The morning session of the Hong Kong stock market was closed soon.

Everyone was having a fine lunch delivered by the Hong Kong Royal Hotel in the trading room.

The current economic situation is poor, the hotel group's revenue is not very good, and they will continue to lose money.

In order to help its hotel groups overcome difficulties and increase revenue, ordinary employees of Blackshirt Investment Bank and Blackshirt Insurance Company can reimburse a lunch.

Lunch is provided by Hong Kong Royal Hotel and the company's property is reimbursed.

Anyway, Black Shirt Investment Bank and Black Shirt Insurance Company have a lot of money.

Really many.

Because the insurance market department, investment banking securities department and investment banking department have performed very well.

But Black Shirt International Trust Company, Black Shirt Leasing Holding Company, and Black Shirt Legal Company do not.

Everyone in the trading room was talking about the stock market situation.

At this moment, the No. 1 Fund of the Wang Family Foundation shorted the Hang Seng Index with a 60,000 lot of Hang Seng Index, holding a short order of 60,000 lots of Hang Seng Index, and its position was 19,950.

The Hang Seng Index fell 200 points this morning, falling from 18650 to 18450.

The floating profit was 1,500 points on the book, with a total floating profit of HK$4.5 billion.

The net value of the account has reached HK$11 billion.

Black shirt hedge fund shorts the Hong family alliance, Huang family consortium, and listed companies under Zheng family consortium, with a floating profit of nearly 10 billion yuan on the books.

Fund No. 2 shorted 5 million shares of Citibank, with a position building of US$213 per share.

At the close of US stock market last Friday, Citibank's share price closed at $180.00 per share, with a book profit of $165 million.

American International Group closed at $35 per share last Friday, with a floating profit of $1.765 billion on the book.

Blackshirt Insurance Company shorted 5 million shares of Aig, with a position building at $388 per share.

American International Group's share price closed at $35 per share last Friday, with a floating profit of $1.765 billion on the book.

The key to last week was that the US $700 billion rescue plan encountered resistance, which caused the stock market to go through twists and turns, first plummeting, then soaring, and then plummeting, which hurt the hearts of countless retail investors.

However, a lot of news came this Monday morning, which symbolized the severity of the financial crisis and spread.

[Three European countries took action to save Europe's largest financial institution]

Fortis, which was struggling for Lehman Brothers' bankruptcy, received joint assistance from the tri-nationals, and Belgium, the Netherlands and Luxembourg invested 11.2 billion euros (US$16.3 billion) in Fortis, partially nationalizing the largest financial services in Europe.

[Many European central banks inject another $75 billion into the market to deal with the crisis]

After the U.S. Mutual Bank of Washington collapsed, European central banks decided to join forces to provide the market with $75 billion in funds to cope with the market's demand for cash.

[Santander Bank to acquire British mortgage giant Bradford-Bentley]

Spain's Santander Bank said it will spend £20 billion to acquire the deposit business and branch network of British mortgage giant Bradford & Bingley.

[USA Bank and Citibank have a merger talk]

The collapse of Washington Mutual Bank made the U.S. banking industry worse. The share price of the sixth-largest bank in the United States plummeted 27%, with a final quotation of $10 per share.

After Lehman Brothers and Washington Mutual Bank went bankrupt, American Bank had been negotiating the merger with Morgan Stanley, but the negotiations ended in vain and came to Citibank again.

[The US Congress and the government reach a temporary agreement on a 700 billion market rescue plan]

[The White House expressed satisfaction with the negotiation of the rescue plan to reach a temporary agreement]

[Details of the agreement reached by the U.S. market rescue plan are announced, Congress will vote on Monday US time]

After a long negotiation with government representatives, Congress submitted a plan to the public after the two sides reached an agreement.

The plan will be submitted to the House of Representatives on Monday, and the Senate will then vote.

The version of the rescue plan after the two sides compromise is basically based on the Bush administration's $700 billion rescue plan.

However, the original rescue plan added the insurance concept proposed by the Republican Party.

The plan includes several key points: the Ministry of Finance will immediately use 250 billion US dollars to purchase problem mortgage assets from major financial institutions, and the total amount of funds available can eventually reach 700 billion US dollars.

Executives of problematic companies selling assets to finance ministry will not be compensated for by "gold parachutes".

That is, a huge amount of money that senior employees can receive when they are dismissed due to the acquisition of the company.

A supervisory committee will be formed, which includes the chairman of the Federal Reserve, the chairman of the Securities and Exchange Commission, the director of the federal housing financial institutions and the secretary of housing and urban development.

The Ministry of Finance is allowed to accept shareholders' equity in certain specific circumstances and participate in the management of the problematic company.

Meanwhile, the Ministry of Finance may establish an insurance mechanism where premiums are paid by these problematic financial companies, with the scope of guarantees including previously purchased mortgage-backed bonds.

Huang Shaokai said: "I didn't expect that it was just a temporary agreement, which is not good news for the stock market."

