Chapter 1042: The Run Tide is Coming

"The Hang Seng Index has fallen below 1,700 points!"

As soon as the stock market opened, with a scream, the market dived again, and the road to a comprehensive decline opened again.

"Swire Pacific Group has a buy order and has started to buy back, look at Swire Shipping. ”

"Swire Warehouse Company also has a bill, everyone hurry up and sell it......"

Soon, many investors who knew about the press conference held by Swire Group at noon noticed that Swire Group was really buying back shares!

This made these investors very excited, scrambling to adjust the price of pending sell orders, trying to close the deal and escape.

As for restoring confidence and continuing to hold?

At best, the thought flashed through the minds of the more greedy investors.

Now that the stock market crash is absolutely not in the end, who knows how much money Swire Group is ready to buy, if you don't seize the opportunity to escape, and when Swire Group has no funds to give up the buyback, the shares held by Swire Group will not be able to cash out.

This choice of investors has led to the sale orders of listed companies in the Swire consortium becoming very active, which makes Swire Financial, which is responsible for operating the buyback, scramble, and Norman Shiya, who has been paying attention, is frightened.

Regardless, Swire Financial has largely maintained the share prices of companies such as Swire Pacific for the time being.

It's just that the price is the rapid consumption of funds.

Fortunately, Norman Shi Yahuai got the news from London, his eldest son has been borrowing funds urgently, and today he is sure to borrow at least 50 million pounds, and nearly 400 million Hong Kong dollars in Hong Kong dollars.

In addition, Swire Financial originally had more than 300 million Hong Kong dollars, and the liquidity was more than 700 million Hong Kong dollars, so he was a little more sure.

Although if you continue to borrow money now, the loss will be greater once you fail, but if you fail now, you can also make the Shi Yahuai family lose their bottoms and end up bankrupt, since the results are almost the same, it is better to fight again!

The stock price of the Swire Consortium was temporarily maintained, but Jianing Group took center stage again.

Jianing Group has a total of three listed companies, namely Jianing Real Estate, Vinda Shipping and Qichang Life Insurance Company, which was acquired just over two months ago.

The rumors that broke out in the morning were fatal enough to cause the stock prices of the three listed companies to plummet.

At noon, Chen Qingsong, the legendary chairman of Jianing Group, was taken away by the police, and the people of U-Ming Marine Finance were also taken away by the police, these two news made everyone believe in the authenticity of the "rumors".

After many investors made up for it, they also solved their doubts about the legendary rise of Jianing Group, and sentenced Jianing Group to death in their hearts.

Reflected in the stock market, it is the stock price of the three companies that has collapsed, and the price of the sell orders put out by investors is more ruthless than the other, which is completely a situation of a big sale at the price of jumping off the building.

But other people are not stupid, the possibility of Jianing Group's insolvency and bankruptcy is extremely high, even if someone takes over, it is also after bankruptcy liquidation by the big guys, where to get their simple financial institutions and retail investors?

......

In the operation room of Jiuding Securities Company, the atmosphere is not serious at all, it seems very relaxed and comfortable, and even the employees have nothing to do, and they get together to analyze the stock market while joking.

And Xia Yu stood next to Wang Qi and Song Bo, but Xia Yu and Wang Qi talked and laughed freely, while Song Bo smiled reluctantly, looking preoccupied.

Seeing that the stock price of Swire Group was temporarily maintained, Xia Yu laughed instead.

"Hehe, I didn't expect Norman Shi Yahuai to fight so quickly, it seems that he overestimated his strength. ”

Wang Qi nodded in agreement and said with a smile: "Yes, now that the market value of Swire Group has not fallen to the market value before our action, Norman Shi Yahuai has started to buy back, and he must have taken a lot of equity to pledge the loan." ”

"I just don't know how much money Norman Shi Yahuai has to buy back shares!"

"It stands to reason that there shouldn't be much left, how can he have the confidence to fight?"

Song Bo suddenly said at this time: "Mr. Xia, the president of Swire Industrial Group proposed to buy back shares to stabilize the stock price, and I directly vetoed it, but it is difficult for other companies to say. ”

"It doesn't matter, the more you buy, the faster you die. ”

Xia Yu smiled slightly, and said lightly: "Since he is so rich, then the money of Swire Financial Company must be returned to others." ”

Wang Qi was stunned for a moment, and heard the deep meaning of Xia Yu's words, and he took the initiative to ask: "Chairman, do you want to encourage investors in Swire Financial to ask for investment funds?"

