Rebirth of the Financial Crisis Sweeping the World

Chapter 189: After the 189 bid for 100 million Hong K

  Chapter 189 189 After the bid of 100 million Hong Kong dollars, the audience was quiet!

  At this time, Huang Shaokai asked: "BOSS, is this interest too high?"

  I borrowed 20 million shares before, and the interest is also 2% per month.

  But this time I borrowed 80 million shares, and the interest rate is still 2% this month.

  AIG Group is also too cruel.

  The high interest rate of US$800,000 per day is simply unimaginable.

  Fortunately, it is not his own debt. If it were his own, he would have to jump off the 18th floor.

  The daily interest of $800,000 is equivalent to a year’s salary for executives of a large financial institution!

  He didn't have an annual salary of 800,000 US dollars after a year, and the interest was 800,000 US dollars a day, which shocked him.

  Wang Guanxi smiled and said: "Not high, not high at all, don't worry, AIG Group and Soros Quantum Fund will look good at the opening of the US stock market tomorrow night!"

  Today is August 31, Asia time.

  While the US stock market opens, you have to wait until September 1st, 9:30 in the evening!

  A lot of things will happen during this period, and Wang Guanxi hopes that there will be no bad news about Lehman Brothers stock price during this period.

  It is best if there is news of Lido Lehman Brothers share price, and then the stock market opens, so that the black shirt insurance company can be Lehman Brothers stock at a high position.

  At this time, Wang Guanxi's phone rang, and it was Feng Shaokun.

After    was connected, Wang Guanxi asked: "What's the situation with Brother Feng?"

  Feng Shaokun said on the phone: "Guanxi, there is a auction tonight. Are you interested in going there?"

  Wang Guanxi asked: "What to bid for?"

  Feng Shaokun said: "Hong Kong Lehman Branch intends to sell its subsidiary Hong Kong Lehman Insurance Company. At present, Hong Kong Lehman Insurance Company is insolvent and its cash flow is exhausted. The Securities Regulatory Commission intends to let other insurance companies take over.

  So the Hong Kong Lehman branch intends to be the first to sell. It seems that many people are going to bid for this insurance company tonight.”

   "Oh? Hong Kong Lehman Insurance Company?" Wang Guanxi was also interested and asked, "Where is the location?"

  Feng Shaokun said: "It's on the 17th floor of the Wenhua Hotel, I have arrived now"

  "Okay, I'll go over right away" After finishing Wang Guanxi said to Huang Shao: "Let's go, follow me to the Chinese Hotel"

   "By the way, call Zhang Youde and Wu Zhankun"

  "Okay, BOSS" Huang Shaokai hurriedly went to notify Zhang You and Wu Zhankun.

   Soon four people set off.

  Huang Shaokai was the driver, and Wang Guanxi sat in the passenger seat with a burst of fragrance.

  "Mr. Huang, yes, the legs of the passenger seat are very long, right?" Wang Guanxi asked with a smile.

  There is still the smell of women's perfume on the passenger seat, which always feels a bit strange, as well as other smells.

  Huang Shao suddenly said in embarrassment: "BOSS, I met a wonderful woman on the street last night. She just came out of the bar and she was drunk, so I let her rest in the car all night."

  "Resting in the car for one night?" Wang Guanxi happily said with a smile: "Interesting"

  Zhang Youde in the back seat, Wu Zhankun was immediately excited, and asked, "Fuck me, rest in the co-pilot for a night?"

   "My Cao, you had a cool night last night"

  Huang Shao smiled awkwardly: “Where, where, it’s just for fun, I don’t remember her name anymore, she left nothing the next day”

  Speaking of this, Huang Shaokai has some regrets, but his expression is quite aftertaste.

  10 minutes later, the car came to the Wenhua Hotel, four people got off the car and entered the hotel.

   just happened to encounter a Miaoli woman in a hotel uniform appeared in front of her. She saw Huang Shaokai's face suddenly changed, and she said in shock: "How did you know that I worked here?"

   Yan Lingli did not expect that the man who had a relationship last night would actually show up at her work place, which scared her very much.

  Huang Shao laughed and said: "The world is so small, I did not expect to meet again. I came here to participate in the bidding."

  "This is my business card" Huang Shaokai handed the business card of the CEO of his black shirt insurance company to the woman.

   "Black Shirt Insurance Company?" Yan Lingli shook her head, and said: "Why haven't I heard of it?"