I have been planning to make $700 billion before, but the result is a temporary agreement, just $250 billion, and there is still a vote. I don’t know if it will be passed.

Zhang Dexi also said: "Yes, it has been passed on for so long, and I thought the $700 billion rescue plan was stable.

Unexpectedly, it turned into a temporary plan, and the stock market was going to suffer.”

Especially last week, the stock market soared and plummeted, which was terrifying.

Now it is just a temporary agreement of $250 billion, and you can imagine what will happen to the stock market.

Wu Zhankun also said: "The $700 billion bailout plan has become a temporary agreement of $250 billion, and the stock market will definitely plummet."

Last week, many institutions were optimistic about the stock market and frantically bought the bottom, waiting for the $700 billion rescue plan to be passed.

But now it has become a temporary agreement of $250 billion, and it is conceivable how bad it is for the stock market.

This is like saying that a person has been looking forward to paying 700 yuan, day and night, but he only gave 250 yuan temporarily, which is worth it.

Nowadays, Blackshirt Insurance Company, Fund No. 1 and Fund No. 2 are all big short sellers. If the stock market plummets, it will make a big profit again.

Wang Juehao said excitedly: "In the afternoon, the Hang Seng Index will definitely plummet, and the US stock market will definitely plummet when it opens at night."

To be honest, he was not optimistic about the $700 billion rescue plan at the beginning, but now he is ready. If he comes out with a temporary agreement, he will have to vote again.

This stock market is like taking stimulants. When the amount of stimulants is not enough, it will be fun and will be straightforward.

Bai Weiqiang also said: "That is the financial institutions that have always been optimistic about the stock market and the $700 billion rescue plan before will be discouraged."

In fact, many financial institutions are very optimistic about the $700 billion rescue plan, but this happened.

It is just a temporary agreement of $250 billion, and I don’t know how many financial institutions will sell their financial assets this time.

When the afternoon trading opened, he dared to say that the Hang Seng Index would definitely plummet, and it would take a minute to fall below the 18,000 position.

Wang Guanxi put down his small fork, took a sip of champagne, and said firmly: "This stock market will definitely plummet for two days."

Currently, Blackshirt Insurance Company, Blackshirt Hedge Fund, No. 1 Fund, and No. 2 Fund are all short-selling, which will inevitably make a fortune.

"This time, many people must have come to short the Hang Seng Index, it's fun."

"Give me instructions and let the Blackshirt Investment Bank analysts and brokerage teams express their opinions on being bearish on the stock market."

"Yes, boss" everyone hurriedly went to do it.

Blackshirt Investment Bank: Major negative news, US$700 billion becomes US$250 billion, and the stock market will plummet!

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At this moment, the Hong Kong branch of Fidelity Investment Group, President Andrei and Vice President Si Xiuliang were all staying in the trading room, and the two were drinking tea and chatting.

It turned out that Fidelity Investment Bank of the United States holds 1 million shares of the Hang Seng Index. Last week, Fidelity Investment Group cleared 500,000 short orders of the Hang Seng Index.

The average closing position was 19,700, and the profit was realized in HK$75 billion.

The account also holds 500,000 short orders from the Hang Seng Index.

The position building position is 22,700, and a fluctuation point is the profit and loss of HK$25 million.

Now the Hang Seng Index has fallen to 18450, with a floating profit of 4,250 points, and a temporary floating profit of 106.25 billion Hong Kong dollars.

Andre regretted closing the short orders of the Hang Seng Index last week.

If it is not settled, the floating profit on the books should be more than HK$200 billion.

But they had to close their positions because when they just closed their positions last week, Edward III, chairman of Fidelity Investment Group, called him to prepare $12 billion.

Because New Jersey pensions have to redeem $12 billion in assets at Fidelity Investment Group.

Seeing the views expressed by Blackshirt Investment Bank, Si Xiuliang felt that it made sense, so he asked: "Mr. Andre, this time the US $7,000 rescue plan of the White House has turned into a temporary agreement of $250 billion, and the stock market will definitely plummet.

Do we continue to increase our positions and short the Hang Seng Index?”

Last week, the Hang Seng Index soared and they had to close their positions, but now the Hang Seng Index is about to plummet again, and their opportunity to short is coming again.

Andre was in deep thought. Now Fidelity Investment Group in the United States is in a dilemma of capital flow because many investors or investment institutions are redeeming their investments in Fidelity Investment Group in the United States.

Now in order to get them to redeem their investments, Fidelity Investment Group in the United States has to continue selling its assets.

Now that the funds are in short supply, Andre does not intend to continue to increase his position and short the Hang Seng Index for the time being, so as not to invest too much money and be trapped.

When the customer redeems the funds, it is not good to have no money.

You should know that more and more customers are redeeming funds now.

Especially Meisheng Group, because Lehman Brothers went bankrupt, Aig Group was taken over by the US government and its stock price fell into shit.
To be continued...