Chapter 1205 They ran away
The undercurrents in the Quaker Building did not affect the pessimism of the entire market. A lot of speculation is still going on. Even the president of Morgan Stanley Investment also publicly stated that no matter what means the HKMA uses to intervene, the HKMA will fail. Now everything the SAR government does is just to bring greater profit opportunities for speculators. When the delivery day passes, Wen Zhiwei wakes up from his fantasy dream, he will be frustrated by what he has done.
Morgan Investment is a very important fund company under the Morgan Consortium and one of the top funds in the United States. After countless overseas media, the president's speech has become an "ultimatum" given to Hong Kong City by international short sellers.
So this "ultimatum" triggered a carnival among Hong Kong speculators. In the last half hour of trading in the morning, Hong Kong stocks were frantically shorted, and the index fell by 100 points again. By the time of the morning market closing, the index was finally frozen at the figure of 5602.13.
This number has made countless short sellers shout victory, but in the eyes of real discerning people, this number is very abnormal.
"If the entire port city is really short selling, the index should plummet to at least 5,400 points, and only if the index plummets below 5,400 points, can the international short sellers who short the port city recover their costs. Now the international short sellers are surrounded by futures exchanges in the morning and are open and ruthless. They have used up all the tricks they can use, unless they have heavier weights, the index will not be able to drop below 5,400 points."
In the hospital, Caitlin analyzed the current situation in Hong Kong City for Zhou Ming: "So I guess the bears in the Quaker Building must have been quietly retreating and running away. The so-called circumference of futures exchanges and the ultimatum of Morgan Stanley Investment President are just covering up their retreat. After all, if they retreat directly, it will shock the market and lead to a sharp rise in buying. They cannot escape unscathed, so they must first release the news and fool speculators to take over so that they can get out."
It seemed to be to prove it. When Caitlin finished speaking, Zhou Ming's phone rang immediately, and Su Han took it to Zhou Ming and answered it.
The phone call was from Wen Zhiwei. He excitedly told Zhou Ming on the phone: "Those guys ran away, and the hairs in the Quaker Building have finally gotten out!"
Wen Zhiwei said that he had just confirmed the news from the futures exchange. In the last hour before the closing of the morning, more than 80,000 contracts were closed. He speculated that this was the international shorts at the Quaker Building were running away.
Because they previously speculated that international short sellers planned to launch a general attack on the delivery date, based on the large number of open contracts still left in the futures market.
Generally speaking, it is reasonable to have 50,000 to 100,000 contracts in the futures index market, but the number before has exceeded 200,000, which is obviously unreasonable.
Now 80,000 contracts have been closed at once, and nearly half of the remaining contracts in the market have been cut off. The intention behind it is self-evident.
Caitlin finally concluded: "5602.13, this is the lowest number today. When the market opens in the afternoon, the market that has lost the heavy pressure of international short funds will begin to rebound, and other followers will gradually discover problems, and the market will rebound retaliatedly. This range may be very large. It is very likely that a surge of 1,000 to 1,500 points in the afternoon will be very likely."
In the afternoon, the market index soared by 1,000 to 1,500 points. If anyone said such a thing, he would definitely be
I laugh at the fact that there is no minimum financial knowledge, but now, this is a speculation based on reality.
So Zhou Ming told Wen Zhiwei: "The enemy has retreated, so how much lost land can be recovered at one time depends on Wen Zhiwei's ability."
After receiving Zhou Ming's reply, Wen Zhiwei was truly relieved. Although he was very excited to learn that the international short seller was going to close his position and run away, he was also afraid that this was another conspiracy of the other party. After all, he was bitten by a snake for ten years and was afraid of the rope. It was not until Zhou Ming personally said that he felt relieved.
The fact is true. When the time comes, the stock market reopens at 2 pm, and when all speculators were eager to short the Port City, they suddenly found that the stock market rebounded and rose. Although it was only a few dozen o'clock, it was absolutely unacceptable for speculators who just wanted to wait for the Port City stock market to collapse and then take advantage of the interests, not to mention that they were worried about the bad signs of this.
No, there must be something unexpected, so it will take more force!
Some speculators are unwilling to think about those terrible thoughts. They think this is just a technical adjustment, and even think that as long as they sell more, the market can return to normal short selling again.
However, these wishful thinking are destined to just give money to the market.
In the futures exchange, Ye Qizhi came to the exchange hall early after lunch and firmly occupied the inner circle: He sees what tricks do you have!
Ye Qizhi was very frustrated. In the morning, because international short sellers adopted the circumference tactic, he had a large amount of funds but could not make an order. Later, someone reported it to the Futures Exchange, and the Futures Exchange came forward to deal with it, but the situation became more and more chaotic, and in the end he almost started to fight.
