Rebirth of the Financial Crisis Sweeping the World

  Chapter 224 224 Silly Zheng Consortium! 8 billion cash flow is over!

  At the moment, everyone in the black shirt insurance company is very excited.

  The Black Shirt Insurance Company previously shorted 600 million shares of Get Good Financial Group, and the position was opened at around HK$5.00 per share. The current book has a floating profit of HK$1 per share, totaling a floating profit of HK$600 million.

  Huang Shaokai was very excited and said, "Boss, this is simply a surprise!"

  Unexpectedly, when they were preparing to short the New World Development Group, the stock price of the originally powerful Get Good Financial Group was hit hard.

Although    was stabilized at 4.00 Hong Kong dollars per share, it also consumed a lot of funds from Hong Tianwen and others. Such good news is simply not too good!

  Zhang Youde also gloated: "Haha, an institution has sold the shares of Get Good Financial Group on a large scale!"

  This is simply wonderful, there is an institution that has liquidated the stocks of the financial group, and I don’t know which ‘good friend’ it is!

  Wu Zhankun said in a mocking tone: "The grandson Hong Tianwen feels better now, haha!"

  The black shirt insurance company has a lot of grievances with the Get Good Financial Group, and they have been dealing with them all the time.

However, Get Well Financial Group has never suffered. You come and I will make each other’s reputation bad. In the process, Get Well Financial Group has caused huge losses to the Black Shirt Insurance Company. The future premium income is due to Hong Tianwen. This grandson's insidious means has lost a lot.

  You don’t hate Hong Tianwen in your heart. It is fake.

  Wang Juehao also said: "This grandson Hong Tianwen has brought so many families to fight with us in the stock market. This time, they have consumed a lot of funds in forming a financial group, right?"

  It's really a pit to get a good financial group. It fills up a lot of funds from the opponent.

  In his heart, he estimated that at least 5 billion Hong Kong dollars.

   Although there are many other families, the cash flow is not the water coming out of the well. Once it is consumed, it will be fatal to the company of Hong Tianwen and others.

  Bai Weiqiang jumped up in excitement, and said, “This time, the stock of the well-established financial group was suddenly sold by a mysterious institution. This is a great thing.”

  They had a **** battle with Hong Tianwen and others on the tie-up financial group on Wednesday, and they consumed 3 billion Hong Kong dollars in funds, and they were unable to sell the stocks of the tie-up financial group.

  It can be seen how willing Hong Tianwen and others are to spend money to come in and follow them to the end.

  It finally appeared today that financial institutions suddenly sold the shares of Get Good Financial Group.

  The share price of Get Good Financial Group dropped to 4.00. Then Hong Tianwen and others bought so many shares of Get Good Financial Group on Wednesday, and they must have suffered heavy losses.

  Wang Guanxi smiled faintly: “It’s really God to help us. This time Hong Tianwen and the others are trapped with so many funds, the future is dead.”

  He also guessed who was in the liquidation and formed the financial conglomerate. It must be the Hong Kong penny stock king Sun Chuhong he met this morning when he was running near the Taiping Mountain.

  This Hong Tianwen and others are also unlucky, and they have to protect the disk, because if the disk is not protected, then there will be a cascading effect. Why does it have a cascading effect?

  Because the listed companies in these Hong's alliances have mutual shareholdings and cooperative relations, they belong to the grasshoppers on the same boat, and they may also pledge equity to fight the black shirt insurance company.

  If the stock price falls too hard, then the pledged equity is a very dangerous thing.

For example, you pledged 200 million shares at a price of 5 Hong Kong dollars per share, worth 1 billion Hong Kong dollars, and then borrowed 600 million Hong Kong dollars from the bank. When the stock price fell to 3 Hong Kong dollars per share, these 200 million shares It's only worth 600 million Hong Kong dollars.

  When the stock price is less than 3 Hong Kong dollars per share, the bank has to ask you for money.

  It is strange that these Hong Tianwen and others will not die in the future.

  I took a look at the share price of New World Development Group. It has now reached the 41.90 position and will soon reach 42.00 Hong Kong dollars per share.

