In fact, a week ago, the price of the U.S. stock market fluctuated greatly, but many investors only thought that this was a short-term correction and would not affect the trend of U.S. stocks.

On Monday, October 19, the weather was clear, the calm skies of the United States were a pleasantly blue color, and the mood of investors was as bright as this clear blue sky. However, from the moment the exchange opened at 9:30 a.m. that day, people's mood suddenly fell to the bottom, and the sky above them seemed to change from a pleasant blue to a terrifying black.

As soon as the U.S. stock market opened, the horror that had been lost for half a century reappeared, and the stock market plummeted like an avalanche, causing panic across the country. And due to market rumors, it triggered panic selling.

As the stock market continues to dive, a large number of hedging orders further shorted index contracts in the stock index futures market, which in turn continues to drive the stock index dive. The market has entered a vicious circle.

Soon it led to a complete collapse of the US stock market!

On the same day, the global stock market fell across the board under the lead of the Dow Jones & Co. Industrial Average in New York, triggering panic in the financial markets!

This incredible "Black Monday" happened!

In just 3 hours, the Dow Jones Industrial Average fell 508.32 points, or 22.62%. This means that the value of the stocks in the hands of the shareholders has depreciated by more than half in one day, and a total of $500 billion has disappeared, equivalent to one-eighth of the annual gross national product of the United States. Immediately, the panic spread beyond the United States. On October 19, the stock markets in London, Tokyo, Hong Kong, Paris, Frankfurt, Toronto, Sydney, Wellington and other places also fell.

In the week that followed, the panic intensified. On October 20, stocks on the Tokyo Stock Exchange fell by 14.9%, the highest decline on record for the Tokyo Stock Exchange. On October 26, Hong Kong's Hang Seng Index plunged 1,126 points, or 33.5%, the highest decline in the history of the Hong Kong stock market, engulfing all the gains since November 1986. In line with this, stock markets in Tokyo, Sydney, Bangkok, Singapore, and Manila also fell. As a result, the news of the collapse of the Asian stock market was transmitted back to Europe and the United States, causing the stock markets in Europe and the United States to fall.

According to statistics, in the eight days from October 19 to 26, the wealth lost due to the sharp fall in the stock market was as high as 2 trillion US dollars, which is 5.92 times the total direct and indirect losses of 338 billion US dollars in World War II. Wachtel, an economist at Merrill Lynch, called the October 19 and 26 stock market crash a "runaway massacre."

During this period, banks went bankrupt, factories closed, and enterprises laid off a large number of employees, and the tragedy of the stock market crash in the past was repeated again!

Governments around the world have stepped in to bail out the market, and major companies have repurchased shares to restore market confidence.

At this time, people found that Wujiang Group actually sold its shares to cash out a large amount of money before the stock market crash, and borrowed a huge amount of money from major banks.

This......

Could it be that Borderless Group has already speculated that the global stock market crash is coming?

Wujiang Group only raised funds and did not take the opportunity to short the stock market to make profits, so shareholders did not have a sense of resentment towards Wujiang Group, but a sense of admiration.

Just a month ago, Cheung Kong Industrial, Hutchison Whampoa, Hong Kong Electric, United Overseas, Chinese Real Estate, etc. successively announced the approval of shares to raise funds, raising a total of 10.3 billion yuan, drawing a large amount of funds from the market.

He was also praised for being prescient.

However, compared to Zhao Ye, it is only a small thing.

A Hong Kong financial newspaper collected detailed fundraising measures from the notices issued by listed banks in Hong Kong, Japan and the United States.

As soon as the newspaper was published, it immediately caused a huge sensation in the whole of Hong Kong!

"According to this newspaper's investigation, Galaxy Financial Company, a subsidiary of Wujiang Group, has sold all the shares of dozens of companies it holds before 'Black Monday', cashing out 12 billion Hong Kong dollars!"

"In addition, Wujiang Group has reached loan agreements with HSBC, Hang Seng Bank, Standard Chartered Bank and other banks, lending a total of 8 billion Hong Kong dollars!"

