Rebirth of the Financial Crisis Sweeping the World

Fall in love with your reading website, rebirth of financial crisis sweeping the world

The next day, Wednesday, October 8th.

Wang Guanxi arrived at the Blackshirt Group headquarters early.

The horses are all here.

I had a day off yesterday and basically went to worship my ancestors.

Today we will continue to fight in the financial market. There is nothing more exciting and exciting than fighting in the financial market.

It's only 8 o'clock now, and everyone is very happy to eat the unique breakfast sent by the hotel.

The U.S. stock market plummeted again last night, and the information in the media is full of panic.

[The New York stock market has fallen for 5 consecutive days, with the three major stock indexes all falling by more than 5% on October 7]

[S\u0026P 500 falls below 1,000 points and hits 5-year low]

As investors worried about the outlook for the U.S. economy, the New York stock market fell for the fifth consecutive day on the 7th. All three major stock indexes fell by more than 5%, with the Dow Jones Index falling by more than 500 points.

"BOSS, you are here"

"BOSS, the US stock market plummeted again last night"

"Haha, this financial crisis is getting worse and worse"

"When I woke up this morning, I opened the stock market and saw that everything was down."

"Hey, I thought the stock market would rise, but unexpectedly it plummeted again."

"The stock market is expected to fall for many more days."

Everyone gets excited when talking about the stock market drop.

Wang Guanxi nodded, walked over to have breakfast, and then asked: "Where have the stock prices of Citibank, Wells Fargo, and Bank of America fallen now?"

Fund No. 2 is currently shorting Citibank.

Fund No. 3 shorted Wells Fargo.

Fund No. 4 was short Bank of America Corporation.

The three fund accounts are managed by Ma Zai respectively.

Because of Liu Changyu's death yesterday, Wang Guanxi couldn't sleep well all night, and he kept thinking about what happened yesterday.

When he got up this morning, he didn't have the heart to pay attention to the stock market. He was always a little afraid of ghosts when he was alone in the room, so he washed up and hurried to the company.

There are a lot of people here, and there are a lot of people talking. When I don't take care of anyone, I feel like ghosts will suddenly appear around me.

Especially at night, one is really afraid of ghosts.

At this time, Huang Shaokai said excitedly: "BOSS, Citibank's stock price fell to $154 per share last night!"

Last night Citibank's stock price fell from a high of $184 per share to $154 per share.

It dropped a full $30.

Fund No. 2 holds 5 million short shares, with a position of $213 per share, a floating profit of $295 million, and a net floating account value of $1.315 billion.

Zhang Dexi said excitedly: "BOSS, last night a lot of money entered the market to buy Wells Fargo's stock. It first shot up to US$35 per share, but in the end its stock price fell to US$30 per share."

Fund No. 3 holds a short order of 100 million shares of Wells Fargo, with a position of $40 per share, a floating profit of $1 billion in the account, and a net value of $4.4 billion.

Wu Zhankun said with great enthusiasm: "The stock price of Bank of America was hit hard last night. It jumped by 2 US dollars at the opening and fell all the way, finally falling to 24 US dollars per share."

Fund No. 4 shorted 40 million shares of Bank of America Corp., with a position of $38.00 per share, with a floating profit of $560 million and a net account value of $2.08 billion.

The total floating profit was US$1.855 billion.

Wang Guanxi was very happy in his heart, "It's very good. Calculated in Hong Kong dollars, that's 14.3 billion."

The Hong Kong Forbes list has been released before, and Wang Guanxi’s net worth has just entered the top ten richest people in Hong Kong.

Didn't make it into the top five.

And the first place, Li Jiacheng is worth 250 billion Hong Kong dollars.

The second place is the three brothers of the Kwok consortium, with a net worth of HK$190 billion.

The third place is Li Zhaoji, worth HK$180 billion.

···

Black Shirt Insurance Company has a lot of cash flow, but its net assets are not much.

Blackshirt Investment Bank, Blackshirt International Trust Company, Blackshirt Hotel Group, and Blackshirt Leasing Holdings are not worth much together.

It currently owes HK$26.4 billion to Wing Hang Bank and a total of US$320 million to Bank of Baroda, Indian Overseas Bank and United Bank of India.

