Rebirth of the Financial Crisis Sweeping the World

Chapter 388: 388 No name but 40 million shares!

  Chapter 388: 388 Nobody, only 40 million shares!

  Wang Guanxi was very happy looking at the net value of the account in the No. 2 Fund, and jumped slightly excitedly.

  This time bargaining is very profitable. It is more profitable than shorting. After all, long-term shorts cannot make more than double the money, and longs can make more than 100% of profits because of the skyrocketing stock price.

   And this time I made a profit of 92.5%.

  "This bargain hunting is quite perfect"

  "BOSS, this operation is done in one go"

   "This is also thanks to the situation cooperation"

   "Yes, perfect operation"

  When Citibank’s stock price plummeted before, it decisively liquidated its position and then decisively hunted down the bottom. Now it decisively liquidates its position in one go without the slightest drag.

   “BOSS, Citibank’s stock price is now at $70 per share, and the longs in the market are still very strong. Are we going to be short here?” Huang Shaokai pointed to Citibank’s stock price chart.

  Currently, Citibank’s stock price is at $70 per share, which is quite strong, and it seems that it can be shorted.

  Wang Guanxi thought for a while and said: "Let’s borrow stocks."

  This Citibank’s stock may have rushed to $80 per share. First borrow the stock and go short according to the situation.

  "Yes, BOSS" Then everyone began to borrow stocks.

  The call soon reached the Indian private pension.

  And when Nehru heard that Wang Guanxi wanted to borrow shares of Citibank, he was taken aback.

  Isn't this black shirt group long in Citibank?

  Before, the Heishan Group was frantically buying the bottom of Citibank, but now it turns around to sell short?

  What the **** is this TM!

  Capricious!

   Then Nehru wants to talk to Wang Guanxi on the phone in person.

  Wang Guanxi bluntly said: "Nehru, you heard that right, I am going to short Citibank"

   Nehru asked puzzledly: "Didn’t you just finish bargaining? Do you want to be empty now?"

  Why did Wang Guanxi suddenly turn around and short Citibank?

  He still couldn't turn the corner for a while, feeling Wang Guanxi's head was dripping with water?

  Wang Guanxi smiled and said: “Yes, I am going to empty Citibank now. Isn’t your Indian private pension plan to hold Citibank stock for a long time?”

   "Lend it to me, you can still get a little interest income!"

  When Wang Guanxi shorted Citibank for the first time before, he asked India’s private pension fund to borrow 5 million shares. At that time, Citibank’s stock price was more than US$200 per share, valued at US$1 billion.

  Then the No. 2 Fund shorted Citibank and earned US$860 million and paid more than US$50 million in interest on Indian private pensions.

  The 50 million dollars is not a lot.

  It is also 387 million Hong Kong dollars.

  It’s not bad that the Indian private pension, which has suffered heavy losses, has gained some interest income.

  After all, private pensions in India are long-term holdings, and apart from dividend income, there is no additional income. Of course, if the stock price keeps rising, the assets will still increase.

  Fearing that the stock price will fall, assets have been shrinking.

Nehru said, "No problem. I will lend you. Our Indian Pension currently holds 10 million shares of Citibank. We lend you all. The interest is 1.5% per month. Anyway, the interest is more than the bank loan. High, that’s 18% interest in one year.”

This interest is 1.5% per month, 10 million shares, valued at 700 million U.S. dollars, and the interest in one year is 126 million U.S. dollars, which is much higher than dividends. Just like loan sharks, you need to know the return on investment for one year. 10% is very good.

  The 18% interest income is simply not too good.

  He hopes that Wang Guanxi can be short for more than a year, anyway, he just lay down and earn interest.

   "Hehe, you'd better be short for more than one year, I hope you don't lose too much, don't have money to pay interest"

Wang Guanxi smiled: "Nehru, hehe, it's just a small interest. I earn so much money. This interest is really nothing. Don't worry about it. I made $1.665 billion on the previous bargaining. What do you think? Would I care about this little interest?"

