Reborn Nobility

Chapter 486 Too busy to take care of yourself

The financial adviser of the Shaw family opened the door of Shao Yifu's office without knocking, walked in hurriedly, tried his best to calm his breath, and said quickly: "Mr. Shao, there is a big abnormality in TVB's stock price."

, Gem TV, Apple Daily, etc.

The media released an independent research-based financial report that was unfavorable to Shaw Brothers, believing that TVB's financial condition was poor and that there was a possibility of inflated profits. Now, there were huge sell orders for TVB's stock on the market. Within an hour, TVB's stock had already

Down 9%."

Shao Yifu, who was talking to Shen Zhixin in the office, immediately stopped talking, looked at the financial consultant in a black suit solemnly, and asked: "Huh? Who is the other person?"

The financial consultant’s eyebrows were tightly knitted behind his gold-rimmed glasses, and he said quickly: “The one who publishes the independent research report is the Satan Fund. But now there is a huge amount of short selling in the market, and I don’t know which fund is responsible for it.

I think there may be many institutional investors acting in unison to do this. Moreover, we do not rule out the possibility of small and medium-sized retail investors following suit."

"Go and check immediately. Who are these short sellers?"

"Yes." The financial advisor nodded, wiped the cold sweat from his head, and walked out quickly.

Short TVB?

The purpose of short selling is very diverse, it can be simple arbitrage, or it can be combined with malicious mergers and acquisitions.

If it's a simple arbitrage, it's easy to deal with. What if it's a hostile merger?

...That would be troublesome. Thinking of this, Shao Yifu's brows knitted together tightly.

The Hong Kong stock market has been in chaos these past few days. First, Shen Bank’s stock was knocked down by Tianliang’s short list, and now it’s the turn of its most important industry to be attacked?

TVB is the most important property of the Shaw family, and its value far exceeds that of Shaw Brothers Film Company and properties in Singapore.

The Shao family's shares in TVB are not absolute control, only 32% of the equity. If a capital tycoon really tries to acquire it, it only needs to acquire 33 points of equity to reorganize the board of directors.

"Nephew, please wait for a moment. You just heard that TVB may be subject to a hostile takeover. I will go find out who did it first and then come back to talk to you about your family's affairs." Shao Yifu had no intention of continuing the conversation.

, TVB’s equity is very important to him. Without TVB’s right to speak, the Shao family’s influence in Hong Kong will drop by at least 20%.

He can no longer sit here and calmly think about the Shen family's affairs. He must rush to the trading market immediately to check the situation. The futures price of Shen's Bank two days ago taught all Hong Kong tycoons a lesson.

, the raid of financial capital may shake their foundation at any time, especially if there is no preparation at all.

"Uncle!" Shen Zhixin shouted anxiously: "But our bank is facing a crisis now. If the money cannot arrive in time, the Shen family will be doomed. I am willing to pay three points of interest and hope that uncle can save me from the crisis.

.”

"this……"

Shao Yifu was very hesitant. If someone really initiated the acquisition of TVB, he would be short of money. At least 19% of the equity would have to be acquired to ensure the control of TVB. And 19%

Equity will cost at least HK$4 billion.

"Uncle, as long as our Shen family can survive this disaster, we will never forget your help. We don't necessarily need so much money. You can help us as much as you can." Shen Zhixin begged bitterly. .

Shao Yifu stood there and thought for a while, sighed, and then replied: "That's okay, the interest is not necessary, just the normal lending interest, but the capital may not be 500 million, and you can go Take a look at those families, as long as they are willing to help, your family's affairs will not be difficult."

"Then, how much can you loan to me temporarily?" Shen Zhixin has no time to sit here and wait. A second's delay in this matter may be fatal.

Without waiting for Shao Yifu to answer, the door was suddenly pushed open, and the financial consultant who had left not long ago rushed in panting: "Mr. Shao, I found out that the other party is the fund that shorted Shen Bank a few days ago, Satan Fund and Hand of God International Macro Hedge Fund.”

"Satan? Hand of God?" Shao Yifu couldn't care less about Shen Zhixin. These two names gave him a very bad feeling. These two funds had shorted Shen Bank a few days ago and it was said that the profit was as high as several hundred percent.

None of this was important. What was important was that with Shao Yifu's IQ, he quickly deduced that these two funds seemed to be controlled by the young man on TV who was determined to bring down Shen's Bank.

Shao Yifu's expression changed drastically and he turned to look at the TV. The eighteen-year-old boy happened to glance at the camera. His eyes were hidden by his sunglasses, but his face always had a profound indifference.

Is it him? Is it because of the retaliation caused by the statement I asked TVB to issue just now?

Came so fast!

"Have you found anything else?" Shao Yifu's voice actually trembled slightly.

