Time passes slowly.

Wang Guanxi and others were having tea and chatting in the office and playing chess.

Many big news appeared during this period.

[Huaxia Central Bank lowers the deposit reserve ratio and deposit and loan benchmark interest rates]

The People's Bank of China decided to lower the RMB deposit reserve ratio of deposit financial institutions by 0.5 percentage points from October 15, 2008.

Starting from October 9, 2008, the benchmark interest rates for deposits and loans for one year will be reduced by 0.27 percentage points each, and the benchmark interest rates for deposits and loans for other terms will be adjusted accordingly.

Wang Guanxi was shocked: "Then you will cut interest rates"

The interest rate cut is so fast, which means that the water will start to be released. In a while, the mainland real estate can buy at the bottom.

In early November, Wang Guanxi planned to go to Lu City to start planning. He hoped to buy a large amount of money at the lowest real estate prices and buy a few buildings. That was not a casual matter. If you don’t have enough money, just take a loan.

In first-tier cities, Lu City, Shenzhen City, and Guang City, you have to buy buildings.

And his six men, Zhang Huiming, Qian Mingyuan, Jia Baowei, Jin Xu, Pasto Brandt, Weiler Hess and others, have already made plans first.

In early November, he will go to the mainland to make plans!

At this time, Huang Shaokai said: "Boss, interest rates have been cut, there is a big market in this stock market."

Zhang Dexi said: "This stock market fell too hard and needs to be stimulated."

Wu Zhankun: "The RBA cut interest rates not long ago, and now the Central Bank of China has also announced a rate cut, it's so fast."

Wang Juehao pondered for a moment and said: "If central banks around the world cut interest rates, the stock market will definitely surge, which is not good for us."

Bai Weiqiang suddenly said: "Not necessarily, the stock market is getting worse and worse, and the economy is getting worse. The central bank cuts interest rates, but the interest rate cut cannot change the economic situation immediately. If the economy should be worse, it will still be worse."

The news came again at this time.

[Russia will inject 950 billion rubles into banks]

To alleviate insufficient liquidity of funds, Russia will inject funds of 950 billion rubles into banks.

"It seems that major central banks around the world are about to cut interest rates." Wang Guanxi put down his teacup vigorously, breathing a little rapid.

As big shorts in the stock market, if major central banks cut interest rates, the stock market will definitely surge, but it is uncertain how many days of surge.

As a big short seller in the stock market, such news is very unfavorable to him.

Time passes slowly.

The news of panic is coming again.

[Iceland sounds the red alarm, European financial crisis continues to escalate]

The Wall Street "financial hurricane" that is moving to the European continent has continued to escalate recently.

Iceland, which has been deeply affected by this round of credit crisis, took the lead in sounding the alarm.

Faced with the liquidity crisis in the domestic banking industry and the continued plunge in the local currency, Iceland urgently announced three major measures, including reforming the exchange rate system, taking over large domestic banks, and seeking US$4 billion in loans from Russia.

Wang Guanxi couldn't help but say, "Iceland will go bankrupt in the future."

Iceland's financial industry suffered heavy losses in this global credit crisis. The Icelandic Krone exchange rate against the euro shrank by 30%, foreign debt exceeded US$138.3 billion, while its GDP was only US$19.37 billion. Iceland faces the danger of "national bankruptcy."

Wu Zhanhai couldn't help but say: "Boss, you can build some industries in Iceland then."

Wang Guanxi nodded: "Well, I will buy a few pieces of land there in the future and build a summer resort."

The summer is very hot. When Wang Guanxi and others are fine, they can go to the summer resort built in Iceland for vacation.

This is really good.

But making money is important now.

【Feder may cut interest rates】

[U.S. pension assets lost nearly $2 trillion due to subprime mortgages]

The U.S. Congressional Budget Office released a report saying that as the credit crisis deepened the suppression of financial markets and the U.S. economy, pension assets have fallen at least $1 trillion in the past year and a half, and losses may be as high as $2 trillion.

As most pension assets are held in the form of stocks, the decline in stock prices has had a significant adverse impact on pension plans.