"I borrowed a trillion yen from the Bank of Tokyo, Japan Post Bank, Daiwa Bank, Sumitomo Mitsui Financial Group and other financial institutions, and converted it into dollars, which is almost 7.1 billion US dollars!"

"In addition, it has borrowed a total of $4.2 billion from U.S. banks such as Citibank and JPMorgan Bank......

"Today, Wujiang Group has an extremely large cash flow!"

"If Wujiang Group is willing to raise its arms for a while and rescue the market, the downturn in the Hong Kong stock market will improve immediately!"

With the publication of newspapers, the impact was enormous.

Countless Hong Kong shareholders petitioned outside the Hong Kong branch of Wujiang Group, asking Wujiang Group to save the market.

Hong Kong's richest man, Li Jiacheng, previously announced a bailout, however, his little financial resources still can't withstand the downward trend of the Hong Kong stock market.

It's called bailing out the market, but it's actually a bottom-copy.

Of course, Zhao Ye will also do the same thing as Li Jiacheng.

The bailout is just incidental, copying the bottom by yourself, copying and copying, won't the Hong Kong stock market rise?

Zhou Anping walked out of the door of the company and came to the petitioning shareholders, he looked around, impassionedly, and said loudly: "Hello everyone, I am the general manager of the Hong Kong branch of Wujiang Group, and I can understand your mood at the moment. However, please rest assured, Wujiang Group will not let Hong Kong's economy and stock market continue to fall, the group company is holding a meeting to study how to save the market, please go back and wait with peace of mind! ”

Zhou Anping pacified the crowd and then persuaded them to leave.

As for the so-called bailout, in fact, Zhao Ye had discussed it with Zhou Anping long ago.

Taking advantage of the stock market crash and taking advantage of the fire to rob, Galaxy Financial Company acquired banks, insurance, trusts, brokers, financial leasing, futures, funds, fund subsidiaries, fund sales, small loans, pawns and other companies with financial licenses.

Then there is the crazy dip in the stock market, such as Cheung Kong Industrial, Hutchison Whampoa, Wharf, Hong Kong Electric and so on...... A large number of promising enterprises.

Take the money borrowed from the bank to buy the bottom, wait for the stock price to recover, and then sell it, during which you can make a profit of at least 40%!

Wujiang Group itself also has a large amount of capital reserves, this stock market crash, not crazy to make a lot of money, how can it be worthy of the rare "Black Monday" in a century.

Wujiang Group's bottom-buying is a bailout behavior, which is not only not disgusted by people, but is also very popular.

In addition to buying the bottom in Hong Kong, Wujiang Group will also buy the bottom in the United States, Japan and Europe.

In the previous life, Hong Kong's stock market and economy were affected by the stock market crash and would remain in a downturn until the end of 1987.

So, let the bullets fly a little longer.

At this time, Zhou Anping couldn't hide his excitement, he had counted a large number of companies he wanted to acquire, and when the time was ripe, he could come forward to acquire all these companies.

Galaxy Financial will become a pivotal financial giant in Hong Kong in one fell swoop, and its business will even expand to Southeast Asia, Europe and the United States.

On the evening of November 1, Zhou Anping contacted the majority shareholder of Standard Chartered Bank, Australian businessman Robert Hum.

Ask him if he is interested in selling his stake in Standard Chartered.

Robert Holm is in a very bad situation right now, and the stock market crash has had a huge impact on his company.

Right now, Robert Houm needs a lot of money to keep the company running.

As a result, the sale of a stake in Standard Chartered became one of Robert Hum's choices.

"Mr. Robert Houm, the stock market crash broke out, the global economy will continue to decline in the future, at this time, 'cash is king', which company has a large amount of cash, it is easier to survive the economic crisis. Your company is currently short of funds and in jeopardy. So, why not cash out your stake in Standard Chartered Bank and get the money to save your own company? Zhou Anping said on the phone.

After hearing this, Robert Hum sighed helplessly, what Zhou Anping said, everything is reasonable, at the moment, he can only sell the shares of Standard Chartered Bank to save his company.

