Reborn Xiangjiang as a Tycoon

Chapter 243 Judgment of Gold Price Trend

Early in the morning, Yuan Tianfan arrived at Hutchison Whampoa.

In addition to being an honorary director of Hutchison Whampoa, Yuan Tianfan also works for HSBC. Even though he is only an honorary director of Hutchison Whampoa, Hutchison Whampoa's development strategy has changed significantly this year, with business concentration and a lot of new businesses. Therefore, he

If this honorary director wants to achieve results, he has a lot to do.

In this case, Yuan Tianfan will inevitably have times when he is inseparable. Sometimes he is busy with Hutchison Whampoa and will not take into account the work at the bank. And Yuan Tianfan is qualified for Hutchison Whampoa at a young age.

The honorary directors, whether Hutchison Whampoa or HSBC, had a lot of gossip about him, so he had the idea of ​​resigning from HSBC.

The reason why he resigned from HSBC instead of dismissing Hutchison Whampoa as an honorary director is because at HSBC he was just a director of the securities department, barely considered a senior executive, but at Hutchison Whampoa he was one of the nine directors, and his status was not that of HSBC.

A supervisor in the securities department can be compared. Moreover, Hutchison Whampoa has a huge platform. He is in a high position, which is conducive to him displaying his talents.

However, after Yuan Tianfan submitted his resignation to his superiors, he was called in for a talk by Shen Chou, the senior manager of HSBC. Not only did he disagree with his resignation, but he was promoted to deputy manager of the securities department. However, he was not in charge of specific affairs and was only responsible for capital investment and related investments.

Just report it to Shen Zhou.

Faced with this situation, Yuan Tianfan chose to stay and continue to work at HSBC, but he had something in mind, that is, Hutchison Whampoa's affairs were more important, and Hutchison Whampoa's chairman Lin Baicheng valued him more, otherwise he would not have been invited.

Became an honorary director of Hutchison Whampoa. Therefore, his usual work should focus on Hutchison Whampoa to demonstrate his abilities.

Last night, he was notified to come to Hutchison Whampoa for a meeting. Yuan Tianfan asked Qin Lan, who contacted him, what the matter was. He only found out that it was related to Hutchison Whampoa's gold futures investment, and there was no more specific information.

At that time, Yuan Tianfan guessed that the international gold price should have fallen or risen sharply, causing large fluctuations. Otherwise, he would not have been suddenly informed that he must go to Hutchison Whampoa for a meeting tomorrow morning.

Arriving at Hutchison Whampoa in the morning, Yuan Tianfan was immediately informed to go to the conference room, where he found acquaintances from Yum Securities and Hutchison Whampoa's investment department. Apparently they were also called.

Yuan Tianfan first went to Anyuan and asked him: "Manager An, is it related to the investment in gold futures that brought us here this time?"

"Last night, during the day in London, the price of gold rose sharply by more than five points, and now it has reached the price of 190 US dollars per ounce. Mr. Lin asked us to come here to judge the next trend of gold prices."

Hearing this, Anyuan simply said that as the manager of Yum Securities, he certainly knew more than Yuan Tianfan.

"That's great. The company's investment has made a lot of money again."

Yuan Tianfan couldn't help but feel happy after hearing this. He is an honorary director of Hutchison Whampoa. The better Hutchison Whampoa develops, the better it will be for him.

"Mr. Lin's vision is really amazing!"

Yuan Tianfan was amazed. He participated in the purchase of this gold futures investment, so he knew very well how much Hutchison Whampoa invested in gold futures and what the cost price of the purchase was.

"Nearly 250 million U.S. dollars, almost 1 billion Hong Kong dollars, and it's only been a few months!"

After a little mental arithmetic, Yuan Tianfan calculated the approximate profit of Hutchison Whampoa's investment, which is equivalent to the profits of most companies for at least ten years.

"Director Yuan, Manager An!"

Cheng Yufeng walked in, nodded to Yuan Tianfan and Anyuan, and sat down at the main seat in the conference room.

"Become CEO."

Yuan Tianfan and Anyuan also went to sit on the sides closest to Cheng Yufeng.

Cheng Yufeng nodded, looked at everyone and said: "I called you here today mainly to let you judge how the international gold price will go in the future, which price will be the highest point, and whether the gold price will continue to rise in the future.

Adjustments, etc. If you have the relevant data you want, I will ask someone to get it. We must make a judgment today. It is best to have the results in the morning. Mr. Lin is waiting for your answer."

After finishing speaking, Cheng Yufeng looked at Yuan Tianfan and said, "Director Yuan, Mr. Lin values ​​your abilities very much, so you have to put in more effort this time."

"I will try my best!"

Yuan Tianfan responded under pressure. Although he believed that his level was very high, the relevant judgments could not be correct every time, and it was normal to make mistakes. However, this related to an investment of 1.5 billion US dollars. If the judgment was wrong, the consequences would be

His future will definitely be affected.

"Well, the rest of the time will be left to you."

Cheng Yufeng said to everyone, but he did not leave, but stayed here.

Cheng Yufeng did not leave, Yuan Tianfan, Anyuan and others also ignored him. Everyone began to discuss, bringing over the gold price trend in the past six months, various countries' economies and other relevant data.

One thing everyone agrees on is that the price of gold will continue to rise in the future. Unless there is sudden bad news, it is impossible for the bulls not to take advantage of the victory and pursue the victory when the price rises by more than five points.

Of course, the short sellers will not be able to hold back, so there will be a game of funds, but the financial power of the bulls should be stronger. After all, the real money that has increased by more than five points has been invested, and at the same time, it is also a charge announcement to all funds.

If more people follow suit and go long, it is unlikely that the short side will be able to stop it.

However, the price of gold will continue to rise, but to what extent it can rise and what will happen next requires Yuan Tianfan and others to think carefully.

While Yuan Tianfan and others were discussing, Wei Li held a press conference and announced to reporters that Hutchison Whampoa's investment had once again made a profit of about 247 million U.S. dollars. The expected profit since the beginning of the investment to the present totaled 370 million U.S. dollars.

If it is more US dollars, it would be nearly 1.55 billion Hong Kong dollars if converted into Hong Kong dollars.

The first profit was US$125 million, and this time it was about US$247 million, for a total of just over US$370 million.

Since the actual settlement has not yet been completed, I will not talk about tax deductions or anything like that, nor will I announce it to the public, leaving it to those who know how to calculate it themselves.

The news announced by Wei Li directly shocked the reporters at the scene. The last time Hutchison Whampoa invested US$125 million, it was already shocking. Unexpectedly, this time it was even more, almost double.

Faced with the news announced by Wei Li, many reporters began to doubt whether it was true. Because Hutchison Whampoa did not provide relevant proof this time, it was normal for some reporters not to believe it.

Wei Li did not explain this, but emphasized that the news announced by the company was true, and then answered other questions from reporters one by one.

The press conference here is still in progress, but the relevant news has spread quickly to the outside world. It has quickly reached the four major exchanges, and almost everyone knows about it.

(End of chapter)