Through the wealth life

Chapter 374 The transaction is completed
When Cao Weiqing was managing Pengyu Shoes Manufacturing Company, Li Guangyu came to the Governor's Mansion and was invited by MacLehose to discuss stock market transactions with the British consortium.

Today is another Friday of the week. After several weeks of continuous decline, the Hong Kong Hang Seng Index is about to fall below [-] points, and there is still no sign of recovery in the stock market.

This time, not only the three groups of Jardine Matheson, Swire and Wheelock are anxious, but also the two major banks Standard Chartered and HSBC.As securities dealers, the orders of the three companies were made by the two of them, and they were the guarantees. As the stock market fell, these three groups did not follow up to cover their positions, and now they have completely liquidated their positions.

And these orders were all in the hands of their two banks, and they didn't sell much. Watching the stock market fall day by day, they really couldn't sit still. For this reason, they invited the heads of several major groups to ask MacLehose together , I hope that he will invite Li Guangyu to negotiate with them as an intermediary to solve this problem.

MacLehose considered the future development, and he was an intermediary, so they had to decide the specific matters by themselves, so he agreed with Shen Bi and George Lavin's opinion.

After Li Guangyu came to the meeting room, he greeted MacLehose and the others, and sat down to see how Shen Bi and the others were going to discuss with him.

MacLehose said: "Mr. Li, your Li Group and their group are the pillars of our Xiangjiang. I also hope that you can reach an agreement. The current economic situation of Xiangjiang is not very good, and I don't want to have too much trouble. Appear."

Li Guangyu said: "Mr. MacLehose, as long as Mr. Shen Bi and the others can afford the right price, I am happy to end this transaction early. After all, I don't want my funds to be stuck in the stock market all the time. The expansion of our Li Group There is also a special lack of funds.”

Seeing that Li Guangyu was willing to negotiate, MacLehose was very happy. He said, "I think as long as both of you show sincerity, this matter can be easily reached."

Shen Bi and the others knew that it might not be that easy this time. It was obviously impossible for Li Guangyu to trade at the current price. He would definitely lower the price to make more profits, and he naturally hoped that Trading at yesterday's closing price.

Shen Bi said: "Mr. Li, the reason why we asked Mr. MacLehose to be the intermediary today is also to hope that we can try our best to eliminate the disputes between the two parties and complete this transaction. After all, if our side drags on, the loss is too great, and it is also a big blow to Xiangjiang's economy. This kind of damage, I also hope that Mr. Li will not only take into account his own interests, but also consider the Xiangjiang economy."

Li Guangyu felt that Shen Bi was really shameless when he used Xiangjiang's economy to talk about things. Most people in Xiangjiang would be happy if the Hong Kong British consortium was hit hard.Xiangjiang's economy is not a problem here, the big deal is to take over their group, but I am thinking about how to buy Cathay Pacific from Swire and Hongkong Electric Group from Jardine.

Li Guangyu said: "I am a native of Xiangjiang, so I naturally hope that Xiangjiang's economy can prosper and develop. As for the losses of your major groups, I don't think it will affect the economy of Xiangjiang. If you think you can't lead the development of such a company, you can Let it out, why bother to hold on to it?"

Henry Keswick, Wooden Szehuaia, and Paul Madden knew that Li Guangyu was thinking about his own company, and they were not willing to give up the group's companies in this way.

Henry Keswick said: "Mr. Li, our major groups have been rooted in Xiangjiang for hundreds of years and have made great contributions to Xiangjiang. At the same time, we also believe that we can lead the development of our company well, so I don't need to bother you about this. .”

Shen Bi is not in the mood to care about how Li Guangyu robs the British consortium for the time being. Now he only hopes to end the transaction with Tianyu Investment Company as soon as possible to reduce the bank's losses. If the stock plummets again, their bank really cannot afford to lose.

As for the losses of these three groups after the completion of the transaction with the Li Group, Shen Bi will slowly settle with these three companies. Don't think that the liquidation will be over regardless of this matter. If you want to throw the blame on HSBC and Standard Chartered, you can imagine beautiful.

Shen Bi said: "Mr. Li, we don't go around in circles. We invite you here this time because we hope that the orders you placed with us at HSBC and Standard Chartered can end the transaction early. I don't know what you think?"