  Wang Guanxi said: “Be ready to short the shares of New World Development Group under the Zheng Consortium. Once New World Development’s share price reaches 42.00, immediately sell me 2.5 million shares!”

2.5 million shares, which is also worth 100 million Hong Kong dollars. Let the Zheng consortium take a good turn. Now the share price of New World Development Group is still quite high. It is very suitable for the Zheng consortium’s funds to be trapped above 40 Hong Kong dollars. .

  The land and real estate they have hoarded in the mainland, and the real estate projects built have no money to run, or the capital flow is not enough. What should I do if I look at the Zheng consortium at that time? Is it sold out, unfinished, or what?

  Wang Guanxi was really looking forward to it, and then he continued: "This time, the more funds that can be used to entangle the Zheng family consortium, the better."

  "Yes, BOSS" everyone's eyes fixed on the stock price chart of New World Development Group.

  And now the New World Development Group.

  Hong Tianwen, Yuan Kang, Lin Yongfu, Huang Zhida, Huang Zhiyu, Pan Zheng, Luo Yinghui, Zheng Yuanfeng and others also watched the New World Development Group's stock price chart intently.

  Huang Zhiyu, the heir of the Huang’s consortium, couldn’t help saying: “Old Zheng, today’s New World Development Group’s share price was brought up by your previous use of 1 billion Hong Kong dollars. Shareholders, small retail investors, and small institutions are very enthusiastic.”

  "You see, the stock price is about to reach 42 Hong Kong dollars per share."

  Zheng Yuanfeng smiled faintly: “Indeed, investors seem to be quite enthusiastic today. This black shirt insurance company dares to go short, and he must kneel down.”

  Hong Tianwen was still a little darkened because of the previous sharp drop in the stock price of Kie Hao Financial Group. He asked, “Is this black shirt insurance company planning to go short today?”

  Yuan Kang also said: "Haha, I guess this black shirt insurance company is counseled."

Lin Yongfu carefully analyzed and said: "I guess they were actually panicked. They shorted the financial group, Aeon Credit Company, Sino Hotel Group, Sino Land Group, and Taifook Securities. Now all the company’s stock prices have been maintained by us. It did not fall sharply.

  The black shirt insurance company has not withdrawn, so I just figured out that Sun Couhong, the major shareholder of Get Good Financial Group, would sell the shares of Get Good Financial Group, but it was still supported by us.

  Stock price Now the black shirt insurance company estimates that they are completely panicked. Every time they short a listed company, they are trapped in funds.

  Then we cut the leeks and bear high interest every day, and they don’t see the stock price drop. It's strange that they don’t panic in their hearts! "

  Huang Zhida nodded, and said, “Mr. Lin’s analysis is reasonable. This black shirt insurance must be panicked. They want to close the position, but they dare not because there are not many selling orders in the liquidation market.

  If they close their positions, they need to buy the same number of stocks in the market to return them to us, which will cause the stock price to rise sharply. Once they close their positions, they will have to lose a lot of money, and they can only watch the high interest drawn by us every day."

  Huang Zhiyu also smiled: “Although we have bought a lot of stocks and consumed a lot of cash, we don’t need to pay interest. Unlike the black shirt insurance company, they spend at least HK$7.66 million in interest every day.

  I want to see how long this black shirt insurance company can support with the stock price being stabilized by us.”

  Pan Zheng also said: “It’s best to support it for a few months, pay us 500 million Hong Kong dollars in interest and then liquidate the position”

  Luo Yinghui also laughed and said, “It seems that this black shirt insurance company may not dare to go short, Mr. Zheng, this black shirt insurance company is probably really persuaded.”

  Zheng Yuanfeng lightly picked up the teacup, took a sip, and said lightly: "Tell you the truth, our Zheng family can mobilize 8 billion Hong Kong dollars this time.

  Although 1 billion Hong Kong dollars was used up before, there are still 7 billion Hong Kong dollars in cash left here. It’s useless for the black shirt insurance company to jump around.”

Originally, he had mobilized 5 billion Hong Kong dollars in cash, but just now he discovered that there were spare funds in the Zheng consortium. The spare funds belonged to the Chow Tai Fook company, and now they can’t be used. Shirt insurance company.

