Rebirth of the Financial Crisis Sweeping the World

  Chapter 166 166 Short 200 million shares, black shirt insurance fights Asian Financial Holdings

  At this time, Chu Jianming, chairman of Convoy Global Insurance, and Chen Tianqing, director of Asia Financial Holdings, also came. The two were glorious, and obviously they have encountered a lot of good things recently.

  Chu Jianming and Chen Tianqing saw Wang Guanxi and Huang Shaokai, and they immediately walked over to say hello.

  The last time Hong Kong Black Shirt Insurance Company sold the portfolio bonds to Convoy Global Insurance at a 40% discount, Chu Jianming liked it very much.

   "Mr. Wang, Mr. Huang, what a coincidence, there are any bonds that are discounted, sell them to me together"

  "Haha"

  “Recently those bonds have appreciated in value”

  500 million combined bonds, 300 million sold to him, what a fool, he continues to like such fools and do business with such fools.

  Now he holds a lot of Wall Street, bonds issued by banks in the United States, and stocks, which are very stable.

  Chen Tianqing also followed: "Wang Guanxi, there are good bonds, when you want to discount, remember to come to me, we can work together."

  Wang Guanxi smiled and said: "Definitely, definitely"

  At 9:30 in the evening, Wang Guanxi and Huang Shaokai left the Central Financial Private Club.

  Tonight, I sold the 200 million CNOOC stocks in Black Shirt Insurance at the market price, which is still a good harvest.

  Currently, Black Shirt Insurance has total liabilities of 3.7 billion, total assets of 3.7 billion, liability reserves of 2 billion, financial assets of 1.1 billion, and current cash of 600 million.

  Net assets 0.

  Now I still have 600 million cash flow, and I can go short the stocks of other listed companies.

  Thinking of shorting, Wang Guanxi thought of Chen Tianqing’s Asian Financial Holdings Company, which is an insurance company, and Wang Guanxi has been staring at it for a long time.

  I don’t know what’s going on with its stock price, so Wang Guanxi opened the stock chart of Asia Financial Holding Company and took a look at it.

  Recently, the Hang Seng Index has plummeted. The share price of this Asian financial holding company has risen to 5 yuan per share, and its market value has broken through 5 billion. It is fun and fun.

  The stock price is so high, you can go short.

  Thinking of this, Wang Guanxi opened his eyes to Huang Shao next to him: “Mr. Huang, we will start shorting the shares of Asian Financial Holding Company tomorrow”

  "Okay, BOSS, I'll call to ask the broker to borrow stocks now" Huang Shaokai was a little excited.

  There may be a big surprise in shorting Asian Financial Holding Company this time. To be honest, Wu Zhankun, the executive director of Hong Kong Black Shirt Insurance Company, dislikes Chen Tianqing very much, because Chen Tianqing has shorted Wing Lung Insurance, and Wu Zhankun has been thinking about it.

  This opportunity is here.

  Thinking about it, Wang Guanxi came up with an idea, and said: "Go and ask Kanghong Global Insurance to borrow that stock."

  This time he wants to drag Conhong Global Insurance into the water together. If Convoy Global Insurance is not dragged down, Wang Guanxi will never have the opportunity to acquire him, and it must suffer heavy losses.

  Huang Shao asked inexplicably: "BOSS, Convoy Global Insurance is the major shareholder of Asia Financial Holdings. We asked it to borrow stocks to short the market. They must have known it for the first time, and they must be fighting with us in the market."

  Wang Guanxi smiled and said: "I just let them know the first time, and then fight with us in the market, so that we can consume their funds."

  Asia Financial Holdings knows that the Black Shirt Insurance Company is shorting it, and it must mobilize liquid funds to fight against the Black Shirt Insurance Company. Wang Guanxi wants to consume their liquid funds.

  "Yes, BOSS" Huang Shaokai hurriedly returned to the private club, and then found Chu Jianming, chairman of Convoy Global Insurance, who wanted to borrow shares of Asia Financial Holdings.

  Chu Jianming heard it and knew that Huang Shao borrowed the shares of Asia Financial Holdings to short Asia Financial Holdings. Hey guy, how dare he ask him this major shareholder to borrow stocks?

