Rebirth of the Financial Crisis Sweeping the World

  Chapter 108 108 Shorting BYD Electronics does not close its position

  Wang Guanxi looked at the share price of BYD Electronics Group closing at 11.00, feeling lingering.

   "MD, fortunately I withdrew quickly!"

  This American Fidelity Investment Group is just setting off smoke bombs. It is simply a scam to say that it intends to buy shares of BYD Electronics Group.

However, the smoke bomb still spurred the market, which is very good for Wang Guanxi, because the smoke bombs released by the Fidelity Investment Group in the United States caused the stock price to rise higher, and there was a lot of buying in the market. Yes, let Wang Guanxi come out easily.

  Before, when the stock price rushed to the 15.00 position, he did not hesitate to sell, and the sell-off was also very fast, earning 40 million Hong Kong dollars.

  If you spend a few hours in the evening, it's over, Wang Guanxi may lose money.

  Fortunately, he kept staring at the share price of BYD Electronics Group, and immediately ran away when he felt something was wrong.

  He now has less than 150 million Hong Kong dollars in capital, and the Fidelity Investment Group in the United States is 2 trillion US dollars. If you calculate the current exchange rate between the Hong Kong dollar and the US dollar, it is a terrorist existence of more than 15 trillion Hong Kong dollars.

  15 trillion Hong Kong dollars, what is that concept?

  It spends hundreds of millions of dollars at will. When buying a stock with billions, the stock will rise sharply. If it sells a stock, the stock will fall sharply.

  But it is true that the American Fidelity Investment Group will invest in BYD Electronics Group’s stock.

  But the American Fidelity Investment Group said that investing in BYD Electronics Group is not a one-time purchase of stocks, and it is not stupid. Seeing the stocks keep falling, it will not buy it for the time being.

  But now the Fidelity Investment Group in the United States will still buy it and become a high-level receiver, allowing HSBC International Trust and BYD Auto Group to cash out.

  Thinking of this, Wang Guanxi had already planned to short BYD Electronics Group in his heart.

  But you have to find a good opportunity to enter the market and go short.

  Thinking about it, he rode to Wing Hang Securities Company.

  Feng Shaokun asked curiously: "Guanxi, you only went long in BYD Electronics Group stock yesterday, why did you want to go short today?"

  Wang Guanxi smiled and said: "Intuition, this BYD Electronics Group stock will not last long."

  The American Fidelity Investment Group plans to invest in BYD Electronics Group, but HSBC International Trust wants to cash out BYD Electronics Group’s stock.

  Even BYD Auto Group, the largest shareholder of BYD Electronics Group, wants to cash out some shares of BYD Electronics Group.

  Because of the impact of the subprime mortgage crisis, BYD Auto Group has also been affected, and the cash flow needs to be supplemented.

  In the next six months, BYD Electronics Group’s share price will fall below 200 yuan per share.

  Feng Shaokun thought for a while: "Okay, I'll borrow some stocks for you."

   "By the way, how much do you want?"

  Wang Guanxi said: "The value of 140 million Hong Kong dollars is the best."

  Feng Shaokun was taken aback: "Damn, are you really planning to go short with a full warehouse?"

   "Yeah, if you want to do it, you can do it all. What are you afraid of?" Wang Guanxi smiled and said, "Do you want to be together?"

  Feng Shaokun shook his head quickly: "I dare not, then the American Fidelity Investment Group said that it is optimistic about BYD Electronics Group, and I want to invest in its stocks. I dare not go short."

  He didn’t understand why Wang Guanxi suddenly wanted to short BYD Electronics Group?

  "Guanxi, the largest shareholder of BYD Electronics Group is BYD Automobile Group. This BYD Automobile Group will definitely become a giant in the industry in the future."

   "And BYD Electronics Group will become an industry giant in the future"

  "Is it bad to have BYD Electronics Group stocks for a long time?"

  Wang Guanxi smiled and said, “Of course it’s good, but it’s a future thing. Now I want to short its stock”

  Of course he knows BYD Auto Group, and BYD Electronics Group will become a giant company with super high market value in the future.

  But that is the future, now is the present, and their stock prices are going to fall,

  "Okay, it's up to you, don't blame me for losing money" Soon, Feng Shaokun started calling.

  Wu Zhanhai of Wing Hang Securities has no shares of BYD Electronics Group to borrow.

Zhang Dexi of Catalan Auto Insurance also has no stocks to borrow.

  Chen Tianqing of the Asian Financial Holding Group, nor did he have shares in BYD Auto Group, but Wang Guanxi needed shares in BYD Electronics Group.

Hao Yumao of the Ping An Fund not only owns a large number of BYD Electronics Group stocks, but also a large number of BYD Auto Group stocks. Ask Wang Guanxi if he wants to lend him a preferential interest and pay a deposit.

  However, Wang Guanxi only borrowed shares of BYD Electronics Group.

  Borrowed a lot of shares of BYD Electronics Group from Ping An Fund, a total of 10 million shares.

  10 million shares is 10 million shares.

   Then Wang Guanxi divided the 140 million Hong Kong dollars into two.

  The No. 1 Fund under the Wang Family Foundation (TWFF) holds 100 million Hong Kong dollars,

   Fund No. 2 put 40 million Hong Kong dollars, intends to invest in high-tech companies.

  The next day, June 5th, Thursday.

  In the morning trading, the share price of BYD Electronics Group plummeted, from the 11.00 position to the 8.00 position.

  Wang Guanxi is a little embarrassed. He hopes that the stock price will rise, and then go short at his high position. He did not expect to fall to the 8.00 position.

   "MD, I would have been short when I knew the market opened!"

  At the beginning of the afternoon trading, the American Fidelity Investment Group changed its original strategy, because the stock price has fallen to the 900 position, so Si Xiuliang ordered the trader to start buying. BYD Electronics' stock price rose all the way, rushing from the 8.00 position to the 11.00 position!

  "Good opportunity"

  Wang Guanxi didn’t wait any longer and went short crazy!

  1 million shares!

  1 million shares!

  ··

  The stock price was hit by Wang Guanxi to 9.00!

  A total of 10 million shares were shorted, and the position was opened at 10.00.

  The stock market closes.

  "Sit and wait to make money" Wang Guanxi took a sip of tea, looking forward to it inwardly.

  The next day, June 6, Friday.

  The stock price was frantically pulled up by the American Fidelity Investment Group, from the 9.00 position to the 14.00 position!

  U.S. Fidelity Group used 350 million Hong Kong dollars to sweep goods!

  Wang Guanxi couldn't help taking a breath of cold, and his account actually lost 40 million Hong Kong dollars.

  Feng Shaokun said with a worried look: "Guanxi, what should I do?"

   "It's okay, I will continue to carry it, this stock price will not last long" At this moment, Wang Guanxi's heart is also very empty!

  Feng Shaokun squeezed Wang Guanxi's sweat, and couldn’t help asking, “Keep it to the end?

  "This American Fidelity Investment Group is buying shares of BYD Electronics Group in large sums, and you may be blown up by then."

   "Any increase of 6 Hong Kong dollars, you will be finished."

  Wang Guanxi is also a bit cold sweat, but he believes in his own judgment that this BYD Electronics Group’s stock will definitely not rise.

  15 yuan per share is the highest this year.

  He nodded and said: "Well, I will carry it to the end, I will not close the position, I just won't cut my meat!"

  (End of this chapter)