Reborn Xiangjiang as a Tycoon

Chapter 352 The Next Generation

The British family on the short side did not announce it to the public after they replenished the stocks borrowed from the securities lending and returned them to HSBC. After all, they suffered huge losses from short selling. For the sake of the stock price of their own listed company, this kind of thing must not be announced to the public.

Good.

The next day, Thursday morning.

After the stock market opened, Hutchison Whampoa's stock price rose rapidly, exceeding HK$65, reaching a peak of HK$66, and then fell rapidly, falling below the price of HK$60 in just five minutes, and is still falling.

Although the short-selling British family did not announce to the public that they had returned the securities lending stocks to HSBC, the big funds that invested a lot of money in Hutchison Whampoa stock have been paying attention, so after learning about this

Immediately raise the stock price, allowing retail investors to chase the higher price, and then sell the stocks they hold.

Without the expected benefit of "short parties will buy a large number of shares from the stock market", it is equivalent to a negative situation for the market, and the rising stock price of Hutchison Whampoa will naturally undergo a correction.

Stocks never rise without falling. The more they rise, the higher the risks that secretly accumulate.

At its lowest, Hutchison Whampoa's stock price fell to close to HK$55, and then rebounded. However, this rebound did not break through the price of HK$60, and the stock price was quickly suppressed again, and finally fluctuated around HK$57.

.

The stock price of Hutchison Whampoa has plummeted. The only impact for Lin Baicheng is that the offshore company cannot sell stocks to withdraw funds for the time being. Fortunately, this impact is not big, not to mention that the stock price may continue to rise above 60 Hong Kong dollars in the future.

If he needs funds, let alone more than 50 Hong Kong dollars, he will not lose money if he sells the stock at 40 Hong Kong dollars.

On that day, Hutchison Whampoa's closing price was HK$56.4, a significant drop.

Friday, the last trading day for the stock market this week.

Lin Baicheng no longer pays attention to the stock market. As long as Hutchison Whampoa's stock price does not rise or fall sharply in the short term, he will not care. The stock price will be determined by the market itself.

Lin Baicheng worked in Yingni, Qingzhou in the morning, and went to Hong Kong Electric Group in the afternoon. Lin Baicheng had just acquired these two companies, so he would definitely go to these two companies from time to time.

In the evening, Lin Baicheng went to attend the banquet prepared by Bao Yugang and others.

"Lin Sheng!"

"Wu Sheng!"

Lin Baicheng shook hands with Wu Guanzheng, who was in charge of welcoming guests.

After the two exchanged polite words, they walked into the hotel.

"Bao Sheng, Huo Sheng, Guo Sheng, you are all here. It seems that I am the latest."

Lin Baicheng said hello to Bao Yugang, Huo Yingdong and Guo Henian.

Bao Yugang smiled and said: "Lin Sheng, you are not the last to come, Zheng Sheng has not come yet."

"Haiwen, come here."

As he spoke, Bao Yugang waved to a middle-aged white man not far away. After waiting for the people to come over, he said to Lin Baicheng: "Lin Sheng, let me introduce to you. This is my eldest son-in-law Su Haiwen, Guan Zheng's

Brother Jin."

"Hello!"

Lin Baicheng shook hands with Su Haiwen. He knew that Su Haiwen, Bao Yugang's son-in-law, was the first vice chairman of Global Shipping, an Austrian national, and had come to work and live in Hong Kong in the early 1970s.

"Hello, Lin Sheng!"

Su Haiwen was very polite. He knew that Lin Baicheng's social status and wealth were on the same level as his father-in-law Bao Yugang, a tycoon.

"Lin Sheng, this is my eldest son Kong Chen."

Guo Henian also called his eldest son Guo Kongchen over and introduced him to Lin Baicheng.

"Hello."

Lin Baicheng was not familiar with Guo Kongchen and had no impression of this person before his rebirth.

Guo Kongchen is several years older than Lin Baicheng, and his education level is much higher than that of Lin Baicheng. However, Guo Kongchen is only working in the family's Shangri-La Group, while Lin Baicheng has built a fortune even greater than that of the Guo family from scratch.

The achievements are incomparable.

After a while, Zheng Yudong also came. He also brought his eldest son Zheng Jiachun and second son Zheng Jiacheng, and introduced them to Lin Baicheng.

In fact, Huo Yingdong also brought his son, but he only brought his eldest son Huo Zhenting, and Lin Baicheng knew Huo Zhenting, and there was no need to introduce him at all.

Just like Lin Baicheng knew Wu Guanzheng, Bao Yugang never introduced Wu Guanzheng to Lin Baicheng.

This time Huo Yingdong, Bao Yugang, Guo Henian and Zheng Yudong brought the younger members of their families here mainly to introduce them to Lin Baicheng, because they knew very well that as long as Lin Baicheng did not take the wrong path, there would definitely be Lin Baicheng in Hong Kong in the future.

Lin Baicheng will even stand at the top of Xiangjiang. After a few years, it will be the younger generation in the family who will deal with Lin Baicheng.

Lin Baicheng could also guess what they were thinking, and he was willing to get to know the next generation of these families. After all, he would use Xiangjiang as his base to develop his own Lin family in the future. Even if he was strong, he still needed the help of connections.

The theme of this banquet was that Lin Baicheng led them to make a fortune. They held this banquet to express their gratitude, so they did not invite anyone else.

"Lin Sheng, I want to thank you for helping us get rich this time. Let's toast you."

Bao Yugang held a wine glass and said, although the estimated profit of more than 100 million Hong Kong dollars is not a huge number for their entire net worth, 100 million Hong Kong dollars is not a small amount of money for them, not to mention that they still hope to have more money in the future.

When similar opportunities arise to make a fortune, Lin Baicheng can think of them again.

Lin Baicheng said politely: "You are so polite. When the stock price has not yet risen, buying stocks was risky. I should be the one to thank you for your support."

Huo Yingdong immediately said: "Lin Sheng, please don't be polite. You gave us the full scoop at that time. How could we be at any risk? We must respect this glass of wine!"

Zheng Yudong also said: "That's right, Lin Sheng, please stop being humble and polite. There will be opportunities to make a fortune in the future, but remember to think of us."

“Everyone looks out for each other!”

After hearing this, Lin Baicheng lost his modesty and raised his glass to touch the four of them. As for Huo Zhenting, Su Haiwen, Guo Kongchen and others, he only had to raise his glass to express their gratitude.

Although Lin Baicheng is only about 20 years old, his social status and wealth are at the top of Xiangjiang. He and Huo Zhenting and the others will definitely not be of the same generation, otherwise he will be a head shorter than Huo Yingdong and the others, which will not be conducive to his communication with Huo Yingdong and the others.

When one day Huo Zhenting and the others take over from their fathers and become the helmsmen of their respective families, then Lin Baicheng will become their equals, because everyone's social status is equal.

There were no programs prepared for the banquet. In addition to celebrating, the banquet was mainly held to deepen the relationship and introduce their juniors to Lin Baicheng.

Lin Baicheng did chat with Huo Zhenting and others for a while, but he mainly communicated with Huo Yingdong and Bao Yugang. After all, they were the helmsmen of their respective families and companies.

(End of chapter)