Reborn as a Hong Kong Tycoon
Chapter 836
The last day at the end of February.
It happened to be Saturday, and Lin Baicheng got together with some people.
The people at the party were all old friends, except for Mineryu Iwasaki, they were all Chinese bigwigs in the Hong Kong business community.
These old friends have cooperated with Lin Baicheng a lot. They were all partners in the short crude oil futures investment last month.
When everyone was chatting, it was inevitable to talk about crude oil futures, after all, it was related to everyone's vital interests.
"Lin Jun, you are the best. After the crude oil price broke through the $40/barrel price, the upward momentum was limited, and it was quickly adjusted."
Mineryu Iwasaki admired it. Sure enough, he believed that Lin Baicheng was right. He participated in the short-selling of crude oil futures investment last month and had already started to make money.
It is a pity that the investment this time is not much, and it is short-selling, so the profits earned are limited and will not be too much.
"The price of crude oil has more than doubled in just two or three months, and it is impossible to rise forever."
Lin Baicheng smiled: "Let's not talk about the hype in the capital market. It is impossible for Western countries led by the United States to let the price of crude oil rise too high. The industrial age cannot do without oil."
In a narrow sense, there is actually no difference between oil and crude oil. Oil is crude oil.
However, crude oil is directly extracted from oil fields, while oil is refined from crude oil, so in a broad sense, oil includes crude oil and various refined oils.
But in the futures market, the prices of the two are correlated, and if one rises, the other will rise, and the same goes for falling.
All kinds of machines in the industrial age are inseparable from oil, and naturally they cannot be separated from crude oil.
Bao Yugang said with a smile: "Lin Sheng is modest. It is not easy to accurately judge the trend of crude oil prices. What's more, it is one thing to be able to judge the price, and it is another thing to dare to enter the market to short. .”
"Lin Sheng, at what price are you going to leave the market for short selling this time?"
Zheng Yudong asked with concern, his capital is the thinnest, and it would be best if he can settle down early.
Everyone was more concerned about this, and immediately looked at Lin Baicheng.
Lin Baicheng said to several people: "The average price of our short position opening cost is already known to you, which is 38.43 US dollars per barrel. After the crude oil price rose to the highest point of 40.55 US dollars per barrel, it turned around and fell. The decline has been relatively large, and it has fallen to the current price of 36.63 US dollars per barrel, a drop of more than 10%.
"This is my plan. When the price of crude oil drops to 80% of our cost price, we can start to slowly close the position. We can close half of the position first, so that half of the profit will be pocketed first."
"As for the remaining half of the position, let the trader team judge by themselves to see where the crude oil price can fall. It is naturally best to earn more."
"Even if the trading team makes a wrong judgment, it's okay. At most, closing the position at a slightly higher price is nothing more than the remaining % of the position, and we will make less money."
Lin Baicheng talked about his initial thoughts. A profit of about 20% is enough, and there is no need to gamble for higher profits.
Lin Baicheng is leading them to make money. In about two months, he can make about 20% of the profit, and the average monthly profit of 10% can already be said to be quite high.Besides, of course, the final profit cannot be as small as 10% and 20%, after all, their short selling is leveraged.
"Lin Sheng's arrangement is very good. Everything is done in moderation, and the only thing that matters is what is safe."
After hearing this, Huo Yingdong agreed very much. They are still relatively unfamiliar with this kind of game in the financial market. If Lin Baicheng made a lot of money many times and gave him confidence, and followed Lin Baicheng
Bao Yugang also said: "The income of dozens of points is not low."
"That's right, it means that Lin Sheng has such abilities."
Zheng Yudong silently calculated in his heart, counting leverage, the profit of not less than 50% is already very high, and he has no reason to be dissatisfied.
Lin Baicheng smiled and waved his hands: "Everyone, stop praising me. If you continue talking, I'm going to float."
"Lin Sheng is humble."
Guo Henian suddenly said: "Lin Sheng, although this investment is not yet over, there is a high probability that it will make money again. This time, you brought us money again. Speaking of which, we owe you several favors. If you have any If you need our help, don't be polite, and give us a chance to return favors."
The reason why he suddenly said this was mainly because it was no secret that Lin Baicheng wanted to suppress and retaliate against Chen Songqing. Everyone could see it, otherwise Lin Baicheng would not publicly express his dislike for Carriand Group after reducing his shareholding.
But obviously, so far, Lin Baicheng's revenge has not had much effect, and has little impact on Chen Songqing and Carrian Group.
