Rebirth of the Financial Crisis Sweeping the World

Chapter 240: 240 instantly made 1 billion, and the si

  Chapter 240 240 made 1 billion in an instant, six people are desperate!

  At the moment, the faces of Heishan Investment Bank, Wang Guanxi and others are a little dark.

  Huang Shaokai said: "This opponent is coming so aggressively"

   Zhang Dexi said angrily: "The paralyzed ones, and those who are not afraid of death will fight with us."

  "It is estimated to be an Indian." Then Wu Zhankun pointed to the report issued by the Indian Industrial Trust and Investment Bank.

  Indian Industrial Trust and Investment Bank claimed: “Washington Mutual Bank will be acquired by Morgan Bank Group”

  Wang Juehao said: "This time, it must be the Indians to stop us again."

  He felt that Hong Tiantian must have betrayed them and revealed to the Indians that they were shorting Washington Mutual Bank.

  Bai Weiqiang said: "This Indian is really lingering. Last time he lost a lot at Fannie Mae and lost at AIG again. They just don't have a long memory, they are cheap, and they owe a fight!"

   "Haha, yes" Wang Guanxi smiled.

  At this time, the news came again.

  【Multi-national central banks make emergency capital injections into the currency market】

  Worry that the bankruptcy of Lehman Brothers may cause banks to freeze lending activities to each other and to customers, many central banks around the world are actively injecting liquidity into the currency market.

  Monday’s unplanned capital injection is related to the rise in the overnight lending rate, which indicates that the inter-bank lending market has begun to tighten.

  The European version of the Wall Street Journal reported that Monday’s overnight lending rate in the Eurozone ranged from 4.43% to 4.48%, which was significantly higher than the ECB’s target interest rate of 4.25%.

  At the same time, the pound's overnight borrowing rate is between 5.20% and 5.30%, while the Bank of England’s benchmark interest rate is 5%.

  Bloomberg News reported that the dollar’s ​​overnight lending rate rose sharply by 96 basis points to 3.11%.

The bankruptcy of Lehman and the fear of further turbulence in the financial market have prompted global investors to turn to high-stability assets. Stock markets around the world have been hit, and the selling pressure on bank stocks has been particularly heavy. Investors and traders have vigorously bought yen and Treasury bonds, especially safe haven assets such as U.S. Treasury bonds.

  Huang Shaokai couldn’t help but said: “The financial storm seems to be coming, haha”

  Zhang Dexi also smiled: "Yes, now the financial system is facing unprecedented challenges"

   Wu Zhankun also said: “And banks may start hoarding cash because they are worried that the aftermath of the Lehman bankruptcy and further turbulence in the financial market may be coming.”

Wang Juehao also said: "It is obvious that the interest rate spread of the currency market will increase. A large number of institutions will again adopt the method of hoarding liquidity. In the coming weeks, the obvious increase in the risk of counterparties will be the main theme of the market. "

  After the US Treasury Department’s efforts to find a buyer for Lehman failed, the Fed has begun to take action.

  The Federal Reserve announced that it has begun to expand its lending program and will accept more varieties of loan collateral, including stocks.

  At the same time, a number of private banks have jointly established a US$70 billion liquidity fund.

  The Bank of England will inject another 5 billion pounds (approximately US$8.9 billion) of liquidity into the money market through a three-day loan.

  The Bank of England pointed out in a statement that this action was a response to short-term currency market conditions this morning.

  The statement also stated: The Bank of England will work closely with other central banks to monitor market changes.

  In the one-day money market auction, the Frankfurt-based European Central Bank injected 30 billion euros (approximately US$42.5 billion) of liquidity into the market.

   Earlier, the European Central Bank pointed out that it is paying close attention to the state of the currency market and is ready to ensure the order of the market.

  The Swiss National Bank and the Reserve Bank of Australia also took action to inject liquidity into the currency market on Monday morning.

  In addition, the China Central Bank announced that it will cut its benchmark lending rate by 27 basis points.

  Wang Guanxi said: “In addition to the US and European banks that have ties to Lehman, Lehman’s bankruptcy has also triggered market concerns that other banks may also file for bankruptcy.

  Therefore, banks may become more and more reluctant to borrow from each other. The credit crunch will intensify and the risk that it will last for a long time will increase accordingly. When the time comes, the stock market will be blood drawn. It is no wonder if it does not continue to plunge! "

  At this time, another message comes

  Insurance giant: American International Group (AIG) is seeking to obtain a bridge loan of US$40 billion from the Federal Reserve to avoid being downgraded by credit rating agencies.

