Rebirth of the Financial Crisis Sweeping the World

Chapter 251: 251 broke another 2 billion, you are not

  Chapter 251 251 makes another 2 billion, you are not worthy!

  Then Wang Guanxi went to the restaurant near Yonglong Building for lunch. Lunch had already been booked and many executive directors were there.

  Everyone was chatting, and the atmosphere was very lively. Now the Black Shirt Investment Bank and the Black Shirt Insurance Company are thriving.

  The employees of Heishan Investment Bank and Heishan Insurance Company have been very active recently.

   Especially the people in the investment banking department, because of the arrival of Ren Smith, he moved the rules of the Lehman Brothers investment banking department to the investment banking department of the Black Shirt Investment Bank.

  At present, the Investment Banking Department is mainly responsible for corporate equity financing, debt financing, mergers and acquisitions and restructuring consulting services, and Ren Smith is experienced in this area.

  After lunch, it is already 1:20.

  Now Heishan Investment Bank and Heishan Insurance Company are both in Wing Lung Building. After making a lot of money, I bought a building as the temporary headquarters of Heishan Group.

  If you have a real headquarters, you have to buy a piece of land and build a building yourself.

  Thinking of this, Wang Guanxi entered the building full of expectation.

  Time passed in a flash, and at 1:50 pm, there was important news.

  Ming Pao: [China Central Bank will cut interest rates and carry out monetary easing policies]

  South China Morning Post: Officials of the China Securities Regulatory Commission said that measures will be taken to maintain the stability of the stock market.

  This is good for the stock market.

And the stock market has just fallen so badly. Now that the short-sellers who are making money in their accounts, seeing this news, although they don’t know if it’s true or not, everyone is still a little panicked, for fear that the stock market will skyrocket, causing a lot of loss of profits in the account. .

  Moreover, many investors who want to buy dips also have the idea of ​​buying dips. Although it may be false news, the stock market may be rising.

  If the news is true, then the stock market must have risen for several days in a row!

  The Lushen and Shenzhen stock markets in the Mainland are both linked to the Hong Kong stock market. Many mainland capital leaders involve not only the Lushen and Shenzhen stock markets, but also Hong Kong stocks.

  This is fun.

  While Zhang Huiming watched these two messages, he was in a panic. He just shorted the Hang Seng Index!

   So he hurriedly went to the official website of China Securities Regulatory Commission to check if there was any such news. When he found out that there was no such news, he immediately said angrily: "This Ming Pao, the South China Morning Post must be spreading rumors!"

   "Grass, scared me to death"

  While Heishan Investment Bank, Wu Zhanhai, Wu Hongsheng, Lu Jianyan, Guan Zhenyi and others also saw this news, everyone felt that Ming Pao and South China Morning Post were spreading rumors.

  Wu Zhanhai quickly went to the official website to check and found that there was no announcement. He couldn’t help but said: “The China Central Bank will cut interest rates and implement monetary easing. Is it true or false?”

  This Ming Pao and South China Morning Post suddenly reported such news, which is suspicious. Someone must have released it deliberately.

  Wu Hongsheng also said: "It may be true. Now the global central banks have rescued the market, and interest rate cuts are normal. This is an absolute positive for the stock market in the short term."

  Li Guangyu also said: "I don't know how much the interest rate will be cut. It is possible to cut the interest rate. I don't know the specific time. It's warming up now."

  Lu Jianyan also said: "If it is true, it will be good for a while, the stock market will rise a lot."

  Guan Zhenyi also said: “Today A shares and Hong Kong stocks have fallen so badly, the global financial market is turbulent, and it is possible for the central bank to cut interest rates.”

  Lin Jiyang also said: "It's true, but what we are saying now is too early. This Ming Pao and South China Morning Post may be spreading rumors. It is too early."

  At this time, Wang Guanxi thought for a while, and said: "Let the media continue to report, give me a big report!"

  Wang Guanxi knew that because the global central bank rescued the market, the stock market's plunge was almost over, and then surged, and then continued to plunge for several months.

  Now that he is buying the bottom of the Hang Seng Index, he naturally hopes that the Hang Seng Index will skyrocket immediately.

  "Yes, BOSS" everyone hurried to do it.

  Then the Black Shirt Investment Bank also issued a message, claiming that: monetary easing is coming, the stock markets in the three places will reverse the decline, and the stock markets will be bullish in the future.

   And Minghui Securities Co., Ltd. refutes the Black Shirt Investment Bank, claiming that there is no monetary easing, and the Black Shirt Investment Bank, Ming Pao and South China Morning Post are deliberately misleading investors.

