Rebirth of the Financial Crisis Sweeping the World

Falling in love with you reading network, rebirth financial crisis sweeping the world

The next day, September 30th, Tuesday, 7:00 am.

The sky is clouded over.

Then it rained heavily.

clatter...

The weather is so bad today, and so is the mood of people.

Last night, the U.S. Congress rejected the $700 billion rescue plan, and the U.S. stock market plummeted.

The news is full of panic messages.

[The rescue plan was frustrated, the Dow fell to a record]

Because the House of Representatives rejected the US government's $700 billion rescue plan.

U.S. stocks tumbled on Monday.

The Dow fell 777.68 points.

Set a record for the largest single-day drop in history!

Ryan Smith, vice president of Blackshirt Investment Bank: "If the rescue proposal is passed, the uncertainty in the market will definitely decrease.

The rejection of the proposal led to a rapid rise in uncertainty and VIX, and a sense of terror has shrouded the market. "

As of the close, the Dow Jones Industrial Average closed at 10,365 points, a drop of 6.98%.

The Dow's single-day drop even broke the original record of 684 points set on September 17, 2001.

The 30 components of the Dow fell across the board!

Bank of America Corp fell 17.6%.

American Express fell 17.6%.

As the global financial crisis intensified, the news of four emergency bailouts in Europe and Citigroup's acquisition of Wachovia shocked the stock, commodity futures and foreign exchange markets earlier.

Forced several major central banks to inject hundreds of billions of dollars into the financial system.

After the U.S. House of Representatives rejected a $700 billion rescue plan, U.S. stocks fell rapidly.

Many financial people believe that the plan cannot prevent the financial crisis from erupting in some other countries.

Goldman Sachs Bank: Citigroup will buy Wachovia's financial business, Citigroup fell 11.9%!

The Standard \u0026 Poor's 500 Index fell 106 points, or 8.8%, to close at 1,106.

All 10 major S\u0026P sectors fell, led by energy, financials and materials.

The S\u0026P 500 posted its biggest one-day percentage drop since Oct. 26, 1987.

Howard Silverblatt, senior index analyst at Standard \u0026 Poor's: Standard \u0026 Poor's lost $700 billion in market value today.

The Nasdaq Composite Index fell 199 points to close at 1983 points, a drop of 9.14%.

In Europe, the governments of Belgium, the Netherlands and Luxembourg jointly contributed 164 billion US dollars to rescue the Belgian-Dutch Fortis Bank.

Investors and creditors have lost faith in the UK government, which said it would nationalize mortgage provider Bradford-Bentley.

The Icelandic government said it had acquired a 75 percent stake in Glitnirhf, the country's third-largest lender.

Several German financial institutions have acquired the real estate company HypoRealEstate.

Wall Street Journal: [New York crude oil futures fell $10.52 on Monday to close at $96.37]

Crude oil futures prices in New York closed sharply lower by more than $10 on Monday.

The drop was the largest in almost seven years.

Other commodity futures, including copper and corn futures, led losses.

The reason is that the U.S. House of Representatives rejected the Treasury Department's $700 billion bailout plan.

HSBC: For now, the economic outlook can only be described as 'bleak'.

After the financial crisis began to take its toll on Europe,

One has to wonder whether demand for crude oil in Asia can be sustained.

Zhang Xiaolei, Vice President of Standard Chartered Bank: It is expected that under the influence of the financial crisis, crude oil prices will not be able to maintain triple digits.

Willer Hess, vice president of Blackshirt Investment Bank: The reason for the decline in crude oil futures prices is that the economy is very fragile.

Bloomberg: The Bush Administration Urgently Summons the Economic Team to Discuss Countermeasures

The White House expressed disappointment at the House's rejection of the financial rescue plan.

said President Bush would meet with his economic team to agree on further steps and engage with congressional leaders.

White House spokesman Tony Fratto: "There is no doubt that the economy is facing a serious crisis that requires action.

Two hours earlier, he had predicted the bill would pass.

"We are very disappointed with the outcome and the president will be meeting with his team tonight to discuss the next steps and will remain in touch with congressional leadership."

