Rebirth of the Financial Crisis Sweeping the World
Two hundred and sixty dives of 600 points, a net worth of 8.6 billion! 4 people lost everything!
Chapter 260 260 Diving 600 points Net worth 8.6 billion! Four people lost everything!
The next day, September 23, was Tuesday morning.
It rained heavily.
Wang Guanxi was sleeping in the big bed of Hong Kong Island Royal Hotel. He looked at the time and saw that it was already 8:30, so he got up slowly, washed up and went to the dining room.
Most of the executive directors of Blackshirt Investment Bank and Blackshirt Insurance Company are here.
Today, Oceanwide Hotel Group has become a listed company under Blackshirt Hotel Holdings.
The executive directors of Blackshirt Investment Bank and Blackshirt Insurance Company all have Diamond Cards of the Royal Hotel. If you stay at the Royal Hotel, you can get reimbursement from the company. This is a benefit for the horse boys.
Other executives and employees of the Black Shirt Group can get discounts here for accommodation, lunch, and dinner.
This is the support of Blackshirt Investment Bank and Blackshirt Insurance Company to Oceanwide Hotel Group.
Huang Shaokai, Wu Zhankun, Zhang Dexi, Wu Zhanhai, Lu Jianyan, Lane Smith and others were all dining in the restaurant and talking about the financial situation.
Seeing Wang Guanxi, everyone excitedly shouted: BOSS!
Yes. Wang Guanxi nodded and came over to sit down. The waiters served a delicious breakfast, including whole wheat bread pudding, scallop and vegetable porridge, sandwiches, and kefir. It was quite rich.
This whole wheat bread pudding tastes really good. Wang Guanxi ate spoonful after spoonful.
Wheat bread pudding is a mixture of whole wheat bread, eggs, fresh milk, cinnamon, avocado, pecans, and raisins. It is Wang Guanxi's favorite breakfast.
Then he said to the female supervisor who was waiting at the side: From now on, I will add this to my breakfast menu every day.
He has the Supreme Card of the Royal Hotel, and his usual consumption is reimbursed by the insurance of Blackshirt Investment Bank or Blackshirt Insurance Company, while the same is true for other Ma Zai.
Of course, there is no limit to the reimbursement amount for his consumption at the Royal Hotel, but the mazai have limits, so they can't be allowed to spend as much as they want, right?
Therefore, the reimbursement at the Royal Hotel is limited every month.
Okay, Mr. Wang. The female supervisor nodded quickly. She just knew that this gentleman's surname was Wang and that he had a strong identity. He was the most distinguished guest of Oceanwide Hotel Group and had the hotel's Supreme Card.
Huang Shaokai, Wu Zhankun and others also requested such breakfast.
Because they usually like to work night shifts and may not rest until 12 o'clock, they also like to stay at the Huangyue Hotel during workdays.
Okay, gentlemen the female supervisor nodded quickly.
These VIPs all have diamond cards.
His status is also extremely noble.
While eating breakfast, Wang Guanxi asked: The U.S. stock market plummeted last night. What happened to the stock prices of AIG Group and Washington Mutual Bank?
Huang Shaokai said excitedly: BOSS, AIG Group's stock price fell to 46 US dollars per share, and Blackshirt Insurance Company's floating profit was 1.71 billion US dollars.
Wu Zhanhai said excitedly: Washington Mutual Bank's stock price fell to US$1.5 per share, and Blackshirt Investment Bank made a profit of US$180 million.
Very good. After Wang Guanxi ate a piece of sandwich, he continued: This time the stock price of AIG Group drops to 30 US dollars per share, we will close the position again.
As for Washington Mutual, just wait until it goes bankrupt.
This time the White House's US$700 billion bailout plan encountered resistance, causing the stock market to plummet!
AIG Group's stock price will continue to fall.
And Washington Mutual was just waiting for it to go bankrupt.
Zhang Dexi said excitedly: Industrial Trust and Investment Bank of India, India Pension Fund, Tata Consortium, and Jiehao Financial Group will suffer terrible losses this time, haha.
