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17100 Position!

The final closing was 17120.

Wang Guanxi's account had a floating profit of 800 points, with a total floating profit of 2 billion Hong Kong dollars, which was simply awesome.

The net value of the account has reached HK$8.6 billion.

Today, the Hang Seng Index once fell by 1,353 points, a drop of 7.67%, hitting a two-year low since July 2006, and approaching the 16,000 mark. The state-owned enterprise index even fell by more than 10%.

However, it was reported in the afternoon that the Central Bank of China may relax its fiscal policy, and officials of the China Securities Regulatory Commission said that they will take measures to maintain the stability of the stock market and boost Chinese telecommunications stocks to take the lead in pulling back, and ultimately push the market to recover.

Blackshirt Investment Bank: The dramatic reversal of Hong Kong stocks is mainly driven by dips, while positive rumors have become a catalyst to stimulate buying entry.

BNP Paribas expects that the central bank of China will propose an economic stimulus plan next month, with specific measures including raising tax refund rates, relaxing price controls and raising bank loan quotas.

But Daoheng Securities: The selling frenzy will continue until at least the end of 2008, and the Hong Kong market will inevitably deteriorate.

Although the Hang Seng Index soared in the afternoon today, overall, it still fell by 480 points today.

This morning, the Hang Seng Index opened at 17600 and finally closed at 17120!

Moreover, the Asia-Pacific stock market continued to fall today, with the Hong Kong Hang Seng Index falling 3.3%, the Bay Island stock market falling 2.73%, and the daily benzene stock market falling 2.2%, setting the lowest point since June 2005.

South Korean stock market fell 2.36%, Australian stock market fell 2.4% to its lowest level in nearly three years, Shanghai and Shenzhen stock markets fell again, and the Shanghai Composite Index closed down 33.21 points, down 1.72%.

The Shanghai and Shenzhen stock markets opened sharply lower in the early trading, and the Shanghai Composite Index fell below the 1900 point mark at the opening.

Afterwards, with the financial real estate sector falling sharply again, the Shanghai Composite Index continued to expand. Shortly after the opening in the afternoon, the Shanghai Composite Index hit a low of 1,802 points, a drop of more than 6%.

Afterwards, bank stocks staged a Jedi counterattack, leading the Shanghai Composite Index to bottom out and rebound.

As banks, coal and other sectors all rose, the Shanghai Composite Index re-established 1,900 points, and the two markets once turned red, and the decline of individual stocks also narrowed significantly.

As the closing approached, the sell-off market emerged, the Shanghai Composite Index fell again, and the Shanghai Composite Index closed at 1895 points, down 33 points, down 1.72%.

Due to market concerns about the US financial system, the US stock market has suffered a sharp decline and dragged down. Even if it is temporarily positive, it still fell.

Huang Shaokai couldn't help but say, "I can't even understand whether the stock market will rise or fall below."

Wu Zhankun spoke: "Of course, it will fall in the future, and there are only a few stocks that are rising now."

Zhang Dexi: "Yes, real estate stocks fell the most fiercely today."

Wang Juehao was very excited: "Haha, we can buy a building."

Speaking of the building, everyone was very excited. Blackshirt Insurance Company and Blackshirt Investment Bank both came from scratch, getting bigger and bigger, and needed a building as its headquarters.

"The real estate stocks are really depressed now, and the housing prices are terrible." Wu Zhanhai couldn't help but sigh: "I don't know when the housing prices will fall to the lowest price this year, but I've been bought at the bottom and halfway up the mountain."

Lu Jianyan smiled and said, "Don't worry, no, look at the performance statements of those real estate developers, and you can find out the performance prospects."

Speaking of performance statements and performance prospects, everyone has begun to check out today's real estate developers.

Now, real estate stocks are suffering from heavy selling pressure when worrying about their performance prospects.

Only Country Garden, Country Garden, China Resources Land and China Overseas Development have seen several large real estate stocks rising.

Among them, Country Garden rose 8.33%, Tianyu Real Estate fell by half, while dozens of real estate stocks including Huaxia Aoyuan, Hosson Development, Shimao Real Estate, Changjiang Industrial, New World Development Group, Swire Real Estate, Xinhe Real Estate Group, Sun Hung Kai Properties, Far East Development, Hutchison Real Estate, Hengke Real Estate... and dozens of real estate stocks fell by more than 10%.

Huaxia Aoyuan reduced its annual sales target from 4 billion to 5 billion yuan to 1.4 billion to 1.8 billion yuan, a decrease of more than 60%.

Coastal Home has lowered its annual sales target by 20% to 30%, and its property prices have been reduced by 5% to 10%.

Because the real estate market is in turmoil, major real estate developers are in a state of grief!

It naturally includes Black Shirt Hedge Fund's rivals, New World Development Group, and Xinhe Real Estate Group!

Looking at New World Development Group, the stock price of Xinhe Real Estate Group fell a lot today, and everyone was very happy.

The share price of New World Development Group has fallen to HK$9.00 per share, while the share price of Xinhe Real Estate Group has fallen to HK$2 per share.

The main funds of Black Shirt Hedge Fund are used to short the New World Development Group and Xinhe Real Estate Group.

On New World Development Group, Blackshirt Hedge Fund shorted 100 million shares, with an average position building position of HK$40.00 per share. Now it has a floating profit of HK$31 per share, with a total floating profit of HK$3.1 billion.

On Xinhe Real Estate Group, Blackshirt Hedge Fund shorted 300 million shares, with a position building position of 7.00, with a floating profit of HK$5 per share, totaling HK$1.5 billion.

Huang Shaokai couldn't help asking, "Boss, are we going to close the position now?"