At present, everyone else is too busy to take care of themselves, and only Wujiang Group has a large amount of capital and can take over its shares.

"Mr. Zhou, I agree to sell my 10% stake in Standard Chartered Bank to Wujiang Group! However, what is the purchase price you offered? Robert Houm asked.

Zhou Anping was overjoyed when he heard this, and replied: "The purchase price is 750 million Hong Kong dollars!" ”

"No, this is too little, before the stock market crash, the market value of Standard Chartered Bank exceeded 10 billion Hong Kong dollars, and 10% of the shares were at least 1 billion Hong Kong dollars!" Robert Houm shook his head in vehement.

Zhou Anping said unhurriedly: "Mr. Robert Houm, the global economic downturn, Standard Chartered Bank has been greatly affected, the stock price has been plummeting, maybe after a while, the market value of Standard Chartered Bank will fall below 5 billion Hong Kong dollars!" ”

After a pause, he said lightly: "At that time, the shares of Standard Chartered Bank held by you may not be able to sell for 500 million Hong Kong dollars!" ”

When Robert Holm heard this, his expression hesitated, the global stock market crash caused by "Black Monday" was too violent, which made Robert Holm feel uneasy, he didn't know how long the economic crisis would last, when the global economy would recover, and at this time, the company held cash in order to survive to the end.

Standard Chartered's share price may continue to plummet.

"Mr. Zhou, Wujiang Group gave me 850 million Hong Kong dollars, and I can sell all the shares of Standard Chartered Bank!" Robert Holm said in a deep voice that he used more than 850 million Hong Kong dollars to buy 10% of the shares of Standard Chartered Bank, and now he can only admit it, but 850 million Hong Kong dollars is the bottom line he can accept. It's a big deal to raise money from somewhere else to get through it.

When Zhou Anping heard this, he felt that an increase of 100 million Hong Kong dollars would be worth buying 10% of the shares of Standard Chartered Bank.

Lest he have too many dreams at night, he promised: "OK, the deal, for 850 million Hong Kong dollars, the agreement needs to be signed as soon as possible." ”

"No problem!"

……

After Zhou Anping got the Australian businessman, he immediately went to lobby the ship king Bao Yugang.

Pao Yugang himself is a director of HSBC, and he does not have much luxury in Standard Chartered, and the reason why he invested in Standard Chartered Bank is also to facilitate financing.

As long as the interest is high, he can also sell the shares of Standard Chartered Bank to others.

Zhou Anping came to Bao Yugang's house, and after a brief greeting, he was invited to Bao Yugang's study to talk about things.

"Mr. Zhou, I'm a quick talker, if you have anything, please tell me directly." Bao Yugang personally made two cups of tea and smiled.

"Since Mr. Bao is quick to talk, then I'll say it directly."

Zhou Anping paused and said straight to the point, "That's right, Wujiang Group wants to acquire 10% of the shares of Standard Chartered Bank in your hands. ”

Bao Yugang smiled when he heard this, and nodded: "No problem, the shares of Standard Chartered Bank are not very important to me." However, if the price you give is right, I will sell it to you. ”

Zhou Anping said: "Our company is willing to acquire at a premium of 30% of the current stock price, and now the share price of Standard Chartered Bank is only 7 billion Hong Kong dollars, so the purchase price we give is 910 million yuan!" ”

Pao Yugang has deep pockets, no more than Australian businessmen.

The price is low, and he may not be willing to sell the shares.

Bao Yugang did not answer immediately at this time, but picked up the teacup and took a sip gently, not seeming to be in a hurry at all.

Seeing this, Zhou Anping knew that the other party was not satisfied with the price.

"Mr. Bao, how much do you say you are willing to sell your shares?"

"HK$1.2 billion!"

"Mr. Bao, the current market value of Standard Chartered Bank is only 7 billion Hong Kong dollars, and you ask me to spend 1.2 billion Hong Kong dollars to buy 10% of the shares, is this a bit inappropriate?"

