Rebirth of the Financial Crisis Sweeping the World - Chapter 427: 427 40 billion fund hunters!
Chapter 427 427 A big dip in 40 billion funds!
40 Hong Kong dollars per share settlement, and 30 Hong Kong dollars per share, and then buy back, a difference of 10 Hong Kong dollars, a loss of 10 Hong Kong dollars per share,
Bill Miller thought carefully, “Mr. Wang, your proposal is actually good. When it drops to 30 Hong Kong dollars per share, I will buy it back, and then settle at the price of 40 Hong Kong dollars per share!”
In fact, his Legg Mason Group is still short of money.
It was originally intended to sell some Asian assets, and the HSBC Bank is also in a huge crisis. The stock price will not be good in the next 5 years, and it is not bad to sell it now.
If the stock price drops too low, such as below 30 Hong Kong dollars per share, he can just buy it back.
“OK!” Wang Guanxi was very excited, not to mention too happy. After clearing the HSBC short list, he also intends to let the black shirt insurance company use a huge amount of funds to buy the HSBC bank.
I am afraid that the stock price of HSBC has fallen below 30 Hong Kong dollars per share.
Then the lawyers of the Black Shirt Insurance Company went to the Asia Pacific branch of Legg Mason Group, and then settled the stocks and then paid interest.
This time, the Black Shirt Investment Insurance Company won 20.8 billion Hong Kong dollars.
And borrowed the 260 million shares of HSBC Bank to short, the monthly interest is 390 million Hong Kong dollars!
It was October 1, 2008, and it is now at the bottom of February 2009.
In the past five months, he paid nearly 2 billion Hong Kong dollars in interest, which is a net profit of 18.8 billion Hong Kong dollars.
The principal is 26.4 billion Hong Kong dollars, which is a total of 45.2 billion Hong Kong dollars.
This is the cash flow of the black shirt insurance company.
The total assets of the black shirt insurance company are 65.2 billion, the liability reserve is 14 billion, the financial assets are 6 billion Hong Kong dollars, and the cash flow is 45.2 billion Hong Kong dollars.
Total liabilities 34 billion
Net assets 31.2 billion
The financial assets include:
200 million shares of China Resources Beer Group, the price is 6.5 Hong Kong dollars per share, worth 1.3 billion.
300 million shares of Mengniu Dairy Group, priced at HK$3 per share, valued at 900 million.
200 million shares of Tsingtao Brewery, the current Tsingtao Brewery Group’s share price is at HK$12 per share, valued at HK$2.4 billion.
800 million shares of Uni-President Group, the price is 1.5 Hong Kong dollars per share, worth 1.2 billion.
100 million shares of Vitasoy International, priced at HK$2 per share, worth 200 million shares.
A total of 6 billion Hong Kong dollars in stock assets.
“Currently, the cash flow of the Black Shirt Insurance Company is as high as HK$45.2 billion, so you can’t sit idle and buy the bottom of HSBC.”
“It is night in the US, but it is morning in Hong Kong, and the Hong Kong stock market will open soon!”
“By the way, Rajuslov of the Indian Overseas Bank blocked me from shorting HSBC before. Lajuslov must still hold a large amount of HSBC stock. I just buy it directly with him!”
Immediately, Wang Guanxi called Lajuslov of the Overseas Bank of India, but no one answered.
Wang Guanxi drinks a cup of coffee first.
At this moment in Hong Kong, it is still morning, a small Indian restaurant near the Central MTR station.
Lajuslov of Indian Overseas Bank, Nehru of Indian Private Pension, and Sundeep Bartra of Indian Industrial Trust and Investment Bank. The three are having breakfast.
La Gushlov lifted his big red glasses and said, “The Huaxia Xiaosan went to the United States and not only became the largest farmer in Ohio, but also acquired three banks and two large entities. It seems to be a good mix.”
