Chapter 174 174 Successfully fooled the public financial giants to cash out 1.5 billion

  Thinking about Wang Guanxi's plan to sell good assets and cash out cash.

  Such as the stocks of CNOOC, Sinopec, PetroChina, Penguin Group, and BYD Auto.

  Of course, there are also a lot of liability reserves, which are stored in a special bank account and can have interest. However, in order to avoid the Securities Regulatory Commission from making trouble, Wang Guanxi planned to sell the stock.

  "Sell CNOOC, Sinopec, and PetroChina first."

  So Wang Guanxi called the horses.

  Mu Honglie, Chen Xuezhen, Wei Weicheng, Huang Shaokai, Wang Juehao, Kawauchi Yuji, Ogura Go, Huang Jiajiang, Bai Weiqiang, Zhen Dahua, Huang Xuehui, He Chunlong, Zhong Guowei.

   "You go to a buyer, it is best to sell the shares of CNOOC, Sinopec, and PetroChina at the market price"

  Currently these stocks are worth 1.2 billion Hong Kong dollars. Wang Guanxi hopes to find buyers and sell all these stocks at market prices.

   Then mobilize funds to short the Galaxy Entertainment Group, so that Lu Yinhe can taste how it feels to be shorted.

  Wang Guanxi remembers that Galaxy Entertainment Group’s stock price plummeted twice, the first time before the financial tsunami.

  "Yes, BOSS" The horses went to do it immediately.

  At this time, Wang Guanxi spoke again: "By the way, those portfolio bonds, Washington Mutual Bank, Merrill Lynch, and Lehman Brothers bonds are all packaged and sold."

  These bonds are also worth 500 million Hong Kong dollars. Now the subprime mortgage crisis has begun to impact the US banking industry.

  Several banks that went bankrupt in succession, these portfolio bonds are not selling very well, because everyone is worried that the banks will also go bankrupt.

   "It's the BOSS" everyone has gone to do it.

  At night, Wang Guanxi received a call from Wu Zhankun.

   "Mr. Wu, what's the matter?"

  "Boss, I heard that there are a few financings in the clubhouse tonight. Are you interested in coming over and see?"

  Since the acquisition of Wu Zhankun’s Wing Lung Insurance, Wu Zhankun has been serving as the executive director of Hong Kong Black Shirt Insurance Company.

  Of course only part-time, he also has other industries.

  However, his property is losing money, and because he made Wing Lung Insurance a huge loss, he was not seen by the Wu family.

  He has accepted the reality and began to focus on the Hong Kong Black Shirt Insurance Company.

  His small company has cooperation with the Hong Kong Black Shirt Insurance Company and can get some benefits from it.

  "Okay, let me take a look." Wang Guanxi is still very interested in corporate financing.

  Although many companies may be garbage companies, there are also very good companies. Go and see if you find a treasure.

  If you have no money, you can get a loan from Wing Hang Bank.

  So he came to a private club in the financial circle.

   Zhang Dexi, the executive director of the Hong Kong Black Shirt Insurance Company, is also there. Now, Zhang Dexi still has Cathay Ventures under his name, but it is also difficult, but he still has a lot of spare money.

  "Boss, you are here too"

  Now he is also getting a salary from the black shirt insurance company. He is no longer equal to Wang Guanxi, but calls Wang Guanxi his boss.

   "Mr. Zhang, are you here too, are you here to participate in the financing tonight?"

   "Well, come and take a look, there is still a lot of free money in hand" Zhang Dexi laughed.

   Then everyone enters the club together.

  Many people came here tonight, many of them were discussing business, such as selling financial assets under their own name or their own company, or equity in non-listed companies at market prices.

  Or everyone can jointly invest and share the risk.

  Wang Guanxi also sees whether he can sell the portfolio bond assets of the black shirt insurance company.

  Today, the chairman of several listed companies, as well as the chairman of non-listed companies, come here to look for financing.

  Chairman of Behringer International, Chairman of Hejun Group, a large Hong Kong toy manufacturer, Chairman of Tailin Electric, Chairman of Hong Kong Electronics, Hongda Printing Group, Yijinli Group···

  These are all companies that will close down after the financial tsunami in the future. Wang Guanxi is not interested in financing.

   is just the chairman of Hejun Group. Hu Yunbin talked about it on stage and attracted many investors.

  Hong Kong Hejun Holding Group was established in 1996. It has four production plants in Guan City and Qingyuan City and employs about 10,000 people.

