Chapter 807 Chapter 810, Action

[Host: Hello, Chinese viewers from all over the world, good morning, this is Phoenix Finance Channel, I am your old friend Lu Qiu.

The guest we invited today is Hongdu, an economist and chief analyst of Yanjing International Investment Group. Teacher Hongdu graduated from the School of Economics and Management of Tsinghua University, and he is also a visiting professor at the School of Economics of the University of Haiti.

Hello, Teacher Hongdu!

Hongdu: Hello, host, hello everyone!

Host: Teacher Hongdu, I believe you have also noticed the hottest financial news in the past two days [Hutchison Whampoa stock short selling incident]. Can you talk to the majority of stockholders about stock investment and the performance of Hong Kong stocks in recent times?

Hongdu: OK, no problem!

I believe that the majority of stockholders have also noticed that since October last year, the famous mainland director Sun Hao has been shorting Mr. Li's Hutchison Whampoa company.

What is short selling?

Director Sun Hao used his own assets as collateral to borrow Hutchison Whampoa shares from several securities companies. It is said that at most, there were 40 million shares with a market value of more than 1.6 billion Hong Kong dollars for short selling. When the price was high, the stocks were sold, and then the stock price fell. When the stock price fell, they were bought back and returned to the securities company. Of course, a considerable amount of dividends and commissions had to be paid during this period.

Host: Mr. Hongdu, how much did Director Sun Hao make from this operation last year?

Hongdu: Because there was a major strike of dock workers in the middle, Director Sun Hao made about 250 million Hong Kong dollars, but later he stopped because a large number of retail investors followed suit.

But this time, the comeback is very scary. It is said that Superman Li has summoned the best financial experts in Hong Kong to be on guard.

Host: Oh, why is Mr. Li so nervous?

Hongdu: Because Director Sun Hao brought his Damai Technology Investment Company this time.

I believe that everyone is familiar with Damai Technology. The mobile phones produced by this company are currently on par with Nokia, Motorola, and Samsung in global sales, and there is a trend of leading mobile phone technology innovation.

Damai Technology Investment Company is a wholly-owned subsidiary of this company, responsible for global strategic investment, and all investments are in high-tech industries, such as Modou Microelectronics, such as the recently famous Huaxin Technology, and SpaceX, which was just established by the young American entrepreneur Musk last year...

Host: Mr. Hongdu, we are not insiders, and we are really unfamiliar with Damai Technology Investment Company, but you can tell us how this company plans to short Hutchison Whampoa's stocks, um..., or let's put it this way, how much money has Damai Technology Investment Company invested? How should we ordinary retail investors follow the trend of investment or hedge!

Hongdu: Under normal circumstances, if you want to short a company's stocks, it is generally more hidden, and you can make a little profit and leave. After all, a single person is not like a capital crocodile like Soros, who can short a country's stock market.

Director Sun Hao's behavior this time is more puzzling. He came directly with great fanfare, and Yinghuang Investment Company directly announced that the company would join forces with Damai Technology Investment Company to invest 40 billion Hong Kong dollars to short Hutchison Whampoa's stocks.

Host: Hiss..., 40 billion Hong Kong dollars, if the leverage is doubled, I'm afraid it will hollow out Hutchison Whampoa.

Hongdu: Yes! This is almost a dispute over management rights, because Mr. Li currently holds only a little more than 39% of the shares.

Host: Then..., Mr. Hongdu, do you think Director Sun Hao's action is good?

Hongdu: Not optimistic, very pessimistic.

Because Mr. Li's current cash flow has no problem, even if Director Sun Hao and Yinghuang throw all the 40 billion Hong Kong dollars of stocks into the market, Mr. Li will easily buy them under his name, and will not cause a sharp drop in stock prices and cause investors to lose confidence and then collapse.

If the stock price cannot collapse, then Director Sun Hao will not make money, not only will he work in vain, but he will also suffer huge losses.

So, retail investors who hold Hutchison Whampoa stocks, please hold on to your stocks and don't blindly follow the trend...

Host: Well, sorry, Mr. Hongdu, I interrupt. The news just came from the stock market. Due to the serious epidemic situation, Hong Kong Axe has issued the latest epidemic prevention guidelines, suggesting that everyone should not go out unless necessary and should gather less.

So, as soon as the Hong Kong stock market opened today, the Hang Seng Index immediately plummeted by 11.4, and Hutchison Whampoa stocks, which are mainly engaged in retail, ports, and petrochemical industries, fell by more than 31.6, so...]

…

Hong Kong Islanders basically only care about two things: one is the stock market, and the other is the gossip and scandals of celebrities.

After working in Hong Kong Island for more than a month, Sun Hao has now learned from the locals to read celebrity gossip weekly and appreciate Phoenix's financial news.

To be honest, Hongdu, who analyzes the stock market on TV, is still quite capable. At least he analyzes his own psychological activities.

But Hongdu didn't expect that Hong Kong Axe would use such a thunderbolt anti-epidemic measure to restrict travel and keep consumers at home, not allowed to go out unless necessary!

"Boss, what should we do next?"

The person asking the question was Li Xue, who was in charge of the showdown between Sun Hao and Hutchison Whampoa this time.

"Tomorrow!

You will start buying Hutchison Whampoa stocks from tomorrow."

"Well, how much?"

According to Li Xue, we originally invested 1.4 billion shares, and now we can buy another 1.4 billion shares and return them to the securities company. As for the extra money, that is our net profit this time.

But unexpectedly, Sun Hao only said two words.

"Buy all!"

"Buy all..., boss, are you sure that this stock will rise to the original 44 yuan?"

Sun Hao smiled, but did not answer.

How to say it?

When I made the [63 predictions], I deliberately missed one. On March 20, 2003, the United States would attack Iraq, and crude oil futures would rise sharply at that time.

The reason why Hutchison Whampoa is so awesome is that in December 1986, Li Chaoren acquired 52% of the shares of Husky Energy, a veteran Canadian oil company, for HK$3.2 billion through this company!

What day is today?

March 14, 2003!

...

After saying that, Li Xue went to work.

Although she is not allowed to go out on the street, she can remotely control the stockbroker to help her buy stocks through the phone in her room.

Sitting in the presidential suite of Yinghuang Junjing Hotel, Sun Hao has nothing to do, so she plans to write on her notebook. If she doesn't write novels, she will write about her next work plan.

In April, she will shoot the comedy movie "No Good Journey"; in May, she will go to Brazil, the United States to shoot the movie "Fast and Furious 2"; during the summer vacation in August, she will take students to shoot the romantic comedy "My Sassy Girl"; in September, she will start teaching while preparing for the filming of the TV series "The Hidden"...

While Sun Hao was busy, she suddenly received a call from the king of heaven Andy Lau.

"Director, Hong Kong Island is currently in trouble. In order to let everyone regain confidence in the face of the epidemic, we decided to hold a concert under the Lion Rock in May and donate all the proceeds to people in need.

Or, you can also come to participate at that time?"