   "Haha, the share price of AIG Group will continue to fall into **** now"

  "Indians are crying to death in the toilet"

"Yeah yeah"

  Everyone chats while drinking tea.

  Looking at the time, it was too late, Wang Guanxi opened the mouth and said: "The arranger will continue to stare at the stock price. Please tell me any changes at any time."

  This time short the Washington Mutual Bank, which caused a blockade, but it is also just right. Anyway, Washington Mutual Bank is also going to follow in the footsteps of Lehman Brothers.

  10 days later, Washington Mutual Bank went bankrupt!

  "Yes, BOSS" everyone is very excited and nervous.

   Then Wang Guanxi left Heishan to invest in the bank and returned home to rest.

  This time the stock market has come to an end for a while, and all the shorts should be shorted, just waiting for AIG's stock price to continue to fall and Washington Mutual Bank to go bankrupt.

  Of course, it also protects the listed companies under the Hong Group, the Huang Group and the Zheng Group.

  Starting tomorrow, I will focus on the Hang Seng Index. Because of the Mid-Autumn Festival, the Hong Kong stock market is closed today, and the market opens tomorrow morning, Hong Kong stocks will inevitably fall sharply across the board.

  The Hang Seng Index is bound to plummet. Wang Guanxi still holds a short list of 20,000 Hang Seng Indexes in the account of Wing Hang Securities Company, with a floating profit of 3,100 points, a floating profit of 3.1 billion Hong Kong dollars, and a net value of 3.9 billion Hong Kong dollars.

  Thinking that the Hang Seng Index will plummet tomorrow, Wang Guanxi is very looking forward to it.

  However, the current black shirt insurance company, the black shirt investment bank, and the black shirt hedge fund have a lot of debt, and the daily interest rate is also extremely high.

  The black shirt insurance company shorted 5 million shares of American International Group. The value at the time was 2 billion Hong Kong dollars, and the monthly interest was nearly 36 million US dollars, which is 279 million Hong Kong dollars per month.

  Black Shirt Investment Bank shorted 120 million shares of Washington Mutual Bank, and the monthly interest was nearly 60 million Hong Kong dollars.

Black shirt hedge funds shorted Get Good Financial Group, Aeon Credit Company, Sino Hotel Group, Sino Land Group, Taifook Securities Company, New World Development Group, Grand Regal Hotel Group, Pak Poly Holdings, New Century International, and sold valued at HK$11.8 billion The monthly interest of the stocks exceeds 230 million Hong Kong dollars.

  The total monthly interest is nearly 570 million Hong Kong dollars!

  This is a large number. Although Wang Guanxi is very calm, the horses are very worried. The monthly interest of 570 million Hong Kong dollars is 19 million Hong Kong dollars per day.

too frightening.

  Time passed in a flash.

  The negotiations between Morgan Bank Group and Washington Mutual Bank did not replace progress.

  Washington Mutual Bank’s stock price turned around and fell to $3.00 per share in the late trading session.

  The black shirt investment bank account has changed from a floating loss of 60 million US dollars to a small floating profit.

  The U.S. stock market plummeted across the board today, which shocked the world!

  The major media around the world have reported on the financial crisis that has occurred.

  New York Times: U.S. stocks plummeted on Monday, and the Dow recorded its biggest single-day decline since the September 11 incident 7 years ago.

  Lehman Brothers declared bankruptcy, Merrill Lynch agreed to sell the company to Bank of America, and AIG urgently needed huge amounts of cash to get rid of financial difficulties.

  These news shocked the global financial market, and also made investors worry about the financial situation of other financial institutions.

  Bloomberg: The stock market can accept bad news, but it cannot put the problem on the table. There will be many bad news waiting for us in the future.

  CNN: Lehman’s bankruptcy is different from the airline’s bankruptcy. Bankrupt airlines can continue to operate until the problem is resolved, but Lehman will become history.

  As of the close, the Dow Jones Industrial Average fell 504 points to close at 10,917 points, a drop of 4.42%.

  The Dow hit the biggest single-day drop in points and drop since September 17, 2001.

  Only Coca-Cola rose 0.5% among the 30 Dow stocks.

  AIG Group plummeted by 60.8%, putting tremendous pressure on the Dow.

