The investment of 59,816.00 billion Hong Kong dollars shrank by 80 billion Hong Kong dollars in a blink of an eye!
Combined with Chen Hui's previous liquidation of 1 million long positions in AUD/CAD and 1 million lots in CHF/CAD, he made a profit of $3 billion and $4.3 billion, respectively.
At present, Chen Hui has pocketed a profit of $16.3 billion, and now he still holds a long position of 5 million contracts of USD/CAD and a long position of 2 million contracts of GBP/CAD, for a total of 7 million lots!
Immediately, Chen Hui looked at the trend of GBP/CAD, nodded, then got up and went to the restaurant for dinner.
Not long after he sat down, Chen Hui's phone rang, it was Hu Jianghu calling, and after connecting.
"Lao Hu, what's the matter, you want to call me at dinner time?" Chen Hui forked a piece of Matsusaka beef and put it in his mouth, chewed it gently, and continued to smile and asked, "Is this time good news or bad news?"
If he guessed correctly, something big happened on the Hang Seng Index today!
"Good news, good news!" Hu Jianghu said excitedly on the phone: "Only at dinner, you are free to answer my phone!" After a pause, he continued: "Chen Shao, this is very good news! It should be that your appetite is much better!"
"Say, how much money did you lose in the Blackshirt Capital Account?" asked Chen Xiao.
"Chen Shao, how can we still lose money now, the Hang Seng Index has plummeted by 400 points today!" Hu Jianghu was very excited on the phone, "Temasek Holdings has escaped the catastrophe this time!"
Recently, after playing against Temasek Holdings for so long, the Hang Seng Index has been oscillating from 22900 to 23200 for many days!
But this time Temasek Holdings finally couldn't hold it anymore, and today the Hang Seng Index plummeted by 400 points, from 23,100 to 22,700.
Today, the account of Black Shirt Capital holds a total of 1.5 million short positions in the Hang Seng Index, with a fluctuation of one point of HK $75 million, and the average position of the position is exactly 23100, with a total of 400 points of floating profit, totaling HK $30 billion!
Thinking of this, Hu Jianghu continued: "Chen Shao, we have a total of 30 billion Hong Kong dollars! Now is the beginning of the collapse of the Hang Seng Index, and when the time comes, our black shirt capital will complete the small goal of 80 billion Hong Kong dollars!"
"Well, yes, yes, Lao Hu did a good job this time!, after this time, I will take all the listed companies under Temasek Holdings!" Chen Hui said with a smile: "You have made a great contribution! 80 billion Hong Kong dollars is a small meaning! This time at least 100 billion Hong Kong dollars will be earned!"
This time, the Hang Seng Index has plummeted by more than 400 points, and Temasek Holding Company will certainly suffer heavy losses! At that time, Chen Hui will definitely win the 25 percent stake in Standard Chartered Bank in the hands of Temasek Holding Company! In addition, Temasek Holding Company holds 40 percent of the shares of DBS Bank, and Chen Hui is also eyeing it, as long as Temasek Holding Company collapses, then DBS Bank will also change hands! At that time, Standard Chartered Bank will be able to buy DBS Bank!
Thinking about Chen Hui, I was excited, at that time, Standard Chartered Bank acquired DBS Bank, and then acquired some Malaysian banks, so Standard Chartered Bank became a trillion-dollar asset-level giant bank!
"That's Chen Shao, you have good guidance, we are just executing!" Hu Jianghu said excitedly, their trading team has been trembling on the Hang Seng Index recently! Today is always a winning ticket!, listening to Chen Hui say that the small goal of 80 billion Hong Kong dollars is just a small meaning, it suddenly made his heart tremble, and immediately said: "Chen Shao, we will definitely make a profit of 100 billion Hong Kong dollars this time!"
"Okay, Lao Hu, I believe in you!" Chen Hui said with a smile, this time the trading team of Blackshirt Capital did a very good job.
The two chatted about Chen Hui and hung up the phone, and then made a call to Zhang Xiaolei and told her something.
After talking to Zhang Xiaolei on the phone, Chen Hui quickly finished dinner, returned to his desk, and turned on the news.
The above is all the news of the sharp decline in the property market in Xiangjiang
The tipping point of the collapse of the property market in Hong Kong originated from the auction of a piece of land in Tai Po District, New Territories, Hong Kong. The land was acquired by a company for HK$2.13 billion, with a site area of 37,696 square meters and a unit price of about HK$56,500 per square meter. In early September last year, the land on the same Tai Po District site for private residential land was tendered, and the unit price was as high as HK$177,000 per square meter. In contrast, the latest tender price has dropped by more than 68% compared with September last year.
Nowadays, the real estate in Xiangjiang has indeed experienced frequent large-scale declines. The sales volume of homes in the Xiangjiang market fell by one-third year-on-year.
According to a report by the Real Estate Research Department, residential prices in Hong Kong may fall by 20-30% per year starting in 2013
UBS predicts that Hong Kong housing prices will fall by about 25-30% by the end of 2014
According to data from Heung Kong Centaline Real Estate, in December 2013, the number of real estate transactions in Heung Kong fell to the lowest value in 25 years, and the number of real estate transactions including apartments, shops and parking spaces was only 3,500.
A month earlier, the property market in Hong Kong had its highest quarterly decline of 15% in seven years in the fourth quarter of 2013
According to a report by Knight Frank International, a real estate consultancy, even the relatively strong prices of luxury homes in Hong Kong are expected to fall by about 20% in 2014
Nowadays, the real estate industry in Hong Kong has suddenly declined, which has also determined the sluggishness of the entire Hong Kong economy, and some people are worried that Hong Kong is in decline.
According to official data, Hong Kong's GDP growth in the fourth quarter of 2013 fell by 0.8% quarter-on-quarter, far below the forecast of 0.1% market growth, due to the sharp decline in retail sales and the continued decline in the real estate market.
In the first quarter of 2013, Hong Kong's GDP grew by 0.8% compared to the same period last year, which was lower than the 1.9% growth in the fourth quarter of 2012. This is a new example of shrinking global economic growth.
Raymond Yeung, ANZ's resident economist in Hong Kong, said: "We don't see any positive factors to boost the Hong Kong economy for at least the next five to six months. ”
Andre Ood, Head of Asian Country Risk at BCI Research, pointed out that "the Hong Kong economy is facing a number of headwinds, including a sharp correction in residential housing prices and a rising risk of recession."
The Hong Kong real estate market has fallen sharply, and Kyle Bass summed up the free fall of the Hong Kong real estate market as follows: "The current situation in Hong Kong is worse than the situation on the eve of the Asian financial crisis in 1997. ”
Now the share price of Heung Kong Real Estate Company has plummeted across the board, and today it has finally completely dragged down the Hang Seng Index!
Many listed company shares have plummeted!
At this time, the news of Singapore's sovereign fund was exposed, because a few days ago it acquired a lot of real estate from the Xiangjiang consortium with 160 billion Hong Kong dollars, because the Xiangjiang property market plummeted, resulting in the heavy loss of the investment of the Singapore sovereign fund, 160 billion Hong Kong dollars of real estate assets, and now because of the more than 50% of the Xiangjiang property market, the assets have shrunk by 80 billion Hong Kong dollars, and there are less than 80 billion Hong Kong dollars left.