After finishing the call with Brian Schreiber, the global vice president of Aig Group, Wang Guanxi opened the stock chart of Aig Group.

This time, Lehman Brothers made $410 million, and it was the turn of American International Group.

Brian Schreiber would never have thought that in the blink of an eye, Blackshirt Insurance Company would short the American International Group.

Currently, the share price of American International Group is at $360 per share, and is still in a rising momentum.

Wang Guanxi plans to wait until it rises to $400 per stock before shorting it. He clearly remembers that on September 8, financial stocks around the world were rising.

So it's time to Monday, which is the evening of September 8th.

Thinking of this, Wang Guanxi asked Huang Shaokai and others: "How much have you borrowed from aig Group's stock?"

I am about to do a big fight on aig group, so I don’t know how many stocks I have borrowed.

Huang Shaokai hurriedly said: "Chairman, he has received 3 million shares at present."

Nowadays, the stock price of Aig is very expensive, with 3 million shares. If you count it as $360 per share, it is worth $1.08 billion.

These 3 million shares come from BlackRock Group, Citibank, and UBS Group, each of which is exactly 1 million shares. These 1 million shares are calculated based on the current share price of US$360 million.

Wang Guanxi said, "Continue to borrow!"

Currently, the cash flow of Blackshirt Insurance Company is as high as HK$16.1 billion, which is only 3 million shares, which is a little less. He needs more stocks. By next Monday, the US stock market will open and short US International Group.

"Yes, boss." Huang Shaokai and others called again to inquire.

It was soon learned that the Indian Industrial Credit Investment Bank owns shares of Aig Group, totaling 1 million shares!

The other party agreed, and the agreement could be signed the next morning.

At that time, the Hong Kong branch of the Indian Industrial Credit Investment Bank will come to the Blackshirt Insurance Company, or the Blackshirt Insurance Company will come over.

This time, we will collect 4 million shares to short aig Group!

Wang Guanxi said: "Let them come over, we can't go over."

"Okay, boss" Huang Shaokai quickly called.

Then Wang Guanxi opened up the current affairs news.

[The British government takes 1 billion pounds to save the property market]

The British government and real estate developers jointly contribute to provide interest-free loans that are up to one-third of the value of a new home to first-time home buyers with annual income of less than £60,000, with a maximum term of five years.

The government will contribute funds to help buyers who have difficulties in repaying loans, and exchange some or all of the property rights in exchange.

The government is considering exempting some home buyers from stamp duty on real estate transactions, etc.

"Real estate in the UK has also been hit by American real estate!"

"When it comes to real estate, how can I forget the real estate giants of the United States, Fannie Mae and Freddie Mae!"

Fannie Mae and Freddie Mae are the two largest non-bank housing mortgage companies in the United States.

Fannie Mae and Freddie Mae were founded in 1938 and 1970, respectively, and are special financial institutions controlled by private investors but supported by the U.S. government.

The main business of the two companies is to purchase housing mortgage loans from mortgage companies, banks and other lending institutions, and securitize some of the housing mortgage loans and sell them to other investors.

The mission of Fannie Mae and Freddie Mae is to provide liquidity, stability and purchasing power to the housing market.

They acquire mortgage loans in the secondary market, form an asset pool, and then use this as a basis to issue securities to investors in the open market, i.e. mortgage-backed securities.

The two companies guarantee repayment interest and principal reports based on their securities.

This secondary mortgage market increases the supply of funds available to mortgage lenders and thus also increases the supply of funds available to new home buyers.

Fannie Mae and Freddie Mae are the main sources of funding for U.S. housing mortgages, with the total amount of housing mortgages they hold or guaranteed at about $5.3 trillion, accounting for almost half of the total U.S. housing mortgage loans.

Affected by the bursting of the US real estate bubble, Fannie Mae and Freddie Mae have fallen into a full-scale crisis.

Affected by the US subprime mortgage crisis, U.S. real estate mortgage giant Fannie Mae was in a loss of $70 billion in July 2008.

Freddie and Mac also suffered a loss of at least $50.1 billion!

The two mortgage giants lost more than $120 billion.

Wang Guanxi remembers that every time, on September 7, that is, on the weekend, the US government will announce the takeover of Fannie Mae and Freddie Mae to prevent trillions of mortgaged bonds from defaulting.

Then on September 8, Fannie Mae and Freddie Mae's stock prices both plummeted by 80%, while financial and bank stocks soared!

The share price of aig Group also soared to more than US$400 per share.

"I short Fenlimei this Friday, and then short Aig Group next Monday."

"At that time, Fannie Mae's stock price plummeted by 80%. I closed my position and then shorted Aig Group. It's so perfect."

