Rebirth of the Financial Crisis Sweeping the World

138.70 billion large-scale private equity needs to cash out 100 million shares!

Chapter 138: 138 The 70 billion large-scale private placement needs to cash out 100 million shares!

In the evening, at 10:30, the dinner party is over.

Wang Guanxi returned home.

Turn on the computer and read the latest political news. He pays more attention to technology, economy and finance, and likes to collect information.

See if there is any bad news about China Resources Beer Group.

He shorted 5 million shares of China Resources Beer, opening a position at 30.00 yuan per share, but the stock price rushed to 36.00 at the close of trading this afternoon, and his stock account had a floating loss of 30 million Hong Kong dollars.

"The stock price has hit a record high of 36.00 yuan per share, so HSBC International Trust will not increase its holdings at a high level for the time being."

"Then Li Guangyu was unlucky enough. He shorted China Resources Beer and ended up encountering a giant financial institution like HSBC International Trust."

HSBC International Trust, I don’t know how many rich families and rich people will buy HSBC’s trust products, including many mainland rich people. One can imagine the scale of HSBC International Trust’s assets!

A small organization like Li Guangyu shorted China Resources Beer this time, and was ruthlessly crushed, and then liquidated, losing 280 million Hong Kong dollars!

Suddenly a scrolling news headline appeared.

[Ping An Group’s US stock market once again suffered a huge loss of 1 billion US dollars, and plans to sell 10 billion assets at a discount]

The Ping An Group is a giant, and this small amount of money may not be a big deal. Ping An Group may sell a lot of Hong Kong assets.

I don't know if the stock of that listed company will be sold off?

The outbreak of the subprime mortgage crisis in the United States is very serious, and it will trigger the global financial crisis in more than two months.

Wang Guanxi is very looking forward to September 14th.

"Let's talk about money first. After the outbreak of the global financial crisis, the Hang Seng Index plummeted by 10,676 points, a drop of more than 10,000 points. He can make a lot of money by shorting."

At this moment, Qiao Quanshan, general manager of Caitong Capital, a mainland fund company, was sleeping on his desk.

The stock market in the mainland has been falling recently, and the market has been falling for more than a month in a row. Because Caitong Assets holds many stocks in listed companies, the assets have shrunk severely, but there is no way around it.

Recently, he has also been exchanging shares frequently, selling off the stocks of listed companies with bad prospects, and then buying stocks of listed companies with good prospects.

At this time, the phone rang. It was Hao Yumao, a vice president of Ping An Fund.

After connecting, the other party should continue to redeem funds.

Probably need 2 billion.

Ping An Fund is a major client of Caitong Capital, and has entrusted tens of billions of assets to Qiao Quanshan's management. Last time it redeemed 1 billion, this time it will redeem 2 billion.

Qiao Quanshan asked: "Mr. Hao, give me a few days, we need to sell some assets"

Hao Yumao: "OK, no problem"

This time it was an order from his boss, which required a lot of money, so he thought of Caitong Capital, especially since the mainland stock market has been falling, and Caitong Capital's assets have also shrunk seriously. His boss hopes to redeem a certain amount of funds.

After thinking for a while, he said, "Mr. Qiao, we are in urgent need of funds now. I hope you can prepare 1 billion Hong Kong dollars in funds when the stock market closes this Friday."

"Okay, Mr. Hao, don't worry, it will be done on Friday." After finishing the phone call, Qiao Quanshan turned on the computer and checked the stock prices of various listed companies!

As a large-scale private equity fund in mainland China, Caitong Capital has an asset scale of 70 billion. Its clients are large financial institutions, insurance companies, trust funds, and wealthy individuals.

And Qiao Quanshan bought a lot of stocks of listed companies, some in the Mainland, some in Hong Kong, some in Japan, and his main investment is in Asia.

Penguin Group, China Resources Beer, BYD Auto, BYD Electronics, Sinopec, Sinopec, Moutai...

In the end, he settled on the stock chart of China Resources Beer Group.

He is very optimistic about the stock of China Resources Beer Group, which has recently risen from 20.00 to 36.00. Caitong Capital holds 7% of the shares of China Resources Beer Group, with a total of 113 million shares. The current stock price is 36.00 Hong Kong dollars per share. 4.084 billion Hong Kong dollars, which means that the recent sharp rise in stock prices has increased the value of these stocks they hold by 1.824 billion Hong Kong dollars.

"Let's sell the shares of China Resources Beer this time."

Ping An Fund needs to redeem 2 billion Hong Kong dollars, and it is completely enough for him to sell the shares of China Resources Beer.

The next day, June 26th, Thursday.

Qiao Quanshan got up very early and came to the headquarters of Caitong Capital. There were more than a dozen operators, several traders, and risk controllers in the trading room.

After saying hello and eating the breakfast brought by his assistant, he ordered: "When the Hong Kong stock market opens, sell the shares of China Resources Beer Group."

"Yes, Mr. Qiao." Several operators nodded one after another.

Soon the Hong Kong stock market opened, and they began to sell the shares of China Resources Beer.

200,000 shares!

····

The stock price of China Resources Beer kept falling.

It quickly fell from the 36.00 position to the 33.00 position.

As for HSBC International Trust, Jiang Quangang ordered: "Continue to wait and see."

The stock price has risen too high recently, and it is difficult for them to continue to increase their holdings at a high level. Now that the stock price has fallen so fast, there must be a large institution cashing out at a high level.

He is not a fool to be a receiver in a high position!

"Yes, Mr. Jiang"

Time flies, and the stock price fell all the way under the sell-off of Caitong Capital!

32.00!

31.00!

30.00!

After a short stay, the stock price continued to fall below the 30.00 position.

Five minutes later, the stock price fell to 29.50.

Wang Guanxi was very happy. His account changed from a floating loss of 30 million Hong Kong dollars to a floating profit of 2.5 million Hong Kong dollars. The net value of the account was as high as 155 million Hong Kong dollars.

··

At this moment, Zhang Dexi opened the stock account of Catalec Auto Insurance, the president's office, and this time he used 200 million funds as a risk deposit to allocate 800 million funds to HSBC Securities Company, intending to buy shares of China Resources Beer.

In other words, he gave HSBC Securities Company a risk deposit of 200 million yuan, and HSBC Securities Company gave him a stock account of 800 million yuan.

The leverage is 4 times, and he can only lose 200 million Hong Kong dollars. After losing the risk margin, he will be forcibly liquidated.

There are risks, but he is not worried.

Because he learned that HSBC International Trust was increasing its holdings of China Resources Beer on a large scale, he felt that the stock price of China Resources Beer would definitely rise to 50.00 yuan per share, so he wanted to go in and make a wave of quick money. When the stock price reached 45.00, he came out.

Now that the stock price has fallen to 29.5, it is time to make a move, and it will be too late for HSBC International to make a move.

So he started buying!

The stock price was directly pulled up by him!

500,000 shares!

···

The stock price rose rapidly!

Qiao Quanshan yelled: "Intensify selling!"

"Yes, Mr. Joe" Operators ramp up selling!

Zhang Dexi is buying like crazy, and Caitong Capital is also selling like crazy!

500,000 shares!

··

The stock price is fluctuating violently from 29.00 to 31.00!