Reborn as a Hong Kong Tycoon
Chapter 736
(not modified yet)
The 1978 annual reports of each company are in Lin Baicheng's hands, and he has read them all, so he has a clearer understanding of the development of each company in 1978.
At the same time, Lin Baicheng began to calculate his other income in 1978.
When Hutchison Whampoa was shorted by Li Jiacheng and Feng Jinxi for the first time in 1978, Lin Baicheng approached Iwasaki Fenglong to cooperate, and the two made a lot of money by going long Hutchison Whampoa.At that time, it was Iwasaki Minelong who contributed the capital, but in the end Li Lan was divided equally between Lin Baicheng and Iwasaki Minelong.
At that time, the two made a profit of 24.795 billion Hong Kong dollars, which was Lilan after tax, and Lin Baicheng received 12.4 billion Hong Kong dollars at that time.
In addition, Lin Baicheng himself also transferred 5.103 million Hong Kong dollars from Galaxy Games to Yum Securities at that time. He also bought the bottom at a low level and went long on Hutchison Whampoa. The after-tax profit at that time was million Hong Kong dollars.
The 5.103 million Hong Kong dollars is after-tax benefits, and the more than 5000 million Hong Kong dollars in taxes to be paid will be placed in Yum Securities and handed over to Anyuan for their operation, and they will report and pay taxes at the end of the year.
Adding up the two sides, the first time Hutchison Whampoa was shorted, Lin Baicheng's profit was 17.503 billion Hong Kong dollars. These are after-tax profits.
Later, due to the adjustment of the international gold price, Lin Baicheng made a profit of 4.22 million Hong Kong dollars by operating Goldman Sachs' long gold futures.
Then Bao Yugang asked Lin Baicheng to help buy Wharf stocks. Although Jardine's increase in holdings later changed the plan, Lin Baicheng bought a lot of stocks at a low price at the beginning. Later, Bao Yugang joined in the acquisition of Wharf , sold at a high stock price, and made a profit of 4400 million Hong Kong dollars after tax, a small profit.
After that, Lin Baicheng settled the profit of long gold futures. The after-tax profit of the Goldman Sachs channel was 9.92 million US dollars, the after-tax profit of the London channel was 7200 million US dollars, and the after-tax profit of the Tokyo channel was 7360 million US dollars. The total after-tax profit of US$11.376 billion is the profit of Lin Baicheng's own capital investment, and has nothing to do with the company.
11.376 billion U.S. dollars, converted into Hong Kong dollars, is 47.7792 billion Hong Kong dollars, which is not far from 50 billion Hong Kong dollars.
The last big profit was when Hutchison Whampoa was shorted. This time it was shorted by many British-funded families. Lin Baicheng used a principal of 1978 million US dollars to buy the bottom of Hutchison Whampoa’s stock through the channel of an offshore company, because there was no timing in 5910. The profit in cash is million shares of Hutchison Whampoa.
Of course, it is now January 1th, and the Hutchison Whampoa stocks in the hands of offshore companies have been slowly sold, and a lot of funds have been withdrawn, but it is really calculated according to the time until the last day of 20. Only stocks are profitable, not cash.
Throughout 1978, Lin Baicheng made a lot of profits, but also invested a lot.
First of all, Lin Baicheng's ten companies in Xiangjiang, including Galaxy Games, Yum Securities, Asia TV, Jupiter Toys, Hutchison Whampoa, Star Pictures, Star Cinemas, Galaxy Bank, Hong Kong Electric Group, Qizhou Yingni Company, Galaxy Semiconductor, and Venus Electronics. Among the two companies, except Galaxy Games, Yum Securities, Asia Television and Jupiter Toys, all of them were established in 1978.
The 1978 annual reports of each company are in Lin Baicheng's hands, and he has read them all, so he has a clearer understanding of the development of each company in 1978.
At the same time, Lin Baicheng began to calculate his other income in 1978.
