Rebirth of the Financial Crisis Sweeping the World
Chapter 172: 172 directly smashed 350 million to win!
Chapter 172, 172 directly smashed 350 million to win!
Thinking about it, Wang Guanxi continued: “On Friday, sell CNOOC, Sinopec, and PetroChina, and keep Penguin Group and BYD Auto first.”
"Yes, BOSS" Huang Shaokai hurriedly went to do it.
CNOOC, Sinopec, and PetroChina are all stocks with good value, and they can still pay dividends frequently, but if the BOSS says to sell, then sell it.
After Huang Shaokai left, Wang Guanxi leaned on the sofa to drink tea.
Now that the black shirt insurance company has 10 cash flow, it can continue to acquire and grow.
It is time to mobilize funds to short US listed companies, such as shorting Lehman Brothers, which will go bankrupt in the future, before the financial crisis, and short American International Group (AIG), which is almost bankrupt.
What about giant financial institutions?
What about trillions of dollars in assets?
Still bite a piece of meat from you.
At this time, a piece of news came out.
【Convoy Global Insurance Company will be subject to review by the China Securities Regulatory Commission or forced acquisition due to a huge loss of 7 billion yuan】
[Convoy Global Insurance Co., Ltd. has been drew 500 million Hong Kong dollars from Kie Hao Credit Co., Ltd., and is in a lawsuit]
Wang Guanxi knew that the opportunity was here.
He immediately called Chu Jianming, chairman of Convoy Global Insurance, but he couldn't get through.
So Wang Guanxi asked Huang Shaokai to contact him.
"Yes, BOSS, I will go to Convoy Global Insurance immediately, then Chu Jianming should be at the company" Huang Shaokai hurriedly left after saying.
In the past few days, Chu Jianming has been in a state of exhaustion.
Before the Bank of California, the First National Bank of Nevada, and the First Heritage Bank of California suffered heavy losses. The loss reached nearly 600 million US dollars, which is more than 4.6 billion Hong Kong dollars.
There is also a loss of 800 million Hong Kong dollars in the shares of the Asian Financial Holding Corporation. Recently, it lost 5.4 billion Hong Kong dollars, and the company’s assets have shrunk seriously.
In addition, another American bank went bankrupt recently, Florida's first priority bank!
Small bank, but the market value has always been high. In 2000, Chu Jianming privately spent 20 million US dollars to buy 10 million shares near 2.00 US dollars per share.
The stock price rose to 15 yuan per share. These 10 million shares are worth 150 million U.S. dollars.
As a result, Florida First Preferred Bank went bankrupt and its stock price plummeted, leaving USD 0.15 per share.
He cleared the position, and the clearance position was 0.6 US dollars per share, only to get back 6 million US dollars.
This time he personally lost 94 million US dollars.
Of course, when he had to calculate, he just lost 14 million US dollars.
But after investing for so many years, it is worth 150 million US dollars, but suddenly there is nothing left, and Chu Jianming's inner gap is huge.
It turned out that he was going to cash out, get 150 million US dollars, and then take it back and continue to inject capital into his Convoy Global Insurance Company.
Unexpectedly, he just got back 6 million U.S. dollars, which utterly **** him off,
This time Convoy Global Insurance Company lost so much money. At the company’s general meeting of shareholders, those shareholders planned to drive him out of Convoy Global Insurance Company.
Among them are Hong Tianwen, chairman of Get Good Financial Group, and Lu Yinhe, chairman of Galaxy Entertainment Group.
Everyone used to have a good relationship and they were still friends.
Now after this huge loss, the two have turned their faces and refused to recognize him. They want to kick him out of the game, acquire Convoy Global Insurance Company, and continue to smash the stock price.
"Hong Tianwen, Lu Yinhe, you two bastards, you stabbed a knife behind your back!"
The original market value of Convoy Global Insurance Company was 7 billion, the stock price was 7.00 yuan per share, and the total share price was 1 billion Hong Kong dollars. Because of the huge loss, the stock price fell to 1.5 yuan per share.
Everyone is madly cashing out stocks, and everyone has suffered very serious losses, including himself, who holds 40% of the shares of Convoy Global Insurance.
Originally, Convoy Holdings Insurance Company owed HSBC a HK$500 million loan, and HSBC began to draw loans.
But the company has no cash flow.
So Hong Tianwen, who had formed a good relationship with the financial group, and Lu Yinhe, the chairman of Galaxy Entertainment Group, arranged a bureau for him.
That is to pledge the company’s equity to the Jiehao Credit Company, a subsidiary of the Jiehao Financial Group, with a loan of 500 million Hong Kong dollars, and then return it to HSBC.
It would be okay for the stock price to remain at 1.5 yuan per share, but now the stock price has fallen into **** and has fallen to 0.60 per share.
Originally the stock price should be higher than 1.00 yuan per share, but Lu Yinhe and Hong Tianwen have been hitting the stock price.
