Rebirth of the Financial Crisis Sweeping the World

  Chapter 84 84 Wang Guanxi is a lamb who was fleeed by the four companies

  Feng Shaokun looked at Wang Guanxi, who looked a little impatient, and couldn’t help but said, “Mr. Wang, the stock price of this Penguin Group is really strong.”

   Just now, Wang Guanxi sold nearly 100 million Penguin Group stocks and was eaten up all at once. The stock price fell first and then quickly rose back, indicating that the buying in the market was very strong.

  He felt that Wang Guanxi had the impulse to short the Penguin Group’s stock this time, but Wang Guanxi’s previous record was so strong and he made so much money, so he still has confidence in Wang Guanxi.

  He felt that even if Wang Guanxi suffered a temporary loss, he would definitely make money in the future.

  Wang Guanxi smiled and said: "It is indeed very strong, but strong is also temporary. Wait slowly, and let time take care of everything."

  Feng Shaokun: "Well, that's right, let the time

  Thinking about it, he smiled again: "This time, Wing Lung Securities, Cathay Pacific Auto Insurance, Asian Financial Holdings, and Ping An Fund are all waiting for your wool."

  Wang Guanxi’s short-selling Penguin Group’s stocks are all borrowed from these four financial institutions, which means that Wang Guanxi is gambling against these four financial institutions at the same time. Wang Guanxi loses money, they make money, and at the same time they also charge Wang Guanxi’s interest.

  This stock, which is worth nearly 100 million, has a lot of daily interest.

  To be honest, shorting a stock is a very dangerous thing, especially shorting the stocks of giant mainland companies like Penguin Group!

  Wang Guanxi smiled and said: "Walk to look forward to it, let's see who draws the wool!"

Fortis Group (Fortis), which soon suffered a serious loss in the subprime mortgage crisis, will sell Asian assets to alleviate the problem of cash shortage. Hong Kong’s assets are undoubtedly the best. Fortis Group holds many shares of Penguin Group, all of which are It was sold off, and all the stocks worth nearly billions of dollars were sold off. Can the Penguin Group's stock not plummet?

  At that time, he will not only use the Fortis Group's wool, but also make the four financial institutions that want to use his wool to lose money on the books.

  Feng Shaokun looked at Wang Guanxi who was so confident, and he was shocked. He didn't know where Wang Guanxi came from, but he didn't understand the world of genius.

   Then he said: "Mr. Wang, we, Wing Hang Securities Co., also hold more than 8 million Hong Kong dollars worth of Penguin Group stocks. I also intend to sell them. I wish you a helping hand."

  They Wing Hang Securities Company owns about 120,000 shares of Penguin Group, because in this month Penguin Group’s stock price has risen from 32.00 to 74.00 today, and these 120,000 shares are already worth 8.88 million Hong Kong dollars.

  Since Wang Guanxi is not optimistic about the stocks of Penguin Group, he feels that he should follow Wang Guanxi.

  Anyway, I have made a lot of money on the Penguin Group. If you sell it, just sell it and cash in these profits!

  And the selling of Penguin Group’s stock is also conducive to the decline of the stock. Although the selling of these 120,000 shares will not cause any waves, it will also play a role.

  Wang Guanxi smiled and said, "Mr. Feng, trust me then?"

   "Intuition, because you are an investment genius, although my investment is mediocre, but I see people well" Feng Shaokun smiled.

   Then Feng Shaokun opened the company's account and sold all the 120,000 shares of Penguin Group. The stock price really fell by 0.50 Hong Kong dollars, from the 74.00 position to the 73.50 position.

  "Oh, it really fell, haha" Feng Shaokun was inexplicably happy.

  Wang Guanxi smiled and said, "It really fell."

  Then Penguin Group’s stock fell again by RMB 0.5 to 73.00.

  One hour later, Penguin Group’s stock fell again by 1 yuan to the 72.00 position, and Wang Guanxi’s account no longer lost money.

