It really made him convinced.

Wang Guanxi smiled and said, "It's so average, it's really no big deal."

Stephen Steno and Brian Schreiber immediately knelt for Wang Guanxi.

Can this be said to be average?

Stephen Steno: "Mr. Wang, you are so young and you are a super rich man, it is really rare in the world."

Brian Schreiber also said: "Mr. Wang, having such achievements at your age is almost impossible to find in this world."

Wang Guanxi smiled and said, "Sit down, let's chat while drinking coffee."

So everyone sat down and started chatting.

Stephen Steinau was born into a wealthy family, but his father went bankrupt and worked part-time to study. He was admitted to Brown University, an Ivy League private university, and graduated with excellent grades.

From 1992 to 2008, Stephen Steno held various administrative positions at the Citizen Finance Group in Providence, Rhode Island, mainly responsible for credit, risk management, wholesale and regional banking, consumer lending, technology and operations.

He was appointed president in 2002 and CEO in 2005.

Wang Guanxi asked: "Mr. Stephen Steno, can you tell me the reason why you left the Citizen Finance Group?"

Stephen Steno thought for a moment and said, "My wife cheated on me..."

"Uh?" Wang Guanxi was stunned.

After chatting, everyone shifted the topic to the financial field and then talked about major banks.

Stephen Steno said: "The financial crisis is still intensifying now, and bank stocks have fallen badly recently."

"I hold a lot of Citibank stocks, and I lose about a few million dollars after closing the position. This is really a scam."

Wang Guanxi smiled and said: "I shorted a lot of stocks of Citibank, Wells Fargo, and Bank of America!"

Stephen Steinor was shocked and said, "Mr. Wang, you are so amazing. You shorted Citibank, Wells Fargo, and Bank of America early on. The stock prices of these three banks have fallen badly recently. You should have made a lot of money, right?"

The financial crisis is getting worse, Citibank, Wells Fargo, and Bank of America are all

Wang Guanxi smiled and said: "There is a lot of money on the books and the position has not been closed yet. Citibank's short orders may be closed tonight."

Fund No. 2, Fund No. 3, and Fund No. 4 are short of Citibank, Wells Fargo, and Bank of America. There are many floating profits on the books, but the positions have not been closed yet.

However, Citibank's stock price has fallen sharply. If it falls again tonight, it is the best opportunity to close the position. Then buy the bottom and short it, you can make a few waves of money from Citibank.

After an hour of chatting, we went to Ligang Hotel to have a meal together.

At dinner, Wang Guanxi directly hired Stephen Steno and appointed him as the chairman of Huntington Bank and the CEO, with an annual salary of $5 million and bonuses. Over the past year, the annual salary may be as high as more than $8 million.

Wang Guanxi said, "Stephen Steno, I hope you can take office soon and help me stabilize the Huntington Bank. I will go to the United States after about February!"

This Stephen Steno is indeed a very outstanding talent and can become his front-end horseman, preparing for Wang Guanxi to build a consortium in Ohio, USA in the future.

If Stephen Steno's wife hadn't cheated on her, he wouldn't have left the Citizen Finance Group.

Stephen Steno nodded: "Okay boss, I can go back to the United States tonight and take office in Ohio!"

He has been resting for several months, playing every day, relaxing, and having nothing to do, and has been decadent. Now he is eager to work and regain his life value, that is, to be a top banker.

Wang Guanxi said with satisfaction: "Okay, I'll arrange for a car to take you to the airport."

Then everyone talked. After dinner, Wang Guanxi asked the hotel's convoy to send Stephen Steno to Hong Kong International Airport.

Before leaving, Stephen Steno solemnly said: "Boss, I will give you a stable Huntington Bank soon, waiting for you to come to Ohio, USA."

Wang Guanxi: "Okay, Stephen Steno, I believe in your ability, do it with confidence, lay off employees with confidence"

Wang Guanxi then returned to the center of the black shirt.

Tonight is Thursday, January 1, 2009.

Citibank's stock price has fallen a lot. If the US stock market opens tonight and Citibank's stock price continues to fall, Wang Guanxi's No. 2 Fund can be closed.

In the trading room, Huang Shaokai said excitedly: "Boss, will we close Citibank, Wells Fargo, or Bank of America tonight?"

Now the stock prices of Citibank, Wells Fargo, and Bank of America have all fallen badly, and it seems that they can close their positions.

Wang Guanxi thought for a while and said, "Just Citibank. If Citibank's stock price plummets again tonight, we will close the position!"

Zhang Dexi also said: "The share price of Citibank has fallen to $63 per share. We have a lot of floating profits on the books and we are finally going to close the position."

