Reborn in Hong Kong as a Tycoon

Chapter 537 Announcement of Huge Benefits (Two in One)

Friday morning Hong Kong time.

Hutchison Whampoa sent invitation letters to various media outlets in Hong Kong, saying that it was going to release an announcement that would have a major impact on the company.

Hutchison Whampoa is the company with the highest market value among the listed companies in Hong Kong, and to some extent it can be said to be the largest company in Hong Kong. The media will not refuse the invitation of Hutchison Whampoa.

Because Hutchison Whampoa invited various media, this matter cannot be hidden from people at all, especially the institutions that are long and short Hutchison Whampoa.

Knowing that Hutchison Whampoa has a major impact announcement to be released, not knowing whether the announcement is good or bad, all institutions choose to wait for the news to land.

Therefore, before ten o'clock when the press conference officially started, only some retail investors who did not know the news were trading in the stock of Hutchison Whampoa. The trading volume was not large, and the fluctuation of the stock price was not large.

The time soon came to ten o'clock, and the press conference of Hutchison Whampoa was officially held at the company headquarters.

This time Lin Baicheng did not participate in the press conference, and Wei Li, the head class of Hutchison Whampoa, came forward.

At the beginning, the master of ceremonies talked about the precautions for the press conference, and then went to Wei Li to speak.

"Good morning, friends from the press, I'm Wei Li!"

"I know that everyone must be curious about what Hutchison Whampoa has to announce. I can guarantee that this news will definitely not disappoint everyone."

"Here, I am entrusted by Mr. Lin to announce good news to all shareholders of Hutchison Whampoa."

"The US$2 million fund that the company entrusted to a third-party investment company for operation in February ended the investment operation and completed the settlement this week."

"The investment profit this time, after deducting interest, handling fees, taxes, bonuses and royalties, is finally left with 9.83 million U.S. dollars."

"In other words, the investment for more than half a year has brought a profit of US$9.83 million to the company, which belongs to all shareholders of the company."

Wei Li was very excited, and he had reasons for being excited, not only because he was the head class of Hutchison Whampoa, but also because he had received equity incentives and held some shares of Hutchison Whampoa.

The company makes money, the stock price rises, and the stocks held are more valuable. Wei Li, whose wealth has increased, is naturally excited.

"9.83 million U.S. dollars?!" "Did I hear you right?" "Really?!" "How could Hutchison Whampoa make so much money after more than half a year's investment?" "Nearly five times the profit, which is too much." It's scary!"...

The reporters present couldn't help discussing after hearing this, and couldn't believe Wei Li's words.

More than 41 billion Hong Kong dollars, let alone more than half a year's profit, there are not many companies with a total market value of Xiangjiang higher than this figure, how dare people believe it easily.

Wei Li also knew that the announced news was hard to believe, so he didn't interfere with the reporters' comments, and didn't let the reporters discuss it in order to maintain the order of the scene.

"Everyone, please listen to me."

After about 3 minutes, Wei Li said: "I know this news is shocking and unbelievable, but it is true, 9.83 million US dollars have been transferred to the company's account, and this fund will be at the company's disposal. "

"Regarding the use of funds, the company will hold a board meeting and decide whether to announce it to the public based on the method of use. I will not explain it here for the time being."

"I know that everyone must have a lot of doubts. Next is the time for reporters to ask questions, and I will answer them one by one."

After Wei Li's words fell, all the reporters raised their hands, and the master of ceremonies signaled the reporters from the media under the Asia Star Media Group to take the lead in asking questions.

For no other reason, Asian Star Media is also the property of Lin Baicheng, chairman of Hutchison Whampoa. Of course, he must take care of his own people first.

The reporter got up and introduced himself first, and then asked: "Dapan, you said that Hutchison Whampoa made a profit of 9.83 million US dollars in more than half a year, so can you tell me what kind of investment Hutchison Whampoa has made in more than half a year? How about nearly 5 times the profit?"

"I can answer that question for you."

Before the press conference, Wei Li already knew from Lin Baicheng which questions could be answered and which questions could not be answered.

"The company handed over the funds to a third-party company to invest in financial management, invest in gold futures, and use ten times leverage to do more. However, the international gold price has risen by 60.00% from February to now, so the company's investment has nearly five times the profit. return."

The master of ceremonies then chose a reporter to ask questions, and he was also a reporter from the media under the Asia Star Media Group.

