When he went back tonight, Wang Guanxi was very happy.

Wang Yongyi's Xiansixing Electronics Group has a market value of at least HK$4 billion in the future. Even if he raises funds multiple times in the middle and his shares are diluted to 25%, he can still obtain shares worth nearly HK$1 billion.

HK$4.5 million in exchange for a return of HK$1 billion, this investment is great.

After taking a shower at home, Wang Guanxi was lying on the bed but still couldn't sleep.

Then he browsed the stocks of various listed companies.

Soon he discovered a listed company, a car company under the mainland giant Hengda Group, Hengda Automobile Group (empty frame).

Currently, the share price of Hengda Automobile Group is HK$1.00 per share, or is rising, with a total share capital of 8.8 billion, and its current market value is HK$8.8 billion!

Wang Guanxi knew clearly that Hengda Auto's stock price would soon fall. In November 2008, Hengda Auto Group's stock price fell to HK$0.10 per share, and its market value shrank from HK$8.8 billion to HK$880 million, falling to the lowest.

Of course, Wang Guanxi will not wait until November, he will make quick money, and the time to short sells ranges from a few days to two weeks.

After looking at Hengda Auto's information again, he murmured: "This Hengda Auto will be able to buy at the bottom in the future."

After Hengda Auto's stock price fell to 0.1 yuan per share in November 2008, it was sluggish for a long time, but in the future, its stock price surged to several dozen Hong Kong dollars per share, with a market value of up to HK$250 billion.

But that is a distant future. Wang Guanxi will not be long now. In 14 years, he can try to buy at the bottom and hold it for a long time.

He remembered that Hengda Auto started taking off in 2014.

It's only 2008, and there are still 6 years left.

"Now Hengda Auto's stock price is HK$1.00 per share, and my capital volume is 33 million. Although it may still rise, now is a good time to short."

If it reaches its highest level, there will be very few buying orders in the market at that time and he will not be able to eat much buying orders. Therefore, it is best to short when Hengda Auto's stock price is strong, because the trading volume is particularly large at this time and there are many buying orders in the market, which can allow Wang Guanxi to eat these buying orders.

He immediately decided to short Hengda Automobile starting tomorrow!

But short, you can't be naked.

There are usually two ways to short.

First, you need to borrow stocks from brokers to short. The Yongheng Securities Company where Wang Guanxi is located may not have as many Hengda Auto stocks to lend him.

Second, you can also short stock margin trading. The problem is that Hengda Auto has not launched short margin trading. Simply put, it is not supported to short margin trading.

If you want to buy Penguin Group’s stocks, you can support short selling!

Hengda Auto’s stock does not support short selling!

So if Wang Guanxi wants to short, he can only use the first method.

So Wang Guanxi called Feng Shaokun from Yongheng Securities Company overnight.

The phone was connected soon.

"Mr. Wang, what's the matter with calling so late?" Feng Shaokun was taking a shower and planning to go to bed, but he didn't expect to receive a call from Wang Guanxi overnight.

Wang Guanxi said bluntly: "Mr. Feng, I plan to short Hengda Automobile, and I need Hengda Automobile stock worth 33 million."

"33 million?" Feng Shaokun was also stunned on the phone, borrowing Hengda Automobile stocks worth 33 million?

Their Yongheng Securities Company does not have so many Hengda Auto stocks to lend to Wang Guanxi, and they need to borrow them from other brokerages.

"Mr. Wang, our Yongheng Securities does not have that many Hengda Auto stocks, but I can borrow them for you."

Investors borrow stocks from a listed company from a brokerage firm, and then investors start shorting stocks from a listed company, and then return the same amount of stocks within the agreed time.

This short selling method is actually to bet with brokers. The stock price rises and the stocks held by brokers themselves appreciate, making money and commission interest.

If the stock price plummets, the brokerage firm will lose money, and the commissions and interest earned are not enough to offset the losses.

Because it is not allowed to be naked, this model is essentially a bet between investors in stocks!

Wang Guanxi's investment is so powerful, Feng Shaokun dared not let Yongheng Securities Company bet against Wang Guanxi.

Then Feng Shaokun asked again: "Mr. Wang, do you think Hengda Auto's stock price will really plummet in the future?"

Wang Guanxi smiled and said, "Well, I think it will plummet, so I have to short it."

Feng Shaokun: "Okay, I will lend it for you tomorrow, and you will come here at noon."

Their Yongheng Securities Company also holds some Hengda Auto stocks, worth hundreds of thousands of Hong Kong dollars. If Hengda Auto's stock price really plummeted, the shares held by their Yongheng Securities Company will also lose money.

He planned to sell these shares of Yongheng Securities when Wang Guanxi shorted Hengda Auto stocks.

The next day, April 3, Thursday, at noon, Wang Guanxi came to Yongheng Securities Company, signed an agreement, paid commissions, and interest.

Wang Guanxi obtained the stock.

This morning, Hengda Auto's stock price has risen to 1.10 yuan per share, and the rise is quite strong.

It continued to rise when the market opened in the afternoon.

Wang Guanxi sold it wildly!

100,000 shares!

100,000 shares!

200,000 shares!

500,000 shares!

1 million shares!

···

While Wang Guanxi was selling it, Yonglong Securities Company, a subsidiary of Yonglong Bank, was the Securities Department.

Wu Zhanhai, the third generation of the Wu family, shouted: "Buy the stocks of Hengda Automobile for me."

This morning, Yonglong Securities borrowed Hengda Auto's shares to short the customers of Yongheng Securities.

If Hengda Auto's stock price plummets, they will lose money.

Now they continue to increase their holdings in Hengda Auto's stock, against which short-selling client of Yongheng Securities is against.

This time, they not only have to charge interest and commissions, but also have to stabilize Hengda Auto's stock price and even raise it a little.

"Yes, manager!"

So several operators began to buy, eating up all the shares sold by Wang Guanxi, while also pushing the stock price higher.

Time flies.

Hengda Auto’s stock price surged from 1.10 yuan per share to 1.30 yuan per share.

Wu Zhanhai was very satisfied.

Yongheng Securities borrowed the stock of Tianye Liquidation Company last time to short the investors, and this time it borrowed the stock of Hengda Auto, which was also short the investors.

Last time, Tianye Shuai Company suddenly had a large-scale accident, and 600 million yuan of investment was wasted, causing the stock price of Tianye Shuai Company to plummet. Their Yonglong Securities suffered heavy losses and he also lost a lot of money in his own private account.

This time it's different.

It is necessary to waste any short investor to not only make him pay interest all the time, but also to make him lose money in short selling.

···
Chapter completed!