Rebirth of the Financial Crisis Sweeping the World
Chapter 301: 301 nouveau riche! Do 3 billion dollars!
Chapter 301 301 Nouveau riche! Do 3 billion dollars!
Wang Guanxi nodded: "Well, have you borrowed all the stocks?"
I had negotiated with him before and borrowed 50 million shares, but now Wang Guanxi has borrowed US$3.4 billion from Wing Hang Bank. 50 million shares are not enough, and I need to continue borrowing, preferably more than 80 million shares.
He will do a big job on Wells Fargo this time!
Lin Jiyang said excitedly: “BOSS, has borrowed 40 million shares, UBS has 20 million shares, BlackRock has 20 million shares, and the remaining 40 million shares have been discussed with the Indian Industrial Trust Bank."
Wang Guanxi nodded: "Very well, it's best to borrow 60 million shares from Indians"
20 million shares of UBS, 20 million shares of BlackRock Group, plus 60 million shares borrowed by Indians, that is 100 million shares, and you can do a big job on Wells Fargo.
Of course, it is possible to borrow less than 100 million shares. The ghost knows where the Indians have 60 million shares.
But Wang Guanxi hopes to have it.
And there are more, it is best to borrow another 80 million shares.
At that time, the Indians' funds can be put to the death of Wells Fargo Bank.
"Yes, BOSS" Lin Jiyang left again.
Half an hour later, Lin Jiyang came back and said excitedly: "BOSS, Sundeep Batra of the Indian Industrial Trust and Investment Bank borrowed 50 million shares. The monthly interest rate is the same as that of UBS and BlackRock at 1.5. %"
"Well, very good, let's be ready to short Wells Fargo Bank at night!" Wang Guanxi was very satisfied.
90 million shares of Wells Fargo Bank is not a small number.
Currently, Wells Fargo’s stock price is at $30 per share, which is worth $2.7 billion.
Unfortunately, it’s still a bit close. After all, there are still US$3.4 billion in the No. 3 Fund account. Now I have only borrowed 90 million shares of Wells Fargo.
Thinking about it, Wang Guanxi made a call directly to Brian Schreiber, head of Asia Pacific of American International Group.
Everyone is old acquaintance. When the Black Shirt Insurance Company shorted Lehman Brothers for the first time, it was asking about the stock borrowed by American International Group.
As a major shareholder of Lehman Brothers, after the bankruptcy of Lehman Brothers, American International Group lost everything.
After the call was connected, Wang Guanxi said: "Mr. Brian Schreiber, do you still have Wells Fargo stock in the hands of AIG Group? 10 million shares would be fine."
Brian Schreiber heard it, and suddenly understood that Wang Guanxi was going to be short of Wells Fargo.
This Wells Fargo Bank is a major international bank. Its performance is very good and it has not suffered any major losses. During the financial crisis, its stock price is still rising. It is not the bankrupt Lehman Brothers, Washington Mutual Bank+!
Wang Guanxi’s black shirt insurance company should be short of Wells Fargo’s stock, which is simply very stupid.
Brian Schreiber thought for a while and said: "Mr. Wang, we currently do not have Wells Fargo stock in AIG, but we can borrow 10 million shares for you, and we have to charge an intermediate fee."
Then he explained: “That’s our big customer, holding 10 million shares, so we can help you borrow from the black insurance company, but you have to give us an intermediary fee.”
"OK, no problem." Wang Guanxi quickly agreed. This intermediary fee is nothing, compared to making big money, it is insignificant.
Before the black shirt insurance company shorted AIG Group and made a profit of US$1.84 billion, it paid US$26 million in interest.
"I will arrange for a lawyer to go there immediately"
"OK!"
After finishing the call, Wang Guanxi was very excited and borrowed another 10 million shares, which is 100 million shares.
Go directly to Wells Fargo Bank tonight!
100 million shares are worth only 3 billion U.S. dollars. For Wells Fargo, which has a market value of more than 100 billion U.S. dollars, it accounts for less than 3%.
"Wells Fargo, hehe, brother can keep the No. 3 fund shorting"
The future stock price of Wells Fargo Bank will naturally not keep falling. It fluctuates midway, which can make the No. 3 fund short for many times.
Of course, you still find a good position for shorting each time, otherwise you may be blown up.
