Rebirth of the Financial Crisis Sweeping the World

  Chapter 5: Plan to become a rich man! Open an account for a securities company!

  After lunch at noon, Wang Guanxi leaned on the head of the bed, wondering how to get the principal of the first pot of gold.

  He is currently in Form 5, Hong Kong's Form 5 is equivalent to the mainland's second year.

  His parents will give him living expenses every month, and he has the habit of saving money.

  He would put all the coins and banknotes under his sheets.

  He immediately turned it out, put all the banknotes and coins on the bed, and counted them, totaling 3,215 Hong Kong dollars.

   "Too little, what can I do?"

  "3215 Hong Kong dollars, nothing can be done."

  Wang Guanxi leaned on the pillow, his eyes a little blank, he has many inherent advantages, such as good projects that make big money, and many world political and economic events.

  But a clever woman can't afford to cook without rice, he has no money now.

  It feels like seeing golden mountains in the desert, but you are empty-handed at this time and you don’t have any tools to transport it away.

"Now is the time when the subprime mortgage crisis broke out in the United States. Six months later, in mid-September 2008, the financial turmoil will sweep the world, stock markets will collapse, countless companies will go bankrupt, and house prices will plummet. Great opportunity for physical assets!"

   "I clearly remember that the Hang Seng Index began to plummet from mid-September 10th, and on October 31st, it plummeted from 20,768 points to 10,676 points, a drop of more than 10,000 points."

  It is very exciting to think of Wang Guanxi here, because the subprime mortgage crisis in the United States triggered a financial tsunami, the global stock market plummeted, and the Hang Seng Index and the Shanghai Composite Index fell horribly.

  He can go short the Hong Kong Hang Seng Index.

   "If you short 1 lot of the Hang Seng Index, for every point it fluctuates, it will be a profit or loss of 50 Hong Kong dollars. If it is 10,000 points, it will be a profit of 500,000 Hong Kong dollars."

  “If you short 10,000 lots of the Hang Seng Index, you can make 5 billion Hong Kong dollars”

  Wang Guanxi was so excited to think of this, he held the sheet tightly, and almost tore it to pieces.

  Any investment is better than making a financial investment, making money is simple, fast, and profitable.

  But shorting one lot of the Hang Seng Index, under the condition of ten times leverage, requires 100,000 margin, and shorting 10,000 lots requires 1 billion Hong Kong dollars.

  If the leverage is 100 times, if you short a lot, that is, 10,000 margin, short 10,000 lots, you need 100 million Hong Kong dollars, get 200 million Hong Kong dollars, half position operation.

  "It is March 1st, and there are more than 6 months left."

  "In this life, I will not start my own business and become an entity. I want those entrepreneurs to make money for me!"

  In his previous life, he started a business in Shenzhen, engaged in the semiconductor industry. According to the slogan shouted by mainstream entrepreneurs in Shenzhen, the company went public for three years.

But how difficult it is to start a business. He is greedy for the dark and exhausted. He doesn't want to start a business in his life. What he has to do is to cultivate entrepreneurs, let the entrepreneurs work for themselves, make money for themselves, and transfer them Be your own agent at the front desk, become a major shareholder yourself, and be a bigwig behind the scenes.

  He knows a lot of investment projects, and he also knows a lot of outstanding entrepreneurs.

  I eat, drink and have fun every day, travel around the mountains and play in the water, pick up girls, and enjoy life, so that these outstanding entrepreneurs can manage the company well.

  He Wang Guanxi stays behind the scenes and manages the chairman.

  The chairman is really awesome, but only the chairman can understand how awesome BOSS is.

   "Look at these 6 months, how much money I can get"

  According to memory, after counting the time, Wang Guanxi remembered that there was a stock that seemed to skyrocket.

   "I remember that there is a Hong Kong stock, which seems to have risen 4 times in the last half month"

  "This is simply lying down to make money, first go to the securities company to open an account, and then borrow some money to go stocks"

  Just do it.

  Leaving home, came to Wing Hang Securities Company in Central. This Wing Hang Securities Company is a company under Wing Hang Bank.

