Rebirth of the Strongest Tycoon

Vol 3 Chapter 1040: HSBC was miserable

After successfully fooling Wang Ping and Li Hua, Xia Yu no longer had any worries and continued to promote the stock market crash.

Say it.

Because of the spread of rumors, the share price of Swire Group has fallen even more severely. When the market closed in the morning, its market value had fallen below 10 billion Hong Kong dollars, closing at more than 8.130 billion Hong Kong dollars, evaporating 5.1 billion Hong Kong dollars in the morning. The market value of, the decline is not inferior to yesterday.

Other listed companies of the Swire Consortium, such as Swire Shipping, Swire Warehouse, Swire Industrial Group, etc., all have related rumors outflow, and the stock prices of these companies have also collapsed.

Norman Shiyahuai could not have imagined that the market value that has risen in more than a month will evaporate 80% in just over a day, and it is likely to evaporate all today!

Norman Shi Yahuai, who was over sixty years old, was in a state of anger and panic all morning like he had taken gunpowder.

At noon, Xia Yu fooled Wang at ease, but Norman Shi Yahuai was busy with red eyes.

Because Norman Shiya has been in business for many years, even though there are rumors that he has infringed on the interests of several billion shareholders, the Hong Kong government has not sent anyone to investigate or restrict him from leaving the country.

But there is no official pressure, just pressure from banks including HSBC has already caused Norman Shiyahuai to collapse.

The headquarters of the Swire Group.

At noon, the scorching sun was high, and the reporters gathered downstairs in the Swire Group headquarters were uncomfortable, but none of these reporters was willing to leave. They were talking in groups about how the Shi Yahuai family would respond. From time to time, someone looked up at the upper floors of the building. , Seems to be able to see the emergency meeting being held inside.

Swire Group's large conference room.

All the executives and the heads of the subsidiaries came, listening to the "roar" of the top leader Norman Shi Yahuai.

I saw Norman Shi Yahuai's face flushed, and his eyes were bloodshot, giving people a crippled feeling.

His red eyes kept scanning, and he ordered loudly, and his voice was a little hysterical: "Listen, now the downstairs is full of reporters. A press conference will be held immediately after the meeting. You will all come to the stage to express your opinion. I don't care what method you use. After returning home, we must promote the raising of funds immediately, and entrust Swire Financial to repurchase the stock, and stabilize the stock price at all costs. If anyone fails, we will be removed..."

"Have you heard clearly!"

With a roar, many people were shocked and immediately answered loudly.

"Listen clearly!"

"The meeting is over, come downstairs with me!"

After that, Norman Shi Yahuai walked towards the door with the help of his nephew.

Soon, Norman Shi Yahuai and his party came downstairs. He ordered people to stop the crazy reporters, took everyone to the simple stage built in advance, and held a press conference.

At the press conference, Norman Shiyahuai denied all rumors and claimed that the rumors would pay a heavy price. Then he swears that all the Swire Group is healthy, including the parent company, all listed companies are With sufficient funds, stocks will be repurchased at all costs.

Throughout the press conference, Norman Shiyahuai tried his best to maintain his composure and self-confidence, just for fear that his ugly attitude would be maliciously interpreted and cause greater harm.

After the brief press conference was over, Norman Shiyahuai, who had returned to the company, couldn't hold back anymore and resumed his fright and anger.

Immediately afterwards, a phone call from HSBC by Shen Bi personally made Norman Shiyahuai go crazy, exhausted, he had to forcibly cheer up and rushed to HSBC with his nephew Wade Shiyahuai.

When Norman Shiyahuai came to HSBC, he was greeted with a busy scene. Although it was off work, the lobby of the bank headquarters was crowded with people, all of whom came to withdraw money.

There have been several stock market crashes in Xiangjiang in the past two decades, and bank failures have also occurred from time to time. So when the stock market crash came, people with brighter heads immediately thought of quickly taking out the deposits, even if the target was HSBC!

Shen Bi was also worried that some irrational citizens would not understand. Therefore, in this special period, in order to prevent things from becoming more complicated, he did not dare to let his employees go off work, and various businesses would run as usual.

Of course, these businesses do not include foreign loans...