Bao Yugang replied slowly: "Standard Chartered Bank, as one of the note-issuing banks in Hong Kong, has developed very well, and the reason why the stock price is only 7 billion Hong Kong dollars is mainly due to the impact of the stock market crash. I believe that in a year or two, the share price of Standard Chartered Bank will definitely rise, and I can wait until that time to sell my shares. ”

Zhou Anping shook his head and said: "Mr. Bao, how can you say that things will happen in the future, in case Standard Chartered Bank is not operating well, and the stock price will fall even lower in the future?" ”

Bao Yugang smiled and said, "I'm optimistic about Standard Chartered Bank!" ”

Zhou Anping smiled bitterly when he heard this, Bao Yugang himself is strong, and he does not need to sell Standard Chartered Bank to raise funds, and he believes that the market value of Standard Chartered Bank will rise in the future, and Zhou Anping has no way to take him for a while.

"Mr. Bao, I'll go back and discuss with the boss, then I'll leave first."

"Okay, I'll send you!"

……

Zhou Anping called Zhao Ye on the way back.

"Boss, Bao Yugang quoted 1.2 billion Hong Kong dollars, and he would rather keep it in his hands for a few years than reduce the price."

"1.2 billion is 1.2 billion, buy it quickly! At the same time, it quietly absorbed the shares of Standard Chartered Bank on the stock market. Also, test Khoo to see if you're willing to sell your stake in Standard Chartered Bank! ”

"Okay, boss!"

……

At noon the next day, Zhou Anping first signed a share transfer agreement with Robert Houm, an Australian businessman who came from afar.

When Zhou Anping signed, he couldn't help but feel some sympathy for Robert Hum.

850 million Hong Kong dollars was sold to 10% of the shares of Standard Chartered Bank.

And Bao Yugang sold the same shares, but received 1.2 billion Hong Kong dollars.

However, in business, it is no wonder that the Wujiang Group took advantage of the fire to rob.

In the evening, Zhou Anping visited Bao Yugang again, and the two reached an agreement in the study, and the next morning they formally signed the share transfer agreement.

So far, Wujiang Group has held a 33.4% stake in Standard Chartered Bank.

Among them, 3.4% of the shares were obtained by Wujiang Group at a low price in the stock market after the outbreak of the stock market crash.

However, it is definitely difficult to fully acquire Standard Chartered Bank, and the biggest obstacle to the acquisition of Standard Chartered is the regulatory approval and compliance process.

However, as an international bank, Standard Chartered Bank has great development potential and can bring a lot of help to Wujiang Group.

Zhao Ye does not insist on absolute control, so far, Wujiang Group is already the largest shareholder of Standard Chartered Bank, and can basically control the development of Standard Chartered Bank.

In addition, Zhao Ye also wants to develop a wholly-owned bank of Wujiang Group, Galaxy Bank, and through cooperation with Standard Chartered Bank, he will grow rapidly through backdoor eggs.

The financial world is big enough to accommodate more than N banks.

Standard Chartered Bank and Galaxy Bank of Wujiang Group can achieve a win-win situation.

……

Qiu Degen himself opened a bank, so he is actually very interested in Standard Chartered Bank, and if there is an opportunity to buy Standard Chartered Bank, he will definitely do it without hesitation.

It's a pity that the strength is not good.

Not only does he not have the strength to buy Standard Chartered Bank, but next year there will be a scandal of false accounting.

Zhou Anping tested him and asked him if he was willing to sell his stake in Standard Chartered Bank, but the result was self-evident and was rejected.

The advent of the stock market crash had a great impact on Qiu Degen's company, otherwise there would not have been any false accounting.

If he accepts the acquisition of Borderless Group, then he should have the funds to maintain the company's development, and he does not have to risk making false accounts.

However, he was still too greedy.

Don't you know that you can't have both fish and bear's paws?

When Zhao Ye learned the news, he asked Zhou Anping to cancel the acquisition plan.

When the scandal of Qiu Degen's fake accounts breaks out next year, Qiu Degen will not only have to give up ATV, but also let him give up the shares of Standard Chartered Bank!

(End of chapter)