Rebirth 1984: Starting from the development of Hanka

Chapter 151 Black Monday
In fact, a week ago, the price of the U.S. stock market fluctuated greatly, but many investors just think that this is a short-term correction and will not affect the trend of the U.S. stock market.

On Monday, October 10th, the weather was fine, and the tranquil sky in the United States presented a refreshing blue, and the mood of stockholders was as bright as the clear and clear blue sky.However, from the moment the stock exchange opened for business at 19:9 in the morning, people's mood suddenly fell to the bottom, and the sky above their heads seemed to be no longer a pleasant blue, but a frightening one. Uneasy black.

As soon as the U.S. stock market opened, the horror that had not been seen for half a century reappeared. The stock market plummeted like an avalanche, causing panic across the United States.And because of market rumors, it triggered panic selling.

As the stock market continued to plunge, a large number of hedging orders further shorted index contracts in the stock index futures market, which in turn continued to push the stock index to plunge.The market has entered a vicious circle.

It will soon lead to a complete collapse of the US stock market!
On that day, the global stock market plummeted under the leadership of the New York Dow Jones Industrial Average, triggering panic in the financial market!
This incredible "Black Monday" happened!

In just 3 hours, the Dow Jones Industrial Average fell 508.32 points, or 22.62%.This means that the value of the stocks in the hands of shareholders has depreciated by more than 5000% within one day, and a total of 10 billion U.S. dollars has disappeared, which is equivalent to one-eighth of the annual gross national product of the United States.Immediately, panic spread to other regions outside the United States. On October 19, the stock markets in London, Tokyo, Hong Kong, Paris, Frankfurt, Toronto, Sydney, Wellington and other places also fell.

Over the ensuing week, panic intensified. On October 10, stocks on the Tokyo Stock Exchange fell by 20%, setting a record for the Tokyo Stock Exchange. On October 14.9, Hong Kong's Hang Seng Index plummeted by 10 points, or 26%, setting a record for the decline in Hong Kong's stock market and swallowing all the gains since November 1126.Echoing this, the stock markets in Tokyo, Sydney, Bangkok, Singapore, and Manila also fell.As a result, the news of the collapse of the Asian stock market was sent back to Europe and the United States, causing the stock markets in Europe and the United States to plummet.

据统计，在从10月19日到26日8天内，因股市狂跌损失的财富高达2万亿美元之多，是第二次世界大战中直接及间接损失总和3380亿美元的5.92倍。美林证券公司的经济学家瓦赫特尔因此将10月19、26日的股市暴跌称之为“失控的大屠杀”。

During this period, banks went bankrupt, factories closed, and companies laid off a large number of employees. The past stock market tragedy happened again!
Governments of various countries came forward to rescue the market one after another, and major companies repurchased shares to restore market confidence.

At this time, people discovered that Wujiang Group had cashed out a large amount of funds by selling shares before the stock market crash, and borrowed huge amounts of funds from major banks.

This……

Could it be that Wujiang Group has already speculated that the global stock market crash is coming?
Wujiang Group only raised funds, and did not take the opportunity to short the stock market to make a profit, so the stockholders did not feel resentment towards Wujiang Group, but instead felt admiration.

At this time, Li Jiacheng also escaped the stock market crash. Just a month ago, Cheung Kong Enterprises, Hutchison Whampoa, Hongkong Electric, United Overseas, and Chinese Land announced successively to raise funds through stock approval, raising a total of 103 billion, drawing a large amount of funds from the market.

He was also lauded as prescient.

However, compared with Zhao Ye, he is nothing but a small witch.

A financial newspaper in Hong Kong collected Wujiang Group's recent detailed fund-raising measures from announcements issued by listed banks in Hong Kong, Japan and the United States.

As soon as the newspaper was published, it immediately caused a huge sensation in the whole of Hong Kong!
"According to the investigation of this newspaper, the Galaxy Financial Corporation under the Wujiang Group has sold all the stocks of dozens of companies it held before the 'Black Monday', cashing out 120 billion Hong Kong dollars!"

