314 Cut Hu! Technical genius horse boy!(1/2)
It's still morning, and the US stock market opened in the evening, and it's still early.
Then Wang Guanxi opened the news.
Hong Kong Business Daily: [Economic data is poor, US stocks fell sharply last night]
Today is Friday, and last night, U.S. stocks fell sharply last Thursday, with the Dow falling 348 points, and investors began to worry that the U.S. economy would fall into recession due to the increase in first-time unemployment claims and rapid decline in factory orders.
Although the Senate approved the rescue plan, there is still uncertainty as to whether the plan will be passed by the House of Representatives.
“Tonight is the House of Representatives’ vote on the new bailout plan”
"Hope everything goes well"
"The stock market may plummet or may surge if it passes the vote. If the vote fails, the stock market will definitely plummet!"
"The probability of falling tonight is greater than the probability of soaring!"
"If this Union Bank of India increases its holdings of US Bank of America tonight, that would be great."
"I hope they buy it in a high position and get stuck."
The U.S. stock market may plummet tonight due to the House vote, and the same is true for bank stocks, especially super banks like Bank of America, so the entry position is very critical.
Wang Guanxi doesn't want to short at a very low position, so he must enter the market at a high position.
But Wang Guanxi is not sure where the specific location is, it is about $40 per share.
Once Wang Guanxi's No. 4 fund shorts the US Bank of America tonight, the United Bank of India will definitely come to block it.
However, he expected the United Bank of India to buy at a high position, and then Wang Guanxi trapped them.
Of course, Wang Guanxi didn’t know how much money the Indian Union Bank mobilized to do to the Black Shirt Group!
Now that the assets that can be mortgaged have basically been mortgaged, Wang Guanxi is really worried about capsizing in the gutter.
This Indian has a lot of assets and a lot of cash flow, so he can lose many times, but if the Black Shirt Group loses once, then it will be over.
"Short carefully tonight"
"If the stock market keeps rushing up, if the entry position of the No. 4 Fund is incorrect, then you will be trapped on the Bank of America."
"Although I know that the stock price of Bank of America will keep falling in the future, before it keeps falling, what do you know where it will rise!"
"Maybe it's possible to rush to $50 per share"
Wang Guanxi gently pressed his temple.
Now that the funds are getting bigger and bigger, it is becoming more and more difficult to operate.
He has to come up with a good strategy.
An hour later, Wu Zhanhai came and said excitedly: "Boss, United Bank of India intends to acquire a small financial services company. Should we grab it?"
Wang Guanxi asked curiously: "Which financial services company?"
Wu Zhanhai said: "Huilian Financial Services"
This company operates a financial service platform and provides entrusted loans, pawn loans and other loan services, financial advisory services, financial leasing and factoring services.
This year, the losses were severe, reaching tens of millions of dollars, with a market value of HK$35 million left.
His total assets are HK$954 million, his liabilities are HK$108 million, and he still has HK$18 million in cash on the books.
However, the team operating the financial service platform is very needed by Blackshirt Investment Bank, especially the financial platform unique to Huilian Financial Services Company, which is also very suitable for Blackshirt Investment Bank's business department.
So Wu Zhanhai said: "Boss, this Huilian Financial Services team can make up for the shortcomings of Black Shirt Investment Bank in the financial service platform."
"At present, Jirayu Amin, the Asia-Pacific president of United Bank of India, has planned to acquire Huilian Financial Services Company!"
"Where do we want to grab it from United Bank of India?"
Wang Guanxi asked: "What is the offer from United Bank of India?"
Wu Zhankun said: "Jirayu Amin, the president of the Asia-Pacific of United Bank of India, gave Huilian Financial Services a quote of HK$50 million."
Wang Guanxi said directly: "We give a quotation of HK$70 million, and we immediately contact the shareholders of Huilian Financial Services Company. We will acquire it at a premium of 1 times for Black Shirt Investment Bank!"
I was always robbed by Indians before, but now it is Blackshirt Investment Bank’s turn to rob them.
This Huilian Financial Services Company is indeed very helpful for Black Shirt Investment Bank. It snatched the prey of United Bank of India at a premium of 1 times, which is also very good.
"Yes, boss" Wu Zhanhai hurriedly went to do it.
