In other words, even if Yan Bin doesn't sell now.
As long as you hold on through that crash, you can eventually make it back, or even more.
Since he wouldn't lose money, Cao Kun didn't bother to offer any more advice.
After all, stock trading is someone else's business, and the money ends up in someone else's pocket.
As the saying goes, greed knows no bounds, so let him experience the roller coaster ride.
Upon hearing Cao Kun's words, Yan Bin became even more hesitant.
My finger hovered over the sell button for a long time, but I didn't press it in the end.
Liu Yong, having finished his transaction, breathed a sigh of relief: "Sold out! Money in the bank!"
He chuckled and said, "The boss is still amazing. He's made me earn 40 points in just a few days."
"That's 8000 million!"
Liu Yong boasted proudly.
"Boss, I'm not a clerk either. You wait, I have a gift for you later."
Liu Yong patted his chest and assured him.
Cao Kun smiled slightly and nodded gently.
Upon hearing this, Yan Bin, who was standing to the side, had a flash of jealousy in his eyes.
He only had 5000 million in principal, so even if he earned 40%, he would only have 2000 million.
They are simply no match for Liu Yong.
After the two left the office.
In the corridor, Liu Yong put his arm around Yan Bin's shoulder and asked:
"Hey, Binzi, did you sell it or not?"
Yan Bin stared at his phone screen, his eyes darting around.
"Hey, look at this trend, there's clearly still room for it to rise."
Yan Bin was making his own plans.
He is different from Liu Yong, who had already made a fortune by following Cao Kun.
Selling now would undoubtedly result in a huge profit.
But Yan Bin had previously tried to be clever and missed several opportunities.
Now that I've finally made some money, I just can't suppress the burning greed in my heart.
"I've finally caught a big market opportunity this time, I have to make a big profit to make up for my previous losses!"
Seeing that he didn't speak, Liu Yong pressed on, asking again:
"What are you muttering about? I'm asking you whether you've sold it or not?"
The boss specifically called us here to be sold off, so don't be foolish.
Yan Bin grew impatient with the questions, fearing that Liu Yong would lecture him again, so he could only evade the question and give a perfunctory answer:
"Sold! Sold! I've already put it on the order to sell, aren't you annoying me?"
"It's fine once it's sold." Liu Yong was relieved and laughed heartily.
"Come on, let's go get a full-service massage to celebrate!"
The two put their arms around each other's shoulders and left.
……
Two o'clock in the afternoon.
The stock prices of companies listed on Hainan Island have remained volatile at high levels.
Although it has fallen slightly from the morning high.
However, retail investors and institutions in the market are as excited as if they've been injected with stimulants, firmly believing that this is just a temporary correction and that a surge will follow.
Xiao Li pushed the door open again to report:
"Boss, we've closed out all our long positions and taken profits."
"Regarding securities lending, China's securities lending system is not as sound and convenient as that of the United States, and the supply of securities is relatively tight, but..."
Xiao Li paused for a moment and then said:
Fortunately, the Hainan Island sector is currently experiencing a strong upward trend.
Many securities companies and institutions hold large amounts of shares.
They all believe the stock price will continue to rise, so they're happy to lend us their shares to earn interest.
"I'm using our nearly 700 billion in cash as collateral."
In total, approximately 700 billion yuan worth of stocks in the Hainan Island sector were borrowed from various securities firms.
Cao Kun nodded, a cold glint flashing in his eyes:
"Ignore it, just sell it."
"Smash it all out."
Xiao Li was taken aback, and his palms began to sweat.
"Boss, the price is still on an upward trend."
Should we really start dumping shares now? What if we can't drive the price down...?
"Sell it." Cao Kun's voice was completely calm.
Xiao Li hesitated for a moment, but in the end, Cao Kun's undefeated record convinced him.
He took a deep breath and picked up the internal phone on the table.
Right in front of Cao Kun, he dialed the dedicated line to the upstairs trading room, his voice trembling slightly with nervousness:
"Hello, this is Li Bin. Follow my instructions!"
"Now, sell off all the Hainan Island stocks we've borrowed through short selling!"
"Yes, no need for batches, just dump them all! Leave not a single share!"
As Xiao Li finished speaking these firm words...
The stock market situation changed dramatically in an instant!
Cao Kun's massive sell order, worth nearly 700 billion yuan, crashed into the Hainan Island stock market, which was in a frenzy, like a meteorite falling from the sky.
Despite the astonishingly active trading volume and huge demand in the Hainan Island sector right now.
However, this sudden surge in selling pressure still instantly created a small trough in the high stock price.
A glaring green lower shadow appeared on the candlestick chart.
However, the market frenzy far exceeded expectations.
Stocks in the Hainan Island sector are like cockroaches—indestructible and incredibly determined to rise.
Many retail investors and speculative funds did not sell when they saw the stock price pullback.
Instead, they shouted "a bull market pullback is priceless" and rushed in to buy at the bottom.
They actually managed to slowly eat away at the small crater that Cao Kun had created!
The stock price is even stubbornly rebounding!
Upon seeing this, Cao Kun revealed a meaningful smile.
"Great, it's good for me that someone is buying at a high price."
"Please urge the traders to speed things up, don't keep the buyers waiting."
Xiao Li stood to the side, his forehead covered in fine beads of sweat.
It was impossible for him not to be nervous.
This is short selling!
If the Hainan Island sector withstands the selling pressure and continues to rise...
If the price increases by just one point, based on a total market capitalization of 7 billion, the account will instantly show a loss of 700 million!
On this battlefield where every second counts.
Every penny that the numbers on the screen fluctuate represents millions or even tens of millions of dollars in profit or loss.
This kind of money-burning speed, this kind of thrilling dance on the edge of a knife.
Even though Xiao Li is a professionally trained financial elite, he felt his heart couldn't take it at this moment.
Cao Kun, however, seemed completely oblivious, calmly smoking with a deep gaze.
On the office sofa, Su Yue and Zhu Mengmeng, though unable to understand the details of the candlestick chart, were sitting together.
But seeing how nervous Xiao Li was, almost to the point of exhaustion, everyone's palms were sweating.
Looking at the nonchalant man in the boss's chair, they couldn't help but admire his composure.
Is this what it means to remain unmoved even when Mount Tai collapses before you?
Finally, the market closed near 3 p.m.
Xiao Li put down the phone that had been pressed tightly to his ear, looking as if he had just been pulled out of the water.
He wiped the sweat from his brow, exhausted, and reported to his supervisor:
"Boss... Phew... Mission accomplished."
"All the shares we borrowed through short selling have been sold."
He glanced at the closing price, his expression turning somewhat bitter:
However, due to strong buying interest at the end of the trading day, the stock price rebounded significantly.
Our current short positions... are currently showing a floating loss of about two points.
"That means... a loss of 14 billion."
Xiao Li lost 14 small profits right after starting his position; his heart was bleeding.
Cao Kun waved his hand dismissively and stubbed out his cigarette.
"It's alright, what's a little unrealized loss?"
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