Rebirth of the Strongest Tycoon

On Wednesday morning, after the headquarters of Standard Chartered Bank in Central on Hong Kong Island opened, the pile of billions of Hong Kong dollars in the center of the lobby shocked all depositors who were preparing to withdraw.

With the jade of Jiuding Bank in the front, Standard Chartered Bank is the second to follow suit, showing its strength with one billion Hong Kong dollars in cash.

Of course, the effect is beyond doubt. Depositors who came to prepare for withdrawal are basically relieved and give up withdrawing.

And through their mouths, the news that Standard Chartered Bank used one billion in cash to prove its strength spread quickly throughout Hong Kong. A large number of melon-eaters and bank depositors rushed to Central on Hong Kong Island to witness the strength of Standard Chartered Bank.

Just as the twin beads of Standard Chartered Bank and Jiuding Bank were shining, another sign of banking occurred.

9:18 am.

A bank officially announced that it had run out of funds and declared bankruptcy.

The bank is called Tianyu Bank. It is a small bank that obtained a banking license and was established in 1979. It has only three branches and its total assets are only more than 80 million Hong Kong dollars.

In order to develop by leaps and bounds, Tianyu Bank came to the thigh of the Carrian Group, and depositors’ funds were basically lent to companies under the Carrian Group.

Originally, Tianyu Bank’s chairman Wang Yiqing was still struggling to borrow funds for support, but yesterday afternoon, after the news that the Hong Kong Police Department handed over the case of the Guardian Group to the Legal Department, Wang Yiqing immediately asked a friend of the police department for details. .

After learning that the Caring Group and Chen Qingsong were really involved in huge economic frauds and that the Caring Group was 95% likely to be insolvent, Wang Yiqing was completely desperate in wailing.

When registering Tianyu Bank, he also brought a few friends to join the partnership. The registered capital is 10 million Hong Kong dollars. He paid 3 million Hong Kong dollars to occupy 30% of the shares, with the most equity, and served as the chairman.

Last night, he called his partners to meet, and after discussions, everyone agreed to let Tianyu Bank file for bankruptcy.

If they do not declare bankruptcy, after losing 10 million Hong Kong dollars of their registered capital, there will still be a loss of nearly 60 million Hong Kong dollars with the Carrian Group that they need to fill.

When the stock market crash is approaching, they desperately cannot make up the money.

Anyway, the remaining money is basically taken away by the depositors. Rather than dragging down and dragging myself and others into the abyss, if I cut a little bit and file for bankruptcy and liquidation, the loss can be greatly reduced.

When the general manager of Yu Bank stood up and announced that the bank was bankrupt and ceased all business, the crowd of depositors waiting to withdraw money in Tian Yu Bank immediately rioted. The general manager who was introduced by Wang Yiqing and others was beaten into a pig head. After Wang Yiqing called the police office in advance, the police arrived in a timely manner and temporarily stabilized the situation.

However, his becoming a pig can not prevent the spread of the bad influence of the bankruptcy of Tianyu Bank.

Everyone has relatives and friends.

After the depositors of Tianyu Bank rushed to call their relatives and friends to inform their relatives and friends of the situation, many people became anxious. Some people skipped work and rushed to the depositing bank with their ID cards and bank cards.

When the bankers learned that Tianyu Bank had filed for bankruptcy, they were all horrified. They immediately realized a little bit.

With the bankruptcy of Tianyu Bank, the banking run crisis has officially escalated!

Except for Jiuding Bank, which has already demonstrated its strength and its wholly-owned subsidiary banks, as well as Standard Chartered Bank, all other banks have to face greater pressure!

Of course, there are also some small banks like Tianyu Bank that have been mistreated by the Carrian Group. After Tianyu Bank took the lead, the shareholders or persons in charge of these banks called Wang Yiqing and others.

They are also ready to learn to lose their baggage...

...

Affected by the groundbreaking progress of Carrian Group and the negative impact of Tianyu Bank’s declaration of bankruptcy, investors who had gradually calmed down panic again.

After the stock market opened, the Hang Seng Index plummeted from 779 points.

The share price of Carrian Real Estate Co., Ltd., whose market value has fallen to HKD 870 million, plummeted again.

Although the properties and affiliated companies of Carrian Real Estate Company are very large, the value must be far more than 470 million Hong Kong dollars, but the stock market is still flooded by no one.

Some companies’ stocks are worth buying bottoms, and some companies’ stocks are not worth buying bottoms.

Carrian Real Estate's stock is undoubtedly the latter.

After all, the assets of Carrian Real Estate are huge, but the debts are likely to be larger than the existing assets!

As long as you take over Carrian Real Estate, you must accept the debts from it at the same time. Now no big man dares to take this risk.

