Rebirth of the Financial Crisis Sweeping the World

  Chapter 49 49 Earn $500 million to cover four-year losses

  Hong Kong, after lunch, Wang Guanxi continued to stare at current affairs news. He didn't even bother to take art classes.

   has been staring at the news, hoping to hear the news that Hume Bank’s $3 billion loan was rejected, but no.

  Hume Bank’s stock price did not plummet and remained stable at $80 per share.

Because Jin Yong International has short positions in Hume Bank's stocks, and Wang Guanxi has long positions in Jin Yong International's stocks, as long as Hume Bank's stocks fall to nothing, then Jin Yong International will make a lot of money, Jin Yong International The stock will continue to skyrocket afterwards!

  Excitedly waiting.

  Time passed in a flash.

  On the Hong Kong stock market, Jinyong International’s stock price fluctuated between 0.6 yuan per share and 0.7 yuan per share in the afternoon trading, and finally closed at 0.7 yuan per share.

  “It seems that someone is following to buy shares of Jinyong International”

   "I must have also seen the news of Hume Bank seeking an emergency loan of 3 billion US dollars."

  “This must be the major shareholder of Jinyong International”

  At this moment, Jin Yong International Chairman's Office, Chairman Jin Yong, at lunchtime, saw Hume Bank seeking a loan of 3 billion US dollars, suddenly very happy.

  He used leverage to short the shares of Hume Bank, and he has been fighting with the shareholders of Hume Bank.

  Now Hume Bank can’t hold it anymore, seeking an emergency loan of 3 billion US dollars, it seems that it has been run on.

  Once Hume Bank’s US$3 billion emergency loan is rejected, then Hume Bank’s stock price will plummet, and they will make a lot of money by shorting Hume Bank’s stock.

   will be announced at that time, Jin Yong International’s stock will also skyrocket, and his worth will also rise a lot.

  But what puzzles him is that this morning, an institution bought the shares of Jinyong International frantically, and the stock price soared from 0.3 yuan per share to 0.7 yuan per share, which made him very curious.

  It should be a shareholder of Jinyong International. That shareholder must have known that Hume Bank is going to go bankrupt?

Who on earth is it?

Is    Shu Huadong, the third largest shareholder?

   Then he called Shu Huadong, specifically inquiring about this matter.

  Jin Yong: "Lao Shu, you have increased your holdings of the company's stock crazy"

  Shu Huadong: "I didn’t do it, I don’t know who it is."

  Jin Yong: "Forget it, this is a good thing. Under the situation of miserable performance, the market value has risen so much, which is also a good thing."

  So the two chatted.

  Jin Yong told Shu Huadong about the Hume Bank’s application for an emergency loan of 3 billion U.S. dollars, and it is likely to be rejected.

  Shu Huadong listened to that excitement.

  Hume Bank is estimated to be over, and the stock price will inevitably fall. At that time, Jin Yong International, which uses leverage to short Hume Bank shares, will make a lot of money. Afterwards, Jin Yong International’s stock price will also skyrocket a lot.

  He regrets that he did not promise Qian Qingjun last night to purchase the 50 million shares of Jinyong International at the market price of 0.32 yuan per share!

  ···

  At this moment Qianyuan Stock Fund.

  Qian Qingjun watched Jinyong International’s share price surge from 0.30 yuan per share to 0.70 yuan per share today, an increase of 133%.

   "It's great, have you finally used your strength?"

   "Which institution is buying crazy?"

  He was very excited in his heart, entangled in whether he should start selling the stock tomorrow. If he sells wildly, without enough takers, the stock price will definitely fall sharply.

  Let's wait and see, if the stock price rushes to the position of 1 yuan per share, he will not lose much of the 50 million shares he holds.

Before, he bought these 50 million shares at a price of 1 yuan per share. When the stock price reaches 1 yuan per share, he slowly sells the stock, which may cause the stock price to fall sharply, but it will not lose a lot. Money.

  At this time, his phone rang, and it was Shu Huadong who called, saying that he planned to buy the 50 million shares in his hand at a price of 0.5 yuan per share, but Qian Qingjun refused to agree.

   "Lao Shu, the stock price will soon rise to 1 yuan per share, and I can ship slowly when that time comes."

  "How could I still sell it to you for 0.5 yuan per share?"

   chatted a few words and ended the call.

  At this moment, Jin Yong International Company, Shu Huadong regretted it.

  Before, he heard from Chairman Jin Yong that Jin Yong International was shorting the stock of a U.S. bank.

  At 9 o'clock this evening, the bank suffered heavy losses, bond prices plummeted, and their accounts made a lot of money.

  It will be announced the day after tomorrow, and Jinyong International will skyrocket.

  Hateful thing, today someone actually bought the stock of Jinyong International in advance today!

  It's not him, it's not the chairman, it must be another shareholder!

  Thinking about it, he continued to call Qian Qingjun to negotiate.

  Finally finalized.

At a price of 0.7 yuan per share, I bought the 50 million shares in Qian Qingjun's hand, worth 35 million Hong Kong dollars.

   Soon the two signed a contract in the evening, and he was happy to pay 35 million Hong Kong dollars to Qian Qingjun.

  "Old Shu, thank you." Qian Qingjun did not know that Hume Bank applied for an emergency loan of 3 billion U.S. dollars, let alone Jin Yong International shorted Hume Bank.

  Shu Huadong: "Haha, old money, everyone has known each other for so many years, I think I can help or help, and I am also optimistic about the follow-up trend of Jinyong International's stocks"

  ···

  The US stock market opens at night.

  The stock price of Hume Bank in Missouri plummeted, plummeting, from $80 per share to $40 per share.

  The news said that it was run by customers, with a large amount of working capital, and the loan went out but couldn't get it back. The bank encountered an unprecedented crisis, and the US$3 billion emergency loan had been rejected.

  Wang Guanxi saw this scene, and his joy broke.

  He knew that Jin Yong, the chairman of Jinyong International, had long used leverage to short the shares of Hume Bank. He kept stumbling, and finally waited for this day.

  It seems that Jinyong International Company has made 500 million US dollars this time, which makes Jinyong International Company's stock soar!

  Wang Guanxi bought the shares of Jinyong International Co., Ltd., which will make a lot of money.

   just waited to collect the money.

  At this moment, Jin Yong International Company, in the office, Jin Yong, Shu Huadong and others saw the stock price of Hume Bank some thousands of miles away, and they suddenly lost their joy.

  Their company makes a lot of money!

  The next day, Hume Bank was run on again, the cash flow was drained by customers, and it was on the verge of bankruptcy.

  Stock price plummeted by 80%

   fell from US$40 per share to US$8 per share.

  Their Jinyong International Company also closed its position and made 500 million US dollars, which is 3.85 billion Hong Kong dollars, which made up for the losses of the past four years!

  Make a big profit!

   "I will announce the news immediately that the company has filled up its four-year losses"

   "Haha!"

   "Tomorrow, our company's stock price will skyrocket!"

  Everyone is very excited. Jinyong International has made 500 million US dollars this time. In addition, the stock price of Jinyong International will soar, and their worth will double.

  (End of this chapter)