God of Rebirth Trader

Chapter 93 Crazy Blue Chip

Chen Jie slumped in his seat in confusion.

He never thought that his casual words would cause such a big disturbance in the market.

At this moment, he truly realized that he was no longer the young man who could act recklessly.

Every move he makes will affect the market trend if he is not careful.

.....

"Awei, stop it!"

"The Hong Kong Monetary Authority can no longer stand it!"

"Don't act out of emotion, the whole world knows that the stock market is going to fall!"

In the ward of the Sanatorium and Hospital, Lin Zeju earnestly advised Chen Weidong, hoping that he could return from his lost ways as soon as possible.

Under the current situation, pouring tens of billions into the stock market will not have the effect of reversing the market at all.

For several of the blue chip stocks with the largest market capitalization, the unfilled sell orders alone are roughly estimated to be over HK$30 billion!

Who knows how many chips the short sellers still have?

When the stock investors saw this posture, they did not dare to take a breath, and they only felt that their hearts were filled with panic.

Most people who are not firm in their holdings have already sold out and left the market.

Most of the rest are long-term investors, but they also agree.

Want to go up?

It’s as difficult as climbing to heaven!

Chen Weidong was unmoved. There were still seventeen minutes left before the midday closing.

Li Xier brought a bowl of lean meat porridge and tried to feed him, but he wouldn't drink it.

He stared closely at the TV screen.

7406.

7403.

7401.

....

The Hang Seng Index on the TV will decrease by a few points every time it is refreshed.

Everyone stopped talking.

Because the next refresh will most likely start with 73.

Will the stock market trigger a new round of panic decline again?

At the same time, inside the Stock Exchange.

Under the fierce competition between the long and short sides, the Hang Seng Index miraculously froze!

The index was abruptly stuck at 7400.21 points and would no longer drop.

"Is this trading board broken?!"

"Thunder Nut! Can you move it?"

...

Zhan Zhong and others were yelling at each other in the trading hall. They had just added more than 200,000 short orders, and the index stopped at the critical moment.

He turned around and said to the trader: "Come on! Try it and sell another 50,000 lots!"

The trader quickly clicked on the keyboard and sold 50,000 lots of Huanghe Group shares.

The index on the trading board remained unchanged, and the 50,000 selling orders did not affect the market at all.

However, at this moment.

The index on the display board moved!

7412.

The Hang Seng Index actually rebounded!

A foreign capital of unknown size but with strong purchasing power began to indiscriminately acquire stocks that had been sold off by international hot money.

"what's the situation?!"

“Where did the funds come from?”

Everyone in the Stock Exchange looked at the blue-chip stocks on the monitor, dumbfounded.

No matter how many selling orders came out of the market, they were all swallowed up!

Don't look at the price at all.

The buying orders were like huge waves, instantly wiping out the selling orders for Hang Seng's shares and the top few stocks by market capitalization.

The stocks that were put on sale for more than a dozen times in a row were all traded.

Yellow River Group, Bank of East Asia, Cathay Pacific Airways...the stock prices of many blue-chip stocks soared and even turned red for a time, with the largest increase reaching 6%!

The K-line trend of the market turned around sharply and rose straight up like a rocket!

The Hang Seng Index on the display board is also beating rapidly and increasing!

7426.

7442.

7455.

7471.

....

In less than ten minutes, the Hang Seng Index returned to the 7,500-point mark!

You can vaguely hear the cheers of stockholders on the street.

"Haha, seniors, why did you lose more than me?" Of course Chen Jie would not miss this opportunity and jumped out on the spot to mock.

According to his estimate, Zhan Zhong and others held at least more than 500,000 short orders. Even if calculated as 500,000 short orders, they would have lost at least 2.5 billion Hong Kong dollars.

This level is far worse than him.

"It's impossible, how could it be promoted?!"

"Someone must have manipulated the trading board!"

"Returning to the light, returning to the light, must be returning to the light!"

...

The Hang Seng Index rose instead of falling, and many short-selling financial institutions on the market panicked.

All kinds of curses and shouts could be heard constantly.

Dang~

12:00.

The market closed at noon.

The stock market turnover was 231.7 billion!

Once again, it set a new record for the highest trading volume of the Hang Seng Index.

The Hang Seng Index also successfully stabilized above 7,500 points.

Closing: 7516 points.

"I just said it! It's a technical adjustment! If you don't believe me, there's nothing I can do about it!" Chen Jie also shouted excitedly, his pride evident in his expression.

Huo Wenming and other celebrities' faces were ashen, and their hearts ached terribly.

Everyone has lost at least hundreds of millions of Hong Kong dollars, and the risk of futures positions has exceeded 80%. The exchange has called them to notify them of a margin call.

They are not wealthy people at the level of Lin Jiacheng. They cannot lose hundreds of millions and remain indifferent.

"General manager, let's find a place to eat."

Feng Yiwen was also smiling. Unexpectedly, the Hong Kong government stabilized the index at the critical moment, which was exactly what Mr. Chen expected.

Then, their plan can proceed smoothly.

"Jin Lao Zhan, I heard that you like eating shark's fin rice the most. I'll invite you to eat at noon. Do you want to go?"

Chen Jie walked up to the middle-aged man and said proudly.

"Young boy, you weren't even born when I was trading stocks. Don't be too proud!" Zhan Zhong pointed at Chen Jie with his pipe and gritted his teeth and glared at him.

He is 57 years old and started stock trading at the age of 25. He is indeed qualified to say so.

However.

Chen Jie shrugged and said: "You are so old and you can't even tell the difference between right and wrong. I think you will lose miserably. By then, let alone shark fins and rice, you will have barbecued pork rice."

I can’t even eat.”

"Idiot, if you don't want to see Ganduo die, you will die!"

"Idiot, you have told me that you are a dead idiot and you are saying that evil cannot be justified!"

Zhan Zhong seemed to have been stabbed in the back. He cursed angrily in Cantonese and threw the pipe in his hand with all his strength.

Chen Jie had quick eyes and quick hands and hurriedly avoided it.

Afterwards, the two waves of people cursed on the spot.

The Stock Exchange is in chaos.

Security personnel rushed over and maintained order at the scene, so no mass incident occurred.

"Let's go, let's go eat shark fin."

The security personnel came too quickly.

Chen Jie had no choice but to take the traders out of the Stock Exchange first and find a place to eat.

There is still an hour until the market opens, so they can take a short break.

"General Manager, do you really eat shark fins for dinner?"

"It's fake. It's better to eat less of this stuff. It will ruin your character."

.....

Chen Jie found a porridge shop nearby and decided to make do with some porridge.

Soon, good news came.

China Heavy Industries, China Petroleum, Norinco, Huaneng Group, China Postal Savings... Many Chinese-funded enterprises jointly issued a statement to fully support the Hong Kong government in protecting the market and maintaining the stability of the Hong Kong stock market!

Countless people suddenly realized that it was the mainland that took action in the late trading!

No wonder it can withstand the pressure of selling!

Across the ocean, Wall Street quickly received the news.

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