The next day, September 25th, Thursday, morning.

Wang Guanxi and others gathered at the headquarters of Heishang Investment Bank.

The Hang Seng Index closed at 19,000 yesterday afternoon, down 250 points from yesterday.

In Wang Guanxi's No. 1 Fund, he holds 60,000 short orders of the Hang Seng Index, and his position is 19,950. He currently has a floating profit of 950 points, with a total floating profit of 2.85 billion Hong Kong dollars, and his account net value is as high as HK$9.35 billion.

not bad.

The stock prices of listed companies under the Hong League, Huang League, and Zheng League have risen slightly, and the Black Shirt Hedge Fund has also made a floating profit of more than HK$8.5 billion on the books.

Last night, the US stock market was not volatile and rose slightly!

Aig, a stock price of US International Group, rose $4, from US$40.00 to US$43.00 per share, and Blackshirt Insurance Company made a floating profit of $1.725 billion.

The share price of Washington Mutual Bank rose by $0.2, from $1.60 per share to $1.80 per share, and Blackshirt Investment Bank made a floating profit of $144 million.

It is very stable at present, and no huge changes have occurred, just waiting for the stock market to continue to collapse.

The global focus is now on the US White House’s $700 billion rescue plan, and the $700 billion proposal is being debated in Congress.

[122 American economists wrote to Congress to oppose US Treasury Secretary Paulson's $700 billion rescue plan]

There are three reasons.

First, its fairness. This plan is to use taxpayers’ money to subsidize investors.

Investors need to be able to bear losses when they are at risk.

Not every business crash affects the risk of the system. The government should ensure a well-functioning financial industry and be able to lend loans to some reputable borrowers. Without a rescue plan, the choices of many investors and institutions have proven to be very unwise.

Second, its ambiguity. The tasks and supervision of new institutions are unclear.

If the taxpayer purchases some non-cash or opaque assets from the problem seller, the purchase time, occasion, and method should be explained very clearly before and should be monitored carefully in the future.

Third, its long-term role. If the plan begins to be promulgated, its role will affect an entire generation of the United States. For all the difficulties the United States is facing now, the American driving force and innovative personal capital markets bring prosperity to the country that is incomparable.

Essentially, it is very short-sighted to weaken these markets in order to abort a short-term collapse.

Huang Shaokai couldn't help asking: "TM, can this $700 billion rescue plan be passed?"

Recently, he is talking about this every day in the news. He doesn’t know whether the 700 billion US dollars can be released. He is confused.

Zhang Dexi said: "It is possible to pass by holding on to the situation that is first."

Now the Federal Reserve's Bernanke and US Treasury Secretary Paulson are pushing this $700 billion rescue plan, in order to avoid a bigger financial crisis, just like if you get sick, you must treat it in time. He feels that this $700 billion rescue plan will be passed, after all, everyone has to have a meal.

Wu Zhankun also said: "I also think it will pass. If this financial crisis breaks out and is not suppressed in time, then the vast financial crisis will break out, and then the global financial system will not know what it will look like."

He and Zhang Dexi have a consistent view and think that it will definitely pass, and it will be soon, because if you don’t get faster, the financial crisis will really hit the world in an all-round way.

Bai Weiqiang also said: "Yes, if you don't come out again, the financial crisis will continue to intensify."

Wang Juehao sighed: "The Bank of East Asia in Hong Kong was run yesterday, which is really a terrible thing."

Wu Zhanhai also said: "I don't know when the 700 billion US dollars will be released."

Lu Jianyan also said: "It should be soon."

Rennes Smith also said: "As such a huge amount of funds are injected into the financial market, it will be huge positive news, and the stock market will definitely surge."

To calculate the 700 billion US dollars, that is 5.4 trillion Hong Kong dollars and 4.75 trillion RMB. This will be a huge amount of funds. Once injected into the financial market, the stock market will soar, but for a few days, it is an unknown number.

Guan Zhenyi also said: "Now all kinds of news are flying everywhere, and many media say that they will soon pass a $700 billion rescue plan."

Lin Jiyang also said: "Now the whole world is waiting for the $700 billion rescue bill to be passed."

Wang Guanxi smiled and said, "This $700 billion rescue plan may have been blocked all the time. Let's watch it quietly."

Then Wang Guanxi asked: "Have the 8 billion Hong Kong dollars in fund No. 2 been converted into US dollars?"

Previously, Wang Guanxi made a big profit by buying the Hang Seng Index at the bottom, so he withdraws HK$8.75 billion, spends HK$750 million, and also set up the Umbrella Foundation, which has an umbrella security company. Now there is still 8 billion of free funds left in the account of Fund No. 2. Wang Guanxi doesn't want to be idle, and wants to make money and short American banks.

"The boss has been converted into US dollars, totaling US$1.032 billion," Li Guangyu asked: "Will we short Citibank or Wells Fargo tonight?"

Wang Guanxi asked, "Now the shares of Citibank and Wells Fargo have been agreed upon?"

I asked them to borrow stocks, Wells Fargo, Citibank, Bank of America, and even Hang Seng Bank and HSBC!

