v3 Chapter 1163: The financial landscape once again covers 1 continent (1/2)
While the Bright Fund was buying HSBC Holdings in a big way in the UK, it was secretly buying the shares of Barclays Bank.
Having been in the quagmire for so long, the market value of Barclays Bank has already broken 4 billion pounds.
The Bright Fund first went dark and then revealed. A total of 14.5% of the equity was acquired from the stock market for a total of 497 million pounds.
George Berkeley wanted to buy more shares, but when he acquired more than 11% of the shares, he was discovered by the Rohill family.
Afterwards, the Rothschild family immediately invested funds to raise funds, so that the Bright Fund did not increase its shareholding ratio to more than 15%. Unfortunately, it missed the third board seat.
However, the initial planned 10% equity and two director seats are completed.
After the Bright Fund entered the Barclays Bank, the Rothschild family was furious, but they had no choice but to temporarily let it go, waiting for future opportunities to clear the Bright Fund out.
Xia Yu, who was far away in Xiangjiang, couldn't help laughing in the office after learning the details.
As for Standard Chartered Bank, the plan is also very smooth.
Although Standard Chartered Bank of South Africa is the largest commercial bank in South Africa, it is also the largest commercial bank in Africa.
However, due to Africa's economic backwardness, the total assets of South Africa's Standard Chartered Bank is actually only 5.4 billion U.S. dollars. The original market value before the outbreak of the crisis was only more than 320 million U.S. dollars.
After falling into the vortex of the Latin American sovereign debt crisis, South Africa's Standard Chartered Bank's stock price was cut in half.
Standard Chartered Bank already holds 39% of South Africa's Standard Chartered Bank, so it is not difficult to acquire other shareholders' shares.
When the market value of Standard Chartered Bank in South Africa fell below US$150 million, Standard Chartered Bank, for efficiency, made acquisitions at a premium.
Finally, at a cost of 98.6 million US dollars, the South African Standard Chartered Bank was privatized and became a wholly-owned subsidiary of Standard Chartered Bank.
In this way, Xia Yu also reached out to South Africa, the most developed country in Africa.
There are representative banks in Asia, North America, Europe and Africa.
Although there are no representative banks in Oceania and South America, whether it is HSBC, Royal Scottish Bank or Standard Chartered Bank, all have branches in these two continents, and they have considerable influence together.
...
Let's talk about the Xiangjiang side.
After half a month of bombing propaganda, the Hong Kong Futures Exchange is about to reform and the news of the launch of the four major commodity futures not only spread throughout Southeast Asia and the island countries, but also European and American countries.
There are hundreds of financial institutions in Xiangjiang, among which at least half of the branches of international financial institutions, none of them are willing to miss the Xiangjiang Futures Exchange.
In the past half month, apart from carefully studying the rules of the Hong Kong Futures Exchange and the information on the four major futures, these financial institutions have done one thing most.
That's currency exchange!
Convert all currencies such as U.S. dollars, pound sterling, and yen into Hong Kong dollars.
Because the only trading currency of the Hong Kong Futures Exchange is the Hong Kong dollar.
According to statistics from the Monetary Authority, in less than half a month, HeungKong's various foreign exchanges have increased by more than 3.2 billion US dollars!
This means that in less than half a month, more than 3.2 billion US dollars of foreign capital has flowed into Xiangjiang.
Some of these funds are temporarily left in the account, ready to enter the futures market.
And some, after analyzing the long-term upward trend of the Hong Kong stock market, they directly invested in the stock market, directly stimulating the daily trading volume of the Hong Kong stock market to exceed 2 billion Hong Kong dollars.
In a blink of an eye, it was November 15th.
This day is also Monday.
Not far from the Xiangjiang United Stock Exchange, the Hong Kong Futures Exchange held a grand ceremony.
The specifications of the ceremony were not inferior to the establishment of the Xiangjiang United Stock Exchange, and Xia Yu once again appeared as the platform of the Xiangjiang Futures Exchange.
Subsequently, in the eyes of the public, the Hong Kong Futures Exchange opened and launched natural rubber futures-hk101 futures contracts, Hang Seng Index futures, Nikkei 225 stock index futures and London FTSE 100 stock index futures.
Among them, the natural rubber hk101 contract is supported by a number of Southeast Asian rubber giants such as the Kepong Group. The futures exchange stipulates that one lot is 10 tons, the minimum change unit is 5 Hong Kong dollars per ton, and the minimum trading margin is 10%.