Lin Fan comforted Reba, but still focused his attention on the Penguin stock that continued to fall.

There have been several consecutive declines, falling below the price of 230 yuan!

This was a much steeper drop than he thought, because the highest price was 370 yuan, just over a week ago.

Then it fell from 370 yuan to 230 yuan, and the price dropped to 140 yuan.

More than 40%, close to 50% drop!

How could this not be cruel enough??

According to today’s lowest point of 230 yuan, Lin Fan planned to buy it directly and continue to hunt for the bottom. Last time, he had purchased a large number of shares.

A lot of funds have been used, and now, he plans to continue to use funds

At the same time, while it is falling, go short and get some capital!

Who wants it? The cash in his hand has been reduced a lot because of the last large-scale acquisition of Penguin stocks.

To supplement the cash on hand, he does not plan to invest all the cash in acquiring Penguin stocks.

There is no need for this and it is such a waste of money!

Penguin stock acquisition is just one of his goals. To achieve this goal, it will cost a certain amount of money.

He also plans to move on to the next goal!

…………

Standard Chartered Bank, Mr. Li lost a lot of money since his last trading failure.

He has been warned by his superiors, and now, Standard Chartered Bank has given him another 10 billion Hong Kong dollars in funds!

To make up for the last loss, a starting rate of return of 30% is needed.

Because, the total assets in his hands now are 15 billion Hong Kong dollars

If it is more than 30%, it will only cost several billion Hong Kong dollars.

The assets have been supplemented to 20 billion Hong Kong dollars. Now when Mr. Li operates

There was someone monitoring his operations, sent by the bank to prevent him from losing more money.

“Li Chao, this time, the superiors will give you a chance to make up for it. You must complete 30% of the profits within a few days.”

“Fill the entire 5 billion funding gap, do you understand?”

Mr. Li nodded, understanding that this was his last chance. If he suffered a loss this time,

He will definitely not be able to keep his current position!

“I know”

The other party asked directly:”Well, as a monitor, I mainly look at your operations. The stop loss rate I give you is 20%”

“What stocks are you planning to start with?”

Mr. Li had noticed a stock a long time ago and said seriously

“Penguin stock has fallen a lot recently. You can short it. It has been falling continuously in the past few days and it has definitely not reached the lowest point yet.”

“Therefore, I plan to go short directly, do a wave of shorts, and get 20-30% of the profits at a time!”

The other party nodded. He was responsible for monitoring, not giving advice, just to prevent the other party from losing too much!

Therefore, he plans to wait for the other party to operate and see the profit before making a decision.

Mr. Li took 15 billion Hong Kong dollars, started with Penguin stocks worth 235 yuan, and began to directly short Penguin stocks.

He believes that Penguin stock has not fallen to the end yet!

Still falling!

In fact, after the market opened tonight, there were many short selling orders on Penguin stock.

Because of the consecutive days of decline, many financial stock traders feel that something is wrong!

It is impossible to make money by buying up, so just buy short directly, short with leverage, and make profits with the decline.

He is not the only one who thinks so, the entire China and several major financial institutions are short-selling Penguin stocks with high leverage!

I plan to aim for less than 200 yuan.

Sell it below 200 yuan in exchange for short leverage gains

At this moment, Standard Chartered Bank started trading

On Lin Fan’s side, Check Penguin’s stock continued to fall, and on the market, there were more short selling orders following him.

He couldn’t help but be funny

“It previously fell by

(Read more novels by visiting our website: Knights Novel) 20%, and a group of people wanted to buy the bottom. Now it has fallen by more than 40%, and a group of people want to go short.”

“Now I am afraid that several large institutions worth hundreds of billions have taken action, pouring hundreds of billions of Hong Kong dollars into short-selling Penguin stocks. These people are really willing to spend money!”

He shook his head with a sigh on his face. He really didn’t expect that Huaxia still has many financial institutions.

There are really not a few rich people. These rich people put their funds in bank investments.

Not to mention the four major banks in China, there are more financial operating funds in Xiangjiang and several banks in Xiangjiang.

They are all involved in financial and stock market trading!

The financial funds of the four major banks are very hidden. They are not as good as the three major banks in Hong Kong. They directly use customers’ money to finance finance.

This is why Xiangjiang’s finance is so developed!

“Looking at the current short-selling orders on the market, the three major banks in Hong Kong contributed 50%, with a starting capital of at least 50 billion.”

“Shorting Penguin stock, unfortunately, this is a large domestic company, and it is impossible to be shorted too much!”

Up to now, it is unprecedented for Penguin stock to fall to this level. It is rare to happen again.

This is the only time in several years!

With the strength of Penguin Group, how could it be possible to keep the stock price at more than 200 yuan?

The group will definitely take action, as long as the group takes action and releases some news

It can definitely boost the stock price!

Therefore, these people are just seeking death by throwing tens of billions of Hong Kong dollars into it.

Now that Penguin stock is about to rebound, these people are still planning to short-sell. He wants to see how many people will be wiped out here!

Checking the news reports, Lin Fan noticed at a glance that the Penguin Group had made a temporary report

A report on this year’s earnings!

The total annual income is 100 billion RMB. Of course, this is not a deposit profit income.

However, Huaxia Group, with a revenue of 100 billion, is not an ordinary group.

There are not many companies in China that can compare with it.

Therefore, it is completely impossible to artificially suppress the share price of Penguin Group, even if it can be suppressed

It will definitely pick up in a few days

These people have miscalculated and want to bring down the price of Hong Kong dollars below 200 yuan. This is completely impossible.

“It seems that today, someone will lose a lot and fail to sell short. I am afraid they will lose tens of billions of Hong Kong dollars!”

“The limit is 230 yuan, I am afraid these people would never think of it!”

No one could have predicted that 230 yuan would directly fall to the limit.

Penguin Group itself benefited its own stock. After a financial report appeared,

Let people know that Penguin Group has great potential, many investors followed suit and bought in, and the stock rose!

What follows is a wave of rise

Lin Fan had already sold all the short orders and took the 2 billion Hong Kong dollars in profits, plus his own personal funds of 1 billion.

The total is 3 billion Hong Kong dollars, at 230 yuan. Take a dip and buy this Penguin stock!

Acquired Penguin stock shares again

After a large number of acquisitions, the number of Penguin shares held increased from less than 10% to more than 10%.%!

Going towards 15%, reaching 13% of the total shares!

Now, relying on 13% of the total shares, he is qualified to enter the group company meeting and become one of the shareholders

Enter the decision-making group and have the right to vote

With so many shares, he can be considered a major shareholder of Penguin Group. These shares are worth a lot.

He has no intention of selling, even if Penguin stock rebounds by more than 300 and reaches the price of 400 yuan.


Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like