Reborn in Hong Kong as a Tycoon

Chapter 633 The price of gold turned down, and each took action (two in one)

Hong Kong Kai Tak International Airport.

Lin Baicheng specially came to the airport to see off people on Thursday morning. Phil Smith, Logan Rockefeller, and Claure Rockefeller were going back to the United States together this morning.

Yesterday afternoon, Claure Rockefeller had already signed a financing contract with Changsheng Medicine and Biological Company, and officially became a minority shareholder of the company. Now that the matter is over, he will naturally go back to the United States.

As for Phil Smith and Logan Rockefeller, if they hadn't waited for Claure Rockefeller to go back together, they would have gone back to the United States yesterday.They don't have business to do in Xiangjiang, but the United States needs them to go back to work.

Iwasaki Mineryu also came to see him off. His investment in gold futures has ended, and he will naturally not go to the United States if he has nothing to do.He is working here in Xiangjiang now, and if he has nothing else to do, he will spend most of his time here in Xiangjiang.

As for Wade Thomas, he hasn't left Xiangjiang yet, and he will stay in Xiangjiang for a few days. He was sent to Xinghe Game Company to inspect and investigate. Goldman Sachs asked him to write a detailed research report on Xinghe Game Company.

Because the plane hadn't taken off yet, Lin Baicheng and others waited among the VIPs, drinking tea and chatting.

Phil Smith asked Lin Baicheng: "Allen, when are you going to the United States next time?"

"If there are no major incidents in my company over there, I should go there in half a month. The exact time is to be determined. In half a month, my sister will get married. I will definitely stay and attend her wedding."

Lin Baicheng said that Lin Shufang and Cheng Yufeng's wedding date is March 3, and today is February 6, so there is only half a month left.

Phil Smith nodded: "That's too late, don't forget to attend my wedding with Anna."

"Don't worry, I won't forget."

Lin Baicheng smiled and patted Phil Smith on the shoulder. Phil Smith and Anna Nord's wedding date is Friday, March 3, and his sister's wedding is separated by half a month, unless there is something happening on Xiangjiang's side Important events made Lin Baicheng unable to leave, otherwise he would definitely go to Phil Smith's wedding, and it happened that Lin Baicheng had something to do around that time.

"But Smith, I still say the same thing. If there is a major incident, I can't participate. Don't blame me."

"If that's the case, I certainly won't blame you, Allen."

Phil Smith nodded to express his understanding. Lin Baicheng had so many companies. If something important happened, he would not be able to ask the other party to put down the things he had to deal with and attend his wedding. That would be completely difficult.

"Alan, what price do you think the gold price will fall to this time?"

Several people turned to chatting about other things, and Claure Rockefeller suddenly asked.

"Speaking of this topic now, Iwasaki-kun will probably die of grief."

Lin Baicheng heard the words and looked at Iwasaki Minelong, because the international gold price finally collapsed during the daytime on Wednesday, New York time, from rising to falling.

The international gold price broke through the US$900/oz price before 910.85:900 am on Wednesday in New York, reaching a peak of US$[-]/oz, and then dived below the US$[-]/oz price in just a few seconds, and then continued to fall sharply.

That day, the price of gold closed with a sharp drop of 5.12%, closing a negative line with a long upper shadow. Because of the time difference, Xiangjiang will not know the news of the ups and downs until after [-] o'clock in the evening, and the price of gold will not be known until after midnight. news of the fall.

However, Lin Baicheng learned the news this morning. His gold futures operations were only Hutchison Whampoa's $8 million short order, and the volume was not very large, so his subordinates did not need to report the news to him overnight.

The price of gold turned from rising to falling, and it still fell sharply. Although there is still a possibility that the short side will resist and cause the price of gold to fluctuate or rise, this possibility is too low because the price of gold has risen so much before. If the bears are strong, the bulls can't resist at all, so the gold price is more likely to continue to plummet next.

In this case, Iwasaki Mineryu, who was short before but conceded defeat and left the market, would be at a loss. If the price of gold continues to plummet later, not only did he not make a lot of money that he should have made, but he left the market at a loss. He is not depressed and vomits blood No wonder.

That's why Lin Baicheng said that Iwasaki Mineryu might be heartbroken to mention this topic.

"It's okay, Mr. Lin, just say it, I can bear it."

Iwasaki Mineryu smiled reluctantly. Although he was already sad, angry, and depressed when he heard the news in the morning, he still couldn't calm down when he thought of it now, so he could only pretend to accept it in front of Lin Baicheng and others.

