Rebirth of the Strongest Tycoon
Vol 3 Chapter 1017: Disadvantages of equity pledge
Chapter 1017 The Disadvantages Of Equity Pledge
"Haha, do you need to talk about it? Of course I did!"
"Now that the Song family and the Shi Yahuai family are fighting to the death, many people are already ready to move, including me. Now that I know you will intervene, what am I hesitating!"
Bao Yugang laughed loudly.
"I must be counted. I may not be able to play a big role in overcoming difficulties, but if you go downwind, you are still capable of giving you a strong voice." Huo Yingdong said humbly, but the meaning was also very expressive. clear.
"A Yu, with your usual style, should you make a plan?" Bao Yugang asked after laughing.
Xia Yu nodded and said, "A preliminary plan has been made. Let me tell you now."
Bao Yugang and Huo Yingdong immediately focused on Xia Yu.
"After the acquisition of Swire Airlines by me, there are more than two hundred companies, large and small, under the Swire Consortium, but most of them are unlisted companies."
"In this process, I have promised the Song family to help them acquire Swire Industrial Group and Swire Trading Group. The shares held by the Song family in other companies other than the two groups that are connected will be used for As the cost of the acquisition, if there is something you need, tell me directly."
"..."
"However, because of the imminent stock market crash, it is too uneconomical to acquire the Swire Consortium at the current high or even higher stock price. Therefore, the real acquisition is to be placed at the back for bottom hunting. In the early stage, my plan was to stir up the price. ."
"Whether it’s the stocks of listed companies or the equity of non-listed companies, they compete with the Shi Yahuai family in all directions, forcing them to spend a lot of money to buy and increase their holdings. The more money they pay, the more hurt they will be when the stock market crash breaks out. The more!"
"At that time, unless Norman Shiyahuai wants to ruin the entire family, he can only spit out most of the assets. We just seize the opportunity to buy the bottom, pick up the valuables, throw away the worthless, and use the funds. To buy other companies in the market..."
After quietly listening to Xia Yu's account, both Bao Yugang and Huo Yingdong understood, and Bao Yugang even stroked his palms to applaud.
"A Yu, other people don't know that the stock market crash is about to happen. Your plan can definitely collapse the Swire Consortium in one fell swoop! Good strategy!"
"If you do it properly, it won't be a problem to double your assets!"
"It seems that now we have to raise funds with all our strength, the more the better!" Huo Yingdong said with a drink.
In fact, Xia Yu's plan is really simple, but because other people can't guess that there will be a stock market crash, so as long as Xia Yu and others remain silent, Shi Yahuai's family must jump into the pit in order to keep their assets.
At present, the debt ratio of HeungKong Swire Group is close to 10 billion Hong Kong dollars. In the whole of the British Swire Group, the debt is as high as 15 billion Hong Kong dollars.
This is just group-level liabilities.
If the Shi Yahuai family wants to deepen the control of the entire consortium, then it will have to go in parallel, allowing various holding groups to increase their shareholdings, and on the other, let the family funds increase their holdings.
Unless the group increases its holdings, unless it has a large amount of liquidity, it must use the group's assets and equity to mortgage the loan.
To increase the holdings of Shi Yahuai's family fund, it is necessary to use Shi Yahuai's family money, or use the equity and assets held by the family fund to mortgage loans.
In any case, assets and equity must be mortgaged, depending on whether the borrower is a bank or another family or institution.
However, once the company's stock price fluctuates sharply and the stock price of the pledged stock falls below the market value warning line set at the time of the bank's loan contract, the pledger must add the pledge or deposit, otherwise the bank has the right to sell the equity to make up for its own losses. .
This principle has the same meaning as stockholders entrusting securities companies to stock stocks, and securities companies can force their positions to be liquidated when stockholders lose money.
Therefore, as long as the Swire Consortium and Shi Yahuai's family have more loans and wait for the stock market crash, unless they can get money or equivalent assets to supplement the pledge, even if they don't want to sell, they will have no choice.
