Chapter 315: While You Don't Want Your Life
On the one hand, they look at the quotations of London and Hong Kong stocks, and on the other hand, they are waiting for the changes in the opening of the US stock market, as if the stock market is the only element of everyone's life.
As soon as the Wall Street stock market opened, it fell sharply because of the sharp fall in foreign stock markets, Ye Tian took a look, and all the beauties were in a heavy mood, everyone knows this truth, tomorrow Hong Kong stocks will fall again because of the fall of US stocks, and US stocks will fall again because of the decline in the periphery, forming a vicious circle.
Radio and television stations frequently reported the latest market conditions of the U.S. stock market, the atmosphere seemed very tense, the women no longer cared about each other's embarrassment, the U.S. Dujones Industrial Average plummeted 508 points that night, setting a record for the largest single-day decline in the United States for more than 100 years, Ye Tian also enjoyed a big sleep, but nothing was done, the women were not in the mood, and Ye Tian couldn't do it if he wanted to.
During the day, as soon as the newspaper arrived, it was divided by several women, and all major newspapers reported on the US stock market with headlines in red and bold bold, Wang Guxian, Zhang Meng, and even Zhao Yuzhi were at a loss after seeing the news, waiting for the death sentence to be pronounced when the market opened at ten o'clock, Ye Tian hesitated for a long time, and finally did not tell the truth, he was afraid that the news would leak and become a 'sinner' in Hong Kong, everyone was losing money, but he was making money, and those who committed bankruptcy and suicide didn't transfer their anger to him, and it was better to make a fortune quietly.
In the early morning, the Hong Kong Stock Exchange immediately convened an emergency response meeting and finally made a decision at the opening of the market at 10 o'clock, announcing that the Stock Exchange would be closed for four days in order to keep investors calm and the large backlog of uncleared settlements.
This announcement made Ye Tian feel quite stunned, and felt that the Stock Exchange was doing this too much, if it only fell for one day, would it still be called a 'stock market crash', let alone a four-day market closure. Even if it was stopped for ten days, the women around him applauded, thinking that this was a wise and rational move, which made the vicious circle temporarily stopped, especially on the same day, the stock markets around the world plummeted, Japan's Nikkei Stock Average fell 3836 points, the London Financial Times index fell 250 points, and the Australian stock market fell 510 points.
During the four days of the market shutdown, the news about the stock market did not calm down because of the market closure. The headlines of newspapers large and small are inseparable from the stock market every day, and some newspapers even add extra editions to report the closing of US stocks as soon as possible.
However, Wall Street stocks rebounded sharply by 160 points on Wednesday, and some began to ask: Is a four-day shutdown too long? Will it damage Hong Kong's reputation as a financial centre? Mr Martin Lee, a member of the legal profession, even pointed out that the suspension of trading on the Stock Exchange was illegal.
The chairman of the Stock Exchange, Li Fuzhao, began to face pressure from the public opinion, but he still insisted that the market would not resume until next Monday, and believed that if the US stock market resumed hastily due to the rebound, would the US market be suspended again if it fell again? He also believes that if the market had not been wisely decided to shut down on Tuesday, the stock market would have been 'covered with corpses'.
The four days of no shares and no market were quickly over. I believe that every shareholder was in a bad mood at that time, and everyone did not know what the market would be like on the day of the resumption of trading, and how they should face it.
Although before the resumption of trading, all parties have made contingency measures. In addition to experts arguing that Hong Kong's economy is doing well and the stock market should not fall again, the Association of Banks has also lowered the prime rate by one and a half percentage points to seven and a half percent, hoping to stabilize the market.
October 26, 1987. On a sunny day, all the activities of society are the same. Central is also generally busy, and it has not faded due to the stock market storm. But everyone who walks in Central seems to have a sense of imminent disaster, especially the mood of shareholders at that time, which cannot be described by pen and ink.
The opening time is an hour later than Zhuchang, eleven o'clock, as Ye Tian expected, just open the city only sells and no buyers, sellers jump the price to sell, no one dares to block the mantis arm to block the car into the market to buy goods, blue chips are the first to have sporadic buying orders into the market, the first price is generally the highest price of the day. Fifteen minutes later, the Hang Seng Index had fallen by more than 650 points, and at 11:45 the market fell by nearly 900 points, and then rebounded slightly, but the Hang Seng Index was still down 845.04 at the end of the morning.
In the afternoon, the market situation did not improve, but turned bad again, the market was full of wind, the investment sentiment was pessimistic to the extreme, the market entered the market, investors sold for the sake of selling, the result of the whole day the market fell to 1120.70, to close at 2241.69, a total of 33%, the world's largest single-day decline record, the spot futures index market is four times down the limit, the next day a newspaper headline reported the news, with the word "landslide and crack" to describe the disaster of the falling market.
Then, the Hong Kong government announced a series of rescue measures, including exemption from the restrictions on listed companies to buy back their shares, the Exchange Fund, the Jockey Club, HSBC, etc. all entered the market to buy stocks, hoping to take the lead, Ye Tian also increased the value of some stocks like a decent, Oriental Group increased in value, a few days ago 107 yuan per share was sold, today 47 per share redemption, I feel that I am robbing money, and I have also got the title of "conscience" enterprise, Hong Kong shareholders are grateful to Dade, Ye Tian does not know how to express his feelings.
After the stock market crash, Hong Kong fell into a bear market, Ye Tian has more than 90 billion liquidity in his hands, taking advantage of your illness to kill you, Ye Tian returned to his old business, and began to block several major companies, the first target is Liu Luanxiong's Aimeigao Group, I don't know why, Ye Tian always has some opinions on Liu Luanxiong, this shot, like the autumn wind sweeping away the leaves, when Liu Luanxiong knew that Ye Tian had tens of billions of funds, he chose to surrender cleanly, transferred all the equity in his hand to Ye Tian, and left the scene with his own funds, pondering Ye Tian's tactics, and planning to also come to a gourd to draw a scoop, galloping in the stock market, in order to curry favor with Ye Tian, he gave away a luxury yacht worth 4 million US dollars in the name of Ye Tian at the birthday banquet of Xiao Budian.
Ye Tian didn't care about Liu Luanxiong's small moves, the acquisition of Aimeigao Group, Ye Tian did not merge it into the Oriental Group, after holding a certain percentage of shares, hire professional managers to take care of it, wait for the market value to soar, Hong Kong's strong performance after economic recovery, the larger the group's market value rises, now the acquisition of Aimeigao only uses more than 20 Hong Kong dollars, five years later, this number will at least increase tenfold.
The second goal, Ye Tian chose Lin Bai Xing Lixin Group, Lixin Group made a fortune in the 84 stock market crash, but did not escape the 87 stock market crash, before the stock market crash, the market value exceeded 20 billion Hong Kong dollars, after the stock market crash, the market value shrank, only more than 8 billion. (To be continued.) )
PS: I originally wanted to wait for the ...... to be uploaded. The completion of the book is really a very tangled matter, and the fact that the book is completed cannot be done