Chapter 238: Each Shows His Magical Powers (Part II)

On the 24th, the sky was overcast and the clouds were thick, as if it was likely to rain at any time. The early trading of the day opened at 7,443 points, which is also an approximate position for the pullback after the recent crazy rally, as the vicinity of 7,400 points is considered a normal expected level for Hong Kong stock prices.

Although the Hong Kong stock index has corrected, investor confidence is obviously high on this day. After a two-weekend break, the market generally believes that the interest borne by speculators in the Hong Kong dollar has increased considerably, and so far, the Hong Kong dollar remains extremely strong and shows no signs of falling.

More importantly, on the 22nd, the leaders of Huaxia openly met with Hong Kong business representatives, and many Hong Kong celebrities and tycoons, including Li Ka-shing, attended the talks.

During the talks, the Chinese leaders clearly pointed out: "Hong Kong entrepreneurs shoulder a historical responsibility for Hong Kong's prosperity, and as long as the Hong Kong government makes a request, the Chinese government will unconditionally give full support to Hong Kong." ”

This is not the first time that the Chinese government has made a statement on the current state of Hong Kong's economy, but it is the most resolute and forceful statement, and it is also the first time that the Chinese government has made a statement that it may support Hong Kong. Therefore, when these words reached Hong Kong, the market immediately rejoiced. Investors generally believe that with the full support of the Chinese government, which has the world's largest foreign exchange reserves, Hong Kong's stock market and foreign exchange market will definitely tide over the current difficulties.

Under the influence of this optimism, although the Hang Seng Index opened lower, it was quickly erased by fanatical investors to erase the opening decline, and the index began to rise slowly but strongly.

"Boss. Is it necessary for us to make a move? It seems that the bears did not make much of a move. ”

Seeing that the volume was not very large, but it was obvious that the buyers were overpowering the sellers, a trader asked Zhong Shi hesitantly.

Hearing his question, other traders also turned their eyes to Zhongshi, and it was clear that they all knew that if they entered the market in such a situation, the consequence would only be to cheapen those small and medium-sized retail investors for nothing.

"Wait a minute!"

Zhong Shi gestured to them not to take any action yet, and then he carefully observed the HSBC Holdings market in front of the screen for ten minutes. He let out a long breath. Said thoughtfully: "It's really similar to what you observed, I don't know why the bears still haven't appeared." Most of the current market is scattered buy and sell orders. It's true that we are not suitable to enter the market right now, but you should not take it lightly, because at some point the bears will suddenly attack. Therefore, everyone should always closely monitor the market situation. ”

After hearing his words. Traders didn't say much, though. But the expression on his face was noticeably relaxed. For several days in a row, this high-intensity buying effort has caused them a lot of psychological pressure, and it is rare to have a respite. So when such an opportunity comes, they naturally cherish it very much.

"How's the preparation for September's futures?"

Taking advantage of his free moments, Zhong Shi quietly walked to a corner of the trading hall, where there were three traders who had been silent, out of step with the heated atmosphere of the whole hall, as if isolated from the others. Not only that, but the picture of the computer on their desk is also obviously different from other people, revealing weirdness everywhere.

Naturally, this corner of the hall is where Bell Stone hedges. But anyone who is engaged in the financial industry clearly knows that one-way buying of huge funds is extremely dangerous, even for a reborn person like Zhong Shi at this time. Although he used his advantages to earn a lot of money, but now it is different from the past, this time is completely a real head-to-head confrontation with international speculators, and the decisive role in this battle is completely the contest of financial strength and psychological strategy of the two sides, and historical factors have no reference value at all. Therefore, in the face of such a large scale of capital transactions, he must also be cautious. Because Zhong Shi is very aware that once the funds are exhausted and there is no good news, I am afraid that even the entire Tianyu Fund will be lost to it. Although this possibility is very small, on the one hand, it is a bullish futures index in August, and on the other hand, it is to support the market with one hand, and in either case, Zhongshi must be ready to hedge.

