Rebirth of the Financial Crisis Sweeping the World

Chapter 236: 236 Black Shirt Investment Bank earned 9

  Chapter 236 236 Black Shirt Investment Bank earned 99.2%, Taifook Securities and Philippine Islands Securities lost their money

  After lunch, Wang Guanxi and Feng Shaokun had lunch together in the restaurant.

  At this time, the phone rang, and it was Lu Jianyan and Guan Zhenyi from Koala International Investment Bank.

  This time Lehman Brothers went bankrupt, and Koala International Investment Bank held 60% of the shares of Lehman Brothers in Hong Kong, and it was over.

  This Hong Kong branch of Lehman Brothers holds a large number of subordinated bonds of Lehman Brothers in the United States, and Lehman has gone bankrupt, and now the losses are extremely heavy.

  This time, Lu Jianyan and Guan Zhenyi intend to sell Lehman Brothers branch in Hong Kong at a low price.

  He found many buyers, hoping to sell them at a good price.

  And they are also anxious for money.

  This time the two called Wang Guanxi, Feng Shaokun hopes to quickly sell off the Hong Kong Lehman Brothers branch.

  Currently, Koala International Investment Bank holds 60% of the shares of Lehman Brothers in Hong Kong. They bought it for HK$1 billion before, and now they sell it at a 30% discount and sell it for HK$300 million.

  Feng Shaokun has already rejected Guan Zhenyi, and his Wing Hang Securities Co. can't beat the Hong Kong Lehman Brothers branch.

  It was a huge thunder. Although it is now a 20% discount, the ghost knows what will happen next, so he doesn't want a 20% discount.

Wang Guanxi also politely addressed Lu Jianyan on the phone: "Brother Lu, I am more interested in the client assets of Lehman Brothers in Hong Kong. I am not interested in other assets. If you want to sell, I will buy Hong Kong Leiman. The Securities Department of Man Brothers"

  Currently, the client assets of the Blackshirt Investment Bank are only HK$20 billion. If the client assets of the securities department of Hong Kong Lehman Brothers are bought this time, the client assets of the Blackshirt Investment Bank will also increase sharply.

  Although Blackshirt Investment Bank and Blackshirt Insurance Company are out of money now, the US stock market opened tonight and it was very profitable. Just ask Feng Shaokun’s Wing Hang Bank to continue lending.

   On the phone, Lu Jianyan said: "Guanxi, you are so rich, so you can just buy the entire Hong Kong Lehman Brothers branch together."

  Currently, the customer assets of Lehman Brothers in Hong Kong are 50 billion Hong Kong dollars, but the liabilities are high. In addition, the bankruptcy of Lehman Brothers in the United States will make the subordinated bonds default.

  The Hong Kong Lehman Brothers branch can be described as a heavy loss, and it is also heavily indebted. The net assets are already negative and the debts are insolvent.

  Now he wants to sell this 60% stake for 300 million Hong Kong dollars, because if he doesn’t sell it, the future is estimated to be even worse.

  Thinking of this, Lu Jianyan said, "Guanxi, you can buy it together and give you 30% off. How about 300 million Hong Kong dollars?"

  "300 million Hong Kong dollars can obtain 60% of the shares of Hong Kong Lehman Brothers"

It turned out that Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji, and Zhang Renliang’s six-person company, Koala Financial Group, Astron Financial, Hongye Futures, Victory Securities, Orient Securities, and Tripstone Capital spent a total of HK$1 billion. Purchased a 60% stake in Lehman Brothers in Hong Kong.

   Originally thought that Lehman Brothers would get out of the predicament in the future, and then they made a lot of money, but they never expected to usher in Lehman Brothers' more and more difficult.

  After their six companies merged to form the Koala International Investment Bank, they planned to make a lot of money on the Hang Seng Index and then bought the remaining shares of Lehman Brothers in Hong Kong.

  However, the situation is different now. The bankruptcy of Lehman Brothers will cause the global stock market to plummet, and the Hong Kong stock market is likely to plummet when the market opens tomorrow.

  At that time, the Hang Seng Index will also plummet, and they will suffer heavy losses.

  So they need urgent funds to add to the trading account to avoid the risk of liquidation.