There is still US$2.064 billion in spare funds in the black shirt hedge fund account, and Wang Guanxi plans to use these funds to buy Exxon Mobil or Chevron Oil Company at the bottom.

In fact, the net assets of the entire Blackshirt Group are not very large, and they are not even among the top ten financial groups in Hong Kong.

There are also some real companies under its umbrella. Among the older generation of Hong Kong consortiums, there is insufficient foundation. No wonder Zheng Yuanfeng of the Zheng Consortium is a black-shirted group or a nouveau riche, and looks down on the black-shirted group.

Although Blackshirt Group is now among the top 20 consortiums in Hong Kong, it is still far away from the top ten consortiums.

Coupled with the fact that there is no real industry, even among the older generation of consortiums, Black Shirt Group is probably not looked down upon.

These old consortiums control a large number of real industries and are the masters of steadily cutting leeks. The Black Shirt Group only became rich during the financial crisis. Once the financial crisis is over, the Black Shirt Group's income will be very small. What a pity.

Therefore, it seems normal that the Black Shirt Consortium is looked down upon by others.

Although the Zheng Consortium and the Huang Consortium suffered heavy losses, they were not fatal.

They were just dragged into the pit of fire by the Hong Alliance.

The Black Shirt Group took advantage of the outbreak of the financial crisis and was caught off guard.

Once the financial crisis is over and the real estate industry picks up, they will soon be able to return with full blood.

At that time, the Black Shirt Consortium will have to face the Huang Consortium, the Zheng Consortium, and even more consortiums.

Because Hong Kong is such a small place, everyone has their own industrial territory and cooperates extensively with each other, so the Black Shirt Group will not be involved.

Once the Black Shirt Group wants to get involved and impact their interests, they will definitely be surrounded by everyone.

Then Wang Guanxi said: "After this financial crisis, the Black Shirt Group will truly be among the top ten financial groups in Hong Kong."

In fact, the Hong Kong Forbes rich list is just the net worth of Hong Kong's richest people, and the assets of the consortium controlled by these rich people are far more than the above amount.

For example, Li Jiacheng is worth 250 billion Hong Kong dollars, but the assets of the Li Group are far more than 250 billion Hong Kong dollars.

"Yes, BOSS." Everyone was very excited and looking forward to hearing that the Black Shirt Group had become one of the top ten financial groups in Hong Kong.

They did not expect that one day they would become the boss of a consortium and one of the top ten consortiums in Hong Kong.

At this time, Wang Guanxi said again: "The U.S. stock market plummeted last night, and the Hong Kong stock market will also plummet today. Let's see what happens when the Hong Kong stock market opens today."

Fund No. 1 is currently shorting the Hang Seng Index, with 60,000 lots, and the position is 19950.

Black Shirt Insurance Company is shorting 260 million shares of HSBC Hong Kong, with a position of HK$120 per share.

Yesterday was the Double Ninth Festival, a legal holiday in Hong Kong, and the stock market was closed.

Otherwise, the Hong Kong stock market would have plummeted yesterday.

However, although the market is closed for a day, it will plummet sharply today.

Wang Guanxi has special expectations for this.

Huang Shaokai said excitedly: "The Hang Seng Index must have jumped short."

Zhang Dexi also said: "The U.S. stock market plummeted last night, and the Hang Seng Index will definitely jump over 300 points when it opens today."

Wu Zhankun said: "I think it is possible to jump 500 points."

Wang Juehao guessed: "The jump will be more than 500 points."

Bai Weiqiang also said: "I think it must have jumped more than 600 points."

More than 600 points?

This is scary.

If it falls another few hundred points, the Hang Seng Index will hit a record low today.

Wu Zhanhai said: "The Hang Seng Index will reach a new low."

Wu Hongsheng said: "I don't know how the Indians feel now."

Li Guangyu laughed: "I guess his expression is the same as his dead parents."

Lu Jianyan chuckled: "India's huge financial giants have shut up in the media. It seems that they have lost a lot of money on their books."

Guan Zhenyi also said: "They must have been frightened by the plunge in US stocks last night."

Lin Jiyang said excitedly: "Not only the major banks in India, but also Dao Heng Securities, CLSA...all shut up."

Several major banking giants in India, as well as the seven major securities companies of the Black Shirt Alliance, are all mute because they have always been bullish on the stock market.

