Rebirth of the Financial Crisis Sweeping the World

  Chapter 48 48 early 15 million bargain-hunting Jin Yong International

  Time passed in a flash.

  A few hours later, he finally found a listed company, Jinyong International Investment Company.

  It is mainly a holding company that provides customer relationship management outsourcing services, securities consulting, trading, and asset management!

  It has four major businesses.

  Customer relationship management service business

  Passenger information management system business

  RF user identification module business

  Investment management business.

  The current stock price is at RMB 0.32 per share, with 11 billion shares of share capital, and a market value of HK$3.52 billion.

  Wang Guanxi remembers that its stock price has risen a lot in early April, and its market value has doubled several times in a short period of time. The market value soon exceeded the 10 billion Hong Kong dollar mark.

  Because this company made a lot of money short selling in the US financial market.

  At present, its stock price is at a low level. Wang Guanxi intends to buy bottoms to see how much money he can make.

  But today is the weekend, the financial market is closed

  If you want to hunt down the bottom, you can only wait for tomorrow.

  Currently has 15 million funds, Wang Guanxi intends to enter the market with full positions!

  Thinking of the future acquisition of Northenrock Bank, Wang Guanxi can't wait to make money.

  At this time, the mobile phone information is coming, the information on QQ.

"have you eaten?"

   was sent by Lin Xiaoyu, so Wang Guanxi started chatting.

  I chat with her every day. It is very clingy. She will call when the information is late to reply.

  ··

  At this moment, in Tsim Sha Tsui, Golden City Holiday Hotel, in the luxurious swimming pool, two pot-bellied men are drinking with wine glasses, and there are two beautiful women around peeling fruit, waiting for their dispatch at any time.

  "Sister, come here"

   "Brother got the idea"

  The two men were Shu Huadong and Qian Qingjun.

  Shu Huadong is the major shareholder of Jinyong International, and Qian Qingjun is the manager of a stock fund.

This time, several US stocks invested by Qian Qingjun’s stock fund suffered heavy losses, especially the Bear Stearns stock, which fell into shit. He did not liquidate his position and chose to continue to resist. I don’t know when he will be able to do so. Uncatch.

  Now Bear Stearns is acquired by Morgan Bank, avoiding bankruptcy and losing money.

  It is a pity that the company’s capital chain is tight, and some customers want to withdraw their investments, so he plans to sell the shares of a Hong Kong listed company in exchange for cash.

  His stock fund, named Qianyuan Stock Fund, currently holds about 50 million shares of Jinyong International Company, valued at 16 million.

  He wants to sell all of these stocks, but the price is too low and wants to raise the stock price before shipping, so he needs Shu Huadong, the third largest shareholder, to cooperate.

   "Lao Shu, I am in urgent need of funds this time, can you help me?"

Shu Huadong sighed: "Old money, it's not that I didn't help you, but that I raised the stocks, and my own money would be trapped. Now our company has shorted the stocks of a U.S. bank and is still losing money. What"

  The bank he was talking about was naturally Hume Bank in Missouri. It was rumored that there was a serious crisis and the loans that were released could not be collected. However, the stock price has not fallen, but has risen, and it seems to have been rescued.

  "The company's performance this year is not good. If the stock is pulled up, no one will take it. By then, we will have to be trapped in a high position!"

  Qian Qingjun felt disappointed after listening, and asked: "Lao Shu, do you plan to ask for these stocks?"

  Shu Huadong thought for a while: "0.2 yuan per share, how about I bought your 50 million shares for 10 million?"

Now Qian Qingjun is very cash-strapped and eager to sell stocks, and now Jinyong International’s stock price is 0.32 yuan per share. He wants to buy Qian Qingjun’s 50 million shares at a price of 0.2 yuan per share to kill him. Fan.

   "0.2 yuan per share?" Qian Qingjun looked at Shu Huadong with an incredible face, and thought: "This dog day, take advantage of the fire and rob him and kill him."

These 50 million shares were originally bought by him at a price of 1 yuan per share, which cost him 50 million Hong Kong dollars. Now they are sold to Shu Huadong at a price of 0.2 yuan per share. They can only recover 10 million Hong Kong dollars and lose 4000 dollars. Ten thousand Hong Kong dollars, he would not be so stupid, he would not do it because he was short of money.

  "0.32 yuan per share, market price, I will sell it to you"

  Shu Huadong shook his head: "I don't have so much cash now, the price is too expensive, old money, I can only give you a price of 0.2 yuan per share"

  In fact, he wanted it very much, but he wanted to slaughter Qian Qingjun.

   "Then I'll go back and think about it." Qian Qingjun planned to wait and see.

  Look at how the stock price moves in the past few days. Is it falling or rising?

  ···

  On Monday, March 31, the stock market opened.

  Jinyong International Investment Company's stock price began to fall, from 0.32 yuan per share, gradually fell to 0.30 yuan per share, the transaction volume is very small.

  Wang Guanxi shot.

  Start buying.

  1 million shares!

  1 million shares!

  ··

  Wang Guanxi’s purchase made Jinyong International’s share price quickly rush from RMB 0.30 per share to RMB 0.50 per share!

  Qian Qingjun suddenly lost his joy. He now holds 50 million shares, worth 25 million.

  The Shu Huadong last night wanted to kill him, but fortunately he was not fooled.

  He intends to continue to observe.

   Soon the afternoon session will open.

  Wang Guanxi continues to buy!

  1 million shares!

  1 million shares!

  ····

  Jinyong International’s share price was directly pulled to 0.7 yuan per share.

  Wang Guanxi bought a total of 30 million shares, with an average position of 0.50 yuan per share!

  Now there is a floating profit of 6 million Hong Kong dollars in the account, but it is only a floating profit. If Wang Guanxi closes the position, the stock price will fall sharply, because not many people come to take the order.

   "Oh, this floating profit is just a mere illusion. If the picker doesn't come out, I won't be able to cash in the profit!"

  Wang Guanxi sighed inwardly.

  The stock market is just a zero-sum game.

   Soon the stock market closed, and Jin Yong International's stock price also stabilized at 0.7 yuan per share.

  At this moment Qianyuan Stock Fund.

  Qian Qingjun watched Jinyong International’s share price surge from 0.30 yuan per share to 0.70 yuan per share today, an increase of 133%.

   "It's great, have you finally used your strength?"

   "Which institution is buying crazy?"

  He was very excited in his heart, entangled in whether he should start selling the stock tomorrow. If he sells wildly, without enough takers, the stock price will definitely fall sharply.

  Let's wait and see, if the stock price rushes to the position of 1 yuan per share, he will not lose much of the 50 million shares he holds.

Before, he bought these 50 million shares at a price of 1 yuan per share. When the stock price reaches 1 yuan per share, he slowly sells the stock, which may cause the stock price to fall sharply, but it will not lose a lot. Money.

  ··

  At this moment, America, it is still early morning.

  Hume Bank, Missouri, is holding a meeting.

  This time the bank suffered heavy losses in the subprime mortgage crisis and it can no longer cover it.

  Funds were run on major clients overnight.

  The US stock market opens in the morning, and the company's stock price will plummet.

  And Jinyong International, which shorts Hume Bank stock, will make a lot of money.

   Then the stock price of Jinyong International, which is listed in Hong Kong, will rise sharply, and Wang Guanxi will buy its stock price in advance.

  (End of this chapter)