  Wang Guanxi thought for a while and said: "Brother Lu, I have invested all my funds in the stock market now, and I can’t bear the debts of Hong Kong Lehman Brothers. If I want to buy it, I can only buy customer assets."

   Although this Hong Kong Lehman Brothers company has 50 billion Hong Kong dollars in customer assets, its debt is very high. After it is bought, it has to bear its debt. Wang Guanxi does not want to buy it.

  I want to buy it is not now, because Hong Kong Lehman Brothers is also doomed to go bankrupt, and then the cabbage price will be purchased.

  Wang Guanxi won't be so crazy to buy now.

  Of course, if he buys now, he will only buy the client assets of the securities department of Lehman Brothers.

  On the phone, Lu Jianyan said regretfully: "Okay, then I will find someone else."

  He also has other potential buyers, that is Dao Heng Securities Co., Ltd., CLSA, and called Wang Guanxi, that is, he wants to make Wang Guanxi's price higher.

  After the call, Wang Guanxi took a sip of coffee and smiled: “Lu Jianyan wants me to take over the Hong Kong Lehman Brothers branch and assume the debt, but I refused.”

  Feng Shaokun asked: "This Hong Kong Lehman Brothers branch has 50 billion Hong Kong dollars in customer assets, which is not bad. After biting your teeth, you can still pay off the debt slowly."

  Although Hong Kong Lehman Brothers has very high debts, it has assets of 50 billion Hong Kong dollars. If Wing Hang Securities did not have enough money, he might have bought Hong Kong Lehman Brothers.

After thinking for a while, he continued: "When I called Guan Zhenyi before, I heard him say that Heng Securities Co., Ltd., CLSA is interested in buying Lehman Brothers in Hong Kong. If you don’t buy it, Dao Heng Securities Co., Lyon The securities must have been eaten."

  Dao Heng Securities is also a large securities company in Hong Kong, not to mention CLSA, behind which is the Credit Agricole Group.

Wang Guanxi said: "The bankruptcy of Lehman Brothers will cause global stock prices to plummet. The Koala International Investment Bank of Lu Jianyan and others is rising and making the Hang Seng Index more. When the market opens tomorrow on Tuesday, Lu Jianyan and others may be finished. The Hong Kong Lehman Brothers branch is a thunder. Whoever follows will be unlucky."

  The bankruptcy of Lehman Brothers in the United States will cause the global stock market to plummet. Of course, central banks rescued the market and the stock market soared, and then it fell all the way after a short while.

  The Koala International Investment Bank was the ship that was overturned and submerged by the giant wolf in the first round.

   then returned to the headquarters of the Heishan Investment Bank, Wang Guanxi took care of some things.

   Feeling a little bored, he leaned on the sofa and listened to Lin Xiaoyu’s recommendation of music to him last night.

  At this time, the message came. It was a message sent to him by Lin Xiaoyu, saying that he had sent moon cakes to him.

  Lin Xiaoyu: "Hurry up and get it, tonight you are going to eat my mooncakes, they are delicious, ∩﹏∩"

  Wang Guanxi replied: "Okay, get it right away, Xiaoyuer is so sweet"

  So Wang Guanxi came to the school’s post office and got the mooncakes from Lin Xiaoyu.

  Open the box, and what catches your eye is an exquisite painting, painted by Lin Xiaoyu, with cute birds, cute kittens, and small gift boxes painted on it.

  ‘Ding Dong~Mr. Wang, you have a new gift order’

'arrived'

  ‘~Please sign for~’

   Then Wang Guanxi took away the painting. The picture below is still a picture. There are two villains, a man and a woman.

Year 2008

   Very happy that you are here

  In my life

  Fortunate to meet you

  Continuing to open it, it is another picture with a girl with double pony tails.

  Although I am not a gentle girl

   has a small temper

   also has a small wayward

  Continue to open it, and there is still a picture below, still a girl with a double ponytail, holding her cheeks in her hands.

  But I want to be your first choice

  Your exception, your preference

  Continue to open it, there is still a picture below,

  I hope you~

  Love what you love

  Do what you do, follow your heart

  Wuwenxidong

  Continue to flip, it is still a picture with a girl with double ponytails and a boy with short hair

  May you be interesting and hopeful

  No disaster

  Everything wins

  Continue to flip, still draw.

