848 Standard Chartered Bank's share price rose to a record high, with a market value of more than $50 billion!
Lim Siu Kit, the CEO of Singapore's sovereign wealth fund, who is currently on a business trip to Dongying, has trouble sleeping tonight, and has recently been messed up by his opponents.
What distressed him the most was the loss of DBS Bank!
"Alas, this time the loss is miserable!"
"I won't let you have a good time with this Lin Group in the future!"
"When you get relieved this time, I'll clean you up!"
Although Singapore's sovereign wealth fund is also one of the major shareholders of the new Standard Chartered Bank, it does not have the slightest management and management rights, and when the time comes to select directors, Singapore, as one of the major shareholders, cannot even enter the board of directors of Standard Chartered Bank!
The new Standard Chartered Bank is not for Singapore's sovereign fund, but will bring infinite trouble to Singapore's sovereign fund!
Thinking that Standard Chartered Bank may lend to many technology companies incubated by Singapore's sovereign wealth fund in the future, Lin Zhaojie felt a chill in his back.
He has fought so many times with Chen Hui, the HSBC consortium, and the Bank of America, and he also understands Chen Hui's style of acting, he would rather lose a thousand to himself than kill a madman with 800 enemies!
Tonight he tossed and turned, and couldn't sleep!
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After Chen Huimeimei slept well, it was already 11 noon the next day, he opened the chart of Standard Chartered Bank's stock and found that Standard Chartered's stock price had skyrocketed again this morning!
The market capitalization has risen from $42 billion to $45 billion!
This morning, Standard Chartered shares rose 7%!
It's just in the morning, and by the afternoon, the stock price of Standard Chartered Bank will continue to skyrocket!
Now the bull market in Standard Chartered Bank's share price has begun!
Many investment institutions have also begun to buy shares of Standard Chartered Bank in the market, including shareholders within Standard Chartered Bank, who have increased their holdings from the market.
Many profitable shareholders will also take advantage of the high stock price of Standard Chartered Bank to close their positions and leave the market with a profit!
After all, a tiny amount of money can make a profit of 7% in one morning, and it is enough!
On the Hong Kong stock market this morning alone, the trading volume of Standard Chartered Bank shares was as high as tens of millions of shares!
Today, the market capitalization of Standard Chartered Bank in Hong Kong is close to HK$350 billion (US$45 billion)!
Standard Chartered's share price on the London Stock Exchange is also skyrocketing!
Standard Chartered Bank is listed on the same asset, but the valuation of the London market is different from that of the Hong Kong stock market, and any one can represent the market value of the asset (company), that is, the market value of Standard Chartered Bank.
In the London market, the valuation of Standard Chartered Bank is already 27 billion pounds, and according to the exchange rate of 1.67 pounds per dollar, Standard Chartered Bank has a market value of 45 billion US dollars!
The market value of any market in the London market and the Hong Kong stock market can represent the market value of Standard Chartered Bank!
After all, Chen Hui likes the market capitalization calculation of the London Exchange, because the GBP/USD is rising!!!
After looking at the trend of Standard Chartered Bank's stock, Chen Hui got up in a good mood, hurriedly went to the bathroom to wash up, and then came to the restaurant, at this moment Ling Yu'er and Ling Yuzhen had prepared a sumptuous lunch.
So the three of them began to eat lunch, and after a while, Ling Yu'er said, "Sister, let's go shopping today, I haven't been shopping with you for a long time!", her tone was very coquettish.
Ling Yuzhen paused for a moment and said with a smile: "Okay, let's have a good time shopping today!"
Saying that, Ling Yuzhen turned her head to look at her brother-in-law and said, "Xiaohui, are you busy today?"
Ling Yu'er immediately interjected: "Sister, look at him like that, what kind of busy person he looks like!"
Chen Hui smiled lightly: "It's very idle!"
"And I haven't been shopping in a long time!"
Ling Yu'er suddenly said excitedly: "Then let's eat quickly, and we will set off after eating!"
Lunch was quickly finished, but when Ling Yu'er cleaned up, she was sleepy again, so she took a lunch break for a while before the three of them went out!
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After 2 o'clock, the trio arrived at IONOrchard Mall, one of Singapore's most avant-garde and iconic shopping malls, located at the exit of the Orchard Road MRT station.
Spanning more than 600,000 square feet, IONOrchard Mall is an 8-storey mall that brings together a variety of shopping malls in different areas such as fashion, lifestyle, entertainment and dining.
The first to fourth floors of the mall are home to top international luxury brands and boutiques, including Prada, Louis Vuitton and many other luxury brands. The B4 floor is home to prestigious brands, young fashion and lifestyle merchants, catering to shoppers from all walks of life, including students, 9-to-5 salarymen and other popular brands such as Topshop, Fred Perry and Armani Exchange.
The three of them went shopping like this for a few hours, but they didn't buy anything!
In the end, the trio found a specialty store that specializes in Singapore's famous local brands!
NAMED CHARLES KEITH, WHETHER IT IS SHOES OR BAGS, THE STYLE OF THE STORE IS VARIED, SWEET GIRLS, WHITE-COLLAR WORKERS IN THE WORKPLACE, AND VACATION LEISURE CAN ALWAYS FIND A FAVORITE STYLE.
Chen Hui was tired of his feet, so he sat far away and quietly watched the two sisters choose things.
Chen Hui felt a little bored for a while, and opened the Standard Chartered Bank stock chart again, and now the Hong Kong stock market has closed!
Standard Chartered shares soared another 11% during the afternoon session!
The market capitalization of Standard Chartered Bank has increased from nearly HK$350 billion to HK$388 billion!
That's a market capitalization of more than $50 billion!!
That's an amazing increase!
In total, the stock price of Standard Chartered Bank has skyrocketed by 19% today!
The market capitalization has risen from $42 billion to $50 billion!
The soaring share price of Standard Chartered Bank has also shocked the whole of Asia!
Previously, the New York State Monetary Authority threatened to revoke Standard Chartered's license to operate in the state on the grounds that Standard Chartered had violated U.S. anti-money laundering regulations by concealing $250 billion worth of transactions related to Iran. The HKMA has even pointed out that Standard Chartered is a rogue institution.
For foreign banks, the loss of their New York State license is a devastating blow because it is equivalent to cutting off a bank's direct access to the U.S. banking market.
DFS notes that Standard Chartered helps customers around the world handle around $190 billion worth of business every day.
At the time, the New York State Monetary Authority (DFS) said Standard Chartered had "conspired" with the Iranian government to conceal about 60,000 transactions from law enforcement officials over a nearly 10-year period, which brought Standard Chartered about hundreds of millions of dollars in commissions. DFS also harshly accused Standard Chartered of being a "rogue agency" that caused the U.S. banking system to be used by terrorists, drug traffickers and 'floating' Middle Eastern countries due to Standard Chartered violations.
DFS New York State has also ordered Standard Chartered to hire an independent site watchdog to monitor its operations in New York State!
The next day, the stock price of Standard Chartered Bank fell by nearly 20%!
Created a history of the decline in the stock price of Standard Chartered Bank!
But today, the stock price of Standard Chartered Bank has skyrocketed by 19%!