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Chapter 189: Make a big profit

As expected, shortly after the market opened in the afternoon, the stock price of Hetai Commercial flew up like a rocket.

At the same time, several other companies in the same industry were in trouble. After all, this industry was relatively small, with only a few listed companies, and Hetai was the leader in this industry.

But the boss revealed good news, and the market is so big, Hetai Commercial can be expected to seize more markets. So for several other listed companies in the same industry, this is bad news.

Sure enough, after the news came out, the stock prices of several other companies fell in response.

Among these companies, Hongguang Industrial has the worst strength and a relatively single profit method, so it has the worst risk resistance and is least favored. As one rises and the other falls, most of the damage caused by Hetai Commercial's favorable benefits has been transferred to Hongguang Industrial.

In addition, there are speculative institutions taking the opportunity to short, and the stock price is like taking laxatives, and it plummeted!

When Hongguang Industrial's stock price plummeted, although those institutions that took short positions also reacted, in the face of the general trend, the risk of raising the stock price was too great, so they could only choose to give up and not make unnecessary struggles.

When Hongguang Industrial's stock price began to plummet, Huo Wenjun firmly sat on Diaoyutai and just waited for the final payment.

The general trend has come true, Hongguang Industrial is destined to be trampled by Hetai Commercial and has no chance to turn the tables!

Of course, although Huo Wenjun has been sure to make money, he has not wasted his time. He still analyzed the situation of various companies in the stock market according to the plan and looked for other opportunities to take advantage of.

The plummeting stock price of Hongguang Industrial has also caused panic and wailing among some retail investors who bought their stocks. Unfortunately, under the general trend, they are unable to turn things around and can only watch their money continue to evaporate.

It deeply reveals the cruelty of the stock market.

Once it surges, once it plummets, it is like heaven and hell, and it is indeed very exciting.

But to be honest, Huo Wenjun doesn't like this kind of money-making method like rootless duckweed and opportunistic. Compared to this, he prefers to do business.

If it weren't for making enough money as soon as possible to start the next plan, he didn't want to rashly get involved in the stock market.

Just as Hongguang Industrial's stock price began to fall, Huo Wenjun deliberately observed the young man who attracted his attention. He saw his eyes staring at the display screen, his eyes fell on Hongguang Industrial's stock price, and his face showed such an expression.

Huo Wenjun narrowed his eyes slightly, and the other party's reaction was both as expected but somewhat unexpected.

At the same time, he also found that although this person had some excitement on his face, he was not so ecstatic than other investors who bought stocks that rose sharply, as if what he cared about was not making money, but the accurate analysis and judgment of a certain stock.

Interesting person.

Huo Wenjun smiled faintly and stopped paying attention to the other party.

Until the market closed, Hongguang Industrial still did not improve at all. Huo Wenjun took Abu away with a calm expression.

In the next three days, the stock market was still open, while Hongguang Industrial's stock price continued to fall, and negative news about Hongguang Industrial came out every day. Although it was in the small newspaper, it still caused harm to Hongguang Industrial's stock price.

Huo Wenjun knew without guessing that it must be a news released by the institution that shorted Hongguang Industrial, praying to maximize profits, absorb the blood of Hongguang Industrial as much as possible, and make Hongguang Industrial's stock price fall as much as possible.

As for whether Hongguang Industrial will go bankrupt?

It's nothing to them!

These speculative institutions have only one purpose - make money! Make money! Make money!!!

Therefore, Huo Wenjun basically didn't have to do anything later, just ride the bike, so he asked other institutions to work hard, so he took the opportunity to eat some meat.

This is the role of ability. People with ability can make money even if they are retail investors, and avoid risks and withdraw funds in a timely manner.

People who are unable to trade stocks can only depend on luck, but also on fate. They depend on the mood of the dealer. They don’t know when they lose money.

