Chapter 1034 Eight major consortia of 21 billion Hong Kong dollars enter the market to save the market (12,000 per day, ask for subscription)

The Hong Kong government invited Rong Le to discuss the matter of the Heung Kong Futures Guarantee Company.

The collapse of the Hong Kong stock market has made it impossible for many futures brokers to meet their responsibilities and threaten the ability of the Hong Kong Futures Guarantee Company (the company that provides guarantees for the settlement of the Hong Kong Futures Exchange) to take responsibility.

At this time, the capital of Heung Kong Futures Guarantee Company was only 15 million Hong Kong dollars, but it had to bear a market risk of 1 billion.

Heung Kong Futures Guaranty is chaired by HSBC and its shareholders include London Commodity Clearing (ICCH) (20%), HSBC (20%), Standard Chartered Bank (15%), Chase Bank (15%), Berkeley (10%), Crédit Lyonnais (10%) and Wing On Bank (10%).

At this time, after Rongle's crazy acquisition, Yongan Bank is already a wholly-owned subsidiary of Kyushu Bank Group, and Kyushu Bank Group is still the largest shareholder of Standard Chartered Bank, so Rongle naturally has to attend this meeting.

At the meeting, Pu Weishi, who succeeded Shen Bi as the head of HSBC, proposed to inject capital, but was opposed by the remaining shareholders, and at the same time, the shareholders rejected HSBC's proposal to buy the company for HK$1, and the market is facing a bankruptcy crisis.

Seeing that no results were discussed at the meeting, the Hong Kong government finally met with the heads of various banks, and the new financial secretary of Hong Kong, Zhai Kecheng, made a separate appointment with Rong Le, hoping to get Rong Le's support.

The following day, the Hong Kong government and the senior management of the futures market held another meeting to discuss countermeasures to resolve the crisis, and the meeting finally agreed that the Hong Kong Government Exchange Fund and a number of financial institutions would jointly contribute 2 billion yuan to save the Hong Kong Futures Guarantee Company.

It is not that the current decision has not been proved to have helped Hong Kong's stock market in any way.

The next day after the discussion results, that is, October 26 (Monday), the Hong Kong stock market reopened at 11 o'clock, the selling order once again emerged in a flood of water, the seller adjusted the price to sell, 15 minutes later the Hang Seng Index has fallen more than 650 points, the afternoon market conditions turned bad, the market investment sentiment was pessimistic to the extreme, and the market entered the market, as a result, the market fell by 1120.7 points and closed at 2241.69 points, a decline of 33.33% , setting a record for the world's largest one-day decline, while the price of the Hang Seng Index futures contract plummeted by 44%.

In order to save investor confidence, the Hong Kong government immediately announced a series of rescue measures, including the Takeovers and Mergers Panel temporarily waived the 35% general takeover trigger point and the 5% annual share purchase limit, the Association of Banks lowered the deposit interest rate twice in October, and the savings deposit rate was 1.75% from October 28, in addition, the Exchange Fund, the Jockey Club, HSBC and other banks have entered the market to buy stocks.

In the evening of the same day, in the face of strong pressure from public opinion, the Stock Exchange held a press conference, at which a reporter from Australia's "Sydney Forum Times" directly asked whether the decision of the chairman of the Stock Exchange, Li Fuzhao, to suspend the market for four days was related to personal interests.

Li Fuzhao was furious at the meeting, and he pointed out that he angrily denounced the reporter in English, and Li Fuzhao's impulse at the meeting was undoubtedly contempt for the entire media; the next day, Hong Kong and overseas newspapers took this as important news, and photos of Li Fuzhao angrily scolding reporters could be seen everywhere, and a Western reporter even called Li Fuzhao an 'uneducated redneck'.

At this time, it was only a year before Li Fuzhao reached the peak of his life, and he was perfectly dumped by the Hong Kong government.

However, the biggest news in Xiangjiang today is still not the news of Li Fuzhao angrily scolding the ghost reporter, but the press conference held by Rong Le this morning.

This is the second time that Rongle has appeared at a press conference in person for a long time, and at such a critical moment, everyone knows that Rongle is going to respond to the stock market crash in Xiangjiang.

Early in the morning, all the newspapers and media in Xiangjiang came to the Oriental Pearl invested by Rong's, and everyone wanted to see how Rongle, as the richest man in Xiangjiang, was ready to help the current Xiangjiang shareholders through this difficult period.

Many years later, an old man in Xiangjiang once said that he had experienced two of the most sensational press conferences in Xiangjiang, both of which were held by Rong Le, the world's richest man who had retired and traveled around the world, and it was precisely with these two press conferences that Xiangjiang's stock market was alleviated to the greatest extent in the two tribulations.

