Chapter 344: Jardine Matheson admits intimidation

Even if the sheep fights with the wolf, even if they use all their strength to feed the milk, it is in vain! In the end, they will inevitably be eaten. Pen @ fun @ pavilion wWw. biqUgE。 info - Of course, it can't be the evil of the Pleasant Goat or the tease of the gray wolf.

Fund X is a "prehistoric monster" that is more ferocious than wolves and more notorious in the financial market, absolutely cannibalistic and does not spit out bones. Even, as soon as X fund appears, it will cause a violent shock in the stock market in one place, what kind of existence is this?

There's no way, it's really that the record of X Fund over the years is too ferocious, and the places where it has passed are simply "corpses all over the field" and "thousands of miles of blood". The notoriety of X Fund is slowly forged by sucking the flesh and blood of countless investors and stepping on the accumulated bones of countless investors.

See, since Fund X announced that it would reduce its stake in Jardine Matheson in London, Hong Kong, Singapore and Sydney, the shares of Jardine Matheson have been like paper paper, and they have been wiped off the paper - everyone has avoided it and sold it off.

Even, not only the shares of Jardine Matheson are plummeting, but even the local stock market is crazy about the downward trend.

The Hang Seng Index, which was first in the rising stage on the Hong Kong Stock Exchange, immediately took a sharp turn because of an announcement by Fund X, and quickly turned green and plummeted. Subsequently, Singapore, Sydney and other places followed in Hong Kong's footsteps and further expanded the area of greenery.

On the evening of the same day, as soon as the London stock market opened, it completely ignored the rising environment and opened lower directly, showing a plummeting trend. When the London plunge began to spread to Germany, France and the United States, the downward trend spread further, and it seemed that the global stock market crash of '87 was about to happen again.

At this moment, not only Jardine Matheson was frightened, but even financial institutions, investment banks, and researchers around the country were all frightened, and Wall Street was in a continuous state of confusion. At this time, both Jardine Matheson and the financial giants of Wall Street deeply realized the terrible thing about the prehistoric financial monster of Fund X -- the global stock market would tremble if they really sneezed.

When the lion is serious, there is no enemy in front of him, everything is just a snack in his mouth.

The Jardine Group, which was ready to fight to the death, worked hard to raise so much money, but when it really faced the attack of the X Fund, it realized that it was simply the little mantis with its mantis arm as a car.

Not even a splash of resistance was made, and the ultimate decisive battle built by Jardine Matheson Group became a one-sided rout - not only the stock of Jardine Matheson Strategy has been completely turned into waste paper, but even the stock prices of all Jardine Matheson listed companies, including Dairy Cow International, Mandarin Oriental, Jardine Securities, etc., have also been cut in half.

The misery is unbearable -- this is the best interpretation of the once glorious Hong Kong's No. 1 British-funded consortium.

When the news of one stock price collapse after another broke, Benjamin Keswick sat down in his chair as if he had been slung out of his spine, staring blankly at the ceiling above him.

For the sake of the dignity and glory of the so-called century-old Jardine, and for the status and reputation of the British First Consortium, the impulsive Benjamin Keswick gambled everything, only to find that he had lost so completely - he could not describe the situation at this time.

The most painful thing is that with the continuous decline in the share price of Jardine Group's subsidiaries, Jardine Group's shares pledged in Standard Chartered-Sumitomo Mitsui Bank financing have reached the red line. Now, Standard Chartered-Mitsui Sumitomo Bank has begun to come to Jardine Matheson Group to collect debts, and the other party no longer accepts equity pledges.

In other words, if Jardine Matheson Group is unable to repay the financing with interest within the specified time, then Standard Chartered-Mitsui Sumitomo Bank will have to liquidate and auction its pledged shares.

It's over, it's completely over!

"Bang ......"

The loud sound of the door opening woke Benjamin Keswick from a daze, and he let out a long sigh of relief as he looked at the few people who walked into his officeβ€”a look of relief on his face.

"Benjamin, it was all a good thing you did to put the Jardine Matheson Group in such a situation, and now I formally remove you from the position of Chairman on behalf of all the shareholders of the Jardine Matheson Group and the Keswick family. An old Scottish man with a white beard said angrily to Benjamin Keswick: "Now that I am temporarily the chairman of the board of directors of the Jardine Matheson Group, you will go back to Scotland and explain all this to the family, and take all the blame." ”

As if relieved, Benjamin Keswick came back to life, stood up and said calmly: "Don't worry, uncle, I will explain all this to the family and take all the responsibility. ”

Looking at his nephew and patting him on the shoulder, John Keswick said with some sadness: "Benjamin, you don't know, because of the Jardine Group, the family in China has been attacked by many financial giants. Everyone wants to bite a piece of meat off our Keswick family. ”

"It's all my fault. ”

Seeming to feel Benjamin Keswick's sadness and frustration, John Keswick comforted him and said: "It's not your fault, after all, a financial giant like Fund X is not something we can provoke, and there is also Sir Jonathan intervening, he has taken a fancy to our insurance advisory group under the Jardine Matheson Group." ”

"What are the family and the general meeting of shareholders going to do about it?" asked Benjamin Keswick, his eyes wide, and some disbelief, "Sir Jonathan is also behind this?"