Because of the formation of the financial group, Galaxy Entertainment Group is a shareholder of Convoy Global Insurance Company, and has a lot of stocks in his hands. During the period, he kept using panic to drop the shares of Convoy Global Insurance Company to 0.5 position.
Retail investors will not buy, they will only sell.
This is over. The equity that was previously pledged to Get a good credit company, now that the good credit company has to take back the loan and take the company away!
Giehao Financial Group also claimed to give a purchase price of 100 million yuan!
That is to drop the stock price to 0.1 yuan per share, and then delist!
is simply a bastard.
Two days ago, he himself mortgaged several of his houses, collected 100 million Hong Kong dollars, and increased his holdings of Convoy Global Insurance at an average price of 1.00 yuan per share, and bought 100 million shares!
Own shares have changed from 300 million shares to 400 million shares, occupying 40%!
But there are too many people selling stocks, and retail investors are selling the most aggressively.
He was trapped.
And it's very deadly.
Other shareholders have begun to turn their backs.
Hong Tianwen, Lu Yinhe opposed any decision he made to save the company on the board of directors, just to make the company into a desperate situation!
Now he doesn’t know what to do!
Continue to carry on, Convoy Global Insurance Company will be auctioned off and be taken over forcibly by knot good credit.
If Convoy Global Insurance Company is really acquired by the Get Well Financial Group for 100 million Hong Kong dollars, then his 40% of the shares will only be 40 million, which is a miserable loss for him.
"Oh, it's over"
Now he has nothing to do. The mortgage of his house was finished, just to increase his holdings of Convoy Global Insurance Company’s shares. However, he never thought that Hong Tianwen and Lu Yinhe had set up a joint venture to pit him. Get a good credit to draw a loan, take the company away!
is simply a bastard!
Losing these years, he has been paying dividends and dividends, how much money has he distributed to them?
Because both of them are major shareholders, Convoy Global Insurance has also sent a lot of benefits to the two companies.
But these two **** are wealthy wolves who can't eat enough.
The thing that scares him the most is that Convoy Global Insurance Company is already insolvent!
Holdings of a large number of real estate properties are shrinking, Standard Chartered Bank stocks are also falling, as well as China Resources Cement in the construction industry, and China Resources Beer in the food industry. These stocks are all falling.
The stocks of American companies, not to mention, bankruptcies, bankruptcies, bankruptcies, and stock prices plummeted.
Is the company really going to die?
was acquired by 100 million Hong Kong dollars?
Chu Jianming leaned in the boss chair in despair, looking at the ceiling helplessly.
At this time, the office door opened, and Hong Tianwen and Lu Yinhe came in aggressively with a group of high-level shareholders.
Chu Jianming was so scared that he sat up straight and asked, "Why did you come in?"
Hong Tianwen said: "Old Chu, I will give you three days in the end. If you don’t get the 500 million loan from the Credit Co., Ltd., we will take the entire company."
Lu Yinhe also opened his mouth and said: "Old Chu, admit defeat, and give you an M&A price of 200 million Hong Kong dollars."
"You own 40% of the shares, and you can get 80 million Hong Kong dollars"
Chu Jianming scolded: "I just let the company go bankrupt, and I won't let you buy it like this!"
"You two bastards, you actually united to shame me and set me up!"
When HSBC came to take out loans before, because there was no cash flow.
And Hong Tianwen and Lu Yinhe fooled him to mortgage the company to the Get Good Credit Company under the Get Good Financial Group for a loan of 500 million Hong Kong dollars.
Still interest-free!
So he didn’t think much about it, so he pledged the shares of Convoy Global Insurance Company.
The mortgage price is 1.5 yuan per share, and 60% of the equity of Convoy Global Insurance Co., Ltd. is mortgaged to Get Good Credit Company!
But never thought that this is a huge pit, a game specially set for him.
Hong Tianwen and Lu Yinhe jointly smashed the stock price to 0.5 yuan per share, resulting in the 60% equity of Convoy Global Insurance Company is only worth 300 million Hong Kong dollars!
Convoy Global Insurance Company owes 500 million Hong Kong dollars in credit, so Get Good Credit has to take over 60% of the shares of Convoy Global Insurance and collect 200 million Hong Kong dollars in debt!
is simply a bastard!
Hong Tianwen thought for a while and said: "Old Chu, don't blame us, you are responsible for all this."
Lu Yinhe: "You made Convoy Global Insurance Company lose so much money. The stock price plummeted from 7.00 to 1.50. We also lost a lot of money."
“Now we don’t think you are suitable for chairmanship, and we now have the right to take away Convoy Global Insurance Company”
Hong Tianwen also opened his mouth and said: "Yes, Lao Chu, accept your fate. Looking at the friendship in the past, I will give you a purchase price of 200 million. If you hold 40% of the shares, you can get 80 million Hong Kong dollars."
"And you can't resist, your house is mortgaged, you have no money"
"Accept your fate"
Chu Jianming scolded: "Now Convoy Global Insurance Company is still worth at least 1 billion Hong Kong dollars. If you didn't suppress the stock price, the stock price will now be above 1.00!"
