248 has a floating profit of 8.5 billion and a loss of 52.82 billion!(2/3)
Thinking of this, he became more and more angry and hated!
"These Hong Tianwen and Lin Yongfu are simply a pig!"
Huang Zhiyu suddenly cursed: "Your tm is also a pig. If you weren't for being instigated by these two pigs to fight with the Blackshirt Insurance Company, would our Huang Consortium do this?"
"What a pig's head!"
Huang Zhida was immediately scolded by Huang Zhiyu and looked ashamed.
But I am a pig's head, and your tm's head is also a pig's head!
But now Huang Zhiyu is angry, and he does have a lot of responsibility for this matter, so he did not refute it.
·
At this moment, Hong Tianwen, who had formed a financial group, was heartbroken.
Now the share price of Jiehao Financial Group has fallen to HK$1.5 per share, with a market value of HK$6.3 billion, which is 14.7 billion less than the previous market value of HK$21 billion.
I've suffered heavy losses recently.
Jiehao Financial Group is indeed facing huge problems, and now he can only rely on the investment of Washington Mutual Bank.
Jiehao Financial Group holds 120 million shares of Washington Mutual Bank, with a position of $3.5 per share. Now the stock price has fallen to $2.00 per share, with a loss of $1.5 per share on the book, and a total loss of $180 million.
Now these 120 million shares of Washington Mutual Bank have been lent to Blackshirt Investment Bank to short Washington Mutual Bank. Even if Hong Tianwen wants to cut his losses and close his position, he has to wait until Blackshirt Investment Bank closes the position and returns the 120 million shares of the shares to him.
Now Washington Mutual Bank is still negotiating with buyers, hoping to get a premium acquisition so that his financial group will not continue to suffer huge losses.
"Hope, the acquisition price of $4.00 per share is so I can make some money back."
"Oh, this damn black shirt insurance company!"
He really regrets it now. He had always wanted to beat the black shirt insurance company's chrysanthemum, but now his chrysanthemum is about to be beaten.
At this moment, Lin Yongfu, a Dafu Securities Company, was completely desperate, and looked at the stock price trend chart with a dead face, his back was soaked. It was obvious that he was scared to death before and sweated coldly.
He looked at the ceiling with a blank expression, as if waiting for the judgment of fate.
Dafu Securities Company, whose market value was previously 5.2 billion Hong Kong dollars, has now fallen to HK$0.20 per share, with a total share capital of 2.08 billion Hong Kong dollars, with a market value of 416 million Hong Kong dollars, and its market value has shrunk by 4.884 billion Hong Kong dollars.
What else can I say now?
He regretted the battle with the Blackshirt Insurance Company.
I thought I could easily beat the black shirt insurance company, but I didn’t expect that Dafu Securities Company’s chrysanthemums would explode.
"Oh, I shouldn't have listened to Hong Tianwen before, saying that he was a black shirt insurance company and bought the black shirt investment bank at a bargain price. Now, Dafu Securities Company is being acquired by someone at a bargain price is the real thing."
"Damn it, I'm not willing to give up!"
Lin Yongfu was extremely regretful and slapped himself hard.
Bang!
A heavy slap.
Aeon Credit Company, Yuan Kang was also collapsed and desperate.
The share capital of aeon Credit Company is 400 million shares, with a market value of up to HK$3.2 billion. Now the share price has fallen to HK$2.00 per share, with a market value of HK$800 million left, shrinking by HK$2.4 billion.
Yuan's family fund suffered heavy losses, and he smoked cigarettes and sipped.
This time, aeon credit company is probably going to be over.
He previously loaned Hong Tianwen HK$1 billion, and then Jie Hao Financial Group transferred him HK$300 million, but it was not enough to fill the pit.
In addition, many of the credit business of AEON Credit Company has begun to default, and it is paralyzed, which is simply unlucky.
"Oh, bastard"
"I wouldn't have participated if I had known it. Now I've dragged all the Yuan family into the water."
"My dad Yuan Zigan is really, alas!"
"Grass!"
As he said that, he kicked the table hard.
The Luo family, Luo Baowen, and Luo Yinghui were completely collapsed.
Luo Yinghui sat dumbly on the sofa, with a very negative expression, depressed, and a sad face, as if he had become much older.
The Big Money Hotel Group has a total share capital of 800 million, with a market value of HK$1.6 billion, but now its share price has fallen to HK$0.4 per share, with a market value of HK$320 million, shrinking by HK$1.28 billion.
