Rebirth of the Financial Crisis Sweeping the World

Chapter 174 Chapter 174

After thinking about it, Wang Guanxi planned to sell the good assets and cash out the cash.

For example, the stocks of CNOOC, Sinopec, PetroChina, Penguin Group, and BYD Auto.

Of course, there is also a lot of liability reserves, which are stored in a special bank account and can have interest, but in order to avoid trouble from the Securities Regulatory Commission, Wang Guanxi plans to sell stocks.

"Let's sell CNOOC, Sinopec, and PetroChina first."

So Wang Guanxi called the horse boys.

Mu Honglie, Chen Xuezhen, Wei Weicheng, Huang Shaokai, Wang Juehao, Kawauchi Yuji, Ogura Wu, Huang Jiajiang, Bai Weiqiang, Zhen Dahua, Huang Xuehui, He Chunlong, Zhong Guowei.

"You go to find a buyer. It is best to sell the stocks of CNOOC, Sinopec, and PetroChina at the market price."

At present, these shares are worth 1.2 billion Hong Kong dollars. Wang Guanxi hopes to find a buyer and sell all these shares at the market price.

Then mobilize funds to go short Galaxy Entertainment Group, let Lu Yinhe taste what it feels like to be shorted.

Wang Guanxi remembered that the share price of Galaxy Entertainment Group plummeted twice, the first time before the financial tsunami.

"Yes, BOSS." The boys immediately went to do it.

At this time, Wang Guanxi said again: "By the way, those combined bonds, the bonds of Washington Mutual Bank, Bank of Merrill Lynch, and Lehman Brothers, are all packaged and sold."

These bonds are also worth 500 million Hong Kong dollars, and now the subprime mortgage crisis has begun to impact the US banking industry.

For several banks that have gone bankrupt in a row, these portfolio bonds are not very easy to sell, because everyone is worried that the banks will also go bankrupt.

"It's BOSS!" Everyone went to do it one after another.

In the evening, Wang Guanxi received a call from Wu Zhankun.

"President Wu, what's the matter?"

"Boss, I heard that there are several financings in the clubhouse tonight, are you interested in coming over to have a look?"

Since the acquisition of Wu Zhankun's Wing Lung Insurance, Wu Zhankun has been serving as the executive director of Hong Kong Blackshirt Insurance Company.

Of course it's just a part-time job, he also has other industries.

However, his property is losing money, and he is not liked by the Wu family because of the huge loss of Wing Lung Insurance.

He has accepted the reality and began to focus on the Hong Kong Blackshirt Insurance Company.

His small company has a cooperation with Hong Kong Blackshirt Insurance Company, and can get some benefits from it.

"Okay,

I'll go and have a look." Wang Guanxi is quite interested in corporate financing.

Although many companies may be rubbish companies, there are also good companies, go and have a look, in case you find a treasure.

If you have no money, you can get a loan from Wing Hang Bank.

So he came to a private club in a financial circle.

Zhang Dexi, the executive director of the Hong Kong Blackshirt Insurance Company, was also there. Now Zhang Dexi also has a Catalan venture capital company under his name, but it is also difficult, but he still has a lot of spare money.

"Boss, you are here too"

Now he also gets a salary in the black shirt insurance company, and he is not on the same level as Wang Guanxi, but calls Wang Guanxi the boss.

"Mr. Zhang, you're here too. You're also here to participate in the financing tonight?"

"Well, come and have a look, I still have a lot of spare money" Zhang Dexi laughed.

Then everyone enters the hall together.

A lot of people came here tonight, and many of them were talking about business, such as selling financial assets under their own names or held by their own company directly at market prices, or equity in unlisted companies.

Or everyone can invest together and share the risk.

Wang Guanxi is also looking at whether he can sell the portfolio bond assets of the black shirt insurance company.

Today, the chairmen of several listed companies, as well as the chairmen of non-listed companies, have come here to seek financing.

The chairman of Behringer International, the chairman of Hejun Group, a large toy manufacturer in Hong Kong, the chairman of Tailin Electric, the chairman of Gangsheng Electronics, Hongda Printing Group, Yijinli Group...

These are companies that will go bankrupt after the financial tsunami hits in the future, and Wang Guanxi has no interest in financing.

It's just the chairman of Hejun Group, Hu Yunbin boasted on stage, attracting many investors.

Hong Kong Hejun Holdings Group was established in 1996. It has four production factories in Dongguan City and Qingyuan City, with about 10,000 employees.

