The first thousand two hundred and ninety-one chapters follow the bad news
Chapter 1,291 Bad news coming one after another
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The Mediterranean in winter is the most suitable time of the year to travel here. The warm and humid climate is different from the hot and dry Mediterranean in summer. At this moment, almost all the people on the Gonggong yacht and the Ocean Explorer salvage ship are intoxicated by the blue sea.
Between the blue sky.¤
But while they were intoxicated, they did not forget their work.
Although Boss Dongfang’s order to stop the ship made people confused, the sunken ship discovered by the underwater robot soon cheered everyone up.
However, the busyness of the crew did not affect Liu Dong at this moment. At this moment, he was only wearing flowery pants, with his strong upper body bare and his slippers on, and he was sitting under the parasol at the stern of the boat fishing.
However, it can be seen from his somewhat distracted eyes and slightly furrowed brows that his attention is obviously not on the fishing in front of him.
Even the rapidly shaking buoy, which indicated that the fish had taken the bait, could not divert Liu Dong's attention.
"Deng Deng...!"
Following the sound of hurried footsteps, Helen Wittgenstein, wearing a pink coat, walked up to Liu Dong with an anxious expression, and then handed over a stack of documents in her hand.
"This is the document just faxed by Mr. Feng! The stock price of Standard Chartered Bank has fallen sharply."
Frowning and taking a look at it, Liu Dong discovered that the content on the document was not a detailed breakdown of the difficulties Standard Chartered Bank was encountering now, but a reprint of a report from the Wall Street Journal!
The title of the report was: ‘Empire on the Beach—Standard Chartered Bank’!
The article exposed almost all the weaknesses of Standard Chartered Bank in great detail, and described it with added detail.
Especially the US$20 billion loan that was incurred to help Hanhua acquire South Korea's Daewoo Group; the exhaustion of funds to acquire Abbey National Bank left Standard Chartered Bank heavily in debt; the investment failures of AMD Semiconductor, Hasbro, and Apple left Standard Chartered Group
The losses were heavy. The exposure of these three incidents seriously shook the trust of investors and investment institutions in Standard Chartered Bank.
In addition, Moody's, Standard & Poor's and Fitch International, several authoritative international rating agencies, have unanimously lowered the credit rating of Standard Chartered Bank.
The disappearance of bank president Sally Krawcheck and Martin Bouygues publicly criticized Standard Chartered Bank in front of the media for default. Woolton, the director of the British Financial Supervisory Authority, mentioned at the executive meeting that "Standard Chartered Bank will be re-examined"
Notice on whether the bank committed any illegal acts during the merger and acquisition of Abbey National Bank, etc.
Many large and small, almost a dozen pieces of news that were unfavorable to Standard Chartered Bank broke out almost at the same time.
"Jianhui, how is Standard Chartered's stock doing now?" Liu Dong put down the documents and called Feng Jianhui directly.
"It's still falling! Especially the New York stock market, Standard Chartered's stock has now fallen below $110 per share!"
Standard Chartered, which once reached a peak of US$135 per share, actually fell by US$25 in less than a day. Nearly US$25 billion in wealth evaporated!
"Chairman, the situation is very unfavorable to us now! The decline in stock prices has caused more and more institutions and investors to sell our stocks, and our branches in various places have also experienced runs in different situations! In addition, I have received a call
Notice from the U.S. regulatory agencies: If the U.S. financial instability is caused by the fluctuation of our stock price, they have the right to investigate and monitor us!" Feng Jianhui said very quickly.
The continuous bad news made Liu Dong feel heavy, but fortunately he was well prepared and did not panic too much.
After thinking for a while, Liu Dong asked: "How many Standard Chartered stocks do we still have in our hands now?"
"48.7%, the time is too short, Section Chief Cui did not sell too much. However, nearly 10% of Standard Chartered stocks sold at high prices, which has made us earn 13 billion U.S. dollars! Fortunately, we have these U.S. dollars to support us, otherwise we would suddenly
I'm afraid we can no longer handle the run that has occurred! ...However, Chairman, if we cannot stabilize the stock price as soon as possible, the US$13 billion may not last too long!" Finally, Feng Jianhui hesitated.
"I know! I'm already preparing to rescue the market. But now is not the time!"
Including the US$15 billion from the sale of the Tsar's treasures, plus the huge US$22 billion received from Cui Dongchen. After paying the US$2.5 billion from the Bouygues Group, Liu Dong was left with US$34.5 billion!
Although he can also draw cash from well-funded companies such as Matrix Media and Emperor Entertainment, he can only get up to US$3 billion.
That works out to $37.5 billion.
