v3 Chapter 1042： The run is coming

"The Hang Seng Index fell below 1,700 points!"

As soon as the stock market opened, with a scream, the market dived again, and the road to a full-scale decline opened again.

"The Swire Group has a buy order and has begun to buy back. Look at Swire Shipping."

"Swire Warehouse also has an order to pay, everyone quickly sell it..."

Soon, many investors who knew about the press conference held by Swire Group at noon found out that the Swire Group was really buying back shares!

This makes these investors very excited, rushing to adjust the price to sell orders, trying to flee.

As for restoring confidence and continuing to hold it?

This idea, at most, flashes in the minds of more greedy investors.

Now the stock market crash is definitely not in the end. Who knows how much funds Swire Group is going to buy back? If you don’t seize the opportunity to flee, and wait until Swire Group has no funds to give up the repurchase, the stocks you hold will not be able to cash out. .

This choice of investors has caused the Swire Consortium’s listed companies’ selling orders to become very active. Swire Financial, which is responsible for the operation of repurchase matters, has been in a hurry, and Norman Shiya, who has been following it, is frightened.

But no matter what, Swire Financial has basically temporarily maintained the stock prices of Swire Group and other companies.

The only price is the rapid consumption of funds.

Fortunately, Norman Shiyahuai got news from London. His eldest son has already borrowed funds urgently. Today, he is confident of borrowing at least 50 million pounds, which is nearly 400 million Hong Kong dollars in exchange for Hong Kong dollars.

In addition to the 300 million Hong Kong dollars originally owned by Swire Financial, there is more than 700 million Hong Kong dollars in liquidity, and he is more certain.

Although continue to borrow money now, once they fail, the loss will be even greater, but now if they fail, the Shi Yahuai family can also lose their underwear and end in bankruptcy. Since the results are similar, it is better to fight for a living!

The stock prices of the Swire Consortium's companies have temporarily maintained, but the Carrian Group has taken the center stage.

There are a total of three listed companies under the Carrian Group, namely Carrian Real Estate, Vinda Shipping and Qichang Life Insurance Company, which was acquired just over two months ago.

All the rumors that broke out in the morning were deadly enough to cause the stock prices of these three listed companies to plummet.

At noon, Chen Qingsong, the legendary chairman of the Carning Group, was taken away by the police, and the people of Yumin Finance were also taken away by the police. These two news made everyone believe the truth of the "rumors".

After many investors had their brains replenished, they also solved their doubts about the history of the legendary rise of the Carning Group, and sentenced the Caring Group to death in their hearts.

Reflected in the stock market, the stock prices of the three companies have collapsed, and the prices of the selling orders placed by investors have become more severe, which is entirely a trend of jumping off the property price.

But other people are not stupid. The possibility of the Carrian Group going bankrupt is extremely high. Even if someone takes the order, it will be taken over by the boss after the bankruptcy liquidation. Where can they get these simple financial institutions and retail investors?

...

In the operation room of Jiuding Securities Company, the atmosphere is not serious at all, it is very relaxed and cozy. Even the employees have nothing to do. They get together in twos and threes while joking and analyzing the stock market.

Wang Qi and Song Bo were standing beside Xia Yu, but Xia Yu and Wang Qi talked and laughed freely, while Song Bo smiled reluctantly and looked very worried.

Seeing that the stock price of Swire Group had been temporarily maintained, Xia Yu laughed instead.

"Hehe, I didn't expect Norman Shiyahuai to get old so quickly, he seems to overestimate his strength."

Wang Qi nodded in agreement and smiled: "Yes, now that the market value of Swire Group has not fallen to the market value before our action, Norman Shiyahuai began to buy back, and he must have taken a lot of equity to pledge loans."

"I just don't know how much money Norman Shiyahuai still has to buy back shares!"

"It stands to reason, there shouldn't be much, how can he have the confidence to fight?"

Song Bo suddenly said at this time: "Mr. Xia, the president of Taikoo Industrial Group proposed to buy back shares to stabilize the stock price. I directly rejected it, but it is difficult for other companies to say."

"It doesn't matter, the more you buy back, the faster you die."

Xia Yu smiled slightly and said faintly: "Since he is so rich, Swire Financial must return the money to others."

Wang Qi was taken aback, and he heard the profound meaning of Xia Yu's words. He actively asked: "Chairman, do you want to encourage investors from Swire Financial to ask for investment funds?"

