117 Shorted 14 million shares of BYD Electronics again
As time passes slowly, BYD Electronics Group's stock price 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 had a little idea of buying at the bottom, but he held back because if he bought at the bottom, Fidelity Investment Group in the United States might not increase its holdings, and it would be difficult to deal with it at that time. After all, Wang Guanxi could not figure out the specific price of Fidelity Investment Group in the United States.
So he gave up his thoughts.
Then Wang Guanxi took HK$500,000 to his bank card.
Now he only has a few thousand yuan left in his bank card, so he needs to make up some pocket money. In addition, the agency fee and interest for borrowing 10 million shares of BYD Electronics stocks this time was 200,000 yuan, so he transferred 200,000 yuan to Yongheng Securities Company.
The 200,000 yuan was paid by Feng Shaokun to Ping An Fund for him, because Wang Guanxi had no money at the time.
Soon Feng Shaokun’s message came: “Congratulations, Guan Xi, you have made another HK$40 million”
Wang Guanxi replied to him: "Haha, Brother Feng, my luck is as good as ever."
Feng Shaokun: "You will become a rich man soon"
Wang Guanxi: "The rich man dare not say it, try his best."
After the chat, Wang Guanxi fell into deep thought.
Now there is HK$140 million in his No. 1 fund.
Fund No. 2 has HK$20 million, and this HK$20 million will be transferred to the Global Jiyuan Entertainment Group.
It's still far from the rich.
"Oh, there are two months left to be the day when the global financial crisis breaks out, and the global stock market collapses!"
"In the past two months, I have no problem with achieving HK$200 million."
After thinking about it, Wang Guanxi planned to continue to find opportunities to short BYD Electronics Group's stocks, because Fidelity Investment Group will increase its holdings at any time. The stock price will be pulled up again, which will give Wang Guanxi the opportunity to short at a high level.
I feel excited when I think about it.
Time flies, and the stock price continues to fall. By the end of the morning, it had fallen to 5.01 yuan per share.
For the Hong Kong branch of Fidelity Investment Group, Si Xiuliang ordered: "The opening of the afternoon trading session will start to increase its holdings."
It is now 5.01 yuan per share, which is very low and the cost of building a position is also low.
You can buy a lot of stocks with 300 million yuan.
This time, he plans to increase his holdings in BYD Electronics Group's shares in batches, and buy them for HK$200 million to HK$300 million at a time.
Why do you need to batch?
Because he felt that HSBC International Trust would cash out the shares of BYD Electronics Group.
“Yes, President.”
For Fidelity Investment Group in the United States, HSBC International Trust is short-sighted, ignorant, and ignorant. It does not know about long-term investment and value investment.
For Jiang Quangang of HSBC International Trust, Si Xiuliang of the American Fidelity Investment Group is a high-level takeover!
Specially let them cash out their stocks at a high level.
Jiang Quangang ordered: "In the afternoon, let's wait and see and let that guy Si Xiuliang raise the stock price first."
“Yes, President”
··
The market will be opened soon in the afternoon.
Fidelity Investment Group in the United States began to increase its holdings in BYD Electronics Group, while HSBC International Trust was waiting and watching, listening to the sell-off, hoping that the stock price would rise higher before selling.
The buying orders on the market are far more than selling orders.
The stock price kept rising.
Rises from 5.01 yuan per share to 6.00 yuan per share.
After a short stay, it slowly rose to 7.00 yuan per share. It stayed for a short time and rose by 0.5 yuan again, reaching the 7.50 position.
But the stock price was soon sold.
This time it is not HSBC International Trust Company, but Ping An Fund!
That’s right, it’s Hao Yumao from Ping An Fund!
After Wang Guanxi shorted BYD Electronics and closed his position, the 10 million shares were returned to them Ping An Fund.
He felt that he should reduce his holdings by half, after all, he finally rose back.
This time he arranged for people to sell 5 million shares, causing the stock price to fall from 7.5 yuan per share to 6.50.
But not long after, a financial institution bought 5 million shares in large quantities, bringing the stock price to 7.50.
This financial institution is not Fidelity Investment Group, but Guohao Financial Group!
The president is Guo Linhai!
He feels that Fidelity Investment Group in the United States is increasing its holdings of BYD Electronics Group. In the future, with giants like Fidelity Investment Group in the United States, the share price of BYD Electronics Group will definitely rise to HK$20 per share.
So he rushed in and wanted to get a share of the pie.
20 minutes later, the stock price rose again and rushed to the 8.02 position!
Wang Guanxi looked at this scene and planned to continue shorting BYD Electronics. Maybe he can short it tomorrow.
I was excited to think about it.
Fidelity Investment Group in the United States will not push the stock price too high. If it is raised, it will increase the cost of building a position. Moreover, HSBC International Trust will sell stocks at a high level at any time.
Then he rode his bike to Yongheng Securities Company and asked Feng Shaokun to help him borrow stocks.
"What? You just closed your position today and are going to short again now?" Feng Shaokun looked puzzled.
"Yeah, short"
"Fight to the end with Fidelity Investment Group in the United States?"
"right!"
"Okay, do it." Feng Shaokun called immediately.
Then there were 4 million shares from Wu Zhanhai, and Ping An Fund only borrowed 5 million shares.
"I didn't expect Ping An Fund to be so good. I thought it was a lot." Wang Guanxi wanted stocks worth HK$140 million, but unfortunately there weren't that many.
"I have only borrowed so many. Hao Yumao just sold 5 million shares. This guy is really cautious."
"I'll call Guo Linhai from Guohao Financial Group to ask!"
Guohao Financial Group is a large financial institution that usually invests in and holds stocks of listed companies.
"What Guo Linhai should have"
Then he called and asked, Guo Linhai had bought 5 million shares and 15 million shares of BYD Auto Group. He asked him if he wanted it and lent him together.
Of course not, Wang Guanxi only needs the stock of BYD Electronics Group!
So he borrowed 5 million shares of BYD Electronics Group.
A total of 14 million shares were collected.
The next day, June 12th, the stock market opened on Thursday.
BYD Electronics' stock price has been rising all the way under the buying of Fidelity Investment Group in the United States.
At the end of the morning session, it rushed to 10.00.
At the opening of the afternoon, Fidelity Investment Group of the United States stopped buying because its stock price grew too fast. HSBC International Trust was waiting and watching, feeling that the stock price would continue to rise, so they wanted to wait.
Seeing that the two major institutions did not move, the stock price fluctuated very little, Wang Guanxi began to short.
10,000 shares!
10,000 shares!
···
He keeps shorting!
The stock price turned around and fell slowly!
The small retail investors in the market can't stand Wang Guanxi's selling orders at all!
The stock price kept falling, falling below 9.00 per share, then fell to 8.00 per share, and then closed.
During this period, Wang Guanxi pressed 1,400 times and his fingers were sore.
Chapter completed!