Rebirth of the Financial Crisis Sweeping the World

Chapter 153: 153 soaring life happiness index!

  Chapter 153 The soaring life happiness index of 153!

  Wang Guanxi couldn’t help but mutter to herself: “Today the share prices of China Resources Beer and China Resources Gas have fallen miserably.”

   "It's cool"

   "Waiting to collect the money."

  As for AIA, Harrison stood in the trading room and watched China Resources Beer’s stock fall to the 20.00 position, so he ordered: “In the afternoon, if the stock price rises, it will sell again tomorrow.”

  "Yes, Mr. Harrison" assistant hurriedly ordered the traders in charge of stocks.

  As for HSBC Trust Company, Jiang Quangang ordered: "In the afternoon, start to increase your holdings."

  "Yes, President Jiang"

  So after the market opened in the afternoon, the stock price began to rise again under the increase of HSBC Trust Company's holdings.

  21 yuan per share.

  22 yuan per share.

During the   period, many retail investors also flocked to them to share a piece of the pie!

  The retail investors who have hunted down here before have also increased their positions!

  There is a lot of buying in the market.

  Even traders from investment banks also came in to do short-term transactions.

   Soon the stock price rushed to the 25.00 position again.

  But it has not stopped, continue to rise until it stops at 26.00.

  However, those investment bank traders sold their shares after making a profit, and the stock price fell to 25.00 again.

  Some retail investors with low confidence also left the market at a profit and sold stocks.

  When the market finally closed, the stock price fell to the 24.00 position.

  Wang Guanxi’s account still has a floating profit of 10 million Hong Kong dollars.

  But he knew that soon the share price of China Resources Beer would be unsustainable.

  July 15th, Tuesday.

  At 9:30 in the morning, Wang Guanxi got up.

  The Hong Kong stock market opens at 10 o'clock.

  After washing, I opened the refrigerator and there was nothing to eat, but there were two cans of Budweiser beer. I took out one of them and found some snacks. Drinking beer and eating snacks.

  At this time, a big news came.

  This big acquisition.

  [InBev acquired Budweiser beer producer Anheuser for US$52 billion]

  InBev Group is the world’s largest beer company and one of China’s largest beer producers. Its 32 beer production plants have an annual production capacity of 3 million tons, ranking first among China’s five major provinces and owning 200 brands.

  For example, Shuanglu, Xuejin, Jinlongquan, KK, Hongshiliang, Baisha, Jinling, Green Lansha, Santai··

  Basically, most of the beer that everyone knows is the brand of this giant company.

  InBev Group also holds 27% of Tsingtao Brewery shares and will sell 19.9% ​​of the shares to Nippon Asahi Beer Co., Ltd. in the future.

   "When will my consortium have such a giant company?"

  "A multi-billion-dollar acquisition is always coming."

  Wang Guanxi couldn't help squeezing the Budweiser beer can in his hand.

  The whole person is full of longing for the future.

  He Wang Guanxi wants to establish a consortium to be the big boss behind the scenes of the world.

  Although it is still far away, the outbreak of the global economic crisis will make him fat.

  Acquire many high-quality assets at very low prices.

  [Shenzhen market housing prices fall by more than 40%, cut off the supply will be burdened with a lifetime of debt]

   "House prices have fallen so badly. After a while, I will take a loan and go to the bargain-hunting building"

  Wang Guanxi drank beer with joy, planning for the future.

  ···

  At this moment, HSBC International Trust Company, Jiang Quan just sits on an office chair, eating sandwiches and drinking orange juice,

  The stocks of China Resources Beer, China Resources Gas, ICBC, HSBC, Standard Chartered Bank, and Sinopec all fell yesterday.

  While HSBC International Trust Company holds many shares of these companies, the loss is not small.

  This is not a good sign.

  If there are too many losses this quarter, the superior may only ask him.

  To be honest, the listed companies he is optimistic about are all stable, strong, and promising, but the stocks fell so much yesterday that it made him crazy.

  At this time, the assistant asked cautiously: "Mr. Jiang, do we continue to increase our holdings of China Resources Beer?"