  Meeting you is the galaxy

  Give me sugar generously

  LXYWGX

  After opening, mooncakes all over the body below.

  This is Weitaoju Cantonese mini mooncakes, very expensive, 20,000 RMB per box.

There are glittering beads under   , and mooncakes are placed inside.

  This gift is so romantic.

   Then Wang Guanxi returned home and took out all the mooncakes and put them in a bag, while the gift box was put away.

After getting it done, Wang Guanxi took the mooncake to Shu Jinghan's door and knocked on the door.

  After all, such delicious moon cakes are so boring to eat alone, so he plans to eat moon cakes with Shu Jinghan.

   Shu Jinghan opened the door and saw that Wang Guanxi had come so early with a bag in her hand.

   "Good morning, Hee, what is this?"

  Is it another ingredient?

  On Saturday the day before yesterday, the two of them made a lot of dumplings to eat.

  Wang Guanxi smiled and said: "This is moon cake"

   "See if you like it or not"

   Talking about Wang Guanxi opened the bag, and there are very delicate moon cakes inside, which look very beautiful, delicious and delicious.

  Shu Jinghan was shocked. She didn't expect that Wang Guanxi bought so many mooncakes for her to eat. She was very happy in her heart.

   "How can I buy so many?"

  There are a lot of mooncakes in the bag, Shu Jinghan said: “In fact, one is enough. I don’t need to buy so many, I can’t finish it.”

  Wang Guanxi smiled and said: "There is enough, I want to give you the best in the world"

   Shu Jinghan's face flushed immediately.

   "What are you talking about"

  "Come, eat mooncakes"

  Speaking, Wang Guanxi took out a moon cake.

  This moon cake was carefully bought by Lin Xiaoyu. The price is very expensive. Needless to say, it is very delicious. Shu Jinghan has a good appetite. A mooncake is half for two people.

   "Hee Tsai, have you taken a leave of absence recently?"

   "Well, I'm asking for leave"

  "Let’s make up the lesson together"

   "Okay"

  The two of them are studying while eating moon cakes. The picture is very warm, and they eat moon cakes for dinner in the evening.

   eliminated 6 mooncakes, leaving some.

  At 8:30 in the evening, Wang Guanxi left Shu Jinghan’s house and came to the headquarters of the Heiji Insurance Company.

  Now the global financial market is in turmoil, and all kinds of panic news follow one after another.

  【Bank of America has reached an M&A agreement with Merrill Lynch】

  Lehman Brothers went bankrupt, and Merrill Lynch quickly sold itself.

  The five major investment banks on Wall Street, Bear Stearns, Lehman Brothers, Merrill Lynch, Goldman Sachs, and Morgan Stanley, leaving only Goldman Sachs and Morgan Stanley.

  [The famous international speculator Soros: The US financial crisis may worsen]

   Soros just accepted an interview, saying: The US economic recession is inevitable, but he is worried that the financial crisis may worsen.

  At present, the outside world is still worried about the debt repayment of financial institutions, endangering their ability to borrow from each other and provide credit, and the financial system is on the verge of "rupture". This is the first time since the 1930s.

  And the commodity king Rogers said that as the credit market deteriorates, the US financial industry will remain "a mess."

  In an interview with Bloomberg TV, he pointed out that the financial reports of many financial institutions are still severely damaged and there are still many problems.

   is now experiencing the worst credit bubble in history, and it will not be resolved within two or three years.

  Affected by news that Lehman Brothers filed for bankruptcy protection, Merrill Lynch agreed to sell to Bank of America and other news, market confidence was greatly affected, although the Fed and central banks have since taken emergency measures to stabilize the market.

  But investors still sold financial stocks one after another, triggering the global stock market plummet yesterday, international oil prices suffered a severe drop, and the U.S. dollar and bond markets rose one after another.

  In the Asia-Pacific stock market, the Australian S&P/ASX200 index fell 1.8% to close at 4817.7 points.

  Among them, financial stocks closed down as a whole. Bank of Australia fell by 4.8%, and Australia’s largest investment bank Macquarie Bank fell even more by 9.6%.

  Bay Island region stock market fell 3.5%, financial and construction stocks fell more than 6%.

