Rebirth of the Financial Crisis Sweeping the World

  Chapter 316 316 Explosion Information! Profitable!

  Time flies very slowly,

  Wang Guanxi kept his eyes on the financial and banking stocks of the United States.

  The stock prices of Citibank, Wells Fargo and Bank of America continue to rise.

Gradually.

  Citibank’s stock price rose to 207 US dollars per share, the No. 2 Fund shorted 5 million shares, and the book still had a floating profit of 30 million US dollars.

  Wells Fargo’s share price rose to 39.00 US dollars per share, the No. 3 fund shorted 100 million shares, and the book still had a floating profit of 100 million US dollars.

  And Bank of America's stock price rose to $39.5 per share.

  Wang Guanxi is thinking about whether to short Bank of America here.

  In case the U.S. House of Representatives again vetoed the new version of the rescue plan, the stock price will plummet immediately. If you go short at that time, then the position of opening positions will be much lower.

  But if you short Bank of America at this moment, if the US House of Representatives votes to pass the new version of the rescue plan, the stock price will continue to soar, and a lot of money will be lost on the account.

  He couldn’t help but said: “The stock price of Bank of America is a bit abnormal and it’s rising too fast.”

  At this time, Huang Shaoka said anxiously: "The stock price of Bank of America has reached $39.5 per share, BOSS, shall we be short now?"

  It only took more than ten minutes to open the market, and the stock price has risen so fast.

  And near the 40.00 position is very suitable for short.

   seems to be able to go short at the moment.

   Zhang Dexi worriedly said: "Now maybe we can try to go short. If the U.S. House of Representatives again vetoes the new rescue plan, Bank of America's stock will definitely be sold in a large amount."

  Now the stock price of Bank of America Corporation is close to $40.00 per share, which is very high.

  You can short some stocks here. If the House of Commons vetoes the new bill, the stock price of Bank of America Corporation will plummet rapidly.

  If you go short at that time, it will be a bit late.

   Wu Zhankun also said: “Mr. Zhang, if the new version of the rescue bill is passed by the House of Representatives, the stock price of Bank of America may continue to soar.”

  The current situation is really very tangled. Originally, everyone's plan was to short Bank of America at $40.00 per share.

  But now the stock price of Bank of America Corporation has gone up very rapidly.

  If you are short now, the new version of the bailout bill will be passed by the House of Representatives vote, then it will be miserable.

  Wang Juehao said with some doubts: “This House of Representatives may also bring benefits to the new version of the rescue bill.

  After all, the current American financial system and economic system are very, very bad. I think even if the new bailout bill is passed this time, the stock market’s benefits will be exhausted, and it will definitely fall sharply in the future."

  He felt that even if the House of Representatives passed the new version of the bailout bill this time, the positive effect on the stock market would not be so great.

  Because the economy is getting worse and worse, this bailout fund is completely insufficient. The new version of the bailout bill also means that the good news is exhausted.

   Then he continued: "And this Bank of America acquired Merrill Lynch, the future losses are hard to estimate."

  "Maybe we can go short"

  Bai Weiqiang also said: "BOSS, there are two big news tonight, one is the House of Representatives vote on the new rescue bill, and the other is the announcement of the US unemployment rate!"

  "Now that the US financial crisis has broken out, there are many layoffs, and the unemployment rate is high. It will soon be spread from the financial and real estate industries to all walks of life"

  "The life of Bank of America is definitely not easy."

  Wang Guanxi thought for a while, he didn’t plan to wait for the result of the House of Representatives vote, because if it is rejected, the stock market will plummet wildly, and the short position will be even lower.

   So he opened his mouth and said: "The moment Bank of America's stock price reached $40.00 per share, it began to short!"

  Since you want to do it, you should be more courageous. After Mao's vote results, you can do it directly. Now you are ready to do it!

  "Yes, BOSS" everyone looked forward to the stock price chart of Bank of America.

  As soon as Bank of America’s stock price reaches $40.00 per share, they will be short immediately!

