The First Thousand and Fortieth Chapters HSBC Was Miserable

After successfully fooling Wang Ping and Li Hua, Xia Yu no longer had any worries and continued to promote the stock market crash.

speak.

Due to the spread of rumors, the share price of Swire Pacific Group has fallen even further. When the market was closed in the morning, its market value had fallen below 10 billion Hong Kong dollars, closing at more than 8.13 billion Hong Kong dollars, and 5.1 billion Hong Kong dollars had evaporated in the morning. The market value of , the decline is not inferior to yesterday.

And other listed companies of the Swire consortium, such as Swire Shipping Company, Swire Warehouse Company, Swire Industries Group, etc., have related rumors flowing out, and the stock prices of these companies are also in a mess.

Norman Shi Yahuai could never have imagined that the market value that had risen in more than a month would evaporate by 80% in just over a day, and it is very likely that all of it would evaporate today!

Norman Shi Yahuai, who was over sixty years old, was in a state of rage and panic all morning, just like taking gunpowder.

When Xia Yu fooled Wang Ping easily and casually at noon, Norman Shi Yahuai was busy with red eyes.

Because Norman Shi Yahuai has been in business for many years, although there are rumors that he has embezzled the interests of shareholders of hundreds of millions, the Hong Kong government has not sent anyone to investigate, nor has he been restricted from leaving the country.

But there was no official pressure, just pressure from banks, including HSBC, that had made Norman Schwarzwald about to collapse.

The headquarters of the Swire Group.

At noon, the scorching sun was hanging high, and the reporters gathered downstairs at Taikoo Group's headquarters felt uncomfortable, but none of these reporters were willing to leave. Groups of three and two discussed how the Shi Yahuai family would respond. , seems to be able to see the emergency meeting being held inside.

Swire Group's large conference room.

All the executives and heads of subsidiary companies came and listened to the "roar" of the top leader, Norman Shi Yahuai.

I saw Norman Shi Yahuai's face was flushed, and his eyes were bloodshot, giving people a terrifying feeling.

His red eyes kept scanning, and he gave orders loudly, his voice was a little hysterical: "Listen, now the downstairs is full of reporters, and a press conference will be held immediately after the meeting. After returning, we must promote to raise funds immediately, and entrust Swire Financial Corporation to repurchase equity, and stabilize the stock price at all costs, if anyone fails, they will all be dismissed..."

"Did you hear that clearly!"

With a roar, many people were so frightened that they shuddered, and immediately answered loudly.

"Listen clearly!"

"The meeting is over, come downstairs with me!"

After speaking, Norman Shi Yahuai walked towards the door with the help of his nephew.

Soon, Norman Shi Yahuai and his party came downstairs. He ordered people to stop the crazy reporters, took everyone to the rudimentary stage built in advance, and held a press conference.

At the press conference, Norman Shi Yahuai denied all the rumors and claimed that the rumor-mongers would pay a heavy price, and then took an oath to claim that the Swire Group was in good health, including the parent company, all listed companies. With ample funds, they will do whatever it takes to repurchase shares.

During the entire press conference, Norman Shi Yahuai tried his best to maintain his composure and self-confidence, just for fear that his ugly state would be maliciously interpreted and cause more harm.

After the brief press conference was over, Norman Shi Yahuai, who was inside the company, couldn't hold back any longer, and returned to a state of shock and anger.

Immediately afterwards, a phone call from HSBC personally called by Shen Bi made Norman Shi Yahuai go crazy. Exhausted, he had to force himself up and rushed to HSBC Bank with his nephew, Wade Shi Yahuai.

When Norman Shi Yahuai came to HSBC, what caught his eye was a busy scene. Although it was already off-duty time, the entire hall of the bank headquarters was crowded with people, all of whom came to withdraw money.

There have been several stock market crashes in Xiangjiang in the past 20 years, and bank failures have also occurred from time to time. Therefore, when the stock market crash came, people with a brighter mind immediately thought of taking out their deposits quickly.

Even if the object is HSBC!

Shen Bi was also worried that some irrational citizens would not understand, so in this special period, in order to avoid things becoming more complicated, he did not dare to let his employees off work at all, and all businesses continued to operate as usual.

