Chapter 1459: Operation Kill the Dog

At S.G. Warburg's Xiangjiang branch, Terence Warburg frowned, bent over his desk calculating something, and let out a sigh from time to time.

'Chairman, the people from Jiuding Bank are here and want to see you.'

Just then, a subordinate knocked on the door and reported to him carefully.

Terrence Wogberg's hand holding the pen paused, and his fist tightened subconsciously.

They are not here with good intentions!

The contract's period of guaranteed profit is up, and they are here with a knife!

He glanced down at the data he had just calculated on the desk, and his heart ached.

After looking up, he pretended to be unconcerned and said slowly to his subordinate, 'Please ask them to come in, and call Lomond over.'

Lomond Beale, the president of the Hong Kong branch of S.G. Warburg, was a white man from Scotland.

'Yes, chairman, just a moment!'

said the subordinate, and quickly left the office.

And Terence Warburg took advantage of the enemy's arrival to tidy up a little, putting the secret documents in the drawer.

Soon.

Lomond Beale walked in, exchanged greetings, and was then shown to a seat by Terence Wogberg.

Ten seconds later, a series of footsteps could be heard approaching, and then the subordinate led two Chinese people in.

Lomond Beale recognised the leader as the manager of the securities investment department of Jiuding Bank, the person who had signed the VAM agreement with Yang Ming.

'Hello, Manager Yang!'

'President Bill, long time no see!'

'This is our chairman, Mr Terence Worborg.'

After Romon Bill shook hands with Yang Ming to say hello, the former introduced Terence Worborg to Yang Ming.

'Hello, Mr Terence Worborg, I have long heard from our chairman that you have come to Hong Kong, and I am honoured to meet you!'

Yang Ming looked at Terence Woburg with a smile on his face and said, 'I have heard from our chairman that you have come to Hong Kong, and I am honoured to meet you!'

Yang Ming's smile was very irritating to Terence Woburg. "Manager Yang, hello! I am also honoured to meet you!" Terence Woburg forced a smile and said.

After the subordinate who showed the way left, there were only four people in the office. After the two parties sat face to face,

Yang Ming took the initiative to start the conversation and said bluntly, 'Mr. Wolfberg and Mr. Bill, we are here today to talk to you about the VAM contract.'

'This is the VAM agreement that your company signed with our bank three months ago, and it is now due. Please return the stocks that we lent to you to us.'

As soon as Yang Ming finished speaking, his assistant handed over the documents that he had just taken out of his briefcase.

Inside were the VAM contract and a list of the stocks that had been borrowed.

At the top of the list was the most valuable stock, 147.5 million shares of Jiuding Real Estate Development Co.

Under Yang Ming's gaze, the smile on Terence Warburg's face had long since disappeared. His gaze was fixed on the document held in the air, but he did not reach out to take it. Lamont Bill understood and reluctantly reached out to take it.

'Manager Yang, we will return the borrowed shares from your bank, but please give us some more time.'

'After all, there are too many shares involved, and we are already accelerating the acquisition.' Lamont Bill took the document without looking at it, pressed it on the table, and forced a smile as he said,

The atmosphere on the scene changed instantly!

Yang Ming sneered repeatedly in his heart and decisively shook his head and said, 'Mr. Bill, I'm sorry, but we have to abide by the spirit of the contract. You approached us to bet against the market before, and we decisively handed over the stocks to you. Now that the time is up, you have to return them on schedule.'

'S.G. Warburg is a world-class investment bank with great strength. Surely you can't even buy these stocks?'

This slightly mocking tone made Lomon Bill's blood boil, and Terence Warburg, who was standing nearby, was even more furious.

When did a mere department manager of a bank dare to mock him, a financial magnate, so blatantly!

This was rubbing his face in it, full of humiliation!

'Manager Yang, the strength of our company is obvious to the world, you don't need to question it,' said Terence Warburg with a cold snort.

'Since Mr. Warburg is so confident, then just give us back the stocks!' Yang Ming shrugged slightly, held out a hand, and said, staring intently at Terence Warburg.

Terence Warburg glared at Yang Ming, who did not flinch.

Instead, he spoke with a slight smile, 'Before I came, I took the time to research the stock prices of these companies, most notably Jiuding Real Estate Development Co., Ltd.'

'The stock price of this stock was 97.48 Hong Kong dollars per share half an hour ago. If your company can acquire 147.5 million shares at this price, it will cost 14.3783 billion Hong Kong dollars.'

'This figure converted to US dollars is 2.35701 billion US dollars!'

'Of course, the premise is that you can acquire such a large amount of shares without significantly raising the price, and there must also be sellers willing to sell.'