Talking all day about the large-scale bailout of the U.S. market and the Fed's interest rate cuts will definitely make the stock market soar.

The results of it?

The U.S. rescue plan of 7,000 US dollars came out, and then the stock market turned around and began to plummet. This was a naked slap in the face, a ruthless hammer in the face.

The so-called interest rate cut by the Federal Reserve is just a hollow shot, and there has been no action from the Federal Reserve.

However, the Reserve Bank of Australia suddenly announced that it would cut interest rates, which stimulated the stock market and caused the Australian stock market to rise a lot yesterday.

It’s just that few institutions have talked about interest rate cuts in the Australian industry.

Wang Guanxi said: "Now the Indians are all trapped, and they will definitely suffer losses next time!"

After the implementation of the US$700 billion bailout plan in the United States, the benefits of the stock market were exhausted, leading to a Black Monday in global stock markets. Yesterday, on Tuesday, the stock market continued to plummet.

This shows that the financial crisis is getting worse and worse, and the so-called US$700 billion bailout plan is just a drop in the bucket.

“Let’s take a look at how many points the Hang Seng Index will jump when it opens today.”

"I hope it's over 600 points!"

"Wait for the Hang Seng Index to open!"

"You guys keep an eye on the board, I'll go to the lounge and take a rest."

“I didn’t sleep well last night”

After speaking, Wang Guanxi left the trading room and went to the lounge.

Because of Liu Changyu's death, he really didn't sleep well last night and even dreamed of ghosts.

Now he has to catch up on some sleep at the company.

But after leaving the trading room, he did not forget to shout: "If the Indians call to negotiate, ignore them."

"Yes, BOSS"

··

At this moment, everyone in the trading room of the Imperial Bank of India Building looked very unhappy, feeling depressed, lost, helpless, haggard, worried, frightened, and uneasy.

Nehru, Sandeep Batra, Ratan Tata, Feroze Sanghavi, Anand Mahindra, Raju Shroff, Jirayu Amin, seven people interested in having breakfast today nothing.

Nehru of India's private pension fund was so angry that he had just finished drinking ordinary milk and threw it into the trash can. He said with a serious face: "Damn, I had a good dream last night. I didn't expect to wake up this morning and see the stock market drop. The situation was so miserable that Citibank’s stock price dropped to $154 per share.”

India's private pension fund holds 5 million shares of Citibank, with a position of $136 per share. The floating profit on the book is getting smaller and smaller, and the floating profit may turn into a floating loss.

Nehru was extremely depressed.

Sandeep Batra of Industrial Trust and Investment Bank of India also said: "Citibank has fallen too hard, and so has Wells Fargo. I don't know if it can hold up tonight!"

Industrial Trust and Investment Bank of India holds 6 million shares of Citibank, with a position of $215 per share. Now Citibank's stock price has dropped to astonishingly $136 per share, and the losses are increasing, which makes him crazy. Incomparable.

In particular, Wells Fargo suffered the worst losses, with Wells Fargo's stock price falling to $30 per share!

The Bank of India Industrial Trust holds 50 million shares of Wells Fargo, with an average position of $22 per share. The profit on the books is very small. Once Wells Fargo's stock price falls below $30 per share, it will be terrible.

Maybe after a while, Wells Fargo's stock price fell to $20 per share.

They went from floating profits to floating losses.

The Blackshirt Group has so much money on its books.

This was intolerable to him, but there was nothing he could do about it.

Anand Mahindra of the Bank of Baroda in India poked his beard hard and said with great regret: "Oh, I was impatient before. I entered the market early to be long on Wells Fargo, and the stock price of Blackshirt Group was higher. When we were at a high position, we started fighting and wanted to trap them, but I didn’t expect that I would be the one trapped. Damn it! The stock price of Wells Fargo has never reached 40 US dollars per share.”

The Bank of Baroda in India holds 100 million shares of Wells Fargo, with a position of $40.00 per share, resulting in heavy losses, and Wells Fargo's stock price may fall below $30.00 per share at any time in the coming days.

At that time, the floating losses on the books will be even greater.

And the profits on the books of the Black Shirt Group were increasing, and he was extremely jealous and angry in his heart.

Feroz Sanghavi of the Imperial Bank of India also said with an extremely gloomy face: "Wells Fargo is still being supported at US$30 per share, while Bank of America's stock price has dropped to as low as US$24 per share. !”

