Rebirth of the Financial Crisis Sweeping the World

  Chapter 302 302 Exciting moment! Make a billion U.S. dollars!

  At 8 o'clock in the evening, in the trading room at the headquarters of the Black Shirt Insurance Company, the atmosphere was tense and a little depressing.

  Wang Guanxi sits alone and drinks Longjing tea, leisurely and at ease, as if everything is under control.

  In fact, under his calm appearance, he is also very excited inside.

   There is another hour and a half to open the US stock market.

  There are 3.4 billion U.S. dollars in the fund account of No. 3, and it has borrowed 3 billion U.S. dollars worth of Wells Fargo stock, and it will be short tonight.

  While the financial markets are unpredictable, the US stock market may continue to plummet tonight, or it may skyrocket.

  The horses are all staring at the latest news from the United States.

  Because there are many uncertain factors brewing in the market, the financial market may change at any time.

   "It's really exciting"

   "I don't know what will happen tonight"

  "The U.S. stock market plummeted last night, will it soar tonight?"

   "Fuck, if the skyrocketed tonight, wouldn't we be very disadvantaged by shorting Wells Fargo?"

  "What is the loss? The skyrocketing up will allow us to short Wells Fargo in a higher position."

  At present, the stock price of Wells Fargo Bank is at 30 US dollars per share. If it soars, wouldn’t it be convenient for Black Shirt Insurance to go short?

   "It makes sense, haha, I hope that the US stock market will skyrocket tonight, and then let us short Wells Fargo stock at a high position"

  This time borrowed 100 million shares of Wells Fargo’s stock price, which is worth 3 billion US dollars based on market prices.

  Sell stocks worth $3 billion, which requires a lot of capital to take over.

  Of course, it’s best to sell out tonight.

  If the selling is not over, continue to sell tomorrow night and the next night.

  "This Indian must come to stop us tonight"

   "Come on, kill them"

   "I don't know if the stock market is going up or down tonight."

  At this time, a message followed one after another.

  [US Treasury Secretary Paulson said it will use all means to protect the financial market]

  After the US Treasury Secretary Paulson vetoed the government bailout plan in the House of Representatives, he claimed that he would use all available means to protect the financial market.

  【American Council and White House leaders plan a new rescue plan】

After the U.S. House of Representatives rejected the Treasury Department’s $700 billion rescue plan, senior officials in Congress and the White House are currently trying to formulate a new rescue plan.

   aims to attract those congressmen who are unwilling to pass the bailout plan in order to alleviate the current financial market crisis.

  The next morning after the House of Representatives voted 228 against and 205 in favor of the Ministry of Finance’s bailout plan on Monday, the House Majority Leader Steny Hoyer said: “We cannot stand on the sidelines.”

  As the House of Representatives has no meeting schedule before Thursday, congressional leaders and Bush administration officials are seeking to make changes to the rescue plan in order to win enough votes in favor.

  US President Bush will issue a statement on the rescue plan at 8:45 US Eastern Time (20:45 Hong Kong Time) on Tuesday.

   And Monday’s voting results triggered a large-scale stock market sell-off, pushing the Dow Jones Industrial Average down by 777 points, the highest single-day drop in history.

  The result of the House of Representatives vote and the subsequent market reaction shocked the top government, but it seems that there is no timely solution.

  At half past eight, the good news came again.

  Democratic presidential candidate Opalama issued a statement stating that members of Congress should not “start from the starting line” when weighing how to take the next step.

  He proposed an amendment to the rescue plan, which is to increase the amount of federal deposit insurance for bank accounts from 100,000 U.S. dollars to 250,000 U.S. dollars.

  This measure will boost small businesses, make the U.S. banking system safer, and restore the American public’s confidence in the financial system.

  Treasury Secretary Henry Paulson warned that the credit crunch situation will have an impact on American companies, and pointed out that it will be more difficult for individual consumers to obtain education and auto loans.

  He said: “We must take action as soon as possible to accomplish certain things.”

  But this sense of urgency is not universal. Many lawmakers who oppose the bailout plan strongly believe that the plan is to use taxpayers' money to rescue financial institutions that are in trouble due to their own mistakes. The price is too high for taxpayers.

   still stalemate.

  "Tonight, President Bush’s televised speech will play a key role in the stock market."

   "It must be good for the stock market, right"

   "Maybe it is also bad for the stock market. If his speech does not boost the confidence of the market, then the stock market will still turn around and plummet."

