Rebirth of the Financial Crisis Sweeping the World

  Chapter 47 47 In the second year, Northen Rock Bank will be acquired!

  At 8 o'clock in the evening, on the way back home, Wang Guanxi was very happy and invested in a high-quality semiconductor company.

  Energy-saving electronics!

  This is a technology company. It will grow in the future and its value will be unlimited.

  "The subprime mortgage crisis is really good. It allowed me to use 2 million to obtain 40% of the shares. When I replaced it with another, 2 million Hong Kong dollars to inject capital, others may not want it."

  Thinking of this, Wang Guanxi rushed home triumphantly.

  Can't help but hum a little song on the road.

  Beyond the glorious years.

  "Today there are only remaining shells

  Meet the glorious years

  Hold tightly to freedom in the wind and rain

  After a lifetime of struggle

  Confidence can change the future

  Ask who can do it..."

  When she returned to Queen’s Wharf, she happened to ran into Shu Jinghan. She carried a bag with a prepared dinner in it.

   "Hee, what's so happy?"

  Shu Jinghan looked at Wang Guanxi curiously.

  Wang Guanxi came over and said seriously, "I found the baby"

  "What baby?" Shu Jinghan wondered: "Where?"

  "Far in the sky, close in front of you" Wang Guanxi looked at her with a smirk.

  Shu Jinghan was flushed by Wang Guanxi.

  "Stop talking to me, I'll deliver the meal"

   then fled the scene.

   After running a few steps, she brought a smiley face that looked like she had eaten honey. He reminded him: "Hee, I will take the exam soon. Remember to review it. You didn’t come to me to review your homework today."

  After speaking, she hurriedly left.

  "Okay, I will find you on time tomorrow" Wang Guanxi smiled and went home.

  Today is Saturday, open the news.

  Hong Kong’s richest man, Li Jiacheng, invested 100 million US dollars in Facebook in his private name.

   Facebook, with a market value of up to 800 billion US dollars in the future, has not yet been listed. The richest man in Hong Kong has a unique vision and directly invested 100 million US dollars. If Wang Guanxi has money, he has to vote.

  The next day, March 30, Sunday.

  [Due to the subprime mortgage crisis, major Wall Street banks cut 34,000 jobs].

  Citigroup laid off 6,200 employees.

  Lehman Brothers laid off 4990 employees.

  Bank of America laid off 3650 employees.

  Merrill Lynch··

  Morgan Stanley···

  Goldman Sachs Bank··

FuGuo bank··

  Wachovia Bank··

  ·

  The layoffs are just the beginning.

  Wang Guanxi knew that the big banks above were all hit, Citibank was rescued, Merrill Lynch almost went bankrupt and was acquired.

  The giant Lehman Brothers, with hundreds of billions of dollars in assets, was the most unlucky. It went bankrupt and went bankrupt, cheating countless investors around the world.

The subprime mortgage crisis first hit the banks, and then the giant banks collapsed or defaulted, causing the global financial crisis. Lehman Brothers, with hundreds of billions of dollars in assets, declared bankruptcy on September 14, directly igniting the long-established global economic crisis!

  Everyone has no confidence, anxiety, or despair in the economy.

But Wang Guanxi looks forward to it very much. This is the perfect opportunity for him to make a fortune and rise. On September 14th, Lehman Brothers declared bankruptcy. It was like a needle that pierced the global economic bubble. Then, without knowing how many companies closed down, real estate plummeted. , How many cheap assets, cheap high-quality companies are waiting for Wang Guanxi to acquire.

  At this time, I saw the latest news: [British Financial Supervisory Authority admits that it has misregulated Northen Rock Bank].

  After Northen Rock Bank fell into the credit crisis in September last year, the British government tried to rescue it through various channels, including the Bank of England providing emergency loans of up to 25 billion pounds and finding suitable buyers.

  However, in the end, the bank was temporarily taken over in February this year and became a victim of the subprime debt crisis.

  Northern Rock Bank is the fifth largest mortgage bank in the UK. In November 2011, it was acquired by the British Virgin Consortium for 1 billion pounds.

Now in March 2008, the Virgin Consortium wanted to acquire Northen Rock Bank at a low price of £1.5 billion, but Northen Rock Bank refused to agree and rejected the price as too low. In 2011, Northen Rock Bank Unable to bear it, and finally agreed to be acquired by the Virgin Consortium at a price of 1 billion pounds.

  But now, Wang Guanxi intends to make an advance and acquire it in 2009, grabbing the fat of the Virgin Consortium, and winning the fifth largest mortgage bank in the UK!

  But it won’t work without 2 billion pounds.

  Because there is still processing Northenrock Bank to deal with, the Virgin Consortium is relying on hard power to digest it.

  Wang Guanxi also does not have the hard power of the Virgin Consortium and huge cash flow, so he needs to spend 2 billion pounds to completely digest the bank.

   2 billion pounds, this is not a small amount. According to the exchange rate of the British pound to the U.S. dollar (1.6:1) at that time, it was 3.2 billion U.S. dollars, and converted into Hong Kong dollars, that was 25 billion Hong Kong dollars.

  25 billion Hong Kong dollars is really not a small amount.

  Wang Guanxi even shorted the Hang Seng Index on September 14, 2008, worth billions of dollars, tens of billions of Hong Kong dollars, but he wanted to spend 25 billion in 2009 to acquire Northen Rock Bank.

  It is impossible for him to have a wealth of 30 billion Hong Kong dollars in 2009, so he used 25 billion Hong Kong dollars to acquire Northen Rock Bank. That would only affect the growth of his wealth.

  In 2009, with a wealth of at least 60 billion Hong Kong dollars, he can safely buy Northen Rock Bank, offer a price that shareholders can’t refuse, and defeat the Virgin Consortium!

   "In November 2009, I had to have a cash deposit of 60 billion Hong Kong dollars."

   "This is a bit difficult"

  Wang Guanxi frowned. Now his cash deposit is only 15 million Hong Kong dollars, which is 59.985 billion away from 60 billion Hong Kong dollars!

  It is very difficult to increase wealth from 15 million Hong Kong dollars to 60 billion Hong Kong dollars.

  But he still has a way. As long as the funds are raised to 150 million Hong Kong dollars on September 14, and then short the Hang Seng Index with 100 times leverage, it is easy to make 5 billion Hong Kong dollars. If it is done properly, 10 billion Hong Kong dollars is no problem.

  Then use 10 billion Hong Kong dollars to buy the stocks of several super companies. Before the end of 2009, it is completely no problem to get a fortune of 60 billion Hong Kong dollars.

  For example, the share price of BYD Automobile Group, in November 2008, was 10 Hong Kong dollars per share, which has been rising. By November 2009, the stock price rose to 88 Hong Kong dollars per share, an increase of 8.8 times!

  Wang Guanxi became fat in one bite!

  Shuang waiwai.

  As long as he withdraws from the 10 billion Hong Kong dollar deposits and uses 4 billion Hong Kong dollars to buy the shares of BYD Auto Group, then this 4 billion will become more than 30 billion Hong Kong dollars, which can completely eat Northen Rock Bank.

  Thinking of this, Wang Guanxi was looking forward to it.

  Then he started looking for stocks of listed companies that could be manipulated.

  (End of this chapter)