Wu Zhankun echoed: Yes, yes.
Lane Smith said: The global stock market is going to plummet again. The U.S. stock market fell so badly last night, and Asian stock markets will also plummet today.
Wang Guanxi smiled and said: Yes, the Hong Kong stock market will definitely dive when it opens today.
Wu Zhanhai said excitedly: Today will be a nightmare for Minghui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities!
He already knows that these four securities companies are long the Hang Seng Index.
I was still long yesterday afternoon.
Then the U.S. stock market plummeted in the evening. It goes without saying that the Hong Kong stock market plummeted today.
These four securities companies are seeking death if they go against Black Shirt Investment Bank.
Lu Jianyan also said: I heard from their insiders that they plan to jointly acquire Black Shirt Investment Bank, haha, these idiots
Wu Zhankun: It would be weird if they didn't die this time.
Huang Shaokai chuckled: I hope the Hang Seng Index will jump 500 points when it opens.
Wang Guanxi smiled and said: The Hang Seng Index should have fallen by more than 500 points today. Anyway, they are really finished this time.
These idiots even dreamed of acquiring Black Shirt Investment Bank, so they were literally pinched in the head.
··
At this moment, Zhang Huiming, Qian Mingyuan, Jia Baowei, Jin Xu and others were having breakfast at the Chinese Hotel. They couldn't sleep all night last night.
The U.S. stock market plummeted last night, which means that the Hong Kong stock market will also plummet today.
Their account holds 60,000 long orders on the Hang Seng Index. The position is at 19950. A one-point fluctuation is a profit or loss of HK$3 million.
If the Hang Seng Index gapped more than 333 points, they would have lost more than HK$1 billion.
Zhang Huiming said: I hope the Hong Kong stock market opens today. Will the Hang Seng Index dive?
The U.S. stock market has fallen so miserably. Needless to say, the Hang Seng Index will plummet today. I hope it doesn’t happen. Zhang Huiming invested HK$500 million this time, which was invested by his most trustworthy clients. It would be really bad if he loses!
His client is Zheng Qifei, the chairman of Huada Hotel Group. He wants to make a comeback by investing in the stock market. If he fails, he may be doomed.
Qian Mingyuan sighed: It's really unlucky. I don't know how many points the Hang Seng Index will fall today?
This time they mobilized a total of 2 billion Hong Kong dollars in funds to operate the Hang Seng Index. Under the 100 times leverage provided by the Imperial Bank of India, they went long 60,000 lots of the Hang Seng Index and spent 600 million Hong Kong dollars in margin.
There is still HK$1.4 billion in available funds in the account, so it should be able to survive.
Thinking of this, he said: We still have 1.4 billion Hong Kong dollars in available funds in our account, so it should be fine, right?
Now he is really worried that his position will be liquidated today.
It should be no problem, Jia Baowei said: As long as the Hang Seng Index falls below 466 points today, our account will not be liquidated.
A one-point fluctuation for 60,000 lots is HK$3 million, and HK$1.4 billion can resist 466 points. He thinks it can be resisted.
Jin Xu also said: I hope so. Damn it, the U.S. stock market is so deceptive. A good plan of 700 billion U.S. dollars has been hindered.
If the US$700 billion rescue plan had not been blocked last night, the US stock market would have continued to surge last night, but it encountered resistance.
He was so angry.
At this time, Blackshirt Investment Bank expressed its opinion: The US$700 billion bailout plan temporarily stopped the bleeding on Wall Street last week, but the sharp decline in the US stock market on Monday will wake people up again, and Wall Street is still in turmoil.
Blackshirt Insurance Company: Since there are uncertainties in the bailout plan and the asset black holes of financial institutions, the market may continue to fluctuate, and it is recommended to short the stock market.
Both Blackshirt Investment Bank and Blackshirt Insurance Company are betting against the stock market, which will undoubtedly pour cold water on Asian investors who plan to buy the stock market at the bottom.
Mingpao: The Dow Jones index closed down 3.3% on Monday, and everyone is beginning to lose confidence in the US$700 billion bailout.
