Chapter 316: Forced to pit people
In the large trading room of the Hong Kong branch, more than 20 traders are nervously operating the computer to place orders and cancel orders.
Shen Hui and the management stared at the big screen for a long time, and the big trading room became quieter and quieter, and the traders even clicked the mouse and clicked on the keyboard more and more lightly, knowing that the big boss was watching from behind, everyone became more and more careful.
This year's economic situation is not good, and it is becoming more and more difficult for a completely international metropolis like Hong Kong Island to earn a living.
Xinghai's salary is very good, and everyone cherishes this well-paying job.
It's rare for a big boss to come to the branch to guide the work in person, how can you be careless.
You must know that although the boss is a mainland boy, it is an insurmountable myth in the field of financial speculation, even after the conceited operation, he has to bow his arrogant head in front of Boss Shen, and he can't be proud at all.
On the big screen next to it, there is an instant messaging connection, and a cadre of Xinghai Investment is also online.
Shen Hui watched it for less than a minute, then clicked on the microphone on the table and asked, "When will the economic data from Europe and the United States come out?"
Du Mingxiang said on the video link: "It will be announced tonight. ”
"Then wait. ”
Shen Hui didn't give any instructions, as if he was waiting for something.
In early July, gold prices continued to rise, successively breaking through the 1800, 1810 two barriers and refreshed the 9-year high, the exchange rate is now trading around 1811, in addition to the anxiety of the second outbreak of pneumonia epidemic triggered by the risk aversion sentiment on the safe-haven commodity gold constitutes a strong support, investors' concerns about global trade and the expectation of easing measures by central banks are also important factors supporting the rise of gold. In addition, after gold climbed rapidly, some short orders were forced to stop losses, which also exacerbated the rise of gold.
And Xinghai has also gained rich returns in this wave of gains.
According to the news obtained by Shen Hui, HSBC has a considerable proportion of physical delivery in EEP transactions, and when reducing the risk of gold trading by hedging in New York gold and London gold, it holds a large number of short orders in the New York futures gold contract in July.
Tonight, Boss Shen is waiting for news, and countless people are also waiting for news.
By half-past ten, the news had not yet arrived.
Shen Hui couldn't wait, gave a few words to the overtime management, and left the branch.
Soon after he left, several important economic data in Europe and the United States were announced, which caused another round of heavy blows to the market, and the market hedging index further increased.
When the Asian market opened, it once again successfully stood at the high of 1810.
It wasn't until dawn that the market cooled down a little.
After a day of calm, after the opening of the European market in the evening, as the early profit orders began to close their positions, some of the speculators who followed the trend were preparing to enter the market, and suddenly three consecutive super short orders of 100,000 hands smashed down, and the price of gold immediately fell, gapping several points, and the frightened investors and speculators who were preparing to enter the market immediately left the market to wait and see.
There are even investors who are not very firm in order to keep their early profits, and they have begun to flee.
A black line was drawn on the gold price chart, and it turned cloudy in an instant.
By the end of the European market, the spot gold price failed to break through yesterday's opening price, and was pressed to the ground by several super short orders, while several of the most of the orders that appeared in the session were taken by the fleeing capital.
London.
"BOSS, Xinghai is closing the position with profits. ”
"Don't worry about him, continue to give me more orders, and the price won't fall. ”
"But Xinghai hung two empty orders of 100,000 hands in 1749. ”
"Then wait until the New York market opens. ”
"Okay. ”
Zurich.
"Louis, the one in the East seems to be going on to do something again. ”
"Regardless of him, it has nothing to do with us, Xinghai is closing the position with profits?"
"Yes, there are also two empty orders of 100,000 hands at the position of 1749. ”
"What's this for, does that guy think the price of gold is going to fall? No, that's not that stupid. ”
"I think this is disgusting HSBC, I heard that he is very ambitious for HSBC, and he has cheated HSBC in the June copper market before, and New York has entered physical delivery, and HSBC has a lot of orders. ”
"Oh, it's very likely. ”
"Would you like to remind HSBC?"
"No, what's the matter with us, don't forget that Xinghai is our big customer. ”
"Well, it's really none of our business, HSBC is blessed!"
Hong Kong Island, HSBC Tower.
"Damn, Xinghai, this shit-stirring stick, I curse him%&*#@*......"
"What to do, it's already time to enter the delivery process. ”
"Pull the price up a few points, and I don't believe that bully can hold it down. ”
"Okay. ”
Soon, several long orders of tens of thousands of hands were played out one after another, but the gold price just showed signs of rising, and a super large sell order of 100,000 hands was immediately smashed down on the selling plate, knocking down the bulls who had just emerged.
