While the Bright Fund is buying HSBC Holdings in the UK with great fanfare, it is also secretly buying shares of Barclays.

After being mired in the quagmire for so long, Barclays' market capitalisation has already exceeded four billion pounds.

In total, the Bright Fund acquired a total of 14.5 per cent of the shares in the stock market, spending a total of £497 million.

George Berkeley wanted to buy more shares, but when he bought more than 11 percent of the shares, he was discovered by the Rothschild family.

Subsequently, the Rothschild family immediately invested funds to raise funds, so that the Bright Fund did not increase its shareholding to more than 15%, and unfortunately missed the third board seat.

However, the initial 10% stake and two board seats were completed.

After the Bright Fund entered Barclays Bank, the Rothschild family was furious, but they had no choice but to let it go for the time being, waiting for an opportunity to clean up the Bright Fund in the future.

Xia Yu, who was far away in Xiangjiang, couldn't help laughing in the office after learning the specific situation.

On the Standard Chartered side, the plan is also very smooth.

Standard Chartered Bank of South Africa is the largest commercial bank in South Africa and the largest commercial bank in Africa.

However, due to Africa's economic backwardness, the total assets of Standard Chartered Bank in South Africa are actually only $5.4 billion, and the original market value before the outbreak of the crisis is only about $320 million in US dollars.

After being caught in the vortex of the Latin American sovereign debt crisis, the share price of Standard Chartered Bank of South Africa has been cut in half.

Standard Chartered already holds a 39% stake in Standard Chartered Bank in South Africa, so it is not difficult to acquire the shares of other shareholders.

When the market capitalization of Standard Chartered Bank in South Africa fell below US$150 million, Standard Chartered Bank acquired it at a premium for the sake of efficiency.

In the end, it cost US$98.6 million to privatize Standard Chartered Bank of South Africa and become a wholly-owned subsidiary of Standard Chartered Bank.

In this way, Xia Yu's hand also reached into South Africa, the most developed country in Africa.

Asia, North America, Europe and Africa all have representative banks.

Although there are no representative banks in Oceania and South America, HSBC, Royal Sugrand Bank and Standard Chartered Bank all have branches on these two continents, and together they have a lot of influence.

......

Let's talk about Xiangjiang here.

After half a month of bombardment publicity, the news that the Heung Kong Futures Exchange is about to reform and launch four major commodity futures has not only spread throughout Southeast Asia and island countries, but also in Europe and the United States.

There are hundreds of financial institutions in Hong Kong, of which at least more than half are branches of international financial institutions, and none of them wants to miss the Hong Kong Futures Exchange.

In the past half month, in addition to carefully studying the rules of the Heung Kong Futures Exchange and the information of the four major futures, these financial institutions have done one thing most importantly.

That's currency exchange!

Convert US dollars, British pounds, Japanese yen and other currencies into Hong Kong dollars.

This is because the only trading currency on the Hong Kong Futures Exchange is the Hong Kong dollar.

According to the statistics of the Hong Kong Monetary Administration, in less than half a month, Xiangjiang's various foreign exchange has increased by more than 3.2 billion US dollars!

This means that in less than half a month, more than US$3.2 billion of foreign capital has flowed into Hong Kong.

Some of these funds are temporarily held in the account, ready to enter the futures market.

Some, after analyzing the long-term upward trend of the Xiangjiang stock market, directly invested in the stock market, which directly stimulated the daily trading volume of the Xiangjiang stock market to exceed 2 billion Hong Kong dollars.

In the blink of an eye, it is November 15th.

It was also a Monday.

Not far from the Hong Kong Stock Exchange, the Hong Kong Futures Exchange held a grand ceremony.

The specifications of the ceremony were not inferior to the establishment of the Hong Kong Stock Exchange, and Xia Yu appeared again as the platform of the Hong Kong Futures Exchange.

Subsequently, in the midst of much anticipation, the Hong Kong Futures Exchange opened with the launch of Natural Rubber Futures-HK101 Futures Contract, Hang Seng Index Futures, Nikkei 225 Stock Index Futures and London FTSE 100 Stock Index Futures.

Among them, the natural rubber HK101 contract is supported by a number of Southeast Asian rubber giants such as Kepong Group, and the futures exchange stipulates that one lot is 10 tons, the minimum change unit is 5 Hong Kong dollars per ton, and the minimum margin for trading is 10%.