"Taipan, I would like to ask, after Hutchison Whampoa has completed the investment settlement, will there be any funds for investment? Will the funds be used for investment in the future?"

"These are two questions, but I can answer you both."

For his own people, Wei Li is still very tolerant: "First of all, the first question is that the company currently has no funds to invest, so there will be no investment gains or losses for the time being; as for the future, I can only say that there will be huge There may still be investment, after all, the company has made a lot of profits from investment many times, but this kind of matter can only be decided by Mr. Lin, once a large amount of money is invested, the company will make an announcement."

"I would like to ask Taipan, the company has earned more than 41 billion Hong Kong dollars in profits from investment. This is a profit that the company will take at least several years. With such huge benefits, do you think the company's stock price can break through the previous high and reach 300 billion yuan?" What about the market value of the Hong Kong dollar?"

"I personally have great confidence in the development of Hutchison Whampoa. I believe that under the leadership of Mr. Lin, the company will develop better and better, and the market value will hit new highs one after another. Let alone 300 billion Hong Kong dollars, 400 billion Hong Kong dollars The market value of Hutchison Whampoa will not be the high point."

"This is not a dream, not a fantasy, but a reality that is gradually realized. When the company was first acquired by Mr. Lin, the market value of the company was less than 30 billion Hong Kong dollars. After breaking through the market value of 200 billion Hong Kong dollars."

"Now the company's market value has exceeded 250 billion Hong Kong dollars, and the market value of 300 billion Hong Kong dollars is only 50 billion Hong Kong dollars. I don't think it will be a problem."

The master of ceremonies continued to select reporters to ask questions, and this time they were finally not reporters under the Asia Star Media Group.

"Master Wei Li, I remember that Hutchison Whampoa needs to pay a 10% profit commission when entrusting a third-party investment. May I ask why the company doesn't operate it by itself? In this case, more than 1 million US dollars of profit commission can be saved, and the company can earn More isn't it?"

This reporter's question was not as kind as the reporters under the Asia Star Media Group, it was very tricky.

Faced with the reporter's tricky question, Wei Li's expression remained unchanged, and he said calmly: "This reporter friend, since Hutchison Whampoa did this, there is a reason for it. I think everyone wants to know the reason, so I will come to Say it."

"First of all, if the operation is entrusted to a third-party company, it can be more secretive and not known by other institutions, so that the company's funds will not be blocked. The company's 2 million US dollars of funds use ten times leverage. If you lose 10%, your position will be closed, so you must keep it confidential.”

"What's more, the company is not a professional investment company after all. When to buy and when to sell, no professional company knows better. Taking selling as an example, we may choose to sell when the price of gold rises to $300 or $350 , while professional companies sell at a high point, absorbing higher profits for the company.”

"Therefore, whether it is for the safety of investment funds or to obtain higher profits as much as possible, it is reasonable to entrust a professional company, and the profit commission is worthwhile."

Lin Baicheng guessed that he might be asked this, so he told Wei Li in advance how to answer.

It was the next reporter's turn to ask: "I noticed that the stock price of Hutchison Whampoa suddenly rose sharply last Friday and this week. The increase is quite astonishing. Is this because there are funds to get the news in advance and then buy stocks in advance?"

"There can be no insider trading in Hutchison Whampoa!"

Wei Li first said firmly, and then explained aloud: "Actually, I am not surprised by the company's recent stock price rise. As early as earlier, there were rumors that the company was long gold futures, although I don't know Know where the news came from, but it happened to be guessed right."

"Therefore, as the international gold price rises, the outside world knows that the company's investment has made huge profits, so it will buy a lot of stocks. It is normal for the market to react in advance."

"Since this is the case, Hutchison Whampoa's stock price should continue to rise along with the price of gold. Why did it suddenly rise in a few trading days?" A reporter asked.

Wei Li: "Rumors are rumors after all. Few people will spend a lot of money to gamble because of rumors. However, as the price of gold continues to rise, Hutchison Whampoa's stock price has a higher room for growth. Naturally, there will be funds to choose to gamble. .”

"Master Werley..."

"..."

At the press conference, Wei Li methodically answered questions from the reporters.

Since Wei Li announced the huge benefits to the outside world, some institutions that specially sent people to watch at Hutchison Whampoa have successively learned what the announcement that Hutchison Whampoa is going to release is.

9.83 million US dollars, equivalent to a profit of 41.286 billion Hong Kong dollars. This amount of money is not enough for Hutchison Whampoa to earn for ten years, at least it is no problem for Hutchison Whampoa to earn for five years.

