Unfortunately, the financial crisis broke out in 2008, and HSBC's stock price fell all the way, falling for many years, and many people suffered heavy losses.

Of course, the financial crisis is just breaking out in the United States, because the United States is still trying to find ways to save the market and inject a lot of funds into the economy to avoid the full outbreak of the financial crisis.

At present, the financial crisis has not spread to Hong Kong, and Hong Kong's economy has not suffered a huge impact like the United States.

Of course, all this will happen soon, maybe it has happened, but everyone is like frogs in warm water, still enjoying the warmth of the economy.

Wang Guanxi thought for a while and said, "This time, shorting Hong Kong HSBC Bank should be kept low-key, don't make any statements, and don't know about the media."

The stock price of HSBC Bank in Hong Kong will also continue to fall from more than HK$120 per share during this financial crisis. Wang Guanxi remembers that it fell to HK$60 per share, which means it was cut in half.

This will cost half of HSBC's market value.

Think about it, what does it mean to lose half of the loss?

Nearly HK$1.3 trillion.

If many investors who bought HSBC shares know that Blackshirt Insurance shorted HSBC shares, it can be imagined that investors will point some of their anger at the Blackshirt Insurance Company.

Who will buy insurance from the Black Shirt Insurance Company then?

Although black shirt insurance companies no longer care about premium income, when there is no market to do in the future, they still need premium income, so insurance customers still need it.

Blackshirt insurance companies are now just notorious in the insurance industry and financial circles.

But it is still good in the eyes of the public. After all, Blackshirt Insurance once distributed dividends to customers once.

This time I shorted HSBC because the public held too many shares, so I came quietly.

"Yes, boss" everyone nodded quickly.

Then our group ordered, especially notifying friends in the media industry not to spread rumors about Blackshirt Insurance Company shorting HSBC.

Of course, it still takes money to buy editors from the press, but fortunately, Blackshirt Insurance Company does not have to worry about money at all.

Nowadays, all the premium income of Black Shirt Insurance Company is used for various expenses and various public relations.

Of course, there are also wages, bonuses, various benefits, and dividends to customers, and pay for Juanjuan’s money when you have nothing to do, and do charity activities.

The money earned by black shirt insurance companies in the financial market will also subsidize the daily expenses of black shirt insurance companies.

Now the daily operating funds of Blackshirt Insurance Company are still very abundant.

Time passes slowly.

At 2 pm, Ratan Tata of the Indian Tata Consortium called.

It is said that they did not borrow any extra shares, but they are only 150 million shares of Tata Tata, which is currently worth more than HK$18 billion.

Ask the Black Shirt Insurance Company whether to do so or not.

Wang Guanxi took the phone and said, "Of course, you need it, 1% monthly interest."

If this stock worth HK$18 billion is based on the normal interest in the industry, it is a monthly interest of 1.5%. If you borrow it for a month, it will be HK$270 million, which is higher than the bank's interest rate, which is too much.

And Ratan Tata couldn't wait to borrow 18 billion yuan of stocks to short for Blackshirt Insurance. It was ulterior motives and extremely insidious. It must be a trick to kill Blackshirt Insurance. It must not be careless this time.

Moreover, Wang Guanxi also needs to cut interest, the normal interest in the industry is 1.5%, but Wang Guanxi wants to cut interest of 1%, which is enough for HK$180 million a month, because Blackshirt Insurance Company will short HSBC for a long time.

You should know that HSBC's share price will not be cut in half in a short period of time and fall below HK$60 per share, but after several months, how much interest will be paid to Tata Consortium?

The phone call Ratan Tata refused to say: "No, 1.5% monthly interest, the industry is like this. If you want 1% monthly interest, it is impossible."

We are also "old friends". We have failed to negotiate with Aig Group many times. When we borrowed Aig Group's stock, the monthly interest rate was 1.5%.

Now, the monthly interest rate for borrowing HSBC shares must be 1.5%.

Wang Guanxi thought for a while and said, "Then the monthly interest rate is 1.2%, and the monthly interest rate is not OK!"

"We ask your Tata Consortium to borrow 1.5% of the monthly interest. Why do we ask other financial institutions to borrow, why do we give you interest?"

The Tata Consortium insisted on a monthly interest of 1.5%, so the Blackshirt Insurance Company had to go to other financial institutions to borrow shares of HSBC Bank in Hong Kong.

The total share capital of HSBC Bank in Hong Kong is 20.75 billion shares, and 100 million shares are less than 0.5% of the total share capital.

Although HSBC Group distributes the absolute controlling stake in HSBC Bank through many offshore funds, the specific details are unknown, and it should exceed more than 55%, or even more than 60%.

These stocks are not traded and settled.

The stocks circulating outside are at least about 40%, and should have 8 billion shares circulating in the hands of other investors in the market.

