The Son of Finance of the Great Age

Chapter 545: in trouble

  Chapter 545 Troubled

"It turns out that's the case, no wonder they suffered such serious losses!" Jiang Shan's face showed a sudden realization expression, and then he said in admiration, "It's really evil now, whoever gets a subprime mortgage will be unlucky. I have never seen anyone who is an exception!"

  In the past year, companies including HSBC, New Century Financial Corporation, Lehman Brothers and Stanley have been involved in the subprime loan crisis. Among them, HSBC cut off their relevant departments in North America and prepared a large amount of funds as supplementary capital, while New World Financial Corporation directly declared bankruptcy and finished. The other two are well-known large institutions on Wall Street. Although there are many rumors in the market, although their statements are sometimes quite ugly, so far, no one thinks that they will collapse because of this.

  In November, the Federal Reserve cut interest rates again to release market liquidity. This signal added to the confidence of some people.

  But everything is still early!

   "Yes, that's true!" Zhong Shi followed Jiangshan's words and sighed sincerely.

  Just as he finished speaking, he heard a commotion from the trading room, and soon the voice reached Zhong Shi, "It's gone up, it's actually gone up, it's so **** evil, what's going on?"

   "Yeah, could it be that they are traying by themselves? This is unlikely!"

   "Oh my god, did you see that? Even several other similar stocks have turned green. What's going on? Aren't they competing?"

  …

  After hearing these words, Zhong Shi and Jiang Shan looked at each other in a tacit understanding. Both of them took a fancy to the confusion in each other's eyes. After looking at each other, they walked quickly to the trading hall to check what happened.

I saw on the computer screen that Stanley's stock had gone from falling a few minutes ago to soaring rapidly, and within half a minute, it recovered nearly half of the decline. The speed is jaw-dropping.

"What's going on here?" After Zhong Shi manipulated a few keys skillfully, various indicator curves were quickly adjusted out. He squinted his eyes and looked at it for a while, confirming that there was indeed a force rapidly entering Stanley. After the company's stock market, he asked the traders in a deep voice.

  According to any investment logic, if a company suffers such a huge loss, it is impossible for its stock price to rise and soar. But the fact happened before his eyes, and for a while, Zhong Shi couldn't explain this unreasonable phenomenon.

"The news came out that someone injected capital into Stanley Corporation!" Soon a trader discovered the news, and then read it out loud, "Huaxia Investment Co., Ltd. injected 5 billion US dollars into the convertible bonds of Stanley Corporation, These bonds will be exercised in August 2010, and Huaxia Investment Co., Ltd. after conversion will hold no more than 10% of Stanley's common stock."

After finishing speaking, the trader sighed sincerely: "My God, it is the sovereign fund that made the move. It is indeed very heroic and generous. Buying nearly 10% of Stanley's common shares at the current price is a profit no matter how you look at it." Big hair."

According to the current stock price of Stanley, which fluctuates around US$50, the total income in the first three quarters is more than US$28 billion, and the average earnings per share are around US$10. If profits from preferred shares and bond interest are deducted, the price-earnings ratio is 10. Between 20 years and 20 years, this is definitely a very cost-effective long-term investment.

  Naturally, if it weren't for the huge losses within Stanley, and if it wasn't for the good relationship between Stanley and Huaxia Finance's top management, this deal would not have been concluded.

   "Well, they made a good deal!" After listening, Zhong Shi nodded slightly, with a satisfied smile on his face. Although in the past few years, there have been several frictions between Huatou's funds and his funds, but under Zhong Shi's instructions, the two sides have not had any substantive problems. Of course, there will be no cooperation. occur.

  But soon, Zhong Shi realized that something was wrong. How could the people of Stanley Company be willing to hand over such a large amount of shares to others? This is unreasonable! Just as he lowered his head in thought, suddenly the door of the trading hall was forcibly opened from the outside, and a group of people in black suits walked in. Before the traders came back to their senses, these apparently well-trained men in black occupied every corner of the trading hall.

"How is this going?"

   Just as everyone was thinking about it, an elderly white man with silver hair walked in. He is about 1.75 meters tall, his figure is in good shape, and there are not many wrinkles on his face, but his silver hair still betrays his age. When he walked in, everyone realized that this might be the leader, and there was no sound in all directions, everyone was waiting for his opening.

   Seeing this scene, the white-haired man in black nodded in satisfaction, glanced at everyone in a calm manner, and finally his eyes rested on Zhong Shi who looked astonished. After taking two steps slowly, he came to Zhong Shi, held the nameplate on his chest in his hand, and flashed it to everyone, "SEC, my name is Davin Kira, and now I suspect that you are engaged in insider trading , everything here will be taken away as evidence. In addition, Mr. Zhong Shizhong, please come with us too!"

  Intentionally or unintentionally, he lifted his suit, revealing the pistol on his waist. Following his actions, the other men in black lifted their suits in unison, exposing their waists.

   "Are you arresting?" Zhong Shi looked around, his brows furrowed uncontrollably, "For the search, please show your search warrant. In addition, if it is an arrest, I would like to notify my lawyer."

"Of course it's not an arrest, otherwise I'll read Miranda's rights to you!" Davin Kira took out a piece of paper from his pocket and handed it slowly to Zhongshi, "This is a court-approved search warrant. According to The rights granted, everything here must be taken back!"

   Then he made a gentlemanly salute to Zhong Shi, and waved out the door with one hand, "Please, Mr. Zhong. I know you are a big shot, but our SEC is interested in big shots. Well, very interested!"

   "Go find my lawyer!" Zhong Shi ordered Jiang Shan, and then strode out, bowing his head and thinking while walking, what the **** is Stanley company doing?

  He didn't take the trouble in front of him at all.

   Thanks to all book lovers such as Magic Dragon Warrior, Lele Bookworm, Huang Tianlong, panthernd, etc. for voting monthly! Thanks to Xiaoqi for the miracle of civilization! Thank you very much for your support~

  

  

  (end of this chapter)