259 withdrew 8.75 billion, and the U.S. stock market plummeted!(1/2)
At this moment, Black Shirt Investment Bank, Wang Guanxi's eyes were on the trend chart of the Hang Seng Index.
There are no floating losses or floating profits in the No. 1 fund trading account.
"Let's wait for tomorrow"
"Look at what will happen to the opening of the US stock market tonight!"
"I hope the US government's $700 billion rescue plan will be shelved by the US Congress tonight!"
If the $700 billion bailout plan is rejected or put on hold, global stock markets will plummet.
At this time, Feng Shaokun called and said that the funds were not found because everyone and all institutions were short of funds.
"Guanxi, sorry, Yongheng Bank only has so much cash, I can't let you continue to short, there is really not enough money."
"Okay, I happened to withdraw money and short American banks!"
So Wang Guanxi withdrew HK$8.75 billion, and there was still HK$6.5 billion left in the trading account of Fund No. 1. Shorting the Hang Seng Index for 60,000 yuan spent HK$6 billion in margin, and there was still HK$500 million in available funds. If there were fewer indexes to rise by 166 points, Wang Guanxi's account would have to be liquidated.
Feng Shaokun asked in surprise: "Guan Xi, damn, you took 8.75 billion Hong Kong dollars at a time, aren't you worried about the liquidation?"
After withdrawing HK$8.75 billion, Wang Guanxi's account became very fragile. With the available funds of HK$500 million, the Hang Seng Index rose by 170 points, and the account was liquidated.
This is really not worth it, and it is not recommended to do so!
Because it is normal for the Hang Seng Index to soar by hundreds of points, if the Hang Seng Index first soars by 200 points and then plummet by 200 points, wouldn’t Wang Guanxi lose his position in vain during this period?
Thinking of this, Feng Shaokun continued: "Guanxi, tomorrow the Hang Seng Index will rise by 200 points and your account will be liquidated. You will lose hundreds of millions of Hong Kong dollars in vain. Then, the decline will fall by 200 points. What should you do? In fact, there is no need to withdraw HK$8.75 billion."
Wang Guanxi smiled faintly: "I have never lost my position and I have never worried about losing my position."
"The Hang Seng Index does not rise above the 20,000 position!"
Feng Shaokun on the phone was shocked by Wang Guanxi's arrogant words and took a breath.
He thought of the liquidation of many retail investors in Yongheng Securities, and the rich also liquidation of liquidation of their positions. Only Wang Guanxi is an exception and has never liquidated his positions, so he said, "Okay, I think you won't liquidate your positions," he said.
He witnessed Wang Guanxi's rise step by step. Although he would lose money in his account, he had never lost his position.
Any situation is within the controllable range of Wang Guanxi. As the scale of funds grows, Wang Guanxi can still control it freely, which really makes him look up to!
Then, 8 billion of Wang Guanxi's HK$8.75 billion was transferred to the No. 2 Fund, and the remaining 750 million was transferred to the Blackshirt Group account.
The 750 million Hong Kong dollars in Blackshirt Group are temporarily reserved and can acquire some companies.
The 8 billion Hong Kong dollars of fund No. 2 was planned to short Citibank, but now is not the time.
This Citibank is a world-renowned bank, so you have to find a good opportunity.
Thinking of this, Wang Guanxi said: "Start contacting various large institutions and prepare to borrow the shares of Citibank Group."
I have already started to contact large institutions to borrow Wells Fargo's stock, but now it is Citibank's stock. After the Blackshirt Insurance Company closed its position on Aig Group, it will start shorting!
Several major banks in the United States will be shorted by Wang Guanxi!
Citibank, Bank of America, and Wells Fargo will not be missing!
That’s right, it’s just shorting the world’s largest U.S. banks!
Now say hello first, and when you need to short, you can use it directly.
After thinking about it, Wang Guanxi said again: "Ask a few more companies, so that one can temporarily regret it."
Before, Swiss Bank temporarily resigned from borrowing New World Development Group's stock. Wang Guanxi didn't want another mistake at a critical moment.
"Yes, boss!" Everyone immediately began to prepare.
Time flies!
The stock market closed, and the Hang Seng Index closed at 19869.
The No. 1 fund account had 19 floating losses, with a total floating losses of HK$54 million.
Today, the Asia-Pacific stock markets generally closed higher, with Shanghai and Shenzhen stock markets rising 7.77%, and financial stocks rose sharply across the board, while the Hong Kong Hang Seng Index rose 1.58% to approach the 20,000 point mark, the Bay Island stock market rose 186 points and recovered 6,000 points, the Japanese benzene Nikkei index closed up 1.4%, the Australian stock market rose 2.33%, and the South Korean stock market kospi index rose slightly 1%.
Vietnam's stock market rose 2.74% to 459.86 points.
Pakistan's stock market closed at 6651 points, up 2%.
Among them, financial stocks rose the most.
Dining at the Hong Kong Royal Hotel in the evening.
Huang Shaokai at the dinner table couldn't help but say, "The stock market is still rising sharply today, but the increase seems to have become smaller."
