At 7 pm, in a private club in the financial circle.

Wang Guanxi, Feng Shaokun, Li Guangyu, Wu Zhanhai, Wu Zhankun, Zhang Dexi, Guo Linhai, Chen Tianqing, Zhou Tianjing, Guan Wenwei, Wu Hongsheng and others sat in a circle.

Except for Wang Guanxi, everyone was not particularly happy and looked a little haggard.

Because everyone present holds a lot of financial assets, and the recent plummeting of the financial market has caused a considerable loss of assets for everyone.

Only Wang Guanxi is here to make money. Before, everyone's net worth was much higher than Wang Guanxi, but now Wang Guanxi's net worth has also increased.

He made a lot of money shorting China Resources Beer this time.

As Wang Guanxi's securities broker, Feng Shaokun said with a smile: "I'll tell me, Guanxi shorts the stock, and that stock will plummet. He keeps shorting the stock, and that stock will always fall."

Previously, Wang Guanxi shorted BYD Electronics three times, and this time, China Resources Beer three times.

Let’s take a look. BYD Electronics’ stock price has now fallen to 2.00 yuan per share, while China Resources Beer’s stock price has also fallen from 30.00 to 10.00.

"Guanxi, you are so awesome!"

"Oh, brother, I'm convinced you!"

"Tell me some tips!"

"Tell me how you usually do it?"

Everyone admired Wang Guanxi more and more.

Wang Guanxi is so amazing!

It's the stock god.

Wang Guanxi smiled faintly: "My stock trading skills are mediocre, and I can't be considered a stock god."

When everyone heard this, they immediately knelt down!

This is not the stock god, what is this?

"Damn, you're mediocre, I'm just rubbish"

"Guanxi, you are the stock god!"

"My sage! The stock god, don't be humble!"

Everyone was filled with emotion!

This Wang Guanxi is amazing!

In particular, Zhang Dexi's Catalan Auto Insurance was sold to Wang Guanxi.

Wu Zhankun couldn't help asking: "Guanxi, are you planning to enter the insurance industry?"

"Well, yes, I plan to acquire some insurance companies," Wang Guanxi smiled and said, "Does there any insurance companies under your company be sold?"

His funds will be used to short the Hang Seng Index, while insurance companies' funds are used to short the stocks of Lehman Brothers, Aig, Citibank, and Bank of America.

Investing hundreds of millions of dollars is simply too little and requires more funds. The insurance company has a lot of cash. Unfortunately, the insurance company has investment restrictions. However, it is okay to short stocks.

Feng Shaokun shook his head: "I don't have anything to sell to the insurance company."

Guo Linhai, Guan Wenwei, Wu Hongsheng, Li Guangyu, and Zhou Tianjing also shook their heads. Insurance companies are very stable money-making companies, and under normal circumstances, there will be no major losses.

Wang Guanxi said regretfully: "That's a pity. I'm very short of insurance companies now. I still have 300 million yuan in funds, so I don't know what to use for."

The stocks that should fall now have almost fallen.

There is no shorting for stocks before the global financial tsunami.

And he would use HK$200 million and then short the Hang Seng Index when Yongheng Bank gave 100 times leverage.

So there is still 100 million Hong Kong dollars left, and he wants to acquire a small insurance company.

Try to mobilize more funds to short Lehman Brothers Bank before the financial tsunami comes.

Then short aig Group, Bank of America, and Citibank.

There are so many opportunities to make money, but there is not enough money.

If he had a trillion dollars, it would be fun.

He will short the stocks of all listed companies in the world.

At this time, Wu Zhankun smiled and said, "My current Yonglong Insurance has a market value of HK$2 billion. If you want it, you must prepare at least HK$2 billion."

Wang Guanxi is only worth 300 million yuan, and he owns 40% of the shares of Yonglong Insurance, which is worth 800 million Hong Kong dollars. Not to mention other industries, seeing Wang Guanxi's expansion, he couldn't help but pretend to be in front of this kid. Don't think that you have made a lot of money and are worth 300 million yuan, but you still can't compare with me.

Chen Tianqing also said: "Guanxi, my Asian Financial Holdings Company is also a main insurance business. Its market value is now 4 billion Hong Kong dollars, and you have to get more than 4 billion Hong Kong dollars."

