The whole of March is a season of harvest.
Harvesting and bargain hunting are the themes throughout the month!
International capital is recklessly biting into the defenceless Australian capital market.
The biggest piece of the cake naturally belongs to Xia Yu, who is manipulating everything behind the scenes, as well as to Tiger Fund, Bridgewater Fund and Bright Fund!
At the same time, international capital worked in perfect harmony to manipulate public opinion, directing it towards the Australian authorities, so that the ignorant masses took to the streets in large numbers, demanding that the incompetent central bank governor and finance minister step down.
On 10 March, Australia's extremely high short-term lending rates caused even more chaos in the domestic economy. Under pressure, the governor of the Reserve Bank of Australia, Jack Staw, took the blame and resigned.
On 11 March, the Australian Ministry of Finance urgently appointed a new central bank governor, who immediately announced the restoration of interest rates, from 35.249% to the original 14.745%.
On 14 March, Australian Finance Minister Paul John resigned.
The two bigwigs were forced to resign one after the other, and the people shouted victory in the struggle, while the international capital that was manipulating everything behind the scenes laughed maniacally.
Australia is at the mercy of everyone!
The harvest operation continued until April 6th before finally coming to an end.
Detailed results were also reported by each company to Xia Yu's family office, where Huo Jianning was responsible for further summarising them.
On this day, Xia Yu was at home with Elena, resting.
Elena had arrived in Hong Kong on April 2nd.
Xia Yu planned to get married this year.
In terms of his own relationships, Xia Yu had never deliberately hidden anything from Elena, and Elena had long accepted the status quo.
'Elena, I plan to become a citizen of the Maldives this month, and I want you to come with me.'
Hugging Elena, Xia Yu looked at her tenderly and whispered.
The Maldives was now in Xia Yu's hands.
As long as Xia Yu wanted to have a grand wedding, and did not want to hide it, this country that recognised multiple nationalities and allowed polygamy under the law was the best choice for Xia Yu.
Elena nodded obediently: 'Well, I'll leave it to you, but I think you still need to meet my father.'
'I've already spoken to him before, and he was a bit angry at the time, although it seems he's come round.'
Xia Yu couldn't help but smile helplessly at this. There was no way around it, he had to get past this hurdle, after all, he wanted someone else's precious daughter.
And when the time came, he would also have to invite Duke Carter Howard to the wedding himself, so he would have to go there first.
'Now you know what pressure is like, don't you?'
Elena saw Xia Yu's pressure and suddenly teased him playfully.
Xia Yu scratched the tip of her nose and said with a smile, 'As long as I can marry you, I can bear any pressure.'
...
After spending some time with Elena, Xia Yu received a report from his subordinate that Huo Jianning had something to report. Xia Yu asked Huo Jianning to come in.
'Chairman, these are the results reported by Bridgewater, Tiger and Bright Funds. I have already consolidated them here. Please take a look.'
'Okay, give them to me. You go ahead.'
'Okay, Chairman, I will leave first then.'
After seeing Fok Kin-ning leave, Xia Yu picked up the report he had submitted and opened it in front of Elena, saying to her, 'Elena, let's take a look together. Although I have been staying in Hong Kong for the past few months, I have been doing a lot of things.'
Elena curiously looked at it with Xia Yu.
Xia Yu's Bright Foundation was well known to her, but the fact that he owned Bridgewater and Tiger funds was something she really didn't know.
First, there was Bridgewater and Tiger funds.
These two funds do not get involved in physical companies, and they only have their eyes on money. The profits they make are also all in cash.
In the case of Bridgewater, a total of 8.94 billion US dollars was made, of which 7.56 billion US dollars was earned in the Australian foreign exchange market, 940 million US dollars in the stock market, and 410 million US dollars in the bond market.
The Tiger Fund made a total profit of 9.17 billion US dollars, of which 7.62 billion US dollars were earned in the Australian foreign exchange market, 680 million US dollars in the stock market, and 870 million US dollars in the bond market.
The two funds combined to make a net profit of 18.11 billion US dollars!
As for the Bright Fund, it not only made money, but also bought up physical companies.
All the money it made was also invested in buying up.
In shorting the Australian stock market, the Bright Fund made a profit of 8.63 billion Australian dollars.
In shorting the Australian currency market, the Bright Fund exchanged the Australian dollars of its various Australian subsidiaries for US dollars, and then exchanged them back for Australian dollars after the Australian dollar exchange rate plummeted.
