READ WEBNOVEL Forty-nine earned $500 million to cover 4-year losses
Hong Kong, after lunch, Wang Guanxi continued to stare at current affairs news, he didn't even bother to attend art class.
Been watching the news, hoping for news that Hume Bank's $3 billion loan was rejected, but no.
Shares of Hume Bank didn't plummet either, remaining steady at $80 a share.
Because Jinyong International is heavily shorted in Hume Bank's stock, and Wang Guanxi Mancang is long in Jinyong International's stock, as long as Hume Bank's stock falls to nothing, Jinyong International will make a lot of money, Jinyong International The stock will continue to soar after the fact!
Excitedly waiting.
Time flies by.
On the Hong Kong stock market, Jinyong International's share price fluctuated between 0.6 yuan per share and 0.7 yuan per share in the afternoon session, and finally closed at 0.7 yuan per share.
Looks like someone is buying Jinyong International's stock
Definitely saw the news that Hume Bank is seeking a $3 billion emergency loan
This must be the major shareholder of Jinyong International
At this moment, Jin Yong International's chairman's office, chairman Jin Yong, was very happy when he saw Hume Bank seeking a loan of 3 billion US dollars during lunch.
He used leverage to short the shares of Hume Bank, and has been fighting with the shareholders of Hume Bank.
Now Hume Bank can't hold it anymore, and it looks like it's running on a $3 billion emergency loan.
Once Hume Bank's $3 billion emergency loan was rejected, then Hume Bank's share price would plummet, and they would make a lot of money by shorting Hume Bank's stock.
When the announcement is made, Jin Yong International's stock will skyrocket, and his worth will rise a lot.
But what puzzled him was that this morning, some institutions frantically bought the shares of Jinyong International, which made him very curious.
It should be done by a shareholder of Jinyong International. That shareholder must know that Hume Bank is going to go bankrupt?
Who on earth is it?
Is it Shu Huadong, the third largest shareholder?
Then he called Shu Huadong to specifically ask about this.
Jin Yong: Old Shu, you have increased your holdings of the company's stock like crazy
Shu Huadong: I didn't do it, and I don't know who it is
Jin Yong: Forget it, that's a good thing. It's also a good thing that the market value has risen so much despite the tragic loss in performance.
So the two chatted.
Jin Yong told Shu Huadong that Hume Bank applied for an emergency loan of 3 billion US dollars, which was highly likely to be rejected.
Shu Huadong was excited to hear that.
Hume Bank is estimated to be doomed, and the stock price must plummet. Jinyong International, which uses leverage to short Hume Bank's stock, will make a lot of money, and Jinyong International's stock price will skyrocket after the event.
He regretted that he did not agree to buy the 50 million shares of Jinyong International in his hands at the market price of 0.32 yuan per share last night!
At the moment Qianyuan Equity Fund.
Qian Qingjun watched Jinyong International's share price skyrocket from 0.30 yuan per share to 0.70 yuan per share today, an increase of 133%.
Great, did you finally exert your strength?
Which agency is buying like crazy?
He was very excited in his heart, wondering whether to start selling the stock tomorrow. If he sells wildly, the stock price will definitely fall sharply if there are not enough takers.
Just wait and see, if the stock price rushes to the position of 1 yuan per share, the 50 million shares he holds will not lose much money.
Before, he bought these 50 million shares at the price of 1 yuan per share. When the stock price hits 1 yuan per share, he will slowly sell the stock, which may cause the stock price to drop sharply, but it will not lose a lot. money.
At this time, his phone rang, and it was Shu Huadong who called, saying that he planned to buy the 50 million shares in his hands at a price of 0.5 yuan per share, but Qian Qingjun refused to agree.
Old Shu, the stock price will soon rise to 1 yuan per share. I'll just ship it slowly.
How could I still sell it to you at 0.5 yuan per share?
After a few chats, we ended the call.
At this moment, Jin Yong International Company, Shu Huadong regretted it.
Before, he heard from Chairman Jin Yong that Jin Yong International Company shorted the stock of a bank in the United States.
At 9:00 this evening, the bank suffered heavy losses, bond prices plummeted, and they made big profits in their accounts.
It will be announced the day after tomorrow, when Jin Yong International will skyrocket.
The hateful thing, someone bought the stock of Jinyong International Company in advance today!
Not him, not the chairman, definitely another shareholder!
After thinking about it, he continued to call Qian Qingjun to negotiate.
Finalized.
At the price of 0.7 yuan per share, he bought the 50 million shares in Qian Qingjun's hands, worth 35 million Hong Kong dollars.
Soon the two signed a contract in the evening, and he happily paid 35 million Hong Kong dollars to Qian Qingjun.
Old Shu, thank you. Qian Qingjun didn't know that Hume Bank applied for an emergency loan of 3 billion US dollars, let alone that Jin Yong International Company shorted Hume Bank.
Shu Huadong: Haha, old money, everyone has known each other for so many years, I think I can help a bunch, and I'm also optimistic about the follow-up trend of Jin Yong International's stock.
The U.S. stock market opened in the evening.
Shares of Hume Bank, Missouri, plummeted, plummeting from $80 to $40 a share.
According to the news, it was run by customers, drawing out a large amount of working capital, and the loan was taken out and could not be recovered. The bank was hit by an unprecedented crisis, and the application for emergency loan of 3 billion US dollars had been rejected.
Wang Guanxi was overjoyed when he saw this scene.
He knew that Jin Yong, the chairman of Jin Yong International Company, had used leverage to short the shares of Hume Bank for a long time.
This time Jinyong International seems to have made 500 million US dollars, making Jinyong International's stock skyrocket!
And Wang Guanxi Mancang bought the stock of Jinyong International Company at the bottom, and will make a lot of money.
Just sit and wait to get paid.
At this moment, Jin Yong International Company, in the office, Jin Yong, Shu Huadong and others saw that the stock price of Hume Bank was a thousand miles away, and they were instantly overjoyed.
Their company makes a lot of money!
The next day, Hume Bank was run again, cash flow was drained by customers, and it was on the verge of bankruptcy.
Shares plummeted 80%
From $40 a share to $8 a share.
Their Jin Yong International Company also closed the position and made a profit of 500 million US dollars, which is 3.85 billion Hong Kong dollars, making up for the losses of these four years!
Big money!
The news is announced immediately, the company has covered four years of losses
Ha ha!
Tomorrow, our company's stock price will skyrocket!
Everyone is very excited. Jinyong International has made 500 million US dollars this time, and the stock price of Jinyong International will skyrocket, and all of them will be worth twice as much.