This time, the speed of the British-funded consortium was quite fast, and the day after Niu Bijian and others finished discussing, they contacted Shen Bi and Powell Wilson to discuss the long-term Hong Kong stock market.

Shen Bi and Powell Wilson have long known that everyone in the Xiangjiang Exchange is shorting the Xiangjiang stock market, and they are basically shorting these listed companies, and the executives of the two banks are very optimistic about the recent development of Xiangjiang.

After Nick Brown recounted their proposal, Shen Bi and Powell Wilson agreed with Billy Eagle, saying that HSBC and Standard Chartered Investment would follow suit, and this time let the Lee Group make a big deal on it

This time, these funds are quite abundant, in addition to Jardine Matheson and Swire are 2 billion Hong Kong dollars, Wheelock raised 1.5 billion Hong Kong dollars this time, HSBC and Standard Chartered Investment Department are preparing 1 billion Hong Kong dollars to enter, most of which are customer funds, and their own bank funds are not too much.

On Monday, June 8th, the first day of the week opened, and the futures market was bustling with activity.

Due to the fact that the Li Group made a large number of short orders here last week, it still had a little impact on the stock market in Xiangjiang, and the rapid rise of the entire stock market was suppressed.

As the third largest financial center today, Xiangjiang has too many financial institutions here, especially large financial investment institutions in many Asian countries have set up branches here.

Li Guangyu, Yuan Tianfan, and others all underestimated the Xiangjiang financial market, and when Li Guangyu was bearish on the Xiangjiang stock market, countless financial investment companies and bank investment departments were quite optimistic about the Xiangjiang stock market in the short term.

Even though the Li Group smashed a huge amount of short orders from several listed companies under the foreign bank, it was still taken over by many investment companies, and the Li Group completed a list of nearly 5 billion Hong Kong dollars in one week last week.

On the morning of the 8th, as soon as the trading market opened, Li Guangyu came to the Tianyu Investment and Securities Department, waiting for today's new situation to change.

Sun Jianping reported to Li Guangyu: "Li Sheng, due to our large number of short selling last week, it is not easy to do about the listed companies under several major foreign banks. ”

Li Guangyu asked, "Oh, what is the reason for this?"

Sun Jianping replied: "Li Sheng, we shorted the shares of these listed companies, all borrowed from major securities firms, and now we can borrow fewer and fewer shares, and the market value of the shares of listed companies under Jardine Matheson, Wheelock and Swire Group has fallen slightly last week due to our shorting, I don't know if there are any investment companies to take orders this week." ”

Nowadays, the Xiangjiang stock market is not as easy to operate as in later generations, and in this era, the Xiangjiang side is not able to short these companies in futures. Li Guangyu and his family can only choose to short the stock market directly, and the way is to borrow shares from securities dealers, return them at a low price in October, and then sell the borrowed shares at the current price.

Securities dealers and exchanges are acting as intermediaries, before the end of trading hours, these shares and funds are locked, if any party is insufficient margin, it is necessary to make up the funds, otherwise the exchange will be forced to liquidate.

Last week, the huge amount of money of the Li Group entered, and the shares in the hands of the securities dealers have been almost swept away, which is estimated to be not easy to do.

When Li Guangyu was still thinking about how to arrange next, an employee came over and reported: "Li Sheng, Yuan Sheng, Guo Sheng, there are suddenly many orders from several major British-funded consortium listed companies in the market, should we eat them all." ”

Li Guangyu asked: "Did the people on the exchange report that these lists were released by those institutions?"

The employee replied: "Mr. Li, this is mainly from the investment department of HSBC and Standard Chartered, and the amount is quite amazing, and now the stock market for these groups has begun to rise. ”

Li Guangyu was very happy to hear this, he knew that this was a British-funded consortium, otherwise where could there be so many stocks out, it must be several major groups that took out the stocks and wanted to make a big deal with themselves in the stock market.

