Chapter 397 397 Billion is only a small amount of money, madly borrowing stocks

  Half an hour later, Bank of America’s stock price rushed to $15.00 per share. Wang Guanxi was overjoyed and said: “Fortunately, we closed our positions in time tonight, so that we won’t lose a lot of profits tonight.”

  Huang Shaokai echoed excitedly and said: "Yes, BOSS, fortunately we have closed the position, otherwise we will lose a lot of profits on the book."

   Zhang Dexi: "The U.S. stock market fell as soon as the market opened tonight, giving us the best opportunity to close the position."

   Wu Zhankun also echoed: "Yes, if we are late, we will have to lose a lot of profits."

  As soon as the U.S. stock market opened tonight, the No. 4 Fund decisively began to liquidate its position. Before the U.S. stock market became strong, Bank of America’s short list was cleared.

  And now the stock price of Bank of America Corporation has rushed to $15.00 per share.

  The liquidation of the short position of Fund 4 is very timely.

  Wang Guanxi smiled and said: "This time the stock price of Bank of America has rushed up, which is a good thing. Let it continue to rise."

  Looking at Bank of America’s stock price stabilized above $15.00 per share, Wang Guanxi murmured: “I don’t know what the Imperial Bank of India is now, what are the plans of the Union Bank of India now?”

  Wang Juehao said: “BOSS, the stock price of Bank of America has risen sharply just now. I think it must be the Imperial Bank of India, and the United Bank of India is increasing its holdings.”

  Bai Weiqiang also said: "I also think they are increasing their holdings, hehe, they are also buying at a high level."

  Wang Guanxi nodded: "These two Indian financial giants should have increased their holdings by a large amount."

  Feroz Sanhavi and Gilayu Amin were very strong on the phone before, and they kept saying that they would increase their holdings of Bank of America. It should have been action just now.

  At this time, Wang Guanxi's phone rang, and it was from Feloz Sanhavi of the Indian Imperial Bank.

  Connected, Wang Guanxi asked: "Feroz Sanhavi, what's the matter?"

  Feroz Sanhavi said on the phone: "Wang Guanxi, you ran really fast this time. You should make a lot of money, right?"

  The 40 million shares that Wang Guanxi borrowed have been returned to the Imperial Bank of India. He originally thought Wang Guanxi would continue to hold the short list of Bank of America. He did not expect Wang Guanxi, the Chinese king of shrimp, to slip quickly.

  Wang Guanxi said indifferently: “If you make a little money, it’s only 1 billion US dollars.”

  Feroz Sanhavi suddenly felt unhappy when he heard it.

  Wang Guanxi, this kid actually pretended X in front of him again.

  Haha, made a little money, only 1 billion dollars, right?

  What kind of X is your TM, and you are also equipped with X in front of Lao Tzu?

This simply made him unable to bear it, so he immediately said: "Wang Guanxi, don't think you have made a billion dollars, and you are complacent and arrogant. In my Feroz Sanhavi's eyes, 10 Millions of dollars are small money"

  Wang Guanxi smiled: "I didn't expect you to think that 1 billion US dollars is a small amount of money. I thought it would treat you a lot."

  Feroz Sanhavi also smiled: "Wang Guanxi, to be honest, you are not qualified to pretend to be in front of me."

  Wang Guanxi: "Hehe, how to say? Where am I not qualified? I make money, you lose money"

  Feroz Sanhavi's indifferent response: "You are not worthy, understand?"

  Wang Guanxi said: "You are just a defeated subordinate. I know that you are not convinced in your heart, and you are so jealous that you can't tell the reality."

  Feroz Sanhavi smiled: "Have I ever lost to you, Feroz Sanhavi?"

  Wang Guanxi asked: "You have suffered a lot from floating in Bank of America, but you are still undefeated?"

  Feroz Sanhavi chuckled, "It's just a temporary disadvantage. I lost?"

   "I plan to increase my holdings of Bank of America Corporation. By then, I will reduce the position of opening positions. If the stock price rises, my book will be profitable, don't you understand?"

  "Are you the first day to play stocks?"

  Wang Guanxi was taken aback, and asked: “The stock price of Bank of America has soared just now, isn’t your Indian Imperial Bank increasing its holdings?”

  Feroz Sanhavi: “It’s not our imperial Bank of India’s increase in holdings, nor the United Bank of India’s increase in holdings, but other financial institutions.”

  Feroz Sanhavi and Gilayu Amin plan to increase their holdings, but they discuss the position of increasing their holdings at $10 per share.

