Chapter Ninety-Four: Increasing Positions Again
In addition to the official leaders coming out to boost market confidence, as many as 24 listed companies have successively issued notices after the market closes, announcing the implementation of share repurchase plans of varying amounts in the market to stabilize stock prices.
This crazy decline is not only frightened by investors, but even the management of listed companies can't sit still, if their shares continue to fall, not to mention that they can only expect to be financed from the stock market, and it is difficult to say whether even the ownership can be kept.
Therefore, in such a difficult time, some smart listed company management decided to buy back shares in cash, on the one hand, to boost the market's confidence in the company, and on the other hand, to prevent hostile takeovers. After the acquisition, the average price of their shares will fall, and it is not a good investment to sell them in the future when they rebound.
Amid the voices of both the government and business, analysts have begun to predict a large rebound tomorrow, advising investors to seize this rare opportunity, and so on.
……
"Uh...... What a comfortable sleep! ”
Zhong Shi, who woke up from the dream, stretched comfortably, and subconsciously wiped his mouth, only then did he open a pair of sleepy eyes, but he was stunned to find that Ma Jiarui and Ren Ruowei were both standing in front of him, with strange expressions on their faces.
As soon as Zhong Shi saw the expressions of the two, he was stunned for a moment, a little inexplicable, and then immediately noticed something, his face turned red, and he quickly pulled the facial cleansing paper from the table and wiped it vigorously on the table in front of him. There, a huge puddle of water is glistening in the setting sun. It was the saliva that Zhong Seok was dripping while he slept.
Ma Jiarui and Ren Ruowei turned their faces away in unison, although they forced a smile, but the expressions on their faces showed their inner thoughts at a glance.
Half a minute later, Zhong Shi finished cleaning up the water stains, and after coughing lightly, he pretended to have a casual expression and asked lightly: "Something?" ”
When Ma and Ren heard Zhong Shi's words, they almost fainted on the spot, and a major event similar to the "stock market crash" occurred in Hong Kong stocks, falling by more than 1,000 points throughout the day. And their immediate bosses. A figure who is almost worshipped as a god by them. But they didn't notice it at all, and this strong contrast made them unable to accept it for a while.
Fortunately, both of them are seasoned professionals, and their psychological qualities have long been tempered hard as iron in the ups and downs of the wavy line. If you replace someone with a heart that is not strong enough, I am afraid that the blood vessels will burst on the spot.
Even so. The two of them were also suffocated by Zhong Shi's words. An abnormal flush appeared on their faces. He didn't say a word for a long time. In the end, it was Ma Jiarui's psychology that was better, and after experiencing the initial speechlessness, he said: "Zhong Sheng." Hong Kong stocks fell sharply today, and none of the stocks in the market rose, falling by more than 1,200 points throughout the day......"
"Oh?"
Zhong Shi rolled his eyes violently, completely indifferent, and after a moment of silence, he suddenly burst out with a sentence that almost made Ma and Ren vomit blood on the spot: "Hong Kong stocks have plummeted, what does it have to do with me?" After finishing speaking, Zhong Shi closed his eyes directly and ignored the two of them.
The lethality of this sentence is far more powerful than the sentence just now, which directly made Ma and Ren look at each other, and they didn't know how to continue.
Half a day later, when Zhong Shi reopened his eyes and found that the two of them were still standing in front of him like tree stumps, he couldn't help but be a little annoyed, and said in an unkind tone: "I know what you want to ask." It depends on their intentions and movements, and it is enough to take a good look at the trading situation of the Hang Seng futures index market. If I'm not mistaken, today they must have taken advantage of the market crash to close some of their positions. Also, the foreign exchange market should also be stared at, according to the logic of my analysis, since their purpose of feints in the foreign exchange market has been achieved, then they will naturally start to cover positions in Hong Kong dollars. If the Hong Kong dollar appreciates, it will speak for itself! ”
Although he still looked casual on the surface, Zhong Shi knew very well in his heart the intention of the two of them, which was nothing more than asking about the movements of international speculators and the like. Although he hasn't carefully observed the situation on the market, he put himself in his shoes and thought about it, if he is an international speculator who attacked Hong Kong, he will make a profit and leave the market as soon as possible if he has earned so much profit in the past few days, after all, the most important thing is to settle down for safety.
As soon as the two of them heard Zhong Shi's words, they immediately understood, and they didn't bother anymore at the moment, and quickly left Zhong Shi's room.
Zhong Shi was disturbed like this, and naturally he had no intention of going back to sleep, he shook his head helplessly, lit a cigarette, and smoked it with taste. Half a day later, I suddenly found that today was really a little too quiet, except for the two people who were not very interested just now, there was no phone call, and in normal times, there was a phone call almost every half an hour, except for internal people, it was the analyst of the brokerage, the chief economist and the like.
