October 19, 7:30 a.m. U.S. time.

The U.S. stock market is about to open.

Almost all the eyes of investors around the world have converged on this, and experts in the industry have speculated that the global stock price crash is closely related to the US financial market.

Therefore, the next trend of U.S. stocks will largely determine the rise and fall of the entire world financial market in the future.

When John Filming, chairman of the New York Stock Exchange, came to the office, the staff on duty in the marketing department hurriedly presented a report on the receipt of orders in the computer automated trading program.

The report shows that there are currently orders for nearly 100 million shares on the market, and almost all of them are sell orders!

The officer on duty sweated profusely and said: "Chairman, I have never seen so many sell orders in my life, as if no one in the whole world has bought them!"

Although Fei Lin didn't speak, his hand holding the report card couldn't help but tremble.

He knew that God had not been able to favor the United States after all, and his prayers for two days had no effect.

It's time to come, but it's still coming......

An hour and a half later, when the exchange was ready to open, due to a serious imbalance in buying and selling, the market structure was disrupted, and it was even impossible to officially open!

Filming immediately ordered someone to calculate the situation of IBM, which has 3 million shareholders, it is the hottest stock in the market, and the price fluctuations in the past are only within 15 cents, and occasionally fluctuate to 35 cents, which is a very rare phenomenon, and soon, when the calculator submitted the quotation, Filmin was dumbfounded!

As soon as IBM's stock price opened, it fell by $10 from last Friday, which is the dollar!

The grim situation of the entire market can be seen from this.

Filming immediately made a decision and asked the chairmen of the dozen or so largest securities companies on Wall Street to hold a meeting at 10 o'clock.

In the resplendent conference room, there was no longer the chatter and laughter of the past, and more than a dozen people in the global financial industry had gloomy faces as if they were about to drip water, and the sky outside the huge shutters was engraved.

A dark cloud enveloped the entire Wall Street.

Fei Lin summoned them this time to ask for only one thing - whether to keep the market open!

Judging from the situation at this time, if the market is insisted on, all the stock prices in the exchange will be blown all the way, and professional stock dealers (i.e., self-dealers) can only buy, not sell, and will soon have no funds to turnover.

If the market is closed, it will make people lose confidence in the market even more, and the consequences are unpredictable.

This is a double-edged sword, Rao is Feilin, and he doesn't dare to assert himself.

More than a dozen financial industry leaders expressed their views one by one, some insisted on opening the market, others suggested suspending the market, and the opinions could not be agreed.

"Alright!" Film, who was in the first place, suddenly regretted that it was a mistake to call this meeting, which did not give his restless heart a moment of peace.

"Since everyone has their own opinions, then, vote by a show of hands!"

The United States has always been a country that pursues democracy, and there is no objection to this proposal.

"If you agree to suspend the market, please raise your hand. ”

Everyone, you look at me, I look at you, and finally, three people raised their hands.

The result is obvious, for the sake of the long-term interests of the stock market, in order not to let shareholders completely lose confidence in the market, the vast majority of financial tycoons did not choose to retreat, but decided to carry it.

"Then I know, in half an hour, all the stocks on the exchange will be opened. Fei Lin got up and left his seat, and the whole person seemed to be ten years old, leaving others with a lonely back.

At half past ten in the morning, the New York Stock Exchange officially opened.

The Dow Jones fell by more than 100 points in an instant, however, everyone in the exchange knew that this was only the beginning of bad luck.

On hundreds of computer screens, the numbers behind all the stock symbols were jumping frantically downward, and no one on the scene had ever experienced such a scene, at most, from books, a little bit of the stock market crash in 1929.

So, no one knows what to do at this point other than to record data.

Or rather, they find that everything is in vain.

Just a quarter of an hour later, the Dow Jones fell to 2,000 points, which is already the limit of what investors can afford. And yet, it came so fast.

As the saying goes, blessings are incomparable, and disasters are not singular.

In the face of the huge crisis in the U.S. stock market, David Ludd, chairman of the U.S. Securities and Exchange Commission, who had just taken office, spoke at 11 o'clock, and in response to a reporter's question, he said euphemistically: "The possibility of a short suspension of the market to deal with the imbalance of orders cannot be ruled out." ”

He probably didn't expect that when these remarks were transmitted to space through the Reuters airwaves and returned to the ground, the euphemistic words turned into a "bombshell"!

The U.S. stock market, which had begun to collapse, was blown to pieces in an instant.

The stock market has once again set off a new round of selling frenzy, and investors' confidence in the stock market has been shaken.

This is a chain reaction, in fact, "following the trend" is a common trait of human beings, and it is not simply a race of people.

