"Let the public relations department and the information department keep an eye on it, once Tatfook Bank's stake in New York Life is close to 5% of its total share capital, it must promptly notify the New York Stock Exchange and the US Securities and Exchange Commission, and Citibank will also issue a related announcement. Pen "Fun" Pavilion www.biquge.info" Di Lia instructed the old man.

"Citibank in this kind of hostile takeover, once it is associated with Dafu Bank, it is easy to offend people, such a big thing, I don't know what the consortium will think!" For the operation of Dafu Bank, the old man has a feeling of sitting on wax.

In the view of the old man Cole, if it is related to the hostile takeover of Tafook Bank, it is not as worry-free as it is to speculate on capital leverage.

"In any case, Tatfook Bank is an important customer of Citibank, and we must always take a long-term view of things, and if there is an opportunity in the future, Citibank may be able to form a cooperative relationship with Tatfook Bank with great interests." Delia joked and didn't seem to care about Citibank's channels, and was borrowed to fight a takeover war.

"Tafook Bank only bought a stake in New York Life, but shares of Metropolitan Insurance Group, American International Group, and Ford Motor Co., Ltd., it seems that there is also money involved, but not so much." The old man always felt that the connection between Di Liya and Dafu Bank was not as light as it seemed on the surface.

In response to Cole's temptation, Delia showed a sneer, as if to remind the old man not to meddle.

"President, the purchase volume of Taifu Bank is very large, in less than 15 minutes, the stock price of New York Life Insurance Group has not only been pushed to 9 US dollars, but the total number of shares it has bought has even exceeded 150 million shares, and if it continues, it is estimated that it will soon reach the holding line." A young trader said with a strange look.

"What does Miss Delia think?"

Although the old man could sense that the takeover war might start, he did not understand the true purpose of Tatfook Bank.

"The initial acquisition volume is still not enough, and it is not a way to push the stock price of New York Life all the way up, and it is estimated that it will be corrected." Delia looked very calm.

"Indeed, from $7.5 to $9 in one step, this wave of gains has even reached 20%, and if it pulls back at this position, it can lead to a lot of selling." President Cole said this, but he was not sure in his heart.

"If I can become the president of Citibank Hong Kong, maybe I can work more closely with Tatfook Bank." Delia came to Hong Kong to help Cole, but now she has secretly changed her mind.

"I'm wondering, if Dafu Bank is crazy about buying shares in New York Life, should I say hello to New York Life?" The old man observed Delia's expression and inquired.

"As the president of Citibank Hong Kong, you should know the importance of professional ethics, right? Even if you tell the New York Life Insurance Group that someone is buying its shares in a hostile manner, it can only be that both sides are not pleased, and after the Taifu Bank raises the card to announce the acquisition news, the major shareholders of the New York Life Insurance Group will naturally know what is going on, and it is better to wait for those people to contact you, wouldn't it be more proactive and better? Di Liya said coldly, secretly sighing that the old man could not achieve great things.

Just when Cole was thinking about it, the shareholders of New York Life in the investment department on the 35th floor of the PICC Building in New York, USA, were slightly relieved by the rebound in the stock.

"Although this wave of rebound came a little late, but the stock price has finally stabilized, even if something happens to the group, the stock has intrinsic value, and if it falls to a certain extent, it will naturally be discovered by the market." As a representative of Ford Motor, George Sr. looked tired, as if he had been under a lot of pressure in the past two days.

"New York Life's stock plunge for three consecutive days has not only caused the market value to evaporate by more than half, but as the controlling shareholder, it has also affected the shares of our American International Group, which has also been sold off by the market, and the chain reaction and losses caused by it are not just as simple as the decline in New York Life's stock price." The young man Gavin said with an ugly face.

"Okay, Gavin, it's not just AIG, it's all very difficult in this extraordinary time, and it won't help you to complain." The woman, Rey, whispered to the young man.

"Now that New York Life is under investigation from all sides, and the class action lawsuit of investors is also conceivable, and the main business has been seriously affected, you tell me, how to get through this difficulty? The group's speculation in US dollar index futures, on the surface, a loss of nearly 9 billion US dollars, although it is not unbearable, but after this part of the loss is fermented, it is enough to bring down the group and related parties. Young Gavin saw quite far.

"Indeed, after the revelation of the matter, it is far from the end of a day or two, and it is foreseeable that the pressure on New York Life will have a very far-reaching impact." A middle-aged shareholder lost confidence when he saw the stock price rebound by 20% to only $9.

"Everything is because of Felix, as a major shareholder, the Federal Bank of New York has the responsibility and obligation to buy New York Life shares in the stock market to stabilize the market's confidence in holding shares, but look at what the largest shareholder has done, and let the stock price of New York Life fall from $25 to the lowest $7.5, this negative response is really disappointing." Gavin snarled unceremoniously.

