Rebirth of the Financial Crisis Sweeping the World

Chapter 153: 153 The Soaring Life Happiness Index!

Wang Guanxi couldn't help but said to himself: "Today, the stock prices of China Resources Beer and China Resources Gas have fallen very badly."

"cool"

"Waiting to collect the money."

As for the AIA Insurance Company, Harrison stood in the trading room and watched the stock of China Resources Beer fall to 20.00, so he ordered: "In the afternoon, if the stock price rises, sell it tomorrow."

"Yes, Mr. Harrison," the assistant quickly ordered to the traders in charge of stocks.

As for HSBC Trust Company, Jiang Quangang ordered: "In the afternoon, start increasing your holdings."

"Yes, Mr. Jiang"

So after the market opened in the afternoon, the stock price started to rise again under the increased holdings of HSBC Trust Company.

21 yuan per share.

22 yuan per share.

During the period, many retail investors also flocked here, wanting a piece of the action!

The retail investors who bought the bottom here before also increased their positions one after another!

There is a lot of buying in the market.

Even traders from investment banks came in to do short-term trading.

Soon the stock price rushed to the 25.00 position again.

But it has not stopped yet, and continues to rise until it stops at 26.00.

However, traders in those investment banks sold their stocks after taking profits, and the stock price fell to 25.00 again.

Some retail investors who lacked confidence also left the market at a profit and sold their stocks.

At the last close, the stock price fell to the 24.00 position.

There is still a floating profit of 10 million Hong Kong dollars in Wang Guanxi's account.

But he knew that the share price of China Resources Beer would soon be unsustainable.

Tuesday, July 15th.

At 9:30 in the morning, Wang Guanxi got up.

The Hong Kong stock market does not open until 10 o'clock.

After washing up, I opened the refrigerator. There was nothing to eat, but there were two cans of Budweiser. I took out one can, then found some snacks, and drank beer while eating snacks.

Then came the big news.

This is a big acquisition.

【InBev to acquire Budweiser maker Anheuser-Busch for $52 billion】

InBev Group is the world's largest beer company,

It is also one of the largest beer producers in China, with 32 beer production plants with an annual production capacity of 3 million tons, ranking first among the five major provinces in China, with 200 brands under its name.

For example, Shuanglu, Xuejin, Jinlongquan, KK, Hongshiliang, Baisha, Jinling, Lulansha, Santai...

Basically, most of the well-known beer is the brand of this giant company.

InBev Group also holds 27% of Tsingtao Brewery shares, and will sell 19.9% ​​of the shares to Japan Benz Asahi Brewery Co., Ltd. in the future.

"When will my consortium have such a giant company?"

"An acquisition of tens of billions of dollars will come at every turn"

Wang Guanxi couldn't help but squeeze the Budweiser can in his hand.

The whole person is full of longing for the future.

He, Wang Guanxi, wants to build consortiums one by one to be the big boss behind the scenes of the world.

Although it is still far away, the outbreak of the global economic crisis will make him fat.

Acquire many high-quality properties at very low prices.

[Shenzhen housing prices fall by more than 40% and supply cut-off will bear lifetime debt]

"House prices have fallen so badly, after a while, I will take out a loan to buy a mansion."

Wang Guanxi happily drank beer, planning for the future.

···

At this moment, Jiang Quangang of HSBC International Trust Company is sitting on an office chair, eating a sandwich and drinking orange juice,

Shares of China Resources Beer, China Resources Gas, ICBC, HSBC, Standard Chartered Bank, and Sinopec all fell yesterday.

However, HSBC International Trust Co., Ltd. holds a lot of stocks in these companies and has lost a lot.

This is not a good sign.

This quarter, if there are too many losses, the superior may be the only one to ask.

To be honest, the listed companies he is optimistic about are all stable, strong, and have good prospects, but yesterday's stock price fell so much that it made him scratch his head.

At this time, the assistant asked cautiously: "Mr. Jiang, shall we continue to increase our holdings of China Resources Beer?"