"Lao Bao, Lao Huo, once we start a fight with the Swire Consortium, it will be easy for the Hang Seng Index to break through two thousand points, but when the stock market crashes, I am 90% sure that it will fall below one thousand points."
"As for the end of the stock market disaster, it is hard to say now, I will definitely remind you then."
Xia Yu continued.
"Okay, we will listen to your instructions then."
"Yes."
Bao Yugang and Huo Yingdong replied one after another.
...
Early the next morning, Bao Yugang and Huo Yingdong held meetings of their subsidiaries one after another to shrink the company's upper-level strategy and enhance its ability to resist risks.
At the same time, the two of them also urged their companies to speed up the collection of funds and increase their capital holdings.
In addition to the company, they worked hard to find ways to increase their liquidity.
And early that morning, Xia Yu boarded the plane to Star City.
About three and a half hours later, Xia Yu arrived at Changi Airport, which opened just half a month ago in Star City, and then stayed at the Mandarin Oriental Hotel in Star City.
In the afternoon, Xia Yu took the opportunity to inspect his company in Xingcheng, and then rested until more than five o'clock in the evening. After a little preparation, he drove to Qiu's house.
This time he came to Star City in person, and Xia Yu's goal was Qiu Deba!
More specifically, it is the 7.8% equity of Swire Co., Ltd. held by the Qiu family!
When the team of Jiuding Securities Company visited the door repeatedly to no avail, and the Qiu family was kindly received, and did not agree or explicitly refuse, Xia Yu guessed that Qiu Deba should be waiting for him to come in person.
As for the purpose of Qiu Deba, Xia Yu could not guess, but it may be clear tonight.
The agreed time was 6:30 in the evening, and Xia Yu’s car arrived at Qiu’s house at 6:24, which was within five to ten minutes early, which was very appropriate.
Facing the arrival of Xia Yu, the strongest man in Xiangjiang, the Qiu family gave a grand welcome ceremony.
When Xia Yu's car passed through the large iron gate of the house and came to the front entrance of the inner villa, he saw Qiu Depuan, who was over sixty years old and had white temples, and his descendants were standing at the door in person. He immediately ordered the car to stop. , Let Li Wuming take the carefully prepared gift, and walk towards Qiu Deba after three steps and two steps after getting off the car.
"Mr. Qiu, you are the younger generation of Shao Shao, so your old family welcomes me together, it really makes me panic!"
Pretending to be grateful and panic, Xia Yu shook hands with Qiu Deba and said quickly.
When he met Qiu Deba for the first time, Qiu Deba directly gave him such a big gift. Although it showed the enthusiasm and attention of the Qiu family ~www.readwn.com~, Xia Yu could not take it for granted.
Otherwise, even if Qiu Deba's face is still smiling, it is hard to guarantee that Xia Yu will not be a human being.
Moreover, they all say that people must ask for something in courtesy. This time it was obvious that Xia Yu came to the door for something, but now the Qiu family has made such a big battle.
It is said that there are many people in the ceremony. Xia Yu feels that the Qiu family's ceremony is too big, but there is no way to comment.
And after receiving such a big gift, if the Qiu family asked for something, Xia Yu would have to think about it.
And what Xia Yu asked for could not make the Qiu family suffer.
"Haha, Mr. Xia is too modest. I don't know that you are the God of Wealth, and even a legend among my Chinese. I have admired you for a long time, but I never saw him."
"Mr. Xia's visit to my Qiu family this time is really the ultimate happy event of my Qiu family over the years. If it weren't, it would seem that my Qiu family's rites are not enough."
Qiu Deba laughed and said.
Xia Yu shook his head and said with a bitter smile: "Mr. Qiu, you are too admiring me. You are always recognized as an outstanding banker, and the **** of wealth in everyone's mind. When you were always in business, I was not born yet!"
"I came to learn from your old man this time."
Qiu Deba hurriedly waved his hand and said, "Hey, I don't dare to learn from it. It's something I can't ask for to discuss each other. We must have a good chat tonight."
"Mr. Xia, please come inside!"
"You always please!"
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