Font
Large
Medium
Small
Night
Prev Index    Favorite NextPage

185 bulls collapse! Net worth has reached 3.2 billion!(1/3)

The next day, August 29, Friday, at 8:30 in the morning, Wang Guanxi woke up.

There was still one and a half hours when the stock market opened. He got up slowly and washed up. At this time, the phone rang, and it was Feng Shaokun who called.

Connect.

Feng Shaokun asked on the phone: "Guanxi, have you acquired Wu Zhanhai and the Yonglong Investment Bank?"

"Well, yes," Wang Guanxi smiled and said: "I spent 1.2 million yuan to acquire it, but I took on a debt of HK$100 million, and the interest rate was quite high, and I spent 4.8 million yuan."

Feng Shaokun smiled and said, "Wu Zhanhai also called me before and asked for HK$50 million, but I refused. I didn't expect you to buy it at a bargain price of HK$1.2 million."

Wu Zhanhai also called him last night, but he didn't want it.

Because I have to bear HK$100 million in debt and the interest rate is also very high.

The situation at Yongheng Securities is not optimistic now, and many venture capital has failed.

The cash flow is not much, which has caused Yongheng Securities Company to suffer a considerable loss, which is only tens of millions of liquid cash.

Several of the technology companies he is very optimistic about have gone bankrupt, and they are all private investments, causing him to suffer heavy losses.

I want to take over Yonglong Investment Bank but I don’t have that condition anymore.

In fact, Yongheng Securities Company is not large in scale, with 20 billion customer assets. After deducting various costs and expenses every year, its net income will be nearly HK$100 million.

Such performance is the result of his hard work in brokerage business. If Winglong Investment Bank does not have the debt of HK$100 million, he might have acquired it.

Unexpectedly, the investment bank formed by Wu Zhanhai, Wu Hongsheng, Li Guangyu and Guan Wenwei eventually got Wang Guanxi away.

Wang Guanxi smiled and said, "At that time, Wu Zhanhai and the others had no choice but to give them valuation of 1 HKD, but in the end he gave them 1.2 million HKD."

"Haha, okay, if it were me, it would probably be HK$1," Feng Shaokun said with a smile.

After chatting, Feng Shaokun said again: "Tell you something. Last night, Lu Jianting and the others called me and said that the assets under their name would be mortgaged to Yongheng Bank to borrow money.

Their assets are not very good. Hold down what you said, many of them are toxic, so I didn't agree. I guess they must be planning to increase their positions and go long on the Hang Seng Index."

At around 11 o'clock last night, Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji and Zhang Renliang all called him to ask for a loan.

The Hang Seng Index has plummeted a lot recently, but the six people are still making money. They think the Hang Seng Index has fallen to the bottom, so they plan to increase their positions and go long on the Hang Seng Index.

When Wang Guanxi heard this, he was stunned and asked: "Lu Jianting and others may want to increase their positions and go long on the Hang Seng Index?"

Lu Jianting and the other six were afraid they were crazy, either losing or making money. The probability of losing or losing is 90%.

"I guess that's the case." Feng Shaokun couldn't think of a reason and continued: "I don't know if the Hang Seng Index fell or rose today."

"Of course it fell, I'll go to the securities company right away"

“Bring me some breakfast”

"Okay" said Wang Guanxi, ended the phone call, washed one head, dried her hair, and bought two breakfasts downstairs, then rode a bike to Yongheng Securities Company.

Yongheng Securities Company is actually in Yongheng Building, which is also the headquarters of Yongheng Bank. It is very close to Wang Guanxi's home and will arrive in a few minutes.

Feng Shaokun was having breakfast, which was bought by his female secretary.

This female secretary has a good figure and is named Zou Linyan. She has fair skin and eyes. She just came to work today and brought breakfast to Feng Shaokun. She is really a caring female secretary. She brought breakfast to the boss on the first day of work.

Zou Linyan said apologetically: "Mr. Wang, I'm sorry, I don't know that you also bought breakfast for Mr. Feng."

"It's okay, it's okay, I'm going to have two servings." Then Wang Guanxi ate two servings of breakfast by himself.

After breakfast, at 9:30, the two of them were drinking Longjing tea made by their secretary.

Wang Guanxi suddenly asked: "Brother Feng, Lu Jianting and the others wanted to ask you how much did you have a loan last night?"

Feng Shaokun said: "HKD 1 billion"

"HK$1 billion, it seems that the six of them have made any big moves." Wang Guanxi thought for a moment and said: "It should not be an increase in the Hang Seng Index."

Feng Shaokun smiled and said, "I can't understand this Hang Seng Index. I didn't fall after falling to 20,500 yesterday, and then rose and finally closed at 20,600."

Wang Guanxi smiled and said, "Maybe I fell down today."

Now his account has a floating profit of HK$1.8 billion, with a net value of HK$2.6 billion.

Today is Friday. If it can't fall, it's time to wait until next week.

Wang Guanxi wanted to stare at it and see if there was any chance to lock in positions once before September 14 and earn hundreds of millions of Hong Kong dollars.

At this time, a news came out. 60% of the equity of Lehman Brothers' Hong Kong branch was acquired by six financial companies at a price of US$130 million, which is equivalent to HK$1 billion.

