Rebirth of the Financial Crisis Sweeping the World

  Chapter 269 269【8 billion short! 】

  The next day, September 25, Thursday, morning.

  Wang Guanxi and others gathered at the headquarters of Heishan Investment Bank.

  Yesterday afternoon, the Hang Seng Index closed at 19,000, a drop of 250 points from yesterday.

  Wang Guanxi’s No. 1 fund holds 60,000 short positions in the Hang Seng Index. The position is opened at 19,950. The current floating profit is 950 points, totaling 2.85 billion Hong Kong dollars, and the net value of the account is as high as 9.35 billion Hong Kong dollars.

not bad.

  Hong’s Alliance, Huang’s Consortium, and Zheng’s listed companies’ share prices rose slightly, and the black shirt hedge fund also had a floating profit of over 8.5 billion Hong Kong dollars.

  Last night, the U.S. stock market did not fluctuate much, but rose slightly!

  American International Group AIG, the stock price rose by 4 US dollars, from 40.00 US dollars to 43.00 US dollars per share, the black shirt insurance company floated 1.725 billion US dollars.

  While Washington Mutual Bank’s stock price rose by 0.2 US dollars, from 1.60 US dollars per share to 1.80 US dollars per share, the Black Shirt Investment Bank has a floating profit of 144 million US dollars.

  Currently, they are all very stable. No major changes have taken place, just waiting for the stock market to continue to collapse.

  Now the global focus is on the US$700 billion rescue plan of the White House, and the US$700 billion proposal is being debated in Congress.

  [122 economists in the United States sent a letter to Congress against the US Treasury Secretary Paulson’s $700 billion rescue plan]

  There are three reasons.

  First, its fairness. This plan is to use taxpayer money to subsidize investors.

  Investors need to be able to withstand losses to create profits under risky conditions.

  Not every business collapse will affect the risk of the system. The government should ensure a well-functioning financial industry and be able to lend loans to some creditworthy borrowers. If there is no rescue plan, the choices of many investors and institutions have proved to be very unwise.

  Second, it's ambiguous. The tasks and supervision of the new agency are not clear.

  If the taxpayer purchases some non-cash assets or opaque assets from the seller in question, the time, occasion, and method of the purchase should be stated clearly before and should be carefully monitored in the future.

  Third, its long-term effects. If the plan begins to be promulgated, its role will affect an entire generation of the United States. For all the difficulties that the United States is facing now, the United States' drive and innovative personal capital market will bring the country unparalleled prosperity.

  In essence, it is very short-sighted to weaken these markets in order to stop the short-term collapse.

  Huang Shaokai couldn’t help asking: “TM’s, can this $700 billion rescue plan pass?”

  Recently, in the news, he was talking about this every day, and he didn't know whether the 700 billion US dollars could be released, and he was entangled.

   Zhang Dexi opened the mouth and said: "It is possible to pass the situation by holding down the first."

Now the Federal Reserve’s Bernanke and US Treasury Secretary Paulson are pushing for this 700 billion US dollar rescue plan. In order to avoid a greater financial crisis, it is like being sick and must be treated in time. He thinks it will pass. This 700 billion dollar rescue plan, after all, everyone has to eat.

   Wu Zhankun also said: "I also think it will pass. If this financial crisis breaks out and is not suppressed in time, then a broad financial crisis will break out, and then the global financial system will not know what it will be like."

  He agrees with Zhang Dexi’s point of view, and thinks it will definitely be passed, and soon, because if you don’t hurry up, the financial crisis will really hit the world in an all-round way.

  Bai Weiqiang also said: “Yes, if you don’t come out, the financial crisis will continue to intensify.”

  Wang Juehao sighed: “Yesterday the Bank of East Asia in Hong Kong was run on a run. This is really a terrible thing.”

   Wu Zhanhai also said: “I don’t know when the 700 billion dollars will come out”

  Lu Jianyan also said: "It should be coming soon."

  Ryan Smith also said: “Once such a huge amount of money is injected into the financial market, it will be great good news. The stock market will definitely skyrocket.”

   700 billion US dollars, that is 5.4 trillion Hong Kong dollars, 4.75 trillion yuan, this will be a huge amount of funds, once injected into the financial market, the stock market will skyrocket, but soaring for a few days, that is an unknown number.

  Guan Zhenyi also said: “Now all kinds of news are flying all over the sky, and many media are saying that the 700 billion US dollar rescue plan will be passed soon”

  Lin Jiyang also said: "Now the whole world is waiting for the 700 billion US dollar rescue bill to be passed."