"Hey, things have already happened, Iwasaki-kun, you still want to open a little bit."

Seeing this, Lin Baicheng comforted Iwasaki Mineryu, and then said: "I can't judge to what price the gold price can fall, but judging from the huge increase in the previous gold price, I think there must be no problem falling below $600 per ounce. But Well, I didn’t go short myself, so I opened a short position with Hutchison Whampoa, so I’m going to look lower. If the price of gold doesn’t fall below $500 per ounce, I won’t close the short position and keep holding it. After half a year or a year, it can fall to a lower price."

Because of the small amount of short-selling funds, Lin Baicheng was not worried that his small amount of funds would be blocked by Wall Street institutions, so he truthfully stated his judgment.

If Lin Baicheng had funds secretly selling short at this time, he would definitely not express his thoughts so honestly. He had to be careful about Claure Rockefeller. Watch out for his funds being blocked.

Now that Hutchison Whampoa has a small amount of short-selling funds, Lin Baicheng is not worried about that short-selling order being blocked at all, not to mention that he does not hold 100% of Hutchison Whampoa shares, and now he does not even have 40% of the shares. what.

Logan Rockefeller agreed quite a bit: "The price of gold has indeed risen a lot in the past. The higher it rose before, the harder it will fall next."

Claure Rockefeller also said: "The possibility of a sharp drop in the price of gold is relatively high."

Iwasaki Mineryu is thinking about one thing at this moment, that is, since the price of gold will drop sharply next, he can enter the market and sell short, at least earning some relief to comfort his heart.

However, it is hard to say whether entering the market at this time can succeed in shorting.Other capitals are not fools either. With the price of gold plummeting, there are very few capitals that open long orders and short positions against opponents. Even if there are, there must be many short-sellers waiting.

Of course, as the price of gold continues to fall, there will definitely be more funds to boldly choose to take a gamble and rebound, but at this time, the risk of being short in the opponent's market increases, because the rebound after the sharp drop is likely to occur.

Thinking of entering the market and shorting to make a fortune, Iwasaki Mineryu did not express his thoughts, because he had previously sold short and cut his flesh and left the market, and now he will enter the market to short again. It would be fine if he made money later, but if there was another loss, He will definitely be made fun of, be considered incompetent, and be looked down upon by everyone, which is not what he wants.

If you really want to say it, you have to wait until you make money to say it.

Not long after, the voice at the airport reminded that the flight check-in was about to take off, and the five of them ended their chat, and the three of Phil Smith checked in and boarded the plane.

Lin Baicheng and Iwasaki Mineryu also separated after leaving the airport, and they both went their own way.

……

Jardine Matheson.

"Chairman, I have found out that it was Li Jiacheng of Cangjiang Industrial who entrusted HSBC to acquire the shares of the telephone company owned by the group. I also found out that Cangjiang Industrial received a loan of 6 million Hong Kong dollars from HSBC a while ago."

The secretary reported to Henry Kessack that Jardine Matheson is still very strong, and it has many cooperations with HSBC, so it is not difficult to get a message from HSBC.

"A loan of 6 million Hong Kong dollars? Li Jiacheng is going to buy a telephone company."

After hearing this, Henry Kessack immediately made a judgment. With the current market value of the telephone company of less than 11 billion Hong Kong dollars, the loan of Cangjiang Industrial to 6 million Hong Kong dollars, plus the cash flow of Cangjiang Industrial itself, is indeed enough to acquire the telephone company .

It is not necessary to acquire 100% of the shares of the telephone company, as long as the acquisition of close to 50% of the shares is enough, it can even be said that 40% of the shares are enough to obtain control of the telephone company.

"Have someone check to see if there was a big change in the stock price of the telephone company yesterday, and if there was any abnormality in the trading volume."

"I've had someone check it out. The stock price of the telephone company fell yesterday, but not much. The trading volume has increased, but it's still impossible to judge whether there is anything unusual."

The secretary replied that the secretary who really knows how to do things is usually prepared before the boss gives orders.

"Let people observe whether there is a large amount of money buying shares of telephone companies from the stock market in the past two days."

Henry Cassack nodded in satisfaction, and then gave orders. He wanted to know if Li Jiacheng had started to buy shares in the telephone company from the stock market.

"Yes, Chairman."

The secretary responded.

