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Chapter 291: Mergers and Acquisitions Come to an End

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    (Note; after careful consideration, because of the large-scale wedding, high-end people from foreign political and business circles will appear on the stage, and there will inevitably be some domestic bigwigs appearing on the stage, which will involve the appearance of the government and the police with great fanfare. After repeated consideration, I still gave up this idea, so in  In the description of the story, I intentionally avoided the minefield, and I hope everyone can understand it. If you can¡¯t see anything after being blocked, it¡¯s better to go around and update it. I¡¯m asking for a monthly ticket again, and I¡¯m asking for a recommendation.)

    "Wow, so awesome!"

    When Wang Yaocheng saw the London report, he couldn't help blurting out.

    He also didn't expect such a brilliant result. The operation of big funds is often calculated on an annual basis. He didn't expect Richard Trier to be so caring, and he specially found a fool from Chicago, but he fooled everyone.

    When the two sides of the London Stock Exchange are fiercely confronted;

    ?The stock price of HSBC Bank is running at a high level, and the price is held up by large purchase orders from time to time. All the millions or even tens of millions of shares listed above are short-sold, and the coalition forces will wipe them out without hesitation. The strength is amazing.

    The convulsions of this round of bastard punches made people think that some mysterious big consortium had entered the arena, and everyone was stunned.

    As a result, the experienced investment funds and speculative funds in London were all misjudged and dragged into the water.

    Wang Yaocheng laughed so hard that he couldn't see his teeth; "It's awesome, it's awesome! Now that a David satellite has been released, the average price of the reduction can reach 3.42 pounds per share, tsk tsk tsk, this is a big profit, what a great gift!"

    Wang Yaocheng thought about the request of the Royal Family Fund to return the carbine, and still set restrictions on the email sent back;

    The low position can be accepted, and the high position cannot be chased.

    Although this limits the operations of the Royal Family Fund, Wang Yaocheng has his own ideas;

    ?Without the concept of mergers and acquisitions, the stock price of HSBC Bank will not be able to recover in a short while, at least to allow time for large and small funds to lick their wounds, and there is still a chance to buy stocks at a low price.

    Grind slowly at a low position, no rush anyway.

    The BlackRock Group suffered a lot from this battle, Wang Yaocheng was not interested in helping them out, and those idiots also had no ability to push the stock price up again.

    Without the concept of mergers and acquisitions and performance support to push upwards, there is no room for imagination at all. If you treat others as fools, you will only die ugly.

    What's more, it is already January 1997, and we need to prepare more funds to survive the cold winter.

    The most famous "counter-cycle and reverse growth" of the Samsung Road, buddies are here, ha ha!

    London

    After the stock exchange opened on January 9

    The much-anticipated HSBC stock jumped from 2.68 pounds per share to 2.42 pounds and opened lower. It opened at -9.7%, and fell into the abyss along a steep downward curve, breaking through 2.4 pounds and 2.3 pounds.  , Strong support appeared between 2.23 and 2.25 pounds, and the stock price fluctuated slightly.

    Five minutes before the close of the market in the afternoon, a huge amount of selling orders suddenly appeared, and the stock price instantly broke through the 2.2 pounds, 2.1 pounds integer mark, and finally barely held the psychological mark of 2 pounds per share.

    January 10

    ? Slight consolidation, always holding the psychological mark of 2 pounds per share.

    During the period, there was a strong counter-drawing, which ended in vain due to the heavy selling pressure. A long upper Yin line was left on the daily K-line chart, and the trading volume enlarged again.

    January 11

    The stock of HSBC Bank gapped slightly and opened lower. After opening at 1.96 pounds, the stock price fluctuated repeatedly around 1.96-1.89 pounds.

    So far, the BlackRock Group has basically given up resistance.

    At the close of late trading, HSBC shares closed at 1.67 pounds per share.

    January 12

    Royal Family Fund once again issued a shareholding reduction announcement, reducing its shareholding from 7.54% to 4.43%, a decrease of more than 3%, reminding market participants to pay attention to risks.

    This time, the news that the royal family fund has reduced its holdings and left the market is completely confirmed. The hope of waiting for the next wave of reinforcements is infinitely slim, and many funds and investors have begun to cut their flesh and leave the market.

