C1222 Stock Disaster(part I)

The He Huang Group had been operating on Hong Kong Island for many years, and it was expanding at a rapid pace. It had covered almost every aspect of the people's life on Hong Kong Island, and many of its businesses had even spread to the rest of the world, forming a large scale.

The expansion of business and the rapid development of the company not only brought about the rapid increase of the Li Family's wealth, but also brought about the trust the people of Hong Kong Island had for He Huang Group. And this kind of trust, the most obvious way to express it, was to hold a large amount of shares in the He Huang Group.

All these years, Li Jia Cheng's efforts, the Li Family's expansion, as long as they held shares of the He Huang Group, all these people received a considerable dividend. It was also for this reason that many people chose to treat the stocks of the He Huang Group as a coffin, as a wedding gift, or as a pension fund. There were very few people who sold stocks on the market normally.

But no matter who it was, they never would have thought that such a huge change would happen to the Li family at this very day. The Li family was a rich and heartless family that relied on bullying others to put the entire group in a crisis of trust. Li Jiacheng was also given a medical notice from the hospital. It was unknown whether he was dead or alive.

These two pieces of information were akin to a calamity to the Huang Group, and to these people, it was similar to a death knell. They didn't dare to imagine how difficult their lives would be if the shares of the Yellow Group fell …

Although there was still an hour before the Hong Kong stock exchange's opening, the hall was already packed and there were still a large number of people gathering here. Everyone stared at the big LCD screen in panic, anxiously waiting for the opening time. They didn't know if Huang Group would choose to stop trading in stocks or continue to open a market.

However, they were clear that even if they temporarily stopped trading with the Huang Group, they would only be able to hold on for a short period of time. As long as the crisis of trust and the matter of Li Jiacheng's illness were not resolved, as long as the market opened, the shares of Huang Group would fall to the bottom.

Time ticked on. An hour passed by, an unprecedented amount of time for these people who were unable to control their nervousness. But in the end, the opening hours of the market still came. To their relief, instead of suspending trading, Hutchison chose to continue to allow trading in companies on the Hong Kong stock exchange.

This move surprised all the shareholders in the Hong Kong stock exchange. They did not understand whether it was because the He Huang Group was confident in themselves, or because they wanted to gamble everything they had on the patience of those who bought shares in the Huang Group.

However, this doubt did not last for long. They were shocked to the point that they could not make a single sound from the display screen of the Hong Kong stock exchange.

Along the way, the green line plummeted down like a waterfall three thousand feet straight down.

The shares of He Huang Group had usually been priced at over HK $100, but today, they had fallen to the low of HK $70 at the very beginning. Furthermore, based on the current situation, it wouldn't be long before they completely fell off the cliff.

Not only that, as the shares of He Huang Group fell, the stocks of other companies on Hong Kong Island also began to turn completely green. Although their losses were not as frightening as that of the Huang Group, every time they fell, they would become like dull knives, stabbing into the hearts of the people of the Hong Kong stock exchange, taking away almost all of their strength and flesh.

A disaster! Is Hong Kong Island about to welcome a new stock market disaster? Looking at the large market, which did not have a single red dot in it, the people in the Hong Kong stock exchange felt a sense of crisis. The older citizens couldn't help but think about the disastrous events that had happened on Hong Kong Island. It seemed that at this moment, they had returned to those chaotic years once again …

Since the opening of the Hong Kong stock exchange, the island has experienced quite a few stock disasters. The earliest was in late 1972 and early 1973, when the HKEx was just established. Due to the lack of supervision by HKEx at that time, a large number of companies opened their markets and took advantage of the market to list. The most famous of these was a company that installed television antennas for the inhabitants of Hong Kong.

In this situation, countless people joked that even an antenna company could be listed on the stock market, which meant that they would probably be able to hustle their way into the stock market as well. This was a true example of the madness of the Hong Kong stock exchange market at that time. After 1973, the market was as crazy as ever, and the overall trend had directly soared to 1,700, doubling in just three months.

In order to cool down the market, the Hong Kong government even sent firemen to prevent shareholders from entering the Hong Kong stock exchange in the name of fire protection regulations. That was the joke that was widely known at the time as' firemen fighting fire at the Hong Kong stock exchange '.

However, without the interference of real money and silver, the policy regulation of the Hong Kong government could not affect the market at all. Under the fanatical praise of those short winners, countless typical legends about how people suddenly became rich overnight began springing up in the market, such as' Hong Kong government officials resign and enter the market full-time ',' fish wings to fish for food ',' abalone pot of porridge ',' US dollar bills to light up cigarettes', and so on.

But after all, the stock market was just a game of numbers. When all sorts of rumors spread, the people of Hong Kong entered the market one after another. Coupled with some regulations from the Hong Kong government, most of the shares in the shell companies were frozen.

