Dominate South Asia
Chapter 434: Stock Price Falls
Thirty points, fifty points, one hundred points, everyone felt a great fear when they saw the downward curve.
No way? How could it fall by one hundred points? Has the stock always been so funny recently?
They watched intently, hoping that after falling by one hundred points, it would have reached the turning point and then rise again.
However, the line seemed to have no signs of stopping. It fell below one hundred points and continued to fall, one hundred and twenty points, one hundred and fifty points, two hundred points...
Mr. Li felt that his heartbeat was accelerating inexplicably. This might not be an ordinary rise or fall, but a stock market crash!
Everyone's eyes were on the downward line. In just two hours, it had fallen by two hundred points, which was beyond everyone's psychological tolerance.
Many people were borrowing money to trade stocks. Falling below two hundred points meant that they had no profit.
However, the line is still falling, 250 points, 300 points...
"Hurry, sell the stocks in your hands!" Finally, one person took the lead in reacting. At this time, if you sell them early, you can reduce the loss early.
Grabbing the keyboard of a computer next to him, this person began to operate nervously and sell the stocks he held immediately!
However, this is easier said than done! When the stock is rising, it is easy to sell it, and you can find the next buyer at any time. However, now that the stock has fallen by 300 points, everyone can see that there are problems with the stock. Who dares to take over?
All people are taking action, hoping to sell the stocks in their hands. At this time, no one will be stupid enough to buy stocks, so all transactions. Cannot be completed.
Li Sheng watched the stock curve continue to decline, and he felt his heart beating hard. This is his wealth in this life. After falling so much, his wealth is shrinking rapidly, and there is no limit yet. It is still falling!
There was a severe pain in the front of his chest. He covered his chest and slowly fell down, his whole body began to twitch...
"Quick, call an ambulance, Lao Li's heart attack has recurred!"
Li Sheng looked at his chest with weak eyes. There was a quick-acting heart-saving pill there. As long as he took the pill, he could temporarily save his life. Unfortunately, everyone was anxiously watching the decline of the market. The only person who had a good relationship with him was waiting for an ambulance and had no idea about the common sense of rescuing heart disease.
When the ambulance came, Li Sheng's heart had stopped beating...
It used to be close to 4,000 points without limit, but now it has become an unapproachable number. On this day, the market fell by a full 500 points! The wealth of countless people was instantly wiped out.
That night, in the middle of the night, someone jumped from a tall building. Those who borrowed money to trade stocks had loan sharks coming to collect debts. There was no way to repay, and there was only one ending.
At the same time, the important institution that regulates the stock market. The Board of Directors of the Hong Kong Stock Exchange was also holding an emergency meeting.
This is not a good sign. Today, the stock market fell 500 points without any signs!
"We must find a way to save this stock market crash. If we can't get through this crisis safely, everyone present will face the risk of unemployment." Chairman Zhan Yousen said with a heavy heart.
"Yes, we must come up with a countermeasure." Vice Chairman Li Fuzhao was also worried: "An old man has died of a heart attack in the stock exchange. The media is making a big fuss about it, which is very unfavorable to us. If we can't save the current situation, we will be blamed by the entire Hong Kong people. I hope that the Financial Secretary, Financial Secretary and Securities Commission Commissioner present here can provide us with some suggestions."
This is different from the stock market storm in 1987. The 1987 stock market crash in history was caused by problems with US stocks first. Now, the stock market crash first broke out in Hong Kong. Hong Kong is an important part of the world economy. Problems in the Hong Kong stock market will cause problems in other stock markets. Hong Kong is under great pressure.
"Today is Wednesday. There are quite a lot of transactions today, but our computer system has stagnated, which makes the transactions unable to be completed. We can announce that the stock market and futures market will be closed for two days to clear a large number of unfinished transactions. In this way, we can have a four-day buffer time when the market opens next Monday. At the same time, we have to make publicity in these two days. The stock market fell this time mainly because many people set up computer programs to sell. Don't panic. Our Hong Kong economy is very stable and there will not be such a large-scale stock market decline. The main reason is that everyone lacks confidence. As long as everyone's confidence is restored, our stock market can still reach 4,000 points again." A specialist said.