    ? The swarming selling pressure brought the stock price back to its original shape, and the stock price fell terribly.

    A week later, the share price closed dismal at a low of ¡ê1.16.

    It's like riding a roller coaster;

    HSBC's market capitalization experienced a peak of 38.2 billion pounds (60 billion U.S. dollars) and returned to a trough of 11.6 billion pounds (18.2 billion U.S. dollars). Such a low stock price appeared three years ago, which is simply unbearable.

    ? Shortly thereafter, the BlackRock Group officially announced;

    ? Group Vice President, Senior Partner Richard Terrier ???In order to cause heavy losses to the group, the shares will be completely withdrawn, no longer hold any position in the group, and the relevant economic responsibilities will be investigated.

    The Crown family in Chicago broke out a serious debt default problem, with book losses of more than 1.89 billion U.S. dollars, and was successively pursued by relevant banks. Its century-old Esmark Corporation and United Foods Corporation, as well as ten other joint meat processing companies, were all arrested by creditor banks.  take over.

    The reckless behavior of George Crown from Chicago caused irreparable and heavy losses to the family. Most of the funds he brought to London came from bank mortgages.

    ? Even the old white money family will not deposit a huge amount of US dollar cash at home.

    According to the temperament of the old white money in Chicago, most of them will buy land or invest in fixed assets, which are good collaterals that banks like.

    The problem is that the land in the United States is not valuable.

    Millions of hectares cost less than 1 billion U.S. dollars. No matter where the banks are, they always push the highs and step down the lows, so as to reduce their own losses.

    Otherwise, medium-sized regional banks cannot bear such a large loss.

    A sudden loss of 1.89 billion U.S. dollars, and the annual interest is 90 million U.S. dollars. How much grain should be grown and how much pork sold?

    ? When the news came back, the other Chicago consortium families were immediately banned. Everyone said that they were not familiar with the Kron family, and cut ties one after another.

    The Kron family must be hopeless if they fall into the water. At this time, they will take themselves down with them. At least the bank will keep a close eye on the family, and it will be difficult to expand production with loans.

    Once the century-old Crown family collapsed, it really surprised everyone.

    Finance is too dangerous to be played by ordinary people.

    ?Afterwards, in mid-February, HSBC Bank held a general meeting of shareholders, but Royal Family Fund did not send a representative to attend.

    ? Has been elected by shareholders;

    Lawrence, vice president and senior partner of BlackRock Group, serves as chairman and president of HSBC.

    ? Senior Partner Norwell serves as the Vice Chairman and Chief Executive Officer of HSBC.

    Senior partner Mr. Smith served as the CEO of HSBC Bank, and firmly controlled the overall management of HSBC Bank.

    The Eaton family and the Humphrey family of the Cleveland consortium each hold two director seats. After paying a heavy price, they have a good voice.

    HSBC's general meeting of shareholders did not boost the stock price. Instead, the stock price fell, further falling to a dismal level of 1.05 pounds per share, and the trading volume was extremely shrinking.

    In this operation, although the equity of the Royal Family Fund has further decreased, in fact, the scattered equity is held by the seats of other institutions under its command, and a lot of it has been collected when the meat-cutting plates swarm out.

    ? According to the final statistics, the main trading seat of the Royal Family Fund holds 4.43% of the equity, and all other seats together reach 6.02%, with a total of 10.45%, which is quite impressive.

    Because these meat-cutting chips are cheap, the overall amount of funds in hand is still as high as 9.317 billion pounds, or 14.637 billion U.S. dollars.

    According to the fund transfer order, the London office transferred back 8.5 billion pounds to the Hong Kong headquarters, leaving only 817 million pounds in London, which was earmarked for slowly absorbing HSBC shares at the bottom.

    The time is tentative; one year.

    Most of the personnel were also evacuated from London, and in the end only the Deputy Director Macaulay King's team was left to implement the long-term bottom absorption plan.

    ? The first HSBC merger and acquisition plan came to an end. Although the purpose of the merger and acquisition was not achieved, the ending was perfect.

    ? According to the established rules in the financial world, the Royal Family Fund has generously rewarded the relevant traders, and a group of billionaires have been born. Of course, the calculation is in Hong Kong dollars.  (Remember the site URL: www.hlnovel.com
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