Chapter 230: The First Intimate Contact (I)
Although there have been professional accountants who have verified the amount of funds in the account of the Tianyu Fund during this time, there is also a professional team stationed in the Tianyu Fund, which is responsible for monitoring the direction of the funds of the Tianyu Fund. But so far, Tianyu Fund has not invested a penny in Hong Kong stocks, which makes Cen Yinquan and Ren Yigang very uneasy.
Since they were not binding on Zhong Shi and Tianyu Fund, these two naturally could not force each other to buy, but because the other party volunteered, they could only take this opportunity to beat the side drum and urge Zhong Shi to act quickly.
Zhong Shi was naturally very aware of their thoughts, and after a little contemplation, he pretended to be unbearable and agreed in front of the two of them.
With Zhong Shi's personal promise, the two bigwigs completely relaxed and concentrated on playing.
……
As soon as the market opened on Monday, all the employees of Tianyu Fund attended the meeting, and they were all listed in front of their positions, all of them looked solemn, as if they were facing a great enemy, because they all knew that from the moment the opening bell rang, Tianyu Fund was going to fight head-on with international speculators!
The entire trading hall is divided into three areas, led by Zhong Shi, Ma Jiarui and Ren Ruowei, and the others are either trading in person, or they are nervously studying the trend of each stock, and it is determined that Zhong Shi and the other three will be referred to at the appropriate time.
As an advocate, Andrew went to the TV station in Wutai Mountain, Tseung Kwan O, early in the morning. There, he will comment on the current state of the economy as a well-known stock commentator. Support Bell Stone's actions from another aspect.
In this operation, Zhongshi used a total of 15 brokerage channels, and the number of brokers directly served reached 35. The number of target Hong Kong stocks has reached 50, covering various fields such as real estate, public utilities, entertainment, and finance, and the vast majority of them are index constituent stocks. The market capitalization of this portfolio accounts for more than half of the market capitalization of the entire Hang Seng market.
Zhong Shi's group is responsible for financial stocks, including HSBC Holdings, while Ma Jiarui is responsible for buying shares in major real estate companies, and Ren Ruowei is responsible for the rest, including utilities and red chips.
"Knock knock", when the pre-set bell rang, everyone's nerves immediately tensed. It's time for the call auction in the morning.
A call auction is a call auction that takes place before it officially opens. Investors can apply to submit a psychological price to the exchange, and after the exchange collects all the quotations, the price of the maximum trading volume of the day is determined by the principle of price priority and time priority. This price is the opening price.
The call auction has a total of 30 minutes. After determining the volume and opening price. Each stock in the market will enter the stage of free trading, that is, the free trading session.
Call auction can show the trend of a stock in a day, or even the trend of the entire market. In general. If there are more selling orders than buying orders during the call auction stage, it indicates that the market is not good on the day, and if there are more buying orders than selling orders, the market is very likely to improve.
Of course, these are for short-term investors, and for long-term investors and large funds, the information revealed in the call auction stage may not be so accurate.
When the bell rang at 9:30, the originally silent trading hall immediately erupted into a shocking sound, and everyone's hands and feet began to get busy, knocking on the keyboard to check the market, calling the broker to place an order, reporting the market to the person in charge, all kinds of sounds were mixed together, almost overturning the ceiling.
In this case, human affection is very susceptible, and Zhongshi is no exception. He only felt that he was trembling all over, the blood in his body was boiling all at once, his brain was in a state of dizziness because of extreme excitement, and the scenery in front of him was a little erratic.
"Not good!"
Zhong Shi said secretly, and didn't bother to give instructions to the traders, so he hurriedly walked into the bathroom, picked up cold water and poured it on his head, and it took two minutes before he completely came to his senses. When I returned to the trading floor, I was back to my senses.
"HSBC Holdings, Bank of East Asia, Hang Seng Bank, I want sell information on the stock prices of these banks!" Back in the office area again, Zhong Shi didn't bother to wipe the water droplets all over his face, and shouted loudly to the traders.
On the trading floor, it's simply not okay not to shout loudly, because the decibel sound here is so high that it's hard to hear clearly, even if you speak normally face to face.
"At present, the price of HSBC Holdings is between 175 and 180, and there are a lot of quotations, but just now, there is a sell order of 300 lots quoted at 172. No, now there is a new offer for a new sell order, also 172,500 lots. A trader shouted loudly, "Boss, do you want to buy or not?" ”
"Hang 500 hands, 172, let's let it open at 172 today!" Zhong Shi waved his hand and motioned for the trader to continue, "What about the Bank of East Asia?" What about Hang Seng Bank? ”
"The Bank of East Asia's orders are concentrated around 7.70, which is not very large, estimated at around 800 lots, which is not much from yesterday's closing price."
"Hang Seng Bank is around 37.5, and the number of buyers and sellers is not very large, only less than 500 lots, but it is already the highest price in the vicinity, if there is no big problem, it should be opened at this price."
Zhong Shi nodded, not even instructing.
In the index stock market capitalization list, HSBC Holdings has the highest market capitalization in the entire Hong Kong stock market, and the calculation of the entire index has an impact of about 15%. Another giant, Hong Kong Telecom, has an impact of 5.02%, second only to HSBC Holdings.
So, if you want to leverage the entire index, these two stocks are almost the top priority. In particular, the trend of HSBC Holdings is almost a harbinger of the trend of the entire market.