When Norman Shi Yahuai found Shen Bi, Shen Bi was intensively scheduling work and instructed employees to urge the money back at all costs.

Seeing that it was not a place to speak, Shen Bi could only say a few more words hastily, and brought Norman Shi Yahuai to his office.

Seeing the door closed, Norman Shiyahuai hurriedly said: "Michael, you must help me..."

Before Norman Shiyahuai finished speaking, Shen Bi, who was also under great pressure in his heart, interrupted him firmly, and said decisively: "Norman, I can't help you this time!"

"I also need a lot of funds!"

"Now the assets you used as collateral are all locked up, and you are quickly approaching the warning line. If you can't spend enough money to make up the margin pool, then I can only take a special way to solve it."

"Michael, you know my situation. I'm going crazy. I need a lot of money to buy back stocks to stabilize the stock price. I can't spend much. It's a special period. Only you can help me. If mine When the Swire Consortium falls, HSBC will also..." Norman Shi Yahuai looked very ugly, but still tried his best to convince Shen Bi.

Shen Bi, who was also under great pressure, shouted again in a louder voice: "Norman, I said that I have no money to lend you. You saw it when you came. People withdrawing money have filled the entire hall and are about to be queued. It's on the road, HSBC can't die with you!"

"I have helped you enough!"

Norman Shiyahuai did not believe that HSBC would have no money at all. In Xiangjiang, HSBC was the only life-saving straw he could grasp. It is absolutely impossible for him to give up easily!

"Michael, when I bought shares in HSBC last month, didn't I give HSBC 1.674 billion Hong Kong dollars? How could HSBC have no money?"

"If you lend me this money again, I will pledge enough assets!"

Hearing Norman Shi Yahuai’s words, Shen Bi’s feelings of regret grew stronger. He couldn’t wait to slap himself a few times. Why would he be so betrayed by Jiuding Bank and Standard Chartered Bank to take over these two banks at low prices? Some of the loan business and assets that have been released have caused most of the liquidity to be consumed.

It can be said that in the past few years, HSBC's cash flow has never been as small as it is now!

At present, the liquidity of the entire Hong Kong HSBC bank account is only more than 600 million Hong Kong dollars.

Another HSBC securities department of the money bag, at this time all the funds are locked up, and if it is not solved, the liquidation will not be far away, and then HSBC will have to suffer huge losses~www.readwn.com~ The collateral in the loans between HSBC and the Swire Consortium and the Shi Yahuai family is worth seven or eight billion Hong Kong dollars, and a large part of it is the equity of various companies of the Swire Consortium. In this respect, they have suffered a lot.

Once the news was exposed, the more than 600 million Hong Kong dollars on HSBC's account was not enough for depositors to run, let alone fill the gaps in losses.

Moreover, now that the stock market crash is approaching, HSBC's stock price has continued to plummet, and he also needs funds to stabilize the stock price.

Therefore, the current Shen Bi, in the face of the current bad situation of Hong Kong HSBC Bank, is completely transformed into an iron rooster, and no one wants to pull a feather from him!

Not only that, he also wanted to invest money everywhere to enhance the bank's ability to resist risks.

But in these circumstances, it is absolutely impossible for Shen Bi to tell Norman Shi Yahuai.

He didn't explain at all, his attitude was as tough as before.

It’s not that he ignores the friendship between friends, but Norman Shi Yahuai doesn’t talk about friendship. He still wants to use assets to borrow money at this time. He is about to be miserable by the assets of the Swire Consortium and Shi Yahuai’s family. Take the time bomb again!

"Norman, don't waste your time with me. You should think of a way to raise funds as soon as possible. Once the assets you mortgage with us are insolvent, you will default. In order to reduce losses, as long as someone pays, I Will be sold to avoid more losses!"

"I have to be responsible for the shareholders and the parent company!"

"I hope you can understand!"

Speaking of this, Shen Bi's gaze is like a knife, and he stares at Norman Shi Yahuai, his gaze is more determined than ever, showing that he will do what he says.

PS: The second one was written at 1:47, so everyone has been waiting for a long time.

https://

Please remember the domain name of this book's first publication:. Apex novel mobile version reading URL:

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like