   "Yes, just watch tonight"

   "Hope the stock market soars, let us short 100 million shares of Wells Fargo at a high position"

   At 8:45, the real heavyweight came.

  U.S. President Bush gave a televised speech, saying that the failure of the $700 billion bailout plan to be passed by the House of Representatives is not "the end of legislative action."

  He warned that Congress must take action, otherwise it will cause "painful and lasting" damage to the US economy.

  The president pointed out: “I know that for members of Congress, this is a difficult choice, but the current situation is critical.” If Congress fails to pass legislation, “the situation will become increasingly sinister.”

  He called on lawmakers to return to Congress to pass this legislation.

  Bush will lead Secretary of the Treasury Paulson and other economic advisers to discuss the next action plan with the leaders of both parties in Congress.

  This has greatly increased the confidence of investors in the financial market!

   "Fuck, the good news is here"

   "I'm paralyzed, I have to buy the bottom of the U.S. stock market at the opening."

   "FUCK, the big news is here"

   "I really lost my money last night. I should be able to make a lot of money back tonight, right?"

  "This stock market should be able to rise for many days"

   "Haha, the stock market will skyrocket for three days, and it won’t end until Thursday."

   "It must be"

   "Just waiting for the stock market to skyrocket"

  ··

  Black Shirt Insurance Company, Wang Guanxi looked at the good news, and his heart was very excited.

  This time the global stock market will skyrocket.

  At present, the No. 1 Fund is shorting the Hang Seng Index, holding a total of 60,000 short positions, and the position of opening a position is 19,950.

  The U.S. stock market has skyrocketed, and the Hang Seng Index has also skyrocketed the next day, and the book profits of the No. 1 Fund will decrease a lot.

   Fund No. 2 is shorting Citibank, holding a short list of 5 million shares, with a position of $213 per share, and the U.S. stock market has skyrocketed, and there will be a lot of less profit on the book.

  While Heishan Investment Bank has done more than 200 million shares of Midland Bank, with a position of 1.5 US dollars per share, it will make a big profit tonight.

  Now the No. 3 Fund will short Wells Fargo Bank. The stock market has skyrocketed, and it is also suitable for shorting at a high level.

  "After the U.S. stock market opens, if Wells Fargo's stock price rises above $38.00 per share, we will start shorting Wells Fargo!"

  The stock market did not open, but there was heavy positive news that boosted confidence in the global stock market. Wells Fargo is a major international bank. The stock price plummeted to US$30.00 last night because the US Congress vetoed the US$700 billion rescue plan.

  With such good news tonight, Wells Fargo’s stock price must have skyrocketed.

  But Wang Guanxi doesn't know how many dollars have skyrocketed. He can only make an estimate, and then short Wells Fargo's stock at a suitable position.

  He thinks that Wells Fargo’s stock price rises to $38.00 per share, which is very suitable for shorting.

   "I'm paralyzed, the Indians have been buying as long as they have a seed, so that the stock price of Wells Fargo Bank will go up and see if I will kill you."

  This time, the Black Shirt Insurance Company borrowed 100 million shares in total, of which 50 million shares were borrowed from the Indian Industrial Trust and Investment Bank. The information that Indians can know is that the Black Shirt Insurance Company borrowed 50 million shares.

  Other information, Indians don’t know.

  I don’t know how much money the Black Shirt Insurance Company used to short Wells Fargo and how many shares it borrowed.

  If the Indians just think that the Black Shirt Insurance Company only borrowed 50 million shares of Wells Fargo, then they would underestimate the strength of the Black Shirt Group, and the Indians will definitely suffer a big loss.

   "I hope these Indian idiots underestimate our strength this time, and then buy at the opening. I will put them in a high position all at once!"

  Although the No. 3 fund under the custody of the Black Shirt Insurance Company shorted Wells Fargo’s stock against the trend tonight, it did not go short as soon as the market opened.

  Instead, wait until Wells Fargo’s estimated share price reaches $38.00 per share before acting.

  If the Indians really underestimated the strength of the black shirt insurance company, that would be great.

   "These Indians say that Lao Tzu is a nouveau riche, so this time I will **** you fiercely"

  Nouveau riche, nouveau riche!

  Wang Guanxi felt depressed when he thought of these three words, and took a sip of herbal tea!

  ··

  At the moment, dinner is over in the Peninsula Hotel.

   Zheng Yuanfeng, the heir of the Zheng’s consortium, and Ratan Tata, the heir of the Tata consortium, left because they had something to discuss in detail.

