Rebirth 1984: Starting with the development of Hanka

In fact, a week ago, U.S. stock market prices fluctuated greatly, but many investors only believed that this was a short-term correction and would not affect the trend of U.S. stocks.

On Monday, October 10, the weather was sunny, and the peaceful sky in the United States turned a refreshing blue. The mood of the stock investors was as bright as the clear and clear blue sky. However, from the moment the exchange opened for business at 19:9 in the morning, people's mood suddenly fell to the bottom, and the sky above seemed to be no longer a pleasant blue, but turned into a frightening one. Uneasy black.

As soon as the U.S. stock market opened, the horror that had lasted for half a century reappeared. The stock market plummeted like an avalanche, causing panic across the United States. And because of market rumors, it triggered panic selling.

As the stock market continued to plunge, a large number of hedging orders further shorted index contracts in the stock index futures market, which in turn continued to push the stock index to plunge. The market has entered a vicious cycle.

It soon led to a complete collapse of the U.S. stock market!

On that day, global stock markets plummeted, led by the Dow Jones Industrial Average in New York, triggering panic in the financial markets!

This incredible "Black Monday" happened!

In just 3 hours, the Dow Jones Industrial Average fell 508.32 points, or 22.62%. This means that the stocks in the hands of shareholders have depreciated by more than 5000% in one day, and a total of 10 billion US dollars has disappeared, which is equivalent to one-eighth of the annual GDP of the United States. It has evaporated in an instant. Immediately, panic spread to other areas outside the United States. On October 19, stock markets in London, Tokyo, Hong Kong, Paris, Frankfurt, Toronto, Sydney, Wellington and other places also fell.

Over the next week, panic grew. On October 10, Tokyo Stock Exchange stocks fell by 20%, setting a record for the highest decline in Tokyo Securities. On October 14.9, Hong Kong's Hang Seng Index plummeted by 10 points, a drop of 26%, setting a record for the Hong Kong stock market's historical decline, engulfing all gains since November 1126. In response, stock markets in Tokyo, Sydney, Bangkok, Singapore and Manila also fell. So the news of the Asian stock market crash spread back to Europe and the United States, causing the European and American stock markets to plummet.

据统计，在从10月19日到26日8天内，因股市狂跌损失的财富高达2万亿美元之多，是第二次世界大战中直接及间接损失总和3380亿美元的5.92倍。美林证券公司的经济学家瓦赫特尔因此将10月19、26日的股市暴跌称之为“失控的大屠杀”。

During this period, banks went bankrupt, factories closed, companies laid off massive layoffs, and the tragedy of the stock market crash of the past happened again!

Governments from various countries have stepped in to rescue the market, and major companies have bought back shares to restore market confidence.

At this time, people discovered that Wujiang Group had sold off its shares to cash out a large amount of funds before the stock market crash, and had borrowed huge amounts of funds from major banks.

This……

Could it be that Wujiang Group has already speculated that the global stock market crash is coming?

Wujiang Group only raised funds and did not take the opportunity to short the stock market to make profits. Therefore, investors did not feel resentment towards Wujiang Group, but instead felt admiration.

At this time, Li Jiacheng also escaped the stock market crash. Just a month ago, Cheung Kong Holdings, Hutchison Whampoa, Hong Kong Electric, United Overseas, Chinese Land, etc. successively announced shareholdings to raise funds, raising a total of 103 billion, drawing a large amount of funds from the market.

He was also praised for his foresight.

However, compared with Zhao Ye, it pales in comparison.

A Hong Kong financial newspaper collected detailed fund-raising measures of Wujiang Group in recent times from announcements issued by listed banks in Hong Kong, Japan and the United States.

As soon as the newspaper was published, it immediately caused a huge sensation throughout Hong Kong!

"According to this newspaper's investigation, Galaxy Financial Company, a subsidiary of Wujiang Group, had sold off all the stocks it held in dozens of companies before 'Black Monday', cashing out 120 billion Hong Kong dollars!"

"In addition, Wujiang Group has reached loan agreements with HSBC, Hang Seng Bank, Standard Chartered Bank and other banks, lending a total of 80 billion Hong Kong dollars!"

"We borrowed one trillion yen from the Bank of Tokyo, Japan Post Bank, Daiwa Bank, Sumitomo Mitsui Financial Group and other financial institutions, and converted it into U.S. dollars, which is almost 71 billion U.S. dollars!"

"In addition, we also borrowed a total of US$42 billion from American banks such as Citibank and Morgan Bank..."

"Nowadays, Wujiang Group has extremely huge cash flow!"

"If Wujiang Group is willing to step up its efforts and rescue the market, the downturn in the Hong Kong stock market will immediately improve!"

With the circulation of newspapers, the impact was huge.

Countless Hong Kong stockholders petitioned outside Wujiang Group’s Hong Kong branch, requesting Wujiang Group to rescue the market.

Hong Kong's richest man, Li Ka-shing, had previously announced a bailout. However, his limited financial resources still could not withstand the downward trend of the Hong Kong stock market.

It's called market rescue, but it's actually bargain hunting.

Of course, Zhao Ye would also do the same thing as Li Jiacheng.

The rescue of the market is just a matter of course. If you buy the bottom yourself, won't the Hong Kong stock market rise?

Zhou Anping walked out of the company gate and came to the petitioning shareholders. He looked around and said impassionedly: "Hello everyone, I am the general manager of Wujiang Group's Hong Kong branch. I can understand your mood at the moment. But please Don’t worry, Wujiang Group will not let Hong Kong’s economy and stock market continue to fall. The group company is meeting to study how to save the market. Please go back and wait patiently!”

Zhou Anping comforted everyone and then persuaded them to leave.

As for the so-called bailout, Zhao Ye had actually discussed it with Zhou Anping before.

Taking advantage of the stock market crash, Galaxy Financial Company acquired banks, insurances, trusts, securities dealers, financial leasing, futures, funds, fund subsidiaries, fund sales, small loans, pawns and other companies with financial licenses.

Then there is the crazy bargain hunting in the stock market, such as Cheung Kong Holdings, Hutchison Whampoa, Wharf, Hong Kong Electric, etc... a large number of companies with development prospects.

Use the money borrowed from the bank to buy at the bottom, wait for the stock price to rebound, and then sell it. During this period, you can make a profit of at least 40%!

Wujiang Group itself also has a large amount of capital reserves. If we don't make a lot of money during this stock market crash, how can we be worthy of the "Black Monday" that only happens once in a century?

Wujiang Group's bargain hunting is an act of rescuing the market. Not only is it not disliked by others, it is also very popular.

In addition to bargain hunting in Hong Kong, Wujiang Group will also be bargain hunting in the United States, Japan and Europe.

In the previous life, Hong Kong's stock market and economy were affected by the stock market crash and would remain depressed until the end of 1987.

So, let the bullets fly a little longer.

At this time, Zhou Anping could not hide his excitement. He had already counted a lot of companies he wanted to acquire, and when the time was right, he could come forward to acquire all these companies.

Galaxy Financial Company will become a pivotal financial giant in Hong Kong in one fell swoop, and its business will even expand to Southeast Asia, Europe and the United States.

On the evening of November 11, Zhou Anping contacted the Australian businessman Robert Home, the major shareholder of Standard Chartered Bank.

Ask him if he intends to sell his shares in Standard Chartered Bank.

Robert Home is now in a very bad situation. The stock market crash has had a huge impact on his company.