It mainly produces high-end electronic toys, plush doll toys, etc., which are exported to Europe, North America, Japan and other regions. The annual sales of the whole Renhejun Group exceed 700 million Hong Kong dollars.

The current market value of more than 1 billion Hong Kong dollars is only the reason why Hejun Group deliberately maintains the stock price, and the trading volume of the stock is very small.

If you want to raise money now, you are defrauding investors, but Wang Guanxi did not expose it.

However, Hejun Group is also one of the largest toy foundries in the world, and many investors are very interested.

These investors will lose money, and they will lose money. Those who engage in finance and venture capital are rich owners.

Zhang Dexi, Wu Zhankun, and Wang Guanxi were drinking and chatting.

When Wu Zhankun saw his cousin Wu Zhanhai, he didn't go over to say hello.

Because Wu Zhanhai owed him 100 million Hong Kong dollars and did not pay him back.

I heard that it was used to make the Hang Seng Index. Sometimes it said that it had a floating profit of 400 million Hong Kong dollars, and sometimes it said that it had a floating loss of 200 million Hong Kong dollars, but the money was not paid back to him.

At this time, Zhou Xianyi, the chairman of Yijinli Group, saw Zhang Dexi, Wu Zhankun, and Wang Guanxi, so he walked over and said hello.

"Mr. Zhang, Mr. Wu"

"It's been a long time, and your black shirt insurance company is getting bigger and bigger now."

Zhou Xianyi, Wu Zhankun, and Zhang Dexi all knew each other. The Black Shirt Insurance Company was formed by the merger of several insurance companies. He always believed that Zhang Dexi and Wu Zhankun were in control of the insurance company, while ignoring the young-looking Wang Guanxi.

"This is Mr. Wang, my boss" Zhang Dexi said

Wu Zhankun also said: "Mr. Wang, this is the real boss behind the black shirt insurance company."

"Ouch, Mr. Wang, hello." Zhou Xianyi's face changed suddenly, and he greeted Wang Guanxi very enthusiastically and shook hands.

"Sorry, Mr. Wang, I didn't recognize it for a while."

"It's okay, Mr. Zhou." Wang Guanxi smiled lightly.

Everyone started drinking and chatting, and then Zhou Xianyi began to trick Wang Guanxi into investing in his Yijinli Group.

Headquartered in Hong Kong, EJAL Group is a well-known international watch and jewelry company and Asia's largest high-end watch retailer, providing one-stop services covering manufacturing, distribution and sales of watches and jewelry.

In China, Yijinli currently operates a large fashion watch retail network called TimeZone and a joint venture, Peace Mark Tourneau, as a flagship business unit that distributes and retails more than 100 mid-to-high-end watch brands in the Greater China region.

With its strong design and manufacturing capabilities, it is also engaged in the manufacture and distribution of timepieces in various regional markets, including the United States, China, Europe and other Asian countries. Its advanced production facilities are located in Hong Kong, Shenzhen, Guangzhou, Lushi, and Benin, Switzerland.

Last year's annual turnover was as high as 4.47 billion yuan, and the net profit was 700 million yuan, which is awesome.

The company is currently listed in Hong Kong, with a market value of HK$6 billion. In 2008, the market value of HK$6 billion was quite large.

However, Wang Guanxi knew that the Yijinli Group would also be finished. One day when the market opened, the stock price plummeted by 80%, and the market value shrank by 4.82 billion Hong Kong dollars. In the end, it went bankrupt and Zhou Xianyi also ran away.

The main reason for the closure is that Yijinli Group acquired Xianshi Watch Co., a listed company in Singapore!

It cost more than 2 billion Hong Kong dollars to acquire Xian Shi watch company, and it cost more than 2 billion Hong Kong dollars to take it private.

Unexpectedly, when the financial crisis occurred this year, banks suddenly reduced credit and urged repayment. The repayment bill of Yijinli Group reached 1.2 billion Hong Kong dollars. This fund broke Yijinli's funds, and finally led to the overall collapse.

I fucking want to short your company, and you still want to trick me into investing in your company.

Nonsense!

"Mr. Zhou, my company is short of funds now, so I can't participate in the financing of Yijinli Group."

Zhou Xianyi smiled and said: "It's okay, we can continue to cooperate next time."

At this time, Wang Guanxi thought for a while and said: "Mr. Zhou, you can go to Hong Tianwen, the boss of Jiehao Financial Group, and Lu Yinhe, the boss of Galaxy Entertainment Group, they may be interested in investing."

