Chapter XXXVII

On January 4, after the New Year holiday, the Hong Kong Stock Exchange on the first trading day of 93 years, as soon as the stock market opened, a large amount of money sneaked into the market, and a thousand buy orders were opened at the price of 9.80 to smash Huade Real Estate, a subsidiary of the Zhao consortium.

You must know that Hong Kong stocks are not calculated according to 100 shares per lot, but have different compositions according to the stock price, for example, stocks like HSBC are 400 shares per lot, stocks like Changhe Industrial are 1000 shares per lot, and Huade Real Estate is the same as Changhe Industrial, the number of shares in a lot is 1000 shares.

A 1,000-lot buy order is 1 million shares, which is enough to cause an uproar in a market with an average daily trading volume of tens of thousands of hands!

The share price of Huade Real Estate rose immediately, and soon reached the price of 10 yuan, and investors in the market also reacted and began to chase this stock.

"Remove all unfilled orders!" In the trading department of Standard Chartered Bank, a five-person trading team is nervously operating, and standing behind them is a middle-aged man in his forties, who is constantly monitoring the movement of the market.

The instant buy order swept away the sell order below the 9.8 yuan position, and the price of Huade real estate instantly stood at the position of 9.8 yuan, and then the buy orders were successively listed at the price of 9.9 and 10 yuan respectively, making the price of Huade real estate stand firmly on the position of 10 yuan.

In just a few minutes of trading time, the account of Skyline Holdings Company received 308 lots of Huade shares, with an average price of 9.9 yuan, which cost 3,049,200 Hong Kong dollars.

Seeing the Huade stock open high without warning. It rose by 2 percentage points in a matter of minutes, and the eyes of the market were immediately drawn to it, and investors were waiting to see what was going on.

It didn't take long for them to see the buy order in the buyer's column being taken down. Everybody's asking, what's going on?

Just when they were still puzzled, the buyer popped up a number that surprised them, and the buyer's column of Huade Real Estate soon popped up with a buy order of 1,000 lots, and the price was set at 10.5 yuan.

Up 7 percent? Just when everyone was still stunned, this buy order quickly swept away the selling orders that poured out after the first wave of buy orders. Once again a new high for today's price.

Soon. The market was boiling, and almost everyone realized that a well-funded market maker had infiltrated the stock, and investors began to buy shares in Huade Real Estate.

The total share capital of Huade Real Estate is 500 million. Put it on the market is 500,000 lots. Excluding those held by major shareholders and institutions. Less than 40% can circulate in the market, that is, 200,000 lots.

The price of this stock fluctuates around $10 all year round, and not many people pay attention to it on weekdays. But as soon as the market opened today, there were unusual fluctuations, which made the participants of the market inexplicably excited.

"This time as usual, remove the unfilled buy orders!" Still in the trading department of Standard Chartered Bank, in a small room that can only accommodate eight or nine people, five traders sit in front of the computer, fingers quickly tapping on the keyboard, and the middle-aged man behind them is expressionless, thinking carefully.

His name is Zhang Jiaqiang, an acquisition expert in the investment banking department of Standard Chartered Bank, and he has been working as an analyst in the sales department of Standard Chartered Securities.

At this time, there were already 853 lots of shares in the account of Skyline Company, with an average price of 10.3, and 8,785,900 Hong Kong dollars were used.

The previous two-hand buy order is to attract the attention of the market, and then it is good to continue the operation, only the follow-up of others, the market maker has room to operate.

At this time, the stock trading of Huade Real Estate has been fully active, and the trading volume is also continuing to expand.

"10.7 yuan, put out a sell order of 100 hands!" Just after the traders had just withdrawn the orders that had not been filled just now, Zhang Jiaqiang ordered non-stop.

This is a temptation, and other followers and wait-and-see people in the market understand that there is another shili coming in, testing the depth of the shili that has been making waves before.

Sure enough, after the sell order was placed, the market participants immediately stopped, waiting to see if the shili would accept this provocative message.

Soon, a buy order of 500 lots swept the sell orders below the price of 10.7, and then rushed to the price of 10.7 in one go, eating all the sell orders of 100 lots.

At the same time that the sell order at the price of 10.7 was eaten, another sell order of 300 lots appeared at the price of 10.8, but the buyer didn't seem to care at all, and ate the sell order at almost the same speed as just now.

The matter is not over, just after the 300 lot list was eaten, the seller column again appeared 400 lot sell order, this method of constantly selling stocks at a price point gives people a sense of step-by-step defense.

The buyer was enraged and reacted quickly, throwing a large buy order of 1,000 lots again at the price of 10.9, which instantly swallowed the seller's order.