Because their short position is very high, the stock price has fallen very low now, and maybe they can start closing positions.

Wang Guanxi couldn't help but smile and said, "This is just the beginning. Wait slowly, and when they can't stand it, they can't hold it up, or the capital chain of the two real estate groups is broken, and we will close the position again."

It's September now, and the financial tsunami has just arrived. The Huang family consortium and Zheng family consortium have been trapped by the black shirt hedge fund. How to overcome the difficulties this time is a problem.

The two real estate developers have so many employees, and their expenses are very large every day. The houses cannot be sold, many small companies go bankrupt, and the rents are greatly reduced. The two real estate developers have suffered heavy losses.

Especially when two real estate developers hoard land in the mainland and engage in real estate projects, if they have no money, the project will have to be suspended.

At this moment, Zheng’s consortium and Zheng Yuanfeng were under great pressure and were thinking about selling the equity of Dafu Securities.

But now the stock price of Dafu Securities has fallen into shit. Who would want it? If it is sold in the market, the stock price will fall even worse. By then, it will really fall below HK$0.10.

Now Zheng’s consortium is short of money, and its New World Development Group and Chow Tai Fook are facing the possibility of a break in the capital chain.

The depression in the real estate market has made it difficult for New World Development Group to move forward, and he is considering laying off employees on a large scale or selling land in the mainland.

However, these lands were hoarded in their early years, and the location was very good, so he couldn't bear to sell them.

The land in Hong Kong is even more expensive, and he is even more reluctant to sell it.

Now Chow Tai Fook's jewelry industry has suffered an unprecedented impact and is the one who is most short of money. He thought about it and planned to ask for help from a consortium of Niben to ask them for loans.

The Huang family consortium and Huang Zhiyu were also worried. The real estate was so depressed that the performance of Xinhe Real Estate Group, Sha Tsim Tsui Real Estate Group, and Xinhe Hotel Group was very, very bad.

The new real estate projects that have just been built in the mainland are not interested in discounts, and they are expensive every day. Now the company is very difficult to live.

He planned to sell the stocks of Jinghao Financial Group, but Hong Tianwen of Jinghao Financial Group guaranteed him that after Washington Mutual Bank was acquired at a premium, Jinghao Financial Group would make a lot of money, and the stock price would soar, which would reassure him.

So Huang Zhiyu gave Hong Tianwen a chance and the last chance.

"I hope what Hong Tianwen said is true. This Washington Mutual Bank was acquired at a premium!"

At this moment, in the news, Blackshirt Investment Bank released a lot of news.

[Xinhe Real Estate Group's capital chain may be broken]

[New World Development Group, New World Insurance Company was hit hard and it was difficult to start the road to self-rescue]

[Minghui Securities Company has liquidated its position on the Hang Seng Index and is insolvent!]

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At this moment, Zhang Huiming, Minghui Securities Company, was numb. He never expected that this afternoon, the Hang Seng Index soared so much and rushed to the 17120 position.

If he didn't buy at the bottom with heavy positions yesterday, or if he kept holding back and didn't buy at the bottom yesterday, and came to buy at the bottom today, then he would be completely developed.

"I'm so hateful"

He grabbed his hands tightly, his nails were about to sink into the flesh in his palm, and a burst of stinging pain came.

Yesterday he bought the Hang Seng Index at 17,600, with 100,000 lots.

Then this morning, the Hang Seng Index plummeted, causing his account to be directly breached. Then he continued to buy at the bottom, but it still breached. Then he continued to buy at the bottom and appeared with a guaranteed capital. In the end, he shorted the position again, and lost everything.

"I'm paralyzed. If I take a wrong step, I'll be totally done. If I didn't buy the bottom yesterday, I'd be waiting for the bottom today. I'll definitely make billions of dollars!"

Zhang Huiming felt that it was a heaven of thought and a hell of thought.

Seeing the investment bank in black shirt saying that Minghui Securities Company was insolvent, Zhang Huiming immediately cursed: "Baby, miscellaneous!"

At this time, his phone rang. It was called by a vice president of Standard Chartered Bank, named Zhang Xiaolei. After thinking about it, he answered.

On the phone, Zhang Xiaolei said straight to the point: "Mr. Zhang, we plan to take back a branch of the loan of 100 million yuan."

Zhang Xiaolei is here to collect debts.

Because Minghui Securities Company is insolvent.

It was indeed a huge loss on the Hang Seng Index.

Zhang Huiming immediately began to lick Zhang Xiaolei, a female banker, just like a grandson, but it was useless. The more he licked, the less confident he was. Banks are not charities, and they will give you timely help.

Zhang Xiaolei plans to take over a property that Minghui Securities Company just bought, which was a first floor, with a previous value of more than HK$100 million.

Zhang Huiming had no choice but to delay.

He plans to sell Minghui Securities Company!

Currently, Minghui Securities has a client asset of HK$15 billion. If you buy the 18th floor of Xinghui Building, Standard Chartered Bank will collect debts, and that will be really done.

So he kept calling people he knew to find the seller.

Black-shirt Investment Bank also learned that Zhang Huiming planned to sell Minghui Securities Company, so he offered HK$30 million, but Zhang Huiming directly refused.

Black shirt investment bank then offered another 50 million yuan, and Zhang Huiming agreed.

Then plan to sign the contract.

Then he received a call from Ferroz Sanhavi, president of the Hong Kong Branch of Imperial Bank of India, saying that he would inject 100 million Hong Kong dollars to Zhang Huiming.

So Zhang Huiming went directly to the Hong Kong branch of the Imperial Bank of India to accept the capital injection of Ferroz Sanhavi!
To be continued...