God of Rebirth Trader
Chapter 97 Soros retreats
News that Lin Jiacheng took action to push up the stock market spread throughout Hong Kong.
Some investors who were still hesitating could no longer keep calm and rushed into the stock market with their only money to buy low-priced stocks that had fallen the hardest.
In the eyes of many Hong Kong people, an old fox like Lam Ka-shing has already entered the market, and it is impossible for him to engage in loss-making business. This shows that the current stock market is really seriously undervalued.
Why don’t you buy the bottom right now?
A large amount of money poured into the Hong Kong stock market, and the Hang Seng Index continued to soar!
9321.
9462.
9567.
...
At the same time, international hot money also launched its final counterattack!
They hold a large number of short orders. If they deliver at a high price today, they will suffer heavy losses!
Countless traders on Wall Street are furious and are selling stocks crazily at all costs!
When you run out of chips, buy the stock at the market price, and then sell it at a super low price!
The most intense fight occurred at the 9500 point mark!
The Hang Seng Index suffered its biggest impact since the opening!
All kinds of huge selling orders are constantly being thrown out from the market, causing the stock price to fluctuate violently!
When investors check their positions every ten seconds, they will see skyrocketing or plummeting market values.
The roller coaster-like stock price continues to stimulate people's nerves.
Even the most experienced investors do not dare to make intraday swings, because it is very likely that once your stock is sold, you will never be able to buy it back at the same price.
Within the Stock Exchange.
The traders of Infinite Private Equity could not hide their excitement. They did not expect that Lin Jiacheng would enter the market at the critical moment.
But soon, the desperate struggle of international short sellers made everyone feel more pressure.
They have no money left!
All the money has been poured into the stock market, this time I am really the main force!
"Impossible! It's impossible for people in Xiangjiang to only have such a small amount of funds!"
Chen Jie stared at the market turnover with a look of disbelief.
Lin Jiacheng invested at least 50 billion in the market, and the total retail investors in Xiangjiang had more than 30 billion, but they still couldn't withstand the sell-off of international hot money.
Market confidence has not been fully stimulated, and one Lin Jiacheng is not enough to reverse the Hang Seng Index.
Then there is only one possibility left!
....
The Hang Seng Index rose several times, only to be beaten down by huge selling prices.
Retail investors who rushed in to hunt for the bottom became panicked when they saw the index fluctuating and unstable, so they began to sell their own stocks again.
The T 0 trading system is destined to allow retail investors to become long or short at any time when the market is inconsistent.
They are like water, they can carry or overturn a boat. If you cannot make the best use of the situation, you will definitely be knocked to the ground by this force.
Retail investors came and went, causing the Hang Seng Index to plummet by more than 300 points!
However.
Just at this time.
Chen Jie suddenly made a crazy move!
He climbed onto the highest table of the Stock Exchange and said: "Everyone, I can't stand up today. We are all going to finish. I, Chen Jie, put this here. I owe whoever helps me today. I am grateful."
Must retaliate!"
In the trading hall of the Stock Exchange, more than 600 traders were shocked.
All financial institutions in Hong Kong are concentrated here. If they enter the market together at this time, they may be able to beat the international short sellers.
"Okay! With your words, I, Mr. He, will help you today!"
"I'm coming too!"
Dozens of traders in the back seats of Infinite Private Equity were the first to start frantically entering buying orders in front of the computer, scanning goods indiscriminately.
The Hang Seng Index quickly stopped its downward trend and turned upward!
"Lift!"
"Lift!"
"Sheng!"
"I rushed!"
...
At the same time, industrial tycoon Guo Yingzhong, Dongmen gambling king He Xin, and Asian stock market god Li Zhaoxing also held press conferences, claiming that they had entered the market and fully supported the stock market!
The cloud of panic that has lasted for several months has left everyone breathless.
Now that several good news have come in succession, it is like the sharks smelling blood in the ocean.
Funds poured in from all directions, and the stock market that received liquidity immediately surged forward, breaking through the psychological barrier of 10,000 points in just a few minutes!
Hang Seng Index outperforms!
Still pushing it higher!
....
"Awei, why would my dad support you?!"
In the Sanatorium and Hospital, Lin Zeju looked at the TV and was stunned. He was actually the last person to know the news?
"Haha, your dad just supports the Hong Kong government, so how can he support me?"
The four richest people in Hong Kong finally took action to sweep away the goods, and a stone fell from Chen Weidong's heart, and he even became more relaxed when talking.
"You guys hide everything from me."
Lin Ze was speechless. Was he really too impetuous?
The Hong Kong stock market rose sharply. Wall Street short-selling institutions shorted almost all the chips in their hands, but failed to bring down the Hang Seng Index. Countless undelivered short futures orders faced huge losses.
Even stock god Buffett stood up and said that this was the biggest failure in the history of Wall Street, no less than the "Black Hawk Down" incident in 1993.
Perhaps we should reflect on whether we have underestimated the strength behind the Hong Kong government.
"George, Mr. John Jr. blamed us, why did we lose to a small company?" Drucken Miller put down the phone in his office and said helplessly to Soros.
Quantum Fund holds more than 200,000 short orders, and its losses have reached more than 27 billion Hong Kong dollars, which is almost like vomiting blood. This has exceeded more than 50% of their fund's assets.
They have always been invincible. They won the Thai baht, the Vietnamese dong, the ringgit, and the Korean won. However, they did not expect that they would lose everything in the Hong Kong stock market!
After this battle, the Quantum Fund may be reorganized.
"It's this institution again, why do they have so much money?!" Jones tore up the report next to him, furious.
Infinity Private Equity invested more than 100 billion Hong Kong dollars to pull up the stock market at a critical moment, causing many Wall Street institutions to liquidate their positions, and twelve small institutions declared bankruptcy on the spot.
Charles Vox, a well-known value investor on Wall Street and co-founder of International Value Consultants, also just committed suicide by jumping off a building.
It is reported that when the Hang Seng Index broke through 7,400 points, he used all client funds to purchase more than 50,000 short orders.
A few minutes later, the Hang Seng Index rose sharply, and he had no time to close his position, so he lost everything.
Countless elites who were once sought after by others have lost their capital to gain a foothold on Wall Street in one fell swoop.
The shocking huge profits have made the former value investors no longer rational, and they did not hesitate to spend all their wealth to gamble.
If you win, you will be an investment genius and a financial god, enjoying the spotlight.
However, not everyone can afford the price of failure.
What they are about to face is the mafia's crazy debt collection, or they may have no choice but to restart their lives.
"How many chips do we have left?"
"There's not much left."
"Let's transfer positions and fight again in September..."
"George, if we transfer the position, we will have to pay up to 60,000 Hong Kong dollars for one contract, which Quantum Fund can no longer afford." Drucken Miller shook his head and said.
The military advisor's words directly extinguished Soros's last hope...
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