The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce
Chapter 12 Chen Wanxian attacks, Wang family father and son are arrogant and domineering
Just as Robert expected.
October 10th is another sunny Monday.
But it has become a nightmare for everyone in Hong Kong.
The Hong Kong stock market, which had been closed for nearly a week, did not experience a miracle after it opened.
Under the pressure of the swarm of selling.
There are all red disks (falling) on the screen, but no green waves (rising) can be seen.
The Stock Exchange was in panic, and everyone was on the verge of collapse.
15 minutes later, the Hang Seng Index had fallen by more than 650 points!
此前10月恒指巅峰为4000点,仅仅开盘15分钟便跌去了史前峰值的1/6!
The total drop for the whole day was 1120.7 points, a drop of 33.33%, the largest single-day drop in history in the world!
After the market closed, Robert was almost crazy, and Cayman Capital invested nearly US$40 billion in Hong Kong City.
Now the Hang Seng Index has fallen by as much as 45%, which means that Wang Lei made nearly 18 billion US dollars by shorting the four major families.
Wang Lei seemed a little calm after hearing this number.
After a long silence on the phone, a new order was issued:
"Robert, buy back the stock, complete the delivery with the lessor, and settle down."
Robert was surprised and asked a little puzzled:
"Boss, the Hong Kong stock market is obviously going to continue to fall. We will make millions of profits every time it falls. Is it too early to settle now?"
“Greed is the biggest original sin, you must remember never to earn the last penny!
As far as I know, the Hong Kong Stock Exchange is preparing to rescue the market with 20 billion, which is a dangerous signal. "
"Boss, you are right. I was blinded by money and did not realize such crucial information."
Although this 20 billion Hong Kong dollars is far from achieving the effect of rescuing the market, it will undoubtedly give hope to many people who have fallen into the water.
The collapse of the Hong Kong stock market has greatly affected the entire Dongzhou. The net worth of the four richest people has shrunk a lot, and countless multi-millionaires have gone bankrupt.
Qi Dayou's Liwei Motorcycle is now on the verge of bankruptcy.
Buying 200 million shares of Peninsula Technology was once his proudest transaction. He began to imagine that after the stock rose sharply, he would become a billionaire.
Let Wang Lei and his son treat each other differently.
It's a pity that his state of mind only lasted less than a day.
On the 19th, the entire Hong Kong stock market was falling, and Peninsula Technology was naturally not immune.
At the close of trading, the price dropped by 5% compared to the previous day.
At that moment, he was devastated, but he did not think about selling the stocks immediately.
He still dreams of getting rich and wants to see which way the wind is blowing.
Many people, like him, have a sense of luck in their hearts:
"The Stock Exchange will definitely take action, and the Hong Kong government will definitely take action."
It was this luck that caused him to lose his last chance to evacuate.
Then what greeted him was the market closing for four consecutive days, after almost seven days of suffering.
Peninsula Technology did not usher in a miracle.
After the market opened on the 26th, it instantly fell by 10%.
Looking at the scrolling screen, Qi Dayou knew that he was finished. Even if he sold, no one was willing to take over.
All his wealth was completely locked up in the stock market.
You must know that a large part of his leverage money does not come from formal channels!
It is easy to borrow money from underground banks and does not even require any collateral.
The other party wants to force money on you, but wants to default on the debt or default on the payment...
It would be easy to break off an arm or a leg, but what he was most afraid of was hurting his two beautiful daughters.
Thinking that his daughter would be repeatedly insulted by a group of bastards, and even reduced to a high-end plaything, Qi Dayou's eyes suddenly darkened and he fainted.
In his confusion, he thought of asking the Wang family for help.
Presumably the other party will miss his old relationship and help him get through this difficult time.
Wang Lei didn't know what happened to Qi Dayou. He was called to the conference room by Wang Zhengyi.
The Wang family and his entourage treated him seriously.
