About two days

Lin Fan discovered that Penguin stock had attracted a new low price

It is also the lowest price in the past few months, the price is 300 Hong Kong dollars per share!

This is indeed the lowest point!

In the past two days, many people who bought Penguin stocks at the bottom and waited for Penguin stocks to rise have suffered huge losses.

No one expected that the Penguin stock price fell so seriously in the past two days, and it fell to the limit several times in a row.

Many people chase the rise and buy at high prices. Many people buy basically at 320-330 Hong Kong dollars.

However, as a result, several days of continuous decline caused serious losses in their account funds.

They were directly trapped, especially some big bosses from foundation studios, and their funds were trapped.

If you can’t get out of the trap, you can only continue to hold it!

But the more you hold it, the more penguin stock will fall.

Looking at all this, Lin Fan sighed. He really didn’t expect that Penguin stock would fall so violently.

“It seems that the decline is more severe than I thought. Although I don’t know why, but”

“This wave of decline, reaching the bottom, is the best for me!”

As long as he grasps the final price at the bottom, he can directly enter the market and acquire shares of Penguin stock.

If you acquire more than 10% of the total stock and own 10% of the shares, you can directly enter the Penguin Group.

Become a shareholder and get the right to vote!

If you can reach more than 30% of the shares, you can even get the right to compete for the chairman of the board.

Of course, it is very difficult to acquire 30% and requires a lot of funds.

Even if he spent all his funds, it would be difficult to acquire it, so he still set the target at around 10%!

And taking advantage of the fact that Penguin stock bottomed out for the first time today, 300 yuan continued to fall.

The lowest price today is 280 yuan!

He plans to directly acquire a large number of stocks after 280 yuan, just waiting for this 280 yuan to appear.

Of course, it is now 300 yuan and will continue to fall. He plans to chase the fall and go short.

Use the funds in hand to place orders and use the above tens of billions of Hong Kong dollars as operating funds!

The money from the personal trust institution has already been received, plus the money earned in the past few days

The funds he can operate now are around 13 billion Hong Kong dollars. If this terrifying figure is put into the market, it will definitely cause a lot of panic.

A short selling order of 13 billion Hong Kong dollars appeared out of thin air, which will inevitably make some people smell something.

…………

Standard Chartered Bank of Hong Kong, broker responsible for Hong Kong stock trading

Mr. Li is mainly responsible for the financial operations of Standard Chartered Bank, fulfilling the requirements of some of Standard Chartered Bank’s investment customers and completing the income and profitability

Only in this way can we stabilize the strength of Standard Chartered Bank and help Standard Chartered Bank make profits!

He mainly trades Hong Kong stocks, and the general return rate is around 20%!

But now, this time, he misjudged a stock. Penguin stock, which had been very stable, changed in less than a week.

It fell by more than 30%!

The highest level has reached a 40% drop. This drop is too severe.

A lot of his funds were trapped, up to tens of billions of Hong Kong dollars, all of which were trapped, and his losses reached billions of Hong Kong dollars!

It is really difficult for him to explain to his superiors. He can never tell his clients that he has lost 30% of his capital and lost 30% of his principal.

Those customers may be able to surround Standard Chartered Bank.

Mr. Li was under great pressure. Seeing that Penguin

(Read more novels by visiting our website: Knights Novel) stock continued to fall today, he was considering whether to stop loss and sell.

There is news from one of my subordinates that someone is placing orders worth tens of billions of Hong Kong dollars at the price of 300 Hong Kong dollars.

All short Penguin stocks!

“Mr. Li, someone suddenly placed multiple orders to buy Penguin stocks, which were falling, and they were short-selling them!”

“Should we eat up all his orders?”

After hearing what his men said, Mr. Li gritted his teeth and cursed loudly.

“Eat it now, what if you lose money? If this stock suddenly falls, can you guarantee that it will rise later?”

If it was normal, he would have eaten it long ago

But now, it has been falling for 2 consecutive days, and I have lost more than 30% of my funds.

The emergence of a large amount of Hong Kong dollars and direct short selling made him inevitably speculate that this was a trap.

From the beginning, someone deliberately lowered Penguin stock!

It trapped a lot of people’s funds, and then caused Penguin stock to continue to fall.

If it falls below 50%, some accounts will be forced to liquidate their positions and lose more than 50% of their funds!

In fact, many big bosses have played this kind of gameplay. Of course, they only played small stocks.

Not many people dare to play in such big stocks as Penguin Group’s big stocks.

But now, he has to consider various consequences

His face changed uncertainly. He thought for a while before making a decision.

“No, I’m afraid someone will continue to fall. If it falls to 50%, all our accounts will be forced to close!”

“By then, all funds will have lost more than 50%, which is even worse than the current 30%!”

It is impossible to avoid forced liquidation unless the stock institution conducts illegal operations.

Cancel forced liquidation, but that would be too risky

All the funds of more than 20 billion Hong Kong dollars have been lost, and they will all go to jail!

Therefore, Mr. Li can only close his position now to avoid forced liquidation.

“Sell them all to me, no matter how much, sell them all!”

He waved his hand and had people sell it directly. The total value of Penguin stocks was 20 billion Hong Kong dollars.

If you force it to be sold now, it won’t be sold at the price of 300 Hong Kong dollars.

Because they bought too many stocks and sold them for 300 Hong Kong dollars, but not many people took over.

If no one is willing to buy it, it won’t sell for much!

In this case, you can only sell it by lowering the price. Therefore, if you sell it for 300 yuan, then lower the price to 299 yuan and sell it.

If you can’t sell it for 299 yuan, then sell it for 298 yuan, and the price keeps dropping!

Because they hold too many shares

This led to continuous selling and continuous lowering of prices. This time, they directly led to a large decline in Penguin shares.

The market is also in constant panic!

Because a large number of Penguin stocks were sold at lower prices, many people lost assets, and many people sold along with them.

In just less than an hour,

Penguin stocks, which are shares worth HK$100 billion, were all sold.

Lin Fan probably didn’t expect this. He didn’t expect that he just shorted an order of 13 billion Hong Kong dollars.

But now, 100 billion Hong Kong dollars of shares have emerged!

100 billion Hong Kong dollars worth of shares were sold, and the Penguin stock price dropped to about 280 Hong Kong dollars!

And it dropped by 280 yuan to 275 yuan!

This is definitely the lowest point. Seeing this lowest point appear, Lin Fan’s eyes lit up.

He took out his own personal assets and did not use funds from trust institutions for operations.

He used his own personal funds to spend 5 billion Hong Kong dollars to acquire a large number of Penguin stocks worth 275 yuan.

Part of the 275 yuan pending order, buy all!


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