Rebirth of the Financial Crisis Sweeping the World

Chapter 176: 176 miserable Lu family consumes 3.5 bil

  Chapter 176, 176, the Lu family’s 3.5 billion ran out of misery!

  The next day, August 25th, Monday.

  Wang Guanxi got up very early. Today is the day when the black shirt insurance company shorted Galaxy Entertainment Group.

  He was a little excited.

  If this battle is successful, the life of the Lu family will be even more difficult in the future.

  In the future, when Galaxy Entertainment Group's capital chain is broken due to the shock wave of the financial tsunami, the Lu family will not be able to spend money to save the company. Just think about it.

   "The Lu family, and the Hong family, just look around"

  Lv Bank’s Galaxy Entertainment Group, Hong Tianwen’s marriage to the Financial Group, these days, the black shirt insurance company can’t be consolidated.

  Various lawsuits, class action lawsuits, and surrender of insurance, which caused a lot of trouble.

  Fortunately, Wang Guanxi’s horses are dealing with it.

All the horses under    are experienced talents, which can be used a lot, and Wang Guanxi doesn't need to worry about it.

  He can manage the horses well.

  Bought breakfast, two big steamed buns, and a cup of soy milk. Pushing his bicycle and carrying a violin on his back, he strolled in the corridor of the dock.

  The sea breeze came slowly, it was very cool.

  Find a place, sit down, eat breakfast while listening to the steam siren of the ship.

  Until the early morning sun rises from the clouds, the golden sun shines on Wang Guanxi, which is especially warm. He picked up the violin and played [Sky City].

   Then the melodious and beautiful voice spread out, Wang Guanxi was very intoxicated in it.

  Several runners around were gradually sitting on the stone bench by the side and listening to the tune of Wang Guanxi La.

  At this time, a young man was passing by, wearing Nike sneakers, and there were two tall beauties by his side, obviously coming for a run together.

   "Shao Lu, this tune is really good," the woman in the white skirt said.

   "The little boy plays very well, just like the violinist in Shao Lu's house" said the woman in the black short skirt.

  The Lu Shao they are talking about is exactly Lu Yinhe’s son, Lu Qihui, who has been talking with two model girls recently, a bit tired.

  So I got up very early this morning and exercise

   "I like to listen, let him play another song." As Lu Qihui walked to Wang Guanxi, he looked down and said, "My child, you are doing a good job!"

  Wang Guanxi glanced at the strange man, and said lightly, "Thank you"

  Lü Qihui said: "Come and play me a song"

  Wang Guanxi shook his head: "Not interested anymore"

  Lu Qihui smiled slightly, took out 1,000 yuan from his pocket, and smiled: "Pull two songs, I'm just eating breakfast"

  Wang Guanxi shook his head. There was no bird, he retracted the violin, and then left on his bicycle. He was going to short the Galaxy Entertainment Group of the Lu family.

   "Hey, I can't help but I can hear you well" Lv Qihui muttered to himself: "The little kid is really interesting now."

  He shook the 1,000 dollar Hong Kong dollar in his hand, looked at Wang Guanxi’s back, and muttered, "It’s pretty good."

  Two female models came over.

   "Shao Lu, that little kid doesn't know how to promote" the woman in the white skirt said: "Shao Lu, why don't you say your identity?"

   "If he knows that you are the Lu family eldest master, he must come over and play the violin for you" The woman in the black short skirt looked proud.

  The virtues of the two female models are similar to those of Wang Guanxi’s GBE Model Company.

  Lv Qihui shook his head: "I am relatively low-key now, forget it, the kid is not qualified to know my identity."

   Then he returned to the nearby hotel with the two women in his arms. He planned to take a bath and then went to the Galaxy Building. Today, he will have a battle in the stock market.

  His family raised 3 billion Hong Kong dollars in funds to kill the black shirt insurance company that overwhelmed it.

   Hearing that the Black Shirt Insurance Company had mobilized 2 billion Hong Kong dollars in funds, he dismissed it. It is estimated that it is bragging.

  This black shirt insurance company was recently repaired by the Galaxy Entertainment Group and Get Good Financial Group. It has become a mess in the insurance industry.

  Selling the family business of their Lu family now is nothing short of death.

