Rebirth of the Financial Crisis Sweeping the World

Chapter 247: 247 net worth 5 billion Hong Kong dollars, Luo's daughter jealous

Chapter 247 247 net worth 5 billion Hong Kong dollars, Luo's daughter cried with jealousy!

At 1:30 in the afternoon, Wang Guanxi received a call from Pastor Brandt, the executive director of the Black Shirt Insurance Company.

Pasto Brandt was the chairman of the former Hong Kong Lehman Brothers branch. After Lehman Brothers went bankrupt, he recruited Lehman Brothers talents.

Ryan Smith, the former head of the investment banking department of Lehman Brothers, has been persuaded by him to come to Hong Kong from the United States, and he also brought his own horses.

"BOSS, Ren Smith has arrived at the company headquarters"

"Well, very good, I will go to the company now." Wang Guanxi is very happy. These are all capable horses. They also have contacts on Wall Street and know many people. Wang Guanxi hired him at a high salary for the convenience of future work. American layout.

Then Wang Guanxi left Sao Paulo Middle School and rushed to the headquarters of the black shirt insurance company.

Wang Guanxi will not go to school for the time being.

I am busy making money recently.

After I have been busy for a while, I will go to the mainland to prepare for the 14-year bull market in the mainland. The layout is six years in advance.

Soon he came to the company headquarters.

Meet Ren Smith, the former head of Lehman Brothers' investment banking department, and several of his men.

Pasto Brandt introduced: "BOSS, this is Ren Smith, the former head of the investment banking department of Lehman Brothers"

Ryan Smith was dressed in a black suit, very neatly dressed, he looked very energetic and full of fighting spirit, but there was some tiredness in his eyes, obviously he rushed to Hong Kong in a hurry.

Yes, Ren Smith did come here in a hurry. Lehman Brothers has gone bankrupt, and he is also unemployed.

Now all major financial companies on Wall Street are laying off staff. Before he came to Hong Kong, he also interviewed some investment banks, but he chose to come to Hong Kong in the end.

Because of the high salary here, the boss behind the Black Shirt Investment Bank is willing to hire him with a high salary.

can be reused when it comes, and this may be his stage.

So he persuaded several of his capable men to come together.

"Mr. Wang, hello, I’m Ren Smith"

At this moment, Ren Smith was extremely shocked at Wang Guanxi’s age.

This BOSS is definitely a genius among geniuses. There are many great people on Wall Street, but it is the first time that he has seen such great people as Wang Guanxi.

At this age, he owned an investment bank and acquired many investment banks.

Client assets are as high as 90 billion Hong Kong dollars, which is US$11.6 billion, which is far less than the big investment banks on Wall Street, which are small investment banks, but the salary here is not lower than that of Lehman Brothers. This is the stage for him to play. .

Wang Guanxi nodded and smiled: "Ryan Smith, welcome to Hong Kong"

We had a guest set, and we all had tea together and talked about the financial and economic situation.

The topic soon returned to Lehman Brothers.

The bankruptcy of Lehman Brothers this time not only impacted the US financial system, but also affected Asia to a certain extent.

Bringing 4.6 billion U.S. dollars in loans to Nikkei Aozora Bank brings great risks, and it brings 3.8 billion U.S. dollars in loan risks to Mizuho Bank, Shinsei Bank at 2.3 billion U.S. dollars, Mitsubishi UFJ Trust Bank at 1.85 billion U.S. dollars, and Sumitomo Mitsui Banking Corporation Is 1.77 billion U.S. dollars, and Central Mitsui Trust Bank is 930 million U.S. dollars.

It is not just a problem of non-performing loans.

For example, the Lehman bankruptcy brought a total of US$1.5 billion in potential losses to Central Mitsui Banking Corporation, while Sumitomo Mitsui Banking Corporation has US$9.8 billion in exposure, of which 8.8 billion has been saved, but there is still a net loss of US$1 billion.

National Australia Bank stated that its potential loss will be US$1.5 billion.

ANZ Banking Group announced that its total potential loss is US$1.2 billion, of which more than 900 million is the loss of its branches.

Korea Financial Group announced that the possible loss of the entire Korean financial system is US$7.2 billion. Among them, only US$820 million is related to loans, and the rest are related to credit-linked notes and derivatives business.

Ryan Smith couldn’t help but said: “Lehman Brothers is in debt of 600 billion U.S. dollars, which will cause the collapse of the U.S. financial system and bring great risks to the world economy.”

“It’s true. The global stock market plummeted in panic. This process will continue for some time.” After a sip of tea, Wang Guanxi smiled and said: “During this period, we shorted Lehman Brothers.”

