Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading

Free Web Novel,Novel online - All in oicq.net -> Romance -> Looking back at 1991

Chapter 290

Previous page        Return to Catalog        Next page

    You can search "Looking Back 1991" in Baidu to find the latest chapter!

    three days later

    The London Stock Exchange closed on January 6.

    On the computer, the stock price of HSBC Bank showed a thrilling negative line of breaking the position, and finally fixed at 2.68 pounds per share, making the faces of the bulls green.

    ? There was a deathly silence in the huge computer room, and no one dared to make any loud noises.

    What does ¡ê2.68 per share mean?

    In just three days, HSBC's stock price has evaporated by one-third, and as much as 12.6 billion pounds (19.8 billion U.S. dollars) has been wiped out.

    Almost 90% of the original HSBC's market value has fallen, leaving only 25.6 billion pounds (40.2 billion U.S. dollars), and it is in jeopardy.

    Why is there such a stampede of people scrambling to flee?

    ? When the market closed on January 5, Royal Family Fund issued the first shareholding reduction announcement, and the shareholding in HSBC was reduced from 24.31% to 18.86%. The announcement is hereby made.

    ? On the morning of January 6, when the market closed, Royal Family Fund issued the second shareholding reduction announcement, and the holding of HSBC shares was reduced from 18.86% to 13.57%. The announcement is hereby made.

    Shortly after the opening of the market on the afternoon of January 6, Royal Family Fund issued the third shareholding reduction announcement, and the holding of HSBC shares was reduced from 13.57% to 7.56%. The announcement is hereby made.

    result

    Can be one, two can't be three, the fragile nerves are finally broken.

    After the London stock exchange market opened on the afternoon of January 6, the high stock price of HSBC collapsed, and countless sell-offs drove the stock price straight into the abyss.

    Large and small organizations scrambled to stampede first, resulting in a tragic situation where more people killed more people. Most of the people were locked up in high positions, watching the mountain in pain.

    Some people revel, while others suffer.

    Crewe Humphrey's eyes were bloodshot, he looked at the ashen-faced Richard Trier ferociously, and pointed at the computer screen with trembling hands; "This is what you call an easy victory, my God, we are finished.  "

    The air seemed to freeze, and the silence was scary.

    Richard Trier raised his face, his madness flashed away, he stared fixedly at Crewe Humphrey without speaking;

    If this arrogant kid dares to shout again, Richard Trier doesn't mind blowing a bloody hole in his forehead.

    "It's over?"

    George Crown was not in the mood to caress his beautiful upturned mustache, and he still didn't recall it. After all, 4.5% of the shares are still in his hands, which is also valuable.

    "Idiot, wake up! The stock you bought for 2.6 billion dollars is now worth 1.78 billion. You have already lost 820 million. You are about to go bankrupt, country bumpkin."

    "Watt? We are major shareholders, and we can raise the share price."

    Crew Humphrey just laughed angrily at the stupid remark and didn't bother to explain.

    The London stock exchange market is the most mature exchange. There are no private retail investors here. Most of them are professional investment funds and speculative funds. The personal stock accounts are all professionals who manage money for the rich.

    Now that the market is collapsing, the key is that the confidence in the market has completely collapsed. Whoever dares to sell the pallet will have all the stocks smashed in. This is against the trend and no one can hold it back.

    ?It must fall to a low point before it is possible to undertake. This includes the self-rescue of institutions, and it must fall deep enough to spread the cost.

    Therefore, today's sharp drop is not the end.

    January 7th and January 8th are rest days, and the final decision will not be seen until the market reopens on January 9th.

    George Crown ate a stomachful of HSBC stocks at the peak of the stock price, and the market value has lost 30%. I hope he has a good enough appetite to digest it.

    The Cleveland consortium entered the market earlier, and the cost of holding shares has gradually decreased in the band operation. The current loss is between 7.5% and 8% of the total investment, which is still affordable.

    Crewe Humphrey kept his eyes open and did not invest all his funds. He could take some back at a low level to dilute costs and reduce losses.

    George Crown from Chicago was miserable, he had the highest cost, and he didn't have much money left, which was really worse.

    Here, only the BlackRock Group has the lowest cost of holding shares, and it still has not reached the loss line. However, the pallet operation during the stock price peak period also increased the cost of holding shares of the BlackRock Group.

    Whether it will die or not is ugly, it depends on the situation after the market opens on January 9.

    If the royal family fund continues to reduce its holdings substantially, it means giving up its merger and acquisition efforts, then the last hope will be extinguished, and the stock price will inevitably fall back to the original point or even lower.