Bao Yugang echoed: "Guo Sheng is right, we still have some energy, Lin Sheng, if you need it, don't hesitate."
"Mr. Lin, although the influence of myself and Mitsubishi in Xiangjiang is not great, we do have some contacts. You can always find me, Mr. Lin, if you need it," Iwasaki Mineryu said.
Lin Baicheng nodded with a smile: "Everyone, please rest assured, if necessary, I will not be polite."
Seeing this, Hu Yinxiang couldn't help asking: "Lin Sheng, do you have an idea about Carrian Group?"
Lin Baicheng nodded slightly, and asked a few people: "You guys are quite well-informed. I want to ask, do the outside world think that I can't do anything about Carrian Group recently? Do you think I'm incompetent?"
"Recently there have been some bad voices, but Lin Sheng, you are the richest man in Xiangjiang, who would dare to underestimate you."
In fact, according to the news that Bao Yu just received, after Lin Baicheng's suppression of Carrian Group failed to work, many people thought that Lin Baicheng, the richest man in Xiangjiang, was not worthy of his name, but just lucky. come out.
Huo Yingdong said: "Lin Sheng, since you have decided to suppress the Carrian Group, then you must make an effect, otherwise you will be looked down upon."
Bao Yugang nodded in agreement: "Brother Huo is right, this is the first time you have shown your sword, Lin Sheng, if you can't see the blood, it will deal a great blow to your reputation."
"Thanks for the reminder, I have counted."
Lin Baicheng nodded, and revealed a little tone: "Just wait and watch the show, I believe that you will be able to see a good show in a short time."
"Looking at Lin Sheng's appearance, he has a plan in mind."
Li Zhaoji was a little surprised. Like everyone else, he thought that Lin Baicheng had nothing to do with Carrian Group, but now it seems that this is not the case.
"Exactly."
Lin Baicheng was rarely modest, and said with a smile: "Since I chose to suppress Chen Songqing, it is impossible for me to return without success. You guys just wait and see. In a short while, how high the Carrian Group has climbed now will be determined later." It's as hard as it falls."
"Lin Sheng, according to your tone, can you knock down Carrian Group?"
Li Zhaoji was very surprised. You must know that the current total market value of Carrian Group is as high as 30 billion Hong Kong dollars, and it is absolutely ranked among the listed companies in Hong Kong.If such a big company is suppressed by Lin Baicheng, Lin Baicheng will definitely shake Xiangjiang, and no one will dare to offend him easily in the future.
"Yes."
Lin Baicheng said coldly: "Some time ago, when He Huang was still a shareholder of Carrian Group, Chen Songqing actually stood in line with Li Pengfei and got very close to Ying Capital. It was obvious that he didn't take me seriously. Since he dared not treat me If you look at it, then I will let him know the fate of offending me, and the bankruptcy of Carrian Group is my revenge against him."
No one thinks that there is anything wrong with Lin Baicheng's behavior. Shopping malls are like battlefields, which can deal a fatal blow to the enemy, so don't keep the other party. Keeping it will only cause trouble for yourself in the future. After all, you have already offended him.
Bao Yugang said with concern: "Lin Sheng, Carrian Group is a big company, with HSBC and several British capitals standing behind it, I'm afraid it won't be that easy to make it go bankrupt. I think you'd better be more cautious , HSBC and British capital will definitely support Carrian Group, don’t fight with HSBC and them, Lin Sheng will find it difficult for you to win against them.”
"Thank you, Bao Sheng, for reminding me."
Lin Baicheng nodded with a smile: "Of course I can't compare the combined strength of HSBC and British Capital, and I am not prepared to confront them. I will only target Carrian Group, and then HSBC and British Capital will not protect Carrian Group. They want to keep it, but they can't."
Huo Yingdong said: "It seems that Lin Sheng, you really have a plan this time."
Lin Baicheng nodded with a smile on his face.
"Then we'll have to wait and see."
After being surprised, Zheng Yudong and the others couldn't help but think in their hearts, this time it is time to take a good look at how Lin Baicheng dealt with the Carrian Group. He actually made the Carrian Group go bankrupt, and HSBC and British Capital did not know how to protect the Carrian Group. , Even if they can't keep it, they are very curious about it.
Huo Yingdong and the others didn't ask Lin Baicheng how he was going to deal with the Carrian Group, nor did Lin Baicheng take the initiative to tell them, even if they asked, he wouldn't go into too much detail.
