God of Rebirth Trader

The Hong Kong government has used almost all the foreign exchange reserves at its disposal, absorbed them all, and defended them on all fronts. On average, stocks worth HK$500 million change hands every minute.

On weekdays, the daily turnover of the Hong Kong stock market is only three to four billion.

Today the price rose to more than 7 billion in just five minutes after the market opened.

Not surprisingly.

....

"sell!"

"Sell another 80,000 lots!"

In the trading hall of the Stock Exchange, the crowd began to become noisy.

Many financial institutions on the market began to instruct traders to sell orders.

They sold stocks crazily on Henderson Land, South China Morning Post, Hopewell Holdings, Wharf Holdings... many blue-chip stocks, constantly driving down the stock prices.

With their strong cooperation, the Hang Seng Index fell through 7,500 points in just one hour!

The turnover is as high as 70 billion!

The moment the Hang Seng Index fell below, countless panic orders poured out from the market, exacerbating the decline of the Hang Seng Index.

Restaurants, teahouses, in front of the TV...countless Xiangjiang citizens exclaimed!

“Can’t the Hong Kong government hold on?”

"It's over!"

"Throw it away quickly, it's too late if you don't run away..."

at the same time.

Inside the Hong Kong Monetary Authority.

Countless traders looked nervous and kept tapping on the keyboard to perform buying operations. Many people had sweat on their foreheads and did not even dare to wipe it off.

There is no time to wipe it.

Because there are approximately more than one million futures contracts expiring on that day.

With the support of leverage, every tick of the Hang Seng Index means a fight of tens of billions of Hong Kong dollars.

Countless people have liquidated their positions or made huge profits.

Traders, there is no breathing space at all.

"Hurry up and bring the index back!"

Liang Zhaomin saw the Hang Seng Index smashing through 7,500 points and walked around anxiously.

The financial institutions in Xiangjiang are basically all foreign-funded, with complex composition. None of them is reliable. For a little profit, they will not hesitate to serve as pawns and death squads for international hot money.

National crisis is upon us!

There is no sense of the big picture.

They are frantically plundering the hard-earned money of the people of Hong Kong without any shame, let alone guilt.

There are even many people who are simply white-eyed wolves with yellow skin!

"Director Liang, we have notified all 18 Chinese-funded institutions in Hong Kong to enter the market immediately! We fully support the market protection action!" the vice president of Hua Xia Bank put down the phone and hurriedly said to Liang Zhaomin.

"Thank you! Thank you very much!"

....

Almost at the same time.

Antler Building, trading room.

More than 20 traders, sitting in front of computers, are frantically buying futures contracts.

"Below 7500 points, you can have as much as you want!"

“Buy as much as you can!”

"Hold on tight!"

Lin Hai, the director of the risk control department, served as the commander of this plan.

The main reason was that Feng Yiwen got the opportunity to go to the Stock Exchange, which led to him being "taken in at the last moment" by Chen Weidong.

Because their bids were higher than the market price, they were matched with transactions almost as soon as they were listed.

In just ten minutes, they had bought more than 600,000 contracts and spent almost 15 billion Hong Kong dollars.

Futures are counterparty transactions. A short order must correspond to a long order. It is impossible for there to be more short orders than long orders.

There are as many long orders as there are short orders.

The top 20 positions by open interest will be announced by the futures exchange within one hour of the close of the day.

This is also the reason why traders in Infinite Private Equity did not buy in advance.

AM:11:35.

There is less than half an hour until the morning close.

The Stock Exchange, in the trading floor.

Chen Jie got a cup of coffee and watched the index keep falling, without any fluctuation in his heart.

"Brother Chen, why don't you buy it?" Huo Wenming said in surprise when he saw that Chen Jie was still in the mood to drink coffee.

The traders of Infinite Private Equity were all sitting in their seats, only looking at the display, without any intention of taking action.

"We just bought one billion, and we were all trapped." Chen Jie looked frustrated, like a defeated rooster.

"Haha, we just sold short and made some profit. If you had listened to me earlier, you would have made a fortune long ago." While showing off, Huo Wenming did not forget to give hypocritical advice.

The Hang Seng Index was suppressed by many of these institutions and soon fell to around 7,450 points. Coupled with the increasing panic in the market, the index continued to decline slowly.

"Unprecedentedly powerful" is the word used to describe them.

Chen Jie sighed and didn't reply.

Ah Wei called and said not to take action all morning and what he could do.

The only 1 billion position he held was only at his strong request that Feng Yiwen reluctantly agreed to "buy a little and try it out."

In the current situation, he didn't dare to be an outsider and command an expert.

I still have this bit of self-awareness.

He raised his coffee cup and took several sips, shaking his head from side to side.

This sudden move was quickly captured by the camera.

Seven or eight reporters heard the news and hurriedly came over, thrusting the microphone directly in front of him.

Everyone in the venue was busy trading and had no time to be interviewed. Now that we finally caught someone who was idle, it was Chen Jie. How could we let him go?

A TVB reporter asked: "Mr. Chen, the Hang Seng Index has fallen below 7,500 points. How much stock did you buy?"

Facing the camera, Chen Jie put down his cup and said with some guilt: "Our company has purchased one billion worth of stocks."

Another reporter immediately asked: "Mr. Chen, didn't you say that you would fully support the Hong Kong government's bailout? Why did you only buy one billion?"

"Is it because you are not optimistic about the market either, so you decided to withdraw temporarily?"

“Did Infinity Private Equity short-sell the Hang Seng Index?”

Faced with this reporter's unfriendly remarks, Chen Jie frowned and said: "Of course we must fully support the Hong Kong government. The current stock market is just a technical adjustment and will rebound soon. In addition, our company will only do

If you are long, you will not be short. Don't let the wind be the rain..."

The live interviews within the Stock Exchange were directly transmitted to the television screens of countless Hong Kong citizens through signals.

Through Chen Jie's speech, many people were talking about it.

Most people think that he is cowardly and must not be optimistic about the market, otherwise he would not have bought only one billion.

You must know that any previous bailout by Infinite Private Equity started with several billions of funds. Now that it has only reached this point, the conclusion is self-evident.

As for the technical adjustments Chen Jie said, no one believes it.

As soon as the news came out.

Countless investors sold off, exacerbating the stock market's decline.

7442.

7429.

7411.

....

In the blink of an eye, the Hang Seng Index will fall below 7,400 points.

Many people in the Stock Exchange held their stomachs and laughed, and even gave Chen Jie a thumbs up and "praise".

"Brother Chen, you did a great job!"

"Boy, you did a good job, just say a few more words."

"Young boy, Serei!"

.....

Chen Jie's jaw dropped to the ground as he stared at the rapidly falling Hang Seng Index.

A voice whirled in his mind: "When your enemy praises you, you probably did something stupid."