  Huang Shaokai smiled awkwardly: "You will know later"

  The black shirt insurance company is now well-known in this year. He is the CEO of the black shirt insurance company and the celebrity in front of the BOSS. Now some people say that they have never heard of the black shirt insurance company.

   Yan Lingli: "Oh, okay"

  While Wang Guanxi seemed to see people from the Lu family, and the hotel executives were welcoming them and surrounded him, who was it if it wasn’t Lu Qihui?

  The last time Wang Guanxi played the violin in the corridor of the Victoria Harbour, Lu Qihui also took out 1,000 yuan and ordered him to play another one.

  As a result, the Black Shirt Insurance Company shorted the Lu family’s Galaxy Entertainment Group on the same day, depleting the Lu family’s funds.

   Then Wang Guanxi asked, "Is this a hotel under the Galaxy Entertainment Group?"

  Hua Wen Hotel, Wang Guanxi often comes here for lunch. It’s not bad. I will see if I can buy this hotel in the future. I usually come here for lunch.

  "BOSS, this is the industry under the Galaxy Entertainment Group" Huang Shaokai said affirmatively.

   Yan Lingli asked curiously: "How did you know?"

  Wang Guanxi didn’t say anything, and took Zhang Dexi and Wu Zhankun to leave, and Huang Shaokai smiled at Yan Lingli: “Soon, Galaxy Entertainment Group will be over.”

  Said he followed Wang Guanxi.

  Yan Lingli shook her head severely; "It's really a group of inexplicable people"

  Holding Huang Shaokai's business card, she tangled for a while, but put it away.

  Out of the elevator, Wang Guanxi and others came to the lobby on the 15th floor, and soon saw Feng Shaokun's figure.

   "Guanxi, you are here" Feng Shaokun also came to bid for Hong Kong Lehman Brothers Insurance Company this time.

  This time, the Hong Kong Lehman Brothers branch plans to sell the Hong Kong Lehman Brothers Insurance Company and chose the auction method to let buyers bid.

  Lehman Brothers is still influential in Hong Kong, and many buyers came this time.

  But the Hong Kong Lehman Brothers Insurance Company is a mess. It is insolvent and its cash flow dries up. The low price of the auction, I heard that it is not high, is kept secret for the time being.

  Wang Guanxi asked: "What is the asset status of this insurance company now?"

  Feng Shaokun said: “It’s not clear for the time being, it will be announced later.”

  "Okay" Wang Guanxi's black shirt insurance company currently has 100 million Hong Kong dollars remaining in working capital in addition to the company's daily operating funds.

  Before, the black shirt insurance company shorted the Galaxy Entertainment Group and gained 1.28 billion Hong Kong dollars, and 80 million Hong Kong dollars was specially used to cover various expenses. It has not been used up yet.

  In this auction, Wang Guanxi intends to take the Hong Kong Lehman Brothers Insurance Company. If the money is not enough, he can borrow it from Wing Hang Bank.

  Thinking of this, Wang Guanxi said: "Brother Feng, when the time comes, the money is not enough, give me some loan from the black shirt insurance company."

   "Okay, no problem." Feng Shaokun felt that Wang Guanxi seemed to take the insurance company this time.

  I saw an acquaintance at this time!

   are Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji, and Zhang Renliang.

  The six of them are the executive directors of the Hong Kong Lehman Brothers branch, and together they hold 60% of the shares of the Hong Kong Lehman Brothers branch.

  The sale of Hong Kong's Lehman Brothers Insurance Company this time was facilitated by six people.

  Because they found that the Hong Kong Lehman Brothers Insurance Company had huge losses, insolvent debts, and dried up cash flow.

  The Hong Kong Lehman Brothers branch will not help the Hong Kong Lehman Brothers Insurance Company, so it plans to sell it.

And they were followed by two white men, namely Pastor Brandt, chairman of Lehman Brothers in Hong Kong, and Willer Hess, executive director, who also served as Lehman Brothers in Hong Kong. The president of an insurance company.

  However, the Hong Kong Lehman Brothers Insurance Company is going to auction, and he has to leave immediately.

   "Guanxi, what a coincidence, I didn't expect you to bid for Hong Kong Lehman Brothers Insurance Company?" Lu Jianting was very excited when he saw Wang Guanxi.

  The buyers who came here tonight are not powerful. Most of them are small financial institutions. There are some larger financial institutions, but not many.

  Hong Kong Lehman Brothers Insurance Company's current asset situation is very bad, and I don’t know how much it can sell.

  Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji, and Zhang Renliang became shareholders of the Hong Kong Lehman Brothers branch, and their current interests are also related to Lehman Brothers.

  This time, in order to prevent the Hong Kong Lehman Brothers branch from being affected by the Hong Kong Lehman Brothers Insurance Company, they plan to sell their insurance company.

  And Wang Guanxi smiled and said, “I own an insurance company under my umbrella. I just came to have a look. If it’s suitable, I will buy it.”

  Guan Zhenyi smiled and said: “In fact, this auction will not only auction insurance companies, but also other assets.”

  Lin Jiyang also said: "Guanxi, you are so rich now, you can take more shots, haha"

  Chen Peiquan also smiled and said: "Tonight, you will be the place to perform."

  Cai Manji also followed: "The six of us walked through the scene here."

  Zhang Renliang also said: “I don’t know what price the insurance company can get this time.”

  After all, there is the Lehman Brothers logo, but it is not as unknown as other companies, and it should be able to sell at a good price.

  Wang Guanxi asked: "In addition to Hong Kong Lehman Insurance Company, what is the auction for this auction?"

  Lu Jianting said: "There is also the remaining 40% of the shares of Lehman Brothers in Hong Kong."

  The six of them hold 60% of the shares of Lehman Brothers in Hong Kong. The remaining 40% of the shares are still in the hands of Lehman Brothers in the United States. This time, they were auctioned off incidentally.

  "Hong Kong Lehman Brothers Trust Company, leasing company, and credit company"

  Wang Guanxi understands it, obviously Lehman Brothers is shirking his baggage frantically.

  These companies are necessarily losing money.

  No need to ask, no need to ask.

  Because of the collapse of the entire Lehman Empire, and the impact of the subprime mortgage crisis, so many mortgage bonds, subprime bonds, and portfolio bonds with huge poisons, real estate has collapsed, and it is strange to not die.

  Tonight Wang Guanxi is here for Hong Kong Lehman Insurance Company.

  At this time, Lu Jianting introduced two Lehman Brothers executives around him, it was Pastor Brandt, chairman of Hong Kong Lehman Brothers, and Willer Hess, president of Hong Kong Lehman Brothers Insurance Company!

  Wang Guanxi stretched out his hand and smiled: "Mr. Brandt, Mr. Hess, how are you"

  "Hello, Mr. Wang" Pastor Brandt also politely extended his hand with a calm expression, but he was very surprised at such a young Wang Guanxi in his heart.

  "Mr. Wang, hello, I am shocked by your age" Willer Hess looked at Wang Guanxi with shocked expression.

  Everyone was drinking tea and chatting. Wang Guanxi learned that after tonight, the two people will leave their jobs.

  Because the remaining 40% of the shares of Lehman Brothers in Hong Kong will be auctioned off, and Lehman Insurance in Hong Kong will also be auctioned off, so they have to leave.

  The US parent company Lehman Brothers is laying off employees globally, so today is also the last day the two are at Lehman, and they will leave tomorrow.

  Wang Guanxi threw out his olive branch and said: "Mr. Brandt, Mr. Hess, I have an insurance company and investment bank under my name now.

  You are all cutting-edge talents in the industry. You have extensive experience in the insurance industry and investment banking industry. I would like to hire my company’s executive director and concurrently as the vice president.”

  Both of them have been working in the industry for many years. They have a wide range of contacts and know many people in their circles, which is convenient for Wang Guanxi to work.

  Thinking of this, Wang Guanxi continued: "Your annual salary is still similar to that of Lehman Brothers, and in the industry it is also higher than the industry's average annual salary."

  Pastor Brandt and Willer Hess heard it, and their hearts moved suddenly. They were worried about finding a job.

  But now the industry seems to be layoffs and layoffs, so there are so many executive positions for them to do.

   "Mr. Wang, can you briefly talk about your insurance company and investment bank?"

   Then Wang Guanxi asked Huang Shaokai, Zhang Dexi, Wu Zhanhai and others to introduce them to the two.

  The Black Shirt Investment Bank is still very small, and its client assets are only 20 billion Hong Kong dollars.

  The black shirt insurance company has become a big insurance company, with a net asset of 1.6 billion Hong Kong dollars, which is larger than Hong Kong’s Lehman Brothers Insurance.

  After thinking about it for a while, Pastor Brandt and Willer Hess finally chose to join the Black Shirt Insurance Company, becoming an executive director and vice president.