But even so, due to the lack of knowledge on the part of the residents of Hong Kong, they ended up in the hands of the financial crocodiles. When the Hong Kong stock exchange came to an end, the stocks held by countless people had all been turned into scrap paper. The hard-earned money that they had painstakingly accumulated over the years had all vanished into thin air. For a time, countless tragedies broke out, and countless lives were lost.

The Hong Kong stock exchange's biggest stock crash came when the island returned in 1997. The return of the island was seen by many international speculators as an excellent opportunity for windfall profits. Several large funds around the world began secretly buying shares in Hong Kong.

Since 1996, the Hang Seng Index of Hong Kong Island has been rising, breaking new highs again and again. At that time, the Chinese authorities had given a very severe warning about this and told the Hong Kong government: the government will not support the city and cannot support the city!

However, the worry of the upper echelons of China did not reduce the enthusiasm of the Hong Kong citizens for the trading of stocks, especially with the hype from the major international financial funds. The Hong Kong share price had already risen to the sky, and under this temptation, there were few who would withdraw from the market.

By the first half of 1997, the Hang Seng had reached its highest level, reaching a record high of 16,000. But as the return approaches, Soros, the biggest financial oligarch, unites several fund companies and begins to move towards a higher level of shipments.

June 28th! This was an unforgettable day for the people of Hong Kong. Before this, the Hang Seng Index had been suppressed to below 10,000 points under the command of Soros and his men. At this moment, the citizens of Hong Kong were in deep sorrow. But on the morning of the 28th, when the Hong Kong stock exchange opened, Soros and other financial oligarchs began to release their shares in a frenzy, oppressing the Hang Seng index.

In just a few short hours, the Everlasting Finger had been pressured to a point that could cause one's heart to palpitate. At that time, the Hong Kong stock exchange was in a state of panic, with countless people in a state of panic.

The sudden crash has hurt Hong Kong Island's stock market and has had a huge impact on people's livelihoods on the island. Before the return, countless people were optimistic about the housing market on Hong Kong Island. In just a few months, the price of housing had soared several times.

Following the impact of the stock crash, many people who were involved in the housing market, under the impact of the stock crash, became unable to bear the interest on the bank loans and started to sell their homes. With the mass fall out of the property market, house prices also began to follow the appearance of diving, to the island's economy and people's lives have been a huge blow.

Just when countless people thought that they would fall into a crisis, where they would never be able to get out of it, all of them would fall into disaster. There were even some who were dispirited and prepared to commit suicide by jumping from a building. The upper echelons of China finally changed their patient attitude and brazenly took action. They took out their foreign exchange reserves and began to rescue the market. After more than ten consecutive days of interference, they finally succeeded.

Although the international hype had suffered heavy losses and the return of the Hong Kong government to the market had been a huge success, the citizens in the stock market had suffered heavy losses and many people had lost all their wealth. The stocks that he had bought with a high price were not far from here, although they weren't at the level of scrap paper. Because of this, there were even a lot of people who withdrew from the stock market, refusing to take even half a step into the Hong Kong stock exchange.

After so many years of returning, under the control of China's upper echelons and with the Hong Kong island's situation becoming clearer, the stock market gradually became peaceful. The people who were initially watching from the sidelines then re-entered the stock market. However, with lingering fear in their hearts, they still chose to hold the more stable shares as the coffin book, and the Huang Group as the first choice. Who would have thought that such a great change would happen?

Looking at the endless crowds in the hall of the Hong Kong stock exchange, as well as the countless people waving the documents in their hands, crazily shouting as if they wanted to cut down their own flesh, as well as the numerous green lines covering the screen, Sun Rongyi's expression was extremely cold as the corner of his mouth curled up into a cold smile.

After getting the news from Nangong Zheng in the morning, he had the Sun family spread the shares of He Huang Group, which they had bought over the years, and sent their henchmen to spread the negative news about the Lee family in the Hong Kong stock exchange.

This kind of crazy situation was exactly what he wanted to see the most. The more miserably the Li Family's shares were dragged out, the more collapsed they were, the more he would be able to get the Huang Group into his pocket at the lowest value. Once he had the help of the powerful Huang Group, the black money he had collected over the years could be washed clean and clear. From then on, he would be full of himself.

"These people are really crazy …" Xie Zhihui, who was beside Sun Runyi, looked out the window at the crazy people outside the window through the glass window. Xie Zhihui, who was beside Sun Runyi, looked out through the glass window at the crazy people outside the window.

"If God wants people to perish, he will make them crazy first. "These people are so crazy right now, they shouldn't be too far away from the destruction of the Huang Group …" Sun Runyi smiled and pulled over Xie Zhihui's soft hand. After rubbing it for a while, his heart suddenly burst into flames. He slowly pulled her out of the fire and stuffed her into his lower abdomen.