Rebirth of the Financial Crisis Sweeping the World

Chapter 251 251 Make another 2 billion, you don’t deserve it!

Then Wang Guanxi went to a restaurant near Wing Lung Building for lunch. The lunch had already been booked and many executive directors were there.

Everyone was chatting and the atmosphere was very lively. Now Blackshirt Investment Bank and Blackshirt Insurance Company are booming.

Employees at Blackshirt Investment Bank and Blackshirt Insurance have been very positive lately.

Especially those in the investment banking department, because of the arrival of Ryan Smith, he moved the rules of the investment banking department of Lehman Brothers to the investment banking department of Blackshirt Investment Bank.

At present, the investment banking department is mainly responsible for corporate equity financing, debt financing, mergers and acquisitions and restructuring consulting and other services. Ryan Smith is experienced in this area.

After lunch, it was already 1:20.

Now Blackshirt Investment Bank and Blackshirt Insurance Company are both in Wing Long Building. After a while, when they make a lot of money, they will buy a building as the temporary headquarters of Blackshirt Group.

For a real headquarters, you have to buy a piece of land and build a building yourself.

Thinking of this, Wang Guanxi entered the building with great expectations.

Time flew by, and at 1:50 p.m., big news came.

Ming Pao: [The Central Bank of China will cut interest rates and carry out monetary easing policy]

South China Morning Post: China Securities Regulatory Commission officials said they would take measures to maintain stock market stability.

This is good for the stock market.

Moreover, the stock market has just fallen so badly. The short sellers who are making money in their accounts now see this news. Although they don’t know whether it is true or not, they are still a little panicked in their hearts. They are afraid that the stock market will surge and cause a lot of losses in the profits in their accounts. .

Moreover, many investors who want to buy the bottom also have the idea of ​​​​buying the bottom. Although it may be false news, the stock market may rise.

If the news is true, the stock market must have been rising for several days in a row!

The mainland's Lushen and Shenzhen stock markets are related to the Hong Kong stock market. Many mainland capital tycoons are not only involved in the Lushen and Shenzhen stock markets, but also in Hong Kong stocks.

Now it's fun.

When Zhang Huiming saw these two pieces of news, he immediately panicked. He had just shorted the Hang Seng Index!

So he quickly went to the official website of the China Securities Regulatory Commission to see if there was such news. When he found that there was no news, he immediately said angrily: "This Mingpao and South China Morning Post must be spreading rumors!"

"Fuck, you scared me to death"

Blackshirt Investment Bank, Wu Zhanhai, Wu Hongsheng, Lu Jianyan, Guan Zhenyi and others also saw this news. Everyone felt that Mingpao and South China Morning Post were spreading rumors.

Wu Zhanhai quickly went to the official website to check.

Finding that there was no announcement, I couldn't help but ask: "The Central Bank of China is going to cut interest rates and carry out monetary easing policies. Is it true or false?"

Ming Pao and South China Morning Post suddenly reported such news, which is suspicious. Someone must have released it deliberately.

Wu Hongsheng also said: "It may be true. Now that central banks around the world have rescued the market, it is normal to cut interest rates. This is absolutely good for the stock market in the short term."

Li Guangyu also said: "I don't know how much the interest rate will be cut. It is possible that the interest rate will be cut. I don't know the specific time. It's just a warm-up now."

Lu Jianyan also said: "If it is true, it will be good for a while. The stock market will rise a lot."

Guan Zhenyi also said: "A-shares and Hong Kong stocks have fallen so miserably today. The global financial market is in turmoil. It is also possible for the central bank to cut interest rates."

Lin Jiyang also said: "It is true, but it is too early to say anything now. Ming Pao and South China Morning Post may be spreading rumors. It is too early to say anything now."

At this time, Wang Guanxi thought for a while and said: "Let the media continue to report, give me a lot of coverage!"

Wang Guanxi knew that because of the global central bank's rescue, the stock market's plunge was almost over, and then it surged and then continued to plummet for several months.

Now that he has bought the Hang Seng Index at the bottom, he naturally hopes that the Hang Seng Index will skyrocket immediately.

"Yes, BOSS" Everyone hurriedly went to do it.

Then Blackshirt Investment Bank also released information, claiming that monetary easing is coming, the stock markets of the three places will reverse their decline, and the stock market will be bullish in the future.

Minghui Securities refuted Blackshirt Investment Bank, claiming: There is no monetary easing, Blackshirt Investment Bank, Ming Pao, and South China Morning Post are deliberately misleading investors.