Then Wang Guanxi said briefly.

Ryan Smith learned of the Black Shirt Insurance Company and the Black Shirt Investment Bank had shorted Lehman Brothers, just betting that Lehman Brothers would go bankrupt!

Then make a big profit, it’s amazing!

To be honest, he stayed at Lehman Brothers for so long. Like many Lehman Brothers employees, everyone held some shares in Lehman Brothers. In the end, he lost everything. He lost two hundred dollars. Ten thousand dollars.

He said with a look of admiration: "Mr. Wang, you are really amazing. You have made great profits when you short Lehman Brothers twice. Before Lehman Brothers went bankrupt, there were still many institutions. Investors all bought Lehman Brothers. .

But they have all become your prey. In fact, I hold hundreds of thousands of shares of Lehman Brothers, and I finally lost my money.”

Speaking of here, Ren Smith has some regrets on his face. When Lehman Brothers went bankrupt, it was too sudden.

The stock market did not open at the time. After the market opened, the stock price fell directly into shit, and he couldn't sell it. He also lost his money.

Many employees at Lehman Brothers hold shares. Almost 99% of the employees who hold shares are the same, and basically lose more than 95%.

For the black shirt insurance company, the black shirt investment bank short-selling Lehman Brothers, Ren Smith admires the deeds.

Because, except for Goldman Sachs and these guys who shorted Lehman Brothers, other institutions and investors are increasing their holdings of Lehman Brothers stock at a low level.

Wang Guanxi smiled and asked, "Smith, are you married?"

"Not yet, I have no plans to get married for the time being" Ren Smith suddenly thought of his few ex-girlfriends when he was young. Now at the age of 32, he just wants to have fun. It is impossible to get married.

Finally, when talking about work, Ren Smith was a little nervous. After thinking about it, he asked bluntly: "Mr. Wang, I am honored to be here at the Black Shirt Investment Bank. I heard Pastor Brandt say before, Can you have the same salary as Lehman Brothers?"

Honestly, he also wondered why the Heishan Investment Bank hired him with a high salary?

Does it really take a fancy to his personal ability?

If this is the case, it would be an honor for him. Other investment banks on Wall Street would not give him such a salary.

Wang Guanxi gently put down his teacup and said straight to the point: “From now on, you will be the executive director of the Blackshirt Investment Bank, the headquarters of the investment banking department, and will be responsible for the investment banking business of the Blackshirt Investment Bank in Asia.”

"Yes, BOSS" Ren Smith was very excited.

Then Wang Guanxi summoned the black shirt insurance company, the horses of the black shirt investment bank, and let Ren Smith give an introduction.

Currently, the Black Shirt Insurance Company has 17 executive directors, and the Black Shirt Investment Bank has 19 executive directors, all of whom are capable.

Why are there so many executive directors instead of the chairmanship? Wang Guanxi wants them to compete with each other.

Everyone gathered together to discuss the US stock market and the Asia-Pacific stock market.

Currently, the Black Shirt Insurance Company is shorting 5 million shares of AIG Group, and the Black Shirt Investment Bank is shorting 120 million shares of Washington Mutual Bank.

Black shirt hedge funds are shorting the stocks of the Huang's Consortium, Zheng's Consortium, and the listed companies under the Hong's Alliance.

The afternoon session of the Hong Kong stock market will start immediately.

Then Wang Guanxi opened the Hang Seng Index chart.

Now he pays attention to the trend chart of the Hang Seng Index, and he doesn’t have the energy to take care of the others.

It’s now close in the morning, and all Asian stock markets have looked at it.

This morning, the Asia-Pacific stock market has risen a lot.

The Shanghai and Shenzhen stock markets opened lower inertially in early trading. Later, driven by Sinopec and PetroChina, both rebounded. The Shanghai stock index approached the 2,000-point mark twice but failed to break through. The stock index subsequently fluctuated and fell back.

In the afternoon, as the decline of bank stocks expanded, the two markets fell again. The Shanghai Stock Exchange Index hit a new low of 1922.68 points in this round of decline, and many bank stocks reached their intraday limit.

The Shanghai Composite Index closed at 1929.05 points, down 57.59 points, or 2.9%, and the Shenzhen Component Index reported 6680.06 points, down 2.82%.

The Hang Seng Index opened higher by more than 390 points in the morning session with the US stocks and hit 18699 points in the intraday session. After the Chinese bank stocks were sold by investors and the A-shares set new adjustment lows, the Hang Seng Index then rose to fall.

At the close of the morning market, it fell to an integer mark of 18,000 points!

