At 1:30 pm, Wang Guanxi received a call from Pasto Brandt, executive director of Blackshirt Insurance.

Pasto Brandt was the former chairman of the Hong Kong Lehman Brothers branch. After Lehman Brothers went bankrupt, he recruited talents from Lehman Brothers.

Rennes Smith, the former head of the investment banking department of Lehman Brothers, has been persuaded by him to come from the United States to Hong Kong and bring several of his own maids with him.

"Boss, Rennes Smith has arrived at the company headquarters."

"Well, it's great, I'll go to the company now." Wang Guanxi was very happy. These were all capable men. They also had connections on Wall Street and knew many people. Wang Guanxi hired him at a high salary just to facilitate the future layout in the United States.

Then Wang Guanxi left St. Paul's High School and rushed to the headquarters of Blackshirt Insurance Company.

Wang Guanxi will not go to school for the time being.

I'm busy making money lately.

After a while of work, I went to the mainland to make arrangements, prepare for the 14-year bull market in the mainland, and make arrangements six years in advance, tsk.

Soon he arrived at the company headquarters.

I met Renne Smith, the former head of the investment banking department of Lehman Brothers, and several of his subordinates.

Pasto Brandt introduced: "Boss, this is Rennes Smith, former head of the investment banking department of Lehman Brothers."

Rennes Smith was dressed in a black suit very neatly, looking very energetic and full of fighting spirit, but his eyes were filled with some tiredness, and he obviously rushed to Hong Kong.

Yes, Rennes Smith did rush here, Lehman Brothers was bankrupt and he was unemployed.

Now major financial companies on Wall Street are laying off employees. Before he came to Hong Kong, he also interviewed some investment banks, but in the end he chose to come to Hong Kong.

Because of the high salary here, the boss behind the Black Shirt Investment Bank is willing to hire him at a high salary.

You can get reused when you come, and this may be his stage.

So he convinced several of his capable subordinates to come together.

"Hello, Mr. Wang, I'm Rennes Smith"

At this moment, Rennes Smith was extremely shocked at Wang Guanxi's age.

This boss is definitely a genius among geniuses. There are many great people on Wall Street, but this is the first time he has seen a great man like Wang Guanxi.

At this age, he owned an investment bank and acquired many investment banks.

Client assets reached HK$90 billion, or US$11.6 billion, far less than the major investment banks on Wall Street, and are just small investment banks. However, the salary here is no lower than that of Lehman Brothers. This is the stage for his performance.

Wang Guanxi nodded and smiled: "Ren Smith, welcome to Hong Kong"

After some politeness, everyone drank tea together and talked about the financial and economic situation.

The topic quickly returned to Lehman Brothers.

This time, Lehman Brothers' bankruptcy not only impacted the US financial system, but also had a certain impact on Asia.

It brings great risks to the 4.6 billion US dollars of loans to Niben Qingkong Bank, brings US$3.8 billion to Mizuho Bank, US$2.3 billion for Xinsheng Bank, US$1.85 billion for Mitsubishi UF Trust Bank, US$1.77 billion for Sumitomo Bank, and US$930 million for Central Mitsui Trust Bank.

It's not just a matter of bad loans.

For example, Lehman's bankruptcy brought a total of US$1.5 billion in potential losses to Mitsui Bank, while Sumitomo Mitsui Bank had US$9.8 billion of exposure, of which 8.8 billion had been preserved, but there was still a net loss of US$1 billion.

National Australia Bank said its potential losses will be $1.5 billion.

ANZ Group announced its total potential losses of US$1.2 billion, of which more than 900 million were losses to its branches.

South Korea Financial Group announced that the possible losses to the entire South Korean financial system were US$7.2 billion. Of which only US$820 million involves loans, and the rest involves credit link notes and derivatives businesses.

Rennes Smith couldn't help saying: "Lehman Brothers' debt of $600 billion will trigger the collapse of the US financial system and bring great risks to the world economy."

"It's true, the global stock market has plunged in panic, and this process will last for a while." Wang Guanxi took a sip of tea and smiled: "We shorted Lehman Brothers during this period."

Then Wang Guanxi briefly said.

Rennes Smith learned that Blackshirt Insurance Company and Blackshirt Investment Bank had shorted Lehman Brothers, just betting that Lehman Brothers went bankrupt!

Then it’s amazing to make a big profit!

To be honest, he stayed at Lehman Brothers for so long. Like many employees of Lehman Brothers, everyone held some shares in Lehman Brothers, and eventually lost all his money. He lost more than two million dollars.

He said with admiration: "Mr. Wang, you are really amazing. You have made great profits when shorting Lehman Brothers twice. Before Lehman Brothers went bankrupt, there were still many institutions and investors bought Lehman Brothers at the bottom.

But they all became your prey. In fact, I own hundreds of thousands of shares of Lehman Brothers, and I ended up losing all my money.”

Speaking of this, Rennes Smith had a little regret on his face. When Lehman Brothers went bankrupt, it was too sudden.

The stock market did not open at that time. After the opening, the stock price fell directly into shit and could not even sell it, so he lost all his money.

Many employees in Lehman Brothers hold shares, and almost 99% of the employees hold shares are the same, basically losing more than 95%.

Rennes Smith admired the story of Blackshirt Insurance Company and Blackshirt Investment Bank's shorting of Lehman Brothers' profits.