···
At this moment, Jirayu Amin, a café near the Hong Kong branch of the United Bank of India, is negotiating with several Huilian Financial Services shareholders.
Everyone talked and laughed for half an hour.
Jilayu Amin took a sip of coffee and said, "Mr. Liu, Mr. Wang, Mr. Chen, Mr. Zhang, if there is no problem, we will sign the agreement during dinner!"
"Okay, no problem"
"Mr. Jilayu, it's my honor to have dinner with you."
"Then we'll wait to sign the contract tonight."
Mr. Liu, Mr. Wang, Mr. Chen and others were very enthusiastic, while the other one was named Mr. Zhang, named Zhang Gongjun, who was a little reluctant to this acquisition.
This company has been with him for many years and he will sell it if he says he sells it.
He is just a small shareholder, and he is also a technology investor.
He only owns 5% of the shares in Huilian Financial Services Company.
He is a technology man. He thought that Indians would stay and continue to serve as company executives, but unfortunately Indians already have technical executives, so he has to leave.
He sold the entire company at a price of 50 million, and 5% of the shares, that is, Hong Kong dollars, was unwilling to leave with HK$2.5 million.
But there is nothing to do.
At this time his phone rang, so he got up to answer the phone.
The call was called by Wu Zhanhai, vice president of Blackshirt Investment Bank, saying that it was acquiring Huilian Financial Services HK$70 million.
After Huilian Financial Services Company became a subsidiary of Heishang Investment Bank, he was appointed as the head of Huilian Financial Services Company and the vice president of Heishang Investment Bank's technical department!
Zhang Gongjun was immediately moved.
Then after directly leaving the cafe with the other three major shareholders, he immediately went to convince them.
So the four of them just finished negotiations with Jirayu Amin, president of the Asia-Pacific of United Bank of India, and immediately drove to the Blackshirt Investment Bank.
Immediately sold Huilian Financial Services Company to Blackshirt Investment Bank.
The total share capital of Huilian Financial Services Company is 100 million shares.
The four people occupy 80% of Huilian Financial Services Company and hold 80 million shares.
The acquisition price was HK$0.7 per share, and the four people received HK$56 million.
Zhang Gongjun received HK$3.5 million.
The remaining 20% of the stocks circulating in the market are privatized.
However, in order to save money, Blackshirt Investment only gave HK$0.5 per share price to privatize the remaining 20% of the shares.
Then the share price of Huilian Financial Services immediately rose from HK$0.35 per share to HK$0.5 per share.
In the evening, a swimming pool near the Hong Kong Building of the Imperial Bank of India.
Nehru, Sandep Batra, Ratan Tata, Ferroz Sanhavi, Anand Mahindra, Raju Slov, Jirayu Amin and others have just finished the basketball game and come here to swim.
Jilayu Amin said with some flaunts: "I want to acquire a financial services company today."
Nehru asked, “What financial services company?”
Jilayu Amin said: "Huilian Financial Services Company"
Sandep Batra said, “Don’t this company lose money often?”
Ratan Tata also said: "Yes, why are you buying a loss-making company?"
Jilayu Amin smiled and said, "You don't understand this. I'm interested in its financial service platform. That technology is exactly what our United Bank of India needs."
Then Jilayu Amin said briefly, which made everyone envious.
Ferroz Sanhavi: "HK$50 million is worth it"
Anand Mahindra: "Just sell it to our Indian Varoda Bank"
Laju Slove: "Our overseas banks in India offer a price of 70 million, you can resell it to us."
Jilayu Amin pulled his long yellow curly hair and smiled and said, "You just envy me. I found the treasure. Although I lost money, after the acquisition, I can just cut off those loss-making businesses."
At this time, Ferroz Sanhavi said curiously: "Huh? The share price of Huilian Financial Services Company has reached HK$0.5 per share."
"What's going on?"
"Oh my God, Blackshirt Investment Bank suddenly announced the acquisition of Huilian Financial Services Company!"
It turned out that the proud Jilayu Amin immediately petrified, the quilt on his hand fell on the table, and the hot tea splashed on his pants.
"What!!" His face was extremely gloomy. He never expected that this black shirt investment bank would intercept its prey!
To be continued...