Rebirth of the Strongest Tycoon

Chapter 1017 Disadvantages of Equity Pledge

"Haha, needless to say, of course I did!"

"Now that the Song family and the Shi Yahuai family are fighting to the death, many people are already ready to make a move, including me. Now that I know you will intervene, why should I hesitate!"

Bao Yugang laughed loudly.

"I must be counted in. I may not be able to play a big role in overcoming difficulties, but I have the ability to fight against the wind and give you a strong momentum." Huo Yingdong joked and said modestly, but the meaning was also expressed. clear.

"A Yu, with your usual style, should you have made a plan?" Bao Yugang asked after laughing.

Xia Yu nodded and said, "A preliminary plan has been made, I'll tell you about it now."

Bao Yugang and Huo Yingdong immediately focused on Xia Yu.

"After I acquired Swire Airlines, there are still more than 200 large and small companies under the Swire consortium, but most of them are unlisted companies."

"In the meantime, I have already promised the Song family that I will help them acquire Swire Industrial Group and Swire Commerce and Trade Group. The equity held by the Song family in other companies other than these two groups that are related will be used for them. As the cost of the acquisition, if there is anything you need, tell me directly at that time.”

"..."

"However, because the stock market crash is coming, it is too uneconomical to acquire the company of the Taikoo consortium at this high or even higher stock price, so the real acquisition is to put it behind the bottom and hunt for the bottom. In the early stage, my plan is to raise the price. ."

"Whether it's a listed company's stock or a non-listed company's stock, they compete with the Shi Yahuai family in all directions, forcing them to spend a lot of money to acquire and increase their holdings. The more money they spend, the more damage they will suffer when the stock market crash occurs. And more!"

"At that time, unless Norman Shi Yahuai wants to bury the entire family, he can only spit out most of the assets. We will seize the opportunity to buy the bottom. We will pick up the valuable and throw away the worthless, and the funds can also be used. to acquire other companies in the market…”

After quietly listening to Xia Yu's story, Bao Yugang and Huo Yingdong understood, Bao Yugang even applauded.

"A Yu, other people don't know that the stock market crash is about to happen. Your plan can definitely collapse the Taikoo Consortium in one fell swoop! Good strategy!"

"If you do it right, it's not a problem to double your assets!"

"It seems that now we have to raise funds with all our strength, the more the better!" Huo Yingdong said with a drink.

In fact, Xia Yu's plan is really simple, but because other people can't guess that there will be a stock market crash, as long as Xia Yu and others keep quiet, the Shi Yahuai family will definitely jump into the pit in order to keep their assets.

At present, the debt ratio of Heung Kong Swire Group is close to 10 billion Hong Kong dollars, and if it is put into the entire British Swire Group, the debt is as high as more than 15 billion Hong Kong dollars.

This is only a group-level liability.

If the Shi Yahuai family wants to deepen their control over the entire consortium, it has to go both ways, allowing each holding group to increase their shareholdings and the family fund to increase their holdings on the other.

If the group increases its holdings, unless it has a large amount of liquidity, it must use the group's assets and equity to mortgage the loan.

And the Shi Yahuai family fund increased its holdings,

It is necessary to use the money of the Shi Yahuai family, or use the equity and assets held by the family fund to mortgage the loan.

In any case, assets and equity must be mortgaged, depending on whether the borrower is a bank or another family or institution.

However, once the company's stock price drops and fluctuates sharply, and the stock price of the pledged stock falls below the market value warning line set by the bank when the loan is signed, the pledger must add additional pledges or deposits. .

This principle is similar to that when investors entrust securities companies to invest in stocks, and the securities companies can forcibly liquidate their positions when investors lose money.

So as long as the Taikoo Consortium and the Shi Yahuai family have more loans, and when the stock market crash comes, unless they can get money or equivalent assets to supplement the pledge, even if they don't want to sell, they can't help it.

"Old Bao, Lao Huo, once we start a fight with the Taikoo consortium, it will be easy for the Hang Seng Index to break through 2,000 points, but when the stock market crashes, I am 90% sure that it will fall below 1,000 points."