  Wing Hang Bank is a family bank in Hong Kong. It was hit hard by the subprime mortgage crisis. After lingering for a few years, it was acquired by Singapore’s Overseas Chinese Bank.

  The global financial crisis triggered by the subprime mortgage crisis hit Hong Kong as an international financial center. Many financial institutions went bankrupt and many local banks in Hong Kong were acquired.

   "Hello, pretty boy"

  "Is it here to open a stock account?" A young man about 23 years old came over.

  His name is Huang Haifei, because he is a new employee, customer investment consultant, for the sake of performance, he will not miss any customer.

  Even if this client is very young and has no money, it can be nurtured. In case the small client grows up, he becomes rich.

  What's more, the company has demographic requirements. How many customers are required to open accounts each month.

   "Well, yes, I plan to open a stock account." Wang Guanxi looked at the work card on his chest and learned his name.

  Huang Haifei smiled enthusiastically: "Okay, please follow me"

  "My name is Huang Haifei, I am glad to serve you"

  "What do you call the pretty boy?"

  Wang Guanxi: "My name is Wang Guanxi"

   "Guanxi??" Huang Haifei suddenly thought of his idol, he is very hot now.

  Wang Guanxi nodded: "Well, yeah, what's wrong?"

   "Uh, it's okay, I'll take you to open an account"

  Soon a stock account was opened.

  At this time, Wang Guanxi asked again: "Mr. Huang, can your Yongheng Securities Company allocate capital?"

  Huang Haifei: "Mr. Wang, how many times do you want to allocate?"

  Wang Guanxi: "How many times the capital can be allocated?"

  Huang Haifei thought for a moment: "It can be equipped with 6 times."

  Wang Guanxi asked: "Can I allocate 10 times the capital?"

   "Huh? 10 times?" Huang Haifei was stunned. It is indeed possible to allocate 10 times the capital, but there are capital restrictions, not too much.

  "Mr. Wang, there are restrictions on our funds."

  "Excuse me, how much money can you provide to allocate funds?"

  Wang Guanxi asked: "How much is the capital limit? Tell me about it"

  Huang Haifei: "Above 30,000 to less than 100,000, you can provide you with 10 times leverage"

"For example, you provide 30,000 funds as a risk deposit to our securities company, and then we give you a 300,000 stock account for you to operate, but you can only lose 7% to 9%, which is a maximum loss of 27,000 Hong Kong dollars. ."

  Wang Guanxi: "Okay, I'll go to collect the money first, and then I will come to you"

   "OK, no problem"

   "Go slowly, Mr. Wang"

  Huang Haifei looked at Wang Guanxi’s departure from the back, feeling a little disappointed. It turned out that this little customer had no money, so he went to pool money to stock stocks.

  If this kid loses money, what should the parents do when the time comes?

  As soon as I complained to him, it was bad.

  Maybe this kid will go back and steal money from his parents to buy stocks!

  When he was a child, he stole money from his parents to buy stocks, and then said that the stock clerk instigated him. As a result, which stock clerk was complained by his parents and was fired by the securities company.

  Now my own retribution is also coming?

  If Wang Guanxi steals money to invest in stocks, it is absolutely unacceptable. He will definitely be complained by Wang Guanxi’s parents at that time.

   Thinking of this, Huang Haifei hurriedly chased it out, but Wang Guanxi didn't know where he was going.

   "Oh, this guy slipped so fast"

   "He won't go back to steal money and trade stocks, right?"

  On the way back home.

  Wang Guanxi fell into deep thought.

   "The threshold of 30,000 funds, I am only more than 3,000 Hong Kong dollars now, the funding loopholes are too big"

Of course, he does not need to allocate capital for stock trading. Of course, he earns very little money. If he allocates capital for stock trading, he only needs to pay a risk deposit of 30,000 to Wing Hang Securities Company, then Wing Hang Securities Company will give him a stock account of 300,000 yuan. The money he makes is his, and he only needs to pay interest during the period.

  Only HK$30,000, where did he get it?

  (End of this chapter)