Rebirth of the Financial Crisis Sweeping the World

Chapter 260: 260 diving 600 points net worth 8.6 bill

  Chapter 260 260 diving 600 points net worth 8.6 billion! Four lose all!

  The next day, September 23, Tuesday morning.

  It was raining heavily in the sky.

  Wang Guanxi slept in the big bed of the Empire Hotel on Hong Kong Island. After checking the time, it was already 8:30, so he woke up slowly and went to the dining room after washing.

  Heishirt Investment Bank and the executive directors of Heishirt Insurance Company are all located here.

  Now Asia Standard Hotel Group has become a listed company under the Black Shirt Hotel Holding Company.

  The executive directors of the Black Shirt Investment Bank and the Black Shirt Insurance Company have diamond cards of the Empire Hotel, and they can be reimbursed by the company if they live in the Empire Hotel. This is a benefit for the horses.

  Other senior executives and employees of the Heishan Group come here to stay, eat lunch, and dinner can be discounted.

  This is the support of Black Shirt Investment Bank and Black Shirt Insurance Company to Asia Standard Hotel Group.

  Huang Shaokai, Wu Zhankun, Zhang Dexi, Wu Zhanhai, Lu Jianyan, Ren Smith and others all ate in the restaurant and talked about the financial situation.

  Seeing Wang Guanxi, everyone shouted excitedly: "BOSS!"

  "Yeah" Wang Guanxi nodded, came to sit down, and the waiters delivered a beautiful breakfast, whole wheat bread pudding, scallops and vegetables porridge, sandwiches, yogurt, very rich.

   "This whole wheat bread pudding tastes really good" Wang Guanxi ate spoonful after spoonful.

  Wheat bread pudding is a mixture of whole wheat bread, eggs, fresh milk, cinnamon powder, avocado, pecan nuts, and raisins. It is a breakfast that Wang Guanxi likes very much.

   Then he opened his mouth to the female supervisor waiting beside him: "I will add this to my breakfast book every day."

  He has the Supreme Card of the Empire Hotel, and his usual consumption is covered by the insurance of the Black Shirt Investment Bank or the Black Shirt Insurance Company, while other horses are the same.

  Of course, the reimbursement limit for his consumption at the Empire Hotel is not limited, and the horses have a limit, so you can’t let the horses spend freely, right?

  So the reimbursement at the Empire Hotel is limited every month.

  "Okay, Mr. Wang" the female supervisor nodded quickly. She just knew that this gentleman was surnamed Wang and had a lot of background. She was the most distinguished guest of Asia Standard Hotel Group and possessed the hotel's supreme card.

  Huang Shaokai, Wu Zhankun and others also asked for this kind of breakfast.

  Because they usually like to work night shifts, they may not rest until 12 o'clock, so on weekdays, they also like to stay at Empire Hotel.

  "Okay, gentlemen" the female supervisor nodded quickly.

  These VIPs all have diamond cards, and their identities are also exceptionally noble.

  Eating breakfast, Wang Guanxi asked: "The U.S. stock market plummeted last night, what happened to the stock prices of AIG Group and Washington Mutual Bank?"

  Huang Shaokai said excitedly: “BOSS, the share price of AIG Group has fallen to 46 US dollars per share, and the black shirt insurance company has a floating profit of 1.71 billion US dollars.”

   Wu Zhanhai said excitedly: “Washington Mutual Bank’s stock price fell to 1.5 US dollars per share, and the Black Shirt Investment Bank made a floating profit of 180 million US dollars.”

  "Very good" After eating a sandwich, Wang Guanxi continued: "This time the share price of AIG Group has fallen to $30 per share, we will close the position again."

  "As for Washington Mutual Bank, just wait for it to go bankrupt."

  This time the US White House’s $700 billion rescue plan met resistance, causing the stock market to plummet!

  AIG Group’s share price will continue to fall.

  Washington Mutual Bank just waited for it to go bankrupt.

  Zhang Dexi said excitedly: “The Indian Industrial Trust and Investment Bank, the Indian Pension Fund, the Tata Consortium, and the Kie Hao Financial Group will suffer a terrible loss this time, haha”

   Wu Zhankun echoed: "Yes, yeah"

  Ryan Smith said: "This global stock market is about to plummet again. The US stock market fell so badly last night, and today the Asian stock market will also plummet."

