v3 Chapter 1042: The run is coming (1/2)
”The Hang Seng Index fell below 1,700 points!”
As soon as the stock market opened, with a scream, the market dived again, and the road to a full-scale decline opened again.
”The Swire Group has a buy order and has begun to buy back. Look at Swire Shipping.”
”Swire Warehouse also has an order to pay, everyone quickly sell it...”
Soon, many investors who knew about the press conference held by Swire Group at noon found out that the Swire Group was really buying back shares!
This makes these investors very excited, rushing to adjust the price to sell orders, trying to flee.
As for restoring confidence and continuing to hold it?
This idea, at most, flashes in the minds of more greedy investors.
Now the stock market crash is definitely not in the end. Who knows how much funds Swire Group is going to buy back? If you don’t seize the opportunity to flee, and wait until Swire Group has no funds to give up the repurchase, the stocks you hold will not be able to cash out. .
This choice of investors has caused the Swire Consortium’s listed companies’ selling orders to become very active. Swire Financial, which is responsible for the operation of repurchase matters, has been in a hurry, and Norman Shiya, who has been following it, is frightened.
But no matter what, Swire Financial has basically temporarily maintained the stock prices of Swire Group and other companies.
The only price is the rapid consumption of funds.
Fortunately, Norman Shiyahuai got news from London. His eldest son has already borrowed funds urgently. Today, he is confident of borrowing at least 50 million pounds, which is nearly 400 million Hong Kong dollars in exchange for Hong Kong dollars.
In addition to the 300 million Hong Kong dollars originally owned by Swire Financial, there is more than 700 million Hong Kong dollars in liquidity, and he is more certain.
Although continue to borrow money now, once they fail, the loss will be even greater, but now if they fail, the Shi Yahuai family can also lose their underwear and end in bankruptcy. Since the results are similar, it is better to fight for a living!
The stock prices of the Swire Consortium's companies have temporarily maintained, but the Carrian Group has taken the center stage.
There are a total of three listed companies under the Carrian Group, namely Carrian Real Estate, Vinda Shipping and Qichang Life Insurance Company, which was acquired just over two months ago.
All the rumors that broke out in the morning were deadly enough to cause the stock prices of these three listed companies to plummet.
At noon, Chen Qingsong, the legendary chairman of the Carning Group, was taken away by the police, and the people of Yumin Finance were also taken away by the police. These two news made everyone believe the truth of the ”rumors”.
After many investors had their brains replenished, they also solved their doubts about the history of the legendary rise of the Carning Group, and sentenced the Caring Group to death in their hearts.
Reflected in the stock market, the stock prices of the three companies have collapsed, and the prices of the selling orders placed by investors have become more severe, which is entirely a trend of jumping off the property price.
But other people are not stupid. The possibility of the Carrian Group going bankrupt is extremely high. Even if someone takes the order, it will be taken over by the boss after the bankruptcy liquidation. Where can they get these simple financial institutions and retail investors?
...
In the operation room of Jiuding Securities Company, the atmosphere is not serious at all, it is very relaxed and cozy. Even the employees have nothing to do. They get together in twos and threes while joking and analyzing the stock market.
Wang Qi and Song Bo were standing beside Xia Yu, but Xia Yu and Wang Qi talked and laughed freely, while Song Bo smiled reluctantly and looked very worried.
Seeing that the stock price of Swire Group had been temporarily maintained, Xia Yu laughed instead.
”Hehe, I didn't expect Norman Shiyahuai to get old so quickly, he seems to overestimate his strength.”
Wang Qi nodded in agreement and smiled: ”Yes, now that the market value of Swire Group has not fallen to the market value before our action, Norman Shiyahuai began to buy back, and he must have taken a lot of equity to pledge loans.”
”I just don't know how much money Norman Shiyahuai still has to buy back shares!”
”It stands to reason, there shouldn't be much, how can he have the confidence to fight?”
Song Bo suddenly said at this time: ”Mr. Xia, the president of Taikoo Industrial Group proposed to buy back shares to stabilize the stock price. I directly rejected it, but it is difficult for other companies to say.”
”It doesn't matter, the more you buy back, the faster you die.”
Xia Yu smiled slightly and said faintly: ”Since he is so rich, Swire Financial must return the money to others.”
Wang Qi was taken aback, and he heard the profound meaning of Xia Yu's words. He actively asked: ”Chairman, do you want to encourage investors from Swire Financial to ask for investment funds?”
Xia Yu gave Wang Qi an appreciative look, and said with a faint smile: ”Yes, Norman Shi Yahuai has always used Swire Financial's public funds for private use, regardless of the interests of investors. This behavior must be stopped.”
Wang Qi laughed immediately. He could imagine the embarrassment of Norman Shi Yahuai and Cedric Quincy when investors surrounded Swire Financial.
Xia Yu gave Wang Qi a look, and the latter immediately nodded in response, and then left the operation room directly.
Xia Yu looked at Song Bo again and said with a smile: ”Mr. Song, the stock price plunge of Swire Industrial Group is a good thing for you. Just wait for a low-price order.”