Rebirth of the Financial Crisis Sweeping the World

After Fund No. 2 closed its position, Citibank's stock price counterattacked from $39.00 per share.

It hit around $43.00 per share.

Although Citibank's stock price rose by $4 due to the liquidation of Fund No. 2, it was immediately suppressed and began to fall.

However, it was temporarily supported when it fell to $40.00 per share.

Many shorts have closed their positions here, or many longs have entered the market to buy the dip.

After all, since the outbreak of the financial crisis, Citibank's stock price has dropped from US$210 per share to the current US$40 per share. In the eyes of many investors, it is already very low, and it is time to buy the bottom.

Wang Guanxi couldn't help but said: "Citibank's stock has gained support, and I don't know what will happen next."

He knew that Citibank's stock price would still fall, but it could rise sharply and then turn back down.

This time I closed my position in Citibank shares just to make two more operations and make two more money.

Then he asked; "How much money did Fund No. 2 make this time?"

Huang Shaokai quickly said: "BOSS, this time Fund No. 2 made a total of 860 million U.S. dollars from Citibank."

Fund No. 2 shorted 5 million shares of Citibank, opening the position at $213 per share and closing the position at $41 per share.

Calculating that, the profit per share is US$172, and 5 million shares is US$860 million.

The principal of Citibank's operation this time was US$1.032 billion. Adding profits, it was US$1.892 billion.

Wang Guanxi ordered: "Withdraw 92 million US dollars, first, to pay the interest on private pensions in India, and the rest as bonuses, as well as the daily operating funds of the foundation, to pay interest elsewhere."

The period of short selling Citibank stock lasted for more than 3 months, and the interest alone amounted to more than 50 million US dollars.

Fortunately, after earning US$860 million, the US$50 million in interest is not too much.

But Wang Guanxi also shorted Wells Fargo, Bank of America Corporation, and HSBC Hong Kong.

It still owes HK$26.4 billion to Wing Hang Bank.

It owes a total of US$320 million to Union Bank of India, Bank of Baroda and Indian Overseas Bank.

Owes $750 million to Bank of East Asia.

Huge interest payments are also required every day.

"Yes, BOSS" Everyone immediately complied, and soon Fund No. 2 had US$1.8 billion left.

Citibank's stock price is still at 40.00, unable to fall or rise.

Wang Guanxi now plans to buy Citibank at the bottom, but he does not want to buy large sums directly on the stock market. In this case, the stock price will rise a lot.

So he ordered: "Call Nehru of India Private Pension Fund and Sandeep Batra of Industrial Trust and Investment Bank of India immediately!"

"Tell these two Indians that we, the Black Shirt Insurance Company, will buy their Citibank shares at market prices."

"Yes, BOSS" Huang Shaokai and Wu Zhankun called Nehru and Sandeep Batra respectively.

Then the other party wants to talk to Wang Guanxi in person, and Wang Guanxi expects the other party to give in.

Nehru responded on the phone: "Are you, the Black Shirt Group, a bad guy? Do you think I would be stupid enough to sell you Citibank's stock price at $40 per share?"

Indian private pension funds currently hold 5 million Citibank shares.

The position for establishing a position is $136 per share!

Today, Citibank's stock price has fallen to $40 per share, with $480 million on the books.

He will never sell Citibank shares!

“I will hold on to the end and even increase my position in Citibank!”

"How could I sell it to you?"

"Wang Guanxi, stop dreaming."

"You think I'm stupid enough to sell it to you for $40 a share?"

“$136 per share, not bad”

Nehru said it directly in one breath.

Wang Guanxi laughed and said: "Nehru, stop dreaming, I want to see how long you can carry it!"

"You will regret it later!"

"I'm telling you, from now on, even if you sell it to me for $20 per share, I won't take it."

Nehru chuckled: "We'll see!"

Then Wang Guanxi chatted with Sandeep Batra of Industrial Trust and Investment Bank of India.

Sandeep Batra sneered inwardly and said: "Wang Guanxi, you are really my friend. Just give me $200 per share, right?"

Wang Guanxi laughed: "Sandeep Batra, are you kidding me? Do you think it's possible?"

Sandeep Batra: "You teased me first. Do you think I will sell it to you at $40 per share?"

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 $40 per share, with a book loss of up to $1.05 billion!