When Nehru heard this, he was jealous.

  This Wang Guanxi actually made 1.665 billion US dollars by bargaining before!

  Hateful!

  He also increased his holdings of 5 million Citibank stocks before. Adding the original 5 million shares, he currently holds 10 million shares, with an average position of US$96 per share.

  The book loss per share is 26 US dollars, which is a floating loss of 260 million US dollars, which is a decrease of 266 million US dollars from the previous floating loss of 525 million US dollars.

  His decision to increase Citibank’s holdings was very correct, and the average position was reduced.

  As long as Citibank’s share price rises above US$96 per share, the book of Indian private pensions will change from a floating loss to a floating profit!

  It's almost $26, which is very fast.

  Thinking of this, Nehru said, "Wang Guanxi, don’t be proud, don’t you Huaxia have a word,"

   "I wonder if you have heard of it?"

  Wang Guanxi smiled: "Tell me about it"

   Nehru also smiled: "Nine bulls don’t boast a bit, proud and complacent will overturn the car, I think if you continue like this, you must be not far from the overturning."

  Wang Guanxi smiled and said: "I overturned the car, that's complacency! You are jealous"

  "I'm never jealous of anyone!" Nehru smiled: "By the way, I can tell you the good news. The Saudi Prince Alwad of the Middle East will increase his holdings of Citibank stock. I hope you will not be blown up."

  "Saudi Prince Alwad?" Wang Guanxi was taken aback.

   Nehru said: "Well, Saudi Prince Alwad has the name of "Buffet of the Persian Gulf", you should have heard of it."

   "I haven't heard of it," Wang Guanxi said.

   "Young man, you still don't know anything about the world" Nehru said.

  Wang Guanxi opened the mouth and said: "What Persian Gulf Buffett, it's just an unknown person like you."

  Nehru was very unhappy in his heart. This Wang Guanxi actually said that he was an unknown person?

  TM, he is at the helm of the future private pension in India, a well-known Indian investor, and a consortium intends to recruit him as his son-in-law!

   "Hehe, do you arrange for someone to come, or do I arrange for someone to come?"

  "I will arrange for someone to go there," Wang Guanxi said.

  After finishing the call, Wang Guanxi arranged for the legal team to sign the agreement.

  Then the call went to Sundeep Batra of the Indian Industrial Trust and Investment Bank.

  Sundep Batra was also very surprised on the phone and asked: "Wang Guanxi, are you going to turn around and short Citibank?"

  Before, this black shirt group also advertised in the media that Citibank’s stock price has skyrocketed, and it also made a lot of bottoming. Now it turns around to short Citibank?

  Is this TM sick?

  At this time, Wang Guanxi said: "Yes, that's right, I just want to turn around and short Citibank!"

  Sundep Batra: "You are really capricious. You shorted Citibank before, then bought Citibank, and now you short Citibank. I want to see what you can do with the Black Shirt Group."

  This Wang Guanxi is messy and capricious. He likes to toss and spread rumors in the news media.

  At that time, you can take the opportunity to attack the credibility of the Black Shirt Group.

  Wang Guanxi: “There are more tricks, don’t your Indian Industrial Trust and Investment Bank have shares in Citibank?”

  When Wang Guanxi shorted Citibank stock for the first time before, the Indian Industrial Trust and Investment Bank came to block it. It seemed to have bought 6 million shares. I don’t know if Sundeep Batra has closed his position.

  Sundep Batra: "There are, there are many."

  This time, he also increased his holdings of 6 million shares of Citibank, plus the original 6 million shares held by the Indian Industrial Trust and Investment Bank, for a total of 12 million shares.

  The average position to open a position is 127 US dollars per share, and the current Citibank stock price has risen to 70 US dollars per share.

  Floating loss per share is 57 USD, and the overall floating loss is 684 million USD.

  It should be known that the highest loss on the books before was as high as 1.1 billion U.S. dollars, and now the floating loss has been reduced by 416 million U.S. dollars.