After looking at the historical stock price chart of Wells Fargo Bank, Wang Guanxi took a deep breath, replaced the computer, and closed his eyes for a while, he began to check the balance sheet of the black shirt insurance company.
This time, the black shirt insurance company has made tens of billions after closing its position on American International Group.
Currently, the capital flow of the black shirt insurance company is as high as 26.4 billion Hong Kong dollars, and the net assets are as high as 13.4 billion Hong Kong dollars.
You can buy other insurance companies.
But who to buy?
There are many large and small insurance companies in Hong Kong. The well-known ones are AXA Insurance Group of France, Dutch Insurance Group, Prudential Group of the United Kingdom, AIA under the American International Group, Manulife Insurance under the Canadian Manulife Financial Group, and HSBC Group’s HSBC Life, Bank of China Life under the Bank of China Group.
These are large insurance companies, with assets of hundreds of billions at every turn.
There are even those with trillions of assets.
At present, the total assets of the black shirt insurance company are only 37.4 billion, and there is still a long way to go.
Wang Guanxi can’t wait to expand the black shirt insurance company.
"Where did the small insurance company be acquired?"
Wang Guanxi pondered for a while, and soon thought of the New World Development Group of the Zheng Consortium, which owns the New World Insurance Company, which has suffered heavy losses recently. It is rumored that the assets are insolvent, and I don’t know if it is true.
Because the Heishan Group is always spreading rumors and discrediting its opponents, under the deliberate arrangements of the Heishan Group, the news says that New World Insurance Company is insolvent. In addition, the Zheng family is silent, Wang Guanxi really believes. .
Then Wang Guanxi said to Ma Tsai: "Call the Zheng family and say to acquire the New World Insurance Company under the New World Development Group."
"Yes, BOSS" Huang Shaokai immediately took out his mobile phone, intending to call an old acquaintance, an old opponent from the Zheng family.
Wu Zhankun on the side of smiled and said: "Remember to turn on the PA, let us listen to what Zheng Yuanfeng said"
Zhang Dexi also said: "Look at the tone of Zheng Yuanfeng's grandson, will he bow his head to us?"
Wang Juehao said excitedly: "Zheng Yuanfeng must beg us to make a higher price in a low voice."
Bai Weiqiang smiled: “The Zheng’s consortium is now running out of funds, and the New World Development Group and Chow Tai Fook Jewellery Company are in a very difficult situation.
In addition, New World Insurance Company has also suffered a huge loss in the US financial market. Now I call them and say to buy their New World Insurance Company. They are probably enjoying themselves.”
Wu Zhanhai also said: “This New World Insurance Company has assets of more than 10 billion Hong Kong dollars, which is not bad.”
Lu Jianyan smiled: “Look at how the Zheng family bowed their heads, I’ve long been uncomfortable with these old Hong Kong consortiums.”
Guan Zhenyi said: “I heard that the Chow Tai Fook Jewelry Company under the Zheng family has been severely impacted by the financial crisis and the capital chain has been broken. The Zheng family must be asking for the New World Insurance Company to be sold to us.”
Wang Guanxi also smiled and said: “After the acquisition of New World Insurance Company this time, we can ease the relationship with the Zheng family, and we will discuss with them to liquidate the New World Development Group’s stock.”
At present, the black shirt hedge fund is still shorting the shares of New World Development Group, and New World Development Group is currently experiencing difficulties and its stock price is unsightly.
In addition, the Zheng family also suffered heavy losses in the mainland real estate market, and now the entire Zheng family consortium is at stake.
As long as the Zheng family is soft and sells New World Insurance Company to Heishan Group, then everyone can speak up.
Thinking of the ability to swallow the New World Insurance Company and bring the assets of the Black Shirt Insurance Company close to 50 billion Hong Kong dollars, Wang Guanxi is very looking forward to it.
"Yes, BOSS" Huang Shaokai hurriedly dialed Zheng Yuanfeng's phone and activated the amplification.
The call was quickly connected. Huang Shaokai said something nice first, but Zheng Yuanfeng became impatient when he heard it.
"President Huang, what the **** is going on? Tell me soon"
So Huang Shaokai stopped selling, saying that he was going to acquire the New World Insurance Company under the New World Development Group.
As a result, Zheng Yuanfeng, the heir of the Zheng consortium, directly refused.
Huang Shaokai asked helplessly: "Mr. Zheng, are you really planning to sell it?"