Hong Tianwen and Lu Yinhe, these two disgusting bastards, caused the black shirt insurance company to lose a huge amount of insurance premiums in the future.

Also all kinds of disgusting black shirt insurance companies, Wang Guanxi naturally has no end with them.

Once the black shirt insurance company has gathered funds, Wang Guanxi will short the Galaxy Entertainment Group first, but before that, it is best to drag them into the water.

Zhou Xianyi heard it, smiled and said, "I happen to know them, maybe I can give it a try"

After Zhou Xianyi left, Wang Guanxi's phone rang. It was Huang Shaokai, the CEO of Blackshirt Insurance Company. He said that he had found a buyer in succession. The other party could buy CNOOC, PetroChina, and Sinopec worth 900 million Hong Kong dollars at the market price. stock.

Wang Guanxi was very happy, and then ended the call.

CNOOC, PetroChina, and Sinopec still have 300 million stocks left, and combined bonds worth 500 million Hong Kong dollars, let's sell them all in a package.

So he glanced around.

Old acquaintances are there.

Ping An Fund, Hao Yumao

Wing Lung Securities Company, Wu Zhanhai.

Dingyi Financial Company, Li Guangyu.

Southwest Securities International Securities, Guan Wenwei.

South China Securities, Wu Hongsheng.

Guoco Financial Group, Guo Linhai

Of course there are some newcomers too.

Koala Financial Group, Lu Jianting.

Astrum Finance, Guan Zhenyi.

Hongye Futures, Lin Jiyang.

Victory Securities · Chen Peiquan.

Orient Securities, Cai Manji.

Keystone Capital, Zhang Renliang.

Then Wang Guanxi walked over to see if they were interested in taking over his bond portfolio.

"400 million Hong Kong dollars to sell a portfolio bond worth 500 million Hong Kong dollars, are you interested?"

Li Guangyu, Guan Wenwei, and Wu Hongsheng lost a lot on the Hang Seng Index. Naturally, they are not interested in any combination of bonds. They are still short of money, and they are here to solicit investment tonight.

"Guanxi, I'm still short of money, but I can't afford your portfolio bonds"

"Yeah, the Hang Seng Index lost a lot, we broke our positions, and it went up"

"I'm so pissed off"

Wang Guanxi smiled lightly, and comforted him: "It's okay, there are wins and losses, and I will definitely earn it back next time."

Then he smiled at Wu Zhanhai and asked, "Brother Zhanhai, my company is short of funds recently, 500 million in portfolio investment bonds, the income is stable, 400 million Hong Kong dollars are sold to you, are you interested?"

Wu Zhanhai smiled bitterly and said, "Brother, I don't have liquid funds anymore, otherwise I would definitely buy your bond portfolio."

"This time the Hang Seng Index is really screwed up"

Compared with Li Guangyu, Guan Wenwei, and Wu Hongsheng who broke their positions, his situation is better.

He holds 4,000 lots of the Hang Seng Index, and the opening position is at 21,300. One point of fluctuation is 200,000 Hong Kong dollars.

When the Hang Seng Index rose to 23300 before, the account had a floating profit of 400 million Hong Kong dollars.

Then the Hang Seng Index plummeted all the way from 23,000 to the lowest point of 20,300. His account's original floating profit of 400 million Hong Kong dollars turned into a floating loss of 200 million Hong Kong dollars, and he almost broke his position.

Fortunately, the Hang Seng Index has been rising these days, and now it has reached the 21200 position.

There is only a floating loss of 100 points in the account, which is a floating loss of 20 million Hong Kong dollars.

And Wang Guanxi earned 1.5 billion Hong Kong dollars on the Hang Seng Index before, and he is simply envious of him.

Then he asked: "Guanxi, have you been doing the Hang Seng Index recently?"

This Wang Guanxi is so powerful, he wants to find out the direction of Wang Guanxi's operation, and then determine whether he should close the position early, or follow Wang Guanxi to make a direction.

Wang Guanxi smiled and said: "I won't do it, I have already locked the position at 20300, and I plan to release it after a while."

His account holds 10,000 short orders and 10,000 long orders.

No matter how the Hang Seng Index changes, the net value of his account will not change, which is HK$1.7 billion.

He wanted to wait for the Hang Seng Index to hit the 21,500 position before liquidating his position.

Close the 10,000 long orders, and then continue to increase positions and short positions at high positions!

