Rebirth of Hong Kong 1981

   Chapter 389 Going Short

noon

   Heung Kong stock market reopened

   The traders who have been waiting for a long time are already ready. Half an hour ago, Yang Chen explained the next action.

   short

   There is no doubt that this time the stake is the same as the previous 10 billion funds, no more or less, but the risk has increased at least ten times.

   The Hang Seng Index has been rising all the time, and everyone is buying. It is impossible for the Hang Seng Index to fall under normal circumstances.

   broke through the highest level of the Hang Seng Index in 1973, and the big stone in the hearts of all investors has fallen. Both retail investors and large investors firmly believe that the Hang Seng Index will continue to rise.

   Including He Hongtao, Yang Chen, this is a big gamble. If it wasn't for the fact that Yang Chen made billions in front of him, everyone would think he was crazy.

   Taking money to do things, although everyone doesn't understand, they won't question it. Yang Chen has already transferred the previous red envelopes to their account. Even if Yang Chen loses in the next block, they will not lose money by working in vain for a few months.

   "Uncle Tao, how much is the Hang Seng Index?"

   "1805 points"

  Yang Chen shook the newspaper in his hand, without raising his head, he said indifferently: "From this point, start borrowing the bill. The contract period is the end of December."

"let's start."

   Shorting is not more than long

To go long, you only need to buy at the lowest level, and then sell at the highest level. He has too much capital, and it is impossible to sell at the highest level, so before, he could only sell after 1,700 points. Sell ​​early.

   And shorting, is to sell first and then buy, find a broker to borrow the stock and sell it to the investors, once the HSI falls, all the investors will become leeks.

  If the Hang Seng Index rises, then he will be hanging.

   There is a time limit for short selling. When the contract expires, whether it is up or down, either delivery or closing.

  Under normal circumstances, small investors will only go long, that is, buy that stock to go up. There is no time limit. You can buy when you want, and sell when you want.

   During the bull market, everyone rushed into the stock market, and during the bear market, everyone cried and left.

   And short, most of them are big households, big institutions, big financial groups.

   Short selling requires a bank guarantee or a third party endorsement, so that once a loss occurs and the contract cannot be performed, the guarantee bank and the third party will come forward to perform the contract.

   Yang Chen now has several billion Hong Kong dollars in his bank account. As long as the Hang Seng Index does not rise to 3,000 points, he will start to lose money.

   Before he was short in France, it was short-term and the risk was relatively small, so Standard Chartered dared to provide him with leverage.

   This time, he has been shorting for several months. If it were not for the billions of cash in his bank account, HSBC would definitely not provide such leverage.

   Shorting is too risky, and the bank can’t afford to lose billions at once.

   As soon as Yang Chen's words were spoken, all the traders started to get busy.

   As before, all traders are looking for large investors, and small retail investors are not considered.

  10 billion funds, allowing retail investors to take orders, or the entire Hang Seng Index will collapse.

   Today is Friday, the last day of the week.

  Xiangjiang stock market is not open on Saturdays and weekends, so as soon as Yang Chen's order is released, the smaller one is instantly smashed.

   Now the uptrend of the Hang Seng Index is very strong. The big players who agree that this is a big bull market are really bold and open their mouths.

   This time, Yang Chen didn't limit the number of traders. The big players can sell as much as they can. No matter whether the other party sells more or not, as long as he sells the order, the money will naturally go to him.

   He is not playing a contract like VAM. If others can’t pay back, he won’t receive any money.

   Even if the other party is long, it is bought with real money. If the stock market falls and the order in the other party's hand cannot be sold, then it is none of his business.

   The phone ringing in his ear kept ringing, Yang Chen squinted his eyes, lay on He Chaoqiong's body, and directly regarded the noise in the room as a lullaby.

  Huo Jianxuan left after having eaten at noon.

   He came here today to work as an accountant for Yang Chen. After the task was completed, he naturally needed to go back and do his own business.

   Knowing Yang Chen's true strength, Huo Jianhuo became more motivated, ready to use the fastest speed to let the secretary's office figure out the affairs of Yang Chen's company.

   Yang Chen naturally didn't let Huo Jianxun get involved in the matter of shorting, even if the other party had already guessed what he wanted to do, but there was no definite news about this kind of thing, and no one could guarantee it.

Moreover, Huo Jianhuo is now relying on Yang Chen for food. The 20-year labor contract is a proper contract of sale. Once Yang Chen falls, he will follow him. Even if Huo Jianhuo knows about it, he will not be stupid enough to spread the news. go out.

   In the afternoon, the exchange was closed, and Yang Chen and the others also stopped trading.

   went to the toilet and came back, He Hongtao and others were still counting data, Yang Chen didn't bother, he walked to the edge of the window and looked at the dense flow of people below.

   In his previous life, let alone standing in the HSBC Tower looking down at the crowd, he had never been to the bank in the city.

   Looking at the crowd flowing below, Yang Chen had an indescribable feeling in his heart.

  There is a kind, everything is under control.

   Turning over your hands is a cloud, and covering your hands is rain.

   Everyone is small

   He is the only one who stands tall and sees far.

   Invincible is how, how lonely.

   Invincibility is how, how empty.

   Alone in the peak, the hot wind blows constantly.

  ‘Hey, why is it hot air? ’

  Yang Chen was intoxicated in the mermaid of Master Xing, when a hot wind suddenly hit, interrupting his thoughts.

   open eyes

   "Hee hee" is beside him, He Chaoqiong is staring at him with a smile at the moment, her eyes are full of mischievous expressions, Yang Chen's state, she has seen her father many times, she knows exactly what the other party is thinking at this time.

   He Chaoqiong finds it very interesting to interrupt other people's pride.

   glanced at the window, the glass window that was closed was opened at some point, and the hot wind from outside kept blowing in.

   Yang Chen still doesn't know what's going on.

  Fortunately, He Chaoqiong arrived just in time. Just when he thought of (how lonely Wudi is) this song, he couldn't help but want to dance along.

   Thinking of Deng Daxing's exaggerated movements, although it is very emotional, if he really jumped out at this time.

   Needless to say, shame and loss.

   turned his head to look at He Hongtao, who was nearly two meters away from He Chaoqiong, glanced at the data sheet in his hand, and said, "Have the statistics been completed?"

   "The statistics have been completed, Boss" He Hongtao hurriedly stepped forward and handed the data sheet to Yang Chen.

   "We sold a total of 3 billion orders in the afternoon, of which 2 billion were eaten by several companies..."

   When He Hongtao spoke, his lips could not stop trembling. When they put out the list, the Hang Seng Index was still rising. As of the close, it had risen by five points.

Although the    five points are not many, it is also a considerable sum in terms of the huge amount of money invested by Yang Chen.

   If the Hang Seng Index continues to rise next week, then Yang Chen will lose more and more. If the Hang Seng Index does not fall, the five-month contract period is enough to make all their previous work in vain.

  The reason why He Hongtao was excited was mainly because he was frightened by the 3 billion transaction. For such a large amount, people outside said he would accept it.

   If it wasn't for the time issue, maybe they could sell all the orders in one day today.

   Crazy, just crazy.

   After reading the data, Yang Chen handed the list to the soldier beside him and asked him to keep the data.

   Then, he said to everyone: "You have worked hard today, you go back and change your clothes first, and I will invite everyone to dinner in the evening.

  Today and Friday, the stock market is closed tomorrow and the day after, everyone can have fun and take advantage of the market suspension for these two days, everyone has a good rest. "

  ——

   (end of this chapter)