  According to his uncle Hong and Hong Tianwen, if the black shirt insurance company does not die, it will not die.

  ··

At this moment, at the headquarters of the Blackshirt Insurance Company, a bicycle stopped, Wang Guanxi got off the car and entered the Yonglong Building with big sunglasses and a violin on his back. The CEO of Blackshirt Insurance Company Huang Shaokai, the two vice presidents Wang Juehao and Bai Weiqiang all waited for a long time. .

  "BOSS, good morning!"

   "Yeah" Wang Guanxi nodded, lifted up his large sunglasses slightly, and then the three of them entered the elevator.

  A female white-collar worker in the distance watched this scene stunned.

   "This, this, what is going on?"

  "Is that violin boy the boss of three successful men?"

  At this moment, in the black shirt insurance company and the president’s office, everyone is gathered together. There are many people in the office, many computers, and the trader is ready.

   "Go short at the opening, use a small amount of stocks, first hit the stock price to the 5.00 position" said Wang Guanxi and came to the boss chair.

   "Yes, BOSS"

  At this moment, the Galaxy Entertainment Group, the office of the chairman, Lu Yinhe and Lu Qihui are all present.

Lv Qihui said with excitement: "Father, this black shirt insurance company is overpowered. I heard that the funds they mobilized this time have caused the company to run into a cash flow shortage. We can blow them up all at once and let them play with huge losses! "

  Lu Yinhe smiled slightly: "The money earned from the black shirt insurance company this time will be used to buy the black shirt insurance company. Uncle Hong is ready."

  This time the black shirt insurance company's unpredictable act of death will ruin all the previous efforts of the black shirt insurance company.

  Currently, the Black Shirt Insurance Company still owes a loan of HK$500 million to Set Up Credit. At that time, it can take this opportunity to draw a loan on it and force it to repay.

  If it still fails, he will sue, freeze assets, revalue the black shirt insurance company, and then forcefully acquire it.

  At present, the legal affairs company under the Get Hao Financial Group is already preparing, just waiting for the black shirt insurance company to be blown up in the stock market.

  The manager in charge of the trader also said: "Chairman, this black shirt insurance company is really an egg hitting a stone, and I don’t know your financial resources."

   Then he continued to analyze: "Chairman, I estimate that they said that 2 billion Hong Kong dollars to short Galaxy Entertainment Group is bragging, and it is estimated that it is 500 million to 1 billion Hong Kong dollars!"

  Na Lu Qihui also said: "It's just to scare people. This time, kill them!"

  The manager of the trader vowed: "We can run the stock steadily above the 5.00 position."

  Lu Yinhe nodded in satisfaction: "Ready, we will eat as much as we come, and let the black shirt insurance company take the shot at the opening."

  The funds for this trader are funds belonging to their Lu family and placed in the family’s offshore fund, which holds 45% of the shares of Galaxy Entertainment Group.

  They mobilized HK$3 billion in funds to increase their shareholdings, and by the way, they sold out the black shirt insurance company.

  The company is about to pay dividends in three days. They increase their shareholding, and then they can also pay a dividend. They can also kill the black shirt insurance company in the stock market. It is a good way to get the best of both worlds.

  Thinking of this, Lu Yinhe couldn't help but sigh, it's really good time and place.

  "Yes, Chairman" traders are very excited.

  Suddenly Lu Yinhe thought of something and asked: "Has the news of the increase in family holdings been released?"

  Last night, Zhou Jin, the trader manager, gave him a suggestion, that is, put the news of the Lu family’s plan to increase their holdings of Galaxy Entertainment Group’s stock in the stock bar.

  Trade manager Zhou Jinci smiled and said: "Chairman, it has been released."

  This time, the positive news will be given to retail investors, in order to let the retail investors do their cannon fodder, first buy it, and consume the funds of the black shirt insurance company.

  Although the retail investors have a small amount of funds, it consumes a little bit of the funds of the black shirt insurance company!

  Zhou Jinci is an old world, and he is no stranger to financial wars.

  He won steadily this time.

  Although he can crush the overweight black shirt insurance company, he didn't do that, but killed it safely.

  Thinking of this, he said excitedly: "Chairman, those retail investors are our cannon fodder soldiers, rushing to the front, let the black shirt insurance company taste the enthusiasm of retail investors!"