Wu Zhanhai gave Wang Guanxi a thumbs up, and said in admiration: "Brother, you are still amazing, and you actually locked the warehouse at the lowest position. I really admire you, brother."

I have to say that Wang Guanxi is an investment genius!

Actually locked the position at the lowest point, the sense of the disk, the judgment is simply super accurate.

At the beginning, his worth far surpassed Wang Guanxi.

At that time, he still looked down on Wang Guanxi, a kid, but he didn't expect Wang Guanxi to make him look up a little bit today.

It is difficult to keep up with Wang Guanxi's pace.

Before I knew it, I actually wanted to speculate with Wang Guanxi.

Wang Guanxi smiled faintly: "Brother Zhanhai won the prize, I was just lucky, I applied for 100 times leverage to short, and almost broke my position, very thrilling"

Li Guangyu, Guan Wenwei, and Wu Hongsheng immediately admired him even more: "Guanxi, I admire your courage."

"Yeah, I don't have the guts of you"

"Brother, alas, I'm so cowardly now that I know that the Hang Seng Index is going to soar, I dare not enter the market."

Listening to Wang Guanxi's admission that he shorted the Hang Seng Index with 100 times leverage, and almost broke his position, they were convinced in their hearts.

They just use 10 times leverage, because a drop of 2,000 points with 100 times leverage can make you liquidate several times in a row.

At this time, Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji, and Zhang Renliang also came over.

These six people jointly traded, mobilized 4.2 billion Hong Kong dollars in funds, and heavily bought 200,000 lots of the Hang Seng Index.

The opening position is at position 20400, and now there are 800 points of floating profit in the account, with a total floating profit of 8 billion Hong Kong dollars, which means that each person has earned 1.5 billion Hong Kong dollars, which is really cool.

However, the six of them had heard about Wang Guanxi. They had heard Wu Zhankun, Li Guangyu, Guan Wenwei, and Wu Hongsheng boast several times that he was an investment genius. When they saw him today, he was indeed a bit extraordinary.

Lu Jianting of the Koala Financial Group smiled and said: "I heard that Mr. Wang used 100 times the Hong Kong dollar to short the Hang Seng Index, earning 1.5 billion Hong Kong dollars?"

To be honest, he was a little skeptical, so he wanted to ask himself.

It is important to know that 100 times leverage needs to be applied for, and the risk is extremely high, and the position will be liquidated if it fluctuates by a few hundred points.

Wang Guanxi smiled: "It was just an accident, 100 times leverage almost broke my position."

Guan Zhenyi from Astrum Finance said: "Accidents are also a kind of strength."

Lin Jiyang of Hongye Futures also echoed: "Mr. Wang doesn't have to be humble. Those who can make money must have strength."

Chen Peiquan of Victory Securities said in the tone of a big brother: "Mr. Wang is really a hero out of a boy."

Cai Manji of Orient Securities said with a smile: "Mr. Wang, I will definitely do something in the future. I used to be very courageous and like to use high leverage."

He's a big guy too

Zhang Renliang of Keystone Capital echoed: "You are young and energetic, just make money."

This is also the tone of the boss.

Quite pretentious.

Wang Guanxi couldn't help sneering inwardly.

At this time, Lu Jianting of Koala Financial Group asked: "Mr. Wang, what do you think about the Hang Seng Index?"

Wang Guanxi foolishly said: "Of course it is bullish, I think it will be fine if it rises above 25,000 points"

Then Wang Guanxi deliberately analyzed it, which made the six of them agree very much.

And Wang Guanxi sneered in his heart, when the Hang Seng Index fell by tens of thousands of points in the future, you will cry!

Then Wang Guanxi began to fool them into buying their own portfolio bonds!

Bonds worth 500 million Hong Kong dollars, 20% off, 400 million Hong Kong dollars for sale.

Lu Jianting said, "Guanxi, many banks in the United States have gone bankrupt, many bonds are defaulting, and many problems have occurred. Your 400 million Hong Kong dollars is a bit expensive."

Wang Guanxi said: "What's the matter? Bankruptcy is only small banks. Big banks will not go bankrupt. My bonds are good. These are Washington Mutual Bank and Lehman Brothers bonds. They all It's a century-old bank"

Washington Mutual and Lehman Brothers eventually went bankrupt.

"If I hadn't been eager to cash out, I wouldn't be selling these portfolios at a discount"

"Brother Lu, tell me the price."

