svetikya Page 84
Page 84
"That's right."
“Call Ni Yongjun right now and tell him to return the 40 billion yuan payment immediately.”
"Moreover, HSBC does not accept any collateral from Ni Yongjun."
Upon hearing this, Audrey Swire excitedly gave the order to Sir Michael Sandberg.
"it is good."
Upon hearing this, Shen Bi had no choice but to carry it out.
"Ni Sheng".
"HSBC has now decided to stop your payment of 40 billion yuan and, according to the rules, require you to repay the loan within seven days."
"Otherwise, if you don't repay on time, we will directly auction off your 51% stake in Hysan Development, which you have as collateral."
"If the auction price does not reach 40 billion, HSBC will sue you."
Shen Bi dialed Ni Yongjun's number and then spoke directly to him.
“Ms. Shen, HSBC’s unauthorized suspension of payments is a violation of regulations.”
“I will sue HSBC, and they will have to compensate me for my losses.”
Ni Yongjun's calm voice came from the other end of the phone.
“Ni Yongjun, then go ahead and sue.”
"A decline in the value of collateral is one of the reasons why banks prepay loans."
"We'll see how the court rules then."
After hearing what Ni Yongjun said, Shen Bi finished reciting his prepared remarks and hung up the phone.
"Shen Daban, very good."
"From today onwards, HSBC will not accept any collateral from Ni Yongjun."
Audrey Swire said to Sir Michael Sandberg with satisfaction.
After giving a few more instructions, Audrey Swire left Sir Michael Sandberg's office with her assistant.
After Sambi saw Audrey Swire leave.
He quickly picked up his phone and called Ni Yongjun.
"Hey, Mr. Ni."
“Audrey just forced me to call you and pressure you to return the goods early.”
"I'm just an employee; I can't make my own decisions."
As soon as the call was connected, Shen Bi quickly explained.
"I see."
"But I will definitely take HSBC to court."
"HSBC will have to compensate me for my losses in the end."
Ni Yongjun's calm voice came from the other end of the phone.
"By the way, Mr. Ni."
“Before I made the call, Audrey checked your bank account information.”
"He also asked a very strange question."
At this moment, Shen Bi remembered the strange thing that had just happened, so he spoke directly to Ni Yongjun.
"Oh?"
"What strange question?"
Ni Yongjun's curious voice came from the other end of the phone.
"Did he mortgage his 35% stake in Hong Kong Island Lighting?"
"Mr. Ni, have you recently acquired Hong Kong Island Electric?"
After Shen Bi repeated that strange question, he asked curiously.
"Ah."
"This information is very important."
"Call me immediately if you have any information, and I won't treat you badly afterwards."
Ni Yongjun did not answer; instead, he spoke directly to Shen Bi.
"Don't worry, Mr. Ni."
"I'll call you as soon as I get any information."
Upon hearing this, Shen Bi breathed a sigh of relief and then made a promise to Ni Yongjun.
After hearing Shen Bi's promise, Ni Yongjun exchanged a few more polite words and then put down his phone.
Then he dialed his fourth uncle's number.
"Hey, Fourth Uncle."
“Someone discovered that we acquired a 35% stake in Hong Kong Island Electric.”
"So the account needs to be changed."
As soon as Ni Yongjun dialed the number, he spoke to his fourth uncle.
"Okay, I understand, Mr. Ni."
"I'll switch to a new batch of securities accounts right now."
Upon hearing this, his fourth uncle immediately replied.
...
The next afternoon, at the Mandarin Oriental Hotel.
Audrey Swire and her assistant are studying Ni Yongjun's information.
“Ms. Audrey, there has been no activity in Ni Yongjun’s securities accounts that acquired Swire Group today.”
"It seems that Ni Yongjun only has about a billion yuan in funds."
The assistant said to Audrey while looking at the documents.
"Did he reduce his holdings?"
Audrey Schweitzer looked up and asked while looking at the documents.
"No."
"Is it possible that he'll find another way to repay HSBC the 40 billion?"
After hearing Audrey's question, the assistant thought for a moment before answering.
“Then I’ll call Zaster, the chairman of Hong Kong Island Electric Company, directly.”
"Let him release negative news to drive down the share price of Hong Kong Island Lighting."
"Even if Ni Yongjun wanted to reduce his holdings and get money to repay the goods, he would have to lose half of his shares."
Upon hearing this, Audrey Swire's eyes lit up and she immediately spoke to her assistant.
"good idea."
"Just tell him that Ni Yongjun has acquired a 35% stake in Hong Kong Island Electric."
"There is also news that Ni Yongjun was asked by HSBC to repay 40 billion yuan in loans in advance."
"This will allow Zast to release a major negative message."
087 "At that time, the share price of Hong Kong Island Electric will drop by half."
When the assistant heard Audrey say that, he immediately added.
"So, Ni Yongjun's Hong Kong Island Electric shares, valued at 15 billion, have suddenly become 700 million?"
Upon hearing this, Audrey Swire's eyes lit up, and she immediately spoke.
"Yes."
Upon hearing this, the assistant nodded in agreement.
Upon hearing this, Audrey Swire immediately called Zaster, the chairman of the Hong Kong Island Electric Company.
He told Zaster all this news about Ni Yongjun.
"Don't worry, Ms. Audrey, I'll make Hong Kong Island's lights go out tomorrow."
Upon hearing this, Zaster angrily addressed Audrey Swire.
"Then we'll see how Mr. Zaster performs tomorrow."
Audrey Swire said with a grin.
...
The market opened the next day.
The share price of Hong Kong Island Electric plummeted.
Hong Kong Island Electric, which was originally priced at HK$4.2 per share, has dropped to HK$2 per share.
This completely terrified Hong Kong stock market investors.
They all inquired about news regarding electric lights on Hong Kong Island.
Upon inspection, it was discovered that Hong Kong Island Electric was involved in falsifying its annual report.
Not only did they fail to make a profit, they also incurred losses of over a billion yuan.
Upon seeing this, shareholders of Hong Kong Island Electric Holdings Limited sold off their shares again.
Hong Kong Island electric lights have fallen from HK$2 to HK$1 again.
...
Just then, Ni Yongjun's phone rang.
"Mr. Ni, the acquisition is successful."
"Multiple hidden accounts collectively hold 51% of the shares in Hong Kong Island Electric."
"And the cost price is only 2 yuan."
My fourth uncle's smug voice came from the other end of the phone.
"The cost is so low?"
Upon hearing about such a low cost, Ni Yongjun asked in surprise.
"Because there was negative news about Hong Kong Island Electric this morning."
“I sold my 35% stake in Hong Kong Island Lighting for HK$3.”
"Then I bought a lot of Hong Kong Island Electric lights when they dropped to HK$1."
"So the cost price is only 2 yuan."
Fourth Uncle explained to Ni Yongjun with a smug look on his face.
Chapter 98 Ni Yongjun cuts his losses and leaves?
Ni Yongjun was stunned when he heard his fourth uncle say that.
They actually acquired Hong Kong Island Lighting for only HK$11 billion.
This time, we have to thank Hong Kong Electric for releasing such a significant negative news at this crucial moment.
It immediately drove the stock price down from 4.2 yuan to 2 yuan.
Then even 2 yuan couldn't hold up, and it was immediately dumped by panic selling, dropping to 1 yuan.
That's why the highly skilled Fourth Uncle managed to snag a bargain.