Rebirth of the Financial Crisis Sweeping the World

  Chapter 430 430 Three billion dollars in small money! Sweep 200 million shares!

  Time goes by every minute and every second.

  A large number of investors were selling Citibank’s stock. Soon Citibank’s stock price fell from US$18 to US$14 per share.

  Looking at Citibank’s stock price falling back again, Wang Guanxi was very satisfied and said: “This Citibank stock has been abandoned by investors in the market”

  First, Citibank has $300 billion in non-performing assets and will continue to lose money in the future.

  Second, Citibank stopped paying dividends on common stock and preferred stock, and paid the senior preferred stock of the US government.

  Investors in the market are now frantically selling Citibank’s stock, indicating that they have no confidence in it.

  You need to know that many financial institutions, especially those large asset management companies, have suffered big losses on Fannie Mae, Freddie Mac, and AIG.

  Because these three companies were invested by the U.S. Treasury Department, their stock prices almost fell into shit.

  The fate of Citibank has become more and more similar.

  Everyone was very panicked, but Wang Guanxi was not panicked. He was waiting to buy Citibank stock.

  At this time, Wu Zhanhai asked: “BOSS, Citibank’s stock price has fallen back to $14 per share. Are we going to start hunting?”

  Wu Hongsheng also said: "Now at 14.00, do we want to buy some?"

  Li Guangyu: “Now Citibank’s stock price seems to be temporarily supported. I don’t know if Soros and others are closing the position?”

  Soros, Feld, Milus Messi and others have shorted Citibank. If it is a short-term short, it may be closed now. Short closing equals buying.

  Maybe Soros and others are slowly closing their positions, allowing Citibank’s stock price to be temporarily supported at 14.00.

  Wang Guanxi pondered for a moment: “Don’t worry for now, keep waiting!”

  Time slowly passed, and soon 15 minutes passed, and Citibank’s stock price fell again by $1 to $13 per share, which was once again supported.

  Lu Jianyan: "I don't know if Soros and others are slowly closing their positions?"

  Guan Zhenyi: "Perhaps, as long as it doesn't affect our bargain hunting!"

  Lin Jiyang also said: “Follow them, anyway, Citibank’s stock price is still falling. When it drops to $10 per share, we may be able to buy bottoms.”

  Wang Guanxi nodded: "Well, wait for Citibank's stock price to drop to $10 per share and start bargaining, buy 200 million shares."

  Currently, the No. 2 Fund has 6.6 billion U.S. dollars in funds to buy 200 million shares.

  While Citibank’s total equity is just over 2 billion shares, Wang Guanxi’s No. 2 Fund holds 10% of Citibank’s shares.

  After all, Citibank is not a big bank he can control, but a bank under the Citi Consortium. The control is still in the hands of the Citi Consortium, and he will not hold too many shares.

  For companies that are not under their control, the shareholding ratio should be between 5% and 20%.

  At this time, the phone rang. It was Nehru from the Indian Private Pension Fund. Wang Guanxi connected and asked, "Nehru, what's the matter?"

  Wang Guanxi has closed the short list of 60 million shares of Citibank and returned 10 million shares to the Indian private pension. What did Nehru call for?

  Is it selling stocks?

  Before the stock market opened, Nehru wanted to settle Citibank’s shares with him at a market price of $25 per share. Fortunately, Wang Guanxi did not agree.

  At that time, Wang Guanxi said on the phone that the settlement would be at a price of $12.5 per share, but Nehru did not agree.

  Now Citibank’s stock price has fallen to $13 per share.

  Nehru certainly doesn’t want to sell Citibank’s stock in the market. He wants to sell directly to himself, right?

  Thinking of this, Wang Guanxi said again: "Nehru, if you want to sell Citibank stock, the price will be $10 per share."

  Nehru immediately cursed Wang Guanxi in his heart, and still asked bitterly: "Mr. Wang, the market price is now $13 per share, you just give me the price of $10 per share?"

  "I might as well just dump it on the market myself!"

  At present, the Indian private pension still holds 10 million shares of Citibank, which he wants to sell, but now Citibank’s stock is very fragile and will continue to plummet at any time, so he thought of Wang Guanxi.

