The Wealth Empire Crossing the Hong Kong

Chapter 294 Black Thursday

With the Commercial Crime Investigation Division and Joint Investigation Team successively stationed in Carrian Group, and the group's largest shareholder and second largest shareholder both fled Xiangjiang, many problems were quickly found out.

Hong Kong Stock Exchange issued an announcement at noon that Carrian Group will be suspended from trading. After the review is completed, Carrian Group will be delisted.

As soon as the news came out, countless investment institutions and stockholders were filled with anger. This was not only for Carrian Group, but also for Hong Kong Stock Exchange. Loss.

Li Jianhui was also affected by Chiyu, especially the stockholders who only took over the shares of Carrian Group for more than a month. They resented that Li Jianhui didn't announce it when they knew Carrian's financial fraud, so that they had to bear such losses, but Xinjian Investment Company He escaped safely and made a lot of money.

The business dealings of the two major banks, Hang Seng and Hang Lung, have also been spread, especially the news that huge loans will become dead debts has caused panic among countless citizens.

As soon as the market opened that afternoon, the stock prices of the three major listed companies, Hang Seng, Hang Lung, and HSBC, plummeted. Hang Seng and Hang Lung fell by nearly 20% in less than half an hour, and HSBC, the leader, also fell by nearly 10%.

Affected by this, Hong Kong's three major stock indexes not only did not rebound in the afternoon, but continued to fall. The Hang Seng Index and the Kowloon Index hit new lows since the adjustment in October. Although the East Asian Index was better, it was not much better.

All the stocks on the screens of the three major exchanges are displayed in red. If this is the big A-share in the future, it will be a carnival for shareholders.

It's a pity that this is Xiangjiang, the green is rising and the red is falling, and the screen is full of red, which breaks the hearts of all investors.

Although Li Jianhui said at the press conference that Carrian Group was just an isolated case and most of the listed companies’ finances could stand the test, this still could not dispel the concerns of shareholders. Until the end of the afternoon, the three major stock indexes did not show any rebound. trend.

According to the statistics of interested people, Wheelock Land, Wheelock Holdings, Xinjian Bank, Whampoa Holdings, Hutchison Land, Lane Crawford, Watsons, Jiayi Group, Taohua Datong, Huangpu Shipping, Jin Princess, the total market capitalization of eleven listed companies has decreased by nearly five billion Hong Kong dollars in just one day today, and Cathay Pacific Airways has disappeared.

Of course, other forces are not much better. Today, HSBC’s total market value has decreased by nearly [-] billion Hong Kong dollars. Huihong Group, the second largest listed company, has also lost nearly [-] billion Hong Kong dollars due to the impact of the market.

Standard Chartered, CLP Power, Jardine Holdings, Swire, Jardine Land, Wharf, etc. are also not feeling well, and their market value has dropped by at least one billion Hong Kong dollars.

Just the Carrian Group doesn't have such a big impact, even with the addition of Hang Seng Hang Lung.

The main problem now is that shareholders and investment institutions do not trust the financial statements of listed companies on the three major exchanges. Many shareholders and small and medium-sized investment institutions choose to sell stocks at this time and hold funds in their hands. Consider getting into the stock market.

If there is no action from all parties, I am afraid that it will not only be Black Thursday, but it is very likely that Black Friday will be staged tomorrow.

Li Jianhui is not in a hurry about this. Anyway, these companies under him have no loans, and whether the stock market falls or not does not have much impact on them, and the company's capital chain will not be tense because of this.

On the contrary, Li Guobao, Zhang Guangwen, Lei Juekun, Feng Jingyao, Guo Zhiquan and others were a little panicked. They gathered at Xinhui Hotel that night to discuss how to stabilize their company's stock price and avoid risking capital chain risks.

Li Guobao sighed: "Jianhui is still relaxed, with no debts and a light body. There is no need to worry about the stock market crisis at all. Even if it falls to the impact of delisting, it will not affect the control of the company."

"Guobao, don't lament Jianhui. We don't have the ability to create wealth as quickly as Jianhui, so we can only accelerate the expansion of our industry through loans.

Now we are still discussing how to maintain the stock prices of our companies. If it continues to fall like this, it will affect our development.

Especially from next month, we will enter the Japanese real estate market, and we must have sufficient funds. "

There are not many ways to maintain the current stock price, or even rebound. The most effective way is to save the market.

As for the release of some good news, it is estimated that it has little effect now, and now shareholders and small and medium-sized investment companies are full of distrust of major listed companies.

If everyone suddenly sends good news at this time, it will make people think that there is something wrong with their company and accelerate the escape of these shareholders.

Li Jianhui is also aware of the situation of each company, regardless of the assets of billions of dollars, but the funds in his hand are not much, and the amount of loans to his companies is also quite large.

This time, the Xinjian department should act as the main force to protect the market, and try not to let the stock price fall too much.

"Protecting the market must be protected, but this will have to wait until the end of tomorrow afternoon, so that we can not only ensure that the stock prices of our major companies are relatively stable, but also make a small profit."

There is a two-day buffer on Saturday and Sunday. Li Jianhui believes that the Securities and Exchange Management Office and the government have sorted out the matter, and this wave of panic has also been calmed down. Companies with no problems next week will inevitably have their stock prices rebound.

None of the people here are fuel-efficient lamps. Several of them have banks or investment companies in their hands, and they all have securities trading licenses in their hands. This time they have an opportunity, so naturally they don't want to let it go.

Li Guobao, Feng Jingyao, Guo Zhiquan, Chen Zhiyong and others all expressed their opinions to echo Li Jianhui's opinion, and they will enter the market at [-]:[-] tomorrow afternoon.

Everyone also asked about the situation of Li Jianhui's press conference in the afternoon, especially the accusation that Li Jianhui knew that Carrian Group's financial fraud was not disclosed and reported.

"There is no big problem in this aspect. Carrian Group has nothing to do with me, and I don't know whether its financials are fraudulent. I can only say that I suspect that there may be problems.

This time, if we want to talk about responsibility, it is also the Hong Kong Stock Exchange, the Hong Kong Stock Exchange Management Office, and even the Commercial Crime Investigation Bureau.

As for some negative effects, it doesn't matter, what will happen to the follow-up development, if these people are not greedy, how can they suffer such losses. "

Chen Zhiyong was very happy to hear Li Jianhui's words. He always felt that Li Jianhui paid too much attention to the so-called image and external public opinion, which was not good for Li Jianhui and even the Xin Jian Department.

A clear example, even though the Donghua Society has been suppressing Xiangjiang housing prices for more than a year, these citizens will still only regard them as capitalists and will not think of them at all.

If it weren't for everyone's plan to focus on the Japanese real estate market, they would definitely not want Li Jianhui to continue to suppress housing prices. In their view, as long as they get the benefits, it doesn't matter if they bear some infamy.

Why do they still do things when they can't get good things done? They don't get good things anyway, so why bother with their wallets.

Although Li Jianhui was able to speak for himself in Donghuahui, some of his ideas were not recognized by Li Guobao and others.

(End of this chapter)