  Mainly produces high-end electronic toys, plush doll toys, etc., which are exported to Europe, North America, Japan and other regions. The annual sales of the entire Renhejun Group exceed 700 million Hong Kong dollars.

  The current market value exceeds 1 billion Hong Kong dollars, which is just the reason why Hejun Group deliberately maintains its stock price, and the trading volume of the stock is very small.

  I want to raise funds now, just to lie to investors, but Wang Guanxi did not reveal it.

  However, Hejun Group is also one of the largest toy foundries in the world, and many investors are very interested.

  All these investors will lose money. If you lose money, you will lose money. Those who engage in finance and venture capital are all rich owners.

  Zhang Dexi, Wu Zhankun and Wang Guanxi were drinking and chatting.

  While Wu Zhankun saw his cousin Wu Zhanhai, he did not say hello.

  Because Wu Zhanhai still owed him 100 million Hong Kong dollars, he did not return it.

  I heard that it was used as the Hang Seng Index. At one time, he said that he had a floating profit of 400 million Hong Kong dollars and a floating loss of 200 million Hong Kong dollars, but he did not pay him back.

  At this time, Zhou Xianyi, chairman of Yijinli Group, saw Zhang Dexi, Wu Zhankun, and Wang Guanxi, so he walked over and said hello.

  "Zhang, President Wu"

   "It's been a long time, your black shirt insurance company is now getting bigger and bigger"

  Zhou Xianyi knew Wu Zhankun and Zhang Dexi. The Black Shirt Insurance Company was formed by the merger of several insurance companies. He always believed that Zhang Dexi and Wu Zhankun were in control of the insurance company, and ignored the young Wang Guanxi.

  "This is Mr. Wang, my boss" Zhang Dexi said

   Wu Zhankun also said: "Mr. Wang, this is the real boss behind the black shirt insurance company."

   "Ouch, Mr. Wang, hello" Zhou Xianyi's face changed suddenly, and he greeted Wang Guanxi very enthusiastically and shook hands.

   "Sorry, Mr. Wang, I didn't recognize it for a while"

   "It's okay, Mr. Zhou" Wang Guanxi smiled faintly.

  Everyone started drinking and chatting, and then Zhou Xianyi began to fool Wang Guanxi to invest in his Yijinli Group.

  Headquartered in Hong Kong, Yijinli Group is a well-known international watch and jewellery company and Asia’s largest luxury watch retailer, providing one-stop services covering the manufacture, distribution and sale of watches and jewellery.

  In China, Yijinli now operates a huge fashion watch retail network called TimeZone, and a joint venture, PeaceMark Tourneau, as the flagship business unit that distributes and retails more than 100 middle and high-end watch brands in the Greater China region.

With its strong design and manufacturing capabilities, it is also engaged in the manufacture and distribution of timepieces in many regional markets, including the United States, China, Europe and other Asian countries. Its advanced production facilities are located in Hong Kong, Shenzhen, Guangzhou, Lu, and Benin, Switzerland.

  Last year’s annual turnover was as high as RMB 4.47 billion and net profit was RMB 700 million, which is awesome.

  The company is currently listed in Hong Kong, with a market value of up to 6 billion Hong Kong dollars. In 2008, the market value of 6 billion Hong Kong dollars was quite large.

  However, Wang Guanxi knew that the Yijinli Group would also be finished. One day, the stock price plummeted by 80% and the market value shrank by HK$4.82 billion. In the end, the insolvent debts went bankrupt, and Zhou Xianyi also ran away.

  The main reason for the bankruptcy was that Yijinli Group acquired the Singapore-listed company Xianshi Watch Company!

  The acquisition of Xianshi Watch Bank spent more than 2 billion Hong Kong dollars, and it spent more than 2 billion Hong Kong dollars to delist it privately. The total investment was more than 4 billion Hong Kong dollars. Most of this money was borrowed from banks mainly based on Hong Kong's Standard Chartered Bank.

  Unexpectedly, there was a financial crisis this year. Banks suddenly reduced credit and urged repayment. Yijinli Group’s repayment bill reached 1.2 billion Hong Kong dollars. This fund broke Yijinli’s funds and eventually led to the collapse of the overall situation.

  My TM still wants to short your company, and you still want to lie to Laozi to invest in your company.

   Nonsense!

   "Mr. Zhou, my company lacks funds now, but I can't participate in the financing of Yijinli Group"

   Zhou Xianyi smiled and said: "It's okay, next time we can continue to cooperate"

  At this time, Wang Guanxi thought for a while and said: "Mr. Zhou, you can find Hong Tianwen, the boss of Get Good Financial Group, and Lu Yinhe, the boss of Galaxy Entertainment Group. They may be interested in investing."