Ahead of the vote, Flatow said President Bush, Vice President Dick Cheney and Treasury Secretary Henry Paulson had been calling dozens of lawmakers to try to win their support.

Before the vote, most Republican members of the House of Representatives opposed the rescue plan because they believed it would be excessive government intervention in the market.

The Bush administration failed to convert them in time for Monday's crucial vote.

Sing Tao Daily: The Global Stock Market Plunge Is Coming

South China Morning Post: Today's Hong Kong stock market will usher in a tragic plunge

Pastor Brandt, Vice President of Blackshirt Investment: Asian stock markets will usher in a big decline today

···

Almost every news outlet was reporting the news, which spooked financial markets.

In particular, the Blackshirt Investment Bank was afraid that the stock market would not crash, and instigated a large number of clients of the Blackshirt Investment Bank, especially retail investors, to sell stocks crazily at the opening of the market.

Minghui International Securities Co., Ltd., which was fighting with Blackshirt Investment Bank before, was scolded.

"Paralyzed, it's over, it's over, I heard from an analyst at Minghui International Securities last week that I bought the bottom of the Hang Seng Index, ah!!"

"I'm doomed too, I'm going to go bankrupt this time, woohoo"

"The U.S. stock market crashed, right? I lost a lot of stocks in my hands."

"I lost a lot of money on the US stock market last night. I didn't sleep all night, just to sell Hong Kong stocks when the Hong Kong stock market opened."

"Damn, I don't know how many points the Hang Seng Index has fallen today."

"I sold the stock at the opening of the market, and I didn't hold it anymore"

"The analyst of Minghui International Securities really hurt me, what a piece of shit!"

"The analyst team of Blackshirt Investment Bank is amazing"

"If I had known earlier, I should have referred to the views of the Blackshirt Investment Bank, paralyzed, stupid, what kind of rubbish Minghui International Securities!"

··

At the moment, Minghui International Securities Company has breakfast, milk, sandwiches, and egg tarts on the table.

But Zhang Huiming, Qian Mingyuan, Jia Baowei, and Jin Xu didn't have any appetite.

I didn't sleep all night last night, with a sad face and dark circles under my eyes.

The White House's $700 billion bailout plan was rejected last night.

The U.S. stock market fell into shit!

The Hong Kong stock market opened today, and the Hong Kong stock market does not know how it will fall?

The four of them had been drinking tea and smoking in the trading room last night, racking their brains, wondering why the $700 billion bailout plan was finally rejected?

The four really thought about it all night.

The US$700 billion bailout plan proposed by the US Bush administration was rejected in the vote of the US House of Representatives, which was beyond the expectations of the media and shocked the market.

Bush, Pelosi and other heavyweight Washington politicians expressed their disappointment with comments.

However, more people want to know why this bailout plan, which seems to be conducive to stabilizing the US financial situation, was rejected by lawmakers?

Judging from the structure of the vote in the House of Representatives today, it is impossible to draw the conclusion that this is a partisan dispute.

In fact, the revised bailout plan, proposed by the Republican Bush administration and negotiated with the high-level members of both houses of Congress controlled by the Democrats, has been described by Bush and congressional leaders as a feasible plan that is highly likely to be passed.

However, what is the problem?

Zhang Huiming sighed: "Why is this?"

Qian Mingyuan said fiercely: "Damn it, it's been brewing for so long and waiting for so long. I didn't expect this result. I thought the global stock market was going to skyrocket, but now it's falling like this!"

Jia Baowei also said angrily: "This time it really killed us, dammit, before the media reported it every day, I thought it would definitely pass.

Unexpectedly, it was rejected in the end.

Alas, this time we bought 60,000 hands of the Hang Seng Index, it's over

Jin Xu said with a worried face: "The Hong Kong stock market opened today. How much does Hang Seng Bank plummet? Will we liquidate our positions?"

When it comes to the fact that the Hang Seng Index will plummet at the opening of the market today, everyone is terrified and sweats.

They bought 60,000 lots of the Hang Seng Index, and the opening position was at 17,800. It would be even worse if they dived a few hundred points at the opening.

"what to do?"

"What should I do?"

