Rebirth of the Financial Crisis Sweeping the World

  Chapter 304 304 The financial world was shocked, with a floating profit of 480 million US dollars!

  2.6

  2.7

  2.8

  ··

  $3.0 per share!

  The stock price of Midland Bank broke through to the 3.0 position.

  There has been a loss of 300 million US dollars on the book.

  Five people are in fear and their faces are pale!

  Cold sweat is coming out of the back, like spring water gushing out.

"Do not!"

"Oh no!"

"how can that be?"

   "Why is this happening!"

   "Ah!!! Damn it!"

  The stock price is still rising.

  3.1

  3.2

  ··

  Finally rushed to 3.5 US dollars per share!

  The floating loss on their books is as high as 400 million U.S. dollars, and there is still a net worth of 400 million U.S. dollars in the account.

  Floating loss is half.

  The five people's hearts were dripping blood, and their bodies trembled again.

  Unexpectedly, in a blink of an eye, the U.S. stock market has skyrocketed again.

  The stock price of Midland Bank also rushed to 3.5 US dollars per share, which is maddening the five of them.

  Li Songwei asked with a pale face: "Our book has a floating loss of up to 400 million U.S. dollars. What should we do? What should we do? What should we do?"

  At this moment, he has lost so much on the book, he doesn't know what to do, and his heart is very nervous and anxious.

  400 million U.S. dollars.

  This is not a small number, a figure that can kill people, 400 million US dollars is 3.1 billion Hong Kong dollars.

  It is calculated that the five people each suffered a loss of HK$620 million.

  This time, asking Heishan Investment Bank to borrow 200 million shares of Midland Bank to go short, which has obviously become a wrong decision.

  You Zhenxuan said with trepidation, “Now that the stock price of Midland Bank has reached 3.5 US dollars per share, will we liquidate our positions?”

  Originally, they collected 500 million U.S. dollars to short Midland Bank, and then last night, there was an accident.

  At that time, because they were worried about losing too much, they deposited 300 million U.S. dollars into it, totaling 800 million U.S. dollars.

  But now it has lost 400 million US dollars.

  If the stock price of Wachovia Bank rises by another $2, their account will be liquidated.

  In other words, when the stock price of Midland Bank rises to $5.5 per share, their accounts will be liquidated.

  Of course, before the stock price of Midland Bank rises to 5.5 US dollars per share, they will be called by the custodial bank for a margin call, but they have no spare funds.

  Does it go back to the family?

The   family will definitely not support it.

  In fact, all five of them are families who come to Hong Kong’s Forbes. Although they are not the top ten consortia, they are also very powerful families.

  They regret in their hearts, why they can’t wait to short the Midland Bank after borrowing 200 million shares of the Blackshirt Investment Bank before!

  Should wait another day, or two days before shorting.

  Jiang Jiwei was furious, and cursed in a huff: "Paralled, what kind of **** medicine did you take from Midland Bank?"

   "The stock price has risen so much?"

  "Is Midland Bank acquired at a premium? Impossible!"

   "TM, there is no news now!"

  Speaking, Jiang Jiwei angrily squeezed the mineral water bottle in his hand directly, and the water splashed directly on the trousers of the female secretary not far away.

   Then it got wet.

  The female secretary was in a panic, Jiaojiao walked over and gave Jiang Jiwei a powder punch, saying: "Mr. Jiang, you are good or bad"

  Jiang Jiwei said indifferently: "Go to the side."

  The female secretary was immediately scared away.

"Oh, this time, the stock price of Midland Bank has rushed to 3.5 US dollars per share. If we close our position now, 200 million shares will definitely allow Midland Bank's stock price to continue to soar!" Yue Runlin took out a tissue and wiped it. Wiping the sweat beads on his forehead, his back was also soaked.

  The stock price of Midland Bank is too strong today, and they have stood firm at $3.5 per share. They have lost so much money on their books, which really makes him extremely scared.

  This account holds 200 million short positions. If the position is closed, it is equivalent to buying 200 million shares in the market.

  In this case, the stock price of Midland Bank does not know how far it has risen.

  To be honest, he regrets very much now, knowing that he should not take such a big risk to short Midland Bank!