Of course, foreign loans are not included in these businesses…

When Norman Shi Yahuai found Shen Bi, Shen Bi was busy scheduling the work and instructing the employees to collect the money at all costs.

Seeing that it wasn't a place to talk, Shen Bi could only say a few more words, and brought Norman Shi Yahuai to his office.

Seeing the door closed, Norman Shi Yahuai hurriedly said, "Michael, you must help me..."

Before Norman Shi Yahuai finished speaking, Shen Bi, who was also under great pressure in his heart, interrupted him forcefully and said decisively, "Norman, I can't help you this time!"

"I also need a lot of money!"

"Now all the assets you mortgaged are locked up, and you are approaching the warning line fast. If you can't get enough money to make up the margin pool, then I can only take a special way to solve it."

"Michael, you know my situation, I'm going crazy, I need a lot of money now to buy back shares and stabilize the stock price, I can't get much money, now is a special period, only you can help me, if my The Swire consortium has fallen, and HSBC will also..." Norman Shi Yahuai's face was very ugly, but he still tried his best to persuade Shen Bi.

Shen Bi, who was also under great pressure, shouted again in a louder voice: "Norman, I said I didn't have any money to lend you, you saw when you came, the people who took the money have filled the entire hall, and they have to queue up. On the road, HSBC can't die with you!"

"I've helped you enough!"

Norman Shi Yahuai did not believe that HSBC would have no money at all. In Hong Kong, HSBC was the only life-saving straw he could grasp. It was absolutely impossible for him to give up easily!

"Michael, when I bought shares in HSBC last month, didn't I give HSBC 1.674 billion Hong Kong dollars? How could HSBC have no money?"

"You lend me this money again, and I will take enough assets as collateral!"

Hearing Norman Shi Yahuai's words, Shen Bi's feelings of remorse became stronger and stronger. He could not wait to slap himself a few times. Why would he be fooled by Jiuding Bank and Standard Chartered Bank to take over the low-cost dumping of these two banks. Part of the loan business and assets issued, resulting in the consumption of most of the working capital.

It can be said that in the past few years, HSBC's cash flow has never been less than it is now!

Now the entire Hong Kong HSBC account has only more than 600 million Hong Kong dollars in liquidity.

At this time, the HSBC securities department, which is another purse, has all the funds locked up, and if it is not released, the liquidation will not be far away, and then HSBC will have to suffer huge losses.

And the collateral in the loan between HSBC and the Swire Consortium and the Shi Yahuai family is worth seven or eight billion Hong Kong dollars. A large part of it is the equity of each company of the Swire Consortium, and it has suffered a lot in this regard.

Once the news is exposed, the more than 600 million Hong Kong dollars in HSBC's account is not enough for depositors to run, let alone to fill the hole of losses.

Moreover, now that the stock market crash is coming, the stock price of HSBC is also plummeting, and he also needs funds to stabilize the stock price.

So the current Shen Bi, in the face of the current bad situation of HSBC in Hong Kong, has completely turned into an iron rooster, and no one wants to pluck a hair from him!

Not only that, he also wanted to raise funds everywhere to enhance the bank's ability to resist risks.

But in these circumstances, it was absolutely impossible for Shen Bi to tell Norman Shi Yahuai.

He didn't explain at all, his attitude was as tough as before.

It's not that he doesn't care about the friendship between his friends, it's that Norman Shi Yahuai doesn't talk about friendship. At this time, he still wants to take out his assets for a loan. He is about to be miserable by the assets of the Taikoo Consortium and the Shi Yahuai family. Another ticking time bomb!

"Norman, don't waste your time with me. You should find a way to raise funds quickly. Once the assets you mortgage with us are insolvent, you will default. In order to reduce losses, as long as someone pays, I will Will sell to avoid more losses!”

"I have to be responsible for the shareholders and the parent company!"

"I hope you can understand!"

Speaking of this, Shen Bi's eyes were like knives, and he looked directly at Norman Shi Yahuai, his eyes were firmer than ever before, showing that he would do what he said.

PS: I didn’t finish writing the second one until 1:47, which made everyone wait for a long time. Let’s set up a bowl and ask for votes!

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