48 Jinyong International bought 15 million in advance
Time flies.
Several hours later, he finally found a listed company, Jinyong International Investment Company.
It mainly provides customer relationship management outsourcing services, securities consulting, buying and selling, and asset management holding companies!
It has four major businesses.
Customer Relationship Management Services
Passenger Information Management System Business
RF user identification module service
Investment management business.
The current share price is 0.32 yuan per share, with a share capital of 11 billion shares, and a market value of HK$3.52 billion.
Wang Guanxi remembers that its stock price rose a lot in early April, and its market value increased several times in a short period of time, and its market value quickly exceeded the 10 billion Hong Kong dollar mark.
Because this company shorted the US financial market and made a lot of money.
Its stock price is currently at a low level, and Wang Guanxi plans to buy at the bottom to see how much money he can make.
But today is the weekend, and the financial market is closed
If you want to buy at the bottom, you can only wait for tomorrow.
Currently, he has 15 million yuan in funds, and Wang Guanxi plans to enter the market with full position!
Thinking of the future acquisition of Northron Rock Bank, Wang Guanxi can't wait to make money.
At this time, the mobile phone information came, the information on QQ.
"Have you got a meal yet?"
It was sent by Lin Xiaoyu, so Wang Guanxi started chatting.
I chat with her every day, which is very clingy. If I reply to the message late, she will call her.
··
At this moment, in Tsim Sha Tsui, Jincheng Holiday Hotel, in the luxurious swimming pool, two big-bellied men were drinking with wine glasses, and there were two beautiful women around them peeling fruits, waiting for their appointment at any time.
"Sister, come here"
"Brother has information"
The two men were Shu Huadong and Qian Qingjun respectively.
Shu Huadong is the major shareholder of Jinyong International, while Qian Qingjun is the manager of a stock fund.
This time, several US stocks invested in Qian Qingjun's stock fund suffered heavy losses, especially Bear Stearns' stock, which fell into shit. He did not close his position, but chose to continue to fight. He didn't know when he would get out of the trap.
Now Bear Stearn has been acquired by Morgan Bank, avoiding bankruptcy and losing all his money.
Unfortunately, the company's capital chain is tight and some customers want to withdraw their investments, so he plans to sell the stocks of a listed company in Hong Kong in exchange for cash.
His stock fund, called Qianyuan Stock Fund, currently holds about 50 million shares of Jinyong International Company, worth 16 million.
He wanted to sell all these stocks, but the price was too low, so he wanted to raise the stock price before shipping, so he needed Shu Huadong, the third largest shareholder, to cooperate.
"Lao Shu, I need funds urgently this time. Can you help me?"
Shu Huadong sighed: "Old Qian, it's not that I don't help you, but that I have pulled up the stocks and my own money will be trapped. Now our company has shorted the stocks of an American bank in a large number of times, and is still losing money now."
The bank he mentioned was naturally Hume Bank in Missouri. It was rumored that in a serious crisis, the loans released could not be collected, but the stock price had not fallen, but instead rose, and seemed to have been rescued.
"The company's performance this year is not good. If you pull up the stock, no one will take over it. Then we will have to trap ourselves at a high level!"
After hearing this, Qian Qingjun was a little disappointed and asked again: "Lao Shu, are you planning to ask for these stocks?"
Shu Huadong thought for a while: "One share of 0.2 yuan, how about I spent 10 million to buy your 50 million shares?"
Now Qian Qingjun is very cash-strapped and is eager to sell his shares. Now the stock price of Jinyong International Company is 0.32 yuan per share. He wants to buy Qian Qingjun's 50 million shares at a price of 0.2 yuan per share and kill him well.
"0.2 yuan per share?" Qian Qingjun looked at Shu Huadong with an incredible face and thought to himself: "This damn guy, take advantage of the situation and want to kill him."
He bought these 50 million shares at the beginning at the price of 1 yuan per share, spending him 50 million Hong Kong dollars. Now he is sold to Shu Huadong at the price of 0.2 yuan per share, and can only recover 10 million Hong Kong dollars and lose 40 million Hong Kong dollars. He is not so stupid. He is short of money and will not do it.
"0.32 yuan per share, market price, I'll sell it to you."
Shu Huadong shook his head: "I don't have that much cash now, the price is too expensive, I can only give you a price of 0.2 yuan per share."
In fact, he also wanted to kill Qian Qingjun very much.
"Then I'll go back and think about it." Qian Qingjun planned to wait and see.
Let’s see how the stock price has gone in the past few days, is it a fall or a rise?
···
On Monday, March 31, the stock market opened.
The share price of Jinyong International Investment Company began to fall, from 0.32 yuan per share to 0.30 yuan per share, with a very small trading volume.
Wang Guanxi took action.
Start buying.
1 million shares!
1 million shares!
··
Wang Guanxi's buying prompted Jin Yong International's stock price to quickly surge from 0.30 yuan per share to 0.50 yuan per share!
Qian Qingjun was immediately overjoyed. He now holds 50 million shares, worth 25 million.
Shu Huadong wanted to kill him last night, but fortunately he was not fooled.
He intends to continue observing.
The market will start soon in the afternoon.
Wang Guanxi continues to buy!
1 million shares!
1 million shares!
····
Jinyong International's stock price was directly pulled to 0.7 yuan per share.
Wang Guanxi bought a total of 30 million shares, with an average position building at 0.50 yuan per share!
Now the account has a floating profit of HK$6 million, but it is just a floating profit. Once Wang Guanxi closes the position, the stock price will plummet because not many people come to take over.
"Oh, this floating profit is just a false one. If the buyer doesn't come out, it's hard for me to cash in on the profit!"
Wang Guanxi sighed secretly in her heart.
The stock market is just a zero-sum game.
The stock market soon closed, and Jinyong International's stock price also stabilized at 0.7 yuan per share.
Qianyuan Stock Fund at this moment.
Qian Qingjun watched Jin Yong International's stock price soar from 0.30 yuan per share to 0.70 yuan per share today, an increase of 133%.
"That's great, have you finally put your strength?"
"Is that institution buying it crazy?"
He was very excited and was struggling whether to start selling stocks tomorrow. If he sells wildly, there would not be enough buyers, the stock price would definitely fall sharply.
Wait a little longer, if the stock price reaches 1 yuan per share, it would be great, and the 50 million shares he holds won't lose much money.
Before, he bought these 50 million shares at a price of 1 yuan per share. When the stock price reaches 1 yuan per share, he will slowly sell the stock, which may cause the stock price to plummet, but it will not lose a lot of money.
··
At this moment, the United States is still in the early morning.
Hume Bank, Missouri, is holding a meeting.
This time, the bank suffered major losses in the subprime mortgage crisis and could no longer cover it up.
Funds were run overnight for major customers.
When the U.S. stock market opens in the morning, the company's stock price will plummet.
Jinyong International, which shorted Hume Bank stocks, will make a big profit.
Then the stock price of Jinyong International Company listed in Hong Kong will rise sharply, while Wang Guanxi will buy its stock price in advance.
Chapter completed!