Rebirth of the Financial Crisis Sweeping the World
Chapter 156: 156 Use HK$2 billion as a small amount of money, and still care about 600
Chapter 156 156 treats 2 billion Hong Kong dollars as small money, and cares about the 60 million small money!
Wang Guanxi said: "Brother Zhankun, have a meal tonight!"
The world turned around in just one day. Of course, Wu Zhankun knew what Wang Guanxi meant, and he asked directly: "When?"
Wing Lung Insurance is doomed to end, insolvency, solvency rate is lower than required, if you want not to be acquired, you have to pay for it yourself, but he does not have that much money.
In addition, the value of the stocks held by Wing Lung Insurance Company is still shrinking, and the solvency rate will be lower and lower. It will soon be forced to take over by the Securities Regulatory Commission, and then let other insurance companies merge or acquire them.
Before this, he also wanted to sell a good price, let the Securities Regulatory Commission make arrangements for mergers and acquisitions, it is better to sell himself.
Wang Guanxi said on the phone, "Let’s 7 o’clock in the evening"
Then he comforted: "Brother Zhankun, let's have two glasses, brother, I want to comfort you."
In fact, behind Wu Zhankun is the Wu family. If the family supports him, Wing Lung Insurance can continue to control it, but it needs money and obviously will not help Wu Zhankun fill the hole.
"Okay" Wu Zhankun took a deep breath, looking dazed and at a loss.
In the past few years, Wing Lung Insurance has made money and its asset scale has expanded, but it was beaten back to the prototype once, which is terrible.
He is heartbroken, he is reluctant, he regrets.
The phone rang again, and it was his father who called.
He is connected.
On the phone, his dad Wu Tianhui scolded fiercely: "Asshole, what is going on?"
"Why Wing Lung Insurance has a huge loss of 2 billion?"
"I spent 800 million to buy 40% of Wing Lung Insurance from China Merchants Wing Lung Bank and transferred it to you. Now how much is 800 million left?"
Speaking of this, Wu Tianhui's heart is dripping. The three brothers of the Wu family and a younger sister, after selling Wing Lung Bank to the Mainland China Merchants Bank, received 19.3 billion Hong Kong dollars, he received 5 billion Hong Kong dollars, and gave Wu Zhankun 800 million Hong Kong dollars. , Is to buy 40% equity of Wing Lung Insurance.
But now Wing Lung Insurance has a market value of 150 million Hong Kong dollars, and 800 million Hong Kong dollars is left with 60 million Hong Kong dollars. The loss is extremely miserable. He can't wait to break Wu Zhankun's legs.
Wu Zhankun quickly explained: "Dad, I don't know that Indy Mac Bank will go bankrupt."
He bought a lot of portfolio bonds, and also bought a lot of stocks of Indy Mac Bank. As a result, Indy Mac Bank became insolvent and went bankrupt. Indy Mac Bank Bond Management Company also went bankrupt.
His Wing Lung Insurance suffered a terrible loss.
Wu Tianhui scolded: "You idiot, get out now."
Wu Zhankun didn't know what to say, and was scolded by Wu Tianhui.
Let him roll back immediately.
But he didn’t choose to go back now, and it’s useless to go back now, he just got scolded.
The family will not give him any more money.
Then he called his cousin Wu Zhanhai and tentatively asked: “Zhanhai, do you have spare funds now? My company’s stock price has collapsed”
"I plan to increase my holdings of some stocks, and now I don’t have any funds on my hands."
"You give me 50 million back first"
Before, Wu Zhanhai asked him about the science and technology projects that he had borrowed 100 million to save. He didn’t know if Wu Zhanhai had any money, so he borrowed some money to let him tide over the difficulties.
On the phone, Wu Zhanhai said: “Cousin, I don’t have any spare funds anymore. The stocks I bought recently have been falling and are deeply trapped.”
"I can't help it, I'm also borrowing money"
"I'm sorry, it will take a while to pay you back, I really can't get any money now"
That Wing Lung Insurance is absolutely dead, thinking of this, Wu Zhanhai also said: "Cousin, you should have sold Wing Lung Insurance earlier, don’t fill the hole."