"Call Feroz Sanghavi of the Imperial Bank of India, he is also the major shareholder of Minghui International Securities Company, let him inject more capital, and strive to prevent the account from being liquidated today"

"Yes, as long as we can survive today and the account is not liquidated, the Hang Seng Index will definitely skyrocket in a few days."

Then Zhang Huiming dialed the phone number of Feroz Sanghavi, President of Asia Pacific of Imperial Bank of India.

The call was connected quickly, and Zhang Huiming couldn't wait to say: "Mr. Sanghavi, last night the US White House's $700 billion plan was rejected."

Feroz Sanghavi on the other end of the phone yawned, pretending to be ignorant and asking, "The $700 billion bailout plan was rejected?"

Although Feroz Sanghavi is one of the major shareholders of Minghui International Securities Co., Ltd., it was an agreement to convert debt into shares. To be more specific, when Feroz Sanghavi raised privately, he used loans to raise funds.

Now the office building of Minghui International Securities Company is located, that is, the 15th floor of Wangtian Building, and the 16th floor property belongs to Feroz Sanghavi.

When raising funds, Feroz Sanghavi played tricks.

If the securities company cannot repay the high-interest debt within two months, he will withdraw the capital and take away the property rights on the 15th and 16th floors.

If the securities company's self-operated business is doing very well, he will take advantage of the trend and really buy shares in Minghui International Securities Company.

This time, Minghui International Securities Company bought 60,000 hands of the Hang Seng Index yesterday.

Then last night, the US White House’s $700 billion rescue plan was rejected, and the US stock market plummeted!

The Hong Kong stock market opened today, and Biding fell terribly!

And Minghui International Securities Co., Ltd. must have liquidated its position.

And he, Feroz Sanghavi, will definitely be able to take away the property rights of the 15th and 16th floors of Wangtian Building belonging to Minghui International Securities Company, and of course the client assets of Minghui International Securities Company.

Thinking of this, he was very excited.

At this time, Zhang Huiming on the phone said: "Mr. Feroz Sanghavi, because the U.S. stock market plummeted, the Hong Kong stock market will definitely plummet at the opening today. I hope you can provide some funds to avoid account liquidation."

Feroz Sanghavi smiled, and then said in a very tactful tone: "Mr. Zhang, I have to think about it carefully. After all, I am not a major shareholder in the true sense. You can rest assured that it will be fine if you liquidate your position. In the future, you will still be a member of Minghui International Securities Company. I can guarantee this. Okay, I'm going to have breakfast."

When Zhang Huiming heard this, his heart turned cold. After saying a few words, he ended the call.

"This Feroz Sanghavi is a prodigal son"

"Paralyzed, he just waited for us to liquidate, and then held the property rights on the 15th and 16th floor"

"There are also client assets of Minghui Securities Company"

"Hey, this guy didn't have any good intentions from the beginning, this fucking, what a bastard"

The four of them were swearing at each other. This Indian is really insidious, he will turn his face if he says he will turn his face, and he is planning to take away everything from Minghui International Securities Company.

··

At the moment, Wang Guanxi is having breakfast at Empire Hotel Hong Kong Island.

Seeing the panic in the stock market spreading everywhere on the news, a smile appeared on the corner of his mouth.

At present, the No. 1 fund account still holds 60,000 short orders of the Hang Seng Index, and the opening position is at 19950. A fluctuation of one point is a profit or loss of 3 million Hong Kong dollars.

Yesterday afternoon, the Hang Seng Index closed at 17800, and the profit in the No. 1 fund account has reached 6.45 billion Hong Kong dollars.

The net account value is 12.95 billion Hong Kong dollars.

Last night, the US White House's $700 billion rescue plan was rejected, and the US stock market fell terribly. Today, the Hong Kong stock market naturally also fell into shit.

"I don't know how much the Hang Seng Index will plummet today?"

"I really look forward to it"

“Let's have breakfast now”

Then Wang Guanxi came to the dining room with joy in his heart and began to eat breakfast.

The phone vibrated, it was a text message from Lin Xiaoyu.

Lin Xiaoyu: Good morning

So the two chatted, Lin Xiaoyu talked a lot, and there were piles of trivial matters in life.

