The Rebirth Of The Strongest Tycoon

Chapter 23

When the market opened in the afternoon, Xia Yu came to the Kowloon Stock Exchange and saw firsthand the share price of Mingheng Industry.

Seeing that the share price of Mingheng Industry had fallen by a large margin and was still falling, Xia Yu could not help but be unhappy. The lower the price of the Mingheng Industry, the more he produced.

Since Hong Kong shares are the same as U. S. stocks, there are no daily limits and lower limits, so the decline in Mingheng Industry share price is very sad.

According to the current stock price, Xia Yu estimated from the bottom of her heart that the stock price was equivalent to one-fifth of the price of yesterday's short order.

After a bit of calculation, he knew how much money he was making now, and a smile appeared on his face.

I bought 1.1 million shares at yesterday's price and then made a short order to sell. Now Mingheng Industrial's share price is equivalent to one-fifth of yesterday's price, which means it only costs HK$220,000 to buy it. The number of shares that could only be bought yesterday was 1.1 million Hong Kong dollars, and Xia Yu's profit was 1.1 million minus 220,000, which was equal to 880,000.

In other words, at the current stock price, Xia Yu's profit had reached 880,000 Hong Kong dollars!

The market opened in the afternoon. After the morning of fermentation, the share price of Mingheng Industry will continue to fall, and will continue to fall for some time to come. This also meant that Xia Yuhai could make more money.

Let me talk about the basic rules of shorting. Without the use of leverage, the maximum shorting profit will not exceed 100%, and the loss is theoretically unlimited. Therefore, compared to the long-term, short-term is riskier, It's fast money, making money faster than doing more things.

Therefore, Xia Yu would make over 1.1 million Hong Kong dollars at most. Now he had a book advantage of 880,000, and there was still a profit margin of less than 220,000 Hong Kong dollars for Xia Yu.

However, even if the stock price dropped by a second yesterday, Xia Yu would get a maximum of 1.045 million Hong Kong dollars. According to Xia Yu's analysis, it was estimated that it was impossible to fall by a tenth of yesterday's price. First, it's still possible. After all, the issue of false accounting by the Mingheng Industry was too serious.

“Let's see if there are any more opportunities. If there is a better chance, we will hand over the empty order. If not, keep it. How to say tens of thousands of Hong Kong dollars is profit.” Xia Yu thought to himself.

“The time is urgent, but I have to write an article that needs to be published tomorrow as soon as possible, and go to the HSBC Securities Investment Department to check my own funds.

Thinking of this, Xia Yu continued to gather information from the exchange and started modeling and analysis.

Time passed by unnoticed, and Xia Yu's notebook was filled with dense messages.

Today, Xia Yu did not find any information similar to the financial fraud of Mingheng Industry, but she was not disappointed either. He is mentally prepared.

It was just a coincidence that the Mingheng Industrial financial fraud was discovered by him, and it could not happen every day. If not, where can the stock market operate normally?

Although there was no latest news, Xia Yu also wrote a valuable article, enough to be published tomorrow.

In any case, the first day's work has begun, and the popularity of “Jiuding Daily” has also spread. As long as the level of the article is not bad and there is a certain value, that is enough.

Of course, it would be great if another explosive article like Mingheng Industry could be published!

It's just that this requires a certain amount of luck, I can't force it!

At this moment, it had been over two hours since Xia Yu had come to the Kowloon Stock Exchange. Mingheng Industrial's stock price had fallen again, and its price was equivalent to one-seventh of yesterday's purchase. Xia Yu's book profits also reached over 940,000 Hong Kong dollars, a profit of over 60,000 Hong Kong dollars more than two hours ago.

Calculating the previous money and current profits, Xia Yu's assets had exceeded one million unnoticed, and taking into account the current situation and hot prospects of “Jiuding” Day, the, the value of Jiuding Newspaper Company must have changed. After a few times, Xia Yu was able to say that her assets would exceed two million.

“I just became a millionaire?” Xia Yu thought after that, feeling a little dreamy.

“Let's think about making money soon to come!”

Xia Yu was a little emotional. Who would have thought that his assets would add up to a hundred thousand yuan from five or six days ago. It only took five or six days to develop ten thousand times, and no one believed the news to be heard by anyone else.

In Xia Yu's view, the most important thing came from the 120,000 capital earned from the gambling shop. Without this 120,000 capital, only a hundred thousand yuan of pocket money would be thrown into the stock market, even if Xia Yu looked at the Lanshui Business and Hemingheng Industrial Opportunity, he said, there is no way to earn so much, this capital has become so much now, I do not know how long it will take next time to produce the same.

“The hardest time making a fortune was immediately passed by him by relying on gambling, and then he thought he would start using his hands and feet to multiply the odds.

“Now, let's buy the shares. By the way, buy the recommended stocks for tomorrow first, and luckily it must be good.”

Xia Yu analyzed comprehensively the stocks to be recommended at “Jiuding Daily” tomorrow, and she was confident 90% would continue to rise, and the rise should be quite large and worth buying.

And remember Xia Yu's article will be published tomorrow, with a bonus record today, coupled with the distribution of more than 100,000 copies of “Jiuding Daily”, he said, it will definitely increase investor confidence and magnify the profit potential of that stock.When a general trend is formed, there is not enough heavy negative news, it is difficult for the price of that stock to fall.

Things can't be late. After thinking about it, Xia Yu walked towards the chair of HSBC Securities Investment Department.

When he arrived at the HSBC chair, someone immediately greeted him. It was the staff that operated Xia Yu yesterday. At this moment, seeing Xia Yu coming, he immediately smiled warmly.

“Xia Sheng, you are here! Please sit!” After the staff asked Xia Yu to sit down, she immediately winked at the person next to her, who immediately brought a cup of tea and placed it in front of Xia Yu. (In Xiangjiang language, Sheng is short for “Tuan.”)

“Xia Sheng, congratulations on your luck!” The staff praised, and Xia Yu waved her hand politely.

Today, an article in “Jiuding Daily” blew up Mingheng Industry. The incident that caused Mingheng Industrial's stock price to plummet has been circulating on the Kowloon Stock Exchange. The level of the article has been recognized by everyone, and many elites do not like it. Of course, I was very curious about writer Xia Yu, and saw who was superior at the next opportunity.

But he knows better. The expert Xia Yu everyone was after turned out to be a teenager, and she had a brilliant record after only a few days in the stock market. First, he used 120,000 funds to cut hundreds of thousands of profits in the blue water business. Then it was the Mingheng Industry with strong short sales, with a profit of almost one million!

And all of this came from the hands of this younger boy.

If it wasn't through Xia Yu's operation he would never have believed that there was such a genius child!

But now, he admired Xia Yu, the sixteen-year-old boy. He had such vision and ability at such a young age, and he was decisive in doing things. The future is unlimited. According to him, surely Xia Yu would be among the upper class of Xiangjiang in the future.