  It was an extremely wrong and stupid investment. Now all five of them have fallen into the fire pit, how can they get out of the fire pit?

   Can you only be burned to death?

  Ju Debiao also said, "Then what shall we do now?"

   "If the position is closed, the stock price of Midland Bank will continue to skyrocket, and we will have to lose at least 500 million US dollars."

  He calculated it carefully, and if the short position of 200 million shares of Midland Bank was closed, it would be to buy 200 million shares!

  If you buy 200 million shares, wouldn't the stock price rush to $6 per share?

this is possible.

  Of course, many low-level bottom-hunting institutions will definitely close their positions in the middle.

  If they are really careful, they will lose at least $3.5 per share after closing their positions, and 200 million shares will be $700 million.

  Their principal is only 800 million US dollars. If they play now, they may lose 700 million US dollars.

   "Well, we can't afford to hurt a loss between 500 and 700 million US dollars."

   "Continue to carry on, there is still a ray of life"

  At present, the negotiations between Wachovia Bank, Citibank and Wells Fargo are still in progress, and the ghost knows what the outcome will be.

  Before Lehman Brothers and Washington Mutual Bank went bankrupt after the negotiation.

  Before the results of the negotiations came out at the time, the share prices of Lehman Brothers and Washington Mutual Bank both rose. After the negotiations broke down, their share prices fell into waste.

  "The situation of Wachovia Bank is very similar to that of Lehman Brothers and Washington Mutual Bank before."

   "We can continue to carry on!"

   "Hold on, we will definitely win"

   "I'm paralyzed, this black shirt investment bank will never have the last laugh"

  "This Midland Bank must go bankrupt, it must go bankrupt, grass!"

  ··

  At this moment, Heishan Investment Bank, Wang Guanxi and others watched the stock price of Midland Bank, rushing to 3.5 US dollars per share, and they were immediately excited.

   "Haha, Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin, and Ju Debiao are all dead."

  "They may be about to liquidate their positions"

   "Wahaha!"

   "These grandchildren!"

  ··

  Currently, the Black Shirt Investment Bank has a floating US$400 million on its books, which makes everyone excited.

  I thought it would be fine to rush to $3.00 per share, but I did not expect to rush to $3.5 per share.

   "It's incredible"

   "It's too fierce, **** it!"

   "Our enemy is dead this time"

  This time, the five companies of Yiqun Securities, Dongying Securities, Daly Securities, Gaoxin Securities, and Fengnian Securities are completely finished.

   expecting them to sell out.

  Wang Guanxi opened the mouth and said: "You keep an eye on the stock price. If you have anything, please report it to me at any time."

  After speaking, Wang Guanxi left.

   "Yes, BOSS"

  Time passed slowly.

  The U.S. stock market is rising like a rainbow!

  US stocks rebounded strongly on Tuesday after experiencing a plunge on Monday, and the Dow Jones Industrial Average ranked third in history.

  Investors are optimistic that Congress will reconsider the rescue plan, and the Dow once rose by more than 500 points.

  Goldman Sachs vice president and senior options strategist Frederick Lafite: "Maybe the sky hasn't fallen."

  As of the close, the Dow Jones Industrial Average rose 485 points to close at 10850 points, an increase of 4.68%.

  The Dow fell a total of 6% this month and a total of 4.4% in the third quarter.

  A total of 29 stocks among the 30 Dow stocks rose, led by financial stocks.

  Citigroup rose 15.6%, JP Morgan rose 13.9%, and Bank of America rose 15.7%.

  The Standard & Poor's 500 Index rose 58 points to close at 1,164 points, an increase of 5.27%.

  The Standard & Poor's 500 Index fell 9.2% this month and 9% this quarter.

  S&P's 10 major industry sectors rose across the board, with financial stocks leading the rise.

The   Nasdaq Composite Index rose 98.60 points to 2082.33 points, an increase of 4.97%. The Nasdaq is down 12% this month and 9.2% this quarter.

  Citibank: The main stock indexes continued to climb in the afternoon, and some investors believed that the stock market would perform better in the fourth quarter than in the third quarter.

  The stock market’s rise can be attributed to the US government’s new rescue plan, the closing of short positions at the end of the quarter, and the positive economic data released today.

