Chapter 56: Henry's Initiative (2)

PS: Thank you very much!

The influence of Jardine Matheson in Hong Kong is huge, so the negative and gimmicky news about Jardine Matheson Group spreads very quickly.

By Thursday evening, the news that Jardine Matheson Group had suffered a large loss in futures gold had been confirmed had spread almost all over Hong Kong.

On the Jardine Matheson Group's side, the vague statement about the exact loss situation and the vague statement made this negative news have a lot of room for speculation.

On Friday morning, in Hong Kong's newspapers and magazines, people from all walks of life came out with great commentaries. For the loss of Jardine Matheson Group's investment in futures gold, various speculations and comments on the amount of losses have jumped on the pages of newspapers and magazines.

Speculations on the amount of losses ranged from conservative estimates of a loss of several hundred million Hong Kong dollars, to a relatively well-founded estimate of a loss of several hundred million dollars, and finally to an exaggerated and nonsensical loss of more than one billion dollars.

Such intensive and conclusive speculation and comments on the amount of losses, for investors who hold shares of Jardine Matheson's listed companies, no matter what the specific amount of losses is, as long as it is determined that Jardine Matheson Group is suffering a large loss, it is undoubtedly a very big blow to the bad news.

On Friday's Hong Kong stock market, the stock price trend of Jardine Matheson's listed companies also did reflect the impact of bad news.

Jardine Matheson stocks, the intraday sell orders are surging, and the stock price has fallen sharply, making it impossible to implement the Jardine Group's active shareholding reduction plan.

By the end of the afternoon, the average decline in Jardine shares reached 13%, which caused the majority of investors who held Jardine shares to suffer heavy losses. This is where the resentment against the Jardine Matheson Group arises.

To add fuel to the fire, in the Hong Kong Evening News on Friday, it broke the news that Jardine Matheson Group is taking the initiative to reduce its holdings of shares and raise funds in order to fill the shortfall in futures gold.

The news that Jardine Matheson Group took the initiative to reduce its holdings of shares made the majority of ordinary investors who hold Jardine shares ressorous. The scapegoat for the sharp drop in Jardine Matheson's stock on Friday also came from this.

The minority shareholders of Jardine Matheson also felt the pain of the skin, and they directly connected it in series, ready to face the senior management of Jardine Matheson Group tomorrow and asked to know the truth of the matter.

On the side of Henry, who had been prepared for a long time, on Friday, on the stock market, he successfully collected 2.2% of Wharf shares at a low price.

In the evening of the same day, it was also in contact with several minority shareholders of Wharf that they reached a 3.6% equity transfer of Wharf.

So far, Andrew's side has collected about 22% of Wharf's equity.

On Saturday, the stock market was suspended. The follow-up of the negative news of Jardine Matheson Group is intensifying in continuous fermentation. Feeling a lot of pressure, the senior management of the Jardine Matheson Group had to convene and urgently negotiate countermeasures to solve the urgent need.

But after some consultation, except for announcing the cessation of the voluntary reduction plan, the countermeasures that can be thought of are not very perfect. A multi-pronged approach, although it can temporarily suppress the negative news, but this does not solve the fundamental problem!

In fact, the reason for the negative news is very clear, that is, the reality of investing in futures gold and losing a lot of money. And the perfect solution is fundamentally, the investment in futures gold to turn losses into profits.

The main responsibility for the large loss in this investment in futures gold is caused by the senior management of Jardine Matheson. Who let them arbitrarily command by remote control! $350 million!

For this reason, they themselves were also heartbroken afterwards! After all, among the lost funds, they also had their own share of the old capital.

After the heartache, the senior management of Jardine Matheson Group also self-examined and fully realized that investing in futures gold, if there is no very professional investment vision, relying on the blind command of these laymen is undoubtedly a transportation team behavior of sending money.

If you want to turn the futures gold you invest in, you have to hand over the investment operation command in their hands. Professional investment matters can only be done well by professional investment personnel!

Although psychologically, it is a pity to lose the glory of power in your hands. However, the current command of this investment operation is quite a hot target! The pressure is very great, and it is still a good countermeasure to transfer the pressure if it is better to throw it out.

In this way, the command of the investment operation of Jardine Matheson Investment Futures Gold was transferred to Shen Bi's HSBC competitor Charlie.

And Charlie himself also made a comprehensive review and analysis of this investment failure. I also realized that for the new investment variety of futures gold, my own experience and cognition are still relatively lacking and insufficient.

Moreover, Charlie himself also realized that the failure of this investment in futures gold will most likely be a failure for him to compete for the position of HSBC's Taipan.

Since it is obvious that it cannot compete for HSBC's Taipan position, it will have to find another way. And the hat of the successful investment elite can no longer be lost, this will be his own capital that he must maintain at the moment.

Now, with full command of Jardine Futures Gold's investment operations, it is a good opportunity to prove its ability.

After some careful consideration, Charlie decided that the investment operation of futures gold in the short term should still use the investment situation found out and Andrew's side, and follow the trend, which is both effortless and energy-saving.

Judging from Andrew's futures sell orders, they are all sell orders in June and August. This also shows that Andrew has a bearish forecast for the general trend of futures gold in the first half of the year.

In the second half of the year, there are still a few months to go. And the sell order held by Andrew's side has already made a huge profit. But so far, there is still no action to close the position with profits, which can show that there is still a lot of room for the decline in the price of futures gold predicted by Andrew.

Charlie imagines that with the remaining $450 million of funds that he can now fully control, and 15 times the leveraged financing, he can leverage $6.5 billion. If there is $10 of downside, then there will be a profit of $500 million.

To achieve such investment results and successfully invest in the hat of elites, it is firmly worn. At that time, even if you leave HSBC, with the hat of successful investment elite, there will be many ways out.

In the afternoon, the resolution of the high-level consultation of the Jardine Matheson Group was mainly to deal with the small shareholders who were connected in series, appease them, and the big thing would be smaller. As for the majority of ordinary investors, they are all goods who have no right to speak, empty words, and they can get through the test by fooling around.

During the two-day suspension of the Hong Kong stock market, Jardine Matheson's countermeasures were publicized, although not very perfect. However, under the multi-pronged approach, it still succeeded in suppressing the impact of most of the negative news and temporarily passed the crisis of confidence.

Seeing that Jardine Matheson Group took some countermeasures and public relations, it did not pay much benefit, and the impact of most of the negative news was settled. As the initiator of spreading the bad news of Jardine Matheson Group, the intelligence team of Victory Securities was a little unwilling.

Suggest Henry, whether to dig deeper and spread it, and follow up on the negative news of Jardine Matheson. Henry did not accept the proposal of the subordinate intelligence team, but he still explained to the subordinate intelligence team the biggest intention of his side:

"Covertly collect as much Wharf equity as possible". All actions must ensure this principle of the greatest intention, and we must not be rash and try to make our own psychology quick for a while.

Moreover, the attention of Jardine Matheson Group should be very concerned about media reports now. Most of the negative news has been suppressed, and if we provoke any more media reports, it is likely that we will expose ourselves and attract the attention of Jardine Matheson.

If it is so exposed, it will not be able to achieve the principle of "concealed collection" of Wharf's equity at this stage.

Besides, don't look at the Jardine Matheson Group on the surface, it didn't pay much benefit, and it settled the impact of most of the negative news. However, the fundamental fact of loss has not been resolved, and the potential crisis still exists.

In fact, the minority shareholders of the Jardine Department have calmed down on the surface, but they must have left mustard seeds in their hearts. A crisis of confidence is not so easy to eliminate.