Rebirth of the Great Entertainment Empire
Chapter 553 Black Monday (Part 2)
…
Hong Kong time: October 19, 1987, Monday.
At ten o'clock when the stock exchange opened, there was a strong wave of selling. All the blue chips opened several prices lower, and then there was a flood of selling orders. Second- and third-tier stocks fell even more sharply. , with no buyers. At 10:15 (fifteen minutes after the market opened), the Hang Seng Index had fallen to 120 points. Then the market calmed down, and the selling orders were slightly restrained. The general stock price Set at a low level.
At 11:00, the Hang Seng Index rebounded by more than 2 points, and then another round of selling frenzy emerged again. At 12:00, the index dropped another 140 points to 3,524 points** **.
What the hell happened?
Is Xiangjiang Lu Chen?
Pounce on your mother! Is this going to break the rhythm?
...
No one could find a suitable explanation. It seems a bit exaggerated to say that the Hong Kong stock market reacted more violently than the U.S. stock market due to the sharp drop in the U.S. stock market.
However--
What bothers the market the most is the performance of Hongkong Land—the rumors of Hongkong Land being acquired are circulating in the market from time to time. On the eve of the market crash, this rumor is even more widespread. It is said that Xu Cun intends to attack Hongkong Land and completely merge Hongtu Land into Huangtu Land. All kinds of rumors have caused Hongkong Land's stock price to go against the current in the sharp market drop, making many investors look forward to it and forget to take preventive measures against the market drop .
Since the drop in the market was too much, and there was no reason to be bearish on the market, after twelve o'clock, some brokerage firms opened the market to close the market, causing the stock market to rebound slightly by 23 points to 3,540 The market closes at 7:90.
At noon, Central was the same as before. The restaurants and restaurants were still crowded with people, but you could see that many people had lost their smiles and their expressions were quite dignified. There were people standing in front of the stock ticker of the bank. The headlines reported the news, and the media not only spread the news, but also the panic.
In addition, many people informed their relatives and friends of the bad news, and panic spread to every corner of Xiangjiang in a very short period of time.
At 14:30 p.m., the stock market reopened, selling orders poured in like a mountain, and even the wonderful market Landmark also fell. In just one hour after the market opened in the afternoon, the Hang Seng Index fell another 185 At this point, many stocks and even blue-chip stocks have only sellers, and there is no one under the buyer's card. Shareholders have no choice but to cry, and the market investment sentiment has changed from absolute optimism to extreme pessimism within this day.
Since the market drop was caused by the United States, even though the Hong Kong stock market is closed at night, investors are still busy. On the one hand, they look at the quotations of Hong Kong stocks in London, and on the other hand, they wait for the news of the U.S. stock market. The only element of a person's life.
After learning that the U.S. stock market has fallen even harder, all investors feel heavy - everyone knows that tomorrow Hong Kong stocks will fall again due to the decline in U.S. stocks, and U.S. stocks will fall again due to the decline in the outside world. Form a vicious circle, and finally push these stockholders into the endless abyss!
In the evening, radio and TV stations frequently reported the latest market conditions of the U.S. stock market, and the atmosphere was very tense. As a result, the U.S. Dow Jones Industrial Average plummeted 508 points, setting a record for the largest single-day drop in the U.S. in more than a century. Major newspapers reported on the US stock market in red and bold headlines. It is believed that many investors were at a loss after seeing the news and waited for the death sentence when the market opened.
...
The overwhelming reports about the current stock market caused Pan Disheng, who was raising funds to repair one after another endless big holes, to spit out a mouthful of blood, and then Pan Disheng fell into a coma and was sent to the hospital by his family!
At the moment when he was still conscious, Pan Disheng was full of remorse!
Pan Disheng resented himself for not having the courage to be dead for ten thousand years!—if he had been able to fight to the end in the stock market, now he would not be as embarrassed as a bereaved dog. It's the most exciting time!
Pan Disheng hated the 'Sun Yong' who caused him such misery——Pan Disheng swore with the only consciousness left before he fell into a coma: Sun Yong, I, Pan Disheng, swear, I will find you in my lifetime, and then I will crush you to ashes with my own hands!
...
Xiangjiang time: Monday, evening.
Song Lihui, Chairman of the Bank of China Group, and Chen Muhua, President of the Bank of China, drove an inconspicuous Toyota to Shi'ao Manor.
After a lot of twists and turns, Xu Cun personally took Song Lihui and Chen Muhua into the Shi'ao Manor under military control.
As soon as they entered Shi'ao Manor, Song Lihui and Chen Muhua couldn't wait to drag Xu Cun aside, and then Chen Muhua, who had always been calm, whispered to Xu Cun: We heard that the Hong Kong Stock Exchange is planning to hold an emergency contingency meeting. , to discuss the suspension of the market tomorrow, A Cun, how should we deal with it?
Xu Cunyan said decisively: You don't have to worry, the general trend is now established, even if they really dare to stop the market, when the market reopens, it will still continue to fall sharply.
Hearing Xu Cun say that it will fall again, Song Lihui hastily interjected: Still falling? How much?
Xu Cun said leisurely: I guess, no one in this world can accurately calculate how much more it can fall... But I estimate that the drop should still be higher than today.
As soon as Xu Cun said this, Song Lihui and Chen Muhua were overjoyed—today alone, they made two to three billion US dollars in foreign exchange for China in the Xiangjiang stock market. One day, they can earn five to six billion U.S. dollars in foreign exchange for China during the stock market crash, and China's economic situation will definitely improve greatly by then.
Chen Muhua immediately asked again: Then when will this stock market crash end?
Xu Cun looked at Chen Muhua and said with a smile, When things stabilize, this stock market crash will be over.
Xu Cun knew what Chen Muhua was really worried about, so he added: Don't worry, the Xiangjiang stock market will never rebound in a short period of time.
If other people said this, it would be good if Song Lihui and Chen Muhua believed it one point, but when Xu Cun said this, Song Lihui and Chen Muhua believed it at least nine points-the only point of doubt was Song Lihui And Chen Muhua's stability is not because Song Lihui and Chen Muhua don't believe in Xu Cun's ability.
but--
Although he got Xu Cun's guarantee, but out of the banker's conservatism, Chen Muhua still said: You, A Cun, should be in charge of the general trend, and the motherland will definitely advance and retreat with you!
...
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