The century-old family began to rise from Hong Kong Island chapter 480

The century-old family began to rise from Hong Kong Island
Chapter 480 The Financial War In The Great Era, With Ups And Downs [Seeking Flowers! Ask For A Month
On this day, the London Stock Exchange opened normally as usual.
But soon, the stock of Standard Chartered Bank, which was on a slight upward trend, suddenly turned green.
Quotations then fell rapidly.
In the stock exchange, many investors who invested in Standard Chartered Bank saw this, and their faces changed immediately.
They quickly thought of the rumor that Standard Chartered Group failed to invest, and Standard Chartered Bank also had a lot of bad debts.
Affected by this, the stock price began to fall, and the panic selling of these stockholders exacerbated the decline of the stock.
This scene shocked the people of the Standard Chartered Group.
“Have you found out? Where did the news come from?”
“This is slander, it’s all rumours, and it has caused great harm to the credibility of our group. We must sue them.”
At the headquarters of the Standard Chartered Group, the president Claremont roared angrily, “180”, but there were worries and tension hidden under the anger.
“There is no newspaper report, but it is difficult to find out where the source is after it suddenly spread from stockholders in a short period of time.” Clement’s assistant said.
The assistant to the president is not a handyman, but a senior executive of the company. In some companies, he can even enter the decision-making level.
“We must find out who is causing the rumors, and we cannot let them go, but the most important thing for us now is to stabilize the stock price.”
“Several shareholders have called to question the situation just now.” A vice president said worriedly.
Clement calmed down, smoked a cigar, and said in a deep voice: “Announcement to shareholders again, that news is completely a rumor, our group has sufficient funds, and there are no bad debts.”
“In addition, the share repurchase process has been initiated. Any shareholders who want to sell their shares can be repurchased by our group at the market price.”
But the assistant said: “President, our group’s liquidity is running out.”
Clement shook his head and said, “You don’t need too much money, you only need to buy a part of the stock.”
“Let the shareholders know that our group will support them, and they don’t have to worry about the stocks falling into their hands. They will naturally calm down, and the stock price will also stabilize.”
Standard Chartered Bank has a 35% stake in the stock market, worth more than four billion U.S. dollars.
Standard Chartered Group can’t afford so much money at all, but it would be easy to buy only part of the tradable shares.
As long as the Standard Chartered Group is willing to accept the order according to the market price, the stockholders will naturally no longer be so panicked, and the stock price will gradually stabilize.
“Then we have to find out, who is the enemy hiding behind?”
“Who is going to harm our Standard Chartered Group?” Clement said fiercely.
Because the rumors are correct, the Standard Chartered Group has indeed made a large investment in the United States, and the income is not ideal, and it can even be said to have failed.
But these news have been concealed by the Standard Chartered Group, and although they have plans to transfer the debt of the United States to the Standard Chartered Bank, they have not had time to implement it!
Suddenly it was exposed, and the impact was very bad, and Clement was very angry.
Now I have to find a way to make money again, calm the panic of shareholders, and stabilize the bank’s stock price.
Soon, according to Clermont’s instructions, Standard Chartered Group took action and prepared to repurchase the odd shares in the market.
But a day later, the results surprised them.
“Mr. Clement, something is wrong.” The assistant pushed open the office door violently.
“What happened to make you panic.” Clement asked, frowning.
“According to your instructions, we started the stock repurchase program, but at the end of the day, we only acquired 1.5% of the shares. The assistant said quickly with an anxious face.
Clement didn’t react, but frowned and said: “Isn’t this very good!”
“At least it shows that after we announced the bottom line, shareholders have regained confidence in our Standard Chartered Group and are willing to continue to hold our shares.
“Has the stock price risen?” Clement asked casually.
The assistant hurriedly said: “The stock price has risen, but what is abnormal is that the stock price has risen too fast.”
“In just one day, the stock price has risen by 5 percent compared to yesterday.”
“What? Five percent?”
Hearing this, Clement was taken aback.
Just the day before yesterday, the stock price of Standard Chartered Bank was still falling all the way, but today it started to rise against the trend.
It is absolutely impossible for the repurchase program of Standard Chartered Group to have such a result, and there must be other factors.
“Damn it, someone is aggressively buying our stocks…” Clement stood up suddenly and roared angrily.
He has already realized the problem, this is someone who wants to buy Standard Chartered Bank!
“who is it?”
Clement’s face turned green, and he stood up immediately, walked quickly towards the investment department, and told his assistant as he walked, “You immediately mobilize all the funds you can mobilize, immediately.”
“With all our efforts to repurchase bank shares, we must not lose Standard Chartered Bank.”
“yes.”
The assistant didn’t dare to neglect, and hurried back to his office to make a phone call to carry out Clement’s order, his face was full of panic.
Standard Chartered Bank is the main asset of the Standard Chartered Group. If it loses its banking business, the Standard Chartered Group will shrink by half in an instant.
Especially in the case of investment failure in the United States, they cannot lose the main business of Standard Chartered Bank.
On Hong Kong Island, at the Galaxy Fund headquarters, Su Shaoze is sitting in Chen Zhiping’s office.
“How much did you buy?”
“Chairman, we have acquired 12.8% of the shares again. Up to now, our shares have exceeded 37%, which has surpassed the shares of Standard Chartered Bank in Standard Chartered Bank, and we have become the largest shareholder of Standard Chartered Bank. “Chen Zhiping said quickly.
Of course, not all of these shares are in the name of Galaxy Fund, but scattered in the hands of several overseas offshore venture capital institutions.
Although it is controlled by the Galaxy Fund 0.2, it has nothing to do with the Galaxy Fund on the surface.
The main purpose of doing so is to avoid compulsory publicity of shares to a certain extent.
Su Shaoze next to him heard the words and nodded lightly. Although 37% of the shares are already a lot, there is still a big gap from the full control of Standard Chartered Bank.
“Continue to acquire, put the order out, and don’t care about the cost.” Su Shaoze said.
“Yes, Chairman!”
This time has come to the decisive battle, and it depends on who can reach the 50% holding line first, and can complete the absolute control of Standard Chartered Bank.
As for the cost, don’t care about it at all.
The remaining 13% of the shares must be taken even if the price is doubled.
This battle must be fought.
If you can’t get 50% of the shares, don’t mention anything.