Morgan Stanley: The US Securities and Exchange Commission and the Financial Accounting Standards Board are negotiating on accounting regulations for estimating'fair value'. This may delay the implementation of very complicated accounting regulations that calculate value by market value, which also provides the market with Rising momentum.

  Rene Smith, vice president of the Black Shirt Investment Bank: As the stock market fell quite a bit on Monday, it is easy to understand the entry of dippers.

  It shouldn’t surprise me that the stock market rebounded today after experiencing a crash.

  The House of Audiences vetoed the impact of the "problematic asset rescue plan". US stocks plummeted on Monday, and the Dow hit the largest single-day drop in history.

  As of Monday’s close, the Dow had fallen 10.2% in September, and September has become a watershed in the US financial system.

  Rene Smith analyzed that it is easy to oppose the rescue plan and blame corporate CEOs and Wall Street tycoons, but if the company lacks liquidity and growth prospects are threatened, it will cause employee unemployment and slow economic growth.

  September incidents included the nationalization of Fannie Mae and Freddie Mac, the largest financial institutions in the United States.

  Lehman Brothers, the fourth largest investment bank in the United States, declared bankruptcy.

  The U.S. government acquired most of the shares of AIG, which was once a component stock of the Dow, by providing 85 billion US dollars in loans.

  Washington Mutual Bank collapsed.

  At the same time, the Ministry of Finance had to provide support to the Financial Market Fund to prevent liquidity from drying up.

  Treasury Secretary Paulson and Federal Reserve Chairman Bernanke decided to assist financial institutions in trouble to prevent the situation from expanding.

  The interbank lending rate soared from 2.56% to 6.87%.

  Following the Black Shirt Investment Bank, Black Shirt Insurance once again released a blockbuster.

  "Mid Union Bank will obtain a government guarantee, and then be purchased by Citibank or Wells Fargo Bank, the purchase price may exceed 6 US dollars per share!"

  At the close of the US stock market tonight, the stock price of Midland Bank has rushed to 3.90 US dollars per share, and it will rush above 4 US dollars per share at any time!

   Then on the basis of 4 US dollars, and then 50% premium to buy Midland Bank, it is completely possible.

   Soon heavy news came.

  The Black Shirt Investment Bank is really right.

  [The U.S. government will guarantee Midland Bank to prevent Midland Bank from following in the footsteps of Lehman Brothers and Washington Mutual Bank and causing greater financial turmoil]

  Soros Quantum Fund, Soros said with lingering fear: "Fortunately, I closed all the short positions of Midland Bank before, otherwise I didn’t know that I would lose a lot of profits."

  Yesterday, Soros Quantum Fund took advantage of the opportunity of Midland Bank's impending bankruptcy and the US$800 billion rescue plan was rejected by Congress. It smashed Midland Bank and led to a wave of selling!

  Then Midland Bank's stock price collapsed completely, and then the Black Shirt Investment Bank made a big bid for Midland Bank.

  At that time, Soros thought that the people in the Black Shirt Investment Bank were crazy, and he dared to take such a big risk to buy the bottom of the Midland Bank!

  This is simply a bet with money!

  Don’t worry about losing your money?

  But Soros quickly made a conclusion. At that time, he felt that the Black Shirt Investment Bank made a big bid for the Midland Bank and was sure to win.

  So Soros retreated and made $350 million.

  Now the U.S. government really guarantees Midland Bank. Once Midland Bank is acquired, it must be acquired at a premium.

  "True Black Shirt Investment Bank's investment vision is indeed sharp"

  At this moment, Soros couldn't help but sigh lightly.

  Fortunately, he decisively let Soros Quantum Fund liquidate the short list of Wachovia Bank.

  Otherwise, I don’t know how much profit is lost now.

  Vice President Roga Bowers said: "Boss, this black shirt investment bank person is very similar to the young you, with extraordinary courage and doing things that others would not dare to do."

  How courageous the former Soros was, he went directly to the Bank of England, and even beaten the Bank of England!

   Although the boss of the black shirt investment bank is awesome, he still feels that he is still inferior to Soros.

  Furthermore, the stock price of Midland Bank was originally the Soros Quantum Fund. This black shirt investment bank is just picking up the bargain for nothing.

