On the computer, HSBC's stock price showed a thrilling negative line, and finally settled at 2.68 pounds per share, making the bulls' faces turn green.
There was deathly silence in the huge trading room, and no one dared to make any loud noises.
What does £2.68 per share mean?
In just three days, HSBC's share price evaporated by one-third, with 12.6 billion pounds (19.8 billion U.S. dollars) wiped out.
Almost 90% of the market value of the original HSBC bank has been lost, leaving only 25.6 billion pounds (40.2 billion US dollars), and it is in danger.
Why is there such a tragic stampede of people scrambling to escape?
At the close of trading on January 5, Royal Fund issued its first shareholding reduction announcement, reducing its holdings of HSBC shares from 24.31% to 18.86%. This is hereby announced.
At the close of trading on the morning of January 6, Royal Fund issued a second shareholding reduction announcement, reducing its holdings of HSBC shares from 18.86% to 13.57%. This is hereby announced.
Shortly after the market opened on the afternoon of January 6, Royal Fund issued a shareholding reduction announcement for the third time, reducing its holdings of HSBC shares from 13.57% to 7.56%. This is hereby announced.
result
But one thing can't be done two things, and the fragile nerves were finally broken.
After the London Stock Exchange opened on the afternoon of January 6, HSBC's high-flying share price collapsed. Countless selling sent the share price straight into the abyss.
Institutions big and small scrambled to trample on them, creating a tragic situation in which many people were killed and many were killed. The vast majority of people were stuck in high positions, watching the top of the mountain in pain.
Some people revel, while others suffer.
Crewe Humphrey's eyes were bloodshot, and he looked ferociously at the ashen-faced Richard Terrill, pointing at the computer screen with trembling hands; "This is the easy victory you said, my God, we are finished."
The air seemed to be frozen, and it was so quiet that it was scary.
Richard Trier raised his face, his crazy look flashed away, and he stared at Crewe Humphrey without saying a word;
If this arrogant boy dares to scream again, Richard Terrill will not mind blowing a bloody hole in his forehead.
"It's over?"
George Crown was in no mood to stroke his beautiful upturned mustache and still hadn't come back to it. After all, he still had 4.5% of the shares in his hands, which was valuable.
"Idiot, wake up! The stock you bought for 2.6 billion US dollars is now worth 1.78 billion. You have already lost 820 million. You are going bankrupt, country bumpkin."
"Watt? We are the major shareholder and can push the stock price up again."
Crewe Humphrey was so angry that he laughed when he heard this stupid remark and didn't bother to explain.
The London Stock Exchange is the most mature exchange. There are no private retail investors here. Most of them are professional investment funds and speculative funds. The personal stock accounts are professionals who manage money for the rich, and they don't follow the wind.
Now that the market has collapsed, the key is that market confidence has completely collapsed. If anyone dares to take action, all the stocks will come crashing down. This is going against the trend and no one can withstand it.
It must fall to a low point before it can be taken over. This includes the institution's self-rescue. It must fall deep enough to even out the costs.
Therefore, today's sharp drop is not the end.
January 7th and January 8th are rest days, and we will have to wait until the market reopens on January 9th to finally see the results.
George Krone ate a lot of HSBC shares at the peak of the stock price and lost 30% of its market value. I hope he has a good enough appetite to digest it.
The Cleveland consortium entered the market earlier, and the cost of holding shares gradually decreased during the band operation. The current loss is between 7.5% and 8% of the total investment, which is still bearable.
Crew Humphrey was cautious and did not invest all the funds. He could pick up some at a low position to spread the costs and reduce losses.
George Crone from Chicago was in a miserable situation. He had the highest costs, but he didn't have much money left, which really made matters worse.
Only BlackRock Group has the lowest shareholding cost here, and it still has not reached the loss line. However, the pallet operation during the peak period of the stock price has also increased the shareholding cost of BlackRock Group.
Whether it will be an ugly death depends on the situation after the market opens on January 9.
If Royal Fund continues to significantly reduce its holdings, which means giving up its M&A efforts, the last glimmer of hope will be extinguished and the stock price will inevitably fall back to its original point or even lower.
Without the imagination of the Royal Fund to acquire HSBC, the stock price is like a leaky ship that is bound to sink. At this time, the most important thing is to jump off the ship and escape.