Speaking of which, Chen Tianqing's Asian Financial Holdings Company also holds 30% of Yonglong Insurance, while Feng Shaokun holds 40% of Yonglong Insurance, and Indymike Bond Management Company holds 10% of Yonglong Insurance.

Asia Financial Holdings is also a financial company that mainly engages in insurance business. At present, these two insurance companies have a lot of cooperation.

Thinking of this, Chen Tianqing smiled and said, "Guanxi, just Yonglong Insurance and Asia Financial Holdings will acquire it together."

Wu Zhankun also smiled and said, "Guanxi, call me anytime when you have any ideas."

These two people are obviously teasing Wang Guanxi. Wang Guanxi is not as rich as them now, but when the financial tsunami comes, they feel good.

Then I will swallow your two insurance companies together.

Let you show off in front of me.

Thinking of this, Wang Guanxi smiled and said, "It's certain, maybe it will happen in the future."

"Haha, OK, I'll wait for you to acquire my company." Wu Zhankun smiled and said, "Guanxi, I have some bonds from Wall Street investment banks. Do you want them?"

His Winglong Insurance holds a large number of IndyMac Bank stocks and Wall Street Investment Bank bonds, which are all very stable returns.

However, there has been very bad news in the United States recently. In addition, Winglong Insurance recently lost 400 million Hong Kong dollars in stocks of China Resources Beer, China Resources Gas, and China Resources Cement. The insurance company is in trouble and liquid cash is very tight.

He hopes to sell some bonds for cash to alleviate the problem of liquidity exhaustion.

Chen Tianqing also said: "Guanxi, I also have some investment bank bonds and bank stocks in my hand. Do you want them?"

Wang Guanxi shook her head and said, "No need for this, I am only interested in insurance companies."

These two guys will have a good time in the future. They will also have the bonds and stocks of Wall Street Investment Banks, which are like holding a explosive bag.

Then everyone drank and chatted. Wang Guanxi also asked the models from Ji Yuan Model Company to come and play with him. Because they lost money, they needed to release their depression. Tonight, many people took sexy models to the hotel.

At 9 o'clock, Wang Guanxi returned home.

I drank a lot of wine tonight and my head was a little dizzy.

Take a shower and open the news.

This is a sudden news of bankruptcy.

[Indymike Bond Management Company declared bankruptcy due to huge losses]

Half an hour later, another sudden message came.

[Indymike Bank suffered a large run, and its stock price plummeted by 70%]

IndyMac Bank is the seventh largest mortgage and deposit bank in the United States, and suffered a run due to huge losses!

··

Two hours later, Indymike Bank's stock price fell by 95%, announcing a filing for bankruptcy protection!

Now Dimike Bank is the largest savings institution in US history that went bankrupt under the supervision of OTS (US Savings Agency Supervision Bureau)!

Indymike Bank's main business is to securitize mortgage loans.

Banks are in crisis due to the outbreak of the mortgage-backed securities crisis, and hundreds of people demand withdrawals outside the Indymike Bank in Southern California.

Oh my God, another bank went bankrupt, and the bank's bond management company went bankrupt.

Many American banks and American bond underwriters have sold toxic subprime bonds all over the world, and there are many buyers in Hong Kong.

I don't know which institutions I've cheated on.

Usually retail investors will not buy these bonds, they buy stocks of financial institutions, and these financial institutions buy combination bonds of Wall Street.

Of course, there are pensions, insurance companies, and even sovereign funds and government departments.

Wall Street's portfolio bonds are sold to these institutions.

After thinking about it, Wang Guanxi still searched for some news and found that Indy Mac Bank and Indy Mac Bond Management have many customers in Asia.

There are also news reports that IndyMac Bank has a deep cooperation with Winglong Insurance, but the specific cooperation does not seem to be announced.

Then, after checking the public shareholders of the listed company Yonglong Insurance, we found that Indy Mac Bond Management Company, which holds 10% of the shares of Yonglong Insurance.

Now Wu Zhankun is over.

I don’t know what the price of Winglong Insurance will fall in the market.

This Winglong Insurance must have bought Indy Mac Bank bonds, and maybe even stocks.

Double negative news, Yonglong Insurance will not suffer heavy losses.

Shaking his head, Wang Guanxi began to rest.

At this moment, in a villa, Chen Tianqing's face changed drastically after seeing the news that Indy Mac Bank, the seventh largest mortgage bank in the United States, went bankrupt!
To be continued...