Through the wealth life

Chapter 348 Response from the British Consortium
Li Guangyu conducted a large number of short-selling of companies under the British consortium on the Hong Kong Stock Exchange. How could these consortiums have not received the news.

At nine o'clock in the morning on June 6, Nubijian contacted John Szehuaia and John Madden to discuss the countermeasures for the Lee Group's short-selling of their companies.

In the Jardine Matheson Group's headquarters Newbikin's office, these people sat opposite each other, discussing the purpose of Li Guangyu's action.

Newbijian said: "According to the information we have so far, Tianyu Securities of Li's Group has poured [-] million Hong Kong dollars into the bearish view of our major groups. How much agreement was reached, I don't know yet."

Li's consortium is now a huge threat to their British consortium. The total assets of any of their groups cannot be compared with that of Li's group. Most of the companies are not listed. In major banks and investment banks, they are all The valuation exceeds 500 billion Hong Kong dollars.

This time the Li Group suddenly short-sold the listed companies under their major groups in the futures market, which made them very puzzled.Xiangjiang's economy is still developing at a high speed. Regardless of whether the stock market or the property market are booming, there is no sign of the stock market slowing down at all.

Even if Li's Group wants to suppress their company, it shouldn't be entering the futures market. With the abundant cash of Li's Group, if it is in the spot market, their group may not be able to withstand it, especially those who do not have Absolutely controlled listed company.

John Shuaiya said: "Nubijian, how do you understand the comparison, and what do you think of Xiangjiang's future economy?"

Niu Bijian said: "Shi Huaiya, Ma Deng, I am very optimistic about Xiangjiang's economy, I think you are the same, otherwise your group will not expand rapidly in the past two years. It's just that some of Li Guangyu's practices still make me I am a little worried. It is said that he is not optimistic about Xiangjiang’s economic development in the next few years, and even real estate companies will not develop in Xiangjiang.”

Although Li Guangyu and the Jardine Group often had conflicts, Niu Bijian admired Li Guangyu's vision for the group's development, and this time Li Guangyu's series of operations made him a little less confident about his own ideas.

John Madden is quite confident in Hong Kong's economy, especially after the stock market crash in 73, Wheelock has finally regained the momentum of the four major foreign firms after several years of suffering, and he is thinking about expanding his business in a big way.

John Madden said: "New Bijian, I see that the several competitions between your Jardine Matheson Group and the Chinese-funded consortium have shattered your confidence, and some of Li Guangyu's views are only believed by his allies. Look at the same The Hang Lung Group, which is owned by the Chinese, has united a large number of Chinese-owned families to snatch the development rights of the property above the subway station from us, and now it is starting to develop, do you think they have no confidence in Xiangjiang?"

John Shuaiya is very confident in Hong Kong's economy, but the Swire Group is not as aggressive as Jardine and Wheelock. They did not merge too many groups, but concentrated on operating some industries they controlled, so they did not Don't worry about Li's Group's acquisition of its own listed companies in the stock market.

After hearing John Madden's words, Newbijian also strengthened his inner thoughts, thinking that Hong Kong's economy will not see signs of slowing down in a short time, and he also has some other ideas about this.

New Bigjian said: "This time the Li Group is shorting a lot of our listed companies in the futures market. Do you plan to take part of his empty orders? Since the Li Group wants to give us money, we will An opportunity like this cannot be missed.”

John Madden said: "Nubijian, Wheelock is currently expanding at a high speed, but we can't spend too much money. I'm afraid it won't have much effect."

John Madden really wanted to vote, but the group's funds didn't allow it, and he didn't have much to do.

As one of the heirs of the Shihuaiya family, John Szehuaiya naturally hopes that he can lead the Swire Group in Xiangjiang to obtain good returns as a bargaining chip for him to inherit the family. How much money to enter, he still has to think about it.

John Shuaiya said: "I have to go back and discuss this aspect. If the capital investment is too large, I have to report it to the local family and ask for instructions before making a decision. Newbijian, how much is your Jardine Group planning to invest this time?" ah?"

Nubijian said: "Shi Huaiya, I will persuade the Keswick family this time. This time I plan to enter the market with 20 billion Hong Kong dollars in advance with 10 times the current leverage to see how much money the Li Group can invest. He is short We Jardine will accept as much money as we want.”

John Madden and John Shuaiya really admire Newbijian's determination. Once they make up their minds, they will enter the market with a lot of money. This is a list of 200 billion. I don't know if the Li Group has any plans to do so much. list.

John Madden said: "Nubijian, I will discuss with the family when I go back, and strive to spend at least one billion Hong Kong dollars to take over the Li Group's order with you Jardine."

Seeing that the two of them were ready to make a big deal, John Shihuaiya also wanted to make a big deal, but he still needed the consent of his family, otherwise he would not be able to mobilize so much funds.

John Shihuaiya said: "Nubijian, Madden, I still need to ask the family for instructions. Don't worry, I will persuade the family to spend 20 billion Hong Kong dollars to take the order this time. Let's see what the Li Group is planning this time." How much money did you spend to play?"

Niubijian is very happy, with these two joining, in his judgment, as long as Xiangjiang's economy is as he expected, the Li Group will suffer a lot of losses this time.

The Lee Group is now a sharp sword hanging over their British-funded consortium. They are always worried that they will become the next Hutchison Whampoa. It will be much more comfortable in the future.

Newbijian said: "I believe that Standard Chartered and HSBC will also take action this time. When necessary, we can ask them for help. They really hope that the Li Group can make a big loss, which will cause financial turmoil in the Li Group. It’s even better. Li’s Group Tianyu Bank’s foundation is not stable, and once it is affected, I think HSBC and Standard Chartered will be very happy.”

Shen Bi had contacted them many times before to suppress the Li Group, especially when the Li Group established Tianyu Bank.This time they are going to join forces with the Li Group to fight in the stock market. I believe Shen Bi and Powell Wilson are very happy. Besides, their investment department is also very strong. Cooperation with them is beneficial to everyone.

John Shihuaiya said: "After I go back, I will ask the family for instructions. If it can be done, I will contact you. At that time, we will make an appointment with Shen Bi and Powell Wilson to discuss the specific operation at this time. This time I hope to give the Li Group A lesson, let him know that Xiangjiang is still the world of our British consortium."

New Bigjian said: "Shi Huaiya, Ma Deng, if you come back, please contact me as soon as you have the results, so that I can contact Shen Bi and Powell Wilson to discuss a plan and enter the venue as soon as possible to accept the order from the Li Group. Nowadays, there are not a few investment institutions that are optimistic about the Hong Kong stock market, don’t let us go, the Li Group’s order is done.”

……

(End of this chapter)