The next day, June 23, Monday.

Wang Guanxi got up very early.

Now he is like making money quickly. I am really short of money. If someone rushes to invest in the most difficult Jingdong Group this year, and he invests in Jingdong Group later, he will have to spend more money.

Maybe after Jingdong obtained financing, he survived the difficulties. After the Spring Festival in 2008, the valuation may soon return to more than 500 million US dollars.

However, the stock market has not opened yet.

After breakfast, I read the news.

After a while, the stock market finally opened.

The opening position is 2.95.

After a few minutes, it rose to 3.00.

Currently, Wang Guanxi is shorting 23 million shares of BYD Electronics Group, with a position building position at 5.00, earning 2 yuan per share, and temporarily making a floating profit of HK$46 million.

He plans to start closing his position when the stock price falls to 2.00.

Get out early and then short the stocks of other listed companies to make quick money.

Because BYD Electronics' stock will be low for a long time, Wang Guanxi will not spend so much time on it.

At this moment, the United States Fidelity Investment Group (fmr) and Hong Kong branch, Si Xiuliang ordered: "Continue to increase its holdings in BYD Electronics and sell Penguin Group."

“Yes, President”

Time flies and the stock price rises to 4.00.

The profits are decreasing, and Wang Guanxi has no choice but to watch.

Finally, BYD Auto Group took action and cashed out the shares of BYD Order Group again.

The stock price turned around and fell again.

Falling to 3.50.

Then it fell to 3.00.

BYD Auto Group, Hong Kong Branch, She Wenju: "Cash out temporarily"

And Fidelity Investment Group, Si Xiuliang: "increase holdings"

Then several traders started to buy large amounts, and this time they directly pulled the stock price from 3.00 to 4.85.

At this moment, Wang Guanxi's account suffered a heavy loss of profits, but there was nothing he could do, just wait.

"This American Fidelity Investment Group is still increasing its holdings, it's really a pity!"

Si Xiuliang: "The market stops increasing holdings, causing BYD Auto Group to sell, falling to 2.00 and increase holdings again"

He naturally knew that BYD Auto Group was cashing out BYD Electronics' stocks in exchange for cash, which was just right, so he could buy more stocks at a low level. Anyway, they were making long-term investments.

As for BYD Auto Group, She Wenju: "The US Fidelity Investment Group has pulled up its stock price and continues to sell."

At this time, BYD Auto Group began a new round of selling, while Fidelity Investment Group in the United States did not increase its holdings.

The stock price fell all the way, from 4.85 to 2.50.

It hit a record low.

Wang Guanxi was overjoyed.

"There are so many selling orders in the market, so I have to close the position."

He quickly started closing his position, and closing his short orders was equivalent to buying in the market.

He doesn't want to wait anymore.

1 million shares!

1 million shares!

···

The stock price turned around and rose with a visible turn, and soon rushed from the 2.50 position to the 3.50 position.

Wang Guanxi quickly stopped closing his position.

Si Xiuliang was stunned. There was funds coming in and rushing ahead to them.

"It's okay, grab it."

He just didn't bother paying attention to these little fish who were grabbing the market. Anyway, the stock price would still be suppressed by BYD Auto Group. He already knew that BYD Auto Group was cashing out the shares of BYD Electronics Group.

The stock price will fall soon.

Then the stock price slowly fell under the sell-off of BYD Auto Group, falling from 3.50 to 2.50, and Wang Guanxi closed his position again.

1 million shares!

1 million shares!

··

Back and forth, Wang Guanxi closed 13 million shares, and there were still 10 million short orders left in the account and not closed.

"Continue to wait, BYD Auto Group will definitely continue to sell. Once the stock price falls, I will close my position and rush to the point before Fidelity Investment Group in the United States increases its holdings!"

Thinking of this, Wang Guanxi felt a little proud.

At this moment, BYD Auto Group, She Wenju: "Continue to sell"

"Yes, Mr. Yu" traders continued to sell their stocks, and the stock price fell to 2.50 again, and Wang Guanxi continued to close his position when he saw this!

This time he was flattened very slowly.

200,000 shares!

200,000 shares!

```

Because there are not many selling orders in the market, Wang Guanxi's closing position has caused the stock price to rise to 3.50, and he quickly stopped closing the position.

Another 5 million shares were closed, and now there are still 5 million shares left in the account and it has not been closed.

He looks forward to closing all short orders this morning.

However, some retail investors entered the market. In the future, large funds were buying at the bottom, so they wanted to come in and get a share of the pie and buy it wildly.

Many high-frequency traders from investment banks also entered the market, such as Goldman Sachs, Citibank, Morgan Stanley...

These guys push the stock price to 4.00!

"Damn it, it actually rose to 4.00." Wang Guanxi's account's profit was reduced by HK$5 million, and he continued to wait for the opportunity to close the position.

Time passes slowly.

At 11:30 in the morning, the stock price fell again.

Ten minutes later, the stock price fell to 2.50 again, and Wang Guanxi was overjoyed.

"The closing opportunity has finally come"

So he started closing his position again.

500,000 shares!

500,000 shares!

··

Pull the stock price to 3.40!

Wang Guanxi's 23 million short orders have an average closing position of 295, earning HK$47.15 million per share. After deducting interest fees, Wang Guanxi's net profit of HK$47 million.

Wang Guanxi had just closed his position, and not long after, a large order for selling appeared and the stock price fell directly to 2.00.

This was done by Zhong Hewu of Jinlong Fund. He has been waiting for the stock price to rise above 5.00 and cashing out again, but he has not been able to wait. This time he doesn't want to wait.

Zhong Hewu, one of the major shareholders of BYD Electronics Group, is not optimistic about the automobile market in the second half of today, so it is better to cash out early, and you can still buy it at a low price in the future.

Winglong Securities Company Wu Zhanhai held 7 million shares, causing heavy losses, with a floating loss of nearly HK$45 million in his account.

"Oh, this damn BYD Electronics really made me die."

Although he is one of the heirs of the Wu family, if he performs poorly, he will not be able to inherit the family.

Many investments have failed recently, which really made him feel disheartened.

Guohao Financial Group, Guo Linhai holds 11 million shares of BYD Electronics and 15 million shares of BYD Electronics. The stock prices of both companies have fallen miserably recently, and he has suffered more losses than Wu Zhanhai.

The floating loss on the books was nearly HK$150 million.

"Oh, this American Fidelity Investment Group is a huge pit, a huge fraud. It said that it increased its holdings in BYD Electronics, but BYD Electronics has fallen so much recently."

For Fidelity Investment Group, Si Xiuliang's face was a little heavy, "Stop increasing his holdings for the time being."

Now they hold a total of 400 million shares in their accounts, with a floating loss of HK$1.6 billion. Although it is a long-term investment, such floating loss is indeed a bit too much.

The market closed soon in the morning.
Chapter completed!