Rebirth of the Financial Crisis Sweeping the World

Chapter 138: A large-scale private placement of 13,870 billion will cash out 100 million shares!

Chapter 138, a large-scale private placement of 138,870 billion to cash out 100 million shares!

At 10:30 in the evening, the dinner is over.

Wang Guanxi returned home.

Turn on the computer and check the latest current affairs news. He pays more attention to technology, economy and finance, and likes to collect information.

See if there is any bad news about China Resources Beer Group.

He shorted 5 million shares of China Resources Beer, with a position of 30.00 yuan per share, but the stock price rushed to the 36.00 position when the market closed this afternoon, and his stock account lost 30 million Hong Kong dollars.

"The stock price has reached a record high of 36.00 yuan per share, and HSBC International Trust will not increase its holdings at a high level for the time being"

"Then Li Guangyu was also unlucky enough. He shorted China Resources Beer and ended up encountering a giant financial institution like HSBC International Trust."

HSBC International Trust, I don’t know how many wealthy families, the rich will buy HSBC’s trust products, as well as many mainland wealthy people. One can imagine the scale of the assets of HSBC International Trust Company!

A small institution like Li Guangyu shorted China Resources Beer this time, and was directly crushed ruthlessly, then broke its position and lost 280 million Hong Kong dollars!

Suddenly a scrolling news headline appeared.

[Ping An Group’s U.S. stocks once again suffered a huge loss of US$1 billion and intends to sell 10 billion of assets at a discount]

The Ping An Group is also a behemoth. This small amount of money may not be a big deal. Ping An Group may sell a lot of Hong Kong assets.

I don’t know which listed company’s stock will be sold off?

The subprime mortgage crisis broke out in the United States very severely, and it will trigger a global financial crisis in more than two months.

Wang Guanxi is very looking forward to September 14th.

"Let’s talk about making money first. After the global financial crisis broke out, the Hang Seng Index plummeted by 10,676 points, a drop of more than 10,000 points. He can make a lot of money by short selling."

At this moment, Qiao Quanshan, general manager of Caitong Capital, a mainland fund company, is crawling to sleep on his desk.

Recently, the mainland stock market has been falling, and the market has been falling for more than a month. Because Caitong Assets holds many shares of listed companies, the assets have shrunk seriously, but there is no way.

Recently, he has also been frequently swapping shares, selling off the stocks of listed companies with bad prospects, and then buying stocks of listed companies with good prospects.

At this time, the phone rang, and it was Hao Yumao, a vice president of Ping An Fund.

After is connected, the other party must continue to redeem funds.

It takes about 2 billion.

Ping An Fund is a major customer of Caitong Capital. It has entrusted tens of billions of assets to be managed by Qiao Quanshan. It redeemed 1 billion last time, and this time it has to redeem 2 billion.

Qiao Quanshan asked: "Mr. Hao, give me a few days. We need to sell some assets."

Hao Yumao: "OK, no problem"

This time it was an order from the boss. It needed a lot of funds. He thought of Caitong Capital, especially the mainland stock market has been falling, and Caitong’s capital assets have shrunk seriously. His boss hopes to redeem a certain amount of funds.

Thinking about it, he said: "Mr. Qiao, we are in urgent need of funds now. I hope you will be ready for 1 billion Hong Kong dollars when the stock market closes this Friday."

"Okay, Mr. Hao, don't worry, it will be done on Friday." After finishing the call, Qiao Quanshan turned on the computer and checked the stock prices of each listed company!

As a large-scale private equity fund in the Mainland, Caitong Capital has assets of up to 70 billion. Its clients are large financial institutions, insurance companies, trust funds, and wealthy individuals.

And Qiao Quanshan bought a lot of listed company stocks, some in the Mainland, some in Hong Kong, and some in Japan. The main investment is in Asia.

Penguin Group, China Resources Beer, BYD Auto, BYD Electronics, Sinopec, Sinopec, Moutai··

Finally, he was fixed on the stock chart of China Resources Beer Group.

He is very optimistic about the stock of China Resources Beer Group. Recently, it has risen from the 20.00 position to the 36.00 position. Caitong Capital holds 7% of the shares of China Resources Beer Group, a total of 113 million shares. The current share price is 36.00 Hong Kong dollars per share, valued 4.084 billion Hong Kong dollars, which means that the stock price has risen sharply recently, and the stocks they hold have increased by 1.824 billion Hong Kong dollars.

"Sell the shares of China Resources Beer this time."

Ping An Fund needs to redeem 2 billion Hong Kong dollars, and it is completely enough for him to sell the shares of China Resources Beer.

The next day, June 26, Thursday.

Qiao Quanshan got up very early and came to Caitong Capital’s headquarters. There were a dozen operators, several traders, and risk controllers in the trading room.

greeted him and ate the breakfast delivered by his assistant. He ordered: "When the Hong Kong stock market opens, sell the shares of China Resources Beer Group."

"Yes, Mr. Joe" several operators nodded one after another.

Soon the Hong Kong stock market opened, and they began to sell shares of China Resources Beer.

200,000 shares!

····

China Resources Beer’s share price kept falling.

quickly fell from the 36.00 position to the 33.00 position.

As for HSBC International Trust, Jiang Quangang ordered: "Keep watching."

The stock price has risen too high recently, and it is difficult for them to continue to increase their holdings at a high level. Now that the stock price has fallen so fast, there must be large institutions cashing out at a high level.

He is not a fool to be a catcher in a high position!

"Yes, President Jiang"

Time passed quickly, and the stock price fell all the way under the sell-off of Caitong Capital!

32.00!

31.00!

30.00!

After a short stay, the stock price continued to fall below the 30.00 position.

5 minutes later, the stock price fell to the 29.50 position.

Wang Guanxi was very happy. His account went from a floating loss of 30 million Hong Kong dollars to a floating profit of 2.5 million Hong Kong dollars. The net value of his account was as high as 155 million Hong Kong dollars.

··

At this moment, Cathay Insurance, President’s Office, Zhang Dexi opened a stock account. This time he used 200 million funds as a risk margin to allocate 800 million funds to HSBC Securities, intending to buy shares of China Resources Beer.

In other words, he gave HSBC Securities a 200 million risk deposit, and HSBC Securities gave him a 800 million stock account.

Leverage is 4 times. He can only lose 200 million Hong Kong dollars. After losing the risk margin, he will be forcibly liquidated.

There are risks, but he is not worried.

Because he learned that HSBC International Trust was increasing its holdings of China Resources Beer on a large scale, he felt that the stock price of China Resources Beer would definitely rise to 50.00 yuan per share, so he wanted to go in and make a wave of quick money. When the stock price rushed to the 45.00 position, he would come out.

Now that the stock price has dropped to 29.5, it is time to make a move. It will be too late for HSBC International to make a move.

So he started buying!

The stock price was directly pulled up by him!

500,000 shares!

···

The stock price is rising rapidly!

Qiao Quanshan shouted: "Increase the selling!"

"Yes, Mr. Joe" operators increase their selling!

Zhang Dexi is buying frantically, and Caitong Capital is also selling frantically!

500,000 shares!

··

The stock price is from 29.00 to 31.00 and I am in a violent shock!