Wang Guanxi said, "Brother Feng, I want to do the Hang Seng Index, prepare a hundred times leverage for me."

Currently, his account is HK$200 million, and in normal times, normal securities companies, banking institutions, and futures companies provide investors with 10 times leverage.

To do a first-hand Hang Seng Index, you need a margin of HK$100,000. Wang Guanxi’s account with a half-position operation means that he can only do 1,000 lots, because under 10 times the leverage, 1,000 lots will require a margin of HK$1000.

However, Wang Guanxi and Feng Shaokun are very familiar with each other and can apply for 100 times of leverage. To do a first-hand Hang Seng Index, you only need a margin of HK$10,000. If you do a first-hand Hang Seng Index, you only need a margin of HK$100 million.

The greater the leverage, the greater the risk. One point of the volatility of the Hang Seng Index in 1 lot is HK$50, and the Hang Seng Index in 10,000 lots is HK$500,000.

Wang Guanxi's account with a half-position operation and shorting the Hang Seng Index for 10,000 shares will cost HK$100 million in margin, and there will be 100 million in available funds left in the account. If the Hang Seng Index rises by 200 points, Wang Guanxi will lose its position.

But the greater the risk, the greater the profit.

Don't take risks, make a lot of money.

Wealth is always inclined to those brave, bold adventurers.

Feng Shaokun asked curiously on the phone: "Guan Xi, so fast? Didn't you say it only started in September?"

100 million Hong Kong dollars, 100 times leverage, short the Hang Seng Index,

As a provider of 100 times leverage, Yongheng Bank has to spend HK$10 billion to hit the market.

10 billion cash, that's right, it's HK$10 billion in cash.

For big banks, that's a small matter. Big banks have a lot of deposits, and many big banks give leverage dozens of times to these funds or investors.

It is no problem to spend tens of billions of dollars at a time.

But for small and medium-sized banks, HK$10 billion is okay.

Of course, after Wang Guanxi's capital exceeds HK$200 million, Yongheng Bank will not provide him with 100 times of leverage in order to avoid risks, and the leverage will be reduced to 10 times by then.

Wang Guanxi smiled and said, "Yes, I'll do it tomorrow."

"Okay, then come here tomorrow morning, you need to operate at Yongheng Securities Company"

"Okay, see you tomorrow"

After the call was over, Wang Guanxi was a little excited.

I used to be trading stocks, but I didn’t make much money at once, and the trading volume of stocks can be compared with stock index futures.

What are stock index futures?

For example, buying and selling LuShen 300 Index, Hang Seng Index, Nikkei 225 Index, Dow Jones Index, S&P 500 Index, Nasdaq Index... The market indices of various countries can basically be bought and sold.

This time he will make a lot of money in the Hang Seng Index, and Wang Guanxi is particularly excited.

"I'm going to start to make a real fortune"

After the global financial tsunami, the Hang Seng Index will continue to fall to 10,700. That is to say, if Wang Guanxi shorts 10,000 lots at 23,300, he will make 12,600 points, and one point is HK$500,000!

How much money will you make?

HK$6.3 billion!

That’s right, it’s HK$6.3 billion!

But Wang Guanxi is not satisfied with HK$6.3 billion. During the period, the Hang Seng Index rose and fell. He had to eat up all these profits and maximize the profits!

He also uses profit to increase his position and short positions!

He would not be satisfied if he didn't get more than 10 billion this time!

Even more than 15 billion!

"I can't wait"

Wang Guanxi was very excited and couldn't sleep anymore.

The next day, August 4th, on Monday, the alarm rings, and Wang Guanxi gets up in high spirits. To be honest, he is in good spirits and is not sleepy at all.

After washing up, I went downstairs for breakfast and rushed to Yongheng Securities Company.

I also plan to buy Feng Shaokun a breakfast.

If it is another bank, it is very difficult for Wang Guanxi to apply for 100 times of leverage, but Yongheng Bank is different. However, they have been working for a long time and provide 100 times of leverage. Wang Guanxi can operate 10,000 yuan, and they can also charge more processing fees, as well as interest, etc.

In the mainland, many securities companies and futures companies will give retail investors a high leverage, especially the capital allocation salespersons, who want you to use high leverage to operate large amounts every day. In this way, securities companies not only receive interest, but also have a large amount of handling fees, because once you trade stocks, there will be handling fees, such as 5/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/10/

The more trading volume, the more commissions the securities company will draw. If a retail investor trades in a year is 100 million, it will bring 30,000 to 50,000 to the securities company.

The more customers each securities company has, the more customers’ funds and the larger the transaction volume, the more processing fees it will charge.

Of course, this is just the income from the brokerage business of securities companies. Many securities companies have their own funds and do business in the financial market.

"Thank you, I actually bought breakfast for me." Feng Shaokun took the breakfast with a smile and said, "It's ready, it's ready to operate."

