Chapter 568 Hang Seng Bank Enters the Market



Shen Dong said, "This is all I should do. Have you found those valuable antiques, Fu Guang?"

Du Yuxin nodded and said, "Found them. There were twenty-eight items in total, hidden inside a residential building."

Shen Dong gave a thumbs up and said, "Your work efficiency is quite high. President Du, I've acquired so many antiques at once, it would be really embarrassing if I didn't do something to show my appreciation."

At this point, Shen Dong took out a check from the drawer, handed it to Du Yuxin, and said, "This is ten million US dollars. Please give it to the government as my way of thanking you."

Du Yuxin said happily, "Mr. Shen, on behalf of the Inland Government, I thank you for your generosity."

After seeing Du Yuxin off, Shen Dong looked at the three billion US dollar check in his hand and felt a heavy pressure for the first time.

The pressure wasn't about the amount of money, but about the trust the old man and the mainland had in him.

Three other major clubs in mainland China made the same choice.

They abandoned the battle for control of Hang Seng Bank and sold all their shares while the stock price was high enough.

That idiot Philip Barker accepted everything without question, allowing the three families to rake in a staggering $1.6 billion.

After receiving the money, the three families each assembled an excellent trading team and then partnered with a reputable international securities firm.

Li Ka-shing is known for his immense wealth, having contributed three billion US dollars, demonstrating a do-or-die attitude.

Li Zhaoshan and Guo Shengli were slightly less successful, but they each invested two billion US dollars.

However, like the Huo family, all three families were very conservative and only used three times the leverage.

Shen Dong is different.

Because of the enormous amount of money involved, he chose six of the world's top ten securities firms, investing $3 billion in each, thus obtaining a leverage of five times.

The six trading teams went to Japan early on, purchased a large number of short positions from securities companies, and then patiently waited for Shen Dong's orders.

"What happened? Why did Li Ka-shing and his team suddenly sell all their stocks?"

Philip Barker frowned and asked Henry, the chief manager of Hang Seng Bank.

Henry said, "They seem to be raising funds, and their target is probably Japan."

"Japan?"

A glint of light flashed in Philip Barker's eyes as he said, "The Japanese stock market is booming. Could it be that they want to get a piece of the pie and make some quick money?"

Henry said, "That's possible. Many wealthy people in Hong Kong have made a fortune in the Japanese stock market, so it's normal for them to be envious."

Philip Barker pondered for a moment and then asked, "What do you think?"

Henry was taken aback and asked, puzzled, "What?"

Philip Barker asked, "Is the Japanese stock market worth investing in?"

Henry immediately realized that it wasn't just the four big clubs who were jealous, but also his own boss.

"The Japanese stock market is severely overvalued, and some financial firms on Wall Street are very pessimistic about it, so I do not recommend that you enter the market."

Philip Barker scoffed, "Those Wall Street financial firms only make judgments based on their own needs; they're not worth trusting at all. Henry, you say there's a huge bubble in the Japanese stock market, so when do you think that bubble will burst?"

Henry pondered for a moment and said, "If there is no major upheaval, Japan can hold out for at least another year."

Philip Barker snapped his fingers and said, "I think so too."

Henry asked, "Mr. Buck, are you planning to divert funds into the Japanese stock market?"

Philip Barker nodded and said, "Since there's money to be made, we certainly can't miss it. I plan to bring in five billion US dollars from Hang Seng Bank."

Henry exclaimed, "Five billion dollars? Mr. Buck, the board of directors will definitely not agree."

Philip Barker sneered, "They're just a bunch of pedantic, risk-averse, and unambitious idiots. I'll have a good talk with them. At worst, I'll just give them some more benefits."

Henry felt it was a bit risky, so he offered Philip Barker a few more words of advice.

Philip Barker wouldn't listen to any of that, and convened a board meeting the very next afternoon.

Unsurprisingly, almost all the directors expressed their opposition.

Philip Barker was a ruthless man; he directly set out his terms.

If he makes money, he will only take 60% of the profits, and give the remaining 40% to all the shareholders.

If they lose money, the Buck family will be responsible.

Upon hearing this, everyone was surprised and immediately agreed.

However, everyone wasn't stupid. To avoid Philip Barker being unable to pay out, they reduced their initial investment from five billion US dollars to three billion US dollars.

Philip Barker was furious, but there was nothing he could do.

A behemoth like Hang Seng Bank already has its own brokerage firms and experienced traders.

In just three days, they completed all the preparations and entered the Japanese stock market.

...

Ranke City, North of Magari Island

At 11 p.m., a lively party was held at the manor of Rekel, the leader of the Lion Mercenary Group.

Today is Recker's fiftieth birthday, and he has invited all the leaders and key members of the mercenary group, big and small, over for drinks.

After several rounds of drinks and dishes, Recker, slightly drunk, asked, "Lox, has Clark been found?"

Rocks is the strategist of the Lion Mercenaries, a formidable number two.

"No. I suspect Clark has already been killed by Shen Dong."

Rekel glared at him and cursed, "Useless."

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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