"As for when the stock market crash will end, it's hard to say right now. I'll definitely remind you when that happens."

Xia Yu continued.

"Okay, we'll follow your instructions then."

"That's right."

Bao Yugang and Huo Yingdong replied successively.

...

Early the next morning, Bao Yugang and Huo Yingdong held meetings of their subsidiaries one after another to shrink from the company's upper-level strategy and enhance their ability to resist risks.

At the same time, the two of them also urged their various companies to speed up the collection of funds and increase their capital holdings.

In addition to companies, they are trying to find ways to increase the liquidity in their hands.

And this morning, Xia Yu boarded the plane to Star City.

About three and a half hours later, Xia Yu arrived at Changi Airport, which had just opened half a month ago, and then stayed at his own hotel, Mandarin Oriental, Star City.

In the afternoon, Xia Yu took the opportunity to inspect his company in Xingcheng, and after resting until after five o'clock in the evening, after a little preparation, he drove to Qiu's house.

This time, when he came to Star City in person, Xia Yu's goal was Qiu Deba!

To be more specific, it is the 7.8% equity of Taikoo Co., Ltd. held by the Qiu family!

When the team from Jiuding Securities Co., Ltd. came to the door many times to no avail, and the Qiu family received them friendly and did not agree or explicitly refuse, Xia Yu guessed that Qiu Depu should be waiting for him to come to the door in person.

As for Qiu Deba's purpose, Xia Yu couldn't guess, but he might find out tonight.

The agreed time was 6:30 in the evening, and Xia Yu's car arrived at Qiu's house at 6:24, five to ten minutes earlier, which was very suitable.

Facing the arrival of Xia Yu, the most powerful boss in Xiangjiang, the Qiu family gave a grand welcome ceremony.

When Xia Yu's car passed through the big iron gate of the house and came to the main entrance of the inner villa, he saw Qiu Deba, who was in his sixtieth year and with white temples, led a group of children and grandchildren to stand at the door in person. He immediately ordered the car to stop. , let Li Wuming take the carefully prepared gift, and after getting off the bus, he walked towards Qiu Deba in three steps and two steps.

"Mr. Qiu, you are a broken junior. It really makes me feel uneasy to ask your family to welcome me together!"

Xia Yu pretended to be grateful and frightened, shook hands with Qiu Deba, and said quickly.

The first time he met Qiu Deba, Qiu Deba directly gave him such a big gift. Although it showed the enthusiasm and attention of the Qiu family, Xia Yu could not take it for granted.

Otherwise, even though Qiu Deba's face would still be smiling, it is hard to guarantee that Xia Yu would not be a man in his heart.

Furthermore, it is said that people must ask for something under the ceremony. This time, it was obvious that Xia Yu came to the door and asked for something, but now the Qiu family has made such a big battle.

It is said that it is not surprising that there are many rituals. Xia Yu felt that the Qiu family's ritual was too great, but he had no choice.

And after receiving such a big gift, if the Qiu family asks for something, Xia Yu has to think about it.

And what Xia Yu asked for could not let the Qiu family suffer.

"Haha, Mr. Xia is too modest. Who doesn't know that you are the God of Wealth, or even a legend among my Chinese. I have admired you for a long time, but I have never seen you."

"Mr. Xia's ability to come to my Qiu family this time is actually the last big happy event for my Qiu family over the years. If not, it would seem that my Qiu family can't count."

Qiu Deba said with a laugh.

Xia Yu shook his head and said with a wry smile: "Mr. Qiu, you are too much for me. You are always recognized as an outstanding banker and the God of Wealth in the eyes of everyone. When you were always in the business world, I was not born yet!"

"This time I came here to learn from your old senior."

Qiu Deba hurriedly waved his hand and said, "Hey, I don't dare to take lessons from it. It's something I can't ask for to discuss each other. We must have a good chat tonight."

"Mr. Xia, please come in!"

"Please come first!"