  This time, the Tata Consortium has reached a strategic cooperation agreement with Chow Tai Fook Jewelry Company under the Cheng Consortium, allowing the Tata Consortium of India to open up the Asian jewelry industry market.

  If it weren’t for the Black Shirt Group to make the Zheng’s consortium like this, the Tata consortium would not have had the opportunity to cooperate with the Zheng consortium. Ratan Tata would be very happy about this.

   "This black shirt group never expected to eventually benefit me Ratan Tata fisherman, right?"

   "Haha!"

  Zheng Yuanfeng was also lamenting in his heart, but he did not expect the Nengtata Consortium to reach a strategic cooperation agreement.

  Once this crisis is overcome, the Jewellery business of the Zheng Consortium can also enter India.

  Both are very satisfied with this strategic cooperation, and then find a place to discuss.

  And Nehru of India’s private pension.

  Thunderpur Bartra of the Indian Industrial Trust and Investment Bank,

  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.

  The six people stayed because tonight's US stock market is very important to them.

   Nehru was very excited and said: “The U.S. stock market must have skyrocketed tonight. I don’t know if this Chinese person dare to short Wells Fargo?”

  In the past, India’s private pensions were long 5 million shares of Citibank, with a position of $136 per share. Citibank’s share price closed at $190 per share last night, and their book value floated $270 million.

  At present, these 5 million shares have been lent to the Heishan Group to short Citibank. The US stock market soared tonight, and Citibank’s stock price should rise a lot. I don’t know if the Chinese people still dare to short Wells Fargo tonight?

  Sundep Batra laughed and said: “These Chinese people borrowed 50 million shares of Wells Fargo from me. They will definitely short Wells Fargo. Let them know the consequences of their arrogance tonight.

  At that time, the stock prices of Citibank and Wells Fargo Bank have risen all the way, making them cry out of the toilet"

  In the past, the Indian Industrial Trust and Investment Bank fought against the Black Shirt Group and bought 6 million shares of Citibank. The position was opened at $215 per share, with a loss of $150 million on the book.

Citibank’s stock price will surely soar tonight. This black shirt group will definitely lose a lot of profits, but the people in this black shirt group are very arrogant and will definitely short Wells Fargo against the trend. When the stock market has soared for three consecutive days, it is definitely a loss. Black Shirt Group.

  Feroz Sanhavi also said: "We will wait and see, if the Black Shirt Group dared to short Wells Fargo tonight, then they could die.

   After all, being arrogant also requires strength. If you don’t have strength, you dare to be arrogant. It’s no different from looking for death.”

  The stock of Wells Fargo Bank of the United States does not know how many investment institutions pursue it, but it is one of the best banks in the United States. It is ignorant and stupid for the Black Shirt Group to short Wells Fargo, but this is a good thing.

Anand Mahindra lightly touched his hard beard, looked at Wells Fargo’s stock price chart, and analyzed: “This time, the Black Shirt Group will definitely wait for Wells Fargo’s stock price to reach $35.00. Go short even above $38.

  So I am not in a hurry, I will wait for them to finish shorting, and then I will pull up the stock price to trap them! "

  Speaking of this, he smiled sinisterly: "These Chinese people must not underestimate the strength of our Baroda Bank of India, but I am prepared to buy 100 million shares. They may only have 50 million shares. How can I play with me?"

  Others ordered and laughed: "This Chinese person is arrogant and arrogant. I definitely don’t know that you are going to buy 100 million shares of Baroda."

  "It is estimated that Huaxiaren borrowed 50 million shares to 70 million shares!"

   "Kill them this time!"

  Lajuslov sprayed detergent on his red glasses and wiped them: "I hope they will not be killed by you on Wells Fargo. I also hope that they will be short on HSBC."

   "Although I don't know how much money the Heishan Group has, it is definitely not as much as an Indian overseas bank!"

  Gilayu Amin scratched his long curly hair, patted dandruff, and yawned: “I hope the Black Shirt Group still has funds to short Bank of America.

  Otherwise, when we increase its holdings in Bank of America, the United Bank of India will have less opponents to hit the market, which is really boring."

  The six people chatted and chatted time slowly, and Ratan Tata also returned. He smiled and said, “This time the upstart of the Blackshirt Group doesn’t know if he can short HSBC tomorrow?”

   "Our Tata consortium has held HSBC stocks for a long time, and we want to lend to the Black Shirt Group to short-term, and we will earn hundreds of millions of dollars in interest every month."

  Anand Mahindra tore off a beard and licked it in his mouth, and smiled: “If these Chinese people short Wells Fargo tonight and didn’t lose much money, they should continue to short HSBC and Bank of America Holdings.”