  Zhang Huiming even cursed: "The black shirt investment bank, paralyzed, a bunch of scum rumors!"

  This black shirt investment bank is nothing more than a rumor. It’s either spreading rumors or spreading rumors. It’s just a bastard. Now he is short on the Hang Seng Index. If the Hang Seng Index skyrocketed, he would have liquidated his position again.

  ··

  At this moment, Hao Yumao, vice president of the Hong Kong branch of Ping An Fund, shouted: "In the afternoon, we will buy the bottom of the Hong Kong stocks!"

  Recently, the assets managed by Hao Yumao have lost a lot of money. It's time to perform well this time.

  Think of the black shirt investment bank, he sighed for a while, the executive director of the black shirt investment bank, he almost knew the group of people who often meet in the Central Finance Club.

  Wu Zhanhai, Lu Jianyan and others are all taking off now. That Wang Guanxi kid seems to have disappeared recently. I don’t know what happened to the guy who was just like Wang Guanxi that day?

  It’s been a long time since I went to the Central Finance Club to pretend to be forced.

  Should you lose money and lose face to pretend to be forced, right?

  It is estimated that this is the case.

  There are those who don’t lose money in the stock market.

   And this time the China Central Bank's monetary easing is true, and it must be true. The global central bank rescues the market, it is not fake.

  "Buy me the Hang Seng Index, 100,000 lots!"

  "Yes, Mr. Hao" traders are very excited.

  CITIC Securities, China Merchants Securities, Bank of Communications International, Everbright Securities, Standard Chartered Securities... all began to bullish on the stock market.

  The Hang Seng Index has fallen so badly, those short sellers or institutions may be eager to cash in profits, and the stock market will definitely rise.

  ··

   Soon noon passed.

  Opening in the afternoon, the stock markets of the three places, the stock markets of Lu, Shenzhen, and Hong Kong all rose.

  The Shanghai Composite Index rose sharply, and the Lushen 300 Index rose sharply.

  Because the Hang Seng Index fell too sharply before, it jumped 250 points in the afternoon trading and opened at 16550!

   Zhang Huiming's face changed suddenly, looking at the computer dumbly, his head dizzy.

  His account instantly lost 400 million Hong Kong dollars, and the position was immediately liquidated.

  40,000 short positions were forcibly closed!

  The Hang Seng Index continued to rise, reaching the 16650 position in just 5 minutes!

  The 40,000 short position in Zhang Huiming’s account was closed at 16,598, with a loss of 248 points and a loss of HK$496 million!

  The net worth in the account is still 4 million Hong Kong dollars.

  Because Minghui Securities had to buy a property before, it borrowed 100 million Hong Kong dollars from the bank, and now it has debts of 100 million Hong Kong dollars, which is already insolvent.

Ruined!

  Zhang Huiming's face was like white paper, and his eyes were paralyzed on the office chair.

   "Why is this happening!"

"I can not be reconciled!"

   "Not reconciled!"

   "Ah!" he neighed.

  Now Minghui Securities Co., Ltd. is already insolvent, what should I do?

  As long as it is sold.

  Or borrow money.

  But who wants to lend him money.

  When you have a good time, everyone is the icing on the cake. When you are not doing well, it’s good if you don’t fall into trouble.

  ··

  While Heishan Investment Bank, Wang Guanxi’s account is very profitable!

  50 thousand Hang Seng Index long positions, the position is opened at 16,320, and the account has a floating profit of 330 points, which is a floating profit of 825 million Hong Kong dollars. It is simply not too cool.

   "Let me keep going up"

  Wang Guanxi clutched the tea cup tightly, very excited.

  Time slowly passed, a large number of short-term shorts closed their positions, and these short-term shorts all made profits. Now they are rushing to cash in their profits!

  Hang Seng Index continues to rise!

  16700 location!

  ·

  16800 location!

  ·

  16900 location!

  ·

  17000 locations!

  ·

  17100 location!

  Finally closed at 17120.

  There are 800 points floating in Wang Guanxi’s account, totaling 2 billion Hong Kong dollars, which is simply amazing.

  The net value of the account has reached 8.6 billion Hong Kong dollars.

  Today, the Hang Seng Index once plunged 1353 points, a decrease of 7.67%, which was a two-year low since July 2006, and was approaching the 16,000 mark. The State-owned Enterprise Index fell by more than 10%.

