Rebirth of the Financial Crisis Sweeping the World

  Chapter 343 343 is simply incomparable! Break 30 billion Hong Kong dollars!

  Wang Guanxi looked at Liu Jingdong with a serious face and said: "I will go to the mainland in a few days. You can come to Lushi directly to find me."

  After he flattened the 60,000 short-handed list on the Hang Seng Index, Amazon will go to the mainland after buying the bottom.

  In the end, Liu Jingdong’s financing in Hong Kong was a bit ashamed. Jingdong’s valuation fell again and again, making Liu Jingdong’s hair all white. It is conceivable what he faced, that was the cruel rejection of venture capitalists.

  Liu Jingdong quickly lost her hair.

   "Okay, a word is settled" Liu Jingdong said seriously.

  At half past nine in the evening, Wang Guanxi left the Peninsula Hotel.

  When he got in the car, Liu Jingdong chased it out.

  "Mr. Wang, please wait a moment"

   "Mr. Wang!"

  Wang Guanxi stopped, turned around and asked, "Mr. Liu, what else is there?"

   Liu Jingdong tentatively asked: "You are the boss of the Heishan Group, can we talk again?"

  He also heard about the Heishan Group. Although he is engaged in the Internet industry and does not pay much attention to the financial industry, the Heishan Group is indeed well-known. He also invested 15 billion Hong Kong dollars in the Fuji Xun Group before.

  It is conceivable that this Mr. Wang has financial resources.

  Thinking of this, he was sighing in his heart.

  I’m old and worth a little bit. The company is struggling and may go bankrupt, but what about others?

  This is simply incomparable!

  Before Liu Jingdong was very arrogant, and then undoubtedly learned of Mr. Wang’s identity from others, he was immediately shocked.

  He did not expect that the Hong Kong consortium boss was actually a young boy who sat next to him and chatted for a long time.

  Before Mr. Wang said that he would bring his Jingdong company back to life in minutes, he still had some doubts, and now there is no doubt at all.

  A financial tycoon who invests 15 billion Hong Kong dollars in Fuji Xun Group casually, will he lack hundreds of millions of Hong Kong dollars to invest in Jingdong Company?

  Mr. Wang, he is really not pretending to show off in front of him, but he really has such ability and strength.

  At this time, Wang Guanxi smiled and said: “Mr. Liu, let’s talk again when you have time. I will go to Lushi early next month. If you don’t find any funds, you can come to Lushi for financing."

  Wang Guanxi got into the car and left.

  Liu Jingdong looked at the car going away and muttered to himself: “How could I not find investors, the valuation of 150 million US dollars, and the control of the board of directors are my bottom line”

  He felt that Mr. Wang must have given a very low valuation.

  I should not accept it.

  Forget it, let's continue to find investors.

   Then Liu Jingdong returned to the hotel.

  The next day, October 27, 8:30 in the morning, in the center of the black shirt.

  In one and a half hours, the Hong Kong stock market opens.

  Everyone was eating breakfast and discussing what happened in the financial market.

  Especially this week, the 60,000 short positions on the Hang Seng Index will be closed. Everyone is excited after all.

  The No. 1 Fund is shorting 60,000 lots of the Hang Seng Index, with a position of 19,950, a floating profit of 21.6 billion Hong Kong dollars, and a net account value of 28.1 billion Hong Kong dollars.

  Huang Shaokai said excitedly: “The Hang Seng Index closed at 12750 last Friday. I don’t know if it will fall below 11000 this week?”

  The Hang Seng Index has reached a new low. It fell below 14,000 and 13,000 last week. It may fall below 11,000 this week. Of course, this is only possible. After all, no one knows where the stock market will go in the future.

  Zhang Dexi drank milk and asked, “Mr. Huang, do you think the Hang Seng Index will fall by more than 2,000 points this week?”

  Last week, the Hang Seng Index fell sharply, from the highest point of 17,200 to 12,750. It fell nearly 4,500 points. This week, it’s okay to drop another 2,000 points, right?

   Wu Zhankun: "Lao Zhang, I definitely can fall by more than 3,000 points, and the stock price will fall below 10,000. You must know that the financial crisis is getting worse and worse. Although the global central banks are cutting interest rates, the effect is only temporary."

  Now the global central banks have cut interest rates, but this is just doping. This body is not good, and doping is useless.

  Bai Weiqiang also said: “Mr Wu is right. The Hang Seng Index will definitely fall below 10,000 this week, and most Hong Kong stocks will definitely continue to fall, such as HSBC and Hang Seng Bank. Hey, we are going to make a lot of money this time.”

  The No. 1 Fund is shorting 60,000 lots of the Hang Seng Index, with a position of 19,950, a floating profit of 21.6 billion Hong Kong dollars, and a net account value of 28.1 billion Hong Kong dollars.

  HSBC’s share price fell to 88 Hong Kong dollars per share on Friday.

  The black shirt insurance company shorted 260 million shares, and the position was set at 120, with a floating profit of 8.32 billion Hong Kong dollars on the book and a net account value of 34.72 billion.