  It’s a pity that Bank of America’s stock price fell to $11 per share and it couldn’t fall anymore, and it went up all the way.

  They can only watch, hoping that Bank of America’s stock price will fall to 10 US dollars per share, so that they can increase their holdings, but they did not expect that it has rushed to 15 US dollars per share.

  But this is also a good thing, which proves that Bank of America’s stock price has bottomed out and reversed its decline.

  "Wang Guanxi, when Bank of America's stock price fell to $11 per share, were you closing the short position of Bank of America?"

  He guessed that Wang Guanxi must have flattened his short list of 50 million shares when Bank of America’s stock price fell to $11 per share.

  Wang Guanxi listened to Feroz Sanhavi’s words and laughed: “You and Gilayu Amin must have been waiting for Bank of America’s stock price to drop to $10 per share, and then buy Bank of America a lot of money?”

   "Ahaha, I'm sorry, when Bank of America's stock price fell to $11 per share, I cleared all the short positions"

Feroz Sanhavi and Gilayu Amin, two fools, had been waiting for Bank of America’s stock price to drop to $10 per share, and then bought a lot of dips. Unexpectedly, they were at $11 per share. At that time, the increase in liquidation, so that Bank of America's stock price rushed to 13 US dollars per share.

  The two can only stare at them.

   "Wang Guanxi, don't be proud, this time you are just slipping fast, next time I will be caught by me" Feroz Sanhavi said with a sneer.

  Wang Guanxi smiled: "Then you continue to increase your holdings of Bank of America. By the way, I am still going to short Bank of America."

  Feroz Sanhavi sneered and said: "Okay, then you can go short and try."

  He felt that Wang Guanxi was joking. Wang Guanxi closed the short position of Bank of America. Naturally, he was not optimistic that Bank of America's stock price continued to fall.

  At this time, Wang Guanxi said again: "I'm really serious"

  Feroz Sanhavi still doesn’t believe it, "Hehe, then I’ll be waiting for you to go short"

  Then the call ends.

  Wang Guanxi shook his head: "I'm TM, I really want to short Bank of America again. You don't believe me, thinking I'm joking?"

  At this time, Huang Shaokai asked: “BOSS, should we ask the Imperial Bank of India again, and the Union Bank of India borrows the shares of Bank of America?”

  Wang Guanxi thought for a while and said: "I will not borrow from them for the time being, let's borrow from other places first."

  This time he intends to continue to short Bank of America at a high level, but the funds are not much, coupled with a lot of debt, and the interest expenses are huge, so this time he shorts Bank of America. He does not intend to let Indians know how many shares he borrowed.

  After all, the Imperial Bank of India and the United Bank of India have made a lot of money recently. If they join together to increase their holdings in Bank of America, there is still a certain risk for him.

  Thinking of this, he opened his mouth and said: "Go to the financial institutions that hold the stocks of Bank of America and ask them to borrow stocks!"

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

  In a flash, the US stock market closed.

  Today, Bank of America’s stock price finally closed at $15.00 per share.

  The share prices of Citibank and Wells Fargo have also risen a bit, but not that much. Funds 2 and 3 still have huge floating profits on their books.

  But what surprised Wang Guanxi was that Huntington Bank’s stock price skyrocketed from the previous $1.5 per share to $2.0 per share.

  Huntington Bank, with a total equity of 1 billion shares and a market value of US$2 billion.

  Wang Guanxi’s Fund No. 1 holds 50% of Huntington Bank’s equity and is now worth $1 billion.

  The acquisition of 50% of Huntington Bank’s equity from American International Group cost 750 million U.S. dollars, and now the book has a floating profit of 250 million U.S. dollars.

  It's really gratifying.

   And Zheng Yufei of Malaysia Public Bank, Huang Fengling of Indonesia Central Asia Bank, and Yuan Kang of Sumitomo Insurance Company are discussing investment matters in the group.

   Seeing Huntington Bank’s stock price rushed to $2 per share, I regretted it.

   "I knew I should continue to increase money and buy a controlling stake in Huntington Bank"

   "Yes, I should continue to increase the price, and now Wang Guanxi is on the book."

   "I knew I should have bought Huntington Bank from AIG at a higher price!"

  And American International Group, Brian Schreiber, watching Huntington Bank’s stock price rise so much tonight, is also quite regretful, and at the same time admires Wang Guanxi’s vision in his heart.

   "Mr. Wang's vision really makes me beyond the reach of the dust."

  Before, he was also complacent because Wang Guanxi acquired the equity of Huntington Bank at a premium. Unexpectedly, Wang Guanxi had spotted this business a long time ago.

