Rebirth of the Financial Crisis Sweeping the World

Chapter 307: 307 come again 14.6 billion! It's overwh

  Chapter 307, 307, another 14.6 billion! It's overwhelming!

   took a look at the phone, and found that it was an unfamiliar phone number.

   "Who?"

   "A stranger actually has my phone?"

  "Promotional?"

   "Selling?"

  His private phone number is very secret.

   is connected.

   "Mr. Wang, I heard that your Black Shirt Insurance plans to short the HSBC Bank of Hong Kong?" There was a familiar voice on the phone.

   "Are you? Who?" Wang Guanxi suddenly couldn't remember.

  "Sorry, Mr. Wang, I lost my mobile phone and changed to a new number." The man on the phone opened his mouth and said, "I am Schreiber."

  Wang Guanxi smiled and said: "I thought it was a real estate sale before, haha"

  This is the head of Asia of American International Group (AIG), Brian Schreiber, old acquaintance.

  When the black shirt insurance company shorted the shares of Lehman Brothers, I asked AIG to borrow it. At that time, Brian Schreiber also visited the company in person.

  After chatting for a few words, Brian Schreiber said: "Mr. Wang, we at AIG currently have 8 billion Hong Kong dollars worth of HSBC stock on hand. I wonder if you are still interested in borrowing?"

  After AIG was rescued by the US government of US$85 billion, it needed to save itself while also preparing to repay the huge debt of the US government. It is currently selling various assets all over the world.

  Wang Guanxi asked curiously: "Are you not going to liquidate HSBC stocks?"

  Brian Schreiber smiled: "HSBC has a high dividend. We have been holding it for a long time, so we don’t plan to liquidate HSBC’s stock."

   "When I heard that your black shirt insurance company was planning to borrow HSBC stock, I even didn't want to liquidate HSBC stock. Do you want to borrow this 8 billion Hong Kong dollar stock to go short?"

  Because the people in the Black Shirt Group were borrowing HSBC shares to short HSBC Bank, it happened to his ears, and their American International Group also happened to own HSBC shares.

  These stocks were bought in 2000 at a purchase price of 80 Hong Kong dollars per share, and 64 million shares were bought, which are currently worth 8 billion Hong Kong dollars.

  Their AIG Group has also received a lot of dividends over the years.

  Although AIG Group is short of money and needs to save itself, they will not sell off the best assets and core assets.

  And this HSBC stock is a high-quality asset. Of course, they will not sell it, especially if the black shirt insurance company wants to short HSBC, he very much wants to lend the stock to the black shirt insurance company so that he can earn a lot of interest every month.

  Wang Guanxi thought for a while and said: "Brian Schreiber, we are going to be short for a few months. With this interest, how about the 1.2% monthly interest?"

  At present, he is shorting Citibank and Wells Fargo, and now he is shorting HSBC and Bank of America. The sum of the interest is scary.

  Especially the black shirt hedge funds are still shorting the companies under the Hong Alliance, the Huang Consortium, and the Zheng Consortium, and their positions have not been closed.

  This interest is really high.

  Moreover, the Black Shirt Investment Bank also has a debt of US$200 million, and it owes loans from Bank of Baroda, Indian Overseas Bank, and United Bank of India.

  The Indian stared at him.

There is also a loan from Wing Hang Bank. I borrowed 6 billion Hong Kong dollars during the war with the Hong Alliance, the Wong Consortium, and the Cheng Consortium. Then, when I shorted Wells Fargo Bank, I borrowed another 26.4 billion Hong Kong dollars, which is 324 billion Hong Kong dollars. Billion Hong Kong dollars.

  There are also people who borrow the shares of Get Good Financial Group, Taifook Securities Company, Aeon Credit Company, New World Development Group, Sino Land Group··Grand Regal Hotel Group, and have to pay interest every day.

  Wang Guanxi can't count interest anymore, these huge interest expenses.

  Brian Schreiber thought about it. The monthly interest rate of 1.2% is also HK$96 million per month, which is not bad.

   So he said, "Mr. Wang, this is completely okay."

   "How about we have dinner together tonight and then sign the agreement?"

   "Okay, no problem" Wang Guanxi nodded and agreed.

  Evening.

  Wang Guanxi took Huang Shaokai, Zhang Dexi, Wu Zhankun, three horses, and a few lawyers to the Peninsula Hotel, Gaddis Restaurant in Hong Kong.

  Gaddis mainly serves French cuisine. Over the past few decades, although competition among restaurants has become increasingly fierce, Gaddis is still regarded as a gourmet landmark, and its style remains the same.

The restaurant is equipped with a resident band to accompany every night. While listening to the old-fashioned music played by the band, you can enjoy authentic French cuisine or dance with light singing. This Gaddi’s restaurant is one of the few restaurants that can truly put people in the atmosphere of the past. One.

  "It’s been a long time since I had French food"

   "Alternatively let the Imperial Hotel, Hua Hotel specializes in a French restaurant!"

