Reborn as a Hong Kong Tycoon

Chapter 319 He Huang's long and short battle ()

After returning, Henry Cassack, Michael Kadoorie, George Swire, and John Madden called the people who participated in the short sale to hold a meeting.

After discussion, they all agreed that Hutchison Whampoa's stock price is basically unlikely to be stable above HK$30 without huge benefits, unless there are a lot of funds that are optimistic about Hutchison Whampoa's stock price and continue to buy, abruptly raising the stock price. , but this possibility is small.

After calculation, the average selling price of the 7000 million shares they shorted was above 30 Hong Kong dollars. As long as the stock price of Hutchison Whampoa does not exceed 30 Hong Kong dollars, then their short selling will not lose money.

What's more, this time they are short Hutchison Whampoa has the factor of showing the strength of the British-funded family with its bright muscles. If it ends now, it will not be able to deter the Chinese-funded family at all. Instead, it will be considered useless. Virtual table.

Therefore, combined with various factors, they decided to continue to borrow stocks from HSBC to sell short. At the same time, they tried to attack Hutchison Whampoa through various channels, causing a lot of negative news about Hutchison Whampoa, guiding investors to follow suit and sell stocks, and suppressing the stock price.

After the decision was made, in the afternoon, Henry Caesark went to HSBC to borrow stocks on behalf of everyone, and borrowed 4000 million shares of Hutchison Whampoa again.At the same time, they will also lobby HSBC's board of directors to let HSBC make a decision to reduce its holdings of Hutchison Whampoa, which will be a big negative.

Henry Cassack came to borrow stocks, Shen Porridge certainly had no reason not to lend them, and the two parties happily signed the securities lending contract.Having said that, regardless of whether Henry Kessack and the others can succeed in shorting this time, HSBC, which lent a large amount of stocks, has already made a fortune. The stock value exceeds 30 billion Hong Kong dollars, and the interest alone is a lot.

Although they borrowed stocks, Henry Cassack and others did not sell a large number of stocks immediately, because they had to wait for the negative and bad news of Hutchison Whampoa to appear, and then selling a large number of stocks would lead to a large number of panic orders and bring down the stock price together. Smash it down.

There is no movement on the short side, and Lin Baicheng, the bull, is naturally even more silent. He doesn't have a lot of good news that he hasn't announced.

Lin Baicheng worked in Qizhou Yingni Company that day. He transferred several middle-level managers from Hutchison Whampoa to work in Qizhou Yingni Company. With the original management of Qizhou Yingni Company, it is enough to manage the company well.

The Kane family's departure from Qizhou Yingni Company will definitely give up some positions. Lin Baicheng himself also needs to place trustworthy people in key positions such as finance and personnel. Fortunately, these are high-level managers, and there are not many middle-level managers. It has no effect, so not many people leave.

When a company is acquired, unless there is a relationship with the original boss, everyone must decide what to do or how to do it. After all, they are part-time workers, and everyone gets the same salary.

With the cooperation of Gu Luo Kane, the handover of Qizhou Yingni Company is progressing steadily.

While eating at home in the evening, Lin Baicheng suddenly received a call from Wei Li.Lin Baicheng knew very well that Wei Li would not have called his home at this time if something serious hadn't happened.

"Willie, what happened?"

"Mr. Lin, just now I received a report from the London branch, saying that someone reported our company for tax evasion, and the IRS came to check the accounts."

Wei Li's voice was a little anxious. It is definitely not good news for the IRS to come to check the accounts at this time.

"Then have we evaded taxes?"

Lin Baicheng asked in a deep voice. The reason why he asked this was because there must be no major tax evasion, but he was afraid that the people below would secretly do this for their own benefit and harm the company.Although the following people will not make a large amount of money by themselves, but if they are caught, the dirty water must be poured on the company.

Wei Li said: "No, I heard from the people below that the National Taxation Bureau came to check the company's previous investment in gold prices to pay taxes."

Lin Baicheng warned: "It's good if there is no one, but let people watch it, but we don't have to evade taxes, but we are planted."

"I'll be watched."

Wei Li agreed, and then said: "What's more, when the National Taxation Bureau came to the door, reporters soon came to the door. I suspect that relevant reports will appear in various newspapers tomorrow morning. This is obviously someone behind the scenes. The method is likely to be done by the short-selling British family."

"Remove the word 'possible'. There will be no one else in this matter except them."

Lin Baicheng snorted. The incident happened in London. Recently, Hutchison Whampoa was shorted by the British-owned family. The British-owned family has the strength to cause trouble in London. Who else could it be except them.If it was a coincidence, he wouldn't believe it even if he was killed.

Wei Li said: "Mr. Lin, I'm worried that this is just for fun, and they may have other actions in the future. Since they are short, of course they want to suppress the company's stock price. Once there is a lot of negative news about the company, the stock price will inevitably rise again. Fall."

Lin Baicheng agreed with this: "Well, you are right, do you have any good ways to deal with this?"

Wei Li said helplessly: "In addition to seeing tricks, the company is going to the bank to borrow a sum of money and find a way to buy back some stocks."

"In this case, tomorrow you arrange for people to contact the major banks in Xiangjiang to see if you can borrow a sum of money from the bank to buy back the stock price."

When he said this, Lin Baicheng felt a little regretful. His Galaxy Bank has just completed the merger and reorganization. Although he also played the title of the richest man in Hong Kong and asked some Hong Kong residents to deposit their money in Galaxy Bank, Galaxy Bank’s deposits are not many after all. , There is no way to give Hutchison Whampoa too many loans.

Loans of tens of millions of Hong Kong dollars can be taken out, but the problem is that it is meaningless.Even if the stock price of Hutchison Whampoa falls, it will cost more than ten Hong Kong dollars per share. 100 million shares is more than 1000 million Hong Kong dollars, and 100 million shares only account for 0.25% of the total number of shares. Such a small buyback is useless.

Wei Li said: "If it really doesn't work, we can transfer the funds used for the company's development. There are still hundreds of millions of Hong Kong dollars."

"If the stock price is not low enough, the funds used for development must not be used, which will slow down the company's development progress."

Lin Baicheng did not completely veto it. If the stock price of Hutchison Whampoa dared to fall to around 15 Hong Kong dollars, he could use the company's funds to buy back, and sell it after the stock price rose to make a fortune.The company's delayed development time is fully compensated by the hundreds of millions of Hong Kong dollars in profits.

After chatting for a few more words, the two ended the call.

Both Lin Baicheng and Wei Li knew very well that since the British-invested family of the air side had made a move, there was a high possibility that there would be another move in the future. There was a storm waiting for Hutchison Whampoa ahead.

　(Thanks to 'There is always a stunner who wants to fuck me' for the big reward and support!)
　　
　
(End of this chapter)