"In addition, Wujiang Group has reached a loan agreement with HSBC, Hang Seng Bank, Standard Chartered Bank and other banks, and has lent a total of 80 billion Hong Kong dollars!"

"I have borrowed one trillion yen from the Bank of Tokyo, Japan Post Bank, Daiwa Bank, and Sumitomo Mitsui Financial Group. Converted into U.S. dollars, it is almost 71 billion U.S. dollars!"

"In addition, it has borrowed a total of 42 billion U.S. dollars from American banks such as Citibank and JPMorgan..."

"Nowadays, Wujiang Group has an extremely huge cash flow!"

"If Wujiang Group is willing to raise its arms for a while and rescue the market, the downturn in the Hong Kong stock market will immediately improve!"

With the launch of the newspaper, the impact was enormous.

Numerous Hong Kong stockholders petitioned outside the Hong Kong branch of Wujiang Group, asking Wujiang Group to save the market.

Hong Kong's richest man, Li Ka-shing, had previously announced the rescue of the market. However, his little financial resources still could not withstand the downward trend of the Hong Kong stock market.

It's called a rescue, but it's actually a bargain.

Of course, Zhao Ye would do the same thing as Li Jiacheng.

The rescue of the market is just incidental. If you buy the bottom yourself and copy it, won't the Hong Kong stock market rise?
Zhou Anping walked out of the company gate and came to the petitioning shareholders. He looked around and said impassionedly, "Hi everyone, I am the general manager of Wujiang Group Hong Kong Branch. I can understand your feelings at the moment. But please Don't worry, Wujiang Group will not let Hong Kong's economy and stock market continue to fall, the group company is holding a meeting to study how to save the market, please go back and wait with peace of mind!"

Zhou Anping comforted everyone, and then persuaded them to leave.

As for the so-called bailout, in fact, Zhao Ye had discussed it with Zhou Anping long before.

Taking advantage of the stock market crash and looting, Galaxy Financial Corporation acquired companies with financial licenses such as banks, insurance, trusts, brokerages, financial leasing, futures, funds, fund subsidiaries, fund sales, small loans, and pawns.

Then there are crazy bottom-hunting in the stock market, such as Cheung Kong, Hutchison Whampoa, Wharf, Hongkong Electric, etc... a large number of companies with development prospects.

Use the money borrowed from the bank to buy the bottom, wait for the stock price to rise, and then sell it, and you can make a profit of at least 40% during the period!

Wujiang Group itself also has a large amount of capital reserves. This stock market crash, if it is not crazy to make a lot of money, how can it be worthy of the once-in-a-century "Black Monday".

Wujiang Group's bargain hunting is an act of saving the market. Not only is it not hated by people, but it is also very popular.

In addition to buying bottoms in Hong Kong, Wujiang Group will also buy bottoms in the United States, Japan and Europe.

In the previous life, Hong Kong's stock market and economy were affected by the stock market crash and would remain in a downturn until the end of 1987.

So, let the bullets fly a little longer.

At this time, Zhou Anping couldn't hide his excitement. He had counted a lot of companies that he wanted to acquire, and he could come forward to acquire all of these companies when the time was right.

Galaxy Finance Company will become a pivotal financial giant in Hong Kong in one fell swoop, and its business will even expand to Southeast Asia, Europe, America and other places.

On the night of November 11, Zhou Anping contacted the major shareholder of Standard Chartered Bank, Australian businessman Robert Holme.

Asked if he was interested in selling his stake in Standard Chartered Bank.

Robert Home is in a very bad situation now. The stock market crash has come, which has had a huge impact on his company.

Right now, Robert Home needs a lot of money to keep the company running.

Therefore, the sale of shares in Standard Chartered Bank became one of Robert Home's must-choices.

"Mr. Robert Home, the stock market crash broke out, and the global economy will continue to decline in the future. At this time, 'cash is king'. Whichever company holds a large amount of cash is more likely to survive the economic crisis. But your company is currently short of funds , is at stake. Therefore, why not cash out the shares of Standard Chartered Bank and get the money to save your own company?" Zhou Anping said on the phone.

After hearing this, Robert Holm sighed helplessly. What Zhou Anping said was reasonable. Right now, he can only sell the shares of Standard Chartered Bank to save his company.

