Chapter 416 Black Tuesday

[North American sales champion, two-week champion]

[Hong Kong Film History No.1: Jackie Chan]

[The global box office raked in 2.12 million US dollars]

Under the hype of Huanyu Group, the news that Jackie Chan's "Flying Eagle Project" was a great success in the North American market swept across Hong Kong in an instant.

The news was announced at noon, and the Hang Seng Index opened in the afternoon. The stock price of Huanyu Group bucked the trend and rose.

With a market value of 500 billion, it swept away the haze of the sharp drop in the morning and became the brightest boy in the entire Hang Seng Index.

As the stock king of the Hang Seng Index, the rise of Huanyu Group's stock price against the trend has also stopped the downward trend of the entire market.

It can be said that because of a piece of news from Huanyu Group, the short-selling plan that HSBC spent [-] million U.S. dollars to implement was all in vain.

As the executor of this plan, Wells suddenly felt that times seemed to be different.

HSBC, the uncrowned king, seems to have lost its one-sided dominance in Xiangjiang.

The last time he felt this way was seven years ago when Bao Yugang bought the shares of Standard Chartered Bank.

At that time, the feeling should not be as strong as it is now, because Bao Yugang was not as decisive as Zheng Yaoyang, and the sudden discovery that he was seriously ill also made Bao Yugang lose his ambition to continue to expand the territory.

Wells had no choice but to bite the bullet and find Stephen, the CEO, with the relevant information he had collected.

Stephen had just finished his lunch break, and he didn't know that the market trend had changed. He asked with a smile, "Wells, how much has Huanyu's stock price fallen? Have they started buying back shares?"

In his plan, as long as the Huanyu Group joins the battle, they will be in the right hands, and they can start the battle in advance.

It can also consume the reserve cash flow owned by Fuxing Bank as much as possible before Xiaobawang goes public.

If they don't participate in the war, then they will short Huanyu Group as much as possible, making investors lose confidence in Zheng Yaoyang, thus affecting the listing of Xiaobawang.

In other words, regardless of whether the Huanyu Group participated in the battle or not, they could achieve their ultimate goal.

Wells sighed, and handed out the information he had just collected: "Stephen, take a look."

Stephen's optimism and self-confidence made him feel a sense of crisis, maybe HSBC would capsize in the gutter.

Zheng Yaoyang's strength is not as good as it was two years ago. Now he is the richest man in Asia and the richest Chinese. Heung Kong Telecom monopolizes the communication industry in Hong Kong. He also has Woodpecker Fund and the Huanyu Group, which is a killer of public opinion.

Maybe they should put away their arrogance, treat him as an equal opponent, and go all out.

Stephen saw the content of the information, the smile on his face gradually disappeared, and he pondered for a moment: "The short Huanyu plan is temporarily cancelled, how is the situation with Tsingtao Brewery?"

Although he is arrogant, he also knows that this good news is enough to offset the bad news in the market.

Also, they already held shares in Huanyu, but they just sold them and shorted them by the way, and the losses were not much.

On the contrary, the shares purchased a long time ago are sold now, and the profits are hundreds of millions of Hong Kong dollars.

The only loss may be that they lose the bargaining chip to short Huanyu, and if they want to short in the future, they can only choose to sell securities with Standard Chartered Bank.

Wells said: "Mr. Huang's materials have been submitted, and it is said that they are still under review."

As for acting as an agent for Tsingtao Brewery, he actually didn't have any hope, as he heard from the third in command of the brewery.

Some time ago, just after they left, Wade brought people over to discuss the listing in Hong Kong.

They searched for more than a month before they found this company. It was impossible for Wade to learn the news so quickly.

Someone must have leaked the secret, and with Zheng Yaoyang's closeness to the mainland, the possibility of an official leak is the greatest.

The referees all came down to help, so what did they get from HSBC, and what qualifications did they have to compete with Fuxing Bank.

Stephen's face gradually became gloomy, and it seemed that this plan could only fail.

Because Fuxing Bank is almost hand-picked by the mainland, the only channel for mainland companies to go public in Hong Kong.

Stephen pondered for a long time, and ordered: "Then change the strategy and use 500 billion to short the Hang Seng Index. I want to see if Zheng Yaoyang will turn a blind eye."

Wells opened his eyes wide and couldn't help asking: "Stephen, have you considered the consequences if the plan fails? Have you reported this to the headquarters?"