Zhang Huiming even scolded: "The black-shirted investment bank is a shameful, insensitive, a bunch of scum and gossips!"

This black-shirted investment bank is simply a rumor maker. He is either spreading rumors or is on the way to spreading rumors. He is simply a bastard. Now he is shorting the Hang Seng Index. If the Hang Seng Index surges, he will be liquidated again.

··

At this moment, Hao Yumao, vice president of Ping An Fund Hong Kong Branch, shouted: "Buy the bottom of Hong Kong stocks when the afternoon trading opens!"

Hao Yumao's assets under management have been losing a lot of money recently. It's time to perform well this time.

He sighed when he thought of the black-shirted investment bank. Almost all the executive directors of the black-shirted investment bank were acquainted with him, and they were the group of people who often met at the Central Financial Club.

Wu Zhanhai, Lu Jianyan and others have all taken off now. That boy Wang Guanxi seems to have disappeared recently. I wonder what happened to that guy as talented as Wang Guanxi?

It’s been a long time since I went to the Central Financial Club to show off.

You must have lost money and lost face to show off, right?

That's probably it.

Is there anyone who doesn’t lose money in the stock market?

And this time the monetary easing by the Central Bank of China is real, it must be real, and the global central bank's rescue of the market is not fake.

"Buy me the Hang Seng Index, 100,000 lots!"

"Yes, Mr. Hao" the traders were very excited.

CITIC Securities, China Merchants Securities, Bank of Communications International, Everbright Securities, Standard Chartered Securities... all began to be bullish on the stock market.

The Hang Seng Index has fallen so miserably. Those short sellers or institutions may be eager to cash in their profits, and the stock market will definitely rise.

··

Soon noon passed.

At the opening of the afternoon session, the stock markets of the three places, Lu City, Shenzhen City, and Hong Kong, all rose.

The Shanghai Composite Index surged, and the Lushen 300 Index surged.

Because the Hang Seng Index fell too sharply before, it jumped 250 points in the afternoon and opened at 16550!

Zhang Huiming's expression suddenly changed, and he looked at the computer blankly, his head feeling dizzy.

His account lost 400 million Hong Kong dollars in an instant, and his position was immediately liquidated.

All 40,000 short positions were forcibly closed!

The Hang Seng Index continued to rise, reaching 16650 in just 5 minutes!

The 40,000 short positions in Zhang Huiming's account were closed at 16598, resulting in a loss of 248 points and a loss of HK$496 million!

The net value in the account is HK$4 million.

Minghui Securities had borrowed HK$100 million from the bank because it wanted to buy a property. Now it still has a debt of HK$100 million and is already insolvent.

Ruined!

Zhang Huiming's face was as white as a sheet of paper, and he sat slumped in his office chair with his eyes blank.

"Why is this happening!"

"I can not be reconciled!"

"Not willing to give in!"

"Ah!" he neighed.

Now that Minghui Securities Company is insolvent, what should we do?

Just sell it.

Or borrow money.

But who is willing to lend him money?

When you are doing well, everyone is the icing on the cake. When you are not doing well, it would be nice if everyone does not add insult to injury.

··

As for Black Shirt Investment Bank, Wang Guanxi’s account is making huge profits!

A long order of 50,000 Hang Seng Index positions was opened at 16320. The floating profit in the account was 330 points, and the floating profit was HK$825 million. It was simply not too satisfying.

"Let me continue to increase my income."

Wang Guanxi clutched the tea cup tightly, very excited.

As time goes by, a large number of short-term shorts have closed their positions. These short-term shorts have all made profits and are now rushing to cash in their profits!

Hang Seng Index continues to rise!

16700 positions!

·

16800 positions!

·

16900 positions!

·

17,000 locations!

·

17100 positions!

It finally closed at 17120.

Wang Guanxi's account had a floating profit of 800 points, with a total floating profit of 2 billion Hong Kong dollars, which was simply amazing.

The net value of the account has reached HK$8.6 billion.

Today, the Hang Seng Index once plummeted 1,353 points, or 7.67%, hitting a two-year low since July 2006, and approaching the 16,000 mark. The State-owned Enterprises Index plummeted by more than 10%.

However, in the afternoon, it was reported that the Central Bank of China may relax fiscal policy, and officials from the China Securities Regulatory Commission said that they would take measures to maintain the stability of the stock market, boosting Chinese telecom stocks to take the lead in retreating, and ultimately promote the recovery of the market.

