Rebirth of the Financial Crisis Sweeping the World
Chapter 306: 306 Hongkong and Shanghai Banking Corporation! 20 billion pledged!
Chapter 306 306 Hong Kong HSBC Bank! 20 billion pledged!
At this time, Wang Guanxi asked: "Ratan Tata, I have finished speaking."
After finishing speaking, Wang Guanxi handed the phone to Huang Shaokai and said: "Next, you tell Ratan Tata!"
It would be best if the Indians gathered 250 million shares of HSBC in Hong Kong this time. Of course, it doesn’t matter if they don’t.
He will continue to wait.
Black shirt insurance does not have to be short of HSBC Hong Kong.
If Indians really get 250 million shares of HSBC in Hong Kong, it’s okay, then everyone can play bigger.
"Yes, BOSS" Huang Shaokai continued to talk with Ratan Tata.
Before everyone was able to pretend, but this time it was a direct showdown.
does not hide it at all, I just want to **** you, and you know that I also **** you, do you dare to fight?
However, the Tata Consortium only owns 150 million shares of HSBC in Hong Kong, and cannot meet the demand for 250 million shares of the Black Shirt Insurance Company.
This makes the Indian giants who want to kill the black shirt insurance company powerless.
The Black Shirt Insurance Company insisted on borrowing 250 million shares before it was willing to borrow and sell short. Ratan Tata then said: "Mr. Huang, you are waiting. If you want to play bigger, we will play bigger this time, and I will give it to you. Go borrow the shares of HSBC in Hong Kong!"
Huang Shaokai asked: "Mr. Ratan Tata, would you help us borrow the shares of HSBC in Hong Kong?"
"Do you need an agency fee?"
Ratan Tata took a look at Rajuslov, saw him nodding, and said to Huang Shaokai: "You can pay the interest normally, no intermediary fee is required."
"Okay, then you can borrow it!" Huang Shaokai said: "Let's say it first, our black shirt insurance does not have 30 billion funds."
Ratan Tata was taken aback, without 30 billion funds?
Playing with yourself?
At this time, Lajuslov couldn't help it. He walked over to the phone and shouted contemptuously: "Without 30 billion Hong Kong dollars in funds, then you guys have the face to call us 30 billion?"
Mobile phones are all activated, so you can hear what the other party says clearly.
La Gushlov took off his big red eyes and continued to criticize in angrily: "You have no money, so what are you doing in front of me!"
When the boy named Wang called out 30 billion, he really shocked him.
Now that TM actually said that there is no capital of 30 billion, it is simply TM playing him!
Without 30 billion funds, I dare to shout 30 billion in front of him!
"Pretend to be coercive in front of my Lajuslov, are you qualified?"
"If you dare to go short, we can borrow more stocks at any time, just ask if you dare or dare!"
Raguslov’s voice was thunderous, exploding in Huang Shaokai’s ears through his mobile phone.
After finishing the call, Huang Shaokai said to Wang Guanxi: "BOSS, the Indians intend to borrow the shares of HSBC in Hong Kong for us."
"These Indians don't know what conspiracy they are playing, and can't wait to **** us!"
In fact, he really can’t understand why this Indian is so confident!
As long as the black shirt insurance company goes to short the Hong Kong and Shanghai Banking Corporation, the black shirt insurance company will undoubtedly die.
Where did the Indians come from?
"Let them go"
Wang Guanxi was also lost in thought, and couldn't figure out what the Indians were thinking!
Does the Indians know that they asked Wing Hang Bank for a loan of US$3.4 billion?
It is indeed possible.
If you don’t do it, the black shirt insurance will not panic the Indians, they are worried about capsize in the gutter.
He doesn't want to be yin.
Thinking about it, Wang Guanxi opened the stock chart of Hongkong and Shanghai Banking Corporation and took a look.
Hongkong and Shanghai Banking Corporation as the bank’s big BOSS,
Currently, the stock price of HSBC in Hong Kong is at HK$125 per share, with a total share capital of 20.75 billion shares and a market value of HK$2.5973 billion. It is a market value of US$334.6 billion, which is quite terrifying. At present, its market value is still the highest in Asia.
The market value of CCB is 961.6 billion Hong Kong dollars.
The market value of ICBC is HK$1.47 trillion.
