Rebirth of the Financial Crisis Sweeping the World

Chapter 224 224 Stupid Zheng Family Group! 8 billion cash flow is over!

At this moment, everyone at Black Shirt Insurance Company was very excited.

Black Shirt Insurance Company previously shorted 600 million shares of Good Financial Group and established a position near HK$5.00 per share. It currently has a floating profit of HK$1 per share on its books, for a total floating profit of HK$600 million.

Huang Shaokai said very excitedly: "BOSS, this is an unexpected surprise!"

They never expected that when they were preparing to short New World Development Group, the stock price of Jiehao Financial Group, which was originally so strong, suffered a heavy blow.

Although it was stabilized at 4.00 Hong Kong dollars per share, it also consumed a lot of funds from Hong Tianwen and others. Such good news is simply too good!

Zhang Youde also gloated: "Haha, some institutions sold the stocks of Jiehao Financial Group on a large scale!"

This is simply wonderful. There is actually an institution liquidating the stocks of Hao Financial Group, and I don’t know which ‘good friend’ it is!

Wu Zhankun said in a mocking tone: "This grandson of Hong Tianwen feels better now, haha!"

Black Shirt Insurance Company has a lot of grievances with Jiehao Financial Group, and they have been dealing with each other all the time.

However, Jie Hao Financial Group has never suffered losses. The two parties have been going back and forth, ruining each other's reputation. In the process, Jie Hao Financial Group has caused huge losses to Black Shirt Insurance Company. Future premium income will be due to Hong Tianwen This grandson's insidious methods cost a lot.

It’s a lie if everyone doesn’t hate Hong Tianwen in their hearts.

Wang Juehao also said: "This grandson of Hong Tianwen has attracted so many families to fight with us in the stock market. This time they have consumed a lot of money in forming a financial group, right?"

It's really a trap to form a good relationship with a financial group. It takes up a lot of money from your opponent.

He estimated in his heart that it would be at least HK$5 billion.

Although the other party's family is large, the cash flow is not like water coming out of the well. Once it is consumed, it will be fatal to the company of Hong Tianwen and others.

Bai Weiqiang jumped up excitedly and said, "This time, the stocks of Jie Hao Financial Group were suddenly sold by a mysterious organization. It is a great thing."

They had a bloody day-long battle with Hong Tianwen and others on Jie Hao Financial Group on Wednesday, spending 3 billion Hong Kong dollars in funds, but they were unable to sell the shares of Jie Hao Financial Group.

It can be seen how willing Hong Tianwen and others are to spend money to come in and fight them to the end.

Today, finally, financial institutions suddenly sold off the shares of Jiehao Financial Group.

It directly caused the share price of Jiehao Financial Group to fall to 4.00. Then Hong Tianwen and others bought so many shares of Jiehao Financial Group on Wednesday.

There must be heavy losses.

Wang Guanxi smiled lightly and said: "God is really helping us. Hong Tianwen and the others have been trapped with so much money this time. They are doomed in the future."

He also guessed who was clearing stocks and forming a financial group. It must be the Hong Kong penny stock king Sun Tonghong whom he met while jogging near Victoria Peak this morning.

Hong Tianwen and others are also unlucky, and they have to protect the market, because if they don't protect the market, there will be a cascading effect. Why is there a cascading effect?

Because these listed companies in the Hong Alliance all have shareholdings and cooperative relationships with each other, they are in the same boat, and they may have pledged their equity to fight the black shirt insurance company.

If the stock price falls too sharply, the pledged equity will be very dangerous.

For example, you pledged 200 million shares at a price of HK$5 per share, a stock worth HK$1 billion, and then borrowed HK$600 million from a bank. When the stock price fell to HK$3 per share, these 200 million shares It’s only worth HK$600 million.

When the stock price is lower than 3 Hong Kong dollars per share, the bank will have to ask you for money.

It would be strange if Hong Tianwen and others would not die in the future.

I looked at the stock price of New World Development Group and found that it has now reached 41.90 and will soon reach HK$42.00 per share.

