Rebirth of the Financial Crisis Sweeping the World

  Chapter 288 288 plunges! Profits are skyrocketing!

   Soon the morning session of the Hong Kong stock market closed.

  Everyone ate the exquisite lunch delivered by the Empire Hotel Hong Kong in the trading room.

  The current economic situation is poor, and the hotel group's revenue is not good, and it will continue to lose money.

  In order to help the hotel group under its umbrella overcome difficulties and increase revenue, ordinary employees of Heishirt Investment Bank and Heishirt Insurance Company can all be reimbursed for a lunch.

  Lunch is provided by Empire Hotel Hong Kong, and the company’s property is reimbursed.

  Anyway, the black shirt investment bank and the black shirt insurance company have a lot of money.

  Really many.

  Because of the single insurance market department, the securities department and investment banking department of investment banks have performed very well.

  The Heishan International Trust Company, Heishan Leasing Holding Company, and Heishan Legal Company do not.

  People in the trading room chatted about the stock market situation.

  At the moment, the Wang Family Foundation’s No. 1 Fund is shorting 60,000 lots of the Hang Seng Index, holding a short list of 60,000 lots of the Hang Seng Index, and the position is 1950.

  The Hang Seng Index dropped 200 points this morning, from 18650 to 18450.

  There were 1500 points floating on the book, totaling 4.5 billion Hong Kong dollars.

  The net value of the account has reached 11 billion Hong Kong dollars.

  The black shirt hedge fund shorts the listed companies under the Hong Group, the Huang Group, and the Zheng Group, with a floating profit of nearly 10 billion on the books.

   No. 2 Fund, shorted 5 million shares of Citibank, with a position of $213 per share.

  The US stock market closed last Friday, and Citibank’s stock price closed at US$180.00 per share, with a book value of US$165 million.

  And AIG closed at 35 U.S. dollars per share last Friday, with a floating profit of 1.765 billion U.S. dollars on the book.

  Black Shirt Insurance Company shorted 5 million shares of American International Group (AIG), with a position of $388 per share.

  AIG’s stock price closed at $35 per share last Friday, with a floating profit of $1.765 billion on the book.

  The key point of last week was that the US$700 billion rescue plan encountered resistance, which caused the stock market to have twists and turns, first plummeting, then skyrocketing and then plummeting, shocking the hearts of many retail investors.

  However, a lot of news also came this Monday morning, implying the severity of the financial crisis and its spread.

  【Three European countries take action to rescue Europe's largest financial institution】

Fortis Group, troubled by the bankruptcy of Lehman Brothers, received joint assistance from the three countries. Belgium, the Netherlands and Luxembourg invested 11.2 billion euros ($16.3 billion) in Fortis, making this Europe’s largest financial services institution partially state-owned化.

  [Many European central banks inject another US$75 billion into the market to deal with the crisis]

  After the collapse of Washington Mutual Bank in the United States, European central banks decided to jointly provide 75 billion US dollars of funds to the market to meet the market’s demand for cash.

  [Santander Bank will acquire British mortgage giant Bradford-Bentley]

  Spain's Santander Bank said it will spend 20 billion pounds to acquire the deposit business and branch network of British mortgage giant Bradford & Bingley (Bradford & Bingley).

  【Wai Union Bank and Citibank are in talks to merge】

  The collapse of Washington Mutual Bank in the United States made the U.S. banking industry worse. The stock price of American Union Bank, the sixth largest bank in the United States, plummeted 27%, and the final price was $10 per share.

  After the bankruptcy of Lehman Brothers and Washington Mutual Bank, Wachovia Bank has been negotiating a merger with Morgan Stanley, but the negotiations ended without results, and they went to Citibank.

  【The U.S. will reach an interim agreement with the government on the 700 billion bailout plan】

  [The White House is satisfied with the provisional agreement reached in the negotiation of the rescue plan]

  [The details of the agreement reached on the U.S. rescue plan will be announced, and Congress will vote on Monday, U.S. time]

  After lengthy negotiations with government representatives, Congress submitted to the public a plan after the two parties reached an agreement.

  This plan will be submitted to the House of Representatives for a vote on Monday, and the Senate will vote thereafter.

  The version of the rescue plan after the two parties compromised is basically based on the 700 billion US dollar rescue plan of the Bush administration.

  However, the insurance concept proposed by the Republican Party was added to the original rescue plan.

