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Chapter 673 Rich and willful!

There is no problem with Henry Williams' statement. Although the US Securities Exchange Act and Order No. 144 have made clear provisions specifically on the reduction of holdings by major shareholders, there are also exemptions.

It's like ky Investment Fund now holds 7.2% of Boston First National Bank and 6.9% of John Hancock Mutual Life Insurance, both of these two largest institutional shareholders.

According to relevant laws on U.S. securities trading, if a newly-established major shareholder like ky Investment Fund wants to reduce his holdings in his shares, it will take at least two years to save his shares. ky Investment Fund has held shares of these two companies for less than half a year, so if it is in accordance with these regulations, ky Investment Fund cannot reduce its holdings in his shares within two years.

However, the US Federal Securities and Exchange Commission has also designated some special cases for exemption in response to some special circumstances. For example, ky Investment Fund previously held no more than 5% of the shares of these two companies, only more than one percent. Later, the increase in holdings was due to the stock market crash. ky Investment Fund spent huge amounts of money to repurchase stocks in order to save the stock market, which is a behavior of saving and supporting the market. Therefore, the shares increased by ky Investment Fund during the stock market crash can be classified as special exemption exceptions as long as the holding period lasts for more than three months.

Of course, after declaring that the share of the increased holdings is reduced, it should first be sold to internal shareholders. Only after the internal shareholders are unwilling to subscribe to this part of the shares will this part of the shares flow into the circulation market.

In other words, these shares increased in the stock market crash can be restricted without being subject to the provisions of the US Securities Act and Order No. 144, but it is still necessary to report to the Federal Securities and Exchange Commission accordingly, and you must also be anxious to buy internal shareholders first.

It is precisely because of this that Henry Williams dared to publicly declare that he would reduce his holdings in the shares of First National Bank of Boston and John Hancock Mutual Life Insurance Company.

As for whom the huge selling volumes that appeared in the stock market at the beginning, who knows! It must be that most investors are not optimistic about the future of these two companies, so they compete to sell their stocks. That is because you didn’t do well enough and did not bring huge confidence to investors. It is naturally not surprising that investors abandon you.

In fact, not only ordinary investors abandon you, but even I, the largest shareholder, are not optimistic about your future. What are your life opportunities? You deserve to fall so harshly!

The decline of just one day caused the stock prices of these two companies to fall directly to the level of the stock market crash. At this time, even if internal shareholders want to repurchase this part of the stock, they must repurchase according to the share price when the ky investment fund declared the reduction.

In this way, the guys from the Boston Consortium were embarrassed. They really didn't expect that the stock prices of their core companies would fall so badly within this day. Even if they wanted to repurchase this part of the stocks of ky investment funds, they had to repurchase them at the price before the opening today, that is, the repurchase price was 28% higher than the actual stock price.

No one would be such a sucker. Even if the Boston consortium repurchases those circulating stocks at low prices from the circulation market, it still has a huge selling price above its head - the largest shareholder reduced its holdings, which is more negative information than any negative news!

But if the Boston Consortium does not repurchase this part of the shares, then when the time stipulated by the Federal Securities and Exchange Commission arrives, the ky investment fund can completely fight for unprofitable and sell these stocks at market prices. In that case, the Boston Consortium will have even more trouble.

If the market value of Boston First National Bank was 56 billion US dollars before the plunge, the market value of ky investment fund increased its holdings by about 5.8% in the stock market crash was about 3.25 billion US dollars. This is not a small number, and it can definitely directly put the stock price of Boston First National Bank in a state of decline for a long time. This period will last at least three months or even more than half a year. Only after such a long time can the market digest such a large selling price.

Even if the market has digested such a large selling price, it will take another long time for Boston First National Bank to return to its price before the opening today!

It is not impossible if the Boston Consortium and ky investment funds put this part of the stocks into the circulation market and then take over, but it is necessary to avoid the supervision of the Federal Securities and Exchange Commission - Oh, you do not repurchase when others reduce their holdings, and wait for others to put the stocks into the circulation market before repurchasing them. This is a violation!

