396 Three funds have huge floating profits and liquidate short positions in Bank of America!(1/3)
"It's the boss" then the horsemen went to count the floating profits.
Wang Guanxi leaned on the sofa chair with some fatigue, closing his eyes and looking at him.
This time, I shorted Wells Fargo, a total of 250 million shares. For two nights, everyone was fighting in the financial market, which made people feel excited.
Now the task of shorting Wells Fargo has come to an end for the time being, and the bulls in the market have collapsed and are trapped.
The next step is to collect the money while lying down.
Wells Fargo's stock price will continue to fall in the future.
The financial crisis is still intensifying, and the stock prices of Wells Fargo, Citibank, Bank of America, and HSBC have not yet fallen to the bottom.
At this time, Huang Shaokai walked over excitedly and said, "Boss, our No. 3 fund has a floating profit of US$1.5 billion."
This time, the fund No. 3 shorted 250 million Wells Fargo shares, with an average position building at US$20 per share.
Now Wells Fargo's share price has fallen to $14 per share, with a floating profit of $6 per share, and 250 million shares, which is a floating profit of $1.5 billion.
1.5 billion US dollars, based on Hong Kong dollars, that is 11.6 billion Hong Kong dollars.
"Boss, our profits exceed 10 billion in a single day!" Zhang Dexi almost jumped up excitedly.
"Boss, the account net value of Fund No. 3 is as high as US$7.3 billion." Wu Zhankun was even more excited.
Wang Guanxi was also very satisfied, "It's very good. The net value of this No. 3 fund is US$7.3 billion, which is HK$56.5 billion."
Wang Juehao also said excitedly: "Boss, HK$56.5 billion, is completely arrogant to the top ten consortiums in Hong Kong."
Bai Weiqiang also said: "Our old rival Huang's Consortium and Zheng's Consortium are probably not as much as the assets of the No. 3 Fund."
The market value of the Huang Consortium and the Zheng Consortium are still shrinking and sluggish.
In fact, it can already be out of the top ten consortiums.
However, they hold a large amount of real estate assets. Once the real estate industry recovers, their assets will soon expand and then pay off their debts, and the market value of the two consortium companies will also rebound rapidly.
Wang Guanxi smiled faintly: "Huang Consortium and Zheng Consortium, after we finish our work, we must repair them well."
In the previous financial war, the Hong family alliance was over, and the Huang family consortium and the Zheng family consortium were also severely damaged. The financial crisis put them on the verge of breaking the capital chain. Now they are busy saving themselves and joining forces with Wang Guanxi's opponents to suppress the development of the Black Shirt Group. Wang Guanxi is also busy investing and making money. After he finishes his work, Emperor Ken will repair the Huang family consortium and the Zheng family consortium.
"This Huang family consortium and Zheng family consortium have been hooking up with Shangri-La Hotel Group, Blackshirt Destroy Alliance, Sumitomo Insurance under Sumitomo Consortium, Alla Consortium in the Philippines, and the seven major financial giants in India, and are against us."
"In the future, we will set up real estate companies, retail companies, freight companies, logistics companies, and jewelry companies to seize the business of Huang's consortium and Zheng's consortium."
"Let me see how much money they have to fight us!"
After saying that, Wang Guanxi grabbed the teacup with all his strength.
Huang Shaokai smiled and said, "Boss, now the net value of our Fund No. 1, Fund No. 2, Fund No. 3, and Fund No. 4 has crushed them."
Fund No. 1 holds shares in Huntington Bank and shares in Amazon.
Fund No. 2 shorted Citibank.
Fund No. 3 shorted Wells Fargo.
Fund No. 4 shorted Bank of America.
Their net worth adds up to a huge amount.
And tonight, Citibank and Bank of America, like Wells Fargo, have also seen their share prices plummet.
Wang Guanxi asked: "I have counted the floating profits of Fund No. 2 and Fund No. 4"
"Yes, boss" Huang Shaokai and others hurried to count.
Soon Huang Shaokai shouted excitedly: "Boss, Citibank's stock price has fallen to US$45 per share, and the No. 2 fund's floating profit is US$1.5 billion."
The fund No. 2 shorted 60 million shares, with a position building at US$70 per share.
Floating earnings per share are $25, 60 million shares, that is $1.5 billion.
The principal was 3.465 billion yuan, plus the floating profit of US$1.5 billion, the net value of the account reached US$4.965 billion.
Wang Guanxi was very happy: "It's very good. I hope the net value of the fund will exceed 5 billion US dollars tomorrow!"
Huang Shaokai said excitedly, "Boss, the share price of Citibank is still falling, and the No. 2 Fund will definitely break through the net worth of US$5 billion."
Wang Guanxi then asked, "Where is the No. 4 Fund?"
Fund No. 4 shorted Bank of America, and the stock price of Bank of America fell a lot tonight.
At this time, Zhang Dexi said excitedly: "Boss, the stock price of Bank of America has fallen to US$12 per share, and the No. 4 fund has a floating profit of US$1.04 billion."
