Rebirth of the Financial Crisis Sweeping the World

Chapter 205 205 Two billion dollars to fuck hard! !

Time gradually passed. Wang Guanxi saw that the time was almost up and ordered: Let Zhang Dexi sign with them.

In the reception room, the Indians have been frozen for so long, so it’s okay.

It's almost 12 o'clock in the evening. After signing the contract and obtaining the stock, you can then look for opportunities to short AIG.

American International Group's stock has now exceeded $400.00 per share, rising a lot today.

Wang Guanxi just wanted to quickly borrow the 1 million stocks from an Indian private pension fund, lest the Indian Nehru couldn't bear it and suddenly rushed out the door with the documents.

Yes, BOSS Wu Zhankun then sent a message to Zhang Dexi.

At this time, in the reception room, Zhang Dexi's phone vibrated and he glanced at a few Indians who were trembling all over.

Then he immediately read the contract, signed it, and mortgaged the Blackshirt Insurance Company again, but this time it was to an Indian private pension fund.

This time, Blackshirt Insurance Company borrowed a total of 5 million shares of American International Group, from Industrial Credit Investment Bank of India, Private Pensions of India, BlackRock Group, Citibank, and UBS Group. Each institution was 100 Thousands of shares.

5 million shares, worth US$2 billion, monthly interest is US$30 million, and daily interest is US$1 million!

That’s 1 million U.S. dollars in interest every day. This is not a small amount, 7.75 million Hong Kong dollars a day!

It’s scary to think about.

After signing the agreement, Nehru left without saying a word.

Before leaving, Zhang Dexi wanted to see Nehru off, but Nehru said coldly: Mr. Zhang, I hope we continue to sign a contract next time, and I will definitely treat you well.

Tonight was definitely the most humiliating day for him in the past ten years, but he endured it, and now Black Shirt Insurance Company has mortgaged their Indian private pension! !

This black shirt insurance company must be theirs!

The reason why he was so forbearing was to obtain a mortgage agreement from the Black Shirt Insurance Company, and also to make the Chinese people be deceived by him, so that these scoundrels who had just made money on Fannie Mae stocks could continue to be conceited and stupid!

When I go back, I will wait for these Chinese people to short AIG, and then let Ratan Tata of the Tata Consortium blow up these Chinese people's positions and beat them hard!

At this time, a cool breeze hit him, and he really caught a cold. He sneezed several times and coughed. His throat felt a little uncomfortable and his nose was itchy.

I really have a cold!

You bastard, I'll settle the score with you sooner or later.

Ah Qi!

Ah Qi!

Ah Qi!

Nehru got into the car with a gloomy face.

Then he ordered: ‘Drive quickly and go back immediately! ’

Yes Mr. Nehru the driver drove very fast.

At this time, the lawyer on the side asked: Mr. Nehru, would you like to buy cold medicine for you?

Nehru said quickly: When I return to the company later, I will buy it immediately.

Yes, Mr. Nehru

Soon the car returned to the Asia-Pacific headquarters of ICICI Bank.

As soon as Nehru entered the office, he cursed: These Chinese people deliberately made us wait in the reception room for a long time this time and set the temperature so low that I even caught a cold from them.

Son of a bitch!

This time on AIG stocks, we must not let these Chinese scum go!

These guys actually made me wait for an hour and a half, hell, the temperature in the room reached 5 degrees. Now Nehru felt more and more uncomfortable, his throat was inflamed, and his nose was dripping with mucus!

This time, you bastard!

Now that I have returned to the office, my anger has begun to vent, and I want to swell the hypocritical face of Zhang Dexi from the black-shirted insurance company.

Sandeep Batra asked: Nehru, are you okay now?

“Come and have some hot tea”

Ratan Tata also said: Nehru, don't worry, I will help you take revenge. These Chinese people are so mean and do not follow business etiquette!

Sandeep Batra also said: This time we will take care of them and take away their companies. When we sign the agreement next time, we will also ask them to wait for 2 hours and lower the indoor temperature to below 5 degrees.

Nehru said angrily: Next time I sign in the icehouse, let them feel 0 degrees!

Thinking of being treated like this in the reception room of the Black Shirt Insurance Company headquarters, he was filled with hatred.

Now that the mortgage agreement from Black Shirt Insurance Company has been obtained, the next time the Chinese come, they must return with tenfold revenge.

At this time, Sandeep Batra suddenly asked: How many thousands of shares of American International Group have these Chinese people borrowed?

