My Age of Investment

   Chapter 1175 Dark Clouds in Europe

   The next day.

Xia Jingxing got up early, took a shower, and after having breakfast at the hotel, he led a team of secretary assistants led by Liu Xiaoduo and a security team led by Zhang Chenguang to the First Canada Plaza Building, also known as the Canary. Pier Tower.

   Vision Capital's London office is located on the 49th floor of the tallest building in London.

   As soon as the group walked out of the elevator, they saw the front desk of the company behind the glass door, and a colorful sculpture of Guan Erye standing at the front desk with a height of nine feet and a ratio of one to one in Romance.

  Holding the Qinglong Crescent Sword, next to the majestic-looking statue of Guan Erye, there were already many executives who came to greet the big boss.

  Li Yaozu stood in the front row, he walked forward with a smile, ready to welcome Xia Jingxing into the company.

   "Wait! I'll put incense on Erye Guan first!"

  Xia Jingxing suddenly saw the incense burner in front of the second master Guan, which was filled with LED electronic incense. On a whim, he felt that he should thank the second master.

  Li Yaozu moved his second master to this foreign country, and he didn't know if there would be enough incense on weekdays. What if he couldn't become a local god?

   Li Yaozu patted his head, he almost forgot, according to the etiquette, it is indeed the first to put incense on the second master.

   took the incense that Li Yaozu handed over, and under the gazes of the blond executives, Xia Jingxing respectfully bowed three times to Lord Guan, and then put the incense in the incense burner.

Except for the Chinese people around   , other white people are not surprised by this.

  Li Yaozu pays homage to Guan Erye every day at work, and then receives blessings from the mysterious power of the East, leading the team to traverse the financial market.

   This is no secret in the whole company.

  There are white employees with poor performance who are also secretly paying homage to the second master. .

  Although they believe in God, but God does not send money, but they can believe in Second Master Guan!

  Because some people have worshipped Guan Erye several times, the performance has really improved.

   In fact, it was the global financial crisis caused by the collapse of Lehman Brothers, which led to a great success in shorting financial stocks.

   But some people don't think so.

   Didn't you see Guan Erye's knife aimed at the nearby HSBC Building and Citi Building? Then the stock prices of both companies fell miserably!

   also said that it is not blessed by mysterious power, who believes it?

  Xia Jingxing, accompanied by Li Yaozu, walked through the staff office area with a smile and came to his chairman's office.

  The orientation and lighting of the office are very good, and at the same time, it is located at an altitude of more than 200 meters, so you can have a panoramic view of the whole London.

Xia Jingxing took a cup of coffee, walked to the floor-to-ceiling window, and looked at the HSBC Building and Citi Building, which were a few dozen meters shorter and about 200 meters high. Then he pointed to the two buildings and said, "Find someone to ask another day. Are the two companies going to sell the building?

  If we are willing to sell, we can pay off the entire purchase price in cash to relieve their urgent needs.

   We are all financial peers. Can we help or help? Envision Capital walks the rivers and lakes, but we still can't offend all our fellows in the rivers and lakes. "

  Li Yaozu held back his laughter, Mr. Xia is indeed a very particular person, and he has come to this point, and he did not forget to pick up another handful of wool.

   He vaguely remembered that the boss had said something similar before.

   At the time, I thought it was bragging and made fun of the two banks.

   Looking at it now, it is not that there is no possibility of a successful acquisition, the bragging bulls are likely to be realized one by one.

   "Okay, I'll send someone to ask another day. Now the two banks are out of money, I don't think they will reject our kindness."

  Xia Jingxing nodded slightly. Now that he has bought one or two buildings, it can be regarded as a bargain hunter. If he holds it for a few years and then sells it after the house price rebounds, he can still make a lot of money.

   But the rate of return is not very high, at most one or two times.

   He doesn't like this kind of mosquito legs very much, but Envision Capital can raise real estate funds, and use other people's money to speculate on properties in other countries.

   This is what Blackstone does. It engages in all kinds of funds, and it is especially good at bargain hunting for commercial office buildings and shopping malls.

   The two chatted in the office for a while, and Liu Xiaoduo knocked on the door and walked in, notifying that the meeting was ready.

   When the two came to the conference room, there were already more than ten executives from the London office.

  Li Yaozu presided over the entire meeting. He first opened the PPT to show the short positions covering the financial markets of many European countries, up to 20 billion US dollars, and then analyzed the rescue measures of various countries one by one.

