Chapter 1023: Full Clearance to Raise Funds!
The Jiuding Consortium and the Swire Consortium are at war again, and they have covered all the listed companies of the Swire Consortium.
The intensity of the battle was not comparable to that of previous battles for Swire Airlines.
As long as investors and institutional investors with brains understand what this means.
Therefore, thanks to this news, investors' enthusiasm for investment was high, and the trading volume of the entire stock market began to skyrocket.
The major investment institutions have already transferred funds to earn interest rate differentials, but after judging that the stock market should at least soar in the short term, they immediately started to withdraw funds back and mobilize funds to enter the market at the same time.
The surge in trading volume and the entry of large sums of money into the market directly caused the Hang Seng Index, which opened down, to rise up, easily subdued the lost ground, and continued to rise.
This scene is exactly what Xia Yu is happy to see.
He was happy, but Norman Shi Yahuai, who was holding a meeting in the Swire group for a week, was furious.
Anger couldn't hide his panic, he directly announced the end of the meeting before the meeting, and asked the heads of each company to immediately rush back to their respective companies, and make every effort to recover the payment and raise liquidity.
He himself rushed to Swire Financial in Central, Hong Kong Island.
At this critical time, the only person who can resist and fight back the fastest can only be his money bag - Swire Finance.
The president of Swire Financial is Cedric Quincy, 57 years old this year, who has been involved in the financial markets for more than 30 years, and is the elite of the elite and the right-hand man of Norman Schiaw.
When Norman arrived at Swire Financial, Cedric Quincy was in full swing arranging the staff's actions.
"Cedric, how's it going?"
Norman Schyawy asked eagerly.
Because of the urgency of time, and being caught off guard by Jiuding Securities, Cedric Quincy was a little in a hurry, and time was urgent, so he had to speed up his speech and tell Norman Shi Yahuai the general situation.
"Chairman, it has now been determined that Jiuding Securities Company is acquiring the shares of our existing listed companies in the market at the same time, and the acquisition is very strong and the attitude is also very resolute. ”
"I'm sorry, but I mobilized funds to join the scramble before you came. ”
"At present, because other investors and investment institutions are also involved, the current situation is very chaotic, and it is very difficult to grab stocks, and the best way is to speed up the speed of pending orders and greatly increase the purchase price to grab funds. ”
Knowing that Cedric Quincy had arranged the action in advance, Norman Shi Yahuai breathed a sigh of relief, and sure enough, Cedric did not drop the chain at the critical moment.
"Well done!"
After encouraging Cedric Quincy, Norman Shi Yahuai immediately asked, "How much liquidity does the company have now?"
Cedric Quincy's face became solemn, and he hurriedly replied: "Chairman, I just asked people to count, and after urgently stopping all investment plans, the company's liquidity is now only 325.27 million Hong Kong dollars, which still includes the funds after leveraged allocation. ”
"According to the current turbulent situation, this fund is too small to last long!"
Norman Shi Yahuai's face is very ugly, this money is indeed too little, if it is used to buy the equity of Swire Pacific Co., Ltd., with the market situation described by Cedric Quincy, five percent of it will not be acquired!
At present, the Swire Group and the Shi Yahuai Family Fund only hold a total of 51% of the shares of Swire Pacific Corporation, and if they do not get more than 66.7 percent, if they are brought in by the Jiuding Consortium, it is enough to be a stirring stick and make a mess of Swire Pacific.
In the case of competing with Jiuding Securities Company, assuming that you can grab 15.7% of the equity, you will get at least 200 million!
Not to mention that there are so many listed companies!
This more than 320 million yuan of liquidity is enough for a fart!
Funds must be raised as soon as possible!
After only thinking for a few seconds, Norman Shi Yahuai ordered Cedric Quincy: "Sedric, the market should be stimulated now, more and more funds will definitely enter the stock market in the next few days, and the market will definitely be very chaotic, you immediately dump all the shares of the companies that are not affiliated with the group, and recycle the funds to grab the equity of our company!"