Nehru said in a disdainful tone: “The Huntington Bank, Fifth Third Bank, Silicon Valley Bank, Macy’s, Ford Motor Company are all in crisis, especially Macy’s, Ford Motor Company may be in economic crisis at any time. Bankruptcy, Huaxia Dog’s life is out of luck!”
Sundeep Bartra also echoed: “Yes, Macy’s is heavily in debt, and Ford Motor Company is insolvent, with a debt of 236.8 billion U.S. dollars, and it will go bankrupt at any time. Then, China’s miscellaneous affairs will let its banks Loaning Macy’s US$1.5 billion, giving Ford Motor Company US$4 billion, and spending US$2.7 billion to hunt down Ford Motor Company, it’s just a flood of brains!”
La Juschlov laughed: “The economic crisis is very serious now. This small Chinese bank, as well as the entity company, will definitely go bankrupt, especially Ford Motor Company is a bottomless pit, and Wang Guanxi doesn’t have enough money to fill this bottomless pit. , I hope he keeps filling in the money, and then suffers terribly, and finally can only become a farmer in Ohio.”
Nehru laughed: “I hope so, this Macy’s department store, Ford Motor Company has so many employees, so many mouths to feed, and even in the economic crisis, revenue can’t keep up with expenditure. Macy’s department store, Ford Motor Company must go bankrupt. I heard Ratan Tata say that Ford Motor Company will not survive in July this year!”
Sundeep Bartra: “Ford Motor Company is in debt of 236.8 billion U.S. dollars, and the interest can overwhelm everything. Ratan Tata said that Ford Motor Company will not survive in July this year. It is very reasonable. This Chinese miscellaneous I’m going to fall into the quagmire
Nehru echoed: “Yes, Ford Motor Company is a super bottomless pit. It will be fun to lose tens of billions of dollars every year. This Chinese stupid dog fell into the huge pit and can’t climb it.”
Sundeep Bartra: “That’s right. This Chinese clerk thought he had made some money in the financial market, and he went to the auto industry and the retail industry with great enthusiasm. He simply didn’t know what commercial operation was! People with a little brain won’t buy Macy’s or Ford Motor Company!”
Nehru continued to echo: “Yes, this Huaxia stupid dog doesn’t understand what commercial operation is. After a random acquisition, it has now fallen into a pit. Hearing Ratan Tata said, Wang Guanxi settled the short position on Hong Kong’s HSBC Bank. Shanzi, I guess Wang Guanxi must be short of money!”
Lajuslov lightly took off his big red sunglasses and said: “It should be a lack of money. Wang Guanxi rushed to clear the short list on HSBC. It is estimated that he used it to fill the hole.”
The Indian Overseas Bank blocked Wang Guanxi from shorting HSBC at the beginning of October last year. At that time, there was a big battle.
As a result, they were trapped.
HSBC’s stock price hits a record low all the way.
India Overseas Bank holds 300 million shares of HSBC in Hong Kong, with a position at HK$120.00 per share, with a loss of HK$80 per share on the book, a total loss of HK$24 billion.
“Well, now the stock price of HSBC in Hong Kong is falling continuously, and I don’t know when it will take off!”
Sundep Batra also sighed: “Now the stock prices of Citibank, Wells Fargo, and Bank of America are also falling continuously, and we have suffered heavy losses.”
Nehru: “I don’t know when it will fall to the bottom, so Wang Guanxi makes a lot of money!”
Rajuslov: “This China Xiaoyi must be very proud. Our Indian Overseas Bank has suffered a terrible loss on HSBC, and HSBC may not pay dividends this year.”
At this time, Sandeep Batra asked: “Are you going to sell HSBC stock?”
Raguslov shook his head: “I don’t plan for the time being, but I will consider selling some! Now the economic crisis is serious, and the international business of Indian overseas banks has also been hit, and some cash needs to be cashed out!”
Nehru: “The HSBC stock price must have fallen below 30 Hong Kong dollars per share, so you should plan ahead.”