Someone became angry: "Fill out a bill of 100,000 hands for me and send it out." ”
"Okay. ”
The super big buy order of 100,000 hands was quickly hit out, but it was still caught by the big sell order smashed out of the selling plate, and the two sides seemed to have a real fire, and the usually rare big orders smashed on the plate from time to time, and many of the frightened investors and retail investors couldn't hold back, and they didn't want to become the victims of the giant crocodiles competing for prey, and they began to flee, and the predators next to them didn't want to be nosy, even if someone knew that Xinghai had entered, they didn't want to enter the melee without the slightest certainty.
Xinghai is obviously closing the position with profits, and in the case of a favorable market outlook, even if it is an enemy of Xinghai, he will not be stupid enough to do the stupid thing of injuring a thousand enemies and losing eight hundred, and at this time, he can't stop Xinghai at all.
The only thing to worry about may be only those unlucky people who hold positions in the New York market and the London market at the same time, and HSBC is one of the leaders.
With HSBC as the pick-up man, Xinghai quickly and smoothly finished shipping.
Just when HSBC breathed a sigh of relief, a large number of dense sell orders poured out above the sell order again, and Xinghai's younger brothers also took action one after another, and began to close their positions with profits, so that HSBC was no longer able to take over, and some investment opportunities that were ready to enter the market had to choose to wait and see again, and even a group of early profiteers saw the scuffle, and they didn't know how long it would end, in order to avoid divergence from the market outlook, they all chose to close their positions with profits, so that gold prices continued to fall slightly.
Xinghai Investment Hong Kong Island Branch.
Pan Ming looked at the somewhat strange market and asked Shen Hui: "Mr. Shen, do you want to continue to suppress the price of gold?"
"No!"
Shen Hui shook his head: "Now the market avoidance sentiment is still rising, the gold price is optimistic about the future, even if we are strong, we can only temporarily suppress the rally by clearing out the liquidation, it is impossible to really go against the general trend, this is still those big institutions are unwilling to enter the market at this time to cause a scuffle, otherwise Xinghai and those private placements in China alone will not be able to influence the general trend." ”
Pan Ming nodded, this is the correct solution.
Those big institutions are reluctant to enter the market at this time to cause a scuffle, after all, Xinghai is not easy to provoke, and in the end it is very likely to hurt the enemy by one thousand and lose eight hundred, and miss this opportunity in vain, and the gold market is global, and Xinghai's obstacle squatting in London only blocks one way, but it can't stop the American market, temporarily bypassing London, and doing the same with futures gold in New York.
The market-making gold merchants were reluctant to meet the Xinghai bayonet, and Deutsche Bank, one of the five major gold merchants in London, made a profit and cashed out, which almost made HSBC jump, and even jumped out at this time to add fuel to the fire.
Is there such a thing as falling into a well?
HSBC was busy and urgently convened a board meeting.
To a certain extent, the five major gold dealers in London are considered to be a kind of relationship of cooperation and competition, and the tacit understanding formed over the years allows the major gold dealers to maintain a delicate balance between cooperation and competition, even if there is occasional competition, they can always maintain a virtuous circle.
Even Shen Hui didn't expect it, and he was completely relieved after getting the news.
I thought there would be a turnaround, if the operation is good, there is a great chance to give HSBC another knife, but I didn't expect this turnaround to appear in Deutsche Bank, otherwise HSBC has a great chance of reversing the predicament under the general trend.
After all, HSBC, as an old multinational banking giant, has many relatives who are willing to lend a helping hand at critical moments.
It's like Xinghai blocked HSBC in the June copper market before, and many relatives flew to Shanghai to intercede, and a few relatives could solve HSBC's current control situation, but if Deutsche Bank was added, the situation would be different.
And Deutsche Bank at this time was not calm.
Frankfurt.
"Who leaked our plan?"
Schwab was furious, and Germany also hedged its positions in the London gold market and the New York futures gold market, and the trading plan was top secret, only a few people knew about it, but now it was leaked, how could he not be angry.
As soon as the thought of being used this time was used, Schwade was so angry that he wanted to burst his veins.
Deutsche Bank and Xinghai Investment do not have much business dealings, but in the spot gold business, Deutsche Bank has provided several clearing services for Xinghai Investment, and there is usually no interaction, and the liquidation plan that has been set long ago cannot be changed, but it was used by Xingshun and closed the position in front, which made Schwab depressed and wanted to vomit blood.
Xinghai knows HSBC's ambitions.
But Xinghai rushed to close the position at this time, and his intentions were clearly revealed.
But the question is, how could Xinghai rush to close the position at this time, if only Deutsche Bank closed the position, it could gently close all the positions in terms of operation, so as not to give HSBC eye medicine, and Xinghai rushed to close the position in this wait, but it disrupted all his plans, and in the end he had to execute according to the plan, and was forced to pit HSBC.
How could this not make Schwab vomit blood in frustration.
It's a terrible feeling to be taken advantage of.