Chapter 117 117 Short again 14 million shares of BYD Electronics

  Slowly, 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 5.50.

When Wang Guanxi saw this scene, he wanted to buy the bottom, but he resisted it, because if he bought the bottom, the American Fidelity Investment Group may not increase its holdings, and it will not be easy at that time. After all, the American Fidelity Investment Group will start specifically. Wang Guanxi doesn't know the price of the increase.

  So he dismissed the idea.

  Then Wang Guanxiti took HK$500,000 to his bank card.

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

  Feng Shaokun helped him advance the 200,000 yuan to Ping An Fund, because Wang Guanxi's bank card ran out of money at that time.

   Soon Feng Shaokun’s message came: "Congratulations, Guanxi, you made 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 man dare not say, try your best."

  Ending the chat, Wang Guanxi fell into thought.

  Now his No. 1 fund has 140 million Hong Kong dollars.

  No. 2 Fund, there is also 20 million Hong Kong dollars, which is to be transferred to the global Jiyuan Entertainment Group.

  It’s still far from the rich.

   "Well, there are two months left before the global financial crisis broke out, and the global stock market crashed!"

   "In the past two months, I have achieved 200 million Hong Kong dollars and it is completely fine."

  Thinking about it, Wang Guanxi intends to continue to look for opportunities to short the shares of BYD Electronics Group, because the American Fidelity Investment Group will increase its holdings at any time, and the stock price will be pulled up again at that time, which will give Wang Guanxi a high short position.

  Think about it and get excited.

  In a flash, the stock price continued to fall. When the market closed in the morning, it had fallen to 5.01 yuan per share.

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

   is now 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 holdings of BYD Electronics Group’s shares in batches, and buy them for HK$200 million to HK$300 million at a time.

  Why do you want to divide it in batches?

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

   "Yes, President."

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

  For Jiang Quangang of HSBC International Trust, this Si Xiuliang of American Fidelity Investment Group is a high-ranking picker!

  Specially let them cash out stocks at high positions.

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

   "Yes, President"

  ··

  Quick afternoon trading, opening.

  The American Fidelity Investment Group began to increase its holdings of BYD Electronics Group’s stock, while HSBC International Trust Company is waiting and watching, listening to the sell-off, hoping that the stock price will rise higher and then sell.

  Buying in the market is far more than selling.

  The stock price keeps rising.

   rose from 5.01 yuan per share to 6.00 yuan per share.

  After a short stay, it slowly rises to 7.00 yuan per share. After a short stay, it rises again by 0.5 yuan and reaches the 7.50 position.

  But the stock price was quickly sold off.

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

  Yes, it is Hao Yumao of Ping An Fund!

After Wang Guanxi's short position in BYD Electronics was closed, the 10 million shares have been returned to Ping An Fund.

  He feels that he should reduce his holdings by half, after all, he has finally risen back.

  He arranged for someone to sell 5 million shares this time, causing the stock price to fall from 7.5 yuan per share to 6.50.

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

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

  The president is Guo Linhai!

  He feels that the US Fidelity Investment Group is increasing its holdings of BYD Electronics Group. In the follow-up, under the huge increase in holdings of the US Fidelity Investment Group, the share price of BYD Electronics Group will definitely rise to 20 Hong Kong dollars per share.

  So he jumped in too, wanting to share a piece of the pie.

   Twenty minutes later, the stock price rose again and rushed to the 8.02 position!

  Wang Guanxi watched this scene, intending to continue to short BYD Electronics, and perhaps be short tomorrow.

  Think about it and get excited.

  The American Fidelity Investment Group will not raise the stock price too high. If it does, it will increase the cost of building a position, and HSBC International Trust will sell stocks at high levels at any time.

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

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

   "Well, go short"

  "Fight to the end with the American Fidelity Investment Group?"

"Correct!"

  "Okay, do it" Feng Shaokun called immediately.

  Then 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 wants stocks worth 140 million Hong Kong dollars, but unfortunately there are not so many.

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

   "Let me call Guo Linhai from Guoco Financial Group to ask!"

  Guoco Financial Group, but a large financial institution, usually invests in stocks of listed companies.

   "Guo Linhai should have it"

   Then he called and asked that Guo Linhai happened to have bought 5 million shares, and there were 15 million shares of BYD Auto Group, and asked him if he wanted them, and they would lend him together.

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

   So borrowed 5 million shares of BYD Electronics Group.

  A total of 14 million shares were collected.

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

  The share price of BYD Electronics has risen all the way under the purchase of American Fidelity Investment Group.

  At the end of the morning, I rushed to the 10.00 position.

  Opening in the afternoon, the American Fidelity Investment Group stopped buying because its stock price grew too fast, while HSBC International Trust was on the sidelines and felt 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 prices fluctuated little, so he began to short.

  10,000 shares!

  10,000 shares!

  ···

  He keeps shorting!

  The stock price turned around and slowly fell!

  The small retail investors in the market simply can’t hold Wang Guanxi’s selling!

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

During the    press 1400 times, Wang Guanxi's fingers were sore.

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

  (End of this chapter)