The Wealth Empire Crossing the Hong Kong

Chapter 299 Intraday Suspension
On Monday morning, the mood of stockholders was divided into two levels. Most of them felt that the dark clouds in the sky had dissipated, and the bright sunshine was shining on the earth, and the prices of the stocks they bought straight up.

However, there are also a small number of stockholders whose hearts are cold. Through the unannounced audits in the past few days, a total of 17 companies have found problems with the financial statements released to the public.

These more than a dozen stocks were in the opposite state to the broader market today. In less than an hour, the decline reached 20%.

This is not over yet. At [-]:[-] in the morning, the Far East Exchange issued an announcement. In order to protect the interests of the majority of shareholders, Shixin Building Materials and Yuen Long Plastics will suspend trading in an emergency. They will not resume trading until the real financial statements of the two companies are released.

This is definitely a precedent in history. The suspension of trading in individual stocks has never happened in the Xiangjiang stock market. Shareholders have mixed opinions on this, especially those who came in today to take orders.

The shareholders of these two companies are still very familiar with them, and they have a close relationship with Donghuahui. They came in today to block them, to see if Donghua will save these two companies.

Unexpectedly, what was waiting was not the resumption of trading by Donghuahui, but the suspension of trading on the Far East Exchange. Even though the announcement stated that trading would resume after the real financial statements of the two companies were released, these people still regretted it.

They just want to play a short-term game and sell Donghuahui after the stock price rises. They didn't expect to become long-term shareholders now.

Compared with the shareholders of these two companies, the other dozens of companies were even more miserable. As soon as the news of the suspension of trading of these two companies came out, the shareholders feared that the United Exchange and the Kowloon Exchange would also suspend trading of these companies, and sold their stocks one after another. As a result, the stock prices of these companies have plummeted, even if they have the power to save the market, they are powerless at this time.

And one of the instigators is arranging matters at the Xinjian Investment Department of Wheelock Building. Although there are some problems in the financial announcement of these more than a dozen listed companies, he still has a good eye for a few companies and won these few. Home is a great addition to the Xin Jian Department.

Affected by the suspension of Shixin Building Materials and Yuen Long Plastics, it is impossible for these companies to hold shares except for major shareholders, regardless of retail investors or investment institutions.

At eleven o'clock, Li Jianhui gave an order, and the staff of Xinjian Investment Department began to be busy, making calls continuously, and several major trading seats of Xinjian Investment in the halls of the United Exchange and Kowloon Exchange were also busy. operating.

Due to the low penetration rate of technology and home computers, the three major exchanges in Xiangjiang currently have a local area network in the exchange, which can use computer transactions, but cannot conduct transactions outside the exchange, so now the major investment companies in the exchange There are trading seats on the floors of several major exchanges.

Compared with the past when there was no computer trading market, traders were required to write down the buying and selling stock codes and prices on the board. Now it is much more convenient.

Moreover, the current exposure risk is lower than that of a few years ago. Only the backstage terminals of the two major exchanges can see the sweeps of the Xinjian Department, and these securities institutions in the hall seats are not clear.

Wu Guangzheng, chairman of the Kowloon Exchange, was discussing with the management of the exchange whether he should learn from the Far East Exchange and suspend the five companies with financial problems when he heard a knock on the door.

"Please come in."

终端管理的杜兴明走了进来，并且出声道：“吴生，我们后台终端发现大厅006、007、008、095、096、097、236、237、238、467、468、534、535、647、691席位在快速收购溢辉电子公司、嘉瑞电机公司、佳丽家具公司的股票。”

Those present are all the management of the exchange, and they probably know the power of the representatives of the trading seats. 006, 007, and 008 are East Asia Securities, 0095, 096, and 097 are Daoheng Securities, and the others are Xinjian Securities and Yongan Securities. , Xinhui Securities, Guanghua Securities, Haojiang Securities.

Wu Guangzheng usually focuses his energy on Wharf, and he is not very familiar with this aspect. Huang Zhongqin, the vice chairman of the exchange, immediately explained to him the power represented by these seats.

