Rebirth of the Financial Crisis Sweeping the World

  Chapter 171 171 Assets increase by 1 billion in cash flow!

  Next, Wang Guanxi checked the details of the 3.95 billion financial assets in the property room.

  There are also a large number of portfolio bonds.

  There are still tens of millions of dollars in these bonds. Some of them have defaulted. The current value is very, very low.

  For example, California bank stocks and underwritten bonds.

  It was originally $300 million, but the Bank of California went bankrupt, and now these assets are basically worthless.

  There is also a portfolio of USD 13 million that has not yet defaulted.

   is mainly from Washington Mutual Bank.

  All packaged together, let's sell it.

  Thinking that Wang Guanxi’s side was facing Huang Shao and said: "Go to successive buyers, pack all these portfolio bonds and sell them, don’t keep them at all."

  "Yes, BOSS" Huang Shaokai hurried to contact the buyers.

   Then Wang Guanxi walked out of the property room and came to the meeting room.

  Chen Tianqing left, but the executives of Asian Financial Holdings were still there.

  Wu Zhankun and others have fired Chen Tianqing’s lover, the company’s secretary and assistant to the chairman, Jiang Yuhua.

  There are also friends of Chen Tianqing, Sun Liang Lichang, and Li Gao Yingyi.

   and Chen Tianqing’s distant cousin Zhou Shuxian were also fired.

  There are currently five executives.

  Wang Juehao is the vice president and executive director of Asian Insurance Company. He has extensive experience in the insurance industry and has worked in the company for more than 10 years.

  Kawauchi Yuji, graduated from the Faculty of Law of Tokyo Metropolitan University, once worked for Yasuda Fire & Marine Insurance Co., Ltd., and is currently the vice president.

  Ogura Satoru, graduated from the Law School of Nagoya University as the general manager of the business department.

  Huang Jiajiang, has more than 25 years of experience in auditing, commercial finance and accounting affairs, and is currently the financial director.

  Hong Kong Black Shirt Insurance Company and Asia Financial Holding Company will merge together. Everyone is facing the problem of staying and staying, and all of them look nervously at this mysterious boss.

  Wang Guanxi said lightly: "You four are old people in the company. You can stay or leave."

  "The treatment left behind is still the same"

   "No one has left, just serve as executive directors of the company. In the future, the company will become bigger and bigger, and you will be used too"

  "Go to work now"

  "Yes, boss" everyone quickly reviewed their posts.

  At this moment, the black shirt insurance company also has four more executive directors. These people are all practical talents, which is not bad.

  With the gradual expansion of the company, Wang Guanxi needs more horses to work.

  Next, the barrister of Asia Financial Holdings, Yin Feihong, the head of legal affairs, came to Wang Guanxi.

  Wang Guanxi asked: "Lawyer Yin, are you still in a lawsuit now?"

  This guy has been suing the black shirt insurance company these days. Wang Guanxi wanted to see him, so he asked him to come to the office.

  Yin Feihong sweated on his forehead, and smiled awkwardly: "I didn't expect the company owner to change so quickly. Now the lawsuit has been withdrawn."

  Wang Guanxi smiled: "Take a few of your hands to the Black Shirt Legal Affairs Company to report. You are in need there. You will serve as the executive director of the Black Shirt Legal Company in the future, with an annual salary of 750,000, plus bonus."

   "Yes, boss!" After a few brief words, Yin Feihong took a few of his subordinates and hurriedly reported to the Black Shirt Legal Affairs Company.

  Drinking a cup of tea, Wang Guanxi stood on the 16th floor of Global Building, overlooking the streets of Central through floor-to-ceiling windows.

  "Asia Financial Holdings won, and Convoy Global Insurance Company is next"

  This time I won the Asian Financial Holdings Company. After digesting it, Convoy Global Insurance Company is the next step.

  Before the financial tsunami, the black shirt insurance should continue to grow.

  Then sell off all the financial assets of the insurance company, mobilize a large amount of cash flow, and use it to short American banks.

  But now is not the time to sell all financial assets, because before the financial tsunami, many stocks still have room to rise.

  Next Monday, when the stock market opens, it is the time of the stock exchange. At the same time, the cash is mobilized to prepare for the acquisition of Convoy Insurance Company.

  Thinking about it, Wang Guanxi continued to check the financial assets on the balance sheet. Except for the portfolio bonds that will be sold, the rest are in the form of stocks.

  Not only the stocks of Hong Kong listed companies, but also the stocks of Japanese benzene listed companies, the stocks of Singapore listed companies, and the stocks of US listed companies.

  Many insurance companies like to invest in global stocks.

  Currently, Black Shirt Insurance Company holds shares of Penguin Group, BYD Electronics, BYD Auto, CNOOC, Sinopec, and PetroChina among the listed companies in Hong Kong.