As far as is known, the Industrial Credit Investment Bank of India and the Indian Private Pension Fund each lent 1 million shares of American International Group stock to Blackshirt Insurance Company, which amounts to 2 million shares.

But he always felt that the Chinese might also ask other financial institutions to borrow American International Group stocks.

Ratan Tata said nonchalantly: What if other financial institutions borrowed AIG's stocks? Are we afraid of them?

I can now use US$2.5 billion to increase my holdings in American International Group. If possible, I can even use US$3 billion to increase my holdings. Do those Chinese people have that much money?

I think they just borrowed 2 million shares, not much more.

Ratan Tata is very confident now. He is waiting for the Chinese to short AIG, and then he will directly pull up the stock price.

Thinking of this, Ratan Tata continued: If these Chinese people have the guts, they will short AIG tonight to see if I don't blow up these scumbags!

Seeing such confident Ratan Tata, Nehru felt very happy and excited. Then he said: Ratan, I will get rid of you this time. I will not make any large transactions for the time being.

Because he suffered a huge loss of US$1.22 billion in Fannie Mae stock, he could no longer continue to make large transactions. In the next few days, he would have to clear his position at a low level. This time after he closed the position, his loss was at least US$1.2 billion. above!

Thinking of this, he hated Black Shirt Insurance Company in his heart.

Time passed slowly.

Various news also appeared.

[The U.S. government nationalized Fannie and Freddie and injected US$200 billion in capital to avoid Fannie and Freddie’s debt default]

[The U.S. government’s bailout stimulates a sharp rebound in global stock markets]

Stimulated by the U.S. government's announcement to take over the troubled Freddie Mac and Freddie Mac, major global stock markets opened sharply on Monday, rebounding strongly from the lows set last week.

The major markets in Asia-Pacific generally rose by more than 3% yesterday, ending the continuous decline in the previous week.

Among them, the South Korean stock market, which suffered a five consecutive negative days last week and hit an 18-month low, led the way, with the Seoul Composite Index closing soaring 5.2%.

Taiwan's stock market surged 5.5%, its largest one-day gain in six years.

Japan's Tokyo stock market rose 3.4%, rebounding from a five-month low and recording its largest gain in five months.

The Hong Kong stock market surged 5%, the largest one-day increase in six months, rising by 999 points. This was beyond Wang Guanxi's expectation. If he had known that it would rise by 999 points, Wang Guanxi would have locked up 10,000 positions!

Also recording its biggest gain in six months was the Australian stock market, which closed up 3.9%. In addition, New Zealand and Singapore stock markets also rose 1.1% and 4.7% respectively.

European stock markets generally opened sharply higher yesterday, with gains of more than 3% at mid-market. The Paris stock market soared 4.3%, the Frankfurt stock market rose 3.4%, and the London stock market rose 3.8%.

Among individual stocks, financial stocks generally experienced double-digit gains. Mitsubishi UFJ and Mizuho Financial both rose 11%. Europe's UBS, Credit Agricole and British HBOS all rose more than 10% during the session.

U.S. stocks surged at the opening, with the Dow Jones Industrial Average rising more than 300 points within minutes of opening, the S\u0026P 500 Index also rising more than 2%, and the Nasdaq Composite Index rising 1.7%. Among them, banking stocks and construction stocks were the top gainers, with Citibank, Bank of America Corporation, and Wells Fargo rising by more than 9% in early trading.

The market is flooded with rising news!

Most stock prices are skyrocketing, except for Fannie Mae and Freddie Mac.

American International Group's stock price has reached 410.00.

Today, American International Group's stock price first fell sharply at the opening, reaching its lowest price at 363.00, and then began to rise sharply. Now it has reached 410.00, rising by US$47 in just one hour, an increase of 10.1%.

Very strong.

At the headquarters of Black Shirt Insurance Company, Wang Guanxi said calmly: Get ready to go short.

This time, Blackshirt Insurance Company was responsible for shorting American International Group (AIG). The principal was HK$130, which was converted into US$1.677 billion early. Blackshirt Insurance Company was mortgaged and a total of 5 million shares of American International Group were borrowed!

Let's see how much we can sell tonight!

Wang Guanxi was very excited when he thought of this!

These 5 million shares are worth more than 2 billion US dollars!

Huang Shaokai asked: BOSS, are we really going to go short tonight?