Li Guangyu didn't know exactly where he could fall this time. Anyway, it was between seven and eight hundred, and the difference would not be too big. The current stock market has almost reached this point, and Li Guangyu's earnings this time are almost the same. If it weren't for the three-month contract, he wouldn't be easy to deal with, so he would have made a move.It's not in the futures market now, otherwise Li Guangyu would have started liquidating his positions a long time ago.

Shen Bi asked him to negotiate an early termination of the transaction this time, and he was naturally willing, so that he could still take the initiative, and Li Guangyu would be able to lower the market value of various companies' stocks by then.

Li Guangyu said: "Mr. Shen Bi, Mr. Lavin, I don't know what price you plan to give me to recycle the stock and return it to you?"

George Lavin said: "Mr. Li, the Xiangjiang stock market has plummeted by 1000 points. I guess it may have reached the end. We are willing to use the current market price to calculate it. What do you think?"

Li Guangyu didn't believe what he said. If they thought it was the bottom line, they wouldn't come to him for a deal.It is estimated that they can't see clearly the situation in Xiangjiang, so they still want to end the transaction early to avoid greater losses to their own bank.

Li Guangyu said: "Mr. Lavin, since you think so, I don't think there is any need for us to discuss today. You can sit on the stock market rising, so why come to negotiate with me."

Shen Bi glanced at George Lavin, and conveyed the meaning that I knew Li Guangyu would not agree.Shen Bi didn't believe that Li Guangyu would accept it as soon as he saw it. This time, if he seized the opportunity, he wouldn't be reconciled if he didn't bite hard.

Shen Bi said, "Mr. Li, what price do you think is more suitable?"

Li Guangyu thought about it for a while. The current Hang Seng Index is 25 points. Calculated at [-] points, it is a [-]% drop. On this basis, he can call for a higher point, which is conducive to the negotiation.

Li Guangyu said: "I think it is more reasonable to drop another 40% in the stock market value of various companies today. I don't know what Mr. Shen Bi and Mr. Lavin think."

Shen Bi and George Lavin didn't expect that Li Guangyu would be able to talk like a lion. If it drops so much, the stock market will fall by nearly half. Is this possible?If it's such a price, I might as well keep it and gamble again.

Shen Bi said: "Mr. Li, don't ask for prices like this. I really don't believe that Xiangjiang's stock market will fall so badly. Unless something unexpected happens again, it is impossible for such a thing to happen, and this time the contract will only expire at ten. At the end of the month, even if there is any action, it needs to be discussed, and the time cannot be so short, so you should come up with a real price."

Li Guangyu shouted out such a high price just to bargain, and he did not expect Shen Bi and others to agree to such a condition.

Afterwards, Li Guangyu started a tug-of-war with Shen Bi and George Lavin to lower the price, and when the deadlock was reached, MacLehose would speak out to persuade them to ease the deadlock.

The time for this negotiation was quite long, and we had lunch at the Governor's Mansion, and we continued to discuss in the afternoon. Everyone hoped that there would be a result today, and among them, MacLehose most hoped that the Li Group, Shen Bi and others could reach a conclusion. for this transaction.

He is very clear that if Hong Kong's economy is to improve quickly and the stock market can be positive, it is still necessary for the Li Group to increase investment in Xiangjiang to enhance the confidence of the citizens.

But this time, when the market was closed in the afternoon, there was a very favorable news for Li Guangyu. The Xiangjiang stock market fell below 15 points, which made Shen Bi give up the last dispute and trade at the current closing price by [-]%.

After the discussion, Li Guangyu said to Shen Bi and the others: "Mr. Shen Bi, Mr. Lavin, next Monday we will follow this agreement. After I go back, I will arrange for Tianyu Investment Company to make a deal with you two. Bank orders, I believe we can complete the entire transaction on Monday morning."

This is the only place that is better than the futures market. In the futures market, if such a huge transaction is to be completed at once, the stock market will immediately fluctuate. However, this is a transaction between their securities departments, and no orders have flowed into the market, which has a great influence on the market. Small.

Shen Bi said: "Mr. Li, you are worthy of being synonymous with Hong Kong's wealth. This time, you have made a profit of nearly 300 billion Hong Kong dollars in just two months. I just hope that your luck will continue to be like this."

……

(End of this chapter)