Rebirth of the Strongest Tycoon
Vol 3 Chapter 1452: Hong Kong stocks avalanche, no panic
Inside the Hong Kong United Stock Exchange.
Because of public opinion factors yesterday and this morning, investors filled the exchange early.
Even if some of them did not buy stocks alone, but gave the funds to securities or fund companies to take care of them!
As the stock market opened, the originally noisy exchange was silent for a few seconds.
Then broke out greater agitation than before the opening.
At the close of trading last Friday, the Hang Seng Index fell to 3738.2, and the total market value of the stock market fell to 1.65 trillion Hong Kong dollars.
But as soon as the market opened today, as the overall market plummeted, the Hang Seng Index also plummeted by 87 points, a drop of 2.33%!
And in just two minutes.
The Hang Seng Index fell below the 3500 point mark, a drop of more than 6.4%!
This kind of plunge is too scary.
Among the investors on the market, many are new to the industry in recent years, but many of them have experienced the stock market crash in the late 1970s.
The prosperity of the stock market in the past four or five years is about to make them forget the cruel past.
But at this time, the scene they saw with their own eyes provoked the nightmare in their memory, leaving many people with a look of horror, subconsciously rushing to sell the stock, wanting to cash out as soon as possible.
Especially those large retail investors who have used leverage to allocate funds are even more anxious.
Because they know that this disaster is just the beginning, and no one can predict where it will end.
For those of them who have used three or five times leverage to allocate funds, the risk of losing their money is almost 99%!
This group of people sold stocks and became accomplices of the shorts who were hitting the market.
And this time.
Operation room of Jiuding Securities Company.
Xia Yu looked at the electronic screen blankly.
In the entire operating room, all the traders, rarely at work, just watched the market and the stock prices that they were staring straight down.
For them, they have experienced this feeling for the first time after joining Jiuding Securities for so many years.
They can still enjoy this kind of day in the next few days.
After watching for a while.
Xia Yu was ready to leave.
However, before leaving, Xia Yu specially recruited Yuan Tianfan and told him not to relax his vigilance these days. Even if he does not operate, he must conduct simulation exercises to ensure that he can strike as accurately as a scalpel when he needs to do it.
...
Today's stock market is indeed a catastrophe.
Until the close in the afternoon.
The stock market has evaporated 278.4 billion Hong Kong dollars, and the Hang Seng Index has fallen to 3107.5 points, a drop of nearly 17%!
For the entire Hong Kong stock market, the total market value of more than 500 listed companies is only 1.37 trillion Hong Kong dollars.
If you take into account the peak period some time ago, the total market value of Hong Kong stocks has exceeded two trillion Hong Kong dollars.
Compared with that time, today's stock market has shrunk by more than three tiers!
At that time, investors who entered the market, as long as they had used more than three times the leverage, at this time were either on the verge of liquidation, or had been prompted to liquidate, and had to pay the principal.
Otherwise, if the time is exceeded, all positions will be forcibly closed.
certainly.
According to the current situation, it is difficult to force a position to be liquidated.
After all, this day, although there are many selling orders, the turnover has reached the lowest value of this year.
Only 88 million Hong Kong dollars!
Not even one-seventh of the average daily transaction volume this year!
And most of the only HK$87 million were sold for special reasons.
It can be seen that investors are terrified by the market today.
foreseeable.
If there are no other factors this week, Hong Kong stocks will continue to plummet in the next four days.
Soon after the Hong Kong stock market closed, Xia Yu had just listened to the report.
There was a report from the servant, and the Governor of Hong Kong Su Xingjian came to visit.
Xia Yu immediately ordered people to take Su Xingjian to the living room.
Soon, Su Xingjian with a haggard face came to Xia Yu.
Yesterday and Sunday, Su Xingjian had already visited Xia Yu once. Although he was clearly worried at that time, he was not as haggard as he is today.
"Mr. Governor, it looks like you have been busy all day and didn't rest at noon?"
"Come on, refresh yourself with a cup of tea."
Xia Yu joked with a chuckle.
"Thank you Mr. Xia."
Su Xingjian smiled bitterly, and after thanking him, he picked up his teacup and took a few sips of hot tea.
The hot tea brought a scorching sensation to the tip of his tongue, and the refreshing fragrance of tea also wiped out his fatigue.
Su Xingjian boosted his spirit and said to Xia Yu: "Mr. Xia, according to what we talked about yesterday, today I have basically unified the thinking of the internal staff of the Hong Kong government. Although there are still some people whose attitudes are not clear due to background reasons, they should be affected. Not the whole."
"Before I came, I also communicated with the London side, but the situation is not clear, and the attitudes of many departments above are very vague."
While speaking, Su Xingjian had been observing Xia Yu’s expression. When he saw Xia Yu’s face hesitated, he immediately said: “But Mr. Xia, please rest assured, I will stand firmly on your side. From the standpoint of Xiangjiang, he firmly opposes the "Proposal."
"Xiangjiang has already walked on an unprecedented bright road. I can't let anyone destroy it."
As an Englishman and the Governor of Hong Kong sent by the British government, what he said was completely inconsistent with his identity.
But Su Xingjian was not dizzy. He always knew what to do and what to do.
Although he is the Governor of Hong Kong sent by the British, he knows that his political road has come to an end. Even if it is still possible to go up, it will not be the key department, but the senior care department.
The future of his Monroe family is not in Britain, but in Xia Yu.
He knew very well that even if Xiangjiang was really hit hard this time, Xia Yu still possessed monstrous strength. As long as he leaked a little bit, it would be enough for the Monroe family to rise to the next level.
Even if he is exempted, as long as the Monroe family has strong capital, then his two sons' political roads will not end, and they will even go better.
After all, Britain is a capitalist country in the final analysis. Although politicians hold power, they still rely on capital in the final analysis.
Just like the two major British parliamentarians, most of them are backed by someone behind them.
Even if some members of parliament have no external capital support and belong to traditional political families and nobles, these political families and nobles, under this level of identity, possess powerful capital.
Su Xingjian's goal is to build his Monroe family into a family that can be passed down for a long time.
Only having the status of a politician without capital can only prosper for a while, and fate rests in the hands of higher-ranking people.
But as long as there is enough capital, then it can continue to prosper, and even if it falls in the political arena, there is absolutely the possibility of a comeback.
As long as there is capital, whitewashing one person couldn't be easier.
Therefore, between the British government and Xia Yu, Su Xingjian certainly chose to stand on Xia Yu's side without hesitation. This has always been his choice.
"I know your attitude."
"During this time, I have to trouble you with some pressure."
"Although there are troubles in the UK, your governorship will not be able to move until the last irreversible moment. I am not a vegetarian either."
"Even if the worst is possible, just do it with me. If nothing else, you are still sure of making you a billionaire."
"By the way, the unit is not Hong Kong dollars, but British pounds."
Su Xingjian showed his loyalty, and Xia Yu naturally wouldn't turn a blind eye. He drank a sip of tea~www.readwn.com~ and said to the latter with a smile.
really.
Hearing Xia Yu's words, Su Xingjian's exhaustion was swept away, and a bright smile appeared on his face for an instant.
He doesn't doubt what Xia Yu said, because with Xia Yu's strength, he believes Xia Yu can do it.
And after so many years of contact, he also understands Xia Yu's character!
With hundreds of millions of pounds worth of guarantees, he dared to charge if he didn't dare to have any risks.
"Thank you Mr. Xia."
"Listening to you, I suddenly felt an urge to remove me from my job."
After thanking Su Xingjian, he said with emotion.
"Ha ha……"
Xia Yu couldn't help shaking his head and laughing.
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