In addition to the money lent to Bridgewater and Tiger Funds, another 12.41 billion Australian dollars was raised, which after a series of ups and downs, became 18.68 billion Australian dollars, a net profit of 4.47 billion Australian dollars.
So in the Australian financial market, the Bright Fund made a profit of 13.1 billion Australian dollars.
However, the Bright Fund was very low-key and no one noticed that it had actually made a profit that was not inferior to either the Tiger Fund or the Bridgewater Fund!
This profit of 13.1 billion Australian dollars was all invested in bottom fishing, and even that was not enough, so the Bright Fund continued to invest US dollars into Australian dollars to bottom fish.
Although the Sydney consortium was not completely swallowed up, most of its core companies were taken over, and some of the remaining companies have also been infiltrated. The original four families of the Sydney consortium can only survive with difficulty.
The Australian Insurance Group, another financial core of the Sydney consortium, was acquired with a 75.4% stake for A$728 million.
The Queensland Sugar Corporation, a sugar company with a 75% market share in Australia, was acquired for 85.7% of its shares, at a cost of 614 million Australian dollars.
The New Zealand Sugar Corporation, the second largest in the sugar market, was acquired for 100% of its shares, at a cost of 148 million Australian dollars.
Together, these two sugar companies accounted for 90% of the sugar market in Australia and New Zealand.
Toll, Australia's largest integrated logistics group, was delisted due to extremely heavy losses and was acquired in its entirety for just A$418 million, but it also had to assume all the company's debts.
As a result of the acquisition of Toll, Toll's 55.7% stake in Wheelock Shipping was also acquired.
Fairfax Media, the media core of the Sydney Consortium, was also acquired by Bright Funds, which acquired 72.9% of the equity for A$756 million.
This Australian media giant, one of the country's Big Four, was founded in 1902 and currently controls more than 23% of all newspapers in Australia, including the main titles The Sun-Herald, The Australian, The Daily Mirror (Australia), The Daily Telegraph, The Adelaide News, The Sydney Morning Herald, The Canberra Times, The Financial Review and The Age, as well as television and radio stations.
This media giant also operates newspapers in countries such as the UK, the US and New Zealand.
69.9% of Carter Holt, one of Australia's four largest paper and packaging companies, was acquired for A$598 million.
80.9% of Lion Nathan, Australia's second largest beer and tobacco market leader, was acquired for A$1.48 billion.
The Westfield Group, a major retail and property company, was acquired with 67.8% of the shares for A$1.17 billion.
Other companies acquired by the Sydney consortium were: 100% of the shares in Australian Chemical Company, 68.4% of the shares in Clyde Industrial Company, 100% of the shares in Australian Joan Lesachtien Company, 88.2% of the shares in Australian Topemak Company, 91 .5% stake in the Buchanan Bolgher Coal Mine, 100% stake in the Monte Gunson Mining Company, 86.1% stake in the Gove Bauxite Company, 75% stake in the Pilbara Iron Ore Company, and 89.4% stake in the Northern Australia Mining Company, at a total cost of A$8.99 billion.
Apart from the Sydney consortium, other companies were also acquired by Bright Fund at bargain prices.
For example, St George Bank, the fifth largest bank in the country in the banking sector, acquired a 62.4% stake for A$1.87 billion.
An Australian energy company that is mainly engaged in the exploration and production of natural gas, power generation and energy retailing was acquired at a bargain price, with 68.2% of the equity acquired at a cost of A$1.47 billion.
CSL Limited, one of the world's four largest blood product giants and formerly known as the Commonwealth Serum Laboratory established in 1916, was acquired in its entirety at a cost of A$1.85 billion.
Westfarmers, a large group in Western Australia, was just listed last year. Its business involves a wide range of fields such as retail, home improvement, coal mining, and insurance. It was acquired with a 54.2% stake for A$2.54 billion.
Fortescue Metals Group, Australia's third largest mining company, was acquired with a 50.3% stake for A$1.44 billion.
There is also Kidman, Australia's largest and the world's largest agribusiness company, which was also fully acquired due to a lack of funds, at a cost of just A$370 million.
Kidman owns 1.3% of Australia's land and 2.5% of its pasture, an area equivalent to the size of the Chinese province of Zhejiang. The company owns a total of 11 ranches across Western Australia, South Australia, Queensland and the Northern Territory.
All these moves cost a total of 24.442 billion Australian dollars.
According to Guangming Fund's plan, after taking over these companies, it will further expand according to the situation and through mergers and acquisitions. After all, the Australian financial market will not recover for at least a year, which is just the right time to expand by taking advantage of the market downturn.