  Investors also set their sights on Seattle-based Washington Mutual Bank, which is negotiating mergers and acquisitions with JP Morgan, but there is no result yet.

  Washington Mutual Bank fell 25%, and JP Morgan fell 10.1%.

  Wall Street Journal: Why not bail out AIG Group and Washington Mutual Bank? This is the focus of this week.

  The Standard & Poor's 500 Index fell 59 points to close at 1192 points, a drop of 4.71%.

  S&P's 10 major industry sectors fell across the board, with financial and energy stocks leading the decline.

  Sunoco Inc. plunged 20.2%.

  The passing of two important US financial institutions hit financial stocks hard, and the financial sector fell 9.7%.

The   Nasdaq Composite Index fell 81 points to close at 2,179 points, a decrease of 3.60%.

  French news agency: CRB index flattened the previous gains, New York crude oil futures closed down 5.47 US dollars

  Financial Times: Yen has risen the highest against the U.S. dollar in 10 years, and many central banks make emergency capital injections

  World News: Three of the five major U.S. investment banks have collapsed

  Times: The Federal Reserve's $70 billion stabilization fund rescues the market

  Fox News: President Bush says short-term pain is painful but long-term good

  Associated Press: Greenspan said that the US financial crisis has happened once in a century

  Deutsche News Agency: US Treasury Secretary Paulson opposed the use of taxpayer funds to rescue Lehman

  Singapore Morning Post: Wall Street's darkest day in 7 years

  Xinhua News Agency: Global stock markets plummeted, and the total market value of A-shares has evaporated 19 trillion in eight and a half months

  The total market capitalization of Shanghai and Shenzhen A shares at the end of last year was 32.71 trillion yuan, and currently only 13.52 trillion yuan.

  Ming Pao: The HKMA provides funds to local banks at any time. ··

  Now the global financial industry is filled with panic.

  And on the morning of Tuesday, September 16, the Asian stock market did not open. Many investors, retail investors, and financial institutions are responding to the sharp drop in the stock market at any time.

  Especially the Hong Kong stock market. Because the market was closed on the 15th and the market opened on the 16th today, it will inevitably fall sharply. I don’t know how much the Hang Seng Index will fall?

  At this moment, Koala International Investment Bank.

  Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji, and Zhang Renliang stood nervously in the office, not thinking of sitting down at all, because they were restless.

  Because of the bankruptcy of Lehman Brothers, Merrill Lynch was acquired by Bank of America. The U.S. stock market plummeted last night, and today it is the Hong Kong stock market’s turn.

  Koala International Investment Bank before the close of the market last Friday, bargained for 50,000 lots of the Hang Seng Index. The position was opened at 19,300, with a fluctuation of 2.5 million Hong Kong dollars.

  The Hong Kong stock market was closed yesterday Monday for the Mid-Autumn Festival, but it will open today on Tuesday.

  The global stock market plummeted yesterday, and today the Hong Kong stock market is bound to plummet.

  Hang Seng Index may dive directly!

too frightening.

  Lu Jianting sighed: "Oh, it's awful. I don't know how many points the Hang Seng Index will plummet?"

  This time they mobilized a total of 2.5 billion Hong Kong dollars, used 100 times leverage to do the Hang Seng Index, and spent 500 million Hong Kong dollars in margin. Now the available funds in the account are 2 billion Hong Kong dollars!

   can resist 800 points. If the Hang Seng Index plummets by more than 720 points today, their account will be liquidated.

  The 2.5 billion Hong Kong dollars was collected by them from selling all their property, including loans. If the position is liquidated, the six of them will be completely finished.

   Guan Zhenyi also said: "It should not have fallen too much."

  The global stock market plummeted yesterday, and the Hong Kong stock market was closed. They were lucky enough to escape the catastrophe. God won’t let them liquidate their positions today.

  He thinks that the Hang Seng Index will fall by 600 or 700 points at most, and it will not fall by 800 points. In addition, the central banks of various countries have urgently injected capital and are ready to rescue the market. They will be fine as long as they resist the past.

  Lin Jiyang's face was a little pale and said: "I hope so, I hope I don't fall too much, it's OK if we accept it."

  Before, they had sold 60% of the shares of Lehman Brothers in Hong Kong to CLSA, borrowed a lot of money, and then added it to the trading account, in order to prevent their account from being liquidated.

