Rebirth of the Financial Crisis Sweeping the World

Huang Shaokai: BOSS, we haven't counted yet

Zhang Dexi: It has fallen too fast and there are many sub-accounts. At present, we have not calculated the average position of opening a position.

Wu Zhankun: “It is necessary to calculate the profits of each sub-account”

Wang Guanxi: Hurry up, figure it out quickly

Yes, BOSS. Then the team went to count the profits of each sub-account.

It was quickly figured out.

The total profits of all sub-accounts of Fund No. 2 are very large.

Wang Guanxi asked: How many billions of dollars?

Huang Shaokai said excitedly: BOSS, this time our No. 2 Fund has a floating profit of US$1.2 billion.

This time, Fund No. 2 shorted a total of 60 million shares, with an average position of $70 per share, and a floating profit of $20 per share, for a total floating profit of $1.2 billion.

1.2 billion US dollars, that’s 9.3 billion Hong Kong dollars, which is close to 10 billion Hong Kong dollars.

Wang Guanxi nodded: 1.2 billion US dollars, very good.

Zhang Dexi couldn't help shouting: In less than two days, the profit will be nearly 10 billion Hong Kong dollars.

Wu Zhankun also said: It's been a long time since I've had such fun making money.

Wang Juehao also said: Yes, our operation on Citibank is quite perfect.

After looking at Citibank's stock price, Bai Weiqiang said excitedly: I dare say that Citibank's stock price will not return to 60 US dollars per share in the next few months.

Wang Guanxi nodded and said with a smile: Actually, in the next few years, Citibank's stock price will not return to US$60 per share!

When the horses heard this, they were shocked.

Then Wang Guanxi said: This time the Citibank matter has come to an end for the time being. When it reaches the lowest point, we will close our position.

Yes, BOSS Everyone was looking forward to it.

At this time, Wang Guanxi's phone rang. When he looked at it, he found that it was Nehru from an Indian private pension fund.

When the call was connected, Wang Guanxi smiled and asked: Nehru, what's the matter?

Citibank shares fell below critical support at $60 a share tonight.

It fell out of control.

The bulls collapsed tonight, and a large number of bulls were trapped,

Financial institutions holding Citibank shares in the market suffered heavy losses, including their old rival Nehru.

Nehru asked on the phone: Citibank's stock price plummeted tonight. Are you the one who has been smashing the market?

Citibank's stock price fell too hard today, especially when it fell below the key support level of $60 per share, which frightened him to the extreme.

Currently, Indian private pension funds hold a total of 10 million shares, with an average position of $96 per share, and a floating loss of $46 per share, for a total floating loss of $460 million.

It really hurt his heart.

But he didn't understand the reason. Who did it?

It was most likely Wang Guanxi who did it.

But Wang Guanxi made the stock gods of the Persian Gulf unable to protect the market. It was really puzzling to him and felt incredible.

How many Citibank shares did Wang Guanxi borrow to short-sell?

At this time Wang Guanxi said: We were the ones who broke the market.

how? Do you want to negotiate the settlement price with us?

Nehru asked: I'm not here to negotiate the settlement price with you. I will always hold Citibank shares!

Wang Guanxi asked: Then you called?

By the way, how many shares have you shorted?

Wang Guanxi said calmly: 100 million shares, what's the matter?

Nehru was shocked: You actually shorted 100 million shares?

At this moment, Nehru thought it might be true!

Otherwise, Citibank's bulls wouldn't have collapsed.

You are so rich!

You shorted 100 million shares this time and made $2 billion, right?

Speaking of this, Nehru was filled with jealousy.

Wang Guanxi smiled lightly: It's just a small amount of money. Does Nehru need to make such a fuss? Are you jealous?

Nehru also laughed: Do I need to be jealous of you?

I've never been jealous of anyone!

As I said before, don't boast even a little bit. Complacency will lead to overthrow. I think if you continue like this, you will suffer a huge loss.

We'll see! After ending the phone call, Wang Guanxi shook his head and said, This is such a bad thing, you really believe that I shorted 100 million shares!

At this time, the phone rang again. It was Sandeep Batra from Industrial Trust Investment Bank of India.

Wang Guanxi shook his head and answered the call, asking: Sandeep Batra, why are you calling me?

Are you here to negotiate the settlement of Citibank shares?