  At this time the auction will also begin.

  The first auction was Hong Kong Lehman Brothers Insurance Company.

  At this time, the auctioneer walked to the center of the stage and introduced the financial situation of Hong Kong Lehman Brothers Insurance Company.

  Hong Kong Lehman Brothers Insurance Company, currently has total assets of 9.8 billion, liability reserves of 3.8 billion, and financial assets of 5 billion, including 2 billion Hong Kong dollars in portfolio bond assets.

  These portfolio bond assets include Lehman Brothers, Merrill Lynch, Washington Mutual Bank, 3 billion stock assets, and 1 billion real estate.

  Debt 10.3 billion.

  Net assets are minus 500 million Hong Kong dollars.

  Moreover, Hong Kong’s Lehman Brothers Insurance Company’s liability reserve is only HK$3.8 billion, and its cash flow is still exhausted.

   is on the verge of bankruptcy, and will be arranged by the Securities Regulatory Commission for other insurance companies to take over at any time.

  So before that, sell this insurance company.

  Net assets are negative 500 million Hong Kong dollars, cash flow is exhausted, and there are 2 billion portfolio bonds.

  Now these portfolio bonds are very cheap. Originally, these portfolio bonds were worth 4 billion Hong Kong dollars together, but they have shrunk by 50%, and now they are only worth 2 billion Hong Kong dollars.

  However, it is still very difficult to sell these bonds. If they are sold, they will have to lose a lot of money.

  Everyone's inner valuation of the Hong Kong Lehman Insurance Company is already less than 10 million Hong Kong dollars.

  To know who is next, you have to bear its debts and various losses.

  At this time, the auctioneer made a bid.

  "The base price is 20 million Hong Kong dollars, and each increase is not less than 1 million Hong Kong dollars"

  Although the financial situation of Hong Kong Lehman Brothers Insurance Company is very bad, there are some powerful guys who want to follow.

  Yang Fenghui of Yinghuang Securities shouted; "25 million Hong Kong dollars"

  Phoenix Securities is a securities company under the Phoenix Group. This time, the Hong Kong Lehman Brothers Insurance Company was photographed and it could enter the insurance industry.

  And Liu Jiadong, president of Yunfeng Securities Company under Yunfeng Financial Group, also shouted: "27 million Hong Kong dollars"

  The core of Yunfeng Financial Group is the insurance business. This time their chairman Yunfeng did not come here, so Liu Jiadong, the president of Yunfeng Securities, did it for him.

  Haowen Financial Holdings’ chairman Jia Haowen was also very interested and shouted: "29 million Hong Kong dollars!"

  Fudao Group's Lu Weihao was also very interested and shouted: "30 million Hong Kong dollars!"

Chen Yongcheng of Yaocai Securities Financial Group also increased the price, shouting: "32 million Hong Kong dollars!"

  There are no fools, and they will add a lot at a time.

  But the price is still rising, Wang Guanxi is not in a hurry to make a move, he wants to see where the price can go.

   Soon the price increased to 50 million Hong Kong dollars.

  Yang Fenghui of Yinghuang Securities backed down and stopped bidding.

  Yunfeng Securities Company President Liu Jiadong shouted: "55 million Hong Kong dollars"

  The chairman of Haowen Financial Holdings, Jia Haowen, upon seeing this, added 5 million Hong Kong dollars again, saying: "60 million Hong Kong dollars, if you have more, Mr. Liu, take it away."

  Liu Jiadong did not increase the fare.

  Fudao Group's Lu Weihao gritted his teeth and shouted: "65 million"

  Jia Haowen glanced at Lu Weihao and smiled: "Mr. Lu, it’s yours."

  The auctioneer shouted: "65 million for the first time, 65 million for the second time"

  At this time, Chen Yongcheng of Yaocai Securities Financial Group shouted: "70 million!"

  Unexpectedly, someone had handed over the price of 70 million Hong Kong dollars. Jia Haowen smiled at Chen Yongcheng and did not increase the price.

  "70 million Hong Kong dollars for the first time" shouted the auctioneer.

   "80 million Hong Kong dollars, I want it"

  At this time, a voice appeared. It was Hong Tianwen, chairman of Get Good Financial Group, and Wen Gangrui, president of Get Good Credit, beside him.

  Pan Renwei, president of Get Good Securities.

  And Lu Yinhe of the Lu family, Lu Qihui and his son are also nearby.

