Stephen seems to be crazy. According to his estimate, the amount of funds held by Fuxing does not exceed 2 billion at most.
Because a bank with a large number of users needs to reserve at least 1 billion US dollars for the company's daily liquidity. It is impossible to invest all of it in the financial market to avoid a shortage of funds and cause a run on savings users.
Even if Zheng Yaoyang does not abide by the tacit agreement, they only need to spend no more than one billion US dollars to defeat the opponent easily.
However, they clearly spent more than 2 billion US dollars, including but not limited to selling the stocks of Huanyu, Xiaobawang, and other listed companies in an attempt to short the Hang Seng Index, which affected the entire market.
Such a huge amount of funds is like a stone sinking into the ocean, making no waves in the emotionally charged Hang Seng Index.
Suddenly, there was a knock on the door of the trading room.
"Who?" Stephen looked unkind and motioned to Wells beside him to open the door.
Wells was stunned: "Mr. Hough."
Karl Hof left and returned. Stephen seemed to realize something and hurriedly begged: "Mr. Hof, please give me another chance. Fuxing Bank is only at the end of its life, and my plan will never go wrong."
Karl Hoff had a stern face, ignored him, and shouted sternly: "My name is Karl Hoff, the interim CEO of the Hong Kong branch appointed by HSBC's UK headquarters. I announce that from now on, all employees will stop selling stocks and build positions at low prices.
, pull up the Hang Seng Index.”
Everyone was stunned and subconsciously looked at Stephen. They did not recognize this British imperial minister.
Wells decisively seized the opportunity to express himself in front of the new leader and shouted sternly: "Why are you all standing there in a daze? Follow Mr. Hof's orders."
"No, no, if we buy back shares now, all our previous efforts will be in vain."
Stephen hissed to stop, yelling like a madman, unable to accept the fact that he had failed.
They are HSBC, a long-established foreign bank that has been in Hong Kong for more than a century. They are responsible for printing money and control more than one-fifth of the shares of the Hang Seng Index.
It is impossible and they will not lose to Fuxing, a newly established bank. It is impossible, it is absolutely impossible.
"Mr. Stephen, due to your irrationality, I will truthfully inform the headquarters of the losses caused to Xiangjiang HSBC Branch, and please cooperate with my work now."
Karl Hof called for bodyguards to control Stephen to prevent him from acting irrationally.
There is only one step between genius and madness. Over the years, he has seen too many geniuses become madmen due to failure.
Stephen looked sad and begged: "Carl, please give me another chance. I assure you that Fuxing Bank's funds are almost at the bottom."
Karl Hof sneered and threw out a piece of information: "Stephen, please see clearly what this is, don't embarrass me, and don't lose your gentlemanly demeanor."
He had just left the trading room, intending to tell the headquarters about the current situation so as to distance himself from Stephen, when he received a call from someone who claimed to be Zheng Yaoyang's assistant.
The assistant named Zhang Qifeng seemed to know him well and knew that he was the imperial envoy sent by HSBC headquarters to investigate the specific situation.
Send him a faxed document, which records that in the past half month, HSBC sold off stocks worth a total of 12 billion U.S. dollars, and the final distribution ratio.
The company that accounts for the largest proportion is not Fuxing Bank as Stephen thought, but Bank of China.
Bank of China accounts for 23.5%, followed by Bahrain with 21.3%, and finally Fuxing with 19.5%. The remaining 36.7% are retail investors, institutions, and corporate repurchases.
Fu Xing Bank only accounts for 18.5%, which is far from the 76.65% estimated by Stephen, so his failure is predictable.
Hof came back to stop him from making the same mistakes again and again.
Stephen's eyes widened: "Impossible, this report is fake. They have been raising signs last week. How could they use such a small amount of funds?"
Karl Hoff remained silent and watched coldly. He also believed that the report was full of water. After all, Fuxing Bank would not reveal the real information to them.
But at least one thing can be confirmed. Bahrain and Bank of China did quietly participate in this battle, which was also the main reason for Stephen's failure.
They have already consumed nearly half of their chips, and if they continue to fight, both sides will lose. Fuxing Bank is Zheng Yaoyang Fuxing, but HSBC is not Stephen's HSBC.
While they can still stop their losses in time, Karl Hof will not let Stephen continue to mess around, because they will have to give an explanation to shareholders at the end of the year.
Stephen suddenly lost his temper, as if he had found a lost soul, and looked at Karl with a wry smile: "How will the headquarters punish me?"
Karl Hof's face gradually softened, and he comforted softly: "It's only May, and there are still more than half a year left. As long as we can make up for it from other aspects, at most, the income will be reduced by the end of the year, but there is no room for maneuver.
