"The short position has been locked up and cannot be withdrawn. How can we recover it? Su Wanqing deliberately chose to hold the press conference at this time point, just to make us miss the last chance to escape and take the initiative to take the trap. From this point of view, they
We have already anticipated our plan to sell short Hong Kong stocks."
Xu Chongshan said with a ferocious expression: "Now we are all standing on the edge of the cliff. If we are not careful, we will be shattered to pieces."
"At this point, we can no longer look back."
Li Bancheng finally spoke. His expression was calm, but there was an indomitable determination in his tone.
"Releasing all the news that should be released, including the losses of each of our three companies, even if it is fake, will trigger panic in the market. Since the conspiracy doesn't work, then let's openly fight Li Jin's conspiracy.
I don’t believe that those wealthy families whose fortunes were wiped out by Wall Street alone can help Li Jin change his destiny!?"
The call auction phase ends and the Hong Kong stock market starts immediately.
Countless dense transaction data are refreshing like a torrent.
There are so many things happening this weekend, and most of them are major events in the financial field, which are directly reflected in the stock prices of various listed companies in Hong Kong. The fluctuations in the stock prices of these listed companies together contribute to the rise and fall of the broader market. Intuitively
is reflected on the screen in front of all investors.
Affected by the large-scale sales of Huang He Industrial's Xu Group and Hope Group's Hong Kong properties, as well as the news that Huang He Industrial acquired Lei Man in the United States and declared Lei Man's bankruptcy in a flash, Hong Kong stocks opened lower on Monday.
The downturn in the entire real estate sector makes the prosperity of rubber industry-related sectors seem so sudden.
The Hong Kong government has relaxed the entry threshold for the rubber industry, allowing almost anyone to join the industry. With Jin Qing's secret push, the rubber sector has risen instead of going against the market trend.
As for such a low opening trend, Li Bancheng was not happy about it, and Li Jin was not anxious about it.
Although they have never met or had any communication, the two people who have already started fighting each other across the world know that this is just the beginning.
Sure enough, immediately afterwards, Huanghe Industrial issued a notice on the company's major operating conditions.
Originally, all listed companies, under the requirements of the China Securities Regulatory Commission, stipulated that they must inform shareholders and the whole society as soon as possible if they have major operating conditions. Another requirement is to release the financial report of the previous quarter or the previous fiscal year within a specified time.
All of these must be audited.
The China Securities Regulatory Commission also regulates the normal operations of listed companies through these rigid requirements. After all, if you buy a listed company's shares, even if you only have the minimum 100 shares, you are legally a shareholder of the listed company and have the right to know.
It's just that the release time of these reports is very broad, and the report released by Huang He Industrial this time has no warning, but in the eyes of insiders, it is very consistent with common sense.
When investors opened this report, they were stunned.
This report of Huang He Industrial is only 6 months away from the previous report, but in these 6 months, the company has gone from a profit of 870 million Hong Kong dollars to a loss of 38.9 billion Hong Kong dollars, which is equivalent to 6 months of accumulation.
He Industrial lost nearly HK$40 billion.
"Huanghe Industrial suffered a huge loss of HK$40 billion in six months, with an average monthly loss of HK$6.666 billion and a daily loss of up to HK$222 million!"
This piece of news instantly flew across the entire port city, as if it had wings.
"Superman Li Bancheng finally encountered Waterloo. The huge losses caused by the failed acquisition of Leiman shattered the business myth in New York overnight."
"Superman Li Bancheng steps down from the altar, and Huanghe Industrial, which has been profitable for 10 consecutive years, breaks the record of the largest loss for a listed company in Hong Kong!"
A series of news, operated by an invisible hand, severely grasped the fragile hearts of Hong Kong stock investors. Panic began to spread, and Huang He Industrial's stock price plunged.