Rebirth of the Financial Crisis Sweeping the World

"It's BOSS." Then the horses went to count the floating profits.

Wang Guanxi leaned on the sofa chair a little tiredly and closed his eyes.

This time, a total of 250 million shares of Wells Fargo were shorted. For two whole nights, everyone was fighting in the financial market, which kept people in a state of excitement.

Now that the task of shorting Wells Fargo has come to an end, the bulls in the market have collapsed and are trapped.

The next step is to lie down and collect money.

Wells Fargo's stock price will continue to fall in the future.

The financial crisis is still intensifying, and the stock prices of Wells Fargo, Citibank, Bank of America Corporation, and HSBC have not yet reached the bottom.

At this time, Huang Shaokai came over excitedly and said: "BOSS, our No. 3 Fund has a surplus of US$1.5 billion on its account."

This time Fund No. 3 shorted 250 million shares of Wells Fargo stock, with an average position of $20 per share.

Today, Wells Fargo's stock price has dropped to $14 per share, with an floating profit of $6 per share, and 250 million shares, which is a floating profit of $1.5 billion.

US$1.5 billion, calculated in Hong Kong dollars, is HK$11.6 billion.

"BOSS, our profit exceeded 10 billion in a single day!" Zhang Dexi almost jumped up with excitement.

"BOSS, the net account value of Fund No. 3 is as high as US$7.3 billion," Wu Zhankun was even more excited.

Wang Guanxi was also very satisfied, "Very good. The net value of Fund No. 3 is US$7.3 billion, which is HK$56.5 billion."

Wang Juehao also said excitedly: "BOSS, with HK$56.5 billion, it is completely superior to the top ten financial groups in Hong Kong."

Bai Weiqiang also said: "Our old rivals Huang's Consortium and Zheng's Consortium may not have as much assets combined as No. 3 Fund now."

The market values ​​of the two listed companies of the Huang Group and the Zheng Group are still shrinking and are languishing.

In fact, it can already be kicked out of the top ten financial groups.

However, they hold a large amount of real estate assets. Once the real estate industry picks up, their assets will soon expand, and then their debts will be paid off, and the market value of the two consortium companies will also rebound quickly.

Wang Guanxi smiled lightly: "Huang Consortium and Zheng Consortium, after we are done, we must repair them properly."

In the previous financial war, the Hong Alliance was finished, and the Huang Consortium and the Zheng Consortium were also severely damaged. The financial crisis brought them to the verge of breaking their capital chain. Now they are busy saving themselves and joining forces with Wang Guanxi's opponents. They came together to suppress the development of the Black Shirt Group, and Wang Guanxi was also busy investing and making money. After he was done, Kendi wanted to repair the Huang Group and the Zheng Group.

"The Huang Family Group and the Zheng Family Group have been colluding with the Shangri-La Hotel Group, the Black Shirt Eradication Alliance, Sumitomo Insurance under the Sumitomo Group, the Ala Group in the Philippines, and the seven major financial giants in India to oppose us."

"In the future, we will set up real estate companies, retail companies, freight companies, logistics companies, and jewelry companies to snatch the business of Huang's consortium and Zheng's consortium."

"Let's see how much money they still have to fight with us!"

After saying this, Wang Guanxi grabbed the teacup with all his strength.

Huang Shao laughed and said: "BOSS, now the net worth of our No. 1 Fund, No. 2 Fund, No. 3 Fund, and No. 4 Fund has crushed them."

Fund No. 1 holds shares in Huntington Bank and shares in Amazon.com.

Fund No. 2 is short Citibank.

Fund No. 3 shorted Wells Fargo.

Fund No. 4 was short Bank of America Corporation.

Their combined net worth is huge.

And tonight, Citibank, Bank of America Corp., like Wells Fargo, saw their stock prices plummet.

Wang Guanxi asked: "We have calculated the floating profits of Fund No. 2 and Fund No. 4."

"Yes, BOSS" Huang Shaokai and others quickly went to count.

Soon Huang Shaokai shouted excitedly: "BOSS, Citibank's stock price has dropped to US$45 per share, and Fund No. 2 has a floating profit of US$1.5 billion."

