Reborn in Hong Kong as a Tycoon

Chapter 511 Vivien Kelly's Generous Writing (Two in One)

On Sunday, Vivien Kelly's plane came to Xiangjiang.

Vivien Kelly told Lin Baicheng before she came here that she said she had something to report to Lin Baicheng and hoped to have a face-to-face interview. Lin Baicheng had no reason to refuse.

And Lin Baicheng is the boss. Vivien Kelly reported to Lin Baicheng for something. The two were not in the same place. Naturally, Vivien Kelly went to Lin Baicheng.

Because Vivien Kelly's plane landed in the evening, Lin Baicheng simply asked Vivien Kelly to dine at the villa in Repulse Bay.

After dinner, the two went to the study to chat.

The two are in a superior-subordinate relationship, so there is no politeness, Lin Baicheng said directly: "Vivien, tell me what you have to report."

"Chairman, first of all, among the funds you entrusted to us to operate, the part of the funds that are long gold futures."

Vivien Kelly said: "At the beginning we used a principal of 250 million US dollars to do long at around 5000 US dollars / ounce, and we used 5 times leverage. Profit. We decided to close out long orders first, and after the gold price adjusts, we will go long gold futures with 300 million US dollars, or use 20 times leverage.”

Lin Baicheng told Vivien Kelly when he decided to close the long order, so he didn't say anything, but said: "The profit of 5000 million US dollars, what are you going to do with it?"

"I want to use it to go long on oil futures. I think oil prices still have a lot of room to rise. However, Doug and Brown also want more funds to operate their trading, so I only get 2000 million US dollar funds, I hope to get more support from Mr. Lin.”

Vivien Kelly and the others have their own operating funds. After all, this is related to their performance commissions. Everyone wants to operate more funds. The higher the results, the more commissions they will get. many.

At the beginning, it was proposed by everyone to use 5000 million US dollars to do long gold futures, so the profits obtained should be distributed according to their contributions. It is impossible to say that Vivien Kelly thinks that there is still room for oil prices to rise and give it all to Vivien Kelly. Greg Gordon and Sun Yiyang also said that they have better opportunities in the area they operate, so can they still give them all the funds?
Lin Baicheng asked aloud: "I remember that at the beginning of the year, you used your funds to invest in oil futures. What's the situation now?" He only had a general understanding of this matter.

"When the oil price was still $10, I used $1 million in principal and 3 times leverage to go long. The average cost price was $10.1. Later, I evened out long positions at an average price of $13.22, deducting leverage interest and handling fees. , with a profit of up to 9000 million U.S. dollars."

"After that, the oil price had a short-term adjustment as I predicted, and I bought a long order of US$12.5 million at an average price of US$1 without using any leverage."

"Now the oil price has returned to $13, and the total funds I can operate include the profit of $2000 million in gold futures, a total of $2.3 million, deducting the $1 million that has been long on oil futures, the funds I can operate now are only That leaves $1.3 million."

Vivien Kelly heard the words and said all the funds she could operate. Her profit in oil futures was as high as 9000 million U.S. dollars. She said that this was mainly to let Lin Baicheng know her ability.

"So you can go long oil futures with $2.3 million?"

Lin Baicheng couldn't help raising his eyebrows after hearing this. He remembered that Golden Fleece had 3.72 million US dollars after selling part of Hutchison Whampoa's stock, of which Vivien Kelly received 1.7 million US dollars, mainly because she was the first Joining the Golden Fleece, Doug Gordon and Yiyang Sun split the remaining $2.02 million.

However, Lin Baicheng recruited two more outstanding talents later, so he set aside 4000 million US dollars from Vivien Kelly, and the other two each set aside 2000 million US dollars, and a total of 8000 million US dollars was equally distributed to the two talents for operation.

The later two people have less capital to operate. After all, they are latecomers, unless they make better results, or someone among Vivien Kelly, Doug Gordon, and Sun Yiyang is eliminated. Otherwise, they will inevitably be overwhelmed.

Calculated, Vivien Kelly's 1.7 million US dollars at the beginning of the year deducted the 4000 million US dollars allocated, which is equivalent to operating 1.3 million US dollars and becoming 2.3 million US dollars.The long position in gold futures has not been liquidated, and the profit has not yet been recorded, but the 5000 million US dollars invested in the long position has 2000 million US dollars of principal of her operating funds, so if calculated, her current principal should be 2.5 million US dollars Dollars are right.