  In addition, the Singapore Straits Times Index fell by 3.3%, and the Indian Sensitivity Index fell by 5.4%. The stock markets in Japan, South Korea and China (Hong Kong, Lushi, and Shenzhen) are closed for holidays.

  European stock markets plummeted after the opening yesterday.

  As of 19:30 Asian time, the German DAX30 index fell 4.11% to 5978.5 points.

  The French CAC40 index fell 5.46% to 4096.3 points.

  The FTSE 100 Index fell 5% to 5140 points.

  The share price of Bank of America shares listed on the Frankfurt Stock Exchange plunged even more.

  Among them, Lehman Brothers shares plunged 85%, Morgan Stanley, Citigroup and other financial stocks all fell.

  But Merrill Lynch’s share price rebounded due to the Bank of America’s acquisition, rising by 38%.

  The US stock market closed basically flat last Friday, but after the news of Lehman’s announcement that it filed for bankruptcy protection came out, there was a sharp drop in trading late in the market.

  At 20:30, the price of international crude oil futures plummeted by nearly US$7 during the Asian electronic trading session, and dropped below US$95, a drop of more than 6%.

  The U.S. dollar exchange rate quickly rose after a brief fall.

  In the European market, interest rates on U.S. Treasury bonds have fallen sharply, as investors have sought to hedge against risks to buy government bonds.

  Huang Shaokai couldn’t help but said: “BOSS, now the financial market is getting more and more panic, and today the global stock market is plummeting!”

  This time Lehman Brothers went bankrupt and Merrill Lynch was acquired, which completely caused global stock markets to panic. The U.S. stock market is about to open. It is conceivable that the U.S. stock market will fall tonight.

   Wu Zhankun also said: "The U.S. stock market opens tonight. I don’t know what the fall will look like. We shorted the shares of Lehman Brothers and American International Group. This time, we will definitely earn more than 85%."

  Because Lehman Brothers is not only listed in the United States, it is also listed in Europe. Today, the share price of the U.S. Bank shares listed on the Frankfurt Stock Exchange in European stock markets has plunged, and Lehman Brothers has fallen by more than 85%.

  The US stock market opens tonight, and Lehman Brothers’ stock price will also fall by more than 85%.

  And AIG and Lehman Brothers are grasshoppers on the same boat, the stock prices of the two listed companies will inevitably plunge at the opening!

  Zhang Dexi also said: "Haha, this time Indians, Filipinos, Huang's consortium, Zheng's consortium, Hong's alliance will cry to death now."

  Indians, Filipinos, Huang's consortium, Zheng's consortium, Hong's alliance against their black shirt group, this time the winner can be distinguished, and soon these opponents will suffer huge losses or even die.

  Wang Juehao laughed and said: “I heard that the New World Insurance Company under the Zheng Consortium has also bought a lot of Lehman Brothers stocks and bonds, including AIG stocks. They will suffer heavy losses this time.

  Before the Zheng’s consortium wanted to fight the Black Shirt Insurance Company’s idea, now it’s our turn to fight the New World Insurance Company’s idea."

  This time, New World Insurance Company, a subsidiary of New World Development Group, also bought a lot of Lehman Brothers stocks and bonds. Lehman Brothers went bankrupt and New World Insurance Company would lose everything.

  Also, New World Insurance Company also bought shares of American International Group. This American International Group and Lehman Brothers are the grasshoppers on the same boat. Maybe American International Group also goes bankrupt.

  At that time, the New World Insurance Company will really lose its money and become insolvent, and then either the Zheng Consortium will use the money to fill the hole, or the New World Insurance Company will be sold out.

  While the Zheng consortium was trapped 8 billion Hong Kong dollars in the shares of the New World Development Group by a black shirt hedge fund, where is there any excess cash flow to fill the hole for the New World Insurance Company?

  Furthermore, if the share price of the New World Development Group plummeted, the Zheng consortium would still suffer heavy losses.

  Bai Weiqiang also said: "Yeah, they are dead this time. They will be dead for the financial group, Aeon Credit Company, and Sino Hotel Group!"

These days he has been fighting against these opponents. To be honest, he is very worried, but now they can be said to be a victory, and the fruits are about to be reaped. That is, if you have a Jiehao Securities Company under the Jiehao Financial Group, or a Jiehao Credit Company. Bought out.

