him off.
Lin Baicheng was not polite any more, watched Guo Henian leave, and then returned to the office.
And Guo Henian, who left Lin Baicheng's office, directly left Hutchison Whampoa Company, got in the car, and went to Huo's house.
Guo Henian had already contacted Huo Yingdong before going to Lin Baicheng, so he knew that Huo Yingdong was at Huo's house, and when he arrived at Huo's house, he followed the housekeeper in and met Huo Yingdong.
"Brother Guo, how did your talk with Lin Sheng go?"
After a while, there were only two people left in the living room, Huo Yingdong asked.
Guo Henian said briefly: "Lin Sheng didn't tell me the details of the investment. He said that he had his difficulties. He could only tell me that he would never be wrong."
Huo Yingdong couldn't help saying: "In this case, we will have no way of knowing whether Hutchison Whampoa's investment has made a profit or a loss."
"you do not say."
Guo Henian nodded in agreement: "I am now worried that Hutchison Whampoa's investment will suffer a loss. As the newspaper said, all 2 million U.S. dollars have been lost. Before that, Lin Sheng himself secretly reduced his shares. , but did not tell us the truth, let us be buried on his ship."
Huo Yingdong shook his head: "It's not that far. With the current scale of Hutchison Whampoa, even if there is an investment loss of 2 million US dollars, it can still have a market value of 80 billion Hong Kong dollars."
Guo Henian said: "It is true to say so, but if Hutchison Whampoa's investment suffers losses, it means that the previous profits are just luck. With Lin Sheng's age, it is hard to believe that he will invest in Hutchison Whampoa. This group is doing well, and the market value may have to be lowered.”
"Hutchison Whampoa has adjusted from more than 60 Hong Kong dollars at the beginning of the year to more than 40 Hong Kong dollars earlier. The trading volume in the middle is not low. There must be people who hold a lot of shares and sell a lot of stocks. I am afraid that this person is Lin Sheng."
Huo Yingdong was a little emotional. Speaking of which, the reason why he was so concerned about the stock price of Hutchison Whampoa was because he held nearly 500 million shares of Hutchison Whampoa, which would be 7000 million Hong Kong dollars at the current market value.
One hundred million or tens of millions of Hong Kong dollars is not too much in terms of Huo Yingdong's net worth, but it is not a small amount. What's more, no one wants to lose money on their investment, and everyone hopes that the stocks in their hands will become more and more valuable.
"To be honest, I really can't judge whether Lin Sheng has difficulties and cannot tell me the truth, so he implies that the stock price of Hutchison Whampoa will inevitably rise in the future, so let me buy the bottom now; or is it that he has sold a lot of shares, but There are still many shares that have not been sold, so we are tempted to buy stocks, and after the stock price is raised, he can sell the stocks himself."
The mall is intriguing. Although Lin Baicheng is young, he was able to earn his current net worth at a young age. Guo Henian dare not underestimate Lin Baicheng, so he cannot judge whether it is a conspiracy by Lin Baicheng.
Huo Yingdong said suddenly: "I think we can still trust Lin Sheng."
"How to say?"
Guo Henian listened to the words.
"Galaxy Game Company."
Huo Yingdong said: "This company is currently in the listing stage, with a valuation of about tens of billions of Hong Kong dollars. Lin Sheng obtained nearly 20 million U.S. dollars by selling 5% of the company. Including the company's shares he currently holds, the market value exceeds 80 billion Hong Kong dollars. .”
"That is to say, even if there is a problem with Hutchison Whampoa, Lin Sheng will still be a rich man with a net worth of tens of billions of Hong Kong dollars, and he will still be the richest man in Hong Kong."
"Since Lin Sheng still has so much wealth, he and his family will still take root in Xiangjiang in the future. In this way, it would be very unwise to offend our Chinese families. I believe that with Lin Sheng's wisdom, he can fight for such a wealth." Wisdom would not do such a thing.”
"What's more, we have some friendship with him. Even if he wants to cheat others, he should cheat others instead of cheating us. What do you think?"
"Brother Huo is right."
