166 short 200 million shares, black shirt insurance wars Asian financial holdings(1/3)
At this time, Chu Jianming, chairman of Kanghong Global Insurance, and Chen Tianqing, director of Asia Financial Holdings, also came. The two were full of glory. It was obvious that they had encountered many good things recently.
Chu Jianming and Chen Tianqing saw Wang Guanxi and Huang Shaokai and immediately walked over to say hello.
Last time, Hong Kong Blackshirt Insurance Company sold the portfolio bonds to Kanghong Global Insurance at a 40% discount, and Chu Jianming liked them quite a lot.
"Mr. Wang, Mr. Huang, what a coincidence, are there any discounted bonds? Let's sell them to me together."
"Ha ha"
“Those bonds have appreciated recently”
It’s such a fool to sell him a combination of 500 million yuan, 300 million yuan. He continues to like such a fool and do business with such a fool.
Now he holds a lot of bonds and stocks issued by banks on Wall Street and the United States, which is very stable.
Chen Tianqing also said, "Wang Guanxi, if you have good bonds, remember to come and find me when you want to discount them. We can cooperate well."
Wang Guanxi smiled and said, "It must be, it must be."
At 9:30 pm, Wang Guanxi and Huang Shaokai left the Central Financial Private Club.
I sold the 200 million CNOOC stocks under Black Shirt Insurance tonight at the market price, but I still got a good harvest.
Currently, the total liabilities of Blackshirt Insurance are 3.7 billion, total assets of 3.7 billion, liability reserves of 2 billion, financial assets of 1.1 billion, and current cash of 600 million.
Net assets 0.
Now he still has 600 million in liquid cash, so he can short the stocks of other listed companies.
When thinking of shorting, Wang Guanxi thought of Chen Tianqing's Asian Financial Holdings Company, an insurance company. Wang Guanxi has been staring at it for a long time.
I don’t know how its stock price is, so Wang Guanxi opened the stock trend chart of Asia Financial Holdings and was immediately happy.
Recently, the Hang Seng Index has plummeted, and the stock price of the Asian Financial Holdings Company has risen to 5 yuan per share, with a market value of over 5 billion, which is fun and fun.
The stock price is so high that you can short it.
Thinking of this, Wang Guanxi said to Huang Shao beside him: "Mr. Huang, start shorting the stocks of Asian Financial Holdings Company tomorrow."
"Okay, boss, I'll call the broker to ask the broker to borrow stocks." Huang Shaokai was a little excited.
This time, shorting Asia Financial Holdings may be a big surprise. To be honest, Wu Zhankun, executive director of Hong Kong Blackshirt Insurance Company, disliked Chen Tianqing very much because Chen Tianqing had shorted Yonglong Insurance, and he had always been worried about Wu Zhankun.
This opportunity is here.
After thinking about it, Wang Guanxi came up with an idea and spoke: "I'll ask Kang Hong Global Insurance to borrow that stock."
This time he wants to drag Kanghong Global Insurance into the water. If Kanghong Global Insurance is not dragged into the water, Wang Guanxi will not have the chance to acquire him. He must make it suffer heavy losses.
Huang Shaokai asked in confusion: "Boss, Kanghong Global Insurance is a major shareholder of Asian Financial Holdings. When we asked it to borrow stocks to short, they would definitely know it as soon as possible and would definitely fight us in the market."
Wang Guanxi smiled and said, "I just let them know at the first time and then fight with us in the market so that we can consume their funds."
Asia Financial Holdings knows that Blackshirt Insurance Company is shorting it, and it will definitely mobilize working capital to fight Blackshirt Insurance Company. Wang Guanxi is going to consume their working capital.
"Yes, boss" Huang Shaokai hurriedly returned to the private club and then found Chu Jianming, chairman of Kanghong Global Insurance, and wanted to borrow the stock of Asia Financial Holdings.
When Chu Jianming heard this, he knew that Huang Shaokai borrowed the stocks of Asia Financial Holdings to short Asia Financial Holdings. What a good guy, he actually asked him, the major shareholder, to borrow stocks?
This is clearly a letter of war.
Kanghong Global Insurance has a very good relationship with Asia Financial Holdings and has been working together for many years.
What is Hong Kong Blackshirt Insurance Company? If you want to fight, you will fight.
"You are going to borrow 100 million shares?"
Huang Shaokai nodded: "Yes, Mr. Chu, if the interest is concerned, it will be based on the market interest."
Chu Jianming waved his hand: "Okay, I'll lend you 200 million shares, do you want it?"
He also holds 200 million shares. If he lends it out, he can get a lot of interest every day. As long as he lets the Asian Financial Holdings company maintain the share price.
Then collect interest every day and make the Blackshirt Insurance Company lose money!