  ··

  At the moment, the atmosphere in the trading room of the Imperial Bank of India Hong Kong Building is very active.

  Because the U.S. stock market is rising, everyone is long in financial and bank stocks, so I am very happy.

   Nehru said: “Citibank, Wells Fargo Bank’s stock prices are rising. It’s great. The people in the Black Shirt Group are going to lose money tonight!”

  They Indian private pensions hold 5 million shares of Citibank. The higher Citibank’s stock price rises, the happier he is.

  While the Black Shirt Group is shorting Citibank and Wells Fargo Bank, these Chinese people will lose a lot of profits tonight, and even turn into floating losses on their books.

  Sundep Batra nodded and said: "Yes, the House of Representatives will definitely pass the new version of the rescue plan tonight, and it will be the end of the Black Shirt Group."

  The Indian Industrial Trust and Investment Bank bought 6 million shares of Citibank and opened a position at $215 per share.

  Although Citibank’s stock price rushed to $231.00 per share before, it failed to bid for Midland Bank with Wells Fargo Bank, which caused Citibank’s stock price to plummet. Fortunately, it has now risen again.

  Once the Black Shirt Group shorts Bank of America Corporation, then the House of Representatives will inevitably pass a new version of the rescue plan. The stock market has skyrocketed, and bank stocks must also go crazy.

  Hey, at that time, these Huaxia people would lose a lot of money on their books.

  If the stock market soared for a few days in a row, then the Heishan Group would be over.

  So, tonight is the end of the Black Shirt Group!

  Ratan Tata smiled: "I'm just waiting to see how these Chinese people lose money tonight. They have always been proud of it before, but now that Feng Shui turns around, we are proud of it!"

  Before, they fought many times with the people of the black shirt group. Although they always suffered a loss, did not have the upper hand, and lost many times, they could afford to lose. The black shirt group would be finished if they lost once.

  He hoped that the Heishan Group would suffer a huge loss tonight and make these Chinese people tremble, and then called him to kneel and lick, asking for negotiation.

  Feroz Sanhavi coldly said: "These Chinese turtle sons don’t know what terrible skyrocket they will face tonight! They will pay a heavy price for this stupid and ignorant short-selling."

  Tonight is the U.S. House of Representatives voting on the new version of the rescue plan. Feroz Sanhavi is 100% sure that the new version of the rescue plan will be passed.

  At that time, both houses of Congress have formally passed the bill, President Bush signed the bill, and the three-day surge in global stock markets is not a problem.

The people in the Blackshirt Group shorted Citibank, Wells Fargo, HSBC, and Bank of America, and they would pay a heavy price. He hoped to kill the Blackshirt Group this time, and then split the Blackshirt Group completely. , In order to solve his hatred.

  Anand Mahindra said, “I don’t know if these Huaxia Tortoise grandsons dare to short Bank of America tonight?”

They had a battle between Baroda Bank of India and the people of the Black Shirt Group on Wells Fargo Bank. They bought 100 million shares of Wells Fargo Bank. They opened a position at $40.00 per share. They suffered a big loss that night, with the highest floating loss on the book. 1 billion dollars.

  But now Wells Fargo’s stock price has risen sharply, reaching $39 per share. They only lost $100 million on their books.

  I believe it will soon be able to float.

  Thinking of this, Anand Mahindra flicked his hard beard with his hand, looking forward to it.

  La Gushlov took off his red glasses and said indifferently: “If they dare to short Bank of America tonight, then they will jump into the fire pit by themselves!”

They had a battle with the Black Shirt Insurance Company on the HSBC stock in Hong Kong before. They are currently at a disadvantage. The stock price of HSBC has been hovering around HK$110.00 per share. They have longed 300 million shares and opened a position. The position is 120.00, with a loss of 3 billion Hong Kong dollars on the book.

  Tonight is the top priority. Once the Black Shirt Group shorts Bank of America recklessly, then these Chinese people will be over.

