v3 Chapter 1058： Swire consortium finally ended

"Hello, Chairman!"

"Well, hello!"

When he came to Jiuding Securities Company, Xia Yu saw a busy scene. In the greetings of employees, he found Wang Qi who was busy.

"Wang Qi, come to my office when you are done!"

Seeing that Wang Qi wasn't so fast for the time being, Xia Yu didn't stop him either, and he told him before leaving.

First, I went to the operation room and found that all the employees were devoting themselves to hunting down the stock market. Xia Yu left with satisfaction and went to his chairman's office.

After drinking the tea leisurely for about a quarter of an hour, I saw Wang Qi stepping in hastily.

"Chairman, I'm sorry to keep you waiting!"

Xia Yu smiled and shook his head to show that he didn't mind, and then asked, "How is the work going?"

Wang Qi replied: "It's all going well. There are no major obstacles at the moment, and all the minor troubles have been resolved."

Xia Yu nodded slightly: "That's good!"

Then he immediately asked: "How about the equity acquisition sites of the four major stock exchanges?"

Wang Qi put it first in this acquisition work, so there was a lot of results. Faced with Xia Yu's inquiry, he was not at all false.

He reported the results to Xia Yu in detail: "Chairman, at present, the four major stock exchanges have acquired a lot of shares. The gold and silver exchanges and the Kowloon Stock Exchange have made greater progress, and the larger Far East Exchange and Hong Kong It’s more difficult to acquire shares on the exchange, but there are still many results."

"Currently holds 19.2% of the shares in the Gold and Silver Exchange, 18.5% in the Kowloon Stock Exchange, 13.3% in the Hong Kong Stock Exchange, and 100% in the Far East Exchange. Of 12.4 equity."

"The reason why the Far East Exchange has acquired the fewest amount is because its lead founder Li Fuzhao saw that we were acquiring and was also acquiring equity, which made our acquisition more difficult."

Xia Yu nodded slightly and said nonchalantly: "Don't care about Li Fuzhao. Although the Bank of East Asia has lifted the run crisis, the funds have been taken away. Now the Li family does not have much liquidity, and the Li family will not let him here. He can’t buy a lot of money. We buy more equity in the other three exchanges. Anyway, the last four mergers will re-divide the equity according to the size of the four exchanges."

"The progress of the acquisition of the Hong Kong Stock Exchange has been slower. The shareholders of this exchange are more British. Now that the British capital has retreated, they must all want to return to the UK. They can serve them with carrots and sticks."

Wang Qi couldn't help but smile, nodded and responded softly: "Okay!"

Xia Yu drank a sip of tea to moisturize his throat, and then asked again: "What about the founding committee of the United Stock Exchange? Is there any major trouble?"

Wang Qi smiled and replied with a relaxed look: "When we first entered, we were frightened by our power. The internal conflicts and confrontations within the committee had basically never happened. They gave me and President Liu face. Secretly, they are confronting negatively."

"It's just that I acquired the equity in the shareholders of the four major exchanges. After entering their internal board of directors, they also know our tough attitude and recognize the situation. So the situation is relatively good now. Advance order."

"I have also learned a lot. The progress of the work is relatively slow now. The main reason is that there are big differences in system construction. There are many exchange templates in the United States and Europe. I plan to take the essence and eliminate the dross. However, many systems are Each has its pros and cons, and it is difficult to make a decision at a time."

Xia Yu suddenly understood, and said with a faint smile: "Then do it first. I have been planning these days. I will come up with a guide plan as soon as possible, and then focus on my plan to do it."

Wang Qi breathed a sigh of relief and nodded happily: "Okay!"

After understanding these circumstances, Xia Yu and Wang Qi ordered the acquisition of the assets of the Carrian Group, and let him be responsible for dispatching an excellent acquisition team to acquire the valuable assets of the Carrian Group together with Jiuding Bank.

Of course Wang Qi accepted the task obediently.

Later, Xia Yu once again urged him not to relax the acquisition of Swire Group and other bargain-hunting plans.

Then left Jiuding Securities Company.

...