Wang Guanxi: "Maybe there will be a rate cut tonight"

Huang Shaokai asked: "Boss, will the stock market soar tonight?"

Wang Guanxi: "Not necessarily, but this news is indeed unfavorable to us."

Wu Zhankun: "I hope the stock market will rise first and then fall"

Zhang Dexi: "It must be like this."

Wang Juehao: "The economy is so poor, and the pension has lost so much, and Americans have no pension money."

Bai Weiqiang: "If interest rates are not cut tonight, it will definitely plummet."

Wang Guanxi said, "Let's go, go for dinner first."

It was soon evening.

After dinner, the big news came.

[U.S. pension assets lost nearly $2 trillion due to subprime mortgages]

[The UK and the United States beat up the six major central banks to cut interest rates by 50 basis points]

The Fed announced a 50 basis point cut to 1.5%.

The ECB announced a 50 basis point cut to 3.5%.

The Bank of England announced a 50 basis point cut to 4.5%.

The Bank of Canada announced a 50 basis point cut to 2.5%.

The Swedish central bank announced a 50 basis point cut to 4.25%.

··

Because before the U.S. stock market, the Federal Reserve and other central banks in many countries cut interest rates by 50 basis points simultaneously to alleviate the impact of the credit crisis on the financial market, U.S. stock index futures rose first and then fell, and fluctuated violently.

The U.S. stock index futures are different from stocks, and these index futures are traded almost all day.

As of 8:50 am Eastern Time (8:50 pm Hong Kong time), S&P 500 futures fell 3.6 points to 992.6 points.

Nasdaq 100 futures fell 8.25 points to 1328.25 points.

Dow Jones Industrial Average Futures fell 62 points to 9476 points.

Currently, Blackshirt hedge fund still has $2.064 billion in funds, and plans to ExxonMobil and Chevron Oil.

Both companies are among the top ten giant energy companies in the world, with a world reputation, and are both in the top 500 worlds. ExxonMobil has even been ranked in the top 500 worlds for a long time.

ExxonMobil currently has a market value of US$319.2 billion.

Chevron Oil Company's market value is US$151.5 billion.

Wang Guanxi originally wanted to buy the stocks of the two energy giants separately for the US$2.064 billion, but after thinking about it, it would be better to focus on one. Which one is still uncertain.

Then Wang Guanxi said, "You go and find out which financial institution that owns the stocks of two energy companies wants to sell the stocks of the two companies. We will buy them at the market price."

UBS Group, Morgan Stanley, Deutsche Bank, Mitsui Bank, Yamato Bank, Sumitomo Bank, Xinzhan Bank··Bridgewater Fund, BlackRock Group, Blackstone Group, Malaysia Public Bank, and Central Asian Bank in Indonesia································································································································································································································································································································································································································································

"Yes, boss" everyone started to call again.

The U.S. stock market opened soon.

The stock market rises first and then falls.

The regret is that there is no increase or decrease.

US stocks have fallen for six consecutive days

Citibank shares fell to $147 per share.

Wells Fargo shares rose to US$32.

Bank of America shares fell to $22 per share.

ExxonMobil shares fell to $74 per share.

The regret is that no institution is willing to sell ExxonMobil's shares to Blackshirt Group at market prices, and it is obviously optimistic about the subsequent stock price of ExxonMobil.

Thursday, October 9th, afternoon.

Huang Shaokai: "Boss, UBS Group, Morgan Stanley, and Deutsche Bank asked for a premium of 10% before they were willing to sell ExxonMobil's shares to us."

ExxonMobil often pays dividends, and its dividends are very high and its stock price is strong. They don’t plan to buy them. If they really buy, they will have to have a premium of 10%.

Zhang Dexi also said: "Mitsui Bank, Yamato Bank, and Sumitomo Bank said they would not consider selling ExxonMobil."

"Malaysia Public Bank, Indonesia's Central Asian Bank has not responded to us yet"

Wang Guanxi: "Then let's buy it in the market"

“Look at what happened tonight!”

"These six major central banks cut interest rates, and the US stock market fell last night, indicating that the stock market is very weak now."
To be continued...