Rebirth of the Financial Crisis Sweeping the World

Chapter 135: 135 Although I am a retail account, but

  Chapter 135 135 Although I am a retail investor, I am a dealer!

  In Wang Guanxi’s expectation, China Resources Beer’s share price rushed to 30.00 yuan per share after half an hour, a record high.

The market value of    is nearly HK$50 billion.

   "Finally rushed to 30 Hong Kong dollars per share, you can go short."

  Thinking about it, Wang Guanxi called Feng Shaokun.

   was connected soon.

  Wang Guanxi said: "Brother Feng, you help me borrow some shares of China Resources Beer. I plan to short it."

  Feng Shaokun asked: "No problem, how many shares do you want?"

  Wang Guanxi thought about it for a while and said: "A stock worth 180 million will do."

  Now he still has 187 million Hong Kong dollars in his stock account, and try to borrow 180 million Hong Kong dollars worth of China Resources Beer Group shares.

  Feng Shaokun was surprised: "Wow, so many, I will try my best to help you borrow, you wait for my news"

   "Okay, trouble, Brother Feng" Wang Guanxi smiled.

   "You are welcome, everyone has been cooperating for so long, I will call now" Feng Shaokun said.

   Short-selling cannot be naked short. They all have to borrow stocks, sell them first, and then buy them back. As an intermediary, Wing Hang Securities Co., Ltd. can get commissions and handling fees.

  Everyone has cooperated so many times. To be honest, there are usually short-selling investors, but those short-selling investors often lose money. In Wang Guanxi, he has witnessed what a real short position is!

  End the call.

  Wang Guanxi continued to observe the stock price chart of China Resources Beer.

  One hour later, the stock price fell, and quickly fell from the high of 30.00 to the 27.00 position.

  But soon rushed up again, until the 29.00 position, just in the morning to close.

  At this time, Feng Shaokun’s call came.

   Borrowed 5 million shares of China Resources Beer Group for Wang Guanxi.

  Wang Guanxi came to Wing Hang Securities Company.

  Feng Shaokun: "Just borrowed 5 million shares"

  Wang Guanxi asked, "That financial company borrowed it?"

  Feng Shaokun: "1 million shares of Wing Lung Securities, 4 million shares of Wing Lung Insurance"

  Wang Guanxi: "Wing Lung Securities and Wing Lung Insurance are both owned by Wu Zhanhai?"

  Feng Shaokun explained: "Wing Lung Securities is owned by Wu Zhanhai, and Wing Lung Insurance's cousin Wu Zhankun's"

   "Oh, that's how it is." Wang Guanxi also knew that Wing Lung Bank was acquired by China Merchants Bank in the Mainland, and acquired 53.1% of Wing Lung Bank from the Wu family for HK$19.3 billion, and then changed the name of Wing Lung Bank to CMB Wing Lung Bank.

  Wing Lung Securities and Wing Lung Insurance are both subsidiaries of China Merchants Bank Wing Lung Bank, but Wu Zhanhai and Wu Zhankun spent money to buy shares in Wing Lung Securities and Wing Lung Insurance in the hands of China Merchants Bank Wing Lung Bank.

  At this time, Feng Shaokun thought for a while and said, “Guanxi, are you really going to short 5 million shares of China Resources Beer? This company’s profitability for decades has been very stable. You see its stock price is very strong.”

  Thinking about it, he continued: "Although its stock price is very high, short selling is very dangerous."

  "A financial company of a good friend of mine felt that its stock price was too high. In addition, this year's industry was a bit sluggish, so it shorted its stock and now loses a lot of money."

  His good friend is Li Guangyu, the chairman of Dingyi Financial Company.

  Wang Guanxi asked: "Where did he short China Resources Beer?"

  Feng Shaokun smiled: "Sorry, I won’t tell you this."

   "But his company lost a lot of money"

  It turns out that financial companies have long been shorting China Resources Beer Group. Wang Guanxi: "Okay."