Today's stock market is not as fierce as the previous two trading days, and it seems that the upward trend brought about by the good news of the rescue is declining.
Zhang Dexi echoed: "Yes, except for the stock markets in Lu and Shenzhen, the stock markets in other places have been rising sharply, and the stock markets in other places have limited growth."
He also feels that the positive news of the central bank's rescue of the market has faded, and the US government's $700 billion rescue plan is also under discussion. The results may come out tonight. If the results do not come out, it may have to wait until Friday. However, the stock market is fragile. Once there is any bad wind, it will be very terrible to sell it.
Wu Zhankun also spoke: "I hope US stocks will not continue to rise tonight."
Currently, Blackshirt Insurance Company is short of American International Group, and Blackshirt Investment Bank is short of Washington Mutual Bank. This is not a big change for American International Group. Blackshirt Insurance Company makes at least $1 billion, and Washington Mutual Bank is in great danger.
Now, Toronto Dowmin Bank, Citigroup, Morgan Bank, Wells Fargo and Spanish International Bank, a total of five banks are bidding for Washington Mutual Bank.
Once Washington Mutual Bank is acquired at a premium, Blackshirt Investment Bank will inevitably lose huge losses and may even lose its position.
Bai Weiqiang said: "Tonight it depends on whether the US government's $700 billion proposal is passed."
Although the US government has a $700 billion rescue plan, it needs to be approved by Congress. Whether it can be passed is unknown.
Wang Juehao also said: "I always feel that I won't pass, or that I won't pass so quickly."
Tonight Monday is the beginning of the discussion, and he is expecting and nervous.
Wu Zhanhai also said: "I think so too."
Lu Jianyan smiled and said, "I hope it won't pass, haha."
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Wang Guanxi smiled and said, "It must be blocked, wait and see the show."
Not only the people from the Blackshirt Group are discussing this matter, but Sandep Batra of the Indian Industrial Trust Investment Bank, Nehru of India's private pension, and Ratan Tata of the Tata Consortium are also discussing this matter while having dinner.
Tonight is the day when the US Congress discusses the US $700 billion rescue of the White House.
Sandep Batra was eating steak and said excitedly: "The US stock market will surely surge tonight, and then these Chinese people will be completely finished at Washington Mutual Bank."
Last Thursday, last Friday, the US stock market soared for two days, and the share price of Washington Mutual Bank had already reached $3.00 per share. The US stock market will continue to soar tonight, so I was excited to think about it.
Moreover, five banks were bidding for Washington Mutual Bank in the future, and you can imagine how welcomed Washington Mutual Bank was.
Blackshirt Investment Bank shorted Washington Mutual Bank, and Washington Mutual Bank was acquired by at least $8 per share.
Their Indian Trust Investment Bank made 120 million shares of Washington Mutual Bank stocks at $3.00 per share, making $600 million. That's not a problem.
"This time, the Washington Mutual Bank must be the graves of those Chinese."
Nehru, who is from India's private pension, took a sip of butter, wiped his mouth and said, "I hope so, this time, the Chinese must suffer all the hardships. Only by losing to them can I relieve my hatred."
The global stock market has soared recently, which has caused him to sleep for a few days. In his dream, he dreamed of Black Shirt Insurance Company and Black Shirt Investment Bank being acquired by them at a bargain.
Those stupid and conceited Chinese begged them, even kneeling on the ground, asking them to raise the price.
Because Latan Tata of Tata Consortium was too spicy, he wiped his nose and announced: "The US government rescued the market at $700 billion. This Chinese will undoubtedly die at Washington Mutual Bank. Alas, I hope the share price of the US International Group can rise to more than $100 per share."
Speaking of this, Ratan Tata sighed. He didn't expect this Aig Group. It would be better if the stock price could reach $100 per share. At that time, he would close the position and clear the 6.5 million Aig Group's share price.
Sandep Batra excitedly said: "We will all get what we want tonight"
"Come and toast!"
"cheers!"
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At this moment, a Cantonese restaurant in Xinhe, Zhang Huiming, Qian Mingyuan, Jia Baowei and Jin Xu, were having dinner and were also discussing the US government's $700 billion rescue plan.
"The US stock market will definitely continue to surge, and the Hong Kong stock market will also surge tomorrow."
"Hehe, that's of course. This black shirt investment bank will definitely lose its position on the Hang Seng Index."
"Once the Hang Seng Index breaks through the 20,000 position, it will be unstoppable."
"This time, the investment bank of black shirts can't be long."
The four of them are very much looking forward to the surge in the US stock market tonight and the Hong Kong stock market to skyrocket tomorrow.
It was soon 9:30 pm and the US stock market opened.
There was no surge or plunge, and it was just a very stable rise.
Until 12 pm.
Breaking news!
Richard Shelby, chairman of the U.S. Senate Banking, Housing and Urban Affairs Committee, asked the U.S. government to terminate the $700 billion rescue plan to domestic banks!
This undoubtedly hit the US Treasury Secretary Paulson, who was originally expected to pass this bill this Friday.
Richard said in a statement that the Treasury proposal was "neither feasible nor comprehensive" and that using taxpayers' money to test a hasty decision was "stupid".
To be continued...