Bank of China Hong Kong is one of the three major note-issuing banks in Hong Kong. It was established in 1917 and its current market value is HK$142 billion.
The three add up to HK$2.5736 billion.
The current market value of HSBC in Hong Kong is more than that of CCB, ICBC, and BOC Hong Kong combined.
10 billion smashed in, corresponding to the Hong Kong and Shanghai Banking Corporation, which has a market value of 2.59 trillion Hong Kong dollars, that is really nothing.
Especially the HSBC Group gave US$60 billion in blood transfusion to its subsidiary HSBC, but it still couldn’t get out of the predicament during the financial turmoil.
This time HSBC will also be hit hard by the subprime mortgage crisis. The losses in the United States, Europe, and Hong Kong are all very miserable. For a long time, the stock price of HSBC in Hong Kong has been in a state of decline.
Future Ping An Group invested in HSBC's stock, and the book loss exceeded 40 billion in half a year.
This HSBC is deeply entrenched in Hong Kong, and its loan scale is larger than all other banks combined!
The Hong Kong dollar issued is also the most.
Hong Kong's currency issuance mechanism is very different. For example, if HSBC wants to issue 7.75 Hong Kong dollars, it has to pay 1 US dollar to the Monetary Authority!
Therefore, if you issue Hong Kong dollars, you need to pay U.S. dollars. Banks that are willing to pay more U.S. dollars to the HKMA can issue more Hong Kong dollars. The stronger the bank, the more U.S. dollars earned internationally, and the more Hong Kong dollars it can issue. The more.
The Hong Kong dollar can be freely converted into US dollars. In essence, obtaining Hong Kong dollars is equivalent to obtaining US dollars indirectly, which can be exchanged for US dollars, Euros, and British pounds at any time on international banks.
Using U.S. dollars, you can buy oil, raw materials, ores in every country in the world, all kinds of mass commodities, agricultural products, industrial products, and high-tech products.
And this HSBC is also the largest middleman in the domestic and foreign economy!
It’s like buying something online. You don’t have a credit card, Alipay, or WeChat online trading platforms. It’s hard to buy and it’s very inconvenient to buy. It’s impossible to take an envelope and mail cash.
HSBC is the largest platform. The global international business capabilities are very powerful, and it is basically difficult to replace HSBC’s global business capabilities.
Many wealthy mainlanders and mainland companies will choose HSBC to conduct global international business, including overseas financing, expansion needs, and of course deposits, wealth management, private banking, trust, and asset management.
Just like rich people who like ‘optimizing wealth deposits, optimizing tax share’, the Swiss bank is the first choice, and the second is HSBC.
Basically, rich people in the world usually don’t like to deposit most of their money in big banks in their country.
Wang Guanxi’s various fund trading accounts are basically not opened in local banks, and there are no accounts in Standard Chartered Bank, Bank of China Hong Kong, and HSBC.
Instead, the account is opened at Citibank, Swiss Bank, Bank of America Corporation, Barrac Bank, Deutsche Bank·Morgan Bank.
"We are going to short the Hong Kong and Shanghai Banking Corporation this time, with a market value of 2.59 trillion Hong Kong dollars. Hey, I'm so excited!"
Selling HSBC in Hong Kong, Wang Guanxi suddenly became very excited inexplicably.
The Hongkong and Shanghai Banking Corporation is a big BOSS in the banking sector in Hong Kong. Its stocks are widely sought after. If you are not careful, you will be trapped, and even trapped for many years, it will be directly consumed.
He remembered that there was a financial institution shorting HSBC, and as a result, the stock price of HSBC slowly rose. This financial institution was not liquidated in the stock market, but was forced to liquidate its position because it could not pay interest.
Zhang Dexi asked: "Boss, do we want to announce that we are short on HSBC in Hong Kong?"
As soon as he said this, the other horses were dumbfounded.
In Hong Kong, HSBC is the absolute big BOSS!
Its stocks once had the reputation of ‘only buying expensive, not buying wrong’.
Therefore, many people’s strategy is to pay a monthly salary and buy one lot. After 30 years, even if the stock price rises and falls, the dividends in the past period of time will be enough to cover good retirement living expenses.
"Lao Zhang, do you think it is useful for us to release bad news about HSBC's stock price?"
