Chapter 1036 - The Stock Price Has Collapsed!
As soon as dawn arrives, the warmth pierces the sky, the early morning sun is exceptionally warm, coupled with a sudden rain last night, all kinds of exhaust and floating dust are swept away, making the air exceptionally fresh.
This seems to be a good sign that today is a good day.
As the sun rises and the time gets closer to work, the whole city begins to hustle and bustle.
Norman Shi Yahuai had a bad night's sleep last night because of the news that suddenly spread yesterday afternoon, and after a hasty breakfast this morning, he rushed to Swire Financial.
Coincidentally, Cedric Quincy also couldn't sleep well last night and came to the company early.
When Norman Shi Yahuai arrived at the office, he happened to see Cedric Quincy intently reading the newspaper.
"Cedric, good morning!"
Norman Schiawy's words woke Cedric Quincy awake.
The latter immediately put down the newspaper and respectfully greeted Norman Shi Yahuai: "Good morning, chairman, you are here so early!"
"Need a newspaper?"
Looking at the thick stack of newspapers in front of Cedric Quincy, although Norman Shi Yahuai had read the newspapers for a while while at breakfast at home, due to time constraints, he only read "Jiuding Daily" and "South China Morning Post".
He also wanted to know what the front-page headlines of other business newspapers were.
"Give me all the business newspapers except Jiuding Daily and South China Morning Post. ”
"Okay. ”
After receiving the newspaper handed by Cedric Quincy, Norman Shi Yahuai quickly flipped through it, his eyes scanning back and forth over the newspaper, searching for key words, and only when he found the target did he stop flipping through the page, and read carefully word by word.
After reading the newspapers, Norman Shi Yahuai's face gradually became gloomy, and even his breathing became much heavier.
Cedric Quincy, who had been observing closely, could understand the chairman's mood, because when he read the newspaper just now, he was in no better mood than the chairman.
Newspapers such as Hong Kong Economic Journal, Heung Kong Business Daily, Cheng Pao, Economic Daily, etc., all discussed the same news on the front page.
That was the news that suddenly spread throughout Xiangjiang yesterday afternoon - Jiuding Securities Company abandoned the acquisition of Swire Group.
Of course, each newspaper has a different style, and so does the entry point and headline of the news.
The headline party that is a little more exciting is "Jiuding Consortium VS Swire Consortium, it ended in failure!"
The more prosaic headline is "Jiuding Securities Company Retreats, Xiangjiang Stock Market Reaches a Watershed!"
......
Of course, Norman Schiaw's focus is not on the headlines of the newspapers, but on the impact of the headlines on the front pages of these newspapers!
Yesterday morning, before the market closed, Swire Financial finally completed all the plans, which also means that it has a firm grip on companies such as Swire Pacific Group.
Yesterday at noon and in the afternoon, he was in a good mood.
It's just that at the end of the day, he learned the news that Jiuding Securities Company gave up the acquisition, and his original good mood disappeared in an instant.
Now almost all newspapers are reporting on the news, and at this point, there is no doubt that the vast majority of investors in Hong Kong are aware of the news.
Of course, this gave the Swire Consortium an aura of glory that defeated the Jiuding Consortium, but this is just a virtual thing, and the influence is secret and intangible.
But the most urgent thing is that as the Jiuding consortium retreats, the battle has ended, and the stock price pushed up by the two has lost a steady stream of core power, how to maintain it?
The stock prices of the low ones have risen three or four times, and the high ones have risen five or six times, and this kind of increase, even if he throws out good news, it is ineffective, not to mention that he can't find good news.
The most effective way is undoubtedly to invest a large amount of money in repurchase, eat all the low-priced sell orders, and the stock price will naturally stabilize temporarily.
IT'S JUST THIS WAY, NORMAN SHI YAHUAI PASSED IT DIRECTLY, HE DOESN'T HAVE SO MUCH MONEY!
If he had so much money, he would not have given up some of his assets and strategically reduced his strength.
So now the situation is - there is no solution!
If the stock price falls slightly, it is fine, but if it falls too sharply, then he will have to sit on wax.