   "If the funds of this black shirt insurance company are very small, retail investors can kill it without us!"

  Before the black shirt insurance company bragged about mobilizing HK$2 billion of funds to short the Galaxy Entertainment Group, he guessed that this number would be halved, or even halved again after the halving.

   "Haha, good!" Lu Yinhe was very happy.

  The stock market opens soon.

  The black shirt insurance company did not move before the opening.

   Galaxy Entertainment Group’s stock began to rise under the buying of retail investors.

  Because in the post bar, it seems to be rumored that the Lu family wants to increase their holdings of Galaxy Entertainment Group’s stock.

  So everyone buys first when it is low now. When the time comes, the Lu family will increase their holdings of Galaxy Entertainment Group's stock, and the stock price will continue to rise a lot.

  These retail investors make money.

  These greedy retail investors are still buying actively and fiercely.

  As everyone knows, these retail investors are cannon fodder in the eyes of Zhou Jinci, the trader manager of Galaxy Entertainment Group.

  The stock price quickly rose from 5.84 to 6.00 before the enthusiasm of retail investors.

  Black Shirt Insurance Company, Wang Guanxi saw that the stock price had risen to the 6.00 position, he was immediately delighted, and said: "1 million shares, just throw it away!"

  Wang Guanxi felt that the Lu family hadn't made a move yet, but the retail investors were buying. First let the retail investors rush in, and then scared the retail investors to death.

  At that time, when retail investors see a bad situation, they will run away in embarrassment and sell stocks.

  The retail investors who bought, turned into retail investors who sold, and they would turn from a long position to a short position, standing on the side of the short position, commonly known as anti-water.

  Poor retail investors are cannon fodder in the eyes of Galaxy Entertainment Group, and cannon fodder in the black shirt insurance company.

   "Yes, BOSS!" Traders began to smash the market, frightening retail investors.

   Suddenly 1 million hands smashed down, sealing the 6.00 position.

  But it quickly rose back, after all, the enthusiasm of retail investors has not extinguished.

  Wang Guanxi continued to command: "Smash another 5 million hands!"

  "Yes, BOSS" traders hit the market again!

   is a one-time smashing, consuming all the buying at the 6.00 position in the market in an instant.

  The stock price of Galaxy Entertainment Group actually fell to 5.80, which scared the retail investors who chased the rise at a high level. They stopped buying and waited and watched.

   "Oh, my mother, why did you fall so fast?"

   "Didn't the Lu family say that they are increasing their holdings?"

   "The grass, is it fake?"

  Retail investors are questioning in the stock bar.

  However, several sailors arranged by Zhou Jinci in advance appeared, stabilizing the psychology of the retail investors.

  Retail investors continue to buy.

  The stock price has returned to the 6.00 position again!

  Wang Guanxi continued to shout: "Smash 5 million hands again!"

  This time the stock price was directly smashed to the 5.70 position.

  Retail investors are completely scared this time, and not many retail investors have bought in.

  Go to the black shirt insurance company and continue to smash!

  5 million shares!

  The stock price continues to fall!

  5 million shares!

   Continue to fall!

  Stocks bar where live stock trading, the navy is no longer useful, no retail investors are buying.

  The black shirt insurance company continued to smash, until the stock price reached 5.00, and then stopped smashing.

  Retail investors are fighting losses. This morning of TM, they lost 14%!

  Many retail investors regretted it in their hearts, and yelled at the stock commentator who was broadcast live.

   "Shabi, didn't you say that the Lu family will increase their holdings of Galaxy Entertainment Group today?"

  "Where is the increase in holdings?"

   "You liar, you have no eyes to give birth to a daughter!"

   "Grass your uncle!"

   "The old man!"

  At this time, Galaxy Entertainment Group, the trader manager Zhou Jinci shot.

"start to act!"

  "Move the stock price directly to the 6.00 position!"

  This time the stock price was smashed from the position of 6.00 by Blackshirt Insurance. Obviously, the average short position of the Blackshirt Insurance Company has been declining, so he wants to pull it up, but the Blackshirt Insurance Company is losing money!

  "Yes, Manager Zhou" traders have taken action.