Time passed quickly. Whether it was a weekday or a weekend, when the stock market was open or closed, the Jiuding Consortium’s bottom-hunting and acquisitions were advancing rapidly.

In the face of tens of billions of Hong Kong dollars in working capital, no company can resist to the end, and companies are constantly being taken down.

The assets of Jiuding Consortium are growing rapidly!

In order to quickly end the stock market crash, MacLehose urged the Xiangjiang High Court to close the case as soon as possible after ascertaining the facts.

On the day of September 25, the court opened a trial to hear this huge financial fraud case.

In order to give an explanation to the people of Hong Kong and to let investors in Southeast Asia know the situation, MacLehose signaled that the Hong Kong High Court authorized Global Satellite TV to broadcast the entire trial process.

The citizens were very concerned about this matter, and many people turned on the TV to watch the live broadcast.

The investigation was very clear, and all the relevant persons involved were recruited. The key point is that Chen Qingsong himself confessed his guilt later and took the initiative to explain a lot of circumstances. During the trial, Chen Qingsong, who was for the safety of his family, read all the true crimes to the judge. All the crimes and charges were claimed, and the judge finally pronounced that Chen Qingsong was sentenced to 25 years in prison and all his assets were confiscated to pay off the debt.

Chen Qingsong announced in court to abandon the complaint and plead guilty.

Seeing this result, the audience in front of the TV applauded.

After the court hearing was completed, the asset disposal of the Carrian Group officially began, and the hunters who had already been waiting for it jumped out.

But no surprise, all the assets Xia Yu wanted were eventually taken by Jiuding Securities and Jiuding Bank, and the price paid was not high.

As for the debts of the Carrian Group, it has nothing to do with the assets he bought, and he does not need to bear it.

After the assets were acquired, Xia Yu ordered Chen Qingsong's wife, children and nephew to be released. After Chen Qingsong in prison got the news, he finally had a worry and went to jail honestly.

After the assets of the Carrian Group were acquired.

On October 15, the asset competition of the Swire Consortium finally came to an end.

The main Swire Group in the Swire Consortium was wholly owned by Xia Yu.

The most important Swire Properties Group under the Group was allocated by Jiuding Properties Group. Swire Infrastructure, Swire Properties Development Company, Swire Hotels Management Co., Ltd., Swire Property Management Co., Ltd., etc. were respectively owned by the same group of Jiuding Properties Group Company annexation.

The Taikoo Warehouse Company, a subsidiary of Swire Shipping Group, was also wholly-owned by Hutchison Whampoa. Its four ports merged into Hutchison Whampoa Ports, which increased the number of ports owned by Hutchison Whampoa Ports from 17 to 20. One, occupies 87.5% of the 24 ports in Hong Kong!

As for Swire Shipping, another listed company under the Swire Shipping Group, Xia Yu was not interested and did not fight for it.

In addition, Xia Yu also ate the Swire Agricultural Group and the Swire Marine Development Company, which was just established in 1975.

In general, most of the assets of the Swire Consortium were taken over by Xia Yu's Jiuding Consortium.

Swire Financial, the financial core of the Swire Group, because most of the funds were diverted to acquire a series of Swire Group stocks, but most of the funds were investors and banks, so all the assets were auctioned off. Swire Financial was declared insolvent. collapse.

After the auction of the assets of the Swire Group and the Shi Yahuai family pledged by the bank, it was still not enough to offset the bank's debt.

Under the strong request of a large number of banks, it is useless to let the Shi Yahuai family leave. The Hong Kong government prohibits the Shi Yahuai family from leaving Hong Kong. After paying off the assets they still own, it is impossible to release the prohibition order.

Seeing the fate of the Shi Yahuai family and the Taikoo Consortium, many people were sighed, and they had a deeper impression of the stock market crash, and of course they also had a deeper understanding of Xia Yu.

The power of the Jiuding Consortium has reached a new height!

PS: The third update is on, today we update eight thousand words! This chapter concludes this story. A new story will be opened next month. In addition, a new month will begin. Please guarantee the monthly pass!

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