"Yes, you don't know the low reputation of HSBC in Hong Kong"
"Since HSBC went public, the stock price has risen."
"It has been rising for many years, and the market value is now 2.6 trillion Hong Kong dollars!"
When it comes to the market value of 2.6 trillion Hong Kong dollars, everyone can't help but take a breath.
If it is not the BOSS's family fund, how much is the assets of the entire Heishan Group now?
is really pitiful, not even a fraction of HSBC.
It's like a small fish facing a whale.
The top ten consortiums in Hong Kong have combined assets that are far less than the HSBC in Hong Kong.
After the financial crisis, the Heishan Group will squeeze into the top ten consortiums in Hong Kong, but above the top ten consortia, there is also the Hong Kong and Shanghai Banking Corporation, which has made more than 100 years of money in Hong Kong.
This HSBC Bank has never lost money in so many years, and it pays dividends every year.
How many stockholders and retired old people are buying HSBC stocks?
can't even count!
Many retired elderly people spend half of their lives saved to buy HSBC stocks.
Of course, buying HSBC stock before 2008 was to make money and collect dividends steadily.
It is a pity that the 2008 financial crisis broke out, and the stock price of HSBC has fallen all the way. It has fallen for many years, and many, many people have suffered heavy losses.
Of course, the current financial crisis is only breaking out in the United States, because the United States is still trying to rescue the market by injecting large amounts of funds into the economy to avoid a full-blown financial crisis.
The current financial crisis has not yet spread to Hong Kong, and Hong Kong’s economy has not suffered a huge impact like the United States.
Of course, all of this will happen soon, maybe it has already happened, but everyone is like a frog in warm water, still enjoying the warmth of the economy.
Wang Guanxi thought for a while and said: “This time short Hong Kong and Shanghai Banking Corporation must keep a low profile, keep quiet, and don’t want the media to know about it.”
The share price of Hong Kong's HSBC Bank will continue to fall from above 120 Hong Kong dollars per share during the financial crisis. Wang Guanxi remembers that it fell to 60 Hong Kong dollars per share, that is, it was cut in half.
The market value of HSBC will lose half.
Think about it, the loss is half, what is the concept?
Nearly 1.3 trillion Hong Kong dollars.
If many investors who have bought HSBC stocks know that Black Shirt Insurance has shorted HSBC stocks, it is conceivable that investors will point a part of their anger at losing money at the Black Shirt Insurance Company.
Who will buy insurance from the black shirt insurance company?
Although the black shirt insurance company does not care about premium income very much now, when there is no market to do in the future, it will still need premium income, so insurance customers still need to drop it.
The black shirt insurance company is now only in the insurance industry and notorious in the financial circle.
But in the eyes of the public, it is still good. After all, Black Shirt Insurance once distributed dividends to customers.
Sell HSBC this time, because the public holds too many shares, so it came quietly.
"Yes, BOSS" everyone nodded quickly.
Following the orders from Everyone Group, especially informing friends in the media, do not spread rumors that the Black Shirt Insurance Company is shorting HSBC.
Of course, if you want to buy editors from the press, you still need money. Fortunately, the black shirt insurance company doesn’t have to worry about money.
Now the premium income of the black shirt insurance company is all used for various expenses and various public relations.
Of course, there are salaries, bonuses, various benefits, as well as dividends to customers, and it’s fine to return Juanjuan money for charity activities.
The money made by the black shirt insurance company in the financial market will also subsidize the daily expenses of the black shirt insurance company.
Currently, the daily operating funds of the black shirt insurance company are still very abundant.
Time passed slowly.
At 2 pm, Ratan Tata from the Tata Consortium of India called.
said that they did not borrow any excess stocks, that is, their Tata Tata’s 150 million shares, which are currently worth more than 18 billion Hong Kong dollars.
Ask the black shirt insurance company whether they want it or not.
Wang Guanxi took the phone and said, “Yes, of course, 1% monthly interest”
For this 18 billion Hong Kong dollar stock, if the normal interest rate in the industry is used, it is 1.5% monthly interest, and the monthly interest is 270 million Hong Kong dollars, which is higher than the bank interest. It is too much.
And this Ratan Tata can't wait to borrow 18 billion worth of stocks to short the Black Shirt Insurance. He is arrogant and insidious. It must be a trick to kill the Black Shirt Insurance Company. This time, he must not be careless.
