Chapter 109 The Bond Trend(2/2)
Finally, this shocking news, like the last straw that broke the camel's back, completely pushed the public bond market that foreign banks and Jewish businessmen used their last capital to stabilize into a new abyss.
And this abyss is almost hopeless!
"Build the plank road in the open and cross Chencang secretly!"
Sitting slumped on the sofa, Jacob Sassoon murmured such a Chinese idiom. Now, he finally understood why the news of Li Zicheng's attack was not announced, and why in the past two days, there were always
The reason for the news about Yuan and Li's harmony is very simple. Li Zicheng is waiting for an opportunity. He has been waiting for the warship. He needs to return to Lianyungang. Return to his base camp, so that he can break with Yuan Shikai.
Only in this way can he start a war with Yuan Shikai aimed at fighting for the supreme dominance of China.
If it had been in the past, maybe he would have gambled on who would lose and who would win. But now, he has lost everything, lost everything, and lost the family fortune that the Sassoon family spent more than 70 years saving. On this day,
He is bankrupt, not just him. It can be said that almost all Jewish merchants in Shanghai are bankrupt.
"uncle……"
Looking at his uncle who had aged dozens of years in a few hours, Victor's voice became hoarse. The Sassoon family was finished! Not only that, the entire Shanghai Concession was finished!
This was a disaster! Almost no one he knew was spared!
"Okay, it's all over, Victor!"
Raising his head and looking at his nephew with his lifeless eyes, Jacob Sassoon said in a weak voice,.
"Our time is finally over!"
Our era is over, until now, until now, Jacob Sassoon finally decided to face reality, everything is over, that era where silver once flowed, that era where as long as you come here, you can seek huge amounts of money
The era of wealth is over, and the era for adventurers like them is over.
"Victor, from now on, you are no longer my heir!"
When he uttered this sentence with a weak voice, Jacob Sassoon glanced at his nephew with his lifeless eyes. His expression did not change in any way because of this sentence. It was obvious that he had expected this.
everything.
"Yes, uncle!"
Victor nodded. He did not object to this. In this case, he did not need to inherit any debts. At least he was not bankrupt yet. He still had hundreds of thousands of yuan in deposits in the bank, but...suddenly,
He thought of another thing. In this storm, it was not just their businessmen who were involved, but even banks. Banks were also involved. This time, can banks survive?
?
Sitting in the office, Qi Libin's bloodless face still showed endless self-blame. He had destroyed everything and everything. From now on, HSBC has become history!
Yes, HSBC has become history. In this speculation, he bet the entire HSBC, but what about the return?
"Taipan, the Wuhan branch sent a telegram. The crowd requesting to withdraw money and redeem silver dollar certificates occupied the entire hall and lined up on the street. They, they need at least 20 million taels to get through..."
"Tianjin Branch..."
"Beijing branch..."
"Fengtian Branch..."
Almost all the news was consistent. Almost all branches were facing a problem - a run. It seemed that in just a few dozen minutes, news spread across China that HSBC failed in its public debt speculation.
Well, they lost all the depositors' money, and there were even rumors that the Shanghai bank could no longer withdraw cash.
In short, this is like a long-planned conspiracy. Now, everything has begun. If HSBC cannot cope with this squeeze, if HSBC cannot come up with 20 million yuan in cash, then HSBC will spend decades
The credibility built up over time has been wasted. In fact, HSBC is indeed unable to withdraw cash now. At least those branches scattered across China are unable to cope with such a nationwide run.
A well-planned conspiracy!
Suddenly, an idea came to Qi Libin's mind. It was such a coincidence. Almost at the same time that the public debt plummeted by 60%, there was a run on various banks. There was no news at all before. By five o'clock in the afternoon
, all reports in Shanghai were published with extra numbers.
“The public debt craze, bankrupt the layman!”
Then everything happened naturally. There was a run on the Shanghai bank. At the same time, the stock exchange also asked HSBC to pay a huge sum of money with a letter of credit. How could it be such a coincidence?
Thinking of everything in it, Qi Libin realized that this was not a simple "market reaction", but a carefully planned conspiracy. But now, what choice does he have?
"Taipan, there is an urgent call from the Hong Kong headquarters, asking you to explain all this immediately!"
Explain? How to explain? Should you tell them that you destroyed the entire HSBC? Or tell them... Just when Qi Libin didn't know how to explain, another news came.
Chapter completed!