Rebirth of the Financial Crisis Sweeping the World

  Chapter 313 313 Bank of America! Borrowed 1.52 billion US dollars!

  Black Shirt Investment Bank Headquarters.

  Wang Guanxi was very happy to see the net worth of 1.42 billion US dollars in the Heishan investment account.

   "It's really making a lot of money this time"

  However, thinking of the $200 million that he still owes the three major banks in India, he fell into deep thought.

  India Bank of Baroda has loaned 70 million US dollars.

  India Overseas Bank loaned 50 million U.S. dollars.

  India Union Bank has loaned 80 million US dollars.

  Do you want to pay it back now?

   Still not in a hurry, continue to owe?

  However, the current Heishan Investment Bank, Heishan International Trust Company, Heishan Leasing Company, and Heishan Hotel Group are still mortgaged. It is a bit unsafe. If the next short selling does not go smoothly, it is dangerous.

  Now Wang Guanxi is becoming more and more cautious. Although he is not counseling, it does not mean that he likes super high risks.

   Then Wang Guanxi said: “Withdraw 220 million U.S. dollars, and repay the 200 million U.S. dollar loan of Indians, as well as interest.”

  "Yes, BOSS" everyone hastened to do it!

  Withdrawing 220 million U.S. dollars, the loans of Bank of Baroda, Indian Overseas Bank, and United Bank of India were all repaid.

  The remaining nearly 20 million U.S. dollars was converted into Hong Kong dollars, and 50 million Hong Kong dollars was used as a bonus, and the remaining 100 million was used as the daily operating funds of the Black Shirt Investment Bank.

  The 1.2 billion US dollars in the account, Wang Guanxi directly transferred it to the Wang Family Foundation No. 4 Fund account.

  The No. 1 Fund, No. 2 Fund, No. 3 Fund, and No. 4 Fund are all under the black shirt insurance of the Heishan Group, which is under the custody of Heishan Investment Bank.

  In fact, the trading team in the Heishan Group is essentially the same, from the Heishan Insurance Department or the Heishan Investment Banking Department.

  "Go borrow the shares of Bank of America, and short Bank of America tomorrow night!"

  "Yes, BOSS" everyone immediately took action.

  Although I have discussed with some financial institutions before, now the No. 4 Fund has 1.2 billion US dollars of funds and needs to borrow more stocks.

  Bank of America, (Bank of America), originally named "Bank of America" ​​in Chinese, was founded in October 1968. It is the largest commercial bank in the United States and one of the top ten banks in the world.

  It is a giant bank controlled by the California consortium of the United States!

   Public data in 2008 show that Bank of America Corporation holds 17.44% of the shares of China Construction Bank.

   Shorting Bank of America this time is a little risky, but Wang Guanxi is very confident.

   Why?

  Because Bank of America previously acquired Merrill Lynch, it spent $50 billion at that time.

  Be aware that Merrill Lynch and Lehman Brothers, an interested company, suffered heavy losses in the subprime mortgage crisis.

  As the financial crisis intensified, this Bank of America company bought a bomb and exploded itself to **** flesh.

  In the future, the stock price of Bank of America Corporation will fall sharply and rise many times, which can make Wang Guanxi's No. 4 fund make money many times.

  Finally, when Bank of America's stock price drops to its lowest price, it can buy the bottom of Bank of America and become its major shareholder.

  Of course, the same goes for Citibank, Wells Fargo, HSBC!

When the time comes, they will become major shareholders, but the so-called major shareholders only hold a small number of stocks, about 5% to 10%. Maybe in front of shareholders who have absolute right to speak, that little right to speak is fundamental. It's not enough to see.

  After all, the Bank of America company and Wells Fargo Corporation belong to the California consortium.

  The HSBC Bank in Hong Kong belongs to the HSBC consortium.

  Citibank belongs to the Citigroup.

  These consortia have absolute controlling rights in the bank, and other small shareholders can only pay dividends. They have no management rights and will not give you management rights.

Just like the future of Hong Kong and Shanghai Banking Corporation, Ping An Group, BlackRock Group is its largest shareholder, second largest shareholder, holding 8%, 6% of the shares, but Ping An Group, BlackRock Group even HSBC The bank's board of directors can't get in!

  Use your brain to know that these consortia all have absolute controlling rights. As long as the company holds these shares through a large number of funds.

  It is important to know that the exchange only announces the shareholders who buy and sell stocks. Where there are changes in shareholder equity, shareholders who do not trade, and stocks that have precipitated are basically not announced.

  Either the shareholding ratio is less than 1%, or less than 0.5%, there is no data to show.

  It neither trades nor buys or sells, but where it settles, it diversifies its holdings, and has absolute control over the company.

This is the case for Wang Guanxi’s companies. For example, GBE Group has become an upstart in the entertainment industry, but the equity behind it is diversified through offshore companies. Few people in Hong Kong know about GBE Group’s Who is the largest shareholder!