Thirty minutes passed quickly, and as expected, the number of deals was the largest due to the 172 position. In the end, HSBC Holdings opened at 172, and the first transaction of Tianyu Fund was completed, buying 500 shares of HSBC Holdings at a price of 172, spending a total of 34.4 million Hong Kong dollars.
Since there were no pending orders on subsequent buying orders, shortly after the price of 172 was opened, HSBC Holdings' share price began to gradually decline under the sell-off of speculators, and soon fell below the 170 level.
On the other hand, there were also a large number of selling orders on the market of Hong Kong Telecom, and more than 30 selling orders were listed as many as 15 lots, which scared the buyers of Hong Kong Telecom to shrink back. Wait until these buy orders are either filled, or withdrawn. Shares in Hong Kong Telecom's share price have fallen 3%.
In addition to the number of trading lots set in the call auction stage, Ma Jiarui and Ren Ruowei did not make a light move, and they gathered together after seeing the entire Hong Kong stock index floating red again. Let's talk about today's countermeasures.
"Last weekend, international speculators frantically attacked the Hong Kong dollar. It is said that 50 billion were sold. Although the Hong Kong government advises banks not to lend money from abroad. And the balance of the banking system is published on a daily basis to reassure the market. But just now, the call rate has been raised by another three percent. It seems that there is another possibility of a downtrend today. Ma Jiarui said worriedly.
As soon as he finished speaking, Ren Ruowei quickly continued: "The call rate is one aspect, and last week's yen has fallen to 140. The yen is the strongest currency in our region, and now the market generally believes that the central government cannot withstand the pressure of foreign trade and may choose to depreciate in a certain market. Of course, this rumor has not been confirmed until now, but as soon as the yen falls, speculators have more confidence in shorting the Hong Kong dollar. ”
After the two finished speaking, they glanced at each other, and then said in unison: "I've been avoiding the edge for the time being!" ”
"No!" Zhong Shi categorically vetoed, "The amount of money I bought today is 1 billion Hong Kong dollars, just to test the market's reaction, don't ask me why, you will naturally understand after a while!" However, the timing of the launch needs to be unified, and the full force is bought half an hour before the market closes. At other times, I ask you to pay close attention to the market and find out the strategies of the speculators to suppress Hong Kong stocks, so that we can act against them. ”
In the puzzled eyes of the two, Zhong Shi distributed the funds in detail, then returned to the trading table again and continued to observe the situation on the market.
"164!" In just a few minutes, HSBC Holdings' share price fell again, and although there was a steady stream of buying orders for small shares, every time the stock price rose to around 170, a 300-lot sell order would emerge there, spoking buyers away. After several times, the buyer realized that the other party had strong financial strength, so he simply did not continue to attack, and began to trade frequently in the range of 160.
Zhong Shi squinted for a while, and suddenly realized that the current frequent transactions were just illusions, and it was completely a test of the buyer and seller, because once the stock price fell to around 160, an unknown amount of money would also emerge to sell here, and within half an hour of his observation, he roughly estimated that the buyer had no less than 100 sell orders in the future. Although some spit out at the 165 position, overall, the buying order still eats up a lot of shares.
On stocks such as Hang Seng Bank and Bank of East Asia, trading seems to be a lot flat, basically there are a lot of orders at every price, but the number is very small, ranging from a few lots to dozens of lots, and basically the emergence of the main funds is not visible.
In this way, until the noon auction, both buyers and sellers maintained a certain degree of restraint, which also made the table of the market unsatisfactory, only slightly down 5 points, showing an almost straight K-line.
At noon, the three met again and exchanged opinions, all of whom expressed their confusion about the market. Logically speaking, because of the rise in the call rate, Hong Kong stocks have fallen in response to the usual practice, but so far, there has been no expected situation, if this is very reasonable, I am afraid that none of the three agreed.
But what is the reason why the speculators have not yet made a move, and the three of them are not clear. So, after they met, they decided to continue observing.
After the end of the call auction session in the afternoon, there was a sudden sharp fluctuation in the Hong Kong stock futures index, and a series of buying orders suddenly appeared on the long side of the futures index, and the bears seemed to be unprepared for this, and suddenly lost the 7050 point mark. After breaking through this threshold, the buying did not stop at all, and continued to attack, breaking through 7060 points almost in a few minutes, and the momentum was so strong that it soon broke through 7070 points again, and even showed signs of going up to 7100 points in one fell swoop.
In terms of Hong Kong stocks, due to the good news from the Hang Seng Index market, investors think that the bulls are exerting their strength, and this signal immediately ignited their enthusiasm for buying. Driven by this buying wave, the Hang Seng Index also continued to rise, and together with the futures index, it soon approached 7,100 points.
Within half an hour, the increase of nearly 40 points did not cause a sensation in the Tianyu Fund, in fact, although they could see the numbers on the huge display screen when they looked up, few people had the heart to look at the numbers that turned red to green, and they were all looking down and quietly observing the sector they were responsible for.
"That's not right!" Zhong Shi glanced at the table of several heavyweight stocks such as HSBC Holdings, Hong Kong Telecom, and Changhe Industrial, and when he saw that the futures index buying order at the 7090 position suddenly disappeared without a trace, he immediately realized that the situation did not seem to be consistent with the table on the disk, and then he shouted loudly, "Everyone, pay attention, there may be a wave of falling market soon, keep your attention, and listen to my instructions at any time!" (To be continued......)
PS: PS: The stock price information that can be found by financial software now should be diluted by splits, rights issues, etc., so it is not consistent with the historically accurate figures. Except for HSBC Holdings, the others are real-time counts, so please don't take them seriously.