Spurred by the U.S. government's announcement to take over the troubled Freddie Mac and Freddie Mac, major global stock markets opened sharply on Monday, rebounding strongly from the lows set last week.

All stocks are rising now, especially financial stocks and bank stocks.

He is still a little worried. What if the stock price of American International Group reaches 450 US dollars per share?

If the stock market continues to rise in the next few days, it will be possible to reach $500 per share.

At this time, Wang Guanxi said calmly: Don't worry, just go short.

It's great to see the rise now, but it will be a miserable fall in the future.

At this time, AIG's stock price rose another US$3, reaching US$413.00 per share. Wang Guanxi shouted: Start shorting!

10,000 shares each time!

Yes, BOSS Huang Shaokai and others immediately started short selling!

10,000 shares!

10,000 shares!

10,000 shares!

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This 10,000 shares each time does not mean that 10,000 shares are sold every second, but 10,000 shares are sold each time, with a time interval in between.

These 10,000 shares were worth US$4 million. Such continuous selling immediately caused the stock price of American International Group to plummet!

Slowly dropped to $400.00 per share!

At this moment, at the Asia-Pacific headquarters of ICICI Bank, Sandeep Batra, Ratan Tata, and Nehru watched the stock price of American International Group suddenly turn around and fall, and they were very excited!

The Chinese people must be short selling, haha!

They've already started shorting

hold on!

Okay, when they push the stock price to a lower level, we will buy like crazy to pull the stock price up and make them mad.

good!

Fuck these Chinese people who are going short against the trend!

The three of them are not in a hurry, they just wait for the opponent to make the first move and then give the opponent a big blocker!

The best blocking position is at 363.00. If Huaxia dares to suppress the stock price here, I will make them regret it! Ratan Tata suddenly stood up straight and came to the floor-to-ceiling window to look down at this area. land.

Sandeep Batra also stood up, drank a cup of tea, and said with a smile: Tonight, the American International Group stock will be the burial ground of these Chinese people!

Nehru had already taken cold medicine and was jumping excitedly. After sneezing, he immediately thought of his treatment at the headquarters of Black Shirt Insurance Company and cursed fiercely: Blow these ungrateful Chinese people.

Blackshirt Insurance Company, Wang Guanxi was stunned when he saw that the Indians did not take action. Unexpectedly, these Indians did not choose to block the Blackshirt Insurance Company at the 400.00 position, so he shouted: Continue to short!

This Indian is not an idiot and will not buy at 400.00. He probably wants to wait for Black Shirt Insurance Company to suppress the stock price to a lower position. If this is the case, then continue to suppress the stock price. Anyway, Wang Guanxi will sell 500 this time. Ten thousand shares of AIG Group stock are worth US$2 billion. I don’t expect retail investors in the market to follow.

Yes, BOSS Everyone continue to short!

Then the stock price continued to fall!

Many profit-making bulls in the market also closed their positions, causing the stock price to fall further!

It soon fell to 370.00!

Wang Guanxi shouted; Don't stop, continue to short!

Then the stock price fell to 363.00, the lowest point today.

stop!

Everyone stopped immediately!

Already shorted 3 million shares.

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In the U.S. stock market, because the U.S. government took over Fannie Mae and Freddie Mac to rescue the subprime bond market and avoid the outbreak of the financial crisis, global stock markets rose across the board, especially financial stocks and bank stocks.

Basically, most stocks have risen very sharply!

However, the stock price of American International Group surged from 363.00 to 413.00, a 13.7% surge, and then turned around and plummeted, plummeting from 413.00 to 363.00, a drop of 12.1%, which is simply unimaginable.

The stock price of American International Group (AIG) first soared 13.7%, and then plummeted 12.1%, which shocked many small retail investors and small institutions.

Retail investors and small institutions who bought AIG shares today all lost money. To be honest today, apart from Blackshirt Insurance Company, no financial institution shorted AIG Group’s shares. Of course, there were also financial institutions that cashed out AIG Group’s shares.

There are many comments on the stock forum.

Damn it, did something happen to the AIG Group?

Yeah, why did the stock price of AIG Group turn around and plummet? Ouch, I lost money to death.

Other stocks are soaring. Why has AIG Group's stock price plummeted? Is the U.S. government also planning to take over AIG Group?

AIG Group is one of the largest insurance groups in the United States, with assets exceeding one trillion U.S. dollars.

It is impossible to take over AIG Group. The situation of AIG Group is very good. There is no government takeover!

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