Li Guangyu asked: "What about the duration of their contract, and do they have any regulations?"

Li Guangyu is worried that if this term contract is only one month, then he will not lose money when he goes to take orders, and he will only send money to the British-funded consortium in such a short time.

"Li Sheng, I don't know if they came for us intentionally, and their contract delivery time is also at the end of October. The staff replied.

After thinking about it for a while, Li Guangyu said to him: "You immediately notify the personnel in our exchange and give me all their orders, and we will eat as much as we want, until we run out of funds." ”

Li Guangyu didn't expect that these British-funded consortia were really bold enough to dare to lend the shares in their hands, but he didn't know how much money these British-funded consortia had contributed to it.

If it's just Standard Chartered and HSBC, it doesn't matter, if you lose money, if these companies enter the market with a huge amount of money, when the stock market plummets, see if they tearfully make up their positions, or are they ready to take a controlling stake in the company.

What Tianyu Investment has to do now is to borrow these shares from HSBC and Standard Chartered, transfer them to HSBC and Standard Chartered Securities at the current price, and return them to Standard Chartered and HSBC at the end of October.

The stock is still this stock, but after going through these procedures, until the end of October, you will see the situation of the stock market, Li Guangyu is not worried anyway, the Hang Seng Index on the stock market is now more than 1,700 points, and by the end of October, there are only more than 800 points left, and none of the listed companies on the market has not been able to avoid this disaster, even Li Guangyu's own group.

In particular, many of the listed companies under these British-funded consortiums are constituent stocks of the Hang Seng Index, and the Hang Seng Index has fallen so badly because of these listed companies.

What Li Guangyu hopes most is that Jardine Matheson Group and Swire Group can invest more money in this time, and they must only lend the shares to HSBC and Standard Chartered Securities Investment Department, and they will have to pay separately to buy Li Guangyu's current list, unless they don't want the company's shares.

Li Guangyu hopes to take advantage of this big profit, once these groups are short of funds, they will snatch back the last electric light group, Swire Group has the only airline in Hong Kong at present, Li Guangyu hopes to be able to eat Cathay Pacific, such a company is better controlled by the Chinese.

On the investment side of HSBC, Niu Bijian and several people are also here to wait for the market's reaction, this time they will only trade with the personnel of the Lee Group, this time they need to lend their shares and buy them back immediately, rather than let the shares outflow.

Niu Bijian said: "Mr. Shen Bi, how many orders do you estimate that the Li Group will take from us this time?"

Shen Bi said: "It depends on how much leverage the Li Group uses, last week's transactions, it is said that they used five times, in this way, I estimate that the Li Group can also make at least 50 billion orders." ”

Several people present also lamented the abundance of cash of the Li Group, and their groups also scraped together to have this cash, which together did not add up to the Li Group.

Shen Bi and others chatted about this action while waiting for the market's reaction, they tried their best to make the Li Group lose a lot of money this time.

One of the important ones is that HSBC and Standard Chartered Bank should ensure that the shares of their own group will not flow out, and the reason why this thing is taken out is just to reach a deal with the Li Group, and the transaction cannot be established without this thing.

Only with it can the Lee Group lend money and sell it to them, HSBC and Standard Chartered Bank and the exchange are the custodians, and finally the shares will be returned to them.

As for the orders they have eaten now, after the contract ends, it will also be purchased by the Li Group, and then returned to HSBC and Standard Chartered, and the two banks will return the shares to their respective groups.

This is the reason why futures trading is not possible, and there are no later bull and bear contracts, the operation is quite troublesome, fortunately, HSBC and Standard Chartered Bank are strong enough, whether it is a British consortium or the Lee consortium is not worried about this, HSBC and Standard Chartered Bank have the ability to guarantee this, and their returns can be guaranteed.

PS: There are all the mistakes in the futures trading before, and the shares of listed companies cannot be traded during that period, and I have made corrections, please understand.