   Then Wang Guanxi transferred 37 million Hong Kong dollars from Fund 1 to Fund 2.

  There are 150 million Hong Kong dollars left in the stock account of the No. 1 Fund.

  Afternoon trading, after opening.

  Wang Guanxi began to short the shares of China Resources Beer Group.

  100,000 shares!

  100,000 shares!

  ···

  But the share price of China Resources Beer is still rising because HSBC International Trust Company is buying.

  The stock price has risen to the 30.00 position, reaching its highest point this year again.

  Vice President Jiang Quanjiang shouted: "Continue to increase holdings of China Resources Beer, don’t stop"

  Before they sold out the shares of BYD Electronics, and then began to buy the shares of China Resources Beer, which is a share swap.

  They recently dumped the stocks of many listed companies, gained a lot of cash, and then bought the stocks of other promising listed companies.

  "Yes, President Jiang"

  Traders continue to buy.

  200,000 shares!

  200,000 shares!

  ··

  Wang Guanxi is also constantly shorting,

  100,000 shares!

  100,000 shares!

  ···

  The stock price continued to rise and rushed to the 31.00 position.

  Wang Guanxi shorted 5 million shares, with an average position of 30.00, and temporarily lost 5 million Hong Kong dollars.

   Feng Shaokun sighed: "This stock price is really strong. You shorted 5 million shares, worth 150 million, but the stock price has risen to 31.00."

  Wang Guanxi smiled and said: "No way, there are big funds to buy in."

  Indeed, HSBC International Trust Company continues to buy.

  ··

  At this moment, Dingyi Financial Company, the chairman's office, and Li Guangyu are all sweating behind their backs.

  Dingyi Financial Company has stumbled this time.

   Shorted 20 million shares. The stock of China Resources Beer Group was opened at 20.00. Now one share has a loss of 11 Hong Kong dollars, a total loss of 220 million Hong Kong dollars.

  It's a terrible loss.

  The position will be liquidated soon.

   "Damn it, don't go up!"

  Li Guangyu stared at the board.

  But the stock price is still rising, and finally rushed to the 32.00 position, and his account was liquidated.

  The short position of 20 million shares was forcibly liquidated by the securities company!

  The short position of 20 million shares is closed, which is equivalent to buying 20 million shares in the market!

  The stock price has risen all the way. After all, these 20 million shares are not liquidated all at once, but liquidated in batches.

   continued to rise to the close before closing.

  The stock price closed at 36.00.

  And Li Guangyu’s company lost 280 million Hong Kong dollars this time.

  Li Guangyu's face was pale, his heart was like a knife, and he smashed the computer keyboard to the ground!

boom!

"damn it!"

   "Grass!"

  ··

  At this moment, Wing Hang Securities Co., Wang Guanxi also sighed. Unexpectedly, he had just shorted and the stock price rushed to the 36.00 position.

  There is a lot of money lost in the account, a loss of 6 Hong Kong dollars per share, 5 million shares is a floating loss of 30 million Hong Kong dollars.

  But fortunately, it is in the acceptance range.

  Feng Shaokun said: “If I am not wrong, my friend Li Guangyu’s Dingyi Financial Company must have been sold out.”

  Before, Li Guangyu said that when the stock price reaches the 32.00 position, the account will be liquidated. Unexpectedly, when the stock price reaches the 32.00 position, a new round of rise will start, which is obviously caused by Li Guangyu’s liquidation.

  Then he continued: “The HSBC International Trust Company is increasing its holdings of China Resources Beer, and small retail investors and small institutions have been cut off, or their warehouses have been blown up.”

  Wang Guanxi is determined and convinced. He does not waver, fear, or fear, and said: "Although I am a retail investor, I am committed to making a dealer!"

   "I will not close the position, I will do it to the end!"

  Feng Shaokun listened to Wang Guanxi's words, his heart was shaken, and Wang Guanxi knelt instantly.

  Retail investors cut dealers?

   or super big bookmaker?

  Are you all right?

  Sisi!

  Can't imagine.

  (End of this chapter)