Sandeep Batra chuckled: I said that I will hold Citibank shares for more than ten years and will not sell Citibank shares.

Industrial Trust Investment Bank of India currently holds a total of 12 million shares of Citibank shares, with an average position of $127 per share.

The loss on the books was US$87 per share, bringing the total loss to US$1.044 billion.

He would not settle the stock after losing so much money.

He will keep holding on, and sooner or later Citibank's stock price will rise back.

Now he could only comfort himself in this way.

At this time, Wang Guanxi asked again: Then why are you calling?

Sandeep Batra said, I was going to talk to you about the settlement price on Wells Fargo.

Wells Fargo Bank? Wang Guanxi was stunned.

Fund No. 3 is currently shorting 100 million shares of Wells Fargo, of which 50 million shares were borrowed from Industrial Trust Investment Bank of India.

Well, I want to settle Wells Fargo stock with you, Sandeep Batra said,

Bank stocks have been falling recently, and Wells Fargo's stock price has fallen a lot.

Wells Fargo's stock price has dropped to $21 per share.

The Bank of India Industrial Trust holds 50 million shares of Wells Fargo, with an average position of $22 per share, and a floating loss of $1 per share on the books, representing a floating loss of $50 million.

Now he plans to settle Wells Fargo shares with Wang Guanxi.

Wang Guanxi, if you close Wells Fargo's short order, Wells Fargo's stock will rise sharply. How about our settlement price of $25 per share?

If the settlement price is maintained at US$25 per share, Industrial Trust Investment Bank of India can still earn US$3 per share, or US$150 million on 50 million shares.

Bank stocks have been falling recently, especially Citibank, Bank of America Corporation, and HSBC Hong Kong.

Wells Fargo will definitely fall in the future.

So he wanted to close his position first and make some money on Wells Fargo. If he wanted to buy it back later, he could just buy it again.

However, the stock was lent to Wang Guanxi for shorting and the position could not be closed, but the stock could be settled directly with Wang Guanxi at the same price.

Wang Guanxi said: Sandeep, Mr. Batra, I don't plan to close my position in Wells Fargo Bank yet. I plan to continue to hold the short position in Wells Fargo Bank.

This time Fund No. 3 shorted 100 million shares, with a position of $40 per share, and a floating profit of $19 per share in the account, for a total floating profit of $1.9 billion.

This time the principal was US$3.4 billion, and the net value of the account was as high as US$5.3 billion.

Sandeep Batra did not expect Wang Guanxi to be so greedy and asked: Wang Guanxi, you have made a lot of money from Wells Fargo, isn't it enough?

You shorted 100 million shares and now you've made more than $1.5 billion, right?

You won't suffer much loss if you settle 50 million shares at the current price of 25 US dollars per share!

Wang Guanxi said calmly: It's not 1.5 billion US dollars, but 1.9 billion US dollars, but it's too little. How can I be satisfied with this small amount of money!

When Sandeep Batra heard Wang Guanxi pretending to be sexy, his heart was hammered and he felt very unhappy.

For him, 1.9 billion US dollars was already a lot, but Wang Guanxi just said it was small money in front of him!

Worri!

Sandeep Batra felt depressed and asked, Wang Guanxi, are you so confident that Wells Fargo's stock price will fall?

Wang Guanxi smiled and said: Of course.

Sandeep Batra chuckled: Let me tell you, the Bank of Baroda in India, which previously blocked your Wells Fargo Bank, is considering increasing its holdings in Wells Fargo Bank shares!

Wang Guanxi was stunned. When he shorted Wells Fargo, he was blocked by the Bank of Baroda in India, and the two sides fought.

Now Wang Guanxi is the winner.

Wells Fargo has fallen to $21 per share, and India's Bank of Baroda has suffered heavy losses.

Unexpectedly, Bank of Baroda, India

Really? You're not bluffing me, are you?

Sandeep Batra smiled hypocritically and said, I'm not fooling you. Anand Mahindra of Bank of Baroda in India is considering increasing his holdings in Wells Fargo!

But you should settle the 50 million shares with me, otherwise the bearded Anand Mahindra will increase his holdings in Wells Fargo and the profits in your account will be lost.

Wang Guanxi said nonchalantly: Anand Mahindra? Haha, let him come, I will take over!