  He is very correct to increase his holdings of Citibank by 6 million shares.

  Just waiting for Citibank’s stock price to continue to rise.

  Wang Guanxi wants to empty Citibank?

Ha ha.

   Then he asked: "Do you think Citibank's stock price can't rise?"

   "Of course, otherwise, why should I go short" Wang Guanxi said.

  Sundep Batra: "Hehe, I'm still very optimistic about Citibank stocks, take it for more than ten years!"

  Wang Guanxi asked: "Since I have held shares for more than ten years, dare I borrow stocks?"

  Sundep Batra smiled and said: "You gave me interest in vain, I am eager, I hope you keep short, keep giving me interest, don't be blown up by the Persian Gulf stock god!"

  Wang Guanxi: "Persian Gulf stock god??"

  Sundep Batra: "You don’t even know the Persian Gulf stock god? That is the Saudi prince, Alwad!"

   Then he said contemptuously: "Hehe, Wang Guanxi, how did you mix up in the world? In Hong Kong, this tiny place..."

Wang Guanxi interrupted and said, "You are so bad in Hong Kong, a small place, don't lose money. You see how much money you have lost? Your investment ability is extremely poor. You should go back to the Indian ditch to farm. , It’s okay to grow cotton"

   "By the way, when I arrange for someone to sign the agreement in the past, don't you stop me from being short again, and then I will lose money again, please ask me to settle the stock with you"

Sundeep Bartra’s inner scars were uncovered by Wang Guanxi. He was immediately depressed, breathing quickly, and smiled sinisterly: "Wang Guanxi, don’t worry, I won’t reveal the news that you short Citibank. , I promise with my character that I will not stop you either"

  Wang Guanxi didn’t expect this guy to be so shameless and hypocritical, and said: "Okay, haha, I believe in your ‘character’, don’t cheat your friends"

"Haha, then you arrange for a lawyer to come over, the old interest rate, 1.5% per month, I wish you a happy short short." After Sundep Batra finished the call, he immediately started calling and sent the news that the Black Shirt Group would short Citibank Reveal it.

  He does not plan to raise funds to block Wang Guanxi this time. After all, he has increased his holdings by 6 million shares before. This time he will let other institutions block the Heishan Group.

  As long as Citibank’s stock price rises slowly, it’s fine or steady.

  This time, Wang Guanxi lent 12 million shares, 70 US dollars per share, which is also 960 million US dollars, which is 14.4 million US dollars per month.

  It is also 110 million Hong Kong dollars. This year, that is also 1.3 billion Hong Kong dollars in interest.

  Why not take such a high interest rate?

  He wished that Wang Guanxi went short, wishing that Wang Guanxi kept going short.

  He has always held shares of Citibank. He doesn’t believe that Citibank can go bankrupt?

  The annual interest of HK$1.3 billion this year is much higher than bank loans and dividends!

  Of course, Wang Guanxi is just going to be short for a month, and there is also an interest of 110 million Hong Kong dollars a month.

  This kind of income is simply safe.

  After talking to Baroda Bank of India, Overseas Bank of India, Union Bank of India, and Imperial Bank of India, these four financial giant banks are not interested in increasing their holdings of Citibank.

  He had no choice but to contact Tata Tata. Currently Ratan Tata is discussing business in the Middle East, which seems to be in Saudi Arabia, so the call went to Ratan Tata.

  And Saudi Prince Alwad is also eating herbal shredded cheese with Ratan Tata.

  Ratan Tata asked Sundeep Batra on the phone, "What's the matter?"

   Then Sundeep Batra briefly talked about it.

  Ratan Tata learned that Wang Guanxi was going to vacate Citibank, and quickly said to Prince Alwad beside him: "Prince Alwad, you now have a good opportunity to increase your holdings of Citibank."

  ··

   and the center of the black shirt.

  Wang Guanxi said to the horses: "I have borrowed 22 million so far, and then I will borrow it again to make up more than 40 million shares."