Recently, they have been increasing their holdings of China Resources Beer, buying 500 million shares.

But yesterday there was a sudden massive sell-off, and the stock price was at a high level, so they didn't dare to be high-level receivers.

Jiang Quan just thought for a while, put down the juice and said: "No, give up, retreat to the 10.00 position. If the stock of China Resources Beer falls below the 10.00 position, we will increase our holdings."

There was always a sense of uneasiness in his heart, but he didn't know what went wrong.

Turned on current affairs news.

[Global credit crisis lurking losses of US$1.6 trillion]

This is a report released by the world's second largest hedge fund Bridgewater Associates (Bridgewater Fund) in the entire global investment community, saying that the estimated loss of the global banking system has reached 1.6 trillion US dollars.

Jiang Quangang couldn't help but gasped: "If what Bridgewater said is true, there are still a series of financial institutions waiting in line to go bankrupt."

"Fortunately I changed a lot of stocks"

Bridgewater manages $140 billion in assets, and its clients include many foreign governments and central banks, pension managers, university endowments and philanthropic foundations.

This time, Bridgewater Fund evaluated a series of assets held by global financial institutions involving US risky credit, including mortgage loans, credit card repayments, etc. They estimated that the total amount of high-risk credit assets amounted to 26.6 trillion US dollars. If calculated according to current market prices, the resulting losses may reach 1.6 trillion US dollars.

The report was also seen by Harrison, the chief financial officer of AIA.

Harrison's back was a little cold, and he murmured: "Traditional commercial loans are placed on the balance sheet according to the valuation model rather than the market price, because they cannot be traded at all. If the market price rises, the loss will be less than 1.6 trillion; if the market price falls, the loss will be greater than this figure.”

The report also argues that U.S. commercial banks are bearing the heaviest losses because the core of their portfolios are U.S. loans. According to their research on the loan portfolio and securities investment portfolio of American commercial banks, they believe that the losses recognized by these commercial banks are only 1/6 of the total losses.

The report estimates that Citigroup, Bank of America and JP Chase alone have hidden potential losses of up to $400 billion.

The property director of American Asia Insurance, Garth Jones, also looked at the report seriously.

"I hope that Bridgewater Fund is not spreading rumors, TM, such a large-scale loss has more far-reaching significance. Borrowers, that is, banks need to reduce their loans by 1/10 to ensure asset adequacy. This means that the future credit market will still There is a contraction of up to 12 trillion unless these banks can raise new funds."

Both Harrison and Garth Jones felt a crisis that could emerge at any time.

Now AIG Group, the parent company of AIA and AIG, is already facing cash flow pressure.

They need to cash out their stocks and get cash as soon as possible.

When Wang Guanxi saw this report, he was overjoyed. Citibank, Bank of America...

He will short their stocks, provided he gathers additional funds, after all, his main fund is to short the Hang Seng Index.

Additional funding can only be provided by insurance companies.

"Make money, make money, buy as many insurance companies as possible on September 14th!"

Soon the stock market opened.

AIG Group's American Asia Insurance, AIA continued to cash out stocks.

Share prices of China Resources Beer, China Resources Gas, ICBC, HSBC, Standard Chartered, and Sinopec continued to fall.

Among them, China Resources Beer and China Resources Gas fell the most, which also drove the share price of China Resources Cement Company to plummet.

In just one and a half hours, China Resources Beer fell sharply from 20 yuan per share to 16 yuan per share, and China Resources Gas fell sharply from 9 yuan per share to 6 yuan per share.

There is a floating profit of 90 million Hong Kong dollars in Wang Guanxi's account, which is so cool.

But it's not over yet!

Half an hour later, the stock of China Resources Beer fell to 13.00!

The market is flooded with selling orders.

Wang Guanxi didn't wait any longer, and immediately started closing positions.

1 million shares!

1 million shares!

1 million shares!

``

When he closed the position, the stock price rushed from 13.00 to 14.80.