Also, Wang Guanxi has to cut interest. The normal interest rate in the industry is 1.5%, but Wang Guanxi has to cut to 1%. It would be nice to have an interest of 180 million Hong Kong dollars a month because the black shirt insurance company has to short HSBC for a long time.
It is important to know that HSBC’s stock price can not be cut in a short time, falling below 60 Hong Kong dollars per share, but after a few months, how much interest has to be paid to the Tata Consortium?
Telephone Ratan Tata refused to say: “No, 1.5% monthly interest is the same in the industry. If you want 1% monthly interest, it’s impossible.”
Everyone is also an ‘old friend’, and many negotiations on the AIG Group failed. At that time, the monthly interest rate was 1.5% when borrowing the AIG Group’s stock.
Now borrowing shares of HSBC, the monthly interest must be 1.5%.
Wang Guanxi thought for a while and said: "Then 1.2% monthly interest, 1.5% monthly interest will not work!"
"Looking for a 1.5% monthly interest from your Tata Consortium, our Black Shirt Insurance might as well ask other financial institutions to borrow, why do we give you interest?"
The Tata consortium insisted on a monthly interest of 1.5%, so the black shirt insurance company had to find other financial institutions to borrow the shares of HSBC in Hong Kong.
The total share capital of HSBC in Hong Kong is 20.75 billion shares, and 100 million shares are less than 0.5% of the total share capital.
Although the HSBC Group diversifies its absolute controlling stake in HSBC through many offshore funds, the specifics are unknown. It should exceed 55% or even 60%.
These stocks are not traded, they are precipitating,
The stocks circulated outside, at least around 40%, should have 8 billion shares circulated in the hands of other investors in the market.
Therefore, many financial institutions hold the shares of HSBC. Therefore, if Wang Guanxi wants to borrow, it is still very easy. It just needs to find many financial institutions to borrow, which is very troublesome.
And this Tata consortium actually holds 150 million shares of HSBC in Hong Kong, which can be borrowed all at once.
But Ratan Tata wants 1.5% monthly interest, Wang Guanxi naturally would not agree.
Thinking of this, Wang Guanxi continued to speak very strongly to Ratan Tata on the phone: "Mr. Ratan Tata, 1.2% monthly interest, there is no negotiation.
You guys figure it out.
If it doesn’t work, our black shirt insurance company will borrow it from other financial institutions.
is at most troublesome. "
Ratan Tata was silent for a few seconds, then made a decision, smiled yinly, and said: "Okay, then 1.2% monthly interest, good luck to you.
By the way, I Ratan Tata swears that the Tata Consortium will not prevent you from shorting the HSBC Bank of Hong Kong by Black Shirt Insurance"
Of course, the Tata Consortium will not try to stop it, but Raguslov of the Overseas Bank of India wants to beat the black shirt insurance company.
Originally, Rajuslov of the Indian Overseas Bank planned to invest in HSBC stocks, and at one time wanted to buy HSBC stocks from their Tata consortium, but Ratan Tata did not agree.
The Tata Consortium has held shares in HSBC for several years.
In 2003, they bought 150 million shares of HSBC in Hong Kong at a price of 80 Hong Kong dollars per share.
In the past five years, HSBC's annual dividend was very high.
For example, in 2007, that year, the Tata Consortium received a dividend of 1.01 billion Hong Kong dollars.
So the Tata Consortium does not intend to sell HSBC’s shares to Indian Overseas Bank.
They will hold it for a long time.
At this time, Wang Guanxi deceived: "Mr. Ratan Tata, our black shirt insurance currently only has 12.4 billion Hong Kong dollars in cash. Can you use this 12.4 billion Hong Kong dollars as a margin and borrow your 18 billion Hong Kong dollars in stocks? "
"This won't work, you have to take things to mortgage" Ratan Tata opened the mouth and said, "Aren't you shorting Citibank? Take the equity of Citibank's account as collateral!"
Wang Guanxi smiled and said: "Okay, no problem, Mr. Ratan Tata, we have a happy cooperation, I hope we can cooperate more in the future, I am very trusting and understanding of your character."
"Haha, Mr. Wang, I also trust very much and understand your character" Ratan Tata also said politely.
