Reborn Xiangjiang as a Tycoon

Chapter 531 Rejection, unexpected benefits (two in one)

It is also beneficial for a company to be small and have few shareholders.

Within two days, the financing of Zhonghe Game Company was finalized by Phil Smith.

Of course, what has been decided so far is only the company's financing. The valuation of the company's financing has not yet been finalized. This is not just what the shareholders say. It needs to be professionally evaluated, otherwise no institution will subscribe.

However, Lin Baicheng has stated that no matter what the company's valuation is, he will let Hutchison Whampoa subscribe for 3% of the shares. The higher the company's valuation, the greater the value of his shares, so even if Zhonghe Games

The valuation was too high, and he himself suffered no losses.

Of course, that's what he said, but if the valuation is too outrageous, he will definitely not let Hutchison Whampoa participate in financing. After all, Hutchison Whampoa is a listed company, and he has to be responsible for the shareholders.

Wade Thomas, who represents Goldman Sachs, also expressed his opinion, saying that Goldman Sachs is optimistic about the company and will at least invest in buying out the shares that have been diluted due to financing, and does not even rule out the possibility of continuing to increase its holdings.

As for Wade Thomas's own 5% stake, if the company raises financing, he no longer has that much money to invest and can only accept the dilution of his shares. However, Wade Thomas is already satisfied with the 500,000 he originally invested.

The U.S. dollar will at least multiply several times after financing.

Phil Smith did not reject Goldman Sachs' increase in holdings, but he said that Goldman Sachs could only increase its stake by 5% at most, and the company would have to bring in funds from other institutions. For now, he is not worried that Goldman Sachs' shareholding will affect him.

control over the company.

Phil Smith's control of Zhonghe Games mainly comes from Lin Baicheng's support, so he simply included Lin Baicheng's shareholding ratio. Anyway, if Lin Baicheng did not support him, his shareholding would be slightly larger than that of Goldman Sachs.

It's useless. Lin Baicheng holds more shares than him. No matter who Lin Baicheng supports, they can overwhelm him in terms of shareholding ratio.

Zhonghe Game Company was preparing to raise funds. Lin Baicheng asked Bill Harveys to pay attention to this matter and send people to participate in the financing. He only needed to wait for the reports from the people below.

Lin Baicheng himself only needs to pay attention to the financing of Zhonghe Game Company.

On the weekend, Lin Baicheng went to play golf at the invitation of Wade Thomas.

In the United States, playing golf is a way of socializing, not that people like playing golf very much. Especially if you want to talk about things that need to be kept confidential, on the golf course, a wide view can ensure that the communication will not be eavesdropped by others.

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Lin Baicheng didn't know how to play golf at all in the beginning. Later, he went to the golf course more often, played more often, and his skills naturally gradually improved. Not to mention how good he was, at least he played well.

Lin Baicheng and Wade Thomas chatted while playing ball.

The two started talking about the financing of Zhonghe Game Company. They were both shareholders of this company and had a common topic.

After getting started and chatting, Wade Thomas said: "Alan, someone has found me and hopes that I can help be a middleman and arrange a meeting between you and someone."

"Meeting with whom?"

Lin Baicheng asked curiously.

Wade Thomas said: "William Gates."

"Gates?"

When Lin Baicheng heard this, he couldn't help but guessed: "Who is this person? Why do you want to meet me?"

Wade Thomas said: "Gates is a well-known barrister. He has a son named Bill Gates. I think you should remember this name, Allen."

"really!"

Lin Baicheng secretly thought that it was true and nodded: "It turns out that he is Bill Gates' father, but I have parted ways with Bill Gates now. What does he want to meet with me? I don't think I have anything to do with him."

"What Gates wants to talk to you about is Allen's lawsuit against Microsoft, Blue Software, Bill Gates, and Paul Allen."

Lin Baicheng is currently asking Bill Harveys to arrange for lawyers to take Bill Gates, Paul Allen, Microsoft and Blue Software to court, accusing Bill Gates of harming his interests as a shareholder and taking Microsoft's

Assets are transferred to blue software, and there is a transfer of interests in the middle.

Bill Gates and others were very careful and did not leave any clues, but Lin Baicheng still wanted to sue them in order to prevent them from developing Blue Software smoothly. Anyway, he could not afford the legal fees.

"What does he want to talk about?"

"Alan, I'm just helping to pass on a message. You have to talk to William Gates to know the details."

