Chapter 180: The discount expands
"In a point to the surface, once the dollar and Hong Kong dollars cut interest rates, the biggest benefit is the real estate and stock market, compared with the banking sector, the interest rate cut for the real estate sector stimulus, is likely to be beyond expectations, far away I am afraid it is difficult to say, at least in the interest rate cut expectations, the real decision is not completely out of the front, long stock market is a good opportunity for risk-free arbitrage." In the face of Wang Lin's speculation, Zheng Fan's ten fingers fluctuated, and it seemed that the details and plans had been deduced to a certain extent.
"Risk-free?"
Although Luo Hong was secretly shocked by Zheng Fan's train of thought in his heart, he still felt that his statement was not rigorous enough.
At least in Luo Hong's view, there is no such thing as risk-free in the capital market.
"The Hang Seng Index has been in a state of shock and decline since it opened in the morning, isn't the risk being released? Although it is not 100% certain, the capital market is about chance. Zheng Fan said with a playful smile.
"Indeed, if you are in the boss's way of thinking, if you enter the market long now, the probability of winning is much greater than the probability of failure, especially in the abnormal decline of the real estate sector, this may be an opportunity." Chang Xufa had to admit that the young boss in front of him was really not simple.
"Offer."
While Zheng Fan walks around the self-operated department, he occasionally glances at the Hang Seng Index trend on the big electronic screen.
"The Hang Seng Index opened at 11,310 points, after the fall in the morning, more than an hour of trading, is gradually fluctuating lower, and now it has reached 11,205 points, down 146 points from the closing point of 11,369 on the previous trading day, looking at this posture, 11,200 points may not be stop." The girl Ji Keying was already suspecting at this time that the reason why Zheng Fan didn't operate might be waiting for an excellent trading opportunity.
"It's still not extreme enough, the drop is 2%, it seems to be too thin!" Zheng Fan shook his head, as if the downward trend of the Hang Seng Index had not reached his ideal state.
"It has fallen a lot, and if the decline of the entire Hang Seng Index is put outside 2%, the lethality will be very large." Chang Xufa didn't dare to imagine.
"Since it is determined that it is an abnormal decline, I should get out of an abnormal situation, if I control the market and spend so many chips to suppress, I must not accept such a painless result." The smile on Zheng Fan's face gave people a sense of extreme danger.
"Are you saying that the heavyweights on the Hang Seng Index and the real estate sector are under pressure today, and someone is deliberately pressurizing?" The woman, Luo Hong, asked as she carefully observed the plate.
"I have to say that the slowdown in the U.S. economy reported last Friday is a good opportunity for short-term suppression, but if you pursue results too much, it will become deliberate, and it will give people an opportunity to take advantage of. Zheng Fan rubbed his hands and said.
"So to what extent is your entry standard?" Wang Lin was very curious about the opportunity to make money.
"I remember that in the morning, the Hang Seng Index futures contract of the month, compared with the spot index discount of 70 points, I don't care how the spot of the Hang Seng Index goes, as long as the current month futures index and the spot point discount, reaching 150 points up, it is a good opportunity for us to enter the market." Zheng Fan's statement made Chang Xufa and Luo Hong, who knew something about the market, show surprise one after another.
"Do you want to operate the September futures contract?"
Chang Xufa has indicated that he is more optimistic about the October futures contract.
"Because of the relationship between the delivery of the penultimate trading day at the end of the month, the volatility of the current month is much larger than that of other months, and now it has passed the middle of the month, if you can make the right direction, you can have more than expected returns, and now the long and short positions of the September contract are not heavy, and there is a need to continue to expand positions, short-term trading is far more intensive than the October contract, which is very suitable for us to enter the market to establish positions, and there is no super main force stationed on both sides of the long and short sides, which also gives us room to move around." Zheng Fan thought deeply and carefully.
Among the people present, only Wang Lin knew that Zheng Fan's series of overall layout was definitely not so simple to complete, and he couldn't say how long he had been staring at this piece of fat.
"The idea of choosing September, should be correct, the October contract of the futures index, the number of long and short positions is not small, if you think about it according to his ideas, it is very likely that there is a strong main force of the long and short sides, especially in the case of defining today's Hang Seng Index trend as abnormal, entering the October contract, which will only exacerbate the uncertainty, but is lighter, and the short-term trading is more active in the September contract, which is more in line with the spot, and the volatility is more intense, which is very suitable for speculation." Luo Hong secretly analyzed Zheng Fan's thoughts.
In just over an hour, Zheng Fan will make a detailed guess on the market trend of the Hang Seng Index through a series of analyses without an information clerk in the proprietary department of Tatfook Bank, so that Chang Xufa and Luo Hong's thinking is also clear, which is simply too shocking.