  Hong Tianwen and Lu Yinhe, these two disgusting bastards, caused the black shirt insurance company to lose a huge amount of insurance premiums in the future.

  There are also various disgusting black-shirt insurance companies, and Wang Guanxi is naturally endless with them.

  Once the black shirt insurance company has collected funds, Wang Guanxi will go short the Galaxy Entertainment Group first, but before that, it is best to drag them into the water.

   Zhou Xianyi listened and smiled: "I just know them, maybe I can try."

After Zhou Xianyi left, Wang Guanxi's phone rang and it was called by Huang Shaokai, CEO of Black Shirt Insurance Company. He said that he had already reached the buyer continuously. The other party could buy CNOOC, CNPC, and Sinopec worth 900 million Hong Kong dollars at market prices. stock.

  Wang Guanxi was very happy, and then ended the call.

  CNOOC, PetroChina, and Sinopec have 300 million shares left, as well as a portfolio of bonds worth 500 million Hong Kong dollars, all of which are packaged and sold.

  So he glanced around.

  Old acquaintances are all there.

  Ping An Fund, Hao Yumao

  Wing Lung Securities Company, Wu Zhanhai.

  Dingyi Financial Company, Li Guangyu.

  Western Securities International Securities, Guan Wenwei.

  South China Securities, Wu Hongsheng.

  Guoco Financial Group, Guo Linhai

  Of course there are some newcomers.

  Koala Financial Group, Lu Jianting.

  Astron Finance, Guan Zhenyi.

  Hongye Futures, Lin Jiyang.

  Shengli Securities·Chen Peiquan.

  Orient Securities, Cai Manji.

  Keystone Capital, Zhang Renliang.

   Then Wang Guanxi walked over to see if they were interested in taking over their portfolio bonds.

   "Selling a portfolio of bonds worth 500 million Hong Kong dollars for 400 million Hong Kong dollars, are you interested?"

  Li Guangyu, Guan Wenwei, and Wu Hongsheng lost a lot on the Hang Seng Index. Naturally, they are not interested in any combination of bonds. They are still short of money, and they are here to pull investment tonight.

   "Guanxi, I still lack money, but I can't afford your portfolio bond"

   "Yes, the Hang Seng Index suffered a miserable loss, we liquidated our position, and it went up"

   "I'm so **** off"

  Wang Guanxi smiled faintly, and comforted: "It's okay, there are losses and losses, I will definitely earn it next time."

   Then he smiled at Wu Zhanhai and asked: "Brother Zhanhai, our company is short of funds recently. The portfolio investment bonds of 500 million have stable income and 400 million Hong Kong dollars are sold to you. Do you have any interest?"

  Wu Zhanhai smiled bitterly and said: "My brother, I have no liquid funds, otherwise I will definitely buy your portfolio bonds."

   "This time the Hang Seng Index is really killing people"

Compared with Li Guangyu, Guan Wenwei, and Wu Hongsheng, his situation is better.

  He holds 4,000 lots of the Hang Seng Index, his position is at 21,300, and one point fluctuation is 200,000 Hong Kong dollars.

  Before, when the Hang Seng Index rose to 23,300, there was a floating profit of HK$400 million in the account.

  Then the Hang Seng Index plummeted all the way from the position of 23,000 to the lowest of 20,300. His account was originally a floating profit of HK$400 million which turned into a floating loss of HK$200 million, and almost liquidated his position.

  Fortunately, the Hang Seng Index has been rising these days, and now it has rushed to the 21,200 position.

  There is only a floating loss of 100 points in the account, that is, a floating loss of 20 million Hong Kong dollars.

  While Wang Guanxi earned 1.5 billion Hong Kong dollars on the Hang Seng Index before, he is simply envious of him.

   Then he asked: "Guanxi, are you still doing the Hang Seng Index recently?"

  This Wang Guanxi is so powerful, he wants to explore the direction of Wang Guanxi's operation, and then determine whether he wants to close the position early, or follow Wang Guanxi to make a direction.

  Wang Guanxi smiled and said: "No, I have locked the position at 20300, and I plan to release it in a while."

  He holds 10,000 short orders and 10,000 long orders in his account.

  No matter how the Hang Seng Index changes, his net account value will not change, which is 1.7 billion Hong Kong dollars.

  He wants to wait for the Hang Seng Index to reach the 21500 position before releasing his position.

  Close the 10,000-lot long list, and then continue to increase short positions at a high position!

