Rebirth of the Financial Crisis Sweeping the World

Chapter 215 215 Luo Baowen is stupid! Daqian Yuan family!

After being silent for a long time, Feng Shaokun said: Guan Xi and the others will have a lot of funds, maybe more than 10 billion. I will talk about it at home. If you want a loan then, maybe I can really help you.

Wang Guanxi said: Okay, Brother Feng, I will come to you when I need funds.

Feng Shaokun: Well, don't worry, I support you, remember to prepare the collateral!

By the way, the Luo family is going to fuck you too.

be careful

Wang Guanxi was stunned, What about the Luo family? Okay, let's do it then!

At 8:05 pm, Wang Guanxi was looking at the listed stock charts and company information of three companies owned by the Luo family.

Have the stocks of the Luo family's companies been borrowed?

This time the Luo family has made great efforts in the Hong family's protection alliance, so naturally they will not let it go.

Huang Shao opened the alliance and said: The boss is coming soon. Mr. Wang and Mr. Bai are already talking.

Wang Guanxi took a sip of tea and said, Try to borrow it all before the stock market opens tomorrow morning.

Yes, BOSS!

Time passed slowly, and Wang Guanxi was a little bored, so he watched the current affairs news.

At 8:55 in the evening, Ma Zai, Wang Juehao and Bai Weiqiang finally borrowed the stocks of three listed companies.

They are all from the Luo family.

Monopoly Hotel Group, Baibaoli Holdings, Century City International.

Monopoly Hotel Group borrowed 100 million shares. The current stock price is HK$2.00 per share, worth HK$200 million. Monopoly Hotels’ total share capital is HK$800 million, with a current market value of HK$1.6 billion.

Regal Hotel Group owns the Regal Airport Hotel at Hong Kong International Airport, the Regal Hong Kong Hotel in Causeway Bay, the Regal Kowloon Hotel in Tsim Sha Tsui East, the Regal Oriental Hotel in Kowloon City and the Regal Hotel in Shatin.

Baibaoli Holdings borrowed 200 million shares with a stock price of HK$1.00 per share and a value of HK$200 million. Baibaoli Holdings’ total share capital is 1.1 billion shares and its market value is currently HK$1.1 billion.

New Century International borrowed 400 million shares. The current stock price is HK$1.00 per share, worth HK$400 million. New Century International's total share capital is 3.2 billion shares, with a market value of HK$3.2 billion.

New Century International is the parent company of all listed companies of the Luo family. It owns Monopoly Hotel Group, Bailibao Holdings Company, Regal Real Estate Trust Company, Sihai International Group, Eternal Strategy, Jiahui Investment Holdings Company, and Huaxia Star Group.

The three main listed companies of the Luo family are New Century International,

Monopoly Hotel Group and Baibaoli Holdings, these three listed companies, all hold large stakes in the following listed subsidiaries.

The three major listed companies now have a combined market capitalization of HK$5.9 billion, while Black Shirt Insurance Company has borrowed shares worth a total of HK$800 million.

Ma Zai Wang Juehao said: Boss, this Luo Yinghui really lent us the stocks of three major listed companies. It seems that he wants to fight us to the death!

Bai Weiqiang also said excitedly: This time they all demand 2% monthly interest. They just want to cut our leeks and kill us.

Wu Zhankun smiled and said: Hey, this Luo family really dares to do this!

There are now two Luo families in Hong Kong. Luo Yinghui is independent from the old Luo family, which is the 19th largest financial group in Hong Kong.

However, decades ago, during the Asian financial crisis, the Luo family and his son split due to the issue of selling the company. Luo Yinghui did not want to sell the New Century International Company he founded, so he ran away independently and secretly made a hostile acquisition of his father's Regal Hotel Group. Baibaoli Holdings Company, his father severed the father-son relationship with him.

After his father died, Luo Yinghui's family was not named as the successor in his will. However, Luo Yinghui went back to fight for the inheritance left by his father, and completely fell out with several of his brothers. Their relationship was incompatible.

Wu Zhankun knows all this. His Wu family is also a wealthy family in Hong Kong. He is very aware of these wealthy affairs, but now he is forced to become independent because he lost 800 million Hong Kong dollars to his father.

At this time, Wang Guanxi said calmly: Even if they want to do it, we will naturally accompany them, and we will continue to fight with them tomorrow!

