Chapter 1462: A bumper harvest! A huge profit!

'This capital is still negotiable. Although there was a loss of 8.6 billion US dollars, with the strength of our family, we can still come up with it.'

'I'm worried about the enemy's counterattack now. This time, the attack on Xiangjiang was particularly large, and both of our battles ended in failure, which dealt a heavy blow to our family and company!'

Lester Rothschild could not help but say.

He was the head of the Rothschild family in Austria and the chairman of the Central Cooperative Bank of Austria, the largest bank in Austria.

So for him, it was definitely impossible to come up with 8.6 billion dollars at once, but it was definitely not a problem to share a quarter of the pressure with the family.

'That's it. After all, our enemy is the Jiuding Consortium. The Jiuding Consortium itself has huge media power. In the UK, the Bright Foundation is an ally of the Jiuding Consortium. With the influence of the Bright Foundation in the media field in the UK and even in Europe, the risks we will face in the future are huge!'

Jakob Rothschild nodded and said with a grave face.

The other people's mood became even more heavy when they heard this.

They all knew that the Bright Foundation, which controlled the Mirror Group, the Financial Times Group and the Daily Telegraph, was the undisputed media overlord of Europe and a leader on a global scale.

If the Bright Foundation also made trouble, then...

'It seems that we have to do everything we can to raise funds, otherwise if there is a problem with our capital chain, our old rivals will not miss the opportunity!' Harry Rothschild of Switzerland shook his head helplessly.

'Harry is right, we need to dispose of some assets of low importance as soon as possible to raise enough funds. It will be difficult to rely on others, after all, we are not the only ones who have suffered heavy losses this time.' David Rothschild of France nodded in agreement.

'By the way, how did other institutions fare?' David Rothschild suddenly looked at Jacob Rothschild and asked curiously.

The others also focused their attention on Jacob Rothschild.

Of course, Jacob Rothschild was not as well informed as Evelyn Rothschild on this matter, and the former could only look to the latter.

After pondering for a long time, Evelyn Rothschild said, 'We have only just urgently calculated our own losses, and it is not yet clear for other institutions.'

'However, based on their previous operating volume, it can be roughly estimated.'

'The combined losses of Cerberus Capital Management, Longo Asset Management, and G.S. Warburg may well exceed 40 billion US dollars, or even approach 50 billion US dollars!'

'It's still necessary for these institutions to take the initiative to default on some VAM agreements that have not yet expired, just like we did, otherwise, with the current situation where Hong Kong stocks are completely controlled by long positions, the losses will be even more appalling if we drag it on!'

Elro Lo希尔 couldn't help but say, 'Add our losses, the total losses exceed 50 billion U.S. dollars, close to 60 billion U.S. dollars, wow!'

'On average, each institution has a loss of 2 to 3 billion U.S. dollars, which is definitely a huge economic blow to the entire European capital community!'

'As for the loss of prestige and goodwill for each institution, it is even more incalculable!'

Leopold Lo希尔摊了摊手said, 'That's why I said that this time, we are not the only ones who need financial support. We shouldn't pin too much hope on getting much external financial support. The key still lies in ourselves.'

'Everyone is right, but I have a suggestion!' Just then, David Lo希尔suddenly said.

'David, you go ahead.'

David Locher said slowly, under the scrutiny of everyone present: 'This time, we are not the only ones suffering heavy losses. Even if there is a public relations crisis, more than twenty organisations will be involved.'

'But we don't know who the enemy will deliberately target!'

'Whether it is to immediately diversify risks or to restore the company's goodwill in the future, we must strengthen our control over the media!'

'Although we have attached great importance to this aspect before and have created our own media mouthpiece, we still seem too conservative compared to others.'

'Although acquiring a media company requires a lot of capital, I think it will definitely be worth it for us.'

'I agree with David.'

'I agree too!'

'Agree!'

...

The Rothschild family and the more than 20 European institutions were all pondering how to deal with the crisis caused by huge losses.

Xia Yu, on the other hand, had his subordinates counting the harvest in an intensive manner.

Meanwhile, he was receiving a visit from Liu Zhihe.

'Director Liu, the enemy has been repelled. The British political scene will no longer be able to do anything about the Statement. Without the support of capital, those few politicians will not be able to stir up any waves. I suggest that we can increase our efforts to completely resolve this issue and add supplementary provisions to try to prevent this kind of thing from happening again.'

Liu Zhihe smiled and nodded, saying, 'Okay, I will convey your suggestions to the higher-ups, and I believe they will definitely study and consider them.'

'Mr Xia, this time, it was thanks to you. Under your leadership, you have shown the style of a Chinese entrepreneur.'

Xia Yu gave a faint smile: 'It was mainly down to everyone being united. We Chinese people are united and unafraid of anyone. This was the case hundreds and thousands of years ago, it was the case decades ago, and it is still the case now!'

'As long as the vast majority of people can unite, we can achieve anything.'