Although Lin Baicheng didn't think that Huo Yingdong and others had any connection with Chen Songqing, he probably wouldn't tell others about his plan, but he was careful to sail for ten thousand years. Before the result came out, Lin Baicheng didn't plan to tell outsiders to avoid accidents.
If the monarch does not keep secrets, he will lose his ministers, if his ministers do not keep secrets, he will lose his status, and if he does not keep few things secret, he will suffer harm.
This reason is very simple, and Lin Baicheng knows it very well.
Then everyone chatted about other things, not just about Lin Baicheng.
For example, Bao Yugang, with the sharp rise in crude oil prices again, for shipping companies, the cost of shipping has increased significantly, which is a bad thing for shipping companies, so this has strengthened Bao Yugang's determination to abandon the ship and land.
Since the price of crude oil soared, Bao Yugang has increased the speed of selling oil tankers. In the past, he sold them at a % discount, but now he sells them directly at a % discount, which shows how strong his determination is.
The money from the sale of the tanker is invested in the real estate industry.Part of it will be injected into Wharf, and part of it will be purchased directly.
Not everyone made the same choice as Bao Yugang. Shipping king Dong Jia and Wheelock, etc., at this time, they bucked the trend and bought oil tankers, freighters, or directly bought new ships. Their bet was shipping. The downturn cycle is not long, and our own companies can survive this downturn cycle.
Once they can survive the downturn cycle, they buy ships at low prices at this time, and when shipping rebounds, they can immediately become the top leader in the industry based on the number of ships they have, thus making a lot of money.
Of course, if you can't survive the cycle, then the consequences can be imagined.
But businessmen think that their judgment is correct.
As a reborn person, Lin Baicheng certainly knew that Bao Yugang's strategy of abandoning ship and landing was correct.But for people in this era, even Bao Yugang himself, they are not sure whether it is right to abandon the ship and land. Even Bao Yugang is mentally prepared for his mistakes.
It was precisely because of this kind of mental preparation that Bao Yu didn't completely sell off the shipping company just now.Although Bao Yugang has sold a lot of oil tankers now, but in terms of the number of ships, the number of ships under his name is still the first in Xiangjiang for the time being, and he is also the number one ship king in Xiangjiang.
In this way, even if Bao Yugang’s strategy of abandoning the ship and landing is wrong, that’s okay. For Bao Yugang, he just lost some money. The rebound of shipping can still benefit his company, and he can still make a lot of money. earn.
Zheng Yudong also talked about his business. In addition to real estate, his Chow Tai Fook business is gold and jewelry.Among them, the gold business rose sharply in the early 80s, and the adjusted relationship afterwards caused him a lot of losses.
Because during the period when the price of gold rose sharply, after discussing with the company's executives, he was worried that the price of gold would continue to rise sharply, so he stocked up a batch of goods. As a result, the price of gold fell a lot later, which was not lower than his purchase price. So little that the batch of gold he bought suffered a huge loss, losing millions of Hong Kong dollars.
Don't look at the loss of millions of Hong Kong dollars, it is actually not low. After all, the annual profit of Chow Tai Fook is only more than 1000 million Hong Kong dollars. A loss of millions of Hong Kong dollars is equivalent to losing half a year's profit.
Of course Zheng Yutong was depressed when this happened, but this is the way of doing business, if the judgment is wrong, there will be huge losses.The point is that he was the one who made the decision for this mistake, and he can only blame himself if he wants to blame it.
Then everyone talked about other people's successful investments, such as the China Gas invested by Li Zhaoji.
After entering the 70s, the population of Xiangjiang skyrocketed, and gas was a very profitable business. Therefore, Jardine and Hong Kong Electric planned to acquire China Gas. Ho Tingxi and Li Mingze, the shareholders of China Gas, thought they were not strong enough, so they asked Li Zhaoji for help. With Li Zhaoji's massive purchases, the three Chinese businessmen successfully defeated Jardine Matheson and HK Electric.
Up to now, Li Zhaoji has become the major shareholder of China Gas, and this company is also very profitable now, bringing Li Zhaoji rich returns every year. His investment was very successful at the beginning.
After the party, everyone went back separately.
After Lin Baicheng went back, he found time to contact Qin Lan. He didn't say much, but told Qin Lan not to forget the time.He told Huo Yingdong and the others that he was waiting to see a good show, and he didn't want to be a laughing stock or a target for them to watch a play.
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