Chapter 362: Revenge Mode
Yesterday the computer system crashed, and I didn't get it done until noon today.) Pen, fun, pavilion www. biqugeใ info๏ผ
On Monday, April 22, it was an ordinary day, but with Zhou Ming's rebirth, it was destined to go down in history on this day in '91, at eight o'clock in the morning, because the Gen Michael News Channel broadcast a big news that shocked the whole of the United States: Big Wood Bank will publicly sell off eight billion dollars worth of shares in Chinabank, including a portion of the voting shares.
When the news was broadcast, many people thought they had heard it wrong, and it was probably a belated April Fool's joke played by Gen Michian Television.
You must know that this is the stock of the Don Bank, and the Tang Bank is the largest bank in California, and even in the United States, it can be ranked first, although there has been some internal turmoil recently, but in general it is still very reliable, how can someone sell the shares? Especially if it sells so much money at one time, and even has voting shares, this is not something that can be bought with money, and it is an important stock that can really participate in the decision-making of the Tang Bank.
Not only is the object of the sale important, but the amount of shares itself is very staggering, after all, at eight billion dollars, the entire national foreign exchange reserves of Mexico, a neighbor of the United States, are not so much.
To say that the wealth of Mexico is certainly not as good as the United States, but it is also an ordinary medium-sized country, and he has been attracting wealth investment from the United States, and there is always some savings, and this money exceeds the foreign exchange reserves of the entire Mexico, you can imagine what a huge wealth this is, and when such a huge stake is thrown into the financial market, it will undoubtedly cause a tsunami.
In this tsunami, perhaps because it is the shares of the Tang Bank, it will arouse the interest of some investors to be robbed, of course, it is more likely to happen, it will cause a more serious sell-off, countless investors think that this is because Big Wood Bank believes that the Tang Bank no longer has investment value, or that there is a problem with the Tang Bank itself, or maybe the market can not digest so many shares at once, and the price can only fall like jumping off a building.
I believe that either situation is certainly not what Chinabank wants to see, and there is another more intriguing situation here, which is Big Wood Bank and Chinabank itself.
It is said that 150 years ago, the Tang family was the richest man in the world, and the Tang family came to the Americas with the wealth flowing from all over the world to China, and it was these wealth that established the Tang Bank, which eventually became the core of the California consortium.
On the other side, behind the Big Wood Bank, is the Itley Big Wood family, which is a nobleman who immigrated from France, and is said to have some connections with the British royal family, in short, it must also be a wealthy family, and with the development of the later industrial age, he relied on his wealth to invest everywhere, and then relied on the manufacturing industry to become a wealthy family standing in the middle, and it is also the core of the Itley consortium.
Neither of these is simple, so this direct sell-off of Big Wood Bank, who says it is not a collision between these consortia?
"No one knows why Big Wood Bank did this, but Big Wood Bank must have the confidence to do it, but this is not good news for San Francisco, maybe they had silver from all over the world a hundred and fifty years ago, maybe they also brought all this money to San Francisco, but no matter how much wealth they have, they can never reverse the laws of the economy!"
These are the words of a special commentator of Eitley Television, and his words are obviously a prophecy, because when the time is half past nine in the morning, the New York stock market opens, and the stock of the Tang Bank plummets instantly, and in just half an hour, the stock of the Tang Bank fell by more than five percentage points, causing the market value of the Tang Bank to lose nearly $40 billion in half an hour.
After that, the stock of Down Bank continued to decline, which forced the US Securities and Exchange Commission to temporarily suspend the trading of Tang Bank's stock and immediately set up an investigation committee to intervene in the investigation of the incident.
Although it is not shocking for the China Securities Regulatory Commission to temporarily suspend a stock and intervene in the investigation, the problem is that this is a Tang Bank, a super bank with a market value of hundreds of billions of dollars, and people have the impression that such a giant bank cannot happen.
It is precisely because of this concept that when the China Securities Regulatory Commission stopped trading in the shares of Tangren Bank at 9:40 a.m., the whole market was in an uproar, and at the same time, all investors were even more panicked.
Of course, the so-called investigation of the China Securities Regulatory Commission will not be to investigate what so-called insider trading is, but to ask what happened between Tangren Bank and Big Wood Bank.