What impressed him most about Anand Mahindra was his big beard. He liked to pull his beard when he was free. He had a battle with him on Wells Fargo Bank, and Wang Guanxi won a big victory.

If he doesn't accept it, come and have a fight with Wells Fargo!

Sandeep Batra was furious in his heart and said sweetly: My friend, you are really confident. Don't worry, I will defeat you sooner or later and let you go.

Wang Guanxi laughed: Then I'll wait and see.

Then let's go and see. After Sandeep Batra ended the phone call, he immediately called Anand Mahindra of the Bank of Baroda in India.

Then the two parties met for coffee.

In fact, the relationship between the two is average, and there is even competition and conflict.

But everyone has an enemy, and that is Wang Guanxi.

Anand Mahindra touched his beard and said, I will consider your proposal carefully.

The Bank of Baroda in India holds 100 million shares of Wells Fargo Bank. The position was established at US$40.00 per share, and the loss per share was as high as US$19, for a total floating loss of US$1.9 billion.

Sandeep Batra said: Anand Mahindra, it's up to you this time. This grandson of Wang Guanxi is becoming more and more arrogant and arrogant. He actually said that US$1.9 billion is small money in front of me. I really want to punch him in the mouth and smash the mouth of this bastard.

He feels uncomfortable in his chest when Wang Guanxi pretends to be sexy in front of him.

Anand Mahinde said: This Wang Guanxi is arrogant after making a little money, and the US$1.9 billion is small money. I feel uncomfortable hearing it.

1.9 billion US dollars is a small amount of money. With this tone, haha, he couldn't help but want to slap this pretender in the face.

He's recently made billions of dollars elsewhere, and it's been fraught with risk.

But if he increases his holdings in Wells Fargo now, he still has to think carefully.

He thought for a while and made a call to the people at United Bank of India, Indian Overseas Bank, and Imperial Bank of India.

Let’s briefly talk about Wells Fargo Bank.

The other party said they would consider it,

After ending the phone call, Anand Mahinde fell into deep thought.

Feroze Sanghavi of Imperial Bank of India, Raju Shroff of Indian Overseas Bank, and Girayu Amin of Union Bank of India are all busy making money elsewhere. They say they are considering it, but He felt the three men were not interested in Wells Fargo stock.

I opened the Wells Fargo stock price chart and found that Wells Fargo's stock price fell by $1 again, to $20 per share.

Wells Fargo's stock price dropped to $20 per share. Damn it!

It's not easy to increase holdings here. I'll continue to wait and see if Wells Fargo's stock price will fall below $20 per share!

··

At this moment, in the center of the black shirt,

Wang Guanxi stared at Wells Fargo's stock carefully.

He found that Wells Fargo could still make a difference.

Close the position first, and then look for opportunities to go short!

And now Wells Fargo's stock price is still very weak, just like Citibank's stock price.

Thinking of this, Wang Guanxi said: Get ready to clear out Wells Fargo's stocks.

Yes, BOSS

Time passes slowly.

The broader U.S. stock market indexes also fell, with the Dow Jones, Nasdaq, and S\u0026P also falling.

Wells Fargo's stock price fell below $20 per share!

This is a very critical support position, and the bulls' defense line is broken here.

There was a massive sell-off immediately.

Gradually it dropped to $19 per share and it didn’t stop!

Keep falling!

At the close, it fell to $18 per share.

Fund No. 3 had a profit of US$2.2 billion on its books.

The highest trading volume of Wells Fargo's stock today was 240 million shares.

Wang Guanxi said: We can clear our positions when the market opens tomorrow night.

Yes, BOSS Everyone was looking forward to it.

The next day, Friday night, January 9, the U.S. stock market opened, and Wells Fargo's stock price jumped $2, opening at $16 per share.

The market is flooded with sell orders.

Wang Guanxi was overjoyed and said: Slowly close the position.

Yes, BOSS Everyone immediately began to close their positions.

500,000 shares!

500,000 shares!

···

Wells Fargo's stock price still fell, as low as $14 per share.

Then the selling orders on the market decreased, and with Fund No. 3 liquidating its positions, Wells Fargo's stock price rose to $16 per share.

50 million shares have been sold!

At this time, the number of selling orders on the market increased again, and the rise in stock prices was suppressed. This was a good opportunity for Wang Guanxi to clear his position with a large amount of money!

