Rebirth of the Strongest Tycoon

Chapter 1038 Let the stock disaster come more violently!

Last month, the Association of Banks raised interest rates, causing the Hang Seng Index to begin to fall when the stock market opened on Monday, July 20. This was the prelude to the stock market crash.

It was just that Xia Yu immediately launched an action against the Swire Consortium, which stimulated the nerves of all financial practitioners and allowed the Hang Seng Index, which had already fallen, to stop its decline and rise again.

In the 30-odd days between the collapse of the Hang Seng Index, nearly 100 billion Hong Kong dollars of capital poured into the stock market, which helped the Hang Seng Index rise from over 1,830 to a peak that Hong Kong stocks have never seen before. Two thousand three hundred and fifty-six o'clock.

Over a month, the Hang Seng Index rose by more than 500 points. This was the result of Xia Yu's interference and the influx of capital.

However, Xia Yu knew exactly how much moisture there was.

The vast majority of financial practitioners also fully understand.

It's just that drumming and spreading flowers is one of the capital games. Many institutions and investors also have a clear understanding. The moment the Swire Consortium and Jiuding Consortium decide their victory is when the bubble is about to burst.

It can be said that the risks are almost plainly exposed.

It's just that the benefits are too tempting, so that the institutions and retail investors who enter the market are willing to take risks and bet that they can make a lot of money from the fire, instead of becoming the last poor receiver.

Unfortunately, investors did not expect that in order to maintain a high stock price, Norman Shiyahuai would choose to keep it confidential after completing the absolute holding, and decisively chose the former among direct and hidden interests.

On the other hand, Xia Yu's equity clearance was also extremely technical and concealed. There was no leak, and he had successfully fled when the news came out.

Therefore, there was no time for investors to flee. After the market opened in the morning, the stock market plummeted like a flash flood.

The capital market was already very panicked. While trying to stay calm, there was a breakthrough in the future problem of Xiangjiang, a nightmare for capital, which caused the "flash torrent" to easily overwhelm everyone's psychological defense.

After the news broke in the afternoon that caused the stock market to plummet, wailing and swearing sounded one after another in the four major exchanges. The four major exchanges were in a mess. Faced with a full-scale plunge in the stock market, investors could only accept desperately and helplessly. .

In the entire stock market, the purchase orders of various companies that were originally listed were quickly withdrawn when they had time to withdraw, but more often they were facilitated by the rapidly plummeting stock prices, and then the funds were locked up.

Under this circumstance, all buying orders in the entire stock market have disappeared, and only selling orders are constantly pouring out, and the price of the selling orders is lower than one. Many investors have lost their minds.

It's not that they don't know that no matter how low the price is, no one dares to buy, and constantly lowering the selling price will only make them lose more.

But what if?

What if you are really stupid to buy it?

In a desperate and helpless situation, even the slightest possibility will be infinitely magnified and become a life-saving straw that everyone wants to grasp.

The stock prices of various companies continue to refresh the lower limit, driving the entire HSI market to plummet.

In less than an hour and a half, when the market closed at 4 o'clock in the afternoon, the Hang Seng Index fell below the threshold of 2,100 points to close at 2053.

When the market opened in the morning, the Hang Seng Index was at 2356.

In other words, today, the Hang Seng Index plummeted by 303 points, a drop of 12.8%.

More than a month’s gains were wiped out in just one day.

As the stock market closed, the panic in the market subsided. I don't know how many people fell on the ground.

And Jiuding Securities Company.

After Xia Yu saw that the Hang Seng Index closed at 2053, the corners of his mouth raised slightly, obviously feeling very happy.

Seeing that the market value of Swire Group had dropped to HK$13.28 billion, and the market value of HK$10.5 billion had evaporated that day, the smile on Xia Yu’s mouth became more obvious.