   "Let's go, go in"

  Soon everyone met the head of AIG Group Asia Asia Pacific.

  Tonight Brian Schreiber wears a rigorous formal wear, a blue tie, and two middle-aged men.

   are the chief financial officer of AIA, vice president John Barry Harrison, or Harrison for short.

  AIU Insurance, Chief Financial Officer and Vice President, Garth Jones.

  Both are with Brian Schreiber tonight.

  AIA and AIU are both wholly-owned subsidiaries of American International Group and one of the largest insurance companies in Asia.

  AIG Group holds shares of HSBC through two subsidiaries, AIA and AIU.

  Tonight Harrison and Garth Jones also signed an agreement specifically, and get to know the people of the Black Shirt Group.

   Although the Heishan Insurance Company under the Heishan Group is a small and medium-sized insurance company in the insurance industry, it has a very big name and a strong limelight.

  This black shirt insurance is named after the short-selling listed company, and it also shorted AIG Group, the parent company of AIA and AIU, and made big profits.

  This makes Brian Schreiber, Harrison, and Garth Jones extremely respect and admire.

  It is not that they hate the black shirt insurance company shorting the AIG group, but the owner of the black shirt insurance company has extraordinary courage and extreme judgment, and shorted the AIG group before Lehman Brothers went bankrupt.

  "Mr. Wang, good evening, please sit down!" Brian Schreiber got up as Wang Guan Xinuo's stool.

  "Mr. Wang, hello, this is John Barry Harrison, you can call me Harrison" Harrison paid respect.

  At this moment, his heart is even more shocked. The legendary owner of the black shirt group is actually a young boy about 17 years old, which is simply incredible.

  "Mr. Wang, hello, I am Garth Jones, the vice president of AIU Insurance. I am glad to meet you." Garth Jones' face was also shocked.

   "Hello, I am the boss of the Heishan Group!" Wang Guanxi and others finished their greetings and took their seats.

  "Let’s eat dinner now, and talk while eating"

   "Just agree with me."

  Dinner is very rich, pan-fried foie gras with apples, light lobster curry, white truffle pasta, beef, fresh oysters, stewed eggplant olives, horseradish crisp noodles·· and French champagne Krug.

This white truffle pasta and light lobster curry are both Wang Guanxi’s favorites, and then he said to Zhang Dexi, who is also the chairman of Heishan Hotel Group, “Lao Zhang, remember to go back to the Empire Hotel under Heishan Hotel Group. The hotel specializes in these French dishes"

   "Yes, BOSS" Zhang Dexi nodded quickly.

At this time, Brian Schreiber smiled and said: "Mr. Wang, it turns out that Hua Hotel Group and Asia Standard Hotel Group are all under your Black Shirt Group. Last time I ate in the restaurant of the Empire Hotel, where The Cantonese cuisine is great"

   "Haha, go often if you like"

   Then everyone talked about the financial crisis that broke out in the United States.

  Talking about Lehman Brothers, Washington Mutual Bank, AIG Group, Wachovia Bank, Wells Fargo, Citibank··

  AIG suffered heavy losses after the outbreak of the financial crisis. Now AIG Group’s stock price has fallen to US$20, which is simply horrible.

  If it weren’t for the US government’s loan of $85 billion, AIG Group would go bankrupt after Lehman Brothers went bankrupt.

  At present, American International Group is selling assets everywhere, and in the future, it will sell AIA.

  AIG also has a majority stake in a bank. This bank is called Huntington Bank. It is a small and medium-sized bank in the United States. Wang Guanxi is very interested in this.

   Then he asked: "Brian Schreiber, are you interested in selling a majority of Huntington Bank?"

  American International Group has an absolute controlling stake in Huntington Bank, and Wang Guanxi wants to buy it to facilitate the future deployment of consortia in the United States.

  Brian Schreiber smiled and said: “Mr. Wang, I’m sorry, we do not intend to sell the equity of Huntington Bank”

"okay then"

  Then everyone talked about the Hongkong and Shanghai Banking Corporation.

  Brian Schreiber, Harrison, and Garth Jones are very unsightly for the black shirt insurance company to short the Hong Kong and Shanghai Banking Corporation.

  Of course, the black shirt insurance company had better go short for more than half a year and then liquidate its position. In that case, their AIG Group would earn more interest.

  "Mr. Wang, let's sign the agreement"

  Now Brian Schreiber is afraid that Wang Guanxi will return.

  And Wang Guanxi also cheerfully signed an agreement with Brian Schreiber.

  The black shirt insurance company borrowed 64 million shares of HSBC from AIG this time, worth 8 billion Hong Kong dollars, and the monthly interest was 96 million Hong Kong dollars.

   "Happy cooperation!"

  "Happy cooperation, Mr. Wang"

  The two shook hands.

   Suddenly a voice came.

   "Brian Schreiber!"

   "Haha, long time no see!"