  The plan includes several key points: The Ministry of Finance will immediately use US$250 billion to purchase troubled mortgage assets from major financial institutions, and the total available funds will eventually reach US$700 billion.

  Executives of problem companies that sell assets to the Ministry of Finance will not be compensated by the “golden parachute”.

   refers to a large sum of money benefits that senior employees can get when they are fired because of the company's acquisition.

  An oversight committee will be established, which includes the chairman of the Federal Reserve Board, the chairman of the U.S. Securities and Exchange Commission, the directors of the Federal Housing Finance Institution and the Secretary of Housing and Urban Development.

  Allows the Ministry of Finance to accept shareholders’ equity and participate in the management of problem companies under certain circumstances.

  At the same time, the Ministry of Finance may establish an insurance mechanism in which premiums are paid by these problematic financial companies, and the scope of guarantee includes previously purchased mortgage-backed bonds.

   Huang Shaokai said: “I didn’t expect that it was just a temporary agreement. This is not good news for the stock market.”

  It had been brewing 700 billion US dollars before, and the result was a provisional agreement, 250 billion US dollars. It still needs a vote, and I don’t know whether it will be passed.

  Zhang Dexi also said: "Yes, it has been spread for so long, and I thought that the $700 billion rescue plan was stable.

  Unexpectedly, it became a temporary plan. This stock market will suffer.”

  Especially last week, when the stock market soared and plummeted, it was terrifying.

  Now it is only a temporary agreement of 250 billion US dollars. You can imagine what will happen in the stock market.

   Wu Zhankun also said: "The $700 billion rescue plan has become a temporary agreement of $250 billion, and the stock market will definitely plummet."

  Last week, many institutions were optimistic about the stock market, buying the bottom frantically, waiting for the $700 billion rescue plan to pass.

  But now it has become a temporary agreement of 250 billion US dollars. It is conceivable how bad it is for the stock market.

  It's like saying that a person has been looking forward to paying 700 yuan, looking forward to it day and night, but only temporarily gave 250, which is worth it.

  Now the Black Shirt Insurance Company, the No. 1 Fund, and the No. 2 Fund are all big shorts. If the stock market crashes, it will make a lot of money.

  Wang Juehao excitedly said: "In the afternoon trading, the Hang Seng Index will definitely plummet, and the U.S. stock market must also plummet at the opening of the evening."

  To be honest, he was not optimistic about the $700 billion rescue plan at the beginning, but now it's all right. A provisional agreement has to come out, and he has to vote again.

  This stock market is like doping. When the amount of doping is not enough, then it’s fun, just let it go.

  Bai Weiqiang also said: “That’s because the financial institutions that have been optimistic about the stock market and optimistic about the $700 billion rescue plan are afraid that they will be discouraged.”

  In fact, many financial institutions are very optimistic about the $700 billion rescue plan, but this happened.

   is just a $250 billion provisional agreement. This time I don’t know how many financial institutions will sell financial assets.

  Opening in the afternoon, he dared to say that the Hang Seng Index must plummet, and it will take minutes to fall below 18,000.

  Wang Guanxi put down his small fork, drank a sip of champagne, and said categorically: "This stock market will definitely plunge for two days."

  Currently, the black shirt insurance company, the black shirt hedge fund, the No. 1 fund, and the No. 2 fund are all short-selling, which is bound to make a huge profit.

   "This time, many people will definitely short the Hang Seng Index. It's fun."

  "Order to go down, let the black shirt investment bank analysts and brokerage team express their bearish views on the stock market"

  "Yes, BOSS" everyone hurried to do it.

  Black Shirt Investment Bank: A major negative, 700 billion U.S. dollars becomes 250 billion U.S. dollars, the stock market will plummet!

  ··

  At this moment, President Andre of the Hong Kong branch of American Fidelity Investment Group, and Vice President Si Xiuliang are all in the trading room, and the two are drinking tea and chatting.

  It turned out that the Fidelity Investment Bank of the United States held a short list of 1 million shares of the Hang Seng Index. Last week, the US Fidelity Investment Group closed the short list of 500,000 lots of the Hang Seng Index.

  The average closing position was 19,700, and a profit of 75 billion Hong Kong dollars was realized.

  And the account still holds a short list of 500,000 lots of the Hang Seng Index.

  The position of opening a position is 22700, and one point of fluctuation is a profit or loss of 25 million Hong Kong dollars.