"Hey......"
After putting down the newspaper, Norman Schiawy let out a long sigh, and even though it was only an hour or two after he got up, he felt physically and mentally exhausted.
"Cedric, what can you do to stabilize the stock price?"
Norman Shya looked at Cedric Quincy with a glimmer of expectation and asked, hoping that he, the financial elite, would come up with a solution.
It's a pity that Cedric Quincy is a man, not a god, and he couldn't figure out a solution to this situation last night.
Facing the chairman's hopeful gaze, he could only bow his head slightly, shook his head bitterly, and said apologetically: "Chairman, except for repurchase, there is no other substantive and effective way, I can only hope that investors can stay calm." ”
After speaking, he paused for a moment, glanced at Norman Shi Yahuai, who had an ugly face, and plucked up the courage to say: "And we have to prevent someone from maliciously shorting, once it is shorted by other institutions, regardless of whether there is really a shorting agreement, it will seriously affect the stock price." ”
"If there is really an institutional bet, then we have to raise funds to stabilize the stock price, otherwise it is easy to be over-suppressed the stock price, causing the consequences of market panic are very serious. ”
Speaking of which, there are still enough funds!
With sufficient funds and ammunition, no matter what the enemy does, he can calmly deal with it.
But what Norman Schyahuai is short of is money!
And when the equity is already sufficient, he doesn't want to buy the stock when the stock price is so high, the risk is too great!
"How much money does the company have now?"
Norman Shi Yahuai asked after taking a deep breath and trying to calm down.
Cedric Quincy immediately replied: "Chairman, there are still more than 340 million Hong Kong dollars in the company's account. ”
This amount is astronomical for ordinary people, but if it is used for the initial defense now, compared to the current market value of the four companies that have accumulated more than 50 billion Hong Kong dollars, it is far from enough.
This money must be used to save your life when it matters most!
Can't spend!
Norman Shi Yahuai fell silent, and his heart struggled fiercely.
After a long time, he took a long breath and said softly: "Let's look at the situation in the stock market first, unless it is serious, this money will not be invested in the stock market." ”
Cedric Quincy nodded solemnly and whispered, "Okay." ”
......
As time passed, the time for the opening of the stock market was getting closer and closer, and Norman Shi Yahuai and Cedric Quincy both came to the operation room, anxiously waiting for the stock market to open.
As soon as ten o'clock arrived, with the ringing of a bell, the four major exchanges opened at the same time.
The stock price of Swire Group, which was closely watched by Norman Shi Yahuai, shook violently, and the stock prices of several other companies were the same.
Immediately, he saw that there were a lot of sell orders on the market, but there were almost no buy orders.
One of his hearts suddenly lifted, almost reaching his throat, and he subconsciously held his breath.
I saw that the share price of Swire Pacific Group fluctuated violently between HK$52.65 and HK$52.74.
After about ten seconds of violent fluctuations.
That's it!
A sudden sell order made Norman Shi Yahuai's face change dramatically.
Because this sell order with an amount of up to 100 lots and a value of more than 500,000 Hong Kong dollars, the listed price is 51.5 Hong Kong dollars per share!
Directly raise the price of more than a little Hong Kong dollar per share!
"Buy, buy, buy!"
Norman Shi Yahuai stared at this sale order, and kept shouting in his heart, hoping that an institution would eat this sale order.
But it backfired.
A second passes!
Three seconds pass!
Five seconds passed!
Seven seconds passed......
Institutions scattered all over the country and retail investors who gathered on exchanges saw that no one had bought this low-priced sell order for a long time, and the situation was completely on the bright side, and their already fragile mentality collapsed in an instant.
After Norman Shi Yahuai struggled violently in his heart, a look of determination flashed in his eyes, and he immediately ordered a trader in front of him: "Buy this equity first...... Uh......"
Before Norman Shi Yahuai finished speaking, his neck was as if he had been choked, his eyes were instantly bloodshot, staring at the electronic disk, and his old hand was clenched subconsciously.
It's late!
PS: The second more votes!
n.