Reborn Xiangjiang as a Tycoon

Chapter 242 Profit Return

The next morning, Lin Baicheng went to Hutchison Whampoa Company earlier than usual.

Lin Baicheng first called his secretary Qin Lan into the office.

"You didn't contact me later, which means the price of gold hasn't changed much. What is the price of gold now?"

"Not long ago, I contacted Miss Isabella in the United States. The gold price at that time was US$190.65 per ounce."

Qin Lan had long thought that her boss would ask this, so she was prepared. After answering, she said: "It is early morning in London and night in New York. Although gold futures trading is still going on, the trading volume

There are much fewer days during the day than in the two places, so as expected, the gold price will not fluctuate much for the time being."

The reason why I say New York instead of Los Angeles is because New York is the financial center of the United States, and the famous Wall Street is in Manhattan, New York.

Gold futures are traded even at night, but nowadays the main funds for trading are capital from Western countries, and trading is centered in London and New York. Therefore, there are greater prices only during the day in these two places.

trading volume.

In the evening, unless there is breaking news, or bulls or shorts want to make a sudden attack, the trading volume during the night is usually not too large, and the real-time price fluctuations of gold prices will not be too large.

This would be different in a few decades, because it is the Internet era, and the gold trading market will reach more than one trillion levels at that time, so huge transactions may break out at every time of the day.

The amount will cause large price fluctuations. Therefore, if you buy gold futures, you must arrange for someone to keep an eye on it 24 hours a day, because no one knows at what time period the gold price will suddenly fluctuate greatly.

Lin Baicheng nodded when he heard this and said, "Go and see if Wei Li has come to work in the company. If he is already here, let him come over."

"President Wei Li has arrived. I will invite him over right now."

Qin Lan answered first and then walked out of the office.

After a while, Wei Li came to Lin Baicheng's office.

"Mr. Lin!"

"Weili, you're here, sit down!"

Lin Baicheng motioned for Wei Li to sit down, and then said: "I came to you this time because I want to talk to you about the company's gold futures investment."

"I just did the math. At the beginning, our company's investment capital was US$150 million. Later, we made US$125 million, and the total principal became US$275 million. After that, I raised another US$750 million from HSBC, which is equivalent to buying

Invested $1.5 billion in gold

For futures, I just did the math. Based on the current gold price of about 190 US dollars, I have made a profit of about 250 million US dollars this time. This is still the profit of the current gold price of about 190 US dollars. If the gold price breaks through the 200 US dollars price, then

The profits will only be greater.”

"I think it's a profit of at least US$400 million. It would be a pity to just leave it in the account like this. Why don't we wait for the gold price to reach a certain price and sell it first, then settle the profit and get the profit back?"

What do you think about developing the company’s other businesses?”

"Even if Mr. Lin didn't tell me, I would have proposed this to you years ago. I didn't expect Mr. Lin to think of this now."

Weili said immediately, his attitude was obviously supportive, he said: "Although the company has sufficient funds now, if it has more funds, it can carry out more business. Taking the real estate industry as an example, we can definitely do more

Develop several plots of land into shopping malls, residential areas, villas, office buildings, etc.”

"Since you think so too, it's decided."

Lin Baicheng immediately said: "After I get back the profits from the investment, I will first pay off all the debts I had before acquiring the company, and then use most of the funds to develop other businesses such as retail. The funds needed for the development of the real estate industry will be obtained from banks."

Let's raise funds. When profits return, the company's market value will inevitably skyrocket. By then, the company's market value will definitely exceed 10 billion Hong Kong dollars, and its financing capabilities will not be comparable to those before."

Wei Li did not object to Lin Baicheng's arrangement, because there was nothing wrong with Lin Baicheng's arrangement.

Weili said aloud: "Mr. Lin, regarding the timing of selling gold prices, we need to grasp it well. After all, a 1% fluctuation is 15 million US dollars. If we sell three or five points lower, our losses will be huge."

"I have also considered this, so I asked Qin Lan to notify people from Yum Securities to come over. At the same time, I called Director Yuan Tianfan and the company's own investment department to discuss together. It is best to judge at which price the gold price is more likely to encounter resistance.

It’s big, we’ll just sell it around that price when the time comes.”

Lin Baicheng greatly agreed upon hearing this. Although the judgments of Yuan Tianfan and others may not be correct, they are still more accurate than making random decisions on his own. Lin Baicheng only knows the long-term trend of gold prices, but he does not know how to fluctuate in the middle.

"Mr. Lin, just make arrangements."

Wei Li felt relieved after hearing this. Such professional matters must be left to professionals to judge.

"There is one more thing I would like to ask your opinion on."

After thinking about it, Lin Baicheng said: "The price of gold has risen sharply, and the company's investment has made huge profits. This matter must not be hidden from HSBC, and even other institutions may not be able to hide it. After all, they know that the company is investing in gold futures, and they will definitely inquire about it."

Specific investment details so that we can profit from it. Therefore, if the price of gold rises sharply, the company's stock price will inevitably rise sharply. I want to announce this news to the public before the stock market opens. What do you think?"

Wei Li nodded: "Last time, because the company did not disclose the news to the public immediately, many shareholders who originally held the shares not only did not make money, but also lost money, which caused many shareholders to have a bad evaluation of us, so this kind of thing

It should not happen again, so as not to affect the company's future bond issuance and financing in the secondary market."

Lin Baicheng immediately said: "I think so too. Since you agree, you can hold a press conference later and make relevant announcements."

Wei Li asked: "Mr. Lin, do we need to announce to the public that we are planning to recover profits?"

"It's better not to announce it now. Doesn't such an announcement mean to tell the outside world that we are planning to sell 1.5 billion US dollars of long gold futures? It would be bad if it affects the trend of gold prices. You only need to say that the company has made a lot of money from its investment and how much profit it is expected to make."

, the specific profits will follow the trend of gold prices, let the market guess by itself."

Lin Baicheng shook his head. Although he felt that even if he had to sell long gold futures explicitly, it would not affect the price of gold. But after all, it was a long order of 1.5 billion U.S. dollars. It would be bad if it affected it. Besides, it could

Why not sell secretly? It would be good to sell one or two points more. After all, a 1% fluctuation is 15 million US dollars.

"I didn't think carefully."

Wei Li admitted his mistake aloud. He really didn't think of this just now.

After Lin Baicheng had no other instructions, Wei Li said goodbye and left. After returning to the office, he asked his secretary to arrange a press conference.

[Chapter 197, Regarding Hutchison Whampoa’s gold futures investment, the principal was originally US$150 million, and the profit was 125 million. The total principal became 275 million, not 225 million. I undercalculated 50 million, and recorded the principal as 1

billion U.S. dollars. Because

Therefore, if the principal is 275 million US dollars, the operating funds will not be 1 billion US dollars, but 1.5 billion US dollars. Later, an additional 750 million US dollars will be raised instead of 250 million US dollars. After all, the principal is 275 million US dollars and the operating funds are 1.5 billion US dollars, which is only more than 5 times.

Just a little leverage]

(End of chapter)