Chen Manxian, the chief executive of the Stock Exchange, personally led a team to personally investigate the illegal listing of Peninsula Technology.
Peninsula Technology has received a large number of reports and complaints.
A huge sum of 20 billion was raised publicly a few days ago, and the stock market crash happened on the second day of listing.
As a result, many investors were dissatisfied and wanted the Stock Exchange to exert pressure to refund their contributions.
Moreover, Peninsula is temporarily listed in advance, so it is difficult to explain the coincidence.
Looking at the handsome Chen Wanxian in the elevator surveillance room, Wang Xiaotian spat:
"This guy really dares to come to the door. I have never seen him so neat when collecting money."
"Xiao Tian stop talking nonsense. Now is not the time to break up with him. Let's think about how to deal with their attacks."
Wang Zhengyi was also a little unsure of what Chen Wanxian was thinking.
Without even saying hello, he would come to your door to ask questions. This is not the way a partner should behave.
If it weren't for the fact that the Hong Kong Stock Exchange had all his informants, Chen Wanxian might really have been caught off guard.
Wang Lei guessed the "big housekeeper's" state of mind at this time and said with a smile:
"Dad, I think this big manager is also driven by the media. He wants to throw us out to reduce the pressure of public opinion on himself."
Chen Wanxian's decision to suspend the market for four days (actually one week) has been questioned by the media.
He even got so anxious when questioned by foreign media that he directly knocked on the desk at the podium, asked the other party's name, and threatened to sue the other party and go to jail.
Coupled with the Wang family's operation, it really made people think about Feifei. It was too coincidental, which made Chen Wanxian have some twisted thoughts.
Wang Zhengyi snorted coldly: "Do you really think that our Wang family is made of clay?"
"Dad, it will be a matter of time before he steps down. Now is not the time for us to take action."
Wang Zhengyi, who had already resorted to means, nodded. He was now more and more convinced of his youngest son's words.
As soon as Chen Wanxian sat down, he gave the Wang family and others a warning and asked them to take out a thick stack of documents:
"Chairman Wang, here are the complaints against Peninsula Technology. I hope you can give investors a reasonable explanation."
"Explanation?" Wang Zhengyi and his two sons sneered, "My Wang family never explains things to outsiders."
The arrogance and arrogance of the chaebol are vividly interpreted.
Wang Lei even more confidently retorted: "Chen Wanxian, which law says that a company cannot be listed in advance, and which law says that in the event of force majeure, a listed company needs to withdraw its rights issue?"
The people brought by Chen Wanxian were all stunned. They never thought that the Wang family would be so arrogant in the face of questioning.
Not only did the other party fail to give in, they also wanted to hold him accountable in return.
A young investigator knocked on the table angrily and said: "Asshole, we are questioning you now, we need a reasonable..."
"Oh, where are the flies?"
Wang Zhengyi felt confident: "If you have evidence that we broke the law, you can arrest me now."
"On the other hand, after you have collected so many bribes, someone took the initiative to report you without me taking any action."
"Humph, you will be miserable then."
If he wants to make the Wang family spit out the money they have earned, Chen Wanxian is not qualified yet.
After hearing this, Chen Wanxian's people's faces changed drastically.
Seeing that this group of people were extremely sad and angry, Wang Lei stepped forward to calm the atmosphere and said:
“Chairman Chen, we know that you regard Peninsula’s delisting as the last straw to restore public opinion.
But have you ever thought that Peninsula’s withdrawal of its rights issue would be a greater challenge to the Hong Kong city’s free economy and reputation.
You must know that Peninsula was not the only one to go public in October. Seven companies were successfully listed with your approval, and several companies even issued new shares to raise funds! "
"If Peninsula Technology withdraws its rights issue, will the investors of these dozen companies also withdraw their capital?"
"Suppose that in order to resolve the pressure of public opinion, more than a dozen companies successfully withdraw their rights issues, what about the companies listed in September? You are a smart person, and you know very well what the Stock Exchange will face next?"
