Rebirth of the Wild Age

This battle without gunpowder can be roughly divided into three parties.

One is "China Economic Development" that can learn the inside story in advance, the other is "Wan Guo" that represents Shenghai's traditional forces, and the other is "Liao Guofa" that represents grassroots private capital.

Song Weiyang did not seek cooperation with those large securities firms, but instead found private securities firms affiliated with "China Economic Development Corporation"—private securities firms can also buy trading seats.

The futures broker's surname is Zheng, his name is Zheng Zhong, and he is from Zheng Xuehong's family.

The three sat down to drink tea, before the market opened, Zheng Xuehong muttered in a low voice: "Is this trader reliable? I just asked, he is only 21 years old this year."

"There are younger ones, this is an emerging field." Song Weiyang laughed.

It's a pity that Ning Caishen has already moved to the capital, otherwise it would be interesting to talk to Ning Caishen as a trader after many years.

Ning Caishen graduated from Shangcai last year. He was only 19 years old. He worked in the Shanghai Stock Exchange for half a year. Then he left Shenghai and went to Beijing to buy a trading seat in the Beijing Stock Exchange with a friend. In his first month as a futures broker, he earned more than 100,000 yuan in salary plus commission, which was unimaginable for his peers.

Of course, in the upcoming battle, Ning Caishen will lose all his blood. His trading seat lost more than 70 million yuan, although most of it was the client's money, but he himself also lost a lot of money—thanks to this, otherwise he would have really flourished, and I'm afraid there would be no "Wulin Biography".

Zheng Zhong already knew that Song Weiyang and the three were going to make the "327 national debt". He introduced: "The current situation in China is overheated investment and chaotic financial order. Last year, the Shen Taifu fund-raising case broke out. The central government must not dare to adjust the interest rate easily. This study has been discussed for a long time, and everyone thinks that 327 will definitely fall..."

"Don't talk nonsense," Song Weiyang interrupted directly, "wait for the market to open."

Zheng Zhong pouted and remained silent, thinking that the three of them would definitely lose money, and he might not be able to earn much from his commission.

Although Zheng Xuehong was calm on the surface, he was actually very guilty. In the past few days, he had learned a lot about futures.

The current minimum futures margin ratio is 2.5%. If Song Weiyang trades futures at this ratio, if the price of 327 treasury bonds falls by 90 cents, the position will be liquidated.

The ignorant are fearless, the more they know, the more fearful they become.

Zheng Xuehong often has the idea of ​​quitting these days, but out of trust in Dr. Ma, he still insists on not being a deserter. Anyway, he only brought 200,000 yuan, even if he lost everything, he could earn it back slowly in the future.

Chen Tao is carefree, she doesn't understand futures, she only understands people. Dr. Ma is so smart, and he always makes plans before acting, how could he bring a huge sum of money to gamble on luck? Definitely got inside information.

It's funny to say, but the so-called inside information has actually spread throughout the futures market. It may even be that the Ministry of Finance deliberately let out the rumors to give some warnings to those who want to short, but there are some people who are determined to die to the end. Whether it is Wanguo, which represents the strength of the Shenghai stock market, or Liao Guofa, which represents the grassroots capital of the private sector, knowing that the central government may introduce favorable policies, they still think that they can defeat the national team (China Economic Development Corporation) with capital strength.

Everything is for money, Wanguo has done too many empty orders, and for every one yuan increase in the 327 national debt, they will lose more than one billion yuan.

The market finally opened, and the price of the 327 treasury bond at this time was 148.23 yuan.

Zheng Zhong looked at Song Weiyang.

Song Weiyang smiled and said, "No rush."

After a while, Zheng Xuehong said excitedly: "I fell, I fell!"

Can it not fall?

Among the three parties, two parties are crazy about shorting.

Song Weiyang suddenly said: "Hold more, 100 puffs every 15 minutes, I'll go back to class first."

"What?" Zheng Zhong almost fell to the ground.

The 327 national debt is worth 20,000 yuan per lot, and Song Weiyang would invest 8 million yuan in an hour, and 32 million yuan in a day.

