Rebirth of the Financial Crisis Sweeping the World

  Chapter 344 344 Bounce! Gained 9,200 points!

  In the 15-minute chart, a big Yinxian appeared again.

  This long big Yin line seems to be able to shock people's souls.

  I don’t know how many retail investors are frightened or even desperate.

   "Ah!! I'm out of stock"

   "TM's, it fell so much that I doubted my life, and lost several million Hong Kong dollars."

   "Oh, I doubt life anymore"

  "Don't think about it, brother!"

   "Why did the Hang Seng Index fall so hard today?"

   "Oh, I'm going to liquidate my position soon"

  "This black shirt investment bank is the crow's mouth"

   "Grass, every day I say that the Hang Seng Index crashed, it really crashed"

   "I shouldn't go hunting for dips last Friday."

   "Oh, I really regret it"

  ··

  One minute later, the Hang Seng Index rose slightly by 50 points, rushing to the 11550 position.

  Wang Guanxi was happy, and the Hang Seng Bank plummeted to the 11,550 position, which is simply too powerful.

   "Fuck, the Hang Seng Index is going to crash today"

   "Yeah, BOSS, this time we made a lot of money"

   "The profits in this account are skyrocketing!"

   "Yes, the Hang Seng Index has fallen too sharply, right?"

  "It may really fall by 2,000 points today"

  The horses are very excited.

  Wang Guanxi smiled and said: "This morning, the market is not over. It has fallen by 1,250 points. It is possible to drop by 2,000 points throughout the day."

  Currently, the No. 1 fund account has a floating profit of HK$25.2 billion, and the net value is as high as HK$31.7 billion.

  The Hang Seng Index is still falling.

  Five minutes later, it fell below the 11500 position.

  One point is 3 million Hong Kong dollars, and 50 points is 150 million Hong Kong dollars.

  The profit of Fund 1 continues to increase.

  Cool!

  Wang Guanxi became more excited.

  "Continue to fall"

  The funds in the account can’t be counted anymore. More than 30 billion has passed. That is a string of words. You don’t know how much it is.

  And the Hang Seng Index is still falling.

  11400!

  11350!

  The net value of Fund 1 account is 32.3 billion Hong Kong dollars!

  11300!

  11245!

  11210!

  11180!

  When the market closed in the morning, the Hang Seng Index had fallen to the 11150 position!

  The net value of the No. 1 fund account has reached 32.9 billion Hong Kong dollars.

   "32.9 billion Hong Kong dollars!"

  "The cash flow of any one of the top ten consortiums in Hong Kong may not necessarily have as much cash flow as my No. 1 fund!"

  Wang Guanxi is very excited.

  The cash flow of 32.9 billion Hong Kong dollars is a huge capital flow. The cash flow of the Li Jiacheng family does not necessarily have to be as much as Wang Guanxi’s No. 1 Fund.

  Not to mention, Wang Guanxi’s No. 2 Fund, No. 3 Fund, No. 4 Fund, and the cash flow on the account of the Black Shirt Insurance Company.

  Once all positions are closed, the cash flow will be very scary.

  At this time, Huang Shaokai said again: “BOSS, HSBC’s stock price has fallen to 80 Hong Kong dollars per share”

  It’s not just the Hang Seng Index that has plummeted today. The HSBC’s stock price has also continued to hit new lows and has fallen to 80 Hong Kong dollars per share.

  The account of the black shirt insurance company holds a short list of 260 million HSBC shares, which is a floating profit of 10.4 billion Hong Kong dollars, and the net value of the account is as high as 36.8 billion Hong Kong dollars.

  Wang Guanxi is very satisfied; "Very well, keep watching. This time we will become the top ten consortium in Hong Kong. No one's cash flow is as high as ours!"

  Counting funds No. 1, the capital flow of the black shirt insurance company is as high as 69.7 billion Hong Kong dollars.

  This is definitely much higher than the cash flow of Hong Kong’s richest man, the Li Jiacheng family.

  Listening to Wang Guanxi's words, everyone was suddenly excited.

   "Now we are the top ten consortium in Hong Kong, right?"

  "If the scale of assets is calculated, it should be."

   "Haha, I don't know where you can rank?"

   "I don't know for the time being, it depends on the situation"

   "It must surpass the Zheng consortium and the Huang consortium. After all, the real estate has plummeted and their assets have shrunk seriously."