  Ratan Tata smiled; “I hope the Black Shirt Group can live longer this time, TM. You don’t know how happy I am after hearing that they plan to short HSBC.”

  Feroz Sanhavi sneered and said: "These shameless Chinese people, if they dare to short HSBC, they are simply looking for death."

  Then the US stock market also opened.

  The U.S. stock market rose slightly, which is far from the expected skyrocket!

  The market ignored the previous TV speech of President Bush at 8:45, which did not have any effect on the stock market, my God!

   actually didn't play any role.

  It was shocking, and Wang Guanxi, the black shirt insurance company, also temporarily changed its strategy and said: “Watch the market tonight, don’t rush to sell short”

  Although most stocks have not risen, Wells Fargo’s stock price has been sought after by investors and has continued to rise.

  Mosaic Group, Dutch Pension, Singapore Sovereign Fund, New Jersey Pension are all buying.

  Buy a lot!

  Wells Fargo’s stock price has been rising.

  31 USD per share.

  32 dollars per share!

  ···

  35 USD per share!

   Anand Mahindra's expression was a bit distorted, and he didn't make a move. He had been waiting for the Huaxia people to sell short, but these Huaxia people just couldn't make a move.

  Let him have no place to punch his prepared fists.

  Gradually, Wells Fargo’s stock price rushed to $36.00 per share, and then stood firm here.

  Anand Mahinde ordered: "After 10 minutes, you can start buying, let the stock price rush to 38.00 US dollars per share, and draw these Chinese people out."

  "Yes, President", the traders are getting ready!

   Just then, the good news came.

  [The White House of the United States re-negotiations with congressional leaders, the new version of the rescue plan is expected to be launched on Wednesday, local time]

  The stock market is boiling!

  A rise!

  Citibank rose!

  Bank of America Corporation rose!

  HSBC Bank of America rose!

  Wells Fargo rises!

  Microsoft, Apple, Google, Amazon, Asimer, SAIFX Inc.···Qiqi rose.

  "Buy for me now, don't wait for Huaxia people to sell short, buy!" Anand Mahinde shouted

  "Yes, President" traders have started to buy!

  5 million shares!

  5 million shares!

  5 million shares!

  ··

  Wells Fargo’s stock price is rising all the way!

  37

  38

  39

  40!

  40 USD per share!

  Anand Mahinde shouted: "Stop!"

"stop!"

  "Wait for Huaxia people to sell short!"

  So everyone stopped!

  Now they have bought 50 million shares of Wells Fargo Bank.

  However, the Heishan Group still did not sell short and continue to wait and see.

  Wang Guanxi: "When the good news of the stock market is out, we will act again!"

   "Yes, BOSS!"

  Wells Fargo’s stock price is still rising!

  41

  42

  43

  44 dollars per share!

  At this time, because the stock price was too high, Bill Miller of Legg Mason Group began to sell Wells Fargo’s stock because of profit!

  "Sell Wells Fargo Bank"

   "The stock price has risen so much, it can't rise for the time being, let's call it a day"

  "Yes, Mr. Miller" traders began to sell the Wells Fargo stock they had bought before.

  New Jersey pensions also sold off.

  So Wells Fargo’s stock price turned and fell!

  43

  42

  41

  40 USD per share!

   Seeing this, Anand Mahinde shouted: "Huaxia people are short, buy it for me immediately!"

  "Yes, President" traders have bought shares of Wells Fargo Bank.

  So the funds of Baroda Bank of India and the funds of Legg Mason Group and New Jersey Pension Funds began to work together!

  However, there are not many stocks sold by Legg Mason and New Jersey pension funds. With the purchase of Bank of Baroda in India, Wells Fargo’s stock price continued to rise.

  41

  42

  43

  44 dollars per share!

  They bought another 50 million shares!

  The position of opening a position is at 40 US dollars per share. This time, I bought 100 million shares and spent 4 billion US dollars. The book has a temporary profit of 400 million US dollars.

   "Not bad!"

  "10% floating profit!"

  But Anand Mahinde hasn’t been happy for long. The people in the Black Shirt Group have begun to short Wells Fargo,

  Wang Guanxi shouted: “Sell all 100 million shares and let Wells Fargo’s stock price fall”

  "Yes, BOSS" Wu Zhankun and others began to sell.

  4 million shares!

  4 million shares!

  4 million shares!

  ··

  The stock price of Wells Fargo has turned around from the position of $44 per share!

