Chapter 23: Millionaire Ask for a recommendation
When the market opened in the afternoon, Xia Yu came to the Kowloon Exchange and looked directly at the stock price of Mingheng Industrial.
Seeing that the stock price of Mingheng Industrial has fallen a lot, and it is still falling, Xia Yu can't help but be happy, the lower the price of Mingheng Industrial falls, the more he earns.
Since Hong Kong stocks, like U.S. stocks, do not have restrictions on price limits and price limits, the share price of Mingheng Industrial is called a miserable one.
According to the current stock price, Xia Yu estimated in his heart that the stock price was equivalent to one-fifth of the price of his short order yesterday.
After a little calculation, he knew how much money he had made now, and he couldn't help but smile on his face.
bought 1.1 million shares at yesterday's price, and then sold them with a short order, and now the share price of Mingheng Industrial is equivalent to one-fifth of yesterday's, which means that now you only need to spend 220,000 Hong Kong dollars to buy the number of shares that you can buy yesterday's 1.1 million Hong Kong dollars, and Xia Yu's profit is 1.1 million minus 220,000, which is equal to 880,000.
In other words, according to the current stock price, Xia Yu's profit has reached 880,000 Hong Kong dollars!
The market just opened in the afternoon, and after a morning of fermentation, the share price of Mingheng Industrial will continue to fall, and it will continue to fall for a period of time in the future, which means that Xia Yuhai can make more money.
Here is the basic rule of shorting, under the premise of not using leverage, the maximum profit of shorting will not exceed 100%, and the loss is theoretically unlimited, so compared with long, shorting is more risky, but shorting makes fast money, and the speed of making money is faster than long.
Therefore, Xia Yu will not earn more than 1.1 million Hong Kong dollars at most, and now he has a book profit of 880,000 yuan, and there is still a profit margin of less than 220,000 Hong Kong dollars for Xia Yu to earn.
But even if the stock price falls to one-twentieth of yesterday's, Xia Yu will earn up to 1.045 million Hong Kong dollars, but according to Xia Yu's analysis, it is estimated that it is impossible to fall to one-twentieth of yesterday's price, and it is still possible to fall one-tenth, after all, the problem of Mingheng Industry making false accounts is too serious.
"Let's see if there is a chance, if there is a better opportunity, just deliver this empty order, if not, continue to put it, how to say tens of thousands of Hong Kong dollars is also a profit. Xia Yu thought to himself.
"Time is urgent, it's better to write out the articles that need to be published tomorrow as soon as possible, and go to the HSBC securities investment department to check your own capital situation can be slowed down, anyway, you can't run away!"
Thinking of this, Xia Yu continued to collect information on the exchange, modeled and analyzed.
Time passed unconsciously, and Xia Yu's notebook was full of dense information.
Today, Xia Yu did not find information similar to the financial fraud of Mingheng Industry, but he was not disappointed, he had already been mentally prepared.
It is only a coincidence that Mingheng Industrial was discovered by him about financial fraud, and it cannot happen every day, otherwise where can the stock market still operate normally?
Although there was no breaking news, Xia Yu also wrote a valuable article, which is enough to be published tomorrow.
After all, the first day of the first shot has been fired, and the popularity of "Jiuding Daily" is also spreading, as long as the level of the article is not bad and has a certain value, it is completely enough.
Of course, it would be great if another explosive article like Mingheng Industry could be published!
It's just that it takes a certain amount of luck, and you can't force it!
Looking at the stock price of Mingheng Industry again, Xia Yu thought for a while and said secretly: "It seems that it is time to deliver, there is not much profit to squeeze anymore, so let's buy the stock that will be recommended tomorrow." ”
At this time, more than two hours have passed since Xia Yu came to the Kowloon Exchange, and the share price of Mingheng Industrial has fallen again, the price has been equivalent to one-seventh of yesterday's purchase, and Xia Yu's book profit has also reached more than 940,000 Hong Kong dollars, more than 60,000 Hong Kong dollars more than two hours ago.
Terror!
Counting the previous money, coupled with the current profits, Xia Yu's assets have exceeded one million unconsciously, and considering the current situation and prospects of the "Jiuding Daily" fire, the value of Jiuding Newspaper Company has definitely increased several times, and Xia Yu can completely say that his assets have exceeded two million.
"That's how I became a millionaire?" Xia Yu thought with some hindsight, feeling a little dreamy.
"It's still money that comes quickly!"
Xia Yu was a little emotional, who would have thought that five or six days ago, his assets added up to only about 100 yuan, and in just five or six days, they had swelled 10,000 times, and no one believed the news.
In Xia Yu's view, the most important thing is the 120,000 funds earned from the gambling house, if there are no 120,000 funds, just rely on a hundred or so pocket money to throw into the stock market, even if Xia Yu sees the opportunity of Blue Water Business and Mingheng Industry, there is no way to make so much money, and the funds want to become so much now, I don't know how long it will take.
"The most difficult period of making a fortune was directly passed by me relying on gambling cheating, and then I have to start using my skills!"
"It's better to deliver the stock now, and by the way, buy the stock that will be recommended tomorrow, and the profit should be good." ”
The stock to be recommended in the "Jiuding Daily" tomorrow, Xia Yu made a comprehensive analysis, and there is 90% certainty that it will continue to rise, and the upside should be quite large, and it is worth him to buy.
And considering that Xia Yu's article will be published tomorrow, with today's record bonus, coupled with the number of hundreds of thousands of copies of "Jiuding Daily", it will definitely increase the confidence of shareholders and amplify the upside of that stock.
Without further ado, after thinking about it, Xia Yu walked towards the seat of the investment department of HSBC Securities.
When I arrived at the HSBC seat, someone immediately greeted me, it was the staff who operated Xia Yu yesterday, and when I saw Xia Yu coming over, I immediately put on a warm smile.
"Xia Sheng, you're here! Please take a seat!" After the staff asked Xia Yu to sit down, he immediately glanced at the person next to him, and the person immediately brought a cup of tea and put it in front of Xia Yu. (In Heungjiang, sheng is the abbreviation of 'sir')
"Xia Sheng, congratulations on making a fortune!" the staff complimented, and Xia Yu waved his hand again and again to say politely.
Today, an article in the "Jiuding Daily" detonated Mingheng Industry, causing the stock price of Mingheng Industry to plummet more than once in the Kowloon Stock Exchange, the level of the article has been recognized by everyone, many elites are full of praise after reading it, and they are very curious about the author Xia Yu, and want to know who is the master.
And he knows more, the master Xia Yu that everyone is looking for turned out to be a teenager, and he has only been in the stock market for a few days and has a brilliant record, first using 120,000 funds to cut hundreds of thousands of profits in blue water business, and then he is even more strong to short Mingheng Industry, with a profit of nearly one million!
And all of this is from the hands of this inconspicuous young man in front of him!
If he hadn't handled Xia Yu's capital operations throughout the process, he wouldn't have believed that there was such a genius boy at all!
But now, he admires Xia Yu, a sixteen-year-old boy, who has such vision and ability at a young age, and is very decisive in doing things, and has an unlimited future.