The Imperial Bank of India holds 40 million shares of Bank of America and has lent it to the Blackshirt Group for short selling. Blackshirt Group will make a profit as much as the amount of floating losses on their books. This makes him unable to balance his heart. He is extremely unhappy. happy.

Jirayu Amin of Union Bank of India pulled hard on his long curly hair and cursed: "This damn American Bank!"

"The bulls in these markets are a bunch of rubbish, cowards, and rubbish. They couldn't hold on and let the stock price fall below $30 per share."

“Now it’s fucking down to $24 a share.”

"I really hate it!"

Their Union Bank of India holds 100 million shares of Bank of America Corporation. The position was established at US$37 per share. Now the stock price has dropped to US$24 per share, resulting in extremely heavy losses.

The Black Shirt Group is making a lot of money, and the hatred in his heart is like water from all the lakes pouring back!

Ratan Tata from the Tata Group said in horror: "The U.S. stock market plummeted again last night, and bank stocks fell miserably. When the Hong Kong stock market opens today, the stock price of HSBC Hong Kong will definitely plummet!"

Their Tata consortium holds 150 million shares of HSBC Hong Kong, with a position of HK$80 per share, which they bought in 2003.

Currently, these 150 million shares have been lent to Blackshirt Insurance Company to short HSBC Bank, with an interest rate of 1.2% per month.

He really didn't like to see the stock price of HSBC Hong Kong continue to fall, because the losses on the books were far greater than the interest paid to them by the black shirt insurance company!

Raju Shroff of Indian Overseas Bank raised his big red glasses and said with a cold face: "I want to see where the stock market can fall!"

"I don't believe that HSBC's stock price can fall below HK$100 per share!"

Indian Overseas Bank holds 300 million shares of HSBC Hong Kong, with a position of HK$120.00 per share, and a lot of floating losses on the books.

The U.S. stock market plummeted last night, and the Hong Kong stock market opened today, which is bound to plummet.

I don’t know how HSBC’s share price will fall.

Ratan Tata: "The Hong Kong stock market will open soon. I hope it won't fall too hard."

Raju Shroff: "It's okay, I'll just carry it!"

Soon the Hong Kong stock market also opened.

The Hang Seng Index jumped directly!

A total of 623 points were missed!

On Monday, the Hang Seng Index closed at 16803, but the market was closed for the Double Ninth Festival on Tuesday. The U.S. stock market plummeted that night. Today, the Hong Kong stock market opened, and the Hang Seng Index opened directly at 16180!

Retail investors and investors are all stupid.

"OMG!"

“It jumped so much”

"It's over, it's over"

"I'm so numb, I'm out of stock."

"Fuck, you are really unlucky for eight lifetimes!"

"I heard that Black Shirt Investment Bank shorted the Hang Seng Index. I don't know if it's true?"

"If it were true, it would be a huge profit."

"It must be true. The analysts at Blackshirt Investment Bank have been short on the Hang Seng Index before."

"Oh, the stock market rose sharply before, and I didn't believe it anymore. I didn't expect the stock market to fall so badly now."

"Fuck, it's been falling for a few days, Blackshirt Investment Bank is totally right."

“I should never have listened to Dow Jones and CLSA’s views before”

"Alas, I was tricked by Daoheng Securities and CLSA."

"My fucking position is all liquidated"

"Oh, this"

··

Amid the regrets, fears, and pessimism of retail investors and small investors, time passed quickly.

The Hang Seng Index also continued to fall.

16000

15900

15750

15680

15500, closing.

Hong Kong stocks also fell across the board.

However, the share price of HSBC Hong Kong did not drop much, only falling to HK$106 per share.

Hang Seng Bank fell to HK$62 per share.

Kill the Blackshirt Alliance.

Jiao Xiongbing of Daoheng Securities and Adolf Roguli of CLSA were furious.

"When will the stock market fall?"

"Sigh, HSBC's share price didn't fall much. I didn't expect Hang Seng Bank's share price to fall so badly."

They hold 61 million shares of Hang Seng Bank. The position was established at HK$81.96 per share. Now the stock price has dropped to HK$62.00 per share. Not to mention how depressing it is.