  This shows that it’s just the beginning of the battle.

  The relationship between Convoy Global Insurance and Asia Financial Holdings is very good, and they have been cooperating for many years.

  What is the Hong Kong Black Shirt Insurance Company? If you want to fight, you will fight.

   "Do you plan to borrow 100 million shares?"

  Huang Shao nodded: "Yes, Mr. Chu, if the interest is paid, it will be based on the market interest."

  Chu Jianming waved his big hand: "Okay, I will lend you 200 million shares, do you want?"

  He also holds 200 million shares. If he borrows them, he can earn a lot of interest every day, as long as the Asian Financial Holdings Corporation maintains its share price.

  Then collect interest every day, and at the same time make the black shirt insurance company lose money!

  Huang Shao listened and said: "Mr. Chu, wait a minute, I will consider it."

   "Okay, then you think about it." Chu Jianming smiled, thinking that Huang Shaokai was like a fool.

  So Huang Shaokai called Wang Guanxi.

  Connected, he opened his mouth and said: "BOSS, Chu Jianming said he borrowed 200 million shares for us."

   "Okay, then 200 million shares, let's do it!" Wang Guanxi said: "Lend it now, don't make him regret it"

"Okay, BOSS" followed Huang Shaokai, borrowed 200 million shares, and then signed a special agreement. When the margin of the black shirt insurance company is insufficient, the 200 million shares will be returned to Convoy Global Insurance at the market price. .

  Wang Guanxi felt that the funds were not enough, and he needed to call Feng Shaokun and ask him to loan 200 million Hong Kong dollars to the black shirt insurance company.

  Feng Shaokun said nothing, let Wing Hang Bank loan 200 million Hong Kong dollars to the black shirt insurance company.

  In this way, Wang Guanxi’s black shirt insurance company has collected 800 million Hong Kong dollars.

And Chen Tianqing also learned that Wang Guanxi’s black shirt insurance company was going to short his own Asian finance, and he suddenly laughed: "This kid likes to be short all day, and he is still eyeing Lao Tzu’s company. This time I let the black shirt insurance. The company lost its money"

   Chu Jianming on the side smiled and said, "Brother Chen, don't be careless."

Chen Tianqing laughed and said, "Brother Chu, rest assured, as long as I maintain the stock price, they will be over. Everyone will cut the leeks of the black shirt insurance company. These 200 million shares are worth 1 billion Hong Kong dollars. Let me see how many days they can resist. interest"

   "Haha, too" Chu Jianming collects interest every day.

  Of course, no interest is charged on Saturdays and weekends. It is collected on financial trading days. The daily interest is a considerable income.

  The next day, August 8, Friday.

  Wang Guanxi got up very early and then came to Heiji Insurance Company. Now the headquarters of Heiji Insurance Company is temporarily located at the headquarters of the original Wing Lung Insurance Company.

  After the merger of Catalan Auto Insurance and Wing Lung Insurance, the offices of the five executive directors of Catalan Auto Insurance began to move away from the original office address, which is on the 15th floor of Wing Lung Building.

  Although Wing Lung Bank was acquired by China Merchants Bank, the name of Wing Lung Building has not been changed.

  Because the building can't be used up at all, there are still many companies here.

  Black Shirt Insurance is holding a board of directors.

  Zhang Youde, Mu Honglie, Chen Xuezhen, Wei Weicheng, Huang Shaokai, Wu Zhankun.

  The content discussed at the meeting was to short Asian Financial Holdings.

  Wu Zhankun was very excited. His Wing Lung Insurance Company was shorted by Chen Tianqing, a sinister guy.

  Thinking of this, Wu Zhankun opened his mouth and said: "Just drop the stock price and kill it."

  "It must be broken this time"

  Everyone is discussing the short-selling plan.

  As for the Asian Financial Holding Company, Chen Tianqing also mobilized funds to fight against the Hong Kong Black Shirt Insurance Company at any time.

  Chen Tianqing was very excited at this moment, and Chu Jianming on the side opened his mouth and said, "Brother Chen, crush them this time."