  Wang Guanxi smiled and said: "Yes, the Hong Kong stock market will definitely dive today"

   Wu Zhanhai said excitedly: "Today will be a nightmare for Minghui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities!"

  He already knows that these four securities companies are doing long Hang Seng Index.

  It was still long yesterday afternoon.

  Then the U.S. stock market plummeted in the evening. Today, the Hong Kong stock market is sure that it is definitely a plummet, needless to say.

  These four securities companies are fighting against the Heishan Investment Bank, which is simply looking for death.

  Lu Jianyan also said: "I heard from their insiders that they plan to jointly acquire the Black Shirt Investment Bank, haha, these idiots."

   Wu Zhankun: "They are weird if they don't die this time"

  Huang Shaokai smiled: "I hope the Hang Seng Index will gap 500 points when it opens."

  Wang Guanxi smiled and said: “Today the Hang Seng Index should have fallen by more than 500 points. Anyway, this time they are really finished.”

  These idiots even dreamed of acquiring the Heishan Investment Bank, and they were simply caught in their foreheads.

  ··

  At this moment, Zhang Huiming, Qian Mingyuan, Jia Baowei, Jin Xu and others are having breakfast at the Chinese Hotel. They were awake at night last night.

  The U.S. stock market plummeted last night, which means that the Hong Kong stock market will also plummet today.

  And their account holds a long list of 60,000 lots of Hang Seng Index. The position of the position is 19,950, and one point of fluctuation is a profit and loss of HK$3 million.

  If the Hang Seng Index gapped by more than 333 points, they would have to lose more than 1 billion Hong Kong dollars.

   Zhang Huiming said: "I hope the Hong Kong stock market opens today, will the Hang Seng Index dive?"

  The U.S. stock market has fallen so badly. Needless to say, the Hang Seng Index will dive today. I hope it will not happen. Zhang Huiming invested 500 million Hong Kong dollars this time. That is the investment of his most trusted clients. If they lose money, it would be really bad!

  His client is Zheng Qifei, the chairman of the Huada Hotel Group. He wants to rely on this investment in the stock market to turn himself around. If he fails, it may be finished.

  Qian Mingyuan sighed, “It’s really bad luck. I don’t know how many points will the Hang Seng Index fall today?”

  This time they mobilized a total of HK$2 billion to operate the Hang Seng Index. Under the 100 times leverage provided by the Indian Imperial Bank, they made 60,000 lots of the Hang Seng Index and spent HK$600 million in margin.

  There are 1.4 billion Hong Kong dollars in available funds in the account, which should be able to resist.

   Thinking of this, he opened his mouth and said: "We still have 1.4 billion Hong Kong dollars in available funds in our account. It should be okay, right?"

  Now he is really worried that his position will be liquidated today.

   "It should be no problem," Jia Baowei said: "As long as the Hang Seng Index falls below 466 points today, our account will not be liquidated."

  One point of 60,000 hands fluctuation is HK$3 million, and HK$1.4 billion can resist 466 points. He thinks it can be resisted.

   Jin Xu also said: "I hope so, paralyzed, the US stock market is simply too ridiculous, and the good-looking $700 billion plan has been hindered."

  If the $700 billion rescue plan last night was not hindered, the U.S. stock market must have continued to skyrocket last night, but it happened to meet resistance.

  He is so angry.

  At this time, the Black Shirt Investment Bank made a point: The $700 billion rescue plan temporarily stopped Wall Street from bleeding last week, but the sharp decline in US stocks this Monday will refresh people's consciousness, and Wall Street is still precarious.

  Black Shirt Insurance Company: Due to the uncertainty of the rescue plan and the asset black hole of financial institutions, the market may continue to fluctuate. It is recommended to short the stock market.

  Heishan Investment Bank and Heishan Insurance Company are both singing the stock market, which will undoubtedly pour cold water on Asian investors who plan to buy the stock market in the future.

  Ming Pao: The Dow Jones Index closed down by 3.3% on Monday, and everyone's confidence in the $700 billion rescue market began to be insufficient.