After thinking for a while, Henry Kessack said again: "Please inform the directors that the company will hold a board meeting at three o'clock tomorrow afternoon to discuss the acquisition of the telephone company. I hope the board of directors can pass the proposal to acquire the telephone company tomorrow."

Henry Kessack decided to speed up the acquisition of the telephone company. However, although the Kessack family is the major shareholder of Jardine Matheson and has been in control of Jardine Matheson for several generations, the Kessack family holds no more than half of the shares of Jardine Matheson. Therefore, this kind of acquisition involving at least hundreds of millions of Hong Kong dollars will definitely be approved by the board of directors.

However, this kind of board of directors is usually just a formality. The control of Jardine Matheson by the Keswick family is not just talking about it. Unfortunately, it keeps going downhill, otherwise all the directors will support the Caesarker family.

The secretary replied: "Okay, I will notify the directors in a while."

"Let the finance company make an evaluation report on the acquisition of the telephone company. I want to know what price is the most suitable for the acquisition of the telephone company."

"Also, to conduct a more detailed investigation on the telephone company, it is best to get in touch with the management of the telephone company and find a way to get the management to stand on our side."

"Almost forgot, Li Jiacheng will definitely not give up easily when investigating a Cangjiang Industry. Let's see if he can cause some trouble for Cangjiang Industry."

Henry Kessack ordered that although the board of directors had not approved the acquisition proposal for the telephone company, in his opinion there would be no surprises, so he had already started preparations for the acquisition of the telephone company.

"Yes, Chairman!"

The secretary was taking notes so as not to forget. After Henry Kessack finished speaking, he said, "Chairman, about the funds for the acquisition of the telephone company?"

The reason for asking this question is because the secretary knows that Jardine Matheson does not have much cash now, and it needs to find another way to acquire the funds for the telephone company.

"You don't have to worry about the funding issue, I will arrange it when the time comes."

Although there is not much cash in Jardine Matheson's account, there are many subsidiaries under Jardine Matheson. Transferring a little from each subsidiary, less than one billion Hong Kong dollars can still be collected.

What's more, if it doesn't work, you can still find a bank loan. Henry Kessack is not worried at all that HSBC will not give Jardine Matheson a loan. Even if HSBC does not approve the loan, there is still Standard Chartered Bank.

Henry Caesark made arrangements for the acquisition of the telephone company, so Cangjiang Industry and Li Jiacheng themselves would naturally not do nothing.

Cangjiang Industrial purchased the stock of the telephone company from the stock market. In order not to raise the stock price of the telephone company too high, Cangjiang Industrial bought and bought shares while short selling the stock, but the acquisition was more than the sale. .

Lin Baicheng learned from Qin Lan yesterday that there are funds for the stock of the telephone company, and he bought it while suppressing the stock price. He immediately asked Qin Lan to arrange for someone to buy a small amount of stock. Don't disturb the other party for the time being, to buy time.

Cangjiang Industrial started from the stock market, and Li Jiacheng himself started to contact the minority shareholders of the telephone company through the contacts of HSBC, and planned to buy some shares of the telephone company from the minority shareholders at a premium.The acquisition here is using his own funds.

Qin Lan is in charge of the acquisition of the telephone company. Of course, she is not inactive. She also arranged for someone to contact the minority shareholders of the telephone company, and also bought the shares held by the minority shareholders at a premium.

At present, the news that Lin Baicheng intends to acquire the telephone company has not been leaked. What Qin Lan has to do is to buy as many shares of the telephone company as possible before the news leaks, and strive to make Lin Baicheng's shareholding in the telephone company reach 35%. There won't be much change.

All parties are taking action, and now it depends on who is faster.

At present, Lin Baicheng must have the advantage, because his current shareholding ratio of the telephone company is close to 30%, and he is already the largest shareholder of the telephone company.

However, it is true that Lin Baicheng is the largest shareholder, but this does not mean that he will definitely be able to acquire the telephone company.If the controlling party of the current telephone company and Jardine Matheson join hands, the two parties can hold 30% of the shares, surpassing Lin Baicheng. With the relationship between the controlling party and the minority shareholders, it is entirely possible to increase the shareholding to 40% before Lin Baicheng. % or more, let Lin Baicheng fetch water from a bamboo basket in vain.

Therefore, before the winner is determined, Lin Baicheng must be careful about the acquisition of the telephone company, and do a good job in the acquisition work with heart.

(End of this chapter)