Chapter 289 289 Stake on what can be done! dry! dry!

   After chatting for a while, after finishing the phone call, Wu Zhanhai said to Wang Guanxi: "BOSS, that Zhang Huiming said he wants to buy our Black Shirt Investment Bank."

  This time, Minghui International Securities Co., Ltd. must have bottomed out the Hang Seng Index. It seems to be very confident and proud.

  It seems that he is about to make a lot of money, and then he really buys the black shirt investment bank.

  Actually, it doesn’t take much money to acquire Heishan Investment Bank, because the money earned by Heishan Investment Bank acquired a trust company and formed Heishan International Trust Company.

  Currently, the Black Shirt Investment Bank also has 800 million Hong Kong dollars in liquidity and customer assets of 90 billion Hong Kong dollars, which is worth less than 2 billion Hong Kong dollars.

  Wang Guanxi smiled and said: "Okay, let him buy the Hang Seng Index a lot, maybe the Hang Seng Index skyrocketed by thousands of points, they will have a chance."

  This time, Minghui International Securities Co., Ltd. made a dip in the Hang Seng Index. It is estimated that the dip was done just before the close of the market, right?

  No wonder so confident.

  However, the Minghui International Securities Company and Heishan Investment Bank will definitely eat it.

  "Let Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu jump for a while"

   "By the way, don't stop digging their big customers, don't stop robbing them of their investment banking business"

  "Yes, BOSS" Wu Zhanhai nodded seriously.

After Wu Zhanhai left, Wang Guanxi leaned on the sofa and thought.

  There is no doubt that the U.S. stock market will open sharply tonight.

  At present, the Black Shirt Investment Bank still has 800 million Hong Kong dollars in funds. Wang Guanxi intends to buy the bottom of the Midland Bank after the US stock market plummeted tonight.

   Then he opened the stock price chart of Midland Bank, as well as the public financial statements, and some information.

   Headquartered in Charlotte, North Carolina, Midland Bank is the sixth largest bank by assets in the United States. The stock price closed at $10 per share on Friday, and its current market value is approximately $21.6 billion.

  Under the impact of the current Wall Street financial turmoil, since the beginning of this year, the stock price of Wachovia Bank has fallen by 74%.

   Last Friday, affected by the news that Washington Mutual Aid Bank was taken over by the government and the US government’s $700 billion rescue plan was blocked in Congress, Wachovia’s stock price fell 27% on Friday, September 26.

  Now Midland Bank is everywhere and is negotiating mergers and acquisitions with Citigroup, the largest bank in the United States by assets.

  In addition to Citi, Wachovia’s contacts also include Spain’s largest Spanish international bank and the fourth largest US bank by assets, Wells Fargo.

  At present, the Midland Bank is a hot potato.

  The financial report of Midland Bank shows that it reported a quarterly loss of 9.11 billion U.S. dollars this time.

  The main burden that drags down Midland Bank is its US$122 billion adjustable-rate housing mortgage options.

  In 2006, when the real estate bubble in the United States reached its peak, Midland Bank acquired the California-based mortgage lender Golden Western Financial Corporation for US$24.2 billion.

  At the same time, it received most of the adjustable-rate housing mortgage options held by the latter.

  The good times are not long. With the bursting of the US real estate bubble and the surge in loan defaults and outages, the value of these high-risk mortgages has rapidly shrunk.

  This investment brought about 14.4 billion U.S. dollars in losses to the bank.

  Washington Mutual Bank has gone bankrupt, and the predicament of Midland Bank is similar to that of Washington Mutual Bank.

  Because the two have similar mortgage-related risk exposures.

  As risks continue to be exposed, these “poison assets” may cause more losses to Midland Bank.

  However, Midland Bank has not been driven into desperation yet, it can at least look forward to the government rescue plan.

  Like many other U.S. banks that hold “poison assets,” Wachovia is eagerly waiting for Congress to pass the Bush administration’s $700 billion rescue plan as soon as possible.

  Once the plan is passed by Congress, Midland Bank will become one of the main beneficiaries.

  It’s a pity, now the $700 billion rescue plan has become a temporary agreement of $250 billion, and we still have to vote.

  Tonight, you can imagine how badly the stock price of Midland Bank will fall.

  In the future, Midland Bank will be acquired by Wells Fargo at a premium. Wang Guanxi intends to buy the bottom after Midland Bank’s stock price drops to **** tonight.

  Just do it.

   Immediately, Wang Guanxi asked the black shirt investment bank to convert the remaining 800 million Hong Kong dollars into U.S. dollars, for a total of 103 million U.S. dollars.

   "This Wachovia Bank will definitely have a big dive after the opening of the US stock market tonight. The bottom hunter must be copied accurately. Don't copy the wrong position of TM."