At present, other people are too busy to take care of themselves. Only Wujiang Group has a lot of funds and can take over the shares in their hands.

"Mr. Zhou, I agree to sell my 10% stake in Standard Chartered Bank to Wujiang Group! However, what is the purchase price you offered?" Robert Holm asked.

Zhou Anping was overjoyed when he heard the words, and replied, "The purchase price is 7.5 million Hong Kong dollars!"

"No, this is too little. Before the stock market crash, the market value of Standard Chartered Bank exceeded tens of billions of Hong Kong dollars, and a 10% stake was at least 10 billion Hong Kong dollars!" Robert Holm shook his head and strongly objected.

Zhou Anping said unhurriedly: "Mr. Robert Holm, the global economic downturn has greatly affected Standard Chartered Bank, and its stock price has been plummeting. Maybe after a while, the market value of Standard Chartered Bank will drop to less than 50 billion Hong Kong dollars." Down!"

After a pause, he said lightly: "By then, the shares of Standard Chartered Bank you hold may not be able to sell 5 million Hong Kong dollars!"

When Robert Home heard the words, his expression hesitated. The global stock market crash caused by "Black Monday" was too severe, which left Robert Home with lingering fears. He didn't know how long the economic crisis would last and when the global economy would recover. At that time, the company held cash to survive until the end.

The share price of Standard Chartered Bank may also plummet more than ever.

"Mr. Zhou, Wujiang Group gave me 8.5 million Hong Kong dollars, and I can sell all the shares in Standard Chartered Bank!" Robert Holm said in a deep voice. He bought 10% of the shares of Standard Chartered Bank for more than 8.5 million. Hong Kong dollars can only be accepted now, but 8.5 million Hong Kong dollars is the bottom line he can accept.Big deal raise money from elsewhere and tide over.

Zhou Anping heard that he felt that it would be more worthwhile to buy 10% of the shares of Standard Chartered Bank by adding [-] million Hong Kong dollars.

To avoid having long nights and dreams, he agreed: "OK, the deal is only 8.5 million Hong Kong dollars, and the agreement needs to be signed as soon as possible."

"no problem!"

……

After Zhou Anping settled the Australian businessman, he immediately went to lobby the shipping tycoon Bao Yugang.

Bao Yugang himself is a director of HSBC Bank. He does not have much extravagant expectations for Standard Chartered Bank. The reason why he invested in Standard Chartered Bank is also for the convenience of financing.

As long as the interest is high, he can also sell the shares of Standard Chartered Bank to others.

Zhou Anping came to Bao Yugang's house, exchanged simple greetings, and was invited to Bao Yugang's study to talk about things.

"Mr. Zhou, I'm a quick talker. If you have anything to do, please speak up." Bao Yugang brewed two cups of tea himself and said with a smile.

"Since Mr. Bao is quick to speak, I'll just say it straight."

Zhou Anping paused, and said straight to the point, "That's right, Wujiang Group wants to acquire 10% of the shares of Standard Chartered Bank in your hand."

Bao Yugang smiled when he heard the words, and nodded: "No problem, the shares of Standard Chartered Bank are not very important to me. But I will sell them to you if the price offered by your company is right."

Zhou Anping said: "Our company is willing to make an acquisition based on a 30% premium to the current share price. The current share price of Standard Chartered Bank is only 70 billion Hong Kong dollars. Therefore, the acquisition price we offer is 9.1 million yuan!"

Bao Yugang has strong financial resources, no more than an Australian businessman.

If the price is low, he may not be willing to sell the shares.

Bao Yugang didn't answer right now, but picked up the teacup and took a sip, as if he wasn't in a hurry.

Seeing this, Zhou Anping knew that the other party was not satisfied with the price.

"Mr. Bao, how much do you say, are you willing to sell your shares?"

"12 billion Hong Kong dollars!"

"Mr. Bao, the current market value of Standard Chartered Bank is only 70 billion Hong Kong dollars. Is it a bit inappropriate for you to ask me to spend 12 billion Hong Kong dollars to buy 10% of the shares?"

