Reborn Xiangjiang as a Tycoon

Chapter 726

(Not modified yet)

"Yum Fund's long gold futures order has been closed. Is Hutchison Whampoa's US$200 million investment really a long position? And can't it be a long position using leverage?"

Yum Fund's gold futures long orders are financed from HSBC, so when the long orders here are sold, HSBC will naturally know that Shen Zhou, who has specially arranged for people to keep an eye on it, will also be reported immediately.

Shen Chou didn't think much about it at first, but now Hutchison Whampoa's stock price has risen sharply in a short period of time, and a large amount of funds have entered the market to do long positions. Shen Chow has reason to suspect that these funds are related to Lin Baicheng.

Although Xiangjiang's stock market stipulates that the largest individual shareholder's shareholding ratio in a listed company cannot reach 50% and can only be lower than 50%, but if you really want to exceed it, you can do it through some means. Shen Zou believes that Lin Baicheng can do it This will not be exposed.

If the funds for long Hutchison Whampoa are really related to Lin Baicheng, then HSBC's previous behavior of selling stocks is wrong. Only when Hutchison Whampoa's investment makes huge profits, Lin Baicheng will spend a large amount of money to buy Hutchison Whampoa. stock.

At present, these are just speculations, and we need to inquire whether this is the case.

That night, Shen Zhou arranged for someone to inquire with Hutchison Whampoa's executives. Many of Hutchison Whampoa's executives were British. As long as they were willing to spend money, they could get some information.

Unfortunately, the next morning, Shen Zhou learned that the PR Wei Li failed, and other management did not find out the relevant information. It can be said that they found nothing.

On this day, Hutchison Whampoa's stock price rose amid shocks. The stock price increase that day was not very high, but it was still 2.77%. The closing price was HK$63.45. The company's total market value exceeded HK$25 billion.

The stock price of Hutchison Whampoa did not rise very much today, but the turnover rate was very high. The higher the stock price went up, the more people sold the stock.

On this day, the funds cooperated by Lin Baicheng, Bao Yugang and others completed the opening of a large number of positions. Including the amount purchased yesterday, the position was opened at about 700 million Hong Kong dollars in two days.

On the same day, in the middle of the night, there was a call from New York, saying that today the international gold price had risen sharply and fell back. It rose to a maximum of 423.85 US dollars per ounce, but closed at 412.6 US dollars per ounce, creating a negative line with a long upper shadow. , the trend is very ugly.

Vivien Kelly and others judged that the international gold price will have a long-short game on Thursday, New York time. Once the short sellers are strong, the gold price will fall below the price of 400 US dollars per ounce. If the bulls are strong, it will fluctuate and rise, but it will not overshoot. If it is too high, and if there is no good news after the rise, the price of gold will inevitably adjust and fall back. The increase in the recent period is too high.

Lin Baicheng asked Vivien Kelly to operate according to the plan. As long as the gold price is above 400 US dollars per ounce, he can close as many long orders as he can. The operation will stop when the gold price is below 400 US dollars per ounce.