  This time, India’s private pension fund borrowed 10 million shares, and the Indian Industrial Trust and Investment Bank borrowed 12 million shares. 22 million shares have been collected, but it is not enough.

  Wang Guanxi’s No. 2 Fund has 3.465 billion US dollars, and these 22 million shares are worth 1.54 billion US dollars.

  "Yes, BOSS" the horses continued to borrow.

  The next day, January 7, Wednesday.

9:00

  Wang Guanxi’s Ma Zai contacted the CEO of Public Bank Malaysia, Zheng Yufei, the son of a wealthy Malaysian, and asked him to borrow shares of Citibank.

  Zheng Yufei planned to borrow, but the defeated Hong Tianwen of the Heishan Group stopped him.

Hong Tianwen said: "Yu Fei, this Wang Guanxi wants to short Citibank, maybe this Citibank will grow less and less in the future, or even turn around and fall, we think we can withdraw, this time we are buying Citibank for It's just a wave of quick money, there is no need to continue holding it, we will withdraw if we make money!"

  Zheng Yufei asked: "Retreat tonight?"

   Hong Tianwen said: "This Middle East Persian Gulf Buffett intends to increase his holdings of Citibank, let Wang Guanxi fight with this Persian Gulf Buffett"

  "If the stock price rises, we will continue to hold it. If the stock price drops below $70 per share, we will liquidate Citibank."

  Zheng Yufei nodded: "You make sense, then don't borrow stocks."

   Then Zheng Yufei rejected the people from the Heishan Group.

  Black Shirt Group, in the trading room, Bai Weiqiang said: "BOSS, Zheng Yufei does not lend us stocks"

   "What, don't borrow?" Wang Guanxi was taken aback, and said: "This little grandson does not borrow, and he does not appear to be a long-term shareholder of Citibank."

  Zheng Yufei is the CEO of Public Bank Malaysia, the son of Malaysia’s wealthy Zheng Hongbiao, and heir to the family. He has the ability and vision.

  Zhang Dexi said: “This time, Public Bank of Malaysia may want to sell Citibank’s stocks and come to fish in troubled waters?”

   Wu Zhankun also said: “They know that we are going to short Citibank, maybe they are planning to take the opportunity to sell stocks!

  Wang Guanxi nodded: "It's true, but it's okay!"

  At this time, Huang Shaokai walked over and said: "BOSS, Indonesia Central Asia Bank also has shares of Citibank."

  "The former chairman of Taifook Securities, who was defeated by me, Lin Yongfu is currently at Bank Central Asia in Indonesia. He has remarried with his ex-wife Huang Fengling and has become the son-in-law of the richest man in Indonesia."

Lin Yongfu, the former chairman of Taifook Securities Company, is a member of the Hong Family Alliance. After being defeated, he left Hong Kong and went to Indonesia. He remarried with his ex-wife Huang Fengling, who is the youngest daughter of Indonesia’s richest man Huang Huizhong. She has just been promoted to Indonesia. President of the Asian Bank.

  This Lin Yongfu turned over again with his wife. It seems that he is still a strong combination of the husband and wife complementing each other. Recently, the couple has made a lot of money in the financial market.

   "Oh. Hehe, that's fine, okay, no wonder you have been having trouble with us!" Wang Guanxi continued, "Call them and ask them to borrow stocks to see if they are greedy for 1.5% interest per month!"

  "Yes, BOSS" and then the phone call to the office of Huang Fengling, president of Indonesia Central Asia Bank.

Huang Fengling wants 1.5% interest per month and intends to lend Citibank’s stock to the Black Shirt Group for short. After all, this 1.5% interest per month will be 18% interest after one year, which is compared to the interest of bank mortgages. It's still high.

  This is a very worthwhile business.

  But her husband Lin Yongfu, who had just remarried, stopped her.