The average closing price was at 13.90, earning 11.1 yuan per share, 10 million shares, a total profit of 111 million!

It's so cool.

The net account value of Fund No. 1 has reached 311 million Hong Kong dollars.

After deducting interest and intermediary fees, Wang Guanxi made a net profit of 110.5 million Hong Kong dollars this time.

Immediately he withdrew 500,000 Hong Kong dollars as pocket money.

He has been spending money recently, and there is not much money in his own bank card.

Fund No. 1 has HK$310 million left.

Wang Guanxi feels that the happiness index of his life has skyrocketed to 310 million!

At this time, a burst of hunger struck. It was already noon. Wang Guanxi was cooking lunch, which was fruit salad with milk. Then he put his phone aside, turned on the music, and turned the volume to the maximum.

【Sudden self】

I heard you say that the sun rises and sets

Rain or shine is unpredictable, the road is full of footsteps

I'm used to your sudden self

Let nature see through

Then don't stay

The sky you overlook hangs more rainbows

I will hold your pride tightly in my heart

I remember your tenderness in the cold winter

fill my heart with open arms

Sadness is also tears with smiles

Countless encounters, endless waiting

What's the use of starting over if you only have this life

Come, come, come... After this one, there's one more

After drinking this glass, there are three more glasses!

This song sounds exciting and has a strong sense of rhythm. Wang Guanxi couldn't help but move gently with the rhythm of the music. He was happy alone in the kitchen, with a sullen expression, and a glass of Budweiser in his hand drank up.

Before he shorted 10 million shares of China Resources Beer, he asked Wing Lung Securities' Wu Zhanhai to borrow 1 million shares, Wing Lung Insurance's Wu Zhankun borrowed 4 million shares, Southwest Securities International's Guan Wenwei borrowed 2.2 million shares, and South China Securities' Wu Hongsheng borrowed 1 million shares. 2.8 million shares.

"I don't know how these four guys are doing now?"

Wang Guanxi gambled with these four people, Wang Guanxi made money, and the four people must have lost money.

The stock of China Resources Beer will continue to fall, and the four will lose more money.

At this moment, Wing Lung Securities and Wu Zhanhai looked at China Resources Beer, China Resources Gas, and China Resources Cement, which had fallen so much, and immediately wanted to vomit blood. The losses in their stock accounts were disastrous.

"That kid Wang Guanxi is really amazing, he must have made a lot of money this time."

"Oh, why am I always losing money?"

Wu Zhanhai couldn't figure it out, since he got to know Wang Guanxi, every time he lent stocks to Wang Guanxi, he was greedy for Wang Guanxi's interest, but the loss on the stock was much higher than the meager interest he got.

Wing Lung Insurance, Wu Zhankun is even more difficult. He previously increased his holdings of 21 million shares of China Resources Beer, and now holds 25 million shares of China Resources Beer in his account. The opening position is 22.00 yuan per share. Just in China Resources Beer, he lost 175 million. Hong Kong dollar.

When the market opened in the afternoon, the share price of China Resources Beer continued to fall!

Under the AIA sell-off.

At the close, it fell to the 10.00 position.

Wu Zhankun watched this scene with a broken heart, and his floating loss on China Resources Beer was as high as 300 million Hong Kong dollars.

China Resources Gas has a floating loss of 75 million.

China Resources Cement has a floating loss of 25 million.

···

Guan Wenwei of Southwest Securities International had a gloomy face. He didn't expect China Resources Beer to fall so much, but he didn't hold many shares, only 2.2 million shares.

The bad thing is that Bi CNOOC is also falling. He is long on CNOOC, and the floating profit in his account is tens of millions of Hong Kong dollars.

And Wu Hongsheng of Nanhua Securities has a very bad face. He holds ICBC, China Resources Beer, China Resources Cement, and Sinopec stocks with floating profits, but now the floating profits are gone.

Fortunately, he was long on CNOOC. Although CNOOC has fallen a lot today, his account is still in floating profit.