Guo Henian nodded thoughtfully in agreement, thinking about it, it really makes sense.Thinking in another way, if he is replaced by Lin Baicheng, he will not choose to cheat the Chinese tycoon he has made friends with since he has not lost much, because doing so will not benefit him at all.
Huo Yingdong said his judgment: "So, I think that now I can boldly buy the stocks of Hutchison Whampoa and buy the bottom."
Guo Henian immediately said: "In this case, then contact Bao Sheng and Zheng Sheng, and let's raise a sum of money together and enter the market to buy the bottom."
Huo Yingdong nodded and said: "I have no problem here. Now that the stock price has plummeted, it's best not to delay and get in quickly."
"It's already early eleven o'clock, and the soonest we can only enter the market to buy bottoms in the afternoon."
Guo Henian looked at the wall clock on the wall. He still had to contact Bao Yugang and the others to pool money together and arrange for people to go to the stock exchange to buy stocks.
When Guo Henian and the others contacted each other, the stock price of Hutchison Whampoa plummeted from the shock price of 35 Hong Kong dollars at the end of the morning to the price of 30 Hong Kong dollars, but it was HSBC who made another effort.
The market either rises or falls, and either falls or rises.
When the stock price of Hutchison Whampoa rebounds to around HK$40, there will definitely be a large number of investors who think that Hutchison Whampoa’s investment is actually profitable, and choose to follow suit to buy stocks, thereby pulling up the stock price again. Now when the stock price is not high, hurry up and buy more.
Fortunately, because it seems to be a sharp downtrend at present, many investors have sold their stocks, and today's trading volume is very large.
When the stock price fell to 32 Hong Kong dollars, Chen Baocai and his gang bought all the funds that had been withdrawn before.In other words, they bought [-]% of the total funds.
However, although Chen Baocai and the others bought at a low price, by the close of the morning, the stocks they bought had lost money, because the closing price of Hutchison Whampoa in the morning was 30.63 Hong Kong dollars, which was more than four points lower than their cost price .
A drop of more than 4%, based on the cost of 5 Hong Kong dollars, is more than 2000 Hong Kong dollars, which is equivalent to several months' wages of ordinary factory workers.
Although it fell a lot, Chen Baocai has no plans to cut the meat. Even if the price falls sharply in the afternoon, he does not plan to cut the meat. He will even cover his positions if the price falls too much to reduce the cost price.He is fighting for a rebound and a reversal with little possibility.
If there is a reversal, Hutchison Whampoa's investment is profitable, and the bulls are strong, then Hutchison Whampoa's stock price is likely to rise to 50 Hong Kong dollars or even higher, and then Chen Baocai will make a lot of money.
It's just that the possibility of a reversal is relatively low, and Chen Baocai doesn't expect a reversal, he just fights for a rebound.Once the stock price rebounded above 35 Hong Kong dollars, if there was a shock, he would sell the stock and earn about 10%, which is not a small amount.
(End of this chapter)
"Boss Lin, Director Guo is here."
"Guo Sheng, please come in."
Lin Baicheng, who learned of Guo Henian's coming from the internal phone, had already guessed what Guo Henian was going to do.
"Lin Sheng!"
After a while, Qin Lan brought Guo Henian in.
"Guo Sheng, sit here."
Lin Baicheng greeted Guo Henian to sit down on the sofa.
When Qin Lan went out, secretary Chen Huixiang came in with a teapot, made tea for Lin Baicheng and Guo Henian, and then went out.
After blowing on the hot air, Guo Henian took a sip of tea and said bluntly, "Lin Sheng, the reason I came to see you is because of the company's stock price. I read the report of "Sing Tao Daily", and the report was pertinent, but The company’s stock price has plummeted today, so someone must be shorting it. Only you, Lin Sheng, know the details of the company’s investment funds. I would like to ask, is the company’s investment a profit or a total loss?”
Lin Baicheng did not answer this question, but said: "Guo Sheng, what I can tell you is that if you believe me, you should continue to hold stocks, and you can even buy bottoms if you have extra funds. I have the same support for the company's development as always. Be confident."
"Lin Sheng, can't you reveal some details?"
Guo Henian couldn't help frowning when he heard the words, Lin Baicheng just said how to convince him completely, after all, this is not a small business.
