novelraw Chapter 90 A hungry dog snatches a fat fish at night
Chapter 90 A hungry dog snatches a fat fish at night
On the fifth day of the Lunar New Year, we were filled with joy and excitement.
HSBC announced a "high dividend payout" of HK$3.5 per share and a bonus share issue of 1 for every 5 shares held.
With the same formula and the same taste, HSBC has announced another stock split, dividing one share into ten smaller shares.
The Hong Kong government, not to be outdone, revealed plans to build a subway line. This strong economic stimulus sent the stock market into a frenzy, with the Hang Seng Index instantly breaking through 1300 points.
They were still struggling to suppress it before the Lunar New Year;
The post-Lunar New Year holiday helped the stock market surge.
Such inconsistent attitudes would be noticed by anyone with a modicum of rationality, but unfortunately, the vast majority of stock market investors have already been consumed by their desires.
Chen Guanjiang, who holds HK$3 million worth of stocks, no longer pays attention to the rise and fall of the index, but instead analyzes the net capital flow model of the Foreign Exchange Fund Management Bureau.
Since New Year's Day, 38 days have passed. With the help of the Bank of East Asia, which obtained the Exchange Fund Management Authority's net flow model, the net inflow of foreign capital was estimated to be between HK$50 billion and HK$53 billion.
What does this amount of money mean?
This is equivalent to 22% of Hong Kong's GDP last year;
M2 money supply 9%;
Hong Kong stock market capitalization 15%;
Despite the Hong Kong government's implementation of the "pound sterling exchange standard" to prevent and slow the outflow of foreign capital, it still appears to be leaking like a sieve in the eyes of those with "great insight."
Chen Guanjiang can't control how the Hong Kong government and foreign capital fight each other; he only needs to pay attention to the data feedback model to deduce the flow of funds, so as to ensure that he can escape first.
Know it, know why.
Even if you already know that the stock market will crash next month, or even if you have grasped the triggers for the crash, you still need to know the whole story of the crash in order to learn from it.
"Mr. Chen, we've found it!"
Tang Yufei secretly reported to his superior: "We have obtained evidence of the antenna stock's patent fraud, and the flow of the embezzled funds has been traced back to Standard Chartered Bank."
On February 3, an antenna company issued a share issuance announcement.
The company issued another 1500 million new shares today, which the announcement stated were allocated to strategic investors. Based on a placement price of HK$20 per share, the new share issuance will raise up to HK$3 million.
Normally, the funds would be issued to retail investors, which would be more conducive to concealing the flow of funds and would also be safer.
Clearly, the issuance of 20 million new shares on the 10th of last month caused the share price to plummet from HK$2000 per share.
Now that they've discovered the market can't absorb so many shares, they're allocating them to so-called "strategic investors."
HK$3 million!
Even with ten times leverage, it would still cost HK$3000 million.
Hong Kong wouldn't have the capital to play this game, and those who dare to play this game wouldn't be involved in stocks with high valuations. Only foreign capital without a "shell" company would play this game.
"Notify General Manager Zhou to arrest Chen Dacai tonight." Chen Guanjiang silently plotted how to profit from this incident.
"Tonight? Isn't that too hasty?" Tang Yufei asked with some concern.
The evidence we currently have is sufficient to convict him, and there is no problem in arresting Chen Dacai. However, we need to consider what to do if he does not cooperate.
After all, they only controlled the evidence of the crime and the source of the funds, but they couldn't control where the funds ultimately went. Without getting the guy's money, they couldn't have complete control.
"It's a bit of a stretch, but it's enough."
Pointing to the cash flow model, Chen Guanjiang smiled cruelly and said, "I've found hell for him."
"Understood, boss!" Tang Yufei was immediately startled.
Following the flow model, we can deduce the foreign securities firms.
Morgan Stanley entered the market through HSBC;
Goldman Sachs entered the market through Jardine Fleming Bank;
Nomura Securities is a special fund that has entered the market;
Only the Texas oil consortium, the infamous Hunt family, entered the market through Standard Chartered Bank.
Chen Guanjiang didn't know much about this young family, only that they suddenly rose to prominence in the 50s and owned one of the world's largest oil reserves, the Libya Ril Oil Field.
Because of its short history of rise and its adoption of a family management system, its oil companies refuse to go public or disclose information, so little is known about this family across the ocean.
What truly made this family famous worldwide was the "silver speculation incident" spearheaded by Nelson Hunter.
With his own power, he controls 77% of the world's private silver reserves and has driven the price of silver from $6 per ounce to $50 per ounce, truly living up to the title of "gambler's family".
Unfortunately, the Hunt family's silver speculation in the 70s ended in failure, demonstrating that this young family did not have such a deep foundation.
The Hunt family and the Keswick family share the same problem.
The founder, Haroldson Hunter, is 84 years old this year and has been suffering from chronic illnesses, so it is understandable that his family members are going to great lengths to prove themselves.
Such a large amount of capital is better left stagnant than actively used; the more it is manipulated, the more counterproductive it may be. Investing in antenna stocks is the beginning of a downward spiral.
"Are you kidnappers? Which gang are you from?"
"Did you arrest me for money?"
"Whoever is in charge, come out and see me!"
A former member of the criminal investigation team, he was extremely professional. He kidnapped Chen Dacai at night without alerting anyone, but no one paid any attention to him and let him shout and curse.
"You look very energetic!"
In the makeshift interrogation room, Chen Guanjiang dragged in a chair and looked at the notorious fraudster with great interest.
"Is it you?"
Chen Dacai never expected that the person who kidnapped him would be the recently rising "financial prodigy." He instantly realized that he had been exposed, but he did not panic and said:
"Mr. Chen, your 500 million shares in the antenna stock have already increased 20 times, making you a fortune. You don't need to resort to such underhanded tactics, do you?"
"Ha ha ha ha…"
Chen Guanjiang couldn't help but exclaim, "Looks like you haven't even noticed what happened!"
This is normal. Foreign capital enters the market secretly, and the flow of funds cannot be widely publicized. If Chen Guanjiang did not have control over the net inflow of funds model, he would not have been able to deduce the source of the funds.
When the net capital inflow model was presented to Chen Dacai, Chen Guanjiang saw the bewildered look in his eyes and knew that this guy didn't even know what the Hunter family was.
Helpless, Chen Guanjiang had no choice but to place another document on the table, and Chen Dacai finally realized what kind of person he had provoked.
"What... what is this?"
In an instant, cold sweat beaded on Chen Dacai's forehead, and the documents in his hands felt as heavy as a thousand pounds, causing him to slump into his chair.
As a mudfish in the pond of Hong Kong, Chan Tat-choi did not know the Hunt family, but he did know what an "oil family" was.
Since the beginning of this century, the demand for oil has surged, and both of the world wars revolved around oil.
By 1965, oil consumption had surpassed that of cheap coal and expensive whale oil, officially becoming the world's most in-demand energy source.
The wealth and power of the Hunt family, especially given their involvement in the oil and energy industry and their ownership of such a large oil field in Libya, are unimaginable.
Originally, he only intended to swindle a sucker, but unexpectedly, he swindled an international financial behemoth. Chen Dacai seemed to see his great-grandmother waving to him...