  When the U.S. stock market closed last Friday, the stock price of Wachovia Bank was at $10.00 per share. Tonight is definitely a big dive, and I don’t know where it dived.

  Thinking about it, Wang Guanxi called Lu Jianyan, and said, “Mr. Lu, call Feroz Sanhavi of the Imperial Bank of India and say that we want a mortgage loan of US$200 million from the Black Shirt Investment Bank.”

   103 million US dollars is still a bit less, and another 200 million US dollars is suitable.

  Of course, it exceeds 300 million US dollars, or if it is too much, it exceeds the capacity of Wachovia's stock.

  After all, when the stock price of Midland Bank plummeted and the market value plummeted, the market value was also very, very low, and the proportion of 300 million US dollars was very large.

  Originally, the 200 million US dollars can be asked for loans from Wing Hang Bank, but now Wing Hang Bank’s liquidity is running low, and we have to prepare a huge loan of 20 billion Hong Kong dollars for Wang Guanxi.

  After the black shirt insurance company closes its position on American International Group, the loan from Wing Hang Bank will be issued.

  So Wang Guanxi plans to borrow from other banks.

  The easiest way to get a loan is nothing more than the enemy. Mortgage the black shirt investment bank in the past, tsk tsk, satisfy the enemy’s wants.

   "Yes, BOSS" Lu Jianyan immediately complied.

   Soon the call came to Feroz Sanhavi, Asia Pacific President of Indian Imperial Bank.

  The other party refused the loan.

  Because Feroz Sanhavi believes that the Black Shirt Group suddenly came to mortgage the Black Shirt Investment Bank to ask him for a loan. If this happens, there must be a demon.

  It must have been a major crisis in the Heishan Group, so it stopped taking loans.

  He just wanted to wait for the completion of the Heishan Group, how could it be possible to loan you to tide over the difficulties? This is not nonsense.

  Lu Jianyan couldn’t help but asked, “Mr. Sanhavi, don’t you really want the Black Shirt Investment Bank and the Black Shirt Insurance Company?

  Why not take a loan?

  Maybe our capital flow is broken, you can take away the Black Shirt Investment Bank and Black Shirt Insurance Company."

  Feroz Sanhavi laughed as he listened, and the black shirt group really had a problem with outflow of funds.

   Then he said in a high tone: "Mr. Lu, you know, I don’t like to pity beggars."

   "You must be in a crisis now, right?

  Hurrying to tide over the difficulties with our Imperial Bank of India loan, this is impossible"

  "I’m waiting for you to go bankrupt and go bankrupt. Then it’s good to buy your assets cheaply.

  Why do you want to lend to you? "

  Lu Jianyan responded: “We need to operate a stock, but we are short of funds, Feroz Sanhavi, you can’t imagine the strength of our Black Shirt Group”

  The book value of the black shirt hedge fund is nearly 10 billion Hong Kong dollars, and the book value of the black shirt insurance company is more than 10 billion Hong Kong dollars.

  After the position is closed, the principal plus the profit, the cash flow is at least nearly 40 billion Hong Kong dollars, or even more.

  Feroz Sanhavi can’t believe how much cash flow the Black Shirt Group will have after closing the position!

  Currently, the Black Shirt Investment Bank still has $103 million in cash, and intends to buy the bottom after the stock price of Midland Bank plummeted tonight.

  But 103 million US dollars is too little, so a loan is needed, and Feroz Sanhavi actually thinks that the black shirt group has an outflow of funds.

  I don’t know anything about the Heishan Group, but that’s fine.

  I thought that the opponent would borrow money and then continue to do it, but he did not expect that the other party actually thought that there was a problem with the outflow of funds from the Black Shirt Group.

   also claimed to wait for the completion of the Heishan Group and to purchase the assets of the Heishan Group at a low price.

  Feroz Sanhavi laughed and said, "Mr. Lu, don't hide it. People from the Black Shirt Group speak like farts.

  Okay, I’m going to have afternoon tea with my friends. You want a loan. Find someone else. Don’t find our Imperial Bank of India. I won’t lend money to beggars.”

  In fact, he has some ideas, but unfortunately he does not plan to lend to the Heishan Group.

  Because that is undoubtedly helping the Heishan Group, no matter whether the Heishan Group is in a situation where the flow of funds is broken, he will not take a loan.

  Of course, he also wants the Black Shirt Investment Bank and the Black Shirt Insurance Company to put them in his pocket.

   But he was worried that after borrowing money to let the Heishan Group, the Heishan Group eased the problem of capital flow.

  In addition to the recent financial crisis, their Imperial Bank of India is also tightening loans, and he will not lend so easily.

  Especially how much is the Black Shirt Investment Bank worth?