  "Don't worry, no problem"

   "The Black Shirt Insurance Company has lost this time!"

   "I bought it!"

  Looking at the observation deck in the distance, he said to himself: "Wang Guanxi, you robbed Lao Tzu's Wing Lung Insurance before, so you can't stand alone to short me??"

   "Just to beat you down, and then buy the black shirt insurance company!"

The last time Wang Guanxi picked the peaches, he has been unhappy in his heart. Now Wang Guanxi took the initiative to send it to the door. He wanted to take this opportunity to swallow the Hong Kong Black Shirt Insurance Company. As long as the Hong Kong Black Shirt Insurance Company came out with a huge loss, he would buy it himself. That is a safe thing.

  At this moment, Wang Guanxi has come to the meeting room of the black shirt insurance company, and everyone re-arranged the short-selling plan, first smashing the share price of Asia Finance to 3.00 per share.

  In order to keep retail investors from doing bad things.

  First, a rumorous negative news about Asian Financial Holding Corporation appeared in the news media, questioning the fraudulent financial statements of Asian Financial Holding Corporation!

  Retail investors are in a row. It is important to know that many retail investors hold approximately 500 million shares of Asian Financial Holdings.

   And Chen Tianqing holds 300 million shares and is the largest shareholder of Asia Financial Holdings.

  So the stock market opened.

  Black Shirt Insurance Company began to sell shares of Asian Financial Holdings.

  500,000 shares!

  500,000 shares!

  ··

   has been selling!

Many retail investors also followed suit.

  The stock price has dropped from 5.00 yuan per share to 4.00.

  The market is shaking up, and retail investors are amazed and dumbfounded. What happened?

what's happenin?

  ··

  Asia Financial Holding Company, Chen Tianqing looked at all this with a sneer, not in a hurry to make a move.

  Because listed companies are generally unable to buy or sell their own stocks, they can of course also be repurchased, but after repurchasing, they need to cancel their stocks.

  Now that the black shirt insurance company is shorting the Asian Financial Holding Company, they naturally cannot use the method of repurchasing shares to fight against the black shirt insurance company.

  Because the company's funds are used to allow the company to repurchase the stock, the stock is repurchased and then cancelled, and the listed company can only repurchase 10% of the stock every year!

  You must use the distributed profits to buy back stocks!

  Repurchase shares must be cancelled!

  All purchase actions must be made public immediately!

So this time Chen Tianqing and Chu Jianming, two major shareholders, jointly invested 800 million cash of Asia Financial Holdings Corporation into an offshore fund registered as Chen Tianqing’s wife. It is a shell company, called Asia Financial Holdings Fund, to let Asia The financial holding fund used 800 million funds to fight the black shirt insurance company. After the black shirt insurance company was blown up, the money earned and the principal would be returned to the Asian financial holding company.

  The battle between the Asian Financial Holding Fund and the Black Shirt Insurance Company is actually the battle between the Asian Financial Holding Company and the Black Shirt Insurance Company.

  At that time, the black shirt insurance company will not be able to carry it. If the position is closed, then the Asian Financial Holding Fund will also close the position, selling all the shares of the Asian Financial Holding Company, and then all the money made will be given to the Asian Financial Holding Company.

  This kind of operation method is also not in compliance with the regulations. After being discovered, he will definitely be punished severely, but Chen Tianqing and Chu Jianming can't manage that much. They will kill the black shirt insurance company first, and then buy the black shirt insurance.

  Chu Jianming said with some worry: "Old Chen, if we do this, will we be punished heavily?"

  Chen Tianqing said disapprovingly: "What are you afraid of? We are letting the Asian Financial Holding Company invest in the Asian Financial Holding Fund. This is the operation of the Asian Financial Holding Fund with money, and the board of directors unanimously agreed."

  "Fuck the black shirt insurance company first, let's talk about it"

  Chu Jianming nodded: "Okay."

  Looking at the stock price, Chu Jianming said anxiously: “Brother Chen, why haven’t you made a move yet? The stock price has dropped a lot.”

   "This insidious Hong Kong black shirt insurance company actually spread rumors in the media that the assets of the Asian Financial Holding Company were fraudulent, and you can sue them afterwards!"