For example, I ate a lot of peppers at dinner last night, my lips were swollen, and I was bitten by mosquitoes. When I was doing my homework, I found that my notebook was left behind at school. I accidentally fell while dancing. I caught a cold this morning...

Very clingy, after chatting for an hour, Wang Guanxi got a little tired and asked, "Xiaoyuer, it's 8:20, don't you go to class this morning?"

Lin Xiaoyu: "It's the holiday, National Day, I haven't woken up yet"

Then she huddled under the quilt, staring at the screen of the phone with big watery eyes, she found that Wang Guanxi was very slow to reply before, she said a few, and he only replied one, now urging herself to go to school, her sensitive eyes were covered with a layer of mist.

Didn't you tell Wang Guanxi before that the National Day holiday is coming?

She was very disappointed in her heart, she remembered what Wang Guanxi said, why did Wang Guanxi not remember what she said last night.

"You don't want to chat with me, do you? X﹏X"

Wang Guanxi replied: "Xiao Yuer, be good, don't think too much, today is September 30th, you are on holiday today? Isn't it October 1st?"

Lin Xiaoyu quickly apologized and said: "Xi, ┭┮﹏┭┮, I was wrong, I'm sorry, don't be angry"

", I forgot the time, woo, I'm going to be late"

She realized that the time was really September 30th, she had overslept, and she didn't know if she had fainted from sleep, so she got up quickly.

After finishing the chat, Wang Guanxi got up and went to the Blackshirt Investment Bank.

··

At this moment, destroy the Blackshirt Alliance.

Jiao Xiongbing of Dao Heng Securities and Adolphe Roguli of CLSA both got up early.

Breakfast in a specially arranged suite at Mandarin Oriental Hotel.

Jiao Xiongbing said with lingering fear: "Last night, the US White House's $700 billion rescue plan was rejected, and the US stock market's one-day drop hit a record."

Adolfo Roguli said anxiously: "I don't know what will happen to the Hang Seng Bank's share price when the Hong Kong stock market opens today?"

Yesterday morning they spent 5 billion Hong Kong dollars to go long on Hang Seng Bank. They bought a total of 61 million shares of Hang Seng Bank at a position of 81.96 Hong Kong dollars per share.

"The support position of Hang Seng Bank's stock price is HK$80.00 per share. I wonder if the Hang Seng Bank's stock price will fall below HK$80.00 per share this time?" Adolfo Roguli said helplessly.

Jiao Xiongbing sighed, "Oh, I don't know, I hope it can be supported at 80.00 Hong Kong dollars per share.

Even if it falls below 80 Hong Kong dollars per share, the position of 70 Hong Kong dollars per share still has strong support, don't panic. "

"This time, the Blackshirt Investment Bank made a fuss again, idiot!"

In fact, they didn't know that Black Shirt Investment Yin never borrowed shares of Hang Seng Bank from the Araya consortium in the Philippines, and never shorted Hang Seng Bank at all.

You can only fight with them in the media,

At this time, Li Songwei from Yiqun Securities, You Zhenxuan from Orient Securities, Jiang Jiwei from Dali Securities, Yue Runlin from Gaoxin Securities, and Ju Debiao from Fengnian Securities also came to have breakfast.

The five of them are different from Jiao Xiongbing and Adolfo Roguli. They asked Blackshirt Investment Bank to borrow 200 million shares of Wachovia to short.

Last night, Soros Quantum Fund closed out the short positions of Wachovia Bank on a large scale, causing the stock price of Wachovia Bank to soar to $3.00 per share.

But in the end it fell down and fell to $1.50 per share to close.

And they shorted 200 million shares, and the opening position was at $1.5 per share.

Now there is no floating loss on the books, just wait for the U.S. stock market to open tonight, the stock price will continue to fall, or the day Wachovia Bank will go bankrupt.

"Boss Jiao, don't panic!"

"Mr. Adolfo Roguli, there is nothing to be afraid of, the share price of Hang Seng Bank will not fall much"

"Even if the share price of Hang Seng Bank fell, it quickly rushed up"

"Yeah, there's no need to panic"

"This Hang Seng Bank is a bank member of the HSBC Group, and its performance is good."