Some speculative funds even took the opportunity to engage in short selling to gain huge profits, exacerbating the tragic situation of multiple killings and multiple tramples.
In other words, there is at least 1/3 room for decline, and possibly more.
Just thinking about it makes people shudder. The Royal Fund is really ruthless. It must have gained a lot from this bloodbath of HSBC shares.
Half sea water, half fire.
City of London, Battleship Street,
Crawford Building.
Royal Fund London Office
The secretary sent a printed complete battle report with details. Director Du Bo, deputy director Macaulay King, command members Luo Qianjin, and Pan Shiyi were all waiting for the report and quickly took it over to read it carefully.
Four days of fighting;
Royal Fund reduced its holdings from 26.54% to 7.54%, a total reduction of 19%, at an average price of 3.42 pounds per share, and a total reduction of 6.2 billion pounds (9.749 billion U.S. dollars), plus the original investment account funds of 3.534 billion pounds (
5.55 billion US dollars), totaling 9.734 billion British pounds (15.3 billion US dollars)
For such a huge amount of stocks, the average price of the reduction can reach 3.42 pounds per share, which is already remarkable.
First, there is a certain lag in the announcement, and the amount of initial holding reduction is much more than that. When the 5% reduction was announced, the actual reduction was 9.9%, which is not illegal within one day.
Secondly, thanks to the fool hired by Richard Trier, the super partner of BlackRock Group, he swallowed up the HSBC stock at a high position, and the strength of the undertaking surprised the Royal Fund.
The white knight definitely couldn't do it, and the stupid knight was just about the same. He really rushed forward and punched the king in a chaotic manner, which made the royal family's funds nervous for a while.
Out of caution, the core staff above the team leader held a meeting to study for most of the night, carefully considered and deduced various situations, and finally came to a conclusion;
The numbness is purely due to taking too much rat medicine.
Since a stupid person has a lot of money, let him eat until he is full. Are you still afraid of big-bellied people when opening a restaurant?
After closing, I did some calculations;
A year ago, a total of 8 billion US dollars was invested. Now the book capital has reached 9.734 billion pounds, or 15.3 billion US dollars, and it holds 7.54% of the shares.
Although it has not reached the goal of controlling HSBC, it has made huge profits so far. It can be said that there are gains and losses.
The strategic goal was not achieved, but the campaign goal was achieved.
It's a pity that we can't send out a good news at this time, because the chairman is now getting married, and it takes courage to disturb people's dreams at this time.
Several people looked at each other, and smiles involuntarily appeared on their faces. The tacit understanding was unspoken, so let's wait for a long time.
During the whole day of market trading on January 6, there were many killings and many tramples in the afternoon, which gave Du Bo and others a glimmer of hope.
"How about it? Do you still want to do it?"
"There is a real possibility of a comeback. If an opportunity arises and I don't seize it, I will always be unwilling to do so."
"When market confidence completely collapses, the possibility of success is really high."
At this time, another fatal blow to HSBC's stock price would be tantamount to draining the bottom of the pot.
Finally, making a comeback when the stock price collapsed, and proudly controlling the controlling stake of HSBC, will really turn into a classic battle, and create the golden reputation of the Royal Fund to dominate the market. Just thinking about it makes people fascinated.
"But...where is the chairman?"
Everyone was silent. Chairman Wang Yaocheng was very intimidating. Ninety-nine percent of the people here were brought up by him, which is equivalent to his disciples.
Everyone here has to take a high look, including those arrogant British nobles. If you leave the platform of the Royal Family Fund and go out to be a fool?
"Otherwise, let's report it. The position of director of the Family Trust Fund Management Office has great responsibilities. I can't bear the responsibility of disobeying orders!" Du Bo struggled for a while, but gave up this tempting idea dejectedly.
As soon as these words came out, everyone was discouraged.
The chairman's email made it very clear that once you decide to withdraw, you will withdraw resolutely, and you are not allowed to show any nostalgia.
When working at the Royal Family Fund, the most important thing is to carry out the chairman's orders to the letter. If you open your mouth, you can bite anyone. If you close your mouth, you must clench your teeth tightly. You must not pick up any flesh or bones. This is a matter of principle.
If you don’t have this awareness, it’s better not to work at the Royal Family Fund.