Wu Zhankun was very angry. When you were short of money, Lao Tzu lent you 100 million without saying a word. Now Lao Tzu is short of money, so you are not willing to pay back 50 million?
Talked for a while and ended the call.
Wu Zhankun deeply regrets, blames himself, and is reflecting.
I smoked one cigarette after another.
He did not expect that he would end up where he is today.
Before he was worth more than 1 billion Hong Kong dollars, now everything is done.
He angrily called Annis of Indy Mac Bank again and asked him what was going on.
Why conceal your true situation?
But the phone is still turned off.
**** it!
He leaned back on the office chair, his face like ashes.
Tomorrow, Wing Lung Insurance’s share price will continue to fall, and I don’t know how it will fall.
At 7 o'clock in the evening, he came to the Wenhua restaurant as scheduled.
451 private room.
Wang Guanxi has been waiting for him for a long time, and greeted him enthusiastically: "Brother Zhankun, come, don’t say anything first, let’s drink two glasses."
"Good" Wu Zhankun sat down.
After drinking several times, Wu Zhankun couldn't hold it anymore, and first talked about his own affairs.
also denounced Chen Tianqing's **** for falling into trouble.
"The **** Chen Tianqing has always wanted to acquire Wing Lung Insurance. I have never agreed. This time Wing Lung Insurance’s stock price plummeted so fast, he must have done it."
He specially opened the stock chart and looked at it, and found that it plummeted as soon as the market opened, and it must be someone who hit the market when it opened.
And the stock market did not open. The news broke the news that Wing Lung Insurance Company had lost 2 billion yuan in advance, creating panic.
Needless to say, Chen Tianqing did it all.
Chen Tianqing’s Asian Financial Holding Company is Wing Lung Insurance’s second largest shareholder. He has always wanted to merge the two insurance companies, but he disagreed.
This **** made the stock price plummet so miserably.
Wang Guanxi smiled and said: “Chen Tianqing wants to acquire your Wing Lung Insurance Company. The method is really vicious. He actually smashed the stock price so low. It is estimated that it will plummet tomorrow, and the market value must be less than 100 million Hong Kong dollars.”
No matter if Chen Tianqing of Asian Finance does not make a move this time, Wing Lung Insurance will definitely be over. If Chen Tianqing does not make a move, Wu Zhankun will definitely borrow money to stabilize the stock price, which is even worse.
Listening to Wang Guanxi’s words, Wu Zhankun sighed: "Oh, Guanxi, brother, I'm so miserable this time."
“This time, the company must be acquired by Chen Tianqing, and the stock price is 100 million or even lower”
Now he is also powerless. Wing Lung Insurance will go on like this, and sooner or later it will also go bankrupt. It will not be acquired by Asian Finance but also by other insurance companies.
But Chen Tianqing’s price was too low, so he gave him a price of 100 million yuan, this bastard.
Wang Guanxi smiled and said, “Brother Zhan Kun, in fact, in the future, we can also acquire Chen Tianqing’s Asian Financial Holding Company.”
"What? Acquiring Asia Finance?" Wu Zhankun shook his head: "Don't be kidding, it's impossible, Chen Tianqing is shrewd."
"This time, Wing Lung Insurance will not escape being acquired by him. This **** only gave a purchase price of 100 million yuan."
The acquisition price of 100 million yuan means that his 40% share is only 40 million!
Wang Guanxi smiled and said: "Brother Zhankun, I will buy 40% of your hand at the current market price."
"60 million!"
Wu Zhankun thought for a while and asked tentatively: "Could it be 80 million?"
Wang Guanxi does not speak, 80 million is absolutely impossible.
Wu Zhankun asked again: "70 million"
Wang Guanxi shook his head: "Only 60 million, Brother Zhankun, you use 2 billion Hong Kong dollars as a small amount of money, and you still care about this 60 million small amount of money!"
Suddenly Wu Zhankun was embarrassed and ashamed.
He thought of pretending to say 2 billion in front of Wang Guanxi before.
He knotted and said: "Then 60 million"
It’s better to sell to Wang Guanxi than to Chen Tianqing.
Then Wang Guanxi called and asked the lawyer who was still waiting outside to come in, and then went to draw up the contract.