  Wenhui Zaobao: Last week, it was mainly market panic. The rescue measures were still useful to prevent extreme panic in the market. But the basic problem has not been solved, so it should fall. The basic problem is that the economy is already in recession or is on the verge of recession.

  Sing Tao Daily: Paulson’s rescue plan is to treat the symptoms but not the root cause, and economic problems are not easily solved by the government’s introduction of a policy.

  More than two months ago, the government passed a bill to help the housing market. Adding these 700 billion US dollars, the total is almost 1 trillion US dollars. How the Ministry of Finance will operate in detail, from whom they will buy assets, and at what price. These details are missing, and today's market has responded to it.

  Zhang Huiming resolutely said: “The 700 billion US dollars will definitely pass, otherwise the market will completely collapse.”

  Qian Mingyuan, Jia Baowei, and Jin Xu also agreed.

  "As long as we resist it, it will be fine"

   "The grass doesn't panic!"

   "Waiting for the US$700 billion rescue plan to pass, the global stock market will surely skyrocket by then."

  At this time, the news came again.

  Following the US government’s US$700 billion rescue plan, the British government may consider using 200 billion pounds to rescue the banking industry on the brink of crisis.

  Zhang Huiming smiled and said: "It will definitely pass, the global stock market will be saved."

  Qian Mingyuan: "This is good for the stock market. Today, the Hang Seng Index will not plummet too much."

  Jia Baowei: "Yes, I think so too"

  Jin Xu: “The British government invested 200 billion pounds, which is also a very large amount. Good news. The Hang Seng Index closed at 19,950 last night. Today, I think it won’t fall too much, 200 points.”

  He thinks the Hang Seng Index will not fall too much today, they are safe.

  Time passed in a flash.

  At 10 o'clock in the morning, the Hong Kong stock market opened.

  Hang Seng Index has dived!

   gapped 600 points!

  Open at 19350!

  Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu's faces changed drastically!

"Do not!"

"no no!"

   "Grass!"

   "How is it possible! Paralyzed!"

  They never expected the Hang Seng Index to dive 600 points at the opening. This is a hammer on their heads, and the four people’s heads are blank!

  Because the Hang Seng Index gapped 600 points, the accounts jointly traded by Minghui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities went out of stock in an instant.

  A loss of 1.8 billion Hong Kong dollars per second!

  The net value of the account is 200 million Hong Kong dollars left!

  Then 60,000 lots of the Hang Seng Index long position was forcibly liquidated by the Imperial Bank of India.

  Then the Hang Seng Index continued to fall!

   Soon it dropped another 100 points from the 19350 position to 19250!

  The average liquidation position of their 60,000 Hang Seng Index long positions was 19,300. They lost a total of 650 points for a total loss of 1.95 billion Hong Kong dollars. There is still 50 million Hong Kong dollars left in the account.

  Zhang Huiming looked at the computer screen desperately, "Why is this? How can I gap 600 points!"

  He really couldn’t think of why the Hang Seng Index would gap 600 points!

  The 500 million Hong Kong dollars he invested this time, but the money contributed by the chairman of the China Hotel Group, Zheng Qifei, now there is 12.5 million Hong Kong dollars left from the 500 million Hong Kong dollars.

  He was shaking all over.

  How should he face Zheng Qifei next?

  Zheng Qifei invested 500 million Hong Kong dollars, and said that the profit was two to eight, and now there is 12.5 million Hong Kong dollars left.

   "Really!"

"Ugh!"

  Zhang Huiming slumped on the ground for a while, his expression extremely dazed.

  Qian Mingyuan looked at the computer heartbrokenly, without saying a word, he invested 500 million Hong Kong dollars, and now there is 12.5 million Hong Kong dollars left, a loss of 97.5%!

  He is sweating cold on his back.

  500 million Hong Kong dollars, this has already lost half of his net worth.

"damn it!"

  His eyes are full of hatred, and he can't wait to smash the computer.

  Jia Baowei looked at the Hang Seng Index chart with a pale face, and a cold sweat broke out on his forehead. The 500 million Hong Kong dollars left 12.5 million Hong Kong dollars, which is nearly half of his worth. How could he go back and explain to his wife.

   "I'm paralyzed, the Hang Seng Index of this dog day has jumped by 600 points!"

  "How should I go back and explain?"