Xia Yu gave Wang Qi an appreciative look, and said with a faint smile: "Yes, Norman Shi Yahuai has always used Swire Financial's public funds for private use, regardless of the interests of investors. This behavior must be stopped."

Wang Qi laughed immediately. He could imagine the embarrassment of Norman Shi Yahuai and Cedric Quincy when investors surrounded Swire Financial.

Xia Yu gave Wang Qi a look, and the latter immediately nodded in response, and then left the operation room directly.

Xia Yu looked at Song Bo again and said with a smile: "Mr. Song, the stock price plunge of Swire Industrial Group is a good thing for you. Just wait for a low-price order."

Song Bo squeezed out a smile and said, "Yes, a good thing."

Seeing Song Bo's smile, Xia Yu raised his brows and asked: "Mr. Song, how do you look unhappy?"

"Isn't it due to insufficient funding?"

Seeing Song Bo's smile stagnated, Xia Yu knew it, and he was right.

But he doesn't care if Song Bo has enough funds, he has reminded him several times anyway.

In order to stop Song Bo from asking him to borrow money to buy, he jokingly said: "Mr. Song, I have reminded you a few times, try to find a way to raise funds, the opportunity is rare, you can rest assured to buy, anyway. I will support the bottom, and I won’t make it cheaper for others."

Song Bo was a little stunned, and pressed the words that were already difficult to speak directly to the bottom of his heart. He nodded in a moody mood: "Okay, I will think of a solution."

...

When Wang Qi asked people to release the news that "Swire Financial will use most of the investors' funds to acquire Swire Holdings, Swire Shipping... junk stocks, the risk of bankruptcy is extremely high", all investors in Swire Financial's funds Hearing the wind, they rushed towards Swire Financial with an investment agreement.

Norman Shiyahuai, who was in the Swire Financial Corporation and instructed the repurchase of stocks, felt like the sky was spinning when he heard the news.

Swire Financial’s many funds have raised a total of 1.54 billion Hong Kong dollars from investors.

If all investors now come to ask for funds, Swire Financial cannot get it out.

Once you can't get it out...

Thinking of the terrible consequences, Norman Shiyahuai felt that the future was dark.

When he finally got back on his feet, Cedric Quincy asked him anxiously: "Chairman, the company will definitely be blocked by investors in a while, what should we do?"

Norman Shi Yahuai's expression changed rapidly, and at the last gritted teeth, he said bitterly: "Agree to them to get back the investment money, but they will benefit from deprivation of their active breach of contract, and delay the refund as much as possible!"

Norman Shi Yahuai intends to resort to dragging words.

Cedric Quincy replied, nodding his head: "Understood, I will make arrangements."

It's just that he stopped as soon as he took a step, then turned around and asked Norman Shi Yahuai: "Then Chairman, do we still continue to buy back?"

Norman Shi Yahuai looked cold, and said in a deep voice, "Continue to buy back!"

Anyway, if you really want to die, then drag the investor into the water together so that the investor can bear part of the loss for him. The agreement signed by Swire Financial and the investor was clearly written in classFund Investment Yes The risk of failure is borne by the investor.

When facing Norman Shiyahuai's bloodshot eyes, Cedric Quincy trembled in his heart and immediately nodded in response: "Okay."

After speaking, he left quickly, and he had to arrange his subordinates to deal with the upcoming wave of refunds.

...

As soon as Cedric Quincy made arrangements in an emergency, a large number of investors rushed into the Swire Financial Corporation brandishing the investment agreement, clamoring to get back the investment funds, and the entire Swire Financial Corporation suddenly became like a vegetable market.

And along with these investors are a large number of reporters who are excited to film this messy scene.

It's just that Swire Financial easily agreed to refund investors, which disappointed the reporters.

It’s just that over time, these reporters discovered that the speed of Swire Financial’s refunds was not generally slow, and that investors had to wait for a batch of refund materials to be collected and then go to the bank for refunds. Investors could not be on-site. Get the investment money back.

Some clever reporters discovered the strangeness and became excited again, and they had already begun to conceive the best copywriting in their minds.

At four o'clock that afternoon, the stock market closed again.

The Hang Seng Index closed at 1523 points, plummeting more than 500 points that day, and the drop was even greater than yesterday!

The temporary closing of the stock market is not the end, but another beginning.

The retail investors who came out of the exchange began to rush to Xiangjiang's many securities companies, private equity and public equity funds, and... banks!

PS: Thanks for the reward of Starstorm Snow 1000 starting coins, thank you!

PS: I was too busy at work on Monday, which caused the update to be late, sorry.

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