Sign the equity agreement,
Wang Guanxi transferred 110 million Hong Kong dollars from the No. 1 fund to the Heishan Group, and the No. 1 fund has 200 million Hong Kong dollars left. The 200 million Hong Kong dollars are used to short the Hang Seng Index.
Then Heishan Group paid Wu Zhanhai 60 million and obtained 40% of Wing Lung Insurance, totaling 40 million shares.
Wu Zhankun asked: "Guanxi, did you just say the acquisition of Asia Financial Holdings?"
"How to operate?"
"How to achieve it?"
Wang Guanxi smiled and said: "There will be a chance in a while, and then we will also short the shares of Asian Financial Holdings."
"What, are we shorting the shares of Asian Finance Corporation?" Wu Zhankun was puzzled.
"Yes, shorting its stocks will let you Chen Tianqing taste the taste of being shorted" Wang Guanxi smiled on his face.
"How can there be a chance to go short?" Wu Zhankun became interested.
Wang Guanxi smiled and said, "Just wait for a good show."
"Tomorrow Chen Tianqing will hit the market again. At that time, I will buy the shares of Wing Lung Insurance Company in the market and hold more than 50% of the shares. Chen Tianqing will be out of business."
Wu Zhankun: "Yes, Guanxi, that insidious bastard"
Then Wang Guanxi arranged two beautiful female models to accompany Wu Zhankun, and also paid for two bags, so that the two female models could accompany Wu Zhankun well.
At this moment, in the office of the chairman of the Asian Financial Holdings Corporation, Chen Tianqing has a sinister smile on his mouth.
"Continue to hit the stock price tomorrow"
He still didn’t know that Wu Zhankun had sold the stock to Wang Guanxi at the market price, and he was going to continue to hit the market, leaving Wu Zhankun desperate!
The next day, 17th, Thursday.
Hong Kong stock market opened.
Chen Tianqing’s people hit the market again and sold 5 million shares!
500,000 shares!
500,000 shares!
500,000 shares!
··
The market is full of offers!
Wing Lung Insurance may delist or close down at any time.
Retail investors are even more panicked.
Selling stocks one after another.
The stock price plummeted from 1.5 yuan per share to 0.5 yuan per share. The market value of Wing Lung Insurance Company has also given birth to 50 million, which is a huge thunder.
Wang Guanxi has made a move, buying crazy!
1 million shares!
1 million shares!
1 million shares!
Absorb the huge selling orders in the market!
Then retail investors saw the stock rise and reduced their selling, and then sold them when the stock price was higher.
Soon it started to skyrocket!
From 0.5 yuan per share to 1.1 yuan per share!
The average price of Wang Guanxi was 0.8 yuan per share, and he bought 20 million shares at a cost of 16 million Hong Kong dollars.
Now he holds a total of 60 million shares, accounting for 60% of the shares.
bought 20 million shares, Wang Guanxi stopped buying, and 60% of the shares were enough for the next action.
It can be said that the mantis catches the cicada and the oriole is behind!
The morning session is also over, and the stock price is fixed at 1.1 yuan per share.
As for the Asian Financial Holdings Company, Chen Tianqing was dumbfounded, what's going on?
Actually have funds to enter the market to scan the goods?
Buy a lot of stocks?
Who the **** is ?
Why do you do this?
Don’t you know that Wing Lung Insurance Company is going to die?
He didn’t know that Wing Lung Insurance’s stock would fall worthless?
Afternoon trading, opening.
At this time, many retail investors saw that the stock price was no longer rising, and they sold their stocks crazily again. The stock price soon turned around and fell, again falling from 1.1 yuan per share to 0.5 yuan per share.
During the period, there were also retail investors who bought the bottom, but they also sold off at a profit, fast in and out, and made quick money. They were all small retail investors with a few thousand shares or 10,000 shares.
They are so happy.
The final stock price is fixed at 0.50 yuan per share.
At 4 pm, the stock market just closed.
Wing Lung Insurance Company.
Wang Guanxi has brought five executive directors from Cathay Insurance and a group of executives from Cathay Insurance to the conference room.
In the meeting room, executives from Wing Lung Insurance gathered.
(End of this chapter)
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