How could he possibly sell these shares?

At this time, Wang Guanxi said: "Don't regret it. Citibank's stock price will only get lower and lower in the future, and it will trap you!"

Sandeep Batra laughed: "You said Citibank's stock price is getting lower and lower, so why are you buying it?"

Wang Guanxi smiled and said: "I plan to join the board of directors of Citibank. I will give you a price of US$42 per share. You should think about it."

Sandeep Batra: "Haha, what's there to consider? If you give me $200 per share, I might consider it."

Wang Guanxi smiled and said: "How about 44 US dollars per share? If you don't sell it now, it will be even lower in the future. I only gave you the price of 44 US dollars per share because we are old acquaintances. You'd better think about it carefully." , if you miss now, the stock price will only get lower and lower in the future.”

Sandeep Batra: "Haha, I plan to get it for more than 10 years, so you don't have to worry about it."

After ending the call, Wang Guanxi sat helplessly on the sofa chair, his eyes fixed on Citibank's stock price chart!

Citibank's stock price was supported at $40 per share.

Huang Shaokai couldn't help but ask: "BOSS, are we going to buy Citibank at the bottom now?"

Now it seems that the share price of Citibank cannot fall any further. It is quite suitable to buy the bottom here.

Zhang Dexi saw that Citibank's stock price seemed to be nailed above 40 US dollars per share, and said excitedly: "Now many investors seem to be buying Citibank at the bottom. Maybe we can give it a try."

Wang Guanxi thought for a moment and said, "Don't worry, wait another half an hour until it drops below $40 per share."

Soon after half an hour passed, Citibank's stock price rose by $2, reaching $42 per share.

Wu Zhankun: "BOSS, it's 42 US dollars per share. There are many financial institutions buying the bottom below."

Wang Guanxi thought for a moment and said, "Wait a little longer!"

Unless Citibank's stock falls below $40 per share, he won't enter the market and go long.

Fifteen minutes later, Citibank's stock price hit $44 per share.

Wang Juehao couldn't help but said: "BOSS, Citibank's stock price has become so strong, someone must be buying the bottom with a lot of money!"

Bai Weiqiang said: "Maybe it is possible to close the short position!"

Citibank's stock price has risen sharply. Naturally, there are people buying in the market. But if someone buys, it may be a long purchase or a short position closing, because the short position closing is equivalent to a purchase in the market.

For example, if you short 20 million shares of Citibank, then when you close your position, you have to buy 20 million shares in the market.

Wang Guanxi: “Both are possible, keep waiting!”

Then Citibank's stock price rose again by $1, to $45 per share.

After waiting for so long, Citibank's stock price has not yet dropped, which makes Wang Guanxi a little irritable.

"Damn it, who is doing the long trade?"

“Or is that financial institution shorting Citibank in a big way and then closing the position?”

At this time a message came out.

Soros Quantum Fund: While Citibank may go bankrupt, it also may get out of trouble quickly.

Wall Street Journal: Citibank’s stock was shorted by Soros Quantum Fund

Huang Shaokai couldn't help but said: "Is the Soros Quantum Fund buying the bottom now, or are they going to close the short order on Citibank again?"

Zhang Dexi also asked: "This Soros may be closing his position."

Wu Zhankun: "No wonder Citibank's stock price keeps rising, but it doesn't give us a chance to buy."

Wang Guanxi said: "Then wait until Soros closes his position!"

At this time another message came.

Fairfield Greenwich (Faird Group) founder Feld said: Citibank will go bankrupt and its stock price will plummet.

Wang Guanxi was stunned: "Isn't this Feld Group a victim of Bernard Madoff's $65 billion fraud case?"

Wang Juehao: "Yes, the Feld Group lost US$7.5 billion in a US$65 billion fraud case."

Bai Weiqiang: "I didn't expect that the Feld Group would also continue to be short on Citibank."

Wang Guanxi said: "You keep an eye on the stock and see what tricks Soros and Feld are playing. If Citibank's stock price falls below 40 US dollars per share, we will go long."

"Yes, BOSS"

··

Right now, America.

Soros Quantum Fund Headquarters.

There were two big guys sitting at both ends of the tea seat.

They are Soros of Quantum Fund and Feld, founder of Feld Group.

This time Soros and Feld jointly shorted Citibank.