  Wu Zhanhai gave Wang Guanxi a thumbs up, admiringly said: "Brother, you are still amazing, you are locked in the lowest position, brother, I really admire you"

  I have to say that Wang Guanxi is an investment genius!

   unexpectedly locked the position at the lowest point, the sense of play and judgment are simply super accurate.

  When he just started, he was worth far more than Wang Guanxi.

  At that time, Wang Guanxi couldn't look down on this kid. I didn't expect Wang Guanxi to start looking up a little bit today.

  It's hard to keep up with Wang Guanxi's pace anymore.

Before I knew it, I actually wanted to speculate with Wang Guanxi.

  Wang Guanxi smiled faintly: “Brother Zhanhai has passed the prize, and I was just lucky. I applied for 100 times leverage to short the position, and I almost broke my position. It was very thrilling.”

  Li Guangyu, Guan Wenwei, and Wu Hongsheng immediately admire them even more: "Guanxi, I admire your courage."

   "Yes, I don't have the guts of you"

  "Brother, alas, now I am as timid as a mouse, knowing that the Hang Seng Index is going to rise sharply now, I dare not enter the market anymore."

  Listening to Wang Guanxi confessing to short the Hang Seng Index with a leverage of 100 times, he almost broke his position. They had a hundred services in their hearts.

  They just use 10 times leverage, because a 2,000 point drop in 100 times leverage can make you liquidate your position several times in a row.

  At this time, Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji, and Zhang Renliang also came.

  The six people jointly traded, mobilized 4.2 billion Hong Kong dollars in funds, and bought 200,000 lots of the Hang Seng Index.

  The position of opening a position is 20400, and now there are 800 points floating in the account, totaling 8 billion Hong Kong dollars, and each earning 1.5 billion Hong Kong dollars, which is really cool.

  However, Wang Guanxi, the six of them all heard about it. Several times they heard Wu Zhankun, Li Guangyu, Guan Wenwei, and Wu Hongsheng boasting that he is an investment genius. When I saw him today, it was indeed a bit extraordinary.

  Koala Financial Group’s Lu Jianting smiled and said: “I heard that Mr. Wang used 100 times the Hong Kong dollar to short the Hang Seng Index and earned 1.5 billion Hong Kong dollars?”

   Honestly, he was a little skeptical, so he wanted to ask in person.

  It is necessary to apply for 100 times leverage, which is extremely risky. If you fluctuate by a few hundred points, you will have to liquidate your position.

  Wang Guanxi smiled: "It's just an accident, 100 times leverage almost broke the position."

  Guan Zhenyi of Astron Financial said: "Accidents are also a kind of strength."

Lin Jiyang of Hongye Futures also echoed: "Mr. Wang doesn't have to be humble, he has the strength to make money."

Chen Peiquan of Shengli Securities said in a big boss's tone: "Mr. Wang is really a hero."

  Cai Manji of Orient Securities said with a smile: "Mr. Wang, I will definitely have something to do in the future. I used to be very courageous and like to use high leverage."

  He is also a gangster

  Dingshi Capital’s Zhang Renliang echoed: “You’re young and vigorous, just make money.”

  This is also a gangster tone.

  It's pretty pretentious.

  Wang Guanxi couldn't help but sneer inside.

  At this time, Lu Jianting of Koala Financial Group asked: "Mr. Wang, Hang Seng Index, what do you think of the follow-up?"

  Wang Guanxi flickered: “Of course it’s bullish, I think it’s okay to rise above 25,000 points”

   Then Wang Guanxi deliberately analyzed it, making the six people feel very agree.

  Wang Guanxi sneered in his heart. When the Hang Seng Index drops to 10,000 points in the future, you will cry!

   Then Wang Guanxi started to fool them to buy their own portfolio bonds!

   Bonds worth 500 million Hong Kong dollars are sold at a 20% discount and 400 million Hong Kong dollars.

  Lu Jianting said: "Guanxi, nowadays American banks have gone bankrupt, many bonds are defaulting, and there have been many problems. Your 400 million Hong Kong dollars is a bit expensive."

Wang Guanxi said: "What's the matter here? Small banks are only going to go bankrupt. Big banks will not go bankrupt. My bonds are fine. These are the bonds of Washington Mutual Bank and Lehman Brothers. It's a century-old bank"

  Washington Mutual Bank, and Lehman Brothers eventually went bankrupt.

   "If I were not eager to cash in cash, I would not sell these portfolio bonds at a discount."