Wenhui Zaobao: Last week was mainly about market panic. The rescue measures are still useful to prevent extreme panic in the market. But the basic problem has not been solved, so it should fall. The basic problem is that the economy is already in recession or on the verge of recession.
Sing Tao Daily: Paulson's bailout plan treats the symptoms rather than the root cause, and economic problems cannot be easily solved by the government issuing a policy.
More than two months ago, the government passed a bill to rescue the housing market. Adding this US$700 billion, the total is almost US$1 trillion. Exactly how the Treasury Department will do this, who they will buy assets from, and at what price they will buy them. Without those details, the market reacted today.
Zhang Huiming said firmly: The US$700 billion will definitely pass, otherwise the market will completely collapse.
Qian Mingyuan, Jia Baowei and Jin Xu also agreed.
As long as we resist, we'll be fine.
Don't panic!
When the US$700 billion rescue plan is passed, global stock markets will inevitably surge.
Then the news came again.
After the US government introduced a US$700 billion rescue plan, the British government may consider spending 200 billion pounds to rescue the banking industry on the verge of crisis.
Zhang Huiming smiled and said: It will definitely pass, and the global stock market will be saved.
Qian Mingyuan: This is good for the stock market. The Hang Seng Index will not plummet too much today.
Jia Baowei: Yeah, I think so too.
Jin Xu: The British government invested 200 billion pounds, which is also a very huge amount. The good news is that the Hang Seng Index closed at 19,950 last night. I think it won't fall too much today, maybe 200 points.
He feels that the Hang Seng Index will not fall too much today and they are safe.
Time flies by.
At 10 a.m., the Hong Kong stock market opened.
The Hang Seng Index plunged!
Gapped 600 points!
Opening at 19350!
The faces of Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu changed drastically!
No!!
no no!
Grass!
How is that possible! He's paralyzed!
They never expected that the Hang Seng Index would plunge 600 points at the opening. This was like a hammer on their heads. Their heads were completely blank!
Because the Hang Seng Index jumped 600 points, the joint trading accounts of Minghui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities were all liquidated in an instant.
Losing HK$1.8 billion in seconds!
The net value of the account is HK$200 million left!
Then 60,000 long orders on the Hang Seng Index were forcibly closed by the Imperial Bank of India.
Then the Hang Seng Index continued to fall!
Soon it fell another 100 points from 19350 to 19250!
Their 60,000 Hang Seng Index long orders had an average closing position of 19,300, a total loss of 650 points, a total loss of HK$1.95 billion, and HK$50 million left in their account.
Zhang Huiming looked at the computer screen in pain, Why is this happening? Why did it jump 600 points!
He really couldn't imagine why the Hang Seng Index would jump 600 points!
The HK$500 million he invested this time was money from Zheng Qifei, chairman of Huada Hotel Group. Now there is HK$12.5 million left of the HK$500 million.
His whole body was shaking.
How should he face Zheng Qifei next?
Zheng Qifei invested 500 million Hong Kong dollars and agreed to make a profit of 28%. Now he has 12.5 million Hong Kong dollars left.
Yeah!!
well!
Zhang Huiming collapsed on the ground for a while, looking extremely confused.
Qian Mingyuan looked at the computer sadly without saying a word. He invested HK$500 million, but now he still has HK$12.5 million left, a loss of 97.5%!
Sweat ran down his back.
500 million Hong Kong dollars, which has already cost him half of his net worth.
damn it!
His eyes were filled with hatred, and he wanted to smash the computer.
Jia Baowei looked at the Hang Seng Index trend chart with a pale face, and cold sweat broke out on his forehead. Of the 500 million Hong Kong dollars, he still had 12.5 million Hong Kong dollars left, which was nearly half of his worth. How could he go back and explain to his wife.
What a shame, the Hang Seng Index has jumped 600 points in this crazy day!
How should I go back and explain?
This is half of my belongings, just gone!
Fuck you, uncle, you bastard! Jin Xu's fingers cracked. The loss this time was extremely tragic. 500 million Hong Kong dollars were gone in an instant. He felt extremely uncomfortable in his heart.