When many reporters came to the scene, they were first shocked by the long string of name tags on the rostrum.

Rong's Investment, Cheung Kong Holdings, Henderson Land, New World Land, Sun Hung Kai Development, Chinese Estates, Wharf, TVB.

The famous brands of the eight most well-known Chinese-funded consortia in Xiangjiang were all there, and at this time, some reporters couldn't help but tremble, knowing that something big must be happening.

Sure enough, then they saw Rong Le, Li Chaoren, Li Zhaoji, Zheng Yutong, Guo Desheng, Liu Luanxiong, Charter King, and Sir Shao, the eight presidents of the group, sitting in their positions in turn.

There was not too much humility on the part of the crowd, and there was not too much nonsense at the press conference, just a simple opening remark, and Sir Shao took the lead in speaking!

"Our TVB will take out 500 million Hong Kong dollars to enter the market to rescue the market and acquire the company's shares!"

Sir Shao is the oldest of the eight people on the scene, and his reputation in Xiangjiang is also very high, at this time, as soon as Sir Shao's words came out, many reporters knew that their guess was really accurate, Rong Le This is the United Seven Richest of Xiangjiang in the market to save the market!

Sir Shao was followed by Liu Luanxiong.

Liu Luanxiong looked at everyone and smiled slightly, and said, "Don't worry, I came here with goodwill this time!"

Liu Luanxiong's words caused a smile from the reporters present, Liu Luanxiong's identity in the stock market is naturally known to everyone, known as the disaster star of the stock market, and now appearing on such an occasion is indeed a bit of a disobedience.

"As the largest shareholder of Chinese Estates, after discussing with Rong's Trust, the second largest shareholder of Chinese Estates, we jointly decided that Chinese Estates will spend 500 million Hong Kong dollars to enter the market to rescue the market and acquire the shares of Chinese Estates in the market!"

Liu Luanxiong's words made everyone a little confused, Rong's Trust? Isn't this the trust fund established by Rongle? It's just that when did Rong's Trust become a shareholder of Chinese Real Estate, and it is still the second largest shareholder of Chinese Real Estate?

But today is a moment when Rongle shocked everyone.

Li Zhaoji also smiled: "After discussing with Rong's Trust, the second largest shareholder of Henderson Land, our Li family decided to take out 1 billion Hong Kong dollars to enter the market to rescue the market and acquire the shares of Henderson Land on the market. ”

Then Zheng Yutong, Guo Desheng, Li Chaoren, and the charter boat king sent out the same life, all of which took out 1 billion Hong Kong dollars to save the market, and at the same time conveyed a message to all reporters that the second largest shareholder of their group is Rong's Trust!

After the last speech of the charter king, everyone's eyes were focused on Rong Le, and everyone wanted to see what kind of countermeasures Rong Investment would come up with?

Rong Le smiled faintly and said, "The company is a bit much, and the money taken out is also a bit much, everyone listen slowly!"

Everyone was speechless, not knowing how to look like Rongle's attitude at this time, and the invisible pretending was the most annoying.

"First of all, Dynasty Real Estate will come up with 1 billion Hong Kong dollars to enter the market to save the market, to acquire the shares of Dynasty Real Estate on the market, Dynasty Hotel will also take out 1 billion Hong Kong dollars to enter the market to save the market, to buy the shares of the Dynasty Hotel on the market, Kyushu Bank Group will come out with 5 billion Hong Kong dollars, to enter the market to save the market, to find a suitable company on the Xiangjiang stock market to participate in the shares, Rong's investment will also take out 5 billion Hong Kong dollars, to enter the market to save the market, to find a suitable company on the Xiangjiang stock market to participate in the shares, and if necessary, Rong's Investment will make additional investment!”

"At the same time, I also agreed with my predecessors to jointly raise 3 billion Hong Kong dollars to buy the Hang Seng Index Futures Index, hoping to help the stock market of Hong Kong!

Rong Le's words were very simple, but it made all the reporters present fall into a frenzy, the entire imperial system actually took out 12 billion Hong Kong dollars to enter the market to save the market, and at the same time, plus the major real estate companies in which Rong Le became a shareholder, as well as the capital contribution negotiated between Kyushu Bank Group and the Hong Kong government, Rong Le took out at least 15 billion Hong Kong dollars to enter the market to save the market this time.

Rong Le showed his courage to the citizens of Xiangjiang, and also injected a boost into the quagmire of the Xiangjiang stock market, the eight major Chinese billionaires took out a total of 21 billion Hong Kong dollars to enter the market to save the market, as soon as the news came out, the stock market in Xiangjiang immediately rose to a small extent.