  The Hang Seng Index and HSBC’s stock prices will definitely continue to fall sharply this week.

   "Yeah, yeah, Fund 1 and the accounts of the Black Shirt Insurance Company will all make a lot of money."

   "I hope the Hang Seng Index will fall by 1,000 points today!"

"definitely"

  At this time, Zhang Dexi looked at the news and laughed: "Haha, many asset management companies have been redeemed in large numbers, and now they have to sell their assets."

   "This is fun"

  "These asset management companies dumped Hong Kong's financial assets on a large scale, so Hong Kong stocks must have fallen very badly today."

  Speaking of this, everyone is looking forward to it.

  At this time, Wang Guanxi also came to the trading room.

   "BOSS!" everyone said in unison.

  Wang Guanxi asked: "Is there any good news that is bad for the stock market in the past two days?"

  Wang Guanxi has been busy for the past two days, but he has not paid much attention to the news of the financial market.

   Zhang Dexi quickly said: “BOSS, many asset management companies have been redeemed in large numbers, such as American Fidelity Investment Group, CITIC Assets, Ping An Assets, China Merchants Assets..."

  When Wang Guanxi heard this, he was immediately excited: “Good news, the stock market is bound to plummet today, and be ready to close the short list of the Hang Seng Index.”

  "Yes, BOSS" everyone is looking forward to it.

  At this time, Huang Shaokai asked: "BOSS, what about HSBC's short order?"

  Wang Guanxi smiled and said: "The short list on HSBC is not in a hurry. We have to get it until March next year."

  Everyone suddenly took a breath when they heard it.

  Will HSBC’s share price keep falling?

   And Wang Guanxi smiled again: “This time, the Indian Overseas Bank and the Indian Tata Consortium are going to lose money. As long as we don’t close the position, the Tata Consortium cannot close the position."

  Black Shirt Insurance Company shorted 260 million shares, of which 150 million shares were borrowed from the Tata Consortium of India, while the remaining 110 million shares were borrowed from American International Group and Legg Mason Group.

  As long as the black shirt insurance company does not liquidate its position, it buys stocks in the market and then returns the stocks to the counterparty, the counterparty cannot liquidate the position.

  I can only watch the loss on the book more and more.

   "Waiting for the Tata Consortium to kneel and lick, and then we are rejecting them"

   "Yes, BOSS!"

  ··

  At this moment, in the office of the President of the Imperial Bank of India, Hong Kong Building.

  Nehru, Sundeep Batra, Feroz Sanhavi, Anand Mahindra, and Gilayu Amin are drinking tea, and their faces are not very good.

  Although the US government has injected capital into major banks on a large scale, Citibank’s stock price has slowly fallen to $131 per share, and the Indian pension fund and the Indian Industrial Trust and Investment Bank have still suffered large losses on their books.

  Wells Fargo’s stock price did not rise much, but fluctuated around the $30 per share position. The Imperial Bank of India and the Baroda Bank of India still suffered miserable losses on their books.

  And Bank of America’s stock price is at $21 per share, leaving the United Bank of India’s book losses unchanged at all.

  The expressions of Rajuslov of Bank Overseas Bank and Ratan Tata of the Tata Consortium are even more ugly than the other five.

  Because HSBC’s share price fell to 88 Hong Kong dollars per share.

  India Overseas Bank holds 300 million shares of HSBC in Hong Kong, with a position of HK$120.00 per share, and a loss of HK$9.6 billion on the book.

  The Tata Consortium of India, which holds 150 million shares of HSBC, opened a position at 80 Hong Kong dollars per share. It was bought in 2003, and now it has only a floating profit of 8 Hong Kong dollars per share on the book. It has suffered heavy losses.

   These 150 million shares were lent to the Black Shirt Insurance Company to go short, and now Ratan Tata is a little bit regretful.

  Ratan Tata said with a gloomy face: "The Hong Kong stock market has no idea what the **** is going on. It has fallen so hard. The HSBC stock price has fallen below 90 Hong Kong dollars per share, a record low."

  HSBC, Hong Kong’s super blue chip stock, actually fell to 88 Hong Kong dollars per share, a 5-year low.

   La Gushlov put on his big red eyes, and cursed: "This **** black shirt insurance, TM's!"

   "Oh, I don't know what will happen to the Hong Kong stock market this week?"

  Ratan Tata said: “Many asset management companies have been redeemed by customers. If they want to pay customers’ funds, they have to sell their financial assets.”

  Lajuslov took off his big red glasses in an instant, threw them on the sofa and said: "TM's, our asset management company under the Indian Overseas Bank has also been redeemed by a large number of customers, alas!"

  ···

  Exterminate the Black Shirt League.

  Jiao Xiongbing of Daoheng Securities and Adolf Roguli of CLSA were very nervous.

   "When is this stock market going to fall?"