  Now the Hang Seng Index has fallen to the position of 18,450, with a floating profit of 4,250 points, and a temporary floating profit of 106.25 billion Hong Kong dollars.

  Andre regrets that he closed the short list of 500,000 lots of Hang Seng Index last week.

  If it has not been flattened, then there should be more than 200 billion Hong Kong dollars floating on the book now.

  But they also had to close their positions, because when they just closed their positions last week, Fidelity Investment Group Chairman Edward III called and asked him to prepare $12 billion.

  Because the New Jersey pension has to redeem $12 billion of assets in Fidelity Investment Group.

Seeing the opinions expressed by the Black Shirt Investment Bank, Si Xiuliang felt that it made sense, so he asked: "Mr. Andre, this time the US White House's $7,000 rescue plan has become a $250 billion temporary agreement, and the stock market must plummet. .

  Should we continue to increase and short the Hang Seng Index? "

  Last week, the Hang Seng Index skyrocketed and they had to close their positions, but now the Hang Seng Index is about to plummet again, and their opportunity to go short has come again.

  Andre is in deep thought. Now the American Fidelity Investment Group is in a capital flow dilemma, because many investors or investment institutions are redeeming their investment in the American Fidelity Investment Group.

  Now in order for them to redeem their investments, the American Fidelity Investment Group has to continue to sell assets.

  Now that the funds are a little short, Andre does not intend to continue to increase the position and short the Hang Seng Index for the time being, so as not to invest too much capital and lead to being trapped.

  When the customer redeems the funds, it is not good to have no money.

  Be aware that more and more customers are redeeming funds.

  Especially Legg Mason Group, because of the bankruptcy of Lehman Brothers, AIG Group was taken over by the US government, and the stock price fell into shit.

  Mosaic Group suffered heavy losses, which was the most redeemed by customers.

  "Stop shorting without increasing positions for the time being, just keep a short list of 500,000 hands"

  "Publish negative views on the stock market"

  "Yes, Mr. Andre" Si Xiuliang hurriedly went to do it.

  American Fidelity Investment Group: The stock market will start a new round of decline.

At this moment, Goldman Sachs Hong Kong branch, trading room, private equity three groups, core trader Dikon Alaus is closely monitoring the financial situation, he also saw that the US White House's $700 billion rescue plan only reached $250 billion. Temporary agreement only.

  This means that the stock market will be hit hard.

  The last time Goldman Sachs Bank held 1 million lots of the Hang Seng Index, the position was opened at 21,000, which was very high. He did not want to close the position.

  But his boss, Harrington Silver, at the level of vice president, insisted on closing his position.

  The two also fought, and finally he was helpless and agreed to close the position.

  Goldman Sachs Bank made 105 billion Hong Kong dollars and received nearly 8% of the profit commission, 8 billion Hong Kong dollars, everyone divided it, and he also got a lot of money.

  But this was not what he wanted in the first place. At the time, he was determined not to close the position, but Harrington Silver resolutely closed the position.

  And now, the Hang Seng Index has fallen from its high level again.

  With huge bad news, the Hang Seng Index will fall even worse.

  "This Harrington Silver is really a super idiot. If it weren't for this idiot to resolutely close the position, I don't know how much money he made now?"

  You must know that Goldman Sachs opened a position at 21,000 before, so I don’t worry about losing money at all.

   But this Harrington Silver is determined to close the position, cashing in a profit of 100 billion Hong Kong dollars, and missing more profits.

   And Harrington Silver on the side listened to Dikon Alaus's words, and suddenly became angry.

  He didn't speak, but stared at Dikon Alaus with a gloomy face.

  The **** actually scolded him for being an idiot again in private, and didn't put his boss in the eyes at all.

  Damn, he wanted Dikon Arros to get out of the private equity group three, but the **** didn't leave and wanted to make himself a bastard.

At this time, Dikon Alaus also noticed that a trace of disdain flashed in Harrington Silver’s mouth and said: "Harrington Silver, you were determined to close your position last time, and now the Hang Seng Index has plummeted again. , Do you know how much money you missed?"

   "You are not a super idiot, what is it?"

  "Dicon Araus, be careful when you speak!" Harrington Silver looked at Dicon Alaus coldly and said: "You fool, I am for the safety of the company's funds"

  Dikon Araus responded with a sneer: "You are just making excuses for your stupidity. Now it turns out that I am correct. You are really stupid."

