The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce
Chapter 6: The stock market crash is coming, and the sword is aimed at the four major families
One billion U.S. dollars is not a small amount, and far exceeds the foreign exchange reserves of some small countries.
He had a hunch that this would be a massive operation.
There was a hint of excitement and excitement in his voice.
"Okay, let me make a phone call first."
Robert didn't ask any more questions, and he became more and more curious about the target of the action.
On the other side, Wang Lei ate a loving breakfast made by Qiu Shuzhen and dialed a familiar number on his satellite phone.
"Lee, I heard that you returned to Hong Kong City?"
"Why don't you say hello to me? You promised to treat me to a drink last time."
"I've waited so long in vain, you didn't even give me a call."
A female voice full of resentment came from the phone, greeting Wang Lei familiarly.
Wang Lei had no intention of joking with her and directly stated his purpose.
"Jocelyn, I need some money urgently."
Qiaocelyn is the eldest daughter of Blackstone Capital. Her family controls tens of billions of dollars in hedge funds and is known as the king of private equity.
As soon as she heard that it was a serious matter, the young lady immediately became serious:
"Okay, no problem. How much do you need? I'll have someone prepare the transfer process."
The two of them have cooperated not once or twice, and it is not an exaggeration to describe them as knowing each other.
The eldest lady admired Wang Lei's trading ability. It was common for Wang Lei to borrow money and use leverage, and he never failed.
She was a witness to Cayman Capital's growth from 0 to 10 billion, and she once doubted Wang Lei's true identity.
"Um...[-] billion is okay?"
"Dollar?"
"Dollar!"
There was a long silence on the other end of the phone, as if Wang Lei was still digesting the impact.
"Cayman Capital's 10 billion fund can be used as a margin." Wang Lei had to emphasize.
10 billion was given to Blackstone as a margin and 100 billion was lent, which is equivalent to a high leverage of 10 times.
10x leverage is commonplace for large institutions.
Normally, given Wang Lei's past record, Qiao Silin would not have any hesitation.
The bad thing is that the amount is huge, and even Qiaoceline, as the vice president of Blackstone, cannot make an immediate decision.
After a moment, Qiao Silin came back to her senses:
"You have to think clearly, as long as you lose 10%, your Cayman capital will become negative equity."
"Of course, that was five years of my hard work."
"Okay, you need to cooperate with me in signing a gambling agreement."
Listening to the harsh requirements in the gambling agreement, Wang Lei looked as usual.
He knew history and knew that he could not lose.
No matter how excessive Qiao Silin's request was, he would accept it without hesitation.
"...If Party B fails to repay the principal and interest within the agreed time, Mr. Wang Lei will automatically become Blackstone's investment manager, and the labor contract will be indefinite..."
Tsk, Wang Lei couldn't help but roll his eyes.
This woman is so cruel that she actually wants him to work for Blackstone for the rest of his life.
Unfortunately, he is destined not to let Qiao Silin's "conspiracy" succeed.
"Well...that's all for now.
I gave you a blood transfusion under great pressure. If the board of directors pursues the matter, I may take the blame and resign. "
Qiao Silin rarely looked like a young woman, which caused Wang Lei to chuckle secretly.
"Okay, okay, why don't I treat you to dinner next time I go to New York?"
"This is what you said, I'll have someone handle the transfer procedures for you right now."
After hanging up the phone, Wang Lei found Qiu Shuzhen looking at him with wide eyes, full of shock.
She was frightened by Wang Lei's generosity.
In her mind, someone with assets of several million is considered a rich person.
What did she hear just now?
The man in front of me actually has assets worth up to one billion!
What frightened her even more was that the other party borrowed 100 billion in funds just by opening her mouth.
She suddenly found that she had lost the concept of money.
The female lead in "The Good News" received only HK$15!
The huge gap suddenly made her feel that her efforts were meaningless, even if she became a big star and her acting contracts rose to millions of dollars for Fang Shilong.
Earning [-] million is also a goal that cannot be achieved in a lifetime.
She looked at Wang Lei with eyes that became even hotter.
You must win this man's heart!
Wang Lei picked up the phone again and dialed back.
"Robert, I made a deal with Blackstone and I need you to hand it over."
"Okay boss, I have received a notification from Blackstone."
When he said this, Robert's voice was full of excitement. That was 100 billion in funds.
"I predict that the U.S. stock market will crash in mid-October. You know what to do."
