v3 Chapter 1150： Untie the political shackles

Two days later, that is, August 16.

In the City of London, 1.5 billion pounds of banknotes were placed in the lobby of the Barclays Bank headquarters and the BBC was invited to shoot.

At noon, the news of Barclays Bank spread throughout the UK.

The Rohill family mobilized all their power to carry out positive publicity, trying to increase the confidence of depositors as much as possible.

Not to mention, it did play a role. Even Barclays Bank’s stock price has slowed down, and the pressure on the run has also been reduced a lot.

But Xia Yu has calculated for so long to pit the Roshir family, how could he sit back and watch the Roshir family get out of the crisis so easily?

After receiving a phone report from George Berkeley, Xia Yu made four instructions.

First, to manipulate behind the scenes and allow the dialectical analysis of other factions to continue to report, focusing on the promotion of Barclays Bank’s Latin American ultra-high-risk loans as high as US$25.20 billion, accounting for 2% of the bank’s total assets. At 17.8, a mere £1.5 billion in cash is equivalent to less than 12% of ultra-high-risk loans, and Barclays Bank cannot relieve the risk of bankruptcy.

Second, this year’s agreed quota of 2.5 billion pounds to invest in the UK, and there is still a certain gap that has not been implemented. He will inject another 1 billion US dollars into the Bright Fund. The purpose is to buy shares in Barclays Bank and try to get the least. Ten percent of the seats were sent to two directors to enter the Barclays Bank and penetrate into the enemy's interior, allowing the Rohill family to experience the feeling of being restrained.

Third, take the initiative to go short and buy the stock of HSBC Holdings.

Fourth, make every effort to make positive publicity reports for Standard Chartered Bank, Royal Bank of Scotland, and Bank of Barings in this crisis, absorb deposits from depositors as much as possible, and seize opportunities to grow rapidly.

After giving the order, Xia Yu handed over the matter to George Berkeley. He believed that George Berkeley could do these things without him worrying about it.

As for Xiangjiang, Xia Yu is also maximizing his interests.

One of the targets is HSBC.

British HSBC Holdings is listed in the UK, while its subsidiary HSBC is listed in Hong Kong.

In the previous stock market crash, Xia Yu ordered Wang Qi and Liu Tianci to cooperate with the bottom hunters to increase the shareholding of HSBC, raising the shareholding ratio to 18.6%, becoming the second only to the parent company HSBC within HSBC. The second largest shareholder of the holding.

But Xia Yu is not satisfied with this. He hopes to further penetrate HSBC and even control it like Standard Chartered Bank.

As the crossroads of East and West, Hong Kong is backed by the mainland. The future goal is to develop into an international financial center. Therefore, the potential market for the banking industry is huge.

Although he now owns a number of banks such as Jiuding Bank, Standard Chartered Bank, Hang Lung Bank, and Sun Hung Kai Bank, he has also invested in many banks and has become the real leader of Heung Kong Banking.

But this does not mean that he occupies the absolute leading market in the Hong Kong banking industry.

After all, there are more than 150 licensed banks in Hong Kong alone, and many of them are branches of multinational banks.

If HSBC can also be acquired under his command, then his Jiuding Consortium’s market share in the Hong Kong banking industry can account for about 30 to 40%, and this market share is more suitable.

After all, beginning in the 1990s, there will be a wave of bank mergers around the world, and one after another multinational banking giants will appear.

Not to mention the five major lines of mainland China.

Once Xiangjiang is really built into an international financial center by him, then the huge capital flow and financial market of Xiangjiang will be targeted by all banks in the world, and the competitiveness of Xiangjiang and the banking market in Southeast Asia will be very high.

Therefore, Xia Yu had to take precautions and strengthen his strength in the banking sector as much as possible, so as not to lead the flourishing development of Xiangjiang, but most of the cakes he created were robbed by others.

Wouldn't it be aggrieved?

...

Fortunately, this time the sovereign debt crisis in Latin America, Hongkong and Shanghai Banking Corporation was also affected.

Now Hong Kong HSBC has become the vortex center of the Hong Kong banking industry. Depositors have come to withdraw money. In less than a year, HSBC once again broke out a run crisis.

It's just because Hongkong and Shanghai Banking Corporation holds a total of US$1.83 billion in sovereign debt in Latin America and more than US$1.57 billion in loans to domestic companies in Latin America.

Because Hongkong HSBC Bank is a subsidiary of HSBC Holdings, these loans are included in HSBC Holdings’ debt statistics in the UK.

After the Latin American sovereign debt crisis broke out, Wang Qi and Liu Tianci controlled the attack on HSBC behind the scenes in accordance with Xia Yu's orders.

In just ten days, the market value of HSBC has evaporated by a quarter, plummeting from HK$16.97 billion to HK$12.150 billion.

The first half of the financial report released by HSBC Bank showed that HSBC's net profit for the first half of the year was 883.2 million Hong Kong dollars.

So in fact, HSBC's P/E ratio has fallen below seven times.

This price-to-earnings ratio is completely inconsistent with HSBC’s current status as the second largest bank in the banking industry. Normally, HSBC’s price-to-earnings ratio must be more than ten times.

Although HSBC's recurring run crisis has caused some damage to the Hong Kong financial industry, Xia Yu does not care and does not intend to stop there.

Anyway, the HSBC family was caught in the run crisis this time. The major newspapers and the media had already clearly stated the reason. Except for HSBC, none of the other banks in Hong Kong were involved in the Latin American sovereign debt crisis. in.

There was some chaos in the first one or two days, but it quickly subsided.

Although the Hang Seng Index fell because of the sharp drop in the market value of HSBC, it was not serious, and at least it held the 1,000-point line.

The Hang Seng Index plummeted to more than 600 points when the stock market crash broke out in August and September last year. After nearly a year, the Hang Seng Index has recovered very quickly.

In the next few days, the stock price of HSBC continued to fall. At the close of trading on Friday, August 20, the market value was fixed at over 9.54 billion Hong Kong dollars, and the market value had shrunk by more than four stories.

On August 22nd, a piece of news suddenly interrupted by "Global Satellite TV" caused a sensation in the entire Xiangjiang River, and the waves that caused it spread rapidly to the surrounding countries.

Because on this day, the mainland government and the British government finally signed the Sino-British Joint Declaration!

Hong Kong’s sovereignty issue is settled!

The British government is willing to return the Xiangjiang area to the mainland steadily on July 1, 1997. The "Statement" also clarified the mainland’s basic policy guidelines for Xiangjiang. After the return of Xiangjiang, the system and lifestyle of Xiangjiang itself can be maintained for 50 years. change……

After this news report, it can be said to have given all Xiangjiang people a reassurance.

For a time, the whole world was celebrating, and the whole Xiangjiang was enveloped in a festive atmosphere.

After unraveling the political shackles that entangled Xiangjiang, Xia Yu could finally dominate the rise of Xiangjiang.

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