The principal of 1.3 million U.S. dollars became 2.5 million U.S. dollars, and the profit was nearly 100%. Among them, the profit from long oil futures contributed the most.

Vivien Kelly said: "Chairman, now that the oil price has changed again, I think it is very likely that the oil price will continue to rise. There was a revolution in Iran last year, and oil was suspended at the beginning of this year. Given the situation there, it is likely to happen again. For events that affect oil prices, capital is forward-looking, and I think this is an important reason for the continued rise of oil prices.”

"Therefore, I hope that the chairman can give me more support and provide me with more funds to operate. I am confident that I can bring more returns to the company."

"What kind of support do you need from me?"

Lin Baicheng was silent for a moment when he heard the words. The long-term trend of oil prices must be bullish. In terms of short-term fluctuations, if Lin Baicheng remembers correctly, oil prices peaked at nearly 80 US dollars per barrel in the early 40s.In other words, if you are long oil futures now, even if you buy just before the adjustment, you will not lose money as long as you bear the losses.

"I hope to have $20 billion in operating funds, whether it is to increase my leverage multiple authority or give me more financial support. But if possible, I hope to have more funds. If the leverage multiple is too high, the risk Relatively speaking, it will be bigger."

Although Vivien Kelly doesn't know the phrase "outrageous prices, pay back when you land", she understands similar principles. In fact, she is satisfied with 15 billion US dollars in operating funds.

"The operating capital of 20 billion U.S. dollars, based on your current principal of 2.3 million U.S. dollars, is almost 10 times leverage, which is indeed quite high."

As Lin Baicheng spoke, he couldn't help thinking deeply, and didn't make a decision right away.

Seeing this, Vivien Kelly did not disturb Lin Baicheng's thinking.

After a while, Lin Baicheng said: "I can't give you too much money now, but I am still optimistic about your judgment, so I decided to support you. Doesn't the Golden Fleece Company still have 1070 million shares of Hutchison? Whampoa stocks? If you sell these stocks slowly, Hutchison Whampoa will be profitable after a while, and you should be able to sell them at an average price higher than 60 Hong Kong dollars, that is, you can sell more than 1.5 million Hong Kong dollars, that is, $[-] million."

"1.5 million US dollars, plus the 2.3 million US dollars you manipulated, a total of 3.8 million US dollars, operating 20 billion US dollars of funds is just more than five times the leverage, the risk is not too big."

Lin Baicheng knows that Hutchison Whampoa will definitely rise sharply in the future, but the profit of oil futures will not be low, but will be higher, because oil futures will use leverage.

What's more, the Hutchison Whampoa shares held by Lin Baicheng himself will also be reduced at that time. Selling the Hutchison Whampoa shares from the offshore company now can reduce the pressure on Lin Baicheng to reduce his holdings at that time.

"Chairman, thank you for your trust and support, I will definitely not let you down."

Vivien Kelly couldn't help being overjoyed when she heard that, she didn't expect Lin Baicheng to actually give her 20 billion US dollars in operating funds, which was an authority she could never have obtained when she was at Merrill Lynch.

"Ok!"

Lin Baicheng nodded and reminded: "The amount of funds of 20 billion US dollars is not small. Remember to invest separately, keep it hidden, and don't let other funds focus on it."

"I will do a good job in related work, don't worry."

Vivien Kelly nodded to express her understanding, and Lin Baicheng didn't need to say that she knew how to do it.

Looking at Vivien Kelly, Lin Baicheng continued: "Vivien, there is one thing I want to agree with you first. If the funds will make a lot of money in long oil futures, no matter if I withdraw part of the funds from the Golden Fleece Company , or divide some of the profitable funds for other people to operate, the funds you can operate later will not be all profits plus principal, you have to be mentally prepared for this.”

"Chairman, I understand what you mean."

Vivien Kelly herself didn't think about such a beautiful thing, but she did not forget to fight for her own interests, saying: "But if I make huge profits for the company, I hope the chairman can give me more operating funds. Since my ability is stronger than others, I should operate more funds than them.”

"Well, I'll think about that."