  Harrington Silver said with a gloomy face: "Dikon Araus, after closing the position, I did not restrict you to short the Hang Seng Index, but why did you not short before?

  Aren’t you very optimistic about the Hang Seng Index falling?

  Why didn't you continue to short-selling at that time, and only today did you start to talk coldly. "

  Dikon Araus responded coldly: "At least I won't make excuses for my stupidity. Now I am going to short the Hang Seng Index. Go away."

  As soon as the market opened in the afternoon, he planned to use the funds he could use to short the Hang Seng Index.

   "Huh, you are so good at it. If you lose money, you will immediately get out of the private equity group 3." Harrington Silver said, and then left.

   "Fuck your ancestors!" Dikon Alaus raised a **** at Harrington Silver's back.

  And Xue Leyi, the core trader of DBS Bank, also just got off the bed of his colleague Huang Qifei’s wife Huang Baoyan. After getting dressed, he said: "Baby, I'm going to work first, and I have work in the afternoon."

  The US White House’s $700 billion rescue plan has become $250 billion, and he is now going back to short the Hang Seng Index.

  Huang Baoyan stretched her head out of the quilt and said, "Be with me for a while."

   "No, I'm leaving now. When your husband comes back, it won't be okay." Xue Leyi smiled, his colleague Huang Qifei was still at work, and he came to sleep with Huang Baoyan's wife, Huang Qifei.

  Then the two hugged, Xue Leyi quickly left Huang Qifei’s apartment and drove to the DBS Bank Building in Hong Kong. When he met Huang Qifei at the same time, he said hello.

  Huang Qinfei is the management of the compliance department, who specializes in supervising employees, and asked: "Where did you go? Didn't come to work in the morning? I wrote it down. You will be fined."

   "Go to sleep with a woman, there is a husband" Xue Leyi said bluntly: "It's so cool."

  Huang Qifei: "Is there like you? Are you still a human? Sleeping with someone else's wife?"

  Xue Leyi smiled and said: "Don't worry, I won't sleep with your wife Huang Baoyan, you are so excited!"

   "Fuck!"

  Go straight after speaking.

   "You!!!" Huang Qifei's face was gloomy. Although Xue Leyi was not his wife Huang Baoyan, he always felt a little green.

   Soon, Xue Leyi came to the desk, turned on the computer, and waited for the Hong Kong stock market to open in the afternoon.

  ·

  At this moment, Minghui International Securities Co., Ltd., Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu are also keeping an eye on the trend chart of the Hang Seng Index.

   "The US$700 billion rescue plan turned into US$250 billion, but it is still good. The stock market may plummet first and then soar."

   "That's right, it must have plummeted first, then skyrocketed"

   "If the afternoon session plunges, maybe we can buy bottoms"

   "Well, wait for it to plummet, and then we will buy the bottom"

  ··

   Soon the Hong Kong stock market opened in the afternoon.

  Xue Leyi of DBS Bank is not in a hurry to short the Hang Seng Index, while Dikon Araus of Goldman Sachs is crazy shorting the Hang Seng Index.

  5000 hands!

  5000 hands!

  5000 hands!

  ··

  Plus other financial institutions in the market are also shorting!

  Hong Kong stocks also fell across the board.

  The Hang Seng Index has fallen sharply!

  Five minutes later, the Hang Seng Index fell to 18350!

  Wang Guanxi No. 1 Fund has more than 300 million profits!

  After another 7 minutes, the Hang Seng Index fell to 18250!

  The profit of the No. 1 fund will increase by another 300 million!

  After another 8 minutes, the Hang Seng Index fell to 18150!

  The profit of the No. 1 fund will increase by another 300 million!

  The Hang Seng Index dropped by 300 points in these 20 minutes!

   fell from position 18450 to position 18150!

  Goldman Sachs' Dikon Alous also shorted 100,000 lots of the Hang Seng Index.

  The position of opening a position is at 18,300, a fluctuation of one point is a profit or loss of 5 million Hong Kong dollars, and a temporary floating profit of 750 million Hong Kong dollars.

  Heishan Investment Bank, Wang Guanxi’s No. 1 Fund, holds 60,000 short positions, and has a floating profit of 1,800 points.

  A total floating profit of 5.4 billion Hong Kong dollars.

  The net value of the account is as high as HK$11.9 billion.

