Chapter 194 - The First Hedge Fund (5)
The ferocious buying of Tianyu Fund seemed to deter the entire market, so that in the next half hour, there was no large sell order in the market.
"It's a bit bad, are they just holding back?"
Jiang Shan stared nervously at the plate, and whispered in his heart, "It doesn't make sense, if they are really besieging us, then they must be brewing the next wave of offensives." But so far, there has been no movement, what exactly are they waiting for? ”
Although there are doubts in his heart, Jiangshan still asks traders to be vigilant, pay close attention to the changes in the market, and at the same time hang defensive orders in the low position, so as not to be in a hurry and be caught off guard by the other party.
Having understood the opponent's actions as a siege, Jiangshan has given up on continuing to raise the price of bonds, because any such move will be met with fierce attacks from the opponent. Now, instead of taking the initiative, it is better to wait quietly for the other party's next step, and then talk about the move.
After waiting for more than half an hour, the plate was still in a state of calm and unfazed, Jiang Shan gradually became a little impatient, stood up and walked towards the bathroom, but when he was walking to the door of the bathroom, he heard a commotion in the trading room, Jiang Shan was excited, and the urine suddenly disappeared without a trace, and he pulled up his legs and ran towards the trading room quickly.
"Here they are...... Oh, my God! ”
As soon as Jiang Shan entered the door of the trading room, he heard such an exclamation, he hurriedly sat back in his place, looked at the screen, and suddenly felt that it was dark in front of him, and he almost spurted out a mouthful of blood.
A super sell order of $2 billion, a total of 2,000 sell orders, appeared neatly in the sell column. Almost instantly, the buyer was swept away. Yields have also started to rise sharply.
Not only that, not long after this super sell order appeared, another $2 billion sell order appeared, and the two sell orders were hung at different prices, firmly guarding here like a door god, becoming an existence that no one can surpass. Encouraged by these two super sell orders. The bears soon sprung up with a large number of sell orders, further contributing to the rise in yields.
In the flash of the market, the yield approached the 4% mark. At this level, the bears were noticeably active several times, while the battered bulls wilted all at once, there were very few buy orders in the market, and the yield curve was soon approaching 4%.
When you see a $2 billion sell order. All traders were stunned, and while not uncommon, selling of this magnitude was generally done by sovereign funds or governments. Most importantly, at this sensitive time, it is clear that a sell order of this magnitude could not have been the work of a sovereign wealth fund or a government.
Traders are also aware that there may be unfavorable trading practices in the current market, but they never expected it. The scale is so large. The moment the yield curve was raised, most traders made an assessment of how much to sell. The total value of sell orders, which are densely packed around 3.8%, is close to $5 billion.
Provocation, naked provocation.
What should I do, Jiang Shan glanced at the house, and found that everyone's eyes were on him, and he suddenly felt a stream of blood boiling in his body, and suddenly shouted: "Brothers." Fight with them! ”
If it weren't for Zhong Shi's words before, Jiang Shan would definitely not dare to take this idea. But now that Zhong Shi has taken the initiative to delegate power and decided the direction, he naturally wants to give full play.
Tianyu Fund strikes again!
……
An hour ago, inside the Quantum Fund.
"They're striking again!"
Rodney. Jones looked at the declining earnings line. Shaking his head and sighing, "In two days, without the help of large institutions, small institutions have thrown out a total of nearly $5 billion in bonds, which should be their upper limit." Today should be their final siege, if not, I'm afraid we will have to strike! ”
"A small fund is a small fund after all, and the scale of funds is limited, so it cannot be relied on at a critical time!"
Soros also sighed, "Don't worry, let's wait and see, Pacific Investment Management should be unable to hold back and wait for their news." As soon as they make a move, we will follow up immediately. ”
"It's a solid strategy!" Rodney. Jones nodded in agreement, but then looked at the board and said, "George, can you be sure that here, it's all Tianyu Fund taking over?" ”
"I don't know!"
Soros smiled and waved his hand, "I can't tell you what the game is. It's like you just said that small-scale funds have no chips at the moment, but how do you know that they are preserving their strength and waiting for the future to develop? However, one thing is for sure, the main force to take over is definitely Tianyu Fund, and they currently have to go all out for the previous position. Otherwise, they will face an unimaginable loss. ”
"Indeed, when it comes to this, there is no way back for them." Rodney. Jones agreed, "This is a bit too scary, even with the support of a huge amount of money, under the siege of the market, they can only be forced to admit defeat." Now it depends on when the management of the Tianyu Fund will realize the fact that they are under siege. If this time is too late, I am afraid that the entire Tianyu Fund will be implicated. ”
"Implicated?"
Soros shook his head disdainfully, "No, nearly 90% of the funds in the Tianyu Fund belong to Zhong Shi personally, and at least 99% of the remaining 10% are sworn to follow Zhong Shi." So even if there is a large-scale loss, they will not be liquidated. What we need to do now is to lay out other weighted positions of Tianyu Fund as soon as possible, and wait for the day when the news is exposed, just wait to reap the profits. ”
"What do you mean?"