  I saw New World Development Group’s share price rush to the 42.00 position, New World Development Group’s market value has reached 105 billion Hong Kong dollars, Zheng Yuanfeng's mouth rose up, and he said: “I’m afraid that the black shirt insurance company will not dare to go short!”

  He just finished saying this. The share price of New World Development Group fell by 1 Hong Kong dollar, from the 42.00 position to the 41.00 position, which immediately made Zheng Yuanfeng's face stiff, and then he said loudly: "Come on."

   "Good job!"

  "Buy me immediately and pull the stock price to 42.00. I will eat as much as they come."

  This time, the Black Shirt Insurance Company asked the Zheng family to borrow 100 million shares to short the New World Development Group, which is worth 4 billion Hong Kong dollars.

  He still has 7 billion Hong Kong dollars in funds in his hands, and it is more than enough to slap the black shirt insurance company, which is not knowing the heights of the sky.

  At this time, Hong Tianwen hurriedly said: "Mr. Zheng, why don't we wait until the stock price drops to the 40.00 position before we increase our holdings?"

  He thinks that the black shirt insurance company will definitely smash the stock price, causing the stock price to fall to 40.00 Hong Kong dollars per share, which is also a price support position.

  It’s good for them to increase their holdings here. There is no need to increase their holdings at the 41.00 position. That would simply increase the cost.

  Thinking of this, Hong Tianwen continued: “Mr. Zheng, we will hold on to the 40.00 position, let the black shirt insurance company sell it, we will hold on here.

  You have 7 billion Hong Kong dollars here, and the black shirt insurance company is 4 billion Hong Kong dollars. We are eating the black shirt insurance company to death."

  They have 7 billion Hong Kong dollars of funds here, just stick to the 40.00 position here, which is as stable as gold.

  Don’t let the stock price skyrocket, as that will cause retail investors to worry about it. If large retail investors or small financial institutions are afraid to sell their stocks, they will let the black shirt insurance company take advantage.

  Zheng Yuanfeng smiled and said: "President Hong is really sophisticated and stable, then arrange for Mr. Hong to do what he said, and just add to the 40.00 position."

   Then he said to the trader of the New World Development Group: "Just increase the holdings at the 40.00 position, hold here, let them jump!"

  "Yes, chairman", the traders who originally planned to buy stopped, waiting for the share price of New World Development Group to drop to the 40.00 position.

   Soon the stock price was suppressed by the black shirt insurance company to the 40.00 position!

  The retail investors who bought above the 40.00 position became nervous. Although they will not sell the stock, they have insufficient confidence in the rise of the stock price.

  And the retail investors at the 40.00 position began to close their positions one after another, for fear that the profits in their accounts would disappear, so there were many selling orders at the 40.00 position, which impacted the defense line at the 40.00 position.

  And the traders of New World Development Group started to buy!

  100,000 shares!

  100,000 shares!

  200,000 shares!

  300,000 shares!

  ···

  New World Development Group held on tightly, eating as much as they came, and then they raised the stock price to 42.00, and then stopped buying.

  Black Shirt Insurance Company, Wang Guanxi shouted: "Continue to hit the 40.00 position"

  "Yes, BOSS" traders continue to hit the plate.

  But when it hits the 40.00 position, no matter how it hits, the stock price can’t go down, and the traders of New World Development Group buy a lot.

  When the black shirt insurance company was not short, the stock price once again returned to the 42.00 position!

  Huang Shaokai frowned and said: "This Zheng's consortium is an old tortoise, just sticking to the 40.00 position!"

   Wu Zhankun couldn’t help cursing: “It’s paralyzed, this old tortoise is so hard that it can’t go down at all. Even if it goes down a little bit, they will buy a lot and let the stock price rush up.”

   Zhang Dexi also said: "If they do this, we can only continue to release negative news about New World Development Group."

At this time, Wang Guanxi thought for a while and said, “No, it’s not anxious now. The release will not have much effect. When the release was released on weekends, he accused the Zheng consortium’s New World Development Group of losing money in its investment in the mainland. The chain is broken, it's all unfinished buildings"

  "Yes, BOSS" Huang Shaokai quickly called the financial news editor to arrange a press release.