   "Haha, the Penguin Group's stock is really weak. Oh, fortunately I sold it." Feng Shaokun suddenly smiled happily.

  At this time, the market closed in the morning, so the two of them also went to lunch.

  Lunch is very simple, it is sirloin steak.

  Feng Shaokun cut a steak, chewed it, and said, "Mr. Wang, there is a small party in the evening. Are you free to go?"

  Wang Guanxi asked: "Where to go to the party?"

  Feng Shaokun smiled and said: “In an open-air restaurant, it’s just chatting and drinking tea with people in the industry. Maybe someone wants to sell assets.”

  Wang Guanxi thought for a while: "OK"

   Soon in the afternoon trading, Penguin Group’s share price continued to fall, falling to the 70.00 position.

  Wang Guanxi has a floating profit of 2 yuan per share, totaling 2.68 million Hong Kong dollars.

  Feng Shaokun poured tea and smiled: "Mr. Wang, this Penguin Group’s stock is really going to turn around and fall. You are so accurate."

   "It's just luck." Wang Guanxi smiled slightly and gently sipped the tea, as if everything was under control.

  Now that Fortis Group should start selling the shares of Penguin Group, right?

  The time passed quickly, and Penguin Group’s stock fell by 2 yuan again to the 68.00 position, and Wang Guanxi’s account had a floating profit of 5.36 million Hong Kong dollars.

  The net value of the account finally broke 100 million!

  101.96 million!

  Cool!

  Wang Guanxi was very excited and excited. Holding the tea cup in his hand, he tried hard, and the tea overflowed.

  This Fortis Group must be selling Penguin Group stock in a large amount.

  Feng Shaokun also congratulated: "Mr. Wang, I really congratulate you. The Penguin Group’s stock is afraid that it will fall in the next few days."

   "You really are an investment genius!"

  His eyes paid respect.

   Soon, the Penguin Group’s stock was supported. After shaking around the 68.00 position for an hour, it began to turn around and rise, rising all the way to the close, rushing back to the 74.00 position in just 15 minutes.

  The profit in Wang Guanxi’s account disappeared, and instead it lost 2.68 million Hong Kong dollars.

  Feng Shaokun couldn’t help but said: “There are big funds coming in at the end of the game!”

   "It's okay, keep waiting" Wang Guanxi still didn't care.

  Today Fortis Group will not sell Penguin Group’s stock, and tomorrow, the day after tomorrow, it will definitely sell.

  In the evening, Wang Guanxi and Feng Shaokun went to an open-air restaurant.

  Many people in the circle come here to drink tea, drink coffee, taste wine, and talk.

  Wing Hang Securities' Wu Zhanhai.

  Hao Yumao of Ping An Fund.

   Zhang Dexi of Cathay Insurance.

  Chen Tianqing of Asian Financial Holdings Group.

The four of them were there. Feng Shaokun and Wang Guanxi also chatted with them, and learned that Wang Guanxi was the investor who shorted the Penguin Group stock. Old rival Wu Zhanhai was surprised: "Mr. Wang, it turns out that you are betting against us. Haha, old opponent"

   "Yeah, old opponent," Wang Guanxi responded with a smile.

  And Hao Yumao, Zhang Dexi, and Chen Tianqing didn’t pay much attention to Wang Guanxi, they just felt that Wang Guanxi was the lamb that was smashed by them.

  And they are all middle-aged people and there is also a generation gap when communicating with little boys, especially Wang Guanxi doesn't talk much, everyone just knows it briefly.

   Being polite, they still gave Wang Guanxi a business card, and Wang Guanxi was also polite to accept.

  At this moment, the vice president of investment of Fortis Group’s Asian headquarters, Hamilton finished a cup of coffee, and told the people: “Next Monday, we will start selling the shares of Penguin Group and Sinopec Group.”

   "Yes, Mr. Hamilton"

  (End of this chapter)