"Mr. Shao, this time is very dangerous. The other party's funds are too large. According to the statistics of the Finance Department, they made this amount in the stock index futures market this morning." The financial consultant shook his four fingers. He couldn't hide the look of horror on his face.

"Four billion?!" Shao Yifu looked shocked. This number was too shocking.

The financial advisor nodded firmly, took a deep breath, and then said: "Yes, Goldman Sachs Hong Kong branch lost 70 million U.S. dollars, Citibank Asia Investment Department lost 150 million U.S. dollars, and JP Morgan Chase lost 5,000 U.S. dollars. Ten thousand, several funds in Hong Kong combined lost more than sixty million, just this morning. Speaking of which, the Shen family must also be blamed. The day before yesterday, the two funds Satan and God's Hand issued huge short orders. , these investment banks all asked the Shen family if they had any huge losses. Unexpectedly, the news they received was that profits for this quarter had increased by 400% year-on-year, so they joined forces to take this large bet, and then You know what’s going on today...With this situation, no one can stop the collapse of Shen Bank’s stock.”

"You mean the other party has 4 billion funds that can be mobilized?" Shao Yifu was stunned for a moment and asked cautiously.

The financial advisor shook his head: "More than 4 billion, at least 5 billion Hong Kong dollars have entered the stock market, and..." He hesitated and said in an uncertain tone: "It is said that they are still mobilizing funds from the European and American markets to enter Hong Kong. , we can’t grasp the exact amount.”

Hiss——

Shao Yifu suddenly felt a toothache. Anyone would get a toothache from such overwhelming funds.

"Then what do you think we should do now?" Shao Yifu secretly clenched his fist and warned himself to calm down.

After all, the financial consultant still has two skills. He thought for a moment and spoke quickly: "When the other party maliciously suppresses TVB stocks, our action should be to enter the market and snap up TVB stocks. This can achieve two goals. First,

First, to give investors confidence, an increase in holdings by major shareholders is usually good news. A rise in stock prices will make short sellers lose their money, scaring them and making them stop attacking. Second, if the stock price rises, small and medium-sized investors will be reluctant to part with it.

Selling will form support for the stock price. The third purpose is to prevent hostile takeovers. We can imagine the other party's strategy. In my opinion, Satan and vulture funds are likely to make profits from short selling on the one hand, and buy at low prices on the other.

Stocks, low-cost hostile mergers and acquisitions. If the stock price rises, it can increase the cost of hostile mergers and acquisitions. In addition, I think you also want to say hello to Huang Zhuo. If someone wants to acquire 10% of his equity, you must not sell it.

, otherwise, the other party can control TVB as long as it buys 23 points of equity in the market."

"Huang Zhuo?" Shao Yifu felt horrified. Wasn't Huang Zhuo the one who joined forces with that boy?

"You should immediately mobilize all the funds to raise the stock price. In addition, help me contact several major banks. I need a short-term loan." Shao Yifu said decisively.

The financial advisor nodded and walked away. There was still more than an hour before the stock market was suspended, and it was time to race against time.

Seeing that they had finished talking, Shen Zhixin took the time to step forward: "Uncle, how much money can you lend us now? Our Shen family can't afford to wait. Just look at the TV..."

Shao Yifu followed his finger and looked at the TV. Xia Xiaoluo's cash transport truck was slowly driving away. There was very little cash in the door of Shen's Bank. At this time, a beautiful girl was holding a passbook and handing it to the staff.

The camera's microphone clearly carried her words to thousands of households: "I'll take 50 million..."

Shao Yifu sighed sadly: "One link after another, this Xia Xiaoluo is not simple! Zhixin, I'm afraid I can't help you. The hands of Satan and God are launching an acquisition of TVB. This fund is probably controlled by him.

of."

The head of the Shao family pointed at Xia Xiaoluo, who was watching coldly on the TV screen, and continued: "Huang Zhuo and he are in the same group. It is no longer your Shen family's business now. They may very well want to take TVB away from me.

Control.”

Shao Yifu didn't mean what he said. He suddenly figured out just now that the reason why Satan and the Hand of God Fund attacked TVB must be related to the fact that not long ago he asked a financial program of TVB to publish favorable remarks that were beneficial to the Shen family.

.

Xia Xiaoluo used this to warn him not to get involved in the grudge between him and the Shen family.

"Zhixin, you should go find the Li family and the Guo family. I have too much time to take care of myself right now." Shao Yifu patted Shen Zhixin on the shoulder and walked out quickly without saying a word. Under the premise that it affected his own interests,

He really doesn't care about the Shen family.

Shen Zhixin took two steps in despair, wanting to catch up and beg a few more words, but finally stopped helplessly. After thinking silently for a moment, he took out his mobile phone: "Father, I am Zhixin. Mr. Shao said he could not help.

We are..."