"4,781 lots were sold, and 350 million funds were used. As of today, although the Hong Kong government's entry into the market has stimulated the stock market, the bearish expectations for the future market have not dissipated. The Hang Seng Index premium in August reached 50 points, and it seems that the bears will definitely have follow-up actions. ”

A yellow-skinned trader pointed to the numbers on the screen and said with a solemn face. He is a veteran trader of HSI Futures. Chen, a former staff member of Tianyu Fund's Hong Kong-focused fund, became famous in the battle against Hong Kong by international speculators in November, and was recommended by Maxim to Zhong Shi's side.

"Boss, that's not all!" Another trader named Luo Mingbao also said, "On the 18th, the Hang Seng Index premium was 5 points, and on the 19th, the Hang Seng Index premium was 48 points, all of which were given by Bailly's good news." The discount of 137 points on the 21st was due to Russia's bearishness. But today's market basically has no big negative or good news, if the central government expressed support for one, then now the Hang Seng Index should be a premium, but the Hang Seng Index futures price is obviously contrary to the trend of the Hang Seng Index, which must be strange. ”

The so-called premium is the price of HSI futures relative to the Hang Seng Index. Since HSI Futures is a derivative of the Hang Seng Index, the trading figures are determined by reference to the real-time Hang Seng Index on a certain period of time. However, this does not mean that the figures of HSI futures are exactly the same as those of the Hang Seng Index, because the price of HSI futures will be higher or lower than the real-time Hang Seng Index depending on the expectation of the future.

When HSI futures trade at a price higher than the Hang Seng Index, this situation is often referred to as contango, while HSI futures trade below the Hang Seng Index is referred to as a premium. Rising and discounting represent two different expectations of the market, which can reflect the future trend of the market in a certain way.

"It's not a lot. It's only 50 points, but it's tolerable. Zhong Shi stared at the plate carefully for a long time, and finally made sure that there were no large-scale buy and sell orders, so he patted Luo Mingbao on the shoulder and comforted him in a low voice.

The three traders in charge of the stock index nodded subconsciously, and they also agreed with this statement.

"Boss, I still have a question, why do we want to short the September futures index?" After staring at the plate for a long time, Derek. Chen suddenly asked, "Since we are long the stock market in August." September should also be in full swing. Continue to lift the plate up. Although it is now for hedging, even if it is cash settlement, the amount of money that can be harvested and the funds used are far from matching. Moreover, it is unclear whether the speculators will transfer their positions until September. We're so rashly entering now. Isn't it a little too cautious? ”

"Now you don't need to know!" Zhong Shi shook his head with a smile. Pretending to be mysterious, he said, "Then you will know." But I want to ask you, if you can't beat the Hong Kong government in August. Do you think the speculators will be able to beat the Hong Kong government in September? ”

"That's not good!" Luo Mingbao pondered for a moment before he frowned and said, "The longer the time drags on, the more unfavorable it will be for them. If it were me, they would definitely fight to the death at the end of August, and their goal is not to bring down the Hong Kong dollar, but to make as much profit as possible from the capital market. And now, since this plan has been discovered by the Hong Kong government, I believe they can only make a fortune. ”

"Not bad......" Just as Zhong Shi was about to praise the other party, suddenly the entire floor fell into darkness, and all the computer screens fell into a state of death under the sudden flash.

This sudden change suddenly stunned everyone, and it took more than ten seconds for someone to come back to their senses from surprise and shouted: "It should be a power outage!" How so? ”

Hearing this shout, everyone immediately became scrambling, and then they all stood up and looked for a switch or something with the help of the faint light cast by the window, and sure enough, there was indeed a power outage. Later, someone picked up the phone and was about to dial the property, but was shocked to find that there was no sound in the microphone.

"What's going on? There was no sound even on the phone! In the darkness, someone soon shouted. The others also quickly picked up the phone at hand, and sure enough, it was the same situation as he said.

