700 floating profit of 39.7 billion US dollars, HSBC total account net value of 99.7 billion US dollars!
At this moment, in an old building in Tokyo, Sparx Asset Management, the trading room is filled with an atmosphere of fear and despair!
A trader said anxiously: "What the hell is going on with the president?" He saw that the Nikkei 225 index had closed at the 14,000 level, and they were going to stop the loss, but their president Abe Hidehei did not show up today!
And the phone doesn't work!
The Nikkei opened with a gap of 300 points, directly crossing the position where they originally intended to stop loss, and they have been resisting because Abe Hidehei did not come to the company today!
Another trader said in a daze, "What the hell is the president doing?"
"The phone is also turned off!"
"We're about to blow up now!"
"Alas!"
"What the hell are we going to do?"
At present, they hold a long position of 700,000 contracts of the Nikkei 225 Index in their account, and the average position is exactly 15100, and the average fluctuation of one point is a profit and loss of $3.5 million!
At the moment, their account is floating with a loss of 1,100 points, totaling $3.85 billion!
There are less than $100 million of funds available in the account!
If the Nikkei 225 index opens and falls again tomorrow, their account will soon be liquidated!
Another trader said uncertainly: "If the Nikkei 225 index opens tomorrow and gaps by dozens of points again, we will blow up!"
Now they only have less than $100 million in margin left in their account, and the Nikkei 225 index, as long as it falls by 30 points at the opening tomorrow, they will blow up!
"President, where the hell has he gone?"
"Could it be that the president ran away?"
Last night, he also saw the collapse of the stock markets in Europe and the Americas, and he also knew that the Nikkei 225 index would also plummet today, but he didn't expect that it would gap by 300 points at the opening, and then fall by another 300 points, a total of 600 points, and the loss in their account increased by $2.1 billion again today!
From the original floating loss of 1.75 billion US dollars, it has become a floating loss of 3.85 billion US dollars!
Another trader listened to the words 'the president is going to run away', so he panicked and said, "What are we going to do this time?"
"What are we going to do if the president disappears?"
"That's a loss of so many dollars!"
"What are we going to do?"
"It looks like the company is going out of business this time!"
"Alas!"
Listening to the trader's words, another trader also said anxiously: "The presidents have run away, what should we do?", he didn't expect that their president, Abe Hidehei, chose to run away in such a time of crisis!
Another trader said in horror: "This time I lost so much money, and the customers will definitely redeem all their funds when the time comes!"
"We're one step away from going out of business!"
Hearing this, another trader said in despair: "Alas, if the liquidation is liquidated this time, I don't know how much money I will lose!"
Hearing that it was liquidated, another trader said in horror: "If the Nikkei 225 index continues to gap tomorrow, and then falls sharply again, we will be liquidated, and the Nikkei 225 index will accelerate the plunge!"
Speaking of this, everyone took a deep breath of cold air, and their backs were covered with cold sweat!
At this time, an old trader walked into the trading room and said to everyone: "On the way to the company again, the president had a car accident and is currently being rescued!"
"We'll close the position tomorrow!"
"Don't wait for liquidation and then be forced to close your position!"
"At that time, our 700,000 long orders, if the position is closed, the Nikkei 225 Index will definitely fall sharply!"
"At that time, we may lose so much that we won't even have much margin left!"
·· When everyone heard the words of the old trader, they were silent, and their hearts acquiesced to this practice!
······
At this moment, Xiangjiang, HSBC Building, Black Shirt Capital Headquarters, and trading room are cheering!
Asian stock markets fell sharply across the board this morning!
The whole world has not recovered from the shock because of the previous sharp decline in the European stock market and the American stock market, and it has ushered in shock again!
All kinds of news are flying all over the sky!
All kinds of comments are overwhelming!
All kinds of cow ghosts and gods have appeared!
Kenneth Rogoff, an economist at Harvard University, said that perhaps the United States would not have the strongest performance this year as widely expected, a suspicion that contrasted with the atmosphere he felt last month when he spoke with business executives and policymakers in Davos. In Davos, he said, he felt a great sense of optimism, as if nothing would go wrong in the global economy.
****(. Economists at Morgan had expected global growth to rise to 3 percent this year from 2.4 percent last year, buoyed by improved conditions in advanced economies. In a report to clients on Friday, they said they may have misjudged the building of factors that were dragging down growth.
Bruce Kasman, chief global economist, said the global economy was quite strong at the end of last year, and now it looks like the economic outlook is at greater risk than before.
