Chapter 1038: Let's Make the Stock Market Crash More Violent!
Chapter 1038 Let the stock market crash come more violently!
Last month's interest rate hike by the Association of Banks led to the Hang Seng Index falling at the start of the stock market opening on Monday, July 20, which was already the prelude to the start of the stock market crash.
It's just that immediately after Xia Yu started the action against the Swire Consortium, which stimulated the nerves of all financial practitioners, so that the Hang Seng Index, which had already fallen, stopped its decline and rose again.
In the more than 30 days between today's Hang Seng Index crash, nearly 100 billion Hong Kong dollars of capital poured into the stock market, boosting the Hang Seng Index from more than 1,830 points to an unprecedented peak of Hong Kong stocks - 2,356 points.
The Hang Seng Index has risen by more than 500 points in more than a month, which is the result of Xia Yu's interference and capital influx.
But how much water there is, Xia Yu knows very well.
The vast majority of financial practitioners are also well understood.
It's just that beating the drum and passing the flower is one of the games of capital, and many institutions and investors also have a clear understanding that the moment when the Swire Consortium and the Jiuding Consortium divide the winners and losers, it is the time when the bubble is about to burst.
It can be said that the risks are almost unequivocal.
It's just that the benefits are too tempting, so that the institutions and retail investors who enter the market are willing to take risks, gambling that they can make a lot of money, instead of becoming the last poor pick-up man.
It's a pity that investors didn't expect that in order to maintain a high stock price, Norman Shi Yahuai would choose to keep it secret after completing absolute control, and decisively chose the former between direct interests and hidden interests.
And Xia Yu's equity clearance is also extremely technical and hidden, and there is no leakage, and when the news came out, he had successfully escaped.
So there was no time for investors to flee at all, resulting in the stock market plunging like a flash flood after the morning opened.
The capital market was already very panicked, and while trying to keep calm, there was a breakthrough in the future of Xiangjiang, which was a nightmare for capital, causing the "flash flood" to easily break everyone's psychological defense.
Since the news came out in the afternoon that the stock market plummeted, the wails and insults in the four major exchanges continued to sound, and the four major exchanges were in a mess, and investors could only passively accept it in despair and helplessness in the face of the comprehensive plunge in the stock market.
In the entire stock market, the buy orders of various companies that were originally listed were withdrawn in time, but more often were facilitated by the rapidly plummeting stock prices, and then the funds were trapped.
In this case, all the buy orders in the entire stock market have disappeared, and some are just sell orders that continue to pour out, and the price of the sell orders is lower than the other, and many investors have lost their minds.
It's not that they don't know that no matter how low the price is, no one dares to buy now, and constantly brushing the low sell order price will only make them lose more.
But what if?
What if someone is really stupid and dares to buy it?
In a desperate and helpless situation, even the slightest possibility will be infinitely magnified and become a life-saving straw that everyone wants to grasp.
The stock prices of various companies continue to refresh the lower limit, driving the entire Hang Seng Index market to plummet.
In less than an hour and a half, when the market closed at 4 p.m., the Hang Seng Index fell below the 2,100-point mark and closed at 2,053 points.
At the opening of the morning, the Hang Seng Index was 2,356 points.
In other words, today's day, the Hang Seng Index plummeted by 303 points, a decline of 12.8 percent.
The results of more than a month of rising have erased more than half of them in just one day.
As the stock market closed, the panic in the market subsided, and I don't know how many people collapsed on the ground.
And Jiuding Securities Company.
After Xia Yu saw that the Hang Seng Index closed at two thousand and fifty-three points, the corners of his mouth were slightly raised, obviously in a very happy mood.
Seeing that the market value of Swire Group fell to 13.28 billion Hong Kong dollars, and the market value evaporated by 10.5 billion Hong Kong dollars on the same day, the smile on the corner of Xia Yu's mouth became more and more obvious.
