Chapter 636 The Balance is Slowly Tipping

Chapter 636 The Balance is Slowly Tipping

the next morning.

It’s only the second day of the Chinese New Year, we still have to endure it for a while.

The Hong Kong Stock Exchange has been closed from New Year's Eve to the eighth day of the Lunar New Year. The result of Fan Wumian's short position in HSBC Holdings Plc will not be known until the ninth day of the Lunar New Year.

However, as a multinational company, Huifeng Bank is also listed on the London Stock Exchange, New York Stock Exchange and Bermuda Stock Exchange.

In order to diversify investments to reduce risks and avoid excessive market attention, members of Fan Wumian's family office previously helped plan to short the bank mainly in New York, followed by London, and then Hong Kong, where short selling methods are more restricted.

While the Hong Kong Stock Exchange is busy celebrating the Chinese New Year, the stock exchanges in London and New York will open as usual on Monday.

This caused Fan Wumian to be very excited after getting up. After calculating the time difference, he found that after waiting for 10 hours, the London Stock Exchange would open first.

He sat in front of his computer screen, looking for the latest news related to Huifeng Bank's disclosure of $18 billion in bad debts and the reduction in lending by US financial services companies.

All I can say is that the market has been moving a bit strange since the bad news came out.

A certain invisible giant hand seemed to move this time.

Most of the international mainstream media simply reported the relevant news without expressing too many negative opinions.

The New York Times, for example, attributed the Bank's losses to "indiscriminate lending and a lack of a regulatory review mechanism, which led to a large number of bad debts."

The public announcement by American financial services companies to reduce lending was also described by News Corporation as "strengthening supervision of homebuyers' repayment ability will help maintain the healthy development of the subprime mortgage market and release risks as much as possible."

Others may be kept in the dark.

How could Fan Wumian not see that some people in the United States still wanted to keep the lid on the matter, and that they did have a voice with widespread influence and could sway countless media outlets around the world according to their own wishes.

Even more than ten years later, there are still many foreigners who truly believe that the big cities in the mainland are still similar to the 1970s and 1980s. This is the most typical example of media control.

As the most powerful country in the world today, more than 60% of Americans have a reading level below the sixth grade, just like the 2006 Hollywood movie "Idiot Evolution" come to life. Of course, we cannot expect them to have enough brains to think about certain overly complicated issues.

therefore.

After Fan Wumian read the latest trends in the market, he immediately came to the conclusion that "the commotion this time probably won't be too big."

It was expected, so he couldn't say he was too disappointed.

Although the process of waiting for the shoe to drop is a bit difficult, fortunately, Huifeng Bank is the first to suffer from the negative news this time, and the stock price will most likely fall. The only uncertainty is whether it will fall more or less. Fan Wumian can still gain something.

During the video chat with Zuo Ziyan, he sighed:
"I thought the share prices of US financial services companies would also plummet, but it seems that some people don't want it to crash, and they have found a lot of excuses to cover up the real reason for reducing lending. I don't think it will cause much trouble."

"The good news is that my WM Rogers hedge fund company raised another $2.2 million two days ago, which shows that more and more investors do not believe in the mainstream media's rhetoric, and the balance is slowly tilting."

"As long as the size of the short-selling camp is large enough and some Wall Street giants choose to defect to us, the true situation of the subprime mortgage market will be completely exposed. Recently, there is an opportunity to make huge profits by shorting the market. I don't believe that everyone can resist. Although the oligarchs in the United States are powerful, they can't cover up everything on Wall Street. The situation of "letting my friend die rather than letting me die" will soon happen."

On the other side of the screen, Zuo Ziyan held up a laptop and showed him the Sydney Opera House outside the window, saying:

"Since Wall Street and the Federal Reserve don't want the market to have problems, you should be careful. Countless bloody examples can prove that it's best not to go against them. Once you are targeted, you're completely finished."

Going abroad for vacation during the Chinese New Year is a tradition for Zuo Ziyan and her parents. Last year, they went to Singapore to visit relatives during the Spring Festival.

Fan Wumian said calmly:
"I only have a few dollars, and I am just a small shrimp in the eyes of others. No one would believe that I have the ability to collapse the subprime mortgage market with a scale of trillions of dollars."

"Since Soros targeted me last time, I have always behaved myself. Many financial media wanted to visit me, but I rejected them all."