  However, it was reported that the China Central Bank might relax fiscal policy in the afternoon, and officials of the China Securities Regulatory Commission said that they would take measures to maintain the stability of the stock market, boost Chinese telecom stocks to take the lead in the withdrawal, and ultimately promote the market recovery.

  Black Shirt Investment Bank: The dramatic reversal of Hong Kong stocks was mainly driven by bargain-hunting buying, and favorable rumors became a catalyst to stimulate buying into the market.

  BNP Paribas predicts that the Central Bank of China will propose an economic stimulus plan next month. Specific measures include raising the tax rebate rate, relaxing price controls, and raising the bank’s loan quota.

  But Dao Heng Securities: The selling frenzy will continue until at least the end of 2008, and the Hong Kong market cannot avoid the deterioration of market conditions.

  Although the Hang Seng Index skyrocketed in the afternoon trading today, it still fell by 480 points today.

  The Hang Seng Index opened at 17600 this morning and finally closed at 17120!

  Furthermore, the Asia-Pacific stock market continued to fall today. The Hong Kong Hang Seng Index fell 3.3%, the Bay Island stock market fell 2.73%, and the Japanese Benzene stock market fell 2.2%, creating the lowest point since June 2005.

  The South Korean stock market fell 2.36%, the Australian stock market fell 2.4% to the lowest level in nearly three years, the Shanghai and Shenzhen stock markets fell again, and the Shanghai Composite Index closed down 33.21 points, or 1.72%.

  The Shanghai and Shenzhen stock markets opened sharply lower in early trading, and the Shanghai stock index fell below the 1900 point mark at the opening.

   Afterwards, with the financial and real estate sector falling sharply again, the Shanghai Index continued to fall. Soon after the opening of the afternoon, the Shanghai Index reached its lowest point of 1802 points, a drop of more than 6%.

  Subsequently, bank stocks staged a Jedi counterattack, leading the Shanghai Index to bottom out.

  As the banking, coal and other sectors became popular across the board, the Shanghai Stock Exchange Index regained its position at 1,900 points. The two markets once turned red, and the decline of individual stocks also narrowed significantly.

   approaching the close, the sell-off showed that the Shanghai Composite Index fell again. The Shanghai Composite Index closed at 1895 points, down 33 points, or 1.72%.

  Because the market’s concerns about the U.S. financial system caused the U.S. stock market to plummet and drag it down, even if it was short-term positive, it still fell.

  Huang Shaokai couldn’t help but said, “I don’t understand whether the stock market is going up or down.”

   Wu Zhankun said: "Of course the future will fall, and the stocks that are rising now are also a few."

   Zhang Dexi: "Yes, the real estate stocks fell the hardest today"

  Wang Juehao was very excited: "Haha, we can buy a building"

  When it comes to buildings, everyone is very excited. Heishan Insurance Company and Heishan Investment Bank have all grown up from scratch. The bigger and bigger they are, a building is needed as the headquarters.

  "The real estate stocks are really in depression now, and the housing prices are terrible." Wu Zhanhai couldn't help but sighed: "I don't know when housing prices this year will fall to a low level, but you must be copied by bargain-hunters.

  Lu Jianyan smiled and said: “Don’t worry, it won’t. Look at the performance reports of those real estate developers, and you can find out the performance prospects.”

  When it comes to performance reports and performance prospects, everyone is starting to check today's real estate developers.

  Now worries about performance prospects, real estate stocks are under heavy selling pressure.

Only a few large real estate stocks such as Country Garden, KWG, China Resources Land and China Overseas Development rose.

Among them, Country Garden surged 8.33%, Tianyu Real Estate fell by 45%, while China Aoyuan, Hopson Development, Shimao Real Estate, Cheung Kong Holdings, New World Development Group, Swire Properties, Sino Land Group, Sun Hung Kai Properties, Far East Development, Wharf Dozens of real estate stocks such as Henderson Land, etc. fell by more than 10%.

  China Aoyuan reduced its annual sales target from 4-50 billion yuan to 1.4-1.8 billion yuan, a drop of more than 60%.

  Coastal Homes has lowered its annual sales target by 20 to 30%, and the prices of its properties have also been reduced by 5% to 10%.

  Because of the sluggish real estate market, all major real estate developers are all mourning!

  Naturally includes the opponents of black shirt hedge funds, New World Development Group, Sino Land Group!

  Looking at New World Development Group, Sino Land Group’s share price has dropped a lot today, and everyone is very happy.

  New World Development Group’s share price has fallen to 9.00 Hong Kong dollars per share, and Sino Land Group’s share price has fallen to 2 Hong Kong dollars per share.

