Reborn in Hong Kong as a Tycoon

Chapter 604 Leaving Early

Time to enter a new week, the stock market and futures market began trading.

The international gold price, which Lin Baicheng is most concerned about, quickly broke through the price of 700 US dollars per ounce on Monday morning, and did not fluctuate. Instead, it continued to rise rapidly, as if it was constantly hitting new highs.

This trend did not change Lin Baicheng's decision. His own gold futures orders were continuously sold in secret, and at the same time, the gold futures orders under the name of Hutchison Whampoa also began to be shipped.

The gold futures operated by Golden Fleece Company moved more than one order, and all powerful institutions on Wall Street knew about it immediately.

However, you know what you know, but Wall Street institutions have no way to stop Golden Fleece from shipping.

The major institutions on Wall Street have previously agreed that after raising the price of gold to 700 US dollars per ounce, they will no longer unanimously go long, but each decide how to operate, continue to go long or close the long order.

After discovering that the multiple orders of Golden Fleece Company had been shipped, there were differences among the major institutions.Some continued to do long positions according to the original plan, some decided to stop long trades to see the situation temporarily, and some who were planning to sell at a higher price immediately chose to close their long positions.

Disagreement among institutions still has a certain impact on the trend of gold prices. The Golden Fleece Company and Lin Baicheng himself continue to sell long orders, but the funds to take over the pallets have decreased, so the rapidly rising gold price naturally slowed down.

Fortunately, it only slowed down the rate of rise, rather than turning from rise to fall. The overall trend of gold prices is still upward.

That is to say, Lin Baicheng's clearing of long positions in gold futures has an impact on the rise of gold prices, but the impact is not so great that it reverses the trend of gold prices. His influence is limited.

Lin Baicheng didn't know that much. In his opinion, his shipments had no impact on the gold price trend, and the gold price was still rising, so of course he continued to ship.

Two days later, Lin Baicheng left New York on a private plane on Wednesday night and flew directly to Xiangjiang.

In the past three days, the price of gold has broken through 730 US dollars per ounce, and it has risen by as much as 5% in the three trading days. However, Lin Baicheng’s gold futures orders that he has not yet sold are only worth billions of dollars. The shipment in a few days went very smoothly.

As for Hutchison Whampoa's gold futures long orders, more than half of them have been sold out. If the price of gold continues to rise, all positions can be closed at the price of 750 US dollars per ounce.

Because there are not many orders in the remaining gold futures, Lin Baicheng decided to leave the United States ahead of time, and let Haruko Mori help him sit in New York to avoid accidents at the last minute.

Although he feels that the possibility of an accident at the last minute is very small, Lin Baicheng does not want to take risks. Anyway, the more than 150 billion US dollars he had previously liquidated has been transferred to the accounts of major overseas banks and funds, even if the remaining funds are transferred due to an accident. If he doesn't leave, then he is nothing more than making less money. First of all, he must ensure that the person is okay.

In Lin Baicheng's view, as long as others are not in the United States and have tens of billions of dollars in funds, even if something happens, at most he will not go to the United States in the future or even give up the American market. He can still be his super rich, his own Safety is the most important thing.

When Lin Baicheng returned to Xiangjiang, it was already Friday morning in Hong Kong time, while it was just Thursday afternoon in New York.

Lin Baicheng got in touch with Haruko Mori and learned that nothing happened in New York. The price of gold continued to rise, sprinting towards the price of 750 US dollars per ounce, and he placed part of the long order with Hutchison Whampoa.

Lin Baicheng was very happy to learn that New York was fine.

Because it was early in the morning when he returned to Xiangjiang, Lin Baicheng did not go back to his home in Repulse Bay, but spent the night in one of the villas outside.

When he was on the plane, Lin Baicheng had jet lag, so he got up normally in the morning and went back to Repulse Bay.

"Son, when did you come back?"

Lin's mother, Zhao Huilan, was a little surprised that Lin Baicheng didn't say anything in advance when he came back this time.

"Mum, good morning."

Lin Baicheng first said hello, and then said: "I arrived in Xiangjiang in the early morning, and I was afraid that it would affect your rest, so I spent the night outside."

Zhao Huilan said: "It doesn't matter what it is, it's better to come back to spend the night at night."

"I see."

Lin Baicheng responded, not planning to argue with the old man. "I made a temporary decision to come back this time, so I didn't tell my family in advance."

"It's okay, your work is more important."