"Guo Sheng, let me tell you this."
Lin Baicheng smiled and said: "I still hold 49.9% of the shares of Hutchison Whampoa, and I am the company's largest shareholder. If the company's stock price plummets, I will suffer the most, but I haven't sold a single share yet. Stocks, doesn’t that mean something?”
"What Lin Sheng said is true."
Guo Henian seemed to nod suddenly, but in fact he didn't think so, because if Lin Baicheng sold the shares secretly, it would not be impossible for people to find out in a short time.Shareholders announce their shareholding ratios every three months, that is, together with the quarterly report, and the shareholdings for the three to six months are announced in July. Now only Lin Baicheng himself knows his own shareholding situation best.
It's just that you can't say the words of questioning, otherwise you are suspecting that Lin Baicheng is going to cheat him, questioning Lin Baicheng's character, this is completely tearing his face, Guo Henian can't do this now, unless he has already confirmed that Lin Baicheng is cheating him. .
"Lin Sheng, I don't have any extra funds to increase my holdings of Hutchison's stock, and I have mortgaged the shares I currently hold to the bank. When the stock price fell to around 40 Hong Kong dollars, the bank warned me. If it falls further, the bank will definitely ask me to increase the collateral. If I really do that, it will have a big impact on my business plan.”
"I also understand Guo Sheng's difficulties."
Lin Baicheng nodded in understanding, and then said: "Well, if the closing price of Hutchison Whampoa can return to around 40 Hong Kong dollars today, then the stock price will be determined by the market itself. But if it is far away from the price of 40 Hong Kong dollars, then I will hold an interim The board of directors, ask Hutchison Whampoa to buy back some shares tomorrow to give the market some confidence, what do you think?"
"It's naturally the best."
Guo Henian couldn't help but smile when he heard that, as long as the stock price of Hutchison Whampoa can stay above 40 Hong Kong dollars, then he will explain the past to the bank and there is no need to increase the collateral.
Lin Baicheng said in relief: "Guo Sheng, don't worry, as long as you keep holding Hutchison Whampoa shares, you will definitely make a lot of money."
"Of course I believe Lin Sheng!"
Guo Henian immediately said that even though he came to find Lin Baicheng now that he did not trust Lin Baicheng that much, there is no loss in saying a few more good words.
Lin Baicheng just smiled when he heard the words, and Lin Baicheng didn't fully believe Guo Henian's words that he believed him.In his opinion, Guo Henian has some trust in his ability, otherwise he would not dare to buy a large number of Hutchison Whampoa shares; It should not be for Lin Baicheng to raise the stock price of Hutchison Whampoa, but to raise funds to buy the bottom of Hutchison Whampoa.
However, this seems normal to Lin Baicheng, not to mention that he is still young, even if he is replaced by Bao Yugang and others, when the company encounters a crisis, Guo Henian will still not trust him when he should. It is impossible for Guo Henian to gamble on other people's abilities with his own funds.
"Lin Sheng, in fact, I still want to ask, is Hutchison Whampoa's investment profitable or is it a loss?"
Guo Henian asked, and without waiting for Lin Baicheng to answer, he continued: "This question has nothing to do with whether I believe Lin Sheng or not. I think so. If Hehuang's investment is profitable, and now the company's stock price has plummeted , then buying the bottom now will definitely make a lot of money."
"Lin Sheng, with the Hutchison shares held by you and your status as the chairman, it is not suitable to do this, but it can be done by me, Brother Huo, Bao Sheng, and Zheng Sheng. A lot of money to buy bottom."
"Of course, Lin Sheng, although you didn't pay a penny, after you make a profit, 20% of the profit will be used as your remuneration. If there is no information provided by you, Lin Sheng, we will not be able to make this money , Everyone is covered with rain and dew.”
"Guo Sheng, you really gave me a problem."
Lin Baicheng was not too surprised when he heard this. Guo Henian and the others have been in the business world for so many years, and it is normal for them to be keen to spot business opportunities and take action.
Guo Henian couldn't help but smile when he heard the words: "Lin Sheng, this shouldn't have any effect on you."