Wang Guanxi said: "Be ready to short the shares of New World Development Group, a subsidiary of the Zheng Group. Once the stock price of New World Development reaches 42.00, sell 2.5 million shares to me immediately!"

2.5 million shares, that’s worth 100 million Hong Kong dollars. Let the Zheng’s consortium take the next step. The stock price of New World Development Group is still quite high now, which is very suitable for trapping the funds of the Zheng’s consortium at a position above 40 Hong Kong dollars. .

They have hoarded land, real estate, and built real estate projects in the Mainland, but they have no money to operate, or there is insufficient capital flow. What will happen to the Zheng Group? Should it be sold, scrapped, or what?

Wang Guanxi was looking forward to it, and then he continued: "The more funds that can be used to trap Zheng's consortium this time, the better."

"Yes, BOSS." Everyone's eyes were fixed on the stock price chart of New World Development Group.

At this moment, New World Development Group.

Hong Tianwen, Yuan Kang, Lin Yongfu, Huang Zhida, Huang Zhiyu, Pan Zheng, Luo Yinghui, Zheng Yuanfeng and others also looked at the stock price chart of New World Development Group.

Huang Zhiyu, the heir to the Huang Group, couldn't help but said: "Old Zheng, today the share price of New World Development Group was boosted by your 1 billion Hong Kong dollars of capital. Shareholders, small retail investors, and small institutions are very enthusiastic."

"Look, the stock price is about to reach HK$42 per share."

Zheng Yuanfeng smiled lightly and said: "Indeed, the stock investors seem to be quite enthusiastic today. If this black-shirted insurance company dares to short-sell, he will definitely kneel on the ground."

Hong Tianwen's face was still a little gloomy because of the sharp drop in the stock price of Jiehao Financial Group. He asked, "Isn't this black-shirted insurance company going to short-sell today?"

Yuan Kang also said: "Haha, I guess this black-shirted insurance company is cowardly."

Lin Yongfu analyzed carefully: "I guess they are also panicking. They short-sold Good Financial Group, Aeon Credit Company, Sino Hotel Group, Sino Real Estate Group, and Daifook Securities Company. Now the stock prices of all companies have been maintained by us. It didn't fall sharply.

The black shirt insurance company didn't withdraw either, so it just came up with the idea of ​​asking Sun Juhong, the major shareholder of Jiehao Financial Group, to sell the shares of Jiehao Financial Group, but it was still supported by us.

The current stock price of Blackshirt Insurance Company is probably completely panicked. Every time they short a listed company, their funds are trapped.

Then they were cut off by us and had to bear high interest rates every day without seeing the stock price drop. It’s strange that they didn’t panic! "

Huang Zhida nodded and said: "Mr. Lin's analysis makes sense. This black shirt insurance company must be panicking. They want to close their positions, but they don't dare because there are not many selling orders in the liquidation market.

If they close their positions, they need to buy the same number of stocks in the market to pay us back, which will cause the stock price to rise sharply. They will lose a lot of money once they close their positions, and they can only watch helplessly as we charge high interest every day.”

Huang Zhiyu also smiled and said: "Although we bought a lot of stocks and consumed a lot of cash, we don't need to pay interest. Unlike Black Shirt Insurance Company, they spend at least HK$7.66 million in interest every day.

I want to see how long this black-shirted insurance company can sustain it with our stock price stabilized."

Pan Zhengye said: "It's best to hold on for a few months and pay our HK$500 million in interest before liquidating the position."

Luo Yinghui also smiled and said: "It seems that this black-shirted insurance company may not dare to short-sell. Mr. Zheng, this black-shirted insurance company is probably really cowardly."

Zheng Yuanfeng gently picked up the tea cup, took a sip, and said calmly: "To tell you the truth, our Zheng family can mobilize 8 billion Hong Kong dollars in funds this time.

Although 1 billion Hong Kong dollars of funds were consumed before, there are still 7 billion Hong Kong dollars in cash idle here, and it will be useless no matter how hard the black shirt insurance company jumps around."