"Mr. George, our group's stock price, which rebounded to a maximum of $9.21, is now starting to fall back again, and the intraday pressure is extremely heavy, and it seems that many investors have lost confidence in holding our shares." The trader said to George Sr., who represented the Ford consortium.

"Although the heavy selling pressure is pouring out, but the buying is also not small, there should be strategic investors, intervening after the stock price plummeted, the current stock price, has seriously deviated from the intrinsic value of our group, I believe that after the stock price stabilizes, there will inevitably be a process of value return." Old George's statement was somewhat of a self-encouragement.

Seeing that the stock price of New York Life Insurance has fallen rapidly from $9 to $8.12 under the pressure of selling, all shareholders in the investment department can't help but feel like ashes.

"Boom~~~"

Just when everyone no longer had hope for the short-term trend of the stock price, the intensive buying of more than 5 million shares in the intraday has begun to drive the stock price upward, rushing above $9 again.

"It's such a strong buying, this is clearly a big institution intervening in New York Life stocks!" The woman, Rey, said in amazement.

"It's still rising, and it has already crossed the previous rebound high of $9.21, and in just half a minute, the market volume has released more than 200 million shares." A trader was shocked.

"Mr. George, Hong Kong's Tatfook Bank has raised its name to our New York Life Insurance Group, and the number of shares purchased on the New York Stock Exchange has reached 5% of our total share capital...... "An elderly foreign affairs clerk hurriedly ran to the investment center on the 35th floor and said loudly.

"How long has it been since the news came out?"

Old George looked stunned, already aware that something was wrong.

"Pick up the sign?"

The American International Group, represented by young Gavin, is not the majority shareholder of New York Life after all, but its mind is much more active.

"About four minutes ago, the New York Stock Exchange and the Securities and Exchange Commission came in at the same time." The elderly foreign affairs officer replied apprehensively.

"More than four minutes? How to explain the continuous huge buying orders that are emerging on the market now? Old George's eyes widened slightly, and he began to become anxious.

"The New York Stock Exchange issued an announcement on the acquisition of shares of our insurance group by Tatfook Bank, and not only that, but even Citibank also issued an announcement related to the fund depository and guarantee channels, claiming that Tatfook Bank has held more than 5% of the total share capital." The female trader opened the trading information of the New York Stock Exchange and confirmed the statement of the external affairs officer.

"Mr. George, the Ford consortium is not the largest shareholder of New York Life, I don't think you need to worry too much, the Federal Bank of New York is not in a hurry, we can see what the big rich bank wants to do, at least the acquisition will form a strong boost to the stock price." A middle-aged shareholder seems to have grasped a lifeline.

"If it is a hostile takeover, we will definitely continue to increase our group's shares in the market, but I don't know that the business philosophy of Tatfook Bank is not in line with the development of New York Life." The woman Ryan was already sure that Tatfook Bank would not stop there, after all, the Federal Bank of New York only held a controlling stake of about 8%.

"The stock price rose very quickly, after a continuous increase in volume, after $10, the transaction began to shrink, and the Dow Jones seemed to have been boosted and began to rebound sharply." Although the female trader is making an offer, she secretly sighs in her heart that the New York Life Group may enter an eventful season.

"Do you know that Tatfook Bank is the mainstream short-selling institution on the US dollar index futures two days ago, and it is precisely because of this bank that the New York Life Insurance Group has ended up like this." Old George's statement surprised a few people who didn't know the truth.

"I don't seem to have heard of this bank before, does it have anything to do with Citibank?" The woman, Rey, asked strangely.

"For the time being, it is not clear whether it is only borrowing Citibank's channels and guarantees, and you have to confirm with Citibank......" Before George Sr. finished speaking, he had already seen a young girl signaling to the head of external affairs at the entrance of the investment department.

"Hurry up and call her in."

Old George's eyes narrowed slightly, and he seemed to be particularly concerned about the matter of the controlling stake in New York Life.

"Manager, Tatfook Bank has raised its cards against us again, and now the total shareholding has exceeded 10% of our total share capital." The girl entered the investment department, and at the signal of the director of external affairs, she hurriedly said to everyone.

"It's so fast, even if we maintain the current number of acquisitions, the total number of shares held has surpassed the Federal Bank of New York and become the largest shareholder of the group!" The woman Ryan couldn't help but sigh at the arrogance of the hostile taker.

"Things seem to be interesting, after President Felix was arrested, the Federal Bank of New York was already anxious because of the insurance group, and before the new president was appointed, someone took the opportunity to make a hostile takeover of the group, even if the Federal Bank of New York knows the situation now, I'm afraid it's too late." Seeing that old George was in a hurry to call, the young Gavin couldn't help but smile playfully.

(The second update will be sent.) ）