Fund No. 2 shorted 60 million shares, with a position of $70 per share.

Floating earnings per share are US$25, and 60 million shares are worth US$1.5 billion.

The principal is 3.465 billion US dollars, plus the floating profit of 1.5 billion US dollars, the net value of the account is as high as 4.965 billion US dollars.

Wang Guanxi was very happy: "Very good, I hope the net value of Fund No. 2 can exceed US$5 billion tomorrow!"

Huang Shaokai said excitedly, "BOSS, Citibank's stock price is still falling, and Fund No. 2 will definitely break through the net worth of US$5 billion."

Wang Guanxi then asked: "What about Fund No. 4?"

Fund No. 4 is shorting Bank of America, and Bank of America's stock price fell a lot tonight.

At this time, Zhang Dexi said excitedly: "BOSS, Bank of America's stock price has dropped to US$12 per share, and Fund No. 4 has a floating profit of US$1.04 billion."

Fund No. 4 shorted 40 million shares and opened a position at $38.00 per share. These 40 million shares were borrowed from the Imperial Bank of India.

The floating profit per share was US$26, for a total floating profit of US$1.04 billion.

The principal amount is US$1.52 billion, of which US$320 million was borrowed from Bank of Baroda, Indian Overseas Bank, and Union Bank of India.

The account's net worth is now as high as $2.56 billion.

Wang Guanxi took the tea cup with joy on his face, took a sip, and said: "The floating profit is 1.04 billion U.S. dollars, which is very good. It's time to close the short position of Bank of America."

The short selling of Bank of America Corporation began on October 3, 2008, and now more than three months have passed.

The 40 million shares of Bank of America Corp. borrowed were priced at US$38 per share at the time and were worth US$1.52 billion. The Imperial Bank of India had to pay US$22.8 million in interest every month.

Calculated in three months, it is US$68.4 million, which adds up to HK$530 million.

What a huge expense.

"Yes, BOSS!" Everyone looked forward to it.

“Hopefully the Bank of America stock price continues to fall tomorrow!”

"Today Bank of America's stock price fell from $15 to $12, a drop of 20%, and the trading volume was 200 million shares!"

“Many Financial Institutions Are Selling Bank of America Corp. Stocks”

"I hope we can continue selling tomorrow so we can close our positions."

"Hey, the Imperial Bank of India and the Union Bank of India must be suffering heavy losses."

"That's natural. Girayu Amin of Union Bank of India came to stop us before. Now the share price of Bank of America has dropped from 38 US dollars to 12 US dollars today. I don't know how much money their accounts have lost."

When Fund No. 4 was shorting Bank of America, it was strongly blocked by Jirayud Amin of Union Bank of India. After a battle between the two sides, they won.

There is a floating profit of US$1.02 billion on the book, and the Union Bank of India will have to lose at least more than US$1 billion.

Wang Guanxi said with a smile: "Jirayu Amin, this curly guy, was so arrogant last time he came to stop us. He told me on the phone, 'I will officially inform you'. It makes me laugh when I think about it."

"Now that Curly has so many floating losses on his account, he must be crying in the toilet."

Huang Shaokai said with a smile: "Boss, and this Indian Curly has lost a lot of money on his books this time. I don't know if he will negotiate with me for settlement."

Wang Guanxi: "I heard that Curly Hair has made a lot of money in other places recently, but I don't know if it's true."

Zhang Dexi said: "BOSS, it's true. Jirayu Amin of United Bank of India recently earned more than one billion US dollars."

Wang Guanxi was stunned: "This curly hair has some abilities."

Wu Zhankun smiled and said: "Boss, United Bank of India holds 100 million shares of Bank of America Corporation, and now has at least a floating loss of more than 2 billion US dollars on its books. The billions of US dollars he has earned are not enough to fill the gap."

Wang Guanxi nodded: "Yes."

At that time, Jilayu Amin was very arrogant. Now he has a floating loss of more than 2 billion US dollars. I don’t know what the expression of this curly guy is now.

At this time Wang Juehao asked: "BOSS, I don't know if Curly Hair will settle Bank of America's stocks with me?"

Bai Weiqiang: "It should be possible, just wait and see."