Wade Thomas shook his head. This matter had nothing to do with him. He would not be deeply involved. He would just help spread the word and do favors.

"What if I don't want to talk to him?"

Lin Baicheng looked at Wade Thomas.

"That's your freedom, Alan."

Wade Thomas smiled. He couldn't force Lin Baicheng, and he would never force Lin Baicheng.

"Then forget it, let's keep playing."

Lin Baicheng smiled and changed the subject. He was not planning to meet William Gates and there was nothing to talk about between the two parties.

"Okay, keep playing."

Upon seeing this, Wade Thomas stopped talking about William Gates and started talking to Lin Baicheng about other things.

After hitting a ball, Lin Baicheng suddenly said: "Thomas, I heard Smith said that you have been in trouble recently?"

"It's just a little trouble, it won't affect me."

The troubles Wade Thomas encountered were related to Zhonghe Gaming Company. When the company was first established, Wade Thomas participated in the investment on behalf of Goldman Sachs, and he himself took 5% of the shares.

The problem lies in the shares. Now that Zhonghe Game Company has made money, is about to raise funds, and its valuation has risen sharply, there are voices within Goldman Sachs saying that Wade Thomas has harmed the interests of the company for his own benefit. The 5 shares he holds

% of the shares should originally belong to Goldman Sachs.

When Zhonghe Game Company was first established, or even before Zhonghe Game Company became profitable, there was no such voice at all. Now that the valuation of Zhonghe Game Company has soared, Wade Thomas' original investment may be doubled.

Times or even more than ten times, Wade Thomas' enemies in Goldman Sachs will naturally make trouble for Wade Thomas, and it is impossible to watch Wade Thomas take credit and make a fortune.

For Wade Thomas, this matter is actually a bit troublesome. After all, it is true that he is seeking benefits for himself. Although the money for the stock participation is his own, there will always be people in the management of Goldman Sachs who think that Wade Thomas

It really harms the company's interests.

However, trouble is trouble, but Wade Thomas is willing to accept this trouble. It is impossible for him to give up the 5% of Zhonghe Gaming Company shares. This is too much money. Even with his current status at Goldman Sachs, it is very likely that

It will take about ten years to earn it.

In more than ten years, if the last resort comes, instead of staying at Goldman Sachs, it is better to leave Goldman Sachs and take his shares.

"It's fine if it doesn't affect you."

Lin Baicheng nodded and stopped talking about it. Even though he was very rich now, he still had no influence on the internal affairs of Goldman Sachs. He did not have the powerful capital to influence Goldman Sachs, and even if he had, he would not interfere.

It's time to enter a new week.

The price of oil has dropped to about US$12.5 per barrel. Golden Fleece Company's long oil futures order has suffered a considerable loss. However, at Lin Baicheng's insistence, he did not close the position, but held on and allowed the market to fall.

Compared with oil prices, international gold prices are showing an upward trend. Now the gold price is fluctuating sideways between 365 US dollars/ounce and 370 US dollars/ounce. It can be said that it has risen a lot in recent times.

Lin Baicheng can be said to have made a lot of profits from long orders in gold futures, but he has no plans to close his long orders for the time being.

With the arrival of a new week, trading has begun in both the futures market and the stock market.

On September 18, something happened that had a major impact on oil prices, that is, a small-scale military conflict broke out between two countries in the Middle East that started with "Iraq".

Although it is not a full-scale war, it is a military conflict, and Iran and Iran are both major oil countries. A military conflict between these two countries will naturally have an impact on oil production and transportation, thereby affecting oil prices.

Furthermore, if it is just a small-scale military conflict now, is there the possibility of a larger-scale or even full-scale war in the future?

Just like buying stocks, you are buying expectations. This principle is also applicable to the futures market. The oil futures market will naturally feel that a greater conflict between Iran and Iraq may break out in the future, which will have a greater impact on oil output. Oil will only get higher and higher.

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This incident is a major benefit to the bulls. A large amount of funds are long in the oil futures market, and no short seller dares to hold the position. The correct way is to switch from idle to long in a timely manner. This will not only allow you to lose less, but also allow you to make profits.

One stroke.

On the day of the incident, oil prices once again returned to above US$13 per barrel. Oil prices rose by more than five points that day, and even rose by nearly seven points at the highest point. Short sellers who did not escape in time suffered heavy losses, and even had a lot of leverage.

