Reborn as a Hong Kong Tycoon

Chapter 181 The cruel truth

In this world, there are few things that money can't solve.

And buying a high-level executive who knows the details of Hutchison Whampoa Gold Investment in HSBC is definitely not something that money can't solve, it's nothing more than the amount of money that needs to be spent.

It’s just to reveal a piece of news, and there’s no need to do anything bad. If you do it in a more secretive way, you don’t have to worry about being sued by HSBC, and it may not even be revealed at all. Therefore, on Saturday evening, Niu Bijian, who asked people to do this, had to Know the specific details.

"Shit! Damn it!"

Niu Bijian was so annoyed when he learned the truth that he threw the microphone out of his hand.

"What to do now? What to do?"

Niu Bijian was a little panicked. You must know that Jardine's short position this time accounted for 4% of the 30 million Hong Kong dollars, which is 1.2 million Hong Kong dollars.Although 4 million of the 1.8 million Hong Kong dollars was lost, and the profit was nearly 8900 million Hong Kong dollars, they still have 2.2 million Hong Kong dollars in empty orders. At that time, the empty order of 2.2 million Hong Kong dollars was entirely possible to lose 2 million Hong Kong dollars or even more.

In this case, not only did the investment in Jardine not make money, but it would lose money, and the loss was not small, at least tens of millions of Hong Kong dollars.

"Damn it, if I knew I shouldn't have listened to them!"

Niu Bijian cursed angrily, and after calming down a bit, he called Li Jiacheng, Feng Jinxi, and Bob, and asked them to meet immediately, because he had something to tell them.

Everyone was in Xiangjiang, so after half an hour or so, the four of them met in a hotel box.

Niu Bijian was not polite, and said directly: "It has been found out, Hutchison Whampoa is actually making money, not losing money."

"Sure enough!" "Damn it!" "Shit!"

Li Jiacheng, Feng Jinxi and Bob had already guessed something before coming here, but after hearing what Niu Bijian said, they were still very disappointed and angry.Niu Bijian called to tell them that they had found out the investment details of Hutchison Whampoa, but he did not tell them the good news. They naturally had a bad premonition in their hearts, and now this bad premonition has come true.

The truth is so cruel. Before today, their short selling still made a lot of money, but now it has turned into a huge loss.

"Li Jiacheng, what is going on here? Didn't you say that Hutchison Whampoa's investment was long, how did it become short?"

Bob looked at Li Jiacheng angrily. Originally, he should have made money by holding 5% of Hutchison Whampoa's shares. Now, he has not only sold the shares at a low price, but also shorted them in reverse. He is about to lose another sum. I don't know how big his loss is.

"Fross, who is in charge of trading at Hutchison Whampoa, told me that Hutchison Whampoa's funds are long gold futures."

Li Jiacheng, who was still full of disappointment, frustration and anger, calmed down after hearing Bob's questioning. He looked at Bob and said, "Also, Mr. Bob, you are the director of Hutchison Whampoa. , Whether this investment of Hutchison Whampoa is long or short, logically speaking, you should know better than me."

"you"

People habitually blame others, and Bob is no exception, so Li Jiacheng's words made him even more angry.

"Well, now is not the time to argue."

Feng Jinxi stopped him and said to Niu Bijian, "Tell me the specific details of Hutchison Whampoa's investment. You should know the specific investment data, right?"

"I know."

Niu Bijian nodded, and Bob listened carefully when he saw this.

"First of all, Mr. Li's investigation is not wrong. At the beginning, Hutchison Whampoa's investment was indeed long. With a principal of 1.5 million US dollars, it used 5 times leverage with HSBC to operate 7.5 million US dollars to go long gold futures. The cost price It was $188 per ounce. And at the beginning of last month, Lin Baicheng had people liquidate these long orders, and the selling price was $196 per ounce, and this investment made him a total of nearly $3200 million."

"When the long position was closed, Lin Baicheng asked people to backhand short, because he operated the relationship with his own hands, so except for a few senior executives of HSBC, no one knew that he had changed from long to short. Hutchison Whampoa Over there, I guess no one knows about it except Wei Li."

"How much is his short-selling fund? What is the cost price? Have you sold it now?"

Feng Jinxi directly asked three consecutive questions, because now he wants to know the specific data even more.

Niu Bijian heard the words and said solemnly: "The short-selling fund is still US$7.5 million, and the cost price is US$195.75/oz. It has not been sold yet. Before I came here, I asked someone to ask. , he made a fortune on this investment.”

"In contrast, we will lose a lot."

Li Jiacheng added something aloud, and then calculated in his heart.Li Jiacheng's mental arithmetic level has not been specified to the last two digits of the decimal point. He just made a rough estimate. The cost price is 195, and the current price is 171, a drop of 12.3%. Dollar.

Adding in the nearly 3200 million US dollars earned by doing long before, that is a minimum of 1.2 million US dollars and a maximum of 1.3 million US dollars, which is not much different from the principal of 1.5 million US dollars.

"That's true."

Feng Jinxi, who also calculated the approximate figure, didn't know what to say. At least 5 million Hong Kong dollars in profits, based on the market value of Hutchison Whampoa before Lin Baicheng took over, was about 27 billion Hong Kong dollars. to how high.

Although this is just an investment profit, not the company's annual operating profit, many people do not see this, and the short-term stock price is bound to rise sharply, and their short-selling is also short-term, so the short-term stock price rise is fatal to them influence.

"I think we need to discuss how we can minimize our losses."

Feng Jinxi said aloud that Hutchison Whampoa's investment has made too much profit. After the news was announced, the short side had no room to struggle, and the stock price would inevitably rise sharply. A good stop loss is the most important thing.

"Yes, we should have a good discussion."

Li Jiacheng agreed aloud, but he was very happy in his heart.Because he had thoughts about Hutchison Whampoa and a bad premonition in his heart, he had someone buy some Hutchison Whampoa stocks two days ago. The ratio is less than 1500%, but at least it can save him some losses.

Niu Bijian and Bob both nodded and had no objection.

Li Jiacheng, Feng Jinxi, Niu Bijian and Bob discussed for a long time, and they thought of many strategies on how to minimize their investment losses.

(End of this chapter)