The cake is so big, and if someone else eats a part, it means that they will eat a little less, how can this be?

Completely abandon other people, but it is difficult for the main capital to do, for the operation of a security is better to say, you are aimed at a market, do you want to do it alone? Of course not. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 ｉｎｆｏ

Lei Hao needs teammates, but no matter which financial institution he is, he knows one thing very well: where do teammates calculate.

Financial markets, there are no feelings, only interests!

"The bears are crazy." In the earbuds, Leo's babbling voice kept ringing: "Even if the KOSPI index falls, don't they want chips?" ”

"Buy!" Lei Hao's order is only this.

"It's unreasonable, their risk exposure is too big!" Leo was a little surprised, "Ray, you have to take a look at the document I passed to you on Tuesday!" You should definitely check it out! ”

"I've seen it, I know what you mean, but if they don't push down their positions, where will they sell?" Lei Hao replied simply: "It is impossible for us to keep our funds in the Korean capital market for a long time, and they have seen this!" ”

"Okay." Leo was speechless.

How fast does Thunder make money? That's pretty scary.

Even if the KOSPI index falls, Thunder has a paper loss, with Thunder's profit speed and development speed, will Lei Hao be willing to bear the loss and let the funds stay in the Korean capital market? Definitely not.

If Lei Hao's books are in the red, his Asia-Pacific strategy determines that his funds cannot stay in South Korea for a long time, and this is what the bears are staring at.

Even, if Lei Hao is willing to bear the book loss, let the funds stay in South Korea, waiting for a turnaround, the bears don't mind, they would rather Lei Hao do this, than let Lei Hao go, let him make trouble in the Asia-Pacific region.

Therefore, the strategic goal of the bears is not only to make money, but also to let Lei Hao's footsteps drag down the swamp of South Korea, and then ...... Find a chance to strangle it.

"20 billion US dollars is enough to build an aircraft carrier battle group, and what I hold is cash, and I go to buy national bonds, which is enough for the country to get a lot of benefits, I can't plant it in South Korea!" Lei Hao calculated the account in his heart.

In the South Korean capital market, stocks, stock indexes, options, futures, foreign exchange and other markets fluctuated violently, and a large number of funds hedged and built positions, and the exposure risk of both long and short sides was increasing.

Take the bulls as an example, they originally hold a large number of stocks, but also hold a large number of hedging contracts, so the risk is not large, for example, there are $10 billion in stocks, and there are also $8 billion in corresponding hedging contracts, they are exposed to $2 billion of risk exposure.

But when the sell-off of stocks, the short-selling of futures indices, the sale of call options, the buying of put options, etc., occur at the same time, risk exposure can quickly surge.

I sell $100 million in stocks, I sell another $100 million face value of futures indexes, I sell $100 million in call options and I buy $100 million in put options, that's 400 million.

As for the rules of the Korean securities market, the so-called 5,000 futures contracts can only be held by each account, and other regulations, some of the big institutions have ways to circumvent them, as long as they do not affect retail investors, and keep the amount within the acquiescence range, the cost and cost of finding out in a country like South Korea where the capital market is almost completely open are higher than the cost of laissez-faire.

The confrontation in the capital market is certainly not a hedging of the stock market alone.

Thunder's risk exposure is slowly exposed to opponents, before the 13th, Lei Hao's position was as high as 40 billion US dollars, the stock market was 8 billion US dollars, and the rest were highly leveraged futures indexes, options, and even foreign exchange and other fields.

However, Thunder's position can be regarded as a unilateral stock market bullishness, and the securities held are all positively correlated securities with the rise of the stock market, and there is no hedging meaning at all, and the amount of funds itself is as high as 20 billion US dollars.

On the 13th of this Friday, that is, today, as soon as the securities market opened, within half an hour, Thunder's risk exposure soared by 5 billion to $45 billion.

And now everyone's focus is on the stock market, and half of the risk exposure and volume can be exploded in the stock market, that is...... $2.5 billion.

Converted to Korean won, it is 25 trillion won, which directly scared market participants, and words such as financial tsunami, financial crisis, and financial war appeared in everyone's minds.

"With such a huge amount of energy, they want to scare off other market participants and arouse the market's risk-off mentality." This thought flashed through Lei Hao's mind, and he immediately gave another order.

In less than ten minutes, a voice appeared in the Korean market: "The identity of the bears is revealed, and the big chaebol reduces their positions!" Where will their money go? Leaving the country? Under the premise of the turbulent situation, they will not be able to get out, and the probability of returning to the country in the end is as high as 90%. ”

"The fact is that there is an influx of external funds and more cash in the Korean capital market, which may be explained by the inflation rate in the coming period."

"Is this a drama or not? Is it a wash? Shock out the small and medium-sized investors, and then absorb the chips sold back at a low level, and even say that these chips are simply left-handed to right-handed? ”

"After the KOSPI index falls, there may be calls for a so-called bailout."

One piece of information after another, the bulls vomited three liters of blood.

Don't be fooled, they are long for the purpose of clearing their positions at a high level, and it is impossible to hold securities in the Korean capital market for a long time.

But will anyone listen to these words? What Li Enjing regrets now is why he hedged against the Thunder and let the bulls take bilateral positions, pull up or suppress the stock market, why should he get involved?

But no one will believe these words.

"I see!" People who are familiar with Lei Hao finally reacted.

"The goal of the Thunder has always been to hold one-sided positions! Why does Lei Hao want to hold a position unilaterally, I finally know the reason! ”

"It's a calculation from the beginning!"

"Fundamentals and technicals, Lei Hao calculates market psychology, and the bears cooperate with him and stage a drama."

"Did he get it right?"

The last question is the key, is Lei Hao accurate?

You must know that people's hearts are unpredictable, market psychology is the force that affects everything, but market psychology will also be affected by all other factors, this is a game of market psychology, Lei Hao bets that his calculations can succeed.

From the very beginning, Lei Hao would rather let the funds be idle, but also to hold unilateral positions, the reason is very simple, as long as he holds a unilateral position, it means that the original holders can only reduce their positions if they want to hedge.

When you reduce your position, it proves that the market has more cash flow, and no matter where this cash flows, as long as it does not flow out of South Korea, it will have a supporting effect on the Korean capital market.

But with a series of negative occurrences, will Lei Hao's so-called "Koreans are very confident" view be confirmed? This is the most critical point, he led the nose of the bear, and acted in a Korean securities drama, can the Koreans who have watched the play be confident?

"Financial wizard, the Wall Street Journal gave you the right title, this guy ...... It's horrible. "Foreign-funded institutions such as Keda and HSBC have a chilling feeling.

Wizards are beings who can manipulate people's hearts, Lei Hao is calculating, and he is slowly manipulating people's hearts, under the unwitting gaze of others, he stretched out his hand, and he was about to choke the throat of fate.

PS: I know that unconsciously gazing is a sick sentence......