Zheng Yuanfeng responded on the phone: "Our Zheng family is not short of money, and we do not plan to sell."
Huang Shao laughed and said: "Brother Zheng, I know that you are short of money. Everyone is a business man, so why bother to be as serious as a child.
Everyone can sit down and discuss the price. You can see that the share price of your New World Development Group has fallen so low. I know you are short of money."
Zheng Yuanfeng listened to Huang Shaokai’s words, and his heart was immediately suppressed and angry. Isn't it because the black shirt insurance company has shorted the New World Development Group's share price so low?
And this Huang Shaokai actually said that he was as true as a child, which was a kind of harm to his soul, especially the **** Huang Shaokai was slandering and spreading rumors about the Zheng consortium!
So he said coldly: "Our Zheng family lacks money and will not sell it to you upstarts!"
Unable to talk, ended the call.
Zheng Yuanfeng of the Zheng family actually said that the Heishan Group is a nouveau riche, and look down upon the newly emerging group of people from the Heishan Group!
As an old consortium in Hong Kong, it is quite full of the superiority of the Heishan Group, which immediately made the high-level horses of the Heishan Group angry!
Huang Shaokai cursed: "Zheng Yuanfeng, the grandson, is paralyzed. The Zheng consortium must kill him!"
He had said all the good things before. Unexpectedly, Zheng Yuanfeng was very shameless, so he refused directly and insulted them.
Just started to drive the amplifier, which made him very faceless, really **** Zheng Yuanfeng, actually dare to say that the Heishan Group is a nouveau riche!
Wu Zhankun was also extremely annoyed. The script was different from what was expected. He said fiercely: "This Zheng Yuanfeng of TM simply doesn't take us seriously."
Originally thought that Zheng Yuanshan would honestly sell the New World Insurance Company, and also pleaded for a price increase. Unexpectedly, Zheng Yuanfeng insulted them as a nouveau riche.
Zhang Dexi also cursed: "Grass, what kind of stuff is Zheng Yuanfeng, dare to say that we are nouveau riche"
This Zheng Yuanfeng is too arrogant. This defeated general dare to look down on them. Hearing this, Zhang Dexi felt the insult of self-esteem.
Wang Juehao also scolded fiercely: "It's paralyzed, the Zheng Consortium is a bird! Grass, it's not that the stock price fell into shit, and the loss was heavy!"
Cheng’s consortium is the top ten consortium in Hong Kong, but it was embarrassed by them, its market value had shrunk severely, and it was facing the problem of rupture of capital flow. It was simply unbearable to dare to humiliate them.
Bai Weiqiang also said: "Boss, we must rectify this Zheng family after this financial war!"
Wu Zhanhai also said: "Yes, we are going to contain and attack the commercial kingdom of the Zheng consortium, and repair the real estate business fiercely!"
The current Wang Guanxi is also very angry. This Zheng Yuanfeng dares to look down on himself!
Day is coming, sooner or later, we will fix the Zheng family vigorously!
"TM, when we finish the financial war, we will be the first to rectify this Zheng family!"
"Mutilate the business kingdom of the Zheng family, grass!"
"Order to go down, all employees and all partners under the Heishan Group will cut off business contacts with the Zheng Consortium in the future."
"Oh, yes, now is the preparation stage, when we are finished with the financial war, we will attack!"
"I don't believe it, I won't destroy it!"
"I will kill it even more in the future!"
Zheng Yuanfeng has been beaten so embarrassed, his family assets have shrunk severely, the company's capital flow has dried up, dare to look down on his upstart?
It doesn’t seem to hurt enough to beat the Zheng’s consortium!
This time, once the financial war is over, the Zheng family will be the first one to vacate their hands!
Grass, what, dare to look down upon yourself!
“The Zheng family must pay a heavy price”
Everyone said with excitement: "Yes, BOSS!"
Soon a piece of news came out.
Sing Tao Daily: [Chow Tai Fook Jewelry Company under the Zheng Consortium obtained a joint loan from Bank of Baroda, Indian Overseas Bank, and United Bank of India]
Oriental Daily: [Chow Tai Fook Jewellery Company reached a strategic cooperation agreement with the Tata Consortium of India]
Ming Pao: [New World Insurance Company, a subsidiary of New World Development Group, obtained a total of HK$500 million in strategic financing from the Imperial Bank of India and the Industrial Trust Bank of India]
Hong Kong Commercial Daily: [Indian private pension shares in New World First Bus, New World Transmission Network, New World First Ferry]
Senior Financial Analyst of the Indian Industrial Trust and Investment Bank: [The upstart Heishan Group’s acquisition of New World Insurance was blocked by the three major international banks in India]
The people in the Black Shirt Group did not expect these Indians to take money out to support the Zheng consortium.
