We're building a super chaebol in Hong Kong

Just as Su Cheng was paying attention to the stock situation of Huifeng Bank, something related to Huifeng Bank was happening in the UK, thousands of miles away.

September 13th, evening.

London, England, in the Mori Fund office on a skyscraper more than 100 meters high near the London Stock Exchange, dozens of researchers and teaching staff looked worried, with frozen expressions on their faces.

Mori Fund has tens of thousands of high-income loyal investors who trust Yurki Asensio very much, believing that their assets can generate considerable returns every year under the custody of Mori Fund Company.

It can be said that Yurki Asensio is a star in the British fund company.

However, this star in the fund industry didn't have a smile on his face at this moment.

In fact, even though the air conditioner was on in the office, sweat was flowing down his face.

Who would have thought that the German stock market would continue to fall despite the fact that most major stock markets were not affected by the oil crisis.

The reason why he was sweating profusely in the hot weather was that Mori Fund's investment focus had been nearly half on Germany this year.

A year ago, Mori Fund Company, sensitively aware of the recurrence of the oil crisis, chose to focus its investment on the German market, which had a smaller decline during the first oil crisis, in order to prevent a serious stock market crash like the first oil crisis.

However, what surprised them this time was that the world's major stock markets not only did not suffer a stock market crash, but instead rose to varying degrees, ushering in a small bull market.

However, this small bull market had nothing to do with the Frankfurt stock market.

While other stock markets were rising to varying degrees, the Frankfurt stock market was actually falling continuously, ushering in another stock market crash!

Today, the Frankfurt Stock Exchange DAX index fell again by 489.26 points, a drop of 3.29%.

In just one year, the Frankfurt stocks held by Mori Fund Company have fallen by 28.21%, and the assets they hold have also shrunk by nearly 20%!

This situation poses a very serious problem for Mori Fund Company, which is how to give investors an explanation!

Other funds invest in the U.S. stock market, the British stock market, and even the Hong Kong stock market, all of which have increased to a certain extent. Even if they don’t make much money, at least they don’t lose money!

But Mori Fund not only didn't help investors make money, but lost money, and lost a lot!

A new redemption period is coming up in a few days, and they are facing a situation where funds cannot be collected. Nearly half of the funds are trapped in the Frankfurt stock market.

It is impossible to sell the stocks in the Frankfurt stock market now. If they don't sell, their stocks can still rise back. If they sell, then they really have no way to face the investors.

Fund managers jumping off buildings is not new in the financial market, and Yurki Asensio doesn't want to go this far.

In desperation, Yurki Asensio had to urgently convene an elite meeting of all staff to discuss whether there was a solution.

"Everyone, please speak up, what should we do? What other way can we temporarily solve this problem? As long as we get through this redemption period, we will definitely have a way to earn back our losses before the next redemption period," Yurki Asensio sighed and said to the elites present.

"The current situation is very clear, that is, we must cut off our wrists to survive. The funds involved in this redemption period are as high as 250 million pounds. We must first sell off a portion of the stocks to cash out, and we must solve this matter before September 17th, and today is already September 13th, there is not much time left!" said Camilo Guerrero, another person in charge of Mori Fund Company, sighed.

In order to cope with the redemption period, they must have 250 million pounds of cash in their fund account, otherwise, the consequence of Mori Fund Company being unable to fulfill the contract is liquidation and bankruptcy.

These days, both Yurki Asensio and Camilo Guerrero have been calculating various plans and their feasibility, and even the idea of ​​borrowing money has been put into action, but it is of no use.

As a well-known fund company in London, it has good relations with several banks, but the banks that usually have a lot of dealings with them cannot be contacted these days, and even if they are contacted, they are perfunctory with various reasons.

Because many banks have already received the news in advance and are very clear about the shape of Mori Fund Company, so these banks are now "only in and not out", and they can't wait for Mori Fund Company to repay their loans. How can they still lend to Mori Fund Company?

In this case, no bank would dare to risk lending to Mori Fund Company, which is no different from courting death.

Yurki Asensio glanced around the room, hoping to get quick and effective advice from some elite.

However, the result was somewhat disappointing to him, and almost no one could meet his gaze.

Just then, a researcher sitting at the very end raised his hand.

"Henry, speak," Yurki Asensio didn't have much hope, but he still let the researcher sitting at the very end speak his mind.

Although Henry is also an elite researcher at Mori Fund Company, Yurki Asensio doesn't think that he can really get any good ideas from Henry.

The newest novel is first published on Liu 9 Shu Ba!

Because Henry is too young, so young that he is not even 30 years old.

That's right, Henry is only 29 years old this year and has been in the fund industry for 6 years.

6 years of experience in the industry seems not short, but in fact, in the fund industry, it is just a time to leave the novice area.

In the fund industry, without ten or twenty years of industry experience, no one dares to say that they are a big shot in the fund industry, because experience is really important in this industry.

However, Henry, in just six years, has grown from a newcomer to an elite researcher at Mori Fund Company.

This is of course related to his performance.

Performance is the most direct proof in the fund industry.

Without good performance, no matter how many years of industry experience you have, you are rubbish.

However, if you have a short time in the industry, but your performance is better than many experienced researchers, then it means that you are a genius in this industry.

Henry's growth from an ordinary researcher to an elite researcher in just a few years is the best proof. (End of this chapter)