Rebirth of Hong Kong's tycoons, shorting Eagle Sauce

Just as Robert expected.

October 26th was another bright and sunny Monday.

But it became a nightmare for all Hong Kong people.

After the Hong Kong stock market was closed for nearly a week, it did not usher in a miracle after the market opened.

Under the pressure of the swarming selling orders.

All the red plates on the screen turned up (falling), and there was no green wave (rising).

The Hong Kong Stock Exchange was in a panic, and everyone was on the verge of collapse.

15 minutes later, the Hang Seng Index had fallen by more than 650 points!

Previously, the Hang Seng Index peaked at 4,000 points in October, and it fell by 1/6 of the prehistoric peak in just 15 minutes after opening!

The total decline for the whole day was 1,120.7 points, a drop of 33.33%, the largest single-day drop in the world's history!

After the market closed, Robert was almost crazy, and Cayman Capital invested nearly 4 billion US dollars in Hong Kong.

Now the Hang Seng Index has fallen by 45%, which means that Wang Lei has made nearly 1.8 billion US dollars by shorting the four major families.

Wang Lei seemed a little calm when he heard this number.

After a long silence on the phone, he issued a new order:

"Robert, buy back the stocks, complete the delivery with the lessee, and settle the order."

Robert was surprised and asked a little puzzled:

"Boss, Hong Kong stocks are obviously going to continue to fall. Every drop will make us millions of profits. Isn't it too early to settle now?"

"Greed is the biggest original sin. You must remember to never make the last penny!

As far as I know, the Hong Kong government and the Stock Exchange are preparing 2 billion to rescue the market. This is a dangerous signal."

"Boss, you are right. I was blinded by money and didn't realize such critical information."

Although the 2 billion Hong Kong dollars is far from the effect of rescuing the market, it will undoubtedly give hope to many people who are in trouble.

The collapse of Hong Kong stocks had a significant impact on the entire Dongzhou. The wealth of the four richest people shrank a lot, and countless multi-millionaires went bankrupt.

Qi Dayou's Liwei Motorcycle is now on the verge of bankruptcy.

Buying 2 million shares of Peninsula Technology was once his most proud transaction. He began to fantasize about becoming a billionaire after the stock soared.

Let Wang Lei and his son look at him differently.

Unfortunately, his euphoria lasted less than a day.

On the 19th, the entire Hong Kong stock market was falling, and Peninsula Technology was naturally not immune.

At the close of the market, the price fell by 5% compared to the previous day.

At that moment, he was ashamed, but he did not think of selling his stocks immediately.

He still dreamed of getting rich and wanted to see the wind direction again.

Many people, like him, had a little bit of luck in their hearts:

"The Hong Kong Stock Exchange will definitely take action, and the Hong Kong government will definitely take action."

It was this luck that made him lose the last chance to evacuate.

Then what greeted him was a 4-day market closure, after nearly 7 days of suffering.

Peninsula Technology did not usher in a miracle.

After opening on the 26th, it plummeted by 10% in an instant.

Looking at the scrolling screen, Qi Dayou knew that he was finished. Even if he sold, no one was willing to take over.

All his wealth was completely trapped in the stock market.

You should know that a large part of the money he leveraged did not come from formal channels!

It is easy to borrow money from underground banks, and you don’t even need any collateral.

The other party is eager to force the money on you, but if you want to default on the debt or default on the debt...

Broken hands and feet are light, and what he fears most is to implicate his two beautiful daughters.

Thinking that his daughters would be insulted by a group of bastards and even become high-end playthings, Qi Dayou suddenly fainted.

In a daze, he thought of asking the Wang family for help.

Presumably, the other party would remember the old relationship and help him through the difficulties at this moment.

Wang Lei didn't know what happened to Qi Dayou. He was called to the meeting room by Wang Zhengyi at this time.

The Wang family and his party were waiting seriously.