Although the HKMA finally came down to change its approach and adopt a people-to-people trading policy, keep a close eye on the selling, and do not pay attention to those who deliberately block the road and take orders directly.
Although this approach has some effect, it has little effect. Moreover, those foreign banks have also seen the tricks, and later they simply surrounded the counters and only quarreled at them to stop them from trading.
In short, one morning, Ye Qizhi did not gain anything except being dizzy. Especially when he saw the market at 5,600 o'clock, he made him deeply blame himself, thinking that he had not been able to hold his position to complete the task. So in the afternoon, he became ruthless and had to find the venue back no matter what: Don't you like to surround me? Then I will take up the seat first and don't even go to the toilet. Let's see what else you can do!
Not only Ye Qizhi, but also several other brokerage representatives, also had the same idea.
I have to say that these agents still have a sense of honor, but their expressions are basically useless, because as early as the morning, the short sellers of the Quaker Building were already secretly retreating, but Ye Qizhi and the others were very annoyed by various encirclement matters, and foreign banks were deliberately avoiding them, so they were not discovered.
It is for this reason that after the stock market opened in the afternoon, when we were ready to compete with the brokers of foreign banks, we found that foreign banks who were frequently active in the morning suddenly disappeared in the afternoon.
This made Ye Qizhi and the others confused, and they even thought that the time of the Futures Exchange had been wrong.
However, they quickly realized that the enemy was retreating, and the above order was passed down, asking them to buy goods as much as possible and raise the market.
Ye Qizhi and the others were stunned. This was undoubtedly the result of their efforts, but when the result really came, they couldn't believe it.
"Great, we won!"
I don’t know who took the lead first, but in just a moment, all the agents cheered loudly to celebrate the victory of Harbor City.
But the 28th is not over yet, and Hong Kong City has won now, but how clean and neat it can win is what we need to do next.
Ye Qizhi and the others quickly returned to the inner circle and began to sweep goods on a large scale. They were full of energy and had the momentum of swallowing thousands of miles away.
Not only the futures market, Wen Zhiwei launched a comprehensive offensive in the stock market for regaining lost territory. Under his instructions, the five major fund companies and securities companies began to give up all their ports and funds to buy stocks. Not only the heavyweight stocks such as Fenghui Honghong, but also some unknown small stocks were not spared.
Driven by the stock market and futures, the Hong Kong market has been rising steadily. In about twenty minutes, the index rose by 150 points. Although the amplitude is not very strong, anyone can see that this is just the beginning. If no one stops it, the amplitude will only become larger and larger.
"No one stops it? Why is there no one stopping it? Hong Kong City must be shorted, no one can save it!"
In the office of Hedolly Securities Building, Li Yilun shouted, his expression was distorted and he looked hysterical.
As a representative of Hong Kong City speculation, how could he accept the result of the victory of the Hong Kong City Financial Defense Battle?
You should know that he has blatantly betrayed Hong Kong City. If the Hong Kong City market eventually collapses, then when he receives many high-quality industries in Hong Kong City, the SAR government will undoubtedly be jealous of the mouse, and he can also use this speculation to succeed and become the most eye-catching boy in the entire Hejia. But if it goes the other way, once the Hong Kong City wins, he will undoubtedly be liquidated. He has invested so much in selling, and once he loses, Hejia will not let him go.
It is precisely for these reasons that he cannot accept the result of victory, and he must die in Harbor City.
However, things are always a bit subtle. At this time, he suddenly received a call and asked him to buy goods at the bottom and buy goods as soon as possible, to do as much as possible to recover the losses, and to show loyalty to the HKMA.
Li Yilun laughed when he heard this: "I was so determined when I betrayed. Now I think of it as loyal as I really think of it as a playhouse?"
But the He family was even more angry: "What betrayal? This is all the decision you made by Li Yilun. Now you want to save it!"
Li Yilun's smile became stronger and stronger: "I'll save it? OK, then I'll help you to the end!"
He had a bad premonition and asked Li Yilun what he was going to do, but Li Yilun stopped talking and hung up the phone directly, then called his secretary.
"Notify all units and make every effort to short selling immediately. Don't care if you use up all our funds!" said Li Yilun.
The secretary was stunned. She couldn't believe that Li Yilun would actually give this order. You must know that the market is now at a rapid pace!
"What's the use of following the trend now? Only by continuing to suppress the market can there be a way out. Since those international bears are afraid that they will fall deeper and deeper, they will not be able to withdraw in the end, so I dare not do it. Then I will do it! Anyway, it's only the last hour and a half, I don't believe that this index can rise, and we still have a chance!" Li Yilun yelled with all his strength.
Chapter completed!