Zhao Huilan didn't think there was anything wrong with this. She called Lin Baicheng to her side, and said, "Son, let me tell you something. If you have no objection to the wedding date of your sister and Yufeng, I will settle it with your father." gone."

After hearing this, Lin Baicheng said immediately: "Mom, what opinion can I have? It mainly depends on my sister. If she decides to marry Cheng Yufeng, then she will marry. I have no opinion."

"Our family can have such a good life now, and you need to prepare a generous dowry for your sister. It's okay not to ask your opinion. Of course it's best if you don't have any problems."

As she said that, Zhao Huilan continued: "The date has been set, it will be March 3th, which is after the Lantern Festival."

"it is good!"

Lin Baicheng nodded.

Zhao Huilan said: "Son, what do your father and I mean? Now our family is not a small family, so if possible, it is best to hold your sister's wedding in a big way, so that your sister can get married in a good manner, and in the future, she will be married at her mother's house." It also saves face, and it will be easier, what do you think?"

"no problem!"

Lin Baicheng agreed without even thinking about it when he heard the words. Parents all over the world have the same heart. When a daughter gets married, anyone who has the conditions hopes that the wedding can be held beautifully.Cheng Yufeng's family background is not bad, but he can't talk about the word "rich", so if he wants to have a good wedding, of course he has to rely on the Lin family.

"Mom, money is not a problem. Not counting the dowry, I will spend 1000 million Hong Kong dollars to hold a wedding for my eldest sister. I think this amount of money is enough for a beautiful wedding, don't you think?"

"How can I use so much money? It's too wasteful to spend so much money. Hundreds of thousands of Hong Kong dollars are enough."

Zhao Huilan immediately waved her hands when she heard this. It was true that they wanted to do a good job, but they would never be willing to spend tens of millions of Hong Kong dollars on a wedding, even though they knew that the money was not a big amount for their son. no.

Although hundreds of thousands of Hong Kong dollars is not a lot, but for an ordinary family, it is not so much money to live frugally for decades, so hundreds of thousands of Hong Kong dollars is enough to hold a beautiful wedding.

"Mom, getting married is a major event in life. This is the first time my eldest sister gets married, and I hope it will be the last, so it must be done in a more beautiful way. Let me see it this way. I will arrange someone to assist you in the preparation of the wedding. You don't have to think about how much it will cost. , anyway, this time it must be done in a splendid manner.”

Lin Baicheng found that the scenery in his eyes was different from the scenery in the eyes of his parents. The elders were not necessarily willing to spend money, so it was better for Qin Lan to find someone to do it, and there was no need to save money.

"This must be your sister's only wedding."

Zhao Huilan patted Lin Baicheng angrily, and then said: "Anyway, you have money now, so you can do it more beautifully, so that your father and I can look good. But son, you must remember that you must not waste money. Money can't do that either."

"Mom, don't worry, I'm sure I won't be extravagant."

Lin Baicheng immediately responded. Although he no longer has any concept of money in life, and needs to eat well, but he is not extravagant and wasteful, after all, he spends the money he earns.

Lin Baicheng did not stay at home for too long. After his personal secretary Chen Huixiang came over, he went to Hutchison Whampoa with her.

"Mr. Lin!" "Good morning, Mr. Lin!".
Seeing Lin Baicheng coming to the company, the employees who hadn't seen Lin Baicheng for a long time bowed and said hello from a distance.

"Boss Lin!"

When Lin Baicheng took the elevator up, Wei Li waited outside the elevator with someone.

"Let them go to their own business, Wei Li, come with me to my office."

Lin Baicheng spoke to Wei Li.

Wei Li waved his hands to let others go to work, while he followed behind Lin Baicheng.

After entering the office, Lin Baicheng asked Chen Huixiang to notify Lin Shufang and Yuan Tianfan from Galaxy Bank to come over, and then asked Wei Li to sit opposite him and talk.

Lin Baicheng asked Wei Li on the opposite side: "How is the development of Hutchison Whampoa recently? Have you encountered any difficulties?"

Wei Li said: "It's all small problems, we can handle them well, you don't need to worry about it yourself, Mr. Lin."

"Hearing you say that, then I'm relieved."

Lin Baicheng smiled. It is impossible for a company as big as Hutchison Whampoa to have no problems, but if there are problems, it is good to solve them. Of course, it is best for Wei Li and the others to solve them. Once he needs to do it himself, it means that it is not a small problem.

