Chapter 1040: HSBC was miserably pitted (second more votes)
After successfully fooling Wang Ping and Li Hua, Xia Yu no longer had any worries and continued to promote the stock market crash.
Saying.
By the time the market closed in the morning, its market value had fallen below HK$10 billion, closing at more than HK$8.13 billion, evaporating its market value of HK$5.1 billion in the morning, and the decline was not inferior to yesterday's.
Other listed companies in the Swire Consortium, such as Swire Shipping, Swire Warehouses, Swire Industries, etc., have all been rumored to be in the air, and the stock prices of these companies have also collapsed.
Norman Shi Yahuai never imagined that the market value that had risen in more than a month would evaporate by 80% in just over a day, and it is likely to evaporate all of them today!
Norman Shi Yahuai, who was over the age of six, was in a state of anger and panic all morning, just like eating gunpowder.
At noon, Xia Yu flickered Wang Ping casually, but Norman Shi Yahuai was busy with red eyes.
Because Norman Shi Ya has been in business for many years, although rumors are circulating outside that he has embezzled hundreds of millions of shareholders' interests, the Hong Kong government has not sent anyone to investigate, nor has it restricted him from leaving the country.
But there was no official pressure, and the pressure from the banks, including HSBC, alone had already made Norman Shi Yahuai collapse.
Home to the headquarters of the Swire Group.
At noon, the scorching sun hung high, and the reporters gathered downstairs at the headquarters of the Swire Group were uncomfortable, but none of these reporters were willing to leave, and groups of three or two were discussing how the Shi Yahuai family would respond, and from time to time someone looked up at the upper floors of the building, as if they could see the emergency meeting being held inside.
Swire Group Grand Meeting Room.
All the top management and the heads of the subsidiaries came to listen to the "roar" of the top Norman Schyahuai.
I saw that Norman Shi Yahuai's face was flushed, and his eyes were bloodshot, giving people a terrible feeling.
His red eyes kept glancing, and he gave orders loudly, and his voice was a little hysterical: "Listen, now the downstairs is full of reporters, and a press conference will be held immediately after the meeting, and you all come to the stage with me to express your position, I don't care what method you use, you must promote the immediate fundraising after you go back, and entrust Swire Financial to repurchase the shares, stabilize the stock price at all costs, and if anyone can't, they will all be dismissed......
"Did you hear me clearly?"
An angry roar frightened many people, and they immediately replied loudly.
"Hear me clearly!"
"Break up, come downstairs with me!"
With that, Norman Shi Yahuai walked towards the door with the help of his nephew.
Soon, Norman Shi Yahuai and his party came downstairs, he ordered someone to stop the crazy reporters, and led everyone to the simple stage set up in advance, and held a press conference.
At the press conference, Norman Shi Yahuai denied all the rumors, and claimed that the rumor-mongers would pay a heavy price, and then swore that all the health of the Swire Group, including the parent company, all listed companies have sufficient funds to buy back shares at all costs.
Throughout the press conference, Norman Shi Yahuai tried his best to maintain his composure and self-confidence, just for fear that his ugliness would be maliciously interpreted and cause more harm.
After a brief press conference, Norman Shi Yahuai, who turned back to the company, could no longer hold back and resumed his angry mood.
Immediately afterwards, a phone call from HSBC from Shen Bi made Norman Shi Yahuai go crazy, and he was exhausted and had to force himself to cheer up and rush to HSBC with his nephew Wade Shi Yahuai.
When Norman Shi Yahuai arrived at HSBC, he was greeted by a busy scene, although it was already work time, the entire hall of the bank's headquarters was crowded with people, all of whom came to withdraw money.
In the past 20 years, there have been several stock market crashes in Xiangjiang, and bank failures have also occurred from time to time, so when the stock market crash came, people with brighter brains immediately thought of taking out their deposits quickly, even if the object was HSBC!
Shen Bi was also worried that some citizens who had lost their minds would not understand, so in this special period, in order to avoid things becoming more complicated, he did not dare to let his employees leave work at all, and various businesses continued to operate as usual.