Sundeep Bartra: “Yes, sell it early now. In the future, HSBC’s stock price will fall to 20 Hong Kong dollars per share. You can buy the bottom. When HSBC’s stock price reaches 60 Hong Kong dollars per share, you will make money again. came back.”
La Juschlov sighed: “It does make sense. There is a loss of 24 billion Hong Kong dollars on the books. It really makes me feel very uncomfortable. If HSBC’s stock price really falls to 20 Hong Kong dollars per share, I will buy the bottom with 12 billion Hong Kong dollars. When its stock price rushes to 60 Hong Kong dollars per share in the future, the 24 billion Hong Kong dollars I lost will almost be made back.”
In fact, he was very worried in his heart that HSBC’s stock would continue to fall, until it fell to 20 Hong Kong dollars per share, and his loss of profits on his books was increasing.
Even if HSBC’s share price rises above 60 Hong Kong dollars per share in the future, Indian overseas banks still have a lot of losses on their books.
Now the stock is sold off, and then after the HSBC stock price drops to 20 Hong Kong dollars per share and then the bottom, you can make back the lost money.
At this time, the assistant came over and handed his mobile phone: “President, the phone number of the boss of the Heishan Group!”
“This China Xiao Yi San actually took the initiative to call me?” After thinking about it, La Juschlov connected, changed his tone, and asked, “Mr. Wang, what can I do?”
Wang Guanxi said straightforwardly: “Mr. Lajuslov, I intend to buy the HSBC stock of Indian Overseas Bank. Are you interested in selling it to me?”
Lajuslov was shocked and asked: “Wang Guanxi, are you going to buy the HSBC Bank?”
Wang Guanxi asked, “Can’t it?”
La Gushlov laughed: “To be honest, I was planning to sell HSBC stock. I didn’t expect you to buy the HSBC bank. You spent so much money on Macy’s and Ford Motor Company. You are really rich. what”
Wang Guanxi smiled faintly: “I don’t have much money, but the black shirt insurance company still has a small cash flow. Now there is no place to allocate assets! So I thought of allocating HSBC stock!”
Lajuslov chuckled, “How much cash flow does your black shirt insurance company have?”
Speaking, he ate a sandwich.
Wang Guanxi yawned: “Not much, just a small cash flow of 45.2 billion, not as good as your Indian Overseas Bank!”
Because it was amplifying, Lajuslov, Nehru, and Sundeep Batra heard what Wang Guanxi said and felt very uncomfortable in their hearts.
Rajuslov’s breakfast got stuck in his throat, his face flushed!
The milk that Nehru drank directly choked on!
Sundep Batra was hot from the pepper, and his throat was uncomfortable.
The crown hei felt in front of them that the 45.2 billion Hong Kong dollars was a small cash flow, showing off naked in front of them, acting as force!
is simply looking down upon them.
For them, the cash flow of 4.5 billion Hong Kong dollars is very big. Wang Guanxi actually said that 45.2 billion Hong Kong dollars is small cash, which is nakedly humiliating the three of them!
Lajuslov responded coldly: “Wang Guanxi, what are you proud of, what are you!”
“In front of my Lajuslov, you are also qualified to pretend to be X?”
Wang Guanxi: “Lajuslov, you estimate that you can’t get the cash flow of 450 million Hong Kong dollars. Can you compare with me?”
“Have you all lost more than 20 billion Hong Kong dollars on HSBC?”
“Are you still unsatisfied with the defeat? If there is a kind, you should never sell HSBC stock!”
Rajuslov suddenly flushed with anger, his chest fluctuated, and he didn’t know what to say for a while.
At this time, Wang Guanxi said again: “Ratan Tata gave me his knees, kneeling and begging me to settle HSBC stocks with him!”
Rajuslov sneered: “Just blow it!”
Wang Guanxi: “I now give you a chance to unwind HSBC stock, don’t you not cherish it!”
