Chapter 218 Tour Dogs
Generally speaking, the Hong Kong stock market is closed for about four and a half days during the Spring Festival.
Therefore, on the third day of the new year, Hong Kong stocks began to reopen.
On this day, the quantum fund first used overseas channels to secretly release a few good news, quickly raised the stock price, and then shipped quickly.
The New Century Fund Zhong Liwen, which is also concerned about the quantum fund, was shipped almost in batches at the same time, and sold 17.6%of the previous low -cost shares.
Time lasted for nearly a week.
Until the tenth day of the year.
New Asia Bank is located in the office building of Bank of China.
Its chairman Li Lynch and several other major shareholders expressed concern about the recent surge in shares.
This morning, I have received a letter of inquiry from the Securities Regulatory Commission, asking them to explain the news that came from overseas on the third day of the year. If the detailed situation is disclosed, if it is a fake news, the facts should be clarified as soon as possible to avoid the loss of shareholders.
One of the shareholders looked a little complicated, but he still chose to remain silent.
After all, dead friends are not poor. His account in overseas has received money from quantum funds. The New Asian Bank shares held now, even if they are thrown off at a low price, there will be no loss.
Just then.
A secretary hurried in.
"Chairman, this is bad, take a look at this..."
Lin Qi frowned. He knew the personality of the secretary and stabilized the direction. This time, he didn't even knock in the door. Obviously, it was an urgent situation.
After grabbing the newspaper, Lin Qi glanced at it, and his eyes were dignified.
[Asian Dong Bank's financial fraud ...]
"Huh..." Looking at the almost verbatim data in the newspaper, Lynch turned green. At the same time, he clenched his fists and looked at the six major shareholders present: "Which of you will leak the details of the Cave acquisition?" Go out?”
"What?"
"The Cave acquisition was leaked?"
"Old Lin, you know who I am as a person. We are all in the same boat. How could I reveal such secrets to outsiders?"
"Yes!"
"Will the people of Kaofu leak?"
Lin Qi's face was uncertain.
One of the directors had opened his laptop, and sure enough, he saw that their company's stock price started to fall crazily within half an hour after the market opened. It fell nearly 5 points during their meeting just now.
"Laulin, what should I do now?"
Faced with the questioning of other directors, Lin Qi frowned. He knew that the current method was to repurchase the shares as soon as possible, but he also knew that the acquisition of the Caiffe company was true, and he could not afford to investigate in -depth investigation at all.
In other words, if he announces the repurchase of shares now and waits for the CSRC to investigate clearly in a few days, he will be in trouble just like the board members.
However, the content of the media report directly without repurchase shares is true.
Just the result of early death and late death.
Taking a deep breath, Lin Qi ordered: "A Ming, please issue an announcement immediately and say that the news reports are purely rumors. I hope that investors can judge rationally."
The secretary nodded dignifiedly: "Okay, the chairman, I will announce it right away."
They did not know that the shareholder who held the stock in custody, together with Quantum Fund and New Century Fund, had accelerated the sale of the stocks in their hands through various accounts, and at the same time invariably shorted New Asia Bank.
When other institutions in the Hong Kong financial market saw the sudden strengthening of New Asia Bank's short positions, short funds that were almost several times the size of the sell-off poured in. This caused other institutions to follow suit and began to short-sell in small amounts.
At the same time, there were previous Kaf Corporation's acquisition cases, which also attracted a lot of attention from financial institutions and Xiangjiang Securities Regulatory Commission.
Although the shareholders saw the announcement of the Bank of New Asia, they also resumed a little rationality, but as the selling intensity continued to increase, the short -term power continued to increase. Then, followed by selling.
At noon, the other two big newspapers of Xiangjiang also reported this on their own website. At the same time, some information provided by the "insider" was taken out, which further sits on the financial fraud and acquisition of the New Asian Bank's financial fraud and the acquisition of the acquisition Various problems in the case.
As soon as the market opened in the afternoon, New Asia Bank's shares plummeted again, and by the end of the day.
New Asia Bank, which has a market value of HK $ 32.2 billion, has fallen by nearly 44%. At present, only 18.032 billion Hong Kong dollars are left.
The Xiangjiang Securities Regulatory Commission and the China Banking Regulatory Commission had a meeting overnight and asked New Asia Bank to be investigated and inquired.
However, at this moment, one of the major shareholders secretly took a plane and ran away in the afternoon. This guy was the mole who was coerced by Quantum Fund.