Li Songwei from Yiqun Securities, You Zhenxuan from OPPO Securities, Jiang Jiwei from Dali Securities, Yue Runlin from Gaoxin Securities, and Ju Debiao from Fengnian Securities were very excited.

They had planned to buy the Hang Seng Index at the bottom before, but in order to prevent accidents, they did not do it.

Now that the Hang Seng Index has plummeted so many points again, it has fallen to 15,500, and everyone is ready to make a move.

Li Songwei asked: "Can we buy the bottom of the Hang Seng Index tomorrow?"

You Zhenxuan: "It seems okay."

Jiang Jiwei: “Let’s wait a little longer.”

Yue Runlin: "Tomorrow?"

Ju Debiao: "It will be the day after tomorrow. The stock market is still in a very weak state."

"Then it will be the day after tomorrow." The other four people agreed.

They lost US$1.09 billion on Wachovia Bank before. This time they want to make it back on the Hang Seng Index, but this is not an easy task.

They need to seize the best opportunity to buy the Hang Seng Index at the bottom.

As for the Black Shirt Group, everyone was extremely excited.

Huang Shaokai laughed: "Haha, the Hang Seng Index fell so miserably today."

Wu Zhankun: "Yeah, it's fucking dropped to 15,500."

Zhang Dexi: "A new low again"

Wang Juehao: “I don’t know where I will fall.”

Bai Weiqiang: "It is possible to fall below 14,000 points in the future."

Wu Zhanhai: "It's a pity that the stock prices of HSBC and Hang Seng Bank did not fall much today."

Wu Hongsheng: "But fortunately, Daoheng Securities and CLSA were trapped in Hang Seng Bank."

Li Guangyu: "Let Daoheng Securities, CLSA have been against us before"

Lu Jianyan: "Today the stock prices of New World Discovery Group and Sino Land Group fell miserably."

Guan Zhenyi: "The same is true for the companies in the Hong Alliance. They are finished."

Lin Jiyang: "Just waiting to harvest them"

At this time, Wang Guanxi also woke up and came to the trading room.

I slept for most of the day.

"BOSS!" Everyone shouted in unison.

"Well, where did the Hang Seng Index fall?" Wang Guanxi yawned.

Huang Shaokai said excitedly: "It has fallen to 15,500."

When Wang Guanxi heard this, he was immediately excited.

Fund No. 1 holds 60,000 short orders of the Hang Seng Index. The position is 19950. The fluctuation of one point is HK$3 million. The floating profit is 4450 points. The total floating profit is 133.5. The net account value is HK$19.85 billion.

It will soon exceed HK$20 billion.

Just thinking about it makes me excited.

The only small regret is that HSBC's share price did not fall much.

However, the stock price of Tengxun Group has fallen significantly, and its market value has fallen below the 90 billion Hong Kong dollar mark, falling to 86.3 billion Hong Kong dollars.

The current stock price of Tengxun is HK$45 per share, and the total share capital is 1.919 billion shares. Of course, Tengxun Group will split its shares into 5 shares in the future, and the total share capital will be 9.595 billion shares. Of course, this will happen many years later. It’s only 2008 now.

This is the historical status of Tengxun’s stock price and its market value.

The future market value will reach HK$7.4 trillion.

Just thinking about it makes me excited.

But now is not the time to buy Tengxun Group at the bottom. Wang Guanxi hopes that its stock price will continue to fall. When it falls below 40 Hong Kong dollars per share, it will be the time for Blackshirt Group to buy at the bottom.

At this time, Huang Shaokai asked: "BOSS, should we buy the Tengxun Group now?"

Zhang Dexi: "Now the black shirt hedge funds still have 2.064 billion Hong Kong dollars. The stock prices of Exxon Mobil and Chevron are quite high. It seems that they are not easy to buy at the bottom."

Wu Zhankun also said: "How about we earn hundreds of millions of dollars and buy Tengxun Group first?"

Wang Guanxi thought for a while and said: "No need for the time being, the stock price of Tengxun Group will continue to fall."

"You large institutions that have recently begun to hold Tengxun Group shares continuously will buy their shares when the time comes."

"Now there is still US$2.064 billion in spare funds in the Black Shirt hedge fund account, and we must make another fortune in the US stock market."

"Keep an eye on the stock prices of Exxon Mobil and Chevron in the past two days."

"Yes, BOSS" everyone was very excited.