On Saturday evening, Barings Bank and Peregrine jointly announced that Barings Bank had invested US$300 million to acquire 51% of Peregrine’s equity.
As soon as the news came out, Hong Kong and Kowloon were shocked.
Many people knew that it was only a matter of time before Peregrine went bankrupt. Unexpectedly, Barings Bank intervened at the last moment. You know, the Zurich Group hesitated for two months and gave up at the last moment. But Barings Bank just took two days to intervene.
The announcement of the capital injection into Peregrine is simply unrivaled.
Of course, some people also think that Liang Botao is known as Lin Zuhui's "consultant". Perhaps it was because of the relationship between the two that Bahrain Bank intervened in this matter at the last moment.
Barings Bank itself is also in the news. The bankruptcy news three years ago is still a negative example for major financial institutions in the world. But in the three years since Octopus Financial Group took over, Barings Bank has once again become the limelight of the world's financial institutions.
It said it earned nearly $1 billion.
Wherever you fall, you get up again. This is the impression that Bahrain Bank gives people.
The impact of this news is not limited to this. Many people have regained some confidence in the stock market on Monday; after all, the stock god Lin Zuhui is behind Barings Bank. At this time, Bahrain Bank takes action, which means that Lin Zuhui takes action, so everyone
I have some confidence in the battle to defend the Hang Seng Index’s 10,000 points.
.......
Sunday.
Soros's assistant walked into his office and informed him of the news about Xiangjiang.
"What does this Lin Zuhui mean? As far as we know, he cashed out a large amount of stock trading funds at the peak last year. Logically speaking, he should be happy for the Hong Kong stock market to collapse, so that he can buy the bottom! Looking at it now, he is always at the critical moment
At all times, guard the Hang Seng Index." Soros whispered in his mouth.
The assistant thought for a moment and said: "Based on the current situation, maybe he just wants to protect his own one-third of an acre. For example, last time it was for his five listed companies; and this time, he took the opportunity to annex hundreds of
Peregrine, and he had a good personal relationship with Peregrine’s boss. Therefore, he was not directly involved. After all, as a shrewd businessman, he was also waiting for the Hong Kong stock market to plummet to a certain level, and then bought the bottom.”
From the perspective of Wall Street, financial people are cold-blooded. Even if there is an opportunity to short-sell U.S. stocks, everyone will do it as long as there is enough profit. And Lin Zuhui is also a top financial speculator, so there is no reason why this should not be the case.
Soros nodded and said with satisfaction: "Your analysis makes sense. From this point of view, Lin Zuhui is not an opponent. He just wants to fish in troubled waters. We will follow the plan tomorrow and we must break through 10,000 points this time. Now, the Four Little Dragons
Only Xiangjiang is left, it’s time to concentrate on dealing with Xiangjiang!”
Singapore, South Korea, and Japan are all almost over, and now international speculators only have Hong Kong as their target.
The assistant said: "Okay, I will contact you and we will work together tomorrow!"
........
Peregrine Company.
Lin Zuhui brought Barings Bank President Andre and the four directors stationed at Peregrine to the Peregrine conference room and convened the Peregrine Board of Directors.
The first thing was that Lin Zuhui unceremoniously fired four directors headed by To Huilian.
Du Huilian looked at his old partner Liang Botao complicatedly, because when the two parties negotiated the terms, they did not mention the removal of the four directors' positions. Obviously, Liang Botao knew about this. After all, he knew the relationship between Liang Botao and Lin Zuhui, just like he and Li
Superman's relationship is the same.
Lin Zuhui said solemnly: "Mr. Du Huilian, what you need to understand is that once Peregrine goes bankrupt, the Xiangjiang court will definitely hold the four of you legally responsible. By then, there will no longer be a place for you in the Xiangjiang business community. Therefore, we will only discharge you."
The director's seat is already filled with benevolence and justice."
In fact, after a follow-up review reveals specific evidence of the negligence of four directors by To Huilian, a public bombardment is inevitable. By then, the four people will also become a joke in the Hong Kong business community.
To Huilian is responsible for more than half of what happened to Peregrine today, because Liang Botao is responsible for the listing business of mainland companies in Hong Kong and local business in Hong Kong, while To Huilian is the "king" of Southeast Asia. This time, Southeast Asia lost more than 800 million US dollars (bad debts may be reduced)
some losses), To Huilian is the culprit.
It cannot be said that Liang Botao has no responsibility. After all, he is the chairman of the board of directors of Peregrine. Therefore, Liang Botao is also a "sinner", and Lin Zuhui dares to use such aggressive talents because all his subordinates are acting according to Lin Zuhui's general policy.
, there is no chance to advance even if you want to.
Du Huilian wanted to make a quibble, but he found that he could not muster the courage at all under Lin Zuhui's majesty. How can a loser get the courage?
After the four people left the conference room, Lin Zuhui announced: "Bahrain Bank has sent four directors, and Peregrine will continue to be led by Mr. Liang Botao."
The other directors applauded sincerely, because the entry of Barings Bank means that Peregrine's situation has improved. You know, Lin Zuhui is an expert in "turning waste into treasure". From China Commercial Bank to Barings Bank, that one is not after bankruptcy.
Reborn under the leadership of Lin Zuhui.
Peregrine is saved, which means that the directors who hold shares are saved. Once it goes bankrupt, they will get nothing at all.