Of course, the Boston Consortium can find another institution to repurchase these stocks from the market. At worst, the board of directors can change its position as a shareholder. But then again, ky investment funds are obviously trying to get along with the Boston Consortium. At such a sensitive moment, who dares to risk such a big risk to repurchase these stocks?

Everyone knows that ky investment funds can’t afford to offend now. They have a huge amount of capital and are rich and willful. If you dare to buy it, they dare to destroy it. ky investment funds can be broken by losing money. After you buy these stocks, can you afford the loss of hundreds of millions or even more than one billion US dollars?

Therefore, ky investment fund's move is a mastermind! Whoever dares to help the Boston Consortium? Let's first check if there is so much money in your wallet to support your losses!

If you don’t have that capital, don’t get involved in this matter. This matter is a gang between ky investment fund and the Boston consortium. No one can say it’s easy to use!

Isn't your Boston Consortium awesome? Don't you dare to attack our boss? Well, let's go to death! Didn't your Boston Consortium claim to be deeply rooted in the Boston Consortium? My ky Investment Fund is rich and powerful and can kill Franklin!

In fact, the stock market value of these two companies owned by ky investment funds is only a few billion US dollars. There are some institutions in the United States that can solve this part of the stock, but now no one dares to anger ky investment fund. Even the Federal Securities and Exchange Commission dares not over-tribulate ky investment fund.

The ky investment fund now controls a large number of stocks in the 27 core companies in the United States, and also controls stocks of a large number of medium-sized companies. Once the ky investment fund is really forced to make it difficult for them to stop playing, they will start to reduce their holdings all over the world. Then, maybe it will be the second stock market crash.

Who can bear this responsibility?

Not to mention the Republican candidate who currently has an absolute lead in the presidential election, Vice President Bush also publicly stood up and said he would severely punish the mastermind behind the terrorist operations against American Airlines Flight A152. Some members of the House and Senate also stood clearly on the side of Vice President Bush.

At the same time, the Mellon family, Morgan family, Texas consortium, and California consortium also issued statements condemning the unformed terrifying operation. A discerning person can see at a glance that these large families and large consortiums with terrifying financial resources are on the side of ky investment funds in this matter.

Although there is no evidence that the Boston Consortium is the mastermind behind this terrorist incident, does this kind of thing need evidence? Don’t say that this matter was actually caused by you behind the scenes. Even if it’s not you, I will force you to put shit on your head. What do you do to me?

Under such circumstances, who dares to stand up and speak out for the Boston Consortium?

The Boston Consortium is not the Boston Consortium half a century ago. The Boston Consortium is the weakest time since its establishment. Such a good opportunity, it would be strange if the other nine consortiums do not take advantage of the situation!

The Boston Consortium controls a lot of capital, but most of it is real estate. In terms of cash reserves, the ky investment fund can be as far away as the Boston Consortium’s Pacific Ocean.

The most important thing is that ky investment fund has taken a high-profile attack on the Boston Consortium. Those families and consortiums that have long wanted to destroy the Boston Consortium, shouldn't they make good use of ky investment fund's extremely sharp gun?

Citibank, Bank of America, **** Bank, and National Mellon, are the top four banks in the United States. Although Boston No. 1 National Bank is quite awesome, it is much inferior to these four banks. Especially when these four banks have long wanted to swallow the National Bank of Boston No. 1 National Bank, even if they share the National Bank of Boston, it will greatly improve their own strength.

So, when these four major banks join together and start secretly transfusions to ky investment fund, who dares to fight with ky investment fund in front of each other at this time?

It is not like this to seek death!

Although this incident was caused by an unformed air crash, in essence, it is actually a cruel battle between emerging capital and established capital.

As an emerging capital, ky investment fund must completely gain a foothold in the United States, it must kill an old capital and replace it. The Boston consortium, which has become old and has become old, is dying and dying, hitting the gun of the "strong and strong" ky investment fund.

In fact, if it were Yang Jing's plan, ky investment fund should not have exposed its strength too early so early. But the assassination of the Boston Consortium completely angered Yang Jing, so he was ready to use this matter to start attacking.

Fight early is also a fight, and fight late is also a fight. Since this battle is about to be fought sooner or later, let’s take advantage of the Boston Consortium’s lowest point and give them a profound lesson.
Chapter completed!
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