Reborn as a Hong Kong Tycoon

Chapter 186
After the stock market opened in the afternoon, the stock price of Hutchison Whampoa continued to rise.

As of the close in the afternoon, the share price of Hutchison Whampoa closed at HK$18.6, with a total market value of HK$74.4 billion.

In fact, the stock price of Hutchison Whampoa broke through 20 Hong Kong dollars at its peak, and the highest price was 20.18 Hong Kong dollars, and then adjusted and fell back. Fortunately, the adjustment was not large.

It is normal for Hutchison Whampoa’s stock price to adjust. You must know that Hutchison Whampoa’s closing price was HK$3.02 last Friday, and today’s closing price is HK$18.6, an increase of 515.9%.With such a large increase, there will definitely be a lot of profit taking, and it is already very good if there is no sharp drop during the adjustment.

On the next Tuesday, the stock price of Hutchison Whampoa continued to rise sharply. The closing price was 23.57 Hong Kong dollars, an increase of 26.72%.

On Wednesday morning, the stock price of Hutchison Whampoa broke through 25 Hong Kong dollars, and the total market value officially exceeded 100 billion Hong Kong dollars.

Lin Baicheng holds 49.9% of the shares of Hutchison Whampoa, which is equivalent to a wealth of 50 billion Hong Kong dollars.It's a pity that this is wealth on paper. Let's not say that he will not sell stocks. Even if he can, with his large holdings, a large number of sales will inevitably lead to a sharp drop in the stock price. Don't even think about selling as much as 50 billion Hong Kong dollars .

During the lunch break, Lin Baicheng went to the Peninsula Hotel to find Mineryu Iwasaki.

Iwasaki Mineryu congratulated: "Mr. Lin, congratulations, the stock price of Hutchison Whampoa broke through 25 Hong Kong dollars, and the total market value reached 100 billion Hong Kong dollars. Your net worth has skyrocketed."

"It's just wealth on paper."

Lin Baicheng shook his head, but he didn't take it seriously.

Iwasaki Mineryu said with a smile: "Even so, Mr. Lin, your wealth has increased a lot."

"That's true."

Lin Baicheng smiled, and said: "Iwasaki-kun, let's not talk about this, let's talk about the delivery price you negotiated with Niu Bijian." They had been talking for two days. Lin Baicheng and Iwasaki Mineryu agreed on a price range and handed over the details to Iwasaki Mineryu. Not long ago, Iwasaki Mineryu contacted him to say that the negotiation was over, so he came here.

Mineryu Iwasaki looked positive, and said with joy: "There are a little more than 3665 million shares, and the transaction price is 9.1 million Hong Kong dollars, which is equivalent to the exercise price of 24.83 Hong Kong dollars per share. This alone made us a profit of 6.9 million Hong Kong dollars. "

"The harvest this time was indeed more than I expected."

Lin Baicheng also had a happy face. At the beginning, he did not expect that the stock price of Hutchison Whampoa could rise to such a high level that both the futures market and the stock market made a lot of money.Although it is a pity that half of it will be distributed to Iwasaki Mineryu, there is no way, because he had no funds at the time, so he had to find someone to cooperate.

Iwasaki Mineryu said: "Mr. Lin, for the remaining short orders, I will sell them above the strike price of 25 Hong Kong dollars. When I see the specific price, I will see how the transaction will be. If it is really impossible, I will just hold the stock when the delivery day arrives." .”

"You can take care of this."

Lin Baicheng nodded. The cost price of the remaining 1.4 million empty orders was only 4.2 Hong Kong dollars. Even if they were sold at an exercise price of 25 Hong Kong dollars, they could still sell for 8.3 million or nearly 8.4 million Hong Kong dollars, or a profit of about 7 million Hong Kong dollars. .

Adding them up, Lin Baicheng and Iwasaki Mineryu can earn about 14 billion Hong Kong dollars in the options market alone, at least more than 1.5 million U.S. dollars each.

"When are you going to start selling stocks? I have already asked people to slowly sell some of the stocks repurchased by Hutchison Whampoa."

Lin Baicheng said that the million Hong Kong dollars repurchased by Hutchison Whampoa was temporarily repurchased with the funds originally used for development. Therefore, a certain number of stocks need to be sold to return the funds, so as not to affect the normal development of the company.