  5 million shares!

  5 million shares!

  5 million shares!

  ···

  The stock price rose all the way and quickly rushed to the 6.00 position.

  Zhou Jinci smiled, and now the black shirt insurance company's account has lost money.

  "Stop holding up!"

  While the stock market is lively again, the retail investors are very excited, because the Lu family has begun to increase their holdings, which must be the case, and they are showing greedy eyes again.

   "Grass, fortunately there was no stop loss just now"

   "Yes, yes, I lost money just now, and I didn't close the position, otherwise I would lose money in vain"

   "Haha, the Lu family has increased their holdings, I'm just waiting to make money"

  How did they know that Zhou Jinci just pulled the stock price to 6.00 and did not rise.

  And for the black shirt insurance company, Wang Guanxi ordered: "Smash 5 million hands."

   "Yes, BOSS"

  The stock price turned and fell!

   "5 million shares!"

   "5 million shares!"

  ···

   keeps smashing down, retail investors are like a roller coaster with a fast heartbeat.

  The stock price fell to the 5.00 position and stopped again. Zhou Jinci once again ordered: "Keep going up and see how much money the black shirt insurance company has."

   "10 million shares this time!"

   "As usual, pull it to the 6.00 position and let them hit the plate!"

  "Yes, the manager" the traders excitedly acted.

   Then everyone buys a lot!

  The stock price of Galaxy Entertainment Group quickly rose from the 5.00 position to the 6.00 position, and then stopped!

  And the black shirt insurance company also increased its selling and began to hit the market!

  8 million shares!

  8 million shares!

  ··

  The stock price has returned to the 5.00 position again.

  Zhou Jinci prepared to shout: "Continue to buy 10 million shares"

   Suddenly the stock price rose by 0.3 yuan, rushing from the 5.00 position to the 5.30 position.

  This makes Zhou Jinci very strange. What is going on?

  It turned out that large retail investors bought it.

  Because the stock price stopped every time it dropped to the 5.00 position, a savvy retail investor grabbed Zhou Jinci’s bargaining chip ahead of time, bought 6 million shares, and emptied the selling order on the market.

  Zhou Jinci immediately said: "Stop buying"

   Then many retail investors were also buying, and soon the stock price rushed to the 6.00 position.

  And the black shirt insurance company intends to continue to hit the market!

  But the stock price suddenly dropped by 0.4 yuan, from the 6.00 position to the 5.60 position. Obviously, someone rushed ahead and shorted it.

   "What an annoying big retail investor!"

   had to stop hitting the market and let the stock price vibrate near the 5.60 position.

  At this moment, in an office, Chu Jianming, the former chairman of Convoy Global Insurance Company, is shorting Galaxy Entertainment Group.

  He learned the news.

  That is the battle between the Black Shirt Insurance Company and the Lu family!

  He hates the Lu family, the Hong family very much!

  In particular, Lu Yinhe and Hong Tianwen, these two **** betrayed his friend, and jointly set up a bureau to cheat him!

  He wanted to take his company at a low price. Fortunately, the Black Shirt Insurance Company took the shot and gave him a higher price.

  This time the black shirt insurance company is shorting Galaxy Entertainment Group, he will naturally join in, so let Lu Yinhe have M!

   Soon the stock price was hit to the 5.00 position!

   Then Zhou Jinci shouted: "Good come, continue to buy, pull the stock price back to the 6.00 position, hit them in the face"

   "20 million shares!"

   "Look at how much money they have consumed with us!"

   "Yes, manager!"

   Soon the stock price quickly rose to the 6.05 position, and then stopped, because a few retail investors closed their positions, and then the stock price dropped 0.05 yuan and fell to the 6.00 position.

  Black Shirt Insurance Company, Wang Guanxi shouted: "Continue to hit the market, 15 million shares!"

   Soon, the stock price hit the 5.00 position again, and then the market closed in the morning.

  At noon, Galaxy Entertainment Group released good news, announcing that the Lu family had increased its holdings of 200 million shares of Galaxy Entertainment Group!

   Then Zhou Jinci ordered: "The funds have been consumed a lot, it's time to attack."

  "Following this major positive news, the stock price rose to 7.00, and the black shirt insurance company that overwhelmed its power was blown up."