  Buy large sums at a low price, full of gambling, and then it happened to be lucky, and the U.S. government gave a guarantee to Midland Bank.

   Soros smiled faintly and said nothing!

  The next day, October 1st.

  Hong Kong's financial sector has been shocked by the Black Shirt Investment Bank!

   "Fuck, this black shirt investment bank is going to make a lot of money this time"

   "Oh my god, the Black Shirt Investment Bank bought the stock of Midland Bank early, and now I don't know how much money it wants to make"

   "I'm going, this black shirt investment bank is simply picking up money"

   "On Monday yesterday, the stock of Midland Bank collapsed. This black shirt investment bank bought the shares of Midland Bank crazy at a very low price. This time it is about to develop."

  "Well, when I knew that the Heishan Investment Bank was hunting down the Midland Bank on a large scale, I would just follow the hunting down."

  “Following the Black Shirt Investment Bank to hunt down the Midland Bank, you can’t eat meat, but you can also get a lot of broth.”

   "Oh, I remember that five securities companies in Hong Kong were against the Black Shirt Investment Bank, and they shorted the Bank of America."

   "This time, the opponents of the Blackshirt Investment Bank are finished again!"

  ··

   Kill the Black Shirt League at this moment.

  The presidents of Daoheng Securities, CLSA, Yiqun Securities, Dongying Securities, Daly Securities, Gaoxin Securities, and Fengnian Securities have extremely gloomy faces.

  The enemy's gain made them extremely angry.

   Daoheng Securities Jiao Xiongbing scolded: "This Midland Bank is going to go bankrupt, and now the US government actually guarantees Midland Bank!"

   "Grass, this black shirt investment bank is really TM's **** luck"

  Before, when the Black Shirt Investment Bank was on the verge of failing Midland Bank, Jiao Xiongbing was not too happy.

  But now, Wachovia Bank has obtained a guarantee from the US government.

  This is simply out of luck.

  Before Lehman Brothers, Washington Mutual Bank did not obtain the guarantee of the US government, so no buyer dared to buy it.

  Now that Midland Bank is guaranteed by the US government, it means that Midland Bank is very likely to be acquired at a premium.

   CLSA’s Adolf Rogully said jealously: “TM’s, this time let the black shirt investment bank make money again, **** it, grass!”

  Dao Heng Securities, CLSA is doing more than Hang Seng Bank, and it is still losing money on the books.

  Also, it is uncertain whether Hang Seng Bank’s share price can rise above HK$80.00 per share.

  Now watching the Black Shirt Investment Bank want to make a lot of money, Adolf Roguli’s inner jealousy is like a monstrous wave that cannot be contained.

  And the other five people were so scared.

Li Songwei of Yiqun Securities asked with a pale face: "What should we do now? I can't make up my mind. Everyone talks about it."

  Now they have jointly shorted Midland Bank, totaling short 200 million shares, and lost 480 million U.S. dollars on the book.

  This is really a loss to grandma's house.

  Now he doesn’t know how to choose?

  Continue to carry it?

  Once the Midland Bank was acquired at a premium, they would have to liquidate their positions.

  You Zhenxuan of Dongying Securities said with a blank face: "The stock price of Midland Bank is about to hit $4.00 per share."

   "And we have a loss of 480 million U.S. dollars on our books, and we have 320 million U.S. dollars left."

  "If the stock price of Midland Bank rises by another $1.6, our account will be liquidated"

"What should we do now!"

"What should I do!"

  Now that Midland Bank is guaranteed by the US government, the probability of bankruptcy is less than 20%. Other financial institutions will definitely buy Midland Bank.

  Now the negotiations between Citibank, Wells Fargo and Wachovia Bank must make great progress.

  Dali Securities’ Jiang Jiwei said in horror: “This Midland Bank will definitely be acquired at a premium. Will we close our position after the opening of the U.S. stock market tonight?”

  He thinks that Midland Bank will definitely be acquired at a premium. If it is acquired at $6 per share, it is simply unbelievable.

   "Now we have time to close the position earlier, otherwise we will lose a penny and not have any money left."

  If the position is indeed closed tonight, you may still get some money back.

  But if there is no institution to hedge against them, they will buy 200 million shares in the market by closing their 200 million short positions, which will cause the stock price of Midland Bank to rise above $6 per share.

