Chapter 1430: The Wu Twins
In order to get a clearer picture of the situation,
Xia Yu immediately ordered all of his financial institutions to conduct a comprehensive self-examination and report back after consulting with Liu Tianci.
As for other financial institutions that did not belong to him, this kind of business data was a core secret, and it would be extremely difficult to investigate.
Xia Yu had to give up investigating for fear of alerting the enemy.
After all, his financial system in Hong Kong was already deeply integrated with the Hong Kong financial market. By investigating his own situation, he could understand the whole market situation.
It took two days to investigate internally and get a full picture of the situation.
There were HSBC-affiliated banks, Standard Chartered-affiliated banks, insurance companies, securities companies, and other institutions.
The statistics were shocking!
Even Xia Yu, who was mentally prepared, was still shocked.
The total value of the stocks lent by the financial institutions related to him last month, based on the stock price at the time of signing the agreement, was a staggering 59.272 billion Hong Kong dollars.
It was unlikely that all of it had been borrowed by the Rothschild family and their allies.
After all, under normal circumstances, other institutions would also borrow stocks.
In the Hong Kong financial market, short selling and long selling were constantly taking place...
But from the names of the companies involved in the bet, a preliminary judgment can be made.
And if we look at the data from last month, the total value of the borrowed shares was only 16.248 billion Hong Kong dollars.
The difference between the two months is 43 billion Hong Kong dollars.
The 43 billion worth of shares should be gone for good, having been borrowed by the enemy.
And based on the trading volume of the Hong Kong stock market in the past month, the enemy should have only borrowed a portion of the shares, with the rest still in their hands.
'If the stock prices of the stocks involved all fall, then the Hang Seng Index will definitely fall.'
'Considering the stocks that have not been lent out and are held by various financial institutions for investment, if the Hang Seng Index really plummets, then the losses will definitely not be small!'
'This is trying to overturn my lair, heh...'
After reading all the information, Xia Yu in the office couldn't help but sneer, his eyes flashing with cold light.
'Fortunately, Liu Tianci discovered it in advance, otherwise when the enemy attacks, we won't be afraid, but we will be flustered. Now there is still time to set up a counterattack.'
'However, this time it also revealed a problem. The Bright, Jiuding, Polaris and Quanri financial groups are not timely enough in sharing information. This problem...'
After muttering to himself for a while, Xia Yu also felt that this was a difficult problem to solve, because it was very difficult to solve.
If it was not a wholly-owned financial institution, then it would be impossible to share information, and the other shareholders would definitely have opinions, as would the executives of the companies.
Xia Yu had not forgotten that, on a global scale, he had many financial companies that only had a relative shareholding.
Even if it was an absolute holding, it was fundamentally different from a wholly-owned holding.
The best way to completely integrate resources was to merge companies of the same type.
However, there are also significant disadvantages to mergers. One is that they can easily cause turbulence in the company, and the larger the merger, the greater the turbulence and the longer the integration period.
The second is that once integrated, all of its strengths will surface, which will definitely cause a lot of shock and maliciousness.
A crocodile lurking underwater has deterrent and lethal power.
A crocodile that comes ashore is a target!
This matter still needs to be discussed at length...
Since he has figured out the direction of the enemy's attack, it's easier.
Xia Yu has never been one to like playing defence.
Plus, he is rich and doesn't fear a tough fight, so he thought about it.
He decided to use the enemy's own tactics against them!
If the enemy wants to borrow shares, he will let them borrow!
For example, if S.G. Warburg wants to borrow the 4.74% stake in Jiuding Real Estate Development Co., Ltd. held by Jiuding Bank, then let them borrow it.
If you don't let the enemy borrow more shares, how can you make the enemy's situation even worse?
Even if every share lent out now will be used by the enemy to convert into financial ammunition!
The more you lend out, the greater the risk!
It's all about hard power!
After Xia Yu made his decision, he secretly formulated a complete counterattack plan while pretending not to notice anything unusual. His financial companies kept lending out shares.
However, his huge capital flow began to move through a global banking network, constantly converging towards Hong Kong.