  The main funds of the black shirt hedge fund are used to short New World Development Group and Sino Land Group.

  On the New World Development Group, the black shirt hedge fund shorted 100 million shares, with an average position of 40.00 Hong Kong dollars per share, and now has a floating profit of 31 Hong Kong dollars per share, a total floating profit of 3.1 billion Hong Kong dollars.

  On Sino Land Group, the black shirt hedge fund shorted 300 million shares, and the position was set at 7.00, with a floating profit of 5 Hong Kong dollars per share, for a total floating profit of 1.5 billion Hong Kong dollars.

  Huang Shaokai couldn’t help asking: “Boss, do we want to close the position now?”

  Because they have a high short position, the stock price has fallen very low now, and it may be possible to start liquidation.

  Wang Guanxi couldn’t help but smile and said: “This is just the beginning, wait slowly, wait until they can’t handle it, large-scale liquidation, or the capital chain of two real estate groups breaks, we are over, we will close the position again”

  It’s only September. The financial tsunami has just come. The Huang’s and Zheng’s consortium have been trapped by the black shirt hedge funds with so much cash flow. How to tide over the difficulties this time is a problem.

  The two real estate developers have so many employees, and their daily expenses are very large. The houses cannot be sold. Many small companies have closed down. In addition, the rents have been greatly reduced. The two real estate developers have really suffered miserable losses.

  Especially the two real estate developers are hoarding land in the mainland and are engaged in real estate projects. If they have no money, the projects will have to be suspended.

  At this moment, Zheng’s consortium and Zheng Yuanfeng are under great pressure and are thinking about selling shares in Taifook Securities.

  But now the stock price of Taifook Securities Co., Ltd. has fallen into shit. Who would want it? If it is sold on the market, the stock price has fallen even worse. By then, it will really fall below 0.10 Hong Kong dollars.

  Now that the Zheng consortium is short of money, the New World Development Group and Chow Tai Fook are facing the possibility of a break in the capital chain.

  The slump in the real estate market has made it difficult for New World Development Group to proceed. He is considering large-scale layoffs or selling land in the mainland.

  But these plots were hoarded in the early years, and the locations were very good, so he was reluctant to sell them.

  The land in Hong Kong is more expensive, and he is even more reluctant to sell it.

  Now Chow Tai Fook’s jewellery industry has suffered an unprecedented impact, and it is the one who is most short of money. He thought about seeking help from a consortium in Japan to get them to borrow money.

  As for the Huang family consortium, Huang Zhiyu is also full of sadness. This real estate is so depressed that Sino Land Group, Sha Tsim Tsui Land Group, and Sino Hotel Group have performed very, very badly.

  The new real estate that has just been completed in the mainland is not interested in discounts. Every day is a large amount of expenses. Now the company is very sad.

He intends to sell the shares of Get Well Financial Group, but Hong Tianwen of Get Well Financial Group assured him that after Washington Mutual Bank is acquired at a premium, Get Well Financial Group will make a lot of money, and the stock price will skyrocket, so he can rest assured. .

  So Huang Zhiyu temporarily gave Hong Tianwen a chance and the last chance.

   "Hope Hong Tianwen's statement is true, this Washington Mutual Bank was acquired at a premium!"

  At this moment, on the news, the Black Shirt Investment Bank released a lot of news.

  【Sino Land Group's capital chain may break】

  【New World Development Group, New World Insurance Company was hit hard and started the road to self-help with difficulty】

  【Minghui Securities Company liquidated its position on the Hang Seng Index and was insolvent! 】

  ··

  At this moment, Minghui Securities Co., Ltd. and Zhang Huiming's heart is numb. Unexpectedly, this afternoon, the Hang Seng Index soared so much and rushed to the position of 17,120.

  If he didn't buy dips yesterday, or if he had been holding back dips yesterday, if he came to buy dips today, then he will be fully developed.

   "I hate it"

  He clasped his hands tightly, and his nails were falling into the flesh of his palms, and there was a burst of tingling pain.

   Yesterday, he bargained at the Hang Seng Index at 17,600, with 100,000 lots.

Then the market opened this morning, the Hang Seng Index plummeted, causing his account to liquidate directly, and then continued to buy bottoms, but still liquidated, and then he continued to buy bottoms to protect the market. In the end, he went short backhand and ended up losing positions again. Everything.

   "I'm paralyzed, I'll be over if I take a wrong step. If I didn't buy the dip yesterday, it would be fine. Waiting for the dip today, I will definitely make billions!"

  Zhang Huiming felt that it was a thought of heaven and hell.

