At 10:30 in the evening, the dinner was over.

Wang Guanxi returned home.

Turn on the computer and read the latest current affairs news. He is more concerned about technology, economy and finance, and likes to collect information.

Let’s see if there is any negative news about China Resources Beer Group.

He shorted 5 million shares of China Resources Beer, with a position of 30.00 yuan per share, but the stock price reached 36.00 yuan at the close of the trading day this afternoon, and his stock account lost 30 million Hong Kong dollars.

"The stock price has hit a record high of 36.00 yuan per share, and HSBC International Trust will not increase its holdings at a high level for the time being."

"Then Li Guangyu was also unlucky enough. He shorted China Resources Beer and ended up encountering a giant financial institution like HSBC International Trust."

HSBC International Trust, I don’t know how many wealthy families will buy HSBC’s trust products, which also includes many mainland rich people. You can imagine how large the assets of HSBC International Trust Company are!

A small institution like Li Guangyu shorted China Resources Beer this time and was directly crushed by Wurong, and then broke the position and lost HK$280 million!

Suddenly a scrolling news headline appeared.

[Ping An Group's US stock market once again lost 1 billion US dollars, intending to sell 10 billion assets at a discount]

This is a huge thing in Ping An Group. This little money may not be a big deal. Ping An Group may sell a lot of Hong Kong assets.

I don’t know if the stocks of which listed company will be sold?

The subprime mortgage crisis broke out very seriously in the United States, and it will trigger a global financial crisis in more than two months.

Wang Guanxi is very much looking forward to September 14th.

"Let's talk about it first. After the global financial crisis broke out, the Hang Seng Index plummeted by 10,676 points, a drop of more than 10,000 points. He can make a lot of money by shorting."

At this moment, the mainland fund company, Caitong Capital, and general manager Qiao Quanshan, were crawling on the desk to sleep.

The mainland stock market has been falling recently, and the market has fallen for more than a month. Because Caitong Asset holds many stocks of listed companies, the assets have shrunk severely, but there is nothing we can do.

Recently, he has been frequently exchanging stocks, selling off the stocks of listed companies with bad prospects, and then buying stocks of listed companies with good prospects.

At this time, the phone rang. It was called by Hao Yumao, a vice president of Ping An Fund.

After the connection is made, the other party must continue to redeem the funds.

It costs about 2 billion.

Ping An Fund is a big customer of Caitong Capital. It entrusted hundreds of billions of assets for Qiao Quanshan to manage. Last time it redeemed 1 billion, and this time it had to redeem 2 billion.

Qiao Quanshan asked: "Mr. Hao, give me a few days, we need to sell some assets."

Hao Yumao: "Ok, no problem"

This time, it was the matter ordered by his superiors, which required a lot of funds. He thought of Caitong Capital, especially the mainland stock market, which has been falling, and Caitong Capital's assets have also shrunk severely. His superiors hope to redeem certain funds.

After thinking about it, he said again: "Mr. Qiao, we urgently need funds now. I hope you can prepare 1 billion Hong Kong dollars in funds when the stock market closes this Friday."

"Okay, Mr. Hao, don't worry, it's done on Friday." After the call, Qiao Quanshan turned on the computer and checked the stock prices of various listed companies!

As a large private equity fund in the mainland, Caitong Capital has an asset scale of up to 70 billion yuan, and its customers are large financial institutions, insurance companies, trust funds, and wealthy people.

Qiao Quanshan bought a lot of listed companies, including mainland China, Hong Kong, and Ribenzene, and its main investment is in Asia.

Penguin Group, China Resources Beer, BYD Auto, BYD Electronics, Sinopec, Sinopec, Moutai...

In the end, he was frozen on the stock trend chart of China Resources Beer Group.

He is very optimistic about the shares of China Resources Beer Group. It has recently risen from 20.00 to 36.00. Caitong Capital holds 7% of China Resources Beer Group's shares, totaling 113 million shares. The current share price is HK$36.00 per share, worth HK$4.084 billion. In other words, the stock price has risen sharply recently, which has added value to the shares they hold by HK$1.824 billion.

"Let's sell China Resources Beer stocks this time."

Ping An Fund needs to redeem HK$2 billion, and it is enough to sell the shares of China Resources Beer.

The next day, June 26th, Thursday.

Qiao Quanshan got up very early and came to Caitong Capital headquarters. There were more than a dozen operators, several traders and risk control personnel in the trading room.

After saying hello and eating the breakfast delivered by his assistant, he ordered: "The Hong Kong stock market will sell the stock of China Resources Beer Group when the stock market opens."

"Yes, Mr. Qiao" several operators nodded one after another.

Soon the Hong Kong stock market opened, and they began to sell stocks of China Resources Beer.

200,000 shares!

200,000 shares!

200,000 shares!

····

China Resources Beer's stock price continues to fall.

It soon fell from 36.00 to 33.00.

As for HSBC International Trust, Jiang Quangang ordered: "Continue to wait and see."

The stock price has risen too high recently, so they are not good enough to continue to increase their holdings at high levels. Now the stock price is falling so fast, so there must be large institutions cashing out at high levels.

He is not a fool to be a buyer at a high position!

"Yes, Mr. Jiang"

Time flies, and the stock price has been falling all the way under the sell-off of Caitong Capital!

32.00!

31.00!

30.00!

After a short stay, the stock price continued to fall below the 30.00 position.

Five minutes later, the stock price fell to 29.50.

Wang Guanxi was very happy. His account changed from a floating loss of HK$30 million to a floating profit of HK$2.5 million, and his net value was as high as HK$155 million.

··

At this moment, in Catal Auto Insurance, the president's office, Zhang Dexi opened the stock account. This time he used 200 million funds as risk margin to allocate 800 million funds to HSBC Securities, intending to buy stocks of China Resources Beer.

In other words, he gave HSBC Securities a risk margin of 200 million yuan, while HSBC Securities gave him a stock account of 800 million yuan.

With leverage of 4 times, he can only lose 200 million Hong Kong dollars. If he loses the risk margin, he will be forced to close his position.

There are risks, but he is not worried.

Because he learned that HSBC International Trust was increasing its holdings in China Resources Beer on a large scale, he felt that the stock price of China Resources Beer would definitely rise to 50.00 yuan per share, so he wanted to go in and make a quick money. When the stock price reached the 45.00 position, he came out.

Now that the stock price has fallen to 29.5, it is time to take action, and it will be too late to wait until HSBC International takes action.

So he started buying!

The stock price was directly pulled up by him!

500,000 shares!

500,000 shares!

···

Stock prices are rising rapidly!

Qiao Quanshan shouted: "Increase the sale!"

"Yes, Mr. Qiao" operators have increased their sales!

Zhang Dexi is buying frantically, while Caitong Capital is also selling frantically!

500,000 shares!

500,000 shares!

··

The stock price is at 29.00 to 31.00, and I am fluctuating violently!

At the close of the morning session, the stock price fell to the closing position at 30.00.

Zhang Dexi bought 20 million shares worth 600 million.

"There are financial institutions selling on it, there are so many selling orders!"
Chapter completed!