  The only chance is to negotiate with the Black Shirt Investment Bank and settle at a certain price.

  Yue Runlin of Gaoxin Securities spoke unwillingly: "Are we going to negotiate with the Black Shirt Investment Bank?"

   "This Midland Bank will not necessarily be acquired at a premium."

  "Furthermore, now the financial crisis is so severe, and the situation of Midland Bank is so bad, it will not be acquired at a high price."

  "The purchase price is at most $4 per share."

  Fengnian Securities’ Ju Debiao shook his head: “Mr. Yue, don’t be too optimistic. The current situation is very unfavorable to us.”

  "This Midland Bank has been guaranteed by the U.S. government"

  “It will be acquired by Citibank and Wells Fargo at any time, and we can’t continue to consume it”

  "I suggest to stop the loss and negotiate the settlement price with the Black Shirt Investment Bank"

  They borrowed 200 million shares of Heishan Investment Bank. As long as they close their positions at the agreed price, they can get some money back.

  For example, they have to cash in losses, and the Black Shirt Investment Bank has to cash in profits.

  The short-selling funds are held by the bank, as long as the two parties reach an agreement, they will be directly settled at a price.

  Ju Debiao’s words are indeed very reasonable.

  Others also agreed to negotiate with the Black Shirt Investment Bank and agree on a price settlement.

  Yue Runlin is quite critical, but he is not too opposed.

   Soon the phone called Wu Zhanhai, the executive director of Heishan Investment Bank.

   "Mr. Wu, we want to talk to you"

  "What are you talking about?"

  "Mid Union Bank's stock price settlement price"

  "Okay, wait a minute, I'll talk to the boss"

  After finishing the call, Wu Zhanhai said excitedly: “BOSS, Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin, Ju Debiao and others called and wanted to negotiate with us and settle at an agreed price.”

   "Oh? Want to negotiate with us?" Wang Guanxi smiled and asked, "What price do they want to settle?"

  Heishan Investment Bank has done a lot with a floating profit of 480 million US dollars on the book, which is simply a 160% profit

  Wang Guanxi was very arbitrary in her heart.

  Especially the enemies are also subdued, really begging him for mercy.

   Wu Zhanhai said: “According to the market price, it is 3.9 US dollars per share. They said that if we agree, we will immediately get a profit of 480 million US dollars.”

   Li Songwei of Yiqun Securities, You Zhenxuan of Dongying Securities, Jiang Jiwei of Dali Securities, Yue Runlin of Gaoxin Securities, Ju Debiao of Fengnian Securities and others finally agreed to kneel.

  But the settlement price is too low, is it a fool to be a black shirt investment bank?

  Lu Jianyan said: “Now Midland Bank is likely to be acquired at a premium within this week. These guys can’t wait to negotiate with us. They must be afraid of liquidation.”

  Guan Zhenyi also said: “Let’s settle at a price of at least US$4.5!”

  Li Guangyu: "$4.8 per share."

  Wang Guanxi thought for a while and said: “Hold the price of $5 per share for settlement. If the five of them disagree, then forget it.”

  Anyway, this Midland Bank is also being acquired soon. It is not clear how much the premium will be acquired.

  However, Wang Guanxi felt that the purchase price could be more than US$5.00 per share. This Li Songwei and others tried to settle the price of US$3.9 per share, which was simply a dream.

  It is impossible to agree.

   "Yes, BOSS, I'll notify them now" Wu Zhanhai went to call the people from the Black Shirt Alliance.

  The call is connected soon.

   Wu Zhanhai opened the mouth and said: "Mr. Li, our BOSS said, the settlement price of 5 US dollars per share, please consider it carefully."

"what??"

   "The settlement price of $5 per share?"

   "$5 per share???? Are you kidding me?"

   "Mr. Wu, have you made a mistake? The price is so high?"

   "Now the stock price of Midland Bank is only 3.9 US dollars per share, you actually bid 5 US dollars per share for settlement?"

  Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin, and Ju Debiao were all dumbfounded.

  This black shirt investment bank is so greedy, it only takes 5 US dollars per share to settle the settlement!

   is simply annoying them.

   Is it just to treat them as stupid pigs?

  Promise or not?

  (End of this chapter)