Hollywood Hunter

., When the sunshine turned back to Asia again, on October 30, the most intense financial offensive and defensive battle since the outbreak of the Asian financial crisis was officially launched in Hong Kong, which was the focus of the public.

Central, Hong Kong.

At the Deutsche Bank Hong Kong headquarters in the International Financial Center Building, Hans Edel did not rest all night last night, and naturally did not return to his luxurious suite in the Grand Hyatt Hotel.

Since the market closed yesterday, Hans Edel has been calling non-stop for more than ten hours, contacting the headquarters of Deutsche Bank for support; contacting short-sighted capital in Hong Kong and discussing countermeasures; even contacting some of the United States. Capital, inquire about news, and even seek to be released.

With $5.3 billion in capital, $4.5 billion in the Hong Kong financial market, Hans Edel can imagine that if he can't survive the next two days, his personal career will end.

Even if this is not his operation error at all, but a black swan time that no one could have expected.

However, Hans Ederer is very clear that this is never a world of right and wrong, it is a world of success and failure.

If you're a loser, for whatever reason, you're just a loser.

Hans Eder once wanted to give up directly, because he knew exactly what he was facing.

Simon Westeros, George Soros, are just standing on the table, he is facing the entire Wall Street, and the Hong Kong authorities who dare to go directly to protect their financial markets and no longer plan to follow the rules of the game.

None of the three parties can be resisted by general capital.

Backed by Deutsche Bank, Hans Edel is not a general capital, but it is also irresistible. Because the German headquarters has almost given up after a long conference call. Therefore, he did not get any additional resources, and the headquarters was instructed to reduce his losses as much as possible.

However, even if he can minimize his losses, he is still a loser.

In 1997, the Hong Kong stock market opened at 10 am. At 9:30, pre-market trading begins.

Hans Edel, who was directly guarding the trading team's office with bloodshot eyes, did not have any thoughts of expecting a miracle, and directly asked traders to start seeking to liquidate all kinds of short contracts in their hands.

The feedback also came quickly, and the system sold the order and squeezed it, and it could not be traded at all.

This is also expected.

Wall Street has deliberately made such a trap, how can they easily escape?

Half an hour later, at 10 o'clock, the Hong Kong stock market was opening, and it jumped from 10,537 o'clock yesterday to 10,624 o'clock in an instant. There was a large screen projected on the wall of the trader's office. Hans Eder was just cold. Staring at fluctuations in indices and curves, ignoring the subconscious glances of some traders expecting orders.

The minimum margin ratio in the Hong Kong futures market is 10%, which is 10 times leverage.

This means that in the next two days, for the short capital in Hong Kong, the Hang Seng Index must be kept within 11,000 points as much as possible, so as to ensure that many short positions with full leverage but unable to replenish the margin will be liquidated.

In the current situation, no one is stupid enough to fill up more margin.

How much is added, it is estimated that how much will be lost.

Hans Eder is very clear that yesterday's close of more than 10,500 points has actually caused a small number of short-selling capital who bet less than 9,500 points and carried out full leverage operations to directly liquidate their positions. Including his own side, some contracts have also been sold. was forcibly liquidated.

The current question is, after the official settlement tomorrow, how much is left?

As for the direct extension of the rollover operation before the expiration of the futures in the past, this time is obviously not possible. Or because of the zero-sum game, when you have already won a big victory, the bulls will not accompany you to turn.

Say this to yourself.

In addition to the short futures in various aspects, Hans Eder also holds about US$500 million worth of Hong Kong stocks.

These were meant to be used for short-selling chips in order to make more money when the market went down. Now, it has become a tool to make yourself lose less.

Hans Eder actually thought about it, holding these stocks in his hands and waiting for the appreciation would probably be equivalent to making up for the losses. It's just that the idea just flashed by.

The $500 million chip was originally bought at the high point range of Hong Kong stocks in recent months, and the positioning is not an investment at all. Moreover, the current situation is also obvious. The Hong Kong authorities, as well as Wall Street capital, cannot support the Hang Seng Index indefinitely. Hans Edel judged that after the offensive and defensive battle at the end of the month, the Hang Seng Index range guarded by Hong Kong will be next. , about 10,000 points.

Compared with the previous purchase price, the Hang Seng Index is still at a loss at 10,000 points.

Therefore, these two days, because the Hong Kong authorities and Wall Street capital want to raise the Hang Seng Index as much as possible, it is the best time for him to sell these stocks. Of course, unless the Hang Seng Index has a super black swan again and returns to 16,000 in two days, this is of course a dream. Therefore, these stocks will definitely still lose money after settlement.