"
Nothing can happen to Stephen, because he still needs to return to the headquarters to face trial and punishment. If something happens to him, no one can take responsibility.
Stephen smiled bitterly and turned to look at the bully, which was rising all the way, and the Hang Seng Index, which was running wild.
Since they idled long, the Hang Seng Index has been like a wild horse, regaining its lost position one after another, and the entire market has experienced a surge.
It was easy to sell, but it is difficult to buy again now. Because of his mistake, HSBC lost at least more than 4 billion.
Stephen can predict that he will be permanently nailed to the pillar of shame and become Zheng Yaoyang's foil.
On the other side, the trading room of Fuxing Building.
Rogers asked: "Is it over?"
Just when a huge amount of money poured into the market, Xiaobawang experienced another surge. The stock price climbed directly to 19 yuan, a surge of 90% that day.
All stocks on the board experienced a rebound, with the index turning green across the board and soaring 5.7%, recovering 4100 points and 4200 points one after another, and heading towards 4300 points.
Zheng Yaoyang smiled contemptuously: "It's over. Their family has a big business and they don't have the guts to fight us to the end."
A very basic market logic: Fuxing dared to fight until the last drop of blood, but HSBC did not dare.
They used half of their chips, and then they should be frantically accumulating money to raise the index and make up for their previous losses.
Bank of China, Bahrain and Fu Hing Bank won this battle and made huge profits.
Next, they just need to work steadily, turn their bargaining chips into strength one after another, and continue to represent mainland companies in listing in Hong Kong.
In less than a year, Fuxing Bank's comprehensive strength will surpass Standard Chartered and firmly occupy the second position. If Bahrain Bank is added, they will be the leader.
Bank of China is not in Zheng Yaoyang's plan, because they are destined to become the central bank of Hong Kong in the future.
The future development routes of the two companies are different. The cooperation is only occasional and is destined to not be long-term.
Rogers smiled. He was under a lot of pressure. He had been staying in the trading room recently and basically didn't go out.
Fortunately, the previous efforts were not in vain, and the moment of fruition finally came.
Suddenly, someone knocked on the door.
Zheng Yaoyang walked over and opened the door, only to see Zhang Qifeng holding his mobile phone and saying softly: "Zheng Sheng, Mr. Hof wants to talk to you."
Zheng Yaoyang turned to look at Rogers and told him to keep a close eye on him. The day was not over yet to avoid being robbed.
He took his mobile phone, left the trading room, and came to the office at the end of the corridor on the third floor.
Qiao Peizhi was bored and watching Japanese cartoons. She was startled by Zheng Yaoyang. Zheng Yaoyang glared at her and continued to fish at work, and motioned to her to get a glass of water.
Zheng Yaoyang sat on the sofa, answered the phone, and said with a smile: "Hello, Mr. Hof, I am Zheng Yaoyang."
Listening to the other party's remarks, Zheng Yaoyang couldn't help but want to laugh: "I see, I'm really sorry."
"We at Fuxing are not short of funds for the time being, but I can tell you the contact information of Bank of China President Wu and Balinix. Maybe they will be interested."
"Oh~~So you've already contacted me? Okay, let's come out and have a meal together next time you have time."
Qiao Peizhi came over with a glass of ice water. She noticed that Zheng Yaoyang had a strange look on his face and curiously asked, "Who is it?"
"The imperial envoy sent from HSBC headquarters."
"Is he looking to settle a score with you?"
"He doesn't have the guts."
Zheng Yaoyang picked up the water glass, drank it in one gulp, and said with a smile: "They paid a 20% premium and planned to acquire the stocks that HSBC had sold before."
“If it’s just something that can be solved with money, why did I put so much effort into it before?”
Qiao Peizhi seemed to understand, and asked cautiously: "So is this matter over?"
Zheng Yaoyang nodded: "It's over."
Nowadays, banking, communications, and media are integrated into one, and he has to start cultivating himself.
HSBC cannot stop their presence. If they develop further in diversification, it will only make the mainland fearful.
Defeating HSBC head-on also means that Zheng Yaoyang's horizontal development in Xiangjiang has come to an end. Next, he can only work vertically to become bigger and stronger on the original basis.
Qiao Peizhi was secretly delighted. She suddenly raised her fair and charming legs, placed them on Zheng Yaoyang's thighs, and held her neck: "Boss, do you still remember what you promised?"
Zheng Yaoyang asked: "What did I promise?"
"Sister Zhou has it, and others want it too. You said you would give me a baby after you finish this matter."
"It seems like this is happening, now?"
"Otherwise, wouldn't you like it if we were in the office in broad daylight?"
Zheng Yaoyang was stunned, but also proved with his actions that the person who knew him best was Qiao Peizhi.