  Wang Guanxi bought the HSBC Bank before, and I heard that he spent 40 billion Hong Kong dollars.

  This time, after Wang Guanxi closed the short list of Citibank, he may buy the stock of Citibank, so he plans to sell these 10 million shares directly to Wang Guanxi at a certain price.

  At this time, Wang Guanxi smiled and said: "Nehru, the share price of Citibank will fall in the future, so it will be 11 dollars per share."

   Nehru: "11 dollars per share? Too low, I might as well sell on the market!"

   Then he said: "You have made so much money on Citibank, and you still care about 20 million U.S. dollars?"

  He calculated it carefully. This time, Wang Guanxi made at least more than 2.5 billion U.S. dollars on Citibank.

  At this time, Wang Guanxi on the phone smiled and said, “I didn’t make much money. To be honest, I just made 3 billion U.S. dollars on Citibank. Small money, really not much!”

   "What? A small amount of money? Three billion dollars is not much?" Nehru gaped and asked, did he misheard him?

  Wang Guanxi asked faintly: "Nehru, do you think 3 billion dollars is still a lot?"

   "Huh?" Nehru was hit by a heavy hammer in his heart, and he was very uncomfortable!

  Now Wang Guanxi is pretending to be X in front of him, which is simply humiliating him. His contemptuous tone is like a sledgehammer hitting his chest, which is very uncomfortable.

  But he naturally wouldn’t reduce his compulsion, so he forced X against his will and said: “Mr. Wang, 3 billion dollars, it’s really not that much. When I used to play for money, I often played with billions of dollars.”

  Wang Guanxi immediately said: "Mr. Nehru, then you still care about the 20 million drizzle?"

   Nehru was immediately furious, and asked, "Is that $1.2 billion per share?"

  Wang Guanxi: "Well, it's only $12 per share!"

  So Wang Guanxi called Ma Tsai in Hong Kong and asked him to arrange a lawyer to go to the office of the Indian private pension.

  While Citibank’s stock price is still falling, it has fallen to $12.00 per share.

  Nehru called and said, “Wang Guanxi, you have won this time, but Citibank’s stock price will fall below US$10 in the future, and it is possible to fall to US$5. You can buy the bottom slowly.”

  This time, India’s private pensions lost a total of US$840 million on Citibank, which is a miserable loss.

Now Wang Guanxi wants to buy Citibank. He is happy that Citibank’s stock price has been falling. The long-term downturn is best. If Wang Guanxi’s funds are put on Citibank, then Wang Guanxi has no excess liquid funds to support Ford Motor Company. The West Department Store.

  He was waiting for Wang Guanxi’s Ford Motor Company and Macy’s to go bankrupt.

  "Ten million people were bargaining at HSBC, Citibank, and then entangled with a large amount of money. Then Ford Motor Company, Macy's, Huntington Bank, Fifth Third Bank, and Silicon Valley Bank all went bankrupt!"

  Wang Guanxi smiled and said: "Nehru, you still worry about yourself, you have lost so much money, you should get out of the Indian private pension."

Nehru laughed and said, "You underestimated me. I told you that I was shorting the Hang Seng Index during this period of time. I recovered a lot of losses. This is just a small setback. Don't be proud. In fact, you short Citigroup this time. The bank’s success is only because the economic crisis has intensified. Wait, we will have more opportunities to fight in the future!"

  Wang Guanxi chuckled: "You are just a grass bandit. If you meet me, you will be invincible!"

   Nehru responded: "Okay, let me see when you can be awesome, or that sentence, don’t brag about it, if you are proud and complacent, you will overturn."

  After finishing the call, Wang Guanxi shook his head, "This guy is a second-hand."

   Then he set his sights on the stock price chart of Citibank.

   Wu Zhanhai asked: "BOSS, do you want to start buying slowly now?"

  Wang Guanxi thought for a while: "Don’t worry, let it continue to fall."

  This Citibank’s stock price will not be so easy to stop the decline, he thinks it should be able to fall to 10 US dollars per share, or even below 10 US dollars per share.