   Among them, BYD Electronics takes a lot of it, holding 150 million shares, and is losing a lot of money. If BYD Electronics' stock does not rise, Wang Guanxi will not be replaced immediately.

  A listed company in Japan Benzene, owns shares of Keyence and shares of Sony Group.

  Singapore listed companies, DBS Bank stocks, Singapore Power Group stocks.

  Listed companies in the United States, including Citibank, Wells Fargo, and Bank of America (Bank of America) stocks.

   If all calculated in Hong Kong dollars, it is worth 3.85 billion Hong Kong dollars.

  However, it is necessary to exchange shares. Sell the stocks of companies that are not of good quality and buy stocks of listed companies of good quality.

  On Sunday, Huang Shaokai found a buyer, Value Partners Group, CEO, Xie Qinghai, and spent 100 million Hong Kong dollars to buy all the Wall Street portfolio bonds of the Black Shirt Insurance Company.

  This is really good. It has increased the liquidity of the black shirt insurance company by 100 million Hong Kong dollars, and the cash flow has reached 700 million Hong Kong dollars.

  At night, Xie Qinghai, Huang Shaokai and Wang Guanxi dine together.

  Value Partners Group, with a current market value of over 7 billion Hong Kong dollars, manages many client assets, manages assets for clients, and realizes asset preservation.

  It is a Hong Kong investment holding company mainly engaged in asset management business.

  Operates through two major divisions. The Asset Management Division is engaged in providing investment management services for investment funds and managed accounts. Its management returns are biased towards long-term funds, long- and short-term hedge funds, fixed-income products, exchange-traded funds and quantitative products.

  The micro-loan segment is mainly engaged in micro-loan business to collect interest income and administrative income.

Xie Qinghai is the chairman of Value Partners Group and concurrently serves as CEO. This time he bought the portfolio bonds of Black Shirt Insurance at a very favorable price. The Black Shirt Insurance Company, with a lot of cash, can invest in his Value Partners Group. Their customers.

  Because Value Partners Group’s main business is asset management, the clients it faces are financial institutions, insurance companies, pension funds, and wealthy individuals, who manage their assets.

  The behind-the-scenes boss of this black shirt insurance company is so young that even geniuses like him Xie Qinghai have to look at him differently.

  "Mr. Wang, he is really a young hero."

  Wang Guanxi said lightly: "Mr. Xie, is also a financial legend"

  "Haha, I'm overwhelmed." Xie Qinghai smiled and said: "The era of your young people is doomed in the future."

  "In the future, we can cooperate more. If we have any good assets and stable income, we can sell it to me"

  He really likes those bonds with stable yields, which are higher than the bank interest rate, that is, they are earned and worthwhile.

   "Haha, well, we look forward to working with Mr. Xie" Wang Guanxi smiled.

  Then the two began to fool each other. Xie Qinghai wanted Wang Guanxi to invest in his company, and Wang Guanxi fudged Xie Qinghai to use the funds of four individuals to make the Hang Seng Index.

  Wang Guanxi smiled and said: "I just made a dip in the Hang Seng Index and made 1.5 billion Hong Kong dollars."

  In fact, he made 1.5 billion Hong Kong dollars by short selling, deliberately saying that he was long the Hang Seng Index these days.

To be honest, he focused on Value Partners Group, a well-known asset management company, which is still listed and has always been stable. Although the financial tsunami has hit it a lot, it will not cause it to fail or cause a major crisis. Xie Qinghai The investment is very conservative and basically does not invest in stock index futures, these high-risk varieties.

   "Oh? That's amazing." Xie Qinghai was surprised.

  Wang Guanxi smiled and said: "Mr. Xie, your investment is too conservative. If you are more courageous, with your investment level, you will become a super rich in minutes."

  “The Hang Seng Index can make money easily recently”

Recently, the Hang Seng Index has not risen and reached the position of 21100. Wang Guanxi has locked up his position. He holds 10,000 short orders and 10,000 long orders in his account. The floating profit is 1.5 billion Hong Kong dollars. There is no change. The net value of the account is 1.7 billion. Hong Kong dollar, he intends to wait for the Hang Seng Index to rise to the 21,400 level, release his position and close the 10,000-hand long list.

  Thinking of this, Wang Guanxi continued to fool around how to make big and quick money.

  Xie Qinghai was really moved by Wang Guanxi's words, and he was very greedy.

  To be honest, his Value Partners Group is a family business, which has been in business for many years. It is doing asset management business, helping the wealthy, insurance companies, pensions and these clients take care of their assets, and then collect management fees.

  At the same time, it also does some private equity and credit business.

  To be honest, the company’s market value is high, but the company’s one-year income and dividends are not very much to him.

  And a guy like Wang Guanxi, who makes trouble on the Hang Seng Index, makes so much money, it really makes him envious.

