Set sail1992

Chapter 1201

When Big Brother, Getrag, and BorgWarner were calculating each other, the investment department of Huateng Group looked at the weird curve on the screen, and everyone couldn't help but look at each other, and then began to discuss in a low voice...

"Boss Zhang really hit the mark..."

"Yeah, who would have believed that there is such a big thunder hidden in the thriving American real estate market?"

"The most terrible thing is that the fuse of this thunder has been ignited..."

"At that time, Mr. Zhang told us that there was a hidden thunder that could blow up the whole world in the American real estate market. I didn't believe it, but looking at it now, everything is going according to what Mr. Zhang said before... It's incredible!"

"Who said no?"

"How did Mr. Zhang see through all this years in advance?"

…………

No wonder everyone was so shocked. As early as three years ago, when the real estate market in the United States was booming, Zhang Qihang asserted to everyone that there was a huge bomb in the real estate market in the United States. Once it exploded, it would cause a global economic crisis. Everyone continues to follow up and prepare to make a fortune.

To be honest, although everyone has long been familiar with Zhang Qihang’s magic, many experts in the investment department are still dubious about Zhang Qihang’s words: Yes, you are right, if you develop and evolve as you said, In theory, there is indeed such a landmine in the American real estate market, but this is only in theory. Let alone whether this mine can be formed, even if it can be formed, with the strong assets and financial operation capabilities of the United States, if you want to Isn't it easy and easy to digest and eliminate this thunder?How did it become what you said, it will evolve into a super big Z bomb that can blow up the whole world?
But now, even though the mine doesn’t look like it’s exploding, even the entire American real estate market and the stimulus mortgage market are still thriving. You can see the curves and trends on the screen in front of you, which are exactly the same as what Zhang Qihang said back then. Everyone's psychology began to be a little uncertain: Could it be that a super big Z bomb that can detonate the world's economy has really been formed?

Amid the whispers of several core executives in the investment department, Gao Xiaodong, the head of the investment department, frowned tightly. After pondering for a moment, he picked up the phone on the table and called Zhang Qihang: " Mr. Zhang, do you have time now? The investment department has found something."

Zhang Qihang asked casually: "Oh? What discovery?"

"The subprime mortgage market in the United States has begun to fluctuate abnormally." Gao Xiaodong's tone was a little excited: "Mr. Zhang, please come over and have a look. Is this fluctuation related to the situation you analyzed earlier?"

The subprime mortgage crisis in the United States is an opportunity that Zhang Qihang has been paying attention to since a few years ago, and he is planning to take advantage of this opportunity to make a fortune, so when he heard this, he immediately said: "Okay, I will go there right away!"

After finishing speaking, he paused for a moment, and said to Gao Xiaodong: "Old Gao, I tell everyone not to talk nonsense, and besides, prepare a confidentiality agreement."

Now is not the most important time, there is no need for the investment department to hand over the mobile phone, but it is time to be cautious.

Gao Xiaodong also knew the importance of this matter, so he immediately responded: "Yes, Mr. Zhang, don't worry, I know what to do."

........................

In the investment department, many people felt a little complicated when they saw Zhang Qihang striding in.

In fact, as early as two or three years ago, when Zhang Qihang made the judgment that "there are serious problems in the American real estate market and the stimulus mortgage market", many people dismissed Zhang Qihang's judgment and even despised it. We admit that you Zhang Qihang is really good at business management, but being able to manage and run a business well does not mean that you are also good at finance. Finance is a highly professional industry. If you are successful in other industries, it is the same in the financial industry. It will be bloody!", In the past two or three years, many people have secretly laughed at Zhang Qihang, thinking that he pretends to understand, but as the situation in the US market is more and more in line with what Zhang Qihang said at the beginning Well, these guys in the investment department, whose eyes are above the top, now look at Zhang Qihang with nothing but awe.

Gao Xiaodong walked up quickly: "Mr. Zhang."

"Well," Zhang Qihang responded, and said to Gao Xiaodong as he walked forward, "Give me an introduction."

"Yes," Gao Xiaodong said to Zhang Qihang in a low voice as he walked, "Bear Stearns, one of the largest investment banks in the US subprime mortgage market, has just issued a statement stating that their two hedge funds will stop redemptions, and this Both hedge funds are related financial products backed by subprime mortgages.”