    Without the imagination of the royal family fund to acquire HSBC, the stock price is like a leaky boat.If it is about to sink, the most important thing at this time is to jump off the ship and escape.

    ? Some speculative funds even took the opportunity to wantonly short-sell to obtain huge profits, which aggravated the tragedy of multiple killings and trampling.

    In other words, there is at least 13 more room for decline, and there may be more.

    Thinking about it makes people shudder. The Royal Family Fund is really ruthless. It must be a lot of money to wash the shares of HSBC Bank.

    Half is sea water, half is flame.

    City of London, Warship Street,

    Crawford Building.

    ? Royal Family Foundation London Office

    The secretary sent and printed the complete details of the battle report. Director Du Bo, Deputy Director Macaulay King, members of the headquarters Luo Qianjin, and Pan Shiyi were all waiting for this report, so they hurriedly took it over and read it carefully.

    Four days of battle;

    The Royal Family Fund reduced its shareholding from 26.54% to 7.54%, a total reduction of 19%, the average price of the reduction was 3.42 pounds per share, and a total reduction of 6.2 billion pounds (9.749 billion US dollars), plus the original investment account funds of 3.534 billion pounds (  5.55 billion US dollars), a total of 9.734 billion pounds (15.3 billion US dollars)

    With such a huge amount of stocks, the average price of the reduction can reach 3.42 pounds per share, which is already remarkable.

    ? For one thing, there is a certain lag in the release of the announcement, and the amount of the initial shareholding reduction is far more than this. When the 5% shareholding reduction was announced, the actual shareholding reduction was 9.9%, which is not illegal within a day.

    Second, thanks to the stupidity recruited by BlackRock super partner Richard Trier, Royal Family Fund was surprised by the strength of the HSBC stock that was swallowed up at a high position.

    The white knight definitely can't do it, and the stupid knight is about the same. It really rushed up and made a chaotic round of Wang Baquan, which made the Royal Family Fund nervous for a while.

    Out of caution, the core staff above the team leader held a meeting to study in the middle of the night, carefully considered and deduced various situations, and finally came to a conclusion;

    The hemp skin is purely due to taking too much rat poison.

    Since people are stupid and have a lot of money, let him eat his fill. Are you afraid of a big belly man when you open a restaurant?

    After the market closed, I calculated the accounts;

    A year ago, a total of 8 billion U.S. dollars was invested, and now the book capital has reached 9.734 billion pounds, or 15.3 billion U.S. dollars, and holds 7.54% of the shares.

    ? Although the goal of holding HSBC Bank has not been achieved, it has made huge profits so far. It can be said that there are gains and losses.

    The strategic goal was not achieved, but the campaign goal was a complete victory.

    It's a pity that the good news cannot be issued at this time, because the chairman is now newlyweds, and when the bridal chamber is celebrated, it really takes courage to stir up people's dreams at this time.

    Several people looked at each other, smiles involuntarily climbed up their faces, the tacit understanding was beyond words, so just wait for a long time.

    During the whole day of market transactions on January 6, there was a situation of more killings and more stampedes in the afternoon, which raised a glimmer of hope in the hearts of Du Bo and others.

    "How about it, do you still want to do it?"

    "It's really possible to turn the tables. If an opportunity arises, I won't be willing to seize it."

    "When market confidence completely collapses, the possibility of success is really great."

    At this time, another fatal blow to HSBC's share price is tantamount to drawing salary from the bottom of the pot.

    In the end, when the stock price collapsed and made a comeback, proudly controlling the controlling stake in HSBC Bank, it will really evolve into a classic battle example, which will forge the royal family fund's golden reputation in the market, and it is fascinating to think about it.

    "But where is the chairman?"

    Everyone stopped talking, the chairman Wang Yaocheng was full of deterrence, and ninety-nine percent of the people present were brought out by him alone, which is equivalent to a soldier.

    Everyone here has to take a high look, including those arrogant British nobles, leave the platform of the Royal Family Fund and go out to count?

    "Or, let's report. The position of director of the family trust fund management office is a heavy responsibility. I can't bear the crime of disobeying orders!" Du Bo struggled a lot, but gave up this tempting idea in despair.

    As soon as this remark came out, everyone was discouraged.

    The chairman's e-mail stated very clearly that since he decided to withdraw, he would resolutely withdraw, and no half-hearted nostalgia was allowed.

    Working in the Royal Family Fund, the most important thing is to execute the order of the chairman to the letter. If you open your mouth to bite, you can bite whoever you want.

    Without this awareness, it is better not to work in the Royal Family Fund.  (Remember the site URL: www.hlnovel.com
Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report