Wang Guanxi thought for a while and said: "Call this curly guy directly and tell Jilayu Amin that we can settle Bank of America's shares with them at the market price."

Fund No. 4 is about to close its position. Closing the position will cause the stock price of Bank of America to rise. The best way is to settle directly with the Union Bank of India at market prices.

In this case, you can get a little more.

If Jilayu Amin is sensible, he will settle the matter as soon as possible.

"Yes, BOSS." Then the call came to Jirayud Amin, President of Asia Pacific of United Bank of India.

Jilayu Amin wanted to talk to Wang Guanxi in person, so the phone was handed over to Wang Guanxi.

Wang Guanxi said jokingly: "Mr. Jirayud Amin, I heard that your Union Bank of India lost US$2 billion on Bank of America Corporation?"

Jirayud Amin corrected: "Wrong, not US$2 billion, but US$2.5 billion."

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$12 per share, resulting in extremely heavy losses!

It has already lost US$2.5 billion.

Wang Guanxi said with a smile: "2.5 billion US dollars, I also happen to have a surplus of 2.5 billion US dollars."

Jirayu Amin chuckled: "You just borrowed 40 million shares from the Imperial Bank of India. You can make a profit of 2.5 billion US dollars. You are really good at bragging."

After a few words, Wang Guanxi said: "Settlement is at a price of US$12 per share. If you, the United Bank of India, want to reduce losses, agree to this price."

On the phone, Jirayu Amin said: "If you settle at a price of 12 US dollars per share, you think I am a beggar. I will only consider it if it is at least 15 US dollars."

Wang Guanxi joked: "Haha, I will consider that $15 per share and give you the answer in a few days."

Jilayu Amin suddenly laughed: "Wang Guanxi, I am joking with you, do you still take it seriously?"

"Do you really think that I, Jilayu Amin, will settle matters with you?"

"Isn't it just a floating loss of US$2.5 billion? Do I care?"

Wang Guanxi chuckled: "You are awesome, so why don't you just keep holding the shares of Bank of America? I heard that you have made more than a billion dollars recently?"

Jirayud Amin corrected him again: "Wrong, I made 4 billion US dollars recently. Do you think I will care about a floating loss of 2.5 billion US dollars?"

"Sooner or later, the stock price of Bank of America will rise!"

"I'll settle with you for $12?"

"Stop dreaming."

Wang Guanxi laughed: "Don't regret it!"

Jirayu Amin laughed: "What do I regret? I officially inform you that I will spend 4 billion US dollars to increase my holdings of Bank of America's shares. If you have the guts, continue to hold Bank of America's shares. Don't close your position." !”

"Haha, OK!" After ending the call, Wang Guanxi asked: "Is this Jirayud? Amin recently earned 4 billion US dollars?"

This is Jirayud Amin's "formal notice" again, saying that he will use US$4 billion to increase his holdings of Bank of America's shares.

Zhang Dexi quickly said: "BOSS, they only made 1.5 billion US dollars. If they don't earn 4 billion US dollars, they are just bragging!"

Wang Guanxi shook his head and smiled, and then said: "This Jilayu? Amin also said that he would use US$4 billion to increase his holdings of Bank of America's shares, haha!"

Wu Zhankun asked: "BOSS, if they increase their holdings, it will affect our closing positions."

Wang Juehao also said: "Their little funds are not enough to change the trend."

Bai Weiqiang: "There are still a lot of selling orders in the market. They are just taking orders when they enter the market to buy the bottom, but it will indeed affect our closing positions."

Wang Guanxi nodded: "We are going to close our positions, but they plan to increase their holdings, which will make our profits a lot less."

"But now we have to clear our positions first. After we clear our positions, we will look for opportunities to short Bank of America. By then, I hope they will continue to increase their holdings."

Then he ordered: "Call Feroz Sanghavi of the Imperial Bank of India and tell them that we will settle with them at the market price!"

Fund No. 4 shorted 40 million shares of Bank of America Corp., which was borrowed from the Imperial Bank of India. Wang Guanxi wanted to settle directly with the Imperial Bank of India.

The call soon reached Feroz Sanghavi.