The more he thought about it, the more strange it became, Zhong Shi couldn't help but look at the phone on the table, which made him laugh dumbly, I don't know when the phone line was unplugged by himself, no wonder there was no phone for so long. Zhong Shi scratched his head and got up to connect the phone line, but before he could get back to his place, the phone was already ringing.
"Hey, hello!"
Zhong Shi frowned, and he felt that something was wrong in his heart, it was obvious that the caller was quite urgent, and he might have been dialing his number.
"Hey, is it Zhong Sheng?" The person in the microphone breathed a sigh of relief when he saw someone pick up the phone, he had been dialing continuously for more than half an hour, but no one answered the phone, and now he finally got through, which made him extremely excited.
"Agent Yu, is there something wrong?" Zhong Shi heard from his accent that it was his futures broker Yu Detong, and he felt a little strange in his heart, but obviously he didn't take it too seriously, so he asked casually.
Yu Detong on the other end of the phone was speechless for a while, and then asked cautiously: "Zhong Sheng, did you sell your short position?" ”
"Probably not, right?" Zhong Shi tilted his head and thought for a while, "Without my trading instructions, you can't use my account, I shouldn't have given relevant instructions, right?" ”
"Yes! Be! Yu Detong hurriedly cleared up, "We didn't use your account without permission, you can rest assured of this." Zhong Sheng, the stock market fell sharply today, why didn't you take advantage of the low point to close the position, and then there was a rebound, and the floating profit on your account lost a lot! ”
“……”
Zhong Shi was speechless for a while, he naturally couldn't tell this conscientious broker, saying that he was asleep and forgot to operate, so he could only stand up for a long time before he reluctantly found an excuse: "My short positions are for hedging, long-term holding, and I don't care about overnight gains and losses." ”
As soon as his words fell, there was a gasp from the microphone, and after a while, Yu Detong grinned and said: "Since this is the case, do you need me to help you transfer part of your position to the November contract?" ”
After Zhong Shi established a short position before, he has not operated on a large scale, and with the continuous decline of Hong Kong stocks, the profit of this part of the position has gradually increased, which has also made Yu Detong's brokerage behavior look sideways, after all, the position of 8,500 short selling contracts is extremely rare in any brokerage house.
When the Hang Seng Index fell to 10,000 points, the whole brokerage house was boiling, because according to the average price of Zhongshi before, if the position was closed at that time, even if the price was around 10,000 points, the final profit might be close to 1.8 billion Hong Kong dollars. Although there aren't many margins on the brokerage side, the fact that their clients make so much money is definitely a big positive for their reputation.
During the session, Yu Detong frantically dialed Zhong Shi's phone, hoping that he could close all his positions as soon as possible, but the tragedy was that Zhong Shi's phone couldn't get through, and naturally he didn't know how Zhong Shi operated on his side.
When the market closed, the entire brokerage house sat around in anticipation of the birth of a myth, and to their shock, the open short positions in their seats barely changed, and they were surprised by the fact that the big shorts didn't even trade too much, except for less than 1,000 reductions.
After the shock, the entire brokerage house was active, and they had to get rid of their responsibilities as soon as possible, if it was not timely notified and the customer could not liquidate the position in time, it would be difficult to say that they would have to suffer a lawsuit. Naturally, Yu Detong began to call Zhong Shi frantically again, and finally the emperor lived up to his painstaking efforts and let him dial half an hour later.
After hearing what Zhong Shi said about hedging, Yu Detong let go of a big stone in his heart, but before he could relax for long, he heard Zhong Shi say: "You don't need to change the month, and add another 2,500 short selling orders, in October, no matter what price it is, you have to fill it up tomorrow, understand?" ”
Yu Detong's face on the other side of the phone twitched suddenly, and he didn't know what to say for a while.
If it is only for hedging, then at this time, when there are already so many profits, it is long overdue to consider reducing some of the positions first and transferring them to other months' contracts, after all, there are only a few days left in October. And with the Hong Kong government and listed companies responding positively, there is a good chance that the Hang Seng Index may rise tomorrow, and it would be unwise to go short in this situation.
But before he could express his concerns, he heard Zhong Shi continue: "You can rest assured, at most, I can still afford to pay." ”
Yu De also thought that in a few trading days it would be the delivery date of the October futures contract, and even if there was a sharp rise of 1,000 points, the balance in Mr. Zhong's account would be enough to pay, so after agreeing, he hung up the phone. (To be continued......)
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