Then, Lin Zuhui arranged: "The first thing: the entire Asian economy will deteriorate this year. You can think about what Peregrine should do. In short, Peregrine must break and then stand up, instead of tinkering and living in an ignoble way."
"The second thing: After tomorrow's decisive battle, the Hang Seng Index will usher in a wave of 'Little Indian Spring' technical rebound. Peregrine is preparing to sell the shares held by Guang Sang Bank to my Leit Group, so that we can truly alleviate the epidemic.
Fuqin’s Crisis.”
Kwong Sang Hong owns many cosmetics brands, such as 'Shuangzhu', 'Liu Shen', 'Ya Shuang', etc. which were popular in Shanghai at that time. Although the mainland also has a share of the brand rights, the brand rights of mainland companies cannot be exported.
Mainland China, because the world only recognizes the brand rights of Xiangjiang Company.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Just like Wong Lo Kat in the previous life, his descendants have registered trademarks all over the world, and Cantonese medicine cannot be exported at all. After all, one is forced confiscation, and the other is family inheritance.
.
Next, everyone expressed their opinions, and of course they all expressed their opinions within the framework of Lin Zuhui.
Liang Botao said: "In this way, there will be almost more than 500 million in cash flow. We can retain some profitable bonds to avoid excessive losses. At the same time, the business channels in Southeast Asia still have to be temporarily maintained."
Andre nodded and agreed: "As long as it is an investment banking business channel, it is the cornerstone of future development and cannot be cut off."
Once you have enough funds, you can save some of your assets and business. Barings Bank will send four directors to review these.
Of course, Peregrine will still be privatized, but the time is not yet there; after the privatization, Bahrain Bank will arrange Liang Botao to serve as the vice president of Bahrain Bank and be responsible for the Asian business of the merger of the two companies.
Barings Bank spent 300 million U.S. dollars to acquire shares in Peregrine this time, but the amount on its account was more than 1.5 billion U.S. dollars, which did not affect the company. On the contrary, after absorbing Peregrine, Bahrain Bank has become a world-class bank.
investment bank.
In the future, Barings Bank will become an important weapon in Lin Zuhui's hands.
........
The next day, another war broke out in the Hong Kong stock market - international speculators vs. mysterious opponents.
International speculators are selling a lot of shorts, aiming to break through 10,000 points. This is something that many investors understand.
The lobby of a securities company.
"It's terrible, it's already fallen below 10,200 points, and it's almost impossible to hold on to 10,000 points!"
"Not necessarily, it's already afternoon. Due to the news today that 'Barings Bank has acquired Peregrine', the stock market has already performed very well!"
"No way, panic selling is easy to break out in the late trading, and it's not easy to hold on to 10,000 points!"
Investors looked anxiously at the electronic screens and cursed the international speculator mother.
Suddenly someone said: "Look, there seems to be a large number of buy orders here at 10200 points, which have been pinned here for a long time!"
Suddenly everyone discovered this anomaly. At this time, international speculators must be selling a lot of shorts. After all, their goal is to reach 10,000 points. But this is not the case at this time. As soon as the Hang Seng Index breaks 10,200 points, it will quickly pull back.
10200 points and above.
“There are a lot of funds buying the bottom!”
"Yes, is there a technical rebound?"
“In this market situation, we must seize the technical rebound and then make a profit!”
For a time, many veteran stock traders began to hunt for the bottom.
At this time, international speculators also discovered that a large amount of funds were on defense at 10200, about 2 billion in funds an hour, which really surprised everyone.
Everyone tried to attack several times, but found that it was in vain. This force did not seem to be "sloppy" at all. Later, a large amount of funds were added, and the Hang Seng Index actually began to rebound.
In the end, it closed at 10,500 points, much higher than the expectations of international speculators.
"Who?" All international speculators are asking.
Quantum Fund.
Soros's assistant immediately informed him of the situation.
"It seems that the guy is buying the bottom, I'm sure of it." Soros showed a smile.
The assistant asked: "The boss doesn't seem to be sorry?"
Soros said: "Why am I sorry? You must know that we have sniped the Hang Seng Index by 1,700 points this time, from 12,250 points to 10,500 points. Didn't we make a profit?"
The assistant suddenly understood and immediately said with a smile: "Yes, we have made a profit again. Of course we have won. Once again, the Hang Seng Index will definitely break through 10,000 points!"
Soros said confidently: "Next time, when we meet at 4,000 points, we will make the Hang Seng Index only 25% of its peak. But for the next decisive battle, we will prepare for a period of time. These two times were a little rushed, so it is just a test."
The assistant said with admiration: "Yes, Xiangjiang has become our cash machine, and Xiangjiang investors are already afraid of us. Being timid without fighting is their biggest flaw."
Regarding Lin Zuhui's behavior, Soros felt that he had guessed his thoughts, which was to take advantage of the low price, which was essentially for his own benefit, not to save the market.
Both sides are scheming. Soros is speculating on Lin Zuhui, and why is Lin Zuhui plotting against international speculators?
Both times he was careful, fearing that people would think he had a lot of money.
His real purpose is to cooperate with the decisive battle between the Hong Kong Monetary Authority and international speculators to force the Hang Seng Index to rise. By then, nearly 60 billion in funds will be a huge force.
Of course, after the attack in January, Hong Kong's economy was hit again. After all, the Hong Kong Monetary Authority raised bank interest rates and interbank interest rates, causing real estate and the economy to fall again.