"OK"

"I'm just waiting for the stock market to open." Wang Guanxi sat excitedly on Feng Shaokun's office chair, while Feng Shaokun went to have breakfast. While eating breakfast, he didn't forget to chat with his Nanjing lover Liu Fanxia.

Time flies.

The stock market is opening.

The Hang Seng Index jumped 25 points and opened at 23325. Wang Guanxi didn't say anything and shorted 5,000 lots!

The 5,000 short orders were smashed and the buying in the market was cleared. Because of the small trading volume, the Hang Seng Index fell by 25 points, falling from 23,325 to 23,300.

Wang Guanxi didn't dare to short 10,000 lots at one time, for fear that the main bulls in the market would rise, and if they rose by a few hundred points, they would lose their positions themselves, so be cautious.

Let’s try the plate first for 5,000 hands.

Five minutes later, the Hang Seng Index fell by 25 points again, falling to 23285.

The bulls and bears are fighting fiercely.

The trading volume is getting bigger, thousands of orders are pouring in.

Wang Guanxi waited patiently.

15 minutes later, the bulls had a slight advantage, and the Hang Seng Index began to rise from 23285 and soon rose to 23300.

Here the bears made another effort, and the two sides fought a small battle, and the rise was soon suppressed and the bulls were weak.

"The bulls are already weak, good opportunity"

Wang Guanxi shorted 5,000 lots again!

The Hang Seng Index fell 25 points immediately, falling from 23300 to 23285.

Wang Guanxi currently holds 10,000 short orders in his account with the Hang Seng Index, with an average position building position of 23,300. One point of fluctuation is the profit and loss of HK$500,000. The temporary floating profit is 25 points, with a total floating profit of HK$1.25 million.

Soon, the bulls in the market made another effort.

The Hang Seng Index rose again to 23300, and the floating profit disappeared.

It rose to 23325 in 10 minutes, and the account lost 12.5 million Hong Kong dollars.

Wang Guanxi was a little depressed. He thought that as long as he shorted, the Hang Seng Index would continue to fall.

Unexpectedly, it was not the case.

The bulls in the market are quite strong.

After another 5 minutes, the Hang Seng Index fell back to 23,300, and the bulls and bears continued to fight again.

At this time, a trader in Goldman Sachs Hong Kong branch suddenly shorted 100,000 Hang Seng Index, which immediately smashed the Hang Seng Index by 100 points, falling from 23,300 to 23,200.

"Great, keep falling!" Wang Guanxi was overjoyed. The account profit of 100 points was HK$50 million, and the account net value was HK$250 million, which was much faster than making money by stocks.

However, not long after, a trader at DBS Bank in Singapore bought 100,000 lots and directly pulled the Hang Seng Index from 23,200 to 120 points, and the Hang Seng Index rushed to 23,320.

Wang Guanxi was very sorry, for fear that the Hang Seng Index would rise by 180 points and his account would be in full swing.

He became cautious and looked at the disk, not daring to relax for a moment.

And he cursed the bastard who bought a lot in his heart.

Soon the Hang Seng Index was shorted again, falling 70 points and falling to 23250.

But after a while, it rose to 23300.

Next, the Hang Seng Index fluctuated in the 50-point range of 23250 to 23300, and the bulls and bears fought hard.

If the short sellers do not have some advantages, the floating profit in Wang Guanxi's account has been between 0 and 25 million Hong Kong dollars.

Dingyi Financial Company, Li Guangyu mobilized 200 million yuan this time, and used 10 times leverage to buy 1,000 lots of the Hang Seng Index.

"Is that what? This time I have collected 150 million yuan to go long on the Hang Seng Index. I must make back the money I lost in China Resources Beer."

He had lost several hundred million yuan in China Resources Beer before, which was awful. Last night, he talked to Wu Zhanhai and others about the future market trend chart. He felt that the Hang Seng Index would continue to rise. He could briefly make a wave of the Hang Seng Index and retreat if he earned 2,000 points. One point is 50,000, and 2,000 points is 100 million.

Xizheng International Securities and Guan Wenwei mobilized 400 million yuan, used 10 times leverage to buy 2,000 lots of the Hang Seng Index. Like Li Guangyu, he also expected to make 2,000 points and then retreat.

One point is 100,000, and two thousand points is 2000 million.

Nanhua Securities and Wu Hongsheng mobilized 600 million yuan of funds and used 10 times leverage to buy 3,000 lots of the Hang Seng Index. It is also expected to make 2,000 points, one point is 150,000, and 2,000 points is 300 million.

The leverage they use is normal, just 10 times. It takes HK$100,000 to make a first-hand Hang Seng Index. Unlike Wang Guanxi, who applied for 100 times Hong Kong dollars, it only takes 10,000 to make a first-hand Hang Seng Index.

Wang Guanxi can short the Hang Seng Index with 100 times leverage.
To be continued...