Blackshirt Investment Bank: The dramatic reversal of Hong Kong stocks was mainly driven by bargain hunting, and good rumors became a catalyst to stimulate buying.

BNP Paribas predicts that China's central bank will propose an economic stimulus plan next month. Specific measures include increasing tax rebate rates, relaxing price controls and increasing bank loan quotas.

However, Dao Heng Securities: The selling frenzy will continue until at least the end of 2008, and the Hong Kong market cannot avoid the deterioration of market conditions.

Although the Hang Seng Index surged in the afternoon today, overall, it still fell 480 points today.

The Hang Seng Index opened at 17600 this morning and finally closed at 17120!

Moreover, the Asia-Pacific stock market continued to fall today, with Hong Kong's Hang Seng Index falling by 3.3%, Bay Island's stock market falling by 2.73%, and Japan's benzene stock market falling by 2.2%, creating the lowest point since June 2005.

The South Korean stock market fell by 2.36%, the Australian stock market fell by 2.4% and hit its lowest level in the past three years. The Shanghai and Shenzhen stock markets fell again, with the Shanghai Stock Exchange Index closing down 33.21 points, or 1.72%.

The Shanghai and Shenzhen stock markets opened sharply lower in early trading, with the Shanghai Composite Index falling below the 1,900-point mark at the opening.

Subsequently, as the financial and real estate sectors fell sharply again, the Shanghai Stock Index continued to expand its decline. Shortly after the opening of the afternoon, the Shanghai Stock Index reached its lowest point of 1802 points, a drop of more than 6%.

Afterwards, bank stocks staged a desperate counterattack, leading the Shanghai Stock Index to bottom out and rebound.

With the banking, coal and other sectors all in the red, the Shanghai Stock Exchange Index regained 1,900 points, the two cities once turned red, and the decline of individual stocks also narrowed significantly.

Near the close of trading, selling emerged and the Shanghai Stock Index fell again. The Shanghai Stock Index closed at 1895 points, down 33 points or 1.72%.

The U.S. stock market fell sharply due to market concerns about the U.S. financial system. Even though it was temporarily positive, it still fell.

Huang Shaokai couldn't help but said: "I can't figure out whether the stock market is going up or down."

Wu Zhankun said: "Of course it will fall in the future, and there are only a few stocks that are rising now."

Zhang Dexi: "Yes, real estate stocks fell the hardest today."

Wang Juehao was very excited: "Haha, we can buy a building."

Speaking of buildings, everyone is very excited. Blackshirt Insurance Company and Blackshirt Investment Bank both came from scratch. They are getting bigger and bigger and need a building as their headquarters.

"The real estate stock market is really depressed now, and the housing prices are also terrible." Wu Zhanhai couldn't help but lamented: "I don't know when the housing prices will fall to a low this year, but I'm sure I'll be bought halfway up the mountain by bargain hunting."

Lu Jianyan smiled and said: "Don't worry, it won't happen. If you look at the performance reports of those real estate developers, you can get a clear idea of ​​their performance prospects."

When it comes to performance reports and performance prospects, everyone is starting to look up today's real estate developers.

Real estate stocks are now under heavy selling pressure due to worries about performance prospects.

Only a few large real estate stocks, Country Garden, KWG, China Resources Land and China Overseas Development, rose.

Among them, Country Garden surged 8.33%, Tianyu Real Estate plunged 45%, while China Aoyuan, Hopson Development, Shimao Real Estate, Cheung Kong Holdings, New World Development Group, Swire Properties, Sino Land Group, Sun Hung Kai Properties, Far East Development, Wharf Real estate, Henderson Land... dozens of real estate stocks fell by more than 10%.

China Aoyuan lowered its annual sales target from 4 billion to 5 billion yuan to 1.4 billion to 1.8 billion yuan, a drop of more than 60%.

Coastal Homes has lowered its annual property sales target by 20% to 30%, and its property prices have also been reduced by 5% to 10%.

Because the real estate market is depressed, all major real estate developers are in mourning!

Naturally, it includes the opponents of Blackshirt Hedge Fund, New World Development Group and Sino Land Group!

Looking at New World Development Group and Sino Land Group, the stock price has fallen a lot today, and everyone is very happy.

New World Development Group's share price has fallen to HK$9.00 per share, while Sino Land Group's share price has fallen to HK$2 per share.

