Chapter 106 106 spent 100 million to buy, surprised to find a 2 trillion dollar giant

  In the evening, Wang Guanxi returned home.

  Now the Wang Family Foundation (TWFF) has been set up, and the No. 1 fund under its jurisdiction has 100 million Hong Kong dollars in funds.

  But how small this 100 million Hong Kong dollar is.

  It is still very, very far away if you want to be the big man behind the scenes of the world.

  Although he still owns the Wang’s Venture Capital Foundation, his [Semiconductor Seed Fund] has invested in many semiconductor companies and locked in huge profits in the future. That is the future, not the present.

  Now Wang Guanxi has 100 million Hong Kong dollars in capital.

   Then he turned on the computer and looked up the stocks of two listed companies.

  One is BYD Electronics Group, and the other is China Resources Beer Group.

  Today is June 2nd, and he has been watching it for a long time.

  He intends to be long BYD Electronics Group and short China Resources Beer Group.

  Finally locked in BYD Electronics Group, BYD Electronics Group is a company under BYD Automobile Group!

  At present, the share price of BYD Electronics Group is at 11.02 Hong Kong dollars per share. Wang Guanxi intends to enter the venue at 10 Hong Kong dollars per share. It will take a day or two to wait.

  Why wait, because Wang Guanxi’s criterion for entering the market is to wait for its stock price to fall to the most suitable position before considering entering the market.

At this moment, the shareholder of BYD Electronics Group, HSBCTrustee (HongKong) Limited, the Chinese name HSBC International Trust Co., Ltd., is a financial institution under the HSBC Group. It holds 9.2% of BYD Electronics Group's shares, totaling 213 million shares, and its current value 2.34 billion Hong Kong dollars.

  In the conference room, Vice President Jiang Quangang said: "Any questions?"

  A supervisor asked, “Mr. Jiang, the share price of BYD Electronics Group is still above HK$10. Do we sell some shares of BYD Electronics Group?”

  Jiang Quangang: "Wait a few more days"

  Thinking about it, he said again: "Try selling 2 million shares tomorrow"

   "Yes, President Jiang."

  The next day, June 3, Tuesday.

  The stock market opened and HSBC International Trust Co., Ltd. began to sell shares of BYD Electronics Group.

   did not just sell 2 million shares, but sold 3 million shares, BYD Electronics Group’s share price fell to 10.50 yuan per share.

  Jiang Quangang ordered: "Sell another 3 million shares"

  "Yes, President Jiang" trader sold again.

   Soon the stock price fell to the 10.00 position.

  Wang Guanxi was very excited to see this scene.

   "You can buy it!"

  Immediately he began to buy shares of BYD Electronics Group.

  Buy 2.5 million shares consecutively.

  But the stock price has slowly fallen again.

   "Damn, there are a lot of offers, what's the matter?"

  Wang Guanxi's mentality is a bit false, so he stopped buying. He doesn't want to be trapped, he needs to see the follow-up situation.

  As for HSBC International Trust, Jiang Quangang has changed his mind and intends to sell more shares of BYD Electronics Group today.

   "2 million shares sold!"

  A few traders executed, and the stock price continued to fall.

  Buying in the market has also become very few, causing the stock price to slowly fall to the 9.00 position.

  Wang Guanxi bought 2.5 million shares again.

   Then a large number of buying orders appeared in the market, and the stock price was pulled to the 10.00 position.

  Jiang Quangang feels that the buying in this market has suddenly become a lot, so he does not intend to continue selling for the time being.

  "Stop selling and let the stock price rise again!"

  "Yes, President Jiang"

  And Wang Guanxi also stopped buying.

  But the stock price is still rising, and soon rises to the 10.50 position!

  Wang Guanxi doesn't care, continue to buy!

  2.5 million shares!

  The stock price continued to rise and soon rushed to the 11.00 position.

  Wang Guanxi waits and sees.

  Jiang Quangang gave the order; "Continue to sell, 5 million shares!"

   Soon the stock price fell from the 11.00 position back to the 10.50 position. Wang Guanxi was happy in his heart and bought 2.5 million lots again!

  Then the stock price was pushed up again, rushing to the 11.00 position, which happened to close in the morning.

  Wang Guanxi has bought a total of 10 million shares. The average position is 10.00 yuan per share, and the temporary account has a floating profit of 10 million Hong Kong dollars.

There was a pang of hunger in his stomach, so he got up and left the classroom and went to the cafeteria for lunch.

  As for HSBC International Trust, Jiang Quan just looked at the share price of BYD Electronics Group so strong and should continue to rise, so he is not in a hurry to sell BYD Electronics Group's stock.

  After all, 13 million shares were sold today, and 130 million Hong Kong dollars were cashed out.

   currently holds 200 million shares of BYD.

   "Wait and see in the afternoon, there is no need to sell the stocks" and he left the hall with an order.

  ····

  At this moment, FMRLLC is Fidelity Management and Research, Chinese name, Fidelity Investment Group of the United States.

  It is one of the largest financial services and mutual fund companies in the United States.

  The assets under management exceed US$2 trillion, and the main business includes mutual funds and pension funds.

   is one of Apple’s major shareholders and one of Google’s investors.

  In the United States, Fidelity Investment Group has appeared in many great god-level fund managers, such as Peter Lynch and Anthony Bolton.

  The two legendary fathers have great prestige in China.

  And its Hong Kong branch, the vice president of Asia-Pacific investment, Chinese, Si Xiuliang, is looking at the investment report of BYD Automobile Group and BYD Electronics Group.

  After evaluation, he feels that BYD Electronics Group is very worthy of investment.

  Thinking about it for a while, he said: "Open in the afternoon, buy shares of BYD Electronics Group."

  "Yes, Secretary General" the traders nodded.

  In the afternoon, the Hong Kong branch of the American Fidelity Investment Group began to buy shares in BYD Electronics Group.

  But in the market, because HSBC International Trust Company did not sell any more shares, and Wang Guanxi bought 10 million shares, there were very few selling orders on the market today.

  Under the purchase of American Fidelity Investment Group, BYD Electronics Group’s stock rose by 3 yuan, from the 11.00 position to the 14.00 position.

  Afternoon closing.

  Then the Fidelity Investment Group of the United States also released an investment report involving BYD Electronics Group.

  Vice President Si Xiuliang also specifically published on the Internet that he is optimistic about BYD Electronics Group, intending to invest in its stocks so that news editors of news media can report on prepared manuscripts as soon as possible.

  Si Xiuliang then ordered: "Don’t buy a share from tomorrow."

  "President, why is this?" The trader was puzzled.

  Si Xiuliang smiled and said: "I am releasing good news, not for retail investors or institutions to buy in, but for institutions that originally planned to sell stocks to continue to sell."

  "They sell stocks and make the stock price drop sharply. Let's buy it again!"

   "Remember, in the next few days, you don't want to buy a share!"

  The traders and assistants around him treat Si Xiuliang like a god.

   is simply too smart, too old fox.

  Suddenly thought of such a way to let those institutions who want to sell stocks sell their stocks, and then their American Fidelity Investment Group will buy again when the stock price is at a low level!

  Because if you keep buying now, the stock price is getting higher and higher, and the cost of buying is also higher.

  Si Xiuliang is really a clever plan.

  (End of this chapter)