In midsummer July, A-shares ushered in the darkest period of shock.

The stock market plunge was exacerbated by the central bank cutting the renminbi against the US dollar after the central bank lowered the exchange rate against the US dollar, falling below the resistance level of 3,000 points, and the actual data on China's export trade was far worse than expected. Stocks in all sectors followed the broader market all the way down, and the shares of its Dongdong Sheng Group approached the fall limit.

A series of official measures to protect the stock market have no effect, the stock index continues to decline, the stock market trading volume is shrinking day by day, and several foreign financial institutions have coincidentally published an assessment report on "China's stock market continues to be bearish".

During this time, although Lin Li was out of danger, he was still under observation. She lay idle in her hospital bed, checking the news on her phone.

In addition to the news mentioning concerns about the outlook of China's stock market, there are also several commentator articles on the financial analysis of Dongsheng Group.

"Dongsheng acquired several pharmaceutical companies earlier, and now the stock price has plummeted by 35%, and the company's market value has shrunk seriously, and it is likely to face a shortage of funds."

"Dongsheng once failed to restructure two years ago, but after the resumption of trading, it rose and plummeted, and the stock price fluctuated in a wedge; Now that Dongsheng's stock price has once again shown a wedge swing, I have to suspect that the company is exaggerating revenues, earnings and other financial figures, and there is a suspicion of securities fraud. ”

A series of reports are all singing about Dongsheng, and the article concludes: "As of the date of publication, Dongsheng's senior management refused to answer the above questions, and its 'cold' attitude makes the author deeply regretful." ”

Lin Li lifted his gaze from the screen of his phone and looked out the window at the night.

On that day, Ji Yunchong asked her if she had revealed anything to Xiao Huai during the reception, which was equivalent to indirectly proving that he had done something illegal. She doesn't understand finance, but she knows that the penalties for securities fraud are astronomical and can lead to the bankruptcy of the company.

Lin Li thought about his thoughts for a while, and his temples began to ache faintly. The fever in her spleen had not subsided for the time being, and she was still feverish and weak, so she closed her eyes and rested.

I don't know how long I slept, and I felt a hand gently brushing the hair from her forehead. Because of the continuous fever, she was dizzy, and she lifted her eyes with great difficulty, and a face appeared in her hazy and blurred vision.

The face was a little far away from her, and the outline of her facial features was hidden in the darkness and looked unreal. She pursed the corners of her lips and murmured, "? ”

The hand that rested on her forehead froze for a moment, slowly covering her eyebrows, covering her vision, clearly coaxing her to sleep.

She groaned and fell into a deep sleep again.

For a long time, when the only sound in the silent room was the sound of her even breathing, the sound of the monitoring instrument working, the hand slowly moved down, wiped the beads of sweat from the tip of her nose, and lingered on the smooth and delicate skin for a while before withdrawing.

*

When Lin Li woke up again, the light in the hospital room was bright.

She glanced blankly at the head of the bed and saw a thermos cup and a bag of big red apples, but she didn't see Xiao Huai, only heard Xiao Huai's voice coming in through the hidden door, intermittently, as if she was on the phone.

Lin Li sat up, opened the thermos cup, and what caught his eye was a bowl of porridge with preserved eggs and lean pork sprinkled with green onions.

When Xiao Huai returned to the ward after finishing the phone call with his assistant, Lin Li was scooping porridge with a small spoon.

He silently observed her expression. She ate it in her mouth first, felt it thoughtfully, licked the corner of her mouth and scooped it again, but this time it was preserved eggs and meat, and after eating, she pursed her lips and muttered: "The craftsmanship is good." ”

He pretended not to hear, his thin lips raised uncontrollably, and it was obvious that he was very useful for her compliment.

He brushed the thermos and peeled an apple for her. She teased him while eating: "Why do you always like to buy apples lately?" Is it because the song "Little Apple" has become popular lately? ”

Xiao Huai never paid attention to pop music, and his face was confused.

With something in her mouth, she sang vaguely: "You are my little apple, I can't love you too much, my little red face warms my heart, lights up the fire of my life-"

With so many words of "fire", she was accidentally stuck in her throat by an apple for a while, and coughed heavily. This cough was terrible, and when she touched the knife on her body, she immediately burst into tears in pain.

He was distressed and hurriedly sat down and patted her back. She finally stopped coughing, raised her arm around his shoulder, and regardless of whether the tears would rub against his collar or not, her white face was thin red and pressed against his chest.

