The investment of Singapore's sovereign wealth fund was revealed by the Singapore media: Singapore's worst investment ever!

At this moment, in a building in Singapore City, Lin Zhaojie, CEO of Singapore's sovereign wealth fund, had a green face and slapped his desk angrily! His heart seemed to be dripping blood! Unexpectedly, he had just bought those toxic bubble assets from the Xiangjiang Consortium, and this Li Zeju really did not have a good heart! The 200 billion Hong Kong dollars of assets were sold to their Singapore sovereign fund at a discount of 20 percent, and he thought that he had taken advantage of the Xiangjiang consortium, but he did not expect that in the blink of an eye, the Xiangjiang real estate plummeted, causing them to lose 80 billion Hong Kong dollars in this investment!

"Li Zeju, you bastard! I suspected that you didn't have a good heart!" Lin Zhaojie clenched his fists and said: "It's all my fault that I'm too greedy, and I misjudged the Xiangjiang property market! I fell for the trick of Li Zeju's villain! Damn!!"

This time, he was really miserable by Li Zeju! Not long after this investment, he lost 80 billion Hong Kong dollars! In his heart, he longed to cut Li Zeju, a sinister villain, with a thousand knives!

This time the Xiangjiang property market plummeted, the Xiangjiang consortium sold most of the real estate assets early, and found a lot of receivers to take over the toxic bubble assets in the hands of the Xiangjiang consortium, their Singapore sovereign fund is the biggest receiver, the only thing that makes Lin Zhaojie have some comfort is that the Xiangjiang property market plummeted this time, and the assets of the Xiangjiang consortium have shrunk by 60 billion Hong Kong dollars!

Thinking of this, Lin Zhaojie pressed his finger to his temple, and now he has been violently criticized by the board of directors within Singapore's sovereign wealth fund! At the same time, he has been scolded in Singapore to the point where everyone is witnessed.

"Idiot!"

"Idiot!"

"Fool!

"Spending 160 billion Hong Kong dollars to buy so many junk assets from the Xiangjiang consortium is really a pig-like pick-up man!"

"Singapore's most failed investment ever!"

··· At this time, Lin Zhaojie's phone rang again, and when he picked it up, he saw that it was Banan, the chief executive of Temasek Holdings, who called him alone, and Lin Zhaojie directly threw the phone aside and did not answer it!

After thinking about it, Lin Zhaojie was still ready to answer the phone, compared to Temasek Holdings, the current situation is very urgent, and Banandan did have a good understanding of him, just picked up the phone, ready to connect.

But at this time, the secretary walked in and said, "Mr. Lin, the board of directors is looking for you!"

Lin Zhaojie got up, "Okay, I know, the cash will pass!", Lin Zhaojie immediately threw his phone aside again, and then left the office!

He sighed inwardly, it seemed that he was about to be violently criticized again!

···

At this moment, Temasek Holding Company headquarters, the black old man, Banan put down the phone with a dejected face, and now he has completely exhausted his skills, at present, their Temasek Holding Company now holds a long position of 2.5 million hands of the Hang Seng Index, with an average opening point at 23400, and now the Hang Seng Index has fallen to 22700, and they have a loss of 700 points on their books, totaling 87.5 billion Hong Kong dollars (11.3 billion US dollars)!

Temasek Holding now has $40 billion in assets, but they were already in a hurry when Temasek Holding pledged all the shares it could pledge, totaling $20 billion! Loans of $10 billion, and the remaining $20 billion in assets are not available!

A few days ago, when the Hang Seng Index was at 22,950, their Temasek Holdings account had already lost 450 points, totaling HK$56.2 billion (US$7.3 billion)! At that time, there were less than HK$10 billion of available funds in their account, and their account would be liquidated if it fell by another 80 points.

So they sold 5% of their shares in CCB and 5% of CBB to Standard Chartered Bank for $2 billion, and borrowed $1 billion from Singapore's sovereign wealth fund, scraping together $3 billion, and then replenishing all of them into their accounts, with a whopping HK$32 billion (more than US$4.1 billion) available.

But with the Hang Seng Index plummeting by 400 points today, the available funds in their accounts have reached the limit again, fortunately, Banan Shan borrowed more than 4 billion Hong Kong dollars from other places in time at noon today, otherwise they may have blown up today.

Now the available funds in their account are 5 billion Hong Kong dollars, which means that if the Hang Seng Index falls by another 40 points, their account will be liquidated!

Banan made many phone calls, begging his grandfather to tell his grandmother, but it was useless, he could no longer borrow money! Everyone was even more afraid of him!

So I called Lim Siu Kit again, hoping that Singapore's sovereign wealth fund would borrow some more money to help Temasek Holdings tide over this crisis! Let Banandan feel desperate!

He sighed, seemed to have made a decision in his heart, and said to the nervous assistant on the side: "Make a call to Zhang Xiaolei from Standard Chartered Bank, and I will talk to her personally!"

Earlier, Zhang Xiaolei of Standard Chartered Bank called him and told him that their Temasek Holding Company could use their 25% stake in Standard Chartered Bank to pledge their shares! Standard Chartered Bank lent $7.5 billion to Temasek Holding Company! At that time, Banan Shan directly rejected Zhang Xiaolei's suggestion.

Naturally, he knew the prodigal ambitions of the forces behind Zhang Xiaolei, who wanted 25% of the shares of Standard Chartered Bank in the hands of Temasek Holdings!

"It's the president!"

After a while, the phone was quickly connected, and Zhang Xiaolei was having dinner with Lin Qingde, CEO of Standard Chartered Bank ASEAN Region, at the Standard Chartered Restaurant, surrounded by some heads of the Standard Chartered Bank department.

"President, your phone!" A female secretary handed the phone to Zhang Xiaolei, Zhang Xiaolei glanced at the phone, and said lightly: "Let's put it there first, or you tell him that I am not free now!"

"Mr. Zhang, I didn't expect Temasek Holdings to call so soon, haha!" Lin Qingde said with a smile, slowly eating the steak.

"Mr. Lin, that old guy must be in a hurry, I'll cool him down! Let him flatly refuse me just now!" Zhang Xiaolei said while eating steak by herself: "Let that old guy try his desperate look! Except that we can lend him $7.5 billion, no other bank is willing to lend him that much money!"

"Also, no matter where they go to pledge 25% of Standard Chartered Bank, they won't get a $7.5 billion loan!" "Why did the chairman give Temasek Holdings a $7.5 billion loan when he knew that Temasek Holdings was already in danger?"