Originally, he had mobilized 5 billion Hong Kong dollars in cash, but just now he discovered that there was still spare funds in Zheng's consortium. These spare funds were from Chow Tai Fook Company, and they couldn't use them now. So he might as well do this black job all at once. Insurance company.

Seeing the stock price of New World Development Group soaring to 42.00, and the market value of New World Development Group reaching HK$105 billion, Zheng Yuanfeng raised the corners of his mouth and said, "I'm afraid that the black shirt insurance company won't dare to do short selling!"

As soon as he finished speaking, the stock price of New World Development Group fell by 1 Hong Kong dollar, from 42.00 to 41.00. Zheng Yuanfeng's face suddenly froze, and then he loudly said: "Here it comes."

"Well done!"

"Buy it for me immediately and bring the stock price to 42.00. I will eat as much as they come."

This time, Blackshirt Insurance Company asked the Zheng family to borrow 100 million shares to short New World Development Group, which is only worth HK$4 billion.

He now still has 7 billion Hong Kong dollars in funds, which is more than enough to defeat this ignorant black-shirted insurance company.

At this time, Hong Tianwen said quickly: "Mr. Zheng, why don't we wait until the stock price drops to 40.00 before we increase our holdings?"

He felt that Black Shirt Insurance Company would definitely hit the stock price and let the stock price fall to HK$40.00 per share, which was also a price support position.

They can just increase their holdings here. There is no need to increase their holdings at 41.00, which will increase the cost in vain.

Thinking of this, Hong Tianwen continued: "Mr. Zheng, we will hold on to the 40.00 position and let the Black Shirt Insurance Company sell as much as we want. We will hold on here.

You have 7 billion Hong Kong dollars in funds here, and the Blackshirt Insurance Company has 4 billion Hong Kong dollars. We will eat up the Blackshirt Insurance Company here."

With their 7 billion Hong Kong dollars in funds, they can just stick to the 40.00 position, which is as safe as gold.

Don't let the stock price rise and fall sharply, as this will cause worries among retail investors. If large retail investors or small financial institutions sell stocks out of fear, black shirt insurance companies will take advantage.

Zheng Yuanfeng smiled and said: "Mr. Hong is really experienced and steady, so just arrange to do what Mr. Hong said and just increase holdings at 40.00."

Then he said to the traders of New World Development Group: "Just increase your holdings at 40.00. Hold here and let them jump!"

"Yes, Chairman." The traders who originally intended to buy stopped waiting for New World Development Group's stock price to fall to 40.00.

Soon the stock price was suppressed to 40.00 by Black Shirt Insurance Company!

Retail investors who had previously bought above the 40.00 level became nervous. Although they did not sell their stocks, they were less confident in the stock price rising.

Retail investors at the 40.00 position also began to close their positions one after another, fearing that the profits in their accounts would disappear. As a result, many selling orders appeared at the 40.00 position, impacting the defense line at the 40.00 position.

And New World Development Group traders started buying!

100,000 shares!

100,000 shares!

200,000 shares!

300,000 shares!

···

New World Development Group held on here firmly, eating as much as they came. Then they raised the stock price to 42.00, and then stopped buying.

Black Shirt Insurance Company, Wang Guanxi shouted: "Continue to hit the 40.00 position"

"Yes, BOSS" The traders continued to smash the market.

But when it hit the 40.00 position, no matter how hard it hit, the stock price just couldn't fall, and the traders of New World Development Group bought it in large sums.

When Blackshirt Insurance Company stopped selling, the stock price returned to 42.00 again!

Huang Shaokai frowned and said: "The people from Zheng's consortium are just old turtles, they just stick to the 40.00 position!"

Wu Zhankun couldn't help but cursed: "Damn you, this old turtle is so hard, it can't be smashed down at all. Even if it goes down a little bit, they will buy in large sums and make the stock price rise."

Zhang Dexi also said: "If they do this, we can only continue to release negative news about New World Development Group."

At this time, Wang Guanxi thought for a while and said: "No, there is no rush now. It will not have much effect if it is released. If it is released at the weekend, it will accuse the New World Development Group of Zheng's consortium of losing money on all its investments in the mainland. The chain is broken and they are all unfinished buildings.”