Noticing the chairman's gaze, Wang Qi said with a smile: "Swire shares are the most needed company in the stock market today, and now when the stock market crash comes, it will fall the hardest, evaporating more than 10 billion yuan in one day, I estimate that Norman Shi Yahuai has a heart attack to be scared." ”
Xia Yu glanced at Wang Qi and said jokingly: "You can go to Wong Tai Sin Temple this afternoon and ask someone to open your mouth." ”
Wang Qi was stunned for a moment, and then laughed.
"Wang Qi, you arrange the work first, and then come to my office. ”
After the joke, Xia Yu smiled and said to Wang Qi.
About ten minutes later, Wang Qi came to Xia Yu's office and saw Xia Yu drinking tea.
"Chairman, I'm done. ”
Xia Yu bowed slightly, motioned for Wang Qi to sit down, and instructed him: "The black material about the Taigu Consortium that Song Bo brought over, as well as the black material about the Jianing Group, you can let people out tomorrow, add a fire, and be careful not to be discovered." ”
Wang Qi nodded solemnly and promised: "Please rest assured, there will be no mistakes." ”
Xia Yu nodded with satisfaction, thought about it and advised: "There is another point, as the leader of the brokerage, there will definitely be newspapers who want to know our attitude at this time, you have to restrain the employees, don't talk nonsense, so as not to be over-interpreted." ”
"Okay. ”
......
That night, after dinner, Xia Yu turned on the TV to watch Global Satellite TV's "News 30 Minutes", the program spent fifteen minutes to report on the stock market crash, and at the same time reported Wang Ping's key speech as it was, as for the rest, he didn't say anything at all, and his position was very neutral.
With the scale of Global Satellite TV's ratings, more than half of the people in Xiangjiang watched the news, and the question of the future of Xiangjiang spread throughout Xiangjiang in an instant, and many people were worried about it.
Even Xia Yu's parents asked him worriedly what to do, and Xia Yu could only explain to his parents to calm their emotions.
Xia Yu understands his parents' concerns, after all, their son is a big capitalist, and Xia Yu has never told them about his relationship with the mainland.
Early the next morning, the whole world was overwhelmed with negative news related to the coming of the stock market crash and the future of Jiuqi.
Under this public opinion situation, the entire Xiangjiang was shrouded in panic.
The atmosphere is such that even people who are originally strong in their hearts will inevitably be infected, causing the whole society to panic.
Of course, there are still positive reports, such as mainland-controlled media such as Ta Kung Pao, but the sales of these newspapers are small, and the voices that occur are directly drowned out.
MacLehose held a press conference immediately after his arrival, urging the public to remain calm and stock market investors to remain calm.
But unfortunately, the effect is not obvious, and the panic is still spreading.
As 10 o'clock in the morning arrived, the stock market opened again.
Amid exclamations and screams, the Hang Seng Index plummeted at the open, and the chaotic scene that occurred in yesterday's exchange came again today.
Within 10 minutes of the market opening, the Hang Seng Index broke through the 2,000-point mark and continued to rush down.
The panic comes at a time when rumors are spreading.
The chaotic exchange is full of unsubstantiated information.
However, a few pieces of news came out of nowhere, which made some retail investors and institutions panic.
"Jianing Group has become insolvent, with debts of more than 10 billion Hong Kong dollars, and is suspected of financial fraud. ”
Chen Qingsong, chairman of Jianing Group, is ready to abscond with the money. ”
"Swire Group has financial problems, and the Shi Yahuai family maliciously embezzled more than 750 million of the group's interests!"
......
The news is the same as the truth, which is very demagogic, and no one else can not believe it.
Those who believed it immediately took action and fed back to the stock market, that is, the stock prices of the listed companies of the Swire Consortium and Jianing Group opened a VIP channel, and the decline was even more rapid.
Just when Norman Shi Yahuai and Chen Qingsong were angry, Xia Yu, who was comfortably handling official business in the office, received a phone call that surprised him.