When Hutchison Whampoa was shorted by Li Jiacheng and Feng Jinxi for the first time in 1978, Lin Baicheng approached Iwasaki Fenglong to cooperate, and the two made a lot of money by going long Hutchison Whampoa.At that time, it was Iwasaki Minelong who contributed the capital, but in the end Li Lan was divided equally between Lin Baicheng and Iwasaki Minelong.
At that time, the two made a profit of 24.795 billion Hong Kong dollars, which was Lilan after tax, and Lin Baicheng received 12.4 billion Hong Kong dollars at that time.
In addition, Lin Baicheng himself also transferred 5.103 million Hong Kong dollars from Galaxy Games to Yum Securities at that time. He also bought the bottom at a low level and went long on Hutchison Whampoa. The after-tax profit at that time was million Hong Kong dollars.
The 5.103 million Hong Kong dollars is after-tax benefits, and the more than 5000 million Hong Kong dollars in taxes to be paid will be placed in Yum Securities and handed over to Anyuan for their operation, and they will report and pay taxes at the end of the year.
Adding up the two sides, the first time Hutchison Whampoa was shorted, Lin Baicheng's profit was 17.503 billion Hong Kong dollars. These are after-tax profits.
Later, due to the adjustment of the international gold price, Lin Baicheng made a profit of 4.22 million Hong Kong dollars by operating Goldman Sachs' long gold futures.
Then Bao Yugang asked Lin Baicheng to help buy Wharf stocks. Although Jardine's increase in holdings later changed the plan, Lin Baicheng bought a lot of stocks at a low price at the beginning. Later, Bao Yugang joined in the acquisition of Wharf , sold at a high stock price, and made a profit of 4400 million Hong Kong dollars after tax, a small profit.
After that, Lin Baicheng settled the profit of long gold futures. The after-tax profit of the Goldman Sachs channel was 9.92 million US dollars, the after-tax profit of the London channel was 7200 million US dollars, and the after-tax profit of the Tokyo channel was 7360 million US dollars. The total after-tax profit of US$11.376 billion is the profit of Lin Baicheng's own capital investment, and has nothing to do with the company.
11.376 billion U.S. dollars, converted into Hong Kong dollars, is 47.7792 billion Hong Kong dollars, which is not far from 50 billion Hong Kong dollars.
The last big profit was when Hutchison Whampoa was shorted. This time it was shorted by many British-funded families. Lin Baicheng used a principal of 1978 million US dollars to buy the bottom of Hutchison Whampoa’s stock through the channel of an offshore company, because there was no timing in 5910. The profit in cash is million shares of Hutchison Whampoa.
Of course, it is now January 1th, and the Hutchison Whampoa stocks in the hands of offshore companies have been slowly sold, and a lot of funds have been withdrawn, but it is really calculated according to the time until the last day of 20. Only stocks are profitable, not cash.
Throughout 1978, Lin Baicheng made a lot of profits, but also invested a lot.
First of all, Lin Baicheng's ten companies in Xiangjiang, including Galaxy Games, Yum Securities, Asia TV, Jupiter Toys, Hutchison Whampoa, Star Pictures, Star Cinemas, Galaxy Bank, Hong Kong Electric Group, Qizhou Yingni Company, Galaxy Semiconductor, and Venus Electronics. Among the two companies, except Galaxy Games, Yum Securities, Asia Television and Jupiter Toys, all of them were established in 1978.
The 1978 annual reports of each company are in Lin Baicheng's hands, and he has read them all, so he has a clearer understanding of the development of each company in 1978.
At the same time, Lin Baicheng began to calculate his other income in 1978.
When Hutchison Whampoa was shorted by Li Jiacheng and Feng Jinxi for the first time in 1978, Lin Baicheng approached Iwasaki Fenglong to cooperate, and the two made a lot of money by going long Hutchison Whampoa.At that time, it was Iwasaki Minelong who contributed the capital, but in the end Li Lan was divided equally between Lin Baicheng and Iwasaki Minelong.
At that time, the two made a profit of 24.795 billion Hong Kong dollars, which was Lilan after tax, and Lin Baicheng received 12.4 billion Hong Kong dollars at that time.
