Through the wealth life

Chapter 1143
At the critical moment when Hong Kong's stock market plummeted, a contact meeting between the financial circles and business circles of Xiangjiang hosted by Governor Wei Yixin was held in the Governor's Mansion.

This time, the leaders of the major families in Xiangjiang, the major financial institutions stationed in Xiangjiang, and the heads of various enterprises all attended the meeting.

Wei Yixin said heavily at the meeting: "Heung Kong Financial is facing the biggest challenge in decades. Affected by the global financial crisis triggered by the United States, our Hong Kong stock market has also been severely impacted. I hope that major listed companies can repurchase their own At the same time, I also hope that Xiangjiang’s financial institutions can enter the market to rescue the market, and the stable development of Xiangjiang requires the joint efforts of all of us.”

This financial crisis has been the biggest challenge to him since he took office as governor of Hong Kong. Wilson hopes that Hong Kong can get through this round of financial crisis as soon as possible to avoid regression in Hong Kong's economic development.

The impact of this crisis is too large and too wide, and all capitalist markets have been affected. Dozens of stock markets around the world have plummeted, and the market value of exchanges in several major financial centers has evaporated by hundreds of billions in a day. , the global market is likely to enter a depression, so the impact will be even greater.

During the meeting, the Xiangjiang government and the exchange decided to limit the daily trading volume this week.

At the same time, HSBC, Standard Chartered, and Hong Kong Bank, which are Hong Kong dollar note-issuing banks, are required to maintain the stability of Hong Kong's currency and avoid Hong Kong's financial collapse.

The meeting lasted for more than two hours. Wei Yixin communicated with Li Guangyu, Xiu Dalan, Keswick, Shi Huaiya, Lawrence, Feng Jingyao, Zheng Yutong, He Hongsen and others one by one, and invited these people to enter the market to save the market. .

On Tuesday, the Xiangjiang stock market plummeted again by 623 points, closing at 2990 points, falling below the [-]-point mark, which cast a heavy shadow on Xiangjiang stockholders and investors. If there is no good news, the Xiangjiang stock market tomorrow will I'm afraid it will continue to plummet.

Not only the Xiangjiang stock market, but also the major stock markets in Asia and Europe were affected by the sharp drop in the US stock market. On Tuesday, they all plummeted, with a drop of more than 10%. Countries are preparing to rescue the market, hoping to reduce investor panic.

The United States moved very quickly. On Tuesday morning, the stock markets of Asian and European countries were at the end. The U.S. government announced a bailout, calling on major listed companies to repurchase their own stocks. Feel panic.

At the same time, it supports major banks to continue lending to securities companies and investors, and to lower loan interest rates. The introduction of these policies, coupled with the start of buybacks by some companies led by Merrill Lynch, caused the New York stock market to no longer plummet like the day before. As of the close, The Dow Jones Industrial Average fell just 78 points.

The New York stock market did not plummet like Monday, which also gave some confidence to Asian stock markets. At the same time, various regions have also introduced policies to stabilize the stock market situation.

At 20:[-] am on Wednesday, New World Development Group announced to invest HK$[-] billion in Tseung Kwan O to build a commercial and residential complex.

At the same time, Xiangjiang Transportation Group announced that it will invest HK$15 billion to build an aviation city in the southeast of Xiangjiang International Airport, which will be used for the future accommodation of employees of Xiangjiang Airlines Group.

Hengyu Supermarket Group announced that it will invest 10 billion US dollars to build Hengyu Building in Sham Shui Po.

HSBC, Standard Chartered Bank, and Hong Kong Bank have successively announced that they will enter the stock market to maintain the stability of the Hong Kong stock market.

Shun Tak Group, where Ho Hongsen works, announced that the group will invest HK$50 billion to build Shun Tak Building in Tseung Kwan O.

The Xiangjiang government also announced that it will build a subway line from Hung Hom Station to Tseung Kwan O, so that Tseung Kwan O University Town can directly reach Tianshuiwei University Town by subway.

South China Electrical Appliance Chain Group announced that it will invest HK$5 million in outlying islands to establish a group storage center.