Chen Wanxian, the senior director of the Hong Kong Stock Exchange, led the team to investigate the illegal listing of Peninsula Technology.

Peninsula Technology has been reported and complained a lot.

It just raised 2 billion yuan publicly a few days ago, and the stock market crashed the next day after listing.

Many investors were upset and wanted the Hong Kong Stock Exchange to put pressure on them to return the contributions.

Moreover, Peninsula was listed ahead of schedule, so it was difficult to explain the coincidence.

Looking at Chen Wanxian, who looked like a decent person in the elevator surveillance, Wang Xiaotian said disdainfully:

"This guy really dared to come to the door. I didn't see him so efficient when collecting money."

"Xiaotian, don't talk nonsense. Now is not the time to tear our faces with him. Let's think about how to deal with their attack."

Wang Zhengyi was also a little unsure about what Chen Wanxian was thinking.

Showing up to accuse someone without even saying hello is not the style a partner should have.If the Stock Exchange had not had his informant, Chen Wanxian might have really caught him off guard.

Wang Lei guessed the mood of the "housekeeper" at this time and said with a smile:

"Dad, I think this big manager is also being forced by the media. He wants to throw us out to reduce the pressure of public opinion on himself."

Chen Wanxian's decision to suspend the market for 4 days (actually one week) was questioned by the media.

He was even asked anxiously by foreign media, and he directly knocked on the table at the podium, questioned the other party's name, and threatened to sue the other party to go to jail.

In addition, the Wang family's operation was indeed tempting. Feifei was too coincidental, which made Chen Wanxian have some crooked thoughts.

Wang Zhengyi snorted coldly: "Do you really think that our Wang family is made of mud?"

"Dad, it's only a matter of time before he steps down. Now is not the time for us to take action."

Wang Zhengyi, who had already resorted to means, nodded. He was now more convinced of his youngest son's words.

As soon as Chen Wanxian sat down, he gave the Wang family and others a warning and asked them to take out a thick stack of documents:

"Chairman Wang, everyone here is complaining about Peninsula Technology. I hope you can give investors a reasonable explanation."

"Explanation?" Wang Zhengyi and his two sons sneered, "My Wang family never explains to outsiders when we do things."

The arrogance and arrogance of the chaebols are vividly interpreted.

Wang Lei even righteously retorted: "Chen Wanxian, which law says that a company cannot go public in advance, and which law says that a listed company needs to withdraw its rights issue in the event of force majeure?"

The people brought by Chen Wanxian were all stunned. They never thought that the Wang family would be so arrogant in the face of questioning.

Not only did the other party not give in, but they also wanted to hold them accountable.

A young investigator knocked on the table angrily and said, "Assholes, we are questioning you now, we need a reasonable..."

"Oh, where are the flies?"

Wang Zhengyi was fearless: "If you have evidence that we have violated the law, you can arrest me now."

"But you have received so many bribes, and I don't need to do anything, someone will take the initiative to report you."

"Hehe, you will be miserable when the time comes."

If he wants the Wang family to spit out the money they have taken, he, Chen Wanxian, is not qualified.

Hearing this, Chen Wanxian's people all changed their faces.

Seeing that the group of people were extremely angry, Wang Lei stepped out to ease the atmosphere and said:

"Chairman Chen, we know that you regard the delisting of Peninsula as the last straw to save public opinion.

But have you ever thought that the withdrawal of Peninsula's rights issue is a greater challenge to the free economy and reputation of Hong Kong City.

You should know that Peninsula is not the only company listed in October. Seven companies have successfully listed with your approval, and several companies have issued new shares to raise funds!"

"If our Peninsula Technology withdraws the rights issue, will the investors of these dozen companies also want to withdraw their investment?"

"Assuming that in order to resolve the pressure of public opinion, more than a dozen companies have successfully withdrawn their rights issues, what about the companies listed in September? You are a smart person, and you know very well what the Hong Kong Stock Exchange will face next?"