Reborn in America: Starting as a California Resident
Chapter 97 A single action can have far-reaching consequences
The next morning, as many office workers set off for work, they were surprised to find a crowd gathered and discussing the matter when they passed the newsstand.
From time to time, words such as "Chinese Cheung Kong Holdings", "Li Huangtai family" and "assassin" were heard from the crowd, which immediately attracted their attention.
They stopped and tried to squeeze into the crowd to find out what had happened.
With just a glance at the newspapers in the newsstand, they discovered that whether it was finance, entertainment, or current affairs, the headlines of all the major newspapers were about the same thing:
A mysterious assassin has appeared in Hong Kong, threatening the Li Huangtai family with annihilation?
The fate of Chinese business tycoon Li Huangtai remains uncertain!
Cheung Kong Holdings' prospects are worrying; market volatility is imminent; investors should be prepared for the worst!
The Cost of Confronting British Capital: Could Even Li Huangtai Escape the Failure?
……
Similar scenes were playing out at newsstands in Hong Kong and Macau almost simultaneously.
As the news spread rapidly, information about Cheung Kong Holdings quickly swept through Hong Kong and Macau, and then spread rapidly to Southeast Asia and island provinces.
Many readers were shocked after reading the report and immediately felt a sense of urgency, so they put down their work and rushed to various stock exchanges.
As shareholders of Cheung Kong Holdings and its affiliates, they cannot help but feel worried about this news.
Although a company's condition and future development potential are usually affected by a variety of factors.
However, now that Li Huangtai, a key figure at Cheung Kong Holdings, has been assassinated, short-term turmoil at the company's top management is inevitable.
If even the top management is unstable, how can the company develop steadily?
Some have speculated that Cheung Kong Holdings' recent fierce bidding war with Hutchison Whampoa for shares might be orchestrated by...
Will British capital take this opportunity to launch a full-scale attack on the entire Chinese-owned sector?
After all, in recent years, Chinese capital has posed an increasing threat to British capital.
If we don't seize this opportunity to launch a large-scale suppression, when will we?
Such speculation spread rapidly among the people, filling them with uncertainty and anxiety about the future.
In the blink of an eye, almost all Hong Kong media outlets focused on the situation of Cheung Kong Holdings and even the entire Chinese-owned enterprises, and the explosive development of public opinion led to a rapid formation of market panic.
Some astute individuals speculate that this may be a signal that a powerful entity is beginning to crack down on Chinese-funded forces.
Beset by internal and external troubles, Cheung Kong Holdings is facing an extremely severe situation. For small investors who cannot control the overall situation, if they cannot withdraw in time, they may become victims of this storm.
It's already rare for retail investors to fight against major players, but with the current high-level major players joining forces, reversing the situation is even more difficult.
As the stock market opened, the four major exchanges were packed with people, all nervously watching the market.
"It's fallen! It's fallen!"
And it was a sharp drop!
"Even the overall market is falling, especially companies under Li Huangtai's umbrella, all of which are declining, with Qingzhou Yingni's drop exceeding 10%!"
……
Faced with a screen full of red numbers, the exchange immediately descended into chaos.
Screams, gasps, and sobs mingled together as many people became emotional due to the severe losses.
"We've suffered a huge loss! Li Huangtai really screwed us over this time. We have to get out of here right now!"
"Sell them quickly! I bought these stocks on loan; if I get stuck with them, I'm doomed!"
Investors holding shares in Cheung Kong Holdings and related Chinese-owned companies sold off their shares, further exacerbating the downward trend in stock prices.
Henry also issued instructions in Los Angeles, ordering the science fiction arcade to secretly raise funds and find a suitable opportunity to purchase shares in major Chinese-owned enterprises in Hong Kong.
--------
At the same time, Mr. Huo Yingdong, a prominent businessman, also arrived at the Bao residence by car.
Also present were many prominent figures from Hong Kong, who gathered together to discuss how to weather this sudden financial storm.
As soon as the gates of the Bao residence opened, wave after wave of visitors filed in.
These business tycoons, who are usually busy with their own businesses, gathered here at this moment, and everyone looked particularly serious, clearly influenced by this morning's news.
As Huo Yingdong stepped into the living room, a soft sigh was heard.
"Li Sheng's situation is a heavy blow to all of us."
Cheung Kong Holdings is one of the important pillars of Chinese capital. If it really collapses, then British capital will definitely seize the opportunity to attack, and the advantages we have worked hard to accumulate over the years will likely vanish into thin air.
"yes!"
Seeing that someone was taking the lead, Shark-Tung, a prominent figure in the Chinese community, added, "We cannot sit idly by and wait for death; we must take action."
Market sentiment must stabilize as soon as possible to prevent a larger-scale panic sell-off.
"That's right, we should unite and issue a statement to express our confidence and support for Cheung Kong Holdings."
"Please rest assured, the media, that TVB will fully cooperate to ensure that positive information is delivered to the public in a timely manner and to reduce unnecessary panic."
"Newspapers need not worry either. Our major newspaper groups will actively follow up to ensure that positive information reaches every corner and dispel public doubts."
......
"I propose that we set up a fund to assist Cheung Kong Holdings and help it recover stability as soon as possible."
After all, they had just gone through a fierce competition with Hutchison Whampoa for shares, making them undoubtedly more vulnerable in the face of this turmoil.
Major Chinese business leaders, including Li Ka-shing and Run Run Shaw, spoke one after another. Although their voices were not loud, they were full of firm determination.
Everyone realized that, faced with such a crisis that could affect the whole situation, they could no longer fight alone.
Only by uniting as one can we minimize our individual losses and avoid triggering more serious consequences.
As the discussion deepened, the atmosphere at the scene gradually became more lively.
That afternoon, a statement of support signed by several Chinese business leaders appeared on prominent pages of major media outlets. The statement indicated that they had jointly raised HK$100 million to lend to Cheung Kong Holdings interest-free, and called on the public to remain calm, expressing their belief that Cheung Kong Holdings and its management could properly handle the current issues.
Upon seeing this joint statement, the Press and Publication Administration, acting as the mouthpiece of British companies, immediately issued a statement, saying that British companies have always adhered to the principle of fair competition and emphasizing that the outcome of the market should be determined by performance and management capabilities, rather than irrational interference or speculation from the outside world.
Observers have noted that British capital appears to have been instructed to secretly adjust its strategy to avoid a full-scale conflict with Chinese capital, choosing instead to consolidate its position in specific sectors.
This has somewhat alleviated the tension in the market;
At least on the surface, both sides showed a certain degree of restraint.
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