The big screen in the office showing the trend of the Hang Seng Index curve.

After the short jump at the opening, the short capital obviously began to exert its strength, and the Hang Seng Index fell back quickly, and then rose again.

Ups and downs.

Up and down.

So until 12 noon, the two-hour morning trading session, the Hang Seng Index has been fluctuating up and down at 10,500 yesterday.

this is also

Hans Edel expected.

Because the key is the afternoon.

Unlike tomorrow's settlement day, the Hang Seng Index futures contract will be settled on an average basis throughout the day. Today, the settlement points are still real-time. Therefore, as long as the bulls pull the Hang Seng Index to 11,000 points in the last minute of today, there will be a large number of short positions that will be liquidated again and will be forced to liquidate afterwards.

During the noon break, Hans Eder, who has always been very restrained, accidentally fed himself up a little and laughed at himself because he was thinking about things. The rest of the time was spent on phone calls and discussing countermeasures with the team.

Throughout the morning, the trading team only closed a small part of the position, and recovered less than 200 million US dollars.

At one o'clock in the afternoon, the stock market opened again.

In the first hour, the situation was still warm around 10,500 points. After two o'clock, the Hang Seng Index started to rise sharply again.

The large-screen projection in the trading office was also explained by Hans Eder, and the macro HSI curve was replaced by the specific HSI constituent stock prices.

At 2:15, Hans Eder finally issued the first sell quality of the day, and sold a Hang Seng Index constituent stock worth 20 million US dollars at one time. The trader who received the order completed the operation, Glancing at another computer screen in front of me, I found that the Hang Seng Index had indeed experienced a downtrend.

Then, with all the information in his mind, Edel kept ordering traders to sell stocks at a frequency of about once every 10 minutes.

Occasionally there will be a few more calls.

However, the Hang Seng Index continued to rise in shock after all.

After two hours of torment, plus the 8 to 10 minutes of floating trading time in the Hong Kong stock market compared to other markets, the Hang Seng Index closed at 10,711 points, a single-day increase of 2.5%.

More statistics to come.

During the entire trading day of October 30, the single-day trading volume of the Hong Kong stock market more than doubled compared to yesterday, reaching HK$79.6 billion. Compared with the previous normal trading day, it was a full seven times increase, which shows that this The long and short game is fierce in one day.

In the trader's office of Deutsche Bank's Hong Kong headquarters, when most of the traders were a little fortunate that the short position of the 9,800-point target was not liquidated, Hans Eder, who had been standing in the corner for almost a day, slowly slid down the wall and sat down. to the ground.

With a $500 million chip, only $170 million is left.

This is already the limit he can save after repeatedly saving.

After a little calculation of the general situation of the other bears he knew well, Hans Edel understood that the chips in the hands of those people would only be less.

As for Wall Street and the Hong Kong government?

Hans Edel can probably guess that the main force of the bulls today must be Hong Kong, and Wall Street may not even do much!

In this case, there is no need to take any chances tomorrow.

Liquidation is almost inevitable.

After thinking about this, Hans Eder slowly got up, returned to his office, picked up the phone and dialed the German headquarters, reported his judgment in a dry voice, and casually carried his expensive Armani suit, a little grounded. Leave the Financial Center Building and return to the Grand Hyatt Hotel.

Going to get a good night's sleep.

Perhaps, for a long time in the future, it will not be easy to live in such a good hotel.

As for tomorrow, let him go.

Just walking all the way back to the Grand Hyatt Hotel, which is not too far away, Hans Eder raised his head with emotion and wanted to take a final look at this high-end hotel in a prime location in Hong Kong.

Then, a black dot suddenly fell from the top of the building.

Getting closer and bigger.

Finally, Hans Eder landed with a thud more than ten meters away. Eder felt a bit like a broken watermelon.

Similar in every way.

This is a man in a gray suit.

Hans Eder tilted his head slightly and looked at it for a moment amid the screams of a woman who happened to pass by. He was just curious, how did this guy run to the rooftop?

As for why the other party jumped, Edel didn't think much about it.

What else could it be.

Speculate in futures and lose everything.

It's just why jumping, living, even if it's a loser, is actually pretty good.

Again, a lot of people sleepless nights.

The indifferent sunshine visited the Asian sky again the next day, and found that the annoying cloud city covered the city of Hong Kong, as if there were some secrets that outsiders did not want to know half of.