Seeing her look ashamed, he rubbed her head, his eyes full of smiles.

"I'll never eat apples again." She snorted deliberately.

"But you've got half of it left."

"Here you go." She handed it over.

He glanced at her, opened his lips slowly, took a gentle bite against the apple, and then leaned over with his head down.

The flesh touched her lips, and his erect nose touched the bridge of her nose gently. Her heart fluttered, her lips opened slightly, and she involuntarily ate the piece of apple. His tongue slid in and tangled with the tip of her tongue.

Half a minute later, his lips were slightly withdrawn, and his breath was slightly short: "Do you still eat?" ”

Her cheeks were as hot as if they had been teased by fire, and her whole person seemed to be burning even more, but she nodded dizzily: "Eat, eat." ”

After feeding most of the apples, he wiped her hands and the juice from the corners of her mouth with a wet tissue, and then hugged her intimately in his arms: "I'm going to fly to Frankfurt in a few days." The Quantum Hedge Fund is headquartered there, and I'm going to stay for a while and take care of some work. ”

Lin Fei quietly lay in his arms, and after a while, he spoke: "During this time, you have been calling frequently, and I have heard a little bit of content. Is Ji Yunchong really suspected of joint banking? ”

"Yes."

"Did you decide to snipe Tosheng because of me?"

Xiao Huai doesn't admit it, but he doesn't deny it either.

Lin Li raised his head: "I thought, as you once said to me, in our relationship, you are first 'yourself', and then my dear/close/lover. Whatever you do, don't be impulsive because of me, don't be tied by me, you are who you are, unique and cannot be changed. ”

Xiao Huai stared at her and said in a deep voice: "Lin Li, when I met you, it was the beginning of all changes. ”

Lin Li was stunned, his chest was filled with unspeakable emotions for a moment, and his eyes suddenly turned red.

Thinking that he had said the wrong thing, he took out a few pieces of paper from the carton to wipe the tears on her face, but she took his hand and choked up: "After the first car accident, I often asked myself, why wasn't the person who died? Why should I be alone in this world? Why did even my closest lover leave me? Countless questions occupied my mind, and with the prevalence of gossip at the time, I couldn't think about it for a while, so I committed suicide on the day of my parents' death. ”

This was the first time Lin Li mentioned suicide, and Xiao Huai did not interrupt her.

"You don't know, during my trip to Munich, I went to a beer hall in the south of the city and saw the audio and video files left by Ji Yunchong. He said in the video that his eyes have been looking at the darkness for a long time and want to find the light, and I am his light. But if I really are his light, why would he leave me alone in a dark world? I'm just an ordinary person, and I have moments of pain and vulnerability, but no one has given me comfort or encouragement, and all I hear is ridicule. After two full years, I couldn't take it anymore, so I decided to sell my house and go to Vietnam. ”

When Lin Li said this, tears were like bursting embankments: "After this car accident, my mood was completely different. I realized that life is short and fleeting. In this short and tumultuous journey of life, I have been fortunate to have known you, and I have been very fortunate to have your patronage, which makes me feel that I have not been abandoned by God—when God closed all the doors and windows and took away all hope, it was ready to kindle a fire in my heart for me to love you with all my heart and without reservation. ”

"I will cherish life and face every day with a positive attitude. Even though we spend very little time together, every moment I spend with you is precious. ”

As soon as the words fell, Xiao Huai reached out without warning and pressed the back of her head against himself, kissing her deeply.

In every intimate contact in the past, he had never been so intense as now, and even after the end, she rubbed her eyes and panted and said, "You hurt me." ”

He replaced his apology with action, hung his head and came again. This time his kiss was soft and lingering, slowly, slowly, bringing her a special intimate taste that is difficult to describe in words.

I don't know how long time has passed, and the warm lips reluctantly leave her.

He cupped her face: "You never say anything sweet, and it makes people happy to talk like that just now." ”

Facing the pair of eyes that were as clear as a pool of lake water, she couldn't help but blush, turned her face away, and buried herself in his arms shyly.

He hugged her and whispered after a while, "Breeze, have you ever been to Frankfurt?" ”

"Nope. What kind of place is that? ”

"It's Goethe's birthplace, and cider is abundant. When you're free, I'll take you on a trip? ”

"Okay."

"The market will continue to fluctuate for the next period of time, so you don't pay attention to the news, so as not to be upset by it."

