Whether Yang Lin is great or not, Mak Yonghao said he didn't know. He only knows that this guy is really "God"

The United States, the world's largest economy and a relatively complete financial system, will naturally not sit idly by and watch the stock market crash continue to spread without hindrance. or failure to contain it in a timely manner, the far-reaching impact will be unimaginable and irreparable.

As soon as the stock market crash broke out, the US government took decisive action.

On the day of the crash, the reaction from all walks of life in the United States was extremely strong, and a large number of reports and comments were published on radio, television, and newspapers. "The country's economy is functioning well, employment is at its highest level, production is increasing, and the trade balance is improving," the White House statement said. The chairman of the Federal Reserve recently said in a speech that there is no indication that inflation will occur further. ”

On the evening of October 19, US President Ronald Reagan immediately recalled Treasury Secretary Beck, who was visiting West Germany, and Federal Reserve Chairman Alan Greenspan, who was in other places, to closely follow the development of the situation and discuss countermeasures together. New York Stock Exchange Chairman John Brown. Phelan claimed that he hoped that this situation would not continue, and other relevant officials also spoke one after another to stabilize market sentiment.

On Tuesday morning, banks stopped extending credit to professional brokers and traders, fearing that they would go bankrupt and not be able to recover their loans, and that professional brokers, who did not have enough cash to pay margin to the exchange to keep trading afloat, because they bought too much of the stock on Monday in order to stop the stock from falling. Professional brokers, as a result, are in liquidity trouble. They have no cash and are involved in Tuesday's trading. The choice they face is to go out of business. Or turn to another company to merge with them. Once a professional broker fails, the New York Stock Exchange will be in an extremely dangerous situation, because he will lack margin, liquidation and delivery of the normal source of funds.

At this critical moment, the chairman of the Federal Reserve of the United States, delivered a historic speech. "In order to fulfill its responsibilities as a central bank, the Federal Reserve System (FRC) supports the normal functioning of the economic and financial system. It is reaffirmed today that the liquidity of the financial system will be guaranteed. This phrase, in fact, supports banks to continue lending to stock dealers: the Federal Reserve. Inject funds into the banking system immediately. Required. Two major commercial banks immediately announced a reduction in preferential interest rates. Chemical Bank rapidly increased its securities loans by $400 million. Bankers Trust also said that in any case, the financial needs of customers will be guaranteed. The Federal Reserve's commitment has slightly restored confidence to the listed companies that have been re-listed on the exchange. President Reagan and Treasury Secretary Baker respectively said that the stock market crash was not commensurate with a healthy U.S. economy, which is very stable. Subsequently. Major commercial banks in the United States have lowered interest rates.

After these measures were taken, October 20. The stock index rose by 102.27 points, and on October 21 it rose by 186.94 points from 20, but the closing price on October 22 was down 77.42 points from 21. During the week of the crash, about 650 companies publicly announced that they would buy back their shares on the open market. Prior to that, from January 1 to October 16, 1987, only 350 companies had announced buybacks. Most of these companies continued to maintain buybacks on Black Monday. This large-scale repurchase behavior of listed companies has had a quite positive effect on the stock market.

On Tuesday, October 20, shortly after the New York Stock Market opened, G.A.F. bought back $7 million, or about 21% of the company's shares. This action has undoubtedly injected a shot in the arm for the weakened Wall Street, indicating that the company's actual creditworthiness far exceeds the stock price reflected in the stock market; By noon, four more small companies had repurchased their outstanding shares; At 12:10, a well-known economic company on Wall Street, Merry. The Forest Hall Corporation announced that it will repurchase $5 million in shares. Several major companies in the United States followed suit, and Ford, Honeywell, and others took the same action. This large-scale buyback action of listed companies has had a fairly positive effect on the stock market. From 12:30 p.m. to 1:00 p.m. on the same day. The Jones index recovered from 1,717 to 1,825 and by 3:30 p.m., it had risen to 1,915. This day rose by a total of 176 points.

After the outbreak of the major stock market crash, the U.S. stock market quickly stabilized the market through a series of effective measures and gradually recovered. and the cold and lonely Wall Street, gradually returning to its former vitality.

Mai Yonghao sighed, Yang Lin's "uncertain prophet" and "cave candle vision", while looking at the rising stock price, with a smile on his face.

