Rebirth of the Strongest Tycoon

Vol 3 Chapter 1036: The stock price collapsed!

When dawn comes, the warmth cuts through the sky, the early morning sun is especially warm, and the sudden rain that came last night swept away all kinds of exhaust gas and floating dust, making the air exceptionally fresh.

This seems to indicate that today is a good day.

As the sun gradually rises and the time gets closer to work, the whole city begins to noisy.

Norman Shiyahuai was tossed and turned to sleep well last night because of the news that came out suddenly yesterday afternoon. After having breakfast this morning, he rushed to Swire Financial.

As it happens, Cedric Quincy also had trouble sleeping last night and came to the company early.

When Norman Shiyahuai arrived at the company, he happened to see Cedric Quincy reading the newspaper intently.

"Cedric, good morning!"

Norman Shiyahuai's words awakened Cedric Quincy.

The latter immediately put down the newspaper and greeted Norman Shi Yahuai respectfully: "Chairman, good morning, you have come so early!"

"Need a newspaper?"

Looking at the thick stack of newspapers in front of Cedric Quincy, Norman Shi Yahuai had read the newspapers for a while while eating breakfast at home, but due to time constraints, he only read the "Jiuding Daily" and "South China Morning Post."

He also wanted to know what the headlines of other business newspapers were.

"Bring me all business newspapers except "Jiuding Daily" and "South China Morning Post."

"Ok."

After receiving the newspaper handed over by Cedric Quincy, Norman Shi Yahuai quickly flipped through the newspaper, scanning back and forth in the newspaper, searching for key words, and stopped flipping when he found the target, staring at each word. Read it carefully.

After reading the newspapers, Norman Shi Yahuai's face gradually became gloomy, and his breathing became heavier.

Cedric Quincy, who has been observing closely, can understand the chairman's mood, because he was not in a better mood than the chairman when he read the newspaper just now.

Newspapers such as "Hong Kong Economic Journal", "Hong Kong Commercial Daily", "Sing Pao", "Economic Daily" and so on, all discuss the same news on the front page.

That was the news that suddenly spread throughout Xiangjiang yesterday afternoon that Jiuding Securities had abandoned its acquisition of Swire Group.

Of course, every newspaper has a different style, and different entry points and headlines for news.

The most popular headline party is "Jiuding Consortium VS Swire Consortium, it ended in failure!"

The more dull headline is "Jiuding Securities Co., Ltd. retreats, and the Hong Kong stock market has reached a watershed!"

...

Of course, Norman Shiyahuai’s focus is not on the headlines of the newspapers, but on the impact of these newspapers’ headlines reporting on this news!

Before the market was closed yesterday morning, Swire Financial finally completed all plans, which also meant that he firmly controlled Swire Group and other companies.

He was in a good mood yesterday at noon and afternoon.

It was just when he was off work that he learned the news that Jiuding Securities had given up on the acquisition, and his original good mood instantly disappeared.

Almost all newspapers now report this news. At this point, there is no doubt that most investors in Hong Kong almost know this news.

This certainly gave the Taikoo Consortium an aura of glory that defeated the Jiuding Consortium, but this was just an imaginary thing, and the influence was secret and intangible.

But the most urgent thing is that as the Jiuding Consortium retreats and the battle is over, the stock price that was pushed up by the two rivals has lost the core driving force. How can it be maintained?

The low stock prices have risen three or four times, and the high ones have risen five or six times. This kind of increase will be invalid even if he throws out good news, let alone he can't find good news.

And the most effective way is undoubtedly to invest a large amount of money in repurchase, to eat all the low-priced sell orders, and the stock price will naturally stabilize temporarily.

Just this way, Norman Shi Yahuai directly PASS, he doesn't have so much money!

If he had so much money, he would not give up part of his assets, and his strategy would shrink his strength.

So the situation facing now is-no solution!

It's okay if the stock price drops slightly, if it drops too sharply, then he will be on the wax.