  Huang Fengling asked: ‘Why don’t you borrow, you can get 18% interest every year, which is higher than the loan issued by the bank. What's your reason? ’

  Lin Yongfu: "Fengling, we are following the trend to buy Citibank this time, just to make quick money. Do you plan to hold it for more than ten years?"

  Huang Fengling shook his head: "This is not true."

Lin Yongfu: "That's it. We just make quick money. It doesn't make any sense to become a shareholder of Citibank. In addition, Citibank has been losing money, and dividends are definitely gone. The room for future stock price increases is limited. We are making quick money. Yes, it’s better to clear the stocks now. The real money is the money that is floating in your hands!"

   "Otherwise, if the stock price turns and falls, our profit on the book will be gone."

  Huang Fengling felt that it made sense, she went on to say: "You are right, I was almost greedy for the high interest rate, forgetting that I was here to make quick money."

   "I will reject the people from the Black Shirt Group"

   "By the way, when do you think we should clear the position?"

  Lin Yongfu said: “Isn’t Alwad, the Saudi prince of the Middle East, intending to increase his holdings of Citibank’s stock? When he pulls up, we will take the opportunity to clear the position.

  Huang Fengling: "Well, this time the Heishan Group intends to short Citibank, we will spoil their good deeds."

  ··

  Black shirt center, in the trading room.

  Wang Guanxi: "Huang Fengling, this woman doesn't borrow stocks?"

  Huang Shaokai: "Yes, Boss, she doesn't lend it. It should be Lin Yongfu who is by the side but said she shouldn't lend it to us."

  Zhang Dexi said: “I can’t do anything for Indonesia Central Asia Bank. I thought she would borrow it.”

I originally planned to borrow the shares of Citibank in Indonesia’s Central Asian Bank and then short Citibank. If the stock price of Citibank continues to fall in the future, Indonesia’s Central Asian Bank will not be able to sell the stock because it has been loaned to the Black Shirt Group. To close a position, you have to wait for the Heishan Group to close the position first, buy back the stock from the market and return it to them!

   Wu Zhankun also said: "This Huang Fengling, Lin Yongfu, the couple are really cautious"

  Wang Juehao: "Their couple should make quick money"

  Bai Weiqiang: “After they knew that we were going to short Citibank, they were definitely planning to liquidate Citibank’s stocks. Maybe this time we will be bad things for Indonesia Central Asia Bank.”

  Wang Guanxi pondered for a moment, and said: “Not only Indonesia Central Asia Bank, but also Malaysia Public Bank, it’s all bad for us.”

  "But this stock has to be borrowed. Keep calling and ask various financial institutions to borrow."

  "Yes, BOSS" everyone will do it right away.

   Then he contacted American International Group and Legg Mason Group.

  American International Group and Legg Mason Group are old friends. This time, Wang Guanxi could not borrow shares of Citibank from Public Bank Malaysia and Bank Indonesia Central Asia, so he had to find these two giant financial institutions.

  When the Black Shirt Insurance Company shorted HSBC before, it asked AIG to borrow 64 million shares of HSBC, worth 8 billion Hong Kong dollars, and the monthly interest was 96 million Hong Kong dollars.

   asked Legg Mason Group, borrowing 53 million shares of HSBC, worth 6.625 billion Hong Kong dollars, and monthly interest of 79.5 million Hong Kong dollars.

  Two months have passed. HSBC’s stock price has been falling, but the other party has also received a lot of interest. After all, they hold shares for a long time.

  This time Wang Guanxi asked them to borrow shares of Citibank, and the two companies also agreed.

  12:30 noon.

  Everyone agreed to dine at a restaurant near the Central Building.

  American International Group (AIG) Asia Pacific head Brian Schreiber wears a rigorous black suit and blue tie.

  And Dosty Franco, head of Asia Pacific of Legg Mason Group, wears a gray suit and black tie.

  "Mr. Wang"

  "Mr. Wang, long time no see"

  Brian Schreiber and Dusty Franco greeted Wang Guanxi enthusiastically.

  "Come, let's have lunch first" Wang Guanxi shook hands with them enthusiastically.