Today, the two parties had a bloody battle to form a good financial group. Blackshirt Insurance Company consumed 3 billion Hong Kong dollars in funds, and the Hung Group Protection Alliance also had a hard time.

There will be a fierce battle tomorrow.

Thinking of this, Wang Guanxi ordered: Leave a few people to keep an eye on AIG's stocks. Everyone else should go to rest. Rest tonight. Let's fight tomorrow!

Currently, Black Shirt Insurance Company is shorting American International Group, with a short position of 5 million shares, an unclosed position, and a floating profit of US$440 million. Naturally, it needs to keep an eye on the market.

Yes, BOSS! Everyone began to leave, leaving a few people staring at American International Group's stocks, because the US stock market was about to open.

Wang Guanxi also returned home and lay down early to rest.

After a busy day tonight, he was really tired. After thinking about it, he made a call to Lin Xiaoyu. It ended after 20 minutes. Then he sent Shu Jinghan good night and went to bed.

At this moment, in the Luo family villa.

Luo Yinghui, Hong Tianwen and Luo Baowen were all present.

Luo Baowen looked at her father Luo Yinghui in disbelief and asked, Dad, why did you lend the stocks of Monopoly Hotel Group, Baibaoli Holdings Company, and New Century International Company to Black Shirt Insurance Company?

“Doesn’t this make them short us?”

Why didn't you tell me beforehand?

Luo Baowen was hit hard by Wang Guanxi this morning. Her legs were bleeding. Her knees still hurt when walking. She had been resting at the Regal Hotel in Causeway Bay. She didn't expect to learn such news when she came back.

It feels so incomprehensible.

Blackshirt Insurance Company is a notorious insurance company. It operates the insurance business dishonestly and specializes in making money by shorting the stocks of listed companies. Now her father has lent his family's company stocks to Blackshirt Insurance Company for shorting. She is really 10,000 Can't figure it out.

Luo Yinghui said nonchalantly: That's nothing, I didn't borrow much stock.

For stocks worth 800 million Hong Kong dollars, the monthly interest is 2%, which amounts to 16 million Hong Kong dollars, which is pretty good.

As long as we maintain the stock price and then blow up Blackshirt Insurance Company, we can make a lot of money.

This afternoon, someone from the black shirt insurance company came to borrow stocks. He thought about it carefully and thought it was okay, even very good.

The interest rate of 2% per month is HK$16 million. This is just like picking up money, picking up HK$530,000 every day.

Although the Luo family has no extra liquidity, the financial group still has liquidity.

It can completely protect the stock prices of the three listed companies. As long as the stock prices are maintained, the high interest rates of the Black Shirt Insurance Company will be harvested day by day. How wonderful it is to cut leeks!

Their battle with the black shirt insurance company does not necessarily completely destroy the black shirt insurance company. As long as they maintain the stock price, they will win, and maintaining the stock price is not an easy matter!

So they can be said to have won by lying down.

Hong Tianwen also spoke at this time: Xiaowen, don't worry, as long as uncle is here, the black shirt insurance company will definitely die.

Our Jiehao Financial Group currently has HK$2 billion in cash.

Adding in HK$500 million from Tai Fook Securities, HK$400 million from the Yuan Family Fund, and HK$600 million from Huang Zhida, chairman of Sino Hotel Group, we have HK$3.5 billion in cash!

If possible, we can even borrow HK$500 million and raise HK$4 billion in cash. Then Blackshirt Insurance Company is doomed.

Although they consumed HK$4.275 billion in cash in the first round today, they still have a second round of cash.

This black shirt insurance company is dead!

Luo Baowen was still very worried and said: Dad, Uncle Hong, just in case, just in case...

Before she could finish her words, she was interrupted by Luo Yinghui: Okay, needless to say, everything has been loaned out. We are now in a fight with Black Shirt Insurance Company. No one can withdraw. We will fight to the death!

Seeing that his daughter was still puzzled, Luo Yinghui continued: This black-shirted insurance company can be short-selling a good financial group today, and it can be short-selling the Regal Hotel Group tomorrow. This time we are going to blow up the black-shirted insurance company and get rid of the companies in Hong Kong. Removed!

During the day today, the battle with the Black Shirt Insurance Company consumed 4.275 billion Hong Kong dollars of their cash, and the Luo Family owned 1.25 billion Hong Kong dollars. They must defeat the Black Shirt Insurance Company.