  At this time, Wang Guanxi continued: "Continue to increase the smash, don't stop, every time 5 million shares, don't they stick to the 40.00 position?"

   "Then we'll finish it all, let them follow!"

   “There must be institutions in the market that want to cash out. Didn’t we ask UBS Bank to borrow 100 million shares of New World Development Group? This UBS bank temporarily returned, obviously not optimistic about the future share price of New World Development Group.”

  "Let those shareholders who want to cash out in the market take a look at the largest shareholder of New World Development Group. The Zheng family is increasing their holdings of New World Development Group shares, and the increase in holdings is very strong. Those who want to cash out can easily cash out."

  "Yes, BOSS" Wu Zhankun and others immediately sold the shares of New World Development Group crazy.

  4 million shares!

  4 million shares!

  4 million shares!

  ···

  The stock price of New World Development Group is like a spring. This spring was hit by a sledgehammer, and then the spring was compressed to the extreme, which was at the 40.00 position, and then it bounced violently.

  Why did it bounce up fiercely, because New World Development Group is buying like crazy!

  But every time it bounced up, at the 42.00 position, he was hit by the black shirt insurance company!

  Both you come and I go, you hit me, I hit!

  The stock price of New World Development Group fluctuates sharply.

  ··

  At this moment, Senior Vice President Casey Entwistle of the Hong Kong branch of UBS (UBS) is sitting in the office here, drinking cat feces coffee.

   Quietly looking at the stock price chart of New World Development Group.

  In the U.S. subprime mortgage crisis, UBS suffered heavy losses, exceeding US$40 billion.

He intends to sell a lot of assets, and Casey Entwistle is responsible for the assets to be sold in the Hong Kong branch. He is carefully screening those assets that should be sold, when and where it is more appropriate to sell, and the other is to sell. What percentage is appropriate.

  After all, when selling assets, such as the stocks of a listed company, UBS will not liquidate all of them.

Yesterday, a Hong Kong insurance company asked them to borrow New World Development Group’s stock price, 100 million shares, worth 4 billion Hong Kong dollars, with an interest rate of 1.5% per month. This is an insurance institution called Black Shirt Insurance intending to short New World Development Group. Development Group.

  At the time, Casey Entwistle’s subordinates agreed, but when he knew about it, he rejected the deal.

  He carefully observed the stock price of New World Development Group this morning and analyzed the potential upside in the future. He felt that there was almost no room for upside.

  Because housing prices in the Mainland are plummeting, housing prices in Hong Kong are also falling, and the real estate market in the United States has collapsed.

  Although New World Development Group has no loss, the rental income and property management fees are still so high. The New World Development Group’s share price has fallen a lot a few months ago and is now very stable.

  But he feels that in the next few months, the share price of New World Development Group will definitely drop to about 20 Hong Kong dollars. He has already planned to sell the shares of New World Development Group.

  However, UBS Group has eaten 127 million shares, and if the stock is cleared, the stock price will fall a lot.

  UBS bought these 127 million shares in April 2007. The average price of opening a position was 35 Hong Kong dollars per share. Therefore, the average position for closing positions was higher than 35.00 per share, so UBS would not lose money.

  However, this time the clearance of New World Development Group, Casey Entwistle intends to make some money. After all, after holding it for a year and a half, it is impossible to leave the market with a guarantee. This transaction was done by him personally.

  At that time, in 2007, he saw that New World Development Group had a very good performance and dividends, so he bought 127 million shares and enjoyed dividends and appreciation.

  Now it's time to close the position, but the average price of closing the position, he thinks it must be above 38.00.

  So he has been waiting for the opportunity.

  Now the opportunity is here.

  Today, the share price of New World Development Group was shorted, and the major shareholder of New World Development Group, the Zheng family, is maintaining the stock price, which has been maintained above 40.00.

  Kathy Entwistle put down the coffee cup, then opened the stock account, and began liquidation.

  Since the Zheng family is such a strong guard, then it happens to be cleared for him, and he is not welcome.

  5 million shares!

  5 million shares!

  5 million shares!

  ``

  Kathy Entwistle sold very fiercely!

   Suddenly Wang Guanxi of the black shirt insurance company noticed something was wrong!

  Because the stock price of New World Development Group is out of talk, it affects the short selling of the black shirt insurance company!