  Asia Standard Hotel Group and Huada Hotel Group are all subsidiaries of the Heishan Group, holding shares through the Heishan Hotel Group, but also through a large number of offshore funds under the Heishan Hotel Group.

  The data released by the stock exchange shows that the largest shareholder only holds 5% of the shares of Asia Standard Hotel, Huada Hotel Group.

  Black Shirt Hotel Group did not show up on the shareholder list of Oceanwide Hotel and Hua Hotel.

  Although Heishan Hotel Group announced the acquisition of Asia Standard Hotel Group, Huada Hotel Group, which has obtained the control of two hotel groups, the data released by the exchange shows that the largest shareholder is just a large retail investor!

  Time passed quickly.

  Huang Shaokai hurriedly said: “BOSS, UBS Vice President Casey Entwistle has temporarily repented and stopped lending us the stock.”

  Zhang Dexi also came and said: "BOSS, the vice president of HSBC International Trust Jiang Quangang Group also regretted it."

  Originally, the Black Shirt Group, UBS Group and HSBC International Trust Co., Ltd. agreed to borrow 20 million shares of Bank of America Corporation. Unexpectedly, the two companies returned, especially UBS Group. It is not the first time to regret it, this grandson.

  Wang Guanxi said: "Ask again, tomorrow night before the opening of the US stock market, 30 million will be borrowed."

   "Yes, BOSS!" Everyone continued to get busy.

  And Wang Guanxi returned to the Empire Hotel on Hong Kong Island.

  In the evening, the United States announced an important economic data.

  US September ISM Index.

  The September ISM manufacturing index fell sharply from 49.9 in August to 43.5, which was lower than previously expected and the lowest level since October 2001. The index below 50 indicates a shrinking manufacturing activity.

Other reports released by    show that the number of unemployed persons in the United States is still increasing.

  According to a report released on Wednesday by the American private employment service agency ADPEmployerServices, following the layoffs of 37,000 in August, the US company cut another 8,000 employees in September.

  The U.S. stock market turned and fell.

  However, the stock prices of Wells Fargo, Citibank, and Bank of America are all very strong, and they have not fallen much, but have fallen slightly.

  Wells Fargo’s stock price fell to US$35.00 in the United States, and the No. 3 Fund had a floating profit of US$500 million.

  Citibank’s stock price fell to US$224, and the No. 2 Fund still lost US$55 million.

  Bank of America’s stock price first fell to 36 US dollars per share, and then rose to 38 US US stocks, volatile.

  It's the next day, October 3rd, Friday.

  Wang Guanxi woke up very late.

  I had a nightmare before, and I was shocked in a cold sweat.

   "Huh!"

   "Why, I actually had a nightmare"

  Meng he can't remember clearly, just remember the vague fragments.

  This dream is strange to say. Every time I dream, I remember the vague fragments, and the things I dreamed about in the dream are forgotten.

  So he got up and went to the bathroom to take a bath.

  15 minutes later, come out for breakfast.

  The news of Lin Xiaoyu is here.

   "Early (^_^)／"

  Wang Guanxi: "Morning, Xiaoyuer, where did you go to play on National Day?"

  Lin Xiaoyu: "I went to the Imperial Capital with my parents, I am here at the Great Wall now"

  Speaking, she sent a lot of photos, some of the Forbidden City and the Great Wall.

  In the photo, Lin Xiaoyu wears a white dress and a pink sun hat. There is a little white bear doll on her body. She is cute, innocent and fairy, with a bright smile on her melon seed face, which is exceptionally pure and beautiful in the sun.

   Then she asked: "Did you get up?"

  Wang Guanxi: "Get up, eating breakfast"

  Lin Xiaoyu: "What are you eating?"

  Wang Guanxi: "Strawberry"

  Lin Xiaoyu: "Hmm"

  Wang Guanxi: "Xiao Yuer, will you give me strawberries in the future?"

  The opposite Lin Xiaoyu looked at the phone for a moment, but couldn't turn his head.

  She replied: "Okay, okay (^)o(^

  Wang Guanxi: "This is what you said, I will be looking for you then, you can give me strawberries"

  "Well, don't worry, I'll send it to you now." After typing, Lin Xiaoyu immediately bought strawberries for Wang Guanxi.

  Wang Guanxi: "·····"

  Ending the call, Wang Guanxi went to Heishan Investment Bank after breakfast.

  At this time, Lu Jianyan came and said excitedly: “BOSS, where does the Indian Imperial Bank have the stock of Bank of America, totaling 40 million shares”

  This time I found out about the stock of Bank of America Corporation from the enemy, which is really gratifying.

  Wang Guanxi: "Very well, ask the Imperial Bank of India to borrow 40 million shares!"

   "Yes, BOSS!" So everyone hurriedly went to do it.

  Now the stock price of Bank of America is 38 US dollars per share, 40 million shares are worth 1.52 billion US dollars, but there is only 1.2 billion US dollars left in the No. 4 fund account, and the shortfall is 320 million US dollars.

