Rebirth of the Financial Crisis Sweeping the World

Chapter 135 135 Although I am a retail investor, I am determined to be a banker!

In Wang Guanxi's expectation, half an hour later, the share price of China Resources Beer rushed to 30.00 yuan per share, a record high.

The market value is nearly 50 billion Hong Kong dollars.

Finally rushed to 30 Hong Kong dollars per share, you can go short.

After thinking about it, Wang Guanxi called Feng Shaokun.

Connected quickly.

Wang Guanxi said: Brother Feng, help me borrow some shares of China Resources Beer, I plan to short it.

Feng Shaokun asked: No problem, how many shares do you want?

Wang Guanxi thought for a while and said: Stocks worth 180 million will do.

Now he still has 187 million Hong Kong dollars in his stock account, trying to borrow 180 million Hong Kong dollars worth of China Resources Beer Group shares.

Feng Shaokun was surprised: Wow, there are so many, I will try my best to borrow them for you, wait for my news

Okay, I'm sorry, Brother Feng, Wang Guanxi said with a smile.

You are welcome, everyone has been working together for so long, I will call now, Feng Shaokun said.

Shorting can’t be naked shorting. You have to borrow stocks, sell them first, and then buy them back. As a middleman, Wing Hang Securities can get commissions and handling fees.

Everyone has cooperated so many times. To be honest, there are not no investors who are usually short, but those investors often lose money. In Wang Guanxi, he has witnessed what a real short is!

End the call.

Wang Guanxi continued to observe the stock price chart of China Resources Beer.

An hour later, the stock price fell, and quickly fell back from the high of 30.00 to the 27.00 position.

But it quickly rushed up again, until the 29.00 position, which happened to close in the morning.

At this time, Feng Shaokun's call came.

Borrowed shares of China Resources Beer Group for Wang Guanxi, a total of 5 million shares.

Wang Guanxi then came to Wing Hang Securities Company.

Feng Shaokun: Just borrowed 5 million shares

Wang Guanxi asked, Which financial company borrowed it?

Feng Shaokun: Wing Lung Securities 1 million shares, Wing Lung Insurance 4 million shares

Wang Guanxi: Wing Lung Securities and Wing Lung Insurance belong to Wu Zhanhai?

Feng Shaokun explained: Wing Lung Securities belongs to Wu Zhanhai.

And Wing Lung Insurance's cousin Wu Zhankun's

Oh, that's how it is. Wang Guanxi also knew that Wing Lung Bank was acquired by China Merchants Bank in the Mainland. He bought 53.1% of Wing Lung Bank's shares from the Wu family for HK$19.3 billion, and then changed Wing Lung Bank's name to China Merchants Bank Wing Lung Bank.

Wing Lung Securities and Wing Lung Insurance are both subsidiaries of China Merchants Bank Wing Lung Bank, but the Wu family Wu Zhanhai and Wu Zhankun spent money to buy the shares of Wing Lung Securities and Wing Lung Insurance held by China Merchants Bank Wing Lung Bank.

At this time, Feng Shaokun thought for a while and said, Guanxi, are you really planning to short 5 million shares of China Resources Beer? The profit of this company has been very stable for decades, and its stock price is very strong.

After thinking for a while, he continued: Although its stock price is very high, it is very dangerous to short it.

A financial company of a good friend of mine thinks its stock price is too high, and the industry is a bit depressed this year, so it shorted its stock, and now it has lost a lot of money.

His good friend is Li Guangyu, the chairman of Dingyi Financial Company.

Wang Guanxi asked: Where did he short China Resources Beer?

Feng Shaokun smiled: Sorry, I won't tell you this.

But his company lost a lot of money

It turns out that a financial company has long been shorting China Resources Beer Group. Wang Guanxi: Okay.

Then Wang Guanxi transferred HK$37 million from Fund No. 1 to Fund No. 2.

Fund No. 1 still has HK$150 million left in its stock account.

In the afternoon, after the market opens.

Wang Guanxi began shorting the shares of China Resources Beer Group.

100,000 shares!

100,000 shares!

···

But the share price of China Resources Beer is still rising, because HSBC International Trust Company is buying.

The stock price has been rising to the 30.00 position, reaching the highest point of this year again.

Vice President Jiang Quanjiang shouted: Continue to increase the holdings of China Resources Beer and don't stop

They sold out the shares of BYD Electronics before, and then began to buy the shares of China Resources Beer, that is, exchange shares.

They recently sold a lot of stocks of listed companies, got a lot of cash, and then bought the stocks of other promising listed companies.

Yes, Mr. Jiang

Traders continue to buy.

200,000 shares!

200,000 shares!

··

Wang Guanxi is also constantly shorting,

100,000 shares!

100,000 shares!

···

The stock price continued to rise and rushed to the 31.00 position.

Wang Guanxi shorted 5 million shares, with an average opening position of 30.00, and a temporary floating loss of 5 million Hong Kong dollars.

Feng Shaokun on the side sighed: The stock price is really strong. You have shorted 5 million shares, worth 150 million shares, but the stock price has risen to 31.00.

Wang Guanxi smiled and said: No way, there are big funds buying.

Indeed, HSBC International Trustee continued to buy.

··

At this moment, Dingyi Financial Company, the chairman's office, and Li Guangyu's back were all sweating.

Dingyi Financial Company stumbled this time.

I shorted 20 million shares of China Resources Beer Group's stock at 20.00, and now I lost HK$11 per share, with a total floating loss of HK$220 million.

What a disaster.

It's about to blow up.

Damn it, don't go up!

Li Guangyu stared at the board.

But the stock price was still rising, and finally rushed to the 32.00 position, and his account was liquidated.

The short position of 20 million shares was forcibly liquidated by the securities company!

20 million short positions are closed, which is equivalent to buying 20 million shares in the market!

The stock price has been rising all the way. After all, the 20 million shares are not liquidated at one time, but in batches.

It has been rising until the close, before it is flat.

The stock price closed at 36.00.

And Li Guangyu's company lost 280 million Hong Kong dollars this time.

Li Guangyu's face was extremely pale, and his heart was like a knife, and he smashed the computer keyboard to the ground!

boom!

damn it!

Grass!

··

At this moment, Wang Guanxi of Wing Hang Securities Co., Ltd. was also sighing. He didn't expect that the stock price would reach 36.00 just now when he was short.

There is a lot of floating loss in the account, a loss of 6 Hong Kong dollars for one share, and a floating loss of 30 million Hong Kong dollars for 5 million shares.

But fortunately, within the acceptable range.

Feng Shaokun said, If I'm not wrong, my friend Li Guangyu's Dingyi Financial Company must have been liquidated.

Li Guangyu said before that when the stock price reached 32.00, the account would be liquidated. Unexpectedly, when the stock price reached 32.00, a new round of rise began, which was obviously caused by Li Guangyu's liquidation.

Then he continued: This HSBC International Trust Company is increasing its holdings of China Resources Beer. Small retail investors and small institutions have been cut off, or their positions have been liquidated.

Wang Guanxi was firm in his will and firmly believed in it. He said unwaveringly, without fear, and without dread: Although I am a retail investor, I am determined to be a banker!

I will not close the position, I will do it to the end!

Hearing Wang Guanxi's words, Feng Shaokun's heart was shocked, and he knelt down to Wang Guanxi in an instant.

Retail investors cut dealers?

Or a super big dealer?

Are you okay?

Siss!

Can't imagine.