Meanwhile, the Luo network also mobilised in full force, trying to find out what other tricks the enemy had up its sleeve!
After all, if he were Jacob Rothschild, launching an attack on Hong Kong, he would definitely take advantage of the situation and look for opportunities to get twice the result with half the effort, rather than simply going in strong and choosing to get half the result with twice the effort!
Time passed slowly.
Li Ka-shing returned to Hong Kong after spending about a week in the UK, and then secretly met with Cheng Yutong, Liu Luanxiong, Yang Shoucheng and other members of the Chaoshan Gang. These people were all gamblers and agreed to take a chance on the future.
After the secret meeting, these tycoons began to sell their stocks, preparing to cash out at a high price to recover some of their funds, which would then be convenient for them to buy at a low price.
However, Li Jiacheng did not know that as soon as he returned, he was under close scrutiny. Everything he did was under Xia Yu's control, and he was like a clown jumping around in the dark.
...
The greater the appetite of the short seller, the more stocks they can borrow, and the more lending institutions they can borrow from.
The elites of the financial market, even if they are in different companies, cannot avoid gathering. Naturally, they have to chat. As time goes by, more and more people notice that something is wrong and know that there is a big short seller short selling the Hong Kong stock market.
For a time, the financial market in Hong Kong felt quite oppressed by the dark clouds gathering.
But just as Xia Yu thought his enemy was about to make a move in Hong Kong,
something extremely important was happening far away in London, England.
What was involved was the Chinese business consortium that Xia Yu had supported in the UK!
The Chinese business consortium had long since become a collection of Chinese-owned businesses in Europe, and it was considered a force to be reckoned with in the UK and even Europe. It was definitely a banner for the Chinese in Europe, and the consortium involved hundreds of companies with assets worth tens of billions of pounds!
When Xia Yu was still young and weak, the Chinese business consortium was indeed of great importance to Xia Yu.
However, despite the arrangement, Xia Yu did not expect his rise to be so rapid, so that he had a giant and prosperous consortium in the UK and Europe.
Regarding the Chinese business consortium, due to initial circumstances, he only held a 22% stake in the Chinese Business Bank and could not control the consortium.
The consortium is controlled by the Ng family, which has supported it. The Ng family holds 33% of the shares in the Chinese Mercantile Bank. Although many of the Chinese families in the Chinese Mercantile Bank have been in the UK for up to a century, it is very difficult for them to integrate into the UK due to their different skin colour.
And the Bright Consortium? Xia Yu can control it like his own arm. Although it has only been developing for a few years, it has taken the right path to the top from the beginning, and has long since penetrated the UK, becoming bound up with the UK economy and society.
Therefore, with the Bright Foundation in existence, the role played by the Chinese Business Consortium for Xia Yu is becoming less and less.
And Wu Hongyi has never let Xia Yu down. Every time he has something to do, Wu Hongyi will do his best.
Three years ago, after Wu Hongyi's grandfather Wu Chengde passed away, Wu Hongyi became the head of the Wu family and took care of everything in an organised manner.
Accordingly, Xia Yu is also very confident in the Chinese Business Consortium and does not invest too much energy and attention in it.
This was a sign of trust in Wu Hongyi!
However, this time the problem arose in the Wu family, whom Xia Yu trusted the most!
It was just that the problem did not lie with Wu Hongyi, but with Wu Honglin, who had let his guard down.
This was the third son of the Wu family, who had once wanted to plot against Xia Yu for his wealth and life, but was let off the hook by Xia Yu at the time.
When Wu Chengde was alive, he had always been honest.
But after Wu Chengde's death three years ago, Wu Honglin gradually revealed his talents and became a business elite in the Wu family, second only to Wu Hongyi. He has made great contributions to the Wu family and the Chinese business consortium.
With these achievements, Wu Honglin quickly became the second most powerful person in the Wu family, second only to Wu Hongyi.
The two brothers worked together to grow the Wu family and the Chinese business consortium, and were known throughout the Chinese community in Europe as the 'Wu twins'.
It is said that a man with a great reputation is not without merit.
However, this is not necessarily the case with Wu Honglin.
The phrase 'great reputation, but not always living up to it' is more suitable for him...