If the previous power outage may have been accidental, then the phone accident is likely to be premeditated. Such a thought suddenly popped into Zhong Shi's heart, and he couldn't help but be startled.

"Everyone, be quiet for a while, the building administrator and the people from the property will fix it soon!" After thinking quickly for half a minute, Zhong Shi immediately stood up and waved his arm a few times in the direction where Ma Jiarui was before, and immediately a figure walked quickly towards the door, "In addition, if I guessed correctly, within a few minutes, Hong Kong stocks may fall sharply, so when the power is restored, I ask you to buy immediately regardless of the cost, and pull the Hang Seng Index up as much as possible." ”

"No, boss, how do you know that Hong Kong stocks will fall sharply in these few minutes?" One of the traders immediately asked out loud.

Because the light was dim and it was blurry to see clearly, the traders were much more daring than usual, so as soon as Zhong Shi's words came out, some people immediately questioned them.

"Hehe, your question is very good!" Without waiting for the others to echo him, Zhong Shi immediately replied in a loud voice, "If the power outage is still an accident, then it is suspicious that the phone has also been interrupted." If I'm not mistaken, someone is doing something wrong! ”

"More specifically, our behavior of pretending to bail out the Hong Kong government has been discovered by some people, and they should be testing us now, and we will be sure when we make a move."

"What?"

"How is this possible?"

Zhong Shi's words were like thunder, blasting into the hearts of everyone at the scene, shocking them, they couldn't imagine that such a deep meaning could be hidden in a seemingly accidental power outage. Come to think of it, they are just a group of analysts and traders who are buried in the news and statistics all day long, and how would they know that this battle has long since shifted from a purely financial battlefield to a broader battlefield.

"Boss, if we continue to buy, won't we fall into their trap?" After the shock, someone finally came to his senses and hurriedly shouted at Zhong Shi, "In this way, we will be completely exposed, and when the rumors of the so-called 'Hong Kong government' bailout are exposed, the entire Hong Kong stock market will face huge downside again." ”

"Rest assured, they won't divulge this fact." At this time, Zhong Shi already had a general understanding of the other party's behavior in his heart, and vaguely guessed the other party's possible follow-up actions.

……

Sure enough, as Zhong Shi expected, at the moment when the power was cut off on the floor where the Tianyu Fund was located, a huge amount of selling orders suddenly appeared in the market. The selling orders that popped up in hundreds of lots immediately swallowed up the scattered buying orders, causing the prices of these stocks to fall sharply. Almost in half a minute, the originally good green market suddenly took a sharp turn and suddenly turned a shocking red.

"What's going on?" In the investment hall of a brokerage firm in Causeway Bay, an investor who was staring at the market suddenly shouted, pointed to the sharply straightened K-line chart and shouted, "Oh my God, how can this be?" ”

Hearing his shout, the others stopped placing orders one after another, and when they raised their heads to look, they were shocked to find that not only the stocks that the person had bought just now, but also the stocks they were concerned about had also fallen sharply.

"Look, the Hang Seng Index has turned red!" It was the investor who had just noticed that the stock had turned red and pointed to the display board on the other side, and couldn't believe his eyes, "Oh my God, is the end of the world?" ”

The others looked in the direction of his finger, and this look suddenly made their already shocked hearts fall to the bottom, only to see that the Hang Seng Index was falling rapidly at an avalanche-like speed, and the index, which was originally 7720, became 7700 in the blink of an eye, and in the blink of an eye, it turned out to be 7691.

"Is it a stock market crash?" An old shareholder with a white beard stood up in a trembling voice and asked.

No one knew the answer, so no one answered him. (To be continued......)

PS: I'm sorry, I was busy in the hospital until late yesterday, and I didn't have time to surf the Internet, I hope you will forgive me. Thank you very much for your continued support, and the author will do his best to keep it updated. Finally, thank you to the declining boy for voting for the monthly ticket!