At present, Wang Guanxi’s No. 1 fund holds a short list of 20,000 Hang Seng Indexes. The position is opened at 22,400. A point of fluctuation is a profit or loss of 1 million Hong Kong dollars. Now it has a floating profit of 4,400 points.

A total floating profit of 4.4 billion Hong Kong dollars, the net value of the account is as high as 5 billion Hong Kong dollars.

"It's really cool. Although the Hang Seng Index rose by 390 points at the opening, it eventually fell back. This 18,000 position is a key psychological position. It will be fun to fall below this place."

Before Wang Guanxi's expectation, the market opened in the afternoon.

In just 5 minutes after the opening of the market this afternoon, the Hang Seng Index fell below the 18,000 position and fell to the 17,950 position.

fell by 50 points.

then triggered a massive sell-off.

Moreover, Hong Kong stocks also plummeted across the board.

Black shirt hedge funds short-selling Get Good Financial Group, Taifook Securities Company, Aeon Credit Company, Sino Hotels Group, Sino Land Group, New World Development Group, Grand Regal Hotel Group, Pak Poly Holdings, New Century International, these companies also share prices across the board. Plummet.

"I rely on it, it’s cool, it’s cool" Huang Shaokai, CEO of Black Shirt Insurance Company, said very excitedly: "The share price of Get Good Financial Group has fallen below HK$2.00 per share, haha!"

In the morning, the share price of Get Good Financial Group rose a lot, reaching 2.40 Hong Kong dollars per share at the highest time.

But before the close of the morning, it fell again, fell to the 2.00 position, and then was supported here.

Finally fell below now, it is simply not too cool.

Black shirt hedge funds shorted 600 million Hong Kong dollars to tie up the stocks of financial conglomerates. This Hong Tianwen and others are rushing toward the abyss.

"The share price of Aeon Credit Co., Ltd. has also fallen below HK$4.00 per share. Haha, that boy Yuan Kang is crying to death in the toilet." Wu Zhankun was also very excited.

In the morning, the stock price of Aeon Credit Co., Ltd. rushed to HK$4.50 per share.

But it fell to 4.00 in the late trading, it just couldn't fall anymore.

Unexpectedly, it would fall below this afternoon in the blink of an eye. The Yuan Kang and Yuan family fund must have suffered heavy losses.

And the black shirt hedge fund shorted 50 million shares of Aeon Credit Co., and just waited to win.

"The share price of Taifook Securities Co., Ltd. has fallen to HK$0.30 per share. Haha, the stock price of Lin Yongfu's grandson is in a cold sweat." Zhang Dexi was very excited.

Many Hong Kong stocks were rising this morning, but the share price of Taifook Securities Co., Ltd. was falling, from HK$0.50 per share to HK$0.40 per share.

Not long after the market opened in the afternoon, it fell to HK$0.30 per share, which is simply too cool.

Black shirt hedge funds shorted 320 million shares and made a lot of money.

"The share prices of Sino Hotels Group and Sino Land Group have fallen miserably. The hotel industry and the real estate industry are really terrible." Wang Juehao jumped excitedly.

In the morning, Sino Hotel Group’s share price did not rise. Instead, it fell from the 2.00 position to the 1.50 position. Now the share price has fallen to 1.00 Hong Kong dollars per share and will soon fall below 1.00 Hong Kong dollars per share.

Black shirt hedge funds shorted 200 million shares, with more and more floating profits.

Sino Land Group’s share price also fell this morning, from HK$4.00 per share to HK$3.50 per share, and now it has fallen below HK$3.00 per share.

Black shirt hedge funds shorted 300 million shares, and now they have more and more floating profits.

Thinking of this, he said again: “This time the Huang’s consortium has suffered a terrible loss. Let them know the consequences of going against us today, haha”

Bai Weiqiang also said with excitement: "There is also the Zheng consortium. Now the share price of New World Development Group has fallen to 15 Hong Kong dollars per share, the Zheng consortium’s assets have suffered heavy losses."

The stock price of New World Development Group did not rise this morning. Instead, it fell from HK$20.00 per share to HK$16.00 per share.

The opening quotation fell again in the afternoon, and now it has fallen below 15.00 Hong Kong dollars per share.

The market value of has shrunk from 100 billion Hong Kong dollars before to 37.5 billion Hong Kong dollars today.

The New World Development Group recently lost 62.5 billion Hong Kong dollars in market value.

The Zheng consortium controls 40% of the shares of the New World Development Group. Originally worth 40 billion shares, now there are 11 billion Hong Kong dollars left, and the Zheng consortium lost 29 billion Hong Kong dollars.