Standard Chartered Bank still has a market capitalization of more than 100 billion even if its stock price drops. If you enter the market now, I am afraid that not only will it not be able to stop the stock price from falling, but it will also make people hidden behind the scenes a profit.
However, Liu Dong also knows that Standard Chartered cannot really fall below the issue price, otherwise the bank's credibility will be ruined. And a bank that has lost its credibility will also lose its future for development.
If this is true, Liu Dong's loss will not be the current 25 billion US dollars, but 50 billion, 60 billion or even more!
By then, the merger and acquisition of Abbey National Bank will have lost its meaning of existence, and all the busyness in the past few years will be in vain. This is a result that Liu Dong never wants to see.
"Jianhui, be prepared. When the bank's stock price drops below 80 US dollars, we will do our best to save the situation! No matter how many Standard Chartered stocks are on the market, we will buy them for me with all our strength." Liu Dong said decisively.
"Chairman..., is this really appropriate? We have 51.3% of the outstanding shares in the market, nearly 513 million shares. If we enter the market at US$80 per share, then we must prepare at least US$30 billion in funds.
?Only to maintain the stock price!" Feng Jianhui hesitated.
"Don't worry about the funds, I have already solved it!" Liu Dong said calmly.
"Solved... solved?" Feng Jianhui said in surprise, "Chairman, I'm talking about US$35 billion, not 3.5 billion, let alone 350 million!"
"I know, my ears can't even hear a number wrong! Don't worry, I'm ready for $35 billion! When Standard Chartered Bank's stock price drops to $80, give me a call.
When the time comes, I will hand over the funds to you for operation!”
"Okay, Chairman!"
Although Feng Jianhui still had huge confusion in his heart, Liu Dong's categorical tone obviously did not seem to be a lie. And based on his understanding of Liu Dong, the other party would never lie about it! After all, this is an unprofitable thing.
After hanging up the call from Feng Jianhui, Liu Dong pondered for a while and then immediately picked up his cell phone and made a call to Jose Aguilar in Colombia.
"Master!"
"José, how much of the gold I gave you has been smelted now?" Liu Dong said directly.
"According to the young master's request, all the smelting has been completed, a total of 163 tons!"
"Very good, please make arrangements immediately to deposit this batch of gold into Standard Chartered Bank using the old method."
"Master, do you want to start now?"
"No, wait for my news. But it shouldn't take more than three days!" Judging from the news he got, Standard Chartered Bank's stock price will fall below 80 US dollars in three days at most!
"Understood, young master. I will arrange for people to be ready immediately, and I will wait for your news at any time!"
"Well, that's it!"
With that said, Liu Dong hung up the phone.
Although the value of 163 tons of gold is not too high, they can become a stabilizing force when there are runs on Standard Chartered Bank and deposits are scarce.
As for the suspicion that may arise from this, Liu Dong is not too worried.
After acquiring the Abbey National Bank in the UK, Standard Chartered has more than 3,000 branches around the world and nearly 4,000 branches. If each branch deposits 1,000 grams of gold, it can deposit all 163 tons of gold in minutes.
As for those who want to save gold, the killers in the secret door are the best choice. They basically have passports from several countries, and it is simply too easy to save some gold without attracting attention.
In the past, Liu Dong obtained nearly 250 tons of gold from the treasures of Sun Dianying, the treasures of King Kangju's Tomb, the treasures of the Taiping Heavenly Kingdom and the Taliban. This was how he used this method and deposited them into the internal vaults of Standard Chartered, Bank of America and Hanhua Commercial Bank!
"Ring ring...!"
Just after hanging up the phone, Liu Dong's cell phone rang again.
When he picked up the phone and looked at it, Liu Dong looked surprised. After quickly pressing the answer button, a look of respect appeared on his face.
"Uncle?"
"Well, Xiaodong! Where are you now?" Liu Weiguo's steady voice came from the receiver.
"I'm in France now...Uncle, have you also seen the report in the newspaper?" Liu Dong was not stupid. He could guess that the reason why his uncle, who had so many things to do, took time to call him must be because now everyone
The world is in a frenzy about the falling share price of Standard Chartered Bank.
"Well, I saw it! How about it, can you solve this matter?"
"Yes!" Liu Dong said with confidence, "In fact, I had already prepared for today when I was talking about the deal with the Prime Minister. So, uncle, you don't have to worry about me, I can handle these things myself.
!”
"Uncle knows that you are a strong child. But Xiaodong, remember, you are not alone now. You have the Liu family behind you. If you encounter something that cannot be solved, come to your uncle. Your uncle can't solve it.
Yes, there are also your second uncle and third uncle!"
"Yes, uncle, I understand!" After nodding vigorously, Liu Dong felt uneasy in his heart.
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