On February 18, the 83 annual work conference of Chongshi group was held in the report hall of the office building, attended by management representatives of business divisions and subsidiaries around the world, with nearly 200 people.
All of them were red and radiant, which showed that they had a good life last year.
The meeting was the same as before, but this year, because of the promotion of three vice presidents, including Randall, each vice president spoke for an hour and a half, and the meeting lasted four days.
We should not only summarize last year's work, but also make plans for this year and the next five years.
They are excited and surging here, and the situation on xiangdao is turbulent and treacherous
On the 21st, a message blew up Quanxiang Island - Chongshi real estate had three properties on the trading market, and their prices were 20% lower than the existing prices.
What does this mean that Chongshi is not optimistic about the future of xiangdao and can't withstand the pressure of falling house prices?
This trick startled people in the circle such as Lao Guo and Lao Li.
They gathered together and looked very dignified.
The agreed price increase has just been launched, and the house has not been sold yet. In case of capital flight and sharp decline in the stock market, we can only maintain the price at the original position immediately.
Many people who are still waiting to see the house price return to the original position, hesitate to buy and hesitate to sell... As a result, Chongshi real estate came so suddenly.
Lao Li wrinkled his face. "What does rebirth mean? He wants to leave here for overseas development in order to get the funds back?"
Lao Guo shook his head. "Chongshi group's strong capital is no less than hundreds of millions of Hong Kong dollars. If you sell it 20% lower, you will lose more than 20 million. "
Liu shook his head. "No matter how they do it, we should come up with a way. It's not a matter of going on like this. You have a lot of money. I have a weak foundation and can't stand the toss. "
Lao Li youyou said, "I sold too much some time ago, and I don't have much activity funds to use now... Have you noticed that the three plots thrown out by Chongshi are in remote areas, and there is no one in the center."
The front was quiet and the back was loud, which startled the others.
Lao Guo thought, "he is not optimistic about xiangdao in a short time, but he is optimistic about it in a long time. But this operation is simply adding the last straw to the camel that is about to collapse. "
Several of their giants are discussing, but many people are as anxious as ants on a hot pot. Some run out of the house with relevant documents, and some make a sound through relevant pipes.
They all sell real estate
The stock market continued to plunge.
The stock market, which has just stabilized after being hit by the events of the Jianing group, has been flat all the way through the terraces
The exchange rate is also falling every day, falling by three or four hundred basis points every day, giving people a feeling of sharp decline
At this time, in xiangdao, some middle-class people fell into panic. They wanted to immigrate, but they met this wave of market. They regretted that they didn't make a decision
The rich are worried about the sharp shrinkage of their property
The governor had a hard time.
He whispered in the office, "why? We haven't exchanged 1.5 billion Hong Kong dollars, and the foreign exchange market has become like this! "
In fact, he understood that the root cause of the unrest lies in the eagle country. If they didn't want to take their income back to the eagle country and quietly exchange foreign exchange, they were found by interested people, resulting in the decline of the exchange rate, which triggered a chain reaction.
The chief executive walked in and said, "Mr governor, I think the eagle country should rescue the market and stabilize the exchange rate of xiangdao."
The governor stared at him, "why? We just want our share back. "
The chief executive's face was also not good-looking. "It is precisely because you exchange foreign exchange at a sensitive time that the situation in xiangdao is out of control. A few time nodes, you should know. It happened to be those nodes that triggered the collapse of the foreign exchange market, and then the collapse of the stock market and real estate market. "
"The eagle country, as the supervising country, should play its due role at this time to stabilize the situation on xiangdao..."
Listening to the chief executive's slow narration, the governor's cheeks turned red. When he was in a mood, he shrugged, "I promise not to continue to exchange foreign exchange, so as to stabilize the exchange rate market."
The chief executive shook his head. "This alone is not enough. A special fund should be allocated."
The eagle government takes back a large amount of money from xiangdao every year, which is well documented.
He stared at the governor's face. "I urge the governor to report immediately and report the situation here to London."
The governor's eyes rolled for a while. "We can borrow US dollars from the bank to buy Hong Kong dollars and stabilize the exchange rate for the time being."
The chief executive nodded. "This is also a feasible way, but the eagle country needs to pull out a corresponding number of beautiful knives."
They are all ten thousand year foxes. Who can get who?
The fragrant Island government lends us dollars to stabilize the exchange rate, which is definitely a way, but this account can not be carried only by the fragrant Island government, but also by the eagle government.
80% of the revenue of xiangdao belongs to the government of xiangdao, but the other 20% is taken away by Yingguo.
In 1982, the revenue of Hong Kong Island was HK $24 billion, and Eagle country could take away HK $4.8 billion.
The governor waved his furry hand, "I will report this, but Hong Kong Island entrepreneurs should also take their responsibilities at this time to contribute to the stability of the Hong Kong dollar exchange rate."
The chief executive shook his head. "We are active and do not interfere. Why should we ask them to contribute? Mr governor, I hope that the United States dollar or sterling of eagle will be in place as soon as possible so as not to cause a rebound in public opinion on Hong Kong Island. Now the outside world has spread that the instability of the exchange rate is caused by your generous exchange. "
Ten thousand people were oppressed in the governor's heart.
What big deal, 50 million Hong Kong dollars each time, is it more?
4.8 billion, which can only be taken away after 96 times. What a complicated procedure!
The people have moved, the exchange rate has fallen, and the $500 billion investment can no longer protect the plate.
There was a sigh in the governor's heart: the mutton had just eaten a small bite, but Sao had been on the whole body. Now it's time to pay the price
Louis received the delegation from the Hong Kong government finance department in the small conference room and asked for a stable foreign exchange market. He said that he had no living money on hand and could do nothing; Banks can lend the Hong Kong Government in full when it wants to lend us dollars.
Standard Chartered Bank pointed out that based on the need for the stability of the foreign exchange market, the bank has limited the daily foreign exchange limit; At the same time, it also promised to provide full US dollar loans to the Hong Kong government.
On March 7, as for the falling exchange rate entering the shock trend, the people began to stabilize, but at this time, the exchange rate has fallen to 7.9, down more than 10% from a year ago.
On the same day, the stock market opened at 1261 points, down almost 30%.
The real estate price fell by another 15% on the basis of the low-price sale of Chongshi, which was close to the half cut price in the event of the Jianing group.
Three pronged approach, some people cut off supply, some sell off, some go bankrupt
A chicken feather.