This 500 million Hong Kong dollars was earned through hard work and over a long period of time, but he did not expect to lose it all at once on the Hang Seng Index.
This is like a person who works and saves money. He saves money for two years and gambles it all away in one go.
Yesterday, the four people were still thinking about acquiring Blackshirt Investment Bank, and regarded Blackshirt Investment Bank as a fat pig to be slaughtered.
Unexpectedly, I found out today that they were stewed in a pot.
At this moment, Zhang Huiming's phone rang. It was Zheng Qifei, the chairman of Huada Hotel Group. He quickly answered the call and said in a trembling voice: Hello
On the phone, Zheng Qifei learned that the Hang Seng Index plummeted today. He asked anxiously: How is the situation now?
Yesterday afternoon, Zhang Huiming told him to buy the Hang Seng Index, but today the TM Hang Seng Index plummeted so many points, wouldn't the 500 million Hong Kong dollars he invested be ruined?
Zhang Huiming said apologetically: It's over this time. My account has been liquidated. I lost all my money. I still have 12.5 million Hong Kong dollars left. Lao Zheng, I'm sorry. Alas, it's my fault.
On the phone, Zheng Qifei heard that there was 12.5 million Hong Kong dollars left in his account. He suddenly became anxious and asked angrily: Zhang Huiming, didn't you say that you can make steady money? Cao Nima has lost nearly 500 million now. Hong Kong dollars, Lao Tzu, Lao Tzu, TM’s...”
He was panting heavily and couldn't breathe smoothly.
This 500 million Hong Kong dollars cost him half his life. Now his company is in great difficulty. He wanted to turn around in the stock market, make a lot of money, and then make up for the shortfall. Unexpectedly, 500 million Hong Kong dollars were lost like this. What a waste. What should he do?
Zhang Huiming sighed: Old Zheng, please don't get excited yet.
···
At this moment, Wang Guanxi of the Black Shirt Investment Bank was overjoyed as he watched the Hang Seng Index plummet to 19,250.
Cool!
It's so damn cool!
There was a floating profit of 700 points in the account, totaling a floating profit of HK$2.1 billion.
The net value of the account has reached HK$8.6 billion.
The Hang Seng Index was so impressive today. It gapped 600 points at the opening and then dropped another 100 points, making him huge profits.
Wu Zhanhai on the side said excitedly: BOSS, the Hang Seng Index has fallen so hard!
He never expected that the Hang Seng Index jumped 600 points and opened at 19,350. Then not long after the opening, it fell another 100 points, falling to 19,250. It fell so violently.
And BOSS shorted 60,000 lots of Hang Seng Index yesterday afternoon and made a huge profit.
Wu Hongsheng also said: This time the Hang Seng Index fell so miserably, Minghui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities probably all lost their positions, haha.
Yesterday, Minghui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities went against Blackshirt Investment Bank and bought the Hang Seng Index. Now it's better. The Hang Seng Index has fallen so many points. It can be imagined that these four companies How badly the company suffered.
Li Guangyu also said: These four companies are seeking death by opposing us. I heard that they also want to acquire Black Shirt Investment Bank. Damn it. It's almost enough for us to acquire them now.
He laughed when he thought of learning yesterday that these villains were planning to acquire Black Shirt Investment Bank.
Two of these four securities companies are very competitive with Blackshirt Investment Bank. It would be very good if Blackshirt Investment Bank acquires them.
Lu Jianyan also said: They must have liquidated their positions. They must have lost at least 2 billion Hong Kong dollars this time. Haha, look how these guys come to provoke us!
The Hang Seng Index has fallen by so many points. It would be strange if Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu didn't cry to death.
To be honest, he and Jia Baowei's Baowei Securities Company have long been in conflict. His Koala Financial Group once competed with Baowei Securities Company for a company's IPO, but was robbed by Baowei Securities Company and wasted. Koala Financial Group spends a lot of time and energy.
If Baowei Securities Company explodes this time, it will be very relieved.
Guan Zhenyi also said: We will call them later to discuss the acquisition.