The next day, when Lin Qi and others were going to go around with the Securities Regulatory Commission, they found out that the guy had disappeared without a trace.
While Lynch and others were under investigation, New Asia Bank continued to plummet, and more rumors came out. As a last resort, New Asia Bank was urgently suspended by the Hong Kong Securities Regulatory Commission that afternoon.
Before the suspension was suspended, New Asia Bank stocks evaporated more than 7 billion again, and the current market value was only 10.6 billion Hong Kong dollars.
Quantum Fund has made nearly HK$8 billion in profits from this short sale.
However, the new century fund hidden behind it also made 33 billion, and re -increased the shareholding ratio to a high level of 18.6%.
It is just that the Fund of the New Century has always been attracted.
Zhong Liwen, who is familiar with the Hong Kong stock trading market, is very aware of the current fate of New Asia Bank. At the same time, he also knows that Quantum Fund and its associates are sharpening their knives.
Although the suspension time of Hong Kong stocks does not have a fixed standard.
If the trading is suspended because of the sensitive information of the stock price, it is generally necessary to wait for the information to be resumed after the information is announced. This process may be a few days or weeks.
For example, when the company conducts complicated matters such as major acquisitions and reorganizations, the suspension time may be longer, which may exceed one year from weeks, months, or even under extreme complication.
If it is suspended because of abnormal fluctuations, it is usually to maintain the fair and orderly market. It may be suspended for 1 to 2 days. After the listed company issued an announcement to explain the cause of abnormal stock price fluctuations, the trading will be resumed.
Obviously, the Bank of New Asia belongs to the latter. The situation of Lin Qi and others in the acquisition of the Kaifang was investigated clearly. It is estimated that it was two or three days.
The day of the resumption of SCM's resumption was the day when their stocks collapsed completely.
It was also the moment when Quantum Fund launched its general offensive.
Driving the car and passed from the door of the Bank of New Asia in Central. When Zhong Liwen saw the citizens who came to queue up to withdraw money, they knew that the chain reaction of the stock market was coming.
As a commercial bank, the consequences will be very serious once they are crowded.
What's more, New Asia Bank itself is full of problems, and it is expected that the China Banking Regulatory Commission will take action soon.
After buying a dinner and returning to the office, the sun was setting outside.
When Zhong Liwen saw another message from his boss, he quickly checked it. After a while, he knew what to do.
An announcement was finally made on the fourth night about the abnormal fluctuations in New Asia Bank's stock.
As soon as the announcement came out, it also meant that the matter was settled. But that night, a special email suddenly appeared in the mailbox of the person in charge of the Xiangjiang Securities Regulatory Commission.
Early the next morning.
New Asia's resumption of trading, the price plummeted again, the market price fell from HK $ 10.6 billion, just one morning to less than 2.8 billion yuan, almost entering the rhythm of bankruptcy liquidation.
And just this morning, various secret accounts of New Century Fund had already acquired more shares than expected, accounting for 68.9% of the shares.
The quantum fund also grinded Hoho, ready to blast more than a dozen other local financial institutions in Xiangjiang in the afternoon, which once again detonated the Xiangjiang financial crisis.
However, there is no waiting for Quantum Fund to take action.
The Hong Kong Securities Regulatory Commission quickly took action and directly suspended the trading of all the stocks of the 17 related financial companies. It issued an announcement stating that international hot money was trying to disrupt the market. At the same time, in order to avoid financial risks, it suspended the execution of stock trading for a period of time.
Quantum funds and their associates were directly headed. They still held tens of billions of stocks in their hands, but they suspended trading.
At the same time, the Bank of New Asia, which was fined 500 million Hong Kong dollars by the CSRC, also faced life and death at this time.
That afternoon.
There is no mistake in every song, one post, one content, one 6 one, one book, one book, take a look!
Zhong Liwen took the team to the headquarters building of the Bank of New Asia.
As soon as he sat down, Zhong Liwen got straight to the point: "Mr. Lin, I want to buy all the stocks in your hands. Please set a price!"
"Mr. Zhong, doesn't he know the situation of New Asia Bank?" Lin Qi frowned.
"You only need to answer whether you are willing or not, and don't ask other irrelevant questions." Zhong Liwen looked at the other major shareholders.
"Mr. Zhong, I am willing, I still have 5.6%of the shares in my hand."
"Mr. Zhong, I also have 3.6%of the shares, as long as 3 yuan per share ..."