On November 15, the spot price of natural rubber was converted to 10,092 Hong Kong dollars per ton.

Because there are delivery fees, warehousing inspection fees, storage fees, transfer fees, transaction fees, capital borrowing costs, value-added tax and other costs in natural rubber futures trading, the futures contract price is much lower than the spot price.

The first buy order listed by Jiuding Securities Company was priced at 9,645 Hong Kong dollars per ton, and the first contract was 100 lots, worth nearly 10 million Hong Kong dollars.

If the price of natural rubber futures is higher than this price, then Jiuding Securities Company will naturally make money, and if it is lower than this price, then it will naturally be a loss.

For Hang Seng Index Futures, the total price of one contract is the latest contract point of Hang Seng Index Futures multiplied by 50 times the Hong Kong dollar, with a minimum change of 0.1 point.

The trading rules of Hang Seng Index Futures, the Hang Seng Index Futures contract is for this month, the next month and the next two months for a total of four months, the trading hours are the same as the trading hours of the rubber stock market, the entrusted margin rate of Hang Seng Index Futures is 9%, the trading margin rate is 6%, and the handling fee is 5/10,000.

The trading rules for Nikkei 225 Index Futures and FTSE 100 Index Futures are the same as those for the Hang Seng Index Futures contracts.

It's just that because the Nikkei 225 stock index has more than 8,200 points, which is the highest among the three indexes, it also means that the cost of each Nikkei 225 stock index futures contract is also the highest, worth more than 400,000 Hong Kong dollars.

After the launch of the four major futures commodities, the funds that have been waiting for a long time have poured in rapidly.

Compared with the natural rubber HK101 contract, the other three major financial stock index futures are more actively traded.

Of course, among the three major futures, the trading volume of Hang Seng Index futures is the least, because the number of long orders far exceeds the number of short orders, which makes it difficult to increase the trading volume, which also reflects that capital is generally bullish on the Hong Kong stock market.

The most traded volume was the Nikkei 225 stock index futures, which appeared for the first time.

Within an hour of the market opening, the trading volume of Nikkei 225 stock index futures reached 130 lots, with a turnover of more than 50 million Hong Kong dollars.

The trading volume of FTSE 100 stock index futures contracts reached more than HK$37 million.

The trading volume of Hang Seng Index futures was over HK$16 million.

In one hour, the total contract turnover of the Hong Kong Futures Exchange exceeded 100 million Hong Kong dollars!

The one-hour trading volume reached one-twenty-fifth of the annual trading volume of the Heung Kong futures market last year!

Create the history of the Heung Kong futures market!

Moreover, due to the change of the Nikkei 225 stock index of the island stock market on the same day, the price of the Nikkei 225 stock index futures on the Hong Kong Futures Exchange changed very rapidly, which further stimulated the trading volume.

As soon as the Nikkei 225 stock index rose, the financial institutions on the side of the Xiangjiang Futures Exchange immediately placed buy orders at a higher price.

Although the futures contract specifies the time, this is only a time limit and any institution can close the position at any trading time.

Therefore, some long-term institutions saw that there was a profit, and immediately sold the contract in a short-term operation to pocket the profits.

When the market closed in the afternoon, the staff of the Heung Kong Futures Exchange immediately counted the data and reported it to Wang Qi, who reported it to Xia Yu again.

On the same day, the total turnover of natural rubber HK101 contracts reached more than HK$149 million.

The total turnover of Hang Seng Index futures was over HK$132 million.

The FTSE 100 futures ratio totalled more than HK$314 million.

The total turnover of Nikkei 225 stock index futures was more than HK$646 million.

In addition, the trading volume of several futures commodities that still existed.

On that day, the total turnover of the Hong Kong Futures Exchange was over HK$1,263 million!

The trading volume of one day is equivalent to about half of the total annual trading volume of the Heung Kong futures market last year!

The Hong Kong Futures Exchange charges a transaction fee of over HK$623,000.

That night, the report card that looked very simple and ordinary in Europe and the United States, but was very eye-catching in Hong Kong, was released and interpreted by "Global Satellite TV", causing a sensation in Hong Kong.

Before half past nine in the evening, Xia Yu received a congratulatory phone call that did not stop......

PS: At the beginning of the month, I asked for a recommended ticket for a monthly pass!

n.