He could understand Stephen's intentions, shorted the entire Hang Seng Index, and forcibly pulled Fuxing Bank into the battlefield.

As long as Zheng Yaoyang does not accept the move, the Hang Seng Index will usher in a man-made stock market crash.

Under the influence of the stock market crash, no matter how good Xiaobawang's stock market is, it is bound to be affected by the market environment.

Wells does not doubt that HSBC has this ability. The latest total value of the Hang Seng Index is 1.2 trillion Hong Kong dollars, and they hold nearly 2000 billion worth of stocks, so they are qualified to do so.

But once they do this, even if they win Fuxing Bank, they will kill one thousand enemies and lose eight hundred.

Most of the bank's wealth is in the financial market. The sharp drop in the Hang Seng Index means that their interests have been damaged, and they will have to pay more if they want to enter the Hang Seng Index in the future.

The most critical point, if Zheng Yaoyang chooses to accept the move, and wantonly take over the stocks they sold.

They will lose the important chips in their hands, and at the same time, Fuxing Bank will gain a firm foothold in the Hang Seng Index.

After all, Fuxing Bank undertook the IPO and actively promoted mainland companies to go public in Hong Kong. Their original intention was to enter the Hang Seng Index with cheap bargaining chips.

What Stephen is doing now, no matter how you look at it, is the work of an inner ghost, and his behavior is very irrational.

Stephen's face was gloomy, and he scolded in a cold voice: "Wells, this is not something you should care about. I will explain the situation to the headquarters in person."

It's not that he hasn't considered Wells' concerns, but that's just the worst case scenario.

The majesty of the British Empire cannot be offended. If Zheng Yaoyang cannot be suppressed forcefully this time, there will be a lot of people like Li Yaoyang and Guo Yaoyang in the future.

It is necessary to kill one to warn others!
Wells hesitated to speak, but seeing Stephen's resolute expression: "Okay, I will execute it immediately."

If they don't interfere with Fuxing Bank's plan, Xiaobawang can go public with peace of mind.

In the worst case in the future, Xiangjiang will present a bipolar situation, just like the current world structure, the Soviet Union and the United States, and the banking industry still respects them.

Even if Xiangjiang returns six years later, at most they will share the entire Xiangjiang market with Bank of China, and even occupy a dominant position.

After all, they are local tyrants, and the Bank of China is also worried that rashly carrying out reforms will hurt the feelings of the people of the two places.

But Stephen chooses to do this. If he accidentally fails, it will shake the foundation of HSBC Bank and may lose its dominance as the overlord.

In order to defeat Fuxing, Stephen put the future of HSBC on the table, and in his opinion, he has lost his mind.

Wells didn't try to persuade him, and he didn't even have the idea of ​​making a small report with the British headquarters.If the leaders don't make mistakes, how can their subordinates survive.

Tuesday, October 4th.

Driven by Huanyu yesterday, the Hang Seng Index bottomed out as a whole and rebounded without causing too serious a decline.

The strong rise in Huanyu Group's stock price has also made many people look forward to Xiaobawang's lottery on the 29th.

I Roadshow freezes funds up to 20 times, which also means that each subscription fund has a 20/[-] chance of winning a prize.

The investors who subscribed are very optimistic. Judging by the current strength of Huanyu and Zheng Yaoyang's reputation, as long as they can win the lottery, they will generally earn more than 30 points.

So much so that the market began to buy subscription contracts at a premium of 10%, regardless of whether they won the lottery or not, they all bought subscription contracts at 1100 shares.

In this peaceful and quiet atmosphere, the Hang Seng Index opened again at nine o'clock in the morning.

It seems that Black Monday passed safely, and the shareholders of Hang Seng Index ushered in Black Tuesday again in a blink of an eye.

Yesterday was the decline of individual stocks in Huanyu, which caused the market to fall, so today is the complete opposite.

The Hang Seng Index fell -4.5% at the opening. In just a few minutes, market outflows reached 300 billion Hong Kong dollars.

It hit 4530 points in one year and fell below 4300 points. There seems to be no support below.

The K-line chart of the market is like diving. It has fallen straight since the market opened without any hindrance, breaking through one defense line after another that should have existed.

Except for Huanyu, which started sideways, almost all stocks jumped suddenly, with an average drop of -5%.

The sudden arrival of Black Tuesday left no one in time to react.

(End of this chapter)

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