  “Some institutions are also selling shares of New World Development Group”

   "Bad son, destroy our plan"

  "We haven't sold out yet"

  Now they still have 50 million shares not sold off!

  ··

  Wang Guanxi hurriedly said: “Increase the selling, and it’s okay to drop the stock price!”

   "Yes, BOSS!"

  5 million shares!

  5 million shares!

  ··

  The people of New World Development Group felt very stressed.

  A trader opened his mouth and said: "The chairman sold a lot, and now we can’t hold it anymore."

  "Do you want to continue to increase your holdings here?"

  Zheng Yuanfeng said: "Continue to buy!"

  "6 million shares at a time"

   "Yes, Chairman!" Everyone continued to buy!

  Buy a lot!

  But the stock price is still falling!

  Because there is too much selling!

  6 million shares!

  ··

  7 million shares!

  ··

  8 million shares!

  ··

  Useless New World Development Group’s share price has been falling!

   fell below 39.00 Hong Kong dollars per share!

   fell to 38.00 Hong Kong dollars per share to end!

  At this moment New World Development Group.

  Zheng Yuanfeng furiously said: "I told you to buy it, what's the matter, continue to buy it!"

  A trader hurriedly said: "Chairman, we have bought more than 170 million shares."

  "Chairman, the 7 billion Hong Kong dollar funds have been exhausted"

   Zheng Yuanfeng's face suddenly became horrified when he heard it, and his back was cold in TM!

  The 7 billion Hong Kong dollars cannot be defended!

  Does this black shirt insurance company borrow more than 100 million shares of New World Development Group?

  How is this possible?

  Is there so much liquidity in the black shirt insurance company?

  Others are also shocked!

  7 billion Hong Kong dollars of funds can not be protected?

  This is weird!

  How many stocks did the black shirt insurance company sell?

  Isn’t this black shirt insurance company borrowing 100 million shares of the Zheng family?

  To sum up, the Zheng family spent HK$8 billion to protect the disc today. What happened?

  The stock price fell to the 38.00 position!

  This is simply unimaginable!

  Zheng Yuanfeng gritted his teeth and said: "This black shirt insurance company is really rich. It actually shorted so many shares!"

   "This is at least 170 million shares or more"

"Son of a bitch!"

  This time, the working capital of the Zheng consortium is also in short supply, but fortunately, the normal operation of the consortium will not be affected.

  The black shirt insurance company spent so much money to short New World Development Group, which Zheng Yuanfeng did not expect!

  The trader asked: "Chairman, do we have to mobilize group funds to raise the stock price?"

  Sweating on his forehead, Zheng Yuanfeng said, “I don’t need it for the time being. The black shirt insurance company is probably also sold out, so let’s do it.”

  ··

  At this moment, the Hong Kong branch of UBS, Casey Entwistle saw that New World Development Group’s share price had fallen to HK$38.00 per share and stopped selling.

   just sold 75 million shares.

  There are 55 million shares left, so let's keep it temporarily.

  75 million cashed out 2.925 billion Hong Kong dollars, which is not bad.

  Blackshirt Insurance Company, this time all 100 million shares have also been sold out. The average position of opening positions is 40.00 Hong Kong dollars per share, which is a temporary profit of 200 million Hong Kong dollars.

  Huang Shaokai asked: "BOSS, who on earth was selling with us just now?"

  Wang Guanxi said indifferently: “Did you not ask UBS to borrow 100 million shares before, did the other party regret it temporarily?”

   Wu Zhankun said excitedly: "Yes, it is estimated that UBS saw us fight the New World Development Group, and then they took the opportunity to cash out at a high position!"

  Zhang Dexi also laughed: "Haha, this time the Zheng consortium was trapped by at least HK$7 billion in cash flow today."

  Wang Juehao was also very excited: "The cash flow of 7 billion Hong Kong dollars is trapped. If the Zheng consortium encounters any problems and lacks cash flow, then they will have to sell their assets frantically to save themselves."

  Bai Weiqiang also laughed: "Haha, they think they are looking at our black shirt insurance company. To be honest, I am also looking at the New World Insurance Company under the New World Development Group."

  (End of this chapter)