October 10th is another sunny Monday.
But it has become a nightmare for everyone in Hong Kong.
The Hong Kong stock market, which had been closed for nearly a week, did not experience a miracle after it opened.
Under the pressure of the swarm of selling.
There are all red disks (falling) on the screen, but no green waves (rising) can be seen.
The Stock Exchange was in panic, and everyone was on the verge of collapse.
15 minutes later, the Hang Seng Index had fallen by more than 650 points!
此前10月恒指巅峰为4000点,仅仅开盘15分钟便跌去了史前峰值的1/6!
The total drop for the whole day was 1120.7 points, a drop of 33.33%, the largest single-day drop in history in the world!
After the market closed, Robert was almost crazy, and Cayman Capital invested nearly US$40 billion in Hong Kong City.
Now the Hang Seng Index has fallen by as much as 45%, which means that Wang Lei made nearly 18 billion US dollars by shorting the four major families.
Wang Lei seemed a little calm after hearing this number.
After a long silence on the phone, a new order was issued:
"Robert, buy back the stock, complete the delivery with the lessor, and settle down."
Robert was surprised and asked a little puzzled:
"Boss, the Hong Kong stock market is obviously going to continue to fall. We will make millions of profits every time it falls. Is it too early to settle now?"
“Greed is the biggest original sin, you must remember never to earn the last penny!
As far as I know, the Hong Kong Stock Exchange is preparing to rescue the market with 20 billion, which is a dangerous signal. "
"Boss, you are right. I was blinded by money and did not realize such crucial information."
Although this 20 billion Hong Kong dollars is far from achieving the effect of rescuing the market, it will undoubtedly give hope to many people who have fallen into the water.
The collapse of the Hong Kong stock market has greatly affected the entire Dongzhou. The net worth of the four richest people has shrunk a lot, and countless multi-millionaires have gone bankrupt.
Qi Dayou's Liwei Motorcycle is now on the verge of bankruptcy.
Buying 200 million shares of Peninsula Technology was once his proudest transaction. He began to imagine that after the stock rose sharply, he would become a billionaire.
Let Wang Lei and his son treat each other differently.
It's a pity that his state of mind only lasted less than a day.
On the 19th, the entire Hong Kong stock market was falling, and Peninsula Technology was naturally not immune.
At the close of trading, the price dropped by 5% compared to the previous day.
At that moment, he was devastated, but he did not think about selling the stocks immediately.
He still dreams of getting rich and wants to see which way the wind is blowing.
Many people, like him, have a sense of luck in their hearts:
"The Stock Exchange will definitely take action, and the Hong Kong government will definitely take action."
It was this luck that caused him to lose his last chance to evacuate.
Then what greeted him was the market closing for four consecutive days, after almost seven days of suffering.
Peninsula Technology did not usher in a miracle.
After the market opened on the 26th, it instantly fell by 10%.
Looking at the scrolling screen, Qi Dayou knew that he was finished. Even if he sold, no one was willing to take over.
All his wealth was completely locked up in the stock market.
You must know that a large part of his leverage money does not come from formal channels!
It is easy to borrow money from underground banks and does not even require any collateral.
The other party wants to force money on you, but wants to default on the debt or default on the payment...
It would be easy to break off an arm or a leg, but what he was most afraid of was hurting his two beautiful daughters.
Thinking that his daughter would be repeatedly insulted by a group of bastards, and even reduced to a high-end plaything, Qi Dayou's eyes suddenly darkened and he fainted.
In his confusion, he thought of asking the Wang family for help.
Presumably the other party will miss his old relationship and help him get through this difficult time.
Wang Lei didn't know what happened to Qi Dayou. He was called to the conference room by Wang Zhengyi.
The Wang family and his entourage treated him seriously.
Chen Manxian, the chief executive of the Stock Exchange, personally led a team to personally investigate the illegal listing of Peninsula Technology.
