At this moment, in Haoyuan Building, Wang Haige watched the stock price of Dahua Co., Ltd. drop to 8.00, feeling very happy in his heart.

Now he has a profit of 1.65 million on his account.

After the limit fell today, he was ready to close his position.

Because it continues to fall, profits will not increase much.

For example, if you short 2000 million and the stock price is 20 yuan, and there is a price limit, then it will drop to 18 yuan, and the profit for the day will be 4000 million.

This limit is a profit of 4000 million.

However, when the stock price drops to 10 yuan, there will be another limit drop, falling to 9 yuan per share, and the profit for that day will be 2000 million.

As the stock price falls and continues to reach new lows, the profits become less and less. This is the disadvantage of short selling.

For example, if a stock is shorted from 10 yuan and falls to 1 yuan, the profit will be 90%.

But if you go long 2000 million shares, if the stock price goes from 8 yuan to 10 yuan, the profit will be 2000 million; if the stock price goes from 18 yuan to 20 yuan, the profit will also be 2000 million.

If the stock price goes from 1 yuan to 10 yuan, the profit is 900%.

Short selling is only short-term. In the long run, it will be detrimental to short-selling, and the risk of short-selling is extremely high. Wang Haige was almost wiped out by the Ye family before.

Fortunately, there was a comeback. Ye Yongpeng, Zhu Yiwei, Liu Xianbin, Yin Hong, and Li Feng suffered extremely heavy losses.

Yao Haoyu, Yao Haoxin, and Yao Haojun also had a floating profit of more than 4400 million before. However, they were so excited that they were so confident that they would not close their positions until they were liquidated.

Now the accounts of these three people are suffering from serious floating losses and they are facing forced liquidation.

Then Wang Haige called his assistant and asked, "How are the accounts of the three of them?"

The assistant said: "Mr. Wang, if the limit falls in the afternoon, the liquidation line will be triggered."

Wang Haige was immediately excited after hearing this, and immediately said: "When the limit fell, they all forced their positions to be liquidated, and all the 650 million shares they held were sold at the limit!"

When the limit falls, Wang Haige will also close his position. However, closing his short position of 2200 million shares is equivalent to buying 2200 million in the market. There are not so many selling orders in the market for Wang Haige to close his position when the limit falls. The location will definitely explode.

The 650 million shares sold by Yao Haojun, Yao Haoyu, and Yao Haoxin were enough for Wang Haige to eat.

The assistant quickly said: "Okay, Mr. Wang."

At this moment, Qianhe Capital and Cheng Honggang were eating lunch and looking at the Dahua stock price chart on the big screen, with excitement and greed on their faces.

It will hit the limit soon.

During the morning session this morning, a fund entered the market at 8.00, which supported the stock price. When the afternoon session opened, Cheng Honggang would continue to smash the stock price, causing Dahua's stock price to fall to the limit.

Then at the lower limit position, a large number of selling orders are closed to create panic.

The next day, when the stock price plummeted to around 7.50, he began to slowly close his short orders.

It's all planned.

"When the stock price hits the lower limit at the opening of the afternoon session, I will place a stop order for 1600 million shares at the lower limit."

If there are 1600 million shares, then the value is about 1.28 million.

So many closing orders are enough to scare other retail investors to death.

Many large retail investors in the market are short-term investors. If something goes wrong or they lose money after buying something, they are out the next day.

At the 8.00 position, there are many large retail investors entering the market to buy the bottom, but they will all be trapped.

Thinking of this, he ate faster and wolfed down the rest of the meal.

Soon after the afternoon trading opened, Dahua's share price fell below 8.00 in an instant.

7.98

7.94

7.93

It's down to the limit, and there are still a lot of selling orders at the down limit, which is the closing order placed by Chen Hongangang, for 1600 million shares.

At this moment, the risk control department of Haoyuan Securities, under the arrangement of Cui Guangliang, all the orders of Yao Haoyu, Yao Haojun, and Yao Haoxin were forcibly closed.

<divclass="contentadv">The sell order for 650 million shares was instantly at the lower limit!

Selling orders at the lower limit were as high as 2250 million shares!

Wang Haige couldn't be happier at this moment.

At this moment, he has a profit of 1.66 million on his account.

There are still so many selling orders at the lower limit, which is just enough for him to close his position!

Wang Haige immediately closed his position and bought 2200 million shares at once, instantly consuming all the 2250 million shares at the lowest limit, leaving 50 shares left.

After the position was closed, the 2200 million shares borrowed by Wang Haige were returned to Fuxing Securities!

Zhu Yiwei's flesh ached terribly.

These 2200 million shares!

At that time, the stock price was 15 yuan per share, worth 3.3 million!

The share price of Dahua shares was at its highest at 22.55, and it was worth 4.96 million at that time.

The current stock price is 7.93, worth 1.74 million, and the loss can be described as heavy.

Damn Wang Haige!

But he plans to sell 2200 million shares. Cheng Honggang of Qianhe Capital is still shorting, and will definitely close the position next. To close the position, he needs to buy it in the market, so he plans to sell the stock to Cheng Honggang.

But the phone couldn't be connected, Zhu Yiwei was so angry!

Looking at the stock price at 7.93, there was nothing he could do.

"Before the price limit, there were 2250 million shares to sell, and now there are only 50 shares left. It must have been caused by Wang Haige closing his position!"

Qianhe Capital, Cheng Honggang's expression changed instantly when he saw that there were still 50 shares left to sell at the lower limit!

Unexpectedly, his sell order for 1600 million shares was completely eaten up in an instant.

At this time, some large retail investors entered the market to buy the bottom!

The share price of Dahua Co., Ltd. exploded and turned upside down!

7.95

7.96

7.97

·

Rushed all the way to the 8.00 position!

Cheng Honggang was furious!

Unexpectedly, an institution entered the market to stop him, and even bought so many of his stocks!

1600 million shares!

He sold at such a low level just to scare investors and create panic!

Now he couldn't let investors continue to buy and then pull out the floor, so he immediately decided to continue to suppress the stock price and hit the stock price of Dahua shares to the limit.

Immediately, Cheng Honggang frantically slashed the stock price.

Everyone's selling orders pushed the stock price to the limit again, falling to 7.93. This time, the sell order for 2000 million shares was directly blocked!

There are no more bids in the market.

This time, retail investors who bought the bottom were trapped.

"Damn, I just blew up the board. I thought I had a chance to hit the floor today, but I didn't expect that I would be blocked again after blowing up the board!"

"Hey, there are too many selling orders in the market."

"I just entered the market to buy the bottom, and I got caught this time. I didn't expect the short sellers to be so ferocious!"

"There are still so many selling orders at the lower limit, and the price will definitely continue to plummet tomorrow."

"It's really abominable."

"What to do?"

At this moment, Oriental Fortune Group, Li Yuqing received a message from Wang Haige.

"Sister Qin, I have finished closing my position."

Li Yuqing replied to Wang Haige, and then said to Zhao Tingyu: "Tingyu, you can buy the bottom."

"Well, okay!" Zhao Tingyu immediately started buying. In an instant, the sell order for 2000 million shares at the lower limit was eaten up, and the stock price of Dahua shares exploded again.

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