  43

  42

  41

  40

When    fell to $40 per share, Anand Mahinde's face changed drastically, and suddenly he thought of something, a feeling of suffocation and suffocation appeared on the ground.

  And the No. 3 fund under the custody of Blackshirt Insurance is still shorting!

  Wells Fargo’s stock price continues to fall!

  Anand Mahinde has already consumed US$4 billion in funds, and can do nothing but watch the stock price fall all the way.

  39

  38

  37

   36 US dollars per share, they lost 400 million US dollars on the book!

**** it!

   "How many stocks does Huaxia own?"

  Anand Mahinde's face is a little pale!

  Nehru, Sundep Batra, Ratan Tata, Feroz Sanghawi, Rajuslov, Gilayu Amin and others also changed their faces.

   "paralyzed, this underestimates the strength of Huaxia people"

   "They sell at least 100 million shares down"

   "Damn, I thought they just borrowed 50 million from our Indian Industrial Trust and Investment Bank!"

   "Grass!"

   "So they have been waiting!"

   "I'm paralyzed, this Chinese man is really a Teenage Mutant Ninja Turtle!"

   "For TM, we underestimated their strength from the beginning. We didn't expect them to be so courageous and borrowed hundreds of millions of shares of Wells Fargo!"

  And Anand Mahinde's face became more and more gloomy, and he cursed: "It's the uncle of him, I underestimated them!"

   "Well, I didn't expect the good news for this stock market to come and go quickly!"

   "I am paralyzed, now I am trapped"

  The No. 3 fund under the custody of the Black Shirt Insurance Company has shorted 100 million shares of Wells Fargo Bank, with a position of around US$40 per share, and a temporary profit of US$400 million.

  Slowly, Wells Fargo’s stock price fluctuated at $36 per share for half an hour before being sold by ABN AMRO again.

  The stock price continued to fall, and soon fell to 33 US dollars per share!

   Then it was sold off by Singapore's sovereign fund!

  The stock price continues to fall!

  32

  31

  30 USD per share!

  Tonight, Wells Fargo’s stock price soared and plummeted!

  From 30 US dollars per share to a maximum of 44 US dollars per share, an increase of 46%

  But it fell back from the position of $44 per share to $30 per share and was beaten back to the prototype.

  An upper doji appeared in the daily chart.

  The upper doji means that the upper shadow line is long, and the intraday rushes higher and falls, indicating that the strength of long is greatly resisted

  It is conceivable how miserable the upward momentum of Wells Fargo Bank has been suppressed today!

  Anand Mahinde was sweating cold on his back, because they had lost 1 billion dollars on their books.

   His face was full of anger, he pulled a long beard fiercely, and cursed: "How many shares are these Chinese people short?"

   "TM's!"

  Other bank stocks are rising tonight, but the stock price of Wells Fargo has been beaten back to its original form. Are you out of breath?

  Nehru, Sundeep Batra, Ratan Tata, Feroz Sanghawi, Rajuslov, Gilayu Amin and others hurriedly came to comfort Anand Mahinde.

   "Don't worry, it's okay"

  “It’s just a temporary loss”

  "Citibank, Bank of America, HSBC are all rising"

  "While the stock price of Wells Fargo Bank was smashed by Huaxia, it will still rise."

   "Wait slowly"

   "This stock market will continue to rise for a few days"

  The Heijian Insurance Company, Wang Guanxi and others are very excited.

  "Not only did Baroda Bank of India be trapped tonight, there was still a billion dollars in the book."

   "Haha, are these Indian stock prices exploded?"

   "That's for sure"

   "Haha, these Indian idiots underestimated our strength. I did not expect that we borrowed 100 million shares to go short"

  Wang Guanxi looked at the chart of Wells Fargo Bank, and now that Wells Fargo’s stock price has been sold wildly by them, it is completely frustrated, and it will be impossible to rise for a while.

  The share prices of Citibank, Bank of America, HSBC, and Wachovia are all rising.

  Bank of America and HSBC’s stock prices have soared, but it’s just a good thing to facilitate the follow-up Black Shirt Group short selling.

  The No. 2 fund is shorting Citibank, and the profit on the book is declining. It doesn't matter, after all, the position of opening a position is 213 US dollars per share.

  While Heishan Investment Bank has done more than 200 million shares of Midland Bank, with a position of 1.5 US dollars per share, the profit on the book is increasing wildly.

  Now we need to focus on the profit on Midland Bank.

  The stock price of Midland Bank.

  2.1

  2.2

  2.3

  ……

  (End of this chapter)