  "The stock price of our large purchase of Citibank must have risen sharply, as long as we put the average price of opening a position near $12.00 per share."

Wu Hongsheng said with excitement: "BOSS, the previous Indian private pension fund sold us 10 million shares at a price of 12 US dollars per share. I don’t know if Sundeep Batra of the Indian Industrial Trust and Investment Bank will fight. Selling stocks on the phone?"

  Wang Guanxi smiled and said, "I don’t know if Sundeep Batra’s position will be closed directly in the market."

  Wu Hongsheng: "BOSS, the share price of Citibank is very fragile. I wonder if he will choose to sell Citibank stock in the market for a while."

  Li Guangyu smiled and said: “This Sundup Bartra blocked us from shorting Citibank last year. At that time, Citibank’s stock price was still more than $200 per share, and now their accounts have lost more than 90%.”

Wang Guanxi smiled: "The fool, Sundeep Batra, came to stop us when we shorted Citibank for the first time, and then when we shorted Citibank for the second time, he also lent us the stock price. Now Citibank The bank’s stock price has fallen by more than 95%. This man has already lost money. I hope he will not call and beg to sell the stock.”

  At this time, the phone rang, and it seemed that Sundeep Batra was calling and connected.

  Wang Guanxi asked jokingly: "Mr. Sundup Batra, my friend, are you also here to sell stocks?"

  Sundep Batra: "Yes, I still have 12 million shares of Citibank in my hand, I want to sell it to you"

  Wang Guanxi: “This Citibank’s stock price will fall below 10 US dollars per share in the future, all the way down to 5 US dollars per share. For the sake of our friends, I will give you the price of 10 US dollars per share.”

  Sundep Batra was furious and asked, “Wang Guanxi, didn’t you give Nehru the price of $12 per share before?”

Wang Guanxi said, “That’s what happened just now. Now Citibank’s stock price has fallen to $12 per share. Sundeep Bartra, my friend, take a good look at Citibank’s current stock price. How fragile, if financial institutions continue to sell stocks, Citibank’s stock price will soon fall below $10 per share. I will give you a price of $10 per share, which is already very generous. Don’t be too greedy. !"

  Sundep Batra resolutely said: “Just at the market price of $12 per share, if you don’t want it, then I will sell it on the market.”

  Wang Guanxi smiled and said, “That’s good. If you sell Citibank’s stock and make the stock price fall sharply, I’m just going to buy the bottom.”

   "Sell it now, my friend!"

  Sundep Bartra was immediately annoyed. He asked Wang Guanxi to sell stocks in order to lose tens of millions of dollars as little as possible.

  Following Citibank’s stock price will definitely continue to fall.

  He has to sell these stocks today.

  Looking for Wang Guanxi, I didn’t expect this guy to kill him and sell him in the market, causing the fragile Citibank stock price to continue to fall, and then Wang Guanxi entered the market to buy the bottom. This Chinese miscellaneous, really horrible!

   Then he said: "Wang Guanxi, only 12 US dollars per share, you are not the one who lacks this little money."

Wang Guanxi: "It's still 10 dollars per share. This is not a question of lack of money or money, but I treat you as a friend and give you the price of 10 dollars per share. You are too greedy and want to cheat me for money. I am disappointed, you beg me, maybe I will agree."

Sundeep Batra was almost killed by Wang Guanxi, his chest ups and downs, he took a deep breath, and then said: "Wang Guanxi, I am not here to beg you for stocks, just the market price, do you want it? ?"

  Wang Guanxi: "It's still 10 dollars per share!"

  Sundep Batra was very angry and said: "Very well, forget it."

  Wang Guanxi smiled and said: "I also made a small profit of 3 billion US dollars this time, which is really good."

  Thunderpu Bartra suddenly became jealous.

   Then he said: “Wang Guanxi, my dear friend, I wish your Ford Motor Company, Macy’s, Huntington Bank, Fifth Third Bank, and Silicon Valley Bank one more year.”

  "Ratan Tata, Nehru said that your Ford Motor Company will not live until July. I wish your Ford Motor Company will survive until March next year and then go bankrupt."

