My Age of Investment

The next day.

Xia Jingxing got up early, washed up, and had breakfast at the hotel. He led a team of secretaries and assistants headed by Liu Xiaoduo, a security team headed by Zhang Chenguang, and more than ten people to the First Canada Plaza Building, also known as the Canary. Pier Tower.

Vision Capital’s London office is located on the 49th floor of London’s tallest building.

As soon as the group stepped out of the elevator, they saw the company's front desk behind the glass door, and a nine-foot-tall colorful sculpture of Guan Erye standing at the front desk that was one-to-one in proportion to the novel.

Holding the Qinglong Yanyue Sword, the majestic sculpture of Guan Er Ye was already crowded with executives who came to greet the big boss.

Li Yaozu stood in the front row. He walked forward with a smile, preparing to welcome Xia Jingxing into the company.

"Wait a minute! Let me put some incense on Mr. Guan first!"

Xia Jingxing suddenly saw the incense burner in front of Second Master Guan, which was filled with LED electronic incense. On a whim, he felt that he should thank Second Master Guan.

Li Yaozu moved his second master to this foreign country, and he didn't know if he would have enough incense on weekdays. What if he couldn't beat the local gods?

Li Yaozu slapped his head, and he almost forgot that according to etiquette, he should indeed offer the second master a stick of incense first. .

After receiving the incense handed over by Li Yaozu, under the gaze of a group of blond and blue-eyed executives, Xia Jingxing first bowed respectfully to Mr. Guan three times, and then placed the incense in the incense burner.

Except for the Chinese people around, other white people are not surprised by this.

Li Yaozu had to pay homage to Mr. Guan every day when he went to work, and then received the blessing of the mysterious power from the East, leading his team to maneuver in the financial market.

This is no secret throughout the company.

There are white employees with poor performance who are also secretly paying homage to Mr. Guan.

Although they believe in God, God does not send money, but they believe in Mr. Guan!

Because someone worshiped Mr. Guan several times, his performance really improved.

In fact, it was the collapse of Lehman Brothers that caused the financial crisis that spread across the world, which also led to the great success of shorting financial stocks.

But some people don't think so.

Didn't you see that Mr. Guan's knife was aimed at the HSBC Building and Citigroup Building next to it? Then the stock prices of both companies fell miserably!

He also said that it was not blessed by mysterious power, who would believe it?

Accompanied by Li Yaozu, Xia Jingxing walked through the staff office area with a smile and came to his chairman's office.

The office has good orientation and lighting, and is located at an altitude of more than 200 meters, offering a panoramic view of the entire London.

Xia Jingxing held a cup of coffee and walked to the floor-to-ceiling window. He looked at the HSBC Building and the Citigroup Building, which were dozens of meters shorter and about 200 meters tall. Then he pointed at the two buildings and said, "Find someone to ask some other time." Should these two companies sell the building?

If they are willing to sell, we can pay the entire purchase price in cash in one lump sum to meet their urgent needs.

We are all financial colleagues, so we should help if we can. Vision Capital travels all over the world, but it still can't offend all the colleagues in the industry. "

Li Yaozu suppressed his laughter. Mr. Xia was indeed a very particular person. Even though he was doing this, he still didn't forget to pick up a handful of others' wool.

He vaguely remembered that his boss had said something similar before.

At the time, I thought it was just bragging and making fun of two banks.

Looking at it now, it is not that there is no possibility of successful acquisition, and the boasted boasts are likely to be realized one by one.

"Okay, I'll send someone to ask some other time. Both banks are crazy about money shortage right now. I don't think they will refuse our kindness."

Xia Jingxing nodded slightly. Buying one or two buildings now can be regarded as bargain hunting. If you hold them for a few years and wait until the housing prices rebound, you can still make a lot of money by selling them.

However, the rate of return is not very high, at most one or two times.

He doesn't like mosquito legs like this very much, but Vision Capital can raise real estate funds and use other people's money to speculate in real estate in other countries.

This is what Blackstone does. It operates all kinds of funds, and its specialty is buying low-priced commercial office buildings and shopping malls.

The two chatted in the office for a while, and Liu Xiaoduo knocked on the door and walked in, notifying that the meeting was ready.

When the two came to the conference room, there were already more than ten executives from the London office sitting in the room.