   "MB, Hang Seng Bank's share price has fallen to 50 Hong Kong dollars per share"

  They hold 61 million shares of Hang Seng Bank, with a position of 81.96 Hong Kong dollars per share. Now the stock price has fallen to 50.00 Hong Kong dollars per share, and the book has a loss of 1.949 billion Hong Kong dollars.

  Hang Seng Bank’s stock price will continue to fall if it closes the position and is unwilling to lose so much money.

   "Oh, this **** Hang Seng Bank"

  "Damn the stock market, the **** black shirt group"

  The two were pitted by the Black Shirt Group, and now they fell into the pit, unable to break free.

Li Songwei of Yiqun Securities, You Zhenxuan of Dongying Securities, Jiang Jiwei of Dali Securities, Yue Runlin of Gaoxin Securities, and Ju Debiao of Fengnian Securities are all left in their hearts.

  The five of them have always wanted to buy the Hang Seng Index, but they have been afraid to take action. Fortunately, they did not take action. Otherwise, the Hang Seng Index plummeted so much last week and they did not know how much they lost.

  Li Songwei asked: "If the Hang Seng Index continues to plummet today, shall we buy the bottom?"

  You Zhenxuan: "Forget it, I was hunted down"

  Jiang Jiwei: "Let’s continue to wait and see"

  Yue Runlin: "Yes, wait and see for a few days."

  Ju Debiao: "The Hang Seng Index may plummet to 10,000 points this week. How about we bargain-hunting around 10,000 points?"

   "Okay, this proposal is not bad, we will hunt at 10,000 o'clock." The other four people agreed.

   Soon the Hong Kong stock market opened.

  The stock market plummeted at the opening!

  Hang Seng Index plummeted!

  Hong Kong stocks plummeted across the board!

  Today, the Hong Kong stock market was sold wildly.

  The Hang Seng Index fell 550 points in just 15 minutes, from the 12750 position to the 12200 position.

   In the 15-minute chart, there is a long big Yin line, like the water of nine days flooding.

  In the black shirt center, in the trading room, Wang Guanxi and others are overjoyed!

   "It fell so hard"

   "Haha, this time I made a profit"

  "The Hang Seng Index can fall below 12,000 in the morning"

  "It may fall by more than 1,000 points today"

"Yup!"

  Now the No. 1 fund has a surplus of 23.25 billion Hong Kong dollars on the book, and the net value of the account is as high as 29.75 billion Hong Kong dollars. It is about to break the 30 billion Hong Kong dollar mark. Wang Guanxi is very excited, holding his fist and staring at the board closely.

   "Give Lao Tzu continue to fall"

  "Fell down"

   "Break 30 billion Hong Kong dollars!"

  Two minutes later, the Hang Seng Index rose by another 50 points, rushing to the 12250 position, which made Wang Guanxi a little regretful.

  But 5 minutes later, the Hang Seng Index continued to turn around and plummet.

  In just 6 minutes, it dropped another 200 points to the 12050 position.

  The net value of the account of No. 1 Fund has broken through 30 billion Hong Kong dollars, reaching 30.2 billion Hong Kong dollars.

   "TM's finally broke the 30 billion Hong Kong dollar mark"

   "Continue to fall, below the 12050 position!"

  Wang Guanxi's eyes were tightly placed on the fast beating candlestick chart on the board.

  Today, I don’t know how many people want to liquidate their positions.

  As long as the retail investors who do more of the Hang Seng Index stock index futures, they will definitely liquidate their positions. Of course, the retail investors who have liquidated their positions are not the customers of the Black Shirt Investment Bank.

  Previously, the Black Shirt Investment Bank has been posting bad news about the stock market, suggesting that customers go short the stock market or wait and see if they have short positions.

  Huang Shaokai said very excitedly: “BOSS, the Hang Seng Index is plummeting, and HSBC’s stock price is also plummeting. That is India must be **** off."

   Zhang Dexi: "Hey, they must be distressed"

   Wu Zhankun: "Death to these Indian idiots"

  Bai Weiqiang: "I really want to see the pig liver face of Indians"

  Wang Juehao said: “That’s a flushed monkey face”

  Ryan Smith said: "I don’t know if Indians will call to negotiate settlement."

  Wang Guanxi smiled and said: “It shouldn’t be. If the Tata Consortium and Indian Overseas Bank call to negotiate, we will definitely not talk to them.”

  The Indians are arrogant, and there is a high probability that they will not come to negotiate, unless they have suffered a miserable financial loss.

  Of course, this HSBC stock can be held for a long time. Many investment institutions will not choose to sell if they are not very short of money.

  Recently, HSBC’s stocks have been sold on a large scale. It should be that many large financial institutions are short of money and need to cash out large amounts of cash.

  "Yes, BOSS" everyone is very excited.

  At this time, the Hang Seng Index has fallen below the 12,000 position.

  8 minutes later, it plummeted again by 300 points to 11700!

   is not over yet, continue to fall.

   After 7 minutes, it fell again by 200 points to the 11500 position.

  (End of this chapter)