Therefore, many financial institutions hold shares of HSBC Bank in Hong Kong. Therefore, it is still easy for Wang Guanxi to borrow it. He just needs to borrow it from many financial institutions, which is very troublesome.

And this Tata Consortium actually holds 150 million shares of HSBC in Hong Kong, and can borrow enough at one time.

But Ratan Tata wants 1.5% monthly interest, so Wang Guanxi naturally won't agree.

Thinking of this, Wang Guanxi continued to speak in a very tough tone at Ratan Tata on the phone: "Mr. Ratan Tata, the monthly interest of 1.2% is unrelated.

You can do it.

If not, our Blackshirt Insurance Company will borrow from other financial institutions.

At most, it's just a little more trouble."

After a few seconds of silence, Ratan Tata made a decision, smiled sinisterly, and said, "Okay, then there is a monthly interest of 1.2%, I wish you good luck.

By the way, I, Ratan Tata, swear, the Tata Consortium will not stop you from shorting the Hong Kong HSBC Bank.”

Of course, their Tata Consortium will not block it, but Laju Slov from an overseas bank in India wants to beat the Blackshirt Insurance Company.

Originally, Laju Slove, an overseas bank in India, planned to invest in HSBC's stocks, and once wanted to buy HSBC's stocks from their Tata consortium, but Latan Tata did not agree.

Their Tata Consortium has held shares in HSBC for several years.

In 2003, they bought 150 million shares of HSBC Hong Kong shares at a price of HK$80 per share.

During the past five years, HSBC's annual dividends have been very high.

For example, in 2007, that year, the Tata Consortium received a dividend of HK$1.01 billion.

So the Tata Consortium does not intend to sell HSBC shares to Indian overseas banks.

They will hold on for a long time.

At this time, Wang Guanxi deceived him again: "Mr. Ratan Tata, our Black Shirt Insurance currently only has HK$12.4 billion in cash. Can you use this HK$12.4 billion as margin to borrow your HK$18 billion in stocks?"

"This is not OK, you must use something to mortgage it," Ratan Tata said: "Didn't you short Citibank? Use Citibank's account rights to mortgage it!"

Wang Guanxi said with a smile: "Okay, no problem, Mr. Ratan Tata, we have a happy cooperation. I hope we can cooperate more in the future. I trust and understand your character very much."

"Haha, Mr. Wang, I also trust you very much and understand your character." Ratan Tata also made a polite sentence.

This time the black shirt insurance company is going to be finished.

Do you really dare to short HSBC?

hehe.

court death.

Especially their spies learned that Yongheng Bank secretly borrowed HK$26.4 billion, or US$3.4 billion, and then asked Blackshirt Group to short Wells Fargo!

At that time, he was very curious, where did the black shirt group get so much money?

It turned out to be a medium-sized bank in Hong Kong that was supporting it.

However, this loan is enough to end this Yongheng Bank.

Why is it done?

Because they would kneel down on the stocks of Wells Fargo and HSBC, it can be said to be a combination of punches that made the Black Shirt Group lose its position, insolvent, and unable to pay back the loan from Yongheng Bank.

By then, Yongheng Bank will be finished.

This black shirt insurance is also a grasshopper on the same rope as Yongheng Bank.

Soon, Ceo Huang Shaokai from Black Shirt Insurance Company brought his lawyer to Tata Consortium Hong Kong Wealth Company.

Cash flow of HK$12.4 billion, and account equity of Fund No. 2.

The account of this No. 2 fund is short of Citibank. If the net value is calculated by holding down Hong Kong dollars, it is nearly HK$8 billion.

Mortgage of 20 billion!

Huang Shaokai said: "Mr. Ratan Tata, you can verify it."

"Okay" Ratan Tata verified that there was no problem, and then everyone signed the agreement.

Blackshirt Insurance borrowed 150 million shares of HSBC shares of Tata Consortium at a monthly interest of 1.2%, worth HK$18 billion. Blackshirt Insurance required the interest of Tata Consortium at HK$216 million per month.

And when Laju Slove, who was wearing big red glasses, looked at the moment when Huang Shao, the black shirt insurance company, opened the signing of the agreement, he was very happy.

"I'm finally going to fuck you, I can't wait."

"What a pity, you just borrowed HK$18 billion in stocks. I thought you could borrow HK$25 billion, or even HK$30 billion."

There was a slight disappointment in his eyes.

This time, Indian overseas banks have prepared HK$25 billion to invest in HSBC's stock.

Originally, they planned to act, but heard Ratan Tata, Sandep Batra and Nehru say that Blackshirt Insurance Company would short HSBC, Bank of America, and Wells Fargo.

He endured it at that time, just wanted to do something big.
To be continued...