Not to mention that the market value of Carrian Real Estate is still more than 470 million Hong Kong dollars. Even if they are allowed to take over at the price of one Hong Kong dollar, they must have the courage to take it!

If you really have the strength and interest to take over, you will have to wait for the Xiangjiang High Court to liquidate its assets before taking over the assets you are interested in.

Wait until 11:08 in the morning.

Union Bank, which is held by Carrian Group, announced that its capital chain had broken and filed for bankruptcy protection.

Less than two hours after Tianyu Bank declared bankruptcy, another bank went bankrupt!

Panic was further fermented, and the run crisis rose again.

The bank that has not fallen has already lost patience and confidence.

In particular, banks that provide financial leverage to securities companies and fund companies will force their positions to be liquidated directly if their holdings reach the liquidation line. Those that do not reach the liquidation line also force relevant investment companies to return their funds as soon as possible.

The pressure on securities companies and fund companies has increased sharply, increasing the intensity of stock sell-offs, trying to liquidate their positions and collect money.

Among them are the stocks of companies such as Swire Group and Swire Shipping, which have extremely high P/E ratios in the entire stock market.

A large number of sell orders were thrown out, and Swire Financial was caught off guard, and the buy orders that had been placed were instantly hedged.

The speed of continuing to place buy orders is not as fast as the speed of selling orders.

The stock prices of a number of companies began to fall rapidly.

Swire Financial Corporation.

Cedric Quincy's anxious voice sounded in Norman Shiyahuai's ear: "Chairman, the funds are in a hurry. It has fallen below 100 million Hong Kong dollars."

"The company's stock price is still falling."

"There are too many selling orders. Even if all the 100 million Hong Kong dollars are sold out, they will be emptied in a minute at most!"

Norman Shiyahuai pushed Cedric Quincy away and looked pale when he saw the dense array of selling orders on the electronic disk and the declining stock price.

This time is really over!

Cedric Quincy is right. Throwing 100 million Hong Kong dollars into the stock market will cost it a splash. The selling by other institutions and stockholders has already formed a flood.

There is no other way except to put in 3 billion Hong Kong dollars to fully take over the order!

"There are 80 million funds left!"

"Stop it!"

Hearing the statistical data, Norman Shiyahuai said three words to Cedric Quincy in a soft voice. After speaking, his whole body seemed to be exhausted, and he wanted to collapse, Cedric Quincy. Xi Li immediately helped him.

At the same time he shouted and ordered everyone: "Stop buying immediately."

All the traders immediately stopped their actions, and everyone looked ugly as the stock price that had lost the last block fell unimpeded.

...

In the securities investment department of HSBC.

Seeing that the stock prices of Swire Group and other companies began to plummet, the manager of the investment department urgently reported to Shen Bi, worrying that Shen Bi went directly to the securities department.

Seeing that there was no purchase order for three seconds, Lin Changlong, the manager of the securities investment department, changed his face and immediately said to Shen Bi: "Chairman, Swire Financial has retired ~ www.ltnovel.com~ There is no hope."

"Look at the stock price of Swire Group."

Following Lin Changlong's fingers, Shen Bi saw a number beating continuously.

Fifteen twenty seven

Fourteen o'clock

Fourteen six six

...

13:33!

When the stock price fell to 13.33 Hong Kong dollars per share in two minutes, the market value of Swire Holdings fell to 6 billion Hong Kong dollars.

Lin Changlong said immediately: "Chairman, the stock price has fallen below the warning line!"

Shen Bi's face changed and he closed his eyes and sighed.

After a while, Shen Bi opened his eyes again, and his eyes became cold and merciless. He ordered Lin Changlong: "You go and inform Norman Shi Yahuai to make up the security deposit or collateral according to the loan agreement, otherwise all the pledged stocks will be ours. deal with."

"He has been at Swire Financial Corporation these days, you can go there directly to find him, and ask him face to face!"

Lin Changlong replied decisively: "Yes!"

Ten minutes later.

Lin Changlong met Norman Shi Yahuai at Swire Financial, not far from the securities investment department of HSBC.

Norman Shi Yahuai, who also knew that the stock price had fallen below the warning line, saw Lin Changlong and heard his confession. After being exhausted to the limit, he could no longer support him and passed out.

Fifteen minutes later.

The ambulance came to Swire Financial, and the doctors and nurses brought Norman Shiyahuai, who had not yet woken up, with a stretcher.

Investors who were besieged at the entrance of Swire Financial Corporation to obtain investment funds saw that Norman Shiyahuai had fallen, and were completely panicked and frantically blocked Cedric Quincy from letting him go.

Central on Hong Kong Island was originally a gathering place for financial institutions. What happened at Swire Financial Corporation spread across the entire capital market in an instant...

ps: The first one will be delivered, please refer to the monthly ticket, thank you!