Lin Baicheng didn't plan to turn against HSBC, so he had an agreement, so he couldn't tell Guo Henian the specific situation. He couldn't guarantee that Guo Henian or Bao Yugang and others wouldn't spread the word.You know, Bao Yugang is still a director of HSBC, who knows whether Bao Yugang will tell Shen Congee the news that Lin Baicheng told him, so he has to guard against it.
Therefore, Lin Baicheng could only say: "Guo Sheng, I have my own difficulties. I can't tell you the details of the investment. I still say the same thing. If you believe me, then you continue to hold Hutchison Whampoa shares. It is even possible to buy bottoms, and I will not disappoint all Hutchison shareholders.”
"Difficulties? What difficulties does Lin Sheng have?"
Guo Henian couldn't help being a little puzzled when he heard the words, but he didn't think that Lin Baicheng would fool him with such words, there was no need for that.That is to say, Lin Baicheng did have something difficult to say, and he couldn't tell him the truth, which made him have to guess what Lin Baicheng's difficulty was.
"Lin Sheng, since you've said that, I can't ask any more. I still have something to do, so I'll take my leave first."
"Guo Sheng, go slowly, I'll see you off."
Lin Baicheng did not persuade Guo Henian to stay.
"Lin Sheng stayed behind, I'll just go by myself."
The two walked to the door of the office, and Guo Henian told Lin Baicheng not to see him off.
Lin Baicheng was not polite any more, watched Guo Henian leave, and then returned to the office.
And Guo Henian, who left Lin Baicheng's office, directly left Hutchison Whampoa Company, got in the car, and went to Huo's house.
Guo Henian had already contacted Huo Yingdong before going to Lin Baicheng, so he knew that Huo Yingdong was at Huo's house, and when he arrived at Huo's house, he followed the housekeeper in and met Huo Yingdong.
"Brother Guo, how did your talk with Lin Sheng go?"
After a while, there were only two people left in the living room, Huo Yingdong asked.
Guo Henian said briefly: "Lin Sheng didn't tell me the details of the investment. He said that he had his difficulties. He could only tell me that he would never be wrong."
Huo Yingdong couldn't help saying: "In this case, we will have no way of knowing whether Hutchison Whampoa's investment has made a profit or a loss."
"you do not say."
Guo Henian nodded in agreement: "I am now worried that Hutchison Whampoa's investment will suffer a loss. As the newspaper said, all 2 million U.S. dollars have been lost. Before that, Lin Sheng himself secretly reduced his shares. , but did not tell us the truth, let us be buried on his ship."
Huo Yingdong shook his head: "It's not that far. With the current scale of Hutchison Whampoa, even if there is an investment loss of 2 million US dollars, it can still have a market value of 80 billion Hong Kong dollars."
Guo Henian said: "It is true to say so, but if Hutchison Whampoa's investment suffers losses, it means that the previous profits are just luck. With Lin Sheng's age, it is hard to believe that he will invest in Hutchison Whampoa. This group is doing well, and the market value may have to be lowered.”
"Hutchison Whampoa has adjusted from more than 60 Hong Kong dollars at the beginning of the year to more than 40 Hong Kong dollars earlier. The trading volume in the middle is not low. There must be people who hold a lot of shares and sell a lot of stocks. I am afraid that this person is Lin Sheng."
Huo Yingdong was a little emotional. Speaking of which, the reason why he was so concerned about the stock price of Hutchison Whampoa was because he held nearly 500 million shares of Hutchison Whampoa, which would be 7000 million Hong Kong dollars at the current market value.
One hundred million or tens of millions of Hong Kong dollars is not too much in terms of Huo Yingdong's net worth, but it is not a small amount. What's more, no one wants to lose money on their investment, and everyone hopes that the stocks in their hands will become more and more valuable.
"To be honest, I really can't judge whether Lin Sheng has difficulties and cannot tell me the truth, so he implies that the stock price of Hutchison Whampoa will inevitably rise in the future, so let me buy the bottom now; or is it that he has sold a lot of shares, but There are still many shares that have not been sold, so we are tempted to buy stocks, and after the stock price is raised, he can sell the stocks himself."