  Lunch is very rich, light lobster curry, pan-fried foie gras with apples, fresh oysters, beef, white truffle pasta, horseradish crisp noodles, stewed tomato and olive dishes, French champagne Krug.

  Brian Schreiber asked: "Mr. Wang, this time I plan to short Citibank. Don’t you worry that Citibank’s stock price keeps rising?"

  Wang Guanxi smiled faintly: "Don't worry, this time I plan to short Citibank for a long time."

  Dusty Franco reminded: “Mr. Wang, now Citibank has obtained the U.S. Department of Treasury’s guarantee of non-performing assets and has also injected US$25 billion in capital. It is possible for its stock price to stabilize at more than US$100 per share.”

  "In this Middle East Buffett in the Persian Gulf, Prince Alwad is planning to increase his holdings of Citibank. If you are short now, he may just be eaten up by him."

  Wang Guanxi smiled disapprovingly: “It’s okay, what about Buffett in the Persian Gulf. If he dares to increase his holdings, I dare to sell. I will sell as much as he increases!"

  Brian Schreiber and Dusty Franco were both surprised.

  The Saudi Prince Alwad of the Middle East, but Buffett, who is known as the Middle East Persian Gulf, has an extremely accurate investment vision. He is optimistic about the follow-up prospects of Citibank, which shows that Citibank is definitely no problem and it is definitely worth investing.

  And Wang Guanxi wants to short Citibank when the other party intends to increase its holdings in Citibank?

  This, this, this, the two of them can't understand for the time being.

  Brian Schreiber: "Mr. Wang, I hope you succeed!"

  Dusty Franco: "Mr. Wang, please be careful. Our Legg Mason Group also holds Citibank stocks for a long time. To be honest, I don’t really look at you short this time. I hope you don’t lose money."

"it is good!"

   Then everyone talked about the Wall Street scam Bernard Madoff defrauding 65 billion US dollars. This time AIG and Legg Mason were both victims, and the losses were not small.

  Mosaic Group not only suffered miserable losses, but also suffered a large amount of redemption of investment funds by customers, lacking money.

   So Wang Guanxi asked: "Dosty Franco, you, Legg Mason Group has a controlling stake in Silicon Valley Bank. Are you interested in selling it to me? The price can be discussed."

  Before Wang Guanxi also spent 750 million US dollars to buy 50% of Huntington Bank from AIG Group. Now he intends to acquire Silicon Valley Bank shares from Legg Mason Group.

  After all, to establish a consortium in the United States, one bank is definitely not enough, and Silicon Valley Bank is also a very good choice.

  Dusty Franco opened his mouth and said: "Mr. Wang, sorry, we have no plans to sell Silicon Valley Bank."

  "Well then" Wang Guanxi expressed regret.

  After dinner, everyone signed the agreement.

  AIG lent Wang Guanxi 8 million shares of Citibank.

  And Legg Mason Group lent Wang Guanxi 10 million shares of Citibank.

   18 million shares, worth 1.26 billion U.S. dollars, monthly interest of 18.9 million U.S. dollars, which is 146 million Hong Kong dollars, which is another accidental interest expense.

  Now Wang Guanxi has collected 40 million shares of Citibank.

   "I am going to short Citibank when the market opens tonight!" Wang Guanxi ordered.

  These 40 million shares are worth 2.8 billion U.S. dollars and are ready to go!

  Think about excitement!

  "Yes, BOSS" everyone is very excited.

  At this time, Wang Guanxi's phone rang, and when he opened it, he found that it was from Ratan Tata.

  This Ratan Tata called suddenly, and Wang Guanxi was taken aback.

  What the **** is this?

  Be short of Citibank, this guy must know.

  Call to tell himself, he wants to stop himself?

  Or borrow stocks?

  There is no Tata consortium in Citibank’s public shareholder list.

  He confirmed that Ratan Tata does not have Citibank stock,

  This suddenly called?

  What's the trick?

  (End of this chapter)