When I am reborn in Hong Kong, I just want to lie down

At the beginning of the new year in 2006, the Hong Kong stock market was booming. Not only Hong Kong, the Japanese Nikkei was also running at a high level and had a trend of upward breakthroughs, leading the British FTSE Index, German DAX, North American Dow Jones, Nasdaq, S&P 500, etc. The index has been breaking upward.

But Li Bu is here, through various channels, issuing orders to many financial institutions he controls in these areas. From now on, he must sell the shares he holds every day until mid-2007, all the shares he holds are sold out. The stocks are then used to purchase spot gold.

After this order was issued, thousands of financial institutions around the world began to slowly sell out their stocks and purchase gold. At this time, the price of gold was not high.

The years when the gold price rises are mostly accompanied by wars, economic crises, social unrest and other situations. Although those thousands of people do not understand why they operate in this way, but in line with the principle of listening to the boss's words and making a living, they faithfully implement the boss's words , began to clear out a large number of stocks.

However, there are some discrepancies on Deutsche's side, that is, it has increased its holdings in the stocks of two car companies. Over the years, Li Bu has been buying stocks of car companies around the world. In some cases, he has also merged and acquired many companies, and Globally, we buy a large number of mining companies, as well as a large number of energy companies, including but not limited to coal mines and natural gas.

On July 2007, 7, New Century Financial Corporation issued a profit warning for the first half of 13.

HSBC Holdings announced its results and increased its provision for subprime housing credit in North America by an additional US$140 billion, totaling US$207.53 billion, an increase of 43.6%. As soon as the news came out, the stock market fell sharply that day, with the Hang Seng Index falling 777 points. A decrease of 4%.

面对来自华尔街以及其他金融机构294亿美元逼债，作为阿美利坚第二大次级抵押贷款公司——新世纪金融在2007年12月6日宣布申请破产保护、裁减61%的员工。

On December 2007, 12, Deutsche Bank announced a profit warning, and later estimated a loss of 12 billion euros, because of its 182 billion euros "Rhineland Fund" and the bank itself participated in a small amount of North American real estate subprime. mortgage market business and suffered huge losses.

The German central bank convened the national banking industry to discuss a package plan to rescue the German industrial bank.

America's tenth largest mortgage lender, America Home Mortgage Investment Company, officially filed for bankruptcy protection with the court on December 2007, 12, becoming another large mortgage lender in America to file for bankruptcy after New Century Financial Corporation. mechanism.

On December 2007, 12, Bear Stearns, America's fifth largest investment bank, announced the collapse of two of its funds, also due to the subprime mortgage crisis.

On December 2007, 12, BNP Paribas, France's largest bank, announced that it would freeze three of its funds because it also suffered huge losses due to its investment in America's subprime mortgage bonds.The move sent European stock markets plunging.

On December 2007, 12, Mizuho Group, the parent company of Mizuho Bank, the second largest bank in Japan, announced a loss of 13 billion yen related to Northern Subprime.Japanese and Korean banks have already incurred losses due to the America subprime mortgage crisis.

According to estimates by UBS Securities Japan, Japan's nine largest banks hold more than [-] trillion yen in America's subprime mortgage-backed securities.

In addition, five Korean banks, including Woori, invested a total of US$13.77 billion in secured debt obligations (CDOs).

Investors are worried that America's subprime mortgage problems will have a strong impact on global financial markets.However, Japanese analysts are convinced that the vast majority of CDOs invested by Japanese banks have the highest credit ratings, and the impact of the subprime mortgage crisis will be limited.

Later, the New York City Bank Group also announced that losses caused by subprime mortgages in December 2007 amounted to US$12 billion. However, for a financial group with an annual profit of US$17 billion, this is only a small amount.

不过2007年的纽约城市银行集团的股价已由高位时的23美元跌到了3美元多一点，也就是说2007年的纽约城市银行集团的身价相当于一家阿美利咖地区银行的水平,根据最新排名花旗已经跌至19名，且市值已经缩水90.00%，且其财务状况也不乐观。

The subprime mortgage crisis began to spread around the world, but Li Bu had already escaped. As early as 2007, he had divested all assets related to subprime mortgages and then packaged them up and sold them.

Li Bu was in the top-floor office of Taiping Hang Lung Building in Xiangjiang. He said to Yuan Daban and the financial director: "Now all financial institutions around the world are losing money and have bad debts. We can't do it without it, otherwise it will be too different. I never Over in North America, I received an order, which is the contract I signed before. I will implement it now. Take a look."

This is a book of US$600 billion in various junk bonds and subprime mortgage debt. After packaging, it is US$130 billion.

The two of them immediately understood what was going on. Last year, Taiping Hang Lung Bank has been operating steadily. In the past two years, it has even increased the down payment ratio of home loans from [-]% to [-]%. As long as the house is in good condition, you can take out a loan, but you cannot take out a second loan. .

In 2007, which is about to pass, HSBC's annual profit was US$200 billion, while Taiping Hang Lung Bank's profit was more than US$1500 billion, not counting companies that control or hold shares.

Banks have absorbed more than two trillion U.S. dollars in various deposits or currencies around the world, and a large proportion of them are Li Bu's own deposits. In order not to attract too much attention from the outside world, these deposits have become Gold, bearer bonds, loans to companies directly or indirectly controlled by Li Bu.

Subprime mortgages did not slow down as time went by. Instead, more problems gradually emerged, and larger debt loopholes emerged, including, but not limited to, more than 30 weird real estate companies, and a large number of real estate companies collapsed. and reorganization.

Anderson Real Estate Company, in order not to appear different, also began to publish loss statements, in which a lot of funds were not visible on the surface, but in another account, it showed that the huge losses were used to purchase figures. currency.

The same is true for more than 30 weird real estate companies. In order to join in the same trend, no, in order to join forces with others, they set their accounts at a loss. However, they worked very hard. In addition to losing the cash, they sold houses at reduced prices and collected funds to pay off the debts. There are selling yourself, merging into another company, in short, there are many ways to save yourself, but they only have one purpose: not to be noticed.