   “Earlier this month, the FTSE 100 suffered its biggest one-day drop since 1987, with banking stocks bearing the brunt.

   At the same time, due to the severe drop in depositor confidence, many banks also experienced deposit runs. In addition, British banks relied heavily on interbank lending business, and the liquidity of bank funds suffered serious damage.

   The Bank of England, as the central bank of the United Kingdom, after the Federal Reserve announced a rescue plan of 700 billion US dollars, it also followed up with 250 billion pounds of rescue measures.

   First emergency injection of 50 billion pounds to large commercial banks, followed by 200 billion pounds of short-term borrowings for major banks to help restore liquidity to the market.

   At the same time, the British government also introduced a temporary bill to increase the deposit guarantee for each bank depositor from the original 35,000 pounds to 50,000 pounds, to appease the depositors who are panicking to withdraw money everywhere.

   In addition, the government also acquired 100% of Northern Rock Bank, which suffered a severe run.

   Royal Bank of Scotland and Lloyds Bank have also been acquired by the government with 83% and 41% of the equity.

  The method of government capital injection promoted the nationalization of bank shares, and also led to the rescue of other financial institutions by the bank holding group. The main rescue method was acquisition.

  Big fish eat small fish, and banks with healthier finances buy banks that are on the verge of financial collapse. This is in the same vein as the rescue measures in the United States, almost exactly the same. "

"The governments of France, Germany, Spain and other three countries have basically simultaneously launched a package of bank rescue plans, involving a total of 960 billion euros, or about 1.3 trillion U.S. dollars, aimed at guaranteeing interbank loans and acquiring major banks' shares, thereby preventing The European financial system has collapsed."

  …

  Xia Jingxing listened with interest, and even there was a bank run. One can imagine how big the dark cloud of the financial crisis is hanging over the European people.

Most of the funds deposited by depositors in the bank are used for lending, and they cannot be recovered for a while, and the common people are anxious to withdraw money. Generally, banks borrow funds from each other. You help me today, and I will help tomorrow. you……

   But now everyone is short of money, and at the same time they are worried about lending you money. What if you go bankrupt? Didn’t I get dragged into the water?

   Therefore, central banks directly inject capital into banks and provide guarantees for interbank lending, in order to resolve this crisis of confidence.

The root cause of the    crisis is mistrust.

  The people do not trust banks, and there is also a lack of trust between banks and banks.

   "Deutsche Bank's share price was 90 euros at the beginning of the year, and now it has fallen to only 18.8 euros, a drop of nearly 80%."

   "BNP Paribas is down 52% this year, and Societe Generale is down 54%."

   "Spain's Bank of Valencia fell by 97.2%, Santander fell by 36.2%, and Bilbao Vizcaya Bank fell by 50.8%."

   "Lloyds Bank fell 82%, Barclays fell 67%, Halifax Bank of Scotland fell 90.4%, and Royal Bank of Scotland fell 87%."

  …

   After showing the declines of nearly 100 financial and bank stocks in many European countries this year, Li Yaozu stood on the stage with a smile and said, "This is the general situation.

  Xia Jingxing laughed when he heard the words, "It did fall a bit tragically. Those who didn't know it thought that the European countries were at war with each other."

   Li Yaozu sneered, "Almost so, the last time the entire European stock market fell so badly was when the head of state was in power."

  Xia Jingxing chuckled: "Stop talking about history, then you and the team will study it carefully and come up with an exit plan that maximizes returns.

   Don't worry, first close the positions of those banks whose stock prices have fallen the most and are on the verge of getting out of the crisis. "

  Li Yaozu said with a smile: "I understand that there will be no loss of profit on this.

   In fact, with so many banks having problems together, the entire European financial system is in a mess, and it will not be able to return to normal for a while.

   Even if it returns to normal, the stock price will not rise for a while. "

  Xia Jingxing smiled lightly, "You can make up your own mind about the specific operation. I only have one request. At the beginning of next year, I want to see the transcript."

  Li Yaozu knew that this was an exit period for himself, and immediately nodded: "No problem, there will be 20 billion US dollars and all profits in the account early next year."

   "By the way, what happened to the Volkswagen stock I told you to buy?"

   This chapter is a bit late. The information on European stock markets is much more difficult to find than the US. It seems that our country really only sees the US.

   (end of this chapter)