Chapter 1404 19885 points

Now the entire XG stock market has a bright smile on their faces, which was unimaginable more than a month ago.

No way, who let the stock market rise like crazy all the time!

After the end of the war on February 9, 1998, which made countless XG unforgettable, regarded as a classic by countless people in later generations, and made countless financial students complain, the stock market has been rising and has never stopped.

There is no way, all the bullets of Youzi and Soros were basically sold out on February 9th, and even if there were still bullets for individual Youzi, they would not dare to sell them anymore.

Because the stock market is rising wildly now, everyone is crazy to buy stocks, and whoever sells at this time is the real loss.

At this time, buying stocks is the last word!

In fact, on the morning of February 10, the rally was not so obvious, and many retail investors were afraid, what if Soros fought back again?

Therefore, the rise rate of the stock market is still relatively slow, until they find that the stock index has been rising, and some bold and smart brokerages or retail investors are frantically eating stocks, and some retail investors finally can't sit still.

Especially on February 11, when the stock index began, a large amount of money began to eat various stocks in the stock market, making the stock index rise by nearly 800 points.

Now fools can see that G shares are about to usher in a wave of retaliatory rise, and buying stocks at this time is what you can earn, and the retail investors are back in the stock market for the second time.

The stock index began to rise from a slow rise to a rapid rise.

On the 12th, the stock index returned to 8,000 points.

On the 14th, the stock index returned to 9,000 points.

On the 15th, the stock index officially returned to the 10,000-point mark, and many shareholders were moved to tears at the scene.

On the morning of the 16th, the stock index returned to 11,000 points.

On the afternoon of the 16th, the stock index returned to 12,000 points, and finally closed at 13,121 points, which rose by 2,121 points in one day, making countless shareholders kneel down instantly.

The next ascent slowed down for a while, returning to 13,500 on the 17th and 13,800 on the 18th.

But on the 19th, it started again, growing rapidly, and the stock index returned to 14,500 points.

The No. 20 stock index officially returned to 15,000 points.

The 21st returned to 15,600 points.

At 2:23 p.m. on the 22nd, the stock index regained 16,673 points, which was the highest point of G shares on July 8, 97, and G shares officially regained this point, which means that G shares completely reversed all the situation.

All this makes everyone, whether it is XG people, Southeast Asian people, or people all over the world, look stupid.

Since the fall of G shares in November '97, everyone has experienced a fantastic stock market, with G shares falling by as much as 10,000 points, and everyone's wealth has shrunk by two-thirds.

But in a month's time, everything is back, and it seems that this time it can break through the previous peak data of 16,673 points, such an amazing situation, you put it a month ago, 11 out of 10 people don't believe it.

This makes many investors feel like they are living in a dream now.

Or the later afterthought, according to the research of those professional research scholars, the reason why the stock index can recover so quickly and so crazy is that the first thing to thank is a person!

Who is it?

Jia Yapeng?

Of course not, but our Mr. Soros.

In this wave of rise, the wave of rise on February 11 is the most important, because a large amount of money entered G shares, directly rose 800 points in one breath, which made countless shareholders completely restore confidence, and at the same time found that they were about to usher in a huge retaliatory rebound, so they entered the market and continued to pull up the stock market.

And the source of this wave of 800 points is actually our Mr. Soros.

It is said that after Soros woke up from the hospital, the first sentence he said, the first order he gave was to sell stocks, and they could buy back as many stocks as they sold!

Soros actually gave up the idea of suppressing the stock market completely, and began to buy like crazy, which was like sending himself to God.

But there is no way to do it, because Soros has to pay the debt!

Soros's shares are not his own, but he borrowed them from a broker, and according to the contract, he must return them to the broker at the end of February.

But all the shares of Soros are now lost in the market, and he has no shares to repay the debt. Then, according to the rules, the broker will use all the assets and dollars pledged by Soros with them to buy back to make up for the shortfall, until all the dollars are spent.

Now it is impossible to suppress the stock market, and all Soros can do is to buy stocks as soon as possible while the price is still low, and buy as much back as he can, and try to make up for his losses.

In fact, if Soros can buy back all the stocks in his contract at this time, he will not lose much, and he can even make a small profit.

Because a large part of the stocks in his hand were sold at a high of more than 10,000 points in 97, so adding up the two sides, as long as all the stocks in Soros's hands can be sold back below 8,600 points, although Soros can't make money, he still won't lose.

That's why Soros desperately asked his subordinates to buy back the lost stocks while the stock market had not risen back to 8,600 points.

But alas, this is impossible, Soros actually threw all the cash dollars in his hand into the stock market in one go, but in fact, G shares simply don't have so many stocks for Soros to eat.

Soros probably only acquired about $6 billion in stocks, and he bought all the constituent stocks in the market that he had to repay, and he had nothing to sell!

This is also the reason why the entire stock index rose by 800 points.

After Soros, although he is still desperately buying, the shareholders are not stupid, whether they are retail investors or funds, they have already understood that the rebound of the stock market is inevitable, and no one will sell the stocks in their hands unless there is a shortage of cash flow at this time.

Confidence has made all investors empty of everything and began to fight back in the stock market.

After all, every second passes, the market value of the stock in your hand will rise, who will be willing to sell!

On the contrary, now everyone is frantically trying to buy stocks, especially those international funds, they are faster than Soros, after all, they have always been following Soros, Soros's cost of closing the position is 8600, but their cost is around 7000 points, they are also in a hurry!

This urgency was naturally topped by the entire stock market, and in order to close the position as much as possible, they could only buy stocks more hard, which is simply an unsolvable closed loop.

It wasn't until the stock market rose above 16,000 points that Soros and International Tourist Capital gave up buying stocks.

Because at this time, the cost of acquiring stocks has exceeded the cost of giving up the contract, and it is more cost-effective for them to give up the contract and give all the collateral to those institutions and banks than for them to go to the stock market to buy the stock again!

Of course, they also hope that after they stop the acquisition, they can stabilize the stock index, and maybe even fall slightly.

It's a pity that at this moment, XG suddenly poured out a statement, saying that this time XG is going to win the biggest bull market in more than 10 years, and the stock index will break through 20,000 points in the future.

Then, the whole XG, and even more international investors who had not participated in the war before, ran in again, and they were naturally long, counting on the XG stock market to continue to rise, and as a result, on February 24, the XG stock index broke through the 19,000-point mark historically.

On February 26, the G-share index broke through the 19,500-point mark

On February 27, the last trading day of February, which is also the day when all short contracts settled, the final closing point of the G stock index was 19,885 points, which made many people very regretful, if it rose by another 3 points, it would be able to close at 1,888 points, which is extremely perfect.