  There is also the Nashinhe Hotel. The Regal Hotel can also be purchased at a low price and become an industry under the Heishan Group.

Wu Zhanhai also said: "The Dafook Securities Company wants to acquire the Heishan Investment Bank. Now it is our turn to buy it. Haha, Lin Yongfu is dead and upset this time. Let's see if the stock price of Taifook Securities Company will fall tomorrow after the Asian stock market opens. What's it like"

Taifook Securities Co. and Heishan Investment Bank have been unable to make it through. They dig into each other's major customer resources. Taifook Securities has always wanted to buy Heishan Investment Bank. Now it’s the turn of Heishan Investment Bank to acquire Taifook Securities. Now, it's really funny when you think about it.

  Wu Hongsheng said excitedly: "Yes, this Taifook Securities Co. will lose all money on Lehman Brothers. The stock price will inevitably fall sharply at the opening of the Asian stock market tomorrow."

   To be honest, he has long been unfamiliar with the Taifook Securities Company's set, and Lin Yongfu has publicly discredited the black shirt investment bank in the media many times. As one of the leading stockbrokers in Hong Kong, Taifook Securities Company is quite arrogant.

  His former financial company wanted to cooperate with Taifook Securities Co., but Taifook Securities Co. looked down on his small financial company. This time he wanted to see with his own eyes that Taifook Securities had lost money in Lehman Brothers.

  Li Guangyu also said: "The Philippine Islands Securities Company will also lose everything, haha!"

  On Friday, the Black Shirt Investment Bank shorted Lehman Brothers and was blocked by the Philippine Islands Securities Company. At that time, the Filipinos were arrogant.

   Directly pulled Lehman Brothers’ stock price to $6.00 per share, causing the Black Shirt Investment Bank to lose 40 million U.S. dollars.

  At the time, he could not afford to scare him, but now it’s fine. One weekend later, Lehman Brothers went bankrupt, and Lehman Brothers’ European listed stock plummeted.

  The U.S. stock market opened in the evening, and it must have fallen sharply. This Filipino is probably stupid.

  Guan Wenwei said excitedly: "Just waiting for the opening of the U.S. stock market, Lehman Brothers' stock price will definitely drop to $0.2 per share, and the Black Shirt Insurance Company will definitely earn 90% this time!"

  At the time of the European stock market today, Lehman Brothers was on the Frankfurt Stock Exchange. Lehman Brothers’ share price plummeted by 85%. The US stock market opened tonight. That was the highlight!

  At this time, Wang Guanxi smiled and said: "Tonight will be their nightmare, the day when the Black Shirt Consortium rises."

  ··

  At this moment, Tai Fook Securities Company and Lin Yongfu looked at the computer screen with horror.

  Although the US stock market has not yet opened.

  But on the Frankfurt Stock Exchange, Lehman Brothers’ share price has fallen by 85%. After the US stock market opens, Lehman Brothers’ share price will inevitably drop by more than 85%.

  Now he wants to close the position without any chance, because the shares of Lehman Brothers have been lent to the Black Shirt Investment Bank for short.

   "Ma Ma, I knew I shouldn't lend stocks to the Black Shirt Investment Bank"

   "Now I just want to close the position without a chance, **** it"

  He regrets in his heart that he has lent the stock to the Heishan Investment Bank for short, and now he can’t liquidate his position.

  ··

  At this moment, the Philippine Islands Securities Company, Elder’s forehead is also sweating. The share price of Lehman Brothers has fallen so badly in the European stock market. One can imagine what the US stock market will look like at the opening, and it will directly dive more than 85%.

   means that the 100 million shares of Lehman Brothers they hold will suffer a huge loss!

  The assistant asked: "President, shall we close the position at the opening?"

   "Let's close the position when the market opens," Elder ordered.

This Lehman Brothers company has gone bankrupt. The stock price will definitely plunge at the opening, and then all sell orders, there may be no buy orders, I don’t know if they can close their positions, because they need a buy order to pick it up. If there is no buy order in the market, they cannot close the position.

  Time passes soon!

   9:30 in the evening!

  The US stock market opens!

  AIG and Lehman Brothers share prices plunged directly!