  At that time, the Heishan Group will be insolvent, and it will have to close HSBC's short list. At that time, the Heishan Group is really the end.

  Gilayu Amin grabbed his long yellow curly hair and sneered: “Now the stock price of Bank of America has reached $39.50 per share, so it’s not easy for us to buy in United Bank of India.”

  He looked at the stock price chart of Bank of America Corporation and muttered to himself: "This stock price is a bit high. It would be nice if this Chinese man shorted Bank of America Corporation and its stock price fell."

  Now the stock price of Bank of America is about to reach $40.00 per share, and their Union Bank of India really doesn’t want to increase their holdings of Bank of America’s stock at a high level.

  Now Gilayu Amin especially wants the people of the Black Shirt Group to short the stock of Bank of America Corporation immediately, let the stock price fall, and then he can buy at a low price.

  Following the passage of the new bill by the US House of Representatives, the stock market skyrocketed for three consecutive days. At that time, their Union Bank of India had a lot of money on their books.

   "It's a pity, these Chinese dogs dare not go short"

  At this time, the stock price of Bank of America rushed to the position of $40.00 per share, and the people of the Black Shirt Group began to sell the shares of Bank of America Corporation.

  500,000 shares!

  500,000 shares!

  ··

  Bank of America’s stock price began to turn around from the position of $40.00 per share.

  39.50

  39.00

  38.50

  $38.00 per share!

   Gilayu Arming was overjoyed!

   "Haha, these Chinese pigs are already short!"

   "They must be shorting!"

   "Hey, they finally can't help it, **** them!"

   "Grass, pull it up and eat them clean!"

  "The chance to kill them this time is here"

   "These stupid pigs finally acted, let us wait, Gilayu Amin, let them kill them!"

  Nehru, Sundeep Batra, Ratan Tata, Feroz Sanghawi, Anand Mahindra, and Rajuslov were very excited and extremely excited.

  And Gilayu Amin flicked his long curly hair and said: "No hurry, I will wait for them to sell out, I will pull it up again, hey, the funds prepared by the Union Bank of India this time are enough to crush these Chinese pigs."

  The Union Bank of India has mobilized a lot of funds this time, and it can completely crush the US$1.52 billion worth of shares that the Black Shirt Group asked the Imperial Bank of India to borrow.

  "This Chinese wild boar has been jumping for so long, I will end it with Gilayu Amin tonight!"

  Others asked curiously: "Gila Yuamin, how much money did you prepare for Union Bank of India?"

   Gilayu Amin smiled slightly: “The 1.52 billion dollars that crushed the Black Shirt Group is more than enough.”

  Then Bank of America’s stock price continued to fall under the sell-off of the No. 4 fund managed by the Black Shirt Group.

  37.50

  37.00

  36.50

  36.00!

  At this time, Gilayu Amin shouted to the traders: "Buy!"

  "Is the President"

  Under the purchase of Union Bank of India, the stock price of Bank of America has been rising all the way!

  36.82

  37.51

  38.23

  ··

  Because the stock price of Bank of America is volatile, many retail investors and institutional investors in the market are focusing their attention on this.

   "The stock price of this Bank of America company fluctuates wildly"

   "Damn, there should be a big short and a big head in a duel"

   "Maybe this is the case"

  "The shorts hit the market at 40.00, and then the bulls bought crazy at 36.00."

   "It's too fierce, I want to come in and make a fortune haha!"

   "I also want to enter the market to make a fortune"

  Suddenly many retail investors entered the market one after another.

  Some short-term traders from investment banks also joined in.

  At this moment, Casey Entwistle, vice president of UBS Hong Kong branch, looked at the dramatic fluctuations in the stock price of Bank of America, and he was lost in thought.

  Before, the Black Shirt Group asked them UBS to borrow the shares of Bank of America Corporation. Although he agreed, he finally regretted it temporarily.

  The previous superior asked him to sell assets to supplement the entire UBS Group’s holes. This time he focused on Bank of America Corporation.