  Chen Tianqing shook his head: "Don’t worry, Brother Chu, let the stock price continue to fall, and then we can protect the market at 3.00!"

   "Many retail investors will also buy here, so don’t rush"

   "At 3.00 per share, we can eat more shares"

  They have mobilized 800 million funds this time. It is impossible to buy directly at the 4 yuan per share position. He wants to wait for the stock price to drop to 3.00 before buying.

  Chu Jianming: "It makes sense, let's play with them slowly"

  The stock price was still falling, and soon fell to the 3.00 position.

  I have to say that the negative news has played a big role.

After smashing the stock price to 3.00, the Hong Kong Black Shirt Insurance Company stopped selling.

  Retail investors also stopped selling.

  And Chen Tianqing of the Asian Financial Holding Corporation began to buy.

  500,000 shares!

  500,000 shares!

  ··

  In addition to the bottom hunting by some retail investors, the stock price quickly rushed to the 5.00 position!

  Wang Guanxi ordered: "Continue to smash, smash to 3.00 position"

   "Yes, BOSS"

  The black shirt insurance company continues to sell stocks.

   Crazyly smashing the stock price down!

  4.5!

  4.0!

  3.5!

  3.0!

   Then stop!

Today’s retail investors are like playing a roller coaster. Stock prices have soared and plummeted. They lost money for a while and made money for a while. Some regretted making money and did not close their positions. Now they have lost money, and some regretted that they closed their positions when they lost money. Continue to hold it will make money.

  In this way, the Hong Kong Black Shirt Insurance Company is fighting against the Asian Financial Holding Company!

  You come and I go with each other, and the outcome will not be defeated.

  Asia Financial Holdings held the 3.00 position, while the Hong Kong Black Shirt Insurance Company blocked the 5.00 position.

  The stock price today has a huge trading volume.

  The fluctuation is extremely violent.

  Nobody can do nothing!

  The Black Shirt Insurance Company sold out 200 million shares today, and the Asian Financial Holding Company also ate all these 200 million shares.

  The final stock price is fixed at 4.00.

  The average short selling price of the black shirt insurance company is 4.00, and the average buying price of the Asian Financial Holding Company is also roughly at this position.

  "Chairman, we sold out, and they finished taking it, but the stock price only dropped by 1.00 yuan." Huang Shaokai and others looked at Wang Guanxi very puzzled.

  Now 200 million shares have been sold out, and they are out of bullets. How can they still play with Asian Financial Holdings?

  Go to borrow stocks again?

  Wang Guanxi smiled faintly: "It's okay, wait, just wait for a good show."

  At such a high position, Wang Guanxi was very satisfied with shorting 200 million shares. Especially at the high position, it also consumed a lot of funds of the Asian Financial Holding Company, which is very good.

  The main purpose of Wang Guanxi is to consume the cash flow of the opponent.

  At the moment, at the Asian Financial Holdings Company, Chen Tianqing asked the trader: "How many shares did you buy today?"

  "Chairman, bought 200 million shares and consumed 800 million funds" The trader opened his mouth and said, "The company's cash flow has dried up."

   After Chen Tianqing learned that he had bought 200 million shares, he pondered for a while and didn't say anything.

  He didn't expect Wang Guanxi to be so courageous and sell so many stocks today, but he also took it down, let's see who was the one to kill.

Wang Guanxi’s stock was borrowed from Kanghong Global Insurance. It was worth 1 billion at that time, and the daily interest was a lot. Let’s see how long the black shirt insurance company can resist. When the black shirt insurance company closes its position, it needs to be in the market. Buy 200 million shares and return them to Convoy Global Insurance.

   Thinking of this, Chen Tianqing said to Chu Jianming, who was drinking tea next to him: "Brother Chu, this time the Black Shirt Insurance Company is over, we are waiting to acquire it."

  Chu Jianming smiled and said: "Don’t let it die so fast, I just charged one day's interest."

  If the black shirt insurance company closes its position, the stock price will continue to rise. When the margin is insufficient, according to the agreement, these stock prices will be returned to Convoy Global Insurance at the market price.