Peninsula Technology has received a large number of reports and complaints.
A huge sum of 20 billion was raised publicly a few days ago, and the stock market crash happened on the second day of listing.
As a result, many investors were dissatisfied and wanted the Stock Exchange to exert pressure to refund their contributions.
Moreover, Peninsula is temporarily listed in advance, so it is difficult to explain the coincidence.
Looking at the handsome Chen Wanxian in the elevator surveillance room, Wang Xiaotian spat:
"This guy really dares to come to the door. I have never seen him so neat when collecting money."
"Xiao Tian stop talking nonsense. Now is not the time to break up with him. Let's think about how to deal with their attacks."
Wang Zhengyi was also a little unsure of what Chen Wanxian was thinking.
Without even saying hello, he would come to your door to ask questions. This is not the way a partner should behave.
If it weren't for the fact that the Hong Kong Stock Exchange had all his informants, Chen Wanxian might really have been caught off guard.
Wang Lei guessed the "big housekeeper's" state of mind at this time and said with a smile:
"Dad, I think this big manager is also driven by the media. He wants to throw us out to reduce the pressure of public opinion on himself."
Chen Wanxian's decision to suspend the market for four days (actually one week) has been questioned by the media.
He even got so anxious when questioned by foreign media that he directly knocked on the desk at the podium, asked the other party's name, and threatened to sue the other party and go to jail.
Coupled with the Wang family's operation, it really made people think about Feifei. It was too coincidental, which made Chen Wanxian have some twisted thoughts.
Wang Zhengyi snorted coldly: "Do you really think that our Wang family is made of clay?"
"Dad, it will be a matter of time before he steps down. Now is not the time for us to take action."
Wang Zhengyi, who had already resorted to means, nodded. He was now more and more convinced of his youngest son's words.
As soon as Chen Wanxian sat down, he gave the Wang family and others a warning and asked them to take out a thick stack of documents:
"Chairman Wang, here are the complaints against Peninsula Technology. I hope you can give investors a reasonable explanation."
"Explanation?" Wang Zhengyi and his two sons sneered, "My Wang family never explains things to outsiders."
The arrogance and arrogance of the chaebol are vividly interpreted.
Wang Lei even more confidently retorted: "Chen Wanxian, which law says that a company cannot be listed in advance, and which law says that in the event of force majeure, a listed company needs to withdraw its rights issue?"
The people brought by Chen Wanxian were all stunned. They never thought that the Wang family would be so arrogant in the face of questioning.
Not only did the other party fail to give in, they also wanted to hold him accountable in return.
A young investigator knocked on the table angrily and said: "Asshole, we are questioning you now, we need a reasonable..."
"Oh, where are the flies?"
Wang Zhengyi felt confident: "If you have evidence that we broke the law, you can arrest me now."
"On the other hand, after you have collected so many bribes, someone took the initiative to report you without me taking any action."
"Humph, you will be miserable then."
If he wants to make the Wang family spit out the money they have earned, Chen Wanxian is not qualified yet.
After hearing this, Chen Wanxian's people's faces changed drastically.
Seeing that this group of people were extremely sad and angry, Wang Lei stepped forward to calm the atmosphere and said:
“Chairman Chen, we know that you regard Peninsula’s delisting as the last straw to restore public opinion.
But have you ever thought that Peninsula’s withdrawal of its rights issue would be a greater challenge to the Hong Kong city’s free economy and reputation.
You must know that Peninsula was not the only one to go public in October. Seven companies were successfully listed with your approval, and several companies even issued new shares to raise funds! "
"If Peninsula Technology withdraws its rights issue, will the investors of these dozen companies also withdraw their capital?"
"Suppose that in order to resolve the pressure of public opinion, more than a dozen companies successfully withdraw their rights issues, what about the companies listed in September? You are a smart person, and you know very well what the Stock Exchange will face next?"
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