  Wang Guanxi smiled and said: “It’s only temporarily exceeded. When the real estate rebounds, the Huang and Zheng consortiums will be resurrected with full blood and their assets have surged back.

  The Huang Family Consortium and the Zheng Family Consortium have now severely reduced their assets due to the collapse of the real estate industry.

  Of course, there is also the reason why their cash flow has dried up due to the financial war with the Black Shirt Group. At present, their market value has basically fallen to the bottom and cannot continue to fall.

  It’s okay to come to the Huang Family Consortium and the Zheng Family Consortium to survive.

  Once real estate recovers, their assets will swell.

  The real estate market will bring them huge profits, and soon the Huang Family Consortium and the Zheng Family Consortium will be fully resurrected.

  At that time, the Heishan Group will face business competition and fierce battles with them.

  Although the Heishan Group is very strong in finance, it does not have much background in the business war.

  In the future, the Huang and Zheng consortiums will still come to retaliate against the Heishan Group, but Wang Guanxi is not worried, nor afraid, because he looks at the world and builds consortia all over the world. This Hong Kong is just his springboard.

  Little Huang's Consortium, what is the Zheng's Consortium!

   Then Wang Guanxi said: "Let’s go, go to lunch, and when the stock market opens in the afternoon, we may be able to close the Hang Seng Index long list."

  "This time after we liquidate the position, we will buy the bottom of Amazon."

  "Yes, BOSS" Then everyone went to lunch.

  In the Hong Kong Building of the Imperial Bank of India, in the office, Rajuslov of the Overseas Bank of India, and Ratan Tata of the Tata Consortium looked pale.

  India Overseas Bank holds 300 million shares of HSBC in Hong Kong, with a book loss of HK$12 billion.

  India’s Tata Consortium, which holds 150 million shares of HSBC, and the floating profits on the books are gone.

In 2003, the Tata Consortium bought HSBC’s shares at a price of 80 Hong Kong dollars per share. Unexpectedly, after five years, HSBC’s stock price fell back to 80 Hong Kong dollars per share. If you close your position here, you will also lose money.

  In the past five years, the investment has only received dividends, and has not realized the appreciation of assets.

If HSBC’s stock price continues to fall, the Tata Consortium will lose more and lose a lot of money on the book. If it drops to 60 Hong Kong dollars per share, then it will be equal to the dividends they received in 5 years, which will not be enough to make up for it. Losses on stocks.

  Thinking of this, Ratan Tata's face was earthy, cold sweat was dripping from his back.

  Before fighting with the black shirt insurance company on the American AIG Group, he lost 2 billion US dollars, and now he loses so much money on HSBC, he can't imagine.

  Now HSBC’s shares have been lent to the Black Shirt Insurance Company to short HSBC Bank. Only after the Black Shirt Insurance Company closes the position and returns these 150 million shares to the Tata Consortium, the Tata Consortium can liquidate the position.

  Thinking of this, Ratan Tata cursed: “This messy black shirt group, grass! I don’t believe HSBC’s stock price can fall to 60 Hong Kong dollars per share!”

Rajuslov of Indian Overseas Bank held his big red glasses and said fiercely: "The HSBC stock price plummeted today. It may have bottomed out. The long price fell to 75 Hong Kong dollars per share, and then it began to rise. !"

  He made this conclusion because of some analysis.

  The stock market has plummeted for so many days, should it take a break?

  HSBC’s share price has fallen from 120 Hong Kong dollars per share to today’s 80 Hong Kong dollars per share, which is also very low!

  Five-year low!

  There must be many people who are planning to buy the bottom.

  Of course he was just guessing.

  I hope so.

  Ratan Tata said: “Rajuslov, you’re right, today HSBC’s stock price must have bottomed out”

  Raguslov nodded: "Yes, I hope that the people of the Black Shirt Group will close their positions soon, otherwise, they will feel better when the stock market reverses."

  Ratan Tata said: "Unfortunately, they are already invincible. They have a position at HK$120.00 per share, and they will hardly lose money."

La Juschlov comforted: "It's okay. We have no cost or interest for holding HSBC's long order, while Black Shirt Insurance Company holds HSBC's short order and has to pay a lot of interest every day. Can continue to consume with them"

  Ratan Tata got a little comfort in his heart, and said: "That's right, we will consume it with these Chinese people. Anyway, we have not been charged interest."

   and destroy the Black Shirt League.

