After the fund closed on the 2nd, Citibank's share price rose against the stake from $39.00 per share.

It rushed to around $43.00 per share.

Although the closing of the No. 2 fund caused Citibank's stock price to rise by $4, it was immediately suppressed and began to turn around and fall.

However, it was temporarily supported when it fell to $40.00 per share.

Many short sellers close their positions here, or many long sellers enter the market to buy at the bottom.

After all, since the outbreak of the financial crisis, Citibank's stock price has dropped from $210 per share to $40 per share now. It is already very low in the eyes of many investors. It is time to buy at the bottom.

Wang Guanxi couldn't help but say: "This Citibank stock has been supported, and I don't know what will happen next."

He knew that Citibank's stock price would still fall, but it could rise sharply and then turn around and fall.

This time I closed the stock of Citibank to operate twice more and make money twice more.

Then he asked, "How much money did Fund No. 2 make this time?"

Huang Shaokai hurriedly said: "Boss, this time the No. 2 Fund won a total of US$860 million in Citibank."

The fund No. 2 shorted 5 million shares of Citibank stocks, with a position building at US$213 per share and a position closing at US$41 per share.

In total, it earned $172 per share, 5 million shares is $860 million.

The principal of Citibank this time was US$1.032 billion, plus profit, that is US$1.892 billion.

Wang Guanxi ordered: "The withdrawal of $92 million is given out. First, pay interest on India's private pension, the remaining ones are used as bonuses, as well as the foundation's daily operating funds to pay interest in other places."

This time, I shorted Citibank stocks for more than 3 months, and the interest alone exceeded US$50 million.

Fortunately, I made $860 million, and the interest rate of $50 million is not much.

But Wang Guanxi also shorted Wells Fargo, Bank of America, and HSBC Hong Kong.

He still owes Yongheng Bank HK$26.4 billion.

I owe the United Bank of India, the Baroda Bank of India, and the overseas banks of India a total of US$320 million.

I owe $750 million to the Bank of East Asia.

A huge interest expense is also required every day.

"Yes, boss" everyone immediately agreed, and soon the fund No. 2 had $1.8 billion left.

Citibank's stock price is still at 40.00, and it cannot fall or rise.

Wang Guanxi is planning to buy Citibank at the bottom now, but he doesn't want to buy a lot of money directly in the stock market. In this way, the stock price will rise a lot.

So he ordered: "Call Nehru, who is from India's private pension, and Sandep Batra of India's Industrial Trust Investment Bank!"

"Tell these two Indians that our Blackshirt Insurance Company bought the Citibank stocks in their hands at market prices."

"Yes, boss" Huang Shaokai, Wu Zhankun and others called Nehru and Sandep Batra respectively.

Then the other party wanted to talk to Wang Guanxi in person, and Wang Guanxi looked forward to the other party giving in.

Nehru responded on the phone: "Are you black shirt group bad? Do you think I would be so stupid that I sold Citibank's share price to you at $40 per share?"

Currently, India’s 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 $40 per share, with $480 million on the books.

He will never sell Citibank stocks!

"I will hold on to the end and increase my position to buy Citibank!"

"How could I sell it to you?"

"Wang Guanxi, stop dreaming"

"Do you think I'm so stupid that I'm selling it to you at $40 per share?"

“$136 per share, almost the same”

Nehru finished speaking in one breath.

Wang Guanxi laughed and said, "Nehru, don't dream anymore, I want to see when you can withstand it!"

"You will regret it!"

"I tell you, in the future, you will sell me at $20 per share, and I don't want it."

Nehru smiled and said, "Let's see!"

Wang Guanxi then started chatting with Sandep Batra of the Indian Industrial Trust Investment Bank.

Sandep Batra sneered in his heart and said, "Wang Guanxi, you are really my friend. Just give $200 per share, right?"

Wang Guanxi smiled: "Sandup Batra, what are you kidding? Do you think it's possible?"

Sandep Batra: "You joked with me first. Do you think I'll sell you the price of $40 per share?"