  Wang Guanxi smiled and said: “This $700 billion rescue plan may have been blocked forever, please watch it quietly”

   Then Wang Guanxi asked: "Has the 8 billion Hong Kong dollars in Fund No. 2 converted into U.S. dollars?"

In the past, Wang Guanxi made a huge profit on the Hang Seng Index, so he withdrew 8.75 billion Hong Kong dollars and spent 750 million Hong Kong dollars. He also established the Umbrella Foundation and set up an umbrella security company. Now there are 8 billion Hong Kong dollars in spare funds In the account of No. 2 Fund, Wang Guanxi doesn’t want to be idle. He wants to make money and short American banks.

  "BOSS has been converted into U.S. dollars, totaling 1.032 billion U.S. dollars" Li Guangyu asked, "Should we short Citibank or Wells Fargo first tonight?"

  Wang Guanxi asked; "Now that Citibank and Wells Fargo have all agreed on the stocks?"

  Before let them borrow stocks, Wells Fargo, Citibank, Bank of America, even Hang Seng Bank, HSBC stock!

  Wang Guanxi not only intends to short US banks, but also intends to short major banks in Hong Kong. The Hang Seng Bank and HSBC Bank of Hong Kong are all banks under the HSBC Group, and they also have the opportunity to make big money.

  Of course, it is also possible to short the HSBC Bank of the United States directly, but Wang Guanxi still intends to short the HSBC Bank of Hong Kong, and the transaction volume is even larger.

At this time, Wu Hongsheng said: "Yes, BOSS, it has been agreed. The Indian Industrial Trust and Investment Bank intends to lend us the shares of Wells Fargo, while the Indian Private Pension intends to lend us the shares of Citibank. The monthly interest is 1.5. %"

  "Very good" Wang Guanxi nodded, and then opened the stock price chart of Wells Fargo Bank and Citibank.

  Wells Fargo, the stock price of the last trading day closed at 37.55 US dollars per share, which is still on the rise.

  "The stock price of Wells Fargo Bank is still quite strong, there is room for upside, so don't rush to short!"

  The share price of Citibank closed at $220.00 per share last trading day.

Citibank is usually the abbreviation of Citigroup, Citigroup (Citigroup). In 1955, Citibank of New York merged with First Bank of New York and was renamed First Citibank of New York. In 1962, it was changed to First Citibank. In 1967, it was changed to First Citibank. Citigroup.

  Headquartered in New York. In 1998, it merged with Traveller Group to form Citigroup, becoming the world's largest financial services company.

  Citigroup is the first financial group in the United States that integrates commercial banking, investment banking, insurance, mutual funds, securities trading and many other financial services.

  In 2008, its total assets exceeded 2 trillion US dollars, which is 15.5 trillion Hong Kong dollars in assets, which is very scary.

  The share price of Citibank has just risen for a few days, and it is now suitable for shorting, so Wang Guanxi said: "Sell Citibank Group first tonight. Go and borrow stocks from Indian private pensions."

  The black shirt insurance company and the Indian private pension are also good friends. Everyone is very familiar with Fannie Mae and American International Group.

  It is a good old friend, but it is not an exaggeration. This Indian private pension can send a lot of money.

  "Yes, BOSS" The horses hurriedly executed.

  The Hong Kong office of this Indian private pension is located in the Hong Kong Building of the Indian Industrial Trust and Investment Bank.

  Soon Wu Zhankun took his lawyer to the Hong Kong office of Indian private pensions.

Wu Zhankun signed an equity agreement with Nehru. At present, the equity of the Blackshirt Insurance Company was mortgaged to the Indian private pension because of the short AIG Group last time. Nehru smiled and said: "Mr. Wu, we have a happy cooperation. I hope you black The shirt insurance company can win a big win on the Citibank Group!"

   "You can rest assured that we will strictly abide by the confidentiality agreement and will not disclose to any financial institution that you are going to empty Citibank"

  Wu Zhankun looked at Nehru’s hypocritical appearance and cursed him in his heart, but smiled slightly and said, "Mr. Nehru, I believe in your integrity."

  The two smiled at each other, everything is silent.

   Wu Zhankun knew that Nehru would definitely reveal the news that the Black Shirt Insurance Company was shorting Citibank Group to other financial institutions, such as the Indian Industrial Trust and Investment Bank, the Tata Consortium, or other international financial institutions in India.

   And Nehru also knew that Wu Zhankun knew that he would short the Black Shirt Insurance Company to Citibank Group.

  But neither of them said it was broken, pretending not to know.

