Time passed in seconds, the stock price fell, gradually falling to 7.00, closing.

The floating loss in Wang Guanxi's account decreased from 57.5 million to 46 million, and he felt comforted and looked forward to it.

“Md, wait slowly”

"The bulls in the market are also weak, and Fidelity Investment Group will not continue to increase its holdings at a high level."

"Those retail investors who are buying at the bottom should also close their positions."

"After all, my financial strength is a small institution, and I have been crippled by retail investors!"

In fact, he was not particularly panicked. As long as the stock price of BYD Electronics did not reach above 10.00, Wang Guanxi would not be worried about being beaten to the spot.

In the evening, Wang Guanxi went to the open-air restaurant in the private club.

There are many financial elites here.

Wang Guanxi was drinking alone at night. Today, he was not in a very good mood and was a little depressed.

Feng Shaokun is similar, because a technology company he invested in went bankrupt today and the 10 million Hong Kong dollars he invested was almost lost.

"Brother Feng, come and have a drink"

"Okay, drink"

Then the two of them slammed a few cups in a row.

At this time, Wu Zhanhai, Hao Yumao, Guo Linhai, Zhang Dexi, Chen Tianqing and others also came, and several vice presidents of financial institutions were also there.

Drinking wine, talking about international finance, the world economy, and bragging about awesomeness.

Wu Zhanhai asked: "Guanxi; how did you short BYD Electronics this time?"

He increased his position and bought 3 million shares when the average price was 4.00. It was so cool. His account had a maximum floating loss of HK$36 million, but it was only a floating loss of HK$6 million.

It's so cool.

Wang Guanxi smiled faintly: "It's okay, it's just a few million losses."

At this time, Guo Linhai also came over and said with a smile: "Guan Xi, it's okay, it will definitely fall. I wish you good luck."

“Haha, come on, have a drink”

He also lost a lot before, but he bought 6 million shares at a low level, and now he has a floating profit of HK$22 million in his account.

"Absolutely, the stock price of BYD Electronics will inevitably fall below 2 yuan per share in the future. Do you believe it?" Wang Guanxi raised his wine glass and looked at the two of them with a smile.

At this time, Hao Yumao also raised his glass and said, "Haha, of course I believe it."

"Come on, drink!"

"drink!"

The three of them lent the stock to Wang Guanxi, totaling 23 million shares!

Everyone is betting.

By then, Wang Guanxi could not bear it anymore and closed the short orders and would buy 23 million shares in the market and return them to them.

"I hope that Fidelity Investment Group in the United States will no longer increase its holdings in BYD Electronics' stock, otherwise Guanxi will be unhappy."

Wang Guanxi said with a smile: "It's definitely not."

"This time I'm shorting BYD Electronics for the third time."

This is the third time that Wang Guanxi has shorted BYD Electronics. He likes shorting BYD so much. Guo Linhai smiled and said, "Guanxi, I still have 15 million shares of BYD Auto Group. If you want to short BYD Auto Group, you can come to me to borrow stocks at any time."

He planned to lend 15 million shares of BYD Auto Group to Wang Guanxi, but Wang Guanxi refused.

···

Everyone was drinking, and the message came.

[Ford and Mercedes-Benz announced a large number of layoffs, and the automotive industry faces severe tests]

[U.S. stocks suffered the largest single-day decline in 16 months]

At this moment, a deputy general manager named She Wenju of BYD Auto Group, Hong Kong branch, ordered: "Selling BYD Electronics' stock tomorrow and cashing out a portion of the cash."

BYD Auto Group is the largest shareholder of BYD Electronics Group, holding 1.48 billion shares, accounting for 65.7%

Because the company needs liquid cash and sells assets everywhere, BYD Electronics' stock also needs to sell part of it, they plan to sell 200 million to 400 million shares.

"Yes, Mr. She"

····

At 10:30 pm, Wang Guanxi went home in a state of alcohol.

Just entered the house.

"Have you gone to drink again?" Mo Yunzhen asked.

"Well, I've had some wine." Wang Guanxi yawned and went to the bathroom.

"Every time I go out, I drink less in the future." Mo Yunzhen scolded: "Make less friends with wine and meat"

"Yeah, I understand." Wang Guanxi brushed her teeth and couldn't speak clearly.

His father Wang Junming also instructed: "It's okay to drink and socialize, but never get drunk, do you know?"

"Our boss, Zhou Hongqi got drunk a few years ago and signed a contract that was cheated, and suffered tens of millions of losses."

His boss, Zhou Hongqi, also known as the chairman of Shenfang Industrial Group, signed a contract to cheat people two years ago because of a wine party. At that time, he was also present to persuade Zhou Hongqi not to sign, but Zhou Hongqi still signed it, and then lost tens of millions of dollars because of the contract to cheat people.

"Know" Wang Guanxi nodded and asked again: "Dad, how is the Shenyi Industrial Group you are in?"

"It's almost done, but it's impossible to buy it," Wang Junming said with a smile.

The LuShenzhen Index has fallen to 2975.

He and his cousin Wadezhou shorted the 120-hand Lushen 300 index, and the position was 4070, with a fluctuation point of 36,000 yuan. Now the floating profit is 39.42 million yuan, which is nearly 45 million Hong Kong dollars!

This time they are developed.

Although the situation in Shenzhen Textile Industry Group is getting worse and worse, with heavy debt, orders have been cancelled in large quantities, payment for goods has not been settled, and many workshops have been shut down. The entire group has been valued at 500 million yuan from its previous valuation, but now it is less than 100 million yuan. Rumor has it that Zhou Hongqi will sell it for 80 million yuan, but no one wants it!

Because I have to bear its debt after buying it, no one is willing to take over this mess.

Wang Guanxi smiled and said, "It's soon, you can take over when it goes bankrupt."

The Shenzhen Textile Industry Group is destined to go bankrupt. At that time, it will crazily sell the company's assets to pay off its debts. However, the assets will plummet, no one will ask for them, the employees' wages cannot be paid, the orders will be gone, and they will lose money every day, and they will soon ggle them.

Moreover, Zhou Hongqi's personal investment failed and was heavily in debt. Not only did the company complete, but he was also finished and was in a downturn for several years.

"Haha, it depends on the situation. Maybe it is really possible." Wang Junming also had some expectations, which was a kind of expectation of turning over and becoming a boss.

The next day, June 20, the stock market opened on Friday.

The shares of BYD Electronics Group began to fall under the sell-off of BYD Auto.

A large number of selling orders are flooding the market.

The retail investors who bought the bottom have been tough for two rounds before, but this time they can't get tough, and they closed their positions and cashed in profits.

In the morning session, the stock price fell from 7.00 to 5.10!

Wang Guanxi's account has changed from a floating loss of HK$46 million to a floating loss of HK$2.3 million.

The situation has stopped, it’s so refreshing.

"Damn, it's so powerful. I was really a false alarm yesterday!"

He clearly remembers that the stock prices of BYD Electronics and BYD Auto Group will fall all the way, and then Fidelity Investment Group in the United States is not a fool and will not continue to increase its holdings at a high level!

Wu Zhanhai, Hao Yumao and Guo Linhai could only watch and could do nothing.
Chapter completed!