  "They also said that Ford Motor Company loses more than 10 billion U.S. dollars annually. I wish your Ford Motor Company only lose 9.9 billion U.S. dollars next year."

  Wang Guanxi smiled and said, "Wait and see."

   "Then wait and see." Sundeep Bartra ended the call, and then began to sell Citibank stock in the market.

  If you don’t sell today, Citibank’s share price will continue to fall, and it will fall even worse. It’s good to leave the market early.

  Citibank’s stock price fell all the way under his sell-off.

  In itself, Citibank’s stock price is very fragile. There are very few long positions in the market, and they dare not buy too much.

  And the bears are also waiting for the stock price to rise, and then they are ready to sell,

  Under Sundeep Batra’s sell-off, Citibank’s share price fell from $12 per share to $10 per share, and he stopped selling.

  It just sold 6 million shares, and there are 6 million shares left!

  But there is a lot of buying in the market, and many financial institutions continue to sell because of fear.

  Citibank’s stock price fell below $10 per share and dropped all the way to $9 per share.

  Huntington Bank, in the trading room, Wu Zhanhai asked: "BOSS, the share price of Citibank is really fragile. It has fallen below $10 per share to $9 per share!"

  Wu Hongsheng also excitedly said: "I thought there was a support position at $10 per share, but I didn't expect it to be so fragile!"

  Li Guangyu asked: "BOSS, do we want to buy now?"

  Wang Guanxi said: ‘Wait a minute, see if I can continue to fall.’

   "Yes, BOSS"

  Five minutes later, Citibank’s stock price rose by $1 and returned to $10 per share.

  Wang Guanxi shouted: "Wait, buy!"

  "Yes, BOSS" Then everyone started buying.

  1 million shares!

  1.2 million shares!

  800,000 shares!

  700,000 shares!

  1.3 million shares!

  ···

  Citibank’s stock price began to turn around and rise!

  10.52

  10.91

  11.01

  11.45

  11.98

  12.25

  ··

   rose all the way to 14 US dollars per share, Wang Guanxi shouted: "Stop it!"

   So everyone stopped, and Wang Guanxi asked again: "How many ten thousand shares did you buy just now?"

   Wu Zhanhai: "We bought 40 million shares, plus the 10 million shares we bought from Indian private banks, and we hold a total of 50 million shares."

  Wang Guanxi nodded: "Well, when Citibank's stock price drops, we will continue to buy!"

   "Yes, BOSS!"

  Then Citibank’s stock price did not stabilize at 14.00 and began to fall, and Sundeep Batra of the Indian Industrial Trust and Investment Bank was also selling.

  Citibank’s stock price fell from $14 per share to $12 per share.

  This time, the Indian Industrial Trust and Investment Bank lost a total of US$1.38 billion.

   "Wang Guanxi, you Chinese clerk wait for me!"

  This time lost 1.38 billion U.S. dollars. Sundeep Bartra felt very heartbroken. Then he opened the Hang Seng Index chart and took a closer look. It seemed that he shorted the Hang Seng Index, hoping that the Hang Seng Index would open sharply tomorrow.

   "This time I have to make all the money I lost!"

  He took a deep breath: “It’s time to close the shares of Citibank. He was scammed by the Persian Gulf stock god, but he also suffered a terrible loss!”

  ··

  At this moment, on a yacht in Repulse Bay, Hong Kong.

  Ratan Tata happened to have the Saudi prince Alwad, who is the **** of the Persian Gulf, drinking coffee, and the two looked sad.

  Citibank, Wells Fargo, Bank of America...A series of financial and banking stocks are falling tonight.

  Among them, Citibank’s stock price fell the hardest, while Wells Fargo’s stock price also fell a lot.

Although the Tata Consortium does not hold shares of Citibank, it holds shares of 50 million Wells Fargo, with a position of 23 US dollars per share, which is tightly tied.

  Ratan Tata said: "Citibank’s stock price has fallen really badly tonight, Alvard, what do you plan to do? Do you still continue to hold Citibank’s stock?"

  Alvard applied in a daze and said: "I don’t know the most, it’s annoying. The share price of Citibank has fallen into shit."