Xia Yu gave Wang Qi an appreciative look, and said with a light smile: "That's right, Norman Shi Yahuai has been taking Swire Financial's public funds for private use, without any regard for the interests of investors, and this kind of behavior must be stopped." ”

Wang Qi immediately laughed, he could imagine the embarrassment of Norman Shi Yahuai and Cedric Quincy when investors surrounded Swire Financial.

Xia Yu gave Wang Qi a look, and the latter immediately nodded in response, and then left the operation room directly.

Xia Yu looked at Song Bo again and said with a smile: "Mr. Song, the plummeting stock price of Swire Industrial Group is a good thing for you, just wait for the low price to take over." ”

Song Bo squeezed out a smile and responded, "Yes, it's a good thing." ”

Seeing that Song Bo's smile was still a little reluctant, Xia Yu raised his eyebrows and asked, "Mr. Song, why do you seem unhappy?"

"It can't be that the funds are not well prepared, right?"

Seeing Song Bo's smile froze, Xia Yu realized that he was really right.

However, he didn't care whether Song Bo had enough funds or not, anyway, he had already reminded him a few times.

In order to block Song Bo from asking him to borrow money to buy, he said in a joking tone: "Mr. Song, I have reminded you a few times, try to find a way to raise funds again, the opportunity is rare, you can rest assured to buy, anyway, I will support the rest, and I will not cheapen others." ”

Song Bo was a little stunned, and pressed the words that were already difficult to speak directly to the bottom of his heart, and he nodded emotionally: "Okay, I'll think of a way." ”

......

When Wang Qi ordered people to release that "Swire Financial will use most of the investors' funds to acquire Swire Pacific Group and Swire Shipping Company...... junk stocks, the risk of bankruptcy is extremely high", all investors in Swire Pacific's funds rushed to Swire Financial with investment agreements.

Norman Shi Yahuai, who was sitting at Swire Financial Corporation and directing the repurchase of shares, heard the news, and felt that the world was spinning.

Swire Pacific's funds raised a total of HK$1.54 billion from investors.

If all investors were to come and ask for the money now, Swire Financial would not have been able to come up with it.

Once you can't take it out......

Thinking of the terrible consequences, Norman Schiawy felt that the future was dark.

When he finally regained his footing, Cedric Quincy anxiously asked him: "Chairman, the company will definitely be surrounded by investors in a while, what should we do?"

Norman Shi Yahuai's expression changed rapidly, and finally gritted his teeth, and said hatefully: "Agree that they will get their investment money back, but deprive them of their benefits on the grounds that they have voluntarily defaulted, and delay the refund as much as possible!"

Norman Schiawy is planning to procrastinate.

Cedric Quincy nodded heavily and replied, "Understood, I'll arrange it." ”

It's just that he stopped as soon as he took a step, and turned to Norman Shi Yahuai and asked, "Then chairman, do we continue to buy back?"

Norman Shi Yahuai's eyes were indifferent, and he said in a deep voice: "Continue to repurchase!"

Anyway, if he really wants to die, then drag the investor into the water so that the investor can bear part of the loss for him, and the agreement signed between Swire Pacific Financial Corporation and the investor is clearly written in the class, and the risk of failure of the fund investment is borne by the investor.

Facing Norman Shi Ya's bloodshot eyes, Cedric Quincy's heart trembled, and he immediately nodded in response: "Okay." ”

After saying that, he left quickly, and he had to quickly arrange for his subordinates to deal with the upcoming wave of refunds.

......

As soon as Cedric Quincy made an emergency arrangement, a large number of investors rushed into Swire Financial with investment agreements, clamoring to get their investment funds back, and the entire Swire Pacific Financial Company suddenly became like a vegetable market.

And along with these investors came a large number of reporters, who excitedly filmed this messy scene.

It's just that Swire Financial Corp. easily agreed to the investor's refund, much to the disappointment of reporters.

However, with the passage of time, these reporters found that the speed of Swire Financial Corporation's refund is not generally slow, and investors need to go to the bank for refund after collecting a batch of refund materials to get back the funds, and it is impossible for investors to get their investment money back on the spot.

Some clever reporters found out about this and became excited again, and they had already begun to conceive of a powerful copy in their minds.

At four o'clock in the afternoon of the same day, the stock market closed again.

The Hang Seng Index closed at 1,523 points, plummeting more than 500 points on the day, a bigger drop than yesterday!

The temporary closing of the stock market is not the end, but the beginning of another.

Retail investors from the exchange began to rush to many securities companies, private and public funds, as well as ...... Bank!

PS: Thank you for the reward of Starstorm Blizzard 1000 starting coins, thank you!

PS: Monday was too busy at work, resulting in a late update, sorry.