Huang Shaokai heard this and said, "Mr. Chu, wait a moment, I'll consider it."
"Okay, then you think about it." Chu Jianming smiled, thinking that Huang Shaokai was like a fool.
So Huang Shaokai called Wang Guanxi.
He answered, and said, "Boss, Chu Jianming said he was borrowing 200 million shares to us."
"Okay, then there are 200 million shares, let's do it!" Wang Guanxi said, "Borrow it now, don't let him regret it."
"Okay, boss" then Huang Shaokai borrowed 200 million shares and signed a special agreement. When the black shirt insurance company's margin was insufficient, the 200 million shares would be returned to Kanghong Global Insurance at the market price.
Wang Guanxi felt that the funds were not enough, so he needed to call Feng Shaokun and asked him to borrow HK$200 million to the Black Shirt Insurance Company.
Without saying a word, Feng Shaokun asked Yongheng Bank to borrow HK$200 million to Blackshirt Insurance Company.
In this way, Wang Guanxi's Black Shirt Insurance Company gathered 800 million Hong Kong dollars in funds.
Chen Tianqing also learned that Wang Guanxi's black shirt insurance company was going to short his Asian finance. He immediately laughed: "This kid likes to short all day long and has set his sights on my company. This time I made the black shirt insurance company lose to death."
Chu Jianming, who was standing beside him, smiled and said, "Brother Chen, don't be careless."
Chen Tianqing laughed: "Brother Chu, don't worry, as long as I maintain the stock price, they will be done. Let's cut the leeks of the Black Shirt Insurance Company together. These 200 million shares are worth HK$1 billion. Let's see how many days of interest they can withstand."
"Haha, that's right" Chu Jianming charges interest every day.
Of course, no interest is charged on Saturdays and weekends, which means that it is charged on financial trading days. The daily interest is a considerable income.
The next day, August 8th, Friday.
Wang Guanxi got up very early and then came to Blackshirt Insurance Company. Now the headquarters of Blackshirt Insurance Company is temporarily placed in the former headquarters of Winglong Insurance Company.
After the merger of Catal Auto Insurance and Winglong Insurance, the office locations of the five executive directors of Catal Auto Insurance began to move out of their original office addresses, on the 15th floor of Yonglong Building.
Although Wing Lung Bank was acquired by China Merchants Bank, the name of Wing Lung Building has not been changed.
Because the building is too long to be used up, there are still many companies here to settle here.
Blackshirt Insurance is holding a board meeting.
Zhang Youde, Mu Honglie, Chen Xuezhen, Wei Weicheng, Huang Shaokai, and Wu Zhankun.
The content of the meeting discussion was to short Asian Financial Holdings.
Wu Zhankun was particularly excited. His Yonglong Insurance Company was shorted by Chen Tianqing, a sinister guy.
Thinking of this, Wu Zhankun spoke: "Stop the stock price and kill it."
"I must get it broken this time"
Everyone was discussing short selling plans.
As for Asian Financial Holdings, Chen Tianqing also mobilized funds and fought with Hong Kong Blackshirt Insurance Company at any time.
Chen Tianqing was very excited at this moment, and Chu Jianming, who was beside him, said: "Brother Chen, crush them this time."
"Don't worry, no problem"
"This time Blackshirt Insurance Company lost!"
"I bought it!"
Looking at the viewing platform in the distance, he said to himself: "Wang Guanxi, you robbed my Yonglong insurance before, and you are overestimating your ability to short me?"
"Just just beat you down and then buy the Blackshirt Insurance Company!"
Last time Wang Guanxi picked peaches, he was always unhappy. Now Wang Guanxi took the initiative to come to his door. He wanted to take this opportunity to swallow the Hong Kong Black Shirt Insurance Company in one bite. As long as the Hong Kong Black Shirt Insurance Company appears due to huge losses, it is safe to acquire it yourself.
At this moment, Wang Guanxi had already arrived at the conference room of Blackshirt Insurance Company. Everyone re-arranged their short selling plan, first smashing the share price of Asian Finance to 3.00 per share.
In order to prevent retail investors from doing bad things.
First, a negative news about the Asian Financial Holdings Company that spread rumors appeared in the news media, questioning the fraud of the Asian Financial Holdings Company’s financial statements!
Retail investors are a leader, and you should know that many retail investors hold about 500 million shares of Asian Financial Holdings.
Chen Tianqing holds 300 million shares and is the largest shareholder of Asia Financial Holdings.
So the stock market opened.
Blackshirt insurance companies began selling Asian Financial Holdings stocks.
500,000 shares!
500,000 shares!
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Keep selling!
Many retail investors also sold out.
The stock price fell from RMB 5.00 per share to the 4.00 position.
The market was boosted, and retail investors were amazed and stunned. What happened?
What's wrong?
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To be continued...