Rodney. Jones obviously heard Soros's somewhat unforgiving thoughts, and a chill suddenly felt in his heart. But after thinking about it, he understood that if the Quantum Fund fell to the same level, he believed that Zhong Shi would not show mercy.
"Yes, cut the grass and eradicate the roots!"
Soros has a hideous face. He said with great resentment, "If I don't destroy them for a day, I won't be able to feel at ease for a day." ”
After being heavily defeated by Zhong Shi twice, and after playing with it several times, even if he is broad-minded, Soros hates Zhong Shi to the core. Equally. He knew that Zhong Shi would not miss any opportunity to defeat him, and for now, the current situation of the Quantum Fund was much worse than that of the Skyware Fund.
So no matter what, he couldn't let go of such an opportunity.
"Get the message out!"
Soros waved his hand decisively, and then said, "Let the trader release 2 billion chips first, I don't believe that Gross, the old fox, will not follow up!" ”
……
"Hasn't anyone moved yet?"
As Thoros gritted his teeth at Bell Stone, Gross faced the plate, his brow furrowed. A preoccupied look.
Erlian. Muhammad waved his hand at the traders, and soon an emaciated trader approached and bowed his head and whispered in his ear. Erlian. Muhammad pondered for a long time before he replied: "It may be that small and medium-sized funds realize that their strength alone cannot shake a giant like Tianyu Fund. So after a round of selling, they took the initiative to choose to wait and see. ”
After a pause, he advised Gross, "Bill." It's time for us to take a step and show them confidence and strength. ”
"There's no rush. Let's wait and see if there are any other funds to make a move first! ”
The old god Gross was there, not in the slightest, facing the east, and glanced meaningfully, "I don't believe it." The one didn't strike first! Compared with him, we don't need to be the first bird, you must know the feud between Soros and Zhongshi, which is a household name. ”
After two days of investigation, Gross has made Soros's wishful thinking clear. Originally, these news were not a secret in the industry. Combined with Soros's previous performances, Gross easily came to the conclusion that the other party wanted to treat him as a bird.
Naturally, the arrogant Gross was unwilling to be easily manipulated by others, and he secretly warned himself that he must be calm, and after seeing the Quantum Fund make a move, Pacific Investment Management Company will make a move.
It didn't take long for $2 billion to be supersold on the market. This was followed by a rumor about the huge purchase of 10-year U.S. Treasury bonds by Tianyu Fund, although the news came a little late, but it was deliberately spread by Quantum Fund traders and quickly circulated in the market at the speed of light.
"They're finally making a move!"
Gross slapped his thigh when he heard this, and said excitedly, "Follow up, like their number, to show our supportive attitude." Don't exceed that number, and don't expose our identity. Let others know that there is not only one main force of bears! ”
Soon the order was conveyed, and the traders of Pacific Investment Management Company also acted quickly, just half a minute after the sell order of the Quantum Fund appeared, another sell order of 2 billion US dollars also appeared in the market, which directly suppressed the momentum of the buyer.
At the same time, the time has come for the rumors about the Tianyu Fund to be verified, and the whole market is watching. Everyone knows very well that this kind of single huge sell order itself represents a kind of weirdness, and if this can be digested, it means that there are really rumors in this market.
……
"It's here!"
Ten minutes after Jiang Shan's order, the traders of Tianyu Fund forcefully hit the yield curve to 3.8%, and here, two huge sell orders reappeared in people's sight. Traders took a closer look at the amount of sales, which increased from $5 billion to $6 billion, and it was clear that new bears had joined in.
"$6 billion, is it going to be leveraged?" Some traders asked.
Although there is still a lot of money in reserve for Tianyu Fund, in the face of such a huge transaction, it is always a good thing to be able to use leverage, at least some of the funds can be saved. However, for Jiang Shan, what Zhong Shi has already ordered, he will not be discounted, and immediately instructed the traders: "Use your own funds directly to buy, don't care about the problem of funds, and destroy them directly!" ”
Traders were dumbfounded.
At this time, market participants, or bystanders, saw a scene that shocked them. The two sell orders that were originally like two mountains on the side, soon disappeared quickly under the strong impact of the buying order, like an iceberg melting, and there were more than 6,000 sell orders in the last second, and more than 5,000 hands left in the next second, followed by numbers such as 4,000 and 3,000. A minute later, the two sell orders were completely gone.
This means that a full $6 billion of sell orders have been fully digested. This also means that the rumors about Tianyu Fund protecting the disk are true!
The market exploded all at once!
In the subsequent trading of this day, there was no such huge trading volume, and the bears, supported by such strong news, burst out with all their energy, and attacked the bears in one go, and finally stabilized the yield at 3.5%, which was a full 15 basis points higher than the previous trading day. (To be continued......)
PS: Thank you for the past two days book friends who are crazy, Xiao Yao, apo11o, the wind waiting for the mooring, let me think about it, and the flying fly has voted for a monthly pass! When one stage of busyness finally passes, before the next stage of busyness comes, write a book wholeheartedly~!