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Chapter 857

~6 min read 1,170 words

Cloudless, the sun was high,

Dispelling the cold of Hong Kong in December.

Central Plaza, top floor, Director Director Director Guan Zu Zu's office.

"Peregrine Investments?"

After Director Director Director Guan Zu Zu heard the report from secretary Liang Xiaorou, he smiled slightly, having expected it long ago.

He had been paying attention to Peregrine Investments early on, but this investment bank had been thinking about finding foreign capital for rescue, so he didn't make a move.

Director Director Director Guan Zu Zu thought for a while: "Agree to it, Shangri-La Hotel tonight."

Liang Xiaorou: "Yes!"

Director Director Director Guan Zu Zu looked at the calendar, in the original history, when did Peregrine explode?

It seems before the Spring Festival in January.

Then Soros realized the opportunity, launched the second wave of offensive, threw out 30 billion Hong Kong dollars in a few days, and then the Hong Kong stock market fell 2000 points in a few days, causing panic among Hong Kong citizens.

Director Director Director Guan Zu Zu could actually not save it.

However, saving it has benefits.

Moreover, it has many red-chip stocks.

What is a red-chip stock: It refers to stocks with mainland Chinese concepts that are registered outside of China and listed in Hong Kong.

Therefore, it involves the mainland.

In the early 1990s, the mainland had not yet established a perfect Company Law and Securities Law, and enterprises registered in the mainland could not be listed overseas directly. Peregrine designed innovative means such as "backdoor listing" and "window company restructuring" to assist mainland-funded enterprises such as CITIC Pacific, Guangdong Investment, and China Merchants to be listed in Hong Kong.

For example, in 1990, CITIC Pacific was listed through a backdoor listing of Taifu Development, becoming the first red-chip stock, marking the official entry of mainland enterprises into the international capital market.

As of 1997, the red-chip stock listing projects led by Peregrine covered key fields such as electricity, transportation, and real estate, assisting companies such as China Merchants, China Travel Service, China Overseas, Yuexiu, Guangzhou Shipyard, etc., to be listed, forming investment themes such as "Guangzhou Concept," "Shanghai Concept," and "Capital Economy," attracting international capital to pay attention to the mainland's economic growth potential.

As of 1997, 23 mainland enterprises had been listed in Hong Kong, with a total market value accounting for 7% of the Hong Kong stock market.

In addition, saving it can stabilize the stock market, so it won't fall so hard.

At night, Shangri-La Hotel.

Chinese restaurant.

When Director Director Director Guan Zu Zu arrived with secretary Wu Lianqian and bodyguard Ding Hu, Liang Botao had already received the notice early and was waiting at the door of the private room.

"Mr. Guan, long time no see!" Liang Botao was full of smiles, walked up quickly, extended his hand, and said enthusiastically.

"Mr. Liang...!"

Both sides exchanged pleasantries and took their seats.

Liang Botao enthusiastically toasted Director Director Director Guan Zu Zu, then subtly flattered Director Director Director Guan Zu Zu, coaxing Director Director Director Guan Zu Zu to be comfortable.

After the dishes were served and the wine was poured,

Liang Botao finally began to talk about the current situation of Peregrine.

"Mr. Guan, to tell you the truth, Peregrine's situation is very tricky now."

"Before 1996, the economies of Southeast Asian countries were taking off, so Peregrine invested heavily in the Southeast Asian bond market. Who could have expected the financial storm to come, causing the currencies of those countries to depreciate significantly, and the value of bonds to plummet. This time, a serious crisis appeared in the company's finances."

He had something to ask of Director Director Director Guan Zu Zu, so naturally, he had nothing to hide.

And if Director Director Director Guan Zu Zu really wanted to support Peregrine, he would inevitably do a strict asset audit, and nothing could escape Director Director Director Guan Zu Zu's eyes.

So it's better to be honest now.

"Before, we thought about introducing Zurich Group and First Chicago Bank of the United States as strategic shareholders to alleviate the capital pressure, and we talked about it almost, but now they have all canceled the subscription plan..."

"Now the company's capital chain is tight, and a large amount of debt is due every day. If this continues, Peregrine is afraid..."

Liang Botao didn't finish his words, but the meaning couldn't be clearer.

He looked at Director Director Director Guan Zu Zu with a hint of pleading: "Mr. Guan, the Five-Star Group is powerful and has high prestige in the Hong Kong business community. Now Peregrine is in danger, I hope you can pull us..."

Director Director Director Guan Zu Zu nodded: "Good!"

He didn't have the idea of holding Liang Botao back, nor did he disdain to use this means.

So he nodded and agreed directly.

"Really?"

Liang Botao was surprised, not expecting it to be so easy.

Director Director Director Guan Zu Zu: "Since I came today, I naturally decided before coming, so as not to waste time. But I'll say the ugly words first... Peregrine's problems must be corrected."

He had been paying attention to Peregrine early on, so he also started investigating very early, naturally knowing Peregrine's situation like the back of his hand.

Liang Botao nodded repeatedly: "No problem."

This crisis exposure, he also knew where Peregrine's problem was.

As long as this crisis is passed, naturally he will start to deal with it.

Next, the two sides discussed the specific bottom-supporting plan.

Mainly capital investment + reputation guarantee.

Of course, it's impossible to talk in detail, it needs the Five-Star Group to send a team to understand in detail, and then hold a meeting to decide.

Finally,

Director Director Director Guan Zu Zu said: "I will support Peregrine, but I also need Peregrine to help me play a scene."

Liang Botao: "Mr. Guan, please speak."

Then Director Director Director Guan Zu Zu didn't explain the plan to snipe international hot money in detail, just said to let him cooperate, don't ask for the reason.

A new day,

The Five-Star Group formed an audit team and officially entered Peregrine.

The news still leaked out.

Actually, economic reporters had noticed Peregrine's problems before, but they were all gossip and didn't attract too much attention.

But now it's different, the Five-Star Group sent people to station there, this is definitely something big.

And at this time, on the other side,

Landmark Plaza, brightly lit, Soros Fund Company.

Rodney Jones's team was holding a meeting.

"The stock market in Hong Kong has been very stable... We need to continue to look for breakthroughs..."

"Boss, headquarters sent a piece of news, about that Peregrine we are paying attention to, maybe it's a bit useful."

"What's the matter?"

"We have been paying attention to Peregrine's problems. According to the news sent by headquarters in the middle of the night yesterday, Chicago Bank and Zurich Group both refused to invest. That is to say, now Peregrine has no capital support..."

"Really?"

◈

End of Chapter

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