This time the black shirt insurance company is going to die.
Dare to short HSBC?
Ha ha.
Find death.
Especially their spies learned that Wing Hang Bank had quietly loaned 26.4 billion Hong Kong dollars to the Heishan Group, or US$3.4 billion, and then asked Heishan Group to short the Wells Fargo Bank!
At the time, he was still very curious, where did the black shirt group come from so much money.
It turned out to be a medium-sized bank in Hong Kong supporting it.
However, this loan is enough to make this Wing Hang Bank go to an end.
Why do you die?
Because they will kneel down on the stocks of Wells Fargo Bank and HSBC Bank. It can be described as a combination punch, causing the Heishirt Group to liquidate its position and become insolvent and unable to repay the loan from Wing Hang Bank.
At that time, Wing Hang Bank will be finished.
This black shirt insurance and Wing Hang Bank are also grasshoppers on the same rope.
Soon Huang Shaokai, CEO of the Black Shirt Insurance Company, brought a lawyer to the Tata Consortium Hong Kong Fortune Company.
HK$12.4 billion in cash flow, as well as the account equity of No. 2 Fund.
There is a short Citibank in the account of this No. 2 Fund. If the net worth is calculated by holding the Hong Kong dollar, it is nearly 8 billion Hong Kong dollars.
20 billion pledged!
Huang Shaokai said: "Mr. Ratan Tata, you can verify it."
"Good" Ratan Tata verified that there was no problem, and then everyone signed the agreement.
Black Shirt Insurance borrowed 150 million shares of HSBC from the Tata Consortium at a monthly interest rate of 1.2%, valued at 18 billion Hong Kong dollars. Every month, Black Shirt Insurance needs to pay the Tata Consortium’s 216 million Hong Kong dollars in interest.
Lajuslov, with big red glasses on the side, looked at the moment when Huang Shaokai, CEO of the black shirt insurance company, signed the agreement, he was very happy.
"Finally I'm going to **** you guys, I can't wait."
"It's a pity that you only borrowed 18 billion Hong Kong dollars in stocks. I thought you could borrow 25 billion Hong Kong dollars, or even 30 billion Hong Kong dollars."
He has a slight disappointment in his eyes.
This time, Indian overseas banks have prepared 25 billion Hong Kong dollars to invest in HSBC stocks.
I originally planned to act, but I heard Ratan Tata, Sundeep Bartra, and Nehru say that the black shirt insurance company would short HSBC, Bank of America, and Wells Fargo.
At that time, he endured it, just wanting to do a big vote.
For a giant bank such as HSBC, the stock price is stable and the dividend is high, which is very suitable for large capital investment, while the spare money of Indian overseas banks is too much to know what to invest.
Considering the convenience of cashing out and the investment quality of stable dividend yield, they chose HSBC stocks.
More than 20 billion is allocated. For HSBC with a market value of 2.6 trillion, that accounts for less than 1% of the shares.
And the Heishan Group is now heavily in debt. As long as it blows up on Wells Fargo Bank and HSBC, it will be completely over. It will drag Wing Hang Bank down the fire pit, and then Wing Hang Bank will also be acquired.
"You are dead this time." He looked at Huang Shaokai's back and muttered to himself: "Wash the white spots and wait for me to **** you."
Soon, Huang Shaokai and others returned to the black shirt insurance company.
"BOSS, it's done." Huang Shaokai thought for a while and wanted to ask: "Now that we have spent HK$12.4 billion in deposits, our black shirt insurance company still has HK$14 billion in cash flow on its books. Do we still need to borrow HSBC stock? "
Wang Guanxi said: "Borrow, of course, but don’t ask Indians to borrow!"
"Yes, BOSS" Huang Shaokai went to do it immediately.
Then Wang Guanxi carefully stared at the HSBC stock price chart, the stock price was at 125 Hong Kong dollars per share.
Wang Guanxi is also not sure where the HSBC stock price will rise before it will turn around and fall.
"Today is National Day, the market is closed"
"When the stock market opens tomorrow, where should I go short?"
"Sell as soon as the market opens?"
"Or wait for the stock price to rush to 128 Hong Kong dollars per share and go short?"
"Where will this Indian overseas bank enter the market?"
One hour later, the phone rang!
(End of this chapter)
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