VIP Volume 1270 Where the Profit Is
In less than half an hour after the market opened, the broad market index fell to 2997.54 points, but after falling to 2997.54 points, all the stocks entrusted to sell were bought in large quantities, and the decline eased.
However, during this time, another batch of orders for consignment was put on the page, and the "mystery buyers" still bought in large quantities, and the market index has always been shaking around 2997 points.
Until half past eleven noon, the market finally remained closed at 2996.37.
However, when the market opened again at 1 p.m., the broad market index fell sharply again, and a large number of selling orders were listed, and the broad market index fell directly to 2990.74, and it was about to fall below 2990 points.
The "mystery buyers" struck again, buying in large quantities, and in the end, the broad market index barely managed to close at 2990.12.
Li Hongquan, Yi Wen and others looked at the freeze-frame market index, and they all sighed secretly.
It seems that those people are still thieves, and even after the government took action, they still chose to harden the Chinese government.
Is it hot-headed, reckless bravery?
Even Zhang Kun would not believe this statement.
Foreign capitalists have always believed only in the supremacy of profits, and they have truly implemented that the economy is the economy, and all economic activities are for the purpose of making profits.
Moreover, to be called an international financial giant, recognized by countless foreign capitalists, launched to be the host of the action, and to control so much money, will he be the kind of person who is brave for a while?
After discovering that the Chinese government had come to the rescue, they still chose to be tough, and they can only say that the possible benefits in the future are enough to make up for the losses caused by their toughness against the Chinese government.
In addition, they have enough cards to think that even if the Chinese government has been involved in bailing out the market, they can still achieve their goals.
And these two points made Li Hongquan worried.
In the end, how far do they want the market to fall in order to make up for the losses caused by the tough government.
Then, how many chips and hole cards do they still have in their hands, and they feel that they have an absolute chance of winning with the participation of the Chinese government.
Although things are never absolute, and so is victory, those capitalists and financial giants who dare to act like this must have the vast majority of chances of winning, otherwise it is absolutely impossible to act rashly.
Because even if they back down, they've already made enough money out of the Chinese stock market.
This amount of money is in the hundreds of billions.
In the present
At the beginning of the year, the market index was only more than 3,000 points, assuming that foreign capital began to deploy since last year, then it means that most of their funds entered the market at about 3,000 points in the market.
In less than half a year, the market was hyped up to more than 5,100 points, and then they began to slaughter and sell the stocks in their hands.
Even if they didn't sell all their stocks at the peak, and the other losses were added, their overall profit would have been more than 40 percent.
Since November 2002, when QFIIs (foreign capital) were officially approved to enter the A-share market, QFIIs have continuously asked the CSRC and the State Administration of Foreign Exchange to increase their investment quotas.
Then it was finally approved, from the initial total investment of 4 billion US dollars, to the present, on the basis of the existing quota of 6 billion US dollars, the total amount to 10 billion US dollars, close to 80 billion yuan.
But this is only on the surface, in addition to state-approved investment, there are multiple ways for foreign capital to enter China's stock market.
Although the state, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange have tried their best to improve the rules of the stock market, as mentioned earlier, it has only taken 19 years for China's stock market to develop from the beginning to the present.
There are so many holes that can be exploited.
Then, it would be a joke to try to manipulate the Chinese stock market, which is enough to be called the world's largest even if it has only been developed for 19 years, and there is little capital.
Li Hongquan conservatively estimated that in the two years from last year and this year, at least 500 billion yuan of foreign capital entered China's stock market through various means.
500 billion, more than 40% of the profit, that is a full 200 billion yuan.
In other words, even if they let go now, they will take at least 200 billion profits from the Chinese stock market.
But even so, they still did not choose to let go, but chose to harden the Chinese government when the Chinese government participated in the bailout.
Where is the bottom line of profits they are looking forward to, what cards do they have, and they feel that even in the face of the Chinese government, there is still a possibility of victory, and it is very likely.
Therefore, Li Hongquan felt deeply worried.
At this time, Zhang Kun came to Li Hongquan and asked a question: "Professor Li, I have a question that I don't understand, can you help me answer it?"
Li Hongquan nodded.
"Professor Li, I don't understand if those circumstances
If foreign capital wants to make money, then shouldn't it be bought at a low price and then sold at a high price? Why don't they sell it all when the stock market is at its highest?
"If you use the stocks in your hands as hole cards and sell them now even lower than last year's broader market index, won't they also lose money on this part of the stocks?"
Because of this action, although Zhang Kun doesn't like the stock market, after all, he invested so much money into it, even if Zhang Kun had the intention of losing money from the beginning, and he also said that everything would be handed over to Professor Li Hongquan.
However, when Zhang Kun is free, he will still find some books related to stocks to read, and then these days he and Li Hongquan are together every day, and Zhang Kun will occasionally ask some questions related to stocks.
So now, Zhang Kun has a little bit of an understanding of stocks.
That's why he couldn't figure it out.
You said that shorting the Chinese stock market in order to make money, Zhang Kun can understand, but if you want to make money, shouldn't you sell it all at the highest level?
So why is it entangled until now?
Hearing Zhang Kun's question, Li Hongquan showed a sneer on his face, then sighed slightly and explained to Zhang Kun.
"There are two reasons, first, there are a lot of stocks held by foreign capital, and if they are sold all at once, they may not all be sold, and if they are not good, they will cause panic in the stock market instantly, and then it will not be an avalanche, but the entire stock market will collapse, and directly attract forced government intervention. ”
"After all, the stock market crash and the whole crash have completely different meanings. ”
"The second is that the interests of China's stock market are not only the profit margins in stock trading, but also the Chinese capitalists who want to buy the stock market. ”
"There are still a lot of high-quality companies in China, and those companies, even foreign capital, are very greedy. ”
"On weekdays, either the government does not allow Sino-foreign joint ventures, or if you want to buy equity, you need to pay a huge price. And if you buy a large amount at the lowest time of the stock market, the price you need to pay is much smaller. ”
"If the stock price difference is to make money in the present, then buying those high-quality companies is where the visible profits in the future lie. ”
"International financial giants, their vision is very long-term. Li Hongquan sneered.
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