Zhong Liwen sneered: "Oh, a dollar of 3 yuan? What is the price of the market now? At a time, a bite of five cents, if you want it, all of them are sold to me together; don't, you keep it yourself!"
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"Huh ..." A older shareholder was so angry that he was so angry that he had a few times and slowly ate.
"Mr. Zhong, can you be a little taller?"
Zhong Liwen's eyes were full of sarcasm: "Oh, the king is defeated, willing to bet, you are playing, I am now saving you, don't know how to lift it, otherwise you will wait for the bankruptcy! After that, there are still those investing liquidated damages, which have been added with nearly 3 billion. How much is the market value of the Bank of New Asia now? "
His secretary promptly helped: "Mr. Zhong, the market value of New Asia Bank has fallen below 2 billion."
Lin Qi was in agony. Faced with this situation, he was really helpless and gritted his teeth: "I sold it."
"He who understands current affairs is a hero. Inform other shareholders to come over!" Zhong Liwen knew that the other party would give in. After all, whether he would exit safely with tens of millions or be bankrupt and liquidated in the end, these guys still knew it all.
One afternoon.
New Century Fund acquired 24.7% of the shares from New Asia Bank Chairman Lin Qi and others.
In addition to the 68.9% previously secretly mastered.
93.6%of the shares of the Bank of New Asia were held in their hands by the New Century Fund or Ming or Secretary.
Including this office building, 13 bank branches have also become the possessions of New Century Fund.
Early the next morning after the transaction was completed, Zhong Liwen, who had become the acting CEO of New Asia Bank, sent people to pay the China Securities Regulatory Commission fine, compensated various investors for liquidated damages, and terminated the previous cooperation contract.
At the same time, it issued an announcement that it would privatize the Bank of New Asia to acquire the circulation shares of the Bank of New Asia at an unlimited price, which is three times the current stock price.
In addition, it announced that it would introduce funds from the New Century Fund to increase its ability to resist risks. Naturally, this way of introducing funds can only be done by issuing new shares.
In other words, if the remaining 6.4%of retail investors are not shot now, it can only wait to be diluted by new shares.
A set of combined fists, ate 3.9%of the shares from the market that morning. The rest is estimated to be dead hards, or I just forgot to buy the stock of New Asia.
In the past two days, Xiangjiang Financial System has no shortage of ignorance of the New Century Fund to eat the New Asian Bank, because they were scared to sweat after deep investigation.
If it wasn't for someone to ventilate the letter in advance, it is estimated that the Xiangjiang financial system has been severely damaged.
Now they have frozen many secret accounts of quantum funds and related speculative capital. They are ready to arrange the 17 parasitic financial companies through mines.
Speculating capital such as the quantum fund that was closed at the door, at this time, it was already like an ant on the hot pot.
However, the various chess pieces they bought, obviously they did not dare to talk to the quantum funds on the bright side when they were revealed.
at the same time.
In the financial market of the New Century, the various blows against quantum funds and their associates in the world's financial markets also made full effort at the same time.
Quantum Fund Headquarters.
The old man with age spots on his face turned extremely dark when he heard the urgent reports coming back one after another.
"Fake Squid! Who is it? Whoops..."
"Boss, our investment branch in Europe was investigated, and the funds in Europe are currently frozen."
Another bad news came.
In less than three hours, the most important behind -the -scenes investment banks in quantum funds were faked in financial fraud, which became the last straw that crushed camels.
The extremely angry old man had a rejection reaction due to his heart being replaced several times. Under this continuous stimulation, he suffered a direct myocardial infarction.
Although his secretary discovered it in time and asked a private hospital to come over and rescue him in time.
But at this critical moment, if a person in charge suddenly goes to the hospital for rescue, it is definitely a fatal crisis.
Quantum Fund, which was semi-paralyzed internally, was unable to make timely decisions for a while, resulting in increasing losses.
And those international speculative capitals have long been obliterated on the soles of the feet, regardless of the life and death of quantum funds, under this situation of turbulent trees.
The quantum fund collapsed.
In the private hospital, Dr. Smith, who was instructed to rescue, listened to the phone call of the insurance company, showing a regretful expression on his face.
"Doctor, the patient is awake."
"Oh?" Dr. Smith glanced at the old man who opened his eyes and looked a little confused.
He waved his hand: "Inform your family members to come and pay the fee, or arrange for discharge."
After a while, a nurse came in: "His wife said that he had no money, let us send him directly to the nearby retaining place."
"Xie Te..." The old man's eyes widened, and then he died of anger.
(End of this chapter)