Wang Guanxi shouted: Increase the position and close the position!

Yes, BOSS everyone hurriedly executed!

A big liquidation!

1 million shares!

1 million shares!

··

After the liquidation of Fund No. 3 was completed, the stock price of Wells Fargo surged from US$16 per share to US$18 per share.

Wang Guanxi asked: How much did Fund No. 3 make this time?

Huang Shaokai quickly said: BOSS, we are currently counting the profits of each account of Fund No. 3.

Wang Guanxi nodded: Speed ​​up.

This time, a total of 100 million shares were shorted, and all positions have been closed, because closing short positions is equivalent to buying in the market.

Closing the short position of 100 million shares is equivalent to buying 100 million shares in the market.

Fortunately, there were a lot of selling orders on Wells Fargo, allowing Wang Guanxi’s Fund No. 3 to close its position smoothly.

He did not expect that the position closing would be so smooth.

Perhaps it has something to do with the plummeting U.S. stock market. Many investors in the market have sold off stock assets.

And large financial institutions like Wells Fargo are naturally the best targets for selling.

This makes Wang Guanxi cheaper.

However, because Fund No. 3 closed out its short position of 100 million shares and wiped out all the selling orders in the market, Wells Fargo's stock price has become stronger, and a large number of investors have come to buy Wells Fargo's stock at the bottom.

Wang Guanxi is now eager to know the results of this short bet on Wells Fargo.

Because he also plans to short Wells Fargo.

Hurry up and do the statistics, I'm also going to short Wells Fargo!

It's BOSS. Huang Shaokai and others hurriedly went to do it.

Then the accounts managed by various horse boys reported their numbers one after another.

Soon the total profits of Wells Fargo were calculated.

Zhang Dexi said excitedly: BOSS, this time we gained a total of 2.4 billion US dollars.

This time, Fund No. 3 shorted 100 million shares of Wells Fargo Bank. The opening position was $40 per share and the closing position was $16 per share.

Gains of $24 per share, 100 million shares, that is $2.4 billion.

US$2.4 billion, that’s HK$18.6 billion.

Unimaginable.

Wang Guanxi was overjoyed: Very good

Huang Shaokai asked: BOSS, do we want to repay the US$3.4 billion loan from Wing Hang Bank?

The principal amount for shorting Wells Fargo this time was US$3.4 billion, all of which was borrowed from Wing Hang Bank. For this purpose, Blackshirt Insurance Company was also mortgaged to Wing Hang Bank.

This time, the profit from shorting Wells Fargo was US$2.4 billion, and the No. 3 fund account already had a net worth of US$5.8 billion.

This kind of cash flow is very huge, ranking proudly among the top ten financial groups in Hong Kong.

However, there are also a lot of liabilities, and the daily interest is very high. These interests are all maintained by the revenue of Blackshirt Insurance Company and Blackshirt Investment Bank.

Now the $5.8 billion in free cash can be used to pay down some debt.

Wang Guanxi thought for a while and said, No need for the time being. Yongheng Bank is not short of funds now and is very stable. We can just continue to maintain the debt and there is no need to rush to pay back the money.

Feng Shaokun did not urge him to repay the US$3.4 billion short-term loan from Wing Hang Bank, so there was no rush. Anyway, he could earn a lot of interest every day.

Wang Guanxi is also happy to use the money to make money in the financial market.

At this time, Zhang Dexi also said: We still owe US$320 million to the Bank of Baroda, Indian Overseas Bank and Union Bank of India. Do we have to repay it now?

When they shorted Bank of America Corporation before, their funding gap was as high as US$320 million, so they borrowed US$320 million from three banks in India: Bank of Baroda, Indian Overseas Bank, and Union Bank of India.

Wang Guanxi sneered: Indians are not in a hurry to pay back their money.

Wu Zhankun also asked: What about the US$750 million loan from Bank of East Asia?

Previously, Wang Guanxi acquired the equity of Huntington Bank from American International Group, and the funds for the acquisition were borrowed from the Bank of East Asia.

Wang Guanxi said: Don't worry, Li Mingbin of the Bank of East Asia is not short of money now, let's take these funds first, we still have short positions!

Today is still a period of financial crisis, so naturally the more funds Wang Guanxi has in his hands, the better, so that he can make more money.

