The capital empire of the city
Chapter 169
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Time is fleeting, and before you know it, five days have passed.
In the past five days, HeungKong has attracted a major event that shocked the people of Hong Kong.
First of all, Qin Tianwei, the controller, chairman and president of Standard Chartered Bank, announced to many media that he would sell 40.01% of the shares of Standard Chartered Bank held by the Qin family to Yang Fan for HK$1.
Note 1: Qin Yu holds 12.8% of the shares of Standard Chartered Bank and Qin Tianwei holds 27.3% of the shares of Standard Chartered Bank.
Note 2: The transfer is subject to tax fees, and the advice given by Yang Fan’s private advisory group (think tank) after arriving in Xiangjiang is to sell it.
As soon as this incident was reported by the media, it instantly aroused heated discussions among the citizens of Xiangjiang, from political dignitaries and super-rich people to traders and ordinary people.
They speculated about why Qin Tianwei, in the incident, sold 40.01% of the shares of Standard Chartered Bank held by the Qin family to others for HK$1.
Is it being threatened?
Or sabotage?
Or maybe . . .
Accounts differ and opinions vary.
In addition, everyone also speculated that Yang Fan, who had obtained 40.01% of the shares of Standard Chartered Bank held by the Qin family, who was he?
Why he was able to buy $7.3 billion worth of Standard Chartered Bank shares for HK$1. (Note: Standard Chartered Bank has a total market capitalization of $18.2 billion.) )
How powerful is he?
How strong is he?
How powerful is he?
However, most people don’t know who Yang Fan really is? What is the identity? How much power, power, and strength you have.
They only knew that Yang Fan couldn’t be provoked, and they couldn’t afford to mess with it.
Only a small number of people, forces, magnates, and super-rich who have a close attention to the economy and society of the United States and a certain understanding of the United States know Yang Fan, know Yang Fan as a person, and know what kind of identity, power, and status Yang Fan has.
However, it was they who knew Yang Fan and the horror of Yang Fan’s giant crocodile, and only then did they know why Qin Tianwei sold his shares in Standard Chartered Bank, and they sold them at a price of 1 Hong Kong dollar.
Cry wolf.
Is Yang Fan’s purpose in coming to Xiangjiang just for Standard Chartered Bank?
Or is there another goal?
Or…
Anyway, knowing Yang Fan’s true identity, Li, magnates, and super rich, after getting Qin Tianwei to sell the shares of Standard Chartered Bank for 1 Hong Kong dollar, everyone became at risk.
They all began to inquire about Yang Fanjiang’s purpose and tried to make friends with Yang Fan.
Secondly, when the whole Hong Kong people were hotly discussing Qin Tianwei and Yang Fan, the stock of Standard Chartered Bank was shorted by unknown forces in the HeungKong stock market, forcibly suppressing the stock price.
In one day, the stock price of Standard Chartered Bank was suppressed from the initial HK$48.23 per share to HK$21.62 per share.
(Note: Unlike the Celestial Empire stock market, which has falling and rising restrictions, any stock in the Xiangjiang stock market can rise and fall without limit.) Celestial Empire stock stocks are limited to falling by no more than 10% per day. )
The straight decline in the stock of Standard Chartered Bank directly made the heartbeats of those financial institutions and shareholders who owned Standard Chartered Bank shares.
Coupled with the incident of Qin Tianwei selling shares for HK$1, those financial institutions and shareholders who owned the shares of Standard Chartered Bank were suddenly divided into two factions.
One group feels that there are forces to manipulate the stock price of Standard Chartered Bank in the stock market, and this force is self-evident, it must be related to Yang Fan.
Yang Fan wants to achieve the purpose of acquiring the shares of Standard Chartered Bank by suppressing the stock price of Standard Chartered Bank.
Therefore, they believe that although the stock of Standard Chartered Bank has been shorted and strongly suppressed by Yang Fan, and the stock price has fallen by more than half, as long as they insist on holding Standard Chartered Bank shares, after Yang Fan acquires enough shares, they will definitely stabilize the stock price, return the stock price to the previous price, and even rise sharply.
Anyway, if they continue to hold Standard Chartered Bank shares, they will not lose anything.
The other faction wants to cut the meat and run away.
Who do they think is shorting Standard Chartered Bank shares and strongly suppressing stock prices? Is it Yang Fan.
None of this is important to them, what matters is that Standard Chartered Bank shares have become strong players and become market makers.
As long as there is a market maker, then the stock of Standard Chartered Bank, is it not the market maker who has the final say?
They continue to hold Standard Chartered Bank shares, and sooner or later they will be cut leeks.
In addition, they also suspected that the stock price of Standard Chartered Bank fell sharply in such a short period of time, and Qin Tianwei sold shares for 1 Hong Kong dollar, whether there was a problem within Standard Chartered Bank and it was about to thunder.
(Note: Lao Gu is here to say a digression, don’t touch the stock of the banker, no matter how good you are to speculate in stocks, sooner or later you will be knifed and will be cut leeks.) In addition, there is a thunderstorm, which is the most terrible, and now Lao Gu is trapped, and there is no chance to untie it at a low price. Wry smile .jpg)
Long-term pain is not as good as short-term pain.
Now cut the flesh and leave, although there are great losses, but they retain most of the principal, which is better than nothing.
As a result, this person joined the sale of Standard Chartered Bank’s shares, which instantly accelerated the decline in the stock price of Standard Chartered Bank.
From HK$21.62 per share, it took only two days to fall to HK$8.16 per share.
HK$8.16 per share, which could have been lower if it had not been for the official investigation.
At the time of the official investigation, Char had already helped Yang Fan acquire 27.3 percent of the shares of Standard Chartered Bank in the Heungkong stock market.
At this time, Yang Fan held 67.31 percent of the shares of Standard Chartered Bank, holding more than two-thirds of the shares of Standard Chartered Bank, so when Yang Fan officially settled in Standard Chartered Bank to start an investigation, he immediately asked the new president of Standard Chartered Bank, Bu Lang, to hold a press conference to announce that Standard Chartered Bank had entered the delisting stage and was willing to acquire the stocks held by major financial institutions and shareholders at a premium of 200% according to the current stock price of Standard Chartered Bank.
(Note: Bu Lang, aged 42, holds a postdoctoral degree in finance from Oxford University and has held important positions in major banks around the world, and was recruited by Anna with a lot of money when Yang Fan asked Anna to establish her own private advisory group.) After he was sent by Anna to Heungjiang, he was appointed president by Yang Fan and led to manage Standard Chartered Bank. )
The press conference held by Bulang caused an uproar as soon as it was reported by the media.
Standard Chartered Bank is one of the three major banknotes issuing banks in Heungjiang! (The other two are the People’s Bank of the Celestial Empire and Hengfeng Bank.) )
This announced the delisting, let it become a private bank, how can it work?
————–_
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