Hutchison Whampoa’s HK$2700 million fund repurchased a total of 1000 million shares, and Lin Baicheng planned to keep 20 million shares. When the stock price exceeded Hong Kong dollars per share, he asked people to sell them slowly to recover the funds.

The reason why 1000 million shares are left is to use them as equity incentives for the management of Hutchison Whampoa.However, although so many stocks are left behind, it does not mean that he will immediately reward them all to the management at that time, but will give them different amounts of stock rewards according to their ability. Just 1000 million shares can be used how many years.

Similarly, the 2780 million Hong Kong dollars raised from companies such as Galaxy Games bought a total of 20 million shares. Lin Baicheng also asked people to sell them slowly after the stock price exceeded Hong Kong dollars. These funds are also used to develop other industries. You can't hold stocks all the time, and you can sell them slowly when the stock price is almost the same.

Iwasaki Mineryu said: "We hold a total of 5500 million shares of Hutchison Whampoa, which is quite a lot. However, the stock price of Hutchison Whampoa will definitely break through 30 Hong Kong dollars per share in the next few days. I am prepared to wait for the stock price to reach 30 Hong Kong dollars per share. What do you think, Mr. Lin, after selling the shares?"

Lin Baicheng was a little worried: "I'm worried that after the stock price reaches that price, it won't be able to go up, and we hold so many stocks, and the stock price will fall if we can't sell much."

"After all options and long orders are settled, even if taxes are paid, it will be enough to recover 2 million US dollars of funds, so we can say that there is no cost on the stock side. Therefore, if necessary, we can hold the stock for a longer period of time."

Iwasaki Mineryu said something, and then asked: "Now I want to ask Mr. Lin, is it true that your holdings will not be sold in large quantities? Regarding Hutchison Whampoa's performance this year, do you have any guesses, can you The supported price of 20 Hong Kong dollars per share?"

"The shares I hold will not be sold in the past two years. I am not fooling the shareholders."

Lin Baicheng gave an affirmative answer, and then said: "As for the performance, I dare not make too many guarantees with Iwasaki-kun, but I can guarantee that Hutchison Whampoa's performance within the next two years can support the stock price of 50 Hong Kong dollars per share. Even higher is entirely possible."

Lin Baicheng is still not talking too much. By the beginning of the 80s, using gold futures to do more, he can guarantee that the total profit of Hutchison Whampoa in the past two years will inevitably exceed 50 billion Hong Kong dollars, or even more. In addition to the recovery of the real estate industry, Housing prices continue to rise, and the market value of 200 billion Hong Kong dollars is nothing to Hutchison Whampoa.

"I believe what Mr. Lin said!"

Iwasaki Mineryu was a little surprised that Lin Baicheng had such confidence, but anyway, these are pure profits, so he said: "My confidence is even greater when Mr. Lin said that. We can definitely sell after the stock price breaks through 30 Hong Kong dollars. If it falls down, it can be sold as long as it is above 25 Hong Kong dollars, and if it falls again, just hold it for the time being.”

"As long as Iwasaki-kun doesn't dislike the slow return of funds."

Lin Baicheng nodded and had no objection. Anyway, this time he must have made a lot of money.

After the stock market opened in the afternoon, a large number of delivery orders appeared in the futures market, and the delivery of orders worth 4.55 million Hong Kong dollars was completed.This was an agreement between Niu Bijian and Iwasaki Minelong. The reason why only half was delivered was because the remaining half would not be delivered until the next week. Niu Bijian and the others needed time to raise funds.

Iwasaki Minelong didn't object to this, anyway, even if Niu Bijian and the others regretted not delivering at that time, they would still have to return the stock when the time came, there was no big difference.

Niu Bijian and the others will definitely not regret it. Unless the stock price of Hutchison Whampoa falls sharply in the next week and falls below the price of 20 Hong Kong dollars, otherwise it will be meaningless for them to regret it.Because if they choose to return the stocks, they must buy a large number of stocks, which will inevitably make the stock price continue to rise, and then the cost price they buy will not be low, so there is no point in returning the stocks.

In fact, they are still buying stocks now, even if the stocks for securities lending are repaid, they are still buying. They are completely speculating in stocks, planning to make more money by doing more, so that they can reduce their losses.

(End of this chapter)