The 2.5% margin ratio is too scary. Winning is easy and losing is complete.

"Do things, do it every day for the next few days, and I won't come and stare at you!" Song Weiyang reminded.

Zheng Zhong quickly started to operate, and asked at the same time: "What should I do if the position is liquidated?"

"Fix it if it explodes," Song Weiyang said.

Zheng Zhong thought to himself: I met a lunatic today!

Song Weiyang entered the market a week in advance. With the money he brought, together with Chen Tao and Zheng Xuehong's money, he could make a long order worth 900 million yuan.

The long side and the short side are now evenly matched, Song Weiyang did not dare to rush in directly, smashing too much at once would definitely cause a disturbance. Moreover, for two consecutive years, the price change of 327 government bonds has not exceeded 1 yuan, and there will be basically no liquidation. If the luck really explodes, Song Weiyang will immediately ask his elder brother to borrow money to cover his position.

A week passed, and Song Weiyang made a small profit, making long orders worth 700 million.

However, this does not affect the overall situation. Even the closing price on the day before the decisive battle is the same as in history. There are really too many participating funds. Not only Shenghai is doing it here, but Shencheng and Jingcheng are also doing it. The trading seat of Ning Caishen in Beijing will lose more than 70 million tomorrow. One can imagine the amount of funds in the whole market.

When he came out of the exchange, Zheng Xuehong was flustered and asked, "How much did we earn?"

"Not much, the decisive battle is tomorrow." Song Weiyang laughed.

Chen Tao was relatively calm at first, but seeing the tens of millions of transactions per minute, she was also very frightened, and she couldn't fall asleep that night after tossing and turning.

Battle Day.

Before the market opened, good news came out suddenly: the Ministry of Finance announced that it would raise the coupon rate of 92(3) treasury bonds by 5 percentage points.

Great news.

Dufang, headed by "China Economic Development", bought 3 million lots as soon as the market opened, and countless retail investors followed suit. Song Weiyang studded all the remaining money.

"Liao Guofa", which has been short-selling, saw that the momentum was not right, and immediately turned its back on its ally "Wan Guo" and started to go long instead. This became the straw that broke the camel's back, directly pulling the price of the 327 national bond from 148.21 yuan to 151.98 yuan.

"Wanguo" frantically mobilized funds to sell short, but it didn't help. Until eight minutes before the market closed, the price remained at 151.30 yuan.

"It's a lot of money, it's a lot of money!" Zheng Xuehong smiled all over her face.

Zheng Zhong also flattered quickly: "Mr. Song is really amazing!"

Song Weiyang smiled and said nothing, the truly exciting performance has not yet begun.

About seven and a half minutes before the close, the price of the 327 national bond suddenly plummeted. From the morning to now, it has only increased by 3 yuan, but in the last eight minutes, it has plummeted by 4 yuan.

"What's the situation?" Zheng Zhong couldn't understand at all.

Looking at the closing price of 147.50 yuan, Zheng Xuehong was dumbfounded and said, "Have we lost everything?"

Zheng Zhong lost his mind and said to himself: "It exploded, it exploded completely."

"How could this be?" Chen Hong couldn't believe that Dr. Ma would miss it.

The entire exchange was in an uproar, not just as simple as losing money, most people who played 327 treasury bonds had their positions liquidated.

Song Weiyang laughed and said, "Wan Guo is crazy."

Zheng Zhong said in shock: "You can still laugh?"

Song Weiyang asked: "How many short orders do you think it takes to drop the 327 national debt by four yuan in eight minutes?"

Zheng Zhong quickly calculated in his head and said, "At least 100 billion or more!"

"Does Wan Guo have that much deposit?" Song Weiyang asked with a smile.

"Of course not," Zheng Zhong said angrily, "Wan Guo's operation is illegal, fuck it!"

To be precise, Wanguo Securities placed empty orders worth 146 billion yuan in the last eight minutes, and even if Wanguo was sold, it would not be able to get that much margin.

Don't blame the national team for being the referee. Wanguo is not a good thing either. This kind of operation will be ruined in any country.