Lu Jianting asked: "How about 300 million Hong Kong dollars? The six of us bought it"

Immediately, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji, and Zhang Renliang also spoke.

40% off, 40% off, these bonds are worthless in the end, and it would be nice to get 300 million Hong Kong dollars.

Wang Guanxi thought for a while and said, "I also plan to sell some stocks of Sinopec, PetroChina, and CNOOC at the market price. Now the company needs cash."

Lu Jianting: "How about we buy another 300 million Hong Kong dollars?"

"OK, deal"

So Wang Guanxi sold bonds worth 500 million yuan and stocks worth 300 million yuan to Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji, and Zhang Renliang.

Then, a lawyer was called to sign the agreement.

Cash out 600 million in cash.

Wang Guanxi is very satisfied. These combined bonds will be worthless in the future. Sinopec, PetroChina, and CNOOC also plummeted, and these six people will also lose a lot.

Lu Jianting said: "It's a happy cooperation. If you have such a good bond in the future, just sell it to us."

He felt that Wang Guanxi was really timid. This Lehman Brothers and Wall Street Mutual Bank are both century-old companies!

Wang Guanxi is eager to sell such a good bond at a 40% discount!

Fortunately, he still thought that Wang Guanxi used 100 leverage to short the Hang Seng Index.

The deal made them 40% directly, what a fool to send them money.

On Sunday, the CEO of the Blackshirt Insurance Company also negotiated a deal with the buyer.

The stocks of Sinopec, PetroChina, and CNOOC worth 900 million Hong Kong dollars were all sold to Zhongce Asset Management Co., Ltd., a subsidiary of Zhongce Group.

Sign the contract at noon.

So at noon, Wang Guanxi and Huang Shaokai had lunch with Ke Qinghui, chairman of Zhongce Group, and Zhou Jinhua, vice president.

Ke Qinghui was shocked when he saw such a young Wang Guanxi.

"Mr. Wang, I didn't expect you to be so young. Being young and promising is no longer suitable for you. You are simply a genius, a genius!"

Black Shirt Insurance Company is not a small insurance company, with an asset scale of nearly 15 billion Hong Kong dollars. I didn't expect the real boss to be so young.

This was something he never expected, and he, who had always been well-informed, was shocked in his heart.

Wang Guanxi smiled and said, "Mr. He, I'm too proud of the prize, and I'm just throwing money at it."

"Ha ha"

Then we chatted and had lunch.

The clients of Zhongce Asset Management Co., Ltd., a subsidiary of Zhongce Group, are mainly for the wealthy, insurance companies, and pension funds, just like the previous Value Partners Group.

However, Value Partners manages client assets that are slightly larger than China Strategic Group.

The market value of Value Partners Group is only HK$7 billion, while that of China Strategic Group exceeds HK$10 billion.

Although the client assets managed by Value Partners Group are larger than that of China Strategic Group, the net assets of Value Partners Group itself are not as good as that of China Strategic Group.

This time, Zhongce Group acquired the shares of Sinopec, PetroChina, and CNOOC. The first is bullish, and the second is that these three companies will pay dividends in the near future, so he bought these stocks.

After lunch, everyone signed the equity agreement.

Another 900 million Hong Kong dollars in cash, plus the 600 million cash obtained last night, this gives Wang Guanxi's black shirt insurance company a cash flow of 1.5 billion, which is really cool.

Previously, I lost 200 million Hong Kong dollars because of a 40% discount to sell portfolio bonds worth 500 million Hong Kong dollars.

At present, the total assets of Blackshirt Insurance Company are 14.5 billion, financial assets are 5.1 billion, cash flow is 1.5 billion, real estate is 900 million, and liability reserves are 7 billion.

The total debt is 14.7 billion, of which 500 million is a loan from China Merchants Bank and 500 million is a loan from Jiehao Credit Company.

Black shirt insurance net assets negative 200 million Hong Kong dollars.

But it's okay.

It's going to be positive soon.

Back in the afternoon, Wang Guanxi opened the stock chart of Galaxy Entertainment Group!

Now is the time to settle accounts with that bastard Lu Yinhe.

At present, the share price of Galaxy Entertainment Group is still rising, standing at 5.84, with a total share capital of 4.3 billion shares and a market value of more than 25 billion Hong Kong dollars.

Blackshirt Insurance Company wants to short Galaxy Entertainment Group.

"1.5 billion Hong Kong dollars does not seem to be enough"