Chapter 327 Black Monday (Thursday)
As soon as the market opened, the stock index fell instantly. Looking at the screen, Guo Wenjun and Guo Wenzhen cheered and hugged happily. Since Guo Wenjun is now an agent, if he is not a little less qualified, he may be promoted to a partner. In Best Fuli, Guo Wenjun also has an independent office. So the two siblings celebrated in the office.
"Squeak", the door opened, and a white-collar beauty quietly flashed into the door. The two brothers and sisters were stunned, and Guo Wenjun asked, "Sister Qing, why did you come in?"
This Qing sister is Guo Wenjun's secretary, she patted her chest and made a "afraid" movement, and said softly: "Shhhh ”
Although Sister Qing is the secretary assigned to Guo Wenjun by the company, the two siblings have a very good personal relationship with her. And Sister Qing came in to remind that now except for here, the entire Baishifu family is all gloomy.
Pulling open the blinds, the three heads squeezed together, and secretly looked outside, and saw that there was a lot of mourning in the big office outside, and from time to time someone was crying wolves and howling and crying bitterly.
Guo Wenjun was a little strange: "Didn't I tell them all about Jing Shao's judgment? Even if they don't listen, they should be careful to reduce their positions, and the loss will not be very large?"
Sister Qing pouted: "Ah Jun, a few days ago, they were laughing at you behind your back, saying that you two brothers and sisters are just lucky, and you have found a big water pipe, but in fact you have no ability." Now that Jing Shao is nervous again, short selling in the bull market, just waiting to see your jokes. Hmph, now these people are dumbfounded, right?"
Guo Wenzhen was not happy when he heard it: "My eldest brother is honest like a fool, and he helps count the money when he is sold." And remind them, "If it's me, I don't care if they live or die!"
"Hey, hey. Guo Wenjun smirked a few times, "They are all colleagues, they can help." Sister Qing, huh?"
"Hee-hee, no. Sister Qing didn't give face at all, "I am a woman with a small heart." ”
"Hee-hee-hee, I'm a woman too. ”
Seeing the two women laughing together, Guo Wenjun looked helpless.
The three of them were talking and laughing, when suddenly, they heard someone shouting outside the window: "Call the police!
......
Fifteen minutes after the market opened, the Hang Seng Index had fallen by more than 650 points, and by the end of the morning, the Hang Seng Index had fallen by 845.04. In the afternoon, instead of improving, the market situation turned worse again, the market was full of wind, the investment sentiment was pessimistic to the extreme, and investors entered the market for the sake of selling, resulting in a total of 1120.70 fell to 2241.69 in the whole day, a total decline of 33%, setting the world's largest single-day decline record.
The spot futures market has fallen four times, and the next day's newspaper headline reported the news, describing the disaster of the falling market as "landslide and ground crack". Then, the Hong Kong government announced a series of rescue measures, including waiving the restriction on listed companies buying back their own shares, and the Exchange Fund, Jockey Club, HSBC and others all entered the market to buy shares, hoping to take the lead.
And in the global markets, after a mid-week comeback, the global stock market crisis is not over. On October 23, panicked investors began to sell dollars in the foreign exchange market again, snapping up hard currency, causing a sharp depreciation of the dollar, and on October 26, affected by the depreciation of the dollar and the collapse of the surrounding market, the Dow Jones index plummeted again by 156.63 points, a decrease of 8.03%; Japan's Nikkei fell 4.75%, while France, Switzerland and the Federal Republic of Germany fell 7.0%, 10.0% and 10.1% respectively.
As the Hong Kong futures index fell by 1554 points, many futures index bearers were unable to fulfill their contracts at all. On October 25, the government exchange fund and a number of financial institutions contributed 2 billion to save the guarantee company, and the Hong Kong government repaid the levy from stock and futures trading, and the chairman and vice chairman of the Hong Kong Futures Exchange all announced their resignation on the same day.
......
Due to the October stock market crash, the Hang Seng Index finally fell by more than 50%, becoming the hardest hit area in the world, and Jing Jian once again swept up as much as 1.6 billion Hong Kong dollars. However, it was dangerous and dangerous, fortunately, Jing Jiancai used 300 million Hong Kong dollars, and the Hong Kong government took out another 2 billion to save the market, and it was barely successfully delivered. If there is more money, it may completely collapse the Hong Kong stock market. Otherwise, with so many default orders, a "bankruptcy" is declared, and Jing Jian's profits may be greatly reduced.
At the South Hang Lung Bank, Feng Biaoting asked a group of bank executives: "How many bad debts are there this time?"
The general manager of the bank looked lucky for the rest of his life: "Chairman, according to your instructions, the bank has tightened its monetary policy during this period and has called back several risky customers. Although the preparation time is too short, there are many bad debts......"
Feng Biaoting seemed very impatient, and was not in the mood to listen to his subordinates' word games, so he interrupted categorically: "Say numbers!"
"Yes, Chairman. At present, there are 470 million bad debts, and according to the estimate of the credit department, it can be controlled within 550 million in the end. Due to the monthly deposit of the Jinfu account, and the fact that there is a super large account in Best Fori who won the futures bet, the short-term interest rate received and the deposit of funds in the account, there will be no problems with our capital flow......
"What is trickier now is that although there are fewer dead debts, many bad debts are mortgaged in our hands. Over time, our bottom line will suffer. In particular, the 12-storey building in Yau Ma Tei, which borrowed 210 million from us at that time, has also fallen sharply in the property market, and there is no one to take over in the short term. If it is auctioned, it is likely that there will be a diving price. ”
Feng Biaoting's heart was relieved, in the long run, not only did he not lose money in this stock market crash, but he actually made a lot of money. Thinking of hearing Jing Jian's "big words" at that time, he kept an eye on it, and was cautious, so that Nan Henglong tightened the monetary root. I didn't expect ...... This little bastard can occasionally be right?
However, those mortgages, while in the long run, are certainly worth the money. But what the bank wants is liquidity, not to open a pawnshop, so it is still necessary to find a way to realize it as soon as possible.
Frowning slightly, Feng Biaoting asked, "What is the valuation of that building?"
"At that time, the valuation was 300 million. However, it is a commercial building with underground parking, so it is better to sell it as a whole. But now there are very few people who are willing to give so much money. The property market is also falling very hatefully. ”
"Then let's do it, you can cash out the other mortgages as soon as possible, and I'll figure out a way for this building." Feng Biaoting had an idea, "It's 300 million, right?"
"It's certainly not worth it now. ”
"I don't know about this?" Feng Biaoting said angrily, and then said to himself, "Three hundred million? Three hundred million is too low." If I don't pit you, who will pit you?"
"Chairman, what are you talking about?"
"Don't worry about this!"
“......”
Thinking that Jing Jian had made so much money, Feng Biaoting was angry: "Little bastard, will you use my precious grandson to blackmail Lao Tzu? Lao Tzu will also use your precious son to blackmail you!"