Rebirth of the Financial Crisis Sweeping the World

  Chapter 27 27 Subprime mortgage crisis intensifies, layout of the future rising giants

   "Okay, grandma, I'll take it back to him." Shu Jinghan didn't expect Wang Guanxi to also drop the chemistry textbook, so she just wanted to ask him how he thought of such a chemical formula.

   So she quickly picked up the chemistry textbook, and then went out. Soon she came to Wang Guanxi's house and knocked on the door gently.

  噔噔.

  The door opened, and it was Wang Guanxi's door.

  "Your chemistry textbook" Jinghan handed the textbook over as she said the book, with a hint of shame on her face. He wanted to ask Wang Guanxi how he thought of such a chemical formula, but he held it back again and was embarrassed to speak.

  At this time, Wang Guanxi took the textbook, looked at her beautiful eyes, and asked with a smirk: "Did you read the formula I wrote?"

   "Well, I read it." Shu Jinghan turned her beautiful eyes a little, and did not look at Wang Guanxi's hot gaze, her face was embarrassed, and she couldn't help asking, "How did you think of writing such an equation?"

   "My grandmother can't understand" she couldn't help but smile, and bit her lip lightly.

"Write whatever I think of. I saw you in the kitchen at the time, and I had a whim." Wang Guanxi smiled, Shu Fangping really read it, but unfortunately she couldn't understand it, so she asked: "Then you know What do you mean?"

   "I don't know" Shu Jinghan took a few steps back: "I won't tell you anymore, I'm going back."

   Then she hurried away.

  Wang Guanxi went back to her small bedroom and opened the chemistry textbook to see if Shu Jinghan had written anything, but unfortunately she didn't write anything.

  So he went to take a bath.

  15 minutes later, I washed the clothes again and dried them.

  Go back to her small bedroom, turn on the phone, and browse the global current affairs news.

  Now the subprime mortgage crisis has started to intensify in the United States.

  The White House signed an economic incentive plan worth US$168 billion.

  Wall Street's major investment bank Bear Stearns' stock price fell 20% in ten days.

  Investors withdrew their assets one after another, and the market's trust in the company almost bottomed out.

  Bear Stearns used 11.1 billion tangible capital to support US$395 billion in assets, with a leverage ratio of over 35. Asset liquidity is also worse than its competitors.

  On March 10, Bank of America rejected Bear Stearns’ request for a short-term loan of US$2 billion. Bear Stearns executives had to find other ways, but the signs are already clear: the company has no credit.

  Wang Guanxi knew that in the future Bear Stearns would be acquired by Morgan Bank at a total price of US$1.1 billion in cabbage.

  Many banks in the United States have gone bankrupt. Unfortunately, Wang Guanxi has no money now, otherwise he can try to buy one or two.

  Now his worth is only 6 million Hong Kong dollars.

  In the news media, you can clearly feel the arrival of the economic storm.

  【Rescue Citibank, another 15 billion US dollars are needed】

  [Citigroup will cut its mortgage portfolio by $45 billion]

  Before, Citibank received an injection of US$7.5 billion in Abu Dhabi, UAE in November 2007. In January of this year, it received another US$14.5 billion investment from Singapore and Kuwait’s sovereign fund. Now it still needs money.

  Citibank seems to be going bankrupt. Many bigwigs are not optimistic about it, but Wang Guanxi knows that Citibank was eventually rescued by the Federal Reserve.

  [UBS Group urgently sold more than 20 billion US dollars of Alt-A mortgage loans, and sold these assets to the world’s largest bond fund-Pacific Investment Management Company (PIMCO) at a large discount]

   [Hong Kong's richest man, Li Jiacheng, has lost US$5.5 billion in value in two months. 】

  [The stock **** Buffett surpassed Microsoft’s chairman Gates at $62 billion and became the world’s richest man]

  Others are shrinking their assets. Buffett is worth 62 billion US dollars today. He is really a super winner in life. In this way, Wang Guanxi, who is worth more than 6 million Hong Kong dollars, feels small.

However, on September 14 this year, the financial turmoil brought about by the subprime mortgage crisis swept across the world, and the Hang Seng Index plummeted 10,000 points in just two months. By that time, shorting the Hang Seng Index by yourself would definitely make a lot of money and directly become the richest man. Exist, and then start buying cheap assets, and buying cheap stocks.

For example, Amazon stocks are only tens of dollars per share now, and in the future they will be more than US$3,000. Buy 50 million shares without doing anything. In the future, they will be the world's richest man on the Forbes list. Let Bezos earn for himself. money!

  Penguin Group (Tengxun Group), after the financial crisis, fell to less than 70 billion Hong Kong dollars, and the future is 7.4 trillion Hong Kong dollars.

  At that time, the stocks of Penguin Group will be sold out, so that Xiaoma will help him earn money and win by himself!

  Just think about it.

  It’s March 11, and there is still half a year before September 14, when the financial turmoil sweeps the world, and you will make a fortune!

  Now Wang Guanxi's worth is only 6 million Hong Kong dollars, so I have to work harder.

  Many giant companies have not been born, such as Bytedance Inc., Douyin, which has invested 30 million U.S. dollars, and its future valuation will exceed 100 billion U.S. dollars.

  Also Uber Uber···Didi Taxi··

  Meituan··

  Quick hand with a trillion Hong Kong dollar market value...

  Games, such as LOL, King···

smart phone··

  Xiaomi·····

  Elon Musk’s Tesla, SpaceX

  Future 5G.

  Biotechnology, artificial intelligence, virtual technology·····

  ···

  Unlisted giants, such as Facebook···Jingdong,·····

   Giants with very low market value, such as Amazon, Apple, Microsoft...

  For example, after the financial crisis broke out, Amazon, Apple, and Tencent became major shareholders and encouraged Bezos and Xiao Ma to work hard.

  There are also Momo Technology, Pinduoduo, Huya, Bilibili, Sogou, iQiyi, Vipshop, Jiuzhou Pharmacy... These companies will all be listed in the United States in the future.

  Wang Guanxi gets excited just thinking about it.

  He doesn’t know how to start a business. He just wants to nurture entrepreneurs, let them make a lot of money for themselves, arrange directors by themselves, or manage directors, and the chairman will be fine.

  The physical empire he secretly controls may spread all over the world!

  But now I still have to make money.

   Then Wang Guanxi began to search the news of listed companies to see if there were any stocks that could be bought. Of course, it was fine to go short, as long as he could make money.

  Before the global financial crisis broke out on September 14, he must pool enough funds to short the Hang Seng Index and become a rich man in the first battle!

   Then before these companies have been created or listed, invest in them, several rounds of valuation, and then go public. I don’t know how many times the return on investment will be.

  Many people do venture capital and incubate companies, but the companies quickly die, or go bankrupt on the way to the market, causing the investment to lose money, but Wang Guanxi is different.

  He clearly knows that in the future, those big companies will successfully go public, and those companies will become industry giants. He engages in venture capital and will make 100% money.

  At 11:30 in the evening, Wang Guanxi still did not find a suitable listed company and was sleepy, so he fell on the bed and slept happily.

  ZZZ~~

  (End of this chapter)