   "This is half of my belongings, so it's gone!"

  "Fuck your uncle, bastard!" Jin Xufa broke his fingers. This time the loss was extremely miserable. The 500 million Hong Kong dollars was gone in an instant, and his heart was extremely uncomfortable.

  The 500 million Hong Kong dollars, but he worked hard and earned it for a long time, but he didn't expect to lose out on the Hang Seng Index all at once.

  This is like a person who works and saves money. After saving two years of money, he gambled all at once.

  Yesterday, the four of them were still thinking about acquiring the Heishan Investment Bank and regarded Heishan Investment Bank as a fat pig for slaughter.

  Unexpectedly, I found out today that they were directly stewed in a pot.

  At this moment, Zhang Huiming’s phone rang. It was called by Zheng Qifei, the chairman of Huada Hotel Group. He quickly connected, and his voice trembled: "Hello"

  On the phone, Zheng Qifei learned that the Hang Seng Index had plummeted today, and he asked anxiously: "How is the situation now?"

  Yesterday afternoon, Zhang Huiming told him that he had bought the Hang Seng Index, but today TM's Hang Seng Index plummeted so many points. Isn’t his 500 million Hong Kong dollar investment dead?

  Zhang Huiming said apologetically: “It’s done this time, the account has been blown up, and it’s lost. There is 12.5 million Hong Kong dollars left, Lao Zheng, I’m sorry, alas, my fault”

On the phone, Zheng Qifei heard that there was 12.5 million Hong Kong dollars left in his account. He suddenly became anxious and asked furiously: "Zhang Huiming, don't you mean to make money steadily? Cao Nima's has lost nearly 500 million. Hong Kong dollar, Lao Tzu, Lao Tzu, TM's..."

  He was panting heavily, and his breathing was not smooth.

This 500 million Hong Kong dollars was almost half his life. Now his company is very difficult. He wants to stand up in the stock market, make a fortune, and then fill the shortfall. Unexpectedly, the 500 million Hong Kong dollars will be gone. What should he do?

  Zhang Huiming sighed: "Old Zheng, don't get excited"

  ···

  At this moment, Wang Guanxi watched the Hang Seng Index plummet to 19250 at the Heishan Investment Bank, and he was immediately overjoyed.

   "Cool!"

   "It's so cool!"

  There are 700 floating profits in the account, totaling 2.1 billion Hong Kong dollars.

  The net value of the account is as high as 8.6 billion Hong Kong dollars.

  Today, the Hang Seng Index was really strong. It gapped 600 points at the opening, and then dropped by 100 points, making him a profit.

  Wu Zhanhai excitedly said: "BOSS, the Hang Seng Index has fallen so sharply!"

  He also never expected that the Hang Seng Index jumped 600 points directly and opened at 19350. Then, not long after the market opened, it dropped another 100 points and fell to 19250. It fell so sharply.

  The BOSS shorted 60,000 lots of the Hang Seng Index yesterday afternoon, which was a huge profit.

  Wu Hongsheng also said: "This time the Hang Seng Index fell so badly, the famous Hui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities are all expected to sell out, haha"

Yesterday, Minghui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities opposed the Black Shirt Investment Bank and bought the Hang Seng Index. Now that it’s good, the Hang Seng Index has fallen so many points. You can imagine these four companies. How miserable the company is.

  Li Guangyu also said: "These four companies are against us, just looking for death. I heard that they want to buy the Blackshirt Investment Bank, TM. Now we are about the same as buying them."

  Thinking about yesterday that he learned that these gangsters still wanted to buy the Heishan Investment Bank, he laughed.

  Of these four securities companies, two of them have a very strong competitive relationship with Heishan Investment Bank. If Heishan Investment Bank buys them, it would be very good.

  Lu Jianyan also said: “They must have liquidated their positions. They will lose at least 2 billion Hong Kong dollars this time. Haha, let’s see how these guys provoke us!”

  Hang Seng Index has fallen so much, it’s strange that Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu didn’t cry to death.

To be honest, he had a conflict with Jia Baowei’s Baowei Securities. His Koala Financial Group competed with Baowei Securities for a company’s IPO, but it was robbed by Baowei Securities and wasted in vain. Koala Financial Group has a lot of time and energy.