In fact, what concerns the people of Xiangjiang the most is the 10 billion Hong Kong dollars jointly taken out by Kyushu Bank Group and Rong's Investment, what company's shares will be bought, so when there is a small increase in the stock price of a company's stock on the stock market, it is immediately identified as Rongle's move.

Inside the banquet hall of the Dynasty Hotel!

Rongle and the rest of the rich, have raised a glass to celebrate, this time we grasp the timing of the market is very good, the stock market of Xiangjiang has passed the most panicked period, and at this time to enter the market can not only stabilize the confidence of Xiangjiang shareholders, but also at the minimum price, the acquisition of their own company's equity, which is the best of both worlds for everyone.

In the past, everyone had to worry about buying their own company's shares, touching the 35% threshold, but now that the Heung Kong Takeovers and Mergers Committee has temporarily waived this regulation, everyone naturally hopes to take this opportunity to get more shares in the company.

In fact, even if there is no Rongle, in another time and space, these companies have made the same decision at about this time period, but now with Rongle, everyone's behavior has become a consistent behavior, which has also allowed the Xiangjiang stock market to get more capital injection, which can improve more quickly than another time and space.

In the banquet hall, Rong Le is undoubtedly the center of the entire venue, and everyone knows that after this press conference, Rong Le will never have a second person in Xiangjiang whose reputation can be comparable to him.

Everyone said before that Rongle was the first person in Xiangjiang, which was in terms of personal influence, but above Rongle, after all, there are three major forces of the Jockey Club, HSBC, and the Hong Kong government, but I believe that after today, Rongle can already be compared with these three forces, or even more than some of them!

Originally, everyone was hello, I was good, everyone was good, when a handsome old man suddenly broke into the venue, and after everyone saw the handsome old man, they also smiled and left Rongle's side.

And when Rong Le saw the person coming, he showed a helpless expression, what should come is coming after all!

Haojiang gambling king, He Hongshen!

"Uncle He, I haven't seen you for a long time!" Rong Le smiled, and his name for He Hongshen has also changed, there is no way, who let himself sleep with other people's daughters.

Everyone in the venue had already heard the news that Rong Le had abducted He Gambling King's daughter, and at this time, seeing He Gambling King's angry appearance, they naturally knew that He Hongshen had come to settle accounts with Rong Le.

Everyone gathered around, with a ridiculous look on their faces, looking at Rong Le and He Hongshen.

And Rong Le was also very speechless when he saw everyone's behavior, you are all the top richest people in Xiangjiang, is this behavior a little inconsistent with your identity at this time?

He Hongshen laughed angrily twice and said, "Rongsheng's Uncle He, I don't dare to take it!"

Rong Le: "Dare to be, dare to be, naturally dare to be, after all, we are not outsiders!"

"Poof!" Zheng Yutong couldn't help laughing first, and the rest of the people were also blushing, obviously Rong Le's current form was not something that could be seen at any time.

He Hongshen glared at Zheng Yutong, then continued to look at Rong Le and asked, "Where is my daughter?"

Rong Le: "In Australia!"

"Australia, what did you let my daughter do in Australia? Let me tell you, don't think that you are the first person in Xiangjiang, this matter can pass like this!" He Hongshen said with a red face.

"Well, I have established a new consortium in Australia with Kirk Corian of MGM Las Vegas, where are we going to invest in a new casino, and Chaoqiong is now the CEO of that new consortium!"

"What are you talking about?" Zheng Yutong was not in the mood to watch the show at this time, Zheng Yutong has always had a soft spot for the casino business, and wanted to invest in Haojiang Entertainment and Tourism Company, but was preempted by Rongle, and this year he formed a new consortium with He Hongshen to bid for a new casino in Australia, and failed again, but Zheng Yutong was never ready to give up entering the casino.

Now how can I not be surprised to hear that Rongle has officially entered the Australian gambling industry with Kirk Corian of the MGM casino in Las Vegas.

"Ah Le, you mean that your new consortium has obtained the consent of the Australian government?"

"Not yet, but Kirk Corian has agreed that he will lobby the Australian government, and I believe that there should be no problem with his influence!" replied Rongle.

"Ah Le, you and I have been old friends for many years, you must bring you Zheng Bo and me this time!" Zheng Yutong said immediately.

Rong Le directly looked at He Hongshen, who was still angry next to him, the meaning is very clear, it's okay to take you to play, but you have to help me settle He Hongshen.

Zheng Yutong didn't understand what Rong Le meant, and immediately said to He Hongshen: "This is your mistake, you look at the talented and beautiful people Chaoqiong and Rong Lelang, what a suitable pair, now that the two of them are working together to do business, what are you unhappy about, besides, anyway, your children are so ......"

"Uncle Zheng!" Rong Le hurriedly interrupted Zheng Yutong's words, he asked Zheng Yutong to be a peacemaker, not to arch the fire!