  Looking at the Heishan Investment Bank and saying that Minghui Securities Co., Ltd. is already insolvent, Zhang Huiming suddenly cursed: "Bad son, scumbag!"

  At this time, his phone rang. A vice president of Standard Chartered Bank called Zhang Xiaolei. After thinking about it, he connected.

  On the phone, Zhang Xiaolei said straightforwardly: "Mr. Zhang, 100 million loan, we plan to recover a branch"

  Zhang Xiaolei is here to collect debts.

  Because Minghui Securities Co. is insolvent.

  It is indeed a huge loss on the Hang Seng Index.

   Zhang Huiming suddenly started kneeling and licking Zhang Xiaolei, the female banker like a grandson, but it was useless.

  Zhang Xiaolei intends to take away a property that Minghui Securities Co., Ltd. just bought. It is a one-story building with a previous value of more than 100 million Hong Kong dollars.

  Zhang Huiming had no choice but to delay.

  He intends to sell Minghui Securities Company!

  Currently, Minghui Securities Co., Ltd. has 15 billion Hong Kong dollars in client assets. It bought the equity of the 18th floor of Xinghui Building and Standard Chartered Bank came to collect debts. That would really be the end.

  So he kept calling people he knew to find sellers.

  Heishan Investment Bank also learned that Zhang Huiming planned to sell Minghui Securities Company, so it offered a price of 30 million Hong Kong dollars, and Zhang Huiming directly refused.

  Heishan Investment Bank then offered another 50 million yuan, and Zhang Huiming agreed.

  Then plan to sign the contract in the past.

   Then I received a call from Feroz Sanhavi, president of the Hong Kong branch of the Indian Imperial Bank, directly saying that he would inject 100 million Hong Kong into Zhang Huiming.

  So Zhang Huiming went directly to the Hong Kong branch of the Imperial Bank of India and accepted the capital injection from Feroz Sanhavi!

  After the capital injection, Zhang Huiming held 33% of the shares, while Rhodes Sanhavi personally held 67% of the shares.

  Zhang Huiming continues to be in charge of Minghui Securities Company, and he excitedly said: "Mr. Feroz, thank you."

Feroz Sanhavre pulled his tie and said: "It's just a small matter. I also heard that you plan to sell the securities company to the Black Shirt Investment Bank, so I will inject capital for you. You are a very capable person. People, I am optimistic about you"

  Feroz Sanhavi previously provided Zhang Huiming with a hundred times leverage. This Huiming made 1 billion Hong Kong dollars for the first time and 30 Hong Kong dollars for the second time, but today it has liquidated three times.

  It’s a pity.

  Especially when the Heishan Investment Bank wants to acquire Minghui Securities Company, he will naturally not let Heishan Investment Bank succeed, so he took out his own private funds to inject capital into the Hui Securities Company!

  Don’t the Black Shirt Investment Bank offer a price of 50 million Hong Kong dollars?

  I directly inject 100 million yuan!

  Zhang Huiming excitedly said: "Mr. Feroz, I will be waiting for you, Zhang Huiming, in the future."

At this time, his phone rang. It was Wu Zhanhai from the Black Shirt Investment Bank and asked him why he still hadn’t passed. Zhang Huiming explained the situation and had accepted Feroz Sanhavi, the president of the Hong Kong branch of the Imperial Bank of India. Private injection.

  Wu Zhanhai was a bit unwilling, and planned to spend 60 million Hong Kong dollars to make Zhang Huiming not accept Feroz Sanhavi’s capital injection.

  After all, after accepting the capital injection, Zhang Huiming could not get the money. If Minghui Securities was sold to the Heishan Investment Bank, then Zhang Huiming could get 60 million Hong Kong dollars.

   "Mr. Zhang, don't break your promise"

  "Mr. Wu, you can talk to Mr. Feroz, if he agrees, I will sell it to you"

  Zhang Huiming smiled bitterly and handed the phone to Feroz Sanhavi!

  Feroz Sanhavi sneered and said: "Mr. Wu, we have nothing to talk about."

   "Why?" Wu Zhanhai asked puzzledly.

  Feroz Sanhavi said casually: "You are not worthy"

  This lofty and defiant attitude made Wu Zhanhai very angry.

  After finishing the call, Wu Zhanhai told the BOSS Wang Guanxi.

  Wang Guanxi was taken aback, and suddenly thought of Feroz Sanhavi at Koala International Investment Bank that day!

   "Good guys, are we not worthy?"

   "Don't give me a chance!"

  (End of this chapter)