The mall is intriguing. Although Lin Baicheng is young, he was able to earn his current net worth at a young age. Guo Henian dare not underestimate Lin Baicheng, so he cannot judge whether it is a conspiracy by Lin Baicheng.
Huo Yingdong said suddenly: "I think we can still trust Lin Sheng."
"How to say?"
Guo Henian listened to the words.
"Galaxy Game Company."
Huo Yingdong said: "This company is currently in the listing stage, with a valuation of about tens of billions of Hong Kong dollars. Lin Sheng obtained nearly 20 million U.S. dollars by selling 5% of the company. Including the company's shares he currently holds, the market value exceeds 80 billion Hong Kong dollars. .”
"That is to say, even if there is a problem with Hutchison Whampoa, Lin Sheng will still be a rich man with a net worth of tens of billions of Hong Kong dollars, and he will still be the richest man in Hong Kong."
"Since Lin Sheng still has so much wealth, he and his family will still take root in Xiangjiang in the future. In this way, it would be very unwise to offend our Chinese families. I believe that with Lin Sheng's wisdom, he can fight for such a wealth." Wisdom would not do such a thing.”
"What's more, we have some friendship with him. Even if he wants to cheat others, he should cheat others instead of cheating us. What do you think?"
"Brother Huo is right."
Guo Henian nodded thoughtfully in agreement, thinking about it, it really makes sense.Thinking in another way, if he is replaced by Lin Baicheng, he will not choose to cheat the Chinese tycoon he has made friends with since he has not lost much, because doing so will not benefit him at all.
Huo Yingdong said his judgment: "So, I think that now I can boldly buy the stocks of Hutchison Whampoa and buy the bottom."
Guo Henian immediately said: "In this case, then contact Bao Sheng and Zheng Sheng, and let's raise a sum of money together and enter the market to buy the bottom."
Huo Yingdong nodded and said: "I have no problem here. Now that the stock price has plummeted, it's best not to delay and get in quickly."
"It's already early eleven o'clock, and the soonest we can only enter the market to buy bottoms in the afternoon."
Guo Henian looked at the wall clock on the wall. He still had to contact Bao Yugang and the others to pool money together and arrange for people to go to the stock exchange to buy stocks.
When Guo Henian and the others contacted each other, the stock price of Hutchison Whampoa plummeted from the shock price of 35 Hong Kong dollars at the end of the morning to the price of 30 Hong Kong dollars, but it was HSBC who made another effort.
The market either rises or falls, and either falls or rises.
When the stock price of Hutchison Whampoa rebounds to around HK$40, there will definitely be a large number of investors who think that Hutchison Whampoa’s investment is actually profitable, and choose to follow suit to buy stocks, thereby pulling up the stock price again. Now when the stock price is not high, hurry up and buy more.
Fortunately, because it seems to be a sharp downtrend at present, many investors have sold their stocks, and today's trading volume is very large.
When the stock price fell to 32 Hong Kong dollars, Chen Baocai and his gang bought all the funds that had been withdrawn before.In other words, they bought [-]% of the total funds.
However, although Chen Baocai and the others bought at a low price, by the close of the morning, the stocks they bought had lost money, because the closing price of Hutchison Whampoa in the morning was 30.63 Hong Kong dollars, which was more than four points lower than their cost price .
A drop of more than 4%, based on the cost of 5 Hong Kong dollars, is more than 2000 Hong Kong dollars, which is equivalent to several months' wages of ordinary factory workers.
Although it fell a lot, Chen Baocai has no plans to cut the meat. Even if the price falls sharply in the afternoon, he does not plan to cut the meat. He will even cover his positions if the price falls too much to reduce the cost price.He is fighting for a rebound and a reversal with little possibility.
If there is a reversal, Hutchison Whampoa's investment is profitable, and the bulls are strong, then Hutchison Whampoa's stock price is likely to rise to 50 Hong Kong dollars or even higher, and then Chen Baocai will make a lot of money.
It's just that the possibility of a reversal is relatively low, and Chen Baocai doesn't expect a reversal, he just fights for a rebound.Once the stock price rebounded above 35 Hong Kong dollars, if there was a shock, he would sell the stock and earn about 10%, which is not a small amount.
(End of this chapter)
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