Robert has long been accustomed to the boss's predictions.
The boss never makes a mistake.
With such inside information, it is really unjustifiable for him to hold back any more.
"Okay, I will use the funds to short U.S. stocks, boss, don't worry."
"No, you don't understand me."
Robert scratched his hair and asked humbly: "Boss, what other plans do you have."
"U.S. stocks are of course the focus of our short selling."
"But a sudden collapse of U.S. stocks will soon cause panic in global financial markets."
"It will soon become a global stock market crash."
"At that time, investors around the world will sell U.S. dollars in the foreign exchange market, which will inevitably cause a substantial depreciation of the U.S. dollar."
"Hong Kong City will choose to close the market after the first round of decline, and selling orders that have been squeezed for several days will pour in..."
A few simple words made Robert realize that this was an unprecedented stock market crash, and the subsequent effects would bring unlimited business opportunities.
"The one-day decline in Hong Kong City will set a world record. This is our best opportunity to short the four major family industries!"
The four major families almost monopolize the core industries of the entire port city.
It is extremely difficult for outsiders to get a piece of the pie.
Their Wang Group can only eat scraps from the back.
This time the stock market crash made Wang Lei see an opportunity.
As early as the 70s, the core industries of the four major families began to be listed together.
Especially in the real estate industry, they have launched the black-hearted "pre-sale and installment payment"!
Let Hong Kong City's real estate rocket be equipped with an engine.
During the boom in real estate prices, they peddled their hoarded properties and cashed in profits to push up stock prices.
Take advantage of high stock prices to raise large amounts of funds to reserve cash.
When the real estate market is in a downturn (usually the stock market is also in a downturn), while frantically purchasing land and properties, they also acquire non-real estate listed companies that own large amounts of land.
These companies are exceptionally cheap during a stock market downturn.
After several cycles, the strength of the four major families increased exponentially.
Take Huanghe Industrial as an example. When it went public in 72, it only had a market value of HK$1.26 million.
By 1981, Huanghe Industrial already had a market value of HK$78 billion!
Now five years later, the market value of Huanghe Industrial has already exceeded the [-] billion Hong Kong dollar mark!
The high share price gives the Cayman Foundation a lot of room for short selling.
The port city is so small that if there is any slight disturbance in the financial market, the world will know about it.
He had a hunch that this would be a massive operation.
There was a hint of excitement and excitement in his voice.
"Okay, let me make a phone call first."
Robert didn't ask any more questions, and he became more and more curious about the target of the action.
On the other side, Wang Lei ate a loving breakfast made by Qiu Shuzhen and dialed a familiar number on his satellite phone.
"Lee, I heard that you returned to Hong Kong City?"
"Why don't you say hello to me? You promised to treat me to a drink last time."
"I've waited so long in vain, you didn't even give me a call."
A female voice full of resentment came from the phone, greeting Wang Lei familiarly.
Wang Lei had no intention of joking with her and directly stated his purpose.
"Jocelyn, I need some money urgently."
Qiaocelyn is the eldest daughter of Blackstone Capital. Her family controls tens of billions of dollars in hedge funds and is known as the king of private equity.
As soon as she heard that it was a serious matter, the young lady immediately became serious:
"Okay, no problem. How much do you need? I'll have someone prepare the transfer process."
The two of them have cooperated not once or twice, and it is not an exaggeration to describe them as knowing each other.
The eldest lady admired Wang Lei's trading ability. It was common for Wang Lei to borrow money and use leverage, and he never failed.
She was a witness to Cayman Capital's growth from 0 to 10 billion, and she once doubted Wang Lei's true identity.
"Um...[-] billion is okay?"
"Dollar?"
"Dollar!"
There was a long silence on the other end of the phone, as if Wang Lei was still digesting the impact.
"Cayman Capital's 10 billion fund can be used as a margin." Wang Lei had to emphasize.
10 billion was given to Blackstone as a margin and 100 billion was lent, which is equivalent to a high leverage of 10 times.
10x leverage is commonplace for large institutions.
Normally, given Wang Lei's past record, Qiao Silin would not have any hesitation.
The bad thing is that the amount is huge, and even Qiaoceline, as the vice president of Blackstone, cannot make an immediate decision.
After a moment, Qiao Silin came back to her senses:
"You have to think clearly, as long as you lose 10%, your Cayman capital will become negative equity."
"Of course, that was five years of my hard work."
