Rebirth of Hong Kong 1981
Page 390
However, the fall of the Hang Seng Index finally relieved their tense nerves.
So people are staring at the data screen, without any other action.
This morning, after Yang Chen arrived at the trading room, he had already notified them that the trading was temporarily suspended.
There will be no trading today and the next two days, so as to give big investors and investors a buffer time.
If the Hang Seng Index had just fallen, he would dump the order, which would inevitably cause a herd effect. He didn't want to turn the Hang Seng Index into a sharp drop all at once.
If that's the case, the little leeks at the bottom level may not even have any roots left in the end.
As for the decline of the Hang Seng Index, he was not worried at all whether anyone would buy it. The stock market crashed in [-], and the market fell, and there were still people sweeping the market desperately.
This time the Hang Seng Index began to decline so little, and in two days someone will definitely enter the market waving banknotes.
The Hang Seng Index must not plummet at the very beginning, otherwise, his short-selling plan will come to nothing.
His 100 billion funds have only entered 30 billion now, and if there is so much left, if he can't get rid of it, wouldn't it be a waste.
His game console is about to go into the next step of production. In order to prevent the game console from being sold out, he is rushing to store [-] million game consoles.
With such a large amount, the cost alone can exhaust his current funds.
Next, he plans to borrow money from HSBC and Standard Chartered. He now has nearly [-] billion cash in hand, and he is not afraid that the two banks will not lend him money.
During the trip to France, he earned one billion US dollars, 50 billion in Hong Kong dollars. He made a further 43 billion from being long on the Hang Seng Index before. In addition to his initial loan of 20 billion from HSBC, he used it for the expansion of Carrefour and the acquisition of Kowloon Bus.
Only the US$[-] million loan from Standard Chartered Bank to go short in France was not repaid, all of which were used to acquire Standard Chartered’s Xiangjiang retail supermarket and Standard Chartered’s retail stores in other parts of Asia.
After he returned from France, he directly repaid the [-] million U.S. dollar short loan from HSBC. After all, the [-] million U.S. dollar was his loan with the shares of Xue's manufacturing industry, so he couldn't repay it.
In other words, the sum of his loans is only 30 billion, while the cash, 50 billion plus 43 billion, plus the billion he shorted the Hang Seng Index, has reached [-] billion Hong Kong dollars.
20 billion Hong Kong dollars, equivalent to about 30 billion in U.S. dollars. According to the hardware cost of a game console, the average is about [-] U.S. dollars, and the storage of [-] million units is close to [-] billion U.S. dollars.
With the little money in his hand, if he didn't take out a loan, it wouldn't be enough to spend all of it.
Even if part of the cost can be owed first, his little money is just enough. If he uses up all the cash on hand, he will be in trouble when something happens.
A little carelessness, improper handling, may overturn in one day.
Therefore, loans are inevitable, and he is also preparing to borrow as much as he can, so that he has enough cash in his hands.
Use the money borrowed from the bank to advance the cost of the game console for him, while his own money will continue to be deposited in the bank for emergencies.
As for the previous investment in the grain and oil processing plant with Inland and Huo Daheng, it is not something that can be invested immediately.
This had to wait until Huo Daheng finished his inland inspection and everything was ready before it was his turn to pay.
As for Zhao Chuanwang, he had already set the time when he was discussing. Even if the fleet and Asian business were handed over, the money would not be settled until the end of the year.
One billion funds is not a small sum, no matter how anxious Zhao Chuanwang is, he can only wait.
Of course, after disposing of the Asian business and fleet, Huaguang will not only be under debt pressure, but also greatly reduce its expenses. In this way, the pressure on Zhao Chuanwang will be much less.
Moreover, even if such a big company is split, it will take time to integrate. A few months is really not long.
There was a dull pain in his arm, which pulled Yang Chen out of his thoughts.
Looking down, I saw that He Chaoqiong beside him was holding his arm tightly with both hands, and his excited nails were sunk into his flesh.
Yang Chen suddenly felt speechless.
Without saying anything, he looked up at the data screen and saw that the Hang Seng Index was hovering back and forth slightly above [-] points, which made people feel anxious.
In front of him on the right, He Hongtao clenched his hands into fists, and the veins on his arms burst out, showing how excited the other party was.
Affected by the decline of the Hang Seng Index, all the traders were also excited. They kept their eyes open and stared at the trend of the Hang Seng Index. Even if a small index rose or fell, it would affect their nerves.
'These people are really impatient. "Yang Chen shook his head, secretly sighing for these middle-aged people who are old and young.
Of course, this means that he knows the trend of the Hang Seng Index, otherwise he would be no better than others in this situation.
Different from the tension in the trading room, Dapan Wang finally started his busy day of work after receiving the news that the Hang Seng Index fell.
The decline in the Hang Seng Index was not accidental.
The rate hike by the Association of Banks is bound to have a certain impact on Hong Kong's economy. It is inevitable that the Hang Seng Index will fall. As for the extent of the impact and the extent of the decline, no one knows.
It may recover within a few days, or it may continue to be affected. As for the sharp drop, no one has thought about it.
Judging from the current Hong Kong economy, the market is stable, and nothing can affect the plummet of the Hang Seng Index.
Of course, things like the economy, especially the free market in Xiangjiang, and the direction of the economy can never be manipulated by humans.
Sometimes political influence is much greater than external economic pressure, especially at this critical juncture, when the two countries are preparing to negotiate on the Xiangjiang issue.
Politics affects economics, even in capitalist countries.
In later generations, he read many novels about how awesome and powerful capitalists are, and how capitalist countries are controlled by capitalists. He also believed this at first.
Later, Yang Chen finally understood that big fists are the last word.
No matter how powerful the capitalists are, as long as the higher-ups are determined to punish you, no matter how rich you are, you will be blind.
The richer the person, the lower the profile.
After Li's richest man in later generations stabilized his business empire, he began to hide it little by little.
The four major grain merchants of the later generations, each of them beeped, and each of them buried themselves in the soil silently, covering them tightly.
Therefore, politics is really not for the capitalists to play with. They honestly follow behind to make money, and don't want to get involved in other things.
As long as his strength reaches a certain level, the country will naturally protect him.
Chapter 413 Dialogue with Tai Pan Wang
Another half hour passed. .
After the Hang Seng Index fell below [-] points, Yang Chen turned his head to look at He Chaoqiong and said, "Ah Qiong, you watch here, I have something to do, I need to talk to Daban Wang."
He Chaoqiong: "You go, I'll help you watch here."
Now that the Hang Seng Index has fallen, even if it rebounds next, as long as it does not exceed [-] points, there will be no danger.
Now Yang Chen is only looking for Tai Pan Wang, and not leaving HSBC, so she naturally has nothing to worry about.
Leaving Chen Aiguo behind, Yang Chen took Junzi and Tietou and walked straight to Taipan Wang's office.
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