The followers and wait-and-see people in the market are boiling, and they are speculating in their hearts whether it is the financial statements of Huade Real Estate that there is a huge profit, which makes the first to get the news so desperate to enter the market to sweep the goods; Or is it that the Hong Kong government is preparing to auction a certain piece of land recently, and Huade Real Estate is confident that it will take it?

Trading volumes began to continue to amplify, and small and medium-sized retail investors rushed to get a piece of the stock, even though they didn't know what it was.

How would they have known that all the transactions that appeared in the market before were the bookmakers behind them playing the trick of switching left hands for right hands. This is just a small way to mobilize market sentiment and aim to attract these retail investors.

On this day, there were no more transactions with more than one million funds, and the rest were retail investors buying and selling at the price of 10.9, and the fleeting buying and selling battle was over, and the remaining trading time can be called garbage time.

The final close is calculated. Skyline Holdings' account has absorbed a total of 954 lots of Huade Real Estate shares, with an average price of about 10.5 yuan, costing more than 10 million Hong Kong dollars.

As soon as the market opened the next day, there was a buy order of 3,000 hands in the bargaining stage, and the price was fixed at the position of 11 yuan, which made the share price of Huade Real Estate rise by 11 percentage points compared with the opening price of the previous trading day.

The share price of Huade Real Estate has been rising all the way in the face of large sums of money entering the market. At the end of the day, it was fixed at $11.4. This made most of the investors who had opened positions the day before smile.

On this day, Skyline Holdings absorbed 1,230 lots of chips in the market, plus 954 lots on the first day, holding a total of 2,184 lots of Huade Real Estate shares. The average price has also been pulled up to $11.00. More than 20 million Hong Kong dollars were spent.

With 20 million Hong Kong dollars, a stock can be raised by more than 10 percent. This made Zhong Shi, who had been watching from the sidelines for the past two days, give a thumbs up to Zhang Jiaqiang's ability.

"What's next?" After the market closed, Zhong Shi asked.

"Next, do nothing, cool down the market's sentiment first. Then on Friday, let's probe the bottom and see if there are other big players in the market to follow up. Zhang Jiaqiang calmly analyzed.

"What's the point of that?" Zhong Shi asked strangely, he is really not proficient in such a thing as trading, and he is even no different from retail investors to some extent.

Zhang Jiaqiang was stunned after listening to Zhong Shi's words, thinking that you wouldn't know such a simple thing. Seeing Zhong Shi's undisguised expression, he had to patiently explain: "Our behavior of pulling up the stock price is too obvious, in this case, there may be more than one person who absorbs chips in the market, if we start to smash the market next, I am afraid that the funds that will follow up will not agree, they will take over, which has a great obstacle to our next move." ”

"Will it be like this?" Zhong Shi nodded thoughtfully, "Then we'll let this happen?" ”

"Of course not, our next step is to wash the market, through repeated shocks, to clean out short-term investors, and at the same time to hedge the wind chasing disk, this time may last a little long, about a week to a month. After putting those who buy the bottom and grab the rebound in the process of falling, let them either be forced to cut their meat and leave the market, or they will not move, so that we can absorb more chips at a very low price, and finally reach the share of the cards. Zhang Jiaqiang was not impatient at all, and still patiently explained.

"So much trouble? Let's buy directly at the market price, can't we raise the card after reaching a share of 10%? Zhong Shi thought about it and felt that although this strategy was good, it was just too much of a waste of time.

"It's good, but such a blatant absorption of chips will definitely attract many followers, and then the stock price will be the same every day, and the pressure to build a position will be relatively great, and when it reaches 10%, it may cost far more than 500 million funds, so I'm afraid the follow-up financial pressure will be very great."

"I see, then you can go ahead!" Zhong Shi finally understood that there was so much knowledge in the acquisition, and there was such a complicated operation just by virtue of the low price of the acquisition.

On the third and fourth trading days, the stock price of Huade Real Estate did not fluctuate much, and the trading volume also shrank, and it seemed to be calm, as if the large and unusual fluctuations in the previous two days had not happened.

Soon, this situation was broken, and on January 8, the day Zhong Shi boarded the plane to the United States, Huade Real Estate fell 3% from the previous trading day at the opening, pulling a red line. (To be continued......)

PS: First of all, thank you for poisoning you thousands of times, and you are late to reward again! In addition, the update has been explained in "Work Related", although this time is very busy, but three thousand words will still be there every day, I hope you can continue to support, don't be too disappointed because of this, of course, if possible, the author will try to write as much as possible~ The past, present and future of this book are indispensable for everyone's support, I hope the future will still go on together, thank you very much!