Rebirth of the Financial Crisis Sweeping the World

Chapter 130: 130 Quickly close the position and make a net profit of 47 million!

The next day, Monday, June 23.

Wang Guanxi got up very early.

Now he seems to be in a hurry to make money. He is really short of money. If someone invests in the most difficult Jingdong Group this year before him, and he invests in Jingdong Group afterwards, he will have to spend more money. .

Maybe, after Jingdong got the financing, it overcame the difficulties. After the Spring Festival of 2008, the valuation may soon return to more than 500 million US dollars.

But the stock market has not yet opened.

After breakfast, I watched the news.

After a while, the stock market finally opened.

The opening position was at 2.95.

A few minutes later, it rose to the 3.00 position.

At present, Wang Guanxi is shorting 23 million shares of BYD Electronics Group, and the opening position is at 5.00, earning 2 yuan per share, with a temporary profit of 46 million Hong Kong dollars.

He intends to start closing positions when the stock price falls to 2.00.

Get out early and go short the stocks of other listed companies to make quick money.

Because the stock of BYD Electronics will remain low for a long time, Wang Guanxi will not spend so much time on it.

At this moment, US Fidelity Investment Group (FMR), Hong Kong branch, Si Xiuliang ordered: Continue to increase the holdings of BYD Electronics and sell Penguin Group

Yes, President

Time flies, and the stock price rises to the 4.00 position.

Profits are decreasing, Wang Guanxi has no choice but to watch helplessly.

Finally, BYD Auto Group made a move, cashing out the shares of BYD Shanzi Group again.

The stock price turned around and fell again.

It fell to the 3.50 position.

Then it fell to the 3.00 position again.

BYD Auto Group, Hong Kong Branch, She Wenju: Temporarily Stop Cashing Out

And American Fidelity Investment Group, Si Xiuliang: Increase holdings

Then several traders started to buy in large sums, and this time they directly raised the stock price from 3.00 to 4.85.

At this moment, the profit loss in Wang Guanxi's account is miserable, but there is no other way, as long as he continues to wait.

This American Fidelity Investment Group is still increasing its holdings of stocks, what a shame!

Si Xiuliang: Stop increasing holdings in the market,

Let BYD Auto Group sell off, fall to the 2.00 position and increase its holdings again”

He naturally already knew that BYD Auto Group was cashing out BYD Electronics' shares in exchange for cash, which was just right, allowing him to buy more stocks at a low price, since they were making long-term investments anyway.

As for BYD Auto Group, She Wenju: The US Fidelity Investment Group has pulled up the stock price and continues to sell

At this time, BYD Auto Group started a new round of selling, while the US Fidelity Investment Group did not increase its holdings.

The stock price fell all the way, from the position of 4.85 to the position of 2.50.

A record low.

Wang Guanxi was overjoyed.

There are so many selling orders in the market, so I have to close the position.

He quickly started to close his position, which was equivalent to buying in the market.

He didn't want to wait any longer.

1 million shares!

1 million shares!

···

The stock price turned around and rose visible to the naked eye, and quickly rushed from the 2.50 position to the 3.50 position.

Wang Guanxi quickly stopped closing the position.

Si Xiuliang's eyes froze for a moment, unexpectedly, funds entered the market and rushed ahead of them.

It's okay, grab it.

He didn't even bother to pay attention to these small fish grabbing shares. Anyway, the stock price would still be suppressed by BYD Auto Group. He already knew that BYD Auto Group was cashing out the shares of BYD Electronics Group.

Soon the stock price will drop.

Then the stock price slowly fell under the sell-off of BYD Auto Group, from 3.50 to 2.50 again, and Wang Guanxi closed his position again.

1 million shares!

1 million shares!

··

Back and forth, Wang Guanxiping lost 13 million shares, and there were still 10 million short positions in the account that had not been closed.

Continue to wait, BYD Auto Group will definitely continue to sell. As soon as the stock price falls, I will close the position, before the US Fidelity Investment Group increases its holdings!

Thinking of this, Wang Guanxi felt a little proud.

At this moment, BYD Auto Group, She Wenju: Continue to sell

Yes, Mr. Yu. The traders continued to sell stocks, and the stock price fell to 2.50 again. Seeing this, Wang Guanxi continued to close his positions!

This time he leveled very slowly.

200,000 shares!

200,000 shares!

```

Because there were not many selling orders in the market, Wang Guanxi's closing positions made the stock price rise to 3.50, and he quickly stopped closing positions.

Another 5 million shares were liquidated, and there are still 5 million shares in the account that have not been liquidated.

He was looking forward to closing all short orders this morning.

However, some retail investors have entered the market, and the retail investors are buying bottoms with large funds in the future, so they want to come in to get a piece of the action and buy frantically.

Many high-frequency traders from investment banks also entered the market, such as Goldman Sachs, Citibank, Morgan Stanley...

These guys pushed the stock up to 4.00!

Damn it, it actually rose to 4.00. Wang Guanxi's account profit was 5 million Hong Kong dollars less, and he continued to wait for the opportunity to close the position.

Time passed slowly.

At 11:30 in the morning, the stock price fell again.

Ten minutes later, the stock price fell to 2.50 again, and Wang Guanxi was overjoyed.

The opportunity to close positions has finally come

So he started closing positions again.

500,000 shares!

500,000 shares!

··

Raise the stock price to 3.40!

For Wang Guanxi's 23 million short positions, the average closing position was 2.95, earning 47.15 million Hong Kong dollars per share. After deducting interest fees, Wang Guanxi made a net profit of 47 million Hong Kong dollars.

Wang Guanxi had just closed his position. Not long after, a big sell order appeared, and the stock price fell directly to 2.00.

This was done by Zhong Hewu of Golden Dragon Fund. He has been waiting for the stock price to rise above 5.00 before cashing out again, but he has not been able to wait, and this time he does not want to wait.

As one of the major shareholders of BYD Electronics Group, Zhong Hewu is also not optimistic about the auto market in the second half of the year, so it is better to cash out early, and he can still buy it back at a low price in the future.

However, Wu Zhanhai of Wing Lung Securities Company held 7 million shares and suffered heavy losses, with a floating loss of nearly 45 million Hong Kong dollars in his account.

Oh, this damn BYD Electronics, it really screwed me up

Although he is one of the heirs of the Wu family, if he does not perform well, he will not be able to inherit the family.

Many investments have failed recently, which really makes him disheartened.

As for Guoco Financial Group, Guo Linhai holds 11 million shares of BYD Electronics and 15 million shares of BYD Electronics. The stock prices of both companies have fallen badly recently, and he lost more than Wu Zhanhai.

The floating loss on the book is nearly 150 million Hong Kong dollars.

Hey, this American Fidelity Investment Group is a huge pit, a huge fraud, and said to increase its holdings of BYD Electronics, but BYD Electronics has fallen so much recently

As for the American Fidelity Investment Group, Si Xiuliang's face was a little gloomy, Temporarily stop increasing holdings.

Now they hold a total of 400 million shares in their accounts, with a floating loss of 1.6 billion Hong Kong dollars. Although it is a long-term investment, such a floating loss is indeed a bit much.

Soon the morning market closed.

Wang Guanxi looked at the net value of the account as high as 187 million Hong Kong dollars, and smiled with satisfaction on his face. At this time, the phone kept ringing.