Speaking of this, Gao Xiaodong licked his lips and said: "Combined with the situation in the first half of the year, I think what you said before is right. The American real estate market, especially the subprime mortgage market, is really going to have a big problem."

Speaking of this, Gao Xiaodong couldn't help but glanced at Zhang Qihang again, his eyes full of awe: At the beginning of this year, when HSBC Holdings added 18 billion US dollars of bad debt provision for its subprime mortgage business in the United States, everyone thought that This is just a normal risk prevention measure. Only Mr. Zhang firmly stated that the US subprime mortgage crisis has emerged, and made a prediction that new problems will burst out in the US subprime mortgage market soon.

At that time, everyone thought it was impossible, but immediately, everyone was slapped: Countrywide Financial Corp, the largest subprime mortgage company in the United States, announced a reduction in lending, and within a few days, New Century Financial, the second largest subprime mortgage lender in the United States, Profit warning. In mid-March, New Century Financial announced that it was on the verge of bankruptcy. In order to ensure the company's survival, New Century Financial announced along with this announcement that it would lay off 3% of its employees to tide over the difficulties.

These two news directly caused the three major stock indexes in the United States to plummet. The Dow Jones stock index fell by more than 2%, the S&P index fell by 2.04%, and the Nasdaq index fell even more astonishingly, reaching 2.15%.

But even if New Century Financial's layoff ratio exceeds 50%, it can't bear it after more than half a month. In early April, New Century Financial announced that it would file for bankruptcy protection.

At this point, the risks of mortgage loans in the United States have begun to surface, and everyone's attitude towards their bosses has also undergone tremendous changes. For example, at this moment, Gao Xiaodong's thoughts are: What the hell, how did Mr. Zhang see the United States a few years in advance? The problem with the subprime mortgage market?
Zhang Qihang nodded slightly, and asked Gao Xiaodong: "Since you have seen the whole development trend, when do you think there will be another big movement?"

"I have also analyzed what you said,"

Gao Xiaodong said: "Just a few days ago, the Federal Housing Finance Administration of the United States just announced that it would take measures. Now that the Federal Housing Finance Administration has been sold, I think that the subprime mortgage market in the United States has been in a state of depression for at least the last two or three months. able to remain stable.”

Zhang Qihang smiled and asked back: "Really? You really think so?"

Gao Xiaodong felt uncomfortable seeing Zhang Qihang's smile, he couldn't help twisting his shoulders twice, and said with lack of confidence: "I think it should be like this..."

"Then my opinion is exactly the opposite of yours," Zhang Qihang said with a smile, looking at Gao Xiaodong, who looked uncomfortable and even a little unconfident, "I think in the past few days...well, within 10 days, There will be new and explosive news in the subprime mortgage market in the United States, and there is a high probability that it will appear on Fannie Mae and Freddie Mac."

Speaking of this, Zhang Qihang patted Gao Xiaodong on the shoulder and said, "Your investment department, make preparations...how to do such a good opportunity, don't I need to teach you?"

"what??"

Gao Xiaodong was overwhelmed by Zhang Qihang's words: Fannie Mae and Freddie Mac are "state-owned" enterprises engaged in subprime mortgage finance approved by the U.S. Congress. Institutions have owned or guaranteed a total of nearly 5 trillion US dollars of housing loans, accounting for nearly half of all mortgage loans in the United States. But now, Mr. Zhang actually said that within 10 days, Fannie Mae and Freddie Mac will have big troubles?
How can this be?

It's not possible...

After a brief astonishment, Gao Xiaodong frowned and confirmed to Zhang Qihang: "Mr. Zhang, are you sure?"

After finishing speaking, he felt that his tone was a little inappropriate, and quickly explained: "I didn't doubt what you meant, I just felt... felt..."

Zhang Qihang waved his hand: "I understand what you mean, and I know what you are worried about, but Lao Gao, when did you judge correctly on the matter of the subprime mortgage in the United States?"

Gao Xiaodong was taken aback for a moment, but in the next second, his face turned red.