Rajuslov: “45 Hong Kong dollars per share, all 300 million shares on hand are sold to you”
Wang Guanxi: “It is the market price, 40 Hong Kong dollars per share. I settled with Ratan Tata at this price. If you don’t believe me, please call and ask him!”
“Of course, if you don’t sell, I just buy it in the market. The HSBC’s stock price will definitely fall below 40 Hong Kong dollars per share, so I’ll just absorb it slowly.”
“Don’t miss this opportunity to unwind”
“I know you must be thinking about HSBC’s stock price falling to a lower position, and then buying the bottom, looking forward to a copy, now your chance is here”
Lajuslov laughed: “Yes, then the market price, HSBC’s share price will still fall. I will see how much money you lose on your books, and I will make the money when HSBC’s share price drops to 20 Hong Kong dollars per share. Bargain hunting!”
Wang Guanxi: “Then I will send a lawyer to your Indian Overseas Bank immediately!”
Rajuslov: “I’m going to have breakfast near your black shirt center, and just ask your lawyer to come over.”
Then everyone signed an equity agreement, and Indian Overseas Bank sold 300 million shares of HSBC to Black Shirt Insurance Company!
The transaction price is 40 Hong Kong dollars per share, for a total of 12 billion Hong Kong dollars.
Before the signing of the agreement, the Hong Kong stock market had already opened. HSBC’s share price fell below 40 Hong Kong dollars per share and has fallen to 38 Hong Kong dollars per share.
Rajuslov was a little proud, and directly called Wang Guanxi, gloating and said: “Wang Guanxi, just dropped 2 Hong Kong dollars, you already have a loss of 600 million Hong Kong dollars on your books.”
Wang Guanxi smiled: “It’s only 600 million Hong Kong dollars. I don’t care about 6 billion Hong Kong dollars. I don’t care about the 6 billion Hong Kong dollars. That is to say, people who lack money like you take 600 million Hong Kong dollars seriously!”
Rajuslov listened to the words of the crown and suit X, and his heart was immediately angry, very depressed!
This Huaxia Xiaoyi dare to say that he has no money!
“Wang Guanxi, have fun in the future, let’s take your time!”
“You are not yet qualified to act in front of me!”
Wang Guanxi smiled: “You have no strength, so don’t do it, admit that you are incompetent, and you have no courage to fail. What qualifications are you to be my opponent!”
After finishing the call, Wang Guanxi spoke to Wu Zhanhai and others in the trading room and said: “After 15 minutes, start buying HSBC stock!”
It’s night time in the United States, but Hong Kong time is daytime, and the Hong Kong stock market has already opened. HSBC’s stock price is falling, just in time for Wang Guanxi to buy it at a low price.
“Yes, BOSS!” Everyone was excited.
I bought 300 million shares from the Indian Overseas Bank before, and spent HK$12 billion, but the cash flow of the black shirt insurance company still has HK$33.2 billion.
These funds will be owned by HSBC.
Another 15 minutes passed, and HSBC’s stock price fell by 1 Hong Kong dollars again, to 37.00 Hong Kong dollars per share.
Wang Guanxi shouted: “There are a lot of selling on the market now, buy it, buy 300 million shares first!”
“Yes, BOSS” everyone immediately started buying.
5 million shares!
2 million shares!
3 million shares!
4.5 million shares!
5.5 million shares!
HSBC’s stock price began to rise against the trend.
At 40.00, Wang Guanxi shouted: “Stop temporarily and wait for the empty hair in the market!”
“It’s the BOSS” so everyone stopped.
But the shorts are not very strong. Everyone is waiting and watching. Many financial institutions that want to sell HSBC in the market also hope that HSBC’s stock price will rise a little higher, and then sell the stock.
Wang Guanxi waited for a while, and became impatient, and said: “Go ahead and buy 300 million shares!”
“Yes, BOSS” everyone continues to buy.
HSBC’s stock price continued to rise.
rushed all the way to 43 Hong Kong dollars per share, and then the morning session of the Hong Kong stock market closed.