The main funds of the black shirt hedge funds are used to short New World Development Group and Sino Land Group.

On New World Development Group, black-shirted hedge funds shorted 100 million shares, with an average position of HK$40.00 per share. The current floating profit per share is HK$31, for a total floating profit of HK$3.1 billion.

On Sino Land Group, the black shirt hedge fund shorted 300 million shares, with a position of 7.00, and a floating profit of HK$5 per share, for a total floating profit of HK$1.5 billion.

Huang Shaokai couldn't help but ask: "BOSS, do we want to close our position now?"

Because their short position is very high, and now that the stock price has dropped very low, they may be able to start closing their positions.

Wang Guanxi couldn't help but laugh and said: "This is just the beginning. Wait slowly. When they can't bear it anymore and liquidate their positions on a large scale, or the capital chain of the two real estate groups is broken and they are finished, we will close the positions again."

It is only September now, and the financial tsunami has just arrived. The Huang Group and the Zheng Group have been trapped in so much cash flow by black-shirted hedge funds. How they can weather the storm this time is a problem.

The two real estate developers have so many employees, and their daily expenses are very high. Houses cannot be sold, many small companies have closed down, and rents have dropped significantly. The two real estate developers have suffered heavy losses.

In particular, the two real estate developers are hoarding land in the mainland and launching real estate projects. If they run out of money, the projects will have to be stopped.

At this moment, Zheng's consortium and Zheng Yuanfeng are under great pressure and are thinking about selling the equity of Dafu Securities.

But now that the stock price of Taifook Securities has fallen to shit, who would want it? If it is sold on the market, the stock price will fall even more miserably, and it will really fall below HK$0.10 by then.

Now the Zheng Group is short of money, and its New World Development Group and Chow Tai Fook are facing the possibility of a break in their capital chain.

The recession in the real estate market has made it difficult for New World Development Group to move forward. It is considering large-scale layoffs or selling land in the mainland.

But these lands were hoarded in the early years and the locations were very good, so he was reluctant to sell them.

Land in Hong Kong is even more valuable, and he is even more reluctant to sell it.

Now Chow Tai Fook's jewelry industry has suffered an unprecedented impact and is most short of money. He thought about it and planned to ask a Japanese consortium for help and let them get a loan.

As for the Huang Family Group, Huang Zhiyu also looked sad. The real estate industry was so depressed that the performance of Sino Real Estate Group, Sha Tsim Tsui Real Estate Group, and Sino Hotel Group was very, very bad.

The new properties that have just been completed in the Mainland have been discounted and no one is paying attention to them. It costs a lot of money every day. Now the company is very difficult.

He planned to sell the shares of Jiehao Financial Group, but Hong Tianwen of Jiehao Financial Group assured him that after Washington Mutual Bank was acquired at a premium, Jiehao Financial Group would make a lot of money, and the stock price would skyrocket by then, which reassured him. .

So Huang Zhiyu temporarily gave Hong Tianwen a chance, and it was also the last chance.

"I hope what Hong Tianwen said is true. Washington Mutual Bank was acquired at a premium!"

At the moment, in the news, Blackshirt Investment Bank has released a lot of news.

[Sino Real Estate Group’s capital chain may be broken]

[New World Development Group and New World Insurance Company were hit hard and are struggling to save themselves]

[Minghui Securities Company liquidated its position on the Hang Seng Index and became insolvent! 】

··

At this moment, Minghui Securities Company, Zhang Huiming's heart was numb. He never expected that this afternoon, the Hang Seng Index would soar by so many points, reaching 17120.

If he didn't take a heavy position yesterday to buy the bottom, or if he resisted not buying the bottom yesterday and came to buy the bottom today, then he would be completely prosperous.

"I hate it so much"

He clutched his hand so hard that his nails dug into the flesh of his palm, causing waves of stinging pain.

Yesterday, he bought the bottom of the Hang Seng Index at 17600, with 100,000 lots.

Then today, when the market opened in the morning, the Hang Seng Index plummeted, causing his account to be liquidated. He then continued to buy at the bottom, and his position was liquidated. Then he continued to buy at the bottom, and exited at a loss. In the end, he went short on the backhand, and his position was liquidated again, and he lost all his money. everything.

"You're paralyzed. If you make one wrong move, everything will be over. If I hadn't bought the bottom yesterday, I would have made billions if I had waited until I bought the bottom today!"

