Three hundred and fiftieth chapters surfaced(2/2)
Cao Mo put a stack of materials on the corner of the table and wanted to put the matter behind him for the time being. Zhou Han walked up behind him, hugged his neck from behind the building, slapped his forehead, and said, "Can you please stop?"
Just give me an advantage when you need something from me?"
"Then I'll tell you honestly, will you agree?" Zhou Han walked up to Cao Mo and said, leaning on the desk.
Zhou Han was wearing a white silk shirt and black slim-fitting trousers. The simple outfit made her slim and slender. Cao Mo couldn't help but put his arms around her waist and said, "Tell me.
Have you come up with another bad idea?"
"Can you use some of your funds now to secretly absorb Taihua Group's stocks in China?" Zhou Han asked.
She has confirmed that an important means for the Lu family to prepare funds is to pledge their shares in the listed company Taihua Group and borrow large amounts of construction funds from major financial institutions.
There is a certain range for financial institutions to accept shareholders of listed companies using their stocks as collateral for loans.
If the stock price falls beyond the lower limit of the pledge ratio, financial institutions have the right to require the borrower to supplement new pledged assets or deposits, or to directly repay the loan.
If shareholders of a listed company have no money to repay and cannot replenish new pledged assets, financial institutions have the right to sell pledged stocks to realize cash to offset corresponding claims.
They are now secretly absorbing the shares of Taihua Group, in order to push the price of Taihua shares at some point in the future to break through the lower limit of the pledge rate of the Lu family for borrowing from financial institutions with shares of listed companies, triggering a larger-scale liquidation.
sell off.
After the domestic stock market historically broke through the peak of 6,300 points in mid-October last year, it ushered in a long adjustment period of seven months. It is currently oscillating back to around 3,500 points. Many people have given up the money they earned in the bull market.
The market value of a considerable part of listed companies has been reduced back to its original shape.
The market value of Taihua Group peaked at 20 billion, but has now fallen back to around 10 billion.
There is currently no mature short-selling mechanism in China. If they want to have direct means to suppress Taihua's stock price at some point in the future, they can only secretly absorb Taihua's shares now.
Cao Mo held his chin and thought for a moment, then said to Zhou Han: "Send a text message to Ge Jun and ask him if he has time for a video call at this time?"
"Do you want to tell Ge Jun all this key information?" Zhou Han asked.
"Taihua Group currently has a market capitalization of 10 billion. To absorb stocks that can hit its stock price at some point in the future, no matter how small it is, it needs 3.5 billion in funds, right?" Cao Mo said, "I
It's not that I care about the possible losses, but the problem is that I really want to use Tianyue's account to absorb Taihua's stocks. Lu Jianchao, how could Lu Jiancheng not notice it? And at a certain moment, we forced too hard, Lu Jianchao,
If Lu Jiancheng has no other choice, will he directly hand over the control of Taihua to Han Shaorong? We don’t want the Lu family to have an easy time, but we must also prevent Han Shaorong from taking advantage of the situation..."
Zhou Han nodded. Looking at the time in China, it was around ten o'clock at night. It was not clear whether Ge Jun could spare the time to discuss this issue with them, so he sent a text message first.
Ge Jun was socializing outside at this time, but he quickly found a quiet place and got on the phone with Cao Mo.
Cao Mo told Ge Jun some information about Sturgeon West and Atlantic Bank, and also mentioned that Zhou Han had just talked about the idea of absorbing stocks first and then hitting Taihua's stock price within a certain period of time, doubling the damage.
.
"I suggest not to take any action for the time being," Ge Jun said after pondering for a long time. "With such a deep adjustment in the domestic stock market, many people have judged that there will be a considerable rebound in the future. However, the crisis caused by U.S. real estate subprime credit
The crisis has not yet shown any signs of easing. Instead, it is getting worse. Now all the major financial outlets in the country are quietly tightening their belts."
Cao Mo glanced at Zhou Han.
As a professional, Ge Jun has judged that the domestic stock market is likely to fall further, which means that if they really want to secretly absorb the share price of Taihua Group, they should not be in a hurry.
Zhou Han spread his hands and waited all these years, so of course he would not be in a hurry.
"I just wanted to talk to you about futures hedging..." Ge Jun said on the other end of the phone.
In order to maintain the stability of operations, Ibogu Mining is so large at the same time. It has long-term cooperation with gold import and export trading companies and conducts spot transactions based on the average futures price of the month.
However, even if the international gold futures price tends to rise in the long term, it will fluctuate up and down in a short period of time. In theory, there is a certain amount of arbitrage space in the futures market through long and short operations, combined with spot trading.
Of course, Song Yuqing, Chen Feng and others do not have such in-depth research on the international economic situation, precious metals and futures trading, and Jiaying is far from being able to do this. Although Yibogu Mining has spot production, which can offset the biggest risks,
It is impossible to accurately capture the trading time, and it is not very meaningful.
Chapter completed!