I bought 300 million shares of HSBC this time. The average position of the purchase was 40 Hong Kong dollars per share, which cost 12 billion Hong Kong dollars.
Black Shirt Insurance Company holds a total of 600 million shares of HSBC.
Now there are 21.2 billion Hong Kong dollars in cash in the account.
Wang Guanxi said: “Withdraw 800 million Hong Kong dollars, as the cash flow of the black shirt insurance company, pay for the bank loan interest that needs to be paid recently!”
“Yes, BOSS” then withdrew 800 million Hong Kong dollars, which was used as operating capital to pay various bank loan interest owed.
There is still HK$20.4 billion left.
Wang Guanxi: “I’m resting now, let’s buy it this afternoon!”
“Yes, BOSS!” Everyone began to rest.
It’s very late in the US now, and everyone plans to stay up tonight.
In the trading room, everyone was refreshing while drinking coffee.
In many financial institutions in Hong Kong, the rich are waiting to cash out HSBC shares.
Today HSBC’s stock price was originally very weak, but large funds entered the market to buy the bottom, making HSBC’s stock price reversal from 37 Hong Kong dollars per share, all the way to 43 Hong Kong dollars per share.
In many private exchange groups and private clubs of the rich, everyone is talking about it.
“Good opportunity, the market rose so much in the morning and come back!”
“I heard that the black shirt insurance company is frantically increasing its holdings of HSBC.”
“The black shirt insurance company used to be a big short at HSBC, but now it has become a big short”
“The financial crisis is so severe that bank stocks all over the world are falling, and the stock price of HSBC has fallen below 30 Hong Kong dollars per share.”
“Yes, this HSBC stock price absolutely fell below 30 Hong Kong dollars per share!”
“The Black Shirt Insurance Company will hunt down the hillside!”
“I used to buy the bottom at 80 Hong Kong dollars per share, which was just halfway through the mountain. Now I am scared. Really, hurry up and sell!”
Exterminate the Black Shirt League.
Daoheng Securities’ Jiao Xiongbing said excitedly: “Wang Guanxi is hunting down HSBC Bank, so it just happens to be short for us!”
CLSA’s Adolf Rogulli was also excited and said: “Yes, we have all borrowed stocks, we are going to go short, I didn’t expect the black shirt insurance company to buy the bottom”
Li Songwei of Yiqun Securities: “The stock price of HSBC will definitely fall to 20 Hong Kong dollars per share. This black shirt insurance company will definitely be trapped this time!”
Tong Ying Securities’ You Zhenxuan echoed: “That’s right, this time the black shirt insurance company will be killed.”
Jiang Jiwei of Dali Securities: “Go ahead, the market opens in the afternoon, we will go short and let the black shirt insurance company”
Yue Runlin of Gaoxin Securities: “It’s been a long time since we worked in a black shirt insurance company. We made 20 billion Hong Kong dollars before, and we have been too busy recently.”
Ju Debiao of Fengnian Securities: “Yes, go short HSBC!”
The market opened soon in the afternoon, and the seven people jointly shorted HSBC!
HSBC’s stock price began to plummet.
HK$40.00 per share,
Huntington Bank Building, in the trading room, Wu Zhanhai asked: “Boss, do we want to increase our holdings now?”
Wang Guanxi: “Don’t worry, let the shorts sell!”
Then HSBC’s stock price fell below HK$40.00 per share.
has dropped to the 38.00 position.
Wu Zhanhai asked: “Boss, do we want to buy?”
Wang Guanxi said: “No hurry, we will buy again tomorrow, let these shorts sell!”
Time flies, and at the end of the trading session, HSBC’s stock price has plunged.
fell from the 38.00 position to the 34.00 position in one minute!
At the end of the trading session, it fell 10.5% in one minute, shocking Hong Kong.
Sing Tao Daily: “HSBC’s stock price plummeted by 10.5% in one minute, killing the HSI in seconds!”