  Because Bank of America previously spent US$50 billion to acquire Merrill Lynch Investment Bank, Merrill Lynch Investment Bank was of the same nature as Lehman Brothers, and suffered a miserable loss in the subprime mortgage crisis.

  He believes that Bank of America will in the future suffer huge losses due to the acquisition of Merrill Lynch Investment Bank.

  This stock price cannot be maintained at a high price, so he plans to sell the stock of Bank of America.

  Originally, when Bank of America’s stock price hit $40.00 per share, he planned to sell it, but he didn’t expect that the stock price fell sharply after a U-turn. It should be a major institution that sold the Bank of America stock again.

  If he guessed correctly, he should be from the Black Shirt Group!

  After all, the people in the Black Shirt Group had been borrowing the shares of Bank of America, and they wanted to short Bank of America.

  Although their UBS Group did not lend the shares of Bank of America Corporation to the Black Shirt Group, the Black Shirt Group must have borrowed the shares of Bank of America Corporation from other financial institutions.

   "This black shirt group is really amazing"

   "I don't know how many listed companies have been shorted"

   "It's all profitable"

  Kathy Entwistle also professionally studied the history of the rise of the Black Shirt Group.

  The Heishan Insurance Company was formed by several insurance companies, and then the Heishan Insurance Company was the core to form the Heishan Group, which also owns the Heishan Investment Bank.

  Looking at the stock price of Bank of America Inc. rising all the way, he murmured to himself: "Tonight I have to sell the share price of Bank of America before them, before the stock price reaches $40.00 per share."

  At this time, Bank of America Corporation rushed to 39.05 US dollars per share, Kathy Entwistle, without saying anything, began to sell the shares of Bank of America Corporation.

  1 million shares!

  1 million shares!

  ··

  The stock price immediately turned and fell!

  Heishan Group headquarters, Wang Guanxi and others were stunned.

  "BOSS, other large institutions are also selling the shares of Bank of America!"

  "Should we continue to sell?"

  Wang Guanxi shook his head; “Let them sell out, Union Bank of India is blocking us, let other shorts consume Indians’ funds!”

   "Yes, BOSS!"

  ··

  At this moment, Jiang Quan, vice president of HSBC International Trust Company, just watched the stock price of Bank of America hit $39.00 per share, then turned around and plummeted, which made him very upset.

  Because when the stock price rushed to 40.00 per share, he wanted to sell, but other institutions sold it.

  Now the stock price has risen again, and when it reaches the 39.00 position, he also wants to sell, but there are still institutions ahead of it.

  This makes him very depressed.

   "It should be the black shirt group selling!"

  Before, Huang Shaokai of the Blackshirt Group called him and said that he borrowed the shares of Bank of America. Although he agreed, he temporarily repented because HSBC International Trust Company also needed to cash out funds.

  "Wait later, I will find a chance to sell."

  ··

   Soon the share price of Bank of America Corporation fell to $36.00 per share.

  And the Union Bank of India, Gilayu Amin shouted: "Keep buying, no matter who sells it, it will follow!"

   "Yes, President!" Traders bought in one after another!

  1.5 million shares!

  1.2 million shares!

  1.4 million shares!

  1.3 million shares!

  ··

  Bank of America's stock price turned up!

  The two sides are fighting!

  But the United Bank of India bought a lot!

  Kathy Entwister of UBS, after selling 20 million shares, still couldn’t stop the stock price of Bank of America from rising!

  Gradually the stock price rushed to the 39.00 position again!

  Headquarters of the Black Shirt Group, Huang Shaokai couldn’t help but said: “BOSS, this Indian has a lot of money”

   Wu Zhankun: "BOSS, the stock price has reached 39.00, should we continue to sell?"

  They sold once before.

   Zhang Dexi said, "There will be no financial institutions selling off, right?"

  Wang Guanxi thought for a while and said: "Keep waiting, wait until the stock price reaches $40.00 per share, we will sell again!"

   "Yes, BOSS!"