If these four securities companies all suffer huge losses, then we can talk about the purchase price.
Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu lost so much money. If you give them a suitable price, these people will definitely sell the securities company.
Otherwise, if they compete with the black-shirted investment banks, their living space will be further squeezed. Their annual commissions will not be much, and they will not be able to make much money. These four people will definitely be aware of current affairs.
Lin Jiyang also said: Hey, Minghui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities will be ours. How about we call over and ask?
The combined customer assets of these four securities companies are quite large, which is suitable for Blackshirt Investment Bank to acquire and expand the customer assets of Blackshirt Investment Bank.
Now Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu will definitely feel uncomfortable, discouraged, and depressed, right? Then they might as well stop doing finance, sell the company, and change careers.
Wang Guanxi smiled and said: Call them and ask them if they have any idea of selling the securities company to us!
Now Blackshirt Investment Bank continues to expand its client assets. The bigger the customer assets, the better. In the future, Blackshirt Investment Bank's commissions will also increase. This brokerage business is very stable and basically will not lose money.
Of course, if the trading volume of customers is very small, then the securities department may really lose money.
However, the probability is extremely small.
For example, with 5 billion client assets and hundreds of employees, a lot of expenses are incurred in a year. If the commission income cannot cover the expenses, the securities company will naturally lose money.
But with 50 billion customer assets, or 500 billion customer assets, and only 500 employees, or 1,000 employees, the expenses are far less than the commission income, and the securities company's profits will be very high.
Wu Zhanhai immediately called Zhang Huiming. The two knew each other as competitors and had phone numbers and phone numbers with each other.
The call was quickly connected, and Wu Zhanhai asked Zhang Huiming if he was interested in selling it to Minghui Securities Company, and the price was negotiable.
Zhang Huiming's tone on the phone was very weak.
After Wu Zhanhai mentioned a specific price, he said: Mr. Zhang, what do you think of this offer? We have acquired your four securities companies together.
Zhang Huiming became silent and wanted to agree, but he also wanted a higher price.
At this time, Feroz Sanghavi, President of the Hong Kong Branch of the Imperial Bank of India, said: Mr. Zhang, don't rush to agree. Think about it.
These are Hui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities. But he has set his sights on his prey. How could he let Black Shirt Investment Bank acquire them? Haha, get out!
Thinking of how he had been humiliated by a boy in sunglasses, Lu Jianyan, Guan Zhenyi, Lin Jiyang and others at Koala International Investment Bank, he became very angry. He vowed that one day he would blow up the black-shirted investment bank and get back what was originally his at a bargain price. s things!
Zhang Huiming then told Wu Zhanhai on the phone to think about it, but five minutes later, when they called again, Zhang Huiming refused on the phone. The other three, Qian Mingyuan, Jia Baowei, and Jin Xu, also refused. Very determined, there is nothing to talk about.
After ending the call, Wu Zhanhai said helplessly: These four guys don't want to sell, they seem to be planning to start over!
When we were on the phone just now, Zhang Huiming and others seemed to be planning to start the Hang Seng Index again, just to make money on the Hang Seng Index. He could understand the psychology of gamblers, because he used to be one of these gamblers.
Wang Guanxi was stunned and said with a smile: Are they planning to start over?
This is a good thing. How can they continue to lose money if they don't start over?
Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu no longer continue to work on the Hang Seng Index and are honestly engaged in brokerage business. Blackshirt Investment Bank will have to spend a lot of money to acquire them.
Now, Wang Guanxi hopes that these four people will borrow money to turn around. When they lose all their money, Minghui Securities, Mingyuan Securities, Baowei Securities, and Jinxu Securities will not be able to catch them!
When these four people are heavily in debt, they still have to beg to sell the company.
Now these four people are irresponsible, arrogant and unwilling to sell the securities company. I understand, I understand, Wang Guanxi hopes they will continue.
Then Wang Guanxi looked at the trend chart of the Hang Seng Index and found that it was supported and began to rise, quickly reaching the 19,350 position.
Wang Guanxi shook his head, came to the sofa chair, and started making tea.
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