"You want to use a price of 200 million Hong Kong dollars, take away the company of 1 billion Hong Kong dollars, dream!!!"
Hong Tianwen sneered: "You have caused us to lose so much money. By doing this, we also make up for our loss in Convoy Global Insurance Company."
Lu Yinhe also said: "Old Chu, don't struggle, it's useless"
This time the Bank of California, the First National Bank of Nevada, the First Heritage Bank of California went bankrupt, and Asian Financial Holdings was acquired, resulting in a huge loss for Convoy Global Insurance.
As the major shareholder of Convoy Global Insurance Company, they also lost a lot of money.
But at a price of 200 million Hong Kong dollars, they bought Convoy Global Insurance Company worth 1 billion Hong Kong dollars, and they can still make up for a lot of losses.
In addition, Get Hao Financial Group is just about to enter the insurance industry. Once the two of them are combined, Chu Jianming will set up a bureau!
Although the current share price of Convoy Global Insurance Company is 0.5 yuan per share, it was caused by their suppression.
If they don’t hit the market and don’t toss Convoy Global Insurance, the stock price should rise to 1.00.
"After three days, we will take away the company!"
“Today’s M&A price is 200 million yuan, and three days later, the M&A price is 100 million yuan”
"The stock price will still fall, eventually falling to 0.10 yuan per share, I can assure you!"
After speaking, the two of them left with someone.
Chu Jianming's face was ashen, angry, and unwilling, but there was no other way but to watch all this happen.
He is looking forward to dragging on, he can go to court, and he can wait for the stock price to rise to 1.00.
You can wait for retail investors to be optimistic about the shares of Convoy Global Insurance Company, as long as the stock price rises to 1.00 yuan per share, then the company will be confiscated with the company.
At this time, his secretary walked in, "Chairman, there are guests asking for a meeting."
"Who?" Chu Jianming shut down because he was pressured and harassed by small shareholders before.
"Huang Shaokai, CEO of Black Shirt Insurance Company", the secretary said, "He has already gone downstairs in the company, and he said he has urgent matters to discuss with you."
Chu Jianming thought for a while and said: "Let him come in"
Soon Huang Shaokai came to Chu Jianming’s office and said enthusiastically: "Brother Chu, you seem to have encountered a lot of trouble recently."
Chu Jianming naturally knew that Huang Shaokai was not a good product either. His name was Brother Chu, which made him even more afraid, a guy who cannibalize people without spitting out bones.
So he bluntly said: "Let’s talk about it, Mr. Huang, what is your urgent matter to talk to me?"
Huang Shaokai brought Wang Guanxi’s words.
"Mr. Wang, want to buy your company, the price is good to discuss"
Chu Jianming shook his head: "I'm sorry, Mr. Huang, I don't plan to sell the company yet"
Huang Shaokai also cannibalize people without spitting out bones.
I suffered a big loss from the group of Black Shirt Insurance Company last time at Asia Financial Holdings.
Especially Huang Shao opened this mouthful of Brother Chu, listening to it made Chu Jianming's heart hairy.
Huang Shaokai smiled and said: "Brother Chu, why are you doing this? You can't stop the company from being acquired in the end."
"We will give you a reasonable price!"
Chu Jianming asked: "What price?"
Huang Shaokai: "We value Convoy Global at 500 million and use HK$200 million to buy 40% of your shares."
When Chu Jianming heard this, he was stunned, but his inner expectation was 400 million Hong Kong dollars, because Convoy Global Insurance Company should be worth 1 billion Hong Kong dollars.
Huang Shaokai’s overweight is twice as small, but it is also much better than Hong Tianwen and Lu Yinhe who only gave him 80 million.
But 200 million Hong Kong dollars is too little, far less than his inner expectations.
"No, 200 million Hong Kong dollars is too little, I want 400 million Hong Kong dollars, this is my bottom line"
Huang Shaokai persuaded: "Brother Chu, I can only give you this price, and then you can only watch Conhong Global Insurance Company being taken away by the Jihao Credit Company."
Chu Jianming gritted his teeth and said: "350 million Hong Kong dollars, this is my bottom line. If you don’t agree, I have to go to Jiehao Credit."
Huang Shaokai then said: "Brother Chu, I want to call Mr. Wang"
The original plan was 200 million to 300 million Hong Kong dollars to win Chu Jianming, but he did not expect that Chu Jianming was not a fool.
Then Huang Shaokai called Wang Guanxi and said something.
Wang Guanxi agreed to a price of 350 million!
However, after taking Convoy Global Insurance, he will face crazy revenge from the two big brothers in Hong Kong, but he doesn’t care!
And Huang Shaokai quickly called Chu Jianming and said, "Mr. Wang agreed."
Chu Jianming said: "I want to talk to Mr. Wang personally. There are some things that must be clarified."
"Okay!" Huang Shaokai called Wang Guanxi.
(End of this chapter)
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