When he returned home, Wang Guanxi leaned against the head of the bed and fell into deep thought.

Today, Wang Guanxi's layout for the future gradually began.

Now he's short of money.

There are three months left. On September 14, the subprime mortgage crisis in the United States triggered a global financial crisis. By then, shorting the Hang Seng Index by yourself should be able to make a lot of money.

In normal times, if you short the Hang Seng Index for 1 lot, banks, futures companies and securities companies all provide 10 times of leverage, and investors need a margin of HK$100,000.

To short 10,000 lots, you will need HK$1 billion in margin.

Wang Guanxi does not have a margin of HK$1 billion, so he needs to apply for 100 times of leverage.

He consulted Feng Shaokun and as long as the account funds are less than HK$200 million, he can apply for 100 times of leverage from Yongheng Bank to short the Hang Seng Index!

With 100 times the leverage, you only need a margin of HK$10,000. If you do a 10,000 lot, you only need a margin of HK$100 million.

More than HK$200 million, it only provides 10 times of leverage.

After all, the higher the funds and the higher the leverage, the higher the risk, and banks are also worried about being affected by investors with huge losses.

“Make money faster”

"Make the funds first at HK$200 million"

"Some of the funds exceeding HK$200 million can be used to invest in high-tech companies, or can be invested in the global Jiyuan Group!"

Now he shorts BYD Electronics Group, and his stock account has lost HK$35 million, and his net worth is only HK$135 million.

It's still a little far from HK$200 million.

The Wang Venture Capital Foundation has invested in many high-tech companies.

Solomon Technology, 20% stake, locks in a return of at least HK$1 billion.

Energy-saving Electronics, a 25% stake, locks in a return of at least HK$800 million.

Xiansixing Electronics, a 30% stake, locks in a return of HK$1 billion.

Changhong Semiconductor Company, 20% of the law protection company, locks a return of HK$700 million when it goes public. If it is 2020, it will be a return of at least HK$5 billion.

Jingke Energy, a 35% stake, locks in a return of $400 million.

Ruidiko Electronics, a 50% stake, locks in a return of $120 million.

But this is a long-term investment, which lasts for several years. If you want to securitize your assets, you have to wait for the company to go public.

He then opened the stock trend chart of BYD Electronics Group.

This week, its stock price plummeted for two consecutive days, from 14.00 to 6.50, and it seemed that it had almost fallen. It will fall again tomorrow, and the stock price of BYD Electronics Group will definitely rise.

Why rise?

Because Fidelity Investment Group in the United States will definitely increase its holdings at a low level.

HSBC International Trust will reduce cash out or temporarily stop cashing out because BYD Electronics' stock price is at a low level.

So Wang Guanxi has to close his position tomorrow no matter what.

Thinking of this, he was a little excited.

After all, he also plucked his hair from Fidelity Investment Group and HSBC International Trust.

The next day, June 11, Wednesday.

The stock market opens.

HSBC International Trust, Jiang Quangang ordered: "Continue selling today!"

He knew that Fidelity Investment Group in the United States was waiting for an opportunity to buy the shares of BYD Electronics Group, so he would continue to cash out. Once Fidelity Investment Group in the United States made an increase in holdings, he would stop cashing out, and let Fidelity Investment Group in the United States raise the stock price and they would cash out again.

··

For the Hong Kong branch of Fidelity Investment Group, Si Xiuliang ordered: "When the short sellers in the market are out, we will enter the market."

After looking at the trend chart of BYD Electronics Group, he said: "When the stock price falls to 5.00, start increasing your holdings."

"Yes, the President" several traders responsible for operating BYD Electronics Group are on high alert.

Both major institutions have ulterior motives, and Wang Guanxi, a big retail investor, also stared at the stocks, for fear of missing the best opportunity to close positions.

Twenty minutes later, the stock price fell to 6.00 under the sell-off of HSBC International Trust.

After briefly receiving support, the stock price fell below 6.00, which immediately caused a large number of mainland retail investors to stop losses.

"md, I was still making a profit last week, but I lost money this week. I had known that I would have retreated last Friday. I was greedy!"

··

You should know that these retail investors have bought at 10.00, and now they have lost so much, so many people have chosen to cut their losses.

However, these retail investors have small amounts of funds, and their selling of stocks has also caused the stock price to fall to 5.80.

At this moment, Wonglong Securities Company, Wu Zhanhai's face was gloomy. He held 4 million shares in the account, and the average price of the position was 12.00, with a loss of 6.2 yuan per share, and now he has a floating loss of 24.8 million Hong Kong dollars.

He felt hated. When he saw Fidelity Investment Group in the United States saying that he would increase his holdings in BYD Electronics, he wanted to come in and get a share of the pie. He never expected that this was a big pit.

HSBC Trust, the major shareholder of BYD Electronics Group, is selling its shares!

"md, I just don't close my position!"

Wang Guanxi shorted BYD Electronics Group last week. The stock price reached 14.00 at that time, and the floating loss in the account was 40 million. Wang Guanxi could resist. Why can't the funds be?

Just carry it!

He will not cut his flesh easily.

Wang Guanxi was worried about whether to close the position. If it was too late and Fidelity Investment Group in the United States started buying at the bottom, the stock price would definitely rise sharply and his account would lose a lot of profits.

But after thinking for a while, Wang Guanxi planned to close the position at 5.50!

Time flies, and the stock price finally falls to 5.50. Wang Guanxi starts closing his position without saying a word.

1 million shares!

1 million shares!

1 million shares!

···

Because Wang Guanxi is a short seller, when the short seller closes his position, he buys the same amount of stocks in the market.

Soon the stock price reached 6.40, and Wang Guanxi immediately suspended closing the position.

He just closed down 5 million shares.

As for HSBC International Trust, Jiang Quangang felt that this was an opportunity to continue cashing out, so he ordered: "Continue to close the position!"

"Yes, the president" traders continue to sell stocks.

Soon the stock price fell to 5.50 again.

Wang Guanxi closed his position again frantically.

Still the same!

1 million shares!

1 million shares!

···

The stock price was once again pulled to 6.40 by Wang Guanxi.

Finally finished.

His average closing price was 5.95, and he made HK$4.05 per share, 10 million shares, and a total of HK$40.5 million.

"I closed my position early this time. I must have dared to close my position before Fidelity Investment Group increased its holdings!"

That's true. At this moment, Si Xiuliang frowned. The stock price of BYD Electronics Group fell to 5.50 twice, and then it turned around and rose. Perhaps it was because other bulls increased their holdings, or perhaps it was short closing.

"President, are we going to increase our holdings now?" asked the assistant.

"No hurry, you must wait until the stock price falls to 5.00 before increasing your holdings." Si Xiuliang thought for a while and said, "HSBC International Trust Company will sell its stocks, so we'll just wait."

“Yes, President”
Chapter completed!