Huang Shaokai cursed: "I'm paralyzed, these Indians just can’t live with us."
Wu Zhankun: "Grass, no wonder Zheng Yuanfeng was so hard-spirited before. It turns out that it was where the Indians got the funds."
Zhang Dexi: "My day, this Indian has made it clear that he wants to **** our prey"
Wang Juehao: "Grass, this New World Insurance Company is our prey. This Indian actually came to attack us and said that we are nouveau riche!"
Bai Weiqiang: "Paralled, the Indians have financed the New World Insurance Company, and now we have to struggle with us in the insurance industry."
Wang Guanxi is also very angry, this Indian is really stubborn.
The Heishan Group is ready to acquire the New World Insurance Company under the Zheng Consortium. This Indian has just jumped out of the bad things about the Heishan Group.
is simply TM's hateful to the extreme.
"The Indians are blocking our way. In the future, we will slowly settle accounts with them. In the future, as long as they are interested in companies or assets internationally, we will all grab them!"
"In the industries they are involved in, we have to compete to seize their overseas markets"
"If they want to do it, we will do it with them to the end!"
"My crown Xi Ke has never counseled anyone!"
"Heishan Group does not have any counseling words!"
Everyone listened to it with excitement.
"Grass, after this financial war, the international car brand of the Tata Consortium must be killed"
"The paralyzed, and their steel, we will also establish a steel company in the future, reduce costs, and grab their international market."
"And their oil, we can be in Africa..."
···
Everyone talked about a lot of industry fields, and the black shirt consortium will be involved in the future. After all, the black shirt consortium cannot always develop in the financial field. The physical empire is indispensable.
Wang Guanxi’s black shirt consortium is mainly expanding in Asia, and its opponents are also eager to expand in Asia.
Opponents are Indian consortiums that are going international.
In the future, the Black Shirt Consortium will compete with the Indian capital, which is anxious to internationalize, in technology, energy, manufacturing, automotive, retail, medicine, and various industries.
The Indians and the Zheng consortium do not look down upon the Heishan Group. They also say that the Heishan Group is a nouveau riche. He believes that the Heishan Group has no foundation. It is relying on making money in the financial market, and there is no entity company under its umbrella .
"In the future, these Indians must suffer heavy losses in all walks of life internationally"
Wang Guanxi remembers that because of the subprime mortgage crisis in the United States, in March today, India’s Tata Group invested US$2.3 billion to acquire two major brands, Jaguar and Land Rover, under Ford, which caused shocks in the international car scene and will sell in the future.
Wang Guanxi also wants to build a car group, acquire some brands, and compete with Tata Motor Group.
Of course, this is only the automotive industry, and there are more industries to do. Wang Guanxi is actually looking forward to it.
Although many are not in his field of expertise, he can support other companies. It is good for him to be a major shareholder, perhaps to support agents.
But now the financial war is still ready.
Thinking of this, Wang Guanxi said: “I’m ready to short the Wells Fargo Bank tonight. The three major international banks in India dare to stop us, just do them!”
"Yes, BOSS", everyone is full of resentment towards the bankers. If it weren't for the Indians, would Zheng Yuanfeng of the Zheng consortium dare to speak to their black shirt group like this?
actually said that they are upstarts, it is simply unbearable.
This time the black shirt insurance company is shorting Wells Fargo, there is a high probability that the Indian will come to stop it.
It has long been rumored that the three major banks of Baroda Bank of India, Indian Overseas Bank, and United Bank of India intend to buy shares of Wells Fargo, Bank of America and HSBC, but they have not acted.
It is likely to be waiting for the black shirt insurance company to go short, and then they will try to block it.
Because if the black shirt insurance company is short, the stock price will fall, and as long as the Indians buy stocks, they will not share the high cost of building a position.
In the evening, the Peninsula Hotel.
Zheng Yuanfeng of the Zheng family, Sundeep Bartra of the Indian Industrial Trust and Investment Bank, Nehru of the Indian Private Pension Fund, and Ratan Tata of the Tata Consortium.