The stock price of Citibank has indeed fallen badly. Recently, he has been paying attention to it and wanted to close the position early, but he didn't expect it to continue to fall.

Wu Zhankun also said excitedly: "Yes, we shorted Citibank early, and the interest rates were so high."

Finally, I have to close my position and cash out my profits. You should know that shorting Citibank stocks are borrowed from Indians, and the interest rate is as high as terrible every day.

Wang Juehao echoed: "Yes, we shorted Citibank on the evening of September 25, 2008. Now it's January 1, 2009. On Citibank, I don't know how much interest I have been paid."

He clearly remembers that Citibank's share price exceeded US$200 per share at that time. This time, shorting at a high level took a long time, and the daily interest rate was hundreds of thousands of dollars.

Bai Weiqiang sighed: "The interest rate exceeds 500,000 US dollars per year. To be honest, the interest rate in the past three months is so high. Fortunately, we have a lot of floating profits on the books, with floating profits exceeding 70%.

The principal of the fund No. 2 is US$1.032 billion!

When he was shorting Citibank, Citibank's stock price was $220 per share, and he borrowed 5 million shares from Nehru, a private pension in India, worth $1.1 billion.

The interest is 1.5% per month, or $16.5 million. In the past three months, more than $50 million of interest will be paid.

The No. 2 Fund shorted 5 million shares of Citibank stocks, with a position building position of US$213 per share.

Now Citibank's share price has fallen to $63 per share.

The floating profit per share was US$150, with a total floating profit of US$750 million.

The net value of the account is as high as US$1.782 billion.

Wang Guanxi said, "It's ready tonight. I'll keep an eye on it when the market opens."

"Yes, boss" everyone was very excited.

However, before the opening of the U.S. stock market, a news about Citibank appeared.

Wall Street Journal: [Citi Life and Death Calamity]

Since Lehman's bankruptcy triggered the Wall Street collapse and the credit market was completely frozen, in the eyes of investors, any institution may go bankrupt at any time. Everyone does not borrow money from each other, causing the capital market to fall into freezing. It was not until the $700 billion rescue plan was introduced that the credit market gradually thawed.

But recently, a series of deflationary economic news, large-scale clearance of hedge funds in leveraged loans and commercial real estate mortgage securities, forced insurance companies and fund managers to sell mortgage products, and a complete loss of confidence in Citigroup have led to a complete panic.

Credit markets are frozen again, and nervous investors flock to the "safe haven" of US Treasury bonds.

The yield on Treasury bonds fell to zero in three months, while the yield on the two-year U.S. Treasury bonds fell below 1% for the first time in history.

On the 19th, the bond market fell to its lowest point in more than 20 years.

The Dow Jones Index returns to its 1997 level.

There is no way to see where the bottom of the market is.

Lehman's bankruptcy is the general outbreak of the investment banking crisis, and now the fire spreads to commercial banks like Citi, which is considered a signal of the second wave of the financial tsunami.

Bloomberg: Citibank will trigger a second financial tsunami!

"This is simply a magical assist before the opening of the stock market." Wang Guanxi said in surprise: "The stock price of Citibank will definitely continue to plummet tonight."

Unexpectedly, before the opening, Citibank's news broke out in the media.

Huang Shaokai said excitedly: "Citibank's stock price will inevitably continue to plummet tonight, and we can close the position smoothly."

Zhang Dexi also said: "Yes, after closing the position tonight, you can earn at least $700 million."

Wu Zhankun said excitedly: "After closing the position this time, he returned the Citibank stock to India's private pension, and finally there is no need to pay their interest."

Wang Juehao: "Yes, but this time both Indian pension and Indian Industrial Trust and Investment Bank have suffered heavy losses on Citibank."

Bai Weiqiang: "This interest is simply insignificant compared to their losses."

Wang Guanxi laughed: "In fact, the interest rate is tens of millions of dollars, but they lost at least 10 times."

"Just wait for Citibank's stock to continue to plummet tonight."

"Haha, Nehru and Sandep Batra died of anger"

··

At this moment, Nehru looked at the headlines with a gloomy face!

"hateful!"

"TM, Citibank's stock price has risen and fallen in the past three months, and has plummeted recently!"

"I don't know where it will fall tonight."

"This miscellaneous black shirt group!"

"well!"

Indian private pension holds 5 million shares of Citibank shares, with a position built at US$136 per share!

Citibank's share price has fallen to $63 per share, with a loss of $365 million on the books.

He is now regretful, hateful, and jealous.

He slammed the cup on the ground wildly, venting his anger!
To be continued...