This time, the Black Shirt Insurance Company borrowed 5 million shares of Citibank Group in place of the No. 2 Fund. The price is 220 US dollars a share, valued at 1.1 billion US dollars, and the interest is 1.5% per month, which is 16.5 million US dollars. 127 million Hong Kong dollars.

  And the No. 1 fund only has 1.03 billion US dollars, but Nehru in India is also very generous, and the difference of 70 million US dollars does not need the assets to be collateralized.

   "Mr. Nehru, I hope we can continue to cooperate"

   "Haha, Mr. Wu, I think so too, keep working together"

  Although the two shook hands in a friendly manner, they both wished to choke each other to death.

  After Wu Zhankun left, Nehru hurriedly came to Sundeep Bartra’s office and laughed: "These Chinese pigs have signed the agreement and are waiting for them to enter the pig cage."

  Sundep Batra excitedly said: "Paralled, this time the US$700 billion rescue will definitely come out. I take this opportunity to kill them!’

Nehru also nodded and said: "Yes, this $700 billion bailout fund will definitely be released, and the Fed will also cut interest rates at that time. This black-shirt insurance company dares to short in the historical position of Citibank Group, it is almost reckless! "

  Time passed in a flash.

  At half past nine in the evening, the US stock market opened.

  Citibank Group’s stock price jumped by $5 and opened at $225 per share!

  Huang Shaokai asked: "BOSS, the share price of Citibank is quite strong. It actually jumped by 5 dollars. Should we wait for the stock price to reach 230 dollars per share and then go short?"

  Zhang Dexi also said: "The share price of Citibank Group is now rising, and there are many buyers. We may just be able to go short!"

  Wang Guanxi shouted: "Then go short now!"

  "Yes, BOSS" Huang Shaokai, Wu Zhanhai and others started shorting.

  5 million shares is not too much.

  10,000 shares at a time!

  10,000 shares, which is also worth $2.2 million.

  The share price of Citibank Group began to fall under the short selling of everyone.

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  At the moment, Nehru and Sundeep Batra are drinking tea at the Indian Industrial Trust and Investment Bank.

Nehru was a little impatient watching the share price of Citibank Group fall so fast. Naturally, he knew that the Chinese man was shorting Citibank Group, so he said: "Sundep Batra, you can buy it now, don’t let it go. This Huaxia people has brought the rhythm of selling, and a large number of selling orders will appear at that time, which is not good."

  He didn't expect that the people in the black shirt insurance company would sell the shares of Citibank Group crazily as soon as the stock market opened. The stock price fell so fast. To be honest, he was a little flustered.

  Because when the Lehman Brothers bankruptcy caused the stock market to plummet and bank stocks plummeted, the Indian private pension also bought 5 million shares of Citibank at $136 per share and spent $680 million.

   When the stock price is at 220 US dollars per share, it is worth 1.1 billion US dollars, which is a floating profit of 420 million US dollars.

However, this black shirt insurance company is smashing the market, making the floating profit on the Indian private pension book decrease at a visible rate. He is afraid that the black shirt insurance company will bring the rhythm, then Citibank’s stock price will fall below 200 US dollars per share. That's not good.

  Don’t ask why!

  He is worried.

Sundeep Batra put down his tea cup, smiled faintly and said: "Don't worry, Nehru, this Chinese has already entered the pig cage. It's useless to jump in the pig cage. At that time, the US White House will rescue the market with 700 billion US dollars of funds. , The Fed cut interest rates and released a large amount of funds. The stock market must be soaring. It’s no wonder that the black shirt insurance company is not dead.”

"I'm not in a hurry to enter the market now, that is, to make these Huaxia people proud, let them go short as much as they want, and light up the bullets in their hands, and then I will enter the market and buy, and raise the stock price of Citibank Group. Don’t worry, other investors in the market and retail investors will not be brought up by the black shirt insurance company.”

   Nehru breathed a sigh of relief, and said: "Then wait for you to make a move and kill these Chinese people."

"Don't worry, we have lost a few times this time, and we won't follow their previous tricks!" Bartra is also a person who will learn a lesson. This time he is not in a hurry, and will wait for the black shirt insurance company to finish the trick. , He shot again.

  In a flash, after the black shirt insurance company sold 5 million shares, the share price of Citibank Group fell to $200 per share, there is support here.

   Nehru urged: "Go in and buy."

  Sundep Batra smiled; “Don’t worry, wait another half an hour to see if they have any stocks to sell!”

   "Well then" Nehru kept an eye on the stock price.

  　 ask for monthly pass

  (End of this chapter)