  If the Baowei Securities Co., Ltd. broke out this time, it would be very relieved.

  Guan Zhenyi also said: "Let’s call and talk to them about the acquisition."

  If these four securities companies all suffer huge losses, then we can talk about the purchase price.

  This is Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu. After losing so much money, give them a suitable price. These people will definitely sell the securities company.

  Otherwise, if they compete with the Black Shirt Investment Bank, their living space will be further squeezed, and the commission for a year is not much, and they can't make much money. These four people will definitely be aware of the current affairs.

  Lin Jiyang also said: "Hey, Minghui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities will be ours. How about we call and ask?"

  The combined customer assets of these four securities companies are also quite large, which happened to be acquired by Heishan Investment Bank to expand the customer assets of Heishan Investment Bank.

  Now Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu must be uncomfortable, discouraged, and depressed, right? Then just stop doing finance, sell the company, and change careers.

  Wang Guanxi smiled and said, “Call them and ask if they have any ideas to sell the securities company to us!”

  Currently, the Blackshirt Investment Bank continues to expand its client assets. The larger the size of the client's assets, the better. In the future, the Blackshirt Investment Bank’s commissions will also increase. This brokerage business is very stable and will basically not lose money.

  Of course, if the client's trading volume is small, then the securities department may really lose money.

  However, the probability is extremely small.

  For example, 5 billion customer assets, hundreds of employees, a lot of expenses a year, commission income can not cover the expenses, securities companies naturally lose money.

  But 50 billion customer assets, or 500 billion customer assets, with only 500 employees or 1,000 employees, the expenses are far more than commission income, and the profits of securities companies are very high.

   Immediately Wu Zhanhai called Zhang Huiming. The two knew each other as competitors. They had phone calls,

  The phone was connected soon, and Wu Zhanhai asked Zhang Huiming if he was interested in selling his hand, Minghui Securities Co., Ltd., the price was easy to negotiate.

  Zhang Huiming's tone on the phone is very weak.

  Zhang Wu Zhanhai said a specific price, and said: "Mr. Zhang, what do you think of this offer? You four securities companies, we bought them together"

  Zhang Huiming became silent and wanted to agree, but still wanted a higher price.

  At this time, Feroz Sanhavi, president of the Hong Kong branch of the Imperial Bank of India, said: "Mr. Zhang, please don't rush to agree, think about it."

  This Minghui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities are his prey. How could it be bought by the Heishan Investment Bank, hehe, get out!

Thinking of being humiliated by a young man with sunglasses, Lu Jianyan, Guan Zhenyi, Lin Jiyang and others in Koala International Investment Bank before, he became annoyed and vowed that one day he would blow up the Black Shirt Investment Bank and get the cabbage price back to him s things!

Zhang Huiming then asked Wu Zhanhai on the phone to think about it, but after 5 minutes, when he talked again, Zhang Huiming refused on the phone this time. The other three of Qian Mingyuan, Jia Baowei, and Jin Xu also refused. Very determined, no more talk.

  After finishing the call, Wu Zhanhai said helplessly: "These four guys are not selling, it seems that they are planning to do it again!"

  When I was on the phone just now, Zhang Huiming and others seemed to intend to re-make the Hang Seng Index, just want to make a copy of the Hang Seng Index. He can understand the psychology of gamblers because he was once the psychology of these gamblers.

  Wang Guanxi was taken aback, and smiled: "Are they going to come again?"

  "This is a good thing. If they don't come back, how can they continue to lose money"

  The four of Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu do not continue to do the Hang Seng Index, but honestly do brokerage business. The Black Shirt Investment Bank will have to spend a lot of money to acquire them.

  Now, Wang Guanxi hopes that these four people will borrow money to turn around, and they will lose money by then. Minghui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities are not in hand!

  When these four people are in debt, they have to beg to sell the company

  Now these four people are irresponsible, arrogant and unwilling to sell the securities company. Understand, understand, Wang Guanxi hopes that they will continue.

   Then Wang Guanxi looked at the trend chart of the Hang Seng Index and found that it was supported and started to rise, and soon rushed to the 19350 position.

  Wang Guanxi shook his head, came to the sofa chair, and started to make tea.

  ··

  (End of this chapter)