1381 [Mortgage]

In addition to preparing for the crew, Liang Botao and Michelle were instructed to sell stocks in the summer, which has also begun to bear fruit. Pen ~ fun ~ pavilion www.biquge.info

Wenhe Group sold stocks, because in a short period of time, it was difficult to hide the large-scale selling, so it was quickly detected by the market. And it caused a certain amount of panic, so that many investors did not know why it did it.

Summer explained that he was going to buy Columbia Pictures and needed a lot of money, so he had to sell a large amount of shares to cash out.

The market generally agrees on this reason. Because everyone in Hong Kong knows that Summer is going to buy Columbia Pictures recently. And this acquisition does require a lot of money, so it is not surprising that he sold his shares to cash out.

After the big sell-off in the summer, the share price of Wenhe Group fell slightly, from 29 yuan to 25 yuan, which is not a big amount.

The reason why this is so is because the Hong Kong stock market is really hot now, except for the summer bearish, the vast majority of shareholders are bullish, so everyone's investment confidence is high, as long as it is a stock, there are people willing to buy.

What's more, Wenhe Group's business performance in the past two years has been good, and a few days ago, its Tianfu Garment also acquired Dupeng, which made shareholders full of confidence in it. Therefore, although a large amount of shares were sold, they were quickly digested by the market and did not cause sharp fluctuations in the stock price.

In addition to the shares of Wenhe Group, there are also other blue-chip stocks and high-performance stocks acquired by Liang Botao's investment department, which has increased the liquidity of nearly 7 billion Hong Kong dollars for the summer, and also brought his liquidity to 27.7 billion Hong Kong dollars.

……

IN THE UNITED STATES, MICHELLE ALSO SEIZED THE TIME TO SELL THE STOCKS OF MICROSOFT, ORACLE, ADOBE, INTEL, HP AND OTHER COMPANIES. Because of the large-scale sell-off in a short period of time, the stock prices of these companies fluctuated sharply, and even caused a small panic in the market for a time.

It is worth mentioning that in the United States, the person in charge of the company, the director, and the major shareholder who owns more than 10% of the shares must have a lock-up period of at least one year if he wants to sell restricted shares. After the lock-up period, if you want to sell, you must make an announcement in advance, and you must limit the amount when selling, otherwise you will violate the law and be severely punished.

However, the restricted stock mentioned here refers to a certain number of shares of the company granted by the listed company to the incentive object in accordance with pre-determined conditions, and the incentive object can only sell the restricted stock and benefit from it if the working years or performance targets meet the conditions stipulated in the equity incentive plan.

Generally speaking, those stocks with equity incentives and private placements belong to the stocks issued in the primary market. The stocks held in the summer are bought little by little from the secondary market (stock exchange), so they are not subject to this law.

The sell-off added another $600 million in cash to the summer. The reason for this is that the shares have already been pledged once before the summer, and the loan has been processed. So this time the loan is repaid, the shares are redeemed, and then the sell-off is carried out.

The return of funds from the United States also made the amount of cash in the summer exceed 30 billion Hong Kong dollars. The total market capitalization of the Hong Kong stock market is only 400 billion Hong Kong dollars, which means that almost 10% of Hong Kong's listed companies can be swallowed in the summer.

However, he was not satisfied, because Summer knew that this was a rare opportunity to make a fortune. If we can't catch it this time, then the next stock market crash will be in '97, and we will have to wait another 10 years. So this is really a once-in-a-decade opportunity to make a fortune, and people have several decades in this life, and they will definitely regret it if they miss it.

So in the summer decided to play another big one.

……

"What, you want to take out a mortgage loan for 30% of Wenhe Group's shares, Asia Television, Tianxia Pictures, Tianxia Comics, Tianxia Cinemas, etc.?!" Xie Rikui, the Hong Kong general manager of the Bank of China in Hong Kong, widened his eyes and looked at Xia in surprise, "Mr. Xia, you're not joking, are you?"

"Of course not, I'm serious. Summer smiled slightly, "What, can't you swallow it here?"

"Not really. Xie Rikui shook his head and said.

Although the Bank of China's capital reserves are not as good as those of established banks such as HSBC, Standard Chartered and Citigroup, it can still get tens of billions of Hong Kong dollars. It's just that Summer's hand is so big that he can't react for a while.

"But Mr. Xia, why did you borrow so much?" Xie Rihua asked suspiciously.

In the summer, he pledged almost all of his important assets, and in one word, it was "madness". He's doing such a big deal, I really don't know what he's going to do.

"Truth be told, I have some investments in the U.S. that are in dire need of money. Otherwise, I wouldn't have mortgaged all of this. Summer explained vaguely.

Of course, he couldn't wipe away the doubts in Xie Rikui's heart, "Mr. Xia, what kind of investment requires such a large amount of money?"

In the summer, these assets are all mortgaged, and at least 20 billion Hong Kong dollars can be loaned. So much money, plus the stocks he sold before, add up to nearly 30 billion Hong Kong dollars. What kind of investment will require so much money! To be honest, Xie Rihua has some doubts in his heart.

"Mr. Xie, this is my trade secret, don't ask about it anymore. Summer waved his hand and said, "I'll just ask one thing, do you accept this loan? If you can't, then I can change to a second one." ”

"This ...... Well, we accept your loan. Xie Rihua hesitated and nodded.

A loan of more than 20 billion Hong Kong dollars, with interest alone, costs 3 million Hong Kong dollars a day. Truth be told, for BOC, this is an inducement that is hard to refuse.

And the relationship between Summer and the mainland is very good, and he is also very famous in Hong Kong, and is known as the "Fortune Boy". It's really hard to turn away high-quality customers like this.

"Alright then, I hope you guys get as soon as possible, I don't want to delay it too long. Summer reminded again.

I don't know when the Hong Kong stock market crash will come, and according to summer estimates, it shouldn't be long. If the loan has not been completed before the stock market crash, then there is basically no need to handle it.

"Okay, I'll get someone to speed up the review. Xie Rikui nodded, "By the way, Mr. Xia, I ask curiously, I heard that you have a close relationship with Mr. Shen Bi of HSBC, why don't you go to him for a loan this time?"

Summer smiled slightly. His cash is now deposited in HSBC, amounting to more than 30 billion Hong Kong dollars. That's enough money for him to buy Colombia. If you apply for a mortgage again, Shen Bi will inevitably be suspicious. When the stock market crash broke out, he would immediately wake up to the fact that it was the summer that predicted the stock market crash in advance, so he would raise money in a big way. When the time comes, he will find out the details of summer.

So he could only avoid Shen Bi, and he didn't even dare to look for Citi and Standard Chartered. Because British-funded and American-funded banks are in the same breath and often exchange news. There is no difference between looking for them and looking for Shen Bi.

Chinese banks have always been an outlier in Hong Kong's financial circles, incompatible with other banks, and not closely connected, so he will seek out Chinese banks to apply for loans.

In addition, the Chinese-funded bank is under the leadership of the mainland government, and its relationship with the mainland is relatively close, so it is conducive to secrecy.

"Because I have feelings for the mainland, I like to invest in the mainland, and I also like to cooperate with the mainland. This time, I don't want to cheapen those Brits, I want to give this gift to the mainland. Xia smiled slightly, "What, isn't Mr. Xie welcome?"

"No, welcome, welcome!" Xie Rihua said with a smile when he heard him say this.