   "Brother Lu, then you can say a price"

  Lu Jianting asked: "How about 300 million Hong Kong dollars? Six of us bought it."

   Suddenly Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji, and Zhang Renliang also spoke.

  If you get a 40% discount, you get a 40% discount. These bonds are ultimately worthless. It would be nice to get 300 million Hong Kong dollars.

  Wang Guanxi thought for a while and said: "I also plan to sell some Sinopec, CNPC, and CNOOC stocks at market prices. Now the company needs cash."

  Lu Jianting: "Then how about we buy another 300 million Hong Kong dollars?"

  "OK, deal"

   So Wang Guanxi sold 500 million worth of bonds and 300 million worth of stocks to Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji, and Zhang Renliang.

  Next, a lawyer was called to sign the agreement.

   Cash out 600 million in cash.

  Wang Guanxi is very satisfied. These portfolio bonds will be worthless in the future. Sinopec, PetroChina, and CNOOC have also fallen sharply, and these six will also lose a lot.

  Lu Jianting said: "Happy cooperation, there will be such a good bond in the future, even if you sell it to us"

  He thinks Wang Guanxi is really timid. This Lehman Brothers, Wall Street Mutual Bank is a century-old enterprise!

  Wang Guanxi is eager to sell such a good bond at 40% off!

  At a loss, he still thought that Wang Guanxi was bold enough to short the Hang Seng Index with 100 leverage.

  This transaction allowed them to directly make 40%. It was a fool to give them money.

  On Sunday, the CEO of the black shirt insurance company also negotiated a deal with the buyer.

  The stocks of Sinopec, PetroChina and CNOOC, valued at HK$900 million, were all sold to China Strategic Asset Management Co., Ltd., a subsidiary of China Strategic Group.

  Sign the contract at noon.

  So at noon, Wang Guanxi and Huang Shaokai had lunch with Ke Qinghui, Chairman of China Strategic Group, and Zhou Jinhua, Vice President.

   Ke Qinghui looked at such a young Wang Guanxi, it was shocked.

   "Mr. Wang, I didn't expect you to be so young. Young and promising are no longer suitable for you. You are simply a genius, a genius!"

  The Black Shirt Insurance Company is also considered a big insurance company, with assets of nearly HK$15 billion. I didn’t expect the real boss to be so young.

  This is something he never thought of. He, who has always been knowledgeable, frightened the waves in his heart.

  Wang Guanxi smiled and said: "Mr. Ho, I've passed the prize, I just used the money to vote."

  "Haha"

  Then everyone chatted and then had lunch.

  The clients of Zhongce Asset Management Co., Ltd., a subsidiary of Zhongce Group, are mainly aimed at the wealthy, insurance companies, and pension funds, just like the previous Value Partners Group.

  However, the scale of customer assets managed by Value Partners Group is a bit larger than that of Zhongce Group.

The market value of Value Partners Group is only HK$7 billion, while the market value of China Strategic Group is more than HK$10 billion.

  Although Value Partners Group manages more client assets than Zhongce Group, Value Partners Group’s own net assets are not as good as those of Zhongce Group.

  This time China Strategic Group acquired shares in Sinopec, PetroChina, and CNOOC. The first is bullish, and the second is that these three companies will pay dividends soon, so he bought these stocks.

  After lunch, everyone signed the equity agreement.

  Another HK$900 million in cash, plus the 600 million in cash received last night, this gives Wang Guanxi’s black shirt insurance company 1.5 billion in cash flow, which is really cool.

  Before selling a portfolio of bonds worth 500 million Hong Kong dollars because of a 40% discount, it lost 200 million Hong Kong dollars.

  Currently, the total assets of the black shirt insurance company are 14.5 billion, financial assets of 5.1 billion, cash flow of 1.5 billion, real estate of 900 million, and liability reserves of 7 billion.

  Total liabilities are 14.7 billion, of which 500 million are loans from China Merchants Bank, and 500 million are loans from Get Good Credit Company.

  Black Shirt Insurance's net assets are negative HK$200 million.

   But it’s okay.

   will soon become positive.

  Going back in the afternoon, Wang Guanxi opened the stock chart of Galaxy Entertainment Group!

  Now is the time to settle accounts with Lu Yinhe, the bastard.

  Currently, Galaxy Entertainment Group’s stock price is still rising, at 5.84 position, with a total equity of 4.3 billion shares and a market value of more than 25 billion Hong Kong dollars.

  The black shirt insurance company will be short of Galaxy Entertainment Group.

  "1.5 billion Hong Kong dollars does not seem to be enough"

  (End of this chapter)