On the morning of July 17, after Li Guangyu had breakfast, he said to Cao Weiqing: "I won't be back until later tonight. You and your cousin will eat by yourself first, so you don't have to wait for me."
Cao Weiqing knew what Li Guangyu was doing today and had planned it for more than a month, but just for today, it was estimated that the Li Group would be very busy this afternoon, and many people would come to see Li Guangyu.
Cao Weiqing said: "Okay, pay more attention to your own safety, especially at this critical time."
"With Yonghong and the others here, there's no problem. I'll leave first. You should try not to appear in public these two days, and you don't have to answer some questions." After Li Guangyu warned him, he left.
at home.
Once the news about the deadlock on the Hong Kong issue comes out today, Li Guangyu knows that he will be pushed to the forefront again, and people from all walks of life will ask for his opinion. And it is impossible for him to avoid it. Sitting in such a position, he enjoys
The reputation of Hong Kong's richest people and the first person of the younger generation has to pay for it. All walks of life in Hong Kong are not allowed to avoid such topics.
The Hong Kong stock market continued to rise steadily this morning, and there were no disturbances until the market closed at 11 a.m.
At noon, Li's Jiayi TV station's noon news reported on the discussions between the business community in Hong Kong and the leaders of the mainland. The proposal to exchange sovereignty for governance rights was clearly rejected by the leaders of the mainland, and the mainland was determined to take back Xiangjiang.
It will not change. The issue of sovereignty is non-negotiable and cannot be used as a bargaining chip in negotiations.
As soon as the news was reported, many people in Xiangjiang were panicked, filled with worries about the future, and thinking about how the future should go.
However, the matter was not over yet. Jiayi TV reported that Li Pengfei and others were rejected by mainland leaders. Not long after, TVB reported that negotiations between the British and mainland governments on the Hong Kong issue had reached an impasse. The British government proposed to
The plan to replace sovereignty with governance was also rejected by the mainland.
As soon as the news about Wireless came out, the citizens of Xiangjiang were even more worried about the future of Xiangjiang. The lower-class citizens didn't care because they couldn't leave anyway. But some middle- and upper-class people in Xiangjiang began to think about making plans for the future. Major groups in Xiangjiang
The development has also been cast a shadow. Once the mainland market is lost, many companies in Hong Kong will be greatly affected.
With the rapid development of Xiangjiang in recent years, in addition to real estate, other industries have a lot to do with the mainland. Xiangjiang is the transfer station for the mainland to connect with the world, and many businesses have to pass through Xiangjiang.
If this negotiation does not go smoothly, Xiangjiang's economy will inevitably suffer a serious impact, and due to the different systems implemented by the two sides, many companies and citizens are full of worries about the future.
Li Guangyu was very happy after receiving the news from Tianyu Investment and Securities Department. He originally thought that one report from his side would be enough. Unexpectedly, Run Run Shaw Wireless would give him a great assist and directly report on England and the mainland.
Negotiations reached a deadlock.
Li Guangyu didn't know how Wireless Wireless got this first-hand news, but it didn't matter now. It would be of great benefit to him. If the two pieces of news were superimposed, the stock market would plummet at the opening of the market this afternoon.
Nowadays, many company leaders and citizens in Hong Kong do not know the future situation of Hong Kong. Especially the citizens who hold stocks in their hands must be scrambling to sell the stocks and get the money in their hands to be safe.
Li Guangyu said: "Jianping, please tell our on-site staff to pay attention to the changes in the listed companies that we are short on this afternoon, and report to the company at any time if there is the latest news."
Sun Jianping replied: "Li Sheng, I will inform you of your instructions."
At two o'clock in the afternoon, as soon as the major exchanges opened, the Hang Seng Index began to dive. Countless investors wanted to sell their stocks immediately, but only a few people took over. Affected by this, the market index plummeted, and countless investors urged them to do so.
Traders get rid of their stocks as quickly as possible, even a little bit doesn't matter.
This time, not only the stock investors were panicked, but Nubigian and others were also panicked. Why did this happen? How dare the mainland reject the proposal of the local government and the Hong Kong business youth delegation? Do they not care about the citizens of Hong Kong at all?
will.
Nubigian and several people in the HSBC Securities Department kept listening to the decline in the stock prices of their listed companies, with very gloomy expressions. They had been happy for a month, and were thrown into the territory by this sudden change.
At the same time, these people are also thinking about how to deal with it now. They now have such a huge amount of orders in their hands, and it is obviously not easy to transfer them.
Nubigian said: "Mr. Shen Bi, HSBC can provide us with a sum of funds. I will start to enter the market to rescue the market."
But it is a pity that Shen Bi did not agree to Nubigian's request. Nowadays, anyone with a discerning eye can see that the Xiangjiang stock market is about to plummet. HSBC's investment of funds will have no effect and will only result in losses.
Moreover, I also accepted a HK$2 billion order from the Lee Group this time. The loss this time is not a small amount. I am afraid that my position in HSBC is not stable.
On the Standard Chartered side, Powell Wilson was not even worse off. They accepted a HK$5 billion order from the Lee Group. After the British headquarters learned about today's situation, it was probably time for him to resign.
Nubigian, John Swire and John Madden are all looking bad. HSBC and Standard Chartered Bank will not provide financial support, and the current positions need funds to make up for it. If you want to bring back the market value of listed companies, you will need a lot of funds.
, where can they raise funds now?
Newbigian knew that his position in the Jardine Group was over this time, and the Keswick family would never let him occupy this position again. This time, the Jardine Group took over 20 billion from the Li Group.
The orders accounted for nearly half of the alliance. In just over half an hour, the stock market had dropped to more than 1600 points, which was lower than when they entered the market last month.
What Shen Bi and Powell Wilson are now more worried about is that they will no longer cover their positions and will let their positions explode. Wherever they go to find someone to take over, their bank will suffer huge losses by then.
Even if it were to find these three groups to make up for the losses later, it would be quite troublesome. Their two banks would not dare to rely on Li Guangyu's account. If they did this, Standard Chartered and HSBC would not have to hang around in Hong Kong.
Shen Bi said: "Mr. Nubigian, please prepare some funds to deal with the problem of replenishing your position at any time. Of course, if you are willing to transfer it, our securities department will also carry out the operation. It's just that the current market situation may have some difficulties.
Besides, your major groups have a huge number of orders, so you must be prepared for this."
The three of Newbikin were even more dissatisfied after hearing this. Even if the two major banks don't help you, they actually asked themselves to prepare funds to cover the position. Looking at the current situation, I'm afraid that covering the position is just adding more money.
Nubigian said: "Shen Bi, Wilson, are you, HSBC and Standard Chartered, willing to take over our order? We will transfer it directly to your securities department. This is also convenient. Then you can just trade with Li Guangyu directly, and you don't have to do it again." Ask for our advice.”
Shen Bi was very unhappy after hearing this. Am I a fool? At this time, I will take over the order in your hands and let you get away. We, HSBC, will take care of it for you.
Shen Bi said: "Mr. Nubigian, our securities department can only help you find customers who are willing to take your orders. We at HSBC have no plans to take your orders ourselves."
Powell Wilson will not even take over the orders from these companies. The orders from his own bank are enough to make him unlucky. If he takes orders from you, his own bank will probably go bankrupt.
After Shen Bi refused, Powell Wilson also rejected Nubigian's proposal and asked Nubigian and others to cover their positions at any time, otherwise they would force liquidate their positions. If they still cannot make up for the losses, several major groups will need to make up the losses. .