Wang Juehao asked: BOSS, do we still want to short Wells Fargo?

Wells Fargo's stock price has risen to $19.5 per share.

Wang Guanxi nodded: Yes, short Wells Fargo, but now is not the time, the position is not good.

Let's wait until Wells Fargo's stock price rises above $20 per share, then continue to borrow Wells Fargo stock.

Previously, I borrowed 20 million shares from UBS Group, 20 million shares from BlackRock Group, 50 million shares from Industrial Trust and Investment Bank of India, and 10 million shares from American International Group, for a total of 100 million shares to short Wells Fargo. Now I have closed my position and the stock has been All returned to them.

But Wang Guanxi plans to continue borrowing.

At this time, the phone rang again. It was Sandeep Batra from Industrial Trust and Investment Bank of India. Wang Guanxi answered the call and asked, What's the matter?

This is the second time Sandeep Batra called. He wanted to settle with Wang Guanxi at a price of US$25 per share, but Wang Guanxi refused.

Subsequently, Wells Fargo's stock price continued to fall, falling below $20 per share and all the way to the lowest of $14 per share. Selling in the market was very fierce.

It was precisely because of the large number of selling orders that Wang Guanxi was able to successfully close his position.

The average closing position was $16 per share, and the settlement price proposed by Sandeep Batra was $25 per share.

That's a total difference of $9.

Fortunately, Wang Guanxi did not settle with him at a price of US$25, otherwise he would have lost US$900 million in profit.

Mr. Sandeep Batra, are you here to settle stocks with me again?

On the phone, Sandeep Batra felt a little angry. Wang Guanxi had already closed his position and returned the 50 million shares to him, and now he was deliberately making fun of him!

Worri!

He immediately said: Now that Wells Fargo's stock price has reached 20 US dollars per share, you have sold out Wells Fargo's shares. You must be no longer optimistic about the subsequent decline in Wells Fargo's stock price, right?

Uh? Wang Guanxi was stunned. He cleared Wells Fargo's short position, not because he was not optimistic that Wells Fargo's stock price would not fall in the future!

So Wang Guanxi asked: Sandeep Batra, what exactly do you want to say?

Sandeep Batra asked: Should you have made a lot of money this time? More than 2 billion US dollars?

Wang Guanxi said calmly: Not much, just a small amount of US$2.4 billion.

2.4 billion U.S. dollars of small money?? Sandeep Batra suddenly suffered a heavy blow in his heart, as if his heart had been hammered, and he was extremely uncomfortable!

This Wang Guanxi deliberately pretended to be sexy with him!

Worri!

At this time, Wang Guanxi asked: Why did you call me?

Sandeep Batra said: If you close your position, you are definitely not optimistic that Wells Fargo's stock price will continue to fall in the future.

“Are you planning to buy the bottom of Wells Fargo?”

Betting on Wells Fargo at the bottom? Wang Guanxi was stunned. He had such a plan, but it was just a matter of the future. Now he wants to go short, okay?

At this time, Sandeep Batra continued: I want to sell you the 50 million shares of Wells Fargo Bank held by our Industrial Trust Investment Bank of India at a price of US$22 per share!

how?

Wang Guanxi said calmly: I am not interested in buying Wells Fargo shares now!

Sandeep Batra didn't understand what Wang Guanxi meant, thinking that Wang Guanxi thought the price was too high, so he continued: Now the stock price of Wells Fargo has reached 20 US dollars per share, which is just 2 US dollars more. You made 24 100 million US dollars, this little money, do you need to be so stingy?”

Wang Guanxi said emphatically to Sandeep Batra on the phone: I really have no intention of buying Wells Fargo at the bottom. Let me tell you, I will continue to short Wells Fargo now!

What? Continue to short Wells Fargo? Sandeep Batra was surprised in his heart, and then he said in an awkward tone: Okay, that's it.

It turned out that he made a mistake, but now he needs some money, and he thinks that Wells Fargo's stock price will fall below $20 per share in the future, so he is eager to sell Wells Fargo's shares.

When Wells Fargo's stock price drops to a lower level in the future, he will buy it back.

After the call ended, Sandeep Batra set his sights on Wells Fargo's stock price.

