v3 Chapter 1052： HSBC's sale of assets

At the time of the press conference, the stock market had already opened, and the stock prices of the Swire Group's first-line companies and the three listed companies under the Carrian Group had naturally plummeted.

At the same time, Norman Shiyahuai, who was rescued in the Sanatorium and Hospital, finally woke up and saw many of his children, including his eldest son Corey Shiyahuai who had flown urgently from England.

"Father, how are you feeling now?"

After driving out the others including his brothers and sisters according to his father's instructions, Corey Shiyahuai grabbed his father's hand and asked with concern.

"I won't see God yet."

Norman Shi Yahuai said softly, and then asked about the company.

"Corey, how is the company now? Have HSBC and other banks been here?"

The situation is of course very bad. Corey Shiyahuai was afraid that his father would not be able to withstand the shock and another accident would happen, but he would not be the master without letting his father know.

Corey Shiya smiled reluctantly, and didn't know what to say after opening his mouth several times.

Norman Shiya's heart sank, and he tried to sit up with his strength, shocking Corey Shiya.

"Father, lie down, don't sit up."

"Help me up!"

Norman Shi Yahuai raised the volume and said unquestionably.

Corey Shiyahuai had no choice but to carefully support his father and give him protective measures.

"Let's talk, what's the situation now, don't hide from me, I can bear it."

With that, Norman Shi Yahuai stared at his eldest son coldly.

Corey Shiyahuai sighed, did not dare to lie, and truthfully explained what happened when his father was in a coma.

"Father, after you fainted, our company's stock price plummeted. Not only did it fall below the cordon of pledged loans, but the market value of Swire Group even fell below HK$3 billion yesterday afternoon."

"HSBC, Hang Seng Bank, Bank of East Asia, Citibank and other banks that have loan business with us have all sent us warning notices or face-to-face notices, asking us to make up the security deposit or collateral within 24 hours, otherwise we will The mortgaged assets are handled by them."

"If we do not respond for more than twenty-four hours, they will force emergency measures to be initiated, tacitly give up the replenishment of margin and collateral, and will exercise the mortgage rights and dispose of the mortgaged assets by themselves."

"Because you have been in a coma, and we really can't take out the funds and excess collateral now, so I haven't given those banks a reply.

"Now there are only less than two hours left to the time given by the earliest HSBC."

Norman Shi Yahuai listened blankly, as if what his son said had nothing to do with him.

In fact, if you don't care, it must be false.

But after this coma, he also understood and prepared for the worst.

He had thought of all the methods he could think of before, and had tried his best. Now that the situation is out of control, then all he can do is accept.

To put it bluntly, his ambitions were wiped out under this blow. The only thought in his mind now is to preserve as many assets as possible for the family.

"Let the bank exercise the mortgage right on its own. Don't let those mortgaged assets."

Hearing what his father said, Corey Shiyahuai was taken aback and found that he was not joking.

However, banks are not easy to bully. Losing assets does not mean that they can get rid of all responsibilities.

After a moment of silence, Corey Shiyahuai nodded and said softly: "Father, according to the current situation, after the bank auctions off the mortgaged assets, it is very likely to repay the debt. We don't know if the remaining assets of our family are enough to pay off... "

Faced with this extremely real problem, Norman Shi Yahuai was silent.

The mortgaged assets will be handled by the bank itself. Generally, the bank will definitely want to sell as high as possible, but if some banks insist on cheating, they can sell the mortgaged assets at a low price, and they still need them for the remaining debt after the deduction. To repay.

If their family refuses to repay, then the bank can sue them and apply to the court for enforcement. If there are really no other assets, the bank will blacklist them, which is very troublesome.

But he can't interfere with the bank's exercise of mortgage rights. How to deal with it is the bank's own business. The only thing he can do is to beg for mercy.

"Hey……"

Norman Shiyahuai sighed and said to his elder son: "Let’s notify the bank first. The rest can only be decided according to the situation."

Corey Shiya nodded silently and said in a low voice, "Okay."

...

There are two flowers and one branch each.

Just after the press conference was over, Xia Yu called Liu Tianci and Wang Qi to his office again.

Looking at the two sitting in distress, Xia Yu smiled slightly and said directly: "I went to MacLehose’s house last night and talked to him about some things. I promised him except for some small banks that had been deeply involved with the Carrian Group. Unless it is allowed to go bankrupt, it will not let banks above the medium-sized bank go bankrupt."

"In addition, it also involves the merger of the four major stock exchanges."

"MacLehose promised me that he would adjust the founding committee of the United Stock Exchange and let me recommend someone to him."

"Not surprisingly, MacLehose will replace the current committee chairman."

Wang Qi and Liu Tianci's eyes lit up, looking forward to what Xia Yu said.

Xia Yu's gaze swept over Wang Qi, and then, in his lost gaze, fixed on Liu Tianci: "God, I will put you in the chair of the committee, and you will be in charge of the merger of the four institutes. How to do it? , I will tell you then."

"Ok!"

Liu Tianci nodded in response.

Xia Yu looked at Wang Qi again and said with a smile: "Wang Qi Don’t lose yourself. I will promote you to the position of vice chairman of the committee. You are mainly responsible for acquiring equity in the four exchanges. Only when all four exchanges become major shareholders can the merger be pushed forward."

"Now that the stock market crash has broken out, there is no doubt that the stock market will be sluggish in the next few years, and many shareholders and other companies of the four exchanges have also suffered heavy losses. Now is the most suitable time to take over the stock of the exchange."

"After the merger of the four institutes is on the right track, I have more important things for you to do."

Wang Qi was overjoyed, nodded, and replied loudly: "Yes!"

Xia Yu nodded slightly, and then asked the two of them, "Do you have any questions?"

Liu Tianci and Wang Qi shook their heads.

"That way, after you go back, you will perform your duties and act according to the original plan."

"Yes!"

...

Corey Shiyahuai’s first reply was HSBC. After Lin Changlong reported to Shen Bi, Shen Bi was not surprised. He knew that Shi Yahuai’s family was exhausted, and he could not provide any money or other assets to make up the mortgage.

Seeing that the mortgaged assets will continue to shrink, Shen Bi did not hesitate to let Lin Changlong release the list of assets that Shi Yahuai used to mortgage, and stated that it would be transferred. Interested parties are welcome to consult and take over.

The information revealed by this news is too large, and it is true that the Swire Group and the Shi Yahuai family have run out of funds and are already insolvent!

The stock prices of Swire Group and other companies plummeted again, and the decline of the entire Hong Kong stock market rose again.

After hearing Wang Qi's report, Xia Yu immediately gave instructions to Wang Qi to stay on hold for the time being, and pay close attention to who was interested in these assets.

Let the assets shrink for a while, then the price will be lower.

ps: The second one is sent, ask for a monthly ticket for recommendation!