Somewhat annoying.

Fortunately, the clouds are also weak in front of the sun, and there are many other areas that can shine.

There is really no suspense.

October 31, the last day of October, is also the final settlement day for various futures positions in the Hong Kong financial market.

Different from the previous days, the transaction is based on the real-time data of the Hang Seng Index. On the settlement day, the final settlement point of the Hang Seng Index futures will be settled according to an average value of the trading period of the whole day. That is to say, even if the Hang Seng Index last minute Soaring to 16,000 points, if the average throughout the day is only 10,000 points, it will still be settled according to 10,000 points.

Because of this rule, when some bears who still can't see the situation clearly thought that today's game would be easier, at 10 am, the Hong Kong stock market officially opened, and the Hang Seng Index jumped again from 10711 at yesterday's close, directly reaching 11032 points, if not for settlement date, more

Many short positions in the Hang Seng Index will be liquidated because of this.

Short capital immediately launched a counterattack.

On the contrary, this time, the selling pressure of the bears seems to have encountered an impregnable wall. Not only did the Hang Seng Index not break into 11,000 points again, but the exponential curve continued to rise steadily, as if a tank broke into the battlefield of cold weapons, completely ignoring its surroundings. The archers, spears, or cavalry charge, just roll forward with ease, from 11,000 points to 11,500 points all the way.

Until the final close in the afternoon, the Hang Seng Index finally settled at a high of 11507 points, with a single-day increase of 7.4%.

The settlement points of the Hang Seng Index futures in October were finally fixed at 11,265 points, and none of the short positions in the 9,000-point range of the Hang Seng Index futures survived. Not only that, because the account amount of some of the short positions was simply not enough to cover the losses, the Hong Kong Futures Exchange also Part of it had to be temporarily paid in advance, and the relevant members had to be recovered afterwards.

In addition to the Hang Seng Index futures, the short-selling operations directly targeting various stocks in the Hong Kong stock market, and even some other short-selling models, all ended in huge losses.

The global financial battle to defend Hong Kong ended with a sweeping victory for the Hong Kong authorities and Wall Street bulls.

No one knows how much short-term capital has taken advantage of the trend. The media can only roughly make some vague statistics based on various public data. A generally recognized figure is about 30 billion US dollars.

In this era, the top companies in the world's first-tier companies have an annual profit scale of only about 5 billion US dollars. The typical example is Daenerys Entertainment Group.

Most of the financial giants, for ordinary people, may operate tens of billions of dollars. In fact, the annual profit scale is basically around 1 billion US dollars, such as Goldman Sachs.

30 billion US dollars, according to the profit level of this era, is equivalent to Goldman Sachs' profit in 30 years.

This book is organized and produced by the public account. Pay attention to vx [Book Friends Base Camp], read books and receive cash red envelopes!

Even if it is shared by many financial giants on Wall Street this time, 30 billion US dollars is definitely a piece of fat, and many capitals that fall into the trap, such as Deutsche Bank, which disclosed serious losses after the fact, not only The profits of Thailand, Malaysia and other countries were all spit out, and more than 2 billion US dollars were posted again.

Hans Edel, vice president of Deutsche Bank's derivatives trading department, chose to resign voluntarily.

After a turbulent week, it's time for the weekend.

It's November 1st, Halloween.

The Halloween schedule in North America opened yesterday. Daenerys Entertainment Group's The Conjuring Movie Universe, another blockbuster "The Conjuring 3", opened at the same time in North America and major global markets. Phenomenal ultra-low-cost pseudo-documentary film "Ghost Records".

The Halloween atmosphere in Hong Kong is not very strong.

Taiping Mountain, inside the mansion on Shixun Road.

After the press conference on Wednesday, Chen Qing did not leave, and has been staying in Hong Kong to watch the excitement, as well as the same acquisition.

Because she got inside information from her own boss, Chen Qing and Lin Su quietly established a long position of hundreds of millions of dollars. They can be regarded as two little crocodiles. After the settlement yesterday, the profit exceeded 50 million US dollars, which is enough to buy one in Hong Kong. A top-of-the-line mansion.

Of course, since her own boss is not interested in Hong Kong, Chen Qing is not interested either, so there is no need to spend this money.

On Saturday morning, Hong Kong, which had rained yesterday, is still gloomy today, with occasional raindrops falling.

Chen Qing is in a good mood, and is entertaining guests, guests from South Korea.