  AIG dived $80 and opened at $120 per share.

  And the share price of Lehman Brothers seems to have jumped for life, jumping from a 10-story building to the first floor!

  This will crush the investors who hold its stocks to pieces!

  Lehman Brothers shares opened at 0.6 USD per share!

  Investors of Lehman Brothers lost 90% instantly!

  Then the stock price continued to fall sharply!

  The market is full of buying orders, and Taifook Securities Co., Ltd. and the Philippine Islands Securities Co., Ltd. cannot close their positions at all!

  The stock price fell all the way to $0.2 per share!

  Lin Yongfu's face was pale, and his whole body was sweating!

  The position cannot be closed at all, and no transaction can be made because the market is full of selling orders!

  Taifuku Securities previously spent 2.5 billion Hong Kong dollars to buy Lehman Brothers stock. The average buying position was 7.00 US dollars per share, and 46 million shares were bought. Now it’s fine, with a loss of 312 million US dollars on the book.

  46 million shares are worth only 9.2 million US dollars, which is 71.3 million Hong Kong dollars.

  This loss is as high as 242.8 billion Hong Kong dollars, a loss of 97.1%, which can be said to be lost.

The Philippine Islands Securities Company, which holds 100 million shares of Lehman Brothers, has an average position of US$6.00 per share. Now there is a loss of US$580 million in the account, with a loss of 96.66%, which can also be said to be lost. .

  Now they can’t close their positions!

   "President, we can't close the position, there is no buying in the market, we sell all over!"

  Then the stock price dropped directly to $0.1 per share!

  Wall Street Journal: [Lehman’s share price plummeted by more than 90% and reported $0.10 to become a penny stock]

  Black Shirt Insurance Company, Wang Guanxi saw that the share price of Lehman Brothers had fallen to $0.1 per share, so he shouted: "Close the position!"

  Now the short list of 40 million shares of Lehman Brothers is held in the U.S. stock trading account of the Blackshirt Investment Bank. It is time to close the position. The stock price continues to fall, and there is not much money to make.

  "Yes, BOSS" everyone is very excited.

  Hurry to close the position, the short position is equal to the buyer, 40 million shares buy order influx, but for the huge selling order, that is insignificant.

  Although the stock price rose to $0.3 per share, it soon fell to $0.05 per share. Lehman Brothers shares are no different from waste paper.

  The average position of the 40 million short positions of the Black Shirt Investment Bank was $0.2 per share, earning $4.8 per share, and 40 million shares earned $192 million, which is HK$1.488 billion.

  The principal amount of HK$1.5 billion was obtained from Wing Hang Bank for a loan. This time short Lehman Brothers made 99.2%!

  Wang Guanxi said: "Take out 88 million yuan, 20 million yuan as a bonus for everyone, and then use 68 million yuan as the daily operating funds of the Black Shirt Investment Bank, and pay interest."

  HK$88 million was spent, and there was still HK$1.4 billion + HK$1.5 billion in principal, for a total of HK$2.9 billion, of which HK$1.5 billion was a loan from Wing Hang Bank.

  "Yes, BOSS!" Everyone was extremely excited.

  But Taifook Securities Co., the Philippine Islands Securities Co., has lost everything.

  Because the share price of Lehman Brothers has fallen to zero, although it has not reached zero, it is a little bit worse.

  Taifuku Securities Co., the Philippine Islands Securities Co., has lost everything.

  Taifuku Securities Co.’s 2.5 billion Hong Kong dollars have all been squandered, and almost no one is left, because the position cannot be closed at all, and there is no buying in the market.

  Philippine Islands Securities Company, 600 million US dollars, there is nothing left, and the loss is extremely heavy!

  Although the Ayala Consortium is the number one consortium in the Philippines, the economy of the Philippines is average, and its GDP in 2007 was only US$149.3 billion.

  And Hong Kong’s 2007 GDP was 211.5 billion US dollars.

  The strength of the Ayala consortium is similar to that of the Hong Kong consortium.

  This time they lost 600 million U.S. dollars. For them, it was also a severe blow!

  Augusto was furious and cursed in the office!

   "Grass, bastard!"

  "600 million U.S. dollars!!!"

  (End of this chapter)