"Haha, this Zheng consortium worked hard with us before and consumed HK$8 billion in cash flow. Now you know it is wrong?"

When the black shirt hedge fund shorted the New World Development Group, everyone fought a battle. In order to kill and split the black shirt insurance company, the Zheng consortium mobilized 8 billion Hong Kong dollars in funds, and then all were trapped in the stock market. on.

Now the Zheng’s consortium is lacking in cash flow, and it’s difficult to do it.

It was very excited to think of Bai Weiqiang here.

Wu Zhanhai also excitedly said: "The stock price of the Regal Hotel Group has also fallen to 0.5 Hong Kong dollars per share. This time the Luo family is dead, haha"

This morning, the stock price of Grand Regal Hotel Group fell from 0.8 Hong Kong dollars per share to 0.6 Hong Kong dollars per share, and now it has fallen below 0.5 Hong Kong dollars per share. The Luo family is dead.

The black shirt hedge fund shorted 100 million shares.

Lu Jianyan also excitedly said: "The share price of Baipoly Holdings fell below 0.3 Hong Kong dollars per share, and the stock price of New Century International fell below 0.3 Hong Kong dollars per share. This Luo family is really over this time. Hey, Luo Baowen, the daughter of the Luo family. I'm coming to be the boss's female secretary"

The share price of Baipoly Holding Company fell from 0.5 Hong Kong dollars per share to 0.35 Hong Kong dollars per share this morning. It has now fallen below 0.30 Hong Kong dollars per share, which is simply horrible.

The black shirt hedge fund shorted 100 million shares, and the floating profit was very high.

New Century International’s share price fell from HK$0.50 per share to HK$0.40 per share in the morning trading. Now it has plummeted and fell below HK$0.3 per share.

While the black shirt hedge fund shorted 400 million shares, this is a big win!

At this time, Huang Shaoka also smiled: “This time the stock price of the listed company of the Luo family has fallen so badly. The pledged stock is already worthless and must be taken away.”

Wu Zhankun also echoed: "Yes, and the share price of the Yingjun Group has also plummeted, and the market value has shrunk seriously. Luo Yinghui’s two elder brothers must force Luo Yinghui to pay back."

Guan Zhenyi said: "This Luo Yinghui simply sold her daughter."

Li Guangyu smiled and said, "Haha, too"

···

At this moment, the Luo family, Luo Yinghui, and Luo Baowen are desperate in their hearts.

Now the stock prices of the three listed companies have fallen like this.

Completely finished.

The loss was extremely heavy.

Luo Yinghui's heart is regretful and painful.

Previously, the shares of three listed companies were mortgaged to two big brothers, Luo Yingqiang and Luo Yingkang. Now the stock prices of Regal Hotel Group, Pak Poly Holdings, and New Century International have collapsed.

The mortgaged equity is no longer worth 1.2 billion Hong Kong dollars. His two eldest brothers have already taken the shares of three listed companies!

The Luo family lost everything!

And he still owes two big brothers money!

Luo Yingqiang, Luo Yingkang originally planned to sell stocks on the stock market, but now it is all selling and he dare not sell.

Because once it was sold, there was not much cash to cash out, and under Luo Yinghui's plea through his mother, there was no selling!

If you sell off, you will lose a lot of money. If you only cash out 600 million Hong Kong dollars, there is still a difference of 600 million Hong Kong dollars. This money will eventually have to be made up by Luo Yinghui.

And Luo Yinghui not only owes money to the two elder brothers, but also money to the bank, which is insolvent. This time, the Luo family is really finished.

The share price of Yingjun Group also fell miserably because of being dragged down by Luo Yinghui.

Luo Baowen asked with red eyes: "Dad, what shall we do now?"

Now their family has substantial bankruptcy, already insolvent, and completely finished.

But now they still hold the shares of Get Good Financial Group, which can be sold and exchanged for some funds.

Thinking of this, Luo Baowen was desperate.

asked: "Dad, should we sell off the stocks of Get Good Financial Group and cash out the cash?"

Luo Yinghui said: "No, the cash from selling the shares of the Get Good Financial Group will also be taken away by your two uncles. These two people are unkind, so don't blame me for being unrighteous."

"The company is short of cash now, and it is going to go bankrupt. If they take it, take it, let them fill the hole first."

Now Luo Yinghui can only pin his hopes on Get Well Financial Group.

As for other things, he can't do anything about it. Just do whatever you love!

Luo Yingqiang and Luo Yingkang were also unable to get the money.

Time passed in a flash.

Asian stocks and European stocks continued to fall.

17950!

17900!

17890!

17880

····

Everyone knows where they will fall!