At this time, he didn't understand that the suspension of Shixin Building Materials and Yuen Long Plastics was probably not to protect the interests of shareholders, but more to these companies.

In normal times, these companies have no major problems, but these companies have fallen by nearly 50% in the past few days, and their market value has been cut in half. Both retail investors and institutions are running faster than anyone else. At this time, Donghua will come in to buy the bottom , It is entirely possible to eat these companies.

And because multiple institutions are acting at the same time, it is unlikely to trigger the 35% mandatory acquisition red line.

At this time, it's up to the controllers behind the companies to take care of them. If they don't, I'm afraid that after a day or two, these companies will not belong to them.

Speaking of which, this time Donghuahui is a bit dishonest. The controllers of these three companies have a good relationship with the three consortiums behind them in the Kowloon Exchange, otherwise these three companies would not have stayed in the Kowloon Exchange.

In particular, Jiarui Electric Co., Ltd. has cooperated very well with the mainland for more than a year. It is also a probationary member of the Xianghua Club. If there is no accident, it will become a full member of the Xianghua Club at the annual meeting of the Xianghua Club next month.

Facing the Donghua Club, Wu Guangzheng did not dare to decide this matter by himself. He told the management to wait while he hurried back to the office and called the charter king at the global shipping headquarters to ask how to deal with the matter.

After listening to his son-in-law's report, the charter king sighed in his heart. In fact, he knew very well that it was impossible for the several major financial groups to coexist peacefully. Although the several parties had reached some consensus before, it was impossible to completely eliminate the disputes between the several parties.

Especially now that there are many internal problems in the joint camp, Hang Lung has suffered heavy losses, HSBC has suffered heavy losses because of Hang Seng, Jardine and Swire have shrunk their forces to protect themselves, and Standard Chartered has also shifted its focus from Heung Kong.

As a result, the pressure of the four Chinese consortiums facing the joint camp is not great. At this time, the parties obviously will not be too peaceful, but what the charter king did not expect was that Donghua would make a move so early.

Moreover, he was directly aimed at Xianghuahui as soon as he came. It seems that Li Jianhui will regard him, Cao Guangbiao, Hu Yinxiang and others as opponents for a while in the future.

Although I don’t understand that Li Jianhui does not choose Feng Jingxi, Li Zhaoji, Guo Desheng, etc. from the Huaxin Club, which is strong and backed by the California consortium, nor Zheng Yutong, Qiu Degen, etc. from the New Asia Club, which is supported by the two consortiums of Paribas and Deutsche Bank. , and set the target on them.

But the charter king had no intention of backing down. He ordered Wu Guangzheng to learn from the Far East Exchange on the phone, and directly suspend trading of the five listed companies with problems during the noon market break.

After hanging up the phone of Wu Guangzheng, Charter King immediately contacted all members and potential members of Xianghua Club.

Facing the powerful and menacing Donghuahui, they must be mentally prepared.

The chartered ship king is still young. When he was young, he was able to compete with Xiangjiang and even the world's ship king, and sat on the world's number one ship king. Now he is also confident that he will lead Xianghua to occupy a place in Xiangjiang.

Whether it was the previous joint camp, or the current Donghua Association, or even the Huaxin Association and the New Asia Association, he was not afraid at all.

And he believes that Xianghuahui is the one with the greatest advantage among the major consortiums. As long as the mainland develops rapidly, their Xianghuahui's strength will also grow at a high speed.

In terms of relations with the mainland, their Xianghua Club has an advantage over any consortium in Xiangjiang, and the cooperation with the mainland is also closer.

But the Chartered Ship King didn't know that it was precisely because of this advantage that Donghuahui was eager to attack Xianghuahui.

Xiangjiang is so big, Donghua Society does not want a force to compete with them, especially Xianghua Consortium also has good strength in manufacturing, which Donghua Society does not want to see.

Regardless of whether it is Huaxin or Xinya, these two main businesses are finance, real estate, media, and manufacturing. They don’t have much strength. Will Donghua take it too seriously? Only Xianghua will probably It is the strong enemy of Donghua Society.

(End of this chapter)