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This is Chapter 700. Chapter 700 was originally supposed to be published at 19:00 on the 29th, but I changed it to 19:00 on the 28th. I'm sorry everyone. I can't change the title until the editor comes to work. I haven't had time to type since last night, and I'm still out there now. ...I borrowed a computer to modify it...Sorry!

Chapter 700: Seize the initiative

As time passed and Lei Hao's attack deepened, no matter how stupid the short seller was, he felt something was wrong.

"We have too much money sitting around and that's not right! It's not right!"

"Who is following the bearish trend? Europeans? Asians? Something is wrong! Something is wrong!"

"Once again, our idle funds are over the line, absolutely over the line! Damn it, where is the institute's analysis conclusion? I don't believe that the market can abandon our participation, this is impossible!"

The first thing to react was the elites responsible for front-line trading. At the beginning of this kind of war, they felt that they were too idle. Their tense nerves could not be relieved by the trading orders, and their own funds were always abandoned on the edge of the market. But they are the main force! They are the main force!

The traders felt as if a pair of hands were holding their necks, keeping them breathing but unable to breathe in and out smoothly.

"Damn, maybe we shouldn't wait, we already have enough advantages!"

"There is no certain victory in the financial market, and risks and returns coexist!"

"We are pursuing the Double Ten criterion too deliberately. 10% gain? 10% risk? We can get more."

Just like in a war, soldiers on the front line are more willing to trust their intuition than the so-called plan. The financial circle is very rigorous, but no matter how rigorous the system is, when the pressure inside reaches its peak, the traders can no longer bear it. If their superiors don't attack, their mentality will be hit.

The short sellers did not expect this situation at all. They were obviously the main force, but they were always squeezed to the edge of the battlefield to watch the battle. However, it seemed that the long and short sides were evenly matched in the field. This is too unreasonable.

"6.9! 6.9! Don't worry about other situations, we are the main force!"

"Place an order! Place an order! Showdown with the Europeans! Let the Asians see our strength!"

"Stop hesitating and ignore the opinions of those nerds in the institute! I will be responsible for anything that happens!"

Voices rang out one after another, and disagreements arose within the short sellers. The person directly responsible for trading ignored the "nerds" in the research and analysis department and obtained authority from his immediate superiors to directly suppress the RMB exchange rate.

Yangcheng, Thunder Investment.

"Don't be afraid of them, place an order! Place an order!"

"They will get out! They don't dare give up these profits!"

"Scare them off! Scare them off!"

The frontline operators on Lei Hao's side could hardly bear it any longer. They kept pretending to be cowardly, kept fighting with their left hands, and kept accumulating strength. Everyone was working very hard.

But unlike the short sellers, Lei Hao has absolute authority among the bulls. From the research and analysis department, to the traders in the front-line trading department, to the high-level project leaders and China's financial regulators, everyone puts their trust in Lei Hao in hand.

Traders can have mood swings, but they always obey Lei Hao's instructions, and all instructions are implemented without compromise.

Lei Hao is like a brain, and everyone else blocks their thoughts, leaving only their emotions fluctuating, but they never question it. After all... hands and feet don't need to learn to think.

Facing the attack of short sellers, Lei Hao cannot admit defeat at this time. Once he admits defeat, all your previous disguises will be exposed.

The exchange rate fell and broke through 6.9. For the bulls, it seemed like they had gained greater profit margins. Can they continue to pay less? Of course not.

A large amount of funds are consumed at 6.9, and Lei Hao's short selling at less than 6.9 and buying after breaking through 6.9 represents continuous losses, which is equivalent to buying high and selling low.

HSBC, Ketak, Standard Chartered, Prudential, Qingyu and Hanlong all acquiesced in this operation. Even when Lei Hao allocated them a loss quota, they also accepted it.

Think about the overall situation and don’t pursue small profits.

The bulls' madness after the exchange rate fell below 6.9 demonstrated their strength, and at the same time, the front-line traders of the shorts were criticized by the research and analysis department.

From the data point of view, this attack seemed too reckless, so after lunch, the exchange rate returned to less than 6.9. The short sellers continued to feel uncomfortable, while Lei Hao continued to quietly accumulate strength.

The situation seems to be the same, but the difficulty has increased because the short-term front-line traders have the consciousness not to withdraw their orders and increase their financial participation. In other words, as long as they place orders, they will never want to do more for more benefits. And revoked.

"I will not accept your order." This sentence came to Lei Hao's mind, but a smile appeared on his lips: "Unfortunately, I almost have enough chips."

"689.50! 9 billion!"

"9.1 billion!"

"9.5 billion!"

"10 billion! Lei, 10 billion US dollars! The face value of the contract is hundreds of billions! Is it enough? Is it enough!"

As their own contract positions were rapidly accumulating, people other than Lei Hao were going crazy. If they couldn't get victory after absorbing these contracts, they would lose double money.

"Enough, enough! Stop it! Hedge at 6.9!" Lei Hao said simply.

As soon as Lei Hao finished speaking, the trading volume in the RMB and foreign exchange market immediately decreased rapidly. The main short-selling order was exposed, and a large group of people were dumbfounded.

"Why did you withdraw so suddenly?"

"Bulls are out of funds? Want to retreat?"

"It's true. There were a lot of inquiries between June 9 and June 91. I'll wait and see."

Although it was a retreat, it cannot be said that there was no expression at all. Lei Hao quickly asked traders and traders to release their intention to absorb contracts in the 6.9-6.91 range through various channels, indicating that they were only retreating slightly, not admitting defeat.

A lower exchange rate means that short sellers need to pay higher costs. However, the RMB breaking 6.9 is not a failure. Short sellers need to touch the 7 yuan mark, and at least hold on to 6.95 to stabilize the market.

The market is silent, and everyone in the know knows that next is the main performance time. Regardless of whether it is long or short, the moment when energy, risk, and explosive power are most concentrated has arrived.

"Can you win?"

"Can win!"

Bulls have all strengthened their beliefs. How frightened they were at the moment, they have strong beliefs at this moment.

Lei Hao's analysis of the market has not made any mistakes so far. His miraculous peak operation has everyone in the palm of his hand. If something happens at the last moment, everyone will admit it.

If the cauldron sinks the boat, a hundred and two Qin passes will eventually belong to Chu; if you lie down on firewood and taste the courage, three thousand Yuejia can swallow Wu.

You guys have endured it for so long, and if I don't give you a hard blow now, you won't be able to cope with the thrilling experience ahead.

A large number of buying orders are put out, and the bulls feel like they are turning into serfs and singing. The large number of orders are like a mighty elite army, standing there waiting for the bears to attack.

This is also what Lei Hao wants. The bears are very powerful. Even if they retreat in the original time and space, Lei Hao cannot guarantee that their power is indeed that much.

Therefore, momentum is very important! I am not empty, I am rich, I have a lot of funds, and with proper information disclosure, I can let you know: I have dug a grave for you!

"From this moment on, I want to seize the initiative!" The confidence in Lei Hao's eyes reached its peak.