Chapter 14: Purgatory and Heaven on Earth
"Ahh
Pieces of screaming and howling, people frantically scolding, panic and despair, at this time the exchange was in chaos. The quick responder squeezed into the window of the exchange with all his milking strength, shouting: Sell, sell it all to me! Sell it, sell it now!
In the exchange, there is a panic, people don't know how to deal with the current situation, they just know to keep selling, selling the stocks in their hands! At this moment, both retail investors and fund companies in the exchange are panicked and give orders to sell, constantly selling the stocks in their hands. Traders are also numb, constantly tapping on the computer keyboard to sell stocks, they no longer remember whether they received a sell order, just mechanically sell stocks.
At this time, the Chicago Mercantile Exchange is also in chaos, since the opening, the Dow Jones Industrial Average has been falling, perhaps it is more appropriate to describe it as a wild fall at this moment. When people sell a lot of index futures, the New York stock market also sells a lot, and there is an extreme shortage of buyers, in the first hour of the market, it is difficult to find buyers in the market, about 30% of the S&P 500 index index stocks 95 blue chips have not yet been traded, and because of the large number of sell orders, there are not many buy orders, the market has to repeatedly lower prices to attract buyers. Since many stocks did not start trading, the Dow Jones Industrial Average at the time could not truly reflect the actual price of the market, and the entire market was in a state of disorder. Trading volumes are constantly being refreshed, computer trading systems are slowing down, and it is impossible to estimate accurate figures.
The New York Stock Exchange has more than 200 microcomputers, and this system can easily handle large quantities of transactions every day, but on this day it is paralyzed. A large amount of stock transaction data poured into the computer, the computer could not process it in time, and when the sell orders swarmed in, the processing speed of the information system lagged far behind. Shortly after the opening of the market, due to the large number of shares being sold, the computer turned out to be twenty minutes slower than the actual trading speed!
In a word.
The stock market and the futures market are driving each other, the stock price and stock index futures are falling faster and faster, and the trading volume is growing violently, and in just 50 minutes at noon, the stock market trading volume reached 90 million shares, and the futures index trading volume is equivalent to 7 million shares! And the large number of transactions in the two major markets by large institutions such as fund companies has pushed this disaster to another abyss.
"It's over, it's over!"
For a while, there were constant heart-rending cries in the exchange.
Some people walk out of the exchange with their eyes blank, they have no time to buy the shares in their hands, they know that everything is over. Some people don't even have the face to go home to face their wives and children, they have nothing, they have lost all their money in the stock market, and they even owe a lot of debt.
……
Ay.
Tang Bao looked at the Japanese stocks that had plummeted due to the impact of the U.S. stock market, and sighed softly. What the situation was like on the New York Stock Exchange, he did not witness with his own eyes, but he could imagine what it was. Compared with a large number of panicked investment institutions, Tang Bao is much calmer.
But it's also busy!
Now.
Tang Bao is commanding the trader to fight in Tokyo, Japan, of course, he is also secretly struggling, is he going to get involved in the Hong Kong stock market? He understands that Hong Kong will have a decisive political position and influence on the Chinese mainland in the future, and that Hong Kong is Chinese, but it is still under the rule of the British government and has not yet returned to China. It is not easy for the power of the mainland to infiltrate and enter, so Tang Bao was thinking, maybe this is an excellent opportunity for him to infiltrate.
In the end, Tang Bao made up his mind that this time he would enter the Hong Kong stock market!
Thereupon.
At the beginning of the afternoon, Tang Bao bought and closed part of the Tokyo stock index index, and obtained a total of 200 million US dollars. All of them poured into the Hong Kong stock market at the fastest speed to carry out a large number of short operations. Hong Kong's Hang Seng Index has fallen 400 points today, and there is no room for decline. But Tang Bao clearly remembers that Li Zhaofu, chairman of the Hong Kong Stock Exchange, will announce that the Hong Kong stock market will be closed for four days, and by the day the market reopens, Hong Kong's Hang Seng Index will plummet by 1,100 points, a decline of more than 33%. That's the best time for Tang Bao to make money!
Saying.
Tang Bao secretly shorted the U.S. stock index, and in the afternoon of the same day, he called the trader to start buying and closing the position, investing 300 million US dollars, using 60 times leverage, and finally making a net profit of 7 billion US dollars, which is a very perfect operation, Tang Bao fell in love with the charm of this capital for the first time.
Of course, the premise is that he can succeed in collecting money!
Through hundreds of different offshore funds, Tang Bao began to buy a large number of stocks in the U.S. stock market, buying shares of many potential stocks, giving Horst a list of shares to buy, not only asking Phoenix Investment Group to absorb its shares at a low price, but Tang Bao himself also secretly bought them.
In particular, Microsoft shares, after all-out increase in holdings, Tang Bao's total shareholding has approached 25%. Unfortunately, there are no more outstanding shares in the market.
At present, even the hot and abnormal Microsoft stock has not escaped the fate of the stock price plummeting, falling by more than one-third. Driven by panic, many retail investors and small institutions have sold off their stocks, and only Tang Bao understands what kind of high-quality potential Microsoft is.
Selling?
A fool will sell Microsoft stock, and it's too late for him to increase his holdings.
on this.
Microsoft's Bill even called to express his gratitude to Tang Bao for his support and trust in the company, because Bill knew that Tang Bao, as the third largest individual shareholder, would inevitably deal a devastating blow to Microsoft's stock price once he sold his shares in large quantities, which was too important for Microsoft, which was still in its infancy. Tang Bao also understands that Microsoft has not yet grown into the behemoth of the future generations, and he attaches great importance to the fluctuation of stock prices.
After listening to Bill's thanks, Tang Bao Dark Music, not only did I not sell, but I also secretly increased my holdings.
For this.
Tang Bao simply made a favor and assured Bill that he was very optimistic about the future development prospects of him and Microsoft under his leadership, and would never sell even a single share of Microsoft stock, but would further increase his holdings of Microsoft stock. He then contacted Citigroup's Miller and asked Citigroup to acquire Microsoft shares on his behalf. It doesn't matter how much you buy or how little you buy, because most of the Microsoft stocks on the market have been absorbed by him, and the key is to use this gesture to show favor to Bill.
……
As for Japan, on its part.
Tang Bao did not close his position and leave the market, but continued to insist, he knew that the Tokyo stock market had not been completely affected by the "Black Monday" in the United States, because of the time difference, the cold winter of the Tokyo stock market will not be seen until tomorrow, and the Tokyo stock market will plummet tomorrow.
Two days in a row.
The Nikkei fell 4,446 points, or 17%.
It can be said that the collapse of the Japanese stock market was entirely influenced by the United States, because there was no news or news in Japan that was unfavorable to the stock market.
Tang Bao saw that the Nikkei index was about to fall to the limit, and decisively ordered to close the position. In just two days, Tang Bao earned nearly $12 billion in the Japanese stock market!