When Wang Guanxi and Feng Shaokun saw that this was not the Thorn Financial Group, Astram Financial, Hongye Futures, Shengli Securities, Oriental Huicai Securities, and Dingshi Capital!

Feng Shaokun couldn't help but exclaim: "Damn, Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji, and Zhang Renliang, they actually acquired 60% of the equity of Lehman Brothers' Hong Kong branch. It seems that they obtained a loan from other places last night."

Yesterday, Lu Jianting and others asked him about the loan, but he did not have a loan. Unexpectedly, he borrowed money from other places in the blink of an eye, and then acquired 60% of the equity of Lehman Brothers Hong Kong Branch. He has great ambitions!

Wang Guanxi smiled and said: "Acquiring 60% of the equity of Lehman Brothers Branch, haha, I wish them good luck and bring this company to a new height."

Wang Guanxi knew that Lehman brothers would go bankrupt soon, but she didn't expect to sell the Hong Kong branch.

The buyer was Lu Jianting and others. The Lehman Brothers Hong Kong branch also bought a lot of portfolio bonds from the head office.

This Lu Jianting and others are finished.

This 1 billion Hong Kong dollars is basically a loss of money.

These six people consumed HK$1 billion, and their company will also lose money in the future.

At that time, their customer asset business will be acquired by Heishan Investment Bank.

Currently, Black Shirt Investment Bank’s client assets are 20 billion, which is still too little.

With hundreds of billions of customer assets and the partnership system, everyone is working hard to recommend good stocks to customers and let customers trade as much as possible.

By then, the revenue of the Black Shirt Investment Bank Securities Department will double every year. Thinking of this, Wang Guanxi is a little looking forward to it.

Generally speaking, the brokerage business of securities companies is to earn commissions steadily. The more customers come, the more money the customer has, the more transaction volume, and the more commission the securities companies have.

Wang Guanxi was waiting for the six people to lose all their money.

These six guys didn't know that they were buying a timed explosive pack, which would blow them to pieces in the future!

At this moment, Chuxiong Financial Group, Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji and Zhang Renliang were sitting on the sofa chair.

Opposite are two executives of Lehman Brothers.

They signed the agreement early this morning, and the original 60% stake in Lehman Brothers' Hong Kong branch was worth US$200 million, but they sold it to six financial companies at a 65% discount.

Both parties were very satisfied with the transaction, one was in a hurry to sell and the other was in a hurry to buy.

In the future, we will work together.

Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji and Zhang Renliang served as executive directors of Lehman Brothers Hong Kong Branch, while Pasto Brand, the former chairman of the branch, continued to serve as chairman, and Weiler Hess, the executive director of the branch, also continued to serve as chairman.

This time it was Pasto Brandt and Weiler Hess who signed the agreement on behalf of the head office.

We will work together in the future, so we are particularly enthusiastic.

Pasto Brandt said happily: "Mr. Lu, we have a happy cooperation."

Weiler Hess also swears: "Mr. Lu, Mr. Guan, Mr. Lin, Mr. Chen, Mr. Cai, Mr. Zhang, welcome to join the Hong Kong Lehman Brothers Board of Directors, the future will be a new starting point."

"Mr. Brandt, Mr. Hess, happy cooperation"

Lu Jianting, Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji and Zhang Renliang were also very happy.

It is worth US$200 million, and they only spent US$130 million to buy 60% of the equity of Hong Kong Lehman Brothers branch. As Lehman Brothers gradually gets out of the predicament, these equity shares will continue to increase in the future. It may be worth US$400 million in a few years.

Their transaction is definitely a big profit.

At this time, Pasto Brandt looked at the time and said, "Mr. Lu, it's getting late. We are going to work in the company. There are many things to deal with recently, so we won't bother you."

"Okay, I'll give it to you"

"Mr. Brandt, we'll send you down"

··

After sending Pasto Brandt and Weiler Hess away, Lu Jianting and others returned to the office with a happy look on their faces.

This deal was really profitable. If Lehman Brothers hadn't been rushing to sell their assets, they wouldn't have bought 60% of the shares of Lehman Brothers' Hong Kong Branch at a price of 65% off.

It was originally a bid of US$150 million, but after negotiations, it was cut to US$130 million, which is considered to be HK$1 billion.

"Old Lu, your negotiation is sharp."

“This deal is really cost-effective!”

"I bought 60% of the equity for $130 million, and I usually have to spend $200 million."

"Yes, although the Lehman Brothers is in trouble, the investment bank that has been around for a century is still the top five investment banks on Wall Street, so its background is so great!"

"Now, Aig Group, the largest insurance company in the United States, and Soros' Quantum Fund, are all in Lehman Brothers, which is very stable.

We are definitely making a big profit this time, Lao Lu, you did this deal in seconds.”

The praises of Guan Zhenyi, Lin Jiyang, Chen Peiquan, Cai Manji and Zhang Renliang made Lu Jianyan feel very happy. He smiled and said, "I just encountered such a good thing by chance."

"Anotherwise, it's better to make money from the Hang Seng Index."

"Yes, yes, that's it!"
To be continued...
Prev Index    Favorite NextPage