  At that time, the stocks they hold will increase in value and they will also receive interest.

  That's really cool.

  Especially the Hong Kong Black Shirt Insurance Company had to die and bought it directly at a low price.

  "Let’s acquire it through a joint venture"

"no problem!"

   Honestly, he doesn’t understand why Wang Guanxi and Huang Shaokai are idiots shorting the Asian Finance Corporation!

   "I really don't know what these fools are thinking"

  Chen Tianqing also smiled and said, “I don’t understand either, but these fools are here to send money, so let them send money.”

   "When they can't hold it, they will close their position. I will also close the position when they can't hold it. The 200 million shares they bought can make a lot of money."

   800 million funds were consumed this time, but the bullets of the black shirt insurance company were finally wiped out.

   "Now the black shirt insurance company has no stocks to go short, and the stock price is still high, they are done."

  Chu Jianming echoed: "Yes, I think so too"

  “Those stock prices of retail investors may continue to buy, pushing up the stocks”

   "By the way, clarify the rumors that the financial statements are falsified, and then sue the black shirt insurance company to make them pay hundreds of thousands, even millions."

   "Well, this is not bad." Chen Tianqing then ordered the company's lawyers to sue the black shirt insurance company.

  The barrister’s name is Yin Feihong, a native of Wanshi, and he is 56 years old. He joined the company this year and became an independent non-executive director.

  Yin Feihong is also a certified public accountant in Hong Kong and has more than 30 years of experience in auditing, finance, consulting and management.··

  Yin Feihong confidently said: "Chairman, we must win this time!"

  At 4:30 in the afternoon of the same day, Asian Financial Holding Corporation issued a statement to clarify the rumors of financial fraud and sued the Black Shirt Insurance Company for spreading the rumors of Asian Financial Corporation, demanding compensation of 5 million yuan.

  Wang Guanxi didn’t expect that Chen Tianqing would start a company and have to pay 5 million yuan. Then he would fight and drag you to death.

  The lawsuit is not over yet, I bought you, and the lawsuit is over.

   Honestly, this lawsuit is not good for the black shirt insurance company, but it has to be fought and dragged on.

   So he asked the Black Shirt Legal Co. to deal with the lawsuit from the Asian Financial Holding Company, and at the same time sued the Asian Financial Holding Company for financial fraud.

  At the same time, it continued to acquire media editors, and it was revealed that it was accusing the Asian Financial Holding Company of financial fraud.

  When the two companies reported in the evening news, they were also on the news.

  The media is also reporting.

  【Asian Financial Holding Company vs. Black Shirt Insurance Company】

  In the evening, Wang Guanxi came to the snooker club and played billiards.

  Feng Shaokun asked with a puzzled face: "Guanxi, why did you suddenly go short Asia Financial Holdings? I guess you will lose this time."

  He also looked at the stock price today, Wang Guanxi sold out the stock, and the other party took over 200 million shares.

  The stock price has only fallen to 4.00. If you close the position now, you will have to lose a lot of money.

  Wang Guanxi said indifferently: "It's okay, wait and see, this time I want to eat Asian Financial Holding Company"

  This time he not only wants to make money, but also eats the entire Asian Financial Holding Company, and also drags Convoy Global Insurance into the water.

After all, Kanghong Global Insurance is the major shareholder of the Asian Financial Holding Company, holding 200 million shares. When the stock price plummets, the stocks they hold have also shrunk severely. At that time, Wang Guanxi bought 200 million shares at a very low price. Just give them back.

   "Impossible" Feng Shaokun sighed, "It's different this time. The other party is next. If retail investors are not on your side, how can the stock price fall?"

  Now Wang Guanxi has no stocks to sell, and the retail investors are definitely unreliable. Even if there is a lot of negative news, the retail investors are not fools. They sold all their stocks when they saw the negative news.

  Wang Guanxi smiled and said: "Retail investors will be on my side."

   "Well, I wish you victory" Feng Shaokun was also puzzled.

  However, Wang Guanxi's weirdness is here. He plays cards completely without common sense, so he cannot use common sense to speculate.

  (End of this chapter)