Feroz Sanghavi said directly to Wang Guanxi on the phone: "If you want to settle according to the market price, that is a daydream."

Wang Guanxi was stunned: "Then you, like Jirayuth Amin, plan to increase your holdings in Bank of America?"

Feroze Sanghavi: "Yes, I plan to increase my holdings in Bank of America Corporation. If you want to close your position in the market, that's fine."

Wang Guanxi asked: "Your Imperial Bank of India has so many floating losses on its books, and you are still increasing its holdings? I will give you a chance now to save you from losing some money. Don't you know how to flatter me, Feroze Sanghavi?" , I’m giving you a chance!”

Feroze Sanghavi smiled disdainfully: "You also give me a chance? Wang Guanxi, you are not qualified to pretend to be a boss in front of me. Save it. If you have the guts, don't close your position. Wait for us, the Imperial Bank of India and India United with India to blow your little anus"

Wang Guanxi laughed: "You two are the losers. If you have the guts, continue to increase your holdings. Don't sell!"

After the phone call ended, Wang Guanxi fell into deep thought.

The Imperial Bank of India and the Union Bank of India will continue to increase their holdings in the shares of Bank of America Corporation. In this case, the shares of Bank of America Corporation will definitely rise a lot.

This will prevent Fund No. 4 from closing its positions and make Fund No. 4’s book profits much smaller.

Huang Shaokai said: "BOSS, they want to increase their holdings in Bank of America Corporation, do we still close our position?"

If their short positions of 40 million shares are closed, it will be equivalent to buying in the market. If Imperial Bank of India and Union Bank of India increase their holdings in large amounts, the market will definitely be filled with buying orders. By then, Fund No. 4 will want to close the positions. The warehouse meeting will be very unsatisfactory.

Wang Guanxi nodded: "Of course we have to close the position, let's find a way to maximize profits."

Zhang Dexi thought for a while and said: "BOSS, maybe the Imperial Bank of India and the United Bank of India are just scaring us."

Wu Zhankun also said: "Yes, they may be scaring us not to close our positions."

Wang Juehao: "The stock price of Bank of America is still very weak, and they may not dare to increase their holdings here."

Wang Guanxi nodded: "That makes sense. When the U.S. stock market opens tomorrow night, we will clear the short positions of Bank of America."

Bai Weiqiang said: "BOSS, are you going to issue a bearish report on Bank of America?"

Wang Guanxi thought for a while and said: "We won't use it this time. When we short the Bank of America again, we will issue a short report. This will have a better effect."

"Yes, BOSS"

··

At this moment a small shop near the Imperial Bank of India Hong Kong Building.

Feroz Sanghavi and Jirayud Amin were having a barbecue.

Feroz Sanghavi peeled off the skin of a crayfish and said: "The Chinese Shrimp King is going to clear out the short position of Bank of America. It seems that they are not optimistic that the stock price of Bank of America will fall in the future."

Jirayu Amin: "I originally thought that the free-range Chinese pigs would continue to be short, but I didn't expect that the position would be closed now."

Feroze Sanghavi: "Are you going to increase your holdings in Bank of America tomorrow night?"

He wanted to increase his holdings of Bank of America shares tomorrow night, so that the stock price would skyrocket when Wang Guanxi closed his position, which would make Wang Guanxi's profit much smaller.

Jirayu Amin asked: "Then will you increase your holdings tomorrow night?"

Feroze Sanghavi: "I had this idea"

Jirayu Amin: "I also have this idea, but Wang Guanxi also knows that we want to increase our holdings. When the U.S. stock market opens, he will definitely close his positions as soon as possible. We will directly increase our holdings when the market opens. If they close their positions , will only make the stock price higher and higher, and their profits will be much less."

Feroz Sanghavi added: "If the U.S. stock market continues to fall tomorrow night, and Bank of America's stock price also falls, it will be inconvenient for us to increase our holdings. We have to wait until Bank of America's stock price drops to US$10 per share. shares, shall we increase our holdings?”

Jirayu Amin thought for a while and said: "Let's just increase our holdings directly. At $12 per share, we will increase our holdings as soon as the market opens."

Feroz Sanghavi still said: "It's better to wait until the stock price drops to $10 per share before increasing your holdings, so as to reduce the cost of building a position."