Because except for Goldman Sachs and other guys who shorted Lehman Brothers, investors have all increased their holdings in Lehman Brothers' shares at a low level.

Wang Guanxi asked with a smile: "Smith, are you married?"

"Not yet, I have no plans to get married for the time being." Rennes Smith suddenly thought of his ex-girlfriends when he was young. Now he is 32 years old and just wants to have fun. It is impossible to get married.

When talking about work at the end, Rennes Smith was a little nervous. After thinking about it, he asked bluntly: "Mr. Wang, I am honored to come to Blackshirt Investment Bank. I heard Pasto Brand say that this place can have the same salary as Lehman Brothers?"

To be honest, he couldn't understand why Blackshirt Investment Bank hired him with a high salary?

Did you really like his personal abilities?

If this is the case, it would be a great honor. Other investment banks on Wall Street would not give him such a salary.

Wang Guanxi gently put down the teacup and said straight to the point: "In the future, you will be the executive director of Blackshirt Investment Bank, the headquarters of the Investment Banking Department, and is responsible for Blackshirt Investment Bank's investment banking business in Asia."

"Yes, boss" Rennes Smith was very excited.

Then Wang Guanxi summoned the Blackshirt Insurance Company and the Blackshirt Investment Bank's horsemen, and asked Rennes Smith to give an introduction.

Currently, Blackshirt Insurance Company has 17 executive directors, while Blackshirt Investment Bank has 19 executive directors, all of whom are capable.

Why do we have so many executive directors without establishing the position of chairman? That is why Wang Guanxi hopes they will compete with each other.

Everyone gathered together to discuss the US stock market and the Asia-Pacific stock market.

Currently, Blackshirt Insurance Company shorts 5 million shares of Aig Group, and Blackshirt Investment Bank shorts 120 million shares of Washington Mutual Bank.

Blackshirt hedge fund shorted the stocks of Huang's Consortium, Zheng's Consortium, and Hong's Consortium Alliance.

The afternoon trading of the Hong Kong stock market will begin soon.

Then Wang Guanxi opened the trend chart of the Hang Seng Index.

Now he is paying attention to the trend chart of the Hang Seng Index. He doesn't have the energy to take care of the others and leave them to the maids.

It is now the morning closing, and the Asian stock market has been looked at.

In the morning, the Asia-Pacific stock markets rose a lot.

The Shanghai and Shenzhen stock markets opened lower inertia in the early trading. Then, driven by Sinopec and PetroChina, both rising, the Shanghai Composite Index approached the 2,000 point mark twice but could not break through. The stock index then fluctuated and fell.

In the afternoon, as the decline of bank stocks expanded, the two markets fell again, and the Shanghai Composite Index hit a new low of 1922.68 points in this round of decline, and many bank stocks hit the daily limit again during the session.

The Shanghai Composite Index closed at 1929.05 points, down 57.59 points, down 2.9%, and the Shenzhen Component Index fell 2.82% at 6680.06 points.

The Hang Seng Index opened higher by more than 390 points in the morning with the US stock market and reached 18,699 points in the intraday high. The Hang Seng Index then turned to a decline due to the sell-off of Chinese bank stocks by investors and the adjustment of A-shares.

At the close of the morning, it fell to the 18,000-point integer mark!

Currently, Wang Guanxi's No. 1 Fund holds 20,000 short orders for the Hang Seng Index, with a position building at 22,400. One point of fluctuation is the profit and loss of HK$1 million. Now it has a floating profit of 4,400 points.

A total floating profit of HK$4.4 billion, and the net value of the account reached HK$5 billion.

"It's so cool. Although the Hang Seng Index rose by 390 points at the opening, it finally fell back. The 18,000 position is a key psychological position, and it will be fun to fall below this place."

Before Wang Guanxi's expectations, the market opened in the afternoon.

In just 5 minutes of opening in the afternoon, the Hang Seng Index fell below the 18,000 position and fell to the 17,950 position.

It fell by 50 points.

This then triggered a large-scale sell-off.

Moreover, Hong Kong stocks also plummeted across the board.

The stock prices of companies such as Jiehao Financial Group, Dafu Securities, Aeon Credit Company, Xinhe Hotel Group, Xinhe Real Estate Group, New World Development Group, Dafu Hotel Group, Baipoly Holdings, and New Century International, also fell sharply across the board.

"Damn, it's so good, it's so good." Huang Shaokai, the ceo of Black Shirt Insurance Company, said excitedly: "This is the stock price of Financial Group fell below HK$2.00 per share, haha!"

In the morning, the share price of Jiehao Financial Group rose a lot, and at its highest, it rose to HK$2.40 per share.

But before the closing of the morning, it fell again, falling to 2.00, and then supported here.

Now it finally fell below, it was so cool.

Black-shirt hedge fund shorted HK$600 million and earned the stock of Haohao Financial Group. Hong Tianwen and others are running towards the abyss.

"The stock price of aeon credit company has also fallen below HK$4.00 per share, haha, that boy Yuan Kang is about to cry to death in the toilet." Wu Zhankun was also very excited.

In the morning trading, the share price of aeon Credit Company surged to HK$4.50 per share.

However, at the end of the trading day, it fell to 4.00, but it couldn't fall.

Unexpectedly, the afternoon market fell below the blink of an eye. The Yuan Kang and Yuan Family Fund must have suffered heavy losses.
To be continued...