  The available funds of HK$2 billion can resist 800 points. He doesn’t believe that the Hang Seng Index will fall by 800 points today?

  Of course, 800 points is not too much, which means it fell 4.1%.

  However, he thinks that the Hang Seng Index fell within 3.5% today, because global central banks are preparing to rescue the market, which is good for the stock market.

  They staggered yesterday’s global stock market crash. They were really lucky.

  Because yesterday was the most panic moment, the stock market plummeted a lot, that is very normal, but today there is good news, that is, central banks rescue the market.

  Chen Peiquan couldn’t help sighing: “If we blow out this time, then the six of us will be dead.”

In order to avoid a liquidation on the Hang Seng Index this time, they have almost exhausted their fortunes, have nothing left, and owe a debt. The available funds of HK$2 billion in the account can resist a drop of 800 points. , If the Hang Seng Index falls below 18500 today, the six of them will be completely ruined. It can be said that they will be completely ruined.

  Cai Manji also said with a horror: "Oh, the Dow Jones index fell by 4.42% last night. If Hong Kong's Hang Seng Index also fell by more than 4.1%, we will be completely finished, grass!"

  Think about him and hate him. Why did Lehman Brothers go bankrupt? Why didn't an organization buy Lehman Brothers?

  Now the bankruptcy of Lehman Brothers has caused panic in the global financial market. It is simply terrible. They may be finished at any time this time!

  Zhang Renliang looked at everyone very low, so he said encouragingly: “Don’t worry, everyone, the Hang Seng Index can’t fall anywhere, so we just wait patiently. As long as we resist the past, the future will be bright!”

  Global central banks have already begun to rescue the market, and rumors that more than 300 billion US dollars have been released.

  The bankruptcy of Lehman, the acquisition of Merrill Lynch, and the crisis faced by AIG have once again caused turmoil in the global financial market. For a while, the financial system once again fell into a situation of depletion of funds.

In order to improve market liquidity and regain confidence, global central banks, including the Federal Reserve, the European Central Bank, and the Bank of Japan, have taken actions in the past two days to directly and indirectly “transfuse blood” to the market through various channels. Of course, such blood transfusions are not direct. Buy stocks and borrow money.

  For example, the total amount of credit arrangements auctioned for the second plan of the Federal Reserve’s fixed-term securities lending facility will increase from US$125 billion to US$150 billion. The total amount of credit arrangements for the auction of regular securities lending instruments will increase from US$175 billion to US$200 billion.

  At this time, the news came again.

  South China Morning Post: The Hong Kong government does not intend to interfere in the stock market, nor will it control the inflow or outflow of funds into Hong Kong.

  Six people suddenly changed their faces!

  Not planning to intervene in the stock market? ? ?

   will not control the inflow or outflow of funds into Hong Kong? ? ? ?

  Lu Jianting said coldly: "This South China Morning Post must be an early rumor."

   "Yes, it must be fake news"

   "No, it's true"

   "What, really?"

   "It can't be true"

   "This is true, it's not spreading rumors, it was just released"

  Six people suddenly felt cold in their backs, and their whole bodies trembled.

what does that mean? ?

What does    mean?

  ··

  Wang Guanxi only got up at 9 o'clock, slept happily, and when he opened the news, he was immediately excited.

  The Hong Kong government does not intend to interfere in the stock market, nor will it control the inflow or outflow of funds into Hong Kong.

  This is fun.

   So he hurriedly got up, washed, and came to Wing Hang Securities Company.

  Currently, Wang Guanxi’s No. 1 mysterious fund Wing Hang Securities trading account holds 20,000 short positions in the Hang Seng Index, with a floating profit of 3.1 billion Hong Kong dollars. Today, the opening of the Hang Seng Index is definitely a big plunge.

  Maybe some funds will be withdrawn today, so Wang Guanxi wants to stay here at Wing Hang Securities.

  Feng Shaokun was eating breakfast. He saw Wang Guanxi and asked in surprise: "Guanxi, why are you here suddenly?"

  He wondered if Wang Guanxi came to get a loan?

   Honestly, Wang Guanxi is really amazing. I don’t know how much money I will make this time.

  Before shorting Lehman Brothers, then Lehman Brothers went bankrupt and shorted AIG. Now AIG is also facing bankruptcy and its stock price collapsed.

  It is heard that the Black Shirt Investment Bank has shorted Washington Mutual Bank again.