  The morning session is just a war of attrition, and the afternoon session starts to heat up!

   "Yes, the manager"

  ··

  The market will open soon in the afternoon!

  Zhou Jinci bought crazy!

   Tens of millions of shares!

  ···

  The stock price quickly rushed from the 5.00 position to the 6.00 position!

  But the black shirt insurance company is also crazy!

   is also tens of millions of shares!

  ···

  The stock price is shaking like crazy!

   was smashed from position 6.00 to position 4.50!

  But it was pulled from the 4.50 position to the 6.50 position!

  You come and I go!

  Have a great time playing!

  Retail investors are also worried.

  And the stock price is oscillating wildly near the 6.00 position!

  ··

  At this moment, the black shirt insurance company and Wang Guanxi are watching the news. At this time, a piece of news appeared.

  The Columbia Bank Trust Company may go bankrupt. It manages $10.5 billion in client assets.

  However, after investing in subprime mortgage bonds, client assets suffered huge losses, and some large clients requested early redemption according to the terms.

  This is bad, no money!

  Only facing bankruptcy, but assets still have to be sold.

  And Columbia Bank Trust Company absolutely sells assets, they hold a lot of assets, including the United States, Europe, and Hong Kong!

  In the Hong Kong stock market, it holds 50 million shares of Sinopec, 100 million shares of China Construction Bank, 200 million shares of PetroChina, 150 million shares of CNOOC, and 180 million shares of Galaxy Entertainment Group.

  Rigoberto Lawson, the president of Columbia Bank Trust, has been threatened by big customers, and give him two days for him to pay the money right away!

  He had to order: "Sell Sinopec, China Construction Bank, PetroChina, CNOOC, and Galaxy Entertainment Group."

  "Sell the Hong Kong stock market, sell the European stock market, and then the US stock market"

  The men were stunned.

  Rigobeto Lawson roared: "I’m not sure what I said?"

  Suddenly the subordinates began to execute.

  Sinopec, China Construction Bank, PetroChina, and CNOOC’s shares have fallen!

  Columbia Bank Trust Company also sold the Galaxy Entertainment Group’s stock. The 180 million shares sold off immediately put Zhou Jinci’s team under pressure.

  The stock price was immediately knocked down, falling from the 6.00 position to the 4.00 position, causing the liquidation of a large number of retail investors who had been long before!

  Zhou Jinci's face changed suddenly, and these cannon fodder turned back!

  Day!

  He shouted: "Keep buying!"

   "Buy, pull it up!"

   "Yes, manager!"

  Zhou Jinci’s team immediately started to work with Columbia Bank Trust Company.

  While Zhou Jinci’s team bought it very viciously, they were under selling pressure from Columbia Bank Trust.

  Finally, Zhou Jinci’s team came over.

  The stock price was once again pulled to the 6.00 position!

  This time, Zhou Jinci’s team bought 250 million shares of Ju, and it took 1.25 billion Hong Kong dollars to resist this wave of offensive!

  The black shirt insurance company hit the market again at the 6.00 position, smashing the stock price from the 6.00 position to the 5.00 position!

  Then Zhou Jinci’s team moved up again, from the 5.00 position to the 5.45 position, weakened.

  In today’s battle, the black shirt insurance company sold 400 million shares, with an average position of around 5.50, temporarily floating a profit of 20 million Hong Kong dollars!

  Today’s battle is simply hearty.

  Wang Guanxi said lightly: "Okay, it's over, everyone go play basketball and exercise." After that, Wang Guanxi left the office.

  Today's bullets are all shot out, very fierce.

   has sold out 400 million shares, and the positions are all high, which makes Wang Guanxi very satisfied.

  "It's the BOSS!" Huang Shaokai and others are very excited, nervous, and uneasy, not as relaxed as Wang Guanxi.

  You must know that they sold 400 million shares, and the battle with the Lu family was the fiercest in the afternoon trading!

  At this moment, Galaxy Entertainment Group, Zhou Jinci has cold sweat on his back. Today’s battle has consumed 3.5 billion funds!

  The shareholding ratio of the Lu family has increased from 45% to 60%!

  Today's holdings increased by 645 million shares!

