1388 [Hong Kong Government Rescue]
In the summer, I immediately drove to the Governor's Palace. Pen Fun Pavilion wWw. biquge。 info
The current Governor is Sir Wilson Wilson, who took over the post in April this year. At that time, he was also invited to the Hong Kong Governor's Mansion to watch the ceremony in the summer.
In the 60s, Sir Wilson served as secretary to the British chargé d'affaires in Shendu, and he had a good understanding of the Chinese mainland. In the late 70s, he was an adviser to the Governor Sir MacLehose and participated in the Sino-British negotiations on Hong Kong. Later, he was promoted to the chief representative of the British side of the Sino-British Joint Liaison Group, and successfully completed the signing of the Sino-British Joint Declaration.
Sir Wilson likes Chinese culture, speaks Chinese, is a China expert, and has a relatively amiable attitude towards the mainland, which is very different from his successor, the last Governor Pang Yankang.
After coming to the Governor's Mansion in the summer, he was led to the reception room.
I saw that Mr. Shen Bi, Sir Wilson William, Li Jiacheng, Bao Yugang, Guo Desheng, and Li Fuzhao were all present.
Seeing these people, Summer suddenly had a score in his heart.
Shen Bi's purpose in inviting himself to come should be to discuss the rescue of the city.
Summer greeted them one by one and sat down in their seats.
The atmosphere in the reception room was more solemn, and everyone's expressions were relatively heavy.
The stock market crash came so suddenly, and not everyone was prepared in advance to sell stocks and cash out, as they did in the summer.
Therefore, these people have lost a lot, as if Li Jiacheng has lost tens of billions. His Cheung Kong Industrial, Hutchison Whampoa, Hong Kong Electric, and Jiahong International have all plummeted by two to three percent in stock prices, which is a miserable loss.
Originally, Li Jiacheng escaped this stock market crash in his previous life, and he raised more than 10 billion Hong Kong dollars through rights issue before the stock market crash. Not only successfully avoided the stock market crash, but also made the company make a lot of money.
But in this life, because of the preemptive issuance of new shares in the summer, his rights issue fundraising plan was disrupted, so Li Jiacheng had no choice but to postpone.
Because the funds in the market are limited, there is also a limit to the purchasing power of shareholders. The issuance of new shares in the summer took eight billion Hong Kong dollars from the stock market. If he raises funds through a rights issue, it is very likely that he will not be able to complete it, and it will be a shame at that time, and it will damage the reputation he has accumulated with great difficulty.
Therefore, Li Jiacheng did not want to take risks, so he had to find another time to launch a rights issue fundraising plan. As a result, before he could choose a good time, the stock market crash came, and he lost a lot of money all of a sudden.
In addition to Li Jiacheng, Bao Yugang, Guo Desheng, Huo Yingdong, Zheng Yutong and others also suffered a lot of losses. More billions, less billions, the market value has all evaporated, which can be described as nerve-wracking.
……
"Mr. Xia, this time I really want to congratulate you, you escaped a catastrophe!" Li Jiacheng looked at Xia and said faintly.
Hearing him say this, everyone present looked at Summer.
Wenhe Group's sell-off of stocks before the stock market crash is basically known to everyone present. Originally, they thought that the summer was a bit silly, because the Hong Kong stock market was so prosperous, and they should continue to invest more, so how could they withdraw at this time.
As a result, now that the stock market crash has come, everyone has begun to envy the summer. He sold his shares at the high price of the stock and cashed out, getting billions of Hong Kong dollars in cash. If you take advantage of the stock market crash to buy low, and wait for the stock price to rebound again, it will be more than one or two tens of billions of Hong Kong dollars in profits. I really envy the dead!
"Thank you, Mr. Li, this time it's really a fluke!" Xia hurriedly smiled.
"Is it really just a fluke, Mr. Xia? don't you have any inside information, right?" asked Guo Desheng with squinted eyes.
Summer hurriedly waved his hand, "Mr. Guo said with a smile, I have no background, no connections, how can there be inside information about such a major event that affects the world." This time it was really a fluke. If it weren't for the acquisition of Columbia Pictures, I wouldn't have sold my shares to cash out. ”
Everyone present looked at each other, and they all felt that he had a point. This stock market crash is all over the world, it is a catastrophe, and it is not the rise and fall of the stocks of one or two companies, how can it be possible to receive inside information in advance in the summer.
Since it's not insider information, it can only be attributed to the investment vision and good luck of the summer. It is so coincidental to buy Columbia Pictures, and so coincidental to sell shares to cash out, which is really good and enviable.
Summer was relieved to see that they didn't ask them again about the reason why they had avoided the stock market crash. He must not tell everyone now that he sold his stocks in advance and cashed out because he knew that a stock market crash would happen.
In that case, he'd likely be caught for slicing. Summer will not be naïve enough to think that if he is the richest man in Hong Kong, he will be able to escape the catastrophe. No matter how much money you have, you can't compete with a country.