"Brother Ming, it seems that there have been other changes in the current situation, the Big Wood family has taken the lead, our Tang Bank has no defense at all, and now the loss is very large, not only the market value of the Tang Bank has shrunk by 40 billion US dollars, but even the other family industries controlled by the bank have also had a great impact, although the family is now trying its best to remedy it, but it has little effect. โ
Tang Ran then said: "Just now, the chairman of the China Securities Regulatory Commission personally called me and asked our Tang family to exercise restraint as much as possible. โ
"Of course he's going to call you, because financial markets are very fragile, and the economies of the states are interconnected, and he's afraid that there will be a big ripple effect. Zhou Ming then wondered, "But the Big Wood family's hand is really strange. โ
"Yes, isn't he worried that the market value of our China Bank will shrink along with the shares they hold? Although I know that they may still buy it back, in the overall situation of the stock market, I'm afraid he still loses more than he gains, and I really can't figure out why he did this. Tang Ran said incomprehensibly.
At this time, Lin Muqing took the microphone from Tang Ran's hand and said her thoughts: "Zhou Ming, do you think it will be because they already know about us and Miranda, so they want to make a move in advance? Because their original plan was that they should wait for us to make a move first, and then they will take advantage of the situation? It should not be such a sudden sale of our shares without warning, after all, this will disrupt the order of the entire financial market, and the attack surface is too large, and it is easy to attract other consortium families to intervene." โ
"And there is a more important point, that is, if they do this, the market value of the entire Tangren Bank will shrink, and the shares they still hold will also decrease, isn't it harmful for them to do so?" Lin Muqing was puzzled.
Hearing Lin Muqing's speculation, Tang Ran was also surprised: "I think it's very likely that there is a problem that we didn't expect, otherwise it doesn't make sense!"
"Damn, it's just that Brother Ming, you finally thought of a way to deal with it," Tang Ran felt very aggrieved for Zhou Ming, "Obviously, the strength of the Great Wood family and the Morgan family is so strong, and they still have to use these disgusting conspiracies;
Facing Tang Ran's grievances for herself, Zhou Ming comforted her with a smile: "Extreme challenge, this is fate!"
After making a joke, Zhou Ming said again: "And now compared to before, I think the situation is much easier to deal with, but don't you think that the Big Wood family is selling so many shares of China's Bank at once, which is a very unconfident performance?"
After thinking about it, Zhou Ming added: "And just like Sister Mu Qing said, if they do this, it will easily cause dissatisfaction and interference from other consortium families." โ
Hearing what Zhou Ming said so much, Tang Ran immediately became happy: "Brother Ming, you say this, is there a way?"
Zhou Ming thought for a while and said: "Ranran, do you remember what you said before that the chairman of the China Securities Regulatory Commission called you? He asked you to exercise restraint, so why don't we do the opposite, we will retaliate with great fanfare, and we were originally prepared for this, right?"
Lin Muqing on the other side of the phone gasped: "Zhou Ming, if you do this, you are really going to start a financial war between wealthy families." โ
Before Zhou Ming could speak, Tang Ran said: "I support Brother Ming, war is war, Brother Ming can't always be bullied by those villains, we should teach them a good lesson, let them understand that we are not easy to bully!"
"Well, according to what we originally prepared, contact the media to announce the non-performing assets of Big Wood Bank, and then file a lawsuit against Ruibo Insurance Company and Hansen Trust Company, which are controlled by Big Wood Bank, and list all their illegal operations suspected of infringing on the interests of our company. Zhou Ming said.
Lin Muqing said to Zhou Ming: "No problem, we have prepared these things yesterday, but I didn't expect them to do it in advance." โ
"Sister Mu Qing, don't worry, they can't change anything if they start in advance, the gap between the Big Wood family and the Morgan family is natural. Zhou Ming said.
"As long as it's Zhou Ming's way, I don't have anything to worry about, and you have never let us down. Lin Muqing said.
Then Zhou Ming and Lin Muqing hung up the phone, and the Tang family immediately activated the revenge mode, although they originally planned to do so.
First, 150 companies in San Francisco jointly filed a lawsuit against Reaper Insurance Company and Hansen Trust Company, accusing the two companies of illegally profiting more than $100 billion through insider trading, so they demanded a public apology for their illegal use of commercial espionage and $45 billion in compensation for 150 companies.
Then Wall Street Financial Television received an anonymous document documenting the vast amount of bad assets of Big Wood Bank, which were very hard-to-enforce debts and very heavily priced properties, as well as companies that were themselves mortgaged.
The anonymous materials show that the total amount of these non-performing assets is 15 billion US dollars, and the reason why Big Wood Bank sold the shares of Chinatown Bank is to cash out and secretly replace these non-performing assets in a special way to avoid the surveillance of shareholders' meetings.