"Don't. In the days when you're not with me, I can only count on seeing your face through the news. ”

He was silent for a few seconds and asked uncertainly, "Have we never taken a picture together?" ”

I don't know, but it's true. Lin Li fiddled with his phone and turned it into voice selfie mode: "Come and see the camera-smile-eggplant-"

With the voice command spoken, there was a crisp "click", and a double photo was successfully taken.

In this way, whoever misses whom in the future can see things and think about people.

*

A week later, Lin was discharged from the hospital, and that day was also the day Xiao Huai flew to Frankfurt.

Soon, North Asian banks, which formed the main force of USD/CNH buying, abruptly cut their positions with a large number of leveraged accounts. The renminbi market fell 600 points, and the futures index fell sharply by 4%. The stock index also fell sharply again, plummeting from 2,900 points to 2,500 points in three days.

The futures market, the foreign exchange market, and the stock market all fell. Major media have reported that this is a joint shorting of China by foreign forces.

Lin Li was shocked, looking at the time, Frankfurt should be eight o'clock in the evening, so he sent a message to Xiao Huai: "The three markets have fallen so badly, how can the bears make a profit?" ”

Xiao Huai replied: "There is a linkage between the futures market and the foreign exchange market. By shorting the futures market, international speculators have made all the money lost from the foreign exchange market in a highly leveraged way. ”

Lin Li was a little confused: "Can you explain it specifically?" ”

He patiently sent a long text: "To put it simply, each short futures contract can earn 40 yuan, and now the stock index is more than 2,500, and the book profit of each contract has been as high as 150,000 yuan, and the short contract expiring in July is actually as high as 20 billion yuan." If the stock index continues to plummet, speculators will make at least more than 50 billion yuan in profits. Therefore, the money lost by international speculators in the RMB foreign exchange market has been recouped through the futures market. ”

Lin Li made a smacking expression: "Although I don't know where the international speculators come from, I can be sure that they let you carry the black pot." ”

"How can you be sure I'm carrying a black cauldron?"

"When the stock index first started to plummet, you stayed at my bedside and said Vietnamese words, how can you have time to short China?"

The phone is silent for a few seconds, and then two emojis appear at the top of the screen: [shame] [kiss]

Lin Li replied with several "kisses" without shame, and suddenly wanted to ask Xiao Huai, she was going to leave for Vietnam next week, would he have time to return to China before she left?

She couldn't help but ask, and simply said, "What is the news that the stock market will face a fat-tail effect?" ”

"The fat-tail effect is a technical term in finance that refers to a sudden increase in the probability of an otherwise unlikely. For example, there may be some unusual events that cause a big shock in the market. ”

Lin Li thought about it: "Is Dongsheng about to face a big shock?" ”

"Yes."

"When?"

"Soon."

*

Just as Xiao Huai said, several old investment banks have unanimously announced that with China's current rate of depletion of foreign reserves, by early December this year, the central bank will have to stop supporting the renminbi exchange rate and allow the renminbi to depreciate.

Many hedge funds immediately announced that they would slash their exposure to China concept stocks and renminbi foreign exchange to hedge against risks.

The two pieces of news caused the foreign exchange market, the futures market, and the stock market to fall in response, and the market sentiment became very pessimistic. At this time, several old big investment banks once again announced that they will sharply reduce the estimated growth rate of China's GDP, which is tantamount to adding insult to injury.

The stock market continued to fall in an irretrievable decline, and the stock index once held on to 2,500 points with great difficulty, and then fell below the support level without suspense, heading straight for 2,000 points.

The fat-tail phenomenon has emerged - many accounts have sold a large number of orders at the same time, including a large number of pending orders to sell Dongsheng shares.

As of the close, Dongsheng shares fell for eight consecutive trading days.

Lin Ligang wanted to call Xiao Huai, but he tacitly dialed it and said: "The account that first sold Dongsheng shares in the past few days was because it had made a stock pledge, and now the stock has plummeted, and the debt cannot be repaid, the pledge is transferred, and I have to cash out and run away." ”

Lin Li opened his mouth, dumbfounded.

Xiao Huai said: "Tomorrow's Dongsheng may fall at the opening." Those market makers who lock up and hold Dongsheng shares are afraid and will rush to flee. ”

Lin Li sighed secretly: "If everything is in line with your prediction, what will happen to Ji Yunchong?" ”

Xiao Huai didn't answer immediately. According to past cases, many super bookmakers who were investigated by the securities regulatory agency either committed suicide by jumping off a building or went into exile in the end.

Xiao Huai's eyebrows were slightly raised, and he summed it up in four words-

"The end is bleak." 166 Reading Network