  Geehao Financial Group has always wanted to be involved in the insurance industry. Before, it focused on Convoy Global Insurance Company, but was cut off by the Black Shirt Insurance Company.

   Then he stared at the black shirt insurance company.

  United Galaxy Entertainment Group wants to kill the black shirt insurance company and then acquire it.

  Unexpectedly, the black shirt insurance company shorted the Galaxy Entertainment Group, winning big and winning, and it is getting stronger and stronger.

  Hong Tianwen called out the price of 80 million, he stopped calling, and the audience was much quieter.

  Giehao Credit President Wen Gangrui opened the mouth and said: "As soon as you make a move, Chairman, the audience is quiet."

  Giehao Securities President Pan Renwei also said: "No one in the chairman dare to make a bid with you."

  Lu Yinhe also said: "Old Hong, this insurance company is yours."

  At this time, the auctioneer shouted: "80 million for the first time"

  Lu Qihui also said: "Uncle Hong, in fact, no one raised the price for your price of 75 million."

  The Lu family came to the scene tonight, after all, the Wenhua Hotel is a hotel under their Galaxy Entertainment Group.

  The auctioneer shouted: "80 million second time"

  Hong Tianwen laughed: "Haha, the financial companies here are all small companies, and none of them are asking for a price."

  Many people around the company knew Hong Tianwen, and they were shocked in their hearts. I didn’t expect that the small auction would actually attract big guys like Get Good Financial Group!

  Wang Guanxi, who was drinking tea, made a gesture to Huang Shaokai nearby.

  Huang Shaokai stood up and shouted: "90 million!"

  Hong Tianwen's smile suddenly froze, and he did not expect someone to call 90 million!

   So he shouted: "95 million!"

  Unexpectedly, I met someone from a black shirt insurance company. I hate it when I look at it. Huang Shaokai is a bastard. Lu Yinhe also glared at Huang Shaokai. It was this guy who shorted Galaxy Entertainment Group and caused the Lu family to lose 10 billion.

  Thinking about it is hateful!

  Wang Guanxi stretched out a finger, so Huang Shaokai shouted: "100 million!"

  The high price of 100 million yuan was shouted out, and the presence was quiet.

  Hong Kong Lehman Brothers Insurance Company actually sold a price of 100 million yuan. Although the price seems to be inexpensive, it still has to take over its debts. This is not a joke, and people with no strength dare not speak up!

  Hong Tianwen did not expect that the black shirt insurance company actually called out 100 million, and it was slapped him in the face.

  He gritted his teeth, and finally did not shout, for fear that he would be bid up. What if he shouted 120 million and the black shirt insurance company did not shout?

  Thinking about it, he still gave it to the black shirt insurance company.

  At this time, the auctioneer shouted: "100 million for the first time!"

  "100 million second time"

  "Is there anything higher than 100 million?"

  Quiet, no one shouted!

  "100 million for the third time, congratulations to this gentleman for taking the photo of Hong Kong Lehman Insurance Company"

  At this time, a man near Hong Tianwen opened his mouth and said, “It turns out that there are financial companies that are more powerful than Kiehao Financial Group.”

   "Sure enough, the big guys are low-key, and they only speak at the end"

   "After the 100 million Hong Kong dollar came out, the financial conglomerate was dumb"

  Hong Tianwen listened, the mainland felt very uncomfortable, and his face felt hot.

  At this time, another man opened his mouth and said: "I thought that the chairman of Kie Hao Financial Group was a bigwig. He didn't want others to call 100 million, so he would not dare to increase the price."

  Another man laughed and said, "Hey, a good financial conglomerate won’t be 100 million and can’t get it out, right?"

  Hong Tianwen suddenly became even more annoyed, which made him lose face, so he gave a cold snort and said nothing.

  These three and two losses at the black shirt insurance company made him very angry.

  Although he also wanted to take the Hong Kong Lehman Brothers Insurance Company, the Hong Kong Lehman Brothers Insurance Company was too indebted and insolvent.

  Moreover, there are also a large number of Wall Street portfolio bond assets.

  Recently, Lehman Brothers, Merrill Lynch, Citibank, Fannie Mae, and Freddie Mac are all turbulent, and bond defaults have increased. He is really a little panicked.

  He will also take other assets, such as a 40% stake in Lehman Brothers in Hong Kong, and Lehman Credit in Hong Kong!

   "Let's just take a look, don't give Lao Tzu a chance"

  (End of this chapter)