Lin Baicheng nodded slightly, and said with a smile: "You mentioned to me the establishment of the fund at the beginning of May. If I am satisfied with the results you have made this time, then I will approve your establishment of the fund, and the first established fund will be established. Entrusting the management of the fund to you is my reward for you."

"Thank you for the trust of the chairman."

Vivien Kelly was overjoyed when she heard the words. Managing a fund is not only related to the rights, but also related to the performance commission. Anyway, there are many benefits.

"Chairman, since you have agreed to the company's establishment of a fund, our company's performance on the surface must not be bad, so this time we are long oil futures, and the company's account on the surface uses a principal of 5000 million US dollars. What do you think? "

"can."

Lin Baicheng nodded without any objection, and said: "The premise of establishing a fund is that I am satisfied with the performance you have made this time, so I will not discuss the specific matters related to the fund now, and we will talk about it later."

Vivien Kelly didn't have any objection after hearing it, but it's really too early to say this now.

Lin Baicheng reminded: "Regarding the sale of Hutchison Whampoa stock, you can do it at your own pace, but do it in a more concealed manner, and don't let people know that it is related to me."

"I'll leave this matter to someone else."

Vivien Kelly nodded in understanding.

After that, the two chatted for a while, and Vivien Kelly left the villa in Repulse Bay and went to the hotel where she was staying.

After eleven o'clock in the evening, Lin Baicheng contacted Haruko Mori in Los Angeles.

In the conversation with Vivien Kelly today, Lin Baicheng probably talked to Haruko Mori, and asked Haruko Mori to remember to supervise the funds for long oil futures.This has nothing to do with Lin Baicheng's distrust of Vivien Kelly. What's more, Lin Baicheng and Vivien Kelly have not known each other for a long time. With a principal of nearly 4 million US dollars, if he trusts Vivien unconditionally Kelly, then he is a fool.

After Mouri Haruko agreed, she mentioned one thing.

This matter is related to Pioneer Technology Venture Capital Company. Lin Baicheng invested 1000 million US dollars in this company. Before this company participated in the financing of Apple, it spent 1 million US dollars for 250% of the shares. Now it is also participating in the financing of New Century Software. , the same 1% stake is not less than 500 million US dollars, which adds up to about 800 million US dollars.

In this case, the remaining capital of Pioneer Technology Venture Capital Company is only about 200 million US dollars, not to mention that the manager Iger Dema has already spent nearly 100 million US dollars investing in several start-up companies. , the remaining funds in the company's account are only about $100 million.

Haruko Mori just asked Lin Baicheng if he wanted to invest another sum of money in Pioneer Technology Venture Capital Company.

"In a few days, I will give another 500 million US dollars to Pioneer Technology Venture Capital, so that Iger Dema can continue to invest in potential companies."

Lin Baicheng thought for a while and said, it's only 500 million US dollars, and it should be used as a training for Aiger Dema. Maybe the blind cat will catch several potential companies when it encounters dead mice, and get rich returns.

Haruko Mori responded: "Okay, I will talk to Egg Dema about this, and at the same time I won't let him spend money indiscriminately."

Lin Baicheng said: "Well, Qingzi, in addition to doing a good job in the final review of the investment, you should also be optimistic about the company's investment in the company's shares, especially the part that I lead. A stake in a company is sold."

After hearing this, Haruko Mori immediately said: "Chairman, don't worry, this kind of thing is impossible, not only because of me watching, but also because Egg Dema dare not do such a thing."

"I also believe that he dare not do this, and I also believe that you can take good care of it. I am just reminding you."

Lin Baicheng was just reminding him to be prepared.

The two chatted for a few more words, and Haruko Mori suddenly changed her voice and said softly, "Baicheng, when will you come to Los Angeles?"

"If there is no accident, when the financing of New Century Software Company is officially finalized, I will go there."

The New Century Software Company is valued at hundreds of millions of dollars, so Lin Baicheng has no reason not to go there.

"You won't be here for long, will you?"

"Ah."

"Then you can come and see me then."

"I will, don't worry, Haruko."

"I'll wait for you, Baicheng."

"..."

After another ten minutes, Lin Baicheng and Mouri Haruko ended the call.

After the call was over, it was almost twelve o'clock in the evening. Lin Baicheng didn't contact anyone or do anything else, and went to the bedroom to rest.

(End of this chapter)