  Jiao Xiongbing of Daoheng Securities and Adolf Roguli of CLSA saw that the stock price of Hang Seng Bank had fallen to 45 Hong Kong dollars per share, and their backs were cold and sweaty.

Jiao Xiongbing said: "Hang Seng Bank’s share price has fallen to 45 Hong Kong dollars per share. Alas, I don’t know where the Hang Seng Bank’s share price will drop before it stops. I have the urge to liquidate the position. We are paralyzed. The people in the shirt group have been miserable, and don’t know if Hang Seng Bank’s share price will fall to 20 Hong Kong dollars per share

Adolf Roguli: "I also have the same idea. Now we have closed our position, and when the stock price of Hang Seng Bank drops to 20 Hong Kong dollars per share, we will buy the bottom, so that we can also make back the lost money. Do you think how is it?"

Jiao Xiongbing struggled. He really hoped that the Hang Seng Bank’s stock price could fall to 20 Hong Kong dollars per share after they liquidated their positions. However, he was worried that things would not go so smoothly, so he said: “If Hang Seng Bank’s stock price is after we liquidate, Has it started to rise? So, aren't we losing money in vain?"

  They hold 61 million shares of Hang Seng Bank, with a position of 81.96 Hong Kong dollars per share, and now they have lost 2.25 billion Hong Kong dollars on the book.

  It's like being bitten by a crocodile on a leg, unable to break free, and then forced to break free, that really lost a leg, continue to fight, there may be hope of keeping the leg.

  Once the position is closed, it is really a loss.

  Continue to carry on, there is still hope.

   Adolf Rogulli: "Then we should continue to carry on."

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 now looking excited and terrified.

  Li Songwei said: "The Hang Seng Bank will definitely fall to the 10,000 position. Let's wait for the bottom hunter."

  You Zhenxuan: "Well, this time is a good opportunity for us to turn our money back"

  Jiang Jiwei: "Hope the Hang Seng Index continues to plummet"

  Yue Runlin: "In the afternoon, I gave Lao Tzu a direct drop to 10000, the best position, and then we enter the market to buy the bottom."

  Ju Debiao: "Last time we fought with the Black Shirt Investment Bank on Midland Bank, we lost US$1.09 billion. This time we have to make a one-time profit, earning tens of billions of dollars!"

   "Haha, just what I want, I think so too"

   "This time, we must copy the bottom of the book accurately, and make a tens of billions. Then we will find the Heishan Group to settle the account."

   "The paralyzed, when the time comes to grab their customers, grab their business"

   "We will drag them to death, to death!"

  ··

  At this moment, at the Empire Hotel on Hong Kong Island, the senior executives of the Black Shirt Group are enjoying lunch.

  Shrimp wonton noodles, beef brisket noodles in clear soup, beef brisket noodles in soup, beef brisket in clear soup, beef brisket noodles in clear soup, beef tendon brisket curry, beef brisket noodles in curry...

  Wang Guanxi said: "If the Hang Seng Index drops to the 10,700 position this afternoon, we will start to liquidate the position and prepare to buy Amazon shares."

This time the No. 1 Fund should be able to make a price of more than 33 billion Hong Kong dollars. When that time, 33 billion Hong Kong dollars will be converted into U.S. dollars, and then Amazon will buy the bottom. Amazon's stock price is less than 50 US dollars per share, and the future will be as high as 3,500 US dollars per share. To make a profit.

  "Yes, BOSS" everyone is very excited.

  They make money again and again, and they are both witnesses and creators of the legend of the Heishan Group.

   Then everyone talked about the financial situation.

  Many major events have happened in the world recently.

  [The hedge fund industry will shrink on a large scale in the next few months]

  Hedge funds have lost more than $200 billion this year. As the global financial crisis worsens, the size of the hedge fund industry may shrink by a quarter in the next few months.

  Investors are pulling money out of many loss-making hedge funds. Analysts said that this redemption wave forced hedge funds to sell stocks and other assets and redeem other complex investments, which in turn exacerbated market turbulence.

  Officials who attended the hedge fund industry conference in London last week predicted that in the next few months, as the market declines, credit dries up, and investors divest, one-quarter to one-third of hedge funds will close their doors.

  Although hedge funds are not the initiators of the financial crisis, developments in recent months are prompting global regulators to conduct more comprehensive supervision of the industry.

  Currently, the assets under management of hedge funds are approximately US$1.7 trillion.