In addition, Lin Baicheng himself also transferred 5.103 million Hong Kong dollars from Galaxy Games to Yum Securities at that time. He also bought the bottom at a low level and went long on Hutchison Whampoa. The after-tax profit at that time was million Hong Kong dollars.
The 5.103 million Hong Kong dollars is after-tax benefits, and the more than 5000 million Hong Kong dollars in taxes to be paid will be placed in Yum Securities and handed over to Anyuan for their operation, and they will report and pay taxes at the end of the year.
Adding up the two sides, the first time Hutchison Whampoa was shorted, Lin Baicheng's profit was 17.503 billion Hong Kong dollars. These are after-tax profits.
Later, due to the adjustment of the international gold price, Lin Baicheng made a profit of 4.22 million Hong Kong dollars by operating Goldman Sachs' long gold futures.
Then Bao Yugang asked Lin Baicheng to help buy Wharf stocks. Although Jardine's increase in holdings later changed the plan, Lin Baicheng bought a lot of stocks at a low price at the beginning. Later, Bao Yugang joined in the acquisition of Wharf , sold at a high stock price, and made a profit of 4400 million Hong Kong dollars after tax, a small profit.
After that, Lin Baicheng settled the profit of long gold futures. The after-tax profit of the Goldman Sachs channel was 9.92 million US dollars, the after-tax profit of the London channel was 7200 million US dollars, and the after-tax profit of the Tokyo channel was 7360 million US dollars. The total after-tax profit of US$11.376 billion is the profit of Lin Baicheng's own capital investment, and has nothing to do with the company.
11.376 billion U.S. dollars, converted into Hong Kong dollars, is 47.7792 billion Hong Kong dollars, which is not far from 50 billion Hong Kong dollars.
The last big profit was when Hutchison Whampoa was shorted. This time it was shorted by many British-funded families. Lin Baicheng used a principal of 1978 million US dollars to buy the bottom of Hutchison Whampoa’s stock through the channel of an offshore company, because there was no timing in 5910. The profit in cash is million shares of Hutchison Whampoa.
Of course, it is now January 1th, and the Hutchison Whampoa stocks in the hands of offshore companies have been slowly sold, and a lot of funds have been withdrawn, but it is really calculated according to the time until the last day of 20. Only stocks are profitable, not cash.
Throughout 1978, Lin Baicheng made a lot of profits, but also invested a lot.
First of all, Lin Baicheng's ten companies in Xiangjiang, including Galaxy Games, Yum Securities, Asia TV, Jupiter Toys, Hutchison Whampoa, Star Pictures, Star Cinemas, Galaxy Bank, Hong Kong Electric Group, Qizhou Yingni Company, Galaxy Semiconductor, and Venus Electronics. Among the two companies, except Galaxy Games, Yum Securities, Asia Television and Jupiter Toys, all of them were established in 1978.
The 1978 annual reports of each company are in Lin Baicheng's hands, and he has read them all, so he has a clearer understanding of the development of each company in 1978.
At the same time, Lin Baicheng began to calculate his other income in 1978.
When Hutchison Whampoa was shorted by Li Jiacheng and Feng Jinxi for the first time in 1978, Lin Baicheng approached Iwasaki Fenglong to cooperate, and the two made a lot of money by going long Hutchison Whampoa.At that time, it was Iwasaki Minelong who contributed the capital, but in the end Li Lan was divided equally between Lin Baicheng and Iwasaki Minelong.
At that time, the two made a profit of 24.795 billion Hong Kong dollars, which was Lilan after tax, and Lin Baicheng received 12.4 billion Hong Kong dollars at that time.
In addition, Lin Baicheng himself also transferred 5.103 million Hong Kong dollars from Galaxy Games to Yum Securities at that time. He also bought the bottom at a low level and went long on Hutchison Whampoa. The after-tax profit at that time was million Hong Kong dollars.
The 5.103 million Hong Kong dollars is after-tax benefits, and the more than 5000 million Hong Kong dollars in taxes to be paid will be placed in Yum Securities and handed over to Anyuan for their operation, and they will report and pay taxes at the end of the year.