Of course, external loans are not included in these operations......
When Norman Shi Yahuai found Shen Bi, Shen Bi was in full swing scheduling work, instructing employees to collect the money at all costs.
Seeing that it was not a place to speak, Shen Bi could only say a few words hastily, and then took Norman Shi Yahuai to his office.
Seeing the door closed, Norman Shi Yahuai hurriedly said: "Michael, you must help me ......"
Before Norman Shi Yahuai finished speaking, Shen Bi, who was also under great pressure in his heart, interrupted him forcefully and said resolutely: "Norman, I can't help you this time!"
"I also need a lot of money!"
"Now that all the assets you have pledged are locked up, and they are rapidly approaching the warning line, if you can't come up with enough money to make up the margin pool, then I can only take a special way to solve it. ”
"Michael, you know my situation, I'm going crazy, I need a lot of money to buy back shares to stabilize the stock price, I can't come up with much money, it's a special time, only you can help me, if my Swire consortium falls, HSBC will also ......" Norman Shi Yahuai's face was very ugly, but he still tried his best to persuade Shen Bi.
Shen Bi, who was also under great pressure, shouted again in a louder voice: "Norman, I said I don't have any money to lend you, you saw it when you came, the people who took the money have filled the entire hall, and they are about to line up on the road, HSBC can't die with you!"
"I've helped you enough!"
Norman Shi Yahuai didn't believe that HSBC would run out of money at all, in Xiangjiang, HSBC was the only lifeline he could grasp, and it was absolutely impossible for him to give up easily!
"Michael, didn't I give HSBC HK$1,674 million when I bought shares at HSBC last month?
"If you lend me this money again, I will take enough assets as collateral!"
Hearing Norman Shi Yahuai's words, the remorse in Shen Bi's heart became more and more intense, and he couldn't wait to slap himself a few times, why would he fall into the hands of Jiuding Bank and Standard Chartered Bank, and take over some of the loan business and assets thrown out by these two banks at low prices, resulting in the consumption of most of the working capital.
It can be said that in the past few years, HSBC's cash flow has never been so low as it is now!
At present, the liquidity on the account of the entire Hongjiang HSBC Bank is only more than 600 million Hong Kong dollars.
HSBC's securities department, which has another money bag, has all the funds locked up at this time, and if it is not unbundled, the liquidation will not be far away, and then HSBC will have to suffer huge losses.
The collateral in HSBC's loans with the Swire Consortium and the Shi Yahuai family is worth 78 billion Hong Kong dollars, and a large part of it is the equity of various companies of the Swire Consortium, and it has suffered a lot in this regard.
Once the news is exposed, the more than 600 million Hong Kong dollars on HSBC's current account will not be enough for depositors to run, let alone fill the hole in the loss.
Moreover, now that the stock market crash is coming, HSBC's stock price is also plummeting, and he also needs funds to stabilize the stock price.
So the current Shen Bi, in the face of the current bad situation of Xiangjiang HSBC, is completely incarnated as an iron rooster, and no one wants to pluck another hair from him!
Not only that, but he also wants to raise funds everywhere to enhance the bank's ability to resist risks.
But these situations, Shen Bi is absolutely impossible to tell Norman Shi Yahuai.
He didn't explain at all, and his attitude was as tough as before.
It's not that he doesn't care about the friendship between friends, but Norman Shi Yahuai doesn't talk about friendship either, and now he still wants to take out a loan with his assets, he is about to be miserable by the assets of the Swire Consortium and the Shi Yahuai family, and he will only receive the time bomb when his brain is pumped!
"Norman, don't waste time with me, you better find a way to raise funds quickly, your assets pledged by us, once insolvent, you will default, in order to reduce losses, as long as someone pays money, I will sell it to avoid more losses!"
"I have to be responsible for the shareholders and the parent company!"
"I hope you understand!"
Speaking of this, Shen Bi's eyes were like knives, and he looked directly at Norman Shi Yahuai, his gaze was unprecedentedly resolute, indicating that he would do what he said.
PS: The second update was written until 1:47, so everyone waited for a long time, and asked for a ticket!