Noting the chairman’s gaze, Wang Qi said with a smile: “Swire is the company that needs the most market value in the stock market today. Now that the stock market crash comes, it has fallen the hardest, evaporating tens of billions of market value in one day. I estimate that Norman Shi Yahuai had to be scared of a heart attack."

Xia Yu glanced at Wang Qi and said jokingly: "You can go to the Huangdaxian Temple this afternoon and have someone open your mouth."

Wang Qi was taken aback, then he laughed.

"Wang Qi, you arrange work first, and then come to my office."

After the joke, Xia Yu smiled and said to Wang Qi.

About ten minutes later, Wang Qi came to Xia Yu's office and saw Xia Yu who was drinking tea.

"Chairman, I'm finished."

Xia Yu nodded slightly, signaled Wang Qi to sit down, and instructed him: "The black material about the Taikoo Consortium that Song Bo brought over, and the black material about the Carrian Group, you will let it out tomorrow and add one more. Keep the fire, and be careful not to be discovered."

Wang Qi solemnly nodded and promised: "Please rest assured that there will be no mistakes."

Xia Yu nodded in satisfaction, thought about it, and exhorted: "One more thing, as a leading brokerage firm, there will definitely be newspapers who want to know our attitude at this time. You must restrain your employees and don’t talk nonsense to avoid being caught. People overinterpret."

"Ok."

...

That evening, after dinner, Xia Yu turned on the TV to watch Global Satellite TV’s "News 30 Minutes". The program spent fifteen minutes covering the stock market disaster. At the same time, Wang Ping’s key speech was reported locally. Others did not say at all, the position was very neutral.

With the ratings of Global Satellite TV, more than half of the people in Xiangjiang watched this news. Questions about the future of Xiangjiang spread throughout Xiangjiang in a short time, and many people were worried about it.

Even Xia Yu's parents worriedly asked him what to do. Xia Yu could only explain to his parents to calm their emotions.

Xia Yu understands his parents' concerns. After all, their son is a big capitalist, and Xia Yu has never told them about the relationship with the mainland.

Early the next morning, there was a lot of negative news related to the coming stock market crash and the future of 1997.

In this public opinion situation, the entire Xiangjiang was shrouded in panic.

With such an atmosphere, even people with strong inner hearts will inevitably be infected, causing panic in the whole society.

Of course ~www.ltnovel.com~ there are still positive reports, such as "Ta Kung Pao" and other mainland-controlled media, but the sales of these newspapers are small, and the sound of occurrence is directly drowned out.

MacLehose held a press conference immediately after he went to work, urging people to stay calm and call on stock market investors to stay calm.

Unfortunately, the effect is not obvious, and the panic is still spreading.

As ten o'clock in the morning arrived, the stock market opened again.

Amidst the exclamations and screams, the Hang Seng Index plummeted immediately after the opening. The chaos that happened on the exchange yesterday came again today.

In just ten minutes after the market opened, the Hang Seng Index broke through the 2,000-point mark and kept going downward.

When the panic comes, it is when the rumors are everywhere.

All kinds of unfounded news circulated in the chaotic exchange.

However, a few news from some unknown sources caused some retail investors and institutions to panic.

"Carrian Group is already insolvent, with debts exceeding tens of billions of Hong Kong dollars, and is suspected of financial fraud. There is no consortium behind it. It just started by defrauding Yumin Finance."

"Chen Qingsong, chairman of the Carrian Group, is ready to abscond with the money."

"Swire Group has financial problems, and the Shi Yahuai family maliciously invaded more than 750 million group interests!"

...

The news one by one said it was the same as it was true, and it was very confusing, and others could not believe it.

Those who believed it immediately took action, and feedback to the stock market was that the stock prices of listed companies of the Swire Consortium and Carrian Group opened VIP channels, and the decline was even more rapid.

When Norman Shi Yahuai and Chen Qingsong were frightened and angry, Xia Yu, who was comfortably handling official duties in the office, received an unexpected call.

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