559. Temasek Holdings at Risk!

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Last Friday, they Temasek Holdings took advantage of the major good news that Singapore's sovereign fund acquired 160 billion Hong Kong dollars of Hong Kong Properties, and frantically bought long positions in the Hang Seng Index, pulling the Hang Seng Index up by 400 points, and at the same time, there were many over-the-counter bulls entering the market on the same day, following them to pull up the Hang Seng Index, but they did not expect that today these short-term bulls began to retreat at a high level, and closed their positions with profits, leaving them Temasek Holdings, fighting alone at a high level, and finally they could not support the bears in the market to attack wildly, resulting in the Hang Seng Index plummeting by 300 points!

At the same time, they are holding more money at a high level, and the situation is now precarious, and now they have sold their $3 billion worth of high-quality shares to Standard Chartered Bank, and obtained $2 billion in cash, which is just right to alleviate the liquidity cash shortage.

Their company, Temasek Holdings, now holds a long position of 2.5 million lots in the Hang Seng Index, with an average opening point at 23,400, and is now floating by 450 points, totaling HK$56.2 billion (US$7.3 billion)!

They have been trapped for a long time, and they have been constantly adding positions at a low level to spread down the average position! But I didn't expect that the Hang Seng Index has been falling these days, although it has rebounded and risen from time to time, but the trend of the entire daily chart is still down.

Every time the Hang Seng Index pulls back and rises, they will buy a long position in the Hang Seng Index, in a vain attempt to push up the Hang Seng Index and change the original downward trend of the Hang Seng Index, but they didn't expect that their Temasek Holdings Company was being hedged with more and more funds, and even more hateful things were targeted by the old rival Black Shirt Capital!

Every time they want to pull up the Hang Seng Index, they encounter strong short-selling by Black Shirt Capital!

Previously, Temasek Holdings had lost $10 billion in assets due to the collapse of the stock prices of its bosses, leaving $40 billion, and most of them were fixed assets!

Now they are fighting against the black shirt capital on the Hang Seng Index, which makes their situation even worse, and now their cash flow is getting smaller and smaller, and there was still a cash flow of 5 billion US dollars, but it is far from enough to alleviate the lack of cash liquidity, in order to prevent their accounts from bursting, they have to borrow a huge amount of money from major banks in Singapore to tide over this difficulty!

Temasek Holdings, with $20 billion worth of shares in their boss company, has borrowed a total of $10 billion from DBS Bank, POSB National Savings Bank, UOB United Overseas Bank and OCBC Bank!

"What do the banks say now?" Banandan thought for a moment and said to his assistant, "How much more money can they lend us now?"

Temasek Holdings now holds a long position of 2.5 million lots in the Hang Seng Index, spending more than HK$50 billion (US$6.5 billion) on margin alone, and now has a loss of US$7.3 billion in their accounts! They have $1.2 billion of available funds left!

Temasek Holdings has a very good cooperative relationship with many of the world's big banks, and their long position of 2.5 million lots is divided into many sub-accounts, and these sub-accounts are divided into many large banks in the world!

At the same time, this time they let these banks offer 50x leverage!

But it is still not enough to alleviate their precarious account, last Friday they raised the Hang Seng Index by 400 points, which is already the end of the crossbow, and today Monday, the Hang Seng Index plummeted by 300 points, and they are even more desperate! Banandan is very panicked and worried at the moment!

Do you think what kind of character he was at the beginning, and he has been smooth sailing all these years, and finally he will be planted on the Hang Seng Index?

The assistant cautiously said, "President, these banks say that they can't provide us with loans, unless we can come up with more high-quality equity to pledge!"

Now Temasek Holdings has pledged all the shares that can be pledged, totaling $20 billion! The remaining $20 billion in assets cannot be used, and cannot be used!

Banandan sighed and asked, "Did the $2 billion in Standard Chartered Bank go into our account?"

Now they have less than HK$10 billion left in their Temasek Holdings account, and if the Hang Seng Index falls by another 80 points, then their long position of 2.5 million lots in the Hang Seng Index held by Temasek Holdings will be liquidated.

Because every point fluctuation of the Hang Seng Index is 50 Hong Kong dollars, they hold 2.5 million long positions, as long as the Hang Seng Index falls by another 80 points, they will lose 10 billion Hong Kong dollars again, and then their available funds will be zero, which means a full liquidation! If they liquidate their positions, it will cause the Hang Seng Index to continue to plummet, causing them to lose more funds! Maybe the margin of 50 billion Hong Kong dollars (6.5 billion US dollars) will be lost.

"President, the $2 billion fund of Standard Chartered Bank has been put in place, and we have all remitted it to our account" The assistant also knew the president's mood at this moment, and immediately continued: "$2 billion, which is more than 15 billion Hong Kong dollars!"

"Well," Banan nodded slightly, muttering to himself: "15 billion Hong Kong dollars, plus the 10 billion Hong Kong dollars available in the account, it is 25 billion Hong Kong dollars, we still have 200 points of space, if the Hang Seng Index falls by 200 points again, we will blow up!"

Speaking of this, Banandan said to his assistant again: "Now you go and borrow some funds from the sovereign of Singapore!

"Yes, President!" the assistant said solemnly, "I'll call and get in touch!"

A few minutes later, the assistant came running again and said to Banandan: "President, Mr. Lin asked you to answer the phone!"

Banan Shan immediately took the phone and hurriedly said, "Zhaojie! I may have to trouble you again this time!"

Previously, Singapore's sovereign wealth fund acquired a large number of Hong Kong real estate, spending a total of 160 billion Hong Kong dollars, in order to better support the Hang Seng Index, their Temasek Holdings Company also took advantage of this huge good news, on Friday, the Hang Seng Index rose by 400 points, but this good news, not a few days later, to today, Monday, the Hang Seng Index immediately plummeted by 300 points, almost being beaten back to its original shape! Banandan feels that the world is a little unreal!

Lin Zhaojie said: "Mr. Banandan, I can't do anything this time, recently we can't get a lot of things with the HSBC consortium and the California consortium, in order to help you in the Hang Seng Index, we spent a total of 160 billion Hong Kong dollars on Xiangjiang Real Estate, but today the Hang Seng Index plummeted by 300 points!"