The Li consortium was advocating confidence for Xiangjiang shareholders, and the tour capital was full of shipments to consume shareholders' trust in the Li consortium, and until the close of the morning, the Xiangjiang stock market was hovering around 3,890 points.

You Zi thought that Li Guangyu and they would wait for the stock market to plummet before entering the market, but unfortunately a few news at noon caught them off guard.

Bank of Hong Kong, Heung Kong Electric, Towngas, Hutchison Whampoa, Cathay Pacific Airways and Swire Group have announced that they will buy back the group's shares in the afternoon to maintain the stability of the Hong Kong stock market.

This also led to the opening of the Xiangjiang Exchange in the afternoon, and the Hang Seng Index came directly to 3895 points, which was only one point down from the opening in the morning.

As soon as the market opened in the afternoon, the sell orders of several major groups in the stock market were swept away, and these groups were all blue chips, so the Hang Seng Index broke through the high of 3900 points in less than ten minutes.

At this time, in the investment department of Citibank, these people have demanded to increase the pressure on the Xiangjiang stock market, and the Hang Seng Index must not continue to climb.

In the Tianyu Investment Department, Sun Jianping was constantly instructing the personnel of the Investment Department, and the phone in the Investment Department was never disconnected, and the orders were conveyed to the Xiangjiang Exchange one by one.

At present, all transactions in the Xiangjiang stock market must be in the Xiangjiang trading hall, and there is no online computer trading now, so Tianyu Investment Company has its own trading seats in the Xiangjiang Stock Exchange, and reports the situation here to the investment department at any time, and at the same time accepts the orders of the investment department to operate.

After Sun Jianping put down the phone, he said to Li Guangyu: "Li Sheng, the exchange reported that there were a large number of sell orders in the market, and the price was lower than the current price. ”

Li Guangyu knows that these funds will not easily choose to retreat this time, especially when the Hang Seng Index breaks through to 3900 points, it is estimated that those people are a little panicked.

"You make arrangements here, you swept the list they appeared for me, and pulled the Hang Seng Index to the 4,000 mark, and it will be difficult for me to buy and return these funds if I want to. ”

If they short some listed companies, especially the companies of the Li consortium and its allies, Li Guangyu will make them regret it, and he will directly ask Sun Jianping to sweep away the stocks on the market of his company, and then let him not even buy enough stocks to be returned.

Inside the Xiangjiang Exchange, today's trading is extremely active, there are a lot of buy and sell orders, and the number is extremely large, ordinary shareholders know that this is a contest between the Li consortium and the two sides, at this time they are more to watch the show, anyway, they are now either in the bag, or all smashed in, this time is to watch the play quietly.

The Hang Seng Index soared all the way to 3,946 points under Sun Jianping's strong sweep, and there was a brief quiet in the stock market.

Some people who have fallen into the pocket have some regrets at the moment, but they did not expect that the stock market not only did not plummet, but also rose a lot, especially the companies of the Li consortium and its allies.

Just when they thought it was stable now, a large number of sell orders suddenly appeared on the stock market again, this time the amount of which was far beyond the imagination of ordinary stockholders, and the Hang Seng Index also fell accordingly, and the Hang Seng Index, which had just risen by dozens of points, immediately fell below the 3,900-point mark.

These investors are on a roller coaster ride in their hearts like the ordinary stock market, which has never happened in the Xiangjiang stock market, and for those who are in their pockets, this situation is really exciting, and it makes them even more excited than a blockbuster movie.

It didn't take long for these sell orders to decrease at an alarming rate, the Hang Seng Index climbed again, and the actions of the Li consortium once again relieved those who were optimistic about the Hong Kong stock market, believing that with the Li consortium, the Hong Kong stock market would not be defeated by the floating capital.

At a time when the Hong Kong stock market was in a fierce confrontation, the Hong Kong government held a press conference to explain the construction cycle of the Heung Kong International Airport and the subway from downtown to Tseung Kwan O.

This good news came, some hesitant investors and some investment institutions entered the stock market again, and the Hang Seng Index began to rise rapidly, breaking through the 4,000 mark in just 20 minutes.

In the conference room of the investment department of Citibank, several people at this time did not look very good, originally they thought that with the control of the Taipei Exchange, their actions on the Xiangjiang Exchange would be relatively easy, but they did not expect to become such a situation.

Now the Hang Seng Index has climbed to 4012 points, they entered the short when they were basically around 3850 points, a point is 50 Hong Kong dollars, and now they are going to lose 162 * 50 Hong Kong dollars, that is, 8100 Hong Kong dollars, and they are now doing the Hang Seng Index short single is 1 million hands, if they buy at such a price to return, they will lose 8.1 billion Hong Kong dollars, which is not counting the handling fee, which they absolutely do not want to see.

This time, they invested 2.5 billion US dollars together, guaranteed by Hang Seng, Standard Chartered and HSBC, using 10 times leverage to short the Hang Seng Index, and using 500 million US dollars to finance Citibank 10 times to acquire shares in the Hong Kong stock market, which was used to suppress the Hong Kong stock market.

Now they not only have to pay attention to the futures on the replenishment, but also pay attention to the situation on the stock market, now due to the sweep of the Li consortium, they have no loss in this regard, but in the Hang Seng Index futures on the loss is large.

Fortunately, the amount they did was not too large, and the leverage was not too high, otherwise the loss would have been even worse this time.

One of the young men said: "It seems that we have miscalculated this time, the focus of the Li consortium has always been on the side of Xiangjiang, look at some of their preparations today, as soon as we act in the morning, the other party will immediately conduct a live broadcast to enhance the confidence of shareholders, and the other party has been waiting for us to do it for a long time."

The same is true for the Xiangjiang government, the other party must have been ready for a long time, just to make a move at this time, I personally suggest that everyone clear the Hang Seng Index short positions as soon as possible to reduce the loss of our actions. ”

This time, they hoped to drive the Xiangjiang shareholders to sell their stocks, so that the Li consortium would not have sufficient funds to protect the disk, but the Li consortium's series of actions did not play any role in their purpose.

Relying only on their financial resources, how can they suppress the alliance between the Li consortium and the Xiangjiang shareholders, if they don't come out at this time, they may fall deeper and deeper, and the Li consortium will definitely not let them withdraw easily.

They know very well that many of their short orders during this period have been picked up by the Li consortium and its allies, and they will definitely continue to pull up the Hang Seng Index.

The person in charge of Citi said loudly: "You are the famous fund leaders on Wall Street, what, this problem is ready to retreat, this time the funds are just a drop in the bucket for everyone, originally we are just testing the strength of the Li consortium, since they want to play, we might as well play a little bigger, I propose that everyone mobilize another 5 billion US dollars, 3 billion 10 times the leverage smashed into the Hang Seng Index, 2 billion US dollars financing 10 times smashed into the Xiangjiang Stock Exchange, see how much money the Li consortium has to protect the disk." ”

Many of the funds present are behind the major American consortia, and they also have the meaning of the consortium behind them this time, and this time it is led by Citigroup, also because in their future plans, the Citigroup is mainly aimed at Xiangjiang, and the California consortium, the Texas consortium, and the Southern consortium are aimed at Japan.

It's just that at this time, such a big bet was made, and these funds were really unwilling, and they all found reasons to discuss with the forces behind them.

……