No one would have imagined that after such a "blizzard" stock market crash, 80 percent of the shareholders lost half of their net worth, and the U.S. stock market would still be able to recover so strongly. The economic strength of the United States is indeed very strong. Just after the government promulgated a series of bailout measures, the unregarded funds poured into the financial market from the private sector, causing the impact of various financial indexes all the way up.

For Yang Lin, Mai Yonghao has already admired the five-body throw, and there is nothing to say.

This time, the general performance of "demons" was directly at the lowest point, and they started with high-quality enterprises that have always had good benefits and stable profits.

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Although the Hong Kong stock market has been fluctuating violently in the past few years, on the whole, it has risen rapidly.

Since the dust settles on the 97 issue in Hong Kong, the stock market and the property market have stabilized, especially the annual supply restriction of no more than 50 hectares of land, which has made various consortia realize that the most direct way to buy land resources is naturally to acquire listed companies that hold land. In addition to Chengcheng's acquisition of Hong Kong Electric Lighting, the ship king Pao Yugang went to another city and annexed Wheelock, one of the four major foreign companies. The stock market started from 1,200.38 points at the end of 1984 and rose to 3,949.73 points on October 1, 1987. In less than three years, it has increased by 2.3 times.

Compared with the disaster in the United States, Hong Kong's stock market did not collapse like a landslide. However. Due to the slow response of the government and the failure to respond, the results are also very serious.

The most discerning of the Hong Kong stock market is none other than Li Ka-shing; And the most powerful means are none other than Liu Luanxiong.

September 14, 1987. Li Ka-shing Cheung Kong Asset Group announced its largest fundraising plan in history, raising a total of $10.3 billion through its four companies: Cheung Kong Holdings, Hutchison Whampoa, Cargo Services International and Hongkong Electric. Pumping out a large amount of money from the market. Just a month later, the stock market crash occurred, and the rights issue plan was irrevocable due to a force majeure clause. The market was surprised by Lee's unique vision.

Liu Luanxiong in this stock market crash. Once again, the ferocious strength of the "stock market sniper" was demonstrated. He adopts almost the same method as Yang Lin in the United States. As long as you value a stock, you will gather funds, buy it piecemeal, and sell it in a large number of concentrations, resulting in the stock price falling rapidly and going straight into the abyss. In the end, he directly bought the bottom and owned a large amount of equity in the stock.

Another modus operandi. is also the same routine as Yang Lin is now cleaning up the "Knight Hotel".

Constant suppression and acquisitions have forced companies that are unwilling to give up their shares to have too high stock prices to launch counter-takeovers. Until the stock price has been rising, in the end, all the high price is sold, and after making a profit, the position is cut and left.

Now, Liu Luanxiong is sitting in his office, smiling at the huge display screen on the wall. Above, all the stocks of the Hong Kong Stock Exchange are displayed in red, green, and green, up and down, up and down, and it is very obvious.

"Boss, the stock price has risen again, do you want to keep following up?" The trader sat in front of the computer and asked Liu Luanxiong.

Liu Luanxiong touched his chin, and his square head was shining in the light: "The Jia family, still don't give up." Recently, they have suffered heavy losses, how can they still have such strength to counter the takeover of their shares? ”

After thinking carefully for a while, Liu Luanxiong gave instructions to the trader: "Don't care if he rises or not, you just eat as much as you want, just give me as much as you want!" ”

Liu Luanxiong's abacus is very shrewd and clear.

Or, become the majority shareholder and take control of The Peninsula; Or, at the end, sell at a high price and exit at a profit.

Either way, Liu Luanxiong will gladly accept it. For the only six-star hotel in Hong Kong at this time, Liu Luanxiong likes it very much, and is very optimistic about the future prospects of The Peninsula Hotel. If he can fight for the position of chairman of the board of directors of The Peninsula Hotel and get the biggest voice, Liu Luanxiong does not mind and makes a little less money.

Just when Liu Luanxiong was full of ambition and was determined to win the Peninsula Hotel, the Jia family was gloomy and the atmosphere was solemn.

The sudden stock market crash caused the Jia family to suffer heavy losses. In just half a month, the family's wealth has shrunk by half, or even more. Of course, for a company like the Jia family, which is based on a career, the wealth evaporated by the stock market is not enough to be fatal, and they will quickly earn profits through industry, stabilize shareholders, and restore strength as soon as possible.

However, the shrinkage of a large amount of wealth has led to a severe lack of mobile funds. It's usually okay to say, but in the face of hostile acquisitions, I have to be helpless and helpless. Once a large number of shares are acquired, the company's right to speak is taken away, and that is the biggest disaster.