  At this moment, HSBC International Trust Company, Jiang Quangang did not hesitate any more, and began to sell the shares of Bank of America Corporation!

  1.5 million shares!

  1.56 million shares!

  1.59 million shares!

  1.65 million shares!

  ···

  Bank of America's stock price fell after Jiang Quangang’s sell-off.

  38.50

  37.80

  37.40

  36.80

  36.20

  And the Imperial Bank of India Hong Kong Building, in the trading room.

  Nehru, Sundeep Batra, Ratan Tata, Feroz Sanhavi, Anand Mahindra, and Lajuslov were completely dumbfounded.

   "Why did this Huaxia sell so fiercely?"

   "Did they borrow stocks elsewhere?"

"impossible?"

   "It should not be the people of the Black Shirt Group who are selling, I feel that there are other institutions selling the shares of Bank of America!"

   "It's okay, anyway, Union Bank of India has a lot of funds, they will eat it all when they come"

   "These Chinese people don't know if the sell-off is over?"

  And Gilayu Amin rubbed his long curly hair and said, “They are idiots who sell like crazy and smash the stock price. I just worry about not having a chance to buy at a low price. It’s just right, I’ll buy it for Lao Tzu!”

   "Yes, President!" Traders bought in one after another!

  1.7 million shares!

  1.75 million shares!

  1.64 million shares!

  186 million shares!

  ··

  Bank of America's stock price turned up again!

  36.80

  37.05

  37.25

  37.82

  38.45

  ··

  And HSBC International Trust Company, Jiang Quangang also increased the selling!

  Both sides fight!

  Bank of America's stock price fluctuated wildly from 36.00 to 39.00.

  Jiang Quan just sold 30 million shares, but he still couldn’t stop the stock price of Bank of America from rising!

   Soon the stock price of Bank of America Corporation rushed to the 39.50 position!

   then rushed to the 40.00 position!

  Jiang Quan just took a breath: "This buying is too aggressive, and there are still 20 million shares waiting to be sold!"

  Heishan Group headquarters, in the trading room, everyone is thrilled.

  Huang Shaokai said with great excitement: “Boss, the Indians once again forced the stock price up!”

  Zhang Dexi also said: "This Indian has so much money!"

   Wu Zhankun excitedly said: "No wonder this Indian is so confident, because it turns out that there is so much money."

  Wang Juehao also said: “This time, Indians bought a lot of shares at a low position.”

  Bai Weiqiang asked: "Boss, are we going to hit the game now?"

  Wang Guanxi took a deep breath and shouted loudly: "Smash this Indian to me!"

  "Yes, BOSS" everyone immediately began to sell the shares of Bank of America.

  1 million shares!

  2 million shares!

  3 million shares!

  2.4 million shares!

  1.6 million shares!

  ``

  The Black Shirt Group is crazy!

  Bank of America's stock price fell sharply from the 40.00 position!

  39.05

  38.44

  37.54

  36.85

  36.00 location!

  This time, the Black Shirt Investment Bank has sold out 40 million shares, and the position of opening is around US$38.00 per share, temporarily floating US$80 million.

  ··

  In the trading room of the Imperial Bank of India, Hong Kong Building.

  Nehru, Sundeep Batra, Ratan Tata, Feroz Sanghawi, Anand Mahindra, and Rajuslov were completely suppressed.

   "This Chinese man actually has so many bullets!"

   "I'm paralyzed, I can't figure it out. Did the Huaxia sell it just now?"

  "Didn’t this Huaxia borrow only US$1.52 billion in stocks? Why did they sell so much?"

  "Grass, UBS and HSBC International Trust Company are selling"

   "My day! These two bastards"

  "But it’s okay. Didn’t they let the Union Bank of India buy at a low price? They regretted it after the House of Commons voted on the new bailout bill."

  And Gilayu Amin of the Union Bank of India sneered: “These idiots allowed me to buy so many stocks at a low position. After a while, the U.S. House of Representatives voted and made them regret their death!

