Rebirth of the Financial Crisis Sweeping the World

  Chapter 57 57, an investment prodigy that is 1666 times over

  After drinking a cup of tea, the profit is settled.

  In this operation, after deducting interest, commissions, handling fees, and intermediary fees, Wang Guanxi made a net profit of HK$17.3 million!

  The net value of the account is as high as 50.3 million Hong Kong dollars.

   Worth over 50 million Hong Kong dollars!

  It was so cool in his heart.

  Wang Guanxi immediately withdrew 300,000 Hong Kong dollars to the bank card as pocket money.

  "Drink tea"

  "Okay, replace wine with tea, happy cooperation"

  At this time, Feng Shaokun’s phone rang, and it was Wu Zhanhai from Wing Lung Securities.

  This Wing Lung Securities Company and their Wing Hang Securities Company are competitors, and Wing Lung Bank and Wing Hang Bank are also competitors.

  Why Wing Lung Securities Company is willing to lend stocks to Wing Hang Securities Company to make Wang Guanxi short?

  Naturally, I made money because you lost money.

  So it’s most normal for brokers to lend stocks to competitors’ customers to bet against each other.

  However, Wing Hang Securities Co. was fortunate not to bet against Wang Guanxi, but to act as a middleman, letting Wang Guanxi and Wing Lung Securities to bet against each other.

  "Wu Zhanhai from Wing Lung Securities called me." Feng Shaokun said with some gloat: "Hey, it seems that Wing Lung Securities lost a lot of money this time."

   "Call now, it's nothing good"

  When he asked Wu Zhanhai of Wing Lung Securities to borrow stocks, the other party was very happy, as if he had decided Wing Hang Securities’ customer Wang Guanxi, but he did not expect Wing Lung Securities to lose money this time.

  Last time, Tianye Liushui Company did not talk about it. After all, the market value is small, and it only borrowed 1.5 million shares, and it did not lose much money. But this time, Hengda Motors is different, and Wing Lung Securities is really losing money.

  Wang Guanxi smiled: "Come on, see what he said."

   "Okay, let me see what Wu Zhanhai said" Feng Shaokun answered the phone with a smile.

  Wu Zhanhai said on the phone: "Shaokun, are you free tonight? Come out for a drink"

  Feng Shaokun smiled and said, "Brother Wu, please speak directly."

   Wu Zhanhai said straightforwardly: “I plan to sell 67 million shares of Hengda Motors. I wonder if your Wing Hang Securities Company is interested in taking over?”

  Wing Lung Securities holds 67 million shares of Hengda Auto. Yesterday’s stock price was 1.3 yuan per share, valued

Today, Hengda Motor’s shares have fallen by as much as 69%, and their Wing Lung Securities Company has lost 53 million Hong Kong dollars. He feels that this is just the beginning and will fall even more miserably in the future. In addition, Wing Lung Securities has recently encountered difficulties, so I want to sell these 67 million shares of Hengda Auto and cash out a cash. I don’t know if Wing Hang Securities is interested.

   Then Wu Zhanhai continued: "Brother Shaokun, if the price is concerned, please discuss."

  Feng Shaokun thinks that the stock price of Hengda Auto is only temporary. After all, Hengda Auto is backed by the mainland giant Hengda Group!

   So he asked: "Brother Wu, how much is the price??"

  Wu Zhanhai thought for a while: "How about the market price? Now its stock price is 0.4 yuan per share, so you can pay 27 million yuan."

He also had no choice, so he planned to sell the stock of Hengda Auto. This Hengda Auto is backed by the mainland giant Hengda Group. The stock price will definitely rise back in the future, but he does not know how many years later, his Wing Lung Securities Company will encounter difficulties. , Lack of liquid cash, need to sell some assets.

  Feng Shaokun was about to agree, but Wang Guanxi glanced at it, so he spoke to the phone and said, “Brother Wu, I’ll think about it and I’ll give you an answer later”

   "OK"

  Ending the call, Feng Shaokun asked: "Mr. Wang, do you think I should take over the 67 million shares of Hengda Auto from Wu Zhanhai?"

  Wang Guanxi thought for a while: “That’s something for the future, it’s not worth taking over now”

  In November, the share price of Hengda Automobile will fall to 0.10 yuan per share, and it will be in a long-term downturn. It will not rise until 14 years later.

  Buy now, it's not worth it.

  Feng Shaokun thought for a while: "To be honest, I am optimistic about Hengda Automobile after all. After all, I am backed by Hengda Group."

  Wang Guanxi smiled and said: “Mr. Feng, listen to me, don’t buy it. The stock price of Hengda Motors will fall miserably, and it will rise in the future. It must be many years from now.”

  Feng Shaokun smiled and said: "Okay, I will listen to you, don’t buy it."

  Wang Guanxi is such a powerful investment genius, he feels that he still listens to Wang Guanxi’s advice.

   Then he replied to Wu Zhanhai, but he tactfully refused.

  Soon Wu Zhanhai called again, saying that he was asking him for tea and having a face-to-face meeting.

  After all, Wing Lung Securities Co. is very short of cash. Hengda Motors does not need stocks, and can sell other assets, such as equity in non-listed companies.

Feng Shaokun struggled.

  Wang Guanxi whispered: “Mr. Feng, let’s see what assets he wants to sell, and wait for dinner at Wenhua Restaurant”

  Feng Shaokun nodded, and then said to Wu Zhanhai on the phone: "Well, Brother Wu, at 7pm, we will have dinner together at Wenhua Restaurant."

  Wu Zhanhai was a little excited on the "OK" call.

  The call ended, Wang Guanxi and Feng Shaokun continued to drink tea.

  Feng Shaokun sighed: "The subprime mortgage crisis in the United States is getting worse."

   "I don’t know if it will affect Hong Kong’s financial and real estate markets."

  The US real estate market collapsed, but it only happened in the US. The Hong Kong stock market and housing prices are still very strong.

  "Many stocks have been falling recently"

  "Fortunately, the Hang Seng Index is still quite strong"

  Recently, the Hang Seng Index has risen from 21000 to 23100, which is 2100 points. He still has confidence in his heart.

  Wang Guanxi smiled and said: "Soon the subprime mortgage crisis will also affect Hong Kong's finance, real estate, and technology..."

  "Many technology suppliers have no more orders"

  "Many companies in the United States went bankrupt and closed down"

  Feng Shaokun smiled and said, "Yes, maybe the financial crisis is coming."

  He couldn't help but think of the 1997 Asian financial crisis, when their Feng family suffered a terrible loss.

  Many rich people have become negative ones.

   "During the Asian financial crisis, our Feng family was almost finished"

  Wang Guanxi smiled and said: “Every financial crisis is a redistribution of wealth. If this big economic bubble cannot be sustained, it will explode. People who leave before the instant noodles burst can make a fortune.”

  "Haha, yes" Feng Shaokun's eyes followed with high respect: "Mr. Wang, you made 50 million worth of 30,000 Hong Kong dollars in just a few months, which is 1666 times higher. You are really an investment prodigy."

  Wang Guanxi said lightly: "It's just luck, nothing."

  Feng Shaokun immediately poured the tea, handed it over, and smiled: "Mr. Wang, Buffett was far inferior to you when he was young. I am Feng Shaokun, although the investment is not good, but people are very accurate, and you will definitely be the richest man in the world in the future."

  Wang Guanxi sounded very comfortable inside.

   "Haha, thank you Mizan"

   took the tea and drank it.

  (End of this chapter)