Indian Industrial Trust Investment Bank holds 6 million shares of Citibank, with a position of $215 per share. Now Citibank's share price has fallen to $40 per share, with a book loss of $1.05 billion!

How could he sell these stocks?

At this time, Wang Guanxi: "Don't regret it. In the future, Citibank's stock price will only get lower and lower, and you will be trapped!"

Sandep Batra smiled: "You said that the stock price of Citibank is getting lower and lower, so what else are you buying?"

Wang Guanxi smiled and said, "I plan to join the board of directors of Citibank. I will give you a price of $42 per share, please consider it."

Sandep Batra: "Haha, what's the point of thinking? If you give $200 per share, I might consider it."

Wang Guanxi smiled and said, "How about $44 per share? If you don't sell it now, it will be even lower in the future. I am just giving you the price of $44 per share because we are old acquaintances. You should think carefully. If you miss the present, the stock price will only get lower and lower in the future."

Sandep Batra: "Haha, I plan to take it for more than 10 years, so you don't have to worry about it."

After finishing the phone call, Wang Guanxi sat helplessly on the sofa chair, her eyes fixed on Citibank's stock price trend chart!

Citibank's share price was supported at $40 per share.

Huang Shaokai couldn't help asking, "Boss, are we going to buy Citibank at the bottom now?"

Now the stock price of Citibank seems to be unable to fall, so it is quite suitable to buy at the bottom here.

Zhang Dexi looked at the stock price of Citibank that seemed to be nailed above $40 per share, and said excitedly: "Now there are quite a lot of investors who seem to be buying Citibank at the bottom, we may be able to try it."

Wang Guanxi thought for a while and said, "Don't worry, wait for another half an hour and wait until it falls below $40 per share."

It soon half an hour passed, and Citibank's share price rose by $2 and rushed to $42 per share.

Wu Zhankun: "Boss, $42 per share, there are many financial institutions buying at the bottom below."

Wang Guanxi pondered for a moment and said, "Wait a little longer!"

If Citibank's stock does not fall below $40 per share, it will not go long.

15 minutes later, Citibank's share price surged to $44 per share.

Wang Juehao couldn't help but say: "Boss, the stock price of Citibank has become so strong, and someone must be buying a lot of money!"

Bai Weiqiang said: "Maybe it may be a short closing!"

The stock price of Citibank has soared, so naturally some people buy it in the market, but if someone buys it, it may be a long buy or a short close position, because short closing is equivalent to buying in the market.

For example, if you short 20 million shares of Citibank, then when you close the position, you have to buy 20 million shares in the market.

Wang Guanxi: "Both are possible, keep waiting!"

Then Citibank's share price rose by $1 again, reaching $45 per share.

After waiting for so long, Citibank's stock price has not fallen, which makes Wang Guanxi feel a little irritated.

"TM, who is doing more?"

"It's the financial institution that shorted Citibank and closed its positions?"

At this time a message came out.

Soros Quantum Fund: Citibank may go bankrupt and also may get out of the predicament quickly.

Wall Street Journal: Citibank's stock was shorted by Soros Quantum Fund

Huang Shaokai couldn't help but say: "Is Soros Quantum Fund buying a large amount of money now, or are they closing the short orders on Citibank?"

Zhang Dexi also asked: "This Soros may be closing the position."

Wu Zhankun: "No wonder Citibank's stock price has been rising, and it has not given us the opportunity to buy it."

Wang Guanxi said, "Then wait for Soros to close his position!"

At this time another message came.

fairfield     greenwich      Felder Shengchen, founder of (Felder Group), said: Citibank will go bankrupt and its share price will plummet.

Wang Guanxi was stunned: "Isn't this Feld Group a victim of the fraud case of Bernard Madoff's $65 billion fraud?"

Wang Juehao: "Yes, this Feld Group lost $7.5 billion in a $65 billion fraud case."

Bai Weiqiang: "I didn't expect that Feld Group will continue to be bearish on Citibank"

Wang Guanxi said: "You should keep an eye on the stocks and see what tricks Soros plays with Feld. If Citibank's stock price falls below $40 per share, we will go long."
To be continued...