The “culprit” that gave the HSI a heavy blow was the “Elephant Stocks” HSBC. In the last minute of the auction transaction, the holding price of HSBC plunged by 4 Hong Kong dollars or 10.5%, and closed at 34 Hong Kong dollars for the whole day, a 13-year low. , Also set the largest single-day drop in history!
The people who killed the Black Shirt League were all excited.
“This time the black shirt is insured.”
“Yes, they at least increased their holdings by hundreds of millions of shares before, and they were all trapped”
“It’s so cool, the black shirt insurance company must have lost a lot of money”
“It’s so cool this time, it’s a big revenge”
“Hey, wait for HSBC’s stock price to continue to plummet!”
“Yes, HSBC’s share price fell below 30 Hong Kong dollars per share and fell to 20 Hong Kong dollars per share, we will close the position!”
Huntington Bank, in the trading room, Wang Guanxi said: “I will increase our holdings of HSBC at the opening tomorrow.”
At this time a message came out.
[Royal Bank of Scotland plans to sell hundreds of billions of pounds in assets]
The Royal Bank of Scotland (RBS) will announce a large-scale restructuring plan this week, which will involve the sale of hundreds of billions of pounds in assets.
According to the plan, the Royal Bank of Scotland will announce its full-year performance last year on Thursday, and it is expected that the bank may create the largest annual loss for a British enterprise.
In this restructuring plan, it also plans to divest hundreds of billions of dollars in assets by disposing of assets and reducing business scale.
It is reported that RBS plans to place at least £200 billion of non-performing assets in the government’s asset protection plan.
The asset sale plan of RBS will also be unprecedented, and the assets sold will make the bank’s assets and liabilities pressure of up to 1 trillion pounds substantively alleviated.
Wu Zhanhai said excitedly: “BOSS, according to the public shareholdings of shareholders, Royal Bank of Scotland is the major shareholder of HSBC, holding 7.1% of the stock, a total of 1.449 billion shares!”
Wang Guanxi said with excitement: “Immediately contact Royal Bank of Scotland and say that we intend to acquire 600 million shares of HSBC in their hands.”
“The purchase price is the market price!”
The Royal Bank of Scotland is a large consortium in the UK. It wants to sell hundreds of billions of pounds in assets, which is a trillion-dollar asset sale!
“Contact Royal Bank of Scotland now”
“Yes, BOSS” everyone immediately went to the Royal Bank of Scotland.
Soon Howard, the president of Royal Bank of Scotland, replied, agreeing to sell 600 million shares of HSBC, but at a value of 35 Hong Kong dollars per share.
Wang Guanxi immediately talked to Howard on the phone, “Mr. Howard, at the price of 34 Hong Kong dollars per share, I bought 600 million shares at a time, which can solve a lot of cash problems for you. The stock price of HSBC will continue to fall. If you buy at the market price, you still lose money.”
Howard thought for a while: “That’s OK, at the price of 34 Hong Kong dollars per share, 600 million shares will be sold to your black shirt insurance company! If you have a buyer you know, please contact me!”
“Okay!” Then Wang Guanxi’s black shirt insurance company bought 600 million shares of HSBC from Royal Bank of Scotland at a price of 34 Hong Kong dollars per share, worth 20.4 billion Hong Kong dollars!
In this regard, the black shirt insurance company holds 1.2 billion shares of HSBC, accounting for 5.7% of the shares, with an average position of 37 Hong Kong dollars per share.
A temporary loss of HK$3 per share on the book, a total loss of HK$3.6 billion.
Wang Guanxi glanced, and said: “Go to sleep, tomorrow may close the shares of Citibank, Wells Fargo Bank, Bank of America Corporation!”
“Yes, BOSS” and everyone left.
Wang Guanxi dragged his exhausted body, went to the nearby hotel, took a bath, and then rested. At this time, the phone rang.
(End of this chapter)