Feroz Sanhavi of the Imperial Bank of India.
Anand Mahindra of Baroda Bank, India.
Rajuslov of Indian Overseas Bank.
Girayu Amin of United Bank of India.
All gathered here to have dinner together.
Zheng Yuanfeng is very happy. Today, the seven major financial institutions in India have provided financial support to the companies under the Zheng consortium. Although not much, it can also alleviate the shortage of capital in the Zheng consortium.
"My Zheng, thank you all here, I respect you." Zheng Yuanfeng drank a good drink and had a drink of white wine. It was very hot, but it didn't seem to affect the joy on his face.
He originally planned to sell more assets at a discount to obtain cash flow. In that case, he would lose a lot of money, but now with the financial support of India, he does not need to sell assets at a discount.
Although he also knows that these Indians are uneasy, the control of the company is still firmly in the hands of the Zheng family, so he is not worried about what Indians do.
At this time, Sundeep Batra smiled and said: "Mr. Zheng, you are the enemies of the Black Shirt Group, that is, our friends. Friends should help each other."
Nehru also said: "We are just a matter of hand."
Ratan Tata: "Our Tata consortium also happens to have strategic cooperation with Chow Tai Fook Jewellery Company, which is beneficial to both of us."
Anand Mahindra lightly patted his rough beard, and smiled: "The enemy of the Black Shirt Group is our friend!"
Lajuslov wiped the big red glasses and said: "This black shirt insurance company also wants to acquire New World Insurance Company. It is a dream. This time they want to short Wells Fargo Bank, we can blow them up."
Gilayu Amin, with his long curly hair gently tossed, he said excitedly: "This black shirt group is currently borrowing shares of Wells Fargo Bank crazily. It will be short tonight. We can **** them tonight."
Today, the companies under the Blackshirt Group, except for the Blackshirt Insurance Company, all other corporate assets have been mortgaged to Bank of Baroda, Indian Overseas Bank, and United Bank of India. They have borrowed US$200 million to go to the Midland Bank.
The probability that Midland Bank will go bankrupt, following in the footsteps of Lehman Brothers and Washington Mutual Bank, means that the Black Shirt Investment Bank will lose its money.
And now the black shirt insurance company is going to be short of Wells Fargo, this time the black shirt insurance company is killed, and the black shirt group is completely ruined.
Sundeep Batra said: "This time 50 million shares of Wells Fargo Bank of the Indian Industrial Trust and Investment Bank have been lent to the Black Shirt Insurance Company. It is rumored that they are also borrowing shares elsewhere. I guess they should Can borrow another 20 million shares"
"Anand Mahindra, this black shirt insurance company may short 50 million to 80 million shares of Wells Fargo, are you Indian Bank of Baroda ready?"
This time, Baroda Bank of India intends to buy shares of Wells Fargo, but it has been waiting for the black shirt insurance company to sell short, and now it is finally coming.
The corner of Anand Mahindra’s mouth raised slightly, and he said: “Don’t worry, we will increase our holdings by 100 million shares and we will kill the black shirt group every minute.”
"It's just a nouveau riche. If you make some money, you don't know whether to live or die, and you dare to short Wells Fargo!"
"Is it really possible to put Wells Fargo Bank on the spot, Lehman Brothers, and Washington Mutual Bank?"
After talking, Anand Mahinde also tore off a white beard.
Sundep Batrahaha smiled: "This upstart must be killed this time."
"Once the Fed cuts interest rates and releases a huge amount of money, the stock market does not know how far it has risen."
"Yes, banking stocks and financial stocks will rise wildly in the future"
"Although the US government's $700 billion rescue plan was rejected, it will still launch other economic stimulus plans."
"The ignorant nouveau riche is dead!"
Everyone is very excited!
Although the U.S. stock market plummeted last night, the stock prices of Wells Fargo, Bank of America, Citibank, and HSBC were firmly supported.
After the bad news is exhausted, it is good news.
The US government launched a new rescue plan, and the Fed cut interest rates. Either way, the stock market will skyrocket.
The black shirt group dared to short Wells Fargo and Citibank, but also wanted to short Bank of America and HSBC, just seeking a dead end.
"Just wait for the US stock market to open at 9:30 in the evening!"
(End of this chapter)
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