Standard Chartered: In addition to the equity market, the interest rate market also reflects doubts about the outlook for economic growth. The yield on the 10-year Treasury note, which usually falls when the outlook for growth and inflation is gloomy, has fallen to 2.62% from 3.04% at the start of the year. Yields on Dongying, German bunds and UK gilts also fell.
Expectations for the Fed's next move have also changed. Last summer, when the Fed began to shrink its bond-buying program, investors thought the Fed was not far from raising interest rates, but now they believe that the Fed will keep short-term interest rates near zero for longer to combat low inflation and low growth.
At the Chicago Mercantile Exchange, investors rushed to buy federal funds futures, signaling that investors expect the Fed to shelve its rate hike plans, which some Fed officials are encouraging.
Charles Evans, president of the Federal Reserve Bank of Chicago, said in Detroit that he now expects low inflation and a still-high unemployment rate to mean that short-term policy rates will remain near zero for most of 2015.
Since the beginning of the economic recovery, the U.S. economy has been in a state of slow growth. Consumers are reluctant to spend aggressively, in part because they want to focus on paying off their debts. At the same time, companies are reluctant to invest and recruit. After growing at 3.7 percent in the second half of 2013, Fed officials, as well as many private economists, believe the US economy will achieve a breakthrough this year.
HSBC: Believes that some of the headwinds hindering economic growth have dissipated. This optimism may be premature, but it's also hard to say, as the recent spate of weak economic data may have been the result of bad weather in December and January, rather than a real economic slowdown.
Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, said in a speech in Winchester, Virginia, that the Fed should not be too optimistic about the future if it is to learn from the lessons of the past.
Lake said that the acceleration in economic growth at the end of last year was undoubtedly gratifying, and he welcomed it, which could be a harbinger of future economic growth, but from his personal experience with the Fed, as well as similar recent developments, it may be too early to make such expectations. He believes economic growth will fall to about 2 percent, the level it has maintained since the Great Depression.
Swedish appliance maker Electrolux AB is also faltering in some emerging markets. Keith McLoughlin, the company's chief executive, said on a conference call that demand in Latin America continues to slow, mainly due to slowing demand in Brazil.
After growing by 7.5 percent in 2010, Brazil's economy grew by only 1 percent in 2012 and about 2.5 percent in 2013. On Tuesday, Brazil reported that industrial production contracted 3.5 percent in December from the previous month, its worst December since 2008. Like other emerging economies, Brazil has raised short-term interest rates to control inflation.
·····
Suddenly, a trader said to Chen Hui: "Boss, do we continue to hold short positions?"
The trader's words immediately attracted the hot eyes of all the traders!
In their eyes, if they continue to hold it, they will definitely make more money!
At present, Chen Hui holds a short position of 2 million contracts of the Nikkei 225 Index in his private account, with an average position of 15,300 positions, and each index point fluctuation is more than $100 million, with a total profit of 1,300 points, which is a profit of $13 billion.
Last night, the world's major indices plummeted, and the short Dow Jones index spent $6 billion in margin, with an average position of 16,200, and is currently making a profit of 900 points, with a total floating profit of $6.6 billion!
Shorting the NASDAQ spent $6 billion in margin, with an average position at 4150, and is currently making a profit of 180 points, totaling $5.2 billion!
It also cost $6 billion to short the S&P index, with an average position at 1800, a total profit of 60 points, and a total floating profit of $4 billion!
Shorting the British FTSE index also spent $6 billion on margin, with an average position at 6750, and a profit of 300 points is currently in place, with a total floating profit of $5.3 billion!
Short the German DAX index spent $6 billion on margin, with an average position at 9550, a total profit of 450 points, and a total floating profit of more than $5.6 billion!
Calculated that Chen Hui's private account currently has a total floating profit of 39.7 billion US dollars, and the current net value of his HSBC bank accounts is 99.7 billion US dollars!
At this time, Chen Hui smiled, and he didn't care about what those experts and bull ghosts said!
shouted at the crowd
"The world's major stock markets have plummeted, causing panic, and they will continue to fall tomorrow!"
"But we don't earn the last copper plate!"
"There will definitely be a lot of sell-offs tomorrow!"
"Many short-chasing investment institutions will also enter the market!"
"This is a good opportunity for us to close the position!"
"Now give me all a rest!"
"In the evening, the European stock market, the American stock market will definitely start to continue to fall!"
"When the time comes, you seize the opportunity to close the position too!"
"Turn floating profits into real profits!"
···
"Yes, boss!" shouted in unison, and then scattered and ran to the lounge!