Heung Kong Electric, Cheung Kong, Sun Hung Kai, Shau Kee, Heung Kong Bank, Chow Tai Fook Jewelery and many other listed companies announced the repurchase of their own stocks.

A series of good news came out, and the plummeting stock market in Xiangjiang finally slowed down. Shareholders are no longer as panicked as they were in the previous two days. Now more sell orders in the market are foreign capital, and these capitals are probably preparing to withdraw from Xiangjiang. market.

They are not as simple as stockholders think. They think farther and have more information channels. Affected by the huge fiscal deficit and inflation in the United States, it is very likely that Hong Kong’s economy will suffer setbacks. After all, the Hong Kong dollar is directly linked to the US dollar.

Li Fuzhao's simple stock market on the exchange gradually stabilized, and he finally let go of his worries. In just two days, the Hang Seng Index plummeted by more than 1000 points. He really didn't want to have such an experience again.

At present, the Hang Seng Index is stable at around 2900 points, which is already a relatively normal figure. The previously inflated part has almost been squeezed out. If it falls again, the value of these listed companies will be seriously underestimated.

This point is the consensus reached by him, Li Guangyu, Feng Jingyao, Feng Yongxiang, Chen Youqing and others, to maintain the current point, allow fluctuations up and down, and protect the market when the stock market falls.

In the Tianyu Investment Department, Li Guangyu is now mainly listening to Sun Jianping's report on the US stock market. They have already started to liquidate their positions yesterday. As for the Xiangjiang stock market, Li Guangyu is not too worried. In the market, the Xiangjiang stock market will not fluctuate too much.

Sun Jianping said: "Li Sheng, as soon as the U.S. stock market opened, we started liquidation operations. The liquidation went smoothly yesterday, and we have completed one-sixth of our orders in the U.S. stock market. We will continue to trade in the future and close the transaction at the latest. It will be our futures trading deadline."

Li Guangyu didn't criticize anything. This time, Tianyu Investment Company placed 400 billion US dollars of orders in the US stock market through leverage. Yesterday, it was not easy to deliver more than 60 billion US dollars of orders in one day.

Moreover, as the U.S. stock market stabilizes, many long positions have seen hope, and they are really unwilling to settle now. There are very few new long investment institutions. After all, the world is still affected by the stock market. For new long positions, it is impossible for Li Guangyu to clear the empty orders. After all, he needs to buy and return them, and he can't pay them back without the orders.

Now while selling, they are waiting for the trading deadline. When the trading deadline arrives, they will be able to deliver according to the futures contract.

Li Guangyu said: "Now we will look at the follow-up impact of the US stock market. Our other stock markets have also begun to liquidate their positions. The stock markets in these regions have not stabilized. I believe that many people who have a lot of orders in their hands hope to sell them as soon as possible. Hurry up over there in America."

"Sheng Li, I will inform you immediately. I believe this operation will be successfully concluded, and we will withdraw faster than those on Wall Street."

This time, Sun Jianping's capital account did not go directly to Tianyu Bank and Xiangjiang Bank. This time, their funds will only come back after a round trip in Eastern Europe. The possibility of being traced to the head is much smaller.

This time, it was possible to make such a change, thanks to Gan Qinglin's hard work in the past few months and the economic reforms of the Soviet Union. Now Tianyu Bank has established a branch in Hungary.

Li Guangyu said: "You should pay more attention to the futures market. Those people on Wall Street in the United States will never give up easily if they haven't got enough benefits. After Japan withdraws, they can join hands with Japan to buy shares in the Japanese stock market. By the way, cheat those people on Wall Street."

This time, Li Guangyu made very few orders in the Japanese stock market, and mainly focused on the United States and Western Europe, in order to prepare to exploit the American consortium in the Japanese market.

This time, the major conglomerates in Japan are obviously not willing to cut leeks from Wall Street in the United States. When Xiangjiang is saving the market, Japan will definitely not be idle, and the counterattack is expected to come soon.

Moreover, Li Guangyu is very clear that Japan is definitely one of the countries that Wall Street in the United States will focus on this time. In the past few months, the futures trading on several major stock markets in Japan has been very active, and there are many short-selling institutions. If there is no handwriting from Wall Street, Li Guangyu I won't believe it.

……

(End of this chapter)