"Okay, you need to cooperate with me in signing a gambling agreement."
Listening to the harsh requirements in the gambling agreement, Wang Lei looked as usual.
He knew history and knew that he could not lose.
No matter how excessive Qiao Silin's request was, he would accept it without hesitation.
"...If Party B fails to repay the principal and interest within the agreed time, Mr. Wang Lei will automatically become Blackstone's investment manager, and the labor contract will be indefinite..."
Tsk, Wang Lei couldn't help but roll his eyes.
This woman is so cruel that she actually wants him to work for Blackstone for the rest of his life.
Unfortunately, he is destined not to let Qiao Silin's "conspiracy" succeed.
"Well...that's all for now.
I gave you a blood transfusion under great pressure. If the board of directors pursues the matter, I may take the blame and resign. "
Qiao Silin rarely looked like a young woman, which caused Wang Lei to chuckle secretly.
"Okay, okay, why don't I treat you to dinner next time I go to New York?"
"This is what you said, I'll have someone handle the transfer procedures for you right now."
After hanging up the phone, Wang Lei found Qiu Shuzhen looking at him with wide eyes, full of shock.
She was frightened by Wang Lei's generosity.
In her mind, someone with assets of several million is considered a rich person.
What did she hear just now?
The man in front of me actually has assets worth up to one billion!
What frightened her even more was that the other party borrowed 100 billion in funds just by opening her mouth.
She suddenly found that she had lost the concept of money.
The female lead in "The Good News" received only HK$15!
The huge gap suddenly made her feel that her efforts were meaningless, even if she became a big star and her acting contracts rose to millions of dollars for Fang Shilong.
Earning [-] million is also a goal that cannot be achieved in a lifetime.
She looked at Wang Lei with eyes that became even hotter.
You must win this man's heart!
Wang Lei picked up the phone again and dialed back.
"Robert, I made a deal with Blackstone and I need you to hand it over."
"Okay boss, I have received a notification from Blackstone."
When he said this, Robert's voice was full of excitement. That was 100 billion in funds.
"I predict that the U.S. stock market will crash in mid-October. You know what to do."
Robert has long been accustomed to the boss's predictions.
The boss never makes a mistake.
With such inside information, it is really unjustifiable for him to hold back any more.
"Okay, I will use the funds to short U.S. stocks, boss, don't worry."
"No, you don't understand me."
Robert scratched his hair and asked humbly: "Boss, what other plans do you have."
"U.S. stocks are of course the focus of our short selling."
"But a sudden collapse of U.S. stocks will soon cause panic in global financial markets."
"It will soon become a global stock market crash."
"At that time, investors around the world will sell U.S. dollars in the foreign exchange market, which will inevitably cause a substantial depreciation of the U.S. dollar."
"Hong Kong City will choose to close the market after the first round of decline, and selling orders that have been squeezed for several days will pour in..."
A few simple words made Robert realize that this was an unprecedented stock market crash, and the subsequent effects would bring unlimited business opportunities.
"The one-day decline in Hong Kong City will set a world record. This is our best opportunity to short the four major family industries!"
The four major families almost monopolize the core industries of the entire port city.
It is extremely difficult for outsiders to get a piece of the pie.
Their Wang Group can only eat scraps from the back.
This time the stock market crash made Wang Lei see an opportunity.
As early as the 70s, the core industries of the four major families began to be listed together.
Especially in the real estate industry, they have launched the black-hearted "pre-sale and installment payment"!
Let Hong Kong City's real estate rocket be equipped with an engine.
During the boom in real estate prices, they peddled their hoarded properties and cashed in profits to push up stock prices.
Take advantage of high stock prices to raise large amounts of funds to reserve cash.
When the real estate market is in a downturn (usually the stock market is also in a downturn), while frantically purchasing land and properties, they also acquire non-real estate listed companies that own large amounts of land.
These companies are exceptionally cheap during a stock market downturn.
After several cycles, the strength of the four major families increased exponentially.
Take Huanghe Industrial as an example. When it went public in 72, it only had a market value of HK$1.26 million.
By 1981, Huanghe Industrial already had a market value of HK$78 billion!
Now five years later, the market value of Huanghe Industrial has already exceeded the [-] billion Hong Kong dollar mark!
The high share price gives the Cayman Foundation a lot of room for short selling.
The port city is so small that if there is any slight disturbance in the financial market, the world will know about it.
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