Faced with such a high profit, although it is only a one-time investment profit, not an annual operating profit, it is still a huge super positive for the market.

The closing price of Hutchison Whampoa yesterday was 66.97 Hong Kong dollars. Before ten o'clock, the stock price of Hutchison Whampoa kept fluctuating, barely breaking through 67 Hong Kong dollars, a small increase.

When some institutions learned of the huge benefits announced by Hutchison Whampoa, they immediately bought Hutchison Whampoa's stocks regardless of the cost, regardless of whether the institution was long or short before.

Short sellers are not fools. Everyone knows that in the face of such huge benefits, the stock price of Hutchison Whampoa will inevitably skyrocket. .

As for the futures market, the short sellers directly issued a delivery order of 70 Hong Kong dollars. Unfortunately, the bulls did not choose to settle at this price at all, and the bulls wanted more.

Faced with this situation, short sellers in the futures market must either place a delivery order at a higher price, or pray that the stock price of Hutchison Whampoa will fall below 70 Hong Kong dollars when the delivery period comes, or they can only buy Hutchison Whampoa shares from the stock market .

Buy stocks now, and when the delivery period is up, you can directly deliver the corresponding number of stocks to the bulls. How high the stock price rises has no effect on the delivery.

Hutchison Whampoa has huge benefits. The capital market is naturally optimistic about its stock price, and funds will choose to go long.

There is a lot of money to go long, plus the shorts want to buy back the stock, which means that the shorts also become longs, and a huge amount of funds enters the market to go long on the stock of Hutchison Whampoa.

As a result, the stock price of Hutchison Whampoa broke through the price of 5 Hong Kong dollars in just 70 minutes, broke through the previous high, and hit a new historical high.

Now the order is placed manually, so it takes a little longer, otherwise, if it is replaced by a full computer transaction, it may take only 1 minute to break through the price of 70 Hong Kong dollars.

The stock price of Hutchison Whampoa is still rising, and many investors who don't know the details sell their stocks, fearing the adjustment after the sharp rise.

In the capital market, it is very important to know the news faster.If those who sell stocks know that Hutchison Whampoa has a huge profit of more than 41 billion, they will definitely choose to sell their stocks at a higher price.

Ten minutes after Wei Li announced the good news, relevant news spread on the four major exchanges, and retail investors knew that Hutchison Whampoa had such a huge good news.

At this time, a large number of retail investors brandished their accounts and lined up to enter the stock of Hutchison Whampoa, and did not shrink back because the market value of Hutchison Whampoa was close to 300 billion Hong Kong dollars.

Retail investors are buying, long institutions are buying, and short institutions are also buying.

All the funds are driving the rise of Hutchison Whampoa's stock price. Although many low-level buying funds choose to take profits, it does not affect the overall rise.

When the early trading ended, Hutchison Whampoa rushed to the highest price of 79.85 Hong Kong dollars, and finally closed at 78.68 Hong Kong dollars. Compared with yesterday's closing price of 66.97 Hong Kong dollars, it rose by 17.49%, and its total market value was as high as 314.7 billion Hong Kong dollars.

The stock price of Hutchison Whampoa was blocked at HK$80, but there were not many callbacks, and new funds entered the market to take over the profit-taking sell-offs.

Xiangjiang's stock market has no price limit, so the stock price may continue to rise in the afternoon.

Of course, although the possibility is not great, it is also possible that Hutchison Whampoa's share price will fall sharply in the afternoon.

Lin Baicheng is also paying attention to the changes in the stock price of Hutchison Whampoa today, but he did not stare at the exchange, nor did he have people report the stock price to him at all times. He asked people to report every half an hour or after the stock price rose to a certain price.

The stock price of Hutchison Whampoa did not break through the price of 80 Hong Kong dollars in the early trading. Lin Baicheng speculated that it would break through and stand at this price in the afternoon. The price of 80 Hong Kong dollars will definitely not be the end of this round of rise.

However, the price of 100 Hong Kong dollars will be quite a strong pressure level, and it will definitely not be easy to break through this price.

Therefore, at what price to sell the bought Hutchison Whampoa stock, you must carefully consider it.

At noon, as various newspapers published midday newspapers and TV stations reported midday news, the benefits of Hutchison Whampoa's huge profits spread throughout Xiangjiang and became known to more people.

(End of this chapter)