"Yes, BOSS" Huang Shaokai quickly called the financial news editor to arrange a press release.

At this time, Wang Guanxi continued: "Continue to increase the selling volume, don't stop, 5 million shares each time, aren't they sticking to the 40.00 position?"

"Then let's smash them all and let them take over!"

"There must be institutions in the market that want to cash out. Didn't we ask UBS to borrow 100 million shares of New World Development Group before? UBS has temporarily returned, and it is obvious that it is no longer optimistic about the future stock price of New World Development Group."

"Let those shareholders in the market who want to cash out take a look at the largest shareholder of New World Development Group. The Zheng family is increasing its holdings of New World Development Group stock, and the increase in holdings is very strong. Those who want to cash out can easily do so."

"Yes, BOSS" Wu Zhankun and others immediately sold New World Development Group's stocks crazily.

4 million shares!

4 million shares!

4 million shares!

···

The stock price of New World Development Group is like a spring. This spring was attacked by a sledgehammer, and then the spring was compressed to the extreme. The extreme point was at 40.00, and then it bounced back violently.

Why is it bouncing so hard? It’s because New World Development Group is buying like crazy!

But every time it bounced up, at the 42.00 position, it was hit hard by the black shirt insurance company!

You and I go back and forth, you hit and I flick!

New World Development Group's share price is highly volatile.

··

At this moment, Kathy Entwistle, senior vice president of the Hong Kong branch of Swiss Bank (UBS Group), is sitting in the office here, drinking cat poop coffee.

Quietly looking at the stock price chart of New World Development Group.

During the U.S. subprime mortgage crisis, UBS Group suffered heavy losses, exceeding US$40 billion.

Many assets are planned to be sold, and Kathy Entwistle is in charge of the assets to be sold in the Hong Kong branch. He is carefully screening which assets should be sold, at what time and in which location it is more suitable to sell, and what is the sale What proportion is suitable for dropping.

After all, when selling assets, such as the stocks of a listed company, UBS Group will not clear out all its positions.

Yesterday, a Hong Kong insurance company came to ask them to borrow 100 million shares of New World Development Group's share price, worth HK$4 billion, with an interest rate of 1.5% per month. This insurance company, called Black Shirt Insurance, planned to short New World Development Group. Development Group.

Casey Entwistle's subordinates agreed at the time, but when he found out, he rejected the deal.

He carefully observed the stock price of New World Development Group this morning and analyzed the potential future room for growth. He felt that there was almost no room for growth.

Because housing prices in the mainland are plummeting, housing prices in Hong Kong are also falling, and the real estate market in the United States has collapsed.

Although New World Development Group has not lost any money, rental income and property management fees are still the same. New World Development Group's stock price also fell a lot a few months ago, and is now very stable.

However, he feels that New World Development Group's stock price will definitely fall to less than 20 Hong Kong dollars in the next few months, and he has already planned to sell New World Development Group's shares.

However, UBS Group has taken 127 million shares. If it clears its position at once, the stock price will fall a lot.

UBS Group bought these 127 million shares in April 2007. The average price for opening a position was HK$35 per share, so the average closing position must be higher than 35.00 per share so that UBS Group would not lose money.

But this time when New World Development Group was liquidated, Kathy Entwistle planned to make some money. After all, he had held it for a year and a half, and it was impossible to leave without breaking even. This transaction was done by him personally.

At that time, in 2007, he saw that New World Development Group's performance was very good and the dividends were high, so he bought 127 million shares, enjoying the dividends and appreciation.

The position is about to be closed now, but the average closing price, he thinks, must be above 38.00.

So he has been waiting for the opportunity.

Now is your chance.

Today, the share price of New World Development Group was shorted, while the Zheng family, the major shareholder of New World Development Group, maintained the share price above 40.00.

Kathy Entwistle put down her coffee cup, then opened her stock account and began clearing out her positions.

Since the Zheng family was so strong in protecting the market, it was just right for him to clear out his position, so he wouldn't be polite.

5 million shares!

5 million shares!

5 million shares!