I saw a middle-aged man with neat blond hair standing up from the dining table next door. He is the newly appointed Asia Pacific president of Legg Mason Group's Hong Kong branch, named Dusty Franco, this time with American Fidelity Investment group talks about cooperation.

   "Dusty Franco!"

  "Long time no see, why have you come to Hong Kong?" Brian Schreiber also greeted warmly.

  Dusty Franco smiled and said, "I just came to take office!"

  At this time, two men stood up again, and they were Andre, the president of the Hong Kong branch of Fidelity Investment Group of the United States, and Si Xiuliang, the vice president.

The Black Shirt Group and the American Fidelity Investment Group also have intersections. The Black Shirt Insurance Company once sold a lot of stock assets to the American Fidelity Investment Group to cash in cash. When it shorted the companies of the Hong’s Alliance, Black Shirt Insurance also asked the United States. Fidelity Investment Group borrowed stocks.

  Everyone gave a brief introduction and found a box to drink tea.

When Wang Guanxi learned that Legg Mason Group and American Fidelity Investment Group also owned the shares of HSBC in Hong Kong, he suddenly said: "Dosty Franco, Andre, I intend to borrow from you Legg Mason Group, American Fidelity Investment HSBC stocks in the hands of the group!"

   "It's worth 6 billion Hong Kong dollars!"

  Fidelity Investment Group's Andre, Si Xiuliang was shocked.

   And Dusty Franco took a breath and asked, "Mr. Wang, are you going to short the Hong Kong Bank HSBC?"

   "Well, yes, I borrowed a lot from AIG Group just now"

  "Monthly interest 1.2%"

  Dusty Franco thought for a few seconds, and then said: "1.2% monthly interest is also OK, I'll call and ask our chairman Bill Miller."

"it is good!"

  Following Dusty Franco’s phone call to the chairman Bill Miller, the other party agreed to borrow it.

   is just 53 million shares, worth 6.625 billion Hong Kong dollars!

  The black shirt insurance can only provide 6 billion margin, but it's okay.

  Then everyone signed the agreement again.

  Andre and Si Xiuliang were entangled.

  Si Xiuliang asked: “President, why don’t we borrow? Don’t we have 150 million shares of HSBC in our hands? It’s perfectly fine to lend 50 million shares to Black Shirt Insurance.”

  This is a business, and HSBC’s stock is very stable and its dividend is very high. It is very popular in the stock market.

  Andre said: “Because of the financial crisis, many customers are redeeming assets recently, and HSBC’s stock is easy to cash out, so we will not borrow it for the time being.”

   Soon the black shirt insurance company and Legg Mason Bank signed an agreement.

  HK$6.625 billion worth of stocks, with monthly interest of HK$79.5 million

   "The faster the cooperation!"

  "Happy cooperation, Mr. Franco"

  The two shook hands.

  At 9 o'clock, the game ended.

  Wang Guanxi and others returned to the headquarters of the black shirt insurance company.

  In total, the black shirt insurance company borrowed 32.625 billion Hong Kong dollars worth of stocks, and the monthly interest was as high as 390 million Hong Kong dollars.

  Huang Shaokai asked: "BOSS, when the Hong Kong stock market opens tomorrow, shall we short HSBC?"

   Zhang Dexi said: "These Indians will definitely stop us."

   Wu Zhankun also said: “But Lajuslov of Indian Overseas Bank didn’t know that we borrowed 260 million shares of stock. This time we can come by surprise.”

  Wang Guanxi thought for a while and said, “Be steady this time, don’t worry, let’s see how HSBC’s stock price goes!

  Now that Wang Guanxi has shorted so many listed companies and borrowed so many stocks, the interest required is very huge.

  There is also a huge debt, Wing Hang Bank 32.4 billion Hong Kong dollars, India's three major banks 200 million US dollars.

  If something unexpected happens to short-selling, then the black shirt consortium that Wang Guanxi has finally established will be wiped out in an instant.

  "This time it’s big, you must be careful."

  At this moment, Wang Guanxi couldn't help being nervous and worried.

   "This time we lose once, then the Black Shirt Group will be over!"

  Now I have borrowed most of the debts. If the ship accidentally capsizes, the Black Shirt Consortium will be over immediately, and Wing Hang Bank will be pulled into the abyss.

  If Wing Hang Bank is finished by then, Feng Shaokun is expected to kill himself.

  It’s really overwhelming to do it this time.

  Moreover, the Indian TM is particularly confident. It is the Indian Overseas Bank, which has a lot of spare money. I don’t know how much money Lajuslov of the Indian Overseas Bank will mobilize to work in the black shirt insurance company.

   "It's the BOSS!" Everyone is also quite nervous, feeling like a big rock is pressing on them!

  The atmosphere in the headquarters was somewhat suppressed and suffocated.

  Wang Guanxi opened the stock price chart of HSBC and watched it for a long time.

   "I am optimistic about the opportunity tomorrow, ready to do it!"

  (End of this chapter)