  They have been increasing their holdings of China Resources Beer recently and bought 500 million shares.

  But there was a lot of selling yesterday, and the stock price was at a high level, and they were afraid to be a high-level taker.

  Jiang Quan just thought for a while, put down the juice and said: "No need, give up, retreat to the 10.00 position, if the stock of China Resources Beer drops below the 10.00 position, we are increasing our holdings."

  He always has an uneasy feeling in his heart, but he doesn't know what went wrong.

   opened the current affairs news.

  【The global credit crisis lurks a loss of US$1.6 trillion】

  This is a report published by Bridgewater Associates, the world’s second largest hedge fund, in the global investment community, stating that the estimated loss of the global banking system has reached US$1.6 trillion.

  Jiang Quangang couldn’t help taking a breath: “If what Bridgewater said is true, there are still a series of financial institutions waiting in line for bankruptcy.”

  "Fortunately, I changed a lot of stocks"

  Bridge Water Fund manages 140 billion U.S. dollars in assets, and its clients include many foreign governments and central banks, pension management companies, university endowments and charitable funds.

This time, the Bridgewater Fund evaluated a series of US risky credit assets held by global financial institutions, including mortgages, credit card collections, etc., and they estimated that the total amount of high-risk credit assets reached 26.6 trillion U.S. dollars. If calculated according to the current market price, the losses incurred may reach 1.6 trillion U.S. dollars.

  This report, the CFO of AIA, Harrison also saw it.

Harrison got a little chill on his back and murmured: "Traditional commercial loans are placed on the balance sheet according to the valuation model rather than the market price, because they cannot be traded at all. If the market price rises, the loss will be less than 1.6 trillion; if the market price drops, the loss will be greater than this number."

  The report also believes that U.S. commercial banks are bearing the biggest losses because the core of their investment portfolio is U.S. loans. According to their research on the loan portfolios and securities investment portfolios of US commercial banks, they believe that the losses recognized by these commercial banks are only 1/6 of the total losses.

  This report estimates that the hidden potential losses of Citigroup, Bank of America and JPMorganChase alone are as high as US$400 billion.

  The financial director of AIA Insurance, Garth Jones also looked at this report seriously.

"Hopefully, the Bridgewater Fund is not spreading rumors, TM's. A loss of this magnitude has far-reaching significance. Borrowers, that is, banks, need to reduce their loans by 1/10 to protect the asset adequacy ratio. This means that the future credit market will pay back. There is a contraction of up to 12 trillion, unless these banks can raise new funds."

  Harrison and Garth Jones, both feel a crisis that may arise at any time.

  Now AIA, AIG Group, the parent company of AIU, is already facing cash flow pressure.

  They need to cash out stocks as soon as possible to get cash.

  And when Wang Guanxi saw this report, he was immediately overjoyed. Citibank, Bank of America...

  He will short their stocks, provided that additional funds are collected. After all, his main capital is to short the Hang Seng Index.

  Additional funds can only be provided by insurance companies.

   "Make money, make money, and buy as many insurance companies as possible on September 14th!"

   Soon the stock market opened.

  AIU Insurance, a subsidiary of AIG Group, and AIA continue to cash in stocks.

  The share prices of China Resources Beer, China Resources Gas, ICBC, HSBC, Standard Chartered Bank, and Sinopec continued to fall.

   Among them, China Resources Beer and China Resources Gas suffered the worst, which also drove the stock price of China Resources Cement Company to plummet.

  In just one and a half hours, China Resources Beer plummeted from 20 yuan per share to 16 yuan per share, and China Resources Gas plummeted from 9 yuan per share to 6 yuan per share.

  Wang Guanxi’s account has a surplus of 90 million Hong Kong dollars, which is so cool.

  But it’s not over yet!

  Half an hour later, China Resources Beer’s stock fell to 13.00!

  The market is flooded with lots of selling.

  Wang Guanxi won't wait anymore, and immediately began to liquidate the position.

  1 million shares!

  1 million shares!

  1 million shares!

  ``

  After he closed the position, the stock price rushed from 13.00 to 14.80.

  The average closing price is at 13.90, earning 11.1 yuan per share, 10 million shares, making a total of 111 million!