Cedric Quincy's face changed, and after a moment of confusion, he said with a solemn expression: "Chairman, our own capital is only about 750 million Hong Kong dollars, and the investor's capital is about 1.64 billion Hong Kong dollars, adding up to less than 2.3 billion Hong Kong dollars. ”
"Then the leveraged capital allocation funds are about 4.3 billion Hong Kong dollars. ”
"Because we are still uncertain about the action plan of Jiuding Securities, if we dump the shares of other companies and cash them out and use them all for the shares of our group, the funds will be highly concentrated, and then the risk will increase by several levels. ”
How could Norman Shi Yahuai not know this truth?
But now, the fastest and best way is this, there are fewer constraints, as long as the Swire consortium companies can maintain high stock prices after the acquisition of shares, then there is no risk of liquidation, and investors will not panic to get their funds back.
Swire Finance's risk is high, but Norman Schiawy judged that the risk was worth taking!
After all, in this case, if he wants to find a bank to borrow funds, it is not ordinarily difficult, and he has to take out a huge amount of assets as collateral, and the bank association has just announced an interest rate hike, and the cost of his borrowing is much higher!
"Do as I say!"
Norman Shi Yahuai said decisively with a calm face, not listening to Cedric Quincy's opinion.
He's spelled out the risks, but since the chairman has decided to do so, Cedric Quincy has no choice but to execute.
"Understood, I'll let people do it now!"
After saying that, Cedric Quincy checked the employee's acquisition operation again, and quickly moved to mobilize other employees to carry out the liquidation and cashing work.
Norman Schyahuai took his own look at the stock prices of various listed companies.
When I saw that the opening price of Swire Pacific Co., Ltd. today was HK$13.1 per share, and now in about an hour, the stock price has risen to HK$15.2 per share, an increase of 16 points.
The market capitalisation of Swire Pacific has also risen to more than HK$6.84 billion.
Although there is still more than a billion space to be lost from the market value of more than 8 billion yuan at the peak of Swire Airlines a few months ago, according to this rally, it is only a matter of time before the market value recovers and reaches the peak again, and he estimates that it will be achieved tomorrow.
He would be happy if he was usual, but now the more the stock price rises, the more irritable he becomes.
Holding back his irritation, he continued to look at the situation of other companies.
Swire Warehouse Company ......
Swire Shipping ......
Swire Industries Group ......
......
The stock price of every listed company skyrocketed, and the lowest one rose by twelve points in the past hour.
He inquired about the trader's acquisition again, and learned that it was very difficult to grab funds before, because the market was quite chaotic, large and small buy orders were thrown, and occasionally sell orders were placed, and the number was uneven.
But fortunately, he has authorized it just now, and he can greatly increase the purchase price to grab funds.
It's just that such drawbacks are also obvious, it will stimulate the market even more, so that the stock prices of various companies will rise faster, after all, they are not the middle price of buying and selling, they only buy and not sell, and the price is high and the last loss is their own.
But what can be done at this time?
If it's a chronic poison, you have to drink it, and whether you can get the antidote before you die depends on your ability!
After a while, Cedric Quincy returned again, and Norman Shi Yahuai told him again, then gave him carte blanche to operate, and then rushed to HSBC.
On the stock market, Cedric Quincy can stabilize for the time being, but it is too difficult to buy equity from the secondary market, and he must take the equity in the hands of those major shareholders as soon as possible, which is the lowest cost and the fastest way to success!
Because Swire Financial is also located in Central, less than 100 metres away from HSBC, Norman Schiawy soon arrived at HSBC.
It so happened that he met an acquaintance in the elevator, and a piece of news from his mouth made him feel like he was burning his ass.
The people of Jiuding Securities Company are here and are now negotiating with Chairman Shen Bi and others!
After asking where the meeting was going, Norman Shi Yahuai stepped out of the elevator and walked briskly towards the location, praying in his heart......
n.