Rebirth of the Financial Crisis Sweeping the World

On the side, Feng Shaokun looked at Wang Guanxi, who was a little impatient, and couldn't help but said, "Mr. Wang, the share price of this Penguin Group is really strong."

Just now, Wang Guanxi sold nearly 100 million shares of Penguin Group, and it was all eaten up at once. The stock price fell first, and then quickly rose back, indicating that the buying in the market is very strong.

He felt that Wang Guanxi was impulsive to short the stock of Penguin Group with a backhand this time, but Wang Guanxi had such a strong record and made so much money before, so he still had confidence in Wang Guanxi.

He felt that even if Wang Guanxi lost money for a while, he would definitely make money in the future.

Wang Guanxi smiled and said, "It's really strong, but it's only temporary. Just wait, it's all up to time."

Feng Shaokun: "Well, yes, it's all up to time.

After thinking for a while, he smiled and said, "This time, Wing Lung Securities, Catalan Auto Insurance, Asia Financial Holdings, and Ping An Fund are all waiting for you."

Wang Guanxi’s shorting of the Penguin Group’s stocks was borrowed from these four financial institutions, which means that Wang Guanxi was gambling with these four financial institutions at the same time. Wang Guanxi lost money, and they made money, and at the same time they also charged Wang Guanxi’s interest.

This is worth nearly 100 million shares, and the daily interest is a lot.

To be honest, shorting a stock is a very dangerous thing, especially shorting the stocks of mainland giants like Penguin Group!

Wang Guanxi smiled and said, "It's good to walk, let's see who's licking who's wool!"

Fortis, which will soon lose heavily in the subprime mortgage crisis, will sell its assets in Asia to ease the cash shortage problem, and Hong Kong's assets are undoubtedly the best. Fortis holds many shares of Penguin Group, all of which are It's been sold off, and all the stocks worth nearly billions of dollars have been sold off. Can the stock of Penguin Group not fall?

At that time, he will not only want to make money from Fortis Group, but also make the four financial institutions that want to make money lose money on their books.

Feng Shaokun was surprised when he looked at such a confident Wang Guanxi. He didn't know where Wang Guanxi's confidence came from, but he didn't understand the world of genius.

Then he said: "Mr. Wang, our Wing Hang Securities Company also holds shares of Penguin Group worth more than 8 million Hong Kong dollars. I also plan to sell them. I wish you a helping hand."

Their Wing Hang Securities Company owns about 120,000 shares of Penguin Group, because the share price of Penguin Group rose from 32.00 to 74.00 today, and these 120,000 shares are already worth 8.88 million Hong Kong dollars.

Since Wang Guanxi is not optimistic about the stocks of Penguin Group, he feels that he should also follow Wang Guanxi.

Anyway, I have made a lot of money on the Penguin Group. If you sell it, just sell it and cash in these profits!

Moreover, selling the shares of Penguin Group will also help the stock to fall. Although the 120,000 shares are sold off, it will not cause any waves, but it will also play a role.

Wang Guanxi smiled and said, "Mr. Feng, then believe me?"

"Intuition, because you are an investment genius, although I invest in general, but I see people accurately" Feng Shaokun laughed.

Then Feng Shaokun opened the company account and sold all the 120,000 shares of Penguin Group. The stock price really fell by HK$0.50, from 74.00 to 73.50.

"Oh, it really fell, haha" Feng Shaokun was inexplicably happy.

Wang Guanxi smiled and said, "It really fell."

Then Penguin Group's stock fell 0.5 yuan again to 73.00.

An hour later, the stock of Penguin Group fell again by 1 yuan to 72.00, and Wang Guanxi's account no longer lost money.

"Haha, the Penguin Group's stock is really weak. Oops, fortunately I sold it." Feng Shaokun suddenly laughed happily.

At this time, the morning market was closed, so the two also went to have lunch.

Lunch is very simple, it is sirloin steak.

Feng Shaokun cut a piece of steak and chewed it, then said, "Mr. Wang, there is a small party at night, are you free to go?"

Wang Guanxi asked, "Where are you going to meet?"

Feng Shaokun said with a smile: "In an open-air restaurant, it's just chatting and drinking tea with people in the industry. Maybe someone wants to sell assets."

Wang Guanxi thought for a while: "OK"

Soon in the afternoon, the share price of Penguin Group continued to fall, falling to the 70.00 position.

Wang Guanxi has a floating profit of 2 yuan per share, with a total floating profit of 2.68 million Hong Kong dollars.

Feng Shaokun poured tea and said with a smile, "Mr. Wang, the Penguin Group's stock is going to turn around and fall. You are really right."

"It's just luck." Wang Guanxi smiled and sipped the tea lightly, as if everything was under control.

Now that Fortis Group should start selling the shares of Penguin Group, right?

Time passed quickly, and the stock of Penguin Group fell by 2 yuan again to 68.00, and Wang Guanxi's account had a floating profit of 5.36 million Hong Kong dollars.

The net worth of the account has finally exceeded 100 million!

101.96 million!

Cool!

Wang Guanxi was very excited and excited. He held the teacup in his hand and tried so hard that the tea overflowed.

This Fortis Group must be selling Penguin Group shares in large sums.

Feng Shaokun also congratulated: "Mr. Wang, congratulations to you, the stock of this Penguin Group is afraid that it will fall in the next few days."

"You really are an investment genius!"

There was respect in his eyes.

Soon, the stock of Penguin Group was supported. After oscillating around the 68.00 position for an hour, it began to turn around and rise, rising all the way to the close, and rushed back to the 74.00 position in just 15 minutes.

The profit in Wang Guanxi's account disappeared, but a floating loss of 2.68 million Hong Kong dollars.

Feng Shaokun couldn't help but said: "There is a lot of money coming in at the end of the game!"

"It's okay, just keep waiting." Wang Guanxi still didn't care.

Fortis Group will not sell the shares of Penguin Group today, but it will definitely sell tomorrow and the day after.

In the evening, Wang Guanxi and Feng Shaokun came to an open-air restaurant.

People from many circles come here for tea, coffee, wine tasting, and conversation.

Wu Zhanhai of Wing Hang Securities.

Hao Yumao of Ping An Fund.

Zhang Dexi of Catalan Auto Insurance.

Chen Tianqing of Asia Financial Holdings Group.

The four of them were there, Feng Shaokun and Wang Guanxi also chatted with them, and learned that Wang Guanxi was the investor who shorted the Penguin Group stock, his old rival Wu Zhanhai was surprised: "Mr. Haha, old rival."

"Yeah, an old rival," Wang Guanxi responded with a smile.

And Hao Yumao, Zhang Dexi, and Chen Tianqing didn't pay attention to Wang Guanxi at all, they just thought that Wang Guanxi was just a sheep that they jointly swept away.

Moreover, they are all middle-aged people and there is a generation gap when communicating with young boys, especially Wang Guanxi does not speak much, and everyone just gets to know them briefly.

Out of courtesy, they still gave Wang Guanxi a business card, and Wang Guanxi also accepted it politely.

At this moment, the vice president of investment of Fortis Group's Asian headquarters, Hamilton finished a cup of coffee and instructed his subordinates: "Next Monday, we will start selling the shares of Penguin Group and Sinopec Group."

"Yes, Mr. Hamilton"