'As far as I know, the current market expectations for this stock are extremely high, and everyone is waiting for the stock price to surge to HK$100, witnessing Jiuding Real Estate Development Co., Ltd. becoming the first real estate company in history with a market value of HK$100 billion!'

This series of words greatly irritated Terence Worbel's nerves.

His fists were clenched, and the veins in his temples were bulging.

He had long since known that the supply of the stock of Jiuding Real Estate Development Co., Ltd. had long since been exhausted, and it was highly concentrated in the hands of the Jiuding consortium. There was no way they could acquire so many shares.

Yang Ming's words were tantamount to saying that their S·G·Huabao company would not be able to perform its obligations and would be dealt with according to the default provisions.

However, according to the agreement signed at the time of the VAM, if S·G·Huabao is unable to return enough shares as scheduled, then the missing portion will be compensated at 1.2 times the real-time stock price.

It is based on the real-time stock price, not the value of the borrowed shares at the time of the VAM!

And the handling fee for the VAM was paid a long time ago!

This is now a compensation for breach of contract!

'Don't worry, we will do things according to the agreement,' said Terence Woburg, with these words struggling out of his mouth.

Yang Ming smiled, 'Since Mr. Woburg has said so, we can rest assured.'

'According to the agreement, after the expiration, your company has three days to perform the contract.'

'We will not bother you two anymore.'

'Oh, by the way, I heard some news that may be useful to you. In recent days, the Hong Kong government has received some intelligence that a group of lawbreakers have entered Hong Kong, so the airport and port of Hong Kong will be under strict security in these days.'

After saying that, Yang Ming strode off in the face of the murderous glare of Terence Wogberg and Lomond Beer.

'Bang!'

After Yang Ming's footsteps had completely faded away, the anger that had built up in Terence Waughberg's heart exploded like a volcano. He slapped the table heavily with a loud noise.

Lomon Bill, who was also very angry, was startled and his anger dissipated. He looked at Terence Waughberg's hand with concern. He suddenly noticed that the director's palm was already red and it hurt just to look at it.

'Chairman, calm down!'

Romon Beier said soothingly.

'How can I calm down?'

'This is the first time! This is the first time that such a small manager has dared to threaten me like this!'

Terence Worborg was full of anger.

Yang Ming's last remark was a reminder, but in fact it was a threat, threatening him that the airport and port were under control, and he couldn't escape!

This remark was more disgusting than meaningful!

There was no way he could run away. Even if he returned to the UK, they would still have to honour the agreements, even if it involved astronomical sums of money!

Hong Kong was after all still under British jurisdiction and protected by British law. Even if S.G. Warburg went bankrupt, Jiuding Bank would be able to take priority in sharing out S.G. Warburg's assets as compensation.

He also dared not breach the contract. If he did, he would not only be subject to legal sanctions, but the century-old goodwill of S.G. Warburg would also be destroyed, and the company would definitely go bankrupt.

If he did not breach the contract, the huge losses would most likely cause S.G. Warburg to go bankrupt, but if he did breach the contract, it would definitely go bankrupt!

Therefore, at the moment, Terence Warburg could only feel powerless and furious.

In fact, he had already decided in his heart to repay the money within three days!

No!

is to end the contract immediately today and make compensation to Jiuding Bank.

The stock price of Jiuding Real Estate Development Co., Ltd. has already been driven up by them to such a high level. It's only Tuesday, and in three days, who knows how high it will go?

The longer you delay, the more you have to cut. For every HK$1 increase in the stock price, you have to pay HK$177 million more in compensation!

"Lomon, immediately go with someone to Jiuding Bank and end the contract as quickly as possible. I will handle the funds. Go!'

Terrence Worberg woke up with a start and immediately commanded Lomon Beier.

'Yes!' Lomon Beier also knew the gravity of the situation and decisively responded, then got up and ran towards the door.

Today, a similar scene was playing out in many places.

A series of companies such as Jiuding Bank, Jiuding Securities, Jiuding Insurance Group, Hang Seng Bank, and Sun Hung Kai Securities had all sent multiple teams to the short companies that had previously entered into a bet.

Of course, the Chaoshan gang did not dare to go after the Jiuding consortium when they made the bet; they looked for other institutions in Xiangjiang to bet against.

These institutions were also scrambling to go to the Chaoshan gang to demand performance from their companies.

For a time, there was a chorus of wailing within the Chaoshan gang.

And on that same day, in many banks in Xiangjiang and Southeast Asia that were not affiliated with Jiuding, the presidents of the major banks were receiving a special group of guests and secretly cooperating with them within a very short period of time.

Behind these actions was a piece of paper in Xia Yu's drawer, with four words written on it: Operation Kill the Dog!