Baipoly Holdings has a total share capital of 1.1 billion shares, with a market capitalization of HK$1.1 billion, but now its share price has fallen to HK$0.2 per share, with a market capitalization of HK$220 million, shrinking by HK$880 million.
New Century International has a total share capital of 3.2 billion shares, with a market capitalization of HK$3.2 billion, but now its share price has fallen to HK$0.2 per share, with a market capitalization of HK$640 million, shrinking by HK$2.56 billion.
A total of HK$4.72 billion has shrunk!
"It's over"
"Oh, I didn't expect that Luo Yinghui would fall to this point!"
Luo Yinghui sighed deeply and regretted it very much.
At this time, the phone rang. Luo Yinghui forced to call. Luo Yinghui knew that he was here to ask for money, but he didn't answer.
Luo Baowen's phone also rang. It was Luo Yingkang's call, and this was his second uncle, so she answered.
I still asked for money, but no.
So Luo Yingkang asked Luo Baowen and Luo Yinghui to sign a contract, and the terms were taken away by the company immediately, and the money owed still had to be paid back.
Let Luo Yinghui return slowly in the future!
Luo Baowen cried and didn't know what to say for a while.
Soon, uncle and second uncle came here with their lawyers and then signed a contract, asking Luo Yinghui to temporarily owe money and pay it back whenever he has money and cannot file for bankruptcy.
The Great Money Hotel Group, Baipoly Holdings Company and New Century International Company were all taken away.
Several companies under the three listed companies whose cash flow has been exhausted were also taken away.
They are Rich Industrial Trust Company, Sihai International Group, Yongheng Strategy, Jiahui Investment Holding Company, and Huaxia Star Group.
These five companies are all subsidiaries of Dafuhao Hotel Group, Baipoly Holdings, New Century International, or United Holdings.
Luo Yingqiang said, "Third brother, don't blame me, now Yingjun Group has also been killed by you!"
Luo Yingkang also said: "This time I lent you HK$1.2 billion, which has caused a big problem with Yingjun Group's cash flow. In addition, Yingjun Group's stock price has also plummeted, and the losses have been heavy!"
"This time we also borrowed a lot of money from HSBC to save the company."
"We have taken away all these eight companies now, and we will be subsidiaries of Yingjun Group in the future."
"You still have some shares."
"That's it"
Luo Yingkang and Luo Yingqiang did not have any sympathy for Luo Yinghui, and left after saying that.
This day was extremely torment for Luo Yinghui and Luo Baowen, and life was like a year.
Time flies.
At night, the US stock market opened.
Stock market plummeted!
Panic spreads in the market!
Morgan Stanley fell 24.2%, while Goldman Sachs fell 13.9%, both stocks recorded their biggest single-day declines in history.
[For fear of the crisis worsening, the Dow Jones hit a new low in the past three years]
The tightening of credit markets has strengthened investors' fear of further worsening of the financial industry crisis.
As of the close, the S&P 500 fell 57.20 points to close at 1156.39 points, a drop of 4.71%. Financial stocks in the 10 major industry sectors of the S&P led the decline, a drop of 9.2%.
The Nasdaq Composite Index fell 109.05 points to close at 2098.85 points, a drop of 4.94%. This is the first triple-digit decline since the 9/11 incident in 2001.
The Dow Jones Industrial Average fell 449.36 points to close at 10,609.66 points, a new low since November 9, 2005, a drop of 4.06%. The Dow Jones Industrial Average fell by more than 800 points this week, a drop of 7%.
The 30 constituent stocks of the Dow Jones Industrial Average fell across the board.
Aig led the decline, with a drop of 45.3%, falling to $38 per share!
The U.S. government acquired 79.9% of the shares of Aig, thus effectively taking over the company.
American International Group received $85 billion from the Federal Reserve, but the loans must be returned within two years, at an interest rate of 8.5% higher than the London interbank lending rate.
The London interbank lending rate is an important indicator of short-term lending.
This is no different from usury. In order to save itself, Aig Group frantically sold its assets and returned the Federal Reserve's loans.
Washington Mutual Bank shares fell to $1.5 per share!
Blackshirt Insurance Company shorted American International Group, and Blackshirt Investment Bank shorted Washington Mutual Bank, and the profits on the books continued to increase.
The losses on the books of Indian Industrial Trust Investment Bank, Indian Private Pension, and Indian Tata Consortium are increasing.
Indians called to negotiate with Blackshirt Insurance Company and Blackshirt Investment Bank to settle according to market prices, and everyone closed their positions.
To be continued...