Liu Zhihe's eyes twinkled as he picked up Xia Yu's subtext.

He laughed and said, 'Mr Xia is right. We have only been able to get this far because we have united the majority. As for the very few counterrevolutionary scum, we must either liquidate them immediately or remember that it will not end well for them anyway.'

'Haha...'

Xia Yu laughed heartily.

Just then.

'Chairman,'

Fok Kin-ning suddenly knocked and walked in. After seeing that Liu Zhihe was still there, he smiled, nodded, and indicated that he wanted to put down his documents and leave.

However, Liu Zhihe took the initiative to stand up and bid Xia Yu farewell: 'Mr Xia, it's getting late, so I won't disturb you any longer. I need to go back as soon as possible to report to the higher-ups.'

Xia Yu got up and laughed: "Won't you stay a little longer?'

'No need, I'll trouble you again next time!" Liu Zhihe smiled and waved his hand.

'Eh, it's not a trouble to bother me, you're welcome to come and visit often,' Xia Yu said with a slightly stern face.

'Of course, of course!'

'Mr Xia, you don't need to see me out, I can find the door myself.'

Despite Liu's words, Xia escorted him to the office door, and only returned to his office after seeing him into the elevator.

'Jianing, have the results come out yet?'

'The statistics are in, Chairman. Under your wise command, we have won another great victory this time, with remarkable results!'

'Would you like to see them yourself or shall I read them out to you?' Huo Jianing said excitedly.

'Read it out,'

Xia Yu said, sitting on the sofa, closing his eyes to rest, but his ears remained alert.

'Okay,'

'This time, we went long on Hong Kong stocks, and all the agreements on the bet, regardless of whether they had expired, ended with the bet-counterparty in breach of contract, and the enemy surrendered!'

'Currently, the compensation received by the various participating companies under our entire consortium, plus the interest on stock lending, etc., the total profit is as high as 166.53219 billion Hong Kong dollars.'

'In addition, because the Hang Seng Index has now reached 7,000 points, the total market value of Hong Kong stocks has reached 3 trillion Hong Kong dollars.'

'We mainly concentrated on cashing out at the high point around 4,000 points, and then bottom fishing between 1,600 and 2,000 points on the Hang Seng Index. Because the amount of cash out was lower than the amount of funds used for bottom fishing, the actual profit was not calculated, and it was calculated as a floating profit.'

'As of today's closing price, the unrealised profit is as high as 472.83913 billion Hong Kong dollars.'

'Of course, this unrealised profit refers only to the unrealised profit of these stocks that we bought at the bottom.'

'As for the stocks of various companies that we originally held, as well as the equity of listed companies within our consortium, their value has also skyrocketed due to the overall market boom.'

'For example, Jiuding Real Estate Development Co., Ltd. has a market value of over 100 billion Hong Kong dollars, and this company alone has increased the wealth of the consortium by more than 40 billion Hong Kong dollars.'

'If we include all of this...'

'Alright, alright, there's no need to mention the companies in the consortium. The stakes in these companies cannot be sold. No matter how much you count, it's just numbers, and it's only for listening to, it's not of any substance.' Xia Yushai smiled and waved his hand, interrupting Fok Kin-ning's report.

Fok Kin-ning was not embarrassed, and simply smiled and ended the report, 'That's all.'

'The profits in hand, plus the floating profits, are currently 639.37132 billion Hong Kong dollars.'

639.37132 billion Hong Kong dollars!

At the Hong Kong dollar to US dollar exchange rate of 6.1:1, this is equivalent to 104.81497 billion US dollars!

This is undoubtedly a huge amount of profit!

It is comparable to Xia Yu's gains from laying short of international crude oil futures for many years, and it is not to be sniffed at!

A bumper harvest indeed!

However, Xia Yu is also very clear-headed.

He knows that the losses from short selling are definitely not this high, and that the floating profit should include the losses of investors who sold their stocks earlier. After all, the stock market is not a zero-sum game, and losses and profits cannot be equivalent.

The current calculation is so high only because the data looks good.

The floating profit of 472.83913 billion Hong Kong dollars will not really be able to be obtained in such a large amount.

After all, the Hang Seng Index of the entire market has been pushed up to 7,000 points by him. The key to being able to push it up so high is that there are very few circulating shares in the entire Hong Kong stock market, and most of them are concentrated in the hands of him and his other long-only allies.

As he and his allies gradually cash out their stocks, the market will definitely fall, and so will his floating profits.

In addition, many stocks themselves are being lent out again or cashed out at high prices. It is unlikely that the core companies of these consortia will be able to release all their stocks this time, and they will only release a portion of them for circulation.

If the stocks are not sold, no matter how much the floating profits are, they are just a mirage!

Therefore, in Xia Yu's estimation, of the HK$472.83913 billion in unrealised profits, the amount that can actually be converted into actual income is estimated to be between HK$250 billion and HK$300 billion!

Even so, it is absolutely not low!