Why did the stock market fall? Because the fluctuation of the stock triggered the computer program. Many stock traders do not have time to spend every day on the computer staring at the stock, so they use the computer program. When the stock falls to a certain value, the computer automatically sells the stock. Today's decline just reached a critical point, so a large number of computers automatically sold stocks, further causing the market to fall, forming a vicious circle.
This is the main reason for this stock market crash.
Therefore, the market will be closed temporarily to stabilize the psychology of investors. Next week, people will come to their senses and reinvest their funds in the stock market. In this way, the market will surely rise again.
"Yes, we also want to declare that this stock decline has reached the best turning point. We must take action when it is time to take action. Don't miss this good opportunity to buy the bottom!" Another person said, his face, He often appears on TV stock analysis. In the minds of investors, he is an absolute stock analysis expert.
Only by attracting a large amount of funds back into the stock market can the stock price continue to rise. Otherwise, the consequences will be incalculable.
What are stocks? In fact, it is a financing method for the company. This stock was originally worth only three yuan, but it was sold to 20 yuan. Then, the company raised six times the financing, giving the company enough funds to develop. Now, once the stock market crashes, some companies that have difficulties in capital turnover will go bankrupt due to the stock market crash, and Hong Kong's real economy will also be greatly affected.
Therefore, the stock market also has an important influence on the economy of the country and region. If Hong Kong's stock market plummets, many companies in Hong Kong will collapse immediately, and Hong Kong's economy will collapse.
Now, there are still ten years before Hong Kong returns to the mainland, and it is also the last post of the British government here. The British government is definitely not willing to see Hong Kong's economy in a mess at the end. This is simply a disservice to Hong Kong. A naked disdain for management ability.
"Today, Hong Kong stocks have plummeted, and many investors are panicking. Now, we have interviewed Hong Kong's financial expert, Mr. Liu Rongguang, and asked him to analyze what is going on with Hong Kong stocks." In the evening, prime time, Almost all TV stations in Hong Kong are broadcasting this interview.
Many people watched attentively, looking at the expert they trusted on the TV. In the past few years, this expert has guided them how to trade stocks. Many people have managed their finances under the guidance of this expert. His analysis, Many people value it.
"Today, it was completely a failure caused by a computer program." The entrepreneur said: "Now, computers have entered everyone's lives, making our work more convenient, and at the same time, it has also brought many problems, such as Our stock market plummeted today because of a computer glitch."
The culprit is pushed onto the computer. If the computer could talk, it would probably stand up and curse people.
"Some of our stock investors don't have time to trade in stocks, so they set it up in the computer program. Once the stocks fall, they will sell them. This can reduce the actual losses." Zhuan said with a smile: "But today Well, there was a problem with the computer system. The index could have reached 4,000 points, but the display on the front desk , but it has dropped. This drop caused the computer system to automatically sell the stock. With this sell, the stock price really fell. As soon as the stock price fell, many people began to sell the stock, which is why today’s price dropped by 500 yuan. The phenomenon of points, in fact, if everyone can keep the stocks in their hands, it will be absolutely no problem to hit 4,000 points. "
Zhuan's words gave everyone confidence: "So we closed the market for two days to repair the computer system failure and resume the interrupted transactions. When the market opens next Monday, the stock price will definitely rise all the way. Everyone must pay attention to Hong Kong's The economy is confident and currently, we are monitoring Data shows that there is no large amount of capital outflow from Hong Kong. Moreover, there is still a large amount of capital flowing to Hong Kong. They must be foreign investors who have seen that our stock market is profitable and are ready to enter our stock market. Don’t panic. . See you on Monday.”
Brick's analysis is clear. Those desperate people who want to commit suicide have regained their courage. Anyway, the market is closed now, and there is no possibility of any operation. Let's look at Monday.
"We have monitored that there is indeed a huge amount of funds entering our Hong Kong market." At this time, the Hong Kong Stock Exchange finally played its due role, and Hong Kong's regulatory agencies also discovered these anomalies.
"If this fund is to help us get through this crisis, then it's okay to say that if they want to make a fortune, then we will face greater danger." Zhan Yousen said.
Although they can see the danger, they have no choice but to ask investors to reinvest their funds into the stock market, so as to build confidence among investors. (To be continued ~^~)
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