  This time, Feroz Sanhavi of the Indian Imperial Bank is very unhappy about the 320 million US dollar funding gap. He wants the Black Shirt Group to mortgage all the assets that can be mortgaged.

  So Wang Guanxi and Feroz Sanhavi began a telephone negotiation.

  After talking for more than ten minutes, Wang Guanxi said in a contemptuous tone: "Feroz Sanhavi, there is only a funding gap of 320 million US dollars, and it’s not that I can’t afford you."

  The grandson of Feroz Sanghavey Realm, he would not be able to borrow $320 million less, and he refused to borrow 40 million shares.

  Feroz Sanhavi directly refused: "No, you want to borrow more than 320 million U.S. dollars worth of stock, you must come up with more than 320 million U.S. dollars of assets as margin."

  Wang Guanxi: "It's only a small amount of 320 million US dollars. Isn't your Indian Imperial Bank LOW?"

  Feroz Sanhavi sneered: "For us, 320 million US dollars is a small amount of money, but a small amount of money is not a charity to you."

   "You are not worthy, understand? Don't play if you don't have money, don't play if you can't afford it!"

  "Do I, Feroz Sanhavi, care about the small interest? Huh?"

  He Feroz Sanhavi is not a fool, let alone borrowing more shares from the Black Shirt Group like Ratan Tata!

  As much as the Heishan Group puts out, he borrows as much stock as it is worth, even if it is one more share.

  Wang Guanxi opened the mouth and said: "Your Imperial Bank of India is so LOW?"

Feroz Sanhavi hadn’t spoken yet. Gilayu Amin of United Bank of India pulled at his long curly hair and shot back coldly on the phone, saying, “Don’t talk nonsense, you can’t get $1.52 billion. Have the face to borrow stocks?"

  "Are you Shabi? Do you think we will be fools?"

   "You only have 1.2 billion dollars in capital and want to borrow 1.52 billion dollars in stocks?"

   "If you can't play, don't play TM's!"

  At this time, Feroz Sanhavi also said to Wang Guanxi on the phone: "Little King of China, that’s not right, King of China Shrimp, didn’t you just repay the $200 million loan before?"

  Before, the Blackshirt Investment Bank has repaid a loan of 200 million US dollars, and now it is borrowing again, but it can, and it needs a mortgage.

   Then he said: "You can continue to mortgage now, and mortgage all of the Heishan Investment Bank, Heishan Leasing Holding Company, Heishan International Trust Company, and Heishan Hotel Group!"

   "Why not dare?"

   "Afraid?"

   "Don't play if you are afraid!"

  Wang Guanxi: "Okay, I will mortgage it to you again to see if you enjoy your life!"

  Unexpectedly, I just paid off the US$200 million loan before and now I have to mortgage it again. This Feroz Sanhavi is really stingy.

Feroz Sanhavi was very satisfied, and Gilayu Amin next to him shouted to Wang Guanxi on the phone again: "This time it is still mortgaged to our Union Bank of India, Bank of India Baroda, and Overseas Bank of India. , And give you a loan of 320 million U.S. dollars!"

   "By the way, if you are insolvent during the mortgage period, we have the right to draw a loan immediately, or take away the Heishan Investment Bank, Heishan Leasing Holding Company, Heishan International Trust Company, Heishan Hotel Group!"

   "You should be able to agree? Don't persuade you, you can mortgage if there is a kind!"

  Wang Guanxi said coldly: "Okay, I'll see if you have the ability to take my company."

  Girayu Amin: "Then wait and see, I officially inform you that our Union Bank of India will not increase our holdings of Bank of America Corporation's stock, you can rest assured to short!"

  Wang Guanxi naturally knows what this grandson meant, and it is clear that Lao Tzu is going to **** you!

  He chuckled and said, “It’s okay, Gilayu Amin, it doesn’t matter if you increase your holdings of United Bank of India.”

  Gilayu Amin also smiled and said: “Once our United Bank of India increases its holdings, then you should not be trapped and become insolvent!”

   "Honestly, although your black shirt group is a bit small, but arrogant, in my Gilayu Aming's eyes, you are not enough to see it. Don't think that the book is temporarily floating, just be proud of it!"

   "Just once, once, you're done!"

  "As long as you dare to come, I, Gilayu Amin, will be with you at any time"

  Wang Guanxi laughed: "Okay!"

  Then the lawyers from the Black Shirt Legal Company went to the Hong Kong Building of the Imperial Bank of India again.

  Everyone signed the agreement. The Black Shirt Group pledged all the assets that could be mortgaged to the Indians, and obtained 320 million U.S. dollars, plus the 1.2 billion U.S. dollars in the No. 4 Fund, for a total of 1.52 billion U.S. dollars.

  A total of 40 million shares of Bank of America were borrowed from Imperial Bank of India.

  The monthly interest is 1.5%, which is 22.8 million US dollars, which is 176 million Hong Kong dollars, which is 590,000 Hong Kong dollars per day.

  Wang Guanxi couldn't help but said: "This time it's a big game again!"

   "I hope everything goes well tonight!"

  (End of this chapter)