  【The world’s largest hedge fund is rumored to be bankrupt】

  There is now widespread rumours in the media that Citadel Investment Group LLC, one of the world’s largest hedge funds, is facing bankruptcy and has sought funding support from the US government.

  As of the end of this year, US hedge fund managers may lose 15% of their assets due to investor redemptions, while their European competitors will lose as much as 25% of their assets.

  According to the HFRX Global Index, global hedge funds have fallen by an average of 18% this year.

  Now the HFRX global index is down by 7.76%, which is the biggest decline in the past ten years.

  The market downturn prompted investors to leave the market one after another, and hedge fund managers therefore had to sell their assets to meet the redemption requirements of investors.

  At the same time, banks' demands for more collateral also made hedge funds worse.

  In response to the panic redemption wave of investors, global hedge funds are eager to sell assets.

  The actions of hedge funds have further aggravated the most serious selling pressure faced by the market in the past 50 years, making the investment market a vicious circle.

  This caused the global stock market to plummet, and today the Hong Kong stock market has also been sold by hedge funds.

  Wang Guanxi said: "This afternoon's selling wave will continue!"

  Huang Shaokai asked: "Will there be another wave of selling tomorrow?"

  Zhang Dexi: "Maybe, or maybe not. After all, they have fallen to this level. Many people who buy the bottom listen to it."

   Wu Zhankun also said: "I hope the plunge will continue in the afternoon, anyway, we will close the position in the afternoon."

  Wang Juehao: "Hey, I must have fallen very badly in the afternoon. Now it is all in panic, and wealthy investment institutions dare not enter the market."

  Wang Guanxi smiled and said: “That’s right, just wait until the Hang Seng Index continues to plummet in the afternoon, and then close the position and see how much money you make.”

  The 60,000 hands of the Hang Seng Index were shorted a long time ago. Wang Guanxi has been holding it. Waiting for the Hang Seng Index to fall, patience is always good. Finally, the Hang Seng Index fell to the 11,200 position, which is very close to the lowest point.

  Time passed in a flash.

  The afternoon session of the Hong Kong stock market opened.

  The Hang Seng Index opened up 50 points.

  But after 10 minutes it dropped 150 points to 11050!

  The net value of No. 1 Fund account is as high as 33.2 billion Hong Kong dollars.

  Wang Guanxi was overjoyed, staring at the big screen, and shouting: "Give me my fall."

   "Fell down!"

   "Fell down!"

   "Fall!!"

  The horses are also shouting!

  Five minutes later, the Hang Seng Index fell to the 11000 position!

  This is horrible.

   Once it breaks below, the Hang Seng Index will plummet by hundreds of points!

  This is a key point of market psychology. If it falls below this area, incredible things may happen.

  Wang Guanxi shouted: "Fall down!"

   "Fall right away!"

  There are quite a lot of longs here, plus many profitable short-term shorts who have closed their positions. The Hang Seng Index is supported at 11000, which makes Wang Guanxi a bit crazy!

   "TM's, did you fall down?"’

  This Hang Seng Index is like a naughty child, but it is not going to fall.

  At this time, traders from Bareque Bank bought the Hang Seng Index in large sums, making the Hang Seng Index rush up to 100 points, and then the Hang Seng Index gained a firm position at 11100.

  After 10 points, the Hang Seng Index fell to the 11000 position again, but it was supported again.

  Huang Shaokai asked; “BOSS, the Hang Seng Index seems to be unable to fall anymore, do we want to close the position?”

  Zhang Dexi also said: "The bulls here are very strong. I am afraid that they will not fall below the 11000 position today."

   Wu Zhankun also said: "I don’t know which institutions are buying the Hang Seng Bank."

  Wang Juehao: “Perhaps some big institutions are crazily closing their short lists”

  Bai Weiqiang: "I don't know, but now the bulls at the 11000 position are indeed strong, and they are defending here firmly."

  Wang Guanxi said: "Keep waiting, I will definitely fall below the 11000 position. I don't believe that I can't fall below today!"

  "Yes, BOSS" everyone stared at the Hang Seng Index.

  The Hang Seng Index is now volatile and may rise sharply at any time.

  At this time, Goldman Sachs Bank and Xinzhan Bank began to hit the Hang Seng Index. Their favorite is to hit the key positions.

  Xin Zhanzhan Bank, core trader Xue Leyi directly smashed 100,000 short orders into it.