Bao Yugang replied unhurriedly: "As one of the note-issuing banks in Hong Kong, Standard Chartered Bank has developed very well. The reason why the stock price is only 70 billion Hong Kong dollars is mainly due to the impact of the stock market crash. I believe that in a year or two , the share price of Standard Chartered Bank will definitely rise, and I can wait until that time to sell shares.”

Zhou Anping shook his head and said, "Mr. Bao, how do you say the future will be good? If Standard Chartered Bank does not manage well, will the stock price fall even lower in the future?"

Bao Yugang smiled and said, "I like Standard Chartered Bank!"

Zhou Anping smiled wryly when he heard the words. Bao Yugang himself was strong, and he didn't need to sell Standard Chartered Bank to raise funds. Moreover, he believed that the market value of Standard Chartered Bank would rise in the future, so Zhou Anping couldn't do anything about him for a while.

"Mr. Bao, I'll go back and discuss with the boss, then I'll take my leave first."

"Okay, I'll see you off!"

……

On the way back, Zhou Anping called Zhao Ye.

"Boss, Bao Yugang quoted 12 billion Hong Kong dollars. He would rather keep it for a few years than lower the price."

"12 billion is 12 billion, buy it quickly! At the same time, quietly absorb the shares of Standard Chartered Bank in the stock market. In addition, test Qiu Degen to see if you are willing to sell the shares of Standard Chartered Bank you hold!"

"Okay, boss!"

……

At noon the next day, Zhou Anping first signed a share transfer agreement with the Australian businessman Robert Holm who came from afar.

When Zhou Anping signed, he couldn't help but sympathize with Robert Home.

8.5 million Hong Kong dollars was sold to the 10% stake in Standard Chartered Bank held by the hand.

And Bao Yugang sold the same shares, but received 12 billion Hong Kong dollars.

But in terms of business, it's no wonder that Wujiang Group took advantage of the fire to rob.

In the evening, Zhou Anping visited Bao Yugang again. The two reached an agreement in the study, and the next morning they formally signed the share transfer agreement.

So far, Wujiang Group has held a 33.4% stake in Standard Chartered Bank.

Among them, 3.4% of the shares were obtained by Wujiang Group from low-priced bargain hunting in the stock market after the stock market crash broke out.

However, it is definitely difficult to fully acquire Standard Chartered Bank. The biggest obstacle to the acquisition of Standard Chartered Bank is regulatory approval and compliance procedures.

However, as an international bank, Standard Chartered Bank has huge development potential and can bring a lot of help to Wujiang Group.

Zhao Ye didn't insist on absolute control. So far, Wujiang Group is already the largest shareholder of Standard Chartered Bank, and can basically control the development of Standard Chartered Bank.

In addition, Zhao Ye also wants to develop a wholly-owned bank of Wujiang Group - Galaxy Bank, and through cooperation with Standard Chartered Bank, it will grow rapidly through a backdoor.

The financial world is very large and can accommodate more than N banks.

Standard Chartered Bank and Wujiang Group's Galaxy Bank can completely achieve a win-win situation.

……

Qiu Degen himself opened a bank, so he is actually very interested in Standard Chartered Bank. If there is an opportunity to acquire Standard Chartered Bank, he will definitely do it without hesitation.

It's a pity that the strength is not good.

Not only does he not have the strength to acquire Standard Chartered Bank, but also a scandal of fraudulent accounting will break out next year.

Zhou Anping tested him and asked him if he was willing to sell his shares in Standard Chartered Bank, but the result was self-evident and he was rejected.

The coming of the stock market crash had a great impact on Qiu Degen's business, otherwise there would not have been fraudulent accounts.

If he accepts the acquisition by Wujiang Group, then he should have the funds to maintain the company's development, so he doesn't have to take the risk of making false accounts.

However, he was still too greedy.

Don't you know that you can't have it both ways?

When Zhao Ye heard the news, he asked Zhou Anping to cancel the acquisition plan.

When the scandal of Qiu Degen's fraudulent accounts breaks out next year, Qiu Degen will not only give up ATV, but also let him give up the shares of Standard Chartered Bank!
(End of this chapter)