Amid Wang Guanxi's expectations, half an hour later, the share price of China Resources Beer reached 30.00 yuan per share, setting a record high.

The market value is nearly HK$50 billion.

"It finally reached HK$30 per share, and you can short it."

After thinking about it, Wang Guanxi called Feng Shaokun.

It was connected soon.

Wang Guanxi said, "Brother Feng, please help me borrow some China Resources Beer stocks, I plan to short it."

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

Wang Guanxi thought about it and spoke: "It's enough to have a stock worth 180 million."

Now he still has HK$187 million in his stock account, so he tries to borrow HK$180 million worth of China Resources Beer Group shares.

Feng Shaokun was shocked: "Wow, so many, I will try my best to lend it to you, wait for my news."

"Okay, I'm in trouble, Brother Feng," Wang Guanxi said with a smile.

"Well, everyone has been working together for so long, I'll call now," said Feng Shaokun.

When shorting, you cannot be short. You have to borrow stocks, sell them first, and then buy them back. As a middleman, they can get commissions and handling fees.

Everyone has cooperated so many times. To be honest, there are not many short investors, but those short investors often lose money. In Wang Guanxi, he witnessed what a real short seller is!

End the call.

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

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

But it soon rushed up again until the 29.00 position, which was just the close of the morning market.

At this time, Feng Shaokun's phone call came.

He borrowed shares of China Resources Beer Group for Wang Guanxi, totaling 5 million shares.

Wang Guanxi then came to Yongheng Securities Company.

Feng Shaokun: "Just borrow 5 million shares"

Wang Guanxi asked: "Which financial company borrowed it?"

Feng Shaokun: "Yonglong Securities 1 million shares, Yonglong Insurance 4 million shares"

Wang Guanxi: "Winglong Securities and Yonglong Insurance are both owned by Wu Zhanhai?"

Feng Shaokun explained: "Yonglong Securities belongs to Wu Zhanhai, and Yonglong Insurance belongs to his cousin Wu Zhankun."

"Oh, so that's it." Wang Guanxi also knew that Wing Lung Bank was acquired by China Merchants Bank in the mainland, and acquired 53.1% of the shares of Wing Lung Bank from the Wu family for HK$19.3 billion, and then renamed Wing Lung Bank to China Merchants Bank Wing Lung Bank.

Yonglong Securities and Yonglong Insurance are both subsidiaries of China Merchants Bank Yonglong Bank. However, Wu Zhanhai and Wu Zhankun spent money to buy shares of Yonglong Securities and Yonglong Insurance in the hands of China Merchants Bank Yonglong Bank.

At this time, Feng Shaokun thought for a while and said, "Guanxi, do you really plan to short 5 million shares of China Resources Beer? This company's profits have been very stable for decades, and the stock price you see is very strong."

After thinking about it, he continued: "Although its stock price is very high, short selling is very dangerous."

"A good friend of mine thinks its stock price is too high, and the industry is a bit depressed this year, so I shorted its stock and now I'm losing a lot of money."

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

Wang Guanxi asked: "Where is he shorting 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 some financial companies have already shorted China Resources Beer Group, Wang Guanxi: "Okay"

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

There is still HK$150 million left in the No. 1 Fund’s stock account.

After the opening of the afternoon market.

Wang Guanxi began to short the stock of China Resources Beer Group.

100,000 shares!

100,000 shares!

···

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

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

Vice President Jiang Quanjiang shouted: "Don't stop continuing to increase holdings of China Resources Beer."

Before, they sold out BYD Electronics' stocks and then started buying stocks of China Resources Beer, that is, stock exchanges.

They have recently sold out many listed companies' stocks, obtained a lot of cash, and then bought stocks of other optimistic 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 position building position at 30.00, and a temporary floating loss of 5 million Hong Kong dollars.

Feng Shaokun, who was standing by, sighed: "This stock price is really strong. You shorted 5 million shares, worth 150 million, but the stock price has risen to 31.00."

Wang Guanxi smiled and said, "There is no way, there is a lot of money to buy it."

Indeed, HSBC International Trust continues to buy.

··

At this moment, Dingyi Financial Company, Chairman's Office, and Li Guangyu were sweating coldly behind him.

Dingyi Financial Company suffered a fall this time.

I shorted 20 million shares, and the stock of China Resources Beer Group was built at 20.00. Now I lose 11 Hong Kong dollars per share, and a total of HK$220 million.

It's a terrible loss.

The stock is about to be liquidated.

"Damn it, stop rising!"

Li Guangyu stared at the plate.

But the stock price is still rising and finally reached the 32.00 position, and his account is in full swing.

20 million short orders were forcibly closed by securities companies!

Close the short order of 20 million shares is equivalent to buying 20 million shares in the market!

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

It rose until the close before closing.

The stock price closed at 36.00.

Li Guangyu's company lost HK$280 million this time.

Li Guangyu's face was pale, his heart was as if he was storming, and he smashed the computer keyboard to the ground!

Bang!

"Damn it!"

"Grass!"

··

At this moment, Wang Guanxi, Wang Guanxi, sighed. Unexpectedly, he had just shorted and the stock price reached 36.00.

There is a lot of money in the account. One share loses HK$6, and 5 million shares means a floating loss of HK$30 million.

Fortunately, it's within the acceptance range.

Feng Shaokun said: "If I did not make a mistake, my friend Li Guangyu's Dingyi Financial Company must have been demolished."

Li Guangyu said before that when the stock price reaches 32.00, the account will be in liquidated. Unexpectedly, a new round of rise began when the stock price hits 32.00. It was obviously caused by Li Guangyu's liquidated position.

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

Wang Guanxi was determined and believed without doubt. He was unshakable, not afraid, and said without fear: "Although I am a retail investor, I am ambition to cut the dealer!"

"I won't close my position, I will do it to the end!"

Feng Shaokun was shocked when he heard Wang Guanxi's words and instantly knelt down for Wang Guanxi.

Retail investors cut the dealer?

Or a super big dealer?

Can you do it?

Sce!
Chapter completed!