  Unexpectedly, there will be a large-scale sell-off!

too frightening!

  Lu Yinhe's face was a little gloomy, and he did not expect to consume so much money today, especially in the afternoon, it was simply terrifying!

  At this time, Lu Qihui came over and said: "Father, the Columbia Bank Trust Company is bankrupt."

   "It previously liquidated our Galaxy Entertainment Group stocks"

   "Bad son!" Lu Yinhe was full of anger. The BOSS Rigoberto Lawson of the Colombian Bank Trust Company, he also knew him, but he did not expect to sell so many stocks while they were protecting the market.

**** it!

  At that time, the stock price was smashed from the 6.00 position to the 4.00 position. Many retail investors who had been long before cut their meat and stopped their losses. They were under huge selling pressure!

   was originally a cannon fodder on their stock market, specifically consuming the funds of the black shirt insurance company.

  But never expected, in the end these cannon fodder did not persist in bullishness, they were suddenly frightened to collapse, and they dumped their own stocks one after another!

  This put the Lu family under huge buying pressure and consumed a lot of their funds.

  This is Shabi retail investors!

  Sweat beads on Zhou Jinci’s forehead, he said: "Chairman, I didn’t expect these retail investors to be fools who succeeded less than failed."

   "Keep holding it, and when we blow up the black shirt insurance company, they will be the winners, but they are so stupid."

   "Oh, these idiots hurt us badly" Lv Qihui was furious.

  Lu Yinhe: "Our current family funds are also exhausted, what can we do?"

  The funds of Galaxy Entertainment Group are the funds of Galaxy Entertainment Group, but the funds of the Lu family are funds of the Lu family. This time it consumed 3.5 billion Hong Kong dollars, and it failed to maintain the stock price above 6.00.

   is simply TM’s indescribable mood at the moment.

  "Father, do you want us to borrow money?" Lu Qihui said: "Uncle Hong, there are still a lot of funds over there."

  Lu Yinhe thought for a while, and said: "Ask him to borrow 500 million and hold it temporarily. We will drag the black shirt insurance company to death."

  Now Lu Yinhe is scared and has no idea of ​​directly killing the black shirt insurance company.

  The black shirt insurance company shorted the stocks of Galaxy Entertainment Group. They were all borrowed. After borrowing so many stocks, the interest rate is very high!

  Just drag it on, just drag the black shirt insurance company to death!

  He dare not continue to borrow a lot of money now, for fear that he will not have the funds to pay it back.

  And the black shirt insurance company may continue to accept stocks and continue to short!

  There is also the possibility that things like Columbia Bank Trust will happen again. If you do it again, it will be over.

   Soon the call came to Hong Tianwen, but Hong Tianwen needed to mortgage assets for safety.

   Lv Yinhe said angrily: "MD, this kind of relationship actually requires Lao Tzu to mortgage the assets. MD, isn't it 500 million Hong Kong dollars?"

  He has known Hong Tianwen for so many years, but he still has mortgage assets when borrowing money?

  I didn’t expect Hong Tianwen to be such a commodity!

  He borrowed money for the first time, and he didn't expect it to be so difficult. It's better to find a bank mortgage.

   Lv Qihui on the side asked: "Father, should we ask Uncle Hong to borrow money?"

  Lu Yinhe thought for a while and said: "Not for the time being"

  At this time, Lu Qihui suddenly said: "Father, if we don’t borrow money, we won’t have the funds to protect the disk."

  Now their family has increased their holdings of Galaxy Entertainment Group's shares, increasing their holdings to 60%, and absolutely controlling them.

  But if the black shirt insurance company continues to hit the market, if the stock price keeps falling, they will lose a lot.

  Now that the family has no funds, the funds must be collected to protect the market, or else all previous efforts will be lost.

  Lv Qihui sighed and said, "Then mortgage a few villas."

   "Okay, father" Lu Qihui quickly arranged.

  At 5:30 in the afternoon, everyone signed an agreement to make a loan of 500 million yuan to the Lu family.

  Hong Tianwen apologized: "Old Lu, our company has some problems today, and the flow of funds is also in short supply, so I'm sorry."

  Hong Tianwen said so, and Lu Yinhe didn’t say anything, but there was a gap.

  (End of this chapter)