Chapter 700 State-owned enterprises enter the Xiangjiang market
However, there are still cases where individual listed companies fail to repurchase shares.
Once the repurchase funds raised by listed companies are exhausted and the stock price is not effectively raised to the target position, the trouble they are about to face will be much greater than those companies that allow their stocks to fall.
The decline in market confidence will trigger a chain reaction. It is almost inevitable that the capital chain will be broken, debts will pile up, and creditors will be overwhelmed.
If there are still people who secretly covet the company and take the opportunity to add fuel to the flames, it is not impossible for the listed company to lose its equity and cause the company to change hands.
Microsoft's Bill Gates is also preparing to buy back shares. Last Thursday, Zhu Lihua, who stepped in for Sun Dahai, signed a loan agreement with him. The specific conditions were what he and Sun Dahai discussed on the phone. A year later, he would use Microsoft's stocks.
to repay.
Later today, the money will be transferred to Sun Dahai from his personal account at Citibank. Sun Dahai has advised Bill to wait two or three days before entering the market.
Bill still trusts Sun Dahai's ability in investment. After seeing today's opening, I believe he will pay more attention to Sun Dahai's suggestions.
The trend of the US market is in line with the expectations of the trading team. The trend of a second bottom in the world's major stock markets has been formed, and the Asian market led the decline.
Well, now, the amplitudes of the main projects of the Asian group and the American group in this market are almost the same. It seems more fair when the two groups compete in private.
The market development of the US market was very consistent with what Sun Dahai remembered, so Sun Dahai was relieved. He watched the market changes until after midnight, and then went to bed.
On the second day, the performance of stock markets in various Asian countries was still unsatisfactory. Although some small buying orders appeared sporadically on the market, the overall trend was still shrinking and downward.
Before the market closed in the afternoon, there was a tentative rebound in the Tokyo market. Bulls forcibly pushed up several leading stocks in an attempt to attract popularity and drive OTC funds to enter the market.
The effect of the bulls' move was still somewhat effective, but the number of investors following the trend was not large, and their confidence in going long was obviously insufficient. Therefore, by the close of trading, this rebound only reduced the Nikkei 225 Index's today's decline by 1%.
The market closed down 3.45%.
There is a one-hour time difference between Xiangjiang and Japan. After Japan closed, the Xiangjiang stock market was still trading. When the Tokyo market just rebounded, the Xiangjiang market also responded accordingly, and bulls began to rebound in conjunction with the Tokyo market.
However, the rebound effect of the Tokyo market was very limited. After the market closed, the Hong Kong stock market also lost the momentum to rebound.
The bears who had been waiting for a long time began to show off their power. Less than 15 minutes before the Tokyo market closed, the Hang Seng Index was knocked back to the position before the rebound. Under the pressure of the short orders, the decline accelerated again, and finally ended at today's price.
The low ended trading for the day.
After the Hong Kong stock market closed, Sun Dahai received a call from Zhou Tao.
On Sunday, Zhou Tao and the others returned to the hotel where they were staying from Sun Dahai. After discussion, several people decided to take a risk. Following the ideas provided by Sun Dahai, they rushed to prepare an analysis report overnight and submitted it to
Higher office.
For two consecutive trading days, the trend of the Xiangjiang stock market was exactly the same as what they predicted in the analysis report. While several people were happy, they also gained a deeper understanding of their ability to analyze and judge the future.
As soon as the Xiangjiang stock market closed today, the secretary of the top leader of their department bypassed the intermediate steps and called Zhou Tao directly to verbally praise their previous work.
Zhou Tao and others have worked in government agencies for many years, so they naturally understand the hidden meaning behind this kind of extraordinary behavior. However, they cannot make such things public at will. This is like walking at night in brocade clothes, which really makes people feel very aggrieved.
So Zhou Tao made a phone call to Sun Dahai. While strengthening the relationship, it also enabled him to share the joy in his heart with others.
With the occurrence of the stock market crash, people in the Hong Kong market are panicking. With the prices of each stock now at a relatively low point, domestic capital will definitely not miss this good opportunity to enter the Hong Kong stock market.
Zhou Tao's phone call verified Sun Dahai's suspicion. Zhou Tao's department is responsible for helping and guiding large local state-owned enterprises to enter the Xiangjiang capital market.
Sun Dahai suddenly thought that if the Chinese government publicly announced its support for the economic development of Hong Kong and the maintenance of the stability of the Hong Kong stock market at this time, it would undoubtedly be an effective shot in the arm for the Hong Kong stock market and futures market.
Those large central enterprises that are not under Zhou Tao's jurisdiction but are powerful have already targeted the Xiangjiang market through other channels.
If domestic enterprises want to enter the Xiangjiang market and seek development, they can adopt two methods: direct entry and indirect entry.
Among them, companies that enter directly with products or services will give local companies in Xiangjiang a feeling of a crying wolf, and can easily trigger a joint boycott by local companies.
You must know that the market volume of Xiangjiang itself is not large, and most industries are in a state of saturation. Its interest chain has long been completed, and the competition itself is already very fierce. For new foreign competitors, they will definitely share the same hatred.
If an enterprise adopts indirect entry, it will be inconspicuous, appear much gentler, be more easily accepted by local enterprises, and can be quickly integrated into the Hong Kong economy.
There are many ways to indirectly enter the Xiangjiang market, such as joint ventures, cooperation, registering new companies, etc. Those large and powerful state-owned enterprises can also set up branches in Xiangjiang.
In addition, domestic enterprises can also use the capital market to enter the Hong Kong market, which is even more subtle.
For example, acquisition of listed companies, backdoor listing, asset replacement, business injection, etc. If the operation is more prudent, the task of landing on the Hong Kong market can be completed quietly.
Sun Dahai suddenly thought that if this idea continues, the domestic government may indeed announce support for Hong Kong's economy in the short term.
If this is the case, it will have a certain negative impact on the subsequent operations of the trading team. Since the second dip was guided by the Hong Kong stock market, once the government announces support for the Hong Kong economy, it will form support for the Hong Kong stock market.
Although such news is not enough to immediately cause a market reversal, it will at least effectively delay the downward trend of the stock market, thereby reducing the time and depth required for a second bottom.
Once the Hong Kong stock market stabilizes, other Asian stock markets that have been dragged down by it, including European and American stock markets, will also lose the motivation to continue their decline and will return to normal trends after bottoming out, thereby declaring the end of this global stock market crash.
Thinking of this, Sun Dahai called Qiao Wanting, Laurson and Xing Wenyan, and everyone held an impromptu small meeting to discuss whether the original operation plan needed to be fine-tuned.