Now Wells Fargo's stock price has risen sharply with the rise of the three major U.S. market indexes, and now it has reached $21 per share.

He felt a little relieved.

Their Industrial Trust Investment Bank of India holds 50 million shares of Wells Fargo, with a position of $22 per share, and a maximum floating loss of $400 million.

Wells Fargo's stock price has rebounded sharply, rising to US$21 per share, and it still has a floating loss of US$50 million on its books.

After Wells Fargo acquired Wachovia, it was dragged down by Wachovia, and he was no longer very optimistic about the future prospects.

He now wants to sell all Wells Fargo shares, but he doesn't want to lose money. It's best to make some money.

Wells Fargo's stock price is now at $21 per share. If it goes up another $1, I won't lose money in my account.

“Wells Fargo’s stock price has risen so much. Is it possible that a financial institution is buying the dip?”

Time passed by, and Wells Fargo's stock price was still rising. By the closing time, it had reached $22 per share.

Industrial Trust and Investment Bank of India has no floating losses on its books.

This made Sandeep Batra very happy. He murmured to himself: Wang Guanxi, Wang Guanxi, you kid is still planning to short Wells Fargo. Just give it a try. I hope the bulls in the market will kill you.

In the Blackshirt Center, in the trading room, Wang Guanxi and others were extremely surprised when they saw that Wells Fargo had reached $22 per share.

Huang Shaokai asked: BOSS, the stock price of Wells Fargo is really strong!

Zhang Dexi also said: Citibank and Bank of America are the same as Wells Fargo, and their stock prices have risen a lot.

Wu Zhankun: BOSS, are we going to short Wells Fargo next week?

Wang Guanxi said: Of course, after midnight tonight, the U.S. stock market surged, which led to the rebound of bank stocks. Next Monday will be a good time for short selling.

Wang Juehao also said: BOSS, do we want to borrow stocks now?

Wang Guanxi: It's very late now. Take a rest and call again tomorrow, Saturday or Sunday.

Bai Weiqiang suddenly said: BOSS, the Industrial Trust and Investment Bank of India may sell Wells Fargo's shares next Monday. Why don't we ask them to borrow it over the weekend? Once they lend it to us, they won't be able to close the position.

When Wang Guanxi heard this, he immediately felt that it made sense.

Sandeep Batra called him twice before, just to sell off the Wells Fargo shares held by Industrial Trust Investment Bank of India. This shows how eager this guy is.

But now Wells Fargo's stock price has surged up again. The stock price is at US$22 per share. I guess there are no floating losses on the books of Industrial Trust Investment Bank of India, right?

Sandeep Batra must be looking forward to the subsequent rise in Wells Fargo's stock price.

He must have become very confident in his heart.

Thinking of this, Wang Guanxi immediately called Sandeep Batra, and the call was quickly connected.

On the phone, Sandeep Batra yawned and asked sleepily: Mr. Wang, what's the matter?

Wang Guanxi said: Mr. Sandeep Batra, I plan to borrow Wells Fargo shares from your Industrial Trust Investment Bank of India.

Sandeep Batra laughed inwardly: I also plan to sell Wells Fargo shares. If I don't want to borrow them anymore, you can find someone else.

Wang Guanxi was stunned and asked, Are you really not optimistic about Wells Fargo's future prospects?

Sandeep Batra: After Wells Fargo acquired Wachovia, it was dragged down by Wachovia. Maybe it will be the next Citibank!

He was deeply trapped in Citibank. This trap may last for several years, or even longer, but it's okay. As long as he doesn't close the position, the losses on the book will not be realized. He can just hold on to it.

Wang Guanxi smiled and said, You have no confidence like this? Wells Fargo acquired Wachovia Bank and became the world's super bank, with assets exceeding one trillion US dollars. Do you have no confidence like this?

Speaking of Wachovia, Wang Guanxi is still very proud. Blackshirt Investment Bank bought Wachovia at the bottom when it was on the verge of bankruptcy, and then made a lot of money.

In the future, Wells Fargo once became the bank with the highest market capitalization in the world. He planned to buy Wells Fargo at the bottom, but unfortunately now he wanted to go short.

But Sandeep Batra couldn't see it.

Then Wang Guanxi said: Why are you selling Wells Fargo shares? It's too late for others to increase their holdings!