Adding up the two sides, the first time Hutchison Whampoa was shorted, Lin Baicheng's profit was 17.503 billion Hong Kong dollars. These are after-tax profits.
Later, due to the adjustment of the international gold price, Lin Baicheng made a profit of 4.22 million Hong Kong dollars by operating Goldman Sachs' long gold futures.
Then Bao Yugang asked Lin Baicheng to help buy Wharf stocks. Although Jardine's increase in holdings later changed the plan, Lin Baicheng bought a lot of stocks at a low price at the beginning. Later, Bao Yugang joined in the acquisition of Wharf , sold at a high stock price, and made a profit of 4400 million Hong Kong dollars after tax, a small profit.
After that, Lin Baicheng settled the profit of long gold futures. The after-tax profit of the Goldman Sachs channel was 9.92 million US dollars, the after-tax profit of the London channel was 7200 million US dollars, and the after-tax profit of the Tokyo channel was 7360 million US dollars. The total after-tax profit of US$11.376 billion is the profit of Lin Baicheng's own capital investment, and has nothing to do with the company.
11.376 billion U.S. dollars, converted into Hong Kong dollars, is 47.7792 billion Hong Kong dollars, which is not far from 50 billion Hong Kong dollars.
The last big profit was when Hutchison Whampoa was shorted. This time it was shorted by many British-funded families. Lin Baicheng used a principal of 1978 million US dollars to buy the bottom of Hutchison Whampoa’s stock through the channel of an offshore company, because there was no timing in 5910. The profit in cash is million shares of Hutchison Whampoa.
Of course, it is now January 1th, and the Hutchison Whampoa stocks in the hands of offshore companies have been slowly sold, and a lot of funds have been withdrawn, but it is really calculated according to the time until the last day of 20. Only stocks are profitable, not cash.
Throughout 1978, Lin Baicheng made a lot of profits, but also invested a lot.
First of all, Lin Baicheng's ten companies in Xiangjiang, including Galaxy Games, Yum Securities, Asia TV, Jupiter Toys, Hutchison Whampoa, Star Pictures, Star Cinemas, Galaxy Bank, Hong Kong Electric Group, Qizhou Yingni Company, Galaxy Semiconductor, and Venus Electronics. Among the two companies, except Galaxy Games, Yum Securities, Asia Television and Jupiter Toys, all of them were established in 1978.
The 1978 annual reports of each company are in Lin Baicheng's hands, and he has read them all, so he has a clearer understanding of the development of each company in 1978.
When Hutchison Whampoa was shorted by Li Jiacheng and Feng Jinxi for the first time in 1978, Lin Baicheng approached Iwasaki Fenglong to cooperate, and the two made a lot of money by going long Hutchison Whampoa.At that time, it was Iwasaki Minelong who contributed the capital, but in the end Li Lan was divided equally between Lin Baicheng and Iwasaki Minelong.
At that time, the two made a profit of 24.795 billion Hong Kong dollars, which was Lilan after tax, and Lin Baicheng received 12.4 billion Hong Kong dollars at that time.
In addition, Lin Baicheng himself also transferred 5.103 million Hong Kong dollars from Galaxy Games to Yum Securities at that time. He also bought the bottom at a low level and went long on Hutchison Whampoa. The after-tax profit at that time was million Hong Kong dollars.
The 5.103 million Hong Kong dollars is after-tax benefits, and the more than 5000 million Hong Kong dollars in taxes to be paid will be placed in Yum Securities and handed over to Anyuan for their operation, and they will report and pay taxes at the end of the year.
Adding up the two sides, the first time Hutchison Whampoa was shorted, Lin Baicheng's profit was 17.503 billion Hong Kong dollars. These are after-tax profits.
Then Bao Yugang asked Lin Baicheng to help buy Wharf stocks. Although Jardine's increase in holdings later changed the plan, Lin Baicheng bought a lot of stocks at a low price at the beginning. Later, Bao Yugang joined in the acquisition of Wharf , sold at a high stock price, and made a profit of 4400 million Hong Kong dollars after tax, a small profit.
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