Wang Guanxi not only plans to short American banks, but also plans to short Hong Kong's large banks. Hang Seng Bank and Hong Kong HSBC are all banks under HSBC Group, and they also have the opportunity to make a lot of money.

Of course, you can also short HSBC in the United States directly, but Wang Guanxi still plans to short HSBC in Hong Kong, with a larger transaction volume.

At this time, Wu Hongsheng said: "Yes, boss, it has been agreed that the Indian Industrial Trust Investment Bank intends to borrow Wells Fargo's stock to us, while the Indian private pension plans to borrow Citibank's stock to us, and the monthly interest rate is 1.5%.

"Very good" Wang Guanxi nodded, then opened Wells Fargo and Citibank's stock price trend chart.

Wells Fargo, the share price closed at $37.55 per share last trading day, and is still in an upward trend.

"The stock price of Wells Fargo is quite strong, and there is room for upward, so don't rush to short!"

Citibank's share price closed at $220.00 per share last trading day.

Citigroup is usually the abbreviation of Citigroup. Citigroup was merged by Citibank and New York First Bank in 1955 and renamed New York First Citibank, New York First Citibank, in 1962, and in 1967, it was changed to Citigroup.

Headquartered in New York, it merged with Traveler Group to form Citigroup in 1998, becoming the world's largest financial services company.

Citigroup is the first financial group in the United States that integrates many financial services such as commercial banks, investment banks, insurance, mutual funds, securities trading, etc.

In 2008, its total assets exceeded US$2 trillion, which is considered to be HK$15.5 trillion, which is very terrifying.

Citibank's stock price has just risen for a few days and is now suitable for shorting, so Wang Guanxi said: "Let's short Citibank Group tonight and borrow stocks from India's private pension."

Blackshirt Insurance Company and India's private pension are also old-fashioned. Everyone is very familiar with Fannie Mae and American International Group.

It is no exaggeration to say that it is a good friend. This Indian private pension can give you a lot of money.

"Yes, boss" the gangsters hurriedly went to execute.

This Indian private pension Hong Kong office is located in the Hong Kong Building of the Indian Industrial Trust Investment Bank.

Soon Wu Zhankun brought his lawyer to the Hong Kong office of India's private pension.

Wu Zhankun signed an equity agreement with Nehru. Currently, the equity of Blackshirt Insurance Company was mortgaged to India's private pension because of the last time he shorted Aig Group. Nehru smiled and said, "Mr. Wu, we have a happy cooperation. I hope you Blackshirt Insurance Company can win big and win in Citibank Group!"

"Don't worry, we will strictly abide by the confidentiality agreement and will not disclose to any financial institutions that you are going to short Citibank."

Wu Zhankun looked at Nehru's hypocritical appearance and scolded this guy in his heart, but smiled slightly and said, "Mr. Nehru, I believe in your integrity."

The two looked at each other and smiled, and everything was silent.

Wu Zhankun knew that Nehru would definitely reveal the news that Blackshirt Insurance Company shorted Citibank Group to other financial institutions, such as the Indian Industrial Trust Investment Bank, Tata Consortium, or other international financial institutions in India.

Nehru also knew that Wu Zhankun knew that he would reveal the news that Blackshirt Insurance Company shorted Citibank Group.

But neither of them said it out loud, pretending not to know.

This time, Blackshirt Insurance Company borrowed 5 million shares of Citibank Group's shares instead of Fund No. 2, with a price of US$220 per share, worth US$1.1 billion, and the interest is 1.5% per month, which is 16.5 million US dollars, which is counted as HK$127 million.

The No. 1 fund only has US$1.03 billion, but India's Nehru is also very generous, and the difference of US$70 million does not require the asset to mortgage it.

"Mr. Nehru, I hope we can continue to cooperate"

"Haha, Mr. Wu, I think so too, keep working together."

Although the two shook hands in a friendly manner, they wanted to strangle each other to death.

After Wu Zhankun left, Nehru hurried to Sandep Batra's office and laughed: "These Chinese pigs have signed an agreement and are waiting for them to enter the pig cage."

Sandep Batra said excitedly: "It's paralyzed. This time, the US $700 billion in rescue will definitely come out. Take this opportunity to kill them!"

Nehru also nodded and said, "Yes, the $700 billion in rescue funds will definitely be issued, and the Federal Reserve will also cut interest rates. This black-shirt insurance company dares to short the historical position of Citibank Group, which is simply life or death!"

Time flies.

At 9:30 p.m., the U.S. stock market opened.

Citibank Group's share price jumped $5 to open at $225 per share!

Huang Shaokai asked: "Boss, the stock price of Citibank is quite strong. It actually jumped by $5. Should we wait until the stock price reaches $230 per share before shorting it?"

Zhang Dexi also said: "The stock price of Citibank Group is rising now, and there are many people buying, so we may be able to short it!"

Wang Guanxi shouted: "Then short now!"

"Yes, boss" Huang Shaokai, Wu Zhanhai and others started shorting.

5 million shares are not too much.

10,000 shares at a time!

10,000 shares, that is worth $2.2 million.

The share price of Citibank Group began to fall under the short selling of everyone.

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To be continued...