Nodding, John Keswick continued: "Otherwise, why do you think HSBC, Prudential, and Aviva sold a lot of Jardine Matheson stocks in the early stage? Jonathan, that old guy, has long taken a fancy to our insurance advisory group and wants to expand his business and insurance presence in Hong Kong and Asia. Therefore, this time he chose to cooperate with SS Financial Holdings, the back of X Fund, the strength of the two parties is too strong, and we have no possibility of fighting. Also, the last thing you should do is take out a loan from a standard Standard Chartered-Mitsui Residences bank, and you should still use Jardine Pacific as a pledge. ”

As if he had died, Benjamin Keswick breathed a sigh of relief, his face slowed down a lot, and he said flatly: "It's me who is too reckless!"

"Go back, I, Henry, and Simon will clean up the situation here. John Keswick said, looking at the two middle-aged men behind him.

With a wave of his sleeve and not a cloud with him, Benjamin Keswick walked away gloomily, returning to the Keswick family who were ready to "judge" him. He didn't know that just after he left, the Jardine Matheson Group threw away all the dignity and reputation of the century-old Jardine Matheson, which he regarded as his life, and turned it into a "coward".

Yes, John Keswick Sr., after "driving out" his nephew Benjamin Keswick, immediately "raised his hands and surrendered" to the X Fund with his two sons, Henry Keswick and Simon Keswick.

Jardine Matheson relented, because they really didn't have any confidence and capital, and they were fighting the financial behemoth of Fund X anymore - "surrender" may be the only way to survive.

You must know that the biggest crisis facing Jardine Matheson Group now is no longer the attack of Fund X, because as long as the appetite of Fund X is satisfied, this "financial monster" will slowly retreat. At present, the biggest crisis of Jardine Matheson comes from the "hungry wolves" around the group, which are not only old families in the UK, but also Chinese-funded consortia in Hong Kong.

Capital has no borders, and capitalists have no borders, and when the interests are large enough, it is not uncommon to attack their teammates in their own country. Therefore, now the invasion of Keswick and Jardine by those families in Britain is simply like a man's back.

Under siege, it is the best choice to admit to the X Fund, and even hope to rely on the super aircraft carrier of SS Financial Holdings.

Soon, John Keswick made a gesture of goodwill to Fund X by agreeing to sell all of its shares in Hongkong Land and Jardine Matheson Insurance Advisors to Fund X.

From Hong Kong to London, John Keswick and Simon Keswick finally met Jim Rogers, the initiator of the "Jardine Disaster".

"Hello, Mr. Rogers, I have long admired your great name. Seeing Jim Rogers, John Keswick's posture was very low, after all, he was "flying the white flag" this time to admit relent.

Jim Rogers smiled and shook hands with the representative of the Keswick family, and then said with a smile: "Mr. John Keswick, I didn't expect you to come to meet me, I don't know where Mr. Benjamin Keswick has gone?"

"He has been ordered by his family to go back to Scotland for introspection, and he has been confined to the family. ”

Nodding with a smile, Jim Rogers lit the cigar in his hand and said, "Mr. Keswick, you must have good news for me this time." ”

"Of course, of course. John Keswick was not at all annoyed by Jim Rogers' arrogant attitude, and the winner had the power of the winner, so he said with a smile: "The general meeting of shareholders and the board of directors of Jardine Matheson Group have passed a resolution to sell the shares of Hongkong Land Group and Jardine Insurance Advisors Group to Fund X. In other words, from now on, the most dazzling pearl in Hong Kong's real estate industry will belong to X Fund and SS Financial Holdings. Congratulations. ”

There is not the slightest discomfort, and in the face of the strong, the mentally handicapped have no dignity to talk about, and they are still less qualified to talk about the glory and glory of the past -- what about the former British-funded No. 1 conglomerate? What can it do if it once ruled Hong Kong's economy? What is the use of being famous in Asia and Britain in the past?

After all, it was just once, no matter how awesome it was, it was useless to be a scum today, and there is only one way to go in the face of today's strong people - admit cowardice and submit to softness.

Yes, the first British-funded consortium, Jardine Matheson, admitted to X Fund and Su Chenyu that they relented......