In particular, Zheng Fan is still a mainlander, and such a detailed analysis of the situation in all aspects is completely incredible for the remaining three traders in the proprietary department of Tatfook Bank.
At this time, Chang Xufa even remembered the questioning of the trader who was laid off before, and Zheng Fan's big stabbing reply, because he was the boss, and what he said was the standard.
"Although Chang Lao is a good representative of the market, but for the market grasp, it is still a lot worse, the little girl Ji Keying is completely unqualified, placed in Luo Hong, if you cultivate well, maybe you can still improve, not to mention the position of the self-employed minister, as the main operator of the self-operated department, you should be competent." Although Zheng Fan was thinking about it, he didn't look at the three traders.
At this time, although Chang Xufa and the three of them were surprised by Zheng Fan's train of thought, they didn't know that he was just warming up for the operation of the Hang Seng Index futures contract.
In anticipation of the Federal Reserve's interest rate cut, Zheng Fan even set his sights on the international gold futures trading that Chang Xufa and the three of them did not dare to imagine, because this commodity trading variety is not only very high, but also closely related to the US dollar interest rate.
"No matter where this kind of capital monster goes, as long as there is a grasp of the operation, it may mean huge benefits, no wonder he looks down on the domestic soybean futures, and he has to come to Hong Kong to earn his life, in terms of his ability, in the capital market with little policy intervention, the speed of predation of profits, is likely to increase significantly, if the capital market is regarded as the law of the jungle, the scale of the Hong Kong capital market, the depth of the water, and the amount of food, no matter how you look at it is very ideal." Wang Lin also has her own little abacus in her heart.
"You have to leave after today, don't force me to chase you in a tough way." seems to see the mind of Wang Lin, a money fan, Zheng Fan's statement, there is no room for negotiation.
"Can't I just follow along here?"
Wang Lin, who realized her shortcomings in the proprietary department of Dafu Bank, was very angry with Zheng Fan, who was pulling his face, and his voice increased a lot.
"No, I'm willing to learn to go somewhere else, I'm not welcome you here." Zheng Fan glanced at Wang Lin, with a look of disgust on his face.
"Zheng Fan, you are too much of a bully, you know, I have helped you before." Wang Lin couldn't stand Zheng Fan's attitude and shouted aggrievedly.
"What about when this is your home? If you want to sprinkle, don't look at the place, don't say that you have helped me before, and it has been repaid, even if I owe you a favor, it is not a reason for you to stay in Dafu Bank, the most taboo thing for an investment institution is that there are outsiders watching, and the situation of the rat warehouse, you have also listened to me, and the affairs of the self-operated department, not a word is allowed to be said outside. Zheng Fan showed a serious expression and looked at everyone, including Ye Qian and Qin Yan.
"Boss, I will definitely be loyal to you and the company." Luo Hong took the lead in expressing her position, obviously feeling that Zheng Fan was not easy to get along with.
"Look at your stupid appearance, don't rush to be loyal, from tomorrow, I don't want to see you again in the self-management department, go back and think about what kind of work you can do, and then come and tell me." Without waiting for Ji Keying's words, she was hit by Zheng Fan's unscrupulous words.
"Boss ~~~"
is different from Wang Lin, the girl trader Ji Keying, even if she has grievances, she doesn't dare to argue with Zheng Fan.
"The chairman is like this, since he didn't lay you off, he has already given you a chance, working under him, all of them are boiled out little by little, I was an errand boy before, and I was instructed by him like a puppy, isn't it the same now?" Just when the girl Ji Keying's tears were swirling, Ye Qian hurriedly came to her side, approached her ear and comforted her in a very low voice.
"Can't I join Tatfook Bank?"
Wang Lin didn't care about the girl trader, she just thought about how to seize the opportunity.
"When I'm here for the eldest lady's shelter? Although I admire people with strong perseverance and no face and no skin, but you as a woman also have to pay attention to some influences, it is better to give me moderation, otherwise we will not even be friends. Zheng Fan pouted unceremoniously.
"Don't be stunned, the offer, or you have to be scolded for a while, when I used to work in the securities company, even if I only do the counter, but I also know that the trader's offer can not be stopped, a good offerer must keep talking, and the trader has some differences, the dealer can not only expand the decision-maker's thinking, the change of the disk in a timely manner, raise doubts at the same time, can also be used as the second brain of the operation." Ye Qian reminded Ji Keying in a timely manner.
"The Hang Seng Index has begun to accelerate its decline, it has broken 11,200 points, and it is still killing, not only the September futures contract, but also the discount between the October futures index contract and the spot, are constantly expanding, exceeding 100 points, and some of the leading stocks in the real estate sector are concentrated in the intraday intensive selling pressure...... Although Ji Keying's voice was a little choked, he still tried to amplify his voice.
(Thanks to the anonymous 3049957 for the eight red envelopes, the second one was delivered.) )