Through the wealth life

Chapter 1131 Wrong Information

Seeing the arrival of the delivery date, the hot money finally started to move. On Friday morning, as soon as the Xiangjiang Exchange opened, there were huge orders for smashing orders on the stock market, and the Hang Seng Index, which had grown for several days, immediately began to fall.

The volume of sell orders that appeared this time was very large, and many of them were stocks of blue-chip companies on the Xiangjiang Exchange. The confrontation started again.

As for whether the Li Consortium can stabilize the current situation this time, Xiangjiang stockholders dare not be 100% sure. With so many sell orders, many stocks of the other party are shipped together this time, and ordinary people simply cannot accept them. Funding is a huge problem.

The other party is obviously going for the Li's consortium this time, and now it depends on who has more funds and who has more bargaining chips.

Sun Jianping didn't give hot money any chance at all. As long as there were sales orders, he would accept them all. He had prepared enough funds today. It is jointly financed by Tianyu Bank, Heung Kong Bank, Bank of East Asia, Heung Kong Asian Commercial Bank and Sun Hung Kai Bank with US$80 billion.

Not counting the 100 billion US dollars in the gold futures market and the 100 billion US dollars in the major stock markets, the cash he can use now has reached 336 billion US dollars, which is enough for him to sweep all the floating stocks in the Xiangjiang market, even those listed companies. Sun Jianping will not be too worried about cashing out his own shares.

Companies with relatively large market capitalization are controlled by the Li consortium and its allies. Except for CLP, HSBC, Jardine, Wharf, and Standard Chartered, the others do not pose much threat to him.

In the investment department of Citibank, representatives of several funds looked very unhappy. A young lady said, "Swat, what kind of information did Citigroup get? How many sell orders have been smashed out, and they are still continuing to eat. If this continues, the Hang Seng Index will not drop much today. You must know that the final delivery time of our futures contracts will be at [-]:[-] pm, and the Hang Seng Index at [-]:[-] will determine our futures success or failure."

The lady was quite unhappy. Citigroup gave them information that the Lee consortium itself did not have much funds, and its allies lacked enough cash. At present, the Lee consortium still owes the Japanese consortium 50 billion US dollars and has not returned it. Allies of the Lee consortium, such as Real Group, Shun Tak Group, IMC Group, and Sun Hung Kai Group, also owe loans to many Japanese banks.

Although there are quite a few listed companies in the Li's Consortium, the Li's Consortium is also expanding rapidly and spending a lot of money, so they judged that even with the help of allies, the amount of cash that the Li's Consortium can use will not exceed tens of billions of dollars.

Since the most profitable groups of the Li Family Consortium have not been listed, especially the Tianyu Financial Group, it is difficult for the outside world to know the specific financial situation of the Li Family Consortium.

Don't look at these funds on Wall Street, they are going to be windy and rainy, but the usual cash flow of these funds is not very good. If they don't rely on leverage, they can't shake the stock markets everywhere.

The leverage used by the Li's consortium must be done by their own bank. This time they deliberately contacted other large banks in Xiangjiang and would not provide leverage to the Li's consortium.

However, the leverage provided by the banks under the Li Family Group is limited. The capital of these banks is not very strong. Tianyu Bank is strong enough, but unfortunately it is not transparent, so there are many restrictions on leverage.

As a result, the sales orders they put out today have already exceeded 100 billion US dollars. The Li's consortium is still sweeping goods, and there is no shortage of funds at all.

If it weren't for No. [-] Citigroup taking the lead here, they would have suspected that Citigroup was going to trick them, and the information Citigroup gave them was seriously inconsistent with the actual situation of the Li's consortium.

Moreover, the shareholders of Xiangjiang and some shareholders of listed companies are also weird. They clearly know that today is the highest price of the stock price, and they still don't sell it. This makes it a luxury for them to want to drive shareholders and shareholders to sell.

Their calculations are good, but it is a pity that the shareholders of Xiangjiang who have stocks in their hands believe that the Li Consortium will not let them suffer. After all, what they hold are basically the stocks of listed companies of the Li Consortium and its allies.

And the shareholders of those listed companies will not jump out at this time. They don't want to offend the Li's consortium for a little profit at this time. They still want to develop in Xiangjiang, and it is very worthless to offend the Li's consortium.

Jefferson Swart knew that many fund managers present were very dissatisfied with him and Citigroup. If they could not suppress the Hang Seng Index today, they would suffer a very large loss. This is definitely not what they are willing to accept.

As for the intelligence issue, this is the information he got from a high-level executive of the Tianyu Financial Group. He learned from him that the Li's consortium has expanded rapidly over the years, and the major groups do not have much profit left. The group's backlog of payments is growing.

The funds obtained by the Lee Consortium after listing in England were also invested in Eastern Europe, and they were not transferred here at all.

In order to verify the authenticity of the information, Citigroup also specially bought the senior management of the Bentley Group to understand some of the situation, and is still investigating the situation in Japan. The Li’s consortium has entered the real estate industry there, and Xingyue Real Estate Group still has billions of dollars. loans, and the loans of its allies add up to nearly tens of billions of dollars.

In addition, this year, the Li’s consortium established the Jiadai Group, the Petrochemical Group, and the South China Electric Group. Many groups are also expanding at a high speed, which requires massive financial support. The estimated 100 billion US dollars for the Li’s consortium is already is pretty overrated.

It now appears that their so-called intelligence is simply a false news that lured them into the pit. The amount of funds of the Li consortium is definitely not what the intelligence said, maybe more than 200 billion US dollars.

Not to mention targeting the Xiangjiang Exchange this time, even if the next action on the global stock market, Xiangjiang is still a trap, the strong capital of the Lee consortium is enough to protect the basic market of the Xiangjiang Exchange, unless the total market value of the Xiangjiang stock market grows stronger Five to ten times, this may also drive the market to break through the protection of the Lee consortium, otherwise it is better to avoid the Xiangjiang stock market, and the same is true for the Taipei stock market.

The market capitalization of the stock market is too small, and Li's consortium relies on its strong funds. It is not afraid of hot money to attack the stock market. The funds in his hand are sufficient to deal with any attack.

Jefferson Swart said aloud: "This time, our information was wrong, which is why this happened, but I believe that next time, the victory will definitely belong to us. The total market value of Xiangjiang stock market is too small, and the market value of floating shares is even higher. We also underestimated the amount of cash in the Lee consortium, this time everyone should try to lower the Hang Seng Index, so that we can avoid some losses."

He will definitely not just let it go. With the development of Xiangjiang, the total market value of Xiangjiang will become larger and larger. It is impossible for the Li's consortium to protect the huge market of Xiangjiang Exchange. At that time, they will let Li's The consortium spit out a hundred times what they ate now.

(End of this chapter)