  It’s so cool.

  The net value of the account of Fund 1 has reached 311 million Hong Kong dollars.

  Deducting interest and intermediary fees, Wang Guanxi made a net profit of 110.5 million Hong Kong dollars this time.

  He immediately withdrew 500,000 Hong Kong dollars as pocket money.

  He has been spending money lately, and he doesn’t have much money in his bank card.

  No. 1 fund has 310 million Hong Kong dollars left.

  Wang Guanxi feels that his happiness index in life has skyrocketed to 310 million!

  At this time, there was hunger. It was noon. Wang Guanxi was cooking lunch. The lunch was fruit salad and milk. Then he put the phone aside, turned on the music, and adjusted the volume to maximum.

  【Sudden Self】

  I heard you say that the sun rises and falls

  Sunny and rainy, the road is unpredictable and there are many steps

  I am used to your sudden self

  Sweeping and sprinkling will naturally see through

  Then don’t leave the time, and there will be no more

  Hang more rainbows in the sky you overlook

  I will keep your pride in my heart tightly

  Remember your tenderness in the cold winter

   Fill my heart with joy

   Sadness is also tears with a smile

  Countless meet up

  If you only have this life, then why do you want to start all over again?

  Come, come...After drinking this glass, there is still a glass

  After drinking this cup, there are still three more cups!

This song sounds exciting and has a strong sense of rhythm. Wang Guanxi couldn't help but move gently to the rhythm of the music. He was alone in the kitchen, his expression was very awkward, and he was holding a glass of Budweiser beer in his hand. Drink it.

He shorted 10 million shares of China Resources Beer, asked Wu Zhanhai of Wing Lung Securities to borrow 1 million shares, Wu Zhankun of Wing Lung Insurance borrowed 4 million, Guan Wenwei of Western Securities International Co., Ltd. borrowed 2.2 million shares, and Wu Hongsheng of South China Securities borrowed. 2.8 million shares.

   "I don't know how these four guys are now?"

  Wang Guanxi bet against these four people. Wang Guanxi made money, and the four of them must have lost money.

  China Resources Beer’s stock will continue to fall, and these four people will lose more money.

  At this moment, Wing Lung Securities and Wu Zhanhai saw that China Resources Beer, China Resources Gas, and China Resources Cement had fallen so much, they suddenly wanted to vomit blood, and they suffered miserable losses in their stock accounts.

   "Wang Guanxi, that kid, really amazing, he must have made a lot of money this time"

   "Oh, why do I always lose money"

  Wu Zhanhai couldn’t understand that since he met Wang Guanxi, he lent stocks to Wang Guanxi every time he was greedy for Wang Guanxi’s interest, but the loss on the stock was much higher than the meager interest earned.

Wing Lung Insurance, Wu Zhankun is even more uncomfortable. He previously increased his holdings of 21 million shares of China Resources Beer, and now he holds 25 million shares of China Resources Beer in his account. The position of the position is 22.00 yuan per share. On China Resources Beer alone, he has lost 175 million. Hong Kong dollar.

  After the quotation opened in the afternoon, the share price of China Resources Beer continued to fall!

  Under the sell-off of AIA.

When    closed, it fell to the 10.00 position.

  Wu Zhankun watched this scene sadly, and lost as much as HK$300 million in China Resources Beer.

  China Resources Gas lost 75 million yuan.

  China Resources Cement has a floating loss of 25 million yuan.

  ···

  Western Securities International's Guan Wenwei's face was a bit gloomy. He didn't expect China Resources Beer to fall so much, but he did not hold many shares, which was only 2.2 million shares.

   The heinous thing is that compared with CNOOC, it is also falling. He has done more CNOOC, and the floating profit in his account has decreased by tens of millions of Hong Kong dollars.

  Wu Hongsheng of South China Securities has a bad face. His holdings of ICBC, China Resources Beer, China Resources Cement, and Sinopec stocks are all floating profits, but now the floating profits are gone.

  Fortunately, he has done more CNOOC. Although CNOOC has fallen a lot today, there is still a floating profit in his account.

  (End of this chapter)