Rebirth of the Financial Crisis Sweeping the World

117 shorted 14 million shares of BYD Electronics again

Time passed slowly, and the share price of BYD Electronics Group fell to 6.00 again under the sell-off of HSBC International Trust.

Then a large number of retail investors closed their positions, causing the stock price to continue to fall, and soon the stock price fell to the 5.50 position.

Seeing this scene, Wang Guanxi wanted to buy the bottom, but he held back, because if he bought the bottom, the American Fidelity Investment Group might not increase its holdings, and it would be difficult at that time, after all, the American Fidelity Investment Group specifically started Wang Guanxi couldn't figure out the price of the increased holdings.

So he dismissed the idea.

Then Wang Guanxi withdrew 500,000 Hong Kong dollars to his bank card.

Now he only has a few thousand yuan left in his bank card, and he needs to make up some pocket money. In addition, the intermediary fee plus interest for borrowing 10 million shares of BYD Electronics this time is 200,000 yuan, so he gave Wing Hang Securities The company transferred 200,000 in the past.

The 200,000 yuan was advanced by Feng Shaokun to the Ping An Fund, because Wang Guanxi's bank card had no money at that time.

Soon Feng Shaokun's message came: "Congratulations, Guanxi, you have earned another 40 million Hong Kong dollars."

Wang Guanxi replied to him: "Haha, brother Feng, my luck is as good as ever"

Feng Shaokun: "Soon you will become a rich man"

Wang Guanxi: "The rich don't dare to say, try your best"

After the chat, Wang Guanxi fell into deep thought.

Now there are 140 million Hong Kong dollars in his No. 1 fund.

Fund No. 2 still has 20 million Hong Kong dollars, and this 20 million Hong Kong dollars is to be transferred to the Global Jiyuan Entertainment Group.

It's far from being a millionaire.

"Alas, there are still 2 months until the outbreak of the global financial crisis and the global stock market crash!"

"In the past two months, I have no problem achieving 200 million Hong Kong dollars."

After thinking about it, Wang Guanxi intends to continue looking for opportunities to short the shares of BYD Electronics Group, because Fidelity Investment Group of the United States will increase its holdings at any time, and the stock price will be pulled up again at that time, which will give Wang Guanxi the opportunity to short short positions.

I get excited just thinking about it.

Time passed, and the stock price continued to fall. When the market closed in the morning, it had fallen to 5.01 yuan per share.

As for the Hong Kong branch of the US Fidelity Investment Group, Si Xiuliang ordered: "When the market opens in the afternoon, we will start to increase our holdings."

Now it is 5.01 yuan per share, which is very low, and the cost of opening a position is also low.

You can buy a lot of shares with 300 million funds.

This time he intends to increase his shareholding in BYD Electronics Group in batches, with a purchase price of 200 million to 300 million Hong Kong dollars at a time.

Why batch?

Because he felt that HSBC International Trust Company would cash out the shares of BYD Electronics Group.

"Yes, President."

For the US Fidelity Investment Group, HSBC International Trust is short-sighted, ignorant, ignorant of long-term investment, and value investing.

As for Jiang Quangang from HSBC International Trust, Si Xiuliang from Fidelity Investments is a high-ranking successor!

It is specially designed to let them cash out stocks at high prices.

Jiang Quangang ordered: "In the afternoon, let's wait and see and let Si Xiuliang raise the stock price first."

"Yes, President"

··

Soon afternoon, open.

Fidelity Investment Group of the United States began to increase its holdings of BYD Electronics Group's stock, while HSBC International Trust Co., Ltd. waited and watched, listening to sell, hoping that the stock price would rise higher before selling.

There are far more buyers than sellers in the market.

The stock price kept going up.

From 5.01 yuan per share to 6.00 yuan per share.

After a short stay, it slowly rose to 7.00 yuan per share, and after a short stay, it rose again by 0.5 yuan, reaching the position of 7.50.

But shares were quickly sold off.

This time it is not HSBC International Trust Company, but Ping An Fund!

yes,

It's Hao Yumao from Ping An Fund!

After Wang Guanxi shorted BYD Electronics and closed his position, the 10 million shares have been returned to them Ping An Fund.

He felt that he should reduce his holdings by half of the stocks, after all, they finally rose back.

This time, he arranged for someone to sell 5 million shares, causing the stock price to drop from 7.5 yuan per share to 6.50 yuan.

But not long after, a financial institution bought 5 million shares in a large sum, pulling the stock price to 7.50.

This financial institution is not Fidelity Investment Group, but Guoco Financial Group!

The president is Guo Linhai!

He feels that Fidelity Investment Group of the United States is increasing its holdings of BYD Electronics Group's shares. With the subsequent increase in holdings of giants such as Fidelity Investments Group of the United States, BYD Electronics Group's stock price will definitely rise to 20 Hong Kong dollars per share.

So he jumped in too, wanting a share of the action.

After 20 minutes, the stock price rose again, rushing to the 8.02 position!

Watching this scene, Wang Guanxi planned to continue shorting BYD Electronics, and he might be able to short tomorrow.

Excited just thinking about it.

American Fidelity Investment Group will not raise the stock price too high, if it is raised, it will increase the cost of opening positions, and HSBC International Trust will sell stocks at high prices at any time.

Then he rode to Yongheng Securities Company and asked Feng Shaokun to borrow stocks for him.

"What? You just closed your position today, and now you want to go short??" Feng Shaokun looked puzzled.

"Well, go short"

"Fight to the end with Fidelity Investment Group?"

"right!"

"Okay, do it!" Feng Shaokun called immediately.

Then he borrowed 4 million shares from Wu Zhanhai, and Ping An Fund only borrowed 5 million shares.

"I didn't expect Ping An Fund to do this. I thought there were a lot of them." Wang Guanxi wanted stocks worth 140 million Hong Kong dollars, but unfortunately there were not so many.

"I only borrowed so much. Hao Yumao just sold 5 million shares. This guy is really cautious."

"I'll call Guo Linhai of Guoco Financial Group and ask!"

Guoco Financial Group is a large financial institution that usually invests in stocks of listed companies.

"Guo Linhai should have it"

Then he called and asked, Guo Linhai just bought 5 million shares, and there were 15 million shares of BYD Auto Group, and asked him if he wanted to lend him together.

Of course not, Wang Guanxi only wants the shares of BYD Electronics Group!

So he borrowed 5 million shares of BYD Electronics Group.

A total of 14 million shares were collected.

The next day, Thursday, June 12, the stock market opened.

The share price of BYD Electronics has been rising all the way under the buying of Fidelity Investment Group of the United States.

At the end of the morning session, it rushed to the 10.00 position.

When the market opened in the afternoon, the US Fidelity Investment Group stopped buying because the stock price grew too fast, while HSBC International Trust was waiting and watching, thinking that the stock price would continue to rise, so they wanted to wait.

Wang Guanxi saw that the two big institutions did not move, and the stock price fluctuated very little, so he started shorting.

10,000 shares!

10,000 shares!

···

He keeps shorting!

The stock price turned around and fell slowly!

Those small retail investors in the market couldn't bear Wang Guanxi's selling price at all!

The stock price has been falling, fell below 9.00 per share, then fell to 8.00 yuan per share, and then closed.

After pressing 1400 times during the period, Wang Guanxi's fingers were sore.

Shorted 14 million shares, with an average price of 9.00 yuan per share, and a temporary floating profit of 14 million Hong Kong dollars.

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