  Loan 200 million dollars?

   Nonsense, right?

  A loan of US$200 million requires a mortgage of at least US$400 million in assets.

  Is the Black Shirt Investment Bank worth $400 million now?

  Does this Lu Jianyan treat him as a fool?

  Especially the black shirt insurance company also mortgaged to the Indian pension, want to double mortgage?

  Talked and ended the call.

  Feroz Sanhavi sits down and drinks tea with three friends, all of whom are not small.

  Anand Mahindra, President of Asia Pacific, Bank of Baroda, India, has a beard, black and white.

  Asian President of Indian Overseas Bank, Lajuslov, wearing a pair of big red glasses, looks very unique.

  The Asia Pacific President of United Bank of India, Gilayu Amin, has long curly hair and a very yellow skin.

  Feroz Sanhavi was present with a fair complexion, no beard, and a flat head.

  Anand Mahindra, Rajuslov, and Gilayu Amin are also big families from India, and they are very powerful in India.

  Currently in the era of economic globalization, all major families in India are globalizing their business empires.

  Anand Mahindra of Baroda Bank of India touched his black and white beard, and asked curiously: “Feroz Sanhavi, those Chinese people want to borrow 200 million US dollars?”

  Feroz Sanhavi nodded: "Yes, but I didn’t give them a loan."

  Lajuslov of the Indian Overseas Bank lifted his big red glasses and asked, “Blackshirt Investment Bank and Blackshirt Insurance Company are very good companies.

  Perhaps you can give these Chinese people a loan, then find a way to stop them, and finally pick the fruit"

  Feroz Sanhavi smiled and said, “I think too, but if I give them a loan, I’m helping them.

  I don’t want to lend to them. Although they say that the mortgage assets are coming, I prefer to see them fall into despair with no money.”

  Thinking about it, he continued: “This Huaxia guy seems to be planning to operate a stock, but the money is not enough and I don’t know if it’s true.”

Gilayu Amin of United Bank of India rubbed his long curly hair and asked, “Feroz Sanhavi, I think it’s true. In fact, you lend them to them, and then we put Chinese people in the financial market. Just blow it up.

  This way, black shirt investment banks and black shirt insurance companies can all be included in the bag? "

  Feroz Sanhavi was taken aback, and then said: “Maybe you can lend to them and let them mortgage the company to you, and then our Imperial Bank of India will blow them up in the financial market.

  We made money, but you took away their company’s assets, how? "

  Anand Mahindra, Rajuslov, and Gilayu Amin heard it, and suddenly felt very reasonable.

  Then the three of them count together, and it’s a hit.

  "Aren’t this Huaxia people eager for loans?

  Let them take all their assets as collateral, and see if these Chinese people dare to! "

   "What if they are counselors?"

   "If the Huaxia people do counseling, it really disappoints us.

  I hope that they will not be a counselor and will mortgage all the assets that can be mortgaged! "

  Feroz Sanhavi then contacted Lu Jianyan of the Blackshirt Investment Bank.

  Loan 200 million US dollars to Heishan Investment Bank, on the condition that Heishan Investment Bank has 100% equity and Heishan International Trust Company has 70% equity.

  There is also the Heishan Hotel Group and Heishan Leasing Holding Company all mortgaged.

  Feroz Sanhavi bluntly said to Lu Jianyan: “Don’t you want a loan of 200 million US dollars?”

   "Now I have a chance for you!"

   "That is to mortgage all the unsecured assets of your Heishan Group. In a word, dare you?"

   "If you want 200 million US dollars, you can mortgage all the assets that can be mortgaged, dare you not to be a counselor?"

   "I know you are all there, so I will give you 20 minutes to think about it"

  ··

  Black Shirt Investment Bank, Lu Jianyan asked: "BOSS, the Indians want us to mortgage all assets that can be mortgaged"

  Currently, the black shirt insurance company has already mortgaged the private pension in India, but after the black shirt insurance company liquidated the position, it was released.

  Now there are Heishan Investment Bank, Heishan Hotel Group, Heishan Leasing Holding Company, Heishan International Trust Company, which can be mortgaged. Of course, Heishan Legal Company, Indians don’t want it.

  "They are going to kill us this time. If they lose, they will have to be taken away by the Indians!"

  "This loan is from Baroda Bank of India, Indian Overseas Bank, United Bank of India"

  "Then mortgage, put all the money you can bet on! Go! Go!" Wang Guanxi agreed without thinking about it!

  Isn’t that 100% equity of Heishan Investment Bank, 70% equity of Heishan International Trust Company, Heishan Hotel Group, Heishan Leasing Holding Company are mortgaged to Bank of Baroda, Indian Overseas Bank, and United Bank of India!

  (End of this chapter)