NABC Chapter 263
Chapter 263
Text Chapter 263 A sinister day is no match for human beings 【Seeking flowers! Ask for a monthly pass! ]|A hundred years of a family, the rise from Hong Kong Island|A hundred years of a family, the rise from Hong Kong Island Chapter Read-Siku Bookstore
Chapter 263 A sinister day is nothing but a human being [Seeking flowers! Ask for a monthly pass! 】
Listening to the words of Hong Kong Governor Youde, everyone in the room had a serious expression.
This stock market crash didn’t come too suddenly, but not everyone was like Su Shaoze, who was fully prepared in advance and had a large amount of funds in hand.bargain.
Easily won the Hong Kong Island Electric Company.
And everyone else has lost a lot, it seems that Li Chaoren has lost more than one billion. His shares of Cheung Kong, Hutchison Whampoa, and Jiahong International all plummeted by 20% to 30%.
In addition to Li Chaoren, HSBC, Hutchison, Hong Kong Island Land, and Bao Chuanwang’s global shipping company also suffered a lot.
The more billions, the less than one billion, the market value has all evaporated, which can be said to hurt the bones.
So everyone hopes that the economic crisis will end soon.
Chinese-funded enterprises want to grow and develop, while British-funded enterprises want to get out as soon as possible.
With the conclusion of Sino-British negotiations, the return of Hong Kong Island has become a foregone conclusion.
Although the North made a statement, private property is sacred and inviolable, and it will make every effort to protect the property safety of the British and Chinese in Hong Kong.
And welcome people from all walks of life on Hong Kong Island – to invest in the Mainland.
But it still has a great impact on the society of Hong Kong Island, even many Chinese people are worried, let alone the British.
Even if what the north said is true, their property and interests will not suffer any loss, but after all, Hong Kong Island will no longer belong to the Empire of Japan.
Their special powers on Hong Kong Island will disappear.
In the normal competition with Chinese-funded enterprises, there are no longer so many advantages, so in order to avoid the assets in hand continue to shrink.
These British-funded companies need to sell their assets at a high price at the right time, and find a big one to take over.
But the economic crisis is endless, and the assets in their hands have depreciated greatly.
If it goes on like this, when will they get out?
People on Hong Kong Island don’t care whether their lives are hard or not. They only care that their money doesn’t continue to evaporate in the economic crisis.
Therefore, the economic crisis must stop and the Hong Kong Island economy must recover.
This is also the common purpose of Hong Kong Governor Youde and all British-owned enterprises.
“Everyone, the purpose of calling everyone here today is to hope that everyone can come together to save the city.” Hong Kong Governor Youde said straight to the point.
“The Hong Kong Island stock market is related to the economy of Hong Kong Island. If the stock market slumps, the economy will also slump.”
“The rise and fall of Hong Kong Island is related to your vital interests. At this time of crisis, I hope everyone will not back down and stand up bravely to help save the Hong Kong Island stock market.”
Everyone was not surprised to hear him say that. Because they had guessed that they were called to save the market before they came, and when they saw everyone present, they were more sure of their guesses.
Just guessing and guessing, everyone still has different views on saving the market.
You must know that the Hong Kong Island stock market is still bearish all the time, not to mention that they have no money in their hands, even if all the money is thrown into the stock market.
If the stockholders lack confidence in the market and sell frantically, not to mention the top 20 richest people, even if the top 100 richest people on Hong Kong Island are called together to save the market, it will be useless.
Because once the stock market crash breaks out, it will not work with billions of Hong Kong dollars.
Therefore, after listening to the words of the Hong Kong Governor, everyone did not express their position, waiting for others to stand up first.
After being silent for a while, the head of the Kadoorie family, a white-skinned old man spoke.
“Hong Kong Governor Youde is right. Our Kadoorie family has lived on Hong Kong Island for a hundred years, and it has long been integrated with the rise and fall of Hong Kong Island.”
“Faced with this stock market crash, we really can’t stand by and do our best to save the market!” Kadoorie said solemnly.
The Kadoorie family is quite special. They are the first group of rich people to come to Hong Kong Island. When they returned, they did not leave Hong Kong Island like other British-owned enterprises, but continued to survive in a stable manner.
Even 40 years later, the Kadoorie family is still one of the top 20 families on Hong Kong Island.
“But Hong Kong Governor Youde, we also have our own difficulties. You let us save the market, I support 100%, but there is an old Chinese saying that ‘a clever woman can’t cook without rice’.”
“To be honest, the four listed companies in the hands of our Kadoorie family now have less than HK$500 million in liquidity. For this stock market crash, it’s a drop in the bucket.”
“Yes, I also support the words of Hong Kong Governor Youde, but our company’s liquidity is not much, only less than 300 million Hong Kong dollars.” Zheng Yuyin also said.
Real estate companies don’t expect much liquidity from them.
Afterwards, other rich people also complained, saying that their liquidity was insufficient and could not be of much help.
Although everyone here has billions of assets, assets are not equal to funds. Generally speaking, their liquidity is only a few hundred million Hong Kong dollars at most, and it is impossible to accumulate too much cash.
Once you have money in your hand, you will invest immediately, and the real estate company will buy land and build a house.
Originally the economic crisis let them eatWithout a big loss of cash flow, the money was pressed on the project and could not be transferred out.
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So now asking them to spend money to save the market is simply embarrassing them.
And although Su Shaoze still has a lot of money in his hand, this is the money he intends to continue to buy bottoms, and it is impossible to use it to help the Hong Kong government save the market.
The reputation belongs to the Hong Kong government, what can he do for Su Shaoze?
The difference here is that Su Shaoze’s bottom-hunting are all selective high-quality assets, and the Hong Kong government’s rescue goal must be to give priority to those important companies that have fallen the worst.
What Su Shaoze got back was just a bunch of stocks that could appreciate in value, and it was difficult to control these companies.
“Okay, everyone, I know you’re in trouble, so I’ve come up with a solution for you.” Sir Wilson waved his hand and said, “I’ve discussed with Mr. Shen Conge, and his HSBC Bank will issue loans to you in two installments. .”
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“This loan does not require collateral. The first batch of loans is one billion Hong Kong dollars each.”
“Ah, it’ll be fine.”
“This is great!”
“One billion dollars for one person, 20 billion Hong Kong dollars for twenty people, should be able to save the market.”
When all the rich people heard this, their faces were filled with happy smiles.
With this billion Hong Kong dollars, they can make a fortune by taking advantage of this stock market crash.
However, Su Shaoze was shown a face by the operation of the Hong Kong Governor.
Damn it!
What is HSBC?
This is one of the issuing banks of Hong Kong dollars.
These two tens of billions of cash are definitely not deposits of HSBC, and they will not have so many reserves.
How did that come about?
It must be printing money!
And the 20 billion cash is only the first batch, and there will be a loan in the future.
You must know that before the economic crisis, the market value of HSBC could not reach 10 billion.
The sudden appearance of 20 billion Hong Kong dollars in the stock market can indeed save the stock market.
But the consequences are also very serious.
Inflation!
Even if the economic crisis can be safely passed, the price it bears will be transferred to the people of Hong Kong Island.
The money in their hands will become even more worthless, and they have to work hard every month to pay off the crazy-rising mortgage.
One by one will live as house slaves.
And for this situation, will the Hong Kong government and Japan care?
Certainly not!
Hong Kong Island will soon no longer belong to them. Does the Hong Kong government still need to care about the pressure on the lives of Hong Kong Islanders in the future?
Get away with a big profit!
Seriously! Big.