In the afternoon, not only stockholders were frantically selling, but even institutional investors who bought stocks with pension funds, mutual funds, insurance funds and other funds also joined the sell-off, and under the bombardment of this huge number of heavy artillery, the already precarious Dow Jones index poured all the way to 1900 points.

The last line of defense collapsed, and the frenzied stock market was like a boiling oil pan dripping cold water, and the whole exploded, and the shouts of selling were deafening. What's even more terrifying is that the computer automatic quotation system is overwhelmed, and the quotation is displayed at least 80 to 100 minutes later than the transaction time, and no one knows whether the computer designed for the trading volume of 600 million shares can withstand this kind of shock, let alone where the price will fall.

In the end, sure enough, even the computer trading system crashed.

In the major exchanges in the United States, traders who could only wait for the stock price to do anxious things finally have something to do......

After a few hours of statistics, the Dow Jones index closed from the opening of 2247.06 points to 1738.74 points, a drop of 508.32 points, a decline of 22.6%, becoming the largest decline in the US stock market since the First World War.

This decline far exceeded the 12.8% drop on October 28, 1929.

In just one day, the United States lost $500 billion in stock market value, which is equivalent to 1/8 of the annual GNP value of the United States, or the annual GNP value of France.

On that day, the New York Stock Exchange's records were rewritten: 800 million shares were traded, more than three times the average daily volume in 1987, and 470,000 orders were received. The average was 21 times per second, compared to an average of 144,000 times per day that year, and an average of only 7 times per second.

U.S. stocks plummeted, and the world wailed.

It is not difficult to imagine how much impact this data will have on other financial markets around the world tomorrow.

Hong Kong Stock Exchange.

In Hong Kong in this era, the title of "principal" by no means belongs to Tam Wing-lun, but to the first chairman of the Hong Kong Stock Exchange, Li Zhaofu.

That night, the lights of the Hong Kong Stock Exchange were bright, and executives sat in their offices, trembling through stock trading software, keeping an eye on the Dow Jones index.

When the U.S. stock market closed, everyone was sweating profusely, and two words came to their minds - it's over!

And in the next moment, they received a message from Li Zhaofu: everyone, immediately go to the conference room and hold an emergency meeting!

You must know that it is already more than four o'clock in the morning, which is destined to be the most difficult night for investors in the world, and there are countless rooms with the sound of beating their chests and even crying.

Except, of course, in the Harbour Building, which is not far from the Stock Exchange at the moment, the office is also brightly lit.

"508 points!"

"Actually, it's done!"

"God, we ...... I actually won!"

"Oh my God, can anyone tell me what just happened? I feel like my mind is blank!"

He Shihan and the five of them still have the image of the stock market elite in the past, although they are still dressed in suits, but they have long been red-faced and have lost their manners.

Especially Ah Hua and Ah Wen, the two guys, jumped directly to the desk, writhing their bodies crazily there, and danced awkwardly.

"Haha...... Boss, I'm convinced. Uncle Luo laughed and looked at the young man who had sat on the sofa all night, sipping coffee and humming a little song leisurely.

It's like an iron egg!

Rao is the iceberg beauty Wang Shanshan, who is so happy to laugh, hugging He Shihan and dancing in circles.

"Drop my knees, gods. ”

Ah Hua, the funniest of the five, jumped off the table and came to Li Yadong.

He didn't just talk, he just knelt down with his legs.

This kneeling, willingly, convinced.

U.S. stocks fell 508 points, but the man in front of him shorted U.S. stocks by 500 points!

It's a god-like operation!

If this can't afford to be called the "god of stocks", then who in the world can afford it?

Warren Buffett?

Wash up and go to sleep.

"Okay, didn't you just win a battle, as for being so excited?" Li Yadong didn't have a good breath.

He didn't know what Ah Hua was thinking, how he won this battle, he knew it, he was happy, but he couldn't look at no one.

For Warren Buffett, Gross and others, he has always been in awe.

"Stock God, Stock God, Stock God ......" Ah Hua didn't get up, grabbed a Coke bottle on the glass coffee table, and regarded it as something like a "trophy", but began to raise his arms and shout.

His good friend Ah Wen also jumped off the desk at this time, and also shouted: "Stock God, Stock God......"

Influenced by them, the other three behind him also joined the ranks of the "coronation of the god of stocks".

The sound of "stock god" is endless, resounding on the twelfth floor of the entire Harbor Building.

That is, there is no one in the next few companies at this time, otherwise I would definitely be tempted to come over to see the excitement.

"You guys ......" Li Yadong was made to laugh and cry by them, "Don't bring me a high hat, I can't afford these two words." ”

Rao is the thickness of his face, and he is flushed at the moment.