Great Power Technology

On September 10, the Chinese stock market officially opened.

As soon as the pre-market bidding started, Huaxin Group's stock price hit its daily limit within half a second.

Subsequently, within two minutes, all chip industry-related stocks hit their daily limit.

Next, driven by the enthusiastic atmosphere, more than 500 related stocks hit their daily limits within 20 minutes of the opening. Within an hour of the opening, nearly a thousand stocks hit their daily limits, and the Shanghai Composite Index rose 5.2%.

On the other side of the sea, it was already 9:30 pm, but the offices of Blackstone Fund were still brightly lit.

Waiting in front of the many operating screens are not only traders from Blackstone, but also officials from IDFC, the official agency of the United States.

There is only one thing they have to do, and that is to buy back as many stocks as they can before selling through securities lending, and then repay them to the securities lending institutions.

Otherwise, according to the current situation, if they sell every night, they will have to bear a 10% loss.

What's more serious is that when selling securities, they actually added leverage in order to maximize their power.

In other words, for every 10% increase in stock prices, their actual losses will be magnified to 30%.

As long as it takes less than 4 days, all their funds can be emptied.

Based on the current trend of China's stock market, this wave of rising prices, especially for chip-related stocks, may even last for more than a month!

They will be beaten to the point of being out of position.

The amount they invested in this financial battle was 30 billion.

30 billion dollars.

The general manager of Blackstone Fund stood in the center of the crowd and said impassionedly:

"Now we implement a two-step strategy. The first step is to continue shorting in the stock index futures market, creating the illusion that the stock price will fluctuate and adjust, and guiding the stock market downward! As long as there is any loosening, we will immediately redeem it with the idle funds on hand. Stocks, minimize losses as much as possible!”

"The second step is that we still have about 6 billion U.S. dollars of chips in the secondary market, scattered in different stocks. We must monitor the trends of each stock and identify a stock that is about to open, regardless of the cost. Open its daily limit!"

"As long as one daily limit is opened, all other stocks will fluctuate accordingly. We must take advantage of this opportunity and redeem as many stocks as possible."

"Remember, every operation you make is saving our entire company, and even our country!"

"If we fail to seize this opportunity, all the chips we invested in the early stage will be swallowed up, and the loss will be close to 20 billion U.S. dollars!"

“If we don’t do it well, everyone will not have a good time this year!”

"Now, open your trading software and hold your mouse tightly. The future of the company is in your hands!"

Near Shanghai Stock Exchange, CITIC Securities Business Hall.

The VIP trading room that was almost never opened finally welcomed the guest he had been waiting for for a long time today.

No one knew this guest, his face was completely unfamiliar, and his clothes were so simple that they were even a little shabby, but everyone who saw him knew what kind of financial power he represented behind him.

This force has thwarted financial wars against China again and again, defeating those financial giants who once had no rivals across Asia and never came back.

And this time, he's here again.

Three different physical keys were connected to the computer in the trading center, and then a series of accounts were opened in front of the customer.

He was not in a hurry to trade, but patiently looked at the data captured from the market.

He doesn't look at the K-line, the trading volume, or the real-time rise or fall. He only pays attention to one indicator: among all the chip-related stocks that have reached their daily limit, has any of the closed orders dropped to the dangerous line?

Whenever he finds that the closing price of a stock is too low, he will buy it without hesitation, firmly sealing the stock price at the daily limit.

According to the information he received, his opponent could mobilize up to nearly 50 billion soft sister coins to smash the market and cash it into a single stock, each of which could reach hundreds of millions.

A market crash of hundreds of millions of dollars, especially for small-cap stocks, is likely to hit the daily limit.

He knew in his heart that opening the daily limit was a signal.

Especially in such a hot market, once such a signal appears, it is likely to shake all stocks.

He couldn't allow this to happen.

Therefore, his battle with his opponent is actually boring.

Starting at 10 o'clock, he noticed his opponent's movements.

The closing orders of several key chip-related stocks began to change.

Someone is placing a large number of sell orders, first as a test, and then they start to deliberately guide their emotions, hoping to trick retail investors who have made profits in the early stage to follow suit.

And he had only one response.

purchase!

No matter how many sales orders the other party throws out, he will eat them without blinking!

This is a silent collision, and it is also this country's unique and consistent strategy to deal with financial shocks, which is to use huge reserve resources to overcome skill with strength, and use huge amounts of money as a heavy sword without an edge to eliminate all the bells and whistles. Strategies are all nipped in the bud.

The closing orders of several stocks jumped violently, from tens of thousands of lots at the beginning to thousands of lots in a few seconds, and then back to tens of thousands of lots.

His expression remained calm.

Because he knows that this is a battle that must be won.

The key to victory lies not in how much money he manipulates, but in that small factory in the mountains of the southwest.

He is just the last rope used to hang his opponent.

At 11:30 am China time, the morning session ended, and the Shanghai Composite Index finally stayed at a 5.4% increase.

The Blackstone offices had an air of decay.

Throughout the morning, all their attempts ended in failure. With only $6 billion in chips left, there was no longer any strategy that could save the mired Blackstone Fund and IDFC, their big boss behind the scenes.

It was a complete rout.

"fxxk! fxxk! They are manipulating the stock market! Why do they do this! All our selling orders have been swallowed up! No private capital can do this!"

"This is blatant fraud! This is fraud!"

"I want to report them! Such transactions are invalid! I want the exchange to cancel their transactions!"

The head of Blackstone Fund is close to emotional breakdown. In fact, he doesn’t feel much about the loss of tens of billions. Money is just a number to him, not to mention that it is not his own money.

However, he absolutely cannot accept it. Every move he makes is like hitting a steel plate. Not only does it have no effect, it will even make a crisp sound, just like a mockery of him!

Seeing his crazy expression, the person in charge of IDFC silently put away the folder.

"Let's go, we failed completely this time, he has given up."

His secretary glanced at him in surprise, then followed him and left the Blackstone Fund silently.

Three days later in the afternoon, the mysterious guest in the CITIC Securities business hall left the VIP trading room. After he walked out of the door, the door of the trading room was locked again. No one knew when the door would be opened next, but most of them Most people already know the result of this opening.

The overseas capital represented by Blackstone Fund was completely defeated. Not a cent of the 30 billion dollars invested in this battle was left, and 100% was swallowed up in this unusual capital market.

A group of wolves died in the hunting ground. They thought they were catching a rabbit that was harmless to humans and animals, but they did not expect that the rabbit was carrying a gun.

The head of Blackstone was hospitalized for a heart attack the day after the market opened and died of heart failure on the third day.

Of course, Blackstone Fund, a giant in the capital market, will not fall because of this loss, but everyone can see the heavy losses they have suffered.

Perhaps, for a long time in the future, this company will no longer dare to touch business related to China.

In the detention center, the latest newspaper was spread out in front of the man named Liu Xiao, a trader who once tried to manipulate stock prices and almost leaked information to the Blackstone Fund.

His expression looked like a smile but not a smile, like sadness, but also like relief.

The front page of the newspaper read:

“Overseas short-selling capital failed, technology is the foundation of financial security!”