Fund No. 4 shorted 40 million shares, with a position building at US$38.00 per share, which was borrowed from Imperial Bank of India.
The floating profit per share was US$26, with a total floating profit of US$1.04 billion.
The principal amount was US$1.52 billion, of which US$320 million was borrowed from the Indian Bank of Varoda, Indian Overseas Bank, and United Bank of India.
The net value of the account is now as high as US$2.56 billion.
Wang Guanxi took the teacup with joy on his face, took a sip, and said, "The floating profit is 1.04 billion US dollars, which is very good. The short order of the Bank of America company has also been closed."
The time for shorting Bank of America started on October 3, 2008, and more than three months have passed.
The 40 million shares of Bank of America were borrowed at the time, at the time, worth $1.52 billion, and the interest was paid to Imperial Bank of India every month.
Three months are counted as US$68.4 million, which is counted as HK$530 million.
It's a huge expense.
"Yes, boss!" Everyone was looking forward to it.
"I hope Bank of America's stock price will continue to fall tomorrow!"
"Today's Bank of America's stock price fell from $15 to $12, a drop of up to 20%, with a trading volume of 200 million shares!"
“Many financial institutions are selling stocks of Bank of America”
"I hope to continue selling tomorrow, so we can close the position."
"Hehe, this Imperial Bank of India, United Bank of India must have suffered a lot."
"That's natural. Before, Jirayu Amin from United Bank of India came to stop us. Now the stock price of Bank of America has dropped from $38 to $12 today. I don't know how much money they are losing in their account."
When the fund shorted the Bank of America, it was strongly blocked by Jirayu Amin of the United Bank of India. After a big battle between the two sides, they won.
The book profit was $1.02 billion, and the United Bank of India would also have to lose at least $1 billion.
Wang Guanxi said with a smile: "Jilayu? Amin, this curly hair, was so arrogant last time when we came to block us. He said to me on the phone, 'I will notify you officially'. It's funny to think about it."
"Now, the curly hair has lost so much on the books and must be crying and dizzy in the toilet."
Huang Shao smiled and said, "Boss, and this Indian curly lost a lot of money on the books this time. I don't know if I will negotiate settlement with me."
Wang Guanxi: "I heard that this curly hair has made a lot of money in other places recently, and I don't know if it is true."
Zhang Dexi said: "Boss, is it true, Jirayu Amin of the United Bank of India has made more than one billion dollars recently."
Wang Guanxi was stunned: "This curly hair is still a little capable."
Wu Zhankun smiled and said, "Boss, United Bank of India holds 100 million shares of the Bank of America. Now he has a loss of at least $2 billion on his books. He is not enough to make more than one billion dollars."
Wang Guanxi nodded: "Yes."
At that time, Jilayu Amin's curly hair was very arrogant. Now the book loss is more than 2 billion US dollars, and I don't know what the curly hair looks like now.
At this time, Wang Juehao asked: "Boss, I don't know if this curly hair will settle the shares of Bank of America with me?"
Bai Weiqiang: "It should be done, just wait and see."
Wang Guanxi thought for a while and said, "Call this Curly and tell Jilayu Amin that we can settle the shares of Bank of America at the market price."
The fund will be closed on the No. 4, and closing the position will cause the stock price of Bank of America to rise. The best way is to settle directly with the United Bank of India at the market price.
In this way, you can get a little more.
If that Jilayu? Aming knows the situation, settle the settlement as soon as possible.
"Yes, boss" then called Jirayu Amin, president of the Asia-Pacific of United Bank of India.
Jilayu Amin wanted to talk to Wang Guanxi in person, so he handed the phone to Wang Guanxi.
Wang Guanxi teased: "Mr. Jirayu Amin, I heard that your United Bank of India has lost $2 billion in the US Bank of America?"
Jilayu Amin corrected: "It's not $2 billion, but $2.5 billion."
Their United Bank of India holds 100 million shares of Bank of America, with a position built at US$37 per share. Now the stock price has fallen to US$12 per share, and the losses are extremely heavy!
It has already lost $2.5 billion.
Wang Guanxi said with a smile: "2.5 billion US dollars, I also made a floating profit of 2.5 billion US dollars."
Jilayu Amin smiled: "You just borrowed 40 million shares of Imperial Bank of India. You can make a profit of 2.5 billion US dollars, you really know how to brag."
After saying a few words, Wang Guanxi said: "The price of US$12 per share is settled. If you Indian United Bank wants to reduce the losses, you agree to this price."
Jilayu Amin spoke on the phone: "The price of $12 per share is settled. If you think I am a beggar, I will get at least $15, so I will consider it."
Wang Guanxi joked: "Haha, I'll consider that $15 per share, and I'll give you the answer in a few days."
Jilayu Amin suddenly laughed: "Wang Guanxi, I'm joking with you, are you taking it seriously?"
To be continued...