438. I can beat it into a dog in minutes!
"Yes, Chairman, I'm going to speed up the cut with Temasek Holdings," John affirmed, fearing that Standard Chartered Bank would lose $100 billion in assets and face a shortage of funds.
"By the way, John, when the stock price of Standard Chartered Bank plummets again, there is no problem, you can cut off any business between Standard Chartered Bank and Temasek Holdings as soon as possible!
The recent drastic reform and internal purge of Standard Chartered Bank have made the stock price of Standard Chartered Bank rise a lot, and its market value has reached $37 billion. But Chen Hui doesn't want its share price to recover so quickly, and when the time comes, Temasek Holdings can sell Standard Chartered shares at a high level, which is not impossible, and it must be sold at a low price when selling Standard Chartered Bank shares.
"Then we issue a lot of new shares and raise $30 billion, and I'll see what Temasek Holdings does!"
If Temasek Holdings refuses to sell its stake in Standard Chartered, it can continue to dilute its stake.
Public issuance of new shares, refers to the listed company to find a reason to issue a certain number of shares, that is, the so-called listed company "circle money", the people who hold the company's shares are generally ten to three or two priority placement, (if you do not participate in the placement, your loss is greater.) The stock price of the additional new shares is generally 90% of the arithmetic average of the 20 trading days before the suspension, and the additional new shares will definitely change the stock price.
Temasek Holdings, as the majority shareholder, either spent money to continue subscribing for new shares, or its shares were diluted.
After a few back and forth, Temasek Holdings will change from a major shareholder to a minority shareholder.
The issuance of new shares is actually a two-way street. If the company issues new shares, if the major shareholder does not subscribe, then his equity is decreasing, and if the company issues new shares, if the major shareholder also subscribes at the same time, his equity is expanded.
Chen Hui also intends to do the same, get an absolute controlling stake in Standard Chartered Bank, and every time he issues new shares, Chen Hui will subscribe for a large number of new shares. Increase your stake in Standard Chartered until it exceeds 50%.
"Haha, the chairman is a good idea! Whether it is Temasek Holdings, or those small shareholders of Standard Chartered Bank, it will be miserable!" John laughed, but he was also more anxious, he was only a small shareholder.
"John, I know your worries, don't worry, your dividend is still 5%!" Chen Hui said with a smile, naturally knowing John's worries.
"At the same time as we issue new shares, we will also issue additional shares in the future! Let me see how embarrassed Temasek Holdings is to hold a stake in Standard Chartered Bank, and the possibility of it turning around will be zero!" Chen Hui said with a dark smile
Engage in private placement, and place shares to large companies under their own, and then they can still obtain an absolute controlling stake in Standard Chartered Bank.
"Well, Chairman, I see, but you have to be careful that Singapore's sovereign wealth funds are also playing tricks, they have a lot of influence in the world's financial markets! They have a huge amount of liquidity!" John said
"Well, I know this, and it is also a shareholder of many big banks, you can rest assured, its liquidity is not to worry about, and it is impossible for it to do anything to me in the financial market! It dares to come to the financial market to be a rival with me, I can beat it into a dog in minutes!" Chen Hui said affirmatively
Now that Chen Hui's trading level has been refined to the top in the world, he knows all kinds of general trends, and whoever dares to be his opponent will definitely die. What's more, no one dares to go against the general trend, not even Chen Hui himself dares to go against the general trend, just like the USD/JPY is about to pull back sharply, and Chen Hui can only go short, which is the so-called general trend.
When John heard Chen Hui's words, he was immediately shocked, could it be that the chairman's cash is more than the cash of Singapore's sovereign fund? The liquid cash of Singapore's wealth sovereign fund must be maintained at least at least more than $15 billion.
And in the financial markets, there is a lot of talk about how Singapore's sovereign wealth fund can be turned into a dog?
John didn't see Chen Hui's nearly $40 billion in liquid cash, let alone Chen Hui's rise by trading in the foreign exchange market all the way.
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After hanging up the phone, Chen Hui sneered: "Singapore's sovereign wealth fund?
Singapore's sovereign wealth fund is so mysterious that it can also be called the Government of Singapore Investment Corporation.
Chen Hui slowly checked the collected information, read carefully, it is really mysterious, monopolizing everything in Singapore, more powerful than Temasek, awesome, now controlling more than 300 billion US dollars in assets, and its net worth alone is more than 200 billion US dollars. These assets are all precipitated assets, including stocks, bonds, funds, ·········
It also has a lot of fixed assets·············
But the real cash is not as much as Chen Hui.
Chen Hui smiled, looking at the investment projects of Singapore's sovereign fund, first invested in UBS, and then invested in Citigroup, and then the stock prices of these two banks fell seriously, causing Singapore's sovereign fund to lose a lot of money, a total loss of 13 billion US dollars.
Chen Hui couldn't help but be happy, European and American consortia were also cashing out, and this Singapore sovereign fund was going to take over at a high level.
Its CEO is Huang Guoyi, and Chen Hui knew that it was an instigation as soon as he saw the name.
At the end of 2007, the wave of financial crisis began to engulf the United States and the Western world, and UBS, the world's largest wealth management company, lost nearly $50 billion in additional assets due to the subprime mortgage crisis. To rescue the crisis, UBS has embarked on a process of bringing in Singapore's sovereign wealth fund (GIC) and Middle Eastern investors to inject capital. At the critical moment, GIC emerged as a savior, injecting more than $10 billion into UBS, and through this holding a 9% stake in UBS. Then it injected more than $10 billion into Citigroup, a masterpiece of such a large amount and the largest investment GIC has ever made in a single company.
The share prices of the two banks then plummeted, with their shares shrinking by more than two-thirds, and Singapore's sovereign wealth fund is now preparing to stop the shares until a few years later.
The GIC apparently did not anticipate that it might be left in such a bleak fashion a few years later. Looking back, the GIC at that time somewhat revealed a proud look of spring breeze.
Chen Hui thinks that their shares will be repurchased by European and American consortia at a low price soon, and if you think about it, it will be a huge loss!
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After a while, Chen Hui returned to his study, opened the USD/JPY chart, and slowly observed.