Hong Tianwen also said: Xiaowen, don't worry, we are sure of winning the Black Shirt Insurance Company.

They borrowed a total of 5.7 billion Hong Kong dollars worth of stocks and have to pay high interest every day. Sooner or later they will be unable to bear it.

This time Black Shirt Insurance Company borrowed so many stocks, worth nearly 6 billion Hong Kong dollars, and the lowest monthly interest is 90 million Hong Kong dollars!

Can you bear this?

He didn't believe how long this black-shirted insurance company could keep running!

If you want to do it, do it!

Is Hong Tianwen panicking about it?

This is just an upstart who has shorted several listed companies!

This time, we completely smashed the black shirt insurance company and removed it from the Hong Kong company. This is to eliminate pests for listed companies!

Luo Baowen was dumbfounded when she heard it!

I was shocked: Oh my god, I actually borrowed so many stocks, worth nearly 6 billion Hong Kong dollars.

This is crazy.

Now that the matter was over, she said nothing more, hoping that her father and uncles would win!

The next day is September 11th.

Wang Guanxi didn't get up until 9:30 after listening to the story. He took twice as much yogurt from the refrigerator, then went to the shop below to buy a piece of bread, and hurried to the headquarters of Black Shirt Insurance Company.

The horse boys are all here, including Huang Shaokai, Zhang Dexi, Wu Zhankun, Wang Juehao and Bai Weiqiang.

The other directors are busy with other things.

Huang Shaokai said: BOSS, last night the stock price of American International Group closed at 293 US dollars per share.

Blackshirt Insurance Company holds a short order of 5 million shares. The position is set at US$388.00 per share, and the floating profit per share is US$95. The total floating profit is US$475 million, which is US$35 million more than before, which is not bad.

The AIG Group's current market value is as high as US$243.1 billion. However, after the financial tsunami, its market value will plummet to unimaginable levels, and it will almost go bankrupt.

When the stock price of this company is at its lowest in the future, it will only be $5.53 per share. Can you imagine?

It’s no wonder that these Indians are trying to stop it. Now many financial institutions are increasing their holdings of AIG Group’s shares, because such a behemoth stock is really very popular. Of course, many institutions are selling it.

Wang Guanxi is not in a hurry at all, he can just sit back and make money.

Well, good, just keep staring.

Yes, BOSS. Huang Shaokai thought for a moment and asked, BOSS, which company's stock should we short first when the Asian stock market opens today?

Now Blackshirt Insurance has borrowed the stocks of 6 companies from the enemy.

Aeon Credit Corporation, 50 million shares, valued at 400 million.

Tai Fook Securities Company, 320 million shares, worth HK$800 million.

Sino Hotels Group, 200 million shares, worth HK$700 million.

Monopoly Hotel Group, 100 million shares, worth HK$200 million.

Baibaoli Holdings, 200 million shares, worth HK$200 million.

New Century International, 400 million shares, worth HK$400 million.

There were so many companies' stocks that Huang Shaokai didn't know which one to short first. If he shorted them all together, it would be easy to get confused.

Zhang Dexi simply said: Let's go short together, just beat them down and see how much money the other party has to protect the market!

If he wants to do it, he can do it all at once, leaving the other party in a hurry.

Wu Zhankun suddenly said: How about we short the stocks in the hotel industry first, and take the Luo family first?

The Luo family is the largest investor in this Hong family alliance, and Monopoly Hotel Group, Baibaoli Holdings, and New Century International are all Luo family companies.

The Luo family had already consumed a lot of family funds in yesterday's war, and today the Luo family was used as a breakthrough point.

Wang Juehao held a different view and said: The Luo family has no money and will be broken easily. We should first gnaw on the hard bones, such as Dafu Securities Company and Aeon Credit Company, so that we can fight them fiercely at a high position and consume as much as possible. their funds.

Then tomorrow, we will use all our strength to attack the three listed companies of the Luo family and defeat them in one fell swoop!

He thought that today he should gnaw away the hard bones and consume the other party's funds as much as possible, and then hit hard the three listed companies of the Luo family the next day. The first one to collapse would definitely be the Luo family.

Bai Weiqiang also said: I think Mr. Wang is right. Let's gnaw away the hard bones first, and then attack the three listed companies of the Luo family, hehe.

Wang Guanxi thought for a while and said: Then short Aeon Credit Company and Daifuku Securities Company first!

