The news report concluded by emphasizing that Hong Kong Island residents and shareholders should not panic. The foundation of Hongkong Land Group is solid, and this investment is based on a long-term strategic judgment.
The returns from the Shekou Industrial Park are more than enough to support Hongkong Land's future growth. Confidence in Hongkong Land is more valuable than gold. Go for it, do it that way.
Upon hearing this, Gao Qiaohao felt a chill rise from the soles of his feet.
Where are the boss's words a rebuttal?
This is simply adding fuel to the fire!
"Yes, boss, I... I'll contact ATV right away." Gao Qiaohao turned and left the office.
At 7:30 p.m., Asia Television's evening news was broadcast on time.
When the female anchor abruptly and clearly announced Hongkong Land's "clarification statement," all viewers on Hongkong Land in Hong Kong Island were in an uproar.
Whoosh—!
Upon hearing the announcement, the diners sitting around the television in the tea restaurant immediately erupted in uproar.
"He mortgaged 80% of the property? He's really gone mad!"
"Over a billion Hong Kong dollars! And that includes money from DragonTV and ATV! They've even bet all their own money? If something goes wrong, they'll lose everything!"
"A denial? This isn't a denial! It's a self-inflicted wound! It's even worse than what the newspapers are saying!"
"Mainland electrical appliances? Exports? Unreliable! Waiting for their returns? Dream on!"
Someone angrily slammed the newspaper on the table, completely unaware that soup had splashed all over them.
At the entrance of the securities firm, several veteran stock investors who hadn't yet left changed their expressions upon hearing the news coming from the radio next to them.
"It's over...it's all over..."
An elderly man with gray hair clutched a piece of paper covered with Hongkong Land's stock codes and said with alarm, "It's over! Hongkong Land's stock probably won't even hold above 60 yuan... It's bound to crash again when the market opens tomorrow..."
Clearly, this elderly man had invested a considerable amount of money in Hongkong Land Group's stock.
While others were frantically selling off their shares and running away, he maintained his confidence in Landmark Group and Kobayashi Tenmoku, not only refusing to sell a single share but also buying back a considerable amount during each market crash.
But the announcement personally released by Hongkong Land Group has plunged all his hopes into despair.
"Old Zhou, you didn't sell your stake in Jardine Matheson?"
A man next to him asked, his tone tinged with a hint of relief, "I saw things weren't going well a few days ago, so I sold at 92! I lost some money, but it's better than holding on and waiting to die!"
Old Zhou gave a bitter laugh and said, "I thought it would rebound... so I bought two million Hong Kong dollars worth of goods at around 70 yuan, but who knew..."
"Still hoping for a rebound? Kobayashi Tenmoku himself has said he's bet everything on the mainland! There's no hope! Tomorrow when the market opens, just place a sell order at NT$55, and we'll get back whatever we can!"
In an office building in Central, young financial professionals who had just finished working overtime crowded around the elevator entrance, discussing the situation.
"Has Mr. Lin gone too far this time? He's even mortgaged the foundation of his company, Jardine Matheson?"
"Shekou? Mainland China? Even if there are orders, can the profits support such a large investment? How long will the payback period be?"
"The key issue is the collapse of confidence! His statement is tantamount to telling everyone that Hongkong Land's cash flow is almost exhausted, and they're entirely reliant on electrical appliance exports from mainland China to stay afloat. What if something goes wrong on the mainland..."
"When the market opens tomorrow, Hongkong Land will definitely plummet again, and there will be no way to escape. Those who hold the shares are doomed."
"Fortunately, our department had already cleared out its inventory. We escaped a disaster."
"They have an excessive gambling addiction...it's like they're treating a listed company like a private casino."
In a bar, under dim lighting.
Wow! That's amazing! Kobayashi Tenno is really bold and ruthless!
"What good is being ruthless? It's just stupid! Gambling your entire fortune on the mainland? Don't you have enough money?"
"Guess what Jardine Matheson and HSBC think? Newman is definitely laughing his head off!"
"HSBC? HSBC is probably getting impatient! They lent Kobayashi Tenmoku a huge amount of money! The collateral was Jardine Matheson stock, and now that it's fallen this much, is that enough to cover their margin calls?"
"Hehe, this is going to be good! An earthquake is about to strike in Hong Kong's financial sector!"
The clinking of glasses and gloating laughter mingled with the jazz music.
That night, countless Hong Kong Island residents were disturbed by this news.
Some were relieved that they had already gotten out of the situation, some cursed Kobayashi Tenno as crazy and brainless, and others were so worried about their deeply trapped stocks that they couldn't sleep at night.
I wonder how many people are waiting to see Kobayashi Tenno make a fool of himself? They think that Kobayashi Tenno is definitely going to suffer a major setback this time, or even go bankrupt and be nailed to the ground, with no chance of making a comeback.
The once-golden brand of Hongkong Land Group is crumbling bit by bit in the hearts of countless people, accompanied by television news reports.
Meanwhile, in the mansion of Jardine Matheson's taipan, Newbikin, in Mid-Levels.
On the television screen, the news anchor from Asia News had just finished her report.
Niu Bijian, however, was so excited that he suddenly jumped up from the sofa, his face filled with uncontrollable elation, and he even swung his fist fiercely into the air.
"Yes! Haha! Kobayashi Tenno! You idiot! Arrogant and conceited! This time you dug your own grave and jumped right in!"
He paced back and forth excitedly on the carpet, his face flushed with excitement.
Just yesterday, he finally sold off his last batch of Hongkong Land shares at an average price of HK$63 per share.
Although it's still a huge loss compared to the previous price, it's a far cry from the current dire situation where it's about to fall below 60. He can be said to have escaped death!
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
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