Zhang Huiming felt that it was a thought of heaven and a thought of hell.

Seeing the Black Shirt Investment Bank saying that Minghui Securities Company was insolvent, Zhang Huiming suddenly cursed: "You bastard, you bastard!"

At this time, his phone rang. It was a call from a vice president of Standard Chartered Bank named Zhang Xiaolei. After thinking for a while, he answered the call.

On the phone, Zhang Xiaolei said straight to the point: "Mr. Zhang, we plan to take back part of the 100 million loan."

Zhang Xiaolei is here to collect debts.

Because Minghui Securities Company is insolvent.

It is true that there was a huge loss on the Hang Seng Index.

Zhang Huiming immediately started to kneel and lick Zhang Xiaolei, the female banker, like a grandson, but it was useless. The more he knelt and licked, the less confident he was. The bank is not a charity, and it will give you help in times of need.

Zhang Xiaolei plans to take away a property that Minghui Securities Company just bought. It is a one-story property with a previous value of more than 100 million Hong Kong dollars.

Zhang Huiming had no choice but to delay.

He plans to sell Minghui Securities Company!

Currently, Minghui Securities has client assets of HK$15 billion. It has purchased the interest on the 18th floor of Xinghui Building. If Standard Chartered Bank comes to collect the debt, it will really be over.

So he kept calling people he knew to find the seller.

Blackshirt Investment Bank also learned that Zhang Huiming planned to sell Minghui Securities Company, so it offered a price of HK$30 million, but Zhang Huiming directly refused.

Blackshirt Investment Bank then offered another 50 million, and Zhang Huiming agreed.

Then I plan to go over and sign the contract.

Then he received a call from Feroz Sanghavi, the president of the Hong Kong branch of the Imperial Bank of India, directly saying that he would inject HK$100 million into Zhang Huiming.

So Zhang Huiming went directly to the Hong Kong branch of the Imperial Bank of India to accept the capital injection from Feroz Sanghavi!

After the capital injection, Zhang Huiming holds 33% of the shares, while Roz Sanghavi personally holds 67% of the shares.

Zhang Huiming continued to take charge of Minghui Securities Company. He said excitedly: "Mr. Feroze, thank you."

Feroz Sanghavi pulled his tie and said: "It's just a trivial matter. I also heard that you planned to sell the securities company to Black Shirt Investment Bank, so I injected capital into you. You are a very capable person." I am optimistic about you.”

Previously, Feroz Sanghavi provided Zhang Huiming with a hundred times leverage. Huiming earned HK$1 billion for the first time and HK$30 for the second time. However, his position was liquidated three times today.

What a shame.

Especially when Blackshirt Investment Bank wanted to acquire Minghui Securities Company, he naturally would not let Blackshirt Investment Bank succeed, so he used his own private funds to invest in Huixi Securities Company!

Didn’t Blackshirt Investment Bank offer HK$50 million?

I will directly invest 100 million!

Zhang Huiming said excitedly: "Mr. Feroz, from now on, I, Zhang Huiming, will be at your disposal."

At this time, his phone rang. It was Wu Zhanhai from Black Shirt Investment Bank, asking him why he still couldn't go through. Zhang Huiming explained the situation and had accepted the offer from Feroz Sanghavi, President of Imperial Bank of India's Hong Kong Branch. Private capital injection.

Wu Zhanhai, on the other hand, was a little unwilling and planned to spend HK$60 million to prevent Zhang Huiming from accepting Feroze Sanghavi's capital injection.

After all, after accepting the capital injection, Zhang Huiming will not get the money. If Minghui Securities is sold to Blackshirt Investment Bank, then Zhang Huiming can get 60 million Hong Kong dollars.

"Mr. Zhang, please don't break your promise."

"Mr. Wu, please talk to Mr. Feroze. If he agrees, I will sell it to you."

Zhang Huiming handed the phone to Feroz Sanghavi with a wry smile!

Feroz Sanghavi said with a sneer: "Mr. Wu, we have nothing to talk about."

"Why?" Wu Zhanhai asked puzzledly.

Feroze Sanghavi casually said: "You are not worthy"

This condescending and arrogant attitude made Wu Zhanhai very angry.

After ending the phone call, Wu Zhanhai told his boss Wang Guanxi about the incident.

Wang Guanxi was stunned and suddenly thought of Feroz Sanghavi who was at Koala International Investment Bank that day!

"Good guy, are we not worthy?"

"Don't give me a chance!"