Yes, BOSS

··

At this moment, the building was closed, and Hong Tianwen and others gathered together.

Yuan Kang of Aeon Credit Company.

Lin Yongfu of Tai Fook Securities.

Ng Chi Tat of Sino Hotels Group.

Pan Zheng of Oceanwide Hotels Group.

Luo Yinghui of Monopoly Hotel Group.

Only Yu Qingtian of the Yinghuang Entertainment and Hotel Group is no longer there. Yesterday, the Yinghuang Group of the Yang family did not lend shares to Blackshirt Insurance Company, gave up the war with Blackshirt Insurance Company, and has retreated.

Hong Tianwen felt a little regretful, but that was also the choice of the Yang family. After all, the Yang family also supported HK$250 million through Yinghuang Entertainment Group.

Yuan Kang couldn't help but said: This Yang family is so timid.

Lin Yongfu also said: Yes, we retreated in just one day.

Huang Zhida also looked a little dissatisfied and said: It's really disappointing.

Pan Zheng also said: I thought the Yang family would persist until the final victory, but I didn't expect to give up halfway.

Luo Yinghui said calmly: It doesn't matter whether there is the Yang family or not, as long as we all go to the final victory, we are not short of the hundreds of millions of Hong Kong dollars in funds from the Yang family.

It was originally booked that the Yang family would provide another HK$400 million, but the Yang family backed down.

Hong Tianwen smiled and said: It's okay, Lao Yang guesses there is something wrong with the group. We can just take a big share of the profits from the black shirt insurance company this time.

In the end, the Yang family is still short-sighted, so whatever, I won’t take you to get rich.

At this time, Yuan Kang asked again: Which listed company of ours will the black shirt insurance company short today?

It doesn't matter what changes. When it comes, we'll do it!

Yes, they remain unchanged and adapt to all changes. Let's see how they jump!

··

At this time the stock market opened.

The first to be sold was Aeon Credit Company!

Yuan Kang's expression changed. He didn't expect that Black Shirt Insurance Company would be the first to sell off his family's company.

Come to our house, right?

I'll just fuck you!

Then Yuan Kang opened his account at Daifuku Securities Company and began to increase his holdings in Aeon Credit Company!

Blackshirt Insurance Company was selling and Yuan Kang was buying.

The stock price is shaking wildly in the range of 7.50 to 8.50.

Wang Guanxi said: Sell 250 shares each time to humiliate Yuan Kang.

It's BOSS!

So everyone sold 250 shares at a time!

250 shares!

250 shares!

There are so many selling orders for 250 shares!

On the order display screen, all orders of 250 shares were displayed. Yuan Kang was so angry when he saw this scene!

The other party is humiliating him!

Say he is 250!

He also bought 10,000 shares crazily!

10,000 shares!

10,000 shares!

Pull the stock price to 8.50 again and stop!

But Blackshirt Insurance also sold out like crazy.

Densely packed 250 orders appear!

Dozens of orders are placed at one time.

The stock price fell to 7.50 again.

Blackshirt Insurance Company stopped selling after selling 5 million shares, while Yuan Kang continued to buy, and the stock price rose to HK$9.00 per share before stopping.

I'll beat you up, you bitch!

Damn he said with a gloomy face.

Hong Tianwen quickly stopped him: Xiao Kang, calm down, the other party is irritating you, don't try to promote him!

Okay, Uncle Hong

Today, many short-term traders are involved, and retail investors with high technical level also like to lick blood.

Black Shirt Insurance Company, Wang Guanxi said: The other party is provoking us and will immediately drop the stock price to 7.00.

Yes, BOSS

Immediately everyone started smashing the market!

50,000 shares!

50,000 shares!

50,000 shares!

··

The stock price quickly hit 7.00!

Yuan Kang was overjoyed, the other party smashed the market, the other party increased the short position, it was just right to do them!

Yuan Kang also bought like crazy!

60,000 shares!

60,000 shares!

··

The stock price soon reached 9.00 before stopping!

The two sides come and go, just like playing tennis, you play, I play!

The trading volume during this period was huge!

Many ultra-short-term traders in investment banks buy lows and sell highs, or short highs and sell lows.

Because a small amount of stocks are used for securities lending, hundreds or thousands of shares can be shorted using securities lending.

Of course, if you want to short a large amount, you have to borrow stocks!

Time passed by, and the stock price fluctuated violently.