Sandeep Batra was speechless and said, This is not a matter of confidence. Damn it, I am worried that it will follow in the footsteps of Citibank!

Citibank, Industrial Trust Bank of India, Indian Private Pension Fund, and Persian Gulf stockists all suffered heavy losses.

Citibank's stock price is still below $55 per share.

Because Wells Fargo acquired Wachovia and was dragged down, he had little confidence.

Wang Guanxi said: What are you afraid of? No, lend me Wells Fargo stock to short sell, and you can still earn interest.

Sandeep Batra still refused: You'd better ask someone else to borrow it, I'm going to bed.

After ending the call, Wang Guanxi was speechless.

This Sandeep Batra is so cowardly!

Forget it, let someone else borrow it.

The next day, Saturday, January 10, Wang Guanxi got up at 11 noon and came to the trading room.

Borrow Wells Fargo shares again with UBS, BlackRock, and American International Group!

Previously, the short position of Wells Fargo was to borrow 20 million shares from UBS, 20 million shares from BlackRock, 50 million shares from Industrial Trust and Investment Bank of India, and 10 million shares from American International Group, for a total of 100 million shares.

This time Sandeep Batra of Industrial Trust and Investment Bank of India is no longer borrowing money and plans to sell Wells Fargo shares.

I had no choice but to continue borrowing from old acquaintances UBS, BlackRock, and American International Group.

These financial institutions are all long-term shareholders of Wells Fargo and will not care about the immediate rise or fall.

Lending stocks to Wang Guanxi could also earn interest, so they lent them again.

In this way, Wang Guanxi's Fund No. 3 obtained another 50 million shares worth US$1.1 billion, with monthly interest of US$16.5 million.

In total, that’s HK$127 million.

It's only 50 million shares, and Fund 3 has US$5.8 billion, which is far from enough. Wang Guanxi sat on the boss's chair, drinking champagne and looking at the Victoria Harbor in the distance.

At this time, a piece of news attracted Wang Guanxi's attention.

[Stock God Buffett suffered the biggest hit in 23 years, and was trapped in a deep pocket of US$28 billion by bargain hunting]

Whether he succeeds in buying the bottom or makes a mistake, Buffett is destined to become one of the protagonists of this financial crisis.

However, so far, the stock god seems to be playing more of a negative role.

Buffett was deeply trapped in Goldman Sachs and General Electric when he was bargain hunting; he faced the risk of huge losses when betting on stock index futures contracts, and the sharp drop in Berkshire Hathaway's stock price on Wednesday was undoubtedly another tragedy.

Huang Shaokai said excitedly: BOSS, Buffett has suffered heavy losses.

Zhang Dexi said: Berkshire Hathaway is a long-term shareholder of Wells Fargo, and we can borrow Wells Fargo shares from it.

Wu Zhankun asked: Will Buffett borrow Wells Fargo shares?

Wang Juehao: I will definitely borrow it. If I don't borrow, the stock price will fall and the assets will shrink. If I borrow, I can still get some interest.

Bai Weiqiang also echoed: Yes, I will definitely borrow it. Buffett is a long-term shareholder of Wells Fargo and will not sell his stocks. If you give him interest, he will definitely want it.

Wang Guanxi thought for a while and said: Then go and ask. If that doesn't work, ask Stephen Stano, chairman of Huntington Bank in Ohio, to contact Buffett's company and say that we want to borrow Wells Fargo shares!

Yes, BOSS So the horses went to do it one after another.

As a result, Buffett could not be contacted, so he had to ask Stephen Stano, the newly appointed chairman of Huntington Bank, to contact Buffett's assistant.

Stephen Stano said to Wang Guanxi on the phone: BOSS, I know Buffett's secretary. Don't worry, I will help you borrow the stocks.

Stephen Stano is Wang Guanxi's mascot in the United States. He currently serves as the CEO and chairman of Huntington Bank and is responsible for handling the affairs of Huntington Bank.

Prepare for Wang Guanxi’s future deployment of large American conglomerates.

Wang Guanxi nodded: Well, okay, I will go to the United States in a while, and we will discuss it in detail then.

He has to be busy for a while recently. He will go to the United States in February to start planning and invest in Facebook, Twitter, Tesla, SpaceX, whastapp...

Okay, BOSS! Then Stephen Stano went to contact Buffett's secretary.