``

Kathy Entwistle is selling like crazy!

Immediately Wang Guanxi from the black shirt insurance company noticed something was wrong!

Because the stock price of New World Development Group is out of the question, it affects the short selling of Black Shirt Insurance Company!

“Some institutions are also selling shares of New World Development Group”

"You bastard, you're ruining our plan."

“We haven’t even finished selling yet.”

Now they still have 50 million shares that have not been sold!

··

Wang Guanxi hurriedly said: "It's okay to increase the selling and drop the stock price!"

"Yes, BOSS!"

5 million shares!

5 million shares!

··

Suddenly, the people at New World Development Group felt stressed.

A trader said: "The chairman has sold a lot, and now we can't bear it anymore."

“Are you going to continue to accumulate large amounts of money here?”

Zheng Yuanfeng said: "Keep buying!"

"6 million shares at a time"

"Yes, Chairman!" Everyone continued to buy!

Big buy!

But the stock price is still falling!

Because there is too much selling!

6 million shares!

··

7 million shares!

··

8 million shares!

··

It’s useless New World Development Group’s stock price has been falling!

It fell below HK$39.00 per share!

It ended after falling to HK$38.00 per share!

At this moment New World Development Group.

Zheng Yuanfeng said angrily: "I told you to buy it, what's going on? Keep buying it!"

A trader quickly said: "Chairman, we have bought more than 170 million shares."

"Chairman, the HK$7 billion in funds has been exhausted."

When Zheng Yuanfeng heard this, his face suddenly became horrified, and his back felt so fucking cold!

This HK$7 billion cannot protect the market!

Did this black-shirted insurance company borrow more than 100 million shares of New World Development Group shares?

How is this possible?

Does Black Shirt Insurance Company have so much liquidity?

Others were also shocked!

Can’t even protect HK$7 billion in funds?

This is so weird!

How many shares did Blackshirt Insurance Company sell off?

Didn’t this black-shirted insurance company borrow 100 million shares from the Zheng family?

In total, the Zheng family has spent HK$8 billion to protect the market today. What is the result?

The stock price fell to 38.00!

This is simply unimaginable!

Zheng Yuanfeng gritted his teeth and said: "This black-shirted insurance company is really rich. It has shorted so many shares!"

"This needs to be at least 170 million shares."

"Son of a bitch!"

This time Zheng's consortium is also short of liquidity, but fortunately, the consortium's normal operations will not be affected.

This black-shirted insurance company spent so much money on shorting New World Development Group, which Zheng Yuanfeng never expected!

The trader asked: "Chairman, do we still need to mobilize the group's funds to raise the stock price?"

Zheng Yuanfeng was sweating on his forehead and said: "No need for the time being, the black shirt insurance company has probably been sold out, so that's it."

··

At this moment, UBS Group's Hong Kong branch, Kathy Entwistle, saw that New World Development Group's share price fell to HK$38.00 per share, and stopped selling.

Just sold 75 million shares.

Let’s keep the remaining 55 million shares for now.

75 million was cashed out for 2.925 billion Hong Kong dollars, which is not bad.

Blackshirt Insurance Company has sold off all 100 million shares this time. The average position is HK$40.00 per share, with a temporary profit of HK$200 million.

Huang Shaokai asked: "BOSS, who was selling with us just now?"

Wang Guanxi said calmly: "Didn't you ask UBS Group to borrow 100 million shares before, but the other party regretted it temporarily?"

Wu Zhankun said excitedly: "Yeah, probably UBS Group saw us fighting with New World Development Group, and then they took the opportunity to cash out at a high position!"

Zhang Dexi also laughed: "Haha, this time Zheng's consortium was trapped in at least HK$7 billion of cash flow today."

Wang Juehao was also excited: "The cash flow of HK$7 billion has been trapped. Once the Zheng consortium encounters any problems and lacks cash flow, they will have to sell assets frantically to save themselves."

Bai Weiqiang also laughed: "Haha, they are probably interested in our Black Shirt Insurance Company. To be honest, I am also interested in New World Insurance Company, a subsidiary of New World Development Group."