  Thinking of this, he continued to shout: "Continue buying for Laozi!",

  "Yes, President" everyone bought again!

  2 million shares!

  2 million shares!

  ···

   Soon, Bank of America's stock price rushed to 39.40 again.

  In this regard, the United Bank of India bought 100 million shares of Bank of America Corporation. The position was opened at US$37.00 per share, and US$3.7 billion was spent, with a floating profit of US$240 million on the book.

  "Finally bought it, $3.7 billion!"

   "These Chinese people must have no bullets."

  "Just waiting for the lower House of Representatives to vote!"

  Suddenly, news of the explosion came!

  The unemployment rate in the United States is announced.

  The US government reported that the unemployment rate remained at 6.1% in September, in line with market expectations. Another indicator of the unemployment rate, which includes those who want to find a job but cannot find it, rose from 10.7% to 11%, a new high since April 1994.

  Since this year, the US has lost 760,000 employed people. This data further shows that the US economy has fallen into recession long before the financial crisis broke out.

  The unemployment figure in September was worse than expected, and this year’s monthly average unemployment figure doubled.

  Suddenly the stock market plummeted!

  Bank of America's stock price also fell to 38.00!

  As for HSBC International Trust Company, Jiang Quangang immediately began to sell the remaining 20 million shares of Bank of America Corporation!

  1.8 million shares!

  1.7 million shares!

  1.6 million shares!

  3 million shares!

  ··

  Because of the absence of United Bank of India’s protection, the stock price of Bank of America has fallen all the way!

  37.00

  36.40

  36.10!

   fell below 36.00!

  35.51

  34.58

  34.00 position!

  Jiang Quan just sold the last 20 million shares, he was relieved immediately, and then got up and went to find a woman to open a house.

  As for the voting in the House of Representatives at midnight, he was not interested.

  Not just the stock price of Bank of America falling, the stock prices of Citibank and Wells Fargo will also plummet due to the announcement of the US unemployment rate!

  Imperial Bank of India Hong Kong Building, in the trading room, everyone was scared to sweat!

   "Grass, this unemployment rate!"

   "I'm paralyzed, but come out now!"

  "But it is also a good thing. The higher the unemployment rate, the more the next House vote will pass."

   "Yes, we are waiting for the result of the vote in the House of Representatives"

   "Those Chinese people will definitely be trapped to death this time!"

  "Wait, I hope the House of Representatives will pass the new relief bill with an overwhelming number of votes!"

  Union Bank of India, Gilayu Amin gently tossed his curly hair, his face was a little gloomy!

  Now the United Bank of India has a loss of US$300 million on the book, which makes him not very happy.

  "This time let Huaxia people feel proud for the time being. When the voting in the House of Commons starts, some of you will cry"

  The sudden announcement of the unemployment rate in the United States caused the stock market to fall a lot, but the vote in the House of Representatives was the highlight.

  At midnight tonight, there was a good show.

  He wants to see how those Chinese people lose money!

  What a terrible loss!

   When the stock market rises for three consecutive days, the Heishan Group will be completely finished!

  ··

  And at the moment Soros Quantum Fund.

  Watching Bank of America’s stock fell to $34.00 per share, Soros spoke to his assistant Roga Powers: "Get ready to buy the stock of Bank of America!"

  This time Soros is very optimistic about the vote of the House of Representatives, and he is 100% sure that it will pass!

  And I heard that the Black Shirt Group has come to short Bank of America. As an old opponent, naturally, I can’t miss the opportunity to do it again.

   "Once the House of Representatives starts voting, you will buy a lot!"

   "Yes, the boss" Luojia Powers nodded quickly.

  While Heishan Investment Bank, Wang Guanxi and others are so crooked.

  Bank of America's stock price fell to 34.00 US dollars per share, and the No. 4 fund had a floating profit of 160 million US dollars.

  Wang Guanxi said: "Just waiting for the House of Representatives to vote!"

   "It should be rejected!"

   "No matter what, we are undefeated this time!"

  (End of this chapter)