Today I closed all my short positions and made billions of dollars.

Soros said: "Feld, I don't plan to continue shorting this Citibank stock. Let's split the money."

Feld nodded: "No problem."

Then he added: "But I think Citibank's stock price will continue to plummet in the future, so I plan to continue to short Citibank with a capital of US$1.8 billion."

Soros pondered for a moment and said: "Then I will support you with $200 million."

"OK" Feld drank the tea in one gulp.

Then Luojia Powers, the vice president of Soros Quantum Fund, came up and poured tea for the two bosses again.

Feld added: "I was defrauded of $7.5 billion by Bernard Madoff this time. I will not let him go."

Soros: "Are you going to kill him? He is a public figure and very famous. If you kill him now, you won't get any money. That will get you into trouble. There is no need to kill him and let him stay in prison until he dies. Bar"

Feld thought for a while and said fiercely: "Bernard Madoff, that bastard, has lied to me for many years. I will make him die slowly and worse than death!"

"Thank you so much this time for taking me short Citibank and letting me make some money back!"

The Feld Group was once again defrauded of US$7.5 billion by Bernard Madoff, which was a huge loss. Fortunately, it jointly shorted Citibank with Soros and made a profit of US$1.8 billion.

He plans to use the US$1.8 billion to continue shorting Citibank, and Soros expressed his support for US$200 million, which is the best.

Soros thought for a while and said: "Citibank's stock price has fallen very low this time. It is a historical position. I hope you will be cautious."

Feld smiled and said: "Don't worry, you are still here."

Soros smiled: "Then go short. Just ask the major shareholders of Citibank to borrow the stocks. These guys have held shares for more than decades, and they are very happy to borrow stocks."

Feld: "Okay, let's call and continue borrowing stocks."

The next day, January 2nd, Friday.

At the opening of the U.S. stock market, Citibank was once again jointly shorted by Soros and Feld.

The last time they were short-selling at a high level, they used more than 10 billion US dollars to short Citigroup and made nearly 4 billion US dollars. This time, the short position was low and the risk was much higher, so they did not use a lot of funds.

Soros Quantum Fund US$200 million and Feld Group US$1.8 billion.

Citibank's stock price fell from $45 per share.

44.80

44.50

44.30

··

In the center of the black shirt, Wang Guanxi: "Isn't Soros short-selling again?"

Huang Shaokai said: "It must be Soros who is taking action."

Zhang Dexi: "BOSS, do we want to stop Soros and the Feld Group?"

Wang Guanxi nodded: "Of course we have to block it, but we have to wait for the opportunity."

Wu Zhankun: "BOSS, I don't know how far Citibank's stock price will fall. Are we going to stop Soros tonight?"

Wang Guanxi nodded: "Well, it's tonight, we won't wait until next week."

Wang Juehao asked: "BOSS, should we buy now or wait until it falls below 40.00?"

Bai Weiqiang: "Both Soros and Feld are very difficult to deal with. They are both financial tycoons on Wall Street."

Wang Guanxi said calmly: "The fact that Feld was defrauded of US$7.5 billion by Bernard Madoff shows that sometimes the brain is not easy to use."

"Now start slowly buying Citibank shares. They are shorting, so we will buy quietly!"

"Yes, BOSS" Then everyone started buying Citibank shares.

100,000 shares!

200,000 shares!

250,000 shares!

400,000 shares!

350,000 shares!

300,000 shares!

···

Although Fund No. 2 is buying, it is buying little, while Soros Quantum Fund and Feld Group are shorting heavily!

Citibank's stock price plummets!

It has fallen from $44 per share.

43

42

41

40

··

38

37

36

Wang Guanxi shouted: "Increase buying and push up Citibank's stock price."

"Yes, B0SS" Everyone immediately increased their buying.

2 million shares!

3 million shares!

3.5 million shares!

2.5 million shares!

4 million shares!

··

Citibank's stock price has started to rise!

36

37

38

··、

Soros: "Feld, we are blocked"

Feld: "It's okay. When the stock price rises, we will go short again!"

And Citibank’s stock price is still rising!

40

41

42

43

44

Finally stopped!

Because of the forced increase in Citibank's stock price, Wang Guanxi's No. 2 Fund ran out of US$1.8 billion in funds!