Not only Gao Xiaodong, but the people around who eavesdropped on the conversation between Zhang Qihang and Gao Xiaodong also looked ashamed—everyone understood the meaning of Zhang Qihang's words: don't care how you all claim to be financial elites on weekdays , but in commercial financial institutions, profit is king, making money is the first, but in the matter of subprime mortgages in the United States, you have made frequent mistakes from the beginning, and I have been right every time, and now you insist on me?Where is your face?

However, after all, Gao Xiaodong is an old fritter who has been in the financial field for many years. Combined with the content disclosed by Zhang Qihang, he suddenly thought of something, his face changed suddenly, and he quickly asked Zhang Qihang for confirmation: "According to Fannie Mae and Freddie According to the past habits of the United States, in a few days, they will announce the first half of the financial report... Do you mean that Fannie Mae and Freddie Mac will have a large loss in the first half of the year?"

Apart from this, Gao Xiaodong really couldn't think of anything else that could happen.

"Your reaction is not slow," Zhang Qihang nodded with a smile, "But I'm afraid you underestimated the seriousness of the problem."

"what?"

Gao Xiaodong looked up at Zhang Qihang, and then his eyes slowly opened wide, a little frightened and a little excited: "You mean...it's..."

"Well," Zhang Qihang nodded, "I have done some analysis on the US mortgage market and subprime mortgages, and I believe that Fannie Mae and Freddie Mac will experience losses of tens of billions of dollars or more in the first half of this year. "

Gao Xiaosong was dumbfounded when he heard this, and after a while, he moaned in disbelief: "...a loss of tens of billions of dollars... oh my god!"

Zhang Qihang replied: "My judgment is like this."

In fact, Zhang Qihang remembers very clearly that Fannie Mae and Freddie Mac announced a loss figure of 700 billion US dollars, but this figure is too sensational. Zhang Qihang thinks it is better to be relatively conservative, but he still underestimated his own words The impact on Gao Xiaodong—a loss of US$700 billion is a huge impact, but a loss of US$[-] billion is a small amount?It's all the same big impact, right?
After the initial shock, Gao Xiaodong's eyes immediately lit up: What a great opportunity for speculation. The giant in the world's largest subprime mortgage market has suffered such a large loss. Come over $10 billion in profit!

Swallowing hard, Gao Xiaodong tentatively asked Zhang Qihang: "Then... shall I arrange the next action based on the loss of 200 billion U.S. dollars?"

"200 billion? A loss of only 100 billion U.S. dollars?" Zhang Qihang smiled and shook his head: "Too little, you can arrange it according to the loss of 400 billion U.S. dollars."

Arrange this speculation according to the loss of 400 billion U.S. dollars by "two rooms"?
Gao Xiaodong's eyes widened again, and he swallowed involuntarily: Isn't the risk a little too high...

Looking at Gao Xiaodong, who was about to move and worried, Zhang Qihang knew what he was worried about, smiled, and said, "Let's put it this way, I think their losses are no less than 450 billion U.S. dollars."

Of course Gao Xiaodong understood the meaning of Zhang Qihang's words: I have left room for your next actions!

Speaking of this, Gao Xiaodong still doesn't know what Zhang Qihang really wants to express?He nodded heavily: "I see, I'll make arrangements now."

Zhang Qihang responded, and then ordered: "After the arrangements are made, write me a report on the huge problems in the US subprime mortgage market. It should be rigorous, and the most important thing is to be easy to understand..."

Gao Xiaodong didn't quite understand the meaning of Zhang Qihang's arrangement, and looked at him suspiciously.

Zhang Qihang didn't go around in circles with Gao Xiaodong, and said, "We can't eat alone with such a good opportunity to make a fortune."

Understood!
Hearing what Zhang Qihang said, Gao Xiaodong immediately understood the meaning of his boss: If the situation is really as his boss expected, this is indeed a huge piece of fat, but this piece of fat is also a pressure, if Hua Teng It's fine if the group doesn't get it, but if they get it but don't say hello to the "brothers", the pressure will come to the side of the boss, and some people may say that they don't have a big picture.

But having said that, as long as Mr. Zhang submits this report, whether other people believe it or not, when someone comes to the door, his boss will have something to say: I have reminded you a long time ago, but if you don’t believe it, Who can blame this?

He nodded vigorously: "Mr. Zhang, don't worry."

(End of this chapter)