The five comforted Jiao Xiongbing and Adolf Roguli, and then began to talk about the Blackshirt Investment Bank.

"This time the black shirt investment bank is getting bigger and bigger"

"Paralyzed, how do you kill it?"

"I can't bear it anymore. This black shirt investment bank poached another client with tens of millions of funds from us last night. He still knows me."

"Grass, one of our IPO business was also robbed by the investment banking department of Blackshirt Investment Bank"

"Don't worry, this time Wachovia will definitely hit the black shirt investment bank hard"

"Also, the black shirt insurance company is very hostile to the Indians. Now the seven financial giants in India are trying to find a way to kill the black shirt group in the stock market."

"It is rumored that people from the Blackshirt Group plan to short HSBC, Bank of America, and Wells Fargo. Hey, let's wait and see the show."

··

At the moment, at the headquarters of the Blackshirt Investment Bank, Wang Guanxi and others gathered in the trading room.

Last night, the stock price of Citibank closed at US$183 per share. Fund No. 2 shorted 5 million shares, and opened a position at US$213 per share, with a floating profit of US$150 million.

Wachovia's share price closed at $1.5 per share, and Blackshirt Investment Bank had a long position of 200 million shares. There was no floating profit or loss on the book, just flat.

And Fund No. 1 shorted 60,000 lots of the Hang Seng Index. Everyone is waiting for the opening of the Hang Seng Index today to see how much money they can make.

Huang Shaokai said excitedly: "This time the U.S. stock market has plummeted, the Hang Seng Index must have gapped at the opening today, right?"

Zhang Dexi said with a smile: "It will definitely go up. Usually, the U.S. stock market plummets once, and the Hong Kong stock market opens the next day, and the Hang Seng Index gaps."

Wu Zhankun also said: "Yes, it's an old script."

Wang Juehao chuckled: "That Minghui International Securities Company is completely finished this time, I hope they will liquidate their positions and then buy them."

Bai Weiqiang gloated and said: "This time they will definitely lose money and become insolvent, and they will be bought by us at the price of cabbage."

Wu Zhanhai also said excitedly: "Just now I saw that Minghui International Securities Co., Ltd. was scolded in the forum.

Many clients bought the bottom of the stock market because Minghui International Securities Company was optimistic that the White House's $700 billion rescue plan would be passed.

The result was not passed, the stock market plummeted, and the loss was miserable.”

Lu Jianyan smiled and said, "I even poached one of their big clients, hehe"

Ryan Smith also said: "One of their IPO business was also intercepted by us"

Li Guangyu said excitedly: "Just wait for the stock market to open. Not only Minghui International Securities, but Dao Heng Securities and CLSA will also lose a lot if they are long on Hang Seng Bank."

Wu Hongsheng also said excitedly: "This time, the Hong's Alliance, the Huang's Consortium, and the Zheng's Consortium will also suffer."

Guan Zhenyi said with a smile; "They are not far from bankruptcy. Dao Heng Securities and CLSA helped the Hong Alliance before, but in the end they found out that they were just giving away money for nothing."

Lin Jiyang chuckled: "When the Hong Alliance is over, the Luo family will also be destroyed, and the daughter of the Luo family, Luo Baowen, will also come to be the boss's secretary."

Wang Guanxi smiled and said, "What's wrong with being a secretary? I'm not very interested in old women like Luo Baowen. If you're younger, you can be my secretary."

Lu Jianyan smiled and said: "Boss, I heard that Luo Baowen is not very old, she is 24 years old."

Wu Zhanhai also said: "That's right, boss, now Luo Yinghui, Luo Baowu's father and daughter are finished.

Under the impact of the financial crisis, the entire Luo family is also heavily in debt, and the stock price of the listed company has fallen into shit. This Luo Baowen's father, Luo Yinghui, may file for bankruptcy, but the creditors will not let him off so easily."

Wu Zhankun also said: "At that time, let Luo Baowen sell herself to pay off his father's debts, and keep working as the boss's secretary, hehe"

"Let her sell herself to pay off her father's debt, hehe"

"Her father owes so much money and it's all over!"

"Boss, she is your trophy"

"Her father is heavily in debt, so it would be good to let her sell herself as father to pay off the debt"