I went home at 7 pm and had dinner.

Wang Guanxi opened the stock trend chart of Caijing Toys.

Today is Monday and the stock market closed early.

Its share price fell from 0.70 to HK$0.65 per share, and its market value shrank from 840 million to HK$780 million.

"You must wait for it to fall below HK$0.60 per share to buy at the bottom"

“It’s not the time yet!”

He must wait until the stock price of Caijing Toys falls below 0.60 yuan, and then enter the market to buy at the bottom. If it does not fall below 0.60 yuan, he will not enter the market.

You must hold it back and don't be anxious.

Then he looked at the world current affairs news again, and the subprime mortgage crisis was intensifying.

On March 13, the content of Goldman Sachs' internal emails came out, and investors and hedge funds pulled their investments out of Bear Stearns as if they had a flash flood. At this time, Bear Stearns CEO Allen BC interviewed, insisting that there was no pressure on liquidity, let alone the liquidity crisis.

On March 14, Schwartz returned to New York to convene a high-level meeting and had to face up to the problem of liquidity loss. Schwartz contacted Jamie Dimon that night in despair.

On March 15, Bear Stearns suffered a crazy run.

On March 16, Bear Stearns' share price had fallen to $2.84 per share.

On March 17, Morgan Bank announced that it would acquire Bear Stearns at a price of $2 per share and a total price of $236 million. The acquisition price is 1% of the market value of Bear Stearns 24 billion. It was unanimously opposed by Bear Stearns shareholders. The agreement was not reached, and Bear Stearns was about to go bankrupt.

"Oh, Bear Stearn is finished"

Founded in 1923, Bear Stearns is the fifth largest investment bank on Wall Street. It is a world-leading financial services company. It has created a continuous profit record for 83 years for governments, enterprises, institutions and individuals!

Bear Stearns has invested too much in mortgage debt and derivatives markets. As an underwriter in the US bond market and issuer of derivatives, when the subprime mortgage crisis broke out, the US real estate suffered a severe impact. Bear Stearns suffered serious losses, and customers withdrew their funds one after another. Just the day before yesterday, hedge funds drew $17 billion in cash, causing Bear Stearns to fall into a liquidity crisis. The stock price fell into a dog, and bond defaults, and many customers around the world also suffered heavy losses.

Wang Guanxi recalled the various events that occurred in the subprime mortgage crisis and major events that will happen in the future, and planned the blueprint for wealth in her mind.

In the future, he will use Hong Kong as a springboard to establish his own invisible consortium around the world. One day, he will become the top power figure in the world's abyss kingdom. What are Bill Gates, Warren Buffett, and the super rich people on the Forbes list. They are all characters on the previous stage. The real big shot behind the world behind is the real awesome.

On September 14, the financial crisis swept the world. He would short the Hang Seng Index and dig his first pot of gold, at least more than a few billion.

"All half a year is left, come on and make money and find ways to gather funds. It is best to have more than 100 million Hong Kong dollars."

Wang Guanxi fell asleep with anticipation.

Unlike Wang Guanxi, Hong Kong and Yongheng Securities are still brightly lit and they are trading US stocks.

Because of Bear Stearns, Yongheng Securities has suffered huge losses recently, mortgage mortgage bonds default, Bear Stearns' stock has plummeted, Yongheng Securities' investment in the United States has suffered a lot, and was implicated by Bear Stearns, resulting in the company's investment being unable to recover, and the company's cash flow has also fallen into a dilemma. In addition, many customers have to redeem their investment products due to the subprime mortgage crisis, and their company has also fallen into a temporary liquidity crisis, because many investments are long-term investments and are difficult to recover in a short period of time.

In the securities department, Feng Shaokun looked worried. This time, he was responsible for the investment in the United States, protecting Bear Stearns a series of mortgage bond investments. This time he was finished, which put Yongheng Securities in a crisis. He was scolded by his elders at home and asked him to sell Bear Stearns' stocks quickly. However, he did not plan to sell Bear Stearns' stocks. He lost so much. Is it meaningful to sell it? He could only bet that Bear Stearns was rescued.

"Manager, several major customers have requested redemption of the product, and the current cash of our securities company is not enough to pay."

"Do we want to sell some assets?" asked an investment manager named Liu Yongfeng.

Feng Shaokun fell into a tangle and contradiction.

After thinking about it, he said, "Sell the stocks of Hong Kong listed companies we hold."

Liu Yongfeng asked: "Manager, will Caijing toys be thrown away?"

After Feng Shaokun looked at Caijing Toy's stock, he said, "Don't sell it for the time being, keep it."

Then he continued to instruct: "Sell the stocks of other companies."

"Selling will start tomorrow and make up for the company's current cash first."

Liu Yongfeng nodded: "Yes, manager"

··

On March 18, Hong Kong stock market opened on Tuesday.

The Hang Seng Index fell by 300 points.

Today, Asian stock markets also fell collectively.

The stock of Caijing Player Company also fell sharply from 0.70 yuan per share to 0.60 yuan per share.

Wang Guanxi was very happy to see that the stock price of Caijing Toys Company finally fell below 0.6 yuan per share.

"The market opens tomorrow, you can try to buy at the bottom!"

He clearly remembers that its stock price will reach more than 1.5 yuan per share before the end of this month!

Then he returned home happily and continued to make up for his homework with Shu Jinghan.

··

As for Yongheng Securities Company, Feng Shaokun looked at the stock price of Caijing Toys Company, which also fell by 14% today. His face was a little gloomy and he regretted not selling stocks today.

Liu Yongfeng asked carefully: "Manager, Caijing Toys Company's stock fell 14% today. Do we still hold it?"

Feng Shaokun thought for a while: "Sell a part"

"Okay, manager"

The next day, March 19th, Wednesday.

Yongheng Securities began to sell its shares of Caijing Toys Company, causing Caijing Toys Company's stock price to fall all the way.

It soon fell to 0.50 yuan per share, with the stock price falling by 16%.

In just 20 minutes, the stock price fell so much that it could not stand the sale.

At St. Paul's School, Wang Guanxi was very happy when he saw this scene and immediately started buying stocks of Caijing Toys.

500,000 shares!

500,000 shares!

····

I bought 8 million shares in the morning and 2 million shares in the afternoon, and took over many stocks sold by Yongheng Securities.

Today, the share price of Caijing Toys Company first fell to 0.40 yuan per share, but was pulled up by Wang Guanxi and rose to 0.60 yuan per share.

He bought a total of 10 million shares, with an average position building at 0.50 yuan per share, worth HK$5 million.

Because Wang Guanxi is a customer of Yongheng Securities Company, Feng Shaokun also knew that Wang Guanxi bought the stock of Caijing Toys, and that Wang Guanxi was a high-level buyer, which made him very happy, so he called Wang Guanxi.

Wang Guanxi learned that Feng Shaokun sold so many stocks at the lowest level and bought so many stocks from the bottom. Feng Shaokun was simply a magical assist, and Wang Guanxi was also very happy.
Chapter completed!