February 28 is a Saturday, which is a day off and the stock market is closed.

However, this day is the delivery date of 90% of the short orders in the market, and according to the agreement, Soros and these shorts must return the shares they borrowed from various securities companies to these securities companies before 23:59 this evening.

This is undoubtedly a big doomsday for all bears, their stocks have long been thrown out as shells to suppress the stock market, and now they have to repay the debt, then they can only buy it from the stock market, but the price is about 100% higher than the price of their original stocks.

And money may not be able to buy, after all, when the entire stock market is fully bullish, many investors will just hold on to the stocks, hoping to grow back, and it is very difficult for you to expect them to sell the stocks.

Including Soros, although these bears have been buying stocks frantically in these days, they have gained very little, and in the end they only got back about 30% of the shares, and there is still a 70% gap that has not been filled.

In other words, they don't have any shares to return to the various securities companies at all.

Then, according to the regulations of the securities company, the securities company will use the assets pledged by each short position to them and settle the account according to the stock price on the day of settlement.

For example, Soros borrowed 100 million shares for $10 billion, and the price of each share was $100.

But now that the stock has risen to $200 a share, Soros has not been able to return the 100 million shares. Then each securities company will convert all the $10 billion pledged by Soros there into 50 million shares at a price of $200 a share.

But this is not the end, Soros will still owe $10 billion to the securities company, if you add the interest rate on the previous borrowing of stocks, it is $10.5 billion.

And every day Soros delays the repayment of the debt, then he has to calculate the liquidated damages for one day, and this liquidated damages are calculated upwards with interest, and every day is an astonishing interest of tens of millions of dollars.

If Soros still does not repay within a certain period of time, then the securities company has the right to apply for liquidation of all the assets of Soros's quantum fund and make up for its losses with these assets.

This means that if Soros doesn't get on the account, the entire quantum fund will be finished, so Soros will have to settle the account before the final settlement deadline on February 28 no matter what, even if he smashes the pot and sells iron.

Of course, it is impossible to liquidate the Quantum Fund.

Soros has borrowed a total of $30 billion in shares, and he has regained about $10 billion in shares after desperately acquiring them these days, and these shares can all be returned to securities companies, so there are still about $20 billion in shares that cannot be returned, and the current price of these stocks has risen to nearly $40 billion, that is, in addition to paying off the stocks, Soros has to repay another $40 billion to securities companies.

However, Soros still has about $15 billion in cash in his hands at the same time, and the cash he mortgaged in the securities company is $30 billion, so Soros only needs to hand over 11.2 billion of the $15 billion in his hand (including $1.2 billion in interest) directly to the securities company, and then count the $30 billion mortgaged, and the securities company's accounts can be settled.

But this time, Soros will lose a total of $30 billion in funds, but he will lose 26.8 billion, and in the end only 3.2 billion remains, which can be said to be a stupid loss.

And even more tragic are the international tourists, who entered the market later than Soros and exited later than Soros, which means that the cost in their hands is much higher than Soros.

As a result, the vast majority of international tour capital, even if it is not enough to lose all the costs invested, they have to sell more of their assets to pay off their debts, and many people in charge of international travel funds are said to have jumped off the building directly.

It's just dead, it's a hundred.

But Soros has already died once, and there is no point in dying again, he can only do everything he can to reduce his losses.

It is said that on the night of the 27th, Soros was in the hospital bed without anyone for a day, but the next day, Soros magically disappeared into the ward, and no one knew where the big guy had gone.

Only the front desk lady of Fuso Daqian knew that at about 9 o'clock in the morning, when the whole company had just started work, an old man wearing a thick windbreaker and sunglasses, but his white hair was particularly conspicuous, appeared at the front desk of the company.

"Hello, old gentleman, what can I do to help you!" The front desk asked with some curiosity.

This is the first time this front desk has seen such an old man in the company, because Fusang Daqian's business generally does not involve the elderly.

"I want to see your chairman Jia Yapeng!" The old man said crisply.

"Hello, although Mr. Jia is the chairman of our Daqian Group, he ......"

"I know he's not here, he's at XG now, but I've bought a plane ticket in 1 hour and I'll be there in XG in 4 hours. I hope you tell him that I will invite him to tea at No. XXX Longhua Road in XG Repulse Bay, and ask him to come over! The old man said crisply.

"Old gentleman, you may not understand, I can't ......" This front desk is a little stupid, she has been the front desk for so long, and she likes to arrange people for others so much, but she has never seen it!

"You tell him that it was his defeated general Soros who invited him to dinner!" The old man sighed, then took off his sunglasses, revealing his own face, his somewhat haggard and pale face.

"Who is Soros?" As a result, the front desk asked stupidly, and almost didn't make Soros, who was already very empty, angry to death.

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"What is this old guy coming to us for? I want to retaliate by direct force! Zhu Qiushui, who received the news, was startled, and then said to Jia Yapeng, "Husband, you better not go, or let someone else go for you!" ”

"It's impossible, people in our position won't use this kind of means, otherwise there will be endless troubles!" Boss Jia smiled, "Besides, Repulse Bay is my territory, the villa he said is actually next door to us, I will let people go in first and control the entire villa!" ”

"Aren't you forcibly breaking into a house?" Zhu Qiushui was stunned for a moment.

"Yes, so the guy who broke in will honestly pay the bail, and it's not expensive, it's just a hundred thousand Hong Kong dollars!" Boss Jia said with a smile.

"Okay......" Hearing that Boss Jia was obviously breaking the law, Zhu Qiushui could only shake his head helplessly, but the issue of safety must not be negligent, for the sake of safety, it is worth doing anything excessive.

"Then do you know why Soros is looking for us?" Zhu Qiushui asked curiously.

"I guessed a little!" Boss Jia shook his shoulders and said, "Don't worry, this time is a good thing, I can't wait for him to come!" ”