Through the wealth life

Chapter 366 Failed Action

Chapter 366 Failed Action

On this day, John Szehuaia and John Madden did not just give up on the suggestion made yesterday that the Xiangjiang government should put pressure on Li Guangyu. , Let the Li Group end this transaction in the stock market ahead of schedule.

These two family elites only hope to reduce the losses of some groups, so that they can have a better life in the family and not become abandoned children of the family.

On Sunday morning, John Szehuaia and John Marden first met with McBurney DeShawn, the director of the Xiangjiang Financial Management Authority, expecting him to temporarily close the Xiangjiang Exchange on the grounds of Xiangjiang’s financial stability, giving They bought more time, they knew very well that as soon as the market opened tomorrow, the stock market would continue to fall, and they would not be able to reach a deal with the Li Group within a day.

As for whether the temporary closure of the exchange for a few days will cause panic among the citizens and stockholders of Xiangjiang, this is not within the scope of these two considerations. They just want to be able to quickly stop losses and leave the market, and the subsequent plunge caused by it is not necessary. Pay for it yourself.

After McBurney DeShawn heard this, he immediately rejected the request of these two people, jokingly, how dare he harm the interests of all Xiangjiang shareholders for the sake of these two groups, and this matter does not matter whether it is the Governor's Mansion or the Administrative Bureau The proposal will not be passed over there, and the major exchanges will not agree to such an approach.

These two young masters of the family are jealous this time. They can think of such an idea, and they actually expect themselves to agree. I don't know what they think.

John Shuaiya said: "Mr. DeShawn, this time our big British consortia have suffered heavy losses, even HSBC and Standard Chartered are having a hard time. You don't want Xiangjiang to be dominated by Chinese in the future, please see In our British interests, we can make a move to interrupt the rising momentum of the Chinese-funded consortium, especially the Li Group. If we leave the market without losing money, once they get huge profits from it, our British-funded consortium will be in Xiangjiang no longer has much influence."

As Director of the Monetary Authority, McBurney DeShawn is also aware of the situation in recent years. With the rise of Chinese-funded consortiums, British-funded consortia no longer have the aura of dominance they used to have, especially in the late 70s From the very beginning, the British consortium was constantly attacked by the Chinese consortium. Hutchison Whampoa, one of the four foreign firms, was acquired by the Chinese consortium, which dealt a heavy blow to the Hong Kong British consortium.

But even so, I can't make a move. This time, your groups lost their bet. Their government has no right to do this. I'm afraid that I just made such a suggestion. There is no need to sit down.

McBurney Deshaun said: "Mr. Shi Huaiya, Mr. Madden, the issue of closing the market is impossible. It is impossible for us to break the rules because of your needs. Don't say we disagree, even if this It happened in London, and you would not agree to such a request. This is your own investment mistake, and it is impossible for others to pay for you."

Seeing that McBurney Deshaun still disagreed with their proposal to close the market, John Swire and John Madden knew that tomorrow's losses were inevitable, and their ideas could not be realized.

John Shihuaiya originally hoped to suspend the market to force Li Guangyu to end the transaction early. Once Li Guangyu disagreed, he would act as a pusher behind and lead public opinion to Li Guangyu and the Li Group, so as to kidnap Xiangjiang public opinion. Li Guangyu exerted pressure so that he could stop his loss and leave the market.

It's a pity that it's useless to talk about the interests of the British consortium and England, so I can only change to the second plan.

John Shihuaiya said: "Mr. DeShawn, you don't want our Xiangjiang British-funded consortium to suffer too much loss. Once the Chinese-funded consortium takes control of Xiangjiang's economy, I am afraid that you who are in power will not have a good time. After all, you also They are all British, and in their hearts, they will always trust their own people more, especially the Li Group, if you look at the senior management of his group, he does not trust people other than Chinese, and it is the same for you."

McBurney DeShawn also knew that if Hong Kong's economy was in the hands of the Chinese, it would indeed be detrimental to their rule. Without the support of the British consortium to their government, their resolutions on many issues would be somewhat difficult.

McBurney DeShawn said: "Mr. Shi Huaiya, I can't do anything here. I can accompany you to meet Mr. MacLehose to see what he thinks. If Mr. MacLehose is willing to help you, I think it will be easier."

……

It was already eleven o'clock in the morning when John Shuaiya and others arrived at the Xiangjiang Governor's Mansion. Today, MacLehose did not go to work, so he met them at home.

After being courteous with MacLehose, John Schwartz and the others proposed to MacLehose their intention to come and hoped that MacLehose could lend a helping hand.

MacLehose was very angry when he heard this. He really thought of anything for his own benefit, and he plausibly asked himself to support the market closure. Now that the stock market has plummeted, it has cast a shadow on Hong Kong's economy. If the government Compulsory closing of the market will cause a devastating blow to Hong Kong's economy. After nearly ten years of governance, do you want me to return to my original shape when I leave office?

MacLehose said: "Shi Huaiya, Madden, I can tell you clearly that your idea is impossible to realize, and you should not use the British consortium as an example. You have to admit that your own investment failed. These It is not very useful to recruit outside the market, and I do not want to cause riots in Xiangjiang under my governance."

Seeing that the market break was unworkable, John Shuaiya said to MacLehose: "Mr. MacLehose, this time it is not only our two groups, the loss of Jardine Group this time will be the sum of our two companies, HSBC and Standard Chartered Bank also lost a lot. Once the stock market continues to fall this time, our British consortium will suffer losses of tens of billions of Hong Kong dollars. This will have a serious impact on Hong Kong’s economic development. We hope you can act as an intermediary to contact Li Guangyu Sir, close this transaction with us early."

MacLehose was also very surprised. He did not expect that the Li Group and the British consortium made such a big bet this time. Once the stock market continues to decline, the strength of the British consortium will be reduced by half this time.

And Li's Group relies on this profit, and no group in Xiangjiang can shake his position anymore. It is estimated that it will be difficult for several large British consortiums to unite to cause trouble for him.

The Li Group, which has tens of billions of Hong Kong dollars in cash, will be a very terrifying existence, especially for the British consortium, who will worry that their listed companies may change owners at any time.Last year, Li's Group did this once, abruptly snatching Xiangjiang Telephone Group from Jardine Group.

However, MacLehose will not stand up for these companies. This time it is a normal commercial transaction. It is impossible to intervene in it because the damage is a British consortium. The dissatisfaction with them is not conducive to the stability of their governance of Xiangjiang.

MacLehose said: "Shi Huaiya, this is a commercial matter for you, six, follow the commercial rules, our government will not and cannot intervene. You also have to have confidence in Xiangjiang, maybe the stock market will fall. It will recover in a few days, and you are in a hurry to trade out now, if the stock market rebounds, you will lose a lot."

John Shuaiya and John Madden were completely disappointed. MacLehose's refusal let them know that it would not work to play with the government to put pressure on the Li Group. They were very at a loss as to what to do in the future.

As for continuing to fill this hole and waiting for the stock market to rebound, none of them have thought about such a problem. In the short term, they see no hope.

 Thanks to the book friend 4163 for the 100 coin reward

  
 
(End of this chapter)

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