The hall was silent and the atmosphere was oppressive.

Kaslan, who had already had a white beard, sat silently on the sofa, holding a thick cigar between her fingers, and the light blue smoke rose in a curling curl. Hiding his face behind the smoke is not real.

Jia Minggao's face was gloomy, and he sat upright.

Jia Yuyao's face flushed slightly, biting her lip, and she didn't say a word. But those bright and beautiful eyes kept staring at Jiashilan, faintly, very angry.

Mrs. Zou sat next to Jia Minggao, looked at Jia Yuyao, and then looked at Jia Shilan, and said in a shrill voice: "Yaoyao, you are also a big boss, why are you so ignorant?" Now is the most difficult time for the family, everything has to be done for the sake of the big picture. You are making such a fuss and making the family uneasy, doesn't it add to the blockage in your second grandfather's heart? ”

Speaking of this, she paused slightly, her eyes scanned around, and she found that everyone didn't speak, so she immediately said: "The Peninsula Hotel is not your own, it was acquired, don't we all feel distressed?" But you also have to know that the family's funds are now very insufficient, if you throw them at the Peninsula Hotel, what if someone takes the opportunity to buy our CLP? Besides, your second grandfather said that the Peninsula Hotel will be your dowry in the future. But aren't you married yet? It's selfish. Tsk, child, I just don't know anything. ”

CLP Power is the root of the Jia family's survival. At such a critical juncture, it was the right choice to set aside funds to ensure the safety of CLP. But Mrs. Zou's schadenfreude and cynical attitude made people very unhappy.

Jia Yulin couldn't look at it, he frowned, and said unhappily: "Mom, can you say a few words?" It's annoying! ”

Mrs. Zou raised her eyebrows, and immediately became angry: "Oh, you rabbit cub, you dare to talk about the old lady!" Do you know that my mother is all for your good? Now there are people who want to take the family's money, pretend to be public and private, and keep her own things. In case, there is a mistake in the family, and there is no place for you to cry! ”

Jia Yulin pursed his mouth, made a "love can't help" expression to Jia Yuyao, and was silent.

Jia Minggao's eyelids lifted and looked at Jia Yuyao, and the look of disdain in his eyes flashed. Then he continued to sit in the presence of the old god, without saying a word.

Jia Yuyao raised her hand and pinned a strand of hair from her sideburns behind her ear. In this way, her beautiful and delicate face is more and more thin, and her beautiful jaw is more pointy. The beautiful eyes swept slightly, and the corners of the beautiful lips curled. It's just that there is no trace of a smile in this beautiful smile, but it is like a thousand years of ice, exuding a chill.

This is my family, right? A talented, happy and friendly family? Once, how proud she was to be a member of this family, how proud. There is no honor that can compare to the outsider's "Miss Jia Er", which makes her happier and more proud.

But now, all she sees is selfishness and indifference. Why? It's not because the Peninsula Hotel was created by her biological grandfather! It's not because the second grandfather has already written in his will that the Peninsula Hotel will be her dowry!

Other people's things, why work so hard? The Peninsula Hotel's acquisition war, whether it wins or loses, will be a huge loss, and there is no need to lose one's own strength for the sake of someone else's things.

Jia Yu Yao's bright eyes looked at Jia Shilan. The eyes of the two converged through the curling smoke. Jia Yuyao smiled indifferently, her voice was flat and delicate, without a trace of frustration: "Second grandfather, thank you." ”

Jia Yuyao understands that in recent years, Jiashilan's body has long been out of order. Even if he wanted to help himself, he couldn't say it. Because, he is a parent, a parent who is about to die. What he wants to do is the stability of this family. It must not cause turmoil in the family because of Jia Yuyao. Jia Yuyao knows his difficulties, and his ability is overwhelming, so he wrote the Peninsula Hotel into his will and kept it for himself, which is already the greatest love.

Don't ask for more, people have to rely on themselves.

Jia Yuyao stood up prettyly, looked at the family members in the hall, and smiled faintly: "Since everyone says that the Peninsula Hotel is my own business, then, let me solve it myself." Rest assured, even if the Peninsula Hotel is acquired this time and relinquishes the position of chairman, I will work hard, and one day, I will take it back! ”

Delicate tone, sonorous ambition.

Everyone was stunned, watching the slender back disappear at the door.

Kasland closed her eyes and sighed. (To be continued......)