In the past three days, Huo Wenjun has been staying at the Kowloon Exchange to analyze stocks during the day, recording useful information, and has a full notebook.

At night, I focused on writing something at home to apply it to the next plan.

Of course, these are not the focus for the time being. The focus is that three days have passed and Huo Wenjun has made a lot of money!

At this time, the total funds in his account had become...

8.5 million!

Quadrupled!

This is still the premise of using five times of leverage. If you calculate the principal of 400,000, it will be 21 times more!

After deducting 400,000 yuan in principal, a total profit of 8 million yuan was made in just three or four days!

Looking at this huge amount of money, Huo Wenjun couldn't help but feel excited, and then sighed, no wonder so many people are keen on stock trading, this money is indeed like a strong wind, and it is easy to make money in a few days exceeds the income of "Fengqing".

But he was not blinded by the interests. He knew very well that the stock market was a place where winners took all, and there were profits and losses. Even with his current ability, he still could not guarantee that he could make a profit every time, and at most he could reduce the risk. However, if you walk by the river often, you would not be able to get any money, and you might lose all your money next time.

Huo Wenjun remained calm enough, but a shock flashed in Abu's eyes. Huo Wenjun did not hide it from him. It can be said that Abu witnessed Huo Wenjun's capital increased to 8.5 million in just three or four days. After seeing this scene, even he couldn't help but change his face.

He never thought that making money would be so easy. The number of more than 8 million was unimaginable, but Huo Wenjun made this money without any effort, so how could he not shock him?

But at the same time, he was very clear that reality was not really as easy as imagined, otherwise everyone would make a big profit in the stock market. On the contrary, only a few people could make money in the stock market, which shows that Huo Wenjun's extraordinary ability.

Abu looked at Huo Wenjun deeply, and admiration appeared in his eyes. This young man surprised him again and again.

Maybe... it's really good to follow him.

Abu's mouth raised a curve slightly.

...

It has to be said that the dealers behind the market makers really spared no effort to suppress Hongguang Industrial’s stock price and directly hit the bottom.

If the market makers had not manipulated and the stock price fell freely, Huo Wenjun would not have made so much money. This can be seen from the decline in the stock prices of several other companies in the same industry. Hongguang Industrial can only be blamed for being too weak and being targeted by the market makers!

Of course, although Huo Wenjun made 8 million Hong Kong dollars, this is just the money on the books at present, and the actual net profit in his hands is not that much.

After all, HSBC's investment department is not the Virgin Mary, and it will help Huo Wenjun in vain and use 5 times of leverage to provide him with financial support!

Since it’s not a waste of work, of course I have to charge a commission!

In addition to the HSBC investment department that charges a sum of money, the Kowloon Exchange also charges a portion of the money.

That is the 2.5% commission, 1% stock stamp duty, 0.02% compensation fee for investors, 0.05% trading fee for the China Securities Regulatory Commission, 0.05% trading fee for the Kowloon Exchange, 0.05% settlement company settlement fee for the settlement company, etc., a total of about 3.6% Hong Kong stock transaction fees.

As long as you trade stocks on an exchange, you must be sucked out of this money and no one can escape it!

Therefore, running a stock exchange is also a huge profitable business. A stock exchange is equivalent to a company, which is also the reason why there are four exchanges in Hong Kong.

After all, the threshold for starting an exchange is relatively low, and you have to make sure you make a profit without losing money. You can also get various conveniences. You can also exchange favors and interests with stock exchanges. Of course, everyone wants to participate in so many benefits.

This is because the Hong Kong government does not allow it, otherwise the fifth and sixth stock exchanges will definitely appear.

Of course, the Hong Kong government later learned that multiple stock exchanges were extremely unfavorable for the Hong Kong stock market, so there were measures to integrate the four exchanges into one.

Without further ado, Huo Wenjun has no time to care about these destined things now. At this moment, he directly delivered the transaction, and the final net profit was obtained-
Chapter completed!
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