  Acquisitions at so many premiums are still profitable.

  ··

  The next day, January 15, Thursday.

  Wang Guanxi’s horses contacted the Legg Mason Group.

  Last night, Legg Mason Group increased its holdings of 50 million shares of Bank of America Corporation.

  Wang Guanxi said to Dusty Franco, the head of Asia Pacific of Legg Mason Group: "I intend to lend you Legg Mason’s stock of Bank of America."

  Dusty Franco asked: "Mr. Wang, are you really going to short Bank of America?"

  They Legg Mason bought the stock of Bank of America Corporation. He also thinks that the stock price of Bank of America Corporation has just bottomed out. Is this Wang Guanxi going to be short?

   is incredible, it really makes Dusty Franco puzzled.

  Wang Guanxi said: "Yes, Mr. Dusty Franco, I intend to short the stocks of Bank of America Corporation. Your Legg Mason Group holds shares for a long time. You can lend it to me so that you can earn some interest."

  Dusty Franco smiled and said: "Our Legg Mason Group really intends to hold stocks for a long time. This interest is also what we need. Haha, no problem. We will lend it to you. I hope you have a happy short sale!"

  There are 50 million shares of Bank of America's stock. They want to hold it for a long time, and they can borrow a lot of interest from Wang Guanxi.

  Anyway, Bank of America’s stock price rose and fell, and they didn’t care about it for the time being.

  However, if Legg Mason Group is redeemed by customers again, it is impossible to say.

   "Okay, we have a happy cooperation, I will send a lawyer over immediately" Wang Guanxi thought for a while and said: "Yes, Mr. Dusty Franco, are you interested in selling the shares of Silicon Valley Bank?"

  Dusty Franco smiled and said: "Sorry, Mr. Wang, we have not planned like this yet. I will let you know when it is sold."

  "That's good" Wang Guanxi went to the Hong Kong branch of Legg Mason Group to take a photo of the legal officer, and then signed the agreement.

  50 million shares, which is worth 750 million U.S. dollars, and Wang Guanxi’s No. 4 Fund has 2.5 billion U.S. dollars and needs to continue to borrow.

  After asking a few financial institutions, I only own very few stocks.

  Wang Guanxi said to the horses: "Go and ask United Bank of India to borrow 100 million shares."

  When Wang Guanxi shorted Bank of America, he was blocked by Gilayu Amin of United Bank of India!

  This curly-haired Gilayu Amin bought 100 million shares at the time.

  You can borrow it right now.

   "Yes, BOSS," then he contacted Gilayu Amin, a guy with yellow curly hair.

   Gilayu Amin directly agreed to borrow 100 million shares, worth 1.5 billion U.S. dollars. Interest is $22.5 million per month!

  Gilayu Aminji said to Wang Guanxi on the phone: "Wang Guanxi, you are quite brave, haha!"

  "Short Bank of America again?"

   "It's okay, haha, I'm not brave!"

  Wang Guanxi chuckled: "What? What advice do you have?"

   Gilayu Amin sneered: “I can’t talk about advice, but it’s more than enough to crush you.”

  Wang Guanxi responded: "You are just a defeated subordinate. What qualifications do you have to talk about crushing in front of me?"

   Gilayu Aming smiled: "What's that? I just hold a long-term stake in Bank of America. What am I afraid of?"

   "Isn't it just a loss on the book?"

   "I keep holding it, and the stock price will rush up sooner or later!"

  "Don’t forget, this Bank of America is now one of the largest banks in the world. You are going to be short. In my opinion, it’s just a death."

  Wang Guanxi laughed: "I am optimistic about your blind confidence"

  Gilayu Amin pulled her curly hair and smiled: "I also appreciate your ignorant conceit. I now officially inform you that I will crush you on Bank of America!"

  Wang Guanxi laughed and said, "Are you notifying me again? Haha, okay, you notify, you notify, then I will see how you end up!"

   "Haha, wait, Feroz Sanhavi has something to tell you!" At this time, Gilayu Amin handed the call to Feroz Sanhavi of the Indian Imperial Bank.

  Feroz Sanhavi directly spoke to Wang Guanxi on the phone: “Wang Guanxi, our Imperial Bank of India still has 50 million shares of Bank of America. Why don’t you dare to borrow it?”

  This Wang Guanxi came to short Bank of America again, but he was very excited.

  Wang Guanxi opened the mouth and said: "Now there are 250 million US dollars. You can borrow 50 million shares."

  Feroz Sanhavi asked: "250 million US dollars, do you want to borrow 50 million shares?"

  (End of this chapter)