  Now Wang Guanxi and his company owe a total of 7.5 billion Hong Kong dollars in short-term loans to Wing Hang Bank. To be honest, they can’t get loans now.

  Wang Guanxi smiled and said: "Come here to witness the moment, today the Hang Seng Index will be a big dive at the opening of the market."

  Feng Shaokun said with envy: "You still hold a short list of 20,000 lots in your account now, this time you are going to make a lot of money."

  The global stock market plummeted last night, and today the Hong Kong stock market doesn’t know what the decline will look like.

  Wang Guanxi smiled and said, "Good luck"

  Talking for two days.

  The Hong Kong stock market has opened.

  Hang Seng Index directly dived 1000 points and opened at 18300!

  God!

  Diving a thousand points!

  Fell into place in one step!

  One billion Hong Kong dollars in profit instantly increased in Wang Guanxi’s account!

  Now there are 4,100 points floating in the account, totaling 4.1 billion Hong Kong dollars, and the net value of the account is as high as 4.9 billion Hong Kong dollars.

  It's so cool!

When    opened, it made 1 billion Hong Kong dollars.

  Feng Shaokun couldn’t help but said: “Damn, I dived 1,000 points at the opening, oh my god!”

  It is unimaginable!

   "Guanxi, I really admire you, you make a lot of money every day, I smell the fragrance every day"

  Wang Guanxi smiled and said: "Brother Feng, you are really stable. You are a brokerage business, and you don’t know how to save money. You get handling fees and commissions every day."

  Feng Shaokun sighed: "The net profit of my securities company in one year is more than 100 million Hong Kong dollars. You made 1 billion Hong Kong dollars in a few minutes. I rely on it, I'm confused with you."

  He works hard to do the brokerage business, which is to charge commissions and handling fees. He will not do speculative transactions because the risk is very high.

  But the risks are high and the profits are big!

  The net profit of his Wing Hang Securities Company is only 100 million Hong Kong dollars a year, and Wang Guanxi is 1 billion Hong Kong dollars in a few minutes, which is 10 times that of Wing Hang Securities Company. This is simply crushing.

  He really envy Wang Guanxi in his heart!

  Wang Guanxi smiled and said: "Brother Feng, you can just speculate."

Feng Shaokun shook his head and said, "Oh, the risk is high. Today, the Hang Seng Index opened with a dive of 1,000 points. Look at those investors who are long. They have suffered a miserable loss today. I don't know how many people have been shorted. The accounts are all negative."

   Thinking of this, Feng Shaokun said, “I don’t know how Lu Jianyan and the others are doing?”

  Last week, Koala International Investment Bank made a dip in the Hang Seng Index, and then it dived 1,000 points at the opening this Tuesday.

  I heard that Koala International Investment Bank made 50,000 lots longer, and it lost 2.5 billion Hong Kong dollars this time!

  This is simply unbelievable.

  Maybe these six people are really going bankrupt.

  Wang Guanxi smiled and said, "I wish them good luck."

  The six people bought the bottom of the Hang Seng Index at the end of last Friday. Unexpectedly, when the market opened this Tuesday, the Hang Seng Index dived 1,000 points. It is impossible to imagine the shadow area on their faces.

  At this moment, Koala International Investment Bank, Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji, and Zhang Renliang looked at the computer screen dumbly!

  Hang Seng Index actually opened up and dived 1,000 points!

  They lost 2.5 billion Hong Kong dollars instantly!

  The net value in the account is 0.

  Just lose all the money in the account at once.

  The 50,000 long orders in the account were also forcibly liquidated!

  Of course, a large number of bulls have also been forcibly liquidated!

  In just 15 minutes, the stock price fell again by 260 points, down to the position of 18040!

  The liquidation position of their 50,000-lot long position is at 18180.

   lost 1120 points, a total loss of 2.8 billion Hong Kong dollars.

  And they only have 2.5 billion Hong Kong dollars left in their account!

   also owed 300 million Hong Kong dollars to the bank.

Ruined!

  Now Koala International Investment Bank has 150 million Hong Kong dollars in cash and no assets.

  They are personally in debt.

What should we do now?

  Several bank calls are calling, urging them to ask for money!

  And they are personally in debt!

  What can I do now?

  Six people are desperate.

   sat slumped on the ground, looking at the ceiling helplessly.

  Now they are completely finished, nothing will be left!

  (End of this chapter)