  The Hong Kong branch of Goldman Sachs, the core trader Dikon Alaus, also entered the market with 100,000 short orders.

  200,000 short-handed orders poured in, and the longs in the 11,000 position area were instantly eaten up and collapsed!

  The Hang Seng Index directly fell below the 11,000 position!

  All the way down!

   fell to the 10900 position!

  10850 location!

  The net value of the No. 1 fund account is as high as 33.8 billion Hong Kong dollars.

  After that, the Hang Seng Index continued to fall!

   fell below the 10800 position!

   fell to the 10750 position!

   continued to fall and fell to the 10720 position!

  Wang Guanxi shouted: "Close the position!!!"

  "Yes, BOSS" the horses immediately began to liquidate their positions!

  5000 hands!

  5000 hands!

  6000 hands!

  8000 hands!

  4000 hands!

  ····

   Soon the 60,000 short positions of the Hang Seng Index were closed. The average position was 10,750. A total of 9,200 points were obtained, and one point was 3 million Hong Kong dollars, for a total of 27.6 billion Hong Kong dollars!

  The net value of the account is as high as 34.1 billion Hong Kong dollars!

  This short selling that took nearly two months is finally over!

  Wang Guanxi’s No. 1 Fund made a huge profit of 27.6 billion Hong Kong dollars.

  His heart is like being filled with happiness sugar juice, refreshing and happy.

   To be honest, at the beginning, he just wanted to earn about 5 billion Hong Kong dollars, but he did not expect to gain 27.6 billion Hong Kong dollars, and he also founded the Black Shirt Group and a family fund.

  Now his worth is also terrifying.

   Then he put out 100 million Hong Kong dollars as bonuses for several horses, leaving 34 billion Hong Kong dollars.

  ···

  The time passed quickly. Not long after the No. 1 Fund closed its position, the Hang Seng Index began to skyrocket.

  Half an hour later, the afternoon trading closes.

  Today, the Hong Kong Hang Seng Index plummeted 12.7% throughout the day and plunged 1602 points to close at 11015 points, a record of 11-year decline.

   shocked Asia!

  Rene Smith, vice president of Blackshirt Investment Bank: The Hang Seng Index fell at an unprecedented speed in the afternoon. Hong Kong stocks underperformed most Asian stock markets on Monday. Many investment funds sold indiscriminately in order to meet redemption demand.

  Si Xiuliang, vice president of American Fidelity Investment Group: I have never seen such an avalanche decline in stock prices.

  The speed of the market decline far exceeded expectations.

  It is difficult to predict where the bottom of the Hang Seng Index will be in the near future, and the global market is shrouded in pessimistic sentiment.

  Investors are very pessimistic and panic about the outlook for the global economy.

  The whole market is filled with panic.

  It is important to know that the selling pressure of Hong Kong stocks intensified in the afternoon and even fell below the 10,000-point level. For the first time in more than five years, it was as low as 10676 points, with a drop of more than 1940 points, the lowest in the intraday market.

  Real estate stocks were under strong selling pressure, and the China Enterprises Index fell 812 points to 4990 points.

  HSBC’s share price fell to HK$75 per share, and the Indian Tata Consortium and Indian Overseas Bank suffered heavy losses.

   "Ah!! This HSBC Bank!" Ratan Tata was furious because of the loss on the Tata consortium's books!

   "This black shirt group! Damn it!" Lajuslov took off his big red eyes and rubbed them hard.

  Because the whole Hong Kong knows that the black shirt insurance company shorted HSBC, now HSBC’s stock price has fallen to 75 Hong Kong dollars, without even thinking about it, the black shirt insurance company has made a lot of money.

  "This black shirt insurance shorted that company, and that company’s stock price plummeted"

   "Yes, HSBC's stock price is no exception. It has now fallen to 75 Hong Kong dollars per share."

  "Is the black shirt insurance company undefeated the myth?"

  "Does this still need to be said? The Wall Street media has long said that the Black Shirt Group is an oriental crocodile"

  ··

  In the trading room of the Black Shirt Group Center, Wang Guanxi and others are very excited.

   "The stock price of HSBC has also fallen very strongly."

   "Yes, there is a lot of money floating on the book"

  "This Indian overseas bank has become a silly dog ​​at a loss"

   "I made a profit, haha."

  "I hope Indians will continue to hold on"

  (End of this chapter)