Jirayud Amin asked: "What if Bank of America's stock price does not fall to $10 per share?"

···

Time flies by, and the next day is January 14th.

The U.S. stock market opens in the evening.

The three major U.S. indexes began to fall.

The Dow Jones, Nasdaq, and S\u0026P all fell.

Citibank shares fell.

Wells Fargo shares fell.

Bank of America's stock price could not hold on to $12 per share and began to fall.

Wang Guanxi said: "Start closing your positions slowly!"

"Yes, BOSS" Everyone began to close their positions.

100,000 shares!

150,000 shares!

70,000 shares!

30,000 shares!

50,000 shares!

```

The share price of Bank of America Corporation has stabilized near the 12.00 position due to the liquidation of Fund No. 4.

At the Imperial Bank of India's Hong Kong Building, Feroz Sanghavi said: "The stock market is falling again. Citibank and Wells Fargo are also falling, while Bank of America's stock price has actually stabilized at $12 per share."

Jilayu Amin smiled and said: "Isn't this a good thing? It shows that the bulls in the market are optimistic about the stock price of Bank of America."

But when he thought about it, something was wrong, and he said: "It must be Wang Guanxi, a Chinese fat pig, who is closing his position!"

Feroz Sanghavi's face was a little gloomy: "Damn Chinese Shrimp King, took the opportunity to close the position!"

Wang Guanxi shorted 40 million shares of Bank of America Corporation. If he closed his position, it would be equivalent to buying 40 million shares in the market!

Jilayu Amin said: "Should we increase our holdings now, or wait and see?"

Feroze Sanghavi: 'Let's wait and see'

Time passed slowly, and Bank of America's stock price gradually became unstable.

Because there are more and more selling orders in the market.

The U.S. stock market is falling, and more and more funds are selling off assets.

Finally, Bank of America's stock price fell below the 12.00 level.

Wang Guanxi shouted: "Increase the position and close the position!"

"Yes, BOSS" Everyone quickly increased their positions to close their positions!

1 million shares!

1.25 million shares!

250,000 shares!

360,000 shares!

640,000 shares!

··

The closing speed was so fast that Bank of America's stock price rose from $11 per share to $13 per share.

"Stop!" Wang Guanxi shouted.

"Yes, BOSS" everyone stopped.

Bank of America's stock price then quickly fell back to $12 a share, but found support here.

The three major U.S. indexes also stopped falling and began to rise.

The entire U.S. stock market went from falling to rising.

When Wang Guanxi saw this, he quickly said: "Go ahead and close your position! Close all the remaining short orders and just close them slowly."

"Yes, BOSS" Everyone started to close their positions again!

120,000 shares!

80,000 shares!

140,000 shares!

60,000 shares!

··

And Bank of America’s stock price is slowly rising!

USD per share.

This time Fund No. 4 has also been cleared.

The average closing position is around $11.40 per share.

40 million shares, earnings per share of US$26.6, and a total gain of US$1.064 billion.

Including the principal, the total amount is US$2.584 billion.

Wang Guanxi ordered: "Withdraw 84 million US dollars to pay the interest of the Imperial Bank of India, and the rest will be used as bonuses and daily operating funds."

Previously, 40 million shares of Bank of America Corporation's stock were borrowed from the Imperial Bank of India. Now the position has been closed, and the shares have been returned to the Imperial Bank of India. As for the interest, after shorting for three months, the interest needs to be paid in the amount of US$68 million.

The interest rate is very high, but after earning US$1 billion, it becomes insignificant.

"Yes, BOSS!" Everyone immediately withdrew US$84 million and paid the interest to the Imperial Bank of India.

The stock price of Bank of America Corporation began a new round of rise after Fund No. 4 closed its positions.

USD per share!

U.S. stock markets are also rising, with shares of Citibank and Wells Fargo rising.

Wang Guanxi said calmly: "Tomorrow, or the day after tomorrow, prepare to short the Bank of America Corporation."

"Yes, BOSS!" Everyone was very excited.

Bank of America's stock price fluctuated at $13.00 for an hour before continuing to rise.

USD per share!

Didn't stop!

Keep rising!