"Hey……"

After putting down the newspaper, Norman Shi Yahuai sighed for a long time. Even if he had just gotten up for an hour or two, he felt exhausted physically and mentally.

"Cedric, what can you do to stabilize the stock price?"

Norman Shiya looked at Cedric Quincy with a glimmer of hope, hoping that he, the financial elite, could figure out a way.

It's a pity that Cedric Quincy is a man and not a god. He thought about this situation last night and didn't come up with a solution.

Facing the hopeful gaze of the chairman, he could only lower his head slightly, shook his head bitterly, and said apologetically: "Chairman, apart from repurchase, there is no other effective way. I can only hope that investors can remain calm. "

After he finished speaking, he paused for a moment, glanced at Norman Shi Yahuai, who had an ugly face, and then plucked up the courage to say: "Moreover, you have to guard against malicious short selling. Once you are shorted by other institutions, regardless of whether there is a short selling agreement. Will seriously affect the stock price."

"If there are institutions to bet against, then we will have to raise funds to take over and stabilize the stock price, otherwise it is easy to be overwhelmed by the stock price, and the consequences of market panic are very serious.

After all, there must be enough funds!

With sufficient funds and ammunition, no matter which way the enemy comes, he can deal with it calmly.

But Norman Shiya's worst is funding!

And when the equity is already sufficient, he doesn't want to buy stocks at such a high stock price. The risk is too great!

"How much money does the company have now?"

Norman Shi Yahuai took a deep breath and asked after trying his best to calm down.

Cedric Quincy replied immediately: "Chairman, there are still more than 340 million Hong Kong dollars in the company's account."

This amount is an astronomical figure for ordinary people, but if it is used for the initial defense now, it is far from enough compared to the total market value of more than 50 billion Hong Kong dollars for the four companies.

This money must be used to save life at the most critical time!

Don't mess around!

Norman Shi Yahuai fell silent and struggled fiercely in his heart.

After a long time, he let out a long breath and said softly: "Look at the stock market first. In severe cases, the funds will not be invested in the stock market."

Cedric Quincy nodded solemnly and responded in a low voice, "Okay."

...

As time passed, the opening time of the stock market was getting closer and closer. Norman Shiyahuai and Cedric Quincy both came to the operating room and waited nervously for the stock market to open.

As soon as ten o'clock came, with the ringing of the bell, the four major exchanges opened at the same time ~www.readwn.com~ The stock price of Swire Group, which Norman Shiyahuai watched closely, shook violently. The stock price is exactly the same.

Immediately, he saw that there were many selling orders on the market, but almost no buying orders.

One of his hearts suddenly rose up, almost reaching his throat, and he subconsciously held his breath.

I saw the Swire Group's share price fluctuated sharply between 52.65 Hong Kong dollars and 52.74 Hong Kong dollars.

After violently fluctuating for about ten seconds.

at this time!

A sudden sell order made Norman Shi Yahuai's face changed drastically.

Because this amount is as high as 100 lots, and the value of the sell order is more than 500,000 Hong Kong dollars, the listed price turned out to be 51.5 Hong Kong dollars per share!

Directly lower the price of a little more than Hong Kong dollars per share!

"Buy! Buy! Buy!"

Norman Shi Yahuai stared at the sale order steadily, and kept shouting in his heart, hoping that an institution would eat the sale order.

But things backfired.

One second passed!

Three seconds passed!

Five seconds passed!

Seven seconds passed...

Distributed institutions and retail investors who gathered on exchanges saw this low-price sell order but no one bought it. The situation was completely clear, and their originally fragile mentality collapsed in an instant.

After Norman Shiyahuai struggled fiercely in his heart, a touch of determination flashed in his eyes, and he immediately ordered a trader in front of him: "Buy this equity first...er..."

Norman Shi Yahuai hadn't finished speaking, his neck was as if he was pinched, his eyes were bloodshot instantly, he stared at the electronic disk, his old hands clenched subconsciously.

late!

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