……
After a while, Zheng Yutong, Huo Yingdong, Kadoorie, Keswick, Shi Huaiya, Li Zhaoji and other Hong Kong tycoons with heads and faces all arrived.
"Okay, everyone, the purpose of bringing everyone here today is to hope that everyone can come together to save the market. Mr. Shen Bi said straight to the point, "The Hong Kong stock market is related to Hong Kong's economy, and if the stock market is sluggish, the economy will also be sluggish."
Everyone is a person who begs for a living in the hot land of Hong Kong, Hong Kong is prosperous, everyone is prosperous, Hong Kong is declining, everyone is declining. At this moment of crisis, I hope that everyone will not back down, stand up bravely, and contribute to the rescue of Hong Kong's stock market. ”
It was not surprising to hear him say this. Because they had guessed that they had been summoned to save the city before they came, and when they saw everyone present, they were more sure of their guess.
It's just guessed that everyone still has different views on the bailout. You must know that the Hong Kong stock market is now suspended and cannot be traded, and once the market resumes, who knows how the stock market will develop, whether it will rise or fall.
In case the shareholders are crazy to sell, not to mention their top 10 richest people, even if the top 100 richest people in Hong Kong are gathered to save the market, it is useless.
Because once the stock market crash breaks out, it will not be able to work in billions or tens of billions of Hong Kong dollars. When the frightened people sell frantically, even if they invest tens of billions of Hong Kong dollars to save the market, it will be a drop in the bucket.
Therefore, after listening to Shen Bi's words, everyone did not express their position, and waited for others to stand up first.
After being silent for a while, Li Jiacheng spoke first. He is an old friend of Shen Bi and the richest man in Hong Kong, so he should speak first.
"Mr. Shen Bi is very right, as a wealthy man in Hong Kong, in the face of this stock market crash, we really can't sit idly by, we must do our best to save the market!" Li Jiacheng said impassionedly, "But Mr. Shen Bi, we also have our own difficulties. You let us save the market, and I support it 100%, but it is difficult for a good woman to cook without rice.
To tell the truth, the liquidity of my four listed companies is less than 500 million Hong Kong dollars. For this stock market crash, it is simply a drop in the bucket. ”
"Yes, I also support Mr. Shen Bi's words, but our company's liquidity is not much, only less than 300 million Hong Kong dollars. Zheng Yutong also spoke.
Subsequently, other rich people also complained, saying that their liquidity was insufficient and could not help much.
Although all of you here have tens of billions of assets, then again, assets are not equal to funds. Generally speaking, their liquidity is only a few hundred million Hong Kong dollars at most, and it is impossible to accumulate too much cash.
Because the rate of return on cash deposited in banks is so low that sometimes it can't even keep up with inflation. Therefore, as long as they have money, they are generally used to investing, money makes money, and money rolls money. Therefore, asking them to pay to save the market now is simply embarrassing them.
Of course, Xia knows that their crying may not be without the idea of selling badly, and the real situation may not be so bad, but it is absolutely impossible to accumulate 50 billion Hong Kong dollars in cash like him.
"Okay, guys, I know you're in trouble, so I've figured it out for you. Sir Wilson waved his hand and said, "I have discussed with Mr. Shen Bi, and his HSBC bank will issue you a loan. The loan is not collateralized and is HK$5 billion each. ”
"Ah, that's fine. ”
"That's great, we're saved!"
"Five billion for one person, five billion Hong Kong dollars for ten people, should be able to save the market. ”
When all the rich people heard this, their faces were filled with happy smiles.
With these 5 billion Hong Kong dollars, then they can take advantage of this stock market crash to make a windfall. As long as it works well, even if it makes one or two billion Hong Kong dollars, it is just a piece of cake.
"However, how to use this money depends on Mr. Li Fuzhao's arrangement. Wilson said again.
Hearing him say this, everyone present couldn't help but turn dark.
If this money is arranged by Li Fuzhao, then their dream of making a fortune will be in vain. Because Li Fuzhao will never arrange for them to buy those stocks that are cheap and value-for-money, but will let them buy those stocks that have fallen the most fiercely and the worst, so as to save the market.
In short, the ten rich men were used as a front to calm the people's hearts.
When the time comes, if the bailout is successful, they may gain some good reputation, but don't expect to take the opportunity to make a fortune.
After thinking about it, these rich people don't look very good. They actually prefer profit to an ethereal reputation. Because reputation is easy to earn, money is hard to earn.
After making a fortune, donate money casually, and then hype it up, and your reputation will not be much worse. But a money-making opportunity like a stock market crash is rare.
However, unlike these rich people, Summer is very supportive of this plan.
This time, the Hong Kong government used their ten billionaires to build momentum and give shareholders a signal to actively rescue the market, so as to calm the people's hearts.
This is very good for boosting the prestige of the summer. And he can also take the opportunity to buy in the name of helping the Hong Kong government save the city, and no one will want to say anything at that time. The companies he bought have to admit that they are unlucky, after all, he has saved the market, but the Hong Kong government has arranged it!