The high short position was liquidated on this day.

On this day, the long oil futures position held by Golden Fleece Company changed from a large loss before to a recovery of costs, with no loss or profit.

Although today's sharp rise did not make the Golden Fleece Company make money, it can be expected that oil prices will definitely rise in the future. Although it is unlikely that there will be such a huge rise today, the overall trend is still upward, and making money is certain.

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On this day, in addition to the sharp rise in oil prices, the international gold price also saw a large increase of more than three points on this day, with the gold price moving closer to US$380 per ounce.

A military conflict between Iran and Iraq in the Middle East is likely to lead to a larger-scale war. In this era of the Cold War, people are afraid that any military conflict anywhere will turn into a conflict between major powers, or even a war.

Therefore, risk aversion has increased, gold has been attracted by more funds, and the price of gold has moved higher due to the influx of funds.

But when Lin Baicheng saw the price of gold rising to nearly US$380 per ounce, he waited until it was daytime in Xiangjiang and contacted Qin Lan.

"Now that the gold price is about to rise to 380 US dollars per ounce, you should contact Anyuan of Yum Securities and ask him to lead a team to London. After the gold price exceeds 400 US dollars per ounce, slowly close the long orders held by Yum!

Lose."

"Don't forget about Tokyo. Two traders from Yum! Securities will be sent over, and Nanako Chiba will be responsible for the reception arrangements."

Lin Baicheng made the relevant arrangements, but he was prepared to wait for the gold price to break through the price of 400 US dollars per ounce, and then close some long orders. His own long orders would not move, and the remaining long orders of Hutchison Whampoa would have to be closed.

Hutchison Whampoa's long orders are now operated by Golden Fleece Company, and Haruko Mouri will arrange people to do the specific operations.

"Yes, Mr. Lin, I will arrange it."

Qin Lan agreed aloud, but in her heart she knew that her boss had made a fortune again and his capital was getting richer.

After finishing the call with Qin Lan, Lin Baicheng contacted Chiba Nanako again. He told Chiba Nanako to be careful and not to let Mitsubishi Bank notice before closing the long order. At the same time, he also asked Chiba Nanako to wait for the gold price to rise to 405.

After US$/ounce, start closing the long orders of Bailong Commercial Club.

The main reason for doing this is to let Mitsubishi notice later that Bailong Trading Company is closing its long orders, so that some of the funds from Hutchison Whampoa and Yum Fund can escape first without affecting its shipments.

The day after oil prices soared, Lin Baicheng went to New York again to take charge of the Golden Fleece Company.

Following yesterday's sharp rise, oil prices continued their upward trend today. However, today's increase was not as strong as yesterday. It only increased by more than two points. The oil price reached 13.5 US dollars per barrel, an increase of 1 per barrel in two days.

Dollar.

The gold futures market is also rising, and the price of gold continued yesterday's strong performance today, rising sharply by US$10 per ounce, an increase of nearly three points. It seems that the price of gold has an upward trend that is not inferior to that of oil prices, and is catching up.

The simultaneous rise in oil prices and gold prices made Lin Baicheng extremely happy. His large investment would make huge profits due to the rise in both prices. It was really making money even while lying down.

In the following trading days, both oil prices and gold prices were in an upward trend, and the daily increases were not small. The increase on no single trading day was less than 1%.

On the oil futures side, Lin Baicheng asked Vivien Kelly not to sell until the oil price rose to US$15 per barrel, so there was little movement. The operation team occasionally used a small amount of funds to make short-term differences.

However, in the case of gold futures, as the international gold price exceeded 400 US dollars per ounce, the long orders of Hutchison Whampoa and Yum Fund began to be sold slowly, and the positions were closed smoothly.

Among them, Yum Fund's gold futures long order bought 1.53 billion Hong Kong dollars, which is about 364 million US dollars. This long order was bought below 210 US dollars per ounce, with an almost 100% increase. When sold,

The funding is almost US$700 million.

Although the amount of funds of US$700 million is quite large, the long positions in gold futures are very strong. Therefore, when the gold price exceeded US$405 per ounce, the long orders in the Yum Fund account had been basically eliminated.

On the other hand, Hutchison Whampoa's US$2 billion in buying funds was purchased at a cost price of nearly US$250/ounce. When the gold price exceeded US$400/ounce, this amount of funds became more than US$3 billion, and the closing speed was not as fast.

Soon.

(End of chapter)