Chapter 139 139 Zhang Dexi broke his position, with a net worth of up to 225 million Hong Kong dollars

  At this moment, Wang Guanxi is eating lunch and listening to music.

  Before China Resources Beer Group's stock price fluctuated very sharply, and the trading volume was also very large.

  He knows that there are big funds cashing out crazily above the 30.00 position, and of course there are also big funds buying big money near the 30.00 position.

   "In the afternoon, the winner should be decided."

  He is looking forward to it.

  This time the China Resources Beer Group’s share price decline was not smooth sailing. It was ups and downs halfway through, and there will be hillsides one by one.

  At this moment, HSBC International Trust, Jiang Quanjiang ordered: "Continue to wait and see in the afternoon"

  They want to increase their holdings of China Resources Beer this time, but the stock price has surged too fast. In fact, they have not bought many shares, and the stock price is also high, so he plans to continue to wait.

  And Caitong Capital, Qiao Quanshan: "Continue to sell in the afternoon"

  In a flash, the market opens in the afternoon.

  Caitong Capital keeps selling.

  100,000 shares!

  100,000 shares!

  ··

  After the consumption of the morning trading, there are very few buying orders in the market, and many retail investors have also closed their positions.

   causes the stock price to fall all the way.

   fell to the 29.00 position.

   fell to 28.00!

   fell to the 27.00 position!

  ··

During the    period, retail investors entered the market to buy bottoms, as well as investment banks, high-frequency short-term traders of securities companies entered the market for ultra-short-term, but the funds were very small, fast in and out.

  The stock price fell all the way to the close, and it was fixed at 25.00.

  Caitong Capital has cashed out a total of 800 million dollars today. Qiao Quanshan is very satisfied and ordered: "Tomorrow, we will continue to cash out 200 million Hong Kong dollars."

  Ping An Fund requires that when the market closes on Friday, the 1 billion Hong Kong dollar fund will pass, and the market should be completed tomorrow morning.

  HSBC International Trust, Jiang Quangang already knows that some institutions are cashing out crazy, so he plans to let it cash out, then the stock price will fall a lot, and they are also increasing their holdings at a low level.

  "Continue to wait and see tomorrow"

  As for Catalan Auto Insurance, Zhang Dexi’s heart to scold his mother is all there, and the stock price has gone up so crazy before, but today it has fallen so badly!

  He holds 20 million shares in his account and loses HK$5 per share. Now he has lost HK$100 million.

   "MD, what does this HSBC International Trust Company do for you!"

  He played with funds this time, handed over 200 million Hong Kong dollars risk insurance money to HSBC Securities, and obtained 800 million Hong Kong dollars in account.

  In other words, he can only lose 200 million Hong Kong dollars. Now there is a 100 million Hong Kong dollar loss in his account. If China Resources Beer’s share price drops another 5 Hong Kong dollars, he will be finished.

   "Tomorrow HSBC International Trust will definitely sell, after all, the stock price is so low."

  Wang Guanxi just took a nap and woke up.

  Opened the phone and watched the stock price fall to the 25.00 position, and my heart was already blooming.

  There are 25 million Hong Kong dollars floating in the account.

  “It’s cool to get a profit of 25 million after sleeping.”

  "The stock price will definitely continue to plummet tomorrow"

   "Although HSBC International Trust will increase its holdings, it is also time for the stock price to drop to a very low level. I must close the position before they buy a large amount."

  Because HSBC International Trust Company may increase its holdings of China Resources Beer's shares at any time, the stock price will inevitably rise by then, and Wang Guanxi must close the position in advance.

   Then after the stock price rose sharply, he continued to short and maximize the profit.

  The next day, June 27th, Friday.

  The stock market opens.

  Caitong Capital, Qiao Quanshan: "Selling, 200 million yuan will be cashed out this morning"

  "Yes, Mr. Qiao" several operators in charge of China Resources Beer began to sell.

  100,000 shares!

  100,000 shares!

  ···

  There are very few buying orders in the market today, and their selling has caused the stock price to fall all the way.

  24.00!

  23.00!

  22.00!

  ··

  When they cashed out another 200 million Hong Kong dollars, the stock price had fallen to 21.00.

"Okay, stop closing the position!" Qiao Quanshan yawned. He didn't expect the stock price to fall so fast, but the sell-off went smoothly. Now I have cashed out 1 billion Hong Kong dollars, which can be traded to Ping An Fund, so he wrote it in advance. The email was sent to Ping An Fund, and then 1 billion Hong Kong dollars were sent to the account of Ping An Fund.

  ·

  Catalan Auto Insurance, President's Office, Zhang Dexi's face was pale and he looked at this scene with fear.

  He is going to die.

  The position is about to be liquidated.

  The HSBC Securities Company called before and asked him to replenish the risk deposit, so he added some more.

  But that is not enough to fill the hole.

  He couldn’t understand why the stock price fell so hard!

  ··

  At this moment, a large retail investor saw that the stock price of China Resources Beer had fallen to the 21.00 position, and quickly sold the 3 million shares in the account, and the stock price fell directly below the 20.00 position.

  This caused a huge change in the market.

  Zhang Dexi’s allocation account was forcibly liquidated by the risk control department of HSBC Securities.

  These 20 million shares were sold in batches.

  The stock price plummeted!

   dropped directly from the 20.00 position to the 14.00 position.

  The market is flooded with lots of selling!

  ··

  Wang Guanxi was overjoyed when he saw this scene!

   Crazy liquidation.

  There is a short order of 5 million shares in his account, and closing the position is equivalent to buying in the market.

  500,000 shares!

  1 million shares!

  1 million shares!

  1 million shares!

  ···

  Wang Guanxi is closing the position, and Zhang Dexi’s allocation account is being forcibly liquidated, and the two are hedged!

  The stock price still rushed from the 14.00 position to the 16.00 position.

  Wang Guanxi’s average closing price was at 15.00, earning 15 yuan per share, 5 million shares, or 75 million Hong Kong dollars.

  Great cool.

  The net value of the account has reached 225 million Hong Kong dollars.

  Wang Guanxi feels that this moment of life is extremely happy.

  Finally worth over 200 million Hong Kong dollars.

  ··

   And Zhang Dexi's face was earthy, with a cold sweat on his back, he broke his position, lost nearly 300 million Hong Kong dollars, and owed money to HSBC Securities.

  It's over, it's over.

  This time he lost most of his worth.

  At this time, someone from HSBC Securities Company called, and he must have asked him to pay back the money, because HSBC Securities Company also lost money and helped Zhang Dexi fill in tens of millions.

  Now I want Zhang Dexi to pay back the money!

  Zhang Dexi threw the phone directly and ignored it.

  The phone kept ringing, and finally he chose to shut down, he wanted to be quiet.

  It's not that he has no money anymore, and he hates HSBC to death!

  This HSBC International Trust hurt him.

  300 million Hong Kong dollars.

  This is not a small sum, he actually suffered so badly.

"damn it!"

   Zhang Dexi's eyes were full of anger, and he hammered the computer desktop hard.

  All he lost this time was his own money. All these years of accumulation are gone, and he still owes money to HSBC Securities!

  He regrets the funding!

  If there is no capital allocation, no matter how the stock price drops, he will not liquidate his position, even if the stock price drops 99.9%, as long as he can carry it down.

   "If you don't allocate funds, you won't be liquidated!"

  "Alas, the stockbroker of HSBC Securities Company is a beast, fool me!"

  Now he has transferred his mistakes, reducing the pain in his heart.

  (End of this chapter)