Chapter 1046: The Swire Consortium's Last Struggle (Second Vote)
"Chairman, something is wrong, our measures to buy back shares do not seem to have played a role in appeasing investors, and sell orders are still being thrown out in a steady stream. ”
"Funds are being depleted too quickly!"
Swire Financial, looking at the market opening for more than an hour, the speed of sell orders is still not decreasing, Cedric Quincy has no bottom in his heart, and he reports the situation to Norman Shi Yahuai seriously.
Although in the past two days on Saturday and Sunday, the chairman got another 350 million Hong Kong dollars from London, it still can't make him feel at ease.
After all, by the time the market closed last Friday, the funds in Swire Pacific's account had dropped from more than 700 million to more than 280 million.
Even with the HK$350 million borrowed over the weekend and the HK$210 million raised by related companies for share buybacks, Swire Pacific's total account funds were just over HK$840 million before the market opened today.
However, in just over an hour, more than 90 million funds were consumed.
According to his analysis, this consumption rate is slow, there should be two reasons, one is that the speed of retail entrusted securities pending orders is relatively slow, and the other reason is that he does not want to face, that is, the institutions that may still hold shares themselves have a tacit understanding, and they are afraid that Swire Financial will not be able to digest the large orders at a low price at one time, so that the stock price will fall sharply and cause more serious damage to interests.
After hearing Cedric Quincy's report, Norman Shi Yahuai hurriedly asked about the relevant details, and the former unreservedly told the real situation and his own guesses.
Norman Shi Yahuai listened, his brows furrowed into a Sichuan character, and his face was full of heaviness.
"According to your judgment and analysis, the remaining more than 750 million Hong Kong dollars can be supported for a few days?"
For a long time, Norman Schiawy asked the question that was most of his concern.
Cedric Quincy thought about it seriously and said in a heavy tone: "If the current situation does not ease, the best case scenario is that all the funds will be consumed on Wednesday. ”
"The most conservative estimate is that the funds will bottom out tomorrow. ”
Norman Shi Yahuai's face was as black as a potsticker, and his mouth squirmed silently.
Seeing that the chairman did not speak for a long time, Cedric Quincy hesitated for a moment and added again: "Chairman, unless you can come up with at least three billion Hong Kong dollars later, or reverse investors' impression of Swire Group in one fell swoop, it will be difficult to alleviate this situation now." ”
HK$3 billion!
It's easy to talk about, but it's hard to raise so much money!
Norman Shi Yahuai's eldest son borrowed a total of 750 million Hong Kong dollars in London twice, and he also took out a mortgage loan worth 1.8 billion Hong Kong dollars from the British parent company.
Cedric Quincy doesn't know the situation, but Norman Shi Yahuai knows very well that the debt ratio of the British parent company is already higher than that of the branch in Xiangjiang, and now it is impossible to borrow another 3 billion Hong Kong dollars!
Unless there is a bank or a friend who is willing to borrow on credit!
"Three billion Hong Kong dollars needless to mention, you still have to think of a way to see how to reverse the current situation?"
Hearing Norman Shi Yahuai's deep voice, Cedric Quincy's heart sank, and his expression became more and more bitter, these days he has been meeting every night to brainstorm ideas, if he could have thought of it, he would have thought it out a long time ago, why wait until now?
But if you can't think of it directly, it is estimated that you will attract the anger of the irritable chairman to yourself.
Hearing the noise coming from downstairs, his expression moved slightly, and he said to Norman Shi Yahuai with a bitter face: "Chairman, now the investors who claim back the investment money are blocking the door of our company every day, we have been delaying time, and the patience of investors has been exhausted, I heard that some investors are ready to solve the problem through legal channels, and if this problem is not solved, no matter what we think, we cannot strengthen the confidence of stock holders." ”
"Moreover, investors' funds are basically used by us to buy shares in companies such as Swire Pacific Limited, and once we run out of funds and cannot repay investors' funds, our financial company will also go bankrupt. ”
Norman Shi Yahuai's breathing became more and more rapid, and he only felt that his mind was in chaos, and he could not calm down and think of a solution.
He was on the verge of collapse.
His temper became irritable after his heart fluctuated violently, and he shouted to Cedric Quincy: "Cedric, Jiuding Bank can solve similar problems, you quickly gather your subordinates to come up with an effective solution, no matter who comes up with it, as long as it solves the problem of investors claiming back their investments, reward 10 million!"
"As long as the stock price of these companies can be stabilized, the method proposer will be rewarded with 10 million! The operation team will be rewarded with 10 million!"
Cedric Quincy, who was still a little emotional, was also taken aback when he heard this number, but since the chairman has come up with such a big hand, what excuse can he make?
One can only pray that someone will take the 30 million.
He nodded heavily and said, "Chairman, I'll immediately convene people to figure out a way." ”
"Remember, you must keep it secret, you can't leak it, whoever dares to leak it, I will make him pay an unbearable price!"
"Go!"
After driving out Cedric Quincy, Norman Shi Yahuai's frown did not relax, and he didn't know if the 30 million bounty would work......
If Xia Yu knew Norman Shi Yahuai's thoughts, he would definitely laugh.
If his carefully arranged nirvana against the Swire Consortium was really so easy to crack, he would still be a fart!
Even the Swire Consortium can't clean it up, so why is there any need to fight with those real world giants in the future?
......
At the lunch break, the Hang Seng Index was fixed at 968 points, down 119 points in the morning, and the decline has been reduced a lot.
But this is normal, after all, it has plummeted by more than half from its peak, and if it continues to plummet by more than 400 points a day, it will fall to zero on Wednesday morning.
But it is absolutely impossible for the Hang Seng Index to fall to zero.
According to the analysis of the team of Jiuding Securities, the downward trend of the Hang Seng Index will slow down this afternoon, and by next week at the latest, the Hang Seng Index is expected to fall to a trough of 650 points, and then it will fall into volatility.
In this regard, Xia Yu agreed, after all, when the Hang Seng Index fell to about 650 points, the stock prices of the vast majority of Hong Kong companies had no water, which would trigger the bottom line of financial institutions and shareholders of listed companies, and they would try their best to hold this line.
Although a Swire consortium and a Jianing Group are large enough to have a huge impact on the stock market, the destructive power of the bank run is also very strong, and the question of the future of Hong Kong is also very important, and they can deal a heavy blow to the Hong Kong stock market, but they are not enough to completely destroy the Hong Kong stock market.
At noon, just after Xia Yu finished eating, when the nanny cleaned up the table, Xia Jun came to Xia Yu's house.
PS: The second update is sent, there is an additional update tonight, the specific time is uncertain, and I ask for a recommended monthly pass
n.