Chapter Ninety-Five: 80 Billion Bailout
Chen Jie was sweating profusely, and if he didn't make a move, the Hang Seng Index would inevitably fail!
"General manager, it's only less than two o'clock now, don't be impulsive!" Feng Yiwen hurriedly dissuaded.
He must consider the overall situation, although they have a lot of funds in their hands, but Chen Weidong has confessed that they must not enter the market before two o'clock!
....
"Sell!"
"It's 7416!"
"Keep selling! Smash them all out! ”
"Don't hold anything back!"
International Tourist Capital and financial institutions in Central made concerted efforts, with 32 Hengsheng shares, and the HKMA's buying defense line was overwhelmed by the sky-high number of orders.
Rumble~
The psychological threshold of 7400 points of the Hang Seng Index was only supported for three minutes, and it was smashed through by a huge force and instantly plummeted to 7387 points!
"It's broken! It's broken! ”
Short sellers on the Stock Exchange cheered.
After a 20-second delay, the five million people in Hong Kong who were watching the live TV broadcast also received the news of this thunderbolt.
"There will be no miracles!"
"Run!"
At this moment, the panic effect reached its highest peak since the financial turmoil!
No matter how firm the shareholders are, they can't help but follow the trend and sell.
The only buyers in the market, the HKMA, could not withstand it, and the remaining sporadic retail investors were like rivers of sediment, which could only go with the flow and could not play any role at all.
In the face of the earth-shattering profits of "the Hang Seng Index fell to 4,000 points", the world's bears poured out, and not only the 32 Hang Seng sub-stocks had a tragic fight.
There are more than 500 stocks in the entire Xiangjiang stock market, and the prices are all beating violently and decreasing....
Shareholders trample on each other, for fear that they will run late, many stocks plummeted by several points in a minute, and a lot of wealth was evaporated and harvested.....
Soros's scythe swung rapidly, and the defense line of the stocks was pierced.
Travelers from all over the world have joined in this feast.
The turnover of the stock market skyrocketed in an instant, reaching a terrifying 370 billion!
"I don't care, I ask you to enter the market immediately!"
Chen Jie shouted loudly with red eyes, grabbing Feng Yiwen's collar.
Although he is not very proficient in stocks, he also knows the horror of the herd effect in the stock market.
At this moment, he just wants to gamble, even if it is bankrupt!
"I'll call and ask Mr. Chen!"
Feng Yiwen did not expect that the trend of the stock market would take a sharp turn in just a few minutes.
Realizing the seriousness of the problem, he had to call for help.
Toot toot...
The phone rang several times, but no one answered at all.
"General manager, the line is busy, you can't get through at all!" Feng Yiwen shouted loudly.
The Stock Exchange is full of people, countless people are frantically bidding, no different from the vegetable market, you have to speak loudly to be heard.
During this period, thousands of buy orders were filled every second, and countless stocks changed hands.
"Since I can't get in touch, then in the name of the general manager, I ask you to enter the market immediately!"
"I'll take all the responsibility!"
Chen Jie was completely relieved, and immediately made this unforgettable decision to 20 traders.
....
The Hang Seng Index caused violent fluctuations, which means that the rescue has completely failed, and Soros and others can still make profits.
Meanwhile.
Inside the Hong Kong Monetary Authority.
"What are you doing! I can't even resist this bit of selling! ”
"Waste?!"
Liang Zhaomin pointed at the many traders in the market and yelled angrily.
Soros stormed the Hang Seng Index, and the 1 billion buy defense line was broken through in an instant!
More than two hundred traders were dumbfounded, where had they ever seen such a formation.
Tens of billions of orders were smashed in one minute, and it lasted for several minutes.
The originally planned and steady trading strategy has now also deviated seriously!
Everyone panicked, they didn't know what they were going to do, they only knew how to buy indiscriminately.
However, an unorganized buy-in is simply not an effective blocking force.
International investors are the best in the world's financial system, and they are good at seizing every mistake and loophole of their opponents, and then launch the most fierce attacks.
The sell-off in the market is like an outbreak of floods, pouring down, and if you throw a few bags of sandbags into it, you will not only not be able to stop it, but will be swept away by the surging torrent in an instant.
Under the joint sniping of foreign investors, a large amount of valuable funds of the HKMA have been wasted in a futile attempt to block it.
There is not much money left!
The downward trend is unstoppable!
"It's over!"
"We will all be sinners!"
Liang Zhaomin burst into tears, looking at the Hang Seng Index flying down, his body was unstable with a center of gravity, and he collapsed to the ground on the spot.
"Director!"
"The index didn't fall! It didn't fall! ”
An assistant was surprised to find that the Hang Seng Index was displayed at 7,566 points on the big screen in the HKMA!
Wow~
On the computers of many traders, the Hang Seng Index also shows this number!
The K-line trend of the broader market, the white line, has bent up and down many times in a row, and it is obviously a fierce competition.
Everyone held their breath, and a heart rose to their throats.
"What a situation! Is the slide broken? ”
"How is this possible!"
Liang Zhaomin was helped up, looked at the display screen above his head, and rubbed his eyes vigorously.
I was shocked on the spot!
7682.
7864.
7951.
....
The Hang Seng Index has risen sharply!
Instantly exploded by more than 700 points, standing on a high of 8129 points!
....
Stock Exchange, inside the trading floor.
"How did I blow up!"
"What's going on?!"
Many people in the market were surprised to find that their Hang Seng Index futures were forced to liquidate!?
They didn't even have time to add margin, and the futures exchange didn't even notify them by phone!
When they were stunned, they looked up again and looked at the trading board, they were already standing on the spot.
In less than 30 seconds, the Hang Seng Index increased by more than 700 points out of thin air!
At present, it is still bouncing back and forth between 8094~8150 points!
"There's a problem with the computer! Bastard! ”
Zhan Zhong couldn't accept this fact, picked up the computer violently, and threw it on the ground.
"I'm going to jump!"
.....
"413, 462, 089, 067..... all to buy! As many as you want! ”
Feng Yiwen stared at the trading handicap and quickly gave orders.
Whatever happened next to him had nothing to do with him.
Now that you have chosen to enter the market, there is no way back.
Twenty traders instantly put out 50 billion buy orders and bought them at a price dozens of levels higher than the current price of the stock.
The stock prices of more than a dozen blue-chip stocks soared into the sky in an instant, and the Hang Seng Index continued to soar!
8230.
8360.
8511.
...
More than 100 billion buying orders are blocked in the handicap of these stocks, crazy sweeping!
Wall Street was in an uproar.
Bell bell bell ~
Telephones rang across the trading floor.
Countless traders picked up the phone and cursed.
The futures exchange issued them an urgent notice that their positions had been liquidated, or asked them to make an immediate margin call.
Otherwise, all their futures contracts will be liquidated after five minutes!