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83 Shorting the Penguin Group and waiting for the wool of Fortis Group

At this moment, Wang Guanxi is collecting information about listed companies.

Previously, Penguin Group's stocks made HK$53.6 million, and its funds have accumulated to HK$96.6 million.

However, now his funds are getting bigger and bigger. The impact of investing in a stock is also very great. It requires listed companies with super high market value and large trading volume.

At this time, three messages suddenly appeared, and Wang Guanxi's eyes lit up.

[346 funds lost nearly 647.5 billion yuan in the first quarter]

[Huaxia Shenhua was sold by institutional shareholders 155.6 million h shares]

[Futis Group (fortis) lost $4 billion in US stocks before, and lost another 3 billion euros in stocks. The stock price once again hit a new historical low and announced a reduction in holdings in Asian assets]

Fortis Group is an international financial services group active in the world's insurance, banking and investment fields. It is one of the largest financial institutions in Europe. Its stock price plummeted to a historical low due to the bankruptcy of the fund joint venture with Bear Stearns Bank. This time, it was reported that it lost another 3 billion euros in stocks. It intends to reduce its holdings of Asian assets, and most of it should be the reduction of holdings of Hong Kong assets.

[Ping An Fund buys the bottom of Fortis Group's loss has expanded from 700 million euros to 1 billion euros]

Ping An Fund was simply cheated to death by Fortune Group.

On April 4, Fortune Group revealed that it lost $4 billion in US stocks, and its stock price plummeted to a historical low. Ping An Fund lost 700 million euros because of buying at the bottom. Unexpectedly, more than a month later, Fortune Group lost another huge loss of 3 billion euros in stocks, and its stock price hit a new historical low again, while Ping An Fund lost 1 billion euros.

This is simply one after another.

This Bear Stearn Bank cheated Fortune Group, and Fortune Group has implicated Ping An Fund. Maybe Ping An Fund will also implicate fund companies in mainland China.

This Fortis Group intends to reduce its holdings in Asian assets and should sell out many listed companies' stocks.

Wang Guanxi feels that the opportunity to make money quickly has come.

It seems that Penguin Group's stock has also been sold out because many fund companies are now short of cash and like to cash out Penguin Group's stock.

Because Penguin Group has a large market value and large transaction volume, it is convenient to cash out.

Fortis Group seems to have recently sold billions of Penguin stocks.

"If I short Penguin Group's stock in advance and then Fortis Group sells billions, wouldn't I just take the ride?"

Thinking of this, Wang Guanxi felt happy.

Fortune Group sells Penguin Group's stock, so he can fuck it.

Today, Penguin Group's stock has been vibrating between 68.00 and 74.00. Wang Guanxi plans to short Penguin Group's stock in the short term.

Do it as soon as you say it.

Wang Guanxi took a taxi to Yongheng Securities Company.

When shorting Penguin Group's stocks, you can't just short them, you still need to borrow from brokers.

Although Penguin Group's stocks are open for options trading, Wang Guanxi does not want to trade them with options.

In the manager's office, Wang Guanxi drank a cup of tea and said, "Mr. Feng, I plan to short the Penguin Group stocks. Please help me borrow some of the Penguin Group stocks."

"Mr. Wang, how much do you want?" Feng Shaokun was very curious.

Wang Guanxi used to be long for Penguin Group's stocks and made more than 50 million yuan. She hasn't closed her position for two days, so she came to short the Penguin Group's stocks?

This, this, this transformation is too fast, right?

Moreover, Penguin Group's stock price is very strong, and many institutions are buying it. It is really unwise for Wang Guanxi to short it!

Especially for mainland giant companies like Penguin Group, their stock prices will definitely rise in the future.

Wang Guanxi put down the teacup and said, "I plan to short Penguin Group in the short term, not long term."

"Oh, okay, I'll make a few calls." Feng Shaokun quickly called.

Brokerage companies like to borrow stocks to short sellers because this can charge high interest rates. The longer the short seller, the higher the interest rates.

If the stock price rises, it not only increases the value, but also charges interest all the time, most of which are wins by sloppy.

Many brokerages heard that some people planned to short Penguin Group's stocks, and they all said they wanted to borrow stocks for Wang Guanxi to short. Even Wu Zhanhai of Yonglong Securities Company took the initiative to borrow Penguin Group's stocks for Wang Guanxi, and claimed that they would give Wang Guanxi the best interest. However, Yonglong Securities Company did not have many Penguin Group's stocks, which was not enough for Wang Guanxi to need.

Then Feng Shaokun called Catal Auto Insurance, but the other party didn't think about it and agreed directly.

Still not enough stocks that Wang Guanxi needs.

I continued to fight to the Asian Financial Company, and the other party agreed, but it was not enough.

After all, these companies only hold a small number of Penguin Group stocks.

So Feng Shaokun directly bought Ping An Fund, which held many Penguin Group stocks, which were satisfied at one time.

Sure enough, the big boss's company is different.

Finally got the stocks that Wang Guanxi needed.

Winglong Securities Company, Catal Auto Insurance, Asia Financial Holding Company, Ping An Fund, has borrowed a total of 1.34 million shares to Wang Guanxi, currently worth HK$96.6 million.

"Mr. Feng, thank you," Wang Guanxi said with a smile.

"You're welcome, it's up to you, all four of their companies are rushing to collect interest from you." Feng Shaokun said with a smile: "Be careful, don't be fucked by them jointly."

"Don't worry, it's okay." Wang Guanxi was very confident.

What are he afraid of if a giant financial company like Fortune Group will sell billions of Hong Kong dollars in Penguin Group stocks?

He sold Penguin Group's shares in front of Fortune Group in advance, and then bought them back at a low price, and returned them to Yonglong Securities Company Ping An Fund.

The next day, the stock market opened.

Seeing that Penguin Group's stock price rose sharply, it quickly surged from 70.00 yuan per share to 74.00 yuan per share, Wang Guanxi sold the stock without saying a word, which means shorting.

100,000 shares!

100,000 shares!

200,000 shares!

300,000 shares!

300,000 shares!

···

Penguin Group's stock price was directly smashed by Wang Guanxi, and it quickly fell from 74.00 to 70.00!

Soon Penguin Group's stock price was pulled up again and rushed to the 73.00 position.

Wang Guanxi's average position is 72.00, and he temporarily lost 1.34 million Hong Kong dollars.

He didn't expect there were so many buying orders in the market!

He sold out the shares of Penguin Group worth nearly HK$100 million, but was soon eaten up by other institutions.

It seems that Penguin Group's stock is even more sought after by investors than he imagined!

"It's time for Fortis Group to sell Penguin Group's shares?"

Wang Guanxi was anxiously waiting, waiting to get the wool from Fortune Group. As a result, Penguin Group's stock price rose by one yuan and rushed to the 74.00 position. Wang Guanxi lost 2.68 million Hong Kong dollars.
Chapter completed!
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