Thinking of this, Wang Guanxi called Huang Shaokai and others again and ordered: "You go and borrow Fannie Mai's stock, and I want to short Fannie Mai!"

The 4 million shares of Aig Group have been booked. Blackshirt Insurance Company needs to prepare about US$1.6 billion in cash, which is OK if it counts as HK$13 billion.

Blackshirt Insurance Company has a cash flow of HK$16.1 billion.

So there is still 3.1 billion Hong Kong dollars left, and this 3.1 billion Hong Kong dollars is counted as 400 million US dollars.

It can be used to short-term Fanglimei.

Now Fannie Mae’s stock price is at $7 per share, and you can short 50 million shares.

Thinking of this, Wang Guanxi continued: "Borrow at least 50 million shares of Fannie Mae's stock"

According to Fannie Mae's current market value, shorting 50 million shares is not a small amount. He hopes to borrow more than 50 million shares.

"Yes, boss" the gangsters continued to work.

After the gangsters left, Wang Guanxi stayed for a while and left Yonglong Building. He walked on the street and was a little hungry.

So the two found a place to have midnight snacks.

At the roadside stall, there were two middle-aged people having midnight snacks, and the thing they were talking about was buying insurance!

They are all unemployed and cannot afford insurance this month.

What to do?

Both of them were very worried.

"Oh, I just lost my job, our company went bankrupt, and I can't find a job now"

"Brother, so is me. I'm unemployed and have no job, so I can only stop paying insurance."

Many of the people around who eat midnight snacks are unemployed.

Wang Guanxi stopped his chopsticks, then stood up, bought all the orders of the customers around him, spent tens of thousands of yuan, and then returned to the Black Shirt Insurance Company.

Now Blackshirt Insurance Company has a total assets of 27.1 billion, a liability reserve of 11 billion, and a cash flow of 16.1 billion.

Total liabilities of 24 billion,

Net assets of 3.1 billion.

Today's economy is not good, and many people are unemployed, especially customers of black shirt insurance companies. Many of them have stopped paying insurance, which means that customers are having a very sad life this year.

In order to increase the insurance enthusiasm and confidence of customers, we will continue to buy insurance from black shirt insurance companies when we have money in the future, giving insurance customers some hope, and specially distributed HK$100 million in dividends to insurance customers. This year, it will be the only dividend for the entire Hong Kong insurance company.

Among the customers, there were people who bought dividend insurance of 10,000 yuan, and each received dividend of 10,000 Hong Kong dollars.

It is such a conscientious insurance company, which allows customers who buy dividend insurance to feel the warmth of the insurance company.

The dividends to customers are not 70% of the net profit, but 70% of the distributable profit.

(Distributeable surplus = total income of the insurance company – tax costs – operating costs – shareholder income – salesperson commissions, etc.)

Distributable surplus ≠insurer profit.

For example, a company earns 100 million yuan, and after deducting daily costs of 30 million, there will be 70 million yuan. Then the dividends of shareholders can be 50 million, or 60 million yuan. The remaining 70% will be paid to customers, but the dividends of shareholders may also be 70 million yuan. It is theoretically possible not to give a penny to customers!!

This time, warmth was brought to 10,000 people, each of which would make Hong Kong Black Shirt Insurance Group famous, and other insurance groups had unsightly performance. In the future, Hong Kong Black Shirt Insurance will attract a large number of customers and a large number of people will be transferred to take out insurance.

As a shareholder, the parent company Heishang Capital Holding Group distributed 3 billion yuan in dividends.

After the dividends, the total assets of the Black Shirt Insurance Company were 24 billion yuan, the liability reserve was 11 billion yuan, and the cash flow was 13 billion yuan.

Total liabilities of 24 billion,

Net assets 0.

This HK$13 billion will be used to short aig Group.

Blackshirt Capital Holdings Group (Blackshirt Group), the parent company of Hong Kong Blackshirt Insurance Company, received a profit of HK$3 billion.

This HK$3 billion was injected into the Blackshirt hedge fund under the Blackshirt Group by Wang Guanxi. The HK$3 billion will be used to short the Franchise Limei!

The next morning on September 4th, the 10,000 customers of the Black Shirt Insurance Company each received a dividend of HK$10,000, and they were so happy.

"This is a conscientious insurance company. Damn, I just bought a dividend insurance of 20,000 yuan and actually gave me a dividend of 10,000 yuan. I'm so conscientious."

"I just lost my job and actually received a dividend of HK$10,000. I bought this insurance so well."

"I bought this insurance right"

"I saw a lot of negative news about Blackshirt Insurance Company before, but I actually believed it."

"Conscience Insurance Company"
To be continued...