Li Yaozu presided over the entire meeting. He first opened a PPT to show the short positions covering the financial markets of many European countries, up to 20 billion US dollars, and then analyzed each country's rescue measures one by one.

“Earlier this month, the FTSE 100 index suffered its largest single-day fall since 1987, with banking stocks bearing the brunt.

At the same time, affected by the severe decline in depositors' confidence, many banks also experienced deposit runs. In addition, British banks rely heavily on interbank lending business, and the liquidity of bank funds has been seriously damaged.

As the central bank of the United Kingdom, the Bank of England also introduced a 250 billion pound rescue measure after the Federal Reserve announced a US$700 billion rescue plan.

It first injected 50 billion pounds of emergency capital into large commercial banks, and then provided 200 billion pounds of short-term borrowings to major banks to help restore liquidity to the market.

At the same time, the British government also introduced a temporary bill to increase the deposit guarantee for each bank depositor from the original 35,000 pounds to 50,000 pounds to appease depositors who were panicking about withdrawing money.

In addition, the government also acquired 100% of the shares of Northern Rock Bank, which had suffered a severe run.

Royal Bank of Scotland and Lloyds Bank were also successively acquired by the government with 83% and 41% stakes.

The government's capital injection promoted the nationalization of bank shares, and also led bank holding groups to rescue other financial institutions. The main rescue method was acquisition.

Big fish eat small fish, and financially healthy banks acquire banks that are on the verge of financial collapse. This is in line with the US bailout measures and is almost exactly the same. "

“The governments of France, Germany, and Spain have basically simultaneously launched a package of bank rescue plans, involving a total amount of up to 960 billion euros, approximately 1.3 trillion U.S. dollars, aimed at guaranteeing interbank loans and acquiring shares of major banks, thereby preventing The European financial system is in collapse.”

…

Xia Jingxing listened with relish, even bank runs occurred. One can imagine how big the dark cloud of financial crisis was hanging over the European people.

Most of the funds deposited by depositors in banks have been used for lending, and they cannot be recovered for a while, and people are anxious to withdraw money. Under normal circumstances, banks lend funds to each other. You help me today, and I will help you tomorrow. you……

But now everyone is short of money, and at the same time they are worried about lending you money. What if you go bankrupt? Am I not being dragged into the water?

Therefore, central banks of various countries are directly injecting capital into banks and providing guarantees for interbank lending, in order to resolve this crisis of trust.

The root cause of the crisis is distrust.

People don't trust banks, and there is also a lack of trust between banks. All of a sudden, everything is in chaos.

"Deutsche Bank's share price at the beginning of the year was 90 euros, and now it has fallen to only 18.8 euros, a drop of nearly 80%."

"BNP Paribas' share price has fallen 52% this year, and Société Générale has fallen 54%. "

"Spain's Bank of Valencia fell by 97.2%, Santander fell by 36.2%, and Bilbao Vizcaya fell by 50.8%."

"British Lloyds Bank fell 82%, Barclays fell 67%, Halifax Bank of Scotland fell 90.4%, and Royal Bank of Scotland fell 87%."

…

After showing the declines of nearly a hundred financial and banking stocks in many European countries this year, Li Yaozu stood on the stage with a smile and said: "This is the general situation, down, down, down... down and down!"

Xia Jingxing laughed when he heard this, "The fall was indeed a bit tragic. Those who didn't know better thought that European countries were at war with each other."

Li Yaozu sneered, "About that. The last time the entire European stock market fell so miserably, it dates back to the time when the head of state was in office."

Xia Jingxing chuckled and said, "Stop talking about history. Next, you and your team will study it carefully and come up with an exit plan that maximizes returns.

There is no need to rush, first close positions in banks whose stock prices have fallen the most and are about to emerge from the crisis. "

Li Yaozu said with a smile: "I understand that there will be no loss of profits from this.

In fact, if so many banks have problems together, the entire European financial system is in a mess, and it will not be able to return to normal for a while.

Even if it returns to normal, the stock price will not rise for a while. "

Xia Jingxing smiled lightly, "You can make up your own mind about the specific operations. I only have one request. I want to see the report card at the beginning of next year."

Li Yaozu knew that this was an exit period set for himself, so he immediately nodded and said: "No problem, there will be 20 billion US dollars and all profits in the account at the beginning of next year."

"By the way, what's going on with the Volkswagen stocks I asked you to buy?"