Wei Li said: "Mr. Lin, the company's stock price is now rising with the rise of gold prices, but you also know that there is no reason for the stock price to only rise and not fall, so I am worried that the company's stock price will not rise too much. There will be an adjustment down.”

"This is normal."

Lin Baicheng nodded: "If the company's stock price falls, let him fall. What we have to do is to run the company well, so that the company's revenue and profits will grow every year, so that the shareholders' investment will be rewarded. As for the stock price, when it falls sharply, we will It is indeed necessary to maintain, but the company's stock price has risen a lot, unless it falls to a certain level, there is no need for us to intervene."

Wei Li reminded: "Mr. Lin, what you said is true, but I am worried that someone will take the opportunity to short our company's stock."

"Let's talk about it after someone goes short."

Lin Baicheng shook his head. If it weren't for him as the major shareholder and chairman of the company, he couldn't short Hutchison Whampoa and could only choose to go long. He would have wanted to short Hutchison Whampoa at a high position.

Therefore, if someone really shorts Hutchison Whampoa this time, Lin Baicheng will not take action to protect the stock price, at least he will intervene only after the price falls to a certain level.

In a word, they have already started to sell stocks, how could Lin Baicheng spend money on high pallets, he is not a good person.

Wei Li tentatively asked: "Boss Lin, is the company investing in long gold futures this time? If that's the case, the company must have made a lot of money this time."

Lin Baicheng glanced at him and said with a smile: "This time is also luck. I originally wanted to go long on the price of gold and then go short, but I didn't expect the price of gold to rise suddenly, so the company's investment this time can be said to be a big profit. .”

"Speaking of this matter, I am really distressed. Last time, the company's investment profits and additional funds were used to invest in the company's various businesses. This time, the company's investment has made a huge profit of 80 billion Hong Kong dollars. I don’t know what to do with the money.”

Lin Baicheng is not worried at all that Wei Li will spread the word, and he even hopes that Wei Li will spread the word. If Wei Li does not do this, he will disclose it to the public after the long position is closed, so that the stock price of Hutchison Whampoa can continue to rise. He was able to secretly sell some shares in Hutchison Whampoa.

The current market value of Hutchison Whampoa is about HK$500 billion, but its net assets are about HK$200 billion. The sudden increase in profits of HK$80 billion is equivalent to net assets of nearly HK$300 billion. The valuation is not too outrageous.

With a sudden increase of 80 billion Hong Kong dollars in investment profits, shareholders will definitely have a higher premium on the valuation of Hutchison Whampoa.To put it simply, shareholders believe that Lin Baicheng will develop the company better, make the company more profitable, and are optimistic about the company's stock price and prospects.

"Boss Lin, what you said is really the distress of happiness."

Wei Li was smiling, but he didn't know what to say in his heart. If only he had such 'troubles' when he first took over Hutchison Whampoa.

Lin Baicheng asked, "Wei Li, how do you think the company should spend the money?"

Wei Ideal thought for a while and said: "The company has already invested a lot of funds in various main businesses, and there is no need for reinvestment in the short term, otherwise it will easily cause waste of resources, so I think part of the funds can be used as dividends, and part of the funds can be used as dividends. to open up new markets.”

"Forget about the dividends. After all, the last dividend was in August last year, less than half a year ago."

Lin Baicheng shook his head and rejected the dividend proposal. The real reason was that he had already started selling Hutchison Whampoa shares. Although he did not sell much now, it did not affect his profit in dividends.

But Lin Baicheng has already started to sell stocks now. If he gets another huge dividend, the outside world will know that he has reduced his shareholdings a few months later, and the outside world will think that he made a fortune before reducing his holdings at a high level.

Originally, the reduction of holdings at a high level has already made the stockholders criticize. If they make a lot of money before leaving, the reputation will be even worse.

At this time, Chen Huixiang walked in and said that Lin Shufang and Yuan Tianfan had come.

"Let's stop talking here first. You go back and think about how to use the funds. We'll talk next time."

Lin Baicheng immediately told Wei Li to go back first. He wanted to have a private chat with Lin Shufang and Yuan Tianfan. His sister Lin Shufang and Yuan Tianfan helped him secretly sell Hutchison Whampoa shares.

"Boss Lin, then I'll go out first."

Wei Li got up and went out in response. At the door, he met Lin Shufang and Yuan Tianfan who came in. He greeted them and left.As for what these two people came to report to Lin Baicheng, it had nothing to do with him, and he would not waste time guessing.

(End of this chapter)