  He holds 150 million shares of Citibank, with a floating loss of 38 US dollars per share, and his book loss is as high as 5.7 billion US dollars. The loss is terrible.

  Ratan Tata sighed; “The economic crisis is still serious. Now Citibank has 300 billion U.S. dollars in non-performing assets, and there will be no dividends in the future. Many financial institutions and investors are selling Citibank’s stock.”

  Alvard: "I'm really not reconciled. I have invested in Citibank stocks for so many years. Now Citibank's stock price has fallen like this. If it were not for the US government to inject 45 billion US dollars in capital, Citibank would be dead."

Ratan Tata said: "The financial crisis is too serious and it has had a huge impact on Citibank. Now everyone is selling stocks, Nehru from India’s private pension fund, and Sampud Bartra from India’s Industrial Trust and Investment Bank. All sold Citibank stock to Wang Guanxi"

  Alvard: “I don’t plan to sell Citibank’s stock yet. I will continue to fight it and see it in ten years!”

  At this time, his call came from the Middle East!

After listening to the report from the person on the phone, Alwad sweated heavily on his forehead. He hurriedly said, "Ratan Tata, at what price did the Indian private pension Nehru sell the shares of Citibank? "

  "I need money now, my company in the Middle East has a big problem"

  Now that he regrets in his heart, Wang Guanxi had pledged 15% of the shares of Fuji Xun Group to him before. He was very happy at that time and planned to hit Wang Guanxi on Citibank.

  I didn't expect that the chrysanthemums were all broken.

  There was a loss of US$5.7 billion on the book. Now he dare not liquidate his position, for fear of Citibank’s stock price plummeting further.

  Ratan Tata said: "Nehru and Wang Guanxi sold at a price of $12 per share."

  Alvard immediately said: "I am going to sell the shares of Citibank."

  "Isn't Wang Guanxi looking at Citibank?"

   "I will sell it to him now!"

  "It is the current market price, $12 per share!"

  Ratan Tatadang was about to call Alvard and said: "Talk to Wang Guanxi yourself."

   "Okay!" Alvard immediately called Wang Guanxi, and the call was quickly connected.

  Wang Guanxi did not expect that the Persian Gulf stock **** would call himself and asked: "Prince Alwad, what are you looking for?"

  Alvard asked: "You want to buy shares of Citibank now, right?"

  Wang Guanxi nodded: "Yes, do you plan to sell your Citibank stock?"

   "I remember you could say that you would never sell Citibank stock!"

  Alvard was immediately ashamed, and said quickly: "I want to sell the 150 million shares of Citibank in my hand. Are you interested in buying it?"

  Wang Guanxi was taken aback for a moment: "So you haven't evened a share, this can be a big loss."

  Alvard felt uncomfortable and said, "Do you want to?"

  Wang Guanxi said: "If you want, but the price!"

  Alvard: "14 dollars per share, all sold to you!"

  Wang Guanxi: "I will buy it all for $12 per share. You have to know that Citibank’s stock price will continue to fall sharply in the future."

  Alvard: "No, if you buy so many Citibank stocks in the market, the share price of Citibank will rise a lot. $12 is too low, and $13 per share is my bottom line!"

  Wang Guanxi immediately said: "If you don't accept the counter-offer, it will be 12 dollars per share!"

  Alvard struggled for a long time: "You won!"

  So everyone sent a lawyer to sign the contract with a loan, and the No. 2 Fund bought 150 million shares of Citibank in Alvard's hand, spending 1.8 billion US dollars.

  Now the No. 2 Fund holds a total of 200 million shares of Citibank, occupying 10% of the shares.

  The purchase of 200 million shares this time spent a total of US$2.4 billion. There is still US$4.2 billion left in the No. 2 Fund.

  The opening position of these 200 million shares of Citibank is at $12 per share.

  After the deal was concluded, Citibank’s stock price was still falling, falling all the way to $10 per share, with a temporary loss of $400 million on the book.

  Wells Fargo’s stock price is also falling.

   Wu Zhanhai asked: "Boss, are we going to start closing the shares of Wells Fargo?"

  (End of this chapter)