  Huang Shaokai said excitedly: "BOSS, the Hang Seng Index has fallen very sharply"

  Zhang Dexi also said: “It will definitely fall below the 18,000 position this afternoon.”

   Wu Zhankun: "BOSS, this time I made a lot of money!"

  Bai Weiqiang: "Now the bulls are retreating"

  Wang Juehao: "Today will be a nightmare for the bulls"

  ··

  Five minutes later, the Hang Seng Index fell again by 50 points to 18100!

  Xue Leyi of DBS Bank is still not in a hurry. He waited patiently and waited for the Hang Seng Index to drop to 18,000 before hitting the market and hitting the Hang Seng Index!

   "Fell soon!"

   "TM's, this time let the bulls collapse at the 18000 position!"

  He likes to hit the market at a key position and at a key time period, because he is short-term and withdraws as soon as he makes money.

  10 minutes later, the Hang Seng Index fell by 100 points again, falling to the 18,000 position, and then it was supported here.

   Xue Leyi still held back and did not make a move.

  Want to wait for the bulls here to be consumed. When the bulls are almost unable to support him, he will hit the market again.

  And Minghui International Securities Co., Ltd., Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu also stared at the board closely.

  "Are we going to hunt down the bottom now?"

  "Don’t worry, the Hang Seng Index may fall below the 18,000 position"

   "This time we'd better buy bottoms at the end of the game"

   "Okay, so safe!"

  In a flash, the longs with the Hang Seng Index at 18,000 are struggling to support them. At any time, the long defense zone at 18,000 will be breached by the shorts.

  And Xue Leyi saw that the time was almost up, so he hit the plate directly!

  100,000 hands smashed in, and instantly ate up all the long lists at the 18,000 position.

  Hang Seng Index plummeted!

   fell by 200 points again in just 10 minutes to the 17800 position.

  Black Shirt Investment Bank, the profit in the Wang Guanxi No. 1 fund account has reached 6.45 billion Hong Kong dollars, and the net value of the account is 12.95 billion Hong Kong dollars.

  "It's so cool"

  Wang Guanxi's whole body cells seemed to be moisturized, and the whole body seemed to float a bit.

  At this time, the news of Minghui International Securities Company came.

  Minghui International Securities Company: still bullish on the stock market

  Thinking about it, Wang Guanxi said to Wu Zhanhai: “Call Minghui International Securities Co., Ltd. at the close of the market and say to buy them.”

  "Yes, BOSS" Wu Zhanhai hurriedly went to do it.

  At this moment, Minghui International Securities Company, Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu were all excited.

   "The Hang Seng Index plummeted, shall we buy bottoms?"

  "Want to wait no more?"

   "Wait, wait, just do it"

  "Still waiting"

  ··

  At this time, the Hang Seng Index continued to fall to the 17750 position, and Zhang Huiming shouted: "Do you not make a move?"

   "Shoot!"

   "Go!"

   "Should buy the bottom, don't hesitate, just do it"

   Then Zhang Huiming bought crazy!

  10,000 hands!

  10,000 hands!

  10,000 hands!

  10,000 hands!

  10,000 hands!

  10,000 hands!

  It's not just that he is buying bottoms, there are also other funds buying bottoms.

  The Hang Seng Index rose by 100 points when it was about to close, rushing to the 17,850 position.

  But after 3 minutes, it fell to the 17800 position again and closed.

  Although the U.S. rescue plan is expected to pass, the market still lacks confidence. It quickly turned around and fell. The market opened in the afternoon and fell at 8 o'clock, and finally closed at close to the lowest level of the day, with a drop of 4.2%.

  Minghui International Securities Co., Ltd. bought 60,000 lots of the Hang Seng Index, with a position of 17,800, and a fluctuation of one point would be 3 million Hong Kong dollars. For the time being, neither loss nor profit is floating.

   "Haha, perfect bargain hunting"

   "Yes, just wait for the Hang Seng Index to skyrocket tomorrow"

  "Today plummeted, tomorrow skyrocketed, we will close the position tomorrow"

   "Yes, we will have no problem doing billions by then"

  Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu are very much looking forward to now.

  Suddenly Zhang Huiming's phone rang.

  It was discovered that Wu Zhanhai was calling. After the call was made, Wu Zhanhai bluntly said to acquire Minghui International Securities.

  Zhang Huiming smiled and said, "Mr. Wu, I will buy your Black Shirt Investment Bank at that time. We are not short of money!"

  (End of this chapter)