"Just let the market know my views. There's no need to jump up and down. If I just use funds to short sell through various channels, they won't bother with me," Zuo Ziyan said with a smile.

"You should be law-abiding in business, but what about other aspects? You were very happy yesterday. I found four beauties to spend the New Year with you. I was worried that you would be bored alone."

It was a rare "clean game" yesterday. After dinner, Jane Zhang also returned to the hotel, and Fan Wumian went home alone to watch TV to pass the time.

He was worried that the four actresses would come to his house and make too much noise and be photographed by reporters, so he simply reported it in advance, took photos and sent them to Zuo Ziyan, Zhuang Muxi and others.

This way, even if the news gets out, it won't arouse the girls' suspicion.

Facing Zuo Ziyan's indirect criticism at this moment, Fan Wumian rolled his eyes and said:
"Yes, I have trained myself to be indestructible. Last night I beat four of them by myself. Do you accept this?"

really.

Zuo Ziyan just smiled and said:
"Tsk~ No one would believe you. Stop flattering yourself."

Fan Wumian then said:
"I've said before that courtyard houses can appreciate in value. Many artists from many companies have bought houses nearby. They're bored on New Year's Day, so it's a good opportunity to get together. If I'd known earlier, you would have come, played mahjong, sang, and eaten shabu-shabu. I said so in the company group. Several leading actors from Home With Kids and My Own Swordsman also came, as well as the boss of Deyunshe, Gangzi. He's really good at talking."

Zuo Ziyan also mentioned her recent situation and told:
"I don't know why, but many Hong Kong people like to immigrate to Australia. It's really boring here. A friend of my mom invited us over and helped book a suite at the Four Seasons Hotel. We'll go to the zoo to see koalas and kangaroos, and maybe even have a chance to hold a baby koala in my arms."

Fan Wumian raised the corner of his mouth and reminded her:

"Then did you know that baby koalas grow up eating their mother's feces? Compared to this animal, I think the Australian short-tailed wombat is cuter. Not only can they poop in a square shape, but they can also crush other animals to death with their iron buttocks."

"What kind of animal is this? I'll go check it out later."

There is really a big difference between having experienced the baptism of the short video era and not having experienced it.

Even Zuo Ziyan, who had seen a lot of the world, was far behind Fan Wumian and had never heard of an animal like the short-tailed wombat.

After chatting briefly for a few minutes and ending the call, Fan Wumian packed up and took a plane to the airport closest to Huashen Coal Mine. After getting off the plane, he would have to take a car for about two and a half hours.

Taking advantage of the workers' New Year holiday, he found someone to sort out the rules and regulations of the coal mining company, focusing on safety, environmental protection, and reform and innovation.

There have been reports that the coal mining industry is being prepared to be rectified. It is said that this is to prevent coal mine production safety accidents, optimize the coal industry structure, and improve production safety levels.

Fan Wumian had just taken over the coal company not long ago, and his only purpose was to make a fortune through speculation, so he certainly didn't want to put himself in danger.

Recently, he has hired a number of experienced managers through a headhunting company. After the new year, Huashen Coal Industry Company will undergo a large-scale reorganization, and the entire management team will be replaced.

A group of people were laid off a few years ago. Because they were given sufficient resettlement fees, there was not much resistance. Instead, many people with connections who were not capable enough voluntarily chose to terminate their contracts, take the money and leave.

Fan Wumian was not interested in the coal mine itself. The reason he traveled all the way there this time was mainly because he wanted to investigate the environment of the mining area and prepare for the filming of the low-budget movie "Rescue from the Center of the Earth".

He came up with this script right after he bought Huashen Coal Industry, and he also planned to add some comedy elements, such as two tomb robbers who were proficient in dividing gold and locating tombs, who were accidentally mistaken for rescue experts and actually found the location where the miners were trapped.

Secondly, his employees reported that there was a relatively complete dinosaur fossil in the mine warehouse, which was more than 20 meters long when put together.

It is said that it was just unearthed in March last year. The management at that time kept it secret and did not report it. They wanted to sell it quietly, but no one was willing to take it over at a high price.

What others consider to be a worthless piece of chicken ribs is a rare treasure in Fan Wumian's eyes. He wants to take this dinosaur fossil to the Antarctic Spiritual Realm Penguin City project and exhibit it as a decoration.

It doesn't matter if you hand it in, as long as you have the right to use it (End of this chapter)