  Although Wang Guanxi’s worth is not much, less than half of his worth, Wang Guanxi is young, energetic, and adventurous. He makes a fortune so fast and makes a lot of money. It’s not like he has to accumulate slowly.

   Honestly, he also wants to make quick money.

  Talking and chatting, getting better.

  After dinner, Xie Qinghai said: "Maybe I should try the Hang Seng Index too"

  Wang Guanxi smiled and said: “In the future, I still think that the Hang Seng Index will continue to rise, even if it plunges for a while, it will eventually rise more back.”

  Xie Qinghai smiled and said, "I think so too"

  August 18th, Monday.

  The stock market opened and the stock market was rising. At the end of the morning, the black shirt insurance company emptied the shares of Keyence, Sony Group, DBS Bank, and Singapore Power Group, and then converted them into Hong Kong dollars.

  In the afternoon, the funds from the Black Shirt Insurance Company were used to buy BYD cars.

  The stock market is on the rise today. Penguin Group, BYD Electronics, BYD Auto, CNOOC, Sinopec, and PetroChina have all risen a lot, adding a lot to the assets of the black shirt insurance company.

  The U.S. stock market opened in the evening, and the stock market was also rising. The black shirt insurance company also liquidated the stocks of Citibank, Wells Fargo, and Bank of America, and then converted U.S. dollars into Hong Kong dollars.

  The next day, August 19, Tuesday, the Black Shirt Insurance Company used the funds to buy shares in HSBC and BYD Auto.

  Before, BYD Auto’s stock fell very poorly, dropping to just under 6.00 Hong Kong dollars, but recently rebounded and rose very strongly, all rising to 10 yuan per share.

  The share price of BYD Electronics also rose a lot, among which the black shirt insurance company chased the rise.

  This share swap has increased the financial assets of the Black Shirt Insurance Company to HK$4.6 billion.

  Total assets are 9.8 billion, liability reserves are 4.5 billion, current cash is 700 million, and financial assets are 4.6 billion.

  Debt is 9.2 billion, of which China Merchants Bank loan is 500 million.

  Net assets of 600 million yuan.

  The stock price has been rising in the last two days. In particular, the share price of BYD Auto has risen sharply, bringing the net assets of the black shirt insurance company to 600 million Hong Kong dollars.

  Of course, the share price of BYD Electronics has also risen for two consecutive days. The share price has reached 2.00 yuan per share, and the black shirt insurance company holds 150 million shares, worth 300 million Hong Kong dollars.

  Wang Guanxi intends to sell the shares of BYD Electronics, but he does not want to sell them on the market, because this will cause the stock price to fall, and it will certainly not sell for 300 million Hong Kong dollars.

  So Wang Guanxi called Huang Shaokai and Wang Juehao.

  "Go find a buyer and sell BYD Electronics' stock at the market price"

  "By the way, you can contact American Fidelity Investment Group"

  When Wang Guanxi shorted the shares of BYD Electronics Group before, the Hong Kong branch of the US Fidelity Investment Group had been increasing its holdings of BYD Electronics’ stocks.

  Now selling to them, it’s easy to think about it,

  “It’s the BOSS” Huang Shaokai and Wang Juehao went to do it immediately.

  At the weekend, Huang Shaokai found a buyer, FMR, the Hong Kong branch of American Fidelity Investment Group!

  Black Shirt Insurance Company sold all shares of BYD Electronics at market prices to Fidelity Investment Group of the United States.

  Wang Guanxi knew that BYD Electronics’ stock price would continue to fall to a very low level, and then be down for several years, so he sold it.

  And the American Fidelity Investment Group is also very willing to continue to buy BYD Electronics shares at this price.

  So it’s a hit!

Si Xiuliang, the vice president of FMR Hong Kong branch, is also pleased with this transaction. These 150 million shares save him from continuing to buy on the stock market, causing the stock price to rise more and the cost of opening a position.

  And the black shirt insurance company sold him directly at the market price, which was really good.

  300 million Hong Kong dollars capital is a trivial matter. FMR Hong Kong branch shorted 1 million Hang Seng Index, and the floating profit exceeded 80 billion Hong Kong dollars. This 300 million Hong Kong dollars is simply a drop in the bucket.

  "President Huang, happy cooperation"

  "Happy cooperation, Director-General" Huang Shaokai didn't stay in FMR Hong Kong branch for long before leaving.

   returned to the black shirt insurance company to report the transaction to Wang Guanxi.

   "Well Si Xiuliang" Wang Guanxi was impressed. He shorted BYD Electronics three times before, and then Si Xiuliang was increasing his holdings of BYD Electronics and became a high-ranking player.

  This time we cashed out 300 million Hong Kong dollars in cash.

  Now, the cash flow of the black shirt insurance company is as high as 1 billion Hong Kong dollars, and its financial assets have shrunk to 4.3 billion Hong Kong dollars.

   is great!

  (End of this chapter)